FLQL vs. IVE ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to iShares S&P 500 Value ETF (IVE)

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

$57.94

Average Daily Volume

47,429

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

IVE

iShares S&P 500 Value ETF

IVE Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P 500Â® Value Index (the "underlying index"), which measures the performance of the large-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$196.50

Average Daily Volume

462,299

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	IVE
30 Days	2.05%	1.99%
60 Days	4.76%	4.38%
90 Days	4.25%	8.59%
12 Months	34.98%	29.99%

108 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in IVE	Overlap
ABBV	B	1.56%	1.03%	1.03%
ADI	C	0.35%	0.22%	0.22%
AFL	A	0.23%	0.26%	0.23%
AMCR	B	0.1%	0.07%	0.07%
AMGN	D	1.26%	0.87%	0.87%
APH	C	0.58%	0.17%	0.17%
AVB	C	0.1%	0.16%	0.1%
BBY	A	0.13%	0.09%	0.09%
BRK.A	C	1.06%	3.99%	1.06%
BSX	B	0.78%	0.27%	0.27%
C	C	0.87%	0.57%	0.57%
CAT	B	1.29%	0.36%	0.36%
CB	B	0.57%	0.52%	0.52%
CF	B	0.11%	0.03%	0.03%
CFG	D	0.12%	0.09%	0.09%
CHRW	B	0.1%	0.06%	0.06%
CI	C	0.62%	0.48%	0.48%
CL	C	0.58%	0.25%	0.25%
CMI	B	0.23%	0.2%	0.2%
COST	C	1.68%	1.12%	1.12%
CTAS	C	0.44%	0.15%	0.15%
CTSH	B	0.24%	0.18%	0.18%
DAL	C	0.15%	0.06%	0.06%
DELL	C	0.17%	0.08%	0.08%
DGX	B	0.09%	0.08%	0.08%
DPZ	D	0.11%	0.04%	0.04%
DVA	B	0.11%	0.02%	0.02%
DVN	F	0.09%	0.12%	0.09%
EBAY	B	0.18%	0.15%	0.15%
ELV	D	0.38%	0.6%	0.38%
EMN	B	0.1%	0.06%	0.06%
ESS	C	0.11%	0.09%	0.09%
ETR	A	0.14%	0.13%	0.13%
EXR	C	0.12%	0.18%	0.12%
FAST	C	0.3%	0.1%	0.1%
FOX	B	0.1%	0.02%	0.02%
FOXA	B	0.1%	0.04%	0.04%
GD	C	0.42%	0.38%	0.38%
GLW	B	0.19%	0.16%	0.16%
GM	C	0.31%	0.26%	0.26%
GRMN	D	0.21%	0.06%	0.06%
GS	B	0.51%	0.75%	0.51%
GWW	B	0.33%	0.05%	0.05%
HCA	B	0.59%	0.19%	0.19%
HIG	B	0.19%	0.16%	0.16%
HPE	C	0.19%	0.12%	0.12%
HPQ	C	0.28%	0.16%	0.16%
HWM	B	0.22%	0.08%	0.08%
IBM	B	1.41%	0.96%	0.96%
IP	C	0.11%	0.08%	0.08%
IRM	C	0.19%	0.08%	0.08%
ISRG	C	1.2%	0.28%	0.28%
JNJ	C	1.65%	1.89%	1.65%
JNPR	A	0.1%	0.06%	0.06%
JPM	D	1.07%	2.88%	1.07%
K	A	0.1%	0.1%	0.1%
KMB	C	0.15%	0.23%	0.15%
LDOS	A	0.16%	0.1%	0.1%
LEN	B	0.33%	0.09%	0.09%
LEN	B	0.1%	0.09%	0.09%
LMT	A	0.44%	0.58%	0.44%
LYB	D	0.18%	0.12%	0.12%
MA	B	1.69%	0.54%	0.54%
MAS	B	0.13%	0.04%	0.04%
MCHP	D	0.27%	0.08%	0.08%
MCO	C	0.58%	0.2%	0.2%
MO	C	0.77%	0.41%	0.41%
MRK	F	1.45%	0.85%	0.85%
MSI	B	0.53%	0.15%	0.15%
NRG	B	0.11%	0.09%	0.09%
NTAP	D	0.22%	0.08%	0.08%
O	B	0.17%	0.26%	0.17%
OMC	B	0.1%	0.1%	0.1%
PCAR	D	0.4%	0.07%	0.07%
PEG	B	0.22%	0.21%	0.21%
PH	B	0.47%	0.08%	0.08%
PKG	B	0.13%	0.09%	0.09%
PM	C	0.66%	0.57%	0.57%
PSA	C	0.4%	0.16%	0.16%
QCOM	D	1.25%	0.43%	0.43%
REGN	D	0.82%	0.23%	0.23%
RL	B	0.11%	0.02%	0.02%
RMD	C	0.14%	0.17%	0.14%
ROL	C	0.1%	0.04%	0.04%
RSG	D	0.3%	0.08%	0.08%
RTX	B	0.51%	0.75%	0.51%
SO	B	0.3%	0.47%	0.3%
SPG	B	0.44%	0.15%	0.15%
STLD	C	0.15%	0.03%	0.03%
SWKS	F	0.11%	0.07%	0.07%
SYF	C	0.16%	0.1%	0.1%
SYK	C	0.88%	0.22%	0.22%
T	B	1.01%	0.74%	0.74%
TER	C	0.11%	0.1%	0.1%
TJX	C	0.94%	0.22%	0.22%
TMUS	B	0.5%	0.47%	0.47%
TSCO	B	0.15%	0.08%	0.08%
TT	B	0.62%	0.13%	0.13%
TXN	B	1.24%	0.56%	0.56%
UHS	C	0.12%	0.07%	0.07%
UNH	C	0.51%	1.58%	0.51%
VICI	C	0.11%	0.17%	0.11%
VRTX	D	0.92%	0.21%	0.21%
VZ	A	1.32%	0.89%	0.89%
WAB	B	0.16%	0.15%	0.15%
WM	D	0.64%	0.19%	0.19%
WMT	B	1.63%	1.64%	1.63%
XOM	D	0.62%	2.45%	0.62%

FLQL Overweight 102 Positions Relative to IVE

Symbol	Grade	Weight
AAPL	C	7.04%
MSFT	C	6.21%
NVDA	C	5.84%
AMZN	C	2.84%
META	B	2.56%
GOOGL	D	1.9%
AVGO	C	1.89%
LLY	D	1.68%
GOOG	D	1.62%
AMAT	D	1.11%
BKNG	B	1.0%
TSLA	C	0.86%
KLAC	D	0.85%
ANET	C	0.81%
ORCL	B	0.8%
LRCX	D	0.75%
CMG	D	0.57%
DHI	C	0.44%
URI	B	0.37%
HLT	B	0.31%
ACGL	B	0.3%
PHM	B	0.25%
NVR	B	0.23%
DECK	C	0.2%
FANG	F	0.2%
APP	C	0.19%
WSM	C	0.18%
SPOT	C	0.17%
FICO	B	0.15%
LII	C	0.15%
CSL	B	0.15%
MPWR	B	0.14%
THC	C	0.13%
RCL	B	0.13%
TOL	A	0.13%
WSO	C	0.12%
RGA	C	0.11%
TPL	C	0.11%
EVR	B	0.11%
FIX	B	0.11%
LAMR	B	0.11%
KRC	C	0.11%
SCCO	C	0.11%
UTHR	B	0.11%
DKS	D	0.11%
OC	C	0.11%
GPK	C	0.1%
NEU	D	0.1%
LNC	C	0.1%
GLPI	C	0.1%
WU	C	0.1%
MTG	B	0.1%
PK	D	0.1%
UGI	B	0.1%
SSNC	C	0.1%
DTM	C	0.1%
MEDP	F	0.1%
G	C	0.1%
AXS	B	0.1%
INGR	B	0.1%
HRB	C	0.1%
CHE	C	0.1%
ALSN	B	0.1%
LOPE	D	0.1%
CROX	C	0.1%
CRI	D	0.1%
ADC	C	0.1%
NFG	B	0.1%
RGLD	C	0.1%
NNN	B	0.1%
TNL	C	0.1%
JHG	B	0.1%
CW	B	0.1%
EHC	B	0.1%
BJ	D	0.1%
OHI	C	0.1%
CACI	B	0.1%
R	C	0.1%
EPR	C	0.1%
CASY	D	0.1%
CLH	C	0.1%
TXRH	B	0.1%
WING	C	0.1%
HIW	C	0.1%
KEX	C	0.1%
AYI	B	0.1%
JEF	C	0.1%
CUZ	C	0.1%
EME	B	0.1%
MDU	B	0.1%
AWI	B	0.1%
CIVI	F	0.09%
OGN	D	0.09%
APA	F	0.09%
COKE	C	0.09%
GAP	F	0.09%
PPC	D	0.09%
SNX	C	0.09%
M	F	0.09%
AVT	B	0.09%
MUSA	D	0.08%
CRUS	D	0.08%

FLQL Underweight 329 Positions Relative to IVE

Symbol	Grade	Weight
BAC	D	-1.3%
PG	C	-1.2%
CVX	F	-1.19%
HD	B	-1.17%
CSCO	B	-1.0%
ABT	C	-0.95%
WFC	D	-0.92%
DHR	B	-0.84%
KO	B	-0.81%
DIS	D	-0.81%
NEE	B	-0.81%
PFE	D	-0.8%
V	C	-0.77%
CMCSA	C	-0.74%
PEP	D	-0.72%
LOW	B	-0.71%
TMO	B	-0.7%
HON	C	-0.63%
BLK	B	-0.62%
MS	B	-0.61%
MCD	B	-0.57%
PLD	C	-0.56%
MDT	B	-0.55%
GE	C	-0.55%
LIN	B	-0.52%
GILD	B	-0.5%
BMY	C	-0.48%
MU	D	-0.48%
SCHW	D	-0.47%
ACN	C	-0.46%
INTC	D	-0.45%
SPGI	C	-0.45%
UPS	D	-0.45%
ICE	C	-0.44%
DUK	B	-0.43%
UNP	D	-0.39%
PYPL	B	-0.38%
PGR	C	-0.36%
NOC	B	-0.35%
CVS	D	-0.35%
WELL	C	-0.35%
PNC	C	-0.35%
MMM	B	-0.35%
TGT	C	-0.34%
USB	C	-0.34%
ADP	C	-0.33%
MCK	F	-0.32%
BDX	D	-0.32%
APD	B	-0.31%
AMT	C	-0.31%
NEM	C	-0.3%
SLB	F	-0.29%
EMR	D	-0.29%
FDX	D	-0.28%
MDLZ	C	-0.28%
COF	B	-0.28%
NKE	D	-0.28%
NSC	C	-0.27%
TFC	D	-0.27%
AEP	C	-0.26%
PSX	F	-0.26%
TRV	C	-0.26%
MMC	C	-0.25%
SRE	B	-0.25%
BK	B	-0.25%
JCI	B	-0.24%
ETN	C	-0.24%
CCI	C	-0.24%
BA	F	-0.24%
ALL	C	-0.24%
AIG	D	-0.23%
MET	B	-0.23%
D	C	-0.23%
CME	B	-0.23%
FI	B	-0.23%
AXP	B	-0.22%
FIS	C	-0.22%
PCG	C	-0.21%
VLO	F	-0.21%
PRU	C	-0.21%
SHW	B	-0.21%
KVUE	B	-0.21%
CEG	C	-0.21%
EQIX	B	-0.21%
LHX	C	-0.21%
SBUX	C	-0.21%
DE	A	-0.21%
A	C	-0.2%
GIS	B	-0.2%
KMI	C	-0.2%
F	F	-0.2%
STZ	C	-0.19%
ZTS	B	-0.19%
COP	F	-0.19%
KDP	B	-0.19%
CNC	D	-0.19%
COR	F	-0.19%
CTVA	B	-0.19%
EXC	B	-0.19%
CBRE	B	-0.18%
AON	B	-0.18%
KR	B	-0.18%
SYY	C	-0.18%
ITW	B	-0.18%
HUM	F	-0.18%
GEHC	B	-0.18%
GEV	B	-0.18%
CARR	B	-0.17%
DD	B	-0.17%
OXY	F	-0.17%
ED	B	-0.17%
XEL	B	-0.17%
BKR	C	-0.17%
DOW	C	-0.17%
XYL	C	-0.16%
EIX	B	-0.16%
WMB	C	-0.16%
CSX	C	-0.16%
ROP	C	-0.16%
NDAQ	C	-0.15%
KHC	C	-0.15%
ECL	B	-0.15%
BX	C	-0.15%
FCX	C	-0.15%
GPN	D	-0.14%
AWK	C	-0.14%
DLR	B	-0.14%
ABNB	D	-0.14%
BIIB	F	-0.14%
FITB	B	-0.14%
ADM	D	-0.14%
WTW	B	-0.14%
PPG	C	-0.14%
AJG	D	-0.14%
WEC	B	-0.14%
MTB	C	-0.14%
EQR	C	-0.13%
STT	B	-0.13%
KEYS	B	-0.13%
VLTO	B	-0.13%
CAH	C	-0.13%
TEL	D	-0.13%
ADSK	B	-0.13%
TROW	C	-0.12%
WY	C	-0.12%
EOG	D	-0.12%
MPC	F	-0.12%
EW	F	-0.12%
PAYX	C	-0.12%
FSLR	C	-0.12%
VTR	C	-0.12%
DTE	A	-0.12%
DOV	B	-0.12%
IQV	D	-0.12%
HAL	F	-0.12%
IFF	A	-0.12%
MRNA	F	-0.11%
FE	B	-0.11%
EFX	C	-0.11%
AEE	B	-0.11%
RJF	C	-0.11%
SW	B	-0.11%
OTIS	B	-0.11%
PPL	A	-0.11%
ES	B	-0.11%
BALL	C	-0.1%
CLX	C	-0.1%
TDY	B	-0.1%
AME	C	-0.1%
EQT	C	-0.1%
INVH	D	-0.1%
OKE	C	-0.1%
CMS	B	-0.1%
MKC	C	-0.1%
CINF	C	-0.1%
RF	B	-0.1%
ATO	B	-0.1%
AMP	B	-0.1%
HBAN	B	-0.1%
WDC	C	-0.1%
ZBH	F	-0.1%
HSY	D	-0.09%
CSGP	D	-0.09%
PFG	B	-0.09%
WBD	D	-0.09%
CNP	C	-0.09%
IDXX	D	-0.09%
NTRS	C	-0.09%
MTD	C	-0.09%
APTV	D	-0.09%
J	A	-0.09%
MSCI	C	-0.09%
LH	D	-0.09%
ZBRA	B	-0.09%
DG	F	-0.09%
EA	D	-0.09%
ARE	C	-0.09%
MAA	C	-0.09%
HOLX	D	-0.09%
GPC	D	-0.09%
YUM	B	-0.09%
BAX	C	-0.09%
EL	D	-0.09%
KIM	C	-0.08%
IEX	C	-0.08%
AZO	B	-0.08%
KEY	C	-0.08%
SWK	B	-0.08%
DFS	C	-0.08%
ON	D	-0.08%
TXT	D	-0.08%
EG	B	-0.08%
VRSK	D	-0.08%
UAL	B	-0.08%
AVY	C	-0.08%
TSN	D	-0.08%
ORLY	B	-0.08%
CHTR	D	-0.08%
LUV	C	-0.08%
WRB	D	-0.08%
CDW	D	-0.08%
VTRS	D	-0.07%
JBHT	D	-0.07%
UDR	C	-0.07%
NDSN	C	-0.07%
BG	F	-0.07%
EVRG	B	-0.07%
L	D	-0.07%
TRMB	C	-0.07%
GEN	A	-0.07%
DLTR	F	-0.07%
MNST	D	-0.07%
NXPI	D	-0.07%
RVTY	B	-0.07%
LNT	A	-0.07%
NI	B	-0.07%
SBAC	C	-0.07%
DOC	B	-0.07%
CAG	B	-0.07%
ROK	D	-0.07%
MLM	D	-0.06%
BXP	C	-0.06%
REG	C	-0.06%
IPG	C	-0.06%
KMX	D	-0.06%
ANSS	D	-0.06%
VMC	C	-0.06%
TTWO	D	-0.06%
HUBB	B	-0.06%
TECH	C	-0.06%
SJM	C	-0.06%
WAT	B	-0.06%
JKHY	B	-0.06%
COO	C	-0.06%
FFIV	B	-0.06%
NUE	D	-0.06%
STX	B	-0.06%
PWR	B	-0.06%
CPT	C	-0.06%
AES	C	-0.06%
CHD	C	-0.06%
FDS	C	-0.05%
GL	D	-0.05%
TAP	D	-0.05%
SOLV	D	-0.05%
DRI	C	-0.05%
TPR	A	-0.05%
MKTX	D	-0.05%
QRVO	F	-0.05%
ENPH	D	-0.05%
NWSA	D	-0.05%
AIZ	B	-0.05%
ALB	D	-0.05%
CPB	C	-0.05%
PNW	C	-0.05%
PODD	C	-0.05%
STE	B	-0.05%
HII	F	-0.05%
CRL	F	-0.05%
INCY	C	-0.05%
BR	C	-0.05%
LKQ	F	-0.05%
CTLT	B	-0.05%
EXPD	B	-0.05%
DXCM	F	-0.05%
TFX	B	-0.05%
MRO	D	-0.04%
BWA	C	-0.04%
IVZ	B	-0.04%
ALLE	B	-0.04%
FMC	B	-0.04%
CBOE	C	-0.04%
VRSN	C	-0.04%
AKAM	D	-0.04%
ALGN	D	-0.04%
SNA	B	-0.04%
MOS	F	-0.04%
PTC	C	-0.04%
MHK	B	-0.04%
MOH	D	-0.04%
FRT	C	-0.04%
IR	B	-0.04%
HSIC	C	-0.04%
HRL	F	-0.04%
HAS	B	-0.04%
MTCH	C	-0.04%
BRO	C	-0.03%
ERIE	B	-0.03%
CCL	C	-0.03%
JBL	C	-0.03%
LVS	C	-0.03%
CTRA	F	-0.03%
POOL	C	-0.03%
PARA	D	-0.03%
WBA	F	-0.03%
BEN	F	-0.03%
BBWI	D	-0.03%
ULTA	D	-0.03%
EPAM	F	-0.03%
LW	D	-0.02%
GNRC	D	-0.02%
CZR	C	-0.02%
AOS	B	-0.02%
DAY	D	-0.02%
PAYC	D	-0.02%
PNR	B	-0.02%
HST	D	-0.02%
MGM	D	-0.01%
NWS	D	-0.01%