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FlexShares Developed Markets ex-US Quality Low Volatility Index Fund

QLVD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 15 2019
Expense Ratio
0.32%
Type
Global Ex. US Equities
Fund Owner
Flexshares (Northern Trust)
Volume (1m avg. daily)
$129,740
AUM
$69,748,024
Associated Index
Northern Trust Developed Markets ex US Quality Low Volatility Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

NESN
Nestle SA
4.41%
ROG
Roche Holding AG
3.68%
SAN
Sanofi
2.95%
ULVR
Unilever plc
2.53%
AI
Air Liquide S.A
1.62%
8316
Sumitomo Mitsui Financial Group Inc
1.59%
RY
Royal Bank Of Canada
1.56%
SHEL
Shell Plc
1.40%
NOVO B
Novo Nordisk - Ordinary Shares - Class B
1.37%
CNR
Canadian National Railway Co.
1.34%
Invest with QLVD

What is QLVD?

The Fund 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 Index (the Underlying Index ). The Northern Trust Developed Markets ex-US Quality Low Volatility Index (Underlying Index) is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to the Northern Trust Global Index, excluding the United States. The Underlying Index looks to select companies from the Parent Index that are designated as Large/Mid cap companies as defined by the Parent Index and exhibit financial strength and stability (i.e., quality) characteristics. The Underlying Index seeks to enhance risk-return characteristics and have lower volatility to the broader developed ex-US equity market.

ETFs related toQLVD

ETFs correlated to QLVD include EFAV, QEFA, IGRO

QLVD
FlexShares Trust - FlexShares Developed Markets ex-US Quality Low Volatility Index Fund
EFAV
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Min Vol Factor ETF
QEFA
SSgA Active Trust - SPDR MSCI EAFE StrategicFactors SM ETF
IGRO
BlackRock Institutional Trust Company N.A. - iShares International Dividend Growth ETF
VIGI
Vanguard Group, Inc. - Vanguard International Dividend Appreciation ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
GSIE
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta International Equity ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE 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 toQLVD

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with QLVD using Composer

FAQ

QLVD is a Global Ex. US Equities ETF. The Fund 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 Index (the Underlying Index ). The Northern Trust Developed Markets ex-US Quality Low Volatility Index (Underlying Index) is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to the Northern Trust Global Index, excluding the United States. The Underlying Index looks to select companies from the Parent Index that are designated as Large/Mid cap companies as defined by the Parent Index and exhibit financial strength and stability (i.e., quality) characteristics. The Underlying Index seeks to enhance risk-return characteristics and have lower volatility to the broader developed ex-US equity market.

QLVD tracks the Northern Trust Developed Markets ex US Quality Low Volatility Index.

No, QLVD 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, QLVD 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 QLVD is 0.003%. This is the percent change in the value of QLVD over the most recent 1-month period. The 3-month return on QLVD is -0.0143%. This is the percent change in the value of QLVD over the most recent 3-month period.

The standard deviation of QLVD for the past year is 0.1279%. 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 QLVD include PBW, IGF, and ARKK.

ETFs correlated to QLVD include EFAV, QEFA, and IGRO.

ETFs that are inversely correlated to QLVD include EFZ, EPV, and USDU.

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.