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
$ 60.9 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 | 3.6 % |
| UNILEVER PLC | 2.6 % |
| ROYAL BANK OF CANADA | 2.4 % |
| SANOFI-AVENTIS | 2.0 % |
| NESTLE SA-REG | 1.7 % |
| AIR LIQUIDE SA | 1.6 % |
| CAN IMPERIAL BK OF COMMERCE | 1.6 % |
| MUENCHENER RUECKVER AG-REG | 1.5 % |
| IBERDROLA SA | 1.5 % |
| MITSUBISHI CORP | 1.4 % |
Constituent Breakdown
| Number of holdings | 184 |
| Herfindahl-Hirschman Index | 98 |
| 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. | 94.7% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
JAPAN | 19.9 % |
 |
CANADA | 15.6 % |
 |
SWITZERLAND | 12.7 % |
 |
FRANCE | 8.3 % |
 |
HONG KONG | 6.3 % |
 |
BRITAIN | 6.1 % |
 |
GERMANY | 4.8 % |
 |
NETHERLANDS | 4.7 % |
 |
SINGAPORE | 4.7 % |
 |
ISRAEL | 2.8 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 9.4% | 23.5% | 15.4% | 12.4% | 6.2% | -- | -- | 5.1% |
| Dividend Yield | 0.0% | 3.7% | 3.5% | 3.5% | 3.2% | -- | -- | 2.9% |
| Total Returns | 9.4% | 27.2% | 18.8% | 15.9% | 9.4% | -- | -- | 8.0% | Ann. Volatility | 8.0% | 11.6% | 10.7% | 10.4% | 11.5% | -- | -- | 14.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.33 | 31% |
| MSCI EAFE | 0.59 | 70% |
| MSCI Emg Mkts | 0.39 | 36% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.56% |
Technical Indicators
| 30d moving avg. (EMA) | $32.93 |
| Relative strength (RSI) | 43 |
| MACD/Signal | -0.38/-0.25 |
| Bollinger Bands (Upper/Lower) | $34.19/$31.65 |
| Short interest (% of AUM) | 0.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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 | 47.2% | -10 bp | +0.0% |
| QEFA | SPDR MSCI EAFE StrategicFactors ETF | 33.8% | -2 bp | +0.6% |
| RODM | Hartford Multifactor Developed Markets (ex-US) ETF | 29.7% | -3 bp | +1.6% |
| IDLV | Invesco S&P International Developed Low Volatility ETF | 29.1% | -7 bp | +0.8% |
| DWMF | WisdomTree International Multifactor Fund | 28.1% | +6 bp | +1.2% |
| CIL | VictoryShares International Volatility Wtd ETF | 26.4% | +13 bp | +0.2% |
| DIVI | Franklin International Core Dividend Tilt Index ETF | 26.0% | -23 bp | +1.2% |
| LCTD | BlackRock World ex U.S. Carbon Transition Readiness ETF | 25.8% | -12 bp | +0.2% |
| HDMV | First Trust Horizon Managed Volatility Developed Intl ETF | 25.6% | +48 bp | +0.1% |
| HDEF | Xtrackers MSCI EAFE High Dividend Yield Equity ETF | 25.4% | -23 bp | +2.3% |
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 4/2/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
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
6.1%
ALTAR SCORE™
41st
PERCENTILE
NEUTRAL
ETFRC RATING
There are 346 funds in the International Equity category with an average
ALTAR Score™ of 6.4% and a standard deviation
of 1.6%. QLVD's ALTAR Score™ is approximately -0.2 standard
deviations above the category average. This places QLVD in the 41st percentile
among funds in the category.
Sell-Side Consensus
$37.06
PRICE TARGET
+12.0%
UPSIDE