CCEF vs. SQLV ETF Comparison

Comparison of Calamos CEF Income & Arbitrage ETF (CCEF) to Legg Mason Small-Cap Quality Value ETF (SQLV)

CCEF

Calamos CEF Income & Arbitrage ETF

CCEF Description

The fund is an actively managed exchange-traded fund (ETF) that seeks high current income and long-term capital appreciation by investing in unaffiliated closed-end funds that the fund's investment adviser, Calamos Advisors LLC, believes offer both attractive income opportunities as well as arbitrage opportunities resulting from such closed-end funds trading at attractive discounts. Under normal circumstances, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets in U.S. and non-U.S. closed-end funds. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.55

Average Daily Volume

3,146

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SQLV

Legg Mason Small-Cap Quality Value ETF

SQLV Description

The investment seeks to track the investment results of the RARE Global Infrastructure Index (the "underlying index"). The fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in securities that compose its underlying index. The underlying index is composed of equity securities in developed and developing markets that are included in the MSCI ACWI All Cap Index. Companies in the MSCI ACWI All Cap Index are screened to include only companies within the Global Industry Classification Standard (GICS) sub-industries and are classified into infrastructure sectors.

Grade (RS Rating)

Last Trade

$44.38

Average Daily Volume

781

Number of Holdings ^*

257

* may have additional holdings in another (foreign) market

Performance

Period	CCEF	SQLV
30 Days	0.39%	6.63%
60 Days	1.30%	6.05%
90 Days	4.47%	6.38%
12 Months		20.99%

0 Overlapping Holdings

	Symbol	Grade	Weight in CCEF	Weight in SQLV	Overlap

CCEF Overweight 39 Positions Relative to SQLV

Symbol	Grade	Weight
PDT	C	4.18%
THQ	D	3.72%
KYN	A	3.44%
HTD	A	3.15%
RQI	C	3.02%
RIV	A	3.02%
EMO	A	3.0%
ERC	C	2.99%
EXG	B	2.96%
AOD	D	2.96%
NBB	D	2.95%
ASGI	C	2.79%
ETW	B	2.74%
ASG	B	2.73%
IIF	D	2.7%
BDJ	B	2.63%
RA	C	2.58%
BBN	D	2.57%
IFN	F	2.44%
NML	A	2.17%
FFC	D	2.08%
CII	B	2.01%
HIX	A	2.01%
DIAX	A	1.96%
EVT	A	1.92%
JQC	A	1.89%
HFRO	F	1.76%
EMF	D	1.62%
NTG	A	1.56%
JPC	A	1.55%
BST	B	1.51%
BME	D	1.44%
BTO	A	1.06%
JGH	B	1.01%
EFT	A	1.0%
ACP	C	0.98%
RMT	B	0.94%
CAF	D	0.52%
TDF	D	0.51%

CCEF Underweight 257 Positions Relative to SQLV

Symbol	Grade	Weight
BFH	C	-1.13%
CALM	A	-0.9%
CEIX	A	-0.83%
VCTR	B	-0.82%
CORT	B	-0.82%
PAYO	A	-0.81%
IDCC	B	-0.78%
CAR	C	-0.78%
DXC	B	-0.77%
EBC	B	-0.77%
CATY	B	-0.76%
POWL	C	-0.75%
AX	B	-0.75%
TGNA	B	-0.75%
SLVM	B	-0.75%
IBOC	B	-0.74%
FDP	B	-0.74%
BKE	B	-0.74%
AGX	B	-0.72%
LRN	A	-0.71%
STRL	A	-0.71%
BTU	B	-0.7%
SANM	B	-0.69%
SKYW	C	-0.67%
CCSI	C	-0.67%
APAM	B	-0.66%
HAFC	B	-0.66%
MD	C	-0.66%
ALE	A	-0.65%
PRG	C	-0.65%
PBF	D	-0.65%
KFY	B	-0.63%
FHI	B	-0.63%
WHD	B	-0.62%
AMR	C	-0.61%
WTTR	A	-0.6%
LE	D	-0.59%
NMIH	C	-0.59%
TDOC	C	-0.56%
OMCL	C	-0.56%
PRDO	B	-0.55%
PAHC	C	-0.55%
LGND	C	-0.55%
WTFC	A	-0.55%
ANDE	D	-0.55%
HUBG	A	-0.55%
NECB	C	-0.54%
CRCT	F	-0.54%
WS	C	-0.53%
INVA	D	-0.53%
ASO	F	-0.53%
SCS	C	-0.52%
NTGR	B	-0.52%
NVST	B	-0.52%
NBN	C	-0.52%
MCB	B	-0.52%
PFBC	B	-0.52%
PRGS	A	-0.52%
EEFT	B	-0.51%
CNXN	C	-0.49%
PBH	A	-0.49%
TEX	F	-0.49%
ITGR	B	-0.49%
BXC	B	-0.48%
MBWM	B	-0.48%
GIII	D	-0.48%
TPC	C	-0.48%
MCRI	A	-0.47%
FISI	B	-0.47%
CIVB	B	-0.47%
ADUS	D	-0.46%
LMAT	A	-0.46%
PLUS	F	-0.46%
OSBC	A	-0.46%
IRDM	D	-0.46%
UNTY	B	-0.46%
HAE	C	-0.46%
DK	C	-0.46%
THFF	B	-0.45%
IOSP	C	-0.45%
BELFB	C	-0.44%
MSBI	B	-0.44%
CTS	C	-0.44%
INSW	F	-0.44%
AMCX	C	-0.43%
RMR	F	-0.43%
CVI	F	-0.43%
SUPN	C	-0.43%
EWCZ	F	-0.42%
NTCT	C	-0.42%
BHE	C	-0.42%
DAKT	C	-0.42%
RLGT	B	-0.41%
IPGP	D	-0.41%
ASTH	F	-0.41%
CPRX	C	-0.4%
DHIL	B	-0.4%
HRMY	D	-0.4%
ZD	B	-0.4%
YELP	C	-0.4%
EBF	F	-0.39%
DVAX	C	-0.39%
PKBK	A	-0.39%
EVBN	B	-0.39%
AVNS	F	-0.38%
ATKR	D	-0.38%
VCYT	B	-0.38%
VSH	F	-0.38%
WU	F	-0.37%
TH	C	-0.37%
AMPH	F	-0.37%
WKC	C	-0.37%
METC	C	-0.37%
WOR	F	-0.37%
RNGR	A	-0.37%
HCKT	B	-0.37%
ROCK	C	-0.37%
LQDT	B	-0.37%
ARRY	F	-0.36%
NPK	B	-0.36%
OLPX	D	-0.36%
SGC	C	-0.35%
REX	D	-0.35%
HSTM	B	-0.34%
TDC	D	-0.34%
ATEN	A	-0.34%
BSIG	A	-0.34%
NX	C	-0.33%
RES	D	-0.33%
PLAB	C	-0.33%
ACIC	B	-0.33%
KFRC	D	-0.33%
CRI	F	-0.33%
DFIN	D	-0.33%
PLPC	B	-0.33%
JBSS	F	-0.33%
CVEO	F	-0.32%
EMBC	C	-0.32%
FOR	F	-0.32%
IART	C	-0.31%
SMLR	B	-0.31%
GNE	F	-0.31%
COHU	C	-0.31%
LGTY	C	-0.3%
MPX	C	-0.3%
MRVI	F	-0.3%
MCFT	C	-0.3%
RYI	C	-0.3%
IRMD	C	-0.3%
IMXI	B	-0.3%
FLWS	D	-0.3%
SPOK	B	-0.29%
ACCO	C	-0.29%
KRT	B	-0.29%
USNA	C	-0.29%
CHGG	C	-0.29%
OMI	F	-0.29%
CASS	C	-0.29%
WNC	C	-0.29%
JELD	F	-0.28%
SIGA	F	-0.28%
COLL	F	-0.28%
HBB	F	-0.28%
WRLD	C	-0.27%
PUMP	C	-0.27%
CRVL	B	-0.27%
PLXS	B	-0.27%
VREX	B	-0.27%
EE	A	-0.27%
CLW	F	-0.26%
NVEC	B	-0.26%
NATR	C	-0.26%
WINA	C	-0.26%
ZIP	D	-0.26%
ODP	F	-0.26%
PFC	B	-0.25%
BTMD	B	-0.25%
GIC	D	-0.25%
PKE	B	-0.25%
CTKB	C	-0.25%
ANIP	F	-0.25%
UTMD	F	-0.24%
MNSB	C	-0.24%
HOFT	B	-0.24%
RGP	F	-0.24%
TZOO	A	-0.24%
MED	D	-0.24%
ZEUS	C	-0.24%
PARR	F	-0.24%
ARCH	B	-0.23%
TCMD	B	-0.23%
CCRN	F	-0.23%
ICUI	D	-0.23%
EVC	C	-0.22%
JILL	C	-0.22%
MTUS	C	-0.22%
CNS	B	-0.22%
PBYI	C	-0.21%
IIIN	C	-0.21%
PETS	C	-0.21%
MPAA	B	-0.21%
LCUT	F	-0.21%
SSTK	F	-0.2%
CMT	C	-0.2%
MDXG	B	-0.2%
DBRG	F	-0.2%
VRA	C	-0.2%
OFLX	D	-0.2%
PCRX	C	-0.2%
ASRT	D	-0.2%
STAA	F	-0.2%
RCMT	C	-0.19%
LFVN	C	-0.19%
MYPS	C	-0.19%
HBCP	C	-0.19%
UVE	B	-0.19%
MITK	C	-0.19%
IRWD	F	-0.18%
HTZ	C	-0.18%
VIRC	B	-0.18%
INTT	C	-0.18%
ZYXI	D	-0.18%
TGTX	B	-0.18%
VPG	F	-0.17%
JAKK	C	-0.17%
RCKY	F	-0.17%
STBA	B	-0.17%
HSII	B	-0.17%
OSUR	F	-0.16%
ACDC	B	-0.16%
HCI	C	-0.16%
BBW	C	-0.16%
MGNI	B	-0.16%
LXU	B	-0.16%
ANGO	C	-0.15%
ANIK	D	-0.15%
SCSC	C	-0.15%
EXTR	C	-0.15%
DXLG	D	-0.15%
NRC	F	-0.15%
CCRD	B	-0.15%
TWI	F	-0.14%
CSPI	C	-0.14%
BOX	B	-0.14%
HWKN	B	-0.14%
BLBD	D	-0.13%
IMMR	C	-0.13%
SD	D	-0.13%
POWW	F	-0.13%
CNMD	C	-0.13%
THRY	D	-0.12%
CVGI	F	-0.12%
PAYS	F	-0.12%
YOU	D	-0.12%
LTRX	F	-0.11%
SURG	D	-0.1%
IPW	F	-0.06%

CCEF: Top Represented Industries & Keywords

Industries: Asset Management