QDEF

FlexShares Quality Dividend Defensive

FlexShares Quality Dividend Defensive Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Northern Trust Quality Dividend Defensive Index.


7.0%

ALTAR Score™
Trend in ALTAR Score™
Percentile: 71st

OVERWEIGHT

Recommendation
Fund Basics
Fund sponsorNorthern Trust Investments Inc
CategoryUS Equities
Asset classEquity
Websitelink...
Inception dateDec 14, 2012
Assets (mns)$362
Expense ratio37 bp
CurrencyUSD
Constituent Breakdown
No. of constituents160
Herfindahl-Hirschman Index 127
Wgt avg mkt cap (mns)$154,657
Large cap (>$10bn)77.7%
Mid cap ($2-10bn)22.2%
Small cap (<$2bn)0.2%
Developed mkts.100.0%
Emerging mkts.0.0%
Fund Structure
RegulationOpen-End Investment Company
DistributionsQuarterly
Taxation1099
Stock selectionProprietary
WeightingMulti-Factor
Smart-betaYes
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
JOHNSON & JOHNSON 3.7 %
CISCO SYSTEMS INC 3.4 %
EXXON MOBIL CORP 3.2 %
MICROSOFT CORP 2.9 %
APPLE INC 2.6 %
PHILIP MORRIS INTERNATIONAL 2.2 %
BROADCOM INC. 2.0 %
ALTRIA GROUP INC 1.9 %
INTL BUSINESS MACHINES CORP 1.9 %
TEXAS INSTRUMENTS INC 1.9 %
Sector Breakdown
Country Exposure
UNITED STATES 96.5 %
BERMUDA 1.0 %
IRELAND 0.7 %
CANADA 0.1 %
Historical Performance


Standardized Annual Returns (as of 02/28/2019)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
11.2% 6.4% 9.5% 13.8% 10.2% 0.0% 13.3%
Market Correlations
versus...BetaR-squared
S&P 5000.9093%
MSCI EAFE0.6445%
MSCI Emg Mkts0.3930%
Liquidity Measures
Avg. volume (000)25
Turnover0.3%
Avg. Bid/Ask (% of price)0.07%
ADV of underlying (mns)$67,176
Technical Indicators
Recent close$44.15
30d moving avg.$43.66
Annualized volatility10.5%
Relative strength (RSI)70
Short interest (ETF)0.3%
Short interest (underlying)3.6%
Distributions
Total Cost of Ownership Detail
  QDEF Difference
Fund expenses -- --
Bid/Ask spread -- --
Round-trip commission -- -- --
Total Cost of Ownership -- -- --

Total Cost of Ownership over Time


Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Alternative ETFs
Ticker Fund Name Overlap
vs. QDEF
Expenses
vs. QDEF
ALTAR Score™
vs. QDEF
QDF FlexShares Quality Dividend 67.5% 0 bp +0.4%
QDYN FlexShares Quality Dividend Dynamic 47.2% 0 bp +0.3%
OUSA O'Shares FTSE U.S. Quality Dividend 44.7% +11 bp -1.4%
DLN WisdomTree Large Cap Dividend 44.4% -9 bp -0.3%
OYLD Oppenheimer Russell 1000 Yield Factor 42.5% -18 bp -0.1%
DTD WisdomTree Total Dividend 42.0% -9 bp -0.2%
FDRR Fidelity Dividend for Rising Rates 41.6% -8 bp +0.9%
VYM Vanguard High Dividend Yield ETF 40.2% -37 bp +0.1%
FLQL Franklin LibertyQ U.S. Equity 38.6% -12 bp -0.5%
DGRO iShares Core Dividend Growth 38.3% -29 bp -0.5%
DIVB iShares U.S. Dividend & Buyback 38.0% -12 bp -0.3%
OVOL Oppenheimer Russell 1000 Low Volatility Factor 37.6% -18 bp -1.0%
JQUA JPMorgan U.S. Quality Factor 37.4% -25 bp -1.3%
FDVV Fidelity Core Dividend 37.4% -8 bp +0.5%
FNDX Schwab Fundamental Large Cap 37.3% -12 bp -0.4%
QLC FlexShares US Quality Large Cap 36.8% -5 bp +0.2%
XLG Invesco S&P Top 50 36.6% -17 bp -1.5%
OEF iShares S&P 100 36.3% -17 bp -1.3%
OMFL Oppenheimer Russell 1000 Dynamic Multifactor 36.0% -8 bp -2.0%
FNDB Schwab Fundamental Broad Mkt 35.9% -12 bp -0.5%

Content on this tab for Individual & Professional subscribers only

Results & Estimates
  2014 2015 2016 2017 2018 2019E 2020E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only

Valuation Metrics
  2018 2019E 2020E
Price-to-sales --x --x --x
Price-to-earnings --x --x --x
Price-to-cash flow --x --x --x
Price-to-growth --x --x --x
Price-to-book value --x --x --x
Yield --% --% --%

Some content on this tab for Individual & Professional subscribers only

ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

QDEF

7.0%

Cat. Avg

5.8%

Fund Category: US Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™7.0%
Recommendation

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

Category Overview
There are 658 funds in the US Equities category, with an average ALTAR Score™ of 5.8% and a standard deviation of 2.2%. QDEF's ALTAR Score™ is approximately 0.5 standard deviations above the category average. This places QDEF in the 71st percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Breakdown
Composite
QDEF
Peer Average
SELL
U/W
HOLD
O/W
BUY



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Today's Trading

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Where to Trade QDEF
Commission
on QDEF1
# of Commission
-free ETFs2
 
$0.00 2,326
$0.00 2,102
$1.00 54
$4.95 500
$4.95 357
$4.95 114
$6.95 308
$6.95 291
Notes: 1. Commission of $0.00 indicates the fund is on the firm's recently published "Commission Free" list. Non-zero commissions represent each firm's standard commission rate based on our periodic review of firms' websites. Your commission may vary depending on account type and other factors. "Commission Free" ETF trades may be subject to additional requirements including minimum holding periods. 2. Not a complete list. Subject to change.
Portfolio composition files licensed from DTCC. Fundamental data for individual fund constituents sourced from FactSet Research Systems.