QDF vs. QTR ETF Comparison

Comparison of FlexShares Quality Dividend Index Fund (QDF) to Global X NASDAQ 100 Tail Risk ETF (QTR)

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

$73.39

Average Daily Volume

26,503

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

QTR

Global X NASDAQ 100 Tail Risk ETF

QTR Description

Global X Funds - Global X NASDAQ 100 Tail Risk ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It invests directly and through derivatives such as options in stocks of companies operating across non-financial companies sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Nasdaq-100 Quarterly Protective Put 90 Index, by using full replication technique. Global X Funds - Global X NASDAQ 100 Tail Risk ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$31.44

Average Daily Volume

305

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	QDF	QTR
30 Days	2.83%	2.41%
60 Days	2.84%	3.74%
90 Days	5.26%	6.61%
12 Months	28.19%	26.94%

23 Overlapping Holdings

Symbol	Grade	Weight in QDF	Weight in QTR	Overlap
AAPL	A	8.54%	8.56%	8.54%
ADP	A	1.11%	0.77%	0.77%
AVGO	D	0.88%	4.81%	0.88%
BKNG	A	0.07%	1.08%	0.07%
COST	A	0.24%	2.62%	0.24%
CTAS	A	0.39%	0.56%	0.39%
EA	B	0.58%	0.27%	0.27%
FAST	A	0.68%	0.3%	0.3%
GILD	B	1.0%	0.7%	0.7%
GOOG	C	1.63%	2.44%	1.63%
GOOGL	C	1.84%	2.53%	1.84%
INTU	C	1.74%	1.16%	1.16%
KLAC	D	0.76%	0.53%	0.53%
LRCX	D	0.87%	0.58%	0.58%
MAR	A	0.05%	0.5%	0.05%
MCHP	D	0.45%	0.22%	0.22%
META	D	3.1%	4.83%	3.1%
MSFT	C	4.91%	7.59%	4.91%
NVDA	C	5.81%	8.8%	5.81%
NXPI	D	0.52%	0.35%	0.35%
PAYX	B	0.63%	0.32%	0.32%
QCOM	F	1.68%	1.09%	1.09%
SBUX	B	0.76%	0.71%	0.71%

QDF Overweight 104 Positions Relative to QTR

Symbol	Grade	Weight
PG	A	3.03%
JNJ	D	3.01%
ABBV	D	2.58%
KO	D	2.16%
ACN	B	1.93%
HD	B	1.77%
PM	A	1.41%
LOW	C	1.27%
UNP	C	1.24%
MS	C	0.98%
MO	A	0.89%
VRT	B	0.83%
NKE	F	0.83%
CAT	B	0.75%
JPM	B	0.75%
ZTS	F	0.74%
ITW	A	0.74%
BK	A	0.68%
MMM	C	0.65%
LMT	D	0.62%
FIS	D	0.62%
AFL	A	0.62%
PEG	A	0.61%
PRU	A	0.61%
VIRT	B	0.6%
KTB	B	0.6%
JHG	A	0.6%
PSA	C	0.6%
D	C	0.59%
AVB	A	0.58%
EBAY	C	0.58%
CMA	A	0.58%
GEN	A	0.58%
TPR	A	0.57%
MET	A	0.56%
SNA	A	0.56%
WTW	A	0.56%
ORI	A	0.55%
CHRW	C	0.55%
EQR	A	0.55%
MAA	B	0.55%
VLO	C	0.55%
MPC	D	0.54%
OMF	A	0.52%
OHI	C	0.52%
CPT	A	0.51%
IVZ	B	0.51%
OGE	A	0.51%
XOM	C	0.5%
SMG	D	0.5%
RDN	B	0.49%
STWD	C	0.49%
UGI	A	0.49%
NSA	C	0.49%
BPOP	B	0.48%
WDFC	C	0.47%
FAF	B	0.47%
DVN	F	0.46%
MRK	D	0.45%
IPG	C	0.45%
WU	D	0.45%
POOL	C	0.44%
WSM	B	0.43%
TT	A	0.43%
CFR	B	0.42%
NUE	D	0.42%
EVRG	A	0.42%
WY	D	0.42%
HST	C	0.41%
SWKS	D	0.4%
V	A	0.4%
LNC	B	0.39%
PFG	C	0.39%
RHI	C	0.38%
ALLY	B	0.37%
CUBE	D	0.37%
SCCO	F	0.36%
WMS	D	0.36%
APLE	B	0.35%
EIX	A	0.34%
IRDM	D	0.31%
NEP	F	0.3%
BR	A	0.3%
MA	A	0.26%
OLN	D	0.25%
NNN	D	0.23%
NTAP	B	0.22%
WING	D	0.2%
HRB	D	0.17%
RMD	C	0.17%
DPZ	B	0.17%
PNW	A	0.16%
PAYC	A	0.16%
CL	D	0.15%
COR	A	0.14%
WMT	A	0.13%
BSY	D	0.13%
EXP	B	0.08%
WFRD	F	0.07%
CSWI	B	0.07%
COP	D	0.04%
STNG	F	0.02%
BAC	A	0.02%
BBWI	C	0.01%

QDF Underweight 78 Positions Relative to QTR

Symbol	Grade	Weight
AMZN	B	-5.23%
TSLA	B	-4.06%
NFLX	B	-2.4%
TMUS	A	-1.74%
CSCO	A	-1.47%
AMD	F	-1.42%
ADBE	C	-1.41%
PEP	F	-1.38%
LIN	D	-1.37%
ISRG	B	-1.22%
TXN	D	-1.15%
CMCSA	C	-1.06%
AMGN	F	-0.98%
HON	B	-0.93%
AMAT	F	-0.9%
PANW	B	-0.8%
VRTX	D	-0.74%
MU	D	-0.69%
ADI	D	-0.66%
INTC	D	-0.65%
APP	B	-0.62%
MELI	C	-0.62%
MDLZ	F	-0.55%
PYPL	B	-0.55%
CDNS	B	-0.53%
SNPS	B	-0.52%
REGN	F	-0.51%
CRWD	B	-0.51%
PDD	F	-0.5%
MRVL	B	-0.49%
CEG	C	-0.47%
FTNT	B	-0.45%
ORLY	A	-0.43%
ADSK	B	-0.42%
DASH	A	-0.42%
CSX	B	-0.42%
ASML	F	-0.4%
ABNB	C	-0.38%
ROP	B	-0.37%
PCAR	B	-0.36%
CHTR	B	-0.35%
WDAY	C	-0.35%
TTD	B	-0.35%
CPRT	A	-0.34%
FANG	F	-0.34%
AEP	C	-0.33%
MNST	B	-0.33%
ODFL	B	-0.29%
ROST	C	-0.29%
BKR	C	-0.28%
KDP	D	-0.28%
DDOG	B	-0.27%
TEAM	B	-0.25%
GEHC	F	-0.25%
EXC	C	-0.25%
XEL	A	-0.25%
VRSK	A	-0.25%
AZN	D	-0.24%
KHC	D	-0.24%
CTSH	A	-0.24%
CCEP	B	-0.23%
LULU	C	-0.23%
IDXX	F	-0.21%
TTWO	A	-0.2%
CSGP	C	-0.2%
ON	D	-0.19%
DXCM	C	-0.19%
ZS	C	-0.19%
ANSS	B	-0.18%
WBD	C	-0.16%
BIIB	F	-0.15%
GFS	C	-0.15%
CDW	F	-0.15%
MDB	C	-0.13%
ILMN	C	-0.13%
ARM	D	-0.1%
MRNA	F	-0.09%
SMCI	F	-0.09%