QLV vs. ONEY ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to SPDR Russell 1000 Yield Focus ETF (ONEY)

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

$66.27

Average Daily Volume

3,466

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

ONEY

SPDR Russell 1000 Yield Focus ETF

ONEY Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Yield Focused Factor Index. Under normal market conditions, 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 reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising high yield characteristics (the "Factor Characteristics"). It is non-diversified.

Grade (RS Rating)

Last Trade

$111.99

Average Daily Volume

14,900

Number of Holdings ^*

282

* may have additional holdings in another (foreign) market

Performance

Period	QLV	ONEY
30 Days	2.00%	1.95%
60 Days	5.11%	3.77%
90 Days	6.73%	8.84%
12 Months	30.24%	26.27%

27 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in ONEY	Overlap
ADC	C	0.51%	0.1%	0.1%
AEE	B	0.53%	0.46%	0.46%
AEP	C	0.56%	0.42%	0.42%
CAG	B	0.15%	0.53%	0.15%
CHRW	B	0.46%	0.23%	0.23%
CINF	C	0.54%	0.78%	0.54%
CMS	B	0.54%	0.34%	0.34%
CTRA	F	0.5%	0.65%	0.5%
DOX	C	0.77%	0.37%	0.37%
DTM	C	0.5%	0.28%	0.28%
ED	B	0.83%	0.44%	0.44%
FLO	C	0.51%	0.17%	0.17%
GILD	B	1.02%	1.37%	1.02%
GIS	B	0.84%	0.67%	0.67%
HII	F	0.5%	0.4%	0.4%
HRL	F	0.42%	0.23%	0.23%
HSY	D	0.51%	0.34%	0.34%
K	A	0.77%	0.7%	0.7%
NFG	B	0.37%	0.21%	0.21%
PKG	B	0.56%	0.56%	0.56%
PNW	C	0.51%	0.38%	0.38%
PSA	C	0.91%	0.91%	0.91%
SCI	C	0.5%	0.17%	0.17%
SLGN	B	0.32%	0.08%	0.08%
SON	D	0.53%	0.2%	0.2%
WEC	B	0.81%	0.52%	0.52%
XEL	B	0.58%	0.68%	0.58%

QLV Overweight 87 Positions Relative to ONEY

Symbol	Grade	Weight
MSFT	C	8.11%
AAPL	C	5.17%
NVDA	C	4.47%
PG	C	3.26%
LLY	D	2.81%
MRK	F	2.74%
AMZN	C	2.25%
V	C	2.1%
MCD	B	1.95%
JNJ	C	1.84%
IBM	B	1.82%
VZ	A	1.7%
PEP	D	1.62%
T	B	1.41%
META	B	1.24%
LMT	A	1.12%
ABBV	B	1.11%
XOM	D	1.11%
TMUS	B	0.96%
DUK	B	0.91%
ABT	C	0.91%
CME	B	0.88%
TXN	B	0.87%
ADP	C	0.85%
AMGN	D	0.83%
GOOGL	D	0.81%
WTW	B	0.8%
ATR	B	0.8%
CHE	C	0.78%
RGLD	C	0.78%
CHKP	B	0.78%
TYL	C	0.77%
AIZ	B	0.76%
WDFC	C	0.75%
QLYS	D	0.74%
SMMT	D	0.73%
LSTR	D	0.73%
CB	B	0.73%
QGEN	C	0.72%
STNG	D	0.71%
SO	B	0.7%
AVY	C	0.69%
REGN	D	0.69%
GD	C	0.64%
WM	D	0.63%
NOC	B	0.63%
TRV	C	0.62%
EQIX	B	0.61%
ALL	C	0.61%
CTVA	B	0.59%
BRK.A	C	0.58%
DLR	B	0.58%
GOOG	D	0.57%
ZM	C	0.57%
RSG	D	0.56%
WCN	D	0.56%
AZO	B	0.55%
JKHY	B	0.54%
TTEK	C	0.53%
WRB	D	0.52%
CALM	B	0.51%
BAH	B	0.51%
SIGI	D	0.51%
MKL	C	0.5%
TSCO	B	0.49%
NBIX	F	0.42%
BMRN	F	0.4%
AVGO	C	0.39%
VRSK	D	0.37%
CRUS	D	0.32%
MCK	F	0.29%
BMI	B	0.28%
DDS	D	0.26%
SQSP	B	0.24%
EA	D	0.2%
PM	C	0.2%
JPM	D	0.19%
ALKS	D	0.19%
LIN	B	0.19%
ADI	C	0.17%
ROP	C	0.14%
NCNO	F	0.1%
L	D	0.1%
CWAN	C	0.08%
UNH	C	0.07%
MMC	C	0.05%
EXPD	B	0.03%

QLV Underweight 255 Positions Relative to ONEY

Symbol	Grade	Weight
BMY	C	-2.23%
MO	C	-1.4%
FANG	F	-1.21%
F	F	-1.21%
ADM	D	-1.15%
PCAR	D	-1.1%
SYY	C	-1.09%
EOG	D	-1.05%
TGT	C	-1.04%
CTSH	B	-1.03%
VICI	C	-1.02%
CAH	C	-1.01%
CMI	B	-1.01%
DVN	F	-0.96%
TROW	C	-0.91%
HPE	C	-0.91%
LYB	D	-0.88%
KVUE	B	-0.88%
BBY	A	-0.79%
SPG	B	-0.79%
DRI	C	-0.77%
BKR	C	-0.76%
SYF	C	-0.76%
OMC	B	-0.75%
KMB	C	-0.73%
GPC	D	-0.72%
ETR	A	-0.71%
CVS	D	-0.7%
HPQ	C	-0.69%
KR	B	-0.68%
DOW	C	-0.66%
LUV	C	-0.65%
IP	C	-0.65%
EBAY	B	-0.63%
PAYX	C	-0.62%
EG	B	-0.61%
CLX	C	-0.6%
SWKS	F	-0.6%
AMCR	B	-0.6%
ATO	B	-0.59%
CF	B	-0.58%
EXC	B	-0.57%
D	C	-0.56%
VLO	F	-0.56%
SNA	B	-0.55%
TSN	D	-0.54%
VTRS	D	-0.53%
SWK	B	-0.52%
EVRG	B	-0.51%
GLPI	C	-0.5%
NTAP	D	-0.49%
HST	D	-0.48%
JNPR	A	-0.47%
EMN	B	-0.47%
PEG	B	-0.46%
DKS	D	-0.46%
SJM	C	-0.46%
WPC	C	-0.45%
CUBE	C	-0.45%
KHC	C	-0.44%
MRO	D	-0.44%
ROK	D	-0.44%
IPG	C	-0.44%
MAA	C	-0.43%
LAMR	B	-0.43%
SRE	B	-0.43%
EIX	B	-0.43%
RF	B	-0.42%
LKQ	F	-0.41%
RPRX	C	-0.41%
HAL	F	-0.39%
CE	D	-0.39%
CHK	C	-0.38%
BG	F	-0.38%
PPG	C	-0.38%
TPR	A	-0.37%
MAS	B	-0.37%
CNH	C	-0.36%
CNP	C	-0.36%
STLD	C	-0.36%
TAP	D	-0.36%
MTB	C	-0.36%
CPB	C	-0.36%
RS	D	-0.35%
NI	B	-0.35%
FE	B	-0.35%
WSO	C	-0.34%
KIM	C	-0.34%
EQR	C	-0.34%
APA	F	-0.34%
DGX	B	-0.33%
HRB	C	-0.33%
INGR	B	-0.33%
PPL	A	-0.32%
CHRD	F	-0.32%
CFG	D	-0.32%
BAX	C	-0.32%
WY	C	-0.32%
MOS	F	-0.32%
AVB	C	-0.32%
NNN	B	-0.32%
DTE	A	-0.3%
CPT	C	-0.3%
OGE	B	-0.3%
HBAN	B	-0.3%
WSM	C	-0.3%
DINO	F	-0.29%
AOS	B	-0.29%
XP	D	-0.29%
ACI	F	-0.29%
UDR	C	-0.29%
BWA	C	-0.29%
KEY	C	-0.28%
UNM	B	-0.28%
MTN	D	-0.27%
RL	B	-0.27%
CMA	C	-0.27%
OC	C	-0.27%
ARMK	B	-0.27%
FNF	B	-0.26%
MTG	B	-0.26%
ORI	B	-0.26%
DG	F	-0.26%
LNT	A	-0.26%
ES	B	-0.25%
RHI	D	-0.25%
BRX	C	-0.25%
G	C	-0.25%
AFG	C	-0.24%
R	C	-0.24%
ELS	D	-0.24%
WBA	F	-0.24%
AES	C	-0.24%
VFC	B	-0.24%
FOXA	B	-0.24%
OSK	F	-0.23%
MKC	C	-0.23%
EWBC	C	-0.23%
LEA	D	-0.23%
BERY	B	-0.22%
BEN	F	-0.22%
LECO	D	-0.21%
BC	C	-0.21%
OMF	D	-0.21%
ALLE	B	-0.21%
ALSN	B	-0.21%
WH	B	-0.2%
NXST	D	-0.2%
FHN	D	-0.2%
COLB	B	-0.2%
MDU	B	-0.2%
WHR	C	-0.2%
CIVI	F	-0.2%
JHG	B	-0.19%
AM	B	-0.19%
REG	C	-0.19%
ESS	C	-0.19%
OHI	C	-0.19%
WBS	C	-0.19%
UGI	B	-0.19%
THO	C	-0.19%
OGN	D	-0.19%
WTRG	D	-0.18%
EVR	B	-0.18%
HOG	C	-0.18%
FR	C	-0.18%
TXRH	B	-0.17%
GNTX	D	-0.17%
HLI	C	-0.17%
PII	D	-0.17%
SNV	D	-0.17%
HAS	B	-0.17%
POOL	C	-0.17%
DCI	C	-0.17%
OZK	F	-0.17%
MKTX	D	-0.17%
M	F	-0.16%
AGO	D	-0.16%
RYN	C	-0.16%
FLS	C	-0.15%
MSM	D	-0.15%
ZION	D	-0.15%
WU	C	-0.15%
AGCO	D	-0.15%
TTC	F	-0.15%
ALB	D	-0.15%
NRG	B	-0.15%
GAP	F	-0.15%
BXP	C	-0.14%
FMC	B	-0.14%
DOC	B	-0.14%
HUN	C	-0.14%
ALLY	F	-0.14%
NEU	D	-0.14%
BYD	C	-0.14%
FAF	B	-0.14%
GPK	C	-0.14%
PRGO	F	-0.14%
EGP	C	-0.14%
IDA	B	-0.14%
FOX	B	-0.14%
KRC	C	-0.14%
WYNN	C	-0.13%
BBWI	D	-0.13%
HIW	C	-0.13%
NSA	C	-0.13%
SEIC	B	-0.13%
AL	C	-0.13%
MAN	C	-0.13%
FRT	C	-0.13%
EPR	C	-0.13%
SMG	B	-0.12%
CFR	C	-0.12%
STAG	D	-0.12%
CC	D	-0.11%
XRAY	D	-0.11%
AXS	B	-0.11%
PB	D	-0.11%
TNL	C	-0.11%
WEN	C	-0.11%
NWL	C	-0.11%
VAC	D	-0.1%
VIRT	C	-0.1%
KNX	C	-0.1%
PAG	D	-0.1%
COLM	C	-0.1%
FNB	D	-0.1%
OLN	D	-0.1%
STWD	B	-0.1%
TKR	C	-0.1%
DLB	D	-0.1%
CWEN	A	-0.09%
PINC	D	-0.09%
CRI	D	-0.09%
BPOP	C	-0.09%
KSS	D	-0.08%
IRDM	C	-0.08%
TPG	C	-0.08%
PK	D	-0.08%
FHB	D	-0.08%
JWN	C	-0.08%
AGR	C	-0.07%
AAP	F	-0.07%
LEG	D	-0.07%
AMKR	F	-0.07%
SEE	C	-0.07%
SPB	B	-0.06%
REYN	C	-0.06%
SLM	C	-0.06%
SNDR	B	-0.05%
ADTN	C	-0.05%
CUZ	C	-0.05%
CNA	D	-0.03%
CWEN	A	-0.03%
UWMC	D	-0.02%