QLC vs. TECB ETF Comparison

Comparison of FlexShares US Quality Large Cap Index Fund (QLC) to iShares U.S. Tech Breakthrough Multisector ETF (TECB)

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

$64.68

Average Daily Volume

43,713

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

TECB

iShares U.S. Tech Breakthrough Multisector ETF

TECB Description

The fund seeks to track the investment results of the NYSE FactSet U.S. Tech Breakthrough Index (the underlying index), which measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. It generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.14

Average Daily Volume

21,781

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

Performance

Period	QLC	TECB
30 Days	2.30%	3.21%
60 Days	4.61%	4.71%
90 Days	4.95%	1.45%
12 Months	36.67%	40.07%

22 Overlapping Holdings

Symbol	Grade	Weight in QLC	Weight in TECB	Overlap
AAPL	C	7.85%	4.39%	4.39%
ADBE	F	0.88%	3.23%	0.88%
ADI	C	0.54%	1.61%	0.54%
AMZN	C	2.28%	3.94%	2.28%
CRM	C	0.03%	4.06%	0.03%
EBAY	B	0.5%	0.5%	0.5%
FIS	C	0.34%	0.3%	0.3%
FTNT	B	0.42%	1.39%	0.42%
GILD	B	0.15%	1.91%	0.15%
GOOGL	D	2.79%	3.54%	2.79%
INTU	D	1.04%	1.12%	1.04%
MCHP	D	0.28%	0.59%	0.28%
MELI	C	0.44%	1.54%	0.44%
META	B	2.44%	4.37%	2.44%
MRK	F	1.1%	3.29%	1.1%
MSFT	C	5.07%	3.86%	3.86%
NFLX	B	0.61%	4.21%	0.61%
NTAP	D	0.18%	0.4%	0.18%
NVDA	C	5.51%	3.9%	3.9%
ORCL	B	1.05%	4.19%	1.05%
QCOM	D	0.71%	2.7%	0.71%
REGN	D	0.1%	2.04%	0.1%

QLC Overweight 139 Positions Relative to TECB

Symbol	Grade	Weight
GOOG	D	2.76%
BRK.A	C	2.35%
JPM	D	1.86%
AVGO	C	1.81%
JNJ	C	1.63%
LLY	D	1.45%
BAC	D	1.34%
PG	C	1.34%
CSCO	B	1.17%
C	C	1.17%
GE	C	1.05%
CAT	B	0.94%
SO	B	0.89%
CI	C	0.86%
LRCX	D	0.82%
KLAC	D	0.82%
AMAT	D	0.78%
T	B	0.76%
CMCSA	C	0.75%
ITW	B	0.74%
ACN	C	0.67%
AMGN	D	0.67%
MCK	F	0.66%
HD	B	0.65%
LMT	A	0.64%
BK	B	0.64%
AFL	A	0.62%
PEG	B	0.61%
SPG	B	0.61%
COF	B	0.61%
FICO	B	0.6%
CBRE	B	0.6%
ETR	A	0.59%
GS	B	0.59%
NVR	B	0.59%
GWW	B	0.58%
MPC	F	0.58%
AVB	C	0.57%
PPL	A	0.56%
ED	B	0.56%
BKNG	B	0.56%
TSLA	C	0.56%
AZO	B	0.56%
LDOS	A	0.55%
MET	B	0.55%
ESS	C	0.55%
PSA	C	0.54%
MS	B	0.54%
VLO	F	0.53%
CHKP	B	0.53%
AIG	D	0.52%
PM	C	0.52%
HST	D	0.49%
EQR	C	0.47%
WY	C	0.47%
KR	B	0.46%
NRG	B	0.46%
KMB	C	0.46%
SYF	C	0.45%
LOW	B	0.45%
GIS	B	0.42%
STLD	C	0.42%
STT	B	0.42%
OMC	B	0.42%
EXPD	B	0.41%
DVA	B	0.41%
RMD	C	0.41%
BMY	C	0.4%
NUE	D	0.4%
EXC	B	0.4%
MTD	C	0.39%
CNC	D	0.39%
UPS	D	0.37%
CL	C	0.37%
CTSH	B	0.35%
WFC	D	0.35%
CSL	B	0.35%
ALLY	F	0.33%
RCL	B	0.31%
DELL	C	0.3%
PCAR	D	0.28%
PRU	C	0.28%
WAB	B	0.27%
MMM	B	0.27%
CMI	B	0.27%
MO	C	0.27%
MAS	B	0.26%
PHM	B	0.26%
JBL	C	0.25%
TAP	D	0.25%
EA	D	0.25%
FITB	B	0.25%
ICLR	F	0.23%
HCA	B	0.23%
ABBV	B	0.23%
APP	C	0.23%
HOLX	D	0.22%
ABNB	D	0.22%
IDXX	D	0.22%
OXY	F	0.22%
EIX	B	0.22%
BBY	A	0.21%
DASH	B	0.21%
CAH	C	0.21%
IT	C	0.19%
PSX	F	0.19%
ELV	D	0.17%
WSM	C	0.16%
PAYX	C	0.15%
DFS	C	0.15%
THC	C	0.15%
HOOD	C	0.15%
CE	D	0.13%
LYB	D	0.13%
UTHR	B	0.13%
ABT	C	0.13%
MANH	B	0.12%
EME	B	0.11%
AOS	B	0.1%
LEN	B	0.1%
CRBG	C	0.08%
GEHC	B	0.08%
FLEX	B	0.07%
TGT	C	0.07%
SMCI	F	0.06%
SYK	C	0.05%
ZM	C	0.05%
DHR	B	0.05%
ADP	C	0.05%
EXPE	C	0.04%
EVRG	B	0.03%
JLL	B	0.03%
ROP	C	0.03%
EMR	D	0.02%
MAA	C	0.02%
TXT	D	0.02%
MEDP	F	0.02%
ADM	D	0.02%
LAMR	B	0.02%

QLC Underweight 142 Positions Relative to TECB

Symbol	Grade	Weight
AMD	C	-3.78%
PANW	D	-3.1%
NOW	C	-2.82%
V	C	-2.76%
TXN	B	-2.67%
MA	B	-2.63%
ISRG	C	-2.41%
CRWD	D	-1.82%
INTC	D	-1.43%
EQIX	B	-1.3%
ADSK	B	-0.83%
DLR	B	-0.82%
FI	B	-0.67%
BAH	B	-0.58%
AME	C	-0.56%
HPQ	C	-0.56%
PYPL	B	-0.54%
SNOW	F	-0.54%
IRM	C	-0.53%
CPNG	B	-0.45%
ZS	F	-0.44%
AKAM	D	-0.43%
MSTR	C	-0.41%
HUBS	D	-0.41%
ANSS	D	-0.4%
MRNA	F	-0.4%
TEAM	D	-0.4%
JNPR	A	-0.36%
WDC	C	-0.35%
OKTA	F	-0.34%
GDDY	C	-0.31%
CACI	B	-0.31%
MDB	D	-0.3%
INCY	C	-0.27%
PINS	D	-0.27%
SQ	D	-0.24%
PSTG	F	-0.24%
NTNX	D	-0.23%
COIN	F	-0.22%
SRPT	F	-0.21%
SAIC	C	-0.2%
S	D	-0.18%
VRNS	B	-0.17%
GPN	D	-0.16%
BR	C	-0.16%
TWLO	C	-0.16%
SNAP	D	-0.15%
CPAY	B	-0.14%
EXEL	C	-0.14%
QLYS	D	-0.13%
TENB	F	-0.13%
RVMD	C	-0.11%
LUMN	C	-0.1%
CGNX	F	-0.1%
ETSY	D	-0.1%
BPMC	F	-0.1%
CVLT	B	-0.1%
SSNC	C	-0.1%
LSCC	D	-0.1%
PARA	D	-0.09%
TW	B	-0.09%
BSY	C	-0.09%
DBX	C	-0.09%
GWRE	B	-0.09%
GTLB	D	-0.09%
JKHY	B	-0.08%
AFRM	D	-0.07%
TOST	C	-0.07%
YOU	B	-0.07%
CFLT	F	-0.07%
ALRM	F	-0.07%
ALTR	C	-0.07%
MKTX	D	-0.06%
ACLX	C	-0.06%
RPD	D	-0.06%
CALX	C	-0.06%
PEGA	B	-0.05%
TWST	D	-0.05%
SOFI	D	-0.05%
SLAB	D	-0.05%
INFA	D	-0.05%
WEX	C	-0.05%
BILL	D	-0.04%
OMF	D	-0.04%
BEAM	F	-0.04%
NTLA	F	-0.04%
DOCN	C	-0.04%
IOVA	F	-0.04%
SWTX	F	-0.04%
AI	F	-0.04%
GERN	D	-0.04%
PRGS	A	-0.04%
TDC	D	-0.04%
DVAX	D	-0.03%
EEFT	F	-0.03%
CCCS	D	-0.03%
BCRX	D	-0.03%
FRSH	F	-0.03%
QTWO	C	-0.03%
ATEN	C	-0.03%
NVAX	D	-0.03%
LGND	D	-0.03%
ACIW	B	-0.03%
FOUR	C	-0.03%
FSLY	D	-0.02%
NCNO	F	-0.02%
VIRT	C	-0.02%
BL	D	-0.02%
MTTR	C	-0.02%
AVPT	C	-0.02%
ZUO	F	-0.02%
CWAN	C	-0.02%
UPST	C	-0.02%
INTA	C	-0.02%
SIRI	C	-0.02%
APPN	C	-0.02%
XNCR	D	-0.02%
PTON	C	-0.02%
WK	D	-0.02%
DDD	D	-0.01%
BMBL	F	-0.01%
AVDX	F	-0.01%
BASE	F	-0.01%
PRLB	F	-0.01%
ARCT	D	-0.01%
ALKT	D	-0.01%
PAYO	B	-0.01%
PAR	D	-0.01%
DFIN	D	-0.01%
SYM	D	-0.01%
MQ	F	-0.01%
VMEO	C	-0.01%
VIR	F	-0.01%
VERX	D	-0.01%
ENVA	C	-0.01%
FLYW	F	-0.01%
RCUS	D	-0.01%
CXM	F	-0.01%
LPRO	C	-0.0%
WRLD	D	-0.0%
RPAY	F	-0.0%
DNA	F	-0.0%