QDEF vs. FEIG
Compare and contrast key facts about FlexShares Quality Dividend Defensive Index Fund (QDEF) and FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG).
QDEF and FEIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDEF is a passively managed fund by FlexShares that tracks the performance of the Northern Trust Quality Dividend Defensive Index. It was launched on Dec 14, 2012. FEIG is a passively managed fund by FlexShares that tracks the performance of the Northern Trust ESG & Climate Investment Grade U.S. Corporate Core TR. It was launched on Sep 20, 2021. Both QDEF and FEIG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
QDEF vs. FEIG - Performance Comparison
Loading graphics...
QDEF vs. FEIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
QDEF FlexShares Quality Dividend Defensive Index Fund | -1.16% | 17.43% | 21.19% | 17.48% | -10.94% | 10.74% |
FEIG FlexShares ESG & Climate Investment Grade Corporate Core Index Fund | -0.26% | 7.31% | 1.75% | 8.57% | -15.91% | -1.46% |
Returns By Period
In the year-to-date period, QDEF achieves a -1.16% return, which is significantly lower than FEIG's -0.26% return.
QDEF
- 1D
- 2.06%
- 1M
- -4.61%
- YTD
- -1.16%
- 6M
- 0.72%
- 1Y
- 16.27%
- 3Y*
- 16.97%
- 5Y*
- 11.45%
- 10Y*
- 11.40%
FEIG
- 1D
- 0.63%
- 1M
- -1.70%
- YTD
- -0.26%
- 6M
- 0.40%
- 1Y
- 4.83%
- 3Y*
- 4.39%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QDEF vs. FEIG - Expense Ratio Comparison
QDEF has a 0.37% expense ratio, which is higher than FEIG's 0.12% expense ratio.
Return for Risk
QDEF vs. FEIG — Risk / Return Rank
QDEF
FEIG
QDEF vs. FEIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Quality Dividend Defensive Index Fund (QDEF) and FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| QDEF | FEIG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 0.90 | +0.21 |
Sortino ratioReturn per unit of downside risk | 1.64 | 1.26 | +0.38 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.17 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 1.74 | -0.17 |
Martin ratioReturn relative to average drawdown | 7.90 | 5.18 | +2.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| QDEF | FEIG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 0.90 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | -0.06 | +0.86 |
Correlation
The correlation between QDEF and FEIG is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
QDEF vs. FEIG - Dividend Comparison
QDEF's dividend yield for the trailing twelve months is around 1.75%, less than FEIG's 4.80% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QDEF FlexShares Quality Dividend Defensive Index Fund | 1.75% | 1.74% | 1.85% | 2.21% | 2.42% | 1.84% | 2.50% | 3.17% | 7.10% | 2.70% | 2.90% | 3.00% |
FEIG FlexShares ESG & Climate Investment Grade Corporate Core Index Fund | 4.39% | 4.84% | 4.65% | 4.21% | 2.99% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
QDEF vs. FEIG - Drawdown Comparison
The maximum QDEF drawdown since its inception was -35.74%, which is greater than FEIG's maximum drawdown of -22.26%. Use the drawdown chart below to compare losses from any high point for QDEF and FEIG.
Loading graphics...
Drawdown Indicators
| QDEF | FEIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.74% | -22.26% | -13.48% |
Max Drawdown (1Y)Largest decline over 1 year | -11.03% | -2.88% | -8.15% |
Max Drawdown (5Y)Largest decline over 5 years | -21.37% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.74% | — | — |
Current DrawdownCurrent decline from peak | -5.04% | -2.28% | -2.76% |
Average DrawdownAverage peak-to-trough decline | -3.33% | -9.81% | +6.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.19% | 0.97% | +1.22% |
Volatility
QDEF vs. FEIG - Volatility Comparison
FlexShares Quality Dividend Defensive Index Fund (QDEF) has a higher volatility of 3.96% compared to FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG) at 2.22%. This indicates that QDEF's price experiences larger fluctuations and is considered to be riskier than FEIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| QDEF | FEIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.96% | 2.22% | +1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 7.58% | 3.07% | +4.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.72% | 5.36% | +9.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.83% | 7.49% | +6.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.18% | 7.49% | +8.69% |