QDF vs. GLOV ETF Comparison

Comparison of FlexShares Quality Dividend Index Fund (QDF) to Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV)

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

$70.71

Average Daily Volume

44,851

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

GLOV

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

GLOV Description

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. It invests in public equity markets of the global developed region. It invests in stocks of companies operating across diversified sectors. It invests in value, momentum and less volatile stocks of companies across diversified market capitalization. It seeks to track the performance of the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index, by using full replication technique. Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$50.57

Average Daily Volume

38,171

Number of Holdings ^*

204

* may have additional holdings in another (foreign) market

Performance

Period	QDF	GLOV
30 Days	1.56%	1.76%
60 Days	3.49%	5.04%
90 Days	6.32%	7.50%
12 Months	28.53%	26.77%

48 Overlapping Holdings

Symbol	Grade	Weight in QDF	Weight in GLOV	Overlap
AAPL	C	8.27%	3.34%	3.34%
ABBV	C	3.1%	0.58%	0.58%
ACN	C	1.98%	0.63%	0.63%
ADP	B	1.06%	0.04%	0.04%
AFL	C	0.62%	0.55%	0.55%
AVGO	C	0.89%	0.45%	0.45%
BAC	D	0.02%	0.26%	0.02%
BK	A	0.62%	0.18%	0.18%
BR	D	0.29%	0.18%	0.18%
CL	C	0.17%	0.93%	0.17%
COP	D	0.04%	0.02%	0.02%
COST	B	0.24%	0.7%	0.24%
CTAS	C	0.38%	0.53%	0.38%
EA	D	0.53%	0.18%	0.18%
FAST	C	0.59%	0.61%	0.59%
GILD	B	0.96%	0.54%	0.54%
GOOG	D	1.49%	0.69%	0.69%
GOOGL	D	1.69%	0.75%	0.75%
HD	A	1.68%	0.74%	0.74%
INTU	C	1.69%	0.11%	0.11%
ITW	C	0.71%	0.43%	0.43%
JNJ	C	3.32%	0.7%	0.7%
JPM	D	0.65%	0.61%	0.61%
KO	B	2.57%	0.31%	0.31%
LMT	B	0.68%	0.12%	0.12%
LOW	A	1.23%	0.68%	0.68%
MA	B	0.26%	0.78%	0.26%
MAR	C	0.04%	0.04%	0.04%
MET	A	0.53%	0.02%	0.02%
META	A	3.04%	0.79%	0.79%
MO	C	0.84%	0.09%	0.09%
MRK	D	0.56%	0.56%	0.56%
MSFT	C	5.21%	2.83%	2.83%
NTAP	D	0.22%	0.41%	0.22%
NVDA	D	4.94%	1.62%	1.62%
PAYX	C	0.62%	0.14%	0.14%
PEG	A	0.59%	0.05%	0.05%
PFG	B	0.38%	0.05%	0.05%
PG	C	3.22%	0.58%	0.58%
PM	C	1.38%	0.11%	0.11%
PRU	C	0.58%	0.07%	0.07%
QCOM	F	1.74%	0.22%	0.22%
SNA	C	0.45%	0.12%	0.12%
V	C	0.38%	0.67%	0.38%
WMT	B	0.12%	1.36%	0.12%
WTW	C	0.54%	0.02%	0.02%
XOM	D	0.48%	0.21%	0.21%
ZTS	C	0.83%	0.16%	0.16%

QDF Overweight 77 Positions Relative to GLOV

Symbol	Grade	Weight
UNP	C	1.37%
LRCX	F	0.95%
KLAC	D	0.92%
NKE	D	0.9%
MS	C	0.75%
SBUX	C	0.74%
MMM	A	0.69%
CAT	B	0.69%
PSA	B	0.66%
EBAY	B	0.62%
FIS	B	0.61%
D	B	0.61%
AVB	C	0.6%
VRT	C	0.6%
MAA	C	0.59%
EQR	C	0.58%
NSA	B	0.57%
VIRT	C	0.55%
NXPI	D	0.55%
MPC	D	0.55%
OHI	C	0.55%
CPT	B	0.54%
MCHP	D	0.54%
ORI	B	0.53%
VLO	F	0.53%
KTB	A	0.52%
IPG	C	0.52%
RDN	C	0.52%
STWD	B	0.52%
JHG	B	0.51%
CHRW	A	0.51%
NEP	C	0.5%
BPOP	C	0.5%
CMA	A	0.5%
OGE	B	0.5%
WU	D	0.5%
IVZ	B	0.49%
FAF	C	0.49%
UGI	C	0.49%
DVN	D	0.48%
SMG	C	0.48%
WSM	D	0.47%
SWKS	F	0.47%
POOL	D	0.45%
OMF	D	0.45%
WY	C	0.45%
TPR	C	0.44%
WDFC	C	0.44%
NUE	F	0.42%
EVRG	B	0.42%
HST	C	0.42%
CUBE	B	0.42%
WMS	D	0.41%
TT	A	0.4%
SCCO	D	0.36%
ALLY	D	0.35%
EIX	C	0.35%
LNC	D	0.34%
CFR	C	0.34%
RHI	D	0.33%
APLE	C	0.33%
IRDM	D	0.31%
OLN	D	0.27%
NNN	C	0.27%
WING	B	0.25%
RMD	C	0.19%
HRB	C	0.18%
PNW	B	0.16%
DPZ	D	0.16%
BSY	D	0.14%
PAYC	D	0.13%
EXP	B	0.08%
WFRD	F	0.07%
CSWI	B	0.06%
BKNG	B	0.06%
STNG	F	0.02%
BBWI	F	0.01%

QDF Underweight 156 Positions Relative to GLOV

Symbol	Grade	Weight
AMZN	C	-1.24%
BRK.A	C	-1.22%
IBM	A	-1.02%
ORLY	D	-0.98%
MSI	B	-0.95%
AZO	D	-0.75%
GWW	A	-0.75%
TJX	C	-0.74%
UNH	C	-0.71%
LLY	C	-0.71%
MMC	C	-0.7%
PEP	D	-0.68%
CSCO	B	-0.61%
VZ	B	-0.59%
T	C	-0.59%
MCO	A	-0.58%
APH	C	-0.57%
DELL	C	-0.57%
YUM	F	-0.54%
ADBE	F	-0.54%
MCK	F	-0.54%
HPE	D	-0.51%
MAS	B	-0.51%
RSG	D	-0.51%
CTSH	C	-0.49%
MCD	B	-0.49%
WM	D	-0.49%
CAH	C	-0.48%
KR	C	-0.46%
CI	C	-0.45%
NVS	C	-0.44%
IT	A	-0.44%
CVS	F	-0.43%
REGN	C	-0.42%
VRSN	D	-0.42%
L	D	-0.41%
KEYS	C	-0.41%
CDW	D	-0.41%
GD	B	-0.37%
ROP	C	-0.36%
GPC	D	-0.36%
CHKP	A	-0.35%
INCY	C	-0.33%
AJG	D	-0.32%
C	D	-0.32%
BMY	C	-0.32%
ROL	C	-0.31%
ACGL	B	-0.31%
CMCSA	D	-0.31%
TSCO	C	-0.3%
CDNS	D	-0.29%
HIG	B	-0.29%
PGR	A	-0.29%
CAG	C	-0.29%
DOX	C	-0.28%
SYY	D	-0.28%
EG	C	-0.27%
SSNC	B	-0.26%
SHW	B	-0.26%
MKL	C	-0.26%
PCAR	D	-0.26%
GE	A	-0.26%
HPQ	D	-0.26%
FOXA	B	-0.26%
LDOS	B	-0.25%
ORCL	B	-0.25%
MDLZ	C	-0.24%
CHD	C	-0.24%
BSX	B	-0.24%
AKAM	D	-0.24%
CPAY	C	-0.23%
TMUS	C	-0.23%
KMB	D	-0.23%
WRB	C	-0.23%
CBOE	C	-0.23%
LYB	F	-0.22%
HSY	D	-0.21%
ALL	B	-0.2%
CB	B	-0.2%
ADSK	C	-0.2%
AMGN	B	-0.19%
DGX	C	-0.19%
VRTX	D	-0.18%
ETN	C	-0.18%
RTX	C	-0.18%
SNPS	D	-0.18%
TXT	D	-0.17%
LIN	B	-0.17%
AME	C	-0.16%
CVX	D	-0.16%
CRM	D	-0.15%
TEL	D	-0.15%
ICE	C	-0.15%
WCN	D	-0.14%
ELV	C	-0.14%
VRSK	D	-0.14%
FOX	B	-0.14%
TRV	B	-0.14%
FTV	C	-0.14%
PKG	B	-0.14%
WMB	B	-0.13%
KHC	C	-0.13%
TDG	B	-0.12%
KMI	A	-0.12%
HOLX	C	-0.12%
RPRX	D	-0.12%
TD	A	-0.12%
WAB	A	-0.12%
EXPD	C	-0.12%
OTIS	C	-0.12%
BIIB	F	-0.11%
SYK	C	-0.11%
AMP	B	-0.11%
BDX	F	-0.11%
HLT	B	-0.11%
FNF	B	-0.11%
TXN	C	-0.1%
AIG	D	-0.1%
GRMN	D	-0.1%
SO	A	-0.1%
DOW	D	-0.09%
GIS	B	-0.09%
GLW	B	-0.08%
CMI	C	-0.08%
LHX	C	-0.08%
E	C	-0.08%
CINF	C	-0.08%
CME	C	-0.08%
AON	B	-0.08%
HCA	A	-0.08%
WFC	D	-0.07%
ROST	C	-0.07%
OMC	B	-0.07%
STT	B	-0.07%
CLX	C	-0.07%
DOV	B	-0.06%
LNG	C	-0.05%
DUK	B	-0.05%
AGCO	D	-0.05%
ECL	A	-0.05%
DRI	B	-0.05%
NDAQ	A	-0.05%
AXP	B	-0.05%
IRM	B	-0.05%
CPRT	D	-0.04%
CSX	D	-0.04%
O	C	-0.04%
ABT	C	-0.04%
RJF	C	-0.04%
OKE	B	-0.04%
PPG	D	-0.03%
ZBH	F	-0.03%
TSN	D	-0.03%
KDP	B	-0.02%
NOC	A	-0.01%
TMO	C	-0.01%