RAVI vs. DFIV ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to Dimensional International Value ETF (DFIV)

RAVI

FlexShares Ready Access Variable Income Fund

RAVI Description

The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve the investment objective by investing at least 65% of its total assets in a non-diversified portfolio of fixed income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed income securities and instruments of issuers in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.44

Average Daily Volume

72,378

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

DFIV

Dimensional International Value ETF

DFIV Description

Dimensional ETF Trust - Dimensional International Value ETF is an exchange traded fund launched and managed by Dimensional Fund Advisors L.P. The fund is co-managed by Dimensional Fund Advisors Ltd. and DFA Australia Limited. The fund invests in public equity markets of global ex-US region. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies. It seeks to benchmark the performance of its portfolio against the MSCI World ex USA Index (net dividends). Dimensional ETF Trust - Dimensional International Value ETF was formed on April 16, 1999 and is domiciled in United States.

Grade (RS Rating)

Last Trade

$36.46

Average Daily Volume

504,918

Number of Holdings ^*

45

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	DFIV
30 Days	0.41%	-0.90%
60 Days	0.65%	-3.88%
90 Days	1.23%	-3.40%
12 Months	5.45%	15.32%

5 Overlapping Holdings

	Symbol	Grade	Weight in RAVI	Weight in DFIV	Overlap
	HSBC	B	0.29%	1.42%	0.29%
	MUFG	B	0.14%	1.26%	0.14%
	MUFG	B	0.14%	0.08%	0.08%
	NWG	C	0.15%	0.3%	0.15%
	TD	F	0.51%	1.32%	0.51%

RAVI Overweight 97 Positions Relative to DFIV

	Symbol	Grade	Weight
	VLO	C	1.51%
	ED	D	1.05%
	OGS	A	1.05%
	OTIS	C	0.95%
	PYPL	B	0.95%
	KDP	D	0.95%
	DHR	F	0.86%
	LYB	F	0.83%
	DTE	C	0.77%
	GE	D	0.76%
	TSN	B	0.7%
	WM	A	0.69%
	CI	F	0.67%
	CM	A	0.62%
	GP	F	0.59%
	GILD	C	0.59%
	TFC	A	0.59%
	AIG	B	0.57%
	SJM	D	0.57%
	NEE	D	0.57%
	BAC	A	0.57%
	AZO	C	0.52%
	NVDA	C	0.52%
	BNS	A	0.52%
	D	C	0.51%
	BDX	F	0.51%
	RY	A	0.51%
	SYK	C	0.49%
	CCI	D	0.49%
	AON	A	0.46%
	UNH	C	0.43%
	BMY	B	0.43%
	AMZN	C	0.42%
	SCHW	B	0.42%
	CRM	B	0.4%
	VFC	C	0.39%
	OGE	B	0.39%
	ETR	B	0.38%
	AEP	D	0.38%
	CVX	A	0.33%
	NDAQ	A	0.31%
	ARCC	A	0.3%
	T	A	0.3%
	CFG	B	0.29%
	MLM	B	0.28%
	DELL	C	0.28%
	CMCSA	B	0.28%
	DB	D	0.28%
	CP	D	0.27%
	WFC	A	0.26%
	CAT	B	0.26%
	CLX	B	0.26%
	LEN	D	0.26%
	SO	D	0.26%
	ATHS	C	0.26%
	GS	A	0.26%
	AL	B	0.25%
	C	A	0.24%
	CMS	C	0.24%
	FIS	C	0.23%
	MCHP	D	0.22%
	FITB	A	0.22%
	PPL	B	0.22%
	FOXA	B	0.21%
	NYC	D	0.21%
	CNP	B	0.2%
	SBUX	A	0.18%
	LUV	C	0.18%
	MKC	D	0.17%
	AEE	A	0.17%
	BHF	B	0.17%
	CVS	D	0.16%
	KEY	B	0.16%
	SEB	F	0.16%
	UBS	C	0.16%
	PSX	C	0.16%
	AZN	D	0.15%
	BA	F	0.15%
	ICE	C	0.15%
	MET	A	0.13%
	DHI	D	0.13%
	AMT	D	0.13%
	CNH	C	0.13%
	ABBV	D	0.13%
	HPE	B	0.11%
	EFX	F	0.1%
	GM	B	0.1%
	VZ	C	0.1%
	MDLZ	F	0.09%
	R	B	0.08%
	HRL	D	0.07%
	ROP	B	0.07%
	DUK	C	0.07%
	COF	B	0.06%
	MS	A	0.06%
	PCAR	B	0.05%
	JPM	A	0.03%

RAVI Underweight 40 Positions Relative to DFIV

	Symbol	Grade	Weight
	NVS	D	-1.4%
	TM	D	-1.31%
	SMFG	B	-0.88%
	BP	D	-0.77%
	LYG	F	-0.69%
	E	F	-0.6%
	STLA	F	-0.57%
	BCS	C	-0.55%
	HMC	F	-0.51%
	NVS	D	-0.48%
	MFG	B	-0.45%
	SAN	F	-0.38%
	PHG	D	-0.34%
	GOLD	D	-0.22%
	SMFG	B	-0.19%
	AGCO	D	-0.19%
	BBVA	F	-0.18%
	HSBH	B	-0.16%
	HMC	F	-0.16%
	BCS	C	-0.15%
	MT	B	-0.15%
	LYG	F	-0.15%
	STM	F	-0.14%
	WFG	D	-0.14%
	NMR	B	-0.13%
	CCEP	C	-0.1%
	NOK	D	-0.09%
	NMR	B	-0.07%
	VOD	F	-0.05%
	TS	B	-0.04%
	GOGL	F	-0.03%
	BTI	B	-0.02%
	E	F	-0.0%
	SNY	F	-0.0%
	TM	D	-0.0%
	SW	A	-0.0%
	BUD	F	-0.0%
	TEF	D	-0.0%
	NVO	D	-0.0%
	GMAB	F	-0.0%

RAVI: Top Represented Industries & Keywords

Industries: Banks - Global Utilities - Regulated Electric Banks - Regional - US Drug Manufacturers - Major Capital Markets Health Care Plans Packaged Foods Telecom Services Auto Manufacturers Business Services Credit Services Farm & Construction Equipment Financial Data & Stock Exchanges Insurance - Life Oil & Gas Refining & Marketing Rental & Leasing Services Residential Construction Semiconductors Specialty Industrial Machinery Specialty Retail

Keywords: S&P 500 Bank Banking Electricity Financial Products Natural Gas Nasdaq 100 Commercial Banking Investment Bank Cash Management Dow Jones Component Investment Banking Asset Management Services Insurance Investment Product Wealth Management Gas Transmission Insurance Products Natural Gas Transmission Primary Dealers

DFIV: Top Represented Industries & Keywords

Industries: Banks - Global Auto Manufacturers Drug Manufacturers - Major Oil & Gas Integrated Telecom Services Banks - Regional - Asia Banks - Regional - Europe Beverages - Brewers Beverages - Soft Drinks Biotechnology Capital Markets Communication Equipment Diagnostics & Research Farm & Construction Equipment Gold Long-Term Care Facilities Lumber & Wood Production Oil & Gas Equipment & Services Packaging & Containers Semiconductors

Keywords: Bank Banking Financial Products Investment Banking Asset Management Commercial Banking Insurance Products Investment Banking Services Investment Product Corporate Banking Investment Bank Advisory Services Cars Cash Management Services Consumer Finance Petroleum Production Project Finance Structured Finance Syndicated Loan Wealth Management Services