QLV vs. FLQM ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM)

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

$67.10

Average Daily Volume

10,246

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

FLQM

Franklin LibertyQ U.S. Mid Cap Equity ETF

FLQM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Mid Cap Equity Index (the U.S. Mid Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Mid Cap underlying index. The U.S. Mid Cap underlying index is based on the Russell Midcap® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$57.89

Average Daily Volume

152,590

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

Performance

Period	QLV	FLQM
30 Days	-0.74%	3.80%
60 Days	0.99%	4.58%
90 Days	2.61%	4.77%
12 Months	24.52%	30.18%

22 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in FLQM	Overlap
ALL	A	0.62%	1.09%	0.62%
AVY	F	0.64%	0.62%	0.62%
BAH	F	0.5%	0.85%	0.5%
CHE	D	0.74%	0.28%	0.28%
CHRW	B	0.49%	0.47%	0.47%
CINF	A	0.59%	0.9%	0.59%
COR	B	0.2%	0.75%	0.2%
CRUS	D	0.26%	0.17%	0.17%
DDS	B	0.3%	0.03%	0.03%
DOX	D	0.76%	0.35%	0.35%
DTM	A	0.65%	0.18%	0.18%
EA	A	0.23%	1.13%	0.23%
EXPD	C	0.03%	0.67%	0.03%
FLO	D	0.47%	0.18%	0.18%
HSY	F	0.46%	0.52%	0.46%
K	A	0.77%	0.37%	0.37%
LSTR	D	0.74%	0.23%	0.23%
NBIX	C	0.43%	0.52%	0.43%
NFG	A	0.37%	0.2%	0.2%
SON	F	0.49%	0.18%	0.18%
TSCO	D	0.5%	0.89%	0.5%
VRSK	A	0.39%	0.69%	0.39%

QLV Overweight 92 Positions Relative to FLQM

Symbol	Grade	Weight
MSFT	D	7.86%
NVDA	B	5.54%
AAPL	C	5.13%
PG	C	3.17%
AMZN	C	2.5%
LLY	F	2.4%
MRK	D	2.29%
V	A	2.25%
MCD	D	1.97%
IBM	C	1.77%
JNJ	C	1.68%
VZ	C	1.58%
PEP	F	1.52%
T	A	1.46%
META	D	1.27%
XOM	B	1.15%
TMUS	B	1.14%
GILD	C	1.11%
LMT	D	1.07%
ABBV	F	0.97%
ABT	B	0.92%
ADP	A	0.92%
CME	B	0.91%
QLYS	B	0.89%
ATR	B	0.89%
WTW	B	0.87%
DUK	C	0.87%
GOOGL	C	0.87%
TXN	C	0.86%
PSA	C	0.84%
AIZ	A	0.84%
WEC	A	0.83%
WDFC	B	0.81%
TYL	B	0.81%
ED	C	0.77%
RGLD	C	0.77%
AMGN	F	0.73%
CB	C	0.72%
CHKP	C	0.72%
GIS	D	0.72%
ZM	C	0.7%
WM	B	0.68%
SO	C	0.68%
QGEN	D	0.67%
TRV	B	0.66%
DLR	B	0.65%
GOOG	C	0.62%
CALM	A	0.62%
EQIX	A	0.62%
XEL	A	0.62%
GD	D	0.61%
PKG	A	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%
CMS	C	0.53%
JKHY	D	0.53%
SCI	B	0.53%
CTRA	B	0.53%
WRB	A	0.53%
ADC	A	0.52%
AEP	C	0.52%
PNW	A	0.52%
REGN	F	0.47%
TTEK	F	0.46%
HRL	D	0.4%
AVGO	D	0.4%
BMRN	F	0.37%
HII	F	0.36%
MCK	A	0.35%
SLGN	A	0.33%
BMI	B	0.28%
PM	B	0.21%
JPM	A	0.21%
LIN	C	0.19%
ALKS	C	0.19%
ADI	D	0.15%
ROP	B	0.14%
NCNO	C	0.13%
CAG	F	0.13%
L	A	0.11%
CWAN	B	0.09%
UNH	B	0.07%
MMC	B	0.05%

QLV Underweight 178 Positions Relative to FLQM

Symbol	Grade	Weight
FICO	B	-1.62%
GRMN	B	-1.17%
GWW	B	-1.16%
FAST	B	-1.14%
IT	C	-1.14%
ODFL	C	-1.12%
SYF	B	-1.11%
DAL	B	-1.1%
AVB	B	-1.09%
MSCI	C	-1.09%
PAYX	B	-1.08%
RMD	C	-1.06%
HIG	B	-1.05%
TPL	A	-1.04%
KR	B	-1.02%
DHI	F	-1.0%
DOV	A	-1.0%
PHM	D	-0.99%
LNG	A	-0.96%
HPQ	B	-0.94%
WAT	C	-0.94%
HPE	B	-0.93%
OTIS	C	-0.93%
NTAP	C	-0.91%
EBAY	D	-0.91%
DECK	A	-0.89%
CHD	A	-0.89%
GDDY	A	-0.89%
YUM	D	-0.89%
SYY	D	-0.86%
AWK	C	-0.86%
BLDR	D	-0.85%
BBY	D	-0.85%
LII	A	-0.84%
FANG	C	-0.84%
CMI	A	-0.84%
RF	A	-0.83%
WSM	C	-0.82%
NVR	D	-0.79%
MTD	F	-0.77%
CLX	A	-0.77%
OMC	C	-0.77%
IDXX	F	-0.77%
STLD	B	-0.76%
SNA	A	-0.76%
MANH	D	-0.76%
TROW	B	-0.74%
CDW	F	-0.73%
LYB	F	-0.72%
DVN	F	-0.72%
ULTA	F	-0.7%
RS	B	-0.7%
WSO	A	-0.67%
VRSN	C	-0.67%
GPC	D	-0.65%
UTHR	C	-0.62%
RPM	A	-0.61%
CF	A	-0.61%
ACGL	C	-0.61%
INCY	C	-0.61%
TPR	B	-0.6%
MAS	D	-0.59%
THC	D	-0.59%
EG	C	-0.58%
VTRS	A	-0.57%
GEN	B	-0.57%
ROL	B	-0.55%
TER	F	-0.54%
UAL	A	-0.54%
GGG	B	-0.53%
CASY	A	-0.52%
TXRH	B	-0.51%
POOL	C	-0.5%
FFIV	B	-0.5%
NDSN	B	-0.49%
EHC	B	-0.49%
VLTO	C	-0.49%
UNM	A	-0.48%
DKS	D	-0.48%
UHS	D	-0.48%
ALSN	B	-0.47%
OVV	B	-0.46%
BJ	A	-0.46%
LECO	C	-0.46%
CW	C	-0.46%
JBL	C	-0.45%
ALLE	C	-0.45%
CPT	B	-0.44%
JNPR	D	-0.42%
ELS	C	-0.42%
GL	C	-0.42%
SAIA	B	-0.42%
RPRX	D	-0.4%
PAYC	B	-0.4%
TOL	B	-0.39%
EXPE	B	-0.38%
TPX	B	-0.38%
SEIC	B	-0.37%
HRB	D	-0.37%
MUSA	B	-0.37%
BXP	C	-0.37%
LDOS	C	-0.37%
DCI	B	-0.36%
LKQ	F	-0.36%
ACI	C	-0.36%
ALLY	C	-0.35%
LW	C	-0.35%
RL	C	-0.34%
KNSL	B	-0.34%
MTG	C	-0.32%
ORI	A	-0.31%
RHI	C	-0.3%
TTC	C	-0.3%
DG	F	-0.3%
SKX	D	-0.3%
WING	D	-0.29%
G	B	-0.29%
APA	D	-0.28%
NNN	C	-0.28%
PB	B	-0.27%
CACI	D	-0.27%
BBWI	C	-0.26%
AMG	B	-0.25%
R	B	-0.25%
VNT	C	-0.24%
EGP	D	-0.24%
WPC	C	-0.23%
DINO	D	-0.23%
VFC	C	-0.23%
AM	A	-0.22%
DVA	C	-0.22%
JHG	B	-0.21%
AN	C	-0.2%
STAG	D	-0.2%
SEE	C	-0.2%
OMF	A	-0.2%
BC	C	-0.2%
CROX	D	-0.19%
LAMR	C	-0.19%
WU	F	-0.19%
FOXA	A	-0.18%
WBA	F	-0.17%
OGN	F	-0.17%
AGO	B	-0.17%
AYI	B	-0.17%
MSM	C	-0.17%
M	F	-0.17%
CHH	A	-0.16%
CHRD	D	-0.16%
DLB	B	-0.16%
SOLV	D	-0.16%
LOPE	C	-0.15%
KRC	B	-0.14%
HIW	C	-0.14%
PII	F	-0.14%
COKE	C	-0.13%
ACHC	F	-0.13%
COLB	B	-0.12%
AVT	C	-0.12%
COLM	C	-0.11%
MAN	F	-0.11%
IVZ	B	-0.11%
PAG	B	-0.11%
AWI	A	-0.11%
NEU	D	-0.11%
JWN	D	-0.1%
CIVI	D	-0.1%
APPF	B	-0.09%
CUZ	B	-0.08%
CRI	F	-0.08%
KSS	F	-0.07%
GAP	C	-0.07%
WEN	D	-0.06%
SNDR	B	-0.06%
CNA	C	-0.04%
SIRI	C	-0.03%
CNXC	F	-0.03%
PLTK	B	-0.02%