RNSC vs. SQLV ETF Comparison

Comparison of First Trust Small Cap US Equity Select ETF (RNSC) to Legg Mason Small-Cap Quality Value ETF (SQLV)

RNSC

First Trust Small Cap US Equity Select ETF

RNSC Description

The Small Cap US Equity Select ETF (the "Fund") 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 Riskalyze Small Cap US Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$27.92

Average Daily Volume

9,960

Number of Holdings ^*

308

* may have additional holdings in another (foreign) market

SQLV

Legg Mason Small-Cap Quality Value ETF

SQLV Description

The investment seeks to track the investment results of the RARE Global Infrastructure 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 its underlying index. The underlying index is composed of equity securities in developed and developing markets that are included in the MSCI ACWI All Cap Index. Companies in the MSCI ACWI All Cap Index are screened to include only companies within the Global Industry Classification Standard (GICS) sub-industries and are classified into infrastructure sectors.

Grade (RS Rating)

Last Trade

$39.75

Average Daily Volume

3,985

Number of Holdings ^*

232

* may have additional holdings in another (foreign) market

Performance

Period	RNSC	SQLV
30 Days	-0.48%	-1.85%
60 Days	-1.36%	-2.88%
90 Days	1.46%	0.32%
12 Months	11.22%	17.69%

43 Overlapping Holdings

Symbol	Grade	Weight in RNSC	Weight in SQLV	Overlap
ANDE	B	0.17%	0.75%	0.17%
APAM	D	0.17%	0.67%	0.17%
ARCH	D	0.36%	0.7%	0.36%
BKE	D	0.33%	0.68%	0.33%
CALM	D	0.17%	0.64%	0.17%
CATY	D	0.18%	0.6%	0.18%
CEIX	D	0.36%	0.62%	0.36%
CNXN	D	1.15%	0.46%	0.46%
CRI	F	0.28%	0.5%	0.28%
CTS	A	1.32%	0.43%	0.43%
FHI	D	0.17%	0.57%	0.17%
FWRD	F	0.22%	0.36%	0.22%
GIC	F	0.27%	0.36%	0.27%
HWKN	A	0.22%	0.42%	0.22%
IBOC	A	0.2%	0.69%	0.2%
IDCC	B	0.48%	0.49%	0.48%
INSW	A	0.34%	0.68%	0.34%
KFRC	F	0.3%	0.41%	0.3%
KFY	D	0.31%	0.57%	0.31%
LMAT	A	2.86%	0.34%	0.34%
MCRI	D	0.32%	0.44%	0.32%
NX	D	0.29%	0.42%	0.29%
PFBC	A	0.19%	0.49%	0.19%
POWL	B	0.37%	0.4%	0.37%
PRDO	B	0.48%	0.61%	0.48%
PRG	B	0.34%	0.52%	0.34%
PRGS	D	1.21%	0.44%	0.44%
RES	F	0.31%	0.41%	0.31%
RYI	F	0.15%	0.44%	0.15%
SCS	C	0.32%	0.53%	0.32%
SLVM	A	0.24%	0.63%	0.24%
SSTK	F	1.16%	0.39%	0.39%
STBA	B	0.18%	0.54%	0.18%
TGNA	D	0.33%	0.66%	0.33%
VCTR	A	0.23%	0.74%	0.23%
VGR	D	0.15%	0.49%	0.15%
VSH	C	1.27%	0.6%	0.6%
WHD	B	0.37%	0.54%	0.37%
WINA	C	0.35%	0.39%	0.35%
WNC	F	0.25%	0.39%	0.25%
WOR	D	0.33%	0.6%	0.33%
XRX	F	0.95%	0.61%	0.61%
YOU	F	1.07%	0.4%	0.4%

RNSC Overweight 265 Positions Relative to SQLV

Symbol	Grade	Weight
NHC	C	2.81%
PINC	F	2.73%
USPH	C	2.61%
PDCO	D	2.61%
CNMD	F	2.49%
CSGS	F	1.04%
TDS	D	0.51%
CABO	F	0.47%
CRK	B	0.39%
STRA	A	0.39%
LEVI	A	0.38%
SHEN	F	0.38%
MLKN	D	0.37%
PHIN	A	0.37%
AROC	B	0.37%
USLM	A	0.36%
PRIM	B	0.36%
DAN	C	0.36%
SAH	B	0.35%
KNTK	A	0.35%
APOG	A	0.35%
TRN	A	0.35%
PTVE	C	0.35%
AESI	B	0.35%
OXM	B	0.34%
PSMT	A	0.34%
CSWI	A	0.34%
TGLS	B	0.34%
HLIO	B	0.34%
NSSC	A	0.34%
JWN	B	0.34%
CRC	D	0.34%
REVG	B	0.34%
BRC	B	0.33%
GVA	B	0.33%
ABM	B	0.33%
MWA	B	0.33%
SHOO	D	0.33%
GHC	C	0.33%
SCHL	F	0.33%
HNI	B	0.33%
LNN	C	0.33%
EPAC	A	0.33%
SXI	D	0.32%
KMT	D	0.32%
ICFI	C	0.32%
DK	D	0.32%
B	C	0.32%
HUBG	C	0.32%
CAKE	D	0.32%
TRS	B	0.32%
GBX	B	0.32%
ESE	B	0.32%
CDRE	D	0.31%
GFF	D	0.31%
BOWL	F	0.31%
CMCO	B	0.31%
CAL	C	0.31%
RRR	D	0.31%
CRS	B	0.31%
TNC	D	0.31%
SNDR	D	0.31%
PZZA	F	0.31%
AZZ	C	0.31%
VAC	C	0.31%
BDC	C	0.31%
TNL	D	0.31%
GDEN	F	0.3%
LCII	F	0.3%
UNF	D	0.3%
WERN	D	0.3%
PATK	C	0.3%
MATW	D	0.3%
BLMN	F	0.3%
LZB	D	0.3%
MRTN	D	0.3%
DNUT	F	0.29%
GES	B	0.29%
HTLD	F	0.29%
AIN	D	0.29%
EVTC	F	0.29%
KSS	F	0.29%
WGO	F	0.29%
NPO	D	0.29%
CCS	D	0.29%
GEF	D	0.29%
JACK	F	0.28%
ALG	D	0.28%
JBT	F	0.28%
HI	D	0.27%
CBRL	F	0.27%
ARCB	F	0.26%
FL	F	0.26%
LEG	F	0.25%
CWH	F	0.25%
ALGT	F	0.25%
SXT	A	0.24%
HEES	F	0.24%
CWT	B	0.23%
OEC	B	0.23%
HTLF	A	0.23%
KALU	A	0.23%
NWN	B	0.22%
AVA	B	0.22%
HL	B	0.22%
MTX	A	0.22%
MSEX	C	0.21%
PNM	C	0.21%
NWE	B	0.21%
IOSP	C	0.21%
SR	B	0.21%
AWR	C	0.21%
CPK	B	0.21%
SCL	C	0.21%
MGEE	B	0.21%
CWEN	B	0.21%
KOP	F	0.21%
KLG	A	0.21%
BGC	A	0.2%
PFS	B	0.2%
BANF	B	0.2%
PJT	C	0.2%
WS	D	0.2%
FULT	A	0.2%
VIRT	B	0.2%
MCY	B	0.2%
SJW	D	0.2%
SMG	C	0.2%
TRMK	B	0.2%
INDB	C	0.19%
AGM	C	0.19%
FRME	B	0.19%
MTRN	F	0.19%
FHB	B	0.19%
SRCE	B	0.19%
ABR	C	0.19%
PMT	B	0.19%
CNO	B	0.19%
HE	F	0.19%
SAFT	C	0.19%
UCBI	B	0.19%
LADR	B	0.19%
WABC	B	0.19%
NBTB	B	0.19%
WSFS	B	0.19%
MBIN	B	0.19%
VBTX	B	0.19%
CHCO	B	0.19%
PRK	A	0.19%
OFG	B	0.19%
GBDC	B	0.19%
TCBK	B	0.19%
PEBO	B	0.19%
FBK	B	0.19%
NNI	B	0.19%
ASB	A	0.19%
HMN	A	0.19%
FBP	A	0.19%
STEP	A	0.19%
PIPR	A	0.19%
FIBK	B	0.19%
BKU	B	0.19%
FFBC	B	0.19%
CASH	B	0.19%
LTC	A	0.18%
NIC	D	0.18%
CIM	D	0.18%
CTRE	B	0.18%
BANC	C	0.18%
DEA	B	0.18%
CMTG	F	0.18%
SASR	C	0.18%
WSBC	D	0.18%
NWBI	C	0.18%
CBU	B	0.18%
BOH	D	0.18%
SBCF	C	0.18%
BANR	B	0.18%
OCFC	B	0.18%
RC	C	0.18%
AUB	C	0.18%
IIPR	B	0.18%
PPBI	D	0.18%
CVBF	C	0.18%
EIG	D	0.18%
SYBT	B	0.18%
NBHC	C	0.18%
UTZ	B	0.18%
STC	B	0.18%
RNST	C	0.18%
TOWN	B	0.18%
WAFD	B	0.18%
EFSC	C	0.18%
BHLB	B	0.18%
EBC	B	0.18%
BUSE	B	0.18%
TPG	C	0.18%
FCF	B	0.18%
HTH	B	0.18%
EXPI	C	0.18%
FCPT	B	0.17%
AAT	B	0.17%
NAVI	F	0.17%
CODI	D	0.17%
EPC	B	0.17%
IVT	B	0.17%
UMH	C	0.17%
DEI	B	0.17%
UE	B	0.17%
WMK	D	0.17%
ALX	B	0.17%
JOE	B	0.17%
ENR	C	0.17%
ALEX	C	0.17%
FDP	D	0.17%
SFNC	D	0.17%
ARI	F	0.17%
GTY	B	0.17%
VRTS	D	0.17%
VSTS	F	0.17%
AKR	B	0.17%
HIW	B	0.17%
KW	C	0.17%
UNIT	F	0.17%
PGRE	B	0.17%
HOPE	D	0.17%
UVV	B	0.17%
LKFN	D	0.17%
NHI	A	0.17%
MPW	D	0.17%
WD	B	0.17%
ESRT	D	0.16%
PEB	D	0.16%
TR	F	0.16%
NTST	C	0.16%
XHR	D	0.16%
JBGS	F	0.16%
LOB	F	0.16%
SPB	C	0.16%
IBTX	D	0.16%
SITC	C	0.16%
SLG	B	0.16%
SKT	C	0.16%
LXP	D	0.16%
MMI	D	0.16%
IMKTA	F	0.16%
OUT	D	0.16%
JJSF	C	0.16%
MGPI	F	0.16%
SBRA	A	0.16%
BNL	B	0.16%
ROIC	D	0.16%
FBNC	D	0.16%
HASI	C	0.15%
SVC	F	0.15%
NMRK	D	0.15%
SHO	D	0.15%
RLJ	D	0.15%
PLYM	F	0.15%
PK	D	0.15%
DRH	D	0.15%
GNL	D	0.15%
NSA	D	0.15%
HPP	F	0.14%
DBRG	F	0.13%

RNSC Underweight 189 Positions Relative to SQLV

Symbol	Grade	Weight
NYCB	D	-0.88%
CVI	F	-0.78%
WIRE	B	-0.75%
DXC	F	-0.73%
CAR	D	-0.69%
ALE	B	-0.69%
BTU	F	-0.65%
OMI	F	-0.63%
CRCT	C	-0.62%
TEX	C	-0.61%
ODP	C	-0.61%
SANM	B	-0.6%
EVC	D	-0.6%
HLNE	B	-0.6%
AX	B	-0.59%
LE	B	-0.58%
NMIH	A	-0.57%
NVST	F	-0.57%
IRDM	D	-0.55%
CNS	D	-0.55%
CCSI	F	-0.54%
LRN	A	-0.54%
HAE	A	-0.53%
PARR	F	-0.52%
RMR	B	-0.52%
MRVI	B	-0.52%
PAHC	B	-0.51%
PFC	B	-0.51%
CLW	B	-0.5%
GIII	D	-0.5%
MCBC	A	-0.49%
PBH	D	-0.49%
TDC	F	-0.49%
REX	B	-0.48%
TH	C	-0.48%
OMCL	C	-0.48%
AGX	A	-0.48%
YELP	C	-0.48%
HAFC	C	-0.47%
LXU	C	-0.47%
NPK	A	-0.46%
BXC	D	-0.46%
INVA	B	-0.46%
WTTR	B	-0.45%
MD	F	-0.45%
JBSS	D	-0.45%
ITGR	D	-0.45%
MSBI	D	-0.44%
ACDC	F	-0.44%
HTZ	F	-0.44%
AVNS	D	-0.43%
ZEUS	F	-0.43%
STRL	B	-0.43%
SD	D	-0.43%
ZD	F	-0.43%
AMK	D	-0.43%
ROCK	D	-0.42%
EBF	C	-0.42%
HRMY	C	-0.42%
MBWM	B	-0.42%
PLAB	C	-0.42%
THRY	C	-0.42%
BBW	B	-0.42%
PLUS	C	-0.42%
NTCT	F	-0.42%
CORT	D	-0.41%
ADUS	A	-0.41%
ASTH	D	-0.41%
IART	F	-0.41%
QUAD	F	-0.41%
DHIL	C	-0.41%
IIIN	D	-0.41%
PTSI	C	-0.4%
EXTR	F	-0.4%
CCRN	F	-0.4%
SGC	B	-0.4%
OSBC	C	-0.4%
OLPX	F	-0.4%
COHU	F	-0.4%
AMPY	B	-0.4%
FOR	D	-0.4%
DVAX	D	-0.39%
THFF	B	-0.39%
SUPN	D	-0.39%
MCB	B	-0.39%
LGND	D	-0.38%
PCRX	F	-0.38%
DFIN	B	-0.38%
AMPH	F	-0.38%
IRWD	F	-0.38%
UIS	B	-0.38%
MPX	B	-0.38%
USNA	F	-0.38%
COLL	D	-0.38%
MED	F	-0.37%
BELFB	B	-0.37%
STAA	B	-0.37%
ATEN	B	-0.36%
FLWS	F	-0.36%
VREX	F	-0.36%
SWIM	D	-0.36%
CVEO	D	-0.35%
FISI	D	-0.35%
TWI	F	-0.35%
OSG	B	-0.35%
NATR	C	-0.35%
CRVL	C	-0.35%
SPFI	B	-0.35%
SGH	F	-0.34%
RGP	F	-0.34%
MGNI	D	-0.34%
PLPC	D	-0.34%
BOX	F	-0.34%
AIRS	D	-0.34%
GNE	F	-0.34%
PETQ	D	-0.34%
NECB	B	-0.33%
CIVB	F	-0.33%
DAKT	B	-0.33%
BCBP	D	-0.33%
ANGO	C	-0.33%
HBB	C	-0.33%
RLGT	F	-0.33%
CVGI	F	-0.32%
ANIP	C	-0.32%
NBN	B	-0.32%
IMXI	F	-0.32%
HSTM	B	-0.32%
MCFT	F	-0.32%
CASS	D	-0.32%
ARC	C	-0.32%
PKBK	C	-0.32%
MITK	B	-0.31%
ATRI	B	-0.31%
SGA	C	-0.31%
UNTY	C	-0.31%
CPRX	D	-0.3%
LQDT	C	-0.3%
KRT	C	-0.3%
VRA	B	-0.3%
NRC	D	-0.3%
BTMD	D	-0.3%
MYPS	F	-0.3%
ZIP	F	-0.3%
AMSWA	F	-0.29%
NTGR	F	-0.29%
OFLX	F	-0.29%
PETS	F	-0.29%
HCKT	D	-0.29%
ACIC	D	-0.29%
NVEC	F	-0.29%
POWW	D	-0.29%
VPG	D	-0.29%
BSIG	D	-0.29%
ANIK	A	-0.28%
RNGR	F	-0.28%
TRDA	D	-0.28%
SPOK	F	-0.28%
ASRT	D	-0.28%
PKE	F	-0.28%
DXLG	F	-0.28%
IRMD	D	-0.27%
UTMD	D	-0.27%
CTKB	F	-0.26%
IMMR	C	-0.26%
HOFT	F	-0.26%
MNSB	F	-0.25%
EVBN	D	-0.25%
OSUR	F	-0.24%
TCMD	F	-0.24%
JAKK	F	-0.24%
CMT	F	-0.24%
MDXG	D	-0.23%
VYGR	D	-0.23%
EGRX	F	-0.22%
ZYXI	D	-0.21%
PBYI	D	-0.21%
INTT	F	-0.21%
CCRD	C	-0.2%
PRTS	F	-0.2%
LTRX	C	-0.19%
SMLR	F	-0.18%
ARCT	F	-0.18%
DERM	F	-0.17%
RCMT	F	-0.16%
BWFG	F	-0.13%
HBCP	B	-0.12%
TZOO	D	-0.12%
SURG	F	-0.09%