Trend Table for QLVD - FlexShares Developed Markets ex-US Quality Low Volatility Index Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	B	Weak or Absent	Up	Up	Up	8.69%
May 7	B	Weak or Absent	Up	Up	Up	8.62%
May 6	A	Weak or Absent	Up	Up	Up	8.80%
May 3	B	Weak or Absent	Up	Flat	Up	9.28%
May 2	C	Weak or Absent	Up	Flat	Up	9.86%
May 1	C	Weak or Absent	Up	Down	Flat	11.06%
Apr 30	B	Weak or Absent	Up	Down	Flat	10.85%
Apr 29	C	Weak or Absent	Up	Flat	Up	9.86%
Apr 26	C	Weak or Absent	Up	Flat	Up	10.22%
Apr 25	B	Weak or Absent	Up	Down	Up	10.49%