MTUM vs. QLC ETF Comparison

Comparison of iShares MSCI USA Momentum Factor ETF (MTUM) to FlexShares US Quality Large Cap Index Fund (QLC)

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$201.94

Average Daily Volume

652,346

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

QLC

FlexShares US Quality Large Cap Index Fund

QLC Description

FlexShares Trust - FlexShares US Quality Large Cap Index Fund is an exchange traded fund launched by Northern Trust Corporation. The fund is managed by Northern Trust Investments, Incorporated. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of large-cap companies. The fund seeks to track the performance of the Northern Trust Quality Large Cap Index, by employing representative sampling methodology. FlexShares Trust - FlexShares US Quality Large Cap Index Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$64.68

Average Daily Volume

43,713

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

Performance

Period	MTUM	QLC
30 Days	3.83%	2.30%
60 Days	8.00%	4.61%
90 Days	3.85%	4.95%
12 Months	44.81%	36.67%

43 Overlapping Holdings

Symbol	Grade	Weight in MTUM	Weight in QLC	Overlap
ALLY	F	0.06%	0.33%	0.06%
AMAT	D	1.3%	0.78%	0.78%
AMZN	C	4.65%	2.28%	2.28%
APP	C	0.33%	0.23%	0.23%
AVGO	C	4.97%	1.81%	1.81%
BK	B	0.45%	0.64%	0.45%
C	C	1.0%	1.17%	1.0%
CBRE	B	0.32%	0.6%	0.32%
CL	C	0.8%	0.37%	0.37%
CSL	B	0.23%	0.35%	0.23%
DELL	C	0.45%	0.3%	0.3%
DFS	C	0.32%	0.15%	0.15%
DVA	B	0.08%	0.41%	0.08%
EBAY	B	0.25%	0.5%	0.25%
EME	B	0.35%	0.11%	0.11%
EMR	D	0.55%	0.02%	0.02%
FICO	B	0.52%	0.6%	0.52%
FITB	B	0.24%	0.25%	0.24%
GE	C	3.57%	1.05%	1.05%
GS	B	1.69%	0.59%	0.59%
HOOD	C	0.11%	0.15%	0.11%
JPM	D	4.28%	1.86%	1.86%
KLAC	D	1.01%	0.82%	0.82%
LDOS	A	0.23%	0.55%	0.23%
LEN	B	0.3%	0.1%	0.1%
LLY	D	4.67%	1.45%	1.45%
LMT	A	1.02%	0.64%	0.64%
MCK	F	0.83%	0.66%	0.66%
META	B	5.12%	2.44%	2.44%
MMM	B	0.99%	0.27%	0.27%
NRG	B	0.27%	0.46%	0.27%
NTAP	D	0.33%	0.18%	0.18%
NVDA	C	4.4%	5.51%	4.4%
NVR	B	0.24%	0.59%	0.24%
PEG	B	0.51%	0.61%	0.51%
PHM	B	0.36%	0.26%	0.26%
PM	C	1.52%	0.52%	0.52%
QCOM	D	1.42%	0.71%	0.71%
SMCI	F	0.35%	0.06%	0.06%
SYF	C	0.18%	0.45%	0.18%
UTHR	B	0.14%	0.13%	0.13%
WAB	B	0.32%	0.27%	0.27%
WSM	C	0.27%	0.16%	0.16%

MTUM Overweight 80 Positions Relative to QLC

Symbol	Grade	Weight
COST	C	3.73%
WMT	B	3.38%
PGR	C	1.96%
ETN	C	1.81%
RTX	B	1.59%
AXP	B	1.47%
CEG	C	1.39%
ANET	C	1.24%
BSX	B	1.21%
KKR	B	1.19%
ISRG	C	1.15%
TJX	C	1.11%
TT	B	1.1%
VRTX	D	0.97%
MU	D	0.96%
CB	B	0.94%
APH	C	0.94%
CTAS	C	0.89%
PH	B	0.8%
TDG	B	0.79%
FI	B	0.78%
MSI	B	0.76%
ICE	C	0.75%
WELL	C	0.72%
HWM	B	0.65%
VST	B	0.64%
GD	C	0.59%
PLTR	C	0.59%
AJG	D	0.56%
VRT	C	0.51%
IRM	C	0.5%
TRGP	C	0.49%
APO	B	0.47%
HIG	B	0.46%
URI	B	0.46%
WMB	C	0.45%
AEP	C	0.44%
DHI	C	0.44%
COIN	F	0.41%
ALL	C	0.41%
HLT	B	0.41%
IR	B	0.4%
MSTR	C	0.39%
PWR	B	0.39%
MPWR	B	0.38%
RSG	D	0.36%
GRMN	D	0.36%
FERG	D	0.33%
VLTO	B	0.33%
GDDY	C	0.31%
MLM	D	0.28%
DECK	C	0.28%
LII	C	0.26%
ARES	B	0.26%
BRO	C	0.25%
NDAQ	C	0.25%
VMC	C	0.24%
TPL	C	0.23%
TYL	C	0.22%
WTW	B	0.22%
SW	B	0.21%
AXON	B	0.21%
DOV	B	0.21%
STX	B	0.17%
ERIE	B	0.17%
WDC	C	0.17%
TW	B	0.17%
HEI	C	0.16%
PSTG	F	0.15%
PKG	B	0.15%
HUBB	B	0.14%
HEI	C	0.13%
IP	C	0.13%
UHS	C	0.13%
L	D	0.12%
OC	C	0.12%
DKS	D	0.11%
TOST	C	0.09%
FNF	B	0.09%
CG	C	0.07%

MTUM Underweight 118 Positions Relative to QLC

Symbol	Grade	Weight
AAPL	C	-7.85%
MSFT	C	-5.07%
GOOGL	D	-2.79%
GOOG	D	-2.76%
BRK.A	C	-2.35%
JNJ	C	-1.63%
BAC	D	-1.34%
PG	C	-1.34%
CSCO	B	-1.17%
MRK	F	-1.1%
ORCL	B	-1.05%
INTU	D	-1.04%
CAT	B	-0.94%
SO	B	-0.89%
ADBE	F	-0.88%
CI	C	-0.86%
LRCX	D	-0.82%
T	B	-0.76%
CMCSA	C	-0.75%
ITW	B	-0.74%
ACN	C	-0.67%
AMGN	D	-0.67%
HD	B	-0.65%
AFL	A	-0.62%
NFLX	B	-0.61%
SPG	B	-0.61%
COF	B	-0.61%
ETR	A	-0.59%
GWW	B	-0.58%
MPC	F	-0.58%
AVB	C	-0.57%
PPL	A	-0.56%
ED	B	-0.56%
BKNG	B	-0.56%
TSLA	C	-0.56%
AZO	B	-0.56%
MET	B	-0.55%
ESS	C	-0.55%
ADI	C	-0.54%
PSA	C	-0.54%
MS	B	-0.54%
VLO	F	-0.53%
CHKP	B	-0.53%
AIG	D	-0.52%
HST	D	-0.49%
EQR	C	-0.47%
WY	C	-0.47%
KR	B	-0.46%
KMB	C	-0.46%
LOW	B	-0.45%
MELI	C	-0.44%
GIS	B	-0.42%
STLD	C	-0.42%
STT	B	-0.42%
OMC	B	-0.42%
FTNT	B	-0.42%
EXPD	B	-0.41%
RMD	C	-0.41%
BMY	C	-0.4%
NUE	D	-0.4%
EXC	B	-0.4%
MTD	C	-0.39%
CNC	D	-0.39%
UPS	D	-0.37%
CTSH	B	-0.35%
WFC	D	-0.35%
FIS	C	-0.34%
RCL	B	-0.31%
PCAR	D	-0.28%
MCHP	D	-0.28%
PRU	C	-0.28%
CMI	B	-0.27%
MO	C	-0.27%
MAS	B	-0.26%
JBL	C	-0.25%
TAP	D	-0.25%
EA	D	-0.25%
ICLR	F	-0.23%
HCA	B	-0.23%
ABBV	B	-0.23%
HOLX	D	-0.22%
ABNB	D	-0.22%
IDXX	D	-0.22%
OXY	F	-0.22%
EIX	B	-0.22%
BBY	A	-0.21%
DASH	B	-0.21%
CAH	C	-0.21%
IT	C	-0.19%
PSX	F	-0.19%
ELV	D	-0.17%
PAYX	C	-0.15%
GILD	B	-0.15%
THC	C	-0.15%
CE	D	-0.13%
LYB	D	-0.13%
ABT	C	-0.13%
MANH	B	-0.12%
AOS	B	-0.1%
REGN	D	-0.1%
CRBG	C	-0.08%
GEHC	B	-0.08%
FLEX	B	-0.07%
TGT	C	-0.07%
SYK	C	-0.05%
ZM	C	-0.05%
DHR	B	-0.05%
ADP	C	-0.05%
EXPE	C	-0.04%
EVRG	B	-0.03%
JLL	B	-0.03%
CRM	C	-0.03%
ROP	C	-0.03%
MAA	C	-0.02%
TXT	D	-0.02%
MEDP	F	-0.02%
ADM	D	-0.02%
LAMR	B	-0.02%