SKOR

FlexShares Credit-Scored US Corporate Bond Index Fund
C

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*Unless otherwise stated, data provided by FactSet.

SKOR Fund Description

SKOR tracks a proprietary index of intermediate-maturity, investment-grade corporate bonds, aiming for improved credit quality and underlying liquidity.

SKOR Factset Analytics Insight

SKOR provides investors a "smart beta"-type exposure to the intermediate-term, investment-grade corporate space. The fund's underlying index uses a proprietary credit evaluation process to score issuers' creditworthiness and weight securities accordingly. The strategy might appeal to those who distrust the existing credit rating system, but want corporate debt exposure while maintaining a general resemblance in spread and duration characteristics of a typical intermediate investment-grade bond portfolio. Trade SKOR with caution, as the order book can be thin even if spreads are typically reasonable. Institutional investors may encounter obstacles to efficient block execution. SKOR charges a middling fee for this segment, albeit cheaper than many "smart beta" funds. Tracking is uncertain as the fund lags its index by markedly more than its fee at times, so holding costs can be an issue.

SKOR MSCI ESG Analytics Insight

FlexShares Credit-Scored US Corporate Bond Index Fund has an MSCI ESG Fund Rating of BBB based on a score of 5.03 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FlexShares Credit-Scored US Corporate Bond Index Fund ranks in the 41st percentile within its peer group and in the 63th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SKOR CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/17/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SKOR 0.70% 3.15% 7.21% 8.51% 2.71% -- --
SKOR (NAV) 0.97% 3.44% 7.66% 8.77% 2.83% -- --
Northern Trust Credit-Scored US Corporate Bond (TR) 1.03% 3.53% 7.87% 9.20% 3.20% -- --
Bloomberg Barclays Intermediate Corporate Bond Index 0.91% 3.15% 7.02% 8.16% 3.14% 3.25% 5.04%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SKOR Top 10 Countries [View All]

SKOR Top 10 Sectors

SKOR Top 10 Holdings [View All]

SKOR Summary Data

FlexShares
11/12/14
Open-Ended Fund
0.22%
$92.81M
$375.69K
0.18%

SKOR Portfolio Data

4.65
--
3.03%
08/01/19
21

SKOR Index Data

Northern Trust Credit-Scored US Corporate Bond (TR)
Proprietary
Market Cap
Bloomberg Barclays Intermediate Corporate Bond Index

SKOR Portfolio Management

0.22%
-0.39%
-0.31%
-0.48%

SKOR Tax Exposures

20.00% / 39.60%
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Ordinary income
No

SKOR Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

SKOR Factset Analytics Block Liquidity

As of 07/18/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SKOR. SKOR is rated a N/A out of 5.

SKOR Tradability

6,816
$375.69K
2,595
$134.08K
0.18%
$0.09
0.07%
0.43% / -0.34%
None
100.00%
50,000
0.05
0.02%
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$51.69
N/A

SKOR Sector/Industry Breakdown


SKOR
Segment Benchmark
56.32%
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40.33%
--
3.35%
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SKOR Top 10 Holdings[View All]

0.67%
0.58%
0.56%
0.44%
0.34%
0.34%
0.33%
0.29%
0.28%
0.28%
4.11%

SKOR Top 5 Countries


SKOR
Segment Benchmark
83.10%
--
5.90%
--
3.74%
--
1.51%
--
1.36%
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SKOR Top 5 Currencies


SKOR
Segment Benchmark
100.00%
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SKOR Performance Statistics

0.98
1.15
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SKOR MSCI ESG Ratings

BBB
5.03 / 10
63.05
41.06
7.26%
4.48%
171.60

SKOR HOLDINGS STATISTICS

5.35 years
4.65
3.03%
4.71
Low
21
0.98%

SKOR AVG LIFE MATURITY DISTRIBUTION

--
2.99%
19.86%
23.67%
1.33%
--
0.18%

SKOR OAS BREAKDOWN

38.61%
2.17%
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