QLC vs. FELC ETF Comparison

Comparison of FlexShares US Quality Large Cap Index Fund (QLC) to Fidelity Enhanced Large Cap Core ETF (FELC)

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

$67.43

Average Daily Volume

43,756

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

FELC

Fidelity Enhanced Large Cap Core ETF

FELC Description

The fund will normally invest at least 80% of assets in common stocks included in the S&P 500® Index, which is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$33.43

Average Daily Volume

581,796

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	QLC	FELC
30 Days	3.14%	3.27%
60 Days	4.71%	5.09%
90 Days	6.03%	6.09%
12 Months	34.37%	33.74%

67 Overlapping Holdings

Symbol	Grade	Weight in QLC	Weight in FELC	Overlap
AAPL	C	7.51%	7.38%	7.38%
ABBV	D	0.19%	1.02%	0.19%
ABT	B	0.13%	0.56%	0.13%
ADBE	C	0.82%	0.94%	0.82%
ADP	B	0.05%	0.2%	0.05%
AMAT	F	0.66%	0.68%	0.66%
AMGN	D	0.55%	0.33%	0.33%
AMZN	C	2.34%	3.93%	2.34%
AVGO	D	1.69%	1.72%	1.69%
BAC	A	1.5%	1.2%	1.2%
BK	A	0.68%	0.11%	0.11%
BKNG	A	0.66%	0.13%	0.13%
BMY	B	0.44%	0.75%	0.44%
BRK.A	B	2.35%	2.25%	2.25%
C	A	1.25%	0.02%	0.02%
CAH	B	0.21%	0.31%	0.21%
CAT	B	0.95%	0.57%	0.57%
CI	F	0.76%	0.63%	0.63%
CL	D	0.33%	0.47%	0.33%
CMCSA	B	0.78%	0.86%	0.78%
CRM	B	0.04%	1.15%	0.04%
CSCO	B	1.25%	0.66%	0.66%
DASH	A	0.24%	0.18%	0.18%
ED	D	0.51%	0.15%	0.15%
FTNT	C	0.5%	0.15%	0.15%
GE	D	0.96%	0.39%	0.39%
GEHC	F	0.07%	0.04%	0.04%
GILD	C	0.15%	0.74%	0.15%
GOOG	C	2.82%	1.9%	1.9%
GOOGL	C	2.85%	2.05%	2.05%
GS	A	0.68%	0.15%	0.15%
HD	A	0.66%	1.29%	0.66%
IDXX	F	0.18%	0.22%	0.18%
JNJ	D	1.48%	0.74%	0.74%
JPM	A	2.1%	1.94%	1.94%
KLAC	D	0.64%	0.63%	0.63%
KR	B	0.46%	0.03%	0.03%
LDOS	C	0.54%	0.24%	0.24%
LLY	F	1.14%	0.76%	0.76%
LMT	D	0.58%	0.71%	0.58%
LRCX	F	0.72%	0.44%	0.44%
MCK	B	0.77%	0.06%	0.06%
MEDP	D	0.02%	0.21%	0.02%
META	D	2.34%	2.89%	2.34%
MMM	D	0.25%	0.13%	0.13%
MRK	F	0.88%	0.99%	0.88%
MS	A	0.69%	0.31%	0.31%
MSFT	F	4.69%	5.68%	4.69%
NFLX	A	0.69%	1.3%	0.69%
NRG	B	0.47%	0.11%	0.11%
NUE	C	0.39%	0.2%	0.2%
NVDA	C	6.54%	7.39%	6.54%
ORCL	B	1.12%	0.05%	0.05%
OXY	D	0.21%	0.19%	0.19%
PCAR	B	0.3%	0.52%	0.3%
PG	A	1.27%	0.72%	0.72%
PM	B	0.54%	0.94%	0.54%
PSA	D	0.48%	0.09%	0.09%
QCOM	F	0.66%	0.88%	0.66%
SPG	B	0.64%	0.59%	0.59%
STLD	B	0.47%	0.06%	0.06%
SYK	C	0.05%	0.03%	0.03%
T	A	0.78%	0.73%	0.73%
TSLA	B	0.73%	1.31%	0.73%
TXT	D	0.02%	0.52%	0.02%
WFC	A	0.45%	0.1%	0.1%
ZM	B	0.06%	0.51%	0.06%

QLC Overweight 97 Positions Relative to FELC

Symbol	Grade	Weight
INTU	C	1.08%
SO	D	0.84%
ITW	B	0.77%
COF	B	0.72%
FICO	B	0.68%
ACN	C	0.68%
ETR	B	0.66%
GWW	B	0.64%
CBRE	B	0.63%
AFL	B	0.62%
PEG	A	0.61%
AZO	C	0.56%
PPL	B	0.56%
SYF	B	0.56%
COR	B	0.56%
MET	A	0.55%
AVB	B	0.55%
MPC	D	0.54%
NVR	D	0.54%
APP	B	0.53%
ESS	B	0.53%
VLO	C	0.53%
AIG	B	0.52%
ADI	D	0.47%
EBAY	D	0.47%
CHKP	D	0.46%
LOW	D	0.45%
STT	A	0.44%
HST	C	0.44%
EQR	B	0.44%
WY	D	0.43%
KMB	D	0.43%
RCL	A	0.4%
OMC	C	0.39%
DVA	B	0.39%
MELI	D	0.38%
EXC	C	0.38%
RMD	C	0.38%
EXPD	D	0.38%
UPS	C	0.37%
CSL	C	0.35%
GIS	D	0.34%
CTSH	B	0.34%
FIS	C	0.34%
DELL	C	0.33%
LH	C	0.33%
ALLY	C	0.33%
CMI	A	0.31%
MTD	D	0.31%
CNC	D	0.29%
MO	A	0.29%
TAP	C	0.28%
EA	A	0.28%
WAB	B	0.28%
PRU	A	0.28%
FITB	A	0.27%
JBL	B	0.27%
MAS	D	0.24%
PHM	D	0.23%
ABNB	C	0.22%
MCHP	D	0.22%
EIX	B	0.21%
HOOD	B	0.21%
HOLX	D	0.2%
HCA	F	0.19%
IT	C	0.19%
PSX	C	0.19%
BBY	D	0.19%
FI	A	0.18%
DFS	B	0.18%
NTAP	C	0.17%
PAYX	C	0.16%
ICLR	D	0.14%
THC	D	0.14%
UTHR	C	0.13%
WSM	B	0.13%
EME	C	0.12%
ELV	F	0.12%
LYB	F	0.11%
MANH	D	0.11%
CRBG	B	0.09%
LEN	D	0.09%
AOS	F	0.08%
CE	F	0.07%
FLEX	A	0.07%
REGN	F	0.06%
TGT	F	0.06%
EXPE	B	0.05%
DHR	F	0.04%
EVRG	A	0.03%
JLL	D	0.03%
ROP	B	0.03%
MAA	B	0.02%
ADM	D	0.02%
SMCI	F	0.02%
LAMR	D	0.02%
EMR	A	0.02%

QLC Underweight 103 Positions Relative to FELC

Symbol	Grade	Weight
XOM	B	-1.56%
MA	C	-1.36%
WMT	A	-1.14%
NEE	D	-0.84%
V	A	-0.82%
SCHW	B	-0.8%
UNP	C	-0.76%
PGR	A	-0.74%
RTX	C	-0.7%
CTAS	B	-0.69%
MU	D	-0.66%
DIS	B	-0.65%
ECL	D	-0.63%
BDX	F	-0.62%
NOC	D	-0.6%
TJX	A	-0.59%
SQ	B	-0.58%
UNH	C	-0.57%
CVNA	B	-0.55%
NOW	A	-0.55%
EOG	A	-0.54%
CSX	B	-0.54%
DVN	F	-0.53%
DBX	B	-0.52%
TT	A	-0.52%
MSI	B	-0.5%
CME	A	-0.5%
IGT	F	-0.46%
EXEL	B	-0.45%
TRV	B	-0.43%
ANF	C	-0.42%
PFE	D	-0.42%
CACI	D	-0.4%
SSNC	B	-0.38%
NSC	B	-0.38%
TDC	D	-0.37%
AON	A	-0.35%
CMG	B	-0.35%
PYPL	B	-0.34%
MSCI	C	-0.33%
TMO	F	-0.33%
ALLE	D	-0.33%
WM	A	-0.32%
SPGI	C	-0.31%
TMUS	B	-0.31%
COST	B	-0.31%
AXP	A	-0.31%
TROW	B	-0.31%
PPG	F	-0.3%
SEIC	B	-0.3%
MGM	D	-0.3%
MMC	B	-0.29%
INCY	C	-0.28%
CCL	B	-0.26%
CVS	D	-0.25%
AMT	D	-0.24%
RSG	A	-0.24%
SKYW	B	-0.23%
GAP	C	-0.22%
GRMN	B	-0.22%
LHX	C	-0.21%
LYFT	C	-0.21%
GL	B	-0.21%
ALRM	C	-0.2%
WDAY	B	-0.16%
UBER	D	-0.14%
WTW	B	-0.14%
TWLO	A	-0.13%
UNM	A	-0.12%
PNC	B	-0.12%
VST	B	-0.12%
QRVO	F	-0.12%
NBIX	C	-0.11%
CLX	B	-0.11%
ANET	C	-0.11%
F	C	-0.11%
BLD	D	-0.11%
LNW	D	-0.11%
BBWI	D	-0.11%
BIIB	F	-0.1%
PEGA	A	-0.1%
HWM	A	-0.1%
SOLV	C	-0.09%
VEEV	C	-0.08%
MKL	A	-0.08%
FR	C	-0.08%
ZBRA	B	-0.06%
DHI	D	-0.06%
VZ	C	-0.06%
AXTA	A	-0.05%
SCCO	F	-0.05%
PEP	F	-0.05%
PLTK	B	-0.04%
ROST	C	-0.04%
SWKS	F	-0.03%
A	D	-0.03%
CRUS	D	-0.03%
LPLA	A	-0.03%
GPN	B	-0.02%
DOCU	A	-0.02%
WBD	C	-0.01%
AES	F	-0.01%
CVX	A	-0.01%