SPUS vs. FLQL ETF Comparison

Comparison of SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) to Franklin LibertyQ U.S. Equity ETF (FLQL)

SPUS

SP Funds S&P 500 Sharia Industry Exclusions ETF

SPUS Description

The investment seeks to track the performance, before fees and expenses, of the S&P 500 Shariah Industry Exclusions Index. The index is composed of the constituents of the S&P 500® Shariah Index other than those from the following sub-industries: Aerospace & Defense, Financial Exchanges & Data, and Data Processing & Outsourced Services. The manager attempts to invest all, or substantially all, of its assets in the component securities that make up the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$42.49

Average Daily Volume

187,591

Number of Holdings ^*

223

* 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	SPUS	FLQL
30 Days	1.91%	2.44%
60 Days	2.94%	3.55%
90 Days	3.81%	4.50%
12 Months	29.89%	31.26%

68 Overlapping Holdings

Symbol	Grade	Weight in SPUS	Weight in FLQL	Overlap
AAPL	C	11.07%	7.0%	7.0%
ABBV	D	0.94%	1.33%	0.94%
ADI	D	0.33%	0.32%	0.32%
AMAT	F	0.45%	0.96%	0.45%
AMZN	C	6.03%	2.92%	2.92%
ANET	C	0.31%	0.77%	0.31%
APH	A	0.27%	0.6%	0.27%
AVB	B	0.1%	0.1%	0.1%
AVGO	D	2.42%	1.77%	1.77%
BBY	D	0.05%	0.11%	0.05%
BKNG	A	0.53%	1.19%	0.53%
BSX	B	0.42%	0.84%	0.42%
CF	B	0.05%	0.11%	0.05%
CHRW	C	0.04%	0.1%	0.04%
CL	D	0.24%	0.52%	0.24%
CMI	A	0.16%	0.26%	0.16%
CTAS	B	0.24%	0.46%	0.24%
CTSH	B	0.12%	0.24%	0.12%
DECK	A	0.09%	0.22%	0.09%
DHI	D	0.15%	0.36%	0.15%
DVN	F	0.08%	0.08%	0.08%
EBAY	D	0.09%	0.17%	0.09%
FAST	B	0.15%	0.33%	0.15%
FICO	B	0.18%	0.17%	0.17%
GLW	B	0.12%	0.19%	0.12%
GOOG	C	2.71%	1.73%	1.73%
GOOGL	C	3.28%	2.04%	2.04%
GRMN	B	0.1%	0.25%	0.1%
GWW	B	0.17%	0.38%	0.17%
HPQ	B	0.11%	0.29%	0.11%
ISRG	A	0.61%	1.3%	0.61%
JNJ	D	1.17%	1.55%	1.17%
JNPR	F	0.04%	0.09%	0.04%
K	A	0.07%	0.1%	0.07%
KLAC	D	0.26%	0.67%	0.26%
KMB	D	0.15%	0.14%	0.14%
LLY	F	1.89%	1.31%	1.31%
LRCX	F	0.29%	0.66%	0.29%
MAS	D	0.05%	0.12%	0.05%
MCHP	D	0.11%	0.23%	0.11%
META	D	3.93%	2.48%	2.48%
MPWR	F	0.09%	0.09%	0.09%
MRK	F	0.79%	1.21%	0.79%
MSFT	F	9.82%	5.96%	5.96%
MSI	B	0.26%	0.58%	0.26%
NTAP	C	0.08%	0.21%	0.08%
NVDA	C	11.41%	6.71%	6.71%
PH	A	0.28%	0.52%	0.28%
PHM	D	0.08%	0.22%	0.08%
PKG	A	0.07%	0.15%	0.07%
QCOM	F	0.55%	1.22%	0.55%
REGN	F	0.25%	0.59%	0.25%
RL	B	0.03%	0.12%	0.03%
RMD	C	0.11%	0.13%	0.11%
ROL	B	0.04%	0.1%	0.04%
RSG	A	0.14%	0.31%	0.14%
STLD	B	0.07%	0.16%	0.07%
SWKS	F	0.04%	0.09%	0.04%
SYK	C	0.42%	0.94%	0.42%
TER	D	0.05%	0.08%	0.05%
TJX	A	0.43%	0.95%	0.43%
TSCO	D	0.09%	0.15%	0.09%
TSLA	B	3.02%	1.13%	1.13%
TT	A	0.3%	0.65%	0.3%
TXN	C	0.58%	1.24%	0.58%
WAB	B	0.11%	0.17%	0.11%
WM	A	0.25%	0.67%	0.25%
XOM	B	1.7%	0.63%	0.63%

SPUS Overweight 155 Positions Relative to FLQL

Symbol	Grade	Weight
PG	A	1.28%
HD	A	1.26%
CRM	B	1.0%
CSCO	B	0.74%
AMD	F	0.71%
ACN	C	0.71%
ADBE	C	0.7%
LIN	D	0.69%
PEP	F	0.69%
NOW	A	0.67%
ABT	B	0.64%
TMO	F	0.62%
DHR	F	0.48%
LOW	D	0.48%
HON	B	0.47%
ETN	A	0.46%
UBER	D	0.46%
UNP	C	0.45%
COP	C	0.42%
PANW	C	0.4%
MU	D	0.35%
GILD	C	0.35%
PLD	D	0.34%
MDT	D	0.34%
UPS	C	0.31%
EQIX	A	0.28%
NKE	D	0.28%
MDLZ	F	0.27%
SHW	A	0.27%
MCK	B	0.26%
SNPS	B	0.26%
CDNS	B	0.26%
EOG	A	0.25%
EMR	A	0.24%
ITW	B	0.23%
APD	A	0.23%
CEG	D	0.23%
ORLY	B	0.22%
MMM	D	0.22%
ADSK	A	0.21%
CSX	B	0.21%
SLB	C	0.2%
FCX	D	0.2%
BDX	F	0.2%
NSC	B	0.19%
FTNT	C	0.19%
ROP	B	0.19%
ECL	D	0.19%
JCI	C	0.18%
NXPI	D	0.18%
TGT	F	0.18%
AZO	C	0.17%
PWR	A	0.16%
NEM	D	0.16%
ROST	C	0.15%
CPRT	A	0.15%
COR	B	0.14%
BKR	B	0.14%
AME	A	0.14%
VLO	C	0.14%
KVUE	A	0.14%
IT	C	0.13%
OTIS	C	0.13%
ODFL	B	0.13%
CTVA	C	0.13%
HES	B	0.13%
IR	B	0.13%
EW	C	0.13%
VMC	B	0.12%
A	D	0.12%
MNST	C	0.12%
GEHC	F	0.12%
DD	D	0.11%
IDXX	F	0.11%
NUE	C	0.11%
LULU	C	0.11%
GIS	D	0.11%
MLM	B	0.11%
KDP	D	0.11%
ANSS	B	0.1%
DXCM	D	0.1%
EFX	F	0.1%
ROK	B	0.1%
DOV	A	0.09%
CHD	B	0.09%
HAL	C	0.09%
PPG	F	0.09%
ON	D	0.09%
KEYS	A	0.09%
CAH	B	0.09%
XYL	D	0.09%
HUBB	B	0.08%
MTD	D	0.08%
EQR	B	0.08%
ADM	D	0.08%
TYL	B	0.08%
HSY	F	0.08%
VLTO	D	0.08%
FTV	C	0.08%
CLX	B	0.07%
STE	F	0.07%
WAT	B	0.07%
ZBH	C	0.07%
WY	D	0.07%
WST	C	0.07%
PTC	A	0.07%
BIIB	F	0.07%
CDW	F	0.07%
HOLX	D	0.06%
MAA	B	0.06%
PODD	C	0.06%
MKC	D	0.06%
FSLR	F	0.06%
ZBRA	B	0.06%
CTRA	B	0.06%
LH	C	0.06%
BLDR	D	0.06%
JBL	B	0.05%
JBHT	C	0.05%
EL	F	0.05%
VRSN	F	0.05%
ALGN	D	0.05%
AVY	D	0.05%
ULTA	F	0.05%
J	F	0.05%
EXPD	D	0.05%
GPC	D	0.05%
IEX	B	0.05%
TRMB	B	0.05%
PNR	A	0.05%
MOH	F	0.05%
INCY	C	0.04%
ALLE	D	0.04%
CPT	B	0.04%
ALB	C	0.04%
SMCI	F	0.04%
AKAM	D	0.04%
EPAM	C	0.04%
NDSN	B	0.04%
POOL	C	0.04%
APTV	D	0.04%
FFIV	B	0.04%
MOS	F	0.03%
ENPH	F	0.03%
AOS	F	0.03%
TFX	F	0.03%
HSIC	B	0.03%
CRL	C	0.03%
LKQ	D	0.03%
PAYC	B	0.03%
TECH	D	0.03%
GNRC	B	0.03%
LW	C	0.03%
QRVO	F	0.02%
MHK	D	0.02%

SPUS Underweight 142 Positions Relative to FLQL

Symbol	Grade	Weight
MA	C	-1.79%
COST	B	-1.7%
WMT	A	-1.68%
IBM	C	-1.31%
CAT	B	-1.27%
VZ	C	-1.24%
JPM	A	-1.23%
BRK.A	B	-1.11%
T	A	-1.07%
AMGN	D	-1.05%
C	A	-0.97%
VRTX	F	-0.92%
ORCL	B	-0.88%
MO	A	-0.85%
PM	B	-0.71%
GS	A	-0.6%
TMUS	B	-0.59%
CMG	B	-0.57%
CI	F	-0.56%
CB	C	-0.56%
MCO	B	-0.56%
UNH	C	-0.52%
RTX	C	-0.5%
HCA	F	-0.49%
SPG	B	-0.46%
PCAR	B	-0.44%
APP	B	-0.42%
LMT	D	-0.4%
GD	F	-0.39%
PSA	D	-0.38%
URI	B	-0.38%
GM	B	-0.35%
HLT	A	-0.33%
LEN	D	-0.3%
SO	D	-0.29%
ELV	F	-0.28%
ACGL	D	-0.26%
HWM	A	-0.25%
AFL	B	-0.23%
SPOT	B	-0.22%
PEG	A	-0.22%
SYF	B	-0.21%
HPE	B	-0.21%
DAL	C	-0.2%
FANG	D	-0.2%
DELL	C	-0.19%
HIG	B	-0.19%
NVR	D	-0.19%
IRM	D	-0.18%
LDOS	C	-0.17%
RCL	A	-0.17%
LYB	F	-0.16%
TPL	A	-0.16%
ETR	B	-0.16%
LII	A	-0.15%
CSL	C	-0.15%
O	D	-0.15%
WSM	B	-0.15%
WSO	A	-0.13%
OC	A	-0.13%
TOL	B	-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%
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%
FOXA	B	-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%
ESS	B	-0.11%
TXRH	C	-0.11%
JHG	A	-0.11%
THC	D	-0.11%
UGI	A	-0.1%
OHI	C	-0.1%
SCCO	F	-0.1%
EMN	D	-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%
VICI	C	-0.1%
KRC	C	-0.1%
INGR	B	-0.1%
KEX	C	-0.1%
RGLD	C	-0.1%
EHC	B	-0.1%
CUZ	B	-0.1%
AMCR	D	-0.09%
WU	D	-0.09%
NNN	D	-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%
CROX	D	-0.07%
OGN	D	-0.07%
CRUS	D	-0.07%
MDU	D	-0.07%