FlexShares Quality Dividend Defensive Index Fund (QDEF)
QDEF is a passive ETF by Northern Trust tracking the investment results of the Northern Trust Quality Dividend Defensive Index. QDEF launched on Dec 14, 2012 and has a 0.37% expense ratio.
ETF Info
US33939L8458
33939L845
Dec 14, 2012
North America (U.S.)
1x
Northern Trust Quality Dividend Defensive Index
Multi-Cap
Blend
Expense Ratio
QDEF features an expense ratio of 0.37%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in FlexShares Quality Dividend Defensive Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
FlexShares Quality Dividend Defensive Index Fund had a return of 22.60% year-to-date (YTD) and 22.44% in the last 12 months. Over the past 10 years, FlexShares Quality Dividend Defensive Index Fund had an annualized return of 10.31%, while the S&P 500 had an annualized return of 11.14%, indicating that FlexShares Quality Dividend Defensive Index Fund did not perform as well as the benchmark.
QDEF
22.60%
-2.72%
9.57%
22.44%
10.75%
10.31%
^GSPC (Benchmark)
25.18%
-0.47%
9.35%
24.83%
13.03%
11.14%
Monthly Returns
The table below presents the monthly returns of QDEF, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.81% | 3.71% | 3.27% | -4.35% | 4.47% | 2.70% | 3.26% | 3.90% | 2.14% | -1.31% | 4.44% | 22.60% | |
| 2023 | 3.62% | -2.89% | 2.64% | 2.09% | -1.70% | 5.96% | 3.42% | -1.22% | -4.83% | -1.44% | 7.05% | 4.30% | 17.49% |
| 2022 | -5.03% | -3.09% | 4.12% | -5.62% | 1.07% | -6.60% | 5.71% | -3.72% | -9.18% | 10.23% | 6.09% | -3.48% | -10.94% |
| 2021 | 0.13% | 0.44% | 6.55% | 2.96% | 1.41% | 1.23% | 2.31% | 2.20% | -5.05% | 5.43% | -0.43% | 6.77% | 26.04% |
| 2020 | -1.59% | -9.59% | -13.74% | 11.56% | 3.50% | 0.26% | 4.54% | 4.50% | -2.67% | -3.55% | 9.26% | 3.61% | 3.15% |
| 2019 | 7.02% | 3.86% | 2.08% | 2.28% | -6.44% | 6.03% | 1.62% | -2.23% | 2.88% | 1.22% | 2.27% | 2.52% | 24.91% |
| 2018 | 3.49% | -3.22% | -2.45% | 1.25% | 2.47% | 0.64% | 3.03% | 2.40% | 0.36% | -5.04% | 2.07% | -8.39% | -4.10% |
| 2017 | 0.13% | 3.86% | -0.09% | 0.37% | 0.40% | 0.85% | 1.46% | -0.51% | 2.40% | 1.28% | 4.05% | 1.77% | 17.04% |
| 2016 | -3.38% | 1.08% | 7.46% | -0.76% | 1.68% | 2.04% | 3.39% | -0.84% | 0.17% | -2.41% | 4.52% | 1.99% | 15.45% |
| 2015 | -1.17% | 4.27% | -1.17% | 0.50% | 0.85% | -2.76% | 1.52% | -5.35% | -1.55% | 7.40% | -0.78% | -1.78% | -0.63% |
| 2014 | -3.57% | 3.96% | 1.64% | 1.53% | 1.87% | 1.54% | -1.73% | 3.17% | -0.95% | 3.18% | 2.62% | 0.26% | 14.06% |
| 2013 | 7.52% | 1.99% | 4.26% | 2.60% | 2.09% | -0.75% | 4.79% | -3.69% | 2.48% | 4.83% | 2.13% | 1.42% | 33.47% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 89, QDEF is among the top 11% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for FlexShares Quality Dividend Defensive Index Fund (QDEF) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
FlexShares Quality Dividend Defensive Index Fund provided a 1.83% dividend yield over the last twelve months, with an annual payout of $1.30 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.30 | $1.31 | $1.25 | $1.09 | $1.20 | $1.52 | $2.81 | $1.19 | $1.13 | $1.04 | $0.90 | $0.68 |
Dividend yield | 1.83% | 2.21% | 2.42% | 1.84% | 2.50% | 3.17% | 7.10% | 2.70% | 2.90% | 3.01% | 2.51% | 2.12% |
Monthly Dividends
The table displays the monthly dividend distributions for FlexShares Quality Dividend Defensive Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.45 | $1.30 |
| 2023 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.46 | $1.31 |
| 2022 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.39 | $1.25 |
| 2021 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.36 | $1.09 |
| 2020 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.35 | $1.20 |
| 2019 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.72 | $1.52 |
| 2018 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $1.99 | $2.81 |
| 2017 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.42 | $1.19 |
| 2016 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.37 | $1.13 |
| 2015 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.33 | $1.04 |
| 2014 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.22 | $0.90 |
| 2013 | $0.03 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.33 | $0.68 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the FlexShares Quality Dividend Defensive Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the FlexShares Quality Dividend Defensive Index Fund was 35.74%, occurring on Mar 23, 2020. Recovery took 188 trading sessions.
The current FlexShares Quality Dividend Defensive Index Fund drawdown is 3.03%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -35.74% | Feb 13, 2020 | 27 | Mar 23, 2020 | 188 | Dec 17, 2020 | 215 |
| -21.37% | Dec 30, 2021 | 190 | Sep 30, 2022 | 199 | Jul 19, 2023 | 389 |
| -16.88% | Sep 24, 2018 | 64 | Dec 24, 2018 | 66 | Apr 1, 2019 | 130 |
| -12.05% | May 22, 2015 | 167 | Jan 20, 2016 | 49 | Mar 31, 2016 | 216 |
| -9.87% | Jan 29, 2018 | 9 | Feb 8, 2018 | 122 | Aug 3, 2018 | 131 |
Volatility
Volatility Chart
The current FlexShares Quality Dividend Defensive Index Fund volatility is 2.96%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.