FLQL vs. PCGG ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to Polen Capital Global Growth ETF (PCGG)

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

$58.36

Average Daily Volume

80,345

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

PCGG

Polen Capital Global Growth ETF

PCGG Description

The fund is a non-diversified, actively-managed exchange-traded fund ("ETF") that seeks to achieve its objective by investing in a focused portfolio of approximately 25 to 40 common stocks of large capitalization companies that are located anywhere in the world, including companies in both developed and emerging markets, and, in the opinion of the sub-advisor to the fund, have a sustainable competitive advantage. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$11.55

Average Daily Volume

48,715

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	PCGG
30 Days	0.67%	0.87%
60 Days	6.95%	4.06%
90 Days	10.45%	8.76%
12 Months	33.39%	20.34%

5 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in PCGG	Overlap
AMZN	A	2.71%	9.22%	2.71%
GOOG	B	1.61%	7.72%	1.61%
MA	B	1.76%	4.62%	1.76%
MSFT	D	5.95%	5.96%	5.95%
ORCL	B	0.83%	1.53%	0.83%

FLQL Overweight 205 Positions Relative to PCGG

Symbol	Grade	Weight
AAPL	C	7.09%
NVDA	B	6.52%
META	B	2.58%
AVGO	B	1.93%
GOOGL	B	1.88%
LLY	F	1.65%
JNJ	D	1.64%
COST	C	1.63%
WMT	A	1.61%
ABBV	B	1.5%
IBM	D	1.46%
MRK	F	1.36%
CAT	B	1.3%
VZ	D	1.28%
QCOM	F	1.26%
AMGN	D	1.21%
TXN	B	1.18%
ISRG	A	1.16%
JPM	B	1.12%
BRK.A	D	1.07%
BKNG	A	1.03%
AMAT	F	1.02%
T	B	1.01%
VRTX	A	0.98%
TJX	D	0.93%
C	B	0.9%
SYK	A	0.87%
ANET	B	0.84%
BSX	B	0.8%
REGN	F	0.77%
MO	A	0.74%
KLAC	F	0.73%
TSLA	B	0.73%
LRCX	F	0.69%
PM	A	0.65%
TT	B	0.64%
WM	B	0.64%
XOM	B	0.63%
CI	D	0.61%
HCA	D	0.59%
MCO	D	0.58%
CB	D	0.58%
APH	A	0.58%
CMG	D	0.57%
CL	D	0.56%
MSI	B	0.55%
GS	B	0.54%
TMUS	B	0.54%
RTX	C	0.52%
UNH	D	0.5%
PH	A	0.48%
LMT	D	0.46%
CTAS	B	0.45%
SPG	A	0.44%
DHI	D	0.43%
GD	D	0.42%
PCAR	B	0.42%
URI	B	0.39%
PSA	D	0.37%
ADI	C	0.35%
GWW	A	0.35%
LEN	D	0.33%
HLT	B	0.32%
FAST	A	0.32%
GM	A	0.31%
ELV	F	0.31%
RSG	C	0.3%
SO	C	0.3%
ACGL	F	0.29%
HPQ	B	0.29%
MCHP	F	0.26%
PHM	D	0.25%
CMI	A	0.24%
CTSH	D	0.24%
HWM	B	0.23%
NTAP	D	0.23%
NVR	C	0.23%
AFL	D	0.23%
PEG	C	0.22%
GRMN	A	0.2%
HIG	D	0.2%
FANG	F	0.2%
DECK	B	0.2%
HPE	B	0.2%
APP	B	0.2%
GLW	B	0.19%
IRM	B	0.19%
DELL	B	0.18%
EBAY	D	0.18%
SYF	A	0.18%
WAB	A	0.17%
LYB	F	0.17%
LDOS	A	0.17%
O	D	0.17%
DAL	A	0.17%
STLD	B	0.16%
CSL	D	0.16%
SPOT	B	0.16%
TSCO	D	0.16%
WSM	D	0.16%
FICO	B	0.15%
KMB	D	0.15%
MPWR	F	0.14%
ETR	B	0.14%
LII	A	0.14%
RCL	A	0.14%
RMD	B	0.13%
TOL	C	0.13%
MAS	C	0.13%
PKG	A	0.13%
RL	A	0.12%
CFG	B	0.12%
TPL	A	0.12%
UHS	D	0.12%
WSO	C	0.12%
THC	C	0.12%
OC	B	0.12%
BBY	D	0.12%
CASY	A	0.11%
TXRH	B	0.11%
CHRW	C	0.11%
DTM	A	0.11%
ALSN	A	0.11%
IP	A	0.11%
LAMR	B	0.11%
SCCO	B	0.11%
VICI	D	0.11%
CUZ	B	0.11%
EME	A	0.11%
CACI	A	0.11%
NRG	B	0.11%
HIW	C	0.11%
MDU	F	0.11%
DKS	F	0.11%
JEF	B	0.11%
EXR	D	0.11%
SWKS	F	0.11%
ESS	D	0.11%
AWI	A	0.11%
CF	B	0.11%
CW	B	0.11%
FIX	B	0.11%
UTHR	A	0.11%
AYI	A	0.11%
KRC	B	0.11%
EVR	B	0.11%
GAP	C	0.1%
GLPI	C	0.1%
G	C	0.1%
ROL	D	0.1%
GPK	D	0.1%
INGR	A	0.1%
K	A	0.1%
SNX	B	0.1%
UGI	F	0.1%
JNPR	A	0.1%
CRI	F	0.1%
AVT	B	0.1%
FOX	B	0.1%
SSNC	D	0.1%
EPR	D	0.1%
LEN	D	0.1%
AVB	B	0.1%
OHI	B	0.1%
FOXA	B	0.1%
OMC	B	0.1%
EMN	D	0.1%
MTG	D	0.1%
ADC	C	0.1%
CHE	F	0.1%
M	C	0.1%
RGLD	B	0.1%
NNN	D	0.1%
KEX	D	0.1%
AXS	B	0.1%
LNC	B	0.1%
NFG	B	0.1%
R	A	0.1%
EHC	A	0.1%
TNL	A	0.1%
DVA	D	0.1%
TER	F	0.1%
RGA	D	0.1%
BJ	B	0.1%
CLH	C	0.1%
DPZ	C	0.1%
JHG	A	0.1%
DVN	F	0.09%
COKE	D	0.09%
WING	F	0.09%
PK	D	0.09%
NEU	D	0.09%
LOPE	C	0.09%
DGX	B	0.09%
CROX	F	0.09%
MEDP	F	0.09%
PPC	A	0.09%
HRB	D	0.09%
AMCR	D	0.09%
WU	F	0.09%
OGN	F	0.08%
MUSA	D	0.08%
CIVI	F	0.08%
CRUS	F	0.08%
APA	F	0.08%

FLQL Underweight 16 Positions Relative to PCGG

Symbol	Grade	Weight
ABT	B	-4.56%
ADBE	D	-4.24%
V	A	-4.19%
WDAY	D	-4.12%
MSCI	B	-4.1%
AON	B	-4.03%
SHOP	B	-3.88%
ICLR	F	-3.35%
PAYC	A	-3.06%
TMO	D	-2.85%
ACN	C	-2.73%
GLOB	C	-2.42%
NOW	A	-2.27%
ZTS	F	-2.14%
ABNB	C	-1.62%
ADP	A	-1.47%