Key stats
About FlexShares International Quality Dividend Dynamic Index Fund
Expense ratio
0.47%
Home page
Inception date
Apr 12, 2013
IQDY aims to capture three attributes that don't always go together: high earnings quality, high dividends, and higher market risk. Quality and dividends often go hand in hand, but these traits are often associated with defensive plays rather than dynamic exposure. The index has a bias on large-caps by selecting its constituents from its parent index, Northern Trust International Large Cap Index but it may also invest in mid-cap stocks. Securities ranking in the lowest quintile of quality, as well as those which do not pay a dividend are excluded. Quality is scored using a proprietary methodology based on management efficiency, profitability, and cash flow. The remaining securities are optimized based on quality, dividend yield, and higher beta (1-1.5x higher than the parent index). The index is reconstituted quarterly starting each February.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks100.00%
Finance28.01%
Energy Minerals7.78%
Consumer Durables7.45%
Consumer Non-Durables7.29%
Producer Manufacturing7.13%
Health Technology6.85%
Electronic Technology6.65%
Non-Energy Minerals5.26%
Transportation4.94%
Process Industries3.79%
Technology Services3.48%
Retail Trade3.31%
Commercial Services2.41%
Distribution Services1.91%
Utilities1.62%
Consumer Services0.88%
Communications0.88%
Industrial Services0.37%
Bonds, Cash & Other0.00%
Stock breakdown by region
Europe44.21%
Asia38.16%
North America6.06%
Oceania5.15%
Latin America3.31%
Africa2.19%
Middle East0.92%
Top 10 holdings
Dividends
Dividend payout history