VUSE vs. GQRE ETF Comparison

Comparison of Vident Core US Equity ETF (VUSE) to FlexShares Global Quality Real Estate Index Fund (GQRE)

VUSE

Vident Core US Equity ETF

VUSE Description

The investment seeks to track the price and total return performance, before fees and expenses, of the Vident Core U.S. Equity Index (the "Strategy Index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the Strategy Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Strategy Index construction begins by establishing an initial universe of U.S. equity securities of companies with a market capitalization greater than $500 million and meeting certain minimum liquidity requirements.

Grade (RS Rating)

Last Trade

$60.68

Average Daily Volume

12,254

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

GQRE

FlexShares Global Quality Real Estate Index Fund

GQRE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Global Quality Real Estate IndexSM. The index is designed to measure the performance of companies that exhibit certain quality, valuation and momentum characteristics within a universe of publicly-traded equity securities of U.S. and non-U.S. real estate investment trusts and real estate companies. The fund will normally invest at least 80% of its total assets in the securities of the underlying index and in "ADRs" and "GDRs" based on the securities in its underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$60.68

Average Daily Volume

18,376

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VUSE	GQRE
30 Days	4.01%	-0.92%
60 Days	7.07%	-2.23%
90 Days	8.95%	0.75%
12 Months	25.76%	21.78%

3 Overlapping Holdings

Symbol	Grade	Weight in VUSE	Weight in GQRE	Overlap
DBRG	F	0.46%	0.28%	0.28%
SHO	D	0.45%	0.28%	0.28%
SPG	A	0.14%	5.85%	0.14%

VUSE Overweight 123 Positions Relative to GQRE

Symbol	Grade	Weight
AMZN	C	2.68%
ORCL	A	2.4%
V	A	2.17%
JPM	A	2.09%
MA	B	2.08%
WMT	A	2.06%
HD	B	2.05%
CVX	A	2.02%
BAC	A	1.97%
XOM	B	1.89%
AAPL	C	1.87%
NVDA	B	1.84%
MSFT	D	1.8%
JNJ	C	1.76%
AVGO	D	1.72%
KO	D	1.56%
BKNG	A	1.54%
MRK	D	1.49%
NFLX	A	1.44%
MSI	B	1.33%
CMG	B	1.25%
PG	C	1.2%
ECL	D	1.16%
SNPS	B	1.16%
MAR	A	1.12%
UBER	F	1.11%
T	A	1.1%
RDDT	A	1.04%
AMAT	F	1.02%
ADP	A	1.02%
ABBV	F	1.01%
MO	A	1.0%
SBUX	A	0.98%
META	D	0.97%
GOOGL	C	0.96%
MCD	D	0.94%
TJX	A	0.93%
SHW	B	0.93%
POWL	C	0.87%
ADBE	C	0.83%
FTNT	C	0.81%
LLY	F	0.81%
IDCC	B	0.8%
COST	A	0.78%
TMUS	B	0.78%
EME	A	0.77%
AMP	A	0.75%
IESC	C	0.74%
AYI	B	0.74%
PIPR	A	0.73%
SYK	B	0.73%
ITW	B	0.72%
CAT	B	0.72%
CORT	B	0.7%
JXN	C	0.69%
KLAC	F	0.69%
FICO	B	0.69%
EQH	C	0.66%
WDAY	B	0.66%
NOW	A	0.65%
AMR	C	0.64%
CVLT	B	0.64%
ZTS	D	0.64%
EXEL	B	0.63%
PLTR	B	0.6%
EPAC	C	0.6%
CTAS	B	0.59%
NRG	B	0.58%
NYT	D	0.56%
GWW	B	0.56%
FAST	B	0.56%
BOX	B	0.55%
PLMR	A	0.54%
UTHR	C	0.54%
EA	A	0.52%
TDG	D	0.52%
PAYX	B	0.51%
VST	A	0.5%
RMD	C	0.5%
NKE	F	0.5%
ERIE	D	0.5%
LSCC	D	0.5%
ODFL	C	0.5%
IT	C	0.5%
CASH	B	0.48%
YELP	C	0.48%
MSCI	C	0.48%
RMBS	B	0.47%
TREX	C	0.47%
QLYS	B	0.46%
JLL	D	0.46%
PLAB	C	0.46%
MTG	C	0.46%
EOG	A	0.43%
DFIN	D	0.42%
BSX	A	0.41%
JKHY	D	0.41%
MTD	F	0.39%
ANET	C	0.38%
CRUS	D	0.37%
ON	D	0.37%
A	D	0.36%
MANH	D	0.35%
OTTR	C	0.35%
CSL	C	0.35%
CRWD	B	0.31%
DOCU	B	0.29%
HCC	B	0.27%
PANW	B	0.26%
ACLS	F	0.26%
NSSC	D	0.25%
DBX	B	0.24%
BMI	B	0.23%
VRSK	A	0.22%
TRIP	F	0.21%
PINS	F	0.2%
AOS	F	0.19%
MEDP	D	0.18%
APPF	B	0.15%
ABNB	C	0.14%
PSTG	D	0.13%
CMCSA	B	0.13%
SEIC	B	0.11%

VUSE Underweight 60 Positions Relative to GQRE

Symbol	Grade	Weight
DLR	B	-5.76%
AVB	B	-4.37%
EQR	C	-3.36%
PLD	F	-2.99%
ESS	B	-2.62%
VICI	C	-2.46%
AMT	C	-2.37%
KIM	A	-2.25%
UDR	B	-1.88%
EQIX	A	-1.74%
CPT	B	-1.73%
AMH	C	-1.67%
HST	C	-1.66%
REG	A	-1.59%
LAMR	C	-1.5%
CUBE	C	-1.45%
WELL	A	-1.42%
NNN	C	-1.04%
ADC	A	-1.02%
FR	D	-0.94%
VNO	C	-0.91%
STAG	D	-0.89%
KRG	B	-0.8%
EPRT	B	-0.77%
IRM	C	-0.69%
SLG	B	-0.66%
CUZ	B	-0.64%
PSA	C	-0.64%
IRT	A	-0.63%
KRC	B	-0.6%
SBRA	C	-0.57%
SKT	A	-0.52%
APLE	B	-0.47%
HIW	C	-0.46%
EPR	C	-0.45%
NHI	D	-0.45%
WY	F	-0.43%
BNL	D	-0.43%
PK	C	-0.42%
HASI	D	-0.42%
O	C	-0.41%
IIPR	D	-0.4%
NSA	C	-0.4%
UE	B	-0.38%
AKR	B	-0.35%
IVT	A	-0.3%
EQC	B	-0.29%
LTC	B	-0.28%
XHR	B	-0.28%
AAT	B	-0.26%
ALEX	B	-0.26%
DRH	B	-0.26%
PDM	D	-0.26%
ESRT	C	-0.26%
CSR	B	-0.24%
JOE	F	-0.24%
RLJ	C	-0.24%
NXRT	B	-0.24%
CCI	C	-0.19%
HPP	F	-0.16%