QLVD vs. IDHQ ETF Comparison

Comparison of FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) to PowerShares S&P International Developed High Quality Portfolio (IDHQ)

QLVD

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund

QLVD 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

$27.19

Average Daily Volume

3,318

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IDHQ

PowerShares S&P International Developed High Quality Portfolio

IDHQ Description

The PowerShares S&P International Developed High Quality Portfolio (Fund) is based on the S&P International Developed High Quality Rankings Index ND (Index). The Fund generally will invest at least 90% of its total assets in companies that are identified by the Index as high quality stocks based on historical records of earnings and dividends. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced and reconstituted bi-annually, in January and July.

Grade (RS Rating)

Last Trade

$28.99

Average Daily Volume

55,248

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QLVD	IDHQ
30 Days	-1.86%	-4.86%
60 Days	-5.38%	-8.03%
90 Days	-4.57%	-9.17%
12 Months	11.59%	8.23%

3 Overlapping Holdings

Symbol	Grade	Weight in QLVD	Weight in IDHQ	Overlap
CNI	D	1.27%	1.03%	1.03%
NVS	D	2.43%	5.32%	2.43%
UL	D	2.75%	2.87%	2.75%

QLVD Overweight 3 Positions Relative to IDHQ

Symbol	Grade	Weight
MFG	B	1.18%
TD	F	0.55%
HSBH	B	0.16%

QLVD Underweight 6 Positions Relative to IDHQ

Symbol	Grade	Weight
ABBV	D	-1.7%
DEO	F	-1.21%
CPNG	D	-0.5%
STLA	F	-0.42%
CHKP	D	-0.37%
DOOO	F	-0.04%