QLV vs. BTHM ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to BlackRock Future U.S. Themes ETF (BTHM)

QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$67.22

Average Daily Volume

10,357

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

BTHM

BlackRock Future U.S. Themes ETF

BTHM Description

BlackRock Future U.S. Themes ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth stocks of companies across diversified market capitalization. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index. The fund employs proprietary research to create its portfolio. BlackRock Future U.S. Themes ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.12

Average Daily Volume

1,481

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

Performance

Period	QLV	BTHM
30 Days	0.23%	7.97%
60 Days	1.42%	9.77%
90 Days	3.24%	4.47%
12 Months	25.29%	40.34%

29 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in BTHM	Overlap
AAPL	C	5.13%	4.98%	4.98%
ADI	D	0.15%	0.51%	0.15%
ADP	B	0.92%	0.27%	0.27%
AMZN	C	2.5%	3.58%	2.5%
ATR	B	0.89%	0.37%	0.37%
AVGO	D	0.4%	1.67%	0.4%
AZO	C	0.56%	0.15%	0.15%
BAH	F	0.5%	0.48%	0.48%
BMI	B	0.28%	0.49%	0.28%
BRK.A	B	0.59%	2.32%	0.59%
CHKP	D	0.72%	1.54%	0.72%
CRUS	D	0.26%	0.21%	0.21%
DDS	B	0.3%	0.41%	0.3%
DTM	B	0.65%	0.6%	0.6%
GOOG	C	0.62%	1.12%	0.62%
GOOGL	C	0.87%	1.14%	0.87%
LIN	D	0.19%	0.67%	0.19%
MCK	B	0.35%	0.24%	0.24%
META	D	1.27%	2.19%	1.27%
MMC	B	0.05%	0.37%	0.05%
MSFT	F	7.86%	6.58%	6.58%
NOC	D	0.6%	0.23%	0.23%
NVDA	C	5.54%	8.88%	5.54%
PG	A	3.17%	2.2%	2.2%
RSG	A	0.58%	0.57%	0.57%
TXN	C	0.86%	0.99%	0.86%
VRSK	A	0.39%	0.18%	0.18%
WCN	A	0.57%	0.63%	0.57%
WM	A	0.68%	0.08%	0.08%

QLV Overweight 85 Positions Relative to BTHM

Symbol	Grade	Weight
LLY	F	2.4%
MRK	F	2.29%
V	A	2.25%
MCD	D	1.97%
IBM	C	1.77%
JNJ	D	1.68%
VZ	C	1.58%
PEP	F	1.52%
T	A	1.46%
XOM	B	1.15%
TMUS	B	1.14%
GILD	C	1.11%
LMT	D	1.07%
ABBV	D	0.97%
ABT	B	0.92%
CME	A	0.91%
QLYS	C	0.89%
WTW	B	0.87%
DUK	C	0.87%
PSA	D	0.84%
AIZ	A	0.84%
WEC	A	0.83%
WDFC	B	0.81%
TYL	B	0.81%
ED	D	0.77%
K	A	0.77%
RGLD	C	0.77%
DOX	D	0.76%
LSTR	D	0.74%
CHE	D	0.74%
AMGN	D	0.73%
CB	C	0.72%
GIS	D	0.72%
ZM	B	0.7%
SO	D	0.68%
QGEN	D	0.67%
TRV	B	0.66%
DLR	B	0.65%
AVY	D	0.64%
CALM	A	0.62%
EQIX	A	0.62%
ALL	A	0.62%
XEL	A	0.62%
GD	F	0.61%
PKG	A	0.61%
SMMT	D	0.61%
CINF	A	0.59%
CTVA	C	0.57%
AEE	A	0.56%
SIGI	C	0.55%
STNG	F	0.55%
MKL	A	0.54%
CMS	C	0.53%
JKHY	D	0.53%
SCI	B	0.53%
CTRA	B	0.53%
WRB	A	0.53%
ADC	B	0.52%
AEP	D	0.52%
PNW	B	0.52%
TSCO	D	0.5%
SON	D	0.49%
CHRW	C	0.49%
FLO	D	0.47%
REGN	F	0.47%
HSY	F	0.46%
TTEK	F	0.46%
NBIX	C	0.43%
HRL	D	0.4%
BMRN	D	0.37%
NFG	A	0.37%
HII	D	0.36%
SLGN	A	0.33%
EA	A	0.23%
PM	B	0.21%
JPM	A	0.21%
COR	B	0.2%
ALKS	B	0.19%
ROP	B	0.14%
NCNO	B	0.13%
CAG	D	0.13%
L	A	0.11%
CWAN	B	0.09%
UNH	C	0.07%
EXPD	D	0.03%

QLV Underweight 120 Positions Relative to BTHM

Symbol	Grade	Weight
TJX	A	-3.01%
COST	B	-2.72%
ROST	C	-2.57%
GE	D	-2.41%
PPC	C	-2.22%
APH	A	-2.14%
BSX	B	-1.93%
WMT	A	-1.84%
LOW	D	-1.56%
CL	D	-1.51%
CDNS	B	-1.4%
TT	A	-1.18%
PSTG	D	-1.14%
EME	C	-1.06%
SSNC	B	-0.78%
TRGP	B	-0.77%
MLI	C	-0.69%
CVLT	B	-0.69%
SNPS	B	-0.68%
CSCO	B	-0.67%
ORCL	B	-0.63%
GDDY	A	-0.62%
ACN	C	-0.61%
DECK	A	-0.6%
FI	A	-0.6%
CAT	B	-0.59%
IR	B	-0.58%
VMC	B	-0.57%
MTZ	B	-0.57%
LII	A	-0.57%
DY	D	-0.51%
MSI	B	-0.51%
SYK	C	-0.51%
GGG	B	-0.49%
PTC	A	-0.46%
CPRT	A	-0.45%
FIX	A	-0.44%
CLH	B	-0.43%
LECO	B	-0.43%
ITT	A	-0.43%
QCOM	F	-0.43%
NFLX	A	-0.41%
JBL	B	-0.37%
ANF	C	-0.37%
DKS	C	-0.37%
SFM	A	-0.36%
BOX	B	-0.35%
GWW	B	-0.34%
AMAT	F	-0.34%
PWR	A	-0.33%
LRCX	F	-0.32%
HLT	A	-0.32%
LNW	D	-0.31%
FFIV	B	-0.3%
TMHC	B	-0.29%
NTAP	C	-0.28%
GRMN	B	-0.27%
SNX	C	-0.27%
HWM	A	-0.27%
PHM	D	-0.27%
FLR	B	-0.26%
SPOT	B	-0.25%
MAR	B	-0.24%
HUBB	B	-0.24%
KR	B	-0.24%
AXS	A	-0.24%
FAST	B	-0.23%
MLM	B	-0.23%
AMD	F	-0.22%
AXON	A	-0.22%
HESM	B	-0.21%
AFL	B	-0.21%
UFPI	B	-0.2%
CRS	A	-0.2%
SM	B	-0.19%
OC	A	-0.18%
ORLY	B	-0.18%
MUSA	A	-0.17%
EHC	B	-0.17%
ACM	A	-0.16%
WSM	B	-0.16%
CACI	D	-0.16%
VLTO	D	-0.14%
SEIC	B	-0.13%
LKQ	D	-0.13%
BKR	B	-0.13%
NRG	B	-0.12%
AMG	B	-0.12%
ESNT	D	-0.12%
VOYA	B	-0.12%
TENB	C	-0.12%
ECL	D	-0.11%
PAG	B	-0.11%
AIT	A	-0.11%
EXP	A	-0.1%
TDW	F	-0.1%
GAP	C	-0.09%
ALSN	B	-0.09%
OTIS	C	-0.08%
CTAS	B	-0.07%
CHD	B	-0.06%
KLAC	D	-0.06%
ZETA	D	-0.05%
FANG	D	-0.05%
JHG	A	-0.04%
GWRE	A	-0.04%
NXPI	D	-0.04%
SKX	D	-0.04%
BRO	B	-0.04%
AWI	A	-0.04%
SSD	D	-0.03%
GPC	D	-0.03%
LPX	B	-0.03%
OLED	D	-0.03%
RS	B	-0.02%
ADBE	C	-0.02%
CAH	B	-0.02%
MTSI	B	-0.02%
KLG	C	-0.01%
CDW	F	-0.01%