Trend Table for QLVD - FlexShares Developed Markets ex-US Quality Low Volatility Index Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 14	A	Weak or Absent	Up	Up	Up	3.49%
May 13	A	Weak or Absent	Up	Up	Up	3.73%
May 10	A	Weak or Absent	Up	Up	Up	3.47%
May 9	A	Weak or Absent	Up	Up	Up	3.88%
May 8	B	Weak or Absent	Up	Up	Up	4.59%
May 7	B	Weak or Absent	Up	Up	Up	4.52%
May 6	A	Weak or Absent	Up	Up	Up	4.70%
May 3	B	Weak or Absent	Up	Flat	Up	5.16%
May 2	C	Weak or Absent	Up	Flat	Up	5.72%
May 1	C	Weak or Absent	Up	Down	Flat	6.88%