QLV vs. QRMI ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Global X NASDAQ 100 Risk Managed Income ETF (QRMI)

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

QRMI

Global X NASDAQ 100 Risk Managed Income ETF

QRMI Description

Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across non-financial companies sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index, by using full replication technique. Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$17.00

Average Daily Volume

8,933

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	QLV	QRMI
30 Days	0.23%	1.66%
60 Days	1.42%	2.63%
90 Days	3.24%	3.97%
12 Months	25.29%	11.21%

22 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in QRMI	Overlap
AAPL	C	5.13%	8.63%	5.13%
ADI	D	0.15%	0.68%	0.15%
ADP	B	0.92%	0.81%	0.81%
AEP	D	0.52%	0.32%	0.32%
AMGN	D	0.73%	1.05%	0.73%
AMZN	C	2.5%	5.66%	2.5%
AVGO	D	0.4%	5.23%	0.4%
EA	A	0.23%	0.28%	0.23%
GILD	C	1.11%	0.75%	0.75%
GOOG	C	0.62%	2.54%	0.62%
GOOGL	C	0.87%	2.64%	0.87%
LIN	D	0.19%	1.42%	0.19%
META	D	1.27%	5.08%	1.27%
MSFT	F	7.86%	7.96%	7.86%
NVDA	C	5.54%	9.04%	5.54%
PEP	F	1.52%	1.47%	1.47%
REGN	F	0.47%	0.56%	0.47%
ROP	B	0.14%	0.41%	0.14%
TMUS	B	1.14%	1.83%	1.14%
TXN	C	0.86%	1.22%	0.86%
VRSK	A	0.39%	0.27%	0.27%
XEL	A	0.62%	0.24%	0.24%

QLV Overweight 92 Positions Relative to QRMI

Symbol	Grade	Weight
PG	A	3.17%
LLY	F	2.4%
MRK	F	2.29%
V	A	2.25%
MCD	D	1.97%
IBM	C	1.77%
JNJ	D	1.68%
VZ	C	1.58%
T	A	1.46%
XOM	B	1.15%
LMT	D	1.07%
ABBV	D	0.97%
ABT	B	0.92%
CME	A	0.91%
QLYS	C	0.89%
ATR	B	0.89%
WTW	B	0.87%
DUK	C	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%
SO	D	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%
GD	F	0.61%
PKG	A	0.61%
SMMT	D	0.61%
NOC	D	0.6%
BRK.A	B	0.59%
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%
PNW	B	0.52%
TSCO	D	0.5%
BAH	F	0.5%
SON	D	0.49%
CHRW	C	0.49%
FLO	D	0.47%
HSY	F	0.46%
TTEK	F	0.46%
NBIX	C	0.43%
HRL	D	0.4%
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%
PM	B	0.21%
JPM	A	0.21%
COR	B	0.2%
ALKS	B	0.19%
NCNO	B	0.13%
CAG	D	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 QRMI

Symbol	Grade	Weight
TSLA	B	-4.02%
COST	B	-2.69%
NFLX	A	-2.31%
CSCO	B	-1.55%
ADBE	C	-1.53%
AMD	F	-1.46%
INTU	C	-1.28%
ISRG	A	-1.24%
QCOM	F	-1.16%
BKNG	A	-1.12%
CMCSA	B	-1.1%
HON	B	-0.98%
AMAT	F	-0.98%
PANW	C	-0.84%
VRTX	F	-0.83%
SBUX	A	-0.73%
MU	D	-0.72%
INTC	D	-0.69%
MELI	D	-0.63%
LRCX	F	-0.62%
CTAS	B	-0.59%
PYPL	B	-0.58%
KLAC	D	-0.58%
MDLZ	F	-0.57%
CDNS	B	-0.56%
SNPS	B	-0.56%
CRWD	B	-0.54%
MAR	B	-0.53%
MRVL	B	-0.5%
PDD	F	-0.49%
ORLY	B	-0.48%
FTNT	C	-0.48%
CEG	D	-0.47%
CSX	B	-0.46%
ADSK	A	-0.45%
DASH	A	-0.44%
ASML	F	-0.42%
WDAY	B	-0.39%
PCAR	B	-0.39%
NXPI	D	-0.38%
ABNB	C	-0.38%
CHTR	C	-0.38%
TTD	B	-0.37%
MNST	C	-0.36%
CPRT	A	-0.36%
FANG	D	-0.35%
PAYX	C	-0.34%
ODFL	B	-0.32%
FAST	B	-0.31%
ROST	C	-0.3%
KDP	D	-0.29%
TEAM	A	-0.27%
BKR	B	-0.27%
DDOG	A	-0.26%
CTSH	B	-0.26%
GEHC	F	-0.25%
KHC	F	-0.25%
LULU	C	-0.25%
IDXX	F	-0.24%
AZN	D	-0.24%
EXC	C	-0.24%
MCHP	D	-0.23%
CCEP	C	-0.23%
CSGP	D	-0.21%
TTWO	A	-0.21%
ZS	C	-0.21%
ON	D	-0.2%
ANSS	B	-0.2%
DXCM	D	-0.19%
WBD	C	-0.16%
CDW	F	-0.16%
BIIB	F	-0.16%
MDB	C	-0.15%
GFS	C	-0.15%
ILMN	D	-0.15%
MRNA	F	-0.11%
ARM	D	-0.11%
DLTR	F	-0.1%
SMCI	F	-0.08%