FLQL vs. LRGF ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to iShares FactorSelect MSCI USA ETF (LRGF)

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

LRGF

iShares FactorSelect MSCI USA ETF

LRGF Description

The investment seeks to track the investment results of the MSCI USA Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to select equity securities from MSCI USA Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.96

Average Daily Volume

91,138

Number of Holdings ^*

272

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	LRGF
30 Days	2.44%	4.57%
60 Days	3.55%	6.07%
90 Days	4.50%	7.74%
12 Months	31.26%	37.24%

87 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in LRGF	Overlap
AAPL	C	7.0%	6.35%	6.35%
ABBV	D	1.33%	0.9%	0.9%
ACGL	D	0.26%	0.07%	0.07%
AFL	B	0.23%	0.38%	0.23%
AMAT	F	0.96%	0.46%	0.46%
AMGN	D	1.05%	0.42%	0.42%
AMZN	C	2.92%	3.01%	2.92%
ANET	C	0.77%	0.3%	0.3%
APA	D	0.08%	0.09%	0.08%
APP	B	0.42%	0.94%	0.42%
AVB	B	0.1%	0.22%	0.1%
AVGO	D	1.77%	1.82%	1.77%
AYI	B	0.12%	0.37%	0.12%
BBY	D	0.11%	0.24%	0.11%
BKNG	A	1.19%	1.17%	1.17%
BRK.A	B	1.11%	0.5%	0.5%
BSX	B	0.84%	0.02%	0.02%
C	A	0.97%	0.15%	0.15%
CAT	B	1.27%	0.26%	0.26%
CI	F	0.56%	0.21%	0.21%
COKE	C	0.08%	0.1%	0.08%
COST	B	1.7%	0.54%	0.54%
CRUS	D	0.07%	0.05%	0.05%
CTAS	B	0.46%	0.38%	0.38%
DECK	A	0.22%	0.32%	0.22%
DELL	C	0.19%	0.35%	0.19%
DKS	C	0.1%	0.17%	0.1%
DVA	B	0.1%	0.23%	0.1%
EBAY	D	0.17%	0.31%	0.17%
ELV	F	0.28%	0.29%	0.28%
EME	C	0.12%	0.27%	0.12%
FICO	B	0.17%	0.61%	0.17%
FOXA	B	0.11%	0.25%	0.11%
GM	B	0.35%	0.52%	0.35%
GOOG	C	1.73%	1.8%	1.73%
GS	A	0.6%	0.59%	0.59%
GWW	B	0.38%	0.11%	0.11%
HIG	B	0.19%	0.03%	0.03%
HPE	B	0.21%	0.48%	0.21%
HPQ	B	0.29%	0.19%	0.19%
HRB	D	0.09%	0.3%	0.09%
IBM	C	1.31%	0.16%	0.16%
JHG	A	0.11%	0.26%	0.11%
JNJ	D	1.55%	0.87%	0.87%
JPM	A	1.23%	1.64%	1.23%
KLAC	D	0.67%	0.31%	0.31%
LII	A	0.15%	0.03%	0.03%
LLY	F	1.31%	1.09%	1.09%
LMT	D	0.4%	0.19%	0.19%
LRCX	F	0.66%	0.2%	0.2%
MA	C	1.79%	0.75%	0.75%
MCHP	D	0.23%	0.08%	0.08%
MEDP	D	0.08%	0.28%	0.08%
META	D	2.48%	2.16%	2.16%
MO	A	0.85%	0.1%	0.1%
MRK	F	1.21%	0.57%	0.57%
MSFT	F	5.96%	5.67%	5.67%
MSI	B	0.58%	0.22%	0.22%
MUSA	A	0.11%	0.11%	0.11%
NTAP	C	0.21%	0.02%	0.02%
NVDA	C	6.71%	6.55%	6.55%
OMC	C	0.09%	0.15%	0.09%
ORCL	B	0.88%	0.16%	0.16%
PCAR	B	0.44%	0.23%	0.23%
PH	A	0.52%	0.1%	0.1%
PM	B	0.71%	0.4%	0.4%
PSA	D	0.38%	0.23%	0.23%
QCOM	F	1.22%	0.45%	0.45%
R	B	0.11%	0.17%	0.11%
RGA	A	0.11%	0.06%	0.06%
RL	B	0.12%	0.12%	0.12%
SO	D	0.29%	0.12%	0.12%
SPG	B	0.46%	0.38%	0.38%
STLD	B	0.16%	0.26%	0.16%
SYF	B	0.21%	0.26%	0.21%
SYK	C	0.94%	0.17%	0.17%
T	A	1.07%	0.59%	0.59%
TSLA	B	1.13%	0.76%	0.76%
TT	A	0.65%	0.21%	0.21%
TXN	C	1.24%	0.04%	0.04%
UNH	C	0.52%	0.89%	0.52%
VRTX	F	0.92%	0.19%	0.19%
VZ	C	1.24%	0.34%	0.34%
WING	D	0.08%	0.26%	0.08%
WMT	A	1.68%	1.03%	1.03%
WSM	B	0.15%	0.36%	0.15%
XOM	B	0.63%	0.94%	0.63%

FLQL Overweight 123 Positions Relative to LRGF

Symbol	Grade	Weight
GOOGL	C	2.04%
ISRG	A	1.3%
TJX	A	0.95%
WM	A	0.67%
APH	A	0.6%
TMUS	B	0.59%
REGN	F	0.59%
CMG	B	0.57%
CB	C	0.56%
MCO	B	0.56%
CL	D	0.52%
RTX	C	0.5%
HCA	F	0.49%
GD	F	0.39%
URI	B	0.38%
DHI	D	0.36%
HLT	A	0.33%
FAST	B	0.33%
ADI	D	0.32%
RSG	A	0.31%
LEN	D	0.3%
CMI	A	0.26%
HWM	A	0.25%
GRMN	B	0.25%
CTSH	B	0.24%
SPOT	B	0.22%
PHM	D	0.22%
PEG	A	0.22%
DAL	C	0.2%
FANG	D	0.2%
GLW	B	0.19%
NVR	D	0.19%
IRM	D	0.18%
LDOS	C	0.17%
WAB	B	0.17%
RCL	A	0.17%
LYB	F	0.16%
TPL	A	0.16%
ETR	B	0.16%
PKG	A	0.15%
CSL	C	0.15%
TSCO	D	0.15%
O	D	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%
AWI	A	0.12%
JEF	A	0.12%
MAS	D	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%
EXR	D	0.11%
PPC	C	0.11%
FOX	A	0.11%
CW	B	0.11%
DPZ	C	0.11%
LOPE	B	0.11%
CASY	A	0.11%
G	B	0.11%
CF	B	0.11%
ESS	B	0.11%
TXRH	C	0.11%
THC	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%
ADC	B	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%
GLPI	C	0.09%
AVT	C	0.09%
SWKS	F	0.09%
MTG	C	0.09%
M	D	0.09%
SSNC	B	0.09%
HIW	D	0.09%
CRI	D	0.08%
CIVI	D	0.08%
DVN	F	0.08%
TER	D	0.08%
CROX	D	0.07%
OGN	D	0.07%
MDU	D	0.07%

FLQL Underweight 185 Positions Relative to LRGF

Symbol	Grade	Weight
V	A	-1.28%
PG	A	-1.26%
LIN	D	-0.91%
PEP	F	-0.87%
BMY	B	-0.72%
MCD	D	-0.63%
KO	D	-0.61%
BK	A	-0.61%
TEAM	A	-0.6%
HD	A	-0.58%
LOW	D	-0.58%
MPC	D	-0.57%
CVX	A	-0.54%
ABT	B	-0.53%
BLDR	D	-0.53%
AWK	D	-0.52%
ED	D	-0.51%
MCK	B	-0.5%
WFC	A	-0.5%
FTNT	C	-0.49%
GILD	C	-0.49%
IBKR	A	-0.46%
VST	B	-0.45%
DUOL	A	-0.44%
SPGI	C	-0.43%
NTNX	A	-0.43%
CMCSA	B	-0.41%
AMP	A	-0.41%
GEHC	F	-0.41%
PAYX	C	-0.4%
CSCO	B	-0.4%
MELI	D	-0.39%
ETN	A	-0.38%
MSCI	C	-0.37%
BAC	A	-0.37%
IT	C	-0.36%
HOLX	D	-0.36%
KR	B	-0.35%
MANH	D	-0.34%
DOCU	A	-0.33%
VLO	C	-0.33%
WY	D	-0.33%
CRH	A	-0.32%
TPR	B	-0.32%
INTU	C	-0.31%
PFE	D	-0.31%
CR	A	-0.31%
JBL	B	-0.31%
BRX	A	-0.31%
EMR	A	-0.31%
TGT	F	-0.3%
ABNB	C	-0.3%
YUM	B	-0.3%
AIG	B	-0.3%
MLI	C	-0.29%
EQR	B	-0.29%
CNM	D	-0.29%
FERG	B	-0.29%
GTLB	B	-0.28%
PCOR	B	-0.28%
UBER	D	-0.28%
ADBE	C	-0.28%
MTD	D	-0.27%
ANF	C	-0.27%
OTIS	C	-0.27%
TMO	F	-0.27%
RS	B	-0.27%
ALLY	C	-0.25%
AXP	A	-0.24%
RHI	B	-0.24%
BLK	C	-0.24%
GIS	D	-0.23%
STT	A	-0.22%
NDAQ	A	-0.22%
CRWD	B	-0.22%
COF	B	-0.22%
WFRD	D	-0.21%
AN	C	-0.21%
DUK	C	-0.21%
NUE	C	-0.21%
ITW	B	-0.21%
TRV	B	-0.2%
SOLV	C	-0.2%
QLYS	C	-0.2%
WEC	A	-0.2%
AMG	B	-0.2%
CDNS	B	-0.19%
SBUX	A	-0.19%
PRU	A	-0.19%
NFLX	A	-0.19%
F	C	-0.18%
ESTC	C	-0.18%
CVLT	B	-0.18%
ETSY	D	-0.18%
PANW	C	-0.18%
SNPS	B	-0.18%
NEE	D	-0.17%
IOT	A	-0.17%
CVS	D	-0.17%
EXC	C	-0.16%
ADP	B	-0.16%
MOH	F	-0.16%
HUBS	A	-0.15%
WTS	B	-0.15%
ACN	C	-0.14%
HUM	C	-0.14%
SMAR	A	-0.14%
GE	D	-0.14%
BBWI	D	-0.14%
AZO	C	-0.14%
RMBS	C	-0.14%
KMI	A	-0.14%
FNF	B	-0.13%
NVT	B	-0.13%
AMD	F	-0.13%
DTE	C	-0.13%
MMM	D	-0.13%
VOYA	B	-0.13%
CRM	B	-0.12%
ELF	C	-0.12%
CPNG	D	-0.12%
MS	A	-0.11%
OLN	D	-0.11%
RRC	B	-0.11%
ZS	C	-0.11%
OKTA	C	-0.11%
FI	A	-0.11%
TTEK	F	-0.1%
MDLZ	F	-0.1%
GL	B	-0.1%
MDT	D	-0.1%
AMT	D	-0.09%
MRO	B	-0.09%
UNM	A	-0.09%
EXE	B	-0.08%
PVH	C	-0.08%
VLTO	D	-0.08%
HOG	D	-0.08%
AGNC	D	-0.07%
TAP	C	-0.07%
SRE	A	-0.07%
SHW	A	-0.07%
ADM	D	-0.07%
LPX	B	-0.07%
CMC	B	-0.07%
PLD	D	-0.07%
CARR	D	-0.07%
LNTH	D	-0.07%
CHTR	C	-0.07%
ACI	C	-0.06%
SFM	A	-0.05%
FE	C	-0.05%
PFG	D	-0.05%
COP	C	-0.05%
CEG	D	-0.05%
EG	C	-0.05%
AR	B	-0.04%
THO	B	-0.04%
DOW	F	-0.04%
MRNA	F	-0.04%
BXP	D	-0.04%
XRAY	F	-0.04%
HSY	F	-0.04%
SSD	D	-0.04%
NOW	A	-0.04%
DE	A	-0.03%
MGM	D	-0.03%
MOD	A	-0.03%
ZBH	C	-0.03%
UAL	A	-0.03%
AGCO	D	-0.03%
MET	A	-0.03%
PATH	C	-0.02%
BDX	F	-0.02%
NWSA	B	-0.02%
MUR	D	-0.02%
KHC	F	-0.02%
LYV	A	-0.02%
CVNA	B	-0.02%
RPRX	D	-0.01%
EXPD	D	-0.01%
ULTA	F	-0.01%
PSX	C	-0.01%
EOG	A	-0.01%
FDX	B	-0.01%