FLQL vs. QRMI ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to Global X NASDAQ 100 Risk Managed Income ETF (QRMI)

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

QRMI

Global X NASDAQ 100 Risk Managed Income ETF

QRMI Description

Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across non-financial companies sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index, by using full replication technique. Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$17.00

Average Daily Volume

8,933

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	QRMI
30 Days	2.44%	1.66%
60 Days	3.55%	2.63%
90 Days	4.50%	3.97%
12 Months	31.26%	11.21%

28 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in QRMI	Overlap
AAPL	C	7.0%	8.63%	7.0%
ADI	D	0.32%	0.68%	0.32%
AMAT	F	0.96%	0.98%	0.96%
AMGN	D	1.05%	1.05%	1.05%
AMZN	C	2.92%	5.66%	2.92%
AVGO	D	1.77%	5.23%	1.77%
BKNG	A	1.19%	1.12%	1.12%
COST	B	1.7%	2.69%	1.7%
CTAS	B	0.46%	0.59%	0.46%
CTSH	B	0.24%	0.26%	0.24%
FANG	D	0.2%	0.35%	0.2%
FAST	B	0.33%	0.31%	0.31%
GOOG	C	1.73%	2.54%	1.73%
GOOGL	C	2.04%	2.64%	2.04%
ISRG	A	1.3%	1.24%	1.24%
KLAC	D	0.67%	0.58%	0.58%
LRCX	F	0.66%	0.62%	0.62%
MCHP	D	0.23%	0.23%	0.23%
META	D	2.48%	5.08%	2.48%
MSFT	F	5.96%	7.96%	5.96%
NVDA	C	6.71%	9.04%	6.71%
PCAR	B	0.44%	0.39%	0.39%
QCOM	F	1.22%	1.16%	1.16%
REGN	F	0.59%	0.56%	0.56%
TMUS	B	0.59%	1.83%	0.59%
TSLA	B	1.13%	4.02%	1.13%
TXN	C	1.24%	1.22%	1.22%
VRTX	F	0.92%	0.83%	0.83%

FLQL Overweight 182 Positions Relative to QRMI

Symbol	Grade	Weight
MA	C	1.79%
WMT	A	1.68%
JNJ	D	1.55%
ABBV	D	1.33%
IBM	C	1.31%
LLY	F	1.31%
CAT	B	1.27%
VZ	C	1.24%
JPM	A	1.23%
MRK	F	1.21%
BRK.A	B	1.11%
T	A	1.07%
C	A	0.97%
TJX	A	0.95%
SYK	C	0.94%
ORCL	B	0.88%
MO	A	0.85%
BSX	B	0.84%
ANET	C	0.77%
PM	B	0.71%
WM	A	0.67%
TT	A	0.65%
XOM	B	0.63%
GS	A	0.6%
APH	A	0.6%
MSI	B	0.58%
CMG	B	0.57%
CI	F	0.56%
CB	C	0.56%
MCO	B	0.56%
PH	A	0.52%
UNH	C	0.52%
CL	D	0.52%
RTX	C	0.5%
HCA	F	0.49%
SPG	B	0.46%
APP	B	0.42%
LMT	D	0.4%
GD	F	0.39%
GWW	B	0.38%
PSA	D	0.38%
URI	B	0.38%
DHI	D	0.36%
GM	B	0.35%
HLT	A	0.33%
RSG	A	0.31%
LEN	D	0.3%
HPQ	B	0.29%
SO	D	0.29%
ELV	F	0.28%
ACGL	D	0.26%
CMI	A	0.26%
HWM	A	0.25%
GRMN	B	0.25%
AFL	B	0.23%
SPOT	B	0.22%
PHM	D	0.22%
PEG	A	0.22%
DECK	A	0.22%
SYF	B	0.21%
HPE	B	0.21%
NTAP	C	0.21%
DAL	C	0.2%
DELL	C	0.19%
HIG	B	0.19%
GLW	B	0.19%
NVR	D	0.19%
IRM	D	0.18%
LDOS	C	0.17%
FICO	B	0.17%
EBAY	D	0.17%
WAB	B	0.17%
RCL	A	0.17%
LYB	F	0.16%
TPL	A	0.16%
ETR	B	0.16%
STLD	B	0.16%
PKG	A	0.15%
LII	A	0.15%
CSL	C	0.15%
TSCO	D	0.15%
O	D	0.15%
WSM	B	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%
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%
AVB	B	0.1%
NFG	A	0.1%
DVA	B	0.1%
ADC	B	0.1%
DKS	C	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%
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 73 Positions Relative to QRMI

Symbol	Grade	Weight
NFLX	A	-2.31%
CSCO	B	-1.55%
ADBE	C	-1.53%
PEP	F	-1.47%
AMD	F	-1.46%
LIN	D	-1.42%
INTU	C	-1.28%
CMCSA	B	-1.1%
HON	B	-0.98%
PANW	C	-0.84%
ADP	B	-0.81%
GILD	C	-0.75%
SBUX	A	-0.73%
MU	D	-0.72%
INTC	D	-0.69%
MELI	D	-0.63%
PYPL	B	-0.58%
MDLZ	F	-0.57%
CDNS	B	-0.56%
SNPS	B	-0.56%
CRWD	B	-0.54%
MAR	B	-0.53%
MRVL	B	-0.5%
PDD	F	-0.49%
ORLY	B	-0.48%
FTNT	C	-0.48%
CEG	D	-0.47%
CSX	B	-0.46%
ADSK	A	-0.45%
DASH	A	-0.44%
ASML	F	-0.42%
ROP	B	-0.41%
WDAY	B	-0.39%
NXPI	D	-0.38%
ABNB	C	-0.38%
CHTR	C	-0.38%
TTD	B	-0.37%
MNST	C	-0.36%
CPRT	A	-0.36%
PAYX	C	-0.34%
AEP	D	-0.32%
ODFL	B	-0.32%
ROST	C	-0.3%
KDP	D	-0.29%
EA	A	-0.28%
TEAM	A	-0.27%
VRSK	A	-0.27%
BKR	B	-0.27%
DDOG	A	-0.26%
GEHC	F	-0.25%
KHC	F	-0.25%
LULU	C	-0.25%
IDXX	F	-0.24%
AZN	D	-0.24%
EXC	C	-0.24%
XEL	A	-0.24%
CCEP	C	-0.23%
CSGP	D	-0.21%
TTWO	A	-0.21%
ZS	C	-0.21%
ON	D	-0.2%
ANSS	B	-0.2%
DXCM	D	-0.19%
WBD	C	-0.16%
CDW	F	-0.16%
BIIB	F	-0.16%
MDB	C	-0.15%
GFS	C	-0.15%
ILMN	D	-0.15%
MRNA	F	-0.11%
ARM	D	-0.11%
DLTR	F	-0.1%
SMCI	F	-0.08%