QDF vs. DGT ETF Comparison

Comparison of FlexShares Quality Dividend Index Fund (QDF) to SPDR Global Dow ETF (based on The Global Dow) (DGT)

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

$71.33

Average Daily Volume

45,847

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

DGT

SPDR Global Dow ETF (based on The Global Dow)

DGT Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of multinational blue-chip issuers. In seeking to track the performance of The Global Dow (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is made up of 150 constituents from around the world selected by an Averages Committee comprised of the managing editor of the Wall Street Journal. It is non-diversified.

Grade (RS Rating)

Last Trade

$137.86

Average Daily Volume

6,988

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QDF	DGT
30 Days	3.71%	3.82%
60 Days	9.65%	11.89%
90 Days	6.61%	6.12%
12 Months	31.89%	32.10%

33 Overlapping Holdings

Symbol	Grade	Weight in QDF	Weight in DGT	Overlap
AAPL	C	8.57%	0.66%	0.66%
ABBV	C	3.08%	0.67%	0.67%
ABBV	C	3.08%	0.64%	0.64%
ACN	B	1.97%	0.64%	0.64%
AVGO	B	0.91%	0.66%	0.66%
BAC	B	0.02%	0.65%	0.02%
BK	A	0.62%	0.67%	0.62%
BKNG	B	0.06%	0.69%	0.06%
CAT	A	0.78%	0.72%	0.72%
CL	D	0.17%	0.62%	0.17%
COP	D	0.04%	0.65%	0.04%
EBAY	A	0.62%	0.64%	0.62%
GILD	A	0.96%	0.64%	0.64%
GOOG	B	1.55%	0.31%	0.31%
GOOGL	B	1.76%	0.36%	0.36%
HD	A	1.79%	0.66%	0.66%
JNJ	D	3.17%	0.62%	0.62%
JPM	C	0.64%	0.66%	0.64%
KO	C	2.51%	0.64%	0.64%
META	A	3.23%	0.69%	0.69%
MMM	C	0.69%	0.66%	0.66%
MRK	F	0.52%	0.63%	0.52%
MSFT	D	4.98%	0.64%	0.64%
NKE	D	0.93%	0.72%	0.72%
NVDA	B	4.97%	0.65%	0.65%
PG	D	3.08%	0.64%	0.64%
PM	D	1.29%	0.61%	0.61%
QCOM	D	1.73%	0.64%	0.64%
SBUX	B	0.73%	0.63%	0.63%
UNP	F	1.3%	0.63%	0.63%
V	B	0.36%	0.61%	0.36%
WMT	A	0.12%	0.63%	0.12%
XOM	A	0.51%	0.67%	0.51%

QDF Overweight 95 Positions Relative to DGT

Symbol	Grade	Weight
INTU	F	1.57%
LOW	C	1.29%
ADP	A	1.07%
LRCX	D	1.01%
KLAC	B	0.96%
MO	D	0.81%
ZTS	C	0.81%
MS	A	0.78%
ITW	C	0.72%
LMT	A	0.71%
VRT	B	0.7%
AFL	A	0.64%
PSA	C	0.64%
PEG	A	0.63%
PAYX	B	0.63%
D	A	0.6%
FIS	A	0.59%
SMG	C	0.59%
FAST	C	0.59%
PRU	B	0.58%
AVB	C	0.57%
NXPI	F	0.56%
MPC	D	0.56%
MCHP	F	0.55%
MAA	D	0.55%
EQR	C	0.55%
MET	A	0.55%
NSA	D	0.54%
GEN	A	0.54%
CHRW	C	0.54%
IVZ	A	0.53%
VLO	F	0.53%
WTW	C	0.53%
KTB	C	0.53%
OHI	C	0.53%
ORI	A	0.52%
VIRT	B	0.52%
CPT	C	0.52%
EA	D	0.51%
NEP	D	0.51%
IPG	D	0.51%
JHG	A	0.51%
RDN	D	0.5%
OGE	C	0.5%
CMA	C	0.5%
WU	D	0.5%
STWD	C	0.5%
WSM	C	0.49%
UGI	C	0.49%
FAF	C	0.48%
DVN	F	0.48%
SWKS	F	0.47%
BPOP	D	0.47%
SNA	C	0.46%
POOL	D	0.46%
WY	C	0.46%
TPR	B	0.46%
WDFC	B	0.44%
OMF	D	0.43%
WMS	D	0.43%
NUE	D	0.43%
HST	D	0.42%
SCCO	B	0.42%
EVRG	C	0.41%
TT	A	0.41%
CUBE	C	0.4%
PFG	A	0.39%
CTAS	C	0.38%
ALLY	F	0.36%
RHI	D	0.35%
IRDM	C	0.35%
LNC	B	0.35%
EIX	C	0.35%
APLE	B	0.34%
CFR	B	0.33%
OLN	D	0.29%
BR	B	0.29%
NNN	C	0.27%
WING	C	0.26%
MA	A	0.25%
NTAP	D	0.23%
COST	C	0.23%
HRB	C	0.18%
DPZ	D	0.17%
RMD	C	0.17%
PNW	C	0.16%
BSY	D	0.14%
PAYC	D	0.12%
COR	F	0.12%
EXP	C	0.08%
WFRD	F	0.07%
CSWI	A	0.06%
MAR	A	0.04%
STNG	B	0.02%
BBWI	F	0.01%

QDF Underweight 59 Positions Relative to DGT

Symbol	Grade	Weight
INTC	D	-0.77%
MT	B	-0.73%
TSLA	C	-0.72%
PYPL	A	-0.71%
DD	C	-0.7%
TM	D	-0.7%
AMD	C	-0.69%
CRM	B	-0.69%
HMC	D	-0.69%
TSM	B	-0.69%
DIS	D	-0.68%
WFC	B	-0.68%
DE	C	-0.68%
CSCO	A	-0.68%
HPQ	B	-0.68%
CCL	C	-0.68%
SONY	C	-0.68%
GE	B	-0.67%
UPS	D	-0.67%
CVS	D	-0.67%
SLB	D	-0.67%
IBM	A	-0.66%
CVX	B	-0.66%
AXP	A	-0.66%
GS	B	-0.66%
ORCL	A	-0.66%
HWM	A	-0.66%
T	B	-0.65%
AMZN	C	-0.65%
RTX	A	-0.65%
HON	C	-0.65%
MCD	A	-0.65%
SPG	A	-0.65%
NFLX	A	-0.65%
NEE	C	-0.64%
TRV	B	-0.64%
AIG	C	-0.64%
BRK.A	B	-0.64%
NVS	D	-0.64%
VZ	C	-0.64%
MUFG	D	-0.63%
MFG	B	-0.63%
MDLZ	D	-0.63%
DUK	C	-0.63%
PFE	D	-0.63%
UNH	B	-0.63%
BA	F	-0.63%
MDT	C	-0.63%
ABT	C	-0.62%
PLD	D	-0.62%
INFY	B	-0.62%
AMGN	D	-0.62%
BAX	D	-0.62%
LLY	D	-0.61%
PEP	F	-0.61%
ADBE	F	-0.6%
FDX	F	-0.59%
BABA	A	-0.58%
BABA	A	-0.23%