QLC vs. QDEF ETF Comparison

Comparison of FlexShares US Quality Large Cap Index Fund (QLC) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

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

$66.51

Average Daily Volume

42,357

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

QDEF

FlexShares Quality Dividend Defensive Index Fund

QDEF 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 Defensive 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 that is lower than that of the Northern Trust 1250 IndexSM. It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$71.35

Average Daily Volume

6,699

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	QLC	QDEF
30 Days	0.63%	-1.55%
60 Days	4.94%	1.19%
90 Days	6.13%	4.19%
12 Months	33.87%	28.75%

59 Overlapping Holdings

Symbol	Grade	Weight in QLC	Weight in QDEF	Overlap
AAPL	C	7.42%	5.95%	5.95%
ABBV	F	0.22%	3.02%	0.22%
ADP	B	0.05%	1.12%	0.05%
AFL	C	0.59%	0.59%	0.59%
AVB	A	0.55%	0.18%	0.18%
AVGO	C	1.84%	0.94%	0.94%
BAC	A	1.42%	0.02%	0.02%
BK	A	0.65%	0.66%	0.65%
BMY	B	0.41%	0.41%	0.41%
CAH	B	0.21%	0.17%	0.17%
CI	D	0.74%	0.81%	0.74%
COR	B	0.57%	0.57%	0.57%
CSCO	B	1.24%	0.6%	0.6%
CSL	B	0.35%	0.52%	0.35%
DELL	C	0.32%	0.46%	0.32%
EA	A	0.27%	0.57%	0.27%
EBAY	D	0.47%	0.39%	0.39%
ED	D	0.5%	0.5%	0.5%
EME	B	0.12%	0.65%	0.12%
EQR	C	0.43%	0.52%	0.43%
ESS	A	0.52%	0.53%	0.52%
EVRG	A	0.03%	0.39%	0.03%
EXC	C	0.36%	0.38%	0.36%
EXPD	D	0.38%	0.41%	0.38%
FIS	B	0.34%	0.59%	0.34%
GILD	B	0.17%	1.07%	0.17%
GIS	D	0.35%	0.45%	0.35%
GOOG	B	2.86%	1.1%	1.1%
GOOGL	B	2.89%	1.36%	1.36%
HD	A	0.65%	3.03%	0.65%
INTU	A	1.05%	1.24%	1.05%
ITW	B	0.75%	0.73%	0.73%
JNJ	D	1.47%	2.96%	1.47%
JPM	A	1.99%	0.7%	0.7%
KLAC	F	0.7%	0.83%	0.7%
KMB	C	0.42%	0.51%	0.42%
LDOS	C	0.66%	0.66%	0.66%
LMT	D	0.6%	1.08%	0.6%
LOW	A	0.45%	0.46%	0.45%
MAA	A	0.02%	0.53%	0.02%
MAS	D	0.24%	0.24%	0.24%
MCK	A	0.76%	0.71%	0.71%
MET	A	0.52%	0.51%	0.51%
META	C	2.43%	2.78%	2.43%
MMM	D	0.25%	0.66%	0.25%
MO	A	0.28%	0.83%	0.28%
MRK	F	0.92%	2.32%	0.92%
MSFT	D	4.67%	4.85%	4.67%
NVDA	B	6.66%	5.95%	5.95%
PAYX	B	0.16%	0.64%	0.16%
PEG	C	0.57%	0.25%	0.25%
PG	C	1.23%	2.8%	1.23%
PM	A	0.52%	1.61%	0.52%
PPL	A	0.54%	0.54%	0.54%
PSA	C	0.48%	0.6%	0.48%
QCOM	F	0.69%	1.7%	0.69%
RMD	C	0.4%	0.58%	0.4%
T	A	0.75%	0.76%	0.75%
WSM	F	0.13%	0.4%	0.13%

QLC Overweight 105 Positions Relative to QDEF

Symbol	Grade	Weight
AMZN	B	2.36%
BRK.A	A	2.27%
LLY	F	1.24%
C	A	1.23%
ORCL	A	1.13%
GE	D	0.98%
CAT	B	0.95%
SO	C	0.83%
ADBE	F	0.79%
CMCSA	B	0.78%
LRCX	F	0.78%
AMAT	F	0.74%
TSLA	B	0.72%
COF	A	0.71%
FICO	A	0.69%
ACN	C	0.67%
NFLX	A	0.66%
GS	A	0.66%
MS	A	0.65%
GWW	A	0.64%
ETR	A	0.64%
CBRE	B	0.64%
BKNG	A	0.64%
SPG	A	0.62%
AMGN	D	0.61%
NVR	D	0.55%
AZO	C	0.55%
SYF	A	0.54%
MPC	D	0.52%
ADI	D	0.51%
VLO	C	0.51%
APP	A	0.51%
AIG	B	0.5%
STLD	B	0.49%
FTNT	A	0.48%
NRG	B	0.48%
KR	B	0.47%
CHKP	D	0.46%
HST	D	0.45%
STT	A	0.43%
WY	D	0.43%
OMC	C	0.41%
NUE	D	0.41%
WFC	A	0.41%
RCL	A	0.39%
MELI	D	0.37%
UPS	C	0.36%
CTSH	B	0.35%
DVA	C	0.35%
ALLY	C	0.34%
MTD	F	0.34%
LH	B	0.33%
CL	D	0.32%
CNC	F	0.3%
PCAR	B	0.3%
CMI	A	0.29%
JBL	C	0.28%
WAB	B	0.28%
PRU	A	0.27%
FITB	A	0.26%
TAP	A	0.26%
MCHP	F	0.25%
DASH	B	0.24%
PHM	D	0.23%
OXY	F	0.21%
EIX	C	0.21%
ABNB	C	0.21%
HOOD	A	0.2%
HOLX	D	0.2%
HCA	D	0.19%
IT	B	0.19%
NTAP	D	0.18%
DFS	A	0.18%
BBY	C	0.18%
IDXX	F	0.18%
PSX	C	0.18%
FI	A	0.17%
UTHR	B	0.15%
THC	C	0.15%
ICLR	F	0.15%
ABT	B	0.13%
MANH	D	0.12%
ELV	F	0.12%
LYB	F	0.11%
CRBG	B	0.09%
LEN	D	0.09%
FLEX	B	0.08%
GEHC	D	0.08%
CE	F	0.08%
AOS	F	0.08%
REGN	F	0.07%
ZM	B	0.06%
TGT	D	0.06%
EXPE	A	0.05%
CRM	A	0.04%
DHR	D	0.04%
SYK	A	0.04%
SMCI	F	0.03%
JLL	C	0.03%
ROP	C	0.03%
ADM	D	0.02%
TXT	D	0.02%
MEDP	D	0.02%
EMR	A	0.02%
LAMR	D	0.02%

QLC Underweight 64 Positions Relative to QDEF

Symbol	Grade	Weight
IBM	D	-1.71%
TMUS	A	-1.11%
TJX	A	-0.96%
SBUX	A	-0.95%
AMT	D	-0.84%
DUK	C	-0.78%
MSI	A	-0.75%
CME	A	-0.71%
KO	D	-0.66%
VZ	C	-0.63%
UNM	A	-0.62%
BWXT	A	-0.61%
CFR	A	-0.6%
UMBF	A	-0.6%
CSWI	B	-0.58%
FAST	B	-0.58%
GEN	B	-0.57%
WTW	B	-0.57%
VRSK	B	-0.56%
D	C	-0.56%
AIZ	A	-0.55%
VIRT	A	-0.54%
OHI	C	-0.54%
WDFC	A	-0.53%
PNW	A	-0.52%
K	B	-0.52%
ORI	A	-0.52%
CPT	D	-0.51%
DOX	D	-0.51%
IRDM	C	-0.51%
OTIS	D	-0.5%
XOM	B	-0.49%
LSTR	D	-0.49%
OMF	A	-0.49%
NSA	C	-0.48%
OGE	A	-0.48%
SAIC	D	-0.48%
AVY	D	-0.48%
BPOP	C	-0.47%
VRT	A	-0.46%
IPG	F	-0.46%
RDN	C	-0.46%
HRB	D	-0.45%
DPZ	C	-0.43%
WU	F	-0.43%
SWKS	F	-0.41%
CUBE	C	-0.4%
MSM	C	-0.38%
CHE	D	-0.38%
BSY	D	-0.37%
V	A	-0.37%
STNG	F	-0.35%
NEP	F	-0.33%
STWD	D	-0.31%
WEC	A	-0.28%
COST	B	-0.24%
MA	A	-0.23%
NNN	D	-0.21%
SCCO	F	-0.17%
BAH	D	-0.14%
WMT	A	-0.12%
ROL	A	-0.12%
ZTS	D	-0.11%
DDS	B	-0.11%