FLCB vs. FQAL ETF Comparison

Comparison of Franklin Liberty U.S. Core Bond ETF (FLCB) to Fidelity Quality Factor ETF (FQAL)
FLCB

Franklin Liberty U.S. Core Bond ETF

FLCB Description

The investment seeks total return. Under normal market conditions, the fund invests at least 80% of its net assets in bonds of U.S. issuers, including government, corporate debt, mortgage-backed and asset-backed securities. It invests predominantly in investment grade debt securities and, under normal market conditions, is generally expected to have sector, credit and duration exposures comparable to the Bloomberg Barclays U.S. Aggregate Bond Index, the fund's benchmark index. The fund may enter into various interest rate and credit-related derivatives, principally U.S. Treasury futures, interest rate swaps and credit default swaps.

Grade (RS Rating)

Last Trade

$21.22

Average Daily Volume

684,009

Number of Holdings *

42

* may have additional holdings in another (foreign) market
FQAL

Fidelity Quality Factor ETF

FQAL Description The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

Grade (RS Rating)

Last Trade

$66.83

Average Daily Volume

29,902

Number of Holdings *

124

* may have additional holdings in another (foreign) market
Performance
Period FLCB FQAL
30 Days -1.84% 1.49%
60 Days -3.28% 5.24%
90 Days -1.49% 6.80%
12 Months 6.94% 30.99%
8 Overlapping Holdings
Symbol Grade Weight in FLCB Weight in FQAL Overlap
ABBV F 0.37% 1.35% 0.37%
ACGL C 0.11% 0.68% 0.11%
CF B 0.35% 0.17% 0.17%
CSX B 0.05% 0.49% 0.05%
MO A 0.41% 0.41% 0.41%
VZ D 0.51% 0.54% 0.51%
WMB B 0.08% 0.33% 0.08%
XOM B 0.31% 1.15% 0.31%
FLCB Overweight 34 Positions Relative to FQAL
Symbol Grade Weight
BAC A 0.53%
CAF C 0.51%
BABA D 0.48%
FLEX B 0.43%
DGX B 0.42%
DUK D 0.41%
MHK D 0.4%
GJS A 0.39%
MPLX A 0.39%
C B 0.34%
TAK D 0.34%
DLTR F 0.34%
NOW A 0.33%
CARR C 0.32%
RPRX F 0.31%
BA F 0.3%
LVS C 0.28%
SCCO F 0.26%
RDN C 0.24%
KMI B 0.24%
EXC C 0.2%
NOC D 0.19%
VOD F 0.19%
NVR D 0.19%
CNC F 0.18%
EQNR D 0.18%
CMCSA B 0.14%
FDX B 0.14%
GPJA D 0.1%
MET C 0.09%
HCA D 0.07%
ET A 0.06%
PSX C 0.06%
KIM A 0.05%
FLCB Underweight 116 Positions Relative to FQAL
Symbol Grade Weight
NVDA A -7.41%
AAPL C -6.53%
MSFT C -6.31%
GOOGL C -3.77%
META B -2.62%
AVGO C -2.17%
LLY F -1.8%
V A -1.56%
MA B -1.44%
HD B -1.43%
JNJ D -1.34%
BKNG A -1.16%
GILD B -1.09%
MCD C -1.09%
ACN B -1.05%
LOW B -0.99%
COST B -0.99%
BX A -0.99%
PGR A -0.98%
BMY B -0.97%
QCOM F -0.96%
ADBE C -0.94%
PANW B -0.94%
PG C -0.92%
VRTX B -0.91%
NFLX A -0.91%
FICO B -0.9%
SPGI C -0.89%
AMP A -0.88%
AMAT F -0.87%
VEEV B -0.86%
GRMN A -0.85%
CME B -0.82%
ORLY A -0.82%
ABNB C -0.82%
CAT B -0.8%
ZTS D -0.79%
JXN C -0.79%
CPAY A -0.77%
CFR B -0.75%
EWBC B -0.75%
AZO B -0.74%
LRCX F -0.74%
YUM B -0.73%
MCO C -0.73%
MSCI B -0.71%
DPZ C -0.7%
KLAC F -0.69%
IDXX F -0.68%
MTD F -0.68%
CBSH A -0.66%
QLYS B -0.66%
KO F -0.66%
CVX A -0.65%
MEDP D -0.64%
ADP A -0.64%
WSM F -0.63%
UNP D -0.62%
KNSL C -0.61%
PM B -0.59%
LMT D -0.57%
GWW B -0.54%
CTAS B -0.54%
T A -0.54%
ITW B -0.53%
LIN D -0.53%
FAST B -0.52%
AME A -0.5%
TDG D -0.5%
MMM C -0.5%
PAYX B -0.49%
ODFL B -0.46%
CPRT A -0.46%
NEE D -0.45%
VRSK A -0.45%
OTIS D -0.45%
TTD B -0.45%
VST B -0.4%
COP C -0.4%
MDLZ F -0.38%
CEG D -0.38%
SO D -0.35%
CL F -0.34%
MNST B -0.32%
SHW A -0.3%
KMB D -0.3%
TPL B -0.3%
EOG A -0.29%
PLD D -0.29%
AMT F -0.27%
NRG C -0.27%
LNG B -0.26%
FCX F -0.26%
HSY F -0.25%
WEC B -0.25%
SPG A -0.24%
ECL C -0.24%
PSA D -0.22%
NUE D -0.2%
MLM B -0.2%
O D -0.2%
NFG D -0.19%
WHD B -0.18%
UGI D -0.18%
EXR D -0.18%
AVB B -0.18%
AM B -0.18%
EXP B -0.17%
RS C -0.17%
VICI D -0.17%
SBAC D -0.16%
EQR C -0.16%
AVY F -0.15%
RGLD C -0.15%
ESS C -0.15%
GLPI D -0.14%
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