IQDF vs. BBEU ETF Comparison

Comparison of FlexShares International Quality Dividend Index Fund (IQDF) to JPMorgan BetaBuilders Europe ETF (BBEU)

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

$26.24

Average Daily Volume

37,216

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BBEU

JPMorgan BetaBuilders Europe ETF

BBEU Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$61.08

Average Daily Volume

546,549

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQDF	BBEU
30 Days	4.45%	0.26%
60 Days	11.43%	7.30%
90 Days	4.70%	1.96%
12 Months	31.94%	25.70%

4 Overlapping Holdings

Symbol	Grade	Weight in IQDF	Weight in BBEU	Overlap
BCS	B	0.41%	0.39%	0.39%
NVS	D	1.94%	2.01%	1.94%
STLA	F	0.26%	0.29%	0.26%
UL	D	0.08%	1.43%	0.08%

IQDF Overweight 7 Positions Relative to BBEU

Symbol	Grade	Weight
MUFG	D	0.44%
SMFG	D	0.34%
BABA	A	0.32%
UMC	D	0.26%
AGCO	D	0.22%
VALE	D	0.22%
CNI	D	0.03%

IQDF Underweight 7 Positions Relative to BBEU

Symbol	Grade	Weight
ABBV	C	-0.83%
DEO	C	-0.66%
LYG	C	-0.43%
FLUT	B	-0.34%
E	C	-0.3%
CCEP	C	-0.14%
QGEN	F	-0.09%