FLQM vs. DVAL ETF Comparison

Comparison of Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) to Dynamic US Large Cap Value ETF (DVAL)

FLQM

Franklin LibertyQ U.S. Mid Cap Equity ETF

FLQM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Mid Cap Equity Index (the U.S. Mid Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Mid Cap underlying index. The U.S. Mid Cap underlying index is based on the Russell Midcap® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$58.81

Average Daily Volume

152,262

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

DVAL

Dynamic US Large Cap Value ETF

DVAL Description

Dynamic US Large Cap Value ETF is an exchange traded fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. and Brandywine Global Investment Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 1000 Value Index and the S&P 500 Index. It employs proprietary research to create its portfolio. Dynamic US Large Cap Value ETF was formed on December 27, 2006 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$15.01

Average Daily Volume

7,029

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	FLQM	DVAL
30 Days	7.34%	6.20%
60 Days	5.94%	6.63%
90 Days	7.87%	8.45%
12 Months	32.93%	28.45%

32 Overlapping Holdings

Symbol	Grade	Weight in FLQM	Weight in DVAL	Overlap
AM	B	0.22%	0.25%	0.22%
AMG	B	0.25%	0.4%	0.25%
AN	B	0.2%	0.62%	0.2%
BC	C	0.2%	0.35%	0.2%
BLDR	C	0.85%	1.86%	0.85%
CF	B	0.61%	0.83%	0.61%
COKE	C	0.13%	0.22%	0.13%
DKS	C	0.48%	0.27%	0.27%
DVA	B	0.22%	0.31%	0.22%
EBAY	C	0.91%	0.78%	0.78%
EXPD	C	0.67%	1.04%	0.67%
EXPE	B	0.38%	0.66%	0.38%
FANG	F	0.84%	0.15%	0.15%
FOXA	C	0.18%	0.51%	0.18%
JBL	C	0.45%	0.89%	0.45%
LYB	F	0.72%	1.44%	0.72%
MTG	B	0.32%	0.45%	0.32%
MUSA	B	0.37%	0.29%	0.29%
NEU	C	0.11%	0.14%	0.11%
NVR	D	0.79%	0.64%	0.64%
OMC	C	0.77%	0.05%	0.05%
OMF	A	0.2%	0.45%	0.2%
ORI	A	0.31%	0.65%	0.31%
PHM	C	0.99%	1.05%	0.99%
R	B	0.25%	0.28%	0.25%
RHI	C	0.3%	0.26%	0.26%
RL	B	0.34%	0.33%	0.33%
RS	B	0.7%	0.97%	0.7%
STLD	B	0.76%	1.41%	0.76%
SYY	C	0.86%	0.45%	0.45%
TOL	A	0.39%	0.31%	0.31%
TPR	A	0.6%	0.09%	0.09%

FLQM Overweight 168 Positions Relative to DVAL

Symbol	Grade	Weight
FICO	B	1.62%
GRMN	A	1.17%
GWW	A	1.16%
FAST	B	1.14%
IT	C	1.14%
EA	C	1.13%
ODFL	B	1.12%
SYF	A	1.11%
DAL	B	1.1%
AVB	B	1.09%
ALL	B	1.09%
MSCI	C	1.09%
PAYX	B	1.08%
RMD	C	1.06%
HIG	B	1.05%
TPL	B	1.04%
KR	A	1.02%
DHI	D	1.0%
DOV	A	1.0%
LNG	B	0.96%
HPQ	B	0.94%
WAT	B	0.94%
HPE	B	0.93%
OTIS	C	0.93%
NTAP	C	0.91%
CINF	A	0.9%
DECK	A	0.89%
CHD	B	0.89%
GDDY	B	0.89%
TSCO	C	0.89%
YUM	B	0.89%
AWK	D	0.86%
BAH	F	0.85%
BBY	D	0.85%
LII	A	0.84%
CMI	A	0.84%
RF	B	0.83%
WSM	B	0.82%
MTD	F	0.77%
CLX	C	0.77%
IDXX	F	0.77%
SNA	A	0.76%
MANH	C	0.76%
COR	C	0.75%
TROW	A	0.74%
CDW	F	0.73%
DVN	F	0.72%
ULTA	F	0.7%
VRSK	A	0.69%
WSO	A	0.67%
VRSN	F	0.67%
GPC	D	0.65%
AVY	D	0.62%
UTHR	C	0.62%
RPM	A	0.61%
ACGL	D	0.61%
INCY	C	0.61%
MAS	C	0.59%
THC	D	0.59%
EG	C	0.58%
VTRS	B	0.57%
GEN	A	0.57%
ROL	B	0.55%
TER	F	0.54%
UAL	B	0.54%
GGG	B	0.53%
CASY	B	0.52%
NBIX	C	0.52%
HSY	F	0.52%
TXRH	A	0.51%
POOL	C	0.5%
FFIV	A	0.5%
NDSN	B	0.49%
EHC	B	0.49%
VLTO	C	0.49%
UNM	A	0.48%
UHS	D	0.48%
ALSN	B	0.47%
CHRW	C	0.47%
OVV	C	0.46%
BJ	B	0.46%
LECO	C	0.46%
CW	B	0.46%
ALLE	D	0.45%
CPT	B	0.44%
JNPR	F	0.42%
ELS	C	0.42%
GL	C	0.42%
SAIA	C	0.42%
RPRX	D	0.4%
PAYC	A	0.4%
TPX	A	0.38%
SEIC	A	0.37%
HRB	D	0.37%
BXP	D	0.37%
LDOS	D	0.37%
K	A	0.37%
DCI	A	0.36%
LKQ	D	0.36%
ACI	C	0.36%
DOX	D	0.35%
ALLY	C	0.35%
LW	C	0.35%
KNSL	B	0.34%
TTC	D	0.3%
DG	F	0.3%
SKX	D	0.3%
WING	F	0.29%
G	B	0.29%
CHE	D	0.28%
APA	F	0.28%
NNN	D	0.28%
PB	B	0.27%
CACI	D	0.27%
BBWI	C	0.26%
VNT	C	0.24%
EGP	D	0.24%
WPC	D	0.23%
DINO	F	0.23%
LSTR	B	0.23%
VFC	C	0.23%
JHG	A	0.21%
NFG	B	0.2%
STAG	D	0.2%
SEE	C	0.2%
CROX	F	0.19%
LAMR	C	0.19%
WU	D	0.19%
SON	D	0.18%
DTM	B	0.18%
FLO	C	0.18%
WBA	D	0.17%
OGN	F	0.17%
CRUS	F	0.17%
AGO	A	0.17%
AYI	B	0.17%
MSM	C	0.17%
M	D	0.17%
CHH	A	0.16%
CHRD	F	0.16%
DLB	B	0.16%
SOLV	C	0.16%
LOPE	B	0.15%
KRC	C	0.14%
HIW	D	0.14%
PII	F	0.14%
ACHC	F	0.13%
COLB	B	0.12%
AVT	C	0.12%
COLM	A	0.11%
MAN	D	0.11%
IVZ	B	0.11%
PAG	B	0.11%
AWI	B	0.11%
JWN	A	0.1%
CIVI	D	0.1%
APPF	B	0.09%
CUZ	B	0.08%
CRI	F	0.08%
KSS	F	0.07%
GAP	C	0.07%
WEN	D	0.06%
SNDR	B	0.06%
CNA	B	0.04%
SIRI	C	0.03%
DDS	B	0.03%
CNXC	F	0.03%
PLTK	B	0.02%

FLQM Underweight 78 Positions Relative to DVAL

Symbol	Grade	Weight
LMT	D	-4.4%
CMCSA	C	-4.34%
IBM	C	-4.21%
DE	B	-3.88%
TMUS	A	-3.65%
HON	B	-3.53%
CSCO	A	-3.43%
GM	B	-3.32%
CAT	B	-3.17%
COP	D	-3.1%
MPC	F	-2.74%
PYPL	A	-2.36%
CVX	B	-2.2%
JNJ	D	-1.56%
AXP	A	-1.5%
WMT	B	-1.37%
MMM	D	-1.33%
WMB	B	-1.32%
VLO	C	-1.26%
PCAR	B	-1.2%
NUE	D	-1.15%
CSL	B	-1.06%
KHC	D	-0.98%
PG	A	-0.96%
GIS	D	-0.95%
SCI	A	-0.93%
OC	B	-0.9%
NRG	C	-0.77%
MGM	F	-0.76%
CRBG	B	-0.74%
PSX	C	-0.71%
WFC	A	-0.71%
BG	F	-0.7%
BMY	B	-0.68%
DRI	B	-0.67%
MLM	B	-0.66%
IPG	C	-0.65%
MRO	B	-0.64%
AMGN	D	-0.63%
CPAY	A	-0.6%
EQH	B	-0.6%
AFG	A	-0.58%
EOG	C	-0.53%
BERY	B	-0.52%
DIS	B	-0.52%
TXT	D	-0.5%
WH	A	-0.49%
EVR	B	-0.48%
ARMK	A	-0.47%
VZ	B	-0.43%
NXST	C	-0.42%
TRMB	B	-0.41%
FLEX	B	-0.4%
TRGP	B	-0.37%
MRK	F	-0.35%
KBH	C	-0.33%
SAIC	F	-0.31%
BCC	B	-0.26%
EMN	D	-0.23%
AOS	D	-0.23%
EXP	B	-0.22%
BLD	C	-0.2%
PVH	C	-0.19%
H	A	-0.18%
SNX	C	-0.18%
INGR	B	-0.17%
CBT	C	-0.17%
CNM	D	-0.17%
MDU	F	-0.14%
FMC	D	-0.13%
WEX	F	-0.13%
BYD	B	-0.13%
CHX	C	-0.1%
GPK	C	-0.1%
RDN	C	-0.08%
WSC	D	-0.04%
VOYA	B	-0.04%
WCC	B	-0.0%