LVOL vs. FLQL ETF Comparison

Comparison of American Century Low Volatility ETF (LVOL) to Franklin LibertyQ U.S. Equity ETF (FLQL)

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$54.23

Average Daily Volume

266

Number of Holdings ^*

* 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

$57.03

Average Daily Volume

49,636

Number of Holdings ^*

208

* may have additional holdings in another (foreign) market

Performance

Period	LVOL	FLQL
30 Days	3.29%	1.41%
60 Days	3.40%	1.49%
90 Days	5.71%	2.10%
12 Months	20.58%	29.65%

41 Overlapping Holdings

Symbol	Grade	Weight in LVOL	Weight in FLQL	Overlap
AAPL	D	6.71%	6.79%	6.71%
ABBV	B	0.1%	1.8%	0.1%
AMZN	C	2.05%	2.86%	2.05%
APH	D	1.75%	0.54%	0.54%
BRK.A	C	2.48%	1.18%	1.18%
BSX	B	1.07%	0.72%	0.72%
CB	B	1.2%	0.45%	0.45%
CDW	D	0.11%	0.17%	0.11%
CHE	C	0.08%	0.1%	0.08%
CL	C	1.02%	0.57%	0.57%
CMCSA	D	0.38%	1.06%	0.38%
CMI	C	0.99%	0.16%	0.16%
COST	B	2.06%	1.79%	1.79%
CSCO	C	2.52%	1.41%	1.41%
CTAS	B	1.76%	0.36%	0.36%
CTSH	B	1.45%	0.26%	0.26%
CW	B	0.1%	0.11%	0.1%
DCI	D	0.08%	0.09%	0.08%
FAST	C	0.48%	0.3%	0.3%
GD	B	0.96%	0.33%	0.33%
GOOG	D	0.68%	1.61%	0.68%
GOOGL	D	2.03%	1.88%	1.88%
GRMN	D	0.32%	0.21%	0.21%
GWW	B	0.47%	0.36%	0.36%
HIG	B	0.66%	0.15%	0.15%
IBM	A	0.63%	1.42%	0.63%
ITT	C	0.08%	0.1%	0.08%
JNJ	B	2.92%	1.82%	1.82%
LLY	C	0.15%	1.86%	0.15%
MA	A	2.41%	1.78%	1.78%
MAS	B	0.19%	0.13%	0.13%
MCO	B	0.88%	0.58%	0.58%
MRK	D	1.85%	1.41%	1.41%
MSFT	C	8.08%	6.52%	6.52%
MSI	B	0.81%	0.46%	0.46%
NTAP	D	0.28%	0.22%	0.22%
PKG	B	0.22%	0.13%	0.13%
RSG	B	1.02%	0.34%	0.34%
SYK	B	0.69%	1.0%	0.69%
WM	D	0.89%	0.79%	0.79%
WMT	B	0.35%	1.31%	0.35%

LVOL Overweight 57 Positions Relative to FLQL

Symbol	Grade	Weight
V	A	3.09%
PG	A	2.79%
ACN	C	2.59%
HD	B	2.42%
LIN	B	2.34%
MMC	A	1.96%
KO	B	1.96%
MDT	B	1.88%
TEL	D	1.67%
SPGI	A	1.48%
INTU	C	1.46%
ABT	B	1.4%
PEP	B	1.39%
PAYX	B	1.26%
DOX	C	1.26%
MCD	B	1.25%
HON	D	1.21%
SHW	A	1.0%
PTC	D	0.94%
ECL	A	0.86%
ROP	B	0.77%
DOV	B	0.76%
ITW	B	0.76%
EA	C	0.69%
ADSK	B	0.68%
TDY	B	0.62%
NDSN	C	0.56%
AMP	B	0.56%
KMB	C	0.56%
TRV	A	0.5%
IT	B	0.45%
VRSK	D	0.45%
YUM	B	0.44%
OTIS	C	0.36%
SNA	B	0.32%
LOW	B	0.29%
BR	B	0.29%
BLK	A	0.27%
HOLX	B	0.22%
MDLZ	B	0.21%
AVY	B	0.2%
DLB	D	0.19%
VRSN	D	0.19%
CRM	D	0.18%
IEX	D	0.17%
FDS	C	0.17%
ZBH	D	0.17%
JKHY	A	0.15%
FFIV	A	0.14%
ORLY	B	0.13%
AON	B	0.1%
AJG	A	0.1%
AXP	B	0.09%
GGG	C	0.08%
LSTR	D	0.08%
AVB	B	0.06%
VLTO	B	0.04%

LVOL Underweight 167 Positions Relative to FLQL

Symbol	Grade	Weight
NVDA	D	-4.95%
META	B	-2.5%
AVGO	C	-1.76%
AMGN	B	-1.32%
VZ	A	-1.31%
TXN	D	-1.31%
ISRG	B	-1.25%
CAT	C	-1.24%
JPM	D	-1.18%
VRTX	C	-1.08%
QCOM	D	-1.08%
AMAT	D	-1.05%
BKNG	B	-1.03%
TJX	B	-0.99%
REGN	C	-0.96%
T	A	-0.94%
C	D	-0.92%
MO	C	-0.87%
ETN	C	-0.87%
KLAC	D	-0.86%
LRCX	F	-0.84%
TSLA	C	-0.75%
ANET	C	-0.75%
HCA	A	-0.63%
CI	B	-0.62%
CMG	C	-0.6%
PGR	B	-0.58%
ZTS	B	-0.58%
TT	A	-0.56%
MPC	F	-0.52%
SPG	B	-0.47%
DHI	B	-0.46%
PH	B	-0.46%
PCAR	D	-0.45%
XOM	D	-0.44%
MCK	F	-0.44%
PSA	A	-0.42%
URI	C	-0.38%
VLO	F	-0.36%
LEN	B	-0.36%
TMUS	A	-0.36%
IDXX	C	-0.33%
ACGL	A	-0.32%
MCHP	D	-0.3%
HPQ	D	-0.28%
HLT	B	-0.27%
NUE	D	-0.26%
PHM	B	-0.25%
NVR	B	-0.24%
DECK	C	-0.23%
GM	C	-0.23%
EMR	D	-0.22%
LYB	F	-0.2%
FANG	F	-0.19%
HPE	F	-0.18%
SYF	D	-0.17%
LDOS	B	-0.17%
WSM	C	-0.17%
BLDR	C	-0.17%
GDDY	D	-0.16%
STLD	F	-0.15%
HWM	B	-0.15%
PEG	A	-0.15%
IRM	A	-0.14%
LII	A	-0.14%
TOL	B	-0.14%
CSL	C	-0.14%
UTHR	C	-0.13%
GLW	C	-0.13%
RS	D	-0.13%
TSCO	B	-0.13%
UHS	B	-0.13%
COKE	C	-0.13%
WSO	C	-0.12%
WAB	B	-0.12%
HIW	A	-0.12%
OC	C	-0.12%
CLH	B	-0.12%
JEF	B	-0.12%
CASY	C	-0.12%
OHI	B	-0.12%
DKS	D	-0.12%
CUZ	B	-0.12%
PPC	D	-0.12%
LPLA	F	-0.12%
EBAY	A	-0.12%
HRB	C	-0.12%
SWKS	F	-0.12%
RGA	B	-0.12%
DPZ	D	-0.12%
AWI	C	-0.11%
EXP	A	-0.11%
ETR	A	-0.11%
R	B	-0.11%
JNPR	B	-0.11%
LEN	B	-0.11%
SCCO	D	-0.11%
INGR	B	-0.11%
ESS	A	-0.11%
EHC	B	-0.11%
ALSN	B	-0.11%
MUSA	B	-0.11%
TXRH	D	-0.11%
THC	B	-0.11%
CRUS	D	-0.11%
EPR	B	-0.11%
EVR	B	-0.11%
CF	C	-0.11%
BBY	B	-0.11%
DAL	C	-0.11%
CFG	C	-0.11%
MTG	B	-0.11%
NNN	B	-0.11%
OGN	C	-0.1%
EMN	A	-0.1%
CE	D	-0.1%
AGO	C	-0.1%
JBL	D	-0.1%
SAIC	B	-0.1%
MDU	B	-0.1%
DVA	A	-0.1%
CRI	C	-0.1%
MEDP	D	-0.1%
IBKR	B	-0.1%
KRC	C	-0.1%
AXS	B	-0.1%
NBIX	D	-0.1%
NFG	A	-0.1%
IP	B	-0.1%
CACI	B	-0.1%
LAMR	A	-0.1%
APP	B	-0.1%
DELL	D	-0.1%
BLD	D	-0.1%
NEU	C	-0.1%
TER	D	-0.09%
LNC	D	-0.09%
PK	F	-0.09%
OMF	D	-0.09%
RL	B	-0.09%
AVT	D	-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%
SLM	D	-0.09%
WING	B	-0.09%
NRG	C	-0.09%
TNL	F	-0.09%
LOPE	D	-0.09%
WU	F	-0.09%
SMCI	F	-0.09%
PSTG	D	-0.08%
NVT	D	-0.08%
CROX	C	-0.08%
APA	F	-0.08%
GNTX	F	-0.08%
SNX	D	-0.08%
X	D	-0.08%
BJ	D	-0.08%
OSK	D	-0.08%
GAP	F	-0.07%
CIVI	F	-0.07%
M	D	-0.07%
BBWI	F	-0.05%