FLSP vs. VALQ ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to American Century STOXX U.S. Quality Value ETF (VALQ)

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

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$63.31

Average Daily Volume

6,436

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	VALQ
30 Days	2.04%	1.68%
60 Days	1.79%	5.18%
90 Days	2.75%	9.64%
12 Months	7.68%	30.78%

88 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in VALQ	Overlap
ABBV	D	0.62%	2.04%	0.62%
ADBE	C	0.42%	0.08%	0.08%
ADSK	B	0.29%	0.2%	0.2%
AIZ	A	0.07%	0.09%	0.07%
AMAT	F	0.72%	0.08%	0.08%
APH	B	0.18%	1.71%	0.18%
APP	A	0.16%	0.15%	0.15%
BBY	D	0.1%	1.17%	0.1%
BK	B	0.24%	0.1%	0.1%
BKNG	A	0.75%	0.11%	0.11%
CAH	B	0.11%	0.8%	0.11%
CI	D	0.23%	0.65%	0.23%
CL	F	0.38%	1.8%	0.38%
CMCSA	B	0.43%	2.33%	0.43%
CNC	F	0.15%	0.07%	0.07%
COR	A	0.03%	0.09%	0.03%
CSL	C	0.11%	0.09%	0.09%
CTAS	A	0.34%	1.82%	0.34%
CTSH	A	0.18%	0.76%	0.18%
DKS	D	0.06%	0.12%	0.06%
DOCU	A	0.08%	0.3%	0.08%
DPZ	C	0.07%	0.16%	0.07%
EA	A	0.21%	0.09%	0.09%
EBAY	D	0.15%	1.88%	0.15%
ELV	F	0.37%	0.07%	0.07%
EXPD	F	0.08%	0.08%	0.08%
EXPE	B	0.11%	0.12%	0.11%
FDX	B	0.27%	0.09%	0.09%
FFIV	B	0.07%	0.51%	0.07%
FICO	A	0.26%	0.22%	0.22%
FIS	C	0.27%	0.1%	0.1%
FOXA	A	0.06%	0.09%	0.06%
FTNT	A	0.26%	0.09%	0.09%
GDDY	A	0.13%	0.09%	0.09%
GILD	B	0.46%	0.11%	0.11%
GM	B	0.3%	0.09%	0.09%
HD	B	0.29%	1.97%	0.29%
HIG	C	0.12%	0.09%	0.09%
HPQ	B	0.17%	1.75%	0.17%
IDXX	D	0.15%	0.14%	0.14%
INCY	B	0.07%	0.1%	0.07%
IQV	F	0.19%	0.07%	0.07%
JBL	B	0.08%	0.29%	0.08%
K	A	0.1%	0.09%	0.09%
KMB	F	0.19%	2.0%	0.19%
KR	A	0.21%	0.22%	0.21%
L	B	0.07%	0.08%	0.07%
LDOS	A	0.13%	0.1%	0.1%
LYB	F	0.1%	1.2%	0.1%
MANH	C	0.08%	0.09%	0.08%
MAS	D	0.09%	1.28%	0.09%
META	B	0.46%	0.1%	0.1%
MMM	D	0.36%	0.1%	0.1%
MPC	D	0.26%	0.2%	0.2%
MSFT	C	0.58%	0.26%	0.26%
MSI	B	0.39%	2.14%	0.39%
MTD	F	0.16%	0.99%	0.16%
NTAP	C	0.13%	0.42%	0.13%
OC	B	0.08%	1.09%	0.08%
PG	D	0.11%	1.09%	0.11%
PH	B	0.22%	0.24%	0.22%
PHM	D	0.12%	0.08%	0.08%
PKG	B	0.11%	0.1%	0.1%
PYPL	B	0.39%	0.76%	0.39%
QCOM	F	0.63%	0.54%	0.54%
SEIC	A	0.05%	0.73%	0.05%
SNA	A	0.08%	0.1%	0.08%
SPG	B	0.29%	1.76%	0.29%
SSNC	C	0.08%	0.08%	0.08%
STLD	B	0.11%	0.1%	0.1%
STT	B	0.15%	0.1%	0.1%
SWKS	F	0.07%	0.1%	0.07%
SYY	B	0.16%	0.16%	0.16%
TAP	B	0.06%	0.09%	0.06%
TER	D	0.05%	0.07%	0.05%
TGT	C	0.25%	1.48%	0.25%
TJX	B	0.54%	0.17%	0.17%
TROW	B	0.13%	0.09%	0.09%
TWLO	B	0.08%	0.13%	0.08%
TXT	D	0.08%	0.08%	0.08%
UBER	F	0.53%	1.26%	0.53%
UHS	D	0.07%	0.2%	0.07%
UTHR	B	0.09%	0.14%	0.09%
VLO	D	0.2%	0.08%	0.08%
VRSN	C	0.09%	0.09%	0.09%
WMT	A	0.73%	2.21%	0.73%
WSM	F	0.08%	0.31%	0.08%
ZM	A	0.11%	0.36%	0.11%

FLSP Overweight 92 Positions Relative to VALQ

Symbol	Grade	Weight
MA	A	0.8%
NOW	A	0.74%
CRM	B	0.71%
INTU	A	0.68%
T	C	0.63%
MDT	D	0.6%
V	A	0.59%
NVDA	A	0.59%
NVS	F	0.53%
VRTX	B	0.52%
TMO	F	0.38%
REGN	F	0.38%
CSX	B	0.32%
CDNS	B	0.32%
AFL	C	0.3%
EOG	B	0.29%
HCA	D	0.27%
BCS	B	0.24%
CMI	B	0.24%
PSX	D	0.23%
AMP	A	0.22%
VST	B	0.22%
A	F	0.22%
CPRT	B	0.22%
LNG	B	0.22%
AIG	C	0.22%
MET	C	0.21%
MELI	D	0.19%
RCL	A	0.19%
SNPS	B	0.19%
SE	B	0.17%
LULU	C	0.17%
IR	A	0.16%
DVN	F	0.14%
PCAR	B	0.14%
MS	A	0.14%
LIN	D	0.14%
ADM	F	0.14%
NUE	C	0.14%
DECK	B	0.13%
WAT	B	0.13%
AVB	B	0.13%
VEEV	B	0.13%
VICI	D	0.13%
ANSS	B	0.13%
TYL	B	0.12%
BR	A	0.12%
VTR	C	0.12%
PTC	B	0.11%
BLDR	D	0.11%
FE	D	0.11%
AWK	D	0.11%
CPAY	A	0.11%
GOOG	B	0.11%
MOH	F	0.1%
STX	D	0.1%
NRG	B	0.1%
CBOE	D	0.1%
LVS	C	0.1%
HOLX	D	0.1%
EL	F	0.09%
GEN	A	0.09%
LYV	A	0.09%
LII	B	0.09%
EQH	B	0.08%
RS	B	0.08%
MRO	B	0.08%
CF	B	0.08%
REG	B	0.07%
VTRS	B	0.07%
NBIX	C	0.07%
DT	C	0.07%
UDR	D	0.07%
AVTR	F	0.07%
ROL	B	0.07%
PAYC	B	0.06%
RPRX	F	0.06%
OVV	C	0.06%
MTCH	F	0.06%
BG	D	0.06%
GLPI	D	0.06%
CHRW	B	0.06%
WYNN	F	0.05%
ACI	C	0.05%
CRBG	C	0.05%
CHKP	D	0.05%
MOS	D	0.05%
HII	D	0.04%
AER	C	0.04%
MGM	F	0.04%
DINO	D	0.03%
ON	D	0.03%

FLSP Underweight 153 Positions Relative to VALQ

Symbol	Grade	Weight
AAPL	D	-2.64%
AMZN	B	-2.12%
IBM	D	-2.07%
NFLX	A	-1.85%
INGR	B	-1.8%
KO	F	-1.79%
ETN	A	-1.77%
VLTO	D	-1.59%
CLX	B	-1.56%
JLL	C	-1.53%
TXN	B	-1.51%
TOL	B	-1.06%
OTIS	D	-1.06%
SFM	B	-0.98%
ITW	B	-0.92%
GPC	D	-0.9%
LECO	B	-0.85%
BMY	B	-0.8%
TPR	B	-0.79%
DOX	A	-0.72%
CSCO	A	-0.71%
IVZ	C	-0.65%
NVT	B	-0.65%
GOOGL	B	-0.62%
DCI	A	-0.61%
HRB	D	-0.57%
MO	A	-0.56%
ALLE	D	-0.56%
NYT	C	-0.52%
AYI	A	-0.49%
ECL	D	-0.46%
REYN	D	-0.46%
CBT	B	-0.43%
HUBB	B	-0.41%
MTG	D	-0.41%
DBX	B	-0.38%
G	B	-0.35%
ARW	F	-0.34%
FLS	B	-0.34%
SHW	B	-0.33%
AMCR	D	-0.32%
AZEK	B	-0.32%
GWW	B	-0.31%
NOVT	C	-0.3%
SM	C	-0.29%
TT	A	-0.25%
FLO	F	-0.24%
QLYS	C	-0.24%
NEU	C	-0.23%
COLM	B	-0.21%
NSIT	F	-0.21%
CRUS	F	-0.2%
CAT	B	-0.2%
DVA	C	-0.19%
BRBR	A	-0.19%
ORI	A	-0.18%
LAMR	D	-0.18%
CR	B	-0.17%
JEF	B	-0.17%
LEN	D	-0.17%
ROST	F	-0.16%
PPG	F	-0.16%
LFUS	D	-0.15%
GAP	C	-0.15%
AMKR	F	-0.14%
EXEL	B	-0.14%
DDS	C	-0.14%
ANF	D	-0.14%
EME	B	-0.13%
ALSN	B	-0.13%
WING	D	-0.12%
SYF	B	-0.11%
GL	B	-0.11%
PEGA	A	-0.11%
VMI	B	-0.1%
EHC	B	-0.1%
AIT	A	-0.1%
NTRS	A	-0.1%
JKHY	C	-0.1%
BYD	A	-0.1%
SAIC	B	-0.1%
RL	B	-0.1%
CACI	B	-0.1%
MLI	B	-0.1%
UNM	A	-0.1%
THC	B	-0.1%
AXS	B	-0.1%
BWA	B	-0.09%
TKR	F	-0.09%
NVR	D	-0.09%
CMC	B	-0.09%
JNJ	F	-0.09%
RGA	A	-0.09%
BMI	B	-0.09%
NXST	C	-0.09%
PGR	B	-0.09%
AVGO	B	-0.09%
AKAM	F	-0.09%
KEYS	B	-0.09%
ALL	A	-0.09%
MAT	C	-0.09%
OMF	B	-0.09%
TMHC	C	-0.09%
DLB	C	-0.09%
WTS	B	-0.09%
OMC	B	-0.09%
CCK	B	-0.09%
DGX	A	-0.09%
FIZZ	B	-0.09%
HPE	B	-0.09%
INFA	D	-0.09%
ALKS	B	-0.09%
USFD	A	-0.09%
BERY	C	-0.09%
RMD	B	-0.09%
AMG	C	-0.09%
CHTR	B	-0.09%
AXTA	B	-0.09%
RHI	B	-0.09%
TRMB	B	-0.09%
EVR	B	-0.09%
LMT	D	-0.09%
TXRH	B	-0.09%
MHK	D	-0.08%
AN	D	-0.08%
LRCX	F	-0.08%
EG	D	-0.08%
SKX	F	-0.08%
CPB	F	-0.08%
IGT	D	-0.08%
TSN	C	-0.08%
AOS	F	-0.08%
KBH	D	-0.08%
CAG	F	-0.08%
EPAM	C	-0.08%
SWK	F	-0.08%
PVH	C	-0.08%
MCK	B	-0.08%
EEFT	C	-0.08%
PARA	C	-0.08%
JAZZ	B	-0.08%
MMS	C	-0.08%
MSM	B	-0.08%
GIS	F	-0.08%
ADTN	B	-0.08%
BRK.A	C	-0.08%
POST	D	-0.08%
ALLY	C	-0.07%
KLAC	F	-0.07%
MEDP	D	-0.07%
COKE	D	-0.07%
CROX	F	-0.06%
QRVO	F	-0.05%