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Launched · SEC filings

Northern Trust International Quality Dividend Dynamic ETF

IQDYNYSE ArcaFlexSharesB

$40.20+0.12 (+0.29%)

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

B54/ 100

Rank 17 of 35 in International Dividend Index

B54/100Rank 17 of 35inInternational Dividend Index
Intraday session: up, 79 prints from 40.08 to 40.20. Range 40.20 to 40.86. Use the arrow keys to read each point.40.4040.6040.8010 AM12 PM2 PM4 PM
Expense ratio
0.47%*
Fund size
$105M
1Y total return
+17.9%
Yield · Last 12 months
3.47%
Holdings
232
Avg volume · 30D
7.9K sh
52W range
low $34.19high $44.46
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Mar 1, 2027. Without it: 0.51%.

The ETF.net IQDY Grade

B

Score 54 out of 100

Category
International Dividend Index⁠
Rank
17 of 35
Six-pillar profile for IQDY. Scores out of 100: Cost 65, Risk 32, Mission 78, Tradability 15, Holdings 68, Durability 44. Strongest: Mission (78). Weakest: Tradability (15). Leans toward Mission.

Score 54 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25. The letter stays B for now. A new letter must hold for 3 published runs before it replaces it.

  • 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.
    A78 out of 100
    Rank 23 of 30

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D32 out of 100
    Rank 29 of 35

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F15 out of 100
    Rank 32 of 35

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B68 out of 100
    Rank 11 of 33

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C44 out of 100
    Rank 28 of 35

Our read on IQDY

ETF.net Research

In short

BInternational dividend funds usually lean defensive. This one goes the other way: a quality-and-yield screen on non-US developed and emerging names, then optimized toward a beta of 1.0 to 1.5 times its parent index.

Stated mandate

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

Why people hold it

  • The "dynamic" label is literal: the index targets an aggregate beta of 1.0 to 1.5 times the Northern Trust International Large Cap parent index instead of damping it.sec.gov
  • Quality gates come first: non-dividend-payers and the weakest quintile on management efficiency, profitability and cash flow are cut before anything gets weighted.sec.gov
  • Sector, industry group, region, country, single-security and turnover constraints spread roughly 200 names across developed and emerging markets. Income is paid quarterly.sec.gov
  • Trading since 2013, so the strategy has a long live record through real market cycles rather than a backtest.

Worth knowing

  • Costs 0.47% net of a waiver through March 1, 2027 (0.51% gross). That is near the category median, but the highest-ranked peers run far cheaper: VYMI at 0.07%, SCHY at 0.08%.
  • Small and thinly traded. Spreads tend to be wider than the household-name alternatives, and that gap is a real cost stacked on top of the expense ratio.
  • A beta target above the parent index means the portfolio is built to move more than that benchmark in both directions, and emerging-market and currency exposure add to the swing.sec.gov

IQDY 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.

IQDY$11,794
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. IQDY $11,794. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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 IQDY. Periods over one year show the average yearly return.
PeriodIQDY
Year to date+12.8%
1 month−5.0%
3 months−3.7%
1 year+17.9%
3 yearsper year+23.1%
5 yearsper year+11.4%
10 yearsper year+10.6%

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 IQDY
YearReturn barIQDY
2026 YTD+12.8%
2025+37.4%
2024+6.0%
2023+23.5%
2022−15.7%
2021+12.0%
2020+9.6%

IQDY in the news

IQDY 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 Nov 2, 2026.
3.47%Last 12 months
Payout per share
$1.40Last 12 months
Last payment
$0.46 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 $0.11; Jun 19, 2017 $0.41; Sep 18, 2017 $0.23; Dec 21, 2017 $0.28; Mar 19, 2018 $0.12; Jun 18, 2018 $0.53; Sep 24, 2018 $0.36; Dec 21, 2018 $0.28; Mar 15, 2019 $0.10; Jun 21, 2019 $0.43; Sep 20, 2019 $0.33; Dec 20, 2019 $0.16; Mar 20, 2020 $0.14; Jun 19, 2020 $0.26; Sep 18, 2020 $0.25; Dec 18, 2020 $0.09; Mar 19, 2021 $0.12; Jun 18, 2021 $0.32; Sep 17, 2021 $0.37; Dec 17, 2021 $0.36; Mar 18, 2022 $0.14; Jun 17, 2022 $0.66; Sep 16, 2022 $0.36; Dec 16, 2022 $0.18; Mar 17, 2023 $0.05; Jun 16, 2023 $0.52; Sep 15, 2023 $0.42; Dec 15, 2023 $0.81; Jun 21, 2024 $0.45; Sep 20, 2024 $0.27; Dec 20, 2024 $1.21; Mar 21, 2025 $0.12; Jun 20, 2025 $0.52; Sep 19, 2025 $0.33; Dec 19, 2025 $0.23; Mar 20, 2026 $0.12; Jun 18, 2026 $0.59; Sep 18, 2026 $0.46. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 24, 2026$0.46
Jun 18, 2026Jun 25, 2026$0.59
Mar 20, 2026Mar 26, 2026$0.12
Dec 19, 2025Dec 26, 2025$0.23
Sep 19, 2025Sep 25, 2025$0.33
Jun 20, 2025Jun 26, 2025$0.52
Mar 21, 2025Mar 27, 2025$0.12
Dec 20, 2024Dec 27, 2024$1.21
Sep 20, 2024Sep 26, 2024$0.27
Jun 21, 2024Jun 27, 2024$0.45
Dec 15, 2023Dec 21, 2023$0.81
Sep 15, 2023Sep 21, 2023$0.42

See all 53 payments⁠

$10,000 in IQDY 10 years ago paid $5,546 in dividends.⁠

IQDY Risk

Risk pillarD32 out of 100Rank 29 of 35 in International Dividend Index
How much the fund’s monthly returns vary, scaled to a year.
12.6%
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.
1.46
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.
−32.3%
Trough Sep 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.
0.91
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.

IQDY Cost

Compare IQDY 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.

  • IQDY 0.47%

    $9,418

  • VYMI 0.07% Tied cheapest

    $1,480

$10,000
30 years

Cost over time

  • IQDY 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$10K051015202530IQDY $9,418VYMI $1,480

Year by year

YearIQDYVYMIOverpaying
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 0.51%− waiver 0.04%= you pay 0.47%

The waiver ends Mar 1, 2027. After that the fee is 0.51% unless FlexShares renews it. Source: prospectus, Aug 2026.

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