LVHD vs. QABA ETF Comparison

Comparison of Legg Mason Low Volatility High Dividend ETF (LVHD) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)

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

$36.61

Average Daily Volume

102,125

Number of Holdings ^*

115

* may have additional holdings in another (foreign) market

QABA

First Trust NASDAQ ABA Community Bank Index Fund

QABA Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S.banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.70

Average Daily Volume

21,683

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	LVHD	QABA
30 Days	2.41%	7.85%
60 Days	1.38%	2.44%
90 Days	5.53%	3.10%
12 Months	3.80%	36.51%

15 Overlapping Holdings

Symbol	Grade	Weight in LVHD	Weight in QABA	Overlap
CVBF	C	0.16%	1.46%	0.16%
EGBN	F	0.04%	0.35%	0.04%
FFBC	B	0.07%	1.35%	0.07%
FHB	B	0.18%	1.72%	0.18%
FIBK	B	0.16%	1.78%	0.16%
FRME	B	0.07%	1.27%	0.07%
FULT	A	0.2%	1.73%	0.2%
HOPE	C	0.07%	0.77%	0.07%
NBTB	B	0.06%	1.07%	0.06%
NWBI	C	0.07%	0.85%	0.07%
PFBC	A	0.06%	0.68%	0.06%
TOWN	B	0.05%	1.24%	0.05%
UBSI	C	0.24%	2.81%	0.24%
WABC	B	0.06%	0.79%	0.06%
WSBC	C	0.05%	1.02%	0.05%

LVHD Overweight 100 Positions Relative to QABA

Symbol	Grade	Weight
AEP	A	2.79%
EXC	B	2.7%
MO	A	2.67%
KDP	A	2.65%
GIS	B	2.64%
KHC	C	2.62%
KO	A	2.62%
LMT	A	2.61%
PEP	B	2.58%
PM	A	2.57%
JNJ	D	2.46%
O	B	2.4%
CMI	A	2.37%
KMB	B	2.35%
USB	D	2.35%
VZ	C	2.31%
IBM	D	2.3%
FAST	D	2.23%
CSCO	D	2.17%
BMY	F	2.14%
UPS	D	1.95%
PFE	C	1.93%
ED	A	1.77%
PNC	A	1.68%
CCI	D	1.63%
ETR	A	1.62%
DRI	F	1.53%
WEC	B	1.53%
PAYX	C	1.5%
K	B	1.49%
DTE	A	1.49%
CAG	B	1.43%
AEE	B	1.4%
EVRG	B	1.36%
GRMN	A	1.22%
ES	B	1.19%
OMC	A	1.17%
NI	A	1.11%
ESS	A	1.06%
IPG	D	1.05%
PKG	D	1.03%
LNT	B	0.82%
KIM	B	0.81%
WPC	B	0.79%
GLPI	D	0.77%
SYY	D	0.77%
FNF	B	0.73%
PNW	B	0.73%
CUBE	D	0.67%
VICI	B	0.66%
NNN	A	0.62%
ADC	B	0.58%
MPW	C	0.56%
OGE	A	0.48%
STWD	C	0.47%
STAG	D	0.41%
POR	B	0.41%
DTM	A	0.38%
ORI	A	0.36%
ONB	A	0.34%
MSM	D	0.33%
NYCB	D	0.32%
HIW	B	0.31%
BKH	B	0.31%
OGS	C	0.29%
NSA	C	0.26%
DOC	A	0.26%
AVA	B	0.25%
FNB	A	0.24%
VLY	D	0.23%
ALE	B	0.2%
NWE	B	0.2%
CTRE	C	0.16%
BNL	B	0.15%
CBU	B	0.14%
LXP	D	0.13%
NTST	B	0.13%
BOH	D	0.13%
FCPT	B	0.13%
UNIT	F	0.11%
AUB	C	0.11%
DEA	B	0.11%
ROIC	D	0.11%
BDN	B	0.1%
REYN	A	0.09%
GTY	B	0.09%
NWN	B	0.08%
PFS	B	0.08%
AAT	B	0.08%
CNA	B	0.08%
LTC	A	0.08%
UVV	B	0.08%
PRK	A	0.07%
FCF	B	0.07%
PDM	B	0.07%
LADR	B	0.07%
CNS	D	0.07%
VGR	C	0.06%
HE	F	0.04%
OPI	D	0.03%

LVHD Underweight 108 Positions Relative to QABA

Symbol	Grade	Weight
CBSH	A	-4.53%
WTFC	B	-3.77%
OZK	B	-3.21%
FFIN	C	-2.68%
HWC	B	-2.5%
UMBF	C	-2.43%
TFSL	B	-2.23%
IBOC	A	-2.22%
ABCB	B	-2.07%
UCBI	B	-1.91%
BANF	B	-1.86%
TCBI	B	-1.73%
WSFS	B	-1.65%
CATY	C	-1.6%
SFNC	D	-1.36%
INDB	C	-1.35%
PPBI	B	-1.33%
SBCF	B	-1.25%
TRMK	A	-1.15%
WAFD	B	-1.12%
HTLF	A	-1.12%
MBIN	B	-1.12%
TBBK	D	-1.03%
LKFN	C	-0.98%
CLBK	D	-0.97%
IBTX	C	-0.97%
CHCO	B	-0.96%
BANR	B	-0.95%
EFSC	B	-0.91%
SYBT	B	-0.84%
CASH	B	-0.81%
FBNC	D	-0.8%
BUSE	B	-0.79%
SRCE	B	-0.77%
STBA	B	-0.74%
TCBK	B	-0.74%
VBTX	B	-0.68%
PEBO	B	-0.66%
GABC	D	-0.59%
QCRH	B	-0.59%
SASR	B	-0.59%
RBCAA	B	-0.56%
OCFC	B	-0.56%
SBSI	D	-0.51%
BFC	C	-0.5%
CTBI	B	-0.48%
FMBH	B	-0.47%
FBMS	C	-0.47%
BRKL	D	-0.47%
AMAL	B	-0.47%
DCOM	C	-0.46%
CNOB	B	-0.45%
PFC	B	-0.45%
CFFN	D	-0.43%
UVSP	A	-0.41%
FCBC	B	-0.4%
HFWA	B	-0.4%
GSBC	B	-0.39%
OSBC	B	-0.39%
MBWM	B	-0.38%
HBT	B	-0.38%
CFB	C	-0.38%
CASS	D	-0.37%
HBNC	B	-0.34%
TRST	B	-0.33%
IBCP	B	-0.33%
BFST	D	-0.33%
CCB	B	-0.32%
MSBI	D	-0.31%
HTBK	C	-0.31%
HAFC	B	-0.3%
HONE	B	-0.3%
CCBG	C	-0.29%
FMNB	C	-0.29%
SMBC	D	-0.29%
CAC	B	-0.29%
WASH	B	-0.28%
HTBI	B	-0.28%
THFF	B	-0.27%
SPFI	B	-0.27%
NBN	B	-0.26%
AROW	C	-0.25%
PGC	D	-0.25%
CCNE	C	-0.25%
NFBK	D	-0.24%
BHRB	F	-0.24%
ESQ	B	-0.24%
HIFS	B	-0.23%
MPB	B	-0.22%
SHBI	C	-0.22%
KRNY	F	-0.22%
MOFG	D	-0.21%
FFIC	D	-0.21%
RBB	B	-0.21%
BWB	B	-0.2%
CARE	C	-0.18%
NEWT	C	-0.17%
FISI	C	-0.17%
NRIM	B	-0.17%
PFIS	D	-0.17%
BMRC	D	-0.15%
WSBF	B	-0.15%
FRST	D	-0.15%
BLFY	B	-0.14%
FLIC	D	-0.14%
NECB	B	-0.14%
OVLY	D	-0.13%
CZFS	C	-0.12%

LVHD: Top Represented Industries & Keywords

Industries: Banks - Regional - US Utilities - Regulated Electric REIT - Diversified REIT - Retail REIT - Office Utilities - Diversified Packaged Foods REIT - Healthcare Facilities REIT - Industrial Tobacco Beverages - Soft Drinks Drug Manufacturers - Major Savings & Cooperative Banks Utilities - Regulated Gas Advertising Agencies Industrial Distribution Packaging & Containers Aerospace & Defense Asset Management Business Services