ETFs| SECTOR ALLOCATION (%)1 | PORTFOLIO | COMPARED TO RUSSELL 2500 VALUE2 |
|---|---|---|
| Financials | 26.2 | 7.9 |
| Utilities | 8.0 | 3.8 |
| Consumer Discretionary | 12.5 | 2.8 |
| Health Care | 10.1 | 2.1 |
| Consumer Staples | 3.1 | -0.2 |
| Energy | 5.5 | -0.9 |
| Materials | 5.1 | -1.5 |
| Communication Services | 0.9 | -1.8 |
| Information Technology | 10.0 | -2.7 |
| Real Estate | 2.5 | -5.3 |
| Industrials | 14.9 | -5.5 |
| Portfolio Characteristics | Portfolio | Russell 2500 Value |
|---|---|---|
| Price/Normal Earnings | 9.4x | 14.1x |
| Forward Price/Earnings (fiscal year) | 9.9x | 12.6x |
| Price/Book | 1.6x | 2.0x |
| Weighted Avg Market Cap ($M) | $13,941 | $12,334 |
| Median Market Cap ($M) | $5,910 | $1,477 |
| Number of Securities | 165 | 1,860 |
| Turnover (1 Yr Avg) | 61% |
1 % of total portfolio includes total investments, cash and cash equivalents, and accrued investment income on a trade date basis.
2 As of 3/31/26
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the SMID Cap Diversified Value ETF please visit www.hwcm.com OR call 1-800-796-5606. Read the prospectus or summary prospectus carefully before investing.
Investing involves risk. Principal loss is possible. Investing in smaller and/or newer companies involves greater risks than those associated with investing in larger companies. Please read the prospectus for a full list of fund risks.
Diversification does not assure a profit nor protect against loss in a declining market.
ETFs are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF’s shares may trade at a premium or discount to its net asset value (NAV), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact an ETF’s ability to sell its shares. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
New funds have limited operating histories for investors to evaluate and new and smaller funds may not attract sufficient assets to achieve investment and trading efficiencies.
The Russell 2500® Value Index measures the performance of the small to mid-cap value segment of the US equity universe. This index is unmanaged and investors cannot invest directly in this index.
Information on the Fund’s holdings and portfolio characteristics is subject to its portfolio holdings disclosure policy. Such information may be obtained through the Funds’ website or by calling 1-800-796-5606. Fund holdings and/or sector allocations are subject to change and are not buy/sell recommendations. Information presented based on proprietary or third-party estimates are subject to change and cannot be guaranteed. Russell Investment Group is the source and owner of the Russell Index data contained herein (and all trademarks related thereto), which may not be redistributed. The information herein is not approved by Russell. H&W and Russell sectors are based on the Global Industry Classification Standard by MSCI and S&P.
The SMID Cap Diversified Value ETF is distributed by Quasar Distributors, LLC