QVAL vs. RFV ETF Comparison

Comparison of ValueShares U.S. Quantitative Value ETF (QVAL) to Guggenheim S&P Midcap 400 Pure Value ETF (RFV)

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.47

Average Daily Volume

23,670

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RFV

Guggenheim S&P Midcap 400 Pure Value ETF

RFV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P MidCap 400 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P MidCap 400 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$110.15

Average Daily Volume

19,707

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QVAL	RFV
30 Days	-5.15%	-6.94%
60 Days	1.02%	-1.91%
90 Days	4.06%	-1.46%
12 Months	32.96%	21.57%

6 Overlapping Holdings

Symbol	Grade	Weight in QVAL	Weight in RFV	Overlap
AGCO	D	2.02%	0.63%	0.63%
ARW	B	2.06%	2.2%	2.06%
LEA	F	1.9%	1.35%	1.35%
SNX	A	2.25%	2.56%	2.25%
THC	A	1.95%	1.41%	1.41%
TMHC	C	1.88%	1.47%	1.47%

QVAL Overweight 43 Positions Relative to RFV

Symbol	Grade	Weight
LBRT	B	2.25%
DAL	A	2.15%
BG	B	2.15%
WFRD	B	2.15%
ELV	A	2.12%
SIG	D	2.11%
OMC	A	2.08%
AMR	D	2.08%
CRC	D	2.07%
ARCH	D	2.07%
INSW	A	2.05%
CCK	B	2.05%
MUSA	B	2.05%
PSX	D	2.04%
SM	B	2.04%
ALSN	D	2.04%
MO	A	2.02%
OC	A	2.02%
HAL	D	2.02%
SKX	A	2.0%
T	B	2.0%
VLO	B	2.0%
TPH	A	1.99%
TEX	D	1.99%
CSCO	D	1.98%
IPG	F	1.98%
UTHR	A	1.98%
PHM	B	1.95%
UFPI	D	1.94%
CEIX	F	1.94%
GPK	D	1.93%
CMCSA	F	1.92%
SNA	D	1.9%
CVI	F	1.9%
CTSH	D	1.9%
TOL	B	1.9%
HPQ	D	1.9%
APA	F	1.89%
BBY	D	1.86%
DHI	D	1.84%
MOH	F	1.81%
CROX	D	1.8%
CRI	F	1.79%

QVAL Underweight 82 Positions Relative to RFV

Symbol	Grade	Weight
PBF	B	-3.52%
M	D	-2.7%
AVT	A	-2.5%
X	F	-2.28%
DINO	D	-2.24%
LAD	F	-2.01%
GT	D	-1.96%
MAN	B	-1.83%
CLF	F	-1.81%
AN	A	-1.79%
JWN	B	-1.75%
MTZ	A	-1.71%
USFD	C	-1.71%
AA	B	-1.7%
ADNT	D	-1.7%
JLL	C	-1.67%
PFGC	D	-1.62%
HTZ	F	-1.58%
UNM	A	-1.56%
GHC	C	-1.53%
PPC	A	-1.51%
ALLY	B	-1.47%
WCC	F	-1.42%
ARMK	B	-1.33%
MDU	A	-1.31%
R	A	-1.23%
ASB	A	-1.2%
KMPR	B	-1.19%
PVH	D	-1.17%
WHR	F	-1.15%
CMC	D	-1.15%
PAG	D	-1.14%
RGA	A	-1.12%
JEF	B	-1.09%
KD	C	-1.08%
HOG	F	-1.01%
PRGO	A	-1.01%
THO	F	-1.01%
FNB	B	-0.97%
CUZ	B	-0.96%
FLR	A	-0.95%
VAC	B	-0.92%
KRC	F	-0.91%
ZION	A	-0.88%
POST	A	-0.85%
UGI	A	-0.84%
FYBR	C	-0.83%
ENOV	D	-0.82%
VLY	F	-0.82%
FHN	A	-0.82%
CHK	B	-0.78%
AR	A	-0.76%
PENN	F	-0.74%
ONB	A	-0.72%
TGNA	D	-0.69%
JHG	C	-0.68%
GPS	D	-0.68%
OSK	B	-0.67%
PB	A	-0.67%
GEF	D	-0.67%
SWX	A	-0.67%
TCBI	D	-0.65%
COHR	C	-0.63%
IRT	A	-0.62%
NVST	F	-0.58%
BJ	A	-0.58%
WBS	D	-0.57%
BKH	A	-0.55%
CNO	B	-0.54%
ORI	A	-0.54%
NOV	D	-0.52%
VSH	C	-0.5%
FAF	D	-0.49%
WERN	D	-0.48%
SR	A	-0.47%
BERY	D	-0.45%
KNX	F	-0.44%
NYCB	F	-0.39%
LEG	F	-0.35%
CNXC	F	-0.34%
UAA	F	-0.32%
UA	F	-0.32%