FLQL vs. QWLD ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to SPDR MSCI World Quality Mix ETF (QWLD)

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

QWLD

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$128.44

Average Daily Volume

3,453

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	QWLD
30 Days	2.44%	0.82%
60 Days	3.55%	0.23%
90 Days	4.50%	0.87%
12 Months	31.26%	22.65%

149 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in QWLD	Overlap
AAPL	C	7.0%	2.57%	2.57%
ABBV	D	1.33%	0.34%	0.34%
ABBV	D	1.33%	0.16%	0.16%
ACGL	D	0.26%	0.26%	0.26%
ADI	D	0.32%	0.04%	0.04%
AFL	B	0.23%	0.12%	0.12%
AMAT	F	0.96%	0.29%	0.29%
AMCR	D	0.09%	0.08%	0.08%
AMGN	D	1.05%	0.16%	0.16%
AMZN	C	2.92%	0.37%	0.37%
ANET	C	0.77%	0.19%	0.19%
APA	D	0.08%	0.02%	0.02%
APH	A	0.6%	0.43%	0.43%
APP	B	0.42%	0.0%	0.0%
AVB	B	0.1%	0.01%	0.01%
AVGO	D	1.77%	0.11%	0.11%
BBY	D	0.11%	0.06%	0.06%
BKNG	A	1.19%	0.03%	0.03%
BRK.A	B	1.11%	0.73%	0.73%
BSX	B	0.84%	0.02%	0.02%
C	A	0.97%	0.25%	0.25%
CAT	B	1.27%	0.36%	0.36%
CB	C	0.56%	0.4%	0.4%
CF	B	0.11%	0.13%	0.11%
CFG	B	0.13%	0.04%	0.04%
CHRW	C	0.1%	0.01%	0.01%
CI	F	0.56%	0.18%	0.18%
CL	D	0.52%	0.2%	0.2%
CMG	B	0.57%	0.14%	0.14%
CMI	A	0.26%	0.1%	0.1%
COST	B	1.7%	0.76%	0.76%
CSL	C	0.15%	0.03%	0.03%
CTAS	B	0.46%	0.14%	0.14%
CTSH	B	0.24%	0.2%	0.2%
DAL	C	0.2%	0.01%	0.01%
DECK	A	0.22%	0.05%	0.05%
DELL	C	0.19%	0.01%	0.01%
DGX	A	0.1%	0.11%	0.1%
DHI	D	0.36%	0.1%	0.1%
DKS	C	0.1%	0.02%	0.02%
DPZ	C	0.11%	0.06%	0.06%
DVA	B	0.1%	0.01%	0.01%
DVN	F	0.08%	0.03%	0.03%
EBAY	D	0.17%	0.01%	0.01%
ELV	F	0.28%	0.21%	0.21%
EME	C	0.12%	0.04%	0.04%
EMN	D	0.1%	0.01%	0.01%
ESS	B	0.11%	0.01%	0.01%
ETR	B	0.16%	0.03%	0.03%
EXR	D	0.11%	0.01%	0.01%
FANG	D	0.2%	0.09%	0.09%
FAST	B	0.33%	0.09%	0.09%
FICO	B	0.17%	0.05%	0.05%
FOX	A	0.11%	0.01%	0.01%
FOXA	B	0.11%	0.01%	0.01%
GD	F	0.39%	0.18%	0.18%
GLPI	C	0.09%	0.01%	0.01%
GLW	B	0.19%	0.02%	0.02%
GM	B	0.35%	0.19%	0.19%
GOOG	C	1.73%	0.94%	0.94%
GOOGL	C	2.04%	1.07%	1.07%
GRMN	B	0.25%	0.05%	0.05%
GS	A	0.6%	0.17%	0.17%
GWW	B	0.38%	0.11%	0.11%
HCA	F	0.49%	0.04%	0.04%
HIG	B	0.19%	0.03%	0.03%
HLT	A	0.33%	0.01%	0.01%
HPE	B	0.21%	0.04%	0.04%
HPQ	B	0.29%	0.04%	0.04%
HWM	A	0.25%	0.01%	0.01%
IBM	C	1.31%	0.46%	0.46%
IP	B	0.13%	0.02%	0.02%
IRM	D	0.18%	0.01%	0.01%
ISRG	A	1.3%	0.25%	0.25%
JNJ	D	1.55%	1.1%	1.1%
JNPR	F	0.09%	0.12%	0.09%
JPM	A	1.23%	0.6%	0.6%
K	A	0.1%	0.23%	0.1%
KLAC	D	0.67%	0.14%	0.14%
KMB	D	0.14%	0.11%	0.11%
LDOS	C	0.17%	0.01%	0.01%
LEN	D	0.09%	0.09%	0.09%
LEN	D	0.3%	0.09%	0.09%
LII	A	0.15%	0.0%	0.0%
LLY	F	1.31%	1.14%	1.14%
LMT	D	0.4%	0.42%	0.4%
LRCX	F	0.66%	0.18%	0.18%
LYB	F	0.16%	0.03%	0.03%
MA	C	1.79%	0.71%	0.71%
MAS	D	0.12%	0.01%	0.01%
MCHP	D	0.23%	0.06%	0.06%
MCO	B	0.56%	0.13%	0.13%
META	D	2.48%	2.11%	2.11%
MO	A	0.85%	0.04%	0.04%
MPWR	F	0.09%	0.04%	0.04%
MRK	F	1.21%	0.42%	0.42%
MSFT	F	5.96%	2.3%	2.3%
MSI	B	0.58%	0.65%	0.58%
NRG	B	0.12%	0.02%	0.02%
NTAP	C	0.21%	0.04%	0.04%
NVDA	C	6.71%	2.53%	2.53%
NVR	D	0.19%	0.06%	0.06%
O	D	0.15%	0.02%	0.02%
OC	A	0.13%	0.03%	0.03%
OMC	C	0.09%	0.04%	0.04%
ORCL	B	0.88%	0.25%	0.25%
PCAR	B	0.44%	0.11%	0.11%
PEG	A	0.22%	0.02%	0.02%
PH	A	0.52%	0.02%	0.02%
PHM	D	0.22%	0.06%	0.06%
PKG	A	0.15%	0.04%	0.04%
PM	B	0.71%	0.07%	0.07%
PSA	D	0.38%	0.09%	0.09%
QCOM	F	1.22%	0.32%	0.32%
RCL	A	0.17%	0.01%	0.01%
REGN	F	0.59%	0.31%	0.31%
RMD	C	0.13%	0.05%	0.05%
ROL	B	0.1%	0.08%	0.08%
RSG	A	0.31%	0.46%	0.31%
RTX	C	0.5%	0.09%	0.09%
SO	D	0.29%	0.46%	0.29%
SPG	B	0.46%	0.02%	0.02%
SSNC	B	0.09%	0.01%	0.01%
STLD	B	0.16%	0.02%	0.02%
SWKS	F	0.09%	0.03%	0.03%
SYF	B	0.21%	0.04%	0.04%
SYK	C	0.94%	0.03%	0.03%
T	A	1.07%	0.39%	0.39%
TER	D	0.08%	0.02%	0.02%
TJX	A	0.95%	0.35%	0.35%
TMUS	B	0.59%	0.76%	0.59%
TPL	A	0.16%	0.06%	0.06%
TSCO	D	0.15%	0.06%	0.06%
TSLA	B	1.13%	0.16%	0.16%
TT	A	0.65%	0.15%	0.15%
TXN	C	1.24%	0.48%	0.48%
UHS	D	0.1%	0.01%	0.01%
UNH	C	0.52%	1.35%	0.52%
URI	B	0.38%	0.02%	0.02%
UTHR	C	0.12%	0.15%	0.12%
VICI	C	0.1%	0.02%	0.02%
VRTX	F	0.92%	0.43%	0.43%
VZ	C	1.24%	0.58%	0.58%
WAB	B	0.17%	0.01%	0.01%
WM	A	0.67%	0.52%	0.52%
WMT	A	1.68%	0.76%	0.76%
WSM	B	0.15%	0.03%	0.03%
WSO	A	0.13%	0.03%	0.03%
XOM	B	0.63%	0.47%	0.47%

FLQL Overweight 62 Positions Relative to QWLD

Symbol	Grade	Weight
SPOT	B	0.22%
TOL	B	0.13%
TNL	A	0.12%
AWI	A	0.12%
RL	B	0.12%
JEF	A	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%
PPC	C	0.11%
CW	B	0.11%
R	B	0.11%
LOPE	B	0.11%
CASY	A	0.11%
RGA	A	0.11%
G	B	0.11%
TXRH	C	0.11%
JHG	A	0.11%
THC	D	0.11%
UGI	A	0.1%
OHI	C	0.1%
SCCO	F	0.1%
CLH	B	0.1%
LAMR	D	0.1%
NFG	A	0.1%
ADC	B	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%
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%
AVT	C	0.09%
MTG	C	0.09%
M	D	0.09%
HIW	D	0.09%
CRI	D	0.08%
WING	D	0.08%
COKE	C	0.08%
CIVI	D	0.08%
MEDP	D	0.08%
CROX	D	0.07%
OGN	D	0.07%
CRUS	D	0.07%
MDU	D	0.07%

FLQL Underweight 462 Positions Relative to QWLD

Symbol	Grade	Weight
V	A	-1.21%
CSCO	B	-1.03%
PG	A	-0.95%
NVS	D	-0.79%
PEP	F	-0.77%
ACN	C	-0.65%
MCK	B	-0.58%
KO	D	-0.56%
NFLX	A	-0.54%
MMC	B	-0.51%
ROP	B	-0.48%
MCD	D	-0.42%
ADBE	C	-0.42%
COR	B	-0.41%
BAC	A	-0.39%
DUK	C	-0.36%
PGR	A	-0.35%
ED	D	-0.35%
GIS	D	-0.33%
CVX	A	-0.33%
NOC	D	-0.32%
KR	B	-0.31%
GE	D	-0.31%
TRV	B	-0.3%
WFC	A	-0.28%
AZO	C	-0.28%
INTU	C	-0.27%
UL	D	-0.27%
WCN	A	-0.27%
ADP	B	-0.26%
UNP	C	-0.26%
HON	B	-0.26%
HSBH	B	-0.25%
GDDY	A	-0.25%
BLK	C	-0.25%
ORLY	B	-0.24%
CBOE	B	-0.24%
MFG	B	-0.24%
GILD	C	-0.24%
BMY	B	-0.21%
EA	A	-0.2%
KHC	F	-0.2%
WEC	A	-0.2%
AJG	B	-0.19%
WMB	A	-0.19%
CHD	B	-0.19%
PFE	D	-0.18%
PANW	C	-0.18%
KEYS	A	-0.17%
CMCSA	B	-0.17%
NKE	D	-0.17%
AON	A	-0.17%
L	A	-0.17%
CHKP	D	-0.17%
MPC	D	-0.17%
HSY	F	-0.16%
CVS	D	-0.16%
CME	A	-0.16%
FFIV	B	-0.16%
TM	D	-0.15%
TSN	B	-0.15%
TGT	F	-0.15%
YUM	B	-0.15%
BAH	F	-0.15%
INCY	C	-0.15%
HD	A	-0.15%
ZTS	D	-0.15%
HUM	C	-0.15%
KDP	D	-0.14%
PSX	C	-0.14%
VRSN	F	-0.14%
BRO	B	-0.14%
MMM	D	-0.14%
SHW	A	-0.14%
MUFG	B	-0.14%
WRB	A	-0.14%
MDLZ	F	-0.14%
CAH	B	-0.13%
MKL	A	-0.13%
CDNS	B	-0.13%
ITW	B	-0.13%
ERIE	D	-0.12%
MS	A	-0.12%
GEN	B	-0.12%
SNPS	B	-0.12%
TD	F	-0.12%
E	F	-0.12%
NBIX	C	-0.11%
AKAM	D	-0.11%
CSX	B	-0.11%
BCS	C	-0.11%
FCNCA	A	-0.11%
DEO	F	-0.11%
PNC	B	-0.1%
ADSK	A	-0.1%
DIS	B	-0.1%
COF	B	-0.1%
COP	C	-0.1%
CNI	D	-0.1%
PAYX	C	-0.1%
INTC	D	-0.1%
SMFG	B	-0.1%
XEL	A	-0.09%
FI	A	-0.09%
CPB	D	-0.09%
LYG	F	-0.09%
TFC	A	-0.09%
AEE	A	-0.09%
HRL	D	-0.09%
USB	A	-0.09%
AMP	A	-0.09%
ABT	B	-0.09%
F	C	-0.09%
ALL	A	-0.08%
VLO	C	-0.08%
ODFL	B	-0.08%
PTC	A	-0.08%
CPRT	A	-0.08%
KVUE	A	-0.08%
AIZ	A	-0.08%
SONY	B	-0.08%
STLA	F	-0.08%
JKHY	D	-0.07%
WBD	C	-0.07%
MNST	C	-0.07%
HMC	F	-0.07%
AIG	B	-0.07%
UPS	C	-0.07%
AEP	D	-0.07%
EW	C	-0.07%
SJM	D	-0.07%
BMRN	D	-0.07%
CDW	F	-0.07%
FDX	B	-0.07%
LULU	C	-0.07%
BDX	F	-0.07%
WTW	B	-0.07%
IDXX	F	-0.07%
LOW	D	-0.07%
NEE	D	-0.06%
LNG	B	-0.06%
TDY	B	-0.06%
CRM	B	-0.06%
EOG	A	-0.06%
EG	C	-0.06%
MDT	D	-0.06%
D	C	-0.06%
LIN	D	-0.06%
MOH	F	-0.06%
TMO	F	-0.06%
LOGI	D	-0.06%
ROK	B	-0.06%
A	D	-0.06%
AXP	A	-0.06%
ULTA	F	-0.06%
DE	A	-0.06%
BLDR	D	-0.05%
VEEV	C	-0.05%
LPLA	A	-0.05%
MTB	A	-0.05%
BTI	B	-0.05%
DOV	A	-0.05%
VLTO	D	-0.05%
ADM	D	-0.05%
CNC	D	-0.05%
PRU	A	-0.05%
DINO	D	-0.05%
MT	B	-0.05%
CMS	C	-0.05%
MET	A	-0.05%
DHR	F	-0.05%
BK	A	-0.05%
GPC	D	-0.05%
TROW	B	-0.05%
CHTR	C	-0.05%
NEM	D	-0.04%
WST	C	-0.04%
SPGI	C	-0.04%
SNA	A	-0.04%
SRE	A	-0.04%
SBUX	A	-0.04%
WBA	F	-0.04%
MANH	D	-0.04%
EXPD	D	-0.04%
KMI	A	-0.04%
HUBB	B	-0.04%
MU	D	-0.04%
WAT	B	-0.04%
CAG	D	-0.04%
CTVA	C	-0.04%
SCHW	B	-0.04%
BR	A	-0.04%
WDAY	B	-0.04%
NUE	C	-0.04%
TRGP	B	-0.04%
DFS	B	-0.04%
PLD	D	-0.04%
PYPL	B	-0.04%
EIX	B	-0.03%
AVY	D	-0.03%
IEX	B	-0.03%
GGG	B	-0.03%
BG	F	-0.03%
SYY	B	-0.03%
BX	A	-0.03%
FDS	B	-0.03%
POOL	C	-0.03%
JBHT	C	-0.03%
SW	A	-0.03%
NSC	B	-0.03%
CBRE	B	-0.03%
APD	A	-0.03%
LNT	A	-0.03%
ICE	C	-0.03%
PNR	A	-0.03%
SOLV	C	-0.03%
VTRS	A	-0.03%
JCI	C	-0.03%
ETN	A	-0.03%
EMR	A	-0.03%
SLB	C	-0.03%
OKE	A	-0.03%
HBAN	A	-0.03%
EXC	C	-0.03%
PCG	A	-0.03%
STT	A	-0.03%
RF	A	-0.03%
DRI	B	-0.03%
OXY	D	-0.03%
AMD	F	-0.03%
DOW	F	-0.03%
FITB	A	-0.03%
IT	C	-0.03%
ALLY	C	-0.02%
EQIX	A	-0.02%
KMX	B	-0.02%
HAL	C	-0.02%
TTC	D	-0.02%
NXPI	D	-0.02%
MKTX	D	-0.02%
ACI	C	-0.02%
EQT	B	-0.02%
WY	D	-0.02%
SQ	B	-0.02%
AOS	F	-0.02%
GEHC	F	-0.02%
APO	B	-0.02%
RS	B	-0.02%
SEIC	B	-0.02%
JBL	B	-0.02%
NMR	B	-0.02%
CEG	D	-0.02%
NTRS	A	-0.02%
ROST	C	-0.02%
DTE	C	-0.02%
OVV	B	-0.02%
AER	B	-0.02%
CINF	A	-0.02%
MOS	F	-0.02%
FIS	C	-0.02%
RJF	A	-0.02%
LH	C	-0.02%
AFG	A	-0.02%
PFG	D	-0.02%
CTRA	B	-0.02%
DLR	B	-0.02%
WELL	A	-0.02%
PAYC	B	-0.02%
CARR	D	-0.02%
MRO	B	-0.02%
NDSN	B	-0.02%
IPG	D	-0.02%
GPN	B	-0.02%
AMT	D	-0.02%
DD	D	-0.02%
BKR	B	-0.02%
EPAM	C	-0.02%
KKR	A	-0.02%
GEV	B	-0.02%
ALLE	D	-0.02%
FCX	D	-0.02%
KEY	B	-0.02%
LHX	C	-0.02%
DASH	A	-0.01%
CPT	B	-0.01%
WTRG	B	-0.01%
CTLT	B	-0.01%
MGM	D	-0.01%
VRSK	A	-0.01%
FSLR	F	-0.01%
RPRX	D	-0.01%
SBAC	D	-0.01%
MBAVU	D	-0.01%
HST	C	-0.01%
EL	F	-0.01%
RPM	A	-0.01%
HII	D	-0.01%
TRU	D	-0.01%
TRMB	B	-0.01%
AVTR	F	-0.01%
NWSA	B	-0.01%
TTWO	A	-0.01%
STE	F	-0.01%
SUI	D	-0.01%
REG	B	-0.01%
CLX	B	-0.01%
BURL	A	-0.01%
CCL	B	-0.01%
WPC	D	-0.01%
STX	D	-0.01%
CE	F	-0.01%
MKC	D	-0.01%
INVH	D	-0.01%
EFX	F	-0.01%
TWLO	A	-0.01%
HSIC	B	-0.01%
RVTY	F	-0.01%
BEN	C	-0.01%
CG	A	-0.01%
FTNT	C	-0.01%
COIN	C	-0.01%
DOC	D	-0.01%
MRNA	F	-0.01%
AES	F	-0.01%
CCEP	C	-0.01%
ACM	A	-0.01%
XYL	D	-0.01%
BXP	D	-0.01%
MAA	B	-0.01%
ZM	B	-0.01%
CHRD	D	-0.01%
CCK	C	-0.01%
AGCO	D	-0.01%
ZBRA	B	-0.01%
STZ	D	-0.01%
ARE	D	-0.01%
TDG	D	-0.01%
BALL	D	-0.01%
DLTR	F	-0.01%
FTV	C	-0.01%
AWK	D	-0.01%
CPAY	A	-0.01%
LKQ	D	-0.01%
WFG	D	-0.01%
ABNB	C	-0.01%
IR	B	-0.01%
SE	B	-0.01%
WDC	D	-0.01%
KNX	B	-0.01%
VTR	C	-0.01%
HOLX	D	-0.01%
TXT	D	-0.01%
NDAQ	A	-0.01%
OTIS	C	-0.01%
IFF	D	-0.01%
VMC	B	-0.01%
BSY	D	-0.01%
NI	A	-0.01%
KIM	A	-0.01%
MLM	B	-0.01%
ALB	C	-0.01%
MRVL	B	-0.01%
EXPE	B	-0.01%
EQR	B	-0.01%
EQH	B	-0.01%
IQV	D	-0.01%
J	F	-0.01%
APTV	D	-0.01%
FNF	B	-0.01%
PWR	A	-0.01%
MAR	B	-0.01%
ZBH	C	-0.01%
UBER	D	-0.01%
CNP	B	-0.01%
CRBG	B	-0.01%
EVRG	A	-0.01%
VST	B	-0.01%
SWK	D	-0.01%
ATO	A	-0.01%
BIIB	F	-0.01%
DG	F	-0.01%
AME	A	-0.01%
HES	B	-0.01%
BAX	D	-0.01%
MELI	D	-0.01%
ON	D	-0.01%
TAP	C	-0.01%
BA	F	-0.01%
FE	C	-0.01%
ECL	D	-0.01%
NOW	A	-0.01%
PPG	F	-0.01%
CCI	D	-0.01%
ES	D	-0.01%
SMCI	F	-0.01%
PPL	B	-0.01%
CNH	C	-0.01%
PARA	C	-0.01%
ENPH	F	-0.01%
GLBE	B	-0.0%
IOT	A	-0.0%
NET	B	-0.0%
RBLX	C	-0.0%
XRX	F	-0.0%
DDOG	A	-0.0%
DKNG	B	-0.0%
TOST	B	-0.0%
SNAP	C	-0.0%
H	B	-0.0%
PSTG	D	-0.0%
FUTU	D	-0.0%
HEI	B	-0.0%
PINS	D	-0.0%
DT	C	-0.0%
DAY	B	-0.0%
SNOW	C	-0.0%
DOCU	A	-0.0%
EXAS	D	-0.0%
PODD	C	-0.0%
GRAB	B	-0.0%
TECH	D	-0.0%
ROKU	D	-0.0%
WYNN	D	-0.0%
OKTA	C	-0.0%
DXCM	D	-0.0%
CRWD	B	-0.0%
MSTR	C	-0.0%
TYL	B	-0.0%
TTD	B	-0.0%
ELS	C	-0.0%
HOOD	B	-0.0%
ENTG	D	-0.0%
TW	A	-0.0%
HEI	B	-0.0%
RIVN	F	-0.0%
Z	A	-0.0%
LUV	C	-0.0%
WLK	D	-0.0%
MTCH	D	-0.0%
LYV	A	-0.0%
QGEN	D	-0.0%
LW	C	-0.0%
VRT	B	-0.0%
BBWI	D	-0.0%
MSCI	C	-0.0%
CSGP	D	-0.0%
AXON	A	-0.0%
LVS	C	-0.0%
CRL	C	-0.0%
BIO	D	-0.0%
TFX	F	-0.0%
UDR	B	-0.0%
ILMN	D	-0.0%
QRVO	F	-0.0%
OTEX	D	-0.0%
ANSS	B	-0.0%
AMH	D	-0.0%
ALGN	D	-0.0%
PLTR	B	-0.0%
UHAL	D	-0.0%
ARES	A	-0.0%
FBIN	D	-0.0%