QLC
FlexShares US Quality Large Cap Index Fund
The FlexShares US Quality Large Cap Index Fund ETF tracks an index of the highest quality large-caps, as defined by Northern Trust's proprietary scoring model.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 922.4 M
ASSETS UNDER MGMT
25 bp
EXPENSES
Fund Basics
| Inception date | Sep 23, 2015 |
| Regulation | Open-End Investment Company |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| NVIDIA CORP | 7.4 % |
| APPLE INC | 7.0 % |
| ALPHABET INC. CLASS A | 4.9 % |
| ALPHABET INC. CLASS C | 4.4 % |
| MICROSOFT CORP | 4.0 % |
| BROADCOM INC. | 3.4 % |
| AMAZON.COM INC | 2.6 % |
| JPMORGAN CHASE & CO | 1.9 % |
| BERKSHIRE HATHAWAY INC-CL B | 1.9 % |
| CITIGROUP INC | 1.7 % |
Constituent Breakdown
| Number of holdings | 178 |
| Herfindahl-Hirschman Index | 231 |
| Wgt avg mkt cap (mns) | $1,368,367 |
| Large cap (>$10bn) | 98.5% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.3% |
| Emerging mkts. | 0.2% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 98.0 % |
 |
IRELAND | 0.7 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 5.9% | 35.2% | 23.1% | 23.3% | 13.4% | 12.6% | -- | 12.5% |
| Dividend Yield | 0.0% | 1.2% | 1.2% | 1.3% | 1.3% | 1.6% | -- | 1.6% |
| Total Returns | 5.9% | 36.4% | 24.3% | 24.6% | 14.7% | 14.2% | -- | 14.1% | Ann. Volatility | 15.2% | 13.0% | 16.4% | 15.0% | 16.9% | 18.9% | -- | 19.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.02 | 96% |
| MSCI EAFE | 0.66 | 54% |
| MSCI Emg Mkts | 0.51 | 53% |
Liquidity Measures
| Avg. volume (000) | 36 |
| ADV traded (mns) | $3 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| 30d moving avg. (EMA) | $84.16 |
| Relative strength (RSI) | 64 |
| MACD/Signal | 1.50/1.39 |
| Bollinger Bands (Upper/Lower) | $87.67/$82.88 |
| Short interest (% of AUM) | 0.3% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. QLC |
Expenses vs. QLC |
ALTAR Score™ vs. QLC |
|---|---|---|---|---|
| FLQL | Franklin LibertyQ U.S. Equity ETF | 60.5% | -10 bp | 0.0% |
| LRGF | iShares U.S. Equity Factor ETF | 58.5% | -17 bp | +0.2% |
| SPYX | State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF | 57.7% | -5 bp | -0.7% |
| SPXE | ProShares S&P 500 Ex-Energy ETF | 57.6% | -16 bp | -0.6% |
| GSLC | Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 57.3% | -16 bp | -0.2% |
| IWL | iShares Russell Top 200 ETF | 57.3% | -10 bp | -0.8% |
| OEF | iShares S&P 100 ETF | 57.2% | -5 bp | -0.9% |
| XVV | iShares ESG Screened S&P 500 ETF | 57.1% | -17 bp | -0.5% |
| FELC | Fidelity Enhanced Large Cap Core ETF | 57.1% | -7 bp | -0.2% |
| GSUS | Goldman Sachs MarketBeta U.S. Equity ETF | 57.0% | -18 bp | -0.5% |
Risk and Returns: QLC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/16/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.2%
ALTAR SCORE™
46th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,207 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. QLC's ALTAR Score™ is approximately -0.1 standard
deviations above the category average. This places QLC in the 46th percentile
among funds in the category.
Sell-Side Consensus
$99.09
PRICE TARGET
+12.8%
UPSIDE