QDEF vs. VTV ETF Comparison

Comparison of FlexShares Quality Dividend Defensive Index Fund (QDEF) to Vanguard Value ETF - DNQ (VTV)

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

$70.67

Average Daily Volume

5,791

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

VTV

Vanguard Value ETF - DNQ

VTV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization value stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Value Index, a broadly diversified index predominantly made up of value stocks of large U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$173.28

Average Daily Volume

1,742,689

Number of Holdings ^*

333

* may have additional holdings in another (foreign) market

Performance

Period	QDEF	VTV
30 Days	2.72%	3.30%
60 Days	6.48%	5.32%
90 Days	7.99%	8.03%
12 Months	30.41%	24.89%

59 Overlapping Holdings

Symbol	Grade	Weight in QDEF	Weight in VTV	Overlap
ABBV	C	3.04%	1.52%	1.52%
AFL	C	0.61%	0.25%	0.25%
AVB	B	0.19%	0.14%	0.14%
AVGO	C	0.88%	3.46%	0.88%
AVY	C	0.54%	0.08%	0.08%
BAC	D	0.02%	1.25%	0.02%
BK	B	0.61%	0.23%	0.23%
BMY	C	0.38%	0.45%	0.38%
CAH	C	0.16%	0.11%	0.11%
CI	C	0.95%	0.46%	0.46%
CME	C	0.7%	0.32%	0.32%
CSCO	C	0.53%	0.82%	0.53%
D	C	0.59%	0.21%	0.21%
DELL	D	0.4%	0.14%	0.14%
DUK	C	0.83%	0.39%	0.39%
EA	D	0.55%	0.19%	0.19%
EBAY	B	0.42%	0.13%	0.13%
ED	C	0.55%	0.16%	0.16%
EQR	B	0.58%	0.12%	0.12%
ESS	B	0.57%	0.08%	0.08%
EVRG	B	0.4%	0.03%	0.03%
EXC	C	0.42%	0.17%	0.17%
EXPD	C	0.43%	0.08%	0.08%
FIS	B	0.58%	0.2%	0.2%
GILD	B	0.95%	0.44%	0.44%
GIS	B	0.52%	0.18%	0.18%
HD	B	2.93%	1.7%	1.7%
IBM	B	1.78%	0.82%	0.82%
ITW	C	0.7%	0.33%	0.33%
JNJ	C	3.26%	1.76%	1.76%
JPM	D	0.63%	2.84%	0.63%
K	B	0.54%	0.07%	0.07%
KMB	D	0.57%	0.21%	0.21%
KO	C	0.76%	1.2%	0.76%
LDOS	B	0.54%	0.05%	0.05%
LMT	C	1.13%	0.6%	0.6%
LOW	B	0.45%	0.65%	0.45%
MAA	B	0.58%	0.08%	0.08%
MAS	B	0.24%	0.08%	0.08%
MCK	F	0.62%	0.37%	0.37%
MET	B	0.5%	0.22%	0.22%
MMM	B	0.68%	0.33%	0.33%
MO	C	0.84%	0.39%	0.39%
MRK	D	2.71%	1.33%	1.33%
MSI	B	0.68%	0.15%	0.15%
OTIS	C	0.49%	0.18%	0.18%
PEG	B	0.25%	0.18%	0.18%
PG	C	3.01%	1.76%	1.76%
PM	C	1.65%	0.83%	0.83%
PPL	C	0.55%	0.1%	0.1%
PSA	B	0.65%	0.22%	0.22%
QCOM	D	1.72%	0.94%	0.94%
SWKS	D	0.49%	0.08%	0.08%
T	C	0.76%	0.64%	0.64%
VZ	B	0.72%	0.71%	0.71%
WEC	C	0.29%	0.13%	0.13%
WMT	C	0.12%	1.41%	0.12%
WTW	C	0.54%	0.13%	0.13%
XOM	C	0.47%	2.47%	0.47%

QDEF Overweight 62 Positions Relative to VTV

Symbol	Grade	Weight
AAPL	C	6.03%
MSFT	C	5.11%
NVDA	D	4.97%
META	B	2.56%
GOOGL	D	1.24%
INTU	C	1.23%
ADP	B	1.05%
AMT	C	1.03%
TJX	B	1.01%
GOOG	D	1.01%
TMUS	C	0.99%
SBUX	C	0.99%
KLAC	D	0.94%
PAYX	C	0.6%
RMD	C	0.59%
VRSK	D	0.55%
OHI	B	0.55%
NSA	B	0.54%
CPT	B	0.54%
VIRT	C	0.53%
PNW	C	0.53%
UMBF	B	0.53%
EME	B	0.52%
AIZ	B	0.52%
UNM	B	0.51%
FAST	C	0.51%
WDFC	C	0.51%
ORI	B	0.51%
IPG	C	0.5%
DOX	C	0.5%
BPOP	C	0.5%
BWXT	D	0.5%
RDN	C	0.5%
LSTR	D	0.49%
IRDM	D	0.49%
NEP	D	0.49%
CSL	B	0.49%
WU	F	0.49%
HRB	C	0.49%
CSWI	B	0.48%
CFR	C	0.48%
OGE	C	0.47%
STNG	D	0.46%
WSM	D	0.46%
CUBE	B	0.46%
SAIC	C	0.45%
OMF	D	0.43%
CHE	C	0.41%
DPZ	F	0.39%
BSY	D	0.39%
V	C	0.36%
MSM	D	0.35%
STWD	B	0.34%
VRT	C	0.33%
NNN	C	0.25%
COST	B	0.24%
MA	B	0.22%
SCCO	D	0.16%
ROL	C	0.13%
ZTS	C	0.12%
BAH	C	0.12%
DDS	F	0.1%

QDEF Underweight 274 Positions Relative to VTV

Symbol	Grade	Weight
BRK.A	C	-3.05%
UNH	C	-2.46%
CVX	D	-1.31%
PEP	C	-1.1%
TMO	B	-1.09%
ORCL	C	-1.07%
WFC	D	-0.96%
ABT	C	-0.86%
DHR	B	-0.86%
AMGN	B	-0.83%
PFE	C	-0.8%
CAT	B	-0.79%
GS	C	-0.76%
CMCSA	D	-0.75%
RTX	C	-0.73%
UNP	C	-0.7%
NEE	C	-0.69%
BRK.A	C	-0.66%
HON	D	-0.62%
INTC	F	-0.61%
COP	D	-0.6%
AXP	B	-0.59%
PGR	B	-0.58%
MS	D	-0.58%
ETN	C	-0.57%
ELV	C	-0.57%
BLK	B	-0.57%
MU	F	-0.56%
C	C	-0.55%
PLD	C	-0.54%
ADI	C	-0.53%
REGN	C	-0.52%
CB	B	-0.52%
MMC	C	-0.51%
MDT	C	-0.49%
ACN	C	-0.48%
DE	B	-0.45%
UPS	D	-0.44%
MDLZ	B	-0.43%
SCHW	D	-0.43%
SO	B	-0.42%
GE	B	-0.41%
DIS	D	-0.4%
ICE	C	-0.4%
WM	D	-0.38%
KKR	B	-0.38%
TT	B	-0.35%
CVS	D	-0.35%
EOG	D	-0.34%
GD	B	-0.34%
USB	B	-0.33%
HCA	B	-0.33%
PNC	B	-0.33%
PH	B	-0.33%
CSX	D	-0.32%
PYPL	B	-0.32%
TGT	C	-0.32%
BDX	D	-0.32%
FDX	C	-0.31%
EMR	D	-0.31%
NOC	B	-0.3%
FCX	D	-0.3%
PSX	F	-0.29%
AJG	D	-0.29%
MPC	F	-0.29%
TFC	C	-0.28%
CEG	C	-0.28%
CARR	B	-0.27%
APD	B	-0.27%
NSC	C	-0.26%
NEM	B	-0.26%
VLO	F	-0.25%
DHI	B	-0.25%
COF	B	-0.25%
SRE	C	-0.24%
AEP	C	-0.24%
PCAR	D	-0.24%
WMB	B	-0.24%
AIG	D	-0.24%
OKE	B	-0.23%
TRV	C	-0.23%
URI	B	-0.23%
GM	C	-0.23%
JCI	B	-0.22%
TEL	D	-0.22%
SPG	B	-0.22%
MCHP	F	-0.22%
PCG	C	-0.22%
CCI	C	-0.22%
DLR	B	-0.22%
LEN	B	-0.21%
PRU	C	-0.21%
ALL	B	-0.21%
F	F	-0.2%
IQV	C	-0.2%
AMP	A	-0.2%
LHX	C	-0.2%
HUM	F	-0.2%
CMI	C	-0.19%
RSG	D	-0.19%
AME	C	-0.19%
STZ	D	-0.19%
IR	C	-0.19%
CL	D	-0.19%
CNC	D	-0.19%
OXY	F	-0.18%
SYY	D	-0.18%
DOW	D	-0.18%
CTVA	B	-0.18%
NUE	F	-0.18%
KMI	B	-0.18%
CHTR	D	-0.17%
DFS	B	-0.17%
GEHC	C	-0.17%
KDP	B	-0.17%
CTSH	C	-0.17%
HPQ	D	-0.16%
EXR	B	-0.16%
AON	B	-0.16%
ACGL	C	-0.16%
SLB	F	-0.16%
CBRE	A	-0.16%
KVUE	C	-0.16%
DD	B	-0.15%
XYL	C	-0.15%
XEL	B	-0.15%
VICI	C	-0.15%
HIG	B	-0.15%
CDW	D	-0.14%
DVN	F	-0.14%
PPG	D	-0.14%
IRM	C	-0.14%
ADM	D	-0.14%
EIX	C	-0.14%
GLW	C	-0.14%
BIIB	F	-0.14%
NDAQ	A	-0.14%
VST	C	-0.13%
AWK	B	-0.13%
PHM	B	-0.13%
DAL	C	-0.13%
KHC	C	-0.13%
WAB	B	-0.13%
MTB	B	-0.13%
KR	C	-0.13%
FITB	B	-0.13%
ETR	B	-0.12%
O	C	-0.12%
FTV	C	-0.12%
DOV	B	-0.12%
IFF	B	-0.12%
TROW	D	-0.12%
NVR	B	-0.12%
HPE	D	-0.12%
LYB	D	-0.12%
GPN	D	-0.12%
NTAP	D	-0.12%
GRMN	D	-0.12%
DG	F	-0.12%
ES	C	-0.11%
ZBH	F	-0.11%
FE	C	-0.11%
WY	C	-0.11%
STT	A	-0.11%
KEYS	C	-0.11%
GEV	B	-0.11%
CINF	B	-0.1%
RF	B	-0.1%
GPC	D	-0.1%
INVH	C	-0.1%
A	C	-0.1%
AEE	C	-0.1%
RJF	C	-0.1%
DLTR	F	-0.1%
HBAN	B	-0.1%
WDC	D	-0.1%
VTR	C	-0.1%
DTE	C	-0.1%
MLM	D	-0.09%
J	C	-0.09%
CFG	C	-0.09%
HOLX	B	-0.09%
WBD	D	-0.09%
PFG	B	-0.09%
OMC	B	-0.09%
CBOE	C	-0.09%
BKR	C	-0.09%
CMS	C	-0.09%
MKC	C	-0.09%
CPAY	B	-0.09%
HWM	B	-0.09%
BALL	C	-0.09%
LNG	C	-0.09%
TDY	B	-0.09%
MOH	D	-0.09%
SYF	C	-0.09%
MKL	C	-0.09%
ARE	C	-0.09%
IP	B	-0.08%
SWK	B	-0.08%
CLX	C	-0.08%
BBY	C	-0.08%
CCL	C	-0.08%
ON	D	-0.08%
EG	C	-0.08%
RCL	B	-0.08%
NTRS	A	-0.08%
TSN	C	-0.08%
DRI	B	-0.08%
TRU	B	-0.08%
TXT	D	-0.08%
CNP	C	-0.08%
PKG	B	-0.08%
ZBRA	B	-0.08%
AVTR	B	-0.08%
BAX	C	-0.08%
TSCO	C	-0.07%
ZM	C	-0.07%
VTRS	D	-0.07%
LNT	B	-0.07%
FNF	B	-0.07%
CAG	C	-0.07%
UAL	C	-0.07%
AKAM	D	-0.07%
L	C	-0.07%
SNA	C	-0.07%
KEY	B	-0.07%
SSNC	B	-0.07%
CE	F	-0.07%
DGX	B	-0.07%
MRO	C	-0.07%
WRB	C	-0.07%
ROK	D	-0.07%
LUV	C	-0.07%
VLTO	C	-0.06%
WPC	C	-0.06%
TRMB	C	-0.06%
NWSA	D	-0.06%
HAL	F	-0.06%
CF	C	-0.06%
HRL	C	-0.05%
STLD	F	-0.05%
MGM	F	-0.05%
GDDY	C	-0.05%
HUBB	B	-0.05%
STX	C	-0.05%
RPRX	C	-0.05%
STE	C	-0.05%
DOC	C	-0.04%
WBA	F	-0.04%
FOXA	B	-0.04%
CPB	C	-0.04%
CTRA	D	-0.04%
ALB	D	-0.03%
LKQ	F	-0.03%
SJM	C	-0.03%
IBKR	B	-0.03%
HST	C	-0.03%
AES	C	-0.03%
UDR	C	-0.03%
POOL	C	-0.03%
NI	B	-0.03%
CRBG	D	-0.03%
BEN	F	-0.03%
FOX	B	-0.02%
EDR	A	-0.01%
RKT	C	-0.01%
AGR	B	-0.01%
EPAM	F	-0.01%
WLK	D	-0.01%
NWS	D	-0.0%
SIRI	C	-0.0%
LSXMK	D	-0.0%
LEN	B	-0.0%