QLVE vs. VWO ETF Comparison

Comparison of FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE) to Vanguard FTSE Emerging Markets ETF (VWO)
QLVE

FlexShares Emerging Markets Quality Low Volatility Index Fund

QLVE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Emerging Markets 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 emerging market countries. Under normal circumstances, 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

$25.66

Average Daily Volume

1,225

Number of Holdings *

13

* may have additional holdings in another (foreign) market
VWO

Vanguard FTSE Emerging Markets ETF

VWO Description The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in emerging market countries. The fund employs an indexing investment approach by investing substantially all (approximately 95%) of its assets in the common stocks included in the FTSE Emerging Index, while employing a form of sampling to reduce risk. The FTSE Emerging Index includes approximately 851 common stocks of companies located in emerging markets around the world. As of May 31, 2013, the largest markets covered in the index were China, Brazil, Taiwan, and India.

Grade (RS Rating)

Last Trade

$45.41

Average Daily Volume

8,279,957

Number of Holdings *

81

* may have additional holdings in another (foreign) market
Performance
Period QLVE VWO
30 Days -4.07% -3.65%
60 Days -3.07% -0.55%
90 Days -1.52% 1.05%
12 Months 14.89% 15.51%
11 Overlapping Holdings
Symbol Grade Weight in QLVE Weight in VWO Overlap
BABA D 2.53% 2.32% 2.32%
BIDU F 0.04% 0.28% 0.04%
CHT D 0.94% 0.12% 0.12%
CHT D 0.94% 0.04% 0.04%
HDB C 0.45% 1.29% 0.45%
IBN C 0.68% 0.66% 0.66%
PDD F 0.71% 0.95% 0.71%
TCOM B 0.02% 0.4% 0.02%
UMC F 0.16% 0.04% 0.04%
UMC F 0.16% 0.14% 0.14%
VALE F 0.17% 0.46% 0.17%
QLVE Overweight 4 Positions Relative to VWO
Symbol Grade Weight
BAP B 1.02%
SKM D 0.77%
KT A 0.52%
NTES D 0.45%
QLVE Underweight 70 Positions Relative to VWO
Symbol Grade Weight
YUMC C -0.19%
BEKE D -0.15%
LI F -0.15%
BGNE D -0.14%
ABEV F -0.11%
TME D -0.09%
XPEV C -0.08%
WIT A -0.08%
BILI D -0.07%
NIO F -0.07%
ASAI F -0.07%
YMM C -0.07%
BCH F -0.06%
ITUB F -0.06%
ERJ B -0.06%
BZ F -0.05%
TAL F -0.05%
VIPS F -0.05%
SBSW D -0.04%
QFIN B -0.04%
GGB C -0.04%
RDY F -0.03%
CSAN F -0.03%
CIB B -0.03%
BRFS D -0.03%
SGRP D -0.02%
ATAT C -0.02%
SBS B -0.02%
ATHM D -0.02%
WIT A -0.02%
CAR C -0.02%
GDS C -0.02%
EC D -0.01%
DDL C -0.01%
CIG C -0.01%
WB D -0.01%
IMOS F -0.01%
EH F -0.01%
CSIQ F -0.01%
BSAC F -0.01%
FINV B -0.01%
ELP F -0.01%
ERJ B -0.01%
YY C -0.01%
DQ F -0.01%
MOMO D -0.01%
JKS F -0.01%
AKO.A F -0.01%
BSBR F -0.01%
IQ F -0.01%
BBD D -0.01%
RLX C -0.01%
ENIC D -0.0%
BAOS F -0.0%
JEWL F -0.0%
HUYA F -0.0%
GGB C -0.0%
BAK F -0.0%
DADA F -0.0%
ASAI F -0.0%
EBR F -0.0%
ATHM D -0.0%
DAO B -0.0%
CAN C -0.0%
AZUL F -0.0%
SOHU F -0.0%
SID F -0.0%
VNET B -0.0%
SQM F -0.0%
GOTU F -0.0%
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