FlexShares Quality Dividend Index Fund

FlexShares Trust · 1 share class

U.S. equity index ETF
One fund, 1 share class:QDF
$2.13B NAV
139 positions · as of 2026-04-30 · filed 2026-06-25

Fund classification

Classified from what the fund holds · as of 2026 Q2

FlexShares Quality Dividend Index Fund is a U.S. equity index ETF that tracks the Northern Trust Quality Dividend Index. 17% of QDF’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
ETF

Fund profile

As filed in the prospectus · 2026 Q1

The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend Index SM (the Underlying Index).

Strategy · summarised

The fund tracks the Northern Trust Quality Dividend Index using representative sampling, holding a sample of securities chosen to match the index's investment profile rather than all constituents. The index selects high-quality dividend-paying U.S. large- and mid-cap stocks from a broad parent index, screens out the lowest-quality quintile, and weights them to maximize quality scores, exceed the parent index's dividend yield, and maintain similar market sensitivity. Because the fund samples rather than replicates the index, its returns may diverge from the index.

Expenses
0.39%one share class
Share classGrossNet
QDF0.40%0.39%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 41.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

107.65%
of net assets
Stocks98.93%
Cash & short-term7.75%
Bonds0.89%
Derivatives0.08%

These positions come to 107.65% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology31.0%
Financials15.1%
Health Care9.2%
Industrials8.8%
9 smaller35.9%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
17%of stock holdings in top-quartile growers
covering 97% of the fund’s equity
Earnings growth
20%of stock holdings in top-quartile growers
covering 89% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 19 new13 exited

Largest new: EWBC, FRT, REG, ORI, RYN, CRBG, CLX, AES

Largest exited: LOW, BPOP, MAA, LAMR, KRC, SWKS, TMUS, WMT

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+31.25%
3-year
+65.45%
5-year
+73.34%
Volatility
11.29%
Worst 3-yr fall
-9.06%
Cumulative return· May 2023 – Apr 2026

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30

Avg coupon
3.96%
Avg maturity
0.32 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

84%
floating
Floating rate84.2%
Fixed rate15.8%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y
<1y100.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Apple, Inc.AAPL8.07%$171.70M
NVIDIA Corp.NVDA6.67%$141.86M
THE BANK OF NOVA SCOTIA, TORONTO4.70%$99.92M
Broadcom, Inc.AVGO4.57%$97.12M
Microsoft Corp.MSFT3.76%$79.93M
CF SECURED LLC3.05%$64.95M
Alphabet, Inc.GOOGL2.70%$57.34M
Johnson & JohnsonJNJ2.67%$56.89M
AbbVie, Inc.ABBV2.63%$55.86M
Cisco Systems, Inc.CSCO2.62%$55.80M
Showing 10 of 139Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 41.44% of net assets, top 25 64.41%, across 133 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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