SMLV vs. SQLV ETF Comparison

Comparison of SPDR Russell 2000 Low Volatility (SMLV) to Legg Mason Small-Cap Quality Value ETF (SQLV)

SMLV

SPDR Russell 2000 Low Volatility

SMLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$110.27

Average Daily Volume

4,828

Number of Holdings ^*

413

* 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	SMLV	SQLV
30 Days	1.97%	-1.85%
60 Days	0.72%	-2.88%
90 Days	4.97%	0.32%
12 Months	14.67%	17.69%

66 Overlapping Holdings

Symbol	Grade	Weight in SMLV	Weight in SQLV	Overlap
ADUS	A	0.09%	0.41%	0.09%
AGX	A	0.19%	0.48%	0.19%
AMPH	F	0.05%	0.38%	0.05%
AMSWA	F	0.07%	0.29%	0.07%
ANIK	A	0.05%	0.28%	0.05%
ANIP	C	0.05%	0.32%	0.05%
ARCH	D	0.08%	0.7%	0.08%
ATEN	B	0.06%	0.36%	0.06%
AVNS	D	0.06%	0.43%	0.06%
BOX	F	0.06%	0.34%	0.06%
CALM	D	0.12%	0.64%	0.12%
CASS	D	0.11%	0.32%	0.11%
CORT	D	0.04%	0.41%	0.04%
CRI	F	0.08%	0.5%	0.08%
CTS	A	0.08%	0.43%	0.08%
DHIL	C	0.34%	0.41%	0.34%
EBF	C	0.28%	0.42%	0.28%
HAE	A	0.07%	0.53%	0.07%
HBCP	B	0.2%	0.12%	0.12%
HCKT	D	0.1%	0.29%	0.1%
HRMY	C	0.04%	0.42%	0.04%
HSTM	B	0.14%	0.32%	0.14%
HWKN	A	0.09%	0.42%	0.09%
IART	F	0.07%	0.41%	0.07%
IBOC	A	1.05%	0.69%	0.69%
INVA	B	0.1%	0.46%	0.1%
IRDM	D	0.07%	0.55%	0.07%
IRMD	D	0.05%	0.27%	0.05%
IRWD	F	0.06%	0.38%	0.06%
ITGR	D	0.08%	0.45%	0.08%
JBSS	D	0.14%	0.45%	0.14%
KFRC	F	0.09%	0.41%	0.09%
LMAT	A	0.08%	0.34%	0.08%
MCBC	A	0.3%	0.49%	0.3%
NATR	C	0.07%	0.35%	0.07%
NPK	A	0.22%	0.46%	0.22%
NRC	D	0.07%	0.3%	0.07%
NTCT	F	0.11%	0.42%	0.11%
NVEC	F	0.07%	0.29%	0.07%
NVST	F	0.06%	0.57%	0.06%
OMCL	C	0.06%	0.48%	0.06%
PAHC	B	0.08%	0.51%	0.08%
PBH	D	0.16%	0.49%	0.16%
PCRX	F	0.06%	0.38%	0.06%
PKE	F	0.15%	0.28%	0.15%
PLUS	C	0.07%	0.42%	0.07%
PRDO	B	0.07%	0.61%	0.07%
PRGS	D	0.1%	0.44%	0.1%
RGP	F	0.13%	0.34%	0.13%
RLGT	F	0.08%	0.33%	0.08%
RNGR	F	0.09%	0.28%	0.09%
SANM	B	0.07%	0.6%	0.07%
SPFI	B	0.25%	0.35%	0.25%
SPOK	F	0.08%	0.28%	0.08%
STBA	B	0.81%	0.54%	0.54%
SUPN	D	0.07%	0.39%	0.07%
TGNA	D	0.12%	0.66%	0.12%
THFF	B	0.33%	0.39%	0.33%
USNA	F	0.05%	0.38%	0.05%
UTMD	D	0.15%	0.27%	0.15%
VPG	D	0.09%	0.29%	0.09%
VREX	F	0.05%	0.36%	0.05%
VSH	C	0.08%	0.6%	0.08%
WINA	C	0.1%	0.39%	0.1%
ZD	F	0.06%	0.43%	0.06%
ZIP	F	0.04%	0.3%	0.04%

SMLV Overweight 347 Positions Relative to SQLV

Symbol	Grade	Weight
NNI	B	1.65%
THG	A	1.62%
PJT	C	1.4%
ONB	A	1.34%
CBU	B	1.31%
ESGR	C	1.26%
CHCO	B	1.21%
PRK	A	1.21%
HMN	A	1.21%
NBTB	B	1.19%
MGRC	D	1.16%
VIRT	B	1.14%
WU	C	1.12%
FFIN	C	1.05%
NWBI	C	1.05%
GCMG	A	1.01%
BUSE	B	1.0%
NBHC	C	0.98%
WABC	B	0.98%
TOWN	B	0.98%
CNO	B	0.97%
FULT	A	0.97%
TRMK	B	0.96%
AGM	C	0.94%
SAFT	C	0.91%
RDN	C	0.9%
FCF	B	0.9%
HOMB	B	0.9%
EVTC	F	0.88%
EIG	D	0.87%
BLX	A	0.87%
SYBT	B	0.85%
EFSC	C	0.85%
WAFD	B	0.85%
PAX	F	0.84%
WSBC	D	0.84%
NIC	D	0.83%
GBCI	C	0.82%
LKFN	D	0.81%
PEBO	B	0.8%
CVII	A	0.78%
EQC	B	0.75%
SASR	C	0.74%
SFNC	D	0.74%
GABC	D	0.73%
QCRH	C	0.73%
SRCE	B	0.71%
AMSF	D	0.69%
OBK	B	0.69%
SBSI	D	0.63%
LBAI	B	0.61%
CTBI	B	0.59%
BRKL	D	0.58%
BFC	C	0.57%
FBMS	D	0.55%
TRIN	B	0.54%
FMBH	B	0.53%
NFG	A	0.52%
UVSP	B	0.5%
HFWA	B	0.49%
CFFN	D	0.48%
TMP	F	0.47%
ALCC	B	0.47%
FCBC	B	0.42%
TRST	B	0.4%
GSBC	B	0.38%
CATC	B	0.38%
FLO	B	0.37%
FMNB	D	0.35%
SLAM	A	0.35%
CAC	C	0.34%
MCBS	B	0.34%
HONE	B	0.33%
BHB	B	0.31%
AROW	D	0.31%
CCNE	C	0.31%
HTBI	B	0.3%
ALRS	D	0.3%
CCBG	D	0.29%
BHRB	F	0.28%
SMMF	B	0.27%
NFBK	F	0.27%
IDA	B	0.26%
ESQ	B	0.26%
NWE	B	0.25%
KRNY	F	0.25%
GLRE	B	0.25%
SMBK	C	0.24%
SBR	C	0.24%
ARTNA	C	0.24%
MPB	B	0.24%
PNM	C	0.23%
NWN	B	0.22%
SR	B	0.22%
BSRR	B	0.22%
HIFS	C	0.22%
AIRC	A	0.22%
BKH	B	0.22%
FBIZ	C	0.21%
PFIS	F	0.21%
CPK	B	0.21%
PECO	D	0.21%
ORRF	B	0.21%
MGEE	B	0.21%
ACNB	F	0.21%
FMAO	B	0.21%
SLGN	B	0.21%
WTBA	D	0.2%
GNTY	C	0.2%
FSBC	D	0.2%
BWB	B	0.2%
CZNC	D	0.2%
PSTL	C	0.19%
TRC	D	0.19%
EBTC	D	0.19%
GPOR	B	0.19%
DEA	B	0.18%
VLGEA	A	0.18%
GTY	B	0.18%
SXT	A	0.18%
NHC	C	0.18%
FSBW	F	0.17%
FRST	D	0.17%
FNLC	D	0.17%
TRS	B	0.17%
CTO	B	0.16%
FLIC	F	0.16%
FELE	D	0.16%
WERN	D	0.15%
AFCG	B	0.15%
NTST	C	0.15%
ICFI	C	0.15%
CHCT	F	0.15%
SCL	C	0.15%
WSBF	B	0.15%
BMI	A	0.14%
CSWI	A	0.14%
UNF	D	0.14%
LTC	A	0.14%
BRC	B	0.14%
COLM	B	0.14%
HTLD	F	0.14%
SMP	D	0.14%
LXP	D	0.14%
EXPO	B	0.14%
CBNK	D	0.14%
CSR	A	0.14%
HCC	B	0.14%
JJSF	C	0.14%
MRTN	D	0.13%
WEN	B	0.13%
BCAL	F	0.13%
GATX	C	0.13%
BNL	B	0.13%
PINC	F	0.13%
CSGS	F	0.13%
ASH	A	0.13%
GEF	D	0.13%
CBZ	C	0.13%
TNC	D	0.12%
PLXS	B	0.12%
ACA	A	0.12%
NHI	A	0.12%
NOMD	D	0.12%
OSIS	D	0.12%
GOOD	B	0.12%
FCPT	B	0.12%
GENC	B	0.12%
FSS	B	0.12%
ESE	B	0.11%
HUBG	C	0.11%
MSGS	B	0.11%
HNI	B	0.11%
ALG	D	0.11%
SNDR	D	0.11%
GRC	F	0.11%
KREF	F	0.11%
SXC	D	0.11%
ARKO	F	0.11%
LNN	C	0.11%
VAL	C	0.11%
AROC	B	0.11%
CTRE	B	0.11%
UHT	D	0.11%
CUZ	B	0.1%
JBGS	F	0.1%
PCH	D	0.1%
CMPO	B	0.1%
DK	D	0.1%
AHH	B	0.1%
RUSHA	D	0.1%
CCOI	F	0.1%
KW	C	0.1%
WDFC	D	0.1%
VMI	B	0.1%
UFPT	B	0.1%
DRQ	F	0.1%
CVLT	A	0.1%
MWA	B	0.1%
ROAD	C	0.1%
IOSP	C	0.1%
BLKB	B	0.1%
MLR	A	0.1%
BFS	D	0.1%
PBT	F	0.1%
CRC	D	0.1%
HIW	B	0.1%
GHC	C	0.1%
ECVT	F	0.09%
GPRK	B	0.09%
MYRG	D	0.09%
NCNO	C	0.09%
PSMT	A	0.09%
APLE	F	0.09%
AVT	A	0.09%
MTX	A	0.09%
BHE	A	0.09%
MOG.A	A	0.09%
FPI	B	0.09%
DORM	D	0.09%
RGR	C	0.09%
TRNS	A	0.09%
SXI	D	0.09%
SFL	A	0.09%
GMRE	D	0.09%
MGIC	B	0.09%
IRT	B	0.09%
DEI	B	0.09%
PRGO	D	0.09%
CABO	F	0.08%
EPAC	A	0.08%
LAUR	A	0.08%
BBSI	B	0.08%
JBI	D	0.08%
HUN	C	0.08%
ABM	B	0.08%
PRIM	B	0.08%
LILAK	B	0.08%
ENS	B	0.08%
FTDR	B	0.08%
HOLI	D	0.08%
AZZ	C	0.08%
MEI	F	0.08%
RDWR	D	0.08%
CMCO	B	0.08%
STRA	A	0.08%
KAI	D	0.08%
CNNE	D	0.08%
APOG	A	0.08%
CENT	D	0.08%
PLOW	D	0.08%
FORR	F	0.08%
HSII	D	0.08%
SRCL	D	0.08%
LOPE	B	0.08%
DNB	D	0.08%
CACC	D	0.08%
VIAV	F	0.07%
MRCY	C	0.07%
ICUI	D	0.07%
MNRO	F	0.07%
HI	D	0.07%
SQSP	B	0.07%
JBT	F	0.07%
AIN	D	0.07%
MATW	D	0.07%
PDCO	D	0.07%
ITRN	C	0.07%
SHOO	D	0.07%
JOUT	F	0.07%
FUL	C	0.07%
WEYS	D	0.07%
SPNS	B	0.07%
AMN	D	0.07%
FSTR	C	0.07%
KN	B	0.07%
ENV	B	0.07%
HURN	F	0.07%
LZB	D	0.07%
ACIW	A	0.07%
MODN	B	0.07%
USPH	C	0.06%
HELE	F	0.06%
SPB	C	0.06%
MMSI	B	0.06%
VECO	B	0.06%
SCSC	B	0.06%
AAP	D	0.06%
VRNT	B	0.06%
AMED	D	0.06%
GPI	B	0.06%
IPGP	D	0.06%
SATS	B	0.06%
MTRN	F	0.06%
ETD	D	0.06%
OXM	B	0.06%
WK	F	0.06%
TPH	A	0.06%
CNXC	D	0.06%
SCHL	F	0.06%
MLAB	B	0.06%
POWI	D	0.06%
BL	D	0.06%
ASGN	D	0.06%
LIVN	B	0.06%
CVCO	C	0.06%
LEG	F	0.06%
GLDD	C	0.06%
ATNI	F	0.06%
TTMI	B	0.06%
PZZA	F	0.06%
HLF	C	0.05%
SHEN	F	0.05%
CNMD	F	0.05%
ALRM	D	0.05%
CEVA	F	0.05%
ADMA	A	0.05%
CBRL	F	0.05%
IBEX	F	0.05%
TTGT	F	0.05%
OFIX	D	0.05%
BOWL	F	0.05%
ARCO	D	0.05%
SEM	A	0.05%
ALKS	F	0.05%
XNCR	B	0.05%
CSV	C	0.05%
THRM	F	0.05%
AEIS	D	0.05%
FORM	A	0.05%
KIDS	B	0.05%
ATEX	F	0.05%
SRDX	C	0.04%
INSM	D	0.04%
NEOG	F	0.04%
TBPH	C	0.04%
NARI	D	0.04%
PTCT	B	0.04%
GKOS	B	0.04%
RDNT	A	0.04%
AGIO	B	0.04%
OGN	B	0.04%
ACAD	F	0.03%
AZTA	D	0.03%
RARE	F	0.03%
ATRC	F	0.03%
IMTX	D	0.03%

SMLV Underweight 166 Positions Relative to SQLV

Symbol	Grade	Weight
NYCB	D	-0.88%
CVI	F	-0.78%
WIRE	B	-0.75%
ANDE	B	-0.75%
VCTR	A	-0.74%
DXC	F	-0.73%
CAR	D	-0.69%
ALE	B	-0.69%
INSW	A	-0.68%
BKE	D	-0.68%
APAM	D	-0.67%
BTU	F	-0.65%
OMI	F	-0.63%
SLVM	A	-0.63%
CRCT	C	-0.62%
CEIX	D	-0.62%
TEX	C	-0.61%
ODP	C	-0.61%
XRX	F	-0.61%
CATY	D	-0.6%
WOR	D	-0.6%
EVC	D	-0.6%
HLNE	B	-0.6%
AX	B	-0.59%
LE	B	-0.58%
FHI	D	-0.57%
KFY	D	-0.57%
NMIH	A	-0.57%
CNS	D	-0.55%
CCSI	F	-0.54%
LRN	A	-0.54%
WHD	B	-0.54%
SCS	C	-0.53%
PARR	F	-0.52%
RMR	B	-0.52%
PRG	B	-0.52%
MRVI	B	-0.52%
PFC	B	-0.51%
CLW	B	-0.5%
GIII	D	-0.5%
IDCC	B	-0.49%
PFBC	A	-0.49%
TDC	F	-0.49%
VGR	D	-0.49%
REX	B	-0.48%
TH	C	-0.48%
YELP	C	-0.48%
HAFC	C	-0.47%
LXU	C	-0.47%
CNXN	D	-0.46%
BXC	D	-0.46%
WTTR	B	-0.45%
MD	F	-0.45%
MSBI	D	-0.44%
MCRI	D	-0.44%
RYI	F	-0.44%
ACDC	F	-0.44%
HTZ	F	-0.44%
ZEUS	F	-0.43%
STRL	B	-0.43%
SD	D	-0.43%
AMK	D	-0.43%
ROCK	D	-0.42%
NX	D	-0.42%
MBWM	B	-0.42%
PLAB	C	-0.42%
THRY	C	-0.42%
BBW	B	-0.42%
ASTH	D	-0.41%
QUAD	F	-0.41%
RES	F	-0.41%
IIIN	D	-0.41%
PTSI	C	-0.4%
EXTR	F	-0.4%
POWL	B	-0.4%
CCRN	F	-0.4%
YOU	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%
SSTK	F	-0.39%
WNC	F	-0.39%
MCB	B	-0.39%
LGND	D	-0.38%
DFIN	B	-0.38%
UIS	B	-0.38%
MPX	B	-0.38%
COLL	D	-0.38%
MED	F	-0.37%
BELFB	B	-0.37%
STAA	B	-0.37%
FWRD	F	-0.36%
GIC	F	-0.36%
FLWS	F	-0.36%
SWIM	D	-0.36%
CVEO	D	-0.35%
FISI	D	-0.35%
TWI	F	-0.35%
OSG	B	-0.35%
CRVL	C	-0.35%
SGH	F	-0.34%
MGNI	D	-0.34%
PLPC	D	-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%
CVGI	F	-0.32%
NBN	B	-0.32%
IMXI	F	-0.32%
MCFT	F	-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%
BTMD	D	-0.3%
MYPS	F	-0.3%
NTGR	F	-0.29%
OFLX	F	-0.29%
PETS	F	-0.29%
ACIC	D	-0.29%
POWW	D	-0.29%
BSIG	D	-0.29%
TRDA	D	-0.28%
ASRT	D	-0.28%
DXLG	F	-0.28%
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%
TZOO	D	-0.12%
SURG	F	-0.09%

SMLV: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology Software - Application Diversified Industrials Business Services Medical Instruments & Supplies Savings & Cooperative Banks Medical Devices REIT - Diversified Software - Infrastructure Specialty Chemicals Telecom Services Auto Parts Drug Manufacturers - Specialty & Generic Electronic Components Packaged Foods REIT - Healthcare Facilities Communication Equipment Diagnostics & Research Education & Training Services