FLQS vs. SQLV ETF Comparison

Comparison of Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) to Legg Mason Small-Cap Quality Value ETF (SQLV)

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

SQLV

Legg Mason Small-Cap Quality Value ETF

SQLV Description

The investment seeks to track the investment results of the RARE Global Infrastructure Index (the "underlying index"). The fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in securities that compose its underlying index. The underlying index is composed of equity securities in developed and developing markets that are included in the MSCI ACWI All Cap Index. Companies in the MSCI ACWI All Cap Index are screened to include only companies within the Global Industry Classification Standard (GICS) sub-industries and are classified into infrastructure sectors.

Grade (RS Rating)

Last Trade

$44.38

Average Daily Volume

781

Number of Holdings ^*

257

* may have additional holdings in another (foreign) market

Performance

Period	FLQS	SQLV
30 Days	6.43%	6.63%
60 Days	6.42%	6.05%
90 Days	7.02%	6.38%
12 Months	27.84%	20.99%

118 Overlapping Holdings

Symbol	Grade	Weight in FLQS	Weight in SQLV	Overlap
ACCO	C	0.08%	0.29%	0.08%
AMCX	C	0.03%	0.43%	0.03%
AMR	C	0.32%	0.61%	0.32%
APAM	B	0.2%	0.66%	0.2%
ARCH	B	0.36%	0.23%	0.23%
ASO	F	0.47%	0.53%	0.47%
ATEN	A	0.19%	0.34%	0.19%
ATKR	D	0.43%	0.38%	0.38%
BBW	C	0.07%	0.16%	0.07%
BHE	C	0.11%	0.42%	0.11%
BKE	B	0.23%	0.74%	0.23%
BOX	B	0.62%	0.14%	0.14%
BTMD	B	0.01%	0.25%	0.01%
BTU	B	0.37%	0.7%	0.37%
CALM	A	0.52%	0.9%	0.52%
CASS	C	0.07%	0.29%	0.07%
CCRN	F	0.05%	0.23%	0.05%
CCSI	C	0.06%	0.67%	0.06%
CEIX	A	0.58%	0.83%	0.58%
CMT	C	0.01%	0.2%	0.01%
CNMD	C	0.3%	0.13%	0.13%
CNXN	C	0.11%	0.49%	0.11%
COLL	F	0.07%	0.28%	0.07%
CORT	B	0.66%	0.82%	0.66%
CPRX	C	0.34%	0.4%	0.34%
CRVL	B	0.41%	0.27%	0.27%
CVI	F	0.07%	0.43%	0.07%
DFIN	D	0.19%	0.33%	0.19%
DXLG	D	0.02%	0.15%	0.02%
EBF	F	0.08%	0.39%	0.08%
EMBC	C	0.14%	0.32%	0.14%
EXTR	C	0.27%	0.15%	0.15%
FLWS	D	0.03%	0.3%	0.03%
FOR	F	0.06%	0.32%	0.06%
GIC	D	0.06%	0.25%	0.06%
GIII	D	0.16%	0.48%	0.16%
HBB	F	0.01%	0.28%	0.01%
HBCP	C	0.04%	0.19%	0.04%
HCKT	B	0.12%	0.37%	0.12%
HOFT	B	0.02%	0.24%	0.02%
HRMY	D	0.12%	0.4%	0.12%
HSII	B	0.15%	0.17%	0.15%
HWKN	B	0.23%	0.14%	0.14%
IDCC	B	0.56%	0.78%	0.56%
IMMR	C	0.03%	0.13%	0.03%
IMXI	B	0.12%	0.3%	0.12%
INSW	F	0.19%	0.44%	0.19%
INVA	D	0.16%	0.53%	0.16%
IOSP	C	0.39%	0.45%	0.39%
IRMD	C	0.07%	0.3%	0.07%
IRWD	F	0.08%	0.18%	0.08%
JAKK	C	0.03%	0.17%	0.03%
JBSS	F	0.1%	0.33%	0.1%
JILL	C	0.02%	0.22%	0.02%
KFRC	D	0.19%	0.33%	0.19%
KFY	B	0.65%	0.63%	0.63%
KRT	B	0.03%	0.29%	0.03%
LCUT	F	0.01%	0.21%	0.01%
LGTY	C	0.05%	0.3%	0.05%
LMAT	A	0.26%	0.46%	0.26%
LQDT	B	0.08%	0.37%	0.08%
LRN	A	0.62%	0.71%	0.62%
MCFT	C	0.05%	0.3%	0.05%
MCRI	A	0.16%	0.47%	0.16%
MD	C	0.19%	0.66%	0.19%
MDXG	B	0.11%	0.2%	0.11%
MED	D	0.03%	0.24%	0.03%
METC	C	0.03%	0.37%	0.03%
MITK	C	0.04%	0.19%	0.04%
MPX	C	0.01%	0.3%	0.01%
MYPS	C	0.02%	0.19%	0.02%
NATR	C	0.02%	0.26%	0.02%
NECB	C	0.04%	0.54%	0.04%
NMIH	C	0.4%	0.59%	0.4%
NPK	B	0.05%	0.36%	0.05%
NRC	F	0.05%	0.15%	0.05%
NTCT	C	0.18%	0.42%	0.18%
NVEC	B	0.05%	0.26%	0.05%
ODP	F	0.13%	0.26%	0.13%
OFLX	D	0.03%	0.2%	0.03%
PAHC	C	0.07%	0.55%	0.07%
PBF	D	0.32%	0.65%	0.32%
PBH	A	0.55%	0.49%	0.49%
PBYI	C	0.01%	0.21%	0.01%
PFBC	B	0.14%	0.52%	0.14%
PKBK	A	0.03%	0.39%	0.03%
PLPC	B	0.04%	0.33%	0.04%
PLUS	F	0.35%	0.46%	0.35%
PLXS	B	0.42%	0.27%	0.27%
PRDO	B	0.28%	0.55%	0.28%
PRGS	A	0.39%	0.52%	0.39%
RCKY	F	0.02%	0.17%	0.02%
RGP	F	0.05%	0.24%	0.05%
RLGT	B	0.03%	0.41%	0.03%
RMR	F	0.05%	0.43%	0.05%
RYI	C	0.08%	0.3%	0.08%
SCS	C	0.17%	0.52%	0.17%
SGC	C	0.02%	0.35%	0.02%
SIGA	F	0.05%	0.28%	0.05%
SLVM	B	0.36%	0.75%	0.36%
SMLR	B	0.04%	0.31%	0.04%
SPOK	B	0.04%	0.29%	0.04%
SSTK	F	0.1%	0.2%	0.1%
TCMD	B	0.05%	0.23%	0.05%
TGNA	B	0.46%	0.75%	0.46%
TH	C	0.03%	0.37%	0.03%
USNA	C	0.07%	0.29%	0.07%
VCTR	B	0.26%	0.82%	0.26%
VIRC	B	0.01%	0.18%	0.01%
VPG	F	0.03%	0.17%	0.03%
VRA	C	0.01%	0.2%	0.01%
VSH	F	0.25%	0.38%	0.25%
WNC	C	0.09%	0.29%	0.09%
WRLD	C	0.07%	0.27%	0.07%
YELP	C	0.37%	0.4%	0.37%
YOU	D	0.18%	0.12%	0.12%
ZIP	D	0.1%	0.26%	0.1%
ZYXI	D	0.02%	0.18%	0.02%

FLQS Overweight 345 Positions Relative to SQLV

Symbol	Grade	Weight
SFM	A	1.68%
MLI	B	1.33%
AIT	B	1.29%
CVLT	B	1.19%
JXN	C	1.06%
UFPI	C	0.99%
BMI	B	0.92%
SPSC	D	0.9%
QLYS	B	0.83%
CMC	B	0.83%
KTB	B	0.82%
CSWI	B	0.82%
ESNT	F	0.79%
WTS	B	0.77%
RMBS	B	0.77%
ANF	F	0.74%
EXPO	D	0.74%
MOG.A	B	0.73%
GPI	B	0.71%
BCC	B	0.7%
MMSI	A	0.69%
ALKS	C	0.69%
IBP	D	0.68%
MATX	C	0.68%
FELE	B	0.68%
SWX	B	0.66%
SIGI	C	0.64%
HOMB	A	0.64%
KAI	B	0.62%
GMS	B	0.61%
BCO	F	0.59%
FTDR	B	0.58%
WDFC	B	0.58%
NSIT	F	0.58%
SIG	B	0.58%
MGY	A	0.57%
BDC	C	0.57%
CTRE	C	0.54%
CRC	A	0.54%
PNM	B	0.53%
SKT	A	0.53%
ASB	B	0.51%
RUSHA	C	0.49%
SHOO	F	0.48%
MGEE	B	0.48%
BLKB	B	0.47%
HIMS	B	0.46%
WK	B	0.46%
ESE	B	0.46%
LANC	C	0.46%
MWA	B	0.46%
ICFI	F	0.44%
MHO	D	0.44%
TDS	B	0.44%
HCC	B	0.43%
BXMT	C	0.43%
AWR	B	0.43%
NOG	B	0.43%
SXT	C	0.42%
NWE	B	0.42%
SR	A	0.41%
AEO	F	0.41%
WERN	C	0.41%
ATGE	B	0.41%
CAKE	C	0.4%
GNW	A	0.4%
HNI	B	0.39%
ACIW	B	0.39%
BNL	D	0.39%
OTTR	C	0.38%
VRNS	D	0.38%
CWT	C	0.38%
IPAR	B	0.37%
GEO	B	0.37%
AVA	A	0.36%
EPRT	B	0.36%
CARG	B	0.36%
MGRC	B	0.36%
FSS	B	0.35%
IIPR	D	0.35%
GOLF	B	0.35%
AROC	A	0.35%
NARI	C	0.35%
NSP	F	0.35%
TNET	F	0.35%
PATK	C	0.34%
UNF	B	0.34%
CVBF	A	0.34%
LCII	C	0.34%
FCPT	C	0.33%
OSIS	A	0.32%
ENVA	B	0.31%
STRA	C	0.31%
ACLS	F	0.31%
SXI	B	0.3%
PSMT	D	0.3%
JJSF	C	0.3%
NBTB	B	0.29%
STNG	F	0.28%
UFPT	C	0.28%
CNO	B	0.28%
LZB	B	0.27%
PRIM	A	0.27%
ACAD	C	0.27%
UPBD	B	0.26%
PDCO	F	0.26%
HI	C	0.25%
ENR	B	0.25%
OPCH	D	0.25%
ALG	B	0.25%
CSGS	B	0.25%
IESC	C	0.25%
FL	F	0.25%
REZI	A	0.25%
ROIC	A	0.24%
MCY	A	0.24%
TNC	D	0.24%
CHCO	B	0.23%
NWBI	B	0.23%
NHC	C	0.23%
CENTA	C	0.23%
MLKN	F	0.23%
HEES	C	0.23%
GEF	A	0.23%
DORM	B	0.23%
PJT	A	0.23%
GPOR	B	0.22%
CALX	D	0.22%
PZZA	F	0.22%
SBH	C	0.22%
EPC	F	0.21%
HURN	C	0.21%
SONO	C	0.21%
CMPR	D	0.21%
WWW	A	0.21%
SJW	F	0.21%
ATRC	C	0.21%
LTC	B	0.2%
APOG	C	0.19%
VCEL	B	0.19%
INMD	C	0.19%
NWN	A	0.19%
BLMN	F	0.19%
RVLV	A	0.19%
NVEE	F	0.18%
FIZZ	C	0.18%
OXM	F	0.18%
PRK	B	0.18%
WMK	C	0.18%
NSSC	D	0.18%
HOPE	C	0.18%
HELE	C	0.18%
AAT	B	0.17%
GABC	B	0.17%
CRAI	C	0.17%
AGYS	A	0.17%
EPAC	C	0.17%
GFF	A	0.17%
UVV	B	0.17%
CBRL	C	0.17%
SFL	D	0.16%
SRCE	B	0.16%
HLIT	D	0.16%
CAL	F	0.16%
BRKL	B	0.15%
IMKTA	C	0.15%
ACT	C	0.15%
BBSI	B	0.15%
DLX	B	0.15%
PEBO	B	0.15%
PDM	D	0.15%
UNFI	A	0.14%
AMN	F	0.14%
OCFC	B	0.14%
TMP	B	0.13%
SXC	A	0.13%
SYBT	B	0.13%
XPEL	B	0.13%
MRTN	D	0.13%
SAH	C	0.13%
MNRO	D	0.12%
CRGY	B	0.12%
CWH	B	0.12%
BLX	B	0.12%
UPWK	B	0.12%
DXPE	C	0.12%
REVG	C	0.11%
SMP	C	0.11%
GRC	A	0.11%
PRO	C	0.11%
MLR	C	0.11%
UTL	B	0.11%
FWRD	D	0.11%
ELME	D	0.1%
AESI	B	0.1%
TILE	B	0.1%
YEXT	B	0.1%
SPTN	D	0.1%
JACK	C	0.1%
SPNS	F	0.1%
EGBN	B	0.1%
ETD	C	0.1%
UTI	B	0.1%
IDT	B	0.1%
TRST	B	0.09%
HTLD	C	0.09%
SCVL	F	0.09%
SCHL	F	0.09%
FIGS	F	0.09%
GOGL	F	0.09%
OSPN	A	0.09%
RGR	F	0.09%
DHT	F	0.09%
AORT	B	0.08%
PTLO	F	0.08%
SWBI	C	0.08%
KREF	C	0.08%
MATW	C	0.08%
CMRE	C	0.08%
THR	B	0.08%
FC	F	0.07%
KELYA	F	0.07%
UHT	D	0.07%
NFBK	C	0.07%
EGY	D	0.07%
YORW	F	0.07%
NRDS	C	0.07%
SMBC	B	0.07%
TRTX	C	0.07%
LINC	C	0.06%
LOVE	A	0.06%
HY	D	0.06%
FFIC	B	0.06%
CPF	B	0.06%
NUS	D	0.06%
TPB	B	0.06%
MYE	F	0.06%
LPG	F	0.06%
ASC	F	0.06%
BDN	C	0.06%
LILAK	D	0.06%
VITL	D	0.06%
FMNB	B	0.06%
CHCT	C	0.06%
AXGN	C	0.06%
RUSHB	C	0.06%
PGRE	F	0.06%
LYTS	B	0.06%
CYH	F	0.06%
HTBK	B	0.05%
GCO	C	0.05%
OOMA	B	0.05%
NGVC	A	0.05%
ULH	C	0.05%
LXFR	C	0.05%
BASE	B	0.05%
FBIZ	B	0.05%
CENT	C	0.05%
VLGEA	C	0.05%
SRDX	B	0.05%
ENFN	B	0.05%
DJCO	B	0.05%
GEF	A	0.05%
FCBC	C	0.05%
MCW	C	0.05%
BV	C	0.05%
HVT	D	0.05%
CFB	B	0.05%
PKST	F	0.04%
IBTA	C	0.04%
GNTY	A	0.04%
NAT	F	0.04%
CMTG	F	0.04%
TITN	C	0.04%
ODC	B	0.04%
REPX	A	0.04%
VNDA	C	0.04%
FLIC	B	0.04%
BMRC	B	0.04%
TMCI	C	0.04%
PFIS	A	0.04%
MOV	D	0.04%
KRNY	C	0.03%
OLP	B	0.03%
CMPO	B	0.03%
TTSH	F	0.03%
ALX	D	0.03%
GCMG	B	0.03%
YMAB	F	0.03%
LILA	D	0.03%
BWMN	C	0.03%
PFMT	F	0.03%
ORGO	B	0.03%
EVER	D	0.03%
NATH	C	0.03%
PBPB	C	0.03%
WEYS	C	0.03%
RMAX	C	0.03%
GRNT	B	0.03%
SB	F	0.03%
RM	C	0.03%
SEMR	C	0.03%
RMNI	C	0.02%
III	C	0.02%
REFI	A	0.02%
ESCA	B	0.02%
APEI	B	0.02%
FLXS	B	0.02%
AVNW	F	0.02%
SNBR	F	0.02%
GWRS	B	0.02%
INFU	B	0.02%
RELL	B	0.02%
CHMG	B	0.02%
EPM	A	0.02%
CZNC	C	0.02%
ESSA	B	0.02%
JYNT	C	0.02%
JOUT	F	0.02%
REAL	B	0.02%
IBEX	B	0.02%
DBI	F	0.02%
CIO	C	0.02%
CDXC	B	0.02%
MG	D	0.02%
CURV	D	0.01%
CIX	D	0.01%
FENC	D	0.01%
NTIC	B	0.01%
LWAY	C	0.01%
METCB	F	0.01%
STKS	F	0.01%
NL	B	0.01%
HBIO	F	0.01%
SEVN	C	0.01%
CPSS	B	0.01%
QIPT	F	0.01%
GAMB	A	0.01%
FSTR	B	0.01%
BSVN	B	0.01%
FORR	C	0.01%
GPMT	C	0.01%
EGAN	C	0.01%
NREF	A	0.01%
MAPS	B	0.0%

FLQS Underweight 139 Positions Relative to SQLV

Symbol	Grade	Weight
BFH	C	-1.13%
PAYO	A	-0.81%
CAR	C	-0.78%
DXC	B	-0.77%
EBC	B	-0.77%
CATY	B	-0.76%
POWL	C	-0.75%
AX	B	-0.75%
IBOC	B	-0.74%
FDP	B	-0.74%
AGX	B	-0.72%
STRL	A	-0.71%
SANM	B	-0.69%
SKYW	C	-0.67%
HAFC	B	-0.66%
ALE	A	-0.65%
PRG	C	-0.65%
FHI	B	-0.63%
WHD	B	-0.62%
WTTR	A	-0.6%
LE	D	-0.59%
TDOC	C	-0.56%
OMCL	C	-0.56%
LGND	C	-0.55%
WTFC	A	-0.55%
ANDE	D	-0.55%
HUBG	A	-0.55%
CRCT	F	-0.54%
WS	C	-0.53%
NTGR	B	-0.52%
NVST	B	-0.52%
NBN	C	-0.52%
MCB	B	-0.52%
EEFT	B	-0.51%
TEX	F	-0.49%
ITGR	B	-0.49%
BXC	B	-0.48%
MBWM	B	-0.48%
TPC	C	-0.48%
FISI	B	-0.47%
CIVB	B	-0.47%
ADUS	D	-0.46%
OSBC	A	-0.46%
IRDM	D	-0.46%
UNTY	B	-0.46%
HAE	C	-0.46%
DK	C	-0.46%
THFF	B	-0.45%
BELFB	C	-0.44%
MSBI	B	-0.44%
CTS	C	-0.44%
SUPN	C	-0.43%
EWCZ	F	-0.42%
DAKT	C	-0.42%
IPGP	D	-0.41%
ASTH	F	-0.41%
DHIL	B	-0.4%
ZD	B	-0.4%
DVAX	C	-0.39%
EVBN	B	-0.39%
AVNS	F	-0.38%
VCYT	B	-0.38%
WU	F	-0.37%
AMPH	F	-0.37%
WKC	C	-0.37%
WOR	F	-0.37%
RNGR	A	-0.37%
ROCK	C	-0.37%
ARRY	F	-0.36%
OLPX	D	-0.36%
REX	D	-0.35%
HSTM	B	-0.34%
TDC	D	-0.34%
BSIG	A	-0.34%
NX	C	-0.33%
RES	D	-0.33%
PLAB	C	-0.33%
ACIC	B	-0.33%
CRI	F	-0.33%
CVEO	F	-0.32%
IART	C	-0.31%
GNE	F	-0.31%
COHU	C	-0.31%
MRVI	F	-0.3%
CHGG	C	-0.29%
OMI	F	-0.29%
JELD	F	-0.28%
PUMP	C	-0.27%
VREX	B	-0.27%
EE	A	-0.27%
CLW	F	-0.26%
WINA	C	-0.26%
PFC	B	-0.25%
PKE	B	-0.25%
CTKB	C	-0.25%
ANIP	F	-0.25%
UTMD	F	-0.24%
MNSB	C	-0.24%
TZOO	A	-0.24%
ZEUS	C	-0.24%
PARR	F	-0.24%
ICUI	D	-0.23%
EVC	C	-0.22%
MTUS	C	-0.22%
CNS	B	-0.22%
IIIN	C	-0.21%
PETS	C	-0.21%
MPAA	B	-0.21%
DBRG	F	-0.2%
PCRX	C	-0.2%
ASRT	D	-0.2%
STAA	F	-0.2%
RCMT	C	-0.19%
LFVN	C	-0.19%
UVE	B	-0.19%
HTZ	C	-0.18%
INTT	C	-0.18%
TGTX	B	-0.18%
STBA	B	-0.17%
OSUR	F	-0.16%
ACDC	B	-0.16%
HCI	C	-0.16%
MGNI	B	-0.16%
LXU	B	-0.16%
ANGO	C	-0.15%
ANIK	D	-0.15%
SCSC	C	-0.15%
CCRD	B	-0.15%
TWI	F	-0.14%
CSPI	C	-0.14%
BLBD	D	-0.13%
SD	D	-0.13%
POWW	F	-0.13%
THRY	D	-0.12%
CVGI	F	-0.12%
PAYS	F	-0.12%
LTRX	F	-0.11%
SURG	D	-0.1%
IPW	F	-0.06%