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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 06/21/2017
Inception12/14/2012
CUSIP33939L852
Total Net Assets$ 66,040,640.33
Shares Outstanding1,650,001
# 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 06/21/2017
SEC Subsidized Yield2
 (as of 05/31/2017)
2.96%
SEC Unsubsidized Yield3
 (as of 05/31/2017)
2.95%
Distribution Yield42.79%
12-Month Dividend Yield52.83%
Weighted Average Dividend Yield*****3.34%
Weighted Average Market Cap125,977,346,670.47
Weighted Average Beta1.14
Price to Earnings (as of  05/31/2017)20.93
Price to Book  (as of 05/31/2017)6.01
Price to Cash Flow  (as of 05/31/2017)13.62
Price to Sales  (as of 05/31/2017)2.70
View Standardized Performance

Market Cap (%)

as of 06/21/2017
Large-Cap79.69
Mid-Cap20.31
Total100.00

Style (%)

as of 06/22/2017
Value56.41
Core32.00
Growth11.59
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 05/31/2017
 1 MonthQTDYTD1 Year3 YearSince Inception
12/14/2012
Market Price-.55-.254.4717.537.5114.03
NAV-.58-.254.6117.537.4914.03
Northern Trust Quality Dividend Dynamic Index (NTUQDDYTR)-.59-.284.6717.967.7614.43
Russell 1000 Index (RU10INTR)1.282.358.5117.489.8215.05

Quarter End Performance (%)

as of 03/31/2017
 1 MonthQTDYTD1 Year3 yearSince Inception
12/14/2012
Market Price-.704.734.7320.498.5114.68
NAV-.754.874.8720.458.4914.68
Northern Trust Quality Dividend Dynamic Index (NTUQDDYTR)-.714.964.9620.968.8415.10
Russell 1000 Index (RU10INTR).066.036.0317.439.9815.05
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 06/21/2017
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 06/21/2017
Price$40.05
Price $ Change$-.11
Price % Change-.26%
Avg Bid/Ask Spread$.04
Bid/Ask Midpoint$40.03
Closing Bid Price$40.01
Closing Ask Price$40.04

NAV Price

as of 06/21/2017
Price$40.02
Price $ Change$-.18
Price % Change-.45%

Trading

as of 06/21/2017
52-Week High$40.86
52-Week Low$32.86
Premium/Discount$ .00
Daily Trading Volume (Shares)1,358
Average Trading Volume (Shares)5,665
Shares Outstanding1,650,001

TOP TEN HOLDINGS

as of 06/21/2017
NameTickerFund
Weight %
SectorMarket CapCountry
JPMORGAN CHASE & CO JPMJPM3.7710FinancialsLarge-CapUnited States
GENERAL ELECTRIC CO GEGE3.3156IndustrialsLarge-CapUnited States
PFIZER INC PFEPFE3.2787Health CareLarge-CapUnited States
HOME DEPOT INC HDHD3.1557Consumer DiscretionaryLarge-CapUnited States
WELLS FARGO & CO WFCWFC3.0880FinancialsLarge-CapUnited States
MERCK & CO. INC. MRKMRK3.0550Health CareLarge-CapUnited States
APPLE INC AAPLAAPL2.9176Information TechnologyLarge-CapUnited States
EXXON MOBIL CORP XOMXOM2.6696EnergyLarge-CapUnited States
BOEING CO/THE BABA2.4445IndustrialsLarge-CapUnited States
ALTRIA GROUP INC MOMO2.2955Consumer StaplesLarge-CapUnited States
3M CO MMMMMM1.8170IndustrialsLarge-CapUnited States
TEXAS INSTRUMENTS INC TXNTXN1.6941Information TechnologyLarge-CapUnited States
ACCENTURE PLC-CL A ACNACN US1.6692Information TechnologyLarge-CapUnited States
UNITED PARCEL SERVICE-CL B UPSUPS1.4449IndustrialsLarge-CapUnited States
PHILIP MORRIS INTERNATIONAL PMPM1.4084Consumer StaplesLarge-CapUnited States
AT&T INC TT1.3854Telecommunication ServicesLarge-CapUnited States
PROCTER & GAMBLE CO/THE PGPG1.3185Consumer StaplesLarge-CapUnited States
CHEVRON CORP CVXCVX1.1822EnergyLarge-CapUnited States
MCDONALDS CORP MCDMCD1.1492Consumer DiscretionaryLarge-CapUnited States
CISCO SYSTEMS INC CSCOCSCO1.1418Information TechnologyLarge-CapUnited States
VERIZON COMMUNICATIONS INC VZVZ1.1399Telecommunication ServicesLarge-CapUnited States
JOHNSON & JOHNSON JNJJNJ1.1243Health CareLarge-CapUnited States
AMGEN INC AMGNAMGN1.0818Health CareLarge-CapUnited States
INTL BUSINESS MACHINES CORP IBMIBM0.9554Information TechnologyLarge-CapUnited States
APPLIED MATERIALS INC AMATAMAT0.9518Information TechnologyLarge-CapUnited States
MORGAN STANLEY MSMS0.9391FinancialsLarge-CapUnited States
PRUDENTIAL FINANCIAL INC PRUPRU0.9271FinancialsLarge-CapUnited States
PHILLIPS 66 PSXPSX0.8965EnergyLarge-CapUnited States
EMERSON ELECTRIC CO EMREMR0.7849IndustrialsLarge-CapUnited States
EATON CORP PLC ETNETN0.7823IndustrialsLarge-CapUnited States
H&R BLOCK INC HRBHRB0.7629Consumer DiscretionaryLarge-CapUnited States
DU PONT (E.I.) DE NEMOURS DDDD0.7398MaterialsLarge-CapUnited States
AFLAC INC AFLAFL0.7128FinancialsLarge-CapUnited States
HP INC HPQHPQ0.7013Information TechnologyLarge-CapUnited States
MANPOWERGROUP INC MANMAN0.6686IndustrialsLarge-CapUnited States
INTUIT INC INTUINTU0.6588Information TechnologyLarge-CapUnited States
CARDINAL HEALTH INC CAHCAH0.6496Health CareLarge-CapUnited States
KLA-TENCOR CORP KLACKLAC0.6485Information TechnologyLarge-CapUnited States
PRINCIPAL FINANCIAL GROUP PFGPFG0.6451FinancialsLarge-CapUnited States
BEST BUY CO INC BBYBBY0.6437Consumer DiscretionaryLarge-CapUnited States
AMERIPRISE FINANCIAL INC AMPAMP0.6412FinancialsLarge-CapUnited States
QUALCOMM INC QCOMQCOM0.6231Information TechnologyLarge-CapUnited States
PPL CORP PPLPPL0.6207UtilitiesLarge-CapUnited States
PATTERSON COS INC PDCOPDCO0.6146Health CareMid-CapUnited States
ASSURED GUARANTY LTD AGOAGO US0.6145FinancialsMid-CapUnited States
J2 GLOBAL INC JCOMJCOM0.6039Information TechnologyMid-CapUnited States
FEDERATED INVESTORS INC-CL B FIIFII0.5902FinancialsMid-CapUnited States
GREIF INC-CL A GEFGEF0.5798MaterialsMid-CapUnited States
EATON VANCE CORP EVEV0.5675FinancialsMid-CapUnited States
RYMAN HOSPITALITY PROPERTIES RHPRHP0.5616Real EstateMid-CapUnited States
CSRA INC CSRACSRA0.5584Information TechnologyMid-CapUnited States
CBL & ASSOCIATES PROPERTIES CBLCBL0.5581Real EstateMid-CapUnited States
VALERO ENERGY CORP VLOVLO0.5554EnergyLarge-CapUnited States
HOST HOTELS & RESORTS INC HSTHST0.5552Real EstateLarge-CapUnited States
NU SKIN ENTERPRISES INC - A NUSNUS0.5530Consumer StaplesMid-CapUnited States
SYMANTEC CORP SYMCSYMC0.5527Information TechnologyLarge-CapUnited States
STAPLES INC SPLSSPLS0.5520Consumer DiscretionaryMid-CapUnited States
CHIMERA INVESTMENT CORP CIMCIM0.5517FinancialsMid-CapUnited States
LAMAR ADVERTISING CO-A LAMRLAMR0.5496Real EstateMid-CapUnited States
HEWLETT PACKARD ENTERPRIS HPEHPE0.5440Information TechnologyLarge-CapUnited States
SINCLAIR BROADCAST GROUP -A SBGISBGI0.5433Consumer DiscretionaryMid-CapUnited States
LYONDELLBASELL INDU-CL A LYBLYB0.5426MaterialsLarge-CapUnited States
WESTERN UNION CO WUWU0.5405Information TechnologyLarge-CapUnited States
TRINSEO SA TSETSE0.5388MaterialsMid-CapUnited States
LASALLE HOTEL PROPERTIES LHOLHO0.5370Real EstateMid-CapUnited States
MAXIM INTEGRATED PRODUCTS MXIMMXIM0.5368Information TechnologyLarge-CapUnited States
PBF ENERGY INC-CLASS A PBFPBF0.5362EnergyMid-CapUnited States
RLJ LODGING TRUST RLJRLJ0.5340Real EstateMid-CapUnited States
TUPPERWARE BRANDS CORP TUPTUP0.5286Consumer DiscretionaryMid-CapUnited States
LPL FINANCIAL HOLDINGS INC LPLALPLA0.5273FinancialsMid-CapUnited States
FRONTIER COMMUNICATIONS CORP FTRFTR0.5251Telecommunication ServicesMid-CapUnited States
MACYS INC MM0.5237Consumer DiscretionaryLarge-CapUnited States
NETAPP INC NTAPNTAP0.5226Information TechnologyLarge-CapUnited States
CORECIVIC INC CXWCXW0.5178Real EstateMid-CapUnited States
HOSPITALITY PROPERTIES TRUST HPTHPT0.5020Real EstateMid-CapUnited States
FAIR ISAAC CORP FICOFICO0.5000Information TechnologyMid-CapUnited States
LINCOLN NATIONAL CORP LNCLNC0.4867FinancialsLarge-CapUnited States
TARGET CORP TGTTGT0.4772Consumer DiscretionaryLarge-CapUnited States
T ROWE PRICE GROUP INC TROWTROW0.4611FinancialsLarge-CapUnited States
FRANKLIN RESOURCES INC BENBEN0.4583FinancialsLarge-CapUnited States
NAVIENT CORP NAVINAVI0.4576FinancialsMid-CapUnited States
BANK OF AMERICA CORP BACBAC0.4533FinancialsLarge-CapUnited States
ONEOK INC OKEOKE0.4526EnergyLarge-CapUnited States
NATL HEALTH INVESTORS INC NHINHI0.4517Real EstateMid-CapUnited States
HUNTSMAN CORP HUNHUN0.4486MaterialsMid-CapUnited States
DOMTAR CORP UFSUFS0.4463MaterialsMid-CapUnited States
CENTERPOINT ENERGY INC CNPCNP0.4310UtilitiesLarge-CapUnited States
CENTURYLINK INC CTLCTL0.4222Telecommunication ServicesLarge-CapUnited States
XEROX CORP XRXXRX0.3922Information TechnologyLarge-CapUnited States
AMERICAN EAGLE OUTFITTERS AEOAEO0.3899Consumer DiscretionaryMid-CapUnited States
CORNING INC GLWGLW0.3893Information TechnologyLarge-CapUnited States
KOHLS CORP KSSKSS0.3862Consumer DiscretionaryMid-CapUnited States
SCIENCE APPLICATIONS INTE SAICSAIC0.3860Information TechnologyMid-CapUnited States
GREIF INC-CL B GEF/BGEF/B0.3731MaterialsMid-CapUnited States
OWENS & MINOR INC OMIOMI0.3708Health CareMid-CapUnited States
GAP INC/THE GPSGPS0.3650Consumer DiscretionaryLarge-CapUnited States
CITIGROUP INC CC0.3643FinancialsLarge-CapUnited States
TE CONNECTIVITY LTD TELTEL US0.3630Information TechnologyLarge-CapUnited States
BLACKROCK INC BLKBLK0.3613FinancialsLarge-CapUnited States
CUMMINS INC CMICMI0.3457IndustrialsLarge-CapUnited States
WALT DISNEY CO/THE DISDIS0.3335Consumer DiscretionaryLarge-CapUnited States
HSN INC HSNIHSNI0.3314Consumer DiscretionaryMid-CapUnited States
CDW CORP/DE CDWCDW0.3234Information TechnologyLarge-CapUnited States
MURPHY OIL CORP MURMUR0.3038EnergyMid-CapUnited States
CA INC CACA0.2929Information TechnologyLarge-CapUnited States
NUCOR CORP NUENUE0.2855MaterialsLarge-CapUnited States
OCCIDENTAL PETROLEUM CORP OXYOXY0.2813EnergyLarge-CapUnited States
ENTERGY CORP ETRETR0.2806UtilitiesLarge-CapUnited States
PACKAGING CORP OF AMERICA PKGPKG0.2720MaterialsLarge-CapUnited States
SEAGATE TECHNOLOGY STXSTX0.2630Information TechnologyLarge-CapUnited States
WP CAREY INC WPCWPC0.2555Real EstateMid-CapUnited States
AES CORP AESAES0.2511UtilitiesLarge-CapUnited States
SUNSTONE HOTEL INVESTORS INC SHOSHO0.2469Real EstateMid-CapUnited States
COCA-COLA CO/THE KOKO0.2444Consumer StaplesLarge-CapUnited States
TEGNA INC TGNATGNA0.2344Consumer DiscretionaryMid-CapUnited States
UNITEDHEALTH GROUP INC UNHUNH0.2242Health CareLarge-CapUnited States
INTERNATIONAL PAPER CO IPIP0.2129MaterialsLarge-CapUnited States
INVESCO LTD IVZIVZ0.2127FinancialsLarge-CapUnited States
PEPSICO INC PEPPEP0.2076Consumer StaplesLarge-CapUnited States
WHIRLPOOL CORP WHRWHR0.2056Consumer DiscretionaryLarge-CapUnited States
WILLIAMS COS INC WMBWMB0.2054EnergyLarge-CapUnited States
GEO GROUP INC/THE GEOGEO0.2015Real EstateMid-CapUnited States
BECTON DICKINSON AND CO BDXBDX0.1857Health CareLarge-CapUnited States
VISA INC-CLASS A SHARES VV0.1767Information TechnologyLarge-CapUnited States
OLD REPUBLIC INTL CORP ORIORI0.1762FinancialsMid-CapUnited States
MFA FINANCIAL INC MFAMFA0.1609FinancialsMid-CapUnited States
PAYCHEX INC PAYXPAYX0.1604Information TechnologyLarge-CapUnited States
LAM RESEARCH CORP LRCXLRCX0.1525Information TechnologyLarge-CapUnited States
LIBERTY PROPERTY TRUST LPTLPT0.1516Real EstateMid-CapUnited States
TESORO CORP TSOTSO0.1473EnergyLarge-CapUnited States
GARMIN LTD GRMNGRMN US0.1473Consumer DiscretionaryLarge-CapUnited States
VEREIT INC VERVER0.1446Real EstateLarge-CapUnited States
TWO HARBORS INVESTMENT CORP TWOTWO0.1446FinancialsMid-CapUnited States
IRON MOUNTAIN INC IRMIRM0.1376Real EstateLarge-CapUnited States
PITNEY BOWES INC PBIPBI0.1375IndustrialsMid-CapUnited States
AGNC INVESTMENT CORP AGNCAGNC0.1308FinancialsLarge-CapUnited States
SPIRIT REALTY CAPITAL INC SRCSRC0.1295Real EstateMid-CapUnited States
WASHINGTON PRIME GROUP INC WPGWPG0.1270Real EstateMid-CapUnited States
ANNALY CAPITAL MANAGEMENT IN NLYNLY0.1227FinancialsLarge-CapUnited States
OMEGA HEALTHCARE INVESTORS OHIOHI0.1219Real EstateLarge-CapUnited States
DDR CORP DDRDDR0.1215Real EstateMid-CapUnited States
SENIOR HOUSING PROP TRUST SNHSNH0.1198Real EstateMid-CapUnited States
CARE CAPITAL PROPERTIES INC CCPCCP0.1181Real EstateMid-CapUnited States
JANUS HENDERSON GROUP PLC JHGJHG US0.1146FinancialsLarge-CapUnited States
EPR PROPERTIES EPREPR0.1085Real EstateMid-CapUnited States
COLONY NORTHSTAR INC-CLASS A CLNSCLNS0.0977Real EstateLarge-CapUnited States
HOLLYFRONTIER CORP HFCHFC0.0732EnergyMid-CapUnited States
UNITED STATES STEEL CORP XX0.0713MaterialsMid-CapUnited States
AMTRUST FINANCIAL SERVICES AFSIAFSI0.0667FinancialsMid-CapUnited States
VECTOR GROUP LTD VGRVGR0.0609Consumer StaplesMid-CapUnited States
DXC TECHNOLOGY CO DXCDXC0.0579Information TechnologyLarge-CapUnited States
GAMING AND LEISURE PROPERTIE GLPIGLPI0.0359Real EstateLarge-CapUnited States
WAL-MART STORES INC WMTWMT0.0308Consumer StaplesLarge-CapUnited States
ACTIVISION BLIZZARD INC ATVIATVI0.0215Information TechnologyLarge-CapUnited States
APPLE HOSPITALITY REIT INC APLEAPLE0.0146Real EstateMid-CapUnited States
WEYERHAEUSER CO WYWY0.0085Real 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.