FLQL vs. JEPI ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to JPMorgan Equity Premium Income ETF (JEPI)

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

$59.18

Average Daily Volume

80,816

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

JEPI

JPMorgan Equity Premium Income ETF

JEPI Description

The investment seeks current income while maintaining prospects for capital appreciation. The fund seeks to provide the majority of the returns associated with its primary benchmark, the Standard & Poor's 500 Total Return Index (S&P 500 Index), while exposing investors to less risk through lower volatility and still offering incremental income. Under normal circumstances, the fund invests at least 80% of its assets in equity securities. It may also invest in other equity securities not included in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$59.41

Average Daily Volume

2,874,722

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	JEPI
30 Days	0.24%	-0.18%
60 Days	2.74%	1.76%
90 Days	3.77%	4.48%
12 Months	29.96%	13.16%

40 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in JEPI	Overlap
AAPL	C	6.72%	0.65%	0.65%
ABBV	F	1.36%	1.31%	1.31%
ADI	D	0.33%	1.2%	0.33%
AMZN	B	2.93%	1.65%	1.65%
BKNG	A	1.16%	0.79%	0.79%
BRK.A	B	1.07%	0.69%	0.69%
BSX	A	0.8%	0.45%	0.45%
CB	C	0.53%	0.36%	0.36%
CMG	C	0.56%	0.86%	0.56%
COST	A	1.68%	1.14%	1.14%
CTSH	C	0.25%	0.87%	0.25%
ELV	F	0.29%	0.36%	0.29%
ETR	A	0.15%	0.1%	0.1%
GOOGL	B	2.05%	1.41%	1.41%
GWW	B	0.38%	0.14%	0.14%
HWM	A	0.24%	0.23%	0.23%
JNJ	D	1.51%	0.39%	0.39%
LDOS	C	0.21%	0.35%	0.21%
LLY	F	1.46%	0.88%	0.88%
LYB	F	0.16%	0.17%	0.16%
MA	B	1.78%	1.6%	1.6%
META	C	2.55%	1.57%	1.57%
MO	A	0.79%	0.2%	0.2%
MRK	F	1.23%	0.29%	0.29%
MSFT	D	5.85%	1.42%	1.42%
MSI	B	0.58%	0.32%	0.32%
NVDA	A	6.79%	1.71%	1.71%
PEG	C	0.21%	0.77%	0.21%
PM	A	0.66%	0.32%	0.32%
REGN	F	0.63%	0.99%	0.63%
RTX	D	0.51%	0.59%	0.51%
SO	C	0.28%	1.5%	0.28%
SYK	A	0.89%	1.29%	0.89%
TT	A	0.65%	1.74%	0.65%
TXN	C	1.27%	1.18%	1.18%
UNH	C	0.54%	1.36%	0.54%
URI	B	0.39%	0.33%	0.33%
VRTX	D	0.97%	1.21%	0.97%
WMT	A	1.64%	0.65%	0.65%
XOM	B	0.62%	0.94%	0.62%

FLQL Overweight 170 Positions Relative to JEPI

Symbol	Grade	Weight
AVGO	C	1.87%
GOOG	B	1.74%
IBM	C	1.31%
CAT	C	1.28%
ISRG	A	1.28%
QCOM	F	1.21%
AMGN	D	1.19%
JPM	A	1.18%
VZ	C	1.16%
TSLA	A	1.14%
AMAT	F	1.03%
T	A	1.01%
C	B	0.96%
TJX	A	0.92%
ORCL	A	0.88%
ANET	C	0.8%
KLAC	F	0.71%
LRCX	F	0.7%
WM	B	0.67%
APH	B	0.62%
GS	B	0.6%
TMUS	B	0.58%
CI	D	0.58%
MCO	D	0.56%
PH	B	0.52%
HCA	F	0.51%
CL	D	0.5%
CTAS	B	0.47%
PCAR	C	0.45%
SPG	A	0.45%
LMT	D	0.42%
GD	D	0.42%
APP	A	0.4%
DHI	D	0.37%
PSA	C	0.36%
GM	B	0.35%
FAST	B	0.34%
HLT	A	0.32%
LEN	D	0.3%
RSG	A	0.3%
HPQ	B	0.28%
ACGL	D	0.26%
GRMN	B	0.25%
CMI	A	0.25%
MCHP	F	0.24%
DECK	A	0.22%
AFL	C	0.22%
PHM	D	0.22%
SYF	B	0.21%
HPE	B	0.21%
NTAP	C	0.21%
NVR	D	0.2%
GLW	B	0.2%
HIG	B	0.19%
DELL	B	0.19%
FANG	D	0.19%
DAL	A	0.19%
SPOT	B	0.18%
IRM	C	0.18%
STLD	B	0.17%
EBAY	D	0.17%
FICO	B	0.17%
RCL	A	0.17%
WAB	B	0.17%
LII	A	0.15%
WSM	D	0.15%
TSCO	D	0.15%
CSL	C	0.15%
TPL	A	0.15%
O	C	0.15%
KMB	C	0.14%
PKG	B	0.14%
EVR	B	0.13%
CFG	B	0.13%
IP	A	0.13%
TOL	B	0.13%
RMD	C	0.13%
NRG	B	0.12%
CW	B	0.12%
JEF	A	0.12%
AWI	B	0.12%
DTM	A	0.12%
UTHR	C	0.12%
RL	C	0.12%
EME	A	0.12%
AYI	B	0.12%
THC	C	0.12%
OC	A	0.12%
MAS	D	0.12%
ALSN	B	0.12%
FIX	A	0.12%
WSO	A	0.12%
CUZ	B	0.11%
RGA	B	0.11%
LNC	B	0.11%
EHC	B	0.11%
DPZ	C	0.11%
BJ	B	0.11%
CF	A	0.11%
PPC	B	0.11%
KRC	C	0.11%
CASY	A	0.11%
INGR	B	0.11%
TXRH	B	0.11%
R	B	0.11%
ESS	A	0.11%
BBY	D	0.11%
G	B	0.11%
LOPE	B	0.11%
CACI	C	0.11%
JHG	B	0.11%
TNL	B	0.11%
EMN	D	0.1%
DGX	A	0.1%
AVT	C	0.1%
ROL	B	0.1%
MPWR	F	0.1%
SWKS	F	0.1%
MEDP	D	0.1%
K	B	0.1%
OMC	C	0.1%
DVA	C	0.1%
NFG	A	0.1%
SCCO	F	0.1%
HIW	D	0.1%
ADC	A	0.1%
VICI	C	0.1%
DKS	D	0.1%
OHI	B	0.1%
LAMR	D	0.1%
AXS	A	0.1%
RGLD	C	0.1%
AVB	B	0.1%
CHRW	B	0.1%
UHS	D	0.1%
KEX	B	0.1%
MUSA	B	0.1%
EXR	C	0.1%
FOX	A	0.1%
CLH	C	0.1%
FOXA	B	0.1%
TER	F	0.09%
NNN	C	0.09%
GLPI	C	0.09%
CHE	F	0.09%
EPR	D	0.09%
UGI	C	0.09%
HRB	D	0.09%
MTG	D	0.09%
NEU	D	0.09%
M	D	0.09%
GPK	D	0.09%
LEN	D	0.09%
PK	D	0.09%
GAP	D	0.09%
SNX	D	0.09%
JNPR	D	0.09%
SSNC	C	0.09%
CRI	F	0.08%
WING	D	0.08%
COKE	C	0.08%
CIVI	D	0.08%
WU	F	0.08%
DVN	F	0.08%
AMCR	D	0.08%
MDU	D	0.07%
CROX	F	0.07%
OGN	F	0.07%
CRUS	F	0.07%
APA	F	0.07%

FLQL Underweight 77 Positions Relative to JEPI

Symbol	Grade	Weight
PGR	B	-1.7%
NOW	B	-1.68%
V	A	-1.46%
HON	B	-1.43%
LOW	C	-1.38%
CMCSA	B	-1.36%
TMO	F	-1.25%
PEP	F	-1.23%
NXPI	F	-1.22%
ETN	B	-1.19%
NEE	C	-1.19%
MDLZ	F	-1.18%
CME	A	-1.16%
YUM	D	-1.16%
TRV	A	-1.15%
PG	C	-1.09%
BMY	A	-1.05%
KO	D	-1.05%
LIN	D	-1.01%
CRM	B	-0.98%
MNST	C	-0.96%
INTU	B	-0.93%
ROST	D	-0.92%
OTIS	C	-0.92%
FI	A	-0.91%
EQIX	A	-0.9%
ACN	C	-0.89%
COP	B	-0.86%
EOG	A	-0.86%
CSX	C	-0.83%
UPS	C	-0.82%
EMR	A	-0.79%
CPAY	A	-0.79%
AZO	C	-0.79%
SBAC	D	-0.7%
CHD	A	-0.69%
AXP	B	-0.64%
ABT	A	-0.62%
AMP	A	-0.6%
DE	C	-0.6%
CMS	C	-0.57%
MCD	D	-0.55%
MDT	D	-0.54%
PLD	D	-0.51%
MRVL	B	-0.47%
ASML	F	-0.43%
TXT	D	-0.43%
PCG	A	-0.41%
JKHY	D	-0.4%
IR	B	-0.38%
TDG	D	-0.38%
CARR	D	-0.36%
STX	D	-0.36%
DHR	D	-0.36%
FDX	B	-0.36%
CDNS	B	-0.36%
BURL	A	-0.34%
MU	D	-0.32%
DOW	F	-0.32%
USB	B	-0.32%
MET	A	-0.31%
PPG	F	-0.28%
AMT	D	-0.25%
BAC	A	-0.23%
KVUE	A	-0.22%
UNP	D	-0.21%
AJG	B	-0.21%
KEYS	C	-0.19%
D	C	-0.18%
WELL	A	-0.17%
AME	A	-0.17%
AON	B	-0.17%
MMC	D	-0.17%
NOC	D	-0.14%
DOV	B	-0.12%
DTE	C	-0.1%
ELS	B	-0.04%