TDVG vs. QDEF ETF Comparison

Comparison of T. Rowe Price Dividend Growth ETF (TDVG) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

TDVG

T. Rowe Price Dividend Growth ETF

TDVG Description

The investment seeks dividend income and long-term capital growth. The fund normally invests at least 80% of the fund's assets in stocks that have a strong track record of paying dividends or are expected to pay dividends over time (even if not currently paying dividends) (or futures that have similar economic characteristics). It primarily invests in exchange-traded securities that trade synchronously with the fund's shares, cash, and cash equivalents. The fund may also invest inADRs and common stocks listed on a foreign exchange that trade on such exchange synchronously with the fund's shares (i.e., during the U.S. listing exchange's trading hours).

Grade (RS Rating)

Last Trade

$40.70

Average Daily Volume

62,090

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

QDEF

FlexShares Quality Dividend Defensive Index Fund

QDEF 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 Defensive 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 that is lower than that of the Northern Trust 1250 IndexSM. It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$71.06

Average Daily Volume

6,166

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

Performance

Period	TDVG	QDEF
30 Days	0.04%	1.50%
60 Days	5.06%	6.70%
90 Days	5.58%	8.31%
12 Months	28.48%	34.86%

26 Overlapping Holdings

Symbol	Grade	Weight in TDVG	Weight in QDEF	Overlap
AAPL	C	4.79%	6.16%	4.79%
ABBV	A	0.92%	3.01%	0.92%
ADP	A	0.51%	1.05%	0.51%
AMT	C	0.75%	0.99%	0.75%
AVY	B	0.82%	0.52%	0.52%
BAC	D	1.25%	0.02%	0.02%
CI	C	0.53%	0.92%	0.53%
COST	C	0.66%	0.23%	0.23%
EQR	C	1.01%	0.56%	0.56%
HD	A	1.21%	2.99%	1.21%
ITW	B	0.37%	0.71%	0.37%
JNJ	C	0.46%	3.22%	0.46%
JPM	D	2.09%	0.64%	0.64%
KLAC	D	1.63%	0.96%	0.96%
KO	B	1.19%	0.75%	0.75%
MCK	F	1.75%	0.6%	0.6%
MSFT	C	7.1%	5.17%	5.17%
OTIS	A	0.47%	0.5%	0.47%
PM	B	0.68%	1.56%	0.68%
QCOM	D	0.55%	1.77%	0.55%
TMUS	A	0.88%	0.97%	0.88%
V	C	2.16%	0.35%	0.35%
WEC	A	0.04%	0.28%	0.04%
WMT	A	1.24%	0.11%	0.11%
XOM	B	1.33%	0.48%	0.48%
ZTS	B	0.66%	0.12%	0.12%

TDVG Overweight 77 Positions Relative to QDEF

Symbol	Grade	Weight
LLY	D	2.12%
CB	A	1.93%
GE	C	1.85%
UNH	B	1.76%
MMC	D	1.73%
TMO	C	1.52%
ROP	C	1.49%
AMAT	D	1.43%
ACN	B	1.41%
APH	D	1.36%
HLT	B	1.32%
HON	B	1.29%
ROST	C	1.29%
LIN	B	1.29%
AZN	D	1.23%
SCHW	D	1.18%
WCN	D	1.13%
CL	D	1.12%
AXP	A	1.11%
BR	B	1.1%
HWM	A	1.09%
DHR	B	1.05%
SYK	C	1.04%
BDX	B	1.04%
ELV	F	0.97%
MS	B	0.95%
SLB	F	0.93%
PGR	C	0.93%
UNP	C	0.93%
ADI	C	0.92%
NOC	B	0.86%
TEL	D	0.85%
MCD	A	0.85%
MDLZ	C	0.81%
COP	D	0.79%
PEP	D	0.73%
TT	A	0.72%
MCHP	F	0.72%
EOG	D	0.7%
HIG	A	0.7%
KVUE	C	0.68%
SHW	B	0.68%
WFC	D	0.67%
AEE	A	0.66%
A	B	0.63%
ODFL	D	0.62%
EQT	C	0.6%
GS	D	0.57%
CSX	D	0.57%
CMS	A	0.56%
SPGI	C	0.54%
YUM	B	0.54%
TGT	C	0.52%
GEHC	B	0.52%
TXN	C	0.52%
DG	F	0.52%
GEV	A	0.52%
NEE	A	0.5%
ROK	D	0.5%
ATO	A	0.47%
TSCO	A	0.44%
WMB	A	0.41%
SWK	A	0.39%
STZ	B	0.37%
EFX	D	0.37%
TTC	D	0.35%
CMI	B	0.35%
AON	A	0.32%
REXR	D	0.32%
MAR	B	0.31%
LVS	B	0.28%
RPM	C	0.27%
NKE	D	0.27%
BALL	B	0.26%
JBHT	D	0.22%
DE	A	0.21%
MDT	A	0.02%

TDVG Underweight 95 Positions Relative to QDEF

Symbol	Grade	Weight
NVDA	C	-4.88%
PG	C	-2.94%
MRK	F	-2.72%
META	A	-2.71%
IBM	C	-1.76%
GOOGL	C	-1.27%
INTU	F	-1.22%
LMT	A	-1.11%
GOOG	C	-1.03%
TJX	C	-0.99%
SBUX	B	-0.97%
GILD	A	-0.95%
AVGO	C	-0.88%
DUK	B	-0.81%
MO	B	-0.79%
T	A	-0.75%
VZ	A	-0.7%
CME	A	-0.69%
MMM	B	-0.68%
MSI	A	-0.67%
PSA	C	-0.65%
BK	C	-0.63%
AFL	A	-0.6%
D	A	-0.58%
FIS	C	-0.58%
PAYX	A	-0.58%
RMD	C	-0.57%
EME	C	-0.56%
ESS	C	-0.56%
MAA	C	-0.56%
UMBF	C	-0.55%
CSCO	A	-0.55%
KMB	B	-0.55%
LDOS	A	-0.54%
WTW	A	-0.54%
VRSK	D	-0.54%
NSA	C	-0.54%
CPT	C	-0.54%
OHI	C	-0.54%
GIS	B	-0.53%
PPL	A	-0.53%
K	B	-0.53%
ED	A	-0.53%
PNW	A	-0.52%
ORI	A	-0.52%
BPOP	D	-0.52%
CSL	A	-0.52%
UNM	A	-0.52%
EA	D	-0.52%
AIZ	A	-0.52%
MET	A	-0.52%
CSWI	B	-0.51%
CFR	D	-0.51%
NEP	D	-0.51%
WDFC	C	-0.51%
FAST	C	-0.51%
VIRT	C	-0.51%
DOX	B	-0.5%
BWXT	A	-0.5%
IRDM	C	-0.5%
IPG	C	-0.5%
RDN	D	-0.5%
LSTR	D	-0.49%
HRB	C	-0.49%
WU	D	-0.48%
STNG	D	-0.47%
SWKS	F	-0.47%
WSM	C	-0.47%
LOW	A	-0.46%
CUBE	C	-0.46%
OGE	A	-0.46%
OMF	D	-0.46%
EXPD	B	-0.45%
SAIC	B	-0.44%
EXC	A	-0.41%
DELL	D	-0.41%
CHE	B	-0.41%
EBAY	A	-0.41%
EVRG	B	-0.4%
BSY	D	-0.4%
DPZ	D	-0.39%
BMY	B	-0.38%
MSM	D	-0.37%
VRT	B	-0.35%
STWD	C	-0.35%
MAS	A	-0.25%
PEG	A	-0.25%
NNN	A	-0.24%
MA	A	-0.22%
AVB	C	-0.18%
SCCO	B	-0.17%
CAH	B	-0.16%
BAH	A	-0.12%
ROL	B	-0.12%
DDS	D	-0.1%