FLQL vs. ADME ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to Aptus Drawdown Managed Equity ETF (ADME)

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

ADME

Aptus Drawdown Managed Equity ETF

ADME Description

The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.

Grade (RS Rating)

Last Trade

$47.47

Average Daily Volume

34,161

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	ADME
30 Days	2.44%	2.15%
60 Days	3.55%	3.21%
90 Days	4.50%	4.52%
12 Months	31.26%	28.04%

36 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in ADME	Overlap
AAPL	C	7.0%	6.71%	6.71%
ABBV	D	1.33%	0.66%	0.66%
ADI	D	0.32%	0.88%	0.32%
AMAT	F	0.96%	1.42%	0.96%
AMGN	D	1.05%	0.4%	0.4%
AMZN	C	2.92%	3.8%	2.92%
AVGO	D	1.77%	2.09%	1.77%
BRK.A	B	1.11%	1.69%	1.11%
C	A	0.97%	0.62%	0.62%
CAT	B	1.27%	1.76%	1.27%
COST	B	1.7%	1.02%	1.02%
CTAS	B	0.46%	0.98%	0.46%
FANG	D	0.2%	0.72%	0.2%
GOOG	C	1.73%	3.82%	1.73%
HCA	F	0.49%	0.48%	0.48%
ISRG	A	1.3%	1.02%	1.02%
JNJ	D	1.55%	1.01%	1.01%
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%	2.51%	2.48%
MO	A	0.85%	0.58%	0.58%
MSFT	F	5.96%	6.12%	5.96%
MSI	B	0.58%	0.9%	0.58%
NVDA	C	6.71%	7.05%	6.71%
PHM	D	0.22%	0.82%	0.22%
PSA	D	0.38%	0.48%	0.38%
SO	D	0.29%	1.0%	0.29%
SYK	C	0.94%	1.75%	0.94%
TJX	A	0.95%	0.85%	0.85%
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%	0.5%	0.5%
WMT	A	1.68%	1.14%	1.14%
XOM	B	0.63%	1.8%	0.63%

FLQL Overweight 174 Positions Relative to ADME

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 ADME

Symbol	Grade	Weight
NOW	A	-2.07%
V	A	-1.79%
PGR	A	-1.65%
LIN	D	-1.31%
LOW	D	-1.24%
NFLX	A	-1.18%
MS	A	-1.13%
KO	D	-1.12%
ACN	C	-1.11%
MAR	B	-1.11%
TMO	F	-1.09%
FI	A	-1.07%
INTU	C	-1.07%
PG	A	-1.06%
CSX	B	-1.04%
MCD	D	-1.0%
BAC	A	-1.0%
HON	B	-0.9%
MMC	B	-0.88%
AMT	D	-0.79%
ABT	B	-0.79%
BMY	B	-0.72%
DLR	B	-0.69%
ICE	C	-0.69%
NEE	D	-0.68%
MKC	D	-0.67%
ETN	A	-0.63%
DUK	C	-0.62%
TYL	B	-0.6%
DE	A	-0.58%
EOG	A	-0.47%
AMD	F	-0.47%
ADBE	C	-0.46%
SHW	A	-0.44%
BR	A	-0.41%
CMCSA	B	-0.39%
FCX	D	-0.36%
ADP	B	-0.32%
SLB	C	-0.25%