INFO vs. QDF ETF Comparison

Comparison of Harbor PanAgora Dynamic Large Cap Core ETF (INFO) to FlexShares Quality Dividend Index Fund (QDF)

INFO

Harbor PanAgora Dynamic Large Cap Core ETF

INFO Description

INFO aims to generate alpha consistently within the large-cap US market. Portfolio construction utilizes a bottom-up investment strategy integrating fundamental analysis with quantitative techniques and risk management tools. The subadvisor employs a proprietary alpha modeling framework to identify companies with strong financial and operational health, aiming for above-market returns relative to the S&P 500 Index. The strategy incorporates uncorrelated alpha factors, such as value, momentum, and quality. Additionally, ESG attributes are also evaluated to enhance the overall alpha scores. Security weighting is determined using a proprietary optimization technique, balancing alpha generation with risk metrics like tracking err, market risk, and concentration risk.

Grade (RS Rating)

Last Trade

$20.71

Average Daily Volume

785

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

QDF

FlexShares Quality Dividend Index Fund

QDF 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 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 similar to that of the Northern Trust 1250 IndexSM (the "Parent Index"). It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$72.76

Average Daily Volume

26,182

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	INFO	QDF
30 Days	1.88%	1.66%
60 Days		2.62%
90 Days		4.00%
12 Months		26.92%

28 Overlapping Holdings

Symbol	Grade	Weight in INFO	Weight in QDF	Overlap
AAPL	C	6.96%	8.54%	6.96%
AVGO	D	1.22%	0.88%	0.88%
BK	A	0.48%	0.68%	0.48%
CL	D	0.55%	0.15%	0.15%
COST	B	0.89%	0.24%	0.24%
EBAY	D	0.25%	0.58%	0.25%
EQR	B	0.76%	0.55%	0.55%
GOOGL	C	3.86%	1.84%	1.84%
HD	A	0.08%	1.77%	0.08%
INTU	C	0.81%	1.74%	0.81%
JNJ	D	0.94%	3.01%	0.94%
JPM	A	1.87%	0.75%	0.75%
LMT	D	0.94%	0.62%	0.62%
LRCX	F	0.87%	0.87%	0.87%
MA	C	1.61%	0.26%	0.26%
META	D	3.01%	3.1%	3.01%
MPC	D	0.61%	0.54%	0.54%
MRK	F	1.12%	0.45%	0.45%
MSFT	F	6.1%	4.91%	4.91%
NTAP	C	0.68%	0.22%	0.22%
NVDA	C	7.25%	5.81%	5.81%
NXPI	D	0.17%	0.52%	0.17%
PG	A	0.35%	3.03%	0.35%
QCOM	F	0.89%	1.68%	0.89%
TT	A	0.95%	0.43%	0.43%
V	A	1.13%	0.4%	0.4%
WMT	A	1.22%	0.13%	0.13%
XOM	B	1.16%	0.5%	0.5%

INFO Overweight 88 Positions Relative to QDF

Symbol	Grade	Weight
AMZN	C	4.08%
CRM	B	1.54%
TSLA	B	1.38%
NOW	A	1.2%
NFLX	A	1.13%
WFC	A	1.12%
GE	D	1.1%
TJX	A	1.04%
GM	B	1.02%
SYF	B	1.01%
BRK.A	B	0.99%
BKR	B	0.97%
MSI	B	0.95%
MCK	B	0.94%
AMAT	F	0.93%
LLY	F	0.91%
CI	F	0.88%
SPG	B	0.86%
CMCSA	B	0.86%
ETR	B	0.85%
ALL	A	0.83%
MSCI	C	0.82%
ANET	C	0.82%
MMC	B	0.81%
HIG	B	0.79%
LDOS	C	0.78%
EXC	C	0.76%
CTVA	C	0.76%
PEP	F	0.76%
NRG	B	0.74%
CBOE	B	0.73%
A	D	0.73%
HOLX	D	0.73%
MAS	D	0.72%
SPGI	C	0.69%
EQIX	A	0.69%
TGT	F	0.68%
FTV	C	0.64%
BMY	B	0.64%
MDLZ	F	0.62%
VRSK	A	0.61%
ECL	D	0.57%
AXP	A	0.56%
INVH	D	0.56%
KR	B	0.52%
MTD	D	0.48%
AVY	D	0.46%
GDDY	A	0.43%
PYPL	B	0.43%
DD	D	0.42%
WDAY	B	0.42%
CNC	D	0.41%
ROST	C	0.41%
DASH	A	0.4%
SSNC	B	0.37%
MELI	D	0.36%
NEE	D	0.36%
INGR	B	0.35%
FTI	A	0.35%
VEEV	C	0.35%
RPM	A	0.34%
UNH	C	0.34%
UBER	D	0.34%
ALNY	D	0.3%
ILMN	D	0.3%
ATR	B	0.3%
WAB	B	0.27%
CBSH	A	0.25%
UNM	A	0.25%
MU	D	0.23%
DHI	D	0.22%
SNOW	C	0.22%
AXS	A	0.2%
MKC	D	0.2%
AMD	F	0.19%
QRVO	F	0.19%
NOV	C	0.19%
DTE	C	0.18%
EOG	A	0.16%
DUK	C	0.13%
MTG	C	0.13%
PH	A	0.13%
NOC	D	0.1%
THC	D	0.09%
AMT	D	0.08%
EQH	B	0.07%
TOL	B	0.06%
HLT	A	0.05%

INFO Underweight 99 Positions Relative to QDF

Symbol	Grade	Weight
ABBV	D	-2.58%
KO	D	-2.16%
ACN	C	-1.93%
GOOG	C	-1.63%
PM	B	-1.41%
LOW	D	-1.27%
UNP	C	-1.24%
ADP	B	-1.11%
GILD	C	-1.0%
MS	A	-0.98%
MO	A	-0.89%
VRT	B	-0.83%
NKE	D	-0.83%
SBUX	A	-0.76%
KLAC	D	-0.76%
CAT	B	-0.75%
ZTS	D	-0.74%
ITW	B	-0.74%
FAST	B	-0.68%
MMM	D	-0.65%
PAYX	C	-0.63%
FIS	C	-0.62%
AFL	B	-0.62%
PEG	A	-0.61%
PRU	A	-0.61%
VIRT	B	-0.6%
KTB	B	-0.6%
JHG	A	-0.6%
PSA	D	-0.6%
D	C	-0.59%
AVB	B	-0.58%
EA	A	-0.58%
CMA	A	-0.58%
GEN	B	-0.58%
TPR	B	-0.57%
MET	A	-0.56%
SNA	A	-0.56%
WTW	B	-0.56%
ORI	A	-0.55%
CHRW	C	-0.55%
MAA	B	-0.55%
VLO	C	-0.55%
OMF	A	-0.52%
OHI	C	-0.52%
CPT	B	-0.51%
IVZ	B	-0.51%
OGE	B	-0.51%
SMG	D	-0.5%
RDN	C	-0.49%
STWD	C	-0.49%
UGI	A	-0.49%
NSA	D	-0.49%
BPOP	B	-0.48%
WDFC	B	-0.47%
FAF	A	-0.47%
DVN	F	-0.46%
IPG	D	-0.45%
MCHP	D	-0.45%
WU	D	-0.45%
POOL	C	-0.44%
WSM	B	-0.43%
CFR	B	-0.42%
NUE	C	-0.42%
EVRG	A	-0.42%
WY	D	-0.42%
HST	C	-0.41%
SWKS	F	-0.4%
CTAS	B	-0.39%
LNC	B	-0.39%
PFG	D	-0.39%
RHI	B	-0.38%
ALLY	C	-0.37%
CUBE	D	-0.37%
SCCO	F	-0.36%
WMS	D	-0.36%
APLE	B	-0.35%
EIX	B	-0.34%
IRDM	D	-0.31%
NEP	F	-0.3%
BR	A	-0.3%
OLN	D	-0.25%
NNN	D	-0.23%
WING	D	-0.2%
HRB	D	-0.17%
RMD	C	-0.17%
DPZ	C	-0.17%
PNW	B	-0.16%
PAYC	B	-0.16%
COR	B	-0.14%
BSY	D	-0.13%
EXP	A	-0.08%
WFRD	D	-0.07%
CSWI	A	-0.07%
BKNG	A	-0.07%
MAR	B	-0.05%
COP	C	-0.04%
STNG	F	-0.02%
BAC	A	-0.02%
BBWI	D	-0.01%