QLVE: FLEXSHARES EMERGING MARKETS QUALITY LOW VOLATILITY INDEX FUND
ETF Education Report: FLEXSHARES EMERGING MARKETS QUALITY LOW VOLATILITY INDEX FUND (QLVE)
What this ETF is trying to do
The FLEXSHARES EMERGING MARKETS QUALITY LOW VOLATILITY INDEX FUND (ticker: QLVE) is an exchange-traded fund (ETF). Based on its name, it focuses on companies in emerging markets that are considered "quality" and have lower volatility. This means the fund looks for stocks in developing economies that might not swing up and down in price as wildly as other stocks.
What the numbers show
When looking at an ETF, it is important to understand two different types of returns: price return and total return.
• Price Return: This only measures how much the share price itself has changed.
• Total Return: This includes both the change in share price *and* any cash distributions (dividends) paid out to investors.
For QLVE, the numbers show:
• Year-to-Date (YTD): The price return is approximately 16.64%, while the total return is approximately 18.63%.
• One Year: The price return was approximately 16.91%, and the total return was approximately 20.70%.
• Three Year: The price return was approximately 55.49%, and the total return was approximately 69.11%.
To give you an idea of price movement, the current price is $34.29. The estimated price from roughly one year ago was approximately $29.33.
Income and distribution explanation
Some investors look for ETFs that pay out cash, known as distributions. QLVE has a distribution yield of approximately 2.97%. This number describes the cash distributions relative to the ETF's price. Over the last 12 months, there were 4 payouts, which usually happen on a quarterly basis.
It is important to remember that a distribution yield is not the same as total return. While distributions provide cash income, they do not guarantee that your original investment will stay the same value.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of the underlying assets in a fund decreases significantly over time. StockValueFinder uses an erosion-risk score to help measure this risk.
For QLVE, the erosion score is 100, and the label indicates "No price erosion detected." There is no severe erosion-risk flag for this fund.
Top Holdings
The following are some of the top holdings in this fund. Please note that this is a partial list and holdings can change over time:
• SAMSUNG ELECTRONICS CO LTD (7.50%)
• SK HYNIX INC (5.15%)
• TENCENT HOLDINGS LTD (2.61%)
• PETROLEO BRASILEIRO SA PETROBRAS (2.08%)
• MEDIATEK INC (1.72%)
• UNITED MICROELECTRONICS CORP (1.50%)
• BANK OF CHINA LTD CLASS H (1.20%)
• HDFC BANK LTD (1.08%)
Pros
• The fund has shown positive price returns and total returns over the one-year and three-year periods.
• The erosion-risk measurement is rated as "good."
Cons
• As with all ETFs, the value of your investment can go down as well as up.
• The list of holdings provided is only a partial view of the total 161 holdings.
Beginner takeaway
When studying QLVE, notice that the total return is higher than the price return. This happens because the fund pays out distributions in addition to the changes in share price. Always look at both numbers to see the full picture of how an ETF has performed.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | n/a | n/a | 15.71% |
| 2 | SAMSUNG ELECTRONICS CO LTD | n/a | 7.50% |
| 3 | SK HYNIX INC | n/a | 5.15% |
| 4 | TENCENT HOLDINGS LTD | n/a | 2.61% |
| 5 | n/a | n/a | 2.34% |
| 6 | n/a | n/a | 2.29% |
| 7 | PETROLEO BRASILEIRO SA PETROBRAS | n/a | 2.08% |
| 8 | MEDIATEK INC | n/a | 1.72% |
| 9 | UNITED MICROELECTRONICS CORP | n/a | 1.50% |
| 10 | BANK OF CHINA LTD CLASS H | n/a | 1.20% |