QDF Stock Summary and Trading Ideas (Flexshares Quality Dividend | ARCA:QDF)

QDF seeks to provide exposure to the long-term growth potential of U.S. securities while providing dividend payments. It is intended as a core stock market option that also helps investors try to meet their income needs. The strategy applies a proprietary scoring model approach that determines a "quality factor" and an optimization process that seeks to maximize this factor, match the beta of the Parent Index (Northern Trust 1250) and improve on the Parent Indexs dividend yield.

Flexshares Quality Dividend trades on the ARCA stock market under the symbol QDF.

As of April 19, 2024, QDF stock price declined to $62.12 with 18,257 million shares trading.

QDF has a beta of 1.00, meaning it tends to be less sensitive to market movements. QDF has a correlation of 0.92 to the broad based SPY ETF.

QDF has a market cap of $1.65 billion. This is considered a Small Cap stock.

In the last 3 years, QDF stock traded as high as $66.15 and as low as $46.83.

QDF has underperformed the market in the last year with a return of +15.4%, while the SPY ETF gained +21.2%. In the last 3 month period, QDF fell short of the market, returning +1.4%, while SPY returned +4.3%. However, in the most recent 2 weeks QDF has outperformed the stock market by returning -3.4%, while SPY returned -3.5%.

QDF support price is $61.81 and resistance is $62.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QDF stock will trade within this expected range on the day.