QDEF vs. DEW ETF Comparison

Comparison of FlexShares Quality Dividend Defensive Index Fund (QDEF) to WisdomTree Europe High-Yielding Equity Fund (DEW)

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

DEW

WisdomTree Europe High-Yielding Equity Fund

DEW Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global Equity Income Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that is comprised of high dividend-yielding companies selected from the WisdomTree Global Dividend Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$55.17

Average Daily Volume

7,535

Number of Holdings ^*

270

* may have additional holdings in another (foreign) market

Performance

Period	QDEF	DEW
30 Days	1.58%	0.81%
60 Days	2.63%	0.30%
90 Days	4.66%	2.80%
12 Months	30.49%	24.57%

41 Overlapping Holdings

Symbol	Grade	Weight in QDEF	Weight in DEW	Overlap
ABBV	D	2.6%	1.17%	1.17%
AMT	D	0.82%	0.58%	0.58%
AVB	B	0.18%	0.26%	0.18%
BMY	B	0.45%	0.65%	0.45%
CFR	B	0.6%	0.07%	0.07%
CME	A	0.71%	0.46%	0.46%
CPT	B	0.51%	0.17%	0.17%
CUBE	D	0.4%	0.18%	0.18%
D	C	0.56%	0.3%	0.3%
DDS	B	0.12%	0.17%	0.12%
DUK	C	0.77%	0.7%	0.7%
ED	D	0.49%	0.32%	0.32%
EQR	B	0.53%	0.31%	0.31%
ESS	B	0.54%	0.23%	0.23%
EVRG	A	0.4%	0.21%	0.21%
EXC	C	0.39%	0.26%	0.26%
GILD	C	1.03%	0.81%	0.81%
GIS	D	0.45%	0.29%	0.29%
IBM	C	1.7%	1.07%	1.07%
IPG	D	0.46%	0.16%	0.16%
JNJ	D	2.93%	2.01%	2.01%
K	A	0.53%	0.21%	0.21%
KMB	D	0.51%	0.39%	0.39%
MAA	B	0.53%	0.21%	0.21%
MO	A	0.86%	1.44%	0.86%
MSM	C	0.37%	0.16%	0.16%
NNN	D	0.21%	0.16%	0.16%
NSA	D	0.47%	0.12%	0.12%
OGE	B	0.47%	0.19%	0.19%
OMF	A	0.5%	0.17%	0.17%
ORI	A	0.54%	0.08%	0.08%
PM	B	1.65%	1.67%	1.65%
PNW	B	0.52%	0.2%	0.2%
PPL	B	0.55%	0.25%	0.25%
PSA	D	0.59%	0.46%	0.46%
RDN	C	0.48%	0.07%	0.07%
T	A	0.77%	1.06%	0.77%
VIRT	B	0.57%	0.06%	0.06%
VZ	C	0.65%	1.35%	0.65%
WEC	A	0.28%	0.31%	0.28%
XOM	B	0.5%	1.91%	0.5%

QDEF Overweight 82 Positions Relative to DEW

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%
MRK	F	2.25%
QCOM	F	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%
CI	F	0.83%
KLAC	D	0.79%
ITW	B	0.74%
MSI	B	0.74%
JPM	A	0.73%
MCK	B	0.71%
BK	A	0.67%
MMM	D	0.66%
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%
GEN	B	0.59%
AIZ	A	0.58%
WTW	B	0.58%
FAST	B	0.58%
CSWI	A	0.57%
COR	B	0.57%
LDOS	C	0.57%
VRSK	A	0.57%
WDFC	B	0.55%
RMD	C	0.54%
CSL	C	0.53%
OHI	C	0.53%
MET	A	0.53%
IRDM	D	0.52%
OTIS	C	0.51%
LSTR	D	0.49%
AVY	D	0.48%
DOX	D	0.48%
BPOP	B	0.48%
LOW	D	0.47%
DELL	C	0.46%
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%
EBAY	D	0.4%
CHE	D	0.39%
SWKS	F	0.39%
V	A	0.38%
BSY	D	0.37%
STNG	F	0.36%
STWD	C	0.32%
NEP	F	0.32%
PEG	A	0.26%
COST	B	0.24%
MA	C	0.23%
MAS	D	0.23%
CAH	B	0.17%
SCCO	F	0.16%
BAH	F	0.12%
WMT	A	0.12%
ROL	B	0.12%
ZTS	D	0.11%
BAC	A	0.02%

QDEF Underweight 229 Positions Relative to DEW

Symbol	Grade	Weight
HSBH	B	-1.84%
CVX	A	-1.34%
PEP	F	-1.27%
MS	A	-0.91%
SO	D	-0.66%
SPG	B	-0.64%
AMGN	D	-0.6%
TDG	D	-0.53%
VALE	F	-0.52%
PLD	D	-0.51%
MDT	D	-0.51%
C	A	-0.5%
OKE	A	-0.47%
KMI	A	-0.46%
VICI	C	-0.44%
WMB	A	-0.44%
AEP	D	-0.43%
PCAR	B	-0.42%
O	D	-0.41%
TD	F	-0.4%
USB	A	-0.4%
TGT	F	-0.37%
CNA	B	-0.37%
DLR	B	-0.36%
XEL	A	-0.36%
SRE	A	-0.36%
PSX	C	-0.33%
EIX	B	-0.32%
E	F	-0.3%
PNC	B	-0.3%
ETR	B	-0.3%
VLO	C	-0.28%
PRU	A	-0.26%
EXR	D	-0.26%
RF	A	-0.25%
GLPI	C	-0.25%
HPQ	B	-0.24%
IP	B	-0.23%
BBY	D	-0.21%
TROW	B	-0.21%
DRI	B	-0.21%
VTR	C	-0.21%
AEE	A	-0.21%
INVH	D	-0.21%
ADM	D	-0.21%
FE	C	-0.21%
VTRS	A	-0.21%
ARE	D	-0.21%
STT	A	-0.2%
LAMR	D	-0.2%
TSN	B	-0.2%
CTRA	B	-0.2%
FRT	B	-0.2%
DTE	C	-0.2%
HRL	D	-0.19%
HMC	F	-0.19%
CMS	C	-0.19%
AM	A	-0.19%
HST	C	-0.19%
MTB	A	-0.19%
TPR	B	-0.19%
CLX	B	-0.19%
REG	B	-0.19%
TAP	C	-0.18%
STAG	F	-0.18%
ADC	B	-0.18%
WHR	B	-0.18%
HBAN	A	-0.18%
KIM	A	-0.18%
DTM	B	-0.17%
IDA	A	-0.17%
LNT	A	-0.17%
PECO	A	-0.17%
NJR	A	-0.17%
RHP	B	-0.17%
KHC	F	-0.17%
WTRG	B	-0.17%
SIRI	C	-0.17%
DINO	D	-0.16%
SLG	B	-0.16%
UGI	A	-0.16%
NI	A	-0.16%
POR	C	-0.16%
NFG	A	-0.16%
SJM	D	-0.16%
RHI	B	-0.16%
EMN	D	-0.15%
APA	D	-0.15%
NXST	C	-0.15%
REXR	F	-0.15%
FITB	A	-0.15%
ADTN	A	-0.15%
FLO	D	-0.15%
CTRE	D	-0.15%
PNM	F	-0.15%
CUZ	B	-0.15%
IRT	A	-0.15%
CFG	B	-0.15%
OGS	A	-0.15%
SWX	B	-0.15%
SON	D	-0.15%
MAC	B	-0.14%
CAG	D	-0.14%
FMC	D	-0.14%
PRGO	B	-0.14%
NTRS	A	-0.14%
KRC	C	-0.14%
CIVI	D	-0.14%
MUR	D	-0.14%
SBRA	C	-0.14%
CPB	D	-0.14%
SR	A	-0.14%
EPRT	B	-0.14%
M	D	-0.13%
RYN	D	-0.13%
ALE	A	-0.13%
TNL	A	-0.13%
WEN	D	-0.13%
HAS	D	-0.13%
UDR	B	-0.13%
REYN	D	-0.13%
NWE	B	-0.13%
PBF	D	-0.12%
BRX	A	-0.12%
JWN	C	-0.12%
SMG	D	-0.12%
PFG	D	-0.12%
OGN	D	-0.12%
AES	F	-0.12%
CCOI	B	-0.12%
WBS	A	-0.12%
LYG	F	-0.12%
SKT	B	-0.12%
CHT	D	-0.12%
COLD	D	-0.12%
EPR	D	-0.12%
VAC	B	-0.12%
PII	D	-0.12%
PTEN	C	-0.11%
KNTK	B	-0.11%
CDP	C	-0.11%
NHI	D	-0.11%
KMT	B	-0.11%
CALM	A	-0.11%
HIW	D	-0.11%
PCH	D	-0.11%
PK	B	-0.11%
AROC	B	-0.11%
FHN	A	-0.11%
AVA	A	-0.11%
CRBG	B	-0.11%
UMC	F	-0.11%
NOG	A	-0.11%
HP	B	-0.1%
CADE	B	-0.1%
PINC	B	-0.1%
HUN	F	-0.1%
SNV	B	-0.1%
MAN	D	-0.1%
TGNA	B	-0.1%
TRN	C	-0.1%
LCII	C	-0.1%
OUT	A	-0.1%
OWL	A	-0.1%
FCPT	C	-0.1%
ASB	B	-0.09%
BKE	B	-0.09%
PB	A	-0.09%
KB	B	-0.09%
FIBK	A	-0.09%
UBSI	B	-0.09%
BCS	C	-0.09%
CATY	B	-0.09%
FNF	B	-0.09%
VLY	B	-0.09%
ENR	B	-0.09%
CMA	A	-0.09%
LXP	D	-0.09%
IIPR	D	-0.09%
UE	C	-0.09%
AESI	B	-0.08%
FHI	A	-0.08%
FULT	A	-0.08%
FFBC	A	-0.08%
COLB	A	-0.08%
HWC	B	-0.08%
AFG	A	-0.08%
IVT	B	-0.08%
PFS	B	-0.08%
INDB	B	-0.08%
CWEN	C	-0.08%
BOH	B	-0.08%
GBCI	B	-0.08%
UCB	A	-0.08%
CVBF	A	-0.08%
BNL	D	-0.08%
ONB	B	-0.08%
AKR	B	-0.08%
OZK	B	-0.08%
SHO	C	-0.08%
TPG	A	-0.07%
CRI	D	-0.07%
ES	D	-0.07%
OVV	B	-0.07%
SKM	D	-0.07%
BKU	A	-0.07%
BANR	B	-0.07%
JXN	C	-0.07%
SFNC	B	-0.07%
CBU	B	-0.07%
PTVE	B	-0.07%
FAF	A	-0.07%
FRME	B	-0.07%
AUB	B	-0.07%
HASI	D	-0.06%
BCH	F	-0.06%
NBTB	B	-0.06%
SHG	D	-0.05%
DTH	D	-0.05%
IVZ	B	-0.05%
TFSL	A	-0.05%
MC	C	-0.05%
WPC	D	-0.05%
KT	A	-0.04%
FNB	A	-0.03%
DHS	A	-0.02%
BKH	A	-0.02%
AMCR	D	-0.01%
ABEV	F	-0.01%