FLSP vs. FTQI ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to First Trust Low Beta Income ETF (FTQI)

FLSP

Franklin Liberty Systematic Style Premia ETF

FLSP Description

The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying alternative investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.

Grade (RS Rating)

Last Trade

$24.47

Average Daily Volume

11,491

Number of Holdings ^*

180

* may have additional holdings in another (foreign) market

FTQI

First Trust Low Beta Income ETF

FTQI Description

The investment seeks to provide current income. The fund will pursue its objective by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of buying U.S. exchange-traded put options on the Standard & Poor's 500(c) Index (the "index") and writing (selling) U.S. exchange-traded covered call options on the index. The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will buy and write will be limited to U.S. exchange-traded securities and options. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.09

Average Daily Volume

108,231

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	FTQI
30 Days	2.04%	3.29%
60 Days	1.79%	5.86%
90 Days	2.75%	7.72%
12 Months	7.68%	21.29%

41 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in FTQI	Overlap
A	F	0.22%	0.37%	0.22%
ABBV	D	0.62%	0.2%	0.2%
ADBE	C	0.42%	1.45%	0.42%
APH	B	0.18%	0.59%	0.18%
APP	A	0.16%	0.3%	0.16%
CHKP	D	0.05%	0.72%	0.05%
CHRW	B	0.06%	0.18%	0.06%
CL	F	0.38%	0.19%	0.19%
CRM	B	0.71%	0.54%	0.54%
DOCU	A	0.08%	0.09%	0.08%
EBAY	D	0.15%	0.17%	0.15%
EXPE	B	0.11%	0.21%	0.11%
FFIV	B	0.07%	0.2%	0.07%
GOOG	B	0.11%	1.89%	0.11%
HOLX	D	0.1%	0.09%	0.09%
INCY	B	0.07%	0.2%	0.07%
INTU	A	0.68%	1.23%	0.68%
LIN	D	0.14%	1.22%	0.14%
MANH	C	0.08%	0.2%	0.08%
META	B	0.46%	4.23%	0.46%
MSFT	C	0.58%	8.04%	0.58%
MSI	B	0.39%	0.2%	0.2%
MTD	F	0.16%	0.13%	0.13%
NBIX	C	0.07%	0.23%	0.07%
NOW	A	0.74%	0.45%	0.45%
NTAP	C	0.13%	0.81%	0.13%
NVDA	A	0.59%	5.3%	0.59%
PH	B	0.22%	0.14%	0.14%
PTC	B	0.11%	0.52%	0.11%
QCOM	F	0.63%	1.23%	0.63%
REG	B	0.07%	0.17%	0.07%
RPRX	F	0.06%	0.13%	0.06%
SSNC	C	0.08%	0.17%	0.08%
STX	D	0.1%	0.4%	0.1%
TROW	B	0.13%	0.11%	0.11%
TYL	B	0.12%	0.4%	0.12%
UTHR	B	0.09%	0.19%	0.09%
V	A	0.59%	0.23%	0.23%
VEEV	B	0.13%	0.13%	0.13%
WAT	B	0.13%	0.14%	0.13%
WMT	A	0.73%	0.38%	0.38%

FLSP Overweight 139 Positions Relative to FTQI

Symbol	Grade	Weight
MA	A	0.8%
BKNG	A	0.75%
AMAT	F	0.72%
T	C	0.63%
MDT	D	0.6%
TJX	B	0.54%
NVS	F	0.53%
UBER	F	0.53%
VRTX	B	0.52%
GILD	B	0.46%
CMCSA	B	0.43%
PYPL	B	0.39%
TMO	F	0.38%
REGN	F	0.38%
ELV	F	0.37%
MMM	D	0.36%
CTAS	A	0.34%
CSX	B	0.32%
CDNS	B	0.32%
GM	B	0.3%
AFL	C	0.3%
EOG	B	0.29%
HD	B	0.29%
SPG	B	0.29%
ADSK	B	0.29%
FIS	C	0.27%
HCA	D	0.27%
FDX	B	0.27%
MPC	D	0.26%
FICO	A	0.26%
FTNT	A	0.26%
TGT	C	0.25%
BCS	B	0.24%
CMI	B	0.24%
BK	B	0.24%
PSX	D	0.23%
CI	D	0.23%
AMP	A	0.22%
VST	B	0.22%
CPRT	B	0.22%
LNG	B	0.22%
AIG	C	0.22%
KR	A	0.21%
EA	A	0.21%
MET	C	0.21%
VLO	D	0.2%
IQV	F	0.19%
MELI	D	0.19%
KMB	F	0.19%
RCL	A	0.19%
SNPS	B	0.19%
CTSH	A	0.18%
SE	B	0.17%
HPQ	B	0.17%
LULU	C	0.17%
IR	A	0.16%
SYY	B	0.16%
CNC	F	0.15%
IDXX	D	0.15%
STT	B	0.15%
DVN	F	0.14%
PCAR	B	0.14%
MS	A	0.14%
ADM	F	0.14%
NUE	C	0.14%
DECK	B	0.13%
LDOS	A	0.13%
AVB	B	0.13%
GDDY	A	0.13%
VICI	D	0.13%
ANSS	B	0.13%
HIG	C	0.12%
BR	A	0.12%
PHM	D	0.12%
VTR	C	0.12%
PKG	B	0.11%
BLDR	D	0.11%
STLD	B	0.11%
ZM	A	0.11%
FE	D	0.11%
AWK	D	0.11%
CSL	C	0.11%
PG	D	0.11%
CPAY	A	0.11%
CAH	B	0.11%
MOH	F	0.1%
NRG	B	0.1%
BBY	D	0.1%
K	A	0.1%
CBOE	D	0.1%
LYB	F	0.1%
LVS	C	0.1%
EL	F	0.09%
VRSN	C	0.09%
GEN	A	0.09%
MAS	D	0.09%
LYV	A	0.09%
LII	B	0.09%
EQH	B	0.08%
OC	B	0.08%
WSM	F	0.08%
RS	B	0.08%
MRO	B	0.08%
TXT	D	0.08%
CF	B	0.08%
EXPD	F	0.08%
JBL	B	0.08%
SNA	A	0.08%
TWLO	B	0.08%
AIZ	A	0.07%
VTRS	B	0.07%
UHS	D	0.07%
L	B	0.07%
DPZ	C	0.07%
DT	C	0.07%
UDR	D	0.07%
SWKS	F	0.07%
AVTR	F	0.07%
ROL	B	0.07%
TAP	B	0.06%
FOXA	A	0.06%
PAYC	B	0.06%
OVV	C	0.06%
MTCH	F	0.06%
BG	D	0.06%
DKS	D	0.06%
GLPI	D	0.06%
WYNN	F	0.05%
ACI	C	0.05%
CRBG	C	0.05%
MOS	D	0.05%
SEIC	A	0.05%
TER	D	0.05%
HII	D	0.04%
AER	C	0.04%
MGM	F	0.04%
COR	A	0.03%
DINO	D	0.03%
ON	D	0.03%

FLSP Underweight 154 Positions Relative to FTQI

Symbol	Grade	Weight
AAPL	D	-8.83%
AMZN	B	-4.64%
AVGO	B	-4.38%
TSLA	B	-2.71%
COST	B	-2.59%
NFLX	A	-2.25%
GOOGL	B	-1.89%
TMUS	A	-1.73%
TXN	B	-1.63%
AMD	F	-1.61%
CSCO	A	-1.56%
PEP	F	-1.48%
EQIX	C	-1.23%
LLY	D	-0.95%
CME	B	-0.93%
ORCL	A	-0.74%
SPGI	D	-0.58%
OTTR	C	-0.57%
MGEE	A	-0.54%
UFPI	B	-0.53%
DUOL	B	-0.49%
LNT	C	-0.45%
CASY	A	-0.43%
BGC	B	-0.42%
CG	B	-0.4%
ZBRA	A	-0.37%
WFRD	D	-0.36%
NDAQ	B	-0.35%
ANET	C	-0.33%
IESC	B	-0.32%
MEDP	D	-0.32%
APA	F	-0.32%
ICLR	F	-0.31%
BCPC	B	-0.3%
SNY	F	-0.3%
TSCO	D	-0.29%
PAGP	D	-0.29%
EWBC	A	-0.29%
SBAC	D	-0.28%
AMT	F	-0.28%
MORN	A	-0.28%
MPWR	F	-0.28%
PNFP	B	-0.26%
DJT	D	-0.26%
WWD	B	-0.25%
STRL	B	-0.24%
UMBF	B	-0.24%
EVRG	A	-0.24%
SOFI	B	-0.23%
CYBR	B	-0.23%
MTSI	B	-0.23%
ERIE	F	-0.23%
RVMD	B	-0.23%
IDCC	A	-0.23%
PTEN	D	-0.23%
LITE	B	-0.22%
SAIA	B	-0.22%
BMRN	F	-0.21%
HOOD	B	-0.21%
COIN	B	-0.2%
OLED	F	-0.2%
TRMD	F	-0.2%
HALO	B	-0.19%
TRMB	B	-0.19%
AXON	B	-0.19%
UPST	B	-0.19%
ICUI	C	-0.19%
COKE	D	-0.19%
OLLI	D	-0.19%
NOVT	C	-0.19%
PCVX	D	-0.19%
VRNS	D	-0.19%
MDGL	B	-0.19%
BNTX	D	-0.18%
PODD	B	-0.18%
ZION	B	-0.18%
FCNCA	B	-0.18%
DOX	A	-0.18%
NTRS	A	-0.18%
MKSI	D	-0.18%
ARGX	B	-0.17%
WTW	A	-0.17%
ITRI	B	-0.17%
NTRA	B	-0.17%
HBAN	A	-0.17%
MUSA	B	-0.16%
VKTX	D	-0.16%
AAON	B	-0.16%
CAT	B	-0.16%
JBHT	B	-0.16%
FITB	A	-0.16%
MASI	B	-0.16%
CINF	A	-0.16%
LECO	B	-0.16%
ASND	D	-0.16%
JAZZ	B	-0.15%
BSY	D	-0.15%
XOM	B	-0.15%
MRUS	C	-0.15%
TTEK	C	-0.15%
TWST	C	-0.15%
CHDN	C	-0.15%
ULTA	C	-0.15%
POOL	D	-0.15%
AXP	B	-0.15%
LSTR	B	-0.15%
RGLD	C	-0.14%
ALNY	D	-0.14%
VMC	B	-0.14%
ETN	A	-0.14%
ENSG	C	-0.14%
FRPT	B	-0.14%
PGR	B	-0.14%
TECH	C	-0.14%
XRAY	F	-0.14%
GH	B	-0.14%
RMD	B	-0.14%
WIX	B	-0.14%
CYTK	C	-0.14%
UFPT	B	-0.13%
SFM	B	-0.13%
EXAS	F	-0.13%
KRYS	B	-0.13%
ROIV	D	-0.13%
MKTX	C	-0.13%
LANC	B	-0.13%
SRPT	F	-0.13%
MIDD	C	-0.13%
QRVO	F	-0.12%
ACLS	F	-0.12%
GE	C	-0.12%
LOW	B	-0.12%
LNTH	F	-0.12%
APLS	F	-0.11%
WM	A	-0.11%
SHOO	D	-0.11%
LOGI	F	-0.1%
MMYT	C	-0.1%
LEGN	F	-0.1%
BL	B	-0.09%
CRVL	B	-0.09%
ACHC	F	-0.08%
CVLT	B	-0.08%
CSWI	B	-0.07%
TMDX	F	-0.07%
NWSA	B	-0.05%
ACGL	D	-0.05%
TW	B	-0.05%
OKTA	C	-0.05%
GEV	B	-0.05%
CVCO	B	-0.04%
RGEN	D	-0.02%
RXST	F	-0.02%
REYN	D	-0.01%