FLQS vs. XSHQ ETF Comparison

Comparison of Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) to PowerShares S&P SmallCap Quality Portfolio (XSHQ)

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

$41.27

Average Daily Volume

4,105

Number of Holdings ^*

466

* may have additional holdings in another (foreign) market

XSHQ

PowerShares S&P SmallCap Quality Portfolio

XSHQ Description

The PowerShares S&P SmallCap Quality Portfolio (the "Fund") is based on the S&P SmallCap 600 Quality Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of 120 securities in the S&P SmallCap 600 Index that have the highest quality score, which is calculated based on the average of three fundamental measures: return on equity, accruals ratio and financial leverage ratio. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of June and December.

Grade (RS Rating)

Last Trade

$41.86

Average Daily Volume

90,232

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	FLQS	XSHQ
30 Days	1.64%	4.57%
60 Days	0.30%	1.01%
90 Days	6.86%	7.48%
12 Months	19.17%	17.54%

66 Overlapping Holdings

Symbol	Grade	Weight in FLQS	Weight in XSHQ	Overlap
AEO	F	0.49%	1.18%	0.49%
AGYS	D	0.16%	1.05%	0.16%
ALKS	C	0.72%	2.0%	0.72%
AMR	F	0.28%	1.03%	0.28%
APAM	C	0.19%	2.03%	0.19%
APOG	C	0.15%	0.6%	0.15%
ARCH	D	0.3%	0.9%	0.3%
ASO	C	0.56%	1.49%	0.56%
ATEN	C	0.17%	0.39%	0.17%
BCC	C	0.68%	1.68%	0.68%
BKE	B	0.23%	0.69%	0.23%
BMI	A	0.88%	2.07%	0.88%
CAL	F	0.21%	0.39%	0.21%
CCRN	F	0.07%	0.2%	0.07%
CEIX	C	0.47%	1.2%	0.47%
CENTA	D	0.26%	0.61%	0.26%
CHCO	B	0.22%	0.53%	0.22%
COLL	C	0.09%	0.53%	0.09%
CORT	B	0.44%	1.39%	0.44%
CRVL	B	0.38%	1.21%	0.38%
CSGS	C	0.23%	0.42%	0.23%
CVI	F	0.09%	0.24%	0.09%
DFIN	B	0.23%	0.69%	0.23%
DORM	B	0.2%	0.96%	0.2%
EPAC	B	0.16%	0.8%	0.16%
FELE	D	0.68%	1.27%	0.68%
FIZZ	F	0.18%	0.47%	0.18%
FSS	D	0.35%	1.71%	0.35%
FTDR	B	0.54%	1.52%	0.54%
GIII	C	0.18%	0.55%	0.18%
GMS	C	0.55%	1.04%	0.55%
HRMY	B	0.14%	0.48%	0.14%
HWKN	C	0.23%	0.62%	0.23%
IBP	C	0.76%	2.02%	0.76%
IDCC	B	0.43%	1.1%	0.43%
IOSP	D	0.38%	0.77%	0.38%
IPAR	D	0.38%	0.64%	0.38%
JBSS	F	0.13%	0.36%	0.13%
JXN	B	0.87%	2.78%	0.87%
KTB	A	0.73%	1.97%	0.73%
LCII	C	0.37%	0.96%	0.37%
LPG	F	0.09%	0.45%	0.09%
LQDT	B	0.07%	0.16%	0.07%
MCRI	C	0.16%	0.36%	0.16%
MCY	C	0.22%	0.48%	0.22%
MHO	B	0.49%	1.55%	0.49%
MLI	B	1.07%	3.65%	1.07%
MNRO	D	0.11%	0.22%	0.11%
NHC	D	0.24%	0.53%	0.24%
NMIH	B	0.46%	1.12%	0.46%
NPK	C	0.05%	0.12%	0.05%
OTTR	D	0.41%	0.98%	0.41%
OXM	D	0.21%	0.44%	0.21%
PATK	A	0.37%	0.9%	0.37%
PDCO	D	0.29%	0.53%	0.29%
PFBC	C	0.13%	0.38%	0.13%
PJT	C	0.2%	1.66%	0.2%
SHOO	B	0.52%	0.96%	0.52%
SIG	C	0.5%	1.54%	0.5%
SXI	D	0.28%	0.57%	0.28%
TILE	B	0.07%	0.34%	0.07%
TNC	D	0.28%	0.64%	0.28%
USNA	F	0.07%	0.12%	0.07%
WDFC	C	0.59%	1.6%	0.59%
WNC	F	0.1%	0.39%	0.1%
YELP	F	0.37%	0.74%	0.37%

FLQS Overweight 400 Positions Relative to XSHQ

Symbol	Grade	Weight
SFM	B	1.29%
CVLT	B	1.13%
AIT	C	1.04%
SPSC	D	1.01%
ESNT	B	0.97%
UFPI	C	0.94%
EXPO	B	0.83%
NSIT	C	0.81%
ANF	D	0.79%
WTS	C	0.79%
CMC	D	0.75%
QLYS	F	0.73%
MMSI	A	0.72%
BCO	B	0.72%
CSWI	B	0.7%
GPI	B	0.7%
MOG.A	B	0.69%
SIGI	C	0.65%
BOX	A	0.65%
SWX	C	0.65%
KFY	B	0.64%
HOMB	C	0.62%
RMBS	F	0.61%
MATX	C	0.58%
CTRE	A	0.58%
PBH	B	0.55%
MGY	D	0.55%
PNM	B	0.53%
LRN	B	0.53%
BDC	B	0.52%
KAI	C	0.52%
SKT	B	0.51%
BLKB	B	0.5%
CRC	C	0.49%
BXMT	C	0.48%
LANC	D	0.48%
NWE	A	0.47%
BNL	A	0.47%
ICFI	B	0.47%
SR	A	0.46%
CWT	A	0.46%
AWR	B	0.46%
IIPR	A	0.46%
NSP	F	0.45%
ASB	D	0.44%
MGEE	A	0.44%
SXT	D	0.44%
CALM	B	0.43%
ATKR	F	0.43%
RUSHA	C	0.42%
WERN	D	0.41%
WK	D	0.41%
AVA	B	0.41%
VRNS	C	0.41%
ESE	C	0.41%
NOG	F	0.41%
EPRT	A	0.4%
FCPT	A	0.4%
GNW	B	0.4%
SQSP	A	0.4%
STNG	D	0.4%
MWA	C	0.4%
ACLS	F	0.4%
TNET	D	0.39%
HNI	C	0.39%
TGNA	C	0.39%
OPCH	C	0.39%
PBF	F	0.38%
PLUS	B	0.37%
ACIW	B	0.37%
HCC	D	0.37%
TDS	B	0.36%
GOLF	D	0.36%
ATGE	D	0.36%
NARI	F	0.35%
MGRC	F	0.35%
PRGS	B	0.35%
SLVM	B	0.34%
CAKE	D	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	D	0.32%
BTU	D	0.32%
CNMD	D	0.32%
PSMT	B	0.32%
AROC	D	0.3%
NBTB	D	0.3%
VSH	F	0.3%
UFPT	C	0.3%
FL	D	0.29%
CARG	B	0.29%
AMN	F	0.28%
MLKN	D	0.28%
PRMW	B	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%
CNO	B	0.26%
PRDO	D	0.26%
LMAT	B	0.25%
HI	F	0.25%
INSW	D	0.25%
CMPR	F	0.25%
ENVA	C	0.25%
EXTR	C	0.25%
EPC	F	0.24%
ALG	D	0.24%
ENR	D	0.24%
NWBI	C	0.23%
GEF	D	0.23%
SBH	C	0.23%
ROIC	B	0.23%
PZZA	D	0.23%
VCTR	B	0.23%
KFRC	F	0.22%
YOU	B	0.22%
GEO	D	0.22%
REZI	D	0.21%
LTC	B	0.21%
GPOR	C	0.21%
SFL	D	0.2%
NWN	B	0.2%
NVEE	F	0.19%
HURN	C	0.19%
HEES	D	0.19%
WMK	C	0.19%
SONO	F	0.19%
UVV	D	0.19%
HLIT	C	0.19%
NSSC	D	0.19%
GFF	C	0.18%
AAT	B	0.18%
SCS	C	0.18%
HOPE	C	0.18%
PRIM	C	0.18%
PDM	B	0.17%
PRK	C	0.17%
VCEL	F	0.17%
NTCT	D	0.17%
INVA	B	0.17%
ACT	A	0.17%
HELE	D	0.17%
ATRC	D	0.17%
INMD	D	0.17%
SRCE	C	0.16%
CBRL	F	0.16%
ODP	F	0.16%
GABC	C	0.16%
IMKTA	D	0.16%
PEBO	C	0.15%
MD	C	0.15%
IESC	C	0.15%
TNK	D	0.15%
WWW	B	0.15%
CRAI	C	0.15%
EMBC	C	0.15%
BBSI	B	0.14%
RVLV	B	0.14%
XPEL	D	0.14%
MRTN	D	0.14%
SPNS	D	0.14%
CWH	C	0.13%
SSTK	F	0.13%
BRKL	C	0.13%
SAH	D	0.13%
SPTN	C	0.13%
HSII	C	0.13%
DLX	D	0.13%
OCFC	B	0.13%
ETH	F	0.12%
CNXN	B	0.12%
FWRD	C	0.12%
UTL	B	0.12%
BLX	C	0.12%
HCKT	C	0.11%
SYBT	C	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%
REVG	D	0.1%
RGR	F	0.1%
CRGY	F	0.1%
GRC	D	0.1%
MDXG	F	0.1%
DHT	C	0.1%
SCVL	C	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	C	0.09%
MLR	D	0.09%
KELYA	D	0.09%
CYH	B	0.09%
ASC	D	0.09%
UTI	D	0.09%
VITL	D	0.08%
MYE	F	0.08%
IRWD	F	0.08%
UHT	B	0.08%
SWBI	D	0.08%
GIC	D	0.08%
UPWK	F	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	C	0.08%
NRDS	D	0.07%
PGRE	C	0.07%
RYI	F	0.07%
NFBK	C	0.07%
FMNB	C	0.07%
PAHC	B	0.07%
BBW	C	0.07%
WRLD	D	0.07%
HVT	D	0.07%
FOR	D	0.07%
SMBC	C	0.07%
AXGN	B	0.07%
FC	D	0.07%
CASS	C	0.07%
HY	D	0.07%
ACCO	C	0.07%
CENT	D	0.06%
NRC	F	0.06%
RGP	D	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	C	0.05%
MOV	F	0.05%
FCBC	B	0.05%
ENFN	D	0.05%
AMSWA	C	0.05%
NAT	D	0.05%
GEF	D	0.05%
NVEC	F	0.05%
CPF	B	0.05%
VLGEA	A	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	D	0.04%
RMAX	C	0.04%
AMCX	F	0.04%
MITK	F	0.04%
PKST	C	0.04%
TITN	F	0.04%
PLPC	D	0.04%
PFMT	B	0.04%
TH	C	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	C	0.04%
MCW	D	0.04%
FLIC	C	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	F	0.04%
BASE	F	0.04%
ORGO	D	0.03%
FLWS	D	0.03%
PBPB	D	0.03%
IBTA	D	0.03%
TTSH	D	0.03%
OLP	A	0.03%
PKBK	A	0.03%
RCKY	C	0.03%
CMPO	B	0.03%
WEYS	B	0.03%
GCMG	B	0.03%
OFLX	D	0.03%
NATH	A	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	F	0.02%
PTSI	D	0.02%
APEI	D	0.02%
RMNI	F	0.02%
NREF	B	0.02%
III	D	0.02%
BTMD	D	0.02%
HBB	B	0.02%
MYPS	F	0.02%
ESCA	F	0.02%
REFI	B	0.02%
RELL	D	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	D	0.02%
KRNY	D	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	C	0.01%
FSTR	D	0.01%
BSVN	C	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	D	0.01%
SGC	D	0.01%

FLQS Underweight 48 Positions Relative to XSHQ

Symbol	Grade	Weight
AWI	C	-2.38%
LNC	D	-1.64%
BCPC	C	-1.59%
RDN	C	-1.51%
JBT	D	-1.49%
SM	F	-1.38%
FBP	D	-1.22%
CNS	A	-1.22%
AGO	C	-1.2%
BRC	B	-1.18%
AX	D	-1.14%
TBBK	B	-1.06%
HP	F	-0.98%
CATY	C	-0.89%
POWL	C	-0.87%
UE	B	-0.86%
PLMR	B	-0.83%
ROCK	D	-0.75%
WOR	F	-0.72%
ASTH	B	-0.71%
OFG	C	-0.68%
CASH	B	-0.68%
KLG	C	-0.64%
ANDE	D	-0.62%
PRG	B	-0.62%
GRBK	B	-0.59%
WABC	D	-0.51%
LKFN	C	-0.51%
BANF	B	-0.49%
STAA	F	-0.47%
PLAB	D	-0.46%
AMWD	C	-0.46%
WS	D	-0.44%
CENX	D	-0.42%
GDEN	D	-0.42%
VRTS	D	-0.41%
DNOW	D	-0.4%
LNN	C	-0.39%
AMSF	C	-0.38%
EIG	B	-0.37%
HCI	C	-0.3%
REX	D	-0.29%
IIIN	D	-0.26%
PCRX	F	-0.19%
SLP	F	-0.16%
GES	F	-0.15%
CLW	F	-0.14%
RES	F	-0.14%