Key stats
About FlexShares International Quality Dividend Defensive Index Fund
Expense ratio
0.47%
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Inception date
Apr 12, 2013
IQDE delivers a safe and sound portfolio by combining three investment aims: lower market risk (the safe part), stable returns (quality), and a strong dividend stream (the sound part). The index has a bias on large-caps by selecting its constituents from its Parent Index, Northern Trust International Large Cap Index, but it may also invest in mid-cap stocks. Securities ranking in the lowest quintile of quality and non-dividend paying firms are excluded. Quality is scored using a proprietary methodology based on management expertise (e.g. corporate finance activities), profitability, and cash flow. The remaining securities are optimized and weighted based on quality, dividend yield, and lower beta (0.5-1x than the Parent index). The Index is reconstituted quarterly starting each February. The fund was anticipated to merge into ticker: IQDF in June of 2023 but plans were canceled.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.34%
Finance21.88%
Consumer Non-Durables9.55%
Electronic Technology9.07%
Health Technology8.95%
Energy Minerals7.54%
Non-Energy Minerals6.64%
Technology Services5.48%
Transportation5.13%
Utilities4.40%
Retail Trade4.28%
Communications3.82%
Consumer Durables2.63%
Process Industries2.35%
Commercial Services2.01%
Distribution Services1.83%
Producer Manufacturing1.60%
Industrial Services1.32%
Consumer Services0.87%
Bonds, Cash & Other0.66%
Mutual fund0.66%
Stock breakdown by region
Asia41.08%
Europe38.59%
Oceania6.72%
North America5.50%
Latin America3.81%
Middle East3.58%
Africa0.72%
Top 10 holdings
Dividends
Dividend payout history