SBIO vs. RAVI ETF Comparison

Comparison of ALPS Medical Breakthroughs ETF (SBIO) to FlexShares Ready Access Variable Income Fund (RAVI)

SBIO

ALPS Medical Breakthroughs ETF

SBIO Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Poliwogg Medical Breakthroughs IndexSM. The fund employs a "passive management" - or indexing - investment approach designed to track the performance of the underlying index. It will normally invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index is comprised of small- and mid-cap stocks of biotechnology and pharmaceutical companies that have one or more drugs in either Phase II or Phase III U.S. Food and Drug Administration clinical trials. It is non-diversified.

Grade (RS Rating)

Last Trade

$38.26

Average Daily Volume

6,572

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$75.23

Average Daily Volume

79,720

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	SBIO	RAVI
30 Days	1.91%	0.24%
60 Days	2.27%	0.83%
90 Days	7.65%	1.28%
12 Months	52.91%	5.54%

0 Overlapping Holdings

	Symbol	Grade	Weight in SBIO	Weight in RAVI	Overlap

SBIO Overweight 83 Positions Relative to RAVI

Symbol	Grade	Weight
RNA	C	3.38%
KRYS	C	3.33%
CORT	B	3.2%
CRNX	B	3.04%
ACLX	B	3.02%
IMVT	F	2.93%
ALKS	F	2.88%
DNLI	C	2.39%
MRUS	C	2.38%
FOLD	B	2.27%
ZLAB	B	2.11%
PTCT	B	2.05%
XENE	C	2.03%
EWTX	B	2.03%
VRNA	A	1.83%
PTGX	B	1.77%
CGON	F	1.67%
AGIO	B	1.65%
IDYA	F	1.61%
ACAD	F	1.57%
GERN	C	1.55%
VERA	A	1.5%
KROS	A	1.41%
VCEL	D	1.35%
LBPH	A	1.34%
AKRO	A	1.3%
MIRM	B	1.25%
GLPG	F	1.25%
ARVN	C	1.22%
CLDX	F	1.21%
MNKD	A	1.14%
BCRX	A	1.1%
SNDX	F	1.07%
IMCR	F	1.06%
RCUS	F	1.04%
NTLA	F	1.03%
TARS	A	0.97%
VRDN	B	0.93%
SPRY	B	0.92%
IRON	D	0.9%
KURA	F	0.89%
COGT	B	0.89%
XNCR	A	0.87%
DAWN	A	0.85%
PHVS	A	0.77%
APLT	A	0.71%
AUPH	A	0.65%
ANAB	F	0.59%
PRTA	F	0.58%
LQDA	C	0.58%
PLRX	A	0.56%
ETNB	D	0.54%
REPL	B	0.53%
ERAS	C	0.48%
ANNX	B	0.47%
OLMA	F	0.46%
MLYS	B	0.44%
YMAB	A	0.43%
IRWD	F	0.4%
CELC	D	0.4%
ALLO	D	0.38%
SVRA	D	0.37%
FLGT	C	0.37%
URGN	F	0.35%
ARCT	F	0.35%
AURA	B	0.34%
FULC	F	0.34%
ALT	D	0.32%
ALEC	D	0.3%
CMPS	F	0.29%
AVXL	A	0.29%
TBPH	C	0.28%
FDMT	F	0.27%
GHRS	D	0.25%
ALDX	D	0.21%
ACIU	F	0.2%
INZY	F	0.19%
STRO	D	0.19%
ITOS	F	0.19%
ENTA	D	0.17%
VNDA	D	0.17%
ZNTL	D	0.15%
HLVX	C	0.06%

SBIO Underweight 101 Positions Relative to RAVI

Symbol	Grade	Weight
VLO	F	-1.51%
ED	C	-1.05%
OGS	C	-1.05%
OTIS	B	-0.95%
PYPL	B	-0.95%
KDP	F	-0.95%
DHR	D	-0.86%
LYB	F	-0.83%
DTE	C	-0.77%
GE	D	-0.76%
TSN	D	-0.7%
WM	A	-0.69%
CI	D	-0.67%
CM	A	-0.62%
GP	F	-0.59%
GILD	A	-0.59%
TFC	C	-0.59%
AIG	B	-0.57%
SJM	F	-0.57%
NEE	D	-0.57%
BAC	B	-0.57%
AZO	D	-0.52%
NVDA	B	-0.52%
BNS	B	-0.52%
D	B	-0.51%
BDX	C	-0.51%
TD	F	-0.51%
RY	B	-0.51%
SYK	A	-0.49%
CCI	D	-0.49%
AON	A	-0.46%
UNH	C	-0.43%
BMY	A	-0.43%
AMZN	A	-0.42%
SCHW	B	-0.42%
CRM	A	-0.4%
VFC	A	-0.39%
OGE	C	-0.39%
ETR	A	-0.38%
AEP	D	-0.38%
CVX	A	-0.33%
NDAQ	B	-0.31%
ARCC	B	-0.3%
T	A	-0.3%
HSBC	A	-0.29%
CFG	A	-0.29%
MLM	A	-0.28%
DELL	A	-0.28%
CMCSA	A	-0.28%
DB	B	-0.28%
CP	F	-0.27%
WFC	B	-0.26%
CAT	B	-0.26%
CLX	B	-0.26%
LEN	D	-0.26%
SO	C	-0.26%
ATHS	A	-0.26%
GS	B	-0.26%
AL	B	-0.25%
C	A	-0.24%
CMS	C	-0.24%
FIS	B	-0.23%
MCHP	F	-0.22%
FITB	B	-0.22%
PPL	C	-0.22%
FOXA	A	-0.21%
NYC	C	-0.21%
CNP	C	-0.2%
SBUX	A	-0.18%
LUV	A	-0.18%
MKC	C	-0.17%
AEE	B	-0.17%
BHF	B	-0.17%
CVS	F	-0.16%
KEY	B	-0.16%
SEB	F	-0.16%
UBS	B	-0.16%
PSX	F	-0.16%
AZN	F	-0.15%
NWG	A	-0.15%
BA	F	-0.15%
ICE	C	-0.15%
MUFG	A	-0.14%
MET	C	-0.13%
DHI	D	-0.13%
AMT	D	-0.13%
CNH	A	-0.13%
ABBV	A	-0.13%
HPE	A	-0.11%
EFX	D	-0.1%
GM	B	-0.1%
VZ	D	-0.1%
MDLZ	D	-0.09%
R	A	-0.08%
HRL	F	-0.07%
ROP	D	-0.07%
DUK	C	-0.07%
COF	A	-0.06%
MS	B	-0.06%
PCAR	C	-0.05%
JPM	A	-0.03%

SBIO: Top Represented Industries & Keywords

Industries: Biotechnology Diagnostics & Research Drug Manufacturers - Specialty & Generic Medical Care Facilities