RAVI vs. IYK ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to iShares U.S. Consumer Goods ETF (IYK)

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

$75.35

Average Daily Volume

56,272

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

IYK

iShares U.S. Consumer Goods ETF

IYK Description

The investment seeks to track the investment results of an index composed of U.S. equities in the consumer goods sector. 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. Consumer Goods Index (the "underlying index"), which measures the performance of the consumer goods sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$68.05

Average Daily Volume

95,176

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	IYK
30 Days	0.52%	5.47%
60 Days	0.95%	2.17%
90 Days	1.39%	6.09%
12 Months	5.45%	3.26%

9 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in IYK	Overlap
CLX	F	0.26%	0.8%	0.26%
CVS	F	0.16%	3.17%	0.16%
HRL	C	0.07%	0.47%	0.07%
KDP	C	0.95%	1.48%	0.95%
MDLZ	C	0.09%	4.25%	0.09%
MKC	C	0.17%	0.87%	0.17%
SEB	D	0.16%	0.03%	0.03%
SJM	F	0.57%	0.53%	0.53%
TSN	B	0.7%	0.76%	0.7%

RAVI Overweight 93 Positions Relative to IYK

Symbol	Grade	Weight
VLO	D	1.51%
ED	B	1.05%
OGS	C	1.05%
OTIS	C	0.95%
PYPL	D	0.95%
PXD	B	0.89%
DHR	A	0.86%
LYB	D	0.83%
DTE	A	0.77%
GE	C	0.76%
WM	B	0.69%
CI	D	0.67%
CM	B	0.62%
GP	F	0.59%
GILD	F	0.59%
TFC	B	0.59%
AIG	A	0.57%
NEE	B	0.57%
BAC	B	0.57%
AZO	D	0.52%
NVDA	C	0.52%
BNS	C	0.52%
D	A	0.51%
BDX	F	0.51%
TD	F	0.51%
RY	A	0.51%
SYK	D	0.49%
CCI	D	0.49%
AON	F	0.46%
UNH	C	0.43%
BMY	F	0.43%
AMZN	C	0.42%
SCHW	B	0.42%
CRM	D	0.4%
VFC	F	0.39%
OGE	A	0.39%
ETR	B	0.38%
AEP	A	0.38%
CVX	B	0.33%
NDAQ	B	0.31%
ARCC	B	0.3%
T	B	0.3%
HSBC	B	0.29%
CFG	A	0.29%
MLM	D	0.28%
DELL	B	0.28%
CMCSA	F	0.28%
DB	B	0.28%
CP	D	0.27%
WFC	C	0.26%
CAT	C	0.26%
LEN	B	0.26%
SO	A	0.26%
ATHS	C	0.26%
GS	A	0.26%
AL	C	0.25%
C	B	0.24%
CMS	A	0.24%
FIS	A	0.23%
MCHP	B	0.22%
FITB	B	0.22%
PPL	A	0.22%
FOXA	C	0.21%
NYC	C	0.21%
CNP	B	0.2%
SBUX	F	0.18%
LUV	F	0.18%
AEE	C	0.17%
BHF	F	0.17%
KEY	B	0.16%
UBS	B	0.16%
PSX	D	0.16%
AZN	B	0.15%
NWG	B	0.15%
BA	D	0.15%
ICE	B	0.15%
MUFG	D	0.14%
MET	A	0.13%
DHI	D	0.13%
AMT	C	0.13%
CNHI	F	0.13%
ABBV	D	0.13%
HPE	C	0.11%
EFX	D	0.1%
GM	B	0.1%
VZ	C	0.1%
R	B	0.08%
ROP	C	0.07%
DUK	A	0.07%
COF	C	0.06%
MS	B	0.06%
PCAR	D	0.05%
JPM	A	0.03%

RAVI Underweight 44 Positions Relative to IYK

Symbol	Grade	Weight
PG	A	-17.35%
PEP	B	-10.92%
KO	B	-10.9%
PM	B	-6.91%
MO	A	-3.6%
CL	B	-3.48%
MCK	A	-3.34%
KMB	C	-2.11%
STZ	D	-1.92%
MNST	F	-1.88%
CTVA	C	-1.87%
GIS	C	-1.82%
COR	D	-1.72%
SYY	D	-1.71%
KR	D	-1.64%
KVUE	C	-1.63%
ADM	D	-1.52%
HSY	C	-1.37%
KHC	D	-1.31%
CHD	B	-1.2%
K	C	-0.73%
BG	C	-0.7%
CAG	C	-0.67%
CASY	B	-0.57%
USFD	B	-0.57%
LW	F	-0.56%
WBA	F	-0.56%
CELH	C	-0.54%
PFGC	C	-0.5%
TAP	F	-0.47%
CPB	C	-0.4%
ACI	D	-0.39%
INGR	B	-0.36%
DAR	D	-0.33%
POST	B	-0.25%
FRPT	B	-0.24%
FLO	C	-0.22%
SPB	C	-0.13%
SAM	F	-0.12%
GO	F	-0.09%
KLG	C	-0.07%
PPC	C	-0.07%
REYN	B	-0.07%
OLPX	D	-0.01%