SCHJ vs. QDF ETF Comparison

Comparison of HCM Defender 500 Index ETF (SCHJ) to FlexShares Quality Dividend Index Fund (QDF)

SCHJ

HCM Defender 500 Index ETF

SCHJ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 1-5 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to one year and less than five years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$24.48

Average Daily Volume

88,949

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

QDF

FlexShares Quality Dividend Index Fund

QDF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall volatility similar to that of the Northern Trust 1250 IndexSM (the "Parent Index"). It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$73.22

Average Daily Volume

26,182

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	SCHJ	QDF
30 Days	-0.36%	1.66%
60 Days	-0.92%	2.62%
90 Days	0.10%	4.00%
12 Months	6.61%	26.92%

83 Overlapping Holdings

Symbol	Grade	Weight in SCHJ	Weight in QDF	Overlap
AAPL	C	0.04%	8.54%	0.04%
ABBV	D	0.03%	2.58%	0.03%
ADP	B	0.05%	1.11%	0.05%
AFL	B	0.01%	0.62%	0.01%
ALLY	C	0.03%	0.37%	0.03%
AVB	B	0.01%	0.58%	0.01%
AVGO	D	0.02%	0.88%	0.02%
BAC	A	0.03%	0.02%	0.02%
BK	A	0.01%	0.68%	0.01%
BKNG	A	0.02%	0.07%	0.02%
BR	A	0.02%	0.3%	0.02%
CAT	B	0.02%	0.75%	0.02%
CL	D	0.0%	0.15%	0.0%
CMA	A	0.04%	0.58%	0.04%
COP	C	0.09%	0.04%	0.04%
COST	B	0.0%	0.24%	0.0%
CUBE	D	0.0%	0.37%	0.0%
D	C	0.02%	0.59%	0.02%
DVN	F	0.02%	0.46%	0.02%
EA	A	0.03%	0.58%	0.03%
EBAY	D	0.03%	0.58%	0.03%
EIX	B	0.0%	0.34%	0.0%
EQR	B	0.03%	0.55%	0.03%
EVRG	A	0.03%	0.42%	0.03%
FAF	A	0.03%	0.47%	0.03%
FIS	C	0.03%	0.62%	0.03%
GILD	C	0.07%	1.0%	0.07%
GOOGL	C	0.03%	1.84%	0.03%
HD	A	0.01%	1.77%	0.01%
HRB	D	0.02%	0.17%	0.02%
HST	C	0.02%	0.41%	0.02%
INTU	C	0.02%	1.74%	0.02%
ITW	B	0.04%	0.74%	0.04%
IVZ	B	0.0%	0.51%	0.0%
JHG	A	0.03%	0.6%	0.03%
JNJ	D	0.02%	3.01%	0.02%
JPM	A	0.02%	0.75%	0.02%
KLAC	D	0.07%	0.76%	0.07%
KO	D	0.05%	2.16%	0.05%
LMT	D	0.02%	0.62%	0.02%
LNC	B	0.02%	0.39%	0.02%
LOW	D	0.01%	1.27%	0.01%
LRCX	F	0.01%	0.87%	0.01%
MA	C	0.04%	0.26%	0.04%
MAA	B	0.01%	0.55%	0.01%
MAR	B	0.02%	0.05%	0.02%
MCHP	D	0.05%	0.45%	0.05%
MET	A	0.02%	0.56%	0.02%
MMM	D	0.02%	0.65%	0.02%
MO	A	0.02%	0.89%	0.02%
MPC	D	0.03%	0.54%	0.03%
MRK	F	0.05%	0.45%	0.05%
MS	A	0.03%	0.98%	0.03%
MSFT	F	0.05%	4.91%	0.05%
NKE	D	0.01%	0.83%	0.01%
NNN	D	0.02%	0.23%	0.02%
NTAP	C	0.02%	0.22%	0.02%
NUE	C	0.02%	0.42%	0.02%
NVDA	C	0.03%	5.81%	0.03%
NXPI	D	0.02%	0.52%	0.02%
OGE	B	0.01%	0.51%	0.01%
OHI	C	0.01%	0.52%	0.01%
ORI	A	0.03%	0.55%	0.03%
PEG	A	0.02%	0.61%	0.02%
PFG	D	0.02%	0.39%	0.02%
PG	A	0.02%	3.03%	0.02%
PM	B	0.02%	1.41%	0.02%
PNW	B	0.02%	0.16%	0.02%
PRU	A	0.01%	0.61%	0.01%
PSA	D	0.01%	0.6%	0.01%
QCOM	F	0.02%	1.68%	0.02%
SBUX	A	0.04%	0.76%	0.04%
SCCO	F	0.0%	0.36%	0.0%
SWKS	F	0.03%	0.4%	0.03%
TPR	B	0.03%	0.57%	0.03%
TT	A	0.03%	0.43%	0.03%
UNP	C	0.0%	1.24%	0.0%
V	A	0.09%	0.4%	0.09%
VLO	C	0.03%	0.55%	0.03%
WMT	A	0.03%	0.13%	0.03%
WU	D	0.0%	0.45%	0.0%
XOM	B	0.03%	0.5%	0.03%
ZTS	D	0.02%	0.74%	0.02%

SCHJ Overweight 353 Positions Relative to QDF

Symbol	Grade	Weight
HPQ	B	0.1%
CARR	D	0.1%
MDT	D	0.1%
BIIB	F	0.1%
BABA	D	0.09%
DD	D	0.09%
TAP	C	0.08%
OTIS	C	0.07%
CME	A	0.07%
BLK	C	0.07%
STLA	F	0.07%
NI	A	0.06%
WBA	F	0.06%
TMUS	B	0.06%
ORCL	B	0.06%
CHTR	C	0.06%
ETN	A	0.05%
RF	A	0.05%
SJM	D	0.05%
EMN	D	0.05%
SF	B	0.05%
HRL	D	0.05%
ATO	A	0.05%
VRSK	A	0.05%
TGT	F	0.05%
BDX	F	0.05%
BERY	B	0.05%
SYF	B	0.05%
DLTR	F	0.05%
GS	A	0.05%
SPGI	C	0.04%
UHS	D	0.04%
DXC	B	0.04%
AMAT	F	0.04%
NTRS	A	0.04%
BHP	F	0.04%
PPL	B	0.04%
FDX	B	0.04%
MLM	B	0.04%
WLK	D	0.04%
JBHT	C	0.04%
DOW	F	0.04%
VFC	C	0.04%
PH	A	0.04%
HON	B	0.04%
MOS	F	0.04%
RPRX	D	0.04%
FOXA	B	0.04%
JEF	A	0.04%
GSK	F	0.04%
NOC	D	0.04%
LUV	C	0.04%
DIS	B	0.04%
AXP	A	0.04%
HCA	F	0.04%
AIG	B	0.04%
AMZN	C	0.04%
DELL	C	0.04%
AMCR	D	0.03%
KEYS	A	0.03%
VMC	B	0.03%
HP	B	0.03%
THG	A	0.03%
DLR	B	0.03%
BWA	D	0.03%
PHM	D	0.03%
IFF	D	0.03%
EMR	A	0.03%
KMPR	B	0.03%
HAS	D	0.03%
CLX	B	0.03%
MAIN	A	0.03%
TEL	B	0.03%
RL	B	0.03%
GP	F	0.03%
TME	D	0.03%
GWW	B	0.03%
FTNT	C	0.03%
BC	C	0.03%
LII	A	0.03%
JBL	B	0.03%
ED	D	0.03%
SNX	C	0.03%
AN	C	0.03%
LDOS	C	0.03%
MHK	D	0.03%
WB	D	0.03%
BAX	D	0.03%
CE	F	0.03%
FRT	B	0.03%
OPI	F	0.03%
FTV	C	0.03%
JD	D	0.03%
MSI	B	0.03%
AWH	F	0.03%
JCI	C	0.03%
IP	B	0.03%
PVH	C	0.03%
VNT	B	0.03%
BKU	A	0.03%
VRSN	F	0.03%
CNO	A	0.03%
KEY	B	0.03%
ALL	A	0.03%
SWK	D	0.03%
DG	F	0.03%
LHX	C	0.03%
MKC	D	0.03%
DGX	A	0.03%
FANG	D	0.03%
AVT	C	0.03%
MDLZ	F	0.03%
HAL	C	0.03%
TMO	F	0.03%
WMB	A	0.03%
LVS	C	0.03%
MU	D	0.03%
EPD	A	0.03%
EXC	C	0.03%
PFE	D	0.03%
PYPL	B	0.03%
ARCC	A	0.03%
BIDU	F	0.03%
USB	A	0.03%
CSCO	B	0.03%
HPE	B	0.03%
GE	D	0.03%
IBM	C	0.03%
C	A	0.03%
HSBC	B	0.03%
TSLX	C	0.02%
TCPC	C	0.02%
FNB	A	0.02%
VLY	B	0.02%
SNV	B	0.02%
WAL	B	0.02%
ALLE	D	0.02%
ADI	D	0.02%
AIZ	A	0.02%
APD	A	0.02%
DOV	A	0.02%
LEG	F	0.02%
RGA	A	0.02%
KSS	F	0.02%
SBRA	C	0.02%
OCSL	F	0.02%
EQH	B	0.02%
GXO	B	0.02%
HTGC	D	0.02%
NEU	C	0.02%
BCSF	C	0.02%
CTVA	C	0.02%
PSEC	D	0.02%
AGO	B	0.02%
RNR	C	0.02%
HES	B	0.02%
TRMB	B	0.02%
ADM	D	0.02%
KRC	C	0.02%
TKR	D	0.02%
OC	A	0.02%
ADSK	A	0.02%
JNPR	F	0.02%
RS	B	0.02%
ILMN	D	0.02%
G	B	0.02%
RPM	A	0.02%
EL	F	0.02%
GBDC	C	0.02%
FHN	A	0.02%
CF	B	0.02%
STLD	B	0.02%
DAL	C	0.02%
LLY	F	0.02%
LNT	A	0.02%
HOG	D	0.02%
UNM	A	0.02%
PKG	A	0.02%
HUBB	B	0.02%
LAZ	B	0.02%
GSBD	F	0.02%
TDY	B	0.02%
BKH	A	0.02%
VOYA	B	0.02%
SLG	B	0.02%
WPC	D	0.02%
WM	A	0.02%
MRVL	B	0.02%
ROK	B	0.02%
BG	F	0.02%
L	A	0.02%
KR	B	0.02%
SHW	A	0.02%
AON	A	0.02%
KMB	D	0.02%
A	D	0.02%
HII	D	0.02%
MCO	B	0.02%
LYB	F	0.02%
H	B	0.02%
ARE	D	0.02%
DHI	D	0.02%
CNP	B	0.02%
CNA	B	0.02%
UAL	A	0.02%
EQIX	A	0.02%
WEC	A	0.02%
AWK	D	0.02%
R	B	0.02%
TJX	A	0.02%
CAH	B	0.02%
HBAN	A	0.02%
SRE	A	0.02%
XEL	A	0.02%
WAB	B	0.02%
SITC	D	0.02%
ORLY	B	0.02%
CFG	B	0.02%
NDAQ	A	0.02%
LEN	D	0.02%
EXPE	B	0.02%
ABT	B	0.02%
AMP	A	0.02%
LH	C	0.02%
SYK	C	0.02%
ROST	C	0.02%
AGR	B	0.02%
K	A	0.02%
ETR	B	0.02%
CNH	C	0.02%
SPG	B	0.02%
GLPI	C	0.02%
STZ	D	0.02%
CRM	B	0.02%
GPN	B	0.02%
CM	A	0.02%
TSN	B	0.02%
DUK	C	0.02%
ICE	C	0.02%
AL	B	0.02%
SYY	B	0.02%
UPS	C	0.02%
MMC	B	0.02%
SLB	C	0.02%
GD	F	0.02%
RTX	C	0.02%
VOD	F	0.02%
KDP	D	0.02%
PNC	B	0.02%
EOG	A	0.02%
BXP	D	0.02%
AER	B	0.02%
BNS	A	0.02%
DB	D	0.02%
OMC	C	0.02%
PEP	F	0.02%
CB	C	0.02%
PCG	A	0.02%
TFC	A	0.02%
DFS	B	0.02%
VZ	C	0.02%
BMY	B	0.02%
RY	A	0.02%
CI	F	0.02%
MUFG	B	0.02%
CVX	A	0.02%
NWG	C	0.02%
INTC	D	0.02%
WFC	A	0.02%
CHD	B	0.01%
NEM	D	0.01%
BEN	C	0.01%
VNO	B	0.01%
FE	C	0.01%
BRO	B	0.01%
ALB	C	0.01%
PDM	D	0.01%
ARW	D	0.01%
CSL	C	0.01%
O	D	0.01%
CSX	B	0.01%
EFX	F	0.01%
RSG	A	0.01%
ROP	B	0.01%
AEP	D	0.01%
CP	D	0.01%
DHR	F	0.01%
WEST	C	0.01%
MTB	A	0.01%
ES	D	0.01%
CPB	D	0.01%
PPG	F	0.01%
HSY	F	0.01%
AMG	B	0.01%
OGS	A	0.01%
PAA	B	0.01%
APTV	D	0.01%
HUM	C	0.01%
MCK	B	0.01%
ADBE	C	0.01%
KMI	A	0.01%
VTR	C	0.01%
NFG	A	0.01%
SCHW	B	0.01%
CAG	D	0.01%
GIS	D	0.01%
DTE	C	0.01%
STT	A	0.01%
CCI	D	0.01%
FITB	A	0.01%
PSX	C	0.01%
UNH	C	0.01%
AMGN	D	0.01%
BMO	A	0.01%
TD	F	0.01%
AMT	D	0.01%
COF	B	0.01%
AZN	D	0.01%
MCD	D	0.01%
GM	B	0.01%
ZBH	C	0.01%
CVS	D	0.01%
T	A	0.01%
CMCSA	B	0.01%
BA	F	0.01%
FCNCA	A	0.0%
CTRA	B	0.0%
CMS	C	0.0%
AEE	A	0.0%
CMI	A	0.0%
PCAR	B	0.0%
KIM	A	0.0%
WHR	B	0.0%
FLEX	A	0.0%
APH	A	0.0%
AZO	C	0.0%
ESS	B	0.0%
BDN	C	0.0%
BRX	A	0.0%
NSC	B	0.0%
TXT	D	0.0%
TXN	C	0.0%
LIN	D	0.0%
OKE	A	0.0%
WELL	A	0.0%
BSX	B	0.0%
AES	F	0.0%
DOC	D	0.0%
FSK	A	0.0%
MPLX	A	0.0%
DE	A	0.0%
SO	D	0.0%
NEE	D	0.0%

SCHJ Underweight 44 Positions Relative to QDF

Symbol	Grade	Weight
META	D	-3.1%
ACN	C	-1.93%
GOOG	C	-1.63%
VRT	B	-0.83%
FAST	B	-0.68%
PAYX	C	-0.63%
VIRT	B	-0.6%
KTB	B	-0.6%
GEN	B	-0.58%
SNA	A	-0.56%
WTW	B	-0.56%
CHRW	C	-0.55%
OMF	A	-0.52%
CPT	B	-0.51%
SMG	D	-0.5%
RDN	C	-0.49%
STWD	C	-0.49%
UGI	A	-0.49%
NSA	D	-0.49%
BPOP	B	-0.48%
WDFC	B	-0.47%
IPG	D	-0.45%
POOL	C	-0.44%
WSM	B	-0.43%
CFR	B	-0.42%
WY	D	-0.42%
CTAS	B	-0.39%
RHI	B	-0.38%
WMS	D	-0.36%
APLE	B	-0.35%
IRDM	D	-0.31%
NEP	F	-0.3%
OLN	D	-0.25%
WING	D	-0.2%
RMD	C	-0.17%
DPZ	C	-0.17%
PAYC	B	-0.16%
COR	B	-0.14%
BSY	D	-0.13%
EXP	A	-0.08%
WFRD	D	-0.07%
CSWI	A	-0.07%
STNG	F	-0.02%
BBWI	D	-0.01%