CVIE vs. QLVD ETF Comparison

Comparison of Calvert International Responsible Index ETF (CVIE) to FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD)

CVIE

Calvert International Responsible Index ETF

CVIE Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of large companies in developed markets, excluding the U.S., that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment.

Grade (RS Rating)

Last Trade

$56.67

Average Daily Volume

10,050

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLVD

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund

QLVD 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

$27.19

Average Daily Volume

3,318

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CVIE	QLVD
30 Days	-1.63%	-1.86%
60 Days	-4.44%	-5.38%
90 Days	-4.52%	-4.57%
12 Months	12.79%	11.59%

6 Overlapping Holdings

Symbol	Grade	Weight in CVIE	Weight in QLVD	Overlap
CNI	D	0.44%	1.27%	0.44%
HSBH	B	0.9%	0.16%	0.16%
MFG	B	0.34%	1.18%	0.34%
NVS	D	0.98%	2.43%	0.98%
TD	F	0.53%	0.55%	0.53%
UL	D	0.76%	2.75%	0.76%

CVIE Overweight 39 Positions Relative to QLVD

Symbol	Grade	Weight
TM	D	1.13%
SHOP	B	0.79%
MUFG	B	0.72%
SONY	B	0.66%
SMFG	B	0.52%
ABBV	D	0.47%
CB	C	0.47%
DEO	F	0.41%
WCN	A	0.34%
SPOT	B	0.31%
LYG	F	0.27%
NXPI	D	0.27%
GRMN	B	0.15%
SE	B	0.15%
CHKP	D	0.14%
NMR	B	0.14%
KB	B	0.13%
CCEP	C	0.13%
STLA	F	0.12%
ICLR	D	0.12%
UMC	F	0.12%
CYBR	B	0.11%
SHG	D	0.11%
RBA	A	0.11%
FLEX	A	0.1%
AGCO	D	0.1%
MNDY	C	0.08%
AER	B	0.08%
NICE	C	0.08%
ONON	A	0.07%
WIX	B	0.07%
CHT	D	0.07%
XRX	F	0.06%
LOGI	D	0.05%
QGEN	D	0.05%
WFG	D	0.05%
GRAB	B	0.04%
BNTX	D	0.04%
OTEX	D	0.03%

CVIE Underweight 0 Positions Relative to QLVD

	Symbol	Grade	Weight