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ETFs

Royce Quant Small-Cap Quality Value ETF

SQLV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 12, 2017
Expense Ratio
0.60%
Type
US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$103,669
AUM
$26,609,999
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

JXN
Jackson Financial Inc - Ordinary Shares - Class A
1.28%
BCC
Boise Cascade Co
0.98%
R
Ryder System, Inc.
0.98%
AMR
Alpha Metallurgical Resources Inc
0.96%
FG
F&G Annuities & Life Inc
0.94%
GNW
Genworth Financial Inc - Ordinary Shares - Class A
0.84%
AEO
American Eagle Outfitters Inc.
0.84%
GPI
Group 1 Automotive, Inc.
0.81%
BFH
Bread Financial Holdings Inc
0.81%
ARCH
Arch Resources Inc - Ordinary Shares - Class A
0.80%
Invest with SQLV

What is SQLV?

SQLV is designed for investors seeking growth of capital through strategic multi-factor, small-cap exposure. The fund primarily invests in equity securities of small-capitalization companies that are traded in the United States and meet certain criteria using a proprietary methodology created by the fund's subadviser, Royce & Associates, On May 10, the Legg Mason Small Cap Quality Value ETF (SQLV) dropped the Royce Small-Cap Quality Value Index to become actively managed and change its name to the Royce Quant Small Cap Quality Value ETF.

ETFs related toSQLV

ETFs correlated to SQLV include SPSM, AVSC, IJR

SQLV
Legg Mason ETF Investment Trust - Royce Quant Small-Cap Quality Value ETF
SPSM
SPDR Series Trust - SPDR Portfolio S&P 600 Small Cap ETF
AVSC
American Century ETF Trust - Avantis U.S Small Cap Equity ETF
IJR
BlackRock Institutional Trust Company N.A. - iShares Core S&P Small-Cap ETF
GSSC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF
EES
WisdomTree Trust - WisdomTree U.S. SmallCap Fund
VIOO
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 ETF
DFAS
Dimensional ETF Trust - Dimensional U.S. Small Cap ETF
FNDA
Schwab Strategic Trust - Schwab Fundamental U.S. Small Company Index ETF
PRFZ
Invesco Capital Management LLC - Invesco FTSE RAFI US 1500 Small-Mid ETF
SLYG
SPDR Series Trust - SPDR S&P 600 Small Cap Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSQLV

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with SQLV using Composer

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New Thinking In A Small-Cap ETF

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FAQ

SQLV is a US Equities ETF. SQLV is designed for investors seeking growth of capital through strategic multi-factor, small-cap exposure. The fund primarily invests in equity securities of small-capitalization companies that are traded in the United States and meet certain criteria using a proprietary methodology created by the fund's subadviser, Royce & Associates, On May 10, the Legg Mason Small Cap Quality Value ETF (SQLV) dropped the Royce Small-Cap Quality Value Index to become actively managed and change its name to the Royce Quant Small Cap Quality Value ETF.

Yes, SQLV is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, SQLV is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SQLV is -0.0234%. This is the percent change in the value of SQLV over the most recent 1-month period. The 3-month return on SQLV is 0.0049%. This is the percent change in the value of SQLV over the most recent 3-month period.

The standard deviation of SQLV for the past year is 0.2164%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SQLV include SPHQ, DSI, and QUAL.

ETFs correlated to SQLV include SPSM, AVSC, and IJR.

ETFs that are inversely correlated to SQLV include TZA, TWM, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.