QDEF vs. CGGE ETF Comparison

Comparison of FlexShares Quality Dividend Defensive Index Fund (QDEF) to Capital Group Global Equity ETF (CGGE)

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

$73.46

Average Daily Volume

6,939

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

CGGE

Capital Group Global Equity ETF

CGGE Description

The fund invests primarily in common stocks of issuers around the world that the investment adviser believes have the potential for growth, many of which have the potential to pay dividends. Under normal market conditions, the fund will invest at least 80% of its net assets in equity-type securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.09

Average Daily Volume

24,263

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QDEF	CGGE
30 Days	2.73%	-0.14%
60 Days	2.78%	-2.18%
90 Days	5.03%	-0.30%
12 Months	31.02%

17 Overlapping Holdings

Symbol	Grade	Weight in QDEF	Weight in CGGE	Overlap
AAPL	B	6.07%	2.28%	2.28%
ABBV	D	2.6%	0.88%	0.88%
ABBV	D	2.6%	1.1%	1.1%
AVGO	D	0.88%	2.9%	0.88%
BMY	B	0.45%	0.55%	0.45%
CME	A	0.71%	0.5%	0.5%
COST	B	0.24%	0.49%	0.24%
EA	C	0.6%	0.65%	0.6%
GIS	D	0.45%	0.44%	0.44%
GOOGL	C	1.36%	2.16%	1.36%
JPM	B	0.73%	1.4%	0.73%
KLAC	F	0.79%	0.85%	0.79%
MA	B	0.23%	0.85%	0.23%
META	D	2.76%	0.8%	0.8%
MSFT	D	4.97%	2.48%	2.48%
PM	B	1.65%	1.45%	1.45%
V	A	0.38%	1.29%	0.38%

QDEF Overweight 107 Positions Relative to CGGE

Symbol	Grade	Weight
NVDA	C	6.0%
HD	A	3.07%
JNJ	D	2.93%
PG	A	2.83%
MRK	F	2.25%
IBM	C	1.7%
QCOM	F	1.65%
INTU	C	1.29%
TMUS	A	1.14%
ADP	B	1.13%
GOOG	C	1.1%
LMT	D	1.05%
GILD	B	1.03%
TJX	A	0.99%
SBUX	B	0.98%
MO	A	0.86%
CI	D	0.83%
AMT	D	0.82%
T	A	0.77%
DUK	C	0.77%
ITW	A	0.74%
MSI	C	0.74%
MCK	C	0.71%
BK	A	0.67%
MMM	D	0.66%
VZ	B	0.65%
UNM	A	0.65%
KO	D	0.65%
EME	B	0.64%
BWXT	B	0.64%
PAYX	B	0.63%
UMBF	B	0.61%
CSCO	A	0.61%
FIS	D	0.6%
AFL	B	0.6%
CFR	B	0.6%
GEN	A	0.59%
PSA	C	0.59%
AIZ	B	0.58%
WTW	B	0.58%
FAST	B	0.58%
VIRT	B	0.57%
CSWI	A	0.57%
COR	C	0.57%
LDOS	D	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	B	0.53%
OHI	D	0.53%
MET	A	0.53%
EQR	B	0.53%
MAA	B	0.53%
PNW	B	0.52%
IRDM	C	0.52%
CPT	B	0.51%
OTIS	C	0.51%
KMB	C	0.51%
XOM	C	0.5%
OMF	A	0.5%
LSTR	B	0.49%
ED	D	0.49%
AVY	D	0.48%
DOX	D	0.48%
BPOP	B	0.48%
RDN	C	0.48%
LOW	C	0.47%
NSA	C	0.47%
OGE	A	0.47%
IPG	C	0.46%
DELL	C	0.46%
VRT	B	0.45%
HRB	D	0.45%
WU	D	0.43%
EXPD	C	0.42%
SAIC	F	0.41%
WSM	B	0.41%
DPZ	C	0.41%
CUBE	D	0.4%
EVRG	A	0.4%
EBAY	C	0.4%
EXC	D	0.39%
CHE	D	0.39%
SWKS	F	0.39%
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%
MAS	C	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	B	0.12%
ROL	B	0.12%
ZTS	D	0.11%
BAC	A	0.02%

QDEF Underweight 44 Positions Relative to CGGE

Symbol	Grade	Weight
HLT	A	-1.52%
UNH	B	-1.43%
TSM	C	-1.4%
ABT	B	-1.3%
GEV	C	-1.12%
FDX	B	-1.1%
NOC	D	-1.08%
GE	D	-1.03%
DHR	D	-1.02%
HEI	B	-1.0%
REGN	F	-0.98%
RCL	B	-0.94%
MMC	A	-0.93%
IR	A	-0.91%
CMCSA	C	-0.89%
AME	A	-0.84%
SPGI	C	-0.82%
MELI	C	-0.8%
ACN	B	-0.72%
AON	A	-0.7%
AWI	B	-0.7%
CVX	B	-0.68%
EIX	A	-0.65%
CHTR	C	-0.65%
ADI	D	-0.64%
FCX	F	-0.64%
AMZN	C	-0.61%
WFC	A	-0.59%
NOW	B	-0.56%
CNP	A	-0.56%
EQIX	A	-0.54%
LIN	D	-0.53%
CEG	D	-0.53%
AJG	A	-0.52%
KDP	D	-0.51%
BGNE	D	-0.51%
CSX	B	-0.51%
SAIA	C	-0.5%
TSCO	C	-0.48%
RTX	D	-0.48%
AES	F	-0.48%
STZ	D	-0.47%
HON	B	-0.44%
GLOB	B	-0.36%