PY vs. FLQL ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to Franklin LibertyQ U.S. Equity ETF (FLQL)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$51.93

Average Daily Volume

5,520

Number of Holdings ^*

105

* 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

$59.85

Average Daily Volume

76,630

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

Performance

Period	PY	FLQL
30 Days	4.03%	2.44%
60 Days	5.45%	3.55%
90 Days	7.68%	4.50%
12 Months	30.80%	31.26%

33 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in FLQL	Overlap
AAPL	C	3.82%	7.0%	3.82%
AVB	B	0.75%	0.1%	0.1%
AVGO	D	2.35%	1.77%	1.77%
CAT	B	1.18%	1.27%	1.18%
CB	C	0.91%	0.56%	0.56%
CF	B	0.77%	0.11%	0.11%
CI	F	0.81%	0.56%	0.56%
CTSH	B	0.8%	0.24%	0.24%
EBAY	D	0.77%	0.17%	0.17%
EMN	D	0.72%	0.1%	0.1%
ESS	B	0.72%	0.11%	0.11%
FANG	D	0.75%	0.2%	0.2%
FOXA	B	0.83%	0.11%	0.11%
HIG	B	0.75%	0.19%	0.19%
HPE	B	0.88%	0.21%	0.21%
HPQ	B	0.79%	0.29%	0.29%
KMB	D	0.69%	0.14%	0.14%
LMT	D	0.88%	0.4%	0.4%
LYB	F	0.64%	0.16%	0.16%
MO	A	0.89%	0.85%	0.85%
MSFT	F	3.5%	5.96%	3.5%
NVDA	C	3.38%	6.71%	3.38%
QCOM	F	1.07%	1.22%	1.07%
RL	B	0.84%	0.12%	0.12%
RTX	C	1.0%	0.5%	0.5%
SPG	B	0.85%	0.46%	0.46%
STLD	B	0.88%	0.16%	0.16%
SWKS	F	0.6%	0.09%	0.09%
SYF	B	0.97%	0.21%	0.21%
TJX	A	0.98%	0.95%	0.95%
TT	A	1.0%	0.65%	0.65%
VICI	C	0.7%	0.1%	0.1%
XOM	B	1.82%	0.63%	0.63%

PY Overweight 72 Positions Relative to FLQL

Symbol	Grade	Weight
HD	A	1.58%
WFC	A	1.43%
CVX	A	1.35%
MS	A	1.26%
ACN	C	1.18%
AXP	A	1.13%
CMCSA	B	1.09%
LOW	D	1.06%
BMY	B	1.05%
ADP	B	1.01%
DFS	B	1.0%
AMP	A	0.99%
TRGP	B	0.97%
PNC	B	0.96%
EQT	B	0.94%
BKR	B	0.94%
SNA	A	0.93%
DE	A	0.91%
BK	A	0.91%
ITW	B	0.9%
MMC	B	0.88%
PNR	A	0.87%
TRV	B	0.86%
CSX	B	0.86%
SLB	C	0.85%
RF	A	0.85%
FITB	A	0.85%
MET	A	0.85%
PAYX	C	0.85%
PRU	A	0.84%
KR	B	0.84%
FDX	B	0.83%
OTIS	C	0.82%
NKE	D	0.82%
ROK	B	0.82%
PLD	D	0.82%
AIG	B	0.81%
VLO	C	0.8%
NDAQ	A	0.8%
CINF	A	0.79%
BR	A	0.79%
PSX	C	0.79%
WTW	B	0.79%
AIZ	A	0.78%
DD	D	0.78%
TAP	C	0.78%
CVS	D	0.78%
MDLZ	F	0.77%
BEN	C	0.77%
MRO	B	0.76%
DRI	B	0.76%
HAL	C	0.76%
BBWI	D	0.75%
MPC	D	0.75%
NDSN	B	0.74%
PPG	F	0.73%
ALLE	D	0.73%
SYY	B	0.72%
OXY	D	0.72%
MAA	B	0.7%
CPT	B	0.69%
EG	C	0.68%
INVH	D	0.67%
GPC	D	0.66%
HSY	F	0.66%
AOS	F	0.66%
ARE	D	0.66%
SBAC	D	0.66%
HRL	D	0.65%
MKC	D	0.65%
ADM	D	0.65%
GIS	D	0.65%

PY Underweight 177 Positions Relative to FLQL

Symbol	Grade	Weight
AMZN	C	-2.92%
META	D	-2.48%
GOOGL	C	-2.04%
MA	C	-1.79%
GOOG	C	-1.73%
COST	B	-1.7%
WMT	A	-1.68%
JNJ	D	-1.55%
ABBV	D	-1.33%
IBM	C	-1.31%
LLY	F	-1.31%
ISRG	A	-1.3%
VZ	C	-1.24%
TXN	C	-1.24%
JPM	A	-1.23%
MRK	F	-1.21%
BKNG	A	-1.19%
TSLA	B	-1.13%
BRK.A	B	-1.11%
T	A	-1.07%
AMGN	D	-1.05%
C	A	-0.97%
AMAT	F	-0.96%
SYK	C	-0.94%
VRTX	F	-0.92%
ORCL	B	-0.88%
BSX	B	-0.84%
ANET	C	-0.77%
PM	B	-0.71%
WM	A	-0.67%
KLAC	D	-0.67%
LRCX	F	-0.66%
GS	A	-0.6%
APH	A	-0.6%
TMUS	B	-0.59%
REGN	F	-0.59%
MSI	B	-0.58%
CMG	B	-0.57%
MCO	B	-0.56%
PH	A	-0.52%
UNH	C	-0.52%
CL	D	-0.52%
HCA	F	-0.49%
CTAS	B	-0.46%
PCAR	B	-0.44%
APP	B	-0.42%
GD	F	-0.39%
GWW	B	-0.38%
PSA	D	-0.38%
URI	B	-0.38%
DHI	D	-0.36%
GM	B	-0.35%
HLT	A	-0.33%
FAST	B	-0.33%
ADI	D	-0.32%
RSG	A	-0.31%
LEN	D	-0.3%
SO	D	-0.29%
ELV	F	-0.28%
ACGL	D	-0.26%
CMI	A	-0.26%
HWM	A	-0.25%
GRMN	B	-0.25%
MCHP	D	-0.23%
AFL	B	-0.23%
SPOT	B	-0.22%
PHM	D	-0.22%
PEG	A	-0.22%
DECK	A	-0.22%
NTAP	C	-0.21%
DAL	C	-0.2%
DELL	C	-0.19%
GLW	B	-0.19%
NVR	D	-0.19%
IRM	D	-0.18%
LDOS	C	-0.17%
FICO	B	-0.17%
WAB	B	-0.17%
RCL	A	-0.17%
TPL	A	-0.16%
ETR	B	-0.16%
PKG	A	-0.15%
LII	A	-0.15%
CSL	C	-0.15%
TSCO	D	-0.15%
O	D	-0.15%
WSM	B	-0.15%
WSO	A	-0.13%
OC	A	-0.13%
TOL	B	-0.13%
RMD	C	-0.13%
CFG	B	-0.13%
IP	B	-0.13%
TNL	A	-0.12%
NRG	B	-0.12%
EME	C	-0.12%
AWI	A	-0.12%
JEF	A	-0.12%
MAS	D	-0.12%
AYI	B	-0.12%
EVR	B	-0.12%
UTHR	C	-0.12%
FIX	A	-0.12%
ALSN	B	-0.12%
DTM	B	-0.12%
AXS	A	-0.11%
LNC	B	-0.11%
BJ	A	-0.11%
MUSA	A	-0.11%
EXR	D	-0.11%
PPC	C	-0.11%
FOX	A	-0.11%
CW	B	-0.11%
DPZ	C	-0.11%
R	B	-0.11%
LOPE	B	-0.11%
CASY	A	-0.11%
RGA	A	-0.11%
G	B	-0.11%
TXRH	C	-0.11%
JHG	A	-0.11%
THC	D	-0.11%
BBY	D	-0.11%
UGI	A	-0.1%
OHI	C	-0.1%
ROL	B	-0.1%
SCCO	F	-0.1%
K	A	-0.1%
DGX	A	-0.1%
CLH	B	-0.1%
LAMR	D	-0.1%
UHS	D	-0.1%
NFG	A	-0.1%
DVA	B	-0.1%
ADC	B	-0.1%
DKS	C	-0.1%
KRC	C	-0.1%
INGR	B	-0.1%
KEX	C	-0.1%
RGLD	C	-0.1%
EHC	B	-0.1%
CHRW	C	-0.1%
CUZ	B	-0.1%
AMCR	D	-0.09%
WU	D	-0.09%
JNPR	F	-0.09%
NNN	D	-0.09%
MPWR	F	-0.09%
EPR	D	-0.09%
PK	B	-0.09%
SNX	C	-0.09%
CACI	D	-0.09%
NEU	C	-0.09%
GAP	C	-0.09%
GPK	C	-0.09%
CHE	D	-0.09%
LEN	D	-0.09%
HRB	D	-0.09%
GLPI	C	-0.09%
AVT	C	-0.09%
OMC	C	-0.09%
MTG	C	-0.09%
M	D	-0.09%
SSNC	B	-0.09%
HIW	D	-0.09%
APA	D	-0.08%
CRI	D	-0.08%
WING	D	-0.08%
COKE	C	-0.08%
CIVI	D	-0.08%
MEDP	D	-0.08%
DVN	F	-0.08%
TER	D	-0.08%
CROX	D	-0.07%
OGN	D	-0.07%
CRUS	D	-0.07%
MDU	D	-0.07%