QLV vs. XMMO ETF Comparison

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

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

XMMO

Invesco S&P MidCap Momentum ETF

XMMO Description

The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400 Momentum 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 compiles, maintains and calculates the underlying index, which is composed of constituents of the S&P MidCap 400 that have the highest momentum score.

Grade (RS Rating)

Last Trade

$120.73

Average Daily Volume

374,000

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QLV	XMMO
30 Days	2.04%	4.18%
60 Days	5.15%	4.50%
90 Days	6.23%	5.80%
12 Months	26.75%	50.48%

3 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in XMMO	Overlap
CHE	C	0.78%	0.84%	0.78%
NBIX	F	0.43%	1.34%	0.43%
QLYS	F	0.74%	0.83%	0.74%

QLV Overweight 111 Positions Relative to XMMO

Symbol	Grade	Weight
MSFT	C	7.68%
AAPL	C	5.11%
NVDA	D	4.13%
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%
META	B	1.14%
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%
CHKP	B	0.79%
RGLD	C	0.77%
DOX	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%
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%
EA	D	0.21%
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%
NCNO	D	0.1%
UNH	C	0.07%
CWAN	B	0.07%
MMC	C	0.06%
EXPD	C	0.03%

QLV Underweight 71 Positions Relative to XMMO

Symbol	Grade	Weight
MANH	B	-3.63%
LII	B	-3.52%
EME	B	-3.1%
TOL	B	-2.78%
OC	D	-2.51%
XPO	D	-2.45%
BLD	D	-2.23%
FIX	B	-2.23%
WING	B	-2.2%
WSM	D	-2.16%
THC	A	-2.11%
CSL	B	-2.0%
WSO	C	-1.93%
ONTO	D	-1.89%
RS	D	-1.8%
ERIE	B	-1.79%
CW	B	-1.76%
BRBR	C	-1.72%
SFM	B	-1.69%
NVT	D	-1.63%
EXP	B	-1.62%
SAIA	D	-1.6%
DT	C	-1.57%
GGG	C	-1.5%
CNM	F	-1.49%
PRI	B	-1.46%
ELF	F	-1.42%
PSTG	F	-1.41%
ITT	B	-1.4%
TXRH	C	-1.38%
CLH	A	-1.37%
SSD	D	-1.36%
BWXT	D	-1.35%
LECO	F	-1.34%
USFD	B	-1.33%
MUSA	D	-1.29%
CR	C	-1.27%
CASY	D	-1.24%
WWD	D	-1.22%
NYT	C	-1.19%
MTG	B	-1.17%
KNSL	C	-1.15%
COKE	C	-1.12%
CVLT	B	-1.11%
EVR	A	-0.98%
SKX	D	-0.94%
TREX	D	-0.93%
TMHC	A	-0.93%
KBH	A	-0.91%
HRB	C	-0.89%
VNT	F	-0.86%
NEU	D	-0.85%
WFRD	F	-0.84%
HLI	B	-0.83%
ESAB	C	-0.82%
ESNT	B	-0.81%
DBX	D	-0.81%
SAIC	C	-0.78%
AYI	B	-0.76%
MSA	D	-0.63%
OLLI	C	-0.61%
R	A	-0.61%
KD	D	-0.58%
RMBS	F	-0.56%
AM	C	-0.52%
WTS	C	-0.52%
CELH	F	-0.48%
MSM	D	-0.42%
BLKB	C	-0.4%
CACC	F	-0.39%
TDC	F	-0.27%