QLV vs. LGLV ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV)

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

LGLV

SPDR SSGA US Large Cap Low Volatility Index ETF

LGLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA US Large Cap Low Volatility Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the stocks of U.S. large capitalization companies that exhibit low volatility. Volatility is a statistical measurement of the magnitude of movements in a stock's price over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$175.44

Average Daily Volume

18,622

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

Performance

Period	QLV	LGLV
30 Days	0.23%	2.50%
60 Days	1.42%	3.84%
90 Days	3.24%	6.74%
12 Months	25.29%	27.62%

67 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in LGLV	Overlap
ABT	B	0.92%	0.63%	0.63%
ADC	B	0.52%	0.27%	0.27%
ADP	B	0.92%	0.75%	0.75%
AEE	A	0.56%	0.85%	0.56%
AIZ	A	0.84%	0.4%	0.4%
ALL	A	0.62%	0.8%	0.62%
ATR	B	0.89%	0.41%	0.41%
AVY	D	0.64%	0.57%	0.57%
AZO	C	0.56%	0.49%	0.49%
BAH	F	0.5%	0.71%	0.5%
BRK.A	B	0.59%	0.95%	0.59%
CB	C	0.72%	0.73%	0.72%
CHE	D	0.74%	0.3%	0.3%
CHKP	D	0.72%	0.61%	0.61%
CHRW	C	0.49%	0.46%	0.46%
CME	A	0.91%	0.81%	0.81%
CMS	C	0.53%	0.71%	0.53%
COR	B	0.2%	0.73%	0.2%
DOX	D	0.76%	0.36%	0.36%
DTM	B	0.65%	0.35%	0.35%
DUK	C	0.87%	1.07%	0.87%
EA	A	0.23%	0.69%	0.23%
ED	D	0.77%	0.91%	0.77%
EQIX	A	0.62%	0.91%	0.62%
GD	F	0.61%	0.71%	0.61%
GIS	D	0.72%	1.07%	0.72%
GOOGL	C	0.87%	0.53%	0.53%
IBM	C	1.77%	0.61%	0.61%
JKHY	D	0.53%	0.45%	0.45%
JNJ	D	1.68%	0.98%	0.98%
K	A	0.77%	0.83%	0.77%
L	A	0.11%	0.55%	0.11%
LIN	D	0.19%	1.14%	0.19%
LMT	D	1.07%	0.77%	0.77%
LSTR	D	0.74%	0.24%	0.24%
MCD	D	1.97%	0.84%	0.84%
MCK	B	0.35%	0.77%	0.35%
MKL	A	0.54%	0.77%	0.54%
MMC	B	0.05%	0.88%	0.05%
MRK	F	2.29%	0.52%	0.52%
MSFT	F	7.86%	0.68%	0.68%
NOC	D	0.6%	0.69%	0.6%
PEP	F	1.52%	1.23%	1.23%
PG	A	3.17%	1.0%	1.0%
PKG	A	0.61%	0.74%	0.61%
PSA	D	0.84%	1.01%	0.84%
ROP	B	0.14%	0.58%	0.14%
RSG	A	0.58%	1.03%	0.58%
SCI	B	0.53%	0.43%	0.43%
SIGI	C	0.55%	0.21%	0.21%
SO	D	0.68%	1.01%	0.68%
SON	D	0.49%	0.18%	0.18%
T	A	1.46%	0.69%	0.69%
TRV	B	0.66%	0.85%	0.66%
TSCO	D	0.5%	0.52%	0.5%
TXN	C	0.86%	0.57%	0.57%
TYL	B	0.81%	0.65%	0.65%
UNH	C	0.07%	0.78%	0.07%
V	A	2.25%	0.64%	0.64%
VRSK	A	0.39%	0.58%	0.39%
VZ	C	1.58%	0.87%	0.87%
WEC	A	0.83%	0.97%	0.83%
WM	A	0.68%	0.87%	0.68%
WRB	A	0.53%	0.64%	0.53%
WTW	B	0.87%	0.71%	0.71%
XEL	A	0.62%	1.2%	0.62%
XOM	B	1.15%	0.32%	0.32%

QLV Overweight 47 Positions Relative to LGLV

Symbol	Grade	Weight
NVDA	C	5.54%
AAPL	C	5.13%
AMZN	C	2.5%
LLY	F	2.4%
META	D	1.27%
TMUS	B	1.14%
GILD	C	1.11%
ABBV	D	0.97%
QLYS	C	0.89%
WDFC	B	0.81%
RGLD	C	0.77%
AMGN	D	0.73%
ZM	B	0.7%
QGEN	D	0.67%
DLR	B	0.65%
GOOG	C	0.62%
CALM	A	0.62%
SMMT	D	0.61%
CINF	A	0.59%
WCN	A	0.57%
CTVA	C	0.57%
STNG	F	0.55%
CTRA	B	0.53%
AEP	D	0.52%
PNW	B	0.52%
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%
BMRN	D	0.37%
NFG	A	0.37%
HII	D	0.36%
SLGN	A	0.33%
DDS	B	0.3%
BMI	B	0.28%
CRUS	D	0.26%
PM	B	0.21%
JPM	A	0.21%
ALKS	B	0.19%
ADI	D	0.15%
NCNO	B	0.13%
CAG	D	0.13%
CWAN	B	0.09%
EXPD	D	0.03%

QLV Underweight 94 Positions Relative to LGLV

Symbol	Grade	Weight
WMT	A	-1.3%
CL	D	-1.23%
APD	A	-1.14%
PEG	A	-1.1%
AVB	B	-1.06%
EQR	B	-1.01%
VMC	B	-1.01%
PGR	A	-0.99%
DTE	C	-0.89%
NDAQ	A	-0.86%
AJG	B	-0.84%
BRO	B	-0.83%
MSI	B	-0.81%
KMI	A	-0.79%
BMY	B	-0.79%
AMT	D	-0.76%
MMM	D	-0.74%
FI	A	-0.73%
GRMN	B	-0.73%
INVH	D	-0.73%
COST	B	-0.72%
BDX	F	-0.72%
AON	A	-0.7%
AFL	B	-0.7%
ICE	C	-0.69%
ORCL	B	-0.69%
FDS	B	-0.68%
PAYX	C	-0.68%
OTIS	C	-0.67%
MAA	B	-0.67%
TJX	A	-0.65%
ETN	A	-0.64%
J	F	-0.63%
IEX	B	-0.62%
HON	B	-0.61%
FOXA	B	-0.61%
MDT	D	-0.6%
FAST	B	-0.59%
NI	A	-0.58%
PCAR	B	-0.57%
AME	A	-0.55%
SUI	D	-0.55%
WMB	A	-0.55%
BR	A	-0.55%
RYAN	B	-0.54%
CASY	A	-0.54%
AMCR	D	-0.53%
CSCO	B	-0.53%
GGG	B	-0.53%
ORLY	B	-0.53%
ITW	B	-0.52%
HD	A	-0.52%
UDR	B	-0.52%
VRSN	F	-0.5%
UNP	C	-0.48%
ELS	C	-0.48%
CNA	B	-0.47%
NDSN	B	-0.47%
ROL	B	-0.47%
HLI	B	-0.46%
CPT	B	-0.45%
CMCSA	B	-0.45%
AMH	D	-0.45%
NVR	D	-0.44%
ACN	C	-0.44%
SBUX	A	-0.44%
LNG	B	-0.42%
YUM	B	-0.41%
FTV	C	-0.4%
CACI	D	-0.39%
LOW	D	-0.39%
GL	B	-0.36%
CSGP	D	-0.36%
AKAM	D	-0.36%
ORI	A	-0.34%
DCI	B	-0.33%
CVX	A	-0.33%
SEIC	B	-0.32%
CBSH	A	-0.32%
GPK	C	-0.31%
TTC	D	-0.3%
EGP	F	-0.29%
DLB	B	-0.25%
GNTX	C	-0.25%
RLI	B	-0.25%
FR	C	-0.25%
CDP	C	-0.24%
MSA	D	-0.23%
SAIC	F	-0.23%
CWST	A	-0.22%
DG	F	-0.2%
MMS	F	-0.18%
NEU	C	-0.14%
SOLV	C	-0.09%