QQQ vs. FLQL ETF Comparison

Comparison of PowerShares QQQ Trust, Series 1 (QQQ) to Franklin LibertyQ U.S. Equity ETF (FLQL)

QQQ

PowerShares QQQ Trust, Series 1

QQQ Description

PowerShares Capital Management LLC is passionate about our goal of delivering the highest quality investment management available through one of the more benefit-rich investment vehicles ever created, the exchange-traded fund. PowerShares QQQ, formerly known as "QQQ" or the "NASDAQ-100 Index Tracking Stock", is an exchange-traded fund based on the Nasdaq-100 Index. The Fund will, under most circumstances, consists of all of stocks in the Index. The Index includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization. The Fund and the Index are rebalanced quarterly and reconstituted annually.

Grade (RS Rating)

Last Trade

$487.32

Average Daily Volume

36,531,182

Number of Holdings ^*

101

* 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

$57.97

Average Daily Volume

54,856

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

Performance

Period	QQQ	FLQL
30 Days	5.95%	3.99%
60 Days	12.09%	10.82%
90 Days	-1.64%	2.62%
12 Months	36.79%	36.18%

28 Overlapping Holdings

Symbol	Grade	Weight in QQQ	Weight in FLQL	Overlap
AAPL	C	8.79%	7.04%	7.04%
ADI	B	0.76%	0.35%	0.35%
AMAT	C	1.13%	1.11%	1.11%
AMGN	D	1.12%	1.26%	1.12%
AMZN	C	5.1%	2.84%	2.84%
AVGO	B	5.41%	1.89%	1.89%
BKNG	B	0.94%	1.0%	0.94%
COST	C	2.62%	1.68%	1.68%
CTAS	C	0.55%	0.44%	0.44%
CTSH	B	0.25%	0.24%	0.24%
FANG	D	0.2%	0.2%	0.2%
FAST	C	0.27%	0.3%	0.27%
GOOG	B	2.32%	1.62%	1.62%
GOOGL	B	2.42%	1.9%	1.9%
ISRG	C	1.13%	1.2%	1.13%
KLAC	B	0.71%	0.85%	0.71%
LRCX	D	0.72%	0.75%	0.72%
MCHP	F	0.28%	0.27%	0.27%
META	A	5.01%	2.56%	2.56%
MSFT	D	8.14%	6.21%	6.21%
NVDA	B	7.73%	5.84%	5.84%
PCAR	D	0.34%	0.4%	0.34%
QCOM	D	1.26%	1.25%	1.25%
REGN	D	0.74%	0.82%	0.74%
TMUS	A	1.56%	0.5%	0.5%
TSLA	C	3.12%	0.86%	0.86%
TXN	C	1.25%	1.24%	1.24%
VRTX	D	0.78%	0.92%	0.78%

QQQ Overweight 73 Positions Relative to FLQL

Symbol	Grade	Weight
NFLX	A	2.0%
AMD	C	1.78%
PEP	F	1.53%
LIN	C	1.51%
ADBE	F	1.5%
CSCO	A	1.4%
INTU	F	1.17%
CMCSA	B	1.04%
HON	C	0.88%
MU	D	0.8%
ADP	A	0.73%
PANW	B	0.72%
SBUX	B	0.72%
MELI	D	0.7%
GILD	A	0.68%
INTC	D	0.67%
MDLZ	D	0.65%
PDD	B	0.57%
PYPL	A	0.54%
CEG	A	0.53%
ASML	F	0.53%
SNPS	F	0.52%
CDNS	D	0.49%
MAR	A	0.46%
ORLY	A	0.44%
CRWD	D	0.43%
CSX	D	0.43%
MRVL	C	0.42%
NXPI	F	0.4%
ADSK	B	0.39%
FTNT	A	0.39%
ROP	D	0.39%
ABNB	D	0.37%
DASH	A	0.36%
AEP	C	0.35%
WDAY	D	0.34%
CPRT	B	0.33%
KDP	C	0.33%
MNST	D	0.33%
ROST	D	0.33%
TTD	A	0.32%
PAYX	B	0.31%
CHTR	D	0.3%
AZN	D	0.3%
KHC	F	0.28%
GEHC	C	0.28%
ODFL	F	0.27%
IDXX	D	0.27%
EXC	C	0.26%
VRSK	D	0.25%
EA	D	0.25%
CCEP	C	0.24%
BKR	B	0.23%
DDOG	B	0.23%
XEL	C	0.23%
ON	F	0.21%
LULU	D	0.21%
CDW	D	0.2%
CSGP	F	0.2%
BIIB	F	0.19%
ANSS	D	0.19%
DXCM	F	0.18%
ZS	F	0.17%
TEAM	D	0.17%
TTWO	D	0.17%
MRNA	F	0.16%
GFS	F	0.15%
SMCI	F	0.15%
ILMN	B	0.14%
MDB	D	0.13%
WBD	F	0.13%
ARM	C	0.12%
DLTR	F	0.1%

QQQ Underweight 182 Positions Relative to FLQL

Symbol	Grade	Weight
MA	A	-1.69%
LLY	D	-1.68%
JNJ	D	-1.65%
WMT	A	-1.63%
ABBV	C	-1.56%
MRK	F	-1.45%
IBM	A	-1.41%
VZ	C	-1.32%
CAT	A	-1.29%
JPM	C	-1.07%
BRK.A	B	-1.06%
T	B	-1.01%
TJX	D	-0.94%
SYK	C	-0.88%
C	B	-0.87%
ANET	A	-0.81%
ORCL	A	-0.8%
BSX	A	-0.78%
MO	D	-0.77%
PM	D	-0.66%
WM	B	-0.64%
CI	D	-0.62%
XOM	A	-0.62%
TT	A	-0.62%
HCA	C	-0.59%
MCO	D	-0.58%
APH	D	-0.58%
CL	D	-0.58%
CMG	C	-0.57%
CB	A	-0.57%
MSI	A	-0.53%
RTX	A	-0.51%
GS	B	-0.51%
UNH	B	-0.51%
PH	A	-0.47%
DHI	C	-0.44%
LMT	A	-0.44%
SPG	A	-0.44%
GD	C	-0.42%
PSA	C	-0.4%
ELV	F	-0.38%
URI	C	-0.37%
LEN	C	-0.33%
GWW	B	-0.33%
GM	D	-0.31%
HLT	A	-0.31%
SO	A	-0.3%
RSG	D	-0.3%
ACGL	A	-0.3%
HPQ	B	-0.28%
PHM	C	-0.25%
AFL	A	-0.23%
NVR	C	-0.23%
CMI	A	-0.23%
HWM	A	-0.22%
PEG	A	-0.22%
NTAP	D	-0.22%
GRMN	D	-0.21%
DECK	B	-0.2%
HPE	B	-0.19%
APP	A	-0.19%
IRM	B	-0.19%
GLW	C	-0.19%
HIG	A	-0.19%
WSM	C	-0.18%
LYB	B	-0.18%
EBAY	A	-0.18%
DELL	C	-0.17%
O	C	-0.17%
SPOT	C	-0.17%
SYF	A	-0.16%
WAB	A	-0.16%
LDOS	A	-0.16%
FICO	C	-0.15%
STLD	C	-0.15%
LII	C	-0.15%
KMB	D	-0.15%
CSL	A	-0.15%
DAL	C	-0.15%
TSCO	A	-0.15%
RMD	C	-0.14%
ETR	A	-0.14%
MPWR	B	-0.14%
THC	D	-0.13%
BBY	C	-0.13%
RCL	B	-0.13%
MAS	C	-0.13%
TOL	C	-0.13%
PKG	B	-0.13%
CFG	C	-0.12%
EXR	D	-0.12%
WSO	C	-0.12%
UHS	D	-0.12%
DPZ	D	-0.11%
DVA	C	-0.11%
RGA	B	-0.11%
TPL	A	-0.11%
EVR	C	-0.11%
FIX	A	-0.11%
LAMR	C	-0.11%
KRC	C	-0.11%
TER	C	-0.11%
VICI	C	-0.11%
SCCO	B	-0.11%
UTHR	C	-0.11%
CF	A	-0.11%
RL	B	-0.11%
NRG	A	-0.11%
DKS	D	-0.11%
SWKS	F	-0.11%
IP	C	-0.11%
ESS	D	-0.11%
OC	C	-0.11%
GPK	D	-0.1%
AMCR	C	-0.1%
NEU	F	-0.1%
LNC	B	-0.1%
GLPI	C	-0.1%
WU	D	-0.1%
K	B	-0.1%
MTG	A	-0.1%
JNPR	C	-0.1%
PK	D	-0.1%
UGI	C	-0.1%
SSNC	C	-0.1%
DTM	A	-0.1%
MEDP	F	-0.1%
G	A	-0.1%
OMC	C	-0.1%
AXS	A	-0.1%
INGR	B	-0.1%
HRB	C	-0.1%
CHE	D	-0.1%
FOX	B	-0.1%
ALSN	A	-0.1%
LEN	C	-0.1%
LOPE	D	-0.1%
ROL	C	-0.1%
CROX	C	-0.1%
CRI	D	-0.1%
ADC	C	-0.1%
NFG	A	-0.1%
FOXA	B	-0.1%
RGLD	C	-0.1%
NNN	C	-0.1%
TNL	B	-0.1%
JHG	A	-0.1%
CW	A	-0.1%
EHC	C	-0.1%
BJ	B	-0.1%
OHI	C	-0.1%
CACI	A	-0.1%
R	C	-0.1%
EPR	C	-0.1%
CASY	D	-0.1%
CLH	B	-0.1%
TXRH	A	-0.1%
EMN	C	-0.1%
WING	C	-0.1%
HIW	C	-0.1%
AVB	C	-0.1%
KEX	C	-0.1%
AYI	A	-0.1%
JEF	A	-0.1%
CUZ	C	-0.1%
EME	B	-0.1%
MDU	C	-0.1%
CHRW	C	-0.1%
AWI	A	-0.1%
CIVI	F	-0.09%
OGN	F	-0.09%
APA	F	-0.09%
COKE	C	-0.09%
GAP	F	-0.09%
DVN	F	-0.09%
PPC	C	-0.09%
SNX	C	-0.09%
M	D	-0.09%
DGX	D	-0.09%
AVT	B	-0.09%
MUSA	D	-0.08%
CRUS	D	-0.08%