LVHD vs. DIVL ETF Comparison

Comparison of Legg Mason Low Volatility High Dividend ETF (LVHD) to Madison Dividend Value ETF (DIVL)

LVHD

Legg Mason Low Volatility High Dividend ETF

LVHD Description

The investment seeks to track the investment results of the QS Low Volatility High Dividend 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 the underlying index. The underlying index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility.

Grade (RS Rating)

Last Trade

$40.82

Average Daily Volume

43,099

Number of Holdings ^*

118

* may have additional holdings in another (foreign) market

DIVL

Madison Dividend Value ETF

DIVL Description

The fund seeks to achieve its investment objective by investing in equity securities of companies with a market capitalization of over $1 billion and a history of paying dividends, with the ability to increase dividends over time. Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in dividend paying equity securities. The fund may also invest up to 50% of its common stock allocation in foreign securities, including ADRs and emerging market securities.

Grade (RS Rating)

Last Trade

$22.71

Average Daily Volume

2,673

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LVHD	DIVL
30 Days	1.05%	2.44%
60 Days	1.24%	5.00%
90 Days	4.51%	6.85%
12 Months	21.71%	22.78%

6 Overlapping Holdings

Symbol	Grade	Weight in LVHD	Weight in DIVL	Overlap
CVX	A	2.69%	3.1%	2.69%
HD	A	2.66%	3.83%	2.66%
JNJ	D	2.29%	2.77%	2.29%
PAYX	C	2.07%	1.13%	1.13%
PEP	F	2.39%	1.32%	1.32%
USB	A	2.58%	2.54%	2.54%

LVHD Overweight 112 Positions Relative to DIVL

Symbol	Grade	Weight
MO	A	2.78%
MCD	D	2.71%
CSCO	B	2.57%
LMT	D	2.54%
IBM	C	2.47%
PM	B	2.44%
SO	D	2.41%
DUK	C	2.33%
MDLZ	F	2.32%
KO	D	2.3%
KDP	D	2.26%
OKE	A	2.18%
HSY	F	2.14%
KMB	D	2.1%
AEP	D	2.07%
PNC	B	2.01%
GIS	D	1.87%
XEL	A	1.84%
EXC	C	1.83%
SYY	B	1.81%
K	A	1.76%
DRI	B	1.65%
ETR	B	1.65%
WEC	A	1.48%
VICI	C	1.4%
ED	D	1.28%
OMC	C	1.17%
LYB	F	1.16%
FANG	D	1.14%
PKG	A	1.06%
AEE	A	1.04%
NI	A	1.04%
DTE	C	1.02%
HST	C	1.01%
EVRG	A	0.93%
IPG	D	0.9%
MAA	B	0.87%
KIM	A	0.84%
ESS	B	0.83%
EQR	B	0.8%
PNW	B	0.71%
LNT	A	0.67%
REG	B	0.63%
FNF	B	0.54%
WPC	D	0.53%
FRT	B	0.51%
ADC	B	0.5%
BRX	A	0.5%
CUBE	D	0.49%
GLPI	C	0.48%
DTM	B	0.42%
OGE	B	0.37%
ONB	B	0.35%
WTRG	B	0.34%
NNN	D	0.33%
CTRE	D	0.31%
EPRT	B	0.31%
AFG	A	0.31%
STAG	F	0.31%
POR	C	0.31%
VLY	B	0.29%
MSM	C	0.28%
IDA	A	0.28%
SON	D	0.27%
DOC	D	0.26%
FNB	A	0.25%
NSA	D	0.25%
APLE	B	0.24%
OGS	A	0.23%
EPR	D	0.22%
BKH	A	0.22%
INSW	F	0.22%
HIW	D	0.2%
SR	A	0.19%
ALE	A	0.19%
FHI	A	0.17%
FIBK	A	0.17%
NJR	A	0.17%
FULT	A	0.17%
BOH	B	0.16%
UBSI	B	0.16%
BNL	D	0.15%
CBU	B	0.14%
FHB	A	0.14%
AVA	A	0.14%
AUB	B	0.13%
NWE	B	0.13%
ROIC	A	0.13%
NHI	D	0.13%
CNA	B	0.12%
LXP	D	0.12%
CVBF	A	0.12%
NTST	D	0.11%
FCPT	C	0.11%
PFS	B	0.1%
FRME	B	0.08%
DEA	D	0.08%
LTC	B	0.08%
NWN	A	0.08%
TOWN	B	0.07%
NBTB	B	0.07%
HOPE	B	0.07%
UVV	B	0.07%
FFBC	A	0.07%
UNIT	B	0.07%
GTY	B	0.07%
NWBI	B	0.07%
PINC	B	0.06%
AAT	B	0.06%
PFBC	B	0.06%
LADR	B	0.06%
FCF	A	0.06%

LVHD Underweight 30 Positions Relative to DIVL

Symbol	Grade	Weight
MS	A	-4.78%
FAST	B	-4.53%
ADP	B	-4.51%
BLK	C	-3.99%
HON	B	-3.92%
TXN	C	-3.85%
ABBV	D	-3.54%
JPM	A	-3.52%
LOW	D	-3.29%
EOG	A	-3.17%
CMCSA	B	-2.82%
UNP	C	-2.74%
NEE	D	-2.69%
HPE	B	-2.65%
MDT	D	-2.64%
CME	A	-2.63%
BAC	A	-2.61%
AMT	D	-2.58%
COP	C	-2.57%
MKC	D	-2.35%
APD	A	-2.29%
D	C	-2.28%
CMI	A	-2.16%
DGX	A	-2.02%
XOM	B	-1.91%
PG	A	-1.41%
NKE	D	-1.36%
ABT	B	-1.25%
DE	A	-1.14%
CL	D	-0.99%