QLV vs. WLDR ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Affinity World Leaders Equity ETF (WLDR)

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

WLDR

Affinity World Leaders Equity ETF

WLDR Description

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the Thomson Reuters StarMine Affinity World Leaders Index (the index). The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities included in the index. The index is expected to consist of approximately 150 to 250 stocks of companies located in the U.S. and in at least three countries outside of the U.S. and may invest in up to 20 countries. It will be significantly invested in the securities of international companies in addition to securities of U.S. companies.

Grade (RS Rating)

Last Trade

$34.47

Average Daily Volume

3,249

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QLV	WLDR
30 Days	0.23%	3.61%
60 Days	1.42%	5.09%
90 Days	3.24%	7.41%
12 Months	25.29%	35.69%

8 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in WLDR	Overlap
ALL	A	0.62%	0.58%	0.58%
BRK.A	B	0.59%	1.21%	0.59%
LMT	D	1.07%	0.94%	0.94%
META	D	1.27%	2.91%	1.27%
MKL	A	0.54%	0.56%	0.54%
PKG	A	0.61%	0.26%	0.26%
PM	B	0.21%	1.03%	0.21%
VZ	C	1.58%	1.31%	1.31%

QLV Overweight 106 Positions Relative to WLDR

Symbol	Grade	Weight
MSFT	D	7.86%
NVDA	B	5.54%
AAPL	C	5.13%
PG	C	3.17%
AMZN	C	2.5%
LLY	F	2.4%
MRK	D	2.29%
V	A	2.25%
MCD	D	1.97%
IBM	C	1.77%
JNJ	C	1.68%
PEP	F	1.52%
T	A	1.46%
XOM	B	1.15%
TMUS	B	1.14%
GILD	C	1.11%
ABBV	F	0.97%
ABT	B	0.92%
ADP	A	0.92%
CME	B	0.91%
QLYS	B	0.89%
ATR	B	0.89%
WTW	B	0.87%
DUK	C	0.87%
GOOGL	C	0.87%
TXN	C	0.86%
PSA	C	0.84%
AIZ	A	0.84%
WEC	A	0.83%
WDFC	B	0.81%
TYL	B	0.81%
ED	C	0.77%
K	A	0.77%
RGLD	C	0.77%
DOX	D	0.76%
LSTR	D	0.74%
CHE	D	0.74%
AMGN	F	0.73%
CB	C	0.72%
CHKP	C	0.72%
GIS	D	0.72%
ZM	C	0.7%
WM	B	0.68%
SO	C	0.68%
QGEN	D	0.67%
TRV	B	0.66%
DTM	A	0.65%
DLR	B	0.65%
AVY	F	0.64%
GOOG	C	0.62%
CALM	A	0.62%
EQIX	A	0.62%
XEL	A	0.62%
GD	D	0.61%
SMMT	D	0.61%
NOC	D	0.6%
CINF	A	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%
JKHY	D	0.53%
SCI	B	0.53%
CTRA	B	0.53%
WRB	A	0.53%
ADC	A	0.52%
AEP	C	0.52%
PNW	A	0.52%
TSCO	D	0.5%
BAH	F	0.5%
SON	F	0.49%
CHRW	B	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%
AVGO	D	0.4%
VRSK	A	0.39%
BMRN	F	0.37%
NFG	A	0.37%
HII	F	0.36%
MCK	A	0.35%
SLGN	A	0.33%
DDS	B	0.3%
BMI	B	0.28%
CRUS	D	0.26%
EA	A	0.23%
JPM	A	0.21%
COR	B	0.2%
LIN	C	0.19%
ALKS	C	0.19%
ADI	D	0.15%
ROP	B	0.14%
NCNO	C	0.13%
CAG	F	0.13%
L	A	0.11%
CWAN	B	0.09%
UNH	B	0.07%
MMC	B	0.05%
EXPD	C	0.03%

QLV Underweight 65 Positions Relative to WLDR

Symbol	Grade	Weight
APP	B	-3.48%
DELL	B	-3.12%
HPE	B	-2.96%
AMAT	F	-2.91%
NTAP	C	-2.79%
BURL	B	-2.66%
STX	C	-2.65%
CPNG	D	-2.48%
VTRS	A	-2.18%
DOCU	B	-2.06%
PFE	F	-1.96%
CTSH	B	-1.92%
GEN	B	-1.91%
SSNC	B	-1.74%
EBAY	D	-1.68%
DFS	B	-1.44%
CMCSA	B	-1.42%
RF	A	-1.32%
TROW	B	-1.31%
BK	A	-1.29%
OMC	C	-1.2%
TEVA	C	-1.06%
VRT	B	-1.02%
BKR	A	-1.0%
WMB	A	-0.99%
MMM	D	-0.95%
OC	A	-0.95%
MO	A	-0.94%
TOL	B	-0.9%
KR	B	-0.89%
USFD	A	-0.87%
FANG	C	-0.82%
BCS	A	-0.8%
RCL	A	-0.78%
CCL	A	-0.77%
CI	D	-0.7%
FI	A	-0.7%
SWK	D	-0.69%
THC	D	-0.66%
ELV	F	-0.64%
PYPL	B	-0.64%
HCA	F	-0.63%
UHS	D	-0.59%
LOGI	D	-0.54%
CNC	D	-0.53%
AER	A	-0.51%
GOLD	C	-0.49%
CF	A	-0.48%
RNR	C	-0.46%
EMN	C	-0.44%
VST	A	-0.41%
UAL	A	-0.41%
ETR	B	-0.4%
FIS	C	-0.4%
DAL	B	-0.38%
SPG	A	-0.36%
PPL	A	-0.36%
EVRG	A	-0.35%
EXC	C	-0.35%
LUV	C	-0.3%
VICI	C	-0.3%
DOC	C	-0.29%
CPT	B	-0.29%
GLPI	C	-0.28%
NEM	D	-0.22%