SKOR vs. WRND ETF Comparison

Comparison of FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) to IQ Global Equity R&D Leaders ETF (WRND)

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

$47.98

Average Daily Volume

46,093

Number of Holdings ^*

305

* may have additional holdings in another (foreign) market

WRND

IQ Global Equity R&D Leaders ETF

WRND Description

IQ Global Equity R&D Leaders ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the IQ Global Equity R&D Leaders Index, by using full replication technique. IQ Global Equity R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.08

Average Daily Volume

1,357

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	SKOR	WRND
30 Days	-0.31%	-1.90%
60 Days	-1.61%	-1.83%
90 Days	-0.51%	-1.88%
12 Months	7.12%	18.15%

44 Overlapping Holdings

Symbol	Grade	Weight in SKOR	Weight in WRND	Overlap
AAPL	C	0.09%	3.25%	0.09%
ABBV	D	0.08%	0.17%	0.08%
ABBV	D	0.08%	0.68%	0.08%
ADBE	C	0.09%	0.39%	0.09%
ADI	D	0.15%	0.15%	0.15%
ADSK	A	0.08%	0.17%	0.08%
AMGN	D	0.11%	0.47%	0.11%
AMZN	C	0.11%	6.24%	0.11%
AVGO	D	0.04%	0.86%	0.04%
BA	F	0.06%	0.36%	0.06%
BABA	D	0.07%	0.95%	0.07%
BDX	F	0.08%	0.12%	0.08%
BIDU	F	0.1%	0.39%	0.1%
BMY	B	0.1%	1.17%	0.1%
CMI	A	0.04%	0.19%	0.04%
CSCO	B	0.04%	0.93%	0.04%
DHR	F	0.09%	0.14%	0.09%
EA	A	0.04%	0.3%	0.04%
EBAY	D	0.08%	0.16%	0.08%
EW	C	0.08%	0.12%	0.08%
GILD	C	0.13%	0.64%	0.13%
GM	B	0.2%	1.2%	0.2%
GOOGL	C	0.03%	5.25%	0.03%
HON	B	0.04%	0.18%	0.04%
HPQ	B	0.07%	0.19%	0.07%
IBM	C	0.09%	0.71%	0.09%
INTC	D	0.12%	1.97%	0.12%
INTU	C	0.1%	0.3%	0.1%
JNJ	D	0.18%	1.48%	0.18%
KLAC	D	0.08%	0.11%	0.08%
LMT	D	0.23%	0.15%	0.15%
MMM	D	0.08%	0.16%	0.08%
MSFT	F	0.04%	2.97%	0.04%
MU	D	0.08%	0.38%	0.08%
NOC	D	0.19%	0.12%	0.12%
NTAP	C	0.07%	0.11%	0.07%
NXPI	D	0.21%	0.24%	0.21%
ORCL	B	0.11%	1.05%	0.11%
PG	A	0.06%	0.21%	0.06%
PYPL	B	0.02%	0.34%	0.02%
QCOM	F	0.08%	0.9%	0.08%
SYK	C	0.03%	0.15%	0.03%
TMO	F	0.19%	0.12%	0.12%
TXN	C	0.07%	0.21%	0.07%

SKOR Overweight 262 Positions Relative to WRND

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

SKOR Underweight 68 Positions Relative to WRND

Symbol	Grade	Weight
META	D	-4.08%
MRK	F	-1.59%
NVDA	C	-1.34%
NVS	D	-0.96%
PFE	D	-0.94%
F	C	-0.89%
LLY	F	-0.85%
VRTX	F	-0.84%
TM	D	-0.74%
TSLA	B	-0.67%
SONY	B	-0.66%
STLA	F	-0.66%
CRM	B	-0.66%
HMC	F	-0.65%
AMD	F	-0.57%
SQ	B	-0.39%
NFLX	A	-0.35%
TEAM	A	-0.34%
UBER	D	-0.31%
AMAT	F	-0.3%
ABT	B	-0.3%
RTX	C	-0.3%
REGN	F	-0.29%
INCY	C	-0.29%
MDT	D	-0.28%
WDAY	B	-0.28%
MRNA	F	-0.27%
HPE	B	-0.27%
TCOM	B	-0.27%
NOW	A	-0.26%
CAT	B	-0.24%
SHOP	B	-0.24%
MRVL	B	-0.24%
DE	A	-0.24%
SPOT	B	-0.22%
PANW	C	-0.22%
LI	F	-0.22%
SNPS	B	-0.22%
MELI	D	-0.21%
BGNE	D	-0.2%
SNOW	C	-0.19%
WDC	D	-0.19%
ABNB	C	-0.19%
NIO	F	-0.19%
EXPE	B	-0.18%
GE	D	-0.18%
LRCX	F	-0.18%
RIVN	F	-0.17%
BSX	B	-0.17%
CDNS	B	-0.17%
BIIB	F	-0.17%
RBLX	C	-0.16%
ACN	C	-0.15%
ILMN	D	-0.14%
DASH	A	-0.14%
CTVA	C	-0.14%
GLW	B	-0.12%
DDOG	A	-0.12%
ISRG	A	-0.12%
GEHC	F	-0.12%
LPL	F	-0.11%
JNPR	F	-0.11%
PINS	D	-0.11%
UL	D	-0.11%
ALNY	D	-0.1%
APTV	D	-0.1%
MCHP	D	-0.09%
LCID	F	-0.07%