RAVI vs. DVY ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to iShares Select Dividend ETF (DVY)

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

$75.64

Average Daily Volume

78,369

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

DVY

iShares Select Dividend ETF

DVY Description

The investment seeks to track the investment results of an index composed of relatively high dividend paying U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Dividend Index (the "underlying index"), which measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.

Grade (RS Rating)

Last Trade

$134.74

Average Daily Volume

379,192

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	DVY
30 Days	0.62%	2.97%
60 Days	1.09%	5.35%
90 Days	1.18%	12.66%
12 Months	5.32%	30.09%

20 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in DVY	Overlap
AEP	C	0.38%	1.32%	0.38%
CFG	D	0.29%	1.8%	0.29%
CMS	B	0.24%	1.1%	0.24%
CNP	C	0.2%	0.73%	0.2%
CVX	F	0.33%	1.01%	0.33%
D	C	0.51%	1.74%	0.51%
DTE	A	0.77%	1.09%	0.77%
ETR	A	0.38%	1.45%	0.38%
FITB	B	0.22%	1.33%	0.22%
GILD	B	0.59%	1.24%	0.59%
KEY	C	0.16%	1.74%	0.16%
LYB	D	0.83%	1.22%	0.83%
MET	B	0.13%	0.88%	0.13%
NEE	B	0.57%	1.35%	0.57%
OGE	B	0.39%	0.87%	0.39%
PPL	A	0.22%	1.19%	0.22%
T	B	0.3%	2.07%	0.3%
TFC	D	0.59%	1.75%	0.59%
VLO	F	1.51%	0.74%	0.74%
VZ	A	0.1%	1.81%	0.1%

RAVI Overweight 81 Positions Relative to DVY

Symbol	Grade	Weight
ED	B	1.05%
OGS	B	1.05%
OTIS	B	0.95%
PYPL	B	0.95%
KDP	B	0.95%
DHR	B	0.86%
GE	C	0.76%
TSN	D	0.7%
WM	D	0.69%
CI	C	0.67%
CM	B	0.62%
GP	D	0.59%
AIG	D	0.57%
SJM	C	0.57%
BAC	D	0.57%
AZO	B	0.52%
NVDA	C	0.52%
BNS	B	0.52%
BDX	D	0.51%
TD	C	0.51%
RY	A	0.51%
SYK	C	0.49%
CCI	C	0.49%
AON	B	0.46%
UNH	C	0.43%
BMY	C	0.43%
AMZN	C	0.42%
SCHW	D	0.42%
CRM	C	0.4%
VFC	B	0.39%
NDAQ	C	0.31%
ARCC	A	0.3%
HSBC	B	0.29%
MLM	D	0.28%
DELL	C	0.28%
CMCSA	C	0.28%
DB	B	0.28%
CP	C	0.27%
WFC	D	0.26%
CAT	B	0.26%
CLX	C	0.26%
LEN	B	0.26%
SO	B	0.26%
ATHS	A	0.26%
GS	B	0.26%
AL	C	0.25%
C	C	0.24%
FIS	C	0.23%
MCHP	D	0.22%
FOXA	B	0.21%
NYC	D	0.21%
SBUX	C	0.18%
LUV	C	0.18%
MKC	C	0.17%
AEE	B	0.17%
BHF	F	0.17%
CVS	D	0.16%
SEB	D	0.16%
UBS	B	0.16%
PSX	F	0.16%
AZN	D	0.15%
NWG	B	0.15%
BA	F	0.15%
ICE	C	0.15%
MUFG	D	0.14%
DHI	C	0.13%
AMT	C	0.13%
CNH	C	0.13%
ABBV	B	0.13%
HPE	C	0.11%
EFX	C	0.1%
GM	C	0.1%
MDLZ	C	0.09%
R	C	0.08%
HRL	F	0.07%
ROP	C	0.07%
DUK	B	0.07%
COF	B	0.06%
MS	B	0.06%
PCAR	D	0.05%
JPM	D	0.03%

RAVI Underweight 78 Positions Relative to DVY

Symbol	Grade	Weight
MO	C	-2.99%
PM	C	-1.93%
IP	C	-1.81%
OKE	C	-1.73%
PFE	D	-1.65%
RF	B	-1.61%
BBY	A	-1.52%
EIX	B	-1.48%
CAG	B	-1.47%
PEG	B	-1.39%
ES	B	-1.39%
HBAN	B	-1.38%
PRU	C	-1.36%
NEM	C	-1.36%
NI	B	-1.35%
USB	C	-1.32%
FE	B	-1.31%
WEC	B	-1.31%
NRG	B	-1.25%
LNT	A	-1.24%
KMB	C	-1.19%
EXC	B	-1.16%
HPQ	C	-1.16%
FNF	B	-1.11%
PNW	C	-1.11%
TROW	C	-1.1%
F	F	-1.08%
GIS	B	-1.06%
IBM	B	-1.04%
XOM	D	-1.01%
SRE	B	-0.99%
IPG	C	-0.99%
XEL	B	-0.98%
LMT	A	-0.98%
KO	B	-0.97%
ORI	B	-0.96%
FHN	D	-0.94%
OMC	B	-0.93%
STX	B	-0.91%
PFG	B	-0.91%
PKG	B	-0.9%
CMA	C	-0.89%
HRB	C	-0.88%
CINF	C	-0.86%
UNM	B	-0.86%
FMC	B	-0.85%
IVZ	B	-0.83%
WSO	C	-0.79%
GRMN	D	-0.74%
SW	B	-0.73%
OMF	D	-0.63%
GPC	D	-0.63%
BEN	F	-0.63%
WHR	C	-0.6%
LAZ	B	-0.59%
UBSI	D	-0.57%
MCD	B	-0.57%
IDA	B	-0.56%
FNB	D	-0.56%
SON	D	-0.56%
MRK	F	-0.55%
JHG	B	-0.54%
UGI	B	-0.54%
NJR	C	-0.51%
WBA	F	-0.47%
VLY	D	-0.44%
WU	C	-0.44%
BKH	B	-0.44%
SWX	C	-0.42%
MSM	D	-0.41%
HUN	C	-0.39%
NWE	A	-0.38%
FHI	B	-0.33%
AVA	B	-0.32%
NWL	C	-0.32%
WEN	C	-0.31%
CC	D	-0.29%
KSS	D	-0.22%