QDF vs. CGNG ETF Comparison

Comparison of FlexShares Quality Dividend Index Fund (QDF) to Capital Group New Geography Equity ETF (CGNG)

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

CGNG

Capital Group New Geography Equity ETF

CGNG Description

The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies and/or markets. The securities markets of these countries may be referred to as emerging markets. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.11

Average Daily Volume

51,582

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QDF	CGNG
30 Days	1.66%	-3.09%
60 Days	2.62%	-2.90%
90 Days	4.00%	-1.41%
12 Months	26.92%

12 Overlapping Holdings

Symbol	Grade	Weight in QDF	Weight in CGNG	Overlap
AAPL	C	8.54%	0.19%	0.19%
AVGO	D	0.88%	1.52%	0.88%
CAT	B	0.75%	0.29%	0.29%
GOOG	C	1.63%	0.39%	0.39%
GOOGL	C	1.84%	1.32%	1.32%
MA	C	0.26%	1.08%	0.26%
META	D	3.1%	1.74%	1.74%
MSFT	F	4.91%	2.63%	2.63%
NVDA	C	5.81%	1.62%	1.62%
SCCO	F	0.36%	0.21%	0.21%
V	A	0.4%	0.45%	0.4%
XOM	B	0.5%	0.21%	0.21%

QDF Overweight 115 Positions Relative to CGNG

Symbol	Grade	Weight
PG	A	3.03%
JNJ	D	3.01%
ABBV	D	2.58%
KO	D	2.16%
ACN	C	1.93%
HD	A	1.77%
INTU	C	1.74%
QCOM	F	1.68%
PM	B	1.41%
LOW	D	1.27%
UNP	C	1.24%
ADP	B	1.11%
GILD	C	1.0%
MS	A	0.98%
MO	A	0.89%
LRCX	F	0.87%
VRT	B	0.83%
NKE	D	0.83%
SBUX	A	0.76%
KLAC	D	0.76%
JPM	A	0.75%
ZTS	D	0.74%
ITW	B	0.74%
FAST	B	0.68%
BK	A	0.68%
MMM	D	0.65%
PAYX	C	0.63%
LMT	D	0.62%
FIS	C	0.62%
AFL	B	0.62%
PEG	A	0.61%
PRU	A	0.61%
VIRT	B	0.6%
KTB	B	0.6%
JHG	A	0.6%
PSA	D	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%
PFG	D	0.39%
RHI	B	0.38%
ALLY	C	0.37%
CUBE	D	0.37%
WMS	D	0.36%
APLE	B	0.35%
EIX	B	0.34%
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%
PNW	B	0.16%
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%
COP	C	0.04%
STNG	F	0.02%
BAC	A	0.02%
BBWI	D	0.01%

QDF Underweight 46 Positions Relative to CGNG

Symbol	Grade	Weight
TSM	B	-4.15%
MELI	D	-2.18%
NU	C	-1.5%
TCOM	B	-1.26%
LLY	F	-1.12%
FCX	D	-1.02%
TMO	F	-0.94%
HDB	C	-0.86%
LIN	D	-0.57%
SNPS	B	-0.55%
CPA	D	-0.55%
VALE	F	-0.54%
XP	F	-0.53%
CARR	D	-0.48%
ABT	B	-0.47%
BGNE	D	-0.43%
MNST	C	-0.42%
GOLD	D	-0.39%
SPGI	C	-0.38%
DHR	F	-0.38%
GE	D	-0.35%
STZ	D	-0.31%
HTHT	D	-0.3%
IBN	C	-0.28%
ITUB	F	-0.26%
AON	A	-0.25%
NTES	D	-0.25%
BEKE	D	-0.23%
ZLAB	C	-0.22%
YUM	B	-0.22%
HLT	A	-0.21%
HSBH	B	-0.21%
NFLX	A	-0.21%
RVTY	F	-0.2%
ZTO	F	-0.2%
LNG	B	-0.2%
SLB	C	-0.19%
VIST	A	-0.18%
AMAT	F	-0.17%
CVX	A	-0.15%
ASAI	F	-0.15%
GLOB	B	-0.14%
STLA	F	-0.13%
MCO	B	-0.13%
BABA	D	-0.12%
TEVA	D	-0.11%