FLQS vs. FDM ETF Comparison

Comparison of Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) to First Trust DJ Select MicroCap ETF (FDM)

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

$41.86

Average Daily Volume

3,976

Number of Holdings ^*

466

* may have additional holdings in another (foreign) market

FDM

First Trust DJ Select MicroCap ETF

FDM Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.

Grade (RS Rating)

Last Trade

$63.63

Average Daily Volume

4,720

Number of Holdings ^*

131

* may have additional holdings in another (foreign) market

Performance

Period	FLQS	FDM
30 Days	3.34%	2.60%
60 Days	7.38%	6.84%
90 Days	9.54%	9.19%
12 Months	26.32%	20.68%

49 Overlapping Holdings

Symbol	Grade	Weight in FLQS	Weight in FDM	Overlap
AMSWA	C	0.05%	0.66%	0.05%
AVNW	F	0.03%	0.48%	0.03%
BTMD	F	0.01%	0.24%	0.01%
CCRN	F	0.07%	0.79%	0.07%
CCSI	C	0.06%	0.79%	0.06%
CENT	F	0.05%	0.66%	0.05%
CMPO	B	0.03%	0.73%	0.03%
CPF	C	0.05%	1.42%	0.05%
EGY	D	0.08%	1.12%	0.08%
FC	C	0.07%	0.86%	0.07%
FLXS	B	0.01%	0.3%	0.01%
FSTR	D	0.01%	0.39%	0.01%
HBB	B	0.02%	0.34%	0.02%
HCKT	D	0.1%	1.24%	0.1%
HVT	F	0.07%	0.69%	0.07%
IMXI	F	0.11%	1.08%	0.11%
JILL	F	0.02%	0.35%	0.02%
KELYA	D	0.09%	1.29%	0.09%
KRT	F	0.02%	0.33%	0.02%
LINC	D	0.04%	0.66%	0.04%
LQDT	C	0.07%	0.95%	0.07%
LWAY	B	0.01%	0.25%	0.01%
LYTS	B	0.05%	0.78%	0.05%
MCFT	F	0.04%	0.45%	0.04%
MLR	B	0.09%	1.3%	0.09%
MOV	F	0.05%	0.56%	0.05%
NATR	F	0.02%	0.32%	0.02%
NECB	C	0.04%	0.65%	0.04%
NGVC	D	0.04%	0.55%	0.04%
NPK	F	0.05%	0.72%	0.05%
ODC	D	0.04%	0.66%	0.04%
PLPC	D	0.04%	0.72%	0.04%
PTLO	C	0.09%	1.42%	0.09%
RCKY	C	0.03%	0.45%	0.03%
REPX	C	0.03%	0.46%	0.03%
RGR	F	0.1%	1.33%	0.1%
RM	D	0.04%	0.58%	0.04%
RMR	B	0.06%	0.74%	0.06%
SGC	D	0.02%	0.34%	0.02%
SIGA	F	0.05%	0.54%	0.05%
SMBC	B	0.06%	0.97%	0.06%
SPTN	C	0.13%	1.42%	0.13%
SWBI	F	0.08%	1.11%	0.08%
TCMD	C	0.05%	0.64%	0.05%
TPB	C	0.05%	1.42%	0.05%
VIRC	D	0.01%	0.25%	0.01%
VLGEA	D	0.05%	0.39%	0.05%
VPG	F	0.04%	0.59%	0.04%
WRLD	F	0.06%	0.71%	0.06%

FLQS Overweight 417 Positions Relative to FDM

Symbol	Grade	Weight
SFM	A	1.32%
CVLT	B	1.13%
AIT	B	1.1%
MLI	B	1.07%
UFPI	C	1.02%
SPSC	D	0.98%
ESNT	A	0.93%
BMI	A	0.93%
JXN	A	0.92%
IBP	C	0.85%
EXPO	A	0.85%
NSIT	B	0.81%
WTS	C	0.81%
CSWI	A	0.78%
CMC	D	0.78%
KTB	C	0.77%
ANF	D	0.76%
BCC	C	0.74%
BCO	C	0.74%
QLYS	F	0.72%
GPI	C	0.71%
FELE	C	0.7%
MOG.A	C	0.69%
MMSI	C	0.68%
ALKS	B	0.68%
SWX	C	0.67%
RMBS	F	0.63%
KFY	C	0.63%
MATX	C	0.62%
SIGI	D	0.62%
BOX	C	0.61%
SIG	C	0.61%
ASO	D	0.6%
HOMB	D	0.58%
BDC	A	0.57%
GMS	B	0.56%
CTRE	C	0.56%
SHOO	A	0.55%
WDFC	B	0.55%
LRN	D	0.54%
KAI	C	0.54%
MGY	B	0.53%
PNM	B	0.53%
FTDR	B	0.52%
CORT	B	0.52%
CEIX	B	0.51%
PBH	D	0.51%
SKT	A	0.51%
AEO	C	0.51%
CRC	B	0.49%
MHO	C	0.49%
BXMT	C	0.49%
BLKB	C	0.49%
IIPR	C	0.48%
BNL	C	0.46%
NWE	C	0.46%
ICFI	C	0.45%
SXT	C	0.45%
LANC	F	0.45%
NMIH	B	0.44%
ESE	C	0.43%
IDCC	A	0.43%
CALM	A	0.43%
AWR	B	0.43%
RUSHA	D	0.43%
SR	D	0.43%
VRNS	B	0.43%
MWA	A	0.42%
CWT	D	0.42%
HCC	C	0.42%
NSP	F	0.42%
ACLS	F	0.42%
MGEE	C	0.42%
ATKR	F	0.41%
WK	D	0.41%
ASB	D	0.41%
TGNA	B	0.4%
AVA	D	0.39%
GNW	A	0.39%
OTTR	F	0.39%
IPAR	D	0.39%
NOG	D	0.39%
PRGS	A	0.39%
PATK	A	0.39%
EPRT	C	0.39%
STNG	B	0.39%
WERN	D	0.39%
SQSP	A	0.38%
HNI	B	0.38%
CRVL	C	0.38%
PLUS	B	0.38%
IOSP	F	0.38%
PLXS	A	0.37%
FSS	D	0.37%
FCPT	C	0.37%
BTU	B	0.37%
LCII	C	0.37%
TNET	D	0.37%
OPCH	F	0.36%
ACIW	A	0.36%
CAKE	A	0.36%
ATGE	D	0.36%
UNF	A	0.35%
PBF	F	0.35%
YELP	D	0.35%
SLVM	C	0.35%
TDS	C	0.35%
MGRC	D	0.35%
AMR	F	0.33%
GOLF	F	0.33%
ARCH	D	0.32%
PSMT	A	0.32%
HIMS	C	0.32%
OSIS	C	0.32%
AROC	B	0.31%
CNMD	F	0.31%
JJSF	C	0.31%
VGR	B	0.31%
CPRX	C	0.31%
NARI	F	0.3%
CARG	C	0.3%
STRA	F	0.3%
SXI	B	0.29%
PDCO	F	0.29%
VSH	F	0.29%
CVBF	B	0.28%
LZB	D	0.28%
TNC	F	0.28%
FL	F	0.28%
UFPT	D	0.28%
NBTB	D	0.27%
PRMW	B	0.27%
CALX	C	0.27%
PRDO	D	0.26%
CNO	B	0.26%
BLMN	F	0.26%
EXTR	D	0.26%
INSW	B	0.25%
SBH	B	0.25%
MLKN	F	0.25%
ACAD	F	0.25%
ENVA	B	0.25%
HWKN	B	0.24%
ENR	B	0.24%
CENTA	F	0.24%
ALG	F	0.24%
LMAT	A	0.24%
AMN	F	0.24%
CSGS	B	0.23%
NHC	D	0.23%
CMPR	F	0.23%
HI	F	0.23%
SJW	D	0.23%
PZZA	D	0.23%
VCTR	A	0.23%
DFIN	B	0.22%
YOU	C	0.22%
MCY	B	0.22%
ROIC	C	0.22%
BKE	B	0.22%
GEF	B	0.22%
EPC	F	0.22%
PRIM	A	0.21%
OXM	F	0.21%
PJT	A	0.21%
CHCO	D	0.21%
NSSC	F	0.21%
REZI	D	0.21%
NWBI	D	0.21%
LTC	D	0.2%
GEO	D	0.2%
DORM	C	0.2%
KFRC	F	0.2%
GPOR	B	0.2%
IESC	A	0.19%
CBRL	D	0.19%
SONO	F	0.19%
APAM	B	0.19%
SFL	D	0.19%
HLIT	D	0.19%
NWN	D	0.19%
HEES	D	0.19%
HELE	D	0.18%
WWW	B	0.18%
ATRC	C	0.18%
CAL	F	0.18%
HOPE	B	0.18%
HURN	D	0.18%
INMD	F	0.18%
NVEE	F	0.18%
WMK	D	0.18%
GFF	C	0.18%
UVV	D	0.18%
PDM	C	0.17%
GIII	C	0.17%
ATEN	B	0.17%
NTCT	C	0.17%
AAT	C	0.17%
FIZZ	F	0.17%
SCS	D	0.17%
VCEL	F	0.16%
IMKTA	F	0.16%
MCRI	B	0.16%
PRK	D	0.16%
INVA	B	0.16%
APOG	B	0.16%
AGYS	D	0.16%
ACT	B	0.16%
MD	B	0.15%
TNK	C	0.15%
GABC	D	0.15%
ODP	F	0.15%
RVLV	C	0.15%
CRAI	B	0.15%
EPAC	A	0.15%
CWH	C	0.14%
EMBC	F	0.14%
HRMY	D	0.14%
SPNS	B	0.14%
SRCE	D	0.14%
FWRD	D	0.13%
DLX	F	0.13%
HSII	D	0.13%
XPEL	D	0.13%
OCFC	C	0.13%
BBSI	B	0.13%
MRTN	F	0.13%
PEBO	F	0.13%
FIGS	C	0.13%
UNFI	C	0.12%
UTL	D	0.12%
MNRO	B	0.12%
ETH	F	0.12%
BLX	B	0.12%
CNXN	C	0.12%
PFBC	D	0.12%
SSTK	F	0.12%
BRKL	D	0.12%
JBSS	F	0.12%
SAH	D	0.12%
SCVL	D	0.11%
DHT	B	0.11%
GOGL	C	0.11%
BHE	C	0.11%
SYBT	C	0.11%
SMP	D	0.11%
REVG	D	0.1%
ZIP	D	0.1%
EBF	B	0.1%
WNC	F	0.1%
CYH	C	0.1%
CMRE	C	0.1%
CRGY	B	0.1%
DXPE	C	0.1%
AESI	B	0.1%
JACK	F	0.1%
CHUY	B	0.1%
TMP	C	0.1%
GRC	B	0.1%
SCHL	F	0.1%
KREF	C	0.09%
UTI	F	0.09%
HTLD	F	0.09%
COLL	A	0.09%
OSPN	D	0.09%
THR	F	0.09%
CVI	D	0.09%
MDXG	F	0.09%
LILAK	D	0.09%
SXC	F	0.09%
ASC	D	0.09%
PRO	F	0.09%
IRWD	F	0.08%
UHT	D	0.08%
TRTX	D	0.08%
YORW	F	0.08%
TRST	D	0.08%
LPG	F	0.08%
VITL	C	0.08%
GIC	D	0.08%
EGBN	C	0.08%
MATW	F	0.08%
IDT	C	0.08%
UPWK	D	0.08%
YEXT	B	0.08%
BDN	B	0.07%
RYI	D	0.07%
PAHC	C	0.07%
CASS	F	0.07%
ACCO	C	0.07%
FOR	D	0.07%
AXGN	C	0.07%
HY	D	0.07%
TILE	C	0.07%
MYE	F	0.07%
NRC	F	0.06%
NUS	F	0.06%
RUSHB	D	0.06%
IRMD	B	0.06%
FMNB	D	0.06%
CHCT	F	0.06%
NFBK	D	0.06%
NRDS	D	0.06%
BBW	A	0.06%
PGRE	D	0.06%
USNA	F	0.06%
BV	A	0.05%
LILA	B	0.05%
DJCO	C	0.05%
FBIZ	D	0.05%
FFIC	C	0.05%
FCBC	D	0.05%
NAT	B	0.05%
LOVE	C	0.05%
RGP	F	0.05%
CFB	D	0.05%
NVEC	D	0.05%
GEF	B	0.05%
ENFN	C	0.05%
SRDX	D	0.05%
METC	D	0.04%
EVER	D	0.04%
SPOK	D	0.04%
MITK	F	0.04%
PFMT	D	0.04%
VNDA	F	0.04%
RMAX	C	0.04%
PKST	D	0.04%
GNTY	C	0.04%
SEMR	C	0.04%
FLIC	B	0.04%
BASE	F	0.04%
TITN	F	0.04%
OOMA	C	0.04%
PFIS	D	0.04%
ULH	B	0.04%
LXFR	C	0.04%
CMTG	F	0.04%
SB	C	0.04%
GCO	D	0.04%
HTBK	D	0.04%
MCW	F	0.04%
FLWS	F	0.03%
ORGO	C	0.03%
PBPB	D	0.03%
TH	F	0.03%
OLP	C	0.03%
CIO	D	0.03%
OFLX	D	0.03%
TTSH	D	0.03%
RLGT	D	0.03%
PKBK	C	0.03%
MG	B	0.03%
BWMN	F	0.03%
NATH	B	0.03%
GCMG	A	0.03%
WEYS	C	0.03%
YMAB	C	0.03%
MED	F	0.03%
GRNT	D	0.03%
IMMR	D	0.03%
IBTA	C	0.03%
AMCX	F	0.03%
ALX	D	0.03%
TMCI	F	0.03%
BMRC	D	0.03%
DBI	F	0.03%
HBCP	D	0.03%
INFU	D	0.02%
VRA	F	0.02%
APEI	F	0.02%
SMLR	F	0.02%
III	F	0.02%
PTSI	F	0.02%
MYPS	F	0.02%
ESCA	D	0.02%
REFI	B	0.02%
RMNI	F	0.02%
RELL	B	0.02%
GWRS	D	0.02%
REAL	C	0.02%
CHMG	C	0.02%
EPM	B	0.02%
CZNC	D	0.02%
ESSA	C	0.02%
HOFT	D	0.02%
DXLG	F	0.02%
JYNT	F	0.02%
IBEX	C	0.02%
JAKK	C	0.02%
SNBR	C	0.02%
KRNY	C	0.02%
JOUT	F	0.02%
ZYXI	F	0.02%
MAPS	F	0.01%
CURV	F	0.01%
LCUT	F	0.01%
CIX	C	0.01%
NTIC	F	0.01%
PBYI	F	0.01%
METCB	F	0.01%
FENC	F	0.01%
NL	B	0.01%
BSVN	D	0.01%
CPSS	C	0.01%
STKS	F	0.01%
HBIO	F	0.01%
SEVN	B	0.01%
MPX	D	0.01%
EGAN	F	0.01%
QIPT	F	0.01%
GAMB	C	0.01%
CDXC	C	0.01%
CMT	F	0.01%
FORR	F	0.01%
GPMT	D	0.01%
NREF	B	0.01%

FLQS Underweight 82 Positions Relative to FDM

Symbol	Grade	Weight
LEU	A	-1.56%
ASIX	A	-1.54%
VMEO	C	-1.52%
LMB	B	-1.45%
HAYN	B	-1.42%
BJRI	B	-1.4%
ASTE	F	-1.37%
ETD	C	-1.36%
GLDD	A	-1.33%
IBCP	D	-1.27%
PLOW	D	-1.21%
UVE	C	-1.07%
EZPW	C	-1.06%
WLDN	B	-1.01%
NBN	B	-0.96%
DAKT	D	-0.96%
ARKO	C	-0.95%
MCB	B	-0.94%
CCBG	D	-0.9%
MPB	B	-0.86%
KE	F	-0.86%
NWPX	B	-0.85%
SNCY	F	-0.84%
ANET	A	-0.83%
DHIL	C	-0.82%
LXU	C	-0.8%
TIPT	B	-0.79%
SHBI	D	-0.79%
ESQ	C	-0.79%
CSV	D	-0.79%
AROW	D	-0.77%
MOFG	D	-0.75%
FISI	C	-0.74%
WLFC	A	-0.74%
NRIM	C	-0.73%
SD	D	-0.72%
TRDA	B	-0.72%
CWCO	F	-0.71%
EE	B	-0.71%
BSRR	D	-0.68%
KODK	D	-0.67%
GLRE	B	-0.67%
TTI	D	-0.65%
FMAO	D	-0.65%
USAP	C	-0.65%
ARTNA	F	-0.65%
ITIC	C	-0.64%
CRCT	C	-0.64%
HRTG	D	-0.64%
LOCO	C	-0.61%
HNRG	C	-0.59%
LEGH	D	-0.58%
DCGO	F	-0.57%
OPY	D	-0.57%
NEWT	D	-0.56%
SENEA	C	-0.54%
ACIC	D	-0.53%
INBK	D	-0.5%
PKOH	B	-0.46%
AMPY	D	-0.45%
JRVR	F	-0.45%
MITT	C	-0.43%
LSEA	D	-0.42%
TASK	F	-0.38%
EML	C	-0.36%
NGS	D	-0.35%
REI	D	-0.34%
ACTG	F	-0.33%
EARN	D	-0.33%
PWOD	A	-0.32%
TAYD	D	-0.3%
FF	B	-0.28%
BBCP	F	-0.27%
TWIN	F	-0.26%
LAKE	F	-0.26%
ACU	D	-0.25%
PEBK	F	-0.23%
FEIM	D	-0.19%
ESOA	B	-0.19%
INTT	F	-0.16%
CSPI	F	-0.15%
KEQU	F	-0.13%