QLV vs. JEPI ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to JPMorgan Equity Premium Income ETF (JEPI)

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

$67.22

Average Daily Volume

10,357

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

JEPI

JPMorgan Equity Premium Income ETF

JEPI Description

The investment seeks current income while maintaining prospects for capital appreciation. The fund seeks to provide the majority of the returns associated with its primary benchmark, the Standard & Poor's 500 Total Return Index (S&P 500 Index), while exposing investors to less risk through lower volatility and still offering incremental income. Under normal circumstances, the fund invests at least 80% of its assets in equity securities. It may also invest in other equity securities not included in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$60.16

Average Daily Volume

2,893,017

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	QLV	JEPI
30 Days	0.23%	1.71%
60 Days	1.42%	2.75%
90 Days	3.24%	5.60%
12 Months	25.29%	13.92%

33 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in JEPI	Overlap
AAPL	C	5.17%	0.67%	0.67%
ABBV	D	0.96%	1.28%	0.96%
ABT	B	0.93%	0.63%	0.63%
ADI	D	0.15%	1.16%	0.15%
AMZN	C	2.41%	1.61%	1.61%
AZO	C	0.55%	0.8%	0.55%
BRK.A	B	0.59%	0.71%	0.59%
CB	C	0.71%	0.42%	0.42%
CME	A	0.94%	1.18%	0.94%
CMS	C	0.54%	0.57%	0.54%
EQIX	A	0.64%	0.91%	0.64%
GOOGL	C	0.88%	1.38%	0.88%
JKHY	D	0.53%	0.39%	0.39%
JNJ	D	1.71%	0.4%	0.4%
LIN	D	0.19%	1.01%	0.19%
LLY	F	2.31%	0.75%	0.75%
MCD	D	1.93%	0.61%	0.61%
META	D	1.25%	1.5%	1.25%
MMC	B	0.05%	0.17%	0.05%
MRK	F	2.28%	0.28%	0.28%
MSFT	F	7.68%	1.41%	1.41%
NOC	D	0.59%	0.13%	0.13%
NVDA	C	5.54%	1.61%	1.61%
PEP	F	1.47%	1.26%	1.26%
PG	A	3.25%	1.13%	1.13%
PM	B	0.21%	0.39%	0.21%
REGN	F	0.45%	0.93%	0.45%
SO	D	0.69%	1.52%	0.69%
TRV	B	0.67%	1.03%	0.67%
TXN	C	0.84%	1.16%	0.84%
UNH	C	0.07%	1.32%	0.07%
V	A	2.26%	1.49%	1.49%
XOM	B	1.15%	0.95%	0.95%

QLV Overweight 81 Positions Relative to JEPI

Symbol	Grade	Weight
IBM	C	1.82%
VZ	C	1.64%
T	A	1.51%
TMUS	B	1.13%
GILD	C	1.07%
LMT	D	1.06%
ADP	B	0.92%
DUK	C	0.9%
QLYS	C	0.88%
WEC	A	0.86%
ATR	B	0.86%
AIZ	A	0.86%
WTW	B	0.85%
PSA	D	0.84%
RGLD	C	0.83%
TYL	B	0.8%
WDFC	B	0.8%
ED	D	0.79%
K	A	0.77%
DOX	D	0.74%
CHE	D	0.73%
GIS	D	0.72%
CHKP	D	0.72%
AMGN	D	0.71%
LSTR	D	0.71%
DLR	B	0.68%
QGEN	D	0.67%
WM	A	0.67%
DTM	B	0.67%
ZM	B	0.67%
CALM	A	0.65%
XEL	A	0.64%
ALL	A	0.63%
AVY	D	0.63%
PKG	A	0.63%
GOOG	C	0.62%
CINF	A	0.6%
SMMT	D	0.59%
RSG	A	0.59%
CTVA	C	0.59%
AEE	A	0.58%
GD	F	0.58%
WCN	A	0.58%
CTRA	B	0.57%
WRB	A	0.55%
STNG	F	0.55%
MKL	A	0.54%
AEP	D	0.54%
SCI	B	0.54%
ADC	B	0.53%
PNW	B	0.53%
SIGI	C	0.53%
CHRW	C	0.49%
TSCO	D	0.49%
SON	D	0.48%
BAH	F	0.47%
FLO	D	0.47%
TTEK	F	0.46%
HSY	F	0.45%
NBIX	C	0.43%
HRL	D	0.4%
VRSK	A	0.39%
NFG	A	0.38%
AVGO	D	0.38%
HII	D	0.36%
BMRN	D	0.35%
MCK	B	0.35%
SLGN	A	0.34%
DDS	B	0.29%
BMI	B	0.27%
CRUS	D	0.26%
EA	A	0.23%
JPM	A	0.21%
COR	B	0.2%
ALKS	B	0.19%
NCNO	B	0.13%
CAG	D	0.13%
ROP	B	0.13%
L	A	0.11%
CWAN	B	0.09%
EXPD	D	0.03%

QLV Underweight 84 Positions Relative to JEPI

Symbol	Grade	Weight
TT	A	-1.73%
PGR	A	-1.68%
NOW	A	-1.63%
MA	C	-1.59%
HON	B	-1.42%
LOW	D	-1.36%
NEE	D	-1.35%
CMCSA	B	-1.34%
SYK	C	-1.29%
NXPI	D	-1.21%
TMO	F	-1.21%
VRTX	F	-1.17%
YUM	B	-1.17%
ETN	A	-1.16%
MDLZ	F	-1.14%
COST	B	-1.13%
KO	D	-1.04%
BMY	B	-1.02%
ROST	C	-0.99%
CRM	B	-0.93%
OTIS	C	-0.93%
INTU	C	-0.91%
EOG	A	-0.9%
COP	C	-0.89%
UPS	C	-0.86%
ACN	C	-0.84%
CTSH	B	-0.83%
FI	A	-0.83%
AXP	A	-0.81%
CSX	B	-0.81%
EMR	A	-0.8%
CMG	B	-0.8%
BKNG	A	-0.8%
MNST	C	-0.77%
SBAC	D	-0.75%
CPAY	A	-0.75%
PEG	A	-0.73%
CHD	B	-0.72%
WMT	A	-0.65%
DE	A	-0.62%
MDT	D	-0.6%
RTX	C	-0.57%
AMP	A	-0.54%
PLD	D	-0.48%
MRVL	B	-0.46%
BSX	B	-0.46%
ASML	F	-0.45%
TDG	D	-0.41%
PCG	A	-0.41%
TXT	D	-0.41%
FDX	B	-0.38%
IR	B	-0.37%
ELV	F	-0.36%
CARR	D	-0.36%
BURL	A	-0.36%
CDNS	B	-0.36%
STX	D	-0.35%
BAC	A	-0.34%
MSI	B	-0.32%
DOW	F	-0.32%
MET	A	-0.32%
URI	B	-0.32%
DHR	F	-0.31%
MU	D	-0.3%
PPG	F	-0.29%
LDOS	C	-0.28%
AMT	D	-0.26%
AON	A	-0.26%
USB	A	-0.26%
HWM	A	-0.23%
KVUE	A	-0.22%
UNP	C	-0.21%
MO	A	-0.21%
AJG	B	-0.21%
LYB	F	-0.18%
KEYS	A	-0.18%
D	C	-0.18%
WELL	A	-0.17%
AME	A	-0.17%
GWW	B	-0.14%
DOV	A	-0.12%
ETR	B	-0.1%
DTE	C	-0.1%
ELS	C	-0.04%