FlexShares US Quality Low Volatility Index Fund (QLV)
Description
The investment seeks to track the performance of the Northern Trust Quality Low Volatility Index. The QLV ETF contains 107 constituents. It is focused on blend holdings in the North America region.
Price $47.12 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 1.48% |
| Expense ratio | 0.22% |
| Average spread | 0.064% |
| 1Y roundtrip cost | 0.284% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -6.1% | -2.8% | 6.1% | -5.1% | -0.7% | -4.5% | 5.1% | -3.5% | -6.5% | 1.6% | -16.5% | ||
| 2021 | -1.0% | -0.5% | 4.5% | 5.1% | 0.2% | 2.3% | 4.4% | 2.5% | -5.6% | 7.7% | -1.0% | 5.3% | 24.1% |
| 2020 | 2.1% | -9.2% | -11.9% | 10.1% | 5.1% | 0.4% | 4.7% | 5.6% | -2.9% | -3.8% | 8.4% | 3.4% | 11.8% |
| 2019 | 1.2% | 0.4% | 0.5% | 2.6% | 1.9% | 6.6% | |||||||
| -5.0% | -12.5% | -1.3% | 10.1% | 4.6% | -1.8% | 14.1% | 5.7% | -14.6% | 6.0% | 10.0% | 10.7% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.15 | 0.18 | 0.22 | 0.54 | |||||||||
| 2021 | 0.12 | 0.14 | 0.14 | 0.15 | 0.55 | ||||||||
| 2020 | 0.12 | 0.12 | 0.13 | 0.20 | 0.56 | ||||||||
| 2019 | 0.08 | 0.16 | 0.24 | ||||||||||
| 0.00 | 0.00 | 0.38 | 0.00 | 0.00 | 0.44 | 0.00 | 0.00 | 0.56 | 0.00 | 0.00 | 0.51 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Microsoft Corporation | 9.11% |
| Apple Inc. | 4.55% |
| Home Depot, Inc. | 4.39% |
| Johnson & Johnson | 4.07% |
| Adobe Inc. | 2.86% |
| Alphabet Inc. Class C | 2.76% |
| Visa Inc. Class A | 2.46% |
| Costco Wholesale Corporation | 2.43% |
| Alphabet Inc. Class A | 2.33% |
| Eli Lilly and Company | 2.33% |
| Walmart Inc. | 2.11% |
| Accenture Plc Class A | 1.97% |
| Intuit Inc. | 1.86% |
| Target Corporation | 1.45% |
| Mastercard Incorporated Class A | 1.44% |
| Top 15 Weights | 46.12% |
Compare with similar ETFs
| QLV | FDLO | FLLV | LVOL | QULL | SPMV | |
|---|---|---|---|---|---|---|
| Product name | FlexShares US Quality Low Volatility Index Fund | Fidelity Low Volatility Factor ETF | Franklin Liberty U.S. Low Volatility ETF | Russell 1000 Low Volatility ETF | ETRACS 2x Leveraged MSCI US Quality Factor TR ETN | iShares Edge S&P 500 Minimum Volatility UCITS ETF |
| Issuer | FlexShares | Fidelity | Franklin | American Century | ETRACS | Invesco |
| Price | $47.119 | $44.01 | $43.549 | $39.574 | $19.451 | $34.123 |
| Expense Ratio | 0.22% |  0.29% | 0.29% | 0.29% | 0.95% |  0.1% |
| Average Spread | 0.064% | 0.114% | 0.138% | 0.126% | 0.257% | 0.176% |
| AUM | $138,124,000 | $444,633,000 | $121,427,000 | $5,909,070 | $19,084,800 | $21,788,000 |
| Shares | 2,931,382 | 10,102,991 | 2,788,286 | 149,317 | 981,172 | 638,514 |
| Average Daily Volume | 6,570 | 56,653 | 11,510 | 573 | 1,020 | 1,050 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2019-07-15 | 2016-09-12 | 2016-09-20 | 2021-01-12 | 2021-02-05 | 2017-07-13 |
| Index Tracked | Northern Trust Quality Low Volatility Index | Fidelity U.S. Low Volatility Factor Index | No Underlying Index | No Underlying Index | MSCI USA Sector Neutral Quality Index | S&P 500 Minimum Volatitlity Index |
| Category | Volatility Hedged Equity | Volatility Hedged Equity | Volatility Hedged Equity | Large Cap Blend Equities | Leveraged Equities | Large Cap Growth Equities |
| Asset Class | Equity | Equity | Equity | Equity | Equity | Equity |
| Asset Class Size | Large Caps | Large Caps | Large Caps | Large Caps | Large Caps | |
| Value or Growth | Blend | Growth | Blend | Blend | Blend | |
| Region | North America | North America | North America | North America | North America | |
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $0.697 | $0.506 | $0.76 | $0.476 | $0 | $0.471 |
| Annual Dividend Yield | 0.015% | 0.011% | 0.017% | 0.012% | 0.000% | 0.014% |
| Number of Holdings | 107 | 127 | 90 | 78 | 97 | |
| YTD Return | -16.16% | -14.93% | -14.31% | -19.23% | -49.22% | -17.26% |
| Beta | 0.83 | 0.87 | 0.87 | 0.78 | 2.09 | 0.85 |
| Upside Beta | 0.55 | 0.58 | 0.65 | -0.17 | -0.82 | 0.60 |
| Downside Beta | 0.37 | 0.19 | 0.21 | -0.39 | -1.30 | 0.47 |
| Volatility 1Y | 17.72% | 18.23% | 18.12% | 18.67% | 50.37% | 18.40% |
| Sharpe Ratio 3Y | 0.45 | 0.55 | 0.55 | 0.00 | 0.00 | 0.36 |
| Treynor Ratio 3Y | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 |