SKOR vs. ACVF ETF Comparison

Comparison of FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) to American Conservative Values ETF (ACVF)

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

$48.67

Average Daily Volume

48,998

Number of Holdings ^*

305

* may have additional holdings in another (foreign) market

ACVF

American Conservative Values ETF

ACVF Description

The investment seeks to achieve long-term capital appreciation; capital preservation is the secondary objective. Under normal circumstances, the fund seeks to meet its investment objective by investing at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities of U.S. companies that meet its politically conservative criteria. The equity securities in which It invests will generally be those of companies with large market capitalizations.

Grade (RS Rating)

Last Trade

$43.55

Average Daily Volume

8,820

Number of Holdings ^*

362

* may have additional holdings in another (foreign) market

Performance

Period	SKOR	ACVF
30 Days	0.12%	3.39%
60 Days	1.49%	10.81%
90 Days	2.93%	4.46%
12 Months	10.67%	33.11%

172 Overlapping Holdings

Symbol	Grade	Weight in SKOR	Weight in ACVF	Overlap
A	B	0.07%	0.07%	0.07%
AAP	F	0.02%	0.01%	0.01%
ABBV	C	0.08%	0.9%	0.08%
ADBE	F	0.09%	0.99%	0.09%
ADI	B	0.15%	0.51%	0.15%
ADP	A	0.07%	0.35%	0.07%
ADSK	B	0.08%	0.28%	0.08%
AEE	A	0.25%	0.01%	0.01%
AEP	C	0.02%	0.04%	0.02%
AFL	A	0.04%	0.06%	0.04%
AIG	C	0.04%	0.05%	0.04%
ALL	A	0.15%	0.05%	0.05%
AMCR	C	0.12%	0.05%	0.05%
AMGN	D	0.11%	0.41%	0.11%
AMP	A	0.07%	0.17%	0.07%
AMT	D	0.13%	0.24%	0.13%
AON	A	0.09%	0.16%	0.09%
APD	C	0.19%	0.17%	0.17%
APH	D	0.11%	0.19%	0.11%
ARE	D	0.04%	0.02%	0.02%
AVB	C	0.02%	0.06%	0.02%
AVGO	B	0.04%	2.15%	0.04%
AWK	D	0.07%	0.03%	0.03%
AZO	D	0.05%	0.29%	0.05%
BA	F	0.06%	0.2%	0.06%
BDX	C	0.08%	0.15%	0.08%
BK	A	0.05%	0.06%	0.05%
BMY	A	0.1%	0.31%	0.1%
BR	B	0.08%	0.06%	0.06%
BWA	C	0.13%	0.03%	0.03%
C	B	0.08%	0.42%	0.08%
CARR	A	0.09%	0.08%	0.08%
CB	A	0.1%	0.4%	0.1%
CBOE	B	0.08%	0.2%	0.08%
CCI	D	0.18%	0.12%	0.12%
CE	D	0.07%	0.01%	0.01%
CFG	C	0.07%	0.06%	0.06%
CHD	D	0.18%	0.05%	0.05%
CHTR	D	0.2%	0.35%	0.2%
CI	D	0.14%	0.63%	0.14%
CL	D	0.09%	0.25%	0.09%
CLX	C	0.02%	0.01%	0.01%
CME	A	0.12%	0.45%	0.12%
CMI	A	0.04%	0.15%	0.04%
CNP	B	0.1%	0.03%	0.03%
COF	A	0.02%	0.14%	0.02%
COST	C	0.1%	1.74%	0.1%
CSCO	A	0.04%	1.48%	0.04%
CSX	D	0.04%	0.19%	0.04%
CTAS	C	0.02%	0.38%	0.02%
CVS	D	0.16%	0.19%	0.16%
D	A	0.08%	0.03%	0.03%
DFS	A	0.11%	0.28%	0.11%
DG	F	0.16%	0.07%	0.07%
DHI	C	0.07%	0.14%	0.07%
DHR	D	0.09%	0.58%	0.09%
DLR	C	0.1%	0.1%	0.1%
DLTR	F	0.05%	0.03%	0.03%
DOW	B	0.17%	0.04%	0.04%
DTE	B	0.09%	0.05%	0.05%
DUK	C	0.08%	0.14%	0.08%
EA	D	0.04%	0.26%	0.04%
EBAY	A	0.08%	0.1%	0.08%
ECL	C	0.06%	0.17%	0.06%
ED	C	0.11%	0.01%	0.01%
EFX	D	0.05%	0.08%	0.05%
EIX	C	0.04%	0.06%	0.04%
ELV	F	0.18%	0.45%	0.18%
EMR	B	0.07%	0.18%	0.07%
EQIX	C	0.0%	0.25%	0.0%
EQR	C	0.02%	0.06%	0.02%
ES	D	0.04%	0.05%	0.04%
EW	F	0.08%	0.09%	0.08%
FITB	C	0.09%	0.11%	0.09%
FMC	C	0.07%	0.01%	0.01%
FOXA	B	0.25%	0.13%	0.13%
FTV	C	0.04%	0.05%	0.04%
GD	C	0.14%	0.08%	0.08%
GILD	A	0.13%	0.09%	0.09%
GIS	C	0.08%	0.08%	0.08%
GPN	F	0.17%	0.16%	0.16%
HBAN	B	0.08%	0.04%	0.04%
HCA	C	0.03%	0.11%	0.03%
HD	A	0.0%	1.79%	0.0%
HON	C	0.04%	0.44%	0.04%
HPQ	B	0.07%	0.16%	0.07%
HST	D	0.09%	0.02%	0.02%
HUM	F	0.12%	0.2%	0.12%
INTC	D	0.12%	0.32%	0.12%
INTU	F	0.1%	0.86%	0.1%
ITW	C	0.07%	0.15%	0.07%
JBHT	D	0.12%	0.02%	0.02%
KEY	B	0.08%	0.03%	0.03%
KEYS	B	0.08%	0.06%	0.06%
KLAC	B	0.08%	0.4%	0.08%
KMB	D	0.08%	0.09%	0.08%
KMI	A	0.28%	0.09%	0.09%
LEN	C	0.32%	0.1%	0.1%
LHX	A	0.1%	0.13%	0.1%
LMT	A	0.23%	0.37%	0.23%
MA	A	0.04%	1.67%	0.04%
MAA	D	0.02%	0.01%	0.01%
MAR	A	0.04%	0.44%	0.04%
MCD	A	0.04%	1.07%	0.04%
MCK	F	0.09%	0.22%	0.09%
MCO	D	0.07%	0.43%	0.07%
MDLZ	D	0.07%	0.76%	0.07%
MET	A	0.09%	0.26%	0.09%
MKC	C	0.07%	0.03%	0.03%
MMC	D	0.01%	0.27%	0.01%
MMM	C	0.08%	0.1%	0.08%
MO	D	0.1%	0.22%	0.1%
MS	A	0.04%	0.27%	0.04%
MSFT	D	0.04%	4.83%	0.04%
MSI	A	0.04%	0.78%	0.04%
MU	D	0.08%	0.36%	0.08%
NEE	C	0.04%	0.6%	0.04%
NOC	B	0.19%	0.19%	0.19%
NSC	C	0.07%	0.05%	0.05%
NXPI	F	0.21%	0.2%	0.2%
O	C	0.12%	0.03%	0.03%
OKE	A	0.14%	0.07%	0.07%
ORCL	A	0.11%	1.09%	0.11%
ORLY	A	0.08%	0.47%	0.08%
OTIS	A	0.07%	0.06%	0.06%
PEG	A	0.07%	0.09%	0.07%
PEP	F	0.24%	0.97%	0.24%
PG	D	0.06%	1.66%	0.06%
PH	A	0.02%	0.18%	0.02%
PHM	C	0.2%	0.04%	0.04%
PKG	B	0.07%	0.04%	0.04%
PLD	D	0.07%	0.37%	0.07%
PM	D	0.17%	0.59%	0.17%
PNC	C	0.03%	0.31%	0.03%
PPG	D	0.07%	0.07%	0.07%
PRU	B	0.0%	0.05%	0.0%
PSA	C	0.08%	0.16%	0.08%
QCOM	D	0.08%	0.59%	0.08%
ROK	D	0.06%	0.03%	0.03%
ROP	D	0.08%	0.46%	0.08%
RSG	D	0.04%	0.37%	0.04%
SCHW	D	0.04%	0.16%	0.04%
SHW	C	0.04%	0.21%	0.04%
SO	A	0.1%	0.79%	0.1%
SPG	A	0.22%	0.08%	0.08%
SPGI	C	0.08%	0.65%	0.08%
SRE	C	0.07%	0.03%	0.03%
STT	A	0.07%	0.1%	0.07%
SYF	A	0.08%	0.01%	0.01%
SYK	C	0.03%	0.3%	0.03%
TEL	D	0.07%	0.14%	0.07%
TFC	D	0.06%	0.19%	0.06%
TMO	D	0.19%	0.62%	0.19%
TMUS	A	0.14%	0.92%	0.14%
TPR	B	0.19%	0.03%	0.03%
TT	A	0.08%	0.18%	0.08%
TXN	C	0.07%	0.59%	0.07%
UNP	F	0.11%	0.4%	0.11%
UPS	D	0.08%	0.22%	0.08%
USB	C	0.07%	0.24%	0.07%
VRSK	D	0.1%	0.31%	0.1%
VRSN	C	0.19%	0.36%	0.19%
VTR	C	0.02%	0.04%	0.02%
WAB	A	0.06%	0.07%	0.06%
WEC	B	0.17%	0.05%	0.05%
WELL	C	0.08%	0.12%	0.08%
WFC	B	0.07%	0.57%	0.07%
WM	B	0.13%	0.42%	0.13%
WTW	C	0.06%	0.08%	0.06%
WY	C	0.1%	0.05%	0.05%
XEL	C	0.14%	0.07%	0.07%
ZTS	C	0.05%	0.18%	0.05%

SKOR Overweight 133 Positions Relative to ACVF

Symbol	Grade	Weight
GM	D	0.2%
NI	A	0.19%
MAS	C	0.19%
PAA	B	0.19%
JNJ	D	0.18%
TD	B	0.17%
ATO	A	0.17%
LII	C	0.16%
ARW	C	0.15%
RPRX	D	0.14%
CMCSA	B	0.14%
TDY	A	0.14%
ALLY	F	0.14%
WU	D	0.13%
BRX	C	0.12%
T	B	0.12%
CM	C	0.11%
SWK	C	0.11%
BHP	B	0.11%
K	B	0.11%
MKL	B	0.11%
NVT	C	0.11%
AMZN	C	0.11%
ATHS	A	0.11%
ARCC	A	0.11%
BMO	B	0.11%
LH	D	0.11%
BIDU	C	0.1%
LNT	B	0.1%
BKU	D	0.1%
TRMB	B	0.1%
GS	B	0.1%
V	B	0.1%
VNT	F	0.09%
IBM	A	0.09%
THG	A	0.09%
SBUX	B	0.09%
FHN	D	0.09%
DIS	D	0.09%
BXP	B	0.09%
CMA	C	0.09%
AGR	C	0.09%
FLO	D	0.09%
LAZ	C	0.09%
MLM	F	0.09%
BNS	C	0.09%
AAPL	C	0.09%
AFG	A	0.08%
AWH	F	0.08%
BG	F	0.08%
FAF	C	0.08%
LEA	F	0.08%
CSL	A	0.08%
CMS	A	0.08%
HP	D	0.08%
ORI	A	0.08%
H	B	0.08%
KO	C	0.08%
DSS	F	0.08%
AMH	D	0.08%
VLO	F	0.08%
DINO	F	0.08%
KDP	C	0.08%
NDAQ	C	0.08%
WHR	C	0.08%
BRO	A	0.08%
NFG	A	0.08%
JEF	A	0.08%
BLK	A	0.08%
GLPI	C	0.08%
AVT	B	0.07%
KMPR	D	0.07%
NTAP	D	0.07%
PCG	C	0.07%
DGX	D	0.07%
CPT	C	0.07%
SBRA	C	0.07%
WB	B	0.07%
ALLE	A	0.07%
BAX	D	0.07%
DOV	C	0.07%
BKH	C	0.07%
ESS	D	0.07%
GSBD	D	0.07%
CUBE	C	0.07%
HUBB	A	0.07%
AXP	A	0.07%
EPD	A	0.07%
BABA	A	0.07%
HSBC	A	0.07%
SKT	A	0.06%
REG	C	0.06%
CPB	D	0.06%
SCS	D	0.06%
GL	C	0.06%
WPC	C	0.06%
AL	D	0.06%
NNN	C	0.06%
SITC	D	0.05%
DT	B	0.05%
RY	C	0.05%
AER	C	0.05%
PDM	C	0.04%
KIM	C	0.04%
STLD	C	0.04%
HPP	F	0.04%
VOYA	A	0.04%
KRG	C	0.04%
RNR	A	0.04%
AIZ	B	0.04%
SJM	D	0.04%
RPM	A	0.04%
PGR	B	0.04%
HII	F	0.04%
AXS	A	0.04%
HIW	C	0.04%
KRC	C	0.04%
LOW	C	0.04%
DB	A	0.04%
FLS	A	0.03%
GOOGL	B	0.03%
FNF	C	0.03%
VZ	C	0.03%
BDN	B	0.02%
PYPL	A	0.02%
AVY	D	0.02%
MUFG	D	0.02%
WMT	A	0.02%
UNH	B	0.02%
CP	C	0.01%
JPM	C	0.01%
OHI	C	0.0%
BAC	B	0.0%

SKOR Underweight 190 Positions Relative to ACVF

Symbol	Grade	Weight
NVDA	B	-7.07%
BRK.A	B	-2.8%
LLY	D	-1.74%
TSLA	C	-1.54%
XOM	A	-1.42%
LIN	C	-0.93%
TJX	D	-0.89%
ACN	B	-0.88%
NOW	B	-0.84%
BKNG	B	-0.84%
MRK	F	-0.78%
ANET	A	-0.71%
FI	A	-0.69%
AMD	C	-0.69%
CVX	B	-0.68%
AMAT	C	-0.62%
ISRG	C	-0.59%
ETN	B	-0.58%
UBER	C	-0.57%
CAT	A	-0.54%
ABT	C	-0.52%
CPRT	B	-0.51%
GE	B	-0.48%
SNPS	F	-0.48%
LRCX	D	-0.47%
RTX	A	-0.44%
PANW	B	-0.43%
CDNS	D	-0.43%
DE	C	-0.43%
ICE	A	-0.41%
SPOT	C	-0.41%
GRMN	D	-0.4%
ABNB	D	-0.38%
BX	C	-0.37%
ROST	D	-0.35%
FICO	C	-0.33%
OMC	C	-0.31%
MPC	D	-0.3%
VRTX	D	-0.3%
MDT	C	-0.3%
EXPE	B	-0.29%
REGN	D	-0.29%
BSX	A	-0.28%
DASH	A	-0.27%
CTSH	B	-0.25%
FCX	B	-0.23%
HPE	B	-0.22%
TSCO	A	-0.21%
COP	D	-0.21%
IPG	D	-0.21%
WDAY	D	-0.2%
FFIV	B	-0.2%
KKR	A	-0.2%
ZBRA	B	-0.2%
TTWO	D	-0.19%
STZ	D	-0.19%
IT	A	-0.19%
MNST	D	-0.18%
JCI	C	-0.18%
HLT	A	-0.17%
ANSS	D	-0.17%
BLDR	C	-0.16%
MANH	A	-0.16%
GEV	A	-0.16%
JBL	C	-0.16%
FDX	F	-0.15%
RBA	D	-0.15%
CRWD	D	-0.14%
CBRE	C	-0.14%
SKX	B	-0.14%
PARA	F	-0.14%
FTNT	A	-0.14%
SLB	D	-0.14%
RKT	D	-0.13%
FIS	A	-0.13%
TDG	A	-0.13%
NWSA	D	-0.12%
LAD	C	-0.12%
EOG	B	-0.12%
F	D	-0.12%
PAYX	B	-0.12%
PCAR	D	-0.12%
CTVA	A	-0.11%
PINS	D	-0.11%
FOX	B	-0.11%
NWS	D	-0.11%
CEG	A	-0.1%
NUE	D	-0.1%
NEM	C	-0.1%
GWW	B	-0.1%
FAST	C	-0.1%
ADM	F	-0.09%
IQV	F	-0.09%
MGM	D	-0.09%
LYV	A	-0.09%
OXY	D	-0.09%
HIG	A	-0.08%
RF	B	-0.08%
GEHC	C	-0.08%
WMB	A	-0.08%
VLTO	A	-0.08%
GLW	C	-0.08%
RCL	B	-0.08%
GPC	D	-0.07%
NTRS	B	-0.07%
BKR	B	-0.07%
RJF	B	-0.07%
KSS	D	-0.07%
TROW	D	-0.07%
IR	A	-0.07%
ODFL	F	-0.07%
MCHP	F	-0.07%
CNC	F	-0.07%
LUV	B	-0.06%
DD	C	-0.06%
AAL	D	-0.06%
UAA	B	-0.06%
CAH	B	-0.06%
KHC	F	-0.06%
UA	B	-0.06%
BALL	C	-0.06%
ETSY	F	-0.06%
DRI	C	-0.06%
AME	C	-0.06%
IP	C	-0.06%
CDW	D	-0.06%
BBY	C	-0.06%
RMD	C	-0.05%
TRV	B	-0.05%
EL	D	-0.05%
EXPD	D	-0.05%
IDXX	D	-0.05%
ILMN	B	-0.05%
DXCM	F	-0.05%
CINF	A	-0.05%
STX	C	-0.05%
TYL	D	-0.05%
HAL	D	-0.05%
AJG	C	-0.05%
FE	C	-0.05%
LYB	B	-0.05%
HSY	D	-0.05%
APTV	D	-0.05%
LVS	B	-0.05%
MSCI	B	-0.05%
L	C	-0.04%
KR	C	-0.04%
EXC	C	-0.04%
HES	D	-0.04%
VEEV	C	-0.04%
ULTA	D	-0.04%
UAL	A	-0.04%
YUM	C	-0.04%
DPZ	D	-0.04%
J	F	-0.04%
WYNN	B	-0.03%
XYL	C	-0.03%
BBWI	F	-0.03%
PWR	A	-0.03%
CHRW	C	-0.03%
ZBH	F	-0.03%
PFG	A	-0.03%
POOL	D	-0.03%
SYY	D	-0.03%
PAYC	D	-0.02%
EXR	D	-0.02%
PVH	D	-0.02%
RL	B	-0.02%
INCY	B	-0.02%
IFF	D	-0.02%
MOS	F	-0.02%
SBAC	C	-0.02%
WBA	F	-0.02%
BIIB	F	-0.02%
LKQ	F	-0.02%
HOLX	D	-0.02%
SW	C	-0.02%
VMC	D	-0.02%
MKTX	B	-0.02%
PHIN	D	-0.01%
SLVM	C	-0.01%
ALB	D	-0.01%
AES	C	-0.01%
BEN	F	-0.01%
SOLV	C	-0.01%
HAS	A	-0.01%
MTD	C	-0.0%
EMBC	F	-0.0%
FTRE	F	-0.0%
IVZ	A	-0.0%