RAVI vs. VCIT ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

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

79,073

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

VCIT

Vanguard Intermediate-Term Corporate Bond ETF

VCIT Description

The investment seeks to track the performance of a market-weighted corporate bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 5 and 10 years. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$83.80

Average Daily Volume

6,282,337

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	VCIT
30 Days	0.55%	1.59%
60 Days	1.07%	2.95%
90 Days	1.63%	5.94%
12 Months	5.33%	15.06%

91 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in VCIT	Overlap
ABBV	B	0.13%	0.13%	0.13%
AEE	A	0.17%	0.01%	0.01%
AEP	B	0.38%	0.01%	0.01%
AIG	D	0.57%	0.02%	0.02%
AL	C	0.25%	0.01%	0.01%
AMT	C	0.13%	0.03%	0.03%
AMZN	C	0.42%	0.09%	0.09%
AON	C	0.46%	0.01%	0.01%
ARCC	A	0.3%	0.05%	0.05%
AZN	D	0.15%	0.05%	0.05%
AZO	D	0.52%	0.03%	0.03%
BA	F	0.15%	0.03%	0.03%
BAC	C	0.57%	0.01%	0.01%
BDX	C	0.51%	0.03%	0.03%
BHF	D	0.17%	0.05%	0.05%
BMY	C	0.43%	0.03%	0.03%
BNS	B	0.52%	0.03%	0.03%
C	C	0.24%	0.02%	0.02%
CAT	B	0.26%	0.02%	0.02%
CCI	B	0.49%	0.03%	0.03%
CFG	D	0.29%	0.03%	0.03%
CI	D	0.67%	0.02%	0.02%
CLX	C	0.26%	0.01%	0.01%
CMCSA	C	0.28%	0.02%	0.02%
CMS	A	0.24%	0.02%	0.02%
CNH	C	0.13%	0.04%	0.04%
CNP	C	0.2%	0.02%	0.02%
COF	B	0.06%	0.03%	0.03%
CP	C	0.27%	0.02%	0.02%
CRM	C	0.4%	0.07%	0.07%
CVS	D	0.16%	0.02%	0.02%
CVX	D	0.33%	0.01%	0.01%
D	B	0.51%	0.01%	0.01%
DB	A	0.28%	0.07%	0.07%
DELL	D	0.28%	0.04%	0.04%
DHI	C	0.13%	0.02%	0.02%
DHR	B	0.86%	0.04%	0.04%
DTE	A	0.77%	0.01%	0.01%
DUK	C	0.07%	0.01%	0.01%
ED	B	1.05%	0.01%	0.01%
EFX	C	0.1%	0.03%	0.03%
ETR	A	0.38%	0.01%	0.01%
FIS	C	0.23%	0.03%	0.03%
FITB	B	0.22%	0.03%	0.03%
FOXA	A	0.21%	0.03%	0.03%
GE	B	0.76%	0.04%	0.04%
GILD	B	0.59%	0.01%	0.01%
GM	D	0.1%	0.02%	0.02%
GP	D	0.59%	0.01%	0.01%
GS	B	0.26%	0.05%	0.05%
HRL	F	0.07%	0.01%	0.01%
HSBC	B	0.29%	0.01%	0.01%
ICE	B	0.15%	0.03%	0.03%
JPM	D	0.03%	0.01%	0.01%
KDP	B	0.95%	0.03%	0.03%
KEY	B	0.16%	0.02%	0.02%
LEN	B	0.26%	0.01%	0.01%
LUV	C	0.18%	0.01%	0.01%
LYB	D	0.83%	0.03%	0.03%
MDLZ	C	0.09%	0.02%	0.02%
MET	A	0.13%	0.07%	0.07%
MKC	C	0.17%	0.01%	0.01%
MLM	D	0.28%	0.01%	0.01%
MS	B	0.06%	0.01%	0.01%
MUFG	D	0.14%	0.03%	0.03%
NDAQ	C	0.31%	0.03%	0.03%
NEE	B	0.57%	0.01%	0.01%
NVDA	C	0.52%	0.06%	0.06%
NWG	B	0.15%	0.05%	0.05%
OGE	B	0.39%	0.01%	0.01%
OGS	A	1.05%	0.01%	0.01%
OTIS	B	0.95%	0.04%	0.04%
PSX	F	0.16%	0.04%	0.04%
PYPL	B	0.95%	0.05%	0.05%
R	C	0.08%	0.02%	0.02%
ROP	C	0.07%	0.03%	0.03%
SBUX	C	0.18%	0.02%	0.02%
SCHW	D	0.42%	0.01%	0.01%
SJM	C	0.57%	0.03%	0.03%
SO	A	0.26%	0.02%	0.02%
SYK	C	0.49%	0.02%	0.02%
T	B	0.3%	0.05%	0.05%
TD	C	0.51%	0.05%	0.05%
TFC	D	0.59%	0.02%	0.02%
TSN	D	0.7%	0.06%	0.06%
UNH	B	0.43%	0.01%	0.01%
VFC	B	0.39%	0.03%	0.03%
VLO	F	1.51%	0.03%	0.03%
VZ	B	0.1%	0.04%	0.04%
WFC	D	0.26%	0.01%	0.01%
WM	D	0.69%	0.01%	0.01%

RAVI Overweight 10 Positions Relative to VCIT

Symbol	Grade	Weight
CM	B	0.62%
RY	A	0.51%
ATHS	B	0.26%
MCHP	D	0.22%
PPL	A	0.22%
NYC	C	0.21%
SEB	D	0.16%
UBS	B	0.16%
HPE	C	0.11%
PCAR	D	0.05%

RAVI Underweight 397 Positions Relative to VCIT

Symbol	Grade	Weight
DT	C	-0.28%
MSFT	C	-0.23%
WIT	C	-0.15%
AXP	A	-0.11%
DD	B	-0.1%
TMUS	B	-0.09%
BIIB	F	-0.07%
RJF	C	-0.07%
NOW	C	-0.07%
DLTR	F	-0.07%
COST	C	-0.07%
BABA	C	-0.07%
HAL	F	-0.06%
VRSK	D	-0.06%
REGN	D	-0.06%
KOF	D	-0.06%
CHTR	D	-0.06%
MRK	F	-0.06%
ADM	D	-0.05%
BMO	C	-0.05%
ZBH	F	-0.05%
PWR	B	-0.05%
STE	B	-0.05%
QRVO	F	-0.05%
SLB	F	-0.05%
LDOS	A	-0.05%
IEX	C	-0.05%
EOG	D	-0.05%
CTAS	B	-0.05%
CAH	C	-0.05%
NVR	A	-0.05%
MRO	D	-0.05%
SYY	C	-0.05%
NEM	C	-0.05%
ADBE	F	-0.05%
PH	B	-0.05%
EXPE	C	-0.05%
HCA	A	-0.05%
INTC	D	-0.05%
QCOM	D	-0.05%
L	D	-0.04%
EA	D	-0.04%
CMI	B	-0.04%
AGR	B	-0.04%
BEN	F	-0.04%
AMG	C	-0.04%
VRSN	C	-0.04%
URI	B	-0.04%
UHS	C	-0.04%
XRAY	D	-0.04%
MOS	F	-0.04%
MTB	B	-0.04%
ITW	B	-0.04%
INVH	D	-0.04%
KLAC	D	-0.04%
EXP	B	-0.04%
LVS	C	-0.04%
LMT	A	-0.04%
MPC	F	-0.04%
EBAY	A	-0.04%
BR	B	-0.04%
ADI	C	-0.04%
PAA	D	-0.04%
LRCX	D	-0.04%
HPQ	C	-0.04%
ADP	B	-0.04%
FANG	F	-0.04%
AER	C	-0.04%
AMAT	C	-0.04%
BLK	A	-0.04%
WAB	B	-0.04%
MPLX	B	-0.04%
GIS	C	-0.04%
PG	C	-0.04%
NKE	D	-0.04%
ET	C	-0.04%
MMC	D	-0.04%
VTRS	D	-0.04%
GOOGL	D	-0.04%
GSK	D	-0.04%
CARR	B	-0.04%
VOD	C	-0.04%
LLY	D	-0.03%
MRVL	D	-0.03%
KEX	C	-0.03%
HRB	C	-0.03%
JNPR	B	-0.03%
INGR	A	-0.03%
ILMN	D	-0.03%
JBL	D	-0.03%
KSS	D	-0.03%
FHN	D	-0.03%
EMN	B	-0.03%
FAF	B	-0.03%
AYI	A	-0.03%
ADSK	B	-0.03%
BERY	C	-0.03%
TSCO	A	-0.03%
SWKS	F	-0.03%
RF	A	-0.03%
SBRA	C	-0.03%
LIN	B	-0.03%
HP	F	-0.03%
HIG	A	-0.03%
JD	C	-0.03%
DXC	D	-0.03%
FLS	B	-0.03%
EW	F	-0.03%
DOX	C	-0.03%
ETN	B	-0.03%
BC	C	-0.03%
CNO	B	-0.03%
CME	A	-0.03%
CMA	B	-0.03%
AGO	D	-0.03%
CHRW	A	-0.03%
ARW	B	-0.03%
ACGL	C	-0.03%
AAT	C	-0.03%
BDN	B	-0.03%
TEL	C	-0.03%
WB	C	-0.03%
ZION	D	-0.03%
VNT	F	-0.03%
TRMB	C	-0.03%
RPM	C	-0.03%
PHM	B	-0.03%
RL	B	-0.03%
SCS	D	-0.03%
SON	D	-0.03%
SNX	C	-0.03%
RGA	C	-0.03%
HST	D	-0.03%
DAL	C	-0.03%
CSL	A	-0.03%
FMC	B	-0.03%
SWK	A	-0.03%
TT	A	-0.03%
NTAP	D	-0.03%
KEYS	B	-0.03%
OMC	A	-0.03%
WTRG	D	-0.03%
O	A	-0.03%
MU	D	-0.03%
GLPI	B	-0.03%
FLEX	B	-0.03%
CPB	D	-0.03%
BG	F	-0.03%
SYF	C	-0.03%
NI	A	-0.03%
TMO	B	-0.03%
UPS	D	-0.03%
NXPI	F	-0.03%
SRE	A	-0.03%
V	C	-0.03%
MA	B	-0.03%
DG	F	-0.03%
HD	A	-0.03%
DLR	B	-0.03%
BKNG	B	-0.03%
TDY	B	-0.03%
EPD	C	-0.03%
DIS	D	-0.03%
PFE	D	-0.03%
UNM	A	-0.02%
TME	D	-0.02%
SKT	A	-0.02%
SITC	D	-0.02%
PKG	B	-0.02%
RS	D	-0.02%
ROST	C	-0.02%
SAFE	C	-0.02%
AIZ	B	-0.02%
AVT	B	-0.02%
CINF	B	-0.02%
CHD	C	-0.02%
BKU	D	-0.02%
CE	D	-0.02%
AN	C	-0.02%
AMH	C	-0.02%
NVT	C	-0.02%
GPC	D	-0.02%
HR	C	-0.02%
IFF	B	-0.02%
GXO	D	-0.02%
EPRT	A	-0.02%
FTNT	A	-0.02%
FRT	B	-0.02%
WU	D	-0.02%
TKR	C	-0.02%
RYN	C	-0.02%
SF	A	-0.02%
NOV	F	-0.02%
NHI	B	-0.02%
MHK	B	-0.02%
DOV	B	-0.02%
DSS	F	-0.02%
AFG	C	-0.02%
WBS	C	-0.02%
WBA	F	-0.02%
VOYA	A	-0.02%
VNO	B	-0.02%
FSK	A	-0.02%
CTVA	A	-0.02%
EXR	B	-0.02%
DRI	C	-0.02%
OSK	F	-0.02%
LII	C	-0.02%
MDT	A	-0.02%
MCY	C	-0.02%
PDM	B	-0.02%
OC	C	-0.02%
LEG	D	-0.02%
LAZ	B	-0.02%
KIM	C	-0.02%
KRC	C	-0.02%
AVY	C	-0.02%
REG	C	-0.02%
PRE	F	-0.02%
MAS	A	-0.02%
LNC	C	-0.02%
MCO	C	-0.02%
NUE	D	-0.02%
INTU	D	-0.02%
JCI	A	-0.02%
H	C	-0.02%
BBY	A	-0.02%
ALLE	A	-0.02%
ALL	C	-0.02%
BAX	D	-0.02%
AVB	C	-0.02%
ATO	A	-0.02%
CBOE	C	-0.02%
WPC	B	-0.02%
PFG	B	-0.02%
SPGI	C	-0.02%
PPG	D	-0.02%
GL	D	-0.02%
EQR	C	-0.02%
EPR	B	-0.02%
EL	D	-0.02%
FNF	A	-0.02%
TXN	B	-0.02%
ZTS	B	-0.02%
XYL	C	-0.02%
VMC	C	-0.02%
LEA	F	-0.02%
K	A	-0.02%
HUN	C	-0.02%
BRO	B	-0.02%
BIDU	C	-0.02%
AWK	C	-0.02%
AES	C	-0.02%
A	C	-0.02%
VTR	B	-0.02%
PRU	C	-0.02%
PM	C	-0.02%
MMM	B	-0.02%
KMB	C	-0.02%
ESGR	D	-0.02%
HBAN	B	-0.02%
EQIX	B	-0.02%
FDX	D	-0.02%
APD	B	-0.02%
NTRS	C	-0.02%
IPG	C	-0.02%
CPT	C	-0.02%
STLD	C	-0.02%
MSI	A	-0.02%
CSX	D	-0.02%
APH	C	-0.02%
TGT	C	-0.02%
UNP	C	-0.02%
RPRX	C	-0.02%
PEP	D	-0.02%
HES	D	-0.02%
JEF	C	-0.02%
STZ	C	-0.02%
SHW	B	-0.02%
GPN	D	-0.02%
BXP	B	-0.02%
NOC	B	-0.02%
ABT	C	-0.02%
MO	C	-0.02%
ORCL	B	-0.02%
GBDC	C	-0.01%
SAVE	F	-0.01%
OCSL	F	-0.01%
GOOG	D	-0.01%
SNA	B	-0.01%
PNR	A	-0.01%
PSEC	C	-0.01%
NEU	D	-0.01%
APTV	D	-0.01%
KRG	B	-0.01%
WTFC	C	-0.01%
CBT	B	-0.01%
KMT	B	-0.01%
WLK	C	-0.01%
THG	B	-0.01%
WEC	A	-0.01%
CHH	C	-0.01%
ADC	B	-0.01%
KMPR	D	-0.01%
PNW	C	-0.01%
ROK	D	-0.01%
RNR	A	-0.01%
AAL	D	-0.01%
HUBB	B	-0.01%
HSY	D	-0.01%
LXP	B	-0.01%
NFG	A	-0.01%
MKL	C	-0.01%
OPI	F	-0.01%
NSC	C	-0.01%
HPP	F	-0.01%
CUBE	B	-0.01%
DVN	F	-0.01%
BKH	B	-0.01%
UDR	C	-0.01%
TXT	D	-0.01%
SWX	C	-0.01%
PSA	A	-0.01%
HUM	F	-0.01%
HIW	B	-0.01%
FLO	C	-0.01%
AXS	A	-0.01%
PEG	A	-0.01%
REXR	C	-0.01%
XEL	A	-0.01%
PGR	C	-0.01%
EVRG	B	-0.01%
CNA	D	-0.01%
AAP	F	-0.01%
SUI	C	-0.01%
TJX	C	-0.01%
NNN	B	-0.01%
LH	C	-0.01%
HII	D	-0.01%
EMR	C	-0.01%
DGX	B	-0.01%
EIX	B	-0.01%
ORLY	B	-0.01%
LNT	A	-0.01%
RSG	D	-0.01%
OHI	B	-0.01%
HAS	A	-0.01%
ESS	C	-0.01%
ES	A	-0.01%
AMCR	B	-0.01%
WELL	B	-0.01%
MAA	C	-0.01%
ARE	C	-0.01%
DOC	B	-0.01%
SPG	B	-0.01%
KR	A	-0.01%
DE	A	-0.01%
GD	C	-0.01%
BWA	C	-0.01%
STT	B	-0.01%
WHR	C	-0.01%
PLD	C	-0.01%
LHX	B	-0.01%
CB	B	-0.01%
USB	B	-0.01%
WY	C	-0.01%
OKE	C	-0.01%
DFS	C	-0.01%
KMI	B	-0.01%
ECL	A	-0.01%
DOW	C	-0.01%
BK	B	-0.01%
WRK	C	-0.01%
WMB	B	-0.01%
KO	B	-0.01%
BSX	B	-0.01%
BRX	B	-0.01%
MAR	C	-0.01%
MCD	A	-0.01%
JNJ	C	-0.01%
EXC	A	-0.01%
EQH	C	-0.01%
CAG	B	-0.01%
AMGN	D	-0.01%
AFL	A	-0.01%
LOW	A	-0.01%
PNC	B	-0.01%
HON	C	-0.01%
COP	F	-0.01%
XOM	B	-0.01%
AAPL	B	-0.01%
IBM	B	-0.01%
WMT	B	-0.01%
UAL	C	-0.01%
RTX	B	-0.01%
PCG	C	-0.01%
AVGO	C	-0.01%