FlexShares has launched a trio of dividend-focused equity index exchange-traded funds.

The funds – the Quality Dividend Index Fund, Quality Dividend Defensive Index Fund and the Quality Dividend Dynamic Index Fund – seek to replicate Northern Trust's 1250 index, but target different levels of market volatility or beta.

“Our research shows that a high-quality, yield-focused equity position can potentially act as a return stabilizer for a broader portfolio, mitigate risk in volatile markets and provide higher dividend growth,” said Shundrawn Thomas, head of Northern Trust's Exchange Traded Funds Group, in a statement.

“The new equity funds are designed to outperform in a variety of market environments, including upward- and downward-trending markets.”

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