VFMV vs. QLV ETF Comparison

Comparison of Vanguard U.S. Minimum Volatility ETF (VFMV) to FlexShares US Quality Low Volatility Index Fund (QLV)

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$123.72

Average Daily Volume

6,706

Number of Holdings ^*

165

* 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

$66.17

Average Daily Volume

8,550

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	VFMV	QLV
30 Days	0.55%	-2.04%
60 Days	2.55%	0.06%
90 Days	3.52%	2.10%
12 Months	25.85%	24.64%

59 Overlapping Holdings

Symbol	Grade	Weight in VFMV	Weight in QLV	Overlap
AAPL	C	0.54%	5.13%	0.54%
ABBV	F	0.74%	0.97%	0.74%
ABT	A	1.49%	0.92%	0.92%
ADI	D	1.5%	0.15%	0.15%
AEE	A	0.19%	0.56%	0.19%
AMGN	F	0.14%	0.73%	0.14%
ATR	B	0.25%	0.89%	0.25%
AVGO	C	0.64%	0.4%	0.4%
AZO	A	0.34%	0.56%	0.34%
BRK.A	A	0.31%	0.59%	0.31%
CB	C	0.07%	0.72%	0.07%
CHE	D	0.69%	0.74%	0.69%
CME	A	1.14%	0.91%	0.91%
CMS	C	0.03%	0.53%	0.03%
COR	B	1.48%	0.2%	0.2%
CRUS	F	0.64%	0.26%	0.26%
DOX	D	1.5%	0.76%	0.76%
DTM	A	0.35%	0.65%	0.35%
DUK	C	1.42%	0.87%	0.87%
EA	A	1.16%	0.23%	0.23%
ED	D	1.44%	0.77%	0.77%
FLO	D	0.38%	0.47%	0.38%
GD	D	1.14%	0.61%	0.61%
GILD	B	0.83%	1.11%	0.83%
GIS	D	1.0%	0.72%	0.72%
GOOG	B	0.48%	0.62%	0.48%
GOOGL	B	0.64%	0.87%	0.64%
HSY	F	0.36%	0.46%	0.36%
IBM	D	1.52%	1.77%	1.52%
JNJ	D	1.49%	1.68%	1.49%
JPM	A	0.05%	0.21%	0.05%
LIN	D	0.24%	0.19%	0.19%
LLY	F	0.32%	2.4%	0.32%
LMT	D	1.47%	1.07%	1.07%
MCD	D	0.79%	1.97%	0.79%
MCK	A	1.52%	0.35%	0.35%
META	C	0.47%	1.27%	0.47%
MRK	F	1.46%	2.29%	1.46%
MSFT	D	1.3%	7.86%	1.3%
NBIX	D	0.03%	0.43%	0.03%
NOC	D	1.17%	0.6%	0.6%
PEP	F	0.04%	1.52%	0.04%
PG	C	1.48%	3.17%	1.48%
REGN	F	1.12%	0.47%	0.47%
ROP	C	1.33%	0.14%	0.14%
RSG	B	1.2%	0.58%	0.58%
SO	C	1.38%	0.68%	0.68%
T	A	1.41%	1.46%	1.41%
TMUS	A	1.43%	1.14%	1.14%
TRV	A	0.38%	0.66%	0.38%
TXN	B	1.48%	0.86%	0.86%
TYL	B	0.74%	0.81%	0.74%
UNH	B	0.75%	0.07%	0.07%
V	A	0.35%	2.25%	0.35%
VZ	C	1.0%	1.58%	1.0%
WEC	A	0.45%	0.83%	0.45%
WM	B	1.06%	0.68%	0.68%
WTW	B	0.93%	0.87%	0.87%
XOM	A	1.23%	1.15%	1.15%

VFMV Overweight 106 Positions Relative to QLV

Symbol	Grade	Weight
EQC	A	1.49%
PGR	B	1.48%
CHD	A	1.44%
KO	D	1.4%
CVLT	B	1.38%
NTAP	D	1.37%
TJX	A	1.27%
CSCO	B	1.25%
MUSA	A	1.13%
ORLY	B	1.11%
IDT	B	1.1%
WMT	A	1.08%
RTX	D	1.06%
IDCC	A	1.06%
KEX	A	1.05%
CL	C	1.05%
CBOE	C	1.04%
FCN	F	0.98%
LRN	A	0.97%
HPQ	A	0.96%
CVX	A	0.9%
MGEE	A	0.89%
HSTM	B	0.84%
VECO	F	0.78%
DLB	D	0.78%
FE	C	0.77%
BSX	A	0.75%
TKO	C	0.73%
SPOT	A	0.68%
SAFT	B	0.67%
BLKB	C	0.66%
CTRE	D	0.65%
CAH	A	0.64%
NSIT	F	0.56%
WTM	A	0.54%
YELP	C	0.52%
NABL	F	0.51%
GDDY	A	0.46%
MATX	B	0.45%
PBH	A	0.42%
NEU	D	0.4%
INSW	F	0.37%
WMB	A	0.37%
HOLX	D	0.36%
AJG	A	0.35%
PPC	B	0.34%
LAUR	A	0.34%
NVEC	D	0.33%
THFF	B	0.33%
PFE	F	0.32%
VERX	B	0.3%
FANG	C	0.3%
RLI	A	0.3%
MDLZ	F	0.28%
QRVO	F	0.28%
OLLI	D	0.26%
QCOM	F	0.25%
JBSS	F	0.24%
MO	A	0.24%
ROL	A	0.23%
MCS	B	0.22%
EXEL	B	0.21%
AMSF	B	0.21%
LOPE	B	0.2%
MTSI	B	0.2%
DECK	A	0.2%
IMMR	F	0.2%
KMI	A	0.2%
ACN	C	0.2%
EBF	D	0.2%
JJSF	C	0.19%
CASS	B	0.19%
QNST	C	0.18%
HQY	A	0.18%
SPOK	B	0.15%
FDP	A	0.15%
OLED	F	0.14%
HCKT	B	0.14%
SPNS	F	0.14%
TW	A	0.13%
PI	D	0.12%
CI	D	0.11%
PSX	C	0.1%
DGICA	B	0.1%
TNK	F	0.09%
DJCO	B	0.09%
AMAT	F	0.08%
KLAC	F	0.07%
CNXN	D	0.07%
UNM	A	0.06%
CTSH	B	0.06%
OSIS	A	0.06%
AKAM	F	0.04%
CNA	C	0.04%
PEBK	B	0.04%
LANC	D	0.04%
CLBK	B	0.04%
GLRE	B	0.04%
MSI	A	0.03%
BCAL	A	0.03%
EIG	A	0.03%
VRTX	C	0.03%
DTE	C	0.03%
MRAM	D	0.02%
FFNW	D	0.02%
MU	D	0.02%

VFMV Underweight 55 Positions Relative to QLV

Symbol	Grade	Weight
NVDA	B	-5.54%
AMZN	B	-2.5%
ADP	B	-0.92%
QLYS	C	-0.89%
PSA	C	-0.84%
AIZ	A	-0.84%
WDFC	B	-0.81%
K	B	-0.77%
RGLD	A	-0.77%
LSTR	D	-0.74%
CHKP	D	-0.72%
ZM	B	-0.7%
QGEN	D	-0.67%
DLR	A	-0.65%
AVY	D	-0.64%
CALM	A	-0.62%
EQIX	A	-0.62%
ALL	A	-0.62%
XEL	A	-0.62%
PKG	B	-0.61%
SMMT	D	-0.61%
CINF	A	-0.59%
WCN	A	-0.57%
CTVA	D	-0.57%
SIGI	B	-0.55%
STNG	F	-0.55%
MKL	A	-0.54%
JKHY	D	-0.53%
SCI	A	-0.53%
CTRA	A	-0.53%
WRB	A	-0.53%
ADC	A	-0.52%
AEP	C	-0.52%
PNW	A	-0.52%
TSCO	D	-0.5%
BAH	D	-0.5%
SON	D	-0.49%
CHRW	A	-0.49%
TTEK	F	-0.46%
HRL	F	-0.4%
VRSK	B	-0.39%
BMRN	F	-0.37%
NFG	A	-0.37%
HII	F	-0.36%
SLGN	A	-0.33%
DDS	B	-0.3%
BMI	C	-0.28%
PM	A	-0.21%
ALKS	C	-0.19%
NCNO	B	-0.13%
CAG	F	-0.13%
L	A	-0.11%
CWAN	C	-0.09%
MMC	C	-0.05%
EXPD	D	-0.03%

VFMV: Top Represented Industries & Keywords

Industries: Insurance - Property & Casualty Semiconductors Drug Manufacturers - Major Internet Content & Information Utilities - Regulated Electric Packaged Foods Software - Application Telecom Services Information Technology Services Aerospace & Defense Banks - Regional - US Biotechnology Business Services Medical Distribution Semiconductor Equipment & Materials Shipping & Ports Education & Training Services Household & Personal Products Media - Diversified Oil & Gas Midstream