SQLV

Fund Description
Legg Mason Small-Cap Quality Value ETF (SQLV) seeks to provide capital appreciation by tracking the investment results of an index composed of small-cap stocks trading in the United States that have relatively low valuations. The fund seeks to track the investment results of the Royce Small-Cap Quality Value Index (the Underlying Index ). The Underlying Index utilizes a proprietary methodology created and sponsored by Royce & Associates, LP ( Royce ), the fund s subadviser. The Underlying Index is composed of equity securities that meet certain criteria. Using Royce s methodology, the Underlying Index will generally favor stocks with lower than average valuation, higher than average profitability, and higher than average debt coverage (i.e., available cash flow to pay current debt obligations) as compared with other stocks included in the investment universe while maintaining a comparable risk profile. Underlying Index constituents are selected using Royce s proprietary, rules-based multi-factor scoring system, with all factors measured by Royce, in order to seek to identify companies which combine favorable attributes of quality and value, as defined by Royce, compared with companies within the same market sector.
Fund Profile
Fund Name Legg Mason Small-Cap Quality Value ETF
Fund Exchange Ticker SQLV
Fund Sponsor Legg Mason
Fund ISIN US52468L8770
Net Expense Ratio 0.60 %
Fund Inception Date 12 July 2017
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Royce Small-Cap Quality Value Index
Index Provider Royce & Associates
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Small Cap
Growth Value Value
Continent North America
Key Statistics
Return As of Date 16 January 2019
Asset Under Management 6.58 Million (USD)
1 Month Total Return 5.11 %
Year To Date Return 9.09 %
1 Year Total Return -5.83 %
3 Year Annualized Total Return
NAV 26.32
Share Outstanding 250,000
Top 10 Holdings (16 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
GENWORTH FINANCIAL INC-CL A GNW EQUI 0.0114
GREENSKY INC-CLASS A GSKY EQUI 0.0095
VISTEON CORP VC EQUI 0.0088
VALHI INC VHI EQUI 0.0088
BANK OZK OZK EQUI 0.0083
AMERICAN EQUITY INVT LIFE HL AEL EQUI 0.0081
WARRIOR MET COAL INC HCC EQUI 0.0079
THOR INDUSTRIES INC THO EQUI 0.0078
CORE-MARK HOLDING CO INC CORE EQUI 0.0077
FRONTIER COMMUNICATIONS CORP FTR EQUI 0.0076