Key stats
About FlexShares Quality Dividend Defensive Index Fund
Expense ratio
0.37%
Home page
Inception date
Dec 14, 2012
ISIN
US33939L8458
QDEF approaches the total market segment with a high-dividend/low-volatility strategy. The index initially removes non-dividend payers and lowest-scoring securities in terms of quality from its parent index, the Northern Trust 1250 Index. Quality is scored using a proprietary methodology based on management efficiency, dividend policy, profitability, and cash flow. The remaining securities are selected and weighted using an optimization process that aims to maximize the overall quality score, attain a higher dividend yield, and achieve a lower beta (0.5 to 1x) relative to the parent index. Caps on individual securities, sectors, and industries are employed to manage diversification. The fund is rebalanced on a quarterly basis.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Health Technology
Stock breakdown by region