FLQL vs. ROUS ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to Lattice U.S. Equity Strategy ETF (ROUS)

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

$57.56

Average Daily Volume

54,832

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

ROUS

Lattice U.S. Equity Strategy ETF

ROUS Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Lattice Risk-Optimized US Large Cap Equity Strategy Index (LROUSLX). The fund generally invests at least 80 percent of its assets in securities of the index and in depositary receipts representing securities of the index. The index seeks to improve returns through a market cycle relative to traditional cap-weighted U.S. equity market indices and active U.S. equity market strategies.

Grade (RS Rating)

Last Trade

$51.31

Average Daily Volume

24,260

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	ROUS
30 Days	2.20%	1.27%
60 Days	4.64%	5.89%
90 Days	1.89%	6.90%
12 Months	35.15%	30.74%

145 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in ROUS	Overlap
AAPL	C	7.04%	1.24%	1.24%
ABBV	B	1.56%	0.98%	0.98%
ACGL	B	0.3%	0.28%	0.28%
ADC	B	0.1%	0.17%	0.1%
ADI	C	0.35%	0.1%	0.1%
AFL	A	0.23%	0.33%	0.23%
ALSN	A	0.1%	0.4%	0.1%
AMAT	B	1.11%	0.33%	0.33%
AMCR	C	0.1%	0.11%	0.1%
AMGN	D	1.26%	0.39%	0.39%
AMZN	C	2.84%	0.48%	0.48%
ANET	A	0.81%	0.32%	0.32%
APH	D	0.58%	0.53%	0.53%
AVB	C	0.1%	0.12%	0.1%
AVGO	C	1.89%	0.67%	0.67%
AVT	C	0.09%	0.72%	0.09%
AWI	A	0.1%	0.04%	0.04%
AXS	A	0.1%	0.35%	0.1%
AYI	A	0.1%	0.19%	0.1%
BBY	C	0.13%	0.39%	0.13%
BJ	C	0.1%	0.09%	0.09%
BKNG	C	1.0%	0.22%	0.22%
BRK.A	C	1.06%	0.71%	0.71%
BSX	A	0.78%	0.14%	0.14%
C	C	0.87%	0.31%	0.31%
CACI	A	0.1%	0.25%	0.1%
CASY	D	0.1%	0.24%	0.1%
CAT	A	1.29%	0.2%	0.2%
CB	B	0.57%	0.34%	0.34%
CF	A	0.11%	0.03%	0.03%
CHE	C	0.1%	0.14%	0.1%
CHRW	C	0.1%	0.38%	0.1%
CI	D	0.62%	0.26%	0.26%
CL	D	0.58%	0.49%	0.49%
CMI	A	0.23%	0.43%	0.23%
COKE	C	0.09%	0.13%	0.09%
COST	C	1.68%	0.56%	0.56%
CRUS	D	0.08%	0.39%	0.08%
CTAS	C	0.44%	0.42%	0.42%
CTSH	B	0.24%	0.73%	0.24%
DELL	C	0.17%	0.85%	0.17%
DGX	C	0.09%	0.27%	0.09%
DHI	C	0.44%	0.22%	0.22%
DKS	D	0.11%	0.24%	0.11%
DVN	F	0.09%	0.1%	0.09%
EBAY	A	0.18%	0.34%	0.18%
EHC	B	0.1%	0.02%	0.02%
ELV	F	0.38%	0.54%	0.38%
EME	C	0.1%	0.35%	0.1%
ETR	A	0.14%	0.33%	0.14%
FANG	C	0.2%	0.11%	0.11%
FAST	C	0.3%	0.44%	0.3%
FICO	A	0.15%	0.57%	0.15%
FOXA	A	0.1%	0.52%	0.1%
GD	C	0.42%	0.07%	0.07%
GLPI	A	0.1%	0.08%	0.08%
GLW	C	0.19%	0.53%	0.19%
GOOGL	B	1.9%	1.19%	1.19%
GPK	D	0.1%	0.25%	0.1%
GRMN	D	0.21%	0.26%	0.21%
GWW	B	0.33%	0.53%	0.33%
HCA	C	0.59%	0.23%	0.23%
HPE	B	0.19%	0.84%	0.19%
HPQ	B	0.28%	1.1%	0.28%
HRB	C	0.1%	0.54%	0.1%
IBM	A	1.41%	0.9%	0.9%
INGR	B	0.1%	0.08%	0.08%
IP	C	0.11%	0.04%	0.04%
IRM	A	0.19%	0.19%	0.19%
JHG	B	0.1%	0.07%	0.07%
JNJ	D	1.65%	1.17%	1.17%
JNPR	B	0.1%	0.41%	0.1%
JPM	D	1.07%	0.71%	0.71%
KLAC	B	0.85%	0.35%	0.35%
KMB	D	0.15%	0.42%	0.15%
LAMR	C	0.11%	0.14%	0.11%
LDOS	A	0.16%	0.1%	0.1%
LII	C	0.15%	0.12%	0.12%
LLY	D	1.68%	0.89%	0.89%
LMT	A	0.44%	0.41%	0.41%
LNC	D	0.1%	0.05%	0.05%
LOPE	D	0.1%	0.22%	0.1%
LRCX	D	0.75%	0.2%	0.2%
LYB	F	0.18%	0.21%	0.18%
MA	A	1.69%	0.38%	0.38%
MAS	A	0.13%	0.28%	0.13%
MCHP	F	0.27%	0.27%	0.27%
META	A	2.56%	0.78%	0.78%
MO	D	0.77%	0.56%	0.56%
MPWR	B	0.14%	0.01%	0.01%
MRK	F	1.45%	0.99%	0.99%
MSFT	D	6.21%	1.17%	1.17%
MSI	A	0.53%	0.76%	0.53%
MTG	B	0.1%	0.14%	0.1%
MUSA	D	0.08%	0.61%	0.08%
NFG	A	0.1%	0.24%	0.1%
NNN	A	0.1%	0.08%	0.08%
NRG	A	0.11%	0.51%	0.11%
NTAP	D	0.22%	1.07%	0.22%
NVDA	B	5.84%	0.86%	0.86%
NVR	B	0.23%	0.23%	0.23%
O	A	0.17%	0.15%	0.15%
OC	C	0.11%	0.18%	0.11%
OGN	F	0.09%	0.26%	0.09%
OHI	C	0.1%	0.02%	0.02%
OMC	C	0.1%	0.15%	0.1%
ORCL	C	0.8%	0.59%	0.59%
PCAR	C	0.4%	0.27%	0.27%
PEG	A	0.22%	0.25%	0.22%
PHM	A	0.25%	0.32%	0.25%
PKG	B	0.13%	0.21%	0.13%
PM	D	0.66%	0.32%	0.32%
PSA	C	0.4%	0.07%	0.07%
QCOM	C	1.25%	0.55%	0.55%
R	C	0.1%	0.21%	0.1%
REGN	D	0.82%	0.23%	0.23%
RGA	C	0.11%	0.14%	0.11%
RL	B	0.11%	0.13%	0.11%
RMD	C	0.14%	0.32%	0.14%
ROL	C	0.1%	0.14%	0.1%
RSG	C	0.3%	0.19%	0.19%
SNX	D	0.09%	0.26%	0.09%
SO	A	0.3%	0.27%	0.27%
SPG	A	0.44%	0.06%	0.06%
STLD	B	0.15%	0.27%	0.15%
SWKS	F	0.11%	0.18%	0.11%
SYF	B	0.16%	0.24%	0.16%
SYK	C	0.88%	0.02%	0.02%
T	A	1.01%	0.88%	0.88%
TER	C	0.11%	0.44%	0.11%
TJX	D	0.94%	0.28%	0.28%
TMUS	A	0.5%	0.66%	0.5%
TSCO	B	0.15%	0.34%	0.15%
TT	A	0.62%	0.22%	0.22%
TXN	C	1.24%	0.67%	0.67%
UNH	B	0.51%	1.01%	0.51%
UTHR	C	0.11%	0.4%	0.11%
VICI	C	0.11%	0.34%	0.11%
VRTX	D	0.92%	0.35%	0.35%
VZ	B	1.32%	0.89%	0.89%
WM	B	0.64%	0.29%	0.29%
WMT	A	1.63%	1.05%	1.05%
WSM	B	0.18%	0.26%	0.18%
WSO	C	0.12%	0.19%	0.12%
XOM	A	0.62%	0.78%	0.62%

FLQL Overweight 65 Positions Relative to ROUS

Symbol	Grade	Weight
GOOG	B	1.62%
ISRG	C	1.2%
TSLA	C	0.86%
MCO	D	0.58%
CMG	C	0.57%
RTX	A	0.51%
GS	D	0.51%
PH	B	0.47%
URI	C	0.37%
LEN	B	0.33%
GM	D	0.31%
HLT	B	0.31%
HWM	A	0.22%
DECK	B	0.2%
APP	A	0.19%
HIG	B	0.19%
SPOT	C	0.17%
WAB	B	0.16%
CSL	A	0.15%
DAL	C	0.15%
THC	D	0.13%
RCL	C	0.13%
TOL	A	0.13%
CFG	D	0.12%
EXR	C	0.12%
UHS	D	0.12%
DPZ	D	0.11%
DVA	C	0.11%
TPL	A	0.11%
EVR	C	0.11%
FIX	B	0.11%
KRC	C	0.11%
SCCO	B	0.11%
ESS	D	0.11%
NEU	F	0.1%
WU	D	0.1%
K	A	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%
FOX	A	0.1%
LEN	B	0.1%
CROX	C	0.1%
CRI	D	0.1%
RGLD	C	0.1%
TNL	C	0.1%
CW	A	0.1%
EPR	C	0.1%
CLH	C	0.1%
TXRH	C	0.1%
EMN	C	0.1%
WING	C	0.1%
HIW	C	0.1%
KEX	C	0.1%
JEF	A	0.1%
CUZ	C	0.1%
MDU	C	0.1%
CIVI	F	0.09%
APA	F	0.09%
GAP	F	0.09%
PPC	D	0.09%
M	F	0.09%

FLQL Underweight 199 Positions Relative to ROUS

Symbol	Grade	Weight
KR	C	-0.81%
HD	A	-0.81%
CSCO	A	-0.78%
CVLT	C	-0.71%
EA	D	-0.68%
PG	D	-0.67%
GILD	A	-0.64%
TEL	D	-0.59%
HUM	F	-0.59%
EOG	B	-0.57%
IT	B	-0.55%
MTB	C	-0.52%
SHW	C	-0.51%
CVS	C	-0.49%
VLO	D	-0.47%
CINF	B	-0.46%
GDDY	D	-0.45%
BK	C	-0.45%
NSIT	B	-0.45%
MCK	F	-0.44%
ACN	B	-0.44%
CDW	D	-0.43%
NXPI	F	-0.42%
ACI	F	-0.41%
RPM	B	-0.41%
DBX	B	-0.4%
FFIV	B	-0.39%
RS	D	-0.38%
SW	C	-0.38%
GPC	D	-0.38%
INCY	B	-0.37%
VRSN	B	-0.37%
V	C	-0.36%
ORLY	A	-0.36%
NYT	C	-0.36%
TRV	C	-0.36%
CMCSA	C	-0.35%
UNM	A	-0.34%
FDX	F	-0.33%
SANM	D	-0.33%
VNT	F	-0.32%
AZO	D	-0.32%
BMI	A	-0.32%
MLI	C	-0.32%
YUM	B	-0.31%
DUK	B	-0.31%
LOW	A	-0.31%
ORI	B	-0.3%
OTIS	A	-0.3%
MKL	C	-0.3%
LNG	A	-0.29%
PEP	F	-0.29%
HSY	F	-0.29%
SYY	D	-0.27%
MPC	C	-0.27%
CDNS	D	-0.27%
GPI	C	-0.27%
EG	B	-0.27%
BMY	B	-0.26%
XEL	B	-0.26%
ITW	B	-0.26%
ED	A	-0.26%
ALKS	B	-0.26%
WTM	C	-0.26%
RHI	D	-0.26%
KEYS	C	-0.26%
DTE	A	-0.25%
MANH	C	-0.25%
STT	C	-0.24%
RF	C	-0.24%
AN	D	-0.24%
PRU	C	-0.24%
AEP	C	-0.24%
DLB	C	-0.24%
PGR	C	-0.23%
LSTR	F	-0.23%
DCI	C	-0.23%
SON	D	-0.22%
ARW	C	-0.22%
CRBG	B	-0.22%
EXEL	B	-0.22%
FLO	D	-0.21%
SNA	A	-0.21%
RDN	D	-0.2%
ROP	C	-0.2%
HBAN	D	-0.2%
PPL	B	-0.19%
SKX	D	-0.19%
DY	C	-0.19%
PNC	C	-0.19%
AIT	B	-0.19%
CVX	B	-0.19%
ECL	B	-0.19%
ASGN	D	-0.18%
SNPS	F	-0.18%
MDT	C	-0.18%
BAH	A	-0.18%
KD	D	-0.18%
STX	B	-0.18%
VRSK	C	-0.18%
PPG	D	-0.18%
FE	C	-0.18%
FCN	C	-0.17%
RNR	A	-0.17%
GIS	C	-0.17%
CBT	C	-0.17%
UFPI	C	-0.17%
WFC	F	-0.17%
CAH	B	-0.16%
ADBE	F	-0.16%
FITB	C	-0.16%
JBL	C	-0.16%
MMM	C	-0.16%
MCD	A	-0.15%
BPOP	D	-0.15%
ABT	C	-0.14%
CMC	D	-0.14%
BLDR	B	-0.13%
EQR	C	-0.13%
FLEX	C	-0.13%
DOV	B	-0.13%
AEE	A	-0.13%
MTD	B	-0.13%
ALL	C	-0.13%
WEC	A	-0.13%
VST	B	-0.13%
PANW	D	-0.12%
TGT	D	-0.12%
USB	D	-0.12%
PSTG	F	-0.12%
CNC	F	-0.12%
EIX	B	-0.12%
POR	D	-0.12%
SFM	A	-0.11%
BAC	D	-0.1%
NEE	A	-0.1%
L	D	-0.1%
CBOE	B	-0.1%
KO	C	-0.1%
INTU	F	-0.1%
FSS	D	-0.1%
EXC	A	-0.09%
VMI	B	-0.09%
NOC	B	-0.09%
WELL	C	-0.09%
HUBB	B	-0.09%
CHRD	F	-0.09%
MMS	C	-0.09%
OGE	A	-0.08%
COP	D	-0.08%
AIZ	B	-0.08%
UMBF	C	-0.08%
APPF	C	-0.07%
ATR	A	-0.07%
KNF	C	-0.07%
ACIW	B	-0.07%
CSWI	C	-0.06%
PTC	D	-0.06%
FTNT	B	-0.06%
GWRE	A	-0.06%
SPSC	F	-0.06%
SRE	B	-0.06%
NXST	F	-0.05%
BR	B	-0.05%
BCO	C	-0.05%
HON	C	-0.05%
AKAM	D	-0.05%
FELE	C	-0.04%
ITCI	D	-0.04%
LFUS	D	-0.04%
EPRT	C	-0.04%
CCI	C	-0.04%
ADSK	C	-0.04%
MOG.A	C	-0.04%
NOW	C	-0.04%
ANF	F	-0.04%
D	A	-0.04%
PSX	D	-0.03%
LIN	B	-0.03%
JCI	C	-0.03%
NWSA	D	-0.03%
COF	C	-0.03%
ADM	F	-0.03%
WPC	C	-0.02%
PAYX	A	-0.02%
CHTR	D	-0.02%
AOS	B	-0.02%
FHN	D	-0.02%
AAON	B	-0.02%
SEE	D	-0.02%
VTR	C	-0.02%
ITRI	C	-0.02%
MSA	F	-0.02%
AIG	F	-0.02%
SLGN	C	-0.02%
AVY	D	-0.01%
ONB	D	-0.01%
CIEN	A	-0.01%
MTH	C	-0.01%