FLQL vs. ALTL ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to Pacer Lunt Large Cap Alternator ETF (ALTL)

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

ALTL

Pacer Lunt Large Cap Alternator ETF

ALTL Description

A strategy-driven large cap exchange traded fund (ETF) that seeks to track the investment returns of an index that alternates exposure between low volatility and high beta stocks in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$39.40

Average Daily Volume

32,904

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	ALTL
30 Days	2.44%	2.22%
60 Days	3.55%	3.27%
90 Days	4.50%	5.68%
12 Months	31.26%	19.87%

30 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in ALTL	Overlap
AVB	B	0.1%	0.91%	0.1%
BRK.A	B	1.11%	1.31%	1.11%
BSX	B	0.84%	1.02%	0.84%
CB	C	0.56%	1.01%	0.56%
CL	D	0.52%	1.23%	0.52%
CTAS	B	0.46%	0.94%	0.46%
GD	F	0.39%	1.03%	0.39%
HIG	B	0.19%	0.9%	0.19%
HLT	A	0.33%	0.94%	0.33%
JNJ	D	1.55%	1.11%	1.11%
KMB	D	0.14%	0.98%	0.14%
LDOS	C	0.17%	0.72%	0.17%
LMT	D	0.4%	1.04%	0.4%
LYB	F	0.16%	0.9%	0.16%
MA	C	1.79%	1.12%	1.12%
MO	A	0.85%	0.93%	0.85%
MSI	B	0.58%	1.07%	0.58%
O	D	0.15%	0.92%	0.15%
PEG	A	0.22%	1.03%	0.22%
PKG	A	0.15%	0.88%	0.15%
PM	B	0.71%	0.95%	0.71%
RSG	A	0.31%	1.22%	0.31%
RTX	C	0.5%	0.94%	0.5%
SO	D	0.29%	1.0%	0.29%
SYK	C	0.94%	0.97%	0.94%
TJX	A	0.95%	1.03%	0.95%
TMUS	B	0.59%	1.17%	0.59%
VICI	C	0.1%	0.92%	0.1%
WM	A	0.67%	0.96%	0.67%
WMT	A	1.68%	0.92%	0.92%

FLQL Overweight 180 Positions Relative to ALTL

Symbol	Grade	Weight
AAPL	C	7.0%
NVDA	C	6.71%
MSFT	F	5.96%
AMZN	C	2.92%
META	D	2.48%
GOOGL	C	2.04%
AVGO	D	1.77%
GOOG	C	1.73%
COST	B	1.7%
ABBV	D	1.33%
IBM	C	1.31%
LLY	F	1.31%
ISRG	A	1.3%
CAT	B	1.27%
VZ	C	1.24%
TXN	C	1.24%
JPM	A	1.23%
QCOM	F	1.22%
MRK	F	1.21%
BKNG	A	1.19%
TSLA	B	1.13%
T	A	1.07%
AMGN	D	1.05%
C	A	0.97%
AMAT	F	0.96%
VRTX	F	0.92%
ORCL	B	0.88%
ANET	C	0.77%
KLAC	D	0.67%
LRCX	F	0.66%
TT	A	0.65%
XOM	B	0.63%
GS	A	0.6%
APH	A	0.6%
REGN	F	0.59%
CMG	B	0.57%
CI	F	0.56%
MCO	B	0.56%
PH	A	0.52%
UNH	C	0.52%
HCA	F	0.49%
SPG	B	0.46%
PCAR	B	0.44%
APP	B	0.42%
GWW	B	0.38%
PSA	D	0.38%
URI	B	0.38%
DHI	D	0.36%
GM	B	0.35%
FAST	B	0.33%
ADI	D	0.32%
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%
PHM	D	0.22%
DECK	A	0.22%
SYF	B	0.21%
HPE	B	0.21%
NTAP	C	0.21%
DAL	C	0.2%
FANG	D	0.2%
DELL	C	0.19%
GLW	B	0.19%
NVR	D	0.19%
IRM	D	0.18%
FICO	B	0.17%
EBAY	D	0.17%
WAB	B	0.17%
RCL	A	0.17%
TPL	A	0.16%
ETR	B	0.16%
STLD	B	0.16%
LII	A	0.15%
CSL	C	0.15%
TSCO	D	0.15%
WSM	B	0.15%
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%
NFG	A	0.1%
DVA	B	0.1%
ADC	B	0.1%
DKS	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 70 Positions Relative to ALTL

Symbol	Grade	Weight
KO	D	-1.37%
PG	A	-1.22%
ATO	A	-1.21%
MMC	B	-1.17%
L	A	-1.14%
ADP	B	-1.1%
HON	B	-1.1%
V	A	-1.09%
ITW	B	-1.09%
PPL	B	-1.09%
CHD	B	-1.07%
YUM	B	-1.07%
FI	A	-1.07%
DUK	C	-1.07%
LIN	D	-1.07%
ICE	C	-1.06%
KMI	A	-1.06%
LNT	A	-1.05%
NI	A	-1.04%
PEP	F	-1.04%
CME	A	-1.04%
FE	C	-1.04%
EA	A	-1.03%
CMS	C	-1.03%
EVRG	A	-1.02%
SPGI	C	-1.01%
SRE	A	-1.01%
ED	D	-1.0%
MDLZ	F	-0.99%
WMB	A	-0.98%
OKE	A	-0.98%
COR	B	-0.98%
BK	A	-0.98%
WEC	A	-0.97%
ROP	B	-0.97%
ABT	B	-0.97%
BR	A	-0.97%
MCD	D	-0.96%
KDP	D	-0.96%
WTW	B	-0.95%
EIX	B	-0.95%
HOLX	D	-0.95%
OTIS	C	-0.94%
AJG	B	-0.94%
WELL	A	-0.94%
STZ	D	-0.94%
NDAQ	A	-0.93%
CVX	A	-0.93%
PPG	F	-0.93%
VRSN	F	-0.93%
REG	B	-0.92%
MDT	D	-0.92%
BRO	B	-0.92%
AVY	D	-0.92%
PCG	A	-0.92%
AMP	A	-0.92%
ORLY	B	-0.91%
ECL	D	-0.91%
UNP	C	-0.91%
LHX	C	-0.9%
PNW	B	-0.9%
DTE	C	-0.9%
AEP	D	-0.9%
FRT	B	-0.89%
JKHY	D	-0.89%
SYY	B	-0.89%
GIS	D	-0.88%
PAYX	C	-0.87%
NOC	D	-0.87%
CSX	B	-0.85%