FlexShares Quality Dividend Index Fund (QDF) Holdings
QDF holdings summary
as of Oct 25, 2026- Holdings
- 139 positions listed
- Top 10 weight
- 37.8% of net assets
- Effective holdings
- 39 equal-weight equivalent
- Largest holding
- AAPL 9.83% Apple Inc.
- Annual turnover
- 52.8% of the portfolio traded
Top 1037.8%
Top 2555.3%
Top 5070.4%
Top 10093.3%
All QDF holdings
139 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc. | Technology | 9.83% | $213.6M | $5.01T | 39.4 |
| 2 | NVDA | NVIDIA Corporation | Technology | 7.02% | $152.5M | $5.17T | 27.1 |
| 3 | MSFT | Microsoft Corporation | Technology | 4.78% | $103.9M | $3.93T | 29.5 |
| 4 | JNJ | Johnson & Johnson | Healthcare | 2.93% | $63.7M | $615.87B | 38.8 |
| 5 | AVGO | Broadcom Inc. | Technology | 2.49% | $54.1M | $1.57T | 43.3 |
| 6 | JPM | JPMorgan Chase & Co. | Financial Services | 2.42% | $52.6M | $902.16B | 14.2 |
| 7 | GOOGL | Alphabet Inc. | Communication Services | 2.31% | $50.2M | $4.17T | 17.1 |
| 8 | GCP | General Electric Company | Other | 2.16% | $46.9M | — | — |
| 9 | LRCX | Lam Research Corporation | Technology | 1.93% | $41.8M | $330.30B | 45.8 |
| 10 | PM | Philip Morris International Inc. | Consumer Defensive | 1.93% | $41.8M | $319.83B | 29.5 |
| 11 | GOOG | Alphabet Inc. | Communication Services | 1.69% | $36.6M | $4.12T | 16.9 |
| 12 | GILD | Gilead Sciences, Inc. | Healthcare | 1.40% | $30.4M | $193.67B | — |
| 13 | META | Meta Platforms, Inc. | Communication Services | 1.39% | $30.2M | $1.81T | 26.7 |
| 14 | KLAC | KLA Corporation | Technology | 1.39% | $30.2M | $216.29B | 45.3 |
| 15 | QCOM | QUALCOMM Incorporated | Technology | 1.32% | $28.6M | $183.79B | 19.9 |
| 16 | MU | Micron Technology, Inc. | Technology | 1.32% | $28.6M | $994.34B | 11.8 |
| 17 | GEV | GE Vernova Inc. | Industrials | 1.19% | $25.9M | $245.35B | 26.4 |
| 18 | ACN | Accenture plc | Technology | 1.13% | $24.6M | $140.55B | 16.9 |
| 19 | PG | The Procter & Gamble Company | Consumer Defensive | 1.11% | $24.2M | $370.12B | 24.1 |
| 20 | MS | Morgan Stanley | Financial Services | 1.01% | $21.9M | $283.60B | 14.3 |
| 21 | LLY | Eli Lilly and Company | Healthcare | 0.96% | $20.9M | $1.12T | 42.2 |
| 22 | MO | Altria Group, Inc. | Consumer Defensive | 0.91% | $19.8M | $125.41B | 15.8 |
| 23 | BMY | Bristol-Myers Squibb Company | Healthcare | 0.90% | $19.5M | $122.05B | 13.2 |
| 24 | ADP | Automatic Data Processing, Inc. | Technology | 0.89% | $19.3M | $114.48B | 26.4 |
| 25 | BKNG | Booking Holdings Inc. | Consumer Cyclical | 0.87% | $18.9M | $122.81B | 18.1 |
| 26 | WDC | Western Digital Corporation | Technology | 0.80% | $17.4M | $124.28B | 12.3 |
| 27 | TT | Trane Technologies plc | Industrials | 0.72% | $15.6M | $100.97B | 34.2 |
| 28 | INTU | Intuit Inc. | Technology | 0.70% | $15.2M | $86.89B | 19.8 |
| 29 | HAS | Hasbro, Inc. | Consumer Cyclical | 0.66% | $14.3M | $13.93B | 17.8 |
| 30 | CTSH | Cognizant Technology Solutions Corporation | Technology | 0.64% | $13.8M | $29.74B | 14.2 |
| 31 | APA | APA Corporation | Energy | 0.61% | $13.3M | $17.22B | 10.4 |
| 32 | MET | MetLife, Inc. | Financial Services | 0.61% | $13.3M | $64.03B | 19.3 |
| 33 | ABBV | AbbVie Inc. | Healthcare | 0.61% | $13.2M | $504.37B | 80.6 |
| 34 | MTCH | Match Group, Inc. | Communication Services | 0.60% | $13.1M | $10.02B | 15.2 |
| 35 | NTAP | NetApp, Inc. | Technology | 0.60% | $13.1M | $40.03B | 28.7 |
| 36 | WSM | Williams-Sonoma, Inc. | Consumer Cyclical | 0.60% | $12.9M | $29.46B | 25.7 |
| 37 | ITW | Illinois Tool Works Inc. | Industrials | 0.59% | $12.9M | $77.55B | 24.7 |
| 38 | BBY | Best Buy Co., Inc. | Consumer Cyclical | 0.59% | $12.9M | $19.43B | 15.4 |
| 39 | CI | Cigna Corporation | Healthcare | 0.59% | $12.7M | $79.88B | 12.5 |
| 40 | DINO | HF Sinclair Corporation | Energy | 0.57% | $12.5M | $22.27B | 11.9 |
| 41 | INSW | International Seaways, Inc. | Energy | 0.57% | $12.4M | $5.45B | 7.0 |
| 42 | EBAY | eBay Inc. | Consumer Cyclical | 0.57% | $12.4M | $53.52B | 25.3 |
| 43 | ED | Consolidated Edison, Inc. | Utilities | 0.57% | $12.4M | $41.52B | 18.2 |
| 44 | PSA | Public Storage | Real Estate | 0.57% | $12.3M | $55.74B | 28.5 |
| 45 | PRU | Prudential Financial, Inc. | Financial Services | 0.57% | $12.3M | $39.99B | 10.5 |
| 46 | CMCSA | Comcast Corporation | Communication Services | 0.57% | $12.3M | $77.72B | 7.1 |
| 47 | BBWI | Bath & Body Works, Inc. | Consumer Cyclical | 0.57% | $12.3M | $4.06B | 5.3 |
| 48 | HST | Host Hotels & Resorts, Inc. | Real Estate | 0.55% | $12.0M | $16.65B | 16.2 |
| 49 | COST | Costco Wholesale Corporation | Consumer Defensive | 0.54% | $11.8M | $438.30B | 47.6 |
| 50 | PYPL | PayPal Holdings, Inc. | Financial Services | 0.54% | $11.7M | $48.50B | 10.7 |
| 51 | ROK | Rockwell Automation, Inc. | Industrials | 0.54% | $11.7M | $47.43B | 39.9 |
| 52 | HIG | The Hartford Financial Services Group, Inc. | Financial Services | 0.54% | $11.7M | $36.60B | 9.6 |
| 53 | CHRD | Chord Energy Corporation | Energy | 0.53% | $11.5M | $8.45B | 10.4 |
| 54 | OZK | Bank OZK | Financial Services | 0.52% | $11.4M | $5.03B | 7.6 |
| 55 | TAP | Molson Coors Beverage Company | Consumer Defensive | 0.52% | $11.3M | $7.37B | — |
| 56 | SYF | Synchrony Financial | Financial Services | 0.52% | $11.3M | $23.97B | 7.5 |
| 57 | UGI | UGI Corporation | Utilities | 0.52% | $11.3M | $8.24B | 12.8 |
| 58 | EWBC | East West Bancorp, Inc. | Financial Services | 0.52% | $11.3M | $17.38B | 12.2 |
| 59 | CUBE | CubeSmart | Real Estate | 0.51% | $11.2M | $8.83B | 26.7 |
| 60 | STT | State Street Corporation | Financial Services | 0.51% | $11.2M | $45.52B | 13.5 |
| 61 | EXPE | Expedia Group, Inc. | Consumer Cyclical | 0.51% | $11.2M | $34.68B | 18.0 |
| 62 | KHC | The Kraft Heinz Company | Consumer Defensive | 0.51% | $11.1M | $28.08B | — |
| 63 | PEG | Public Service Enterprise Group Incorporated | Utilities | 0.51% | $11.1M | $35.63B | 17.8 |
| 64 | VTRS | Viatris Inc. | Healthcare | 0.50% | $10.9M | $21.43B | — |
| 65 | TROW | T. Rowe Price Group, Inc. | Financial Services | 0.50% | $10.9M | $21.54B | 10.1 |
| 66 | VICI | VICI Properties Inc. | Real Estate | 0.50% | $10.9M | $25.99B | 9.2 |
| 67 | XOM | Exxon Mobil Corporation | Energy | 0.50% | $10.8M | $735.95B | 23.0 |
| 68 | SWK | Stanley Black & Decker, Inc. | Industrials | 0.50% | $10.8M | $13.97B | 22.6 |
| 69 | ALV | Autoliv, Inc. | Consumer Cyclical | 0.50% | $10.8M | $8.35B | 13.7 |
| 70 | ZION | Zions Bancorporation, NA | Financial Services | 0.50% | $10.8M | $9.25B | 8.1 |
| 71 | DTE | DTE Energy Company | Utilities | 0.50% | $10.8M | $27.00B | 20.6 |
| 72 | AMP | Ameriprise Financial, Inc. | Financial Services | 0.49% | $10.7M | $44.24B | 12.1 |
| 73 | CFR | Cullen/Frost Bankers, Inc. | Financial Services | 0.49% | $10.7M | $9.64B | 14.7 |
| 74 | FRT | Federal Realty Investment Trust | Real Estate | 0.49% | $10.7M | $9.29B | 21.5 |
| 75 | HRB | H&R Block, Inc. | Consumer Cyclical | 0.48% | $10.5M | $5.96B | 8.6 |
| 76 | CPT | Camden Property Trust | Real Estate | 0.48% | $10.4M | $9.91B | 32.5 |
| 77 | VRT | Vertiv Holdings Co | Industrials | 0.48% | $10.4M | $79.47B | 46.7 |
| 78 | GLPI | Gaming and Leisure Properties, Inc. | Real Estate | 0.47% | $10.3M | $11.76B | 11.5 |
| 79 | RMD | ResMed Inc. | Healthcare | 0.47% | $10.3M | $33.61B | 22.9 |
| 80 | LKQ | LKQ Corporation | Consumer Cyclical | 0.47% | $10.3M | $5.62B | 12.5 |
| 81 | OMF | OneMain Holdings, Inc. | Financial Services | 0.46% | $9.9M | $6.44B | 8.4 |
| 82 | EIX | Edison International | Utilities | 0.45% | $9.7M | $21.52B | 5.8 |
| 83 | EMN | Eastman Chemical Company | Basic Materials | 0.45% | $9.7M | $7.13B | 16.3 |
| 84 | NYT | The New York Times Company | Communication Services | 0.44% | $9.5M | $10.93B | 28.2 |
| 85 | TPR | Tapestry, Inc. | Consumer Cyclical | 0.44% | $9.5M | $23.85B | 16.5 |
| 86 | VSNT | Versant Media Group, Inc. | Communication Services | 0.44% | $9.5M | $4.42B | 6.0 |
| 87 | FR | First Industrial Realty Trust, Inc. | Real Estate | 0.43% | $9.3M | $8.05B | 21.4 |
| 88 | SNA | Snap-on Incorporated | Industrials | 0.42% | $9.1M | $19.00B | 18.7 |
| 89 | MOS | The Mosaic Company | Basic Materials | 0.41% | $9.0M | $5.98B | — |
| 90 | PFG | Principal Financial Group, Inc. | Financial Services | 0.41% | $9.0M | $23.30B | 15.5 |
| 91 | V | Visa Inc. | Financial Services | 0.40% | $8.8M | $755.84B | 34.3 |
| 92 | LMT | Lockheed Martin Corporation | Industrials | 0.40% | $8.6M | $127.42B | 20.3 |
| 93 | KRG | Kite Realty Group Trust | Real Estate | 0.39% | $8.5M | $5.05B | 15.4 |
| 94 | FIX | Comfort Systems USA, Inc. | Industrials | 0.39% | $8.4M | $50.65B | 35.4 |
| 95 | AOS | A. O. Smith Corporation | Industrials | 0.36% | $7.9M | $8.05B | 16.5 |
| 96 | GAP | The Gap, Inc. | Consumer Cyclical | 0.32% | $7.0M | $8.12B | 7.0 |
| 97 | CTAS | Cintas Corporation | Industrials | 0.32% | $6.9M | $84.85B | 42.1 |
| 98 | BRX | Brixmor Property Group Inc. | Real Estate | 0.31% | $6.7M | $8.49B | 19.8 |
| 99 | CCL | Carnival Corporation & plc | Consumer Cyclical | 0.31% | $6.7M | $34.83B | 11.4 |
| 100 | ALLY | Ally Financial Inc. | Financial Services | 0.28% | $6.1M | $11.46B | 8.9 |
| 101 | CMI | Cummins Inc. | Industrials | 0.28% | $6.0M | $73.15B | 27.2 |
| 102 | M | Macy's, Inc. | Consumer Cyclical | 0.27% | $5.9M | $6.27B | 8.8 |
| 103 | DOX | Amdocs Limited | Technology | 0.27% | $5.8M | $6.27B | 14.3 |
| 104 | VLO | Valero Energy Corporation | Energy | 0.26% | $5.7M | $128.04B | 18.5 |
| 105 | USB | U.S. Bancorp | Financial Services | 0.25% | $5.5M | $91.50B | 11.4 |
| 106 | ZTS | Zoetis Inc. | Healthcare | 0.25% | $5.4M | $32.80B | 13.1 |
| 107 | CAT | Caterpillar Inc. | Industrials | 0.24% | $5.1M | $335.91B | 31.5 |
| 108 | PPG | PPG Industries, Inc. | Basic Materials | 0.23% | $5.1M | $23.87B | 15.4 |
| 109 | YOU | Clear Secure, Inc. | Technology | 0.23% | $5.1M | $4.52B | 29.5 |
| 110 | AES | The AES Corporation | Utilities | 0.23% | $4.9M | $10.67B | 5.6 |
| 111 | SBUX | Starbucks Corporation | Consumer Cyclical | 0.22% | $4.7M | $111.17B | 56.4 |
| 112 | G | Genpact Limited | Technology | 0.21% | $4.5M | $6.23B | 11.1 |
| 113 | FAST | Fastenal Company | Industrials | 0.20% | $4.4M | $58.55B | 41.5 |
| 114 | AFL | Aflac Incorporated | Financial Services | 0.19% | $4.2M | $60.15B | 12.9 |
| 115 | BR | Broadridge Financial Solutions, Inc. | Technology | 0.19% | $4.2M | $19.77B | 18.2 |
| 116 | IDCC | InterDigital, Inc | Technology | 0.18% | $3.9M | $8.24B | 37.3 |
| 117 | PAYC | Paycom Software, Inc. | Technology | 0.18% | $3.8M | $11.34B | 26.6 |
| 118 | MA | Mastercard Incorporated | Financial Services | 0.17% | $3.7M | $540.87B | 34.0 |
| 119 | AU | AngloGold Ashanti Limited | Basic Materials | 0.13% | $2.9M | $46.95B | 12.4 |
| 120 | AXP | American Express Company | Financial Services | 0.13% | $2.9M | $211.77B | 19.0 |
| 121 | CL | Colgate-Palmolive Company | Consumer Defensive | 0.13% | $2.9M | $75.02B | 37.1 |
| 122 | PEGA | Pegasystems Inc. | Technology | 0.11% | $2.5M | $5.68B | 19.5 |
| 123 | REG | Regency Centers Corporation | Real Estate | 0.11% | $2.3M | $13.69B | 24.7 |
| 124 | DPZ | Domino's Pizza, Inc. | Consumer Cyclical | 0.10% | $2.2M | $10.15B | 17.0 |
| 125 | CSCO | Cisco Systems, Inc. | Technology | 0.10% | $2.2M | $423.39B | 32.2 |
| 126 | AMH | American Homes 4 Rent | Real Estate | 0.08% | $1.8M | $12.82B | 24.8 |
| 127 | BAC | Bank of America Corporation | Financial Services | 0.07% | $1.6M | $358.24B | 12.2 |
| 128 | BAH | Booz Allen Hamilton Holding Corporation | Industrials | 0.05% | $1.2M | $8.93B | 11.7 |
| 129 | PBF | PBF Energy Inc. | Energy | 0.05% | $1.0M | $10.02B | 7.4 |
| 130 | WFRD | Weatherford International plc | Energy | 0.04% | $920,859.15 | $5.45B | 15.0 |
| 131 | AMAT | Applied Materials, Inc. | Technology | 0.03% | $751,455.81 | $324.81B | 35.3 |
| 132 | SCCO | Southern Copper Corporation | Basic Materials | 0.03% | $675,441.50 | $169.30B | 29.9 |
| 133 | FDS | FactSet Research Systems Inc. | Financial Services | 0.03% | $642,863.93 | $10.73B | 20.7 |
| 134 | KO | The Coca-Cola Company | Consumer Defensive | 0.03% | $614,630.04 | $404.01B | 28.2 |
| 135 | TER | Teradyne, Inc. | Technology | 0.03% | $577,708.81 | $50.81B | 44.6 |
| 136 | WMG | Warner Music Group Corp. | Communication Services | 0.02% | $506,038.16 | $16.43B | 25.1 |
| 137 | UNH | UnitedHealth Group Incorporated | Healthcare | 0.02% | $388,758.93 | $360.32B | 25.8 |
| 138 | TJX | The TJX Companies, Inc. | Consumer Cyclical | 0.01% | $284,510.73 | $162.06B | 27.3 |
| 139 | MRK | Merck & Co., Inc. | Healthcare | 0.01% | $284,510.73 | $360.08B | 115.8 |
Weights as a percentage of net assets. Value held = weight × net assets ($2.17B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
QDF sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Technology | 36.4% | 24 | AAPL, NVDA, MSFT |
| Financial Services | 12.2% | 24 | JPM, MS, MET |
| Healthcare | 8.6% | 11 | JNJ, GILD, LLY |
| Consumer Cyclical | 7.5% | 17 | BKNG, HAS, WSM |
| Communication Services | 7.5% | 8 | GOOGL, GOOG, META |
| Industrials | 6.7% | 15 | GEV, TT, ITW |
| Consumer Defensive | 5.7% | 8 | PM, PG, MO |
| Real Estate | 4.9% | 12 | PSA, HST, CUBE |
| Energy | 3.1% | 8 | APA, DINO, INSW |
| Utilities | 2.8% | 6 | ED, UGI, PEG |
| Other | 2.2% | 1 | GCP |
| Basic Materials | 1.3% | 5 | EMN, MOS, PPG |
Sum of the weights of the holdings in each sector.
QDF top industries
Semiconductors
12.1%
Consumer Electronics
9.8%
Drug Manufacturers - General
6.8%
Internet Content & Information
6.0%
Software - Infrastructure
5.7%
Semiconductor Equipment & Materials
3.4%
Specialty Industrial Machinery
3.0%
Tobacco
2.8%
Credit Services
2.5%
Banks - Diversified
2.5%
Software - Application
2.3%
Banks - Regional
2.3%
Information Technology Services
2.2%
Utilities - Regulated Electric
2.0%
Asset Management
1.9%
QDF overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| QDEF | FlexShares Quality Dividend Defensive Index Fund | 74.2% | 104 of 153 | 0.37% |
| QLC | FlexShares US Quality Large Cap Index Fund | 53.1% | 65 of 156 | 0.24% |
| FLQL | Franklin LibertyQ U.S. Equity ETF | 49.2% | 69 of 216 | 0.14% |
| FLRG | Fidelity U.S. Multifactor ETF | 45.3% | 47 of 100 | 0.15% |
| GSLC | Goldman Sachs ActiveBeta U.S. Large Cap… | 44.7% | 86 of 425 | 0.09% |
| FYEE | Fidelity Yield Enhanced Equity ETF | 43.6% | 44 of 166 | 0.27% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the QDF portfolio
FlexShares Quality Dividend Index Fund holds 139 positions. The ten largest make up 37.8% of the fund and the top 50 70.4%, so it behaves like a portfolio of about 39 equally weighted stocks. The biggest positions are Apple Inc. (9.83%), NVIDIA Corporation (7.02%), Microsoft Corporation (4.78%), Johnson & Johnson (2.93%), Broadcom Inc. (2.49%).
By sector, Technology is 36.4%, Financial Services is 12.2%, Healthcare is 8.6%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: QDF chart, QDF performance, QDF dividends, QDF valuation, QDF overview.
QDF holdings FAQ
How many holdings does QDF have?
QDF holds 139 positions as of October 25, 2026.
What are the top 10 holdings of QDF?
The ten largest holdings are Apple Inc. (9.83%), NVIDIA Corporation (7.02%), Microsoft Corporation (4.78%), Johnson & Johnson (2.93%), Broadcom Inc. (2.49%), JPMorgan Chase & Co. (2.42%), Alphabet Inc. (2.31%), General Electric Company (2.16%), Lam Research Corporation (1.93%), Philip Morris International Inc. (1.93%). Together they are 37.8% of the fund.
What percentage of QDF is Apple Inc.?
Apple Inc. is the largest holding at 9.83% of net assets, about $213.6M of the fund's $2.17B.
Which sector is the largest in QDF?
Technology is the largest sector at 36.4%, followed by Financial Services (12.2%) and Healthcare (8.6%), based on the sectors of the individual holdings.
How concentrated is QDF?
The top 10 holdings are 37.8% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) QDF behaves like a portfolio of about 39 equally weighted stocks.