FLQL vs. PTL ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to Northern Lights Fund Trust IV Inspire 500 ETF (PTL)

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

PTL

Northern Lights Fund Trust IV Inspire 500 ETF

PTL Description

PTL is passively managed to invest in US large-cap stocks that align with the issuer's definition of biblical values and positive impact on the world, measured using various environmental, social, and governance criteria. The index provider analyzes publicly available and third-party data to assign a proprietary Impact Score to each eligible stock. The methodology excludes stocks with any degree of involvement in activities such as abortion, gambling, alcohol, tobacco, cannabis, stem cell research, in vitro fertilization, pornography, rights violations, and LGBT activism. The remaining stocks are scored based on how well they align with the issuer's values, considering factors including business ethics, employee wellbeing, customer welfare, product safety, ecological impact, and GHG emissions. The index selects the 500 highest-scoring stocks and weights them by market capitalization. Index components are reconstituted and rebalanced annually.

Grade (RS Rating)

Last Trade

$224.62

Average Daily Volume

7,636

Number of Holdings ^*

478

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	PTL
30 Days	2.44%	5.09%
60 Days	3.55%	5.71%
90 Days	4.50%	7.67%
12 Months	31.26%

96 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in PTL	Overlap
ADC	B	0.1%	0.05%	0.05%
AFL	B	0.23%	0.42%	0.23%
ALSN	B	0.12%	0.07%	0.07%
ANET	C	0.77%	0.85%	0.77%
APA	D	0.08%	0.06%	0.06%
APH	A	0.6%	0.6%	0.6%
APP	B	0.42%	0.67%	0.42%
AVGO	D	1.77%	5.58%	1.77%
AYI	B	0.12%	0.07%	0.07%
BJ	A	0.11%	0.08%	0.08%
CACI	D	0.09%	0.08%	0.08%
CASY	A	0.11%	0.1%	0.1%
CAT	B	1.27%	1.24%	1.24%
CF	B	0.11%	0.1%	0.1%
CHE	D	0.09%	0.06%	0.06%
CHRW	C	0.1%	0.08%	0.08%
CLH	B	0.1%	0.1%	0.1%
COKE	C	0.08%	0.07%	0.07%
CSL	C	0.15%	0.14%	0.14%
CTAS	B	0.46%	0.62%	0.46%
CW	B	0.11%	0.1%	0.1%
DAL	C	0.2%	0.27%	0.2%
DECK	A	0.22%	0.19%	0.19%
DHI	D	0.36%	0.38%	0.36%
DTM	B	0.12%	0.07%	0.07%
DVA	B	0.1%	0.09%	0.09%
DVN	F	0.08%	0.17%	0.08%
EHC	B	0.1%	0.07%	0.07%
ELV	F	0.28%	0.69%	0.28%
EME	C	0.12%	0.16%	0.12%
ESS	B	0.11%	0.14%	0.11%
ETR	B	0.16%	0.21%	0.16%
EVR	B	0.12%	0.08%	0.08%
EXR	D	0.11%	0.24%	0.11%
FANG	D	0.2%	0.39%	0.2%
FAST	B	0.33%	0.33%	0.33%
FICO	B	0.17%	0.4%	0.17%
FIX	A	0.12%	0.11%	0.11%
G	B	0.11%	0.06%	0.06%
GAP	B	0.09%	0.05%	0.05%
GPK	C	0.09%	0.06%	0.06%
IP	B	0.13%	0.14%	0.13%
ISRG	A	1.3%	1.32%	1.3%
JEF	A	0.12%	0.11%	0.11%
JNPR	F	0.09%	0.09%	0.09%
KEX	C	0.1%	0.05%	0.05%
KLAC	D	0.67%	0.62%	0.62%
LAMR	D	0.1%	0.09%	0.09%
LEN	D	0.3%	0.32%	0.3%
LEN	D	0.09%	0.32%	0.09%
LII	A	0.15%	0.16%	0.15%
LYB	F	0.16%	0.19%	0.16%
MAS	D	0.12%	0.12%	0.12%
MCHP	F	0.23%	0.25%	0.23%
MEDP	D	0.08%	0.09%	0.08%
MPWR	F	0.09%	0.21%	0.09%
MUSA	A	0.11%	0.08%	0.08%
NNN	D	0.09%	0.05%	0.05%
NRG	B	0.12%	0.12%	0.12%
NTAP	C	0.21%	0.17%	0.17%
NVR	D	0.19%	0.19%	0.19%
OC	A	0.13%	0.12%	0.12%
OHI	C	0.1%	0.07%	0.07%
PCAR	B	0.44%	0.43%	0.43%
PEG	A	0.22%	0.28%	0.22%
PH	A	0.52%	0.62%	0.52%
PHM	D	0.22%	0.19%	0.19%
PKG	A	0.15%	0.15%	0.15%
PPC	C	0.11%	0.08%	0.08%
PSA	D	0.38%	0.4%	0.38%
QCOM	F	1.22%	1.3%	1.22%
REGN	F	0.59%	0.69%	0.59%
RGA	A	0.11%	0.11%	0.11%
RGLD	C	0.1%	0.06%	0.06%
RMD	C	0.13%	0.25%	0.13%
ROL	B	0.1%	0.17%	0.1%
RSG	A	0.31%	0.46%	0.31%
SCCO	F	0.1%	0.51%	0.1%
SPG	B	0.46%	0.4%	0.4%
SSNC	B	0.09%	0.13%	0.09%
STLD	B	0.16%	0.15%	0.15%
SWKS	F	0.09%	0.1%	0.09%
TER	D	0.08%	0.12%	0.08%
THC	D	0.11%	0.11%	0.11%
TOL	B	0.13%	0.11%	0.11%
TPL	A	0.16%	0.23%	0.16%
TSCO	D	0.15%	0.2%	0.15%
TXRH	C	0.11%	0.09%	0.09%
UHS	D	0.1%	0.1%	0.1%
URI	B	0.38%	0.39%	0.38%
UTHR	C	0.12%	0.12%	0.12%
WING	D	0.08%	0.07%	0.07%
WM	A	0.67%	0.61%	0.61%
WSM	B	0.15%	0.11%	0.11%
WSO	A	0.13%	0.15%	0.13%
XOM	B	0.63%	3.7%	0.63%

FLQL Overweight 114 Positions Relative to PTL

Symbol	Grade	Weight
AAPL	C	7.0%
NVDA	C	6.71%
MSFT	F	5.96%
AMZN	C	2.92%
META	D	2.48%
GOOGL	C	2.04%
MA	C	1.79%
GOOG	C	1.73%
COST	B	1.7%
WMT	A	1.68%
JNJ	D	1.55%
ABBV	D	1.33%
IBM	C	1.31%
LLY	F	1.31%
VZ	C	1.24%
TXN	C	1.24%
JPM	A	1.23%
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%
C	A	0.97%
AMAT	F	0.96%
TJX	A	0.95%
SYK	C	0.94%
VRTX	F	0.92%
ORCL	B	0.88%
MO	A	0.85%
BSX	B	0.84%
PM	B	0.71%
LRCX	F	0.66%
TT	A	0.65%
GS	A	0.6%
TMUS	B	0.59%
MSI	B	0.58%
CMG	B	0.57%
CI	F	0.56%
CB	C	0.56%
MCO	B	0.56%
UNH	C	0.52%
CL	D	0.52%
RTX	C	0.5%
HCA	F	0.49%
LMT	D	0.4%
GD	F	0.39%
GWW	B	0.38%
GM	B	0.35%
HLT	A	0.33%
ADI	D	0.32%
HPQ	A	0.29%
SO	D	0.29%
ACGL	D	0.26%
CMI	A	0.26%
HWM	A	0.25%
GRMN	B	0.25%
CTSH	B	0.24%
SPOT	B	0.22%
SYF	B	0.21%
HPE	B	0.21%
DELL	C	0.19%
HIG	B	0.19%
GLW	B	0.19%
IRM	D	0.18%
LDOS	C	0.17%
EBAY	D	0.17%
WAB	B	0.17%
RCL	A	0.17%
O	D	0.15%
KMB	D	0.14%
CFG	B	0.13%
TNL	A	0.12%
AWI	A	0.12%
RL	B	0.12%
AXS	A	0.11%
LNC	B	0.11%
FOXA	B	0.11%
FOX	A	0.11%
DPZ	C	0.11%
R	B	0.11%
LOPE	B	0.11%
JHG	A	0.11%
BBY	D	0.11%
UGI	A	0.1%
K	A	0.1%
EMN	D	0.1%
DGX	A	0.1%
AVB	B	0.1%
NFG	A	0.1%
DKS	C	0.1%
VICI	C	0.1%
KRC	C	0.1%
INGR	B	0.1%
CUZ	B	0.1%
AMCR	D	0.09%
WU	D	0.09%
EPR	D	0.09%
PK	B	0.09%
SNX	C	0.09%
NEU	C	0.09%
HRB	D	0.09%
GLPI	C	0.09%
AVT	C	0.09%
OMC	C	0.09%
MTG	C	0.09%
M	D	0.09%
HIW	D	0.09%
CRI	D	0.08%
CIVI	D	0.08%
CROX	D	0.07%
OGN	D	0.07%
CRUS	D	0.07%
MDU	D	0.07%

FLQL Underweight 383 Positions Relative to PTL

Symbol	Grade	Weight
HD	A	-2.68%
LIN	D	-1.5%
PGR	A	-1.07%
LOW	D	-1.03%
NEE	D	-1.03%
PLTR	B	-0.93%
PANW	C	-0.89%
ADP	B	-0.88%
UPS	C	-0.75%
PLD	D	-0.74%
SHW	A	-0.67%
ICE	C	-0.62%
SNPS	B	-0.6%
MRVL	B	-0.58%
GEV	B	-0.58%
WELL	A	-0.57%
COIN	C	-0.54%
EOG	A	-0.54%
FDX	B	-0.54%
IBKR	A	-0.51%
FTNT	C	-0.51%
CSX	B	-0.49%
ORLY	B	-0.49%
EMR	A	-0.49%
SLB	C	-0.45%
OKE	A	-0.45%
TTD	B	-0.45%
NSC	B	-0.43%
MSTR	C	-0.43%
ROP	B	-0.42%
DLR	B	-0.41%
KMI	A	-0.41%
FCX	D	-0.4%
CEG	D	-0.4%
MNST	C	-0.38%
CPRT	A	-0.38%
PAYX	C	-0.37%
AZO	C	-0.36%
ODFL	B	-0.35%
AIG	B	-0.34%
LNG	B	-0.34%
COR	B	-0.34%
OXY	D	-0.33%
NEM	D	-0.33%
CVNA	B	-0.33%
MSCI	C	-0.32%
PWR	A	-0.32%
TRGP	B	-0.31%
AME	A	-0.31%
KVUE	A	-0.31%
PCG	A	-0.31%
VLO	C	-0.31%
VRT	B	-0.3%
CCI	D	-0.3%
BKR	B	-0.3%
CPNG	D	-0.3%
IR	B	-0.29%
SNOW	C	-0.29%
DDOG	A	-0.29%
VEEV	C	-0.28%
IQV	D	-0.28%
VRSK	A	-0.28%
EW	C	-0.28%
GEHC	F	-0.26%
MLM	B	-0.26%
VST	B	-0.26%
VMC	B	-0.26%
YUM	B	-0.25%
NUE	C	-0.25%
SYY	B	-0.25%
IDXX	F	-0.25%
OTIS	C	-0.25%
EXC	C	-0.25%
EFX	F	-0.24%
TTWO	A	-0.23%
ED	D	-0.23%
CSGP	D	-0.23%
FCNCA	A	-0.23%
NET	B	-0.22%
OWL	A	-0.22%
BRO	B	-0.22%
RKT	F	-0.22%
DXCM	D	-0.22%
ZS	C	-0.22%
ANSS	B	-0.21%
WEC	A	-0.21%
ON	D	-0.21%
EQR	B	-0.2%
IOT	A	-0.2%
KEYS	A	-0.19%
HAL	C	-0.19%
DOV	A	-0.19%
TW	A	-0.19%
ADM	D	-0.18%
CDW	F	-0.18%
CPAY	A	-0.18%
VTR	C	-0.18%
MTD	D	-0.18%
AWK	D	-0.18%
TYL	C	-0.18%
DTE	C	-0.17%
RF	A	-0.17%
WST	C	-0.17%
VLTO	D	-0.17%
IFF	D	-0.16%
MDB	C	-0.16%
TSN	B	-0.16%
SBAC	D	-0.16%
FE	C	-0.16%
WRB	A	-0.16%
AEE	A	-0.16%
CINF	A	-0.16%
GFS	C	-0.16%
HUBB	B	-0.16%
INVH	D	-0.15%
AFRM	A	-0.15%
TOST	B	-0.15%
WDC	D	-0.15%
CBOE	B	-0.15%
BLDR	D	-0.15%
ES	D	-0.15%
ERIE	D	-0.15%
MKL	A	-0.15%
STE	F	-0.15%
WY	D	-0.15%
ATO	A	-0.15%
TKO	B	-0.14%
ARE	D	-0.14%
JBHT	C	-0.14%
CMS	C	-0.14%
UI	A	-0.14%
MKC	D	-0.14%
LH	C	-0.14%
L	A	-0.13%
CTRA	B	-0.13%
GEN	B	-0.13%
SNA	A	-0.13%
HOLX	D	-0.13%
NTNX	A	-0.13%
CNP	B	-0.13%
MOH	F	-0.13%
FSLR	F	-0.13%
XPO	B	-0.13%
MAA	B	-0.13%
PODD	C	-0.13%
ALGN	F	-0.12%
MRO	B	-0.12%
IEX	B	-0.12%
DG	F	-0.12%
SMMT	D	-0.12%
GPC	D	-0.12%
MANH	D	-0.12%
NWSA	B	-0.12%
TRMB	B	-0.12%
RS	B	-0.12%
CRBG	B	-0.12%
J	F	-0.12%
RYAN	B	-0.12%
BAX	D	-0.12%
RPM	A	-0.12%
SAIA	B	-0.11%
COHR	B	-0.11%
GWRE	A	-0.11%
INCY	C	-0.11%
RPRX	D	-0.11%
NI	A	-0.11%
CHWY	B	-0.11%
DT	C	-0.11%
DOCU	A	-0.11%
WLK	D	-0.11%
EXPD	D	-0.11%
ENTG	D	-0.11%
BSY	D	-0.11%
SUI	D	-0.11%
USFD	A	-0.11%
CPB	D	-0.1%
REG	B	-0.1%
AGR	B	-0.1%
SN	D	-0.1%
JBL	B	-0.1%
SFM	A	-0.1%
EPAM	C	-0.1%
ELS	C	-0.1%
FFIV	B	-0.1%
DLTR	F	-0.1%
AMH	D	-0.1%
EVRG	A	-0.1%
GGG	B	-0.1%
FLEX	A	-0.1%
NDSN	B	-0.1%
DOC	D	-0.1%
RVTY	F	-0.1%
UDR	B	-0.1%
EWBC	A	-0.1%
WPC	D	-0.09%
INSM	C	-0.09%
BG	F	-0.09%
TTEK	F	-0.09%
PCVX	D	-0.09%
SCI	B	-0.09%
PR	B	-0.09%
JKHY	D	-0.09%
SOLV	C	-0.09%
BXP	D	-0.09%
UHAL	D	-0.09%
HLI	B	-0.09%
PFGC	B	-0.09%
CPT	B	-0.09%
EDR	A	-0.09%
CAG	D	-0.09%
HST	C	-0.09%
POOL	C	-0.09%
NBIX	C	-0.09%
SMCI	F	-0.09%
OKTA	C	-0.09%
PAYC	B	-0.09%
MTZ	B	-0.08%
APG	B	-0.08%
GMED	A	-0.08%
CCK	C	-0.08%
FHN	A	-0.08%
BLD	D	-0.08%
ACI	C	-0.08%
LBRDA	C	-0.08%
ALB	C	-0.08%
ATR	B	-0.08%
PCTY	B	-0.08%
OVV	B	-0.08%
LECO	B	-0.08%
LW	C	-0.08%
SF	B	-0.08%
RRX	B	-0.08%
ITT	A	-0.08%
AFG	A	-0.08%
KMX	B	-0.08%
ESTC	C	-0.07%
REXR	F	-0.07%
FRT	B	-0.07%
CFLT	B	-0.07%
TPX	B	-0.07%
CIEN	B	-0.07%
AA	B	-0.07%
PEN	B	-0.07%
ITCI	C	-0.07%
ORI	A	-0.07%
UWMC	D	-0.07%
GME	C	-0.07%
AOS	F	-0.07%
CR	A	-0.07%
PNFP	B	-0.07%
WMS	D	-0.07%
PRI	A	-0.07%
RVMD	C	-0.07%
GTLB	B	-0.07%
GL	B	-0.07%
HLNE	B	-0.07%
PCOR	B	-0.07%
PNW	B	-0.07%
AIT	A	-0.07%
BWXT	B	-0.07%
WCC	B	-0.07%
AAON	B	-0.07%
WAL	B	-0.07%
MLI	C	-0.07%
MKTX	D	-0.07%
SEIC	B	-0.07%
BIO	D	-0.07%
GNRC	B	-0.07%
EXP	A	-0.07%
DOX	D	-0.07%
WBS	A	-0.07%
EXEL	B	-0.07%
PAG	B	-0.07%
FND	C	-0.07%
WTRG	B	-0.07%
KNSL	B	-0.07%
CUBE	D	-0.07%
MKSI	C	-0.06%
VNO	B	-0.06%
RRC	B	-0.06%
PB	A	-0.06%
UFPI	B	-0.06%
FLR	B	-0.06%
TREX	C	-0.06%
OLED	D	-0.06%
HESM	B	-0.06%
RGEN	D	-0.06%
BRKR	D	-0.06%
PLNT	A	-0.06%
HQY	B	-0.06%
CHRD	D	-0.06%
FYBR	D	-0.06%
TTC	D	-0.06%
CRS	A	-0.06%
ONTO	D	-0.06%
OGE	B	-0.06%
APPF	B	-0.06%
DINO	D	-0.06%
SSB	B	-0.06%
EGP	F	-0.06%
ENPH	F	-0.06%
CNM	D	-0.06%
ALTR	B	-0.06%
FOUR	B	-0.06%
BRX	A	-0.06%
AXTA	A	-0.06%
MHK	D	-0.06%
ENSG	D	-0.06%
SUM	B	-0.06%
MTSI	B	-0.06%
ROIV	C	-0.06%
WTFC	A	-0.06%
ZION	B	-0.06%
BRBR	A	-0.06%
KNX	B	-0.06%
KNTK	B	-0.06%
KBR	F	-0.06%
FBIN	D	-0.06%
RBC	A	-0.06%
AR	B	-0.06%
DCI	B	-0.06%
CFR	B	-0.06%
S	B	-0.06%
LAD	A	-0.06%
COLD	D	-0.05%
AGCO	D	-0.05%
ELAN	D	-0.05%
LSTR	D	-0.05%
NUVL	D	-0.05%
DLB	B	-0.05%
CELH	F	-0.05%
MTH	D	-0.05%
STWD	C	-0.05%
AMKR	D	-0.05%
SITE	D	-0.05%
WTS	B	-0.05%
U	C	-0.05%
STAG	F	-0.05%
ATI	D	-0.05%
GNTX	C	-0.05%
HCP	B	-0.05%
FR	D	-0.05%
CGNX	C	-0.05%
SPSC	C	-0.05%
FCN	D	-0.05%
NPAB	B	-0.05%
VKTX	F	-0.05%
WFRD	D	-0.05%
WEX	D	-0.05%
PATH	C	-0.05%
WSC	D	-0.05%
MSA	D	-0.05%
AM	A	-0.05%
SAIC	F	-0.05%
MTN	C	-0.05%
LSCC	D	-0.05%
TMHC	B	-0.05%
BWA	D	-0.05%
INFA	D	-0.05%
MIDD	C	-0.05%
RHI	B	-0.05%
BOKF	B	-0.05%
AGNC	D	-0.05%
LPX	B	-0.05%
GKOS	B	-0.05%
AUR	C	-0.05%
SSD	D	-0.05%
FRPT	B	-0.05%
BERY	B	-0.05%
RLI	B	-0.05%
JAZZ	B	-0.05%
LCID	F	-0.04%
IBP	D	-0.04%
LNTH	D	-0.04%
ESNT	D	-0.04%
TRNO	F	-0.04%
ARW	D	-0.04%
POST	C	-0.04%
QRVO	F	-0.04%
SATS	D	-0.04%
BFAM	D	-0.04%
AN	C	-0.04%
ACHC	F	-0.03%