FOVL vs. SQLV ETF Comparison

Comparison of iShares Focused Value Factor ETF (FOVL) to Legg Mason Small-Cap Quality Value ETF (SQLV)

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$60.82

Average Daily Volume

14,177

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$39.75

Average Daily Volume

3,985

Number of Holdings ^*

232

* may have additional holdings in another (foreign) market

Performance

Period	FOVL	SQLV
30 Days	-1.58%	-1.85%
60 Days	0.71%	-2.88%
90 Days	6.40%	0.32%
12 Months	25.20%	17.69%

0 Overlapping Holdings

	Symbol	Grade	Weight in FOVL	Weight in SQLV	Overlap

FOVL Overweight 40 Positions Relative to SQLV

Symbol	Grade	Weight
TOL	B	3.51%
PNFP	C	3.25%
IBKR	A	3.24%
BLDR	D	3.23%
FYBR	B	3.09%
SF	A	3.07%
JPM	B	2.94%
WTM	B	2.92%
COF	B	2.92%
WLK	B	2.86%
SNV	C	2.82%
AXS	A	2.74%
ORI	A	2.73%
FHB	B	2.71%
FNB	B	2.7%
JHG	A	2.68%
WBS	D	2.67%
CNA	B	2.58%
LYB	C	2.42%
KMI	A	2.42%
AMG	D	2.4%
DFS	C	2.4%
PFG	C	2.4%
NUE	D	2.38%
UNM	B	2.38%
T	B	2.37%
CLF	F	2.35%
CUZ	B	2.3%
STT	C	2.29%
HPE	D	2.25%
AN	B	2.25%
LPX	D	2.22%
AGR	B	2.18%
THO	D	2.17%
PNW	B	2.08%
Z	F	1.81%
ALK	C	1.8%
LSXMK	F	1.72%
SNDR	D	1.72%
LLYVK	D	0.67%

FOVL Underweight 232 Positions Relative to SQLV

Symbol	Grade	Weight
NYCB	D	-0.88%
CVI	F	-0.78%
WIRE	B	-0.75%
ANDE	B	-0.75%
VCTR	A	-0.74%
DXC	F	-0.73%
ARCH	D	-0.7%
CAR	D	-0.69%
IBOC	A	-0.69%
ALE	B	-0.69%
INSW	A	-0.68%
BKE	D	-0.68%
APAM	D	-0.67%
TGNA	D	-0.66%
BTU	F	-0.65%
CALM	D	-0.64%
OMI	F	-0.63%
SLVM	A	-0.63%
CRCT	C	-0.62%
CEIX	D	-0.62%
PRDO	B	-0.61%
TEX	C	-0.61%
ODP	C	-0.61%
XRX	F	-0.61%
VSH	C	-0.6%
SANM	B	-0.6%
CATY	D	-0.6%
WOR	D	-0.6%
EVC	D	-0.6%
HLNE	B	-0.6%
AX	B	-0.59%
LE	B	-0.58%
FHI	D	-0.57%
KFY	D	-0.57%
NMIH	A	-0.57%
NVST	F	-0.57%
IRDM	D	-0.55%
CNS	D	-0.55%
STBA	B	-0.54%
CCSI	F	-0.54%
LRN	A	-0.54%
WHD	B	-0.54%
SCS	C	-0.53%
HAE	A	-0.53%
PARR	F	-0.52%
RMR	B	-0.52%
PRG	B	-0.52%
MRVI	B	-0.52%
PAHC	B	-0.51%
PFC	B	-0.51%
CLW	B	-0.5%
CRI	F	-0.5%
GIII	D	-0.5%
IDCC	B	-0.49%
MCBC	A	-0.49%
PFBC	A	-0.49%
PBH	D	-0.49%
TDC	F	-0.49%
VGR	D	-0.49%
REX	B	-0.48%
TH	C	-0.48%
OMCL	C	-0.48%
AGX	A	-0.48%
YELP	C	-0.48%
HAFC	C	-0.47%
LXU	C	-0.47%
CNXN	D	-0.46%
NPK	A	-0.46%
BXC	D	-0.46%
INVA	B	-0.46%
WTTR	B	-0.45%
MD	F	-0.45%
JBSS	D	-0.45%
ITGR	D	-0.45%
MSBI	D	-0.44%
MCRI	D	-0.44%
RYI	F	-0.44%
ACDC	F	-0.44%
PRGS	D	-0.44%
HTZ	F	-0.44%
CTS	A	-0.43%
AVNS	D	-0.43%
ZEUS	F	-0.43%
STRL	B	-0.43%
SD	D	-0.43%
ZD	F	-0.43%
AMK	D	-0.43%
ROCK	D	-0.42%
NX	D	-0.42%
EBF	C	-0.42%
HRMY	C	-0.42%
HWKN	A	-0.42%
MBWM	B	-0.42%
PLAB	C	-0.42%
THRY	C	-0.42%
BBW	B	-0.42%
PLUS	C	-0.42%
NTCT	F	-0.42%
KFRC	F	-0.41%
CORT	D	-0.41%
ADUS	A	-0.41%
ASTH	D	-0.41%
IART	F	-0.41%
QUAD	F	-0.41%
DHIL	C	-0.41%
RES	F	-0.41%
IIIN	D	-0.41%
PTSI	C	-0.4%
EXTR	F	-0.4%
POWL	B	-0.4%
CCRN	F	-0.4%
YOU	F	-0.4%
SGC	B	-0.4%
OSBC	C	-0.4%
OLPX	F	-0.4%
COHU	F	-0.4%
AMPY	B	-0.4%
FOR	D	-0.4%
DVAX	D	-0.39%
WINA	C	-0.39%
THFF	B	-0.39%
SSTK	F	-0.39%
WNC	F	-0.39%
SUPN	D	-0.39%
MCB	B	-0.39%
LGND	D	-0.38%
PCRX	F	-0.38%
DFIN	B	-0.38%
AMPH	F	-0.38%
IRWD	F	-0.38%
UIS	B	-0.38%
MPX	B	-0.38%
USNA	F	-0.38%
COLL	D	-0.38%
MED	F	-0.37%
BELFB	B	-0.37%
STAA	B	-0.37%
FWRD	F	-0.36%
GIC	F	-0.36%
ATEN	B	-0.36%
FLWS	F	-0.36%
VREX	F	-0.36%
SWIM	D	-0.36%
CVEO	D	-0.35%
FISI	D	-0.35%
TWI	F	-0.35%
OSG	B	-0.35%
NATR	C	-0.35%
CRVL	C	-0.35%
SPFI	B	-0.35%
SGH	F	-0.34%
LMAT	A	-0.34%
RGP	F	-0.34%
MGNI	D	-0.34%
PLPC	D	-0.34%
BOX	F	-0.34%
AIRS	D	-0.34%
GNE	F	-0.34%
PETQ	D	-0.34%
NECB	B	-0.33%
CIVB	F	-0.33%
DAKT	B	-0.33%
BCBP	D	-0.33%
ANGO	C	-0.33%
HBB	C	-0.33%
RLGT	F	-0.33%
CVGI	F	-0.32%
ANIP	C	-0.32%
NBN	B	-0.32%
IMXI	F	-0.32%
HSTM	B	-0.32%
MCFT	F	-0.32%
CASS	D	-0.32%
ARC	C	-0.32%
PKBK	C	-0.32%
MITK	B	-0.31%
ATRI	B	-0.31%
SGA	C	-0.31%
UNTY	C	-0.31%
CPRX	D	-0.3%
LQDT	C	-0.3%
KRT	C	-0.3%
VRA	B	-0.3%
NRC	D	-0.3%
BTMD	D	-0.3%
MYPS	F	-0.3%
ZIP	F	-0.3%
AMSWA	F	-0.29%
NTGR	F	-0.29%
OFLX	F	-0.29%
PETS	F	-0.29%
HCKT	D	-0.29%
ACIC	D	-0.29%
NVEC	F	-0.29%
POWW	D	-0.29%
VPG	D	-0.29%
BSIG	D	-0.29%
ANIK	A	-0.28%
RNGR	F	-0.28%
TRDA	D	-0.28%
SPOK	F	-0.28%
ASRT	D	-0.28%
PKE	F	-0.28%
DXLG	F	-0.28%
IRMD	D	-0.27%
UTMD	D	-0.27%
CTKB	F	-0.26%
IMMR	C	-0.26%
HOFT	F	-0.26%
MNSB	F	-0.25%
EVBN	D	-0.25%
OSUR	F	-0.24%
TCMD	F	-0.24%
JAKK	F	-0.24%
CMT	F	-0.24%
MDXG	D	-0.23%
VYGR	D	-0.23%
EGRX	F	-0.22%
ZYXI	D	-0.21%
PBYI	D	-0.21%
INTT	F	-0.21%
CCRD	C	-0.2%
PRTS	F	-0.2%
LTRX	C	-0.19%
SMLR	F	-0.18%
ARCT	F	-0.18%
DERM	F	-0.17%
RCMT	F	-0.16%
BWFG	F	-0.13%
HBCP	B	-0.12%
TZOO	D	-0.12%
SURG	F	-0.09%