AUSF vs. QLV ETF Comparison

Comparison of Global X Adaptive U.S. Factor ETF (AUSF) to FlexShares US Quality Low Volatility Index Fund (QLV)

AUSF

Global X Adaptive U.S. Factor ETF

AUSF Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Factor Index (the "index"). The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.40

Average Daily Volume

29,764

Number of Holdings ^*

188

* 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

$62.75

Average Daily Volume

15,416

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	AUSF	QLV
30 Days	-2.24%	2.12%
60 Days	0.93%	7.73%
90 Days	-1.28%	4.04%
12 Months	28.00%	19.86%

46 Overlapping Holdings

Symbol	Grade	Weight in AUSF	Weight in QLV	Overlap
AAPL	B	0.1%	5.5%	0.1%
ABBV	B	0.15%	1.29%	0.15%
ADP	C	0.08%	0.8%	0.08%
AMGN	B	0.31%	0.81%	0.31%
ATR	B	0.08%	0.53%	0.08%
BRK.A	C	1.51%	0.52%	0.52%
CHE	D	0.54%	0.73%	0.54%
CHK	D	0.49%	0.48%	0.48%
CME	D	1.3%	0.82%	0.82%
DOX	F	1.22%	0.7%	0.7%
DTM	A	0.62%	0.52%	0.52%
DUK	B	0.1%	0.87%	0.1%
EA	B	1.25%	0.19%	0.19%
ED	D	0.1%	0.75%	0.1%
GD	A	1.51%	0.62%	0.62%
GILD	F	0.6%	0.84%	0.6%
HII	D	0.08%	0.48%	0.08%
IBM	C	1.8%	1.22%	1.22%
JNJ	F	1.47%	0.76%	0.76%
LIN	B	1.42%	0.18%	0.18%
LLY	A	0.2%	3.07%	0.2%
LMT	C	1.48%	1.03%	1.03%
MCD	F	1.23%	1.83%	1.23%
MCK	A	0.46%	0.34%	0.34%
MRK	B	1.52%	3.23%	1.52%
NOC	F	0.08%	0.57%	0.08%
PEP	D	0.95%	1.62%	0.95%
PG	A	0.9%	3.38%	0.9%
PKG	B	0.07%	0.77%	0.07%
PNW	C	0.08%	0.48%	0.08%
QGEN	B	0.08%	0.49%	0.08%
REGN	A	0.08%	0.73%	0.08%
ROP	A	1.51%	0.18%	0.18%
RSG	B	1.45%	0.57%	0.57%
T	B	1.77%	1.25%	1.25%
TMUS	B	1.59%	1.01%	1.01%
TRV	D	0.1%	0.55%	0.1%
TXN	B	0.58%	0.87%	0.58%
UNH	D	0.08%	0.14%	0.08%
V	D	1.44%	2.14%	1.44%
VRSK	A	0.08%	0.74%	0.08%
VRTX	B	0.09%	1.2%	0.09%
VZ	B	1.92%	1.63%	1.63%
WM	C	1.42%	0.87%	0.87%
WRB	C	0.1%	0.48%	0.1%
XOM	D	0.08%	0.08%	0.08%

AUSF Overweight 142 Positions Relative to QLV

Symbol	Grade	Weight
WMT	A	1.62%
MMC	A	1.54%
AJG	A	1.53%
ACI	F	1.44%
CSCO	F	1.22%
VRSN	C	1.19%
KO	B	1.11%
NSIT	B	1.1%
CBOE	D	0.84%
BR	C	0.79%
HPQ	B	0.64%
IP	A	0.63%
KMI	B	0.63%
MO	B	0.63%
WMB	A	0.62%
HPE	B	0.61%
GPS	C	0.61%
GLW	A	0.6%
AVT	B	0.57%
OGN	C	0.57%
AME	C	0.57%
JXN	C	0.56%
GM	B	0.56%
ETRN	C	0.56%
SIG	D	0.55%
SNX	A	0.55%
KBH	B	0.55%
BBY	A	0.55%
ARW	C	0.54%
SYF	C	0.54%
ALLY	B	0.54%
ABG	B	0.54%
AGNC	A	0.53%
PFE	C	0.53%
EMN	B	0.53%
MTG	B	0.53%
UAL	C	0.53%
COLB	F	0.53%
WAL	C	0.53%
CRBG	B	0.53%
LBRDK	F	0.52%
FITB	C	0.52%
CFG	C	0.52%
FHN	D	0.52%
AM	B	0.52%
ZION	C	0.52%
MTB	C	0.51%
ONB	C	0.51%
MAN	D	0.51%
RDN	C	0.51%
CADE	D	0.51%
FNB	D	0.5%
BMY	F	0.5%
FMC	F	0.5%
OMF	C	0.5%
PNC	C	0.5%
C	C	0.5%
OKE	C	0.5%
MDT	D	0.5%
UNM	D	0.49%
COF	C	0.49%
WFC	C	0.49%
PB	D	0.49%
BG	D	0.49%
BKR	D	0.49%
ADM	F	0.49%
F	D	0.49%
STWD	C	0.49%
M	D	0.49%
LAD	D	0.49%
CMA	D	0.48%
KRC	D	0.48%
UBSI	D	0.48%
RPRX	F	0.48%
ALB	F	0.48%
USB	C	0.48%
RF	C	0.48%
CAG	D	0.47%
VTRS	F	0.47%
LYB	C	0.47%
CMCSA	F	0.47%
NOV	D	0.47%
CE	D	0.46%
HBAN	D	0.46%
BCC	D	0.46%
AL	C	0.46%
CHRD	D	0.46%
X	F	0.46%
KEY	D	0.46%
CMC	D	0.45%
OZK	D	0.45%
MOS	F	0.45%
PTEN	F	0.45%
CIVI	D	0.45%
PRGO	F	0.45%
KHC	D	0.44%
WBS	D	0.44%
AGCO	F	0.43%
INTC	F	0.42%
HP	F	0.42%
CVS	D	0.42%
TAP	F	0.39%
YUM	C	0.3%
PSX	D	0.24%
DGX	C	0.24%
CACI	A	0.18%
EME	B	0.17%
PGR	C	0.16%
CHD	A	0.13%
KR	C	0.12%
CASY	B	0.12%
TW	C	0.12%
COST	A	0.12%
SNA	D	0.12%
SO	B	0.11%
AFL	A	0.1%
LDOS	B	0.1%
SAIC	D	0.1%
RTX	B	0.1%
HON	A	0.09%
ORI	D	0.09%
CAH	C	0.09%
GRMN	B	0.09%
DRI	C	0.08%
MDLZ	D	0.08%
CVX	D	0.08%
BSX	B	0.08%
ICE	B	0.08%
BDX	D	0.08%
MSI	A	0.08%
SON	C	0.08%
KMB	A	0.08%
TJX	A	0.08%
NEU	D	0.07%
ORLY	C	0.07%
DLB	F	0.07%
MA	C	0.07%
AKAM	F	0.07%
FDS	D	0.07%
HIG	A	0.07%
L	C	0.07%
PCAR	C	0.06%

AUSF Underweight 64 Positions Relative to QLV

Symbol	Grade	Weight
MSFT	A	-9.23%
NVDA	A	-4.92%
AMZN	C	-2.34%
AVGO	B	-1.3%
META	B	-1.13%
GOOGL	B	-1.06%
ABT	D	-1.02%
DLR	A	-0.86%
GOOG	B	-0.83%
CHKP	B	-0.8%
ALL	D	-0.79%
AVY	A	-0.78%
PSA	B	-0.78%
TYL	B	-0.76%
GIS	C	-0.75%
WEC	D	-0.73%
AFG	C	-0.71%
LSTR	C	-0.7%
QLYS	F	-0.7%
AIZ	D	-0.7%
WDFC	D	-0.69%
CB	B	-0.68%
RGLD	D	-0.68%
CHRW	B	-0.64%
WCN	A	-0.56%
XEL	D	-0.54%
EQIX	C	-0.54%
AZO	C	-0.54%
TSCO	A	-0.54%
AEP	B	-0.52%
BAH	B	-0.52%
CTRA	D	-0.51%
NBIX	D	-0.51%
ADC	B	-0.51%
BMRN	C	-0.51%
CMS	D	-0.5%
SCI	B	-0.5%
MKL	B	-0.5%
AEE	D	-0.5%
CINF	C	-0.5%
RYAN	B	-0.49%
HSY	F	-0.49%
TTEK	B	-0.49%
SFM	B	-0.49%
FCN	D	-0.47%
SWX	C	-0.47%
SIGI	F	-0.47%
CPB	C	-0.47%
HRL	F	-0.43%
FLO	D	-0.43%
CWAN	C	-0.35%
SR	D	-0.35%
TGNA	F	-0.33%
DDS	C	-0.3%
SLGN	D	-0.3%
CRUS	A	-0.3%
BMI	B	-0.24%
IDA	D	-0.22%
PM	B	-0.17%
JPM	B	-0.17%
HELE	F	-0.08%
ALKS	C	-0.07%
CLX	C	-0.05%
EXPD	B	-0.03%