LVHD vs. TBG ETF Comparison

Comparison of Legg Mason Low Volatility High Dividend ETF (LVHD) to TBG Dividend Focus ETF (TBG)

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

TBG

TBG Dividend Focus ETF

TBG Description

The fund seeks to achieve its investment objective by investing in equity securities of small-, mid- and large- capitalization companies that the sub-adviser believes have the potential to grow their dividends over time. The fund will invest primarily in companies that have operations in and/or domiciled in the U.S. and that trade on U.S. stock exchanges. In addition, the fund may invest in real estate investment trusts (REITs) and master limited partnerships (MLPs).

Grade (RS Rating)

Last Trade

$33.72

Average Daily Volume

16,908

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LVHD	TBG
30 Days	1.05%	3.97%
60 Days	1.24%	5.35%
90 Days	4.51%	9.29%
12 Months	21.71%	34.63%

10 Overlapping Holdings

Symbol	Grade	Weight in LVHD	Weight in TBG	Overlap
AEP	D	2.07%	2.8%	2.07%
CSCO	B	2.57%	4.13%	2.57%
CVX	A	2.69%	4.33%	2.69%
GIS	D	1.87%	2.52%	1.87%
IBM	C	2.47%	4.27%	2.47%
JNJ	D	2.29%	1.54%	1.54%
LMT	D	2.54%	2.47%	2.47%
LYB	F	1.16%	3.98%	1.16%
MCD	D	2.71%	1.22%	1.22%
PEP	F	2.39%	1.98%	1.98%

LVHD Overweight 108 Positions Relative to TBG

Symbol	Grade	Weight
MO	A	2.78%
HD	A	2.66%
USB	A	2.58%
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%
PAYX	C	2.07%
PNC	B	2.01%
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%
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	A	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 23 Positions Relative to TBG

Symbol	Grade	Weight
SPG	B	-4.54%
GILD	C	-4.28%
ET	A	-4.0%
VZ	C	-3.89%
CMI	A	-3.72%
EPD	A	-3.69%
BX	A	-3.66%
TFC	A	-3.54%
MRK	F	-3.23%
KVUE	A	-3.08%
OWL	A	-3.07%
PG	A	-2.72%
MS	A	-2.54%
LAMR	D	-2.51%
TXN	C	-2.49%
MC	B	-2.22%
JPM	A	-2.1%
APO	B	-2.08%
CLX	B	-2.01%
AMGN	D	-2.0%
XOM	B	-1.96%
SBUX	A	-1.73%
AVGO	D	-1.41%