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FDEVvsQLVDETF Comparison
FlexShares Developed Markets ex-US Quality Low Volatility Index Fund ETF
Fidelity International Multifactor ETF (FDEV) and FlexShares Developed Markets ex-US Quality Low Volatility Index Fund ETF (QLVD) belong to the same industry segment: DM Large & Mid Cap. FDEV's top 3 sector exposures are Financials, Materials and Industrials. In contrast, QLVD's top sector exposures are Financials, Industrials and Health Care. FDEV is more expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.14% for QLVD. FDEV is up 2.32% year-to-date (YTD) with +$25M in YTD flows. QLVD performs better with 4.05% YTD performance, and +$66K in YTD flows. Run a side-by-side ETF comparison of FDEV and QLVD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FDEV vs QLVD performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FDEV QLVD | -4.87%-2.64% | +3.15%+5.46% | +2.32%+4.05% | +25.29%+18.81% | +57.29%+48.60% | +47.12%+45.26% |
| Flows | FDEV QLVD | +$7M+$66K | +$32M+$66K | +$25M+$66K | +$111M+$10M | +$195M-$32M | +$205M-$36M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FDEV QLVD | +11.60%+9.52% | +12.81%+11.71% | +11.23%+10.07% | +12.62%+11.03% |
| Max drawdown | FDEV QLVD | -6.30%-5.36% | -9.93%-8.72% | -9.93%-9.60% | -28.58%-24.25% |
| Max drawdown duration | FDEV QLVD | 12d10d | 29d12d | 29d157d | 1037d980d |
FDEV | QLVD | |
Last sale 3/13/2026 at 1:30 PM | $35.34 | $32.66 |
| Previous close 03/12/2026 | $35.67 | $32.81 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
FDEV | QLVD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FDEV | QLVD | |
|---|---|---|
| Last price | $35.34 | $32.66 |
| 1D performance | -0.92% | -0.44% |
| AuM | $258.62 M | $61.29 M |
| E/R | 0.2% | 0.14% |
FDEV | QLVD | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Fidelity | FlexShares |
| Benchmark | Fidelity International Multifactor Index | Northern Trust Developed Markets ex US Quality Low Volatility Index |
| N° of holdings | 198 | 159 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 26, 2020 | July 16, 2019 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the FDEV and QLVD ETFs performed in 2026?
As of March 13, 2026, FDEV is up 2.32% year-to-date (YTD), while QLVD has returned 4.05%. That puts QLVD better performer ahead so far this year.
Which ETF is attracting more investor money: FDEV or QLVD?
Year-to-date, the FDEV ETF saw +$25M in flows, compared to +$66K for QLVD.
Which ETF is more volatile: FDEV or QLVD?
Over the past year, FDEV had a volatility of 12.81%, while QLVD experienced 11.71%.
Which ETF is bigger: FDEV or QLVD?
As of March 13, 2026, FDEV holds $258.62 M in assets under management (AUM), while QLVD manages $61.29 M.
What sectors do the FDEV and QLVD ETFs invest in?
FDEV leans toward sectors like Financials, Materials and Industrials. Meanwhile, QLVD focuses on Financials, Industrials and Health Care.
What are the top holdings of the FDEV ETF and QLVD ETF?
FDEV top holdings include FRESNILLO PLC, PSP SWISS PROPERTY and KINROSS GOLD. QLVD holds in its top three: NOVARTIS, GB00BVZK7T90 and ROYAL BK CANADA.
Which ETF is more diversified: FDEV or QLVD?
FDEV holds 207 securities with 22.13% of its assets in the top 15. QLVD has 167 securities and a top 15 weight of 25.56%.
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