8 Overlooked Smart Beta ETFs

FlexShares International Quality Dividend Defensive Index Fund (NYSEArca: IQDE)

AUM: $15.9 million

YTD: Up 8.5% since April debut

Comment: IQDE is the international equivalent of QDF, though the former is newer than the latter having debuted in April 2013. Companies in IQDE’s underlying “index are selected based on expected dividend payment and fundamental factors such as profitability, solid management and reliable cash flow,” according to FlexShares. The U.K., Japan and Canada combine for 36% of IQDE’s weight.