GMOV vs. QDEF ETF Comparison

Comparison of GMO US Value ETF (GMOV) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

GMOV

GMO US Value ETF

GMOV Description

GMOV aims for total return by investing in undervalued securities within the US stock market. The fund employs a combination of proprietary quantitative analysis and historical comparisons to evaluate stocks based on key financial indicators, such as asset valuation, cash flow, and future earnings potential. This evaluation process supports informed decisions about position sizes and sector allocations, while also integrating ESG criteria to avoid industries like cluster munitions and thermal coal. GMOV maintains a focus on US companies, ensuring at least 80% of its assets are linked to this market, which allows for potential concentration in specific sectors. To enhance liquidity, the fund can invest in the GMO US Treasury Fund and other money market instruments, enabling adjustments to market conditions.

Grade (RS Rating)

Last Trade

$25.86

Average Daily Volume

31,420

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

QDEF

FlexShares Quality Dividend Defensive Index Fund

QDEF 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 Defensive 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 that is lower than that of the Northern Trust 1250 IndexSM. It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$72.79

Average Daily Volume

6,852

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	GMOV	QDEF
30 Days		1.58%
60 Days		2.63%
90 Days		4.66%
12 Months		30.49%

23 Overlapping Holdings

Symbol	Grade	Weight in GMOV	Weight in QDEF	Overlap
BAC	A	3.0%	0.02%	0.02%
BK	A	1.24%	0.67%	0.67%
CI	F	1.96%	0.83%	0.83%
CSCO	B	2.63%	0.61%	0.61%
EBAY	D	0.93%	0.4%	0.4%
GIS	D	0.83%	0.45%	0.45%
GOOGL	C	2.65%	1.36%	1.36%
HRB	D	0.55%	0.45%	0.45%
IBM	C	2.25%	1.7%	1.7%
JNJ	D	3.45%	2.93%	2.93%
JPM	A	3.07%	0.73%	0.73%
KMB	D	0.14%	0.51%	0.14%
META	D	2.43%	2.76%	2.43%
MRK	F	2.48%	2.25%	2.25%
OMF	A	0.17%	0.5%	0.17%
PG	A	0.3%	2.83%	0.3%
QCOM	F	0.86%	1.65%	0.86%
RDN	C	0.51%	0.48%	0.48%
SWKS	F	0.68%	0.39%	0.39%
UNM	A	0.59%	0.65%	0.59%
VZ	C	1.95%	0.65%	0.65%
WU	D	0.42%	0.43%	0.42%
XOM	B	3.13%	0.5%	0.5%

GMOV Overweight 123 Positions Relative to QDEF

Symbol	Grade	Weight
CVX	A	2.76%
GS	A	2.16%
PFE	D	2.1%
CMCSA	B	1.9%
C	A	1.86%
CMI	A	1.41%
ELV	F	1.36%
HPE	B	1.32%
INTC	D	1.2%
EOG	A	1.18%
LYB	F	1.17%
CVS	D	1.14%
MDT	D	1.13%
COF	B	1.11%
REGN	F	1.02%
SOLV	C	1.0%
MTB	A	0.99%
HIG	B	0.97%
HPQ	B	0.97%
DFS	B	0.94%
PYPL	B	0.92%
GM	B	0.91%
KR	B	0.91%
CTSH	B	0.9%
F	C	0.89%
STT	A	0.89%
PCAR	B	0.89%
SYF	B	0.84%
KHC	F	0.78%
MS	A	0.77%
ADM	D	0.76%
CNC	D	0.76%
BBY	D	0.76%
TROW	B	0.74%
HUM	C	0.68%
ZM	B	0.67%
BWA	D	0.65%
DG	F	0.64%
STLD	B	0.64%
USB	A	0.62%
MTG	C	0.59%
BG	F	0.59%
TPR	B	0.58%
TGT	F	0.58%
ALLY	C	0.57%
NUE	C	0.56%
VTRS	A	0.56%
ARW	D	0.54%
AVT	C	0.5%
TAP	C	0.5%
SKX	D	0.49%
EG	C	0.47%
LEA	D	0.46%
CROX	D	0.46%
AGCO	D	0.45%
CAG	D	0.45%
INCY	C	0.43%
WHR	B	0.43%
PVH	C	0.42%
EXEL	B	0.36%
SIG	B	0.35%
OSK	B	0.34%
AMG	B	0.32%
AN	C	0.32%
ASO	F	0.3%
GPI	A	0.3%
FHI	A	0.3%
UFPI	B	0.29%
PPG	F	0.28%
UTHR	C	0.27%
PII	D	0.27%
OVV	B	0.27%
KBH	D	0.27%
INGR	B	0.26%
ACGL	D	0.26%
PHM	D	0.25%
JXN	C	0.25%
BEN	C	0.23%
ALSN	B	0.23%
MLI	C	0.21%
JHG	A	0.21%
IVZ	B	0.21%
LKQ	D	0.2%
ALL	A	0.19%
SLM	A	0.19%
APTV	D	0.19%
ALV	C	0.18%
OC	A	0.18%
CMC	B	0.16%
JAZZ	B	0.15%
FOXA	B	0.14%
TOL	B	0.12%
MOS	F	0.12%
RF	A	0.12%
MAN	D	0.1%
SNA	A	0.1%
FNF	B	0.09%
GHC	C	0.09%
ATKR	C	0.09%
CRI	D	0.09%
VLO	C	0.08%
SNX	C	0.08%
M	D	0.08%
RHI	B	0.08%
ATGE	B	0.07%
WBA	F	0.07%
CNH	C	0.07%
TSN	B	0.07%
WFC	A	0.07%
AXP	A	0.06%
LZB	B	0.06%
SEE	C	0.06%
KSS	F	0.06%
MATX	C	0.06%
FHN	A	0.06%
PINC	B	0.06%
BC	C	0.06%
TEX	D	0.05%
CNXC	F	0.05%
NEU	C	0.05%
BCC	B	0.05%
FL	F	0.02%
WGO	C	0.01%

GMOV Underweight 100 Positions Relative to QDEF

Symbol	Grade	Weight
AAPL	C	-6.07%
NVDA	C	-6.0%
MSFT	F	-4.97%
HD	A	-3.07%
ABBV	D	-2.6%
PM	B	-1.65%
INTU	C	-1.29%
TMUS	B	-1.14%
ADP	B	-1.13%
GOOG	C	-1.1%
LMT	D	-1.05%
GILD	C	-1.03%
TJX	A	-0.99%
SBUX	A	-0.98%
AVGO	D	-0.88%
MO	A	-0.86%
AMT	D	-0.82%
KLAC	D	-0.79%
T	A	-0.77%
DUK	C	-0.77%
ITW	B	-0.74%
MSI	B	-0.74%
CME	A	-0.71%
MCK	B	-0.71%
MMM	D	-0.66%
KO	D	-0.65%
EME	C	-0.64%
BWXT	B	-0.64%
PAYX	C	-0.63%
UMBF	B	-0.61%
FIS	C	-0.6%
EA	A	-0.6%
AFL	B	-0.6%
CFR	B	-0.6%
GEN	B	-0.59%
PSA	D	-0.59%
AIZ	A	-0.58%
WTW	B	-0.58%
FAST	B	-0.58%
VIRT	B	-0.57%
CSWI	A	-0.57%
COR	B	-0.57%
LDOS	C	-0.57%
VRSK	A	-0.57%
D	C	-0.56%
WDFC	B	-0.55%
PPL	B	-0.55%
ORI	A	-0.54%
ESS	B	-0.54%
RMD	C	-0.54%
K	A	-0.53%
CSL	C	-0.53%
OHI	C	-0.53%
MET	A	-0.53%
EQR	B	-0.53%
MAA	B	-0.53%
PNW	B	-0.52%
IRDM	D	-0.52%
CPT	B	-0.51%
OTIS	C	-0.51%
LSTR	D	-0.49%
ED	D	-0.49%
AVY	D	-0.48%
DOX	D	-0.48%
BPOP	B	-0.48%
LOW	D	-0.47%
NSA	D	-0.47%
OGE	B	-0.47%
IPG	D	-0.46%
DELL	C	-0.46%
BMY	B	-0.45%
VRT	B	-0.45%
EXPD	D	-0.42%
SAIC	F	-0.41%
WSM	B	-0.41%
DPZ	C	-0.41%
CUBE	D	-0.4%
EVRG	A	-0.4%
EXC	C	-0.39%
CHE	D	-0.39%
V	A	-0.38%
MSM	C	-0.37%
BSY	D	-0.37%
STNG	F	-0.36%
STWD	C	-0.32%
NEP	F	-0.32%
WEC	A	-0.28%
PEG	A	-0.26%
COST	B	-0.24%
MA	C	-0.23%
MAS	D	-0.23%
NNN	D	-0.21%
AVB	B	-0.18%
CAH	B	-0.17%
SCCO	F	-0.16%
BAH	F	-0.12%
DDS	B	-0.12%
WMT	A	-0.12%
ROL	B	-0.12%
ZTS	D	-0.11%