BIV vs. QLC ETF Comparison

Comparison of Vanguard Intermediate-Term Bond ETF (BIV) to FlexShares US Quality Large Cap Index Fund (QLC)

BIV

Vanguard Intermediate-Term Bond ETF

BIV Description

The investment seeks the performance of a market-weighted bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$77.30

Average Daily Volume

1,048,975

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

QLC

FlexShares US Quality Large Cap Index Fund

QLC Description

FlexShares Trust - FlexShares US Quality Large Cap Index Fund is an exchange traded fund launched by Northern Trust Corporation. The fund is managed by Northern Trust Investments, Incorporated. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of large-cap companies. The fund seeks to track the performance of the Northern Trust Quality Large Cap Index, by employing representative sampling methodology. FlexShares Trust - FlexShares US Quality Large Cap Index Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$64.91

Average Daily Volume

45,344

Number of Holdings ^*

162

* may have additional holdings in another (foreign) market

Performance

Period	BIV	QLC
30 Days	-0.60%	4.16%
60 Days	0.34%	10.83%
90 Days	3.60%	4.05%
12 Months	11.64%	38.17%

110 Overlapping Holdings

Symbol	Grade	Weight in BIV	Weight in QLC	Overlap
AAPL	C	0.01%	7.78%	0.01%
ABBV	C	0.05%	0.23%	0.05%
ABT	C	0.01%	0.13%	0.01%
ADBE	F	0.02%	0.84%	0.02%
ADI	B	0.02%	0.53%	0.02%
ADM	F	0.02%	0.02%	0.02%
ADP	A	0.02%	0.05%	0.02%
AFL	A	0.01%	0.64%	0.01%
AIG	C	0.01%	0.51%	0.01%
AMAT	C	0.01%	0.8%	0.01%
AMGN	D	0.01%	0.64%	0.01%
AMZN	C	0.02%	2.21%	0.02%
AVB	C	0.01%	0.55%	0.01%
AVGO	B	0.01%	1.77%	0.01%
AZO	D	0.01%	0.59%	0.01%
BAC	B	0.01%	1.3%	0.01%
BBY	C	0.01%	0.21%	0.01%
BK	A	0.01%	0.64%	0.01%
BKNG	B	0.01%	0.56%	0.01%
BMY	A	0.01%	0.42%	0.01%
C	B	0.01%	1.16%	0.01%
CAH	B	0.03%	0.21%	0.03%
CAT	A	0.01%	1.0%	0.01%
CE	D	0.01%	0.13%	0.01%
CI	D	0.01%	0.84%	0.01%
CMCSA	B	0.01%	0.78%	0.01%
CMI	A	0.01%	0.28%	0.01%
COF	A	0.01%	0.59%	0.01%
CRM	B	0.02%	0.03%	0.02%
CSL	A	0.01%	0.36%	0.01%
DELL	C	0.01%	0.29%	0.01%
DFS	A	0.02%	0.14%	0.02%
DHR	D	0.01%	0.05%	0.01%
EA	D	0.02%	0.26%	0.02%
EBAY	A	0.02%	0.52%	0.02%
ED	C	0.01%	0.57%	0.01%
EIX	C	0.01%	0.23%	0.01%
EMR	B	0.01%	0.02%	0.01%
EQR	C	0.01%	0.45%	0.01%
ESS	D	0.01%	0.53%	0.01%
ETR	A	0.01%	0.6%	0.01%
EVRG	C	0.01%	0.03%	0.01%
EXC	C	0.01%	0.41%	0.01%
EXPE	B	0.02%	0.05%	0.02%
FIS	A	0.01%	0.34%	0.01%
FITB	C	0.01%	0.24%	0.01%
FLEX	B	0.01%	0.07%	0.01%
FTNT	A	0.01%	0.42%	0.01%
GE	B	0.02%	1.04%	0.02%
GILD	A	0.01%	0.15%	0.01%
GIS	C	0.01%	0.42%	0.01%
GOOGL	B	0.02%	2.85%	0.02%
GS	B	0.01%	0.58%	0.01%
HCA	C	0.02%	0.23%	0.02%
HD	A	0.01%	0.69%	0.01%
HST	D	0.02%	0.46%	0.02%
INTU	F	0.01%	0.98%	0.01%
ITW	C	0.01%	0.76%	0.01%
JBL	C	0.01%	0.26%	0.01%
JNJ	D	0.01%	1.61%	0.01%
JPM	C	0.01%	1.83%	0.01%
KLAC	B	0.02%	0.81%	0.02%
KMB	D	0.01%	0.47%	0.01%
KR	C	0.01%	0.47%	0.01%
LDOS	A	0.02%	0.57%	0.02%
LEN	C	0.01%	0.11%	0.01%
LLY	D	0.01%	1.39%	0.01%
LMT	A	0.02%	0.68%	0.02%
LOW	C	0.01%	0.47%	0.01%
LRCX	D	0.02%	0.84%	0.02%
LYB	B	0.01%	0.13%	0.01%
MAA	D	0.01%	0.02%	0.01%
MAS	C	0.01%	0.27%	0.01%
MET	A	0.02%	0.55%	0.02%
MMM	C	0.01%	0.27%	0.01%
MO	D	0.01%	0.28%	0.01%
MPC	D	0.01%	0.59%	0.01%
MRK	F	0.02%	1.08%	0.02%
MS	A	0.04%	0.55%	0.04%
MSFT	D	0.1%	4.9%	0.1%
NTAP	D	0.01%	0.18%	0.01%
NUE	D	0.01%	0.42%	0.01%
NVDA	B	0.03%	5.56%	0.03%
NVR	C	0.01%	0.61%	0.01%
OMC	C	0.01%	0.42%	0.01%
ORCL	A	0.01%	1.05%	0.01%
PEG	A	0.01%	0.64%	0.01%
PG	D	0.01%	1.33%	0.01%
PHM	C	0.01%	0.27%	0.01%
PM	D	0.01%	0.52%	0.01%
PRU	B	0.01%	0.27%	0.01%
PSA	C	0.01%	0.54%	0.01%
PSX	D	0.01%	0.2%	0.01%
QCOM	D	0.02%	0.7%	0.02%
REGN	D	0.02%	0.09%	0.02%
ROP	D	0.01%	0.03%	0.01%
SO	A	0.01%	0.9%	0.01%
SPG	A	0.01%	0.62%	0.01%
STLD	C	0.01%	0.45%	0.01%
STT	A	0.01%	0.41%	0.01%
SYF	A	0.02%	0.44%	0.02%
SYK	C	0.02%	0.04%	0.02%
T	B	0.01%	0.78%	0.01%
TGT	C	0.01%	0.07%	0.01%
TXT	F	0.01%	0.02%	0.01%
UPS	D	0.01%	0.38%	0.01%
VLO	F	0.01%	0.54%	0.01%
WAB	A	0.02%	0.27%	0.02%
WFC	B	0.04%	0.34%	0.04%
WY	C	0.02%	0.48%	0.02%

BIV Overweight 374 Positions Relative to QLC

Symbol	Grade	Weight
WIT	C	0.35%
DT	B	0.11%
AXP	A	0.05%
DD	C	0.05%
BIIB	F	0.04%
TMUS	A	0.04%
CB	A	0.03%
KOF	D	0.03%
DLTR	F	0.03%
SLB	D	0.03%
RJF	B	0.03%
BWA	C	0.03%
BMO	B	0.03%
ESGR	C	0.03%
NOW	B	0.03%
TSN	D	0.03%
BABA	A	0.03%
LVS	B	0.02%
NI	A	0.02%
MRO	B	0.02%
INVH	D	0.02%
EOG	B	0.02%
CTAS	C	0.02%
BR	B	0.02%
CPB	D	0.02%
UHS	D	0.02%
XRAY	D	0.02%
QRVO	F	0.02%
MOS	F	0.02%
MTB	A	0.02%
HPQ	B	0.02%
HIG	A	0.02%
HAL	D	0.02%
EFX	D	0.02%
DAL	C	0.02%
DXC	C	0.02%
DOX	B	0.02%
ETN	B	0.02%
BC	C	0.02%
CNO	B	0.02%
CHRW	C	0.02%
ARCC	A	0.02%
AAP	F	0.02%
AMG	B	0.02%
TEL	D	0.02%
VRSN	C	0.02%
ZBH	F	0.02%
TRMB	B	0.02%
PGR	B	0.02%
RL	B	0.02%
DOC	C	0.02%
MCD	A	0.02%
DLR	C	0.02%
NEM	C	0.02%
MU	D	0.02%
GSK	F	0.02%
PH	A	0.02%
GD	C	0.02%
PYPL	A	0.02%
CHTR	D	0.02%
CAG	D	0.02%
SYY	D	0.02%
MPLX	B	0.02%
VTRS	D	0.02%
ET	A	0.02%
MMC	D	0.02%
BSX	A	0.02%
NWG	B	0.02%
FOXA	B	0.02%
CARR	A	0.02%
NOC	B	0.02%
VOD	D	0.02%
MUFG	D	0.02%
WTFC	B	0.01%
SKT	A	0.01%
RS	D	0.01%
ROST	D	0.01%
PWR	A	0.01%
REXR	D	0.01%
SAVE	F	0.01%
GBDC	B	0.01%
ALLE	A	0.01%
AXS	A	0.01%
AVT	B	0.01%
CMA	C	0.01%
CHD	D	0.01%
CBT	B	0.01%
THG	A	0.01%
UNM	A	0.01%
TME	B	0.01%
NOV	F	0.01%
NDAQ	C	0.01%
OGS	C	0.01%
IFF	D	0.01%
L	C	0.01%
JCI	C	0.01%
KMT	C	0.01%
KMPR	D	0.01%
EPRT	C	0.01%
VNO	B	0.01%
WU	D	0.01%
TKR	B	0.01%
WLK	C	0.01%
PNW	C	0.01%
SNA	C	0.01%
RNR	A	0.01%
SF	A	0.01%
PSEC	C	0.01%
DOV	C	0.01%
AFG	A	0.01%
APTV	D	0.01%
WBS	D	0.01%
LII	C	0.01%
OCSL	D	0.01%
MDT	C	0.01%
MCY	B	0.01%
PDM	C	0.01%
MP	C	0.01%
KRG	C	0.01%
EMN	C	0.01%
FSK	A	0.01%
LXP	D	0.01%
OSK	F	0.01%
MKL	B	0.01%
OPI	F	0.01%
BEN	F	0.01%
BDN	B	0.01%
AMH	D	0.01%
WEC	B	0.01%
WB	B	0.01%
ZION	D	0.01%
VRSK	D	0.01%
VNT	F	0.01%
WPC	C	0.01%
R	C	0.01%
SITC	D	0.01%
PKG	B	0.01%
RPM	A	0.01%
PFG	A	0.01%
SCS	D	0.01%
SAFE	C	0.01%
PPG	D	0.01%
SON	D	0.01%
SNX	C	0.01%
FMC	C	0.01%
FLS	A	0.01%
FLO	D	0.01%
EW	F	0.01%
ALL	A	0.01%
BAX	D	0.01%
AIZ	B	0.01%
CME	A	0.01%
AGR	C	0.01%
AGO	B	0.01%
ATO	A	0.01%
CINF	A	0.01%
AEE	A	0.01%
ARW	C	0.01%
ADC	C	0.01%
ACGL	A	0.01%
BKU	D	0.01%
AAT	C	0.01%
OGE	C	0.01%
NVT	C	0.01%
MCO	D	0.01%
GPC	D	0.01%
GP	D	0.01%
HR	D	0.01%
HP	D	0.01%
HIW	C	0.01%
JD	A	0.01%
IEX	D	0.01%
GXO	D	0.01%
EPR	C	0.01%
DHI	C	0.01%
FRT	D	0.01%
STE	D	0.01%
WTRG	D	0.01%
RYN	C	0.01%
ROK	D	0.01%
RF	B	0.01%
SBRA	C	0.01%
REG	C	0.01%
PRE	D	0.01%
NHI	C	0.01%
NEU	F	0.01%
MLM	F	0.01%
MHK	C	0.01%
LIN	C	0.01%
CNH	C	0.01%
AYI	A	0.01%
BRO	A	0.01%
BNS	C	0.01%
BKH	C	0.01%
AAL	D	0.01%
BERY	C	0.01%
AMCR	C	0.01%
CP	C	0.01%
UDR	C	0.01%
WBA	F	0.01%
TD	B	0.01%
TSCO	A	0.01%
SWX	C	0.01%
SWKS	F	0.01%
VOYA	A	0.01%
XYL	C	0.01%
VMC	D	0.01%
KEX	C	0.01%
HUBB	A	0.01%
HSY	D	0.01%
HPP	F	0.01%
JNPR	C	0.01%
ILMN	B	0.01%
KSS	D	0.01%
KRC	C	0.01%
DVN	F	0.01%
CTVA	A	0.01%
FAF	C	0.01%
EXR	D	0.01%
DRI	C	0.01%
DSS	F	0.01%
NFG	A	0.01%
OC	C	0.01%
LEG	D	0.01%
MRVL	C	0.01%
NSC	C	0.01%
KIM	C	0.01%
ORLY	A	0.01%
LNT	B	0.01%
LAZ	C	0.01%
NTRS	B	0.01%
KEYS	B	0.01%
K	B	0.01%
HUN	B	0.01%
HRB	C	0.01%
IPG	D	0.01%
INGR	B	0.01%
HII	F	0.01%
HBAN	B	0.01%
DGX	D	0.01%
DE	C	0.01%
CUBE	C	0.01%
DOW	B	0.01%
AL	D	0.01%
CNP	B	0.01%
CMS	A	0.01%
AVY	D	0.01%
ADSK	B	0.01%
CFG	C	0.01%
BIDU	C	0.01%
APD	C	0.01%
WELL	C	0.01%
TT	A	0.01%
SUI	D	0.01%
VFC	A	0.01%
TJX	D	0.01%
WM	B	0.01%
SJM	D	0.01%
RPRX	D	0.01%
NNN	C	0.01%
LNC	B	0.01%
LH	D	0.01%
LEA	F	0.01%
KEY	B	0.01%
HUM	F	0.01%
GLPI	C	0.01%
GL	C	0.01%
JEF	A	0.01%
HAS	A	0.01%
H	B	0.01%
ES	D	0.01%
EL	D	0.01%
FNF	C	0.01%
CNA	D	0.01%
AWK	D	0.01%
CLX	C	0.01%
BRX	C	0.01%
AES	C	0.01%
A	B	0.01%
BG	F	0.01%
CBOE	B	0.01%
AN	D	0.01%
TXN	C	0.01%
VTR	C	0.01%
SWK	C	0.01%
ZTS	C	0.01%
RGA	B	0.01%
SPGI	C	0.01%
AZN	D	0.01%
AER	C	0.01%
BLK	A	0.01%
BHF	D	0.01%
APH	D	0.01%
CCI	D	0.01%
MSI	A	0.01%
GPN	F	0.01%
ICE	A	0.01%
EQNR	D	0.01%
EQIX	C	0.01%
FDX	F	0.01%
ECL	C	0.01%
NKE	D	0.01%
PAA	B	0.01%
MKC	C	0.01%
MA	A	0.01%
OHI	C	0.01%
O	C	0.01%
NXPI	F	0.01%
HRL	F	0.01%
UNP	F	0.01%
TDY	A	0.01%
TMO	D	0.01%
WRK	C	0.01%
WHR	C	0.01%
PLD	D	0.01%
RSG	D	0.01%
FANG	D	0.01%
CSX	D	0.01%
BXP	B	0.01%
XEL	C	0.01%
SRE	C	0.01%
SBUX	B	0.01%
AEP	C	0.01%
AON	A	0.01%
GM	D	0.01%
EQH	B	0.01%
DTE	B	0.01%
STZ	D	0.01%
EPD	A	0.01%
DG	F	0.01%
DB	A	0.01%
OTIS	A	0.01%
OKE	A	0.01%
LHX	A	0.01%
MDLZ	D	0.01%
KDP	C	0.01%
WMB	A	0.01%
V	B	0.01%
SHW	C	0.01%
PEP	F	0.01%
DUK	C	0.01%
AMT	D	0.01%
COP	D	0.01%
USB	C	0.01%
HON	C	0.01%
D	A	0.01%
CVX	B	0.01%
MAR	A	0.01%
LUV	B	0.01%
CPT	C	0.01%
TFC	D	0.01%
PFE	D	0.01%
SCHW	D	0.01%
ARE	D	0.01%
INTC	D	0.01%
HES	D	0.01%
KO	C	0.01%
PNC	C	0.01%
DIS	D	0.01%
UNH	B	0.01%
KMI	A	0.01%
WMT	A	0.01%
BDX	C	0.01%
NEE	C	0.01%
XOM	A	0.01%
COST	C	0.01%
RTX	A	0.01%
IBM	A	0.01%
UAL	A	0.01%
PCG	C	0.01%
CVS	D	0.01%
HSBC	A	0.01%
VZ	C	0.01%
BA	F	0.01%

BIV Underweight 52 Positions Relative to QLC

Symbol	Grade	Weight
GOOG	B	-2.82%
META	A	-2.51%
BRK.A	B	-2.36%
CSCO	A	-1.19%
ACN	B	-0.7%
MCK	F	-0.65%
TSLA	C	-0.61%
NFLX	A	-0.61%
CBRE	C	-0.61%
FICO	C	-0.59%
GWW	B	-0.58%
PPL	C	-0.57%
COR	F	-0.54%
CHKP	A	-0.52%
NRG	A	-0.49%
MELI	D	-0.43%
EXPD	D	-0.42%
RMD	C	-0.4%
DVA	C	-0.4%
MTD	C	-0.4%
CNC	F	-0.39%
CL	D	-0.37%
CTSH	B	-0.35%
ALLY	F	-0.33%
RCL	B	-0.31%
MCHP	F	-0.28%
PCAR	D	-0.27%
TAP	D	-0.26%
APP	A	-0.24%
OXY	D	-0.23%
HOLX	D	-0.22%
IDXX	D	-0.22%
ABNB	D	-0.21%
DASH	A	-0.21%
ICLR	F	-0.21%
IT	A	-0.19%
PAYX	B	-0.16%
FI	A	-0.16%
ELV	F	-0.16%
WSM	C	-0.16%
HOOD	B	-0.15%
THC	D	-0.15%
UTHR	C	-0.13%
MANH	A	-0.12%
EME	B	-0.11%
AOS	C	-0.1%
GEHC	C	-0.09%
CRBG	B	-0.08%
ZM	B	-0.05%
JLL	C	-0.03%
MEDP	F	-0.02%
LAMR	C	-0.02%