FLQL vs. LSEQ ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to Harbor Long-Short Equity ETF (LSEQ)

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

LSEQ

Harbor Long-Short Equity ETF

LSEQ Description

Under normal market circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in long and short positions in equity securities. The fund advisor seeks to achieve the fund's investment objective by establishing long and/or short positions in equity securities.

Grade (RS Rating)

Last Trade

$29.27

Average Daily Volume

596

Number of Holdings ^*

154

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	LSEQ
30 Days	2.44%	4.81%
60 Days	3.55%	6.50%
90 Days	4.50%	7.67%
12 Months	31.26%

54 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in LSEQ	Overlap
AAPL	C	7.0%	0.65%	0.65%
ABBV	D	1.33%	0.52%	0.52%
AMCR	D	0.09%	0.77%	0.09%
AMGN	D	1.05%	0.54%	0.54%
AMZN	C	2.92%	-1.99%	-1.99%
ANET	C	0.77%	1.39%	0.77%
APA	D	0.08%	-1.74%	-1.74%
APP	B	0.42%	3.65%	0.42%
BKNG	A	1.19%	1.39%	1.19%
BSX	B	0.84%	1.52%	0.84%
CASY	A	0.11%	1.91%	0.11%
CIVI	D	0.08%	-1.5%	-1.5%
COST	B	1.7%	1.77%	1.7%
DECK	A	0.22%	1.45%	0.22%
DELL	C	0.19%	0.64%	0.19%
DTM	B	0.12%	0.86%	0.12%
EBAY	D	0.17%	0.69%	0.17%
EHC	B	0.1%	0.91%	0.1%
FANG	D	0.2%	-1.83%	-1.83%
FICO	B	0.17%	0.88%	0.17%
GLW	B	0.19%	0.76%	0.19%
HCA	F	0.49%	0.73%	0.49%
HLT	A	0.33%	0.86%	0.33%
HPE	B	0.21%	1.85%	0.21%
HRB	D	0.09%	0.65%	0.09%
ISRG	A	1.3%	0.76%	0.76%
KEX	C	0.1%	1.13%	0.1%
LLY	F	1.31%	1.11%	1.11%
MEDP	D	0.08%	-1.79%	-1.79%
META	D	2.48%	0.95%	0.95%
MSFT	F	5.96%	-1.86%	-1.86%
MSI	B	0.58%	1.09%	0.58%
MUSA	A	0.11%	1.16%	0.11%
NRG	B	0.12%	0.61%	0.12%
NTAP	C	0.21%	0.92%	0.21%
OGN	D	0.07%	1.54%	0.07%
OMC	C	0.09%	0.57%	0.09%
PKG	A	0.15%	1.01%	0.15%
R	B	0.11%	1.37%	0.11%
RCL	A	0.17%	1.19%	0.17%
RGLD	C	0.1%	1.66%	0.1%
RMD	C	0.13%	0.63%	0.13%
SO	D	0.29%	0.67%	0.29%
SPOT	B	0.22%	1.46%	0.22%
SYK	C	0.94%	0.66%	0.66%
T	A	1.07%	0.96%	0.96%
THC	D	0.11%	1.07%	0.11%
TJX	A	0.95%	0.92%	0.92%
TMUS	B	0.59%	1.49%	0.59%
TXRH	C	0.11%	0.91%	0.11%
UTHR	C	0.12%	0.68%	0.12%
WING	D	0.08%	-1.98%	-1.98%
WMT	A	1.68%	1.84%	1.68%
WSM	B	0.15%	1.02%	0.15%

FLQL Overweight 156 Positions Relative to LSEQ

Symbol	Grade	Weight
NVDA	C	6.71%
GOOGL	C	2.04%
MA	C	1.79%
AVGO	D	1.77%
GOOG	C	1.73%
JNJ	D	1.55%
IBM	C	1.31%
CAT	B	1.27%
VZ	C	1.24%
TXN	C	1.24%
JPM	A	1.23%
QCOM	F	1.22%
MRK	F	1.21%
TSLA	B	1.13%
BRK.A	B	1.11%
C	A	0.97%
AMAT	F	0.96%
VRTX	F	0.92%
ORCL	B	0.88%
MO	A	0.85%
PM	B	0.71%
WM	A	0.67%
KLAC	D	0.67%
LRCX	F	0.66%
TT	A	0.65%
XOM	B	0.63%
GS	A	0.6%
APH	A	0.6%
REGN	F	0.59%
CMG	B	0.57%
CI	F	0.56%
CB	C	0.56%
MCO	B	0.56%
PH	A	0.52%
UNH	C	0.52%
CL	D	0.52%
RTX	C	0.5%
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%
FAST	B	0.33%
ADI	D	0.32%
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%
CTSH	B	0.24%
MCHP	D	0.23%
AFL	B	0.23%
PHM	D	0.22%
PEG	A	0.22%
SYF	B	0.21%
DAL	C	0.2%
HIG	B	0.19%
NVR	D	0.19%
IRM	D	0.18%
LDOS	C	0.17%
WAB	B	0.17%
LYB	F	0.16%
TPL	A	0.16%
ETR	B	0.16%
STLD	B	0.16%
LII	A	0.15%
CSL	C	0.15%
TSCO	D	0.15%
O	D	0.15%
KMB	D	0.14%
WSO	A	0.13%
OC	A	0.13%
TOL	B	0.13%
CFG	B	0.13%
IP	B	0.13%
TNL	A	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%
FIX	A	0.12%
ALSN	B	0.12%
AXS	A	0.11%
LNC	B	0.11%
BJ	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%
LOPE	B	0.11%
RGA	A	0.11%
G	B	0.11%
CF	B	0.11%
ESS	B	0.11%
JHG	A	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%
CHRW	C	0.1%
CUZ	B	0.1%
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%
GLPI	C	0.09%
AVT	C	0.09%
SWKS	F	0.09%
MTG	C	0.09%
M	D	0.09%
SSNC	B	0.09%
HIW	D	0.09%
CRI	D	0.08%
COKE	C	0.08%
DVN	F	0.08%
TER	D	0.08%
CROX	D	0.07%
CRUS	D	0.07%
MDU	D	0.07%

FLQL Underweight 100 Positions Relative to LSEQ

Symbol	Grade	Weight
PLTR	B	-2.91%
CVNA	B	-2.27%
AAL	B	-2.23%
VSCO	B	-1.95%
KSS	F	-1.89%
CCL	B	-1.89%
USFD	A	-1.82%
DOCS	C	-1.75%
CPNG	D	-1.66%
PLTK	B	-1.55%
AXTA	A	-1.54%
EXEL	B	-1.49%
DOCU	A	-1.38%
PFE	D	-1.26%
MTCH	D	-1.22%
PRGO	B	-1.21%
ZBRA	B	-1.19%
GDDY	A	-1.19%
JWN	C	-1.15%
LIN	D	-1.11%
KMI	A	-1.08%
RPM	A	-0.99%
FTI	A	-0.97%
PEGA	A	-0.94%
TRGP	B	-0.93%
NOW	A	-0.9%
ECL	D	-0.88%
MANH	D	-0.88%
AM	A	-0.88%
DASH	A	-0.87%
COR	B	-0.86%
UBER	D	-0.86%
OKE	A	-0.84%
WMB	A	-0.83%
NFLX	A	-0.83%
GWRE	A	-0.82%
FTNT	C	-0.81%
IT	C	-0.8%
FFIV	B	-0.78%
EXP	A	-0.77%
UAL	A	-0.77%
LPX	B	-0.76%
TYL	B	-0.76%
NTNX	A	-0.75%
ZM	B	-0.73%
VST	B	-0.73%
GMED	A	-0.72%
NTRA	B	-0.72%
ATR	B	-0.72%
DUOL	A	-0.72%
ROST	C	-0.72%
LOW	D	-0.71%
CAH	B	-0.7%
COHR	B	-0.7%
INCY	C	-0.69%
PFGC	B	-0.69%
TKO	B	-0.69%
PANW	C	-0.69%
SHW	A	-0.68%
TTD	B	-0.67%
JAZZ	B	-0.67%
BURL	A	-0.67%
BMY	B	-0.67%
RBLX	C	-0.67%
ITCI	C	-0.65%
NI	A	-0.64%
ILMN	D	-0.63%
SMAR	A	-0.61%
SMG	D	-0.57%
IFF	D	-0.54%
ALNY	D	-0.52%
CEG	D	-0.52%
BFAM	D	-0.49%
SMCI	F	--1.15%
IDXX	F	--1.41%
SLB	C	--1.48%
WDAY	B	--1.49%
CHRD	D	--1.53%
AAP	C	--1.55%
SNOW	C	--1.59%
ACHC	F	--1.61%
CABO	C	--1.62%
ALB	C	--1.65%
DG	F	--1.73%
SNPS	B	--1.79%
LITE	B	--1.79%
DLTR	F	--1.82%
U	C	--1.89%
DXCM	D	--1.89%
WFRD	D	--1.91%
MTN	C	--1.93%
GO	C	--1.94%
TXG	F	--2.0%
DV	C	--2.05%
CAR	C	--2.13%
WBA	F	--2.17%
MCK	B	--2.19%
FIVN	C	--2.29%
NFE	D	--2.39%
OVV	B	--2.47%