DVY vs. QDF ETF Comparison

Comparison of iShares Select Dividend ETF (DVY) to FlexShares Quality Dividend Index Fund (QDF)

DVY

iShares Select Dividend ETF

DVY Description

The investment seeks to track the investment results of an index composed of relatively high dividend paying U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Dividend Index (the "underlying index"), which measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.

Grade (RS Rating)

Last Trade

$138.56

Average Daily Volume

343,973

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

$71.77

Average Daily Volume

25,715

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	DVY	QDF
30 Days	1.23%	-1.16%
60 Days	3.62%	1.50%
90 Days	7.43%	3.09%
12 Months	30.49%	25.09%

25 Overlapping Holdings

Symbol	Grade	Weight in DVY	Weight in QDF	Overlap
CMA	B	0.99%	0.59%	0.59%
D	C	1.69%	0.58%	0.58%
EIX	C	1.4%	0.33%	0.33%
GILD	C	1.39%	1.08%	1.08%
HRB	D	0.79%	0.17%	0.17%
IPG	F	0.93%	0.48%	0.48%
IVZ	C	0.85%	0.53%	0.53%
JHG	B	0.6%	0.6%	0.6%
KO	D	0.84%	2.19%	0.84%
LMT	D	0.94%	0.65%	0.65%
MET	A	0.86%	0.54%	0.54%
MO	A	3.12%	0.84%	0.84%
MRK	F	0.47%	0.46%	0.46%
OGE	A	0.89%	0.52%	0.52%
OMF	A	0.68%	0.52%	0.52%
ORI	A	0.98%	0.53%	0.53%
PEG	C	1.33%	0.6%	0.6%
PFG	C	0.89%	0.39%	0.39%
PM	A	1.97%	1.32%	1.32%
PNW	B	1.1%	0.16%	0.16%
PRU	B	1.33%	0.59%	0.59%
UGI	C	0.52%	0.47%	0.47%
VLO	C	0.73%	0.52%	0.52%
WU	F	0.4%	0.44%	0.4%
XOM	B	1.03%	0.49%	0.49%

DVY Overweight 73 Positions Relative to QDF

Symbol	Grade	Weight
T	A	2.09%
IP	A	2.08%
OKE	A	1.92%
CFG	B	1.92%
KEY	B	1.87%
TFC	A	1.82%
RF	A	1.74%
ETR	A	1.62%
VZ	C	1.61%
HBAN	B	1.57%
PFE	F	1.46%
USB	B	1.4%
FITB	B	1.38%
NI	A	1.38%
BBY	D	1.36%
NRG	B	1.34%
WEC	A	1.31%
CAG	F	1.26%
ES	C	1.24%
NEE	C	1.23%
AEP	C	1.21%
HPQ	B	1.2%
FE	C	1.2%
PPL	A	1.18%
LNT	A	1.17%
TROW	B	1.16%
FHN	A	1.13%
KMB	C	1.1%
NEM	D	1.09%
FNF	A	1.08%
EXC	C	1.07%
LYB	F	1.07%
F	C	1.06%
SRE	A	1.06%
CVX	A	1.05%
CMS	C	1.03%
UNM	A	1.02%
XEL	A	1.0%
DTE	C	1.0%
PKG	B	0.99%
IBM	C	0.99%
CINF	A	0.92%
OMC	C	0.92%
GIS	F	0.91%
GRMN	B	0.9%
STX	D	0.89%
WSO	A	0.83%
FMC	D	0.79%
SW	A	0.78%
CNP	A	0.77%
LAZ	B	0.67%
WHR	B	0.63%
BEN	C	0.62%
UBSI	B	0.61%
FNB	B	0.61%
IDA	A	0.6%
MCD	D	0.56%
GPC	F	0.55%
SON	F	0.51%
NJR	A	0.48%
VLY	B	0.47%
WBA	F	0.47%
BKH	A	0.43%
SWX	A	0.42%
MSM	D	0.42%
NWL	B	0.39%
FHI	B	0.36%
NWE	C	0.35%
HUN	F	0.34%
WEN	C	0.34%
CC	D	0.3%
AVA	C	0.3%
KSS	F	0.2%

DVY Underweight 102 Positions Relative to QDF

Symbol	Grade	Weight
AAPL	C	-8.28%
NVDA	A	-5.94%
MSFT	D	-4.88%
META	C	-3.22%
JNJ	D	-2.98%
PG	C	-2.91%
ABBV	F	-2.67%
ACN	C	-1.93%
GOOGL	B	-1.87%
INTU	B	-1.77%
HD	A	-1.73%
QCOM	F	-1.7%
GOOG	B	-1.65%
UNP	D	-1.27%
LOW	C	-1.27%
ADP	B	-1.13%
MS	A	-0.97%
AVGO	C	-0.94%
LRCX	F	-0.92%
NKE	F	-0.84%
VRT	A	-0.84%
KLAC	F	-0.81%
CAT	C	-0.76%
SBUX	A	-0.75%
ITW	B	-0.74%
ZTS	D	-0.73%
JPM	A	-0.72%
FAST	B	-0.69%
BK	B	-0.67%
MMM	D	-0.66%
PAYX	B	-0.65%
FIS	C	-0.61%
GEN	B	-0.6%
AFL	C	-0.6%
VIRT	A	-0.59%
KTB	A	-0.59%
PSA	C	-0.59%
AVB	B	-0.58%
EBAY	D	-0.58%
WTW	B	-0.56%
SNA	B	-0.56%
MAA	A	-0.55%
EA	A	-0.55%
OHI	B	-0.54%
EQR	C	-0.53%
CHRW	B	-0.53%
MPC	D	-0.52%
NXPI	F	-0.52%
CPT	C	-0.51%
TPR	B	-0.51%
NSA	C	-0.49%
SMG	C	-0.49%
BPOP	C	-0.48%
MCHP	F	-0.48%
STWD	C	-0.48%
RDN	D	-0.48%
WDFC	B	-0.47%
NUE	D	-0.45%
FAF	C	-0.45%
POOL	D	-0.45%
DVN	F	-0.45%
CFR	B	-0.43%
TT	A	-0.43%
HST	D	-0.42%
WY	D	-0.42%
WSM	D	-0.41%
EVRG	A	-0.41%
SWKS	F	-0.41%
LNC	B	-0.4%
CTAS	B	-0.4%
RHI	C	-0.39%
V	A	-0.39%
ALLY	C	-0.38%
SCCO	F	-0.37%
WMS	F	-0.37%
APLE	B	-0.36%
CUBE	C	-0.36%
IRDM	F	-0.33%
NEP	F	-0.32%
BR	B	-0.3%
MA	B	-0.26%
OLN	F	-0.26%
COST	A	-0.24%
NNN	C	-0.23%
NTAP	C	-0.22%
WING	D	-0.2%
RMD	C	-0.18%
DPZ	C	-0.17%
PAYC	B	-0.16%
CL	D	-0.15%
COR	B	-0.14%
WMT	A	-0.13%
BSY	D	-0.13%
EXP	B	-0.09%
WFRD	F	-0.07%
CSWI	A	-0.07%
BKNG	A	-0.07%
MAR	B	-0.05%
COP	B	-0.04%
STNG	D	-0.02%
BAC	A	-0.02%
BBWI	C	-0.01%