QLV vs. VMAX ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Hartford US Value ETF (VMAX)

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

VMAX

Hartford US Value ETF

VMAX Description

The fund generally invests at least 80% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$51.92

Average Daily Volume

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

Performance

Period	QLV	VMAX
30 Days	0.23%	3.35%
60 Days	1.42%	4.23%
90 Days	3.24%	5.95%
12 Months	25.29%

27 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in VMAX	Overlap
AAPL	C	5.17%	0.34%	0.34%
AEP	D	0.54%	0.08%	0.08%
BRK.A	B	0.59%	0.92%	0.59%
CB	C	0.71%	0.66%	0.66%
CINF	A	0.6%	1.01%	0.6%
DUK	C	0.9%	0.92%	0.9%
EQIX	A	0.64%	0.49%	0.49%
GILD	C	1.07%	0.85%	0.85%
GOOGL	C	0.88%	1.2%	0.88%
IBM	C	1.82%	0.07%	0.07%
JKHY	D	0.53%	0.27%	0.27%
JNJ	D	1.71%	0.96%	0.96%
JPM	A	0.21%	1.34%	0.21%
LLY	F	2.31%	0.18%	0.18%
META	D	1.25%	1.36%	1.25%
MKL	A	0.54%	0.26%	0.26%
MRK	F	2.28%	0.24%	0.24%
NFG	A	0.38%	1.18%	0.38%
NVDA	C	5.54%	0.99%	0.99%
SO	D	0.69%	0.86%	0.69%
T	A	1.51%	1.49%	1.49%
TMUS	B	1.13%	0.43%	0.43%
UNH	C	0.07%	0.8%	0.07%
V	A	2.26%	0.65%	0.65%
VZ	C	1.64%	1.1%	1.1%
XEL	A	0.64%	0.18%	0.18%
XOM	B	1.15%	0.91%	0.91%

QLV Overweight 87 Positions Relative to VMAX

Symbol	Grade	Weight
MSFT	F	7.68%
PG	A	3.25%
AMZN	C	2.41%
MCD	D	1.93%
PEP	F	1.47%
LMT	D	1.06%
ABBV	D	0.96%
CME	A	0.94%
ABT	B	0.93%
ADP	B	0.92%
QLYS	C	0.88%
WEC	A	0.86%
ATR	B	0.86%
AIZ	A	0.86%
WTW	B	0.85%
TXN	C	0.84%
PSA	D	0.84%
RGLD	C	0.83%
TYL	B	0.8%
WDFC	B	0.8%
ED	D	0.79%
K	A	0.77%
DOX	D	0.74%
CHE	D	0.73%
GIS	D	0.72%
CHKP	D	0.72%
AMGN	D	0.71%
LSTR	D	0.71%
DLR	B	0.68%
TRV	B	0.67%
QGEN	D	0.67%
WM	A	0.67%
DTM	B	0.67%
ZM	B	0.67%
CALM	A	0.65%
ALL	A	0.63%
AVY	D	0.63%
PKG	A	0.63%
GOOG	C	0.62%
SMMT	D	0.59%
RSG	A	0.59%
CTVA	C	0.59%
NOC	D	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%
CMS	C	0.54%
SCI	B	0.54%
ADC	B	0.53%
PNW	B	0.53%
SIGI	C	0.53%
CHRW	C	0.49%
TSCO	D	0.49%
SON	D	0.48%
BAH	F	0.47%
FLO	D	0.47%
TTEK	F	0.46%
REGN	F	0.45%
HSY	F	0.45%
NBIX	C	0.43%
HRL	D	0.4%
VRSK	A	0.39%
AVGO	D	0.38%
HII	D	0.36%
BMRN	D	0.35%
MCK	B	0.35%
SLGN	A	0.34%
DDS	B	0.29%
BMI	B	0.27%
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%
NCNO	B	0.13%
CAG	D	0.13%
ROP	B	0.13%
L	A	0.11%
CWAN	B	0.09%
MMC	B	0.05%
EXPD	D	0.03%

QLV Underweight 121 Positions Relative to VMAX

Symbol	Grade	Weight
EOG	A	-2.03%
HPQ	B	-1.93%
C	A	-1.89%
MTB	A	-1.87%
WFC	A	-1.82%
CVS	D	-1.76%
LNC	B	-1.59%
STLD	B	-1.51%
NRG	B	-1.5%
USB	A	-1.46%
VLO	C	-1.42%
SYF	B	-1.39%
MA	C	-1.35%
MPC	D	-1.32%
STT	A	-1.31%
BBY	D	-1.29%
PNC	B	-1.29%
BAC	A	-1.26%
GAP	C	-1.25%
MCO	B	-1.24%
BK	A	-1.22%
TGT	F	-1.21%
KR	B	-1.18%
FDX	B	-1.16%
RF	A	-1.13%
LAMR	D	-1.12%
ELV	F	-1.12%
PYPL	B	-1.09%
TROW	B	-1.05%
BCC	B	-1.05%
JHG	A	-1.03%
JXN	C	-1.02%
HPE	B	-0.98%
ETR	B	-0.96%
BLDR	D	-0.93%
APA	D	-0.91%
SHW	A	-0.88%
IRM	D	-0.85%
COP	C	-0.83%
FITB	A	-0.83%
DVN	F	-0.81%
VICI	C	-0.78%
DELL	C	-0.77%
CVX	A	-0.75%
HCA	F	-0.71%
HBAN	A	-0.7%
CAT	B	-0.7%
ACI	C	-0.68%
NEE	D	-0.68%
WMT	A	-0.68%
OGN	D	-0.68%
RS	B	-0.66%
QCOM	F	-0.66%
AVT	C	-0.65%
MO	A	-0.65%
AMT	D	-0.63%
COF	B	-0.62%
HUM	C	-0.61%
LOW	D	-0.58%
CHRD	D	-0.58%
CMC	B	-0.57%
MTG	C	-0.54%
CTAS	B	-0.52%
TEX	D	-0.51%
MGY	A	-0.5%
SPG	B	-0.5%
GWW	B	-0.47%
SW	A	-0.47%
GS	A	-0.47%
CBT	C	-0.47%
PSX	C	-0.46%
ITW	B	-0.43%
NTAP	C	-0.42%
MLI	C	-0.4%
PRU	A	-0.39%
R	B	-0.39%
UNM	A	-0.36%
RHI	B	-0.34%
BPOP	B	-0.32%
HD	A	-0.32%
AXS	A	-0.31%
NUE	C	-0.3%
OZK	B	-0.29%
RDN	C	-0.27%
CSCO	B	-0.27%
AXP	A	-0.27%
SBAC	D	-0.27%
DTE	C	-0.26%
TJX	A	-0.25%
LNTH	D	-0.23%
MSCI	C	-0.23%
UFPI	B	-0.22%
PHM	D	-0.22%
CFG	B	-0.21%
MS	A	-0.2%
CRBG	B	-0.2%
M	D	-0.17%
AMAT	F	-0.16%
NXPI	D	-0.16%
DINO	D	-0.14%
CTSH	B	-0.14%
CMI	A	-0.14%
CMCSA	B	-0.13%
COLB	A	-0.12%
PGR	A	-0.12%
HRB	D	-0.11%
EXC	C	-0.11%
DKS	C	-0.11%
WY	D	-0.11%
FHN	A	-0.1%
OVV	B	-0.08%
CCI	D	-0.07%
ESNT	D	-0.05%
WFRD	D	-0.05%
CHX	C	-0.04%
EG	C	-0.03%
FANG	D	-0.03%
SM	B	-0.02%
FCNCA	A	-0.01%
BKNG	A	-0.01%
WSM	B	-0.01%