FLQL vs. JEPQ ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ)

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

JEPQ

J.P. Morgan Nasdaq Equity Premium Income ETF

JEPQ Description

J.P. Morgan Nasdaq Equity Premium Income ETF its a fund to list on the Nasdaq, is an active equity ETF that seeks to deliver an attractive distributable yield while also delivering a significant portion of the returns associated with the fund’s primary benchmark, the Nasdaq-100 Index, with less volatility. This Fund was built for investors that are seeking income while also owning companies that provide exposure to Nasdaq's innovative marketplace. This strategy benefits from the intentionality of an active manager while being delivered through the ETF technology.

Grade (RS Rating)

Last Trade

$56.57

Average Daily Volume

3,052,605

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	JEPQ
30 Days	2.44%	3.94%
60 Days	3.55%	5.67%
90 Days	4.50%	8.10%
12 Months	31.26%	24.97%

30 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in JEPQ	Overlap
AAPL	C	7.0%	7.24%	7.0%
ABBV	D	1.33%	0.43%	0.43%
ADI	D	0.32%	0.88%	0.32%
AMAT	F	0.96%	0.47%	0.47%
AMGN	D	1.05%	0.39%	0.39%
AMZN	C	2.92%	4.57%	2.92%
APP	B	0.42%	0.24%	0.24%
AVGO	D	1.77%	3.5%	1.77%
BKNG	A	1.19%	1.3%	1.19%
CMG	B	0.57%	0.38%	0.38%
COST	B	1.7%	1.62%	1.62%
CTSH	B	0.24%	0.13%	0.13%
FANG	D	0.2%	0.29%	0.2%
GOOG	C	1.73%	3.99%	1.73%
ISRG	A	1.3%	1.26%	1.26%
LRCX	F	0.66%	0.7%	0.66%
MA	C	1.79%	0.32%	0.32%
META	D	2.48%	4.21%	2.48%
MSFT	F	5.96%	6.49%	5.96%
NVDA	C	6.71%	7.42%	6.71%
ORCL	B	0.88%	0.41%	0.41%
QCOM	F	1.22%	0.9%	0.9%
REGN	F	0.59%	0.67%	0.59%
SO	D	0.29%	0.33%	0.29%
TER	D	0.08%	0.16%	0.08%
TMUS	B	0.59%	1.17%	0.59%
TSLA	B	1.13%	3.11%	1.13%
TXN	C	1.24%	0.88%	0.88%
UNH	C	0.52%	0.33%	0.33%
VRTX	F	0.92%	0.84%	0.84%

FLQL Overweight 180 Positions Relative to JEPQ

Symbol	Grade	Weight
GOOGL	C	2.04%
WMT	A	1.68%
JNJ	D	1.55%
IBM	C	1.31%
LLY	F	1.31%
CAT	B	1.27%
VZ	C	1.24%
JPM	A	1.23%
MRK	F	1.21%
BRK.A	B	1.11%
T	A	1.07%
C	A	0.97%
TJX	A	0.95%
SYK	C	0.94%
MO	A	0.85%
BSX	B	0.84%
ANET	C	0.77%
PM	B	0.71%
WM	A	0.67%
KLAC	D	0.67%
TT	A	0.65%
XOM	B	0.63%
GS	A	0.6%
APH	A	0.6%
MSI	B	0.58%
CI	F	0.56%
CB	C	0.56%
MCO	B	0.56%
PH	A	0.52%
CL	D	0.52%
RTX	C	0.5%
HCA	F	0.49%
SPG	B	0.46%
CTAS	B	0.46%
PCAR	B	0.44%
LMT	D	0.4%
GD	F	0.39%
GWW	B	0.38%
PSA	D	0.38%
URI	B	0.38%
DHI	D	0.36%
GM	B	0.35%
HLT	A	0.33%
FAST	B	0.33%
RSG	A	0.31%
LEN	D	0.3%
HPQ	B	0.29%
ELV	F	0.28%
ACGL	D	0.26%
CMI	A	0.26%
HWM	A	0.25%
GRMN	B	0.25%
MCHP	D	0.23%
AFL	B	0.23%
SPOT	B	0.22%
PHM	D	0.22%
PEG	A	0.22%
DECK	A	0.22%
SYF	B	0.21%
HPE	B	0.21%
NTAP	C	0.21%
DAL	C	0.2%
DELL	C	0.19%
HIG	B	0.19%
GLW	B	0.19%
NVR	D	0.19%
IRM	D	0.18%
LDOS	C	0.17%
FICO	B	0.17%
EBAY	D	0.17%
WAB	B	0.17%
RCL	A	0.17%
LYB	F	0.16%
TPL	A	0.16%
ETR	B	0.16%
STLD	B	0.16%
PKG	A	0.15%
LII	A	0.15%
CSL	C	0.15%
TSCO	D	0.15%
O	D	0.15%
WSM	B	0.15%
KMB	D	0.14%
WSO	A	0.13%
OC	A	0.13%
TOL	B	0.13%
RMD	C	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%
RL	B	0.12%
JEF	A	0.12%
MAS	D	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%
CF	B	0.11%
ESS	B	0.11%
TXRH	C	0.11%
JHG	A	0.11%
THC	D	0.11%
BBY	D	0.11%
UGI	A	0.1%
OHI	C	0.1%
ROL	B	0.1%
SCCO	F	0.1%
K	A	0.1%
EMN	D	0.1%
DGX	A	0.1%
CLH	B	0.1%
LAMR	D	0.1%
UHS	D	0.1%
AVB	B	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%
CHRW	C	0.1%
CUZ	B	0.1%
AMCR	D	0.09%
WU	D	0.09%
JNPR	F	0.09%
NNN	D	0.09%
MPWR	F	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%
SWKS	F	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%
DVN	F	0.08%
CROX	D	0.07%
OGN	D	0.07%
CRUS	D	0.07%
MDU	D	0.07%

FLQL Underweight 59 Positions Relative to JEPQ

Symbol	Grade	Weight
NFLX	A	-2.15%
AMD	F	-1.35%
INTU	C	-1.34%
CMCSA	B	-1.04%
ADBE	C	-1.04%
CSCO	B	-0.99%
PANW	C	-0.96%
LIN	D	-0.92%
SNPS	B	-0.77%
PEP	F	-0.74%
HON	B	-0.71%
MU	D	-0.69%
ORLY	B	-0.63%
MDLZ	F	-0.62%
CSX	B	-0.6%
NXPI	D	-0.6%
MELI	D	-0.59%
MRVL	B	-0.59%
MAR	B	-0.57%
CPRT	A	-0.55%
ASML	F	-0.48%
CRWD	B	-0.47%
ETN	A	-0.43%
LOW	D	-0.42%
NOW	A	-0.42%
KO	D	-0.42%
SBUX	A	-0.4%
VRSK	A	-0.4%
TTWO	A	-0.38%
MNST	C	-0.38%
XEL	A	-0.35%
INTC	D	-0.34%
NEE	D	-0.34%
STZ	D	-0.3%
HUBS	A	-0.3%
STX	D	-0.28%
BMY	B	-0.28%
CHTR	C	-0.27%
DXCM	D	-0.27%
DE	A	-0.26%
KHC	F	-0.26%
PYPL	B	-0.26%
UBER	D	-0.25%
DASH	A	-0.24%
CPAY	A	-0.24%
WDAY	B	-0.23%
TMO	F	-0.22%
BIIB	F	-0.21%
ROST	C	-0.21%
PLD	D	-0.2%
UPS	C	-0.16%
MDB	C	-0.16%
TTD	B	-0.15%
ABNB	C	-0.12%
LULU	C	-0.1%
ANSS	B	-0.09%
PDD	F	-0.07%
SMCI	F	-0.03%
DLTR	F	-0.0%