FLQL vs. GRID ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)

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

$57.69

Average Daily Volume

53,859

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$125.79

Average Daily Volume

108,638

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	GRID
30 Days	0.58%	3.31%
60 Days	4.87%	11.42%
90 Days	2.56%	6.60%
12 Months	36.70%	39.20%

8 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in GRID	Overlap
ABBV	A	1.56%	7.67%	1.56%
ADI	C	0.35%	0.78%	0.35%
IBM	B	1.41%	1.38%	1.38%
NVDA	C	5.84%	1.89%	1.89%
ORCL	B	0.8%	1.96%	0.8%
QCOM	D	1.25%	1.29%	1.25%
TSLA	C	0.86%	2.17%	0.86%
TXN	C	1.24%	1.27%	1.24%

FLQL Overweight 202 Positions Relative to GRID

Symbol	Grade	Weight
AAPL	C	7.04%
MSFT	D	6.21%
AMZN	C	2.84%
META	A	2.56%
GOOGL	B	1.9%
AVGO	C	1.89%
MA	A	1.69%
COST	C	1.68%
LLY	D	1.68%
JNJ	D	1.65%
WMT	A	1.63%
GOOG	B	1.62%
MRK	F	1.45%
VZ	A	1.32%
CAT	A	1.29%
AMGN	D	1.26%
ISRG	A	1.2%
AMAT	B	1.11%
JPM	D	1.07%
BRK.A	C	1.06%
T	A	1.01%
BKNG	C	1.0%
TJX	C	0.94%
VRTX	D	0.92%
SYK	C	0.88%
C	B	0.87%
KLAC	B	0.85%
REGN	D	0.82%
ANET	A	0.81%
BSX	A	0.78%
MO	D	0.77%
LRCX	D	0.75%
PM	C	0.66%
WM	B	0.64%
CI	D	0.62%
XOM	A	0.62%
TT	A	0.62%
HCA	B	0.59%
MCO	D	0.58%
APH	D	0.58%
CL	D	0.58%
CMG	C	0.57%
CB	A	0.57%
MSI	A	0.53%
RTX	A	0.51%
GS	C	0.51%
UNH	B	0.51%
TMUS	A	0.5%
PH	A	0.47%
DHI	C	0.44%
LMT	A	0.44%
SPG	A	0.44%
CTAS	B	0.44%
GD	A	0.42%
PCAR	D	0.4%
PSA	C	0.4%
ELV	F	0.38%
URI	C	0.37%
LEN	B	0.33%
GWW	A	0.33%
GM	D	0.31%
HLT	A	0.31%
FAST	B	0.3%
SO	A	0.3%
RSG	D	0.3%
ACGL	A	0.3%
HPQ	C	0.28%
MCHP	F	0.27%
PHM	A	0.25%
CTSH	B	0.24%
AFL	A	0.23%
NVR	A	0.23%
CMI	B	0.23%
HWM	A	0.22%
PEG	A	0.22%
NTAP	D	0.22%
GRMN	D	0.21%
DECK	B	0.2%
FANG	D	0.2%
HPE	B	0.19%
APP	A	0.19%
IRM	A	0.19%
GLW	B	0.19%
HIG	A	0.19%
WSM	B	0.18%
LYB	D	0.18%
EBAY	A	0.18%
DELL	C	0.17%
O	A	0.17%
SPOT	B	0.17%
SYF	B	0.16%
WAB	A	0.16%
LDOS	A	0.16%
FICO	A	0.15%
STLD	B	0.15%
LII	C	0.15%
KMB	B	0.15%
CSL	A	0.15%
DAL	C	0.15%
TSCO	A	0.15%
RMD	C	0.14%
ETR	A	0.14%
MPWR	B	0.14%
THC	C	0.13%
BBY	B	0.13%
RCL	C	0.13%
MAS	A	0.13%
TOL	A	0.13%
PKG	C	0.13%
CFG	D	0.12%
EXR	C	0.12%
WSO	C	0.12%
UHS	D	0.12%
DPZ	D	0.11%
DVA	C	0.11%
RGA	C	0.11%
TPL	B	0.11%
EVR	C	0.11%
FIX	A	0.11%
LAMR	C	0.11%
KRC	C	0.11%
TER	C	0.11%
VICI	C	0.11%
SCCO	B	0.11%
UTHR	C	0.11%
CF	A	0.11%
RL	B	0.11%
NRG	A	0.11%
DKS	D	0.11%
SWKS	F	0.11%
IP	C	0.11%
ESS	C	0.11%
OC	C	0.11%
GPK	C	0.1%
AMCR	B	0.1%
NEU	F	0.1%
LNC	D	0.1%
GLPI	A	0.1%
WU	D	0.1%
K	B	0.1%
MTG	B	0.1%
JNPR	B	0.1%
PK	D	0.1%
UGI	C	0.1%
SSNC	C	0.1%
DTM	A	0.1%
MEDP	F	0.1%
G	A	0.1%
OMC	C	0.1%
AXS	A	0.1%
INGR	A	0.1%
HRB	C	0.1%
CHE	C	0.1%
FOX	A	0.1%
ALSN	A	0.1%
LEN	B	0.1%
LOPE	D	0.1%
ROL	B	0.1%
CROX	C	0.1%
CRI	D	0.1%
ADC	B	0.1%
NFG	A	0.1%
FOXA	A	0.1%
RGLD	C	0.1%
NNN	A	0.1%
TNL	B	0.1%
JHG	C	0.1%
CW	A	0.1%
EHC	B	0.1%
BJ	D	0.1%
OHI	C	0.1%
CACI	A	0.1%
R	C	0.1%
EPR	C	0.1%
CASY	D	0.1%
CLH	C	0.1%
TXRH	A	0.1%
EMN	C	0.1%
WING	B	0.1%
HIW	C	0.1%
AVB	C	0.1%
KEX	C	0.1%
AYI	A	0.1%
JEF	A	0.1%
CUZ	C	0.1%
EME	C	0.1%
MDU	C	0.1%
CHRW	A	0.1%
AWI	A	0.1%
CIVI	F	0.09%
OGN	F	0.09%
APA	F	0.09%
COKE	B	0.09%
GAP	F	0.09%
DVN	F	0.09%
PPC	B	0.09%
SNX	C	0.09%
M	F	0.09%
DGX	B	0.09%
AVT	C	0.09%
MUSA	D	0.08%
CRUS	D	0.08%

FLQL Underweight 36 Positions Relative to GRID

Symbol	Grade	Weight
ETN	C	-8.39%
JCI	B	-7.85%
PWR	B	-4.12%
HUBB	A	-3.87%
APTV	D	-2.98%
ENPH	D	-2.45%
NVT	D	-1.7%
CSCO	A	-1.44%
HON	C	-0.97%
ITRI	C	-0.69%
AEIS	F	-0.5%
ATKR	F	-0.49%
GEV	B	-0.45%
EMR	B	-0.44%
NXPI	F	-0.37%
MYRG	F	-0.22%
FLNC	C	-0.19%
SEDG	F	-0.18%
AMSC	C	-0.13%
TRMB	B	-0.1%
WLDN	A	-0.09%
AES	B	-0.08%
GNRC	B	-0.06%
WCC	C	-0.05%
PLPC	D	-0.05%
MTZ	B	-0.05%
VMI	B	-0.04%
LFUS	C	-0.04%
ENS	D	-0.03%
BDC	B	-0.03%
ACA	C	-0.03%
STM	F	-0.02%
ESE	B	-0.02%
DGII	B	-0.01%
AZZ	C	-0.01%
EBR	D	-0.0%

GRID: Top Represented Industries & Keywords

Industries: Electronic Components Semiconductors Diversified Industrials Engineering & Construction Scientific & Technical Instruments Communication Equipment Utilities - Renewable Auto Manufacturers Auto Parts Drug Manufacturers - Major Electronics Distribution Industrial Distribution Information Technology Services Infrastructure Operations Metal Fabrication Semiconductor Equipment & Materials Software - Infrastructure Solar Specialty Industrial Machinery Utilities - Diversified