QLV vs. VALQ ETF Comparison

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

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

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ 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 Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$60.67

Average Daily Volume

7,224

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

Performance

Period	QLV	VALQ
30 Days	1.63%	2.55%
60 Days	4.53%	5.08%
90 Days	5.65%	6.37%
12 Months	25.53%	24.67%

33 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in VALQ	Overlap
AAPL	D	5.11%	2.7%	2.7%
ABBV	C	1.15%	2.09%	1.15%
AIZ	B	0.77%	0.09%	0.09%
ALKS	C	0.19%	0.09%	0.09%
ALL	A	0.61%	0.09%	0.09%
AMZN	C	2.13%	2.01%	2.01%
AVGO	C	0.34%	0.08%	0.08%
BMI	B	0.25%	0.09%	0.09%
BRK.A	C	0.59%	0.09%	0.09%
CAG	B	0.16%	0.1%	0.1%
CRUS	D	0.36%	0.24%	0.24%
DDS	D	0.25%	0.13%	0.13%
DOX	C	0.77%	0.72%	0.72%
EA	D	0.21%	0.09%	0.09%
EXPD	B	0.03%	0.09%	0.03%
FLO	C	0.51%	0.26%	0.26%
GILD	B	0.98%	0.1%	0.1%
GIS	B	0.86%	0.09%	0.09%
GOOGL	D	0.76%	0.55%	0.55%
IBM	B	1.77%	2.13%	1.77%
JKHY	B	0.54%	0.09%	0.09%
JNJ	B	1.9%	0.09%	0.09%
K	A	0.79%	0.09%	0.09%
L	B	0.11%	0.09%	0.09%
LMT	C	1.17%	0.1%	0.1%
MCK	F	0.3%	0.08%	0.08%
META	A	1.14%	0.09%	0.09%
MSFT	C	7.68%	0.27%	0.27%
PG	C	3.43%	1.21%	1.21%
PKG	B	0.54%	0.09%	0.09%
QLYS	F	0.74%	0.24%	0.24%
TXN	C	0.87%	1.53%	0.87%
ZM	C	0.58%	0.32%	0.32%

QLV Overweight 81 Positions Relative to VALQ

Symbol	Grade	Weight
NVDA	D	4.13%
LLY	C	2.85%
MRK	D	2.76%
V	B	2.15%
MCD	C	1.97%
VZ	B	1.7%
PEP	C	1.69%
T	B	1.45%
XOM	D	1.13%
TMUS	C	0.96%
DUK	C	0.95%
ABT	C	0.95%
CME	C	0.92%
PSA	B	0.91%
ADP	B	0.87%
ED	C	0.87%
WEC	B	0.84%
WTW	B	0.83%
AMGN	B	0.82%
ATR	B	0.8%
TYL	C	0.8%
CHKP	C	0.79%
CHE	C	0.78%
RGLD	B	0.77%
CB	B	0.76%
WDFC	B	0.76%
QGEN	B	0.75%
LSTR	D	0.74%
AVY	D	0.72%
SO	B	0.72%
REGN	C	0.71%
STNG	D	0.71%
WM	D	0.66%
NOC	B	0.65%
TRV	B	0.64%
GD	B	0.64%
SMMT	C	0.62%
AEP	B	0.59%
XEL	A	0.59%
EQIX	B	0.59%
WCN	D	0.59%
AZO	D	0.58%
RSG	D	0.58%
CTVA	B	0.57%
CINF	B	0.56%
DLR	B	0.56%
WRB	C	0.55%
AEE	B	0.55%
CMS	A	0.55%
ADC	C	0.54%
HSY	C	0.54%
SON	C	0.54%
PNW	B	0.53%
TTEK	C	0.53%
GOOG	D	0.53%
BAH	B	0.51%
SIGI	C	0.51%
HII	C	0.51%
SCI	B	0.51%
DTM	B	0.5%
MKL	C	0.5%
TSCO	C	0.5%
CTRA	F	0.49%
CALM	B	0.48%
BMRN	F	0.48%
CHRW	B	0.46%
HRL	C	0.44%
NBIX	F	0.43%
VRSK	D	0.39%
NFG	B	0.37%
SLGN	B	0.32%
SQSP	A	0.24%
PM	C	0.21%
JPM	D	0.2%
LIN	B	0.19%
ADI	D	0.16%
ROP	C	0.14%
NCNO	D	0.1%
UNH	C	0.07%
CWAN	A	0.07%
MMC	C	0.06%

QLV Underweight 208 Positions Relative to VALQ

Symbol	Grade	Weight
TEL	D	-2.59%
KMB	D	-2.26%
CMCSA	D	-2.21%
WMT	B	-2.17%
CL	C	-2.12%
MSI	C	-2.11%
KO	B	-2.03%
EBAY	B	-1.94%
HD	B	-1.9%
INGR	A	-1.87%
CTAS	C	-1.84%
VLTO	C	-1.76%
SPG	B	-1.73%
NFLX	B	-1.7%
HPQ	D	-1.68%
CLX	C	-1.66%
ETN	C	-1.59%
APH	D	-1.57%
TGT	C	-1.51%
JLL	B	-1.5%
LYB	F	-1.38%
MAS	B	-1.28%
BBY	B	-1.25%
UBER	C	-1.23%
GPC	D	-1.09%
MTD	D	-1.05%
TOL	B	-1.04%
OTIS	D	-1.02%
OC	C	-0.99%
ITW	B	-0.89%
CAH	C	-0.84%
CTSH	C	-0.8%
SFM	B	-0.78%
CI	C	-0.77%
LECO	F	-0.77%
BMY	C	-0.73%
TPR	C	-0.69%
PYPL	B	-0.68%
SEIC	B	-0.66%
CSCO	B	-0.64%
NVT	D	-0.61%
IVZ	C	-0.61%
HRB	C	-0.61%
DCI	D	-0.59%
MO	C	-0.58%
ALLE	B	-0.57%
REYN	C	-0.56%
QCOM	D	-0.54%
NYT	C	-0.54%
ECL	B	-0.48%
MTG	B	-0.45%
FFIV	A	-0.45%
NTAP	D	-0.42%
CBT	B	-0.41%
AYI	B	-0.41%
HUBB	B	-0.38%
AMCR	C	-0.36%
ARW	C	-0.36%
G	C	-0.35%
SHW	B	-0.34%
DBX	D	-0.34%
AZEK	C	-0.32%
WSM	C	-0.31%
FLS	D	-0.3%
NOVT	D	-0.3%
SM	D	-0.28%
GWW	B	-0.28%
NEU	D	-0.26%
NSIT	C	-0.25%
JBL	D	-0.24%
MPC	D	-0.24%
DOCU	C	-0.24%
PH	B	-0.23%
TT	B	-0.23%
UHS	B	-0.22%
COLM	B	-0.21%
KR	B	-0.21%
DVA	B	-0.2%
FICO	A	-0.2%
LEN	B	-0.19%
CAT	C	-0.19%
TJX	C	-0.18%
ADSK	B	-0.18%
ORI	A	-0.18%
IDXX	C	-0.17%
SYY	D	-0.17%
BRBR	B	-0.17%
LAMR	A	-0.17%
ROST	C	-0.17%
WING	B	-0.16%
JEF	B	-0.16%
DPZ	F	-0.16%
PPG	C	-0.16%
LFUS	D	-0.15%
AMKR	F	-0.15%
CR	C	-0.15%
ANF	D	-0.14%
GAP	F	-0.14%
UTHR	C	-0.13%
DKS	D	-0.13%
EME	B	-0.11%
GL	C	-0.11%
EXEL	B	-0.11%
ALSN	B	-0.11%
MMM	B	-0.11%
SWKS	F	-0.11%
FDX	C	-0.1%
HIG	A	-0.1%
RMD	C	-0.1%
EXPE	C	-0.1%
ADBE	D	-0.1%
THC	B	-0.1%
AXS	B	-0.1%
APP	B	-0.09%
AXTA	C	-0.09%
TXT	D	-0.09%
SWK	B	-0.09%
IGT	D	-0.09%
KEYS	C	-0.09%
DLB	D	-0.09%
TRMB	C	-0.09%
SNA	B	-0.09%
FOXA	B	-0.09%
FIZZ	D	-0.09%
NVR	B	-0.09%
BERY	B	-0.09%
USFD	B	-0.09%
RHI	D	-0.09%
EG	B	-0.09%
PHM	B	-0.09%
INCY	C	-0.09%
CACI	B	-0.09%
MANH	B	-0.09%
BYD	C	-0.09%
RL	B	-0.09%
AMG	C	-0.09%
RGA	B	-0.09%
STT	A	-0.09%
SSNC	B	-0.09%
INFA	D	-0.09%
LDOS	C	-0.09%
ELV	C	-0.09%
TSN	C	-0.09%
NTRS	B	-0.09%
UNM	B	-0.09%
EHC	B	-0.09%
CCK	A	-0.09%
CPB	B	-0.09%
PEGA	C	-0.09%
BKNG	B	-0.09%
VRSN	D	-0.09%
OMC	A	-0.09%
BK	A	-0.09%
SYF	C	-0.09%
TAP	C	-0.09%
FTNT	C	-0.09%
WTS	C	-0.09%
DGX	B	-0.09%
POST	C	-0.09%
PGR	A	-0.09%
EPAM	D	-0.09%
FIS	B	-0.09%
SAIC	C	-0.09%
LRCX	F	-0.08%
CROX	C	-0.08%
KLAC	D	-0.08%
AMAT	D	-0.08%
AN	D	-0.08%
PVH	F	-0.08%
OMF	C	-0.08%
PARA	F	-0.08%
STLD	D	-0.08%
CNC	C	-0.08%
QRVO	F	-0.08%
CMC	D	-0.08%
GDDY	C	-0.08%
TER	D	-0.08%
EEFT	D	-0.08%
GM	B	-0.08%
VMI	D	-0.08%
CHTR	D	-0.08%
BWA	D	-0.08%
SKX	C	-0.08%
TKR	D	-0.08%
VLO	D	-0.08%
TMHC	B	-0.08%
CSL	C	-0.08%
KBH	B	-0.08%
JAZZ	D	-0.08%
MMS	D	-0.08%
ADTN	F	-0.08%
MSM	D	-0.08%
TWLO	D	-0.08%
NXST	D	-0.08%
IQV	C	-0.08%
COKE	C	-0.08%
TROW	D	-0.08%
TXRH	D	-0.08%
MLI	B	-0.08%
MHK	B	-0.08%
MAT	C	-0.08%
AIT	C	-0.08%
AKAM	D	-0.08%
AOS	C	-0.08%
EVR	B	-0.08%
ALLY	F	-0.07%
HPE	D	-0.07%
MEDP	D	-0.07%