WDIV vs. QDF ETF Comparison

Comparison of SPDR S&P Global Dividend (WDIV) to FlexShares Quality Dividend Index Fund (QDF)

WDIV

SPDR S&P Global Dividend

WDIV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return of an index that tracks stocks of global companies that offer high dividend yields. In seeking to track the performance of the S&P Global Dividend Aristocrats Index (the "index"), the fund employs a sampling strategy. It generally invests at least 80% of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$66.65

Average Daily Volume

8,555

Number of Holdings ^*

* 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

$71.22

Average Daily Volume

46,144

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	WDIV	QDF
30 Days	4.76%	2.42%
60 Days	8.30%	4.87%
90 Days	13.54%	6.57%
12 Months	21.92%	27.18%

4 Overlapping Holdings

Symbol	Grade	Weight in WDIV	Weight in QDF	Overlap
JHG	B	0.83%	0.51%	0.51%
MO	C	2.49%	0.84%	0.84%
PM	C	1.47%	1.38%	1.38%
WU	F	1.02%	0.5%	0.5%

WDIV Overweight 17 Positions Relative to QDF

Symbol	Grade	Weight
HIW	B	2.41%
LTC	C	1.63%
VZ	B	1.54%
OKE	B	1.4%
GTY	B	1.37%
BXP	B	1.24%
PFE	C	1.18%
AMCR	B	1.17%
AVA	C	1.12%
UL	C	1.07%
LYB	D	1.04%
NWBI	C	0.88%
KEY	B	0.86%
FIBK	B	0.8%
PFS	B	0.71%
COLB	B	0.67%
TD	B	0.65%

WDIV Underweight 121 Positions Relative to QDF

Symbol	Grade	Weight
AAPL	C	-8.27%
MSFT	C	-5.21%
NVDA	D	-4.94%
JNJ	C	-3.32%
PG	C	-3.22%
ABBV	C	-3.1%
META	B	-3.04%
KO	C	-2.57%
ACN	C	-1.98%
QCOM	D	-1.74%
GOOGL	D	-1.69%
INTU	C	-1.69%
HD	B	-1.68%
GOOG	D	-1.49%
UNP	C	-1.37%
LOW	B	-1.23%
ADP	B	-1.06%
GILD	B	-0.96%
LRCX	F	-0.95%
KLAC	D	-0.92%
NKE	D	-0.9%
AVGO	C	-0.89%
ZTS	C	-0.83%
MS	D	-0.75%
SBUX	C	-0.74%
ITW	C	-0.71%
MMM	B	-0.69%
CAT	B	-0.69%
LMT	C	-0.68%
PSA	B	-0.66%
JPM	D	-0.65%
EBAY	B	-0.62%
PAYX	C	-0.62%
BK	B	-0.62%
AFL	C	-0.62%
FIS	B	-0.61%
D	C	-0.61%
AVB	B	-0.6%
VRT	C	-0.6%
MAA	B	-0.59%
FAST	C	-0.59%
PEG	C	-0.59%
PRU	C	-0.58%
EQR	B	-0.58%
NSA	B	-0.57%
MRK	D	-0.56%
VIRT	C	-0.55%
NXPI	F	-0.55%
MPC	F	-0.55%
OHI	B	-0.55%
WTW	C	-0.54%
CPT	B	-0.54%
MCHP	F	-0.54%
ORI	B	-0.53%
VLO	F	-0.53%
EA	D	-0.53%
MET	B	-0.53%
KTB	B	-0.52%
IPG	C	-0.52%
RDN	C	-0.52%
STWD	A	-0.52%
CHRW	B	-0.51%
NEP	D	-0.5%
BPOP	C	-0.5%
CMA	B	-0.5%
OGE	C	-0.5%
IVZ	B	-0.49%
FAF	B	-0.49%
UGI	C	-0.49%
XOM	C	-0.48%
DVN	F	-0.48%
SMG	C	-0.48%
WSM	D	-0.47%
SWKS	D	-0.47%
SNA	C	-0.45%
POOL	C	-0.45%
OMF	D	-0.45%
WY	C	-0.45%
TPR	C	-0.44%
WDFC	C	-0.44%
NUE	F	-0.42%
EVRG	B	-0.42%
HST	C	-0.42%
CUBE	C	-0.42%
WMS	D	-0.41%
TT	B	-0.4%
CTAS	B	-0.38%
V	C	-0.38%
PFG	B	-0.38%
SCCO	D	-0.36%
ALLY	F	-0.35%
EIX	C	-0.35%
LNC	D	-0.34%
CFR	C	-0.34%
RHI	D	-0.33%
APLE	D	-0.33%
IRDM	D	-0.31%
BR	D	-0.29%
OLN	D	-0.27%
NNN	C	-0.27%
MA	B	-0.26%
WING	B	-0.25%
COST	B	-0.24%
NTAP	D	-0.22%
RMD	C	-0.19%
HRB	C	-0.18%
CL	D	-0.17%
PNW	C	-0.16%
DPZ	F	-0.16%
BSY	D	-0.14%
PAYC	D	-0.13%
WMT	C	-0.12%
EXP	B	-0.08%
WFRD	F	-0.07%
CSWI	B	-0.06%
BKNG	C	-0.06%
MAR	C	-0.04%
COP	D	-0.04%
STNG	D	-0.02%
BAC	D	-0.02%
BBWI	F	-0.01%