FLQL vs. MTUM ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to iShares MSCI USA Momentum Factor ETF (MTUM)

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

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$214.91

Average Daily Volume

840,198

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	MTUM
30 Days	2.44%	3.53%
60 Days	3.55%	6.25%
90 Days	4.50%	8.85%
12 Months	31.26%	43.02%

70 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in MTUM	Overlap
ACGL	D	0.26%	0.35%	0.26%
AFL	B	0.23%	0.78%	0.23%
AMCR	D	0.09%	0.08%	0.08%
ANET	C	0.77%	1.17%	0.77%
APH	A	0.6%	0.97%	0.6%
APP	B	0.42%	0.74%	0.42%
AVB	B	0.1%	0.29%	0.1%
AVGO	D	1.77%	4.72%	1.77%
BSX	B	0.84%	1.25%	0.84%
C	A	0.97%	1.08%	0.97%
CB	C	0.56%	0.9%	0.56%
CFG	B	0.13%	0.11%	0.11%
CHRW	C	0.1%	0.06%	0.06%
CL	D	0.52%	0.79%	0.52%
COST	B	1.7%	3.63%	1.7%
CSL	C	0.15%	0.23%	0.15%
CTAS	B	0.46%	0.91%	0.46%
DELL	C	0.19%	0.49%	0.19%
DGX	A	0.1%	0.09%	0.09%
DHI	D	0.36%	0.37%	0.36%
DKS	C	0.1%	0.1%	0.1%
DVA	B	0.1%	0.07%	0.07%
EBAY	D	0.17%	0.25%	0.17%
EME	C	0.12%	0.38%	0.12%
ESS	B	0.11%	0.15%	0.11%
FICO	B	0.17%	0.6%	0.17%
FOX	A	0.11%	0.07%	0.07%
FOXA	B	0.11%	0.07%	0.07%
GRMN	B	0.25%	0.42%	0.25%
GS	A	0.6%	2.0%	0.6%
HIG	B	0.19%	0.46%	0.19%
HWM	A	0.25%	0.73%	0.25%
IP	B	0.13%	0.15%	0.13%
IRM	D	0.18%	0.48%	0.18%
ISRG	A	1.3%	1.54%	1.3%
JPM	A	1.23%	5.48%	1.23%
K	A	0.1%	0.29%	0.1%
KLAC	D	0.67%	0.8%	0.67%
LDOS	C	0.17%	0.24%	0.17%
LEN	D	0.3%	0.28%	0.28%
LEN	D	0.09%	0.28%	0.09%
LII	A	0.15%	0.24%	0.15%
LLY	F	1.31%	3.82%	1.31%
LMT	D	0.4%	1.37%	0.4%
MCO	B	0.56%	0.7%	0.56%
MO	A	0.85%	1.19%	0.85%
MPWR	F	0.09%	0.24%	0.09%
MSI	B	0.58%	1.0%	0.58%
NRG	B	0.12%	0.27%	0.12%
NTAP	C	0.21%	0.31%	0.21%
NVDA	C	6.71%	5.34%	5.34%
NVR	D	0.19%	0.23%	0.19%
PEG	A	0.22%	0.5%	0.22%
PHM	D	0.22%	0.31%	0.22%
PKG	A	0.15%	0.16%	0.15%
PM	B	0.71%	2.93%	0.71%
RMD	C	0.13%	0.29%	0.13%
RSG	A	0.31%	0.36%	0.31%
RTX	C	0.5%	2.19%	0.5%
SO	D	0.29%	1.15%	0.29%
SYF	B	0.21%	0.22%	0.21%
TJX	A	0.95%	1.09%	0.95%
TPL	A	0.16%	0.33%	0.16%
TT	A	0.65%	1.13%	0.65%
TXN	C	1.24%	1.86%	1.24%
UHS	D	0.1%	0.11%	0.1%
UTHR	C	0.12%	0.15%	0.12%
VRTX	F	0.92%	0.95%	0.92%
WAB	B	0.17%	0.33%	0.17%
WMT	A	1.68%	4.93%	1.68%

FLQL Overweight 140 Positions Relative to MTUM

Symbol	Grade	Weight
AAPL	C	7.0%
MSFT	F	5.96%
AMZN	C	2.92%
META	D	2.48%
GOOGL	C	2.04%
MA	C	1.79%
GOOG	C	1.73%
JNJ	D	1.55%
ABBV	D	1.33%
IBM	C	1.31%
CAT	B	1.27%
VZ	C	1.24%
QCOM	F	1.22%
MRK	F	1.21%
BKNG	A	1.19%
TSLA	B	1.13%
BRK.A	B	1.11%
T	A	1.07%
AMGN	D	1.05%
AMAT	F	0.96%
SYK	C	0.94%
ORCL	B	0.88%
WM	A	0.67%
LRCX	F	0.66%
XOM	B	0.63%
TMUS	B	0.59%
REGN	F	0.59%
CMG	B	0.57%
CI	F	0.56%
PH	A	0.52%
UNH	C	0.52%
HCA	F	0.49%
SPG	B	0.46%
PCAR	B	0.44%
GD	F	0.39%
GWW	B	0.38%
PSA	D	0.38%
URI	B	0.38%
GM	B	0.35%
HLT	A	0.33%
FAST	B	0.33%
ADI	D	0.32%
HPQ	B	0.29%
ELV	F	0.28%
CMI	A	0.26%
CTSH	B	0.24%
MCHP	D	0.23%
SPOT	B	0.22%
DECK	A	0.22%
HPE	B	0.21%
DAL	C	0.2%
FANG	D	0.2%
GLW	B	0.19%
RCL	A	0.17%
LYB	F	0.16%
ETR	B	0.16%
STLD	B	0.16%
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%
TNL	A	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%
DTM	B	0.12%
AXS	A	0.11%
LNC	B	0.11%
BJ	A	0.11%
MUSA	A	0.11%
EXR	D	0.11%
PPC	C	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%
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%
EMN	D	0.1%
CLH	B	0.1%
LAMR	D	0.1%
NFG	A	0.1%
ADC	B	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%
CUZ	B	0.1%
WU	D	0.09%
JNPR	F	0.09%
NNN	D	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%
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%
TER	D	0.08%
CROX	D	0.07%
OGN	D	0.07%
CRUS	D	0.07%
MDU	D	0.07%

FLQL Underweight 55 Positions Relative to MTUM

Symbol	Grade	Weight
GE	D	-2.96%
KO	D	-2.71%
NEE	D	-2.24%
PGR	A	-1.88%
AXP	A	-1.53%
KKR	A	-1.3%
MMM	D	-1.21%
CEG	D	-1.12%
PLTR	B	-1.02%
FI	A	-0.9%
MSTR	C	-0.89%
DUK	C	-0.88%
WELL	A	-0.84%
VST	B	-0.82%
NEM	D	-0.79%
ICE	C	-0.72%
TDG	D	-0.7%
VRT	B	-0.63%
WMB	A	-0.63%
TRGP	B	-0.61%
AJG	B	-0.59%
BK	A	-0.48%
PWR	A	-0.43%
ALL	A	-0.41%
AEP	D	-0.4%
DFS	B	-0.38%
CBRE	B	-0.34%
GDDY	A	-0.34%
AXON	A	-0.32%
VTR	C	-0.31%
VLTO	D	-0.31%
ALNY	D	-0.3%
KDP	D	-0.3%
NDAQ	A	-0.28%
BRO	B	-0.27%
EIX	B	-0.26%
FITB	A	-0.25%
TYL	B	-0.23%
SW	A	-0.22%
DOV	A	-0.22%
EQR	B	-0.17%
IFF	D	-0.16%
HEI	B	-0.16%
HOOD	B	-0.15%
ERIE	D	-0.13%
HEI	B	-0.12%
MAA	B	-0.12%
NI	A	-0.09%
FNF	B	-0.08%
DOC	D	-0.08%
CPT	B	-0.07%
ALLY	C	-0.06%
UDR	B	-0.05%
LNT	A	-0.05%
EQH	B	-0.03%