FXL vs. FLQL ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to Franklin LibertyQ U.S. Equity ETF (FLQL)

FXL

First Trust Technology AlphaDEX

FXL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Technology Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$136.84

Average Daily Volume

21,959

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FLQL

Franklin LibertyQ U.S. Equity ETF

FLQL Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Large Cap Equity Index (the U.S. Large Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Large Cap underlying index. The U.S. Large Cap underlying index is based on the Russell 1000® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$57.94

Average Daily Volume

48,937

Number of Holdings ^*

208

* may have additional holdings in another (foreign) market

Performance

Period	FXL	FLQL
30 Days	1.28%	2.22%
60 Days	0.54%	3.76%
90 Days	1.09%	4.30%
12 Months	23.85%	32.67%

33 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in FLQL	Overlap
AAPL	C	0.73%	6.79%	0.73%
AMAT	D	1.07%	1.05%	1.05%
APH	D	1.29%	0.54%	0.54%
APP	C	2.18%	0.1%	0.1%
AVGO	C	1.76%	1.76%	1.76%
AVT	C	1.67%	0.09%	0.09%
CACI	B	0.75%	0.1%	0.1%
CDW	D	0.32%	0.17%	0.17%
CRUS	D	0.72%	0.11%	0.11%
CTSH	C	1.93%	0.26%	0.26%
DELL	D	1.4%	0.1%	0.1%
GDDY	C	1.88%	0.16%	0.16%
GLW	C	0.35%	0.13%	0.13%
GOOGL	D	1.46%	1.88%	1.46%
HPE	D	1.37%	0.18%	0.18%
HPQ	D	1.3%	0.28%	0.28%
IBM	B	0.84%	1.42%	0.84%
JBL	D	1.31%	0.1%	0.1%
KLAC	D	0.87%	0.86%	0.86%
LRCX	F	0.48%	0.84%	0.48%
MCHP	F	0.57%	0.3%	0.3%
META	B	1.79%	2.5%	1.79%
MSFT	C	0.94%	6.52%	0.94%
NTAP	D	1.24%	0.22%	0.22%
NVDA	D	1.66%	4.95%	1.66%
PSTG	F	1.29%	0.08%	0.08%
QCOM	D	0.81%	1.08%	0.81%
SAIC	C	1.58%	0.1%	0.1%
SMCI	F	0.74%	0.09%	0.09%
SNX	D	1.32%	0.08%	0.08%
SWKS	D	1.3%	0.12%	0.12%
TER	D	0.85%	0.09%	0.09%
TXN	C	0.33%	1.31%	0.33%

FXL Overweight 68 Positions Relative to FLQL

Symbol	Grade	Weight
PLTR	B	2.37%
CNXC	F	1.8%
ARW	C	1.75%
ON	D	1.74%
TOST	C	1.74%
VRT	C	1.72%
HCP	B	1.72%
GWRE	A	1.69%
DXC	C	1.5%
AKAM	D	1.49%
DOX	C	1.48%
PANW	D	1.4%
APPF	D	1.26%
DNB	C	1.19%
FFIV	B	1.17%
PAYC	D	1.15%
CRWD	D	1.15%
SSNC	B	1.15%
TYL	C	1.14%
PINS	F	1.14%
SNPS	D	1.13%
ORCL	C	1.12%
NOW	B	1.11%
ZM	C	1.1%
PEGA	C	1.08%
MPWR	C	1.07%
IPGP	F	1.06%
EPAM	F	1.06%
NTNX	C	1.05%
AMKR	F	1.02%
OLED	C	0.95%
KBR	D	0.94%
ESTC	F	0.89%
INTC	F	0.86%
ONTO	D	0.86%
DDOG	D	0.83%
DASH	C	0.82%
SMAR	C	0.79%
MTCH	C	0.79%
GFS	F	0.77%
IAC	C	0.75%
MANH	B	0.74%
DBX	D	0.74%
ADBE	F	0.73%
INTU	C	0.68%
PTC	D	0.65%
ZS	F	0.6%
CDNS	D	0.6%
OKTA	F	0.54%
ALGM	F	0.51%
CFLT	F	0.45%
IT	B	0.37%
GLOB	D	0.36%
MRVL	C	0.35%
ADSK	C	0.34%
S	C	0.34%
VRSN	D	0.33%
ADI	C	0.32%
ROP	C	0.32%
CRM	D	0.32%
MSTR	D	0.31%
NET	D	0.31%
AMD	D	0.3%
DLB	D	0.29%
DV	F	0.29%
HUBS	D	0.27%
ENTG	F	0.26%
LSCC	D	0.25%

FXL Underweight 175 Positions Relative to FLQL

Symbol	Grade	Weight
AMZN	C	-2.86%
LLY	C	-1.86%
JNJ	C	-1.82%
ABBV	C	-1.8%
COST	B	-1.79%
MA	B	-1.78%
GOOG	D	-1.61%
CSCO	C	-1.41%
MRK	D	-1.41%
AMGN	B	-1.32%
VZ	B	-1.31%
WMT	C	-1.31%
ISRG	B	-1.25%
CAT	B	-1.24%
JPM	D	-1.18%
BRK.A	C	-1.18%
VRTX	D	-1.08%
CMCSA	D	-1.06%
BKNG	C	-1.03%
SYK	C	-1.0%
TJX	B	-0.99%
REGN	C	-0.96%
T	C	-0.94%
C	C	-0.92%
MO	C	-0.87%
ETN	C	-0.87%
WM	D	-0.79%
TSLA	C	-0.75%
ANET	B	-0.75%
BSX	B	-0.72%
HCA	B	-0.63%
CI	C	-0.62%
CMG	C	-0.6%
MCO	B	-0.58%
PGR	B	-0.58%
ZTS	C	-0.58%
CL	D	-0.57%
TT	B	-0.56%
MPC	F	-0.52%
SPG	B	-0.47%
DHI	B	-0.46%
MSI	B	-0.46%
PH	B	-0.46%
CB	B	-0.45%
PCAR	D	-0.45%
XOM	C	-0.44%
MCK	F	-0.44%
PSA	B	-0.42%
URI	B	-0.38%
VLO	F	-0.36%
LEN	B	-0.36%
TMUS	C	-0.36%
GWW	B	-0.36%
CTAS	B	-0.36%
RSG	D	-0.34%
GD	B	-0.33%
IDXX	C	-0.33%
ACGL	C	-0.32%
FAST	C	-0.3%
HLT	B	-0.27%
NUE	F	-0.26%
PHM	B	-0.25%
NVR	B	-0.24%
DECK	C	-0.23%
GM	C	-0.23%
EMR	D	-0.22%
GRMN	D	-0.21%
LYB	D	-0.2%
FANG	D	-0.19%
SYF	C	-0.17%
LDOS	B	-0.17%
WSM	D	-0.17%
BLDR	C	-0.17%
CMI	C	-0.16%
HIG	B	-0.15%
STLD	F	-0.15%
HWM	B	-0.15%
PEG	B	-0.15%
IRM	C	-0.14%
LII	B	-0.14%
TOL	B	-0.14%
CSL	B	-0.14%
UTHR	C	-0.13%
RS	D	-0.13%
TSCO	C	-0.13%
UHS	B	-0.13%
PKG	B	-0.13%
COKE	C	-0.13%
MAS	B	-0.13%
WSO	C	-0.12%
WAB	B	-0.12%
HIW	B	-0.12%
OC	D	-0.12%
CLH	A	-0.12%
JEF	B	-0.12%
CASY	D	-0.12%
OHI	B	-0.12%
DKS	D	-0.12%
CUZ	B	-0.12%
PPC	D	-0.12%
LPLA	D	-0.12%
EBAY	B	-0.12%
HRB	C	-0.12%
RGA	C	-0.12%
DPZ	F	-0.12%
AWI	B	-0.11%
EXP	B	-0.11%
ETR	B	-0.11%
R	A	-0.11%
JNPR	B	-0.11%
LEN	B	-0.11%
SCCO	D	-0.11%
CW	B	-0.11%
INGR	B	-0.11%
ESS	B	-0.11%
EHC	C	-0.11%
ALSN	B	-0.11%
MUSA	D	-0.11%
TXRH	C	-0.11%
THC	A	-0.11%
EPR	B	-0.11%
EVR	A	-0.11%
CF	C	-0.11%
BBY	C	-0.11%
DAL	C	-0.11%
CFG	C	-0.11%
MTG	B	-0.11%
NNN	C	-0.11%
OGN	D	-0.1%
EMN	B	-0.1%
CE	F	-0.1%
AGO	C	-0.1%
MDU	C	-0.1%
DVA	B	-0.1%
CRI	D	-0.1%
MEDP	F	-0.1%
IBKR	B	-0.1%
ITT	B	-0.1%
KRC	B	-0.1%
AXS	B	-0.1%
NBIX	F	-0.1%
NFG	B	-0.1%
IP	B	-0.1%
LAMR	B	-0.1%
CHE	C	-0.1%
BLD	D	-0.1%
NEU	D	-0.1%
LNC	D	-0.09%
PK	D	-0.09%
OMF	D	-0.09%
RL	C	-0.09%
OVV	F	-0.09%
FIX	B	-0.09%
AYI	B	-0.09%
TPR	C	-0.09%
MSM	D	-0.09%
KEX	C	-0.09%
DCI	C	-0.09%
SLM	D	-0.09%
WING	B	-0.09%
NRG	C	-0.09%
TNL	D	-0.09%
LOPE	D	-0.09%
WU	F	-0.09%
NVT	D	-0.08%
CROX	D	-0.08%
APA	F	-0.08%
GNTX	F	-0.08%
X	F	-0.08%
BJ	D	-0.08%
OSK	F	-0.08%
GAP	F	-0.07%
CIVI	F	-0.07%
M	F	-0.07%
BBWI	F	-0.05%

FXL: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Semiconductor Equipment & Materials Internet Content & Information Computer Systems Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Hardware Conglomerates Consumer Electronics Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction