SQLV vs. FDM ETF Comparison

Comparison of Legg Mason Small-Cap Quality Value ETF (SQLV) to First Trust DJ Select MicroCap ETF (FDM)

SQLV

Legg Mason Small-Cap Quality Value ETF

SQLV Description

The investment seeks to track the investment results of the RARE Global Infrastructure 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 its underlying index. The underlying index is composed of equity securities in developed and developing markets that are included in the MSCI ACWI All Cap Index. Companies in the MSCI ACWI All Cap Index are screened to include only companies within the Global Industry Classification Standard (GICS) sub-industries and are classified into infrastructure sectors.

Grade (RS Rating)

Last Trade

$44.38

Average Daily Volume

781

Number of Holdings ^*

257

* may have additional holdings in another (foreign) market

FDM

First Trust DJ Select MicroCap ETF

FDM Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.

Grade (RS Rating)

Last Trade

$70.66

Average Daily Volume

14,185

Number of Holdings ^*

131

* may have additional holdings in another (foreign) market

Performance

Period	SQLV	FDM
30 Days	6.63%	9.24%
60 Days	6.05%	10.59%
90 Days	6.38%	10.60%
12 Months	20.99%	28.88%

36 Overlapping Holdings

Symbol	Grade	Weight in SQLV	Weight in FDM	Overlap
ACIC	B	0.33%	0.55%	0.33%
BTMD	B	0.25%	0.26%	0.25%
CCRN	F	0.23%	0.55%	0.23%
CCSI	C	0.67%	0.77%	0.67%
CRCT	F	0.54%	0.44%	0.44%
CSPI	C	0.14%	0.14%	0.14%
DAKT	C	0.42%	1.01%	0.42%
DHIL	B	0.4%	0.82%	0.4%
EE	A	0.27%	0.82%	0.27%
FISI	B	0.47%	0.73%	0.47%
HBB	F	0.28%	0.21%	0.21%
HCKT	B	0.37%	1.35%	0.37%
IMXI	B	0.3%	1.13%	0.3%
INTT	C	0.18%	0.16%	0.16%
JILL	C	0.22%	0.33%	0.22%
KRT	B	0.29%	0.36%	0.29%
LGTY	C	0.3%	0.63%	0.3%
LQDT	B	0.37%	0.97%	0.37%
LXU	B	0.16%	0.78%	0.16%
MCB	B	0.52%	1.1%	0.52%
MCFT	C	0.3%	0.47%	0.3%
NATR	C	0.26%	0.34%	0.26%
NBN	C	0.52%	1.16%	0.52%
NECB	C	0.54%	0.67%	0.54%
NPK	B	0.36%	0.68%	0.36%
PLPC	B	0.33%	0.69%	0.33%
RCKY	F	0.17%	0.28%	0.17%
RMR	F	0.43%	0.62%	0.43%
SD	D	0.13%	0.65%	0.13%
SGC	C	0.35%	0.33%	0.33%
SIGA	F	0.28%	0.45%	0.28%
TCMD	B	0.23%	0.65%	0.23%
UVE	B	0.19%	1.0%	0.19%
VIRC	B	0.18%	0.25%	0.18%
VPG	F	0.17%	0.46%	0.17%
WRLD	C	0.27%	0.68%	0.27%

SQLV Overweight 221 Positions Relative to FDM

Symbol	Grade	Weight
BFH	C	1.13%
CALM	A	0.9%
CEIX	A	0.83%
VCTR	B	0.82%
CORT	B	0.82%
PAYO	A	0.81%
IDCC	B	0.78%
CAR	C	0.78%
DXC	B	0.77%
EBC	B	0.77%
CATY	B	0.76%
POWL	C	0.75%
AX	B	0.75%
TGNA	B	0.75%
SLVM	B	0.75%
IBOC	B	0.74%
FDP	B	0.74%
BKE	B	0.74%
AGX	B	0.72%
LRN	A	0.71%
STRL	A	0.71%
BTU	B	0.7%
SANM	B	0.69%
SKYW	C	0.67%
APAM	B	0.66%
HAFC	B	0.66%
MD	C	0.66%
ALE	A	0.65%
PRG	C	0.65%
PBF	D	0.65%
KFY	B	0.63%
FHI	B	0.63%
WHD	B	0.62%
AMR	C	0.61%
WTTR	A	0.6%
LE	D	0.59%
NMIH	C	0.59%
TDOC	C	0.56%
OMCL	C	0.56%
PRDO	B	0.55%
PAHC	C	0.55%
LGND	C	0.55%
WTFC	A	0.55%
ANDE	D	0.55%
HUBG	A	0.55%
WS	C	0.53%
INVA	D	0.53%
ASO	F	0.53%
SCS	C	0.52%
NTGR	B	0.52%
NVST	B	0.52%
PFBC	B	0.52%
PRGS	A	0.52%
EEFT	B	0.51%
CNXN	C	0.49%
PBH	A	0.49%
TEX	F	0.49%
ITGR	B	0.49%
BXC	B	0.48%
MBWM	B	0.48%
GIII	D	0.48%
TPC	C	0.48%
MCRI	A	0.47%
CIVB	B	0.47%
ADUS	D	0.46%
LMAT	A	0.46%
PLUS	F	0.46%
OSBC	A	0.46%
IRDM	D	0.46%
UNTY	B	0.46%
HAE	C	0.46%
DK	C	0.46%
THFF	B	0.45%
IOSP	C	0.45%
BELFB	C	0.44%
MSBI	B	0.44%
CTS	C	0.44%
INSW	F	0.44%
AMCX	C	0.43%
CVI	F	0.43%
SUPN	C	0.43%
EWCZ	F	0.42%
NTCT	C	0.42%
BHE	C	0.42%
RLGT	B	0.41%
IPGP	D	0.41%
ASTH	F	0.41%
CPRX	C	0.4%
HRMY	D	0.4%
ZD	B	0.4%
YELP	C	0.4%
EBF	F	0.39%
DVAX	C	0.39%
PKBK	A	0.39%
EVBN	B	0.39%
AVNS	F	0.38%
ATKR	D	0.38%
VCYT	B	0.38%
VSH	F	0.38%
WU	F	0.37%
TH	C	0.37%
AMPH	F	0.37%
WKC	C	0.37%
METC	C	0.37%
WOR	F	0.37%
RNGR	A	0.37%
ROCK	C	0.37%
ARRY	F	0.36%
OLPX	D	0.36%
REX	D	0.35%
HSTM	B	0.34%
TDC	D	0.34%
ATEN	A	0.34%
BSIG	A	0.34%
NX	C	0.33%
RES	D	0.33%
PLAB	C	0.33%
KFRC	D	0.33%
CRI	F	0.33%
DFIN	D	0.33%
JBSS	F	0.33%
CVEO	F	0.32%
EMBC	C	0.32%
FOR	F	0.32%
IART	C	0.31%
SMLR	B	0.31%
GNE	F	0.31%
COHU	C	0.31%
MPX	C	0.3%
MRVI	F	0.3%
RYI	C	0.3%
IRMD	C	0.3%
FLWS	D	0.3%
SPOK	B	0.29%
ACCO	C	0.29%
USNA	C	0.29%
CHGG	C	0.29%
OMI	F	0.29%
CASS	C	0.29%
WNC	C	0.29%
JELD	F	0.28%
COLL	F	0.28%
PUMP	C	0.27%
CRVL	B	0.27%
PLXS	B	0.27%
VREX	B	0.27%
CLW	F	0.26%
NVEC	B	0.26%
WINA	C	0.26%
ZIP	D	0.26%
ODP	F	0.26%
PFC	B	0.25%
GIC	D	0.25%
PKE	B	0.25%
CTKB	C	0.25%
ANIP	F	0.25%
UTMD	F	0.24%
MNSB	C	0.24%
HOFT	B	0.24%
RGP	F	0.24%
TZOO	A	0.24%
MED	D	0.24%
ZEUS	C	0.24%
PARR	F	0.24%
ARCH	B	0.23%
ICUI	D	0.23%
EVC	C	0.22%
MTUS	C	0.22%
CNS	B	0.22%
PBYI	C	0.21%
IIIN	C	0.21%
PETS	C	0.21%
MPAA	B	0.21%
LCUT	F	0.21%
SSTK	F	0.2%
CMT	C	0.2%
MDXG	B	0.2%
DBRG	F	0.2%
VRA	C	0.2%
OFLX	D	0.2%
PCRX	C	0.2%
ASRT	D	0.2%
STAA	F	0.2%
RCMT	C	0.19%
LFVN	C	0.19%
MYPS	C	0.19%
HBCP	C	0.19%
MITK	C	0.19%
IRWD	F	0.18%
HTZ	C	0.18%
ZYXI	D	0.18%
TGTX	B	0.18%
JAKK	C	0.17%
STBA	B	0.17%
HSII	B	0.17%
OSUR	F	0.16%
ACDC	B	0.16%
HCI	C	0.16%
BBW	C	0.16%
MGNI	B	0.16%
ANGO	C	0.15%
ANIK	D	0.15%
SCSC	C	0.15%
EXTR	C	0.15%
DXLG	D	0.15%
NRC	F	0.15%
CCRD	B	0.15%
TWI	F	0.14%
BOX	B	0.14%
HWKN	B	0.14%
BLBD	D	0.13%
IMMR	C	0.13%
POWW	F	0.13%
CNMD	C	0.13%
THRY	D	0.12%
CVGI	F	0.12%
PAYS	F	0.12%
YOU	D	0.12%
LTRX	F	0.11%
SURG	D	0.1%
IPW	F	0.06%

SQLV Underweight 95 Positions Relative to FDM

Symbol	Grade	Weight
LEU	C	-1.98%
TPB	B	-1.79%
VMEO	B	-1.78%
LMB	B	-1.59%
ASTE	C	-1.48%
BJRI	C	-1.47%
CPF	B	-1.46%
GLDD	B	-1.42%
IBCP	B	-1.38%
ASIX	B	-1.38%
HAYN	A	-1.34%
MLR	C	-1.34%
ETD	C	-1.15%
ANET	C	-1.14%
RGR	F	-1.13%
PTLO	F	-1.13%
SMBC	B	-1.08%
EZPW	B	-1.08%
SPTN	D	-1.06%
SNCY	C	-1.05%
SWBI	C	-1.02%
PLOW	D	-1.01%
WLFC	B	-0.99%
EGY	D	-0.96%
WLDN	C	-0.96%
NWPX	A	-0.92%
CCBG	B	-0.92%
LYTS	B	-0.92%
MPB	B	-0.88%
SHBI	B	-0.86%
KELYA	F	-0.85%
CSV	B	-0.85%
KE	C	-0.85%
AROW	B	-0.84%
ESQ	B	-0.82%
MOFG	B	-0.82%
NRIM	A	-0.81%
ARKO	C	-0.8%
TIPT	C	-0.8%
LINC	C	-0.79%
TTI	B	-0.79%
TRDA	C	-0.77%
HNRG	B	-0.75%
FC	F	-0.71%
FMAO	B	-0.7%
ITIC	A	-0.7%
BSRR	B	-0.69%
CMPO	B	-0.68%
USAP	B	-0.67%
DCGO	B	-0.65%
GLRE	B	-0.65%
CWCO	C	-0.64%
ODC	B	-0.62%
OPY	B	-0.62%
CENT	C	-0.61%
NGVC	A	-0.6%
NEWT	C	-0.6%
KODK	B	-0.59%
INBK	B	-0.57%
ARTNA	F	-0.56%
REPX	A	-0.55%
SENEA	A	-0.53%
LOCO	D	-0.53%
MOV	D	-0.53%
HVT	D	-0.52%
LEGH	D	-0.5%
RM	C	-0.48%
PKOH	C	-0.46%
AMPY	C	-0.44%
HRTG	C	-0.44%
FSTR	B	-0.43%
TASK	C	-0.41%
NGS	B	-0.41%
PWOD	A	-0.37%
VLGEA	C	-0.37%
FLXS	B	-0.35%
MITT	D	-0.35%
LSEA	D	-0.33%
JRVR	F	-0.31%
REI	D	-0.3%
EML	D	-0.29%
EARN	C	-0.28%
ACTG	D	-0.28%
ESOA	B	-0.27%
AVNW	F	-0.27%
FF	F	-0.24%
ACU	C	-0.24%
PEBK	B	-0.24%
TAYD	D	-0.24%
LAKE	B	-0.24%
TWIN	F	-0.23%
BBCP	D	-0.23%
LWAY	C	-0.2%
FEIM	B	-0.19%
KEQU	B	-0.14%