SQLV vs. AFSM ETF Comparison

Comparison of Legg Mason Small-Cap Quality Value ETF (SQLV) to Active Factor Small Cap ETF (AFSM)

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

$45.07

Average Daily Volume

771

Number of Holdings ^*

257

* may have additional holdings in another (foreign) market

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.64

Average Daily Volume

15,693

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

Performance

Period	SQLV	AFSM
30 Days	8.72%	7.72%
60 Days	8.14%	6.49%
90 Days	8.02%	6.95%
12 Months	22.85%	33.58%

95 Overlapping Holdings

Symbol	Grade	Weight in SQLV	Weight in AFSM	Overlap
ADUS	D	0.45%	0.4%	0.4%
AGX	B	0.71%	0.25%	0.25%
AMCX	C	0.5%	0.11%	0.11%
AMPH	D	0.35%	0.05%	0.05%
AMR	C	0.65%	0.42%	0.42%
ANDE	D	0.58%	0.05%	0.05%
ANIP	F	0.24%	0.35%	0.24%
APAM	B	0.69%	0.06%	0.06%
ASO	F	0.5%	0.26%	0.26%
ASTH	D	0.41%	0.1%	0.1%
ATEN	B	0.35%	0.05%	0.05%
ATKR	C	0.35%	0.31%	0.31%
AVNS	F	0.35%	0.24%	0.24%
BELFB	C	0.43%	0.51%	0.43%
BHE	B	0.41%	0.28%	0.28%
BKE	B	0.76%	0.3%	0.3%
BLBD	D	0.13%	0.36%	0.13%
BTU	B	0.72%	0.55%	0.55%
BXC	B	0.49%	0.55%	0.49%
CALM	A	0.94%	0.78%	0.78%
CCRN	F	0.22%	0.26%	0.22%
CEIX	A	0.86%	0.68%	0.68%
CLW	F	0.26%	0.12%	0.12%
CNXN	C	0.49%	0.35%	0.35%
COLL	F	0.28%	0.04%	0.04%
CORT	B	0.82%	0.57%	0.57%
CPRX	C	0.38%	0.88%	0.38%
CRVL	A	0.27%	0.63%	0.27%
CTS	C	0.42%	0.05%	0.05%
DAKT	B	0.42%	0.85%	0.42%
DFIN	D	0.33%	0.45%	0.33%
DXC	B	0.74%	0.29%	0.29%
EMBC	C	0.29%	0.03%	0.03%
EXTR	B	0.14%	0.2%	0.14%
FDP	B	0.76%	0.63%	0.63%
GIII	D	0.46%	0.25%	0.25%
HAE	C	0.44%	0.22%	0.22%
HCI	C	0.15%	0.26%	0.15%
HRMY	D	0.39%	0.35%	0.35%
HSII	B	0.17%	0.63%	0.17%
HUBG	A	0.58%	0.29%	0.29%
HWKN	B	0.15%	0.64%	0.15%
IBOC	A	0.74%	0.31%	0.31%
IDCC	A	0.78%	1.19%	0.78%
INSW	F	0.46%	0.21%	0.21%
INVA	D	0.52%	0.11%	0.11%
LGND	B	0.52%	0.39%	0.39%
LMAT	A	0.47%	0.24%	0.24%
LRN	A	0.74%	0.38%	0.38%
MD	B	0.64%	0.34%	0.34%
MED	F	0.23%	0.23%	0.23%
METC	C	0.4%	0.15%	0.15%
MITK	C	0.19%	0.0%	0.0%
MRVI	F	0.26%	0.12%	0.12%
NECB	B	0.53%	0.14%	0.14%
NMIH	D	0.6%	0.58%	0.58%
NTCT	C	0.4%	0.23%	0.23%
NVST	B	0.53%	0.17%	0.17%
NX	C	0.33%	0.21%	0.21%
ODP	F	0.28%	0.3%	0.28%
OMI	F	0.28%	0.05%	0.05%
PBF	D	0.72%	0.34%	0.34%
PCRX	C	0.21%	0.13%	0.13%
PFBC	B	0.53%	0.88%	0.53%
PLAB	C	0.33%	0.42%	0.33%
PLUS	F	0.4%	0.51%	0.4%
POWL	C	0.59%	0.55%	0.55%
PRDO	B	0.6%	0.51%	0.51%
PRG	C	0.66%	0.26%	0.26%
PRGS	A	0.53%	0.39%	0.39%
RMR	F	0.42%	0.4%	0.4%
RYI	C	0.3%	0.03%	0.03%
SANM	B	0.68%	0.65%	0.65%
SCS	C	0.51%	0.31%	0.31%
SCSC	B	0.15%	0.15%	0.15%
SD	D	0.14%	0.17%	0.14%
SIGA	F	0.25%	0.18%	0.18%
SKYW	B	0.68%	1.22%	0.68%
SLVM	B	0.77%	0.62%	0.62%
STBA	B	0.17%	0.54%	0.17%
STRL	B	0.73%	0.86%	0.73%
SUPN	C	0.42%	0.58%	0.42%
TCMD	A	0.23%	0.3%	0.23%
TDC	D	0.36%	0.04%	0.04%
TEX	D	0.5%	0.46%	0.46%
TGNA	B	0.76%	0.56%	0.56%
TGTX	B	0.19%	0.18%	0.18%
THFF	B	0.45%	0.29%	0.29%
TPC	C	0.49%	0.18%	0.18%
TWI	F	0.13%	0.28%	0.13%
UVE	B	0.2%	0.72%	0.2%
VCTR	B	0.87%	0.21%	0.21%
VSH	D	0.36%	0.15%	0.15%
WNC	C	0.28%	0.37%	0.28%
YOU	D	0.13%	0.37%	0.13%

SQLV Overweight 162 Positions Relative to AFSM

Symbol	Grade	Weight
BFH	B	1.14%
PAYO	A	0.86%
CAR	C	0.81%
EBC	B	0.78%
CATY	B	0.77%
AX	A	0.74%
ALE	A	0.67%
HAFC	A	0.67%
CCSI	C	0.65%
FHI	A	0.64%
WHD	B	0.63%
WTTR	B	0.63%
KFY	B	0.63%
WTFC	A	0.56%
LE	D	0.55%
TDOC	C	0.54%
EEFT	B	0.53%
PAHC	C	0.53%
NTGR	B	0.53%
WS	B	0.53%
MCB	B	0.52%
CRCT	F	0.51%
NBN	B	0.51%
PBH	A	0.51%
ITGR	B	0.5%
OMCL	C	0.5%
MBWM	B	0.48%
MCRI	A	0.48%
DK	C	0.47%
OSBC	A	0.47%
UNTY	B	0.46%
CIVB	B	0.46%
FISI	A	0.46%
IRDM	D	0.45%
CVI	F	0.45%
IOSP	B	0.45%
MSBI	B	0.44%
RLGT	A	0.42%
RNGR	B	0.42%
ZD	C	0.41%
DHIL	A	0.41%
IPGP	D	0.4%
PKBK	A	0.4%
VCYT	B	0.4%
OLPX	D	0.4%
EVBN	B	0.39%
YELP	C	0.39%
EBF	F	0.38%
LQDT	B	0.38%
WKC	D	0.38%
WU	D	0.38%
HCKT	B	0.37%
NPK	B	0.37%
BSIG	A	0.36%
WOR	F	0.36%
SMLR	B	0.36%
ARRY	C	0.36%
DVAX	C	0.36%
ROCK	C	0.36%
REX	D	0.35%
SGC	C	0.35%
HSTM	B	0.34%
RES	D	0.34%
KFRC	D	0.33%
FOR	F	0.33%
ACIC	B	0.33%
PLPC	B	0.33%
JBSS	D	0.33%
TH	C	0.33%
CRI	D	0.33%
VREX	C	0.31%
IMXI	B	0.31%
COHU	C	0.31%
GNE	D	0.31%
CVEO	F	0.31%
MPX	B	0.3%
EWCZ	F	0.3%
MCFT	B	0.3%
EE	A	0.3%
IRMD	C	0.29%
CASS	B	0.29%
USNA	C	0.29%
CHGG	D	0.29%
IART	C	0.29%
PLXS	B	0.28%
HBB	F	0.28%
KRT	A	0.28%
SPOK	C	0.28%
BTMD	C	0.28%
LGTY	D	0.28%
FLWS	F	0.27%
PUMP	B	0.27%
JELD	F	0.27%
ACCO	C	0.27%
PARR	D	0.26%
PKE	B	0.26%
WINA	B	0.26%
NATR	C	0.26%
WRLD	C	0.26%
ZEUS	C	0.25%
MDXG	B	0.25%
MNSB	C	0.25%
GIC	D	0.25%
NVEC	C	0.25%
ASRT	F	0.24%
TZOO	A	0.24%
HOFT	C	0.24%
ARCH	B	0.24%
PFC	A	0.24%
CTKB	C	0.23%
ICUI	D	0.23%
UTMD	F	0.23%
RGP	F	0.23%
ZIP	F	0.23%
MPAA	C	0.22%
IIIN	C	0.22%
CNS	B	0.22%
LCUT	F	0.21%
JILL	C	0.21%
MTUS	C	0.21%
EVC	C	0.21%
PETS	C	0.2%
SSTK	F	0.2%
VRA	F	0.2%
MYPS	C	0.2%
HTZ	C	0.19%
PBYI	C	0.19%
HBCP	B	0.19%
STAA	F	0.19%
OFLX	D	0.19%
DBRG	F	0.19%
CMT	D	0.19%
VIRC	B	0.18%
INTT	C	0.18%
LFVN	B	0.18%
JAKK	C	0.17%
RCKY	F	0.17%
VPG	D	0.17%
CCRD	A	0.17%
ZYXI	D	0.17%
CSPI	C	0.16%
RCMT	C	0.16%
BBW	B	0.16%
ACDC	C	0.16%
MGNI	A	0.16%
LXU	B	0.16%
NRC	F	0.15%
IRWD	F	0.15%
OSUR	F	0.15%
ANIK	F	0.15%
LTRX	F	0.14%
BOX	B	0.14%
ANGO	D	0.14%
POWW	F	0.13%
IMMR	C	0.13%
DXLG	F	0.13%
CNMD	C	0.13%
PAYS	F	0.11%
THRY	F	0.11%
CVGI	F	0.11%
SURG	D	0.09%
IPW	F	0.03%

SQLV Underweight 200 Positions Relative to AFSM

Symbol	Grade	Weight
MLI	C	-1.38%
NHC	C	-1.15%
SFM	A	-1.03%
CRS	A	-0.93%
ALKS	B	-0.91%
ANF	C	-0.84%
FIX	A	-0.84%
EME	C	-0.82%
CVLT	B	-0.77%
MTG	C	-0.76%
MHO	D	-0.76%
JXN	C	-0.72%
BCC	B	-0.72%
RDN	C	-0.72%
TMHC	B	-0.7%
AROC	B	-0.69%
TBBK	B	-0.69%
MCY	A	-0.67%
REZI	A	-0.66%
SLG	B	-0.65%
GMED	A	-0.65%
COOP	B	-0.64%
BMI	B	-0.63%
GMS	B	-0.6%
PRK	B	-0.59%
NTB	B	-0.59%
NHI	D	-0.57%
GEO	B	-0.57%
BRBR	A	-0.57%
EGBN	B	-0.56%
HALO	F	-0.55%
WT	B	-0.55%
UFPT	B	-0.55%
ZETA	D	-0.54%
MUSA	A	-0.54%
CVNA	B	-0.54%
COKE	C	-0.54%
OFG	B	-0.54%
CHCO	B	-0.54%
APPF	B	-0.51%
ACT	D	-0.51%
KBH	D	-0.51%
DOLE	D	-0.5%
DDS	B	-0.5%
AMWD	C	-0.5%
PI	D	-0.49%
PINC	B	-0.47%
LNTH	D	-0.47%
CSWI	A	-0.47%
USLM	A	-0.44%
HRB	D	-0.43%
QTWO	A	-0.42%
HIMS	B	-0.42%
WFRD	D	-0.4%
SIG	B	-0.39%
IESC	B	-0.39%
TILE	B	-0.39%
BDC	B	-0.39%
EVER	F	-0.39%
INMD	C	-0.38%
VRNT	C	-0.38%
RDNT	B	-0.37%
IIPR	D	-0.37%
LOPE	B	-0.36%
CASH	A	-0.36%
CAL	D	-0.36%
M	D	-0.36%
APOG	B	-0.36%
HIW	D	-0.35%
ESNT	D	-0.35%
BPMC	C	-0.35%
CRAI	B	-0.35%
MATX	C	-0.35%
TRMK	B	-0.34%
MTH	D	-0.34%
MOG.A	B	-0.34%
CMC	B	-0.33%
FBP	B	-0.33%
PFS	B	-0.32%
LPG	F	-0.32%
ATGE	B	-0.32%
CNK	B	-0.32%
PDM	D	-0.32%
YMAB	F	-0.31%
RXST	F	-0.31%
CUZ	B	-0.31%
DNOW	B	-0.3%
VIRT	B	-0.3%
AKR	B	-0.3%
GRBK	D	-0.3%
SBRA	C	-0.29%
PHIN	A	-0.29%
SPNS	F	-0.29%
ADMA	B	-0.28%
BKH	A	-0.28%
BNL	D	-0.28%
HCC	B	-0.28%
CRDO	B	-0.28%
SXC	A	-0.28%
HURN	B	-0.28%
AZZ	B	-0.28%
ITCI	C	-0.27%
BKU	A	-0.27%
INTA	A	-0.26%
VRNS	D	-0.26%
MEDP	D	-0.25%
GNK	D	-0.25%
ABG	B	-0.25%
PIPR	B	-0.25%
PRM	C	-0.25%
HDSN	F	-0.24%
PSN	D	-0.24%
HLX	B	-0.23%
SMP	B	-0.22%
IMKTA	C	-0.22%
VNDA	C	-0.22%
NUS	D	-0.22%
KN	B	-0.22%
SBH	C	-0.22%
WABC	B	-0.21%
KRC	C	-0.2%
BLFS	C	-0.2%
ENS	D	-0.2%
PK	B	-0.2%
DHT	F	-0.2%
AMKR	D	-0.2%
CMPR	D	-0.2%
ASC	F	-0.2%
NAVI	C	-0.19%
UCTT	D	-0.19%
SGBX	F	-0.19%
GOGL	F	-0.19%
AXSM	B	-0.19%
TMDX	F	-0.19%
NSSC	D	-0.19%
TARS	B	-0.19%
TNC	D	-0.18%
ONTO	D	-0.18%
HOV	D	-0.17%
HY	D	-0.17%
ASGN	F	-0.17%
XRX	F	-0.16%
STNG	F	-0.16%
ADNT	F	-0.16%
GES	F	-0.15%
BRC	D	-0.15%
SCVL	F	-0.14%
AIT	A	-0.14%
CSGS	B	-0.14%
HROW	D	-0.14%
OSCR	D	-0.14%
CWCO	C	-0.14%
AYI	B	-0.14%
CECO	A	-0.14%
ALRM	C	-0.14%
KELYA	F	-0.14%
EIG	B	-0.13%
MOV	C	-0.13%
ALKT	B	-0.13%
GFF	A	-0.12%
TWST	D	-0.12%
YEXT	A	-0.11%
CHRD	D	-0.11%
MAX	F	-0.1%
RAMP	C	-0.1%
CGEM	F	-0.09%
SPSC	C	-0.09%
MLKN	D	-0.08%
CTRE	D	-0.08%
PEBK	B	-0.08%
KRYS	B	-0.08%
KTB	B	-0.08%
ATLO	D	-0.07%
TPH	D	-0.07%
WGO	C	-0.07%
FTDR	A	-0.06%
GRND	A	-0.06%
KSS	F	-0.06%
JWN	C	-0.06%
OTTR	C	-0.05%
NSIT	F	-0.05%
REVG	B	-0.05%
SWX	B	-0.05%
OGS	A	-0.05%
LBRT	D	-0.04%
AMN	F	-0.04%
PHR	F	-0.04%
FORM	D	-0.04%
ETD	C	-0.04%
HE	C	-0.04%
SEMR	B	-0.04%
EOLS	D	-0.04%
JBI	F	-0.03%
VITL	D	-0.03%
SWI	B	-0.03%
ACLS	F	-0.02%
PGNY	F	-0.02%
ACIW	B	-0.02%
MAIN	A	-0.0%
EPAC	B	-0.0%