QDF vs. DLN ETF Comparison

Comparison of FlexShares Quality Dividend Index Fund (QDF) to WisdomTree LargeCap Dividend Fund (DLN)

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

DLN

WisdomTree LargeCap Dividend Fund

DLN Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Dividend 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 the large-capitalization segment of the U.S. dividend-paying market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$81.38

Average Daily Volume

106,810

Number of Holdings ^*

303

* may have additional holdings in another (foreign) market

Performance

Period	QDF	DLN
30 Days	1.66%	2.40%
60 Days	2.62%	4.32%
90 Days	4.00%	6.32%
12 Months	26.92%	31.22%

69 Overlapping Holdings

Symbol	Grade	Weight in QDF	Weight in DLN	Overlap
AAPL	C	8.54%	3.54%	3.54%
ABBV	D	2.58%	2.23%	2.23%
ADP	B	1.11%	0.39%	0.39%
AFL	B	0.62%	0.3%	0.3%
AVB	B	0.58%	0.21%	0.21%
AVGO	D	0.88%	2.65%	0.88%
BAC	A	0.02%	1.45%	0.02%
BK	A	0.68%	0.27%	0.27%
BKNG	A	0.07%	0.34%	0.07%
BR	A	0.3%	0.08%	0.08%
CAT	B	0.75%	0.51%	0.51%
CL	D	0.15%	0.35%	0.15%
COP	C	0.04%	0.36%	0.04%
COR	B	0.14%	0.08%	0.08%
COST	B	0.24%	0.47%	0.24%
CTAS	B	0.39%	0.16%	0.16%
D	C	0.59%	0.37%	0.37%
EA	A	0.58%	0.05%	0.05%
EBAY	D	0.58%	0.09%	0.09%
EIX	B	0.34%	0.18%	0.18%
EQR	B	0.55%	0.15%	0.15%
FAST	B	0.68%	0.2%	0.2%
FIS	C	0.62%	0.23%	0.23%
GILD	C	1.0%	0.52%	0.52%
GOOG	C	1.63%	0.64%	0.64%
GOOGL	C	1.84%	0.99%	0.99%
HD	A	1.77%	2.08%	1.77%
INTU	C	1.74%	0.19%	0.19%
ITW	B	0.74%	0.36%	0.36%
JNJ	D	3.01%	2.16%	2.16%
JPM	A	0.75%	3.69%	0.75%
KLAC	D	0.76%	0.1%	0.1%
KO	D	2.16%	1.6%	1.6%
LMT	D	0.62%	0.49%	0.49%
LOW	D	1.27%	0.66%	0.66%
LRCX	F	0.87%	0.12%	0.12%
MA	C	0.26%	0.53%	0.26%
MAR	B	0.05%	0.16%	0.05%
MCHP	D	0.45%	0.08%	0.08%
MET	A	0.56%	0.26%	0.26%
META	D	3.1%	0.99%	0.99%
MO	A	0.89%	0.8%	0.8%
MPC	D	0.54%	0.25%	0.25%
MRK	F	0.45%	0.89%	0.45%
MS	A	0.98%	1.21%	0.98%
MSFT	F	4.91%	3.17%	3.17%
NKE	D	0.83%	0.17%	0.17%
NTAP	C	0.22%	0.08%	0.08%
NUE	C	0.42%	0.06%	0.06%
NVDA	C	5.81%	2.61%	2.61%
PAYX	C	0.63%	0.28%	0.28%
PEG	A	0.61%	0.31%	0.31%
PFG	D	0.39%	0.1%	0.1%
PG	A	3.03%	1.91%	1.91%
PM	B	1.41%	1.39%	1.39%
PRU	A	0.61%	0.3%	0.3%
PSA	D	0.6%	0.33%	0.33%
QCOM	F	1.68%	0.48%	0.48%
RMD	C	0.17%	0.04%	0.04%
SBUX	A	0.76%	0.36%	0.36%
SWKS	F	0.4%	0.04%	0.04%
UNP	C	1.24%	0.42%	0.42%
V	A	0.4%	0.78%	0.4%
VLO	C	0.55%	0.2%	0.2%
VRT	B	0.83%	0.04%	0.04%
WMT	A	0.13%	1.84%	0.13%
WY	D	0.42%	0.07%	0.07%
XOM	B	0.5%	2.84%	0.5%
ZTS	D	0.74%	0.13%	0.13%

QDF Overweight 58 Positions Relative to DLN

Symbol	Grade	Weight
ACN	C	1.93%
MMM	D	0.65%
VIRT	B	0.6%
KTB	B	0.6%
JHG	A	0.6%
CMA	A	0.58%
GEN	B	0.58%
TPR	B	0.57%
SNA	A	0.56%
WTW	B	0.56%
ORI	A	0.55%
CHRW	C	0.55%
MAA	B	0.55%
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%
IPG	D	0.45%
WU	D	0.45%
POOL	C	0.44%
WSM	B	0.43%
TT	A	0.43%
CFR	B	0.42%
EVRG	A	0.42%
HST	C	0.41%
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%
OLN	D	0.25%
NNN	D	0.23%
WING	D	0.2%
HRB	D	0.17%
DPZ	C	0.17%
PNW	B	0.16%
PAYC	B	0.16%
BSY	D	0.13%
EXP	A	0.08%
WFRD	D	0.07%
CSWI	A	0.07%
STNG	F	0.02%
BBWI	D	0.01%

QDF Underweight 234 Positions Relative to DLN

Symbol	Grade	Weight
CVX	A	-1.79%
CSCO	B	-1.46%
UNH	C	-1.42%
IBM	C	-1.37%
PEP	F	-1.28%
WFC	A	-1.07%
CMCSA	B	-0.99%
MCD	D	-0.95%
TMUS	B	-0.86%
ORCL	B	-0.83%
GS	A	-0.8%
TXN	C	-0.74%
C	A	-0.74%
LLY	F	-0.67%
BMY	B	-0.64%
RTX	C	-0.62%
HON	B	-0.6%
AMGN	D	-0.6%
BLK	C	-0.51%
UPS	C	-0.51%
ABT	B	-0.49%
EOG	A	-0.49%
USB	A	-0.48%
PNC	B	-0.47%
SO	D	-0.47%
DUK	C	-0.47%
BX	A	-0.46%
SPG	B	-0.46%
OKE	A	-0.44%
WMB	A	-0.43%
MDLZ	F	-0.42%
PLD	D	-0.4%
TJX	A	-0.39%
AXP	A	-0.37%
AMT	D	-0.34%
PCAR	B	-0.33%
KMB	D	-0.31%
CCI	D	-0.3%
AEP	D	-0.29%
CVS	D	-0.29%
MMC	B	-0.29%
TGT	F	-0.28%
O	D	-0.28%
WM	A	-0.28%
SYK	C	-0.28%
VICI	C	-0.28%
CRM	B	-0.28%
ETR	B	-0.27%
SCHW	B	-0.27%
XEL	A	-0.26%
SRE	A	-0.25%
WELL	A	-0.25%
ADI	D	-0.24%
ICE	C	-0.24%
KHC	F	-0.23%
APO	B	-0.23%
PSX	C	-0.23%
DLR	B	-0.23%
PH	A	-0.23%
CI	F	-0.23%
CME	A	-0.22%
EQIX	A	-0.22%
EMR	A	-0.22%
DOW	F	-0.22%
DIS	B	-0.22%
DE	A	-0.22%
KVUE	A	-0.22%
APD	A	-0.22%
ED	D	-0.22%
GD	F	-0.21%
EXR	D	-0.2%
SYY	B	-0.2%
KR	B	-0.19%
GLW	B	-0.19%
CMI	A	-0.19%
FITB	A	-0.18%
FDX	B	-0.18%
MTB	A	-0.18%
MSI	B	-0.18%
NSC	B	-0.18%
EXC	C	-0.18%
COF	B	-0.18%
TRV	B	-0.17%
AMP	A	-0.17%
RF	A	-0.17%
HBAN	A	-0.17%
GIS	D	-0.17%
SPGI	C	-0.17%
GE	D	-0.17%
ALL	A	-0.17%
TMO	F	-0.17%
TROW	B	-0.16%
HIG	B	-0.16%
HPQ	B	-0.16%
AEE	A	-0.15%
SHW	A	-0.15%
STT	A	-0.15%
K	A	-0.15%
AIG	B	-0.15%
NOC	D	-0.15%
DFS	B	-0.15%
KDP	D	-0.15%
APH	A	-0.15%
IRM	D	-0.15%
DHR	F	-0.15%
WEC	A	-0.14%
ECL	D	-0.14%
KKR	A	-0.14%
ELV	F	-0.14%
AMAT	F	-0.14%
DRI	B	-0.13%
BDX	F	-0.13%
FE	C	-0.13%
YUM	B	-0.13%
BKR	B	-0.13%
PGR	A	-0.13%
LHX	C	-0.13%
PPL	B	-0.12%
CSX	B	-0.12%
VTR	C	-0.12%
BBY	D	-0.12%
ES	D	-0.12%
STZ	D	-0.12%
MCO	B	-0.12%
ARES	A	-0.11%
HCA	F	-0.11%
RSG	A	-0.11%
GM	B	-0.11%
DTE	C	-0.11%
ATO	A	-0.11%
TRGP	B	-0.11%
OTIS	C	-0.11%
LNG	B	-0.1%
ARE	D	-0.1%
PPG	F	-0.1%
NTRS	A	-0.1%
GWW	B	-0.1%
CARR	D	-0.1%
DTD	A	-0.09%
LVS	C	-0.09%
MU	D	-0.09%
CLX	B	-0.09%
ADM	D	-0.09%
FANG	D	-0.09%
TSN	B	-0.09%
URI	B	-0.09%
DD	D	-0.09%
HRL	D	-0.08%
TSCO	D	-0.08%
HSY	F	-0.08%
OMC	C	-0.08%
INVH	D	-0.08%
CTSH	B	-0.08%
HPE	B	-0.08%
CMS	C	-0.08%
WRB	A	-0.08%
CEG	D	-0.08%
CINF	A	-0.08%
DELL	C	-0.07%
AWK	D	-0.07%
NDAQ	A	-0.07%
CAH	B	-0.07%
ROK	B	-0.07%
AJG	B	-0.07%
OXY	D	-0.07%
HES	B	-0.07%
MCK	B	-0.07%
VMC	B	-0.06%
LEN	D	-0.06%
MKC	D	-0.06%
ROST	C	-0.06%
DHI	D	-0.06%
HAL	C	-0.06%
RJF	A	-0.06%
MSCI	C	-0.06%
GPC	D	-0.06%
CNP	B	-0.06%
HLT	A	-0.06%
VRSK	A	-0.05%
CBOE	B	-0.05%
DGX	A	-0.05%
DOV	A	-0.05%
RS	B	-0.05%
ROP	B	-0.05%
AME	A	-0.05%
DAL	C	-0.05%
SUI	D	-0.05%
A	D	-0.04%
CDW	F	-0.04%
MLM	B	-0.04%
SBAC	D	-0.04%
MRO	B	-0.04%
ROL	B	-0.04%
BRO	B	-0.04%
STLD	B	-0.04%
IR	B	-0.04%
PWR	A	-0.04%
XYL	D	-0.04%
PCG	A	-0.04%
HWM	A	-0.04%
HUBB	B	-0.04%
PHM	D	-0.04%
ODFL	B	-0.04%
MPWR	F	-0.03%
FTV	C	-0.03%
FCNCA	A	-0.03%
EFX	F	-0.03%
WLK	D	-0.03%
HUM	C	-0.03%
AVY	D	-0.03%
ERIE	D	-0.03%
EXPD	D	-0.03%
LH	C	-0.03%
BALL	D	-0.03%
BAH	F	-0.03%
GPN	B	-0.03%
CHD	B	-0.03%
WAB	B	-0.03%
SIRI	C	-0.03%
GEHC	F	-0.03%
HEI	B	-0.02%
TXT	D	-0.02%
J	F	-0.02%
FDS	B	-0.02%
L	A	-0.02%
VLTO	D	-0.02%
JBHT	C	-0.02%
WST	C	-0.02%
LPLA	A	-0.02%
ZBH	C	-0.02%
LEN	D	-0.01%
WMG	C	-0.01%
TW	A	-0.01%
HEI	B	-0.01%