FLQS vs. SMMV ETF Comparison

Comparison of Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) to iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV)

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

$44.51

Average Daily Volume

3,172

Number of Holdings ^*

463

* may have additional holdings in another (foreign) market

SMMV

iShares MSCI USA Small-Cap Min Vol Factor ETF

SMMV Description

iShares Edge MSCI Min Vol USA Small-Cap ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market.

Grade (RS Rating)

Last Trade

$43.55

Average Daily Volume

37,673

Number of Holdings ^*

289

* may have additional holdings in another (foreign) market

Performance

Period	FLQS	SMMV
30 Days	6.43%	5.88%
60 Days	6.42%	7.08%
90 Days	7.02%	8.51%
12 Months	27.84%	28.57%

96 Overlapping Holdings

Symbol	Grade	Weight in FLQS	Weight in SMMV	Overlap
ACAD	C	0.27%	0.05%	0.05%
ACT	C	0.15%	0.06%	0.06%
AESI	B	0.1%	0.05%	0.05%
ALKS	C	0.67%	0.71%	0.67%
ARCH	B	0.37%	0.16%	0.16%
ATEN	A	0.19%	0.18%	0.18%
ATGE	B	0.42%	0.14%	0.14%
AVA	A	0.38%	0.2%	0.2%
AWR	B	0.44%	0.19%	0.19%
BBSI	B	0.15%	0.08%	0.08%
BHE	C	0.11%	0.32%	0.11%
BLKB	B	0.46%	0.14%	0.14%
BOX	B	0.62%	0.07%	0.07%
BTU	B	0.37%	0.05%	0.05%
CALM	A	0.54%	0.72%	0.54%
CCRN	F	0.05%	0.06%	0.05%
CEIX	A	0.6%	0.08%	0.08%
CHCO	B	0.22%	0.11%	0.11%
CNXN	C	0.11%	0.16%	0.11%
COLL	F	0.06%	0.18%	0.06%
CORT	B	0.62%	0.3%	0.3%
CRAI	C	0.16%	0.25%	0.16%
CRVL	B	0.42%	0.09%	0.09%
CSWI	B	0.83%	0.45%	0.45%
CTRE	C	0.54%	0.65%	0.54%
CVLT	B	1.2%	1.12%	1.12%
CWT	C	0.39%	0.16%	0.16%
DJCO	B	0.05%	0.14%	0.05%
DORM	B	0.23%	0.08%	0.08%
EBF	F	0.08%	0.1%	0.08%
EPAC	C	0.17%	0.09%	0.09%
FC	F	0.06%	0.08%	0.06%
GEO	B	0.4%	0.09%	0.09%
GPOR	B	0.23%	0.3%	0.23%
HCC	B	0.44%	0.16%	0.16%
HCKT	B	0.11%	0.14%	0.11%
HURN	C	0.2%	0.42%	0.2%
HWKN	B	0.23%	0.28%	0.23%
ICFI	F	0.36%	0.15%	0.15%
IDCC	B	0.55%	0.31%	0.31%
IDT	B	0.11%	0.15%	0.11%
IMKTA	C	0.15%	0.19%	0.15%
IMXI	B	0.11%	0.06%	0.06%
INSW	F	0.19%	0.31%	0.19%
INVA	D	0.15%	0.21%	0.15%
IRMD	C	0.06%	0.05%	0.05%
IRWD	F	0.07%	0.09%	0.07%
JBSS	F	0.1%	0.14%	0.1%
JJSF	C	0.3%	0.47%	0.3%
KELYA	F	0.06%	0.08%	0.06%
LANC	C	0.45%	0.32%	0.32%
LMAT	A	0.27%	0.12%	0.12%
LQDT	B	0.08%	0.11%	0.08%
LRN	A	0.64%	0.7%	0.64%
LTC	B	0.2%	0.11%	0.11%
MATX	C	0.66%	0.08%	0.08%
MCY	A	0.25%	0.38%	0.25%
METC	C	0.04%	0.05%	0.04%
MGEE	B	0.49%	0.46%	0.46%
MGRC	B	0.36%	0.33%	0.33%
MITK	C	0.04%	0.03%	0.03%
NHC	C	0.22%	0.33%	0.22%
NPK	B	0.05%	0.08%	0.05%
NRC	F	0.04%	0.06%	0.04%
NSIT	F	0.56%	0.3%	0.3%
NTCT	C	0.17%	0.18%	0.17%
NWE	B	0.44%	0.64%	0.44%
OPCH	D	0.24%	0.19%	0.19%
OSIS	A	0.33%	0.07%	0.07%
PBF	D	0.34%	0.06%	0.06%
PBH	A	0.56%	0.77%	0.56%
PDCO	F	0.27%	0.3%	0.27%
PJT	A	0.24%	0.2%	0.2%
PLXS	B	0.42%	0.11%	0.11%
PRDO	B	0.31%	0.35%	0.31%
PRGS	A	0.38%	0.51%	0.38%
RGR	F	0.09%	0.13%	0.09%
RMR	F	0.05%	0.05%	0.05%
SCHL	F	0.08%	0.05%	0.05%
SFM	A	1.67%	1.07%	1.07%
SIGI	C	0.65%	1.14%	0.65%
SMP	C	0.1%	0.12%	0.1%
SPTN	D	0.1%	0.12%	0.1%
SR	A	0.43%	0.07%	0.07%
STRA	C	0.31%	0.08%	0.08%
SWBI	C	0.08%	0.04%	0.04%
SWX	B	0.68%	0.18%	0.18%
TGNA	B	0.45%	0.5%	0.45%
TH	C	0.03%	0.04%	0.03%
UNF	B	0.34%	0.33%	0.33%
UTI	B	0.1%	0.06%	0.06%
VITL	D	0.07%	0.08%	0.07%
WERN	C	0.41%	0.45%	0.41%
WMK	C	0.18%	0.16%	0.16%
YELP	C	0.36%	0.25%	0.25%
YORW	F	0.07%	0.09%	0.07%

FLQS Overweight 367 Positions Relative to SMMV

Symbol	Grade	Weight
MLI	B	1.32%
AIT	B	1.3%
JXN	C	1.0%
UFPI	C	0.99%
BMI	B	0.9%
SPSC	D	0.87%
KTB	B	0.84%
CMC	B	0.83%
ESNT	F	0.8%
WTS	B	0.8%
QLYS	B	0.79%
ANF	F	0.78%
RMBS	B	0.75%
MOG.A	B	0.74%
BCC	B	0.73%
GPI	B	0.73%
MMSI	A	0.71%
EXPO	D	0.71%
FELE	B	0.69%
IBP	D	0.69%
HOMB	A	0.65%
KFY	B	0.64%
KAI	B	0.63%
GMS	B	0.61%
MGY	A	0.59%
WDFC	B	0.58%
BCO	F	0.58%
SIG	B	0.58%
FTDR	B	0.57%
PNM	B	0.56%
BDC	C	0.56%
SKT	A	0.55%
CRC	A	0.54%
ASB	B	0.5%
RUSHA	C	0.48%
ESE	B	0.48%
WK	B	0.47%
SHOO	F	0.47%
MWA	B	0.46%
MHO	D	0.45%
TDS	B	0.45%
NOG	B	0.45%
ASO	F	0.45%
BXMT	C	0.44%
ATKR	D	0.42%
AEO	F	0.42%
SXT	C	0.42%
GNW	A	0.41%
NMIH	C	0.4%
CAKE	C	0.4%
BNL	D	0.4%
IOSP	C	0.39%
ACIW	B	0.39%
OTTR	C	0.39%
HNI	B	0.39%
EPRT	B	0.38%
VRNS	D	0.37%
HIMS	B	0.37%
IPAR	B	0.37%
SLVM	B	0.36%
IIPR	D	0.36%
NARI	C	0.36%
NSP	F	0.35%
GOLF	B	0.35%
PATK	C	0.35%
CARG	B	0.35%
LCII	C	0.35%
FCPT	C	0.35%
FSS	B	0.35%
AROC	A	0.35%
CVBF	A	0.34%
AMR	C	0.33%
TNET	F	0.33%
CPRX	C	0.32%
PSMT	D	0.31%
SXI	B	0.31%
STNG	F	0.3%
ENVA	B	0.3%
PLUS	F	0.3%
CNO	B	0.29%
CNMD	C	0.29%
NBTB	B	0.29%
PRIM	A	0.28%
VCTR	B	0.27%
HI	C	0.27%
REZI	A	0.27%
LZB	B	0.27%
ACLS	F	0.27%
ALG	B	0.26%
ENR	B	0.26%
EXTR	C	0.26%
UPBD	B	0.26%
CSGS	B	0.25%
FL	F	0.24%
UFPT	C	0.24%
SBH	C	0.24%
BKE	B	0.24%
IESC	C	0.24%
ROIC	A	0.24%
TNC	D	0.24%
MLKN	F	0.23%
NWBI	B	0.23%
HEES	C	0.23%
CENTA	C	0.23%
VSH	F	0.23%
GEF	A	0.23%
WWW	A	0.22%
SJW	F	0.22%
ATRC	C	0.21%
EPC	F	0.21%
CMPR	D	0.21%
PZZA	F	0.21%
NWN	A	0.2%
CALX	D	0.2%
APAM	B	0.2%
KFRC	D	0.19%
UVV	B	0.19%
RVLV	A	0.19%
HELE	C	0.19%
DFIN	D	0.19%
BLMN	F	0.19%
SONO	C	0.19%
CBRL	C	0.19%
GFF	A	0.19%
OXM	F	0.18%
NSSC	D	0.18%
INMD	C	0.18%
APOG	C	0.18%
PRK	B	0.18%
MD	C	0.18%
VCEL	B	0.18%
HOPE	C	0.18%
SCS	C	0.17%
SFL	D	0.17%
NVEE	F	0.17%
AAT	B	0.17%
GABC	B	0.17%
YOU	D	0.17%
FIZZ	C	0.17%
AGYS	A	0.17%
HLIT	D	0.16%
SRCE	B	0.16%
GIII	D	0.16%
MCRI	A	0.16%
AMN	F	0.15%
UNFI	A	0.15%
HSII	B	0.15%
PDM	D	0.15%
DLX	B	0.15%
CAL	F	0.15%
PEBO	B	0.15%
PFBC	B	0.14%
MDXG	B	0.14%
OCFC	B	0.14%
BRKL	B	0.14%
DXPE	C	0.13%
SYBT	B	0.13%
MRTN	D	0.13%
TMP	B	0.13%
SXC	A	0.13%
XPEL	B	0.13%
EMBC	C	0.13%
ODP	F	0.13%
SAH	C	0.13%
UTL	B	0.12%
MNRO	D	0.12%
CWH	B	0.12%
UPWK	B	0.12%
BLX	B	0.12%
CRGY	B	0.12%
PRO	C	0.11%
ETD	C	0.11%
GRC	A	0.11%
FWRD	D	0.11%
HRMY	D	0.11%
FIGS	F	0.1%
TILE	B	0.1%
YEXT	B	0.1%
DHT	F	0.1%
MLR	C	0.1%
SSTK	F	0.1%
SPNS	F	0.1%
EGBN	B	0.1%
REVG	C	0.1%
JACK	C	0.1%
HTLD	C	0.09%
TRST	B	0.09%
OSPN	A	0.09%
CMRE	C	0.09%
THR	B	0.09%
ELME	D	0.09%
ZIP	D	0.09%
WNC	C	0.09%
GOGL	F	0.09%
TRTX	C	0.08%
KREF	C	0.08%
SCVL	F	0.08%
MATW	C	0.08%
RYI	C	0.08%
USNA	C	0.07%
NRDS	C	0.07%
TPB	B	0.07%
WRLD	C	0.07%
NFBK	C	0.07%
PTLO	F	0.07%
CASS	C	0.07%
SMBC	B	0.07%
EGY	D	0.07%
BBW	C	0.07%
CVI	F	0.07%
ACCO	C	0.07%
PAHC	C	0.07%
AORT	B	0.07%
MYE	F	0.06%
FFIC	B	0.06%
LOVE	A	0.06%
HVT	D	0.06%
CPF	B	0.06%
CYH	F	0.06%
PGRE	F	0.06%
LPG	F	0.06%
LILAK	D	0.06%
FOR	F	0.06%
HY	D	0.06%
ASC	F	0.06%
BDN	C	0.06%
FMNB	B	0.06%
CCSI	C	0.06%
GIC	D	0.06%
AXGN	C	0.06%
RUSHB	C	0.06%
LYTS	B	0.06%
NUS	D	0.06%
UHT	D	0.06%
CHCT	C	0.06%
BMRC	B	0.05%
MCFT	C	0.05%
MOV	D	0.05%
HTBK	B	0.05%
BV	C	0.05%
NGVC	A	0.05%
ULH	C	0.05%
GCO	C	0.05%
NVEC	B	0.05%
LXFR	C	0.05%
VLGEA	C	0.05%
FBIZ	B	0.05%
TCMD	B	0.05%
OOMA	B	0.05%
MCW	C	0.05%
CENT	C	0.05%
LINC	C	0.05%
BASE	B	0.05%
FCBC	C	0.05%
GEF	A	0.05%
SRDX	B	0.05%
CFB	B	0.05%
ENFN	B	0.05%
SEMR	C	0.04%
RM	C	0.04%
PKST	F	0.04%
SB	F	0.04%
CMTG	F	0.04%
AMCX	C	0.04%
HBCP	C	0.04%
ORGO	B	0.04%
VNDA	C	0.04%
SPOK	B	0.04%
GNTY	A	0.04%
TITN	C	0.04%
NAT	F	0.04%
ODC	B	0.04%
TMCI	C	0.04%
PLPC	B	0.04%
FLIC	B	0.04%
NECB	C	0.04%
REPX	A	0.04%
SIGA	F	0.04%
LGTY	C	0.04%
RGP	F	0.04%
PFIS	A	0.04%
CDXC	B	0.03%
KRT	B	0.03%
YMAB	F	0.03%
FLWS	D	0.03%
TTSH	F	0.03%
KRNY	C	0.03%
OFLX	D	0.03%
PFMT	F	0.03%
MED	D	0.03%
ALX	D	0.03%
OLP	B	0.03%
IMMR	C	0.03%
CMPO	B	0.03%
LILA	D	0.03%
NATH	C	0.03%
EVER	D	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	F	0.03%
WEYS	C	0.03%
RLGT	B	0.03%
GRNT	B	0.03%
GPMT	C	0.02%
NREF	A	0.02%
RMNI	C	0.02%
BTMD	B	0.02%
SGC	C	0.02%
III	C	0.02%
ESCA	B	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	F	0.02%
DXLG	D	0.02%
CHMG	B	0.02%
CZNC	C	0.02%
HOFT	B	0.02%
ESSA	B	0.02%
DBI	F	0.02%
ZYXI	D	0.02%
EPM	A	0.02%
IBEX	B	0.02%
CIO	C	0.02%
MG	D	0.02%
REAL	B	0.02%
NATR	C	0.02%
JAKK	C	0.02%
LCUT	F	0.01%
CURV	D	0.01%
MAPS	B	0.01%
FENC	D	0.01%
CIX	D	0.01%
NTIC	B	0.01%
PBYI	C	0.01%
METCB	F	0.01%
LWAY	C	0.01%
STKS	F	0.01%
HBIO	F	0.01%
NL	B	0.01%
QIPT	F	0.01%
SEVN	C	0.01%
CPSS	B	0.01%
VIRC	B	0.01%
CMT	C	0.01%
HBB	F	0.01%
MPX	C	0.01%
FORR	C	0.01%
BSVN	B	0.01%
EGAN	C	0.01%
VRA	C	0.01%
FSTR	B	0.01%
GAMB	A	0.01%
JILL	C	0.01%

FLQS Underweight 193 Positions Relative to SMMV

Symbol	Grade	Weight
EXEL	B	-1.73%
MUSA	B	-1.6%
ORI	A	-1.57%
ATR	B	-1.49%
ADC	A	-1.45%
RGLD	C	-1.39%
CHE	D	-1.32%
AXS	A	-1.32%
RLI	A	-1.25%
HQY	A	-1.23%
OGE	A	-1.16%
UNM	A	-1.16%
DTM	A	-1.14%
IDA	A	-1.12%
RGA	A	-1.11%
THG	A	-1.11%
EHC	B	-1.08%
ENSG	C	-1.06%
WTM	A	-0.93%
RNR	C	-0.93%
PNW	A	-0.91%
GNTX	C	-0.9%
PSN	D	-0.87%
FLO	D	-0.82%
CACI	D	-0.81%
LSTR	D	-0.81%
DLB	B	-0.81%
CASY	A	-0.79%
BWXT	B	-0.78%
POST	C	-0.77%
TXNM	A	-0.75%
NEU	D	-0.75%
BJ	A	-0.73%
INGR	C	-0.72%
CW	C	-0.71%
LOPE	C	-0.69%
RYAN	A	-0.69%
PAGP	A	-0.68%
TKO	A	-0.66%
CCOI	B	-0.66%
MSGS	A	-0.64%
BRC	D	-0.63%
TXRH	B	-0.62%
FCN	F	-0.61%
OHI	C	-0.6%
WEN	D	-0.6%
VNOM	A	-0.59%
MDU	D	-0.59%
CCCS	B	-0.59%
INSM	C	-0.58%
GHC	B	-0.58%
MSM	C	-0.57%
AMED	F	-0.56%
IBKR	A	-0.54%
HESM	B	-0.54%
PINC	B	-0.51%
VIRT	A	-0.5%
POR	C	-0.49%
FCFS	F	-0.49%
CWAN	B	-0.48%
HRB	D	-0.47%
DRS	B	-0.47%
LAUR	A	-0.47%
PCVX	D	-0.47%
ECG	C	-0.46%
ESGR	B	-0.46%
IONS	F	-0.45%
MSA	F	-0.44%
SON	F	-0.43%
JAZZ	B	-0.42%
KNTK	A	-0.42%
KBR	F	-0.42%
NYT	D	-0.4%
EQC	B	-0.4%
HLI	A	-0.38%
ADUS	D	-0.37%
AM	A	-0.36%
CWST	A	-0.35%
XENE	D	-0.34%
BATRK	D	-0.34%
AVT	C	-0.34%
REYN	D	-0.33%
AGX	B	-0.33%
AVPT	A	-0.33%
HMN	B	-0.33%
SNDR	B	-0.32%
VRRM	F	-0.32%
SKWD	A	-0.32%
SMPL	B	-0.31%
SNX	D	-0.31%
DCI	B	-0.31%
USLM	A	-0.3%
GO	C	-0.3%
DVAX	C	-0.29%
WT	A	-0.28%
DBX	B	-0.28%
MIRM	B	-0.28%
CRNX	C	-0.27%
VVV	D	-0.27%
EIG	B	-0.26%
ALE	A	-0.26%
SAIC	F	-0.25%
OSW	B	-0.25%
SCI	B	-0.25%
IDYA	F	-0.24%
NJR	A	-0.24%
OLLI	D	-0.24%
PPC	C	-0.24%
SAFT	B	-0.24%
MMS	F	-0.23%
ASH	F	-0.23%
WABC	B	-0.22%
ADMA	B	-0.21%
AMSF	B	-0.21%
NTST	C	-0.2%
CHH	A	-0.19%
EDR	A	-0.19%
BFC	B	-0.18%
RARE	F	-0.18%
KRP	B	-0.18%
CNX	A	-0.17%
SPNT	B	-0.17%
KNSA	F	-0.16%
CXW	C	-0.16%
PRGO	C	-0.15%
CIEN	C	-0.15%
IRON	B	-0.15%
VVX	C	-0.14%
SLGN	A	-0.14%
OGS	A	-0.14%
HSTM	B	-0.14%
GTX	C	-0.13%
REX	D	-0.13%
LBTYK	A	-0.13%
KRYS	C	-0.13%
ZYME	C	-0.13%
UVE	B	-0.12%
HALO	F	-0.12%
GPK	C	-0.11%
VREX	B	-0.11%
USM	B	-0.11%
ACLX	C	-0.11%
NTNX	B	-0.11%
SHEN	F	-0.11%
SNRE	D	-0.1%
MCS	B	-0.1%
AGIO	C	-0.1%
ALRM	C	-0.1%
DHIL	B	-0.1%
ACEL	C	-0.1%
NABL	F	-0.1%
UFCS	A	-0.1%
TIPT	C	-0.09%
GWRE	A	-0.09%
HCI	C	-0.09%
SPRY	C	-0.09%
EWTX	C	-0.08%
ANIP	F	-0.08%
TARS	C	-0.08%
ITCI	C	-0.08%
NTGR	B	-0.08%
FRPH	B	-0.08%
IMAX	B	-0.07%
CNSL	C	-0.07%
SENEA	A	-0.07%
TBPH	B	-0.07%
LQDA	F	-0.07%
ATEX	F	-0.07%
THS	D	-0.07%
WINA	C	-0.07%
CPK	A	-0.07%
COKE	C	-0.06%
CART	C	-0.06%
CLW	F	-0.06%
HG	C	-0.06%
RAMP	B	-0.06%
ACHC	F	-0.06%
ADEA	C	-0.05%
IMNM	F	-0.05%
UTZ	D	-0.05%
KROS	D	-0.05%
CGON	F	-0.05%
USPH	B	-0.05%
SEB	F	-0.05%
BATRA	F	-0.05%
GNK	D	-0.04%
DAWN	D	-0.04%
DK	C	-0.04%
CGEM	F	-0.03%
ROG	D	-0.03%
ANAB	F	-0.03%
CRGX	F	-0.03%
ITOS	F	-0.02%