FLQS vs. JSMD ETF Comparison

Comparison of Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) to Janus Small/Mid Cap Growth Alpha ETF (JSMD)

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

$45.16

Average Daily Volume

3,213

Number of Holdings ^*

463

* may have additional holdings in another (foreign) market

JSMD

Janus Small/Mid Cap Growth Alpha ETF

JSMD Description

Janus Small/Mid Cap Growth Alpha ETF seeks investment results that correspond generally, before fees and expenses, to the performance of the Janus Small/Mid Cap Growth Alpha Index.

Grade (RS Rating)

Last Trade

$80.78

Average Daily Volume

14,164

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

Performance

Period	FLQS	JSMD
30 Days	8.75%	11.64%
60 Days	7.73%	11.59%
90 Days	8.58%	13.20%
12 Months	29.71%	35.88%

74 Overlapping Holdings

Symbol	Grade	Weight in FLQS	Weight in JSMD	Overlap
ACLS	F	0.27%	0.35%	0.27%
AESI	B	0.1%	0.17%	0.1%
AIT	A	1.3%	0.86%	0.86%
ALG	B	0.26%	0.2%	0.2%
ASC	F	0.06%	0.04%	0.04%
ASO	F	0.45%	0.1%	0.1%
ATKR	C	0.42%	0.27%	0.27%
AWR	B	0.44%	0.11%	0.11%
BMI	B	0.9%	0.93%	0.9%
BOX	B	0.62%	0.7%	0.62%
BWMN	C	0.03%	0.04%	0.03%
CCRN	F	0.05%	0.06%	0.05%
CFB	B	0.05%	0.04%	0.04%
CMC	B	0.83%	0.84%	0.83%
CMPO	A	0.03%	0.06%	0.03%
CORT	B	0.62%	1.06%	0.62%
CPRX	C	0.32%	0.48%	0.32%
CRAI	B	0.16%	0.11%	0.11%
CRVL	A	0.42%	1.15%	0.42%
CSWI	A	0.83%	0.53%	0.53%
ENVA	B	0.3%	0.14%	0.14%
EPRT	B	0.38%	0.16%	0.16%
ESSA	B	0.02%	0.01%	0.01%
FELE	B	0.69%	0.41%	0.41%
GMS	B	0.61%	0.33%	0.33%
GOLF	B	0.35%	0.12%	0.12%
GPI	A	0.73%	0.16%	0.16%
GRNT	B	0.03%	0.06%	0.03%
HRMY	D	0.11%	0.37%	0.11%
HWKN	B	0.23%	0.32%	0.23%
IBP	D	0.69%	0.16%	0.16%
IESC	B	0.24%	0.43%	0.24%
IIPR	D	0.36%	0.08%	0.08%
IMXI	B	0.11%	0.04%	0.04%
IPAR	B	0.37%	0.2%	0.2%
KAI	A	0.63%	0.39%	0.39%
KRT	A	0.03%	0.05%	0.03%
LOVE	B	0.06%	0.01%	0.01%
LPG	F	0.06%	0.09%	0.06%
LRN	A	0.64%	0.13%	0.13%
MGRC	B	0.36%	0.24%	0.24%
MHO	D	0.45%	0.12%	0.12%
MLI	C	1.32%	0.85%	0.85%
NECB	B	0.04%	0.02%	0.02%
NMIH	D	0.4%	0.16%	0.16%
NSSC	D	0.18%	0.19%	0.18%
ODC	C	0.04%	0.02%	0.02%
OPCH	D	0.24%	0.73%	0.24%
OSIS	B	0.33%	0.37%	0.33%
OTTR	C	0.39%	0.12%	0.12%
PFBC	B	0.14%	0.07%	0.07%
PJT	A	0.24%	0.2%	0.2%
PLPC	B	0.04%	0.06%	0.04%
PLUS	F	0.3%	0.31%	0.3%
PLXS	B	0.42%	0.61%	0.42%
PRIM	A	0.28%	0.35%	0.28%
QLYS	C	0.79%	0.78%	0.78%
REFI	A	0.02%	0.02%	0.02%
RUSHA	C	0.48%	0.39%	0.39%
SFM	A	1.67%	0.7%	0.7%
SIGI	C	0.65%	0.32%	0.32%
SMBC	B	0.07%	0.04%	0.04%
SMLR	B	0.03%	0.06%	0.03%
SPSC	C	0.87%	0.96%	0.87%
SSTK	F	0.1%	0.12%	0.1%
TCMD	A	0.05%	0.07%	0.05%
TH	C	0.03%	0.03%	0.03%
TITN	C	0.04%	0.03%	0.03%
TNET	D	0.33%	0.38%	0.33%
UFPT	B	0.24%	0.44%	0.24%
VCTR	B	0.27%	0.22%	0.22%
VITL	D	0.07%	0.06%	0.06%
WTS	B	0.8%	0.49%	0.49%
XPEL	C	0.13%	0.04%	0.04%

FLQS Overweight 389 Positions Relative to JSMD

Symbol	Grade	Weight
CVLT	B	1.2%
JXN	C	1.0%
UFPI	B	0.99%
KTB	B	0.84%
ESNT	D	0.8%
ANF	C	0.78%
RMBS	C	0.75%
MOG.A	B	0.74%
BCC	B	0.73%
MMSI	B	0.71%
EXPO	D	0.71%
SWX	B	0.68%
ALKS	B	0.67%
MATX	C	0.66%
HOMB	A	0.65%
KFY	B	0.64%
CEIX	A	0.6%
MGY	A	0.59%
WDFC	B	0.58%
BCO	D	0.58%
SIG	B	0.58%
FTDR	A	0.57%
NSIT	F	0.56%
PNM	F	0.56%
PBH	A	0.56%
BDC	B	0.56%
SKT	B	0.55%
IDCC	A	0.55%
CALM	A	0.54%
CTRE	D	0.54%
CRC	B	0.54%
ASB	B	0.5%
MGEE	C	0.49%
ESE	B	0.48%
WK	B	0.47%
SHOO	D	0.47%
MWA	B	0.46%
BLKB	B	0.46%
LANC	C	0.45%
TGNA	B	0.45%
TDS	B	0.45%
NOG	A	0.45%
BXMT	C	0.44%
NWE	B	0.44%
HCC	B	0.44%
SR	A	0.43%
ATGE	B	0.42%
AEO	F	0.42%
SXT	B	0.42%
WERN	C	0.41%
GNW	A	0.41%
CAKE	C	0.4%
BNL	D	0.4%
GEO	B	0.4%
IOSP	B	0.39%
ACIW	B	0.39%
HNI	B	0.39%
CWT	D	0.39%
AVA	A	0.38%
PRGS	A	0.38%
VRNS	D	0.37%
HIMS	B	0.37%
BTU	B	0.37%
ARCH	B	0.37%
SLVM	B	0.36%
YELP	C	0.36%
ICFI	F	0.36%
NARI	C	0.36%
NSP	D	0.35%
PATK	D	0.35%
CARG	C	0.35%
LCII	C	0.35%
FCPT	C	0.35%
FSS	B	0.35%
AROC	B	0.35%
PBF	D	0.34%
UNF	B	0.34%
CVBF	A	0.34%
AMR	C	0.33%
PSMT	C	0.31%
PRDO	B	0.31%
STRA	C	0.31%
SXI	B	0.31%
JJSF	B	0.3%
STNG	F	0.3%
CNO	A	0.29%
CNMD	C	0.29%
NBTB	B	0.29%
HI	C	0.27%
ACAD	D	0.27%
REZI	A	0.27%
LMAT	A	0.27%
PDCO	D	0.27%
LZB	B	0.27%
ENR	B	0.26%
EXTR	B	0.26%
UPBD	B	0.26%
MCY	A	0.25%
CSGS	B	0.25%
FL	F	0.24%
SBH	C	0.24%
BKE	B	0.24%
ROIC	A	0.24%
TNC	D	0.24%
GPOR	B	0.23%
MLKN	D	0.23%
NWBI	B	0.23%
HEES	B	0.23%
CENTA	C	0.23%
DORM	B	0.23%
VSH	D	0.23%
GEF	A	0.23%
WWW	B	0.22%
SJW	D	0.22%
NHC	C	0.22%
CHCO	B	0.22%
ATRC	C	0.21%
EPC	D	0.21%
CMPR	D	0.21%
PZZA	D	0.21%
HURN	B	0.2%
NWN	A	0.2%
LTC	B	0.2%
CALX	D	0.2%
APAM	B	0.2%
KFRC	D	0.19%
UVV	B	0.19%
RVLV	B	0.19%
HELE	C	0.19%
DFIN	D	0.19%
ATEN	B	0.19%
BLMN	F	0.19%
INSW	F	0.19%
SONO	C	0.19%
CBRL	C	0.19%
GFF	A	0.19%
OXM	D	0.18%
WMK	C	0.18%
INMD	C	0.18%
APOG	B	0.18%
PRK	B	0.18%
MD	B	0.18%
VCEL	B	0.18%
HOPE	B	0.18%
SCS	C	0.17%
EPAC	B	0.17%
SFL	D	0.17%
NVEE	F	0.17%
AAT	B	0.17%
GABC	B	0.17%
YOU	D	0.17%
NTCT	C	0.17%
FIZZ	C	0.17%
AGYS	A	0.17%
HLIT	D	0.16%
SRCE	B	0.16%
GIII	D	0.16%
MCRI	A	0.16%
AMN	F	0.15%
IMKTA	C	0.15%
UNFI	A	0.15%
BBSI	B	0.15%
HSII	B	0.15%
ACT	D	0.15%
PDM	D	0.15%
DLX	B	0.15%
INVA	D	0.15%
CAL	D	0.15%
PEBO	A	0.15%
MDXG	B	0.14%
OCFC	B	0.14%
BRKL	B	0.14%
DXPE	B	0.13%
SYBT	B	0.13%
MRTN	C	0.13%
TMP	B	0.13%
SXC	A	0.13%
EMBC	C	0.13%
ODP	F	0.13%
SAH	A	0.13%
UTL	B	0.12%
MNRO	D	0.12%
CWH	B	0.12%
UPWK	B	0.12%
BLX	C	0.12%
CRGY	B	0.12%
PRO	C	0.11%
IDT	B	0.11%
CNXN	C	0.11%
ETD	C	0.11%
BHE	B	0.11%
GRC	A	0.11%
FWRD	D	0.11%
HCKT	B	0.11%
FIGS	F	0.1%
TILE	B	0.1%
YEXT	A	0.1%
DHT	F	0.1%
MLR	B	0.1%
SPTN	D	0.1%
SPNS	F	0.1%
JBSS	D	0.1%
EGBN	B	0.1%
SMP	B	0.1%
REVG	B	0.1%
UTI	A	0.1%
JACK	D	0.1%
HTLD	B	0.09%
TRST	A	0.09%
RGR	F	0.09%
OSPN	A	0.09%
CMRE	C	0.09%
THR	B	0.09%
ELME	D	0.09%
ZIP	F	0.09%
WNC	C	0.09%
GOGL	F	0.09%
TRTX	B	0.08%
KREF	D	0.08%
SWBI	C	0.08%
LQDT	B	0.08%
SCVL	F	0.08%
MATW	C	0.08%
RYI	C	0.08%
SCHL	D	0.08%
EBF	F	0.08%
USNA	C	0.07%
NRDS	C	0.07%
TPB	B	0.07%
WRLD	C	0.07%
NFBK	B	0.07%
PTLO	F	0.07%
CASS	B	0.07%
EGY	D	0.07%
YORW	D	0.07%
IRWD	F	0.07%
BBW	B	0.07%
CVI	F	0.07%
ACCO	C	0.07%
PAHC	C	0.07%
AORT	B	0.07%
MYE	F	0.06%
FFIC	B	0.06%
HVT	D	0.06%
CPF	A	0.06%
CYH	F	0.06%
PGRE	F	0.06%
LILAK	D	0.06%
KELYA	F	0.06%
FOR	F	0.06%
HY	D	0.06%
FC	F	0.06%
BDN	C	0.06%
FMNB	B	0.06%
CCSI	C	0.06%
GIC	D	0.06%
IRMD	C	0.06%
AXGN	D	0.06%
RUSHB	B	0.06%
LYTS	B	0.06%
NUS	D	0.06%
COLL	F	0.06%
UHT	D	0.06%
CHCT	C	0.06%
BMRC	B	0.05%
MCFT	B	0.05%
MOV	C	0.05%
HTBK	A	0.05%
BV	B	0.05%
NGVC	A	0.05%
ULH	B	0.05%
RMR	F	0.05%
GCO	B	0.05%
NVEC	C	0.05%
NPK	B	0.05%
LXFR	C	0.05%
VLGEA	B	0.05%
FBIZ	B	0.05%
OOMA	B	0.05%
MCW	B	0.05%
DJCO	B	0.05%
CENT	C	0.05%
LINC	B	0.05%
BASE	C	0.05%
FCBC	B	0.05%
GEF	A	0.05%
SRDX	B	0.05%
ENFN	A	0.05%
SEMR	B	0.04%
RM	D	0.04%
PKST	D	0.04%
SB	F	0.04%
CMTG	F	0.04%
MITK	C	0.04%
METC	C	0.04%
AMCX	C	0.04%
HBCP	B	0.04%
ORGO	B	0.04%
VNDA	C	0.04%
SPOK	C	0.04%
GNTY	A	0.04%
NAT	F	0.04%
TMCI	D	0.04%
FLIC	B	0.04%
REPX	A	0.04%
SIGA	F	0.04%
LGTY	D	0.04%
RGP	F	0.04%
PFIS	A	0.04%
NRC	F	0.04%
CDXC	B	0.03%
YMAB	F	0.03%
FLWS	F	0.03%
TTSH	D	0.03%
KRNY	B	0.03%
OFLX	D	0.03%
PFMT	D	0.03%
MED	F	0.03%
ALX	D	0.03%
OLP	B	0.03%
IMMR	C	0.03%
LILA	D	0.03%
NATH	C	0.03%
EVER	F	0.03%
GCMG	B	0.03%
PBPB	C	0.03%
PKBK	A	0.03%
RMAX	C	0.03%
IBTA	C	0.03%
VPG	D	0.03%
WEYS	C	0.03%
RLGT	A	0.03%
GPMT	C	0.02%
NREF	A	0.02%
RMNI	C	0.02%
BTMD	C	0.02%
SGC	C	0.02%
III	C	0.02%
ESCA	C	0.02%
SNBR	F	0.02%
FLXS	B	0.02%
MYPS	C	0.02%
RCKY	F	0.02%
APEI	B	0.02%
GWRS	B	0.02%
INFU	B	0.02%
AVNW	F	0.02%
RELL	B	0.02%
JYNT	C	0.02%
JOUT	D	0.02%
DXLG	F	0.02%
CHMG	B	0.02%
CZNC	B	0.02%
HOFT	C	0.02%
DBI	F	0.02%
ZYXI	D	0.02%
EPM	A	0.02%
IBEX	B	0.02%
CIO	D	0.02%
MG	D	0.02%
REAL	A	0.02%
NATR	C	0.02%
JAKK	C	0.02%
LCUT	F	0.01%
CURV	D	0.01%
MAPS	C	0.01%
FENC	D	0.01%
CIX	D	0.01%
NTIC	C	0.01%
PBYI	C	0.01%
METCB	D	0.01%
LWAY	D	0.01%
STKS	F	0.01%
HBIO	F	0.01%
NL	B	0.01%
QIPT	F	0.01%
SEVN	D	0.01%
CPSS	B	0.01%
VIRC	B	0.01%
CMT	D	0.01%
HBB	F	0.01%
MPX	B	0.01%
FORR	D	0.01%
BSVN	B	0.01%
EGAN	C	0.01%
VRA	F	0.01%
FSTR	B	0.01%
GAMB	A	0.01%
JILL	C	0.01%

FLQS Underweight 171 Positions Relative to JSMD

Symbol	Grade	Weight
APP	B	-8.8%
INCY	C	-2.86%
HEI	B	-2.73%
NBIX	C	-2.32%
ROL	B	-2.03%
BSY	D	-1.98%
CRL	C	-1.89%
MEDP	D	-1.88%
ENSG	D	-1.6%
BRKR	D	-1.52%
DOX	D	-1.4%
FIX	A	-1.34%
EXP	A	-1.24%
FN	D	-1.24%
DOCS	C	-1.21%
RGLD	C	-1.13%
HALO	F	-1.13%
PAYC	B	-1.06%
GPK	C	-1.04%
LNTH	D	-1.04%
IBKR	A	-1.03%
LSCC	D	-0.99%
ERIE	D	-0.98%
DBX	B	-0.97%
NYT	C	-0.94%
TTEK	F	-0.93%
PCTY	B	-0.92%
AAON	B	-0.91%
WMS	D	-0.86%
WCC	B	-0.84%
CASY	A	-0.73%
CNM	D	-0.69%
SSD	D	-0.64%
SANM	B	-0.62%
EXLS	B	-0.61%
AGCO	D	-0.59%
FCN	D	-0.59%
BJ	A	-0.57%
KNSL	B	-0.57%
MTDR	B	-0.56%
WSC	D	-0.54%
SITE	D	-0.53%
HRI	B	-0.52%
WAL	B	-0.52%
DOCN	D	-0.5%
USLM	A	-0.49%
DV	C	-0.48%
STRL	B	-0.47%
BRBR	A	-0.46%
COKE	C	-0.46%
RYAN	B	-0.45%
TOL	B	-0.45%
ALRM	C	-0.43%
RLI	B	-0.42%
ADUS	D	-0.42%
AMPH	D	-0.42%
ZI	D	-0.41%
HLNE	B	-0.41%
WTRG	B	-0.36%
DKS	C	-0.33%
ELF	C	-0.33%
DAR	C	-0.33%
FND	C	-0.32%
CBZ	B	-0.32%
PAG	B	-0.31%
MUSA	A	-0.31%
EVCM	B	-0.3%
BLD	D	-0.3%
LAD	A	-0.29%
TGLS	B	-0.29%
CELH	F	-0.29%
SLM	A	-0.28%
KNTK	B	-0.27%
WS	B	-0.27%
WING	D	-0.27%
STAA	F	-0.26%
ESGR	B	-0.26%
REXR	F	-0.25%
AX	A	-0.24%
PGNY	F	-0.24%
IBOC	A	-0.23%
CZR	F	-0.23%
PLAB	C	-0.22%
PAYO	A	-0.21%
CNXC	F	-0.21%
MYRG	B	-0.2%
MTH	D	-0.19%
IAS	C	-0.18%
ETSY	D	-0.17%
HASI	D	-0.17%
CROX	D	-0.17%
TRNO	F	-0.16%
ABG	B	-0.15%
GSHD	A	-0.15%
ACMR	F	-0.15%
NFE	D	-0.14%
FIVE	F	-0.14%
TBBK	B	-0.14%
PLMR	B	-0.14%
ABR	C	-0.14%
BOOT	D	-0.12%
MBIN	D	-0.1%
NBHC	B	-0.1%
CASH	A	-0.1%
SKWD	A	-0.1%
ARRY	C	-0.09%
GRBK	D	-0.09%
NSA	D	-0.09%
CUBI	C	-0.09%
YETI	C	-0.09%
NAPA	B	-0.08%
QCRH	A	-0.08%
WABC	B	-0.08%
DCGO	C	-0.08%
NX	C	-0.08%
RDVT	A	-0.07%
GSL	F	-0.07%
BY	B	-0.07%
AMAL	B	-0.06%
CLFD	D	-0.06%
ANET	C	-0.06%
HCI	C	-0.06%
RC	D	-0.06%
SHLS	F	-0.06%
AEHR	F	-0.05%
CCB	A	-0.05%
HGTY	B	-0.05%
MGPI	F	-0.05%
BFC	B	-0.05%
FSBC	B	-0.04%
ATLC	B	-0.04%
BFST	C	-0.04%
MCB	B	-0.04%
PAY	B	-0.04%
ORRF	B	-0.04%
NBN	B	-0.04%
OSBC	A	-0.04%
DFH	D	-0.03%
BCAL	B	-0.03%
GCBC	C	-0.03%
BOWL	C	-0.03%
ESQ	A	-0.03%
CCBG	B	-0.03%
HTBI	B	-0.03%
VEL	A	-0.03%
SSBK	B	-0.02%
OBT	C	-0.02%
CIVB	B	-0.02%
HZO	D	-0.02%
ALTG	C	-0.02%
CBNK	B	-0.02%
USCB	B	-0.02%
AMPS	C	-0.02%
HDSN	F	-0.02%
SCLX	F	-0.02%
PLYM	F	-0.02%
UNTY	B	-0.02%
TCBX	A	-0.02%
VTSI	C	-0.01%
MNSB	C	-0.01%
FRAF	A	-0.01%
PSTL	D	-0.01%
PCYO	B	-0.01%
FRD	D	-0.01%
KFS	B	-0.01%
OVLY	A	-0.01%
BWFG	A	-0.01%
PLBC	A	-0.01%
ARHS	F	-0.01%
HGBL	F	-0.0%
SACH	F	-0.0%