FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR)
Description
The investment seeks to track the performance of the Northern Trust US Long Corporate Bond Quality Value Index. The LKOR ETF contains 384 constituents. It is focused on holdings in the region.
Price $38.57 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 6.96% |
| Expense ratio | 0.22% |
| Average spread | 0.052% |
| 1Y roundtrip cost | 0.272% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -5.3% | -3.5% | -3.0% | -10.4% | 1.8% | -4.7% | 5.6% | -5.6% | -8.2% | -4.9% | -38.3% | ||
| 2021 | -2.6% | -3.6% | -2.2% | 1.7% | 0.7% | 4.0% | 2.2% | -0.4% | -2.3% | 1.8% | 0.1% | -0.6% | -1.2% |
| 2020 | 3.6% | 1.4% | -7.3% | 4.8% | 2.4% | 2.6% | 5.3% | -4.2% | -0.4% | -0.5% | 6.3% | 0.1% | 13.9% |
| 2019 | 3.6% | -0.2% | 4.0% | 0.5% | 2.3% | 1.6% | 3.5% | 6.1% | -1.2% | 0.4% | 0.8% | -0.3% | 21.1% |
| 2018 | -0.2% | -5.1% | 1.3% | -2.7% | -0.1% | -1.1% | 2.3% | -0.7% | 0.2% | -4.3% | -0.1% | 2.9% | -7.6% |
| 2017 | 1.8% | 0.5% | -1.2% | 3.0% | 2.7% | 1.2% | 1.1% | 0.5% | -0.0% | 0.9% | 0.1% | 2.6% | 13.1% |
| 2016 | -0.8% | 0.8% | 6.3% | 2.1% | 0.1% | 3.6% | 2.8% | 1.0% | -0.5% | -2.3% | -5.8% | -0.6% | 6.6% |
| 2015 | 0.4% | -0.3% | -0.8% | -0.7% | |||||||||
| -0.1% | -9.7% | -2.1% | -0.9% | 9.8% | 7.1% | 22.8% | -3.4% | -12.4% | -8.5% | 1.0% | 3.2% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.16 | 0.14 | 0.16 | 0.16 | 0.17 | 0.16 | 0.17 | 0.17 | 1.28 | ||||
| 2021 | 0.14 | 0.15 | 0.16 | 0.14 | 0.16 | 0.17 | 0.15 | 0.16 | 0.15 | 0.15 | 0.15 | 1.70 | |
| 2020 | 0.16 | 0.16 | 0.17 | 0.15 | 0.64 | ||||||||
| 2019 | 0.18 | 0.16 | 0.18 | 0.17 | 0.24 | 0.18 | 0.17 | 0.20 | 0.17 | 1.66 | |||
| 2018 | 0.17 | 0.16 | 0.18 | 0.14 | 0.18 | 0.17 | 0.18 | 0.18 | 0.17 | 0.18 | 0.17 | 1.87 | |
| 2017 | 0.17 | 0.16 | 0.22 | 0.18 | 0.16 | 0.17 | 0.18 | 0.15 | 0.15 | 0.18 | 0.17 | 1.89 | |
| 2016 | 0.19 | 0.18 | 0.15 | 0.19 | 0.18 | 0.15 | 0.18 | 0.17 | 0.18 | 0.17 | 1.73 | ||
| 2015 | 0.23 | 0.18 | 0.42 | ||||||||||
| 0.00 | 1.01 | 0.78 | 1.08 | 0.95 | 1.09 | 1.03 | 1.00 | 1.19 | 0.98 | 1.08 | 1.00 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Charter Communications Operating LLC 5.75% 01-APR-2048 | 0.86% |
| AT&T Inc. 3.8% 01-DEC-2057 | 0.85% |
| Dell International LLC 8.35% 15-JUL-2046 | 0.70% |
| Broadcom Inc. 3.5% 15-FEB-2041 | 0.68% |
| Verizon Communications Inc. 4.272% 15-JAN-2036 | 0.67% |
| Home Depot, Inc. 4.5% 06-DEC-2048 | 0.66% |
| Gilead Sciences, Inc. 4.75% 01-MAR-2046 | 0.64% |
| Philip Morris International Inc. 4.125% 04-MAR-2043 | 0.62% |
| Altria Group, Inc. 5.8% 14-FEB-2039 | 0.62% |
| Burlington Northern Santa Fe LLC 3.9% 01-AUG-2046 | 0.60% |
| Wells Fargo & Company 5.375% 02-NOV-2043 | 0.59% |
| Top 11 Weights | 7.49% |
Compare with similar ETFs
| LKOR | IGLB | LQD | SPLB | SPXB | VCLT | |
|---|---|---|---|---|---|---|
| Product name | FlexShares Credit-Scored US Long Corporate Bond Index Fund | iShares Long-Term Corporate Bond ETF | iShares iBoxx $ Investment Grade Corporate Bond ETF | SPDR Portfolio Long Term Corporate Bond ETF | ProShares S&P 500 Bond ETF | Vanguard Long-Term Corporate Bond ETF |
| Issuer | FlexShares | iShares | iShares | SPDR | ProShares | Vanguard |
| Price | $38.5689 | $45.8 | $99.2 | $20.68 | $69.775 | $69.74 |
| Expense Ratio | 0.22% |  0.06% | 0.14% | 0.07% | 0.15% | 0.05% |
| Average Spread | 0.052% | 0.044% | 0.010% | 0.048% | 0.172% | 0.057% |
| AUM | $38,422,800 | $1,726,890,000 | $28,275,100,000 | $594,891,000 | $27,952,800 | $3,528,850,000 |
| Shares | 996,213 | 37,704,941 | 285,031,584 | 28,766,478 | 400,613 | 50,600,113 |
| Average Daily Volume | 5,225 | 421,973 | 21,514,281 | 1,609,197 | 1,073 | 1,984,040 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2015-09-24 | 2009-12-08 | 2002-07-22 | 2009-03-10 | 2018-05-01 | 2009-11-19 |
| Index Tracked | Northern Trust US Long Corporate Bond Quality Value Index | ICE BofAML 10+ Year US Corporate Index | Markit iBoxx USD Liquid Investment Grade Index | Bloomberg Long U.S. Corporate Index | S&P 500/MarketAxess Investment Grade Corporate Bond Index | Bloomberg U.S. 10+ Year Corporate Bond Index |
| Category | Corporate Bonds | Corporate Bonds | Corporate Bonds | Corporate Bonds | Corporate Bonds | Corporate Bonds |
| Asset Class | Bond | Bond | Bond | Bond | Bond | Bond |
| Asset Class Size | ||||||
| Value or Growth | ||||||
| Region | ||||||
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $2.684 | $2.251 | $3.254 | $0.982 | $2.15 | $3.283 |
| Annual Dividend Yield | 0.070% | 0.049% | 0.033% | 0.047% | 0.031% | 0.047% |
| Number of Holdings | 384 | 3051 | 2429 | 2465 | 258 | 2453 |
| YTD Return | -32.98% | -32.12% | -23.48% | -32.33% | -21.55% | -32.17% |
| Beta | 0.25 | 0.39 | 0.32 | 0.44 | 0.14 | 0.44 |
| Upside Beta | 0.17 | 0.05 | 0.12 | 0.06 | 0.03 | 0.03 |
| Downside Beta | -0.02 | -0.10 | 0.08 | -0.10 | 0.05 | -0.12 |
| Volatility 1Y | 16.36% | 15.35% | 11.12% | 15.93% | 9.88% | 16.05% |
| Sharpe Ratio 3Y | -0.91 | -0.91 | -0.93 | -0.88 | -0.95 | -0.89 |
| Treynor Ratio 3Y | -0.04 | -0.03 | -0.02 | -0.02 | -0.05 | -0.02 |