QLV vs. EQWL ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to PowerShares Russell Top 200 Equal Weight Portfolio (EQWL)

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

EQWL

PowerShares Russell Top 200 Equal Weight Portfolio

EQWL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell Top 200 Equal Weight Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the component securities that comprise the underlying index. The underlying index is designed to provide equal-weighted exposure to the securities of the largest 200 companies in the U.S. equity market.

Grade (RS Rating)

Last Trade

$106.55

Average Daily Volume

61,555

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	QLV	EQWL
30 Days	0.23%	3.32%
60 Days	1.42%	4.89%
90 Days	3.24%	7.38%
12 Months	25.29%	31.93%

34 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in EQWL	Overlap
AAPL	C	5.13%	0.97%	0.97%
ABBV	D	0.97%	0.83%	0.83%
ABT	B	0.92%	0.94%	0.92%
AMGN	D	0.73%	0.84%	0.73%
AMZN	C	2.5%	1.08%	1.08%
AVGO	D	0.4%	0.97%	0.4%
BRK.A	B	0.59%	0.99%	0.59%
DUK	C	0.87%	0.89%	0.87%
GD	F	0.61%	0.91%	0.61%
GILD	C	1.11%	1.06%	1.06%
GOOG	C	0.62%	0.48%	0.48%
GOOGL	C	0.87%	0.58%	0.58%
IBM	C	1.77%	0.93%	0.93%
JNJ	D	1.68%	0.87%	0.87%
JPM	A	0.21%	1.12%	0.21%
LIN	D	0.19%	0.92%	0.19%
LLY	F	2.4%	0.81%	0.81%
LMT	D	1.07%	0.9%	0.9%
MCD	D	1.97%	0.96%	0.96%
META	D	1.27%	1.04%	1.04%
MRK	F	2.29%	0.8%	0.8%
MSFT	F	7.86%	0.94%	0.94%
NVDA	C	5.54%	1.17%	1.17%
PEP	F	1.52%	0.88%	0.88%
PG	A	3.17%	0.91%	0.91%
PM	B	0.21%	0.97%	0.21%
SO	D	0.68%	0.92%	0.68%
T	A	1.46%	0.97%	0.97%
TMUS	B	1.14%	1.12%	1.12%
TXN	C	0.86%	0.98%	0.86%
UNH	C	0.07%	0.95%	0.07%
V	A	2.25%	1.02%	1.02%
VZ	C	1.58%	0.87%	0.87%
XOM	B	1.15%	1.03%	1.03%

QLV Overweight 80 Positions Relative to EQWL

Symbol	Grade	Weight
ADP	B	0.92%
CME	A	0.91%
QLYS	C	0.89%
ATR	B	0.89%
WTW	B	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%
CB	C	0.72%
CHKP	D	0.72%
GIS	D	0.72%
ZM	B	0.7%
WM	A	0.68%
QGEN	D	0.67%
TRV	B	0.66%
DTM	B	0.65%
DLR	B	0.65%
AVY	D	0.64%
CALM	A	0.62%
EQIX	A	0.62%
ALL	A	0.62%
XEL	A	0.62%
PKG	A	0.61%
SMMT	D	0.61%
NOC	D	0.6%
CINF	A	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%
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%
BAH	F	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%
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%
COR	B	0.2%
ALKS	B	0.19%
ADI	D	0.15%
ROP	B	0.14%
NCNO	B	0.13%
CAG	D	0.13%
L	A	0.11%
CWAN	B	0.09%
MMC	B	0.05%
EXPD	D	0.03%

QLV Underweight 67 Positions Relative to EQWL

Symbol	Grade	Weight
WFC	A	-1.31%
TSLA	B	-1.29%
MS	A	-1.28%
COF	B	-1.25%
CRM	B	-1.24%
SCHW	B	-1.23%
INTC	D	-1.21%
EMR	A	-1.2%
BKNG	A	-1.2%
GM	B	-1.18%
PYPL	B	-1.17%
GS	A	-1.17%
DIS	B	-1.14%
NFLX	A	-1.14%
BAC	A	-1.13%
BMY	B	-1.13%
C	A	-1.12%
BLK	C	-1.12%
CSCO	B	-1.1%
CHTR	C	-1.1%
CVX	A	-1.09%
ORCL	B	-1.09%
USB	A	-1.07%
BK	A	-1.07%
HON	B	-1.07%
AXP	A	-1.06%
CAT	B	-1.06%
CMCSA	B	-1.04%
MET	A	-1.03%
SPG	B	-1.03%
COP	C	-1.03%
HD	A	-1.02%
INTU	C	-1.02%
LOW	D	-1.0%
MA	C	-1.0%
UPS	C	-0.99%
MO	A	-0.99%
WMT	A	-0.99%
F	C	-0.98%
AIG	B	-0.98%
ACN	C	-0.98%
FDX	B	-0.97%
COST	B	-0.96%
TGT	F	-0.96%
RTX	C	-0.95%
GE	D	-0.95%
DE	A	-0.95%
SBUX	A	-0.95%
ADBE	C	-0.94%
MMM	D	-0.94%
QCOM	F	-0.93%
MDT	D	-0.91%
NKE	D	-0.91%
UNP	C	-0.9%
CVS	D	-0.9%
AMD	F	-0.87%
KHC	F	-0.85%
BA	F	-0.84%
PFE	D	-0.84%
DOW	F	-0.84%
NEE	D	-0.84%
MDLZ	F	-0.83%
TMO	F	-0.83%
KO	D	-0.83%
DHR	F	-0.83%
CL	D	-0.82%
AMT	D	-0.77%