QLV vs. RPV ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Guggenheim S&P 500 Pure Value ETF (RPV)

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

$66.03

Average Daily Volume

3,345

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

RPV

Guggenheim S&P 500 Pure Value ETF

RPV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P 500 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$87.09

Average Daily Volume

146,967

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QLV	RPV
30 Days	0.99%	-1.33%
60 Days	4.96%	4.69%
90 Days	5.84%	6.07%
12 Months	32.21%	25.66%

13 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in RPV	Overlap
AIZ	A	0.78%	0.65%	0.65%
ALL	B	0.6%	0.58%	0.58%
BRK.A	C	0.58%	3.83%	0.58%
CAG	D	0.16%	0.6%	0.16%
CHRW	A	0.48%	0.56%	0.48%
CINF	A	0.54%	0.59%	0.54%
CTVA	A	0.59%	0.55%	0.55%
L	D	0.1%	1.03%	0.1%
MCK	F	0.27%	1.27%	0.27%
PNW	A	0.51%	0.57%	0.51%
T	A	1.43%	0.92%	0.92%
TRV	C	0.61%	0.54%	0.54%
VZ	A	1.74%	0.63%	0.63%

QLV Overweight 101 Positions Relative to RPV

Symbol	Grade	Weight
MSFT	D	8.0%
AAPL	C	5.16%
NVDA	C	4.72%
PG	C	3.31%
LLY	D	2.8%
MRK	F	2.65%
AMZN	C	2.28%
MCD	A	2.02%
V	C	2.0%
IBM	B	1.9%
JNJ	D	1.8%
PEP	D	1.58%
META	A	1.26%
LMT	A	1.15%
ABBV	A	1.1%
XOM	A	1.08%
GILD	A	1.01%
TMUS	A	0.98%
ABT	B	0.91%
DUK	A	0.91%
CME	A	0.9%
PSA	C	0.9%
TXN	C	0.89%
ADP	A	0.85%
ED	A	0.84%
GIS	C	0.83%
GOOGL	B	0.82%
WEC	A	0.82%
WTW	B	0.81%
RGLD	C	0.81%
ATR	A	0.81%
CHE	C	0.8%
CHKP	C	0.8%
AMGN	D	0.79%
DOX	B	0.78%
TYL	B	0.77%
K	B	0.77%
QLYS	F	0.76%
LSTR	D	0.74%
WDFC	B	0.74%
CB	A	0.73%
QGEN	D	0.72%
STNG	D	0.72%
SMMT	D	0.72%
AVY	C	0.71%
SO	A	0.7%
REGN	D	0.63%
GD	A	0.63%
WM	B	0.63%
NOC	B	0.63%
EQIX	B	0.61%
DLR	C	0.6%
ZM	C	0.59%
AZO	D	0.58%
XEL	A	0.58%
GOOG	B	0.57%
RSG	D	0.56%
PKG	C	0.56%
AEP	C	0.56%
WCN	D	0.56%
AEE	A	0.55%
CMS	A	0.55%
JKHY	A	0.54%
SON	D	0.53%
TTEK	B	0.53%
DTM	A	0.52%
TSCO	A	0.52%
BAH	A	0.52%
SIGI	D	0.51%
WRB	B	0.51%
ADC	B	0.51%
HSY	D	0.5%
FLO	D	0.5%
SCI	C	0.5%
MKL	C	0.5%
CALM	B	0.5%
CTRA	D	0.49%
HII	F	0.49%
HRL	F	0.42%
AVGO	C	0.42%
NBIX	F	0.41%
BMRN	F	0.39%
VRSK	D	0.37%
NFG	A	0.36%
CRUS	D	0.32%
SLGN	C	0.32%
DDS	D	0.28%
BMI	A	0.27%
SQSP	A	0.24%
LIN	B	0.2%
PM	C	0.2%
EA	D	0.2%
JPM	D	0.19%
ALKS	B	0.18%
ADI	C	0.17%
ROP	C	0.13%
NCNO	F	0.1%
CWAN	C	0.08%
UNH	B	0.07%
MMC	D	0.05%
EXPD	C	0.03%

QLV Underweight 79 Positions Relative to RPV

Symbol	Grade	Weight
GM	D	-4.16%
MHK	B	-2.77%
UAL	B	-2.69%
F	D	-2.32%
VTRS	D	-2.21%
TSN	D	-2.19%
C	B	-2.08%
CFG	D	-1.96%
IVZ	A	-1.91%
KR	C	-1.91%
PARA	F	-1.85%
VLO	F	-1.79%
BG	F	-1.76%
CNC	F	-1.74%
CVS	D	-1.7%
KMX	F	-1.57%
SW	C	-1.54%
PSX	D	-1.48%
NRG	A	-1.46%
CI	D	-1.43%
HPE	B	-1.42%
BBY	B	-1.39%
BWA	B	-1.36%
UHS	D	-1.35%
IP	C	-1.34%
TFC	D	-1.32%
WBD	D	-1.3%
COF	C	-1.29%
SYF	B	-1.2%
CAH	B	-1.18%
MTB	C	-1.14%
PRU	C	-1.06%
LUV	B	-1.03%
BK	C	-1.02%
ADM	D	-1.01%
BAC	D	-0.99%
AIG	F	-0.94%
WFC	D	-0.93%
KHC	D	-0.93%
RF	C	-0.88%
HBAN	D	-0.88%
STT	C	-0.88%
WBA	F	-0.87%
KEY	C	-0.86%
MOS	D	-0.84%
IFF	C	-0.8%
TAP	D	-0.79%
HIG	A	-0.78%
GS	C	-0.77%
MET	A	-0.72%
SWK	A	-0.7%
FITB	C	-0.66%
PNC	C	-0.64%
BEN	F	-0.61%
EMN	C	-0.6%
EVRG	C	-0.6%
DOW	B	-0.59%
FOXA	A	-0.58%
TGT	C	-0.56%
EG	B	-0.56%
KMI	A	-0.55%
ELV	F	-0.55%
EQT	B	-0.54%
ES	C	-0.54%
USB	C	-0.53%
HPQ	C	-0.52%
PFG	C	-0.52%
SYY	B	-0.52%
HSIC	D	-0.5%
FDX	D	-0.5%
LYB	D	-0.5%
ARE	D	-0.5%
CVX	B	-0.43%
LKQ	F	-0.41%
NWSA	D	-0.4%
ALB	D	-0.38%
HUM	F	-0.31%
FOX	A	-0.28%
NWS	D	-0.13%