FLQL vs. TGRT ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Growth ETF (TGRT)

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

TGRT

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Growth ETF

TGRT Description

The fund will invest primarily in U.S. equity securities. The adviser uses a growth style of investing. Accordingly, the adviser looks for companies with an above-average rate of earnings, cash flow growth, and a lucrative niche in the economy that gives them the ability to sustain earnings momentum even during times of slow economic growth. The fund may purchase the stocks of companies of any size, but typically focuses on large-cap companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.63

Average Daily Volume

32,448

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	TGRT
30 Days	2.44%	3.41%
60 Days	3.55%	5.24%
90 Days	4.50%	6.43%
12 Months	31.26%	36.54%

35 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in TGRT	Overlap
AAPL	C	7.0%	9.94%	7.0%
ADI	D	0.32%	0.21%	0.21%
AMZN	C	2.92%	6.46%	2.92%
ANET	C	0.77%	0.36%	0.36%
APH	A	0.6%	1.06%	0.6%
AVGO	D	1.77%	1.53%	1.53%
BKNG	A	1.19%	0.95%	0.95%
CI	F	0.56%	1.02%	0.56%
CMG	B	0.57%	0.74%	0.57%
COST	B	1.7%	0.78%	0.78%
CTAS	B	0.46%	0.34%	0.34%
ELV	F	0.28%	0.19%	0.19%
FAST	B	0.33%	0.14%	0.14%
FICO	B	0.17%	0.68%	0.17%
GOOGL	C	2.04%	5.82%	2.04%
HCA	F	0.49%	0.29%	0.29%
HLT	A	0.33%	0.45%	0.33%
HWM	A	0.25%	0.65%	0.25%
ISRG	A	1.3%	1.59%	1.3%
KLAC	D	0.67%	0.15%	0.15%
LLY	F	1.31%	2.85%	1.31%
LRCX	F	0.66%	0.27%	0.27%
MA	C	1.79%	2.6%	1.79%
META	D	2.48%	5.65%	2.48%
MPWR	F	0.09%	0.15%	0.09%
MSFT	F	5.96%	11.41%	5.96%
NVDA	C	6.71%	10.21%	6.71%
QCOM	F	1.22%	0.3%	0.3%
REGN	F	0.59%	0.16%	0.16%
SPOT	B	0.22%	0.41%	0.22%
SYK	C	0.94%	0.92%	0.92%
TMUS	B	0.59%	0.38%	0.38%
TSLA	B	1.13%	0.92%	0.92%
UNH	C	0.52%	1.76%	0.52%
VRTX	F	0.92%	0.31%	0.31%

FLQL Overweight 175 Positions Relative to TGRT

Symbol	Grade	Weight
GOOG	C	1.73%
WMT	A	1.68%
JNJ	D	1.55%
ABBV	D	1.33%
IBM	C	1.31%
CAT	B	1.27%
VZ	C	1.24%
TXN	C	1.24%
JPM	A	1.23%
MRK	F	1.21%
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%
ORCL	B	0.88%
MO	A	0.85%
BSX	B	0.84%
PM	B	0.71%
WM	A	0.67%
TT	A	0.65%
XOM	B	0.63%
GS	A	0.6%
MSI	B	0.58%
CB	C	0.56%
MCO	B	0.56%
PH	A	0.52%
CL	D	0.52%
RTX	C	0.5%
SPG	B	0.46%
PCAR	B	0.44%
APP	B	0.42%
LMT	D	0.4%
GD	F	0.39%
GWW	B	0.38%
PSA	D	0.38%
URI	B	0.38%
DHI	D	0.36%
GM	B	0.35%
RSG	A	0.31%
LEN	D	0.3%
HPQ	B	0.29%
SO	D	0.29%
ACGL	D	0.26%
CMI	A	0.26%
GRMN	B	0.25%
CTSH	B	0.24%
MCHP	D	0.23%
AFL	B	0.23%
PHM	D	0.22%
PEG	A	0.22%
DECK	A	0.22%
SYF	B	0.21%
HPE	B	0.21%
NTAP	C	0.21%
DAL	C	0.2%
FANG	D	0.2%
DELL	C	0.19%
HIG	B	0.19%
GLW	B	0.19%
NVR	D	0.19%
IRM	D	0.18%
LDOS	C	0.17%
EBAY	D	0.17%
WAB	B	0.17%
RCL	A	0.17%
LYB	F	0.16%
TPL	A	0.16%
ETR	B	0.16%
STLD	B	0.16%
PKG	A	0.15%
LII	A	0.15%
CSL	C	0.15%
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%
RMD	C	0.13%
CFG	B	0.13%
IP	B	0.13%
TNL	A	0.12%
NRG	B	0.12%
EME	C	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%
UTHR	C	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%
FOXA	B	0.11%
EXR	D	0.11%
PPC	C	0.11%
FOX	A	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%
ESS	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%
K	A	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%
DKS	C	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%
CHRW	C	0.1%
CUZ	B	0.1%
AMCR	D	0.09%
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%
LEN	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 56 Positions Relative to TGRT

Symbol	Grade	Weight
V	A	-2.13%
INTU	C	-1.86%
FI	A	-1.83%
NOW	A	-1.4%
NFLX	A	-1.35%
ADBE	C	-1.2%
HD	A	-0.95%
AMD	F	-0.88%
ROST	C	-0.81%
IR	B	-0.75%
DHR	F	-0.74%
SHOP	B	-0.69%
TW	A	-0.67%
CRM	B	-0.6%
EFX	F	-0.57%
CDNS	B	-0.5%
MELI	D	-0.48%
ASML	F	-0.47%
TDG	D	-0.45%
SNPS	B	-0.44%
UBER	D	-0.42%
ARGX	A	-0.41%
SBUX	A	-0.41%
CPNG	D	-0.41%
ORLY	B	-0.39%
BDX	F	-0.38%
HUBS	A	-0.35%
TSM	B	-0.35%
SCHW	B	-0.34%
ADP	B	-0.34%
MCK	B	-0.33%
TEAM	A	-0.33%
DT	C	-0.31%
LIN	D	-0.3%
SLB	C	-0.29%
MMC	B	-0.28%
IOT	A	-0.27%
PANW	C	-0.27%
ADSK	A	-0.26%
APO	B	-0.26%
ROP	B	-0.24%
DKNG	B	-0.2%
ENTG	D	-0.19%
WDAY	B	-0.19%
SPGI	C	-0.17%
LEGN	F	-0.16%
CBOE	B	-0.16%
SHW	A	-0.16%
PEP	F	-0.15%
ULTA	F	-0.15%
ZTS	D	-0.15%
DG	F	-0.15%
WCN	A	-0.14%
BR	A	-0.14%
STZ	D	-0.1%
LULU	C	-0.08%