QDF vs. ESGG ETF Comparison

Comparison of FlexShares Quality Dividend Index Fund (QDF) to FlexShares STOXX Global ESG Impact Index Fund (ESGG)

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

ESGG

FlexShares STOXX Global ESG Impact Index Fund

ESGG Description

Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXX Global ESG Impact Index.

Grade (RS Rating)

Last Trade

$170.57

Average Daily Volume

4,095

Number of Holdings ^*

172

* may have additional holdings in another (foreign) market

Performance

Period	QDF	ESGG
30 Days	1.66%	0.20%
60 Days	2.62%	-0.79%
90 Days	4.00%	0.81%
12 Months	26.92%	21.15%

42 Overlapping Holdings

Symbol	Grade	Weight in QDF	Weight in ESGG	Overlap
AAPL	C	8.54%	5.04%	5.04%
ABBV	D	2.58%	0.13%	0.13%
ACN	C	1.93%	1.36%	1.36%
AVGO	D	0.88%	2.36%	0.88%
BKNG	A	0.07%	0.34%	0.07%
CL	D	0.15%	0.15%	0.15%
COST	B	0.24%	0.83%	0.24%
CTAS	B	0.39%	0.22%	0.22%
DPZ	C	0.17%	0.03%	0.03%
EA	A	0.58%	0.13%	0.13%
EBAY	D	0.58%	0.06%	0.06%
EIX	B	0.34%	0.06%	0.06%
GEN	B	0.58%	0.06%	0.06%
GILD	C	1.0%	0.23%	0.23%
HST	C	0.41%	0.02%	0.02%
INTU	C	1.74%	0.4%	0.4%
IPG	D	0.45%	0.03%	0.03%
JNJ	D	3.01%	2.19%	2.19%
JPM	A	0.75%	3.41%	0.75%
KO	D	2.16%	0.74%	0.74%
LOW	D	1.27%	0.3%	0.3%
LRCX	F	0.87%	0.19%	0.19%
MAR	B	0.05%	0.2%	0.05%
MET	A	0.56%	0.09%	0.09%
META	D	3.1%	5.0%	3.1%
MRK	F	0.45%	0.99%	0.45%
MSFT	F	4.91%	4.91%	4.91%
NKE	D	0.83%	0.17%	0.17%
NTAP	C	0.22%	0.07%	0.07%
NXPI	D	0.52%	0.23%	0.23%
PEG	A	0.61%	0.09%	0.09%
PFG	D	0.39%	0.03%	0.03%
PG	A	3.03%	1.18%	1.18%
QCOM	F	1.68%	0.55%	0.55%
TT	A	0.43%	0.17%	0.17%
UNP	C	1.24%	0.29%	0.29%
WMT	A	0.13%	1.47%	0.13%
WSM	B	0.43%	0.1%	0.1%
WTW	B	0.56%	0.09%	0.09%
WY	D	0.42%	0.08%	0.08%
XOM	B	0.5%	2.67%	0.5%
ZTS	D	0.74%	0.23%	0.23%

QDF Overweight 85 Positions Relative to ESGG

Symbol	Grade	Weight
NVDA	C	5.81%
GOOGL	C	1.84%
HD	A	1.77%
GOOG	C	1.63%
PM	B	1.41%
ADP	B	1.11%
MS	A	0.98%
MO	A	0.89%
VRT	B	0.83%
SBUX	A	0.76%
KLAC	D	0.76%
CAT	B	0.75%
ITW	B	0.74%
FAST	B	0.68%
BK	A	0.68%
MMM	D	0.65%
PAYX	C	0.63%
LMT	D	0.62%
FIS	C	0.62%
AFL	B	0.62%
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%
CMA	A	0.58%
TPR	B	0.57%
SNA	A	0.56%
ORI	A	0.55%
CHRW	C	0.55%
EQR	B	0.55%
MAA	B	0.55%
VLO	C	0.55%
MPC	D	0.54%
OMF	A	0.52%
OHI	C	0.52%
CPT	B	0.51%
IVZ	B	0.51%
OGE	B	0.51%
SMG	D	0.5%
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%
CFR	B	0.42%
NUE	C	0.42%
EVRG	A	0.42%
SWKS	F	0.4%
V	A	0.4%
LNC	B	0.39%
RHI	B	0.38%
ALLY	C	0.37%
CUBE	D	0.37%
SCCO	F	0.36%
WMS	D	0.36%
APLE	B	0.35%
IRDM	D	0.31%
NEP	F	0.3%
BR	A	0.3%
MA	C	0.26%
OLN	D	0.25%
NNN	D	0.23%
WING	D	0.2%
HRB	D	0.17%
RMD	C	0.17%
PNW	B	0.16%
PAYC	B	0.16%
COR	B	0.14%
BSY	D	0.13%
EXP	A	0.08%
WFRD	D	0.07%
CSWI	A	0.07%
COP	C	0.04%
STNG	F	0.02%
BAC	A	0.02%
BBWI	D	0.01%

QDF Underweight 130 Positions Relative to ESGG

Symbol	Grade	Weight
AMZN	C	-5.56%
BRK.A	B	-2.43%
LLY	F	-2.0%
CVX	A	-1.66%
UNH	C	-1.09%
IBM	C	-0.76%
ADBE	C	-0.71%
AMD	F	-0.68%
CRM	B	-0.65%
ORCL	B	-0.6%
BLK	C	-0.59%
ABT	B	-0.59%
DIS	B	-0.58%
SONY	B	-0.57%
MU	D	-0.56%
TJX	A	-0.55%
TXN	C	-0.55%
GS	A	-0.55%
SYK	C	-0.54%
C	A	-0.52%
CSCO	B	-0.48%
NVS	D	-0.48%
AMAT	F	-0.46%
INTC	D	-0.44%
ICE	C	-0.44%
NOW	A	-0.42%
HSBH	B	-0.4%
ELV	F	-0.37%
VRTX	F	-0.36%
TM	D	-0.34%
MUFG	B	-0.33%
CRWD	B	-0.31%
UL	D	-0.31%
UBER	D	-0.29%
PFE	D	-0.28%
AMT	D	-0.27%
APO	B	-0.27%
ADSK	A	-0.27%
PANW	C	-0.26%
BMY	B	-0.25%
GM	B	-0.25%
USB	A	-0.24%
SLB	C	-0.24%
SNPS	B	-0.24%
WELL	A	-0.23%
GEHC	F	-0.21%
MDT	D	-0.21%
TGT	F	-0.2%
HPQ	B	-0.19%
CBRE	B	-0.19%
HLT	A	-0.18%
CI	F	-0.18%
CMG	B	-0.17%
MDLZ	F	-0.17%
LULU	C	-0.15%
KMB	D	-0.13%
EW	C	-0.13%
DEO	F	-0.13%
CVS	D	-0.13%
HUBS	A	-0.13%
ROST	C	-0.13%
TD	F	-0.13%
LYG	F	-0.12%
VICI	C	-0.11%
TRV	B	-0.11%
GIS	D	-0.11%
BCS	C	-0.11%
IT	C	-0.11%
KR	B	-0.11%
WDC	D	-0.1%
NEM	D	-0.1%
OMC	C	-0.1%
AEP	D	-0.1%
HMC	F	-0.1%
HPE	B	-0.1%
IRM	D	-0.1%
IQV	D	-0.1%
CTSH	B	-0.09%
E	F	-0.09%
NU	C	-0.09%
CNI	D	-0.09%
CMI	A	-0.09%
OTIS	C	-0.08%
BBY	D	-0.08%
DFS	B	-0.08%
YUM	B	-0.08%
AWK	D	-0.08%
TSCO	D	-0.08%
DOC	D	-0.07%
CLX	B	-0.07%
DECK	A	-0.07%
CAH	B	-0.06%
LII	A	-0.06%
CCEP	C	-0.06%
VTR	C	-0.06%
HOLX	D	-0.06%
CCL	B	-0.06%
BALL	D	-0.05%
K	A	-0.05%
XRX	F	-0.05%
STLA	F	-0.05%
ESS	B	-0.05%
ARE	D	-0.05%
HSY	F	-0.05%
ACM	A	-0.04%
EL	F	-0.04%
NVT	B	-0.04%
PNR	A	-0.04%
JBL	B	-0.04%
EXPE	B	-0.04%
MRNA	F	-0.03%
AES	F	-0.03%
XPO	B	-0.03%
TFX	F	-0.03%
PSTG	D	-0.03%
AKAM	D	-0.03%
DOX	D	-0.03%
SNAP	C	-0.03%
MRO	B	-0.03%
BAX	D	-0.03%
SMCI	F	-0.03%
FFIV	B	-0.03%
FDS	B	-0.03%
SUI	D	-0.03%
OKTA	C	-0.02%
LOGI	D	-0.02%
AGCO	D	-0.02%
QGEN	D	-0.02%
DLTR	F	-0.02%
AEI	D	-0.01%