IXJ vs. QDEF ETF Comparison

Comparison of iShares Global Healthcare ETF (IXJ) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

IXJ

iShares Global Healthcare ETF

IXJ Description

The investment seeks to track the investment results of an index composed of global equities in the healthcare sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Healthcare Sector IndexTM (the "underlying index"), which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be a part of the healthcare sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$90.41

Average Daily Volume

132,450

Number of Holdings ^*

* 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	IXJ	QDEF
30 Days	-5.50%	1.58%
60 Days	-8.05%	2.63%
90 Days	-9.84%	4.66%
12 Months	10.11%	30.49%

11 Overlapping Holdings

Symbol	Grade	Weight in IXJ	Weight in QDEF	Overlap
ABBV	D	4.08%	2.6%	2.6%
BMY	B	1.63%	0.45%	0.45%
CAH	B	0.41%	0.17%	0.17%
CI	F	1.23%	0.83%	0.83%
COR	B	0.58%	0.57%	0.57%
GILD	C	1.56%	1.03%	1.03%
JNJ	D	4.7%	2.93%	2.93%
MCK	B	1.08%	0.71%	0.71%
MRK	F	3.39%	2.25%	2.25%
RMD	C	0.46%	0.54%	0.46%
ZTS	D	1.09%	0.11%	0.11%

IXJ Overweight 52 Positions Relative to QDEF

Symbol	Grade	Weight
LLY	F	8.42%
UNH	C	7.43%
TMO	F	2.76%
ABT	B	2.72%
ISRG	A	2.59%
AMGN	D	2.16%
DHR	F	2.09%
PFE	D	2.02%
SYK	C	1.79%
BSX	B	1.75%
VRTX	F	1.7%
MDT	D	1.5%
ELV	F	1.28%
REGN	F	1.13%
CVS	D	0.94%
BDX	F	0.89%
HCA	F	0.87%
EW	C	0.54%
GEHC	F	0.52%
A	D	0.52%
IDXX	F	0.48%
IQV	D	0.48%
HUM	C	0.47%
CNC	D	0.42%
DXCM	D	0.41%
MTD	D	0.36%
BIIB	F	0.34%
WST	C	0.33%
WAT	B	0.31%
STE	F	0.3%
ZBH	C	0.3%
LH	C	0.27%
COO	D	0.27%
MOH	F	0.25%
PODD	C	0.25%
DGX	A	0.24%
HOLX	D	0.24%
ALGN	D	0.22%
BAX	D	0.22%
VTRS	A	0.22%
RVTY	F	0.2%
INCY	C	0.17%
TECH	D	0.16%
UHS	D	0.16%
CTLT	B	0.15%
CRL	C	0.15%
TFX	F	0.13%
SOLV	C	0.13%
HSIC	B	0.12%
MRNA	F	0.12%
DVA	B	0.1%
MBAVU	D	0.05%

IXJ Underweight 112 Positions Relative to QDEF

Symbol	Grade	Weight
AAPL	C	-6.07%
NVDA	C	-6.0%
MSFT	F	-4.97%
HD	A	-3.07%
PG	A	-2.83%
META	D	-2.76%
IBM	C	-1.7%
QCOM	F	-1.65%
PM	B	-1.65%
GOOGL	C	-1.36%
INTU	C	-1.29%
TMUS	B	-1.14%
ADP	B	-1.13%
GOOG	C	-1.1%
LMT	D	-1.05%
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%
JPM	A	-0.73%
CME	A	-0.71%
BK	A	-0.67%
MMM	D	-0.66%
VZ	C	-0.65%
UNM	A	-0.65%
KO	D	-0.65%
EME	C	-0.64%
BWXT	B	-0.64%
PAYX	C	-0.63%
UMBF	B	-0.61%
CSCO	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%
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%
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%
KMB	D	-0.51%
XOM	B	-0.5%
OMF	A	-0.5%
LSTR	D	-0.49%
ED	D	-0.49%
AVY	D	-0.48%
DOX	D	-0.48%
BPOP	B	-0.48%
RDN	C	-0.48%
LOW	D	-0.47%
NSA	D	-0.47%
OGE	B	-0.47%
IPG	D	-0.46%
DELL	C	-0.46%
GIS	D	-0.45%
VRT	B	-0.45%
HRB	D	-0.45%
WU	D	-0.43%
EXPD	D	-0.42%
SAIC	F	-0.41%
WSM	B	-0.41%
DPZ	C	-0.41%
CUBE	D	-0.4%
EVRG	A	-0.4%
EBAY	D	-0.4%
EXC	C	-0.39%
CHE	D	-0.39%
SWKS	F	-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%
SCCO	F	-0.16%
BAH	F	-0.12%
DDS	B	-0.12%
WMT	A	-0.12%
ROL	B	-0.12%
BAC	A	-0.02%