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Launched · SEC filings

Northern Trust International Quality Dividend ETF

IQDFNYSE ArcaFlexSharesB

$33.65+0.01 (+0.03%)

At close: Nov 2, 2026, 4:00 PM ET

B64/ 100

Rank 13 of 35 in International Dividend Index

B64/100Rank 13 of 35inInternational Dividend Index
Intraday session: up, 79 prints from 33.64 to 33.65. Range 33.65 to 34.08. Use the arrow keys to read each point.33.7033.8033.9034.0034.1010 AM12 PM2 PM4 PM
Expense ratio
0.47%*
Fund size
$1.12B
1Y total return
+20.4%
Yield · Last 12 months
3.53%
Holdings
221
Avg volume · 30D
53.1K sh
52W range
low $28.68high $36.52
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Mar 1, 2027. Without it: 0.49%.

The ETF.net IQDF Grade

B

Score 64 out of 100

Category
International Dividend Index⁠
Rank
13 of 35
Six-pillar profile for IQDF. Scores out of 100: Cost 65, Risk 40, Mission 91, Tradability 41, Holdings 70, Durability 60. Strongest: Mission (91). Weakest: Risk (40). Leans toward Mission.

Score 64 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B65 out of 100
    Rank 12 of 35

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A91 out of 100
    Rank 15 of 30

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C40 out of 100
    Rank 24 of 35

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C41 out of 100
    Rank 22 of 35

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A70 out of 100
    Rank 9 of 33

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B60 out of 100
    Rank 17 of 35

Our read on IQDF

ETF.net Research

In short

BA dividend fund that ignores dividend history. Northern Trust scores roughly 300 non-US large and mid caps on its own Dividend Quality Score, chasing payouts the balance sheet can support, and pays quarterly.

Stated mandate

The Fund seeks to track, before fees and expenses, the price and yield performance of the Northern Trust International Quality Dividend Index.

Why people hold it

  • The screen looks forward, not backward: a Dividend Quality Score built on profitability and quality metrics, instead of a streak of past raises that can stop any year.flexshares.com
  • Transparent plumbing: names are drawn from Northern Trust's own index of non-US large and mid caps, then weighted toward the strongest dividend-quality scorers.sec.gov
  • Running since 2013, and the designated survivor of the lineup: it was the acquiring fund when FlexShares folded its defensive international dividend sibling in.sec.gov
  • A billion-dollar-plus fund that sits in the upper half of its international dividend peer group on our review.

Worth knowing

  • Costs 0.47% net of a waiver through March 1, 2027 (0.49% gross), near the category median, while index rivals VYMI (0.07%) and SCHY (0.08%) charge less.
  • Moderately traded rather than a category heavyweight, so the spread you pay at the moment of trade matters more.
  • A quality-and-yield screen shifts the sector and country mix away from a plain international index, so results can diverge from the broad market.flexshares.com

IQDF Performance

Launched Apr 12, 2013

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

IQDF$12,040
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. IQDF $12,040. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for IQDF. Periods over one year show the average yearly return.
PeriodIQDF
Year to date+13.9%
1 month−2.2%
3 months−2.2%
1 year+20.4%
3 yearsper year+23.7%
5 yearsper year+11.0%
10 yearsper year+9.2%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for IQDF
YearReturn barIQDF
2026 YTD+13.9%
2025+35.4%
2024+6.6%
2023+20.1%
2022−14.7%
2021+10.2%
2020+3.4%

IQDF in the news

IQDF Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
3.53%Last 12 months
Payout per share
$1.19Last 12 months
Last payment
$0.43 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 38 payments from 2017 to 2026 YTD. Mar 20, 2017 $0.10; Jun 19, 2017 $0.42; Sep 18, 2017 $0.24; Dec 21, 2017 $0.29; Mar 19, 2018 $0.10; Jun 18, 2018 $0.51; Sep 24, 2018 $0.36; Dec 21, 2018 $0.24; Mar 15, 2019 $0.13; Jun 21, 2019 $0.46; Sep 20, 2019 $0.30; Dec 20, 2019 $0.19; Mar 20, 2020 $0.18; Jun 19, 2020 $0.23; Sep 18, 2020 $0.24; Dec 18, 2020 $0.11; Mar 19, 2021 $0.12; Jun 18, 2021 $0.33; Sep 17, 2021 $0.35; Dec 17, 2021 $0.27; Mar 18, 2022 $0.16; Jun 17, 2022 $0.46; Sep 16, 2022 $0.34; Dec 16, 2022 $0.20; Mar 17, 2023 $0.04; Jun 16, 2023 $0.44; Sep 15, 2023 $0.35; Dec 15, 2023 $0.57; Jun 21, 2024 $0.38; Sep 20, 2024 $0.23; Dec 20, 2024 $0.95; Mar 21, 2025 $0.09; Jun 20, 2025 $0.44; Sep 19, 2025 $0.29; Dec 19, 2025 $0.17; Mar 20, 2026 $0.07; Jun 18, 2026 $0.52; Sep 18, 2026 $0.43. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 24, 2026$0.43
Jun 18, 2026Jun 25, 2026$0.52
Mar 20, 2026Mar 26, 2026$0.07
Dec 19, 2025Dec 26, 2025$0.17
Sep 19, 2025Sep 25, 2025$0.29
Jun 20, 2025Jun 26, 2025$0.44
Mar 21, 2025Mar 27, 2025$0.09
Dec 20, 2024Dec 27, 2024$0.95
Sep 20, 2024Sep 26, 2024$0.23
Jun 21, 2024Jun 27, 2024$0.38
Dec 15, 2023Dec 21, 2023$0.57
Sep 15, 2023Sep 21, 2023$0.35

See all 53 payments⁠

$10,000 in IQDF 10 years ago paid $5,242 in dividends.⁠

IQDF Risk

Risk pillarC40 out of 100Rank 24 of 35 in International Dividend Index
How much the fund’s monthly returns vary, scaled to a year.
10.9%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.62
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−29.1%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.81
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

IQDF Cost

Compare IQDF and VYMI

Overpaying vs VYMI, tied cheapest in International Dividend Index

$7,938

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IQDF 0.47%

    $9,418

  • VYMI 0.07% Tied cheapest

    $1,480

$10,000
30 years

Cost over time

  • IQDF 0.47%
  • VYMI 0.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530IQDF $9,418VYMI $1,480

Year by year

YearIQDFVYMIOverpaying
10$847$128$719
20$3,261$503$2,758
30$9,418$1,480$7,938
How the 0.47% is worked out

Full fee 0.49%− waiver 0.02%= you pay 0.47%

The waiver ends Mar 1, 2027. After that the fee is 0.49% unless FlexShares renews it. Source: prospectus, Aug 2026.

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