NULC vs. SKOR ETF Comparison

Comparison of Nuveen ESG Large-Cap ETF (NULC) to FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR)

NULC

Nuveen ESG Large-Cap ETF

NULC Description

The investment seeks to track the investment results, before fees and expenses, of the ICE BofAML Enhanced Yield 1-5 Year US Broad Bond Index (the "index"). Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in component securities of the index. The index is designed to broadly capture the 1-5 year U.S. investment grade fixed income market, as represented by a modified version of the ICE BofAML 1-5 Year US Broad Market Index.

Grade (RS Rating)

Last Trade

$48.23

Average Daily Volume

1,184

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

SKOR

FlexShares Credit-Scored US Corporate Bond Index Fund

SKOR Description

The investment seeks the price and yield performance, before fees and expenses, of the Northern Trust Credit-Scored US Corporate Bond IndexSM. The fund generally will invest at least 80% of its total assets in the securities of its underlying index. The index reflects the performance of a portfolio of US-dollar denominated bonds of companies that are considered by the index Provider to have higher credit quality, lower risk of default and the potential for higher yield, price appreciation and liquidity relative to the universe of securities comprising the Northern Trust US Investment-Grade Corporate Bond IndexSM. The fund is non-diversified

Grade (RS Rating)

Last Trade

$48.00

Average Daily Volume

46,485

Number of Holdings ^*

305

* may have additional holdings in another (foreign) market

Performance

Period	NULC	SKOR
30 Days	2.41%	-0.47%
60 Days	5.18%	-1.65%
90 Days	6.70%	-0.49%
12 Months	29.93%	7.15%

64 Overlapping Holdings

Symbol	Grade	Weight in NULC	Weight in SKOR	Overlap
A	D	0.19%	0.07%	0.07%
ADBE	C	0.47%	0.09%	0.09%
ADP	A	0.97%	0.07%	0.07%
AMGN	F	0.98%	0.11%	0.11%
AMT	C	0.96%	0.13%	0.13%
AWK	C	0.41%	0.07%	0.07%
AZO	C	0.04%	0.05%	0.04%
BG	D	0.01%	0.08%	0.01%
C	A	0.94%	0.08%	0.08%
CARR	C	1.16%	0.09%	0.09%
CBOE	C	0.4%	0.08%	0.08%
CI	D	0.08%	0.14%	0.08%
CMCSA	B	0.75%	0.14%	0.14%
DHR	F	1.33%	0.09%	0.09%
DINO	D	0.13%	0.08%	0.08%
DIS	B	1.45%	0.09%	0.09%
DOV	A	0.01%	0.07%	0.01%
EA	A	0.35%	0.04%	0.04%
EBAY	D	0.45%	0.08%	0.08%
ECL	D	1.21%	0.06%	0.06%
ED	C	0.64%	0.11%	0.11%
EQIX	A	0.4%	0.0%	0.0%
EW	C	0.72%	0.08%	0.08%
FTV	C	0.42%	0.04%	0.04%
GILD	C	0.72%	0.13%	0.13%
GOOGL	C	3.13%	0.03%	0.03%
GS	A	0.23%	0.1%	0.1%
HCA	F	1.21%	0.03%	0.03%
HD	B	0.2%	0.0%	0.0%
HPQ	B	0.69%	0.07%	0.07%
IBM	C	1.62%	0.09%	0.09%
INTC	C	1.05%	0.12%	0.12%
KEYS	A	0.53%	0.08%	0.08%
KO	D	1.55%	0.08%	0.08%
LOW	C	0.79%	0.04%	0.04%
MA	B	2.14%	0.04%	0.04%
MCD	D	1.2%	0.04%	0.04%
MCK	A	1.46%	0.09%	0.09%
MCO	B	0.3%	0.07%	0.07%
MMC	B	1.38%	0.01%	0.01%
MMM	D	0.57%	0.08%	0.08%
MS	A	1.53%	0.04%	0.04%
MSFT	D	6.83%	0.04%	0.04%
NTAP	C	0.47%	0.07%	0.07%
NXPI	D	0.09%	0.21%	0.09%
OKE	A	1.2%	0.14%	0.14%
PEP	F	0.75%	0.24%	0.24%
PG	C	1.41%	0.06%	0.06%
PGR	A	1.57%	0.04%	0.04%
PNC	B	1.3%	0.03%	0.03%
SPGI	C	1.48%	0.08%	0.08%
STLD	B	0.41%	0.04%	0.04%
T	A	0.85%	0.12%	0.12%
TFC	A	0.37%	0.06%	0.06%
TRMB	B	0.34%	0.1%	0.1%
TXN	C	0.65%	0.07%	0.07%
UNP	C	0.04%	0.11%	0.04%
UPS	C	1.04%	0.08%	0.08%
USB	A	0.06%	0.07%	0.06%
V	A	2.2%	0.1%	0.1%
VZ	C	0.21%	0.03%	0.03%
WELL	A	0.07%	0.08%	0.07%
WTW	B	0.05%	0.06%	0.05%
ZTS	D	0.55%	0.05%	0.05%

NULC Overweight 57 Positions Relative to SKOR

Symbol	Grade	Weight
NVDA	B	8.29%
LLY	F	2.26%
GOOG	C	1.92%
TSLA	B	1.88%
ETN	A	1.72%
FI	A	1.71%
CRM	B	1.6%
MELI	C	1.31%
TJX	A	1.27%
TGT	F	1.02%
AMAT	F	0.99%
CMG	B	0.97%
MRVL	B	0.95%
LNG	A	0.93%
SNPS	B	0.9%
BKR	A	0.83%
AXON	A	0.81%
AMD	F	0.76%
EXC	C	0.73%
VEEV	C	0.69%
CDNS	B	0.57%
HPE	B	0.54%
TEAM	A	0.51%
URI	C	0.49%
TRV	B	0.48%
ADM	D	0.48%
WST	C	0.45%
IRM	C	0.44%
KR	B	0.44%
BKNG	A	0.43%
LYB	F	0.41%
WDC	D	0.4%
STX	C	0.38%
TRU	D	0.38%
HOLX	D	0.36%
J	D	0.35%
FSLR	F	0.35%
BALL	F	0.33%
HOOD	B	0.33%
VRTX	D	0.32%
DECK	A	0.31%
JNPR	D	0.24%
FDX	B	0.22%
SOLV	D	0.2%
NEM	D	0.18%
PANW	B	0.18%
EME	A	0.18%
MKTX	D	0.17%
MOS	F	0.16%
LPLA	A	0.13%
CAH	B	0.13%
ACGL	C	0.12%
AKAM	D	0.07%
IT	C	0.07%
IDXX	F	0.05%
DXCM	C	0.03%
FBIN	D	0.02%

NULC Underweight 241 Positions Relative to SKOR

Symbol	Grade	Weight
LEN	D	-0.32%
KMI	A	-0.28%
FOXA	A	-0.25%
AEE	A	-0.25%
LMT	D	-0.23%
SPG	A	-0.22%
CHTR	C	-0.2%
GM	C	-0.2%
PHM	D	-0.2%
VRSN	C	-0.19%
NI	A	-0.19%
MAS	D	-0.19%
TPR	B	-0.19%
PAA	B	-0.19%
APD	A	-0.19%
TMO	F	-0.19%
NOC	D	-0.19%
CHD	A	-0.18%
ELV	F	-0.18%
CCI	C	-0.18%
JNJ	C	-0.18%
TD	D	-0.17%
DOW	F	-0.17%
GPN	B	-0.17%
WEC	A	-0.17%
ATO	A	-0.17%
PM	B	-0.17%
DG	F	-0.16%
LII	A	-0.16%
CVS	D	-0.16%
ARW	D	-0.15%
ALL	A	-0.15%
ADI	D	-0.15%
RPRX	D	-0.14%
XEL	A	-0.14%
TDY	B	-0.14%
ALLY	C	-0.14%
GD	D	-0.14%
TMUS	B	-0.14%
WU	F	-0.13%
BWA	D	-0.13%
WM	B	-0.13%
JBHT	C	-0.12%
BRX	A	-0.12%
O	C	-0.12%
AMCR	C	-0.12%
CME	B	-0.12%
HUM	C	-0.12%
APH	A	-0.11%
CM	A	-0.11%
SWK	D	-0.11%
BHP	F	-0.11%
K	A	-0.11%
MKL	A	-0.11%
NVT	B	-0.11%
AMZN	C	-0.11%
ATHS	D	-0.11%
ARCC	A	-0.11%
BMO	A	-0.11%
DFS	B	-0.11%
LH	B	-0.11%
ORCL	A	-0.11%
VRSK	A	-0.1%
DLR	B	-0.1%
BMY	B	-0.1%
BIDU	F	-0.1%
WY	F	-0.1%
CNP	A	-0.1%
LNT	A	-0.1%
BKU	A	-0.1%
CB	C	-0.1%
INTU	B	-0.1%
MO	A	-0.1%
COST	A	-0.1%
SO	C	-0.1%
LHX	C	-0.1%
VNT	C	-0.09%
THG	A	-0.09%
SBUX	A	-0.09%
MET	A	-0.09%
FHN	A	-0.09%
DTE	C	-0.09%
BXP	C	-0.09%
CMA	B	-0.09%
AGR	A	-0.09%
CL	D	-0.09%
HST	C	-0.09%
FLO	D	-0.09%
LAZ	B	-0.09%
MLM	C	-0.09%
BNS	A	-0.09%
AON	A	-0.09%
FITB	B	-0.09%
AAPL	C	-0.09%
KMB	C	-0.08%
BR	A	-0.08%
AFG	A	-0.08%
PSA	C	-0.08%
ADSK	A	-0.08%
AWH	F	-0.08%
QCOM	F	-0.08%
FAF	A	-0.08%
LEA	F	-0.08%
HBAN	A	-0.08%
BDX	F	-0.08%
CSL	C	-0.08%
CMS	C	-0.08%
KLAC	F	-0.08%
HP	C	-0.08%
ORI	A	-0.08%
H	B	-0.08%
DSS	F	-0.08%
AMH	C	-0.08%
VLO	C	-0.08%
KDP	F	-0.08%
NDAQ	A	-0.08%
WHR	B	-0.08%
ROP	B	-0.08%
BRO	B	-0.08%
TT	A	-0.08%
GIS	D	-0.08%
NFG	A	-0.08%
ORLY	B	-0.08%
JEF	A	-0.08%
BLK	B	-0.08%
KEY	B	-0.08%
MU	D	-0.08%
DUK	C	-0.08%
GLPI	C	-0.08%
SYF	B	-0.08%
D	C	-0.08%
ABBV	F	-0.08%
EMR	B	-0.07%
AVT	C	-0.07%
KMPR	A	-0.07%
PLD	F	-0.07%
DHI	F	-0.07%
PCG	A	-0.07%
PPG	F	-0.07%
DGX	A	-0.07%
CPT	B	-0.07%
SBRA	C	-0.07%
WB	D	-0.07%
ALLE	C	-0.07%
BAX	F	-0.07%
CE	F	-0.07%
ITW	B	-0.07%
BKH	A	-0.07%
ESS	B	-0.07%
GSBD	F	-0.07%
PKG	A	-0.07%
FMC	D	-0.07%
NSC	B	-0.07%
TEL	B	-0.07%
MKC	C	-0.07%
AMP	A	-0.07%
CUBE	C	-0.07%
HUBB	B	-0.07%
OTIS	C	-0.07%
CFG	B	-0.07%
STT	B	-0.07%
SRE	A	-0.07%
MDLZ	F	-0.07%
PEG	A	-0.07%
AXP	A	-0.07%
EPD	A	-0.07%
BABA	D	-0.07%
HSBC	A	-0.07%
WFC	A	-0.07%
ROK	C	-0.06%
SKT	A	-0.06%
REG	A	-0.06%
CPB	D	-0.06%
WAB	B	-0.06%
SCS	C	-0.06%
GL	C	-0.06%
BA	F	-0.06%
WPC	C	-0.06%
AL	B	-0.06%
NNN	C	-0.06%
SITC	D	-0.05%
DT	D	-0.05%
EFX	F	-0.05%
RY	A	-0.05%
BK	A	-0.05%
AER	A	-0.05%
DLTR	F	-0.05%
PDM	D	-0.04%
KIM	A	-0.04%
HPP	F	-0.04%
VOYA	B	-0.04%
KRG	B	-0.04%
RNR	C	-0.04%
AIZ	A	-0.04%
SJM	D	-0.04%
RPM	A	-0.04%
ARE	F	-0.04%
CMI	A	-0.04%
HII	F	-0.04%
AXS	A	-0.04%
HIW	C	-0.04%
AIG	B	-0.04%
CSX	C	-0.04%
AFL	B	-0.04%
HON	C	-0.04%
ES	C	-0.04%
MSI	B	-0.04%
MAR	A	-0.04%
CSCO	B	-0.04%
KRC	B	-0.04%
SCHW	B	-0.04%
SHW	B	-0.04%
RSG	A	-0.04%
DB	D	-0.04%
EIX	B	-0.04%
AVGO	D	-0.04%
NEE	C	-0.04%
FLS	B	-0.03%
SYK	B	-0.03%
FNF	B	-0.03%
PH	A	-0.02%
CTAS	B	-0.02%
AAP	D	-0.02%
BDN	C	-0.02%
MAA	B	-0.02%
EQR	C	-0.02%
PYPL	B	-0.02%
AVB	B	-0.02%
CLX	A	-0.02%
AVY	F	-0.02%
VTR	B	-0.02%
COF	C	-0.02%
AEP	C	-0.02%
MUFG	B	-0.02%
WMT	A	-0.02%
UNH	B	-0.02%
CP	F	-0.01%
JPM	A	-0.01%
OHI	C	-0.0%
PRU	A	-0.0%
BAC	A	-0.0%