FlexShares Developed Markets ex-US Quality… (QLVD) Holdings
QLVD holdings summary
as of Oct 25, 2026- Holdings
- 179 positions listed
- Top 10 weight
- 22.7% of net assets
- Effective holdings
- 90 equal-weight equivalent
- Largest holding
- NOVN 4.05% Novartis AG
- Annual turnover
- 53.3% of the portfolio traded
Top 1022.7%
Top 2539.0%
Top 5058.7%
Top 10083.9%
All QLVD holdings
179 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | NOVN | Novartis AG | Healthcare | 4.05% | $2.2M | — | — |
| 2 | RY | Royal Bank of Canada | Financial Services | 3.74% | $2.0M | — | — |
| 3 | ULVR | Unilever PLC | Consumer Defensive | 2.36% | $1.3M | — | — |
| 4 | ASML | ASML Holding N.V. | Technology | 2.23% | $1.2M | — | — |
| 5 | D05 | DBS Group Holdings Ltd | Financial Services | 2.07% | $1.1M | — | — |
| 6 | IBE | Iberdrola S.A. | Utilities | 1.72% | $920,442.65 | — | — |
| 7 | CM | Canadian Imperial Bank Of Commerce | Financial Services | 1.68% | $900,925.89 | — | — |
| 8 | SHEL | Shell plc | Energy | 1.66% | $888,413.77 | — | — |
| 9 | NESN | Nestle S.A. | Consumer Defensive | 1.64% | $877,505.77 | — | — |
| 10 | ZURN | Zurich Insurance Group AG | Financial Services | 1.59% | $849,808.01 | — | — |
| 11 | SAN | Sanofi SA | Healthcare | 1.44% | $770,243.78 | — | — |
| 12 | 8058 | Mitsubishi Corp. | Industrials | 1.38% | $739,230.84 | — | — |
| 13 | MUV2 | Münchener Rück AG | Financial Services | 1.33% | $708,752.60 | — | — |
| 14 | O39 | OVERSEA-CHINESE BANKING CORP | Financial Services | 1.26% | $672,927.31 | — | — |
| 15 | DTE | Deutsche Telekom AG | Communication Services | 1.17% | $627,263.43 | — | — |
| 16 | 8640 | Toronto Dominion Bank | Other | 1.11% | $594,806.79 | — | — |
| 17 | DB1 | Deutsche Börse AG | Financial Services | 1.09% | $581,920.38 | — | — |
| 18 | CNR | Canadian National Railway Co | Industrials | 1.06% | $567,269.44 | — | — |
| 19 | 4307 | Nomura Research Institute Ltd | Technology | 1.01% | $538,609.20 | — | — |
| 20 | 7832 | BANDAI NAMCO Holdings Inc. | Consumer Cyclical | 0.95% | $506,740.73 | — | — |
| 21 | 0O84 | DnB Bank ASA | Financial Services | 0.90% | $480,754.03 | — | — |
| 22 | SGSN | SGS SA | Industrials | 0.90% | $480,326.27 | — | — |
| 23 | SCMN | Swisscom AG | Communication Services | 0.90% | $479,363.79 | — | — |
| 24 | CPG | Compass Group PLC | Consumer Cyclical | 0.88% | $468,081.50 | — | — |
| 25 | FERG | Ferguson plc | Industrials | 0.88% | $468,081.50 | $44.81B | 22.8 |
| 26 | HNR1 | Hannover Rück SE | Financial Services | 0.87% | $464,926.74 | — | — |
| 27 | 4452 | Kao Corp. | Consumer Defensive | 0.87% | $462,841.38 | — | — |
| 28 | 6702 | Fujitsu Ltd. | Technology | 0.86% | $460,595.62 | — | — |
| 29 | 9433 | KDDI Corp. | Communication Services | 0.85% | $455,355.50 | — | — |
| 30 | OVV | Ovintiv Inc. | Energy | 0.84% | $451,826.44 | $19.18B | 19.3 |
| 31 | GIVN | Givaudan SA | Basic Materials | 0.84% | $450,970.91 | — | — |
| 32 | KNEBV | KONE Oyj | Industrials | 0.83% | $446,212.03 | — | — |
| 33 | 2914 | Japan Tobacco Inc | Consumer Defensive | 0.83% | $445,677.33 | — | — |
| 34 | 8309 | Sumitomo Mitsui Trust Holdings | Financial Services | 0.82% | $440,864.97 | — | — |
| 35 | 9022 | Central Japan Railway Co. | Industrials | 0.82% | $438,993.50 | — | — |
| 36 | AENA | Aena SA | Industrials | 0.79% | $423,433.56 | — | — |
| 37 | KPN | Koninklijke KPN NV | Communication Services | 0.78% | $418,086.50 | — | — |
| 38 | GEBN | Geberit AG | Industrials | 0.77% | $412,472.09 | — | — |
| 39 | 0001 | CK Hutchison Holdings Limited | Industrials | 0.77% | $411,616.56 | — | — |
| 40 | 0003 | Hong Kong and China Gas Co Ltd | Utilities | 0.77% | $411,456.15 | — | — |
| 41 | SRG | Snam SpA | Utilities | 0.77% | $411,188.80 | — | — |
| 42 | 9434 | SoftBank Corp | Communication Services | 0.76% | $408,889.56 | — | — |
| 43 | BN | Danone SA | Consumer Defensive | 0.76% | $403,702.92 | — | — |
| 44 | FNV | Franco-Nevada Corporation | Basic Materials | 0.74% | $396,805.21 | — | — |
| 45 | LI | Klepierre SA | Real Estate | 0.73% | $392,955.33 | — | — |
| 46 | ENGI | Engie S.A. | Utilities | 0.73% | $391,030.39 | — | — |
| 47 | FTI | TechnipFMC plc | Energy | 0.73% | $391,030.39 | $27.32B | 24.3 |
| 48 | 0016 | Sun Hung Kai Properties Ltd | Real Estate | 0.73% | $391,030.39 | — | — |
| 49 | 4503 | Astellas Pharma Inc. | Healthcare | 0.72% | $384,186.15 | — | — |
| 50 | 2503 | Kirin Holdings Co. Ltd. | Consumer Defensive | 0.71% | $377,021.09 | — | — |
| 51 | ROP | Roche Holding AG | Healthcare | 0.69% | $366,540.86 | — | — |
| 52 | GSK | GSK plc | Healthcare | 0.68% | $364,722.86 | — | — |
| 53 | DOL | Dollarama Inc | Consumer Defensive | 0.66% | $350,873.98 | — | — |
| 54 | KOG | Kongsberg Gruppen ASA | Industrials | 0.65% | $348,253.92 | — | — |
| 55 | HSBA | HSBC Holdings PLC | Financial Services | 0.65% | $346,435.92 | — | — |
| 56 | EQNR | Equinor ASA | Energy | 0.64% | $341,356.21 | — | — |
| 57 | 9202 | ANA Holdings Inc | Industrials | 0.63% | $334,993.22 | — | — |
| 58 | HO | Thales S.A. | Industrials | 0.61% | $323,764.39 | — | — |
| 59 | AZN | AstraZeneca PLC | Healthcare | 0.60% | $321,946.39 | — | — |
| 60 | FFH | Fairfax Financial Holdings Ltd | Financial Services | 0.60% | $321,892.92 | — | — |
| 61 | 0288 | WH Group Ltd | Consumer Defensive | 0.60% | $318,577.75 | — | — |
| 62 | LUMI | Bank Leumi Le-Israel B.M | Financial Services | 0.58% | $312,802.92 | — | — |
| 63 | ENB | Enbridge Inc | Energy | 0.58% | $311,091.86 | — | — |
| 64 | 4684 | Obic Co Ltd | Technology | 0.54% | $290,773.04 | — | — |
| 65 | 8630 | Sompo Holdings Inc | Financial Services | 0.54% | $289,917.51 | — | — |
| 66 | DANSKE | Danske Bank A/S | Financial Services | 0.54% | $289,222.39 | — | — |
| 67 | 4578 | Otsuka Holdings Ltd | Healthcare | 0.54% | $287,992.57 | — | — |
| 68 | AD | Koninklijke Ahold Delhaize NV | Consumer Defensive | 0.54% | $287,725.22 | — | — |
| 69 | POLI | Bank Hapoalim | Financial Services | 0.52% | $277,031.10 | — | — |
| 70 | FTS | Fortis Inc | Utilities | 0.51% | $272,593.04 | — | — |
| 71 | L | Loblaw Companies Limited | Consumer Defensive | 0.50% | $269,705.63 | — | — |
| 72 | AMS | Amadeus IT Group S.A. | Technology | 0.49% | $263,342.63 | — | — |
| 73 | 9020 | East Japan Railway Co. | Industrials | 0.48% | $258,637.22 | — | — |
| 74 | 7751 | Canon Inc | Technology | 0.48% | $257,942.10 | — | — |
| 75 | PPL | Pembina Pipeline Corp | Energy | 0.48% | $257,407.40 | — | — |
| 76 | 4661 | Oriental Land Co Ltd | Consumer Cyclical | 0.47% | $249,868.04 | — | — |
| 77 | 8801 | Mitsui Fudosan Co. Ltd. | Real Estate | 0.47% | $249,814.57 | — | — |
| 78 | NXT | Next PLC | Consumer Cyclical | 0.47% | $249,493.75 | — | — |
| 79 | TRI | Thomson Reuters Corp | Industrials | 0.46% | $245,643.87 | — | — |
| 80 | ADM | Admiral Group PLC | Financial Services | 0.45% | $239,013.51 | — | — |
| 81 | GWO | Great-West Lifeco Inc. | Financial Services | 0.45% | $238,318.40 | — | — |
| 82 | SAP | SAP SE | Technology | 0.44% | $236,339.99 | — | — |
| 83 | 1925 | Daiwa House Industry Co. Ltd. | Real Estate | 0.44% | $236,126.10 | — | — |
| 84 | 4507 | Shionogi & Co. Ltd. | Healthcare | 0.44% | $233,987.28 | — | — |
| 85 | 1605 | Inpex Corp. | Energy | 0.44% | $233,452.57 | — | — |
| 86 | SAMPO | Sampo Oyj A | Financial Services | 0.44% | $233,185.22 | — | — |
| 87 | GIB-A | CGI Inc | Technology | 0.44% | $232,917.87 | — | — |
| 88 | WKL | Wolters Kluwer N.V. | Industrials | 0.43% | $231,955.40 | — | — |
| 89 | 9101 | Nippon Yusen K.K | Industrials | 0.43% | $231,260.28 | — | — |
| 90 | ENX | Euronext N.V. | Financial Services | 0.43% | $230,618.63 | — | — |
| 91 | TLS | Telstra Group Ltd | Communication Services | 0.43% | $230,137.40 | — | — |
| 92 | Z74 | Singapore Telecommunications Limited | Communication Services | 0.43% | $228,105.52 | — | — |
| 93 | 5108 | Bridgestone Corp. | Consumer Cyclical | 0.42% | $227,143.05 | — | — |
| 94 | 1928 | Sekisui House Ltd. | Consumer Cyclical | 0.41% | $221,902.93 | — | — |
| 95 | 9532 | Osaka Gas Co. Ltd. | Utilities | 0.41% | $221,047.40 | — | — |
| 96 | 9843 | Nitori Holdings Co Ltd | Consumer Cyclical | 0.41% | $220,940.46 | — | — |
| 97 | ESLT | Elbit Systems Ltd | Industrials | 0.41% | $220,726.57 | — | — |
| 98 | 4689 | Z Holdings Corp | Consumer Cyclical | 0.40% | $216,395.46 | — | — |
| 99 | BNZL | Bunzl PLC | Consumer Defensive | 0.40% | $213,882.34 | — | — |
| 100 | BXB | Brambles Ltd | Industrials | 0.40% | $213,668.46 | — | — |
| 101 | 9531 | Tokyo Gas Co. Ltd. | Utilities | 0.40% | $212,705.99 | — | — |
| 102 | 0006 | Power Assets | Utilities | 0.40% | $212,010.87 | — | — |
| 103 | 8113 | Unicharm Co | Consumer Defensive | 0.39% | $206,182.58 | — | — |
| 104 | CCL-B | CCL Industries Inc | Consumer Cyclical | 0.38% | $205,380.52 | — | — |
| 105 | S68 | SINGAPORE EXCHANGE LIMITED | Financial Services | 0.38% | $205,113.16 | — | — |
| 106 | 0823 | Link Real Estate Investment Trust | Real Estate | 0.38% | $203,883.34 | — | — |
| 107 | EMA | Emera Inc. | Utilities | 0.38% | $202,813.93 | — | — |
| 108 | H | Hydro One Ltd | Utilities | 0.38% | $201,477.16 | — | — |
| 109 | SGE | Sage Group PLC | Technology | 0.38% | $201,263.28 | — | — |
| 110 | MZTF | Mizrahi Tefahot | Financial Services | 0.37% | $200,140.40 | — | — |
| 111 | 1113 | CK Asset Holdings Ltd | Real Estate | 0.37% | $198,857.11 | — | — |
| 112 | TRN | Terna Rete Elettrica Nazionale SpA | Utilities | 0.37% | $197,841.16 | — | — |
| 113 | IAG | Insurance Australia Group Ltd | Financial Services | 0.37% | $197,520.34 | — | — |
| 114 | LISP | Chocoladefabriken Lindt & Spruengli AG Part | Consumer Defensive | 0.37% | $196,878.69 | — | — |
| 115 | C38U | CapitaLand Mall Trust | Real Estate | 0.37% | $195,488.46 | — | — |
| 116 | 9435 | Hikari Tsushin Inc | Industrials | 0.36% | $194,739.87 | — | — |
| 117 | 8593 | Mitsubishi Ufj Lease Fin Ltd | Financial Services | 0.35% | $187,253.99 | — | — |
| 118 | 7309 | Shimano Inc | Consumer Cyclical | 0.35% | $185,435.99 | — | — |
| 119 | MRU | Metro Inc. | Consumer Defensive | 0.35% | $184,847.81 | — | — |
| 120 | A17U | Ascendas Real Estate Investment | Real Estate | 0.34% | $183,136.75 | — | — |
| 121 | REE | Red Eléctrica Corporación S.A. | Utilities | 0.34% | $179,340.34 | — | — |
| 122 | 0293 | Cathay Pacific Airways Limited | Industrials | 0.33% | $174,207.17 | — | — |
| 123 | J36 | Jardine Matheson Holdings Ltd | Industrials | 0.31% | $165,063.70 | — | — |
| 124 | PST | Poste Italiane SpA | Industrials | 0.29% | $157,096.58 | — | — |
| 125 | ACS | ACS Actividades de Construccion y Servicios SA | Industrials | 0.28% | $149,236.40 | — | — |
| 126 | RIO | Rio Tinto PLC | Basic Materials | 0.28% | $148,755.17 | — | — |
| 127 | KNIN | Kuehne & Nagel | Industrials | 0.28% | $148,487.81 | — | — |
| 128 | REL | Relx PLC | Industrials | 0.28% | $148,113.52 | — | — |
| 129 | SLHN | Swiss Life Holding AG | Financial Services | 0.28% | $148,006.58 | — | — |
| 130 | T | Telus Corp | Communication Services | 0.27% | $143,461.58 | — | — |
| 131 | JHX | James Hardie Industries plc | Basic Materials | 0.25% | $133,248.70 | $14.99B | 103.3 |
| 132 | ORA | Orange S.A. | Communication Services | 0.25% | $133,088.29 | — | — |
| 133 | 0388 | Hong Kong Exchange and Clearing Ltd | Financial Services | 0.24% | $129,719.64 | — | — |
| 134 | CBA | Commonwealth Bank of Australia | Financial Services | 0.24% | $128,543.29 | — | — |
| 135 | VWS | Vestas Wind Systems A/S | Industrials | 0.22% | $119,881.05 | — | — |
| 136 | REC_old | Recordati Industria Chimica e Farmaceutica S.p.A. | Healthcare | 0.22% | $117,795.70 | — | — |
| 137 | 8306 | Mitsubishi UFJ Financial Group Inc | Financial Services | 0.21% | $111,539.64 | — | — |
| 138 | IPN | Ipsen SA | Healthcare | 0.20% | $107,796.70 | — | — |
| 139 | BHP | BHP Group Ltd | Basic Materials | 0.19% | $104,214.17 | — | — |
| 140 | BEI | Beiersdorf Aktiengesellschaft | Consumer Defensive | 0.19% | $103,893.35 | — | — |
| 141 | ITX | Industria de Diseno Textil SA | Consumer Cyclical | 0.19% | $102,075.35 | — | — |
| 142 | TSEM | Tower Semiconductor Ltd | Technology | 0.19% | $101,219.82 | — | — |
| 143 | NDA-SE | Nordea Bank Abp | Financial Services | 0.19% | $100,845.52 | — | — |
| 144 | G1A | GEA GROUP | Industrials | 0.18% | $97,049.11 | — | — |
| 145 | 4519 | Chugai Pharmaceutical Co. Ltd. | Healthcare | 0.16% | $86,194.58 | — | — |
| 146 | CP | Canadian Pacific Railway Ltd | Industrials | 0.15% | $82,505.11 | — | — |
| 147 | UMG | Universal Music Group N.V. | Communication Services | 0.11% | $59,459.29 | — | — |
| 148 | 5019 | Idemitsu Kosan Co Ltd | Energy | 0.11% | $58,443.35 | — | — |
| 149 | MC | LVMH Moët Hennessy - Louis Vuitton | Consumer Cyclical | 0.10% | $55,502.47 | — | — |
| 150 | SN | Smith & Nephew PLC | Healthcare | 0.10% | $55,288.58 | — | — |
| 151 | TRP | TC Energy Corp | Energy | 0.09% | $50,529.70 | — | — |
| 152 | H78 | HONGKONG LAND HOLDINGS LIMITED | Real Estate | 0.09% | $49,781.11 | — | — |
| 153 | 1299 | AIA Group Ltd | Financial Services | 0.09% | $46,893.70 | — | — |
| 154 | 6758 | Sony Corp | Technology | 0.08% | $43,952.82 | — | — |
| 155 | FPH | Fisher & Paykel Healthcare Corporation Limited | Healthcare | 0.07% | $37,910.64 | — | — |
| 156 | CSU | Constellation Software Inc. | Technology | 0.07% | $35,611.41 | — | — |
| 157 | HAL | HAL Trust | Financial Services | 0.07% | $35,611.41 | — | — |
| 158 | GALP | Galp Energia SGPS S.A. | Energy | 0.06% | $33,472.59 | — | — |
| 159 | SPSN | Swiss Prime Site AG | Real Estate | 0.06% | $33,365.65 | — | — |
| 160 | SCHP | Schindler Ps | Industrials | 0.06% | $33,365.65 | — | — |
| 161 | 8035 | Tokyo Electron Limited | Technology | 0.06% | $29,569.23 | — | — |
| 162 | RO | Roche Holding AG | Healthcare | 0.06% | $29,462.29 | — | — |
| 163 | SY1 | Symrise AG | Basic Materials | 0.05% | $28,927.59 | — | — |
| 164 | ALV | Allianz SE VNA O.N. | Financial Services | 0.05% | $28,767.17 | — | — |
| 165 | TTE | TotalEnergies SE | Energy | 0.05% | $25,665.88 | $201.39B | 11.4 |
| 166 | C6L | Singapore Airlines Limited | Industrials | 0.05% | $25,558.94 | — | — |
| 167 | EMSN | EMS-CHEMIE HOLDING AG | Basic Materials | 0.05% | $25,291.59 | — | — |
| 168 | 6920 | Lasertec Corp | Technology | 0.04% | $23,580.53 | — | — |
| 169 | SIG | Sigma Healthcare Ltd | Healthcare | 0.04% | $22,618.06 | — | — |
| 170 | SCHN | Schindler Holding AG | Industrials | 0.04% | $22,404.18 | — | — |
| 171 | GET | Getlink SE | Industrials | 0.04% | $19,302.88 | — | — |
| 172 | 1038 | CK Infrastructure Holdings Ltd | Utilities | 0.03% | $16,789.76 | — | — |
| 173 | 0083 | Sino Land | Real Estate | 0.03% | $14,864.82 | — | — |
| 174 | AZRG | Azrieli Group Ltd | Real Estate | 0.03% | $14,330.12 | — | — |
| 175 | FMG | Fortescue Ltd | Basic Materials | 0.03% | $14,223.18 | — | — |
| 176 | NG | National Grid PLC | Utilities | 0.02% | $11,282.29 | — | — |
| 177 | GJF | Gjensidige Forsikring ASA | Financial Services | 0.02% | $10,266.35 | — | — |
| 178 | SU | Schneider Electric S.E. | Industrials | 0.01% | $7,913.65 | — | — |
| 179 | 6823 | HKT Trust | Communication Services | 0.01% | $6,149.12 | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($53.5M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
QLVD sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Financial Services | 23.4% | 33 | RY, D05, CM |
| Industrials | 15.6% | 33 | 8058, CNR, SGSN |
| Consumer Defensive | 11.2% | 15 | ULVR, NESN, 4452 |
| Healthcare | 10.0% | 15 | NOVN, SAN, 4503 |
| Technology | 7.3% | 14 | ASML, 4307, 6702 |
| Utilities | 7.2% | 14 | IBE, 0003, SRG |
| Communication Services | 6.0% | 11 | DTE, SCMN, 9433 |
| Energy | 5.7% | 11 | SHEL, OVV, FTI |
| Consumer Cyclical | 5.4% | 12 | 7832, CPG, 4661 |
| Real Estate | 4.0% | 12 | LI, 0016, 8801 |
| Basic Materials | 2.4% | 8 | GIVN, FNV, RIO |
| Other | 1.1% | 1 | 8640 |
Sum of the weights of the holdings in each sector.
QLVD top industries
Drug Manufacturers - General
9.2%
Banks - Regional
7.3%
Banks - Diversified
6.5%
Telecom Services
5.9%
Household & Personal Products
3.8%
Packaged Foods
3.0%
Conglomerates
2.8%
Information Technology Services
2.8%
Railroads
2.6%
Utilities - Diversified
2.5%
Oil & Gas Integrated
2.4%
Insurance - Diversified
2.4%
Utilities - Regulated Gas
2.3%
Semiconductor Equipment & Materials
2.3%
Insurance - Reinsurance
2.2%
QLVD overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 17.7% | 174 of 8,035 | 0.05% |
| QQQ | Invesco QQQ ETF | 1.1% | 3 of 101 | 0.17% |
| VTI | Vanguard Total Stock Market ETF | 0.7% | 21 of 2,941 | 0.03% |
| IWM | iShares Russell 2000 ETF | 0.6% | 7 of 1,962 | 0.19% |
| SPY | SPDR S&P 500 ETF | 0.6% | 8 of 502 | 0.09% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the QLVD portfolio
FlexShares Developed Markets ex-US Quality… holds 179 positions. The ten largest make up 22.7% of the fund and the top 50 58.7%, so it behaves like a portfolio of about 90 equally weighted positions. The biggest positions are Novartis AG (4.05%), Royal Bank of Canada (3.74%), Unilever PLC (2.36%), ASML Holding N.V. (2.23%), DBS Group Holdings Ltd (2.07%).
By sector, Financial Services is 23.4%, Industrials is 15.6%, Consumer Defensive is 11.2%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: QLVD chart, QLVD performance, QLVD dividends, QLVD overview.
QLVD holdings FAQ
How many holdings does QLVD have?
QLVD holds 179 positions as of October 25, 2026.
What are the top 10 holdings of QLVD?
The ten largest holdings are Novartis AG (4.05%), Royal Bank of Canada (3.74%), Unilever PLC (2.36%), ASML Holding N.V. (2.23%), DBS Group Holdings Ltd (2.07%), Iberdrola S.A. (1.72%), Canadian Imperial Bank Of Commerce (1.68%), Shell plc (1.66%), Nestle S.A. (1.64%), Zurich Insurance Group AG (1.59%). Together they are 22.7% of the fund.
What percentage of QLVD is Novartis AG?
Novartis AG is the largest holding at 4.05% of net assets, about $2.2M of the fund's $53.5M.
Which sector is the largest in QLVD?
Financial Services is the largest sector at 23.4%, followed by Industrials (15.6%) and Consumer Defensive (11.2%), based on the sectors of the individual holdings.
How concentrated is QLVD?
The top 10 holdings are 22.7% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) QLVD behaves like a portfolio of about 90 equally weighted positions.