FLQL vs. SHE ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to SPDR SSGA Gender Diversity Index ETF (SHE)

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

SHE

SPDR SSGA Gender Diversity Index ETF

SHE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Gender Diversity Index, which tracks U.S. companies that are leaders in advancing women through gender diversity on their boards of directors and in management. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. In addition, it may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$114.16

Average Daily Volume

3,542

Number of Holdings ^*

236

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	SHE
30 Days	2.22%	3.11%
60 Days	3.76%	4.63%
90 Days	4.30%	5.52%
12 Months	32.67%	31.97%

62 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in SHE	Overlap
AAPL	C	6.43%	4.41%	4.41%
APA	F	0.07%	0.03%	0.03%
BBWI	F	0.05%	0.03%	0.03%
BBY	C	0.11%	0.1%	0.1%
BKNG	C	1.04%	1.1%	1.04%
C	C	0.87%	0.46%	0.46%
CAT	B	1.24%	0.88%	0.88%
CDW	D	0.17%	0.55%	0.17%
CE	F	0.1%	0.05%	0.05%
CI	C	0.62%	0.37%	0.37%
CL	D	0.54%	0.33%	0.33%
CMG	C	0.61%	0.63%	0.61%
CMI	C	0.16%	0.21%	0.16%
COST	B	1.75%	1.17%	1.17%
CSCO	C	1.43%	3.61%	1.43%
DAL	C	0.11%	0.03%	0.03%
DECK	C	0.23%	0.13%	0.13%
DHI	B	0.46%	0.27%	0.27%
DKS	D	0.12%	0.09%	0.09%
EBAY	B	0.13%	0.14%	0.13%
EMR	D	0.22%	0.21%	0.21%
ETN	C	0.89%	0.44%	0.44%
ETR	B	0.11%	0.1%	0.1%
FANG	D	0.18%	0.11%	0.11%
GDDY	C	0.15%	0.41%	0.15%
GWW	B	0.36%	0.15%	0.15%
HIG	B	0.14%	0.16%	0.14%
HLT	B	0.27%	0.48%	0.27%
IDXX	C	0.34%	0.17%	0.17%
IRM	C	0.14%	0.14%	0.14%
JNJ	C	1.77%	1.64%	1.64%
JPM	D	1.09%	2.49%	1.09%
LDOS	B	0.16%	0.08%	0.08%
LLY	C	1.83%	2.84%	1.83%
LPLA	D	0.12%	0.06%	0.06%
LYB	D	0.19%	0.08%	0.08%
MCK	F	0.44%	0.27%	0.27%
MCO	B	0.56%	0.36%	0.36%
META	B	2.55%	4.36%	2.55%
MRK	D	1.4%	1.11%	1.11%
MSFT	C	6.7%	4.47%	4.47%
NBIX	F	0.1%	0.05%	0.05%
NVDA	D	5.25%	4.12%	4.12%
OC	D	0.12%	0.05%	0.05%
OVV	F	0.08%	0.04%	0.04%
PEG	B	0.15%	0.17%	0.15%
PGR	B	0.57%	0.69%	0.57%
PSA	B	0.42%	0.22%	0.22%
SPG	B	0.46%	0.21%	0.21%
SYF	C	0.16%	0.07%	0.07%
T	C	0.94%	0.65%	0.65%
TJX	B	0.98%	1.27%	0.98%
TMUS	C	0.37%	0.46%	0.37%
TSCO	C	0.13%	0.28%	0.13%
TT	B	0.58%	0.31%	0.31%
UTHR	C	0.12%	0.05%	0.05%
VRTX	D	1.08%	0.46%	0.46%
VZ	B	1.33%	0.89%	0.89%
WAB	B	0.12%	0.1%	0.1%
WSM	D	0.18%	0.16%	0.16%
XOM	C	0.42%	1.42%	0.42%
ZTS	C	0.57%	0.36%	0.36%

FLQL Overweight 146 Positions Relative to SHE

Symbol	Grade	Weight
AMZN	C	2.91%
AVGO	C	1.98%
GOOGL	D	1.93%
MA	B	1.76%
ABBV	C	1.74%
GOOG	D	1.65%
IBM	B	1.46%
AMGN	B	1.32%
WMT	C	1.32%
TXN	C	1.25%
ISRG	B	1.24%
BRK.A	C	1.12%
QCOM	D	1.08%
AMAT	D	1.07%
CMCSA	D	1.02%
SYK	C	0.99%
REGN	C	0.94%
KLAC	D	0.86%
LRCX	F	0.83%
ANET	B	0.81%
MO	C	0.8%
TSLA	C	0.76%
WM	D	0.76%
BSX	B	0.7%
HCA	B	0.64%
APH	D	0.54%
MPC	F	0.5%
PH	B	0.46%
MSI	B	0.45%
PCAR	D	0.44%
CB	B	0.43%
URI	B	0.39%
CTAS	B	0.36%
LEN	B	0.36%
VLO	F	0.34%
RSG	D	0.33%
GD	B	0.32%
ACGL	C	0.31%
MCHP	F	0.3%
FAST	C	0.3%
CTSH	C	0.26%
PHM	B	0.26%
HPQ	D	0.26%
NUE	F	0.25%
NVR	B	0.23%
GM	C	0.22%
NTAP	D	0.21%
BLDR	C	0.19%
GRMN	D	0.19%
HPE	D	0.17%
CSL	B	0.15%
HWM	B	0.15%
TOL	B	0.15%
LII	B	0.15%
PKG	B	0.14%
MAS	B	0.14%
STLD	F	0.14%
RS	D	0.13%
GLW	C	0.13%
UHS	B	0.13%
APP	C	0.13%
THC	A	0.12%
SWKS	D	0.12%
DPZ	F	0.12%
EXP	B	0.12%
OHI	B	0.12%
WSO	C	0.12%
HIW	B	0.12%
CLH	A	0.12%
CASY	D	0.12%
CUZ	B	0.12%
JEF	B	0.12%
HRB	C	0.12%
COKE	C	0.12%
RGA	C	0.12%
LAMR	B	0.11%
KRC	B	0.11%
PPC	D	0.11%
AWI	B	0.11%
R	A	0.11%
ALSN	B	0.11%
CFG	C	0.11%
EHC	C	0.11%
LEN	B	0.11%
SCCO	D	0.11%
TXRH	C	0.11%
DELL	D	0.11%
CW	B	0.11%
BLD	D	0.11%
EVR	A	0.11%
ESS	B	0.11%
NNN	C	0.11%
EPR	B	0.11%
CF	C	0.11%
MUSA	D	0.11%
MTG	B	0.11%
OGN	D	0.1%
LOPE	D	0.1%
CRI	D	0.1%
JBL	D	0.1%
SAIC	C	0.1%
FIX	B	0.1%
NEU	D	0.1%
AGO	C	0.1%
IBKR	B	0.1%
EMN	B	0.1%
ITT	B	0.1%
MEDP	F	0.1%
WING	B	0.1%
NFG	B	0.1%
SMCI	F	0.1%
AXS	B	0.1%
CHE	C	0.1%
CRUS	D	0.1%
IP	B	0.1%
CACI	B	0.1%
MDU	C	0.1%
INGR	B	0.1%
DVA	B	0.1%
JNPR	B	0.1%
TER	D	0.09%
OSK	F	0.09%
AVT	C	0.09%
WU	F	0.09%
OMF	D	0.09%
RL	C	0.09%
TNL	D	0.09%
DCI	C	0.09%
X	F	0.09%
MSM	D	0.09%
AYI	B	0.09%
TPR	C	0.09%
KEX	C	0.09%
NRG	C	0.09%
SLM	D	0.09%
GNTX	F	0.08%
PSTG	F	0.08%
NVT	D	0.08%
CROX	D	0.08%
PK	D	0.08%
SNX	D	0.08%
LNC	D	0.08%
BJ	D	0.08%
GAP	F	0.07%
CIVI	F	0.07%
M	F	0.07%

FLQL Underweight 174 Positions Relative to SHE

Symbol	Grade	Weight
ACN	C	-4.48%
INTU	C	-3.5%
UNH	C	-1.84%
PG	C	-1.7%
V	C	-1.6%
INTC	F	-1.59%
NFLX	B	-1.58%
KO	C	-1.2%
ADSK	C	-1.12%
BAC	D	-1.1%
SBUX	C	-1.0%
LIN	B	-0.97%
LOW	B	-0.94%
CVX	D	-0.92%
FTNT	C	-0.91%
ABT	C	-0.78%
WFC	D	-0.77%
SPGI	B	-0.63%
UBER	C	-0.61%
AXP	B	-0.61%
GE	B	-0.56%
MAR	C	-0.55%
RTX	C	-0.51%
HON	D	-0.49%
ANSS	D	-0.49%
ROST	C	-0.48%
MMC	C	-0.47%
NKE	D	-0.46%
MDT	C	-0.46%
HUBS	D	-0.45%
TYL	C	-0.45%
SCHW	D	-0.41%
GILD	B	-0.4%
DE	B	-0.35%
ABNB	D	-0.34%
NOC	B	-0.33%
BA	F	-0.31%
DUK	C	-0.3%
PNC	B	-0.29%
LULU	D	-0.28%
CVS	D	-0.28%
TGT	C	-0.28%
FLUT	B	-0.28%
ITW	C	-0.28%
NEM	B	-0.27%
AKAM	D	-0.26%
EQIX	C	-0.26%
MMM	B	-0.26%
D	C	-0.25%
FDX	C	-0.24%
TFC	C	-0.23%
RCL	B	-0.23%
JCI	B	-0.22%
WCN	D	-0.22%
DLR	B	-0.21%
ECL	B	-0.21%
CARR	B	-0.2%
EOG	D	-0.2%
BK	B	-0.2%
AIG	D	-0.2%
AEP	C	-0.19%
ALL	B	-0.19%
NSC	C	-0.19%
O	C	-0.19%
COF	B	-0.19%
PRU	C	-0.19%
FIS	B	-0.18%
TWLO	D	-0.18%
BURL	B	-0.17%
ULTA	D	-0.17%
CHTR	D	-0.16%
CSGP	D	-0.16%
GIS	B	-0.16%
PSX	F	-0.16%
CNC	D	-0.16%
VICI	C	-0.16%
ED	C	-0.15%
EIX	C	-0.15%
OXY	F	-0.15%
EXC	C	-0.15%
LNG	C	-0.15%
SQ	D	-0.14%
APTV	D	-0.14%
DOW	D	-0.14%
KR	C	-0.14%
AWK	B	-0.14%
ALNY	C	-0.13%
XYL	C	-0.13%
DTE	C	-0.13%
WTW	C	-0.13%
STZ	D	-0.13%
VTR	C	-0.13%
VLTO	C	-0.13%
EXR	B	-0.13%
BIIB	F	-0.12%
MTB	B	-0.12%
FITB	B	-0.12%
HSY	C	-0.12%
EA	D	-0.12%
XEL	B	-0.12%
VST	C	-0.12%
GPN	D	-0.11%
DD	B	-0.11%
ROK	D	-0.11%
CAH	C	-0.11%
BKR	C	-0.11%
AVB	B	-0.11%
WEC	C	-0.11%
TTD	B	-0.11%
EQR	B	-0.1%
BR	D	-0.1%
INVH	C	-0.1%
ADM	D	-0.1%
FTV	C	-0.1%
TROW	D	-0.09%
IFF	B	-0.09%
EL	F	-0.09%
CLX	C	-0.09%
PPL	C	-0.09%
ILMN	C	-0.08%
AEE	C	-0.08%
DG	F	-0.08%
PFG	B	-0.08%
WY	C	-0.08%
MAA	B	-0.08%
LVS	D	-0.08%
RF	B	-0.08%
HUBB	B	-0.08%
CHD	D	-0.08%
TTWO	C	-0.08%
CNP	C	-0.08%
WBD	D	-0.08%
PINS	F	-0.07%
OMC	B	-0.07%
NTRS	A	-0.07%
KMX	D	-0.07%
FDS	C	-0.07%
CMS	C	-0.07%
J	C	-0.07%
KIM	C	-0.07%
SSNC	B	-0.07%
AMCR	B	-0.07%
SW	B	-0.07%
HST	C	-0.06%
EQT	D	-0.06%
TSN	C	-0.06%
IPG	C	-0.06%
PNR	B	-0.06%
KEY	B	-0.06%
TRU	B	-0.06%
SWK	B	-0.06%
MGM	F	-0.06%
RPM	B	-0.05%
TFX	C	-0.05%
SNAP	F	-0.05%
RIVN	F	-0.05%
AMH	C	-0.05%
ACM	B	-0.05%
SJM	C	-0.05%
TXT	D	-0.05%
CRL	F	-0.04%
INCY	C	-0.04%
PARA	F	-0.04%
AIZ	B	-0.04%
WYNN	D	-0.04%
HRL	C	-0.04%
ACI	F	-0.03%
WBA	F	-0.03%
NWSA	D	-0.03%
CPB	C	-0.03%
Z	B	-0.03%
ALB	D	-0.03%
DAY	D	-0.03%
LUV	C	-0.02%