FLQM vs. NANR ETF Comparison

Comparison of Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) to SPDR S&P North American Natural Resources ETF (NANR)

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

$58.02

Average Daily Volume

151,405

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

NANR

SPDR S&P North American Natural Resources ETF

NANR Description

The investment seeks to track the performance of the S&P BMI North American Natural Resources Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index comprises publicly traded large- and mid-capitalization U.S. and Canadian companies in the natural resources and commodities businesses that meet certain investability requirements and are classified within the sub-industries of one of three natural resources categories: energy, materials or agriculture. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$58.31

Average Daily Volume

15,946

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

Performance

Period	FLQM	NANR
30 Days	5.47%	1.83%
60 Days	5.07%	3.28%
90 Days	5.99%	3.57%
12 Months	31.70%	18.81%

14 Overlapping Holdings

Symbol	Grade	Weight in FLQM	Weight in NANR	Overlap
APA	D	0.28%	0.21%	0.21%
AVY	D	0.62%	0.97%	0.62%
CF	B	0.61%	0.97%	0.61%
CHRD	D	0.16%	0.21%	0.16%
CIVI	D	0.1%	0.12%	0.1%
DINO	D	0.23%	0.16%	0.16%
DVN	F	0.72%	0.62%	0.62%
FANG	D	0.84%	0.83%	0.83%
OVV	B	0.46%	0.28%	0.28%
RS	B	0.7%	1.24%	0.7%
SEE	C	0.2%	0.31%	0.2%
SON	D	0.18%	0.3%	0.18%
STLD	B	0.76%	1.45%	0.76%
TPL	A	1.04%	0.66%	0.66%

FLQM Overweight 186 Positions Relative to NANR

Symbol	Grade	Weight
FICO	B	1.62%
GRMN	B	1.17%
GWW	B	1.16%
FAST	B	1.14%
IT	C	1.14%
EA	A	1.13%
ODFL	B	1.12%
SYF	B	1.11%
DAL	C	1.1%
AVB	B	1.09%
ALL	A	1.09%
MSCI	C	1.09%
PAYX	C	1.08%
RMD	C	1.06%
HIG	B	1.05%
KR	B	1.02%
DHI	D	1.0%
DOV	A	1.0%
PHM	D	0.99%
LNG	B	0.96%
HPQ	B	0.94%
WAT	B	0.94%
HPE	B	0.93%
OTIS	C	0.93%
NTAP	C	0.91%
EBAY	D	0.91%
CINF	A	0.9%
DECK	A	0.89%
CHD	B	0.89%
GDDY	A	0.89%
TSCO	D	0.89%
YUM	B	0.89%
SYY	B	0.86%
AWK	D	0.86%
BAH	F	0.85%
BLDR	D	0.85%
BBY	D	0.85%
LII	A	0.84%
CMI	A	0.84%
RF	A	0.83%
WSM	B	0.82%
NVR	D	0.79%
MTD	D	0.77%
CLX	B	0.77%
OMC	C	0.77%
IDXX	F	0.77%
SNA	A	0.76%
MANH	D	0.76%
COR	B	0.75%
TROW	B	0.74%
CDW	F	0.73%
LYB	F	0.72%
ULTA	F	0.7%
VRSK	A	0.69%
WSO	A	0.67%
VRSN	F	0.67%
EXPD	D	0.67%
GPC	D	0.65%
UTHR	C	0.62%
RPM	A	0.61%
ACGL	D	0.61%
INCY	C	0.61%
TPR	B	0.6%
MAS	D	0.59%
THC	D	0.59%
EG	C	0.58%
VTRS	A	0.57%
GEN	B	0.57%
ROL	B	0.55%
TER	D	0.54%
UAL	A	0.54%
GGG	B	0.53%
CASY	A	0.52%
NBIX	C	0.52%
HSY	F	0.52%
TXRH	C	0.51%
POOL	C	0.5%
FFIV	B	0.5%
NDSN	B	0.49%
EHC	B	0.49%
VLTO	D	0.49%
UNM	A	0.48%
DKS	C	0.48%
UHS	D	0.48%
ALSN	B	0.47%
CHRW	C	0.47%
BJ	A	0.46%
LECO	B	0.46%
CW	B	0.46%
JBL	B	0.45%
ALLE	D	0.45%
CPT	B	0.44%
JNPR	F	0.42%
ELS	C	0.42%
GL	B	0.42%
SAIA	B	0.42%
RPRX	D	0.4%
PAYC	B	0.4%
TOL	B	0.39%
EXPE	B	0.38%
TPX	B	0.38%
SEIC	B	0.37%
HRB	D	0.37%
MUSA	A	0.37%
BXP	D	0.37%
LDOS	C	0.37%
K	A	0.37%
DCI	B	0.36%
LKQ	D	0.36%
ACI	C	0.36%
DOX	D	0.35%
ALLY	C	0.35%
LW	C	0.35%
RL	B	0.34%
KNSL	B	0.34%
MTG	C	0.32%
ORI	A	0.31%
RHI	B	0.3%
TTC	D	0.3%
DG	F	0.3%
SKX	D	0.3%
WING	D	0.29%
G	B	0.29%
CHE	D	0.28%
NNN	D	0.28%
PB	A	0.27%
CACI	D	0.27%
BBWI	D	0.26%
AMG	B	0.25%
R	B	0.25%
VNT	B	0.24%
EGP	F	0.24%
WPC	D	0.23%
LSTR	D	0.23%
VFC	C	0.23%
AM	A	0.22%
DVA	B	0.22%
JHG	A	0.21%
NFG	A	0.2%
AN	C	0.2%
STAG	F	0.2%
OMF	A	0.2%
BC	C	0.2%
CROX	D	0.19%
LAMR	D	0.19%
WU	D	0.19%
DTM	B	0.18%
FOXA	B	0.18%
FLO	D	0.18%
WBA	F	0.17%
OGN	D	0.17%
CRUS	D	0.17%
AGO	B	0.17%
AYI	B	0.17%
MSM	C	0.17%
M	D	0.17%
CHH	A	0.16%
DLB	B	0.16%
SOLV	C	0.16%
LOPE	B	0.15%
KRC	C	0.14%
HIW	D	0.14%
PII	D	0.14%
COKE	C	0.13%
ACHC	F	0.13%
COLB	A	0.12%
AVT	C	0.12%
COLM	B	0.11%
MAN	D	0.11%
IVZ	B	0.11%
PAG	B	0.11%
AWI	A	0.11%
NEU	C	0.11%
JWN	C	0.1%
APPF	B	0.09%
CUZ	B	0.08%
CRI	D	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 89 Positions Relative to NANR

Symbol	Grade	Weight
XOM	B	-10.3%
CVX	A	-7.01%
FCX	D	-4.37%
NEM	D	-3.41%
COP	C	-3.38%
NUE	C	-2.47%
CTVA	C	-2.42%
EOG	A	-2.0%
SW	A	-1.69%
ADM	D	-1.59%
SLB	C	-1.58%
MPC	D	-1.43%
PSX	C	-1.42%
WY	D	-1.38%
PKG	A	-1.3%
IP	B	-1.22%
VLO	C	-1.2%
BKR	B	-1.09%
HES	B	-1.03%
AMCR	D	-0.9%
OXY	D	-0.87%
BG	F	-0.79%
AA	B	-0.76%
HAL	C	-0.69%
EQT	B	-0.67%
RGLD	C	-0.67%
CRS	A	-0.62%
INGR	B	-0.56%
GPK	C	-0.53%
MOS	F	-0.51%
ATI	D	-0.49%
CTRA	B	-0.49%
CMC	B	-0.48%
LPX	B	-0.45%
MRO	B	-0.42%
FMC	D	-0.42%
DAR	C	-0.41%
CLF	F	-0.37%
WFG	D	-0.32%
FTI	A	-0.31%
RYN	D	-0.25%
AR	B	-0.24%
HCC	B	-0.24%
HL	D	-0.23%
RRC	B	-0.21%
AMR	C	-0.2%
PR	B	-0.2%
PCH	D	-0.2%
SMG	D	-0.19%
CDE	D	-0.18%
SLVM	B	-0.18%
MP	B	-0.17%
MTDR	B	-0.17%
NOV	C	-0.16%
MTRN	C	-0.16%
CNX	A	-0.15%
WFRD	D	-0.15%
MGY	A	-0.13%
SM	B	-0.13%
MUR	D	-0.12%
WHD	B	-0.11%
NOG	A	-0.1%
UEC	B	-0.09%
KALU	C	-0.09%
AROC	B	-0.09%
CRC	B	-0.09%
WS	B	-0.09%
VAL	D	-0.08%
RIG	D	-0.08%
CEIX	A	-0.08%
PBF	D	-0.08%
HP	B	-0.08%
PTEN	C	-0.07%
LBRT	D	-0.07%
OII	B	-0.07%
BTU	B	-0.07%
TDW	F	-0.06%
TALO	C	-0.05%
KOS	F	-0.05%
CRGY	B	-0.05%
HLX	B	-0.04%
GPOR	B	-0.04%
WKC	D	-0.04%
WTTR	B	-0.03%
DK	C	-0.03%
XPRO	F	-0.03%
AESI	B	-0.03%
PDS	C	-0.02%
PARR	D	-0.02%