FLQM vs. USVM ETF Comparison

Comparison of Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) to VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM)

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

$54.70

Average Daily Volume

133,267

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

USVM

VictoryShares USAA MSCI USA Small Cap Value Momentum ETF

USVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Small Cap Select Value Momentum Blend Index. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is designed to deliver exposure to equity securities of small-capitalization U.S. issuers within the MSCI USA Small Cap Index (the parent index) that have higher exposure to value and momentum factors while also maintaining moderate index turnover and lower realized volatility than traditional capitalization weighted indexes.

Grade (RS Rating)

Last Trade

$82.83

Average Daily Volume

13,682

Number of Holdings ^*

275

* may have additional holdings in another (foreign) market

Performance

Period	FLQM	USVM
30 Days	2.34%	2.38%
60 Days	3.03%	1.62%
90 Days	5.64%	7.34%
12 Months	26.12%	25.63%

43 Overlapping Holdings

Symbol	Grade	Weight in FLQM	Weight in USVM	Overlap
AGO	C	0.15%	0.48%	0.15%
ALLY	F	0.41%	0.27%	0.27%
ALSN	B	0.36%	0.44%	0.36%
AN	D	0.21%	0.33%	0.21%
AVT	D	0.12%	0.47%	0.12%
AYI	B	0.14%	0.41%	0.14%
CACI	B	0.3%	0.65%	0.3%
CHRD	F	0.17%	0.36%	0.17%
CIVI	F	0.11%	0.27%	0.11%
COKE	C	0.15%	0.46%	0.15%
CUZ	B	0.08%	0.41%	0.08%
DDS	D	0.03%	0.22%	0.03%
DINO	F	0.26%	0.32%	0.26%
DKS	D	0.53%	0.27%	0.27%
DTM	B	0.14%	0.71%	0.14%
DVA	A	0.23%	0.32%	0.23%
EHC	B	0.47%	0.62%	0.47%
FFIV	A	0.44%	0.64%	0.44%
GAP	F	0.07%	0.12%	0.07%
HIW	A	0.15%	0.35%	0.15%
HRB	C	0.4%	0.56%	0.4%
IVZ	C	0.11%	0.35%	0.11%
KRC	C	0.13%	0.27%	0.13%
KSS	F	0.08%	0.17%	0.08%
M	D	0.18%	0.17%	0.17%
MTG	B	0.34%	0.63%	0.34%
MUSA	B	0.38%	0.6%	0.38%
OGN	C	0.24%	0.24%	0.24%
OMF	D	0.17%	0.37%	0.17%
OVV	F	0.43%	0.31%	0.31%
R	B	0.22%	0.45%	0.22%
RL	B	0.3%	0.34%	0.3%
SKX	C	0.35%	0.36%	0.35%
SNDR	B	0.06%	0.49%	0.06%
THC	B	0.63%	0.33%	0.33%
TOL	B	0.38%	0.37%	0.37%
TXRH	D	0.45%	0.46%	0.45%
UHS	B	0.59%	0.58%	0.58%
UNM	B	0.38%	0.5%	0.38%
UTHR	C	0.64%	0.54%	0.54%
VNT	D	0.22%	0.37%	0.22%
WING	B	0.34%	0.36%	0.34%
WSM	C	0.85%	0.25%	0.25%

FLQM Overweight 155 Positions Relative to USVM

Symbol	Grade	Weight
FICO	A	1.34%
DHI	B	1.23%
RMD	B	1.17%
IT	B	1.15%
AVB	B	1.13%
HIG	B	1.1%
ALL	A	1.09%
MSCI	C	1.09%
GRMN	D	1.08%
PAYX	B	1.07%
PHM	B	1.07%
EA	C	1.06%
ODFL	D	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	A	0.94%
IDXX	C	0.94%
YUM	B	0.94%
SYY	C	0.94%
TSCO	B	0.93%
CDW	D	0.93%
WAT	C	0.93%
NTAP	D	0.92%
HPQ	D	0.91%
OTIS	C	0.9%
CHD	B	0.9%
SYF	D	0.88%
LYB	F	0.87%
FANG	F	0.87%
CINF	B	0.86%
NVR	B	0.86%
BLDR	C	0.84%
LNG	C	0.84%
DVN	F	0.82%
OMC	B	0.82%
HPE	F	0.81%
ULTA	D	0.8%
DAL	C	0.8%
LII	A	0.79%
DECK	C	0.79%
CLX	B	0.79%
GDDY	D	0.78%
MANH	A	0.77%
GPC	D	0.75%
RF	C	0.75%
ACGL	A	0.74%
EXPD	D	0.73%
VRSN	D	0.72%
CMI	C	0.72%
AVY	B	0.72%
VRSK	D	0.71%
TROW	D	0.69%
TER	D	0.68%
HSY	B	0.66%
RS	D	0.65%
STLD	F	0.64%
EG	B	0.64%
MAS	B	0.63%
SNA	B	0.62%
TPL	C	0.62%
WSO	C	0.61%
CF	C	0.58%
ROL	B	0.58%
NBIX	D	0.56%
RPM	B	0.55%
VLTO	B	0.55%
INCY	C	0.53%
POOL	C	0.51%
VTRS	C	0.51%
CASY	C	0.5%
NDSN	C	0.5%
GGG	C	0.5%
TPR	C	0.47%
CPT	B	0.47%
JNPR	B	0.47%
RPRX	C	0.46%
ELS	B	0.46%
ALLE	A	0.46%
CHRW	C	0.45%
BJ	D	0.44%
GL	C	0.42%
LECO	D	0.41%
CW	B	0.41%
LKQ	D	0.4%
K	A	0.39%
LDOS	B	0.38%
JBL	D	0.38%
KNSL	C	0.37%
BXP	A	0.37%
DOX	C	0.37%
ACI	D	0.36%
TPX	C	0.36%
DCI	D	0.35%
SAIA	D	0.35%
NNN	B	0.34%
APA	F	0.33%
DG	F	0.33%
SEIC	C	0.32%
TTC	D	0.32%
PAYC	D	0.32%
UAL	C	0.31%
CHE	C	0.3%
ORI	B	0.3%
LW	D	0.3%
EXPE	C	0.29%
ACHC	C	0.28%
G	B	0.27%
EGP	B	0.27%
CROX	C	0.26%
WPC	B	0.26%
RHI	D	0.26%
LSTR	D	0.25%
PB	B	0.25%
AMG	C	0.24%
CRUS	D	0.24%
BBWI	F	0.24%
STAG	B	0.23%
WU	F	0.23%
VFC	C	0.22%
FLO	C	0.21%
SON	C	0.21%
AM	B	0.21%
NFG	A	0.2%
SEE	D	0.2%
BC	D	0.2%
LAMR	A	0.19%
PII	D	0.18%
JHG	B	0.18%
WBA	F	0.18%
FOXA	C	0.17%
SOLV	C	0.17%
MSM	D	0.17%
DLB	D	0.16%
CHH	C	0.14%
NEU	C	0.13%
MAN	D	0.13%
LOPE	D	0.13%
PAG	D	0.12%
COLM	B	0.11%
CRI	C	0.11%
AWI	C	0.1%
COLB	C	0.1%
JWN	C	0.1%
APPF	D	0.09%
WEN	C	0.06%
CNXC	D	0.06%
CNA	C	0.05%
SIRI	C	0.03%
PLTK	D	0.02%

FLQM Underweight 232 Positions Relative to USVM

Symbol	Grade	Weight
INGR	B	-0.75%
ENSG	A	-0.7%
GBDC	C	-0.7%
NHI	B	-0.66%
CVLT	B	-0.65%
PSN	B	-0.65%
GWRE	A	-0.64%
INVA	B	-0.63%
ESNT	B	-0.62%
JEF	B	-0.61%
SBRA	A	-0.6%
POST	C	-0.6%
CSWI	B	-0.59%
MDU	B	-0.58%
CNO	B	-0.58%
RGA	B	-0.57%
PBH	B	-0.56%
AKR	B	-0.56%
AIZ	C	-0.56%
SF	B	-0.54%
PINC	C	-0.54%
CLH	B	-0.51%
RDN	C	-0.51%
TAP	C	-0.5%
IDCC	B	-0.49%
SFM	B	-0.49%
ESGR	D	-0.49%
SKT	B	-0.49%
HSIC	D	-0.49%
HNI	C	-0.49%
COOP	B	-0.49%
ARW	C	-0.49%
BPOP	C	-0.48%
GEF	D	-0.48%
GHC	C	-0.48%
GRBK	B	-0.47%
EXEL	A	-0.47%
MLI	B	-0.47%
NSIT	C	-0.46%
CNX	B	-0.46%
SNX	D	-0.46%
MOG.A	B	-0.45%
EXP	A	-0.45%
VRNS	C	-0.44%
JLL	B	-0.43%
RLJ	F	-0.43%
SAIC	B	-0.43%
STC	B	-0.43%
PATK	A	-0.42%
SWX	C	-0.42%
MHK	B	-0.42%
CALM	B	-0.42%
TGNA	C	-0.41%
NAVI	C	-0.41%
BIO	C	-0.41%
GNW	B	-0.41%
EME	A	-0.41%
ADMA	C	-0.41%
H	D	-0.41%
PFSI	B	-0.41%
TNC	D	-0.41%
IIPR	A	-0.4%
PLUS	B	-0.4%
GMS	C	-0.4%
SLM	D	-0.4%
LRN	B	-0.4%
VCTR	B	-0.4%
TMHC	B	-0.39%
GPI	B	-0.39%
HQY	C	-0.39%
UVV	D	-0.39%
ESAB	C	-0.39%
RUSHA	C	-0.39%
FSS	D	-0.39%
AL	D	-0.38%
MATX	C	-0.38%
ASB	D	-0.38%
APG	D	-0.38%
KBH	B	-0.38%
NRG	C	-0.38%
SPB	B	-0.38%
TPH	C	-0.38%
CACC	F	-0.37%
ARI	F	-0.37%
DXC	C	-0.37%
MHO	B	-0.37%
JXN	B	-0.37%
ESRT	B	-0.36%
JBGS	B	-0.36%
QRVO	F	-0.36%
SKYW	C	-0.36%
AROC	D	-0.35%
BECN	D	-0.35%
CMC	D	-0.35%
NMRK	B	-0.35%
GPOR	C	-0.35%
UFPI	C	-0.35%
ITGR	B	-0.35%
CHK	D	-0.35%
ROAD	A	-0.35%
ENOV	F	-0.34%
CRC	C	-0.34%
IAC	C	-0.34%
CCS	B	-0.34%
PRIM	C	-0.33%
MTH	B	-0.33%
MTSI	D	-0.33%
PHIN	C	-0.33%
SEM	D	-0.33%
CXW	D	-0.32%
WGO	D	-0.32%
COLL	C	-0.32%
VSH	F	-0.32%
QTWO	B	-0.32%
GIII	C	-0.31%
FYBR	C	-0.31%
BHF	F	-0.31%
AZZ	D	-0.31%
GFF	C	-0.31%
THO	C	-0.31%
CRL	D	-0.31%
CAL	F	-0.31%
UGI	B	-0.31%
PRGO	C	-0.31%
RDNT	B	-0.3%
PR	D	-0.3%
COHR	C	-0.3%
AZTA	D	-0.3%
LPX	B	-0.3%
AMWD	C	-0.3%
VSTO	B	-0.3%
NXST	D	-0.3%
ANDE	D	-0.3%
TTMI	D	-0.29%
BTU	D	-0.29%
ABG	F	-0.29%
INSW	D	-0.29%
CWEN	A	-0.29%
GEO	D	-0.28%
MOS	F	-0.28%
CNM	F	-0.28%
VNO	A	-0.28%
BCC	C	-0.28%
SCS	C	-0.28%
NTRA	B	-0.28%
IBP	C	-0.28%
NTCT	D	-0.28%
SLVM	B	-0.28%
FIX	B	-0.28%
PK	F	-0.28%
PEB	D	-0.28%
GKOS	D	-0.27%
BZH	B	-0.27%
LNC	D	-0.27%
IDYA	F	-0.27%
UAA	C	-0.27%
AMKR	D	-0.27%
CUBI	F	-0.27%
SM	F	-0.27%
UFPT	C	-0.26%
NATL	D	-0.26%
BLD	D	-0.26%
LEVI	C	-0.26%
ATSG	D	-0.26%
XPO	D	-0.25%
HE	D	-0.25%
AEO	F	-0.25%
REVG	D	-0.25%
SLG	B	-0.25%
MAC	B	-0.25%
GBX	C	-0.25%
ODP	F	-0.24%
IESC	C	-0.24%
VECO	F	-0.24%
WOR	F	-0.24%
SAH	D	-0.24%
FWRG	F	-0.24%
VCEL	F	-0.23%
MSGE	B	-0.23%
MOD	C	-0.23%
SANM	D	-0.23%
INFA	D	-0.23%
MEDP	D	-0.23%
DFH	C	-0.22%
ONTO	D	-0.22%
HCC	D	-0.22%
ARCH	D	-0.22%
PBF	F	-0.21%
UCTT	F	-0.21%
STRL	C	-0.21%
RYI	F	-0.21%
RAMP	F	-0.21%
GES	F	-0.21%
FTRE	F	-0.21%
PVH	D	-0.21%
XRX	F	-0.2%
TDS	B	-0.2%
ALGT	F	-0.2%
APP	B	-0.2%
CVNA	B	-0.19%
ELAN	D	-0.19%
FORM	F	-0.19%
RXST	C	-0.19%
VSTS	D	-0.19%
CLF	F	-0.19%
GT	F	-0.19%
JBLU	D	-0.18%
SMTC	C	-0.18%
SIG	C	-0.18%
JELD	D	-0.18%
USM	B	-0.18%
PLAB	D	-0.18%
ANF	D	-0.17%
LPG	F	-0.17%
SATS	B	-0.16%
VIR	F	-0.16%
HPP	F	-0.16%
DYN	D	-0.15%
OSCR	C	-0.15%
PARA	F	-0.15%
OMI	D	-0.15%
VERA	C	-0.14%
POWL	C	-0.13%
VKTX	C	-0.13%
AMR	F	-0.13%
MPW	B	-0.13%
CAR	F	-0.12%
CENX	D	-0.12%
MSTR	D	-0.12%
HTZ	F	-0.1%
CHGG	F	-0.09%
CLSK	F	-0.08%