RWL vs. FLQL ETF Comparison

Comparison of RevenueShares Large Cap ETF (RWL) to Franklin LibertyQ U.S. Equity ETF (FLQL)

RWL

RevenueShares Large Cap ETF

RWL Description

The investment seeks to outperform the total return performance of the S&P 500 Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Large Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of large capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$103.10

Average Daily Volume

135,430

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

FLQL

Franklin LibertyQ U.S. Equity ETF

FLQL Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Large Cap Equity Index (the U.S. Large Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Large Cap underlying index. The U.S. Large Cap underlying index is based on the Russell 1000® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$59.85

Average Daily Volume

76,630

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

Performance

Period	RWL	FLQL
30 Days	4.90%	2.44%
60 Days	5.46%	3.55%
90 Days	7.07%	4.50%
12 Months	29.24%	31.26%

137 Overlapping Holdings

Symbol	Grade	Weight in RWL	Weight in FLQL	Overlap
AAPL	C	2.18%	7.0%	2.18%
ABBV	D	0.26%	1.33%	0.26%
ACGL	D	0.07%	0.26%	0.07%
ADI	D	0.05%	0.32%	0.05%
AFL	B	0.11%	0.23%	0.11%
AMAT	F	0.15%	0.96%	0.15%
AMCR	D	0.07%	0.09%	0.07%
AMGN	D	0.15%	1.05%	0.15%
AMZN	C	3.77%	2.92%	2.92%
ANET	C	0.04%	0.77%	0.04%
APA	D	0.05%	0.08%	0.05%
APH	A	0.08%	0.6%	0.08%
AVB	B	0.02%	0.1%	0.02%
AVGO	D	0.26%	1.77%	0.26%
BBY	D	0.22%	0.11%	0.11%
BKNG	A	0.16%	1.19%	0.16%
BRK.A	B	2.13%	1.11%	1.11%
BSX	B	0.09%	0.84%	0.09%
C	A	1.1%	0.97%	0.97%
CAT	B	0.41%	1.27%	0.41%
CB	C	0.29%	0.56%	0.29%
CF	B	0.03%	0.11%	0.03%
CFG	B	0.08%	0.13%	0.08%
CHRW	C	0.11%	0.1%	0.1%
CI	F	1.06%	0.56%	0.56%
CL	D	0.09%	0.52%	0.09%
CMG	B	0.06%	0.57%	0.06%
CMI	A	0.23%	0.26%	0.23%
COST	B	1.41%	1.7%	1.41%
CTAS	B	0.05%	0.46%	0.05%
CTSH	B	0.11%	0.24%	0.11%
DAL	C	0.48%	0.2%	0.2%
DECK	A	0.03%	0.22%	0.03%
DELL	C	0.59%	0.19%	0.19%
DGX	A	0.05%	0.1%	0.05%
DHI	D	0.17%	0.36%	0.17%
DPZ	C	0.03%	0.11%	0.03%
DVA	B	0.06%	0.1%	0.06%
DVN	F	0.08%	0.08%	0.08%
EBAY	D	0.05%	0.17%	0.05%
ELV	F	0.7%	0.28%	0.28%
EMN	D	0.05%	0.1%	0.05%
ESS	B	0.01%	0.11%	0.01%
ETR	B	0.08%	0.16%	0.08%
EXR	D	0.02%	0.11%	0.02%
FANG	D	0.05%	0.2%	0.05%
FAST	B	0.05%	0.33%	0.05%
FICO	B	0.01%	0.17%	0.01%
FOX	A	0.05%	0.11%	0.05%
FOXA	B	0.05%	0.11%	0.05%
GD	F	0.24%	0.39%	0.24%
GLW	B	0.08%	0.19%	0.08%
GM	B	1.22%	0.35%	0.35%
GOOG	C	1.01%	1.73%	1.01%
GOOGL	C	1.01%	2.04%	1.01%
GRMN	B	0.04%	0.25%	0.04%
GS	A	0.82%	0.6%	0.6%
GWW	B	0.11%	0.38%	0.11%
HCA	F	0.33%	0.49%	0.33%
HIG	B	0.14%	0.19%	0.14%
HLT	A	0.07%	0.33%	0.07%
HPE	B	0.2%	0.21%	0.2%
HPQ	B	0.32%	0.29%	0.29%
HWM	A	0.05%	0.25%	0.05%
IBM	C	0.33%	1.31%	0.33%
IP	B	0.12%	0.13%	0.12%
IRM	D	0.03%	0.18%	0.03%
ISRG	A	0.05%	1.3%	0.05%
JNJ	D	0.44%	1.55%	0.44%
JNPR	F	0.03%	0.09%	0.03%
JPM	A	1.74%	1.23%	1.23%
K	A	0.07%	0.1%	0.07%
KLAC	D	0.05%	0.67%	0.05%
KMB	D	0.1%	0.14%	0.1%
LDOS	C	0.09%	0.17%	0.09%
LEN	D	0.18%	0.3%	0.18%
LEN	D	0.18%	0.09%	0.09%
LLY	F	0.18%	1.31%	0.18%
LMT	D	0.37%	0.4%	0.37%
LRCX	F	0.08%	0.66%	0.08%
LYB	F	0.2%	0.16%	0.16%
MA	C	0.15%	1.79%	0.15%
MAS	D	0.04%	0.12%	0.04%
MCHP	D	0.03%	0.23%	0.03%
MCO	B	0.04%	0.56%	0.04%
META	D	0.91%	2.48%	0.91%
MO	A	0.12%	0.85%	0.12%
MPWR	F	0.01%	0.09%	0.01%
MRK	F	0.29%	1.21%	0.29%
MSFT	F	1.34%	5.96%	1.34%
MSI	B	0.06%	0.58%	0.06%
NRG	B	0.18%	0.12%	0.12%
NTAP	C	0.04%	0.21%	0.04%
NVDA	C	0.65%	6.71%	0.65%
NVR	D	0.05%	0.19%	0.05%
O	D	0.02%	0.15%	0.02%
OMC	C	0.09%	0.09%	0.09%
ORCL	B	0.34%	0.88%	0.34%
PCAR	B	0.23%	0.44%	0.23%
PEG	A	0.06%	0.22%	0.06%
PH	A	0.13%	0.52%	0.13%
PHM	D	0.09%	0.22%	0.09%
PKG	A	0.05%	0.15%	0.05%
PM	B	0.2%	0.71%	0.2%
PSA	D	0.02%	0.38%	0.02%
QCOM	F	0.2%	1.22%	0.2%
RCL	A	0.12%	0.17%	0.12%
REGN	F	0.05%	0.59%	0.05%
RL	B	0.04%	0.12%	0.04%
RMD	C	0.02%	0.13%	0.02%
ROL	B	0.02%	0.1%	0.02%
RSG	A	0.09%	0.31%	0.09%
RTX	C	0.4%	0.5%	0.4%
SO	D	0.14%	0.29%	0.14%
SPG	B	0.03%	0.46%	0.03%
STLD	B	0.12%	0.16%	0.12%
SWKS	F	0.02%	0.09%	0.02%
SYF	B	0.15%	0.21%	0.15%
SYK	C	0.12%	0.94%	0.12%
T	A	0.69%	1.07%	0.69%
TER	D	0.01%	0.08%	0.01%
TJX	A	0.31%	0.95%	0.31%
TMUS	B	0.51%	0.59%	0.51%
TSCO	D	0.08%	0.15%	0.08%
TSLA	B	0.71%	1.13%	0.71%
TT	A	0.12%	0.65%	0.12%
TXN	C	0.09%	1.24%	0.09%
UHS	D	0.07%	0.1%	0.07%
UNH	C	2.1%	0.52%	0.52%
URI	B	0.09%	0.38%	0.09%
VICI	C	0.02%	0.1%	0.02%
VRTX	F	0.06%	0.92%	0.06%
VZ	C	0.68%	1.24%	0.68%
WAB	B	0.07%	0.17%	0.07%
WM	A	0.12%	0.67%	0.12%
WMT	A	3.83%	1.68%	1.68%
XOM	B	2.04%	0.63%	0.63%

RWL Overweight 363 Positions Relative to FLQL

Symbol	Grade	Weight
MCK	B	2.03%
CVS	D	1.9%
COR	B	1.58%
CAH	B	1.34%
CVX	A	1.25%
BAC	A	1.24%
F	C	1.03%
WFC	A	0.93%
HD	A	0.89%
KR	B	0.87%
PSX	C	0.86%
VLO	C	0.8%
MPC	D	0.79%
WBA	F	0.77%
MS	A	0.76%
CMCSA	B	0.73%
CNC	D	0.68%
TGT	F	0.6%
DIS	B	0.59%
UAL	A	0.56%
HUM	C	0.54%
UPS	C	0.51%
LOW	D	0.49%
FDX	B	0.49%
PEP	F	0.47%
AXP	A	0.44%
PG	A	0.44%
ADM	D	0.42%
SYY	B	0.42%
MET	A	0.41%
INTC	D	0.39%
PGR	A	0.38%
COF	B	0.38%
ACN	C	0.37%
BA	F	0.36%
PRU	A	0.36%
CHTR	C	0.35%
COP	C	0.34%
CSCO	B	0.34%
ALL	A	0.34%
DE	A	0.31%
TSN	B	0.3%
BMY	B	0.3%
BG	F	0.28%
NKE	D	0.27%
PFE	D	0.27%
USB	A	0.26%
CRM	B	0.26%
TRV	B	0.26%
GEV	B	0.25%
WBD	C	0.25%
AIG	B	0.24%
NFLX	A	0.24%
HON	B	0.23%
BK	A	0.23%
NOC	D	0.22%
UBER	D	0.22%
ABT	B	0.22%
KO	D	0.22%
V	A	0.21%
PYPL	B	0.21%
SLB	C	0.21%
DOW	F	0.21%
PNC	B	0.21%
GE	D	0.21%
DG	F	0.2%
SBUX	A	0.2%
CBRE	B	0.2%
TMO	F	0.2%
JBL	B	0.2%
BKR	B	0.19%
MOH	F	0.18%
SCHW	B	0.18%
CCL	B	0.18%
NUE	C	0.18%
LUV	C	0.17%
GILD	C	0.17%
MDT	D	0.17%
LYV	A	0.17%
MDLZ	F	0.17%
PARA	C	0.17%
JCI	C	0.17%
LIN	D	0.17%
DUK	C	0.16%
TFC	A	0.16%
ETN	A	0.16%
KKR	A	0.16%
DLTR	F	0.16%
MAR	B	0.16%
DFS	B	0.16%
PWR	A	0.15%
EOG	A	0.15%
OXY	D	0.15%
FCX	D	0.14%
HAL	C	0.14%
CEG	D	0.14%
KMX	B	0.14%
MCD	D	0.14%
PCG	A	0.14%
MMC	B	0.13%
UNP	C	0.13%
BLK	C	0.13%
CARR	D	0.13%
MU	D	0.13%
KHC	F	0.13%
SHW	A	0.13%
FI	A	0.13%
MMM	D	0.13%
VST	B	0.13%
TRGP	B	0.12%
AMD	F	0.12%
EMR	A	0.12%
EXC	C	0.12%
AMP	A	0.12%
DHR	F	0.12%
NEE	D	0.12%
SW	A	0.12%
STT	A	0.12%
OKE	A	0.12%
LHX	C	0.12%
BDX	F	0.11%
ROST	C	0.11%
KMI	A	0.11%
RJF	A	0.11%
ADBE	C	0.11%
GPC	D	0.11%
ADP	B	0.11%
INTU	C	0.1%
NTRS	A	0.1%
GIS	D	0.1%
MGM	D	0.1%
PPG	F	0.1%
L	A	0.1%
ORLY	B	0.1%
AEP	D	0.1%
EXPE	B	0.1%
AZO	C	0.1%
GEHC	F	0.1%
CSX	B	0.09%
KVUE	A	0.09%
APTV	D	0.09%
EIX	B	0.09%
VTRS	A	0.09%
J	F	0.09%
MTB	A	0.09%
PFG	D	0.09%
BLDR	D	0.09%
CTVA	C	0.09%
ITW	B	0.09%
CDW	F	0.09%
LVS	C	0.08%
HBAN	A	0.08%
HES	B	0.08%
SRE	A	0.08%
XEL	A	0.08%
FITB	A	0.08%
OTIS	C	0.08%
BWA	D	0.08%
EG	C	0.08%
AON	A	0.08%
ECL	D	0.08%
NOW	A	0.07%
EL	F	0.07%
BAX	D	0.07%
ABNB	C	0.07%
DRI	B	0.07%
BALL	D	0.07%
FE	C	0.07%
MOS	F	0.07%
DD	D	0.07%
LULU	C	0.07%
NCLH	B	0.07%
BX	A	0.07%
WDC	D	0.07%
WMB	A	0.07%
KEY	B	0.07%
NXPI	D	0.07%
IQV	D	0.07%
AIZ	A	0.07%
NSC	B	0.07%
SPGI	C	0.07%
WRB	A	0.07%
SWK	D	0.07%
KDP	D	0.07%
LH	C	0.07%
APD	A	0.07%
JBHT	C	0.07%
ED	D	0.07%
TAP	C	0.07%
D	C	0.07%
TXT	D	0.07%
LKQ	D	0.07%
ICE	C	0.06%
ES	D	0.06%
CAG	D	0.06%
IPG	D	0.06%
GPN	B	0.06%
FIS	C	0.06%
WTW	B	0.06%
AJG	B	0.06%
RF	A	0.06%
NEM	D	0.06%
HRL	D	0.06%
CZR	F	0.06%
ULTA	F	0.06%
DTE	C	0.06%
CINF	A	0.06%
HSIC	B	0.06%
CPB	D	0.05%
PPL	B	0.05%
WYNN	D	0.05%
EQIX	A	0.05%
WEC	A	0.05%
ALB	C	0.05%
HII	D	0.05%
BEN	C	0.05%
VMC	B	0.05%
TPR	B	0.05%
PANW	C	0.05%
EXPD	D	0.05%
CNP	B	0.05%
AMT	D	0.05%
DOV	A	0.05%
AES	F	0.05%
ROK	B	0.05%
STZ	D	0.05%
MHK	D	0.05%
IFF	D	0.05%
HSY	F	0.05%
IVZ	B	0.04%
IT	C	0.04%
TTWO	A	0.04%
SNA	A	0.04%
ADSK	A	0.04%
ROP	B	0.04%
PLD	D	0.04%
ODFL	B	0.04%
FTNT	C	0.04%
BR	A	0.04%
SNPS	B	0.04%
NDAQ	A	0.04%
CLX	B	0.04%
CMS	C	0.04%
TDG	D	0.04%
WY	D	0.04%
MRO	B	0.04%
YUM	B	0.04%
ON	D	0.04%
WELL	A	0.04%
MLM	B	0.04%
AEE	A	0.04%
ZBH	C	0.04%
TROW	B	0.04%
SJM	D	0.04%
AVY	D	0.04%
XYL	D	0.04%
BIIB	F	0.04%
AME	A	0.04%
SOLV	C	0.04%
IR	B	0.04%
LW	C	0.04%
ZTS	D	0.04%
MNST	C	0.04%
EA	A	0.04%
VTR	C	0.03%
CPAY	A	0.03%
EFX	F	0.03%
TRMB	B	0.03%
CDNS	B	0.03%
CRWD	B	0.03%
INCY	C	0.03%
VLTO	D	0.03%
PNR	A	0.03%
BRO	B	0.03%
CPRT	A	0.03%
STE	F	0.03%
PNW	B	0.03%
ZBRA	B	0.03%
KEYS	A	0.03%
GNRC	B	0.03%
GDDY	A	0.03%
POOL	C	0.03%
HST	C	0.03%
NI	A	0.03%
EPAM	C	0.03%
NWSA	B	0.03%
PAYX	C	0.03%
CCI	D	0.03%
EW	C	0.03%
EVRG	A	0.03%
NWS	B	0.03%
SMCI	F	0.03%
EQT	B	0.03%
GL	B	0.03%
MKC	D	0.03%
CME	A	0.03%
HUBB	B	0.03%
CTRA	B	0.03%
DLR	B	0.03%
A	D	0.03%
TDY	B	0.03%
CHD	B	0.03%
STX	D	0.03%
FTV	C	0.03%
CE	F	0.03%
ERIE	D	0.02%
VRSK	A	0.02%
MRNA	F	0.02%
AXON	A	0.02%
MSCI	C	0.02%
MTCH	D	0.02%
FSLR	F	0.02%
IDXX	F	0.02%
WST	C	0.02%
FFIV	B	0.02%
WAT	B	0.02%
BXP	D	0.02%
MTD	D	0.02%
AKAM	D	0.02%
FMC	D	0.02%
ALGN	D	0.02%
AOS	F	0.02%
CBOE	B	0.02%
IEX	B	0.02%
ALLE	D	0.02%
HOLX	D	0.02%
AWK	D	0.02%
LNT	A	0.02%
CRL	C	0.02%
PLTR	B	0.02%
HAS	D	0.02%
DXCM	D	0.02%
ATO	A	0.02%
CTLT	B	0.02%
GEN	B	0.02%
FRT	B	0.01%
TECH	D	0.01%
REG	B	0.01%
CPT	B	0.01%
VRSN	F	0.01%
UDR	B	0.01%
KIM	A	0.01%
TYL	B	0.01%
MAA	B	0.01%
PODD	C	0.01%
DAY	B	0.01%
JKHY	D	0.01%
DOC	D	0.01%
PAYC	B	0.01%
TFX	F	0.01%
INVH	D	0.01%
SBAC	D	0.01%
QRVO	F	0.01%
FDS	B	0.01%
PTC	A	0.01%
CSGP	D	0.01%
ANSS	B	0.01%
RVTY	F	0.01%
ARE	D	0.01%
NDSN	B	0.01%
EQR	B	0.01%
MKTX	D	0.0%
ENPH	F	0.0%

RWL Underweight 73 Positions Relative to FLQL

Symbol	Grade	Weight
APP	B	-0.42%
SPOT	B	-0.22%
TPL	A	-0.16%
LII	A	-0.15%
CSL	C	-0.15%
WSM	B	-0.15%
WSO	A	-0.13%
OC	A	-0.13%
TOL	B	-0.13%
TNL	A	-0.12%
EME	C	-0.12%
AWI	A	-0.12%
JEF	A	-0.12%
AYI	B	-0.12%
EVR	B	-0.12%
UTHR	C	-0.12%
FIX	A	-0.12%
ALSN	B	-0.12%
DTM	B	-0.12%
AXS	A	-0.11%
LNC	B	-0.11%
BJ	A	-0.11%
MUSA	A	-0.11%
PPC	C	-0.11%
CW	B	-0.11%
R	B	-0.11%
LOPE	B	-0.11%
CASY	A	-0.11%
RGA	A	-0.11%
G	B	-0.11%
TXRH	C	-0.11%
JHG	A	-0.11%
THC	D	-0.11%
UGI	A	-0.1%
OHI	C	-0.1%
SCCO	F	-0.1%
CLH	B	-0.1%
LAMR	D	-0.1%
NFG	A	-0.1%
ADC	B	-0.1%
DKS	C	-0.1%
KRC	C	-0.1%
INGR	B	-0.1%
KEX	C	-0.1%
RGLD	C	-0.1%
EHC	B	-0.1%
CUZ	B	-0.1%
WU	D	-0.09%
NNN	D	-0.09%
EPR	D	-0.09%
PK	B	-0.09%
SNX	C	-0.09%
CACI	D	-0.09%
NEU	C	-0.09%
GAP	C	-0.09%
GPK	C	-0.09%
CHE	D	-0.09%
HRB	D	-0.09%
GLPI	C	-0.09%
AVT	C	-0.09%
MTG	C	-0.09%
M	D	-0.09%
SSNC	B	-0.09%
HIW	D	-0.09%
CRI	D	-0.08%
WING	D	-0.08%
COKE	C	-0.08%
CIVI	D	-0.08%
MEDP	D	-0.08%
CROX	D	-0.07%
OGN	D	-0.07%
CRUS	D	-0.07%
MDU	D	-0.07%