QLC vs. HELO ETF Comparison

Comparison of FlexShares US Quality Large Cap Index Fund (QLC) to JPMorgan Hedged Equity Laddered Overlay ETF (HELO)

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

HELO

JPMorgan Hedged Equity Laddered Overlay ETF

HELO Description

The fund seeks to provide capital appreciation through participation in the broad equity markets while hedging overall market exposure relative to traditional long-only equity strategies. Under normal circumstances, it invests at least 80% of its assets in equity securities. The fund uses an enhanced index strategy to invest in equity securities similar to those in the S&P 500 Index, which primarily consist of common stocks of large capitalization U.S. companies.

Grade (RS Rating)

Last Trade

$62.66

Average Daily Volume

282,728

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

Performance

Period	QLC	HELO
30 Days	3.14%	1.57%
60 Days	4.71%	3.39%
90 Days	6.03%	4.59%
12 Months	34.37%	20.91%

61 Overlapping Holdings

Symbol	Grade	Weight in QLC	Weight in HELO	Overlap
AAPL	C	7.51%	6.83%	6.83%
ABBV	D	0.19%	1.14%	0.19%
ABT	B	0.13%	0.19%	0.13%
ACN	C	0.68%	0.21%	0.21%
ADBE	C	0.82%	0.18%	0.18%
ADI	D	0.47%	0.72%	0.47%
AMZN	C	2.34%	4.5%	2.34%
AVGO	D	1.69%	1.02%	1.02%
AZO	C	0.56%	0.65%	0.56%
BAC	A	1.5%	1.26%	1.26%
BBY	D	0.19%	0.2%	0.19%
BKNG	A	0.66%	0.75%	0.66%
BMY	B	0.44%	0.68%	0.44%
BRK.A	B	2.35%	1.53%	1.53%
C	A	1.25%	0.3%	0.3%
CI	F	0.76%	0.34%	0.34%
CMCSA	B	0.78%	0.71%	0.71%
CRM	B	0.04%	1.15%	0.04%
CTSH	B	0.34%	0.49%	0.34%
DASH	A	0.24%	0.11%	0.11%
DHR	F	0.04%	0.44%	0.04%
EXPE	B	0.05%	0.29%	0.05%
FICO	B	0.68%	0.12%	0.12%
FIS	C	0.34%	0.52%	0.34%
FITB	A	0.27%	0.48%	0.27%
GOOG	C	2.82%	1.46%	1.46%
GOOGL	C	2.85%	2.09%	2.09%
GS	A	0.68%	0.75%	0.68%
HCA	F	0.19%	0.11%	0.11%
INTU	C	1.08%	0.51%	0.51%
JNJ	D	1.48%	0.51%	0.51%
LDOS	C	0.54%	0.39%	0.39%
LEN	D	0.09%	0.14%	0.09%
LLY	F	1.14%	1.07%	1.07%
LOW	D	0.45%	0.99%	0.45%
LRCX	F	0.72%	0.37%	0.37%
LYB	F	0.11%	0.23%	0.11%
MAS	D	0.24%	0.23%	0.23%
MCK	B	0.77%	0.16%	0.16%
MET	A	0.55%	0.3%	0.3%
META	D	2.34%	2.9%	2.34%
MO	A	0.29%	0.15%	0.15%
MRK	F	0.88%	0.24%	0.24%
MSFT	F	4.69%	7.13%	4.69%
NRG	B	0.47%	0.04%	0.04%
NUE	C	0.39%	0.11%	0.11%
NVDA	C	6.54%	7.8%	6.54%
ORCL	B	1.12%	0.36%	0.36%
PCAR	B	0.3%	0.18%	0.18%
PG	A	1.27%	0.14%	0.14%
PM	B	0.54%	0.32%	0.32%
RCL	A	0.4%	0.34%	0.34%
REGN	F	0.06%	0.45%	0.06%
SO	D	0.84%	0.84%	0.84%
SYK	C	0.05%	0.76%	0.05%
T	A	0.78%	0.18%	0.18%
TGT	F	0.06%	0.14%	0.06%
TSLA	B	0.73%	1.58%	0.73%
TXT	D	0.02%	0.29%	0.02%
UPS	C	0.37%	0.54%	0.37%
WFC	A	0.45%	1.0%	0.45%

QLC Overweight 103 Positions Relative to HELO

Symbol	Grade	Weight
JPM	A	2.1%
CSCO	B	1.25%
GE	D	0.96%
CAT	B	0.95%
ITW	B	0.77%
COF	B	0.72%
MS	A	0.69%
NFLX	A	0.69%
BK	A	0.68%
ETR	B	0.66%
QCOM	F	0.66%
AMAT	F	0.66%
HD	A	0.66%
GWW	B	0.64%
KLAC	D	0.64%
SPG	B	0.64%
CBRE	B	0.63%
AFL	B	0.62%
PEG	A	0.61%
LMT	D	0.58%
PPL	B	0.56%
SYF	B	0.56%
COR	B	0.56%
AMGN	D	0.55%
AVB	B	0.55%
MPC	D	0.54%
NVR	D	0.54%
APP	B	0.53%
ESS	B	0.53%
VLO	C	0.53%
AIG	B	0.52%
ED	D	0.51%
FTNT	C	0.5%
PSA	D	0.48%
STLD	B	0.47%
EBAY	D	0.47%
CHKP	D	0.46%
KR	B	0.46%
STT	A	0.44%
HST	C	0.44%
EQR	B	0.44%
WY	D	0.43%
KMB	D	0.43%
OMC	C	0.39%
DVA	B	0.39%
MELI	D	0.38%
EXC	C	0.38%
RMD	C	0.38%
EXPD	D	0.38%
CSL	C	0.35%
GIS	D	0.34%
DELL	C	0.33%
LH	C	0.33%
CL	D	0.33%
ALLY	C	0.33%
CMI	A	0.31%
MTD	D	0.31%
CNC	D	0.29%
TAP	C	0.28%
EA	A	0.28%
WAB	B	0.28%
PRU	A	0.28%
JBL	B	0.27%
MMM	D	0.25%
PHM	D	0.23%
ABNB	C	0.22%
MCHP	D	0.22%
OXY	D	0.21%
EIX	B	0.21%
HOOD	B	0.21%
CAH	B	0.21%
HOLX	D	0.2%
IT	C	0.19%
PSX	C	0.19%
IDXX	F	0.18%
FI	A	0.18%
DFS	B	0.18%
NTAP	C	0.17%
PAYX	C	0.16%
GILD	C	0.15%
ICLR	D	0.14%
THC	D	0.14%
UTHR	C	0.13%
WSM	B	0.13%
EME	C	0.12%
ELV	F	0.12%
MANH	D	0.11%
CRBG	B	0.09%
AOS	F	0.08%
CE	F	0.07%
FLEX	A	0.07%
GEHC	F	0.07%
ZM	B	0.06%
ADP	B	0.05%
EVRG	A	0.03%
JLL	D	0.03%
ROP	B	0.03%
MEDP	D	0.02%
MAA	B	0.02%
ADM	D	0.02%
SMCI	F	0.02%
LAMR	D	0.02%
EMR	A	0.02%

QLC Underweight 100 Positions Relative to HELO

Symbol	Grade	Weight
MA	C	-1.72%
UNH	C	-1.62%
V	A	-1.49%
XOM	B	-1.43%
HON	B	-0.98%
TT	A	-0.96%
NOW	A	-0.94%
TMO	F	-0.89%
TXN	C	-0.87%
NEE	D	-0.83%
PEP	F	-0.83%
LIN	D	-0.82%
COP	C	-0.81%
MCD	D	-0.81%
PGR	A	-0.75%
NXPI	D	-0.72%
MDLZ	F	-0.72%
DE	A	-0.68%
KO	D	-0.63%
HWM	A	-0.62%
VRTX	F	-0.6%
CME	A	-0.59%
UBER	D	-0.58%
MU	D	-0.57%
TFC	A	-0.56%
COST	B	-0.53%
BSX	B	-0.52%
TDG	D	-0.52%
CMG	B	-0.51%
PLD	D	-0.5%
OTIS	C	-0.5%
PCG	A	-0.5%
YUM	B	-0.5%
CPAY	A	-0.47%
EOG	A	-0.47%
CARR	D	-0.46%
MDT	D	-0.46%
AMD	F	-0.45%
AON	A	-0.44%
ROST	C	-0.44%
SCHW	B	-0.42%
STX	D	-0.41%
CSX	B	-0.41%
DLR	B	-0.39%
VTR	C	-0.39%
ETN	A	-0.38%
HLT	A	-0.36%
DOW	F	-0.35%
TRV	B	-0.34%
FDX	B	-0.33%
USB	A	-0.33%
MNST	C	-0.32%
SBAC	D	-0.31%
FANG	D	-0.31%
DIS	B	-0.31%
CHD	B	-0.3%
WELL	A	-0.27%
KVUE	A	-0.26%
CHTR	C	-0.25%
BKR	B	-0.24%
BURL	A	-0.24%
IR	B	-0.23%
DAL	C	-0.23%
PPG	F	-0.21%
AXP	A	-0.21%
AMP	A	-0.2%
KKR	A	-0.2%
ELS	C	-0.19%
CVX	A	-0.18%
HPE	B	-0.18%
WDC	D	-0.18%
MSI	B	-0.17%
NOC	D	-0.17%
CDNS	B	-0.17%
UNP	C	-0.17%
TMUS	B	-0.17%
MLM	B	-0.16%
HUM	C	-0.16%
ANET	C	-0.15%
MMC	B	-0.14%
SQ	B	-0.14%
URI	B	-0.13%
LULU	C	-0.13%
PFG	D	-0.13%
BIIB	F	-0.12%
VST	B	-0.1%
CMS	C	-0.1%
APTV	D	-0.1%
WMG	C	-0.1%
NBIX	C	-0.08%
EQIX	A	-0.07%
SIRI	C	-0.07%
EQT	B	-0.06%
BAX	D	-0.06%
MRVL	B	-0.06%
AME	A	-0.06%
EL	F	-0.05%
BMRN	D	-0.03%
SRPT	D	-0.03%
LKQ	D	-0.02%