FLQM vs. PKW ETF Comparison

Comparison of Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) to PowerShares Buyback Achievers (PKW)

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

$54.84

Average Daily Volume

138,509

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

PKW

PowerShares Buyback Achievers

PKW Description

The PowerShares Buyback AchieversTM Portfolio (Fund) is based on the NASDAQ US Buyback AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers™. To become eligible for inclusion in the Index, a company must be incorporated in the U.S., trade on a US exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc. replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Share Buyback Achievers Index to NASDAQ Buyback Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$112.98

Average Daily Volume

14,718

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

Performance

Period	FLQM	PKW
30 Days	1.41%	3.41%
60 Days	3.18%	5.97%
90 Days	6.24%	8.24%
12 Months	29.19%	25.97%

26 Overlapping Holdings

Symbol	Grade	Weight in FLQM	Weight in PKW	Overlap
AMG	C	0.24%	0.19%	0.19%
AN	D	0.21%	0.23%	0.21%
BC	C	0.21%	0.18%	0.18%
BLDR	C	0.93%	0.76%	0.76%
CACI	B	0.3%	0.37%	0.3%
CHH	C	0.14%	0.21%	0.14%
DDS	D	0.03%	0.15%	0.03%
DINO	F	0.25%	0.3%	0.25%
EXPD	C	0.7%	0.61%	0.61%
EXPE	C	0.29%	0.6%	0.29%
FOXA	B	0.16%	0.32%	0.16%
GDDY	C	0.75%	0.77%	0.75%
HIG	B	1.07%	1.21%	1.07%
HRB	C	0.4%	0.31%	0.31%
MTG	B	0.34%	0.23%	0.23%
MUSA	D	0.39%	0.4%	0.39%
ORI	B	0.3%	0.33%	0.3%
PAG	D	0.11%	0.36%	0.11%
PHM	B	1.11%	1.01%	1.01%
R	B	0.23%	0.21%	0.21%
STLD	D	0.62%	0.62%	0.62%
SYF	C	0.85%	0.66%	0.66%
THC	B	0.66%	0.55%	0.55%
TOL	B	0.39%	0.53%	0.39%
VRSK	D	0.68%	1.37%	0.68%
WU	D	0.22%	0.14%	0.14%

FLQM Overweight 171 Positions Relative to PKW

Symbol	Grade	Weight
FICO	B	1.39%
DHI	C	1.24%
IT	A	1.16%
RMD	C	1.15%
AVB	C	1.14%
MSCI	C	1.08%
ALL	B	1.08%
PAYX	C	1.06%
ODFL	D	1.04%
EA	D	1.04%
GWW	A	1.03%
KR	C	1.01%
GRMN	D	1.0%
FAST	C	1.0%
EBAY	B	0.99%
BBY	C	0.98%
BAH	B	0.98%
AWK	C	0.97%
IDXX	D	0.97%
DOV	B	0.96%
MTD	D	0.94%
CDW	D	0.94%
TSCO	C	0.94%
NTAP	D	0.93%
YUM	F	0.92%
WSM	D	0.91%
WAT	C	0.9%
OTIS	C	0.9%
SYY	D	0.9%
CHD	C	0.88%
HPQ	D	0.87%
NVR	B	0.86%
CINF	C	0.84%
LII	B	0.84%
LYB	F	0.84%
LNG	C	0.84%
FANG	D	0.83%
OMC	B	0.82%
DECK	D	0.81%
DAL	C	0.81%
ULTA	D	0.8%
MANH	A	0.79%
CLX	C	0.78%
HPE	D	0.77%
DVN	D	0.76%
GPC	D	0.74%
ACGL	B	0.74%
RF	B	0.73%
CMI	C	0.72%
AVY	D	0.71%
VRSN	D	0.7%
TER	D	0.68%
TROW	D	0.68%
RS	D	0.65%
WSO	C	0.64%
HSY	D	0.64%
MAS	B	0.64%
TPL	A	0.64%
EG	C	0.63%
SNA	C	0.62%
UTHR	C	0.62%
UHS	B	0.59%
ROL	C	0.58%
CF	C	0.57%
RPM	B	0.56%
INCY	C	0.55%
NBIX	F	0.55%
VLTO	B	0.54%
DKS	D	0.53%
VTRS	D	0.53%
GGG	C	0.51%
POOL	D	0.51%
NDSN	C	0.5%
CASY	D	0.5%
TPR	C	0.48%
ALLE	C	0.48%
JNPR	A	0.47%
EHC	B	0.47%
CPT	B	0.47%
ELS	C	0.46%
FFIV	B	0.46%
RPRX	D	0.45%
CHRW	A	0.44%
TXRH	C	0.44%
BJ	D	0.44%
GL	C	0.42%
CW	A	0.42%
LECO	F	0.42%
OVV	F	0.41%
BXP	B	0.4%
K	A	0.39%
LKQ	F	0.39%
UNM	B	0.38%
JBL	D	0.38%
SAIA	D	0.37%
DOX	C	0.37%
ACI	F	0.37%
TPX	C	0.37%
LDOS	B	0.37%
WING	B	0.37%
ALSN	B	0.36%
DCI	D	0.35%
KNSL	C	0.35%
SKX	D	0.35%
DG	F	0.34%
ALLY	D	0.33%
NNN	C	0.33%
SEIC	C	0.32%
TTC	D	0.32%
UAL	C	0.32%
PAYC	D	0.32%
RL	B	0.31%
APA	F	0.31%
CHE	C	0.3%
LW	D	0.3%
ACHC	C	0.29%
EGP	C	0.27%
CROX	D	0.27%
G	C	0.26%
RHI	D	0.26%
WPC	C	0.26%
PB	B	0.25%
OGN	D	0.24%
DVA	B	0.24%
LSTR	F	0.24%
BBWI	F	0.24%
STAG	D	0.23%
CRUS	D	0.22%
AM	B	0.22%
VNT	F	0.22%
VFC	C	0.22%
SON	D	0.21%
NFG	B	0.2%
LAMR	A	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%
DLB	D	0.17%
CHRD	F	0.17%
MSM	D	0.17%
AGO	C	0.16%
HIW	B	0.15%
LOPE	D	0.14%
KRC	B	0.14%
COKE	C	0.14%
DTM	A	0.14%
AYI	A	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%
AWI	B	0.1%
COLB	B	0.1%
JWN	B	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	C	0.06%
WEN	D	0.06%
CNA	D	0.04%
PLTK	C	0.02%

FLQM Underweight 164 Positions Relative to PKW

Symbol	Grade	Weight
TMUS	C	-5.47%
JNJ	C	-5.36%
LMT	B	-4.87%
CMCSA	D	-4.78%
BKNG	B	-4.65%
DE	B	-3.81%
HCA	A	-3.66%
PYPL	B	-2.63%
MCK	F	-2.37%
ORLY	D	-2.36%
MAR	C	-2.35%
CSX	D	-2.34%
AFL	C	-2.19%
MPC	D	-2.03%
HLT	B	-1.93%
MET	A	-1.92%
PSX	D	-1.9%
AZO	D	-1.89%
AIG	D	-1.74%
VLO	F	-1.57%
CNC	C	-1.43%
DD	B	-1.2%
DFS	B	-1.16%
APP	B	-1.03%
VST	A	-1.0%
CAH	C	-0.98%
STT	B	-0.89%
CSL	B	-0.69%
CFG	C	-0.64%
L	D	-0.62%
TXT	D	-0.59%
EQH	C	-0.46%
JEF	B	-0.44%
WMS	D	-0.4%
MGM	D	-0.4%
BRKR	D	-0.35%
EXP	B	-0.32%
PRI	B	-0.31%
WSC	D	-0.27%
BERY	C	-0.27%
CNM	F	-0.27%
NSIT	C	-0.24%
MTN	D	-0.24%
ARW	C	-0.23%
KBH	B	-0.22%
WH	B	-0.22%
COOP	C	-0.21%
BYD	C	-0.2%
PVH	F	-0.19%
NXST	D	-0.19%
OLN	D	-0.18%
VVV	D	-0.18%
GPI	B	-0.17%
RH	B	-0.17%
TNET	F	-0.17%
MATX	C	-0.16%
EEFT	D	-0.16%
SM	D	-0.16%
SLM	D	-0.16%
ASGN	D	-0.15%
CNX	A	-0.15%
ASH	D	-0.15%
ABG	D	-0.15%
ASO	C	-0.14%
GOLF	F	-0.14%
NSA	B	-0.13%
DOCN	B	-0.13%
HGV	D	-0.13%
HUN	D	-0.13%
DXC	C	-0.13%
FBP	C	-0.12%
CRC	C	-0.12%
IDCC	B	-0.12%
CVCO	B	-0.12%
SEB	C	-0.11%
TNL	D	-0.11%
HP	D	-0.11%
SKYW	C	-0.11%
SLVM	A	-0.11%
ATKR	F	-0.11%
LBRT	D	-0.11%
GFF	D	-0.11%
BTU	D	-0.1%
ATGE	C	-0.1%
DEI	B	-0.1%
CEIX	D	-0.1%
VIRT	C	-0.1%
GNW	B	-0.1%
PK	D	-0.1%
CAR	F	-0.09%
CARG	B	-0.09%
VAC	F	-0.09%
AZTA	F	-0.09%
AMR	F	-0.09%
BHF	D	-0.09%
SPB	B	-0.09%
TGNA	C	-0.08%
HURN	C	-0.07%
PRG	B	-0.07%
ENVA	C	-0.07%
PZZA	D	-0.06%
JBGS	C	-0.06%
CASH	B	-0.06%
AMN	F	-0.06%
NAVI	C	-0.06%
CSGS	C	-0.05%
XHR	B	-0.05%
IART	F	-0.05%
GBX	C	-0.05%
LILAK	D	-0.05%
PEB	D	-0.05%
SBSI	C	-0.04%
CGEM	D	-0.04%
ODP	F	-0.04%
ANAB	C	-0.04%
CNNE	D	-0.04%
SAH	D	-0.04%
EIG	C	-0.04%
DK	F	-0.04%
INVA	C	-0.04%
XRX	F	-0.04%
PLAY	F	-0.04%
ZIP	D	-0.03%
ECVT	F	-0.03%
DXPE	D	-0.03%
STGW	C	-0.03%
JACK	F	-0.03%
HTZ	F	-0.03%
SCHL	D	-0.03%
ATSG	D	-0.03%
LSEA	C	-0.02%
CCRN	F	-0.02%
FPI	D	-0.02%
NFBK	C	-0.02%
OPY	D	-0.02%
LXU	F	-0.02%
HONE	C	-0.02%
SNCY	D	-0.02%
IMXI	D	-0.02%
NR	D	-0.02%
RYI	F	-0.02%
EGBN	C	-0.02%
LPRO	D	-0.02%
PRA	C	-0.02%
KELYA	D	-0.02%
LQDT	B	-0.02%
HCKT	C	-0.02%
MBI	F	-0.01%
MX	F	-0.01%
SKIN	F	-0.01%
CHGG	F	-0.01%
TASK	F	-0.01%
ONTF	D	-0.01%
ZYXI	F	-0.01%
DBI	F	-0.01%
GCO	F	-0.01%
WSBF	C	-0.01%
RLGT	C	-0.01%
DENN	D	-0.01%
NECB	A	-0.01%
LWAY	C	-0.01%
SENEA	C	-0.01%
TBPH	F	-0.01%
LOCO	C	-0.01%