ADME vs. QDF ETF Comparison

Comparison of Aptus Drawdown Managed Equity ETF (ADME) to FlexShares Quality Dividend Index Fund (QDF)

ADME

Aptus Drawdown Managed Equity ETF

ADME Description

The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.

Grade (RS Rating)

Last Trade

$47.44

Average Daily Volume

34,321

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QDF

FlexShares Quality Dividend Index Fund

QDF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall volatility similar to that of the Northern Trust 1250 IndexSM (the "Parent Index"). It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$72.17

Average Daily Volume

26,562

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	ADME	QDF
30 Days	1.59%	0.01%
60 Days	4.42%	3.35%
90 Days	5.85%	4.74%
12 Months	29.30%	26.45%

27 Overlapping Holdings

Symbol	Grade	Weight in ADME	Weight in QDF	Overlap
AAPL	C	6.97%	8.28%	6.97%
ABBV	F	0.79%	2.67%	0.79%
ACN	B	1.11%	1.93%	1.11%
ADP	A	0.32%	1.13%	0.32%
AVGO	C	2.05%	0.94%	0.94%
BAC	A	0.94%	0.02%	0.02%
BR	A	0.4%	0.3%	0.3%
CAT	B	1.75%	0.76%	0.76%
COST	B	1.01%	0.24%	0.24%
CTAS	B	0.95%	0.4%	0.4%
GOOG	C	3.74%	1.65%	1.65%
INTU	A	1.0%	1.77%	1.0%
JNJ	D	1.08%	2.98%	1.08%
JPM	A	1.86%	0.72%	0.72%
LMT	D	1.67%	0.65%	0.65%
LOW	B	1.25%	1.27%	1.25%
MAR	A	1.04%	0.05%	0.05%
META	B	2.56%	3.22%	2.56%
MO	A	0.6%	0.84%	0.6%
MS	A	1.03%	0.97%	0.97%
MSFT	C	6.27%	4.88%	4.88%
NVDA	A	6.92%	5.94%	5.94%
PG	C	1.1%	2.91%	1.1%
PSA	D	0.49%	0.59%	0.49%
V	A	1.75%	0.39%	0.39%
WMT	A	1.16%	0.13%	0.13%
XOM	B	1.86%	0.49%	0.49%

ADME Overweight 49 Positions Relative to QDF

Symbol	Grade	Weight
AMZN	A	3.76%
NOW	A	1.99%
SYK	A	1.77%
BRK.A	B	1.68%
PGR	A	1.6%
AMAT	F	1.43%
TSLA	B	1.4%
LIN	D	1.37%
LLY	F	1.32%
UNH	B	1.21%
TMUS	A	1.2%
PEP	D	1.18%
TMO	F	1.16%
NFLX	A	1.16%
SO	D	1.04%
FI	A	1.04%
ISRG	A	1.01%
MCD	C	1.01%
CSX	B	0.99%
ADI	D	0.93%
MMC	D	0.91%
AMT	F	0.89%
MSI	B	0.87%
HON	B	0.87%
TJX	A	0.85%
ABT	C	0.83%
PHM	D	0.83%
FANG	C	0.76%
NEE	D	0.73%
MDLZ	F	0.72%
ICE	C	0.71%
DLR	C	0.7%
BMY	B	0.7%
DUK	D	0.65%
DE	D	0.61%
TYL	B	0.61%
C	B	0.58%
ETN	B	0.58%
HCA	D	0.51%
VRTX	B	0.49%
AMD	F	0.47%
EOG	A	0.46%
ADBE	C	0.46%
SHW	A	0.44%
AMGN	F	0.41%
CMCSA	B	0.39%
FCX	F	0.39%
SLB	C	0.24%
ELV	F	0.0%

ADME Underweight 100 Positions Relative to QDF

Symbol	Grade	Weight
KO	F	-2.19%
GOOGL	C	-1.87%
HD	B	-1.73%
QCOM	F	-1.7%
PM	B	-1.32%
UNP	D	-1.27%
GILD	B	-1.08%
LRCX	F	-0.92%
NKE	F	-0.84%
VRT	B	-0.84%
KLAC	F	-0.81%
SBUX	B	-0.75%
ITW	B	-0.74%
ZTS	D	-0.73%
FAST	B	-0.69%
BK	B	-0.67%
MMM	C	-0.66%
PAYX	B	-0.65%
FIS	B	-0.61%
PEG	C	-0.6%
GEN	B	-0.6%
JHG	A	-0.6%
AFL	C	-0.6%
VIRT	B	-0.59%
KTB	A	-0.59%
PRU	B	-0.59%
CMA	A	-0.59%
AVB	B	-0.58%
EBAY	C	-0.58%
D	D	-0.58%
WTW	A	-0.56%
SNA	A	-0.56%
MAA	C	-0.55%
EA	A	-0.55%
OHI	C	-0.54%
MET	C	-0.54%
IVZ	B	-0.53%
ORI	A	-0.53%
EQR	C	-0.53%
CHRW	A	-0.53%
MPC	D	-0.52%
OGE	B	-0.52%
OMF	A	-0.52%
VLO	C	-0.52%
NXPI	F	-0.52%
CPT	C	-0.51%
TPR	A	-0.51%
NSA	D	-0.49%
SMG	D	-0.49%
IPG	F	-0.48%
BPOP	C	-0.48%
MCHP	F	-0.48%
STWD	C	-0.48%
RDN	C	-0.48%
WDFC	B	-0.47%
UGI	D	-0.47%
MRK	F	-0.46%
NUE	D	-0.45%
FAF	C	-0.45%
POOL	D	-0.45%
DVN	F	-0.45%
WU	F	-0.44%
CFR	B	-0.43%
TT	B	-0.43%
HST	D	-0.42%
WY	F	-0.42%
WSM	F	-0.41%
EVRG	A	-0.41%
SWKS	F	-0.41%
LNC	B	-0.4%
RHI	B	-0.39%
PFG	C	-0.39%
ALLY	C	-0.38%
SCCO	F	-0.37%
WMS	F	-0.37%
APLE	B	-0.36%
CUBE	D	-0.36%
IRDM	B	-0.33%
EIX	C	-0.33%
NEP	F	-0.32%
MA	B	-0.26%
OLN	F	-0.26%
NNN	F	-0.23%
NTAP	D	-0.22%
WING	D	-0.2%
RMD	C	-0.18%
HRB	D	-0.17%
DPZ	C	-0.17%
PNW	A	-0.16%
PAYC	B	-0.16%
CL	F	-0.15%
COR	B	-0.14%
BSY	F	-0.13%
EXP	B	-0.09%
WFRD	F	-0.07%
CSWI	B	-0.07%
BKNG	A	-0.07%
COP	C	-0.04%
STNG	F	-0.02%
BBWI	C	-0.01%