CLOD vs. QLV ETF Comparison

Comparison of Themes Cloud Computing ETF (CLOD) to FlexShares US Quality Low Volatility Index Fund (QLV)

CLOD

Themes Cloud Computing ETF

CLOD Description

The index is designed to provide exposure to companies that have business operations in the field of cloud computing based in developed market countries. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.27

Average Daily Volume

225

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$67.22

Average Daily Volume

10,357

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	CLOD	QLV
30 Days	13.20%	0.23%
60 Days	14.89%	1.42%
90 Days	18.09%	3.24%
12 Months		25.29%

6 Overlapping Holdings

Symbol	Grade	Weight in CLOD	Weight in QLV	Overlap
AMZN	C	4.48%	2.5%	2.5%
BAH	F	0.83%	0.5%	0.5%
CHKP	D	0.63%	0.72%	0.63%
GOOGL	C	4.47%	0.87%	0.87%
MSFT	F	4.09%	7.86%	4.09%
ZM	B	0.96%	0.7%	0.7%

CLOD Overweight 39 Positions Relative to QLV

Symbol	Grade	Weight
CRM	B	4.63%
NOW	A	4.55%
INTU	C	4.52%
PANW	C	4.43%
ORCL	B	4.39%
ADBE	C	4.17%
MELI	D	3.84%
CDNS	B	3.62%
CRWD	B	3.6%
SNPS	B	3.56%
MSTR	C	3.14%
APP	B	2.99%
ADSK	A	2.87%
FTNT	C	2.52%
WDAY	B	2.48%
SNOW	C	1.85%
TEAM	A	1.73%
DDOG	A	1.67%
HUBS	A	1.51%
ANSS	B	1.35%
NET	B	1.27%
GDDY	A	1.15%
MDB	C	0.92%
ZS	C	0.85%
NTNX	A	0.77%
MANH	D	0.77%
GEN	B	0.74%
VRSN	F	0.71%
FFIV	B	0.65%
DT	C	0.62%
CYBR	B	0.61%
AKAM	D	0.59%
OKTA	C	0.54%
CACI	D	0.46%
WIX	B	0.44%
CVLT	B	0.33%
CFLT	B	0.28%
DBX	B	0.26%
IDCC	A	0.21%

CLOD Underweight 108 Positions Relative to QLV

Symbol	Grade	Weight
NVDA	C	-5.54%
AAPL	C	-5.13%
PG	A	-3.17%
LLY	F	-2.4%
MRK	F	-2.29%
V	A	-2.25%
MCD	D	-1.97%
IBM	C	-1.77%
JNJ	D	-1.68%
VZ	C	-1.58%
PEP	F	-1.52%
T	A	-1.46%
META	D	-1.27%
XOM	B	-1.15%
TMUS	B	-1.14%
GILD	C	-1.11%
LMT	D	-1.07%
ABBV	D	-0.97%
ABT	B	-0.92%
ADP	B	-0.92%
CME	A	-0.91%
QLYS	C	-0.89%
ATR	B	-0.89%
WTW	B	-0.87%
DUK	C	-0.87%
TXN	C	-0.86%
PSA	D	-0.84%
AIZ	A	-0.84%
WEC	A	-0.83%
WDFC	B	-0.81%
TYL	B	-0.81%
ED	D	-0.77%
K	A	-0.77%
RGLD	C	-0.77%
DOX	D	-0.76%
LSTR	D	-0.74%
CHE	D	-0.74%
AMGN	D	-0.73%
CB	C	-0.72%
GIS	D	-0.72%
WM	A	-0.68%
SO	D	-0.68%
QGEN	D	-0.67%
TRV	B	-0.66%
DTM	B	-0.65%
DLR	B	-0.65%
AVY	D	-0.64%
GOOG	C	-0.62%
CALM	A	-0.62%
EQIX	A	-0.62%
ALL	A	-0.62%
XEL	A	-0.62%
GD	F	-0.61%
PKG	A	-0.61%
SMMT	D	-0.61%
NOC	D	-0.6%
BRK.A	B	-0.59%
CINF	A	-0.59%
RSG	A	-0.58%
WCN	A	-0.57%
CTVA	C	-0.57%
AZO	C	-0.56%
AEE	A	-0.56%
SIGI	C	-0.55%
STNG	F	-0.55%
MKL	A	-0.54%
CMS	C	-0.53%
JKHY	D	-0.53%
SCI	B	-0.53%
CTRA	B	-0.53%
WRB	A	-0.53%
ADC	B	-0.52%
AEP	D	-0.52%
PNW	B	-0.52%
TSCO	D	-0.5%
SON	D	-0.49%
CHRW	C	-0.49%
FLO	D	-0.47%
REGN	F	-0.47%
HSY	F	-0.46%
TTEK	F	-0.46%
NBIX	C	-0.43%
HRL	D	-0.4%
AVGO	D	-0.4%
VRSK	A	-0.39%
BMRN	D	-0.37%
NFG	A	-0.37%
HII	D	-0.36%
MCK	B	-0.35%
SLGN	A	-0.33%
DDS	B	-0.3%
BMI	B	-0.28%
CRUS	D	-0.26%
EA	A	-0.23%
PM	B	-0.21%
JPM	A	-0.21%
COR	B	-0.2%
LIN	D	-0.19%
ALKS	B	-0.19%
ADI	D	-0.15%
ROP	B	-0.14%
NCNO	B	-0.13%
CAG	D	-0.13%
L	A	-0.11%
CWAN	B	-0.09%
UNH	C	-0.07%
MMC	B	-0.05%
EXPD	D	-0.03%