FLQL vs. ACIO ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to Aptus Collared Income Opportunity ETF (ACIO)

FLQL

Franklin LibertyQ U.S. Equity ETF

FLQL Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Large Cap Equity Index (the U.S. Large Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Large Cap underlying index. The U.S. Large Cap underlying index is based on the Russell 1000® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$59.85

Average Daily Volume

76,630

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

ACIO

Aptus Collared Income Opportunity ETF

ACIO Description

The investment seeks current income and capital appreciation. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective principally by investing in a portfolio of large capitalization U.S.-listed equity securities and an options collar (i.e., a mix of written (sold) call options and long (bought) put options) on the same underlying equity securities. It may write call options on up to 100% of each equity position held in the portfolio and will use a portion of the premium received from writing such call options to purchase put options. It is non-diversified.

Grade (RS Rating)

Last Trade

$40.68

Average Daily Volume

177,408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	ACIO
30 Days	2.44%	1.67%
60 Days	3.55%	2.81%
90 Days	4.50%	3.89%
12 Months	31.26%	26.46%

36 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in ACIO	Overlap
AAPL	C	7.0%	6.73%	6.73%
ABBV	D	1.33%	0.65%	0.65%
ADI	D	0.32%	0.87%	0.32%
AMAT	F	0.96%	1.44%	0.96%
AMGN	D	1.05%	0.39%	0.39%
AMZN	C	2.92%	3.83%	2.92%
AVGO	D	1.77%	2.09%	1.77%
BRK.A	B	1.11%	1.7%	1.11%
C	A	0.97%	0.61%	0.61%
CAT	B	1.27%	1.75%	1.27%
COST	B	1.7%	1.01%	1.01%
CTAS	B	0.46%	0.97%	0.46%
FANG	D	0.2%	0.72%	0.2%
GOOG	C	1.73%	3.84%	1.73%
HCA	F	0.49%	0.48%	0.48%
ISRG	A	1.3%	1.02%	1.02%
JNJ	D	1.55%	1.02%	1.02%
JPM	A	1.23%	1.94%	1.23%
LLY	F	1.31%	1.31%	1.31%
LMT	D	0.4%	1.68%	0.4%
META	D	2.48%	2.52%	2.48%
MO	A	0.85%	0.58%	0.58%
MSFT	F	5.96%	6.13%	5.96%
MSI	B	0.58%	0.9%	0.58%
NVDA	C	6.71%	7.06%	6.71%
PHM	D	0.22%	0.82%	0.22%
PSA	D	0.38%	0.47%	0.38%
SO	D	0.29%	1.01%	0.29%
SYK	C	0.94%	1.76%	0.94%
TJX	A	0.95%	0.84%	0.84%
TMUS	B	0.59%	1.22%	0.59%
TSLA	B	1.13%	1.93%	1.13%
UNH	C	0.52%	1.3%	0.52%
VRTX	F	0.92%	0.49%	0.49%
WMT	A	1.68%	1.15%	1.15%
XOM	B	0.63%	1.83%	0.63%

FLQL Overweight 174 Positions Relative to ACIO

Symbol	Grade	Weight
GOOGL	C	2.04%
MA	C	1.79%
IBM	C	1.31%
VZ	C	1.24%
TXN	C	1.24%
QCOM	F	1.22%
MRK	F	1.21%
BKNG	A	1.19%
T	A	1.07%
ORCL	B	0.88%
BSX	B	0.84%
ANET	C	0.77%
PM	B	0.71%
WM	A	0.67%
KLAC	D	0.67%
LRCX	F	0.66%
TT	A	0.65%
GS	A	0.6%
APH	A	0.6%
REGN	F	0.59%
CMG	B	0.57%
CI	F	0.56%
CB	C	0.56%
MCO	B	0.56%
PH	A	0.52%
CL	D	0.52%
RTX	C	0.5%
SPG	B	0.46%
PCAR	B	0.44%
APP	B	0.42%
GD	F	0.39%
GWW	B	0.38%
URI	B	0.38%
DHI	D	0.36%
GM	B	0.35%
HLT	A	0.33%
FAST	B	0.33%
RSG	A	0.31%
LEN	D	0.3%
HPQ	B	0.29%
ELV	F	0.28%
ACGL	D	0.26%
CMI	A	0.26%
HWM	A	0.25%
GRMN	B	0.25%
CTSH	B	0.24%
MCHP	D	0.23%
AFL	B	0.23%
SPOT	B	0.22%
PEG	A	0.22%
DECK	A	0.22%
SYF	B	0.21%
HPE	B	0.21%
NTAP	C	0.21%
DAL	C	0.2%
DELL	C	0.19%
HIG	B	0.19%
GLW	B	0.19%
NVR	D	0.19%
IRM	D	0.18%
LDOS	C	0.17%
FICO	B	0.17%
EBAY	D	0.17%
WAB	B	0.17%
RCL	A	0.17%
LYB	F	0.16%
TPL	A	0.16%
ETR	B	0.16%
STLD	B	0.16%
PKG	A	0.15%
LII	A	0.15%
CSL	C	0.15%
TSCO	D	0.15%
O	D	0.15%
WSM	B	0.15%
KMB	D	0.14%
WSO	A	0.13%
OC	A	0.13%
TOL	B	0.13%
RMD	C	0.13%
CFG	B	0.13%
IP	B	0.13%
TNL	A	0.12%
NRG	B	0.12%
EME	C	0.12%
AWI	A	0.12%
RL	B	0.12%
JEF	A	0.12%
MAS	D	0.12%
AYI	B	0.12%
EVR	B	0.12%
UTHR	C	0.12%
FIX	A	0.12%
ALSN	B	0.12%
DTM	B	0.12%
AXS	A	0.11%
LNC	B	0.11%
BJ	A	0.11%
MUSA	A	0.11%
FOXA	B	0.11%
EXR	D	0.11%
PPC	C	0.11%
FOX	A	0.11%
CW	B	0.11%
DPZ	C	0.11%
R	B	0.11%
LOPE	B	0.11%
CASY	A	0.11%
RGA	A	0.11%
G	B	0.11%
CF	B	0.11%
ESS	B	0.11%
TXRH	C	0.11%
JHG	A	0.11%
THC	D	0.11%
BBY	D	0.11%
UGI	A	0.1%
OHI	C	0.1%
ROL	B	0.1%
SCCO	F	0.1%
K	A	0.1%
EMN	D	0.1%
DGX	A	0.1%
CLH	B	0.1%
LAMR	D	0.1%
UHS	D	0.1%
AVB	B	0.1%
NFG	A	0.1%
DVA	B	0.1%
ADC	B	0.1%
DKS	C	0.1%
VICI	C	0.1%
KRC	C	0.1%
INGR	B	0.1%
KEX	C	0.1%
RGLD	C	0.1%
EHC	B	0.1%
CHRW	C	0.1%
CUZ	B	0.1%
AMCR	D	0.09%
WU	D	0.09%
JNPR	F	0.09%
NNN	D	0.09%
MPWR	F	0.09%
EPR	D	0.09%
PK	B	0.09%
SNX	C	0.09%
CACI	D	0.09%
NEU	C	0.09%
GAP	C	0.09%
GPK	C	0.09%
CHE	D	0.09%
LEN	D	0.09%
HRB	D	0.09%
GLPI	C	0.09%
AVT	C	0.09%
OMC	C	0.09%
SWKS	F	0.09%
MTG	C	0.09%
M	D	0.09%
SSNC	B	0.09%
HIW	D	0.09%
APA	D	0.08%
CRI	D	0.08%
WING	D	0.08%
COKE	C	0.08%
CIVI	D	0.08%
MEDP	D	0.08%
DVN	F	0.08%
TER	D	0.08%
CROX	D	0.07%
OGN	D	0.07%
CRUS	D	0.07%
MDU	D	0.07%

FLQL Underweight 39 Positions Relative to ACIO

Symbol	Grade	Weight
NOW	A	-2.06%
V	A	-1.8%
PGR	A	-1.66%
LIN	D	-1.3%
LOW	D	-1.24%
NFLX	A	-1.18%
MS	A	-1.14%
KO	D	-1.12%
ACN	C	-1.12%
MAR	B	-1.12%
TMO	F	-1.09%
PG	A	-1.07%
INTU	C	-1.07%
FI	A	-1.07%
CSX	B	-1.05%
MCD	D	-1.01%
BAC	A	-1.01%
HON	B	-0.91%
MMC	B	-0.88%
ABT	B	-0.79%
AMT	D	-0.79%
BMY	B	-0.72%
ICE	C	-0.7%
NEE	D	-0.68%
DLR	B	-0.68%
MKC	D	-0.67%
DUK	C	-0.63%
ETN	A	-0.62%
TYL	B	-0.6%
DE	A	-0.57%
AMD	F	-0.47%
EOG	A	-0.47%
ADBE	C	-0.45%
SHW	A	-0.43%
BR	A	-0.41%
CMCSA	B	-0.39%
FCX	D	-0.36%
ADP	B	-0.31%
SLB	C	-0.25%