FLQM vs. FAS ETF Comparison

Comparison of Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) to Direxion Financial Bull 3X Shares (FAS)

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

$54.74

Average Daily Volume

135,920

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

FAS

Direxion Financial Bull 3X Shares

FAS Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000Â® Financial Services Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000Â® Financial Services Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000Â® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$128.25

Average Daily Volume

771,141

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLQM	FAS
30 Days	1.88%	6.78%
60 Days	3.89%	13.05%
90 Days	5.94%	24.63%
12 Months	26.27%	91.08%

11 Overlapping Holdings

Symbol	Grade	Weight in FLQM	Weight in FAS	Overlap
ACGL	B	0.74%	0.45%	0.45%
ALL	A	1.09%	0.54%	0.54%
CINF	B	0.86%	0.23%	0.23%
EG	B	0.64%	0.18%	0.18%
GL	C	0.42%	0.09%	0.09%
HIG	A	1.1%	0.37%	0.37%
IVZ	C	0.11%	0.08%	0.08%
MSCI	C	1.09%	0.49%	0.49%
RF	B	0.75%	0.22%	0.22%
SYF	C	0.88%	0.2%	0.2%
TROW	D	0.69%	0.26%	0.26%

FLQM Overweight 187 Positions Relative to FAS

Symbol	Grade	Weight
FICO	A	1.34%
DHI	B	1.23%
RMD	C	1.17%
IT	B	1.15%
AVB	B	1.13%
GRMN	D	1.08%
PAYX	C	1.07%
PHM	B	1.07%
EA	D	1.06%
ODFL	C	1.05%
GWW	B	1.02%
BBY	B	1.0%
FAST	C	1.0%
BAH	B	0.97%
AWK	A	0.97%
MTD	D	0.96%
KR	B	0.96%
DOV	B	0.95%
EBAY	B	0.94%
IDXX	C	0.94%
YUM	D	0.94%
SYY	D	0.94%
TSCO	C	0.93%
CDW	D	0.93%
WAT	C	0.93%
NTAP	D	0.92%
HPQ	D	0.91%
OTIS	D	0.9%
CHD	C	0.9%
LYB	F	0.87%
FANG	D	0.87%
NVR	B	0.86%
WSM	C	0.85%
BLDR	C	0.84%
LNG	D	0.84%
DVN	F	0.82%
OMC	A	0.82%
HPE	D	0.81%
ULTA	D	0.8%
DAL	C	0.8%
LII	B	0.79%
DECK	C	0.79%
CLX	C	0.79%
GDDY	C	0.78%
MANH	B	0.77%
GPC	D	0.75%
EXPD	B	0.73%
VRSN	D	0.72%
CMI	C	0.72%
AVY	D	0.72%
VRSK	D	0.71%
TER	D	0.68%
HSY	C	0.66%
RS	D	0.65%
STLD	D	0.64%
UTHR	C	0.64%
THC	B	0.63%
MAS	B	0.63%
SNA	B	0.62%
TPL	C	0.62%
WSO	C	0.61%
UHS	B	0.59%
CF	B	0.58%
ROL	C	0.58%
NBIX	F	0.56%
RPM	B	0.55%
VLTO	C	0.55%
INCY	C	0.53%
DKS	D	0.53%
POOL	C	0.51%
VTRS	C	0.51%
CASY	D	0.5%
NDSN	C	0.5%
GGG	C	0.5%
TPR	C	0.47%
EHC	B	0.47%
CPT	B	0.47%
JNPR	A	0.47%
RPRX	C	0.46%
ELS	C	0.46%
ALLE	B	0.46%
TXRH	D	0.45%
CHRW	B	0.45%
BJ	D	0.44%
FFIV	A	0.44%
OVV	D	0.43%
ALLY	F	0.41%
LECO	F	0.41%
CW	B	0.41%
LKQ	D	0.4%
HRB	C	0.4%
K	A	0.39%
TOL	B	0.38%
UNM	B	0.38%
LDOS	C	0.38%
JBL	D	0.38%
MUSA	C	0.38%
KNSL	C	0.37%
BXP	B	0.37%
DOX	C	0.37%
ACI	F	0.36%
TPX	C	0.36%
ALSN	B	0.36%
SKX	C	0.35%
DCI	D	0.35%
SAIA	D	0.35%
NNN	B	0.34%
WING	B	0.34%
MTG	B	0.34%
APA	F	0.33%
DG	F	0.33%
SEIC	B	0.32%
TTC	D	0.32%
PAYC	D	0.32%
UAL	B	0.31%
RL	B	0.3%
CACI	B	0.3%
CHE	C	0.3%
ORI	A	0.3%
LW	D	0.3%
EXPE	C	0.29%
ACHC	C	0.28%
G	C	0.27%
EGP	B	0.27%
CROX	C	0.26%
WPC	B	0.26%
DINO	D	0.26%
RHI	D	0.26%
LSTR	D	0.25%
PB	B	0.25%
AMG	C	0.24%
OGN	D	0.24%
CRUS	D	0.24%
BBWI	F	0.24%
DVA	B	0.23%
STAG	C	0.23%
WU	D	0.23%
VNT	D	0.22%
R	B	0.22%
VFC	C	0.22%
FLO	C	0.21%
SON	C	0.21%
AN	D	0.21%
AM	B	0.21%
NFG	B	0.2%
SEE	D	0.2%
BC	C	0.2%
LAMR	A	0.19%
M	F	0.18%
PII	D	0.18%
JHG	B	0.18%
WBA	F	0.18%
CHRD	F	0.17%
FOXA	B	0.17%
SOLV	C	0.17%
OMF	C	0.17%
MSM	D	0.17%
DLB	D	0.16%
HIW	B	0.15%
AGO	C	0.15%
COKE	C	0.15%
CHH	C	0.14%
AYI	B	0.14%
DTM	B	0.14%
KRC	B	0.13%
NEU	D	0.13%
MAN	C	0.13%
LOPE	D	0.13%
PAG	D	0.12%
AVT	D	0.12%
CIVI	F	0.11%
COLM	B	0.11%
CRI	C	0.11%
AWI	B	0.1%
COLB	B	0.1%
JWN	B	0.1%
APPF	D	0.09%
CUZ	B	0.08%
KSS	F	0.08%
GAP	F	0.07%
SNDR	B	0.06%
WEN	C	0.06%
CNXC	D	0.06%
CNA	C	0.05%
DDS	D	0.03%
SIRI	C	0.03%
PLTK	C	0.02%

FLQM Underweight 59 Positions Relative to FAS

Symbol	Grade	Weight
BRK.A	C	-8.95%
JPM	D	-6.51%
V	B	-4.93%
MA	B	-4.43%
BAC	D	-2.89%
WFC	D	-1.97%
SPGI	B	-1.83%
GS	D	-1.68%
PGR	A	-1.6%
AXP	B	-1.59%
BLK	A	-1.36%
MS	D	-1.33%
CB	B	-1.29%
MMC	C	-1.24%
C	D	-1.2%
BX	B	-1.15%
SCHW	D	-1.01%
ICE	B	-1.01%
KKR	B	-0.88%
CME	C	-0.86%
AON	B	-0.83%
MCO	A	-0.82%
PYPL	B	-0.81%
PNC	B	-0.78%
USB	B	-0.75%
AJG	C	-0.71%
TFC	D	-0.61%
AFL	B	-0.61%
TRV	B	-0.59%
COF	C	-0.58%
BK	A	-0.57%
AIG	D	-0.53%
FIS	B	-0.51%
MET	A	-0.49%
AMP	B	-0.47%
PRU	C	-0.46%
DFS	C	-0.36%
NDAQ	B	-0.33%
WTW	B	-0.32%
GPN	D	-0.31%
FITB	B	-0.31%
MTB	B	-0.3%
BRO	C	-0.27%
STT	A	-0.27%
CPAY	B	-0.24%
RJF	C	-0.24%
CBOE	C	-0.24%
HBAN	B	-0.23%
NTRS	B	-0.2%
CFG	D	-0.2%
PFG	B	-0.19%
WRB	C	-0.19%
FDS	C	-0.18%
KEY	B	-0.17%
L	B	-0.16%
JKHY	B	-0.14%
MKTX	C	-0.11%
AIZ	B	-0.11%
BEN	F	-0.06%