QLV vs. UDIV ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Franklin U.S. Core Dividend Tilt Index ETF (UDIV)

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

$67.96

Average Daily Volume

10,573

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

UDIV

Franklin U.S. Core Dividend Tilt Index ETF

UDIV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ Global Dividend Index. The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index includes stocks from developed and emerging market countries with high and persistent dividend income that have favorable exposure to a quality investment style factor.

Grade (RS Rating)

Last Trade

$46.77

Average Daily Volume

4,680

Number of Holdings ^*

277

* may have additional holdings in another (foreign) market

Performance

Period	QLV	UDIV
30 Days	1.87%	3.52%
60 Days	2.55%	5.20%
90 Days	4.59%	8.29%
12 Months	26.75%	36.15%

52 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in UDIV	Overlap
AAPL	A	5.17%	6.17%	5.17%
ABBV	D	0.96%	0.97%	0.96%
ABT	B	0.93%	0.48%	0.48%
ADI	D	0.15%	0.52%	0.15%
ADP	A	0.92%	0.13%	0.13%
AEE	A	0.58%	0.03%	0.03%
AEP	C	0.54%	0.29%	0.29%
ALL	A	0.63%	0.1%	0.1%
AMGN	F	0.71%	0.62%	0.62%
AMZN	B	2.41%	3.48%	2.41%
AVGO	D	0.38%	1.72%	0.38%
CAG	D	0.13%	0.07%	0.07%
CINF	A	0.6%	0.14%	0.14%
CME	A	0.94%	0.46%	0.46%
CMS	B	0.54%	0.11%	0.11%
CTRA	B	0.57%	0.12%	0.12%
DLR	A	0.68%	0.32%	0.32%
DUK	C	0.9%	0.49%	0.49%
ED	C	0.79%	0.19%	0.19%
EQIX	A	0.64%	0.21%	0.21%
GD	F	0.58%	0.06%	0.06%
GILD	B	1.07%	0.63%	0.63%
GIS	D	0.72%	0.2%	0.2%
GOOG	C	0.62%	1.73%	0.62%
GOOGL	C	0.88%	1.92%	0.88%
HRL	D	0.4%	0.05%	0.05%
IBM	C	1.82%	0.81%	0.81%
JNJ	D	1.71%	1.16%	1.16%
JPM	B	0.21%	1.35%	0.21%
K	A	0.77%	0.12%	0.12%
LIN	D	0.19%	0.14%	0.14%
LLY	D	2.31%	1.21%	1.21%
MCD	D	1.93%	0.23%	0.23%
META	D	1.25%	2.13%	1.25%
MRK	D	2.28%	0.71%	0.71%
MSFT	C	7.68%	6.07%	6.07%
NVDA	C	5.54%	6.83%	5.54%
PEP	F	1.47%	0.57%	0.57%
PG	A	3.25%	0.78%	0.78%
PKG	A	0.63%	0.12%	0.12%
PM	A	0.21%	0.86%	0.21%
PSA	C	0.84%	0.29%	0.29%
SO	C	0.69%	0.53%	0.53%
T	A	1.51%	0.79%	0.79%
TSCO	D	0.49%	0.04%	0.04%
TXN	D	0.84%	0.85%	0.84%
UNH	B	0.07%	0.87%	0.07%
V	A	2.26%	0.34%	0.34%
VZ	B	1.64%	0.77%	0.77%
WEC	A	0.86%	0.18%	0.18%
XEL	A	0.64%	0.21%	0.21%
XOM	C	1.15%	1.35%	1.15%

QLV Overweight 62 Positions Relative to UDIV

Symbol	Grade	Weight
TMUS	A	1.13%
LMT	D	1.06%
QLYS	C	0.88%
ATR	B	0.86%
AIZ	A	0.86%
WTW	A	0.85%
RGLD	C	0.83%
TYL	A	0.8%
WDFC	C	0.8%
DOX	D	0.74%
CHE	D	0.73%
CHKP	D	0.72%
LSTR	C	0.71%
CB	C	0.71%
TRV	B	0.67%
QGEN	D	0.67%
WM	A	0.67%
DTM	B	0.67%
ZM	B	0.67%
CALM	B	0.65%
AVY	D	0.63%
SMMT	D	0.59%
RSG	A	0.59%
CTVA	A	0.59%
NOC	D	0.59%
BRK.A	B	0.59%
WCN	A	0.58%
WRB	A	0.55%
AZO	B	0.55%
STNG	F	0.55%
MKL	A	0.54%
SCI	A	0.54%
JKHY	D	0.53%
ADC	A	0.53%
PNW	A	0.53%
SIGI	B	0.53%
CHRW	C	0.49%
SON	D	0.48%
BAH	F	0.47%
FLO	C	0.47%
TTEK	D	0.46%
REGN	F	0.45%
HSY	F	0.45%
NBIX	C	0.43%
VRSK	A	0.39%
NFG	B	0.38%
HII	D	0.36%
BMRN	D	0.35%
MCK	B	0.35%
SLGN	A	0.34%
DDS	B	0.29%
BMI	C	0.27%
CRUS	D	0.26%
EA	B	0.23%
COR	A	0.2%
ALKS	B	0.19%
NCNO	B	0.13%
ROP	B	0.13%
L	A	0.11%
CWAN	B	0.09%
MMC	A	0.05%
EXPD	D	0.03%

QLV Underweight 225 Positions Relative to UDIV

Symbol	Grade	Weight
TSLA	B	-1.48%
CVX	A	-1.12%
HD	B	-1.06%
MS	C	-0.94%
BLK	C	-0.87%
CSCO	A	-0.86%
C	B	-0.82%
BX	B	-0.76%
KO	D	-0.74%
QCOM	F	-0.74%
BMY	B	-0.69%
PFE	D	-0.66%
BAC	A	-0.65%
NFLX	B	-0.64%
UPS	C	-0.57%
MDT	D	-0.56%
MO	A	-0.56%
CRM	B	-0.51%
ORCL	B	-0.5%
PNC	A	-0.5%
NOW	A	-0.47%
INTU	C	-0.47%
USB	A	-0.47%
ACN	B	-0.45%
GS	A	-0.44%
AMD	F	-0.43%
ITW	A	-0.43%
PLD	D	-0.43%
WFC	A	-0.42%
WMB	B	-0.41%
ETN	A	-0.41%
INTC	D	-0.41%
APO	A	-0.4%
CVS	D	-0.39%
AMAT	F	-0.38%
OKE	B	-0.38%
TFC	B	-0.38%
CMCSA	C	-0.36%
MMM	C	-0.36%
AMT	D	-0.35%
NXPI	D	-0.35%
ADBE	C	-0.35%
LRCX	D	-0.34%
SPG	A	-0.33%
BK	A	-0.33%
KMI	B	-0.32%
PLTR	B	-0.31%
CRWD	B	-0.3%
KLAC	D	-0.3%
UNP	C	-0.3%
CMI	A	-0.3%
SBUX	B	-0.3%
ANET	C	-0.28%
PRU	A	-0.28%
UBER	D	-0.28%
TGT	F	-0.28%
MELI	C	-0.28%
O	D	-0.28%
FAST	A	-0.27%
F	C	-0.27%
PANW	B	-0.27%
LOW	C	-0.27%
D	C	-0.27%
COST	A	-0.26%
PAYX	B	-0.26%
KMB	C	-0.26%
COP	D	-0.25%
CCI	D	-0.24%
KVUE	A	-0.23%
MA	A	-0.23%
HPQ	B	-0.23%
JCI	C	-0.23%
MSCI	B	-0.23%
MTB	B	-0.22%
EMR	A	-0.22%
EXC	C	-0.22%
PSX	C	-0.22%
FANG	F	-0.21%
GLW	B	-0.21%
EXR	C	-0.2%
MU	D	-0.2%
ROK	B	-0.2%
MCHP	D	-0.2%
VICI	C	-0.19%
DOW	F	-0.19%
EIX	A	-0.19%
FITB	B	-0.19%
VRT	B	-0.18%
STT	A	-0.18%
HON	B	-0.18%
BKR	C	-0.18%
APD	A	-0.18%
AVB	A	-0.18%
RTX	D	-0.18%
GRMN	B	-0.18%
ETR	A	-0.18%
ARES	A	-0.18%
IRM	C	-0.17%
SYY	C	-0.17%
HBAN	B	-0.16%
PEG	A	-0.16%
TROW	A	-0.16%
DVN	F	-0.16%
KKR	A	-0.16%
KHC	D	-0.16%
SW	B	-0.16%
RF	B	-0.15%
ISRG	B	-0.14%
DFS	B	-0.14%
VTR	C	-0.14%
CDNS	B	-0.14%
EQR	A	-0.14%
DTE	C	-0.14%
PPL	A	-0.14%
NTAP	B	-0.14%
EBAY	C	-0.13%
IFF	D	-0.13%
LYB	F	-0.13%
DIS	B	-0.13%
NTRS	A	-0.13%
CFG	B	-0.13%
COIN	C	-0.13%
NKE	F	-0.13%
MPWR	F	-0.12%
INVH	D	-0.12%
DRI	B	-0.12%
CLX	C	-0.12%
CMG	B	-0.12%
IP	B	-0.12%
WELL	A	-0.12%
PFG	C	-0.12%
FE	D	-0.12%
MRVL	B	-0.12%
ES	D	-0.12%
ESS	B	-0.11%
ZS	C	-0.11%
TSN	B	-0.11%
GPC	D	-0.11%
SNA	A	-0.11%
BBY	D	-0.11%
BR	A	-0.11%
LUV	C	-0.11%
STX	D	-0.11%
OMC	C	-0.11%
NEE	D	-0.11%
DASH	A	-0.11%
KEY	B	-0.11%
MET	A	-0.11%
WSO	B	-0.11%
SNPS	B	-0.11%
VTRS	B	-0.1%
ARE	D	-0.1%
KIM	A	-0.1%
CAT	B	-0.1%
HPE	B	-0.1%
DELL	C	-0.1%
MAA	B	-0.1%
SUI	D	-0.09%
DOC	C	-0.09%
AMCR	D	-0.09%
LNT	A	-0.09%
DDOG	B	-0.09%
FNF	B	-0.09%
EWBC	B	-0.09%
BAX	F	-0.09%
EL	F	-0.09%
NI	A	-0.09%
UDR	B	-0.08%
FDX	B	-0.08%
SWK	D	-0.08%
AXON	A	-0.08%
VLO	C	-0.08%
LVS	C	-0.08%
EVRG	A	-0.08%
SWKS	D	-0.08%
EOG	C	-0.07%
SJM	C	-0.07%
WPC	D	-0.07%
CG	B	-0.07%
NSC	A	-0.07%
JNPR	F	-0.07%
REG	A	-0.07%
EMN	D	-0.07%
BXP	C	-0.07%
HST	C	-0.07%
CPT	A	-0.07%
GEN	A	-0.07%
ELS	B	-0.07%
AES	F	-0.06%
WDAY	C	-0.06%
SCCO	F	-0.06%
APA	F	-0.06%
SLB	C	-0.06%
HUBS	B	-0.06%
IPG	C	-0.06%
SNOW	C	-0.06%
CNH	B	-0.06%
TTD	B	-0.06%
NET	B	-0.06%
LKQ	D	-0.06%
HUBB	B	-0.06%
MDB	C	-0.05%
CPB	D	-0.05%
APH	B	-0.05%
TAP	C	-0.05%
BEN	C	-0.04%
SQ	C	-0.04%
WBA	F	-0.04%
RPRX	D	-0.04%
ENTG	D	-0.04%
CRBG	B	-0.04%
WMT	A	-0.03%
SMCI	F	-0.03%
DG	F	-0.03%
AGR	B	-0.02%
SYK	B	-0.02%
OKTA	C	-0.02%
DT	C	-0.02%
TT	A	-0.02%
FIS	D	-0.02%
CAH	B	-0.02%
TER	D	-0.02%
SIRI	C	-0.01%
BSY	D	-0.01%
NEM	F	-0.01%