QDEF

FlexShares Quality Dividend Defensive Index Fund
*Unless otherwise stated, data provided by FactSet.

QDEF Fund Description

QDEF tracks an index of companies with higher dividend yields and lower betas chosen from the Northern Trust 1250 Index.

QDEF Factset Analytics Insight

QDEF approaches the Total Market segment with a high-dividend/low-volatility strategy. The fund attempts to build a portfolio of high-quality, low-beta companies with relatively high dividend yields by selecting and weighting firms based on management efficiency, dividend policy, profitability, and cash flow. The portfolio is therefore a significant departure from our market-cap-weighted benchmark, and risk tends to be lower. QDEF overweights defensive sectors and delivers higher yield. QDEF enjoys middling liquidity at the retail level, while underlying liquidity is excellent for block trades. While QDEF's fee isn't cheap, it is reasonable considering the fund's niche exposure, though it tends to lag its index by considerably more than its fee, raising holding costs further.

QDEF MSCI ESG Analytics Insight

FlexShares Quality Dividend Defensive Index Fund has an MSCI ESG Fund Rating of BBB based on a score of 4.96 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FlexShares Quality Dividend Defensive Index Fund ranks in the 40th percentile within its peer group and in the 41st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

QDEF MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

QDEF Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 10/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QDEF 0.16% 0.17% 17.64% 8.68% 11.79% 10.66% --
QDEF (NAV) 0.09% 0.15% 17.77% 8.73% 11.82% 10.72% --
Northern Trust Quality Dividend Defensive (TR) 0.12% 0.23% 18.60% 9.41% 12.69% 11.41% --
MSCI USA IMI -0.71% -0.14% 20.72% 9.23% 13.57% 11.52% 12.88%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QDEF Summary Data

FlexShares
12/14/12
Open-Ended Fund
0.37%
$443.90M
$1.38M
0.05%

QDEF Portfolio Data

$164.93B
19.44
3.32
6.10%
09/20/19
159

QDEF Index Data

Northern Trust Quality Dividend Defensive (TR)
Multi-Factor
Proprietary
MSCI USA IMI

QDEF Portfolio Management

0.37%
-1.09%
-0.67%
-1.42%

QDEF Tax Exposures

20.00% / 39.60%
1.24%
Qualified dividends
No

QDEF Fund Structure

Open-Ended Fund
No
Yes
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

QDEF Factset Analytics Block Liquidity

As of 10/21/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of QDEF. QDEF is rated a 5 out of 5.

QDEF Tradability

30,610
$1.38M
25,511
$1.13M
0.05%
$0.02
0.04%
0.42% / -0.31%
None
100.00%
50,000
0.51
0.03%
0.01%
0
$45.67
5

QDEF Sector/Industry Breakdown


QDEF
Segment Benchmark
18.63%
25.86%
17.16%
17.10%
14.63%
13.59%
12.42%
13.35%
10.37%
6.97%
8.33%
10.51%
6.64%
4.26%
6.49%
3.45%
3.37%
2.03%
1.95%
2.89%

QDEF Countries


QDEF
Segment Benchmark
99.90%
99.92%
0.10%
0.08%

QDEF Regions


QDEF
Segment Benchmark
100.00%
100.00%

QDEF Economic Development


QDEF
Segment Benchmark
100.00%
100.00%

QDEF Performance Statistics

0.95
0.85
0.86
0.87
0.23%
MSCI USA IMI

QDEF MSCI ESG Ratings

BBB
4.96 / 10
40.96
40.03
8.12%
5.90%
250.14

QDEF Benchmark Comparison Holdings

159
2421
156
32.49%

QDEF Benchmark Comparison Summary


QDEF
Segment Benchmark
159
2421
$164.93B
$203.73B
19.44
23.97
3.32
3.15
3.14%
1.87%
Low
Low

QDEF Benchmark Comparison Market Cap Size


QDEF
Segment Benchmark
77.57%
82.69%
22.22%
12.91%
0.20%
3.96%
0.00%
0.44%