FLQS vs. AFSM ETF Comparison

Comparison of Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) to Active Factor Small Cap ETF (AFSM)

FLQS

Franklin LibertyQ U.S. Small Cap Equity ETF

FLQS Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Small Cap Equity Index (the U.S. Small Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Small Cap underlying index. The U.S. Small Cap underlying index is based on the Russell 2000® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$39.62

Average Daily Volume

4,621

Number of Holdings ^*

466

* may have additional holdings in another (foreign) market

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.71

Average Daily Volume

7,449

Number of Holdings ^*

294

* may have additional holdings in another (foreign) market

Performance

Period	FLQS	AFSM
30 Days	0.28%	2.02%
60 Days	2.86%	2.10%
90 Days	2.28%	1.45%
12 Months	14.24%	17.75%

136 Overlapping Holdings

Symbol	Grade	Weight in FLQS	Weight in AFSM	Overlap
ACIW	B	0.37%	0.02%	0.02%
ACLS	F	0.43%	0.03%	0.03%
ACT	A	0.16%	0.55%	0.16%
AIT	C	1.02%	0.11%	0.11%
ALKS	B	0.72%	0.96%	0.72%
AMCX	F	0.05%	0.13%	0.05%
AMN	F	0.31%	0.08%	0.08%
AMR	F	0.33%	0.43%	0.33%
ANF	D	0.8%	0.91%	0.8%
APAM	D	0.19%	0.05%	0.05%
APOG	C	0.16%	0.31%	0.16%
AROC	D	0.31%	0.6%	0.31%
ASC	D	0.1%	0.33%	0.1%
ASO	C	0.56%	0.33%	0.33%
ATEN	D	0.17%	0.05%	0.05%
ATGE	C	0.37%	0.29%	0.29%
ATKR	F	0.46%	0.36%	0.36%
BCC	C	0.72%	0.74%	0.72%
BDC	B	0.53%	0.37%	0.37%
BHE	C	0.1%	0.26%	0.1%
BKE	B	0.22%	0.28%	0.22%
BMI	C	0.89%	0.62%	0.62%
BNL	B	0.44%	0.31%	0.31%
BTU	D	0.34%	0.5%	0.34%
CAL	B	0.23%	0.55%	0.23%
CALM	B	0.43%	0.62%	0.43%
CCRN	F	0.07%	0.4%	0.07%
CEIX	D	0.5%	0.58%	0.5%
CHCO	B	0.22%	0.52%	0.22%
CMC	D	0.77%	0.31%	0.31%
CMPR	B	0.28%	0.27%	0.27%
CNXN	B	0.11%	0.37%	0.11%
COLL	B	0.09%	0.06%	0.06%
CORT	B	0.43%	0.37%	0.37%
CPRX	B	0.32%	0.87%	0.32%
CRAI	D	0.15%	0.32%	0.15%
CRVL	B	0.39%	0.6%	0.39%
CSGS	C	0.23%	0.13%	0.13%
CSWI	C	0.7%	0.4%	0.4%
CTRE	A	0.55%	0.08%	0.08%
CVLT	B	1.15%	0.71%	0.71%
DFIN	B	0.22%	0.52%	0.22%
DHT	D	0.1%	0.21%	0.1%
EGBN	C	0.08%	0.46%	0.08%
EMBC	B	0.16%	0.04%	0.04%
EPAC	C	0.15%	0.0%	0.0%
ESNT	B	0.94%	0.42%	0.42%
ETH	F	0.12%	0.05%	0.05%
EVER	D	0.04%	0.51%	0.04%
EXTR	C	0.28%	0.22%	0.22%
FTDR	B	0.52%	0.05%	0.05%
GEO	D	0.22%	0.29%	0.22%
GFF	D	0.18%	0.1%	0.1%
GIII	A	0.15%	0.24%	0.15%
GMS	D	0.54%	0.54%	0.54%
GOGL	D	0.1%	0.21%	0.1%
HCC	F	0.42%	0.26%	0.26%
HIMS	F	0.27%	0.29%	0.27%
HRMY	B	0.13%	0.39%	0.13%
HSII	B	0.13%	0.56%	0.13%
HURN	C	0.18%	0.26%	0.18%
HWKN	B	0.24%	0.65%	0.24%
HY	F	0.08%	0.21%	0.08%
IDCC	B	0.43%	0.93%	0.43%
IESC	C	0.17%	0.27%	0.17%
IIPR	B	0.44%	0.46%	0.44%
IMKTA	D	0.16%	0.24%	0.16%
INMD	F	0.17%	0.35%	0.17%
INSW	D	0.24%	0.26%	0.24%
INVA	B	0.16%	0.12%	0.12%
JXN	C	0.9%	0.66%	0.66%
KELYA	D	0.09%	0.23%	0.09%
KTB	B	0.72%	0.08%	0.08%
LMAT	B	0.24%	0.22%	0.22%
LPG	F	0.09%	0.49%	0.09%
LRN	B	0.53%	0.31%	0.31%
MATX	C	0.61%	0.33%	0.33%
MCY	B	0.23%	0.62%	0.23%
MD	B	0.15%	0.27%	0.15%
MED	F	0.03%	0.24%	0.03%
METC	F	0.04%	0.15%	0.04%
MHO	B	0.47%	0.82%	0.47%
MITK	F	0.04%	0.0%	0.0%
MLI	B	1.08%	1.13%	1.08%
MLKN	D	0.29%	0.1%	0.1%
MOG.A	C	0.68%	0.32%	0.32%
MOV	F	0.06%	0.18%	0.06%
NHC	B	0.25%	1.32%	0.25%
NMIH	B	0.44%	0.65%	0.44%
NSIT	C	0.83%	0.07%	0.07%
NSSC	F	0.23%	0.24%	0.23%
NTCT	C	0.18%	0.24%	0.18%
NUS	F	0.08%	0.29%	0.08%
ODP	F	0.16%	0.36%	0.16%
OTTR	D	0.42%	0.05%	0.05%
PBF	F	0.37%	0.37%	0.37%
PDM	B	0.16%	0.35%	0.16%
PFBC	C	0.13%	0.81%	0.13%
PLUS	B	0.37%	0.63%	0.37%
PRDO	D	0.27%	0.45%	0.27%
PRGS	B	0.35%	0.35%	0.35%
PRK	B	0.17%	0.56%	0.17%
PRMW	A	0.25%	0.28%	0.25%
REVG	C	0.11%	0.05%	0.05%
REZI	D	0.22%	0.52%	0.22%
RMR	B	0.06%	0.48%	0.06%
RYI	F	0.07%	0.03%	0.03%
SBH	B	0.24%	0.23%	0.23%
SCS	C	0.18%	0.35%	0.18%
SCVL	B	0.1%	0.18%	0.1%
SEMR	D	0.04%	0.04%	0.04%
SFM	B	1.26%	0.77%	0.77%
SIG	F	0.53%	0.35%	0.35%
SIGA	D	0.07%	0.28%	0.07%
SLVM	B	0.34%	0.58%	0.34%
SMP	C	0.1%	0.23%	0.1%
SPNS	D	0.14%	0.4%	0.14%
SPSC	D	1.02%	0.11%	0.11%
STNG	D	0.39%	0.22%	0.22%
SWX	D	0.66%	0.05%	0.05%
SXC	F	0.1%	0.21%	0.1%
TCMD	C	0.04%	0.27%	0.04%
TGNA	D	0.36%	0.45%	0.36%
TILE	B	0.07%	0.3%	0.07%
TNC	D	0.29%	0.21%	0.21%
TNK	D	0.14%	0.8%	0.14%
UFPT	B	0.3%	0.65%	0.3%
VCTR	B	0.23%	0.18%	0.18%
VITL	D	0.07%	0.03%	0.03%
VNDA	D	0.04%	0.25%	0.04%
VRNS	C	0.43%	0.31%	0.31%
VSH	F	0.32%	0.21%	0.21%
WNC	F	0.1%	0.4%	0.1%
YEXT	A	0.07%	0.08%	0.07%
YMAB	B	0.04%	0.43%	0.04%
YOU	B	0.21%	0.43%	0.21%

FLQS Overweight 330 Positions Relative to AFSM

Symbol	Grade	Weight
UFPI	D	0.96%
EXPO	B	0.82%
WTS	D	0.77%
IBP	D	0.77%
QLYS	F	0.72%
BCO	B	0.72%
GPI	B	0.7%
FELE	D	0.69%
MMSI	A	0.67%
RMBS	F	0.66%
KFY	C	0.64%
BOX	A	0.63%
SIGI	D	0.62%
HOMB	B	0.61%
MGY	D	0.58%
WDFC	A	0.56%
CRC	D	0.53%
PBH	A	0.53%
KAI	D	0.52%
SHOO	C	0.51%
AEO	D	0.51%
PNM	A	0.5%
BLKB	B	0.49%
SKT	A	0.48%
NSP	F	0.46%
ICFI	B	0.46%
BXMT	C	0.46%
NOG	D	0.46%
NWE	A	0.44%
RUSHA	C	0.44%
SXT	C	0.44%
CWT	B	0.44%
LANC	D	0.44%
ASB	C	0.44%
AWR	B	0.43%
SR	B	0.43%
MWA	C	0.42%
MGEE	B	0.42%
WK	D	0.42%
TNET	F	0.41%
GNW	B	0.4%
ESE	C	0.4%
IPAR	D	0.39%
AVA	B	0.39%
IOSP	D	0.39%
WERN	D	0.39%
HNI	B	0.39%
SQSP	A	0.38%
FSS	D	0.38%
OPCH	A	0.37%
EPRT	A	0.37%
LCII	B	0.37%
GOLF	C	0.36%
FCPT	A	0.36%
PATK	B	0.36%
YELP	F	0.36%
UNF	C	0.35%
MGRC	D	0.35%
CAKE	C	0.35%
PLXS	B	0.35%
TDS	B	0.35%
OSIS	C	0.34%
FL	D	0.34%
STRA	D	0.33%
ARCH	F	0.32%
VGR	B	0.32%
PSMT	B	0.32%
NARI	D	0.32%
PDCO	F	0.31%
JJSF	C	0.31%
CNMD	C	0.31%
CARG	B	0.3%
NBTB	B	0.3%
CVBF	D	0.29%
SXI	C	0.28%
HI	F	0.28%
ACAD	F	0.27%
LZB	C	0.27%
CNO	B	0.27%
CALX	D	0.27%
BLMN	F	0.27%
ENR	B	0.26%
CENTA	D	0.26%
ENVA	B	0.26%
ALG	D	0.25%
EPC	C	0.25%
SJW	A	0.24%
ROIC	B	0.23%
NWBI	B	0.23%
GEF	D	0.23%
KFRC	D	0.22%
PZZA	C	0.22%
GPOR	D	0.21%
OXM	F	0.21%
PJT	C	0.2%
NWN	B	0.2%
HEES	F	0.2%
LTC	A	0.2%
DORM	B	0.2%
HLIT	B	0.2%
PRIM	C	0.2%
VCEL	C	0.19%
NVEE	F	0.19%
UVV	B	0.19%
SONO	F	0.19%
SFL	D	0.19%
AAT	B	0.18%
WMK	B	0.18%
HOPE	B	0.18%
AGYS	C	0.17%
FIZZ	D	0.17%
SRCE	C	0.16%
HELE	D	0.16%
GABC	B	0.16%
ATRC	C	0.16%
CBRL	F	0.16%
MCRI	A	0.15%
DLX	D	0.14%
MRTN	D	0.14%
RVLV	B	0.14%
WWW	A	0.14%
PEBO	C	0.14%
SPTN	A	0.13%
BRKL	B	0.13%
OCFC	B	0.13%
XPEL	C	0.13%
BBSI	C	0.13%
SAH	C	0.13%
JACK	F	0.12%
FWRD	D	0.12%
BLX	A	0.12%
UTL	B	0.12%
FIGS	D	0.12%
CWH	C	0.12%
JBSS	D	0.12%
SSTK	F	0.12%
DXPE	B	0.11%
GRC	D	0.11%
SYBT	B	0.11%
MDXG	F	0.11%
MNRO	D	0.11%
TMP	B	0.11%
CRGY	D	0.11%
SCHL	D	0.11%
THR	D	0.1%
IRWD	F	0.1%
EBF	B	0.1%
CVI	F	0.1%
ZIP	C	0.1%
AESI	B	0.1%
RGR	F	0.1%
PRO	F	0.1%
IMXI	D	0.1%
CHUY	A	0.1%
UNFI	A	0.1%
HCKT	B	0.1%
TRST	B	0.09%
CMRE	D	0.09%
CYH	A	0.09%
OSPN	B	0.09%
LILAK	D	0.09%
HTLD	D	0.09%
SWBI	D	0.09%
MATW	F	0.09%
EGY	D	0.09%
MLR	C	0.09%
UTI	D	0.09%
UHT	A	0.08%
UPWK	F	0.08%
MYE	D	0.08%
GIC	F	0.08%
PTLO	C	0.08%
TRTX	C	0.08%
YORW	D	0.08%
KREF	A	0.08%
IDT	B	0.08%
NRDS	F	0.07%
AXGN	A	0.07%
FOR	D	0.07%
FMNB	B	0.07%
BBW	A	0.07%
NFBK	B	0.07%
PAHC	B	0.07%
CHCT	F	0.07%
SMBC	B	0.07%
FC	D	0.07%
WRLD	D	0.07%
LQDT	C	0.07%
USNA	F	0.07%
HVT	D	0.07%
ACCO	C	0.07%
CASS	D	0.07%
CENT	D	0.06%
NVEC	D	0.06%
CFB	B	0.06%
NRC	F	0.06%
SRDX	D	0.06%
RGP	F	0.06%
RUSHB	C	0.06%
IRMD	C	0.06%
CCSI	B	0.06%
BDN	B	0.06%
PGRE	C	0.06%
LILA	D	0.05%
LOVE	D	0.05%
TPB	A	0.05%
HTBK	B	0.05%
CMTG	F	0.05%
BV	B	0.05%
DJCO	B	0.05%
FFIC	C	0.05%
ENFN	D	0.05%
FBIZ	B	0.05%
AMSWA	B	0.05%
GCO	D	0.05%
NAT	D	0.05%
BASE	D	0.05%
FCBC	B	0.05%
GEF	D	0.05%
NPK	D	0.05%
VLGEA	B	0.05%
LYTS	B	0.05%
CPF	B	0.05%
NECB	B	0.04%
DBI	F	0.04%
HBCP	C	0.04%
GRNT	D	0.04%
PFMT	A	0.04%
RMAX	B	0.04%
PKST	C	0.04%
TH	C	0.04%
OOMA	A	0.04%
TMCI	F	0.04%
REPX	D	0.04%
AVNW	F	0.04%
SPOK	D	0.04%
GNTY	B	0.04%
LXFR	D	0.04%
NGVC	A	0.04%
FLIC	A	0.04%
PLPC	F	0.04%
BMRC	B	0.04%
RM	B	0.04%
TITN	F	0.04%
LINC	D	0.04%
ULH	C	0.04%
ODC	C	0.04%
SB	D	0.04%
MCFT	F	0.04%
MCW	F	0.04%
PFIS	C	0.04%
VPG	F	0.04%
PBPB	C	0.03%
FLWS	F	0.03%
ORGO	D	0.03%
TTSH	D	0.03%
OLP	B	0.03%
CMPO	A	0.03%
OFLX	D	0.03%
IBTA	F	0.03%
GCMG	B	0.03%
NATH	A	0.03%
PKBK	B	0.03%
RLGT	B	0.03%
RCKY	D	0.03%
WEYS	B	0.03%
BWMN	F	0.03%
CIO	B	0.03%
IMMR	D	0.03%
ALX	B	0.03%
MG	B	0.03%
FORR	D	0.02%
NREF	B	0.02%
VRA	F	0.02%
BTMD	D	0.02%
PTSI	D	0.02%
REAL	F	0.02%
MYPS	F	0.02%
III	D	0.02%
APEI	D	0.02%
REFI	B	0.02%
ESCA	F	0.02%
HBB	B	0.02%
RELL	C	0.02%
GWRS	A	0.02%
HOFT	C	0.02%
CHMG	C	0.02%
ESSA	C	0.02%
SMLR	F	0.02%
EGAN	F	0.02%
DXLG	F	0.02%
EPM	F	0.02%
SNBR	C	0.02%
CZNC	C	0.02%
JYNT	F	0.02%
IBEX	B	0.02%
KRT	D	0.02%
JAKK	C	0.02%
JILL	F	0.02%
NATR	F	0.02%
ZYXI	F	0.02%
JOUT	F	0.02%
KRNY	D	0.02%
MAPS	F	0.01%
LWAY	B	0.01%
LCUT	F	0.01%
CIX	B	0.01%
PBYI	F	0.01%
NTIC	F	0.01%
NL	B	0.01%
METCB	D	0.01%
FENC	F	0.01%
CPSS	D	0.01%
CURV	D	0.01%
FSTR	F	0.01%
BSVN	B	0.01%
SEVN	A	0.01%
CDXC	B	0.01%
STKS	F	0.01%
VIRC	C	0.01%
QIPT	F	0.01%
GAMB	B	0.01%
HBIO	F	0.01%
GPMT	D	0.01%
CMT	D	0.01%
FLXS	B	0.01%
SGC	F	0.01%
RMNI	F	0.01%
MPX	F	0.01%
INFU	F	0.01%

FLQS Underweight 158 Positions Relative to AFSM

Symbol	Grade	Weight
DAKT	D	-0.91%
SKYW	D	-0.89%
MTG	B	-0.81%
RDN	B	-0.81%
HALO	B	-0.8%
CRS	B	-0.77%
UVE	B	-0.72%
TMHC	B	-0.7%
TBBK	B	-0.68%
COOP	B	-0.64%
EME	C	-0.64%
FIX	C	-0.64%
NTB	B	-0.63%
ZETA	B	-0.63%
NHI	A	-0.62%
SANM	D	-0.61%
COKE	B	-0.6%
GMED	C	-0.59%
OFG	B	-0.59%
LNTH	C	-0.59%
STBA	B	-0.58%
SLG	B	-0.58%
SUPN	B	-0.58%
KBH	B	-0.57%
MUSA	B	-0.56%
FDP	B	-0.56%
STRL	C	-0.56%
DOLE	B	-0.56%
VRNT	F	-0.54%
WFRD	F	-0.53%
APPF	D	-0.53%
TEX	D	-0.52%
BLBD	D	-0.5%
HRB	B	-0.5%
AMWD	D	-0.49%
BXC	F	-0.48%
BELFB	D	-0.47%
PI	C	-0.46%
PINC	A	-0.45%
ADUS	B	-0.45%
PLAB	F	-0.45%
BRBR	A	-0.44%
DDS	D	-0.43%
TMDX	C	-0.43%
M	F	-0.41%
ANIP	D	-0.41%
RXST	B	-0.4%
LGND	B	-0.39%
MTH	B	-0.39%
BPMC	F	-0.37%
FBP	B	-0.36%
GRBK	B	-0.36%
TWI	D	-0.36%
HIW	B	-0.36%
CVNA	C	-0.35%
POWL	C	-0.35%
AVNS	B	-0.34%
HDSN	F	-0.34%
LOPE	D	-0.33%
QTWO	B	-0.32%
TRMK	B	-0.31%
CASH	A	-0.31%
MEDP	D	-0.3%
DXC	A	-0.3%
PFS	B	-0.3%
RDNT	B	-0.3%
IBOC	C	-0.29%
CUZ	A	-0.29%
PHIN	B	-0.28%
PRG	B	-0.28%
THFF	B	-0.28%
DNOW	D	-0.28%
HUBG	B	-0.28%
AKR	B	-0.28%
CNK	A	-0.28%
BKU	B	-0.27%
GNK	D	-0.27%
BKH	A	-0.27%
AMKR	F	-0.27%
SBRA	A	-0.27%
AZZ	C	-0.27%
ABG	D	-0.26%
HLX	D	-0.26%
USLM	C	-0.26%
VIRT	A	-0.26%
MRVI	A	-0.25%
PSN	B	-0.25%
KN	D	-0.24%
HCI	A	-0.24%
CRDO	C	-0.24%
ONTO	D	-0.24%
PRM	B	-0.23%
ADMA	B	-0.23%
ITCI	C	-0.23%
NAVI	C	-0.22%
ENS	D	-0.22%
PK	D	-0.22%
XRX	D	-0.22%
HOV	B	-0.22%
BLFS	B	-0.21%
PIPR	B	-0.21%
INTA	B	-0.21%
NX	D	-0.2%
SD	D	-0.2%
UCTT	F	-0.2%
ADNT	F	-0.2%
HAE	F	-0.2%
WABC	C	-0.2%
ASGN	D	-0.2%
AXSM	A	-0.19%
KRC	B	-0.19%
GES	F	-0.19%
NVST	C	-0.17%
CLW	F	-0.16%
SCSC	C	-0.16%
BRC	B	-0.16%
SGBX	F	-0.16%
ALRM	F	-0.15%
TPC	C	-0.15%
OSCR	B	-0.15%
CWCO	F	-0.15%
AGX	A	-0.14%
CHRD	F	-0.14%
MAX	B	-0.14%
CECO	D	-0.14%
TGTX	B	-0.14%
PCRX	F	-0.13%
TWST	F	-0.13%
CGEM	B	-0.13%
HROW	B	-0.13%
ASTH	B	-0.12%
AYI	C	-0.12%
TARS	B	-0.12%
ALKT	C	-0.12%
EIG	B	-0.12%
KRYS	D	-0.09%
RAMP	F	-0.09%
OMI	C	-0.08%
TPH	B	-0.08%
KSS	F	-0.07%
WGO	D	-0.07%
EOLS	B	-0.06%
VSTO	C	-0.06%
JWN	A	-0.06%
HE	F	-0.05%
OGS	B	-0.05%
ANDE	D	-0.05%
GRND	C	-0.05%
FORM	F	-0.05%
PHR	B	-0.05%
CTS	D	-0.05%
AMPH	C	-0.05%
PGNY	D	-0.04%
TDC	F	-0.04%
JBI	F	-0.04%
LBRT	D	-0.04%
SWI	B	-0.03%
MAIN	D	-0.0%