FLQM vs. FLRG ETF Comparison

Comparison of Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) to Fidelity U.S. Multifactor ETF (FLRG)

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

$54.86

Average Daily Volume

137,739

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

FLRG

Fidelity U.S. Multifactor ETF

FLRG Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Multifactor Index?. The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index?. The Fidelity U.S. Multifactor Index? is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$33.43

Average Daily Volume

19,267

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FLQM	FLRG
30 Days	3.76%	2.15%
60 Days	5.31%	4.81%
90 Days	7.50%	6.21%
12 Months	28.62%	29.18%

25 Overlapping Holdings

Symbol	Grade	Weight in FLQM	Weight in FLRG	Overlap
ACGL	C	0.74%	0.98%	0.74%
ALSN	B	0.36%	1.08%	0.36%
BLDR	C	0.93%	0.7%	0.7%
CF	C	0.57%	0.7%	0.57%
CHRD	F	0.17%	0.82%	0.17%
DLB	D	0.17%	0.21%	0.17%
DOX	C	0.37%	0.23%	0.23%
EA	D	1.04%	0.3%	0.3%
EG	C	0.63%	0.76%	0.63%
FICO	B	1.39%	0.37%	0.37%
FOXA	B	0.16%	0.27%	0.16%
LNG	C	0.84%	0.94%	0.84%
MANH	B	0.79%	0.25%	0.25%
MTG	B	0.34%	0.93%	0.34%
NFG	B	0.2%	1.19%	0.2%
NVR	B	0.86%	0.93%	0.86%
PAYX	C	1.06%	0.9%	0.9%
PHM	B	1.11%	0.95%	0.95%
RPRX	C	0.45%	0.64%	0.45%
SNA	C	0.62%	0.78%	0.62%
STLD	F	0.62%	0.75%	0.62%
SYF	C	0.85%	0.92%	0.85%
UTHR	C	0.62%	0.98%	0.62%
VRSK	D	0.68%	0.92%	0.68%
VRSN	D	0.7%	0.25%	0.25%

FLQM Overweight 172 Positions Relative to FLRG

Symbol	Grade	Weight
DHI	B	1.24%
IT	B	1.16%
RMD	C	1.15%
AVB	B	1.14%
MSCI	C	1.08%
ALL	B	1.08%
HIG	B	1.07%
ODFL	D	1.04%
GWW	B	1.03%
KR	C	1.01%
GRMN	D	1.0%
FAST	C	1.0%
EBAY	B	0.99%
BBY	C	0.98%
BAH	C	0.98%
AWK	B	0.97%
IDXX	C	0.97%
DOV	B	0.96%
MTD	D	0.94%
CDW	D	0.94%
TSCO	C	0.94%
NTAP	D	0.93%
YUM	D	0.92%
WSM	D	0.91%
WAT	C	0.9%
OTIS	C	0.9%
SYY	D	0.9%
CHD	D	0.88%
HPQ	D	0.87%
CINF	B	0.84%
LII	B	0.84%
LYB	D	0.84%
FANG	D	0.83%
OMC	B	0.82%
DECK	C	0.81%
DAL	C	0.81%
ULTA	D	0.8%
CLX	C	0.78%
HPE	D	0.77%
DVN	F	0.76%
GDDY	C	0.75%
GPC	D	0.74%
RF	B	0.73%
CMI	C	0.72%
AVY	C	0.71%
EXPD	C	0.7%
TER	D	0.68%
TROW	D	0.68%
THC	A	0.66%
RS	D	0.65%
WSO	C	0.64%
HSY	C	0.64%
MAS	B	0.64%
TPL	B	0.64%
UHS	B	0.59%
ROL	C	0.58%
RPM	B	0.56%
INCY	C	0.55%
NBIX	F	0.55%
VLTO	C	0.54%
DKS	D	0.53%
VTRS	D	0.53%
GGG	C	0.51%
POOL	C	0.51%
NDSN	C	0.5%
CASY	D	0.5%
TPR	C	0.48%
ALLE	B	0.48%
JNPR	B	0.47%
EHC	C	0.47%
CPT	B	0.47%
ELS	C	0.46%
FFIV	B	0.46%
CHRW	B	0.44%
TXRH	C	0.44%
BJ	D	0.44%
GL	C	0.42%
CW	B	0.42%
LECO	F	0.42%
OVV	F	0.41%
BXP	B	0.4%
HRB	C	0.4%
K	B	0.39%
MUSA	D	0.39%
LKQ	F	0.39%
TOL	B	0.39%
UNM	B	0.38%
JBL	D	0.38%
SAIA	D	0.37%
ACI	F	0.37%
TPX	C	0.37%
LDOS	B	0.37%
WING	B	0.37%
DCI	C	0.35%
KNSL	C	0.35%
SKX	D	0.35%
DG	F	0.34%
ALLY	F	0.33%
NNN	C	0.33%
SEIC	C	0.32%
TTC	D	0.32%
UAL	C	0.32%
PAYC	D	0.32%
RL	C	0.31%
APA	F	0.31%
CHE	C	0.3%
ORI	B	0.3%
LW	D	0.3%
CACI	B	0.3%
ACHC	C	0.29%
EXPE	C	0.29%
EGP	B	0.27%
CROX	D	0.27%
G	C	0.26%
RHI	D	0.26%
WPC	C	0.26%
PB	B	0.25%
DINO	F	0.25%
OGN	D	0.24%
AMG	C	0.24%
DVA	B	0.24%
LSTR	D	0.24%
BBWI	F	0.24%
R	A	0.23%
STAG	C	0.23%
CRUS	D	0.22%
AM	C	0.22%
WU	F	0.22%
VNT	F	0.22%
VFC	C	0.22%
SON	C	0.21%
AN	D	0.21%
BC	C	0.21%
LAMR	B	0.2%
SEE	D	0.2%
FLO	C	0.2%
M	F	0.18%
WBA	F	0.18%
SOLV	C	0.18%
OMF	D	0.18%
JHG	B	0.18%
PII	D	0.18%
MSM	D	0.17%
AGO	C	0.16%
HIW	B	0.15%
LOPE	D	0.14%
CHH	C	0.14%
KRC	B	0.14%
COKE	C	0.14%
DTM	B	0.14%
AYI	B	0.14%
MAN	C	0.13%
AVT	C	0.12%
NEU	D	0.12%
IVZ	B	0.11%
COLM	C	0.11%
CRI	D	0.11%
PAG	D	0.11%
AWI	B	0.1%
COLB	B	0.1%
JWN	C	0.1%
CIVI	F	0.1%
APPF	D	0.09%
CUZ	B	0.08%
KSS	F	0.08%
GAP	F	0.07%
CNXC	F	0.06%
SNDR	B	0.06%
WEN	C	0.06%
CNA	C	0.04%
DDS	F	0.03%
PLTK	C	0.02%

FLQM Underweight 75 Positions Relative to FLRG

Symbol	Grade	Weight
AAPL	C	-6.58%
MSFT	C	-6.2%
NVDA	D	-5.59%
GOOGL	D	-3.83%
META	B	-2.39%
LLY	C	-2.02%
VST	C	-1.63%
V	C	-1.56%
MA	B	-1.51%
AVGO	C	-1.51%
PG	C	-1.47%
HD	B	-1.44%
JNJ	C	-1.43%
ABBV	C	-1.36%
LMT	C	-1.24%
PM	C	-1.17%
MCD	B	-1.09%
AFL	C	-1.09%
MLI	A	-1.07%
ADP	B	-1.05%
FCNCA	D	-1.04%
AMGN	B	-1.0%
OHI	B	-0.97%
AZO	D	-0.96%
MO	C	-0.96%
VRTX	D	-0.96%
MTH	A	-0.95%
ORLY	C	-0.95%
MCK	F	-0.95%
VLO	F	-0.95%
RGA	C	-0.94%
LEN	B	-0.94%
TMHC	A	-0.93%
BKNG	C	-0.93%
CL	D	-0.93%
REGN	C	-0.93%
RDN	C	-0.91%
PSA	B	-0.9%
CME	C	-0.88%
CBOE	C	-0.84%
ESNT	B	-0.84%
KMB	D	-0.82%
PCAR	D	-0.82%
VICI	C	-0.81%
CTRA	D	-0.81%
GILD	B	-0.8%
BCC	B	-0.74%
CNC	D	-0.73%
MOH	D	-0.66%
ADBE	F	-0.66%
NUE	F	-0.64%
ACN	C	-0.6%
BRBR	C	-0.58%
CSCO	C	-0.58%
INTU	C	-0.57%
IBM	B	-0.57%
AMAT	D	-0.55%
NOW	B	-0.55%
VZ	B	-0.54%
T	C	-0.5%
CMCSA	D	-0.49%
KLAC	D	-0.45%
ANET	B	-0.43%
LRCX	F	-0.4%
SNPS	D	-0.36%
CDNS	D	-0.33%
DELL	D	-0.32%
CTSH	C	-0.29%
SWKS	D	-0.26%
FTNT	C	-0.26%
NYT	C	-0.24%
ZM	C	-0.23%
AKAM	D	-0.2%
DBX	D	-0.17%
QLYS	F	-0.17%