QLV vs. XMHQ ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Invesco S&P MidCap Quality ETF (XMHQ)

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

$66.10

Average Daily Volume

3,350

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

XMHQ

Invesco S&P MidCap Quality ETF

XMHQ Description

The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400Â® Quality Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider first calculates the quality score of each security in the S&P MidCap 400Â® Index.

Grade (RS Rating)

Last Trade

$102.46

Average Daily Volume

295,815

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QLV	XMHQ
30 Days	2.06%	5.76%
60 Days	8.22%	8.32%
90 Days	5.34%	7.20%
12 Months	30.89%	30.94%

5 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in XMHQ	Overlap
CHE	D	0.8%	1.39%	0.8%
CRUS	D	0.32%	0.8%	0.32%
LSTR	F	0.74%	1.12%	0.74%
QLYS	F	0.76%	0.8%	0.76%
RGLD	C	0.81%	1.36%	0.81%

QLV Overweight 109 Positions Relative to XMHQ

Symbol	Grade	Weight
MSFT	D	8.0%
AAPL	C	5.16%
NVDA	B	4.72%
PG	D	3.31%
LLY	D	2.8%
MRK	F	2.65%
AMZN	C	2.28%
MCD	A	2.02%
V	B	2.0%
IBM	A	1.9%
JNJ	D	1.8%
VZ	C	1.74%
PEP	F	1.58%
T	B	1.43%
META	A	1.26%
LMT	A	1.15%
ABBV	C	1.1%
XOM	A	1.08%
GILD	A	1.01%
TMUS	A	0.98%
ABT	C	0.91%
DUK	C	0.91%
CME	A	0.9%
PSA	C	0.9%
TXN	C	0.89%
ADP	A	0.85%
ED	C	0.84%
GIS	C	0.83%
GOOGL	B	0.82%
WEC	B	0.82%
WTW	C	0.81%
ATR	A	0.81%
CHKP	A	0.8%
AMGN	D	0.79%
DOX	B	0.78%
AIZ	B	0.78%
TYL	D	0.77%
K	B	0.77%
WDFC	B	0.74%
CB	A	0.73%
QGEN	F	0.72%
STNG	B	0.72%
SMMT	D	0.72%
AVY	D	0.71%
SO	A	0.7%
REGN	D	0.63%
GD	C	0.63%
WM	B	0.63%
NOC	B	0.63%
EQIX	C	0.61%
TRV	B	0.61%
DLR	C	0.6%
ALL	A	0.6%
CTVA	A	0.59%
ZM	B	0.59%
BRK.A	B	0.58%
AZO	D	0.58%
XEL	C	0.58%
GOOG	B	0.57%
RSG	D	0.56%
PKG	B	0.56%
AEP	C	0.56%
WCN	D	0.56%
AEE	A	0.55%
CMS	A	0.55%
JKHY	A	0.54%
CINF	A	0.54%
SON	D	0.53%
TTEK	A	0.53%
DTM	A	0.52%
TSCO	A	0.52%
BAH	C	0.52%
SIGI	D	0.51%
WRB	C	0.51%
ADC	C	0.51%
PNW	C	0.51%
HSY	D	0.5%
FLO	D	0.5%
SCI	D	0.5%
MKL	B	0.5%
CALM	A	0.5%
CTRA	D	0.49%
HII	F	0.49%
CHRW	C	0.48%
HRL	F	0.42%
AVGO	B	0.42%
NBIX	F	0.41%
BMRN	F	0.39%
VRSK	D	0.37%
NFG	A	0.36%
SLGN	B	0.32%
DDS	D	0.28%
BMI	A	0.27%
MCK	F	0.27%
SQSP	A	0.24%
LIN	C	0.2%
PM	D	0.2%
EA	D	0.2%
JPM	C	0.19%
ALKS	B	0.18%
ADI	B	0.17%
CAG	D	0.16%
ROP	D	0.13%
NCNO	F	0.1%
L	C	0.1%
CWAN	B	0.08%
UNH	B	0.07%
MMC	D	0.05%
EXPD	D	0.03%

QLV Underweight 72 Positions Relative to XMHQ

Symbol	Grade	Weight
MANH	A	-4.16%
WSM	C	-3.98%
CSL	A	-3.82%
EME	B	-3.3%
THC	D	-2.43%
RNR	A	-2.4%
FIX	A	-2.24%
RS	D	-2.23%
TOL	C	-2.0%
GGG	C	-2.0%
LECO	D	-1.95%
OC	C	-1.93%
PSTG	F	-1.89%
BLD	D	-1.76%
KNSL	B	-1.72%
DKS	D	-1.72%
CW	A	-1.66%
DT	B	-1.63%
WMS	D	-1.62%
MEDP	F	-1.58%
CROX	C	-1.51%
EXP	C	-1.36%
MUSA	D	-1.35%
CELH	F	-1.32%
CR	A	-1.32%
CNM	F	-1.3%
AFG	A	-1.25%
TREX	D	-1.24%
CVLT	B	-1.24%
PRI	A	-1.22%
INGR	B	-1.22%
LNTH	C	-1.22%
CHK	C	-1.2%
UFPI	C	-1.19%
LSCC	D	-1.18%
AYI	A	-1.18%
AIT	B	-1.15%
SAIC	A	-1.12%
SEIC	B	-1.08%
DCI	B	-1.08%
SSD	B	-1.05%
WFRD	F	-0.97%
RLI	A	-0.97%
PCTY	C	-0.97%
COKE	C	-0.95%
DINO	F	-0.93%
KBH	D	-0.91%
MSA	F	-0.87%
ELF	F	-0.85%
EXPO	A	-0.85%
CHX	C	-0.85%
MTG	A	-0.84%
CBT	B	-0.84%
ESNT	A	-0.84%
MDU	C	-0.82%
G	A	-0.82%
VVV	D	-0.8%
VNT	F	-0.78%
MSM	D	-0.67%
NEU	F	-0.62%
LOPE	D	-0.56%
NSP	F	-0.54%
ENS	B	-0.52%
LANC	F	-0.51%
YETI	C	-0.5%
TEX	F	-0.47%
FHI	A	-0.45%
VC	F	-0.41%
IBOC	D	-0.41%
SAM	D	-0.41%
CRI	D	-0.4%
CXT	F	-0.36%