NFRA vs. JEPI ETF Comparison

Comparison of FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) to JPMorgan Equity Premium Income ETF (JEPI)

NFRA

FlexShares STOXX Global Broad Infrastructure Index Fund

NFRA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXXÂ® Global Broad Infrastructure Index. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in its underlying index. The underlying index reflects the performance of a selection of equity securities of infrastructure-related companies that are domiciled or traded in developed and emerging markets around the world. It is non-diversified.

Grade (RS Rating)

Last Trade

$58.16

Average Daily Volume

78,402

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JEPI

JPMorgan Equity Premium Income ETF

JEPI Description

The investment seeks current income while maintaining prospects for capital appreciation. The fund seeks to provide the majority of the returns associated with its primary benchmark, the Standard & Poor's 500 Total Return Index (S&P 500 Index), while exposing investors to less risk through lower volatility and still offering incremental income. Under normal circumstances, the fund invests at least 80% of its assets in equity securities. It may also invest in other equity securities not included in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$60.16

Average Daily Volume

2,893,017

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	NFRA	JEPI
30 Days	-0.44%	1.71%
60 Days	-2.07%	2.75%
90 Days	1.20%	5.60%
12 Months	17.31%	13.92%

11 Overlapping Holdings

Symbol	Grade	Weight in NFRA	Weight in JEPI	Overlap
AMT	D	1.41%	0.26%	0.26%
CMCSA	B	2.6%	1.34%	1.34%
CSX	B	1.08%	0.81%	0.81%
D	C	0.72%	0.18%	0.18%
EQIX	A	1.32%	0.91%	0.91%
NEE	D	2.41%	1.35%	1.35%
PCG	A	0.85%	0.41%	0.41%
PEG	A	0.67%	0.73%	0.67%
SBAC	D	0.36%	0.75%	0.36%
SO	D	1.47%	1.52%	1.47%
UNP	C	2.23%	0.21%	0.21%

NFRA Overweight 53 Positions Relative to JEPI

Symbol	Grade	Weight
CNI	D	3.39%
VZ	C	2.67%
WCN	A	2.53%
T	A	2.47%
TMUS	B	1.83%
DUK	C	1.33%
WM	A	1.26%
CEG	D	1.09%
WMB	A	1.05%
HCA	F	1.02%
OKE	A	0.98%
NSC	B	0.93%
SRE	A	0.9%
DLR	B	0.86%
KMI	A	0.82%
AEP	D	0.77%
CCI	D	0.69%
RSG	A	0.66%
TRGP	B	0.65%
CHTR	C	0.6%
EXC	C	0.6%
XEL	A	0.59%
ED	D	0.52%
EIX	B	0.5%
WEC	A	0.47%
AWK	D	0.4%
VLTO	D	0.39%
THC	D	0.25%
CLH	B	0.19%
UHS	D	0.17%
LBRDK	C	0.17%
EHC	B	0.16%
DTM	B	0.15%
WTRG	B	0.15%
FYBR	D	0.13%
CWST	A	0.1%
AM	A	0.09%
SIRI	C	0.09%
SEM	B	0.07%
GEO	B	0.06%
ACHC	F	0.06%
CWT	D	0.05%
AWR	B	0.05%
HESM	B	0.05%
IRDM	D	0.05%
CCOI	B	0.05%
CXW	B	0.04%
PCT	C	0.03%
SJW	D	0.03%
UNIT	B	0.02%
MSEX	B	0.02%
NFE	D	0.01%
FSLY	D	0.01%

NFRA Underweight 106 Positions Relative to JEPI

Symbol	Grade	Weight
TT	A	-1.73%
PGR	A	-1.68%
NOW	A	-1.63%
NVDA	C	-1.61%
AMZN	C	-1.61%
MA	C	-1.59%
META	D	-1.5%
V	A	-1.49%
HON	B	-1.42%
MSFT	F	-1.41%
GOOGL	C	-1.38%
LOW	D	-1.36%
UNH	C	-1.32%
SYK	C	-1.29%
ABBV	D	-1.28%
PEP	F	-1.26%
NXPI	D	-1.21%
TMO	F	-1.21%
CME	A	-1.18%
VRTX	F	-1.17%
YUM	B	-1.17%
TXN	C	-1.16%
ADI	D	-1.16%
ETN	A	-1.16%
MDLZ	F	-1.14%
PG	A	-1.13%
COST	B	-1.13%
KO	D	-1.04%
TRV	B	-1.03%
BMY	B	-1.02%
LIN	D	-1.01%
ROST	C	-0.99%
XOM	B	-0.95%
REGN	F	-0.93%
CRM	B	-0.93%
OTIS	C	-0.93%
INTU	C	-0.91%
EOG	A	-0.9%
COP	C	-0.89%
UPS	C	-0.86%
ACN	C	-0.84%
CTSH	B	-0.83%
FI	A	-0.83%
AXP	A	-0.81%
EMR	A	-0.8%
AZO	C	-0.8%
CMG	B	-0.8%
BKNG	A	-0.8%
MNST	C	-0.77%
LLY	F	-0.75%
CPAY	A	-0.75%
CHD	B	-0.72%
BRK.A	B	-0.71%
AAPL	C	-0.67%
WMT	A	-0.65%
ABT	B	-0.63%
DE	A	-0.62%
MCD	D	-0.61%
MDT	D	-0.6%
CMS	C	-0.57%
RTX	C	-0.57%
AMP	A	-0.54%
PLD	D	-0.48%
MRVL	B	-0.46%
BSX	B	-0.46%
ASML	F	-0.45%
CB	C	-0.42%
TDG	D	-0.41%
TXT	D	-0.41%
JNJ	D	-0.4%
PM	B	-0.39%
JKHY	D	-0.39%
FDX	B	-0.38%
IR	B	-0.37%
ELV	F	-0.36%
CARR	D	-0.36%
BURL	A	-0.36%
CDNS	B	-0.36%
STX	D	-0.35%
BAC	A	-0.34%
MSI	B	-0.32%
DOW	F	-0.32%
MET	A	-0.32%
URI	B	-0.32%
DHR	F	-0.31%
MU	D	-0.3%
PPG	F	-0.29%
LDOS	C	-0.28%
MRK	F	-0.28%
AON	A	-0.26%
USB	A	-0.26%
HWM	A	-0.23%
KVUE	A	-0.22%
MO	A	-0.21%
AJG	B	-0.21%
LYB	F	-0.18%
KEYS	A	-0.18%
WELL	A	-0.17%
AME	A	-0.17%
MMC	B	-0.17%
GWW	B	-0.14%
NOC	D	-0.13%
DOV	A	-0.12%
ETR	B	-0.1%
DTE	C	-0.1%
ELS	C	-0.04%