FLQS vs. USVM ETF Comparison

Comparison of Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) to VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM)

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

$41.64

Average Daily Volume

4,121

Number of Holdings ^*

466

* may have additional holdings in another (foreign) market

USVM

VictoryShares USAA MSCI USA Small Cap Value Momentum ETF

USVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Small Cap Select Value Momentum Blend Index. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is designed to deliver exposure to equity securities of small-capitalization U.S. issuers within the MSCI USA Small Cap Index (the parent index) that have higher exposure to value and momentum factors while also maintaining moderate index turnover and lower realized volatility than traditional capitalization weighted indexes.

Grade (RS Rating)

Last Trade

$83.40

Average Daily Volume

13,568

Number of Holdings ^*

275

* may have additional holdings in another (foreign) market

Performance

Period	FLQS	USVM
30 Days	1.76%	2.20%
60 Days	1.93%	2.95%
90 Days	8.54%	8.37%
12 Months	20.83%	26.99%

70 Overlapping Holdings

Symbol	Grade	Weight in FLQS	Weight in USVM	Overlap
AEO	D	0.49%	0.25%	0.25%
AMR	F	0.28%	0.13%	0.13%
ANF	D	0.79%	0.17%	0.17%
ARCH	F	0.3%	0.22%	0.22%
AROC	C	0.3%	0.35%	0.3%
ASB	D	0.44%	0.38%	0.38%
BCC	C	0.68%	0.28%	0.28%
BTU	D	0.32%	0.29%	0.29%
CAL	F	0.21%	0.31%	0.21%
CALM	B	0.43%	0.42%	0.42%
CMC	D	0.75%	0.35%	0.35%
CNO	B	0.26%	0.58%	0.26%
COLL	B	0.09%	0.32%	0.09%
CRC	C	0.49%	0.34%	0.34%
CSWI	B	0.7%	0.59%	0.59%
CVLT	B	1.13%	0.65%	0.65%
ESNT	B	0.97%	0.62%	0.62%
FSS	D	0.35%	0.39%	0.35%
GEF	D	0.05%	0.48%	0.05%
GEF	D	0.23%	0.48%	0.23%
GEO	F	0.22%	0.28%	0.22%
GFF	C	0.18%	0.31%	0.18%
GIII	C	0.18%	0.31%	0.18%
GMS	C	0.55%	0.4%	0.4%
GNW	B	0.4%	0.41%	0.4%
GPI	B	0.7%	0.39%	0.39%
GPOR	C	0.21%	0.35%	0.21%
HCC	F	0.37%	0.22%	0.22%
HNI	B	0.39%	0.49%	0.39%
IBP	C	0.76%	0.28%	0.28%
IDCC	B	0.43%	0.49%	0.43%
IESC	C	0.15%	0.24%	0.15%
IIPR	B	0.46%	0.4%	0.4%
INSW	D	0.25%	0.29%	0.25%
INVA	B	0.17%	0.63%	0.17%
JXN	B	0.87%	0.37%	0.37%
LPG	F	0.09%	0.17%	0.09%
LRN	B	0.53%	0.4%	0.4%
MATX	C	0.58%	0.38%	0.38%
MHO	B	0.49%	0.37%	0.37%
MLI	B	1.07%	0.47%	0.47%
MOG.A	B	0.69%	0.45%	0.45%
NSIT	C	0.81%	0.46%	0.46%
NTCT	D	0.17%	0.28%	0.17%
ODP	F	0.16%	0.24%	0.16%
PATK	B	0.37%	0.42%	0.37%
PBF	F	0.38%	0.21%	0.21%
PBH	B	0.55%	0.56%	0.55%
PLUS	B	0.37%	0.4%	0.37%
PRIM	C	0.18%	0.33%	0.18%
REVG	C	0.1%	0.25%	0.1%
RUSHA	C	0.42%	0.39%	0.39%
RYI	F	0.07%	0.21%	0.07%
SAH	D	0.13%	0.24%	0.13%
SCS	B	0.18%	0.28%	0.18%
SFM	B	1.29%	0.49%	0.49%
SIG	C	0.5%	0.18%	0.18%
SKT	B	0.51%	0.49%	0.49%
SLVM	B	0.34%	0.28%	0.28%
SWX	C	0.65%	0.42%	0.42%
TDS	C	0.36%	0.2%	0.2%
TGNA	C	0.39%	0.41%	0.39%
TNC	D	0.28%	0.41%	0.28%
UFPI	C	0.94%	0.35%	0.35%
UFPT	C	0.3%	0.26%	0.26%
UVV	D	0.19%	0.39%	0.19%
VCEL	D	0.17%	0.23%	0.17%
VCTR	B	0.23%	0.4%	0.23%
VRNS	C	0.41%	0.44%	0.41%
VSH	D	0.3%	0.32%	0.3%

FLQS Overweight 396 Positions Relative to USVM

Symbol	Grade	Weight
AIT	C	1.04%
SPSC	D	1.01%
BMI	B	0.88%
EXPO	B	0.83%
WTS	C	0.79%
QLYS	F	0.73%
KTB	B	0.73%
ALKS	C	0.72%
MMSI	B	0.72%
BCO	B	0.72%
FELE	C	0.68%
SIGI	C	0.65%
BOX	B	0.65%
KFY	B	0.64%
HOMB	B	0.62%
RMBS	F	0.61%
WDFC	B	0.59%
CTRE	B	0.58%
ASO	C	0.56%
MGY	C	0.55%
FTDR	B	0.54%
PNM	B	0.53%
BDC	B	0.52%
KAI	C	0.52%
SHOO	B	0.52%
BLKB	B	0.5%
BXMT	C	0.48%
LANC	D	0.48%
NWE	A	0.47%
CEIX	D	0.47%
BNL	B	0.47%
ICFI	C	0.47%
SR	B	0.46%
CWT	C	0.46%
AWR	B	0.46%
NMIH	B	0.46%
NSP	D	0.45%
MGEE	B	0.44%
SXT	C	0.44%
CORT	B	0.44%
ATKR	F	0.43%
WERN	D	0.41%
WK	D	0.41%
AVA	B	0.41%
ESE	B	0.41%
NOG	D	0.41%
OTTR	D	0.41%
EPRT	A	0.4%
FCPT	A	0.4%
SQSP	A	0.4%
STNG	D	0.4%
MWA	C	0.4%
ACLS	F	0.4%
TNET	D	0.39%
OPCH	C	0.39%
CRVL	B	0.38%
IPAR	D	0.38%
IOSP	D	0.38%
YELP	F	0.37%
ACIW	B	0.37%
LCII	C	0.37%
GOLF	F	0.36%
ATGE	D	0.36%
NARI	F	0.35%
MGRC	F	0.35%
PRGS	C	0.35%
CAKE	C	0.34%
UNF	B	0.34%
PLXS	B	0.34%
CPRX	B	0.33%
OSIS	C	0.33%
STRA	D	0.33%
VGR	C	0.33%
JJSF	C	0.32%
CNMD	D	0.32%
PSMT	B	0.32%
NBTB	D	0.3%
FL	D	0.29%
PDCO	F	0.29%
CARG	B	0.29%
AMN	F	0.28%
SXI	C	0.28%
MLKN	D	0.28%
PRMW	A	0.28%
CVBF	C	0.28%
LZB	C	0.27%
BLMN	F	0.27%
ACAD	F	0.27%
HIMS	D	0.27%
SJW	C	0.26%
CALX	D	0.26%
CENTA	D	0.26%
PRDO	D	0.26%
LMAT	B	0.25%
HI	F	0.25%
CMPR	F	0.25%
ENVA	C	0.25%
EXTR	C	0.25%
NHC	D	0.24%
EPC	F	0.24%
ALG	D	0.24%
ENR	F	0.24%
NWBI	C	0.23%
DFIN	B	0.23%
SBH	B	0.23%
ROIC	B	0.23%
BKE	B	0.23%
CSGS	C	0.23%
HWKN	B	0.23%
PZZA	D	0.23%
KFRC	D	0.22%
MCY	C	0.22%
CHCO	B	0.22%
YOU	B	0.22%
REZI	D	0.21%
LTC	B	0.21%
OXM	D	0.21%
SFL	D	0.2%
PJT	B	0.2%
NWN	B	0.2%
DORM	B	0.2%
NVEE	F	0.19%
APAM	C	0.19%
HURN	C	0.19%
HEES	D	0.19%
WMK	C	0.19%
SONO	F	0.19%
HLIT	C	0.19%
NSSC	F	0.19%
AAT	B	0.18%
FIZZ	D	0.18%
HOPE	B	0.18%
PDM	B	0.17%
ATEN	C	0.17%
PRK	C	0.17%
ACT	A	0.17%
HELE	D	0.17%
ATRC	C	0.17%
INMD	D	0.17%
EPAC	B	0.16%
SRCE	C	0.16%
CBRL	D	0.16%
AGYS	D	0.16%
GABC	C	0.16%
MCRI	B	0.16%
IMKTA	D	0.16%
PEBO	C	0.15%
MD	C	0.15%
TNK	D	0.15%
WWW	B	0.15%
APOG	B	0.15%
CRAI	C	0.15%
EMBC	C	0.15%
BBSI	B	0.14%
RVLV	B	0.14%
HRMY	B	0.14%
XPEL	D	0.14%
MRTN	D	0.14%
SPNS	D	0.14%
CWH	C	0.13%
SSTK	F	0.13%
PFBC	C	0.13%
BRKL	C	0.13%
JBSS	D	0.13%
SPTN	C	0.13%
HSII	C	0.13%
DLX	D	0.13%
OCFC	B	0.13%
ETH	D	0.12%
CNXN	B	0.12%
FWRD	C	0.12%
UTL	B	0.12%
BLX	C	0.12%
HCKT	B	0.11%
MNRO	D	0.11%
SYBT	B	0.11%
UNFI	C	0.11%
TMP	C	0.11%
JACK	F	0.11%
CHUY	B	0.11%
SMP	C	0.11%
IMXI	D	0.11%
SCHL	D	0.11%
FIGS	F	0.11%
DXPE	C	0.1%
GOGL	D	0.1%
EBF	B	0.1%
AESI	C	0.1%
BHE	C	0.1%
ZIP	D	0.1%
RGR	F	0.1%
WNC	F	0.1%
CRGY	D	0.1%
GRC	D	0.1%
MDXG	F	0.1%
DHT	C	0.1%
SCVL	B	0.1%
CMRE	D	0.09%
OSPN	B	0.09%
MATW	F	0.09%
YEXT	C	0.09%
KREF	B	0.09%
THR	D	0.09%
SXC	F	0.09%
HTLD	D	0.09%
PRO	F	0.09%
LILAK	D	0.09%
MLR	D	0.09%
CVI	F	0.09%
KELYA	D	0.09%
CYH	B	0.09%
ASC	D	0.09%
UTI	D	0.09%
VITL	D	0.08%
MYE	D	0.08%
IRWD	F	0.08%
UHT	B	0.08%
SWBI	D	0.08%
GIC	D	0.08%
UPWK	D	0.08%
EGBN	C	0.08%
TRTX	C	0.08%
EGY	D	0.08%
PTLO	C	0.08%
TRST	C	0.08%
IDT	C	0.08%
YORW	D	0.08%
NRDS	D	0.07%
USNA	F	0.07%
PGRE	C	0.07%
NFBK	C	0.07%
FMNB	B	0.07%
PAHC	B	0.07%
BBW	C	0.07%
WRLD	D	0.07%
HVT	D	0.07%
FOR	C	0.07%
SMBC	C	0.07%
AXGN	B	0.07%
FC	C	0.07%
CASS	D	0.07%
HY	D	0.07%
ACCO	C	0.07%
CCRN	F	0.07%
TILE	B	0.07%
LQDT	B	0.07%
CENT	D	0.06%
NRC	F	0.06%
RGP	F	0.06%
CFB	C	0.06%
CCSI	C	0.06%
RUSHB	C	0.06%
RMR	C	0.06%
IRMD	B	0.06%
SRDX	D	0.06%
SIGA	D	0.06%
CHCT	F	0.06%
NUS	F	0.06%
BDN	B	0.06%
TCMD	C	0.05%
BV	B	0.05%
LILA	C	0.05%
CMTG	F	0.05%
FFIC	C	0.05%
HTBK	C	0.05%
DJCO	B	0.05%
TPB	C	0.05%
FBIZ	B	0.05%
MOV	F	0.05%
FCBC	B	0.05%
ENFN	D	0.05%
AMSWA	C	0.05%
NAT	D	0.05%
NPK	C	0.05%
NVEC	D	0.05%
CPF	B	0.05%
VLGEA	B	0.05%
LYTS	C	0.05%
ALX	B	0.04%
YMAB	C	0.04%
IMMR	D	0.04%
HBCP	B	0.04%
NECB	B	0.04%
AVNW	F	0.04%
SEMR	C	0.04%
RMAX	C	0.04%
AMCX	F	0.04%
MITK	F	0.04%
PKST	C	0.04%
TITN	F	0.04%
PLPC	F	0.04%
PFMT	B	0.04%
TH	D	0.04%
EVER	D	0.04%
GNTY	B	0.04%
SB	D	0.04%
RM	B	0.04%
SPOK	C	0.04%
OOMA	C	0.04%
VPG	F	0.04%
LINC	D	0.04%
MCW	F	0.04%
FLIC	B	0.04%
MCFT	D	0.04%
ULH	C	0.04%
BMRC	C	0.04%
LXFR	C	0.04%
ODC	D	0.04%
VNDA	D	0.04%
NGVC	B	0.04%
PFIS	C	0.04%
LOVE	C	0.04%
GCO	D	0.04%
BASE	F	0.04%
ORGO	D	0.03%
FLWS	F	0.03%
PBPB	D	0.03%
IBTA	D	0.03%
TTSH	D	0.03%
OLP	B	0.03%
PKBK	B	0.03%
RCKY	D	0.03%
CMPO	B	0.03%
WEYS	B	0.03%
GCMG	B	0.03%
OFLX	D	0.03%
NATH	B	0.03%
METC	F	0.03%
DBI	F	0.03%
RLGT	C	0.03%
MED	F	0.03%
MG	C	0.03%
BWMN	F	0.03%
CIO	B	0.03%
TMCI	F	0.03%
REPX	D	0.03%
GRNT	D	0.03%
MPX	D	0.02%
VRA	F	0.02%
FORR	D	0.02%
EGAN	F	0.02%
REAL	D	0.02%
PTSI	D	0.02%
APEI	D	0.02%
RMNI	F	0.02%
NREF	B	0.02%
III	D	0.02%
BTMD	F	0.02%
HBB	B	0.02%
MYPS	F	0.02%
ESCA	D	0.02%
REFI	B	0.02%
RELL	C	0.02%
SMLR	F	0.02%
JILL	F	0.02%
EPM	C	0.02%
HOFT	D	0.02%
GWRS	B	0.02%
CHMG	C	0.02%
SNBR	C	0.02%
DXLG	F	0.02%
CZNC	C	0.02%
ESSA	C	0.02%
IBEX	B	0.02%
JYNT	F	0.02%
KRT	D	0.02%
JAKK	C	0.02%
KRNY	C	0.02%
NATR	F	0.02%
JOUT	D	0.02%
ZYXI	F	0.02%
MAPS	F	0.01%
LCUT	F	0.01%
CIX	C	0.01%
PBYI	F	0.01%
NTIC	F	0.01%
LWAY	C	0.01%
METCB	F	0.01%
NL	C	0.01%
FENC	F	0.01%
STKS	F	0.01%
CURV	F	0.01%
CPSS	C	0.01%
VIRC	D	0.01%
FSTR	F	0.01%
BSVN	B	0.01%
SEVN	B	0.01%
HBIO	F	0.01%
CDXC	C	0.01%
QIPT	F	0.01%
CMT	C	0.01%
GAMB	C	0.01%
FLXS	B	0.01%
GPMT	D	0.01%
INFU	F	0.01%
SGC	F	0.01%

FLQS Underweight 206 Positions Relative to USVM

Symbol	Grade	Weight
INGR	A	-0.75%
DTM	B	-0.71%
ENSG	C	-0.7%
GBDC	C	-0.7%
NHI	A	-0.66%
CACI	B	-0.65%
PSN	B	-0.65%
GWRE	A	-0.64%
FFIV	A	-0.64%
MTG	B	-0.63%
EHC	B	-0.62%
JEF	B	-0.61%
MUSA	C	-0.6%
SBRA	B	-0.6%
POST	C	-0.6%
MDU	B	-0.58%
UHS	B	-0.58%
RGA	B	-0.57%
HRB	C	-0.56%
AKR	C	-0.56%
AIZ	B	-0.56%
SF	A	-0.54%
PINC	C	-0.54%
UTHR	C	-0.54%
CLH	B	-0.51%
RDN	B	-0.51%
TAP	C	-0.5%
UNM	B	-0.5%
SNDR	B	-0.49%
ESGR	D	-0.49%
HSIC	C	-0.49%
COOP	B	-0.49%
ARW	C	-0.49%
AGO	C	-0.48%
BPOP	C	-0.48%
GHC	C	-0.48%
GRBK	B	-0.47%
EXEL	B	-0.47%
AVT	D	-0.47%
TXRH	D	-0.46%
CNX	A	-0.46%
SNX	D	-0.46%
COKE	C	-0.46%
EXP	B	-0.45%
R	B	-0.45%
ALSN	B	-0.44%
JLL	B	-0.43%
RLJ	D	-0.43%
SAIC	C	-0.43%
STC	B	-0.43%
MHK	B	-0.42%
AYI	B	-0.41%
NAVI	C	-0.41%
BIO	C	-0.41%
EME	B	-0.41%
ADMA	B	-0.41%
H	C	-0.41%
CUZ	B	-0.41%
PFSI	B	-0.41%
SLM	C	-0.4%
TMHC	B	-0.39%
HQY	C	-0.39%
ESAB	C	-0.39%
AL	D	-0.38%
APG	D	-0.38%
KBH	B	-0.38%
NRG	C	-0.38%
SPB	B	-0.38%
TPH	C	-0.38%
OMF	C	-0.37%
TOL	B	-0.37%
CACC	D	-0.37%
ARI	F	-0.37%
DXC	C	-0.37%
VNT	D	-0.37%
CHRD	F	-0.36%
SKX	C	-0.36%
ESRT	B	-0.36%
WING	B	-0.36%
JBGS	B	-0.36%
QRVO	F	-0.36%
SKYW	C	-0.36%
BECN	D	-0.35%
NMRK	B	-0.35%
HIW	B	-0.35%
ITGR	B	-0.35%
CHK	D	-0.35%
IVZ	C	-0.35%
ROAD	B	-0.35%
RL	B	-0.34%
ENOV	F	-0.34%
IAC	C	-0.34%
CCS	B	-0.34%
AN	D	-0.33%
MTH	B	-0.33%
MTSI	D	-0.33%
PHIN	B	-0.33%
SEM	D	-0.33%
THC	B	-0.33%
CXW	F	-0.32%
WGO	D	-0.32%
DVA	B	-0.32%
QTWO	B	-0.32%
DINO	D	-0.32%
OVV	D	-0.31%
FYBR	C	-0.31%
BHF	D	-0.31%
AZZ	C	-0.31%
THO	D	-0.31%
CRL	D	-0.31%
UGI	C	-0.31%
PRGO	D	-0.31%
RDNT	B	-0.3%
PR	D	-0.3%
COHR	B	-0.3%
AZTA	D	-0.3%
LPX	B	-0.3%
AMWD	C	-0.3%
VSTO	B	-0.3%
NXST	D	-0.3%
ANDE	D	-0.3%
TTMI	D	-0.29%
ABG	F	-0.29%
CWEN	B	-0.29%
MOS	F	-0.28%
CNM	F	-0.28%
VNO	B	-0.28%
NTRA	B	-0.28%
FIX	B	-0.28%
PK	D	-0.28%
PEB	D	-0.28%
GKOS	D	-0.27%
BZH	B	-0.27%
LNC	D	-0.27%
IDYA	F	-0.27%
UAA	C	-0.27%
AMKR	F	-0.27%
ALLY	F	-0.27%
CUBI	F	-0.27%
DKS	D	-0.27%
KRC	B	-0.27%
SM	D	-0.27%
CIVI	F	-0.27%
NATL	D	-0.26%
BLD	D	-0.26%
LEVI	C	-0.26%
ATSG	D	-0.26%
XPO	D	-0.25%
HE	F	-0.25%
WSM	C	-0.25%
SLG	B	-0.25%
MAC	B	-0.25%
GBX	C	-0.25%
OGN	D	-0.24%
VECO	F	-0.24%
WOR	F	-0.24%
FWRG	F	-0.24%
MSGE	B	-0.23%
MOD	C	-0.23%
SANM	D	-0.23%
INFA	D	-0.23%
MEDP	D	-0.23%
DFH	C	-0.22%
ONTO	F	-0.22%
DDS	D	-0.22%
UCTT	F	-0.21%
STRL	B	-0.21%
RAMP	F	-0.21%
GES	F	-0.21%
FTRE	F	-0.21%
PVH	F	-0.21%
XRX	F	-0.2%
ALGT	F	-0.2%
APP	B	-0.2%
CVNA	B	-0.19%
ELAN	D	-0.19%
FORM	F	-0.19%
RXST	C	-0.19%
VSTS	D	-0.19%
CLF	F	-0.19%
GT	F	-0.19%
JBLU	D	-0.18%
SMTC	C	-0.18%
JELD	D	-0.18%
USM	C	-0.18%
PLAB	F	-0.18%
KSS	F	-0.17%
M	F	-0.17%
SATS	B	-0.16%
VIR	F	-0.16%
HPP	D	-0.16%
DYN	D	-0.15%
OSCR	B	-0.15%
PARA	F	-0.15%
OMI	D	-0.15%
VERA	C	-0.14%
POWL	C	-0.13%
VKTX	C	-0.13%
MPW	C	-0.13%
CAR	F	-0.12%
GAP	F	-0.12%
CENX	D	-0.12%
MSTR	D	-0.12%
HTZ	D	-0.1%
CHGG	F	-0.09%
CLSK	F	-0.08%