QLVD

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund

$31.48

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) seeks to track the performance of the Northern Trust Developed Markets ex-US Quality Low Volatility Index, which is designed to provide exposure to high-quality, low-volatility companies in developed markets outside the United States.

Overview

ETF tracking FlexShares Developed Markets ex-US Quality Low Volatility Index Fund

Category International

Issuer Other

Inception Date 2019-07-16

Market Cap $61.4M

Average Volume N/A

Dividend Yield 2.61%

52-Week Range $26.14 - $31.73

VWAP $31.51

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund employs a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The index selects and weights companies based on a combination of quality and low volatility factors, with the goal of providing exposure to developed market stocks with potentially lower risk characteristics.

✨ Key Features

Focuses on developed market stocks outside the US with a quality and low volatility tilt
Employs a passive, index-tracking investment strategy
Aims to provide exposure to potentially lower-risk developed market equities
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Exposure to developed market equities, which can be subject to market volatility and economic conditions
Potential underperformance compared to the broader developed markets index due to the quality and low volatility focus
Currency risk as the fund invests in non-US securities
Tracking error risk as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to developed market equities outside the US with a focus on quality and low volatility characteristics. It may be appropriate for investors with a moderate risk tolerance who are looking to potentially reduce overall portfolio volatility.