FLQS vs. USRT ETF Comparison

Comparison of Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) to iShares Core U.S. REIT ETF (USRT)

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

$42.15

Average Daily Volume

4,010

Number of Holdings ^*

466

* may have additional holdings in another (foreign) market

USRT

iShares Core U.S. REIT ETF

USRT Description

The iShares Core U.S. REIT ETF seeks to track the investment results of an index composed of U.S. real estate equities.

Grade (RS Rating)

Last Trade

$61.15

Average Daily Volume

214,416

Number of Holdings ^*

132

* may have additional holdings in another (foreign) market

Performance

Period	FLQS	USRT
30 Days	2.29%	2.77%
60 Days	0.52%	8.44%
90 Days	8.98%	15.20%
12 Months	23.94%	33.83%

18 Overlapping Holdings

Symbol	Grade	Weight in FLQS	Weight in USRT	Overlap
AAT	C	0.17%	0.1%	0.1%
ALX	B	0.03%	0.04%	0.03%
BDN	C	0.07%	0.07%	0.07%
BNL	B	0.46%	0.28%	0.28%
CHCT	F	0.06%	0.04%	0.04%
CIO	C	0.03%	0.02%	0.02%
CTRE	C	0.56%	0.35%	0.35%
EPRT	B	0.39%	0.47%	0.39%
FCPT	C	0.37%	0.22%	0.22%
IIPR	B	0.48%	0.3%	0.3%
LTC	C	0.2%	0.12%	0.12%
OLP	C	0.03%	0.04%	0.03%
PDM	C	0.17%	0.1%	0.1%
PGRE	D	0.06%	0.07%	0.06%
PKST	D	0.04%	0.04%	0.04%
ROIC	C	0.22%	0.16%	0.16%
SKT	B	0.51%	0.27%	0.27%
UHT	C	0.08%	0.05%	0.05%

FLQS Overweight 448 Positions Relative to USRT

Symbol	Grade	Weight
SFM	B	1.32%
CVLT	B	1.13%
AIT	B	1.1%
MLI	B	1.07%
UFPI	C	1.02%
SPSC	D	0.98%
ESNT	B	0.93%
BMI	B	0.93%
JXN	B	0.92%
IBP	C	0.85%
EXPO	B	0.85%
NSIT	C	0.81%
WTS	C	0.81%
CSWI	B	0.78%
CMC	D	0.78%
KTB	B	0.77%
ANF	D	0.76%
BCC	C	0.74%
BCO	B	0.74%
QLYS	D	0.72%
GPI	B	0.71%
FELE	B	0.7%
MOG.A	B	0.69%
MMSI	C	0.68%
ALKS	D	0.68%
SWX	C	0.67%
RMBS	F	0.63%
KFY	C	0.63%
MATX	B	0.62%
SIGI	D	0.62%
BOX	C	0.61%
SIG	C	0.61%
ASO	D	0.6%
HOMB	D	0.58%
BDC	B	0.57%
GMS	C	0.56%
SHOO	B	0.55%
WDFC	C	0.55%
LRN	B	0.54%
KAI	C	0.54%
MGY	D	0.53%
PNM	B	0.53%
FTDR	B	0.52%
CORT	B	0.52%
CEIX	C	0.51%
PBH	C	0.51%
AEO	D	0.51%
CRC	C	0.49%
MHO	B	0.49%
BXMT	C	0.49%
BLKB	C	0.49%
NWE	A	0.46%
ICFI	C	0.45%
SXT	B	0.45%
LANC	F	0.45%
NMIH	C	0.44%
ESE	B	0.43%
IDCC	B	0.43%
CALM	B	0.43%
AWR	C	0.43%
RUSHA	C	0.43%
SR	B	0.43%
VRNS	B	0.43%
MWA	B	0.42%
CWT	D	0.42%
HCC	D	0.42%
NSP	F	0.42%
ACLS	F	0.42%
MGEE	C	0.42%
ATKR	F	0.41%
WK	D	0.41%
ASB	D	0.41%
TGNA	C	0.4%
AVA	B	0.39%
GNW	C	0.39%
OTTR	F	0.39%
IPAR	D	0.39%
NOG	F	0.39%
PRGS	A	0.39%
PATK	C	0.39%
STNG	D	0.39%
WERN	C	0.39%
SQSP	B	0.38%
HNI	C	0.38%
CRVL	B	0.38%
PLUS	B	0.38%
IOSP	F	0.38%
PLXS	B	0.37%
FSS	D	0.37%
BTU	C	0.37%
LCII	C	0.37%
TNET	F	0.37%
OPCH	C	0.36%
ACIW	B	0.36%
CAKE	B	0.36%
ATGE	C	0.36%
UNF	B	0.35%
PBF	F	0.35%
YELP	D	0.35%
SLVM	C	0.35%
TDS	B	0.35%
MGRC	D	0.35%
AMR	D	0.33%
GOLF	F	0.33%
ARCH	D	0.32%
PSMT	B	0.32%
HIMS	D	0.32%
OSIS	C	0.32%
AROC	D	0.31%
CNMD	D	0.31%
JJSF	B	0.31%
VGR	C	0.31%
CPRX	C	0.31%
NARI	F	0.3%
CARG	C	0.3%
STRA	F	0.3%
SXI	C	0.29%
PDCO	F	0.29%
VSH	F	0.29%
CVBF	D	0.28%
LZB	C	0.28%
TNC	D	0.28%
FL	F	0.28%
UFPT	D	0.28%
NBTB	D	0.27%
PRMW	C	0.27%
CALX	C	0.27%
PRDO	D	0.26%
CNO	C	0.26%
BLMN	F	0.26%
EXTR	C	0.26%
INSW	C	0.25%
SBH	B	0.25%
MLKN	F	0.25%
ACAD	F	0.25%
ENVA	C	0.25%
HWKN	B	0.24%
ENR	D	0.24%
CENTA	F	0.24%
ALG	D	0.24%
LMAT	B	0.24%
AMN	F	0.24%
CSGS	C	0.23%
NHC	D	0.23%
CMPR	F	0.23%
HI	F	0.23%
SJW	F	0.23%
PZZA	D	0.23%
VCTR	B	0.23%
DFIN	D	0.22%
YOU	B	0.22%
MCY	C	0.22%
BKE	B	0.22%
GEF	C	0.22%
EPC	F	0.22%
PRIM	B	0.21%
OXM	F	0.21%
PJT	B	0.21%
CHCO	D	0.21%
NSSC	F	0.21%
REZI	D	0.21%
NWBI	D	0.21%
GEO	F	0.2%
DORM	C	0.2%
KFRC	F	0.2%
GPOR	C	0.2%
IESC	B	0.19%
CBRL	D	0.19%
SONO	F	0.19%
APAM	C	0.19%
SFL	D	0.19%
HLIT	C	0.19%
NWN	B	0.19%
HEES	D	0.19%
HELE	D	0.18%
WWW	A	0.18%
ATRC	D	0.18%
CAL	F	0.18%
HOPE	D	0.18%
HURN	C	0.18%
INMD	D	0.18%
NVEE	F	0.18%
WMK	D	0.18%
GFF	C	0.18%
UVV	D	0.18%
GIII	D	0.17%
ATEN	C	0.17%
NTCT	C	0.17%
FIZZ	D	0.17%
SCS	D	0.17%
VCEL	F	0.16%
IMKTA	D	0.16%
MCRI	B	0.16%
PRK	D	0.16%
INVA	C	0.16%
APOG	B	0.16%
AGYS	D	0.16%
ACT	C	0.16%
MD	C	0.15%
TNK	D	0.15%
GABC	D	0.15%
ODP	F	0.15%
RVLV	C	0.15%
CRAI	C	0.15%
EPAC	B	0.15%
CWH	C	0.14%
EMBC	D	0.14%
HRMY	B	0.14%
SPNS	D	0.14%
SRCE	D	0.14%
FWRD	D	0.13%
SPTN	C	0.13%
DLX	F	0.13%
HSII	C	0.13%
XPEL	D	0.13%
OCFC	B	0.13%
BBSI	C	0.13%
MRTN	D	0.13%
PEBO	D	0.13%
FIGS	C	0.13%
UNFI	B	0.12%
UTL	C	0.12%
MNRO	C	0.12%
ETH	D	0.12%
BLX	C	0.12%
CNXN	B	0.12%
PFBC	D	0.12%
SSTK	F	0.12%
BRKL	C	0.12%
JBSS	F	0.12%
SAH	D	0.12%
SCVL	C	0.11%
DHT	C	0.11%
IMXI	D	0.11%
GOGL	C	0.11%
BHE	C	0.11%
SYBT	C	0.11%
SMP	D	0.11%
REVG	D	0.1%
ZIP	D	0.1%
EBF	C	0.1%
WNC	F	0.1%
CYH	C	0.1%
CMRE	C	0.1%
RGR	F	0.1%
CRGY	D	0.1%
DXPE	C	0.1%
AESI	D	0.1%
HCKT	C	0.1%
JACK	F	0.1%
CHUY	C	0.1%
TMP	D	0.1%
GRC	D	0.1%
SCHL	D	0.1%
PTLO	C	0.09%
KREF	C	0.09%
UTI	D	0.09%
HTLD	F	0.09%
COLL	C	0.09%
MLR	D	0.09%
OSPN	C	0.09%
THR	F	0.09%
CVI	F	0.09%
MDXG	F	0.09%
KELYA	D	0.09%
LILAK	D	0.09%
SXC	F	0.09%
ASC	D	0.09%
PRO	F	0.09%
IRWD	F	0.08%
TRTX	D	0.08%
EGY	D	0.08%
YORW	D	0.08%
SWBI	F	0.08%
TRST	D	0.08%
LPG	F	0.08%
VITL	C	0.08%
GIC	D	0.08%
EGBN	D	0.08%
MATW	F	0.08%
IDT	C	0.08%
UPWK	D	0.08%
YEXT	C	0.08%
RYI	F	0.07%
HVT	F	0.07%
PAHC	C	0.07%
CASS	D	0.07%
CCRN	F	0.07%
ACCO	C	0.07%
FOR	D	0.07%
AXGN	C	0.07%
FC	C	0.07%
HY	F	0.07%
LQDT	C	0.07%
TILE	C	0.07%
MYE	F	0.07%
RMR	C	0.06%
NRC	D	0.06%
NUS	F	0.06%
RUSHB	C	0.06%
IRMD	B	0.06%
CCSI	C	0.06%
FMNB	D	0.06%
SMBC	C	0.06%
NFBK	D	0.06%
NRDS	D	0.06%
BBW	C	0.06%
WRLD	D	0.06%
USNA	F	0.06%
AMSWA	C	0.05%
BV	C	0.05%
MOV	F	0.05%
LILA	C	0.05%
DJCO	C	0.05%
FBIZ	B	0.05%
FFIC	D	0.05%
TCMD	C	0.05%
FCBC	D	0.05%
TPB	B	0.05%
SIGA	F	0.05%
NAT	D	0.05%
NPK	D	0.05%
CENT	F	0.05%
VLGEA	C	0.05%
LOVE	C	0.05%
RGP	F	0.05%
LYTS	C	0.05%
CPF	C	0.05%
CFB	D	0.05%
NVEC	D	0.05%
GEF	C	0.05%
ENFN	C	0.05%
SRDX	D	0.05%
METC	F	0.04%
EVER	D	0.04%
SPOK	C	0.04%
VPG	F	0.04%
MITK	F	0.04%
PFMT	C	0.04%
VNDA	F	0.04%
RMAX	C	0.04%
GNTY	C	0.04%
SEMR	C	0.04%
FLIC	C	0.04%
NGVC	C	0.04%
NECB	B	0.04%
BASE	F	0.04%
RM	B	0.04%
LINC	D	0.04%
TITN	F	0.04%
OOMA	C	0.04%
MCFT	F	0.04%
PFIS	C	0.04%
ULH	D	0.04%
ODC	D	0.04%
LXFR	C	0.04%
CMTG	F	0.04%
SB	C	0.04%
PLPC	C	0.04%
GCO	F	0.04%
HTBK	D	0.04%
MCW	F	0.04%
FLWS	F	0.03%
ORGO	D	0.03%
PBPB	D	0.03%
TH	F	0.03%
CMPO	B	0.03%
OFLX	D	0.03%
TTSH	D	0.03%
RCKY	C	0.03%
AVNW	F	0.03%
RLGT	C	0.03%
PKBK	C	0.03%
MG	C	0.03%
BWMN	F	0.03%
NATH	B	0.03%
GCMG	B	0.03%
WEYS	B	0.03%
YMAB	D	0.03%
MED	F	0.03%
GRNT	F	0.03%
IMMR	D	0.03%
IBTA	C	0.03%
AMCX	F	0.03%
REPX	D	0.03%
TMCI	F	0.03%
BMRC	D	0.03%
DBI	F	0.03%
HBCP	C	0.03%
INFU	D	0.02%
VRA	F	0.02%
SGC	D	0.02%
JILL	F	0.02%
APEI	D	0.02%
SMLR	F	0.02%
III	D	0.02%
PTSI	D	0.02%
MYPS	F	0.02%
ESCA	D	0.02%
REFI	B	0.02%
RMNI	F	0.02%
RELL	C	0.02%
HBB	B	0.02%
GWRS	C	0.02%
REAL	C	0.02%
CHMG	C	0.02%
EPM	D	0.02%
CZNC	D	0.02%
NATR	F	0.02%
ESSA	C	0.02%
HOFT	D	0.02%
DXLG	F	0.02%
JYNT	F	0.02%
IBEX	C	0.02%
KRT	F	0.02%
JAKK	C	0.02%
SNBR	D	0.02%
KRNY	D	0.02%
JOUT	F	0.02%
ZYXI	F	0.02%
MAPS	F	0.01%
CURV	F	0.01%
LCUT	F	0.01%
CIX	C	0.01%
NTIC	F	0.01%
PBYI	F	0.01%
METCB	F	0.01%
FENC	F	0.01%
LWAY	C	0.01%
NL	C	0.01%
BSVN	D	0.01%
VIRC	D	0.01%
CPSS	D	0.01%
FSTR	D	0.01%
STKS	F	0.01%
HBIO	F	0.01%
SEVN	C	0.01%
MPX	D	0.01%
EGAN	F	0.01%
QIPT	F	0.01%
GAMB	D	0.01%
CDXC	C	0.01%
CMT	D	0.01%
FORR	F	0.01%
GPMT	D	0.01%
BTMD	F	0.01%
FLXS	B	0.01%
NREF	C	0.01%

FLQS Underweight 114 Positions Relative to USRT

Symbol	Grade	Weight
PLD	C	-9.35%
EQIX	B	-6.71%
WELL	C	-6.09%
PSA	C	-4.61%
SPG	B	-4.35%
O	B	-4.33%
DLR	B	-4.13%
EXR	C	-3.04%
VICI	C	-2.78%
IRM	C	-2.71%
AVB	C	-2.63%
EQR	C	-2.33%
VTR	C	-2.02%
INVH	D	-1.78%
ARE	C	-1.69%
ESS	C	-1.58%
MAA	C	-1.52%
SUI	C	-1.4%
DOC	B	-1.24%
KIM	C	-1.23%
UDR	C	-1.21%
WPC	C	-1.09%
AMH	D	-1.08%
ELS	D	-1.07%
GLPI	C	-1.07%
REG	C	-1.06%
HST	D	-1.05%
CPT	C	-1.04%
BXP	C	-1.03%
CUBE	C	-0.97%
LAMR	B	-0.94%
REXR	C	-0.89%
OHI	C	-0.8%
FRT	C	-0.75%
EGP	C	-0.73%
NNN	B	-0.7%
BRX	C	-0.67%
COLD	D	-0.65%
FR	C	-0.59%
ADC	C	-0.59%
STAG	D	-0.57%
VNO	B	-0.55%
HR	B	-0.55%
RHP	C	-0.52%
TRNO	D	-0.52%
KRG	C	-0.46%
LINE	F	-0.4%
SLG	C	-0.38%
KRC	C	-0.38%
PECO	C	-0.38%
IRT	C	-0.38%
CUZ	C	-0.36%
SBRA	C	-0.35%
MAC	B	-0.31%
EPR	C	-0.29%
MPW	C	-0.28%
NHI	C	-0.28%
HIW	C	-0.28%
APLE	C	-0.28%
NSA	C	-0.27%
CDP	B	-0.27%
PK	D	-0.26%
LXP	C	-0.24%
OUT	B	-0.22%
SITC	D	-0.22%
UE	C	-0.21%
AKR	B	-0.19%
DEI	B	-0.19%
SHO	C	-0.18%
IVT	D	-0.16%
DRH	C	-0.15%
PEB	D	-0.14%
GNL	D	-0.14%
ELME	C	-0.13%
GTY	C	-0.13%
AHR	B	-0.13%
SILA	C	-0.12%
ESRT	C	-0.12%
RLJ	D	-0.12%
JBGS	C	-0.12%
XHR	B	-0.12%
AIV	C	-0.11%
DEA	D	-0.11%
VRE	C	-0.11%
SAFE	C	-0.11%
ALEX	C	-0.11%
NTST	D	-0.1%
UMH	C	-0.1%
CSR	D	-0.09%
NXRT	D	-0.08%
DHC	C	-0.07%
PLYM	D	-0.07%
INN	B	-0.06%
AHH	D	-0.06%
SVC	F	-0.06%
CBL	D	-0.05%
GMRE	C	-0.05%
GOOD	B	-0.05%
WSR	D	-0.05%
HPP	F	-0.05%
CLDT	D	-0.04%
NLOP	C	-0.04%
FPI	D	-0.04%
LAND	D	-0.04%
PSTL	C	-0.03%
ILPT	D	-0.03%
BFS	B	-0.03%
CTO	D	-0.03%
NXDT	D	-0.02%
BRT	D	-0.02%
BHR	C	-0.02%
PINE	C	-0.02%
ONL	D	-0.02%
OPI	F	-0.0%