FlexShares US Quality Low Volatility Index Fund (QLV)

FlexShares US Quality Low Volatility Index Fund (QLV) is an exchange-traded fund in the Large Blend category. It has $166.18M in assets, an expense ratio of 0.08% and a 1.50% dividend yield. The underlying index is designed to construct a high-quality universe of companies, that in aggregate, possess lower overall absolute volatility characteristics relative to the Northern Trust 1250 Index (the “Parent Index”), a float-adjusted market capitalization weighted index of U.S. domiciled large- and mid-capitalization companies. Under normal circumstances, the fund will invest at least 80% of its total assets in the securities of the underlying index.