QLV vs. LSEQ ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Harbor Long-Short Equity ETF (LSEQ)

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

$66.27

Average Daily Volume

8,499

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

LSEQ

Harbor Long-Short Equity ETF

LSEQ Description

Under normal market circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in long and short positions in equity securities. The fund advisor seeks to achieve the fund's investment objective by establishing long and/or short positions in equity securities.

Grade (RS Rating)

Last Trade

$29.03

Average Daily Volume

974

Number of Holdings ^*

154

* may have additional holdings in another (foreign) market

Performance

Period	QLV	LSEQ
30 Days	-1.94%	3.94%
60 Days	0.18%	5.97%
90 Days	1.83%	6.81%
12 Months	24.13%

19 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in LSEQ	Overlap
AAPL	C	5.13%	0.65%	0.65%
ABBV	F	0.97%	0.52%	0.52%
AMGN	D	0.73%	0.54%	0.54%
AMZN	B	2.5%	-1.99%	-1.99%
ATR	B	0.89%	0.72%	0.72%
COR	B	0.2%	0.86%	0.2%
DTM	A	0.65%	0.86%	0.65%
LIN	D	0.19%	1.11%	0.19%
LLY	F	2.4%	1.11%	1.11%
MCK	A	0.35%	-2.19%	-2.19%
META	C	1.27%	0.95%	0.95%
MSFT	D	7.86%	-1.86%	-1.86%
PKG	B	0.61%	1.01%	0.61%
RGLD	C	0.77%	1.66%	0.77%
SO	C	0.68%	0.67%	0.67%
T	A	1.46%	0.96%	0.96%
TMUS	B	1.14%	1.49%	1.14%
TYL	B	0.81%	0.76%	0.76%
ZM	B	0.7%	0.73%	0.7%

QLV Overweight 95 Positions Relative to LSEQ

Symbol	Grade	Weight
NVDA	A	5.54%
PG	C	3.17%
MRK	F	2.29%
V	A	2.25%
MCD	D	1.97%
IBM	C	1.77%
JNJ	D	1.68%
VZ	C	1.58%
PEP	F	1.52%
XOM	B	1.15%
GILD	C	1.11%
LMT	D	1.07%
ABT	A	0.92%
ADP	B	0.92%
CME	A	0.91%
QLYS	C	0.89%
WTW	B	0.87%
DUK	C	0.87%
GOOGL	B	0.87%
TXN	C	0.86%
PSA	C	0.84%
AIZ	A	0.84%
WEC	A	0.83%
WDFC	B	0.81%
ED	C	0.77%
K	B	0.77%
DOX	D	0.76%
LSTR	D	0.74%
CHE	F	0.74%
CB	C	0.72%
CHKP	D	0.72%
GIS	F	0.72%
WM	B	0.68%
QGEN	F	0.67%
TRV	A	0.66%
DLR	A	0.65%
AVY	D	0.64%
GOOG	B	0.62%
CALM	A	0.62%
EQIX	A	0.62%
ALL	A	0.62%
XEL	A	0.62%
GD	D	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	B	0.55%
STNG	D	0.55%
MKL	A	0.54%
CMS	C	0.53%
JKHY	D	0.53%
SCI	A	0.53%
CTRA	B	0.53%
WRB	B	0.53%
ADC	A	0.52%
AEP	C	0.52%
PNW	B	0.52%
TSCO	D	0.5%
BAH	D	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%
AVGO	C	0.4%
VRSK	B	0.39%
BMRN	F	0.37%
NFG	A	0.37%
HII	F	0.36%
SLGN	A	0.33%
DDS	B	0.3%
BMI	C	0.28%
CRUS	F	0.26%
EA	A	0.23%
PM	A	0.21%
JPM	A	0.21%
ALKS	C	0.19%
ADI	D	0.15%
ROP	C	0.14%
NCNO	B	0.13%
CAG	F	0.13%
L	A	0.11%
CWAN	B	0.09%
UNH	C	0.07%
MMC	D	0.05%
EXPD	D	0.03%

QLV Underweight 135 Positions Relative to LSEQ

Symbol	Grade	Weight
APP	A	-3.65%
PLTR	A	-2.91%
CVNA	A	-2.27%
AAL	B	-2.23%
VSCO	A	-1.95%
CASY	A	-1.91%
KSS	F	-1.89%
CCL	A	-1.89%
HPE	B	-1.85%
WMT	A	-1.84%
USFD	A	-1.82%
COST	A	-1.77%
DOCS	C	-1.75%
CPNG	D	-1.66%
PLTK	B	-1.55%
AXTA	B	-1.54%
OGN	F	-1.54%
BSX	A	-1.52%
EXEL	B	-1.49%
SPOT	B	-1.46%
DECK	A	-1.45%
BKNG	A	-1.39%
ANET	C	-1.39%
DOCU	B	-1.38%
R	B	-1.37%
PFE	F	-1.26%
MTCH	F	-1.22%
PRGO	C	-1.21%
ZBRA	B	-1.19%
RCL	A	-1.19%
GDDY	A	-1.19%
MUSA	B	-1.16%
JWN	C	-1.15%
KEX	B	-1.13%
MSI	B	-1.09%
KMI	A	-1.08%
THC	C	-1.07%
WSM	D	-1.02%
RPM	B	-0.99%
FTI	A	-0.97%
PEGA	B	-0.94%
TRGP	A	-0.93%
NTAP	C	-0.92%
TJX	A	-0.92%
EHC	B	-0.91%
TXRH	B	-0.91%
NOW	B	-0.9%
ECL	D	-0.88%
FICO	B	-0.88%
MANH	D	-0.88%
AM	A	-0.88%
DASH	A	-0.87%
HLT	A	-0.86%
UBER	F	-0.86%
OKE	A	-0.84%
WMB	A	-0.83%
NFLX	A	-0.83%
GWRE	A	-0.82%
FTNT	B	-0.81%
IT	C	-0.8%
FFIV	B	-0.78%
AMCR	D	-0.77%
EXP	B	-0.77%
UAL	A	-0.77%
ISRG	A	-0.76%
GLW	B	-0.76%
LPX	B	-0.76%
NTNX	B	-0.75%
HCA	F	-0.73%
VST	A	-0.73%
GMED	A	-0.72%
NTRA	A	-0.72%
DUOL	A	-0.72%
ROST	D	-0.72%
LOW	C	-0.71%
CAH	B	-0.7%
COHR	B	-0.7%
EBAY	D	-0.69%
INCY	C	-0.69%
PFGC	B	-0.69%
TKO	A	-0.69%
PANW	B	-0.69%
UTHR	C	-0.68%
SHW	C	-0.68%
TTD	B	-0.67%
JAZZ	C	-0.67%
BURL	A	-0.67%
BMY	A	-0.67%
RBLX	B	-0.67%
SYK	A	-0.66%
ITCI	B	-0.65%
HRB	D	-0.65%
DELL	B	-0.64%
NI	A	-0.64%
RMD	C	-0.63%
ILMN	C	-0.63%
SMAR	A	-0.61%
NRG	B	-0.61%
OMC	C	-0.57%
SMG	C	-0.57%
IFF	D	-0.54%
ALNY	D	-0.52%
CEG	C	-0.52%
BFAM	F	-0.49%
SMCI	F	--1.15%
IDXX	F	--1.41%
SLB	C	--1.48%
WDAY	C	--1.49%
CIVI	D	--1.5%
CHRD	F	--1.53%
AAP	D	--1.55%
SNOW	C	--1.59%
ACHC	F	--1.61%
CABO	C	--1.62%
ALB	B	--1.65%
DG	F	--1.73%
APA	F	--1.74%
MEDP	D	--1.79%
SNPS	C	--1.79%
LITE	B	--1.79%
DLTR	F	--1.82%
FANG	D	--1.83%
U	F	--1.89%
DXCM	C	--1.89%
WFRD	F	--1.91%
MTN	C	--1.93%
GO	C	--1.94%
WING	D	--1.98%
TXG	F	--2.0%
DV	C	--2.05%
CAR	C	--2.13%
WBA	F	--2.17%
FIVN	C	--2.29%
NFE	F	--2.39%
OVV	C	--2.47%