SMMD vs. FLQL ETF Comparison

Comparison of iShares Russell 2500 ETF (SMMD) to Franklin LibertyQ U.S. Equity ETF (FLQL)

SMMD

iShares Russell 2500 ETF

SMMD Description

The investment seeks to track the investment results of the Russell 2500TM Index. The fund generally will invest at least 90% of its assets in the component securities, including indirect investments through the underlying fund, of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index measures the performance of the small- to mid-capitalization sector of the U.S. equity market, as defined by FTSE Russell.

Grade (RS Rating)

Last Trade

$67.52

Average Daily Volume

75,371

Number of Holdings ^*

497

* 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	SMMD	FLQL
30 Days	3.62%	3.99%
60 Days	9.42%	10.82%
90 Days	9.04%	2.62%
12 Months	27.30%	36.18%

75 Overlapping Holdings

Symbol	Grade	Weight in SMMD	Weight in FLQL	Overlap
ADC	C	0.12%	0.1%	0.1%
ALSN	A	0.13%	0.1%	0.1%
APA	F	0.13%	0.09%	0.09%
AVT	B	0.08%	0.09%	0.08%
AWI	A	0.09%	0.1%	0.09%
AXS	A	0.1%	0.1%	0.1%
AYI	A	0.13%	0.1%	0.1%
BJ	B	0.17%	0.1%	0.1%
CACI	A	0.17%	0.1%	0.1%
CASY	D	0.22%	0.1%	0.1%
CHE	D	0.14%	0.1%	0.1%
CHRW	C	0.2%	0.1%	0.1%
CIVI	F	0.08%	0.09%	0.08%
CLH	B	0.2%	0.1%	0.1%
COKE	C	0.12%	0.09%	0.09%
CRI	D	0.04%	0.1%	0.04%
CROX	C	0.14%	0.1%	0.1%
CRUS	D	0.1%	0.08%	0.08%
CUZ	C	0.07%	0.1%	0.07%
CW	A	0.2%	0.1%	0.1%
DKS	D	0.19%	0.11%	0.11%
DTM	A	0.12%	0.1%	0.1%
DVA	C	0.13%	0.11%	0.11%
EHC	C	0.15%	0.1%	0.1%
EME	B	0.32%	0.1%	0.1%
EPR	C	0.06%	0.1%	0.06%
EVR	C	0.15%	0.11%	0.11%
FIX	A	0.22%	0.11%	0.11%
G	A	0.11%	0.1%	0.1%
GAP	F	0.07%	0.09%	0.07%
GLPI	C	0.21%	0.1%	0.1%
GPK	D	0.14%	0.1%	0.1%
HIW	C	0.05%	0.1%	0.05%
HRB	C	0.14%	0.1%	0.1%
INGR	B	0.14%	0.1%	0.1%
JEF	A	0.17%	0.1%	0.1%
JHG	A	0.08%	0.1%	0.08%
JNPR	C	0.2%	0.1%	0.1%
KEX	C	0.11%	0.1%	0.1%
KRC	C	0.07%	0.11%	0.07%
LAMR	C	0.18%	0.11%	0.11%
LII	C	0.31%	0.15%	0.15%
LNC	B	0.08%	0.1%	0.08%
LOPE	D	0.07%	0.1%	0.07%
M	D	0.07%	0.09%	0.07%
MDU	C	0.09%	0.1%	0.09%
MEDP	F	0.13%	0.1%	0.1%
MTG	A	0.11%	0.1%	0.1%
MUSA	D	0.15%	0.08%	0.08%
NEU	F	0.06%	0.1%	0.06%
NFG	A	0.09%	0.1%	0.09%
NNN	C	0.14%	0.1%	0.1%
NRG	A	0.3%	0.11%	0.11%
OC	C	0.24%	0.11%	0.11%
OGN	F	0.08%	0.09%	0.08%
OHI	C	0.16%	0.1%	0.1%
PK	D	0.05%	0.1%	0.05%
PKG	B	0.3%	0.13%	0.13%
PPC	C	0.03%	0.09%	0.03%
R	C	0.1%	0.1%	0.1%
RGA	B	0.23%	0.11%	0.11%
RGLD	C	0.15%	0.1%	0.1%
RL	B	0.13%	0.11%	0.11%
SNX	C	0.14%	0.09%	0.09%
THC	D	0.25%	0.13%	0.13%
TNL	B	0.05%	0.1%	0.05%
TOL	C	0.24%	0.13%	0.13%
TPL	A	0.26%	0.11%	0.11%
TXRH	A	0.19%	0.1%	0.1%
UGI	C	0.08%	0.1%	0.08%
UHS	D	0.22%	0.12%	0.12%
UTHR	C	0.25%	0.11%	0.11%
WING	C	0.2%	0.1%	0.1%
WSO	C	0.27%	0.12%	0.12%
WU	D	0.05%	0.1%	0.05%

SMMD Overweight 422 Positions Relative to FLQL

Symbol	Grade	Weight
IWM	B	41.59%
SW	C	0.41%
EQT	C	0.33%
CVNA	A	0.29%
FDS	C	0.28%
MANH	A	0.28%
AVY	D	0.28%
PNR	C	0.26%
TXT	F	0.26%
RS	D	0.26%
EG	A	0.26%
PSTG	F	0.25%
DT	B	0.25%
RPM	A	0.25%
NTNX	C	0.24%
HOOD	B	0.24%
SNA	C	0.24%
KIM	C	0.24%
NI	A	0.24%
USFD	C	0.23%
GWRE	A	0.23%
GGG	C	0.23%
GEN	A	0.23%
NDSN	C	0.23%
POOL	D	0.22%
RNR	A	0.22%
ACM	A	0.22%
JBL	C	0.22%
NTRA	A	0.22%
REG	C	0.21%
AMH	D	0.21%
EQH	B	0.21%
ELS	D	0.21%
EXAS	C	0.2%
ITT	C	0.2%
TTEK	A	0.2%
ALLE	A	0.2%
BXP	B	0.2%
JKHY	A	0.2%
HST	D	0.2%
FND	C	0.2%
XPO	F	0.2%
BLD	D	0.2%
CPT	C	0.2%
FFIV	B	0.2%
JLL	C	0.2%
NVT	C	0.19%
CUBE	C	0.19%
IPG	D	0.19%
PFGC	A	0.19%
TECH	D	0.19%
TOST	B	0.19%
COHR	B	0.19%
CCK	C	0.18%
SCI	D	0.18%
RRX	B	0.18%
EWBC	B	0.18%
SRPT	F	0.18%
SAIA	D	0.18%
TFX	C	0.18%
NBIX	F	0.18%
ATR	A	0.17%
CHK	C	0.17%
LECO	D	0.17%
AOS	C	0.17%
TPR	B	0.17%
FBIN	C	0.17%
FTI	B	0.17%
REXR	D	0.17%
ONTO	B	0.17%
CTLT	A	0.17%
WMS	D	0.17%
BWXT	A	0.16%
AFG	A	0.16%
AA	B	0.16%
KNSL	B	0.16%
QRVO	F	0.16%
UNM	A	0.16%
DOX	B	0.16%
HAS	A	0.16%
ARMK	C	0.16%
NWSA	D	0.16%
PNW	C	0.16%
CRL	F	0.16%
DUOL	B	0.16%
NLY	C	0.16%
WWD	C	0.16%
HII	F	0.16%
AIZ	B	0.16%
Z	C	0.16%
RIVN	F	0.15%
PRI	A	0.15%
WAL	C	0.15%
SF	A	0.15%
CHDN	C	0.15%
WYNN	B	0.15%
ROKU	C	0.15%
FRT	D	0.15%
MKTX	B	0.15%
CG	B	0.15%
EXP	C	0.15%
ALLY	F	0.15%
MTCH	B	0.15%
CAVA	B	0.15%
WTRG	D	0.15%
AFRM	C	0.15%
OLED	B	0.15%
GL	C	0.15%
TKO	A	0.15%
OVV	D	0.15%
LAD	C	0.14%
PR	D	0.14%
RBC	C	0.14%
KBR	A	0.14%
CNM	F	0.14%
FYBR	C	0.14%
ORI	A	0.14%
CZR	B	0.14%
DAY	C	0.14%
NYT	C	0.14%
DCI	B	0.14%
GNRC	B	0.14%
CIEN	A	0.14%
NCLH	C	0.14%
TTC	F	0.14%
TPX	C	0.14%
EGP	D	0.14%
HSIC	D	0.14%
SKX	B	0.14%
GMED	B	0.13%
BERY	C	0.13%
BRBR	A	0.13%
VOYA	A	0.13%
FCN	C	0.13%
SSD	B	0.13%
X	F	0.13%
AR	C	0.13%
SOFI	C	0.13%
BFAM	C	0.13%
ATI	C	0.13%
OGE	C	0.13%
COLD	D	0.13%
BWA	C	0.13%
BRX	C	0.13%
RGEN	F	0.13%
MHK	C	0.13%
FMC	C	0.13%
KNX	D	0.13%
AXTA	C	0.13%
HLI	A	0.13%
LBRDK	C	0.13%
GME	D	0.13%
GLOB	D	0.13%
LNW	F	0.13%
WEX	C	0.13%
FHN	D	0.13%
MORN	B	0.13%
MOS	F	0.13%
PLNT	B	0.12%
WSC	D	0.12%
PNFP	B	0.12%
TREX	D	0.12%
AAON	A	0.12%
FR	D	0.12%
SMAR	A	0.12%
LSCC	D	0.12%
MIDD	D	0.12%
EXEL	B	0.12%
CMA	C	0.12%
ITCI	D	0.12%
WCC	D	0.12%
MKSI	F	0.12%
SWN	D	0.12%
MTZ	A	0.12%
AGNC	B	0.12%
BRKR	D	0.12%
APG	F	0.12%
ACI	F	0.12%
AAL	D	0.12%
CR	A	0.12%
CHRD	F	0.12%
WBS	D	0.12%
LSTR	F	0.11%
MSA	F	0.11%
AZEK	D	0.11%
CFR	B	0.11%
U	D	0.11%
ZION	D	0.11%
RYAN	A	0.11%
SITE	D	0.11%
CART	B	0.11%
VFC	A	0.11%
VNO	B	0.11%
ELAN	D	0.11%
RHI	D	0.11%
JAZZ	F	0.11%
SEIC	B	0.11%
HR	D	0.11%
ACHC	F	0.11%
WTFC	B	0.11%
LPX	C	0.11%
FLS	A	0.11%
H	B	0.11%
SAIC	A	0.11%
CGNX	F	0.11%
SN	A	0.11%
PEN	D	0.11%
BPOP	D	0.11%
STAG	D	0.11%
ARW	C	0.11%
DINO	F	0.11%
UHAL	C	0.11%
PCTY	C	0.11%
BSY	D	0.11%
BBWI	F	0.11%
MTN	D	0.11%
CBSH	D	0.11%
RRC	D	0.11%
GNTX	D	0.11%
ELF	F	0.1%
DBX	C	0.1%
INSP	C	0.1%
OLLI	C	0.1%
AGCO	D	0.1%
ESI	C	0.1%
GXO	D	0.1%
ESAB	C	0.1%
WFRD	F	0.1%
GTLB	D	0.1%
WH	C	0.1%
NOV	F	0.1%
LEA	F	0.1%
AZPN	A	0.1%
RLI	A	0.1%
SNV	D	0.1%
PARA	F	0.1%
ESTC	F	0.1%
FRPT	A	0.1%
MTSI	B	0.1%
IONS	F	0.1%
MAT	B	0.1%
BIO	B	0.1%
STWD	C	0.1%
FAF	C	0.1%
PB	D	0.1%
IVZ	A	0.1%
OSK	F	0.1%
PCOR	D	0.1%
ETSY	F	0.1%
VKTX	C	0.1%
LFUS	C	0.1%
S	C	0.1%
SON	D	0.09%
PVH	D	0.09%
BILL	D	0.09%
RITM	D	0.09%
COLB	C	0.09%
ST	F	0.09%
TKR	B	0.09%
VVV	D	0.09%
LAZ	C	0.09%
THO	C	0.09%
AMG	B	0.09%
CELH	F	0.09%
ALK	C	0.09%
PATH	D	0.09%
BC	C	0.09%
SRCL	B	0.09%
MTDR	D	0.09%
WHR	C	0.09%
OLN	D	0.09%
MASI	B	0.09%
POST	C	0.09%
VMI	B	0.09%
DAR	F	0.09%
CLF	D	0.09%
PSN	A	0.08%
LYFT	D	0.08%
HCP	A	0.08%
SLM	B	0.08%
CFLT	F	0.08%
TPG	A	0.08%
ROIV	D	0.08%
RARE	D	0.08%
FNB	D	0.08%
CCCS	D	0.08%
HXL	F	0.08%
RH	C	0.08%
W	C	0.08%
AM	A	0.08%
NXST	D	0.08%
FIVE	D	0.08%
VNT	F	0.08%
DOCS	A	0.08%
KD	D	0.08%
IDA	D	0.08%
THG	A	0.08%
SEE	C	0.08%
OMF	D	0.08%
FOUR	A	0.08%
APPF	C	0.08%
XRAY	D	0.08%
AGO	B	0.07%
WTM	C	0.07%
SLGN	B	0.07%
EEFT	F	0.07%
LITE	A	0.07%
FLO	D	0.07%
PII	D	0.07%
ASH	F	0.07%
DLB	D	0.07%
BYD	B	0.07%
VNOM	A	0.07%
CPRI	C	0.07%
OZK	D	0.07%
AN	D	0.07%
HOG	D	0.07%
RYN	C	0.07%
AL	D	0.07%
PRGO	F	0.06%
LBTYK	C	0.06%
MPW	C	0.06%
IRDM	C	0.06%
SMG	C	0.06%
BROS	F	0.06%
LBTYA	C	0.06%
AMKR	F	0.06%
COTY	F	0.06%
DXC	C	0.06%
GTES	C	0.06%
CHH	A	0.06%
KMPR	D	0.06%
SPR	D	0.06%
MSGS	A	0.06%
MSM	D	0.06%
HUN	B	0.06%
IAC	C	0.06%
PENN	D	0.05%
TDC	D	0.05%
ALGM	F	0.05%
ZG	C	0.05%
PAG	D	0.05%
FHB	D	0.05%
WEN	B	0.05%
NWL	D	0.05%
CC	D	0.05%
AMED	D	0.05%
LCID	F	0.05%
APLS	F	0.05%
NWS	D	0.05%
NSA	D	0.05%
ZI	F	0.05%
PEGA	B	0.05%
NVST	D	0.05%
DNB	D	0.05%
MAN	D	0.05%
YETI	C	0.05%
MP	C	0.04%
KSS	D	0.04%
JWN	D	0.04%
RCM	B	0.04%
TXG	F	0.04%
LLYVK	B	0.04%
BOKF	B	0.04%
QDEL	D	0.04%
AAP	F	0.04%
ENOV	F	0.04%
HHH	C	0.04%
CNXC	F	0.04%
CWEN	C	0.04%
SHC	C	0.04%
DV	F	0.04%
SAM	D	0.04%
VIRT	B	0.04%
SPB	C	0.04%
NCNO	F	0.04%
RNG	F	0.04%
AZTA	F	0.04%
VAC	D	0.04%
CXT	F	0.04%
COLM	B	0.04%
CACC	F	0.04%
BHF	D	0.04%
CLVT	D	0.04%
UA	B	0.03%
UAA	B	0.03%
GO	F	0.03%
REYN	D	0.03%
INFA	D	0.03%
LEG	D	0.03%
BIRK	F	0.03%
VSTS	D	0.03%
IPGP	D	0.03%
PINC	F	0.03%
FIVN	F	0.03%
HAYW	C	0.03%
QS	F	0.03%
ADT	D	0.03%
LLYVA	B	0.02%
CWEN	C	0.02%
PYCR	D	0.02%
WOLF	F	0.02%
ALAB	C	0.02%
DDS	D	0.02%
LBRDA	C	0.02%
CERT	F	0.02%
SNDR	D	0.02%
FTRE	F	0.02%
CAR	D	0.02%
TRIP	D	0.02%
PLTK	C	0.01%
UHAL	C	0.01%
NFE	F	0.01%
TFSL	D	0.01%
LOAR	B	0.01%
DJT	F	0.01%
SEB	F	0.01%
UWMC	D	0.01%
UI	B	0.01%
AS	B	0.01%
SEG	F	0.0%
PARAA	D	0.0%

SMMD Underweight 135 Positions Relative to FLQL

Symbol	Grade	Weight
AAPL	C	-7.04%
MSFT	D	-6.21%
NVDA	B	-5.84%
AMZN	C	-2.84%
META	A	-2.56%
GOOGL	B	-1.9%
AVGO	B	-1.89%
MA	A	-1.69%
COST	C	-1.68%
LLY	D	-1.68%
JNJ	D	-1.65%
WMT	A	-1.63%
GOOG	B	-1.62%
ABBV	C	-1.56%
MRK	F	-1.45%
IBM	A	-1.41%
VZ	C	-1.32%
CAT	A	-1.29%
AMGN	D	-1.26%
QCOM	D	-1.25%
TXN	C	-1.24%
ISRG	C	-1.2%
AMAT	C	-1.11%
JPM	C	-1.07%
BRK.A	B	-1.06%
T	B	-1.01%
BKNG	B	-1.0%
TJX	D	-0.94%
VRTX	D	-0.92%
SYK	C	-0.88%
C	B	-0.87%
TSLA	C	-0.86%
KLAC	B	-0.85%
REGN	D	-0.82%
ANET	A	-0.81%
ORCL	A	-0.8%
BSX	A	-0.78%
MO	D	-0.77%
LRCX	D	-0.75%
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%
TMUS	A	-0.5%
PH	A	-0.47%
DHI	C	-0.44%
LMT	A	-0.44%
SPG	A	-0.44%
CTAS	C	-0.44%
GD	C	-0.42%
PCAR	D	-0.4%
PSA	C	-0.4%
ELV	F	-0.38%
URI	C	-0.37%
ADI	B	-0.35%
LEN	C	-0.33%
GWW	B	-0.33%
GM	D	-0.31%
HLT	A	-0.31%
FAST	C	-0.3%
SO	A	-0.3%
RSG	D	-0.3%
ACGL	A	-0.3%
HPQ	B	-0.28%
MCHP	F	-0.27%
PHM	C	-0.25%
CTSH	B	-0.24%
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%
FANG	D	-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%
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%
BBY	C	-0.13%
RCL	B	-0.13%
MAS	C	-0.13%
CFG	C	-0.12%
EXR	D	-0.12%
DPZ	D	-0.11%
TER	C	-0.11%
VICI	C	-0.11%
SCCO	B	-0.11%
CF	A	-0.11%
SWKS	F	-0.11%
IP	C	-0.11%
ESS	D	-0.11%
AMCR	C	-0.1%
K	B	-0.1%
SSNC	C	-0.1%
OMC	C	-0.1%
FOX	B	-0.1%
LEN	C	-0.1%
ROL	C	-0.1%
FOXA	B	-0.1%
EMN	C	-0.1%
AVB	C	-0.1%
DVN	F	-0.09%
DGX	D	-0.09%