FlexShares Quality Dividend Index Fund
U.S. stock index ETF · tracks Northern Trust Quality Dividend Index
As of its 2026 Q2 report, FlexShares Quality Dividend Index Fund held 139 positions with $2.13B in net assets. Its ten largest holdings made up 41.4% of the fund. The QDF share class costs 0.39% a year. Over the 12 months to May 2026, QDF returned 28.9%, with dividends reinvested. In 2026 Q3 it added 20 new positions and exited 28.
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).
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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
AAPLApple, Inc. | 8.07% | $171.70M | 632.8K | $271.35 |
NVDANVIDIA Corp. | 6.67% | $141.86M | 710.8K | $199.57 |
TD SECURITIES (USA) LLC | 4.70% | $99.92M | — | — |
AVGOBroadcom, Inc. | 4.57% | $97.12M | 232.7K | $417.43 |
MSFTMicrosoft Corp. | 3.76% | $79.93M | 196.0K | $407.78 |
CF SECURED LLC | 3.05% | $64.95M | — | — |
GOOGLAlphabet, Inc. | 2.70% | $57.34M | 149.0K | $384.80 |
2.67% | $56.89M | 247.5K | $229.85 | |
ABBVAbbVie, Inc. | 2.63% | $55.86M | 264.3K | $211.32 |
2.62% | $55.80M | 609.8K | $91.50 |
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.
All 139 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.93% |
| Cash & short-term | 7.75% |
| Bonds | 0.89% |
| Derivatives | 0.08% |
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.
By sector
- Information Technology
- 33.6%
- Financials
- 15.0%
- Industrials
- 9.9%
- Health Care
- 8.8%
- 10 other sectors
- 32.8%
- Information Technology
- 33.6%
- Financials
- 15.0%
- Industrials
- 9.9%
- Health Care
- 8.8%
- Consumer Discretionary
- 7.3%
- Communication Services
- 6.3%
- Consumer Staples
- 5.4%
- Real Estate
- 5.0%
- International
- 4.1%
- Other
- 1.9%
- Materials
- 1.0%
- Energy
- 0.9%
- Utilities
- 0.7%
- Cash
- 0.1%
How it has done
QDF share class · total returns with dividends reinvested
Volatility over the last 12 months: 10.81%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
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
- Expense ratio, by class
- 0.39%· QDF 0.39%
- Portfolio turnover
- 41.00% a year · as of 2026 Q1
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
20 new· the largest 8
28 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Floating rate | 84.2% |
| Fixed rate | 15.8% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Understand how this fund fits with the rest.
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