QDEF vs. RSPE ETF Comparison

Comparison of FlexShares Quality Dividend Defensive Index Fund (QDEF) to Invesco ESG S&P 500 Equal Weigh (RSPE)

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

$72.83

Average Daily Volume

6,797

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

RSPE

Invesco ESG S&P 500 Equal Weigh

RSPE Description

Invesco ESG S&P 500 Equal Weigh is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It seeks to track the performance of the S&P 500 Equal Weight ESG Leaders Select Index, by using full replication technique. Invesco ESG S&P 500 Equal Weight ETF was formed on November 17, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$28.01

Average Daily Volume

6,481

Number of Holdings ^*

181

* may have additional holdings in another (foreign) market

Performance

Period	QDEF	RSPE
30 Days	0.50%	0.89%
60 Days	2.57%	2.73%
90 Days	4.32%	4.46%
12 Months	30.06%	25.96%

38 Overlapping Holdings

Symbol	Grade	Weight in QDEF	Weight in RSPE	Overlap
AAPL	C	6.07%	0.55%	0.55%
ABBV	F	2.6%	0.46%	0.46%
ADP	A	1.13%	0.57%	0.57%
AFL	B	0.6%	0.56%	0.56%
AIZ	A	0.58%	0.63%	0.58%
BAC	A	0.02%	0.64%	0.02%
BK	A	0.67%	0.62%	0.62%
CI	D	0.83%	0.48%	0.48%
CSCO	B	0.61%	0.62%	0.61%
EBAY	D	0.4%	0.54%	0.4%
ED	C	0.49%	0.5%	0.49%
EXC	C	0.39%	0.53%	0.39%
FIS	C	0.6%	0.57%	0.57%
GILD	C	1.03%	0.59%	0.59%
GIS	D	0.45%	0.46%	0.45%
GOOG	C	1.1%	0.28%	0.28%
GOOGL	C	1.36%	0.34%	0.34%
HD	B	3.07%	0.59%	0.59%
IBM	C	1.7%	0.53%	0.53%
IPG	D	0.46%	0.47%	0.46%
ITW	B	0.74%	0.59%	0.59%
K	A	0.53%	0.54%	0.53%
KLAC	F	0.79%	0.45%	0.45%
LOW	C	0.47%	0.59%	0.47%
MA	B	0.23%	0.57%	0.23%
MET	A	0.53%	0.6%	0.53%
MRK	D	2.25%	0.45%	0.45%
MSFT	D	4.97%	0.52%	0.52%
NVDA	B	6.0%	0.64%	0.64%
OTIS	C	0.51%	0.58%	0.51%
PG	C	2.83%	0.53%	0.53%
QCOM	F	1.65%	0.53%	0.53%
SBUX	A	0.98%	0.55%	0.55%
T	A	0.77%	0.57%	0.57%
TJX	A	0.99%	0.54%	0.54%
V	A	0.38%	0.59%	0.38%
VRSK	A	0.57%	0.55%	0.55%
WMT	A	0.12%	0.57%	0.12%

QDEF Overweight 85 Positions Relative to RSPE

Symbol	Grade	Weight
JNJ	C	2.93%
META	D	2.76%
PM	B	1.65%
INTU	B	1.29%
TMUS	B	1.14%
LMT	D	1.05%
AVGO	D	0.88%
MO	A	0.86%
AMT	C	0.82%
DUK	C	0.77%
MSI	B	0.74%
JPM	A	0.73%
CME	B	0.71%
MCK	A	0.71%
MMM	D	0.66%
VZ	C	0.65%
UNM	A	0.65%
KO	D	0.65%
EME	A	0.64%
BWXT	B	0.64%
PAYX	B	0.63%
UMBF	B	0.61%
EA	A	0.6%
CFR	B	0.6%
GEN	B	0.59%
PSA	C	0.59%
WTW	B	0.58%
FAST	B	0.58%
VIRT	A	0.57%
CSWI	B	0.57%
COR	B	0.57%
LDOS	C	0.57%
D	C	0.56%
WDFC	B	0.55%
PPL	A	0.55%
ORI	A	0.54%
ESS	B	0.54%
RMD	C	0.54%
CSL	C	0.53%
OHI	C	0.53%
EQR	C	0.53%
MAA	B	0.53%
PNW	A	0.52%
IRDM	D	0.52%
CPT	B	0.51%
KMB	C	0.51%
XOM	B	0.5%
OMF	A	0.5%
LSTR	D	0.49%
AVY	F	0.48%
DOX	D	0.48%
BPOP	C	0.48%
RDN	D	0.48%
NSA	C	0.47%
OGE	A	0.47%
DELL	B	0.46%
BMY	B	0.45%
VRT	B	0.45%
HRB	D	0.45%
WU	F	0.43%
EXPD	C	0.42%
SAIC	F	0.41%
WSM	C	0.41%
DPZ	C	0.41%
CUBE	C	0.4%
EVRG	A	0.4%
CHE	D	0.39%
SWKS	F	0.39%
MSM	C	0.37%
BSY	F	0.37%
STNG	F	0.36%
STWD	C	0.32%
NEP	F	0.32%
WEC	A	0.28%
PEG	A	0.26%
COST	A	0.24%
MAS	D	0.23%
NNN	C	0.21%
AVB	B	0.18%
CAH	B	0.17%
SCCO	F	0.16%
BAH	F	0.12%
DDS	B	0.12%
ROL	B	0.12%
ZTS	D	0.11%

QDEF Underweight 143 Positions Relative to RSPE

Symbol	Grade	Weight
CCL	A	-0.79%
RCL	A	-0.77%
NCLH	B	-0.75%
MS	A	-0.74%
HPE	B	-0.7%
DIS	B	-0.69%
EMR	B	-0.69%
DAY	B	-0.69%
CRM	B	-0.69%
MTB	A	-0.69%
NTRS	A	-0.67%
HBAN	A	-0.67%
GM	C	-0.67%
INTC	C	-0.67%
MAR	A	-0.66%
CMI	A	-0.66%
PNR	A	-0.65%
PYPL	B	-0.65%
GWW	B	-0.64%
RF	A	-0.64%
C	A	-0.64%
HLT	A	-0.63%
URI	C	-0.63%
JCI	B	-0.63%
APD	A	-0.63%
PCAR	B	-0.63%
RL	C	-0.63%
DLR	B	-0.62%
TT	A	-0.62%
ALB	B	-0.62%
STT	B	-0.62%
DECK	A	-0.62%
ADSK	A	-0.62%
PANW	B	-0.61%
IR	B	-0.61%
CBRE	B	-0.61%
FITB	B	-0.61%
HUBB	B	-0.61%
SRE	A	-0.61%
CAT	B	-0.61%
NOW	A	-0.61%
PRU	A	-0.6%
HPQ	B	-0.6%
CHRW	B	-0.59%
NDAQ	A	-0.59%
ROK	C	-0.59%
CMCSA	B	-0.59%
ALL	A	-0.58%
GL	C	-0.58%
JBHT	C	-0.58%
WAT	C	-0.58%
PFG	D	-0.58%
BSX	A	-0.58%
DOV	A	-0.58%
AIG	B	-0.57%
PARA	C	-0.57%
TGT	F	-0.57%
WELL	A	-0.57%
KIM	A	-0.57%
MU	D	-0.57%
DE	B	-0.56%
CSX	C	-0.56%
EQIX	A	-0.56%
MSCI	C	-0.56%
WM	B	-0.56%
DGX	A	-0.56%
FCX	F	-0.56%
RSG	A	-0.55%
KEYS	A	-0.55%
DVA	C	-0.55%
BXP	C	-0.55%
EW	C	-0.55%
HST	C	-0.55%
HIG	B	-0.55%
NSC	B	-0.55%
MOS	F	-0.55%
UNH	B	-0.54%
WY	F	-0.54%
ABT	B	-0.54%
CTSH	B	-0.54%
ACN	B	-0.54%
CARR	C	-0.54%
TSCO	D	-0.54%
WDC	D	-0.54%
PPG	F	-0.53%
ICE	C	-0.53%
ECL	D	-0.53%
WBA	F	-0.53%
EIX	B	-0.53%
CVS	D	-0.53%
YUM	D	-0.53%
FRT	B	-0.52%
MDT	D	-0.52%
LIN	C	-0.52%
SPGI	C	-0.52%
CBOE	C	-0.52%
VTR	B	-0.52%
MCO	B	-0.52%
UNP	C	-0.51%
NKE	F	-0.51%
BDX	F	-0.51%
AWK	C	-0.5%
BALL	F	-0.5%
DOC	C	-0.5%
ON	D	-0.5%
XYL	D	-0.5%
BBY	D	-0.49%
ES	C	-0.49%
HAS	D	-0.49%
A	D	-0.49%
AMAT	F	-0.49%
LRCX	F	-0.49%
JNPR	D	-0.49%
AKAM	D	-0.48%
CL	D	-0.48%
ADM	D	-0.48%
PEP	F	-0.48%
MKC	C	-0.48%
ARE	F	-0.47%
DHI	F	-0.47%
DOW	F	-0.47%
PLD	F	-0.47%
KHC	F	-0.47%
LYB	F	-0.47%
CPB	D	-0.47%
SWK	D	-0.47%
HSY	F	-0.46%
MDLZ	F	-0.46%
ADBE	C	-0.46%
NEM	D	-0.45%
BAX	F	-0.45%
NWSA	A	-0.45%
AMGN	F	-0.45%
DHR	F	-0.45%
HUM	C	-0.44%
CNC	D	-0.43%
APTV	F	-0.43%
BIIB	F	-0.42%
EL	F	-0.41%
ELV	F	-0.4%
REGN	F	-0.36%
MRNA	F	-0.27%
NWS	A	-0.15%