QLV vs. SIXL ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to 6 Meridian Low Beta Equity Strategy ETF (SIXL)

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

SIXL

6 Meridian Low Beta Equity Strategy ETF

SIXL Description

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. The equity securities in which it invests are mainly common stocks. The fund may invest in equity securities of companies of any capitalization. It also may invest in real estate investment trusts (REITs).

Grade (RS Rating)

Last Trade

$37.23

Average Daily Volume

4,662

Number of Holdings ^*

239

* may have additional holdings in another (foreign) market

Performance

Period	QLV	SIXL
30 Days	1.63%	1.55%
60 Days	4.53%	5.21%
90 Days	5.65%	9.12%
12 Months	25.53%	18.24%

52 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in SIXL	Overlap
ABBV	C	1.15%	0.43%	0.43%
ABT	C	0.95%	0.43%	0.43%
ADC	C	0.54%	0.42%	0.42%
AEE	B	0.55%	0.42%	0.42%
AEP	B	0.59%	0.42%	0.42%
ALKS	C	0.19%	0.42%	0.19%
ALL	A	0.61%	0.41%	0.41%
ATR	B	0.8%	0.41%	0.41%
BMRN	F	0.48%	0.42%	0.42%
CAG	B	0.16%	0.42%	0.16%
CALM	B	0.48%	0.42%	0.42%
CB	B	0.76%	0.42%	0.42%
CHE	C	0.78%	0.42%	0.42%
CME	C	0.92%	0.41%	0.41%
CMS	A	0.55%	0.42%	0.42%
DTM	B	0.5%	0.41%	0.41%
DUK	C	0.95%	0.42%	0.42%
ED	C	0.87%	0.42%	0.42%
FLO	C	0.51%	0.41%	0.41%
GILD	B	0.98%	0.43%	0.43%
GIS	B	0.86%	0.41%	0.41%
HRL	C	0.44%	0.41%	0.41%
HSY	C	0.54%	0.42%	0.42%
JNJ	B	1.9%	0.42%	0.42%
K	A	0.79%	0.41%	0.41%
LMT	C	1.17%	0.42%	0.42%
MCK	F	0.3%	0.42%	0.3%
MMC	C	0.06%	0.42%	0.06%
MRK	D	2.76%	0.41%	0.41%
NBIX	F	0.43%	0.41%	0.41%
NFG	B	0.37%	0.43%	0.37%
NOC	B	0.65%	0.42%	0.42%
PEP	C	1.69%	0.42%	0.42%
PG	C	3.43%	0.42%	0.42%
PM	C	0.21%	0.42%	0.21%
PNW	B	0.53%	0.42%	0.42%
RSG	D	0.58%	0.42%	0.42%
SIGI	C	0.51%	0.41%	0.41%
SO	B	0.72%	0.42%	0.42%
T	B	1.45%	0.43%	0.43%
TMUS	C	0.96%	0.42%	0.42%
TRV	B	0.64%	0.42%	0.42%
UNH	C	0.07%	0.42%	0.07%
VRSK	D	0.39%	0.42%	0.39%
VZ	B	1.7%	0.44%	0.44%
WDFC	B	0.76%	0.41%	0.41%
WEC	B	0.84%	0.42%	0.42%
WM	D	0.66%	0.42%	0.42%
WRB	C	0.55%	0.41%	0.41%
WTW	B	0.83%	0.42%	0.42%
XEL	A	0.59%	0.42%	0.42%
XOM	D	1.13%	0.41%	0.41%

QLV Overweight 62 Positions Relative to SIXL

Symbol	Grade	Weight
MSFT	C	7.68%
AAPL	D	5.11%
NVDA	D	4.13%
LLY	C	2.85%
V	B	2.15%
AMZN	C	2.13%
MCD	C	1.97%
IBM	B	1.77%
META	A	1.14%
PSA	B	0.91%
ADP	B	0.87%
TXN	C	0.87%
AMGN	B	0.82%
TYL	C	0.8%
CHKP	C	0.79%
RGLD	B	0.77%
DOX	C	0.77%
AIZ	B	0.77%
GOOGL	D	0.76%
QGEN	B	0.75%
QLYS	F	0.74%
LSTR	D	0.74%
AVY	D	0.72%
REGN	C	0.71%
STNG	D	0.71%
GD	B	0.64%
SMMT	C	0.62%
EQIX	B	0.59%
WCN	D	0.59%
BRK.A	C	0.59%
AZO	D	0.58%
ZM	C	0.58%
CTVA	B	0.57%
CINF	B	0.56%
DLR	B	0.56%
JKHY	B	0.54%
SON	C	0.54%
PKG	B	0.54%
TTEK	C	0.53%
GOOG	D	0.53%
BAH	B	0.51%
HII	C	0.51%
SCI	B	0.51%
MKL	C	0.5%
TSCO	C	0.5%
CTRA	F	0.49%
CHRW	B	0.46%
CRUS	D	0.36%
AVGO	C	0.34%
SLGN	B	0.32%
DDS	D	0.25%
BMI	B	0.25%
SQSP	A	0.24%
EA	D	0.21%
JPM	D	0.2%
LIN	B	0.19%
ADI	D	0.16%
ROP	C	0.14%
L	B	0.11%
NCNO	D	0.1%
CWAN	A	0.07%
EXPD	B	0.03%

QLV Underweight 187 Positions Relative to SIXL

Symbol	Grade	Weight
CPRI	D	-0.45%
NEU	D	-0.44%
LQDT	B	-0.44%
OLLI	C	-0.44%
KELYA	D	-0.43%
MUSA	C	-0.43%
SMPL	D	-0.43%
SFM	B	-0.43%
AMT	C	-0.43%
TR	C	-0.43%
WMT	B	-0.43%
RHI	D	-0.43%
INCY	C	-0.43%
MASI	D	-0.43%
ARMK	B	-0.43%
MANH	B	-0.43%
AWR	B	-0.43%
ATO	B	-0.43%
EXEL	B	-0.43%
AMED	C	-0.42%
ERIE	A	-0.42%
PGR	A	-0.42%
MMSI	B	-0.42%
FE	C	-0.42%
INGR	A	-0.42%
CNC	C	-0.42%
THG	A	-0.42%
KNSL	C	-0.42%
CASY	D	-0.42%
LHX	D	-0.42%
PPL	C	-0.42%
GTY	B	-0.42%
LOPE	D	-0.42%
HRB	C	-0.42%
CBOE	C	-0.42%
ELV	C	-0.42%
EPRT	A	-0.42%
NPK	C	-0.42%
RYAN	C	-0.42%
AFG	B	-0.42%
HOLX	B	-0.42%
ADUS	B	-0.42%
AVA	B	-0.42%
KO	B	-0.42%
UTL	B	-0.42%
ALE	A	-0.42%
FCN	C	-0.42%
RLI	B	-0.42%
CXW	F	-0.42%
AVAV	D	-0.42%
VIRT	B	-0.42%
NWN	B	-0.42%
CHD	C	-0.42%
MO	C	-0.42%
ACGL	B	-0.42%
CACI	B	-0.42%
LTC	B	-0.42%
CW	B	-0.42%
BRC	B	-0.42%
BOX	B	-0.42%
ORLY	B	-0.42%
KDP	A	-0.42%
NNN	B	-0.42%
OGE	B	-0.42%
DT	C	-0.42%
MORN	C	-0.42%
EVRG	A	-0.42%
MKC	B	-0.42%
DBX	D	-0.42%
DLB	D	-0.42%
CI	C	-0.42%
AMH	C	-0.42%
CWT	C	-0.42%
FCPT	A	-0.42%
UFCS	D	-0.42%
WPC	B	-0.42%
DVAX	D	-0.42%
BRBR	B	-0.42%
MOH	C	-0.42%
AJG	C	-0.42%
RTX	C	-0.42%
GLPI	B	-0.42%
OHI	A	-0.42%
PECO	B	-0.42%
MGEE	B	-0.42%
RBA	C	-0.42%
BJ	D	-0.42%
ENSG	C	-0.42%
SNDR	B	-0.42%
CPK	B	-0.42%
FHI	A	-0.42%
NWE	A	-0.42%
DFIN	B	-0.42%
VRRM	D	-0.42%
DTE	B	-0.42%
ELS	C	-0.42%
NJR	B	-0.42%
INVA	B	-0.42%
SJW	C	-0.42%
WTRG	D	-0.42%
CAH	C	-0.42%
WWD	D	-0.42%
MSA	C	-0.42%
BG	D	-0.41%
WEN	C	-0.41%
WU	D	-0.41%
ATEN	C	-0.41%
HQY	C	-0.41%
KBR	D	-0.41%
COP	D	-0.41%
UVV	D	-0.41%
NABL	D	-0.41%
LRN	B	-0.41%
MGY	C	-0.41%
PLMR	B	-0.41%
CCK	A	-0.41%
CHRD	F	-0.41%
AGO	C	-0.41%
AMBC	F	-0.41%
TKO	B	-0.41%
SAFT	C	-0.41%
SPTN	C	-0.41%
THS	C	-0.41%
RGA	B	-0.41%
TXRH	D	-0.41%
EOG	D	-0.41%
SPNT	C	-0.41%
SUPN	C	-0.41%
FIZZ	D	-0.41%
CL	C	-0.41%
UTHR	C	-0.41%
KHC	C	-0.41%
RNR	B	-0.41%
PRI	B	-0.41%
AMSF	C	-0.41%
JJSF	C	-0.41%
POST	C	-0.41%
NYT	C	-0.41%
MCRI	B	-0.41%
LANC	D	-0.41%
STRA	D	-0.41%
KMB	D	-0.41%
AFL	B	-0.41%
RGR	F	-0.41%
AM	B	-0.41%
HSTM	C	-0.41%
BGC	B	-0.41%
MDLZ	B	-0.41%
CVX	D	-0.41%
ETR	A	-0.41%
ATGE	D	-0.41%
EIG	B	-0.41%
MSGS	B	-0.41%
CHK	D	-0.41%
X	D	-0.41%
PDCO	F	-0.41%
PRDO	D	-0.41%
ORI	A	-0.41%
PRGS	C	-0.41%
DGX	B	-0.41%
JAZZ	D	-0.41%
SRE	B	-0.41%
JNPR	A	-0.41%
EHC	B	-0.41%
UNM	B	-0.41%
BWXT	D	-0.41%
KR	B	-0.41%
EZPW	D	-0.4%
COKE	C	-0.4%
FDP	B	-0.4%
COLL	B	-0.4%
PBH	B	-0.4%
PINC	C	-0.4%
JBSS	D	-0.4%
HCI	C	-0.4%
HMN	C	-0.4%
RAMP	F	-0.4%
MCY	C	-0.4%
ITGR	B	-0.4%
NHC	D	-0.4%
CVI	F	-0.39%
EPC	F	-0.39%
LPG	F	-0.39%
SAM	F	-0.39%
PPC	D	-0.39%
CLW	F	-0.39%
ANIP	D	-0.38%