SQLV vs. XSLV ETF Comparison

Comparison of Legg Mason Small-Cap Quality Value ETF (SQLV) to PowerShares S&P SmallCap Low Volatility Portfolio (XSLV)

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

$42.45

Average Daily Volume

1,224

Number of Holdings ^*

227

* may have additional holdings in another (foreign) market

XSLV

PowerShares S&P SmallCap Low Volatility Portfolio

XSLV Description

The PowerShares S&P SmallCap Low Volatility Portfolio (Fund) is based on the S&P SmallCap 600 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 120 out of 600 small-capitalization range securities from the S&P SmallCap 600 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$48.57

Average Daily Volume

28,950

Number of Holdings ^*

115

* may have additional holdings in another (foreign) market

Performance

Period	SQLV	XSLV
30 Days	5.53%	4.70%
60 Days	3.62%	4.56%
90 Days	10.40%	12.95%
12 Months	19.07%	22.91%

17 Overlapping Holdings

Symbol	Grade	Weight in SQLV	Weight in XSLV	Overlap
ADUS	B	0.52%	0.75%	0.52%
BSIG	B	0.3%	0.78%	0.3%
CNXN	B	0.53%	0.78%	0.53%
DFIN	B	0.39%	0.81%	0.39%
FDP	C	0.69%	0.74%	0.69%
HSTM	C	0.33%	0.77%	0.33%
HUBG	C	0.56%	0.82%	0.56%
IDCC	B	0.61%	0.78%	0.61%
INVA	B	0.58%	1.0%	0.58%
IOSP	D	0.44%	0.88%	0.44%
JBSS	D	0.42%	0.73%	0.42%
KFY	B	0.64%	0.81%	0.64%
MCRI	C	0.48%	0.94%	0.48%
NMIH	B	0.7%	0.96%	0.7%
NPK	D	0.4%	0.94%	0.4%
PBH	B	0.49%	0.92%	0.49%
PRGS	C	0.5%	0.85%	0.5%

SQLV Overweight 210 Positions Relative to XSLV

Symbol	Grade	Weight
CCSI	C	0.95%
SWIM	C	0.83%
VGR	B	0.79%
DXC	C	0.79%
EBC	B	0.75%
CALM	A	0.75%
BKE	B	0.75%
VCTR	B	0.74%
ALE	B	0.72%
OMCL	C	0.71%
SLVM	B	0.71%
CATY	C	0.7%
CNS	B	0.7%
AGX	B	0.7%
STBA	B	0.7%
IBOC	D	0.7%
PRG	B	0.68%
CEIX	D	0.67%
ASO	C	0.67%
YOU	C	0.67%
TGNA	D	0.66%
PAHC	B	0.63%
AX	D	0.63%
APAM	C	0.63%
PETQ	B	0.62%
SANM	D	0.62%
HWKN	C	0.61%
BTU	D	0.61%
ANDE	D	0.61%
CRCT	C	0.61%
LRN	B	0.61%
PFC	C	0.59%
INSW	D	0.58%
FHI	A	0.58%
LE	D	0.57%
CVI	F	0.57%
WHD	C	0.57%
CORT	C	0.56%
SCS	D	0.56%
DK	F	0.55%
HAFC	C	0.54%
LGND	C	0.53%
ARCH	F	0.53%
MRVI	D	0.53%
PRDO	D	0.53%
GIII	C	0.53%
ASTH	B	0.52%
TEX	F	0.52%
CRI	D	0.51%
SKYW	C	0.51%
OLPX	C	0.51%
AVNS	B	0.51%
MD	C	0.51%
RMR	C	0.51%
EVC	D	0.5%
WTTR	D	0.5%
ITGR	A	0.5%
FISI	B	0.49%
HRMY	B	0.49%
PFBC	D	0.49%
NVST	D	0.49%
PLUS	A	0.48%
WTFC	B	0.48%
VSH	F	0.47%
OSBC	C	0.47%
STRL	B	0.47%
MGNI	D	0.47%
MBWM	D	0.47%
EXTR	C	0.46%
EBF	B	0.46%
WU	F	0.46%
IRDM	D	0.46%
MCB	C	0.45%
CRVL	B	0.44%
THFF	B	0.44%
HBB	B	0.43%
SUPN	C	0.43%
NECB	B	0.43%
LMAT	C	0.43%
WOR	D	0.43%
SPFI	B	0.43%
BXC	D	0.42%
HAE	F	0.42%
TH	D	0.42%
BBW	C	0.42%
BOX	C	0.42%
ACDC	F	0.42%
BELFB	B	0.41%
RLGT	C	0.41%
DHIL	C	0.41%
UIS	C	0.4%
YELP	F	0.4%
ANGO	C	0.4%
NTCT	C	0.4%
CAR	F	0.4%
MSBI	D	0.4%
NTGR	C	0.39%
IIIN	D	0.39%
DAKT	D	0.39%
PKBK	B	0.39%
AMPH	C	0.39%
CTS	D	0.39%
LXU	D	0.39%
NBN	C	0.39%
KFRC	D	0.39%
EVBN	B	0.39%
CIVB	C	0.38%
CVEO	B	0.38%
QUAD	F	0.38%
ROCK	D	0.38%
CPRX	A	0.38%
POWL	C	0.38%
ZD	D	0.38%
UNTY	B	0.37%
COLL	C	0.37%
WINA	D	0.37%
OMI	D	0.37%
RES	D	0.37%
IPGP	F	0.37%
FOR	C	0.37%
LQDT	B	0.37%
SD	D	0.37%
TDC	F	0.36%
REX	D	0.36%
GNE	D	0.36%
DVAX	D	0.36%
RYI	D	0.34%
ASRT	D	0.34%
ODP	F	0.34%
CCRN	F	0.33%
PLAB	F	0.33%
SGH	F	0.33%
SGC	F	0.33%
HCKT	C	0.33%
NX	F	0.32%
PARR	F	0.32%
GIC	D	0.32%
CLW	F	0.32%
RNGR	C	0.32%
AMSWA	C	0.31%
COHU	F	0.31%
PLPC	D	0.31%
IMMR	D	0.31%
SSTK	F	0.31%
WNC	F	0.31%
THRY	D	0.3%
TRDA	D	0.3%
BTMD	D	0.3%
CASS	C	0.3%
RGP	F	0.3%
ATEN	C	0.3%
MPX	D	0.3%
USNA	F	0.3%
ACIC	D	0.3%
JAKK	C	0.3%
NVEC	D	0.28%
IRMD	C	0.28%
IMXI	D	0.28%
FLWS	F	0.28%
SPOK	C	0.28%
MCFT	F	0.27%
MNSB	C	0.26%
UTMD	F	0.26%
KRT	D	0.26%
ANIP	D	0.26%
TWI	D	0.26%
ZIP	D	0.26%
MED	F	0.26%
VREX	F	0.25%
IART	F	0.25%
PKE	D	0.25%
CMT	C	0.24%
HOFT	C	0.24%
PETS	D	0.24%
STAA	F	0.24%
ZEUS	F	0.24%
ANIK	D	0.24%
CCRD	C	0.23%
CTKB	F	0.23%
HTZ	F	0.23%
NATR	F	0.23%
DERM	D	0.22%
TCMD	C	0.22%
DXLG	F	0.22%
VPG	F	0.21%
VRA	F	0.21%
MYPS	F	0.2%
LTRX	D	0.2%
OFLX	D	0.2%
IRWD	F	0.19%
MDXG	F	0.19%
MITK	F	0.19%
EGRX	F	0.19%
TZOO	C	0.19%
OSUR	D	0.18%
PCRX	F	0.18%
NRC	F	0.18%
VYGR	F	0.17%
POWW	F	0.17%
CVGI	F	0.17%
SMLR	F	0.16%
RCMT	D	0.15%
PRTS	F	0.14%
ZYXI	F	0.14%
INTT	F	0.13%
PRCH	D	0.13%
HBCP	B	0.13%
ARCT	F	0.13%
PBYI	F	0.1%
SURG	F	0.03%

SQLV Underweight 98 Positions Relative to XSLV

Symbol	Grade	Weight
CTRE	C	-1.18%
LTC	C	-1.14%
EPRT	B	-1.1%
EIG	C	-1.09%
FCPT	C	-1.07%
PECO	B	-1.07%
GTY	B	-1.03%
ENSG	B	-1.03%
TR	C	-0.99%
SAFT	D	-0.97%
SHO	C	-0.97%
MSGS	B	-0.96%
FELE	C	-0.94%
AMSF	C	-0.94%
EFC	B	-0.94%
AWR	B	-0.94%
SKT	B	-0.93%
ALEX	B	-0.93%
FUL	C	-0.91%
RHI	D	-0.91%
BFS	B	-0.91%
CHCO	B	-0.9%
BRC	C	-0.9%
BCPC	C	-0.89%
UE	B	-0.89%
APLE	D	-0.89%
NSIT	D	-0.89%
COOP	C	-0.88%
HMN	D	-0.87%
LXP	B	-0.87%
CPK	B	-0.86%
UTL	C	-0.86%
RDN	C	-0.86%
AGO	C	-0.86%
AKR	B	-0.86%
SJW	C	-0.86%
PSMT	B	-0.85%
CASH	B	-0.84%
CWT	C	-0.84%
AVA	C	-0.84%
EPC	F	-0.83%
NWN	C	-0.82%
WSR	D	-0.82%
ESE	B	-0.82%
DRH	C	-0.82%
PINC	C	-0.82%
PIPR	B	-0.81%
SPTN	C	-0.81%
NAVI	C	-0.81%
SHOO	B	-0.81%
AHH	B	-0.81%
MOG.A	B	-0.8%
WERN	D	-0.8%
AWI	B	-0.8%
KELYA	D	-0.79%
ACA	B	-0.79%
OFG	C	-0.79%
MMSI	B	-0.79%
HTH	C	-0.79%
SXT	C	-0.79%
UHT	B	-0.78%
PJT	B	-0.78%
APOG	B	-0.77%
AL	D	-0.77%
NWBI	C	-0.77%
MTX	D	-0.77%
TNC	F	-0.77%
VRRM	D	-0.77%
CPF	B	-0.77%
KMT	B	-0.76%
SNEX	B	-0.76%
NHC	D	-0.76%
WABC	D	-0.76%
MGY	C	-0.76%
MRTN	D	-0.76%
CSR	B	-0.76%
FBP	C	-0.76%
GTES	C	-0.75%
EPAC	B	-0.75%
GNW	B	-0.75%
PLXS	A	-0.75%
MLI	A	-0.75%
RGR	D	-0.74%
NBHC	D	-0.74%
UNF	C	-0.74%
EVTC	D	-0.74%
SNDR	B	-0.73%
SMPL	D	-0.73%
FHB	D	-0.73%
KAR	D	-0.73%
JJSF	C	-0.72%
EZPW	D	-0.7%
SPNT	C	-0.7%
NVEE	F	-0.7%
AIN	D	-0.7%
FSS	D	-0.69%
NABL	D	-0.68%
USPH	F	-0.66%