VALQ vs. FLSP ETF Comparison

Comparison of American Century STOXX U.S. Quality Value ETF (VALQ) to Franklin Liberty Systematic Style Premia ETF (FLSP)

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$63.92

Average Daily Volume

6,261

Number of Holdings ^*

241

* 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

$24.11

Average Daily Volume

11,449

Number of Holdings ^*

183

* may have additional holdings in another (foreign) market

Performance

Period	VALQ	FLSP
30 Days	3.97%	0.69%
60 Days	4.17%	0.06%
90 Days	6.47%	0.73%
12 Months	28.71%	6.54%

90 Overlapping Holdings

Symbol	Grade	Weight in VALQ	Weight in FLSP	Overlap
ABBV	D	1.67%	0.59%	0.59%
ADBE	C	0.09%	0.91%	0.09%
ADSK	A	0.2%	0.36%	0.2%
AIZ	A	0.09%	0.06%	0.06%
AMAT	F	0.08%	0.66%	0.08%
APH	A	1.76%	0.18%	0.18%
APP	B	0.27%	0.31%	0.27%
BBY	D	1.12%	0.11%	0.11%
BK	A	0.1%	0.31%	0.1%
BKNG	A	0.11%	0.87%	0.11%
BMY	B	0.82%	0.59%	0.59%
CAH	B	0.84%	0.12%	0.12%
CI	F	0.66%	0.22%	0.22%
CL	D	1.71%	0.36%	0.36%
CMCSA	B	2.31%	0.42%	0.42%
CNC	D	0.06%	0.13%	0.06%
COR	B	0.09%	0.04%	0.04%
CSL	C	0.09%	0.11%	0.09%
CTAS	B	1.84%	0.35%	0.35%
CTSH	B	0.8%	0.21%	0.21%
DKS	C	0.12%	0.07%	0.07%
DOCU	A	0.33%	0.1%	0.1%
DPZ	C	0.16%	0.08%	0.08%
EA	A	0.09%	0.23%	0.09%
EBAY	D	1.88%	0.18%	0.18%
EXPD	D	0.08%	0.09%	0.08%
EXPE	B	0.13%	0.14%	0.13%
FDX	B	0.09%	0.27%	0.09%
FFIV	B	0.51%	0.08%	0.08%
FICO	B	0.25%	0.34%	0.25%
FIS	C	0.09%	0.26%	0.09%
FOXA	B	0.1%	0.07%	0.07%
FTNT	C	0.11%	0.32%	0.11%
GDDY	A	0.1%	0.15%	0.1%
GILD	C	0.11%	0.61%	0.11%
GM	B	0.1%	0.36%	0.1%
HD	A	1.96%	0.28%	0.28%
HIG	B	0.09%	0.19%	0.09%
HPQ	B	1.72%	0.2%	0.2%
IDXX	F	0.13%	0.14%	0.13%
INCY	C	0.1%	0.07%	0.07%
IQV	D	0.07%	0.17%	0.07%
JBL	B	0.29%	0.1%	0.1%
K	A	0.08%	0.12%	0.08%
KMB	D	1.91%	0.23%	0.23%
KR	B	0.23%	0.24%	0.23%
L	A	0.09%	0.09%	0.09%
LDOS	C	0.09%	0.13%	0.09%
LYB	F	1.14%	0.11%	0.11%
MANH	D	0.09%	0.09%	0.09%
MAS	D	1.21%	0.1%	0.1%
META	D	0.1%	0.45%	0.1%
MMM	D	0.11%	0.41%	0.11%
MPC	D	0.21%	0.27%	0.21%
MSFT	F	0.26%	0.57%	0.26%
MSI	B	2.23%	0.48%	0.48%
MTD	D	0.88%	0.15%	0.15%
NFLX	A	1.99%	0.45%	0.45%
NTAP	C	0.41%	0.16%	0.16%
NTRS	A	0.1%	0.12%	0.1%
OC	A	1.15%	0.09%	0.09%
PG	A	1.07%	0.13%	0.13%
PH	A	0.26%	0.23%	0.23%
PHM	D	0.08%	0.11%	0.08%
PKG	A	0.1%	0.11%	0.1%
PYPL	B	0.8%	0.45%	0.45%
QCOM	F	0.52%	0.83%	0.52%
SEIC	B	0.76%	0.06%	0.06%
SNA	A	0.11%	0.1%	0.1%
SPG	B	1.76%	0.35%	0.35%
SSNC	B	0.08%	0.09%	0.08%
STLD	B	0.1%	0.11%	0.1%
STT	A	0.09%	0.17%	0.09%
SWKS	F	0.09%	0.08%	0.08%
SYY	B	0.15%	0.15%	0.15%
TAP	C	0.1%	0.07%	0.07%
TER	D	0.07%	0.06%	0.06%
TGT	F	1.47%	0.19%	0.19%
TJX	A	0.17%	0.75%	0.17%
TROW	B	0.09%	0.16%	0.09%
TWLO	A	0.13%	0.09%	0.09%
TXT	D	0.08%	0.09%	0.08%
UBER	D	1.19%	0.49%	0.49%
UHS	D	0.19%	0.07%	0.07%
UTHR	C	0.14%	0.1%	0.1%
VLO	C	0.08%	0.25%	0.08%
VRSN	F	0.09%	0.1%	0.09%
WMT	A	2.19%	0.75%	0.75%
WSM	B	0.29%	0.11%	0.11%
ZM	B	0.38%	0.1%	0.1%

VALQ Overweight 151 Positions Relative to FLSP

Symbol	Grade	Weight
AAPL	C	2.63%
AMZN	C	2.22%
IBM	C	2.04%
INGR	B	1.94%
ETN	A	1.87%
KO	D	1.66%
CLX	B	1.55%
VLTO	D	1.55%
TXN	C	1.48%
JLL	D	1.45%
TOL	B	1.07%
OTIS	C	1.03%
SFM	A	1.02%
GPC	D	0.93%
TPR	B	0.92%
ITW	B	0.91%
LECO	B	0.86%
CSCO	B	0.72%
DOX	D	0.68%
NVT	B	0.68%
IVZ	B	0.64%
GOOGL	C	0.62%
DCI	B	0.61%
MO	A	0.56%
ALLE	D	0.55%
HRB	D	0.54%
NYT	C	0.53%
AYI	B	0.51%
REYN	D	0.46%
ECL	D	0.45%
MTG	C	0.42%
CBT	C	0.41%
HUBB	B	0.41%
G	B	0.39%
DBX	B	0.38%
FLS	B	0.36%
AZEK	A	0.33%
SHW	A	0.33%
ARW	D	0.32%
GWW	B	0.32%
AMCR	D	0.31%
SM	B	0.3%
NOVT	D	0.29%
QLYS	C	0.28%
TT	A	0.26%
FLO	D	0.23%
NEU	C	0.23%
COLM	B	0.21%
BRBR	A	0.2%
CAT	B	0.2%
ORI	A	0.19%
DVA	B	0.19%
JEF	A	0.19%
CRUS	D	0.18%
NSIT	F	0.18%
LEN	D	0.17%
LAMR	D	0.17%
CR	A	0.17%
DDS	B	0.16%
PPG	F	0.15%
GAP	C	0.15%
ROST	C	0.15%
EXEL	B	0.14%
ALSN	B	0.14%
LFUS	F	0.14%
ANF	C	0.14%
WING	D	0.13%
AMKR	D	0.13%
EME	C	0.13%
PEGA	A	0.12%
SYF	B	0.12%
MLI	C	0.11%
GL	B	0.11%
AXS	A	0.11%
AIT	A	0.11%
UNM	A	0.11%
AXTA	A	0.1%
VMI	B	0.1%
TXRH	C	0.1%
RHI	B	0.1%
THC	D	0.1%
RL	B	0.1%
EPAM	C	0.1%
BYD	C	0.1%
EVR	B	0.1%
TRMB	B	0.1%
KEYS	A	0.09%
RMD	C	0.09%
AVGO	D	0.09%
BWA	D	0.09%
MSM	C	0.09%
BRK.A	B	0.09%
TMHC	B	0.09%
DLB	B	0.09%
INFA	D	0.09%
CACI	D	0.09%
JKHY	D	0.09%
DGX	A	0.09%
FIZZ	C	0.09%
OMC	C	0.09%
PGR	A	0.09%
LMT	D	0.09%
JAZZ	B	0.09%
BMI	B	0.09%
RGA	A	0.09%
ALL	A	0.09%
MCK	B	0.09%
CMC	B	0.09%
EHC	B	0.09%
OMF	A	0.09%
HPE	B	0.09%
ALKS	B	0.09%
WTS	B	0.09%
CHTR	C	0.09%
USFD	A	0.09%
AMG	B	0.09%
MHK	D	0.08%
COKE	C	0.08%
CAG	D	0.08%
GIS	D	0.08%
AN	C	0.08%
KBH	D	0.08%
EG	C	0.08%
NXST	C	0.08%
JNJ	D	0.08%
MAT	D	0.08%
EEFT	B	0.08%
POST	C	0.08%
PVH	C	0.08%
SAIC	F	0.08%
NVR	D	0.08%
BERY	B	0.08%
PARA	C	0.08%
ADTN	A	0.08%
TSN	B	0.08%
CCK	C	0.08%
KLAC	D	0.07%
ALLY	C	0.07%
MEDP	D	0.07%
SWK	D	0.07%
CPB	D	0.07%
SKX	D	0.07%
MMS	F	0.07%
LRCX	F	0.07%
AOS	F	0.07%
TKR	D	0.07%
IGT	F	0.07%
AKAM	D	0.07%
CROX	D	0.06%
ELV	F	0.06%
QRVO	F	0.05%

VALQ Underweight 93 Positions Relative to FLSP

Symbol	Grade	Weight
MA	C	-0.77%
NOW	A	-0.75%
CRM	B	-0.7%
INTU	C	-0.68%
T	A	-0.63%
NVDA	C	-0.62%
MDT	D	-0.6%
VRTX	F	-0.49%
NVS	D	-0.48%
EOG	A	-0.44%
HCA	F	-0.36%
RTX	C	-0.34%
TMO	F	-0.34%
AFL	B	-0.33%
REGN	F	-0.33%
CDNS	B	-0.32%
CSX	B	-0.31%
VST	B	-0.29%
LNG	B	-0.29%
CMI	A	-0.25%
A	D	-0.23%
PSX	C	-0.23%
BCS	C	-0.23%
CPRT	A	-0.22%
AMP	A	-0.22%
RCL	A	-0.21%
MET	A	-0.21%
AIG	B	-0.21%
SNPS	B	-0.2%
VICI	C	-0.19%
SE	B	-0.18%
LULU	C	-0.16%
ADM	D	-0.16%
DECK	A	-0.16%
IR	B	-0.16%
MELI	D	-0.16%
MS	A	-0.15%
ANSS	B	-0.14%
WAT	B	-0.14%
PCAR	B	-0.14%
NUE	C	-0.14%
AWK	D	-0.13%
DVN	F	-0.13%
AVB	B	-0.13%
LIN	D	-0.13%
TYL	B	-0.13%
CBOE	B	-0.12%
VTR	C	-0.12%
NRG	B	-0.12%
CPAY	A	-0.12%
LYV	A	-0.12%
BR	A	-0.12%
VEEV	C	-0.12%
STX	D	-0.11%
HOLX	D	-0.11%
LII	A	-0.11%
GOOG	C	-0.11%
LVS	C	-0.11%
MRO	B	-0.1%
EL	F	-0.1%
MOH	F	-0.1%
RS	B	-0.1%
CF	B	-0.1%
BLDR	D	-0.1%
PTC	A	-0.1%
FE	C	-0.1%
GEN	B	-0.1%
UDR	B	-0.09%
ROL	B	-0.09%
VTRS	A	-0.09%
EQH	B	-0.09%
AVTR	F	-0.08%
DT	C	-0.08%
OVV	B	-0.08%
CHRW	C	-0.08%
REG	B	-0.08%
NBIX	C	-0.08%
PAYC	B	-0.07%
BG	F	-0.07%
GLPI	C	-0.07%
ACI	C	-0.06%
MKTX	D	-0.06%
MTCH	D	-0.06%
CHKP	D	-0.06%
RPRX	D	-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%
ON	D	-0.04%
HII	D	-0.04%