LVHD vs. EVNT ETF Comparison

Comparison of Legg Mason Low Volatility High Dividend ETF (LVHD) to AltShares Event-Driven ETF (EVNT)

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

$40.61

Average Daily Volume

44,376

Number of Holdings ^*

118

* may have additional holdings in another (foreign) market

EVNT

AltShares Event-Driven ETF

EVNT Description

AltShares Event-Driven ETF is an exchange traded fund launched and managed by Water Island Capital, LLC. The fund invests in the public equity and fixed income markets across the globe. For its equity portion, the fund invests in stocks of companies operating across diversified sectors. It invests in event-driven/arbitrage stocks of companies across diversified market capitalization. The fund invests in fixed income securities with varying maturities. AltShares Event-Driven ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$10.65

Average Daily Volume

347

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LVHD	EVNT
30 Days	0.60%	0.05%
60 Days	1.38%	0.76%
90 Days	3.98%	1.91%
12 Months	21.09%	7.25%

1 Overlapping Holdings

	Symbol	Grade	Weight in LVHD	Weight in EVNT	Overlap
	K	A	1.76%	1.74%	1.74%

LVHD Overweight 117 Positions Relative to EVNT

Symbol	Grade	Weight
MO	A	2.78%
MCD	D	2.71%
CVX	A	2.69%
HD	B	2.66%
USB	A	2.58%
CSCO	B	2.57%
LMT	D	2.54%
IBM	C	2.47%
PM	B	2.44%
SO	C	2.41%
PEP	F	2.39%
DUK	C	2.33%
MDLZ	F	2.32%
KO	D	2.3%
JNJ	C	2.29%
KDP	F	2.26%
OKE	A	2.18%
HSY	F	2.14%
KMB	C	2.1%
AEP	C	2.07%
PAYX	B	2.07%
PNC	B	2.01%
GIS	D	1.87%
XEL	A	1.84%
EXC	C	1.83%
SYY	D	1.81%
DRI	B	1.65%
ETR	B	1.65%
WEC	A	1.48%
VICI	C	1.4%
ED	C	1.28%
OMC	C	1.17%
LYB	F	1.16%
FANG	C	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	C	0.8%
PNW	A	0.71%
LNT	A	0.67%
REG	A	0.63%
FNF	B	0.54%
WPC	C	0.53%
FRT	B	0.51%
ADC	A	0.5%
BRX	A	0.5%
CUBE	C	0.49%
GLPI	C	0.48%
DTM	A	0.42%
OGE	A	0.37%
ONB	C	0.35%
WTRG	B	0.34%
NNN	C	0.33%
CTRE	C	0.31%
EPRT	B	0.31%
AFG	A	0.31%
STAG	D	0.31%
POR	C	0.31%
VLY	B	0.29%
MSM	C	0.28%
IDA	A	0.28%
SON	F	0.27%
DOC	C	0.26%
FNB	A	0.25%
NSA	C	0.25%
APLE	B	0.24%
OGS	A	0.23%
EPR	C	0.22%
BKH	A	0.22%
INSW	F	0.22%
HIW	C	0.2%
SR	A	0.19%
ALE	A	0.19%
FHI	B	0.17%
FIBK	B	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	B	0.14%
AVA	A	0.14%
AUB	B	0.13%
NWE	B	0.13%
ROIC	A	0.13%
NHI	D	0.13%
CNA	C	0.12%
LXP	D	0.12%
CVBF	A	0.12%
NTST	C	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	C	0.07%
UVV	B	0.07%
FFBC	B	0.07%
UNIT	B	0.07%
GTY	A	0.07%
NWBI	B	0.07%
PINC	B	0.06%
AAT	B	0.06%
PFBC	B	0.06%
LADR	B	0.06%
FCF	B	0.06%

LVHD Underweight 43 Positions Relative to EVNT

Symbol	Grade	Weight
HES	B	-4.35%
CTLT	C	-3.94%
HA	A	-3.73%
HCP	B	-3.69%
JNPR	D	-3.35%
PETQ	A	-3.29%
AMED	F	-3.17%
PRFT	B	-3.16%
AXNX	A	-2.98%
ANSS	B	-2.82%
CHX	C	-2.68%
MGRC	B	-2.56%
SRCL	B	-2.55%
X	B	-1.88%
CCI	C	-1.78%
INST	B	-1.77%
MRO	B	-1.54%
ENV	B	-1.51%
EDR	A	-1.48%
SILK	A	-1.46%
ESGR	B	-1.4%
VZIO	A	-1.21%
RCM	A	-1.19%
DIS	B	-1.07%
SQSP	A	-0.98%
CHUY	B	-0.96%
CPRI	F	-0.92%
AURA	C	-0.86%
PVH	C	-0.85%
PARA	C	-0.83%
CZR	F	-0.81%
PACB	F	-0.81%
VFC	C	-0.78%
GTHX	A	-0.77%
WBD	B	-0.76%
RIVN	F	-0.76%
SNOW	B	-0.74%
EVRI	A	-0.7%
BE	B	-0.51%
ACI	C	-0.42%
CLSD	F	-0.33%
WSC	F	--0.9%
SNPS	B	--1.24%