FlexShares US Quality Low Volatility Index Fund (QLV)
QLV is a passive ETF by Northern Trust tracking the investment results of the Northern Trust Quality Low Volatility Index. QLV launched on Jul 15, 2019 and has a 0.22% expense ratio.
ETF Info
US33939L6544
33939L654
Jul 15, 2019
North America (U.S.)
1x
Northern Trust Quality Low Volatility Index
Large-Cap
Blend
Expense Ratio
QLV has an expense ratio of 0.22%, which is considered low compared to other funds.
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 US Quality Low Volatility 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 US Quality Low Volatility Index Fund had a return of 18.87% year-to-date (YTD) and 19.92% in the last 12 months.
QLV
18.87%
-0.60%
6.05%
19.92%
10.94%
N/A
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of QLV, 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 | 2.49% | 3.44% | 2.61% | -3.71% | 3.91% | 2.69% | 1.84% | 3.49% | 1.62% | -1.43% | 3.88% | 18.87% | |
| 2023 | 2.18% | -2.64% | 3.04% | 2.15% | -2.37% | 4.73% | 1.67% | -0.94% | -3.91% | -0.30% | 6.80% | 3.05% | 13.70% |
| 2022 | -6.12% | -2.78% | 6.14% | -5.09% | -0.74% | -4.54% | 5.08% | -3.54% | -6.53% | 7.84% | 5.49% | -4.12% | -9.97% |
| 2021 | -0.97% | -0.51% | 4.50% | 5.11% | 0.24% | 2.35% | 4.40% | 2.54% | -5.56% | 7.74% | -1.02% | 5.34% | 26.08% |
| 2020 | 2.11% | -9.23% | -11.91% | 10.09% | 5.06% | 0.40% | 4.67% | 5.55% | -2.91% | -3.83% | 8.37% | 3.42% | 9.63% |
| 2019 | -0.51% | 1.16% | 0.43% | 0.50% | 2.62% | 1.92% | 6.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 89, QLV 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 US Quality Low Volatility Index Fund (QLV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
FlexShares US Quality Low Volatility Index Fund provided a 1.65% dividend yield over the last twelve months, with an annual payout of $1.08 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $1.08 | $0.90 | $0.87 | $0.55 | $0.56 | $0.24 |
Dividend yield | 1.65% | 1.60% | 1.74% | 0.97% | 1.24% | 0.58% |
Monthly Dividends
The table displays the monthly dividend distributions for FlexShares US Quality Low Volatility 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 | $0.17 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.35 | $1.08 |
| 2023 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.33 | $0.90 |
| 2022 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.33 | $0.87 |
| 2021 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.16 | $0.55 |
| 2020 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.20 | $0.56 |
| 2019 | $0.08 | $0.00 | $0.00 | $0.16 | $0.24 |
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 US Quality Low Volatility 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 US Quality Low Volatility Index Fund was 33.71%, occurring on Mar 23, 2020. Recovery took 114 trading sessions.
The current FlexShares US Quality Low Volatility Index Fund drawdown is 3.29%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.71% | Feb 20, 2020 | 23 | Mar 23, 2020 | 114 | Sep 2, 2020 | 137 |
| -17.93% | Dec 30, 2021 | 198 | Oct 12, 2022 | 293 | Dec 12, 2023 | 491 |
| -8.5% | Sep 3, 2020 | 41 | Oct 30, 2020 | 11 | Nov 16, 2020 | 52 |
| -6.88% | Sep 7, 2021 | 20 | Oct 4, 2021 | 16 | Oct 26, 2021 | 36 |
| -5.37% | Jan 26, 2021 | 27 | Mar 4, 2021 | 16 | Mar 26, 2021 | 43 |
Volatility
Volatility Chart
The current FlexShares US Quality Low Volatility Index Fund volatility is 2.71%, 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.