SQLV Legg Mason Small-Cap Quality Value ETF

Seeks to track, before fees and expenses, the Royce Small-Cap Quality Value Index. The Index uses a proprietary, multi-factor scoring system that emphasizes high profitability companies (Quality) selling at attractive valuations (Value). The Index universe includes stocks with market capitalizations that are between the 1001st and 3000th largest companies based on descending market capitalization at time of rebalance. From that universe, real estate investment trusts (REITs) are excluded. For quality factors, the Index focuses on a company’s profitability (as measured by return on invested capital), the historic stability of its profitability (as measured by variance of return on assets), and debt coverage (as measured by cash flow relative to debt). For value factors, the Index focuses on the free cash flow of a company compared to its enterprise value. After the securities are scored by quality and value factors, each security’s momentum score, which is based on the price performance over the most recent 30 days, is used to determine the timing of the addition or deletion of the security into the Index. Index weights are then calculated using a composite score based on company fundamentals that include book value, revenue, free cash flow, and dividends paid.

$36.99  -0.79 (-2.09%)
As of 08/09/2022 12:25:12 EST     IEX book   CBOE book


ETF Information
Sponsor:     Legg Mason
Category1:  US Equity
Category2:  Broad market
Category3:  Small cap
Morningstar category:  Small Blend
Leverage factor:  1.00
Inception date:  07/13/2017
Index tracking method: Passive replication
Current yield:  1.33%
Historical average yield:  1.13%
Market cap:  $18,715,250
Average volume:  849
Fees:     0.6000%

Index Information
Royce Small-Cap Quality Value Index
Index symbol:  RSQLV
Provider:   Solactive
Index weighting:   Fundamental scores
Index inception date:  01/01/1900
Backtesting data exists:   No
Number of holdings:  242  (as of 09/30/2017)
Strategy:  Multi-factor investing
Factors used to select securities:

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