QLVD
FlexShares Developed Markets ex-US Quality Low Volatility Index Fund
The FlexShares Developed Markets ex-US Quality Low Volatility Index ETF tracks a multi-factor selected index of large- and mid-cap equities from developed markets excluding the United States.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 51.3 M
ASSETS UNDER MGMT
32 bp
EXPENSES
Fund Basics
| Inception date | Jul 15, 2019 |
| Regulation | Open-Ended Fund |
| 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
| NOVARTIS AG | 3.8 % |
| ROYAL BANK OF CANADA | 2.5 % |
| UNILEVER PLC | 2.2 % |
| MITSUBISHI CORP | 1.9 % |
| CAN IMPERIAL BK OF COMMERCE | 1.8 % |
| SANOFI-AVENTIS | 1.8 % |
| AIR LIQUIDE SA | 1.7 % |
| NESTLE SA-REG | 1.7 % |
| ASML HOLDING NV | 1.7 % |
| IBERDROLA SA | 1.6 % |
Constituent Breakdown
| Number of holdings | 187 |
| Herfindahl-Hirschman Index | 102 |
| Wgt avg mkt cap (mns) | $70,290 |
| Large cap (>$10bn) | 86.7% |
| Mid cap ($2-10bn) | 7.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 95.5% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
JAPAN | 19.5 % |
 |
CANADA | 16.0 % |
 |
SWITZERLAND | 11.7 % |
 |
FRANCE | 8.6 % |
 |
HONG KONG | 6.3 % |
 |
BRITAIN | 5.4 % |
 |
SINGAPORE | 5.3 % |
 |
NETHERLANDS | 5.1 % |
 |
GERMANY | 4.5 % |
 |
ISRAEL | 3.1 % |
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 | 4.8% | 9.7% | 13.2% | 8.1% | 4.2% | -- | -- | 4.3% |
| Dividend Yield | 0.0% | 3.1% | 3.3% | 3.3% | 3.1% | -- | -- | 2.8% |
| Total Returns | 4.8% | 12.7% | 16.5% | 11.4% | 7.2% | -- | -- | 7.1% | Ann. Volatility | 13.2% | 10.5% | 11.4% | 10.9% | 11.8% | -- | -- | 14.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.40 | 22% |
| MSCI EAFE | 0.61 | 70% |
| MSCI Emg Mkts | 0.34 | 35% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.59% |
Technical Indicators
| 30d moving avg. (EMA) | $33.23 |
| Relative strength (RSI) | 51 |
| MACD/Signal | -0.02/0.00 |
| Bollinger Bands (Upper/Lower) | $34.10/$32.66 |
| Short interest (% of AUM) | 0.4% |
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. QLVD |
Expenses vs. QLVD |
ALTAR Score™ vs. QLVD |
|---|---|---|---|---|
| EFAV | iShares MSCI EAFE Min Vol Factor ETF | 45.1% | -10 bp | +0.1% |
| QEFA | SPDR MSCI EAFE StrategicFactors ETF | 32.8% | -2 bp | +0.4% |
| DWMF | WisdomTree International Multifactor Fund | 31.2% | +6 bp | +1.3% |
| IDLV | Invesco S&P International Developed Low Volatility ETF | 28.4% | -7 bp | +0.6% |
| DIVI | Franklin International Core Dividend Tilt Index ETF | 27.8% | -23 bp | +0.8% |
| LCTD | BlackRock World ex U.S. Carbon Transition Readiness ETF | 27.5% | -12 bp | -0.1% |
| RODM | Hartford Multifactor Developed Markets (ex-US) ETF | 26.8% | -3 bp | +1.3% |
| HDMV | First Trust Horizon Managed Volatility Developed Intl ETF | 26.4% | +48 bp | -0.1% |
| HDEF | Xtrackers MSCI EAFE High Dividend Yield Equity ETF | 25.6% | -23 bp | +2.2% |
| GSIE | Goldman Sachs ActiveBeta International Equity ETF | 25.4% | -7 bp | +0.6% |
Risk and Returns: QLVD 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 5/17/2026
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
6.2%
ALTAR SCORE™
49th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 347 funds in the International Equity category with an average
ALTAR Score™ of 6.2% and a standard deviation
of 1.6%. QLVD's ALTAR Score™ is approximately 0.0 standard
deviations above the category average. This places QLVD in the 49th percentile
among funds in the category.
Sell-Side Consensus
$37.38
PRICE TARGET
+14.1%
UPSIDE