USCA vs. QDEF ETF Comparison

Comparison of Xtrackers MSCI USA Climate Action Equity ETF (USCA) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

USCA

Xtrackers MSCI USA Climate Action Equity ETF

USCA Description

The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index, which is comprised of large and mid-capitalization companies in the United States that the underlying index"s methodology assesses as leading their sector peers in taking action relating to a climate transition. The fund will invest at least 80% of its total assets in component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.72

Average Daily Volume

99,900

Number of Holdings ^*

293

* 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

$72.79

Average Daily Volume

6,852

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	USCA	QDEF
30 Days	3.84%	1.58%
60 Days	5.61%	2.63%
90 Days	7.33%	4.66%
12 Months	34.59%	30.49%

60 Overlapping Holdings

Symbol	Grade	Weight in USCA	Weight in QDEF	Overlap
AAPL	C	5.22%	6.07%	5.22%
ABBV	D	0.81%	2.6%	0.81%
ADP	B	0.33%	1.13%	0.33%
AMT	D	0.24%	0.82%	0.24%
AVB	B	0.09%	0.18%	0.09%
AVGO	D	2.03%	0.88%	0.88%
AVY	D	0.04%	0.48%	0.04%
BAC	A	0.88%	0.02%	0.02%
BAH	F	0.06%	0.12%	0.06%
BK	A	0.16%	0.67%	0.16%
BMY	B	0.32%	0.45%	0.32%
BSY	D	0.02%	0.37%	0.02%
CME	A	0.22%	0.71%	0.22%
CSCO	B	0.63%	0.61%	0.61%
CSL	C	0.06%	0.53%	0.06%
D	C	0.13%	0.56%	0.13%
DELL	C	0.1%	0.46%	0.1%
DUK	C	0.23%	0.77%	0.23%
EBAY	D	0.09%	0.4%	0.09%
ED	D	0.09%	0.49%	0.09%
EQR	B	0.07%	0.53%	0.07%
EXC	C	0.1%	0.39%	0.1%
EXPD	D	0.05%	0.42%	0.05%
FIS	C	0.14%	0.6%	0.14%
GEN	B	0.05%	0.59%	0.05%
GILD	C	0.31%	1.03%	0.31%
GIS	D	0.1%	0.45%	0.1%
GOOG	C	2.02%	1.1%	1.1%
GOOGL	C	2.33%	1.36%	1.36%
HD	A	1.08%	3.07%	1.08%
IBM	C	0.51%	1.7%	0.51%
INTU	C	0.53%	1.29%	0.53%
ITW	B	0.22%	0.74%	0.22%
JNJ	D	0.98%	2.93%	0.98%
JPM	A	1.87%	0.73%	0.73%
K	A	0.06%	0.53%	0.06%
KMB	D	0.12%	0.51%	0.12%
KO	D	0.69%	0.65%	0.65%
MA	C	1.16%	0.23%	0.23%
MCK	B	0.22%	0.71%	0.22%
META	D	3.41%	2.76%	2.76%
MMM	D	0.2%	0.66%	0.2%
MRK	F	0.67%	2.25%	0.67%
MSFT	F	4.41%	4.97%	4.41%
NVDA	C	6.73%	6.0%	6.0%
PAYX	C	0.13%	0.63%	0.13%
PEG	A	0.12%	0.26%	0.12%
PG	A	1.06%	2.83%	1.06%
QCOM	F	0.49%	1.65%	0.49%
SBUX	A	0.3%	0.98%	0.3%
T	A	0.43%	0.77%	0.43%
TMUS	B	0.34%	1.14%	0.34%
V	A	1.31%	0.38%	0.38%
VRSK	A	0.11%	0.57%	0.11%
VZ	C	0.46%	0.65%	0.46%
WMT	A	1.01%	0.12%	0.12%
WSM	B	0.04%	0.41%	0.04%
WTW	B	0.08%	0.58%	0.08%
XOM	B	1.46%	0.5%	0.5%
ZTS	D	0.21%	0.11%	0.11%

USCA Overweight 233 Positions Relative to QDEF

Symbol	Grade	Weight
AMZN	C	5.12%
TSLA	B	2.41%
LLY	F	1.71%
UNH	C	1.47%
NFLX	A	0.97%
CRM	B	0.86%
ORCL	B	0.83%
CVX	A	0.76%
WFC	A	0.69%
ADBE	C	0.64%
PEP	F	0.61%
ACN	C	0.61%
AMD	F	0.6%
LIN	D	0.59%
MCD	D	0.58%
NOW	A	0.57%
TMO	F	0.55%
ABT	B	0.54%
DIS	B	0.54%
CAT	B	0.51%
GS	A	0.51%
TXN	C	0.5%
BKNG	A	0.47%
CMCSA	B	0.46%
AXP	A	0.45%
MS	A	0.44%
SPGI	C	0.44%
DHR	F	0.44%
AMGN	D	0.43%
BLK	C	0.42%
PGR	A	0.41%
NEE	D	0.41%
PFE	D	0.4%
UNP	C	0.39%
ETN	A	0.39%
COP	C	0.36%
UBER	D	0.36%
BSX	B	0.35%
BX	A	0.35%
VRTX	F	0.34%
PANW	C	0.34%
FI	A	0.33%
PLTR	B	0.32%
SCHW	B	0.32%
CB	C	0.3%
PLD	D	0.29%
INTC	D	0.29%
ADI	D	0.29%
MMC	B	0.29%
DE	A	0.28%
SO	D	0.26%
SHW	A	0.26%
UPS	C	0.26%
NKE	D	0.25%
TT	A	0.25%
MDLZ	F	0.24%
WM	A	0.24%
ICE	C	0.24%
SNPS	B	0.23%
MELI	D	0.23%
CDNS	B	0.23%
EQIX	A	0.23%
PYPL	B	0.23%
WELL	A	0.22%
REGN	F	0.22%
CMG	B	0.22%
USB	A	0.21%
EOG	A	0.21%
CTAS	B	0.21%
MCO	B	0.21%
CRWD	B	0.21%
AON	A	0.2%
EMR	A	0.2%
CVS	D	0.19%
MAR	B	0.19%
CSX	B	0.19%
FDX	B	0.19%
CEG	D	0.19%
TGT	F	0.19%
CL	D	0.19%
ADSK	A	0.18%
GM	B	0.18%
FCX	D	0.17%
SLB	C	0.17%
HLT	A	0.17%
OKE	A	0.17%
ECL	D	0.17%
AJG	B	0.17%
APO	B	0.17%
SRE	A	0.16%
JCI	C	0.16%
SPG	B	0.16%
ROP	B	0.16%
PCAR	B	0.16%
TRV	B	0.16%
ABNB	C	0.16%
NSC	B	0.16%
FTNT	C	0.16%
KMI	A	0.15%
DLR	B	0.15%
WDAY	B	0.15%
AIG	B	0.14%
PWR	A	0.13%
O	D	0.13%
NEM	D	0.13%
WCN	A	0.13%
CMI	A	0.13%
CPRT	A	0.13%
AEP	D	0.13%
F	C	0.12%
MNST	C	0.12%
DFS	B	0.12%
ODFL	B	0.12%
BKR	B	0.12%
CCI	D	0.12%
RSG	A	0.12%
AME	A	0.12%
SQ	B	0.12%
STZ	D	0.11%
EW	C	0.11%
TEAM	A	0.11%
CTVA	C	0.11%
CBRE	B	0.11%
CTSH	B	0.11%
HES	B	0.11%
IT	C	0.11%
IDXX	F	0.1%
HUBS	A	0.1%
MLM	B	0.1%
HIG	B	0.1%
CHTR	C	0.1%
ACGL	D	0.1%
IQV	D	0.1%
LULU	C	0.1%
XEL	A	0.1%
YUM	B	0.1%
KDP	D	0.1%
A	D	0.1%
SNOW	C	0.1%
VICI	C	0.09%
GRMN	B	0.09%
EFX	F	0.09%
ROK	B	0.09%
NDAQ	A	0.09%
OXY	D	0.09%
HUM	C	0.09%
DD	D	0.09%
WAB	B	0.09%
NUE	C	0.09%
FANG	D	0.09%
STT	A	0.08%
DOV	A	0.08%
XYL	D	0.08%
PPG	F	0.08%
GPN	B	0.08%
ANSS	B	0.08%
BIIB	F	0.07%
WST	C	0.07%
AWK	D	0.07%
MTD	D	0.07%
BR	A	0.07%
HPE	B	0.07%
CHD	B	0.07%
FTV	C	0.07%
DECK	A	0.07%
TROW	B	0.07%
NET	B	0.07%
HSY	F	0.07%
CBOE	B	0.06%
CLX	B	0.06%
NTRS	A	0.06%
STLD	B	0.06%
ES	D	0.06%
ATO	A	0.06%
WY	D	0.06%
ZBH	C	0.06%
WAT	B	0.06%
PTC	A	0.06%
ILMN	D	0.06%
HUBB	B	0.06%
TWLO	A	0.05%
RPM	A	0.05%
TRMB	B	0.05%
MANH	D	0.05%
PINS	D	0.05%
IEX	B	0.05%
PNR	A	0.05%
ULTA	F	0.05%
MRO	B	0.05%
WRB	A	0.05%
ARE	D	0.05%
LVS	C	0.05%
ZS	C	0.05%
FDS	B	0.05%
MKC	D	0.05%
TRU	D	0.05%
BALL	D	0.05%
LH	C	0.05%
FSLR	F	0.05%
LII	A	0.05%
AKAM	D	0.04%
RVTY	F	0.04%
INCY	C	0.04%
ACM	A	0.04%
TW	A	0.04%
EL	F	0.04%
LNT	A	0.04%
DOC	D	0.04%
JBHT	C	0.04%
GGG	B	0.04%
KIM	A	0.04%
OC	A	0.04%
WYNN	D	0.03%
WTRG	B	0.03%
CRL	C	0.03%
CTLT	B	0.03%
CCK	C	0.03%
SNAP	C	0.03%
TAP	C	0.03%
PAYC	B	0.03%
BXP	D	0.03%
DAY	B	0.03%
CG	A	0.03%
ALB	C	0.03%
OKTA	C	0.03%
JKHY	D	0.03%
REG	B	0.03%
H	B	0.02%
MTCH	D	0.02%
DVA	B	0.02%
TFX	F	0.02%
CPB	D	0.02%
MGM	D	0.02%

USCA Underweight 63 Positions Relative to QDEF

Symbol	Grade	Weight
PM	B	-1.65%
LMT	D	-1.05%
TJX	A	-0.99%
MO	A	-0.86%
CI	F	-0.83%
KLAC	D	-0.79%
MSI	B	-0.74%
UNM	A	-0.65%
EME	C	-0.64%
BWXT	B	-0.64%
UMBF	B	-0.61%
EA	A	-0.6%
AFL	B	-0.6%
CFR	B	-0.6%
PSA	D	-0.59%
AIZ	A	-0.58%
FAST	B	-0.58%
VIRT	B	-0.57%
CSWI	A	-0.57%
COR	B	-0.57%
LDOS	C	-0.57%
WDFC	B	-0.55%
PPL	B	-0.55%
ORI	A	-0.54%
ESS	B	-0.54%
RMD	C	-0.54%
OHI	C	-0.53%
MET	A	-0.53%
MAA	B	-0.53%
PNW	B	-0.52%
IRDM	D	-0.52%
CPT	B	-0.51%
OTIS	C	-0.51%
OMF	A	-0.5%
LSTR	D	-0.49%
DOX	D	-0.48%
BPOP	B	-0.48%
RDN	C	-0.48%
LOW	D	-0.47%
NSA	D	-0.47%
OGE	B	-0.47%
IPG	D	-0.46%
VRT	B	-0.45%
HRB	D	-0.45%
WU	D	-0.43%
SAIC	F	-0.41%
DPZ	C	-0.41%
CUBE	D	-0.4%
EVRG	A	-0.4%
CHE	D	-0.39%
SWKS	F	-0.39%
MSM	C	-0.37%
STNG	F	-0.36%
STWD	C	-0.32%
NEP	F	-0.32%
WEC	A	-0.28%
COST	B	-0.24%
MAS	D	-0.23%
NNN	D	-0.21%
CAH	B	-0.17%
SCCO	F	-0.16%
DDS	B	-0.12%
ROL	B	-0.12%