LVHD vs. PAPI ETF Comparison

Comparison of Legg Mason Low Volatility High Dividend ETF (LVHD) to Parametric Equity Premium Income ETF (PAPI)

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

$39.98

Average Daily Volume

43,591

Number of Holdings ^*

118

* may have additional holdings in another (foreign) market

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$27.43

Average Daily Volume

34,067

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	LVHD	PAPI
30 Days	-2.21%	-0.81%
60 Days	-0.20%	1.91%
90 Days	3.30%	3.47%
12 Months	19.69%	16.89%

37 Overlapping Holdings

Symbol	Grade	Weight in LVHD	Weight in PAPI	Overlap
AEE	A	1.01%	0.55%	0.55%
AEP	C	2.12%	0.48%	0.48%
AFG	A	0.3%	0.56%	0.3%
CSCO	B	2.6%	0.55%	0.55%
CVX	A	2.62%	0.55%	0.55%
DRI	C	1.66%	0.54%	0.54%
DTM	A	0.41%	0.61%	0.41%
DUK	C	2.36%	0.49%	0.49%
ED	C	1.31%	0.48%	0.48%
EVRG	A	0.91%	0.55%	0.55%
FNF	A	0.53%	0.51%	0.51%
IBM	C	2.53%	0.47%	0.47%
IDA	A	0.27%	0.6%	0.27%
INSW	F	0.23%	0.45%	0.23%
IPG	F	0.93%	0.48%	0.48%
JNJ	D	2.38%	0.49%	0.49%
KDP	D	2.25%	0.48%	0.48%
KMB	C	2.13%	0.48%	0.48%
KO	D	2.36%	0.46%	0.46%
LNT	A	0.64%	0.51%	0.51%
LYB	F	1.24%	0.48%	0.48%
MO	A	2.71%	0.57%	0.57%
MSM	D	0.29%	0.57%	0.29%
OGE	A	0.37%	0.56%	0.37%
OGS	A	0.22%	0.53%	0.22%
OKE	A	2.14%	0.59%	0.59%
OMC	C	1.17%	0.52%	0.52%
PAYX	B	2.09%	0.55%	0.55%
PEP	F	2.39%	0.5%	0.5%
PINC	B	0.06%	0.61%	0.06%
PKG	B	1.08%	0.57%	0.57%
PM	A	2.37%	0.54%	0.54%
POR	C	0.32%	0.51%	0.32%
SO	C	2.43%	0.5%	0.5%
SON	F	0.27%	0.49%	0.27%
WEC	A	1.46%	0.52%	0.52%
XEL	A	1.78%	0.56%	0.56%

LVHD Overweight 81 Positions Relative to PAPI

Symbol	Grade	Weight
MCD	D	2.69%
HD	A	2.64%
LMT	D	2.62%
USB	B	2.56%
MDLZ	F	2.34%
HSY	F	2.08%
PNC	B	1.97%
GIS	F	1.89%
SYY	D	1.86%
EXC	C	1.82%
K	B	1.76%
ETR	A	1.64%
VICI	C	1.39%
FANG	D	1.14%
HST	D	1.05%
NI	A	1.02%
DTE	C	1.01%
MAA	A	0.86%
KIM	A	0.85%
ESS	A	0.82%
EQR	C	0.79%
PNW	B	0.7%
REG	A	0.63%
WPC	C	0.54%
FRT	B	0.51%
CUBE	C	0.5%
BRX	A	0.5%
ADC	A	0.49%
GLPI	C	0.49%
ONB	B	0.35%
WTRG	B	0.34%
NNN	C	0.33%
CTRE	C	0.32%
STAG	D	0.32%
EPRT	A	0.31%
VLY	B	0.29%
DOC	D	0.28%
NSA	C	0.26%
FNB	B	0.25%
APLE	B	0.24%
EPR	D	0.22%
BKH	A	0.21%
HIW	D	0.21%
ALE	A	0.19%
SR	A	0.18%
FIBK	B	0.17%
NJR	A	0.17%
FULT	B	0.17%
BOH	B	0.16%
UBSI	B	0.16%
FHI	B	0.16%
BNL	D	0.15%
FHB	B	0.14%
NHI	D	0.14%
AVA	C	0.14%
LXP	D	0.13%
AUB	B	0.13%
NWE	C	0.13%
CBU	B	0.13%
ROIC	A	0.13%
CVBF	B	0.12%
CNA	C	0.12%
NTST	D	0.11%
FCPT	C	0.11%
PFS	B	0.1%
FRME	B	0.08%
UNIT	B	0.08%
NWN	A	0.08%
DEA	D	0.08%
LTC	B	0.08%
TOWN	B	0.07%
NBTB	B	0.07%
UVV	B	0.07%
FFBC	B	0.07%
HOPE	B	0.07%
NWBI	B	0.07%
GTY	A	0.07%
PFBC	B	0.06%
AAT	A	0.06%
FCF	B	0.06%
LADR	B	0.06%

LVHD Underweight 152 Positions Relative to PAPI

Symbol	Grade	Weight
GRMN	B	-0.66%
SNA	B	-0.64%
BKR	B	-0.63%
IP	A	-0.63%
IDCC	B	-0.63%
EMR	A	-0.61%
FOXA	B	-0.59%
JCI	B	-0.59%
RHI	C	-0.59%
PB	A	-0.59%
UNM	A	-0.59%
CFR	B	-0.59%
EA	A	-0.59%
LH	B	-0.59%
FOX	A	-0.59%
CINF	A	-0.58%
RS	B	-0.58%
CAH	B	-0.58%
JHG	B	-0.58%
TAP	B	-0.58%
WMB	A	-0.58%
INGR	B	-0.58%
TXRH	B	-0.57%
UNH	C	-0.57%
SRE	A	-0.57%
WSO	A	-0.57%
DGX	A	-0.57%
KMI	A	-0.57%
TROW	B	-0.56%
ADP	B	-0.56%
MTN	C	-0.56%
TXN	C	-0.56%
CTRA	B	-0.56%
TRV	A	-0.56%
CMI	A	-0.56%
GILD	C	-0.56%
SYK	A	-0.56%
RF	A	-0.56%
FAST	B	-0.56%
ATR	B	-0.55%
HPE	B	-0.55%
HP	C	-0.55%
CMCSA	B	-0.55%
EOG	A	-0.55%
COST	A	-0.55%
GLW	B	-0.55%
COR	B	-0.55%
DCI	B	-0.55%
COP	B	-0.55%
CTSH	C	-0.55%
LHX	B	-0.55%
WHR	B	-0.55%
ATO	A	-0.54%
GNTX	F	-0.54%
PPL	A	-0.54%
PAG	B	-0.54%
T	A	-0.54%
TJX	A	-0.54%
GGG	B	-0.54%
GD	D	-0.54%
BMI	C	-0.54%
WMT	A	-0.54%
OXM	F	-0.53%
HPQ	B	-0.53%
CHRD	F	-0.53%
POWI	D	-0.53%
COLM	B	-0.53%
AM	A	-0.53%
ROP	C	-0.53%
VLO	C	-0.53%
CHD	A	-0.53%
MSFT	D	-0.53%
DOX	D	-0.53%
ORI	A	-0.53%
MDT	D	-0.52%
NFG	A	-0.52%
CALM	A	-0.52%
ABT	A	-0.52%
PRU	B	-0.52%
MOS	D	-0.52%
NYT	D	-0.52%
DLB	F	-0.52%
CME	A	-0.52%
XOM	B	-0.52%
PEG	C	-0.51%
PG	C	-0.51%
BDX	F	-0.51%
DINO	D	-0.51%
DD	D	-0.51%
PSX	C	-0.51%
ADI	D	-0.51%
ACN	C	-0.51%
HIG	B	-0.51%
CTVA	C	-0.51%
HRL	D	-0.51%
LKQ	F	-0.51%
AVT	C	-0.51%
EXPD	D	-0.51%
SNX	D	-0.51%
RTX	D	-0.51%
D	C	-0.5%
DVN	F	-0.5%
CCOI	B	-0.5%
FE	C	-0.5%
CI	D	-0.5%
AFL	C	-0.5%
APD	A	-0.5%
QCOM	F	-0.5%
JKHY	D	-0.5%
MTG	D	-0.5%
PFG	C	-0.5%
UPS	C	-0.5%
RGLD	C	-0.5%
EMN	D	-0.49%
LEA	F	-0.49%
FLO	D	-0.49%
CHE	F	-0.49%
CAG	F	-0.49%
LIN	D	-0.49%
AOS	F	-0.48%
PPG	F	-0.48%
BG	D	-0.48%
WEN	C	-0.48%
VZ	C	-0.48%
SHOO	D	-0.48%
RPRX	F	-0.48%
ESNT	D	-0.47%
AMCR	D	-0.47%
HAS	D	-0.47%
SWKS	F	-0.47%
FMC	D	-0.47%
MRK	F	-0.47%
KHC	F	-0.47%
DHR	D	-0.47%
WU	F	-0.47%
BBY	D	-0.47%
ABBV	F	-0.47%
ADM	D	-0.46%
ASH	F	-0.46%
LEN	D	-0.46%
PFE	F	-0.46%
DOW	F	-0.45%
MAN	F	-0.45%
GPC	F	-0.45%
HUN	F	-0.44%
ELV	F	-0.44%
PII	F	-0.42%
CVI	D	-0.41%
HII	F	-0.41%
CRI	F	-0.4%
NEM	D	-0.39%
SCCO	F	-0.0%