SQLV vs. KRE ETF Comparison

Comparison of Legg Mason Small-Cap Quality Value ETF (SQLV) to SPDR S&P Regional Banking ETF (KRE)

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

$44.25

Average Daily Volume

771

Number of Holdings ^*

257

* may have additional holdings in another (foreign) market

KRE

SPDR S&P Regional Banking ETF

KRE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U.S. banking industry. In seeking to track the performance of the S&P Regional Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the regional banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$66.39

Average Daily Volume

14,128,255

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

Performance

Period	SQLV	KRE
30 Days	3.89%	12.56%
60 Days	3.99%	13.70%
90 Days	7.95%	19.39%
12 Months	19.23%	52.25%

14 Overlapping Holdings

Symbol	Grade	Weight in SQLV	Weight in KRE	Overlap
AX	B	0.75%	1.45%	0.75%
CATY	B	0.76%	0.52%	0.52%
EBC	B	0.77%	0.55%	0.55%
HAFC	B	0.66%	0.15%	0.15%
IBOC	B	0.74%	0.47%	0.47%
MBWM	B	0.48%	0.09%	0.09%
MCB	B	0.52%	0.16%	0.16%
MSBI	B	0.44%	0.06%	0.06%
OSBC	A	0.46%	0.13%	0.13%
PFBC	B	0.52%	0.2%	0.2%
PFC	B	0.25%	0.16%	0.16%
STBA	B	0.17%	0.16%	0.16%
THFF	B	0.45%	0.06%	0.06%
WTFC	B	0.55%	1.44%	0.55%

SQLV Overweight 243 Positions Relative to KRE

Symbol	Grade	Weight
BFH	B	1.13%
CALM	A	0.9%
CEIX	B	0.83%
VCTR	B	0.82%
CORT	B	0.82%
PAYO	A	0.81%
IDCC	B	0.78%
CAR	C	0.78%
DXC	C	0.77%
POWL	C	0.75%
TGNA	B	0.75%
SLVM	B	0.75%
FDP	A	0.74%
BKE	B	0.74%
AGX	B	0.72%
LRN	A	0.71%
STRL	B	0.71%
BTU	B	0.7%
SANM	B	0.69%
SKYW	B	0.67%
CCSI	C	0.67%
APAM	B	0.66%
MD	C	0.66%
ALE	A	0.65%
PRG	B	0.65%
PBF	D	0.65%
KFY	B	0.63%
FHI	B	0.63%
WHD	B	0.62%
AMR	C	0.61%
WTTR	A	0.6%
LE	D	0.59%
NMIH	C	0.59%
TDOC	C	0.56%
OMCL	C	0.56%
PRDO	B	0.55%
PAHC	B	0.55%
LGND	C	0.55%
ANDE	F	0.55%
HUBG	A	0.55%
NECB	B	0.54%
CRCT	F	0.54%
WS	B	0.53%
INVA	D	0.53%
ASO	F	0.53%
SCS	B	0.52%
NTGR	B	0.52%
NVST	C	0.52%
NBN	B	0.52%
PRGS	B	0.52%
EEFT	C	0.51%
CNXN	D	0.49%
PBH	A	0.49%
TEX	D	0.49%
ITGR	B	0.49%
BXC	B	0.48%
GIII	F	0.48%
TPC	C	0.48%
MCRI	A	0.47%
FISI	B	0.47%
CIVB	B	0.47%
ADUS	D	0.46%
LMAT	A	0.46%
PLUS	F	0.46%
IRDM	F	0.46%
UNTY	B	0.46%
HAE	C	0.46%
DK	D	0.46%
IOSP	C	0.45%
BELFB	D	0.44%
CTS	C	0.44%
INSW	F	0.44%
AMCX	C	0.43%
RMR	F	0.43%
CVI	D	0.43%
SUPN	B	0.43%
EWCZ	F	0.42%
NTCT	C	0.42%
BHE	B	0.42%
DAKT	B	0.42%
RLGT	B	0.41%
IPGP	D	0.41%
ASTH	F	0.41%
CPRX	C	0.4%
DHIL	A	0.4%
HRMY	F	0.4%
ZD	B	0.4%
YELP	C	0.4%
EBF	F	0.39%
DVAX	C	0.39%
PKBK	B	0.39%
EVBN	B	0.39%
AVNS	F	0.38%
ATKR	D	0.38%
VCYT	B	0.38%
VSH	F	0.38%
WU	F	0.37%
TH	C	0.37%
AMPH	F	0.37%
WKC	C	0.37%
METC	C	0.37%
WOR	F	0.37%
RNGR	A	0.37%
HCKT	B	0.37%
ROCK	D	0.37%
LQDT	B	0.37%
ARRY	F	0.36%
NPK	C	0.36%
OLPX	D	0.36%
SGC	C	0.35%
REX	D	0.35%
HSTM	B	0.34%
TDC	D	0.34%
ATEN	A	0.34%
BSIG	A	0.34%
NX	C	0.33%
RES	D	0.33%
PLAB	C	0.33%
ACIC	B	0.33%
KFRC	D	0.33%
CRI	F	0.33%
DFIN	D	0.33%
PLPC	B	0.33%
JBSS	F	0.33%
CVEO	D	0.32%
EMBC	C	0.32%
FOR	F	0.32%
IART	C	0.31%
SMLR	A	0.31%
GNE	F	0.31%
COHU	D	0.31%
LGTY	B	0.3%
MPX	C	0.3%
MRVI	F	0.3%
MCFT	C	0.3%
RYI	C	0.3%
IRMD	B	0.3%
IMXI	B	0.3%
FLWS	D	0.3%
SPOK	B	0.29%
ACCO	B	0.29%
KRT	B	0.29%
USNA	C	0.29%
CHGG	C	0.29%
OMI	F	0.29%
CASS	B	0.29%
WNC	D	0.29%
JELD	F	0.28%
SIGA	F	0.28%
COLL	F	0.28%
HBB	F	0.28%
WRLD	D	0.27%
PUMP	D	0.27%
CRVL	A	0.27%
PLXS	B	0.27%
VREX	B	0.27%
EE	A	0.27%
CLW	F	0.26%
NVEC	D	0.26%
NATR	B	0.26%
WINA	B	0.26%
ZIP	D	0.26%
ODP	F	0.26%
BTMD	C	0.25%
GIC	F	0.25%
PKE	B	0.25%
CTKB	C	0.25%
ANIP	D	0.25%
UTMD	F	0.24%
MNSB	C	0.24%
HOFT	C	0.24%
RGP	F	0.24%
TZOO	B	0.24%
MED	D	0.24%
ZEUS	C	0.24%
PARR	F	0.24%
ARCH	B	0.23%
TCMD	B	0.23%
CCRN	F	0.23%
ICUI	D	0.23%
EVC	C	0.22%
JILL	D	0.22%
MTUS	D	0.22%
CNS	B	0.22%
PBYI	C	0.21%
IIIN	C	0.21%
PETS	C	0.21%
MPAA	B	0.21%
LCUT	F	0.21%
SSTK	F	0.2%
CMT	F	0.2%
MDXG	B	0.2%
DBRG	F	0.2%
VRA	D	0.2%
OFLX	D	0.2%
PCRX	C	0.2%
ASRT	D	0.2%
STAA	F	0.2%
RCMT	C	0.19%
LFVN	C	0.19%
MYPS	C	0.19%
HBCP	B	0.19%
UVE	A	0.19%
MITK	D	0.19%
IRWD	F	0.18%
HTZ	C	0.18%
VIRC	C	0.18%
INTT	C	0.18%
ZYXI	D	0.18%
TGTX	B	0.18%
VPG	F	0.17%
JAKK	C	0.17%
RCKY	F	0.17%
HSII	B	0.17%
OSUR	F	0.16%
ACDC	C	0.16%
HCI	C	0.16%
BBW	B	0.16%
MGNI	B	0.16%
LXU	C	0.16%
ANGO	C	0.15%
ANIK	D	0.15%
SCSC	B	0.15%
EXTR	C	0.15%
DXLG	D	0.15%
NRC	F	0.15%
CCRD	A	0.15%
TWI	F	0.14%
CSPI	C	0.14%
BOX	B	0.14%
HWKN	B	0.14%
BLBD	F	0.13%
IMMR	F	0.13%
SD	D	0.13%
POWW	F	0.13%
CNMD	C	0.13%
THRY	F	0.12%
CVGI	F	0.12%
PAYS	F	0.12%
YOU	D	0.12%
LTRX	F	0.11%
SURG	F	0.1%
IPW	F	0.06%

SQLV Underweight 126 Positions Relative to KRE

Symbol	Grade	Weight
MTB	A	-5.01%
HBAN	B	-4.87%
RF	A	-4.72%
CFG	B	-4.57%
TFC	B	-4.4%
FHN	B	-3.88%
ZION	B	-3.08%
WBS	A	-2.45%
SNV	B	-2.3%
OZK	B	-2.28%
WAL	B	-2.26%
EWBC	A	-2.09%
COLB	B	-1.86%
CFR	B	-1.86%
SSB	B	-1.59%
PNFP	B	-1.58%
VLY	B	-1.5%
CADE	B	-1.48%
UMBF	B	-1.34%
PB	B	-1.31%
ONB	B	-1.16%
FNB	B	-1.15%
CBSH	B	-1.14%
BPOP	C	-1.1%
ASB	B	-1.05%
TBBK	B	-0.95%
BANC	B	-0.93%
HWC	B	-0.89%
FULT	B	-0.86%
TCBI	B	-0.86%
GBCI	B	-0.85%
BKU	A	-0.84%
HOMB	B	-0.79%
FFIN	B	-0.78%
CUBI	C	-0.77%
BOH	B	-0.75%
FBP	B	-0.69%
ABCB	B	-0.65%
UBSI	B	-0.62%
FIBK	A	-0.59%
AUB	B	-0.55%
PFS	B	-0.54%
CVBF	A	-0.54%
CBU	B	-0.53%
INDB	B	-0.52%
BOKF	B	-0.5%
SFBS	B	-0.48%
UCB	A	-0.48%
FHB	B	-0.47%
WAFD	B	-0.45%
RNST	B	-0.44%
WSFS	B	-0.43%
PPBI	B	-0.42%
HTLF	B	-0.42%
TFIN	B	-0.42%
IBTX	B	-0.41%
BANR	B	-0.4%
SBCF	B	-0.39%
CASH	B	-0.38%
NBHC	B	-0.36%
SFNC	B	-0.34%
TRMK	B	-0.33%
FFBC	B	-0.33%
HTH	C	-0.31%
FRME	B	-0.3%
SASR	B	-0.3%
OFG	B	-0.29%
VBTX	B	-0.28%
PRK	B	-0.28%
NWBI	B	-0.28%
FCF	B	-0.28%
HOPE	B	-0.27%
BHLB	B	-0.26%
EGBN	B	-0.25%
NBTB	B	-0.25%
WSBC	B	-0.24%
TOWN	B	-0.24%
LKFN	B	-0.24%
BANF	B	-0.24%
FBMS	B	-0.23%
LOB	C	-0.22%
EFSC	B	-0.21%
FBK	B	-0.21%
CHCO	B	-0.2%
FBNC	B	-0.2%
WABC	B	-0.19%
OCFC	B	-0.19%
BRKL	B	-0.19%
DCOM	A	-0.19%
QCRH	B	-0.18%
CPF	B	-0.15%
TCBK	B	-0.15%
AMAL	B	-0.15%
SYBT	B	-0.15%
CFFN	B	-0.15%
FFWM	C	-0.14%
HFWA	B	-0.14%
BUSE	B	-0.14%
SRCE	B	-0.14%
NIC	B	-0.13%
PEBO	B	-0.13%
CFB	B	-0.13%
HTBK	B	-0.13%
NFBK	B	-0.13%
BY	B	-0.13%
CNOB	B	-0.12%
IBCP	B	-0.12%
TMP	B	-0.12%
CCB	A	-0.11%
KRNY	B	-0.11%
TFSL	B	-0.11%
SBSI	B	-0.11%
HIFS	B	-0.1%
OBK	B	-0.1%
WASH	B	-0.1%
PGC	A	-0.1%
FFIC	B	-0.09%
AMTB	B	-0.09%
UVSP	B	-0.08%
CTBI	B	-0.08%
TRST	B	-0.08%
HBNC	B	-0.07%
CAC	B	-0.06%
GSBC	B	-0.05%
CLBK	C	-0.04%
HONE	B	-0.04%