LVOL vs. QDF ETF Comparison

Comparison of American Century Low Volatility ETF (LVOL) to FlexShares Quality Dividend Index Fund (QDF)

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$56.41

Average Daily Volume

251

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QDF

FlexShares Quality Dividend Index Fund

QDF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust 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. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall volatility similar to that of the Northern Trust 1250 IndexSM (the "Parent Index"). It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$73.22

Average Daily Volume

26,189

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	LVOL	QDF
30 Days	3.81%	2.59%
60 Days	4.48%	2.59%
90 Days	5.85%	4.61%
12 Months	23.67%	27.53%

30 Overlapping Holdings

Symbol	Grade	Weight in LVOL	Weight in QDF	Overlap
AAPL	B	7.14%	8.54%	7.14%
ABBV	D	0.25%	2.58%	0.25%
ACN	B	2.46%	1.93%	1.93%
ADP	B	0.31%	1.11%	0.31%
AVB	B	0.24%	0.58%	0.24%
BKNG	B	0.2%	0.07%	0.07%
BR	A	0.3%	0.3%	0.3%
CL	D	0.87%	0.15%	0.15%
COST	B	1.78%	0.24%	0.24%
CTAS	B	1.82%	0.39%	0.39%
EA	C	0.77%	0.58%	0.58%
FAST	B	0.55%	0.68%	0.55%
GOOG	C	0.75%	1.63%	0.75%
GOOGL	C	2.38%	1.84%	1.84%
HD	A	2.42%	1.77%	1.77%
INTU	C	1.43%	1.74%	1.43%
ITW	A	0.8%	0.74%	0.74%
JNJ	D	2.14%	3.01%	2.14%
KO	D	0.19%	2.16%	0.19%
LOW	C	0.68%	1.27%	0.68%
MA	B	2.62%	0.26%	0.26%
MRK	F	1.45%	0.45%	0.45%
MSFT	D	7.55%	4.91%	4.91%
NTAP	C	0.39%	0.22%	0.22%
PAYX	B	1.29%	0.63%	0.63%
PG	A	2.68%	3.03%	2.68%
PSA	C	0.57%	0.6%	0.57%
SNA	A	0.41%	0.56%	0.41%
V	A	3.19%	0.4%	0.4%
WMT	B	0.87%	0.13%	0.13%

LVOL Overweight 68 Positions Relative to QDF

Symbol	Grade	Weight
AMZN	C	2.81%
CSCO	A	2.62%
BRK.A	B	2.51%
LIN	D	2.44%
APH	B	1.91%
MMC	A	1.84%
MDT	D	1.64%
SPGI	C	1.53%
CTSH	B	1.44%
ABT	B	1.35%
HON	B	1.31%
PTC	A	1.26%
DOX	D	1.21%
BSX	C	1.12%
RSG	A	1.03%
FI	A	1.03%
PEP	F	1.0%
SHW	A	0.97%
ECL	D	0.91%
MSI	C	0.89%
GD	F	0.87%
MCO	A	0.85%
WM	A	0.85%
DOV	A	0.78%
ADSK	B	0.78%
ROP	B	0.75%
AMP	B	0.71%
TDY	B	0.67%
HIG	B	0.66%
CB	D	0.64%
BLK	C	0.63%
SYK	C	0.58%
GWW	A	0.55%
NDSN	B	0.55%
KMB	C	0.53%
MCD	D	0.52%
CRM	B	0.51%
VRSK	A	0.46%
IT	C	0.45%
YUM	B	0.43%
IBM	C	0.42%
CMCSA	C	0.41%
OTIS	C	0.38%
PH	A	0.36%
NOW	B	0.35%
IEX	B	0.32%
BMY	B	0.27%
PKG	B	0.25%
CMI	A	0.24%
ZBH	C	0.22%
HOLX	D	0.21%
FDS	B	0.18%
MNST	B	0.18%
AVY	D	0.18%
MDLZ	F	0.18%
VRSN	F	0.18%
MAS	C	0.18%
FFIV	A	0.16%
TROW	A	0.16%
MSCI	C	0.16%
HLT	A	0.15%
JKHY	D	0.14%
AMGN	D	0.13%
CW	B	0.12%
GGG	B	0.08%
LSTR	B	0.08%
DCI	A	0.08%
CHE	D	0.07%

LVOL Underweight 97 Positions Relative to QDF

Symbol	Grade	Weight
NVDA	C	-5.81%
META	D	-3.1%
QCOM	F	-1.68%
PM	B	-1.41%
UNP	C	-1.24%
GILD	B	-1.0%
MS	B	-0.98%
MO	A	-0.89%
AVGO	D	-0.88%
LRCX	F	-0.87%
VRT	B	-0.83%
NKE	F	-0.83%
SBUX	B	-0.76%
KLAC	F	-0.76%
CAT	B	-0.75%
JPM	B	-0.75%
ZTS	D	-0.74%
BK	A	-0.68%
MMM	D	-0.65%
LMT	D	-0.62%
FIS	D	-0.62%
AFL	B	-0.62%
PEG	A	-0.61%
PRU	A	-0.61%
VIRT	B	-0.6%
KTB	A	-0.6%
JHG	A	-0.6%
D	C	-0.59%
EBAY	C	-0.58%
CMA	A	-0.58%
GEN	A	-0.58%
TPR	A	-0.57%
MET	A	-0.56%
WTW	B	-0.56%
ORI	A	-0.55%
CHRW	C	-0.55%
EQR	B	-0.55%
MAA	B	-0.55%
VLO	C	-0.55%
MPC	F	-0.54%
NXPI	D	-0.52%
OMF	A	-0.52%
OHI	D	-0.52%
CPT	B	-0.51%
IVZ	B	-0.51%
OGE	A	-0.51%
XOM	C	-0.5%
SMG	C	-0.5%
RDN	C	-0.49%
STWD	C	-0.49%
UGI	A	-0.49%
NSA	C	-0.49%
BPOP	B	-0.48%
WDFC	B	-0.47%
FAF	B	-0.47%
DVN	F	-0.46%
IPG	C	-0.45%
MCHP	F	-0.45%
WU	D	-0.45%
POOL	C	-0.44%
WSM	B	-0.43%
TT	B	-0.43%
CFR	B	-0.42%
NUE	D	-0.42%
EVRG	A	-0.42%
WY	D	-0.42%
HST	C	-0.41%
SWKS	F	-0.4%
LNC	B	-0.39%
PFG	C	-0.39%
RHI	C	-0.38%
ALLY	C	-0.37%
CUBE	D	-0.37%
SCCO	F	-0.36%
WMS	F	-0.36%
APLE	B	-0.35%
EIX	A	-0.34%
IRDM	C	-0.31%
NEP	F	-0.3%
OLN	F	-0.25%
NNN	D	-0.23%
WING	F	-0.2%
HRB	D	-0.17%
RMD	C	-0.17%
DPZ	C	-0.17%
PNW	B	-0.16%
PAYC	A	-0.16%
COR	C	-0.14%
BSY	D	-0.13%
EXP	B	-0.08%
WFRD	F	-0.07%
CSWI	A	-0.07%
MAR	A	-0.05%
COP	D	-0.04%
STNG	F	-0.02%
BAC	A	-0.02%
BBWI	C	-0.01%