QDEF vs. OMFL ETF Comparison

Comparison of FlexShares Quality Dividend Defensive Index Fund (QDEF) to Invesco Russell 1000 Dynamic Multifactor ETF (OMFL)

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

OMFL

Invesco Russell 1000 Dynamic Multifactor ETF

OMFL Description

The investment seeks to track the investment results (before fees and expenses) of the Russell 1000® Invesco Dynamic Multifactor Index. The fund generally will invest at least 80% of its total assets in the securities that comprise the underlying index. The underlying index is designed to select equity securities from within the Russell 1000® Index, which measures the performance of the 1,000 largest-capitalization companies in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.78

Average Daily Volume

400,712

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

Performance

Period	QDEF	OMFL
30 Days	1.58%	2.93%
60 Days	2.63%	3.59%
90 Days	4.66%	5.68%
12 Months	30.49%	16.38%

63 Overlapping Holdings

Symbol	Grade	Weight in QDEF	Weight in OMFL	Overlap
AAPL	C	6.07%	3.57%	3.57%
ABBV	D	2.6%	1.26%	1.26%
ADP	B	1.13%	0.25%	0.25%
AFL	B	0.6%	0.05%	0.05%
AVGO	D	0.88%	3.51%	0.88%
BAH	F	0.12%	0.08%	0.08%
CAH	B	0.17%	0.12%	0.12%
CI	F	0.83%	0.15%	0.15%
COR	B	0.57%	0.14%	0.14%
COST	B	0.24%	4.98%	0.24%
CSCO	B	0.61%	0.27%	0.27%
CSL	C	0.53%	0.11%	0.11%
DPZ	C	0.41%	0.05%	0.05%
DUK	C	0.77%	0.11%	0.11%
EA	A	0.6%	0.05%	0.05%
EBAY	D	0.4%	0.04%	0.04%
EME	C	0.64%	0.22%	0.22%
FAST	B	0.58%	0.22%	0.22%
FIS	C	0.6%	0.05%	0.05%
GOOG	C	1.1%	2.15%	1.1%
GOOGL	C	1.36%	2.4%	1.36%
HD	A	3.07%	1.27%	1.27%
HRB	D	0.45%	0.06%	0.06%
IBM	C	1.7%	0.23%	0.23%
INTU	C	1.29%	1.28%	1.28%
ITW	B	0.74%	0.11%	0.11%
JNJ	D	2.93%	0.29%	0.29%
JPM	A	0.73%	0.17%	0.17%
KLAC	D	0.79%	0.42%	0.42%
KMB	D	0.51%	0.04%	0.04%
KO	D	0.65%	0.21%	0.21%
LDOS	C	0.57%	0.09%	0.09%
LMT	D	1.05%	0.11%	0.11%
LOW	D	0.47%	0.08%	0.08%
MA	C	0.23%	2.36%	0.23%
MAS	D	0.23%	0.04%	0.04%
MCK	B	0.71%	0.94%	0.71%
META	D	2.76%	4.98%	2.76%
MMM	D	0.66%	0.15%	0.15%
MO	A	0.86%	0.31%	0.31%
MRK	F	2.25%	0.67%	0.67%
MSFT	F	4.97%	4.36%	4.36%
MSI	B	0.74%	0.55%	0.55%
NVDA	C	6.0%	5.28%	5.28%
OTIS	C	0.51%	0.07%	0.07%
PAYX	C	0.63%	0.26%	0.26%
PEG	A	0.26%	0.08%	0.08%
PG	A	2.83%	1.17%	1.17%
PM	B	1.65%	0.35%	0.35%
PSA	D	0.59%	0.08%	0.08%
QCOM	F	1.65%	0.85%	0.85%
ROL	B	0.12%	0.12%	0.12%
SCCO	F	0.16%	0.06%	0.06%
T	A	0.77%	0.11%	0.11%
TJX	A	0.99%	0.69%	0.69%
TMUS	B	1.14%	0.34%	0.34%
V	A	0.38%	3.19%	0.38%
VRSK	A	0.57%	0.13%	0.13%
VZ	C	0.65%	0.26%	0.26%
WMT	A	0.12%	2.61%	0.12%
WSM	B	0.41%	0.02%	0.02%
XOM	B	0.5%	0.77%	0.5%
ZTS	D	0.11%	0.03%	0.03%

QDEF Overweight 60 Positions Relative to OMFL

Symbol	Grade	Weight
GILD	C	1.03%
SBUX	A	0.98%
AMT	D	0.82%
CME	A	0.71%
BK	A	0.67%
UNM	A	0.65%
BWXT	B	0.64%
UMBF	B	0.61%
CFR	B	0.6%
GEN	B	0.59%
AIZ	A	0.58%
WTW	B	0.58%
VIRT	B	0.57%
CSWI	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%
OHI	C	0.53%
MET	A	0.53%
EQR	B	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%
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%
WU	D	0.43%
EXPD	D	0.42%
SAIC	F	0.41%
CUBE	D	0.4%
EVRG	A	0.4%
EXC	C	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%
NNN	D	0.21%
AVB	B	0.18%
DDS	B	0.12%
BAC	A	0.02%

QDEF Underweight 182 Positions Relative to OMFL

Symbol	Grade	Weight
BRK.A	B	-5.18%
AMZN	C	-5.18%
LLY	F	-2.24%
BKNG	A	-1.34%
UNH	C	-1.13%
CRM	B	-1.02%
CAT	B	-0.95%
ETN	A	-0.84%
TT	A	-0.76%
PGR	A	-0.74%
GE	D	-0.68%
ADBE	C	-0.65%
AMAT	F	-0.63%
ANET	C	-0.61%
VRTX	F	-0.59%
LIN	D	-0.58%
MMC	B	-0.55%
CMG	B	-0.54%
CTAS	B	-0.51%
REGN	F	-0.49%
CL	D	-0.47%
SNPS	B	-0.44%
NOW	A	-0.43%
GWW	B	-0.41%
MCO	B	-0.41%
NFLX	A	-0.39%
GD	F	-0.38%
PCAR	B	-0.37%
ISRG	A	-0.37%
WM	A	-0.36%
LRCX	F	-0.34%
GRMN	B	-0.33%
ACN	C	-0.33%
SHW	A	-0.32%
APH	A	-0.32%
CMI	A	-0.29%
ACGL	D	-0.28%
CDNS	B	-0.27%
AMGN	D	-0.26%
AXP	A	-0.26%
ELV	F	-0.25%
CB	C	-0.23%
FI	A	-0.23%
HLT	A	-0.21%
FICO	B	-0.21%
CBOE	B	-0.21%
BSX	B	-0.2%
VST	B	-0.2%
RSG	A	-0.2%
TSCO	D	-0.18%
CARR	D	-0.18%
ODFL	B	-0.18%
CASY	A	-0.18%
RTX	C	-0.17%
ORLY	B	-0.17%
IR	B	-0.17%
A	D	-0.16%
ADI	D	-0.16%
FTNT	C	-0.16%
BR	A	-0.15%
PEP	F	-0.15%
CVX	A	-0.15%
SYK	C	-0.15%
CPRT	A	-0.15%
TXN	C	-0.14%
GEV	B	-0.14%
DHI	D	-0.13%
DHR	F	-0.13%
AZO	C	-0.13%
BLK	C	-0.13%
HLI	B	-0.12%
NEE	D	-0.12%
BRO	B	-0.12%
SPGI	C	-0.12%
PWR	A	-0.12%
MLM	B	-0.11%
NVR	D	-0.11%
ITT	A	-0.11%
PANW	C	-0.11%
ECL	D	-0.11%
WSO	A	-0.1%
LEN	D	-0.1%
MAR	B	-0.1%
LII	A	-0.1%
TMO	F	-0.1%
WAB	B	-0.1%
UNP	C	-0.1%
BX	A	-0.09%
TW	A	-0.08%
BRBR	A	-0.08%
SO	D	-0.08%
CW	B	-0.08%
SNA	A	-0.08%
CR	A	-0.08%
CNM	D	-0.08%
MCD	D	-0.08%
PHM	D	-0.08%
ROST	C	-0.08%
CMCSA	B	-0.08%
HON	B	-0.08%
ABT	B	-0.08%
LPLA	A	-0.07%
FDS	B	-0.07%
URI	B	-0.07%
CHD	B	-0.07%
AAON	B	-0.07%
VMC	B	-0.07%
KEYS	A	-0.07%
FIX	A	-0.07%
HWM	A	-0.07%
JCI	C	-0.06%
SPOT	B	-0.06%
EXP	A	-0.06%
NRG	B	-0.06%
OC	A	-0.06%
GEHC	F	-0.06%
ALSN	B	-0.06%
IT	C	-0.06%
PKG	A	-0.06%
KR	B	-0.06%
CNC	D	-0.06%
MSCI	C	-0.06%
NTAP	C	-0.06%
HUM	C	-0.06%
J	F	-0.05%
GNTX	C	-0.05%
FDX	B	-0.05%
IFF	D	-0.05%
SSD	D	-0.05%
UTHR	C	-0.05%
AYI	B	-0.05%
WST	C	-0.05%
DIS	B	-0.05%
KNSL	B	-0.05%
PYPL	B	-0.05%
DD	D	-0.05%
GDDY	A	-0.05%
APD	A	-0.04%
AWI	A	-0.04%
MKL	A	-0.04%
CVS	D	-0.04%
PNR	A	-0.04%
MDT	D	-0.04%
CTSH	B	-0.04%
MPWR	F	-0.04%
AEP	D	-0.04%
AME	A	-0.04%
DECK	A	-0.04%
NUE	C	-0.04%
ATR	B	-0.04%
WMB	A	-0.04%
DOV	A	-0.04%
ROK	B	-0.04%
NBIX	C	-0.04%
LOPE	B	-0.04%
MDLZ	F	-0.04%
ADM	D	-0.04%
AOS	F	-0.04%
EVR	B	-0.04%
CINF	A	-0.04%
DE	A	-0.04%
RPM	A	-0.04%
AMD	F	-0.04%
COP	C	-0.04%
TXRH	C	-0.04%
MTD	D	-0.03%
TROW	B	-0.03%
MEDP	D	-0.03%
LECO	B	-0.03%
BJ	A	-0.03%
CSX	B	-0.03%
IDXX	F	-0.03%
DCI	B	-0.03%
NEU	C	-0.03%
EG	C	-0.03%
CPAY	A	-0.03%
NYT	C	-0.03%
SRE	A	-0.03%
SEIC	B	-0.03%
AON	A	-0.03%
NKE	D	-0.03%
DLTR	F	-0.02%