FOVL vs. SMIG ETF Comparison

Comparison of iShares Focused Value Factor ETF (FOVL) to AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG)

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

$67.65

Average Daily Volume

1,886

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMIG

AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF

SMIG Description

ETF Series Solutions - AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Advisors Asset Management, Inc. and Bahl & Gaynor, Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization, within the market capitalization range of the Russell 2500 Index. The fund invests in dividend paying stocks of companies. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. ETF Series Solutions - AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.12

Average Daily Volume

85,912

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FOVL	SMIG
30 Days	2.47%	0.96%
60 Days	9.26%	5.37%
90 Days	13.12%	10.97%
12 Months	42.44%	33.24%

0 Overlapping Holdings

	Symbol	Grade	Weight in FOVL	Weight in SMIG	Overlap

FOVL Overweight 39 Positions Relative to SMIG

Symbol	Grade	Weight
FYBR	C	3.93%
TOL	A	3.89%
PNFP	D	3.48%
IBKR	A	3.37%
SF	A	3.2%
AXS	A	3.05%
JPM	D	2.98%
SNV	D	2.96%
ORI	B	2.91%
LPX	A	2.91%
BLDR	B	2.86%
JHG	C	2.86%
T	A	2.81%
COF	C	2.78%
FHB	D	2.66%
Z	C	2.66%
CNA	D	2.62%
CUZ	C	2.62%
KMI	A	2.61%
WLK	C	2.57%
WTM	D	2.54%
FNB	D	2.51%
WBS	D	2.5%
HPE	B	2.48%
STT	C	2.46%
DFS	C	2.44%
AMG	B	2.39%
PFG	C	2.32%
PNW	A	2.23%
AN	C	2.21%
LYB	D	2.17%
THO	B	2.16%
SNDR	C	2.01%
AGR	C	1.95%
NUE	D	1.88%
UNM	A	1.75%
ALK	B	1.71%
CLF	D	1.55%
LLYVK	A	0.79%

FOVL Underweight 42 Positions Relative to SMIG

Symbol	Grade	Weight
BAH	A	-5.13%
VCTR	B	-4.74%
HUBB	A	-4.29%
TRGP	B	-4.25%
BR	B	-4.12%
HIG	A	-4.07%
PKG	C	-3.96%
WSO	C	-3.85%
SNA	A	-3.54%
EVR	C	-3.42%
NI	A	-3.39%
DOX	B	-3.27%
DGX	B	-3.19%
ADC	B	-2.8%
AVY	C	-2.8%
IPAR	D	-2.61%
AFG	C	-2.47%
PRGO	F	-2.31%
TXRH	A	-2.23%
TRNO	D	-2.01%
AVT	C	-2.0%
LNT	A	-1.99%
ATO	A	-1.98%
HOMB	D	-1.96%
NTAP	D	-1.91%
LANC	F	-1.9%
RPM	A	-1.88%
PAGP	D	-1.76%
CBOE	A	-1.58%
AVNT	C	-1.58%
CAG	D	-1.48%
CMS	A	-1.31%
NXST	D	-1.19%
ELS	D	-1.17%
PAG	D	-1.09%
MTH	C	-1.05%
FFBC	D	-0.85%
CSGS	C	-0.81%
NSP	F	-0.77%
SON	D	-0.76%
TSCO	A	-0.52%
USPH	F	-0.41%