FLQL vs. RECS ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to Columbia Research Enhanced Core ETF (RECS)
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
RECS

Columbia Research Enhanced Core ETF

RECS Description The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Research Enhanced U.S. Equity Index. The fund invests at least 80% of its assets in the securities of the index. The index is comprised of a subset of the companies within the Russell 1000® Index. The index was designed to reflect the performance of U.S. large- and mid-cap growth and value companies through the application of a rules-based methodology, which typically results in approximately 325-400 Index holdings, but this range can fluctuate because the index has no constraints on number of holdings.

Grade (RS Rating)

Last Trade

$35.65

Average Daily Volume

393,572

Number of Holdings *

361

* may have additional holdings in another (foreign) market
Performance
Period FLQL RECS
30 Days 2.44% 3.51%
60 Days 3.55% 5.75%
90 Days 4.50% 7.12%
12 Months 31.26% 35.12%
119 Overlapping Holdings
Symbol Grade Weight in FLQL Weight in RECS Overlap
AAPL C 7.0% 8.2% 7.0%
ABBV D 1.33% 0.55% 0.55%
ALSN B 0.12% 0.04% 0.04%
AMGN D 1.05% 0.29% 0.29%
AMZN C 2.92% 4.7% 2.92%
ANET C 0.77% 0.25% 0.25%
APP B 0.42% 0.21% 0.21%
AXS A 0.11% 0.04% 0.04%
AYI B 0.12% 0.04% 0.04%
BKNG A 1.19% 0.6% 0.6%
C A 0.97% 0.7% 0.7%
CACI D 0.09% 0.04% 0.04%
CAT B 1.27% 0.81% 0.81%
CF B 0.11% 0.13% 0.11%
CI F 0.56% 0.57% 0.56%
CIVI D 0.08% 0.02% 0.02%
CL D 0.52% 0.37% 0.37%
CMI A 0.26% 0.21% 0.21%
COKE C 0.08% 0.03% 0.03%
CRI D 0.08% 0.01% 0.01%
CROX D 0.07% 0.02% 0.02%
CRUS D 0.07% 0.01% 0.01%
CSL C 0.15% 0.09% 0.09%
CTAS B 0.46% 0.32% 0.32%
CW B 0.11% 0.05% 0.05%
DAL C 0.2% 0.18% 0.18%
DECK A 0.22% 0.1% 0.1%
DELL C 0.19% 0.09% 0.09%
DHI D 0.36% 0.17% 0.17%
DKS C 0.1% 0.04% 0.04%
DTM B 0.12% 0.03% 0.03%
EME C 0.12% 0.11% 0.11%
EPR D 0.09% 0.02% 0.02%
ETR B 0.16% 0.24% 0.16%
FANG D 0.2% 0.1% 0.1%
FIX A 0.12% 0.07% 0.07%
FOX A 0.11% 0.01% 0.01%
FOXA B 0.11% 0.02% 0.02%
G B 0.11% 0.03% 0.03%
GAP C 0.09% 0.01% 0.01%
GLPI C 0.09% 0.07% 0.07%
GOOG C 1.73% 1.97% 1.73%
GOOGL C 2.04% 2.33% 2.04%
HCA F 0.49% 0.4% 0.4%
HIW D 0.09% 0.02% 0.02%
HLT A 0.33% 0.22% 0.22%
HPE B 0.21% 0.07% 0.07%
HPQ B 0.29% 0.09% 0.09%
HRB D 0.09% 0.03% 0.03%
INGR B 0.1% 0.05% 0.05%
JEF A 0.12% 0.07% 0.07%
JHG A 0.11% 0.03% 0.03%
JNJ D 1.55% 2.34% 1.55%
JNPR F 0.09% 0.03% 0.03%
JPM A 1.23% 3.69% 1.23%
K A 0.1% 0.1% 0.1%
KEX C 0.1% 0.03% 0.03%
KMB D 0.14% 0.23% 0.14%
KRC C 0.1% 0.02% 0.02%
LDOS C 0.17% 0.09% 0.09%
LEN D 0.3% 0.14% 0.14%
LEN D 0.09% 0.14% 0.09%
LEN D 0.09% 0.0% 0.0%
LEN D 0.3% 0.0% 0.0%
LMT D 0.4% 0.49% 0.4%
LNC B 0.11% 0.03% 0.03%
LRCX F 0.66% 0.23% 0.23%
LYB F 0.16% 0.16% 0.16%
M D 0.09% 0.01% 0.01%
MAS D 0.12% 0.07% 0.07%
MEDP D 0.08% 0.05% 0.05%
META D 2.48% 2.88% 2.48%
MO A 0.85% 0.47% 0.47%
MPWR F 0.09% 0.06% 0.06%
MSFT F 5.96% 7.47% 5.96%
MSI B 0.58% 0.2% 0.2%
MTG C 0.09% 0.03% 0.03%
NEU C 0.09% 0.02% 0.02%
NNN D 0.09% 0.04% 0.04%
NTAP C 0.21% 0.06% 0.06%
NVDA C 6.71% 8.6% 6.71%
NVR D 0.19% 0.08% 0.08%
OC A 0.13% 0.07% 0.07%
OGN D 0.07% 0.02% 0.02%
PCAR B 0.44% 0.25% 0.25%
PH A 0.52% 0.38% 0.38%
PHM D 0.22% 0.09% 0.09%
PK B 0.09% 0.02% 0.02%
PKG A 0.15% 0.17% 0.15%
PM B 0.71% 1.01% 0.71%
PPC C 0.11% 0.01% 0.01%
QCOM F 1.22% 0.42% 0.42%
R B 0.11% 0.03% 0.03%
RCL A 0.17% 0.19% 0.17%
REGN F 0.59% 0.15% 0.15%
RGA A 0.11% 0.08% 0.08%
RL B 0.12% 0.03% 0.03%
SNX C 0.09% 0.02% 0.02%
SPG B 0.46% 0.31% 0.31%
SPOT B 0.22% 0.16% 0.16%
SSNC B 0.09% 0.07% 0.07%
STLD B 0.16% 0.16% 0.16%
SWKS F 0.09% 0.03% 0.03%
SYF B 0.21% 0.14% 0.14%
T A 1.07% 0.37% 0.37%
THC D 0.11% 0.09% 0.09%
TJX A 0.95% 0.48% 0.48%
TNL A 0.12% 0.01% 0.01%
TOL B 0.13% 0.05% 0.05%
TT A 0.65% 0.41% 0.41%
TXRH C 0.11% 0.04% 0.04%
UGI A 0.1% 0.04% 0.04%
UTHR C 0.12% 0.03% 0.03%
VRTX F 0.92% 0.21% 0.21%
WAB B 0.17% 0.15% 0.15%
WM A 0.67% 0.37% 0.37%
WSM B 0.15% 0.08% 0.08%
WU D 0.09% 0.02% 0.02%
XOM B 0.63% 1.56% 0.63%
FLQL Overweight 93 Positions Relative to RECS
Symbol Grade Weight
MA C 1.79%
AVGO D 1.77%
COST B 1.7%
WMT A 1.68%
IBM C 1.31%
LLY F 1.31%
ISRG A 1.3%
VZ C 1.24%
TXN C 1.24%
MRK F 1.21%
TSLA B 1.13%
BRK.A B 1.11%
AMAT F 0.96%
SYK C 0.94%
ORCL B 0.88%
BSX B 0.84%
KLAC D 0.67%
GS A 0.6%
APH A 0.6%
TMUS B 0.59%
CMG B 0.57%
CB C 0.56%
MCO B 0.56%
UNH C 0.52%
RTX C 0.5%
GD F 0.39%
GWW B 0.38%
PSA D 0.38%
URI B 0.38%
GM B 0.35%
FAST B 0.33%
ADI D 0.32%
RSG A 0.31%
SO D 0.29%
ELV F 0.28%
ACGL D 0.26%
HWM A 0.25%
GRMN B 0.25%
CTSH B 0.24%
MCHP D 0.23%
AFL B 0.23%
PEG A 0.22%
HIG B 0.19%
GLW B 0.19%
IRM D 0.18%
FICO B 0.17%
EBAY D 0.17%
TPL A 0.16%
LII A 0.15%
TSCO D 0.15%
O D 0.15%
WSO A 0.13%
RMD C 0.13%
CFG B 0.13%
IP B 0.13%
NRG B 0.12%
AWI A 0.12%
EVR B 0.12%
BJ A 0.11%
MUSA A 0.11%
EXR D 0.11%
DPZ C 0.11%
LOPE B 0.11%
CASY A 0.11%
ESS B 0.11%
BBY D 0.11%
OHI C 0.1%
ROL B 0.1%
SCCO F 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%
VICI C 0.1%
RGLD C 0.1%
EHC B 0.1%
CHRW C 0.1%
CUZ B 0.1%
AMCR D 0.09%
GPK C 0.09%
CHE D 0.09%
AVT C 0.09%
OMC C 0.09%
APA D 0.08%
WING D 0.08%
DVN F 0.08%
TER D 0.08%
MDU D 0.07%
FLQL Underweight 244 Positions Relative to RECS
Symbol Grade Weight
PG A -1.98%
BAC A -1.67%
WFC A -1.38%
TMO F -1.23%
CVX A -0.8%
BLK C -0.79%
CRM B -0.74%
BMY B -0.73%
MDT D -0.68%
FI A -0.66%
UNP C -0.61%
UBER D -0.6%
MMC B -0.58%
CSCO B -0.56%
ADP B -0.52%
ADBE C -0.52%
MCK B -0.51%
NOW A -0.5%
DIS B -0.48%
AMT D -0.48%
EQIX A -0.45%
PYPL B -0.45%
CME A -0.44%
INTU C -0.43%
BDX F -0.41%
UPS C -0.41%
VST B -0.4%
PCG A -0.34%
PLTR B -0.33%
MMM D -0.3%
BK A -0.3%
XEL A -0.29%
EXC C -0.29%
CSX B -0.29%
PANW C -0.28%
FDX B -0.28%
NUE C -0.27%
TGT F -0.27%
ALL A -0.27%
COR B -0.25%
MET A -0.25%
PRU A -0.24%
EIX B -0.24%
EOG A -0.23%
PPG F -0.22%
VRT B -0.21%
CRWD B -0.2%
CNC D -0.2%
CAH B -0.19%
KR B -0.19%
DTE C -0.19%
PAYX C -0.19%
GILD C -0.19%
AEE A -0.18%
FITB A -0.17%
WTW B -0.17%
OTIS C -0.17%
GIS D -0.17%
CSGP D -0.16%
PSX C -0.16%
ROST C -0.16%
RJF A -0.16%
MPC D -0.16%
STT A -0.15%
FCNCA A -0.15%
MTD D -0.15%
GPN B -0.15%
TROW B -0.14%
UAL A -0.14%
RS B -0.14%
ZBH C -0.14%
FTNT C -0.14%
TTD B -0.13%
ADM D -0.13%
VLO C -0.13%
RPM A -0.13%
LULU C -0.13%
KHC F -0.13%
SBAC D -0.12%
NI A -0.12%
EVRG A -0.11%
INVH D -0.11%
BR A -0.11%
FTV C -0.11%
HOLX D -0.11%
WY D -0.11%
CBOE B -0.11%
DDOG A -0.1%
VTRS A -0.1%
OXY D -0.1%
EA A -0.1%
BAX D -0.1%
EG C -0.09%
CCL B -0.09%
CVNA B -0.09%
TEAM A -0.09%
BLDR D -0.09%
ARE D -0.09%
EWBC A -0.08%
L A -0.08%
EXPE B -0.08%
SNA A -0.08%
EQH B -0.08%
AVTR F -0.08%
EXPD D -0.07%
AES F -0.07%
UNM A -0.07%
EXP A -0.07%
SWK D -0.06%
FHN A -0.06%
CTRA B -0.06%
AIZ A -0.06%
BG F -0.06%
BURL A -0.06%
CE F -0.06%
QGEN D -0.06%
LVS C -0.06%
SF B -0.06%
MOS F -0.06%
JLL D -0.06%
SOLV C -0.06%
HST C -0.06%
CAG D -0.06%
ACM A -0.06%
WPC D -0.06%
RPRX D -0.06%
AMH D -0.06%
ZION B -0.05%
MRO B -0.05%
BRX A -0.05%
LECO B -0.05%
BRBR A -0.05%
GL B -0.05%
ZM B -0.05%
TAP C -0.05%
ITT A -0.05%
LPX B -0.05%
ALNY D -0.05%
FTI A -0.04%
APG B -0.04%
NTRA B -0.04%
ARMK B -0.04%
CNM D -0.04%
OLN D -0.04%
MANH D -0.04%
AOS F -0.04%
GEN B -0.04%
DOCU A -0.04%
VRSN F -0.04%
SON D -0.04%
PSTG D -0.04%
ACI C -0.04%
BLD D -0.04%
DCI B -0.04%
WCC B -0.04%
BIIB F -0.04%
NTNX A -0.04%
PINS D -0.04%
CLF F -0.04%
CRBG B -0.04%
ELAN D -0.04%
SEIC B -0.04%
TPR B -0.04%
GNRC B -0.04%
WTFC A -0.04%
ZS C -0.04%
JAZZ B -0.04%
NWSA B -0.03%
MHK D -0.03%
SAIC F -0.03%
OZK B -0.03%
SLM A -0.03%
SKX D -0.03%
AMG B -0.03%
ASH D -0.03%
ESAB B -0.03%
LNW D -0.03%
MGM D -0.03%
MIDD C -0.03%
RHI B -0.03%
WLK D -0.03%
BEN C -0.03%
WYNN D -0.03%
FFIV B -0.03%
COLB A -0.03%
STAG F -0.03%
FLS B -0.03%
XP F -0.03%
QRVO F -0.02%
DBX B -0.02%
AZTA D -0.02%
VIRT B -0.02%
MSM C -0.02%
GTLB B -0.02%
CWEN C -0.02%
LSCC D -0.02%
EXAS D -0.02%
MTCH D -0.02%
WFRD D -0.02%
SMAR A -0.02%
EXEL B -0.02%
NYT C -0.02%
GTES A -0.02%
DINO D -0.02%
LEA D -0.02%
PVH C -0.02%
ROKU D -0.02%
THO B -0.02%
BILL A -0.02%
INCY C -0.02%
BMRN D -0.02%
MRNA F -0.02%
H B -0.02%
CIEN B -0.02%
EEFT B -0.02%
RYN D -0.02%
PRGO B -0.02%
XRAY F -0.02%
NBIX C -0.02%
SMG D -0.02%
WH B -0.02%
MSA D -0.02%
CNA B -0.01%
APLS D -0.01%
ALGM D -0.01%
CWEN C -0.01%
RARE D -0.01%
AMKR D -0.01%
REYN D -0.01%
ADTN A -0.01%
NWS B -0.01%
ROIV C -0.01%
COLM B -0.01%
IONS F -0.01%
PEGA A -0.01%
SAM C -0.01%
VKTX F -0.01%
MAN D -0.01%
PATH C -0.01%
SRPT D -0.01%
PINC B -0.01%
PLTK B -0.0%
SEB F -0.0%
DDS B -0.0%
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