LVHD vs. QUAL ETF Comparison

Comparison of Legg Mason Low Volatility High Dividend ETF (LVHD) to iShares MSCI USA Quality Factor ETF (QUAL)

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

$40.43

Average Daily Volume

65,493

Number of Holdings ^*

115

* may have additional holdings in another (foreign) market

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$178.29

Average Daily Volume

938,906

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	LVHD	QUAL
30 Days	3.51%	0.65%
60 Days	8.74%	3.00%
90 Days	13.87%	3.58%
12 Months	20.01%	36.26%

12 Overlapping Holdings

Symbol	Grade	Weight in LVHD	Weight in QUAL	Overlap
CSCO	B	2.44%	1.0%	1.0%
ED	C	1.4%	1.0%	1.0%
EQR	C	0.85%	1.0%	0.85%
HSY	D	2.4%	1.0%	1.0%
IPG	C	0.93%	1.0%	0.93%
JNJ	C	2.45%	1.0%	1.0%
KO	B	2.62%	1.0%	1.0%
LMT	B	2.7%	1.0%	1.0%
OMC	B	1.1%	1.0%	1.0%
PAYX	C	1.9%	1.0%	1.0%
PEP	D	2.45%	1.0%	1.0%
PKG	B	0.95%	1.0%	0.95%

LVHD Overweight 103 Positions Relative to QUAL

Symbol	Grade	Weight
MCD	B	2.67%
KDP	B	2.59%
MDLZ	C	2.58%
IBM	A	2.49%
DUK	B	2.48%
SO	A	2.47%
HD	A	2.46%
MO	D	2.45%
VZ	B	2.38%
AEP	C	2.25%
USB	B	2.25%
KMB	D	2.16%
GIS	B	2.11%
CVX	D	2.07%
KHC	C	2.01%
XEL	B	1.94%
EXC	B	1.92%
OKE	B	1.83%
SYY	D	1.79%
K	A	1.76%
PNC	A	1.72%
VICI	C	1.59%
DRI	B	1.55%
WEC	B	1.45%
ETR	A	1.38%
LYB	F	1.25%
DTE	B	1.06%
FANG	D	1.06%
AEE	A	1.04%
NI	B	0.97%
FE	C	0.95%
MAA	C	0.91%
EVRG	B	0.9%
ESS	C	0.85%
KIM	C	0.82%
LNT	B	0.72%
PNW	B	0.69%
REG	C	0.67%
WPC	C	0.64%
CUBE	B	0.56%
FNF	B	0.56%
GLPI	C	0.52%
ADC	C	0.49%
BRX	B	0.48%
OGE	B	0.44%
NNN	C	0.38%
STAG	D	0.34%
POR	C	0.33%
DTM	A	0.32%
EPRT	A	0.31%
ONB	C	0.3%
NSA	B	0.29%
DOC	C	0.28%
SON	D	0.28%
MSM	D	0.26%
IDA	C	0.25%
EPR	B	0.24%
VLY	C	0.23%
APLE	C	0.22%
OGS	B	0.22%
HIW	B	0.22%
ALE	B	0.21%
BKH	B	0.21%
FNB	D	0.21%
CTRE	C	0.18%
SR	C	0.18%
NJR	B	0.17%
BNL	B	0.16%
AVA	C	0.15%
FULT	D	0.15%
UBSI	C	0.14%
FIBK	B	0.14%
BOH	D	0.13%
LXP	C	0.13%
NTST	D	0.12%
NWE	B	0.12%
ROIC	B	0.12%
CBU	D	0.11%
AUB	D	0.11%
FHB	D	0.11%
NHI	C	0.1%
FCPT	C	0.1%
UVV	D	0.09%
CNA	D	0.09%
CVBF	D	0.09%
LTC	D	0.08%
NWN	C	0.08%
VGR	B	0.08%
PFS	C	0.08%
DEA	B	0.08%
GTY	C	0.07%
UNIT	C	0.07%
LADR	C	0.06%
NBTB	D	0.06%
FFBC	D	0.06%
HOPE	C	0.06%
TOWN	B	0.06%
AAT	B	0.06%
NWBI	C	0.06%
FRME	D	0.06%
WABC	D	0.05%
PFBC	D	0.05%
FCF	C	0.05%

LVHD Underweight 111 Positions Relative to QUAL

Symbol	Grade	Weight
WBA	F	-1.0%
SOLV	C	-1.0%
SEIC	C	-1.0%
AFG	B	-1.0%
PAYC	D	-1.0%
AOS	D	-1.0%
MKTX	C	-1.0%
RS	D	-1.0%
UTHR	C	-1.0%
AVY	D	-1.0%
JKHY	C	-1.0%
GGG	C	-1.0%
ENPH	D	-1.0%
WSO	C	-1.0%
ERIE	B	-1.0%
FDS	C	-1.0%
MOH	D	-1.0%
LPLA	D	-1.0%
WST	D	-1.0%
ROL	C	-1.0%
WAT	C	-1.0%
EXPD	C	-1.0%
EME	A	-1.0%
SMCI	F	-1.0%
CBOE	C	-1.0%
PPG	D	-1.0%
KEYS	C	-1.0%
VEEV	C	-1.0%
TROW	D	-1.0%
EQT	D	-1.0%
EA	D	-1.0%
RMD	C	-1.0%
MANH	A	-1.0%
ROK	F	-1.0%
APA	F	-1.0%
MNST	D	-1.0%
NTAP	D	-1.0%
POOL	D	-1.0%
A	C	-1.0%
VLTO	B	-1.0%
AVB	C	-1.0%
EW	F	-1.0%
AMP	B	-1.0%
FERG	D	-1.0%
MPWR	C	-1.0%
ACGL	B	-1.0%
CSGP	D	-1.0%
ODFL	D	-1.0%
WSM	D	-1.0%
BBY	C	-1.0%
APD	B	-1.0%
CBRE	A	-1.0%
ULTA	D	-1.0%
TPL	A	-1.0%
IDXX	D	-1.0%
FAST	C	-1.0%
ATO	B	-1.0%
AFL	C	-1.0%
GRMN	D	-1.0%
DECK	D	-1.0%
TSCO	C	-1.0%
APH	D	-1.0%
PHM	B	-1.0%
SNPS	D	-1.0%
GWW	A	-1.0%
CME	C	-1.0%
MMM	A	-1.0%
NVR	B	-1.0%
LULU	D	-1.0%
MCO	A	-1.0%
CDNS	D	-1.0%
ZTS	C	-1.0%
SHW	B	-1.0%
CTAS	C	-1.0%
PSA	B	-1.0%
VRTX	D	-1.0%
PEG	B	-1.0%
ITW	C	-1.0%
ANET	A	-1.0%
MMC	C	-1.0%
LRCX	F	-1.0%
DHI	C	-1.0%
PLD	C	-1.0%
SLB	F	-1.0%
SRE	B	-1.0%
BLK	B	-1.0%
KLAC	D	-1.0%
QCOM	F	-1.0%
LIN	B	-1.0%
CMG	C	-1.0%
CAT	B	-1.0%
AMAT	F	-1.0%
TXN	C	-1.0%
GOOG	D	-1.0%
NKE	D	-1.0%
NFLX	B	-1.0%
COP	D	-1.0%
GOOGL	D	-1.0%
ADP	B	-1.0%
ACN	C	-1.0%
TJX	C	-1.0%
ADBE	F	-1.0%
COST	B	-1.0%
UNH	C	-1.0%
META	A	-1.0%
MA	C	-1.0%
V	C	-1.0%
LLY	C	-1.0%
MSFT	C	-1.0%
AAPL	C	-1.0%
NVDA	D	-1.0%