Northern Trust Developed Markets ex-US Quality Low Volatility ETF (QLVD) is a quality and low-volatility ETF. As of October 9, 2026, ETF Copilot scores QLVD 4.6 out of 10 — highest on Risk (9.2), lowest on Growth (1.0). It trades at 15.9 times earnings, against its own median of 16.1. Its ten largest holdings are 23% of the fund.
What stands out in QLVD's data
A focused strategy for developed markets outside the U.S., screened for quality and low volatility.
Priced cheaper than most peers in its group — you pay less for the same earnings stream.
Trailing EBITDA multiple of 9.9x is among the cheapest in its category, well under the 15.1x peer median. Analysts see 10% growth ahead, a below-average forecast.
A portfolio sleeve that trades upside for smoother returns in international equities.
How is QLVD rated? ETF Copilot scores Northern Trust Developed Markets ex-US Quality Low Volatility ETF (QLVD) 4.6 out of 10
As of October 9, 2026, ETF Copilot scores Northern Trust Developed Markets ex-US Quality Low Volatility ETF (QLVD) 4.6 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.6 / 10
- Growth: 1.0 / 10
- Value: 6.2 / 10
- Risk: 9.2 / 10
- Quality: 6.5 / 10
- Return: 2.8 / 10
Is QLVD expensive right now? It trades at 15.9 times earnings, against its own median of 16.1
As of October 9, 2026, QLVD is cheaper than 58% of its own 88 monthly readings since 2019 — 37 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside QLVD?
What's inside QLVD: Size (Large 64%, Mid 35%, Small 1%); Geography (International 98%, US 2%); Tech 7.0%; Semiconductors 3.1%; Memory 0.2%.
What are QLVD's top holdings? The ten largest are 23% of the fund
Novartis, Royal Bank of Canada, ASML, Unilever, DBS, Canadian Imperial Bank of Commerce, Iberdrola, Shell, Nestle and Sanofi are QLVD's largest holdings, in that order.
Less concentrated than 55% of Quality & Low Volatility ETFs.
Half of QLVD's weight sits in its 38 largest positions, and once those weights are taken into account it behaves like 89 equally weighted holdings.
What is QLVD's expense ratio? 0.15% a year
As of October 9, 2026, QLVD charges 0.15% a year, yields 3.12% and holds $51M in assets across 179 positions.
| Measure | QLVD |
|---|---|
| Expense ratio | 0.15% |
| Dividend yield | 3.12% |
| Assets under management | $51M |
| Holdings | 179 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Northern Trust Developed Markets ex-US Quality Low Volatility ETF (QLVD) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/qlvd
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