LVHD vs. FREL ETF Comparison

Comparison of Legg Mason Low Volatility High Dividend ETF (LVHD) to Fidelity MSCI Real Estate Index ETF (FREL)

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

FREL

Fidelity MSCI Real Estate Index ETF

FREL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Real Estate Index. The fund invests at least 80% of assets in securities included in the fund&#39;s underlying index. The fund&#39;s underlying index is the MSCI USA IMI Real Estate Index, which represents the performance of the real estate sector in the U.S. equity market. The fund may or may not hold all of the securities in the MSCI USA IMI Real Estate Index.

Grade (RS Rating)

Last Trade

$29.13

Average Daily Volume

168,084

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

Performance

Period	LVHD	FREL
30 Days	1.05%	-0.24%
60 Days	1.24%	-1.75%
90 Days	4.51%	2.47%
12 Months	21.71%	26.25%

33 Overlapping Holdings

Symbol	Grade	Weight in LVHD	Weight in FREL	Overlap
AAT	B	0.06%	0.09%	0.06%
ADC	B	0.5%	0.51%	0.5%
APLE	B	0.24%	0.24%	0.24%
BNL	D	0.15%	0.21%	0.15%
BRX	A	0.5%	0.58%	0.5%
CTRE	D	0.31%	0.28%	0.28%
CUBE	D	0.49%	0.72%	0.49%
DEA	D	0.08%	0.08%	0.08%
DOC	D	0.26%	1.01%	0.26%
EPR	D	0.22%	0.23%	0.22%
EPRT	B	0.31%	0.37%	0.31%
EQR	B	0.8%	1.66%	0.8%
ESS	B	0.83%	1.3%	0.83%
FCPT	C	0.11%	0.18%	0.11%
FRT	B	0.51%	0.56%	0.51%
GLPI	C	0.48%	0.89%	0.48%
GTY	B	0.07%	0.11%	0.07%
HIW	D	0.2%	0.23%	0.2%
HST	C	1.01%	0.82%	0.82%
KIM	A	0.84%	1.12%	0.84%
LTC	B	0.08%	0.11%	0.08%
LXP	D	0.12%	0.19%	0.12%
MAA	B	0.87%	1.23%	0.87%
NHI	D	0.13%	0.23%	0.13%
NNN	D	0.33%	0.51%	0.33%
NSA	D	0.25%	0.22%	0.22%
NTST	D	0.11%	0.08%	0.08%
REG	B	0.63%	0.86%	0.63%
ROIC	A	0.13%	0.15%	0.13%
STAG	F	0.31%	0.45%	0.31%
UNIT	B	0.07%	0.09%	0.07%
VICI	C	1.4%	2.18%	1.4%
WPC	D	0.53%	0.8%	0.53%

LVHD Overweight 85 Positions Relative to FREL

Symbol	Grade	Weight
MO	A	2.78%
MCD	D	2.71%
CVX	A	2.69%
HD	A	2.66%
USB	A	2.58%
CSCO	B	2.57%
LMT	D	2.54%
IBM	C	2.47%
PM	B	2.44%
SO	D	2.41%
PEP	F	2.39%
DUK	C	2.33%
MDLZ	F	2.32%
KO	D	2.3%
JNJ	D	2.29%
KDP	D	2.26%
OKE	A	2.18%
HSY	F	2.14%
KMB	D	2.1%
AEP	D	2.07%
PAYX	C	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%
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%
EVRG	A	0.93%
IPG	D	0.9%
PNW	B	0.71%
LNT	A	0.67%
FNF	B	0.54%
DTM	B	0.42%
OGE	B	0.37%
ONB	B	0.35%
WTRG	B	0.34%
AFG	A	0.31%
POR	C	0.31%
VLY	B	0.29%
MSM	C	0.28%
IDA	A	0.28%
SON	D	0.27%
FNB	A	0.25%
OGS	A	0.23%
BKH	A	0.22%
INSW	F	0.22%
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%
CBU	B	0.14%
FHB	A	0.14%
AVA	A	0.14%
AUB	B	0.13%
NWE	B	0.13%
CNA	B	0.12%
CVBF	A	0.12%
PFS	B	0.1%
FRME	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%
NWBI	B	0.07%
PINC	B	0.06%
PFBC	B	0.06%
LADR	B	0.06%
FCF	A	0.06%

LVHD Underweight 107 Positions Relative to FREL

Symbol	Grade	Weight
PLD	D	-7.1%
AMT	D	-6.08%
EQIX	A	-5.7%
WELL	A	-5.08%
SPG	B	-3.89%
DLR	B	-3.77%
PSA	D	-3.51%
O	D	-3.23%
CCI	D	-2.99%
CBRE	B	-2.71%
EXR	D	-2.32%
IRM	D	-2.22%
AVB	B	-2.16%
CSGP	D	-2.05%
VTR	C	-1.72%
SBAC	D	-1.58%
WY	D	-1.5%
INVH	D	-1.37%
ARE	D	-1.14%
SUI	D	-1.03%
UDR	B	-0.93%
CPT	B	-0.86%
ELS	C	-0.85%
JLL	D	-0.84%
AMH	D	-0.82%
Z	A	-0.79%
BXP	D	-0.79%
LAMR	D	-0.75%
OHI	C	-0.65%
REXR	F	-0.61%
EGP	F	-0.56%
FR	C	-0.47%
VNO	B	-0.46%
RHP	B	-0.43%
TRNO	F	-0.4%
COLD	D	-0.4%
KRG	B	-0.4%
SLG	B	-0.34%
CUZ	B	-0.32%
IRT	A	-0.32%
PECO	A	-0.31%
SBRA	C	-0.29%
KRC	C	-0.29%
RYN	D	-0.28%
MAC	B	-0.28%
SKT	B	-0.26%
PK	B	-0.22%
PCH	D	-0.22%
CDP	C	-0.22%
DEI	B	-0.2%
UE	C	-0.19%
AKR	B	-0.18%
HHH	B	-0.18%
MPW	F	-0.17%
OUT	A	-0.17%
COMP	B	-0.17%
CWK	B	-0.16%
IVT	B	-0.15%
NMRK	B	-0.15%
EQC	B	-0.14%
SHO	C	-0.13%
DRH	B	-0.13%
JOE	F	-0.12%
XHR	B	-0.11%
ELME	D	-0.1%
ESRT	C	-0.1%
PEB	D	-0.1%
RLJ	C	-0.1%
GNL	F	-0.1%
PDM	D	-0.09%
VRE	B	-0.09%
JBGS	D	-0.09%
ALEX	C	-0.09%
UMH	C	-0.09%
KW	B	-0.08%
OPEN	D	-0.07%
AIV	C	-0.07%
NXRT	B	-0.07%
CSR	B	-0.07%
RDFN	D	-0.07%
MMI	B	-0.07%
EXPI	C	-0.07%
AHH	D	-0.06%
PGRE	F	-0.06%
PLYM	F	-0.06%
BDN	C	-0.06%
INN	D	-0.05%
FOR	F	-0.05%
WSR	A	-0.05%
GOOD	B	-0.05%
FPI	B	-0.04%
ALX	D	-0.04%
UHT	D	-0.04%
GMRE	F	-0.04%
OLP	B	-0.04%
LAND	F	-0.03%
FRPH	A	-0.03%
DHC	F	-0.03%
SVC	F	-0.03%
CLDT	B	-0.03%
PKST	D	-0.03%
BFS	C	-0.03%
HPP	F	-0.03%
CHCT	C	-0.03%
TRC	F	-0.02%
RMR	F	-0.02%
CBL	A	-0.02%