QLC vs. HAPI ETF Comparison

Comparison of FlexShares US Quality Large Cap Index Fund (QLC) to Harbor Corporate Culture ETF (HAPI)

QLC

FlexShares US Quality Large Cap Index Fund

QLC Description

FlexShares Trust - FlexShares US Quality Large Cap Index Fund is an exchange traded fund launched by Northern Trust Corporation. The fund is managed by Northern Trust Investments, Incorporated. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of large-cap companies. The fund seeks to track the performance of the Northern Trust Quality Large Cap Index, by employing representative sampling methodology. FlexShares Trust - FlexShares US Quality Large Cap Index Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$67.43

Average Daily Volume

43,756

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

HAPI

Harbor Corporate Culture ETF

HAPI Description

The fund invests at least 80% of its total assets in securities that are included in the index. The index consists of a modified market capitalization-weighted portfolio of equity securities of approximately 150 U.S. companies identified by Irrational Capital LLC ("Irrational Capital") as those the advisor believes to possess strong corporate culture based on its proprietary scoring methodology.

Grade (RS Rating)

Last Trade

$36.20

Average Daily Volume

5,644

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

Performance

Period	QLC	HAPI
30 Days	3.14%	2.60%
60 Days	4.71%	4.98%
90 Days	6.03%	6.65%
12 Months	34.37%	35.11%

54 Overlapping Holdings

Symbol	Grade	Weight in QLC	Weight in HAPI	Overlap
AAPL	C	7.51%	5.25%	5.25%
ABNB	C	0.22%	0.49%	0.22%
ADBE	C	0.82%	0.74%	0.74%
ADP	B	0.05%	0.39%	0.05%
AMAT	F	0.66%	0.76%	0.66%
AMGN	D	0.55%	0.89%	0.55%
AMZN	C	2.34%	5.0%	2.34%
BAC	A	1.5%	1.88%	1.5%
BKNG	A	0.66%	1.52%	0.66%
CAT	B	0.95%	1.13%	0.95%
CL	D	0.33%	0.3%	0.3%
CMI	A	0.31%	0.29%	0.29%
CRM	B	0.04%	0.94%	0.04%
CSCO	B	1.25%	0.75%	0.75%
EBAY	D	0.47%	0.29%	0.29%
ED	D	0.51%	0.23%	0.23%
EIX	B	0.21%	0.22%	0.21%
ESS	B	0.53%	0.11%	0.11%
EXC	C	0.38%	0.26%	0.26%
EXPE	B	0.05%	0.26%	0.05%
FICO	B	0.68%	0.17%	0.17%
FTNT	C	0.5%	0.18%	0.18%
GE	D	0.96%	1.05%	0.96%
GEHC	F	0.07%	0.15%	0.07%
GILD	C	0.15%	0.65%	0.15%
GIS	D	0.34%	0.15%	0.15%
GOOG	C	2.82%	2.81%	2.81%
GOOGL	C	2.85%	3.2%	2.85%
GWW	B	0.64%	0.41%	0.41%
INTU	C	1.08%	0.57%	0.57%
IT	C	0.19%	0.13%	0.13%
JNJ	D	1.48%	2.09%	1.48%
JPM	A	2.1%	3.99%	2.1%
KLAC	D	0.64%	0.25%	0.25%
KMB	D	0.43%	0.18%	0.18%
LLY	F	1.14%	2.89%	1.14%
LMT	D	0.58%	0.83%	0.58%
MELI	D	0.38%	0.76%	0.38%
META	D	2.34%	3.22%	2.34%
MO	A	0.29%	0.38%	0.29%
MS	A	0.69%	1.02%	0.69%
MSFT	F	4.69%	4.3%	4.3%
NFLX	A	0.69%	1.14%	0.69%
NTAP	C	0.17%	0.08%	0.08%
NVDA	C	6.54%	8.04%	6.54%
OXY	D	0.21%	0.27%	0.21%
PG	A	1.27%	1.56%	1.27%
PHM	D	0.23%	0.11%	0.11%
QCOM	F	0.66%	0.56%	0.56%
RMD	C	0.38%	0.2%	0.2%
SO	D	0.84%	0.64%	0.64%
SPG	B	0.64%	0.31%	0.31%
STLD	B	0.47%	0.2%	0.2%
SYF	B	0.56%	0.15%	0.15%

QLC Overweight 110 Positions Relative to HAPI

Symbol	Grade	Weight
BRK.A	B	2.35%
AVGO	D	1.69%
C	A	1.25%
ORCL	B	1.12%
MRK	F	0.88%
T	A	0.78%
CMCSA	B	0.78%
ITW	B	0.77%
MCK	B	0.77%
CI	F	0.76%
TSLA	B	0.73%
LRCX	F	0.72%
COF	B	0.72%
BK	A	0.68%
GS	A	0.68%
ACN	C	0.68%
ETR	B	0.66%
HD	A	0.66%
CBRE	B	0.63%
AFL	B	0.62%
PEG	A	0.61%
AZO	C	0.56%
PPL	B	0.56%
COR	B	0.56%
MET	A	0.55%
AVB	B	0.55%
MPC	D	0.54%
LDOS	C	0.54%
PM	B	0.54%
NVR	D	0.54%
APP	B	0.53%
VLO	C	0.53%
AIG	B	0.52%
PSA	D	0.48%
NRG	B	0.47%
ADI	D	0.47%
CHKP	D	0.46%
KR	B	0.46%
WFC	A	0.45%
LOW	D	0.45%
BMY	B	0.44%
STT	A	0.44%
HST	C	0.44%
EQR	B	0.44%
WY	D	0.43%
RCL	A	0.4%
OMC	C	0.39%
DVA	B	0.39%
NUE	C	0.39%
EXPD	D	0.38%
UPS	C	0.37%
CSL	C	0.35%
CTSH	B	0.34%
FIS	C	0.34%
DELL	C	0.33%
LH	C	0.33%
ALLY	C	0.33%
MTD	D	0.31%
PCAR	B	0.3%
CNC	D	0.29%
TAP	C	0.28%
EA	A	0.28%
WAB	B	0.28%
PRU	A	0.28%
FITB	A	0.27%
JBL	B	0.27%
MMM	D	0.25%
MAS	D	0.24%
DASH	A	0.24%
MCHP	D	0.22%
HOOD	B	0.21%
CAH	B	0.21%
HOLX	D	0.2%
HCA	F	0.19%
ABBV	D	0.19%
PSX	C	0.19%
BBY	D	0.19%
IDXX	F	0.18%
FI	A	0.18%
DFS	B	0.18%
PAYX	C	0.16%
ICLR	D	0.14%
THC	D	0.14%
UTHR	C	0.13%
ABT	B	0.13%
WSM	B	0.13%
EME	C	0.12%
ELV	F	0.12%
LYB	F	0.11%
MANH	D	0.11%
CRBG	B	0.09%
LEN	D	0.09%
AOS	F	0.08%
CE	F	0.07%
FLEX	A	0.07%
ZM	B	0.06%
REGN	F	0.06%
TGT	F	0.06%
SYK	C	0.05%
DHR	F	0.04%
EVRG	A	0.03%
JLL	D	0.03%
ROP	B	0.03%
MEDP	D	0.02%
MAA	B	0.02%
ADM	D	0.02%
TXT	D	0.02%
SMCI	F	0.02%
LAMR	D	0.02%
EMR	A	0.02%

QLC Underweight 97 Positions Relative to HAPI

Symbol	Grade	Weight
MA	C	-2.54%
CVX	A	-2.07%
XLC	A	-1.59%
BSX	B	-1.15%
ISRG	A	-1.01%
HON	B	-0.95%
KO	D	-0.93%
AXP	A	-0.91%
BLK	C	-0.87%
PEP	F	-0.84%
PFE	D	-0.77%
BX	A	-0.71%
MAR	B	-0.68%
AMD	F	-0.67%
DE	A	-0.67%
NOW	A	-0.63%
TXN	C	-0.61%
FCX	D	-0.61%
DUK	C	-0.6%
IBM	C	-0.6%
HLT	A	-0.58%
WMB	A	-0.56%
PLD	D	-0.56%
KKR	A	-0.5%
GEV	B	-0.48%
ZTS	D	-0.46%
EQIX	A	-0.46%
NOC	D	-0.45%
CME	A	-0.44%
SLB	C	-0.38%
BDX	F	-0.36%
MDLZ	F	-0.35%
PANW	C	-0.34%
TRV	B	-0.33%
NKE	D	-0.33%
INTC	D	-0.32%
LULU	C	-0.31%
URI	B	-0.31%
CTVA	C	-0.31%
DOW	F	-0.29%
DD	D	-0.29%
LHX	C	-0.28%
ANET	C	-0.27%
PWR	A	-0.26%
BKR	B	-0.26%
MRVL	B	-0.24%
SNPS	B	-0.24%
CDNS	B	-0.24%
DAL	C	-0.23%
CRWD	B	-0.21%
EW	C	-0.21%
EXR	D	-0.2%
ADSK	A	-0.2%
A	D	-0.2%
BLDR	D	-0.19%
ACGL	D	-0.19%
HIG	B	-0.19%
ALNY	D	-0.17%
SPOT	B	-0.17%
F	C	-0.16%
AEE	A	-0.16%
NDAQ	A	-0.16%
DTE	C	-0.16%
WDAY	B	-0.16%
TTD	B	-0.15%
MSCI	C	-0.15%
BRO	B	-0.14%
SBAC	D	-0.14%
STZ	D	-0.14%
CINF	A	-0.13%
TEAM	A	-0.13%
HPQ	B	-0.12%
PFG	D	-0.12%
CBOE	B	-0.12%
ARES	A	-0.12%
BAH	F	-0.11%
LII	A	-0.11%
HUBS	A	-0.1%
LUV	C	-0.1%
BR	A	-0.09%
HPE	B	-0.09%
ANSS	B	-0.09%
ROK	B	-0.09%
BG	F	-0.08%
MOH	F	-0.08%
RBLX	C	-0.07%
DOC	D	-0.07%
CPT	B	-0.07%
ZBRA	B	-0.06%
FDS	B	-0.06%
BMRN	D	-0.06%
TRMB	B	-0.05%
TER	D	-0.05%
MDB	C	-0.05%
J	F	-0.05%
EPAM	C	-0.04%
BSY	D	-0.03%