SKOR vs. JVAL ETF Comparison

Comparison of FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) to JPMorgan U.S. Value Factor ETF (JVAL)

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

$49.19

Average Daily Volume

45,796

Number of Holdings ^*

305

* may have additional holdings in another (foreign) market

JVAL

JPMorgan U.S. Value Factor ETF

JVAL Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent value factor characteristics.

Grade (RS Rating)

Last Trade

$43.51

Average Daily Volume

98,447

Number of Holdings ^*

359

* may have additional holdings in another (foreign) market

Performance

Period	SKOR	JVAL
30 Days	1.23%	2.74%
60 Days	2.85%	3.79%
90 Days	4.47%	7.12%
12 Months	10.86%	28.40%

113 Overlapping Holdings

Symbol	Grade	Weight in SKOR	Weight in JVAL	Overlap
AAP	F	0.02%	0.08%	0.02%
AAPL	C	0.09%	2.01%	0.09%
ADBE	F	0.09%	0.83%	0.09%
ADI	C	0.15%	0.58%	0.15%
ADSK	B	0.08%	0.29%	0.08%
AGR	C	0.09%	0.1%	0.09%
AIG	D	0.04%	0.36%	0.04%
ALLY	F	0.14%	0.2%	0.14%
AMCR	B	0.12%	0.26%	0.12%
AMGN	D	0.11%	0.75%	0.11%
APH	C	0.11%	0.44%	0.11%
ARW	B	0.15%	0.22%	0.15%
AVGO	C	0.04%	1.69%	0.04%
AVT	B	0.07%	0.2%	0.07%
AXS	B	0.04%	0.15%	0.04%
BAC	D	0.0%	0.38%	0.0%
BAX	C	0.07%	0.15%	0.07%
BDX	D	0.08%	0.06%	0.06%
BG	F	0.08%	0.13%	0.08%
BK	B	0.05%	0.41%	0.05%
BMY	C	0.1%	0.45%	0.1%
BRX	C	0.12%	0.01%	0.01%
BWA	C	0.13%	0.16%	0.13%
C	C	0.08%	0.61%	0.08%
CE	D	0.07%	0.05%	0.05%
CFG	D	0.07%	0.3%	0.07%
CI	C	0.14%	0.54%	0.14%
CMA	C	0.09%	0.2%	0.09%
CMCSA	C	0.14%	0.48%	0.14%
CMI	B	0.04%	0.36%	0.04%
COF	B	0.02%	0.41%	0.02%
CPB	C	0.06%	0.22%	0.06%
CSCO	B	0.04%	0.69%	0.04%
CVS	D	0.16%	0.41%	0.16%
D	C	0.08%	0.1%	0.08%
DGX	B	0.07%	0.26%	0.07%
DHI	C	0.07%	0.46%	0.07%
DINO	F	0.08%	0.18%	0.08%
DOV	B	0.07%	0.28%	0.07%
DOW	C	0.17%	0.27%	0.17%
DT	C	0.05%	0.15%	0.05%
EBAY	B	0.08%	0.34%	0.08%
ED	B	0.11%	0.33%	0.11%
ELV	D	0.18%	0.61%	0.18%
EQR	C	0.02%	0.03%	0.02%
FAF	B	0.08%	0.21%	0.08%
FHN	D	0.09%	0.15%	0.09%
FITB	B	0.09%	0.3%	0.09%
FMC	B	0.07%	0.13%	0.07%
FOXA	B	0.25%	0.25%	0.25%
GD	C	0.14%	0.39%	0.14%
GILD	B	0.13%	0.5%	0.13%
GIS	B	0.08%	0.34%	0.08%
GLPI	C	0.08%	0.12%	0.08%
GM	C	0.2%	0.38%	0.2%
GOOGL	D	0.03%	1.71%	0.03%
HBAN	B	0.08%	0.26%	0.08%
HD	B	0.0%	0.83%	0.0%
HII	F	0.04%	0.22%	0.04%
HIW	C	0.04%	0.25%	0.04%
HPQ	C	0.07%	0.3%	0.07%
HST	D	0.09%	0.08%	0.08%
HUM	F	0.12%	0.23%	0.12%
IBM	B	0.09%	0.89%	0.09%
INTC	D	0.12%	0.41%	0.12%
INTU	D	0.1%	0.79%	0.1%
JEF	C	0.08%	0.24%	0.08%
JNJ	C	0.18%	1.4%	0.18%
K	A	0.11%	0.19%	0.11%
KEY	C	0.08%	0.2%	0.08%
KIM	C	0.04%	0.23%	0.04%
KLAC	D	0.08%	0.52%	0.08%
KMI	C	0.28%	0.34%	0.28%
KRC	C	0.04%	0.15%	0.04%
LEA	D	0.08%	0.15%	0.08%
LEN	B	0.32%	0.39%	0.32%
LHX	C	0.1%	0.29%	0.1%
MO	C	0.1%	0.5%	0.1%
MSFT	C	0.04%	1.83%	0.04%
MU	D	0.08%	0.36%	0.08%
NFG	B	0.08%	0.21%	0.08%
NNN	B	0.06%	0.12%	0.06%
NTAP	D	0.07%	0.26%	0.07%
NVT	C	0.11%	0.03%	0.03%
OHI	C	0.0%	0.24%	0.0%
ORCL	B	0.11%	1.01%	0.11%
ORI	B	0.08%	0.25%	0.08%
PH	B	0.02%	0.14%	0.02%
PHM	B	0.2%	0.34%	0.2%
PKG	B	0.07%	0.28%	0.07%
PM	C	0.17%	0.55%	0.17%
PNC	C	0.03%	0.12%	0.03%
PRU	C	0.0%	0.35%	0.0%
QCOM	D	0.08%	0.81%	0.08%
REG	C	0.06%	0.13%	0.06%
ROP	C	0.08%	0.39%	0.08%
SJM	C	0.04%	0.17%	0.04%
SPG	B	0.22%	0.32%	0.22%
STT	B	0.07%	0.29%	0.07%
SWK	B	0.11%	0.15%	0.11%
SYF	C	0.08%	0.3%	0.08%
T	B	0.12%	0.71%	0.12%
TFC	D	0.06%	0.42%	0.06%
TPR	A	0.19%	0.21%	0.19%
TXN	B	0.07%	0.84%	0.07%
UNH	C	0.02%	1.84%	0.02%
USB	C	0.07%	0.39%	0.07%
VLO	F	0.08%	0.23%	0.08%
VRSN	C	0.19%	0.14%	0.14%
VZ	A	0.03%	0.12%	0.03%
WHR	C	0.08%	0.19%	0.08%
WPC	C	0.06%	0.1%	0.06%
WU	C	0.13%	0.18%	0.13%

SKOR Overweight 192 Positions Relative to JVAL

Symbol	Grade	Weight
AEE	B	0.25%
PEP	D	0.24%
LMT	A	0.23%
NXPI	D	0.21%
CHTR	D	0.2%
NI	B	0.19%
MAS	B	0.19%
PAA	D	0.19%
APD	B	0.19%
TMO	B	0.19%
NOC	B	0.19%
CHD	C	0.18%
CCI	C	0.18%
TD	C	0.17%
GPN	D	0.17%
WEC	B	0.17%
ATO	B	0.17%
DG	F	0.16%
LII	C	0.16%
ALL	C	0.15%
RPRX	C	0.14%
XEL	B	0.14%
TDY	B	0.14%
OKE	C	0.14%
TMUS	B	0.14%
WM	D	0.13%
AMT	C	0.13%
JBHT	D	0.12%
O	B	0.12%
CME	B	0.12%
CM	B	0.11%
BHP	C	0.11%
MKL	C	0.11%
AMZN	C	0.11%
ATHS	A	0.11%
UNP	D	0.11%
ARCC	A	0.11%
BMO	C	0.11%
DFS	C	0.11%
LH	D	0.11%
VRSK	D	0.1%
DLR	B	0.1%
BIDU	C	0.1%
WY	C	0.1%
CNP	C	0.1%
LNT	A	0.1%
BKU	D	0.1%
TRMB	C	0.1%
CB	B	0.1%
COST	C	0.1%
SO	B	0.1%
GS	B	0.1%
V	C	0.1%
VNT	F	0.09%
THG	C	0.09%
SBUX	C	0.09%
MET	B	0.09%
DHR	B	0.09%
CARR	B	0.09%
DIS	D	0.09%
DTE	A	0.09%
BXP	C	0.09%
CL	C	0.09%
MCK	F	0.09%
FLO	C	0.09%
LAZ	B	0.09%
MLM	D	0.09%
BNS	B	0.09%
AON	B	0.09%
KMB	C	0.08%
BR	C	0.08%
AFG	C	0.08%
PSA	C	0.08%
AWH	F	0.08%
CSL	B	0.08%
CMS	B	0.08%
HP	F	0.08%
H	B	0.08%
UPS	D	0.08%
CBOE	C	0.08%
KO	B	0.08%
DSS	F	0.08%
AMH	D	0.08%
EW	F	0.08%
KEYS	B	0.08%
KDP	B	0.08%
NDAQ	C	0.08%
BRO	C	0.08%
WELL	C	0.08%
TT	B	0.08%
SPGI	C	0.08%
ORLY	B	0.08%
BLK	B	0.08%
MMM	B	0.08%
DUK	B	0.08%
ABBV	B	0.08%
ADP	C	0.07%
EMR	D	0.07%
KMPR	D	0.07%
PLD	C	0.07%
PCG	C	0.07%
PPG	C	0.07%
CPT	C	0.07%
SBRA	C	0.07%
WB	C	0.07%
ALLE	B	0.07%
ITW	B	0.07%
A	C	0.07%
BKH	B	0.07%
ESS	C	0.07%
GSBD	D	0.07%
NSC	C	0.07%
TEL	D	0.07%
MKC	C	0.07%
AWK	C	0.07%
AMP	B	0.07%
CUBE	C	0.07%
HUBB	B	0.07%
OTIS	B	0.07%
MCO	C	0.07%
SRE	B	0.07%
MDLZ	C	0.07%
PEG	B	0.07%
AXP	B	0.07%
EPD	C	0.07%
BABA	B	0.07%
HSBC	B	0.07%
WFC	D	0.07%
ROK	D	0.06%
SKT	B	0.06%
WAB	B	0.06%
SCS	D	0.06%
GL	D	0.06%
BA	F	0.06%
ECL	B	0.06%
AL	C	0.06%
WTW	B	0.06%
PG	C	0.06%
SITC	D	0.05%
EFX	C	0.05%
RY	A	0.05%
AER	C	0.05%
DLTR	F	0.05%
AZO	B	0.05%
ZTS	B	0.05%
PDM	C	0.04%
STLD	C	0.04%
HPP	F	0.04%
VOYA	B	0.04%
KRG	C	0.04%
FTV	C	0.04%
RNR	B	0.04%
AIZ	B	0.04%
RPM	B	0.04%
EA	D	0.04%
ARE	C	0.04%
PGR	C	0.04%
CSX	C	0.04%
AFL	A	0.04%
HON	C	0.04%
ES	B	0.04%
MCD	B	0.04%
MSI	B	0.04%
MAR	B	0.04%
SCHW	D	0.04%
SHW	B	0.04%
RSG	D	0.04%
LOW	B	0.04%
DB	B	0.04%
EIX	B	0.04%
MA	B	0.04%
NEE	B	0.04%
MS	B	0.04%
FLS	C	0.03%
SYK	C	0.03%
FNF	B	0.03%
HCA	B	0.03%
CTAS	C	0.02%
BDN	C	0.02%
MAA	C	0.02%
PYPL	B	0.02%
AVB	C	0.02%
CLX	C	0.02%
AVY	C	0.02%
VTR	C	0.02%
AEP	C	0.02%
MUFG	D	0.02%
WMT	B	0.02%
MMC	C	0.01%
CP	C	0.01%
JPM	D	0.01%
EQIX	B	0.0%

SKOR Underweight 246 Positions Relative to JVAL

Symbol	Grade	Weight
META	B	-2.07%
CRM	C	-0.88%
MRK	F	-0.84%
CAT	B	-0.83%
PFE	D	-0.77%
CVX	F	-0.68%
AMAT	D	-0.68%
MDT	B	-0.57%
RTX	B	-0.48%
FDX	D	-0.46%
LRCX	D	-0.46%
PANW	D	-0.42%
APP	C	-0.41%
MPC	F	-0.38%
MRVL	D	-0.38%
TGT	C	-0.37%
JCI	B	-0.37%
PSX	F	-0.37%
GLW	B	-0.34%
PCAR	D	-0.34%
ETR	A	-0.32%
F	F	-0.32%
CTSH	B	-0.32%
DD	B	-0.31%
KR	B	-0.31%
VICI	C	-0.31%
KHC	C	-0.3%
NUE	D	-0.3%
VRT	C	-0.3%
MCHP	D	-0.3%
PPL	A	-0.29%
TOL	A	-0.29%
GRMN	D	-0.29%
BLDR	C	-0.29%
GDDY	C	-0.29%
LDOS	A	-0.28%
LYB	D	-0.28%
CDW	D	-0.28%
PNR	B	-0.28%
UHS	C	-0.28%
ON	D	-0.28%
SSNC	C	-0.28%
CAG	B	-0.27%
OMC	B	-0.27%
BBY	A	-0.27%
WDAY	D	-0.27%
MTG	B	-0.26%
UNM	B	-0.26%
FFIV	B	-0.26%
EVRG	B	-0.26%
CCK	B	-0.26%
DASH	B	-0.26%
FTNT	B	-0.26%
ADM	D	-0.26%
ALSN	B	-0.26%
HRB	C	-0.26%
HPE	C	-0.25%
ZM	C	-0.25%
PFG	B	-0.25%
WSM	C	-0.25%
DRI	C	-0.25%
BPOP	C	-0.25%
CACI	B	-0.25%
SNA	B	-0.25%
R	C	-0.25%
CNC	D	-0.25%
MTB	C	-0.24%
NVR	B	-0.24%
SAIC	C	-0.24%
GPK	C	-0.24%
SCI	C	-0.24%
OC	C	-0.24%
HOG	C	-0.24%
MPWR	B	-0.24%
IP	C	-0.24%
RF	B	-0.24%
TWLO	C	-0.24%
RS	D	-0.24%
OGE	B	-0.24%
MRO	D	-0.24%
TER	C	-0.24%
PNW	C	-0.24%
AKAM	D	-0.23%
COHR	C	-0.23%
DKS	D	-0.23%
UTHR	B	-0.23%
EPR	C	-0.23%
IT	C	-0.23%
SLGN	B	-0.23%
NWSA	D	-0.22%
THC	C	-0.22%
MTCH	C	-0.22%
BC	C	-0.22%
UGI	B	-0.22%
WCC	C	-0.22%
DBX	C	-0.22%
WAL	B	-0.22%
CTRA	F	-0.22%
DNB	D	-0.22%
DOX	C	-0.22%
OLED	D	-0.22%
VTRS	D	-0.22%
NXST	D	-0.22%
MAN	C	-0.21%
AN	C	-0.21%
PAYC	D	-0.21%
MOS	F	-0.21%
DAL	C	-0.21%
KBR	D	-0.21%
CRUS	D	-0.21%
RL	B	-0.21%
GPC	D	-0.21%
ST	D	-0.2%
SNX	C	-0.2%
OSK	F	-0.2%
CHK	C	-0.2%
SWKS	F	-0.2%
BERY	B	-0.2%
CNH	C	-0.2%
IPG	C	-0.19%
JBL	C	-0.19%
AGCO	D	-0.19%
SNV	D	-0.19%
FNB	D	-0.19%
CLVT	D	-0.19%
STWD	B	-0.19%
THO	C	-0.19%
OMF	D	-0.19%
TYL	C	-0.19%
LAD	B	-0.19%
TXT	D	-0.19%
TAP	D	-0.19%
MDU	B	-0.19%
MSM	D	-0.19%
LKQ	F	-0.18%
IVZ	B	-0.18%
CNXC	F	-0.18%
GNTX	D	-0.18%
MGM	D	-0.18%
ANSS	D	-0.18%
UAL	B	-0.18%
PAG	D	-0.18%
OVV	F	-0.18%
DLB	D	-0.18%
AGO	D	-0.18%
GAP	F	-0.17%
ACI	F	-0.17%
DXC	D	-0.17%
BYD	C	-0.17%
M	F	-0.17%
JWN	C	-0.17%
AYI	B	-0.17%
DELL	C	-0.17%
JHG	B	-0.17%
QRVO	F	-0.17%
CRI	D	-0.17%
RHI	D	-0.17%
TNL	C	-0.16%
CRBG	C	-0.16%
EPAM	F	-0.16%
APTV	D	-0.16%
PVH	D	-0.16%
COLB	B	-0.16%
PTC	C	-0.16%
ZBH	F	-0.16%
MUSA	D	-0.16%
VAC	D	-0.16%
DOCU	C	-0.15%
CACC	F	-0.15%
POOL	C	-0.15%
EHC	B	-0.15%
ZION	D	-0.15%
INGR	B	-0.15%
PSN	B	-0.14%
DAY	D	-0.14%
SON	D	-0.14%
GLOB	D	-0.14%
POST	B	-0.14%
BEN	F	-0.14%
ARMK	B	-0.14%
PB	D	-0.14%
CROX	C	-0.14%
WEN	C	-0.14%
GFS	F	-0.14%
PK	D	-0.14%
ZI	D	-0.13%
IPGP	D	-0.13%
AGNC	B	-0.13%
U	D	-0.13%
ENTG	D	-0.13%
WBS	C	-0.13%
TDC	D	-0.12%
CUZ	C	-0.12%
BSY	C	-0.12%
BBWI	D	-0.12%
PII	D	-0.12%
ONTO	C	-0.12%
PEGA	B	-0.12%
PARA	D	-0.12%
FHB	D	-0.12%
IAC	C	-0.12%
LEG	D	-0.12%
OZK	F	-0.12%
FIS	C	-0.12%
OKTA	F	-0.12%
EXC	B	-0.11%
SPB	B	-0.11%
COLM	C	-0.11%
NWL	C	-0.11%
CPRI	D	-0.11%
PRGO	F	-0.11%
WH	B	-0.11%
G	C	-0.11%
PATH	D	-0.11%
MPW	C	-0.1%
CWEN	A	-0.1%
SNDR	B	-0.1%
KSS	D	-0.1%
TSN	D	-0.1%
CZR	C	-0.1%
SMAR	A	-0.09%
BOKF	C	-0.09%
PINC	D	-0.09%
RGA	C	-0.09%
DV	F	-0.09%
MTN	D	-0.09%
TFX	B	-0.09%
CIVI	F	-0.09%
DVN	F	-0.08%
VFC	B	-0.08%
ALGM	D	-0.08%
GTES	C	-0.08%
JAZZ	D	-0.08%
OGN	D	-0.07%
HSIC	C	-0.07%
FTRE	F	-0.07%
ADTN	C	-0.07%
FANG	F	-0.06%
UHAL	B	-0.05%
INFA	D	-0.05%
SOLV	D	-0.05%
CF	B	-0.05%
HUN	C	-0.04%
CLF	F	-0.02%
CR	B	-0.01%
LOPE	D	-0.0%