VLUE vs. FEUS ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS)

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$114.13

Average Daily Volume

324,164

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

FEUS

FlexShares ESG & Climate US Large Cap Core Index Fund

FEUS Description

FlexShares ESG & Climate US Large Cap Core Index Fund is an exchange traded indexed fund launched by Northern Trust Corporation. It is managed by Northern Trust Investments, Incorporated. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across large market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Northern Trust ESG & Climate US Large Cap Core Index, by using representative sampling technique. FlexShares ESG & Climate US Large Cap Core Index Fund was formed on September 20, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$66.92

Average Daily Volume

1,485

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	FEUS
30 Days	4.45%	2.93%
60 Days	5.68%	4.29%
90 Days	7.63%	6.05%
12 Months	25.66%	31.07%

33 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in FEUS	Overlap
AKAM	D	0.14%	0.13%	0.13%
AMAT	F	2.37%	0.86%	0.86%
BMY	B	1.55%	0.05%	0.05%
C	A	1.78%	0.33%	0.33%
CI	F	1.37%	0.84%	0.84%
CMI	A	0.6%	0.48%	0.48%
CNH	C	0.17%	0.09%	0.09%
CSCO	B	6.43%	0.1%	0.1%
CVS	D	1.46%	0.65%	0.65%
DELL	C	0.84%	0.34%	0.34%
ELV	F	0.97%	0.66%	0.66%
EQT	B	0.28%	0.17%	0.17%
ES	D	0.22%	0.2%	0.2%
EXPE	B	0.48%	0.22%	0.22%
FSLR	F	0.38%	0.19%	0.19%
GILD	C	1.29%	0.48%	0.48%
HIG	B	0.22%	0.32%	0.22%
HPE	B	1.4%	0.27%	0.27%
HPQ	B	1.19%	0.34%	0.34%
HST	C	0.23%	0.11%	0.11%
IBM	C	3.86%	1.12%	1.12%
INTC	D	3.65%	1.01%	1.01%
JCI	C	0.61%	0.41%	0.41%
KR	B	0.75%	0.38%	0.38%
MET	A	0.46%	0.47%	0.46%
OC	A	0.36%	0.15%	0.15%
PCG	A	0.63%	0.41%	0.41%
PFE	D	2.07%	0.87%	0.87%
VLO	C	0.78%	0.13%	0.13%
VZ	C	2.91%	0.76%	0.76%
WAB	B	0.32%	0.32%	0.32%
WY	D	0.55%	0.21%	0.21%
ZM	B	0.47%	0.19%	0.19%

VLUE Overweight 115 Positions Relative to FEUS

Symbol	Grade	Weight
T	A	6.04%
GM	B	3.6%
BAC	A	2.25%
WFC	A	1.92%
RTX	C	1.77%
F	C	1.68%
LEN	D	1.49%
MO	A	1.45%
GS	A	1.43%
DHI	D	1.4%
SPG	B	1.26%
FDX	B	1.18%
NXPI	D	1.12%
GLW	B	1.1%
CTSH	B	1.1%
TEL	B	1.02%
PHM	D	0.94%
URI	B	0.77%
PCAR	B	0.76%
KHC	F	0.74%
WBD	C	0.7%
ON	D	0.67%
COF	B	0.66%
ADM	D	0.65%
FANG	D	0.6%
CNC	D	0.57%
TFC	A	0.54%
LHX	C	0.53%
NTAP	C	0.52%
AIG	B	0.5%
USB	A	0.48%
D	C	0.47%
BK	A	0.47%
SWKS	F	0.46%
VST	B	0.45%
VTRS	A	0.45%
PRU	A	0.45%
NUE	C	0.45%
MRO	B	0.44%
TSN	B	0.44%
GEN	B	0.42%
BBY	D	0.38%
TAP	C	0.38%
FFIV	B	0.37%
BLDR	D	0.36%
CTRA	B	0.35%
TWLO	A	0.34%
FOXA	B	0.33%
OVV	B	0.33%
JNPR	F	0.33%
PPL	B	0.32%
JBL	B	0.31%
MTB	A	0.31%
PARA	C	0.27%
EVRG	A	0.27%
STLD	B	0.27%
CFG	B	0.26%
STT	A	0.26%
SSNC	B	0.25%
DAL	C	0.25%
LKQ	D	0.24%
SYF	B	0.24%
LH	C	0.24%
TXT	D	0.24%
UTHR	C	0.23%
ATO	A	0.23%
AZPN	A	0.23%
SNA	A	0.23%
DOW	F	0.23%
CAG	D	0.23%
WBA	F	0.22%
SJM	D	0.22%
LYB	F	0.22%
FITB	A	0.21%
GPN	B	0.21%
BG	F	0.2%
EXE	B	0.2%
RF	A	0.2%
LDOS	C	0.19%
IP	B	0.19%
MAA	B	0.19%
RPRX	D	0.19%
DGX	A	0.19%
KNX	B	0.19%
FOX	A	0.18%
UHS	D	0.18%
QRVO	F	0.18%
EG	C	0.17%
MOS	F	0.17%
HBAN	A	0.17%
CF	B	0.16%
DINO	D	0.16%
APA	D	0.15%
SOLV	C	0.14%
L	A	0.13%
APTV	D	0.13%
CPT	B	0.13%
SW	A	0.13%
KEY	B	0.13%
FCNCA	A	0.12%
EQH	B	0.12%
ACI	C	0.12%
LUV	C	0.12%
UHAL	D	0.11%
FBIN	D	0.11%
NLY	C	0.11%
ALLY	C	0.1%
SWK	D	0.1%
EMN	D	0.1%
FNF	B	0.09%
HII	D	0.09%
DVA	B	0.08%
BEN	C	0.06%
WLK	D	0.05%
BIO	D	0.05%

VLUE Underweight 103 Positions Relative to FEUS

Symbol	Grade	Weight
NVDA	C	-7.67%
AAPL	C	-6.68%
MSFT	F	-6.4%
AMZN	C	-4.53%
GOOGL	C	-2.7%
TSLA	B	-2.69%
GOOG	C	-2.44%
JPM	A	-2.1%
V	A	-1.78%
META	D	-1.66%
MA	C	-1.59%
CRM	B	-1.47%
JNJ	D	-1.35%
MS	A	-1.18%
AXP	A	-1.11%
ADBE	C	-1.11%
PEP	F	-1.09%
ADP	B	-1.03%
BSX	B	-1.02%
SPGI	C	-1.01%
MRK	F	-0.97%
UNP	C	-0.93%
AMGN	D	-0.92%
TT	A	-0.89%
DIS	B	-0.87%
WMT	A	-0.84%
DE	A	-0.83%
EQIX	A	-0.81%
NOW	A	-0.8%
PG	A	-0.8%
NKE	D	-0.8%
PLD	D	-0.79%
PYPL	B	-0.79%
MCO	B	-0.75%
CTAS	B	-0.73%
ACN	C	-0.72%
WM	A	-0.71%
CMCSA	B	-0.67%
TGT	F	-0.67%
CL	D	-0.67%
CSX	B	-0.66%
BRK.A	B	-0.65%
WMB	A	-0.64%
SHW	A	-0.61%
ECL	D	-0.61%
REGN	F	-0.61%
OKE	A	-0.6%
MDT	D	-0.59%
SLB	C	-0.58%
CB	C	-0.57%
NSC	B	-0.56%
QCOM	F	-0.55%
WDAY	B	-0.54%
MPC	D	-0.52%
ABNB	C	-0.52%
AVGO	D	-0.48%
HD	A	-0.46%
PAYX	C	-0.45%
MSCI	C	-0.44%
NEM	D	-0.44%
LLY	F	-0.42%
LNG	B	-0.4%
SYY	B	-0.36%
EXC	C	-0.36%
ADSK	A	-0.33%
BKNG	A	-0.33%
PEG	A	-0.33%
FI	A	-0.32%
HUM	C	-0.32%
ED	D	-0.31%
EBAY	D	-0.29%
TSCO	D	-0.28%
AWK	D	-0.25%
BLK	C	-0.25%
NDAQ	A	-0.25%
BIIB	F	-0.23%
TJX	A	-0.21%
ILMN	D	-0.21%
CLX	B	-0.19%
ULTA	F	-0.18%
LVS	C	-0.17%
WSM	B	-0.15%
AVB	B	-0.14%
EL	F	-0.14%
AVY	D	-0.14%
XYL	D	-0.12%
UNH	C	-0.11%
BLD	D	-0.11%
AFL	B	-0.11%
BXP	D	-0.11%
IPG	D	-0.1%
XOM	B	-0.09%
LULU	C	-0.08%
ENPH	F	-0.08%
MTD	D	-0.07%
MDLZ	F	-0.06%
CVX	A	-0.05%
LOW	D	-0.05%
NEE	D	-0.04%
HUBB	B	-0.03%
PPG	F	-0.03%
MAR	B	-0.03%
EFX	F	-0.02%