QVAL vs. CSB ETF Comparison

Comparison of ValueShares U.S. Quantitative Value ETF (QVAL) to Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index ETF (CSB)

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.26

Average Daily Volume

23,037

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CSB

Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index ETF

CSB Description

CSB's take on the US small-cap space mirrors that of its large-cap sibling, CDL. To qualify for this fund, a company must be among the 500 largest US companies under 3 billion USD in market cap and must have positive earnings for the four most recent quarters. The index selects the 100 highest dividend-yielding stocks from this group and weights them by inverse volatility, giving overweight to low-vol stocks. The index applies 20% country cap and 25% sector cap with semi-annual reconstitution starting each March. The funds closest peers are sibling funds: CSA, which has the same exposure but without the dividend yield screen, and CSF with a cash toggle feature during downturns.

Grade (RS Rating)

Last Trade

$52.58

Average Daily Volume

17,942

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QVAL	CSB
30 Days	-3.59%	-2.78%
60 Days	-2.22%	-4.09%
90 Days	-4.46%	-2.96%
12 Months	27.90%	8.10%

2 Overlapping Holdings

	Symbol	Grade	Weight in QVAL	Weight in CSB	Overlap
	CRI	F	1.97%	0.89%	0.89%
	CVI	F	2.0%	0.72%	0.72%

QVAL Overweight 48 Positions Relative to CSB

Symbol	Grade	Weight
THC	C	2.05%
WFRD	B	2.05%
CMCSA	F	2.04%
SIG	D	2.04%
APA	F	2.03%
DAL	D	2.02%
TEX	D	2.02%
FANG	B	2.02%
MAT	F	2.01%
TMHC	D	2.01%
PBF	F	2.01%
T	B	2.01%
LBRT	D	2.01%
ARCH	C	2.01%
AGCO	F	2.01%
ALSN	D	2.01%
VLO	D	2.01%
ELV	C	2.01%
OMC	D	2.01%
LEA	F	2.01%
HPQ	C	2.0%
KHC	D	2.0%
FOXA	B	2.0%
IPG	F	2.0%
CNC	D	2.0%
PHM	D	2.0%
TAP	F	2.0%
BG	B	2.0%
ON	C	2.0%
MOH	F	2.0%
OC	D	1.99%
DINO	D	1.99%
INSW	C	1.99%
PCAR	D	1.99%
UFPI	D	1.99%
TOL	D	1.99%
ULTA	D	1.99%
UTHR	B	1.99%
HAL	F	1.98%
CTSH	C	1.98%
MO	A	1.97%
CROX	C	1.97%
SNA	F	1.97%
GPK	D	1.96%
PVH	F	1.94%
CEIX	B	1.93%
JBL	F	1.93%
SM	D	1.8%

QVAL Underweight 97 Positions Relative to CSB

Symbol	Grade	Weight
MDU	C	-1.78%
MGEE	D	-1.77%
NFG	D	-1.54%
ALE	C	-1.48%
NJR	D	-1.48%
AWR	D	-1.47%
NWE	D	-1.46%
SR	C	-1.45%
AVT	D	-1.43%
POR	D	-1.41%
VIRT	C	-1.36%
KNTK	B	-1.35%
WEN	F	-1.35%
HRB	B	-1.34%
OGS	C	-1.33%
SWX	D	-1.31%
R	B	-1.3%
CWT	C	-1.29%
SJW	D	-1.27%
AVA	D	-1.26%
MSM	F	-1.26%
BKH	D	-1.26%
GEF	F	-1.24%
MAN	D	-1.22%
NHC	A	-1.22%
CPK	C	-1.21%
TGNA	D	-1.21%
LEVI	D	-1.2%
SXT	C	-1.17%
JXN	C	-1.16%
ETRN	D	-1.16%
CAKE	C	-1.12%
NWN	F	-1.11%
WU	D	-1.1%
HNI	C	-1.09%
FULT	D	-1.09%
NBTB	B	-1.08%
CALM	B	-1.07%
NWBI	C	-1.07%
AVNT	D	-1.07%
NOG	C	-1.07%
AROC	B	-1.05%
PINC	F	-1.04%
BANR	C	-1.03%
TRN	D	-1.02%
ENR	C	-1.0%
NAVI	F	-0.99%
KMT	F	-0.98%
FRME	D	-0.97%
CWEN	D	-0.97%
APAM	D	-0.96%
FFBC	D	-0.96%
OXM	D	-0.96%
FHB	C	-0.95%
CBU	B	-0.91%
ASB	D	-0.91%
UBSI	D	-0.89%
KTB	D	-0.88%
AUB	C	-0.86%
TNL	D	-0.86%
WAFD	C	-0.86%
VGR	C	-0.85%
WSBC	D	-0.85%
BKE	D	-0.84%
DK	F	-0.83%
DAN	F	-0.82%
SNV	B	-0.81%
AESI	C	-0.81%
SFNC	D	-0.8%
FIBK	B	-0.79%
INDB	D	-0.78%
HP	D	-0.75%
YOU	B	-0.74%
CRGY	B	-0.74%
PPBI	F	-0.74%
BKU	C	-0.73%
CVBF	C	-0.72%
GPS	C	-0.71%
PDCO	F	-0.71%
BOH	F	-0.7%
SCS	C	-0.7%
JACK	F	-0.69%
JWN	B	-0.69%
COLB	D	-0.68%
AAP	F	-0.67%
M	C	-0.67%
BLMN	F	-0.65%
PZZA	F	-0.65%
CCOI	D	-0.64%
VAC	F	-0.64%
LCII	F	-0.64%
CABO	F	-0.63%
PTEN	F	-0.6%
MLKN	D	-0.53%
CBRL	F	-0.5%
SSTK	F	-0.48%
CWH	F	-0.44%