QLV vs. DVY ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to iShares Select Dividend ETF (DVY)

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

DVY

iShares Select Dividend ETF

DVY Description

The investment seeks to track the investment results of an index composed of relatively high dividend paying U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Dividend Index (the "underlying index"), which measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.

Grade (RS Rating)

Last Trade

$142.08

Average Daily Volume

343,986

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QLV	DVY
30 Days	0.23%	4.91%
60 Days	1.42%	5.88%
90 Days	3.24%	8.67%
12 Months	25.29%	33.72%

19 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in DVY	Overlap
AEP	D	0.52%	1.21%	0.52%
CAG	D	0.13%	1.18%	0.13%
CINF	A	0.59%	0.94%	0.59%
CMS	C	0.53%	1.04%	0.53%
GILD	C	1.11%	1.27%	1.11%
GIS	D	0.72%	0.88%	0.72%
IBM	C	1.77%	0.95%	0.95%
LMT	D	1.07%	0.89%	0.89%
MCD	D	1.97%	0.55%	0.55%
MRK	F	2.29%	0.44%	0.44%
PKG	A	0.61%	0.96%	0.61%
PM	B	0.21%	2.0%	0.21%
PNW	B	0.52%	1.1%	0.52%
SON	D	0.49%	0.5%	0.49%
T	A	1.46%	2.12%	1.46%
VZ	C	1.58%	1.65%	1.58%
WEC	A	0.83%	1.32%	0.83%
XEL	A	0.62%	1.03%	0.62%
XOM	B	1.15%	1.01%	1.01%

QLV Overweight 95 Positions Relative to DVY

Symbol	Grade	Weight
MSFT	F	7.86%
NVDA	C	5.54%
AAPL	C	5.13%
PG	A	3.17%
AMZN	C	2.5%
LLY	F	2.4%
V	A	2.25%
JNJ	D	1.68%
PEP	F	1.52%
META	D	1.27%
TMUS	B	1.14%
ABBV	D	0.97%
ABT	B	0.92%
ADP	B	0.92%
CME	A	0.91%
QLYS	C	0.89%
ATR	B	0.89%
WTW	B	0.87%
DUK	C	0.87%
GOOGL	C	0.87%
TXN	C	0.86%
PSA	D	0.84%
AIZ	A	0.84%
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%
CHKP	D	0.72%
ZM	B	0.7%
WM	A	0.68%
SO	D	0.68%
QGEN	D	0.67%
TRV	B	0.66%
DTM	B	0.65%
DLR	B	0.65%
AVY	D	0.64%
GOOG	C	0.62%
CALM	A	0.62%
EQIX	A	0.62%
ALL	A	0.62%
GD	F	0.61%
SMMT	D	0.61%
NOC	D	0.6%
BRK.A	B	0.59%
RSG	A	0.58%
WCN	A	0.57%
CTVA	C	0.57%
AZO	C	0.56%
AEE	A	0.56%
SIGI	C	0.55%
STNG	F	0.55%
MKL	A	0.54%
JKHY	D	0.53%
SCI	B	0.53%
CTRA	B	0.53%
WRB	A	0.53%
ADC	B	0.52%
TSCO	D	0.5%
BAH	F	0.5%
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%
AVGO	D	0.4%
VRSK	A	0.39%
BMRN	D	0.37%
NFG	A	0.37%
HII	D	0.36%
MCK	B	0.35%
SLGN	A	0.33%
DDS	B	0.3%
BMI	B	0.28%
CRUS	D	0.26%
EA	A	0.23%
JPM	A	0.21%
COR	B	0.2%
LIN	D	0.19%
ALKS	B	0.19%
ADI	D	0.15%
ROP	B	0.14%
NCNO	B	0.13%
L	A	0.11%
CWAN	B	0.09%
UNH	C	0.07%
MMC	B	0.05%
EXPD	D	0.03%

QLV Underweight 79 Positions Relative to DVY

Symbol	Grade	Weight
MO	A	-3.22%
IP	B	-2.08%
OKE	A	-1.97%
CFG	B	-1.96%
KEY	B	-1.89%
TFC	A	-1.87%
RF	A	-1.79%
D	C	-1.68%
ETR	B	-1.62%
HBAN	A	-1.6%
BBY	D	-1.41%
EIX	B	-1.41%
FITB	A	-1.4%
NI	A	-1.4%
PRU	A	-1.39%
USB	A	-1.39%
PEG	A	-1.38%
PFE	D	-1.35%
NRG	B	-1.28%
ES	D	-1.24%
LNT	A	-1.23%
NEE	D	-1.21%
FE	C	-1.2%
PPL	B	-1.2%
HPQ	B	-1.19%
TROW	B	-1.17%
FHN	A	-1.17%
KMB	D	-1.11%
FNF	B	-1.09%
EXC	C	-1.09%
UNM	A	-1.08%
CVX	A	-1.08%
SRE	A	-1.07%
F	C	-1.06%
LYB	F	-1.04%
DTE	C	-1.02%
ORI	A	-1.0%
CMA	A	-0.99%
NEM	D	-0.99%
PFG	D	-0.9%
OGE	B	-0.89%
GRMN	B	-0.88%
MET	A	-0.88%
OMC	C	-0.85%
IPG	D	-0.84%
IVZ	B	-0.83%
WSO	A	-0.82%
STX	D	-0.82%
KO	D	-0.81%
HRB	D	-0.8%
CNP	B	-0.78%
SW	A	-0.77%
VLO	C	-0.75%
FMC	D	-0.72%
OMF	A	-0.69%
BEN	C	-0.64%
WHR	B	-0.64%
FNB	A	-0.63%
LAZ	B	-0.63%
UBSI	B	-0.62%
IDA	A	-0.62%
JHG	A	-0.61%
GPC	D	-0.55%
UGI	A	-0.52%
NJR	A	-0.5%
VLY	B	-0.48%
BKH	A	-0.45%
WBA	F	-0.44%
SWX	B	-0.43%
MSM	C	-0.4%
WU	D	-0.4%
NWL	B	-0.37%
FHI	A	-0.37%
NWE	B	-0.36%
HUN	F	-0.32%
WEN	D	-0.31%
AVA	A	-0.3%
CC	C	-0.29%
KSS	F	-0.2%