QDF vs. SIXH ETF Comparison

Comparison of FlexShares Quality Dividend Index Fund (QDF) to 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH)

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

$70.17

Average Daily Volume

46,224

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

SIXH

6 Meridian Hedged Equity-Index Option Strategy ETF

SIXH Description

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. The equity securities in which it invests are mainly common stocks. The fund may invest in equity securities of companies of any capitalization. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.13

Average Daily Volume

9,185

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QDF	SIXH
30 Days	0.63%	2.20%
60 Days	3.33%	3.38%
90 Days	4.89%	4.93%
12 Months	24.21%	14.61%

24 Overlapping Holdings

Symbol	Grade	Weight in QDF	Weight in SIXH	Overlap
AAPL	D	8.75%	1.31%	1.31%
BAC	D	0.02%	1.28%	0.02%
BK	A	0.61%	1.32%	0.61%
CAT	C	0.68%	1.3%	0.68%
CL	C	0.18%	2.62%	0.18%
COP	D	0.04%	1.25%	0.04%
COST	C	0.24%	2.69%	0.24%
GILD	B	0.94%	2.7%	0.94%
GOOGL	D	1.67%	1.25%	1.25%
INTU	D	1.67%	1.34%	1.34%
JNJ	B	3.39%	1.32%	1.32%
JPM	D	0.69%	1.23%	0.69%
KO	B	2.63%	1.3%	1.3%
LMT	C	0.7%	1.33%	0.7%
META	A	2.96%	2.61%	2.61%
MO	C	0.9%	2.65%	0.9%
MRK	D	0.58%	2.62%	0.58%
MS	D	0.75%	1.29%	0.75%
NVDA	D	4.51%	2.65%	2.65%
PG	C	3.3%	1.35%	1.35%
PM	C	1.43%	1.33%	1.33%
QCOM	D	1.71%	2.62%	1.71%
WMT	B	0.12%	1.35%	0.12%
XOM	D	0.49%	2.54%	0.49%

QDF Overweight 101 Positions Relative to SIXH

Symbol	Grade	Weight
MSFT	C	5.02%
ABBV	C	3.17%
ACN	C	1.97%
HD	B	1.64%
GOOG	D	1.48%
UNP	B	1.4%
LOW	B	1.21%
ADP	B	1.07%
NKE	D	0.95%
LRCX	F	0.95%
KLAC	D	0.91%
ZTS	B	0.84%
AVGO	C	0.77%
SBUX	C	0.73%
ITW	B	0.7%
MMM	B	0.68%
PSA	B	0.65%
AFL	B	0.64%
PAYX	C	0.61%
D	C	0.61%
FIS	B	0.6%
EBAY	B	0.59%
MPC	D	0.59%
AVB	B	0.59%
FAST	C	0.58%
EQR	B	0.58%
PEG	B	0.58%
MAA	B	0.58%
PRU	C	0.57%
NSA	B	0.56%
NXPI	D	0.56%
VIRT	B	0.55%
VLO	D	0.55%
CPT	B	0.55%
WTW	B	0.55%
OHI	A	0.55%
EA	D	0.54%
IPG	C	0.54%
ORI	A	0.54%
WU	D	0.54%
MCHP	D	0.54%
RDN	B	0.53%
CHRW	B	0.53%
DVN	F	0.52%
STWD	A	0.52%
MET	A	0.52%
JHG	B	0.51%
UGI	C	0.51%
BPOP	C	0.51%
VRT	C	0.51%
SWKS	F	0.5%
OGE	B	0.5%
KTB	B	0.5%
IVZ	C	0.49%
CMA	B	0.49%
FAF	B	0.49%
SMG	C	0.48%
NEP	D	0.48%
WDFC	B	0.46%
SNA	B	0.45%
WSM	C	0.44%
WY	C	0.44%
OMF	C	0.44%
POOL	C	0.44%
TPR	C	0.43%
ALLY	F	0.43%
CUBE	B	0.42%
EVRG	A	0.42%
NUE	F	0.42%
WMS	D	0.41%
HST	D	0.41%
PFG	B	0.38%
V	B	0.38%
TT	B	0.38%
EIX	C	0.37%
CTAS	C	0.37%
LNC	D	0.35%
SCCO	D	0.35%
APLE	D	0.34%
CFR	C	0.34%
RHI	D	0.33%
IRDM	D	0.32%
BR	D	0.29%
NNN	B	0.28%
OLN	D	0.27%
MA	B	0.25%
WING	B	0.23%
NTAP	D	0.22%
HRB	C	0.19%
RMD	C	0.19%
DPZ	F	0.17%
PNW	B	0.16%
BSY	D	0.14%
PAYC	D	0.12%
EXP	B	0.07%
WFRD	F	0.07%
BKNG	B	0.06%
CSWI	B	0.05%
MAR	C	0.04%
STNG	D	0.02%
BBWI	F	0.01%

QDF Underweight 29 Positions Relative to SIXH

Symbol	Grade	Weight
T	B	-4.22%
VZ	B	-4.04%
BIL	B	-3.07%
DUK	C	-2.67%
SPG	B	-2.65%
PEP	C	-2.65%
KHC	C	-2.64%
TGT	C	-2.58%
AXP	B	-2.55%
CVX	D	-2.53%
COF	C	-2.51%
LLY	C	-2.49%
C	D	-2.49%
GE	B	-1.35%
AMZN	C	-1.35%
IBM	B	-1.35%
DE	B	-1.33%
ADBE	D	-1.33%
SO	B	-1.33%
RTX	C	-1.32%
NFLX	B	-1.32%
UNH	C	-1.32%
DOW	D	-1.29%
USB	B	-1.28%
BRK.A	C	-1.27%
AIG	D	-1.26%
PYPL	B	-1.26%
WFC	D	-1.22%
GM	B	-1.22%