VNQ vs. LVHD ETF Comparison

Comparison of Vanguard REIT ETF - DNQ (VNQ) to Legg Mason Low Volatility High Dividend ETF (LVHD)

VNQ

Vanguard REIT ETF - DNQ

VNQ Description

The investment seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs. The fund employs an indexing investment approach designed to track the performance of the MSCI US REIT Index. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs). The fund attempts to replicate the index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$84.89

Average Daily Volume

4,449,127

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

LVHD

Legg Mason Low Volatility High Dividend ETF

LVHD Description

The investment seeks to track the investment results of the QS Low Volatility High Dividend 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 the underlying index. The underlying index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility.

Grade (RS Rating)

Last Trade

$36.95

Average Daily Volume

93,154

Number of Holdings ^*

115

* may have additional holdings in another (foreign) market

Performance

Period	VNQ	LVHD
30 Days	7.99%	5.33%
60 Days	0.45%	3.27%
90 Days	1.48%	5.57%
12 Months	9.90%	5.55%

31 Overlapping Holdings

Symbol	Grade	Weight in VNQ	Weight in LVHD	Overlap
AAT	B	0.07%	0.06%	0.06%
ADC	B	0.36%	0.51%	0.36%
APLE	F	0.23%	0.24%	0.23%
BNL	C	0.19%	0.16%	0.16%
BRX	C	0.45%	0.48%	0.45%
CTRE	B	0.18%	0.16%	0.16%
CUBE	D	0.64%	0.5%	0.5%
DEA	B	0.07%	0.1%	0.07%
DOC	A	0.84%	0.26%	0.26%
EPR	C	0.2%	0.22%	0.2%
EPRT	A	0.26%	0.28%	0.26%
EQR	A	1.44%	0.8%	0.8%
ESS	A	0.99%	0.8%	0.8%
FCPT	B	0.14%	0.1%	0.1%
GLPI	D	0.78%	0.53%	0.53%
GTY	B	0.09%	0.06%	0.06%
HIW	B	0.18%	0.26%	0.18%
KIM	C	0.84%	0.81%	0.81%
LTC	A	0.09%	0.08%	0.08%
LXP	D	0.17%	0.13%	0.13%
MAA	B	0.97%	0.95%	0.95%
NHI	A	0.17%	0.08%	0.08%
NNN	B	0.49%	0.48%	0.48%
NSA	D	0.2%	0.24%	0.2%
NTST	C	0.08%	0.13%	0.08%
REG	F	0.67%	0.61%	0.61%
ROIC	D	0.1%	0.11%	0.1%
STAG	D	0.44%	0.33%	0.33%
UNIT	F	0.09%	0.05%	0.05%
VICI	B	1.79%	1.53%	1.53%
WPC	C	0.78%	0.67%	0.67%

VNQ Overweight 114 Positions Relative to LVHD

Symbol	Grade	Weight
PLD	D	7.61%
AMT	D	5.82%
EQIX	F	4.9%
SPG	C	3.23%
WELL	A	3.16%
CCI	D	2.9%
PSA	D	2.9%
O	B	2.84%
DLR	D	2.67%
CSGP	C	2.49%
EXR	D	1.96%
CBRE	D	1.87%
AVB	A	1.67%
WY	F	1.66%
IRM	C	1.48%
SBAC	D	1.47%
INVH	B	1.38%
ARE	D	1.35%
VTR	B	1.11%
SUI	D	1.01%
HST	D	0.92%
AMH	B	0.76%
UDR	B	0.74%
ELS	D	0.72%
REXR	D	0.67%
LAMR	B	0.66%
CPT	B	0.66%
BXP	F	0.62%
JLL	C	0.59%
EGP	D	0.53%
OHI	B	0.49%
Z	F	0.47%
FRT	B	0.47%
COLD	F	0.45%
FR	D	0.44%
RHP	D	0.41%
TRNO	F	0.36%
RYN	F	0.3%
KRG	B	0.3%
AIRC	A	0.3%
VNO	F	0.29%
PECO	D	0.27%
KRC	F	0.26%
PCH	D	0.24%
IRT	B	0.23%
CUZ	B	0.23%
PK	D	0.23%
MAC	D	0.23%
SBRA	A	0.22%
SLG	B	0.22%
DBRG	F	0.2%
SKT	D	0.2%
MPW	D	0.18%
IIPR	B	0.18%
ZG	F	0.17%
SITC	D	0.17%
DEI	B	0.15%
OUT	D	0.15%
SHO	D	0.14%
EQC	B	0.13%
DRH	F	0.13%
JOE	B	0.13%
UE	B	0.13%
RLJ	F	0.12%
PEB	F	0.12%
CWK	C	0.12%
IVT	B	0.11%
AKR	B	0.11%
GNL	D	0.1%
XHR	D	0.1%
NMRK	D	0.1%
OPEN	F	0.1%
ESRT	D	0.09%
JBGS	F	0.09%
ALEX	C	0.08%
COMP	D	0.08%
AIV	B	0.07%
SVC	F	0.07%
PDM	B	0.06%
PLYM	F	0.06%
KW	C	0.06%
UMH	C	0.06%
NXRT	B	0.05%
PGRE	B	0.05%
EXPI	C	0.05%
FOR	D	0.05%
HPP	F	0.05%
BDN	B	0.05%
MMI	D	0.05%
CSR	B	0.05%
PKST	F	0.04%
WSR	C	0.04%
CHCT	F	0.04%
INN	F	0.04%
AHH	B	0.04%
RDFN	D	0.04%
DHC	F	0.03%
LAND	D	0.03%
UHT	C	0.03%
CLDT	F	0.03%
ALX	B	0.03%
BFS	F	0.03%
FPI	C	0.03%
GMRE	D	0.03%
GOOD	A	0.03%
ILPT	B	0.02%
CBL	D	0.02%
SRG	D	0.02%
RMR	D	0.02%
OLP	A	0.02%
OPI	C	0.01%
FSP	D	0.01%
CIO	B	0.01%
NXDT	F	0.01%

VNQ Underweight 84 Positions Relative to LVHD

Symbol	Grade	Weight
AEP	A	-2.64%
SO	A	-2.64%
KDP	B	-2.59%
MO	A	-2.56%
KO	A	-2.55%
PEP	B	-2.48%
CVX	B	-2.47%
MDT	D	-2.45%
XEL	C	-2.45%
JNJ	F	-2.44%
LMT	A	-2.42%
HD	D	-2.41%
DUK	A	-2.38%
CSCO	D	-2.38%
USB	D	-2.36%
VZ	D	-2.35%
KHC	C	-2.22%
GIS	C	-2.21%
IBM	D	-2.2%
BMY	F	-2.17%
KMB	B	-2.17%
UPS	D	-1.94%
EXC	B	-1.93%
OKE	B	-1.76%
SYY	D	-1.75%
PAYX	D	-1.71%
PNC	B	-1.67%
LYB	C	-1.5%
K	B	-1.49%
WEC	B	-1.42%
DRI	F	-1.41%
ED	A	-1.33%
CAG	B	-1.18%
ETR	A	-1.16%
OMC	B	-1.16%
EVRG	B	-1.11%
DTE	A	-1.08%
FE	A	-1.05%
IPG	D	-1.03%
AEE	C	-1.01%
NI	A	-0.92%
PKG	D	-0.9%
PNW	B	-0.81%
LNT	B	-0.79%
FNF	B	-0.7%
OGE	A	-0.44%
MSM	F	-0.33%
POR	B	-0.33%
ONB	A	-0.31%
DTM	A	-0.3%
SR	B	-0.25%
FNB	A	-0.24%
VLY	F	-0.24%
BKH	B	-0.24%
OGS	C	-0.22%
NJR	B	-0.18%
FIBK	B	-0.17%
AVA	B	-0.17%
UBSI	D	-0.16%
FULT	A	-0.16%
NWE	B	-0.16%
ALE	B	-0.14%
CVBF	C	-0.13%
BOH	D	-0.13%
CBU	B	-0.12%
FHB	B	-0.12%
NWN	B	-0.11%
AUB	C	-0.11%
UVV	B	-0.11%
NWBI	C	-0.08%
CNA	B	-0.08%
PFS	B	-0.08%
NBTB	B	-0.07%
FRME	B	-0.07%
PFBC	A	-0.06%
LADR	B	-0.06%
HOPE	D	-0.06%
FCF	B	-0.06%
FFBC	B	-0.06%
VGR	D	-0.06%
WABC	B	-0.06%
EGBN	F	-0.05%
HE	F	-0.05%
TOWN	B	-0.05%