FLQS vs. JSML ETF Comparison

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

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

$43.76

Average Daily Volume

3,032

Number of Holdings ^*

463

* may have additional holdings in another (foreign) market

JSML

Janus Small Cap Growth Alpha ETF

JSML Description

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

Grade (RS Rating)

Last Trade

$69.66

Average Daily Volume

10,036

Number of Holdings ^*

193

* may have additional holdings in another (foreign) market

Performance

Period	FLQS	JSML
30 Days	2.54%	4.97%
60 Days	4.61%	7.47%
90 Days	7.25%	11.37%
12 Months	25.64%	32.61%

69 Overlapping Holdings

Symbol	Grade	Weight in FLQS	Weight in JSML	Overlap
AESI	B	0.1%	0.21%	0.1%
ALG	C	0.25%	0.84%	0.25%
AMR	C	0.32%	1.22%	0.32%
ASC	D	0.06%	0.05%	0.05%
BWMN	C	0.03%	0.17%	0.03%
CCRN	F	0.05%	0.24%	0.05%
CEIX	A	0.58%	0.35%	0.35%
CFB	C	0.05%	0.08%	0.05%
CORT	C	0.66%	3.87%	0.66%
CPRX	C	0.34%	1.73%	0.34%
CRAI	B	0.17%	0.46%	0.17%
CRVL	A	0.41%	3.1%	0.41%
CSWI	A	0.82%	2.23%	0.82%
ENVA	B	0.31%	0.25%	0.25%
FBIZ	A	0.05%	0.05%	0.05%
FC	F	0.07%	0.17%	0.07%
FELE	B	0.68%	1.73%	0.68%
GABC	B	0.17%	0.13%	0.13%
GMS	B	0.61%	1.4%	0.61%
GOLF	B	0.35%	0.53%	0.35%
GPI	B	0.71%	0.69%	0.69%
GRNT	B	0.03%	0.09%	0.03%
HRMY	F	0.12%	1.33%	0.12%
HWKN	B	0.23%	1.03%	0.23%
IBEX	A	0.02%	0.13%	0.02%
IESC	A	0.25%	1.84%	0.25%
IIPR	F	0.35%	0.1%	0.1%
IMKTA	C	0.15%	0.23%	0.15%
IMXI	B	0.12%	0.07%	0.07%
INSW	F	0.19%	0.2%	0.19%
IPAR	C	0.37%	0.86%	0.37%
IRMD	C	0.07%	0.47%	0.07%
KAI	B	0.62%	1.64%	0.62%
KRT	B	0.03%	0.22%	0.03%
LINC	C	0.06%	0.06%	0.06%
LMAT	A	0.26%	1.62%	0.26%
LOVE	A	0.06%	0.07%	0.06%
LPG	F	0.06%	0.11%	0.06%
LRN	A	0.62%	0.54%	0.54%
MCRI	A	0.16%	0.2%	0.16%
MHO	D	0.44%	0.53%	0.44%
MITK	D	0.04%	0.18%	0.04%
MLR	C	0.11%	0.28%	0.11%
MYE	F	0.06%	0.18%	0.06%
NECB	B	0.04%	0.05%	0.04%
NMIH	D	0.4%	0.28%	0.28%
NSSC	F	0.18%	0.57%	0.18%
ODC	C	0.04%	0.08%	0.04%
OSIS	A	0.32%	1.06%	0.32%
PFBC	B	0.14%	0.12%	0.12%
PJT	B	0.23%	0.35%	0.23%
PLPC	B	0.04%	0.24%	0.04%
PLUS	F	0.35%	0.9%	0.35%
PLXS	B	0.42%	1.77%	0.42%
PRIM	A	0.27%	1.5%	0.27%
REFI	A	0.02%	0.04%	0.02%
RMNI	C	0.02%	0.08%	0.02%
RUSHA	B	0.49%	1.67%	0.49%
SMLR	B	0.04%	0.23%	0.04%
SSTK	F	0.1%	0.43%	0.1%
SYBT	B	0.13%	0.2%	0.13%
TCMD	B	0.05%	0.27%	0.05%
TH	C	0.03%	0.12%	0.03%
TITN	D	0.04%	0.12%	0.04%
TNC	F	0.24%	0.59%	0.24%
UFPT	C	0.28%	1.6%	0.28%
VCTR	B	0.26%	0.38%	0.26%
VITL	D	0.06%	0.27%	0.06%
XPEL	C	0.13%	0.16%	0.13%

FLQS Overweight 394 Positions Relative to JSML

Symbol	Grade	Weight
SFM	A	1.68%
MLI	B	1.33%
AIT	B	1.29%
CVLT	B	1.19%
JXN	C	1.06%
UFPI	C	0.99%
BMI	C	0.92%
SPSC	F	0.9%
QLYS	C	0.83%
CMC	B	0.83%
KTB	A	0.82%
ESNT	D	0.79%
WTS	B	0.77%
RMBS	C	0.77%
ANF	C	0.74%
EXPO	D	0.74%
MOG.A	B	0.73%
BCC	C	0.7%
MMSI	A	0.69%
ALKS	C	0.69%
IBP	F	0.68%
MATX	B	0.68%
SWX	A	0.66%
KFY	B	0.65%
SIGI	B	0.64%
HOMB	A	0.64%
BOX	B	0.62%
BCO	F	0.59%
FTDR	B	0.58%
WDFC	B	0.58%
NSIT	F	0.58%
SIG	C	0.58%
MGY	A	0.57%
BDC	B	0.57%
IDCC	B	0.56%
PBH	A	0.55%
CTRE	C	0.54%
CRC	A	0.54%
PNM	B	0.53%
SKT	A	0.53%
CALM	A	0.52%
ASB	B	0.51%
SHOO	D	0.48%
MGEE	A	0.48%
BLKB	B	0.47%
ASO	F	0.47%
TGNA	B	0.46%
HIMS	C	0.46%
WK	C	0.46%
ESE	B	0.46%
LANC	D	0.46%
MWA	B	0.46%
ICFI	F	0.44%
TDS	B	0.44%
HCC	B	0.43%
BXMT	C	0.43%
AWR	A	0.43%
NOG	B	0.43%
ATKR	D	0.43%
SXT	C	0.42%
NWE	C	0.42%
SR	A	0.41%
AEO	F	0.41%
WERN	B	0.41%
ATGE	B	0.41%
CAKE	B	0.4%
GNW	A	0.4%
PRGS	B	0.39%
HNI	B	0.39%
IOSP	C	0.39%
ACIW	B	0.39%
BNL	D	0.39%
OTTR	C	0.38%
VRNS	D	0.38%
CWT	C	0.38%
BTU	C	0.37%
YELP	C	0.37%
GEO	A	0.37%
AVA	C	0.36%
SLVM	C	0.36%
EPRT	A	0.36%
CARG	B	0.36%
MGRC	B	0.36%
ARCH	B	0.36%
FSS	B	0.35%
AROC	A	0.35%
NARI	C	0.35%
NSP	F	0.35%
TNET	F	0.35%
PATK	D	0.34%
UNF	B	0.34%
CVBF	B	0.34%
LCII	D	0.34%
FCPT	C	0.33%
PBF	D	0.32%
STRA	C	0.31%
ACLS	F	0.31%
CNMD	C	0.3%
SXI	B	0.3%
PSMT	D	0.3%
JJSF	C	0.3%
NBTB	B	0.29%
PRDO	B	0.28%
STNG	D	0.28%
CNO	B	0.28%
LZB	B	0.27%
ACAD	C	0.27%
EXTR	C	0.27%
UPBD	C	0.26%
PDCO	F	0.26%
HI	C	0.25%
ENR	B	0.25%
OPCH	F	0.25%
VSH	F	0.25%
CSGS	B	0.25%
FL	F	0.25%
REZI	A	0.25%
ROIC	A	0.24%
MCY	B	0.24%
CHCO	B	0.23%
NWBI	B	0.23%
NHC	B	0.23%
CENTA	C	0.23%
MLKN	F	0.23%
HEES	C	0.23%
BKE	B	0.23%
GEF	B	0.23%
DORM	B	0.23%
GPOR	A	0.22%
CALX	D	0.22%
PZZA	F	0.22%
SBH	B	0.22%
EPC	F	0.21%
HURN	B	0.21%
SONO	C	0.21%
CMPR	F	0.21%
WWW	A	0.21%
SJW	F	0.21%
ATRC	C	0.21%
APAM	B	0.2%
LTC	B	0.2%
APOG	B	0.19%
ATEN	A	0.19%
VCEL	A	0.19%
KFRC	D	0.19%
INMD	C	0.19%
NWN	A	0.19%
MD	C	0.19%
DFIN	D	0.19%
BLMN	F	0.19%
RVLV	B	0.19%
NTCT	C	0.18%
NVEE	F	0.18%
YOU	D	0.18%
FIZZ	C	0.18%
OXM	F	0.18%
PRK	B	0.18%
WMK	B	0.18%
HOPE	B	0.18%
HELE	C	0.18%
AAT	A	0.17%
SCS	B	0.17%
AGYS	A	0.17%
EPAC	B	0.17%
GFF	B	0.17%
UVV	B	0.17%
CBRL	C	0.17%
SFL	D	0.16%
SRCE	B	0.16%
HLIT	D	0.16%
CAL	F	0.16%
INVA	C	0.16%
GIII	D	0.16%
BRKL	B	0.15%
ACT	D	0.15%
BBSI	B	0.15%
DLX	B	0.15%
HSII	B	0.15%
PEBO	B	0.15%
PDM	D	0.15%
UNFI	B	0.14%
EMBC	D	0.14%
AMN	F	0.14%
OCFC	B	0.14%
ODP	F	0.13%
TMP	B	0.13%
SXC	A	0.13%
MRTN	C	0.13%
SAH	B	0.13%
HCKT	B	0.12%
MNRO	C	0.12%
CRGY	A	0.12%
CWH	C	0.12%
BLX	B	0.12%
UPWK	C	0.12%
DXPE	B	0.12%
REVG	B	0.11%
SMP	C	0.11%
CNXN	D	0.11%
GRC	B	0.11%
PRO	C	0.11%
BHE	B	0.11%
MDXG	A	0.11%
UTL	C	0.11%
FWRD	D	0.11%
ELME	D	0.1%
TILE	B	0.1%
YEXT	B	0.1%
SPTN	F	0.1%
JACK	D	0.1%
ZIP	D	0.1%
SPNS	F	0.1%
EGBN	B	0.1%
JBSS	F	0.1%
ETD	D	0.1%
UTI	A	0.1%
IDT	B	0.1%
TRST	B	0.09%
HTLD	B	0.09%
SCVL	F	0.09%
SCHL	F	0.09%
FIGS	F	0.09%
GOGL	C	0.09%
OSPN	B	0.09%
RGR	F	0.09%
DHT	D	0.09%
WNC	D	0.09%
AORT	B	0.08%
PTLO	F	0.08%
LQDT	A	0.08%
SWBI	C	0.08%
KREF	D	0.08%
IRWD	F	0.08%
ACCO	B	0.08%
MATW	C	0.08%
RYI	C	0.08%
CMRE	B	0.08%
THR	B	0.08%
EBF	D	0.08%
USNA	C	0.07%
KELYA	F	0.07%
UHT	D	0.07%
COLL	F	0.07%
CVI	D	0.07%
NFBK	B	0.07%
EGY	F	0.07%
WRLD	D	0.07%
YORW	D	0.07%
CASS	B	0.07%
BBW	B	0.07%
NRDS	C	0.07%
SMBC	B	0.07%
TRTX	B	0.07%
PAHC	B	0.07%
HY	D	0.06%
FFIC	B	0.06%
CPF	B	0.06%
NUS	C	0.06%
TPB	A	0.06%
FOR	F	0.06%
BDN	C	0.06%
LILAK	F	0.06%
CCSI	C	0.06%
FMNB	B	0.06%
GIC	F	0.06%
CHCT	C	0.06%
AXGN	D	0.06%
RUSHB	B	0.06%
PGRE	D	0.06%
LYTS	A	0.06%
CYH	F	0.06%
MCFT	C	0.05%
HTBK	B	0.05%
GCO	C	0.05%
RGP	F	0.05%
LGTY	B	0.05%
OOMA	A	0.05%
NGVC	A	0.05%
NPK	C	0.05%
RMR	F	0.05%
NRC	F	0.05%
SIGA	F	0.05%
ULH	B	0.05%
LXFR	B	0.05%
NVEC	D	0.05%
BASE	C	0.05%
CENT	C	0.05%
VLGEA	C	0.05%
SRDX	B	0.05%
ENFN	B	0.05%
DJCO	B	0.05%
GEF	B	0.05%
FCBC	B	0.05%
MCW	C	0.05%
BV	C	0.05%
HVT	D	0.05%
PKST	F	0.04%
IBTA	D	0.04%
GNTY	A	0.04%
NAT	F	0.04%
HBCP	B	0.04%
CMTG	D	0.04%
SPOK	B	0.04%
REPX	A	0.04%
VNDA	C	0.04%
FLIC	B	0.04%
BMRC	A	0.04%
TMCI	C	0.04%
PFIS	B	0.04%
MOV	D	0.04%
JAKK	C	0.03%
KRNY	B	0.03%
OFLX	D	0.03%
OLP	A	0.03%
CMPO	B	0.03%
TTSH	D	0.03%
FLWS	F	0.03%
ALX	D	0.03%
IMMR	F	0.03%
GCMG	A	0.03%
YMAB	F	0.03%
PKBK	B	0.03%
LILA	F	0.03%
MED	F	0.03%
PFMT	F	0.03%
ORGO	B	0.03%
EVER	F	0.03%
NATH	B	0.03%
PBPB	C	0.03%
WEYS	C	0.03%
VPG	F	0.03%
RMAX	D	0.03%
RLGT	B	0.03%
AMCX	C	0.03%
SB	D	0.03%
METC	C	0.03%
RM	D	0.03%
SEMR	C	0.03%
JILL	D	0.02%
III	C	0.02%
SGC	C	0.02%
ESCA	C	0.02%
APEI	B	0.02%
MYPS	C	0.02%
FLXS	B	0.02%
AVNW	F	0.02%
SNBR	F	0.02%
GWRS	B	0.02%
RCKY	F	0.02%
INFU	B	0.02%
RELL	B	0.02%
CHMG	B	0.02%
HOFT	C	0.02%
EPM	A	0.02%
CZNC	B	0.02%
ESSA	B	0.02%
JYNT	D	0.02%
DXLG	D	0.02%
JOUT	F	0.02%
REAL	B	0.02%
DBI	F	0.02%
ZYXI	D	0.02%
CIO	F	0.02%
CDXC	A	0.02%
MG	D	0.02%
NATR	B	0.02%
LCUT	F	0.01%
CURV	C	0.01%
CIX	C	0.01%
FENC	F	0.01%
NTIC	C	0.01%
LWAY	C	0.01%
METCB	C	0.01%
PBYI	D	0.01%
STKS	F	0.01%
NL	C	0.01%
HBIO	F	0.01%
SEVN	C	0.01%
CPSS	C	0.01%
QIPT	F	0.01%
HBB	F	0.01%
CMT	F	0.01%
MPX	C	0.01%
VIRC	C	0.01%
GAMB	A	0.01%
FSTR	B	0.01%
BSVN	A	0.01%
FORR	D	0.01%
BTMD	B	0.01%
VRA	D	0.01%
GPMT	B	0.01%
EGAN	D	0.01%
NREF	A	0.01%
MAPS	C	0.0%

FLQS Underweight 124 Positions Relative to JSML

Symbol	Grade	Weight
DOCS	C	-3.88%
HRI	C	-2.2%
STRL	A	-1.97%
DY	C	-1.94%
SANM	B	-1.78%
USLM	A	-1.62%
ADUS	D	-1.53%
AMPH	F	-1.53%
DOCN	D	-1.44%
DV	C	-1.38%
CBZ	B	-1.37%
PAG	B	-1.32%
IRDM	F	-1.31%
ALRM	C	-1.25%
TGLS	B	-1.23%
STAA	F	-0.93%
CNXC	F	-0.89%
WS	B	-0.88%
PGNY	F	-0.88%
MYRG	C	-0.87%
EVCM	B	-0.87%
NABL	F	-0.83%
HLNE	A	-0.71%
PLAB	D	-0.64%
IAS	D	-0.64%
FOUR	A	-0.58%
UMBF	B	-0.54%
BOOT	D	-0.51%
TR	B	-0.5%
CVCO	A	-0.48%
SFBS	B	-0.47%
ACMR	F	-0.45%
ESGR	B	-0.45%
AX	B	-0.42%
IBOC	B	-0.41%
BMBL	C	-0.4%
YETI	D	-0.4%
ARRY	F	-0.38%
GRBK	D	-0.38%
PAYO	A	-0.37%
BANF	B	-0.37%
NX	C	-0.36%
NAPA	A	-0.35%
TRNS	F	-0.34%
KNTK	A	-0.33%
FHI	B	-0.32%
GSL	F	-0.3%
DCGO	B	-0.3%
SNEX	B	-0.29%
UEC	A	-0.29%
HASI	F	-0.29%
SHLS	F	-0.28%
GSHD	B	-0.27%
ANET	C	-0.27%
TBBK	B	-0.25%
PLMR	A	-0.25%
ABR	B	-0.25%
MGPI	F	-0.24%
RDVT	A	-0.2%
CASH	B	-0.19%
SKWD	A	-0.19%
CLFD	F	-0.18%
CUBI	C	-0.17%
NFE	F	-0.17%
MBIN	F	-0.17%
QCRH	B	-0.15%
WABC	B	-0.15%
AEHR	F	-0.14%
BY	B	-0.13%
BOWL	D	-0.13%
RC	D	-0.12%
DFH	F	-0.12%
NSA	C	-0.11%
AMAL	B	-0.11%
HCI	C	-0.11%
JOE	F	-0.1%
HGTY	B	-0.1%
PARR	F	-0.1%
BFC	B	-0.1%
HDSN	F	-0.1%
HZO	F	-0.09%
SCLX	F	-0.09%
ALTG	C	-0.09%
CCB	A	-0.09%
ORRF	B	-0.08%
TIPT	B	-0.08%
OSBC	B	-0.08%
ATLC	A	-0.07%
CCBG	B	-0.07%
HTBI	A	-0.07%
VEL	A	-0.07%
ARHS	F	-0.07%
PAY	A	-0.07%
RCMT	C	-0.07%
FSBC	B	-0.07%
NBN	B	-0.07%
BFST	B	-0.07%
MCB	B	-0.07%
BCAL	A	-0.06%
HNRG	B	-0.06%
ESQ	B	-0.06%
FRD	F	-0.05%
OBT	B	-0.04%
SSBK	B	-0.04%
UNTY	B	-0.04%
ONEW	F	-0.04%
NXRT	A	-0.04%
CBNK	B	-0.04%
TCBX	A	-0.04%
PLBC	A	-0.03%
VTSI	C	-0.03%
BWFG	A	-0.03%
PLYM	F	-0.03%
CIVB	B	-0.03%
AFCG	D	-0.02%
OPBK	B	-0.02%
KFS	B	-0.02%
OVLY	B	-0.02%
HGBL	F	-0.01%
PSTL	D	-0.01%
MNSB	C	-0.01%
SACH	F	-0.01%
FRAF	A	-0.01%
CZWI	A	-0.01%