SQLV vs. VFQY ETF Comparison

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

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

VFQY

Vanguard U.S. Quality Factor ETF

VFQY Description

The investment seeks to provide long-term capital appreciation by investing in stocks with strong 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 strong fundamentals as determined by the advisor. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. 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

$145.31

Average Daily Volume

10,972

Number of Holdings ^*

386

* may have additional holdings in another (foreign) market

Performance

Period	SQLV	VFQY
30 Days	6.63%	2.18%
60 Days	6.05%	2.57%
90 Days	6.38%	2.74%
12 Months	20.99%	26.15%

66 Overlapping Holdings

Symbol	Grade	Weight in SQLV	Weight in VFQY	Overlap
ACCO	C	0.29%	0.05%	0.05%
AMR	C	0.61%	0.04%	0.04%
ANGO	C	0.15%	0.03%	0.03%
ANIP	F	0.25%	0.07%	0.07%
APAM	B	0.66%	0.06%	0.06%
ASO	F	0.53%	0.18%	0.18%
ATEN	A	0.34%	0.12%	0.12%
ATKR	D	0.38%	0.02%	0.02%
AX	B	0.75%	0.37%	0.37%
BBW	C	0.16%	0.24%	0.16%
BELFB	C	0.44%	0.13%	0.13%
BFH	C	1.13%	0.32%	0.32%
BKE	B	0.74%	0.11%	0.11%
BLBD	D	0.13%	0.22%	0.13%
BXC	B	0.48%	0.15%	0.15%
CATY	B	0.76%	0.11%	0.11%
CCRN	F	0.23%	0.12%	0.12%
CEIX	A	0.83%	0.11%	0.11%
CHGG	C	0.29%	0.13%	0.13%
CNXN	C	0.49%	0.07%	0.07%
CPRX	C	0.4%	0.04%	0.04%
CRCT	F	0.54%	0.08%	0.08%
CRVL	B	0.27%	0.19%	0.19%
CTS	C	0.44%	0.04%	0.04%
DAKT	C	0.42%	0.06%	0.06%
DFIN	D	0.33%	0.1%	0.1%
DHIL	B	0.4%	0.07%	0.07%
DXC	B	0.77%	0.09%	0.09%
EXTR	C	0.15%	0.17%	0.15%
GIII	D	0.48%	0.13%	0.13%
HAE	C	0.46%	0.04%	0.04%
HAFC	B	0.66%	0.03%	0.03%
HCKT	B	0.37%	0.14%	0.14%
HWKN	B	0.14%	0.14%	0.14%
IOSP	C	0.45%	0.07%	0.07%
JBSS	F	0.33%	0.13%	0.13%
KFRC	D	0.33%	0.2%	0.2%
LQDT	B	0.37%	0.04%	0.04%
MCFT	C	0.3%	0.04%	0.04%
MCRI	A	0.47%	0.1%	0.1%
NMIH	C	0.59%	0.17%	0.17%
ODP	F	0.26%	0.07%	0.07%
OSUR	F	0.16%	0.05%	0.05%
PCRX	C	0.2%	0.11%	0.11%
PFBC	B	0.52%	0.02%	0.02%
PLAB	C	0.33%	0.15%	0.15%
POWL	C	0.75%	0.06%	0.06%
PRDO	B	0.55%	0.13%	0.13%
RGP	F	0.24%	0.02%	0.02%
RYI	C	0.3%	0.02%	0.02%
SCS	C	0.52%	0.15%	0.15%
SLVM	B	0.75%	0.12%	0.12%
STRL	A	0.71%	0.11%	0.11%
SUPN	C	0.43%	0.09%	0.09%
TCMD	B	0.23%	0.02%	0.02%
TDC	D	0.34%	0.38%	0.34%
TDOC	C	0.56%	0.16%	0.16%
TH	C	0.37%	0.04%	0.04%
THRY	D	0.12%	0.1%	0.1%
USNA	C	0.29%	0.06%	0.06%
UVE	B	0.19%	0.11%	0.11%
WHD	B	0.62%	0.14%	0.14%
WTTR	A	0.6%	0.05%	0.05%
YELP	C	0.4%	0.13%	0.13%
YOU	D	0.12%	0.22%	0.12%
ZEUS	C	0.24%	0.06%	0.06%

SQLV Overweight 191 Positions Relative to VFQY

Symbol	Grade	Weight
CALM	A	0.9%
VCTR	B	0.82%
CORT	B	0.82%
PAYO	A	0.81%
IDCC	B	0.78%
CAR	C	0.78%
EBC	B	0.77%
TGNA	B	0.75%
IBOC	B	0.74%
FDP	B	0.74%
AGX	B	0.72%
LRN	A	0.71%
BTU	B	0.7%
SANM	B	0.69%
SKYW	C	0.67%
CCSI	C	0.67%
MD	C	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%
OMCL	C	0.56%
PAHC	C	0.55%
LGND	C	0.55%
WTFC	A	0.55%
ANDE	D	0.55%
HUBG	A	0.55%
NECB	C	0.54%
WS	C	0.53%
INVA	D	0.53%
NTGR	B	0.52%
NVST	B	0.52%
NBN	C	0.52%
MCB	B	0.52%
PRGS	A	0.52%
EEFT	B	0.51%
PBH	A	0.49%
TEX	F	0.49%
ITGR	B	0.49%
MBWM	B	0.48%
TPC	C	0.48%
FISI	B	0.47%
CIVB	B	0.47%
ADUS	D	0.46%
LMAT	A	0.46%
PLUS	F	0.46%
OSBC	A	0.46%
IRDM	D	0.46%
UNTY	B	0.46%
DK	C	0.46%
THFF	B	0.45%
MSBI	B	0.44%
INSW	F	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%
HRMY	D	0.4%
ZD	B	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%
WU	F	0.37%
AMPH	F	0.37%
WKC	C	0.37%
METC	C	0.37%
WOR	F	0.37%
RNGR	A	0.37%
ROCK	C	0.37%
ARRY	F	0.36%
NPK	B	0.36%
OLPX	D	0.36%
SGC	C	0.35%
REX	D	0.35%
HSTM	B	0.34%
BSIG	A	0.34%
NX	C	0.33%
RES	D	0.33%
ACIC	B	0.33%
CRI	F	0.33%
PLPC	B	0.33%
CVEO	F	0.32%
EMBC	C	0.32%
FOR	F	0.32%
IART	C	0.31%
SMLR	B	0.31%
GNE	F	0.31%
COHU	C	0.31%
LGTY	C	0.3%
MPX	C	0.3%
MRVI	F	0.3%
IRMD	C	0.3%
IMXI	B	0.3%
FLWS	D	0.3%
SPOK	B	0.29%
KRT	B	0.29%
OMI	F	0.29%
CASS	C	0.29%
WNC	C	0.29%
JELD	F	0.28%
SIGA	F	0.28%
COLL	F	0.28%
HBB	F	0.28%
WRLD	C	0.27%
PUMP	C	0.27%
PLXS	B	0.27%
VREX	B	0.27%
EE	A	0.27%
CLW	F	0.26%
NVEC	B	0.26%
NATR	C	0.26%
WINA	C	0.26%
ZIP	D	0.26%
PFC	B	0.25%
BTMD	B	0.25%
GIC	D	0.25%
PKE	B	0.25%
CTKB	C	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%
ICUI	D	0.23%
EVC	C	0.22%
JILL	C	0.22%
MTUS	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%
VRA	C	0.2%
OFLX	D	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%
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%
STBA	B	0.17%
HSII	B	0.17%
ACDC	B	0.16%
HCI	C	0.16%
MGNI	B	0.16%
LXU	B	0.16%
ANIK	D	0.15%
SCSC	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%
IMMR	C	0.13%
SD	D	0.13%
POWW	F	0.13%
CNMD	C	0.13%
CVGI	F	0.12%
PAYS	F	0.12%
LTRX	F	0.11%
SURG	D	0.1%
IPW	F	0.06%

SQLV Underweight 320 Positions Relative to VFQY

Symbol	Grade	Weight
NKE	F	-2.14%
GILD	C	-2.1%
MMM	D	-2.1%
AAPL	C	-2.03%
TGT	F	-1.91%
QCOM	F	-1.88%
LULU	C	-1.81%
WMT	A	-1.74%
TJX	A	-1.74%
MRK	D	-1.69%
KLAC	F	-1.63%
KMB	C	-1.62%
ADBE	C	-1.6%
CTAS	B	-1.58%
PEP	F	-1.54%
JNJ	C	-1.38%
AXP	A	-1.37%
PYPL	B	-1.29%
COST	A	-1.16%
AMZN	C	-1.12%
META	D	-1.0%
IDXX	F	-0.78%
CHRW	B	-0.73%
FLO	D	-0.7%
PAYX	B	-0.63%
EQH	C	-0.61%
AMP	A	-0.57%
FAST	B	-0.55%
AYI	B	-0.53%
NVDA	B	-0.53%
STT	B	-0.53%
LSTR	D	-0.5%
BBY	D	-0.5%
AMAT	F	-0.49%
PRI	B	-0.49%
CVLT	B	-0.49%
MSM	C	-0.49%
NTAP	C	-0.49%
FBP	C	-0.48%
RPM	A	-0.47%
SLM	A	-0.47%
KR	B	-0.46%
AFL	B	-0.46%
AIG	B	-0.44%
BLDR	D	-0.44%
RHI	C	-0.44%
DCI	B	-0.44%
ALKS	C	-0.43%
EBAY	D	-0.43%
POOL	C	-0.42%
MAT	D	-0.4%
BPOP	C	-0.4%
VRT	B	-0.39%
CNO	B	-0.39%
RL	C	-0.39%
EXPE	B	-0.38%
TBBK	B	-0.37%
LNTH	D	-0.37%
KVUE	A	-0.37%
CAT	B	-0.36%
CASH	B	-0.36%
ANF	F	-0.36%
GWW	B	-0.35%
DKS	D	-0.35%
ECL	D	-0.34%
OFG	B	-0.34%
IT	C	-0.34%
MANH	D	-0.33%
UFPI	C	-0.33%
NTRS	A	-0.33%
GL	C	-0.33%
SSD	F	-0.33%
LPX	B	-0.33%
DECK	A	-0.33%
ZION	B	-0.32%
WLY	B	-0.32%
QLYS	B	-0.32%
MPWR	F	-0.32%
COKE	C	-0.32%
TPL	A	-0.31%
WSFS	B	-0.31%
CHE	D	-0.3%
EL	F	-0.3%
CROX	D	-0.3%
ROK	C	-0.3%
EA	A	-0.29%
MSA	F	-0.29%
AEO	F	-0.29%
JXN	C	-0.29%
DLTR	F	-0.29%
CDNS	B	-0.28%
AOS	F	-0.28%
LMB	B	-0.28%
VMI	B	-0.28%
SYF	B	-0.28%
SKX	D	-0.27%
BJ	A	-0.27%
APOG	C	-0.27%
KD	B	-0.27%
BR	A	-0.26%
AVY	F	-0.26%
NTB	B	-0.26%
ADSK	A	-0.26%
HIG	B	-0.26%
CNM	D	-0.26%
HAS	D	-0.25%
APPF	B	-0.24%
ULTA	F	-0.24%
AIT	B	-0.24%
M	F	-0.24%
LLY	F	-0.24%
A	D	-0.23%
NUS	D	-0.23%
TPR	B	-0.23%
VOYA	B	-0.22%
UTHR	C	-0.22%
WFRD	D	-0.22%
HSY	F	-0.22%
CFG	B	-0.22%
YETI	D	-0.22%
MEDP	D	-0.22%
LECO	C	-0.22%
CRUS	D	-0.21%
SHOO	F	-0.21%
EXPD	C	-0.21%
CR	A	-0.21%
MLI	B	-0.21%
GPC	D	-0.21%
CPNG	D	-0.21%
PII	F	-0.2%
BWA	D	-0.2%
TTC	C	-0.2%
WDFC	B	-0.2%
SAM	C	-0.2%
TREX	C	-0.2%
WMS	F	-0.2%
LOPE	C	-0.2%
CASY	A	-0.19%
IESC	C	-0.19%
ROKU	D	-0.19%
PJT	A	-0.19%
PPG	F	-0.19%
BBSI	B	-0.18%
TNET	F	-0.18%
XRAY	F	-0.18%
TK	D	-0.17%
EPAC	C	-0.17%
CHCO	B	-0.17%
ROL	B	-0.17%
CSWI	B	-0.17%
PVH	C	-0.17%
BCC	B	-0.16%
IDT	B	-0.16%
PLMR	A	-0.16%
PSTG	D	-0.16%
MA	B	-0.16%
RMD	C	-0.16%
GOOGL	C	-0.16%
SONO	C	-0.16%
ILMN	C	-0.16%
ADP	A	-0.16%
JKHY	D	-0.16%
MPC	D	-0.15%
PEGA	B	-0.15%
INGR	C	-0.15%
NSP	F	-0.15%
WTS	B	-0.15%
FIZZ	C	-0.15%
COR	B	-0.14%
GMS	B	-0.14%
MOH	F	-0.14%
EOG	A	-0.14%
BOKF	B	-0.14%
FFIV	B	-0.14%
GTLB	B	-0.13%
FC	F	-0.13%
HNI	B	-0.13%
FELE	B	-0.13%
AON	A	-0.13%
PDCO	F	-0.12%
CSGS	B	-0.12%
JBL	C	-0.12%
CPF	B	-0.12%
INDB	B	-0.12%
TILE	B	-0.12%
WABC	B	-0.12%
XP	F	-0.12%
PEN	B	-0.12%
CMI	A	-0.12%
BHF	C	-0.11%
INCY	C	-0.11%
CAL	F	-0.11%
NVR	D	-0.11%
CUBI	B	-0.11%
TXG	F	-0.11%
PRMW	C	-0.11%
FIX	A	-0.11%
MTG	C	-0.1%
PFGC	B	-0.1%
ODFL	C	-0.1%
LANC	C	-0.1%
MBUU	B	-0.1%
SPTN	D	-0.1%
TER	F	-0.1%
SRCE	B	-0.1%
ACAD	C	-0.1%
LCII	C	-0.1%
MAN	F	-0.1%
PINS	F	-0.1%
MRC	B	-0.1%
RS	B	-0.1%
KAI	B	-0.1%
LSCC	D	-0.09%
BHLB	B	-0.09%
RSI	A	-0.09%
PSMT	D	-0.09%
TCBI	C	-0.09%
SPOT	B	-0.09%
SOLV	D	-0.09%
ELF	C	-0.09%
OXM	F	-0.09%
CBU	B	-0.09%
CSL	C	-0.09%
LZB	B	-0.09%
NYT	D	-0.09%
WCC	B	-0.09%
SFIX	B	-0.08%
SEIC	B	-0.08%
ENPH	F	-0.08%
EME	A	-0.08%
ETD	C	-0.08%
ARLO	C	-0.08%
GGG	B	-0.08%
MLKN	F	-0.08%
ROST	D	-0.08%
CVBF	A	-0.08%
CDRE	F	-0.08%
SM	B	-0.08%
AMSF	B	-0.08%
CDW	F	-0.08%
EGY	D	-0.08%
UAA	C	-0.08%
SBSI	C	-0.07%
MCO	B	-0.07%
AAP	D	-0.07%
AMAL	B	-0.07%
ACT	C	-0.07%
CDNA	D	-0.07%
EYE	C	-0.07%
YEXT	B	-0.07%
VRTS	B	-0.07%
PRLB	B	-0.07%
ASC	F	-0.07%
BMI	B	-0.07%
CARG	B	-0.07%
GCO	C	-0.07%
LYTS	B	-0.06%
NSSC	D	-0.06%
MUSA	B	-0.06%
CRAI	C	-0.06%
FULT	A	-0.06%
MMS	F	-0.06%
OLN	F	-0.06%
STLD	B	-0.06%
MYGN	F	-0.06%
HOLX	D	-0.06%
EVER	D	-0.06%
AVAV	C	-0.06%
PG	C	-0.06%
RDN	D	-0.06%
ALGN	D	-0.05%
BRKR	D	-0.05%
MASI	B	-0.05%
ICFI	F	-0.05%
HVT	D	-0.05%
VITL	D	-0.05%
TRIP	F	-0.05%
IMKTA	C	-0.05%
TTI	B	-0.05%
SCHL	F	-0.04%
ORGO	B	-0.04%
EXLS	B	-0.04%
UTI	B	-0.04%
HY	D	-0.04%
GOLF	B	-0.04%
SNA	A	-0.04%
REVG	C	-0.04%
SXI	B	-0.04%
BLD	D	-0.04%
MBIN	F	-0.04%
HNST	A	-0.04%
OEC	C	-0.04%
TNK	F	-0.04%
KELYA	F	-0.03%
TNC	D	-0.03%
SXC	A	-0.03%
FBIN	D	-0.03%
SN	D	-0.03%
MOV	D	-0.03%
BECN	B	-0.03%
OII	B	-0.03%
GNRC	C	-0.03%
BKNG	A	-0.03%
MLAB	F	-0.03%
UPBD	B	-0.03%
DUOL	A	-0.03%
UDMY	D	-0.03%
GPRO	F	-0.03%
TBI	F	-0.03%
MYE	F	-0.03%
TCBK	C	-0.02%
PLOW	D	-0.02%
INGN	C	-0.02%
NWL	C	-0.02%
COUR	F	-0.02%
AZEK	A	-0.02%
KRNY	C	-0.02%
EGBN	B	-0.02%
LKFN	C	-0.02%
CXT	C	-0.02%