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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 07/21/2017
Inception12/14/2012
CUSIP33939L852
Total Net Assets$ 60,909,676.69
Shares Outstanding1,500,001
# of Holdings*157
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 07/21/2017
SEC Subsidized Yield2
 (as of 06/30/2017)
3.07%
SEC Unsubsidized Yield3
 (as of 06/30/2017)
3.06%
Distribution Yield42.75%
12-Month Dividend Yield52.78%
Weighted Average Dividend Yield*****3.32%
Weighted Average Market Cap125,281,436,797.91
Weighted Average Beta1.14
Price to Earnings (as of  06/30/2017)21.07
Price to Book  (as of 06/30/2017)5.93
Price to Cash Flow  (as of 06/30/2017)13.57
Price to Sales  (as of 06/30/2017)2.71
View Standardized Performance

Market Cap (%)

as of 07/21/2017
Large-Cap81.17
Mid-Cap18.83
Total100.00

Style (%)

as of 07/21/2017
Value54.94
Core34.22
Growth10.84
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 06/30/2017
 1 MonthQTDYTD1 Year3 YearSince Inception
12/14/2012
Market Price1.731.476.2719.297.2614.19
NAV1.751.506.4419.257.3014.19
Northern Trust Quality Dividend Dynamic Index (NTUQDDYTR)1.751.476.5019.667.5314.58
Russell 1000 Index (RU10INTR).703.069.2718.039.2514.93

Quarter End Performance (%)

as of 06/30/2017
 1 MonthQTDYTD1 Year3 yearSince Inception
12/14/2012
Market Price1.731.476.2719.297.2614.19
NAV1.751.506.4419.257.3014.19
Northern Trust Quality Dividend Dynamic Index (NTUQDDYTR)1.751.476.5019.667.5314.58
Russell 1000 Index (RU10INTR).703.069.2718.039.2514.93
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 07/21/2017
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 07/21/2017
Price$40.60
Price $ Change$.12
Price % Change.30%
Avg Bid/Ask Spread$.05
Bid/Ask Midpoint$40.59
Closing Bid Price$40.57
Closing Ask Price$40.61

NAV Price

as of 07/21/2017
Price$40.61
Price $ Change$-.13
Price % Change-.32%

Trading

as of 07/21/2017
52-Week High$40.86
52-Week Low$34.64
Premium/Discount$-.02
Daily Trading Volume (Shares)13,292
Average Trading Volume (Shares)3,347
Shares Outstanding1,500,001

TOP TEN HOLDINGS

as of 07/20/2017
NameTickerFund
Weight %
SectorMarket CapCountry
JPMORGAN CHASE & CO JPMJPM3.8665FinancialsLarge-CapUnited States
PFIZER INC PFEPFE3.1791Health CareLarge-CapUnited States
WELLS FARGO & CO WFCWFC3.1330FinancialsLarge-CapUnited States
GENERAL ELECTRIC CO GEGE3.1200IndustrialsLarge-CapUnited States
APPLE INC AAPLAAPL2.9452Information TechnologyLarge-CapUnited States
HOME DEPOT INC HDHD2.9021Consumer DiscretionaryLarge-CapUnited States
MERCK & CO. INC. MRKMRK2.8770Health CareLarge-CapUnited States
EXXON MOBIL CORP XOMXOM2.5961EnergyLarge-CapUnited States
BOEING CO/THE BABA2.5278IndustrialsLarge-CapUnited States
ALTRIA GROUP INC MOMO2.1479Consumer StaplesLarge-CapUnited States
3M CO MMMMMM1.7762IndustrialsLarge-CapUnited States
TEXAS INSTRUMENTS INC TXNTXN1.7222Information TechnologyLarge-CapUnited States
ACCENTURE PLC-CL A ACNACN US1.6533Information TechnologyLarge-CapUnited States
UNITED PARCEL SERVICE-CL B UPSUPS1.4592IndustrialsLarge-CapUnited States
PHILIP MORRIS INTERNATIONAL PMPM1.3756Consumer StaplesLarge-CapUnited States
AT&T INC TT1.2990Telecommunication ServicesLarge-CapUnited States
PROCTER & GAMBLE CO/THE PGPG1.2798Consumer StaplesLarge-CapUnited States
CHEVRON CORP CVXCVX1.1594EnergyLarge-CapUnited States
MCDONALDS CORP MCDMCD1.1291Consumer DiscretionaryLarge-CapUnited States
CISCO SYSTEMS INC CSCOCSCO1.1190Information TechnologyLarge-CapUnited States
JOHNSON & JOHNSON JNJJNJ1.1148Health CareLarge-CapUnited States
AMGEN INC AMGNAMGN1.1089Health CareLarge-CapUnited States
VERIZON COMMUNICATIONS INC VZVZ1.0872Telecommunication ServicesLarge-CapUnited States
ONEOK INC OKEOKE1.0300EnergyLarge-CapUnited States
APPLIED MATERIALS INC AMATAMAT1.0098Information TechnologyLarge-CapUnited States
PRUDENTIAL FINANCIAL INC PRUPRU0.9615FinancialsLarge-CapUnited States
MORGAN STANLEY MSMS0.9525FinancialsLarge-CapUnited States
PHILLIPS 66 PSXPSX0.9167EnergyLarge-CapUnited States
INTL BUSINESS MACHINES CORP IBMIBM0.8985Information TechnologyLarge-CapUnited States
EATON CORP PLC ETNETN0.8029IndustrialsLarge-CapUnited States
EMERSON ELECTRIC CO EMREMR0.7905IndustrialsLarge-CapUnited States
DU PONT (E.I.) DE NEMOURS DDDD0.7596MaterialsLarge-CapUnited States
H&R BLOCK INC HRBHRB0.7400Consumer DiscretionaryLarge-CapUnited States
HP INC HPQHPQ0.7346Information TechnologyLarge-CapUnited States
MANPOWERGROUP INC MANMAN0.7244IndustrialsLarge-CapUnited States
AFLAC INC AFLAFL0.6955FinancialsLarge-CapUnited States
AMERIPRISE FINANCIAL INC AMPAMP0.6699FinancialsLarge-CapUnited States
KLA-TENCOR CORP KLACKLAC0.6591Information TechnologyLarge-CapUnited States
ASSURED GUARANTY LTD AGOAGO US0.6531FinancialsMid-CapUnited States
PRINCIPAL FINANCIAL GROUP PFGPFG0.6519FinancialsLarge-CapUnited States
CARDINAL HEALTH INC CAHCAH0.6349Health CareLarge-CapUnited States
STAPLES INC SPLSSPLS0.6306Consumer DiscretionaryLarge-CapUnited States
FEDERATED INVESTORS INC-CL B FIIFII0.6232FinancialsMid-CapUnited States
INTUIT INC INTUINTU0.6227Information TechnologyLarge-CapUnited States
BEST BUY CO INC BBYBBY0.6166Consumer DiscretionaryLarge-CapUnited States
CBL & ASSOCIATES PROPERTIES CBLCBL0.5946Real EstateMid-CapUnited States
NETAPP INC NTAPNTAP0.5913Information TechnologyLarge-CapUnited States
PPL CORP PPLPPL0.5902UtilitiesLarge-CapUnited States
QUALCOMM INC QCOMQCOM0.5847Information TechnologyLarge-CapUnited States
SYMANTEC CORP SYMCSYMC0.5829Information TechnologyLarge-CapUnited States
LYONDELLBASELL INDU-CL A LYBLYB0.5812MaterialsLarge-CapUnited States
GREIF INC-CL A GEFGEF0.5796MaterialsMid-CapUnited States
HEWLETT PACKARD ENTERPRIS HPEHPE0.5756Information TechnologyLarge-CapUnited States
NU SKIN ENTERPRISES INC - A NUSNUS0.5752Consumer StaplesMid-CapUnited States
CSRA INC CSRACSRA0.5748Information TechnologyMid-CapUnited States
EATON VANCE CORP EVEV0.5711FinancialsMid-CapUnited States
TRINSEO SA TSETSE0.5691MaterialsMid-CapUnited States
VALERO ENERGY CORP VLOVLO0.5678EnergyLarge-CapUnited States
J2 GLOBAL INC JCOMJCOM0.5624Information TechnologyMid-CapUnited States
LPL FINANCIAL HOLDINGS INC LPLALPLA0.5604FinancialsMid-CapUnited States
SINCLAIR BROADCAST GROUP -A SBGISBGI0.5547Consumer DiscretionaryMid-CapUnited States
MACYS INC MM0.5478Consumer DiscretionaryLarge-CapUnited States
MAXIM INTEGRATED PRODUCTS MXIMMXIM0.5467Information TechnologyLarge-CapUnited States
PATTERSON COS INC PDCOPDCO0.5417Health CareMid-CapUnited States
WESTERN UNION CO WUWU0.5361Information TechnologyLarge-CapUnited States
PBF ENERGY INC-CLASS A PBFPBF0.5340EnergyMid-CapUnited States
CORECIVIC INC CXWCXW0.5314Real EstateMid-CapUnited States
LAMAR ADVERTISING CO-A LAMRLAMR0.5305Real EstateMid-CapUnited States
HOST HOTELS & RESORTS INC HSTHST0.5277Real EstateLarge-CapUnited States
FAIR ISAAC CORP FICOFICO0.5226Information TechnologyMid-CapUnited States
CHIMERA INVESTMENT CORP CIMCIM0.5221FinancialsMid-CapUnited States
RYMAN HOSPITALITY PROPERTIES RHPRHP0.5175Real EstateMid-CapUnited States
LINCOLN NATIONAL CORP LNCLNC0.5108FinancialsLarge-CapUnited States
RLJ LODGING TRUST RLJRLJ0.5079Real EstateMid-CapUnited States
LASALLE HOTEL PROPERTIES LHOLHO0.5057Real EstateMid-CapUnited States
TARGET CORP TGTTGT0.5049Consumer DiscretionaryLarge-CapUnited States
TUPPERWARE BRANDS CORP TUPTUP0.5048Consumer DiscretionaryMid-CapUnited States
T ROWE PRICE GROUP INC TROWTROW0.5014FinancialsLarge-CapUnited States
HUNTSMAN CORP HUNHUN0.4794MaterialsLarge-CapUnited States
FRANKLIN RESOURCES INC BENBEN0.4747FinancialsLarge-CapUnited States
DOMTAR CORP UFSUFS0.4695MaterialsMid-CapUnited States
HOSPITALITY PROPERTIES TRUST HPTHPT0.4628Real EstateMid-CapUnited States
BANK OF AMERICA CORP BACBAC0.4595FinancialsLarge-CapUnited States
FRONTIER COMMUNICATIONS CORP FTRFTR0.4564Telecommunication ServicesMid-CapUnited States
NATL HEALTH INVESTORS INC NHINHI0.4332Real EstateMid-CapUnited States
KOHLS CORP KSSKSS0.4253Consumer DiscretionaryLarge-CapUnited States
CENTERPOINT ENERGY INC CNPCNP0.4232UtilitiesLarge-CapUnited States
NAVIENT CORP NAVINAVI0.4188FinancialsMid-CapUnited States
HSN INC HSNIHSNI0.4185Consumer DiscretionaryMid-CapUnited States
AMERICAN EAGLE OUTFITTERS AEOAEO0.4156Consumer DiscretionaryMid-CapUnited States
CORNING INC GLWGLW0.4063Information TechnologyLarge-CapUnited States
XEROX CORP XRXXRX0.4052Information TechnologyLarge-CapUnited States
CENTURYLINK INC CTLCTL0.3929Telecommunication ServicesLarge-CapUnited States
GAP INC/THE GPSGPS0.3838Consumer DiscretionaryLarge-CapUnited States
SCIENCE APPLICATIONS INTE SAICSAIC0.3741Information TechnologyMid-CapUnited States
TE CONNECTIVITY LTD TELTEL US0.3718Information TechnologyLarge-CapUnited States
CITIGROUP INC CC0.3710FinancialsLarge-CapUnited States
OWENS & MINOR INC OMIOMI0.3658Health CareMid-CapUnited States
BLACKROCK INC BLKBLK0.3593FinancialsLarge-CapUnited States
GREIF INC-CL B GEF/BGEF/B0.3547MaterialsMid-CapUnited States
CUMMINS INC CMICMI0.3498IndustrialsLarge-CapUnited States
WALT DISNEY CO/THE DISDIS0.3346Consumer DiscretionaryLarge-CapUnited States
CDW CORP/DE CDWCDW0.3213Information TechnologyLarge-CapUnited States
MURPHY OIL CORP MURMUR0.3119EnergyMid-CapUnited States
NUCOR CORP NUENUE0.2994MaterialsLarge-CapUnited States
OCCIDENTAL PETROLEUM CORP OXYOXY0.2784EnergyLarge-CapUnited States
CA INC CACA0.2776Information TechnologyLarge-CapUnited States
PACKAGING CORP OF AMERICA PKGPKG0.2732MaterialsLarge-CapUnited States
ENTERGY CORP ETRETR0.2648UtilitiesLarge-CapUnited States
WP CAREY INC WPCWPC0.2523Real EstateMid-CapUnited States
SEAGATE TECHNOLOGY STXSTX0.2438Information TechnologyLarge-CapUnited States
AES CORP AESAES0.2396UtilitiesLarge-CapUnited States
COCA-COLA CO/THE KOKO0.2372Consumer StaplesLarge-CapUnited States
SUNSTONE HOTEL INVESTORS INC SHOSHO0.2367Real EstateMid-CapUnited States
TEGNA INC TGNATGNA0.2334Consumer DiscretionaryMid-CapUnited States
UNITEDHEALTH GROUP INC UNHUNH0.2274Health CareLarge-CapUnited States
WILLIAMS COS INC WMBWMB0.2270EnergyLarge-CapUnited States
INVESCO LTD IVZIVZ0.2163FinancialsLarge-CapUnited States
INTERNATIONAL PAPER CO IPIP0.2112MaterialsLarge-CapUnited States
PEPSICO INC PEPPEP0.2000Consumer StaplesLarge-CapUnited States
GEO GROUP INC/THE GEOGEO0.1986Real EstateMid-CapUnited States
WHIRLPOOL CORP WHRWHR0.1971Consumer DiscretionaryLarge-CapUnited States
BECTON DICKINSON AND CO BDXBDX0.1911Health CareLarge-CapUnited States
VISA INC-CLASS A SHARES VV0.1796Information TechnologyLarge-CapUnited States
OLD REPUBLIC INTL CORP ORIORI0.1714FinancialsMid-CapUnited States
LAM RESEARCH CORP LRCXLRCX0.1631Information TechnologyLarge-CapUnited States
MFA FINANCIAL INC MFAMFA0.1576FinancialsMid-CapUnited States
TESORO CORP TSOTSO0.1544EnergyLarge-CapUnited States
PAYCHEX INC PAYXPAYX0.1499Information TechnologyLarge-CapUnited States
VEREIT INC VERVER0.1485Real EstateLarge-CapUnited States
LIBERTY PROPERTY TRUST LPTLPT0.1479Real EstateMid-CapUnited States
WASHINGTON PRIME GROUP INC WPGWPG0.1477Real EstateMid-CapUnited States
GARMIN LTD GRMNGRMN US0.1447Consumer DiscretionaryLarge-CapUnited States
PITNEY BOWES INC PBIPBI0.1399IndustrialsMid-CapUnited States
IRON MOUNTAIN INC IRMIRM0.1373Real EstateLarge-CapUnited States
DDR CORP DDRDDR0.1362Real EstateMid-CapUnited States
SPIRIT REALTY CAPITAL INC SRCSRC0.1350Real EstateMid-CapUnited States
TWO HARBORS INVESTMENT CORP TWOTWO0.1333FinancialsMid-CapUnited States
AGNC INVESTMENT CORP AGNCAGNC0.1226FinancialsLarge-CapUnited States
OMEGA HEALTHCARE INVESTORS OHIOHI0.1191Real EstateLarge-CapUnited States
JANUS HENDERSON GROUP PLC JHGJHG US0.1144FinancialsLarge-CapUnited States
ANNALY CAPITAL MANAGEMENT IN NLYNLY0.1139FinancialsLarge-CapUnited States
CARE CAPITAL PROPERTIES INC CCPCCP0.1084Real EstateMid-CapUnited States
EPR PROPERTIES EPREPR0.1053Real EstateMid-CapUnited States
SENIOR HOUSING PROP TRUST SNHSNH0.1042Real EstateMid-CapUnited States
COLONY NORTHSTAR INC-CLASS A CLNSCLNS0.0969Real EstateLarge-CapUnited States
UNITED STATES STEEL CORP XX0.0800MaterialsMid-CapUnited States
HOLLYFRONTIER CORP HFCHFC0.0765EnergyMid-CapUnited States
AMTRUST FINANCIAL SERVICES AFSIAFSI0.0754FinancialsMid-CapUnited States
VECTOR GROUP LTD VGRVGR0.0586Consumer StaplesMid-CapUnited States
DXC TECHNOLOGY CO DXCDXC0.0584Information TechnologyLarge-CapUnited States
GAMING AND LEISURE PROPERTIE GLPIGLPI0.0353Real EstateLarge-CapUnited States
WAL-MART STORES INC WMTWMT0.0301Consumer StaplesLarge-CapUnited States
ACTIVISION BLIZZARD INC ATVIATVI0.0212Information TechnologyLarge-CapUnited States
APPLE HOSPITALITY REIT INC APLEAPLE0.0135Real EstateMid-CapUnited States
WEYERHAEUSER CO WYWY0.0084Real EstateLarge-CapUnited States
SELECT INCOME REIT SIRSIR0.0012Real EstateMid-CapUnited States

DISTRIBUTION SCHEDULE

View by year:
Ex-DateRecord DatePayable DateIncomeShort-Term
Capital Gains
Long-Term
Capital Gains
Return of CapitalTotal Distribution
12/21/201712/22/201712/28/2017
09/18/201709/19/201709/22/2017
06/19/201706/21/201706/23/20170.2781080000.278108
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.