IEMG vs. QLVE ETF Comparison

Comparison of iShares Core MSCI Emerging Markets ETF (IEMG) to FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE)

IEMG

iShares Core MSCI Emerging Markets ETF

IEMG Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Emerging Markets Investable Market Index. The underlying index is designed to measure large-, mid- and small-cap equity market performance in the global emerging markets. The fund generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents.

Grade (RS Rating)

Last Trade

$54.21

Average Daily Volume

10,026,588

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLVE

FlexShares Emerging Markets Quality Low Volatility Index Fund

QLVE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Emerging Markets 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 emerging market countries. Under normal circumstances, 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

$25.66

Average Daily Volume

1,225

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IEMG	QLVE
30 Days	-4.07%	-4.07%
60 Days	-2.01%	-3.07%
90 Days	-1.49%	-1.52%
12 Months	12.66%	14.89%

7 Overlapping Holdings

Symbol	Grade	Weight in IEMG	Weight in QLVE	Overlap
BABA	D	1.89%	2.4%	1.89%
BIDU	F	0.26%	0.04%	0.04%
CHT	D	0.15%	0.93%	0.15%
HDB	C	0.96%	0.46%	0.46%
IBN	C	0.86%	0.67%	0.67%
TCOM	B	0.37%	0.02%	0.02%
UMC	F	0.17%	0.16%	0.16%

IEMG Overweight 14 Positions Relative to QLVE

Symbol	Grade	Weight
YUMC	C	0.2%
LI	F	0.15%
BGNE	D	0.11%
WIT	A	0.1%
XPEV	C	0.09%
TME	D	0.09%
NIO	F	0.07%
BILI	D	0.05%
GDS	C	0.03%
MNSO	F	0.02%
TSM	B	0.01%
IMOS	F	0.01%
IDR	D	0.0%
CNH	C	0.0%

IEMG Underweight 6 Positions Relative to QLVE

Symbol	Grade	Weight
BAP	B	-1.04%
SKM	D	-0.78%
PDD	F	-0.73%
KT	A	-0.55%
NTES	D	-0.46%
VALE	F	-0.17%