FLCO vs. VALQ ETF Comparison

Comparison of Franklin Liberty Investment Grade Corporate ETF (FLCO) to American Century STOXX U.S. Quality Value ETF (VALQ)

FLCO

Franklin Liberty Investment Grade Corporate ETF

FLCO Description

The fund seeks to provide a high level of current income as is consistent with prudent investing, while seeking preservation of capital, by investing at least 80% of its net assets in investment grade corporate debt securities and investments. The Fund may invest up to 40% of its net assets in foreign securities, including those in developing markets, and up to 15% of its net assets in non-U.S. dollar denominated securities.

Grade (RS Rating)

Last Trade

$21.25

Average Daily Volume

52,622

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$56.63

Average Daily Volume

7,435

Number of Holdings ^*

228

* may have additional holdings in another (foreign) market

Performance

Period	FLCO	VALQ
30 Days	0.33%	0.37%
60 Days	1.92%	2.23%
90 Days	2.00%	-0.79%
12 Months	6.40%	16.98%

13 Overlapping Holdings

Symbol	Grade	Weight in FLCO	Weight in VALQ	Overlap
AAPL	A	0.85%	1.87%	0.85%
ABBV	C	0.92%	1.15%	0.92%
ALL	D	0.38%	0.25%	0.25%
AMZN	A	0.6%	0.09%	0.09%
CI	D	0.96%	1.15%	0.96%
CMCSA	F	0.82%	2.12%	0.82%
FDX	B	0.86%	0.19%	0.19%
JBL	F	0.58%	0.48%	0.48%
KR	C	0.6%	0.98%	0.6%
LMT	C	0.48%	0.16%	0.16%
MSFT	A	0.35%	1.2%	0.35%
NOW	A	0.92%	0.16%	0.16%
XOM	D	0.55%	0.16%	0.16%

FLCO Overweight 40 Positions Relative to VALQ

Symbol	Grade	Weight
BAC	B	2.39%
CAF	F	1.87%
LVS	F	1.81%
VZ	B	1.64%
BA	C	1.38%
BABA	D	1.24%
GJS	D	1.13%
EXC	D	1.11%
TAK	C	1.02%
PNC	C	0.93%
CARR	C	0.9%
HCA	C	0.88%
MHK	D	0.8%
AFL	B	0.79%
TFC	B	0.77%
C	B	0.75%
ET	B	0.73%
UNH	D	0.72%
AL	C	0.68%
NOC	D	0.66%
GPJA	A	0.63%
MET	D	0.61%
ACGL	C	0.61%
CF	F	0.6%
JWN	B	0.57%
FLEX	D	0.56%
NWG	A	0.54%
DUK	C	0.51%
HII	D	0.49%
AON	C	0.49%
DLTR	F	0.46%
CVX	D	0.44%
GPJA	A	0.4%
RPRX	F	0.4%
AZO	C	0.37%
PSX	D	0.35%
DHI	D	0.33%
DVN	D	0.31%
WMB	B	0.3%
STZ	B	0.29%

FLCO Underweight 215 Positions Relative to VALQ

Symbol	Grade	Weight
WMT	A	-2.73%
MCK	B	-2.48%
TEL	B	-2.45%
QCOM	B	-2.07%
HPQ	C	-1.78%
KMB	B	-1.46%
CTSH	C	-1.33%
GOOGL	A	-1.32%
EBAY	B	-1.28%
MSI	B	-1.28%
TGT	D	-1.26%
CL	B	-1.26%
DCI	D	-1.24%
SEIC	D	-1.22%
CTAS	A	-1.22%
PG	C	-1.2%
CSCO	D	-1.18%
FFIV	C	-1.13%
ROL	A	-1.12%
NFLX	A	-1.11%
HD	C	-1.11%
IBM	B	-1.11%
DOX	D	-1.07%
OC	D	-1.06%
REYN	D	-1.05%
KO	A	-1.02%
VLTO	D	-1.0%
NYT	A	-0.98%
GWW	C	-0.96%
BBY	C	-0.96%
INGR	D	-0.94%
ITW	D	-0.94%
KLAC	B	-0.92%
MO	A	-0.92%
NTAP	A	-0.91%
LYB	D	-0.91%
MANH	B	-0.89%
SPG	C	-0.89%
MTG	B	-0.83%
MAS	D	-0.77%
CLX	D	-0.77%
MTD	D	-0.76%
MPC	D	-0.76%
AYI	D	-0.74%
DELL	C	-0.73%
JLL	B	-0.67%
MEDP	C	-0.67%
ETN	C	-0.66%
WSM	D	-0.65%
GPC	D	-0.62%
OTIS	B	-0.6%
NSIT	C	-0.6%
AMKR	B	-0.57%
GPS	C	-0.55%
COLM	D	-0.54%
COKE	B	-0.53%
TPR	C	-0.51%
SFM	B	-0.51%
LECO	F	-0.47%
CAH	D	-0.44%
DOCU	C	-0.44%
HRB	B	-0.42%
DKS	C	-0.37%
QLYS	D	-0.36%
BAH	C	-0.36%
DVA	C	-0.35%
EME	D	-0.33%
DBX	D	-0.31%
DDS	D	-0.31%
APH	B	-0.3%
FLS	D	-0.3%
LEN	D	-0.29%
ALLE	D	-0.28%
GILD	C	-0.28%
SYF	B	-0.28%
ECL	B	-0.26%
DPZ	D	-0.25%
GIS	D	-0.24%
CRUS	A	-0.24%
JNJ	F	-0.24%
UTHR	B	-0.23%
NEU	D	-0.23%
PEP	D	-0.23%
FLO	D	-0.23%
AMAT	B	-0.22%
TXRH	B	-0.22%
OZK	D	-0.22%
LRCX	B	-0.21%
GDDY	A	-0.21%
HUBB	C	-0.21%
MLI	C	-0.21%
BKNG	B	-0.2%
SWKS	C	-0.19%
AIT	C	-0.19%
SNX	D	-0.18%
EXEL	C	-0.18%
PHM	D	-0.18%
FOXA	B	-0.18%
ALSN	D	-0.18%
META	A	-0.18%
M	C	-0.18%
FIZZ	B	-0.18%
AMCR	D	-0.18%
EXPE	C	-0.18%
ADBE	B	-0.18%
AVGO	B	-0.18%
AXS	C	-0.18%
NVR	D	-0.17%
VRSN	C	-0.17%
SKX	C	-0.17%
MMM	B	-0.17%
RL	C	-0.17%
EA	B	-0.17%
INFA	B	-0.17%
PGR	B	-0.17%
GM	B	-0.17%
TROW	C	-0.17%
VRTX	B	-0.17%
APP	B	-0.17%
TER	A	-0.17%
RGA	C	-0.17%
ADTN	D	-0.17%
STLD	D	-0.17%
INCY	D	-0.17%
THC	C	-0.17%
VLO	D	-0.17%
EEFT	D	-0.17%
EXPD	B	-0.17%
VMI	C	-0.17%
UHS	C	-0.17%
TMHC	D	-0.16%
V	C	-0.16%
TRV	D	-0.16%
TRMB	C	-0.16%
UPS	D	-0.16%
FIS	B	-0.16%
EG	D	-0.16%
DGX	C	-0.16%
STT	C	-0.16%
POST	C	-0.16%
TXT	D	-0.16%
PEGA	D	-0.16%
CMG	D	-0.16%
FTNT	C	-0.16%
K	D	-0.16%
CPB	B	-0.16%
JKHY	C	-0.16%
AMG	D	-0.16%
DLB	D	-0.16%
AOS	D	-0.16%
ITT	D	-0.16%
NTRS	C	-0.16%
USFD	C	-0.16%
SPSC	B	-0.16%
EVR	A	-0.16%
EXPO	C	-0.16%
OMF	D	-0.16%
ALKS	C	-0.16%
NXST	B	-0.16%
L	D	-0.16%
EHC	B	-0.16%
PKG	C	-0.16%
MMS	B	-0.16%
ELV	C	-0.16%
CACI	B	-0.16%
HIG	C	-0.16%
BK	B	-0.16%
GL	D	-0.16%
TOL	D	-0.16%
SF	B	-0.16%
CROX	C	-0.16%
TKR	D	-0.15%
WTS	D	-0.15%
BWA	F	-0.15%
ESAB	D	-0.15%
AN	D	-0.15%
CAG	D	-0.15%
BMI	C	-0.15%
ZM	F	-0.15%
WU	D	-0.15%
KEYS	D	-0.15%
OMC	D	-0.15%
G	D	-0.15%
RHI	F	-0.15%
PVH	F	-0.15%
PCAR	D	-0.15%
SNA	F	-0.15%
AKAM	F	-0.15%
SHW	D	-0.15%
FAST	D	-0.15%
CMC	D	-0.15%
AXTA	D	-0.15%
UNM	D	-0.15%
SAIC	D	-0.14%
CNC	D	-0.14%
MSM	F	-0.14%
NSP	F	-0.14%
NUE	F	-0.14%
RMD	C	-0.14%
TT	B	-0.13%
CNM	D	-0.13%
PH	D	-0.11%
ROST	B	-0.1%
TJX	A	-0.1%
ADSK	B	-0.1%
CAT	D	-0.1%
SYY	D	-0.09%
ORI	D	-0.09%
FICO	A	-0.09%
LAMR	B	-0.09%
WK	F	-0.08%
HSY	F	-0.08%
PPG	D	-0.08%
IDXX	D	-0.08%
BRBR	B	-0.08%