IQIN vs. IQDF ETF Comparison

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

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

$32.60

Average Daily Volume

61,133

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

$24.42

Average Daily Volume

39,786

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQIN	IQDF
30 Days	-4.09%	-4.49%
60 Days	-5.68%	-3.78%
90 Days	-4.02%	-4.57%
12 Months	8.06%	15.00%

9 Overlapping Holdings

Symbol	Grade	Weight in IQIN	Weight in IQDF	Overlap
AGCO	D	0.07%	0.21%	0.07%
BCS	A	0.16%	0.48%	0.16%
CNI	F	0.11%	0.03%	0.03%
HSBH	B	0.46%	0.54%	0.46%
MUFG	B	0.22%	0.54%	0.22%
NVS	F	0.55%	1.89%	0.55%
SMFG	B	0.2%	0.4%	0.2%
STLA	F	0.73%	0.27%	0.27%
UL	D	0.61%	0.08%	0.08%

IQIN Overweight 16 Positions Relative to IQDF

Symbol	Grade	Weight
TM	F	1.19%
SONY	B	0.93%
E	F	0.46%
HMC	F	0.42%
ABBV	F	0.26%
TD	D	0.22%
FLUT	A	0.18%
MFG	A	0.17%
DEO	F	0.13%
SW	A	0.13%
LYG	D	0.12%
SHOP	B	0.11%
GOLD	C	0.11%
WCN	A	0.09%
NMR	B	0.08%
OTEX	F	0.06%

IQIN Underweight 3 Positions Relative to IQDF

Symbol	Grade	Weight
BABA	D	-0.3%
UMC	F	-0.23%
VALE	F	-0.2%