IQDE vs. VIGI ETF Comparison

Comparison of FlexShares International Quality Dividend Defensive Index Fund (IQDE) to Vanguard International Dividend Appreciation ETF (VIGI)

IQDE

FlexShares International Quality Dividend Defensive Index Fund

IQDE 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 Defensive 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

$21.72

Average Daily Volume

1,430

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VIGI

Vanguard International Dividend Appreciation ETF

VIGI Description

Vanguard International Dividend Appreciation ETF seeks to track the performance of the NASDAQ International Dividend Achievers Select Index, which focuses on high quality companies located in developed and emerging markets, excluding the United States, that have both the ability and the commitment to grow their dividends over time. The fund attempts to replicate the target index by investing all, or substantially all, of its assets in the broadly diversified collection of securities that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The experience and stability of Vanguard%u2019s Equity Index Group have permitted continuous refinement of techniques for reducing tracking error. The group uses proprietary software to implement trading decisions that accommodate cash flow and maintain close correlation with the indexs key characteristics. Vanguards refined indexing process, combined with low management fees and efficient trading, has provided tight tracking, net of expenses.

Grade (RS Rating)

Last Trade

$82.58

Average Daily Volume

209,500

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQDE	VIGI
30 Days	-2.98%	-2.49%
60 Days	-4.67%	-5.80%
90 Days	-5.64%	-5.19%
12 Months	11.38%	12.64%

4 Overlapping Holdings

Symbol	Grade	Weight in IQDE	Weight in VIGI	Overlap
CNI	D	0.42%	1.35%	0.42%
NVS	D	1.25%	3.96%	1.25%
OTEX	D	0.16%	0.18%	0.16%
SMFG	B	0.61%	1.89%	0.61%

IQDE Overweight 10 Positions Relative to VIGI

Symbol	Grade	Weight
BCS	C	0.49%
BABA	D	0.3%
STLA	F	0.27%
BCH	F	0.22%
SKM	D	0.21%
AGCO	D	0.21%
HSBH	B	0.15%
VALE	F	0.14%
UL	D	0.11%
TD	F	0.05%

IQDE Underweight 5 Positions Relative to VIGI

Symbol	Grade	Weight
SONY	B	-2.48%
DEO	F	-1.55%
LOGI	D	-0.29%
MBAVU	D	-0.1%
MNTX	C	-0.02%