QLV vs. HIBL ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL)

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

$67.10

Average Daily Volume

10,246

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

HIBL

Direxion Daily S&P 500 High Beta Bull 3X Shares

HIBL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P 500Â® High Beta Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index provider selects 100 securities to include in the index from the S&P 500Â® Index that have the highest sensitivity to market movements, or beta over the past 12 months as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$48.37

Average Daily Volume

66,084

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QLV	HIBL
30 Days	-0.74%	4.43%
60 Days	0.99%	9.39%
90 Days	2.61%	10.75%
12 Months	24.52%	63.90%

7 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in HIBL	Overlap
ADI	D	0.15%	0.63%	0.15%
AMZN	C	2.5%	0.77%	0.77%
AVGO	D	0.4%	1.16%	0.4%
GOOG	C	0.62%	0.63%	0.62%
META	D	1.27%	0.88%	0.88%
NVDA	B	5.54%	1.51%	1.51%
TXN	C	0.86%	0.57%	0.57%

QLV Overweight 107 Positions Relative to HIBL

Symbol	Grade	Weight
MSFT	D	7.86%
AAPL	C	5.13%
PG	C	3.17%
LLY	F	2.4%
MRK	D	2.29%
V	A	2.25%
MCD	D	1.97%
IBM	C	1.77%
JNJ	C	1.68%
VZ	C	1.58%
PEP	F	1.52%
T	A	1.46%
XOM	B	1.15%
TMUS	B	1.14%
GILD	C	1.11%
LMT	D	1.07%
ABBV	F	0.97%
ABT	B	0.92%
ADP	A	0.92%
CME	B	0.91%
QLYS	B	0.89%
ATR	B	0.89%
WTW	B	0.87%
DUK	C	0.87%
GOOGL	C	0.87%
PSA	C	0.84%
AIZ	A	0.84%
WEC	A	0.83%
WDFC	B	0.81%
TYL	B	0.81%
ED	C	0.77%
K	A	0.77%
RGLD	C	0.77%
DOX	D	0.76%
LSTR	D	0.74%
CHE	D	0.74%
AMGN	F	0.73%
CB	C	0.72%
CHKP	C	0.72%
GIS	D	0.72%
ZM	C	0.7%
WM	B	0.68%
SO	C	0.68%
QGEN	D	0.67%
TRV	B	0.66%
DTM	A	0.65%
DLR	B	0.65%
AVY	F	0.64%
CALM	A	0.62%
EQIX	A	0.62%
ALL	A	0.62%
XEL	A	0.62%
GD	D	0.61%
PKG	A	0.61%
SMMT	D	0.61%
NOC	D	0.6%
BRK.A	B	0.59%
CINF	A	0.59%
RSG	A	0.58%
WCN	A	0.57%
CTVA	C	0.57%
AZO	C	0.56%
AEE	A	0.56%
SIGI	C	0.55%
STNG	F	0.55%
MKL	A	0.54%
CMS	C	0.53%
JKHY	D	0.53%
SCI	B	0.53%
CTRA	B	0.53%
WRB	A	0.53%
ADC	A	0.52%
AEP	C	0.52%
PNW	A	0.52%
TSCO	D	0.5%
BAH	F	0.5%
SON	F	0.49%
CHRW	B	0.49%
FLO	D	0.47%
REGN	F	0.47%
HSY	F	0.46%
TTEK	F	0.46%
NBIX	C	0.43%
HRL	D	0.4%
VRSK	A	0.39%
BMRN	F	0.37%
NFG	A	0.37%
HII	F	0.36%
MCK	A	0.35%
SLGN	A	0.33%
DDS	B	0.3%
BMI	B	0.28%
CRUS	D	0.26%
EA	A	0.23%
PM	B	0.21%
JPM	A	0.21%
COR	B	0.2%
LIN	C	0.19%
ALKS	C	0.19%
ROP	B	0.14%
NCNO	C	0.13%
CAG	F	0.13%
L	A	0.11%
CWAN	B	0.09%
UNH	B	0.07%
MMC	B	0.05%
EXPD	C	0.03%

QLV Underweight 90 Positions Relative to HIBL

Symbol	Grade	Weight
TSLA	B	-1.46%
NCLH	B	-1.22%
CCL	A	-1.19%
CRWD	B	-1.15%
AMD	F	-1.13%
UAL	A	-1.1%
ALB	B	-1.09%
VST	A	-1.03%
ANET	C	-1.0%
GNRC	C	-1.0%
BLDR	D	-0.98%
URI	C	-0.92%
MU	D	-0.91%
CZR	F	-0.91%
RCL	A	-0.91%
AMAT	F	-0.88%
LRCX	F	-0.88%
MPWR	F	-0.88%
ON	D	-0.87%
BX	A	-0.87%
DAY	B	-0.86%
TER	F	-0.86%
ORCL	A	-0.85%
KKR	A	-0.85%
PWR	A	-0.84%
CDNS	B	-0.83%
CRM	B	-0.82%
SNPS	B	-0.81%
JBL	C	-0.81%
NOW	A	-0.81%
KLAC	F	-0.8%
ETN	A	-0.78%
PYPL	B	-0.77%
PODD	C	-0.77%
ADSK	A	-0.76%
QCOM	F	-0.76%
WDC	D	-0.75%
PANW	B	-0.75%
FICO	B	-0.73%
ABNB	C	-0.73%
CEG	C	-0.73%
ALGN	D	-0.73%
HUBB	B	-0.72%
BXP	C	-0.72%
BKNG	A	-0.72%
NXPI	D	-0.71%
PH	A	-0.71%
LW	C	-0.71%
ZBRA	B	-0.71%
SMCI	F	-0.7%
INTC	C	-0.69%
CARR	C	-0.69%
KEYS	A	-0.69%
UBER	F	-0.68%
MCHP	F	-0.68%
LULU	C	-0.67%
INTU	B	-0.66%
KEY	B	-0.66%
DECK	A	-0.66%
ISRG	A	-0.64%
ANSS	B	-0.61%
CRL	D	-0.61%
APH	A	-0.6%
ROK	C	-0.6%
PHM	D	-0.6%
FCX	F	-0.59%
WBD	B	-0.59%
TROW	B	-0.58%
EPAM	B	-0.58%
IVZ	B	-0.58%
RMD	C	-0.58%
SWKS	F	-0.57%
GE	D	-0.57%
ADBE	C	-0.57%
KMX	B	-0.56%
CPRT	B	-0.56%
MHK	D	-0.55%
FSLR	F	-0.55%
ARE	F	-0.54%
MLM	C	-0.54%
LEN	D	-0.53%
MGM	D	-0.53%
EFX	F	-0.53%
DHI	F	-0.5%
IDXX	F	-0.49%
ENPH	F	-0.47%
IQV	F	-0.47%
APTV	F	-0.43%
AES	F	-0.42%
QRVO	F	-0.41%