SQLV vs. VFMV ETF Comparison

Comparison of Legg Mason Small-Cap Quality Value ETF (SQLV) to Vanguard U.S. Minimum Volatility ETF (VFMV)

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

$44.25

Average Daily Volume

771

Number of Holdings ^*

257

* may have additional holdings in another (foreign) market

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$125.78

Average Daily Volume

6,621

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

Performance

Period	SQLV	VFMV
30 Days	3.89%	1.69%
60 Days	3.99%	2.95%
90 Days	7.95%	4.57%
12 Months	19.23%	26.23%

16 Overlapping Holdings

Symbol	Grade	Weight in SQLV	Weight in VFMV	Overlap
CASS	B	0.29%	0.19%	0.19%
CNXN	D	0.49%	0.07%	0.07%
EBF	F	0.39%	0.2%	0.2%
FDP	A	0.74%	0.15%	0.15%
HCKT	B	0.37%	0.14%	0.14%
HSTM	B	0.34%	0.84%	0.34%
IDCC	B	0.78%	1.06%	0.78%
IMMR	F	0.13%	0.2%	0.13%
INSW	F	0.44%	0.37%	0.37%
JBSS	F	0.33%	0.24%	0.24%
LRN	A	0.71%	0.97%	0.71%
NVEC	D	0.26%	0.33%	0.26%
PBH	A	0.49%	0.42%	0.42%
SPOK	B	0.29%	0.15%	0.15%
THFF	B	0.45%	0.33%	0.33%
YELP	C	0.4%	0.52%	0.4%

SQLV Overweight 241 Positions Relative to VFMV

Symbol	Grade	Weight
BFH	B	1.13%
CALM	A	0.9%
CEIX	B	0.83%
VCTR	B	0.82%
CORT	B	0.82%
PAYO	A	0.81%
CAR	C	0.78%
DXC	C	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%
BKE	B	0.74%
AGX	B	0.72%
STRL	B	0.71%
BTU	B	0.7%
SANM	B	0.69%
SKYW	B	0.67%
CCSI	C	0.67%
APAM	B	0.66%
HAFC	B	0.66%
MD	C	0.66%
ALE	A	0.65%
PRG	B	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	B	0.55%
LGND	C	0.55%
WTFC	B	0.55%
ANDE	F	0.55%
HUBG	A	0.55%
NECB	B	0.54%
CRCT	F	0.54%
WS	B	0.53%
INVA	D	0.53%
ASO	F	0.53%
SCS	B	0.52%
NTGR	B	0.52%
NVST	C	0.52%
NBN	B	0.52%
MCB	B	0.52%
PFBC	B	0.52%
PRGS	B	0.52%
EEFT	C	0.51%
TEX	D	0.49%
ITGR	B	0.49%
BXC	B	0.48%
MBWM	B	0.48%
GIII	F	0.48%
TPC	C	0.48%
MCRI	A	0.47%
FISI	B	0.47%
CIVB	B	0.47%
ADUS	D	0.46%
LMAT	A	0.46%
PLUS	F	0.46%
OSBC	A	0.46%
IRDM	F	0.46%
UNTY	B	0.46%
HAE	C	0.46%
DK	D	0.46%
IOSP	C	0.45%
BELFB	D	0.44%
MSBI	B	0.44%
CTS	C	0.44%
AMCX	C	0.43%
RMR	F	0.43%
CVI	D	0.43%
SUPN	B	0.43%
EWCZ	F	0.42%
NTCT	C	0.42%
BHE	B	0.42%
DAKT	B	0.42%
RLGT	B	0.41%
IPGP	D	0.41%
ASTH	F	0.41%
CPRX	C	0.4%
DHIL	A	0.4%
HRMY	F	0.4%
ZD	B	0.4%
DVAX	C	0.39%
PKBK	B	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	D	0.37%
LQDT	B	0.37%
ARRY	F	0.36%
NPK	C	0.36%
OLPX	D	0.36%
SGC	C	0.35%
REX	D	0.35%
TDC	D	0.34%
ATEN	A	0.34%
BSIG	A	0.34%
NX	C	0.33%
RES	D	0.33%
PLAB	C	0.33%
ACIC	B	0.33%
KFRC	D	0.33%
CRI	F	0.33%
DFIN	D	0.33%
PLPC	B	0.33%
CVEO	D	0.32%
EMBC	C	0.32%
FOR	F	0.32%
IART	C	0.31%
SMLR	A	0.31%
GNE	F	0.31%
COHU	D	0.31%
LGTY	B	0.3%
MPX	C	0.3%
MRVI	F	0.3%
MCFT	C	0.3%
RYI	C	0.3%
IRMD	B	0.3%
IMXI	B	0.3%
FLWS	D	0.3%
ACCO	B	0.29%
KRT	B	0.29%
USNA	C	0.29%
CHGG	C	0.29%
OMI	F	0.29%
WNC	D	0.29%
JELD	F	0.28%
SIGA	F	0.28%
COLL	F	0.28%
HBB	F	0.28%
WRLD	D	0.27%
PUMP	D	0.27%
CRVL	A	0.27%
PLXS	B	0.27%
VREX	B	0.27%
EE	A	0.27%
CLW	F	0.26%
NATR	B	0.26%
WINA	B	0.26%
ZIP	D	0.26%
ODP	F	0.26%
PFC	B	0.25%
BTMD	C	0.25%
GIC	F	0.25%
PKE	B	0.25%
CTKB	C	0.25%
ANIP	D	0.25%
UTMD	F	0.24%
MNSB	C	0.24%
HOFT	C	0.24%
RGP	F	0.24%
TZOO	B	0.24%
MED	D	0.24%
ZEUS	C	0.24%
PARR	F	0.24%
ARCH	B	0.23%
TCMD	B	0.23%
CCRN	F	0.23%
ICUI	D	0.23%
EVC	C	0.22%
JILL	D	0.22%
MTUS	D	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	F	0.2%
MDXG	B	0.2%
DBRG	F	0.2%
VRA	D	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	B	0.19%
UVE	A	0.19%
MITK	D	0.19%
IRWD	F	0.18%
HTZ	C	0.18%
VIRC	C	0.18%
INTT	C	0.18%
ZYXI	D	0.18%
TGTX	B	0.18%
VPG	F	0.17%
JAKK	C	0.17%
RCKY	F	0.17%
STBA	B	0.17%
HSII	B	0.17%
OSUR	F	0.16%
ACDC	C	0.16%
HCI	C	0.16%
BBW	B	0.16%
MGNI	B	0.16%
LXU	C	0.16%
ANGO	C	0.15%
ANIK	D	0.15%
SCSC	B	0.15%
EXTR	C	0.15%
DXLG	D	0.15%
NRC	F	0.15%
CCRD	A	0.15%
TWI	F	0.14%
CSPI	C	0.14%
BOX	B	0.14%
HWKN	B	0.14%
BLBD	F	0.13%
SD	D	0.13%
POWW	F	0.13%
CNMD	C	0.13%
THRY	F	0.12%
CVGI	F	0.12%
PAYS	F	0.12%
YOU	D	0.12%
LTRX	F	0.11%
SURG	F	0.1%
IPW	F	0.06%

SQLV Underweight 149 Positions Relative to VFMV

Symbol	Grade	Weight
IBM	C	-1.52%
MCK	A	-1.52%
ADI	D	-1.5%
DOX	D	-1.5%
EQC	A	-1.49%
JNJ	D	-1.49%
ABT	B	-1.49%
PGR	B	-1.48%
PG	C	-1.48%
TXN	C	-1.48%
COR	B	-1.48%
LMT	D	-1.47%
MRK	F	-1.46%
ED	C	-1.44%
CHD	A	-1.44%
TMUS	B	-1.43%
DUK	C	-1.42%
T	A	-1.41%
KO	D	-1.4%
SO	C	-1.38%
CVLT	A	-1.38%
NTAP	C	-1.37%
ROP	C	-1.33%
MSFT	D	-1.3%
TJX	A	-1.27%
CSCO	B	-1.25%
XOM	A	-1.23%
RSG	A	-1.2%
NOC	D	-1.17%
EA	A	-1.16%
GD	D	-1.14%
CME	A	-1.14%
MUSA	B	-1.13%
REGN	F	-1.12%
ORLY	B	-1.11%
IDT	B	-1.1%
WMT	A	-1.08%
RTX	D	-1.06%
WM	B	-1.06%
KEX	A	-1.05%
CL	D	-1.05%
CBOE	C	-1.04%
GIS	D	-1.0%
VZ	C	-1.0%
FCN	D	-0.98%
HPQ	B	-0.96%
WTW	B	-0.93%
CVX	A	-0.9%
MGEE	B	-0.89%
GILD	B	-0.83%
MCD	D	-0.79%
VECO	F	-0.78%
DLB	B	-0.78%
FE	C	-0.77%
BSX	A	-0.75%
UNH	B	-0.75%
TYL	B	-0.74%
ABBV	F	-0.74%
TKO	A	-0.73%
CHE	D	-0.69%
SPOT	A	-0.68%
SAFT	B	-0.67%
BLKB	C	-0.66%
CTRE	C	-0.65%
CRUS	F	-0.64%
AVGO	D	-0.64%
GOOGL	B	-0.64%
CAH	B	-0.64%
NSIT	F	-0.56%
WTM	A	-0.54%
AAPL	C	-0.54%
NABL	F	-0.51%
GOOG	B	-0.48%
META	C	-0.47%
GDDY	A	-0.46%
WEC	A	-0.45%
MATX	B	-0.45%
NEU	D	-0.4%
FLO	D	-0.38%
TRV	B	-0.38%
WMB	A	-0.37%
HOLX	D	-0.36%
HSY	F	-0.36%
V	A	-0.35%
DTM	A	-0.35%
AJG	A	-0.35%
PPC	B	-0.34%
AZO	C	-0.34%
LAUR	A	-0.34%
PFE	F	-0.32%
LLY	F	-0.32%
BRK.A	B	-0.31%
VERX	A	-0.3%
FANG	C	-0.3%
RLI	A	-0.3%
MDLZ	F	-0.28%
QRVO	F	-0.28%
OLLI	D	-0.26%
ATR	B	-0.25%
QCOM	F	-0.25%
LIN	D	-0.24%
MO	A	-0.24%
ROL	B	-0.23%
MCS	B	-0.22%
EXEL	B	-0.21%
AMSF	B	-0.21%
LOPE	B	-0.2%
MTSI	B	-0.2%
DECK	A	-0.2%
KMI	A	-0.2%
ACN	B	-0.2%
JJSF	C	-0.19%
AEE	A	-0.19%
QNST	B	-0.18%
HQY	A	-0.18%
AMGN	D	-0.14%
OLED	F	-0.14%
SPNS	F	-0.14%
TW	A	-0.13%
PI	D	-0.12%
CI	D	-0.11%
PSX	C	-0.1%
DGICA	A	-0.1%
TNK	F	-0.09%
DJCO	B	-0.09%
AMAT	F	-0.08%
KLAC	F	-0.07%
CB	D	-0.07%
UNM	A	-0.06%
CTSH	B	-0.06%
OSIS	A	-0.06%
JPM	B	-0.05%
AKAM	F	-0.04%
CNA	C	-0.04%
PEBK	B	-0.04%
LANC	D	-0.04%
CLBK	C	-0.04%
GLRE	B	-0.04%
PEP	F	-0.04%
CMS	C	-0.03%
NBIX	C	-0.03%
MSI	A	-0.03%
BCAL	A	-0.03%
EIG	B	-0.03%
VRTX	D	-0.03%
DTE	C	-0.03%
MRAM	C	-0.02%
FFNW	C	-0.02%
MU	D	-0.02%

VFMV: Top Represented Industries & Keywords

Industries: Insurance - Property & Casualty Semiconductors Drug Manufacturers - Major Internet Content & Information Utilities - Regulated Electric Packaged Foods Software - Application Telecom Services Information Technology Services Aerospace & Defense Banks - Regional - US Biotechnology Business Services Medical Distribution Semiconductor Equipment & Materials Shipping & Ports Education & Training Services Household & Personal Products Media - Diversified Oil & Gas Midstream