QDEF vs. DGRW ETF Comparison

Comparison of FlexShares Quality Dividend Defensive Index Fund (QDEF) to WisdomTree U.S. Dividend Growth Fund (DGRW)

QDEF

FlexShares Quality Dividend Defensive Index Fund

QDEF 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 Defensive 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 that is lower than that of the Northern Trust 1250 IndexSM. It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$72.79

Average Daily Volume

6,852

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

DGRW

WisdomTree U.S. Dividend Growth Fund

DGRW Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Dividend Growth Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that consists of dividend-paying U.S. common stocks with growth characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.42

Average Daily Volume

507,539

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	QDEF	DGRW
30 Days	1.58%	1.33%
60 Days	2.63%	2.25%
90 Days	4.66%	3.75%
12 Months	30.49%	27.75%

54 Overlapping Holdings

Symbol	Grade	Weight in QDEF	Weight in DGRW	Overlap
AAPL	C	6.07%	4.98%	4.98%
ABBV	D	2.6%	3.12%	2.6%
ADP	B	1.13%	0.84%	0.84%
AVGO	D	0.88%	3.92%	0.88%
AVY	D	0.48%	0.07%	0.07%
BAH	F	0.12%	0.09%	0.09%
BSY	D	0.37%	0.02%	0.02%
BWXT	B	0.64%	0.03%	0.03%
CHE	D	0.39%	0.01%	0.01%
CI	F	0.83%	0.51%	0.51%
COST	B	0.24%	0.68%	0.24%
CSCO	B	0.61%	2.12%	0.61%
CSL	C	0.53%	0.07%	0.07%
DPZ	C	0.41%	0.04%	0.04%
EBAY	D	0.4%	0.2%	0.2%
EXPD	D	0.42%	0.05%	0.05%
FAST	B	0.58%	0.28%	0.28%
GEN	B	0.59%	0.11%	0.11%
GILD	C	1.03%	1.15%	1.03%
GOOG	C	1.1%	1.34%	1.1%
GOOGL	C	1.36%	1.4%	1.36%
HD	A	3.07%	2.95%	2.95%
INTU	C	1.29%	0.35%	0.35%
ITW	B	0.74%	0.51%	0.51%
JNJ	D	2.93%	3.03%	2.93%
KLAC	D	0.79%	0.23%	0.23%
KMB	D	0.51%	0.43%	0.43%
KO	D	0.65%	2.3%	0.65%
LMT	D	1.05%	1.07%	1.05%
LSTR	D	0.49%	0.03%	0.03%
MA	C	0.23%	0.74%	0.23%
MAS	D	0.23%	0.08%	0.08%
MCK	B	0.71%	0.11%	0.11%
META	D	2.76%	1.39%	1.39%
MSFT	F	4.97%	6.85%	4.97%
MSI	B	0.74%	0.26%	0.26%
MSM	C	0.37%	0.04%	0.04%
NVDA	C	6.0%	3.61%	3.61%
OMF	A	0.5%	0.07%	0.07%
OTIS	C	0.51%	0.17%	0.17%
PAYX	C	0.63%	0.41%	0.41%
PG	A	2.83%	2.65%	2.65%
QCOM	F	1.65%	1.01%	1.01%
RMD	C	0.54%	0.09%	0.09%
ROL	B	0.12%	0.09%	0.09%
SBUX	A	0.98%	0.77%	0.77%
SWKS	F	0.39%	0.09%	0.09%
TJX	A	0.99%	0.56%	0.56%
TMUS	B	1.14%	1.25%	1.14%
V	A	0.38%	1.1%	0.38%
VRSK	A	0.57%	0.06%	0.06%
VRT	B	0.45%	0.06%	0.06%
WSM	B	0.41%	0.07%	0.07%
ZTS	D	0.11%	0.19%	0.11%

QDEF Overweight 69 Positions Relative to DGRW

Symbol	Grade	Weight
MRK	F	2.25%
IBM	C	1.7%
PM	B	1.65%
MO	A	0.86%
AMT	D	0.82%
T	A	0.77%
DUK	C	0.77%
JPM	A	0.73%
CME	A	0.71%
BK	A	0.67%
MMM	D	0.66%
VZ	C	0.65%
UNM	A	0.65%
EME	C	0.64%
UMBF	B	0.61%
FIS	C	0.6%
EA	A	0.6%
AFL	B	0.6%
CFR	B	0.6%
PSA	D	0.59%
AIZ	A	0.58%
WTW	B	0.58%
VIRT	B	0.57%
CSWI	A	0.57%
COR	B	0.57%
LDOS	C	0.57%
D	C	0.56%
WDFC	B	0.55%
PPL	B	0.55%
ORI	A	0.54%
ESS	B	0.54%
K	A	0.53%
OHI	C	0.53%
MET	A	0.53%
EQR	B	0.53%
MAA	B	0.53%
PNW	B	0.52%
IRDM	D	0.52%
CPT	B	0.51%
XOM	B	0.5%
ED	D	0.49%
DOX	D	0.48%
BPOP	B	0.48%
RDN	C	0.48%
LOW	D	0.47%
NSA	D	0.47%
OGE	B	0.47%
IPG	D	0.46%
DELL	C	0.46%
BMY	B	0.45%
GIS	D	0.45%
HRB	D	0.45%
WU	D	0.43%
SAIC	F	0.41%
CUBE	D	0.4%
EVRG	A	0.4%
EXC	C	0.39%
STNG	F	0.36%
STWD	C	0.32%
NEP	F	0.32%
WEC	A	0.28%
PEG	A	0.26%
NNN	D	0.21%
AVB	B	0.18%
CAH	B	0.17%
SCCO	F	0.16%
DDS	B	0.12%
WMT	A	0.12%
BAC	A	0.02%

QDEF Underweight 242 Positions Relative to DGRW

Symbol	Grade	Weight
MS	A	-2.48%
UNH	C	-2.05%
PEP	F	-1.86%
ORCL	B	-1.82%
GS	A	-1.69%
TXN	C	-1.6%
LLY	F	-1.53%
AMGN	D	-1.36%
MCD	D	-1.36%
UPS	C	-1.05%
ABT	B	-1.02%
UNP	C	-0.91%
EOG	A	-0.9%
HON	B	-0.86%
AXP	A	-0.79%
COP	C	-0.77%
TGT	F	-0.6%
SCHW	B	-0.56%
ADI	D	-0.53%
CL	D	-0.48%
GD	F	-0.48%
APD	A	-0.46%
MMC	B	-0.42%
SYK	C	-0.4%
WM	A	-0.4%
NSC	B	-0.39%
COF	B	-0.39%
SPGI	C	-0.37%
FDX	B	-0.37%
TRV	B	-0.35%
NKE	D	-0.35%
HPQ	B	-0.35%
NOC	D	-0.34%
AMAT	F	-0.33%
AIG	B	-0.32%
DFS	B	-0.32%
PH	A	-0.32%
KKR	A	-0.3%
ELV	F	-0.3%
SYY	B	-0.29%
BKR	B	-0.28%
LRCX	F	-0.27%
CSX	B	-0.26%
GE	D	-0.24%
TRGP	B	-0.24%
HIG	B	-0.23%
AMP	A	-0.23%
MAR	B	-0.23%
CTAS	B	-0.23%
HCA	F	-0.23%
CARR	D	-0.23%
APH	A	-0.22%
RSG	A	-0.22%
SYF	B	-0.21%
ECL	D	-0.21%
SHW	A	-0.21%
BBY	D	-0.21%
PFG	D	-0.21%
LVS	C	-0.2%
URI	B	-0.2%
FANG	D	-0.2%
DD	D	-0.2%
YUM	B	-0.19%
MCO	B	-0.18%
HSY	F	-0.18%
PGR	A	-0.18%
TSCO	D	-0.17%
STZ	D	-0.17%
FNF	B	-0.17%
DRI	B	-0.17%
HES	B	-0.16%
OXY	D	-0.16%
NRG	B	-0.16%
AJG	B	-0.15%
ROK	B	-0.15%
WY	D	-0.15%
MSCI	C	-0.14%
PPG	F	-0.14%
GWW	B	-0.14%
ROST	C	-0.13%
EQT	B	-0.13%
JEF	A	-0.13%
HAL	C	-0.13%
TPR	B	-0.13%
BR	A	-0.12%
WSO	A	-0.12%
EQH	B	-0.12%
EMN	D	-0.12%
NTAP	C	-0.12%
LEN	D	-0.12%
DHI	D	-0.12%
GPC	D	-0.12%
WRB	A	-0.11%
DOV	A	-0.11%
BEN	C	-0.11%
ALLY	C	-0.11%
OVV	B	-0.1%
CHRW	C	-0.1%
HUBB	B	-0.1%
HLT	A	-0.09%
DKS	C	-0.09%
ERIE	D	-0.08%
RPM	A	-0.08%
VMC	B	-0.08%
CDW	F	-0.08%
MRO	B	-0.08%
SBAC	D	-0.08%
SSNC	B	-0.08%
BALL	D	-0.07%
LKQ	D	-0.07%
TXRH	C	-0.07%
TPL	A	-0.07%
WAL	B	-0.07%
A	D	-0.07%
HUM	C	-0.07%
SF	B	-0.07%
CIVI	D	-0.06%
EVR	B	-0.06%
HWM	A	-0.06%
ODFL	B	-0.06%
PHM	D	-0.06%
LII	A	-0.06%
FAF	A	-0.06%
NXST	C	-0.06%
MLM	B	-0.06%
LH	C	-0.06%
WLK	D	-0.06%
RHI	B	-0.05%
NFG	A	-0.05%
HLI	B	-0.05%
VOYA	B	-0.05%
MPWR	F	-0.05%
REYN	D	-0.05%
RL	B	-0.05%
PWR	A	-0.05%
EFX	F	-0.05%
AOS	F	-0.04%
FDS	B	-0.04%
ALSN	B	-0.04%
GGG	B	-0.04%
RLI	B	-0.04%
WH	B	-0.04%
WEN	D	-0.04%
POOL	C	-0.04%
LECO	B	-0.04%
FLS	B	-0.04%
JBHT	C	-0.04%
NDSN	B	-0.04%
CE	F	-0.04%
HII	D	-0.04%
HEI	B	-0.03%
CW	B	-0.03%
SEE	C	-0.03%
PR	B	-0.03%
GNTX	C	-0.03%
LW	C	-0.03%
PAYC	B	-0.03%
ARMK	B	-0.03%
LEA	D	-0.03%
MAN	D	-0.03%
MGY	A	-0.03%
BWA	D	-0.03%
CBT	C	-0.03%
MUR	D	-0.03%
BERY	B	-0.03%
AVT	C	-0.03%
THO	B	-0.03%
SEIC	B	-0.03%
ITT	A	-0.03%
FBIN	D	-0.03%
JKHY	D	-0.03%
WST	C	-0.03%
PRI	A	-0.03%
MKTX	D	-0.03%
TTC	D	-0.03%
LPLA	A	-0.03%
DCI	B	-0.03%
SNDR	B	-0.02%
TECH	D	-0.02%
COLM	B	-0.02%
CHDN	B	-0.02%
WMS	D	-0.02%
OLED	D	-0.02%
AAON	B	-0.02%
WWD	B	-0.02%
IPAR	B	-0.02%
AWI	A	-0.02%
HEI	B	-0.02%
MMS	F	-0.02%
OLN	D	-0.02%
AEO	F	-0.02%
TKO	B	-0.02%
UFPI	B	-0.02%
TTEK	F	-0.02%
SIGI	C	-0.02%
RRC	B	-0.02%
ASH	D	-0.02%
UHS	D	-0.02%
AIT	A	-0.02%
CHX	C	-0.02%
WCC	B	-0.02%
SM	B	-0.02%
EXP	A	-0.02%
HLNE	B	-0.02%
BYD	C	-0.02%
MORN	B	-0.02%
TER	D	-0.02%
LPX	B	-0.02%
CASY	A	-0.02%
JBL	B	-0.02%
RGLD	C	-0.02%
FIX	A	-0.02%
EHC	B	-0.02%
MTDR	B	-0.02%
ASO	F	-0.01%
HXL	D	-0.01%
CNXC	F	-0.01%
VNT	B	-0.01%
MOG.A	B	-0.01%
FUL	F	-0.01%
POWI	D	-0.01%
BCC	B	-0.01%
BMI	B	-0.01%
COKE	C	-0.01%
LFUS	F	-0.01%
IBP	D	-0.01%
LEN	D	-0.01%
PFSI	D	-0.01%
BRKR	D	-0.01%
AMKR	D	-0.01%
AMG	B	-0.01%
KNSL	B	-0.01%
H	B	-0.01%
DLB	B	-0.01%
EXPO	D	-0.01%
NSP	D	-0.01%
ORA	B	-0.01%
ZWS	B	-0.01%
NEU	C	-0.01%
NFE	D	-0.0%
PVH	C	-0.0%
FSS	B	-0.0%