INTF vs. IQDF ETF Comparison

Comparison of iShares FactorSelect MSCI International ETF (INTF) to FlexShares International Quality Dividend Index Fund (IQDF)

INTF

iShares FactorSelect MSCI International ETF

INTF Description

The investment seeks to track the investment results of the MSCI World ex USA Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to select equity securities from MSCI World ex USA Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.25

Average Daily Volume

126,770

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IQDF

FlexShares International Quality Dividend Index Fund

IQDF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust International Quality Dividend IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in its underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of international equity securities issued by non-U.S.-based companies, with an emphasis on long-term capital growth and a targeted overall volatility.

Grade (RS Rating)

Last Trade

$25.44

Average Daily Volume

57,815

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INTF	IQDF
30 Days	2.61%	2.79%
60 Days	2.61%	3.52%
90 Days	6.28%	8.80%
12 Months	15.66%	20.24%

7 Overlapping Holdings

Symbol	Grade	Weight in INTF	Weight in IQDF	Overlap
BCS	A	0.14%	0.88%	0.14%
CNI	D	0.03%	0.04%	0.03%
MUFG	B	0.6%	0.52%	0.52%
NVS	B	1.36%	1.89%	1.36%
SMFG	B	0.44%	0.66%	0.44%
STLA	F	0.23%	0.42%	0.23%
UL	A	0.29%	0.07%	0.07%

INTF Overweight 14 Positions Relative to IQDF

Symbol	Grade	Weight
NVO	C	2.79%
TM	F	1.04%
GIB	D	0.69%
MFG	B	0.51%
SONY	B	0.4%
E	D	0.36%
ABBV	B	0.35%
DEO	F	0.34%
HMC	F	0.3%
STM	D	0.14%
AEI	C	0.09%
NMR	C	0.09%
LYG	A	0.08%
LOGI	D	0.05%

INTF Underweight 2 Positions Relative to IQDF

	Symbol	Grade	Weight
	BABA	C	-0.31%
	UMC	C	-0.26%