SQLV Royce Quant Small-Cap Quality Value ETF
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Royce Quant Small-Cap Quality Value ETF (SQLV) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2017-07-12
- Has Options
- No
- Expense ratio
- 0.60% prospectus, filed Jul 25, 2025
- Assets
- $39M shares × price, Oct 9, 2026
- Trailing yield
- 1.04% paid quarterly
- Average daily volume
- $336K 30 sessions
- Holdings
- 322 top 10 are 7.1%
- Listed
- Jul 12, 2017 Nasdaq
- Last fee change
- -1 bp filed Jul 25, 2023
Moves with. US large-cap stocks (54% of its variance, beta 1.11); Small caps over large (28% of its variance, beta 0.67). These factors explain 77% of its daily moves over the last year.
Stated objective. Royce Quant Small-Cap Quality Value ETF (the fund) seeks to achieve long-term growth of capital. (from the fund's prospectus)
All 322 holdingsFlow historySimilar fundsOverlap toolAll Quality ETFs
- Jun 2026
- $0 latest reported month
- Latest 3 months
- $0 0.0% of assets
- Latest 12 months
- −$2.0M −7.1% of assets
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | $0 |
| May 2026 | $0 |
| Apr 2026 | $0 |
| Mar 2026 | $0 |
| Feb 2026 | $0 |
| Jan 2026 | $0 |
| Dec 2025 | −$2.1M |
| Nov 2025 | $0 |
| Oct 2025 | −$2.1M |
| Sep 2025 | $0 |
| Aug 2025 | +$2.2M |
| Jul 2025 | $0 |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 83 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| EESWisdomTree U.S. SmallCap Fund | 27% | 0.38% | $688M | +17.8% | compare |
| ROSCHartford Multifactor Small Cap ETF | 25% | 0.34% | $49M | +20.5% | compare |
| AFSMFirst Trust Active Factor Small Cap ETF | 23% | 0.75% | $130M | +23.3% | compare |
| FYTFirst Trust Small Cap Value AlphaDEX Fund | 23% | 0.70% | $179M | +21.0% | compare |
| AVUVAvantis U.S. Small Cap Value ETF | 22% | 0.25% | $30.9B | +19.8% | compare |
Ranked by how much of the two portfolios is the same securities.
- Holdings vs fair value
- +27.1% 71% under, 12% over · 89% covered
- Price / earnings
- 26.0 16% loss-making · 90% covered
- Price / book · sales
- 1.5 · 0.8 revenue growth +5.0%
- Above 200-day average
- 53% 36% above 50-day · by weight
- Short interest
- 9.8% of float, weighted · 5.9 days to cover
- Insider buying
- 8% of weight had net insider buying, 90 days; 46% net selling
- 13F holders
- +5.2% change in shares held by institutions, latest quarter
- Reporting earnings
- 1.2% of weight in 7 days; 11.6% in 14
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| New position | KDKYNDRYL HOLDINGS INC | — | 0.67% | — |
| New position | FGF&G ANNUITIES & LIFE INC | — | 0.58% | — |
| Exit | NPNeptune Insurance Holdings Inc. | 0.56% | — | — |
| New position | LYFTLYFT INC | — | 0.53% | — |
| Exit | OSCROscar Health Inc | 0.47% | — | — |
| Exit | DHILDiamond Hill Investment Group Inc. | 0.42% | — | — |
| Exit | AAMIAcadian Asset Management Inc | 0.40% | — | — |
| New position | INSPINSPIRE MEDICAL SYSTEMS INC | — | 0.40% | — |
| New position | TDOCTELADOC HEALTH INC | — | 0.38% | — |
| Exit | BELFBBEL Fuse Inc | 0.37% | — | — |
39 new, 29 exited, 25 increased and 19 decreased between the fund's two latest holdings reports; turnover 17.1%. Full holdings and history
- Authorized participants
- 3 active of 21 with agreements; top 3 did 100%
- Created · redeemed
- $2.2M · $6.2M over the fiscal year
- Redemptions in kind
- 99% creations 100% in kind
- Creation unit
- 50,000 shares
- Securities lending
- not authorized
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-14 | 2026-09-17 | $0.1520 | CD |
| 2026-06-15 | 2026-06-18 | $0.1236 | CD |
| 2026-03-16 | 2026-03-19 | $0.1145 | CD |
| 2025-12-15 | 2025-12-18 | $0.1491 | CD |
| 2025-09-15 | 2025-09-18 | $0.1169 | CD |
| 2025-06-16 | 2025-06-20 | $0.1108 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| VCTR | VICTORY CAPITAL HOLDINGS INC | 0.92% | Equity (common) | US |
| DXC | DXC TECHNOLOGY COMPANY | 0.74% | Equity (common) | US |
| FHI | FEDERATED HERMES INC | 0.72% | Equity (common) | US |
| CABO | CABLE ONE INC | 0.70% | Equity (common) | US |
| CBT | CABOT CORP | 0.68% | Equity (common) | US |
| IBOC | INTERNATIONAL BANCSHARES CORP | 0.68% | Equity (common) | US |
| BBWI | BATH & BODY WORKS INC | 0.67% | Equity (common) | US |
| KD | KYNDRYL HOLDINGS INC | 0.67% | Equity (common) | US |
| IRDM | IRIDIUM COMMUNICATIONS INC | 0.66% | Equity (common) | US |
| MCRI | MONARCH CASINO & RESORT INC | 0.64% | Equity (common) | US |
| HRB | H & R BLOCK INC | 0.62% | Equity (common) | US |
| EFOR | EVERFORTH INC | 0.62% | Equity (common) | US |
| AVNS | AVANOS MEDICAL INC | 0.62% | Equity (common) | US |
| BRBR | BELLRING BRANDS INC | 0.58% | Equity (common) | US |
| FG | F&G ANNUITIES & LIFE INC | 0.58% | Equity (common) | US |
| CATY | CATHAY GENERAL BANCORP | 0.57% | Equity (common) | US |
| SM | SM ENERGY COMPANY | 0.57% | Equity (common) | US |
| PHIN | PHINIA INC | 0.56% | Equity (common) | US |
| QLYS | QUALYS INC | 0.55% | Equity (common) | US |
| NMIH | NMI HOLDINGS INC | 0.55% | Equity (common) | US |
| TNET | TRINET GROUP INC | 0.55% | Equity (common) | US |
| ZD | ZIFF DAVIS INC | 0.55% | Equity (common) | US |
| PRG | PROG HOLDINGS INC | 0.55% | Equity (common) | US |
| LCII | LCI INDUSTRIES | 0.55% | Equity (common) | US |
| LRN | STRIDE INC | 0.54% | Equity (common) | US |
| CRGY | CRESCENT ENERGY COMPANY | 0.54% | Equity (common) | US |
| THFF | FIRST FINANCIAL CORP | 0.54% | Equity (common) | US |
| NVST | ENVISTA HOLDINGS CORP | 0.53% | Equity (common) | US |
| TPC | TUTOR PERINI CORP | 0.53% | Equity (common) | US |
| LYFT | LYFT INC | 0.53% | Equity (common) | US |
| HOG | HARLEY-DAVIDSON INC | 0.52% | Equity (common) | US |
| SKYW | SKYWEST INC | 0.52% | Equity (common) | US |
| PFBC | PREFERRED BANK (CALIFORNIA) | 0.51% | Equity (common) | US |
| UNTY | UNITY BANCORP INC | 0.51% | Equity (common) | US |
| GNTX | GENTEX CORP | 0.50% | Equity (common) | US |
| CCRN | CROSS COUNTRY HEALTHCARE INC | 0.50% | Equity (common) | US |
| SPB | SPECTRUM BRANDS HOLDINGS INC | 0.50% | Equity (common) | US |
| EMBC | EMBECTA CORP | 0.49% | Equity (common) | US |
| — | DEL MONTE CORP | 0.49% | Equity (common) | KY |
| CIVB | CIVISTA BANCSHARES INC | 0.49% | Equity (common) | US |
| PKBK | PARKE BANCORP INC | 0.49% | Equity (common) | US |
| NATL | NCR ATLEOS CORP | 0.48% | Equity (common) | US |
| SLDE | SLIDE INSURANCE HOLDINGS INC | 0.48% | Equity (common) | US |
| MBWM | MERCANTILE BANK CORP | 0.48% | Equity (common) | US |
| LGND | LIGAND PHARMACEUTICALS INC | 0.48% | Equity (common) | US |
| PRDO | PERDOCEO EDUCATION CORP | 0.48% | Equity (common) | US |
| ANGI | ANGI INC | 0.47% | Equity (common) | US |
| CALM | CAL-MAINE FOODS INC | 0.47% | Equity (common) | US |
| CPRX | CATALYST PHARMACEUTICALS INC | 0.47% | Equity (common) | US |
| BKE | BUCKLE INC (THE) | 0.47% | Equity (common) | US |
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 3.25% | -7.67% | 11.16% | -2.47% | 1.91% | 4.59% | 1.79% |
| Feb | 7.79% | -3.89% | -2.51% | 1.34% | -5.13% | -0.32% | -0.45% |
| Mar | 3.37% | 2.97% | -6.59% | 1.31% | -3.92% | -3.97% | -1.14% |
| Apr | 0.48% | -7.11% | -2.59% | -6.40% | -4.57% | 8.40% | -1.97% |
| May | 3.02% | 1.78% | -2.21% | 3.82% | 5.63% | 1.72% | 2.29% |
| Jun | -2.18% | -9.24% | 6.11% | -2.92% | 4.53% | 5.69% | 0.33% |
| Jul | -0.72% | 10.59% | 5.37% | 11.36% | -2.36% | 0.36% | 4.10% |
| Aug | 1.75% | -5.15% | -3.89% | 0.45% | 11.35% | -0.52% | 0.66% |
| Sep | -2.27% | -9.40% | -5.10% | 3.25% | -1.03% | -4.79% | -3.22% |
| Oct | 1.08% | 9.99% | -4.26% | -0.52% | -2.45% | 1.03%* | 0.81% |
| Nov | -3.97% | 3.80% | 7.42% | 9.96% | 2.61% | -- | 3.96% |
| Dec | 5.25% | -6.90% | 8.59% | -7.11% | 1.42% | -- | 0.25% |
| Total | 17.49% | -20.80% | 9.82% | 10.86% | 6.92% | 12.05% | 6.06% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report: SQLV
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers and Primary Risks:
- Technical indicators suggest a consolidation phase, with no strong trend signals.
- Recent news headlines are neutral, focusing on market trends and macroeconomic data.
- Risk metrics indicate moderate volatility, with the stock generally following market movements.
Investment Thesis: SQLV is trading within a range, awaiting catalysts to break out. The stock's moderate volatility and correlation with the broader market suggest a potentially attractive risk-reward profile.
Recent News Sentiment Impact:
- Neutral news headlines have not had a significant impact on the stock price, as they focused on market trends rather than specific company developments.
- The absence of earnings data or significant events has contributed to the neutral sentiment and lack of directional movement in the stock.
Technical Analysis
Trend Direction: Consolidation (Short-term: 1-4 weeks)
Support/Resistance Levels:
- Upper Bollinger Band: $56.00
- Middle Bollinger Band: $53.99
- Lower Bollinger Band: $51.97
Momentum Signals:
- RSI: Neutral (57.31)
- MACD: Bullish (0.70 / Signal: -0.07 / Histogram: 0.77)
- Stochastic %K and %D: Neutral/Overbought
- Williams %R: Neutral (-28.44)
Volume Analysis: Volume is declining, with a volume rate of change of -67.73%. This could be a sign of decreasing institutional interest or profit-taking.
News & Sentiment Analysis
Recent Headlines Summary: Recent headlines have focused on market trends and macroeconomic data, without any significant impact on the stock price.
Sentiment Assessment: Neutral
Catalyst Identification: No specific events or announcements have triggered significant price movements. The absence of earnings data and other catalysts has contributed to the neutral sentiment.
Market Narrative: The technical signals are suggesting a consolidation phase, while the news headlines remain neutral. This narrative suggests that SQLV is awaiting a catalyst to break out from its current trading range.
Risk & Volatility Assessment
Beta Interpretation: Moderate risk (0.80 vs SPY)
Volatility Regime: Current volatility is moderate (0.17), similar to historical levels.
Options Market Signals: No options data available, making it difficult to assess market sentiment and institutional interest.
Downside Protection: Support levels at the Lower Bollinger Band ($51.97) and SMA 50 ($52.45) provide some downside protection.
Market Context & Positioning
Sector Performance: SQLV is trading in line with its sector, which has been neutral in recent days.
Institutional Activity: Volume trends suggest decreasing institutional interest or profit-taking.
Correlation Analysis: The stock's correlation with the broader market is moderate (0.61), suggesting it may follow market movements.
Relative Valuation: SQLV is trading within a range, without significant relative value compared to its peers.
Key Levels & Action Items
Critical Price Levels:
- Upper Bollinger Band: $56.00
- Middle Bollinger Band: $53.99
- Lower Bollinger Band: $51.97
Breakout/Breakdown Levels: No clear breakout or breakdown levels are present, as the stock is trading within a range.
Time-Sensitive Catalysts: No specific earnings dates, product launches, or regulatory changes have been announced that could impact the stock price in the near term.
Risk Management:
- Stop-loss levels should be set at the Lower Bollinger Band ($51.97) to manage potential downside risks.
- Position sizing considerations should focus on the moderate volatility and correlation with the broader market.
SQLV Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Low volatility - stock moves less than market
SQLV Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|