QDEF vs. KLMT ETF Comparison

Comparison of FlexShares Quality Dividend Defensive Index Fund (QDEF) to Invesco MSCI Global Climate 500 ETF (KLMT)

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

KLMT

Invesco MSCI Global Climate 500 ETF

KLMT Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index as well as ADRs and GDRs that represent securities in the underlying index. The index, which is designed to track the performance of approximately 500 stocks included in the ACWI ex 6 Countries index that meet certain environmental and climate criteria relative to their peers, as determined by the index provider, including their own reductions in carbon and greenhouse gas emissions. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.48

Average Daily Volume

194

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	QDEF	KLMT
30 Days	1.58%	-0.05%
60 Days	2.63%	0.99%
90 Days	4.66%	2.38%
12 Months	30.49%

61 Overlapping Holdings

Symbol	Grade	Weight in QDEF	Weight in KLMT	Overlap
AAPL	C	6.07%	4.4%	4.4%
ABBV	D	2.6%	0.43%	0.43%
ABBV	D	2.6%	0.21%	0.21%
ADP	B	1.13%	0.19%	0.19%
AFL	B	0.6%	0.11%	0.11%
AMT	D	0.82%	0.16%	0.16%
AVB	B	0.18%	0.12%	0.12%
AVGO	D	0.88%	0.97%	0.88%
AVY	D	0.48%	0.08%	0.08%
BAC	A	0.02%	0.47%	0.02%
BK	A	0.67%	0.14%	0.14%
BMY	B	0.45%	0.2%	0.2%
CI	F	0.83%	0.14%	0.14%
CME	A	0.71%	0.14%	0.14%
COR	B	0.57%	0.13%	0.13%
COST	B	0.24%	0.56%	0.24%
CSCO	B	0.61%	0.36%	0.36%
DELL	C	0.46%	0.08%	0.08%
ED	D	0.49%	0.11%	0.11%
EQR	B	0.53%	0.11%	0.11%
EXC	C	0.39%	0.09%	0.09%
FIS	C	0.6%	0.1%	0.1%
GILD	C	1.03%	0.19%	0.19%
GIS	D	0.45%	0.1%	0.1%
GOOG	C	1.1%	1.03%	1.03%
GOOGL	C	1.36%	1.54%	1.36%
HD	A	3.07%	0.55%	0.55%
IBM	C	1.7%	0.29%	0.29%
INTU	C	1.29%	0.31%	0.31%
ITW	B	0.74%	0.13%	0.13%
JNJ	D	2.93%	0.53%	0.53%
JPM	A	0.73%	0.94%	0.73%
K	A	0.53%	0.12%	0.12%
KLAC	D	0.79%	0.14%	0.14%
KMB	D	0.51%	0.12%	0.12%
KO	D	0.65%	0.4%	0.4%
LOW	D	0.47%	0.22%	0.22%
MA	C	0.23%	0.61%	0.23%
MCK	B	0.71%	0.16%	0.16%
MET	A	0.53%	0.1%	0.1%
META	D	2.76%	1.65%	1.65%
MMM	D	0.66%	0.12%	0.12%
MRK	F	2.25%	0.36%	0.36%
MSFT	F	4.97%	3.86%	3.86%
MSI	B	0.74%	0.14%	0.14%
NVDA	C	6.0%	4.78%	4.78%
OTIS	C	0.51%	0.1%	0.1%
PAYX	C	0.63%	0.1%	0.1%
PEG	A	0.26%	0.11%	0.11%
PG	A	2.83%	0.57%	0.57%
PSA	D	0.59%	0.11%	0.11%
QCOM	F	1.65%	0.26%	0.26%
SBUX	A	0.98%	0.2%	0.2%
T	A	0.77%	0.25%	0.25%
TJX	A	0.99%	0.22%	0.22%
TMUS	B	1.14%	0.24%	0.24%
V	A	0.38%	0.7%	0.38%
VZ	C	0.65%	0.27%	0.27%
WMT	A	0.12%	0.54%	0.12%
XOM	B	0.5%	0.74%	0.5%
ZTS	D	0.11%	0.13%	0.11%

QDEF Overweight 63 Positions Relative to KLMT

Symbol	Grade	Weight
PM	B	1.65%
LMT	D	1.05%
MO	A	0.86%
DUK	C	0.77%
UNM	A	0.65%
EME	C	0.64%
BWXT	B	0.64%
UMBF	B	0.61%
EA	A	0.6%
CFR	B	0.6%
GEN	B	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%
RMD	C	0.54%
CSL	C	0.53%
OHI	C	0.53%
MAA	B	0.53%
PNW	B	0.52%
IRDM	D	0.52%
CPT	B	0.51%
OMF	A	0.5%
LSTR	D	0.49%
DOX	D	0.48%
BPOP	B	0.48%
RDN	C	0.48%
NSA	D	0.47%
OGE	B	0.47%
IPG	D	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%
CUBE	D	0.4%
EVRG	A	0.4%
EBAY	D	0.4%
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%
MAS	D	0.23%
NNN	D	0.21%
CAH	B	0.17%
SCCO	F	0.16%
BAH	F	0.12%
DDS	B	0.12%
ROL	B	0.12%

QDEF Underweight 223 Positions Relative to KLMT

Symbol	Grade	Weight
AMZN	C	-2.49%
TSLA	B	-1.32%
LLY	F	-0.81%
UNH	C	-0.74%
NFLX	A	-0.53%
CRM	B	-0.47%
ORCL	B	-0.44%
CVX	A	-0.41%
WFC	A	-0.37%
ACN	C	-0.35%
NOW	A	-0.35%
PEP	F	-0.34%
LIN	D	-0.33%
ADBE	C	-0.33%
MCD	D	-0.33%
AMD	F	-0.32%
NVS	D	-0.32%
ABT	B	-0.32%
GE	D	-0.3%
GS	A	-0.3%
TMO	F	-0.3%
DIS	B	-0.3%
SPGI	C	-0.29%
ISRG	A	-0.29%
CAT	B	-0.28%
TXN	C	-0.27%
HSBH	B	-0.26%
AXP	A	-0.26%
MS	A	-0.26%
BKNG	A	-0.26%
CMCSA	B	-0.26%
BABA	D	-0.26%
ETN	A	-0.25%
BSX	B	-0.25%
AMAT	F	-0.24%
DHR	F	-0.24%
UL	D	-0.24%
BLK	C	-0.24%
PFE	D	-0.23%
BX	A	-0.23%
AMGN	D	-0.23%
COP	C	-0.23%
SONY	B	-0.22%
PGR	A	-0.22%
FI	A	-0.22%
NEE	D	-0.22%
SHOP	B	-0.22%
PANW	C	-0.21%
MUFG	B	-0.21%
C	A	-0.21%
UNP	C	-0.2%
UBER	D	-0.2%
ADI	D	-0.2%
SYK	C	-0.2%
PH	A	-0.19%
PLD	D	-0.19%
CB	C	-0.18%
SCHW	B	-0.18%
DE	A	-0.18%
GEV	B	-0.18%
MDT	D	-0.18%
KKR	A	-0.18%
HLT	A	-0.18%
EOG	A	-0.18%
IBN	C	-0.17%
MCO	B	-0.17%
LRCX	F	-0.17%
MMC	B	-0.17%
ADSK	A	-0.17%
VRTX	F	-0.17%
TD	F	-0.17%
TT	A	-0.17%
PNC	B	-0.16%
SNPS	B	-0.16%
SHW	A	-0.16%
MU	D	-0.16%
WELL	A	-0.16%
ICE	C	-0.16%
WM	A	-0.16%
EMR	A	-0.16%
ANET	C	-0.16%
MDLZ	F	-0.16%
SMFG	B	-0.16%
EQIX	A	-0.16%
APH	A	-0.16%
CL	D	-0.15%
INTC	D	-0.15%
WMB	A	-0.15%
CTAS	B	-0.15%
OKE	A	-0.15%
TDG	D	-0.15%
PYPL	B	-0.15%
SPG	B	-0.15%
CMI	A	-0.15%
FCX	D	-0.15%
GM	B	-0.14%
CSX	B	-0.14%
CMG	B	-0.14%
UPS	C	-0.14%
MFG	B	-0.14%
PCAR	B	-0.14%
HWM	A	-0.14%
COF	B	-0.14%
USB	A	-0.14%
ECL	D	-0.14%
MELI	D	-0.14%
CDNS	B	-0.14%
NKE	D	-0.14%
APO	B	-0.14%
AON	A	-0.14%
CRWD	B	-0.14%
O	D	-0.13%
DEO	F	-0.13%
CVS	D	-0.13%
DOV	A	-0.13%
AMP	A	-0.13%
HDB	C	-0.13%
ELV	F	-0.13%
MAR	B	-0.13%
KMI	A	-0.13%
MRVL	B	-0.13%
CNI	D	-0.13%
IR	B	-0.12%
DFS	B	-0.12%
APD	A	-0.12%
AJG	B	-0.12%
AME	A	-0.12%
GLW	B	-0.12%
REGN	F	-0.12%
TRV	B	-0.12%
DLR	B	-0.12%
IRM	D	-0.12%
TFC	A	-0.12%
JCI	C	-0.12%
ORLY	B	-0.12%
PRU	A	-0.12%
ROP	B	-0.12%
KIM	A	-0.12%
BKR	B	-0.12%
NSC	B	-0.12%
ABNB	C	-0.11%
CTVA	C	-0.11%
AIG	B	-0.11%
SQ	B	-0.11%
MRO	B	-0.11%
HEI	B	-0.11%
EIX	B	-0.11%
VTR	C	-0.11%
SLB	C	-0.11%
PDD	F	-0.11%
CARR	D	-0.11%
NDAQ	A	-0.11%
HES	B	-0.11%
RSG	A	-0.11%
BDX	F	-0.11%
NEM	D	-0.11%
FANG	D	-0.11%
REG	B	-0.11%
WDAY	B	-0.11%
URI	B	-0.11%
CEG	D	-0.11%
CTSH	B	-0.11%
LEN	D	-0.1%
HUBS	A	-0.1%
FDX	B	-0.1%
TGT	F	-0.1%
PCG	A	-0.1%
HPQ	B	-0.1%
ZBH	C	-0.1%
KEYS	A	-0.1%
IQV	D	-0.1%
BCS	C	-0.1%
AWK	D	-0.1%
CPRT	A	-0.1%
PSX	C	-0.1%
IT	C	-0.1%
HMC	F	-0.1%
GWW	B	-0.1%
PPG	F	-0.1%
MPC	D	-0.1%
HCA	F	-0.1%
PWR	A	-0.1%
NXPI	D	-0.1%
YUM	B	-0.1%
VICI	C	-0.1%
WAB	B	-0.1%
DVN	F	-0.09%
SYY	B	-0.09%
CCI	D	-0.09%
EW	C	-0.09%
DD	D	-0.09%
VMC	B	-0.09%
A	D	-0.09%
NMR	B	-0.09%
F	C	-0.09%
CHD	B	-0.09%
EFX	F	-0.09%
AZO	C	-0.09%
KDP	D	-0.09%
ES	D	-0.09%
WY	D	-0.09%
OMC	C	-0.09%
TCOM	B	-0.09%
ROST	C	-0.09%
DOC	D	-0.09%
LYG	F	-0.09%
DHI	D	-0.09%
HUM	C	-0.08%
CTRA	B	-0.08%
HSY	F	-0.08%
HAL	C	-0.08%
ABEV	F	-0.08%
BIDU	F	-0.07%
XYL	D	-0.07%
MCHP	D	-0.07%
MTD	D	-0.07%
NUE	C	-0.07%
SNOW	C	-0.07%
STLA	F	-0.06%
BIIB	F	-0.06%
DXCM	D	-0.05%
MRNA	F	-0.02%
SMCI	F	-0.02%