IQM vs. SSG ETF Comparison

Comparison of Franklin Intelligent Machines ETF (IQM) to ProShares UltraShort Semiconductors (SSG)

IQM

Franklin Intelligent Machines ETF

IQM Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.74

Average Daily Volume

4,362

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SSG

ProShares UltraShort Semiconductors

SSG Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. SemiconductorsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the semiconductor sub-sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.13

Average Daily Volume

37,855

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQM	SSG
30 Days	7.46%	-0.60%
60 Days	9.03%	-18.58%
90 Days	7.71%	-12.62%
12 Months	42.26%	-80.59%

12 Overlapping Holdings

Symbol	Grade	Weight in IQM	Weight in SSG	Overlap
ADI	D	1.36%	3.48%	1.36%
AMAT	F	2.49%	4.58%	2.49%
AMD	F	2.09%	4.48%	2.09%
AVGO	D	2.12%	9.66%	2.12%
ENTG	D	0.65%	0.6%	0.6%
KLAC	D	1.31%	2.23%	1.31%
LRCX	F	1.19%	3.53%	1.19%
MCHP	D	0.3%	2.06%	0.3%
MPWR	F	0.19%	0.58%	0.19%
NVDA	C	13.78%	12.05%	12.05%
TER	D	1.45%	0.93%	0.93%
TXN	C	0.7%	9.72%	0.7%

IQM Overweight 37 Positions Relative to SSG

Symbol	Grade	Weight
ISRG	A	5.7%
AXON	A	5.49%
TSLA	B	4.19%
AAPL	C	4.09%
TSM	B	4.05%
CDNS	B	3.99%
SNPS	B	3.87%
ASML	F	2.85%
PWR	A	2.63%
ADSK	A	1.94%
APH	A	1.33%
UBER	D	1.33%
PTC	A	1.31%
VMI	B	1.2%
ALTR	B	1.2%
GEV	B	1.16%
VRT	B	1.1%
ETN	A	1.04%
ZBRA	B	1.02%
AVAV	D	1.0%
CRWD	B	0.85%
ROP	B	0.84%
KEYS	A	0.8%
PRCT	B	0.71%
IDXX	F	0.71%
BKR	B	0.55%
IOT	A	0.53%
TRMB	B	0.48%
NXPI	D	0.45%
BSY	D	0.39%
FSLR	F	0.36%
PSTG	D	0.35%
PLTR	B	0.33%
SITM	B	0.31%
FTI	A	0.26%
OII	B	0.26%
ALGN	D	0.22%

IQM Underweight 13 Positions Relative to SSG

Symbol	Grade	Weight
INTC	D	-20.47%
QCOM	F	-8.64%
MU	D	-5.04%
SWKS	F	-1.67%
MRVL	B	-1.5%
QRVO	F	-1.06%
ON	D	-0.81%
OLED	D	-0.71%
MKSI	C	-0.5%
SLAB	D	-0.41%
CRUS	D	-0.38%
SMTC	B	-0.29%
IDCC	A	-0.15%

IQM: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Software - Application Software - Infrastructure Oil & Gas Equipment & Services Aerospace & Defense Diversified Industrials Medical Devices Scientific & Technical Instruments Auto Manufacturers Conglomerates Consumer Electronics Data Storage Diagnostics & Research Electronic Components Engineering & Construction Medical Instruments & Supplies Metal Fabrication Solar Specialty Industrial Machinery