QDF vs. JSTC ETF Comparison

Comparison of FlexShares Quality Dividend Index Fund (QDF) to Adasina Social Justice All Cap Global ETF (JSTC)

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

$71.51

Average Daily Volume

26,562

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

JSTC

Adasina Social Justice All Cap Global ETF

JSTC Description

The investment seeks capital appreciation and income. The fund is an actively-managed exchange-traded fund (?ETF?) that seeks to achieve its investment objective by investing the fund?s assets in a portfolio of global companies whose business practices are aligned with the social justice investment criteria. Under normal market conditions, it will invest in at least three countries (one of which may be the United States) and will invest at least 40% of its total assets at the time of purchase in non?U.S. companies.

Grade (RS Rating)

Last Trade

$18.95

Average Daily Volume

15,587

Number of Holdings ^*

335

* may have additional holdings in another (foreign) market

Performance

Period	QDF	JSTC
30 Days	0.01%	0.05%
60 Days	3.35%	3.03%
90 Days	4.74%	5.19%
12 Months	26.45%	18.96%

20 Overlapping Holdings

Symbol	Grade	Weight in QDF	Weight in JSTC	Overlap
ADP	A	1.13%	1.45%	1.13%
AFL	C	0.6%	2.21%	0.6%
BPOP	C	0.48%	0.02%	0.02%
BR	A	0.3%	0.32%	0.3%
CFR	B	0.43%	0.06%	0.06%
CSWI	B	0.07%	0.04%	0.04%
EA	A	0.55%	0.51%	0.51%
IPG	F	0.48%	0.54%	0.48%
LNC	B	0.4%	0.08%	0.08%
MRK	F	0.46%	1.85%	0.46%
NTAP	D	0.22%	1.04%	0.22%
NXPI	F	0.52%	0.95%	0.52%
PAYX	B	0.65%	1.04%	0.65%
POOL	D	0.45%	0.29%	0.29%
RHI	B	0.39%	0.09%	0.09%
RMD	C	0.18%	0.27%	0.18%
SNA	A	0.56%	1.55%	0.56%
V	A	0.39%	1.98%	0.39%
VRT	B	0.84%	0.02%	0.02%
WTW	A	0.56%	0.77%	0.56%

QDF Overweight 107 Positions Relative to JSTC

Symbol	Grade	Weight
AAPL	C	8.28%
NVDA	A	5.94%
MSFT	C	4.88%
META	B	3.22%
JNJ	D	2.98%
PG	C	2.91%
ABBV	F	2.67%
KO	F	2.19%
ACN	B	1.93%
GOOGL	C	1.87%
INTU	A	1.77%
HD	B	1.73%
QCOM	F	1.7%
GOOG	C	1.65%
PM	B	1.32%
UNP	D	1.27%
LOW	B	1.27%
GILD	B	1.08%
MS	A	0.97%
AVGO	C	0.94%
LRCX	F	0.92%
NKE	F	0.84%
MO	A	0.84%
KLAC	F	0.81%
CAT	B	0.76%
SBUX	B	0.75%
ITW	B	0.74%
ZTS	D	0.73%
JPM	A	0.72%
FAST	B	0.69%
BK	B	0.67%
MMM	C	0.66%
LMT	D	0.65%
FIS	B	0.61%
PEG	C	0.6%
GEN	B	0.6%
JHG	A	0.6%
VIRT	B	0.59%
KTB	A	0.59%
PRU	B	0.59%
CMA	A	0.59%
PSA	D	0.59%
AVB	B	0.58%
EBAY	C	0.58%
D	D	0.58%
MAA	C	0.55%
OHI	C	0.54%
MET	C	0.54%
IVZ	B	0.53%
ORI	A	0.53%
EQR	C	0.53%
CHRW	A	0.53%
MPC	D	0.52%
OGE	B	0.52%
OMF	A	0.52%
VLO	C	0.52%
CPT	C	0.51%
TPR	A	0.51%
NSA	D	0.49%
XOM	B	0.49%
SMG	D	0.49%
MCHP	F	0.48%
STWD	C	0.48%
RDN	C	0.48%
WDFC	B	0.47%
UGI	D	0.47%
NUE	D	0.45%
FAF	C	0.45%
DVN	F	0.45%
WU	F	0.44%
TT	B	0.43%
HST	D	0.42%
WY	F	0.42%
WSM	F	0.41%
EVRG	A	0.41%
SWKS	F	0.41%
CTAS	B	0.4%
PFG	C	0.39%
ALLY	C	0.38%
SCCO	F	0.37%
WMS	F	0.37%
APLE	B	0.36%
CUBE	D	0.36%
IRDM	B	0.33%
EIX	C	0.33%
NEP	F	0.32%
MA	B	0.26%
OLN	F	0.26%
COST	B	0.24%
NNN	F	0.23%
WING	D	0.2%
HRB	D	0.17%
DPZ	C	0.17%
PNW	A	0.16%
PAYC	B	0.16%
CL	F	0.15%
COR	B	0.14%
WMT	A	0.13%
BSY	F	0.13%
EXP	B	0.09%
WFRD	F	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 315 Positions Relative to JSTC

Symbol	Grade	Weight
GGG	B	-1.5%
PGR	A	-1.32%
JNPR	D	-1.32%
MTB	A	-1.27%
XYL	F	-1.25%
GWW	B	-1.21%
SPGI	C	-1.21%
NDAQ	B	-1.17%
BMY	B	-1.17%
RPM	A	-1.15%
ROP	A	-1.1%
NDSN	B	-1.03%
CSL	B	-1.02%
URI	B	-1.02%
MCO	C	-0.92%
ADBE	C	-0.92%
K	A	-0.89%
DHR	F	-0.88%
NOW	A	-0.88%
APP	B	-0.86%
PWR	B	-0.85%
BRO	B	-0.84%
ISRG	A	-0.82%
EWBC	B	-0.79%
MAS	D	-0.77%
CDNS	B	-0.77%
IT	B	-0.63%
ADSK	B	-0.6%
MELI	D	-0.57%
TW	B	-0.56%
MSCI	B	-0.54%
ANSS	B	-0.53%
VRSN	C	-0.51%
BUD	F	-0.51%
SSNC	C	-0.49%
PSTG	D	-0.48%
CDW	F	-0.46%
WSO	B	-0.44%
SJM	F	-0.44%
VRTX	B	-0.44%
BAP	A	-0.41%
PTC	B	-0.38%
DOX	C	-0.37%
WAT	B	-0.33%
FDS	A	-0.28%
IDXX	F	-0.27%
MTD	F	-0.27%
VEEV	B	-0.26%
OTEX	F	-0.22%
NU	B	-0.2%
CRWD	B	-0.2%
HURN	B	-0.2%
CHT	D	-0.19%
JKHY	C	-0.19%
MOH	F	-0.18%
WST	B	-0.17%
TTWO	A	-0.17%
EPAC	B	-0.16%
HUBS	B	-0.16%
DDOG	B	-0.15%
TFX	F	-0.14%
TEAM	B	-0.14%
AWR	C	-0.14%
RYAN	B	-0.14%
AZZ	B	-0.14%
AKAM	F	-0.14%
NWBI	B	-0.14%
AXTA	A	-0.14%
INSM	C	-0.13%
SRCE	B	-0.13%
ATR	A	-0.13%
DT	C	-0.12%
NET	B	-0.12%
CWT	D	-0.12%
FUL	F	-0.12%
CHCO	B	-0.12%
NBTB	B	-0.1%
HMN	B	-0.1%
BIIB	F	-0.1%
AMWD	B	-0.1%
STBA	B	-0.1%
SCSC	B	-0.09%
SXT	B	-0.09%
APAM	B	-0.09%
BYD	A	-0.09%
JXN	C	-0.09%
TECH	D	-0.09%
MMI	B	-0.09%
EPAM	B	-0.09%
SAFT	B	-0.09%
HOPE	B	-0.09%
AMG	B	-0.09%
G	B	-0.08%
DLB	D	-0.08%
RNST	B	-0.08%
EIG	A	-0.08%
SLGN	B	-0.08%
MSM	C	-0.08%
HRI	C	-0.08%
VRTS	B	-0.08%
LOGI	F	-0.08%
TWLO	B	-0.08%
HLI	B	-0.08%
PODD	B	-0.07%
EHC	B	-0.07%
TTC	F	-0.07%
KFY	B	-0.07%
WCC	B	-0.07%
AL	B	-0.07%
SCS	B	-0.07%
BSIG	B	-0.07%
SYBT	B	-0.07%
WTS	B	-0.07%
B	A	-0.07%
GWRE	A	-0.07%
MLI	B	-0.07%
CNO	B	-0.07%
WABC	B	-0.07%
BRKL	B	-0.07%
DLX	B	-0.06%
AVT	C	-0.06%
ASB	B	-0.06%
GHC	B	-0.06%
KWR	C	-0.06%
ESAB	B	-0.06%
PB	B	-0.06%
SSD	F	-0.06%
ENS	D	-0.06%
SUPN	C	-0.06%
CFFN	B	-0.06%
FTDR	B	-0.06%
IBP	F	-0.06%
SJW	F	-0.06%
APG	C	-0.06%
MKTX	C	-0.05%
TRS	D	-0.05%
WBS	A	-0.05%
AAON	B	-0.05%
VCYT	B	-0.05%
GMS	B	-0.05%
BDC	C	-0.05%
MSA	D	-0.05%
KAI	B	-0.05%
WAL	B	-0.05%
TPH	C	-0.05%
SEE	C	-0.05%
DOCU	B	-0.05%
BHF	B	-0.05%
SPNS	F	-0.05%
WD	D	-0.05%
MDB	C	-0.05%
RPRX	F	-0.05%
WEX	D	-0.05%
CBZ	B	-0.05%
FSS	C	-0.05%
BGC	C	-0.04%
PRLB	C	-0.04%
ALNY	D	-0.04%
MASI	B	-0.04%
PRGS	A	-0.04%
CSGS	B	-0.04%
WSC	F	-0.04%
HI	C	-0.04%
SSB	B	-0.04%
NPO	B	-0.04%
IGT	F	-0.04%
TNET	C	-0.04%
IMAX	B	-0.04%
PRO	C	-0.04%
DY	C	-0.04%
ITGR	B	-0.04%
EXLS	B	-0.04%
PZZA	D	-0.04%
AGO	B	-0.04%
PIPR	B	-0.04%
ENOV	C	-0.04%
KAR	B	-0.04%
FLUT	A	-0.04%
CR	B	-0.04%
JELD	F	-0.04%
CHE	D	-0.04%
AZEK	B	-0.04%
SCHL	F	-0.04%
ACIW	B	-0.04%
SITE	D	-0.04%
MTG	C	-0.04%
CFLT	B	-0.03%
REYN	D	-0.03%
BKU	A	-0.03%
PCTY	B	-0.03%
SMAR	A	-0.03%
NOMD	F	-0.03%
SPB	A	-0.03%
CNMD	C	-0.03%
GBCI	B	-0.03%
EXTR	C	-0.03%
RMBS	C	-0.03%
HAE	B	-0.03%
FIX	B	-0.03%
SIGI	B	-0.03%
HLIO	C	-0.03%
ZD	B	-0.03%
QLYS	B	-0.03%
CCS	F	-0.03%
LCII	D	-0.03%
TFSL	A	-0.03%
QFIN	C	-0.03%
CABO	B	-0.03%
PHR	D	-0.03%
CVLT	B	-0.03%
ALTR	C	-0.03%
NVST	C	-0.03%
LNW	F	-0.03%
NOVT	C	-0.03%
FN	C	-0.03%
EXEL	B	-0.03%
BL	B	-0.03%
RH	C	-0.03%
FRPT	B	-0.03%
VRNS	C	-0.03%
INSP	F	-0.03%
MOD	D	-0.03%
DNB	B	-0.03%
QTWO	B	-0.03%
UBSI	B	-0.03%
CGNX	C	-0.03%
INVA	C	-0.03%
MMSI	B	-0.03%
VREX	C	-0.03%
GKOS	B	-0.03%
PDCO	F	-0.02%
VC	F	-0.02%
TREX	C	-0.02%
FTRE	D	-0.02%
MXL	C	-0.02%
MRNA	F	-0.02%
MEDP	D	-0.02%
BLD	F	-0.02%
RGEN	C	-0.02%
NBIX	C	-0.02%
GO	C	-0.02%
TDC	F	-0.02%
SPSC	F	-0.02%
IPGP	C	-0.02%
TNC	F	-0.02%
NTNX	B	-0.02%
ASAN	C	-0.02%
NVT	C	-0.02%
TENB	C	-0.02%
YMM	C	-0.02%
IONS	F	-0.02%
EVTC	C	-0.02%
CALX	F	-0.02%
SRPT	F	-0.02%
YETI	D	-0.02%
KLIC	C	-0.02%
PCOR	B	-0.02%
AMBA	C	-0.02%
AXNX	A	-0.02%
HUBB	C	-0.02%
WIX	B	-0.02%
HCP	A	-0.02%
RPD	C	-0.02%
KNSL	C	-0.02%
GEHC	D	-0.02%
LNTH	F	-0.02%
MGNI	A	-0.02%
RGA	A	-0.02%
NWL	B	-0.02%
GH	B	-0.02%
GRAB	B	-0.02%
EYE	C	-0.02%
REZI	A	-0.02%
GTLB	B	-0.02%
DOOO	F	-0.02%
NSP	F	-0.02%
AMKR	F	-0.02%
CYBR	B	-0.02%
TDOC	C	-0.02%
MANH	C	-0.02%
WK	B	-0.02%
FIBK	B	-0.02%
PRVA	B	-0.02%
LII	B	-0.02%
NSIT	F	-0.02%
PBH	A	-0.02%
PLMR	A	-0.02%
ONON	B	-0.02%
POWI	D	-0.02%
PACB	F	-0.02%
IART	C	-0.02%
SLAB	F	-0.02%
MNDY	C	-0.02%
BMRN	F	-0.02%
FRME	B	-0.02%
SXI	B	-0.02%
TFIN	B	-0.02%
ALLE	D	-0.02%
EEFT	C	-0.02%
HALO	C	-0.02%
ROG	D	-0.02%
BOX	A	-0.02%
CRUS	F	-0.02%
CELH	F	-0.01%
IQ	F	-0.01%
EVH	F	-0.01%
NTLA	F	-0.01%
SHLS	D	-0.01%
OGN	F	-0.01%
FOXF	F	-0.01%
FORM	F	-0.01%
ACLS	F	-0.01%
CNM	D	-0.01%
OPCH	F	-0.01%
RCKT	F	-0.01%