FLQS vs. SMLV ETF Comparison

Comparison of Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) to SPDR Russell 2000 Low Volatility (SMLV)
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
SMLV

SPDR Russell 2000 Low Volatility

SMLV Description The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$138.73

Average Daily Volume

5,666

Number of Holdings *

404

* may have additional holdings in another (foreign) market
Performance
Period FLQS SMLV
30 Days 8.75% 11.21%
60 Days 7.73% 11.28%
90 Days 8.58% 11.66%
12 Months 29.71% 40.81%
162 Overlapping Holdings
Symbol Grade Weight in FLQS Weight in SMLV Overlap
ACAD D 0.27% 0.02% 0.02%
ACIW B 0.39% 0.1% 0.1%
ALG B 0.26% 0.09% 0.09%
ALKS B 0.67% 0.05% 0.05%
AMN F 0.15% 0.02% 0.02%
AORT B 0.07% 0.05% 0.05%
APOG B 0.18% 0.09% 0.09%
ARCH B 0.37% 0.06% 0.06%
AROC B 0.35% 0.11% 0.11%
ATEN B 0.19% 0.06% 0.06%
ATRC C 0.21% 0.04% 0.04%
BBSI B 0.15% 0.09% 0.09%
BHE B 0.11% 0.11% 0.11%
BLKB B 0.46% 0.09% 0.09%
BLX C 0.12% 0.84% 0.12%
BMI B 0.9% 0.13% 0.13%
BNL D 0.4% 0.12% 0.12%
BOX B 0.62% 0.07% 0.07%
BRKL B 0.14% 0.72% 0.14%
CALM A 0.54% 0.15% 0.15%
CASS B 0.07% 0.1% 0.07%
CBRL C 0.19% 0.03% 0.03%
CENT C 0.05% 0.06% 0.05%
CHCO B 0.22% 1.25% 0.22%
CHCT C 0.06% 0.09% 0.06%
CMPO A 0.03% 0.15% 0.03%
CNMD C 0.29% 0.04% 0.04%
CNO A 0.29% 1.14% 0.29%
CORT B 0.62% 0.08% 0.08%
CRC A 0.54% 0.09% 0.09%
CSGS B 0.25% 0.12% 0.12%
CSWI A 0.83% 0.19% 0.19%
CTRE D 0.54% 0.11% 0.11%
CVLT B 1.2% 0.14% 0.14%
CZNC B 0.02% 0.2% 0.02%
DORM B 0.23% 0.11% 0.11%
EBF F 0.08% 0.25% 0.08%
ELME D 0.09% 0.13% 0.09%
EPAC B 0.17% 0.08% 0.08%
ESE B 0.48% 0.12% 0.12%
ETD C 0.11% 0.05% 0.05%
EXPO D 0.71% 0.12% 0.12%
FBIZ B 0.05% 0.25% 0.05%
FCBC B 0.05% 0.48% 0.05%
FCPT C 0.35% 0.12% 0.12%
FELE B 0.69% 0.14% 0.14%
FLIC B 0.04% 0.19% 0.04%
FMNB B 0.06% 0.36% 0.06%
FORR D 0.01% 0.06% 0.01%
FSS B 0.35% 0.11% 0.11%
FSTR B 0.01% 0.06% 0.01%
FTDR A 0.57% 0.12% 0.12%
GABC B 0.17% 0.84% 0.17%
GCMG B 0.03% 1.01% 0.03%
GEF A 0.05% 0.12% 0.05%
GEF A 0.23% 0.12% 0.12%
GNTY A 0.04% 0.19% 0.04%
GPI A 0.73% 0.07% 0.07%
GPOR B 0.23% 0.15% 0.15%
GRC A 0.11% 0.11% 0.11%
HBCP B 0.04% 0.23% 0.04%
HCC B 0.44% 0.11% 0.11%
HCKT B 0.11% 0.12% 0.11%
HELE C 0.19% 0.03% 0.03%
HI C 0.27% 0.03% 0.03%
HNI B 0.39% 0.11% 0.11%
HOMB A 0.65% 0.93% 0.65%
HRMY D 0.11% 0.04% 0.04%
HSII B 0.15% 0.1% 0.1%
HTLD B 0.09% 0.14% 0.09%
HURN B 0.2% 0.08% 0.08%
HWKN B 0.23% 0.12% 0.12%
IBEX B 0.02% 0.06% 0.02%
ICFI F 0.36% 0.14% 0.14%
INVA D 0.15% 0.1% 0.1%
IOSP B 0.39% 0.08% 0.08%
IRMD C 0.06% 0.06% 0.06%
IRWD F 0.07% 0.03% 0.03%
JBSS D 0.1% 0.09% 0.09%
JJSF B 0.3% 0.15% 0.15%
JOUT D 0.02% 0.05% 0.02%
KAI A 0.63% 0.09% 0.09%
KFRC D 0.19% 0.07% 0.07%
KREF D 0.08% 0.11% 0.08%
KRNY B 0.03% 0.31% 0.03%
LGTY D 0.04% 0.06% 0.04%
LILAK D 0.06% 0.05% 0.05%
LMAT A 0.27% 0.11% 0.11%
LTC B 0.2% 0.13% 0.13%
LZB B 0.27% 0.08% 0.08%
MATW C 0.08% 0.05% 0.05%
MGEE C 0.49% 0.23% 0.23%
MGRC B 0.36% 1.02% 0.36%
MLR B 0.1% 0.11% 0.1%
MMSI B 0.71% 0.06% 0.06%
MNRO D 0.12% 0.06% 0.06%
MOG.A B 0.74% 0.1% 0.1%
MRTN C 0.13% 0.11% 0.11%
MWA B 0.46% 0.12% 0.12%
NARI C 0.36% 0.04% 0.04%
NATR C 0.02% 0.05% 0.02%
NBTB B 0.29% 1.37% 0.29%
NFBK B 0.07% 0.35% 0.07%
NHC C 0.22% 0.21% 0.21%
NPK B 0.05% 0.17% 0.05%
NRC F 0.04% 0.03% 0.03%
NTCT C 0.17% 0.1% 0.1%
NVEC C 0.05% 0.05% 0.05%
NWBI B 0.23% 1.17% 0.23%
NWE A 0.44% 0.22% 0.22%
NWN A 0.2% 0.19% 0.19%
OSIS B 0.33% 0.11% 0.11%
OXM D 0.18% 0.03% 0.03%
PAHC C 0.07% 0.1% 0.07%
PBH A 0.56% 0.15% 0.15%
PDCO D 0.27% 0.04% 0.04%
PEBO A 0.15% 0.77% 0.15%
PFIS A 0.04% 0.23% 0.04%
PJT A 0.24% 1.89% 0.24%
PLUS F 0.3% 0.06% 0.06%
PLXS B 0.42% 0.14% 0.14%
PNM F 0.56% 0.23% 0.23%
PRDO B 0.31% 0.08% 0.08%
PRGS A 0.38% 0.11% 0.11%
PRIM A 0.28% 0.11% 0.11%
PRK B 0.18% 1.42% 0.18%
PSMT C 0.31% 0.08% 0.08%
PZZA D 0.21% 0.04% 0.04%
RGP F 0.04% 0.08% 0.04%
RGR F 0.09% 0.06% 0.06%
RLGT A 0.03% 0.08% 0.03%
RUSHA C 0.48% 0.11% 0.11%
SCHL D 0.08% 0.03% 0.03%
SFL D 0.17% 0.06% 0.06%
SHOO D 0.47% 0.06% 0.06%
SMP B 0.1% 0.12% 0.1%
SPNS F 0.1% 0.05% 0.05%
SPOK C 0.04% 0.07% 0.04%
SR A 0.43% 0.19% 0.19%
SRCE B 0.16% 0.76% 0.16%
SRDX B 0.05% 0.04% 0.04%
STRA C 0.31% 0.05% 0.05%
SXC A 0.13% 0.11% 0.11%
SXI B 0.31% 0.09% 0.09%
SXT B 0.42% 0.16% 0.16%
SYBT B 0.13% 1.13% 0.13%
TGNA B 0.45% 0.13% 0.13%
TMP B 0.13% 0.63% 0.13%
TNC D 0.24% 0.07% 0.07%
TRST B 0.09% 0.44% 0.09%
UFPT B 0.24% 0.11% 0.11%
UHT D 0.06% 0.11% 0.06%
UNF B 0.34% 0.13% 0.13%
USNA C 0.07% 0.04% 0.04%
VLGEA B 0.05% 0.17% 0.05%
VPG D 0.03% 0.04% 0.03%
VSH D 0.23% 0.05% 0.05%
WDFC B 0.58% 0.1% 0.1%
WERN C 0.41% 0.14% 0.14%
WEYS C 0.03% 0.07% 0.03%
WK B 0.47% 0.05% 0.05%
ZIP F 0.09% 0.04% 0.04%
FLQS Overweight 301 Positions Relative to SMLV
Symbol Grade Weight
SFM A 1.67%
MLI C 1.32%
AIT A 1.3%
JXN C 1.0%
UFPI B 0.99%
SPSC C 0.87%
KTB B 0.84%
CMC B 0.83%
ESNT D 0.8%
WTS B 0.8%
QLYS C 0.79%
ANF C 0.78%
RMBS C 0.75%
BCC B 0.73%
IBP D 0.69%
SWX B 0.68%
MATX C 0.66%
SIGI C 0.65%
KFY B 0.64%
LRN A 0.64%
GMS B 0.61%
CEIX A 0.6%
MGY A 0.59%
BCO D 0.58%
SIG B 0.58%
NSIT F 0.56%
BDC B 0.56%
SKT B 0.55%
IDCC B 0.55%
ASB B 0.5%
LANC C 0.45%
MHO D 0.45%
TDS B 0.45%
NOG A 0.45%
ASO F 0.45%
BXMT C 0.44%
AWR B 0.44%
ATKR C 0.42%
CRVL A 0.42%
ATGE B 0.42%
AEO F 0.42%
GNW A 0.41%
NMIH D 0.4%
CAKE C 0.4%
GEO B 0.4%
OTTR C 0.39%
CWT D 0.39%
EPRT B 0.38%
AVA A 0.38%
VRNS D 0.37%
HIMS C 0.37%
IPAR B 0.37%
BTU B 0.37%
SLVM B 0.36%
YELP C 0.36%
IIPR D 0.36%
NSP D 0.35%
GOLF B 0.35%
PATK D 0.35%
CARG C 0.35%
LCII C 0.35%
PBF D 0.34%
CVBF A 0.34%
AMR C 0.33%
TNET D 0.33%
CPRX C 0.32%
STNG F 0.3%
ENVA B 0.3%
VCTR B 0.27%
REZI A 0.27%
ACLS F 0.27%
ENR B 0.26%
EXTR B 0.26%
UPBD B 0.26%
MCY A 0.25%
FL F 0.24%
SBH C 0.24%
BKE B 0.24%
IESC B 0.24%
ROIC A 0.24%
OPCH D 0.24%
MLKN D 0.23%
HEES B 0.23%
CENTA C 0.23%
WWW B 0.22%
SJW D 0.22%
EPC D 0.21%
CMPR D 0.21%
CALX D 0.2%
APAM B 0.2%
UVV B 0.19%
RVLV B 0.19%
DFIN D 0.19%
BLMN F 0.19%
INSW F 0.19%
SONO C 0.19%
GFF A 0.19%
NSSC D 0.18%
WMK C 0.18%
INMD C 0.18%
MD B 0.18%
VCEL B 0.18%
HOPE B 0.18%
SCS C 0.17%
NVEE F 0.17%
AAT B 0.17%
YOU D 0.17%
FIZZ C 0.17%
AGYS A 0.17%
HLIT D 0.16%
GIII D 0.16%
MCRI A 0.16%
CRAI B 0.16%
IMKTA C 0.15%
UNFI A 0.15%
ACT D 0.15%
PDM D 0.15%
DLX B 0.15%
CAL D 0.15%
PFBC B 0.14%
MDXG B 0.14%
OCFC B 0.14%
DXPE B 0.13%
XPEL C 0.13%
EMBC C 0.13%
ODP F 0.13%
SAH A 0.13%
UTL B 0.12%
CWH B 0.12%
UPWK B 0.12%
CRGY B 0.12%
PRO C 0.11%
IDT B 0.11%
CNXN C 0.11%
FWRD D 0.11%
IMXI B 0.11%
FIGS F 0.1%
AESI B 0.1%
TILE B 0.1%
YEXT A 0.1%
DHT F 0.1%
SSTK F 0.1%
SPTN D 0.1%
EGBN B 0.1%
REVG B 0.1%
UTI A 0.1%
JACK D 0.1%
OSPN A 0.09%
CMRE C 0.09%
THR B 0.09%
WNC C 0.09%
GOGL F 0.09%
TRTX B 0.08%
SWBI C 0.08%
LQDT B 0.08%
SCVL F 0.08%
RYI C 0.08%
VITL D 0.07%
NRDS C 0.07%
TPB B 0.07%
WRLD C 0.07%
PTLO F 0.07%
SMBC B 0.07%
EGY D 0.07%
YORW D 0.07%
BBW B 0.07%
CVI F 0.07%
ACCO C 0.07%
MYE F 0.06%
FFIC B 0.06%
LOVE B 0.06%
HVT D 0.06%
CPF A 0.06%
CYH F 0.06%
PGRE F 0.06%
LPG F 0.06%
KELYA F 0.06%
FOR F 0.06%
HY D 0.06%
ASC F 0.06%
FC F 0.06%
BDN C 0.06%
CCSI C 0.06%
GIC D 0.06%
AXGN D 0.06%
RUSHB B 0.06%
LYTS B 0.06%
NUS D 0.06%
COLL F 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%
LXFR C 0.05%
TCMD A 0.05%
OOMA B 0.05%
CCRN F 0.05%
MCW B 0.05%
DJCO B 0.05%
LINC B 0.05%
BASE C 0.05%
CFB 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%
ORGO B 0.04%
VNDA C 0.04%
TITN C 0.04%
NAT F 0.04%
ODC C 0.04%
TMCI D 0.04%
PLPC B 0.04%
NECB B 0.04%
REPX A 0.04%
SIGA F 0.04%
CDXC B 0.03%
KRT A 0.03%
YMAB F 0.03%
FLWS F 0.03%
TTSH D 0.03%
OFLX D 0.03%
PFMT D 0.03%
MED F 0.03%
ALX D 0.03%
OLP B 0.03%
TH C 0.03%
IMMR C 0.03%
LILA D 0.03%
NATH C 0.03%
EVER F 0.03%
PBPB C 0.03%
BWMN C 0.03%
PKBK A 0.03%
SMLR B 0.03%
RMAX C 0.03%
IBTA C 0.03%
GRNT B 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%
REFI A 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%
DXLG F 0.02%
CHMG B 0.02%
HOFT C 0.02%
ESSA B 0.02%
DBI F 0.02%
ZYXI D 0.02%
EPM A 0.02%
CIO D 0.02%
MG D 0.02%
REAL A 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%
BSVN B 0.01%
EGAN C 0.01%
VRA F 0.01%
GAMB A 0.01%
JILL C 0.01%
FLQS Underweight 243 Positions Relative to SMLV
Symbol Grade Weight
CBU B -1.65%
THG A -1.63%
NNI D -1.56%
VIRT B -1.49%
ONB B -1.44%
FFIN B -1.19%
NBHC B -1.15%
ESGR B -1.12%
SASR B -1.09%
EFSC B -1.08%
HMN B -1.08%
IBOC A -1.07%
TOWN B -1.06%
GBCI B -1.02%
FCF A -1.02%
TRMK B -1.0%
FULT A -0.98%
QCRH A -0.97%
NIC B -0.96%
BUSE B -0.96%
WABC B -0.95%
WAFD B -0.93%
STBA B -0.91%
WSBC B -0.89%
EIG B -0.86%
SFNC B -0.85%
AGM C -0.83%
RDN C -0.82%
LKFN B -0.81%
SAFT C -0.79%
AMSF B -0.73%
WU D -0.71%
FBMS B -0.68%
CTBI B -0.68%
SBSI B -0.67%
OBK B -0.65%
EVTC B -0.65%
EQC B -0.64%
PAX B -0.61%
OKLO B -0.61%
BFC B -0.6%
HFWA B -0.59%
UVSP B -0.59%
FMBH B -0.57%
CFFN B -0.56%
BHRB B -0.56%
NFG A -0.48%
CAC B -0.44%
MCBS B -0.4%
TRIN A -0.4%
AGX B -0.38%
AROW B -0.37%
GSBC B -0.37%
CCNE B -0.37%
THFF B -0.36%
HTBI B -0.35%
ESQ A -0.34%
HONE B -0.34%
BHB B -0.34%
CCBG B -0.33%
SMBK B -0.33%
MPB B -0.31%
SPFI B -0.3%
DHIL A -0.3%
HIFS B -0.29%
BSRR B -0.28%
ORRF B -0.27%
FMAO B -0.27%
ALRS D -0.27%
IDA A -0.26%
FLO D -0.26%
ACNB B -0.25%
FSBC B -0.24%
GLRE B -0.24%
EBTC B -0.23%
WTBA B -0.23%
BWB B -0.21%
BKH A -0.21%
FSBW B -0.2%
SLGN A -0.2%
CPK A -0.2%
PECO A -0.2%
ARTNA D -0.19%
SBR B -0.19%
FNLC B -0.18%
FRST B -0.17%
GTY B -0.17%
PSTL D -0.16%
DEA D -0.16%
CBNK B -0.16%
WSBF C -0.16%
CTO B -0.15%
WT B -0.15%
TRS B -0.14%
ROAD A -0.14%
HSTM B -0.14%
BRC D -0.14%
TRC F -0.14%
ACA A -0.13%
GOOD B -0.13%
LXP D -0.13%
GATX A -0.13%
VMI B -0.13%
GENC B -0.13%
SNDR B -0.13%
BCAL B -0.13%
CSR B -0.13%
ADMA B -0.13%
ARKO C -0.13%
PINC B -0.12%
NHI D -0.12%
COLM B -0.12%
CBZ B -0.12%
UTMD F -0.12%
PKE B -0.12%
RNGR B -0.11%
GHC C -0.11%
SCL C -0.11%
NTST D -0.11%
WEN D -0.1%
MSGS A -0.1%
LNN B -0.1%
IRT A -0.1%
KW B -0.1%
DEI B -0.1%
NCNO B -0.1%
CUZ B -0.1%
HIW D -0.1%
HUBG A -0.1%
NOMD D -0.09%
GLDD B -0.09%
WINA B -0.09%
DNB B -0.09%
RDWR B -0.09%
BFS C -0.09%
ADUS D -0.09%
CCOI B -0.09%
AFCG D -0.09%
ICUI D -0.09%
APLE B -0.08%
AVT C -0.08%
PCH D -0.08%
JBGS D -0.08%
MRCY B -0.08%
AHH D -0.08%
ABM B -0.08%
TTMI B -0.08%
INSM C -0.08%
GMRE F -0.08%
MTX B -0.08%
OMCL C -0.08%
FPI B -0.08%
PBT C -0.08%
LOPE B -0.08%
ASH D -0.08%
VIAV B -0.07%
KN B -0.07%
ENS D -0.07%
CNNE B -0.07%
MGIC F -0.07%
SANM B -0.07%
TRNS D -0.07%
ITGR B -0.07%
PLOW D -0.07%
SUPN C -0.07%
AZZ B -0.07%
CTS C -0.07%
JBT B -0.07%
LAUR A -0.07%
ECVT C -0.06%
SEM B -0.06%
CMCO B -0.06%
RDNT B -0.06%
HAE C -0.06%
GPRK C -0.06%
FUL F -0.06%
OFIX B -0.06%
MYRG B -0.06%
ITRN B -0.06%
ENV B -0.06%
CXT B -0.06%
CVCO A -0.06%
PRGO B -0.06%
AGIO C -0.06%
CABO C -0.06%
SATS D -0.06%
CSV B -0.06%
VAL D -0.06%
MTRN C -0.05%
AMED F -0.05%
POWI D -0.05%
ATEX D -0.05%
ASGN F -0.05%
TTGT C -0.05%
LIVN F -0.05%
MEI D -0.05%
XNCR B -0.05%
CRI D -0.05%
SPB C -0.05%
HUN F -0.05%
ATNI F -0.05%
IRDM D -0.05%
DK C -0.05%
NVST B -0.05%
GKOS B -0.05%
AEIS B -0.05%
MLAB D -0.05%
AIN C -0.05%
AVNS F -0.05%
BL B -0.05%
TPH D -0.05%
SCSC B -0.05%
CEVA B -0.05%
ZD B -0.05%
SHEN F -0.04%
TBPH C -0.04%
THRM D -0.04%
ALRM C -0.04%
ANIP F -0.04%
KIDS D -0.04%
NEOG F -0.04%
FORM D -0.04%
USPH B -0.04%
IPGP D -0.04%
VRNT C -0.04%
BOWL C -0.04%
AMPH D -0.04%
IART C -0.04%
PTCT B -0.04%
ANIK F -0.03%
RARE D -0.03%
OGN D -0.03%
JBI F -0.03%
PCRX C -0.03%
HLF C -0.03%
VECO F -0.03%
ARCO F -0.03%
CNXC F -0.03%
LEG F -0.03%
VREX C -0.03%
AZTA D -0.02%
AAP C -0.02%
IMTX F -0.02%
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