FlexShares Quality Dividend Dynamic Index Fund (QDYN)
FlexShares Quality Dividend Dynamic Index Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $61.09, up 0.25% on the session, giving a market capitalisation of $16.8M. Its beta of 0.99 implies it has historically moved less than the broad market.
This fund aims to mirror the performance of a specific benchmark index. This underlying index is carefully constructed from a selection of companies that collectively demonstrate superior financial health and stability compared to the broader Northern Trust 1250 Index. The Northern Trust 1250 Index itself represents a diverse collection of large and medium-sized U.S. corporations, weighted by their publicly traded market value. To achieve its investment goal, the fund is committed to allocating a minimum of 80% of its total capital (excluding any collateral from securities lending) to the securities included in this quality-focused index.
FlexShares Quality Dividend Dynamic Index Fund is most often compared with the following Financial Services names: