SKOR vs. STOT ETF Comparison

Comparison of FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) to SPDR DoubleLine Short Duration Total Return Tactical ETF (STOT)

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

$47.43

Average Daily Volume

43,475

Number of Holdings ^*

307

* may have additional holdings in another (foreign) market

STOT

SPDR DoubleLine Short Duration Total Return Tactical ETF

STOT Description

The SPDR DoubleLine Short Duration Total Return Tactical ETF seeks to maximize current income with a dollar-weighted average effective duration between one and three years.

Grade (RS Rating)

Last Trade

$46.85

Average Daily Volume

28,885

Number of Holdings ^*

142

* may have additional holdings in another (foreign) market

Performance

Period	SKOR	STOT
30 Days	1.19%	0.70%
60 Days	0.12%	0.52%
90 Days	0.31%	0.97%
12 Months	4.26%	5.67%

37 Overlapping Holdings

Symbol	Grade	Weight in SKOR	Weight in STOT	Overlap
ABBV	F	0.08%	0.13%	0.08%
ATO	F	0.17%	0.13%	0.13%
BA	D	0.06%	0.27%	0.06%
BAC	A	0.0%	0.09%	0.0%
BNS	D	0.09%	0.21%	0.09%
C	B	0.08%	0.27%	0.08%
CARR	B	0.09%	0.28%	0.09%
CHTR	D	0.2%	0.04%	0.04%
CM	C	0.11%	0.18%	0.11%
COF	D	0.02%	0.06%	0.02%
DLTR	F	0.05%	0.28%	0.05%
DTE	B	0.09%	0.02%	0.02%
EIX	B	0.04%	0.27%	0.04%
GM	C	0.2%	0.27%	0.2%
GS	B	0.1%	0.28%	0.1%
H	D	0.08%	0.24%	0.08%
HCA	C	0.03%	0.28%	0.03%
JPM	B	0.01%	0.1%	0.01%
KDP	B	0.08%	0.28%	0.08%
MAR	D	0.04%	0.28%	0.04%
MMC	B	0.01%	0.28%	0.01%
MS	B	0.04%	0.27%	0.04%
PCG	B	0.07%	0.01%	0.01%
RPRX	F	0.14%	0.28%	0.14%
RSG	D	0.04%	0.28%	0.04%
RY	B	0.05%	0.29%	0.05%
T	B	0.12%	0.29%	0.12%
TD	F	0.17%	0.27%	0.17%
TFC	C	0.06%	0.27%	0.06%
TMO	C	0.19%	0.28%	0.19%
TMUS	A	0.14%	0.01%	0.01%
UNH	C	0.02%	0.15%	0.02%
VLO	D	0.08%	0.27%	0.08%
VZ	D	0.03%	0.29%	0.03%
WELL	A	0.08%	0.29%	0.08%
WFC	C	0.07%	0.28%	0.07%
WPC	D	0.06%	0.26%	0.06%

SKOR Overweight 270 Positions Relative to STOT

Symbol	Grade	Weight
LEN	C	0.32%
KMI	B	0.28%
FOXA	B	0.25%
AEE	D	0.25%
PEP	C	0.24%
LMT	B	0.23%
SPG	C	0.22%
NXPI	A	0.21%
PHM	C	0.2%
VRSN	F	0.19%
NI	C	0.19%
MAS	D	0.19%
TPR	D	0.19%
PAA	D	0.19%
APD	B	0.19%
NOC	D	0.19%
CHD	C	0.18%
ELV	C	0.18%
CCI	D	0.18%
JNJ	F	0.18%
DOW	B	0.17%
GPN	F	0.17%
WEC	D	0.17%
PM	A	0.17%
DG	D	0.16%
LII	B	0.16%
CVS	F	0.16%
ARW	C	0.15%
ALL	D	0.15%
ADI	B	0.15%
XEL	D	0.14%
CMCSA	F	0.14%
TDY	F	0.14%
CI	D	0.14%
ALLY	C	0.14%
OKE	B	0.14%
GD	A	0.14%
WU	D	0.13%
BWA	C	0.13%
WM	D	0.13%
GILD	F	0.13%
AMT	C	0.13%
JBHT	F	0.12%
BRX	D	0.12%
O	D	0.12%
AMCR	C	0.12%
CME	D	0.12%
INTC	F	0.12%
HUM	D	0.12%
APH	B	0.11%
AMGN	C	0.11%
SWK	F	0.11%
BHP	C	0.11%
ED	C	0.11%
K	C	0.11%
MKL	B	0.11%
NVT	B	0.11%
AMZN	C	0.11%
ATHS	B	0.11%
UNP	F	0.11%
ARCC	A	0.11%
BMO	A	0.11%
DFS	D	0.11%
LH	F	0.11%
ORCL	B	0.11%
VRSK	B	0.1%
DLR	B	0.1%
BMY	F	0.1%
BIDU	D	0.1%
WY	F	0.1%
CNP	B	0.1%
LNT	C	0.1%
BKU	C	0.1%
TRMB	D	0.1%
CB	C	0.1%
INTU	C	0.1%
MO	B	0.1%
COST	A	0.1%
SO	B	0.1%
LHX	B	0.1%
V	C	0.1%
VNT	D	0.09%
IBM	D	0.09%
THG	C	0.09%
SBUX	D	0.09%
MET	C	0.09%
DHR	B	0.09%
FHN	B	0.09%
DIS	D	0.09%
BXP	D	0.09%
CMA	C	0.09%
AGR	C	0.09%
CL	B	0.09%
HST	D	0.09%
MCK	B	0.09%
ADBE	F	0.09%
FLO	C	0.09%
LAZ	B	0.09%
MLM	D	0.09%
AON	F	0.09%
FITB	C	0.09%
AAPL	B	0.09%
KMB	C	0.08%
BR	C	0.08%
AFG	C	0.08%
PSA	D	0.08%
ADSK	F	0.08%
AWH	F	0.08%
QCOM	B	0.08%
BG	B	0.08%
FAF	F	0.08%
LEA	F	0.08%
HBAN	B	0.08%
BDX	F	0.08%
EBAY	B	0.08%
CSL	B	0.08%
CMS	B	0.08%
KLAC	A	0.08%
HP	F	0.08%
ORI	B	0.08%
UPS	F	0.08%
TCN	A	0.08%
CBOE	C	0.08%
KO	B	0.08%
DSS	D	0.08%
AMH	C	0.08%
EW	D	0.08%
DINO	D	0.08%
KEYS	F	0.08%
NDAQ	C	0.08%
WHR	F	0.08%
ROP	C	0.08%
BRO	B	0.08%
TT	B	0.08%
SPGI	C	0.08%
GIS	D	0.08%
NFG	B	0.08%
ORLY	F	0.08%
JEF	B	0.08%
BLK	C	0.08%
KEY	C	0.08%
MMM	C	0.08%
MU	A	0.08%
DUK	B	0.08%
GLPI	D	0.08%
SYF	C	0.08%
D	B	0.08%
ADP	C	0.07%
EMR	B	0.07%
AVT	A	0.07%
KMPR	C	0.07%
PLD	F	0.07%
NTAP	A	0.07%
DHI	D	0.07%
PPG	F	0.07%
DGX	C	0.07%
CPT	C	0.07%
SBRA	B	0.07%
WB	D	0.07%
ALLE	D	0.07%
BAX	F	0.07%
CE	D	0.07%
ITW	F	0.07%
DOV	B	0.07%
A	C	0.07%
BKH	C	0.07%
ESS	C	0.07%
GSBD	C	0.07%
PKG	C	0.07%
FMC	C	0.07%
NSC	F	0.07%
TEL	A	0.07%
MKC	D	0.07%
USB	D	0.07%
AWK	C	0.07%
TXN	B	0.07%
AMP	A	0.07%
CUBE	C	0.07%
HUBB	D	0.07%
OTIS	C	0.07%
CFG	C	0.07%
MCO	B	0.07%
STT	C	0.07%
SRE	B	0.07%
MDLZ	D	0.07%
PEG	A	0.07%
HPQ	A	0.07%
AXP	B	0.07%
EPD	C	0.07%
BABA	C	0.07%
HSBC	B	0.07%
ROK	F	0.06%
SKT	D	0.06%
REG	D	0.06%
AEL	A	0.06%
CPB	C	0.06%
WAB	A	0.06%
SCS	C	0.06%
GL	F	0.06%
ECL	B	0.06%
AL	D	0.06%
WTW	D	0.06%
PG	B	0.06%
NNN	C	0.06%
SITC	B	0.05%
DT	D	0.05%
EFX	C	0.05%
BK	B	0.05%
AER	A	0.05%
AZO	D	0.05%
ZTS	C	0.05%
PDM	C	0.04%
KIM	D	0.04%
STLD	D	0.04%
HPP	F	0.04%
VOYA	A	0.04%
KRG	C	0.04%
FTV	F	0.04%
RNR	B	0.04%
AIZ	D	0.04%
SJM	F	0.04%
RPM	C	0.04%
EA	B	0.04%
ARE	C	0.04%
CMI	D	0.04%
PGR	D	0.04%
HII	D	0.04%
AXS	A	0.04%
HIW	C	0.04%
AIG	B	0.04%
CSX	D	0.04%
AFL	A	0.04%
HON	B	0.04%
ES	D	0.04%
MCD	F	0.04%
MSI	B	0.04%
CSCO	F	0.04%
KRC	F	0.04%
SCHW	C	0.04%
SHW	D	0.04%
LOW	F	0.04%
MSFT	A	0.04%
DB	B	0.04%
MA	D	0.04%
AVGO	B	0.04%
NEE	A	0.04%
FLS	B	0.03%
SYK	D	0.03%
GOOGL	A	0.03%
FNF	C	0.03%
PNC	C	0.03%
PH	D	0.02%
CTAS	C	0.02%
AAP	D	0.02%
BDN	C	0.02%
MAA	C	0.02%
EQR	C	0.02%
PYPL	D	0.02%
AVB	B	0.02%
CLX	F	0.02%
AVY	B	0.02%
VTR	C	0.02%
AEP	C	0.02%
MUFG	C	0.02%
WMT	A	0.02%
CP	F	0.01%
EQIX	C	0.0%
HD	F	0.0%
OHI	B	0.0%
PRU	B	0.0%

SKOR Underweight 105 Positions Relative to STOT

Symbol	Grade	Weight
B	C	-2.8%
FR	F	-0.79%
FNA	F	-0.56%
AVTR	D	-0.32%
CPS	F	-0.31%
MCHP	A	-0.28%
OMC	C	-0.28%
LUV	F	-0.28%
CAG	C	-0.28%
PXD	B	-0.28%
ETR	C	-0.28%
SLB	F	-0.27%
DELL	B	-0.26%
BCC	D	-0.26%
BERY	C	-0.26%
ELAN	A	-0.26%
LMAT	A	-0.24%
UPST	D	-0.24%
SSNC	C	-0.23%
VST	A	-0.22%
GDDY	A	-0.22%
REYN	C	-0.22%
AXTA	C	-0.22%
WMG	F	-0.22%
YUM	C	-0.22%
IQV	D	-0.21%
ENR	D	-0.18%
REZI	C	-0.16%
AAL	D	-0.15%
KAR	C	-0.15%
CABO	F	-0.15%
CCL	B	-0.13%
ESI	D	-0.12%
BHF	F	-0.12%
KREF	F	-0.12%
CHK	B	-0.1%
TIGO	A	-0.1%
FUN	B	-0.1%
TRTX	C	-0.1%
BRSP	F	-0.08%
BYD	F	-0.08%
CNC	D	-0.07%
POST	B	-0.07%
NRG	B	-0.07%
SPH	D	-0.07%
BXMT	F	-0.07%
IRM	B	-0.07%
GT	D	-0.06%
UAL	C	-0.06%
NLY	C	-0.06%
FN	B	-0.06%
GPMT	F	-0.05%
GFF	D	-0.05%
CNX	A	-0.05%
SAH	C	-0.05%
SXC	D	-0.05%
STWD	D	-0.05%
GLT	D	-0.05%
NGL	D	-0.05%
PFSI	B	-0.05%
CF	D	-0.05%
AXL	D	-0.04%
CLH	A	-0.04%
HESM	A	-0.04%
OPCH	D	-0.04%
APA	F	-0.04%
USAC	D	-0.04%
VSCO	D	-0.04%
ICLR	B	-0.04%
WFRD	C	-0.03%
BANC	D	-0.03%
CCO	F	-0.03%
THC	A	-0.03%
CYH	C	-0.03%
BALY	F	-0.03%
KHC	D	-0.03%
CTLT	D	-0.02%
UNIT	F	-0.02%
IEP	C	-0.02%
EQT	B	-0.02%
WD	D	-0.02%
OVV	D	-0.02%
COTY	D	-0.02%
WES	B	-0.02%
SWN	C	-0.02%
PFGC	C	-0.02%
PPC	C	-0.02%
OMF	C	-0.02%
UBER	D	-0.02%
OXY	D	-0.02%
COMM	D	-0.02%
MSC	C	-0.02%
IHRT	F	-0.01%
BTU	D	-0.01%
AM	B	-0.01%
RCMT	D	-0.01%
NAVI	F	-0.01%
TGI	D	-0.01%
UAN	C	-0.01%
FYBR	C	-0.01%
TDG	B	-0.01%
SUN	F	-0.01%
RIG	C	-0.01%
BX	C	-0.01%
NXST	C	-0.01%