QLV vs. FTC ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index) (FTC)

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

$66.20

Average Daily Volume

3,360

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

FTC

First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index)

FTC 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 Growth 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) Growth 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

$130.13

Average Daily Volume

29,794

Number of Holdings ^*

185

* may have additional holdings in another (foreign) market

Performance

Period	QLV	FTC
30 Days	1.15%	2.29%
60 Days	5.13%	10.14%
90 Days	6.01%	5.77%
12 Months	31.17%	35.18%

32 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in FTC	Overlap
AAPL	C	5.16%	0.36%	0.36%
ADI	C	0.17%	0.34%	0.17%
ADP	A	0.85%	0.39%	0.39%
AMGN	D	0.79%	0.7%	0.7%
AMZN	C	2.28%	0.66%	0.66%
AVGO	C	0.42%	0.72%	0.42%
AZO	D	0.58%	0.53%	0.53%
BAH	A	0.52%	0.89%	0.52%
DLR	C	0.6%	0.52%	0.52%
EA	D	0.2%	0.35%	0.2%
GOOGL	C	0.82%	0.76%	0.76%
IBM	C	1.9%	0.43%	0.43%
JPM	D	0.19%	0.88%	0.19%
LIN	B	0.2%	0.18%	0.18%
LLY	D	2.8%	0.82%	0.82%
META	A	1.26%	0.95%	0.95%
MMC	D	0.05%	0.52%	0.05%
MSFT	C	8.0%	0.47%	0.47%
NBIX	F	0.41%	0.14%	0.14%
NVDA	C	4.72%	0.83%	0.83%
PEP	D	1.58%	0.17%	0.17%
PG	C	3.31%	0.35%	0.35%
PM	B	0.2%	0.59%	0.2%
ROP	C	0.13%	0.33%	0.13%
RSG	D	0.56%	0.69%	0.56%
SO	A	0.7%	0.39%	0.39%
TMUS	A	0.98%	0.57%	0.57%
TXN	C	0.89%	0.18%	0.18%
TYL	C	0.77%	0.57%	0.57%
V	C	2.0%	0.17%	0.17%
VRSK	D	0.37%	0.33%	0.33%
WM	D	0.63%	0.47%	0.47%

QLV Overweight 82 Positions Relative to FTC

Symbol	Grade	Weight
MRK	F	2.65%
MCD	A	2.02%
JNJ	C	1.8%
VZ	A	1.74%
T	A	1.43%
LMT	A	1.15%
ABBV	A	1.1%
XOM	B	1.08%
GILD	A	1.01%
ABT	C	0.91%
DUK	B	0.91%
CME	A	0.9%
PSA	C	0.9%
ED	A	0.84%
GIS	B	0.83%
WEC	A	0.82%
WTW	A	0.81%
RGLD	C	0.81%
ATR	A	0.81%
CHE	B	0.8%
CHKP	C	0.8%
DOX	B	0.78%
AIZ	A	0.78%
K	B	0.77%
QLYS	F	0.76%
LSTR	D	0.74%
WDFC	C	0.74%
CB	A	0.73%
QGEN	D	0.72%
STNG	D	0.72%
SMMT	D	0.72%
AVY	B	0.71%
REGN	D	0.63%
GD	A	0.63%
NOC	B	0.63%
EQIX	B	0.61%
TRV	C	0.61%
ALL	C	0.6%
CTVA	B	0.59%
ZM	B	0.59%
BRK.A	C	0.58%
XEL	A	0.58%
GOOG	C	0.57%
PKG	A	0.56%
AEP	B	0.56%
WCN	D	0.56%
AEE	A	0.55%
CMS	A	0.55%
JKHY	A	0.54%
CINF	A	0.54%
SON	D	0.53%
TTEK	B	0.53%
DTM	A	0.52%
TSCO	A	0.52%
SIGI	D	0.51%
WRB	B	0.51%
ADC	B	0.51%
PNW	A	0.51%
HSY	D	0.5%
FLO	C	0.5%
SCI	C	0.5%
MKL	B	0.5%
CALM	A	0.5%
CTRA	D	0.49%
HII	D	0.49%
CHRW	A	0.48%
HRL	F	0.42%
BMRN	F	0.39%
NFG	A	0.36%
CRUS	D	0.32%
SLGN	A	0.32%
DDS	D	0.28%
BMI	A	0.27%
MCK	F	0.27%
SQSP	A	0.24%
ALKS	C	0.18%
CAG	B	0.16%
NCNO	D	0.1%
L	D	0.1%
CWAN	C	0.08%
UNH	B	0.07%
EXPD	B	0.03%

QLV Underweight 153 Positions Relative to FTC

Symbol	Grade	Weight
VST	A	-1.15%
IRM	B	-1.1%
HWM	A	-1.08%
CEG	B	-1.08%
KKR	C	-1.06%
BK	C	-1.01%
ERIE	A	-1.0%
HEI	C	-0.98%
GE	C	-0.98%
TT	A	-0.98%
PWR	B	-0.98%
WAB	A	-0.97%
VRT	B	-0.96%
LII	C	-0.95%
RCL	C	-0.94%
GDDY	D	-0.94%
FCNCA	D	-0.92%
MMM	B	-0.91%
ANET	B	-0.91%
APO	A	-0.9%
TJX	C	-0.9%
GRMN	D	-0.9%
BKNG	C	-0.9%
HLT	B	-0.9%
STX	B	-0.89%
COST	C	-0.88%
FICO	C	-0.87%
URI	B	-0.85%
DECK	C	-0.83%
ORCL	C	-0.81%
CAT	A	-0.79%
NTAP	D	-0.79%
MSI	A	-0.78%
CMG	C	-0.77%
BRO	A	-0.77%
CSL	A	-0.74%
TDG	A	-0.74%
ISRG	C	-0.73%
AJG	D	-0.73%
IR	B	-0.73%
BSX	A	-0.73%
DAL	B	-0.73%
PLTR	C	-0.72%
CL	D	-0.72%
ECL	A	-0.72%
NTRS	C	-0.72%
MAR	B	-0.71%
ETN	C	-0.71%
NFLX	C	-0.71%
NTNX	D	-0.71%
LPLA	D	-0.7%
UBER	C	-0.7%
ROST	C	-0.7%
VRTX	D	-0.67%
CCL	C	-0.67%
PANW	D	-0.67%
PSTG	F	-0.65%
APH	D	-0.65%
KLAC	D	-0.64%
PHM	A	-0.64%
CRWD	D	-0.63%
PH	B	-0.62%
AMAT	D	-0.59%
ARES	B	-0.58%
EXPE	B	-0.58%
CTAS	C	-0.57%
LYV	A	-0.57%
FSLR	C	-0.56%
MANH	C	-0.56%
DPZ	D	-0.56%
NOW	C	-0.55%
MCO	C	-0.55%
MPWR	C	-0.55%
WSO	B	-0.53%
BR	B	-0.53%
ORLY	A	-0.53%
OTIS	A	-0.53%
WMB	A	-0.52%
LRCX	F	-0.52%
PINS	D	-0.5%
ROL	B	-0.5%
XYL	B	-0.49%
PCAR	D	-0.47%
INTU	F	-0.46%
NXPI	F	-0.45%
AXON	A	-0.45%
CDNS	D	-0.44%
MGM	D	-0.44%
RIVN	F	-0.43%
NVR	A	-0.43%
DDOG	D	-0.43%
SNPS	F	-0.42%
WELL	B	-0.41%
HUBB	A	-0.4%
PPL	A	-0.4%
FI	A	-0.4%
GWW	A	-0.39%
PODD	C	-0.39%
TTD	C	-0.38%
MO	B	-0.38%
KO	B	-0.38%
ALNY	B	-0.38%
IT	C	-0.38%
AVB	C	-0.37%
STE	D	-0.37%
MTD	B	-0.36%
DKNG	D	-0.36%
SYK	C	-0.36%
CRM	C	-0.36%
ESS	C	-0.36%
MLM	D	-0.34%
CHD	B	-0.34%
AMD	D	-0.34%
HON	B	-0.33%
INVH	D	-0.33%
SNAP	D	-0.32%
ADBE	F	-0.31%
ZS	F	-0.3%
OKTA	F	-0.27%
SMCI	F	-0.25%
TRU	C	-0.23%
MAS	A	-0.21%
SHW	B	-0.21%
DASH	B	-0.21%
RMD	C	-0.2%
RPM	C	-0.19%
SPGI	C	-0.19%
LVS	B	-0.19%
HD	A	-0.19%
CPAY	A	-0.19%
AON	A	-0.19%
ADSK	C	-0.18%
DRI	C	-0.18%
SPG	A	-0.18%
MA	A	-0.18%
PAYX	A	-0.18%
VMC	D	-0.17%
HST	D	-0.17%
MRVL	C	-0.17%
AMH	D	-0.17%
AME	D	-0.17%
CPRT	B	-0.16%
ROK	D	-0.16%
TTWO	F	-0.16%
NET	D	-0.16%
PTC	D	-0.16%
STZ	B	-0.16%
SLB	F	-0.15%
HUBS	D	-0.15%
ENTG	D	-0.14%
BA	F	-0.14%
LW	D	-0.13%
EW	F	-0.12%