QLV vs. VEGN ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to US Vegan Climate Index (VEGN)

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

$67.22

Average Daily Volume

10,357

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

VEGN

US Vegan Climate Index

VEGN Description

The investment seeks to track the performance, before fees and expenses, of the Beyond Investing US Vegan Climate Index. The index's construction begins with the constituents of the Solactive US Large Cap Index, consisting of approximately 500 of the largest U.S.-listed companies. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.

Grade (RS Rating)

Last Trade

$54.74

Average Daily Volume

6,407

Number of Holdings ^*

252

* may have additional holdings in another (foreign) market

Performance

Period	QLV	VEGN
30 Days	0.23%	6.25%
60 Days	1.42%	7.15%
90 Days	3.24%	9.60%
12 Months	25.29%	35.44%

32 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in VEGN	Overlap
AAPL	C	5.13%	4.67%	4.67%
ADP	B	0.92%	0.52%	0.52%
ALL	A	0.62%	0.22%	0.22%
AVGO	D	0.4%	4.06%	0.4%
CB	C	0.72%	0.48%	0.48%
CINF	A	0.59%	0.1%	0.1%
CME	A	0.91%	0.34%	0.34%
EA	A	0.23%	0.19%	0.19%
EQIX	A	0.62%	0.36%	0.36%
EXPD	D	0.03%	0.07%	0.03%
GOOG	C	0.62%	1.94%	0.62%
GOOGL	C	0.87%	1.94%	0.87%
IBM	C	1.77%	1.83%	1.77%
JKHY	D	0.53%	0.05%	0.05%
MCK	B	0.35%	0.34%	0.34%
MKL	A	0.54%	0.09%	0.09%
MMC	B	0.05%	0.46%	0.05%
NVDA	C	5.54%	6.0%	5.54%
PSA	D	0.84%	0.22%	0.22%
SLGN	A	0.33%	0.02%	0.02%
T	A	1.46%	0.69%	0.69%
TMUS	B	1.14%	0.51%	0.51%
TRV	B	0.66%	0.25%	0.25%
TXN	C	0.86%	1.68%	0.86%
TYL	B	0.81%	0.11%	0.11%
UNH	C	0.07%	3.52%	0.07%
V	A	2.25%	3.27%	2.25%
VRSK	A	0.39%	0.17%	0.17%
VZ	C	1.58%	1.67%	1.58%
WRB	A	0.53%	0.08%	0.08%
WTW	B	0.87%	0.13%	0.13%
ZM	B	0.7%	0.09%	0.09%

QLV Overweight 82 Positions Relative to VEGN

Symbol	Grade	Weight
MSFT	F	7.86%
PG	A	3.17%
AMZN	C	2.5%
LLY	F	2.4%
MRK	F	2.29%
MCD	D	1.97%
JNJ	D	1.68%
PEP	F	1.52%
META	D	1.27%
XOM	B	1.15%
GILD	C	1.11%
LMT	D	1.07%
ABBV	D	0.97%
ABT	B	0.92%
QLYS	C	0.89%
ATR	B	0.89%
DUK	C	0.87%
AIZ	A	0.84%
WEC	A	0.83%
WDFC	B	0.81%
ED	D	0.77%
K	A	0.77%
RGLD	C	0.77%
DOX	D	0.76%
LSTR	D	0.74%
CHE	D	0.74%
AMGN	D	0.73%
CHKP	D	0.72%
GIS	D	0.72%
WM	A	0.68%
SO	D	0.68%
QGEN	D	0.67%
DTM	B	0.65%
DLR	B	0.65%
AVY	D	0.64%
CALM	A	0.62%
XEL	A	0.62%
GD	F	0.61%
PKG	A	0.61%
SMMT	D	0.61%
NOC	D	0.6%
BRK.A	B	0.59%
RSG	A	0.58%
WCN	A	0.57%
CTVA	C	0.57%
AZO	C	0.56%
AEE	A	0.56%
SIGI	C	0.55%
STNG	F	0.55%
CMS	C	0.53%
SCI	B	0.53%
CTRA	B	0.53%
ADC	B	0.52%
AEP	D	0.52%
PNW	B	0.52%
TSCO	D	0.5%
BAH	F	0.5%
SON	D	0.49%
CHRW	C	0.49%
FLO	D	0.47%
REGN	F	0.47%
HSY	F	0.46%
TTEK	F	0.46%
NBIX	C	0.43%
HRL	D	0.4%
BMRN	D	0.37%
NFG	A	0.37%
HII	D	0.36%
DDS	B	0.3%
BMI	B	0.28%
CRUS	D	0.26%
PM	B	0.21%
JPM	A	0.21%
COR	B	0.2%
LIN	D	0.19%
ALKS	B	0.19%
ADI	D	0.15%
ROP	B	0.14%
NCNO	B	0.13%
CAG	D	0.13%
L	A	0.11%
CWAN	B	0.09%

QLV Underweight 220 Positions Relative to VEGN

Symbol	Grade	Weight
TSLA	B	-5.76%
MA	C	-3.05%
ORCL	B	-2.8%
CRM	B	-2.54%
CSCO	B	-2.18%
ACN	C	-2.11%
ADBE	C	-2.02%
NOW	A	-1.97%
AMD	F	-1.85%
INTU	C	-1.67%
QCOM	F	-1.54%
AMAT	F	-1.33%
BKNG	A	-0.72%
CMCSA	B	-0.71%
AXP	A	-0.69%
SPGI	C	-0.68%
PGR	A	-0.63%
ETN	A	-0.6%
UBER	D	-0.59%
FI	A	-0.54%
PANW	C	-0.53%
MU	D	-0.46%
PLD	D	-0.44%
INTC	D	-0.43%
DE	A	-0.43%
UPS	C	-0.4%
LRCX	F	-0.39%
ELV	F	-0.39%
TT	A	-0.39%
AMT	D	-0.39%
CI	F	-0.38%
ANET	C	-0.38%
ICE	C	-0.37%
PH	A	-0.37%
PYPL	B	-0.37%
SNPS	B	-0.35%
KLAC	D	-0.35%
CDNS	B	-0.34%
MRVL	B	-0.33%
CRWD	B	-0.33%
WELL	A	-0.33%
AON	A	-0.31%
MCO	B	-0.31%
ORLY	B	-0.3%
MSTR	C	-0.3%
COF	B	-0.29%
ADSK	A	-0.28%
AJG	B	-0.27%
HCA	F	-0.27%
FDX	B	-0.27%
TFC	A	-0.26%
CARR	D	-0.26%
SPG	B	-0.25%
BK	A	-0.25%
ABNB	C	-0.25%
FICO	B	-0.24%
JCI	C	-0.24%
AMP	A	-0.24%
FTNT	C	-0.24%
PCAR	B	-0.24%
AFL	B	-0.24%
DASH	A	-0.23%
WDAY	B	-0.23%
TTD	B	-0.23%
URI	B	-0.23%
O	D	-0.21%
FIS	C	-0.21%
SQ	B	-0.21%
MET	A	-0.21%
AIG	B	-0.21%
CMI	A	-0.21%
FAST	B	-0.2%
GWW	B	-0.2%
CPRT	A	-0.2%
VRT	B	-0.2%
DHI	D	-0.2%
PRU	A	-0.19%
MSCI	C	-0.19%
CCI	D	-0.19%
PAYX	C	-0.19%
DFS	B	-0.18%
DELL	C	-0.17%
CBRE	B	-0.17%
OTIS	C	-0.17%
LEN	D	-0.17%
SNOW	C	-0.17%
CHTR	C	-0.16%
CTSH	B	-0.16%
TEAM	A	-0.16%
IT	C	-0.16%
IQV	D	-0.15%
EXR	D	-0.15%
HIG	B	-0.15%
DDOG	A	-0.15%
MTB	A	-0.15%
HUM	C	-0.15%
AVB	B	-0.14%
IRM	D	-0.14%
HUBS	A	-0.14%
WAB	B	-0.14%
ACGL	D	-0.14%
MCHP	D	-0.14%
ANSS	B	-0.13%
EFX	F	-0.13%
RJF	A	-0.13%
CSGP	D	-0.13%
VEEV	C	-0.13%
TTWO	A	-0.13%
EBAY	D	-0.13%
CNC	D	-0.13%
FITB	A	-0.13%
ROK	B	-0.13%
NVR	D	-0.12%
NET	B	-0.12%
ON	D	-0.12%
KEYS	A	-0.12%
GPN	B	-0.12%
EQR	B	-0.11%
HBAN	A	-0.11%
NTAP	C	-0.11%
GDDY	A	-0.11%
VTR	C	-0.11%
SYF	B	-0.11%
BRO	B	-0.11%
BR	A	-0.11%
MPWR	F	-0.11%
AWK	D	-0.11%
PHM	D	-0.11%
DOV	A	-0.11%
NDAQ	A	-0.11%
EXPE	B	-0.1%
SBAC	D	-0.1%
LPLA	A	-0.1%
CDW	F	-0.1%
HUBB	B	-0.1%
RF	A	-0.1%
EME	C	-0.1%
MTD	D	-0.1%
RBLX	C	-0.1%
WDC	D	-0.09%
BLDR	D	-0.09%
CFG	B	-0.09%
WAT	B	-0.09%
CBOE	B	-0.09%
PTC	A	-0.09%
HOOD	B	-0.08%
ZS	C	-0.08%
FDS	B	-0.08%
WSO	A	-0.08%
GEN	B	-0.08%
MAA	B	-0.08%
NTRA	B	-0.08%
SNA	A	-0.08%
FSLR	F	-0.08%
TRU	D	-0.08%
STX	D	-0.08%
ESS	B	-0.08%
INVH	D	-0.08%
OMC	C	-0.08%
ZBRA	B	-0.08%
MDB	C	-0.08%
LII	A	-0.08%
LYV	A	-0.08%
SUI	D	-0.07%
TER	D	-0.07%
SSNC	B	-0.07%
VRSN	F	-0.07%
KIM	A	-0.07%
GPC	D	-0.07%
MANH	D	-0.07%
XPO	B	-0.07%
OC	A	-0.07%
IEX	B	-0.07%
NTNX	A	-0.07%
MOH	F	-0.07%
TRMB	B	-0.07%
PINS	D	-0.07%
KEY	B	-0.07%
AKAM	D	-0.06%
EPAM	C	-0.06%
SWKS	F	-0.06%
POOL	C	-0.06%
SAIA	B	-0.06%
GGG	B	-0.06%
ENTG	D	-0.06%
JBL	B	-0.06%
PSTG	D	-0.06%
IPG	D	-0.05%
CCK	C	-0.05%
FHN	A	-0.05%
OKTA	C	-0.05%
KMX	B	-0.05%
WPC	D	-0.05%
EG	C	-0.05%
SMCI	F	-0.05%
SWK	D	-0.05%
ENPH	F	-0.04%
TTC	D	-0.04%
PLNT	A	-0.04%
WMS	D	-0.04%
GPK	C	-0.04%
OMCL	C	-0.04%
INGR	B	-0.04%
LKQ	D	-0.04%
LAD	A	-0.04%
ELF	C	-0.03%
ENR	B	-0.03%
RIVN	F	-0.03%
TREX	C	-0.03%
RHI	B	-0.03%
SSD	D	-0.03%
HRB	D	-0.03%
EYE	C	-0.02%
RUN	F	-0.02%
CELH	F	-0.02%
AN	C	-0.02%
HTZ	C	-0.02%
PLUG	F	-0.01%
CAR	C	-0.01%
BYND	F	-0.01%