QLV vs. SPMV ETF Comparison
Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Invesco S&P 500 Minimum Variance ETF (SPMV)
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
SPMV
Invesco S&P 500 Minimum Variance ETF
SPMV Description
The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.Grade (RS Rating)
Last Trade
$47.62
Average Daily Volume
711
Number of Holdings
*
75
* may have additional holdings in another (foreign) market
Performance
| Period | QLV | SPMV |
|---|---|---|
| 30 Days | 0.23% | 1.14% |
| 60 Days | 1.42% | 2.01% |
| 90 Days | 3.24% | 4.46% |
| 12 Months | 25.29% | 26.03% |
36 Overlapping Holdings
| Symbol | Grade | Weight in QLV | Weight in SPMV | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 5.13% | 2.9% | 2.9% | |
| ABT | B | 0.92% | 2.79% | 0.92% | |
| AEE | A | 0.56% | 0.97% | 0.56% | |
| AEP | D | 0.52% | 0.91% | 0.52% | |
| AMGN | D | 0.73% | 0.32% | 0.32% | |
| AMZN | C | 2.5% | 3.25% | 2.5% | |
| AVGO | D | 0.4% | 2.12% | 0.4% | |
| BRK.A | B | 0.59% | 2.92% | 0.59% | |
| CB | C | 0.72% | 2.58% | 0.72% | |
| DUK | C | 0.87% | 1.3% | 0.87% | |
| GD | F | 0.61% | 0.06% | 0.06% | |
| GILD | C | 1.11% | 0.09% | 0.09% | |
| GIS | D | 0.72% | 1.49% | 0.72% | |
| GOOG | C | 0.62% | 0.58% | 0.58% | |
| HRL | D | 0.4% | 0.38% | 0.38% | |
| HSY | F | 0.46% | 1.05% | 0.46% | |
| IBM | C | 1.77% | 0.53% | 0.53% | |
| JNJ | D | 1.68% | 1.18% | 1.18% | |
| JPM | A | 0.21% | 0.61% | 0.21% | |
| LLY | F | 2.4% | 0.67% | 0.67% | |
| META | D | 1.27% | 0.33% | 0.33% | |
| MMC | B | 0.05% | 2.74% | 0.05% | |
| MRK | F | 2.29% | 2.43% | 2.29% | |
| MSFT | F | 7.86% | 2.85% | 2.85% | |
| NVDA | C | 5.54% | 3.54% | 3.54% | |
| PG | A | 3.17% | 2.72% | 2.72% | |
| REGN | F | 0.47% | 1.13% | 0.47% | |
| RSG | A | 0.58% | 0.54% | 0.54% | |
| SO | D | 0.68% | 0.47% | 0.47% | |
| T | A | 1.46% | 0.28% | 0.28% | |
| TMUS | B | 1.14% | 3.38% | 1.14% | |
| TRV | B | 0.66% | 0.98% | 0.66% | |
| VRSK | A | 0.39% | 1.69% | 0.39% | |
| VZ | C | 1.58% | 0.93% | 0.93% | |
| XEL | A | 0.62% | 0.19% | 0.19% | |
| XOM | B | 1.15% | 0.68% | 0.68% |
QLV Overweight 78 Positions Relative to SPMV
| Symbol | Grade | Weight | |
|---|---|---|---|
| V | A | 2.25% | |
| MCD | D | 1.97% | |
| PEP | F | 1.52% | |
| LMT | D | 1.07% | |
| ABBV | D | 0.97% | |
| ADP | B | 0.92% | |
| CME | A | 0.91% | |
| QLYS | C | 0.89% | |
| ATR | B | 0.89% | |
| WTW | B | 0.87% | |
| GOOGL | C | 0.87% | |
| TXN | C | 0.86% | |
| 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% | |
| CHKP | D | 0.72% | |
| ZM | B | 0.7% | |
| WM | A | 0.68% | |
| QGEN | D | 0.67% | |
| DTM | B | 0.65% | |
| DLR | B | 0.65% | |
| AVY | D | 0.64% | |
| CALM | A | 0.62% | |
| EQIX | A | 0.62% | |
| ALL | A | 0.62% | |
| PKG | A | 0.61% | |
| SMMT | D | 0.61% | |
| NOC | D | 0.6% | |
| CINF | A | 0.59% | |
| WCN | A | 0.57% | |
| CTVA | C | 0.57% | |
| AZO | C | 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% | |
| TTEK | F | 0.46% | |
| NBIX | C | 0.43% | |
| 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% | |
| PM | B | 0.21% | |
| COR | B | 0.2% | |
| LIN | D | 0.19% | |
| 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% | |
| UNH | C | 0.07% | |
| EXPD | D | 0.03% |
QLV Underweight 39 Positions Relative to SPMV
| Symbol | Grade | Weight | |
|---|---|---|---|
| GEV | B | -3.53% | |
| CSCO | B | -3.34% | |
| AON | A | -3.09% | |
| QCOM | F | -2.79% | |
| AJG | B | -2.63% | |
| MDLZ | F | -2.5% | |
| VRTX | F | -2.42% | |
| HD | A | -2.22% | |
| ORCL | B | -2.17% | |
| ADBE | C | -2.1% | |
| NOW | A | -1.76% | |
| AMT | D | -1.76% | |
| ZTS | D | -1.64% | |
| CRM | B | -1.63% | |
| PGR | A | -1.61% | |
| NEE | D | -1.59% | |
| SRE | A | -1.49% | |
| PFE | D | -1.02% | |
| TDY | B | -0.94% | |
| BRO | B | -0.81% | |
| MKC | D | -0.75% | |
| INTU | C | -0.75% | |
| CCI | D | -0.7% | |
| RTX | C | -0.65% | |
| TJX | A | -0.5% | |
| ELV | F | -0.46% | |
| NEM | D | -0.44% | |
| TSN | B | -0.42% | |
| IDXX | F | -0.37% | |
| BIIB | F | -0.31% | |
| ACN | C | -0.31% | |
| KHC | F | -0.29% | |
| ADM | D | -0.25% | |
| AIG | B | -0.25% | |
| PCG | A | -0.24% | |
| ACGL | D | -0.23% | |
| CVS | D | -0.22% | |
| TRMB | B | -0.1% | |
| BA | F | -0.04% |
QLV: Top Represented Industries & Keywords
Industries:
Utilities - Regulated Electric
Insurance - Property & Casualty
Drug Manufacturers - Major
Packaged Foods
Semiconductors
Software - Application
Aerospace & Defense
Biotechnology
Business Services
Packaging & Containers
Telecom Services
Integrated Shipping & Logistics
Internet Content & Information
Specialty Retail
Waste Management
Insurance - Diversified
Insurance Brokers
Medical Distribution
Oil & Gas E&P
Software - Infrastructure
SPMV: Top Represented Industries & Keywords
Industries:
Drug Manufacturers - Major
Utilities - Regulated Electric
Insurance Brokers
Packaged Foods
Software - Application
Telecom Services
Aerospace & Defense
Insurance - Diversified
Insurance - Property & Casualty
Semiconductors
Biotechnology
Confectioners
Farm Products
Health Care Plans
Information Technology Services
Internet Content & Information
Scientific & Technical Instruments
Software - Infrastructure
Apparel Stores
Banks - Global
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