IEDI vs. QLV ETF Comparison

Comparison of iShares Evolved U.S. Discretionary Spending ETF (IEDI) to FlexShares US Quality Low Volatility Index Fund (QLV)

IEDI

iShares Evolved U.S. Discretionary Spending ETF

IEDI Description

The investment seeks to provide access to U.S. companies with discretionary spending exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization discretionary spending companies. It will hold common stock of those companies that fall into the Discretionary Spending Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as consumer discretionary companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.00

Average Daily Volume

2,874

Number of Holdings ^*

200

* 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

$66.02

Average Daily Volume

3,613

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	IEDI	QLV
30 Days	3.32%	1.63%
60 Days	5.26%	4.53%
90 Days	4.36%	5.65%
12 Months	29.29%	25.53%

14 Overlapping Holdings

Symbol	Grade	Weight in IEDI	Weight in QLV	Overlap
AAPL	D	1.0%	5.11%	1.0%
AMZN	C	1.0%	2.13%	1.0%
AZO	D	1.0%	0.58%	0.58%
CHE	C	1.0%	0.78%	0.78%
DDS	D	1.0%	0.25%	0.25%
FLO	C	1.0%	0.51%	0.51%
GIS	B	1.0%	0.86%	0.86%
MCD	C	1.0%	1.97%	1.0%
MCK	F	1.0%	0.3%	0.3%
META	A	1.0%	1.14%	1.0%
PG	C	1.0%	3.43%	1.0%
SCI	B	1.0%	0.51%	0.51%
TSCO	C	1.0%	0.5%	0.5%
V	B	1.0%	2.15%	1.0%

IEDI Overweight 186 Positions Relative to QLV

Symbol	Grade	Weight
CAR	F	1.0%
SNA	B	1.0%
PVH	F	1.0%
MIDD	C	1.0%
OXM	D	1.0%
PK	D	1.0%
BLD	D	1.0%
DRVN	C	1.0%
CLX	C	1.0%
LOPE	D	1.0%
ZTS	B	1.0%
VSTS	D	1.0%
MKC	B	1.0%
IPAR	D	1.0%
UHAL	B	1.0%
JACK	F	1.0%
HOOD	C	1.0%
TTWO	D	1.0%
FOUR	C	1.0%
OMC	A	1.0%
PRKS	C	1.0%
APLE	D	1.0%
CBRL	D	1.0%
MSM	D	1.0%
TKO	B	1.0%
AAL	D	1.0%
BLMN	F	1.0%
VAC	F	1.0%
RHI	D	1.0%
HGV	D	1.0%
IAC	C	1.0%
COTY	F	1.0%
HON	D	1.0%
MAT	C	1.0%
INVH	C	1.0%
SNAP	F	1.0%
LYFT	D	1.0%
MSGS	B	1.0%
ROL	C	1.0%
CAKE	C	1.0%
GO	F	1.0%
MTCH	C	1.0%
COLM	B	1.0%
AAP	F	1.0%
UAL	B	1.0%
TNL	D	1.0%
LANC	D	1.0%
RRR	D	1.0%
ALK	C	1.0%
FL	D	1.0%
ETSY	F	1.0%
KSS	F	1.0%
RHP	D	1.0%
PZZA	D	1.0%
DUOL	B	1.0%
LNW	B	1.0%
GME	F	1.0%
FCFS	C	1.0%
URBN	D	1.0%
WBA	F	1.0%
LULU	D	1.0%
JWN	B	1.0%
SITE	D	1.0%
WEN	C	1.0%
IPG	C	1.0%
DHI	B	1.0%
VICI	C	1.0%
SIG	C	1.0%
ANF	D	1.0%
H	C	1.0%
CRI	C	1.0%
Z	B	1.0%
CHH	C	1.0%
WYNN	D	1.0%
VVV	D	1.0%
PH	B	1.0%
VFC	C	1.0%
W	D	1.0%
BYD	C	1.0%
SHOO	B	1.0%
AEO	D	1.0%
NFLX	B	1.0%
BFAM	C	1.0%
SHAK	C	1.0%
GPC	D	1.0%
ELF	F	1.0%
ABG	F	1.0%
NCLH	C	1.0%
CL	C	1.0%
EAT	B	1.0%
M	F	1.0%
RL	B	1.0%
CPRI	D	1.0%
PINS	F	1.0%
KTB	B	1.0%
FRPT	B	1.0%
MAS	B	1.0%
AN	D	1.0%
CZR	C	1.0%
TPX	C	1.0%
SKX	C	1.0%
TOST	B	1.0%
HST	D	1.0%
ARMK	B	1.0%
MTN	D	1.0%
RH	B	1.0%
TOL	B	1.0%
LYV	B	1.0%
FDX	C	1.0%
ACI	F	1.0%
GDDY	C	1.0%
TSN	C	1.0%
MGM	D	1.0%
ASO	C	1.0%
UPS	D	1.0%
BOOT	B	1.0%
CCL	C	1.0%
GAP	F	1.0%
LUV	C	1.0%
CROX	C	1.0%
HRB	C	1.0%
LAD	C	1.0%
POOL	C	1.0%
WH	B	1.0%
FIVE	D	1.0%
PFGC	B	1.0%
TPR	C	1.0%
EBAY	B	1.0%
FAST	C	1.0%
BBWI	F	1.0%
EXPE	C	1.0%
GWW	B	1.0%
USFD	B	1.0%
CVNA	B	1.0%
MUSA	C	1.0%
OLLI	C	1.0%
CAVA	B	1.0%
DKNG	D	1.0%
PLNT	A	1.0%
CHDN	C	1.0%
BJ	D	1.0%
DIS	D	1.0%
BBY	B	1.0%
STZ	C	1.0%
PYPL	B	1.0%
KMX	D	1.0%
SYY	D	1.0%
SFM	B	1.0%
CPRT	D	1.0%
FND	C	1.0%
RCL	B	1.0%
MA	B	1.0%
ABNB	D	1.0%
TXRH	D	1.0%
SQ	D	1.0%
DPZ	F	1.0%
CASY	D	1.0%
DLTR	F	1.0%
INTU	D	1.0%
WING	B	1.0%
FERG	C	1.0%
DECK	C	1.0%
DKS	D	1.0%
WSM	C	1.0%
DG	F	1.0%
BURL	B	1.0%
DASH	C	1.0%
DRI	C	1.0%
YUM	D	1.0%
ULTA	D	1.0%
CTAS	C	1.0%
KR	B	1.0%
UBER	C	1.0%
HLT	B	1.0%
MAR	C	1.0%
NKE	D	1.0%
SBUX	C	1.0%
TGT	C	1.0%
ROST	C	1.0%
ORLY	B	1.0%
CMG	C	1.0%
LOW	B	1.0%
TJX	C	1.0%
WMT	B	1.0%
COST	C	1.0%
HD	B	1.0%

IEDI Underweight 100 Positions Relative to QLV

Symbol	Grade	Weight
MSFT	C	-7.68%
NVDA	D	-4.13%
LLY	C	-2.85%
MRK	D	-2.76%
JNJ	B	-1.9%
IBM	B	-1.77%
VZ	B	-1.7%
PEP	C	-1.69%
T	B	-1.45%
LMT	C	-1.17%
ABBV	C	-1.15%
XOM	D	-1.13%
GILD	B	-0.98%
TMUS	C	-0.96%
DUK	C	-0.95%
ABT	C	-0.95%
CME	C	-0.92%
PSA	B	-0.91%
ADP	B	-0.87%
ED	C	-0.87%
TXN	C	-0.87%
WEC	B	-0.84%
WTW	B	-0.83%
AMGN	B	-0.82%
ATR	B	-0.8%
TYL	C	-0.8%
K	A	-0.79%
CHKP	C	-0.79%
RGLD	B	-0.77%
DOX	C	-0.77%
AIZ	B	-0.77%
CB	B	-0.76%
GOOGL	D	-0.76%
WDFC	B	-0.76%
QGEN	B	-0.75%
QLYS	F	-0.74%
LSTR	D	-0.74%
AVY	D	-0.72%
SO	B	-0.72%
REGN	C	-0.71%
STNG	D	-0.71%
WM	D	-0.66%
NOC	B	-0.65%
TRV	B	-0.64%
GD	B	-0.64%
SMMT	C	-0.62%
ALL	A	-0.61%
AEP	B	-0.59%
XEL	A	-0.59%
EQIX	B	-0.59%
WCN	D	-0.59%
BRK.A	C	-0.59%
RSG	D	-0.58%
ZM	C	-0.58%
CTVA	B	-0.57%
CINF	B	-0.56%
DLR	B	-0.56%
WRB	C	-0.55%
AEE	B	-0.55%
CMS	A	-0.55%
ADC	C	-0.54%
HSY	C	-0.54%
JKHY	B	-0.54%
SON	C	-0.54%
PKG	B	-0.54%
PNW	B	-0.53%
TTEK	C	-0.53%
GOOG	D	-0.53%
BAH	B	-0.51%
SIGI	C	-0.51%
HII	C	-0.51%
DTM	B	-0.5%
MKL	C	-0.5%
CTRA	F	-0.49%
CALM	B	-0.48%
BMRN	F	-0.48%
CHRW	B	-0.46%
HRL	C	-0.44%
NBIX	F	-0.43%
VRSK	D	-0.39%
NFG	B	-0.37%
CRUS	D	-0.36%
AVGO	C	-0.34%
SLGN	B	-0.32%
BMI	B	-0.25%
SQSP	A	-0.24%
EA	D	-0.21%
PM	C	-0.21%
JPM	D	-0.2%
ALKS	C	-0.19%
LIN	B	-0.19%
CAG	B	-0.16%
ADI	D	-0.16%
ROP	C	-0.14%
L	B	-0.11%
NCNO	D	-0.1%
UNH	C	-0.07%
CWAN	A	-0.07%
MMC	C	-0.06%
EXPD	B	-0.03%