Northern Trust Emerging Markets Quality Low Volatility ETF
$34.23−0.45 (−1.29%)
- Expense ratio
- 0.19%
- Fund size
- $17M
- 1Y return
- +23.4%
- Yield · Last 12 months
- 2.94%
- Holdings
- 165
- Volume · 30D
- 0M sh
- NAV per share
- $34.29
- 52W range
The ETF.net QLVE Grade
Score 60 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 100Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 93Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 66Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 4Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 34Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 33Category rank
Our read on QLVE
BEmerging markets, filtered twice: keep the steady, higher-quality companies and skip the wild ones. QLVE runs Northern Trust's quality plus low-volatility index for 0.19%, well under half the going rate for multifactor EM funds.
The Fund is designed for investors seeking emerging-markets exposure with an emphasis on quality and low volatility. It seeks to match, before fees and expenses, the performance of the Northern Trust Emerging Markets Quality Low Volatility Index.
Why people hold it
- 0.19% a year, less than half the median fee among multifactor emerging-markets ETFs, and under peers like EMGF (0.26%) and AVES (0.36%).flexshares.com
- Two screens, one ticker: the index picks on quality and low volatility instead of just company size, so the mix leans toward calmer EM names.flexshares.com
- Live since 2019 and tightly aligned with its stated index, so the portfolio has matched what the prospectus advertises rather than drifting.
- Pays quarterly and holds roughly 170 stocks, a manageable, transparent slice of the emerging-markets universe.
Worth knowing
- The trading desk is the weak spot: a small asset base and light volume mean spreads can run wider than the giant EM funds.
- About 170 names is a narrow cut of a broad EM index, so country and sector weights can sit far from a plain cap-weighted benchmark.
- A low-volatility screen by design steers away from the most volatile stocks, so the ride tends to diverge from standard EM exposure in both directions.
QLVE Holdings
- Stocks
- 165
- 40%
- 2330.TW
Sectors
- Technology36.5%
- Financials14.5%
- Communication9.8%
- Energy7.5%
- Industrials6.8%
- Cons. Staples6.2%
- Consumer Discr.6.0%
- Health Care5.6%
- Utilities4.1%
- Materials2.9%
- Real Estate0.1%
Geography
- Taiwan25.36%
- South Korea17.71%
- India15.26%
- China11.73%
- Brazil6.19%
- Malaysia4.93%
- Saudi Arabia4.54%
- United Arab Emirates2.09%
- 12.19%
Developed 2% · Emerging 98%
QLVE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | QLVE |
|---|---|
| Year to date | +20.0% |
| 1 month | +3.3% |
| 3 months | +0.4% |
| 1 year | +23.4% |
| 3 years | +19.1% |
| 5 years | +8.6% |
| 10 years | — |
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 | QLVE |
|---|---|---|
| 2026 YTD | +20.0% | |
| 2025 | +21.8% | |
| 2024 | +10.2% | |
| 2023 | +8.5% | |
| 2022 | −13.1% | |
| 2021 | +0.9% | |
| 2020 | +4.1% |
QLVE in the news
ETF.net Research hasn’t filed on QLVE yet — coverage lands here as it’s written.
QLVE Dividends
- 2.94%
- $1.02
- $0.34 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Pays Sep 24, 2026 | $0.34 |
| Jun 18, 2026 | Jun 25, 2026 | $0.24 |
| Dec 24, 2025 | Dec 30, 2025 | $0.0056 |
| Dec 19, 2025 | Dec 26, 2025 | $0.43 |
| Sep 19, 2025 | Sep 25, 2025 | $0.21 |
| Jun 20, 2025 | Jun 26, 2025 | $0.20 |
| Mar 21, 2025 | Mar 27, 2025 | $0.09 |
| Dec 20, 2024 | Dec 27, 2024 | $0.52 |
| Sep 20, 2024 | Sep 26, 2024 | $0.09 |
| Jun 21, 2024 | Jun 27, 2024 | $0.16 |
| Dec 15, 2023 | Dec 21, 2023 | $0.09 |
| Sep 15, 2023 | Sep 21, 2023 | $0.40 |
QLVE Risk
- 10.8%
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.
- 1.17
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.
- −23.6%
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.
- 0.83
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QLVE Cost
- The middle half of Emerging Markets Multifactor funds
- Median 0.47%
No Emerging Markets Multifactor fund charges less.