QDF vs. CGCV ETF Comparison

Comparison of FlexShares Quality Dividend Index Fund (QDF) to Capital Group Conservative Equity ETF (CGCV)

QDF

FlexShares Quality Dividend Index Fund

QDF 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 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 similar to that of the Northern Trust 1250 IndexSM (the "Parent Index"). It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$72.76

Average Daily Volume

26,182

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

CGCV

Capital Group Conservative Equity ETF

CGCV Description

The fund seeks to invest primarily in common stocks of companies that are likely to participate in the growth of the American economy and whose dividends appear to be sustainable. Under normal market conditions, the fund will invest at least 80% of its net assets in common stocks and other equity-type securities. The fund invests primarily in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.61

Average Daily Volume

64,802

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QDF	CGCV
30 Days	1.66%	0.78%
60 Days	2.62%	1.51%
90 Days	4.00%	3.88%
12 Months	26.92%

28 Overlapping Holdings

Symbol	Grade	Weight in QDF	Weight in CGCV	Overlap
AAPL	C	8.54%	4.21%	4.21%
ABBV	D	2.58%	3.99%	2.58%
ACN	C	1.93%	1.8%	1.8%
ADP	B	1.11%	0.71%	0.71%
AVGO	D	0.88%	1.98%	0.88%
COP	C	0.04%	0.83%	0.04%
EIX	B	0.34%	0.44%	0.34%
FIS	C	0.62%	1.31%	0.62%
GILD	C	1.0%	1.42%	1.0%
HD	A	1.77%	1.84%	1.77%
ITW	B	0.74%	0.39%	0.39%
JPM	A	0.75%	2.39%	0.75%
KLAC	D	0.76%	0.51%	0.51%
MA	C	0.26%	0.48%	0.26%
META	D	3.1%	1.8%	1.8%
MS	A	0.98%	0.99%	0.98%
MSFT	F	4.91%	5.78%	4.91%
PAYX	C	0.63%	0.98%	0.63%
PEG	A	0.61%	0.41%	0.41%
PFG	D	0.39%	0.37%	0.37%
PG	A	3.03%	0.46%	0.46%
PM	B	1.41%	1.22%	1.22%
PNW	B	0.16%	0.49%	0.16%
PSA	D	0.6%	0.5%	0.5%
SBUX	A	0.76%	0.6%	0.6%
UNP	C	1.24%	1.84%	1.24%
V	A	0.4%	0.96%	0.4%
XOM	B	0.5%	1.7%	0.5%

QDF Overweight 99 Positions Relative to CGCV

Symbol	Grade	Weight
NVDA	C	5.81%
JNJ	D	3.01%
KO	D	2.16%
GOOGL	C	1.84%
INTU	C	1.74%
QCOM	F	1.68%
GOOG	C	1.63%
LOW	D	1.27%
MO	A	0.89%
LRCX	F	0.87%
VRT	B	0.83%
NKE	D	0.83%
CAT	B	0.75%
ZTS	D	0.74%
FAST	B	0.68%
BK	A	0.68%
MMM	D	0.65%
LMT	D	0.62%
AFL	B	0.62%
PRU	A	0.61%
VIRT	B	0.6%
KTB	B	0.6%
JHG	A	0.6%
D	C	0.59%
AVB	B	0.58%
EBAY	D	0.58%
EA	A	0.58%
CMA	A	0.58%
GEN	B	0.58%
TPR	B	0.57%
MET	A	0.56%
SNA	A	0.56%
WTW	B	0.56%
ORI	A	0.55%
CHRW	C	0.55%
EQR	B	0.55%
MAA	B	0.55%
VLO	C	0.55%
MPC	D	0.54%
NXPI	D	0.52%
OMF	A	0.52%
OHI	C	0.52%
CPT	B	0.51%
IVZ	B	0.51%
OGE	B	0.51%
SMG	D	0.5%
RDN	C	0.49%
STWD	C	0.49%
UGI	A	0.49%
NSA	D	0.49%
BPOP	B	0.48%
WDFC	B	0.47%
FAF	A	0.47%
DVN	F	0.46%
MRK	F	0.45%
IPG	D	0.45%
MCHP	D	0.45%
WU	D	0.45%
POOL	C	0.44%
WSM	B	0.43%
TT	A	0.43%
CFR	B	0.42%
NUE	C	0.42%
EVRG	A	0.42%
WY	D	0.42%
HST	C	0.41%
SWKS	F	0.4%
CTAS	B	0.39%
LNC	B	0.39%
RHI	B	0.38%
ALLY	C	0.37%
CUBE	D	0.37%
SCCO	F	0.36%
WMS	D	0.36%
APLE	B	0.35%
IRDM	D	0.31%
NEP	F	0.3%
BR	A	0.3%
OLN	D	0.25%
COST	B	0.24%
NNN	D	0.23%
NTAP	C	0.22%
WING	D	0.2%
HRB	D	0.17%
RMD	C	0.17%
DPZ	C	0.17%
PAYC	B	0.16%
CL	D	0.15%
COR	B	0.14%
WMT	A	0.13%
BSY	D	0.13%
EXP	A	0.08%
WFRD	D	0.07%
CSWI	A	0.07%
BKNG	A	0.07%
MAR	B	0.05%
STNG	F	0.02%
BAC	A	0.02%
BBWI	D	0.01%

QDF Underweight 61 Positions Relative to CGCV

Symbol	Grade	Weight
RTX	C	-3.75%
GE	D	-2.69%
UNH	C	-2.5%
LIN	D	-1.81%
ABT	B	-1.79%
TXN	C	-1.58%
MDLZ	F	-1.29%
CEG	D	-1.29%
SRE	A	-1.25%
CARR	D	-1.23%
DTE	C	-1.2%
PNC	B	-1.19%
LLY	F	-1.07%
MMC	B	-1.05%
CB	C	-1.0%
STZ	D	-0.98%
SPGI	C	-0.91%
TFC	A	-0.89%
WFC	A	-0.88%
GIS	D	-0.87%
WELL	A	-0.85%
AMGN	D	-0.83%
AZN	D	-0.83%
IP	B	-0.82%
COF	B	-0.79%
TSM	B	-0.74%
HON	B	-0.74%
MDT	D	-0.74%
ORCL	B	-0.66%
HSY	F	-0.66%
CRM	B	-0.65%
CNP	B	-0.65%
SO	D	-0.64%
MCD	D	-0.64%
BMY	B	-0.62%
CMCSA	B	-0.62%
BTI	B	-0.61%
ADI	D	-0.59%
NOC	D	-0.57%
APD	A	-0.56%
BLK	C	-0.55%
GD	F	-0.54%
PEP	F	-0.53%
PGR	A	-0.53%
HAS	D	-0.52%
FDX	B	-0.5%
EOG	A	-0.48%
DHI	D	-0.48%
TMO	F	-0.48%
BX	A	-0.47%
CVS	D	-0.46%
EXR	D	-0.45%
DLR	B	-0.43%
DHR	F	-0.41%
APH	A	-0.38%
GEHC	F	-0.38%
STT	A	-0.37%
EWBC	A	-0.35%
EFX	F	-0.31%
SWK	D	-0.26%
INTC	D	-0.25%