FLUD vs. IBBQ ETF Comparison

Comparison of Franklin Liberty Ultra Short Bond ETF (FLUD) to Invesco Nasdaq Biotechnology ETF (IBBQ)
FLUD

Franklin Liberty Ultra Short Bond ETF

FLUD Description

The investment seeks a high level of current income as is consistent with prudent investing, while seeking preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in bonds and investments that provide exposure to bonds. It targets an estimated average portfolio duration of one (1) year or less. The fund invests predominantly in U.S. dollar denominated, investment grade debt securities and investments. It may invest in U.S. dollar denominated foreign securities, including emerging market securities.

Grade (RS Rating)

Last Trade

$24.88

Average Daily Volume

1,041

Number of Holdings *

20

* may have additional holdings in another (foreign) market
IBBQ

Invesco Nasdaq Biotechnology ETF

IBBQ Description The investment seeks to track the investment results (before fees and expenses) of the Nasdaq Biotechnology Index ®. The fund generally will invest at least 90% of its total assets in the securities that comprise the index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq compiles the underlying index, which is a modified market capitalization weighted index that is designed to measure the performance of securities listed on the Nasdaq Stock Market that are classified as either biotechnology or pharmaceutical companies. The index may include securities of large-, mid- and small-capitalization companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.70

Average Daily Volume

18,332

Number of Holdings *

204

* may have additional holdings in another (foreign) market
Performance
Period FLUD IBBQ
30 Days 0.46% -7.09%
60 Days 0.89% -8.81%
90 Days 0.87% -6.08%
12 Months 2.42% -0.01%
3 Overlapping Holdings
Symbol Grade Weight in FLUD Weight in IBBQ Overlap
AZN A 4.07% 4.56% 4.07%
BIIB D 2.75% 3.15% 2.75%
RPRX D 1.34% 1.39% 1.34%
FLUD Overweight 17 Positions Relative to IBBQ
Symbol Grade Weight
DD A 4.1%
GE A 4.08%
EBAY A 4.06%
C A 4.06%
GJS B 4.04%
CAF D 4.02%
MCHP A 3.98%
TMO B 2.69%
BA F 2.69%
HRL A 2.67%
KMI A 1.45%
COF A 1.38%
ET A 1.38%
BAC A 1.35%
ABBV D 1.35%
CM C 1.35%
BMO D 1.35%
FLUD Underweight 201 Positions Relative to IBBQ
Symbol Grade Weight
AMGN D -8.69%
VRTX C -8.31%
REGN D -8.16%
GILD F -8.12%
MRNA B -4.46%
ILMN D -2.13%
ALNY F -2.05%
BMRN D -1.88%
NBIX C -1.49%
VTRS C -1.49%
SNY C -1.44%
INCY F -1.3%
MEDP C -1.29%
ARGX D -1.28%
SRPT B -1.23%
UTHR B -1.23%
BNTX F -0.95%
ASND D -0.91%
ITCI B -0.81%
EXEL A -0.77%
JAZZ F -0.76%
CYTK D -0.76%
PCVX D -0.75%
IONS D -0.67%
RVMD A -0.67%
APLS D -0.64%
BPMC B -0.62%
BGNE D -0.61%
HALO D -0.55%
CRSP F -0.5%
BBIO F -0.49%
KRYS D -0.49%
MDGL F -0.48%
IMVT F -0.47%
ALPN A -0.47%
ALKS D -0.45%
LEGN F -0.42%
NUVL C -0.42%
INSM F -0.4%
RARE C -0.4%
AXSM D -0.38%
FOLD F -0.36%
FTRE D -0.35%
IOVA D -0.35%
SWTX C -0.35%
XENE D -0.34%
CRNX B -0.34%
ARWR F -0.33%
ACLX D -0.31%
ACAD F -0.31%
IDYA C -0.31%
JANX B -0.28%
ARVN D -0.27%
SMMT C -0.27%
MRUS B -0.26%
RYTM D -0.26%
DNLI F -0.25%
GH F -0.24%
RCKT F -0.24%
VCEL C -0.24%
DYN C -0.23%
GERN A -0.23%
VERA D -0.23%
NTLA F -0.23%
KYMR D -0.23%
IMCR D -0.22%
AMPH D -0.22%
BEAM F -0.22%
PTCT D -0.22%
KROS C -0.22%
RNA A -0.21%
SANA C -0.2%
SNDX C -0.2%
MYGN F -0.19%
HRMY D -0.19%
AGIO A -0.19%
TWST C -0.19%
RXRX F -0.19%
INBX D -0.18%
SUPN C -0.18%
VCYT F -0.17%
ARDX D -0.17%
DVAX F -0.17%
PTGX D -0.17%
FUSN A -0.17%
EWTX C -0.16%
MORF F -0.16%
ADMA A -0.16%
FDMT D -0.15%
DAWN D -0.15%
KURA C -0.15%
ANIP D -0.15%
LGND D -0.14%
PCRX F -0.14%
GMAB F -0.14%
IRWD F -0.14%
NVCR F -0.14%
MIRM D -0.13%
PRTA F -0.13%
AKRO F -0.13%
ABCL F -0.13%
DCPH C -0.13%
VRNA F -0.12%
VIR F -0.12%
TARS D -0.12%
MNKD C -0.12%
COLL C -0.12%
XNCR D -0.12%
MGNX D -0.11%
MRVI F -0.11%
SRRK C -0.11%
ARQT D -0.1%
ETNB F -0.1%
BCRX F -0.1%
ZNTL F -0.1%
INVA B -0.1%
SAGE F -0.09%
SPRY D -0.09%
RLAY F -0.09%
BCYC C -0.09%
EYPT D -0.09%
KNSA C -0.08%
ALXO A -0.08%
RGNX F -0.08%
ELVN B -0.08%
ARCT F -0.08%
AUPH F -0.08%
ZLAB F -0.08%
COGT F -0.08%
PLRX F -0.08%
GRFS F -0.08%
SIGA A -0.07%
ORIC F -0.07%
WVE F -0.07%
LYEL C -0.07%
SVRA D -0.07%
AUTL F -0.07%
YMAB D -0.07%
IRON F -0.07%
EOLS D -0.07%
NRIX B -0.07%
CGEM A -0.07%
PHAT F -0.06%
ANAB C -0.06%
HCM A -0.06%
OABI F -0.06%
CSTL C -0.06%
OLMA F -0.06%
CVAC F -0.06%
PRME F -0.06%
OCUL F -0.06%
ALLO F -0.06%
CNTA D -0.06%
CABA F -0.06%
NVAX F -0.06%
VERV F -0.06%
GLPG F -0.06%
LXRX F -0.05%
PACB F -0.05%
ABUS B -0.05%
URGN F -0.05%
FULC D -0.05%
TVTX F -0.05%
MLYS C -0.05%
TSHA D -0.05%
EDIT F -0.05%
TBPH B -0.05%
THRD B -0.05%
KALV F -0.05%
PETQ D -0.05%
ALEC D -0.05%
RVNC F -0.04%
AMRN F -0.04%
PGEN C -0.04%
CRBU F -0.04%
ADPT F -0.04%
HROW F -0.04%
HUMA B -0.04%
ITOS F -0.04%
BMEA F -0.04%
REPL F -0.04%
VYGR F -0.04%
QURE F -0.03%
CHRS F -0.03%
ACIU F -0.03%
XERS F -0.03%
VTYX F -0.03%
RAPT F -0.03%
PAHC B -0.03%
VNDA B -0.03%
ERAS D -0.03%
TERN F -0.03%
AVXL F -0.03%
ATAI D -0.03%
MGTX F -0.03%
ME F -0.02%
BLUE F -0.02%
OVID F -0.02%
RPHM D -0.01%
MRNS F -0.01%
ACRS F -0.01%
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