FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE)
QLVE is a passive ETF by Northern Trust tracking the investment results of the Northern Trust Emerging Markets Quality Low Volatility Index. QLVE launched on Jul 15, 2019 and has a 0.40% expense ratio.
ETF Info
| ISIN | US33939L6395 |
|---|---|
| CUSIP | 33939L639 |
| Issuer | Northern Trust |
| Inception Date | Jul 15, 2019 |
| Region | Broad Asia (Pacific ex-Japan) |
| Category | Volatility Hedged Equity |
| Index Tracked | Northern Trust Emerging Markets Quality Low Volatility Index |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
The FlexShares Emerging Markets Quality Low Volatility Index Fund has a high expense ratio of 0.40%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: QLVE vs. SCHY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in FlexShares Emerging Markets 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 Emerging Markets Quality Low Volatility Index Fund had a return of 2.29% year-to-date (YTD) and 9.66% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.29% | 6.33% |
| 1 month | -0.97% | -2.81% |
| 6 months | 11.39% | 21.13% |
| 1 year | 9.66% | 24.56% |
| 5 years (annualized) | N/A | 11.55% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.01% | 3.48% | 0.81% | |||||||||
| 2023 | -1.80% | -1.90% | 5.15% | 3.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
FlexShares Emerging Markets Quality Low Volatility Index Fund(QLVE)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
FlexShares Emerging Markets Quality Low Volatility Index Fund granted a 2.69% dividend yield in the last twelve months. The annual payout for that period amounted to $0.64 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.64 | $0.70 | $0.55 | $0.67 | $0.44 | $0.33 |
Dividend yield | 2.69% | 3.00% | 2.48% | 2.57% | 1.66% | 1.28% |
Monthly Dividends
The table displays the monthly dividend distributions for FlexShares Emerging Markets 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.09 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.06 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.25 |
| 2020 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.03 |
| 2019 | $0.11 | $0.00 | $0.00 | $0.23 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the FlexShares Emerging Markets 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 Emerging Markets Quality Low Volatility Index Fund was 29.96%, occurring on Mar 23, 2020. Recovery took 174 trading sessions.
The current FlexShares Emerging Markets Quality Low Volatility Index Fund drawdown is 9.98%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.96% | Jan 14, 2020 | 48 | Mar 23, 2020 | 174 | Nov 27, 2020 | 222 |
| -25.84% | Feb 18, 2021 | 425 | Oct 24, 2022 | — | — | — |
| -7.27% | Jul 19, 2019 | 19 | Aug 14, 2019 | 52 | Oct 28, 2019 | 71 |
| -4.49% | Jan 22, 2021 | 6 | Jan 29, 2021 | 9 | Feb 11, 2021 | 15 |
| -3.72% | Nov 8, 2019 | 17 | Dec 3, 2019 | 9 | Dec 16, 2019 | 26 |
Volatility
Volatility Chart
The current FlexShares Emerging Markets Quality Low Volatility Index Fund volatility is 2.82%, 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.