ATLASFlexShares US Quality Large Cap Index Fund (QLC): outlook, holdings and fees
FlexShares US Quality Large Cap Index Fund (QLC) is an exchange-traded fund and is managed by Northern Trust. The expense ratio is 0.24% and the yield is 0.95%. The ten largest holdings are 37% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on QLC
| Last price | $89.39 (-1.6%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $87.87 – $91.88 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 0.95% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
QLC fund facts
| Issuer | Northern Trust |
|---|---|
| Theme | US large caps |
| Assets under management | $1.1B |
| Expense ratio | 0.24% |
| Number of holdings | 50 |
| Portfolio turnover | 20% |
| Inception | Sep 23, 2015 |
| Exchange | CBOE |
The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess greater exposure to quality, value and momentum factors relative to a universe of publicly-traded U.S. large-capitalization equity securities. The fund generally will invest under normal circumstances at least 80% of its total assets (exclusive of collateral held from securities lending) in the securities of its underlying index.
QLC top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 8.22% |
| Apple Inc. AAPL | Technology | 5.79% |
| Microsoft Corporation MSFT | Technology | 4.09% |
| Alphabet Inc Class A GOOGL | Communication Services | 4.13% |
| Alphabet Inc Class C GOOG | Communication Services | 3.50% |
| Broadcom Inc AVGO | Technology | 2.73% |
| Amazon.com Inc AMZN | Consumer Cyclical | 2.61% |
| Micron Technology Inc MU | Technology | 2.19% |
| JPMorgan Chase & Co JPM | Financial Services | 1.87% |
| Johnson & Johnson JNJ | Healthcare | 1.82% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
QLC sector breakdown
| Sector | Weight |
|---|---|
| Technology | 39.2% |
| Financial Services | 12.1% |
| Communication Services | 11.1% |
| Healthcare | 10.0% |
| Consumer Cyclicals | 7.2% |
| Industrials | 6.3% |
| Energy | 4.1% |
| Consumer Defensive | 3.6% |
| Basic Materials | 2.7% |
| Utilities | 2.2% |
| Real Estate | 1.6% |
By region: North America 100.0%.
QLC returns and risk
| Year to date | +14.8% |
|---|---|
| 1 year | +23.4% |
| 3 years (annualised) | +24.0% |
| 5 years (annualised) | +15.1% |
| 10 years (annualised) | +14.9% |
| Volatility (3 years) | 12.6% |
| Sharpe ratio (3 years) | 1.56 |
Past returns do not guarantee future results.
QLC: frequently asked questions
What does QLC invest in?
FlexShares US Quality Large Cap Index Fund invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (8.2%), Apple Inc. (5.8%), Microsoft Corporation (4.1%), Alphabet Inc Class A (4.1%), Alphabet Inc Class C (3.5%).
What is the QLC expense ratio?
0.24% a year: about $24.00 for every $10,000 invested.
What is the QLC dividend yield?
0.95%. ATLAS does not hold the exact distribution dates for ETFs.
Will QLC go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $87.87 to $91.88 from $89.39 today. It is a probability, not a prediction.
How has QLC performed?
Year to date +14.8%, one year +23.4%, three years +24.0% a year, five years +15.1% a year. Past returns do not guarantee future results.
Similar ETFs: US large caps
- Vanguard Total Stock Market ETF (VTI)
- Schwab U.S. Dividend Equity ETF (SCHD)
- iShares Core S&P Total U.S. Stock Market ETF (ITOT)
- Schwab U.S. Large-Cap ETF (SCHX)
- Schwab U.S. Large-Cap Growth ETF (SCHG)
- Vanguard Morningstar Large-Cap ETF (VV)
- Dimensional U.S. Core Equity 2 ETF (DFAC)
- iShares MSCI USA Quality Factor ETF (QUAL)
Educational information, not investment advice. Disclaimer