QLV vs. SCHI ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Schwab 5-10 Year Corporate Bond ETF (SCHI)

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

$66.15

Average Daily Volume

3,507

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

SCHI

Schwab 5-10 Year Corporate Bond ETF

SCHI Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 5-10 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to five years and less than ten years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$46.26

Average Daily Volume

540,196

Number of Holdings ^*

471

* may have additional holdings in another (foreign) market

Performance

Period	QLV	SCHI
30 Days	1.65%	1.56%
60 Days	4.42%	4.72%
90 Days	6.22%	5.26%
12 Months	28.38%	14.18%

76 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in SCHI	Overlap
AAPL	C	5.17%	0.06%	0.06%
ABBV	C	1.11%	0.09%	0.09%
ABT	C	0.91%	0.03%	0.03%
ADC	C	0.51%	0.03%	0.03%
ADI	C	0.17%	0.03%	0.03%
ADP	B	0.85%	0.05%	0.05%
AEE	A	0.53%	0.01%	0.01%
AEP	C	0.56%	0.01%	0.01%
AIZ	B	0.76%	0.02%	0.02%
ALL	B	0.61%	0.02%	0.02%
AMGN	B	0.83%	0.06%	0.06%
AMZN	C	2.25%	0.06%	0.06%
AVGO	C	0.39%	0.03%	0.03%
AVY	D	0.69%	0.02%	0.02%
AZO	D	0.55%	0.01%	0.01%
CAG	C	0.15%	0.04%	0.04%
CB	B	0.73%	0.06%	0.06%
CHRW	A	0.46%	0.05%	0.05%
CME	C	0.88%	0.03%	0.03%
CMS	B	0.54%	0.01%	0.01%
CTRA	D	0.5%	0.03%	0.03%
CTVA	B	0.59%	0.03%	0.03%
DLR	B	0.58%	0.03%	0.03%
DOX	C	0.77%	0.04%	0.04%
DUK	B	0.91%	0.01%	0.01%
EA	D	0.2%	0.03%	0.03%
ED	C	0.83%	0.01%	0.01%
EQIX	B	0.61%	0.01%	0.01%
FLO	C	0.51%	0.04%	0.04%
GD	B	0.64%	0.03%	0.03%
GILD	B	1.02%	0.04%	0.04%
GIS	B	0.84%	0.03%	0.03%
GOOGL	D	0.81%	0.06%	0.06%
HII	D	0.5%	0.02%	0.02%
HRL	D	0.42%	0.03%	0.03%
HSY	D	0.51%	0.02%	0.02%
IBM	A	1.82%	0.02%	0.02%
JNJ	C	1.84%	0.04%	0.04%
JPM	D	0.19%	0.04%	0.04%
K	A	0.77%	0.03%	0.03%
L	D	0.1%	0.02%	0.02%
LIN	B	0.19%	0.03%	0.03%
LLY	C	2.81%	0.01%	0.01%
LMT	B	1.12%	0.01%	0.01%
MCD	B	1.95%	0.03%	0.03%
MCK	F	0.29%	0.01%	0.01%
MKL	C	0.5%	0.01%	0.01%
MMC	C	0.05%	0.05%	0.05%
MRK	D	2.74%	0.03%	0.03%
MSFT	C	8.11%	0.23%	0.23%
NFG	B	0.37%	0.01%	0.01%
NOC	A	0.63%	0.06%	0.06%
NVDA	D	4.47%	0.07%	0.07%
PEP	D	1.62%	0.03%	0.03%
PG	C	3.26%	0.03%	0.03%
PKG	B	0.56%	0.06%	0.06%
PM	C	0.2%	0.02%	0.02%
PNW	B	0.51%	0.02%	0.02%
PSA	B	0.91%	0.03%	0.03%
REGN	C	0.69%	0.06%	0.06%
ROP	C	0.14%	0.01%	0.01%
RSG	D	0.56%	0.0%	0.0%
SO	A	0.7%	0.01%	0.01%
SON	D	0.53%	0.02%	0.02%
T	C	1.41%	0.07%	0.07%
TMUS	C	0.96%	0.1%	0.1%
TSCO	C	0.49%	0.04%	0.04%
TXN	C	0.87%	0.05%	0.05%
UNH	C	0.07%	0.03%	0.03%
V	C	2.1%	0.01%	0.01%
VRSK	D	0.37%	0.05%	0.05%
VZ	B	1.7%	0.01%	0.01%
WEC	B	0.81%	0.01%	0.01%
WM	D	0.63%	0.03%	0.03%
XEL	B	0.58%	0.01%	0.01%
XOM	D	1.11%	0.05%	0.05%

QLV Overweight 38 Positions Relative to SCHI

Symbol	Grade	Weight
META	A	1.24%
WTW	C	0.8%
ATR	B	0.8%
CHE	C	0.78%
RGLD	B	0.78%
CHKP	A	0.78%
TYL	C	0.77%
WDFC	C	0.75%
QLYS	F	0.74%
SMMT	C	0.73%
LSTR	F	0.73%
QGEN	C	0.72%
STNG	F	0.71%
TRV	B	0.62%
BRK.A	C	0.58%
GOOG	D	0.57%
ZM	C	0.57%
WCN	D	0.56%
JKHY	C	0.54%
CINF	C	0.54%
TTEK	C	0.53%
WRB	C	0.52%
CALM	A	0.51%
BAH	B	0.51%
SIGI	D	0.51%
DTM	A	0.5%
SCI	C	0.5%
NBIX	F	0.42%
BMRN	F	0.4%
SLGN	B	0.32%
CRUS	D	0.32%
BMI	B	0.28%
DDS	D	0.26%
SQSP	A	0.24%
ALKS	C	0.19%
NCNO	D	0.1%
CWAN	B	0.08%
EXPD	C	0.03%

QLV Underweight 395 Positions Relative to SCHI

Symbol	Grade	Weight
DT	C	-0.26%
DD	B	-0.13%
TSN	D	-0.13%
AMAT	D	-0.11%
AXP	B	-0.11%
MS	C	-0.11%
EQH	C	-0.1%
TD	A	-0.09%
LDOS	B	-0.09%
NOW	A	-0.08%
CAH	C	-0.08%
KEY	B	-0.08%
MRO	C	-0.07%
DLTR	F	-0.07%
ARCC	B	-0.07%
KOF	D	-0.07%
BWA	D	-0.07%
TT	A	-0.07%
QRVO	F	-0.07%
BMO	C	-0.07%
BIIB	F	-0.07%
CRM	D	-0.07%
NXPI	D	-0.07%
BABA	B	-0.07%
XRAY	D	-0.06%
INTU	C	-0.06%
KLAC	D	-0.06%
CNO	A	-0.06%
SLB	F	-0.06%
HAL	F	-0.06%
JD	C	-0.06%
BIDU	F	-0.06%
LH	C	-0.06%
CHTR	D	-0.06%
INTC	F	-0.06%
HCA	A	-0.06%
DB	B	-0.06%
NWG	C	-0.06%
GE	A	-0.06%
HSBC	B	-0.06%
VRSN	D	-0.05%
STE	C	-0.05%
GP	D	-0.05%
DHR	C	-0.05%
NVR	B	-0.05%
URI	B	-0.05%
EMN	B	-0.05%
BDN	C	-0.05%
ZBH	F	-0.05%
ADM	D	-0.05%
OC	D	-0.05%
CTAS	C	-0.05%
CMI	C	-0.05%
MOS	F	-0.05%
DGX	C	-0.05%
TRMB	C	-0.05%
LEN	C	-0.05%
LRCX	F	-0.05%
HES	D	-0.05%
MET	A	-0.05%
PWR	B	-0.05%
EFX	C	-0.05%
FITB	B	-0.05%
MAS	B	-0.05%
EPR	B	-0.05%
TGT	C	-0.05%
O	C	-0.05%
ADBE	F	-0.05%
COF	A	-0.05%
AMCR	C	-0.05%
GPN	D	-0.05%
GSK	D	-0.05%
AER	B	-0.05%
VOD	C	-0.05%
GS	C	-0.05%
RJF	C	-0.04%
FHN	D	-0.04%
SWX	C	-0.04%
BNS	A	-0.04%
RYN	C	-0.04%
UHS	B	-0.04%
LVS	D	-0.04%
INGR	B	-0.04%
IEX	D	-0.04%
RL	B	-0.04%
TPR	C	-0.04%
ITW	C	-0.04%
ETN	C	-0.04%
DAL	C	-0.04%
PNR	B	-0.04%
BC	C	-0.04%
JCI	B	-0.04%
CUBE	B	-0.04%
EOG	D	-0.04%
NEM	B	-0.04%
EXP	B	-0.04%
GXO	D	-0.04%
PSX	D	-0.04%
RPRX	D	-0.04%
FLEX	C	-0.04%
PAA	C	-0.04%
CPT	B	-0.04%
NI	B	-0.04%
VLO	F	-0.04%
EMR	D	-0.04%
MU	F	-0.04%
WAB	A	-0.04%
BHF	D	-0.04%
MPLX	B	-0.04%
OTIS	C	-0.04%
USB	B	-0.04%
SYF	C	-0.04%
LOW	A	-0.04%
MO	C	-0.04%
QCOM	F	-0.04%
PFE	C	-0.04%
CMCSA	D	-0.04%
BMY	C	-0.04%
SITC	D	-0.03%
PPL	B	-0.03%
SCS	D	-0.03%
IFF	C	-0.03%
PHM	B	-0.03%
KEX	C	-0.03%
MDT	C	-0.03%
BEN	F	-0.03%
INVH	C	-0.03%
NHI	C	-0.03%
DHI	C	-0.03%
RS	D	-0.03%
BNL	B	-0.03%
SNX	D	-0.03%
WPC	C	-0.03%
BRO	C	-0.03%
HP	D	-0.03%
AVT	C	-0.03%
SWKS	F	-0.03%
KSS	F	-0.03%
AAT	B	-0.03%
HIG	B	-0.03%
SKT	A	-0.03%
JNPR	A	-0.03%
CBOE	C	-0.03%
DRI	B	-0.03%
LNC	D	-0.03%
HIW	B	-0.03%
MCY	D	-0.03%
NUE	F	-0.03%
CMA	A	-0.03%
EW	F	-0.03%
BKU	D	-0.03%
NOV	D	-0.03%
NDAQ	A	-0.03%
IPG	C	-0.03%
MAA	C	-0.03%
ZTS	C	-0.03%
PGR	A	-0.03%
NSC	C	-0.03%
WY	C	-0.03%
FNF	B	-0.03%
TJX	C	-0.03%
ESGR	D	-0.03%
BRX	B	-0.03%
AES	C	-0.03%
HBAN	B	-0.03%
HST	C	-0.03%
APH	C	-0.03%
CAT	B	-0.03%
FMC	C	-0.03%
WELL	C	-0.03%
HAS	B	-0.03%
LHX	C	-0.03%
CSX	D	-0.03%
VNT	F	-0.03%
NTRS	B	-0.03%
BSX	B	-0.03%
AON	B	-0.03%
BAX	C	-0.03%
BR	D	-0.03%
OMC	B	-0.03%
TDY	C	-0.03%
STT	B	-0.03%
EL	F	-0.03%
SYY	D	-0.03%
ICE	C	-0.03%
BLK	B	-0.03%
BG	D	-0.03%
SPG	A	-0.03%
MDLZ	C	-0.03%
OHI	C	-0.03%
FANG	D	-0.03%
EXPE	C	-0.03%
KR	C	-0.03%
NKE	D	-0.03%
CVX	D	-0.03%
PNC	A	-0.03%
SHW	B	-0.03%
FIS	B	-0.03%
PYPL	B	-0.03%
EBAY	B	-0.03%
HD	A	-0.03%
BXP	B	-0.03%
FOXA	B	-0.03%
BDX	F	-0.03%
AZN	D	-0.03%
WMT	B	-0.03%
MUFG	D	-0.03%
ORCL	B	-0.03%
CI	C	-0.03%
C	D	-0.03%
BAC	D	-0.03%
CVS	F	-0.03%
PDM	C	-0.02%
SAVE	F	-0.02%
R	B	-0.02%
DOV	B	-0.02%
AMG	C	-0.02%
ALLE	C	-0.02%
CBT	B	-0.02%
WBS	D	-0.02%
AGR	B	-0.02%
ACGL	B	-0.02%
LEG	D	-0.02%
APTV	D	-0.02%
AFG	B	-0.02%
SBRA	C	-0.02%
GPC	D	-0.02%
NVT	D	-0.02%
ROST	C	-0.02%
AYI	A	-0.02%
HUBB	A	-0.02%
NEU	D	-0.02%
EXR	B	-0.02%
SAFE	C	-0.02%
EPRT	A	-0.02%
OCSL	F	-0.02%
ILMN	C	-0.02%
WTRG	D	-0.02%
KMT	B	-0.02%
LXP	C	-0.02%
VNO	B	-0.02%
FLS	D	-0.02%
AGO	C	-0.02%
WBA	F	-0.02%
RNR	B	-0.02%
ARW	C	-0.02%
SNA	C	-0.02%
TEL	D	-0.02%
SF	A	-0.02%
UNM	B	-0.02%
TKR	D	-0.02%
DOC	C	-0.02%
OSK	D	-0.02%
ATO	B	-0.02%
REXR	C	-0.02%
ROK	F	-0.02%
CNA	D	-0.02%
XYL	D	-0.02%
SUI	C	-0.02%
SJM	C	-0.02%
TXT	D	-0.02%
WHR	C	-0.02%
FRT	C	-0.02%
CLX	C	-0.02%
NNN	C	-0.02%
ADSK	C	-0.02%
RPM	B	-0.02%
CNP	D	-0.02%
REG	C	-0.02%
LNT	B	-0.02%
AXS	B	-0.02%
H	C	-0.02%
CP	C	-0.02%
PEG	A	-0.02%
LYB	F	-0.02%
JBL	D	-0.02%
EQR	C	-0.02%
UDR	C	-0.02%
ARE	C	-0.02%
ESS	C	-0.02%
HUN	D	-0.02%
MPC	D	-0.02%
BBY	C	-0.02%
FAF	C	-0.02%
AN	D	-0.02%
EIX	C	-0.02%
DTE	B	-0.02%
NTAP	D	-0.02%
KRC	B	-0.02%
VFC	C	-0.02%
OKE	B	-0.02%
HUM	F	-0.02%
CFG	C	-0.02%
VMC	D	-0.02%
AFL	C	-0.02%
DVN	D	-0.02%
GL	C	-0.02%
MLM	D	-0.02%
GLPI	C	-0.02%
WRK	C	-0.02%
MCO	A	-0.02%
DG	F	-0.02%
RGA	B	-0.02%
STZ	D	-0.02%
CPB	B	-0.02%
PPG	D	-0.02%
KEYS	C	-0.02%
FDX	F	-0.02%
EVRG	B	-0.02%
JEF	B	-0.02%
SWK	B	-0.02%
MMM	A	-0.02%
SPGI	A	-0.02%
TMO	C	-0.02%
CSL	B	-0.02%
PRU	C	-0.02%
PH	A	-0.02%
MKC	C	-0.02%
UPS	F	-0.02%
HPQ	D	-0.02%
ORLY	D	-0.02%
EPD	B	-0.02%
PLD	C	-0.02%
APD	B	-0.02%
MRVL	C	-0.02%
DFS	B	-0.02%
BK	A	-0.02%
UNP	C	-0.02%
WMB	B	-0.02%
DOW	D	-0.02%
SRE	B	-0.02%
HON	D	-0.02%
AMT	C	-0.02%
KMI	A	-0.02%
BKNG	B	-0.02%
CCI	C	-0.02%
COP	D	-0.02%
NEE	C	-0.02%
AIG	D	-0.02%
MA	B	-0.02%
CARR	B	-0.02%
DELL	C	-0.02%
KDP	B	-0.02%
COST	B	-0.02%
DIS	D	-0.02%
UAL	C	-0.02%
BA	F	-0.02%
VOYA	B	-0.01%
CHD	C	-0.01%
MHK	C	-0.01%
OGS	B	-0.01%
KMPR	D	-0.01%
LII	B	-0.01%
WU	D	-0.01%
THG	C	-0.01%
LEA	F	-0.01%
OGE	B	-0.01%
PSEC	C	-0.01%
HR	C	-0.01%
KIM	C	-0.01%
PRE	F	-0.01%
BKH	B	-0.01%
HRB	C	-0.01%
CHH	C	-0.01%
PFG	B	-0.01%
STLD	D	-0.01%
AAP	F	-0.01%
HPP	F	-0.01%
AAL	D	-0.01%
AMH	C	-0.01%
A	C	-0.01%
ETR	A	-0.01%
AVB	C	-0.01%
VTR	C	-0.01%
AL	D	-0.01%
AWK	C	-0.01%
SCHW	D	-0.01%
KMB	D	-0.01%
LAZ	A	-0.01%
D	B	-0.01%
DE	B	-0.01%
EXC	B	-0.01%
MAR	C	-0.01%
ECL	A	-0.01%
SYK	C	-0.01%
GM	B	-0.01%
SBUX	C	-0.01%
KO	B	-0.01%
ES	C	-0.01%
LUV	C	-0.01%
MSI	B	-0.01%
TFC	D	-0.01%
PCG	B	-0.01%
WFC	D	-0.01%
RTX	C	-0.01%