HYBB vs. FLQM ETF Comparison

Comparison of iShares BB Rated Corporate Bond ETF (HYBB) to Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM)

HYBB

iShares BB Rated Corporate Bond ETF

HYBB Description

The investment seeks to track the investment results of the ICE BofA BB US High Yield Constrained Index composed of BB, or equivalently rated, fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporations. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (BlackRock Cash Funds), as well as in securities not included in the index, but which BFA believes will help it track the index.

Grade (RS Rating)

Last Trade

$46.60

Average Daily Volume

53,807

Number of Holdings ^*

257

* may have additional holdings in another (foreign) market

FLQM

Franklin LibertyQ U.S. Mid Cap Equity ETF

FLQM Description

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

Grade (RS Rating)

Last Trade

$58.02

Average Daily Volume

151,405

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

Performance

Period	HYBB	FLQM
30 Days	0.77%	5.47%
60 Days	-0.93%	5.07%
90 Days	0.18%	5.99%
12 Months	7.81%	31.70%

32 Overlapping Holdings

Symbol	Grade	Weight in HYBB	Weight in FLQM	Overlap
ACI	C	0.08%	0.36%	0.08%
ALLY	C	0.07%	0.35%	0.07%
ALSN	B	0.05%	0.47%	0.05%
AM	A	0.09%	0.22%	0.09%
BBWI	D	0.04%	0.26%	0.04%
BLDR	D	0.08%	0.85%	0.08%
CHRD	D	0.04%	0.16%	0.04%
CIVI	D	0.06%	0.1%	0.06%
CRI	D	0.08%	0.08%	0.08%
DVA	B	0.14%	0.22%	0.14%
EHC	B	0.05%	0.49%	0.05%
GAP	C	0.1%	0.07%	0.07%
GDDY	A	0.09%	0.89%	0.09%
GEN	B	0.09%	0.57%	0.09%
JWN	C	0.05%	0.1%	0.05%
KSS	F	0.04%	0.07%	0.04%
LAMR	D	0.05%	0.19%	0.05%
LW	C	0.08%	0.35%	0.08%
M	D	0.02%	0.17%	0.02%
MUSA	A	0.04%	0.37%	0.04%
OGN	D	0.08%	0.17%	0.08%
OMF	A	0.03%	0.2%	0.03%
PAG	B	0.07%	0.11%	0.07%
SEE	C	0.06%	0.2%	0.06%
SIRI	C	0.14%	0.03%	0.03%
SYF	B	0.11%	1.11%	0.11%
THC	D	0.08%	0.59%	0.08%
TPX	B	0.1%	0.38%	0.1%
UAL	A	0.27%	0.54%	0.27%
VFC	C	0.04%	0.23%	0.04%
WBA	F	0.03%	0.17%	0.03%
YUM	B	0.04%	0.89%	0.04%

HYBB Overweight 225 Positions Relative to FLQM

Symbol	Grade	Weight
WDC	D	0.33%
JBLU	F	0.3%
INGM	F	0.29%
CCL	B	0.29%
WFRD	D	0.25%
GTLS	B	0.23%
CZR	F	0.22%
SBAC	D	0.2%
GTN	F	0.2%
TLN	B	0.19%
JAZZ	B	0.19%
VAL	D	0.17%
TDG	D	0.16%
VST	B	0.15%
POST	C	0.15%
COHR	B	0.14%
PFGC	B	0.14%
BFH	B	0.14%
ACM	A	0.14%
PCG	A	0.14%
NXST	C	0.13%
RBLX	C	0.13%
SQ	B	0.13%
AMCX	C	0.13%
HLF	C	0.12%
KNTK	B	0.12%
HRI	B	0.12%
BYD	C	0.12%
ESI	A	0.12%
WCC	B	0.12%
HGV	B	0.12%
VRT	B	0.12%
HTZ	C	0.12%
IGT	F	0.11%
W	F	0.11%
AVTR	F	0.11%
ESAB	B	0.11%
AAL	B	0.11%
DTE	C	0.11%
USM	B	0.1%
SBH	C	0.1%
BALL	D	0.1%
ADT	C	0.1%
CRWD	B	0.1%
TRN	C	0.1%
ON	D	0.1%
TEX	D	0.09%
VSAT	F	0.09%
WAL	B	0.09%
SLGN	A	0.09%
ASGN	F	0.09%
MOH	F	0.09%
PK	B	0.09%
FTRE	D	0.09%
AVNT	B	0.09%
AIR	B	0.09%
CWK	B	0.09%
IEP	F	0.09%
ATSG	B	0.09%
MTN	C	0.09%
GEO	B	0.09%
ADNT	F	0.08%
THO	B	0.08%
IQV	D	0.08%
XPO	B	0.08%
GNL	F	0.08%
AMKR	D	0.08%
NEP	F	0.08%
SLM	A	0.08%
ESTC	C	0.08%
WH	B	0.08%
FLR	B	0.08%
ACCO	C	0.08%
AXTA	A	0.08%
LADR	B	0.08%
OUT	A	0.08%
SRCL	C	0.08%
PARA	C	0.08%
PPC	C	0.08%
DO	D	0.08%
CXW	B	0.08%
ECPG	B	0.08%
ALGT	B	0.08%
HHH	B	0.08%
NMRK	B	0.08%
MTDR	B	0.08%
SNEX	B	0.08%
SCI	B	0.08%
ZBRA	B	0.08%
RNG	B	0.07%
PTC	A	0.07%
MD	B	0.07%
KFY	B	0.07%
SAH	A	0.07%
RLJ	C	0.07%
LAD	A	0.07%
COOP	B	0.07%
MWA	B	0.07%
ATGE	B	0.07%
ZD	C	0.07%
FCFS	F	0.07%
DY	D	0.07%
LYV	A	0.07%
FTAI	B	0.07%
GHC	C	0.07%
PHIN	A	0.07%
TNET	D	0.07%
HLT	A	0.07%
COTY	F	0.07%
NAVI	C	0.07%
NCLH	B	0.07%
URI	B	0.07%
OLN	D	0.07%
EPC	D	0.07%
SCS	C	0.07%
DAR	C	0.07%
NWSA	B	0.07%
GPI	A	0.07%
ARLP	A	0.07%
TGNA	B	0.07%
TFX	F	0.07%
NSIT	F	0.07%
LTH	C	0.07%
EIX	B	0.07%
NGVT	B	0.07%
IRM	D	0.07%
UA	C	0.07%
PFSI	D	0.07%
BWXT	B	0.06%
MGM	D	0.06%
HLX	B	0.06%
AIZ	A	0.06%
TCBI	B	0.06%
ST	F	0.06%
CIEN	B	0.06%
MTX	B	0.06%
HOLX	D	0.06%
TMHC	B	0.06%
SM	B	0.06%
CACC	D	0.06%
WMS	D	0.06%
CHTR	C	0.06%
PBH	A	0.06%
BCC	B	0.06%
RXO	C	0.06%
TRS	B	0.06%
HESM	B	0.06%
TTMI	B	0.06%
CCOI	B	0.06%
AA	B	0.06%
ATKR	C	0.06%
NWL	B	0.06%
CNX	A	0.06%
VSTO	A	0.06%
TWLO	A	0.06%
VNOM	A	0.06%
RHP	B	0.06%
CRL	C	0.06%
NRG	B	0.06%
CCK	C	0.06%
LEVI	F	0.06%
ET	A	0.06%
CCS	D	0.06%
BCO	D	0.06%
RRC	B	0.06%
SXC	A	0.06%
MUR	D	0.05%
VNO	B	0.05%
DFH	D	0.05%
OII	B	0.05%
DAN	D	0.05%
CLF	F	0.05%
ASH	D	0.05%
AMN	F	0.05%
PR	B	0.05%
STWD	C	0.05%
WGO	C	0.05%
CRS	A	0.05%
GOLF	B	0.05%
OI	C	0.05%
TPH	D	0.05%
SYNA	C	0.05%
IBP	D	0.05%
VIAV	B	0.05%
FL	F	0.05%
ENTG	D	0.05%
ABG	B	0.05%
SUN	B	0.05%
LPX	B	0.05%
BLD	D	0.05%
AES	F	0.05%
AR	B	0.05%
FOUR	B	0.05%
BXMT	C	0.05%
CMC	B	0.04%
REZI	A	0.04%
CLH	B	0.04%
FUL	F	0.04%
CXT	B	0.04%
KBR	F	0.04%
PRGO	B	0.04%
BECN	B	0.04%
BSIG	A	0.04%
FOR	F	0.04%
SPR	D	0.04%
GNW	A	0.04%
ENS	D	0.04%
LGIH	D	0.04%
X	C	0.04%
GPK	C	0.04%
IMKTA	C	0.04%
VLY	B	0.04%
BDN	C	0.04%
PRAA	C	0.04%
CENT	C	0.04%
TNL	A	0.04%
HI	C	0.04%
STX	D	0.04%
HPP	F	0.04%
MHO	D	0.04%
KBH	D	0.04%
RCL	A	0.04%
CSTM	F	0.03%
BERY	B	0.03%
AAP	C	0.03%

HYBB Underweight 168 Positions Relative to FLQM

Symbol	Grade	Weight
FICO	B	-1.62%
GRMN	B	-1.17%
GWW	B	-1.16%
FAST	B	-1.14%
IT	C	-1.14%
EA	A	-1.13%
ODFL	B	-1.12%
DAL	C	-1.1%
AVB	B	-1.09%
ALL	A	-1.09%
MSCI	C	-1.09%
PAYX	C	-1.08%
RMD	C	-1.06%
HIG	B	-1.05%
TPL	A	-1.04%
KR	B	-1.02%
DHI	D	-1.0%
DOV	A	-1.0%
PHM	D	-0.99%
LNG	B	-0.96%
HPQ	B	-0.94%
WAT	B	-0.94%
HPE	B	-0.93%
OTIS	C	-0.93%
NTAP	C	-0.91%
EBAY	D	-0.91%
CINF	A	-0.9%
DECK	A	-0.89%
CHD	B	-0.89%
TSCO	D	-0.89%
SYY	B	-0.86%
AWK	D	-0.86%
BAH	F	-0.85%
BBY	D	-0.85%
LII	A	-0.84%
FANG	D	-0.84%
CMI	A	-0.84%
RF	A	-0.83%
WSM	B	-0.82%
NVR	D	-0.79%
MTD	D	-0.77%
CLX	B	-0.77%
OMC	C	-0.77%
IDXX	F	-0.77%
STLD	B	-0.76%
SNA	A	-0.76%
MANH	D	-0.76%
COR	B	-0.75%
TROW	B	-0.74%
CDW	F	-0.73%
LYB	F	-0.72%
DVN	F	-0.72%
ULTA	F	-0.7%
RS	B	-0.7%
VRSK	A	-0.69%
WSO	A	-0.67%
VRSN	F	-0.67%
EXPD	D	-0.67%
GPC	D	-0.65%
AVY	D	-0.62%
UTHR	C	-0.62%
RPM	A	-0.61%
CF	B	-0.61%
ACGL	D	-0.61%
INCY	C	-0.61%
TPR	B	-0.6%
MAS	D	-0.59%
EG	C	-0.58%
VTRS	A	-0.57%
ROL	B	-0.55%
TER	D	-0.54%
GGG	B	-0.53%
CASY	A	-0.52%
NBIX	C	-0.52%
HSY	F	-0.52%
TXRH	C	-0.51%
POOL	C	-0.5%
FFIV	B	-0.5%
NDSN	B	-0.49%
VLTO	D	-0.49%
UNM	A	-0.48%
DKS	C	-0.48%
UHS	D	-0.48%
CHRW	C	-0.47%
OVV	B	-0.46%
BJ	A	-0.46%
LECO	B	-0.46%
CW	B	-0.46%
JBL	B	-0.45%
ALLE	D	-0.45%
CPT	B	-0.44%
JNPR	F	-0.42%
ELS	C	-0.42%
GL	B	-0.42%
SAIA	B	-0.42%
RPRX	D	-0.4%
PAYC	B	-0.4%
TOL	B	-0.39%
EXPE	B	-0.38%
SEIC	B	-0.37%
HRB	D	-0.37%
BXP	D	-0.37%
LDOS	C	-0.37%
K	A	-0.37%
DCI	B	-0.36%
LKQ	D	-0.36%
DOX	D	-0.35%
RL	B	-0.34%
KNSL	B	-0.34%
MTG	C	-0.32%
ORI	A	-0.31%
RHI	B	-0.3%
TTC	D	-0.3%
DG	F	-0.3%
SKX	D	-0.3%
WING	D	-0.29%
G	B	-0.29%
CHE	D	-0.28%
APA	D	-0.28%
NNN	D	-0.28%
PB	A	-0.27%
CACI	D	-0.27%
AMG	B	-0.25%
R	B	-0.25%
VNT	B	-0.24%
EGP	F	-0.24%
WPC	D	-0.23%
DINO	D	-0.23%
LSTR	D	-0.23%
JHG	A	-0.21%
NFG	A	-0.2%
AN	C	-0.2%
STAG	F	-0.2%
BC	C	-0.2%
CROX	D	-0.19%
WU	D	-0.19%
SON	D	-0.18%
DTM	B	-0.18%
FOXA	B	-0.18%
FLO	D	-0.18%
CRUS	D	-0.17%
AGO	B	-0.17%
AYI	B	-0.17%
MSM	C	-0.17%
CHH	A	-0.16%
DLB	B	-0.16%
SOLV	C	-0.16%
LOPE	B	-0.15%
KRC	C	-0.14%
HIW	D	-0.14%
PII	D	-0.14%
COKE	C	-0.13%
ACHC	F	-0.13%
COLB	A	-0.12%
AVT	C	-0.12%
COLM	B	-0.11%
MAN	D	-0.11%
IVZ	B	-0.11%
AWI	A	-0.11%
NEU	C	-0.11%
APPF	B	-0.09%
CUZ	B	-0.08%
WEN	D	-0.06%
SNDR	B	-0.06%
CNA	B	-0.04%
DDS	B	-0.03%
CNXC	F	-0.03%
PLTK	B	-0.02%