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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)
$41,476
AUM
$27,748,019
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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Nestle SA
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Sumitomo Mitsui Financial Group Inc
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NOVN
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Taiwan Semiconductor Manufacturing
1.19%
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, VYMI, DFAX

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

#DGE

Diversify with Global Exposure

Category

Momentum, Tactical Asset Allocation, Go Global, Diversification

Risk Rating

Aggressive

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 0.0109%. This is the percent change in the value of IQDE over the most recent 1-month period. The 3-month return on IQDE is 0.0031%. 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 0.1525%. 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 PBW, IGF, and ARKK.

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

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

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.