AFSM vs SQLV
First Trust Active Factor Small Cap ETF against Royce Quant Small-Cap Quality Value ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
23%
107 shared positions
Fee gap
15 bp
SQLV is cheaper
1-year return gap
1.7 pts
AFSM is ahead
Larger fund
AFSM
$130M
Side by side
| AFSM | SQLV | |
|---|---|---|
| Fund | First Trust Active Factor Small Cap ETF | Royce Quant Small-Cap Quality Value ETF |
| Issuer | First Trust | Royce |
| Category | Multi-Factor | Quality |
| Expense ratio | 0.75% | 0.60% |
| Assets | $130M | $39M |
| Average daily dollar volume | $748K | $336K |
| Listed | Dec 3, 2019 | Jul 12, 2017 |
| FrenzyCap score | 38 | 36 |
| 1-month return | +0.7% | −1.8% |
| 3-month return | 0.0% | −1.8% |
| Year to date | +21.6% | +19.9% |
| 1-year return | +23.3% | +21.6% |
| 30-day volatility | 11.5% | 10.9% |
| Worst drawdown, 1 year | −9.7% | −7.9% |
| Trailing 12-month yield | 0.51% | 1.04% |
| Holdings | 334 | 322 |
| Top 10 weight | 10.3% | 7.1% |
| Look-through P/E | 22.1 | 26.0 |
| Holdings vs fair value | +20.8% | +27.1% |
| Holdings above 200-day average | 59% | 53% |
| Net flow, latest 3 reported months | +$5.9M thru May 2026 | $0 thru Jun 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of May 31, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
29% of AFSM · 38% of SQLV| Holding | AFSM | SQLV |
|---|---|---|
| THFF | 0.47% | 0.54% |
| INVA | 0.47% | 0.47% |
| ANF | 0.47% | 0.43% |
| HRB | 0.43% | 0.63% |
| ZD | 0.42% | 0.55% |
| NECB | 0.48% | 0.41% |
| EFOR | 0.41% | 0.62% |
| SCSC | 0.49% | 0.38% |
| TALO | 0.37% | 0.37% |
| PLAB | 0.47% | 0.37% |
| HRMY | 0.46% | 0.36% |
| VISN | 0.42% | 0.36% |
| SENEA | 0.50% | 0.36% |
| CARS | 0.45% | 0.35% |
| TDC | 0.42% | 0.34% |
| PRDO | 0.34% | 0.48% |
| HRTG | 0.45% | 0.32% |
| LRN | 0.32% | 0.54% |
| CNXN | 0.32% | 0.38% |
| KFRC | 0.45% | 0.32% |
| SBH | 0.31% | 0.45% |
| HLIT | 0.59% | 0.30% |
| MD | 0.30% | 0.33% |
| NTCT | 0.56% | 0.30% |
| NMIH | 0.30% | 0.55% |
Sector mix of the stock holdings
| Sector | AFSM | SQLV | Gap |
|---|---|---|---|
| Industrials | 16.9% | 17.2% | −0.3% |
| Technology | 17.4% | 14.9% | +2.6% |
| Health Care | 14.4% | 16.7% | −2.4% |
| Financials | 12.5% | 18.2% | −5.7% |
| Consumer Discretionary | 12.4% | 14.3% | −1.9% |
| Materials | 4.8% | 4.7% | +0.1% |
| Communication Services | 2.4% | 4.7% | −2.3% |
| Energy | 2.7% | 2.6% | +0.1% |
| Real Estate | 3.0% | 0.6% | +2.4% |
| Consumer Staples | 1.0% | 2.5% | −1.5% |
| Utilities | 0.8% | 0.6% | +0.3% |
| Other | 0.1% | 0.2% | −0.1% |
More: full overlap table · AFSM holdings · SQLV holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.