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ETFs

FlexShares International Quality Dividend Defensive Index Fund

IQDE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 12 2013
Expense Ratio
0.47%
Type
Global Ex. US Equities
Fund Owner
Flexshares (Northern Trust)
Volume (1m avg. daily)
$89,203
AUM
$29,850,019
Associated Index
Northern Trust International Quality Dividend Defensive Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

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Invest with IQDE

What is IQDE?

IQDE pursues a strategy that, in line with its stated investment objective, provides exposure to international securities while providing dividend payments. It is intended as a core international stock market option that also helps investors try to meet their income needs. The strategy applies a proprietary scoring model approach that determines a "quality factor" and an optimization process that seeks to maximize this factor, target a beta lower than the Parent Index (Northern Trust International Large Cap IndexSM) and improve on the Parent Indexs dividend yield.

ETFs related toIQDE

ETFs correlated to IQDE include IQDF, DFAX, VYMI

IQDE
FlexShares Trust - FlexShares International Quality Dividend Defensive Index Fund
IQDF
FlexShares Trust - FlexShares International Quality Dividend Index Fund
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
DOL
WisdomTree Trust - WisdomTree International LargeCap Dividend Index
DWM
WisdomTree Trust - WisdomTree International Equity Fund
FNDF
Schwab Strategic Trust - Schwab Fundamental International Large Company Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIQDE

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

#DAVID

Copy David Swensen

Category

Classic, Copy the Greats

Risk Rating

Moderate

Create your own algorithmic trading strategy with IQDE using Composer

FAQ

IQDE is a Global Ex. US Equities ETF. IQDE pursues a strategy that, in line with its stated investment objective, provides exposure to international securities while providing dividend payments. It is intended as a core international stock market option that also helps investors try to meet their income needs. The strategy applies a proprietary scoring model approach that determines a "quality factor" and an optimization process that seeks to maximize this factor, target a beta lower than the Parent Index (Northern Trust International Large Cap IndexSM) and improve on the Parent Indexs dividend yield.

IQDE tracks the Northern Trust International Quality Dividend Defensive Index.

IQDE dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, IQDE is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IQDE is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IQDE is -0.0423%. This is the percent change in the value of IQDE over the most recent 1-month period. The 3-month return on IQDE is -0.0125%. This is the percent change in the value of IQDE over the most recent 3-month period.

The standard deviation of IQDE for the past year is 0.1734%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IQDE include IGF, EFG, and PBW.

ETFs correlated to IQDE include IQDF, DFAX, and VYMI.

ETFs that are inversely correlated to IQDE include EPV, EDZ, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.