Northern Trust US Quality Large Cap ETF
$92.30−0.12 (−0.13%)
- 0.26%
- $1.1B
- +22.8%
- 0.94%
- 0M sh
- $92.50
- low $75.75high $94.07
The ETF.net QLC Grade
A
Score 71 out of 100
- 20 of 99
Score 71 of 100 falls in the A 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 100Rank 33 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A94 out of 100Rank 17 of 86Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A71 out of 100Rank 16 of 97Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A71 out of 100Rank 18 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D38 out of 100Rank 75 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 23 of 99
Our read on QLC
AA quality-first take on multifactor investing: Northern Trust's index grades large-cap US companies on quality, then folds in value and momentum. Roughly 180 names, 0.26% a year, running since 2015.
The Fund seeks to track the price and yield performance of the Northern Trust Quality Large Cap Index before fees and expenses.
Why people hold it
- At 0.26% a year, it undercuts the typical US multifactor large-cap fund, which runs closer to 0.32%.flexshares.com
- One index, three factors: quality leads, with value and momentum built into the same screen instead of three separate sleeves stacked together.flexshares.com
- Narrow job, tight execution: it mirrors the Northern Trust Quality Large Cap Index before fees and has stayed very close to that benchmark.flexshares.com
- Live since 2015 and one of the stronger implementations in a crowded field of US multifactor ETFs.
Worth knowing
- Trades thinly next to the category's giants, so spreads can be wider and bigger orders need more care.
- About 180 holdings is a narrower slice of the large-cap market than broad index funds carrying many hundreds of names.
- Plain-vanilla large-cap exposure costs far less: VYM and IUSG each charge 0.04%.
QLC Holdings
- Stocks
- 159
- 36%
- NVDA
Sectors
- Technology38.0%
- Financials12.6%
- Communication11.4%
- Health Care10.5%
- Consumer Discretionary7.4%
- Industrials6.5%
- Energy3.7%
- Consumer Staples3.6%
- Materials2.6%
- Utilities2.2%
- Real Estate1.5%
Geography
- United States97.75%
- Singapore0.81%
- Ireland0.76%
- Netherlands0.46%
- Sweden0.22%
QLC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
QLC$12,278
Returns run to the Oct 12, 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.
| Period | QLC |
|---|---|
| Year to date | +14.9% |
| 1 month | +0.4% |
| 3 months | +1.7% |
| 1 year | +22.8% |
| 3 years | +25.1% |
| 5 years | +15.5% |
| 10 years | +14.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QLC |
|---|---|---|
| 2026 YTD | +14.9% | |
| 2025 | +23.3% | |
| 2024 | +26.7% | |
| 2023 | +26.0% | |
| 2022 | −17.2% | |
| 2021 | +28.5% | |
| 2020 | +13.7% |
QLC in the news
QLC Dividends
- 0.94%
- $0.87
- $0.22 per share
- Quarterly
Distribution history
QLC Risk
- 12.2%
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.
- 1.57
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.
- −23.8%
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.
- 0.99
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QLC Cost
0.26%
QLC0.26%
- The middle half of US Multifactor funds
- Median 0.30%
35 of the 99 US Multifactor funds charge less.
Other funds in US Multifactor
- AFLQLFranklin U.S. Large Cap Multifactor Index ETFExpense ratio 0.15%1 year return +21.3%
- AOMFLInvesco Russell 1000 Dynamic Multifactor ETFExpense ratio 0.29%1 year return +22.3%
- AJHMLJohn Hancock Investments - Multifactor Large Cap ETFExpense ratio 0.29%1 year return +20.2%
- AJPUSJPMorgan Diversified Return U.S. Equity ETFExpense ratio 0.18%1 year return +17.7%
- AFLRGFidelity U.S. Multifactor ETFExpense ratio 0.15%1 year return +14.2%