QLC vs. BTAL ETF Comparison

Comparison of FlexShares US Quality Large Cap Index Fund (QLC) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)

QLC

FlexShares US Quality Large Cap Index Fund

QLC Description

FlexShares Trust - FlexShares US Quality Large Cap Index Fund is an exchange traded fund launched by Northern Trust Corporation. The fund is managed by Northern Trust Investments, Incorporated. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of large-cap companies. The fund seeks to track the performance of the Northern Trust Quality Large Cap Index, by employing representative sampling methodology. FlexShares Trust - FlexShares US Quality Large Cap Index Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$64.48

Average Daily Volume

44,605

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.87

Average Daily Volume

695,703

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

Performance

Period	QLC	BTAL
30 Days	1.00%	-1.09%
60 Days	6.78%	-2.54%
90 Days	3.80%	1.99%
12 Months	36.63%	0.50%

47 Overlapping Holdings

Symbol	Grade	Weight in QLC	Weight in BTAL	Overlap
ABBV	A	0.23%	0.41%	0.23%
ACN	B	0.67%	0.42%	0.42%
ADP	A	0.05%	0.42%	0.05%
ALLY	F	0.33%	-0.35%	-0.35%
AMGN	D	0.67%	0.44%	0.44%
AVB	C	0.57%	0.45%	0.45%
AVGO	C	1.81%	-0.46%	-0.46%
AZO	D	0.56%	0.31%	0.31%
BMY	B	0.4%	0.45%	0.4%
CBRE	A	0.6%	-0.47%	-0.47%
CE	D	0.13%	-0.43%	-0.43%
CI	C	0.86%	0.43%	0.43%
CNC	F	0.39%	0.4%	0.39%
CSCO	A	1.17%	0.44%	0.44%
CTSH	C	0.35%	0.42%	0.35%
DASH	B	0.21%	-0.48%	-0.48%
DELL	D	0.3%	-0.46%	-0.46%
ED	A	0.56%	0.44%	0.44%
ELV	F	0.17%	0.43%	0.17%
EQR	C	0.47%	0.44%	0.44%
EXPE	B	0.04%	-0.45%	-0.45%
FTNT	C	0.42%	0.44%	0.42%
GILD	A	0.15%	0.46%	0.15%
GIS	B	0.42%	0.44%	0.42%
HOOD	C	0.15%	-0.46%	-0.46%
IDXX	D	0.22%	-0.47%	-0.47%
JLL	B	0.03%	-0.47%	-0.47%
JNJ	C	1.63%	0.43%	0.43%
KR	B	0.46%	0.45%	0.45%
LAMR	C	0.02%	-0.48%	-0.48%
LMT	A	0.64%	0.41%	0.41%
LRCX	F	0.82%	-0.4%	-0.4%
MCK	F	0.66%	0.39%	0.39%
MSFT	C	5.07%	0.44%	0.44%
NRG	A	0.46%	-0.46%	-0.46%
NVDA	C	5.51%	-0.41%	-0.41%
OXY	F	0.22%	0.39%	0.22%
PAYX	A	0.15%	0.44%	0.15%
PCAR	D	0.28%	0.45%	0.28%
RMD	C	0.41%	-0.45%	-0.45%
ROP	C	0.03%	0.45%	0.03%
SMCI	F	0.06%	-0.38%	-0.38%
T	A	0.76%	0.47%	0.47%
TGT	C	0.07%	-0.43%	-0.43%
TSLA	B	0.56%	-0.52%	-0.52%
TXT	D	0.02%	0.42%	0.02%
UTHR	B	0.13%	0.44%	0.13%

QLC Overweight 114 Positions Relative to BTAL

Symbol	Grade	Weight
AAPL	C	7.85%
GOOGL	C	2.79%
GOOG	C	2.76%
META	A	2.44%
BRK.A	C	2.35%
AMZN	C	2.28%
JPM	D	1.86%
LLY	D	1.45%
BAC	D	1.34%
PG	C	1.34%
C	B	1.17%
MRK	F	1.1%
GE	C	1.05%
ORCL	C	1.05%
INTU	F	1.04%
CAT	A	0.94%
SO	A	0.89%
ADBE	F	0.88%
KLAC	D	0.82%
AMAT	D	0.78%
CMCSA	B	0.75%
ITW	B	0.74%
QCOM	D	0.71%
HD	A	0.65%
BK	C	0.64%
AFL	A	0.62%
PEG	A	0.61%
NFLX	C	0.61%
SPG	A	0.61%
COF	C	0.61%
FICO	C	0.6%
ETR	A	0.59%
GS	D	0.59%
NVR	A	0.59%
GWW	A	0.58%
MPC	F	0.58%
PPL	A	0.56%
BKNG	C	0.56%
LDOS	A	0.55%
MET	A	0.55%
ESS	C	0.55%
ADI	C	0.54%
PSA	C	0.54%
MS	B	0.54%
VLO	F	0.53%
CHKP	C	0.53%
AIG	F	0.52%
PM	B	0.52%
EBAY	A	0.5%
HST	D	0.49%
WY	B	0.47%
KMB	B	0.46%
SYF	C	0.45%
LOW	A	0.45%
MELI	C	0.44%
STLD	C	0.42%
STT	C	0.42%
OMC	A	0.42%
EXPD	B	0.41%
DVA	B	0.41%
NUE	D	0.4%
EXC	A	0.4%
MTD	B	0.39%
UPS	D	0.37%
CL	D	0.37%
WFC	D	0.35%
CSL	A	0.35%
FIS	C	0.34%
RCL	C	0.31%
MCHP	F	0.28%
PRU	C	0.28%
WAB	A	0.27%
MMM	B	0.27%
CMI	B	0.27%
MO	B	0.27%
MAS	A	0.26%
PHM	A	0.26%
JBL	D	0.25%
TAP	D	0.25%
EA	D	0.25%
FITB	C	0.25%
ICLR	F	0.23%
HCA	A	0.23%
APP	B	0.23%
HOLX	D	0.22%
ABNB	D	0.22%
EIX	A	0.22%
BBY	B	0.21%
CAH	B	0.21%
IT	C	0.19%
PSX	F	0.19%
NTAP	D	0.18%
WSM	C	0.16%
DFS	C	0.15%
THC	C	0.15%
LYB	D	0.13%
ABT	C	0.13%
MANH	C	0.12%
EME	C	0.11%
AOS	B	0.1%
REGN	D	0.1%
LEN	B	0.1%
CRBG	C	0.08%
GEHC	B	0.08%
FLEX	B	0.07%
SYK	C	0.05%
ZM	B	0.05%
DHR	B	0.05%
EVRG	B	0.03%
CRM	C	0.03%
EMR	B	0.02%
MAA	C	0.02%
MEDP	F	0.02%
ADM	D	0.02%

QLC Underweight 341 Positions Relative to BTAL

Symbol	Grade	Weight
ERIE	A	-0.5%
FFIV	C	-0.48%
MKL	B	-0.48%
SBRA	C	-0.48%
MDU	C	-0.47%
MSTR	C	-0.47%
DRI	C	-0.47%
FOXF	F	-0.47%
IBM	C	-0.47%
SFM	A	-0.46%
THG	A	-0.46%
RNR	A	-0.46%
WELL	B	-0.46%
OLLI	C	-0.46%
IBKR	A	-0.46%
CCK	A	-0.46%
MSI	A	-0.46%
VZ	A	-0.46%
HEI	C	-0.46%
PAYC	D	-0.46%
ORLY	A	-0.46%
TRV	C	-0.46%
ARMK	B	-0.45%
PGR	C	-0.45%
UNM	A	-0.45%
CME	A	-0.45%
ZI	D	-0.45%
BWXT	A	-0.45%
RYAN	A	-0.45%
RGA	C	-0.45%
MSM	D	-0.45%
TXRH	B	-0.45%
TGNA	B	-0.45%
SAIC	B	-0.45%
PNM	B	-0.45%
VFC	B	-0.45%
ALL	C	-0.45%
NEM	C	-0.45%
CHH	C	-0.45%
XEL	A	-0.45%
WPC	C	-0.45%
CACI	A	-0.45%
GLW	C	-0.45%
MKC	B	-0.45%
DD	B	-0.45%
NEU	F	-0.45%
DBX	C	-0.44%
GD	A	-0.44%
SNA	B	-0.44%
AXS	A	-0.44%
ALSN	A	-0.44%
PFE	D	-0.44%
REG	B	-0.44%
PNW	A	-0.44%
BKR	B	-0.44%
CMG	C	-0.44%
SIGI	D	-0.44%
DUK	B	-0.44%
RLI	A	-0.44%
EDR	A	-0.44%
CACC	F	-0.44%
PCTY	C	-0.44%
PKG	A	-0.44%
ELS	D	-0.44%
ACGL	A	-0.44%
HIG	A	-0.44%
DLB	D	-0.44%
FOXA	A	-0.44%
FCN	B	-0.44%
LNT	A	-0.44%
WEN	C	-0.44%
CF	A	-0.44%
KMI	A	-0.44%
WH	C	-0.44%
HQY	B	-0.44%
CMS	A	-0.44%
CB	A	-0.44%
OHI	C	-0.44%
BWA	C	-0.44%
TDY	B	-0.44%
CHRW	A	-0.44%
AEE	A	-0.44%
AON	A	-0.43%
CPB	D	-0.43%
VICI	C	-0.43%
AKAM	D	-0.43%
GLPI	B	-0.43%
MTCH	C	-0.43%
AMCR	A	-0.43%
ORI	A	-0.43%
O	A	-0.43%
HPQ	C	-0.43%
FLO	C	-0.43%
SLGN	A	-0.43%
RTX	A	-0.43%
MCD	A	-0.43%
MAN	D	-0.43%
J	D	-0.43%
EG	B	-0.43%
CINF	A	-0.43%
CLH	C	-0.43%
CHD	B	-0.43%
VRSN	C	-0.43%
CSX	D	-0.43%
BRO	A	-0.43%
NOC	B	-0.43%
DOX	B	-0.43%
ADC	B	-0.43%
WEC	A	-0.43%
CW	A	-0.43%
L	D	-0.42%
RSG	D	-0.42%
COLM	B	-0.42%
BG	D	-0.42%
VTRS	D	-0.42%
XOM	B	-0.42%
HON	B	-0.42%
ARW	C	-0.42%
TJX	C	-0.42%
BILL	D	-0.42%
HRB	C	-0.42%
DGX	C	-0.42%
CBOE	B	-0.42%
NWL	D	-0.42%
G	A	-0.42%
KO	B	-0.42%
FMC	B	-0.42%
AIZ	A	-0.42%
YUM	B	-0.42%
WM	D	-0.42%
JNPR	C	-0.42%
CHE	B	-0.42%
LNG	D	-0.42%
MOH	D	-0.42%
X	F	-0.42%
MSA	D	-0.42%
LPLA	D	-0.41%
MMC	D	-0.41%
PAG	D	-0.41%
WRB	B	-0.41%
UNH	B	-0.41%
TMUS	A	-0.41%
AVT	B	-0.41%
SNX	C	-0.41%
WTW	A	-0.41%
GPC	D	-0.41%
ASGN	D	-0.41%
KHC	B	-0.41%
ON	F	-0.4%
FANG	F	-0.4%
MUSA	D	-0.4%
MUR	F	-0.4%
CFLT	F	-0.4%
JAZZ	F	-0.4%
TNET	F	-0.4%
KBR	D	-0.4%
LULU	D	-0.4%
ST	F	-0.4%
DVN	F	-0.39%
AGL	F	-0.39%
MOS	F	-0.38%
DECK	C	-0.38%
HUM	F	-0.38%
SRPT	F	-0.38%
WTM	D	-0.35%
BMRN	F	-0.33%
WOLF	F	--0.29%
BRZE	F	--0.31%
ELF	F	--0.32%
RIVN	F	--0.35%
MRNA	F	--0.35%
CELH	F	--0.35%
SEDG	F	--0.36%
MPWR	C	--0.37%
RMBS	F	--0.37%
COIN	F	--0.37%
ARWR	F	--0.37%
CNXC	F	--0.38%
CNM	F	--0.38%
GH	F	--0.38%
RUN	D	--0.39%
OPEN	F	--0.39%
MTDR	F	--0.39%
WBA	F	--0.39%
ZS	F	--0.39%
KMX	D	--0.39%
DAR	F	--0.39%
DINO	F	--0.4%
RIG	F	--0.4%
MKSI	F	--0.4%
AMKR	F	--0.4%
DKS	D	--0.4%
NVCR	F	--0.4%
ELAN	D	--0.4%
TER	D	--0.41%
BBWI	F	--0.41%
EW	F	--0.41%
APG	F	--0.41%
MU	D	--0.41%
PEN	D	--0.41%
POWI	F	--0.41%
OC	B	--0.41%
NTLA	F	--0.41%
PENN	D	--0.42%
XPO	F	--0.42%
RGEN	F	--0.42%
F	D	--0.42%
WMS	D	--0.42%
COTY	F	--0.42%
OZK	F	--0.42%
LNC	D	--0.42%
CHX	F	--0.42%
ILMN	C	--0.42%
CRSP	F	--0.42%
CFG	D	--0.42%
SNV	D	--0.42%
ZION	D	--0.42%
ENPH	D	--0.42%
GNRC	B	--0.42%
RKT	B	--0.42%
USB	C	--0.43%
RF	C	--0.43%
GTLS	F	--0.43%
EL	D	--0.43%
CRL	F	--0.43%
PNFP	D	--0.43%
EFX	D	--0.43%
CSGP	F	--0.43%
MGM	D	--0.43%
PLD	D	--0.43%
AWK	C	--0.44%
MRVL	C	--0.44%
ALB	D	--0.44%
AGNC	C	--0.44%
D	A	--0.44%
SCHW	D	--0.44%
SQ	D	--0.44%
TXG	F	--0.44%
NTRA	B	--0.44%
UGI	C	--0.44%
KSS	D	--0.44%
SOFI	C	--0.44%
CC	D	--0.44%
PATH	D	--0.44%
PINS	D	--0.44%
CAR	D	--0.44%
THO	C	--0.44%
TROW	D	--0.44%
NVT	D	--0.45%
JHG	C	--0.45%
RRC	D	--0.45%
NET	D	--0.45%
CWEN	A	--0.45%
AMD	D	--0.45%
TFX	B	--0.45%
PFGC	B	--0.45%
DAY	C	--0.45%
HHH	B	--0.45%
SSD	C	--0.45%
NTRS	C	--0.45%
SEE	B	--0.45%
AXTA	C	--0.45%
WCC	C	--0.45%
VEEV	C	--0.45%
CG	C	--0.46%
RYN	C	--0.46%
TTD	C	--0.46%
AR	C	--0.46%
TREX	D	--0.46%
FOUR	B	--0.46%
RBLX	C	--0.46%
USFD	C	--0.46%
LITE	C	--0.46%
WAL	C	--0.46%
NWE	A	--0.46%
ALGN	D	--0.46%
PWR	B	--0.46%
BLD	C	--0.46%
GME	D	--0.47%
KKR	C	--0.47%
EQT	C	--0.47%
BLDR	B	--0.47%
OWL	B	--0.47%
PYPL	B	--0.47%
ANET	B	--0.47%
CRWD	D	--0.47%
KRC	C	--0.47%
TT	A	--0.47%
ARE	D	--0.47%
TOL	A	--0.47%
CMA	C	--0.47%
FND	B	--0.47%
ETN	C	--0.47%
FCX	B	--0.47%
SHW	B	--0.47%
ITT	B	--0.47%
CZR	C	--0.47%
UBER	C	--0.47%
AA	C	--0.47%
PTON	D	--0.47%
CARR	C	--0.48%
BX	C	--0.48%
SNAP	D	--0.48%
AXON	A	--0.48%
BLK	B	--0.48%
BXP	C	--0.48%
LPX	A	--0.48%
DKNG	D	--0.48%
AES	B	--0.48%
CCL	C	--0.48%
TRU	C	--0.48%
CVNA	A	--0.48%
ROKU	D	--0.48%
INTC	D	--0.49%
LYV	A	--0.49%
TOST	B	--0.49%
URI	B	--0.49%
COHR	B	--0.49%
TPG	C	--0.5%
VNO	B	--0.5%
LYFT	D	--0.5%
SMG	B	--0.5%
EXP	C	--0.5%
MDB	D	--0.51%
SHLS	F	--0.51%
IOT	C	--0.51%
SAIA	D	--0.51%
Z	C	--0.51%
DAL	B	--0.51%
PLTR	C	--0.52%
FYBR	C	--0.53%
VRT	B	--0.53%
DNLI	C	--0.53%
W	D	--0.54%
TDOC	D	--0.54%
PODD	C	--0.54%
DUOL	B	--0.55%
RH	C	--0.56%
VST	A	--0.57%
CEG	B	--0.57%
AFRM	C	--0.6%