QLC vs. QUAL ETF Comparison

Comparison of FlexShares US Quality Large Cap Index Fund (QLC) to iShares MSCI USA Quality Factor ETF (QUAL)

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

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.75

Average Daily Volume

893,947

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	QLC	QUAL
30 Days	3.14%	1.61%
60 Days	4.71%	2.39%
90 Days	6.03%	3.34%
12 Months	34.37%	30.86%

45 Overlapping Holdings

Symbol	Grade	Weight in QLC	Weight in QUAL	Overlap
AAPL	C	7.51%	5.44%	5.44%
ACN	C	0.68%	1.67%	0.68%
ADBE	C	0.82%	1.76%	0.82%
ADP	B	0.05%	1.75%	0.05%
AFL	B	0.62%	0.42%	0.42%
AMAT	F	0.66%	1.17%	0.66%
AOS	F	0.08%	0.06%	0.06%
AVB	B	0.55%	0.24%	0.24%
BBY	D	0.19%	0.29%	0.19%
CAT	B	0.95%	1.4%	0.95%
CBRE	B	0.63%	0.35%	0.35%
CSCO	B	1.25%	1.74%	1.25%
EA	A	0.28%	0.2%	0.2%
ED	D	0.51%	0.5%	0.5%
EME	C	0.12%	0.17%	0.12%
EQR	B	0.44%	0.18%	0.18%
EXPD	D	0.38%	0.12%	0.12%
GOOG	C	2.82%	1.55%	1.55%
GOOGL	C	2.85%	1.77%	1.77%
GWW	B	0.64%	0.59%	0.59%
IDXX	F	0.18%	0.3%	0.18%
ITW	B	0.77%	0.73%	0.73%
JNJ	D	1.48%	2.15%	1.48%
KLAC	D	0.64%	0.77%	0.64%
LLY	F	1.14%	3.42%	1.14%
LMT	D	0.58%	1.08%	0.58%
LRCX	F	0.72%	0.73%	0.72%
MANH	D	0.11%	0.2%	0.11%
META	D	2.34%	4.09%	2.34%
MMM	D	0.25%	0.5%	0.25%
MSFT	F	4.69%	4.5%	4.5%
NFLX	A	0.69%	1.76%	0.69%
NTAP	C	0.17%	0.21%	0.17%
NVDA	C	6.54%	6.93%	6.54%
NVR	D	0.54%	0.52%	0.52%
OMC	C	0.39%	0.1%	0.1%
PAYX	C	0.16%	0.49%	0.16%
PEG	A	0.61%	0.69%	0.61%
PHM	D	0.23%	0.43%	0.23%
PSA	D	0.48%	0.55%	0.48%
QCOM	F	0.66%	1.15%	0.66%
RMD	C	0.38%	0.17%	0.17%
SMCI	F	0.02%	0.06%	0.02%
UTHR	C	0.13%	0.08%	0.08%
WSM	B	0.13%	0.29%	0.13%

QLC Overweight 119 Positions Relative to QUAL

Symbol	Grade	Weight
BRK.A	B	2.35%
AMZN	C	2.34%
JPM	A	2.1%
AVGO	D	1.69%
BAC	A	1.5%
PG	A	1.27%
C	A	1.25%
ORCL	B	1.12%
INTU	C	1.08%
GE	D	0.96%
MRK	F	0.88%
SO	D	0.84%
T	A	0.78%
CMCSA	B	0.78%
MCK	B	0.77%
CI	F	0.76%
TSLA	B	0.73%
COF	B	0.72%
MS	A	0.69%
BK	A	0.68%
GS	A	0.68%
FICO	B	0.68%
ETR	B	0.66%
BKNG	A	0.66%
HD	A	0.66%
SPG	B	0.64%
AZO	C	0.56%
PPL	B	0.56%
SYF	B	0.56%
COR	B	0.56%
AMGN	D	0.55%
MET	A	0.55%
MPC	D	0.54%
LDOS	C	0.54%
PM	B	0.54%
APP	B	0.53%
ESS	B	0.53%
VLO	C	0.53%
AIG	B	0.52%
FTNT	C	0.5%
STLD	B	0.47%
NRG	B	0.47%
ADI	D	0.47%
EBAY	D	0.47%
CHKP	D	0.46%
KR	B	0.46%
WFC	A	0.45%
LOW	D	0.45%
BMY	B	0.44%
STT	A	0.44%
HST	C	0.44%
WY	D	0.43%
KMB	D	0.43%
RCL	A	0.4%
DVA	B	0.39%
NUE	C	0.39%
MELI	D	0.38%
EXC	C	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%
CL	D	0.33%
ALLY	C	0.33%
CMI	A	0.31%
MTD	D	0.31%
PCAR	B	0.3%
CNC	D	0.29%
MO	A	0.29%
TAP	C	0.28%
WAB	B	0.28%
PRU	A	0.28%
FITB	A	0.27%
JBL	B	0.27%
MAS	D	0.24%
DASH	A	0.24%
ABNB	C	0.22%
MCHP	D	0.22%
OXY	D	0.21%
EIX	B	0.21%
HOOD	B	0.21%
CAH	B	0.21%
HOLX	D	0.2%
HCA	F	0.19%
ABBV	D	0.19%
IT	C	0.19%
PSX	C	0.19%
FI	A	0.18%
DFS	B	0.18%
GILD	C	0.15%
ICLR	D	0.14%
THC	D	0.14%
ABT	B	0.13%
ELV	F	0.12%
LYB	F	0.11%
CRBG	B	0.09%
LEN	D	0.09%
CE	F	0.07%
FLEX	A	0.07%
GEHC	F	0.07%
ZM	B	0.06%
REGN	F	0.06%
TGT	F	0.06%
SYK	C	0.05%
EXPE	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%
MAA	B	0.02%
ADM	D	0.02%
TXT	D	0.02%
LAMR	D	0.02%
EMR	A	0.02%

QLC Underweight 78 Positions Relative to QUAL

Symbol	Grade	Weight
V	A	-4.5%
MA	C	-4.22%
UNH	C	-2.81%
COST	B	-2.55%
TJX	A	-2.03%
COP	C	-1.73%
KO	D	-1.43%
NKE	D	-1.41%
TXN	C	-1.34%
CMG	B	-1.26%
LIN	D	-1.14%
PEP	F	-1.1%
BLK	C	-0.99%
SRE	A	-0.93%
SLB	C	-0.89%
MMC	B	-0.74%
ANET	C	-0.73%
PLD	D	-0.71%
DHI	D	-0.7%
LULU	C	-0.66%
VRTX	F	-0.62%
CTAS	B	-0.6%
CDNS	B	-0.58%
TPL	A	-0.58%
SHW	A	-0.57%
MCO	B	-0.53%
CME	A	-0.52%
SNPS	B	-0.51%
ZTS	D	-0.51%
APH	A	-0.5%
DECK	A	-0.49%
GRMN	B	-0.48%
TSCO	D	-0.43%
FAST	B	-0.42%
ATO	A	-0.4%
APD	A	-0.35%
ODFL	B	-0.34%
AMP	A	-0.33%
ULTA	F	-0.31%
FERG	B	-0.28%
ACGL	D	-0.26%
CSGP	D	-0.26%
EW	C	-0.24%
ROK	B	-0.22%
POOL	C	-0.22%
EQT	B	-0.22%
VLTO	D	-0.21%
MNST	C	-0.21%
A	D	-0.2%
APA	D	-0.19%
TROW	B	-0.19%
MPWR	F	-0.18%
LPLA	A	-0.17%
VEEV	C	-0.16%
PPG	F	-0.15%
HSY	F	-0.15%
KEYS	A	-0.15%
CBOE	B	-0.14%
WAT	B	-0.13%
ROL	B	-0.12%
WSO	A	-0.12%
WST	C	-0.12%
FDS	B	-0.12%
GGG	B	-0.11%
PKG	A	-0.1%
ERIE	D	-0.09%
RS	B	-0.09%
MOH	F	-0.09%
JKHY	D	-0.09%
AVY	D	-0.08%
PAYC	B	-0.08%
SEIC	B	-0.07%
MKTX	D	-0.07%
ENPH	F	-0.06%
AFG	A	-0.06%
SOLV	C	-0.05%
IPG	D	-0.05%
WBA	F	-0.03%