IQDF vs. UIVM ETF Comparison

Comparison of FlexShares International Quality Dividend Index Fund (IQDF) to VictoryShares USAA MSCI International Value Momentum ETF (UIVM)

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

UIVM

VictoryShares USAA MSCI International Value Momentum ETF

UIVM Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the MSCI World ex USA Select Value Momentum Blend Index. The fund invests at least 80% of its assets in securities in the index, depositary receipts on securities in the index and securities underlying depositary receipts in the index. The index delivers exposure to equity market performance in non-U.S. developed markets and provides higher exposure to value and momentum factors within the MSCI World ex USA Index while also maintaining moderate index turnover and lower realized volatility than traditional capitalization weighted indexes.

Grade (RS Rating)

Last Trade

$49.78

Average Daily Volume

1,502

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQDF	UIVM
30 Days	4.45%	1.95%
60 Days	11.43%	9.22%
90 Days	4.70%	2.63%
12 Months	31.94%	24.38%

3 Overlapping Holdings

Symbol	Grade	Weight in IQDF	Weight in UIVM	Overlap
AGCO	D	0.22%	0.41%	0.22%
BCS	B	0.41%	0.46%	0.41%
SMFG	D	0.34%	0.35%	0.34%

IQDF Overweight 8 Positions Relative to UIVM

Symbol	Grade	Weight
NVS	D	1.94%
MUFG	D	0.44%
BABA	A	0.32%
STLA	F	0.26%
UMC	D	0.26%
VALE	D	0.22%
UL	D	0.08%
CNI	D	0.03%

IQDF Underweight 10 Positions Relative to UIVM

Symbol	Grade	Weight
WCN	D	-0.97%
SKM	C	-0.9%
E	C	-0.71%
LYG	C	-0.6%
KT	C	-0.57%
WFG	C	-0.5%
HMC	D	-0.37%
SHG	D	-0.36%
MFG	B	-0.32%
KB	D	-0.3%