QLVE vs. JEMA ETF Comparison

Comparison of FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE) to Emerging Markets Equity Core ETF (JEMA)

QLVE

FlexShares Emerging Markets Quality Low Volatility Index Fund

QLVE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Emerging Markets 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 emerging market countries. Under normal circumstances, 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

$25.66

Average Daily Volume

1,225

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JEMA

Emerging Markets Equity Core ETF

JEMA Description

J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Emerging Markets Equity Core ETF is an exchange traded fund launched and managed by J.P. Morgan Investment Management Inc. The fund invests in public equity markets of global emerging region. It invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental and quantitative analysis with bottom-up and top-down stock picking approach to create its portfolio. J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Emerging Markets Equity Core ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$38.57

Average Daily Volume

88,533

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QLVE	JEMA
30 Days	-4.07%	-3.67%
60 Days	-3.07%	-1.46%
90 Days	-1.52%	-1.41%
12 Months	14.89%	10.85%

11 Overlapping Holdings

Symbol	Grade	Weight in QLVE	Weight in JEMA	Overlap
BABA	D	2.53%	2.42%	2.42%
BAP	B	1.02%	0.49%	0.49%
BIDU	F	0.04%	0.15%	0.04%
HDB	C	0.45%	0.94%	0.45%
HDB	C	0.45%	1.03%	0.45%
IBN	C	0.68%	1.36%	0.68%
PDD	F	0.71%	0.65%	0.65%
SKM	D	0.77%	0.11%	0.11%
TCOM	B	0.02%	0.35%	0.02%
UMC	F	0.16%	0.02%	0.02%
VALE	F	0.17%	0.14%	0.14%

QLVE Overweight 3 Positions Relative to JEMA

Symbol	Grade	Weight
CHT	D	0.94%
KT	A	0.52%
NTES	D	0.45%

QLVE Underweight 23 Positions Relative to JEMA

Symbol	Grade	Weight
PBR	C	-0.65%
MELI	D	-0.61%
SHG	D	-0.56%
NU	C	-0.47%
YUMC	C	-0.41%
EXLS	B	-0.35%
BEKE	D	-0.3%
GLOB	B	-0.25%
ASAI	F	-0.21%
KB	B	-0.2%
MMYT	B	-0.2%
CAR	C	-0.16%
EPAM	C	-0.15%
SCCO	F	-0.14%
BZ	F	-0.13%
HSBH	B	-0.11%
YMM	C	-0.09%
CPNG	D	-0.07%
ARCO	F	-0.06%
CPA	D	-0.05%
G	B	-0.05%
GGB	C	-0.04%
BCH	F	-0.03%