FLQL vs. TQQQ ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to ProShares UltraPro QQQ (TQQQ)

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

$59.90

Average Daily Volume

83,532

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

TQQQ

ProShares UltraPro QQQ

TQQQ Description

The investment seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the NASDAQ-100 IndexÂ®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times (3x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$81.79

Average Daily Volume

46,940,126

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	TQQQ
30 Days	1.15%	7.34%
60 Days	5.14%	21.83%
90 Days	6.51%	19.86%
12 Months	33.05%	92.66%

28 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in TQQQ	Overlap
AAPL	C	7.09%	2.87%	2.87%
ADI	F	0.35%	0.25%	0.25%
AMAT	F	1.04%	0.34%	0.34%
AMGN	F	1.24%	0.38%	0.38%
AMZN	A	2.77%	1.84%	1.84%
AVGO	C	1.86%	1.82%	1.82%
BKNG	A	1.13%	0.37%	0.37%
COST	B	1.65%	0.87%	0.87%
CTAS	A	0.45%	0.19%	0.19%
CTSH	A	0.24%	0.09%	0.09%
FANG	D	0.2%	0.12%	0.12%
FAST	A	0.33%	0.1%	0.1%
GOOG	B	1.73%	0.85%	0.85%
GOOGL	B	2.03%	0.88%	0.88%
ISRG	A	1.26%	0.4%	0.4%
KLAC	F	0.74%	0.2%	0.2%
LRCX	F	0.72%	0.22%	0.22%
MCHP	F	0.26%	0.09%	0.09%
META	B	2.6%	1.69%	1.69%
MSFT	C	5.96%	2.65%	2.65%
NVDA	B	6.5%	3.03%	3.03%
PCAR	B	0.42%	0.13%	0.13%
QCOM	F	1.23%	0.42%	0.42%
REGN	F	0.67%	0.19%	0.19%
TMUS	A	0.57%	0.59%	0.57%
TSLA	B	0.85%	1.18%	0.85%
TXN	C	1.25%	0.43%	0.43%
VRTX	B	0.96%	0.28%	0.28%

FLQL Overweight 182 Positions Relative to TQQQ

Symbol	Grade	Weight
MA	B	1.75%
ABBV	D	1.67%
WMT	A	1.67%
JNJ	D	1.63%
LLY	F	1.53%
IBM	C	1.33%
MRK	F	1.31%
CAT	C	1.27%
VZ	C	1.26%
JPM	B	1.14%
BRK.A	B	1.08%
T	A	1.07%
TJX	B	0.92%
C	A	0.92%
SYK	A	0.88%
MO	A	0.84%
ORCL	A	0.82%
ANET	C	0.82%
BSX	A	0.8%
PM	C	0.73%
WM	A	0.68%
XOM	B	0.63%
TT	A	0.6%
APH	B	0.59%
CI	D	0.56%
CB	C	0.56%
MSI	B	0.55%
CMG	B	0.55%
MCO	C	0.55%
HCA	D	0.54%
GS	B	0.54%
CL	F	0.53%
RTX	C	0.52%
UNH	B	0.51%
PH	A	0.48%
SPG	B	0.44%
LMT	C	0.42%
GD	A	0.41%
DHI	F	0.39%
URI	B	0.38%
PSA	C	0.37%
GWW	B	0.36%
GM	A	0.33%
HLT	A	0.32%
SO	D	0.31%
LEN	D	0.31%
RSG	A	0.3%
ELV	F	0.29%
HPQ	B	0.28%
ACGL	D	0.27%
APP	B	0.25%
CMI	A	0.24%
GRMN	A	0.24%
PHM	D	0.23%
PEG	C	0.23%
AFL	C	0.22%
NVR	D	0.22%
HWM	A	0.22%
DECK	B	0.21%
NTAP	D	0.21%
LDOS	B	0.2%
IRM	D	0.2%
GLW	C	0.2%
HPE	B	0.19%
DELL	B	0.18%
SYF	B	0.18%
DAL	A	0.18%
HIG	C	0.18%
O	D	0.17%
LYB	F	0.17%
ETR	B	0.17%
WAB	A	0.17%
SPOT	A	0.17%
RCL	A	0.16%
WSM	F	0.16%
EBAY	C	0.16%
LII	B	0.15%
CSL	B	0.15%
TSCO	C	0.15%
FICO	B	0.15%
STLD	B	0.15%
PKG	B	0.14%
KMB	F	0.14%
TOL	C	0.13%
MAS	D	0.13%
IP	C	0.13%
TPL	B	0.13%
RMD	C	0.13%
WSO	A	0.12%
ALSN	A	0.12%
CACI	C	0.12%
NRG	B	0.12%
OC	A	0.12%
RL	B	0.12%
UTHR	B	0.12%
THC	B	0.12%
MPWR	F	0.12%
BBY	D	0.12%
CFG	B	0.12%
LAMR	D	0.11%
BJ	B	0.11%
OHI	C	0.11%
TNL	A	0.11%
CUZ	C	0.11%
UHS	D	0.11%
RGLD	C	0.11%
SCCO	F	0.11%
JEF	A	0.11%
EHC	A	0.11%
LNC	B	0.11%
EXR	D	0.11%
CW	B	0.11%
ESS	C	0.11%
EME	B	0.11%
CF	B	0.11%
FIX	B	0.11%
JHG	B	0.11%
CASY	B	0.11%
EVR	B	0.11%
KRC	C	0.11%
AWI	B	0.11%
MDU	F	0.11%
DTM	B	0.11%
TXRH	A	0.11%
AYI	B	0.11%
LOPE	B	0.1%
UGI	D	0.1%
KEX	B	0.1%
AMCR	D	0.1%
GLPI	D	0.1%
CLH	B	0.1%
G	B	0.1%
DGX	A	0.1%
M	D	0.1%
MTG	C	0.1%
AXS	A	0.1%
AVT	C	0.1%
OMC	B	0.1%
JNPR	D	0.1%
AVB	A	0.1%
FOX	A	0.1%
CHRW	A	0.1%
SWKS	F	0.1%
ADC	A	0.1%
FOXA	A	0.1%
K	A	0.1%
NFG	C	0.1%
INGR	B	0.1%
R	A	0.1%
MUSA	B	0.1%
DKS	F	0.1%
EMN	D	0.1%
PPC	B	0.1%
RGA	A	0.1%
DPZ	C	0.1%
HIW	D	0.1%
VICI	D	0.1%
DVN	F	0.09%
MEDP	C	0.09%
WU	F	0.09%
TER	F	0.09%
PK	B	0.09%
GAP	B	0.09%
NEU	C	0.09%
NNN	F	0.09%
SNX	C	0.09%
DVA	C	0.09%
SSNC	C	0.09%
CHE	D	0.09%
GPK	D	0.09%
ROL	B	0.09%
HRB	D	0.09%
EPR	D	0.09%
LEN	D	0.09%
CRUS	F	0.08%
COKE	C	0.08%
CIVI	F	0.08%
CRI	D	0.08%
APA	F	0.08%
OGN	F	0.08%
WING	D	0.07%
CROX	F	0.07%

FLQL Underweight 73 Positions Relative to TQQQ

Symbol	Grade	Weight
NFLX	A	-0.73%
CSCO	A	-0.51%
AMD	F	-0.51%
PEP	D	-0.5%
ADBE	C	-0.49%
LIN	D	-0.48%
INTU	A	-0.4%
CMCSA	B	-0.38%
HON	B	-0.31%
MU	D	-0.27%
ADP	A	-0.27%
PANW	A	-0.27%
GILD	C	-0.25%
MELI	D	-0.24%
SBUX	B	-0.24%
INTC	C	-0.23%
SNPS	B	-0.19%
MDLZ	F	-0.19%
PDD	F	-0.18%
CDNS	B	-0.18%
PYPL	A	-0.18%
MAR	A	-0.17%
MRVL	B	-0.17%
CSX	B	-0.16%
ORLY	A	-0.16%
CEG	D	-0.16%
CRWD	B	-0.16%
FTNT	B	-0.14%
ABNB	C	-0.14%
ASML	F	-0.14%
ADSK	A	-0.14%
DASH	A	-0.14%
CHTR	B	-0.13%
NXPI	F	-0.13%
ROP	A	-0.13%
MNST	B	-0.12%
CPRT	A	-0.12%
PAYX	B	-0.12%
WDAY	B	-0.12%
TTD	B	-0.12%
ODFL	B	-0.11%
AEP	D	-0.11%
KDP	D	-0.1%
ROST	F	-0.1%
GEHC	F	-0.09%
VRSK	A	-0.09%
DDOG	B	-0.09%
KHC	F	-0.09%
EA	A	-0.09%
BKR	B	-0.09%
IDXX	D	-0.08%
CCEP	C	-0.08%
TEAM	B	-0.08%
LULU	C	-0.08%
XEL	A	-0.08%
AZN	F	-0.08%
EXC	C	-0.08%
CSGP	D	-0.07%
ON	F	-0.07%
BIIB	F	-0.06%
GFS	C	-0.06%
CDW	F	-0.06%
DXCM	C	-0.06%
ZS	B	-0.06%
ANSS	B	-0.06%
TTWO	A	-0.06%
WBD	B	-0.05%
MDB	C	-0.05%
ILMN	C	-0.05%
ARM	D	-0.04%
MRNA	F	-0.04%
SMCI	F	-0.03%
DLTR	F	-0.03%