FLJH vs. QLVD ETF Comparison

Comparison of Franklin FTSE Japan Hedged ETF (FLJH) to FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD)

FLJH

Franklin FTSE Japan Hedged ETF

FLJH Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Japan RIC Capped Hedged to USD Index (the FTSE Japan Capped Hedged Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Japan Capped Hedged Index and in depositary receipts representing such securities, including indirectly through the Franklin FTSE Japan ETF (underlying fund). The FTSE Japan Capped Hedged Index is based on the FTSE Japan Hedged to USD Index and is designed to measure the performance of Japanese large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$31.36

Average Daily Volume

24,666

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLVD

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund

QLVD 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

$27.10

Average Daily Volume

3,321

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLJH	QLVD
30 Days	2.06%	-2.88%
60 Days	2.83%	-5.19%
90 Days	2.38%	-4.88%
12 Months	20.71%	11.23%

1 Overlapping Holdings

	Symbol	Grade	Weight in FLJH	Weight in QLVD	Overlap
	MFG	A	1.25%	1.18%	1.18%

FLJH Overweight 10 Positions Relative to QLVD

Symbol	Grade	Weight
TM	F	4.59%
MUFG	B	2.89%
SONY	B	2.5%
SMFG	B	1.9%
HMC	F	0.94%
NMR	B	0.36%
AGCO	D	0.11%
MBAVU	C	0.09%
PIXY	F	0.02%
MNTX	B	0.01%

FLJH Underweight 5 Positions Relative to QLVD

Symbol	Grade	Weight
UL	D	-2.75%
NVS	F	-2.43%
CNI	F	-1.27%
TD	D	-0.55%
HSBH	B	-0.16%