RWL vs. QLV ETF Comparison

Comparison of RevenueShares Large Cap ETF (RWL) to FlexShares US Quality Low Volatility Index Fund (QLV)

RWL

RevenueShares Large Cap ETF

RWL Description

The investment seeks to outperform the total return performance of the S&P 500 Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Large Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of large capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$97.49

Average Daily Volume

119,156

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

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

$66.15

Average Daily Volume

3,507

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	RWL	QLV
30 Days	1.80%	1.65%
60 Days	2.72%	4.42%
90 Days	5.15%	6.22%
12 Months	24.62%	28.38%

80 Overlapping Holdings

Symbol	Grade	Weight in RWL	Weight in QLV	Overlap
AAPL	C	2.26%	5.17%	2.26%
ABBV	C	0.35%	1.11%	0.35%
ABT	C	0.26%	0.91%	0.26%
ADI	C	0.06%	0.17%	0.06%
ADP	B	0.12%	0.85%	0.12%
AEE	A	0.05%	0.53%	0.05%
AEP	C	0.13%	0.56%	0.13%
AIZ	B	0.07%	0.76%	0.07%
ALL	B	0.39%	0.61%	0.39%
AMGN	B	0.18%	0.83%	0.18%
AMZN	C	3.4%	2.25%	2.25%
AVGO	C	0.23%	0.39%	0.23%
AVY	D	0.05%	0.69%	0.05%
AZO	D	0.11%	0.55%	0.11%
BRK.A	C	2.32%	0.58%	0.58%
CAG	C	0.08%	0.15%	0.08%
CB	B	0.32%	0.73%	0.32%
CHRW	A	0.12%	0.46%	0.12%
CINF	C	0.07%	0.54%	0.07%
CME	C	0.04%	0.88%	0.04%
CMS	B	0.05%	0.54%	0.05%
CTRA	D	0.03%	0.5%	0.03%
CTVA	B	0.1%	0.59%	0.1%
DLR	B	0.03%	0.58%	0.03%
DUK	B	0.19%	0.91%	0.19%
EA	D	0.04%	0.2%	0.04%
ED	C	0.09%	0.83%	0.09%
EQIX	B	0.05%	0.61%	0.05%
EXPD	C	0.05%	0.03%	0.03%
GD	B	0.25%	0.64%	0.25%
GILD	B	0.2%	1.02%	0.2%
GIS	B	0.13%	0.84%	0.13%
GOOG	D	0.78%	0.57%	0.57%
GOOGL	D	0.79%	0.81%	0.79%
HII	D	0.07%	0.5%	0.07%
HRL	D	0.07%	0.42%	0.07%
HSY	D	0.07%	0.51%	0.07%
IBM	A	0.44%	1.82%	0.44%
JKHY	C	0.01%	0.54%	0.01%
JNJ	C	0.57%	1.84%	0.57%
JPM	D	1.52%	0.19%	0.19%
K	A	0.11%	0.77%	0.11%
L	D	0.1%	0.1%	0.1%
LIN	B	0.2%	0.19%	0.19%
LLY	C	0.22%	2.81%	0.22%
LMT	B	0.49%	1.12%	0.49%
MCD	B	0.17%	1.95%	0.17%
MCK	F	1.51%	0.29%	0.29%
META	A	0.84%	1.24%	0.84%
MMC	C	0.14%	0.05%	0.05%
MRK	D	0.31%	2.74%	0.31%
MSFT	C	1.29%	8.11%	1.29%
NOC	A	0.28%	0.63%	0.28%
NVDA	D	0.41%	4.47%	0.41%
PEP	D	0.56%	1.62%	0.56%
PG	C	0.49%	3.26%	0.49%
PKG	B	0.05%	0.56%	0.05%
PM	C	0.25%	0.2%	0.2%
PNW	B	0.03%	0.51%	0.03%
PSA	B	0.03%	0.91%	0.03%
REGN	C	0.08%	0.69%	0.08%
ROP	C	0.04%	0.14%	0.04%
RSG	D	0.09%	0.56%	0.09%
SO	A	0.16%	0.7%	0.16%
T	C	0.85%	1.41%	0.85%
TMUS	C	0.51%	0.96%	0.51%
TRV	B	0.28%	0.62%	0.28%
TSCO	C	0.08%	0.49%	0.08%
TXN	C	0.1%	0.87%	0.1%
TYL	C	0.01%	0.77%	0.01%
UNH	C	2.54%	0.07%	0.07%
V	C	0.2%	2.1%	0.2%
VRSK	D	0.02%	0.37%	0.02%
VZ	B	0.84%	1.7%	0.84%
WEC	B	0.06%	0.81%	0.06%
WM	D	0.12%	0.63%	0.12%
WRB	C	0.08%	0.52%	0.08%
WTW	C	0.06%	0.8%	0.06%
XEL	B	0.09%	0.58%	0.09%
XOM	D	1.91%	1.11%	1.11%

RWL Overweight 416 Positions Relative to QLV

Symbol	Grade	Weight
WMT	B	4.41%
CVS	F	1.95%
COST	B	1.53%
CAH	C	1.4%
CI	C	1.25%
BAC	D	1.02%
CVX	D	1.01%
ELV	C	0.99%
GM	B	0.97%
CNC	C	0.95%
HD	A	0.93%
KR	C	0.93%
F	F	0.91%
C	D	0.9%
MPC	D	0.79%
PSX	D	0.77%
CMCSA	D	0.72%
VLO	F	0.71%
GS	C	0.7%
TSLA	C	0.69%
TGT	C	0.63%
WFC	D	0.61%
MS	C	0.57%
FDX	F	0.57%
HUM	F	0.56%
LOW	A	0.54%
ADM	D	0.52%
UPS	F	0.48%
SYY	D	0.48%
RTX	C	0.46%
WBA	F	0.46%
ACN	C	0.45%
AXP	B	0.45%
DIS	D	0.45%
PGR	A	0.45%
HCA	A	0.44%
MET	A	0.42%
BA	F	0.4%
CAT	B	0.4%
CHTR	D	0.38%
ORCL	B	0.35%
TJX	C	0.34%
DE	B	0.34%
CSCO	B	0.34%
PRU	C	0.34%
TSN	D	0.34%
PFE	C	0.33%
UAL	C	0.31%
COF	A	0.3%
KO	B	0.3%
BMY	C	0.3%
DAL	C	0.3%
BG	D	0.3%
AAL	D	0.29%
COP	D	0.29%
AIG	D	0.28%
DHI	C	0.28%
HPQ	D	0.28%
BBY	C	0.27%
GE	A	0.26%
SBUX	C	0.26%
TMO	C	0.26%
USB	B	0.26%
CBRE	A	0.25%
WBD	D	0.24%
BK	A	0.24%
NKE	D	0.24%
LYB	F	0.23%
MDLZ	C	0.23%
LEN	C	0.23%
MOH	D	0.23%
PNC	A	0.22%
CRM	D	0.22%
TFC	D	0.22%
DOW	D	0.22%
UBER	C	0.21%
CMI	C	0.21%
GEV	B	0.2%
INTC	F	0.2%
PYPL	B	0.2%
MDT	C	0.2%
NFLX	B	0.2%
HON	D	0.2%
PCAR	D	0.18%
SLB	F	0.18%
MMM	A	0.18%
PARA	F	0.17%
NUE	F	0.17%
JCI	B	0.16%
JBL	D	0.16%
QCOM	F	0.16%
DHR	C	0.16%
BKR	C	0.16%
MA	B	0.16%
KHC	C	0.16%
NRG	A	0.16%
KMX	D	0.16%
SHW	B	0.16%
HIG	B	0.16%
PCG	B	0.15%
DG	F	0.15%
CARR	B	0.15%
UNP	C	0.15%
LUV	C	0.15%
NEE	C	0.15%
AFL	C	0.14%
MO	C	0.14%
CCL	C	0.14%
EXC	B	0.14%
KKR	A	0.14%
LYV	B	0.14%
CL	C	0.13%
GEHC	C	0.13%
SYK	C	0.13%
BKNG	B	0.13%
ETN	C	0.13%
ADBE	F	0.13%
DFS	B	0.13%
CTSH	C	0.13%
GPC	D	0.13%
PH	A	0.13%
MAR	C	0.13%
OXY	F	0.13%
EOG	D	0.13%
AMAT	D	0.12%
OKE	B	0.12%
FCX	D	0.12%
CDW	D	0.12%
KMB	D	0.12%
PWR	B	0.12%
LHX	C	0.12%
AMD	D	0.12%
SYF	C	0.12%
SCHW	D	0.12%
ROST	C	0.12%
STT	B	0.12%
HPE	D	0.12%
BLK	B	0.12%
EIX	C	0.11%
APTV	D	0.11%
PHM	B	0.11%
CEG	A	0.11%
TRGP	B	0.11%
HAL	F	0.11%
KVUE	C	0.11%
DLTR	F	0.11%
IP	C	0.11%
BDX	F	0.11%
TT	A	0.11%
BLDR	C	0.11%
LDOS	B	0.1%
ITW	C	0.1%
IQV	D	0.1%
NEM	B	0.1%
STLD	D	0.1%
AMP	B	0.1%
INTU	C	0.1%
BAX	C	0.1%
J	C	0.1%
SW	C	0.1%
VTRS	D	0.1%
PPG	D	0.1%
ORLY	D	0.1%
UHS	B	0.1%
GWW	A	0.1%
SWK	B	0.1%
FITB	B	0.09%
MTB	A	0.09%
CSX	D	0.09%
SPGI	A	0.09%
TEL	D	0.09%
PFG	B	0.09%
EMR	D	0.09%
EG	C	0.09%
ACGL	B	0.09%
AON	B	0.09%
BSX	B	0.09%
KMI	A	0.09%
ECL	A	0.09%
KDP	B	0.09%
D	B	0.09%
RCL	A	0.09%
OMC	B	0.09%
URI	B	0.09%
BALL	C	0.08%
VST	A	0.08%
JBHT	D	0.08%
AMT	C	0.08%
OTIS	C	0.08%
NTRS	B	0.08%
DVA	B	0.08%
ETR	A	0.08%
EXPE	C	0.08%
NSC	C	0.08%
GLW	B	0.08%
LKQ	F	0.08%
TXT	D	0.08%
RJF	C	0.08%
CFG	C	0.08%
SRE	B	0.08%
FE	C	0.08%
MHK	C	0.08%
MGM	D	0.08%
AMCR	C	0.08%
BWA	D	0.08%
CZR	C	0.07%
NOW	A	0.07%
AES	C	0.07%
MOS	F	0.07%
ICE	C	0.07%
APH	C	0.07%
DRI	B	0.07%
AJG	D	0.07%
MSI	B	0.07%
DD	B	0.07%
EBAY	B	0.07%
FIS	B	0.07%
APD	B	0.07%
IFF	C	0.07%
BX	B	0.07%
KEY	B	0.07%
HBAN	B	0.07%
HSIC	D	0.07%
ES	C	0.07%
TAP	D	0.07%
DVN	D	0.07%
DTE	B	0.07%
ZTS	C	0.06%
STZ	D	0.06%
VRTX	D	0.06%
LVS	D	0.06%
SOLV	C	0.06%
LRCX	F	0.06%
NCLH	C	0.06%
HES	D	0.06%
WAB	A	0.06%
DGX	C	0.06%
CPB	B	0.06%
ULTA	D	0.06%
HLT	B	0.06%
RF	B	0.06%
WMB	B	0.06%
NXPI	D	0.06%
PEG	A	0.06%
CTAS	C	0.06%
IPG	C	0.06%
MU	F	0.06%
EL	F	0.06%
GPN	D	0.06%
NVR	B	0.06%
FOX	B	0.05%
FOXA	B	0.05%
FAST	C	0.05%
MKC	C	0.05%
ABNB	D	0.05%
CCI	C	0.05%
WY	C	0.05%
HWM	B	0.05%
LULU	D	0.05%
ISRG	C	0.05%
PANW	C	0.05%
KLAC	D	0.05%
WELL	C	0.05%
SJM	C	0.05%
CMG	C	0.05%
DOV	B	0.05%
CLX	C	0.05%
MAS	B	0.05%
EMN	B	0.05%
ROK	F	0.05%
CE	F	0.05%
PPL	B	0.05%
PLD	C	0.05%
WDC	D	0.05%
SMCI	F	0.04%
NI	B	0.04%
IVZ	B	0.04%
GRMN	D	0.04%
SPG	A	0.04%
EVRG	B	0.04%
MCHP	D	0.04%
ADSK	C	0.04%
CF	C	0.04%
RL	B	0.04%
ODFL	D	0.04%
EFX	C	0.04%
FTNT	B	0.04%
AME	C	0.04%
ANET	A	0.04%
TPR	C	0.04%
IR	C	0.04%
BR	D	0.04%
YUM	F	0.04%
A	C	0.04%
APA	F	0.04%
IT	A	0.04%
VMC	D	0.04%
ALB	F	0.04%
ZBH	F	0.04%
MCO	A	0.04%
GL	C	0.04%
BEN	F	0.04%
IRM	B	0.04%
XYL	D	0.04%
CNP	D	0.04%
MNST	D	0.04%
NDAQ	A	0.04%
TDG	B	0.04%
ON	F	0.04%
BIIB	F	0.04%
FANG	D	0.04%
CTLT	B	0.03%
FMC	C	0.03%
CPAY	C	0.03%
BBWI	F	0.03%
CBOE	C	0.03%
LNT	B	0.03%
ATO	B	0.03%
GDDY	C	0.03%
NWSA	D	0.03%
EW	F	0.03%
PNR	B	0.03%
LW	D	0.03%
AWK	C	0.03%
NWS	D	0.03%
ZBRA	B	0.03%
SNPS	D	0.03%
BRO	C	0.03%
O	C	0.03%
HAS	B	0.03%
TTWO	D	0.03%
HST	C	0.03%
EPAM	F	0.03%
RMD	C	0.03%
SNA	C	0.03%
VLTO	B	0.03%
POOL	D	0.03%
KEYS	C	0.03%
CHD	C	0.03%
PAYX	C	0.03%
JNPR	A	0.03%
NTAP	D	0.03%
HUBB	A	0.03%
VTR	C	0.03%
WYNN	D	0.03%
MRO	C	0.03%
STX	C	0.03%
STE	C	0.03%
TROW	D	0.03%
TDY	C	0.03%
FTV	C	0.03%
MLM	D	0.03%
CSGP	D	0.02%
BIO	C	0.02%
NDSN	C	0.02%
ARE	C	0.02%
WAT	C	0.02%
MSCI	C	0.02%
FSLR	C	0.02%
EXR	B	0.02%
IEX	D	0.02%
AVB	C	0.02%
ROL	C	0.02%
SBAC	C	0.02%
EQR	C	0.02%
DPZ	D	0.02%
FFIV	B	0.02%
ALGN	D	0.02%
TFX	C	0.02%
MTD	D	0.02%
CDNS	D	0.02%
QRVO	F	0.02%
IDXX	D	0.02%
AOS	D	0.02%
EQT	D	0.02%
MTCH	C	0.02%
INCY	C	0.02%
CRL	F	0.02%
CPRT	D	0.02%
TRMB	C	0.02%
DECK	D	0.02%
GNRC	D	0.02%
BXP	B	0.02%
AKAM	D	0.02%
ALLE	C	0.02%
SWKS	F	0.02%
VICI	C	0.02%
HOLX	C	0.02%
MKTX	C	0.01%
TECH	D	0.01%
FRT	C	0.01%
VRSN	D	0.01%
ENPH	D	0.01%
REG	C	0.01%
CPT	B	0.01%
DAY	D	0.01%
UDR	C	0.01%
ESS	C	0.01%
MPWR	C	0.01%
PODD	B	0.01%
PAYC	D	0.01%
FICO	B	0.01%
CRWD	D	0.01%
ANSS	D	0.01%
PTC	D	0.01%
DXCM	F	0.01%
AXON	A	0.01%
TER	D	0.01%
KIM	C	0.01%
ETSY	F	0.01%
FDS	C	0.01%
MAA	C	0.01%
MRNA	F	0.01%
DOC	C	0.01%
WST	D	0.01%
INVH	C	0.01%

RWL Underweight 34 Positions Relative to QLV

Symbol	Grade	Weight
ATR	B	-0.8%
CHE	C	-0.78%
RGLD	B	-0.78%
CHKP	A	-0.78%
DOX	C	-0.77%
WDFC	C	-0.75%
QLYS	F	-0.74%
SMMT	C	-0.73%
LSTR	F	-0.73%
QGEN	C	-0.72%
STNG	F	-0.71%
ZM	C	-0.57%
WCN	D	-0.56%
TTEK	C	-0.53%
SON	D	-0.53%
CALM	A	-0.51%
BAH	B	-0.51%
ADC	C	-0.51%
SIGI	D	-0.51%
FLO	C	-0.51%
MKL	C	-0.5%
DTM	A	-0.5%
SCI	C	-0.5%
NBIX	F	-0.42%
BMRN	F	-0.4%
NFG	B	-0.37%
SLGN	B	-0.32%
CRUS	D	-0.32%
BMI	B	-0.28%
DDS	D	-0.26%
SQSP	A	-0.24%
ALKS	C	-0.19%
NCNO	D	-0.1%
CWAN	B	-0.08%