RAVI vs. USCA ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to Xtrackers MSCI USA Climate Action Equity ETF (USCA)

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

USCA

Xtrackers MSCI USA Climate Action Equity ETF

USCA Description

The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index, which is comprised of large and mid-capitalization companies in the United States that the underlying index"s methodology assesses as leading their sector peers in taking action relating to a climate transition. The fund will invest at least 80% of its total assets in component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.72

Average Daily Volume

99,900

Number of Holdings ^*

293

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	USCA
30 Days	0.41%	3.84%
60 Days	0.65%	5.61%
90 Days	1.23%	7.33%
12 Months	5.45%	34.59%

47 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in USCA	Overlap
ABBV	D	0.13%	0.81%	0.13%
AEP	D	0.38%	0.13%	0.13%
AIG	B	0.57%	0.14%	0.14%
AMT	D	0.13%	0.24%	0.13%
AMZN	C	0.42%	5.12%	0.42%
AON	A	0.46%	0.2%	0.2%
BAC	A	0.57%	0.88%	0.57%
BMY	B	0.43%	0.32%	0.32%
CAT	B	0.26%	0.51%	0.26%
CCI	D	0.49%	0.12%	0.12%
CLX	B	0.26%	0.06%	0.06%
CMCSA	B	0.28%	0.46%	0.28%
CRM	B	0.4%	0.86%	0.4%
CVS	D	0.16%	0.19%	0.16%
CVX	A	0.33%	0.76%	0.33%
D	C	0.51%	0.13%	0.13%
DELL	C	0.28%	0.1%	0.1%
DHR	F	0.86%	0.44%	0.44%
DUK	C	0.07%	0.23%	0.07%
ED	D	1.05%	0.09%	0.09%
EFX	F	0.1%	0.09%	0.09%
FIS	C	0.23%	0.14%	0.14%
GILD	C	0.59%	0.31%	0.31%
GM	B	0.1%	0.18%	0.1%
GS	A	0.26%	0.51%	0.26%
HPE	B	0.11%	0.07%	0.07%
ICE	C	0.15%	0.24%	0.15%
JPM	A	0.03%	1.87%	0.03%
KDP	D	0.95%	0.1%	0.1%
MDLZ	F	0.09%	0.24%	0.09%
MKC	D	0.17%	0.05%	0.05%
MLM	B	0.28%	0.1%	0.1%
MS	A	0.06%	0.44%	0.06%
NDAQ	A	0.31%	0.09%	0.09%
NEE	D	0.57%	0.41%	0.41%
NVDA	C	0.52%	6.73%	0.52%
PCAR	B	0.05%	0.16%	0.05%
PYPL	B	0.95%	0.23%	0.23%
ROP	B	0.07%	0.16%	0.07%
SBUX	A	0.18%	0.3%	0.18%
SCHW	B	0.42%	0.32%	0.32%
SO	D	0.26%	0.26%	0.26%
T	A	0.3%	0.43%	0.3%
UNH	C	0.43%	1.47%	0.43%
VZ	C	0.1%	0.46%	0.1%
WFC	A	0.26%	0.69%	0.26%
WM	A	0.69%	0.24%	0.24%

RAVI Overweight 54 Positions Relative to USCA

Symbol	Grade	Weight
VLO	C	1.51%
OGS	A	1.05%
OTIS	C	0.95%
LYB	F	0.83%
DTE	C	0.77%
GE	D	0.76%
TSN	B	0.7%
CI	F	0.67%
CM	A	0.62%
GP	F	0.59%
TFC	A	0.59%
SJM	D	0.57%
AZO	C	0.52%
BNS	A	0.52%
BDX	F	0.51%
TD	F	0.51%
RY	A	0.51%
SYK	C	0.49%
VFC	C	0.39%
OGE	B	0.39%
ETR	B	0.38%
ARCC	A	0.3%
HSBC	B	0.29%
CFG	B	0.29%
DB	D	0.28%
CP	D	0.27%
LEN	D	0.26%
ATHS	C	0.26%
AL	B	0.25%
C	A	0.24%
CMS	C	0.24%
MCHP	D	0.22%
FITB	A	0.22%
PPL	B	0.22%
FOXA	B	0.21%
NYC	D	0.21%
CNP	B	0.2%
LUV	C	0.18%
AEE	A	0.17%
BHF	B	0.17%
KEY	B	0.16%
SEB	F	0.16%
UBS	C	0.16%
PSX	C	0.16%
AZN	D	0.15%
NWG	C	0.15%
BA	F	0.15%
MUFG	B	0.14%
MET	A	0.13%
DHI	D	0.13%
CNH	C	0.13%
R	B	0.08%
HRL	D	0.07%
COF	B	0.06%

RAVI Underweight 246 Positions Relative to USCA

Symbol	Grade	Weight
AAPL	C	-5.22%
MSFT	F	-4.41%
META	D	-3.41%
TSLA	B	-2.41%
GOOGL	C	-2.33%
AVGO	D	-2.03%
GOOG	C	-2.02%
LLY	F	-1.71%
XOM	B	-1.46%
V	A	-1.31%
MA	C	-1.16%
HD	A	-1.08%
PG	A	-1.06%
WMT	A	-1.01%
JNJ	D	-0.98%
NFLX	A	-0.97%
ORCL	B	-0.83%
KO	D	-0.69%
MRK	F	-0.67%
ADBE	C	-0.64%
CSCO	B	-0.63%
PEP	F	-0.61%
ACN	C	-0.61%
AMD	F	-0.6%
LIN	D	-0.59%
MCD	D	-0.58%
NOW	A	-0.57%
TMO	F	-0.55%
ABT	B	-0.54%
DIS	B	-0.54%
INTU	C	-0.53%
IBM	C	-0.51%
TXN	C	-0.5%
QCOM	F	-0.49%
BKNG	A	-0.47%
AXP	A	-0.45%
SPGI	C	-0.44%
AMGN	D	-0.43%
BLK	C	-0.42%
PGR	A	-0.41%
PFE	D	-0.4%
UNP	C	-0.39%
ETN	A	-0.39%
COP	C	-0.36%
UBER	D	-0.36%
BSX	B	-0.35%
BX	A	-0.35%
VRTX	F	-0.34%
PANW	C	-0.34%
TMUS	B	-0.34%
ADP	B	-0.33%
FI	A	-0.33%
PLTR	B	-0.32%
CB	C	-0.3%
PLD	D	-0.29%
INTC	D	-0.29%
ADI	D	-0.29%
MMC	B	-0.29%
DE	A	-0.28%
SHW	A	-0.26%
UPS	C	-0.26%
NKE	D	-0.25%
TT	A	-0.25%
SNPS	B	-0.23%
MELI	D	-0.23%
CDNS	B	-0.23%
EQIX	A	-0.23%
CME	A	-0.22%
ITW	B	-0.22%
WELL	A	-0.22%
MCK	B	-0.22%
REGN	F	-0.22%
CMG	B	-0.22%
USB	A	-0.21%
EOG	A	-0.21%
CTAS	B	-0.21%
MCO	B	-0.21%
CRWD	B	-0.21%
ZTS	D	-0.21%
MMM	D	-0.2%
EMR	A	-0.2%
MAR	B	-0.19%
CSX	B	-0.19%
FDX	B	-0.19%
CEG	D	-0.19%
TGT	F	-0.19%
CL	D	-0.19%
ADSK	A	-0.18%
FCX	D	-0.17%
SLB	C	-0.17%
HLT	A	-0.17%
OKE	A	-0.17%
ECL	D	-0.17%
AJG	B	-0.17%
APO	B	-0.17%
SRE	A	-0.16%
BK	A	-0.16%
JCI	C	-0.16%
SPG	B	-0.16%
TRV	B	-0.16%
ABNB	C	-0.16%
NSC	B	-0.16%
FTNT	C	-0.16%
KMI	A	-0.15%
DLR	B	-0.15%
WDAY	B	-0.15%
PWR	A	-0.13%
PAYX	C	-0.13%
O	D	-0.13%
NEM	D	-0.13%
WCN	A	-0.13%
CMI	A	-0.13%
CPRT	A	-0.13%
F	C	-0.12%
MNST	C	-0.12%
DFS	B	-0.12%
PEG	A	-0.12%
ODFL	B	-0.12%
BKR	B	-0.12%
KMB	D	-0.12%
RSG	A	-0.12%
AME	A	-0.12%
SQ	B	-0.12%
STZ	D	-0.11%
EW	C	-0.11%
TEAM	A	-0.11%
CTVA	C	-0.11%
CBRE	B	-0.11%
CTSH	B	-0.11%
VRSK	A	-0.11%
HES	B	-0.11%
IT	C	-0.11%
IDXX	F	-0.1%
HUBS	A	-0.1%
HIG	B	-0.1%
GIS	D	-0.1%
CHTR	C	-0.1%
ACGL	D	-0.1%
IQV	D	-0.1%
LULU	C	-0.1%
EXC	C	-0.1%
XEL	A	-0.1%
YUM	B	-0.1%
A	D	-0.1%
SNOW	C	-0.1%
AVB	B	-0.09%
EBAY	D	-0.09%
VICI	C	-0.09%
GRMN	B	-0.09%
ROK	B	-0.09%
OXY	D	-0.09%
HUM	C	-0.09%
DD	D	-0.09%
WAB	B	-0.09%
NUE	C	-0.09%
FANG	D	-0.09%
STT	A	-0.08%
DOV	A	-0.08%
XYL	D	-0.08%
PPG	F	-0.08%
GPN	B	-0.08%
ANSS	B	-0.08%
WTW	B	-0.08%
BIIB	F	-0.07%
EQR	B	-0.07%
WST	C	-0.07%
AWK	D	-0.07%
MTD	D	-0.07%
BR	A	-0.07%
CHD	B	-0.07%
FTV	C	-0.07%
DECK	A	-0.07%
TROW	B	-0.07%
NET	B	-0.07%
HSY	F	-0.07%
CBOE	B	-0.06%
NTRS	A	-0.06%
BAH	F	-0.06%
STLD	B	-0.06%
ES	D	-0.06%
ATO	A	-0.06%
WY	D	-0.06%
ZBH	C	-0.06%
WAT	B	-0.06%
PTC	A	-0.06%
K	A	-0.06%
ILMN	D	-0.06%
CSL	C	-0.06%
HUBB	B	-0.06%
TWLO	A	-0.05%
RPM	A	-0.05%
GEN	B	-0.05%
TRMB	B	-0.05%
MANH	D	-0.05%
PINS	D	-0.05%
EXPD	D	-0.05%
IEX	B	-0.05%
PNR	A	-0.05%
ULTA	F	-0.05%
MRO	B	-0.05%
WRB	A	-0.05%
ARE	D	-0.05%
LVS	C	-0.05%
ZS	C	-0.05%
FDS	B	-0.05%
TRU	D	-0.05%
BALL	D	-0.05%
LH	C	-0.05%
FSLR	F	-0.05%
LII	A	-0.05%
AKAM	D	-0.04%
RVTY	F	-0.04%
INCY	C	-0.04%
ACM	A	-0.04%
TW	A	-0.04%
EL	F	-0.04%
LNT	A	-0.04%
DOC	D	-0.04%
JBHT	C	-0.04%
GGG	B	-0.04%
WSM	B	-0.04%
KIM	A	-0.04%
AVY	D	-0.04%
OC	A	-0.04%
WYNN	D	-0.03%
WTRG	B	-0.03%
CRL	C	-0.03%
CTLT	B	-0.03%
CCK	C	-0.03%
SNAP	C	-0.03%
TAP	C	-0.03%
PAYC	B	-0.03%
BXP	D	-0.03%
DAY	B	-0.03%
CG	A	-0.03%
ALB	C	-0.03%
OKTA	C	-0.03%
JKHY	D	-0.03%
REG	B	-0.03%
H	B	-0.02%
BSY	D	-0.02%
MTCH	D	-0.02%
DVA	B	-0.02%
TFX	F	-0.02%
CPB	D	-0.02%
MGM	D	-0.02%