SQLV vs. VFMF ETF Comparison

Comparison of Legg Mason Small-Cap Quality Value ETF (SQLV) to Vanguard U.S. Multifactor ETF (VFMF)

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

$44.38

Average Daily Volume

781

Number of Holdings ^*

257

* may have additional holdings in another (foreign) market

VFMF

Vanguard U.S. Multifactor ETF

VFMF Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$137.90

Average Daily Volume

9,517

Number of Holdings ^*

470

* may have additional holdings in another (foreign) market

Performance

Period	SQLV	VFMF
30 Days	6.63%	4.74%
60 Days	6.05%	6.50%
90 Days	6.38%	6.64%
12 Months	20.99%	32.18%

82 Overlapping Holdings

Symbol	Grade	Weight in SQLV	Weight in VFMF	Overlap
ACCO	C	0.29%	0.08%	0.08%
AGX	B	0.72%	0.12%	0.12%
AMR	C	0.61%	0.11%	0.11%
ANDE	D	0.55%	0.34%	0.34%
ASO	F	0.53%	0.24%	0.24%
ATEN	A	0.34%	0.03%	0.03%
ATKR	D	0.38%	0.02%	0.02%
AX	B	0.75%	0.2%	0.2%
BBW	C	0.16%	0.14%	0.14%
BELFB	C	0.44%	0.18%	0.18%
BKE	B	0.74%	0.05%	0.05%
BSIG	A	0.34%	0.03%	0.03%
BTU	B	0.7%	0.05%	0.05%
CALM	A	0.9%	0.28%	0.28%
CATY	B	0.76%	0.06%	0.06%
CCRN	F	0.23%	0.03%	0.03%
CEIX	A	0.83%	0.11%	0.11%
CLW	F	0.26%	0.05%	0.05%
CNXN	C	0.49%	0.14%	0.14%
COLL	F	0.28%	0.46%	0.28%
CPRX	C	0.4%	0.12%	0.12%
CRVL	B	0.27%	0.09%	0.09%
CTS	C	0.44%	0.04%	0.04%
DAKT	C	0.42%	0.14%	0.14%
FDP	B	0.74%	0.08%	0.08%
FLWS	D	0.3%	0.1%	0.1%
GIII	D	0.48%	0.3%	0.3%
HAFC	B	0.66%	0.13%	0.13%
HSII	B	0.17%	0.04%	0.04%
HSTM	B	0.34%	0.08%	0.08%
HWKN	B	0.14%	0.19%	0.14%
IBOC	B	0.74%	0.34%	0.34%
IDCC	B	0.78%	0.07%	0.07%
IMMR	C	0.13%	0.12%	0.12%
INSW	F	0.44%	0.12%	0.12%
JELD	F	0.28%	0.09%	0.09%
JILL	C	0.22%	0.06%	0.06%
KFRC	D	0.33%	0.04%	0.04%
LQDT	B	0.37%	0.05%	0.05%
LRN	A	0.71%	0.1%	0.1%
MBWM	B	0.48%	0.02%	0.02%
MCRI	A	0.47%	0.04%	0.04%
MD	C	0.66%	0.05%	0.05%
MTUS	C	0.22%	0.07%	0.07%
NMIH	C	0.59%	0.31%	0.31%
NTGR	B	0.52%	0.07%	0.07%
NX	C	0.33%	0.05%	0.05%
OMI	F	0.29%	0.16%	0.16%
OSBC	A	0.46%	0.05%	0.05%
OSUR	F	0.16%	0.05%	0.05%
PFBC	B	0.52%	0.25%	0.25%
PLAB	C	0.33%	0.17%	0.17%
PLPC	B	0.33%	0.07%	0.07%
PLUS	F	0.46%	0.18%	0.18%
PRDO	B	0.55%	0.34%	0.34%
PUMP	C	0.27%	0.14%	0.14%
RES	D	0.33%	0.07%	0.07%
REX	D	0.35%	0.11%	0.11%
RGP	F	0.24%	0.02%	0.02%
ROCK	C	0.37%	0.12%	0.12%
SANM	B	0.69%	0.1%	0.1%
SCS	C	0.52%	0.32%	0.32%
SCSC	C	0.15%	0.15%	0.15%
SD	D	0.13%	0.08%	0.08%
SIGA	F	0.28%	0.21%	0.21%
SKYW	B	0.67%	0.17%	0.17%
SLVM	B	0.75%	0.15%	0.15%
SMLR	B	0.31%	0.04%	0.04%
SPOK	B	0.29%	0.13%	0.13%
STBA	B	0.17%	0.16%	0.16%
STRL	A	0.71%	0.07%	0.07%
SUPN	C	0.43%	0.05%	0.05%
TEX	F	0.49%	0.18%	0.18%
TPC	C	0.48%	0.26%	0.26%
VCTR	B	0.82%	0.18%	0.18%
VRA	C	0.2%	0.02%	0.02%
WHD	B	0.62%	0.1%	0.1%
WNC	C	0.29%	0.03%	0.03%
WTTR	A	0.6%	0.23%	0.23%
WU	F	0.37%	0.06%	0.06%
YOU	D	0.12%	0.05%	0.05%
ZEUS	C	0.24%	0.12%	0.12%

SQLV Overweight 175 Positions Relative to VFMF

Symbol	Grade	Weight
BFH	C	1.13%
CORT	B	0.82%
PAYO	A	0.81%
CAR	C	0.78%
DXC	B	0.77%
EBC	B	0.77%
POWL	C	0.75%
TGNA	B	0.75%
CCSI	C	0.67%
APAM	B	0.66%
ALE	A	0.65%
PRG	C	0.65%
PBF	D	0.65%
KFY	B	0.63%
FHI	B	0.63%
LE	D	0.59%
TDOC	C	0.56%
OMCL	C	0.56%
PAHC	C	0.55%
LGND	C	0.55%
WTFC	A	0.55%
HUBG	A	0.55%
NECB	C	0.54%
CRCT	F	0.54%
WS	B	0.53%
INVA	D	0.53%
NVST	B	0.52%
NBN	C	0.52%
MCB	B	0.52%
PRGS	A	0.52%
EEFT	B	0.51%
PBH	A	0.49%
ITGR	B	0.49%
BXC	B	0.48%
FISI	B	0.47%
CIVB	B	0.47%
ADUS	D	0.46%
LMAT	A	0.46%
IRDM	D	0.46%
UNTY	B	0.46%
HAE	C	0.46%
DK	C	0.46%
THFF	B	0.45%
IOSP	C	0.45%
MSBI	B	0.44%
AMCX	C	0.43%
RMR	F	0.43%
CVI	F	0.43%
EWCZ	F	0.42%
NTCT	C	0.42%
BHE	C	0.42%
RLGT	B	0.41%
IPGP	D	0.41%
ASTH	F	0.41%
DHIL	B	0.4%
HRMY	F	0.4%
ZD	B	0.4%
YELP	C	0.4%
EBF	F	0.39%
DVAX	C	0.39%
PKBK	A	0.39%
EVBN	B	0.39%
AVNS	F	0.38%
VCYT	B	0.38%
VSH	F	0.38%
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%
ARRY	F	0.36%
NPK	B	0.36%
OLPX	D	0.36%
SGC	C	0.35%
TDC	D	0.34%
ACIC	B	0.33%
CRI	F	0.33%
DFIN	D	0.33%
JBSS	F	0.33%
CVEO	F	0.32%
EMBC	C	0.32%
FOR	F	0.32%
IART	C	0.31%
GNE	F	0.31%
COHU	C	0.31%
LGTY	C	0.3%
MPX	C	0.3%
MRVI	F	0.3%
MCFT	C	0.3%
RYI	C	0.3%
IRMD	C	0.3%
IMXI	B	0.3%
KRT	B	0.29%
USNA	C	0.29%
CHGG	C	0.29%
CASS	C	0.29%
HBB	F	0.28%
WRLD	C	0.27%
PLXS	B	0.27%
VREX	B	0.27%
EE	A	0.27%
NVEC	B	0.26%
NATR	C	0.26%
WINA	C	0.26%
ZIP	D	0.26%
ODP	F	0.26%
PFC	B	0.25%
BTMD	B	0.25%
GIC	D	0.25%
PKE	B	0.25%
CTKB	C	0.25%
ANIP	F	0.25%
UTMD	F	0.24%
MNSB	C	0.24%
HOFT	B	0.24%
TZOO	A	0.24%
MED	D	0.24%
PARR	F	0.24%
ARCH	B	0.23%
TCMD	B	0.23%
ICUI	D	0.23%
EVC	C	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	C	0.2%
MDXG	B	0.2%
DBRG	F	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	C	0.19%
UVE	B	0.19%
MITK	C	0.19%
IRWD	F	0.18%
HTZ	C	0.18%
VIRC	B	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%
ACDC	B	0.16%
HCI	C	0.16%
MGNI	B	0.16%
LXU	B	0.16%
ANGO	C	0.15%
ANIK	D	0.15%
EXTR	C	0.15%
DXLG	D	0.15%
NRC	F	0.15%
CCRD	B	0.15%
TWI	F	0.14%
CSPI	C	0.14%
BOX	B	0.14%
BLBD	D	0.13%
POWW	F	0.13%
CNMD	C	0.13%
THRY	F	0.12%
CVGI	F	0.12%
PAYS	F	0.12%
LTRX	F	0.11%
SURG	D	0.1%
IPW	F	0.06%

SQLV Underweight 388 Positions Relative to VFMF

Symbol	Grade	Weight
WFC	A	-1.25%
AFL	B	-1.08%
AIG	B	-1.02%
BK	A	-0.98%
ABBV	F	-0.93%
GOOG	C	-0.9%
MMM	D	-0.9%
VLO	C	-0.85%
MPC	D	-0.83%
QCOM	F	-0.82%
HCA	F	-0.82%
AXP	A	-0.82%
META	D	-0.82%
PM	B	-0.81%
MO	A	-0.78%
AMAT	F	-0.78%
WMT	A	-0.78%
T	A	-0.77%
TMUS	B	-0.75%
APO	B	-0.74%
KR	B	-0.73%
PHM	D	-0.72%
JPM	A	-0.72%
MLI	B	-0.71%
MCK	A	-0.71%
MTG	C	-0.71%
SYF	B	-0.71%
HIG	B	-0.7%
BPOP	C	-0.67%
TGT	F	-0.65%
OFG	B	-0.64%
LMT	D	-0.64%
NVDA	B	-0.63%
IBM	C	-0.61%
FANG	C	-0.6%
EWBC	A	-0.59%
KMB	C	-0.59%
CFG	B	-0.57%
FDX	B	-0.54%
CAH	B	-0.53%
COST	A	-0.52%
BKNG	A	-0.52%
VZ	C	-0.52%
KLAC	F	-0.52%
BCC	C	-0.52%
EOG	A	-0.51%
FI	A	-0.51%
CI	D	-0.5%
GOOGL	C	-0.5%
FBP	C	-0.5%
ANET	C	-0.5%
CAT	B	-0.48%
XOM	B	-0.47%
OMF	A	-0.46%
MRK	D	-0.46%
CL	D	-0.46%
ORI	A	-0.45%
HRB	D	-0.45%
GM	C	-0.44%
TT	A	-0.44%
OC	A	-0.44%
GILD	C	-0.43%
AZO	C	-0.43%
TJX	A	-0.42%
SLM	A	-0.41%
CNO	B	-0.4%
PVH	C	-0.39%
FITB	B	-0.39%
AMAL	B	-0.39%
JNJ	C	-0.38%
UTHR	C	-0.37%
UFPI	C	-0.37%
RTX	D	-0.36%
NWS	B	-0.36%
KELYA	F	-0.36%
INGR	C	-0.35%
CBSH	B	-0.34%
EIG	B	-0.34%
CBOE	C	-0.34%
WRB	A	-0.33%
CVX	A	-0.33%
AMG	B	-0.32%
CPF	B	-0.31%
ALSN	B	-0.3%
CASH	B	-0.3%
NTB	B	-0.3%
SIG	B	-0.3%
ACT	C	-0.29%
GFF	A	-0.29%
PRI	B	-0.28%
WSM	C	-0.28%
SRCE	B	-0.28%
UNM	A	-0.28%
TK	D	-0.27%
PSX	C	-0.27%
FCX	F	-0.26%
AYI	B	-0.26%
DHI	F	-0.26%
EAT	A	-0.26%
SKX	D	-0.26%
MHO	D	-0.25%
FCF	B	-0.25%
TOL	B	-0.25%
WSFS	B	-0.24%
PHIN	A	-0.24%
JBL	C	-0.24%
NSIT	F	-0.24%
CPAY	A	-0.23%
STT	B	-0.23%
VIRT	A	-0.23%
MLKN	F	-0.23%
DELL	B	-0.23%
FNF	B	-0.23%
EME	A	-0.22%
M	F	-0.22%
MHK	D	-0.22%
WFRD	D	-0.22%
MBIN	F	-0.22%
COP	C	-0.22%
RDN	D	-0.21%
GNW	A	-0.21%
LPX	B	-0.21%
THO	B	-0.21%
THC	D	-0.2%
EQH	C	-0.2%
CVCO	A	-0.2%
AMKR	D	-0.2%
CAL	F	-0.2%
SPOT	B	-0.2%
AMWD	C	-0.2%
ASC	F	-0.2%
PPC	C	-0.2%
GMS	B	-0.2%
PGR	A	-0.2%
CROX	D	-0.2%
JEF	A	-0.19%
AMRX	C	-0.19%
AHCO	F	-0.19%
RL	C	-0.19%
ATGE	B	-0.19%
HPQ	B	-0.19%
BLD	D	-0.19%
PKG	A	-0.19%
BOKF	B	-0.19%
CRM	B	-0.19%
LEN	C	-0.19%
STNG	F	-0.18%
NVR	D	-0.18%
TILE	B	-0.18%
STLD	B	-0.18%
IMKTA	C	-0.18%
REVG	C	-0.18%
PATK	C	-0.18%
COKE	C	-0.18%
IESC	C	-0.18%
PINC	B	-0.18%
TMHC	C	-0.18%
CNOB	B	-0.18%
BLX	B	-0.18%
HP	C	-0.18%
COOP	B	-0.17%
DLX	B	-0.17%
ALKS	C	-0.17%
CTRA	B	-0.17%
AEO	F	-0.17%
URI	C	-0.17%
MRC	B	-0.17%
AMP	A	-0.17%
AIT	B	-0.17%
NTAP	C	-0.17%
COR	B	-0.17%
AGO	B	-0.17%
WMK	C	-0.16%
BV	C	-0.16%
TBBK	C	-0.16%
R	B	-0.16%
DECK	B	-0.16%
CF	A	-0.16%
IDT	B	-0.16%
CR	A	-0.16%
FIX	A	-0.16%
BG	D	-0.16%
KD	B	-0.16%
DVA	C	-0.16%
BAC	A	-0.16%
GNK	D	-0.16%
KBH	D	-0.16%
SFM	A	-0.16%
PR	B	-0.16%
SXC	A	-0.16%
ASB	B	-0.16%
KEX	B	-0.16%
ESAB	C	-0.15%
CRBG	B	-0.15%
PFGC	B	-0.15%
RMD	C	-0.15%
CHRD	D	-0.15%
KTB	B	-0.15%
DHT	F	-0.15%
CRC	A	-0.15%
PYPL	B	-0.15%
SNA	A	-0.15%
MEDP	D	-0.15%
TNL	A	-0.15%
DKS	F	-0.15%
LDOS	C	-0.15%
CHCO	B	-0.15%
WABC	B	-0.14%
FTI	A	-0.14%
CVLT	B	-0.14%
ETD	C	-0.14%
NR	B	-0.14%
AN	C	-0.14%
ABCB	B	-0.14%
TNK	F	-0.14%
TPR	B	-0.14%
MCY	A	-0.14%
MUSA	B	-0.14%
CMC	B	-0.14%
ENS	F	-0.14%
LNTH	D	-0.14%
PCAR	B	-0.13%
NUE	C	-0.13%
MUR	D	-0.13%
VNT	C	-0.13%
HBI	B	-0.13%
EXPE	B	-0.13%
HCC	B	-0.13%
SM	B	-0.13%
TPH	D	-0.13%
NMRK	C	-0.13%
DNOW	B	-0.12%
RCL	A	-0.12%
PTGX	D	-0.12%
KNTK	A	-0.12%
BHLB	B	-0.12%
WCC	B	-0.12%
FIBK	A	-0.12%
PSTG	D	-0.12%
CBU	B	-0.12%
SSD	F	-0.12%
HWC	B	-0.12%
CTSH	B	-0.12%
UA	C	-0.12%
CYH	F	-0.12%
OGN	F	-0.12%
URBN	C	-0.12%
BLDR	D	-0.12%
SPTN	D	-0.11%
PH	A	-0.11%
SCHL	F	-0.11%
EXP	B	-0.11%
HALO	F	-0.11%
LPG	F	-0.11%
SBSI	C	-0.11%
CNX	A	-0.11%
MATX	C	-0.11%
RS	B	-0.11%
ITRI	C	-0.1%
GPC	D	-0.1%
DOX	D	-0.1%
MPWR	F	-0.1%
GRBK	D	-0.1%
QCRH	B	-0.1%
UHS	D	-0.1%
JXN	C	-0.1%
VERX	A	-0.1%
LYB	F	-0.1%
CDNA	D	-0.1%
AZZ	A	-0.1%
GRND	B	-0.09%
ARW	D	-0.09%
APOG	C	-0.09%
OXM	F	-0.09%
SWKS	F	-0.09%
NAVI	F	-0.09%
GPOR	B	-0.09%
WLY	B	-0.09%
MOG.A	B	-0.09%
DXPE	B	-0.09%
INDB	B	-0.09%
PSMT	D	-0.08%
SFNC	C	-0.08%
MTDR	B	-0.08%
GAP	C	-0.08%
ARCB	C	-0.08%
UPBD	B	-0.08%
CACI	D	-0.07%
WMS	F	-0.07%
DOLE	D	-0.07%
OVV	B	-0.07%
USAP	B	-0.07%
CNA	C	-0.07%
DESP	B	-0.07%
EBAY	C	-0.07%
ZIMV	D	-0.07%
CTAS	B	-0.07%
EPC	F	-0.07%
BBSI	B	-0.07%
HIMS	C	-0.07%
HVT	D	-0.07%
CG	B	-0.07%
LEN	C	-0.07%
JWN	D	-0.07%
VFC	C	-0.07%
CNM	D	-0.07%
LZB	B	-0.07%
MTH	D	-0.07%
CSL	C	-0.07%
FN	C	-0.06%
NHC	C	-0.06%
UTI	B	-0.06%
LOPE	C	-0.06%
GOGL	F	-0.06%
C	A	-0.06%
CENTA	C	-0.06%
FLO	D	-0.06%
CIVI	D	-0.06%
FRME	B	-0.06%
CRUS	D	-0.06%
BWA	D	-0.06%
HNI	B	-0.06%
AMZN	C	-0.06%
PFG	D	-0.06%
NAT	F	-0.06%
AGM	B	-0.06%
RNR	C	-0.06%
TCBI	C	-0.05%
GRNT	B	-0.05%
NOG	B	-0.05%
LBRT	D	-0.05%
UFPT	C	-0.05%
SCVL	F	-0.05%
BBY	D	-0.05%
SN	D	-0.05%
BJ	A	-0.05%
MET	A	-0.05%
DASH	B	-0.05%
CASY	A	-0.05%
ZUMZ	B	-0.05%
CBT	D	-0.05%
PRK	B	-0.05%
ADMA	B	-0.05%
CRS	B	-0.05%
LYTS	B	-0.05%
HOV	D	-0.04%
HEES	C	-0.04%
WGO	C	-0.04%
GOLF	B	-0.04%
STGW	A	-0.04%
SXI	B	-0.04%
BKU	A	-0.04%
MBUU	C	-0.04%
MGY	A	-0.04%
NSSC	D	-0.04%
NXST	C	-0.04%
TNC	D	-0.04%
SHOO	F	-0.04%
VTRS	B	-0.04%
WEX	D	-0.04%
GEO	B	-0.04%
PRMW	C	-0.04%
EFSC	B	-0.04%
CRAI	C	-0.04%
HPE	B	-0.04%
GPI	B	-0.03%
GPK	C	-0.03%
UVSP	B	-0.03%
BYD	B	-0.03%
STRA	C	-0.03%
PRLB	B	-0.03%
KMT	B	-0.03%
BERY	C	-0.03%
MOV	D	-0.03%
RRC	B	-0.03%
HFWA	C	-0.03%
BRY	F	-0.03%
EPAC	C	-0.03%
TPL	A	-0.03%
TCBK	C	-0.03%
DDS	B	-0.03%
INGN	C	-0.02%
BUSE	B	-0.02%
MAN	F	-0.02%
PEBO	B	-0.02%
FFIV	B	-0.02%
SB	F	-0.02%
ADTN	A	-0.02%