QLV vs. MCDS ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to JPMorgan Fundamental Data Science Mid Core ETF (MCDS)

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

MCDS

JPMorgan Fundamental Data Science Mid Core ETF

MCDS Description

Under normal circumstances, the fund invests at least 80% of its assets in equity securities of mid cap companies. Many of the equity securities in the fund's portfolio are securities of companies in the financials, industrials and consumer discretionary sectors. In managing the fund, the adviser employs a fundamental data science enabled investment approach that combines research, data insights, and risk management.

Grade (RS Rating)

Last Trade

$59.59

Average Daily Volume

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

Performance

Period	QLV	MCDS
30 Days	0.23%	7.18%
60 Days	1.42%	8.27%
90 Days	3.24%	10.50%
12 Months	25.29%

12 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in MCDS	Overlap
ATR	B	0.89%	0.83%	0.83%
BAH	F	0.5%	0.71%	0.5%
CMS	C	0.53%	1.0%	0.53%
CTRA	B	0.53%	0.68%	0.53%
HSY	F	0.46%	0.51%	0.46%
L	A	0.11%	0.81%	0.11%
NCNO	B	0.13%	0.17%	0.13%
PKG	A	0.61%	0.81%	0.61%
TSCO	D	0.5%	0.27%	0.27%
TYL	B	0.81%	1.06%	0.81%
WEC	A	0.83%	1.29%	0.83%
XEL	A	0.62%	1.08%	0.62%

QLV Overweight 102 Positions Relative to MCDS

Symbol	Grade	Weight
MSFT	F	7.86%
NVDA	C	5.54%
AAPL	C	5.13%
PG	A	3.17%
AMZN	C	2.5%
LLY	F	2.4%
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%
T	A	1.46%
META	D	1.27%
XOM	B	1.15%
TMUS	B	1.14%
GILD	C	1.11%
LMT	D	1.07%
ABBV	D	0.97%
ABT	B	0.92%
ADP	B	0.92%
CME	A	0.91%
QLYS	C	0.89%
WTW	B	0.87%
DUK	C	0.87%
GOOGL	C	0.87%
TXN	C	0.86%
PSA	D	0.84%
AIZ	A	0.84%
WDFC	B	0.81%
ED	D	0.77%
K	A	0.77%
RGLD	C	0.77%
DOX	D	0.76%
LSTR	D	0.74%
CHE	D	0.74%
AMGN	D	0.73%
CB	C	0.72%
CHKP	D	0.72%
GIS	D	0.72%
ZM	B	0.7%
WM	A	0.68%
SO	D	0.68%
QGEN	D	0.67%
TRV	B	0.66%
DTM	B	0.65%
DLR	B	0.65%
AVY	D	0.64%
GOOG	C	0.62%
CALM	A	0.62%
EQIX	A	0.62%
ALL	A	0.62%
GD	F	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%
JKHY	D	0.53%
SCI	B	0.53%
WRB	A	0.53%
ADC	B	0.52%
AEP	D	0.52%
PNW	B	0.52%
SON	D	0.49%
CHRW	C	0.49%
FLO	D	0.47%
REGN	F	0.47%
TTEK	F	0.46%
NBIX	C	0.43%
HRL	D	0.4%
AVGO	D	0.4%
VRSK	A	0.39%
BMRN	D	0.37%
NFG	A	0.37%
HII	D	0.36%
MCK	B	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	D	0.19%
ALKS	B	0.19%
ADI	D	0.15%
ROP	B	0.14%
CAG	D	0.13%
CWAN	B	0.09%
UNH	C	0.07%
MMC	B	0.05%
EXPD	D	0.03%

QLV Underweight 127 Positions Relative to MCDS

Symbol	Grade	Weight
RJF	A	-1.6%
FIS	C	-1.49%
HWM	A	-1.43%
WMB	A	-1.39%
SQ	B	-1.37%
TTD	B	-1.32%
PWR	A	-1.29%
HEI	B	-1.24%
MTB	A	-1.22%
GRMN	B	-1.16%
HLT	A	-1.13%
SBAC	D	-1.12%
DOV	A	-1.12%
FANG	D	-1.1%
WAB	B	-1.08%
RCL	A	-1.07%
ACGL	D	-1.07%
STT	A	-1.04%
HIG	B	-1.0%
NTRA	B	-0.98%
CAH	B	-0.98%
FHN	A	-0.98%
RF	A	-0.98%
SAIA	B	-0.97%
PCG	A	-0.92%
ZBRA	B	-0.92%
DFS	B	-0.9%
CSL	C	-0.9%
MLM	B	-0.85%
DAL	C	-0.84%
EHC	B	-0.83%
PFGC	B	-0.82%
AVB	B	-0.81%
SSNC	B	-0.8%
FTI	A	-0.8%
ROST	C	-0.8%
HUBS	A	-0.79%
RL	B	-0.79%
REG	B	-0.78%
HPE	B	-0.78%
JBHT	C	-0.78%
CBRE	B	-0.77%
TOL	B	-0.77%
ARES	A	-0.75%
NTRS	A	-0.75%
IT	C	-0.75%
CUBE	D	-0.74%
BJ	A	-0.74%
EXPE	B	-0.73%
ELS	C	-0.73%
AAON	B	-0.72%
MANH	D	-0.72%
MCHP	D	-0.72%
CTSH	B	-0.71%
MAA	B	-0.71%
IQV	D	-0.71%
TTWO	A	-0.71%
BURL	A	-0.71%
DGX	A	-0.7%
ZBH	C	-0.7%
BBY	D	-0.7%
DRI	B	-0.69%
IEX	B	-0.69%
EGP	F	-0.67%
FBIN	D	-0.67%
ENTG	D	-0.67%
NVST	B	-0.67%
EXP	A	-0.66%
EIX	B	-0.66%
LDOS	C	-0.66%
USFD	A	-0.66%
PLTR	B	-0.65%
CHTR	C	-0.65%
RLI	B	-0.64%
AXTA	A	-0.64%
SNX	C	-0.63%
MTD	D	-0.62%
LKQ	D	-0.62%
CNM	D	-0.61%
WST	C	-0.6%
MAS	D	-0.6%
ALNY	D	-0.6%
MSCI	C	-0.59%
DDOG	A	-0.58%
WY	D	-0.58%
JAZZ	B	-0.58%
TER	D	-0.54%
CC	C	-0.52%
DOW	F	-0.51%
HUM	C	-0.47%
BBWI	D	-0.47%
NTNX	A	-0.46%
LVS	C	-0.46%
MDB	C	-0.45%
ADM	D	-0.45%
POST	C	-0.44%
REYN	D	-0.43%
ESI	A	-0.43%
AME	A	-0.42%
AGCO	D	-0.4%
BALL	D	-0.39%
REXR	F	-0.39%
ON	D	-0.38%
FCNCA	A	-0.38%
SRPT	D	-0.37%
TPR	B	-0.36%
AJG	B	-0.35%
PRU	A	-0.35%
LPLA	A	-0.34%
PEG	A	-0.32%
LYB	F	-0.32%
LNG	B	-0.3%
CHD	B	-0.28%
HUBB	B	-0.27%
TDY	B	-0.25%
FITB	A	-0.24%
FICO	B	-0.23%
POOL	C	-0.22%
DXCM	D	-0.21%
AES	F	-0.21%
TW	A	-0.21%
GPC	D	-0.2%
CFLT	B	-0.17%
APP	B	-0.12%
VKTX	F	-0.12%
PCTY	B	-0.09%
SMCI	F	-0.03%