QLV vs. PPTY ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to PPTY U.S. Diversified Real Estate ETF (PPTY)

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

$67.57

Average Daily Volume

10,480

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

PPTY

PPTY U.S. Diversified Real Estate ETF

PPTY Description

The investment seeks to track the performance, before fees and expenses, of the PPTYX - U.S. Diversified Real Estate Index¿ (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index was developed in 2017 by the fund's index provider and an affiliate of the fund's sub-adviser, and uses a rules-based methodology to provide diversified exposure to the liquid U.S. real estate market.

Grade (RS Rating)

Last Trade

$34.48

Average Daily Volume

48,168

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QLV	PPTY
30 Days	1.29%	2.37%
60 Days	2.00%	2.48%
90 Days	3.82%	4.86%
12 Months	25.81%	31.35%

4 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in PPTY	Overlap
ADC	B	0.53%	0.8%	0.53%
DLR	A	0.68%	4.14%	0.68%
EQIX	A	0.64%	4.48%	0.64%
PSA	C	0.84%	0.86%	0.84%

QLV Overweight 110 Positions Relative to PPTY

Symbol	Grade	Weight
MSFT	D	7.68%
NVDA	C	5.54%
AAPL	B	5.17%
PG	A	3.25%
AMZN	C	2.41%
LLY	F	2.31%
MRK	F	2.28%
V	A	2.26%
MCD	D	1.93%
IBM	C	1.82%
JNJ	D	1.71%
VZ	B	1.64%
T	A	1.51%
PEP	F	1.47%
META	D	1.25%
XOM	C	1.15%
TMUS	A	1.13%
GILD	B	1.07%
LMT	D	1.06%
ABBV	D	0.96%
CME	A	0.94%
ABT	B	0.93%
ADP	B	0.92%
DUK	C	0.9%
QLYS	C	0.88%
GOOGL	C	0.88%
WEC	A	0.86%
ATR	B	0.86%
AIZ	B	0.86%
WTW	B	0.85%
TXN	D	0.84%
RGLD	D	0.83%
TYL	A	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	B	0.71%
CB	D	0.71%
SO	D	0.69%
TRV	B	0.67%
QGEN	D	0.67%
WM	A	0.67%
DTM	B	0.67%
ZM	B	0.67%
CALM	B	0.65%
XEL	A	0.64%
ALL	B	0.63%
AVY	D	0.63%
PKG	B	0.63%
GOOG	C	0.62%
CINF	A	0.6%
SMMT	D	0.59%
RSG	A	0.59%
CTVA	B	0.59%
NOC	D	0.59%
BRK.A	B	0.59%
AEE	A	0.58%
GD	F	0.58%
WCN	A	0.58%
CTRA	B	0.57%
WRB	A	0.55%
AZO	C	0.55%
STNG	F	0.55%
MKL	A	0.54%
AEP	D	0.54%
CMS	C	0.54%
SCI	A	0.54%
JKHY	D	0.53%
PNW	B	0.53%
SIGI	B	0.53%
CHRW	C	0.49%
TSCO	C	0.49%
SON	D	0.48%
BAH	F	0.47%
FLO	C	0.47%
TTEK	F	0.46%
REGN	F	0.45%
HSY	F	0.45%
NBIX	C	0.43%
HRL	D	0.4%
VRSK	A	0.39%
NFG	B	0.38%
AVGO	D	0.38%
HII	F	0.36%
BMRN	F	0.35%
MCK	C	0.35%
SLGN	A	0.34%
DDS	B	0.29%
BMI	B	0.27%
CRUS	F	0.26%
EA	C	0.23%
JPM	B	0.21%
PM	B	0.21%
COR	C	0.2%
LIN	D	0.19%
ALKS	B	0.19%
ADI	D	0.15%
NCNO	B	0.13%
CAG	D	0.13%
ROP	B	0.13%
L	B	0.11%
CWAN	B	0.09%
UNH	B	0.07%
MMC	A	0.05%
EXPD	C	0.03%

QLV Underweight 87 Positions Relative to PPTY

Symbol	Grade	Weight
AVB	B	-4.09%
PLD	D	-3.57%
FCPT	C	-3.53%
ARE	D	-3.37%
EQR	B	-2.94%
SPG	C	-2.93%
WELL	C	-2.8%
DEA	D	-2.42%
HIW	D	-2.39%
MAR	A	-2.31%
AMH	C	-2.31%
UDR	B	-2.08%
TRNO	D	-2.02%
ESS	B	-2.02%
MAA	B	-1.89%
HLT	A	-1.84%
REG	B	-1.78%
IRT	B	-1.77%
CDP	C	-1.74%
CUZ	B	-1.57%
STAG	D	-1.55%
FRT	A	-1.51%
COLD	F	-1.5%
KIM	A	-1.48%
CPT	B	-1.48%
AAT	B	-1.48%
VTR	D	-1.37%
SLG	B	-1.33%
EGP	D	-1.3%
AKR	A	-1.3%
ESRT	C	-1.3%
SKT	A	-1.16%
IIPR	D	-1.16%
WPC	D	-1.14%
FR	C	-0.98%
SUI	D	-0.95%
BXP	D	-0.92%
INVH	D	-0.84%
KRG	B	-0.81%
PECO	B	-0.81%
GTY	A	-0.8%
DOC	C	-0.74%
ELS	C	-0.74%
OHI	D	-0.72%
H	A	-0.67%
HST	C	-0.62%
EXR	C	-0.61%
DEI	A	-0.59%
WH	A	-0.55%
RHP	B	-0.53%
O	D	-0.52%
CHH	A	-0.51%
CTRE	D	-0.44%
SBRA	B	-0.44%
APLE	B	-0.41%
NHI	D	-0.41%
NTST	D	-0.41%
DBRG	F	-0.38%
CSR	B	-0.36%
IVT	B	-0.36%
LTC	B	-0.35%
SHO	C	-0.33%
NHC	B	-0.31%
CUBE	D	-0.28%
UMH	B	-0.28%
NSA	C	-0.25%
AHH	D	-0.24%
ALEX	B	-0.19%
ROIC	A	-0.19%
CHCT	C	-0.17%
VNO	B	-0.14%
EPRT	B	-0.11%
UE	B	-0.11%
BRX	A	-0.11%
BFS	C	-0.1%
XHR	A	-0.1%
BNL	D	-0.1%
DRH	B	-0.1%
KRC	C	-0.1%
JBGS	D	-0.09%
ELME	D	-0.09%
NNN	D	-0.09%
AIV	C	-0.09%
REXR	F	-0.08%
GMRE	D	-0.08%
LXP	D	-0.08%
PLYM	F	-0.07%