QLV vs. QGRO ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to American Century STOXX U.S. Quality Growth ETF (QGRO)

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

$67.71

Average Daily Volume

8,092

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

QGRO

American Century STOXX U.S. Quality Growth ETF

QGRO Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX American Century USA Quality Growth Index (the "index"). Under normal market conditions, the fund invests at least 80% of its assets, exclusive of collateral held from securities lending, in the component securities of the underlying index. The index is designed to select securities of large- and mid-capitalization U.S. companies with attractive growth and quality fundamentals.

Grade (RS Rating)

Last Trade

$100.60

Average Daily Volume

41,933

Number of Holdings ^*

177

* may have additional holdings in another (foreign) market

Performance

Period	QLV	QGRO
30 Days	1.86%	8.62%
60 Days	4.77%	17.32%
90 Days	8.05%	19.92%
12 Months	30.73%	48.36%

19 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in QGRO	Overlap
AAPL	B	5.07%	1.2%	1.2%
ALKS	C	0.19%	0.34%	0.19%
AMZN	B	2.38%	3.17%	2.38%
ATR	B	0.88%	0.17%	0.17%
BMI	C	0.26%	0.24%	0.24%
BMRN	F	0.37%	0.88%	0.37%
CHRW	B	0.47%	0.16%	0.16%
CRUS	F	0.27%	0.35%	0.27%
DDS	C	0.27%	0.18%	0.18%
GOOGL	B	0.85%	0.48%	0.48%
META	B	1.27%	2.54%	1.27%
MRK	F	2.39%	1.02%	1.02%
MSFT	C	7.65%	0.72%	0.72%
NBIX	C	0.43%	0.67%	0.43%
NVDA	B	5.34%	2.03%	2.03%
QLYS	C	0.77%	0.33%	0.33%
REGN	F	0.5%	0.06%	0.06%
TMUS	A	1.1%	0.17%	0.17%
ZM	A	0.67%	0.74%	0.67%

QLV Overweight 95 Positions Relative to QGRO

Symbol	Grade	Weight
PG	D	3.17%
LLY	D	2.49%
V	B	2.17%
MCD	D	1.98%
IBM	D	1.77%
JNJ	D	1.77%
VZ	D	1.61%
PEP	F	1.56%
T	B	1.46%
ABBV	B	1.16%
XOM	B	1.14%
GILD	B	1.1%
LMT	D	1.09%
ABT	B	0.95%
CME	B	0.93%
ADP	A	0.9%
DUK	D	0.9%
PSA	D	0.87%
WTW	B	0.86%
TXN	A	0.86%
WEC	B	0.84%
RGLD	B	0.83%
TYL	B	0.81%
ED	D	0.81%
WDFC	B	0.8%
AMGN	C	0.79%
DOX	A	0.79%
K	A	0.78%
GIS	F	0.77%
AIZ	A	0.76%
LSTR	C	0.72%
CHE	F	0.71%
QGEN	D	0.7%
SO	D	0.7%
CHKP	D	0.7%
CB	D	0.7%
WM	B	0.67%
DLR	B	0.67%
AVY	F	0.66%
SMMT	C	0.65%
EQIX	B	0.64%
TRV	B	0.64%
NOC	C	0.62%
GD	B	0.62%
CTVA	C	0.62%
PKG	B	0.61%
BAH	B	0.61%
XEL	B	0.61%
DTM	A	0.61%
CALM	B	0.61%
GOOG	B	0.6%
ALL	B	0.59%
TTEK	C	0.58%
STNG	F	0.58%
BRK.A	C	0.57%
JKHY	C	0.57%
AZO	D	0.56%
AEE	A	0.56%
AEP	D	0.56%
CINF	B	0.56%
WCN	B	0.56%
RSG	B	0.56%
CMS	D	0.54%
WRB	B	0.53%
SCI	A	0.53%
ADC	B	0.51%
SIGI	B	0.51%
MKL	B	0.5%
TSCO	C	0.5%
PNW	B	0.5%
SON	F	0.49%
CTRA	C	0.49%
FLO	F	0.48%
HSY	F	0.47%
HRL	F	0.41%
AVGO	B	0.41%
VRSK	A	0.39%
NFG	C	0.37%
HII	F	0.36%
SLGN	B	0.33%
MCK	B	0.3%
EA	B	0.22%
PM	C	0.22%
JPM	B	0.2%
LIN	D	0.19%
COR	B	0.19%
ADI	D	0.16%
CAG	F	0.14%
ROP	B	0.13%
NCNO	B	0.12%
L	A	0.1%
CWAN	B	0.08%
UNH	B	0.07%
MMC	C	0.05%
EXPD	D	0.03%

QLV Underweight 158 Positions Relative to QGRO

Symbol	Grade	Weight
BKNG	B	-3.61%
NOW	B	-2.75%
VLTO	D	-2.61%
APP	B	-2.58%
CSL	C	-2.41%
PGR	B	-2.26%
WMT	A	-2.15%
NFLX	A	-2.11%
PLTR	A	-2.07%
FTNT	A	-1.96%
EME	B	-1.75%
WDAY	C	-1.74%
UBER	F	-1.59%
GE	C	-1.54%
PANW	A	-1.49%
ANET	C	-1.47%
TXRH	B	-1.45%
MANH	C	-1.43%
TTD	B	-1.38%
HWM	B	-1.27%
KMB	D	-1.24%
HUBS	B	-1.14%
NTNX	B	-1.13%
MPWR	F	-1.05%
DECK	B	-1.0%
VRSN	D	-1.0%
DCI	A	-0.96%
NET	C	-0.96%
PODD	B	-0.9%
JLL	C	-0.89%
ADBE	F	-0.86%
PSTG	C	-0.82%
DOCU	A	-0.82%
QCOM	C	-0.8%
MEDP	D	-0.79%
TPL	B	-0.79%
AXON	B	-0.78%
RMD	B	-0.74%
SEIC	B	-0.72%
INGR	B	-0.69%
EXEL	B	-0.68%
AYI	A	-0.63%
CEG	D	-0.62%
SKX	F	-0.59%
RL	B	-0.57%
EVR	B	-0.56%
DBX	C	-0.55%
ESTC	C	-0.54%
FSS	C	-0.54%
SFM	A	-0.53%
KNSL	D	-0.53%
WING	F	-0.52%
WFRD	F	-0.5%
MA	A	-0.49%
HRB	D	-0.48%
GWW	A	-0.43%
TEAM	B	-0.41%
ANF	C	-0.38%
FICO	B	-0.33%
SMAR	B	-0.31%
HALO	C	-0.31%
SM	C	-0.29%
TGT	F	-0.29%
BURL	C	-0.28%
ADSK	A	-0.27%
DUOL	B	-0.26%
FN	B	-0.26%
GEV	A	-0.26%
RPM	B	-0.26%
NYT	B	-0.26%
FLS	A	-0.26%
GLOB	B	-0.25%
USFD	B	-0.25%
ROST	D	-0.24%
THC	B	-0.24%
VRT	A	-0.22%
NEU	D	-0.22%
COKE	D	-0.22%
DVA	D	-0.22%
TRGP	A	-0.22%
CL	F	-0.21%
WSM	F	-0.21%
TOST	B	-0.2%
IDXX	F	-0.2%
PEGA	A	-0.2%
SPSC	F	-0.2%
TT	A	-0.2%
FIX	A	-0.19%
KLAC	F	-0.19%
AAON	B	-0.18%
BRBR	A	-0.18%
BKR	B	-0.17%
AXP	B	-0.17%
TW	B	-0.17%
COST	B	-0.17%
PEN	C	-0.17%
CRS	B	-0.17%
MORN	A	-0.17%
GRMN	B	-0.17%
PWR	A	-0.17%
WAB	A	-0.17%
APH	B	-0.16%
INSP	D	-0.16%
AXS	A	-0.16%
CMG	C	-0.16%
ITT	A	-0.16%
MMSI	A	-0.16%
CTAS	A	-0.16%
DDOG	C	-0.16%
IT	B	-0.16%
LII	A	-0.16%
RYAN	B	-0.16%
BSX	A	-0.16%
MCO	C	-0.15%
ROL	C	-0.15%
FE	D	-0.15%
ALNY	B	-0.15%
GAP	C	-0.15%
ECL	D	-0.15%
SBAC	D	-0.15%
EXPO	D	-0.14%
TENB	D	-0.14%
TJX	C	-0.14%
UTHR	B	-0.11%
PAYC	B	-0.11%
AIT	A	-0.1%
FRHC	B	-0.1%
FFIV	B	-0.1%
ABNB	D	-0.1%
JBL	C	-0.1%
LULU	D	-0.1%
EXPE	B	-0.1%
MLI	B	-0.1%
ALSN	A	-0.1%
LECO	C	-0.09%
GDDY	A	-0.09%
MAT	C	-0.09%
CBT	B	-0.09%
WTS	C	-0.09%
DT	C	-0.09%
CAT	B	-0.09%
LPX	B	-0.09%
CRM	A	-0.09%
LRCX	D	-0.08%
VLO	D	-0.08%
UHS	D	-0.08%
AOS	F	-0.08%
AMAT	D	-0.08%
PVH	C	-0.08%
MTD	F	-0.08%
ZTS	F	-0.08%
MSM	C	-0.08%
MTCH	F	-0.08%
COLM	C	-0.08%
NSIT	F	-0.07%
DKS	D	-0.07%
REYN	F	-0.07%
CROX	F	-0.06%