QQH vs. FLSP ETF Comparison

Comparison of HCM Defender 100 Index ETF (QQH) to Franklin Liberty Systematic Style Premia ETF (FLSP)

QQH

HCM Defender 100 Index ETF

QQH Description

The investment seeks to provide investment results that correspond, before fees and expenses, generally to the performance of the HCM Defender 100 Index (the HCM 100 index). The fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 100 index. The HCM 100 index seeks to outperform the Solactive US Technology 100 Index, a proprietary methodology.

Grade (RS Rating)

Last Trade

$65.68

Average Daily Volume

21,371

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLSP

Franklin Liberty Systematic Style Premia ETF

FLSP Description

The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying alternative investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.

Grade (RS Rating)

Last Trade

$24.03

Average Daily Volume

11,449

Number of Holdings ^*

183

* may have additional holdings in another (foreign) market

Performance

Period	QQH	FLSP
30 Days	4.28%	0.69%
60 Days	5.09%	0.06%
90 Days	8.37%	0.73%
12 Months	36.70%	6.54%

32 Overlapping Holdings

Symbol	Grade	Weight in QQH	Weight in FLSP	Overlap
ADBE	C	1.02%	0.91%	0.91%
ADSK	A	0.26%	0.36%	0.26%
AMAT	F	0.69%	0.66%	0.66%
ANSS	B	0.11%	0.14%	0.11%
BKNG	A	0.69%	0.87%	0.69%
CDNS	B	0.32%	0.32%	0.32%
CMCSA	B	0.77%	0.42%	0.42%
CPRT	A	0.18%	0.22%	0.18%
CSX	B	0.28%	0.31%	0.28%
CTAS	B	0.3%	0.35%	0.3%
CTSH	B	0.16%	0.21%	0.16%
EA	A	0.17%	0.23%	0.17%
EBAY	D	0.14%	0.18%	0.14%
FTNT	C	0.26%	0.32%	0.26%
GILD	C	0.48%	0.61%	0.48%
GOOG	C	2.09%	0.11%	0.11%
IDXX	F	0.14%	0.14%	0.14%
INTU	C	0.69%	0.68%	0.68%
LIN	D	0.93%	0.13%	0.13%
LULU	C	0.14%	0.16%	0.14%
MELI	D	0.35%	0.16%	0.16%
META	D	4.91%	0.45%	0.45%
MSFT	F	10.8%	0.57%	0.57%
NFLX	A	1.63%	0.45%	0.45%
NVDA	C	5.74%	0.62%	0.62%
ON	D	0.12%	0.04%	0.04%
PCAR	B	0.23%	0.14%	0.14%
PYPL	B	0.38%	0.45%	0.38%
QCOM	F	0.83%	0.83%	0.83%
REGN	F	0.33%	0.33%	0.33%
SNPS	B	0.31%	0.2%	0.2%
VRTX	F	0.49%	0.49%	0.49%

QQH Overweight 62 Positions Relative to FLSP

Symbol	Grade	Weight
TQQQ	C	19.74%
AAPL	C	11.9%
AMZN	C	4.82%
TSLA	B	3.95%
AVGO	D	3.33%
GOOGL	C	2.1%
COST	B	1.74%
CSCO	B	1.03%
AMD	F	0.99%
PEP	F	0.94%
ISRG	A	0.78%
TXN	C	0.74%
AMGN	D	0.64%
HON	B	0.62%
TMUS	B	0.5%
ADP	B	0.48%
PANW	C	0.46%
SBUX	A	0.46%
INTC	D	0.43%
MU	D	0.43%
ADI	D	0.43%
LRCX	F	0.36%
MDLZ	F	0.35%
CEG	D	0.32%
KLAC	D	0.32%
CRWD	B	0.3%
MRVL	B	0.3%
PDD	F	0.3%
MAR	B	0.29%
ORLY	B	0.28%
TTD	B	0.27%
ROP	B	0.23%
NXPI	D	0.23%
ABNB	C	0.23%
AEP	D	0.21%
WDAY	B	0.2%
ROST	C	0.19%
BKR	B	0.19%
FAST	B	0.19%
PAYX	C	0.18%
XEL	A	0.17%
VRSK	A	0.17%
EXC	C	0.16%
CHTR	C	0.16%
ODFL	B	0.16%
TEAM	A	0.15%
MCHP	D	0.14%
FANG	D	0.13%
GEHC	F	0.13%
KDP	D	0.12%
MNST	C	0.12%
DXCM	D	0.12%
DDOG	A	0.12%
CSGP	D	0.12%
ILMN	D	0.1%
KHC	F	0.1%
BIIB	F	0.1%
CCEP	C	0.06%
MRNA	F	0.05%
BNTX	D	0.04%
SMCI	F	0.03%
GFS	C	0.01%

QQH Underweight 151 Positions Relative to FLSP

Symbol	Grade	Weight
MA	C	-0.77%
WMT	A	-0.75%
NOW	A	-0.75%
TJX	A	-0.75%
CRM	B	-0.7%
T	A	-0.63%
MDT	D	-0.6%
ABBV	D	-0.59%
BMY	B	-0.59%
UBER	D	-0.49%
NVS	D	-0.48%
MSI	B	-0.48%
EOG	A	-0.44%
MMM	D	-0.41%
HCA	F	-0.36%
GM	B	-0.36%
CL	D	-0.36%
SPG	B	-0.35%
RTX	C	-0.34%
TMO	F	-0.34%
FICO	B	-0.34%
AFL	B	-0.33%
APP	B	-0.31%
BK	A	-0.31%
VST	B	-0.29%
LNG	B	-0.29%
HD	A	-0.28%
MPC	D	-0.27%
FDX	B	-0.27%
FIS	C	-0.26%
CMI	A	-0.25%
VLO	C	-0.25%
KR	B	-0.24%
KMB	D	-0.23%
PH	A	-0.23%
A	D	-0.23%
PSX	C	-0.23%
BCS	C	-0.23%
CI	F	-0.22%
AMP	A	-0.22%
RCL	A	-0.21%
MET	A	-0.21%
AIG	B	-0.21%
HPQ	B	-0.2%
VICI	C	-0.19%
TGT	F	-0.19%
HIG	B	-0.19%
SE	B	-0.18%
APH	A	-0.18%
IQV	D	-0.17%
STT	A	-0.17%
ADM	D	-0.16%
TROW	B	-0.16%
DECK	A	-0.16%
NTAP	C	-0.16%
IR	B	-0.16%
GDDY	A	-0.15%
MS	A	-0.15%
SYY	B	-0.15%
MTD	D	-0.15%
WAT	B	-0.14%
EXPE	B	-0.14%
NUE	C	-0.14%
AWK	D	-0.13%
CNC	D	-0.13%
DVN	F	-0.13%
LDOS	C	-0.13%
AVB	B	-0.13%
PG	A	-0.13%
TYL	B	-0.13%
CBOE	B	-0.12%
K	A	-0.12%
VTR	C	-0.12%
CAH	B	-0.12%
NRG	B	-0.12%
CPAY	A	-0.12%
NTRS	A	-0.12%
LYV	A	-0.12%
BR	A	-0.12%
VEEV	C	-0.12%
BBY	D	-0.11%
CSL	C	-0.11%
STX	D	-0.11%
PKG	A	-0.11%
HOLX	D	-0.11%
LII	A	-0.11%
STLD	B	-0.11%
WSM	B	-0.11%
LVS	C	-0.11%
LYB	F	-0.11%
PHM	D	-0.11%
MRO	B	-0.1%
EL	F	-0.1%
JBL	B	-0.1%
MAS	D	-0.1%
MOH	F	-0.1%
RS	B	-0.1%
CF	B	-0.1%
UTHR	C	-0.1%
VRSN	F	-0.1%
BLDR	D	-0.1%
PTC	A	-0.1%
DOCU	A	-0.1%
SNA	A	-0.1%
FE	C	-0.1%
ZM	B	-0.1%
GEN	B	-0.1%
UDR	B	-0.09%
L	A	-0.09%
TWLO	A	-0.09%
ROL	B	-0.09%
VTRS	A	-0.09%
EQH	B	-0.09%
SSNC	B	-0.09%
TXT	D	-0.09%
OC	A	-0.09%
EXPD	D	-0.09%
MANH	D	-0.09%
AVTR	F	-0.08%
DT	C	-0.08%
OVV	B	-0.08%
CHRW	C	-0.08%
FFIV	B	-0.08%
REG	B	-0.08%
SWKS	F	-0.08%
DPZ	C	-0.08%
NBIX	C	-0.08%
PAYC	B	-0.07%
FOXA	B	-0.07%
TAP	C	-0.07%
DKS	C	-0.07%
INCY	C	-0.07%
BG	F	-0.07%
GLPI	C	-0.07%
UHS	D	-0.07%
ACI	C	-0.06%
MKTX	D	-0.06%
MTCH	D	-0.06%
CHKP	D	-0.06%
TER	D	-0.06%
SEIC	B	-0.06%
RPRX	D	-0.06%
AIZ	A	-0.06%
RPM	A	-0.05%
AER	B	-0.05%
WYNN	D	-0.05%
MGM	D	-0.05%
MOS	F	-0.05%
CRBG	B	-0.05%
COR	B	-0.04%
HII	D	-0.04%