IQM vs. SMH ETF Comparison

Comparison of Franklin Intelligent Machines ETF (IQM) to Market Vectors Semiconductor ETF (SMH)

IQM

Franklin Intelligent Machines ETF

IQM Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.74

Average Daily Volume

4,362

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMH

Market Vectors Semiconductor ETF

SMH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Semiconductor 25 Index (the "Semiconductor Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Semiconductor Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$244.62

Average Daily Volume

5,951,095

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQM	SMH
30 Days	7.46%	-1.76%
60 Days	9.03%	2.37%
90 Days	7.71%	-1.52%
12 Months	42.26%	50.89%

16 Overlapping Holdings

Symbol	Grade	Weight in IQM	Weight in SMH	Overlap
ADI	D	1.32%	3.77%	1.32%
AMAT	F	2.3%	3.99%	2.3%
AMD	F	2.02%	4.48%	2.02%
ASML	F	2.83%	4.02%	2.83%
AVGO	D	1.98%	7.69%	1.98%
CDNS	B	4.11%	3.03%	3.03%
KLAC	D	1.23%	3.21%	1.23%
LRCX	F	1.12%	3.53%	1.12%
MCHP	D	0.3%	1.3%	0.3%
MPWR	F	0.17%	0.98%	0.17%
NVDA	C	13.69%	23.17%	13.69%
NXPI	D	0.45%	1.82%	0.45%
SNPS	B	3.83%	3.14%	3.14%
TER	D	1.4%	0.58%	0.58%
TSM	B	4.01%	13.2%	4.01%
TXN	C	0.66%	4.45%	0.66%

IQM Overweight 33 Positions Relative to SMH

Symbol	Grade	Weight
ISRG	A	5.81%
AXON	A	5.68%
TSLA	B	4.41%
AAPL	C	4.22%
PWR	A	2.7%
ADSK	A	1.94%
APH	A	1.32%
UBER	D	1.31%
PTC	A	1.29%
GEV	B	1.24%
VRT	B	1.23%
ALTR	B	1.22%
VMI	B	1.19%
ETN	A	1.03%
ZBRA	B	0.98%
AVAV	D	0.91%
CRWD	B	0.87%
ROP	B	0.83%
KEYS	A	0.83%
IDXX	F	0.71%
PRCT	B	0.7%
ENTG	D	0.61%
BKR	B	0.57%
IOT	A	0.53%
TRMB	B	0.47%
BSY	D	0.38%
FSLR	F	0.37%
PLTR	B	0.35%
PSTG	D	0.35%
SITM	B	0.32%
FTI	A	0.26%
OII	B	0.26%
ALGN	D	0.23%

IQM Underweight 9 Positions Relative to SMH

Symbol	Grade	Weight
QCOM	F	-4.3%
INTC	D	-4.15%
MU	D	-3.91%
MRVL	B	-2.53%
ON	D	-0.88%
STM	F	-0.78%
SWKS	F	-0.5%
OLED	D	-0.3%
QRVO	F	-0.23%

IQM: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Software - Application Software - Infrastructure Oil & Gas Equipment & Services Aerospace & Defense Diversified Industrials Medical Devices Scientific & Technical Instruments Auto Manufacturers Conglomerates Consumer Electronics Data Storage Diagnostics & Research Electronic Components Engineering & Construction Medical Instruments & Supplies Metal Fabrication Solar Specialty Industrial Machinery