MILN vs. QDEF ETF Comparison

Comparison of Global X Millennials Thematic ETF (MILN) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

MILN

Global X Millennials Thematic ETF

MILN Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX Millennials Thematic Index. The fund invests more than 80% of its total assets in the securities of the underlying index. The underlying index is designed to measure the performance of U.S. listed companies that provide exposure to the millennial generation, as defined by the index provider. The millennial generation refers to the demographic cohort in the U.S. with birth years ranging from 1980 to 2000. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.31

Average Daily Volume

7,643

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	MILN	QDEF
30 Days	8.67%	1.58%
60 Days	11.32%	2.63%
90 Days	15.75%	4.66%
12 Months	42.61%	30.49%

12 Overlapping Holdings

Symbol	Grade	Weight in MILN	Weight in QDEF	Overlap
AAPL	C	3.27%	6.07%	3.27%
AVB	B	2.26%	0.18%	0.18%
COST	B	3.24%	0.24%	0.24%
CPT	B	0.9%	0.51%	0.51%
EBAY	D	2.19%	0.4%	0.4%
EQR	B	1.93%	0.53%	0.53%
GOOGL	C	2.85%	1.36%	1.36%
HD	A	3.0%	3.07%	3.0%
INTU	C	2.86%	1.29%	1.29%
LOW	D	2.94%	0.47%	0.47%
META	D	2.82%	2.76%	2.76%
SBUX	A	2.95%	0.98%	0.98%

MILN Overweight 64 Positions Relative to QDEF

Symbol	Grade	Weight
SPOT	B	3.91%
SE	B	3.73%
FI	A	3.53%
BKNG	A	3.48%
PYPL	B	3.37%
NFLX	A	3.35%
DASH	A	3.17%
AMZN	C	2.88%
SQ	B	2.72%
CMG	B	2.52%
LULU	C	2.38%
UBER	D	2.37%
DIS	B	2.23%
NKE	D	2.11%
ABNB	C	2.04%
CVNA	B	1.9%
EXPE	B	1.6%
INVH	D	1.41%
SNAP	C	1.06%
UDR	B	1.01%
SFM	A	1.0%
SOFI	A	0.9%
KMX	B	0.84%
DKS	C	0.79%
PLNT	A	0.57%
MTCH	D	0.56%
PTON	B	0.56%
SKX	D	0.55%
VFC	C	0.53%
HIMS	B	0.48%
VSCO	B	0.48%
LC	A	0.48%
LYFT	C	0.47%
AN	C	0.47%
VMEO	B	0.45%
ETSY	D	0.43%
LTH	C	0.42%
LRN	A	0.42%
ZG	A	0.41%
CARG	C	0.4%
PRDO	B	0.4%
UAA	C	0.37%
SLM	A	0.36%
COLM	B	0.34%
GHC	C	0.33%
LAUR	A	0.32%
IRT	A	0.32%
CSR	B	0.31%
NNI	D	0.3%
CARS	B	0.28%
XPOF	C	0.26%
STRA	C	0.25%
W	F	0.25%
CAR	C	0.25%
YELP	C	0.23%
ANGI	D	0.22%
ZIP	F	0.22%
CRI	D	0.18%
DBI	F	0.15%
CPRI	F	0.15%
COUR	F	0.14%
TRIP	F	0.13%
ACCD	D	0.11%
CHGG	D	0.05%

MILN Underweight 111 Positions Relative to QDEF

Symbol	Grade	Weight
NVDA	C	-6.0%
MSFT	F	-4.97%
JNJ	D	-2.93%
PG	A	-2.83%
ABBV	D	-2.6%
MRK	F	-2.25%
IBM	C	-1.7%
QCOM	F	-1.65%
PM	B	-1.65%
TMUS	B	-1.14%
ADP	B	-1.13%
GOOG	C	-1.1%
LMT	D	-1.05%
GILD	C	-1.03%
TJX	A	-0.99%
AVGO	D	-0.88%
MO	A	-0.86%
CI	F	-0.83%
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%
MCK	B	-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%
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%
MAA	B	-0.53%
PNW	B	-0.52%
IRDM	D	-0.52%
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%
NSA	D	-0.47%
OGE	B	-0.47%
IPG	D	-0.46%
DELL	C	-0.46%
BMY	B	-0.45%
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%
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%
MA	C	-0.23%
MAS	D	-0.23%
NNN	D	-0.21%
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%
BAC	A	-0.02%