DIEM vs. IQDE ETF Comparison

Comparison of Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) to FlexShares International Quality Dividend Defensive Index Fund (IQDE)

DIEM

Franklin Emerging Market Core Dividend Tilt Index ETF

DIEM Description

The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index seeks to achieve a lower level of risk and higher risk-adjusted performance than the MSCI Emerging Markets Index over the long term by applying a multi-factor selection process.

Grade (RS Rating)

Last Trade

$26.91

Average Daily Volume

2,442

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IQDE

FlexShares International Quality Dividend Defensive Index Fund

IQDE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust International Quality Dividend Defensive IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in its underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of international equity securities issued by non-U.S.-based companies, with an emphasis on long-term capital growth and a targeted overall volatility.

Grade (RS Rating)

Last Trade

$21.72

Average Daily Volume

1,430

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DIEM	IQDE
30 Days	-3.57%	-2.98%
60 Days	-0.77%	-4.67%
90 Days	-0.32%	-5.64%
12 Months	18.99%	11.38%

4 Overlapping Holdings

Symbol	Grade	Weight in DIEM	Weight in IQDE	Overlap
BABA	D	0.62%	0.3%	0.3%
BCH	F	0.19%	0.22%	0.19%
SKM	D	0.15%	0.21%	0.15%
VALE	F	0.91%	0.14%	0.14%

DIEM Overweight 9 Positions Relative to IQDE

Symbol	Grade	Weight
HDB	C	1.16%
UMC	F	0.62%
CHT	D	0.53%
BAP	A	0.47%
ABEV	F	0.35%
BEKE	D	0.29%
PAC	B	0.27%
GGB	C	0.13%
KB	B	0.07%

DIEM Underweight 10 Positions Relative to IQDE

Symbol	Grade	Weight
NVS	D	-1.25%
SMFG	B	-0.61%
BCS	C	-0.49%
CNI	D	-0.42%
STLA	F	-0.27%
AGCO	D	-0.21%
OTEX	D	-0.16%
HSBH	B	-0.15%
UL	D	-0.11%
TD	F	-0.05%