FEUS vs. QDEF ETF Comparison

Comparison of FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

FEUS

FlexShares ESG & Climate US Large Cap Core Index Fund

FEUS Description

FlexShares ESG & Climate US Large Cap Core Index Fund is an exchange traded indexed fund launched by Northern Trust Corporation. It is managed by Northern Trust Investments, Incorporated. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across large market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Northern Trust ESG & Climate US Large Cap Core Index, by using representative sampling technique. FlexShares ESG & Climate US Large Cap Core Index Fund was formed on September 20, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$64.26

Average Daily Volume

1,057

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

QDEF

FlexShares Quality Dividend Defensive Index Fund

QDEF 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 Defensive 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 that is lower than that of the Northern Trust 1250 IndexSM. It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$71.11

Average Daily Volume

5,791

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

Performance

Period	FEUS	QDEF
30 Days	2.31%	2.72%
60 Days	3.51%	6.48%
90 Days	4.68%	7.99%
12 Months	29.51%	30.41%

38 Overlapping Holdings

Symbol	Grade	Weight in FEUS	Weight in QDEF	Overlap
AAPL	C	6.9%	6.03%	6.03%
ADP	B	1.01%	1.05%	1.01%
AFL	C	0.12%	0.61%	0.12%
AVB	B	0.15%	0.19%	0.15%
AVGO	C	0.49%	0.88%	0.49%
AVY	C	0.17%	0.54%	0.17%
BMY	C	0.05%	0.38%	0.05%
CI	C	0.99%	0.95%	0.95%
CSCO	C	0.09%	0.53%	0.09%
DELL	D	0.3%	0.4%	0.3%
EBAY	B	0.31%	0.42%	0.31%
ED	C	0.36%	0.55%	0.36%
EXC	C	0.4%	0.42%	0.4%
GILD	B	0.45%	0.95%	0.45%
GOOG	D	2.26%	1.01%	1.01%
GOOGL	D	2.51%	1.24%	1.24%
HD	B	0.45%	2.93%	0.45%
IBM	B	1.2%	1.78%	1.2%
IPG	C	0.11%	0.5%	0.11%
JNJ	C	1.55%	3.26%	1.55%
JPM	D	1.9%	0.63%	0.63%
LOW	B	0.05%	0.45%	0.05%
MA	B	1.59%	0.22%	0.22%
MET	B	0.45%	0.5%	0.45%
META	B	1.6%	2.56%	1.6%
MRK	D	1.2%	2.71%	1.2%
MSFT	C	6.77%	5.11%	5.11%
NVDA	D	6.58%	4.97%	4.97%
PAYX	C	0.43%	0.6%	0.43%
PEG	B	0.34%	0.25%	0.25%
PG	C	0.88%	3.01%	0.88%
QCOM	D	0.59%	1.72%	0.59%
TJX	B	0.22%	1.01%	0.22%
V	C	1.74%	0.36%	0.36%
VZ	B	0.86%	0.72%	0.72%
WMT	C	0.83%	0.12%	0.12%
WSM	D	0.16%	0.46%	0.16%
XOM	C	0.08%	0.47%	0.08%

FEUS Overweight 97 Positions Relative to QDEF

Symbol	Grade	Weight
AMZN	C	4.24%
TSLA	C	2.1%
ADBE	F	1.3%
PEP	C	1.24%
CRM	D	1.19%
SPGI	B	1.09%
AMGN	B	1.09%
AXP	B	1.04%
BSX	B	1.04%
UNP	C	1.04%
PFE	C	1.03%
REGN	C	0.96%
PLD	C	0.95%
ELV	C	0.94%
MS	D	0.91%
AMAT	D	0.9%
NKE	D	0.88%
DE	B	0.86%
INTC	F	0.83%
EQIX	C	0.83%
CL	D	0.83%
TT	B	0.82%
MCO	B	0.79%
DIS	D	0.75%
CTAS	B	0.73%
ACN	C	0.73%
CVS	D	0.72%
NOW	B	0.72%
WM	D	0.7%
PYPL	B	0.69%
TGT	C	0.69%
MDT	C	0.66%
BRK.A	C	0.66%
CSX	D	0.65%
ECL	B	0.65%
CMCSA	D	0.64%
SHW	B	0.62%
NEM	B	0.61%
CB	B	0.6%
NSC	C	0.57%
SLB	F	0.56%
MPC	F	0.56%
WMB	B	0.55%
WDAY	D	0.53%
OKE	B	0.53%
LLY	C	0.53%
ABNB	D	0.48%
MSCI	C	0.43%
CMI	C	0.41%
PCG	C	0.4%
SYY	D	0.39%
HUM	F	0.39%
KR	C	0.38%
JCI	B	0.37%
LNG	C	0.36%
HIG	B	0.34%
HPQ	D	0.32%
ADSK	C	0.3%
TSCO	C	0.3%
WAB	B	0.29%
BIIB	F	0.29%
AWK	B	0.29%
C	C	0.29%
BKNG	C	0.27%
NDAQ	A	0.25%
ES	C	0.24%
FSLR	C	0.24%
WY	C	0.23%
HPE	D	0.22%
BLK	B	0.22%
EL	F	0.2%
CLX	C	0.2%
ILMN	C	0.2%
ULTA	D	0.19%
EXPE	C	0.17%
ZM	C	0.16%
LVS	D	0.15%
AKAM	D	0.15%
EQT	D	0.14%
VLO	F	0.14%
ENPH	D	0.14%
XYL	C	0.14%
OC	D	0.13%
BLD	D	0.12%
HST	C	0.12%
BXP	B	0.12%
UNH	C	0.11%
CNH	D	0.09%
MTD	D	0.09%
LULU	D	0.07%
MDLZ	B	0.07%
NEE	C	0.05%
CVX	D	0.04%
HUBB	B	0.03%
MAR	C	0.03%
PPG	D	0.03%
EFX	B	0.02%

FEUS Underweight 83 Positions Relative to QDEF

Symbol	Grade	Weight
ABBV	C	-3.04%
PM	C	-1.65%
INTU	C	-1.23%
LMT	C	-1.13%
AMT	C	-1.03%
TMUS	C	-0.99%
SBUX	C	-0.99%
KLAC	D	-0.94%
MO	C	-0.84%
DUK	C	-0.83%
T	C	-0.76%
KO	C	-0.76%
ITW	C	-0.7%
CME	C	-0.7%
MSI	B	-0.68%
MMM	B	-0.68%
PSA	B	-0.65%
MCK	F	-0.62%
BK	B	-0.61%
D	C	-0.59%
RMD	C	-0.59%
MAA	B	-0.58%
EQR	B	-0.58%
FIS	B	-0.58%
KMB	D	-0.57%
ESS	B	-0.57%
PPL	C	-0.55%
EA	D	-0.55%
VRSK	D	-0.55%
OHI	B	-0.55%
K	B	-0.54%
NSA	B	-0.54%
LDOS	B	-0.54%
CPT	B	-0.54%
WTW	C	-0.54%
VIRT	C	-0.53%
PNW	C	-0.53%
UMBF	B	-0.53%
EME	B	-0.52%
GIS	B	-0.52%
AIZ	B	-0.52%
UNM	B	-0.51%
FAST	C	-0.51%
WDFC	C	-0.51%
ORI	B	-0.51%
DOX	C	-0.5%
BPOP	C	-0.5%
BWXT	D	-0.5%
RDN	C	-0.5%
LSTR	D	-0.49%
IRDM	D	-0.49%
NEP	D	-0.49%
SWKS	D	-0.49%
CSL	B	-0.49%
OTIS	C	-0.49%
WU	F	-0.49%
HRB	C	-0.49%
CSWI	B	-0.48%
CFR	C	-0.48%
OGE	C	-0.47%
STNG	D	-0.46%
CUBE	B	-0.46%
SAIC	C	-0.45%
OMF	D	-0.43%
EXPD	C	-0.43%
CHE	C	-0.41%
EVRG	B	-0.4%
DPZ	F	-0.39%
BSY	D	-0.39%
MSM	D	-0.35%
STWD	B	-0.34%
VRT	C	-0.33%
WEC	C	-0.29%
NNN	C	-0.25%
COST	B	-0.24%
MAS	B	-0.24%
CAH	C	-0.16%
SCCO	D	-0.16%
ROL	C	-0.13%
ZTS	C	-0.12%
BAH	C	-0.12%
DDS	F	-0.1%
BAC	D	-0.02%