SIXH vs. QDEF ETF Comparison

Comparison of 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

SIXH

6 Meridian Hedged Equity-Index Option Strategy ETF

SIXH Description

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. The equity securities in which it invests are mainly common stocks. The fund may invest in equity securities of companies of any capitalization. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.11

Average Daily Volume

9,364

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QDEF

FlexShares Quality Dividend Defensive Index Fund

QDEF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend Defensive IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall volatility that is lower than that of the Northern Trust 1250 IndexSM. It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$71.13

Average Daily Volume

6,642

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	SIXH	QDEF
30 Days	0.03%	3.01%
60 Days	5.16%	9.72%
90 Days	5.58%	8.06%
12 Months	18.12%	35.58%

24 Overlapping Holdings

Symbol	Grade	Weight in SIXH	Weight in QDEF	Overlap
AAPL	C	1.33%	6.09%	1.33%
BAC	B	1.26%	0.02%	0.02%
BK	A	1.37%	0.62%	0.62%
COST	C	2.62%	0.23%	0.23%
DUK	C	2.64%	0.82%	0.82%
GILD	A	2.79%	0.95%	0.95%
GOOGL	B	1.38%	1.31%	1.31%
IBM	A	1.43%	1.8%	1.43%
INTU	F	1.27%	1.13%	1.13%
JNJ	D	1.26%	3.17%	1.26%
JPM	C	1.23%	0.63%	0.63%
KO	C	1.27%	0.76%	0.76%
LMT	A	1.39%	1.19%	1.19%
META	A	2.93%	2.79%	2.79%
MO	D	2.45%	0.8%	0.8%
MRK	F	2.52%	2.66%	2.52%
NVDA	B	2.88%	4.84%	2.88%
PG	D	1.29%	2.97%	1.29%
PM	D	1.25%	1.58%	1.25%
QCOM	D	2.7%	1.69%	1.69%
T	B	4.27%	0.77%	0.77%
VZ	C	4.12%	0.72%	0.72%
WMT	A	1.36%	0.12%	0.12%
XOM	A	2.76%	0.5%	0.5%

SIXH Overweight 29 Positions Relative to QDEF

Symbol	Grade	Weight
AXP	A	2.79%
CVX	B	2.73%
SPG	A	2.69%
COF	A	2.64%
C	B	2.64%
TGT	C	2.6%
KHC	F	2.53%
PEP	F	2.5%
CL	D	2.48%
LLY	D	2.44%
BIL	B	1.88%
CAT	A	1.52%
GE	B	1.49%
PYPL	A	1.41%
DE	C	1.41%
MS	A	1.38%
DOW	B	1.38%
NFLX	A	1.38%
AMZN	C	1.37%
SO	A	1.35%
RTX	A	1.34%
COP	D	1.32%
UNH	B	1.29%
AIG	C	1.25%
USB	C	1.25%
BRK.A	B	1.25%
WFC	B	1.24%
GM	D	1.21%
ADBE	F	1.16%

SIXH Underweight 99 Positions Relative to QDEF

Symbol	Grade	Weight
MSFT	D	-4.96%
HD	A	-3.13%
ABBV	C	-3.06%
ADP	A	-1.06%
GOOG	B	-1.06%
TMUS	A	-1.0%
AMT	D	-0.99%
SBUX	B	-0.97%
TJX	D	-0.97%
KLAC	B	-0.93%
CI	D	-0.9%
AVGO	B	-0.88%
ITW	C	-0.72%
CME	A	-0.72%
MMM	C	-0.69%
MSI	A	-0.68%
PSA	C	-0.65%
AFL	A	-0.63%
PAYX	B	-0.62%
MCK	F	-0.59%
D	A	-0.58%
BWXT	A	-0.57%
LDOS	A	-0.57%
FIS	A	-0.57%
IRDM	C	-0.56%
WTW	C	-0.56%
CSCO	A	-0.56%
KMB	D	-0.56%
RMD	C	-0.56%
ED	C	-0.55%
PPL	C	-0.55%
EME	B	-0.55%
UNM	A	-0.54%
OTIS	A	-0.54%
AIZ	B	-0.54%
GEN	A	-0.54%
EQR	C	-0.54%
MAA	D	-0.54%
OHI	C	-0.54%
VRSK	D	-0.54%
PNW	C	-0.53%
GIS	C	-0.53%
ESS	D	-0.53%
EA	D	-0.53%
MET	A	-0.53%
CSL	A	-0.53%
COR	F	-0.53%
K	B	-0.53%
NSA	D	-0.53%
AVY	D	-0.53%
ORI	A	-0.52%
CPT	C	-0.52%
WDFC	B	-0.51%
UMBF	C	-0.51%
FAST	C	-0.51%
CSWI	A	-0.51%
NEP	D	-0.51%
DOX	B	-0.5%
IPG	D	-0.5%
VIRT	B	-0.5%
WU	D	-0.49%
RDN	D	-0.49%
HRB	C	-0.49%
LSTR	F	-0.49%
LOW	C	-0.48%
WSM	C	-0.48%
BPOP	D	-0.48%
OGE	C	-0.47%
STNG	B	-0.47%
CFR	B	-0.47%
EXPD	D	-0.46%
SAIC	A	-0.46%
CUBE	C	-0.45%
SWKS	F	-0.45%
EBAY	A	-0.43%
CHE	D	-0.42%
OMF	D	-0.42%
EXC	C	-0.42%
BMY	A	-0.41%
DPZ	D	-0.41%
DELL	C	-0.4%
EVRG	C	-0.4%
BSY	D	-0.39%
VRT	B	-0.37%
MSM	D	-0.37%
V	B	-0.34%
STWD	C	-0.33%
WEC	B	-0.29%
PEG	A	-0.27%
NNN	C	-0.25%
MAS	C	-0.25%
MA	A	-0.22%
SCCO	B	-0.19%
AVB	C	-0.18%
CAH	B	-0.16%
ROL	C	-0.13%
BAH	C	-0.13%
ZTS	C	-0.12%
DDS	D	-0.11%