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FlexShares Quality Dividend Dynamic Index Fund

Objective and Strategy

The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend Dynamic IndexSM (Underlying Index).

Different, by Design

1. Assess the current financial state of US companies based on a proprietary quality factor
2. Maximize exposure to quality and dividends while maintaining a beta generally greater than 1
3. Utilize constraints in an effort to minimize the overall risk of the strategy

Spotlight on QDYN

Fund Facts

as of 03/23/2017
Inception12/14/2012
CUSIP33939L852
Total Net Assets$ 69,200,880.92
Shares Outstanding1,750,001
# of Holdings*144
Gross Expense Ratio.38%
Net Expense Ratio**.37%
Index ProviderNORTHERN TRUST
Primary ExchangeNYSE
MarginableY
Derivative UseY
*Cash positions and derivatives such as futures and currency forwards are not included in the number of holdings.

**Northern Trust Investments, Inc. ("NTI" or "Investment Adviser") has contractually agreed to reimburse the fees and expenses of the Trust’s independent trustees and their independent legal counsel until March 1, 2018.

Tickers

ETF TickerQDYN
Related IndexNTUQDDY
NAVQDYN.NV
IOPVQDYN.IV
Shares OutstandingQDYN.SO
Estimated CashQDYN.EU
Total CashQDYN.TC

Fund Characteristics1

 as of 03/23/2017
SEC Subsidized Yield2
 (as of 02/28/2017)
2.99%
SEC Unsubsidized Yield3
 (as of 02/28/2017)
2.98%
Distribution Yield42.25%
12-Month Dividend Yield52.86%
Weighted Average Dividend Yield*****3.38%
Weighted Average Market Cap124,122,727,625.28
Weighted Average Beta1.16
Price to Earnings (as of  02/28/2017)21.38
Price to Book  (as of 02/28/2017)5.81
Price to Cash Flow  (as of 02/28/2017)14.26
Price to Sales  (as of 02/28/2017)2.84
View Standardized Performance

Market Cap (%)

as of 03/23/2017
Large-Cap80.92
Mid-Cap18.40
Small-Cap.28
Micro-Cap.40
Total100.00

Style (%)

as of 03/24/2017
Value55.33
Core33.85
Growth10.82
Total100.00

SECTOR ALLOCATIONS

Performance information presented on this website is historical, and is not indicative of future results. Investment returns and principal may vary, and at the time of sale an investment may be worth more or worth less than its original value. For most recent month end performance please call 1-855-353-9383 (1-855-FlexETF). All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. The fund inception date is generally several days prior to when the fund begins trading. NAV prices are used to calculate market price performance prior to 12/19/2012, when the fund first traded on the New York Stock Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. They do not represent the returns you would receive if you traded shares at other times. Index performance does not represent FlexShares fund performance. It is not possible to invest directly in an index.

Definitions

1Glossary contains definitions of widely used investment terms found on this page.
2SEC Subsidized Yield
The 30-Day SEC Subsidized Yield is computed under an SEC standardized formula based on net income earned over the past 30 days. It is a "subsidized" yield, which means it includes contractual expense reimbursements and it would be lower without those reimbursements. It may also include an inflation adjustment that can cause the yield to vary substantially from one month to the next.
3SEC Unsubsidized Yield
The 30-Day SEC Unsubsidized Yield calculation is also computed under the same SEC standardized formula based on net income earned over the past 30 days, but excludes contractual expense reimbursements, resulting in a lower yield. It may also include an inflation adjustment that can cause the yield to vary substantially from one month to the next.
4Distribution Yield
This yield is calculated by taking the most recent distribution annualized and dividing by the fund NAV from the as of date. For Funds that distribute monthly, an NA will be displayed if the fund has not distributed within the last 35 days.
512-Month Dividend Yield
This yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV.

Month End Performance (%)

as of 02/28/2017
 1 MonthQTDYTD1 Year3 YearSince Inception
12/14/2012
Market Price4.625.475.4730.789.5115.19
NAV4.685.665.6630.889.5515.20
Northern Trust Quality Dividend Dynamic Index (NTUQDDYTR)4.715.715.7131.449.9815.62
Russell 1000 Index (RU10INTR)3.875.965.9625.5310.1915.36

Quarter End Performance (%)

as of 12/31/2016
 1 MonthQTDYTD1 Year3 yearSince Inception
12/14/2012
Market Price2.047.2417.9217.927.7714.33
NAV2.077.0717.6617.667.7214.29
Northern Trust Quality Dividend Dynamic Index (NTUQDDYTR)2.117.1618.1318.138.1314.71
Russell 1000 Index (RU10INTR)1.883.8312.0512.058.5814.37
Performance information presented on this website is historical, and is not indicative of future results. Investment returns and principal may vary, and at the time of sale an investment may be worth more or worth less than its original value. For most recent month end performance please call 1-855-353-9383 (1-855-FlexETF). All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. The fund inception date is generally several days prior to when the fund begins trading. NAV prices are used to calculate market price performance prior to 12/19/2012, when the fund first traded on the New York Stock Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. They do not represent the returns you would receive if you traded shares at other times. Index performance does not represent FlexShares fund performance. It is not possible to invest directly in an index.

Expense Ratios

as of 03/23/2017
Gross Expense Ratio.38%
Net Expense Ratio*.37%
*Northern Trust Investments, Inc. ("NTI" or "Investment Adviser") has contractually agreed to reimburse the fees and expenses of the Trust’s independent trustees and their independent legal counsel until March 1, 2018.


Definitions

  • Net Asset Value (NAV)
    NAV is a fund’s price per share, which is calculated by dividing the total value of all the securities in the fund’s portfolio plus cash, interest and receivables less any liabilities by the number of fund shares outstanding.
  • Market Price
    Because ETFs trade like stocks, ETF shares trade at market value on the secondary market, which can be a dollar value above (trading at a premium) or below (trading at a discount) the fund’s NAV.

Market Price

as of 03/23/2017
Price$39.53
Price $ Change$-.03
Price % Change-.08%
Avg Bid/Ask Spread$.03
Bid/Ask Midpoint$39.55
Closing Bid Price$39.54
Closing Ask Price$39.55

NAV Price

as of 03/23/2017
Price$39.54
Price $ Change$-.05
Price % Change-.13%

Trading

as of 03/23/2017
52-Week High$40.86
52-Week Low$32.86
Premium/Discount$ .00
Daily Trading Volume (Shares)4,392
Average Trading Volume (Shares)4,618
Shares Outstanding1,750,001

TOP TEN HOLDINGS

as of 03/23/2017
NameTickerFund
Weight %
SectorMarket CapCountry
JPMORGAN CHASE & CO JPMJPM3.9228FinancialsLarge-CapUnited States
GENERAL ELECTRIC CO GEGE3.6769IndustrialsLarge-CapUnited States
PHILIP MORRIS INTERNATIONAL PMPM3.6431Consumer StaplesLarge-CapUnited States
PFIZER INC PFEPFE3.4659Health CareLarge-CapUnited States
WELLS FARGO & CO WFCWFC3.4165FinancialsLarge-CapUnited States
MERCK & CO. INC. MRKMRK3.1331Health CareLarge-CapUnited States
APPLE INC AAPLAAPL2.8661Information TechnologyLarge-CapUnited States
BOEING CO/THE BABA2.2032IndustrialsLarge-CapUnited States
TEXAS INSTRUMENTS INC TXNTXN1.7443Information TechnologyLarge-CapUnited States
HOME DEPOT INC HDHD1.6950Consumer DiscretionaryLarge-CapUnited States
3M CO MMMMMM1.6677IndustrialsLarge-CapUnited States
ACCENTURE PLC-CL A ACNACN US1.6126Information TechnologyLarge-CapUnited States
AT&T INC TT1.5915Telecommunication ServicesLarge-CapUnited States
DU PONT (E.I.) DE NEMOURS DDDD1.5185MaterialsLarge-CapUnited States
UNITED PARCEL SERVICE-CL B UPSUPS1.4759IndustrialsLarge-CapUnited States
VERIZON COMMUNICATIONS INC VZVZ1.4277Telecommunication ServicesLarge-CapUnited States
PROCTER & GAMBLE CO/THE PGPG1.4219Consumer StaplesLarge-CapUnited States
CHEVRON CORP CVXCVX1.2742EnergyLarge-CapUnited States
CISCO SYSTEMS INC CSCOCSCO1.2174Information TechnologyLarge-CapUnited States
INTL BUSINESS MACHINES CORP IBMIBM1.2121Information TechnologyLarge-CapUnited States
ALTRIA GROUP INC MOMO1.1671Consumer StaplesLarge-CapUnited States
EXXON MOBIL CORP XOMXOM1.1226EnergyLarge-CapUnited States
JOHNSON & JOHNSON JNJJNJ1.0669Health CareLarge-CapUnited States
PRUDENTIAL FINANCIAL INC PRUPRU0.9753FinancialsLarge-CapUnited States
MCDONALDS CORP MCDMCD0.9739Consumer DiscretionaryLarge-CapUnited States
ABBVIE INC ABBVABBV0.9542Health CareLarge-CapUnited States
OCCIDENTAL PETROLEUM CORP OXYOXY0.9422EnergyLarge-CapUnited States
MORGAN STANLEY MSMS0.9362FinancialsLarge-CapUnited States
AMGEN INC AMGNAMGN0.9039Health CareLarge-CapUnited States
EMERSON ELECTRIC CO EMREMR0.8726IndustrialsLarge-CapUnited States
APPLIED MATERIALS INC AMATAMAT0.8620Information TechnologyLarge-CapUnited States
EATON CORP PLC ETNETN0.7625IndustrialsLarge-CapUnited States
HP INC HPQHPQ0.6930Information TechnologyLarge-CapUnited States
TARGET CORP TGTTGT0.6905Consumer DiscretionaryLarge-CapUnited States
H&R BLOCK INC HRBHRB0.6792Consumer DiscretionaryMid-CapUnited States
KLA-TENCOR CORP KLACKLAC0.6701Information TechnologyLarge-CapUnited States
QUALCOMM INC QCOMQCOM0.6594Information TechnologyLarge-CapUnited States
CORNING INC GLWGLW0.6586Information TechnologyLarge-CapUnited States
CUMMINS INC CMICMI0.6567IndustrialsLarge-CapUnited States
T ROWE PRICE GROUP INC TROWTROW0.6480FinancialsLarge-CapUnited States
PRINCIPAL FINANCIAL GROUP PFGPFG0.6387FinancialsLarge-CapUnited States
MANPOWERGROUP INC MANMAN0.6309IndustrialsLarge-CapUnited States
AFLAC INC AFLAFL0.6213FinancialsLarge-CapUnited States
CORECIVIC INC CXWCXW0.6184Real EstateMid-CapUnited States
FRANKLIN RESOURCES INC BENBEN0.6175FinancialsLarge-CapUnited States
VALERO ENERGY CORP VLOVLO0.6134EnergyLarge-CapUnited States
LAMAR ADVERTISING CO-A LAMRLAMR0.6105Real EstateLarge-CapUnited States
SEAGATE TECHNOLOGY STXSTX0.6096Information TechnologyLarge-CapUnited States
AMERIPRISE FINANCIAL INC AMPAMP0.6067FinancialsLarge-CapUnited States
PPL CORP PPLPPL0.6032UtilitiesLarge-CapUnited States
SYMANTEC CORP SYMCSYMC0.5960Information TechnologyLarge-CapUnited States
ENTERGY CORP ETRETR0.5943UtilitiesLarge-CapUnited States
PACKAGING CORP OF AMERICA PKGPKG0.5935MaterialsLarge-CapUnited States
PAYCHEX INC PAYXPAYX0.5909Information TechnologyLarge-CapUnited States
GREIF INC-CL A GEFGEF0.5877MaterialsMid-CapUnited States
OWENS & MINOR INC OMIOMI0.5874Health CareMid-CapUnited States
CHIMERA INVESTMENT CORP CIMCIM0.5861FinancialsMid-CapUnited States
NUCOR CORP NUENUE0.5821MaterialsLarge-CapUnited States
J2 GLOBAL INC JCOMJCOM0.5783Information TechnologyMid-CapUnited States
WP CAREY INC WPCWPC0.5645Real EstateMid-CapUnited States
NETAPP INC NTAPNTAP0.5630Information TechnologyLarge-CapUnited States
TRINSEO SA TSETSE0.5627MaterialsMid-CapUnited States
ASSURED GUARANTY LTD AGOAGO US0.5589FinancialsMid-CapUnited States
BANK OF AMERICA CORP BACBAC0.5545FinancialsLarge-CapUnited States
XEROX CORP XRXXRX0.5539Information TechnologyLarge-CapUnited States
EATON VANCE CORP EVEV0.5393FinancialsMid-CapUnited States
RYMAN HOSPITALITY PROPERTIES RHPRHP0.5361Real EstateMid-CapUnited States
MAXIM INTEGRATED PRODUCTS MXIMMXIM0.5355Information TechnologyLarge-CapUnited States
AMERICAN EAGLE OUTFITTERS AEOAEO0.5314Consumer DiscretionaryMid-CapUnited States
BEST BUY CO INC BBYBBY0.5294Consumer DiscretionaryLarge-CapUnited States
ONEOK INC OKEOKE0.5260EnergyLarge-CapUnited States
HSN INC HSNIHSNI0.5250Consumer DiscretionaryMid-CapUnited States
SCIENCE APPLICATIONS INTE SAICSAIC0.5233Information TechnologyMid-CapUnited States
KOHLS CORP KSSKSS0.5182Consumer DiscretionaryLarge-CapUnited States
SUNSTONE HOTEL INVESTORS INC SHOSHO0.5157Real EstateMid-CapUnited States
MACYS INC MM0.5154Consumer DiscretionaryLarge-CapUnited States
LPL FINANCIAL HOLDINGS INC LPLALPLA0.5098FinancialsMid-CapUnited States
LINCOLN NATIONAL CORP LNCLNC0.5081FinancialsLarge-CapUnited States
GREAT PLAINS ENERGY INC GXPGXP0.5079UtilitiesMid-CapUnited States
OUTFRONT MEDIA INC OUTOUT0.5071Real EstateMid-CapUnited States
NAVIENT CORP NAVINAVI0.5030FinancialsMid-CapUnited States
UNITI GROUP INC UNITUNIT0.4967Real EstateMid-CapUnited States
CA INC CACA0.4949Information TechnologyLarge-CapUnited States
FAIR ISAAC CORP FICOFICO0.4826Information TechnologyMid-CapUnited States
WESTERN UNION CO WUWU0.4611Information TechnologyLarge-CapUnited States
LASALLE HOTEL PROPERTIES LHOLHO0.4590Real EstateMid-CapUnited States
GAMESTOP CORP-CLASS A GMEGME0.4479Consumer DiscretionaryMid-CapUnited States
HOST HOTELS & RESORTS INC HSTHST0.4470Real EstateLarge-CapUnited States
TEGNA INC TGNATGNA0.4425Consumer DiscretionaryMid-CapUnited States
TUPPERWARE BRANDS CORP TUPTUP0.4421Consumer DiscretionaryMid-CapUnited States
HOSPITALITY PROPERTIES TRUST HPTHPT0.4338Real EstateMid-CapUnited States
CENTURYLINK INC CTLCTL0.4326Telecommunication ServicesLarge-CapUnited States
AES CORP AESAES0.4261UtilitiesLarge-CapUnited States
HELMERICH & PAYNE HPHP0.4198EnergyLarge-CapUnited States
GAP INC/THE GPSGPS0.4153Consumer DiscretionaryLarge-CapUnited States
TE CONNECTIVITY LTD TELTEL US0.4052Information TechnologyLarge-CapUnited States
OVERSEAS SHIPHOLDING GROUP-A OSGOSG0.4021EnergyMicro-CapUnited States
FEDERATED INVESTORS INC-CL B FIIFII0.3966FinancialsMid-CapUnited States
PITNEY BOWES INC PBIPBI0.3964IndustrialsMid-CapUnited States
STAPLES INC SPLSSPLS0.3934Consumer DiscretionaryMid-CapUnited States
RLJ LODGING TRUST RLJRLJ0.3897Real EstateMid-CapUnited States
NU SKIN ENTERPRISES INC - A NUSNUS0.3702Consumer StaplesMid-CapUnited States
LYONDELLBASELL INDU-CL A LYBLYB0.3628MaterialsLarge-CapUnited States
GREIF INC-CL B GEF/BGEF/B0.3544MaterialsMid-CapUnited States
BLACKROCK INC BLKBLK0.3085FinancialsLarge-CapUnited States
ABBOTT LABORATORIES ABTABT0.2897Health CareLarge-CapUnited States
RR DONNELLEY & SONS CO RRDRRD0.2784IndustrialsSmall-CapUnited States
OCEANEERING INTL INC OIIOII0.2343EnergyMid-CapUnited States
COCA-COLA CO/THE KOKO0.2317Consumer StaplesLarge-CapUnited States
METLIFE INC METMET0.2246FinancialsLarge-CapUnited States
WALT DISNEY CO/THE DISDIS0.2191Consumer DiscretionaryLarge-CapUnited States
CITIGROUP INC CC0.2176FinancialsLarge-CapUnited States
GEO GROUP INC/THE GEOGEO0.2164Real EstateMid-CapUnited States
INVESCO LTD IVZIVZ0.2142FinancialsLarge-CapUnited States
UNITEDHEALTH GROUP INC UNHUNH0.2037Health CareLarge-CapUnited States
PEPSICO INC PEPPEP0.2009Consumer StaplesLarge-CapUnited States
INTERNATIONAL PAPER CO IPIP0.1976MaterialsLarge-CapUnited States
CENTERPOINT ENERGY INC CNPCNP0.1824UtilitiesLarge-CapUnited States
VISA INC-CLASS A SHARES VV0.1689Information TechnologyLarge-CapUnited States
MFA FINANCIAL INC MFAMFA0.1566FinancialsMid-CapUnited States
HUNTSMAN CORP HUNHUN0.1557MaterialsMid-CapUnited States
GARMIN LTD GRMNGRMN US0.1454Consumer DiscretionaryLarge-CapUnited States
IRON MOUNTAIN INC IRMIRM0.1441Real EstateLarge-CapUnited States
LIBERTY PROPERTY TRUST LPTLPT0.1424Real EstateMid-CapUnited States
TWO HARBORS INVESTMENT CORP TWOTWO0.1378FinancialsMid-CapUnited States
SINCLAIR BROADCAST GROUP -A SBGISBGI0.1366Consumer DiscretionaryMid-CapUnited States
HOLLYFRONTIER CORP HFCHFC0.1347EnergyMid-CapUnited States
TESORO CORP TSOTSO0.1344EnergyLarge-CapUnited States
WHIRLPOOL CORP WHRWHR0.1311Consumer DiscretionaryLarge-CapUnited States
EPR PROPERTIES EPREPR0.1128Real EstateMid-CapUnited States
SENIOR HOUSING PROP TRUST SNHSNH0.1123Real EstateMid-CapUnited States
BGC PARTNERS INC-CL A BGCPBGCP0.1095FinancialsMid-CapUnited States
LEXINGTON REALTY TRUST LXPLXP0.1047Real EstateMid-CapUnited States
OLD REPUBLIC INTL CORP ORIORI0.1033FinancialsMid-CapUnited States
VECTOR GROUP LTD VGRVGR0.1010Consumer StaplesMid-CapUnited States
FRONTIER COMMUNICATIONS CORP FTRFTR0.0955Telecommunication ServicesMid-CapUnited States
OMEGA HEALTHCARE INVESTORS OHIOHI0.0857Real EstateLarge-CapUnited States
PBF ENERGY INC-CLASS A PBFPBF0.0763EnergyMid-CapUnited States
SELECT INCOME REIT SIRSIR0.0718Real EstateMid-CapUnited States
APPLE HOSPITALITY REIT INC APLEAPLE0.0641Real EstateMid-CapUnited States
DOMTAR CORP UFSUFS0.0486MaterialsMid-CapUnited States
MURPHY OIL CORP MURMUR0.0374EnergyMid-CapUnited States
MATTEL INC MATMAT0.0361Consumer DiscretionaryLarge-CapUnited States
MEDICAL PROPERTIES TRUST INC MPWMPW0.0255Real EstateMid-CapUnited States

DISTRIBUTION SCHEDULE

View by year:
Ex-DateRecord DatePayable DateIncomeShort-Term
Capital Gains
Long-Term
Capital Gains
Return of CapitalTotal Distribution
12/21/201712/26/201712/28/2017
09/18/201709/20/201709/22/2017
06/19/201706/21/201706/23/2017
03/20/201703/22/201703/24/20170.2196370000.219637
12/22/201612/27/201612/29/20160.3224360000.322436
09/19/201609/21/201609/23/20160.3107910000.310791
06/20/201606/22/201606/24/20160.2770110000.277011
03/21/201603/23/201603/28/20160.0826880000.082688
12/29/201512/31/201501/05/20160.5741700000.574170
09/18/201509/22/201509/24/20150.2692520000.269252
06/19/201506/23/201506/25/20150.2562210000.256221
03/20/201503/24/201503/26/20150.2073590000.207359
12/29/201412/31/201401/05/20150.2722380000.272238
09/19/201409/23/201409/25/20140.1891940000.189194
06/20/201406/24/201406/26/20140.2623980000.262398
03/21/201403/25/201403/27/20140.1708130000.170813
12/27/201312/31/201301/03/20140.3026700000.302670
09/03/201309/05/201309/09/20130.2490070000.249007
06/03/201306/05/201306/07/20130.1584110000.158411
03/01/201303/05/201303/07/20130.1048930000.104893
12/27/201212/31/201201/03/20130.0366800000.036680

The Northern Trust Quality Dividend Dynamic Index is designed to provide exposure to a high-quality income-oriented portfolio of long-only U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall beta that is generally between 1.0 to 1.5 times that of the Northern Trust 1250 Index (Parent Index). Companies included in the index are selected based on expected dividend payment and fundamental factors such as profitability, solid management, and reliable cash flow.