NBCR vs. ESG ETF Comparison

Comparison of Neuberger Berman Core Equity ETF (NBCR) to FlexShares STOXX US ESG Impact Index Fund (ESG)

NBCR

Neuberger Berman Core Equity ETF

NBCR Description

To pursue its goal, the fund invests mainly in equity securities of large-capitalization companies, which it defines as companies that have a market capitalization within the market capitalization range of companies in the Russell 1000® Index at the time of initial purchase. The portfolio managers seek to invest in a broadly diversified group of securities that have the potential to outperform the Russell 1000 Index with a lower level of risk through security selection.

Grade (RS Rating)

Last Trade

$26.43

Average Daily Volume

20,646

Number of Holdings ^*

191

* may have additional holdings in another (foreign) market

ESG

FlexShares STOXX US ESG Impact Index Fund

ESG Description

The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXX US ESG Impact Index.

Grade (RS Rating)

Last Trade

$133.82

Average Daily Volume

5,241

Number of Holdings ^*

258

* may have additional holdings in another (foreign) market

Performance

Period	NBCR	ESG
30 Days	0.64%	-0.75%
60 Days	1.44%	0.57%
90 Days	7.54%	6.62%
12 Months		28.07%

92 Overlapping Holdings

Symbol	Grade	Weight in NBCR	Weight in ESG	Overlap
AAPL	C	6.64%	5.0%	5.0%
ACN	C	0.5%	1.15%	0.5%
ADSK	B	0.17%	0.31%	0.17%
AEP	D	0.2%	0.22%	0.2%
AIG	B	0.79%	0.09%	0.09%
ALL	C	0.44%	0.08%	0.08%
AMAT	F	0.65%	0.51%	0.51%
AMD	F	0.65%	0.83%	0.65%
AMZN	A	3.58%	4.81%	3.58%
AON	A	1.34%	0.26%	0.26%
APO	B	0.28%	0.31%	0.28%
APTV	F	0.19%	0.05%	0.05%
AVTR	F	0.16%	0.03%	0.03%
BAC	B	0.69%	0.98%	0.69%
BK	B	0.25%	0.23%	0.23%
BKNG	A	0.43%	0.49%	0.43%
BMY	A	0.26%	0.36%	0.26%
BSX	C	0.83%	0.21%	0.21%
CAT	B	0.53%	0.32%	0.32%
CCL	A	0.65%	0.07%	0.07%
CEG	B	0.21%	0.21%	0.21%
CL	F	0.35%	0.34%	0.34%
COST	D	1.01%	1.0%	1.0%
CRM	A	0.79%	0.46%	0.46%
CRWD	C	0.47%	0.23%	0.23%
CSCO	B	0.44%	0.94%	0.44%
CVS	F	0.34%	0.3%	0.3%
D	B	0.18%	0.09%	0.09%
DE	B	0.34%	0.47%	0.34%
DLTR	F	0.26%	0.04%	0.04%
DUK	C	0.25%	0.23%	0.23%
EA	A	0.15%	0.12%	0.12%
ECL	C	0.17%	0.18%	0.17%
ELV	F	0.29%	0.41%	0.29%
ETR	A	0.15%	0.07%	0.07%
FANG	F	0.25%	0.05%	0.05%
FCX	D	0.33%	0.17%	0.17%
FDX	C	0.21%	0.21%	0.21%
FITB	B	0.24%	0.08%	0.08%
GIS	D	0.35%	0.19%	0.19%
GM	B	0.54%	0.3%	0.3%
GS	B	0.38%	0.83%	0.38%
HD	B	1.24%	1.01%	1.01%
ICE	C	0.59%	0.48%	0.48%
INTU	D	0.56%	0.43%	0.43%
IQV	F	0.23%	0.12%	0.12%
IT	C	0.14%	0.17%	0.14%
JNJ	D	1.05%	1.98%	1.05%
JPM	A	1.33%	3.21%	1.33%
K	A	0.06%	0.1%	0.06%
KDP	F	0.58%	0.07%	0.07%
LLY	F	1.49%	2.55%	1.49%
LNG	A	0.11%	0.07%	0.07%
LNT	C	0.13%	0.06%	0.06%
LRCX	F	0.3%	0.25%	0.25%
LVS	B	0.37%	0.04%	0.04%
MA	B	1.09%	1.07%	1.07%
MCD	C	0.73%	0.36%	0.36%
MCK	C	0.21%	0.22%	0.21%
MCO	D	0.29%	0.12%	0.12%
MDLZ	D	0.28%	0.39%	0.28%
MDT	B	0.75%	0.39%	0.39%
MET	C	0.23%	0.21%	0.21%
MSFT	D	6.06%	4.8%	4.8%
NDAQ	B	0.28%	0.13%	0.13%
NKE	F	0.28%	0.24%	0.24%
NOW	A	0.71%	0.34%	0.34%
NVT	D	0.41%	0.06%	0.06%
ORCL	B	0.94%	0.71%	0.71%
PEG	B	0.16%	0.15%	0.15%
PG	D	0.96%	2.01%	0.96%
QCOM	D	0.95%	0.63%	0.63%
RSG	D	0.16%	0.07%	0.07%
SHW	D	0.25%	0.14%	0.14%
SLB	F	0.27%	0.3%	0.27%
SNPS	B	0.22%	0.19%	0.19%
SPGI	D	0.76%	0.64%	0.64%
SRE	C	0.15%	0.14%	0.14%
STZ	F	0.25%	0.07%	0.07%
TJX	D	0.7%	0.65%	0.65%
TT	C	0.48%	0.37%	0.37%
TXN	A	0.51%	0.63%	0.51%
UBER	C	0.78%	0.55%	0.55%
USB	B	0.22%	0.38%	0.22%
V	A	1.16%	1.98%	1.16%
VRSK	B	0.17%	0.12%	0.12%
VRTX	D	0.54%	0.4%	0.4%
VTR	B	0.21%	0.07%	0.07%
VZ	D	0.69%	0.29%	0.29%
WY	D	0.07%	0.11%	0.07%
XOM	C	1.16%	2.67%	1.16%
ZBH	C	0.47%	0.04%	0.04%

NBCR Overweight 99 Positions Relative to ESG

Symbol	Grade	Weight
NVDA	B	6.59%
GOOGL	A	3.15%
GOOG	A	1.81%
GE	D	1.03%
ABBV	A	0.98%
TDG	C	0.87%
UNM	A	0.86%
TMUS	B	0.83%
NFLX	A	0.71%
T	A	0.71%
LIN	C	0.64%
UL	D	0.63%
TMO	D	0.63%
ETN	B	0.62%
FI	A	0.61%
WFC	B	0.59%
IWB	A	0.55%
KKR	B	0.55%
ADI	C	0.54%
MMM	D	0.46%
PH	A	0.45%
APH	B	0.44%
ULTA	C	0.42%
PNC	B	0.42%
PLD	F	0.41%
REGN	F	0.39%
CARR	D	0.39%
COP	D	0.38%
MRVL	A	0.37%
IR	C	0.36%
NEE	D	0.36%
AMGN	C	0.35%
MSI	B	0.34%
URI	B	0.33%
TRU	C	0.33%
HCA	D	0.32%
DKNG	F	0.3%
LMT	D	0.3%
CFG	A	0.3%
NSC	B	0.28%
LEN	D	0.28%
EOG	D	0.28%
GL	C	0.26%
CHKP	F	0.25%
AVY	D	0.25%
MLM	A	0.25%
CSX	F	0.25%
PSX	F	0.24%
ELS	D	0.24%
AIZ	D	0.23%
EHC	A	0.22%
DAL	A	0.22%
ORLY	C	0.21%
BA	F	0.21%
EFX	D	0.21%
FCPT	D	0.21%
WCN	D	0.21%
HUM	F	0.2%
CNC	D	0.2%
J	D	0.19%
DGX	B	0.18%
SAIA	A	0.18%
DXCM	C	0.17%
MOH	D	0.17%
TKO	D	0.16%
WRBY	A	0.16%
CDW	F	0.16%
MTCH	C	0.15%
WMB	A	0.14%
OKE	B	0.14%
ENTG	D	0.14%
APD	B	0.14%
ESI	A	0.13%
TW	B	0.13%
BLDR	F	0.13%
VST	B	0.13%
PCG	B	0.13%
ASML	F	0.13%
FE	D	0.12%
NUE	F	0.12%
STWD	D	0.12%
BMRN	F	0.11%
BHP	C	0.11%
DTE	C	0.11%
STLD	A	0.1%
INVH	F	0.1%
ON	D	0.1%
EQR	D	0.09%
CNP	C	0.09%
TRGP	A	0.08%
UTZ	B	0.08%
CCK	B	0.08%
WIX	B	0.08%
FBIN	C	0.07%
TOL	C	0.07%
SMAR	A	0.07%
IONS	F	0.06%
GXO	B	0.06%
DTM	A	0.04%

NBCR Underweight 166 Positions Relative to ESG

Symbol	Grade	Weight
META	B	-5.22%
BRK.A	D	-3.02%
TSLA	A	-2.42%
AVGO	B	-2.0%
WMT	A	-1.83%
KO	D	-1.32%
CVX	A	-1.29%
MRK	F	-1.12%
IBM	C	-1.01%
UNH	C	-0.88%
DIS	C	-0.73%
ADBE	F	-0.71%
ABT	A	-0.68%
MU	C	-0.6%
C	A	-0.6%
UNP	D	-0.58%
SYK	A	-0.54%
LOW	B	-0.52%
ADP	A	-0.49%
INTC	C	-0.48%
AMT	D	-0.44%
PFE	D	-0.41%
CTAS	B	-0.36%
ZTS	D	-0.34%
WELL	A	-0.32%
CI	D	-0.3%
PANW	B	-0.3%
TGT	D	-0.29%
MMC	D	-0.28%
CB	C	-0.28%
GILD	A	-0.28%
PYPL	B	-0.28%
MAR	A	-0.27%
CMG	B	-0.27%
NXPI	C	-0.25%
NEM	D	-0.24%
AFL	D	-0.24%
TRV	B	-0.24%
MS	B	-0.24%
HLT	A	-0.24%
KMB	D	-0.23%
TFC	C	-0.2%
FLUT	A	-0.2%
ROST	F	-0.2%
CBRE	A	-0.2%
SBUX	A	-0.19%
GEHC	D	-0.19%
KR	A	-0.19%
LULU	C	-0.18%
HPQ	B	-0.18%
VICI	D	-0.18%
OTIS	B	-0.17%
CMI	B	-0.16%
KLAC	F	-0.16%
GWW	A	-0.16%
AJG	D	-0.16%
HIG	D	-0.15%
WTW	A	-0.15%
IRM	B	-0.15%
DFS	A	-0.15%
EIX	D	-0.14%
EW	D	-0.14%
AWK	D	-0.14%
ROK	B	-0.13%
ITW	A	-0.13%
WM	A	-0.13%
WDC	C	-0.12%
DOW	F	-0.12%
BDX	C	-0.12%
TSCO	D	-0.12%
DD	D	-0.12%
YUM	D	-0.12%
MSCI	C	-0.12%
SMCI	F	-0.12%
FTV	F	-0.11%
HPE	A	-0.11%
HSY	F	-0.11%
XYL	F	-0.11%
CDNS	C	-0.11%
HUBS	B	-0.11%
CTSH	D	-0.1%
OMC	B	-0.1%
DECK	B	-0.1%
EMR	B	-0.1%
KHC	D	-0.1%
VLO	F	-0.1%
EBAY	D	-0.1%
PFG	C	-0.09%
EL	F	-0.09%
BKR	A	-0.09%
WSM	F	-0.09%
CAH	B	-0.09%
PSA	D	-0.09%
LII	B	-0.09%
BBY	D	-0.09%
ADM	F	-0.09%
AZO	D	-0.09%
CLX	B	-0.09%
FDS	B	-0.09%
BALL	F	-0.08%
NU	C	-0.08%
CCEP	D	-0.08%
BR	C	-0.08%
WAB	B	-0.08%
DOC	C	-0.08%
NTAP	D	-0.08%
IDXX	F	-0.07%
GEN	A	-0.07%
CTVA	A	-0.07%
PNR	B	-0.07%
STT	A	-0.07%
XPO	A	-0.06%
RPRX	D	-0.06%
RF	B	-0.06%
SUI	D	-0.06%
HBAN	B	-0.06%
ARE	F	-0.06%
HOLX	A	-0.06%
IPG	F	-0.06%
GLW	A	-0.06%
XEL	A	-0.06%
EXPE	B	-0.06%
A	D	-0.06%
ACM	A	-0.06%
ESS	D	-0.06%
MKC	C	-0.06%
ED	C	-0.06%
ZBRA	A	-0.06%
SWK	D	-0.05%
MRO	C	-0.05%
BAX	F	-0.05%
MRNA	F	-0.05%
AES	F	-0.05%
CMS	C	-0.05%
DOX	B	-0.05%
IEX	A	-0.04%
DPZ	B	-0.04%
WST	B	-0.04%
AKAM	D	-0.04%
NI	B	-0.04%
SNAP	B	-0.04%
KEY	B	-0.04%
PPL	C	-0.04%
DOV	B	-0.04%
NDSN	D	-0.04%
BURL	D	-0.04%
NRG	B	-0.04%
DG	F	-0.03%
PSTG	D	-0.03%
OC	B	-0.03%
TFX	F	-0.03%
LECO	B	-0.03%
TSN	D	-0.03%
CAG	D	-0.03%
EXPD	D	-0.03%
BG	F	-0.03%
JBL	A	-0.03%
STX	D	-0.03%
MAS	D	-0.03%
HST	D	-0.02%
SJM	F	-0.02%
DKS	F	-0.02%
LKQ	F	-0.02%
FFIV	A	-0.02%
RNR	C	-0.02%
OKTA	D	-0.01%