SKOR vs. BTHM ETF Comparison

Comparison of FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) to BlackRock Future U.S. Themes ETF (BTHM)

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

$47.61

Average Daily Volume

37,231

Number of Holdings ^*

307

* may have additional holdings in another (foreign) market

BTHM

BlackRock Future U.S. Themes ETF

BTHM Description

BlackRock Future U.S. Themes ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth stocks of companies across diversified market capitalization. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index. The fund employs proprietary research to create its portfolio. BlackRock Future U.S. Themes ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$31.26

Average Daily Volume

484

Number of Holdings ^*

142

* may have additional holdings in another (foreign) market

Performance

Period	SKOR	BTHM
30 Days	0.82%	5.55%
60 Days	1.88%	12.80%
90 Days	0.55%	6.43%
12 Months	5.64%	33.67%

48 Overlapping Holdings

Symbol	Grade	Weight in SKOR	Weight in BTHM	Overlap
AAPL	B	0.09%	4.67%	0.09%
ADBE	C	0.09%	0.22%	0.09%
ADI	B	0.15%	0.32%	0.15%
ADP	B	0.07%	0.23%	0.07%
AMZN	A	0.11%	3.31%	0.11%
APH	B	0.11%	2.22%	0.11%
AVGO	B	0.04%	3.6%	0.04%
AZO	C	0.05%	0.15%	0.05%
CHD	A	0.18%	0.06%	0.06%
CL	A	0.09%	0.95%	0.09%
COST	B	0.1%	2.85%	0.1%
CTAS	A	0.02%	0.06%	0.02%
EA	B	0.04%	0.44%	0.04%
ECL	A	0.06%	0.11%	0.06%
EW	B	0.08%	0.02%	0.02%
GOOGL	A	0.03%	1.23%	0.03%
HD	B	0.0%	0.91%	0.0%
HUBB	C	0.07%	0.22%	0.07%
ITW	D	0.07%	0.1%	0.07%
K	D	0.11%	0.07%	0.07%
KLAC	B	0.08%	0.09%	0.08%
KO	A	0.08%	0.77%	0.08%
LOW	C	0.04%	0.88%	0.04%
MA	C	0.04%	0.6%	0.04%
MAR	B	0.04%	0.26%	0.04%
MCK	A	0.09%	0.25%	0.09%
MLM	D	0.09%	0.24%	0.09%
MMC	A	0.01%	0.18%	0.01%
MO	A	0.1%	0.3%	0.1%
MSFT	A	0.04%	5.65%	0.04%
MSI	A	0.04%	0.12%	0.04%
NXPI	B	0.21%	0.05%	0.05%
ORCL	B	0.11%	0.51%	0.11%
ORLY	B	0.08%	0.16%	0.08%
OTIS	C	0.07%	0.2%	0.07%
PG	A	0.06%	1.94%	0.06%
PGR	C	0.04%	0.08%	0.04%
PHM	D	0.2%	0.66%	0.2%
PM	B	0.17%	0.43%	0.17%
QCOM	B	0.08%	0.69%	0.08%
RSG	B	0.04%	0.55%	0.04%
STLD	C	0.04%	0.2%	0.04%
SYK	B	0.03%	1.49%	0.03%
TT	B	0.08%	1.0%	0.08%
TXN	B	0.07%	0.72%	0.07%
VRSK	A	0.1%	0.18%	0.1%
WM	C	0.13%	0.08%	0.08%
WMT	A	0.02%	1.55%	0.02%

SKOR Overweight 259 Positions Relative to BTHM

Symbol	Grade	Weight
LEN	D	0.32%
KMI	A	0.28%
FOXA	A	0.25%
AEE	D	0.25%
PEP	C	0.24%
LMT	A	0.23%
SPG	B	0.22%
CHTR	C	0.2%
GM	B	0.2%
VRSN	C	0.19%
NI	B	0.19%
MAS	D	0.19%
TPR	C	0.19%
PAA	C	0.19%
APD	B	0.19%
TMO	D	0.19%
NOC	D	0.19%
ELV	B	0.18%
CCI	D	0.18%
JNJ	C	0.18%
TD	F	0.17%
DOW	D	0.17%
GPN	F	0.17%
WEC	D	0.17%
ATO	B	0.17%
DG	D	0.16%
LII	A	0.16%
CVS	C	0.16%
ARW	C	0.15%
ALL	D	0.15%
RPRX	D	0.14%
XEL	D	0.14%
CMCSA	D	0.14%
TDY	D	0.14%
CI	C	0.14%
ALLY	B	0.14%
OKE	C	0.14%
GD	A	0.14%
TMUS	B	0.14%
WU	C	0.13%
BWA	F	0.13%
GILD	C	0.13%
AMT	B	0.13%
JBHT	F	0.12%
BRX	B	0.12%
O	C	0.12%
AMCR	B	0.12%
CME	D	0.12%
T	A	0.12%
INTC	F	0.12%
HUM	C	0.12%
AMGN	B	0.11%
CM	D	0.11%
SWK	D	0.11%
BHP	D	0.11%
ED	D	0.11%
MKL	B	0.11%
NVT	B	0.11%
ATHS	A	0.11%
UNP	D	0.11%
ARCC	B	0.11%
BMO	D	0.11%
DFS	B	0.11%
LH	C	0.11%
DLR	B	0.1%
BMY	D	0.1%
BIDU	F	0.1%
WY	D	0.1%
CNP	A	0.1%
LNT	C	0.1%
BKU	C	0.1%
TRMB	C	0.1%
CB	B	0.1%
INTU	C	0.1%
SO	B	0.1%
GS	B	0.1%
LHX	A	0.1%
V	C	0.1%
VNT	C	0.09%
IBM	C	0.09%
THG	D	0.09%
SBUX	D	0.09%
MET	C	0.09%
DHR	B	0.09%
CARR	B	0.09%
FHN	C	0.09%
DIS	C	0.09%
DTE	C	0.09%
BXP	C	0.09%
CMA	C	0.09%
AGR	D	0.09%
HST	C	0.09%
FLO	D	0.09%
LAZ	D	0.09%
BNS	D	0.09%
AON	C	0.09%
FITB	C	0.09%
KMB	A	0.08%
BR	B	0.08%
AFG	C	0.08%
PSA	B	0.08%
ADSK	B	0.08%
AWH	F	0.08%
BG	C	0.08%
FAF	D	0.08%
LEA	F	0.08%
HBAN	C	0.08%
BDX	C	0.08%
EBAY	A	0.08%
CSL	B	0.08%
CMS	D	0.08%
HP	F	0.08%
ORI	C	0.08%
H	C	0.08%
UPS	D	0.08%
TCN	A	0.08%
CBOE	C	0.08%
DSS	F	0.08%
AMH	C	0.08%
VLO	D	0.08%
DINO	D	0.08%
KEYS	D	0.08%
KDP	A	0.08%
NDAQ	C	0.08%
WHR	D	0.08%
ROP	A	0.08%
BRO	A	0.08%
WELL	B	0.08%
SPGI	B	0.08%
GIS	C	0.08%
NFG	C	0.08%
JEF	B	0.08%
BLK	B	0.08%
KEY	D	0.08%
MMM	B	0.08%
MU	B	0.08%
DUK	C	0.08%
GLPI	B	0.08%
SYF	B	0.08%
D	D	0.08%
ABBV	B	0.08%
C	D	0.08%
EMR	C	0.07%
AVT	B	0.07%
KMPR	C	0.07%
PLD	C	0.07%
NTAP	B	0.07%
DHI	C	0.07%
PCG	C	0.07%
PPG	D	0.07%
DGX	B	0.07%
CPT	A	0.07%
SBRA	A	0.07%
WB	F	0.07%
ALLE	D	0.07%
BAX	D	0.07%
CE	D	0.07%
DOV	B	0.07%
A	C	0.07%
BKH	C	0.07%
ESS	B	0.07%
GSBD	B	0.07%
PKG	B	0.07%
FMC	D	0.07%
NSC	D	0.07%
TEL	A	0.07%
MKC	D	0.07%
USB	C	0.07%
AWK	B	0.07%
AMP	A	0.07%
CUBE	B	0.07%
CFG	C	0.07%
MCO	A	0.07%
STT	D	0.07%
SRE	B	0.07%
MDLZ	D	0.07%
PEG	B	0.07%
HPQ	B	0.07%
AXP	C	0.07%
EPD	B	0.07%
BABA	F	0.07%
HSBC	B	0.07%
WFC	C	0.07%
ROK	F	0.06%
SKT	D	0.06%
REG	B	0.06%
AEL	A	0.06%
CPB	C	0.06%
WAB	C	0.06%
SCS	C	0.06%
GL	C	0.06%
BA	D	0.06%
WPC	D	0.06%
AL	C	0.06%
WTW	B	0.06%
TFC	C	0.06%
NNN	B	0.06%
SITC	B	0.05%
DT	F	0.05%
EFX	B	0.05%
RY	B	0.05%
BK	B	0.05%
AER	A	0.05%
DLTR	F	0.05%
ZTS	C	0.05%
PDM	B	0.04%
KIM	B	0.04%
HPP	D	0.04%
VOYA	B	0.04%
KRG	B	0.04%
FTV	D	0.04%
RNR	B	0.04%
AIZ	D	0.04%
SJM	F	0.04%
RPM	B	0.04%
ARE	C	0.04%
CMI	C	0.04%
HII	D	0.04%
AXS	B	0.04%
HIW	B	0.04%
AIG	C	0.04%
CSX	D	0.04%
AFL	A	0.04%
HON	A	0.04%
ES	D	0.04%
MCD	D	0.04%
CSCO	C	0.04%
KRC	F	0.04%
SCHW	C	0.04%
SHW	C	0.04%
DB	D	0.04%
EIX	D	0.04%
NEE	B	0.04%
MS	B	0.04%
FLS	C	0.03%
FNF	C	0.03%
HCA	A	0.03%
PNC	C	0.03%
VZ	B	0.03%
PH	D	0.02%
AAP	C	0.02%
BDN	D	0.02%
MAA	B	0.02%
EQR	A	0.02%
PYPL	D	0.02%
AVB	A	0.02%
CLX	D	0.02%
AVY	A	0.02%
VTR	A	0.02%
COF	D	0.02%
AEP	C	0.02%
MUFG	D	0.02%
UNH	D	0.02%
CP	D	0.01%
JPM	B	0.01%
EQIX	C	0.0%
OHI	A	0.0%
PRU	B	0.0%
BAC	B	0.0%

SKOR Underweight 94 Positions Relative to BTHM

Symbol	Grade	Weight
NVDA	B	-10.39%
TJX	A	-3.22%
BRK.A	C	-2.61%
BSX	A	-2.15%
META	B	-2.03%
CDNS	B	-1.76%
CHKP	B	-1.5%
SCCO	C	-1.08%
GOOG	A	-1.06%
XOM	D	-1.05%
CEG	B	-0.98%
VST	C	-0.98%
ANF	B	-0.96%
NRG	B	-0.93%
GE	B	-0.82%
EME	B	-0.81%
COP	D	-0.81%
SNPS	B	-0.8%
AMAT	B	-0.8%
AXON	C	-0.78%
DECK	B	-0.75%
LIN	B	-0.71%
ACN	C	-0.69%
SSNC	C	-0.69%
JBL	F	-0.64%
WCN	A	-0.62%
LRCX	B	-0.62%
ODFL	D	-0.59%
IR	B	-0.56%
TRGP	B	-0.52%
LECO	D	-0.51%
GPS	C	-0.49%
DDS	D	-0.49%
FIX	C	-0.49%
DKS	B	-0.48%
GGG	D	-0.48%
CPRT	C	-0.46%
PTC	C	-0.46%
BAH	B	-0.46%
AME	D	-0.43%
VMC	D	-0.43%
CRWD	B	-0.43%
MNST	F	-0.42%
NFLX	A	-0.41%
FANG	C	-0.41%
CLH	A	-0.4%
PAYX	A	-0.35%
HLT	A	-0.35%
EXP	D	-0.33%
ATR	B	-0.33%
WSM	C	-0.3%
BKR	C	-0.29%
EOG	C	-0.28%
GWW	C	-0.28%
ALGN	F	-0.26%
RL	B	-0.24%
PWR	B	-0.24%
KR	D	-0.23%
ROST	A	-0.22%
NUE	D	-0.22%
FFIV	D	-0.22%
ULTA	F	-0.19%
FAST	C	-0.19%
EHC	B	-0.18%
MUSA	A	-0.17%
LKQ	F	-0.16%
GRMN	B	-0.16%
ITT	C	-0.16%
PAG	D	-0.15%
YUM	D	-0.15%
VLTO	B	-0.15%
TENB	F	-0.15%
CACI	A	-0.14%
ACM	C	-0.13%
GPC	D	-0.13%
CHX	C	-0.13%
DRI	C	-0.12%
LULU	F	-0.12%
CRM	D	-0.11%
OC	B	-0.11%
SKX	B	-0.08%
UBER	C	-0.07%
AMD	B	-0.06%
OLED	A	-0.05%
CHRD	D	-0.05%
CMG	B	-0.04%
DVN	D	-0.02%
CAT	C	-0.02%
CAH	B	-0.02%
FTNT	F	-0.02%
CDW	C	-0.02%
MPWR	B	-0.02%
KLG	F	-0.01%
RS	D	-0.01%