Summary
Northern Trust Developed Markets ex-US Quality Low Volatility ETF is an ETF - a fund traded on an exchange like a stock - run by FlexShares. Positions inside: 199. The ten largest make up 22% of the fund.
- Yearly costs
- 0.15%
- Fund size
- $52.9M
- Positions
- 199
- Dividend yield
- 2.99%
- Running since
- 2019
What speaks for it
- Costs of 0.15% a year are below the middle of comparable funds (0.44%).
- Widely spread: the ten largest positions make up only 22% of the fund.
What to watch
- A small fund with $52.9M under management; small funds get closed more often.
- It trades little: only about $57.5K 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
- +2.7%
- 3 months
- +3.0%
- This year
- +8.5%
- 1 year
- +9.9%
- 3 years
- +45%
- 5 years
- +24%
- Avg. market cap
- $130.6B
- P/E
- 17.3x
- Forward P/E
- 15.9x
- P/S
- 2.1x
- P/B
- 2.7x
- P/FCF
- 11.9x
- EV/EBITDA
- 11.9x
- Dividend yield
- 2.36%
- ROIC
- 12.4%
- ROE
- 23.5%
- Gross margin
- 50.2%
- Operating margin
- 24.9%
- Net margin
- 17.3%
- Payout ratio
- 40.9%
- Net debt/EBITDA
- 2.0x
- Beta
- 0.64
Weighted average of the 50 largest companies, which make up 55% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 NONovartis AG NOVN.SW 4.0%
- 2 RYRoyal Bank of Canada RY.TO 3.6%
- 3 UNILEVER PLC COMMON STOCK GBP 0.031111 2.3%
- 4 ASASML Holding N.V. ASML.AS 2.3%
- 5 D0DBS Group Holdings Ltd D05.SI 2.0%
- 6 CMCanadian Imperial Bank of Commerce CM.TO 1.7%
- 7 IBIberdrola IBE.MC 1.6%
- 8 SHELL PLC 1.6%
- 9 NENestlé S.A. NESN.SW 1.6%
- 10 ZUZurich Insurance Group AG ZURN.SW 1.5%
Positions in the fund: 199. The ten largest make up 22% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy sector
- Financials 25%
- Industrials 16%
- Consumer defensive 11%
- Healthcare 9.9%
- Utilities 7.4%
- Other 31%
By country
- Japan 21%
- Canada 15%
- Switzerland 12%
- United Kingdom 9.7%
- Other countries 43%
By company size
- Mega cap 16%
- Large cap 82%
- Mid cap 1.5%
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 86% of the fund.
Largest sector: Financials (25%). Largest country: Japan (21%). Largest size group: Large cap (82%).
What does it cost me?
Cheap- A year from $10,000
- $15.00
- Over 20 years
- $748
From every $10,000 invested the fund takes $15.00 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 $748.
How has it done?
Growing slowly- A year on average, 5 years
- +4.4%
- Deepest drop
- -27%
- Yearly volatility
- 11%
Average yearly growth over the last five years: 4.4%. Deepest drop in these years: 27% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.99%
- Payments a year
- 4
- Last payment
- $0.19
Over the last 12 months it paid $1.03 per share, which is 2.99% of today's price. The last payment was $0.19 on Sep 18, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $57.5K
- Shares a day
- 1.7K
On an average day about $57.5K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 17.3
- Average Bulios Score
- 67 out of 100
Weight by Bulios Fair Price
- Undervalued 29%
- Fairly valued 20%
- Overvalued 50%
On average the companies inside trade for 17.3 times their yearly profit. By Fair Price, 50% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 55% 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 | ||
|---|---|---|---|---|---|---|
EF EFAV iShares MSCI EAFE Min Vol Factor ETF | United States | 0.20% | $5.52B | +12% | Pays out | 43% |
XM XMI.TO iShares MSCI Min Vol EAFE Index ETF | Canada | 0.38% | $133.1M | +12% | Pays out | 43% |
XM XML.TO iShares MSCI Min Vol EAFE Index ETF (CAD-Hedged) | Canada | 0.37% | $29.3M | +13% | Pays out | 42% |
EU EUN0.DE iShares Edge MSCI Europe Minimum Volatility UCITS ETF | Ireland | 0.25% | $1.07B | +14% | Reinvests | 32% |
FE FEDM Northern Trust ESG & Climate Developed Markets ex-US Core ETF | United States | 0.16% | $84.7M | +8.2% | Pays out | 31% |
HD HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF | United States | 0.09% | $2.33B | +14% | Pays out | 31% |