QDF vs. ERTH ETF Comparison

Comparison of FlexShares Quality Dividend Index Fund (QDF) to Invesco MSCI Sustainable Future ETF (ERTH)

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

$72.39

Average Daily Volume

26,693

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

ERTH

Invesco MSCI Sustainable Future ETF

ERTH Description

The Invesco MSCI Sustainable Future ETF (Fund) is based on the MSCI Global Environment Select Index (Index). The Fund will generally invest at least 90% of its total assets in securities that comprise the Index. The Index is comprised of companies that focus on offering products or services that contribute to a more environmentally sustainable economy by making a more efficient use of global resources. The Index is designed to maximize exposure to six Environmental Impact Themes: alternative energy, energy efficiency, green building, sustainable water, pollution prevention and control, and sustainable agriculture. The Fund and the Index are rebalanced quarterly.

Grade (RS Rating)

Last Trade

$41.25

Average Daily Volume

9,570

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QDF	ERTH
30 Days	0.21%	-2.79%
60 Days	2.38%	-5.02%
90 Days	3.47%	-3.99%
12 Months	26.27%	-3.19%

3 Overlapping Holdings

Symbol	Grade	Weight in QDF	Weight in ERTH	Overlap
NEP	F	0.3%	0.37%	0.3%
NVDA	B	5.81%	5.76%	5.76%
WMS	F	0.36%	2.13%	0.36%

QDF Overweight 124 Positions Relative to ERTH

Symbol	Grade	Weight
AAPL	C	8.54%
MSFT	D	4.91%
META	D	3.1%
PG	C	3.03%
JNJ	C	3.01%
ABBV	F	2.58%
KO	D	2.16%
ACN	B	1.93%
GOOGL	C	1.84%
HD	B	1.77%
INTU	B	1.74%
QCOM	F	1.68%
GOOG	C	1.63%
PM	B	1.41%
LOW	C	1.27%
UNP	C	1.24%
ADP	A	1.11%
GILD	C	1.0%
MS	A	0.98%
MO	A	0.89%
AVGO	D	0.88%
LRCX	F	0.87%
VRT	B	0.83%
NKE	F	0.83%
SBUX	A	0.76%
KLAC	F	0.76%
CAT	B	0.75%
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	B	0.63%
LMT	D	0.62%
FIS	C	0.62%
AFL	B	0.62%
PEG	A	0.61%
PRU	A	0.61%
VIRT	A	0.6%
KTB	B	0.6%
JHG	B	0.6%
PSA	C	0.6%
D	C	0.59%
AVB	B	0.58%
EBAY	D	0.58%
EA	A	0.58%
CMA	B	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	B	0.55%
EQR	C	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	A	0.51%
XOM	B	0.5%
SMG	C	0.5%
RDN	D	0.49%
STWD	C	0.49%
UGI	C	0.49%
NSA	C	0.49%
BPOP	C	0.48%
WDFC	B	0.47%
FAF	A	0.47%
DVN	F	0.46%
MRK	D	0.45%
IPG	D	0.45%
MCHP	F	0.45%
WU	F	0.45%
POOL	C	0.44%
WSM	C	0.43%
TT	A	0.43%
CFR	B	0.42%
NUE	C	0.42%
EVRG	A	0.42%
WY	F	0.42%
HST	C	0.41%
SWKS	F	0.4%
V	A	0.4%
CTAS	B	0.39%
LNC	C	0.39%
PFG	D	0.39%
RHI	C	0.38%
ALLY	C	0.37%
CUBE	C	0.37%
SCCO	F	0.36%
APLE	B	0.35%
EIX	B	0.34%
IRDM	D	0.31%
BR	A	0.3%
MA	B	0.26%
OLN	F	0.25%
COST	A	0.24%
NNN	C	0.23%
NTAP	C	0.22%
WING	D	0.2%
HRB	D	0.17%
RMD	C	0.17%
DPZ	C	0.17%
PNW	A	0.16%
PAYC	B	0.16%
CL	D	0.15%
COR	B	0.14%
WMT	A	0.13%
BSY	F	0.13%
EXP	B	0.08%
WFRD	D	0.07%
CSWI	B	0.07%
BKNG	A	0.07%
MAR	A	0.05%
COP	C	0.04%
STNG	F	0.02%
BAC	A	0.02%
BBWI	C	0.01%

QDF Underweight 37 Positions Relative to ERTH

Symbol	Grade	Weight
TSLA	B	-7.03%
DLR	B	-5.84%
FSLR	F	-4.43%
LI	F	-3.17%
ENPH	F	-2.01%
XPEV	C	-1.85%
RIVN	F	-1.77%
VNO	C	-1.58%
BMI	B	-1.55%
DAR	C	-1.54%
MTH	D	-1.53%
NIO	F	-1.52%
KBH	D	-1.38%
WFG	C	-1.2%
CUZ	B	-1.12%
ORA	B	-1.04%
DEI	B	-0.75%
LCID	F	-0.58%
RUN	F	-0.56%
PLUG	F	-0.36%
AAT	B	-0.34%
ARRY	F	-0.27%
ERII	D	-0.25%
BZH	C	-0.23%
BDN	C	-0.21%
PGRE	F	-0.21%
SHLS	F	-0.2%
REX	D	-0.17%
SEDG	F	-0.17%
JKS	F	-0.16%
CHPT	F	-0.1%
RDUS	B	-0.1%
TUYA	D	-0.08%
AMPS	C	-0.07%
MNTK	F	-0.06%
MERC	F	-0.06%
RENB	F	-0.05%