Key stats
About FlexShares Quality Dividend Index Fund
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Inception date
Dec 14, 2012
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Northern Trust Investments, Inc.(Investment Management)
Distributor
Foreside Fund Services LLC
ISIN
US33939L8607
QDF targets neutral market risk using a multi-factor model, aiming for high yield from 'quality' dividend payers. The index initially removes non-dividend payers and lowest-scoring securities in terms of quality from its parent index, the Northern Trust 1250 Index. Quality is scored using a proprietary scoring model based on management efficiency, profitability, and cash flow. The index selects and weights remaining securities based on an optimization process that aims to maximize the overall quality score, attain a higher dividend yield, and achieve a similar beta relative to the parent index. The result of this process is not a radically different portfolio from the market. On June 30, 2023, the ETF acquired the assets and liabilities of the FlexShares Quality Dividend Dynamic Index Fund (ticker: QDYN), which had $16.79 million in assets.
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Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Health Technology
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
QDF assets under management is 1.98 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
QDF invests in stocks. See more details in our Analysis section.
QDF expense ratio is 0.37%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, QDF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, QDF pays dividends to its holders with the dividend yield of 1.70%.
QDF shares are issued by Northern Trust Corp.
QDF follows the Northern Trust Quality Dividend (TR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 14, 2012.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.