IEDI vs. FLQM ETF Comparison

Comparison of iShares Evolved U.S. Discretionary Spending ETF (IEDI) to Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM)

IEDI

iShares Evolved U.S. Discretionary Spending ETF

IEDI Description

The investment seeks to provide access to U.S. companies with discretionary spending exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization discretionary spending companies. It will hold common stock of those companies that fall into the Discretionary Spending Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as consumer discretionary companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.75

Average Daily Volume

6,271

Number of Holdings ^*

176

* 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

$57.35

Average Daily Volume

152,590

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

Performance

Period	IEDI	FLQM
30 Days	3.26%	3.80%
60 Days	4.59%	4.58%
90 Days	7.09%	4.77%
12 Months	32.06%	30.18%

54 Overlapping Holdings

Symbol	Grade	Weight in IEDI	Weight in FLQM	Overlap
ACI	C	0.15%	0.36%	0.15%
AN	C	0.1%	0.2%	0.1%
BBWI	C	0.19%	0.26%	0.19%
BBY	D	0.36%	0.85%	0.36%
BJ	A	0.28%	0.46%	0.28%
CASY	A	0.42%	0.52%	0.42%
CHE	D	0.1%	0.28%	0.1%
CHH	A	0.1%	0.16%	0.1%
CLX	A	0.07%	0.77%	0.07%
CRI	F	0.05%	0.08%	0.05%
CROX	D	0.12%	0.19%	0.12%
DECK	A	0.51%	0.89%	0.51%
DG	F	0.53%	0.3%	0.3%
DKS	D	0.45%	0.48%	0.45%
EA	A	0.06%	1.13%	0.06%
EBAY	D	0.23%	0.91%	0.23%
EXPE	B	0.24%	0.38%	0.24%
FAST	B	0.31%	1.14%	0.31%
FLO	D	0.07%	0.18%	0.07%
GAP	C	0.14%	0.07%	0.07%
GDDY	A	0.14%	0.89%	0.14%
GEN	B	0.06%	0.57%	0.06%
GPC	D	0.18%	0.65%	0.18%
GWW	B	0.09%	1.16%	0.09%
HRB	D	0.13%	0.37%	0.13%
IT	C	0.06%	1.14%	0.06%
JWN	D	0.08%	0.1%	0.08%
KR	B	0.81%	1.02%	0.81%
KSS	F	0.07%	0.07%	0.07%
LAMR	C	0.05%	0.19%	0.05%
LW	C	0.05%	0.35%	0.05%
M	F	0.09%	0.17%	0.09%
MAS	D	0.09%	0.59%	0.09%
MUSA	B	0.16%	0.37%	0.16%
OMC	C	0.12%	0.77%	0.12%
POOL	C	0.15%	0.5%	0.15%
RHI	C	0.06%	0.3%	0.06%
RL	C	0.12%	0.34%	0.12%
ROL	B	0.22%	0.55%	0.22%
SKX	D	0.14%	0.3%	0.14%
SYY	D	0.35%	0.86%	0.35%
TOL	B	0.16%	0.39%	0.16%
TPR	B	0.27%	0.6%	0.27%
TPX	B	0.14%	0.38%	0.14%
TSCO	D	0.89%	0.89%	0.89%
TXRH	B	0.45%	0.51%	0.45%
UAL	A	0.08%	0.54%	0.08%
ULTA	F	0.7%	0.7%	0.7%
VFC	C	0.14%	0.23%	0.14%
WBA	F	0.06%	0.17%	0.06%
WEN	D	0.08%	0.06%	0.06%
WING	D	0.39%	0.29%	0.29%
WSM	C	0.51%	0.82%	0.51%
YUM	D	0.82%	0.89%	0.82%

IEDI Overweight 122 Positions Relative to FLQM

Symbol	Grade	Weight
HD	B	12.26%
AMZN	C	8.78%
COST	A	8.55%
WMT	A	7.56%
TJX	A	4.58%
LOW	C	4.3%
CMG	B	2.85%
ORLY	B	2.11%
MCD	D	1.93%
TGT	F	1.9%
SBUX	A	1.86%
ROST	D	1.83%
META	D	1.68%
HLT	A	1.31%
MAR	A	1.29%
NKE	F	1.1%
AZO	C	1.08%
UBER	F	1.02%
DIS	B	0.83%
DRI	B	0.74%
V	A	0.72%
BURL	B	0.71%
DASH	B	0.7%
NFLX	A	0.69%
CTAS	B	0.61%
RCL	A	0.5%
ABNB	C	0.48%
CPRT	B	0.48%
DPZ	C	0.47%
FERG	B	0.46%
CVNA	B	0.45%
DLTR	F	0.44%
SQ	A	0.44%
DKNG	B	0.4%
PYPL	B	0.4%
SFM	A	0.38%
FND	D	0.37%
STZ	D	0.34%
CAVA	B	0.32%
KMX	B	0.31%
PLNT	A	0.29%
USFD	A	0.26%
LYV	A	0.24%
PG	C	0.24%
OLLI	D	0.22%
PFGC	B	0.2%
INTU	B	0.2%
SCI	B	0.2%
TOST	B	0.2%
CHDN	B	0.2%
LAD	A	0.19%
UPS	C	0.19%
TSN	B	0.18%
CCL	A	0.18%
WH	B	0.17%
FIVE	F	0.16%
RH	C	0.16%
FRPT	A	0.15%
HST	C	0.15%
PINS	F	0.15%
MTN	C	0.15%
ARMK	B	0.15%
GME	C	0.15%
CZR	F	0.14%
MGM	D	0.14%
NCLH	B	0.14%
H	B	0.13%
TTWO	A	0.13%
ELF	C	0.13%
CL	D	0.13%
ANF	F	0.13%
ASO	F	0.12%
SHAK	C	0.12%
BOOT	C	0.12%
EAT	A	0.12%
VVV	D	0.11%
BYD	B	0.11%
FDX	B	0.11%
MKC	C	0.11%
DUOL	A	0.11%
LUV	C	0.11%
KTB	B	0.11%
TKO	A	0.1%
ABG	C	0.1%
Z	A	0.1%
W	D	0.1%
SIG	B	0.1%
CPAY	A	0.09%
RHP	B	0.09%
AEO	F	0.09%
SHOO	F	0.09%
HOOD	B	0.09%
SJM	D	0.08%
SNAP	D	0.08%
HSIC	C	0.08%
ALK	B	0.08%
BFAM	D	0.08%
URBN	C	0.08%
IPG	D	0.08%
CBOE	C	0.07%
BLD	D	0.07%
AFRM	A	0.07%
FUN	C	0.07%
MSGS	A	0.07%
AAP	D	0.07%
UHAL	D	0.07%
FCFS	F	0.07%
SITE	F	0.07%
LNW	F	0.07%
LYFT	C	0.07%
PZZA	F	0.06%
CPRI	F	0.06%
LANC	C	0.06%
CNK	C	0.06%
CAG	F	0.06%
FL	F	0.06%
NYT	D	0.06%
FOUR	A	0.06%
TNL	A	0.06%
AAL	B	0.06%
RRR	F	0.06%
HAS	D	0.05%

IEDI Underweight 146 Positions Relative to FLQM

Symbol	Grade	Weight
FICO	B	-1.62%
GRMN	B	-1.17%
ODFL	C	-1.12%
SYF	B	-1.11%
DAL	B	-1.1%
AVB	B	-1.09%
ALL	A	-1.09%
MSCI	C	-1.09%
PAYX	B	-1.08%
RMD	C	-1.06%
HIG	B	-1.05%
TPL	A	-1.04%
DHI	F	-1.0%
DOV	A	-1.0%
PHM	D	-0.99%
LNG	A	-0.96%
HPQ	B	-0.94%
WAT	C	-0.94%
HPE	B	-0.93%
OTIS	C	-0.93%
NTAP	C	-0.91%
CINF	A	-0.9%
CHD	A	-0.89%
AWK	C	-0.86%
BAH	F	-0.85%
BLDR	D	-0.85%
LII	A	-0.84%
FANG	C	-0.84%
CMI	A	-0.84%
RF	A	-0.83%
NVR	D	-0.79%
MTD	F	-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%
RS	B	-0.7%
VRSK	A	-0.69%
WSO	A	-0.67%
VRSN	C	-0.67%
EXPD	C	-0.67%
AVY	F	-0.62%
UTHR	C	-0.62%
RPM	A	-0.61%
CF	A	-0.61%
ACGL	C	-0.61%
INCY	C	-0.61%
THC	D	-0.59%
EG	C	-0.58%
VTRS	A	-0.57%
TER	F	-0.54%
GGG	B	-0.53%
NBIX	C	-0.52%
HSY	F	-0.52%
FFIV	B	-0.5%
NDSN	B	-0.49%
EHC	B	-0.49%
VLTO	C	-0.49%
UNM	A	-0.48%
UHS	D	-0.48%
ALSN	B	-0.47%
CHRW	B	-0.47%
OVV	B	-0.46%
LECO	C	-0.46%
CW	C	-0.46%
JBL	C	-0.45%
ALLE	C	-0.45%
CPT	B	-0.44%
JNPR	D	-0.42%
ELS	C	-0.42%
GL	C	-0.42%
SAIA	B	-0.42%
RPRX	D	-0.4%
PAYC	B	-0.4%
SEIC	B	-0.37%
BXP	C	-0.37%
LDOS	C	-0.37%
K	A	-0.37%
DCI	B	-0.36%
LKQ	F	-0.36%
DOX	D	-0.35%
ALLY	C	-0.35%
KNSL	B	-0.34%
MTG	C	-0.32%
ORI	A	-0.31%
TTC	C	-0.3%
G	B	-0.29%
APA	D	-0.28%
NNN	C	-0.28%
PB	B	-0.27%
CACI	D	-0.27%
AMG	B	-0.25%
R	B	-0.25%
VNT	C	-0.24%
EGP	D	-0.24%
WPC	C	-0.23%
DINO	D	-0.23%
LSTR	D	-0.23%
AM	A	-0.22%
DVA	C	-0.22%
JHG	B	-0.21%
NFG	A	-0.2%
STAG	D	-0.2%
SEE	C	-0.2%
OMF	A	-0.2%
BC	C	-0.2%
WU	F	-0.19%
SON	F	-0.18%
DTM	A	-0.18%
FOXA	A	-0.18%
OGN	F	-0.17%
CRUS	D	-0.17%
AGO	B	-0.17%
AYI	B	-0.17%
MSM	C	-0.17%
CHRD	D	-0.16%
DLB	B	-0.16%
SOLV	D	-0.16%
LOPE	C	-0.15%
KRC	B	-0.14%
HIW	C	-0.14%
PII	F	-0.14%
COKE	C	-0.13%
ACHC	F	-0.13%
COLB	B	-0.12%
AVT	C	-0.12%
COLM	C	-0.11%
MAN	F	-0.11%
IVZ	B	-0.11%
PAG	B	-0.11%
AWI	A	-0.11%
NEU	D	-0.11%
CIVI	D	-0.1%
APPF	B	-0.09%
CUZ	B	-0.08%
SNDR	B	-0.06%
CNA	C	-0.04%
SIRI	C	-0.03%
DDS	B	-0.03%
CNXC	F	-0.03%
PLTK	B	-0.02%