FlexShares Quality Dividend Defensive ETF (QDEF) has strong performance and high-quality holdings.

From Nasdaq: 2024-09-02 06:20:07

The FlexShares Quality Dividend Defensive ETF (QDEF) debuted on 12/14/2012, offering exposure to the Style Box – All Cap Blend category. Smart beta ETFs move away from traditional market cap weighted indexes in favor of non-cap weighted strategies for potential higher returns.

QDEF, managed by Flexshares, has over $399.87 million in assets and seeks to match the performance of the Northern Trust Quality Dividend Defensive Index. This index focuses on high-quality, income-oriented U.S. equity securities with an emphasis on long-term growth and a targeted overall beta.

With an expense ratio of 0.37%, QDEF offers a 1.78% dividend yield. The fund’s heaviest sector allocation is Financials, with top holdings including Apple Inc, Microsoft Corp, and Nvidia Corp.

QDEF has gained about 19.98% this year and 25.12% over the last year, with a medium-risk profile. For investors seeking alternatives, iShares Core S&P Total U.S. Stock Market ETF (ITOT) and Vanguard Total Stock Market ETF (VTI) are popular options.

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Read more at Nasdaq: Is FlexShares Quality Dividend Defensive ETF (QDEF) a Strong ETF Right Now?