FLQS vs. FYT ETF Comparison

Comparison of Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) to First Trust Small Cap Value AlphaDEX Fund (FYT)

FLQS

Franklin LibertyQ U.S. Small Cap Equity ETF

FLQS Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Small Cap Equity Index (the U.S. Small Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Small Cap underlying index. The U.S. Small Cap underlying index is based on the Russell 2000® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$45.16

Average Daily Volume

3,213

Number of Holdings ^*

463

* may have additional holdings in another (foreign) market

FYT

First Trust Small Cap Value AlphaDEX Fund

FYT 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 Nasdaq AlphaDEX® Small Cap Value Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is designed to select value stocks from the NASDAQ US 700 Small Cap Index (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.

Grade (RS Rating)

Last Trade

$59.55

Average Daily Volume

10,617

Number of Holdings ^*

256

* may have additional holdings in another (foreign) market

Performance

Period	FLQS	FYT
30 Days	8.75%	9.77%
60 Days	7.73%	7.74%
90 Days	8.58%	6.59%
12 Months	29.71%	25.70%

79 Overlapping Holdings

Symbol	Grade	Weight in FLQS	Weight in FYT	Overlap
ALG	B	0.26%	0.39%	0.26%
AMN	F	0.15%	0.29%	0.15%
ASB	B	0.5%	0.3%	0.3%
AVA	A	0.38%	0.61%	0.38%
BHE	B	0.11%	0.26%	0.11%
BKE	B	0.24%	0.39%	0.24%
BLMN	F	0.19%	0.09%	0.09%
BNL	D	0.4%	0.44%	0.4%
BTU	B	0.37%	0.62%	0.37%
BV	B	0.05%	0.49%	0.05%
CAL	D	0.15%	0.56%	0.15%
CENTA	C	0.23%	0.5%	0.23%
CMTG	F	0.04%	0.1%	0.04%
CNMD	C	0.29%	0.12%	0.12%
CNXN	C	0.11%	0.11%	0.11%
CRGY	B	0.12%	0.66%	0.12%
CSGS	B	0.25%	0.28%	0.25%
CVBF	A	0.34%	0.46%	0.34%
CVI	F	0.07%	0.5%	0.07%
DFIN	D	0.19%	0.23%	0.19%
EPC	D	0.21%	0.59%	0.21%
FOR	F	0.06%	0.55%	0.06%
GEF	A	0.05%	0.69%	0.05%
GEF	A	0.23%	0.69%	0.23%
GEO	B	0.4%	0.53%	0.4%
GIC	D	0.06%	0.1%	0.06%
GIII	D	0.16%	0.58%	0.16%
GNW	A	0.41%	0.13%	0.13%
GPOR	B	0.23%	0.71%	0.23%
HELE	C	0.19%	0.67%	0.19%
HOPE	B	0.18%	0.39%	0.18%
HY	D	0.06%	0.42%	0.06%
IMKTA	C	0.15%	0.57%	0.15%
INVA	D	0.15%	0.61%	0.15%
IOSP	B	0.39%	0.26%	0.26%
KFRC	D	0.19%	0.11%	0.11%
LCII	C	0.35%	0.24%	0.24%
LILAK	D	0.06%	0.36%	0.06%
LZB	B	0.27%	0.49%	0.27%
MCRI	A	0.16%	0.38%	0.16%
MCW	B	0.05%	0.14%	0.05%
MLKN	D	0.23%	0.47%	0.23%
MRTN	C	0.13%	0.34%	0.13%
NBTB	B	0.29%	0.13%	0.13%
NVEE	F	0.17%	0.11%	0.11%
NWBI	B	0.23%	0.27%	0.23%
NWE	B	0.44%	0.48%	0.44%
NWN	A	0.2%	0.51%	0.2%
ODP	F	0.13%	0.21%	0.13%
OXM	D	0.18%	0.1%	0.1%
PATK	D	0.35%	0.23%	0.23%
PBH	A	0.56%	0.28%	0.28%
PDCO	D	0.27%	0.45%	0.27%
PEBO	A	0.15%	0.57%	0.15%
PFBC	B	0.14%	0.42%	0.14%
PGRE	F	0.06%	0.12%	0.06%
PLUS	F	0.3%	0.1%	0.1%
PRDO	B	0.31%	0.59%	0.31%
PSMT	C	0.31%	0.24%	0.24%
REZI	A	0.27%	0.65%	0.27%
ROIC	A	0.24%	0.13%	0.13%
SAH	A	0.13%	0.52%	0.13%
SBH	C	0.24%	0.48%	0.24%
SCVL	F	0.08%	0.28%	0.08%
SHOO	D	0.47%	0.1%	0.1%
SJW	D	0.22%	0.34%	0.22%
SRCE	B	0.16%	0.39%	0.16%
SSTK	F	0.1%	0.31%	0.1%
TDS	B	0.45%	0.67%	0.45%
TGNA	B	0.45%	0.71%	0.45%
ULH	B	0.05%	0.68%	0.05%
UNF	B	0.34%	0.35%	0.34%
UPBD	B	0.26%	0.12%	0.12%
UPWK	B	0.12%	0.17%	0.12%
UVV	B	0.19%	0.64%	0.19%
VSH	D	0.23%	0.49%	0.23%
WERN	C	0.41%	0.37%	0.37%
WMK	C	0.18%	0.5%	0.18%
XPEL	C	0.13%	0.12%	0.12%

FLQS Overweight 384 Positions Relative to FYT

Symbol	Grade	Weight
SFM	A	1.67%
MLI	C	1.32%
AIT	A	1.3%
CVLT	B	1.2%
JXN	C	1.0%
UFPI	B	0.99%
BMI	B	0.9%
SPSC	C	0.87%
KTB	B	0.84%
CSWI	A	0.83%
CMC	B	0.83%
ESNT	D	0.8%
WTS	B	0.8%
QLYS	C	0.79%
ANF	C	0.78%
RMBS	C	0.75%
MOG.A	B	0.74%
BCC	B	0.73%
GPI	A	0.73%
MMSI	B	0.71%
EXPO	D	0.71%
FELE	B	0.69%
IBP	D	0.69%
SWX	B	0.68%
ALKS	B	0.67%
MATX	C	0.66%
SIGI	C	0.65%
HOMB	A	0.65%
KFY	B	0.64%
LRN	A	0.64%
KAI	A	0.63%
CORT	B	0.62%
BOX	B	0.62%
GMS	B	0.61%
CEIX	A	0.6%
MGY	A	0.59%
WDFC	B	0.58%
BCO	D	0.58%
SIG	B	0.58%
FTDR	A	0.57%
NSIT	F	0.56%
PNM	F	0.56%
BDC	B	0.56%
SKT	B	0.55%
IDCC	A	0.55%
CALM	A	0.54%
CTRE	D	0.54%
CRC	B	0.54%
MGEE	C	0.49%
RUSHA	C	0.48%
ESE	B	0.48%
WK	B	0.47%
MWA	B	0.46%
BLKB	B	0.46%
LANC	C	0.45%
MHO	D	0.45%
NOG	A	0.45%
ASO	F	0.45%
BXMT	C	0.44%
AWR	B	0.44%
HCC	B	0.44%
SR	A	0.43%
ATKR	C	0.42%
PLXS	B	0.42%
CRVL	A	0.42%
ATGE	B	0.42%
AEO	F	0.42%
SXT	B	0.42%
NMIH	D	0.4%
CAKE	C	0.4%
ACIW	B	0.39%
OTTR	C	0.39%
HNI	B	0.39%
CWT	D	0.39%
EPRT	B	0.38%
PRGS	A	0.38%
VRNS	D	0.37%
HIMS	B	0.37%
IPAR	B	0.37%
ARCH	B	0.37%
SLVM	B	0.36%
YELP	C	0.36%
ICFI	F	0.36%
IIPR	D	0.36%
NARI	C	0.36%
MGRC	B	0.36%
NSP	D	0.35%
GOLF	B	0.35%
CARG	C	0.35%
FCPT	C	0.35%
FSS	B	0.35%
AROC	B	0.35%
PBF	D	0.34%
OSIS	B	0.33%
AMR	C	0.33%
TNET	D	0.33%
CPRX	C	0.32%
STRA	C	0.31%
SXI	B	0.31%
JJSF	B	0.3%
STNG	F	0.3%
ENVA	B	0.3%
CNO	A	0.29%
PRIM	A	0.28%
VCTR	B	0.27%
HI	C	0.27%
ACAD	D	0.27%
LMAT	A	0.27%
ACLS	F	0.27%
ENR	B	0.26%
EXTR	B	0.26%
MCY	A	0.25%
FL	F	0.24%
UFPT	B	0.24%
PJT	A	0.24%
IESC	B	0.24%
OPCH	D	0.24%
TNC	D	0.24%
HEES	B	0.23%
HWKN	B	0.23%
DORM	B	0.23%
WWW	B	0.22%
NHC	C	0.22%
CHCO	B	0.22%
ATRC	C	0.21%
CMPR	D	0.21%
PZZA	D	0.21%
HURN	B	0.2%
LTC	B	0.2%
CALX	D	0.2%
APAM	B	0.2%
RVLV	B	0.19%
ATEN	B	0.19%
INSW	F	0.19%
SONO	C	0.19%
CBRL	C	0.19%
GFF	A	0.19%
NSSC	D	0.18%
INMD	C	0.18%
APOG	B	0.18%
PRK	B	0.18%
MD	B	0.18%
VCEL	B	0.18%
SCS	C	0.17%
EPAC	B	0.17%
SFL	D	0.17%
AAT	B	0.17%
GABC	B	0.17%
YOU	D	0.17%
NTCT	C	0.17%
FIZZ	C	0.17%
AGYS	A	0.17%
HLIT	D	0.16%
CRAI	B	0.16%
UNFI	A	0.15%
BBSI	B	0.15%
HSII	B	0.15%
ACT	D	0.15%
PDM	D	0.15%
DLX	B	0.15%
MDXG	B	0.14%
OCFC	B	0.14%
BRKL	B	0.14%
DXPE	B	0.13%
SYBT	B	0.13%
TMP	B	0.13%
SXC	A	0.13%
EMBC	C	0.13%
UTL	B	0.12%
MNRO	D	0.12%
CWH	B	0.12%
BLX	C	0.12%
PRO	C	0.11%
IDT	B	0.11%
ETD	C	0.11%
GRC	A	0.11%
FWRD	D	0.11%
HCKT	B	0.11%
IMXI	B	0.11%
HRMY	D	0.11%
FIGS	F	0.1%
AESI	B	0.1%
TILE	B	0.1%
YEXT	A	0.1%
DHT	F	0.1%
MLR	B	0.1%
SPTN	D	0.1%
SPNS	F	0.1%
JBSS	D	0.1%
EGBN	B	0.1%
SMP	B	0.1%
REVG	B	0.1%
UTI	A	0.1%
JACK	D	0.1%
HTLD	B	0.09%
TRST	A	0.09%
RGR	F	0.09%
OSPN	A	0.09%
CMRE	C	0.09%
THR	B	0.09%
ELME	D	0.09%
ZIP	F	0.09%
WNC	C	0.09%
GOGL	F	0.09%
TRTX	B	0.08%
KREF	D	0.08%
SWBI	C	0.08%
LQDT	B	0.08%
MATW	C	0.08%
RYI	C	0.08%
SCHL	D	0.08%
EBF	F	0.08%
USNA	C	0.07%
VITL	D	0.07%
NRDS	C	0.07%
TPB	B	0.07%
WRLD	C	0.07%
NFBK	B	0.07%
PTLO	F	0.07%
CASS	B	0.07%
SMBC	B	0.07%
EGY	D	0.07%
YORW	D	0.07%
IRWD	F	0.07%
BBW	B	0.07%
ACCO	C	0.07%
PAHC	C	0.07%
AORT	B	0.07%
MYE	F	0.06%
FFIC	B	0.06%
LOVE	B	0.06%
HVT	D	0.06%
CPF	A	0.06%
CYH	F	0.06%
LPG	F	0.06%
KELYA	F	0.06%
ASC	F	0.06%
FC	F	0.06%
BDN	C	0.06%
FMNB	B	0.06%
CCSI	C	0.06%
IRMD	C	0.06%
AXGN	D	0.06%
RUSHB	B	0.06%
LYTS	B	0.06%
NUS	D	0.06%
COLL	F	0.06%
UHT	D	0.06%
CHCT	C	0.06%
BMRC	B	0.05%
MCFT	B	0.05%
MOV	C	0.05%
HTBK	A	0.05%
NGVC	A	0.05%
RMR	F	0.05%
GCO	B	0.05%
NVEC	C	0.05%
NPK	B	0.05%
LXFR	C	0.05%
VLGEA	B	0.05%
FBIZ	B	0.05%
TCMD	A	0.05%
OOMA	B	0.05%
CCRN	F	0.05%
DJCO	B	0.05%
CENT	C	0.05%
LINC	B	0.05%
BASE	C	0.05%
FCBC	B	0.05%
SRDX	B	0.05%
CFB	B	0.05%
ENFN	A	0.05%
SEMR	B	0.04%
RM	D	0.04%
PKST	D	0.04%
SB	F	0.04%
MITK	C	0.04%
METC	C	0.04%
AMCX	C	0.04%
HBCP	B	0.04%
ORGO	B	0.04%
VNDA	C	0.04%
SPOK	C	0.04%
GNTY	A	0.04%
TITN	C	0.04%
NAT	F	0.04%
ODC	C	0.04%
TMCI	D	0.04%
PLPC	B	0.04%
FLIC	B	0.04%
NECB	B	0.04%
REPX	A	0.04%
SIGA	F	0.04%
LGTY	D	0.04%
RGP	F	0.04%
PFIS	A	0.04%
NRC	F	0.04%
CDXC	B	0.03%
KRT	A	0.03%
YMAB	F	0.03%
FLWS	F	0.03%
TTSH	D	0.03%
KRNY	B	0.03%
OFLX	D	0.03%
PFMT	D	0.03%
MED	F	0.03%
ALX	D	0.03%
OLP	B	0.03%
TH	C	0.03%
IMMR	C	0.03%
CMPO	A	0.03%
LILA	D	0.03%
NATH	C	0.03%
EVER	F	0.03%
GCMG	B	0.03%
PBPB	C	0.03%
BWMN	C	0.03%
PKBK	A	0.03%
SMLR	B	0.03%
RMAX	C	0.03%
IBTA	C	0.03%
VPG	D	0.03%
WEYS	C	0.03%
RLGT	A	0.03%
GRNT	B	0.03%
GPMT	C	0.02%
NREF	A	0.02%
RMNI	C	0.02%
BTMD	C	0.02%
SGC	C	0.02%
III	C	0.02%
ESCA	C	0.02%
REFI	A	0.02%
SNBR	F	0.02%
FLXS	B	0.02%
MYPS	C	0.02%
RCKY	F	0.02%
APEI	B	0.02%
GWRS	B	0.02%
INFU	B	0.02%
AVNW	F	0.02%
RELL	B	0.02%
JYNT	C	0.02%
JOUT	D	0.02%
DXLG	F	0.02%
CHMG	B	0.02%
CZNC	B	0.02%
HOFT	C	0.02%
ESSA	B	0.02%
DBI	F	0.02%
ZYXI	D	0.02%
EPM	A	0.02%
IBEX	B	0.02%
CIO	D	0.02%
MG	D	0.02%
REAL	A	0.02%
NATR	C	0.02%
JAKK	C	0.02%
LCUT	F	0.01%
CURV	D	0.01%
MAPS	C	0.01%
FENC	D	0.01%
CIX	D	0.01%
NTIC	C	0.01%
PBYI	C	0.01%
METCB	D	0.01%
LWAY	D	0.01%
STKS	F	0.01%
HBIO	F	0.01%
NL	B	0.01%
QIPT	F	0.01%
SEVN	D	0.01%
CPSS	B	0.01%
VIRC	B	0.01%
CMT	D	0.01%
HBB	F	0.01%
MPX	B	0.01%
FORR	D	0.01%
BSVN	B	0.01%
EGAN	C	0.01%
VRA	F	0.01%
FSTR	B	0.01%
GAMB	A	0.01%
JILL	C	0.01%

FLQS Underweight 178 Positions Relative to FYT

Symbol	Grade	Weight
CXW	B	-1.05%
RIOT	C	-1.01%
GBX	A	-0.78%
VTLE	C	-0.75%
BMBL	C	-0.75%
CTOS	C	-0.74%
BFH	B	-0.74%
JBT	B	-0.74%
CUBI	C	-0.72%
ECVT	C	-0.72%
CABO	C	-0.71%
DNOW	B	-0.7%
PINC	B	-0.69%
TALO	C	-0.68%
HTZ	C	-0.68%
KMT	B	-0.67%
EIG	B	-0.67%
SPNT	A	-0.66%
RLJ	C	-0.65%
WS	B	-0.64%
APLE	B	-0.64%
GT	C	-0.63%
PK	B	-0.62%
IART	C	-0.62%
VAC	B	-0.61%
KOS	F	-0.6%
SHO	C	-0.6%
PLAB	C	-0.6%
PARR	D	-0.6%
INDB	B	-0.59%
RES	D	-0.58%
TRMK	B	-0.58%
PHIN	A	-0.57%
VC	D	-0.57%
ZD	C	-0.57%
BY	B	-0.57%
USM	B	-0.57%
WKC	D	-0.56%
FFBC	A	-0.56%
EBC	B	-0.55%
GHC	C	-0.54%
MRC	B	-0.53%
CCS	D	-0.52%
HOV	D	-0.52%
SEB	F	-0.52%
DRH	B	-0.51%
VSCO	B	-0.51%
DBRG	F	-0.51%
GES	F	-0.5%
EQC	B	-0.5%
AMWD	C	-0.5%
SCSC	B	-0.5%
OEC	C	-0.49%
CRK	B	-0.49%
CMCO	B	-0.49%
LADR	B	-0.49%
KSS	F	-0.48%
PRG	C	-0.48%
HIW	D	-0.47%
NAVI	C	-0.47%
ANDE	D	-0.47%
ABR	C	-0.46%
CASH	A	-0.44%
BANR	B	-0.44%
VSTS	C	-0.44%
PLYA	B	-0.44%
WSBC	A	-0.43%
CATY	B	-0.43%
EFSC	B	-0.42%
ADNT	F	-0.42%
FRME	B	-0.42%
FULT	A	-0.42%
SASR	B	-0.42%
RNST	B	-0.41%
SFNC	B	-0.41%
VRTS	B	-0.41%
BKU	A	-0.41%
WSFS	A	-0.41%
PTVE	B	-0.41%
LAUR	A	-0.41%
FIBK	A	-0.4%
TCBK	B	-0.4%
SNDR	B	-0.4%
XRX	F	-0.4%
VBTX	B	-0.4%
HUBG	A	-0.4%
KALU	C	-0.4%
NX	C	-0.39%
FCF	A	-0.39%
MODG	F	-0.37%
BUSE	B	-0.37%
DAN	D	-0.37%
ARCB	C	-0.36%
WGO	C	-0.36%
IPGP	D	-0.36%
KLG	C	-0.36%
XHR	B	-0.36%
SPB	C	-0.34%
PEB	D	-0.34%
LC	A	-0.33%
TTMI	B	-0.32%
SNEX	B	-0.31%
LGIH	D	-0.31%
GRBK	D	-0.3%
HMN	B	-0.29%
VSAT	F	-0.29%
KAR	B	-0.29%
FHB	A	-0.29%
HLF	C	-0.29%
OMI	F	-0.28%
FHI	A	-0.28%
CAR	C	-0.28%
DFH	D	-0.28%
NIC	B	-0.28%
CRI	D	-0.28%
GOGO	C	-0.27%
FBNC	A	-0.27%
SBCF	A	-0.27%
MTX	B	-0.26%
ENOV	C	-0.26%
GO	C	-0.26%
ABM	B	-0.26%
TOWN	B	-0.26%
STBA	B	-0.25%
CXT	B	-0.25%
ALEX	C	-0.25%
LNN	B	-0.25%
WAFD	B	-0.25%
DK	C	-0.24%
OFG	B	-0.24%
HTH	B	-0.24%
SCL	C	-0.24%
KWR	C	-0.24%
ROCK	C	-0.24%
ARI	C	-0.24%
SYNA	C	-0.23%
SHEN	F	-0.22%
THRM	D	-0.22%
DEA	D	-0.22%
YETI	C	-0.22%
ROG	D	-0.22%
FOXF	F	-0.19%
AVNS	F	-0.18%
MYRG	B	-0.17%
PFS	B	-0.14%
MGPI	F	-0.14%
FDP	B	-0.14%
FBK	B	-0.14%
CBU	B	-0.14%
TCBI	B	-0.14%
AIR	B	-0.13%
HLIO	B	-0.13%
DEI	B	-0.13%
SAM	C	-0.13%
IVT	B	-0.13%
PPBI	B	-0.13%
BHF	B	-0.13%
CVCO	A	-0.13%
BHLB	B	-0.13%
MSGE	F	-0.12%
OI	C	-0.12%
STC	B	-0.12%
MTRN	C	-0.12%
MSEX	B	-0.12%
SAFT	C	-0.12%
HAYW	B	-0.12%
EVTC	B	-0.12%
JBGS	D	-0.11%
CWEN	C	-0.11%
LXP	D	-0.11%
NNI	D	-0.11%
AIN	C	-0.11%
RC	D	-0.11%
CC	C	-0.11%
NMRK	B	-0.11%
SHLS	F	-0.1%
GPRE	F	-0.1%
OLPX	D	-0.09%