FLQM vs. DSTL ETF Comparison

Comparison of Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) to Distillate U.S. Fundamental Stability & Value ETF (DSTL)

FLQM

Franklin LibertyQ U.S. Mid Cap Equity ETF

FLQM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Mid Cap Equity Index (the U.S. Mid Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Mid Cap underlying index. The U.S. Mid Cap underlying index is based on the Russell Midcap® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$57.35

Average Daily Volume

152,590

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

DSTL

Distillate U.S. Fundamental Stability & Value ETF

DSTL Description

The investment seeks to track the performance, before fees and expenses, of the Distillate U.S. Fundamental Stability & Value Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index was developed in 2018 by Distillate Capital Partners LLC, the fund's investment adviser and index provider (the "Adviser"), and uses an objective, rules-based methodology to measure the performance of U.S.-listed, large-capitalization equity securities, selected based on certain fundamental factors.

Grade (RS Rating)

Last Trade

$57.79

Average Daily Volume

109,111

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLQM	DSTL
30 Days	3.80%	2.63%
60 Days	4.58%	2.75%
90 Days	4.77%	3.90%
12 Months	30.18%	26.14%

30 Overlapping Holdings

Symbol	Grade	Weight in FLQM	Weight in DSTL	Overlap
ALLE	C	0.45%	0.7%	0.45%
AVY	F	0.62%	0.66%	0.62%
CMI	A	0.84%	0.93%	0.84%
CROX	D	0.19%	0.5%	0.19%
DKS	D	0.48%	0.66%	0.48%
DOX	D	0.35%	0.75%	0.35%
EA	A	1.13%	0.88%	0.88%
FANG	C	0.84%	0.99%	0.84%
FFIV	B	0.5%	0.76%	0.5%
GDDY	A	0.89%	0.87%	0.87%
GGG	B	0.53%	0.72%	0.53%
GPC	D	0.65%	0.64%	0.64%
HSY	F	0.52%	0.74%	0.52%
JBL	C	0.45%	0.88%	0.45%
KR	B	1.02%	0.92%	0.92%
LECO	C	0.46%	0.79%	0.46%
LKQ	F	0.36%	0.7%	0.36%
MAS	D	0.59%	0.71%	0.59%
NTAP	C	0.91%	0.76%	0.76%
NVR	D	0.79%	0.74%	0.74%
OMC	C	0.77%	0.82%	0.77%
PAYX	B	1.08%	1.0%	1.0%
PHM	D	0.99%	0.77%	0.77%
SYY	D	0.86%	0.86%	0.86%
TOL	B	0.39%	0.79%	0.39%
TPX	B	0.38%	0.72%	0.38%
UHS	D	0.48%	0.63%	0.48%
ULTA	F	0.7%	0.7%	0.7%
VRSN	C	0.67%	0.72%	0.67%
WSM	C	0.82%	0.63%	0.63%

FLQM Overweight 170 Positions Relative to DSTL

Symbol	Grade	Weight
FICO	B	1.62%
GRMN	B	1.17%
GWW	B	1.16%
FAST	B	1.14%
IT	C	1.14%
ODFL	C	1.12%
SYF	B	1.11%
DAL	B	1.1%
AVB	B	1.09%
ALL	A	1.09%
MSCI	C	1.09%
RMD	C	1.06%
HIG	B	1.05%
TPL	A	1.04%
DHI	F	1.0%
DOV	A	1.0%
LNG	A	0.96%
HPQ	B	0.94%
WAT	C	0.94%
HPE	B	0.93%
OTIS	C	0.93%
EBAY	D	0.91%
CINF	A	0.9%
DECK	A	0.89%
CHD	A	0.89%
TSCO	D	0.89%
YUM	D	0.89%
AWK	C	0.86%
BAH	F	0.85%
BLDR	D	0.85%
BBY	D	0.85%
LII	A	0.84%
RF	A	0.83%
MTD	F	0.77%
CLX	A	0.77%
IDXX	F	0.77%
STLD	B	0.76%
SNA	A	0.76%
MANH	D	0.76%
COR	B	0.75%
TROW	B	0.74%
CDW	F	0.73%
LYB	F	0.72%
DVN	F	0.72%
RS	B	0.7%
VRSK	A	0.69%
WSO	A	0.67%
EXPD	C	0.67%
UTHR	C	0.62%
RPM	A	0.61%
CF	A	0.61%
ACGL	C	0.61%
INCY	C	0.61%
TPR	B	0.6%
THC	D	0.59%
EG	C	0.58%
VTRS	A	0.57%
GEN	B	0.57%
ROL	B	0.55%
TER	F	0.54%
UAL	A	0.54%
CASY	A	0.52%
NBIX	C	0.52%
TXRH	B	0.51%
POOL	C	0.5%
NDSN	B	0.49%
EHC	B	0.49%
VLTO	C	0.49%
UNM	A	0.48%
ALSN	B	0.47%
CHRW	B	0.47%
OVV	B	0.46%
BJ	A	0.46%
CW	C	0.46%
CPT	B	0.44%
JNPR	D	0.42%
ELS	C	0.42%
GL	C	0.42%
SAIA	B	0.42%
RPRX	D	0.4%
PAYC	B	0.4%
EXPE	B	0.38%
SEIC	B	0.37%
HRB	D	0.37%
MUSA	B	0.37%
BXP	C	0.37%
LDOS	C	0.37%
K	A	0.37%
DCI	B	0.36%
ACI	C	0.36%
ALLY	C	0.35%
LW	C	0.35%
RL	C	0.34%
KNSL	B	0.34%
MTG	C	0.32%
ORI	A	0.31%
RHI	C	0.3%
TTC	C	0.3%
DG	F	0.3%
SKX	D	0.3%
WING	D	0.29%
G	B	0.29%
CHE	D	0.28%
APA	D	0.28%
NNN	C	0.28%
PB	B	0.27%
CACI	D	0.27%
BBWI	C	0.26%
AMG	B	0.25%
R	B	0.25%
VNT	C	0.24%
EGP	D	0.24%
WPC	C	0.23%
DINO	D	0.23%
LSTR	D	0.23%
VFC	C	0.23%
AM	A	0.22%
DVA	C	0.22%
JHG	B	0.21%
NFG	A	0.2%
AN	C	0.2%
STAG	D	0.2%
SEE	C	0.2%
OMF	A	0.2%
BC	C	0.2%
LAMR	C	0.19%
WU	F	0.19%
SON	F	0.18%
DTM	A	0.18%
FOXA	A	0.18%
FLO	D	0.18%
WBA	F	0.17%
OGN	F	0.17%
CRUS	D	0.17%
AGO	B	0.17%
AYI	B	0.17%
MSM	C	0.17%
M	F	0.17%
CHH	A	0.16%
CHRD	D	0.16%
DLB	B	0.16%
SOLV	D	0.16%
LOPE	C	0.15%
KRC	B	0.14%
HIW	C	0.14%
PII	F	0.14%
COKE	C	0.13%
ACHC	F	0.13%
COLB	B	0.12%
AVT	C	0.12%
COLM	C	0.11%
MAN	F	0.11%
IVZ	B	0.11%
PAG	B	0.11%
AWI	A	0.11%
NEU	D	0.11%
JWN	D	0.1%
CIVI	D	0.1%
APPF	B	0.09%
CUZ	B	0.08%
CRI	F	0.08%
KSS	F	0.07%
GAP	C	0.07%
WEN	D	0.06%
SNDR	B	0.06%
CNA	C	0.04%
SIRI	C	0.03%
DDS	B	0.03%
CNXC	F	0.03%
PLTK	B	0.02%

FLQM Underweight 67 Positions Relative to DSTL

Symbol	Grade	Weight
UNH	B	-3.36%
JNJ	C	-2.48%
TMUS	B	-2.46%
ABBV	F	-2.24%
CSCO	B	-2.15%
CRM	B	-2.02%
CMCSA	B	-1.95%
AMGN	F	-1.73%
BKNG	A	-1.58%
QCOM	F	-1.54%
CI	D	-1.53%
MO	A	-1.47%
ABT	B	-1.43%
MCK	A	-1.41%
ADP	A	-1.37%
LOW	C	-1.33%
HON	C	-1.31%
AMAT	F	-1.21%
PYPL	B	-1.2%
PCAR	B	-1.19%
FDX	B	-1.16%
LMT	D	-1.16%
ELV	F	-1.15%
EPD	A	-1.14%
MPLX	A	-1.08%
GD	D	-1.04%
LRCX	F	-1.02%
ABNB	C	-1.01%
CME	B	-0.99%
AJG	A	-0.92%
CPAY	A	-0.91%
AME	A	-0.89%
FIS	C	-0.89%
CTSH	B	-0.88%
WAB	B	-0.87%
SW	A	-0.87%
ZM	C	-0.86%
JAZZ	B	-0.85%
FIX	A	-0.85%
OC	A	-0.85%
EPAM	B	-0.84%
LEN	D	-0.83%
TDY	B	-0.82%
PR	B	-0.81%
PKG	A	-0.81%
BR	A	-0.8%
ON	D	-0.79%
USFD	A	-0.79%
DBX	B	-0.79%
GMED	A	-0.78%
SSNC	B	-0.76%
DGX	A	-0.76%
TXT	D	-0.75%
GIS	D	-0.74%
DRI	B	-0.72%
MEDP	D	-0.7%
HRL	D	-0.7%
CBOE	C	-0.69%
SWKS	F	-0.66%
EMN	C	-0.65%
BLD	D	-0.65%
AOS	F	-0.62%
WEX	D	-0.61%
WMS	F	-0.61%
HII	F	-0.56%
ICLR	D	-0.54%
QRVO	F	-0.46%