QLV vs. XT ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to iShares Exponential Technologies ETF (XT)

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

$66.10

Average Daily Volume

3,350

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

XT

iShares Exponential Technologies ETF

XT Description

The investment seeks to track the investment results of the Morningstar® Exponential Technologies Index which composed of stocks of developed and emerging market companies that create or use exponential technologies. The fund generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a subset of the Morningstar US Market Index and the Morningstar Global Markets ex-US Index family (the "Parent Indexes"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.84

Average Daily Volume

108,968

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	QLV	XT
30 Days	2.06%	5.52%
60 Days	8.22%	11.61%
90 Days	5.34%	1.54%
12 Months	30.89%	19.55%

16 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in XT	Overlap
ABBV	C	1.1%	0.64%	0.64%
ADI	B	0.17%	0.59%	0.17%
AMZN	C	2.28%	0.61%	0.61%
AVGO	B	0.42%	0.88%	0.42%
BMRN	F	0.39%	0.35%	0.35%
GOOGL	B	0.82%	0.61%	0.61%
IBM	A	1.9%	0.65%	0.65%
LLY	D	2.8%	0.71%	0.71%
MRK	F	2.65%	0.52%	0.52%
MSFT	D	8.0%	0.54%	0.54%
NVDA	B	4.72%	1.22%	1.22%
QLYS	F	0.76%	0.33%	0.33%
REGN	D	0.63%	0.6%	0.6%
ROP	D	0.13%	0.49%	0.13%
TXN	C	0.89%	0.61%	0.61%
TYL	D	0.77%	0.68%	0.68%

QLV Overweight 98 Positions Relative to XT

Symbol	Grade	Weight
AAPL	C	5.16%
PG	D	3.31%
MCD	A	2.02%
V	B	2.0%
JNJ	D	1.8%
VZ	C	1.74%
PEP	F	1.58%
T	B	1.43%
META	A	1.26%
LMT	A	1.15%
XOM	A	1.08%
GILD	A	1.01%
TMUS	A	0.98%
ABT	C	0.91%
DUK	C	0.91%
CME	A	0.9%
PSA	C	0.9%
ADP	A	0.85%
ED	C	0.84%
GIS	C	0.83%
WEC	B	0.82%
WTW	C	0.81%
RGLD	C	0.81%
ATR	A	0.81%
CHE	D	0.8%
CHKP	A	0.8%
AMGN	D	0.79%
DOX	B	0.78%
AIZ	B	0.78%
K	B	0.77%
LSTR	F	0.74%
WDFC	B	0.74%
CB	A	0.73%
QGEN	F	0.72%
STNG	B	0.72%
SMMT	D	0.72%
AVY	D	0.71%
SO	A	0.7%
GD	C	0.63%
WM	B	0.63%
NOC	B	0.63%
EQIX	C	0.61%
TRV	B	0.61%
DLR	C	0.6%
ALL	A	0.6%
CTVA	A	0.59%
ZM	B	0.59%
BRK.A	B	0.58%
AZO	D	0.58%
XEL	C	0.58%
GOOG	B	0.57%
RSG	D	0.56%
PKG	B	0.56%
AEP	C	0.56%
WCN	D	0.56%
AEE	A	0.55%
CMS	A	0.55%
JKHY	A	0.54%
CINF	A	0.54%
SON	D	0.53%
TTEK	A	0.53%
DTM	A	0.52%
TSCO	A	0.52%
BAH	C	0.52%
SIGI	D	0.51%
WRB	C	0.51%
ADC	C	0.51%
PNW	C	0.51%
HSY	D	0.5%
FLO	D	0.5%
SCI	D	0.5%
MKL	B	0.5%
CALM	A	0.5%
CTRA	D	0.49%
HII	F	0.49%
CHRW	C	0.48%
HRL	F	0.42%
NBIX	F	0.41%
VRSK	D	0.37%
NFG	A	0.36%
CRUS	D	0.32%
SLGN	B	0.32%
DDS	D	0.28%
BMI	A	0.27%
MCK	F	0.27%
SQSP	A	0.24%
LIN	C	0.2%
PM	D	0.2%
EA	D	0.2%
JPM	C	0.19%
ALKS	B	0.18%
CAG	D	0.16%
NCNO	F	0.1%
L	C	0.1%
CWAN	B	0.08%
UNH	B	0.07%
MMC	D	0.05%
EXPD	D	0.03%

QLV Underweight 92 Positions Relative to XT

Symbol	Grade	Weight
PLTR	A	-1.01%
TOST	B	-0.9%
GWRE	A	-0.88%
ANET	A	-0.85%
FSLR	C	-0.79%
MPWR	B	-0.77%
ALNY	C	-0.75%
ISRG	C	-0.74%
FTNT	A	-0.7%
KLAC	B	-0.68%
WDC	C	-0.68%
HUBB	A	-0.67%
TER	C	-0.67%
NEE	C	-0.67%
STX	C	-0.66%
MRVL	C	-0.66%
AMAT	C	-0.65%
AMD	C	-0.65%
MU	D	-0.65%
RVTY	C	-0.65%
TW	A	-0.64%
MTD	C	-0.64%
BOX	C	-0.63%
DOCU	A	-0.62%
QCOM	D	-0.61%
HPE	B	-0.6%
VRNS	B	-0.6%
NOW	B	-0.6%
GEN	A	-0.59%
WAT	B	-0.59%
DD	C	-0.59%
ADSK	B	-0.58%
MANH	A	-0.58%
INCY	B	-0.58%
COIN	F	-0.58%
LRCX	D	-0.55%
CRWD	D	-0.55%
PANW	B	-0.55%
SEIC	B	-0.55%
VEEV	C	-0.55%
ILMN	B	-0.54%
NXPI	F	-0.54%
CSCO	A	-0.53%
ANSS	D	-0.53%
CCOI	B	-0.53%
CTSH	B	-0.52%
UMC	D	-0.52%
CRM	B	-0.52%
PTC	B	-0.52%
KEYS	B	-0.52%
TSLA	C	-0.51%
ENPH	F	-0.5%
ACN	B	-0.5%
HUBS	D	-0.5%
BMY	A	-0.5%
CDNS	D	-0.49%
FDS	C	-0.49%
QRVO	F	-0.49%
BLKB	C	-0.48%
CCI	D	-0.48%
NET	D	-0.48%
OKTA	F	-0.47%
S	C	-0.47%
GTLS	D	-0.47%
DDOG	B	-0.47%
SWKS	F	-0.46%
DT	B	-0.46%
SBAC	C	-0.46%
SOFI	C	-0.46%
ON	F	-0.46%
MKTX	B	-0.46%
SNPS	F	-0.45%
MCHP	F	-0.44%
TWLO	B	-0.44%
JAZZ	F	-0.43%
DBX	C	-0.43%
TEAM	D	-0.41%
APTV	D	-0.41%
AKAM	D	-0.41%
ZS	F	-0.4%
BIIB	F	-0.39%
MRNA	F	-0.38%
ALB	D	-0.38%
IONS	F	-0.37%
ESTC	F	-0.32%
MDB	D	-0.32%
CRSP	F	-0.3%
SNOW	F	-0.28%
INTC	D	-0.26%
ALTM	D	-0.23%
FIVN	F	-0.16%
SEDG	F	-0.13%