IVOV vs. FLQM ETF Comparison

Comparison of Vanguard S&P Mid-Cap 400 Value ETF (IVOV) to Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM)

IVOV

Vanguard S&P Mid-Cap 400 Value ETF

IVOV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P MidCap 400Â® Value Index, which represents the value companies of the S&P MidCap 400 Index. The index measures the performance of mid-capitalization value stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$94.54

Average Daily Volume

13,519

Number of Holdings ^*

284

* 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

$55.20

Average Daily Volume

126,447

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	IVOV	FLQM
30 Days	0.98%	1.41%
60 Days	5.28%	3.62%
90 Days	9.47%	8.96%
12 Months	26.64%	31.91%

57 Overlapping Holdings

Symbol	Grade	Weight in IVOV	Weight in FLQM	Overlap
ALLY	F	0.86%	0.34%	0.34%
AM	A	0.15%	0.21%	0.15%
AMG	B	0.4%	0.24%	0.24%
AN	D	0.32%	0.21%	0.21%
AVT	C	0.36%	0.12%	0.12%
AYI	A	0.28%	0.15%	0.15%
BC	D	0.15%	0.21%	0.15%
BJ	C	0.77%	0.44%	0.44%
CACI	A	0.5%	0.3%	0.3%
CHE	C	0.26%	0.3%	0.26%
CHH	C	0.11%	0.14%	0.11%
CNXC	F	0.26%	0.04%	0.04%
COLB	C	0.38%	0.1%	0.1%
COLM	D	0.1%	0.11%	0.1%
CRI	D	0.17%	0.11%	0.11%
CRUS	D	0.24%	0.21%	0.21%
CUZ	C	0.31%	0.08%	0.08%
CW	A	0.31%	0.43%	0.31%
DCI	C	0.27%	0.35%	0.27%
DINO	D	0.53%	0.25%	0.25%
DKS	D	0.47%	0.53%	0.47%
DLB	C	0.13%	0.17%	0.13%
DTM	A	0.2%	0.14%	0.14%
EGP	D	0.25%	0.26%	0.25%
EHC	B	0.37%	0.48%	0.37%
ELS	D	0.35%	0.42%	0.35%
FLO	D	0.32%	0.2%	0.2%
G	A	0.47%	0.26%	0.26%
GAP	F	0.35%	0.07%	0.07%
JHG	B	0.35%	0.18%	0.18%
JWN	D	0.16%	0.1%	0.1%
KRC	C	0.28%	0.14%	0.14%
LAMR	C	0.34%	0.2%	0.2%
LSTR	F	0.15%	0.24%	0.15%
M	F	0.31%	0.18%	0.18%
MAN	D	0.26%	0.13%	0.13%
MSM	D	0.12%	0.18%	0.12%
MTG	B	0.3%	0.34%	0.3%
NFG	A	0.4%	0.19%	0.19%
NNN	A	0.39%	0.32%	0.32%
ORI	B	0.66%	0.29%	0.29%
PAG	D	0.24%	0.12%	0.12%
PB	D	0.51%	0.24%	0.24%
PII	D	0.33%	0.18%	0.18%
R	C	0.46%	0.23%	0.23%
RPM	B	0.5%	0.56%	0.5%
SEIC	B	0.24%	0.32%	0.24%
SON	D	0.4%	0.2%	0.2%
STAG	D	0.27%	0.22%	0.22%
THC	D	1.17%	0.65%	0.65%
TPL	A	0.39%	0.66%	0.39%
TTC	D	0.36%	0.32%	0.32%
UNM	A	0.72%	0.39%	0.39%
UTHR	C	0.64%	0.63%	0.63%
WEN	D	0.09%	0.06%	0.06%
WPC	C	0.95%	0.26%	0.26%
WU	D	0.3%	0.22%	0.22%

IVOV Overweight 227 Positions Relative to FLQM

Symbol	Grade	Weight
ILMN	B	1.52%
FNF	B	1.11%
RGA	C	1.05%
USFD	C	0.97%
JLL	C	0.88%
PFGC	A	0.84%
RRX	C	0.81%
COHR	A	0.75%
JEF	A	0.74%
AVTR	D	0.74%
ARMK	B	0.7%
SNX	D	0.68%
GPK	D	0.67%
FHN	D	0.66%
SF	A	0.65%
AFG	B	0.63%
FLR	C	0.62%
KNX	D	0.61%
X	F	0.61%
CHK	D	0.6%
WBS	D	0.59%
GMED	D	0.59%
GLPI	A	0.58%
BERY	C	0.57%
AR	B	0.57%
AA	B	0.57%
OGE	A	0.57%
BMRN	F	0.55%
SSB	C	0.54%
ZION	D	0.53%
ADC	B	0.53%
ACM	A	0.53%
TMHC	C	0.52%
ARW	C	0.52%
WCC	D	0.52%
NOV	F	0.51%
OSK	F	0.51%
XPO	F	0.51%
WTFC	C	0.51%
BURL	D	0.5%
ESNT	C	0.5%
MTZ	A	0.5%
REXR	D	0.49%
SNV	D	0.49%
FAF	C	0.48%
LEA	F	0.48%
DAR	F	0.48%
FYBR	C	0.47%
GME	D	0.46%
SFM	A	0.45%
CMC	D	0.45%
CLF	F	0.45%
STWD	C	0.45%
ONB	D	0.45%
RNR	A	0.44%
EQH	C	0.44%
CADE	D	0.43%
OHI	C	0.42%
VMI	B	0.42%
ST	F	0.42%
POST	D	0.42%
AGCO	D	0.41%
INGR	B	0.41%
IBKR	A	0.41%
LAD	C	0.41%
CCK	C	0.41%
THO	C	0.41%
KRG	C	0.41%
WHR	C	0.4%
SRCL	A	0.4%
VNO	A	0.4%
SCI	D	0.4%
PVH	F	0.4%
ERIE	B	0.39%
NXST	F	0.39%
GBCI	C	0.39%
EWBC	D	0.39%
FNB	D	0.39%
KD	D	0.39%
HOMB	D	0.38%
UGI	C	0.38%
MDU	C	0.38%
UBSI	D	0.38%
CUBE	C	0.38%
XRAY	D	0.38%
THG	C	0.38%
WTRG	D	0.37%
AMH	D	0.37%
CIEN	A	0.36%
POR	D	0.36%
KBR	B	0.36%
IRT	D	0.34%
ASH	F	0.33%
PNFP	D	0.33%
CG	B	0.33%
UMBF	C	0.33%
NJR	C	0.33%
HOG	D	0.33%
BRX	C	0.33%
SAIC	A	0.32%
BDC	B	0.32%
SWX	C	0.32%
ASGN	D	0.32%
RGLD	C	0.32%
CBSH	D	0.32%
AVNT	C	0.32%
JAZZ	F	0.31%
SLGN	C	0.31%
VOYA	A	0.31%
BKH	C	0.3%
ATR	A	0.3%
CFR	D	0.3%
SBRA	C	0.29%
PRGO	F	0.29%
TKO	A	0.29%
ORA	C	0.29%
KEX	C	0.29%
SR	D	0.28%
MKSI	F	0.28%
CGNX	F	0.28%
LITE	A	0.28%
OGS	C	0.28%
FR	D	0.28%
ALE	A	0.27%
PNM	B	0.27%
VLY	C	0.27%
CNO	C	0.27%
MIDD	D	0.27%
KMPR	D	0.27%
CNM	F	0.26%
PBF	F	0.26%
CYTK	D	0.26%
FLS	B	0.26%
MAT	D	0.26%
ASB	F	0.25%
HQY	C	0.25%
NEOG	F	0.25%
AMKR	F	0.25%
BRBR	A	0.25%
PCH	C	0.25%
NWE	B	0.24%
TKR	D	0.24%
TCBI	C	0.23%
NVST	D	0.23%
IDA	D	0.23%
GATX	F	0.23%
ALV	F	0.22%
OLN	C	0.22%
KBH	C	0.22%
MUR	F	0.22%
BHF	F	0.21%
CXT	F	0.21%
CC	D	0.21%
SLM	C	0.21%
CVLT	C	0.2%
EVR	C	0.2%
FHI	C	0.2%
GHC	C	0.2%
NOVT	D	0.2%
RCM	B	0.2%
FFIN	D	0.2%
SRPT	F	0.19%
GNTX	D	0.19%
RYN	C	0.19%
BRKR	D	0.19%
HXL	F	0.19%
EXPO	A	0.19%
VAC	D	0.18%
SIGI	D	0.18%
OPCH	F	0.18%
GT	F	0.18%
VSH	F	0.18%
EXLS	A	0.18%
ENOV	F	0.17%
ENS	D	0.17%
MTN	D	0.17%
TGNA	C	0.17%
RH	C	0.16%
WH	C	0.16%
EEFT	F	0.16%
CPRI	B	0.16%
LPX	C	0.16%
RLI	A	0.16%
OZK	D	0.16%
GXO	D	0.16%
MTSI	C	0.16%
HWC	D	0.16%
DOCS	A	0.16%
ZD	D	0.16%
LFUS	D	0.15%
ADNT	D	0.15%
PPC	D	0.14%
ZI	D	0.14%
SYNA	F	0.14%
POWI	F	0.14%
CBT	C	0.14%
IBOC	D	0.14%
CHX	C	0.14%
MASI	B	0.14%
LANC	F	0.13%
SMG	B	0.13%
AMED	D	0.13%
GEF	D	0.12%
NSA	C	0.12%
TEX	F	0.12%
NSP	F	0.12%
LIVN	B	0.12%
MMS	C	0.11%
ALGM	F	0.11%
HAE	D	0.11%
VC	F	0.11%
IRDM	B	0.11%
SAM	C	0.1%
EPR	C	0.1%
UAA	B	0.1%
UA	B	0.1%
YETI	C	0.09%
HELE	D	0.09%
BLKB	C	0.09%
KNF	C	0.09%
MP	B	0.08%
IPGP	D	0.08%
WMG	C	0.07%
TNL	C	0.07%
AZTA	F	0.07%
HGV	F	0.07%
WOLF	F	0.05%

IVOV Underweight 140 Positions Relative to FLQM

Symbol	Grade	Weight
FICO	A	-1.39%
DHI	C	-1.18%
IT	B	-1.13%
RMD	C	-1.09%
AVB	C	-1.09%
PHM	A	-1.09%
MSCI	B	-1.06%
ALL	C	-1.05%
HIG	B	-1.05%
GWW	B	-1.05%
PAYX	A	-1.03%
ODFL	F	-1.03%
FAST	C	-1.01%
EA	D	-1.0%
KR	C	-0.99%
MTD	B	-0.99%
GRMN	D	-0.99%
BBY	C	-0.98%
BAH	A	-0.98%
EBAY	A	-0.97%
OTIS	A	-0.97%
DOV	B	-0.97%
WAT	B	-0.96%
NTAP	D	-0.96%
IDXX	D	-0.95%
CDW	D	-0.95%
WSM	B	-0.94%
HPQ	B	-0.94%
YUM	B	-0.93%
BLDR	B	-0.92%
TSCO	B	-0.92%
DAL	C	-0.91%
AWK	C	-0.91%
SYY	D	-0.9%
HPE	B	-0.89%
NVR	B	-0.86%
SYF	B	-0.86%
LYB	F	-0.84%
LII	C	-0.84%
CHD	D	-0.84%
ULTA	D	-0.82%
OMC	C	-0.82%
CINF	B	-0.81%
MANH	C	-0.81%
LNG	A	-0.81%
DECK	B	-0.8%
FANG	C	-0.78%
CMI	A	-0.76%
GDDY	D	-0.76%
CLX	C	-0.75%
GPC	D	-0.75%
EXPD	D	-0.73%
RF	C	-0.73%
TER	C	-0.72%
ACGL	B	-0.72%
DVN	F	-0.72%
TROW	D	-0.7%
AVY	D	-0.7%
VRSN	B	-0.7%
STLD	B	-0.69%
RS	D	-0.67%
VRSK	C	-0.66%
WSO	C	-0.64%
MAS	A	-0.64%
SNA	A	-0.63%
EG	B	-0.61%
UHS	D	-0.6%
HSY	F	-0.6%
CF	A	-0.6%
ROL	C	-0.56%
VLTO	A	-0.54%
INCY	B	-0.53%
GGG	C	-0.52%
NBIX	F	-0.52%
POOL	B	-0.52%
NDSN	C	-0.51%
TPR	C	-0.51%
VTRS	D	-0.51%
ALLE	A	-0.48%
CPT	C	-0.47%
FFIV	B	-0.47%
CASY	D	-0.47%
TXRH	C	-0.47%
JNPR	B	-0.46%
CHRW	C	-0.46%
JBL	C	-0.45%
LECO	F	-0.44%
RPRX	D	-0.44%
GL	C	-0.43%
LKQ	F	-0.39%
ALSN	A	-0.39%
TOL	A	-0.39%
HRB	C	-0.39%
LDOS	A	-0.38%
K	A	-0.38%
OVV	D	-0.38%
TPX	C	-0.38%
WING	C	-0.38%
BXP	C	-0.38%
ACI	F	-0.36%
SAIA	D	-0.36%
MUSA	D	-0.36%
UAL	B	-0.36%
DOX	B	-0.36%
SKX	D	-0.35%
KNSL	C	-0.34%
DG	F	-0.34%
RL	B	-0.33%
EXPE	B	-0.32%
LW	D	-0.31%
PAYC	D	-0.31%
APA	F	-0.29%
CROX	C	-0.29%
RHI	D	-0.28%
ACHC	F	-0.27%
BBWI	F	-0.26%
DVA	C	-0.23%
VFC	B	-0.23%
VNT	F	-0.22%
OGN	F	-0.22%
SEE	D	-0.21%
WBA	F	-0.17%
SOLV	C	-0.17%
FOXA	A	-0.17%
OMF	F	-0.17%
CHRD	F	-0.16%
AGO	B	-0.15%
HIW	C	-0.15%
COKE	C	-0.14%
LOPE	D	-0.13%
IVZ	B	-0.12%
NEU	F	-0.12%
AWI	A	-0.1%
APPF	C	-0.09%
CIVI	F	-0.09%
KSS	D	-0.08%
SNDR	C	-0.06%
CNA	D	-0.04%
DDS	D	-0.03%
PLTK	C	-0.02%