MDIV vs. LVHD ETF Comparison

Comparison of Multi-Asset Diversified Income Index Fund (MDIV) to Legg Mason Low Volatility High Dividend ETF (LVHD)

MDIV

Multi-Asset Diversified Income Index Fund

MDIV Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Multi-Asset Diversified Income Index. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based ETF that invests in high yield or "junk" bonds.

Grade (RS Rating)

Last Trade

$16.70

Average Daily Volume

86,599

Number of Holdings ^*

103

* 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	MDIV	LVHD
30 Days	1.28%	0.60%
60 Days	0.73%	1.38%
90 Days	2.82%	3.98%
12 Months	17.80%	21.09%

45 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in LVHD	Overlap
AAT	B	0.72%	0.06%	0.06%
AEP	C	0.31%	2.07%	0.31%
APLE	B	1.05%	0.24%	0.24%
AVA	A	0.43%	0.14%	0.14%
BKH	A	0.43%	0.22%	0.22%
BRX	A	0.63%	0.5%	0.5%
CTRE	C	0.6%	0.31%	0.31%
CUBE	C	0.56%	0.49%	0.49%
CVX	A	0.41%	2.69%	0.41%
DRI	B	0.36%	1.65%	0.36%
DTM	A	0.45%	0.42%	0.42%
DUK	C	0.34%	2.33%	0.34%
EPR	C	0.99%	0.22%	0.22%
ETR	B	0.44%	1.65%	0.44%
EVRG	A	0.44%	0.93%	0.44%
EXC	C	0.38%	1.83%	0.38%
FANG	C	0.47%	1.14%	0.47%
FCPT	C	0.71%	0.11%	0.11%
GIS	D	0.3%	1.87%	0.3%
GLPI	C	0.79%	0.48%	0.48%
GTY	A	0.84%	0.07%	0.07%
HST	C	0.83%	1.01%	0.83%
IBM	C	0.34%	2.47%	0.34%
IPG	D	0.34%	0.9%	0.34%
KMB	C	0.31%	2.1%	0.31%
LADR	B	1.03%	0.06%	0.06%
LTC	B	0.94%	0.08%	0.08%
LYB	F	0.41%	1.16%	0.41%
MAA	B	0.57%	0.87%	0.57%
MSM	C	0.36%	0.28%	0.28%
NHI	D	0.65%	0.13%	0.13%
NJR	A	0.34%	0.17%	0.17%
NNN	C	0.64%	0.33%	0.33%
NWE	B	0.45%	0.13%	0.13%
OGS	A	0.38%	0.23%	0.23%
OKE	A	0.51%	2.18%	0.51%
PINC	B	0.42%	0.06%	0.06%
PNC	B	0.36%	2.01%	0.36%
POR	C	0.36%	0.31%	0.31%
REG	A	0.57%	0.63%	0.57%
SON	F	0.32%	0.27%	0.27%
SR	A	0.42%	0.19%	0.19%
VICI	C	0.71%	1.4%	0.71%
WEC	A	0.37%	1.48%	0.37%
XEL	A	0.39%	1.84%	0.39%

MDIV Overweight 58 Positions Relative to LVHD

Symbol	Grade	Weight
HYLS	B	20.0%
IEP	F	1.51%
PMT	C	1.47%
ARLP	A	1.41%
DMLP	A	1.3%
BSM	B	1.28%
KRP	B	1.27%
DKL	C	1.2%
CAPL	C	1.17%
USAC	B	1.16%
AGNCN	A	1.09%
GLP	A	0.96%
MPLX	A	0.95%
CQP	B	0.92%
ET	A	0.91%
NRP	B	0.89%
WES	C	0.86%
EPD	A	0.82%
FITBI	B	0.79%
CHSCO	B	0.78%
SPG	A	0.77%
CHSCL	B	0.76%
SUN	B	0.74%
CHSCN	D	0.72%
RZC	C	0.72%
PAA	B	0.71%
IIPR	D	0.71%
CHSCM	D	0.69%
PAGP	A	0.67%
WU	F	0.64%
ALEX	B	0.62%
LAMR	C	0.61%
VZ	C	0.6%
T	A	0.6%
CDP	C	0.58%
PSA	C	0.56%
BMY	B	0.55%
CHRD	D	0.54%
ENLC	A	0.51%
TROW	B	0.46%
GILD	C	0.44%
GEL	D	0.44%
HMN	B	0.42%
PRU	A	0.4%
PNM	B	0.39%
VTRS	A	0.39%
CAG	F	0.38%
KHC	F	0.38%
ES	C	0.37%
FLO	D	0.37%
DVN	F	0.36%
FE	C	0.35%
EIX	B	0.34%
SJM	D	0.33%
FAF	A	0.33%
NFG	A	0.32%
MDT	D	0.31%
NMM	D	0.05%

MDIV Underweight 73 Positions Relative to LVHD

Symbol	Grade	Weight
MO	A	-2.78%
MCD	D	-2.71%
HD	B	-2.66%
USB	A	-2.58%
CSCO	B	-2.57%
LMT	D	-2.54%
PM	B	-2.44%
SO	C	-2.41%
PEP	F	-2.39%
MDLZ	F	-2.32%
KO	D	-2.3%
JNJ	C	-2.29%
KDP	F	-2.26%
HSY	F	-2.14%
PAYX	B	-2.07%
SYY	D	-1.81%
K	A	-1.76%
ED	C	-1.28%
OMC	C	-1.17%
PKG	A	-1.06%
AEE	A	-1.04%
NI	A	-1.04%
DTE	C	-1.02%
KIM	A	-0.84%
ESS	B	-0.83%
EQR	C	-0.8%
PNW	A	-0.71%
LNT	A	-0.67%
FNF	B	-0.54%
WPC	C	-0.53%
FRT	B	-0.51%
ADC	A	-0.5%
OGE	A	-0.37%
ONB	C	-0.35%
WTRG	B	-0.34%
EPRT	B	-0.31%
AFG	A	-0.31%
STAG	D	-0.31%
VLY	B	-0.29%
IDA	A	-0.28%
DOC	C	-0.26%
FNB	A	-0.25%
NSA	C	-0.25%
INSW	F	-0.22%
HIW	C	-0.2%
ALE	A	-0.19%
FHI	B	-0.17%
FIBK	B	-0.17%
FULT	A	-0.17%
BOH	B	-0.16%
UBSI	B	-0.16%
BNL	D	-0.15%
CBU	B	-0.14%
FHB	B	-0.14%
AUB	B	-0.13%
ROIC	A	-0.13%
CNA	C	-0.12%
LXP	D	-0.12%
CVBF	A	-0.12%
NTST	C	-0.11%
PFS	B	-0.1%
FRME	B	-0.08%
DEA	D	-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%
NWBI	B	-0.07%
PFBC	B	-0.06%
FCF	B	-0.06%