QLV vs. DFLV ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Dimensional US Large Cap Value ETF (DFLV)

QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$67.18

Average Daily Volume

8,212

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

DFLV

Dimensional US Large Cap Value ETF

DFLV Description

To achieve the U.S. Large Cap Value ETF"s investment objective, the Advisor implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in securities of large cap U.S. companies.

Grade (RS Rating)

Last Trade

$32.10

Average Daily Volume

320,977

Number of Holdings ^*

329

* may have additional holdings in another (foreign) market

Performance

Period	QLV	DFLV
30 Days	0.13%	2.03%
60 Days	1.47%	7.58%
90 Days	4.85%	8.45%
12 Months	26.56%	30.78%

37 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in DFLV	Overlap
ABT	C	0.95%	0.86%	0.86%
ADI	F	0.16%	0.69%	0.16%
ALL	A	0.59%	0.15%	0.15%
BMRN	F	0.37%	0.03%	0.03%
BRK.A	B	0.57%	2.13%	0.57%
CAG	F	0.14%	0.06%	0.06%
CB	C	0.7%	0.58%	0.58%
CINF	A	0.56%	0.06%	0.06%
CME	A	0.93%	0.04%	0.04%
CTRA	B	0.49%	0.18%	0.18%
CTVA	C	0.62%	0.2%	0.2%
DOX	C	0.79%	0.35%	0.35%
EA	A	0.22%	0.36%	0.22%
GD	A	0.62%	0.5%	0.5%
GILD	C	1.1%	0.76%	0.76%
GIS	F	0.77%	0.5%	0.5%
HII	D	0.36%	0.02%	0.02%
HRL	F	0.41%	0.06%	0.06%
JNJ	D	1.77%	1.12%	1.12%
JPM	B	0.2%	5.23%	0.2%
L	A	0.1%	0.3%	0.1%
LIN	D	0.19%	0.57%	0.19%
MKL	A	0.5%	0.11%	0.11%
NOC	C	0.62%	0.32%	0.32%
PKG	B	0.61%	0.25%	0.25%
REGN	F	0.5%	0.43%	0.43%
ROP	A	0.13%	0.1%	0.1%
RSG	A	0.56%	0.13%	0.13%
T	A	1.46%	1.26%	1.26%
TMUS	A	1.1%	0.89%	0.89%
TRV	B	0.64%	0.61%	0.61%
UNH	B	0.07%	1.05%	0.07%
VZ	C	1.61%	1.36%	1.36%
WRB	B	0.53%	0.12%	0.12%
WTW	A	0.86%	0.15%	0.15%
XOM	B	1.14%	4.14%	1.14%
ZM	B	0.67%	0.06%	0.06%

QLV Overweight 77 Positions Relative to DFLV

Symbol	Grade	Weight
MSFT	C	7.65%
NVDA	B	5.34%
AAPL	C	5.07%
PG	C	3.17%
LLY	F	2.49%
MRK	F	2.39%
AMZN	A	2.38%
V	A	2.17%
MCD	C	1.98%
IBM	C	1.77%
PEP	D	1.56%
META	B	1.27%
ABBV	D	1.16%
LMT	C	1.09%
ADP	A	0.9%
DUK	D	0.9%
ATR	A	0.88%
PSA	C	0.87%
TXN	C	0.86%
GOOGL	B	0.85%
WEC	B	0.84%
RGLD	C	0.83%
TYL	B	0.81%
ED	D	0.81%
WDFC	B	0.8%
AMGN	F	0.79%
K	A	0.78%
QLYS	B	0.77%
AIZ	A	0.76%
LSTR	B	0.72%
CHE	D	0.71%
QGEN	D	0.7%
SO	D	0.7%
CHKP	D	0.7%
WM	A	0.67%
DLR	C	0.67%
AVY	F	0.66%
SMMT	D	0.65%
EQIX	B	0.64%
BAH	C	0.61%
XEL	A	0.61%
DTM	B	0.61%
CALM	B	0.61%
GOOG	B	0.6%
TTEK	C	0.58%
STNG	F	0.58%
JKHY	C	0.57%
AZO	C	0.56%
AEE	A	0.56%
AEP	D	0.56%
WCN	A	0.56%
CMS	C	0.54%
SCI	B	0.53%
ADC	A	0.51%
SIGI	B	0.51%
TSCO	C	0.5%
PNW	B	0.5%
SON	D	0.49%
FLO	F	0.48%
HSY	D	0.47%
CHRW	A	0.47%
NBIX	C	0.43%
AVGO	C	0.41%
VRSK	A	0.39%
NFG	C	0.37%
SLGN	A	0.33%
MCK	A	0.3%
CRUS	F	0.27%
DDS	C	0.27%
BMI	B	0.26%
PM	C	0.22%
ALKS	B	0.19%
COR	A	0.19%
NCNO	B	0.12%
CWAN	B	0.08%
MMC	C	0.05%
EXPD	D	0.03%

QLV Underweight 292 Positions Relative to DFLV

Symbol	Grade	Weight
CVX	B	-2.04%
CSCO	A	-1.71%
CMCSA	B	-1.57%
WFC	A	-1.47%
CRM	B	-1.29%
COP	C	-1.25%
GS	B	-1.17%
BAC	A	-0.99%
MS	A	-0.99%
GM	A	-0.85%
ELV	F	-0.83%
PCAR	B	-0.82%
NUE	C	-0.79%
RTX	C	-0.76%
GLW	C	-0.76%
TMO	F	-0.74%
DHR	F	-0.74%
CMI	A	-0.72%
DOW	F	-0.71%
BK	B	-0.71%
CI	D	-0.7%
DFS	B	-0.69%
MDT	D	-0.68%
KR	A	-0.66%
STLD	B	-0.64%
HIG	C	-0.63%
MDLZ	F	-0.62%
VLO	D	-0.62%
CTSH	A	-0.62%
DE	D	-0.62%
NSC	B	-0.6%
BKR	B	-0.58%
URI	B	-0.58%
FANG	D	-0.58%
FDX	B	-0.57%
PRU	B	-0.57%
JCI	A	-0.56%
MLM	B	-0.54%
AIG	B	-0.54%
AMD	F	-0.54%
DAL	A	-0.53%
F	C	-0.52%
IR	A	-0.52%
VMC	B	-0.51%
RF	B	-0.5%
PSX	D	-0.49%
PHM	D	-0.49%
COF	B	-0.49%
CBRE	A	-0.48%
MPC	D	-0.48%
BDX	D	-0.47%
FCX	F	-0.47%
LEN	D	-0.47%
LYB	F	-0.46%
EOG	A	-0.46%
GRMN	A	-0.46%
APD	B	-0.45%
EBAY	C	-0.45%
ETN	A	-0.44%
DIS	B	-0.43%
LH	A	-0.43%
GEHC	F	-0.43%
RJF	A	-0.41%
TXT	C	-0.41%
AME	A	-0.41%
TSN	C	-0.4%
C	A	-0.4%
ACGL	D	-0.4%
MET	C	-0.39%
BMY	B	-0.39%
CVS	F	-0.39%
FIS	B	-0.39%
FITB	A	-0.39%
FI	A	-0.38%
DHI	F	-0.38%
STZ	D	-0.38%
MU	D	-0.37%
KVUE	B	-0.37%
KMI	B	-0.36%
CSX	B	-0.36%
DOV	A	-0.35%
PPG	F	-0.35%
TGT	C	-0.35%
UAL	B	-0.35%
LHX	A	-0.34%
PFE	F	-0.34%
EG	D	-0.34%
HPE	B	-0.34%
INTC	C	-0.33%
NEM	F	-0.32%
WMB	B	-0.3%
OKE	A	-0.3%
CNC	F	-0.29%
DVN	F	-0.29%
KDP	D	-0.29%
WAB	A	-0.29%
OC	A	-0.29%
HPQ	B	-0.28%
PWR	B	-0.28%
CARR	C	-0.28%
USB	A	-0.27%
BLDR	D	-0.27%
EMR	A	-0.27%
PNR	A	-0.26%
AFL	C	-0.26%
ON	F	-0.26%
PH	A	-0.25%
ZBH	C	-0.25%
PNC	B	-0.25%
HAL	C	-0.25%
PYPL	A	-0.24%
DGX	A	-0.24%
MTB	B	-0.23%
SNA	A	-0.23%
TROW	B	-0.22%
KEYS	C	-0.22%
LDOS	B	-0.22%
SYF	B	-0.22%
RS	B	-0.21%
BALL	D	-0.2%
DD	D	-0.2%
FCNCA	B	-0.2%
MRVL	B	-0.2%
UHS	D	-0.2%
SQ	B	-0.19%
STE	F	-0.19%
OTIS	C	-0.19%
USFD	A	-0.19%
TTWO	A	-0.19%
FSLR	F	-0.19%
STT	B	-0.18%
CF	B	-0.18%
KHC	F	-0.17%
SSNC	C	-0.17%
PFG	C	-0.17%
AKAM	F	-0.17%
FTV	D	-0.17%
NRG	B	-0.17%
CSL	B	-0.17%
OXY	D	-0.15%
EMN	D	-0.15%
GPC	D	-0.15%
HOLX	D	-0.15%
OMC	B	-0.15%
GPN	B	-0.15%
IP	C	-0.15%
UTHR	B	-0.15%
TFC	B	-0.14%
TOL	C	-0.14%
EW	D	-0.14%
XYL	D	-0.14%
BIIB	F	-0.14%
BG	D	-0.13%
MOH	F	-0.13%
WDC	D	-0.13%
CPB	F	-0.13%
AMCR	D	-0.13%
SWKS	F	-0.12%
FOXA	A	-0.12%
SJM	F	-0.12%
HBAN	B	-0.12%
ZBRA	A	-0.12%
TRU	D	-0.11%
J	B	-0.11%
JBHT	B	-0.11%
HUM	D	-0.11%
LUV	B	-0.11%
FLEX	B	-0.11%
DLTR	F	-0.11%
BWA	B	-0.1%
NTRS	A	-0.1%
APTV	D	-0.09%
PFGC	B	-0.09%
CASY	B	-0.09%
ADM	F	-0.09%
MRO	B	-0.09%
AVTR	F	-0.09%
THC	B	-0.09%
JNPR	D	-0.09%
CRBG	C	-0.09%
TDY	A	-0.09%
OVV	C	-0.08%
CRL	C	-0.08%
CE	F	-0.08%
UHAL	C	-0.08%
IFF	F	-0.08%
GL	B	-0.07%
JLL	C	-0.07%
ACI	C	-0.07%
FNF	C	-0.07%
TRMB	B	-0.07%
HES	C	-0.07%
NWSA	B	-0.07%
LKQ	D	-0.07%
KEY	B	-0.07%
SW	C	-0.07%
FOX	A	-0.06%
BAX	F	-0.06%
MRNA	F	-0.06%
VTRS	B	-0.06%
SLB	C	-0.06%
EQT	B	-0.06%
IPG	F	-0.06%
SWK	F	-0.05%
IEX	B	-0.05%
MKC	D	-0.05%
FFIV	A	-0.05%
CSGP	D	-0.05%
NDSN	B	-0.04%
DAR	B	-0.04%
RNR	D	-0.04%
SMCI	F	-0.04%
ENTG	D	-0.04%
ALLY	C	-0.04%
CCL	A	-0.04%
WLK	F	-0.04%
CLH	B	-0.04%
SCHW	A	-0.04%
JBL	C	-0.04%
WBD	B	-0.04%
CFG	B	-0.04%
ARMK	B	-0.03%
TAP	B	-0.03%
TFX	F	-0.03%
CHTR	B	-0.03%
DINO	D	-0.03%
GFS	C	-0.03%
EWBC	B	-0.03%
ICLR	F	-0.03%
DG	F	-0.03%
RGA	A	-0.03%
ICE	D	-0.02%
SOLV	D	-0.02%
RVTY	C	-0.02%
Z	B	-0.02%
HSIC	F	-0.02%
NWS	B	-0.02%
CHD	B	-0.02%
EPAM	B	-0.02%
PR	C	-0.02%
OKTA	C	-0.02%
FBIN	F	-0.02%
DKS	F	-0.02%
BLD	F	-0.02%
CCK	D	-0.02%
AFG	A	-0.01%
GGG	B	-0.01%
MOS	D	-0.01%
IVZ	C	-0.01%
WBA	D	-0.01%
LEA	F	-0.01%
WBS	A	-0.01%
SIRI	D	-0.01%
SNX	C	-0.01%
FTRE	D	-0.01%
H	B	-0.01%
ILMN	C	-0.01%
BBY	D	-0.01%
MHK	D	-0.01%
BSX	A	-0.01%
AR	B	-0.01%
PAG	B	-0.01%
INCY	B	-0.01%
KNX	B	-0.01%
QRVO	F	-0.01%
NVT	B	-0.01%
KMX	C	-0.01%
ZG	B	-0.0%
HOOD	B	-0.0%
LEN	D	-0.0%
CNA	C	-0.0%
ST	F	-0.0%
ALGN	F	-0.0%
GNTX	C	-0.0%
ARW	F	-0.0%
GXO	B	-0.0%
MTDR	C	-0.0%
CW	B	-0.0%
MNST	B	-0.0%
HAS	D	-0.0%
COTY	F	-0.0%
NDAQ	A	-0.0%
TPR	B	-0.0%
CG	C	-0.0%
ALV	C	-0.0%
IQV	F	-0.0%
ACM	B	-0.0%
CNH	D	-0.0%
CZR	F	-0.0%
UNM	A	-0.0%
TWLO	A	-0.0%
UHAL	C	-0.0%