IQDF vs. IQIN ETF Comparison

Comparison of FlexShares International Quality Dividend Index Fund (IQDF) to IQ 500 International ETF (IQIN)

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

$25.53

Average Daily Volume

32,507

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IQIN

IQ 500 International ETF

IQIN Description

The investment seeks investment results that track (before fees and expenses) generally to the price and yield performance of its underlying index, the IQ 500 International Index (the "underlying index"). The fund invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index ("underlying index components"). The underlying index consists of a number of underlying index components selected in accordance with IndexIQ's rules-based methodology. Such underlying index components will include primarily non-U.S. equity securities.

Grade (RS Rating)

Last Trade

$33.61

Average Daily Volume

60,698

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQDF	IQIN
30 Days	-1.96%	-3.80%
60 Days	-0.44%	-2.95%
90 Days	3.46%	0.39%
12 Months	29.17%	19.48%

9 Overlapping Holdings

Symbol	Grade	Weight in IQDF	Weight in IQIN	Overlap
AGCO	C	0.21%	0.07%	0.07%
BCS	B	0.45%	0.15%	0.15%
CNI	F	0.03%	0.12%	0.03%
HSBH	C	0.51%	0.44%	0.44%
MUFG	C	0.49%	0.2%	0.2%
NVS	D	2.02%	0.59%	0.59%
SMFG	D	0.36%	0.19%	0.19%
STLA	F	0.25%	0.69%	0.25%
UL	D	0.08%	0.64%	0.08%

IQDF Overweight 3 Positions Relative to IQIN

Symbol	Grade	Weight
BABA	C	0.31%
UMC	F	0.25%
VALE	D	0.21%

IQDF Underweight 16 Positions Relative to IQIN

Symbol	Grade	Weight
TM	F	-1.14%
SONY	F	-0.85%
HMC	F	-0.47%
E	D	-0.46%
ABBV	D	-0.25%
TD	F	-0.21%
MFG	C	-0.16%
FLUT	C	-0.16%
LYG	A	-0.14%
DEO	D	-0.14%
GOLD	A	-0.13%
WCN	D	-0.1%
SHOP	C	-0.1%
SW	C	-0.1%
OTEX	C	-0.07%
NMR	F	-0.07%