EFIV vs. QLC ETF Comparison

Comparison of SPDR S&P 500 ESG ETF (EFIV) to FlexShares US Quality Large Cap Index Fund (QLC)

EFIV

SPDR S&P 500 ESG ETF

EFIV Description

• Seeks to provide investment results that, before fees and expenses, correspond generally to the S&P 500 ESG Index • EFIV is designed to track an index that is designed to select S&P 500 firms meeting certain sustainability criteria (criteria related to environmental, social and governance factors) while maintaining similar overall industry group weights as the S&P 500 Index • EFIV may serve as a potential ESG core exposure, based on its focus on sustainability criteria and comprehensive market coverage of the flagship core S&P 500 Index

Grade (RS Rating)

Last Trade

$55.01

Average Daily Volume

109,941

Number of Holdings ^*

316

* 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

$64.33

Average Daily Volume

39,077

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

Performance

Period	EFIV	QLC
30 Days	0.90%	1.52%
60 Days	1.36%	2.47%
90 Days	3.76%	4.93%
12 Months	31.66%	35.13%

95 Overlapping Holdings

Symbol	Grade	Weight in EFIV	Weight in QLC	Overlap
AAPL	C	9.5%	7.79%	7.79%
ABBV	C	1.01%	0.23%	0.23%
ABT	C	0.6%	0.14%	0.14%
ACN	C	0.65%	0.71%	0.65%
ADBE	F	0.78%	0.92%	0.78%
ADM	D	0.09%	0.02%	0.02%
ADP	B	0.34%	0.05%	0.05%
AFL	C	0.17%	0.63%	0.17%
AIG	D	0.14%	0.52%	0.14%
AMAT	D	0.45%	0.77%	0.45%
AMGN	B	0.52%	0.67%	0.52%
AVB	C	0.1%	0.59%	0.1%
BAC	D	0.78%	1.3%	0.78%
BBY	C	0.06%	0.21%	0.06%
BK	A	0.15%	0.62%	0.15%
BMY	C	0.29%	0.4%	0.29%
C	D	0.32%	1.1%	0.32%
CAH	C	0.08%	0.21%	0.08%
CAT	B	0.49%	0.89%	0.49%
CBRE	A	0.11%	0.6%	0.11%
CI	C	0.3%	0.9%	0.3%
CL	C	0.26%	0.39%	0.26%
CMCSA	D	0.46%	0.75%	0.46%
CMI	C	0.12%	0.27%	0.12%
CNC	C	0.12%	0.4%	0.12%
COF	A	0.16%	0.57%	0.16%
CRM	D	0.73%	0.03%	0.03%
CSCO	B	0.59%	1.14%	0.59%
DFS	B	0.09%	0.14%	0.09%
DHR	C	0.53%	0.05%	0.05%
DVA	B	0.02%	0.41%	0.02%
EA	D	0.1%	0.27%	0.1%
EBAY	B	0.1%	0.51%	0.1%
ED	C	0.11%	0.57%	0.11%
EIX	C	0.1%	0.23%	0.1%
ELV	C	0.38%	0.17%	0.17%
EMR	D	0.17%	0.02%	0.02%
EQR	C	0.08%	0.49%	0.08%
ETR	A	0.08%	0.59%	0.08%
EXC	B	0.12%	0.41%	0.12%
EXPE	C	0.05%	0.04%	0.04%
FIS	B	0.14%	0.35%	0.14%
FITB	B	0.08%	0.25%	0.08%
GE	A	0.55%	1.01%	0.55%
GILD	B	0.31%	0.15%	0.15%
GIS	B	0.12%	0.42%	0.12%
GOOG	D	2.25%	2.7%	2.25%
GOOGL	D	2.69%	2.73%	2.69%
GS	C	0.45%	0.57%	0.45%
GWW	A	0.13%	0.56%	0.13%
HD	A	1.1%	0.65%	0.65%
HOLX	C	0.06%	0.22%	0.06%
HST	C	0.04%	0.46%	0.04%
IDXX	D	0.12%	0.22%	0.12%
ITW	C	0.2%	0.75%	0.2%
JPM	D	1.75%	1.83%	1.75%
KLAC	D	0.29%	0.83%	0.29%
KR	C	0.11%	0.47%	0.11%
LLY	C	2.21%	1.49%	1.49%
LOW	A	0.43%	0.45%	0.43%
LRCX	F	0.29%	0.83%	0.29%
LYB	F	0.07%	0.13%	0.07%
MAS	B	0.05%	0.26%	0.05%
MET	A	0.14%	0.52%	0.14%
MPC	D	0.17%	0.59%	0.17%
MRK	D	0.86%	1.1%	0.86%
MS	C	0.36%	0.53%	0.36%
MSFT	C	9.39%	5.1%	5.1%
MTD	D	0.09%	0.4%	0.09%
NVDA	D	8.67%	5.76%	5.76%
OMC	B	0.06%	0.42%	0.06%
OXY	F	0.1%	0.22%	0.1%
PAYX	C	0.13%	0.15%	0.13%
PCAR	D	0.15%	0.27%	0.15%
PEG	A	0.12%	0.6%	0.12%
PG	C	1.21%	1.36%	1.21%
PHM	B	0.08%	0.26%	0.08%
PRU	C	0.12%	0.27%	0.12%
PSA	B	0.17%	0.54%	0.17%
PSX	D	0.16%	0.19%	0.16%
QCOM	F	0.55%	0.72%	0.55%
RCL	A	0.12%	0.31%	0.12%
REGN	C	0.37%	0.11%	0.11%
RMD	C	0.11%	0.42%	0.11%
STT	B	0.07%	0.4%	0.07%
SYF	C	0.06%	0.43%	0.06%
SYK	C	0.37%	0.05%	0.05%
T	C	0.46%	0.78%	0.46%
TAP	D	0.03%	0.26%	0.03%
TGT	C	0.2%	0.07%	0.07%
TSLA	C	1.89%	0.55%	0.55%
UPS	F	0.28%	0.37%	0.28%
VLO	F	0.13%	0.53%	0.13%
WAB	A	0.09%	0.26%	0.09%
WY	C	0.07%	0.47%	0.07%

EFIV Overweight 221 Positions Relative to QLC

Symbol	Grade	Weight
UNH	C	1.6%
XOM	D	1.48%
V	C	1.33%
MA	B	1.2%
COST	B	1.2%
WMT	B	1.01%
KO	B	0.82%
AMD	D	0.72%
PEP	D	0.72%
CVX	D	0.71%
LIN	B	0.66%
MCD	B	0.62%
NEE	C	0.51%
PFE	C	0.49%
SPGI	A	0.49%
DIS	D	0.48%
UNP	C	0.45%
AXP	B	0.43%
UBER	C	0.42%
TJX	C	0.39%
BLK	B	0.37%
PLD	C	0.36%
ETN	C	0.36%
BSX	B	0.36%
CB	B	0.35%
MDT	C	0.35%
MMC	C	0.34%
AMT	C	0.33%
SBUX	C	0.33%
TMUS	C	0.31%
DE	B	0.3%
MU	F	0.29%
MDLZ	C	0.29%
NKE	D	0.28%
SCHW	D	0.27%
ICE	C	0.27%
ZTS	C	0.26%
SHW	B	0.26%
EQIX	B	0.25%
TT	A	0.24%
INTC	F	0.24%
WM	D	0.23%
WELL	C	0.23%
CMG	C	0.23%
CME	C	0.23%
PYPL	B	0.22%
PH	A	0.22%
MCO	A	0.22%
AON	B	0.22%
PNC	A	0.21%
CTAS	C	0.21%
CVS	F	0.21%
BDX	F	0.2%
USB	B	0.2%
CARR	B	0.19%
ECL	A	0.19%
AJG	D	0.19%
CSX	D	0.19%
FCX	D	0.18%
NEM	B	0.18%
APD	B	0.18%
DHI	C	0.17%
MAR	C	0.17%
SLB	F	0.17%
NSC	C	0.17%
GM	B	0.16%
OKE	B	0.16%
TRV	B	0.16%
HLT	B	0.16%
WMB	B	0.16%
ADSK	C	0.16%
TFC	D	0.16%
ROST	C	0.15%
SRE	B	0.15%
DLR	B	0.15%
JCI	B	0.14%
URI	B	0.14%
ALL	B	0.14%
AMP	B	0.13%
TEL	D	0.13%
MSCI	C	0.13%
PWR	B	0.12%
HUM	F	0.12%
A	C	0.12%
KMI	A	0.12%
EW	F	0.12%
ACGL	B	0.12%
RSG	D	0.12%
IR	C	0.11%
OTIS	C	0.11%
EXR	B	0.11%
YUM	F	0.11%
SYY	D	0.11%
AME	C	0.11%
KDP	B	0.11%
VRSK	D	0.11%
CTVA	B	0.11%
TRGP	B	0.1%
BKR	C	0.1%
IRM	B	0.1%
HIG	B	0.1%
HES	D	0.1%
DOW	D	0.1%
BIIB	F	0.09%
PPG	D	0.09%
HSY	D	0.09%
WTW	C	0.09%
ON	F	0.09%
TSCO	C	0.09%
NDAQ	A	0.09%
ROK	F	0.09%
LULU	D	0.09%
FANG	D	0.09%
CSGP	D	0.09%
XYL	D	0.09%
FTV	C	0.08%
SBAC	C	0.08%
DOV	B	0.08%
VTR	C	0.08%
IFF	C	0.08%
AXON	A	0.08%
MTB	A	0.08%
KHC	C	0.08%
GPN	D	0.08%
DAL	C	0.08%
AWK	C	0.08%
HPQ	D	0.08%
CPAY	C	0.07%
SW	C	0.07%
MRNA	F	0.07%
TROW	D	0.07%
ES	C	0.07%
TTWO	D	0.07%
DECK	D	0.07%
HAL	F	0.07%
BR	D	0.07%
DVN	D	0.07%
WAT	C	0.06%
ARE	C	0.06%
GPC	D	0.06%
EL	F	0.06%
EQT	D	0.06%
BAX	C	0.06%
RF	B	0.06%
BALL	C	0.06%
WDC	D	0.06%
HBAN	B	0.06%
MKC	C	0.06%
HUBB	A	0.06%
K	A	0.06%
ZBH	F	0.06%
RJF	C	0.06%
HPE	D	0.06%
CBOE	C	0.06%
AMCR	C	0.05%
KIM	C	0.05%
DOC	C	0.05%
DGX	C	0.05%
EG	C	0.05%
CCL	C	0.05%
AVY	D	0.05%
FDS	C	0.05%
TSN	D	0.05%
PFG	B	0.05%
NTRS	B	0.05%
ULTA	D	0.05%
CFG	C	0.05%
APTV	D	0.05%
KMX	D	0.04%
ALLE	C	0.04%
SJM	C	0.04%
REG	C	0.04%
JKHY	C	0.04%
JBHT	D	0.04%
POOL	D	0.04%
UDR	C	0.04%
CF	C	0.04%
LVS	D	0.04%
AKAM	D	0.04%
IEX	D	0.04%
SWK	B	0.04%
KEY	B	0.04%
CAG	C	0.04%
PNR	B	0.04%
FRT	C	0.03%
GL	C	0.03%
HAS	B	0.03%
DAY	D	0.03%
HRL	D	0.03%
LW	D	0.03%
TPR	C	0.03%
MGM	D	0.03%
NWSA	D	0.03%
CPB	B	0.03%
CRL	F	0.03%
AIZ	B	0.03%
MKTX	C	0.03%
ALB	F	0.03%
LKQ	F	0.03%
INCY	C	0.03%
TFX	C	0.03%
BXP	B	0.03%
IPG	C	0.03%
CHRW	A	0.03%
BEN	F	0.02%
BBWI	F	0.02%
ETSY	F	0.02%
WBA	F	0.02%
BIO	C	0.02%
AAL	D	0.02%
IVZ	B	0.02%
WYNN	D	0.02%
RL	B	0.02%
BWA	D	0.02%
MHK	C	0.02%
FMC	C	0.02%
CZR	C	0.02%
NCLH	C	0.02%
MOS	F	0.02%
NWS	D	0.01%
PARA	F	0.01%

EFIV Underweight 66 Positions Relative to QLC

Symbol	Grade	Weight
BRK.A	C	-2.35%
META	A	-2.32%
AMZN	C	-2.26%
AVGO	C	-1.8%
JNJ	C	-1.67%
INTU	C	-1.08%
ORCL	B	-1.03%
SO	A	-0.9%
MCK	F	-0.69%
LMT	B	-0.65%
NFLX	B	-0.62%
SPG	A	-0.61%
FICO	B	-0.59%
NVR	B	-0.59%
AZO	D	-0.59%
PPL	B	-0.57%
BKNG	B	-0.57%
ESS	C	-0.57%
PM	C	-0.56%
LDOS	B	-0.55%
ADI	C	-0.54%
CHKP	A	-0.54%
KMB	D	-0.48%
MELI	B	-0.46%
NRG	A	-0.43%
FTNT	B	-0.42%
NUE	F	-0.4%
STLD	D	-0.4%
EXPD	C	-0.4%
CTSH	C	-0.36%
CSL	B	-0.34%
WFC	D	-0.33%
ALLY	D	-0.32%
DELL	C	-0.3%
MO	C	-0.29%
MCHP	D	-0.28%
MMM	A	-0.27%
ICLR	D	-0.23%
JBL	D	-0.23%
HCA	A	-0.22%
APP	B	-0.21%
DASH	B	-0.2%
ABNB	D	-0.2%
IT	A	-0.19%
NTAP	D	-0.18%
WSM	D	-0.16%
HOOD	C	-0.15%
THC	B	-0.15%
UTHR	C	-0.13%
MANH	A	-0.12%
CE	F	-0.12%
LEN	C	-0.11%
AOS	D	-0.1%
EME	A	-0.1%
CRBG	D	-0.08%
GEHC	C	-0.08%
SMCI	F	-0.06%
FLEX	C	-0.06%
ZM	C	-0.05%
EVRG	B	-0.03%
JLL	B	-0.03%
ROP	C	-0.03%
MAA	C	-0.02%
TXT	D	-0.02%
MEDP	D	-0.02%
LAMR	A	-0.02%