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ETFs

FlexShares International Quality Dividend Index Fund

IQDF
$--
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)
$1,299,998
AUM
$530,670,021
Associated Index
Northern Trust International Quality Dividend Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

RY
ROYAL BANK OF CANADA COMMON STOCK CAD 0
2.72%
BHP
BHP Group Limited
2.22%
NOVOB
NOVO NORDISK A/S COMMON STOCK DKK 0.2
2.22%
OR
LOREAL SA COMMON STOCK EUR 0.2
2.20%
NESN
Nestle SA
2.04%
ROG
Roche Holding AG
1.87%
NOVN
Novartis AG - Registered Shares
1.71%
ASML
ASML HOLDING NV COMMON STOCK EUR 0.09
1.57%
RIO
RIO TINTO PLC COMMON STOCK GBP 10
1.51%
GSK
GSK PLC COMMON STOCK GBP 31.25
1.34%
Invest with IQDF

What is IQDF?

IQDF 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, match the beta of the Parent Index (Northern Trust International Large Cap IndexSM) and improve on the Parent Indexs dividend yield.

ETFs related toIQDF

ETFs correlated to IQDF include DFAX, VEU, ACWX

IQDF
FlexShares Trust - FlexShares International Quality Dividend Index Fund
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
SCHF
Schwab Strategic Trust - Schwab International Equity 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 toIQDF

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

#TOTAL

The Total Package

Category

Getting Started, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with IQDF using Composer

FAQ

IQDF is a Global Ex. US Equities ETF. IQDF 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, match the beta of the Parent Index (Northern Trust International Large Cap IndexSM) and improve on the Parent Indexs dividend yield.

IQDF tracks the Northern Trust International Quality Dividend Index.

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

No, IQDF 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, IQDF 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 IQDF is -0.0189%. This is the percent change in the value of IQDF over the most recent 1-month period. The 3-month return on IQDF is 0.0359%. This is the percent change in the value of IQDF over the most recent 3-month period.

The standard deviation of IQDF for the past year is 0.1929%. 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 IQDF include ARKK, TAN, and EFG.

ETFs correlated to IQDF include DFAX, VEU, and ACWX.

ETFs that are inversely correlated to IQDF 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.