QLC vs. FEX ETF Comparison

Comparison of FlexShares US Quality Large Cap Index Fund (QLC) to First Trust Large Cap Core AlphaDEX (FEX)

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

FEX

First Trust Large Cap Core AlphaDEX

FEX Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$111.95

Average Daily Volume

18,528

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

Performance

Period	QLC	FEX
30 Days	3.14%	6.62%
60 Days	4.71%	8.07%
90 Days	6.03%	10.60%
12 Months	34.37%	33.47%

118 Overlapping Holdings

Symbol	Grade	Weight in QLC	Weight in FEX	Overlap
AAPL	C	7.51%	0.17%	0.17%
ABT	B	0.13%	0.09%	0.09%
ACN	C	0.68%	0.08%	0.08%
ADM	D	0.02%	0.37%	0.02%
AFL	B	0.62%	0.34%	0.34%
AIG	B	0.52%	0.35%	0.35%
ALLY	C	0.33%	0.34%	0.33%
AMGN	D	0.55%	0.07%	0.07%
AMZN	C	2.34%	0.09%	0.09%
APP	B	0.53%	0.97%	0.53%
AVB	B	0.55%	0.09%	0.09%
AVGO	D	1.69%	0.24%	0.24%
AZO	C	0.56%	0.08%	0.08%
BAC	A	1.5%	0.3%	0.3%
BBY	D	0.19%	0.22%	0.19%
BK	A	0.68%	0.46%	0.46%
BKNG	A	0.66%	0.3%	0.3%
BRK.A	B	2.35%	0.26%	0.26%
C	A	1.25%	0.37%	0.37%
CAT	B	0.95%	0.25%	0.25%
CE	F	0.07%	0.23%	0.07%
CI	F	0.76%	0.16%	0.16%
CL	D	0.33%	0.15%	0.15%
CMCSA	B	0.78%	0.44%	0.44%
CMI	A	0.31%	0.19%	0.19%
CNC	D	0.29%	0.33%	0.29%
COF	B	0.72%	0.41%	0.41%
CRBG	B	0.09%	0.36%	0.09%
CSCO	B	1.25%	0.27%	0.27%
CSL	C	0.35%	0.17%	0.17%
CTSH	B	0.34%	0.42%	0.34%
DASH	A	0.24%	0.41%	0.24%
DELL	C	0.33%	0.19%	0.19%
EBAY	D	0.47%	0.32%	0.32%
ED	D	0.51%	0.31%	0.31%
EIX	B	0.21%	0.25%	0.21%
ELV	F	0.12%	0.2%	0.12%
EME	C	0.12%	0.49%	0.12%
EMR	A	0.02%	0.1%	0.02%
EQR	B	0.44%	0.25%	0.25%
ESS	B	0.53%	0.09%	0.09%
ETR	B	0.66%	0.38%	0.38%
EXC	C	0.38%	0.33%	0.33%
EXPD	D	0.38%	0.08%	0.08%
EXPE	B	0.05%	0.52%	0.05%
FI	A	0.18%	0.4%	0.18%
FICO	B	0.68%	0.5%	0.5%
FITB	A	0.27%	0.28%	0.27%
FTNT	C	0.5%	0.3%	0.3%
GE	D	0.96%	0.32%	0.32%
GEHC	F	0.07%	0.07%	0.07%
GIS	D	0.34%	0.22%	0.22%
GOOGL	C	2.85%	0.09%	0.09%
GS	A	0.68%	0.5%	0.5%
GWW	B	0.64%	0.29%	0.29%
HCA	F	0.19%	0.35%	0.19%
HD	A	0.66%	0.09%	0.09%
HOLX	D	0.2%	0.16%	0.16%
HOOD	B	0.21%	0.38%	0.21%
IT	C	0.19%	0.17%	0.17%
JNJ	D	1.48%	0.24%	0.24%
JPM	A	2.1%	0.3%	0.3%
KLAC	D	0.64%	0.07%	0.07%
KMB	D	0.43%	0.08%	0.08%
KR	B	0.46%	0.34%	0.34%
LEN	D	0.09%	0.38%	0.09%
LH	C	0.33%	0.18%	0.18%
LLY	F	1.14%	0.14%	0.14%
LMT	D	0.58%	0.08%	0.08%
LOW	D	0.45%	0.08%	0.08%
LYB	F	0.11%	0.37%	0.11%
MAA	B	0.02%	0.17%	0.02%
MANH	D	0.11%	0.25%	0.11%
MAS	D	0.24%	0.08%	0.08%
MET	A	0.55%	0.09%	0.09%
META	D	2.34%	0.33%	0.33%
MO	A	0.29%	0.09%	0.09%
MPC	D	0.54%	0.42%	0.42%
MS	A	0.69%	0.33%	0.33%
NFLX	A	0.69%	0.3%	0.3%
NRG	B	0.47%	0.43%	0.43%
NTAP	C	0.17%	0.16%	0.16%
NUE	C	0.39%	0.41%	0.39%
NVDA	C	6.54%	0.29%	0.29%
NVR	D	0.54%	0.23%	0.23%
OMC	C	0.39%	0.16%	0.16%
ORCL	B	1.12%	0.37%	0.37%
OXY	D	0.21%	0.42%	0.21%
PAYX	C	0.16%	0.09%	0.09%
PCAR	B	0.3%	0.48%	0.3%
PEG	A	0.61%	0.25%	0.25%
PHM	D	0.23%	0.38%	0.23%
PM	B	0.54%	0.37%	0.37%
PPL	B	0.56%	0.26%	0.26%
PRU	A	0.28%	0.18%	0.18%
PSA	D	0.48%	0.24%	0.24%
PSX	C	0.19%	0.42%	0.19%
RCL	A	0.4%	0.55%	0.4%
RMD	C	0.38%	0.33%	0.33%
SO	D	0.84%	0.17%	0.17%
SPG	B	0.64%	0.18%	0.18%
STLD	B	0.47%	0.47%	0.47%
STT	A	0.44%	0.28%	0.28%
SYF	B	0.56%	0.54%	0.54%
SYK	C	0.05%	0.09%	0.05%
T	A	0.78%	0.44%	0.44%
TGT	F	0.06%	0.34%	0.06%
THC	D	0.14%	0.39%	0.14%
TSLA	B	0.73%	0.22%	0.22%
TXT	D	0.02%	0.32%	0.02%
UPS	C	0.37%	0.17%	0.17%
UTHR	C	0.13%	0.42%	0.13%
VLO	C	0.53%	0.45%	0.45%
WAB	B	0.28%	0.46%	0.28%
WFC	A	0.45%	0.44%	0.44%
WSM	B	0.13%	0.07%	0.07%
WY	D	0.43%	0.16%	0.16%
ZM	B	0.06%	0.29%	0.06%

QLC Overweight 46 Positions Relative to FEX

Symbol	Grade	Weight
MSFT	F	4.69%
GOOG	C	2.82%
PG	A	1.27%
INTU	C	1.08%
MRK	F	0.88%
ADBE	C	0.82%
ITW	B	0.77%
MCK	B	0.77%
LRCX	F	0.72%
QCOM	F	0.66%
AMAT	F	0.66%
CBRE	B	0.63%
COR	B	0.56%
LDOS	C	0.54%
ADI	D	0.47%
CHKP	D	0.46%
BMY	B	0.44%
HST	C	0.44%
DVA	B	0.39%
MELI	D	0.38%
FIS	C	0.34%
MTD	D	0.31%
TAP	C	0.28%
EA	A	0.28%
JBL	B	0.27%
MMM	D	0.25%
ABNB	C	0.22%
MCHP	D	0.22%
CAH	B	0.21%
ABBV	D	0.19%
IDXX	F	0.18%
DFS	B	0.18%
GILD	C	0.15%
ICLR	D	0.14%
AOS	F	0.08%
FLEX	A	0.07%
REGN	F	0.06%
ADP	B	0.05%
CRM	B	0.04%
DHR	F	0.04%
EVRG	A	0.03%
JLL	D	0.03%
ROP	B	0.03%
MEDP	D	0.02%
SMCI	F	0.02%
LAMR	D	0.02%

QLC Underweight 255 Positions Relative to FEX

Symbol	Grade	Weight
PLTR	B	-0.7%
UAL	A	-0.67%
AXON	A	-0.64%
DAL	C	-0.53%
GM	B	-0.53%
SNA	A	-0.52%
VRT	B	-0.52%
VST	B	-0.52%
KKR	A	-0.49%
CVNA	B	-0.48%
HWM	A	-0.48%
PWR	A	-0.47%
OC	A	-0.47%
EOG	A	-0.47%
CINF	A	-0.47%
TRGP	B	-0.46%
COP	C	-0.46%
TROW	B	-0.46%
CTRA	B	-0.46%
CVX	A	-0.46%
TT	A	-0.45%
AXP	A	-0.45%
ALL	A	-0.45%
FANG	D	-0.45%
CCL	B	-0.45%
F	C	-0.45%
FOXA	B	-0.45%
RS	B	-0.45%
URI	B	-0.44%
HEI	B	-0.44%
BURL	A	-0.44%
SLB	C	-0.44%
HPE	B	-0.44%
HAL	C	-0.44%
KMI	A	-0.43%
PGR	A	-0.43%
CF	B	-0.43%
XOM	B	-0.43%
TOL	B	-0.42%
DVN	F	-0.42%
CPNG	D	-0.42%
MTB	A	-0.41%
EQT	B	-0.41%
HBAN	A	-0.41%
LYV	A	-0.41%
IRM	D	-0.41%
GDDY	A	-0.4%
BG	F	-0.4%
IP	B	-0.4%
TPL	A	-0.4%
EG	C	-0.4%
BKR	B	-0.4%
FCNCA	A	-0.4%
LNG	B	-0.4%
ON	D	-0.39%
TMUS	B	-0.39%
RBLX	C	-0.39%
SRE	A	-0.38%
CVS	D	-0.38%
VTRS	A	-0.38%
CFG	B	-0.38%
FDX	B	-0.37%
MSI	B	-0.37%
PH	A	-0.37%
CTAS	B	-0.36%
AEE	A	-0.36%
DHI	D	-0.36%
CNP	B	-0.36%
INTC	D	-0.36%
ATO	A	-0.36%
BRO	B	-0.36%
NI	A	-0.36%
SWKS	F	-0.36%
GEN	B	-0.36%
L	A	-0.36%
XEL	A	-0.36%
LII	A	-0.35%
COST	B	-0.35%
DGX	A	-0.35%
ZBH	C	-0.35%
VTR	C	-0.34%
CB	C	-0.34%
HIG	B	-0.34%
ANET	C	-0.33%
DUK	C	-0.33%
DTE	C	-0.32%
AEP	D	-0.32%
VZ	C	-0.32%
IBM	C	-0.32%
ERIE	D	-0.32%
AMP	A	-0.31%
NEE	D	-0.31%
NTRS	A	-0.31%
ULTA	F	-0.31%
DG	F	-0.31%
APTV	D	-0.31%
BLDR	D	-0.31%
OKE	A	-0.31%
CEG	D	-0.3%
CHTR	C	-0.3%
GRMN	B	-0.3%
NOW	A	-0.29%
ALNY	D	-0.29%
RF	A	-0.29%
AKAM	D	-0.29%
BAH	F	-0.29%
ACGL	D	-0.29%
LUV	C	-0.28%
PKG	A	-0.28%
USB	A	-0.28%
TRV	B	-0.28%
FSLR	F	-0.27%
PCG	A	-0.27%
TDY	B	-0.27%
JBHT	C	-0.27%
TTD	B	-0.27%
WELL	A	-0.27%
CASY	A	-0.27%
BSX	B	-0.27%
HLT	A	-0.27%
ISRG	A	-0.27%
CSX	B	-0.26%
TJX	A	-0.26%
LNT	A	-0.26%
TYL	B	-0.26%
WEC	A	-0.26%
DE	A	-0.25%
CMS	C	-0.25%
SPGI	C	-0.25%
ICE	C	-0.25%
SHW	A	-0.25%
SSNC	B	-0.25%
MCO	B	-0.25%
D	C	-0.25%
HRL	D	-0.24%
PPG	F	-0.24%
GPC	D	-0.23%
RJF	A	-0.23%
VLTO	D	-0.23%
CARR	D	-0.23%
HUM	C	-0.22%
APO	B	-0.22%
TDG	D	-0.22%
KHC	F	-0.22%
STX	D	-0.22%
DOW	F	-0.21%
BIIB	F	-0.21%
KDP	D	-0.21%
EFX	F	-0.21%
CPAY	A	-0.2%
DIS	B	-0.2%
NDAQ	A	-0.19%
APD	A	-0.19%
DECK	A	-0.19%
PNC	B	-0.19%
MSTR	C	-0.19%
KEY	B	-0.19%
IR	B	-0.18%
HUBB	B	-0.18%
AJG	B	-0.18%
BR	A	-0.18%
IEX	B	-0.18%
RGA	A	-0.18%
WSO	A	-0.18%
J	F	-0.18%
WRB	A	-0.18%
NWSA	B	-0.18%
ETN	A	-0.18%
KIM	A	-0.18%
TSN	B	-0.18%
PYPL	B	-0.18%
LVS	C	-0.17%
FNF	B	-0.17%
DRI	B	-0.17%
PFG	D	-0.17%
LHX	C	-0.17%
DD	D	-0.16%
UBER	D	-0.16%
AWK	D	-0.16%
ROST	C	-0.16%
FE	C	-0.16%
FTV	C	-0.16%
GD	F	-0.16%
TSCO	D	-0.16%
KEYS	A	-0.16%
ECL	D	-0.16%
CTVA	C	-0.16%
SYY	B	-0.16%
MDT	D	-0.16%
KO	D	-0.15%
MDLZ	F	-0.15%
ARE	D	-0.15%
HSY	F	-0.15%
CPB	D	-0.15%
O	D	-0.15%
XYL	D	-0.15%
DOC	D	-0.15%
COIN	C	-0.15%
EXR	D	-0.15%
WLK	D	-0.14%
NKE	D	-0.14%
MOH	F	-0.14%
AMT	D	-0.14%
WMB	A	-0.11%
MPWR	F	-0.11%
RPM	A	-0.1%
PANW	C	-0.1%
MAR	B	-0.1%
CBOE	B	-0.09%
MSCI	C	-0.09%
CMG	B	-0.09%
WST	C	-0.09%
EQIX	A	-0.09%
SBUX	A	-0.09%
CLX	B	-0.09%
RSG	A	-0.09%
HPQ	B	-0.09%
DOV	A	-0.09%
NSC	B	-0.09%
MA	C	-0.09%
ORLY	B	-0.09%
APH	A	-0.09%
ARES	A	-0.09%
ODFL	B	-0.09%
JCI	C	-0.09%
MKL	A	-0.09%
ADSK	A	-0.09%
AON	A	-0.09%
BLK	C	-0.09%
RIVN	F	-0.08%
AVY	D	-0.08%
ZTS	D	-0.08%
MKC	D	-0.08%
SBAC	D	-0.08%
NOC	D	-0.08%
BDX	F	-0.08%
PEP	F	-0.08%
MU	D	-0.08%
MCD	D	-0.08%
VICI	C	-0.08%
POOL	C	-0.08%
GLPI	C	-0.08%
NDSN	B	-0.08%
OTIS	C	-0.08%
WAT	B	-0.08%
ROL	B	-0.08%
MMC	B	-0.08%
VRTX	F	-0.08%
IQV	D	-0.07%
TMO	F	-0.07%
CAG	D	-0.07%
RVTY	F	-0.07%
BLD	D	-0.07%
FCX	D	-0.07%
CCI	D	-0.07%