Is FlexShares US Quality Large Cap ETF (QLC) a Strong ETF Right Now?

From Nasdaq: 2024-05-10 06:20:05

The FlexShares US Quality Large Cap ETF (QLC) was launched on 09/23/2015, offering exposure to the Style Box – Large Cap Blend category. Smart beta ETFs like QLC track non-market cap weighted strategies, focusing on stock selection for better risk-return performance.

Managed by FlexShares, QLC seeks to match the Northern Trust Quality Large Cap Index, which measures large cap securities with quality, value, and positive momentum characteristics. QLC has $200.34 million in assets and charges an expense ratio of 0.25%.

The FlexShares US Quality Large Cap ETF (QLC) has gained 10.83% year-to-date, up 30.88% over the last 12 months. With a medium-risk profile, QLC diversifies company-specific risk with 177 holdings. Top sectors are Information Technology, Financials, and Healthcare, with Apple, Microsoft, and Nvidia among top holdings.

Consider alternatives like iShares Core S&P 500 ETF (IVV) and SPDR S&P 500 ETF (SPY) for cheaper options. IVV and SPY track S&P 500 Index with lower expense ratios. Investors looking to outperform the Large Cap Blend segment can explore traditional market cap weighted ETFs.



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