FLQL vs. USMF ETF Comparison

Comparison of Franklin LibertyQ U.S. Equity ETF (FLQL) to WisdomTree U.S. Multifactor Fund (USMF)

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

USMF

WisdomTree U.S. Multifactor Fund

USMF Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.37

Average Daily Volume

25,306

Number of Holdings ^*

199

* may have additional holdings in another (foreign) market

Performance

Period	FLQL	USMF
30 Days	2.44%	6.39%
60 Days	3.55%	7.88%
90 Days	4.50%	8.72%
12 Months	31.26%	32.34%

67 Overlapping Holdings

Symbol	Grade	Weight in FLQL	Weight in USMF	Overlap
ABBV	D	1.33%	0.37%	0.37%
AFL	B	0.23%	0.35%	0.23%
ALSN	B	0.12%	0.37%	0.12%
APA	D	0.08%	0.23%	0.08%
APP	B	0.42%	1.8%	0.42%
BRK.A	B	1.11%	0.37%	0.37%
BSX	B	0.84%	0.43%	0.43%
CACI	D	0.09%	0.38%	0.09%
CHE	D	0.09%	0.37%	0.09%
CI	F	0.56%	0.28%	0.28%
CL	D	0.52%	0.3%	0.3%
CRUS	D	0.07%	0.51%	0.07%
CTSH	B	0.24%	1.32%	0.24%
DGX	A	0.1%	0.42%	0.1%
DVA	B	0.1%	0.29%	0.1%
DVN	F	0.08%	0.31%	0.08%
EBAY	D	0.17%	0.68%	0.17%
EHC	B	0.1%	0.43%	0.1%
ELV	F	0.28%	0.29%	0.28%
EME	C	0.12%	0.36%	0.12%
ETR	B	0.16%	0.41%	0.16%
FICO	B	0.17%	1.08%	0.17%
FOXA	B	0.11%	1.09%	0.11%
GAP	C	0.09%	0.35%	0.09%
GLPI	C	0.09%	0.33%	0.09%
GM	B	0.35%	0.61%	0.35%
GPK	C	0.09%	0.38%	0.09%
HCA	F	0.49%	0.29%	0.29%
HIG	B	0.19%	0.4%	0.19%
HPQ	B	0.29%	0.96%	0.29%
HRB	D	0.09%	0.58%	0.09%
IBM	C	1.31%	1.39%	1.31%
INGR	B	0.1%	0.38%	0.1%
JNJ	D	1.55%	0.43%	0.43%
JNPR	F	0.09%	0.93%	0.09%
JPM	A	1.23%	0.39%	0.39%
KMB	D	0.14%	0.32%	0.14%
LDOS	C	0.17%	0.44%	0.17%
LMT	D	0.4%	0.39%	0.39%
MAS	D	0.12%	0.28%	0.12%
MO	A	0.85%	0.34%	0.34%
MRK	F	1.21%	0.35%	0.35%
MSI	B	0.58%	1.51%	0.58%
MTG	C	0.09%	0.3%	0.09%
MUSA	A	0.11%	0.74%	0.11%
NNN	D	0.09%	0.32%	0.09%
NTAP	C	0.21%	0.84%	0.21%
PCAR	B	0.44%	0.36%	0.36%
PPC	C	0.11%	0.36%	0.11%
REGN	F	0.59%	0.26%	0.26%
RGA	A	0.11%	0.33%	0.11%
RSG	A	0.31%	0.4%	0.31%
SNX	C	0.09%	1.16%	0.09%
SSNC	B	0.09%	0.36%	0.09%
SYF	B	0.21%	0.32%	0.21%
T	A	1.07%	1.09%	1.07%
THC	D	0.11%	0.25%	0.11%
TJX	A	0.95%	0.84%	0.84%
TMUS	B	0.59%	1.27%	0.59%
TXRH	C	0.11%	0.77%	0.11%
UHS	D	0.1%	0.3%	0.1%
UTHR	C	0.12%	0.38%	0.12%
VICI	C	0.1%	0.32%	0.1%
VZ	C	1.24%	0.9%	0.9%
WM	A	0.67%	0.41%	0.41%
WMT	A	1.68%	0.36%	0.36%
XOM	B	0.63%	0.44%	0.44%

FLQL Overweight 143 Positions Relative to USMF

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%
AVGO	D	1.77%
GOOG	C	1.73%
COST	B	1.7%
LLY	F	1.31%
ISRG	A	1.3%
CAT	B	1.27%
TXN	C	1.24%
QCOM	F	1.22%
BKNG	A	1.19%
TSLA	B	1.13%
AMGN	D	1.05%
C	A	0.97%
AMAT	F	0.96%
SYK	C	0.94%
VRTX	F	0.92%
ORCL	B	0.88%
ANET	C	0.77%
PM	B	0.71%
KLAC	D	0.67%
LRCX	F	0.66%
TT	A	0.65%
GS	A	0.6%
APH	A	0.6%
CMG	B	0.57%
CB	C	0.56%
MCO	B	0.56%
PH	A	0.52%
UNH	C	0.52%
RTX	C	0.5%
SPG	B	0.46%
CTAS	B	0.46%
GD	F	0.39%
GWW	B	0.38%
PSA	D	0.38%
URI	B	0.38%
DHI	D	0.36%
HLT	A	0.33%
FAST	B	0.33%
ADI	D	0.32%
LEN	D	0.3%
SO	D	0.29%
ACGL	D	0.26%
CMI	A	0.26%
HWM	A	0.25%
GRMN	B	0.25%
MCHP	D	0.23%
SPOT	B	0.22%
PHM	D	0.22%
PEG	A	0.22%
DECK	A	0.22%
HPE	B	0.21%
DAL	C	0.2%
FANG	D	0.2%
DELL	C	0.19%
GLW	B	0.19%
NVR	D	0.19%
IRM	D	0.18%
WAB	B	0.17%
RCL	A	0.17%
LYB	F	0.16%
TPL	A	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%
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%
AWI	A	0.12%
RL	B	0.12%
JEF	A	0.12%
AYI	B	0.12%
EVR	B	0.12%
FIX	A	0.12%
DTM	B	0.12%
AXS	A	0.11%
LNC	B	0.11%
BJ	A	0.11%
EXR	D	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%
G	B	0.11%
CF	B	0.11%
ESS	B	0.11%
JHG	A	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%
CLH	B	0.1%
LAMR	D	0.1%
AVB	B	0.1%
NFG	A	0.1%
ADC	B	0.1%
DKS	C	0.1%
KRC	C	0.1%
KEX	C	0.1%
RGLD	C	0.1%
CHRW	C	0.1%
CUZ	B	0.1%
AMCR	D	0.09%
WU	D	0.09%
MPWR	F	0.09%
EPR	D	0.09%
PK	B	0.09%
NEU	C	0.09%
LEN	D	0.09%
AVT	C	0.09%
OMC	C	0.09%
SWKS	F	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%
TER	D	0.08%
CROX	D	0.07%
OGN	D	0.07%
MDU	D	0.07%

FLQL Underweight 132 Positions Relative to USMF

Symbol	Grade	Weight
GDDY	A	-1.52%
VRSN	F	-1.43%
TDY	B	-1.32%
ROP	B	-1.31%
FFIV	B	-1.3%
EA	A	-1.14%
TYL	B	-1.09%
ZM	B	-1.02%
DBX	B	-1.01%
GEN	B	-1.01%
DOCU	A	-1.0%
CVLT	B	-0.98%
AKAM	D	-0.98%
CRM	B	-0.97%
DIS	B	-0.92%
CMCSA	B	-0.92%
DT	C	-0.9%
NYT	C	-0.86%
FTNT	C	-0.85%
ORLY	B	-0.8%
WDAY	B	-0.78%
DRI	B	-0.77%
EPAM	C	-0.75%
IPG	D	-0.74%
AZO	C	-0.71%
LVS	C	-0.71%
ARMK	B	-0.71%
INFA	D	-0.68%
NTNX	A	-0.64%
EXPE	B	-0.54%
COR	B	-0.48%
FSLR	F	-0.48%
MCK	B	-0.46%
CAH	B	-0.44%
AMP	A	-0.44%
IBKR	A	-0.43%
FI	A	-0.43%
ECL	D	-0.43%
HOLX	D	-0.42%
GILD	C	-0.42%
EOG	A	-0.42%
EXEL	B	-0.42%
ADP	B	-0.41%
RJF	A	-0.41%
L	A	-0.4%
ADTN	A	-0.4%
WFC	A	-0.4%
ABT	B	-0.4%
COP	C	-0.4%
UNM	A	-0.4%
DOV	A	-0.39%
ANF	C	-0.39%
ZBH	C	-0.38%
VRSK	A	-0.38%
TRV	B	-0.38%
AIZ	A	-0.38%
BR	A	-0.38%
CCK	C	-0.37%
RLI	B	-0.37%
LH	C	-0.37%
ALL	A	-0.37%
CINF	A	-0.37%
PGR	A	-0.36%
BRO	B	-0.36%
ORI	A	-0.36%
CNA	B	-0.36%
ACI	C	-0.36%
BERY	B	-0.36%
BMY	B	-0.36%
CME	A	-0.36%
PRI	A	-0.35%
AXP	A	-0.35%
MLI	C	-0.35%
VOYA	B	-0.35%
OGE	B	-0.35%
CBOE	B	-0.35%
HAL	C	-0.35%
WRB	A	-0.34%
AIG	B	-0.34%
KR	B	-0.34%
LHX	C	-0.34%
MKL	A	-0.34%
DE	A	-0.34%
MRO	B	-0.34%
VLO	C	-0.33%
PG	A	-0.33%
VTRS	A	-0.33%
EWBC	A	-0.33%
MSA	D	-0.33%
NTRS	A	-0.33%
ELS	C	-0.32%
MTB	A	-0.32%
TAP	C	-0.31%
POST	C	-0.31%
PNW	B	-0.31%
DUK	C	-0.31%
CBSH	A	-0.31%
TMO	F	-0.3%
FCNCA	A	-0.3%
CRS	A	-0.3%
SYY	B	-0.3%
FRT	B	-0.3%
EIX	B	-0.3%
REYN	D	-0.3%
J	F	-0.3%
PCG	A	-0.3%
AEP	D	-0.29%
RYAN	B	-0.29%
SFM	A	-0.29%
MPC	D	-0.29%
LPX	B	-0.29%
WPC	D	-0.28%
GIS	D	-0.27%
BAH	F	-0.27%
CAG	D	-0.26%
KHC	F	-0.26%
FDX	B	-0.26%
CNC	D	-0.26%
SAIC	F	-0.25%
NBIX	C	-0.25%
DINO	D	-0.25%
AMT	D	-0.23%
PAYC	B	-0.23%
FCN	D	-0.23%
PYPL	B	-0.22%
HII	D	-0.22%
MMM	D	-0.2%
FMC	D	-0.19%
BMRN	D	-0.19%
HALO	F	-0.18%
LNTH	D	-0.14%
GL	B	-0.14%