FLQS vs. SLYG ETF Comparison

Comparison of Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) to SPDR S&P 600 Small Cap Growth ETF (based on S&P SmallCap 600 Growth Index) (SLYG)

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

$44.71

Average Daily Volume

3,162

Number of Holdings ^*

463

* may have additional holdings in another (foreign) market

SLYG

SPDR S&P 600 Small Cap Growth ETF (based on S&P SmallCap 600 Growth Index)

SLYG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of small capitalization exchange traded U.S. equity securities exhibiting "growth" characteristics. In seeking to track the performance of the S&P SmallCap 600 Growth Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the small-capitalization growth sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$97.23

Average Daily Volume

137,754

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

Performance

Period	FLQS	SLYG
30 Days	5.40%	4.30%
60 Days	9.38%	8.25%
90 Days	10.78%	9.02%
12 Months	28.64%	31.06%

134 Overlapping Holdings

Symbol	Grade	Weight in FLQS	Weight in SLYG	Overlap
ACIW	B	0.39%	0.53%	0.39%
ACLS	F	0.31%	0.38%	0.31%
AEO	F	0.41%	0.45%	0.41%
AGYS	B	0.17%	0.39%	0.17%
ALG	B	0.25%	0.28%	0.25%
ALKS	B	0.69%	0.43%	0.43%
AMN	F	0.14%	0.07%	0.07%
AMR	C	0.32%	0.36%	0.32%
AORT	C	0.08%	0.08%	0.08%
APAM	B	0.2%	0.26%	0.2%
APOG	B	0.19%	0.12%	0.12%
ARCH	B	0.36%	0.29%	0.29%
AROC	B	0.35%	0.58%	0.35%
ATEN	B	0.19%	0.08%	0.08%
ATGE	B	0.41%	0.47%	0.41%
AWR	B	0.43%	0.24%	0.24%
BCC	B	0.7%	0.78%	0.7%
BKE	A	0.23%	0.12%	0.12%
BLMN	F	0.19%	0.07%	0.07%
BMI	B	0.92%	0.94%	0.92%
BOX	A	0.62%	0.43%	0.43%
BTU	B	0.37%	0.22%	0.22%
CAKE	B	0.4%	0.14%	0.14%
CALM	B	0.52%	0.53%	0.52%
CALX	F	0.22%	0.13%	0.13%
CARG	B	0.36%	0.46%	0.36%
CEIX	B	0.58%	0.48%	0.48%
CHCO	B	0.23%	0.17%	0.17%
CNMD	C	0.3%	0.33%	0.3%
COLL	F	0.07%	0.14%	0.07%
CORT	B	0.66%	0.49%	0.49%
CPRX	B	0.34%	0.36%	0.34%
CRC	B	0.54%	0.57%	0.54%
CRVL	B	0.41%	0.46%	0.41%
CSGS	B	0.25%	0.11%	0.11%
CSWI	B	0.82%	0.98%	0.82%
CTRE	C	0.54%	0.46%	0.46%
CVI	F	0.07%	0.05%	0.05%
CWT	D	0.38%	0.17%	0.17%
DFIN	D	0.19%	0.24%	0.19%
DORM	B	0.23%	0.37%	0.23%
ENR	B	0.25%	0.14%	0.14%
EPAC	B	0.17%	0.26%	0.17%
EPRT	C	0.36%	0.42%	0.36%
ESE	B	0.46%	0.52%	0.46%
ETD	D	0.1%	0.04%	0.04%
EXTR	B	0.27%	0.18%	0.18%
FCPT	C	0.33%	0.16%	0.16%
FELE	A	0.68%	0.6%	0.6%
FIZZ	B	0.18%	0.09%	0.09%
FSS	C	0.35%	0.79%	0.35%
FTDR	B	0.58%	0.61%	0.58%
GFF	A	0.17%	0.27%	0.17%
GMS	B	0.61%	0.57%	0.57%
GPI	A	0.71%	0.75%	0.71%
HCC	C	0.43%	0.5%	0.43%
HLIT	D	0.16%	0.11%	0.11%
HNI	B	0.39%	0.23%	0.23%
HRMY	D	0.12%	0.08%	0.08%
HTLD	C	0.09%	0.04%	0.04%
HWKN	C	0.23%	0.34%	0.23%
IBP	F	0.68%	0.68%	0.68%
IDCC	B	0.56%	0.67%	0.56%
IIPR	F	0.35%	0.23%	0.23%
INVA	B	0.16%	0.08%	0.08%
IOSP	B	0.39%	0.27%	0.27%
IPAR	B	0.37%	0.32%	0.32%
IRWD	D	0.08%	0.05%	0.05%
JACK	D	0.1%	0.12%	0.1%
JBSS	F	0.1%	0.06%	0.06%
JJSF	B	0.3%	0.38%	0.3%
KFY	B	0.65%	0.34%	0.34%
KTB	B	0.82%	0.64%	0.64%
LCII	C	0.34%	0.26%	0.26%
LMAT	B	0.26%	0.3%	0.26%
LPG	F	0.06%	0.14%	0.06%
LQDT	B	0.08%	0.08%	0.08%
LRN	B	0.62%	0.61%	0.61%
LTC	B	0.2%	0.1%	0.1%
LZB	C	0.27%	0.14%	0.14%
MATW	C	0.08%	0.07%	0.07%
MATX	A	0.68%	0.78%	0.68%
MCRI	A	0.16%	0.15%	0.15%
MCW	C	0.05%	0.05%	0.05%
MGEE	A	0.48%	0.3%	0.3%
MGY	B	0.57%	0.72%	0.57%
MHO	D	0.44%	0.6%	0.44%
MLI	B	1.33%	1.5%	1.33%
MMSI	B	0.69%	0.5%	0.5%
MOG.A	B	0.73%	0.91%	0.73%
MRTN	B	0.13%	0.07%	0.07%
MYE	F	0.06%	0.03%	0.03%
NARI	C	0.35%	0.21%	0.21%
NHC	B	0.23%	0.11%	0.11%
NMIH	C	0.4%	0.28%	0.28%
NOG	B	0.43%	0.57%	0.43%
NPK	B	0.05%	0.02%	0.02%
NSIT	F	0.58%	0.41%	0.41%
OSIS	B	0.32%	0.34%	0.32%
OTTR	C	0.38%	0.47%	0.38%
OXM	D	0.18%	0.16%	0.16%
PATK	D	0.34%	0.41%	0.34%
PBH	A	0.55%	0.28%	0.28%
PFBC	B	0.14%	0.17%	0.14%
PJT	B	0.23%	0.31%	0.23%
PLUS	F	0.35%	0.22%	0.22%
PLXS	C	0.42%	0.27%	0.27%
PRDO	B	0.28%	0.12%	0.12%
PRGS	A	0.39%	0.41%	0.39%
PRK	B	0.18%	0.16%	0.16%
PZZA	D	0.22%	0.11%	0.11%
RUSHA	B	0.49%	0.25%	0.25%
SHOO	D	0.48%	0.46%	0.46%
SIG	B	0.58%	0.62%	0.58%
SJW	F	0.21%	0.1%	0.1%
SKT	B	0.53%	0.55%	0.53%
SPSC	D	0.9%	0.98%	0.9%
SSTK	D	0.1%	0.06%	0.06%
STRA	C	0.31%	0.14%	0.14%
SXI	B	0.3%	0.34%	0.3%
SXT	B	0.42%	0.2%	0.2%
TDS	B	0.44%	0.22%	0.22%
TNC	F	0.24%	0.24%	0.24%
UFPT	C	0.28%	0.35%	0.28%
UHT	D	0.07%	0.04%	0.04%
UNF	B	0.34%	0.18%	0.18%
UPBD	B	0.26%	0.13%	0.13%
UTL	C	0.11%	0.06%	0.06%
VCEL	B	0.19%	0.39%	0.19%
WDFC	B	0.58%	0.55%	0.55%
WRLD	C	0.07%	0.06%	0.06%
XPEL	C	0.13%	0.14%	0.13%
YELP	C	0.37%	0.36%	0.36%
YOU	D	0.18%	0.24%	0.18%

FLQS Overweight 329 Positions Relative to SLYG

Symbol	Grade	Weight
SFM	B	1.68%
AIT	A	1.29%
CVLT	A	1.19%
JXN	B	1.06%
UFPI	B	0.99%
QLYS	B	0.83%
CMC	B	0.83%
ESNT	D	0.79%
WTS	B	0.77%
RMBS	B	0.77%
ANF	D	0.74%
EXPO	D	0.74%
SWX	B	0.66%
SIGI	B	0.64%
HOMB	A	0.64%
KAI	B	0.62%
BCO	F	0.59%
BDC	C	0.57%
PNM	B	0.53%
ASB	B	0.51%
BLKB	C	0.47%
ASO	F	0.47%
TGNA	B	0.46%
HIMS	B	0.46%
WK	B	0.46%
LANC	C	0.46%
MWA	B	0.46%
ICFI	C	0.44%
BXMT	D	0.43%
ATKR	D	0.43%
NWE	C	0.42%
SR	C	0.41%
WERN	B	0.41%
GNW	B	0.4%
BNL	D	0.39%
VRNS	D	0.38%
GEO	B	0.37%
AVA	C	0.36%
SLVM	C	0.36%
MGRC	B	0.36%
GOLF	B	0.35%
NSP	F	0.35%
TNET	D	0.35%
CVBF	B	0.34%
PBF	F	0.32%
ENVA	B	0.31%
PSMT	C	0.3%
NBTB	B	0.29%
STNG	F	0.28%
CNO	B	0.28%
PRIM	B	0.27%
ACAD	C	0.27%
VCTR	B	0.26%
PDCO	F	0.26%
HI	C	0.25%
OPCH	F	0.25%
VSH	F	0.25%
IESC	B	0.25%
FL	F	0.25%
REZI	A	0.25%
ROIC	A	0.24%
MCY	B	0.24%
NWBI	B	0.23%
CENTA	C	0.23%
MLKN	D	0.23%
HEES	B	0.23%
GEF	A	0.23%
GPOR	B	0.22%
SBH	C	0.22%
EPC	F	0.21%
HURN	B	0.21%
SONO	C	0.21%
CMPR	D	0.21%
WWW	B	0.21%
ATRC	B	0.21%
INSW	F	0.19%
KFRC	C	0.19%
INMD	B	0.19%
NWN	B	0.19%
MD	C	0.19%
RVLV	B	0.19%
NTCT	B	0.18%
NVEE	C	0.18%
WMK	B	0.18%
NSSC	F	0.18%
HOPE	B	0.18%
HELE	C	0.18%
AAT	C	0.17%
GABC	A	0.17%
SCS	C	0.17%
CRAI	B	0.17%
UVV	B	0.17%
CBRL	C	0.17%
SFL	F	0.16%
SRCE	B	0.16%
CAL	D	0.16%
GIII	D	0.16%
BRKL	B	0.15%
IMKTA	B	0.15%
ACT	C	0.15%
BBSI	A	0.15%
DLX	A	0.15%
HSII	B	0.15%
PEBO	B	0.15%
PDM	D	0.15%
UNFI	C	0.14%
EMBC	B	0.14%
OCFC	B	0.14%
ODP	F	0.13%
TMP	B	0.13%
SXC	B	0.13%
SYBT	B	0.13%
SAH	B	0.13%
IMXI	B	0.12%
HCKT	B	0.12%
MNRO	B	0.12%
CRGY	B	0.12%
CWH	C	0.12%
BLX	A	0.12%
UPWK	B	0.12%
DXPE	B	0.12%
REVG	B	0.11%
SMP	B	0.11%
CNXN	C	0.11%
GRC	B	0.11%
PRO	C	0.11%
MLR	C	0.11%
BHE	C	0.11%
MDXG	B	0.11%
FWRD	D	0.11%
ELME	D	0.1%
AESI	C	0.1%
TILE	B	0.1%
YEXT	A	0.1%
SPTN	F	0.1%
ZIP	C	0.1%
SPNS	F	0.1%
EGBN	B	0.1%
UTI	A	0.1%
IDT	B	0.1%
TRST	B	0.09%
SCVL	D	0.09%
SCHL	D	0.09%
FIGS	F	0.09%
GOGL	D	0.09%
OSPN	A	0.09%
RGR	F	0.09%
DHT	D	0.09%
WNC	C	0.09%
PTLO	C	0.08%
SWBI	D	0.08%
KREF	D	0.08%
ACCO	B	0.08%
RYI	B	0.08%
CMRE	C	0.08%
THR	D	0.08%
EBF	D	0.08%
USNA	C	0.07%
FC	F	0.07%
KELYA	F	0.07%
IRMD	B	0.07%
NFBK	B	0.07%
EGY	F	0.07%
YORW	F	0.07%
CASS	B	0.07%
BBW	C	0.07%
NRDS	B	0.07%
SMBC	B	0.07%
TRTX	C	0.07%
PAHC	B	0.07%
LINC	B	0.06%
LOVE	B	0.06%
HY	F	0.06%
FFIC	B	0.06%
CPF	B	0.06%
NUS	D	0.06%
TPB	A	0.06%
ASC	F	0.06%
FOR	F	0.06%
BDN	D	0.06%
LILAK	F	0.06%
CCSI	B	0.06%
VITL	F	0.06%
FMNB	B	0.06%
GIC	D	0.06%
CHCT	C	0.06%
AXGN	C	0.06%
RUSHB	B	0.06%
PGRE	B	0.06%
LYTS	B	0.06%
CYH	F	0.06%
MCFT	B	0.05%
HTBK	A	0.05%
GCO	B	0.05%
RGP	D	0.05%
LGTY	B	0.05%
OOMA	A	0.05%
NGVC	B	0.05%
RMR	F	0.05%
NRC	D	0.05%
TCMD	B	0.05%
SIGA	D	0.05%
ULH	B	0.05%
LXFR	B	0.05%
NVEC	D	0.05%
BASE	C	0.05%
FBIZ	B	0.05%
CENT	C	0.05%
VLGEA	B	0.05%
SRDX	C	0.05%
ENFN	B	0.05%
CCRN	F	0.05%
DJCO	B	0.05%
GEF	A	0.05%
FCBC	B	0.05%
BV	B	0.05%
HVT	F	0.05%
CFB	B	0.05%
SMLR	B	0.04%
PKST	D	0.04%
IBTA	B	0.04%
GNTY	B	0.04%
NAT	F	0.04%
HBCP	B	0.04%
MITK	C	0.04%
CMTG	D	0.04%
TITN	D	0.04%
ODC	C	0.04%
SPOK	B	0.04%
REPX	B	0.04%
VNDA	B	0.04%
FLIC	B	0.04%
PLPC	B	0.04%
BMRC	B	0.04%
NECB	B	0.04%
TMCI	C	0.04%
PFIS	B	0.04%
MOV	C	0.04%
KRT	A	0.03%
JAKK	C	0.03%
KRNY	B	0.03%
OFLX	C	0.03%
OLP	B	0.03%
CMPO	C	0.03%
TTSH	B	0.03%
FLWS	C	0.03%
ALX	D	0.03%
IMMR	F	0.03%
GCMG	C	0.03%
YMAB	D	0.03%
PKBK	B	0.03%
LILA	F	0.03%
MED	C	0.03%
BWMN	C	0.03%
PFMT	D	0.03%
ORGO	B	0.03%
EVER	D	0.03%
NATH	C	0.03%
PBPB	B	0.03%
WEYS	B	0.03%
VPG	F	0.03%
RMAX	C	0.03%
RLGT	C	0.03%
GRNT	B	0.03%
AMCX	C	0.03%
SB	D	0.03%
METC	C	0.03%
TH	B	0.03%
RM	D	0.03%
SEMR	C	0.03%
JILL	C	0.02%
RMNI	C	0.02%
III	C	0.02%
SGC	C	0.02%
REFI	B	0.02%
ESCA	B	0.02%
APEI	B	0.02%
MYPS	C	0.02%
FLXS	C	0.02%
AVNW	F	0.02%
SNBR	D	0.02%
GWRS	C	0.02%
RCKY	F	0.02%
INFU	B	0.02%
RELL	C	0.02%
CHMG	A	0.02%
HOFT	B	0.02%
EPM	B	0.02%
CZNC	B	0.02%
ESSA	B	0.02%
JYNT	C	0.02%
DXLG	C	0.02%
JOUT	F	0.02%
REAL	B	0.02%
IBEX	B	0.02%
DBI	F	0.02%
ZYXI	D	0.02%
CIO	D	0.02%
CDXC	B	0.02%
MG	D	0.02%
NATR	B	0.02%
LCUT	F	0.01%
CURV	F	0.01%
CIX	C	0.01%
FENC	F	0.01%
NTIC	C	0.01%
LWAY	D	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	D	0.01%
MPX	C	0.01%
VIRC	B	0.01%
GAMB	B	0.01%
FSTR	B	0.01%
BSVN	B	0.01%
FORR	D	0.01%
BTMD	B	0.01%
VRA	C	0.01%
GPMT	C	0.01%
EGAN	C	0.01%
NREF	B	0.01%
MAPS	D	0.0%

FLQS Underweight 210 Positions Relative to SLYG

Symbol	Grade	Weight
CRS	B	-1.25%
GKOS	A	-1.12%
MARA	C	-1.05%
ATI	D	-1.03%
AWI	B	-0.95%
MTH	D	-0.93%
AVAV	C	-0.86%
RDNT	B	-0.77%
SHAK	C	-0.74%
ADMA	B	-0.72%
SM	C	-0.7%
ITGR	B	-0.65%
INSP	F	-0.6%
BOOT	D	-0.58%
TGTX	B	-0.58%
VRRM	F	-0.55%
CVCO	B	-0.54%
MSGS	C	-0.53%
FBP	B	-0.5%
APLE	B	-0.5%
CNK	B	-0.49%
CCOI	C	-0.47%
BCPC	B	-0.46%
FORM	F	-0.46%
POWL	B	-0.45%
KRYS	B	-0.44%
TMDX	F	-0.43%
PI	D	-0.43%
LBRT	F	-0.42%
ALRM	C	-0.42%
ACA	B	-0.42%
GSHD	A	-0.41%
OII	B	-0.41%
DV	C	-0.41%
MC	B	-0.41%
TBBK	B	-0.4%
AX	B	-0.4%
RDN	C	-0.4%
WHD	B	-0.39%
ARCB	C	-0.39%
AEIS	C	-0.38%
ITRI	B	-0.38%
AGO	B	-0.38%
ETSY	C	-0.38%
PIPR	B	-0.37%
TDW	F	-0.37%
PLMR	C	-0.37%
AZZ	B	-0.36%
ABG	B	-0.36%
MYRG	B	-0.35%
MTRN	B	-0.35%
ZWS	B	-0.34%
TPH	D	-0.34%
BGC	C	-0.34%
SKYW	B	-0.34%
PECO	A	-0.34%
PRVA	B	-0.33%
SFBS	B	-0.32%
EAT	B	-0.32%
SITM	B	-0.32%
TFIN	B	-0.32%
EVTC	C	-0.32%
GVA	B	-0.31%
BRC	A	-0.31%
JBT	A	-0.31%
URBN	C	-0.31%
ROCK	C	-0.31%
OFG	B	-0.3%
NEO	B	-0.3%
SMPL	B	-0.3%
BL	B	-0.3%
GRBK	D	-0.3%
SHO	C	-0.3%
FUL	F	-0.29%
PRG	B	-0.29%
CASH	B	-0.29%
SEE	C	-0.29%
DRH	B	-0.27%
RAMP	C	-0.27%
HP	C	-0.27%
JOE	F	-0.27%
PTGX	C	-0.26%
AMPH	C	-0.26%
RXO	C	-0.25%
ASTH	F	-0.25%
CATY	B	-0.25%
SMTC	B	-0.24%
CUBI	B	-0.24%
UE	B	-0.24%
AIR	C	-0.24%
GTES	B	-0.23%
DVAX	B	-0.23%
DIOD	F	-0.23%
PTEN	C	-0.23%
KLIC	C	-0.23%
WD	D	-0.22%
HLX	D	-0.22%
NPO	B	-0.22%
BANF	B	-0.22%
WSFS	B	-0.22%
TRIP	D	-0.22%
TRN	B	-0.22%
VECO	F	-0.22%
WT	B	-0.2%
SPNT	C	-0.2%
ENV	B	-0.19%
CNS	C	-0.19%
DOCN	D	-0.19%
PGNY	F	-0.19%
IAC	F	-0.19%
BOH	B	-0.18%
CPK	A	-0.18%
PLAY	C	-0.18%
STEP	B	-0.18%
MTX	B	-0.18%
LGIH	F	-0.18%
ROG	D	-0.17%
ARLO	D	-0.17%
AIN	D	-0.17%
CCS	F	-0.17%
EXPI	C	-0.17%
KWR	C	-0.17%
PLAB	C	-0.16%
CARS	B	-0.16%
AL	B	-0.15%
OUT	C	-0.15%
EFC	C	-0.15%
PAYO	B	-0.15%
WS	B	-0.15%
MP	C	-0.14%
CTS	B	-0.14%
HCI	C	-0.14%
ANIP	C	-0.14%
VRTS	B	-0.14%
WGO	B	-0.14%
PDFS	C	-0.14%
NX	C	-0.14%
LKFN	B	-0.13%
XHR	B	-0.13%
RWT	D	-0.13%
TNDM	F	-0.13%
WABC	B	-0.13%
VVI	B	-0.13%
ADUS	D	-0.13%
PARR	F	-0.13%
SUPN	B	-0.12%
VSTS	D	-0.12%
TRUP	B	-0.12%
STAA	F	-0.12%
STBA	B	-0.12%
AMWD	B	-0.12%
FCF	B	-0.12%
WOR	F	-0.12%
MXL	C	-0.11%
SABR	B	-0.11%
UNIT	C	-0.11%
XNCR	B	-0.11%
USPH	C	-0.11%
ANDE	D	-0.11%
GTY	B	-0.1%
SDGR	C	-0.1%
ARI	D	-0.1%
VICR	B	-0.1%
MYGN	F	-0.1%
REX	C	-0.1%
THRM	F	-0.09%
PRLB	B	-0.09%
BHLB	B	-0.09%
CRK	B	-0.09%
LNN	C	-0.09%
CERT	F	-0.09%
KN	B	-0.09%
MSEX	C	-0.08%
AMBC	C	-0.08%
BLFS	C	-0.08%
SHEN	F	-0.08%
VRE	B	-0.08%
TTGT	B	-0.07%
WOLF	F	-0.07%
RES	F	-0.07%
NABL	F	-0.07%
GES	F	-0.07%
BSIG	B	-0.07%
AMSF	A	-0.07%
COHU	C	-0.07%
FOXF	F	-0.07%
MMI	B	-0.06%
SBSI	B	-0.06%
KOP	C	-0.06%
MGPI	F	-0.06%
HSTM	A	-0.06%
GDEN	B	-0.06%
HAYN	A	-0.06%
CLB	C	-0.06%
TR	C	-0.05%
AHH	D	-0.05%
SWI	B	-0.05%
MTUS	C	-0.05%
INN	C	-0.05%
IIIN	D	-0.05%
RCUS	D	-0.05%
VTLE	C	-0.05%
SNCY	B	-0.04%
SEDG	F	-0.04%
CEVA	B	-0.04%
SLP	D	-0.04%
WSR	A	-0.04%
RGNX	D	-0.03%
GOGO	C	-0.03%
BFS	C	-0.03%