QLVD vs. IDLV ETF Comparison

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

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

$28.81

Average Daily Volume

2,302

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

IDLV

PowerShares S&P International Developed Low Volatility Portfolio

IDLV Description

The PowerShares S&P International Developed Low Volatility Portfolio (Fund) is based on the S&P BMI International Developed Low Volatility Index ND (Index). The Fund will invest at least 90% of its total assets in the securities of companies that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor’s and consists of the 200 least volatile stocks of the S&P Developed ex. US and South Korea LargeMid Cap BMI Index over the past 12 months. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$30.57

Average Daily Volume

31,767

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	QLVD	IDLV
30 Days	0.97%	2.57%
60 Days	6.55%	8.76%
90 Days	10.15%	12.83%
12 Months	21.32%	20.66%

4 Overlapping Holdings

	Symbol	Grade	Weight in QLVD	Weight in IDLV	Overlap
	CNI	D	1.28%	0.45%	0.45%
	NVS	C	2.53%	0.5%	0.5%
	TD	C	0.58%	0.53%	0.53%
	UL	B	2.88%	0.59%	0.59%

QLVD Overweight 1 Positions Relative to IDLV

	Symbol	Grade	Weight
	MFG	D	0.97%

QLVD Underweight 4 Positions Relative to IDLV

	Symbol	Grade	Weight
	WCN	D	-0.5%
	CHKP	B	-0.5%
	CCEP	C	-0.47%
	E	D	-0.45%

QLVD: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - Asia Drug Manufacturers - Major Household & Personal Products Railroads

Keywords: Asset Management Services Bank Banking Investment Banking Active Pharmaceutical Ingredients Advisory Services Animal Health Antibiotics Asset And Liability Management Asset Management Automated Banking Automated Banking Machines Automotive Products Banking Solutions Biotechnology Blood Test Cash Management Chemical Cleaning Products Commercial Banking

IDLV: Top Represented Industries & Keywords

Industries: Banks - Global Beverages - Soft Drinks Drug Manufacturers - Major Household & Personal Products Oil & Gas Integrated Railroads Software - Application Waste Management

Keywords: Chemical Gas Exploration Nasdaq 100 Natural Gas Exploration Active Pharmaceutical Ingredients Alcohol Aluminum Metal Animal Health Antibiotics Antivirus Software Asset Management Services Automated Banking Automated Banking Machines Automotive Products Bank Banking Banking Solutions Barge Biotechnology Blood Test