RAVI vs. VUSB ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to Vanguard Ultra-Short Bond ETF (VUSB)

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

74,435

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

VUSB

Vanguard Ultra-Short Bond ETF

VUSB Description

Vanguard Bond Index Funds - Vanguard Ultra-Short Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc. The fund invests in the fixed income markets. It primarily invests in high-quality securities that are rated A3 or better and medium-quality securities that are rated Baa1, Baa2, or Baa3 by Moody's Investors Service, Inc. The fund seeks to invest in securities with maturity of 0-2 years. The fund employs fundamental analysis with bottom-up and top-down security picking approach to create its portfolio. Vanguard Bond Index Funds - Vanguard Ultra-Short Bond ETF was formed on April 5, 2021 is domiciled in the United States.

Grade (RS Rating)

Last Trade

$49.72

Average Daily Volume

687,855

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	VUSB
30 Days	0.36%	0.32%
60 Days	0.66%	0.44%
90 Days	1.30%	1.23%
12 Months	5.44%	6.25%

76 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in VUSB	Overlap
ABBV	F	0.13%	0.05%	0.05%
AEE	A	0.17%	0.03%	0.03%
AEP	C	0.38%	0.06%	0.06%
AIG	D	0.57%	0.17%	0.17%
AL	B	0.25%	0.06%	0.06%
AMT	D	0.13%	0.01%	0.01%
AMZN	B	0.42%	0.06%	0.06%
AON	B	0.46%	0.07%	0.07%
ARCC	A	0.3%	0.03%	0.03%
AZN	F	0.15%	0.01%	0.01%
AZO	C	0.52%	0.01%	0.01%
BA	D	0.15%	0.01%	0.01%
BAC	A	0.57%	0.01%	0.01%
BHF	B	0.17%	0.7%	0.17%
BMY	B	0.43%	0.03%	0.03%
BNS	A	0.52%	0.02%	0.02%
C	B	0.24%	0.01%	0.01%
CAT	C	0.26%	0.01%	0.01%
CCI	C	0.49%	0.04%	0.04%
CFG	B	0.29%	0.02%	0.02%
CI	D	0.67%	0.04%	0.04%
CM	A	0.62%	0.1%	0.1%
CMCSA	B	0.28%	0.6%	0.28%
CNH	C	0.13%	0.24%	0.13%
CNP	A	0.2%	0.01%	0.01%
COF	B	0.06%	0.61%	0.06%
CVS	D	0.16%	0.01%	0.01%
CVX	A	0.33%	0.01%	0.01%
D	C	0.51%	0.01%	0.01%
DB	D	0.28%	0.09%	0.09%
DELL	C	0.28%	0.04%	0.04%
DTE	C	0.77%	0.06%	0.06%
DUK	C	0.07%	0.02%	0.02%
ETR	A	0.38%	0.05%	0.05%
FIS	C	0.23%	0.01%	0.01%
GE	D	0.76%	0.02%	0.02%
GILD	B	0.59%	0.36%	0.36%
GM	B	0.1%	0.03%	0.03%
GS	B	0.26%	0.01%	0.01%
HPE	B	0.11%	0.01%	0.01%
HRL	D	0.07%	0.28%	0.07%
HSBC	A	0.29%	0.01%	0.01%
ICE	D	0.15%	0.05%	0.05%
JPM	B	0.03%	0.01%	0.01%
KDP	D	0.95%	0.01%	0.01%
KEY	B	0.16%	0.05%	0.05%
LEN	D	0.26%	0.11%	0.11%
LUV	B	0.18%	0.01%	0.01%
LYB	F	0.83%	0.01%	0.01%
MDLZ	F	0.09%	0.07%	0.07%
MET	A	0.13%	0.01%	0.01%
MKC	C	0.17%	0.17%	0.17%
MLM	B	0.28%	0.23%	0.23%
MS	B	0.06%	0.08%	0.06%
MUFG	B	0.14%	0.06%	0.06%
NDAQ	A	0.31%	0.05%	0.05%
NEE	C	0.57%	0.01%	0.01%
NVDA	A	0.52%	0.71%	0.52%
NWG	A	0.15%	0.09%	0.09%
PCAR	C	0.05%	0.01%	0.01%
PSX	C	0.16%	0.11%	0.11%
PYPL	B	0.95%	0.2%	0.2%
R	B	0.08%	0.06%	0.06%
SBUX	B	0.18%	0.1%	0.1%
SCHW	A	0.42%	0.01%	0.01%
SEB	F	0.16%	0.04%	0.04%
SO	C	0.26%	0.04%	0.04%
T	A	0.3%	0.01%	0.01%
TD	D	0.51%	0.05%	0.05%
TFC	B	0.59%	0.01%	0.01%
TSN	B	0.7%	0.01%	0.01%
UBS	B	0.16%	0.06%	0.06%
UNH	B	0.43%	0.01%	0.01%
VZ	C	0.1%	0.01%	0.01%
WFC	A	0.26%	0.01%	0.01%
WM	B	0.69%	0.24%	0.24%

RAVI Overweight 25 Positions Relative to VUSB

Symbol	Grade	Weight
VLO	C	1.51%
ED	C	1.05%
OGS	A	1.05%
OTIS	D	0.95%
DHR	D	0.86%
GP	F	0.59%
SJM	D	0.57%
BDX	F	0.51%
RY	C	0.51%
SYK	A	0.49%
CRM	B	0.4%
VFC	C	0.39%
OGE	A	0.39%
CP	F	0.27%
CLX	A	0.26%
ATHS	C	0.26%
CMS	C	0.24%
MCHP	F	0.22%
FITB	B	0.22%
PPL	A	0.22%
FOXA	B	0.21%
NYC	D	0.21%
DHI	D	0.13%
EFX	F	0.1%
ROP	C	0.07%

RAVI Underweight 125 Positions Relative to VUSB

Symbol	Grade	Weight
RL	C	-0.99%
COP	B	-0.52%
GIS	D	-0.47%
SYY	D	-0.43%
EMN	D	-0.42%
SPG	A	-0.3%
NUE	D	-0.29%
ZBH	C	-0.28%
ALL	A	-0.27%
PSA	D	-0.25%
EOG	A	-0.23%
MCK	A	-0.23%
STZ	D	-0.23%
AMP	A	-0.2%
EBAY	D	-0.19%
HII	F	-0.19%
CHTR	B	-0.18%
MPC	C	-0.18%
GPN	C	-0.18%
RPRX	D	-0.17%
EQH	B	-0.17%
SWKS	F	-0.15%
ROK	B	-0.14%
OKE	A	-0.14%
UNP	D	-0.14%
PEP	F	-0.13%
ESGR	B	-0.13%
EQR	C	-0.13%
KIM	A	-0.13%
AAPL	C	-0.12%
AMGN	D	-0.12%
SLB	C	-0.12%
BDN	C	-0.11%
PFG	C	-0.11%
CB	D	-0.11%
HUM	C	-0.11%
SRE	A	-0.11%
SLG	B	-0.1%
TDY	B	-0.1%
BHP	F	-0.09%
CHD	A	-0.09%
LNC	B	-0.09%
PG	C	-0.09%
CCEP	D	-0.08%
MMC	D	-0.08%
KR	B	-0.08%
IBM	C	-0.08%
CAG	D	-0.07%
MCO	B	-0.07%
IVZ	B	-0.07%
AMTD	F	-0.06%
EPD	A	-0.06%
ILMN	C	-0.06%
PAA	B	-0.06%
TXN	C	-0.06%
ALLY	C	-0.06%
LLY	F	-0.05%
IFF	D	-0.05%
KSA	D	-0.05%
DIS	B	-0.05%
PRU	B	-0.05%
AXP	B	-0.05%
VTRS	A	-0.05%
ZTS	D	-0.04%
CSL	C	-0.04%
CME	A	-0.04%
SHW	C	-0.04%
OPI	F	-0.04%
OHI	C	-0.04%
ES	C	-0.04%
BKH	A	-0.03%
BK	B	-0.03%
BIIB	F	-0.03%
DD	D	-0.03%
FNF	D	-0.03%
KRC	C	-0.03%
KMB	C	-0.03%
MSFT	D	-0.03%
TEL	C	-0.03%
SYF	B	-0.03%
USB	A	-0.03%
UPS	C	-0.03%
INTC	C	-0.03%
DFS	B	-0.03%
PM	A	-0.03%
ORCL	A	-0.03%
MRK	F	-0.02%
KMPR	A	-0.02%
PNC	B	-0.02%
O	D	-0.02%
NSC	B	-0.02%
TAP	C	-0.02%
WRB	A	-0.02%
VOD	D	-0.02%
HOG	F	-0.02%
HON	B	-0.02%
KMI	A	-0.02%
BXP	D	-0.02%
BMO	A	-0.02%
FANG	C	-0.01%
CTAS	B	-0.01%
HD	C	-0.01%
GSK	F	-0.01%
DT	D	-0.01%
MKL	A	-0.01%
LOW	C	-0.01%
JXN	C	-0.01%
BEN	C	-0.01%
AVGO	D	-0.01%
ATO	A	-0.01%
ARW	D	-0.01%
XOM	A	-0.01%
STT	A	-0.01%
MAR	B	-0.01%
WMB	A	-0.01%
CPB	D	-0.01%
EXC	C	-0.01%
LIN	D	-0.01%
DE	C	-0.01%
EIX	C	-0.01%
NEM	D	-0.01%
ET	A	-0.01%
AER	B	-0.01%
PL	B	-0.01%
AVB	B	-0.01%