FLQM vs. FPX ETF Comparison

Comparison of Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) to First Trust IPOX-100 Index Fund (FPX)

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

$50.84

Average Daily Volume

107,023

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

FPX

First Trust IPOX-100 Index Fund

FPX Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the IPOX(R)-100 U.S. Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified, value-weighted price index measuring the performance of the top U.S. companies ranked quarterly by market capitalization in the IPOX(R) Global Composite Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$99.97

Average Daily Volume

15,269

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLQM	FPX
30 Days	-0.99%	0.60%
60 Days	0.35%	-1.62%
90 Days	-2.13%	-1.79%
12 Months	14.40%	13.01%

8 Overlapping Holdings

Symbol	Grade	Weight in FLQM	Weight in FPX	Overlap
CHK	C	0.47%	0.75%	0.47%
ESAB	D	0.17%	0.57%	0.17%
HPE	C	0.93%	1.08%	0.93%
OGN	C	0.22%	0.21%	0.21%
OTIS	B	0.99%	3.46%	0.99%
THC	B	0.47%	0.54%	0.47%
UTHR	B	0.53%	0.56%	0.53%
VNT	D	0.25%	0.52%	0.25%

FLQM Overweight 190 Positions Relative to FPX

Symbol	Grade	Weight
TT	B	1.3%
NTAP	A	1.25%
MPWR	A	1.24%
FICO	A	1.19%
FANG	A	1.14%
CTAS	B	1.13%
TSCO	D	1.12%
DFS	A	1.05%
ALL	D	1.03%
GRMN	C	1.03%
GWW	C	1.01%
BAH	B	1.01%
MTD	C	0.99%
AVB	B	0.98%
HPQ	C	0.98%
DHI	D	0.98%
KR	C	0.98%
HIG	C	0.97%
DOV	D	0.97%
PSX	D	0.95%
FAST	F	0.94%
CDW	D	0.94%
WSM	D	0.94%
IDXX	D	0.93%
YUM	D	0.93%
DECK	C	0.92%
DVN	C	0.92%
IT	C	0.9%
EXR	B	0.89%
EA	B	0.89%
PCAR	D	0.87%
CHD	D	0.86%
PHM	D	0.86%
LYB	D	0.86%
ED	D	0.85%
PAYX	D	0.85%
MSCI	C	0.82%
TER	A	0.81%
WAT	F	0.8%
SYF	B	0.8%
EXPD	B	0.8%
RMD	D	0.8%
NUE	D	0.8%
ODFL	D	0.79%
BBY	C	0.78%
STLD	D	0.77%
AWK	C	0.77%
ULTA	D	0.75%
BLDR	F	0.75%
VICI	D	0.73%
OMC	D	0.72%
AVY	D	0.72%
CTRA	D	0.71%
GPC	F	0.71%
LII	A	0.71%
CINF	B	0.69%
MANH	B	0.68%
RS	D	0.68%
TROW	C	0.68%
CLX	D	0.67%
VRSN	C	0.66%
HUBS	D	0.64%
DLTR	F	0.64%
WSO	B	0.63%
NVR	D	0.61%
SNA	F	0.6%
RF	B	0.6%
NBIX	C	0.58%
CF	F	0.58%
GDDY	A	0.57%
CPAY	D	0.56%
DKS	C	0.55%
ROL	A	0.54%
PKG	C	0.54%
IP	C	0.53%
TPL	B	0.52%
EG	D	0.52%
DAL	D	0.51%
MAS	D	0.51%
EBAY	B	0.51%
VST	C	0.51%
GGG	D	0.5%
RPM	D	0.49%
UHS	B	0.49%
NDSN	D	0.48%
CASY	B	0.48%
OVV	C	0.48%
LECO	F	0.47%
INCY	C	0.47%
POOL	F	0.46%
VTRS	F	0.46%
TPR	C	0.45%
BJ	B	0.44%
TXRH	C	0.42%
ALLY	B	0.42%
JNPR	B	0.42%
EHC	A	0.42%
CPT	B	0.41%
CHRW	C	0.41%
ALLE	D	0.4%
LKQ	F	0.39%
RPRX	F	0.38%
FFIV	D	0.37%
CW	B	0.36%
TTC	C	0.35%
DOX	D	0.35%
HRB	A	0.35%
SKX	C	0.35%
UNM	D	0.34%
ACI	F	0.34%
SAIA	B	0.34%
DCI	D	0.34%
LW	F	0.33%
WING	B	0.33%
JBL	F	0.33%
ELS	C	0.33%
GL	C	0.32%
BBWI	F	0.32%
SEIC	C	0.31%
SWN	C	0.31%
TPX	D	0.31%
RRC	C	0.31%
ALSN	C	0.3%
CHE	D	0.29%
HAS	D	0.29%
EME	D	0.28%
MUSA	C	0.28%
RL	C	0.28%
APA	D	0.28%
NNN	B	0.28%
MTG	B	0.27%
LSTR	B	0.26%
DINO	D	0.25%
BXP	B	0.25%
PAYC	F	0.25%
RHI	F	0.25%
AMG	D	0.24%
CROX	C	0.24%
KNSL	F	0.23%
WU	D	0.23%
ORI	C	0.23%
QGEN	D	0.23%
ACHC	F	0.23%
EGP	B	0.21%
FAF	D	0.21%
AM	B	0.21%
SEE	D	0.21%
M	D	0.21%
AN	C	0.21%
SON	F	0.2%
TOL	D	0.2%
R	B	0.2%
BC	F	0.19%
FLO	D	0.19%
DLB	D	0.19%
PB	C	0.19%
THG	C	0.19%
CRUS	A	0.18%
AAP	F	0.18%
PII	F	0.18%
OMF	C	0.17%
JHG	A	0.17%
MSM	F	0.17%
G	D	0.17%
STAG	B	0.17%
NFG	C	0.17%
VFC	C	0.16%
WBA	F	0.15%
CACI	B	0.15%
AGO	B	0.14%
CHH	C	0.14%
DVA	C	0.13%
PAG	D	0.13%
MAN	D	0.13%
LOPE	C	0.11%
COLM	D	0.11%
HIW	B	0.11%
CRI	F	0.1%
KRC	D	0.09%
KSS	F	0.09%
JWN	B	0.09%
CACC	B	0.08%
AVT	D	0.08%
NEU	D	0.08%
SNDR	B	0.06%
VSCO	F	0.06%
CNA	B	0.04%
IART	C	0.03%
PLTK	F	0.02%
MCW	F	0.01%

FLQM Underweight 81 Positions Relative to FPX

Symbol	Grade	Weight
REGN	B	-9.18%
CARR	B	-6.78%
ABNB	B	-6.19%
IOT	C	-4.63%
CEG	C	-3.2%
CRWD	A	-2.8%
PLTR	B	-2.78%
DASH	D	-2.69%
VRT	C	-2.58%
DKNG	F	-2.58%
KVUE	F	-2.1%
GEV	C	-1.92%
DUOL	F	-1.78%
COIN	D	-1.53%
CNM	D	-1.47%
HQY	B	-1.45%
GEHC	D	-1.43%
CRBG	C	-1.41%
SNOW	D	-1.33%
CR	B	-1.31%
HOOD	B	-1.18%
RKT	C	-1.09%
APP	A	-1.08%
OWL	D	-1.01%
VLTO	D	-0.96%
AZEK	D	-0.96%
NET	B	-0.94%
VERX	B	-0.88%
PCVX	B	-0.85%
DTM	B	-0.82%
RDDT	A	-0.82%
CRDO	B	-0.81%
RBLX	B	-0.8%
NSIT	B	-0.76%
RYAN	C	-0.75%
KD	B	-0.71%
MKSI	B	-0.69%
JXN	B	-0.66%
NRG	C	-0.65%
TPG	D	-0.61%
BSY	D	-0.55%
EDR	A	-0.55%
FNF	D	-0.53%
PR	C	-0.49%
GKOS	A	-0.47%
KNF	D	-0.47%
COHR	A	-0.43%
COOP	C	-0.42%
TOST	C	-0.42%
LNW	B	-0.38%
INFA	B	-0.37%
PSN	B	-0.35%
BROS	B	-0.3%
ELAN	F	-0.28%
CIVI	D	-0.27%
KNTK	A	-0.25%
RVMD	D	-0.25%
FOUR	B	-0.25%
ETRN	D	-0.23%
RBRK	D	-0.22%
NUVL	C	-0.2%
STEP	A	-0.2%
AMK	B	-0.2%
DOCS	C	-0.2%
ACT	B	-0.19%
TMDX	B	-0.19%
VRRM	B	-0.18%
OSCR	D	-0.17%
HIMS	C	-0.17%
DYN	C	-0.14%
SGBX	F	-0.13%
NPAB	C	-0.12%
ACVA	D	-0.12%
PRCT	C	-0.12%
ACLX	B	-0.11%
HAYW	F	-0.1%
RXST	D	-0.09%
ARHS	C	-0.09%
PHIN	C	-0.07%
KYMR	D	-0.07%
KROS	F	-0.06%