QLV vs. SUSA ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to iShares MSCI USA ESG Select ETF (SUSA)

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

$67.58

Average Daily Volume

10,480

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

SUSA

iShares MSCI USA ESG Select ETF

SUSA Description

iShares MSCI USA ESG Select ETF (the Fund), formerly iShares MSCI USA ESG Select Social Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI USA ESG Select Index (the Index). The Index is designed to measure the equity performance of large capitalization companies that have positive environmental, social and governance (ESG) characteristics relative to their industry and sector peers and in relation to the broader market, while exhibiting risk and return characteristics similar to the MSCI USA Index. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index. BlackRock Fund Advisors (BFA) serves as the investment adviser to the Fund.

Grade (RS Rating)

Last Trade

$125.50

Average Daily Volume

61,125

Number of Holdings ^*

175

* may have additional holdings in another (foreign) market

Performance

Period	QLV	SUSA
30 Days	1.29%	4.08%
60 Days	2.00%	4.22%
90 Days	3.82%	6.77%
12 Months	25.81%	33.26%

29 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in SUSA	Overlap
AAPL	B	5.17%	4.77%	4.77%
ADP	B	0.92%	1.29%	0.92%
AMGN	D	0.71%	0.66%	0.66%
AVGO	D	0.38%	1.56%	0.38%
CHRW	C	0.49%	0.57%	0.49%
EA	C	0.23%	0.72%	0.23%
ED	D	0.79%	0.27%	0.27%
EQIX	A	0.64%	0.58%	0.58%
EXPD	C	0.03%	0.77%	0.03%
GILD	B	1.07%	1.14%	1.07%
GIS	D	0.72%	0.74%	0.72%
GOOG	C	0.62%	1.91%	0.62%
GOOGL	C	0.88%	2.0%	0.88%
IBM	C	1.82%	0.76%	0.76%
K	A	0.77%	1.38%	0.77%
LIN	D	0.19%	0.09%	0.09%
LLY	F	2.31%	1.31%	1.31%
MMC	A	0.05%	0.29%	0.05%
MRK	F	2.28%	0.51%	0.51%
MSFT	D	7.68%	4.66%	4.66%
NVDA	C	5.54%	5.47%	5.47%
PEP	F	1.47%	0.81%	0.81%
PG	A	3.25%	0.46%	0.46%
REGN	F	0.45%	0.08%	0.08%
TRV	B	0.67%	0.45%	0.45%
TSCO	C	0.49%	0.25%	0.25%
TXN	D	0.84%	1.28%	0.84%
V	A	2.26%	0.99%	0.99%
VZ	B	1.64%	0.5%	0.5%

QLV Overweight 85 Positions Relative to SUSA

Symbol	Grade	Weight
AMZN	C	2.41%
MCD	D	1.93%
JNJ	D	1.71%
T	A	1.51%
META	D	1.25%
XOM	C	1.15%
TMUS	A	1.13%
LMT	D	1.06%
ABBV	D	0.96%
CME	A	0.94%
ABT	B	0.93%
DUK	C	0.9%
QLYS	C	0.88%
WEC	A	0.86%
ATR	B	0.86%
AIZ	B	0.86%
WTW	B	0.85%
PSA	C	0.84%
RGLD	D	0.83%
TYL	A	0.8%
WDFC	B	0.8%
DOX	D	0.74%
CHE	D	0.73%
CHKP	D	0.72%
LSTR	B	0.71%
CB	D	0.71%
SO	D	0.69%
DLR	A	0.68%
QGEN	D	0.67%
WM	A	0.67%
DTM	B	0.67%
ZM	B	0.67%
CALM	B	0.65%
XEL	A	0.64%
ALL	B	0.63%
AVY	D	0.63%
PKG	B	0.63%
CINF	A	0.6%
SMMT	D	0.59%
RSG	A	0.59%
CTVA	B	0.59%
NOC	D	0.59%
BRK.A	B	0.59%
AEE	A	0.58%
GD	F	0.58%
WCN	A	0.58%
CTRA	B	0.57%
WRB	A	0.55%
AZO	C	0.55%
STNG	F	0.55%
MKL	A	0.54%
AEP	D	0.54%
CMS	C	0.54%
SCI	A	0.54%
JKHY	D	0.53%
ADC	B	0.53%
PNW	B	0.53%
SIGI	B	0.53%
SON	D	0.48%
BAH	F	0.47%
FLO	C	0.47%
TTEK	F	0.46%
HSY	F	0.45%
NBIX	C	0.43%
HRL	D	0.4%
VRSK	A	0.39%
NFG	B	0.38%
HII	F	0.36%
BMRN	F	0.35%
MCK	C	0.35%
SLGN	A	0.34%
DDS	B	0.29%
BMI	B	0.27%
CRUS	F	0.26%
JPM	B	0.21%
PM	B	0.21%
COR	C	0.2%
ALKS	B	0.19%
ADI	D	0.15%
NCNO	B	0.13%
CAG	D	0.13%
ROP	B	0.13%
L	B	0.11%
CWAN	B	0.09%
UNH	B	0.07%

QLV Underweight 146 Positions Relative to SUSA

Symbol	Grade	Weight
TSLA	B	-1.8%
HD	A	-1.68%
KO	D	-1.62%
OKE	C	-1.53%
TT	B	-1.5%
ECL	D	-1.3%
CRH	A	-1.19%
CRM	B	-1.18%
MS	B	-1.12%
INTU	C	-1.06%
ADBE	C	-1.02%
AXP	A	-1.02%
MA	B	-0.95%
PNR	B	-0.92%
NOW	B	-0.91%
LNG	B	-0.85%
ADSK	B	-0.84%
AMAT	F	-0.81%
ZTS	D	-0.8%
PRU	A	-0.8%
GWW	A	-0.78%
TRGP	B	-0.78%
MMM	D	-0.77%
DECK	A	-0.74%
CSCO	A	-0.73%
LOW	C	-0.72%
CDNS	B	-0.71%
PGR	A	-0.69%
ACN	B	-0.67%
CMI	A	-0.67%
BK	A	-0.67%
HPE	B	-0.65%
FERG	B	-0.63%
DIS	B	-0.62%
DHR	D	-0.6%
GE	D	-0.59%
SPGI	C	-0.59%
CCI	D	-0.58%
CLX	C	-0.58%
COST	B	-0.57%
AMD	F	-0.55%
MCO	A	-0.54%
BR	A	-0.54%
ELV	F	-0.52%
XYL	D	-0.51%
WDAY	C	-0.51%
BKR	C	-0.51%
LKQ	D	-0.49%
NFLX	B	-0.49%
AXON	B	-0.48%
VLTO	C	-0.47%
LRCX	F	-0.46%
DGX	B	-0.45%
BG	F	-0.45%
NXPI	D	-0.44%
IDXX	F	-0.44%
LII	A	-0.44%
WSM	B	-0.42%
CBRE	B	-0.42%
KMB	C	-0.41%
HBAN	B	-0.41%
WAT	B	-0.4%
ES	D	-0.4%
INTC	C	-0.39%
BBY	D	-0.39%
GDDY	B	-0.39%
BKNG	B	-0.38%
A	D	-0.37%
AMT	D	-0.36%
VRTX	D	-0.35%
EW	C	-0.34%
SLB	C	-0.34%
KEYS	B	-0.34%
TWLO	B	-0.31%
ANET	C	-0.31%
PANW	C	-0.31%
JCI	C	-0.3%
QCOM	F	-0.29%
WELL	C	-0.29%
SNPS	B	-0.29%
PNC	A	-0.29%
VLO	C	-0.28%
STE	F	-0.28%
DVA	B	-0.27%
TGT	F	-0.27%
FIS	D	-0.27%
NDAQ	A	-0.26%
MU	D	-0.26%
TRMB	B	-0.25%
ANSS	B	-0.24%
WST	C	-0.23%
ACGL	D	-0.23%
HCA	F	-0.23%
ZBH	C	-0.22%
CHD	B	-0.22%
HPQ	B	-0.21%
CARR	C	-0.21%
IRM	C	-0.21%
TEAM	B	-0.2%
COO	D	-0.2%
KR	A	-0.2%
HUBS	B	-0.19%
HOLX	D	-0.19%
SYF	A	-0.19%
MELI	C	-0.19%
MRVL	B	-0.19%
LH	B	-0.18%
NEM	F	-0.18%
MOH	F	-0.18%
NTRS	A	-0.18%
CNH	A	-0.17%
FDS	B	-0.16%
IFF	D	-0.15%
BALL	D	-0.14%
RCL	B	-0.14%
ALNY	D	-0.14%
STT	A	-0.13%
CAT	B	-0.13%
FSLR	F	-0.13%
KDP	D	-0.13%
PTC	A	-0.13%
MDB	C	-0.13%
MTD	F	-0.12%
PWR	A	-0.12%
MKC	D	-0.12%
TFC	B	-0.11%
SOLV	C	-0.11%
IPG	C	-0.11%
LULU	C	-0.11%
NI	A	-0.11%
FBIN	D	-0.11%
NUE	D	-0.11%
OC	B	-0.11%
APTV	F	-0.1%
WDC	C	-0.1%
DXCM	C	-0.1%
STX	D	-0.1%
IT	C	-0.1%
RIVN	D	-0.09%
PPG	D	-0.09%
SNOW	C	-0.09%
BIIB	F	-0.08%
AVTR	F	-0.08%
HUM	C	-0.08%
KHC	D	-0.08%
AKAM	F	-0.08%