| Fund Description |
| The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex US Quality Low Volatility Index (the Underlying Index ). The Northern Trust Developed Markets ex-US Quality Low Volatility Index (Underlying Index) is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to the Northern Trust Global Index, excluding the United States. The Underlying Index looks to select companies from the Parent Index that are designated as Large/Mid cap companies as defined by the Parent Index and exhibit financial strength and stability (i.e., quality) characteristics. The Underlying Index seeks to enhance risk-return characteristics and have lower volatility to the broader developed ex-US equity market. |
| Fund Profile |
| Fund Name |
Flexshares Developed Markets EX-US Quality Low Volatility Index Fund |
| Fund Exchange Ticker |
QLVD |
| Fund Sponsor |
Flexshares (Northern Trust) |
| Fund ISIN |
US33939L6478 |
| Net Expense Ratio |
0.32 % |
| Fund Inception Date |
15 July 2019 |
| Fund Legal Structure |
ETF (Open end fund) |
| Exchange |
NYSE Arca |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
Global or ExUS Equities - Factor & Thematic |
| Asset Class |
Equities (Stocks) |
| Index Linked |
Passive |
| Index Name |
Northern Trust Developed Markets ex US Quality Low Volatility Index |
| Index Provider |
Northern Trust |
| Currency Hedged |
No |
| Inverse / Leveraged |
Not Applicable |
| Developed / Emerging |
Developed Market Funds |
| Market Capitalization Range |
Broad Market / Multi-Cap |
| Growth Value |
Core / Blend |
| Continent |
Not Applicable |
| Key Statistics |
| Return As of Date |
17 March 2023 |
| Asset Under Management |
75.21 Million (USD) |
| 1 Month Total Return |
-2.90 % |
| Year To Date Return |
0.83 % |
| 1 Year Total Return |
-9.76 % |
| 3 Year Annualized Total Return |
5.29 % |
| NAV |
24.26 |
| Share Outstanding |
3,100,000 |
| Top 10 Holdings (17 March 2023) |
| Constituent Name |
Constituent Ticker |
Constituent Type |
Weighting |
| NESTLE SA COMMON STOCK CHF 0.1 |
NESN |
EQUI |
0.0445480000 |
| ROCHE HOLDING AG COMMON STOCK CHF 0 |
ROG |
EQUI |
0.0370780000 |
| NOVO NORDISK A/S COMMON STOCK DKK 0.2 |
NOVOB |
EQUI |
0.0256220000 |
| UNILEVER PLC COMMON STOCK GBP 3.1111 |
ULVR |
EQUI |
0.0254770000 |
| SANOFI COMMON STOCK EUR 2 |
SAN |
EQUI |
0.0242580000 |
| ROYAL BANK OF CANADA COMMON STOCK CAD 0 |
RY |
EQUI |
0.0214220000 |
| AIR LIQUIDE SA COMMON STOCK EUR 5.5 |
AI |
EQUI |
0.0190870000 |
| SHELL PLC |
SHEL |
EQUI |
0.0181180000 |
| SUMITOMO MITSUI FINANCIAL GR |
8316 |
EQUI |
0.0124530000 |
| KDDI CORP COMMON STOCK JPY |
9433 |
EQUI |
0.0118870000 |