QLV vs. XITK ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to SPDR FactSet Innovative Technology ETF (XITK)

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

$66.41

Average Daily Volume

3,582

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

XITK

SPDR FactSet Innovative Technology ETF

XITK Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FactSet Innovative Technology Index. The index is designed to represent the performance of U.S.-listed stock and American Depository Receipts of Technology companies and Technology-related companies within the most innovative segments of the Technology sector and Electronic Media sub-sector of the Media sector, as defined by FactSet Research Systems, Inc. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$152.72

Average Daily Volume

1,967

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QLV	XITK
30 Days	2.04%	2.21%
60 Days	5.15%	2.67%
90 Days	6.23%	7.18%
12 Months	26.75%	23.02%

8 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in XITK	Overlap
CHKP	B	0.79%	1.23%	0.79%
CWAN	B	0.07%	1.14%	0.07%
DOX	C	0.77%	0.92%	0.77%
EA	D	0.21%	0.98%	0.21%
META	B	1.14%	1.44%	1.14%
NCNO	D	0.1%	0.92%	0.1%
NVDA	D	4.13%	2.31%	2.31%
QLYS	F	0.74%	0.62%	0.62%

QLV Overweight 106 Positions Relative to XITK

Symbol	Grade	Weight
MSFT	C	7.68%
AAPL	C	5.11%
PG	C	3.43%
LLY	C	2.85%
MRK	D	2.76%
V	C	2.15%
AMZN	C	2.13%
MCD	B	1.97%
JNJ	C	1.9%
IBM	B	1.77%
VZ	B	1.7%
PEP	C	1.69%
T	C	1.45%
LMT	C	1.17%
ABBV	C	1.15%
XOM	C	1.13%
GILD	B	0.98%
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%
TXN	C	0.87%
GIS	B	0.86%
WEC	C	0.84%
WTW	C	0.83%
AMGN	B	0.82%
ATR	B	0.8%
TYL	C	0.8%
K	B	0.79%
CHE	C	0.78%
RGLD	C	0.77%
AIZ	B	0.77%
CB	B	0.76%
GOOGL	D	0.76%
WDFC	C	0.76%
QGEN	C	0.75%
LSTR	D	0.74%
AVY	C	0.72%
SO	B	0.72%
REGN	C	0.71%
STNG	D	0.71%
WM	D	0.66%
NOC	B	0.65%
TRV	C	0.64%
GD	B	0.64%
SMMT	C	0.62%
ALL	B	0.61%
AEP	C	0.59%
XEL	B	0.59%
EQIX	C	0.59%
WCN	D	0.59%
BRK.A	C	0.59%
AZO	D	0.58%
RSG	D	0.58%
ZM	C	0.58%
CTVA	B	0.57%
CINF	B	0.56%
DLR	B	0.56%
WRB	C	0.55%
AEE	C	0.55%
CMS	C	0.55%
ADC	C	0.54%
HSY	C	0.54%
JKHY	B	0.54%
SON	C	0.54%
PKG	B	0.54%
PNW	C	0.53%
TTEK	C	0.53%
GOOG	D	0.53%
BAH	C	0.51%
SIGI	D	0.51%
HII	D	0.51%
SCI	B	0.51%
FLO	C	0.51%
DTM	B	0.5%
MKL	C	0.5%
TSCO	C	0.5%
CTRA	D	0.49%
CALM	A	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%
CRUS	D	0.36%
AVGO	C	0.34%
SLGN	B	0.32%
MCK	F	0.3%
DDS	F	0.25%
BMI	A	0.25%
SQSP	A	0.24%
PM	C	0.21%
JPM	D	0.2%
ALKS	C	0.19%
LIN	B	0.19%
CAG	C	0.16%
ADI	C	0.16%
ROP	C	0.14%
L	C	0.11%
UNH	C	0.07%
MMC	C	0.06%
EXPD	C	0.03%

QLV Underweight 89 Positions Relative to XITK

Symbol	Grade	Weight
APP	C	-2.44%
PI	B	-2.05%
QTWO	B	-1.75%
SPOT	B	-1.58%
HCP	B	-1.52%
TOST	C	-1.52%
SMCI	F	-1.51%
MPWR	C	-1.5%
MGNI	D	-1.43%
NFLX	B	-1.41%
DOCS	B	-1.4%
FTNT	C	-1.37%
KLAC	D	-1.35%
MNDY	B	-1.35%
DAKT	D	-1.35%
TTD	B	-1.34%
ONTO	D	-1.3%
PAR	B	-1.27%
IOT	B	-1.27%
CYBR	D	-1.23%
VEEV	C	-1.22%
SSNC	B	-1.19%
DOCN	A	-1.19%
PEGA	C	-1.18%
SITM	B	-1.17%
KD	D	-1.16%
INTA	A	-1.15%
AGYS	D	-1.13%
Z	B	-1.13%
ARLO	F	-1.12%
VRNS	C	-1.1%
PRFT	B	-1.1%
AMD	D	-1.1%
SMAR	C	-1.08%
G	C	-1.05%
DOCU	C	-1.04%
RBLX	B	-1.03%
SEIC	C	-1.03%
CTSH	C	-1.02%
DUOL	B	-0.98%
CRWD	D	-0.98%
SPSC	D	-0.96%
AEIS	D	-0.95%
JAMF	D	-0.95%
OKTA	F	-0.95%
ASGN	D	-0.92%
DDOG	D	-0.9%
TENB	F	-0.89%
UPST	C	-0.89%
FVRR	C	-0.87%
GTLB	D	-0.87%
DT	C	-0.87%
SQ	D	-0.86%
S	C	-0.85%
GLOB	D	-0.84%
ALIT	D	-0.83%
APPN	D	-0.81%
TWLO	D	-0.79%
PINS	F	-0.78%
CALX	D	-0.78%
PUBM	F	-0.77%
CLVT	D	-0.76%
ZS	F	-0.76%
OLO	D	-0.76%
PDFS	F	-0.75%
GFS	F	-0.73%
MDB	D	-0.73%
IAS	D	-0.72%
EPAM	F	-0.71%
LSPD	D	-0.69%
CNXC	F	-0.68%
RAMP	F	-0.68%
MXL	F	-0.68%
ROKU	C	-0.63%
ZIP	D	-0.62%
UPWK	D	-0.61%
TDC	F	-0.6%
BRZE	F	-0.6%
ZI	D	-0.58%
ASAN	F	-0.56%
RPD	F	-0.56%
OPEN	D	-0.52%
DV	F	-0.5%
U	D	-0.49%
PATH	D	-0.46%
PRO	F	-0.43%
RIOT	F	-0.42%
APPS	D	-0.42%
FSLY	D	-0.32%

XITK: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Information Technology Services Semiconductors Internet Content & Information Business Services Electronic Components Real Estate Services Semiconductor Equipment & Materials Advertising Agencies Asset Management Capital Markets Communication Equipment Computer Hardware Computer Systems Conglomerates Credit Services Data Storage Electronic Gaming & Multimedia Electronic Gaming & Multimedia