AFSM vs. FLQS ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS)

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.19

Average Daily Volume

15,699

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

FLQS

Franklin LibertyQ U.S. Small Cap Equity ETF

FLQS Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Small Cap Equity Index (the U.S. Small Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Small Cap underlying index. The U.S. Small Cap underlying index is based on the Russell 2000® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$44.51

Average Daily Volume

3,172

Number of Holdings ^*

463

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	FLQS
30 Days	5.15%	6.43%
60 Days	4.94%	6.42%
90 Days	5.47%	7.02%
12 Months	31.74%	27.84%

135 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in FLQS	Overlap
ACIW	B	0.02%	0.39%	0.02%
ACLS	F	0.02%	0.27%	0.02%
ACT	C	0.49%	0.15%	0.15%
AIT	B	0.14%	1.3%	0.14%
ALKS	C	0.93%	0.67%	0.67%
AMCX	C	0.1%	0.04%	0.04%
AMN	F	0.04%	0.15%	0.04%
AMR	C	0.39%	0.33%	0.33%
ANF	F	0.82%	0.78%	0.78%
APAM	B	0.06%	0.2%	0.06%
APOG	C	0.37%	0.18%	0.18%
AROC	A	0.64%	0.35%	0.35%
ASC	F	0.19%	0.06%	0.06%
ASO	F	0.28%	0.45%	0.28%
ATEN	A	0.05%	0.19%	0.05%
ATGE	B	0.32%	0.42%	0.32%
ATKR	D	0.33%	0.42%	0.33%
BCC	B	0.72%	0.73%	0.72%
BDC	C	0.39%	0.56%	0.39%
BHE	C	0.29%	0.11%	0.11%
BKE	B	0.28%	0.24%	0.24%
BMI	B	0.63%	0.9%	0.63%
BNL	D	0.27%	0.4%	0.27%
BTU	B	0.55%	0.37%	0.37%
CAL	F	0.36%	0.15%	0.15%
CALM	A	0.72%	0.54%	0.54%
CCRN	F	0.26%	0.05%	0.05%
CEIX	A	0.67%	0.6%	0.6%
CHCO	B	0.54%	0.22%	0.22%
CMC	B	0.33%	0.83%	0.33%
CMPR	D	0.2%	0.21%	0.2%
CNXN	C	0.35%	0.11%	0.11%
COLL	F	0.04%	0.06%	0.04%
CORT	B	0.57%	0.62%	0.57%
CPRX	C	0.93%	0.32%	0.32%
CRAI	C	0.36%	0.16%	0.16%
CRVL	B	0.62%	0.42%	0.42%
CSGS	B	0.13%	0.25%	0.13%
CSWI	B	0.46%	0.83%	0.46%
CTRE	C	0.07%	0.54%	0.07%
CVLT	B	0.74%	1.2%	0.74%
DFIN	D	0.46%	0.19%	0.19%
DHT	F	0.19%	0.1%	0.1%
EGBN	B	0.57%	0.1%	0.1%
EMBC	C	0.03%	0.13%	0.03%
EPAC	C	0.0%	0.17%	0.0%
ESNT	F	0.34%	0.8%	0.34%
ETD	C	0.04%	0.11%	0.04%
EVER	D	0.41%	0.03%	0.03%
EXTR	C	0.21%	0.26%	0.21%
FTDR	B	0.06%	0.57%	0.06%
GEO	B	0.51%	0.4%	0.4%
GFF	A	0.1%	0.19%	0.1%
GIII	D	0.25%	0.16%	0.16%
GMS	B	0.6%	0.61%	0.6%
GOGL	F	0.18%	0.09%	0.09%
HCC	B	0.27%	0.44%	0.27%
HIMS	B	0.51%	0.37%	0.37%
HRMY	D	0.36%	0.11%	0.11%
HSII	B	0.64%	0.15%	0.15%
HURN	C	0.29%	0.2%	0.2%
HWKN	B	0.61%	0.23%	0.23%
HY	D	0.16%	0.06%	0.06%
IDCC	B	1.17%	0.55%	0.55%
IESC	C	0.41%	0.24%	0.24%
IIPR	D	0.36%	0.36%	0.36%
IMKTA	C	0.22%	0.15%	0.15%
INMD	C	0.38%	0.18%	0.18%
INSW	F	0.2%	0.19%	0.19%
INVA	D	0.11%	0.15%	0.11%
JXN	C	0.78%	1.0%	0.78%
KELYA	F	0.16%	0.06%	0.06%
KTB	B	0.08%	0.84%	0.08%
LMAT	A	0.23%	0.27%	0.23%
LPG	F	0.32%	0.06%	0.06%
LRN	A	0.36%	0.64%	0.36%
MATX	C	0.37%	0.66%	0.37%
MCY	A	0.65%	0.25%	0.25%
MD	C	0.36%	0.18%	0.18%
MED	D	0.23%	0.03%	0.03%
METC	C	0.14%	0.04%	0.04%
MHO	D	0.78%	0.45%	0.45%
MITK	C	0.0%	0.04%	0.0%
MLI	B	1.38%	1.32%	1.32%
MLKN	F	0.08%	0.23%	0.08%
MOG.A	B	0.34%	0.74%	0.34%
MOV	D	0.13%	0.05%	0.05%
NECB	C	0.14%	0.04%	0.04%
NHC	C	1.2%	0.22%	0.22%
NMIH	C	0.56%	0.4%	0.4%
NSIT	F	0.05%	0.56%	0.05%
NSSC	D	0.19%	0.18%	0.18%
NTCT	C	0.23%	0.17%	0.17%
NUS	D	0.2%	0.06%	0.06%
ODP	F	0.29%	0.13%	0.13%
OTTR	C	0.04%	0.39%	0.04%
PBF	D	0.32%	0.34%	0.32%
PDM	D	0.34%	0.15%	0.15%
PFBC	B	0.87%	0.14%	0.14%
PLUS	F	0.59%	0.3%	0.3%
PRDO	B	0.47%	0.31%	0.31%
PRGS	A	0.38%	0.38%	0.38%
PRK	B	0.58%	0.18%	0.18%
REVG	C	0.05%	0.1%	0.05%
REZI	A	0.6%	0.27%	0.27%
RMR	F	0.42%	0.05%	0.05%
RYI	C	0.03%	0.08%	0.03%
SBH	C	0.21%	0.24%	0.21%
SCS	C	0.31%	0.17%	0.17%
SCVL	F	0.15%	0.08%	0.08%
SEMR	C	0.04%	0.04%	0.04%
SFM	A	1.0%	1.67%	1.0%
SIG	B	0.37%	0.58%	0.37%
SIGA	F	0.21%	0.04%	0.04%
SLVM	B	0.65%	0.36%	0.36%
SMP	C	0.22%	0.1%	0.1%
SPNS	F	0.3%	0.1%	0.1%
SPSC	D	0.09%	0.87%	0.09%
STNG	F	0.15%	0.3%	0.15%
SWX	B	0.05%	0.68%	0.05%
SXC	A	0.27%	0.13%	0.13%
TCMD	B	0.29%	0.05%	0.05%
TGNA	B	0.55%	0.45%	0.45%
TILE	B	0.37%	0.1%	0.1%
TNC	D	0.18%	0.24%	0.18%
UFPT	C	0.6%	0.24%	0.24%
VCTR	B	0.21%	0.27%	0.21%
VITL	D	0.03%	0.07%	0.03%
VNDA	C	0.23%	0.04%	0.04%
VRNS	D	0.26%	0.37%	0.26%
VSH	F	0.16%	0.23%	0.16%
WNC	C	0.38%	0.09%	0.09%
YEXT	B	0.11%	0.1%	0.1%
YMAB	F	0.41%	0.03%	0.03%
YOU	D	0.37%	0.17%	0.17%

AFSM Overweight 160 Positions Relative to FLQS

Symbol	Grade	Weight
SKYW	C	1.22%
CRS	B	0.87%
DAKT	C	0.86%
STRL	A	0.84%
ZETA	D	0.81%
FIX	A	0.79%
EME	A	0.79%
MTG	C	0.73%
HALO	F	0.7%
UVE	B	0.7%
POWL	C	0.7%
TMHC	C	0.7%
TBBK	B	0.7%
RDN	D	0.7%
SANM	B	0.67%
SLG	B	0.65%
COOP	B	0.63%
FDP	B	0.61%
GMED	A	0.61%
NTB	B	0.58%
NHI	D	0.57%
SUPN	C	0.56%
OFG	B	0.54%
BXC	B	0.54%
CVNA	B	0.53%
BELFB	C	0.53%
STBA	B	0.53%
DOLE	D	0.53%
KBH	D	0.52%
BRBR	A	0.52%
AMWD	C	0.52%
COKE	C	0.51%
MUSA	B	0.51%
PI	D	0.5%
APPF	B	0.49%
WT	A	0.49%
TEX	F	0.47%
PINC	B	0.46%
HRB	D	0.44%
DDS	B	0.44%
PLAB	C	0.43%
USLM	A	0.43%
LNTH	D	0.43%
WFRD	D	0.42%
LGND	C	0.41%
QTWO	A	0.4%
ADUS	D	0.4%
VRNT	C	0.38%
M	F	0.37%
RDNT	B	0.37%
ANIP	F	0.37%
BPMC	B	0.36%
LOPE	C	0.36%
BLBD	D	0.36%
HIW	C	0.35%
CASH	B	0.35%
TRMK	C	0.34%
MTH	D	0.34%
FBP	C	0.33%
PFS	B	0.32%
CUZ	B	0.31%
IBOC	B	0.31%
TWI	F	0.3%
DXC	B	0.3%
CNK	C	0.3%
GRBK	D	0.3%
RXST	F	0.3%
AKR	B	0.29%
CRDO	B	0.29%
DNOW	B	0.29%
SBRA	C	0.29%
ADMA	B	0.28%
VIRT	A	0.28%
PHIN	A	0.28%
HUBG	A	0.28%
THFF	B	0.28%
AZZ	A	0.27%
MEDP	D	0.27%
AVNS	F	0.27%
ITCI	C	0.27%
PSN	D	0.27%
ABG	C	0.26%
INTA	B	0.26%
BKU	A	0.26%
PRG	C	0.26%
HCI	C	0.26%
BKH	A	0.26%
PIPR	A	0.25%
GNK	D	0.25%
AGX	B	0.25%
PRM	C	0.25%
HAE	C	0.23%
KN	B	0.23%
HLX	B	0.22%
HDSN	F	0.22%
AMKR	D	0.21%
NX	C	0.21%
TMDX	F	0.21%
WABC	B	0.21%
PK	C	0.2%
BLFS	C	0.2%
ENS	F	0.2%
KRC	B	0.2%
SGBX	F	0.19%
ONTO	F	0.19%
ASGN	F	0.19%
TARS	C	0.19%
UCTT	D	0.18%
TPC	C	0.18%
NAVI	F	0.18%
HOV	D	0.17%
TGTX	B	0.17%
NVST	B	0.17%
ADNT	F	0.17%
AXSM	B	0.17%
BRC	D	0.16%
XRX	F	0.16%
SD	D	0.16%
HROW	D	0.16%
SCSC	C	0.15%
GES	F	0.15%
ALRM	C	0.14%
MRVI	F	0.14%
AYI	B	0.14%
EIG	B	0.13%
TWST	F	0.13%
CWCO	C	0.13%
PCRX	C	0.13%
CECO	B	0.12%
CLW	F	0.12%
ALKT	B	0.12%
OSCR	D	0.11%
CHRD	D	0.11%
CGEM	F	0.11%
RAMP	B	0.1%
ASTH	F	0.1%
MAX	F	0.09%
KRYS	C	0.08%
ATLO	C	0.07%
TPH	D	0.07%
PEBK	B	0.07%
WGO	C	0.07%
CTS	C	0.06%
GRND	A	0.06%
JWN	D	0.06%
OMI	F	0.06%
KSS	F	0.06%
OGS	A	0.05%
AMPH	F	0.05%
HE	C	0.04%
TDC	D	0.04%
PHR	F	0.04%
FORM	D	0.04%
EOLS	D	0.04%
ANDE	D	0.04%
PGNY	F	0.03%
JBI	F	0.03%
SWI	C	0.03%
LBRT	D	0.03%
MAIN	A	0.0%

AFSM Underweight 328 Positions Relative to FLQS

Symbol	Grade	Weight
UFPI	C	-0.99%
WTS	B	-0.8%
QLYS	B	-0.79%
RMBS	B	-0.75%
GPI	B	-0.73%
MMSI	A	-0.71%
EXPO	D	-0.71%
FELE	B	-0.69%
IBP	D	-0.69%
SIGI	C	-0.65%
HOMB	A	-0.65%
KFY	B	-0.64%
KAI	B	-0.63%
BOX	B	-0.62%
MGY	A	-0.59%
WDFC	B	-0.58%
BCO	F	-0.58%
PNM	B	-0.56%
PBH	A	-0.56%
SKT	A	-0.55%
CRC	A	-0.54%
ASB	B	-0.5%
MGEE	B	-0.49%
RUSHA	C	-0.48%
ESE	B	-0.48%
WK	B	-0.47%
SHOO	F	-0.47%
MWA	B	-0.46%
BLKB	B	-0.46%
LANC	C	-0.45%
TDS	B	-0.45%
NOG	B	-0.45%
BXMT	C	-0.44%
NWE	B	-0.44%
AWR	B	-0.44%
SR	A	-0.43%
PLXS	B	-0.42%
AEO	F	-0.42%
SXT	C	-0.42%
WERN	C	-0.41%
GNW	A	-0.41%
CAKE	C	-0.4%
IOSP	C	-0.39%
HNI	B	-0.39%
CWT	C	-0.39%
EPRT	B	-0.38%
AVA	A	-0.38%
IPAR	B	-0.37%
ARCH	B	-0.37%
YELP	C	-0.36%
ICFI	F	-0.36%
NARI	C	-0.36%
MGRC	B	-0.36%
NSP	F	-0.35%
GOLF	B	-0.35%
PATK	C	-0.35%
CARG	B	-0.35%
LCII	C	-0.35%
FCPT	C	-0.35%
FSS	B	-0.35%
UNF	B	-0.34%
CVBF	A	-0.34%
OSIS	A	-0.33%
TNET	F	-0.33%
PSMT	D	-0.31%
STRA	C	-0.31%
SXI	B	-0.31%
JJSF	C	-0.3%
ENVA	B	-0.3%
CNO	B	-0.29%
CNMD	C	-0.29%
NBTB	B	-0.29%
PRIM	A	-0.28%
HI	C	-0.27%
ACAD	C	-0.27%
PDCO	F	-0.27%
LZB	B	-0.27%
ALG	B	-0.26%
ENR	B	-0.26%
UPBD	B	-0.26%
FL	F	-0.24%
PJT	A	-0.24%
ROIC	A	-0.24%
OPCH	D	-0.24%
GPOR	B	-0.23%
NWBI	B	-0.23%
HEES	C	-0.23%
CENTA	C	-0.23%
DORM	B	-0.23%
GEF	A	-0.23%
WWW	A	-0.22%
SJW	F	-0.22%
ATRC	C	-0.21%
EPC	F	-0.21%
PZZA	F	-0.21%
NWN	A	-0.2%
LTC	B	-0.2%
CALX	D	-0.2%
KFRC	D	-0.19%
UVV	B	-0.19%
RVLV	A	-0.19%
HELE	C	-0.19%
BLMN	F	-0.19%
SONO	C	-0.19%
CBRL	C	-0.19%
OXM	F	-0.18%
WMK	C	-0.18%
VCEL	B	-0.18%
HOPE	C	-0.18%
SFL	D	-0.17%
NVEE	F	-0.17%
AAT	B	-0.17%
GABC	B	-0.17%
FIZZ	C	-0.17%
AGYS	A	-0.17%
HLIT	D	-0.16%
SRCE	B	-0.16%
MCRI	A	-0.16%
UNFI	A	-0.15%
BBSI	B	-0.15%
DLX	B	-0.15%
PEBO	B	-0.15%
MDXG	B	-0.14%
OCFC	B	-0.14%
BRKL	B	-0.14%
DXPE	C	-0.13%
SYBT	B	-0.13%
MRTN	D	-0.13%
TMP	B	-0.13%
XPEL	B	-0.13%
SAH	C	-0.13%
UTL	B	-0.12%
MNRO	D	-0.12%
CWH	B	-0.12%
UPWK	B	-0.12%
BLX	B	-0.12%
CRGY	B	-0.12%
PRO	C	-0.11%
IDT	B	-0.11%
GRC	A	-0.11%
FWRD	D	-0.11%
HCKT	B	-0.11%
IMXI	B	-0.11%
FIGS	F	-0.1%
AESI	B	-0.1%
MLR	C	-0.1%
SSTK	F	-0.1%
SPTN	D	-0.1%
JBSS	F	-0.1%
UTI	B	-0.1%
JACK	C	-0.1%
HTLD	C	-0.09%
TRST	B	-0.09%
RGR	F	-0.09%
OSPN	A	-0.09%
CMRE	C	-0.09%
THR	B	-0.09%
ELME	D	-0.09%
ZIP	D	-0.09%
TRTX	C	-0.08%
KREF	C	-0.08%
SWBI	C	-0.08%
LQDT	B	-0.08%
MATW	C	-0.08%
SCHL	F	-0.08%
EBF	F	-0.08%
USNA	C	-0.07%
NRDS	C	-0.07%
TPB	B	-0.07%
WRLD	C	-0.07%
NFBK	C	-0.07%
PTLO	F	-0.07%
CASS	C	-0.07%
SMBC	B	-0.07%
EGY	D	-0.07%
YORW	F	-0.07%
IRWD	F	-0.07%
BBW	C	-0.07%
CVI	F	-0.07%
ACCO	C	-0.07%
PAHC	C	-0.07%
AORT	B	-0.07%
MYE	F	-0.06%
FFIC	B	-0.06%
LOVE	A	-0.06%
HVT	D	-0.06%
CPF	B	-0.06%
CYH	F	-0.06%
PGRE	F	-0.06%
LILAK	D	-0.06%
FOR	F	-0.06%
FC	F	-0.06%
BDN	C	-0.06%
FMNB	B	-0.06%
CCSI	C	-0.06%
GIC	D	-0.06%
IRMD	C	-0.06%
AXGN	C	-0.06%
RUSHB	C	-0.06%
LYTS	B	-0.06%
UHT	D	-0.06%
CHCT	C	-0.06%
BMRC	B	-0.05%
MCFT	C	-0.05%
HTBK	B	-0.05%
BV	C	-0.05%
NGVC	A	-0.05%
ULH	C	-0.05%
GCO	C	-0.05%
NVEC	B	-0.05%
NPK	B	-0.05%
LXFR	C	-0.05%
VLGEA	C	-0.05%
FBIZ	B	-0.05%
OOMA	B	-0.05%
MCW	C	-0.05%
DJCO	B	-0.05%
CENT	C	-0.05%
LINC	C	-0.05%
BASE	B	-0.05%
FCBC	C	-0.05%
GEF	A	-0.05%
SRDX	B	-0.05%
CFB	B	-0.05%
ENFN	B	-0.05%
RM	C	-0.04%
PKST	F	-0.04%
SB	F	-0.04%
CMTG	F	-0.04%
HBCP	C	-0.04%
ORGO	B	-0.04%
SPOK	B	-0.04%
GNTY	A	-0.04%
TITN	C	-0.04%
NAT	F	-0.04%
ODC	B	-0.04%
TMCI	C	-0.04%
PLPC	B	-0.04%
FLIC	B	-0.04%
REPX	A	-0.04%
LGTY	C	-0.04%
RGP	F	-0.04%
PFIS	A	-0.04%
NRC	F	-0.04%
CDXC	B	-0.03%
KRT	B	-0.03%
FLWS	D	-0.03%
TTSH	F	-0.03%
KRNY	C	-0.03%
OFLX	D	-0.03%
PFMT	F	-0.03%
ALX	D	-0.03%
OLP	B	-0.03%
TH	C	-0.03%
IMMR	C	-0.03%
CMPO	B	-0.03%
LILA	D	-0.03%
NATH	C	-0.03%
GCMG	B	-0.03%
PBPB	C	-0.03%
BWMN	C	-0.03%
PKBK	A	-0.03%
SMLR	B	-0.03%
RMAX	C	-0.03%
IBTA	C	-0.03%
VPG	F	-0.03%
WEYS	C	-0.03%
RLGT	B	-0.03%
GRNT	B	-0.03%
GPMT	C	-0.02%
NREF	A	-0.02%
RMNI	C	-0.02%
BTMD	B	-0.02%
SGC	C	-0.02%
III	C	-0.02%
ESCA	B	-0.02%
REFI	A	-0.02%
SNBR	F	-0.02%
FLXS	B	-0.02%
MYPS	C	-0.02%
RCKY	F	-0.02%
APEI	B	-0.02%
GWRS	B	-0.02%
INFU	B	-0.02%
AVNW	F	-0.02%
RELL	B	-0.02%
JYNT	C	-0.02%
JOUT	F	-0.02%
DXLG	D	-0.02%
CHMG	B	-0.02%
CZNC	C	-0.02%
HOFT	B	-0.02%
ESSA	B	-0.02%
DBI	F	-0.02%
ZYXI	D	-0.02%
EPM	A	-0.02%
IBEX	B	-0.02%
CIO	C	-0.02%
MG	D	-0.02%
REAL	B	-0.02%
NATR	C	-0.02%
JAKK	C	-0.02%
LCUT	F	-0.01%
CURV	D	-0.01%
MAPS	B	-0.01%
FENC	D	-0.01%
CIX	D	-0.01%
NTIC	B	-0.01%
PBYI	C	-0.01%
METCB	F	-0.01%
LWAY	C	-0.01%
STKS	F	-0.01%
HBIO	F	-0.01%
NL	B	-0.01%
QIPT	F	-0.01%
SEVN	C	-0.01%
CPSS	B	-0.01%
VIRC	B	-0.01%
CMT	C	-0.01%
HBB	F	-0.01%
MPX	C	-0.01%
FORR	C	-0.01%
BSVN	B	-0.01%
EGAN	C	-0.01%
VRA	C	-0.01%
FSTR	B	-0.01%
GAMB	A	-0.01%
JILL	C	-0.01%