FLQL vs. QQQM ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to Invesco NASDAQ 100 ETF (QQQM)

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

$57.94

Average Daily Volume

48,937

Number of Holdings ^*

208

* may have additional holdings in another (foreign) market

QQQM

Invesco NASDAQ 100 ETF

QQQM Description

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ-100 Index® (the 'underlying index'). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which includes securities of 100 of the largest domestic and international nonfinancial companies listed on The Nasdaq Stock Market LLC based on market capitalization. It is non-diversified.

Grade (RS Rating)

Last Trade

$198.94

Average Daily Volume

2,183,568

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	QQQM
30 Days	2.22%	0.66%
60 Days	3.76%	1.73%
90 Days	4.30%	0.87%
12 Months	32.67%	33.41%

32 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in QQQM	Overlap
AAPL	C	6.79%	9.16%	6.79%
AMAT	D	1.05%	1.03%	1.03%
AMGN	B	1.32%	1.24%	1.24%
AMZN	C	2.86%	5.07%	2.86%
AVGO	C	1.76%	4.82%	1.76%
BKNG	C	1.03%	0.91%	0.91%
CDW	D	0.17%	0.2%	0.17%
CMCSA	D	1.06%	1.07%	1.06%
COST	B	1.79%	2.78%	1.79%
CSCO	C	1.41%	1.38%	1.38%
CTAS	B	0.36%	0.58%	0.36%
CTSH	C	0.26%	0.27%	0.26%
FANG	D	0.19%	0.21%	0.19%
FAST	C	0.3%	0.28%	0.28%
GOOG	D	1.61%	2.29%	1.61%
GOOGL	D	1.88%	2.37%	1.88%
IDXX	C	0.33%	0.29%	0.29%
ISRG	B	1.25%	1.2%	1.2%
KLAC	D	0.86%	0.67%	0.67%
LRCX	F	0.84%	0.67%	0.67%
MCHP	F	0.3%	0.28%	0.28%
META	B	2.5%	4.78%	2.5%
MSFT	C	6.52%	8.36%	6.52%
NVDA	D	4.95%	7.22%	4.95%
PCAR	D	0.45%	0.35%	0.35%
QCOM	D	1.08%	1.27%	1.08%
REGN	C	0.96%	0.86%	0.86%
SMCI	F	0.09%	0.17%	0.09%
TMUS	C	0.36%	1.61%	0.36%
TSLA	C	0.75%	2.96%	0.75%
TXN	C	1.31%	1.28%	1.28%
VRTX	D	1.08%	0.85%	0.85%

FLQL Overweight 176 Positions Relative to QQQM

Symbol	Grade	Weight
LLY	C	1.86%
JNJ	C	1.82%
ABBV	C	1.8%
MA	B	1.78%
IBM	B	1.42%
MRK	D	1.41%
VZ	B	1.31%
WMT	C	1.31%
CAT	B	1.24%
JPM	D	1.18%
BRK.A	C	1.18%
SYK	C	1.0%
TJX	B	0.99%
T	C	0.94%
C	C	0.92%
MO	C	0.87%
ETN	C	0.87%
WM	D	0.79%
ANET	B	0.75%
BSX	B	0.72%
HCA	B	0.63%
CI	C	0.62%
CMG	C	0.6%
MCO	B	0.58%
PGR	B	0.58%
ZTS	C	0.58%
CL	D	0.57%
TT	B	0.56%
APH	D	0.54%
MPC	F	0.52%
SPG	B	0.47%
DHI	B	0.46%
MSI	B	0.46%
PH	B	0.46%
CB	B	0.45%
XOM	C	0.44%
MCK	F	0.44%
PSA	B	0.42%
URI	B	0.38%
VLO	F	0.36%
LEN	B	0.36%
GWW	B	0.36%
RSG	D	0.34%
GD	B	0.33%
ACGL	C	0.32%
HPQ	D	0.28%
HLT	B	0.27%
NUE	F	0.26%
PHM	B	0.25%
NVR	B	0.24%
DECK	C	0.23%
GM	C	0.23%
NTAP	D	0.22%
EMR	D	0.22%
GRMN	D	0.21%
LYB	D	0.2%
HPE	D	0.18%
SYF	C	0.17%
LDOS	B	0.17%
WSM	D	0.17%
BLDR	C	0.17%
GDDY	C	0.16%
CMI	C	0.16%
HIG	B	0.15%
STLD	F	0.15%
HWM	B	0.15%
PEG	B	0.15%
IRM	C	0.14%
LII	B	0.14%
TOL	B	0.14%
CSL	B	0.14%
UTHR	C	0.13%
GLW	C	0.13%
RS	D	0.13%
TSCO	C	0.13%
UHS	B	0.13%
PKG	B	0.13%
COKE	C	0.13%
MAS	B	0.13%
WSO	C	0.12%
WAB	B	0.12%
HIW	B	0.12%
OC	D	0.12%
CLH	A	0.12%
JEF	B	0.12%
CASY	D	0.12%
OHI	B	0.12%
DKS	D	0.12%
CUZ	B	0.12%
PPC	D	0.12%
LPLA	D	0.12%
EBAY	B	0.12%
HRB	C	0.12%
SWKS	D	0.12%
RGA	C	0.12%
DPZ	F	0.12%
AWI	B	0.11%
EXP	B	0.11%
ETR	B	0.11%
R	A	0.11%
JNPR	B	0.11%
LEN	B	0.11%
SCCO	D	0.11%
CW	B	0.11%
INGR	B	0.11%
ESS	B	0.11%
EHC	C	0.11%
ALSN	B	0.11%
MUSA	D	0.11%
TXRH	C	0.11%
THC	A	0.11%
CRUS	D	0.11%
EPR	B	0.11%
EVR	A	0.11%
CF	C	0.11%
BBY	C	0.11%
DAL	C	0.11%
CFG	C	0.11%
MTG	B	0.11%
NNN	C	0.11%
OGN	D	0.1%
EMN	B	0.1%
CE	F	0.1%
AGO	C	0.1%
JBL	D	0.1%
SAIC	C	0.1%
MDU	C	0.1%
DVA	B	0.1%
CRI	D	0.1%
MEDP	F	0.1%
IBKR	B	0.1%
ITT	B	0.1%
KRC	B	0.1%
AXS	B	0.1%
NBIX	F	0.1%
NFG	B	0.1%
IP	B	0.1%
CACI	B	0.1%
LAMR	B	0.1%
CHE	C	0.1%
APP	C	0.1%
DELL	D	0.1%
BLD	D	0.1%
NEU	D	0.1%
TER	D	0.09%
LNC	D	0.09%
PK	D	0.09%
OMF	D	0.09%
RL	C	0.09%
AVT	C	0.09%
OVV	F	0.09%
FIX	B	0.09%
AYI	B	0.09%
TPR	C	0.09%
MSM	D	0.09%
KEX	C	0.09%
DCI	C	0.09%
SLM	D	0.09%
WING	B	0.09%
NRG	C	0.09%
TNL	D	0.09%
LOPE	D	0.09%
WU	F	0.09%
PSTG	F	0.08%
NVT	D	0.08%
CROX	D	0.08%
APA	F	0.08%
GNTX	F	0.08%
SNX	D	0.08%
X	F	0.08%
BJ	D	0.08%
OSK	F	0.08%
GAP	F	0.07%
CIVI	F	0.07%
M	F	0.07%
BBWI	F	0.05%

FLQL Underweight 69 Positions Relative to QQQM

Symbol	Grade	Weight
NFLX	B	-2.04%
ADBE	F	-1.8%
PEP	C	-1.71%
AMD	D	-1.62%
LIN	B	-1.56%
INTU	C	-1.24%
HON	D	-0.92%
ADP	B	-0.8%
PANW	D	-0.79%
ADI	C	-0.76%
SBUX	C	-0.74%
MELI	B	-0.72%
MDLZ	B	-0.71%
GILD	B	-0.71%
MU	F	-0.67%
INTC	F	-0.57%
SNPS	D	-0.5%
PYPL	B	-0.5%
CDNS	D	-0.49%
ASML	F	-0.48%
ORLY	C	-0.47%
CSX	D	-0.46%
MAR	C	-0.45%
PDD	F	-0.44%
MRVL	C	-0.43%
FTNT	C	-0.41%
ROP	C	-0.41%
CEG	C	-0.4%
CRWD	D	-0.4%
NXPI	F	-0.4%
ADSK	C	-0.39%
WDAY	D	-0.38%
AEP	C	-0.38%
MNST	D	-0.37%
ABNB	D	-0.36%
KDP	B	-0.35%
ROST	C	-0.35%
DASH	C	-0.34%
PAYX	C	-0.34%
CHTR	D	-0.33%
AZN	D	-0.33%
CPRT	D	-0.33%
TTD	B	-0.31%
KHC	C	-0.3%
ODFL	D	-0.29%
EA	D	-0.27%
VRSK	D	-0.27%
GEHC	C	-0.27%
EXC	C	-0.27%
CCEP	B	-0.26%
XEL	B	-0.25%
CSGP	D	-0.23%
BKR	C	-0.23%
DDOG	D	-0.23%
ON	D	-0.21%
LULU	D	-0.21%
MRNA	F	-0.21%
BIIB	F	-0.2%
TTWO	C	-0.19%
ANSS	D	-0.19%
DXCM	F	-0.19%
TEAM	D	-0.18%
ZS	F	-0.16%
MDB	D	-0.15%
GFS	F	-0.15%
ILMN	C	-0.14%
WBD	D	-0.12%
ARM	D	-0.11%
DLTR	F	-0.1%