FEUS vs. VOTE

Last updated Apr 1, 2026

Compare and contrast key facts about FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS) and Engine No. 1 Transform 500 ETF (VOTE).

FEUS and VOTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FEUS is a passively managed fund by FlexShares that tracks the performance of the Northern Trust ESG & Climate US Large Cap Core Index - Benchmark TR Gross. It was launched on Sep 20, 2021. VOTE is a passively managed fund by Engine No. 1 LLC that tracks the performance of the Morningstar US Large Cap Index. It was launched on Jun 22, 2021. Both FEUS and VOTE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FEUS vs. VOTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS) and Engine No. 1 Transform 500 ETF (VOTE). The values are adjusted to include any dividend payments, if applicable.

FEUS vs. VOTE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FEUS FlexShares ESG & Climate US Large Cap Core Index Fund	-6.02%	14.67%	23.10%	25.54%	-19.10%	9.97%
VOTE Engine No. 1 Transform 500 ETF	-4.68%	17.95%	25.23%	27.60%	-19.74%	8.66%

Returns By Period

In the year-to-date period, FEUS achieves a -6.02% return, which is significantly lower than VOTE's -4.68% return.

FEUS

• 1D: 2.76%
• 1M: -4.56%
• YTD: -6.02%
• 6M: -3.35%
• 1Y: 13.78%
• 3Y*: 15.64%
• 5Y*: —
• 10Y*: —

VOTE

• 1D: 2.86%
• 1M: -4.95%
• YTD: -4.68%
• 6M: -2.30%
• 1Y: 17.91%
• 3Y*: 18.54%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FEUS vs. VOTE - Expense Ratio Comparison

FEUS has a 0.09% expense ratio, which is higher than VOTE's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

FEUS

FlexShares ESG & Climate US Large Cap Core Index Fund

VOTE

Engine No. 1 Transform 500 ETF

Return for Risk

FEUS vs. VOTE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FEUS

FEUS Risk / Return Rank: 45
FEUS Sharpe Ratio Rank: 41
FEUS Sortino Ratio Rank: 43
FEUS Omega Ratio Rank: 45
FEUS Calmar Ratio Rank: 44
FEUS Martin Ratio Rank: 52

VOTE

VOTE Risk / Return Rank: 63
VOTE Sharpe Ratio Rank: 57
VOTE Sortino Ratio Rank: 60
VOTE Omega Ratio Rank: 64
VOTE Calmar Ratio Rank: 62
VOTE Martin Ratio Rank: 72

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FEUS vs. VOTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS) and Engine No. 1 Transform 500 ETF (VOTE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FEUS	VOTE	Difference
Sharpe ratio Return per unit of total volatility	0.76	0.97	-0.21
Sortino ratio Return per unit of downside risk	1.21	1.49	-0.27
Omega ratio Gain probability vs. loss probability	1.18	1.23	-0.05
Calmar ratio Return relative to maximum drawdown	1.16	1.52	-0.36
Martin ratio Return relative to average drawdown	5.19	7.13	-1.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FEUS vs. VOTE - Sharpe Ratio Comparison

The current FEUS Sharpe Ratio is 0.76, which is comparable to the VOTE Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of FEUS and VOTE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FEUS	VOTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	0.97	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.61	-0.08

Correlation

The correlation between FEUS and VOTE is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FEUS vs. VOTE - Dividend Comparison

FEUS's dividend yield for the trailing twelve months is around 1.15%, more than VOTE's 1.04% yield.

	TTM	2025	2024	2023	2022	2021
FEUS FlexShares ESG & Climate US Large Cap Core Index Fund	1.15%	1.06%	1.15%	1.41%	1.48%	0.36%
VOTE Engine No. 1 Transform 500 ETF	1.04%	1.03%	1.18%	1.33%	1.54%	0.54%

Drawdowns

FEUS vs. VOTE - Drawdown Comparison

The maximum FEUS drawdown since its inception was -25.31%, roughly equal to the maximum VOTE drawdown of -25.71%. Use the drawdown chart below to compare losses from any high point for FEUS and VOTE.

Drawdown Indicators

	FEUS	VOTE	Difference
Max Drawdown Largest peak-to-trough decline	-25.31%	-25.71%	+0.40%
Max Drawdown (1Y) Largest decline over 1 year	-12.46%	-12.07%	-0.39%
Current Drawdown Current decline from peak	-7.06%	-6.51%	-0.55%
Average Drawdown Average peak-to-trough decline	-6.56%	-6.34%	-0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	2.57%	+0.21%

Volatility

FEUS vs. VOTE - Volatility Comparison

FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS) and Engine No. 1 Transform 500 ETF (VOTE) have volatilities of 5.25% and 5.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEUS	VOTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.25%	5.35%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	9.53%	9.71%	-0.18%
Volatility (1Y) Calculated over the trailing 1-year period	18.17%	18.49%	-0.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.17%	17.31%	-0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.17%	17.31%	-0.14%