RVRB vs. SKOR ETF Comparison

Comparison of Reverb ETF (RVRB) to FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR)

RVRB

Reverb ETF

RVRB Description

The fund will invest in equity securities of companies that are publicly listed on one or more major U.S. national securities exchanges and which are among the largest approximately 500 domestic equity companies as determined by the Adviser on the basis of their free float market capitalization (the "Investable Universe"). In managing the fund, the Adviser employs a market "sentiment" based investment strategy, determined in accordance with its own proprietary web-based algorithm (the "Reverberate App" or the "App"), to adjust the weightings of positions in the fund"s portfolio.

Grade (RS Rating)

Last Trade

$31.48

Average Daily Volume

211

Number of Holdings ^*

510

* may have additional holdings in another (foreign) market

SKOR

FlexShares Credit-Scored US Corporate Bond Index Fund

SKOR Description

The investment seeks the price and yield performance, before fees and expenses, of the Northern Trust Credit-Scored US Corporate Bond IndexSM. The fund generally will invest at least 80% of its total assets in the securities of its underlying index. The index reflects the performance of a portfolio of US-dollar denominated bonds of companies that are considered by the index Provider to have higher credit quality, lower risk of default and the potential for higher yield, price appreciation and liquidity relative to the universe of securities comprising the Northern Trust US Investment-Grade Corporate Bond IndexSM. The fund is non-diversified

Grade (RS Rating)

Last Trade

$48.23

Average Daily Volume

45,570

Number of Holdings ^*

305

* may have additional holdings in another (foreign) market

Performance

Period	RVRB	SKOR
30 Days	3.72%	0.21%
60 Days	4.84%	-0.91%
90 Days	7.54%	0.04%
12 Months	31.75%	7.83%

213 Overlapping Holdings

Symbol	Grade	Weight in RVRB	Weight in SKOR	Overlap
A	D	0.07%	0.07%	0.07%
AAPL	B	5.64%	0.09%	0.09%
ABBV	D	0.52%	0.08%	0.08%
ADBE	C	0.41%	0.09%	0.09%
ADI	D	0.19%	0.15%	0.15%
ADP	B	0.21%	0.07%	0.07%
ADSK	B	0.12%	0.08%	0.08%
AEE	A	0.05%	0.25%	0.05%
AEP	D	0.09%	0.02%	0.02%
AER	A	0.04%	0.05%	0.04%
AFL	B	0.11%	0.04%	0.04%
AGR	B	0.01%	0.09%	0.01%
AIG	B	0.09%	0.04%	0.04%
ALL	B	0.09%	0.15%	0.09%
AMCR	D	0.02%	0.12%	0.02%
AMGN	D	0.28%	0.11%	0.11%
AMP	B	0.11%	0.07%	0.07%
AMT	D	0.16%	0.13%	0.13%
AMZN	C	4.4%	0.11%	0.11%
AON	A	0.14%	0.09%	0.09%
APD	A	0.12%	0.19%	0.12%
APH	B	0.16%	0.11%	0.11%
ARE	D	0.03%	0.04%	0.03%
ATO	A	0.04%	0.17%	0.04%
AVB	B	0.06%	0.02%	0.02%
AVGO	D	1.32%	0.04%	0.04%
AVY	D	0.03%	0.02%	0.02%
AWK	D	0.04%	0.07%	0.04%
AXP	A	0.37%	0.07%	0.07%
BA	D	0.14%	0.06%	0.06%
BAC	A	0.6%	0.0%	0.0%
BAX	F	0.03%	0.07%	0.03%
BDX	F	0.12%	0.08%	0.08%
BG	F	0.01%	0.08%	0.01%
BK	A	0.1%	0.05%	0.05%
BLK	C	0.27%	0.08%	0.08%
BMY	B	0.21%	0.1%	0.1%
BR	A	0.04%	0.08%	0.04%
BRO	B	0.06%	0.08%	0.06%
C	A	0.23%	0.08%	0.08%
CARR	C	0.12%	0.09%	0.09%
CB	D	0.2%	0.1%	0.1%
CCI	D	0.08%	0.18%	0.08%
CE	F	0.01%	0.07%	0.01%
CFG	B	0.04%	0.07%	0.04%
CHD	B	0.05%	0.18%	0.05%
CHTR	C	0.1%	0.2%	0.1%
CI	D	0.17%	0.14%	0.14%
CL	D	0.13%	0.09%	0.09%
CLX	C	0.03%	0.02%	0.02%
CMCSA	C	0.3%	0.14%	0.14%
CMI	A	0.09%	0.04%	0.04%
CMS	C	0.03%	0.08%	0.03%
CNP	A	0.03%	0.1%	0.03%
COF	B	0.12%	0.02%	0.02%
COST	B	0.77%	0.1%	0.1%
CPB	D	0.01%	0.06%	0.01%
CSCO	A	0.41%	0.04%	0.04%
CSL	B	0.03%	0.08%	0.03%
CSX	B	0.13%	0.04%	0.04%
CTAS	B	0.17%	0.02%	0.02%
CVS	D	0.12%	0.16%	0.12%
D	C	0.08%	0.08%	0.08%
DFS	B	0.08%	0.11%	0.08%
DG	F	0.03%	0.16%	0.03%
DGX	B	0.03%	0.07%	0.03%
DHI	D	0.09%	0.07%	0.07%
DHR	D	0.31%	0.09%	0.09%
DIS	B	0.34%	0.09%	0.09%
DLR	A	0.1%	0.1%	0.1%
DLTR	D	0.02%	0.05%	0.02%
DOV	A	0.05%	0.07%	0.05%
DOW	F	0.06%	0.17%	0.06%
DT	C	0.01%	0.05%	0.01%
DTE	C	0.05%	0.09%	0.05%
DUK	C	0.15%	0.08%	0.08%
EA	C	0.07%	0.04%	0.04%
EBAY	C	0.06%	0.08%	0.06%
ECL	D	0.13%	0.06%	0.06%
ED	D	0.06%	0.11%	0.06%
EFX	D	0.05%	0.05%	0.05%
ELV	F	0.16%	0.18%	0.16%
EMR	A	0.13%	0.07%	0.07%
EPD	B	0.12%	0.07%	0.07%
EQIX	A	0.17%	0.0%	0.0%
EQR	B	0.05%	0.02%	0.02%
ES	D	0.04%	0.04%	0.04%
ESS	B	0.02%	0.07%	0.02%
EW	C	0.07%	0.08%	0.07%
FMC	D	0.01%	0.07%	0.01%
FTV	B	0.05%	0.04%	0.04%
GILD	B	0.2%	0.13%	0.13%
GIS	D	0.06%	0.08%	0.06%
GM	B	0.11%	0.2%	0.11%
GOOGL	C	4.05%	0.03%	0.03%
GPN	C	0.05%	0.17%	0.05%
GS	B	0.34%	0.1%	0.1%
HBAN	B	0.04%	0.08%	0.04%
HCA	F	0.15%	0.03%	0.03%
HD	A	0.75%	0.0%	0.0%
HON	B	0.21%	0.04%	0.04%
HPQ	B	0.06%	0.07%	0.06%
HUBB	B	0.03%	0.07%	0.03%
HUM	C	0.05%	0.12%	0.05%
IBM	C	0.33%	0.09%	0.09%
INTC	C	0.18%	0.12%	0.12%
INTU	C	0.36%	0.1%	0.1%
ITW	A	0.14%	0.07%	0.07%
JBHT	C	0.04%	0.12%	0.04%
JNJ	D	0.46%	0.18%	0.18%
JPM	B	1.18%	0.01%	0.01%
K	A	0.05%	0.11%	0.05%
KDP	D	0.08%	0.08%	0.08%
KEY	A	0.02%	0.08%	0.02%
KEYS	B	0.05%	0.08%	0.05%
KLAC	F	0.17%	0.08%	0.08%
KMB	C	0.08%	0.08%	0.08%
KMI	B	0.11%	0.28%	0.11%
KO	D	0.5%	0.08%	0.08%
LEN	C	0.08%	0.32%	0.08%
LH	B	0.02%	0.11%	0.02%
LHX	C	0.08%	0.1%	0.08%
LMT	D	0.24%	0.23%	0.23%
LOW	C	0.28%	0.04%	0.04%
MA	B	0.87%	0.04%	0.04%
MAA	B	0.03%	0.02%	0.02%
MAR	A	0.14%	0.04%	0.04%
MAS	C	0.03%	0.19%	0.03%
MCD	D	0.36%	0.04%	0.04%
MCK	C	0.16%	0.09%	0.09%
MCO	A	0.15%	0.07%	0.07%
MDLZ	F	0.16%	0.07%	0.07%
MET	A	0.11%	0.09%	0.09%
MKC	D	0.04%	0.07%	0.04%
MLM	B	0.08%	0.09%	0.08%
MMC	A	0.2%	0.01%	0.01%
MMM	D	0.13%	0.08%	0.08%
MO	A	0.17%	0.1%	0.1%
MS	B	0.38%	0.04%	0.04%
MSFT	D	6.29%	0.04%	0.04%
MSI	C	0.16%	0.04%	0.04%
MU	D	0.2%	0.08%	0.08%
NDAQ	A	0.08%	0.08%	0.08%
NEE	D	0.27%	0.04%	0.04%
NOC	D	0.13%	0.19%	0.13%
NSC	A	0.1%	0.07%	0.07%
NTAP	C	0.05%	0.07%	0.05%
NXPI	D	0.1%	0.21%	0.1%
O	D	0.09%	0.12%	0.09%
ORCL	C	0.9%	0.11%	0.11%
ORLY	B	0.16%	0.08%	0.08%
OTIS	C	0.07%	0.07%	0.07%
PCG	B	0.1%	0.07%	0.07%
PEG	A	0.08%	0.07%	0.07%
PEP	F	0.39%	0.24%	0.24%
PG	A	0.69%	0.06%	0.06%
PGR	A	0.26%	0.04%	0.04%
PH	A	0.18%	0.02%	0.02%
PHM	C	0.05%	0.2%	0.05%
PKG	B	0.02%	0.07%	0.02%
PLD	D	0.18%	0.07%	0.07%
PM	B	0.35%	0.17%	0.17%
PNC	A	0.15%	0.03%	0.03%
PPG	D	0.06%	0.07%	0.06%
PRU	A	0.08%	0.0%	0.0%
PSA	C	0.11%	0.08%	0.08%
PYPL	A	0.16%	0.02%	0.02%
QCOM	F	0.32%	0.08%	0.08%
ROK	B	0.06%	0.06%	0.06%
ROP	B	0.11%	0.08%	0.08%
RPRX	D	0.01%	0.14%	0.01%
RSG	A	0.12%	0.04%	0.04%
SBUX	B	0.19%	0.09%	0.09%
SCHW	A	0.2%	0.04%	0.04%
SHW	A	0.17%	0.04%	0.04%
SJM	D	0.01%	0.04%	0.01%
SO	D	0.17%	0.1%	0.1%
SPG	C	0.1%	0.22%	0.1%
SPGI	C	0.29%	0.08%	0.08%
SRE	A	0.1%	0.07%	0.07%
STLD	B	0.04%	0.04%	0.04%
STT	A	0.05%	0.07%	0.05%
SYK	C	0.25%	0.03%	0.03%
T	A	0.28%	0.12%	0.12%
TD	F	0.17%	0.17%	0.17%
TDY	B	0.03%	0.14%	0.03%
TFC	B	0.11%	0.06%	0.06%
TMO	F	0.34%	0.19%	0.19%
TMUS	A	0.46%	0.14%	0.14%
TRMB	B	0.01%	0.1%	0.01%
TT	B	0.16%	0.08%	0.08%
TXN	D	0.33%	0.07%	0.07%
UNH	B	0.95%	0.02%	0.02%
UNP	C	0.26%	0.11%	0.11%
UPS	C	0.2%	0.08%	0.08%
USB	A	0.14%	0.07%	0.07%
V	A	1.19%	0.1%	0.1%
VLO	C	0.08%	0.08%	0.08%
VRSK	A	0.07%	0.1%	0.07%
VRSN	F	0.04%	0.19%	0.04%
VTR	D	0.04%	0.02%	0.02%
VZ	B	0.29%	0.03%	0.03%
WAB	B	0.06%	0.06%	0.06%
WEC	A	0.06%	0.17%	0.06%
WELL	C	0.15%	0.08%	0.08%
WFC	A	0.45%	0.07%	0.07%
WM	A	0.16%	0.13%	0.13%
WMT	B	1.23%	0.02%	0.02%
WPC	D	0.01%	0.06%	0.01%
WTW	B	0.06%	0.06%	0.06%
WY	D	0.04%	0.1%	0.04%
XEL	A	0.07%	0.14%	0.07%
ZTS	D	0.15%	0.05%	0.05%

RVRB Overweight 297 Positions Relative to SKOR

Symbol	Grade	Weight
NVDA	C	6.15%
META	D	2.4%
BRK.A	B	1.65%
TSLA	B	1.62%
LLY	F	1.31%
XOM	C	0.9%
NFLX	B	0.64%
CRM	B	0.55%
CVX	B	0.52%
NOW	B	0.4%
AMD	F	0.39%
ACN	B	0.39%
LIN	D	0.38%
ABT	B	0.35%
MRK	F	0.35%
CAT	B	0.35%
GE	D	0.34%
ISRG	C	0.34%
BKNG	B	0.32%
AMAT	F	0.27%
RTX	D	0.27%
ETN	A	0.26%
UBER	D	0.26%
TJX	A	0.25%
PFE	D	0.25%
BSX	C	0.24%
PLTR	B	0.24%
KKR	B	0.24%
SHOP	B	0.24%
PANW	C	0.23%
FI	A	0.23%
COP	D	0.23%
BX	B	0.23%
VRTX	D	0.22%
ANET	C	0.22%
NKE	F	0.21%
MDT	D	0.2%
DE	B	0.2%
LRCX	F	0.19%
GEV	C	0.17%
APO	A	0.17%
CDNS	B	0.16%
ICE	D	0.16%
CMG	B	0.16%
TDG	D	0.16%
DELL	C	0.16%
APP	B	0.16%
ABNB	C	0.15%
FICO	B	0.15%
REGN	F	0.15%
SPOT	B	0.15%
CRWD	B	0.15%
EOG	C	0.14%
MRVL	B	0.14%
SNPS	B	0.14%
SCCO	F	0.14%
COIN	B	0.13%
TGT	F	0.13%
CEG	D	0.13%
FDX	B	0.13%
NU	D	0.13%
FTNT	C	0.13%
MELI	C	0.12%
WMB	B	0.12%
WDAY	C	0.12%
DASH	A	0.12%
URI	B	0.11%
PCAR	B	0.11%
TEAM	B	0.11%
HLT	A	0.11%
AJG	A	0.11%
FCX	F	0.11%
TRV	B	0.1%
CPRT	A	0.1%
PSX	C	0.1%
MNST	B	0.1%
JCI	C	0.1%
ET	B	0.1%
RCL	B	0.1%
TTD	B	0.1%
FIS	D	0.09%
FLUT	A	0.09%
ODFL	B	0.09%
MPLX	B	0.09%
AME	A	0.09%
VST	B	0.09%
SQ	B	0.09%
MPC	F	0.09%
PAYX	B	0.09%
GWW	A	0.08%
KR	A	0.08%
BKR	C	0.08%
STZ	D	0.08%
VRT	B	0.08%
MSCI	C	0.08%
COR	C	0.08%
F	C	0.08%
MTD	F	0.08%
CPNG	D	0.08%
HWM	B	0.08%
LNG	B	0.08%
KVUE	A	0.08%
ROST	C	0.08%
WCN	A	0.08%
PWR	A	0.08%
NEM	F	0.08%
HES	C	0.08%
DDOG	A	0.08%
FAST	B	0.08%
OXY	F	0.08%
IQV	F	0.07%
LVS	C	0.07%
CCEP	B	0.07%
NUE	D	0.07%
ALNY	D	0.07%
KHC	D	0.07%
SYY	C	0.07%
CBRE	B	0.07%
GRMN	A	0.07%
MTB	B	0.07%
EXC	D	0.07%
HSY	F	0.07%
IT	C	0.07%
GEHC	F	0.07%
CTVA	B	0.07%
YUM	B	0.07%
STLA	F	0.07%
GLW	B	0.07%
CTSH	B	0.07%
VMC	B	0.07%
IR	A	0.07%
TRGP	B	0.07%
SNOW	C	0.07%
DAL	B	0.07%
CCL	B	0.06%
CNC	F	0.06%
ETR	B	0.06%
LYV	A	0.06%
IRM	C	0.06%
TTWO	B	0.06%
VICI	C	0.06%
FANG	F	0.06%
VEEV	B	0.06%
NET	B	0.06%
RMD	C	0.06%
HIG	B	0.06%
RBLX	C	0.06%
RJF	A	0.06%
EXR	C	0.06%
MCHP	F	0.06%
LULU	C	0.06%
DD	D	0.06%
DVN	F	0.05%
TROW	A	0.05%
VLTO	C	0.05%
CDW	F	0.05%
EXPE	B	0.05%
CPAY	A	0.05%
GDDY	B	0.05%
LYB	F	0.05%
ZM	B	0.05%
HAL	C	0.05%
WAT	B	0.05%
TW	B	0.05%
HPE	B	0.05%
ON	C	0.05%
IOT	B	0.05%
DXCM	C	0.05%
CSGP	C	0.05%
GOLD	D	0.05%
TSCO	C	0.05%
ZS	C	0.05%
ARES	B	0.05%
IDXX	F	0.05%
CAH	B	0.05%
XYL	D	0.05%
HEI	B	0.05%
BBY	D	0.04%
LUV	B	0.04%
BALL	D	0.04%
J	F	0.04%
WDC	C	0.04%
ILMN	C	0.04%
INVH	D	0.04%
PTC	A	0.04%
FOX	B	0.04%
MPWR	F	0.04%
MDB	C	0.04%
STX	D	0.04%
FSLR	F	0.04%
CINF	A	0.04%
PFG	C	0.04%
AXON	B	0.04%
MOH	F	0.04%
TYL	A	0.04%
BAH	F	0.04%
IFF	D	0.04%
NTRS	A	0.04%
TSN	B	0.04%
GFS	C	0.04%
EL	F	0.04%
STM	F	0.04%
ZBH	C	0.04%
FE	D	0.04%
SBAC	D	0.04%
BIIB	F	0.04%
STE	F	0.04%
PHG	D	0.04%
LDOS	D	0.04%
WST	C	0.04%
CQP	B	0.04%
WBD	C	0.04%
ANSS	B	0.04%
ADM	F	0.04%
RF	B	0.04%
HUBS	B	0.04%
PPL	B	0.04%
ROL	B	0.04%
DKS	C	0.03%
MRNA	F	0.03%
ICLR	F	0.03%
AVTR	F	0.03%
ERIE	D	0.03%
TXT	D	0.03%
ALGN	D	0.03%
UAL	B	0.03%
HRL	D	0.03%
CVNA	B	0.03%
CRBG	B	0.03%
GPC	D	0.03%
FDS	B	0.03%
L	B	0.03%
DRI	B	0.03%
WLK	D	0.03%
OMC	C	0.03%
WSO	A	0.03%
PINS	F	0.03%
TER	F	0.03%
CHKP	D	0.03%
CTRA	B	0.03%
DKNG	C	0.03%
MT	C	0.03%
HOLX	D	0.03%
BLDR	C	0.03%
YUMC	B	0.02%
WRB	A	0.02%
SNAP	C	0.02%
EQT	B	0.02%
CF	B	0.02%
JBL	C	0.02%
CHWY	C	0.02%
PODD	B	0.02%
WSM	B	0.02%
BURL	B	0.02%
NRG	C	0.02%
IP	B	0.02%
RS	B	0.02%
LPLA	B	0.02%
SW	B	0.02%
SMCI	D	0.02%
EXPD	C	0.02%
EG	C	0.02%
SUI	D	0.02%
APTV	F	0.02%
ULTA	F	0.02%
HOOD	B	0.02%
CELH	F	0.01%
IEP	F	0.01%
ETSY	D	0.01%
MOS	F	0.01%
WBA	D	0.01%
U	C	0.01%
ENPH	F	0.01%
AAL	B	0.01%
AES	F	0.01%
SIRI	C	0.01%
RIVN	D	0.01%
MGM	F	0.01%
EXAS	F	0.01%
OKTA	C	0.01%
LKQ	D	0.01%
LW	C	0.01%
SWKS	F	0.01%
AKAM	F	0.01%
CNH	A	0.01%
CAG	D	0.01%
BSY	D	0.01%
BMRN	F	0.01%
ALB	C	0.01%
PAYC	A	0.01%
IEX	B	0.01%
MRO	B	0.01%
RVTY	D	0.01%
INCY	C	0.01%
WMG	C	0.01%
FTRE	C	0.0%
LCID	F	0.0%

RVRB Underweight 92 Positions Relative to SKOR

Symbol	Grade	Weight
FOXA	C	-0.25%
NI	A	-0.19%
TPR	A	-0.19%
PAA	B	-0.19%
LII	A	-0.16%
ARW	D	-0.15%
ALLY	C	-0.14%
OKE	C	-0.14%
GD	F	-0.14%
WU	D	-0.13%
BWA	C	-0.13%
BRX	A	-0.12%
CME	A	-0.12%
CM	A	-0.11%
SWK	D	-0.11%
BHP	F	-0.11%
MKL	A	-0.11%
NVT	B	-0.11%
ATHS	C	-0.11%
ARCC	A	-0.11%
BMO	A	-0.11%
BIDU	F	-0.1%
LNT	A	-0.1%
BKU	B	-0.1%
VNT	C	-0.09%
THG	C	-0.09%
FHN	B	-0.09%
BXP	D	-0.09%
CMA	A	-0.09%
HST	C	-0.09%
FLO	C	-0.09%
LAZ	B	-0.09%
BNS	A	-0.09%
FITB	B	-0.09%
AFG	A	-0.08%
AWH	F	-0.08%
FAF	B	-0.08%
LEA	F	-0.08%
HP	C	-0.08%
ORI	A	-0.08%
H	A	-0.08%
CBOE	B	-0.08%
DSS	F	-0.08%
AMH	C	-0.08%
DINO	F	-0.08%
WHR	B	-0.08%
NFG	B	-0.08%
JEF	A	-0.08%
GLPI	B	-0.08%
SYF	A	-0.08%
AVT	C	-0.07%
KMPR	B	-0.07%
CPT	B	-0.07%
SBRA	B	-0.07%
WB	C	-0.07%
ALLE	D	-0.07%
BKH	B	-0.07%
GSBD	F	-0.07%
TEL	B	-0.07%
CUBE	D	-0.07%
BABA	D	-0.07%
HSBC	B	-0.07%
SKT	A	-0.06%
REG	B	-0.06%
SCS	B	-0.06%
GL	C	-0.06%
AL	A	-0.06%
NNN	D	-0.06%
SITC	D	-0.05%
RY	B	-0.05%
AZO	C	-0.05%
PDM	D	-0.04%
KIM	A	-0.04%
HPP	F	-0.04%
VOYA	B	-0.04%
KRG	B	-0.04%
RNR	C	-0.04%
AIZ	B	-0.04%
RPM	A	-0.04%
HII	F	-0.04%
AXS	A	-0.04%
HIW	D	-0.04%
KRC	C	-0.04%
DB	D	-0.04%
EIX	A	-0.04%
FLS	A	-0.03%
FNF	B	-0.03%
AAP	C	-0.02%
BDN	C	-0.02%
MUFG	B	-0.02%
CP	D	-0.01%
OHI	D	-0.0%