FLQM vs. FLCC ETF Comparison

Comparison of Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) to Federated Hermes MDT Large Cap Core ETF (FLCC)

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

$57.89

Average Daily Volume

152,590

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

FLCC

Federated Hermes MDT Large Cap Core ETF

FLCC Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in large-cap companies. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.60

Average Daily Volume

1,206

Number of Holdings ^*

141

* may have additional holdings in another (foreign) market

Performance

Period	FLQM	FLCC
30 Days	3.80%	4.31%
60 Days	4.58%	7.12%
90 Days	4.77%	10.43%
12 Months	30.18%

34 Overlapping Holdings

Symbol	Grade	Weight in FLQM	Weight in FLCC	Overlap
ACGL	C	0.61%	0.29%	0.29%
ALLE	C	0.45%	0.22%	0.22%
ALSN	B	0.47%	0.71%	0.47%
BAH	F	0.85%	0.52%	0.52%
COR	B	0.75%	0.61%	0.61%
CRUS	D	0.17%	0.39%	0.17%
CW	C	0.46%	0.18%	0.18%
DVN	F	0.72%	0.14%	0.14%
EBAY	D	0.91%	0.44%	0.44%
EXPE	B	0.38%	0.99%	0.38%
GAP	C	0.07%	0.84%	0.07%
GDDY	A	0.89%	2.53%	0.89%
HIG	B	1.05%	0.25%	0.25%
HPE	B	0.93%	0.22%	0.22%
INCY	C	0.61%	0.59%	0.59%
KR	B	1.02%	0.51%	0.51%
KRC	B	0.14%	1.03%	0.14%
LII	A	0.84%	0.42%	0.42%
LNG	A	0.96%	0.84%	0.84%
MAN	F	0.11%	0.13%	0.11%
MAS	D	0.59%	0.28%	0.28%
MSCI	C	1.09%	0.12%	0.12%
MUSA	B	0.37%	0.47%	0.37%
NTAP	C	0.91%	0.2%	0.2%
OTIS	C	0.93%	0.27%	0.27%
PAYC	B	0.4%	0.66%	0.4%
R	B	0.25%	0.15%	0.15%
STLD	B	0.76%	0.16%	0.16%
TER	F	0.54%	0.03%	0.03%
UTHR	C	0.62%	0.08%	0.08%
VLTO	C	0.49%	2.38%	0.49%
VRSK	A	0.69%	0.53%	0.53%
WING	D	0.29%	0.93%	0.29%
WU	F	0.19%	0.16%	0.16%

FLQM Overweight 166 Positions Relative to FLCC

Symbol	Grade	Weight
FICO	B	1.62%
GRMN	B	1.17%
GWW	B	1.16%
FAST	B	1.14%
IT	C	1.14%
EA	A	1.13%
ODFL	C	1.12%
SYF	B	1.11%
DAL	B	1.1%
AVB	B	1.09%
ALL	A	1.09%
PAYX	B	1.08%
RMD	C	1.06%
TPL	A	1.04%
DHI	F	1.0%
DOV	A	1.0%
PHM	D	0.99%
HPQ	B	0.94%
WAT	C	0.94%
CINF	A	0.9%
DECK	A	0.89%
CHD	A	0.89%
TSCO	D	0.89%
YUM	D	0.89%
SYY	D	0.86%
AWK	C	0.86%
BLDR	D	0.85%
BBY	D	0.85%
FANG	C	0.84%
CMI	A	0.84%
RF	A	0.83%
WSM	C	0.82%
NVR	D	0.79%
MTD	F	0.77%
CLX	A	0.77%
OMC	C	0.77%
IDXX	F	0.77%
SNA	A	0.76%
MANH	D	0.76%
TROW	B	0.74%
CDW	F	0.73%
LYB	F	0.72%
ULTA	F	0.7%
RS	B	0.7%
WSO	A	0.67%
VRSN	C	0.67%
EXPD	C	0.67%
GPC	D	0.65%
AVY	F	0.62%
RPM	A	0.61%
CF	A	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%
UAL	A	0.54%
GGG	B	0.53%
CASY	A	0.52%
NBIX	C	0.52%
HSY	F	0.52%
TXRH	B	0.51%
POOL	C	0.5%
FFIV	B	0.5%
NDSN	B	0.49%
EHC	B	0.49%
UNM	A	0.48%
DKS	D	0.48%
UHS	D	0.48%
CHRW	B	0.47%
OVV	B	0.46%
BJ	A	0.46%
LECO	C	0.46%
JBL	C	0.45%
CPT	B	0.44%
JNPR	D	0.42%
ELS	C	0.42%
GL	C	0.42%
SAIA	B	0.42%
RPRX	D	0.4%
TOL	B	0.39%
TPX	B	0.38%
SEIC	B	0.37%
HRB	D	0.37%
BXP	C	0.37%
LDOS	C	0.37%
K	A	0.37%
DCI	B	0.36%
LKQ	F	0.36%
ACI	C	0.36%
DOX	D	0.35%
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%
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%
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%
CROX	D	0.19%
LAMR	C	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%
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%
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%
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%
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 107 Positions Relative to FLCC

Symbol	Grade	Weight
MSFT	D	-5.55%
AAPL	C	-5.33%
GOOGL	C	-4.82%
NVDA	B	-3.9%
META	D	-2.49%
GEV	B	-2.21%
SPOT	B	-2.21%
AMP	A	-2.16%
ABBV	F	-1.98%
PRU	A	-1.92%
NTNX	B	-1.68%
PM	B	-1.61%
AMZN	C	-1.6%
FTNT	C	-1.58%
APP	B	-1.57%
STT	B	-1.5%
BK	A	-1.49%
COST	A	-1.48%
ANET	C	-1.45%
QCOM	F	-1.42%
IBKR	A	-1.23%
JNJ	C	-1.15%
NTRS	A	-1.05%
TRV	B	-1.05%
GILD	C	-0.96%
SN	D	-0.96%
KMB	C	-0.9%
PGR	A	-0.79%
MRK	D	-0.76%
CL	D	-0.74%
PPG	F	-0.71%
AMGN	F	-0.63%
RCL	A	-0.63%
ZM	C	-0.59%
PEGA	B	-0.57%
MA	B	-0.56%
EOG	A	-0.56%
VRT	B	-0.54%
AMAT	F	-0.51%
AAP	D	-0.5%
ELAN	D	-0.5%
MPC	D	-0.48%
CEG	C	-0.47%
TRGP	A	-0.47%
ZTS	D	-0.46%
PEP	F	-0.45%
TT	A	-0.44%
ORCL	A	-0.38%
CRBG	B	-0.38%
EIX	B	-0.38%
ORLY	B	-0.36%
PLTR	B	-0.36%
FMC	D	-0.36%
MU	D	-0.33%
VRTX	D	-0.33%
NEM	D	-0.32%
PVH	C	-0.32%
TJX	A	-0.3%
ILMN	C	-0.3%
REGN	F	-0.29%
TSLA	B	-0.28%
WM	B	-0.28%
UNP	C	-0.28%
LLY	F	-0.27%
BIIB	F	-0.27%
DXC	B	-0.27%
ELV	F	-0.27%
DASH	B	-0.26%
HUM	C	-0.25%
DDOG	A	-0.25%
VIRT	A	-0.25%
RBLX	C	-0.24%
DELL	B	-0.24%
CI	D	-0.23%
AXTA	B	-0.23%
WEC	A	-0.23%
ADBE	C	-0.22%
ICE	C	-0.21%
CAH	B	-0.21%
RYAN	A	-0.2%
CBOE	C	-0.18%
CNC	D	-0.18%
CRM	B	-0.16%
TFX	F	-0.14%
ZI	D	-0.14%
GEHC	D	-0.14%
ROK	C	-0.14%
QRVO	F	-0.12%
MOS	F	-0.12%
NOW	A	-0.12%
PSX	C	-0.11%
HUBS	A	-0.1%
CBRE	B	-0.1%
UNH	B	-0.09%
XEL	A	-0.09%
ESS	B	-0.09%
EXC	C	-0.07%
ALGN	D	-0.07%
BERY	C	-0.07%
SPG	A	-0.06%
ALNY	D	-0.05%
AA	A	-0.05%
LRCX	F	-0.05%
CCI	C	-0.05%
SBAC	D	-0.05%
F	C	-0.04%
AMT	C	-0.03%