Skip to Content
ETFs

FlexShares US Quality Large Cap Index Fund

QLC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 23 2015
Expense Ratio
0.25%
Type
US Equities
Fund Owner
Flexshares (Northern Trust)
Volume (1m avg. daily)
$198,787
AUM
$147,630,798
Associated Index
Northern Trust Quality Large Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
8.28%
MSFT
Microsoft Corporation
4.87%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
3.05%
GOOG
Alphabet Inc - Ordinary Shares - Class C
2.88%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
2.47%
NVDA
NVIDIA Corp
2.13%
JNJ
Johnson & Johnson
2.11%
AMZN
Amazon.com Inc.
1.87%
LLY
Lilly(Eli) & Co
1.73%
JPM
JPMorgan Chase & Co.
1.70%
Invest with QLC

What is QLC?

FlexShares US Quality Large Cap Index Fund attempts to provide investors a US large cap equity portfolio with long-term growth potential. Designed to replace traditional large cap equity products, the strategy applies a model that ranks securities in the large cap universe based on quality, value and momentum factors. Exposure to the factors is optimized, with sector, style and security level constraints, to maintain a similar risk profile to the original universe. If occurring, dividends from net investment income are generally declared and paid quarterly. Distributions of net realized securities gains, if any, are generally declared and paid once a year, but the Fund may make such distributions on a more frequent basis.

ETFs related toQLC

ETFs correlated to QLC include IYY, LCTU, SPUU

QLC
FlexShares Trust - FlexShares US Quality Large Cap Index Fund
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toQLC

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with QLC using Composer

FAQ

QLC is a US Equities ETF. FlexShares US Quality Large Cap Index Fund attempts to provide investors a US large cap equity portfolio with long-term growth potential. Designed to replace traditional large cap equity products, the strategy applies a model that ranks securities in the large cap universe based on quality, value and momentum factors. Exposure to the factors is optimized, with sector, style and security level constraints, to maintain a similar risk profile to the original universe. If occurring, dividends from net investment income are generally declared and paid quarterly. Distributions of net realized securities gains, if any, are generally declared and paid once a year, but the Fund may make such distributions on a more frequent basis.

QLC tracks the Northern Trust Quality Large Cap Index.

No, QLC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, QLC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on QLC is -0.0041%. This is the percent change in the value of QLC over the most recent 1-month period. The 3-month return on QLC is 0.0124%. This is the percent change in the value of QLC over the most recent 3-month period.

The standard deviation of QLC for the past year is 0.174%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to QLC include SPHQ, DSI, and QUAL.

ETFs correlated to QLC include IYY, LCTU, and SPUU.

ETFs that are inversely correlated to QLC include SH, SDS, and SPXS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.