QDF – Fund Analysis – Northern Trust Quality Dividend ETF | Morningstar

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Will QDF outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable QDF’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the QDF management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of QDF’s parent organization’s priorities and whether they’re in line with investors’ interests.

Growing concentration risk holds back this high-quality portfolio.

Analyst Lan Anh Tran

Lan Anh Tran

Analyst

Summary

FlexShares Quality Dividend ETF sports attractive exposure to the quality factor, but that may not be enough to justify its growing concentration and climbing valuation.

by Lan Anh Tran

Rated on Apr 28, 2026 Published on Apr 28, 2026

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