Northern Trust US Equity ETF NOEQ AMEX · Financials · United States
$28.79 +2.35% +$0.66
Summary
Northern Trust US Equity ETF is an ETF - a fund traded on an exchange like a stock - run by FlexShares. Positions inside: 412. The ten largest make up 59% of the fund.
- Yearly costs
- 0.12%
- Fund size
- $851.9M
- Positions
- 412
- Dividend yield
- 0.42%
- Running since
- 2026
What speaks for it
- Costs of 0.12% a year are below the middle of comparable funds (0.45%).
What to watch
- The ten largest positions make up 59% of the fund, so its result rests on a few names.
- 100% of the fund is in one country (United States).
- A young fund: it has been running only since 2026.
- It trades little: only about $2.97K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -4.1%
- 3 months
- -4.1%
- Avg. market cap
- $1.67T
- P/E
- 25.1x
- Forward P/E
- 21.8x
- P/S
- 4.2x
- P/B
- 6.0x
- P/FCF
- 31.0x
- EV/EBITDA
- 16.3x
- Dividend yield
- 0.91%
- ROIC
- 18.7%
- ROE
- 49.9%
- Gross margin
- 52.9%
- Operating margin
- 27.3%
- Net margin
- 24.6%
- Payout ratio
- 22.7%
- Net debt/EBITDA
- 1.3x
- Beta
- 0.87
Weighted average of the 50 largest companies, which make up 60% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 SPSPDR S&P 500 ETF Trust SPY 14%
- 2 VGVanguard Information Technology Index Fund VGT 13%
- 3 GOAlphabet GOOG 5.2%
- 4 AMAmazon AMZN 4.9%
- 5 JNJohnson & Johnson JNJ 4.4%
- 6 XLState Street Communication Services Select Sector SPDR ETF XLC 3.9%
- 7 LLEli Lilly LLY 3.9%
- 8 AAApple AAPL 3.8%
- 9 NVNvidia NVDA 3.1%
- 10 MRMerck & Co. MRK 3.1%
Positions in the fund: 412. The ten largest make up 59% of it.
Composition as of Nov 7, 2026.
Where is it spread?
One countryBy sector
- Technology 33%
- Healthcare 16%
- Communication services 13%
- Financials 9.4%
- Industrials 9.1%
- Other 20%
By country
- United States 100%
- Switzerland 0.07%
- China 0.06%
- Mexico 0.05%
- Other countries 0.09%
By company size
- Mega cap 83%
- Large cap 16%
- Mid cap 0.7%
- Small cap 0.06%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 66% of the fund.
Largest sector: Technology (33%). Largest country: United States (100%). Largest size group: Mega cap (83%).
What does it cost me?
Cheap- A year from $10,000
- $12.00
- Over 20 years
- $600
From every $10,000 invested the fund takes $12.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $600.
How has it done?
- Deepest drop
- -4.4%
It has traded for less than a year, too short to judge.
Does it pay dividends?
Yes, it pays out- Yield
- 0.42%
- Last payment
- $0.07
Over the last 12 months it paid $0.12 per share, which is 0.42% of today's price. The last payment was $0.07 on Sep 18, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $2.97K
- Shares a day
- 103
On an average day about $2.97K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 25.1
- Average Bulios Score
- 67 out of 100
Weight by Bulios Fair Price
- Undervalued 20%
- Fairly valued 22%
- Overvalued 58%
On average the companies inside trade for 25.1 times their yearly profit. By Fair Price, 58% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 60% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
OE OEI Optimized Equity Income ETF | United States | 1.02% | $38.8M | +2.2% | Pays out | 42% |
OE OEF iShares S&P 100 ETF | United States | 0.20% | $19.5B | +10% | Pays out | 40% |
SC SCLZ Swan Enhanced Dividend Income E | United States | 0.79% | $18.8M | +2.3% | Pays out | 40% |
CL CLXRX Columbia Large Cap Index Fund Institutional 2 Class· mutual fund | - | - | $2.87B | -4.1% | Pays out | 40% |
NE NEIAX Columbia Large Cap Index Fund· mutual fund | - | - | $2.87B | -5.0% | Pays out | 40% |
NI NINDX Columbia Large Cap Index Fund· mutual fund | - | - | $2.88B | -4.7% | Pays out | 40% |