QDF vs. CCMG ETF Comparison

Comparison of FlexShares Quality Dividend Index Fund (QDF) to CCM Global Equity ETF (CCMG)

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

$72.76

Average Daily Volume

26,182

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

CCMG

CCM Global Equity ETF

CCMG Description

Under normal circumstances, the fund will invest at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in equity securities. The fund defines "equity securities" to include U.S. listed common and preferred stock, depositary receipts (e.g., American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs")), and ETFs that provide broad exposure to domestic and international equity securities of companies across all market capitalizations, as well as real estate securities.

Grade (RS Rating)

Last Trade

$28.67

Average Daily Volume

31,667

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

Performance

Period	QDF	CCMG
30 Days	1.66%	0.56%
60 Days	2.62%	-0.22%
90 Days	4.00%	0.63%
12 Months	26.92%

42 Overlapping Holdings

Symbol	Grade	Weight in QDF	Weight in CCMG	Overlap
AAPL	C	8.54%	2.56%	2.56%
ABBV	D	2.58%	0.41%	0.41%
ADP	B	1.11%	0.42%	0.42%
BBWI	D	0.01%	0.09%	0.01%
BKNG	A	0.07%	0.65%	0.07%
CAT	B	0.75%	0.56%	0.56%
CHRW	C	0.55%	0.13%	0.13%
CL	D	0.15%	0.45%	0.15%
DPZ	C	0.17%	0.07%	0.07%
EBAY	D	0.58%	0.38%	0.38%
EXP	A	0.08%	0.06%	0.06%
FIS	C	0.62%	0.4%	0.4%
GEN	B	0.58%	0.09%	0.09%
GILD	C	1.0%	0.57%	0.57%
HD	A	1.77%	0.89%	0.89%
HRB	D	0.17%	0.09%	0.09%
IPG	D	0.45%	0.1%	0.1%
ITW	B	0.74%	0.5%	0.5%
JNJ	D	3.01%	0.81%	0.81%
KO	D	2.16%	0.47%	0.47%
LMT	D	0.62%	0.61%	0.61%
LOW	D	1.27%	0.65%	0.65%
LRCX	F	0.87%	0.58%	0.58%
MMM	D	0.65%	0.58%	0.58%
MO	A	0.89%	0.58%	0.58%
MPC	D	0.54%	0.6%	0.54%
MRK	F	0.45%	0.51%	0.45%
NTAP	C	0.22%	0.22%	0.22%
NUE	C	0.42%	0.42%	0.42%
OLN	D	0.25%	0.08%	0.08%
PG	A	3.03%	0.86%	0.86%
PM	B	1.41%	0.65%	0.65%
RHI	B	0.38%	0.09%	0.09%
SCCO	F	0.36%	0.04%	0.04%
SMG	D	0.5%	0.03%	0.03%
SNA	A	0.56%	0.11%	0.11%
SWKS	F	0.4%	0.15%	0.15%
TPR	B	0.57%	0.13%	0.13%
UNP	C	1.24%	0.64%	0.64%
VLO	C	0.55%	0.53%	0.53%
WSM	B	0.43%	0.15%	0.15%
XOM	B	0.5%	1.02%	0.5%

QDF Overweight 85 Positions Relative to CCMG

Symbol	Grade	Weight
NVDA	C	5.81%
MSFT	F	4.91%
META	D	3.1%
ACN	C	1.93%
GOOGL	C	1.84%
INTU	C	1.74%
QCOM	F	1.68%
GOOG	C	1.63%
MS	A	0.98%
AVGO	D	0.88%
VRT	B	0.83%
NKE	D	0.83%
SBUX	A	0.76%
KLAC	D	0.76%
JPM	A	0.75%
ZTS	D	0.74%
FAST	B	0.68%
BK	A	0.68%
PAYX	C	0.63%
AFL	B	0.62%
PEG	A	0.61%
PRU	A	0.61%
VIRT	B	0.6%
KTB	B	0.6%
JHG	A	0.6%
PSA	D	0.6%
D	C	0.59%
AVB	B	0.58%
EA	A	0.58%
CMA	A	0.58%
MET	A	0.56%
WTW	B	0.56%
ORI	A	0.55%
EQR	B	0.55%
MAA	B	0.55%
NXPI	D	0.52%
OMF	A	0.52%
OHI	C	0.52%
CPT	B	0.51%
IVZ	B	0.51%
OGE	B	0.51%
RDN	C	0.49%
STWD	C	0.49%
UGI	A	0.49%
NSA	D	0.49%
BPOP	B	0.48%
WDFC	B	0.47%
FAF	A	0.47%
DVN	F	0.46%
MCHP	D	0.45%
WU	D	0.45%
POOL	C	0.44%
TT	A	0.43%
CFR	B	0.42%
EVRG	A	0.42%
WY	D	0.42%
HST	C	0.41%
V	A	0.4%
CTAS	B	0.39%
LNC	B	0.39%
PFG	D	0.39%
ALLY	C	0.37%
CUBE	D	0.37%
WMS	D	0.36%
APLE	B	0.35%
EIX	B	0.34%
IRDM	D	0.31%
NEP	F	0.3%
BR	A	0.3%
MA	C	0.26%
COST	B	0.24%
NNN	D	0.23%
WING	D	0.2%
RMD	C	0.17%
PNW	B	0.16%
PAYC	B	0.16%
COR	B	0.14%
WMT	A	0.13%
BSY	D	0.13%
WFRD	D	0.07%
CSWI	A	0.07%
MAR	B	0.05%
COP	C	0.04%
STNG	F	0.02%
BAC	A	0.02%

QDF Underweight 161 Positions Relative to CCMG

Symbol	Grade	Weight
AVUV	A	-10.65%
IDEV	D	-9.75%
AVRE	C	-4.89%
AVDV	C	-4.83%
AVES	D	-3.8%
CVX	A	-0.76%
CSCO	B	-0.76%
HON	B	-0.69%
MCK	B	-0.66%
T	A	-0.64%
CMCSA	B	-0.64%
BMY	B	-0.63%
EOG	A	-0.62%
PFE	D	-0.61%
AMGN	D	-0.61%
CSX	B	-0.6%
CI	F	-0.6%
UPS	C	-0.58%
MDT	D	-0.58%
TGT	F	-0.57%
PSX	C	-0.57%
ELV	F	-0.57%
MDLZ	F	-0.54%
HCA	F	-0.53%
ORLY	B	-0.53%
AZO	C	-0.5%
MCD	D	-0.48%
PEP	F	-0.46%
HPQ	B	-0.43%
NOC	D	-0.4%
EMR	A	-0.39%
ADI	D	-0.37%
KMI	A	-0.36%
LHX	C	-0.36%
CTSH	B	-0.36%
DOW	F	-0.34%
KMB	D	-0.34%
NSC	B	-0.33%
CMI	A	-0.33%
GIS	D	-0.32%
CAH	B	-0.3%
FANG	D	-0.28%
NEM	D	-0.27%
LYB	F	-0.25%
BKR	B	-0.25%
JCI	C	-0.25%
BLDR	D	-0.24%
GPN	B	-0.24%
LEN	D	-0.24%
KR	B	-0.23%
KHC	F	-0.23%
STLD	B	-0.23%
BBY	D	-0.23%
STZ	D	-0.22%
NVR	D	-0.22%
SYY	B	-0.22%
YUM	B	-0.21%
CPAY	A	-0.2%
PHM	D	-0.2%
ROST	C	-0.2%
ULTA	F	-0.19%
OMC	C	-0.18%
IP	B	-0.18%
DGX	A	-0.17%
MAS	D	-0.17%
MRO	B	-0.17%
EXPD	D	-0.17%
DRI	B	-0.17%
RS	B	-0.16%
TXT	D	-0.16%
CSL	C	-0.15%
AMCR	D	-0.15%
CF	B	-0.15%
VRSN	F	-0.15%
CLX	B	-0.14%
GPC	D	-0.14%
HSY	F	-0.14%
LH	C	-0.14%
JBL	B	-0.13%
EMN	D	-0.13%
GDDY	A	-0.13%
MTD	D	-0.13%
TOL	B	-0.12%
TSN	B	-0.12%
FOXA	B	-0.12%
CDW	F	-0.12%
DOX	D	-0.11%
DKS	C	-0.11%
DVA	B	-0.1%
OC	A	-0.1%
QRVO	F	-0.1%
MUSA	A	-0.09%
SCI	B	-0.09%
LOPE	B	-0.09%
TER	D	-0.09%
UHS	D	-0.09%
SJM	D	-0.09%
DXC	B	-0.08%
CRI	D	-0.08%
KSS	F	-0.08%
AN	C	-0.08%
MAN	D	-0.08%
MGM	D	-0.08%
DDS	B	-0.08%
FOX	A	-0.08%
TPX	B	-0.08%
HOLX	D	-0.08%
RL	B	-0.08%
LPX	B	-0.08%
AOS	F	-0.08%
PINC	B	-0.08%
EEFT	B	-0.07%
PVH	C	-0.07%
GNTX	C	-0.07%
ALSN	B	-0.07%
COLM	B	-0.07%
CAG	D	-0.07%
ARW	D	-0.07%
ACM	A	-0.07%
CLF	F	-0.06%
DBX	B	-0.06%
CROX	D	-0.06%
FBIN	D	-0.06%
HUN	F	-0.06%
TNL	A	-0.06%
LSTR	D	-0.06%
NXST	C	-0.06%
BC	C	-0.06%
AYI	B	-0.06%
JNPR	F	-0.06%
AM	A	-0.06%
M	D	-0.06%
WH	B	-0.05%
BYD	C	-0.05%
LECO	B	-0.05%
INGR	B	-0.05%
WEN	D	-0.05%
SAIC	F	-0.05%
G	B	-0.05%
NEU	C	-0.05%
DLB	B	-0.05%
NWL	B	-0.05%
ALLE	D	-0.05%
AGCO	D	-0.04%
TTC	D	-0.04%
SPB	C	-0.04%
RH	B	-0.04%
VFC	C	-0.04%
POST	C	-0.04%
LEN	D	-0.04%
CE	F	-0.04%
HRL	D	-0.04%
MHK	D	-0.04%
PAG	B	-0.04%
FLO	D	-0.04%
FMC	D	-0.04%
SEE	C	-0.03%
HOG	D	-0.03%
CHH	A	-0.03%
SON	D	-0.03%
ASH	D	-0.02%