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IQDFvsFRGNETF Comparison

ETF 1

IQDF

FlexShares International Quality Dividend Index Fund ETF

This fund is part of

Global Large Cap

+0.3%

Full IQDF fund page

VS

ETF 2

FRGN

Horizon International Equity ETF

This fund is part of

Options Strategies

+0.11%

Full FRGN fund page

FlexShares International Quality Dividend Index Fund ETF (IQDF) belongs to the Global Large Cap segment. Horizon International Equity ETF (FRGN) is part of the Options Strategies segment. IQDF's top 3 sector exposures are Financials, Information Technology and Industrials. In contrast, FRGN's top sector exposures are Information Technology, Financials and Industrials. IQDF is less expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.75% for FRGN. IQDF is up 10.4% year-to-date (YTD) with +$59M in YTD flows. FRGN performs better with 14.34% YTD performance, and -$3M in YTD flows. Run a side-by-side ETF comparison of IQDF and FRGN below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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IQDF vs FRGN performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 05/01/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IQDF FRGN	+4.78%+7.70%	+3.95%+6.12%	+10.40%+14.34%	+36.35%n/a	+74.74%n/a	+64.30%n/a
Flows	IQDF FRGN	--	+$34M-$3M	+$59M-$3M	+$196M-	+$237M-	+$300M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IQDF FRGN	+17.40%+21.62%	+11.76%n/a	+12.83%n/a	+13.58%n/a
Max drawdown	IQDF FRGN	-9.13%-11.40%	-9.13%n/a	-13.00%n/a	-29.71%n/a
Max drawdown duration	IQDF FRGN	64d65d	64dn/a	42dn/a	980dn/a

Trading data

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	IQDF	FRGN
Last sale 5/4/2026 at 3:47 PM	$33.33	$29.55
Previous close 05/01/2026	$33.55	$29.64
Consolidated volume 05/01/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 30, 2026

1-year trailing difference

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FRGN

is actively managed and doesn’t replicate an index

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	IQDF	FRGN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 5/4/2026 at 3:47 PM

Live

Closed

	IQDF	FRGN
Last price	$33.33	$29.55
1D performance	-0.66%	-0.30%
AuM	$1.10 B	$94.02 M
E/R	0.49%	0.75%

Characteristics

	IQDF	FRGN
Management strategy	Passive	Active
Provider	FlexShares	Horizon Investments
Benchmark	Northern Trust International Quality Dividend Index	-
N° of holdings	163	399
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	April 12, 2013	December 3, 2025
ESG	No	No

More IQDF data on Trackinsight

More FRGN data on Trackinsight

Exposure

Countries

IQDF

Japan

10.84%

Taiwan

9.02%

United Kingdom

7.5%

Other

72.64%

FRGN

Japan

12.18%

Republic of Korea

11.14%

United Kingdom

10.02%

Canada

9.49%

Taiwan

7.57%

Other

49.6%

Sectors

IQDF

Financials

21.94%

Information Techn.

12.72%

Industrials

10.94%

Energy

8.4%

Materials

7.9%

Other

38.11%

FRGN

Information Techn.

24.02%

Financials

14.5%

Industrials

10.46%

Energy

8.66%

Health Care

8.42%

Materials

7.66%

Other

26.29%

Diversification

IQDF

Total weight of top 15 holdings out of 15

21.59%

FRGN

Total weight of top 15 holdings out of 15

29.53%

Top 15 holdings

Data as of March 31, 2026

IQDF

TWN SEMICONT MAN

3.63%

CH1499059983

1.80%

TOKYO ELECTRON

1.57%

ADVANTEST

1.46%

NOVARTIS

1.41%

EQUINOR

1.36%

ENEL GLOBAL TRADING

1.34%

BHP GROUP LTD

1.31%

DK0062498333

1.21%

TOTALENERGIES SE

1.16%

SAMSUNG ELECTR

1.11%

NESTLE SA

1.11%

MEDIATEK INC

1.05%

ASML HOLDING

1.04%

ROYAL BK CANADA

1.02%

FRGN

TWN SEMICONT MAN

4.00%

SAMSUNG ELECTR

3.98%

ASML HOLDING

3.51%

SK HYNIX

3.48%

NOVARTIS

2.34%

SHELL PLC

1.59%

ASTRAZENECA

1.53%

TORONTO DOMINION

1.49%

TOTALENERGIES SE

1.42%

ALIBABA GROUP HOLDING LTD

1.31%

AGNICO EAGLE MINES LTD

1.06%

GSK PLC

1.05%

RIO TINTO

1.03%

CDN NATURAL RESOURCE

0.88%

DEUTSCHE TELEKOM AG

0.86%

Frequently asked questions about IQDF and FRGN

How have the IQDF and FRGN ETFs performed in 2026?

As of May 1, 2026, IQDF is up 10.4% year-to-date (YTD), while FRGN has returned 14.34%. That puts FRGN better performer ahead so far this year.

Which ETF is attracting more investor money: IQDF or FRGN?

Year-to-date, the IQDF ETF saw +$59M in flows, compared to -$3M for FRGN.

Which ETF is bigger: IQDF or FRGN?

As of May 1, 2026, IQDF holds $1.10 B in assets under management (AUM), while FRGN manages $94.02 M.

What sectors do the IQDF and FRGN ETFs invest in?

IQDF leans toward sectors like Financials, Information Technology and Industrials. Meanwhile, FRGN focuses on Information Technology, Financials and Industrials.

What are the top holdings of the IQDF ETF and FRGN ETF?

IQDF top holdings include TWN SEMICONT MAN, CH1499059983 and TOKYO ELECTRON. FRGN holds in its top three: TWN SEMICONT MAN, SAMSUNG ELECTR and ASML HOLDING.

IQDFvsFRGNETF Comparison

FlexShares International Quality Dividend Index Fund ETF

Horizon International Equity ETF

IQDF vs FRGN performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the IQDF and FRGN ETFs performed in 2026?

As of May 1, 2026, IQDF is up 10.4% year-to-date (YTD), while FRGN has returned 14.34%. That puts FRGN better performer ahead so far this year.

Which ETF is attracting more investor money: IQDF or FRGN?

Year-to-date, the IQDF ETF saw +$59M in flows, compared to -$3M for FRGN.

Which ETF is bigger: IQDF or FRGN?

As of May 1, 2026, IQDF holds $1.10 B in assets under management (AUM), while FRGN manages $94.02 M.

What sectors do the IQDF and FRGN ETFs invest in?

IQDF leans toward sectors like Financials, Information Technology and Industrials. Meanwhile, FRGN focuses on Information Technology, Financials and Industrials.

What are the top holdings of the IQDF ETF and FRGN ETF?

IQDF top holdings include TWN SEMICONT MAN, CH1499059983 and TOKYO ELECTRON. FRGN holds in its top three: TWN SEMICONT MAN, SAMSUNG ELECTR and ASML HOLDING.

Which ETF is more diversified: IQDF or FRGN?

IQDF holds 176 securities with 21.59% of its assets in the top 15. FRGN has 434 securities and a top 15 weight of 29.53%.

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