QLV vs. NUDV ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Nuveen ESG Dividend ETF (NUDV)

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

$66.02

Average Daily Volume

3,613

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

NUDV

Nuveen ESG Dividend ETF

NUDV Description

Nuveen ESG Dividend ETF is an exchange traded fund launched and managed by Nuveen Fund Advisors, LLC. The fund is co-managed by Teachers Advisors, LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It does not invest in companies related to alcohol production, tobacco production, nuclear power, gambling, and weapons and firearm production. The fund replicates the performance of the TIAA ESG USA High Dividend Index, by using full replication technique. Nuveen ESG Dividend ETF was formed on September 27, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.34

Average Daily Volume

2,448

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

Performance

Period	QLV	NUDV
30 Days	1.63%	3.49%
60 Days	4.53%	4.82%
90 Days	5.65%	9.98%
12 Months	25.53%	25.09%

21 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in NUDV	Overlap
ADP	B	0.87%	1.51%	0.87%
AIZ	B	0.77%	0.2%	0.2%
AMGN	B	0.82%	1.58%	0.82%
AVY	D	0.72%	0.36%	0.36%
CAG	B	0.16%	0.32%	0.16%
CHRW	B	0.46%	0.24%	0.24%
ED	C	0.87%	0.73%	0.73%
EQIX	B	0.59%	1.39%	0.59%
GILD	B	0.98%	1.51%	0.98%
HRL	C	0.44%	0.2%	0.2%
IBM	B	1.77%	1.66%	1.66%
JNJ	B	1.9%	2.09%	1.9%
K	A	0.79%	0.44%	0.44%
MMC	C	0.06%	1.5%	0.06%
MRK	D	2.76%	1.83%	1.83%
PEP	C	1.69%	1.74%	1.69%
PSA	B	0.91%	1.13%	0.91%
TRV	B	0.64%	1.11%	0.64%
TSCO	C	0.5%	0.59%	0.5%
TXN	C	0.87%	1.59%	0.87%
VZ	B	1.7%	1.65%	1.65%

QLV Overweight 93 Positions Relative to NUDV

Symbol	Grade	Weight
MSFT	C	7.68%
AAPL	D	5.11%
NVDA	D	4.13%
PG	C	3.43%
LLY	C	2.85%
V	B	2.15%
AMZN	C	2.13%
MCD	C	1.97%
T	B	1.45%
LMT	C	1.17%
ABBV	C	1.15%
META	A	1.14%
XOM	D	1.13%
TMUS	C	0.96%
DUK	C	0.95%
ABT	C	0.95%
CME	C	0.92%
GIS	B	0.86%
WEC	B	0.84%
WTW	B	0.83%
ATR	B	0.8%
TYL	C	0.8%
CHKP	C	0.79%
CHE	C	0.78%
RGLD	B	0.77%
DOX	C	0.77%
CB	B	0.76%
GOOGL	D	0.76%
WDFC	B	0.76%
QGEN	B	0.75%
QLYS	F	0.74%
LSTR	D	0.74%
SO	B	0.72%
REGN	C	0.71%
STNG	D	0.71%
WM	D	0.66%
NOC	B	0.65%
GD	B	0.64%
SMMT	C	0.62%
ALL	A	0.61%
AEP	B	0.59%
XEL	A	0.59%
WCN	D	0.59%
BRK.A	C	0.59%
AZO	D	0.58%
RSG	D	0.58%
ZM	C	0.58%
CTVA	B	0.57%
CINF	B	0.56%
DLR	B	0.56%
WRB	C	0.55%
AEE	B	0.55%
CMS	A	0.55%
ADC	C	0.54%
HSY	C	0.54%
JKHY	B	0.54%
SON	C	0.54%
PKG	B	0.54%
PNW	B	0.53%
TTEK	C	0.53%
GOOG	D	0.53%
BAH	B	0.51%
SIGI	C	0.51%
HII	C	0.51%
SCI	B	0.51%
FLO	C	0.51%
DTM	B	0.5%
MKL	C	0.5%
CTRA	F	0.49%
CALM	B	0.48%
BMRN	F	0.48%
NBIX	F	0.43%
VRSK	D	0.39%
NFG	B	0.37%
CRUS	D	0.36%
AVGO	C	0.34%
SLGN	B	0.32%
MCK	F	0.3%
DDS	D	0.25%
BMI	B	0.25%
SQSP	A	0.24%
EA	D	0.21%
PM	C	0.21%
JPM	D	0.2%
ALKS	C	0.19%
LIN	B	0.19%
ADI	D	0.16%
ROP	C	0.14%
L	B	0.11%
NCNO	D	0.1%
UNH	C	0.07%
CWAN	A	0.07%
EXPD	B	0.03%

QLV Underweight 99 Positions Relative to NUDV

Symbol	Grade	Weight
HD	B	-1.96%
KO	B	-1.87%
BAC	D	-1.82%
CSCO	B	-1.59%
PFE	C	-1.59%
AMT	C	-1.56%
CMCSA	D	-1.54%
CAT	C	-1.53%
LOW	B	-1.53%
GS	D	-1.53%
WELL	B	-1.5%
CI	C	-1.49%
DE	B	-1.48%
PNC	B	-1.44%
MS	D	-1.44%
CL	C	-1.44%
C	D	-1.43%
USB	B	-1.42%
BMY	C	-1.42%
UPS	D	-1.42%
TGT	C	-1.41%
ITW	B	-1.39%
MMM	B	-1.38%
FDX	C	-1.33%
INTC	F	-1.28%
AFL	B	-1.2%
NXPI	D	-1.19%
NEM	B	-1.18%
COF	C	-1.1%
OKE	B	-1.08%
CCI	B	-1.03%
BK	A	-1.01%
KMB	D	-1.0%
JCI	B	-0.94%
MET	A	-0.92%
FIS	B	-0.92%
PAYX	C	-0.86%
PRU	C	-0.83%
CMI	C	-0.82%
KDP	A	-0.82%
EXC	B	-0.78%
KR	B	-0.72%
HIG	A	-0.7%
DFS	C	-0.68%
BKR	D	-0.68%
HPQ	D	-0.67%
IRM	B	-0.65%
AVB	B	-0.64%
PPG	C	-0.6%
ADM	D	-0.59%
ROK	D	-0.59%
AWK	A	-0.58%
FITB	B	-0.57%
CAH	C	-0.55%
IFF	B	-0.53%
SBAC	C	-0.52%
BR	D	-0.5%
STT	A	-0.5%
NTAP	D	-0.48%
ES	C	-0.48%
HPE	D	-0.46%
KHC	C	-0.46%
RF	B	-0.42%
MKC	B	-0.42%
STX	D	-0.41%
BBY	B	-0.41%
ATO	B	-0.41%
CLX	C	-0.41%
SYF	C	-0.38%
PFG	B	-0.37%
NTRS	B	-0.36%
WSM	C	-0.34%
DGX	B	-0.34%
STLD	D	-0.33%
TFC	D	-0.33%
DOC	C	-0.31%
IEX	D	-0.3%
BG	D	-0.28%
OC	C	-0.27%
POOL	C	-0.27%
JNPR	A	-0.26%
EQH	C	-0.26%
REG	C	-0.26%
IPG	C	-0.24%
ALLE	B	-0.24%
DKS	D	-0.24%
HBAN	B	-0.23%
ALLY	F	-0.22%
BXP	B	-0.22%
CPB	B	-0.21%
LKQ	D	-0.21%
WTRG	D	-0.2%
CNH	C	-0.19%
TTC	D	-0.18%
LW	D	-0.18%
DINO	D	-0.15%
BBWI	F	-0.12%
PARA	F	-0.12%
FOX	B	-0.11%