FOVL vs. LVHD ETF Comparison

Comparison of iShares Focused Value Factor ETF (FOVL) to Legg Mason Low Volatility High Dividend ETF (LVHD)

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$73.57

Average Daily Volume

2,250

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LVHD

Legg Mason Low Volatility High Dividend ETF

LVHD Description

The investment seeks to track the investment results of the QS Low Volatility High Dividend 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 the underlying index. The underlying index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility.

Grade (RS Rating)

Last Trade

$40.61

Average Daily Volume

44,376

Number of Holdings ^*

118

* may have additional holdings in another (foreign) market

Performance

Period	FOVL	LVHD
30 Days	5.56%	0.60%
60 Days	9.08%	1.38%
90 Days	12.44%	3.98%
12 Months	44.84%	21.09%

9 Overlapping Holdings

Symbol	Grade	Weight in FOVL	Weight in LVHD	Overlap
CNA	C	2.34%	0.12%	0.12%
ETR	B	2.69%	1.65%	1.65%
EVRG	A	2.43%	0.93%	0.93%
FHB	B	2.82%	0.14%	0.14%
FNB	A	2.81%	0.25%	0.25%
OGE	A	2.5%	0.37%	0.37%
PNC	B	2.7%	2.01%	2.01%
PNW	A	2.43%	0.71%	0.71%
USB	A	2.63%	2.58%	2.58%

FOVL Overweight 31 Positions Relative to LVHD

Symbol	Grade	Weight
FHN	A	3.03%
DFS	B	3.0%
MTB	A	2.84%
NTRS	A	2.81%
CMA	B	2.77%
JHG	B	2.77%
BAC	A	2.74%
ALK	B	2.7%
RF	A	2.66%
WTM	A	2.65%
OZK	B	2.65%
FITB	B	2.61%
HPE	B	2.52%
CMCSA	B	2.5%
VOYA	B	2.49%
AXS	A	2.49%
PFG	D	2.4%
PRGO	C	2.38%
AVT	C	2.36%
MET	A	2.36%
D	C	2.34%
MTG	C	2.31%
RNR	C	2.29%
UGI	C	2.25%
RPRX	D	2.18%
BG	D	2.14%
VZ	C	2.13%
CWEN	C	2.08%
ADM	D	2.04%
CRI	F	1.91%
CNXC	F	1.88%

FOVL Underweight 109 Positions Relative to LVHD

Symbol	Grade	Weight
MO	A	-2.78%
MCD	D	-2.71%
CVX	A	-2.69%
HD	B	-2.66%
CSCO	B	-2.57%
LMT	D	-2.54%
IBM	C	-2.47%
PM	B	-2.44%
SO	C	-2.41%
PEP	F	-2.39%
DUK	C	-2.33%
MDLZ	F	-2.32%
KO	D	-2.3%
JNJ	C	-2.29%
KDP	F	-2.26%
OKE	A	-2.18%
HSY	F	-2.14%
KMB	C	-2.1%
AEP	C	-2.07%
PAYX	B	-2.07%
GIS	D	-1.87%
XEL	A	-1.84%
EXC	C	-1.83%
SYY	D	-1.81%
K	A	-1.76%
DRI	B	-1.65%
WEC	A	-1.48%
VICI	C	-1.4%
ED	C	-1.28%
OMC	C	-1.17%
LYB	F	-1.16%
FANG	C	-1.14%
PKG	A	-1.06%
AEE	A	-1.04%
NI	A	-1.04%
DTE	C	-1.02%
HST	C	-1.01%
IPG	D	-0.9%
MAA	B	-0.87%
KIM	A	-0.84%
ESS	B	-0.83%
EQR	C	-0.8%
LNT	A	-0.67%
REG	A	-0.63%
FNF	B	-0.54%
WPC	C	-0.53%
FRT	B	-0.51%
ADC	A	-0.5%
BRX	A	-0.5%
CUBE	C	-0.49%
GLPI	C	-0.48%
DTM	A	-0.42%
ONB	C	-0.35%
WTRG	B	-0.34%
NNN	C	-0.33%
CTRE	C	-0.31%
EPRT	B	-0.31%
AFG	A	-0.31%
STAG	D	-0.31%
POR	C	-0.31%
VLY	B	-0.29%
MSM	C	-0.28%
IDA	A	-0.28%
SON	F	-0.27%
DOC	C	-0.26%
NSA	C	-0.25%
APLE	B	-0.24%
OGS	A	-0.23%
EPR	C	-0.22%
BKH	A	-0.22%
INSW	F	-0.22%
HIW	C	-0.2%
SR	A	-0.19%
ALE	A	-0.19%
FHI	B	-0.17%
FIBK	B	-0.17%
NJR	A	-0.17%
FULT	A	-0.17%
BOH	B	-0.16%
UBSI	B	-0.16%
BNL	D	-0.15%
CBU	B	-0.14%
AVA	A	-0.14%
AUB	B	-0.13%
NWE	B	-0.13%
ROIC	A	-0.13%
NHI	D	-0.13%
LXP	D	-0.12%
CVBF	A	-0.12%
NTST	C	-0.11%
FCPT	C	-0.11%
PFS	B	-0.1%
FRME	B	-0.08%
DEA	D	-0.08%
LTC	B	-0.08%
NWN	A	-0.08%
TOWN	B	-0.07%
NBTB	B	-0.07%
HOPE	C	-0.07%
UVV	B	-0.07%
FFBC	B	-0.07%
UNIT	B	-0.07%
GTY	A	-0.07%
NWBI	B	-0.07%
PINC	B	-0.06%
AAT	B	-0.06%
PFBC	B	-0.06%
LADR	B	-0.06%
FCF	B	-0.06%