SPMV vs. FLQL ETF Comparison

Comparison of Invesco S&P 500 Minimum Variance ETF (SPMV) to Franklin LibertyQ U.S. Equity ETF (FLQL)

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$46.79

Average Daily Volume

432

Number of Holdings ^*

* 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

$58.15

Average Daily Volume

52,140

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

Performance

Period	SPMV	FLQL
30 Days	1.67%	1.38%
60 Days	6.61%	5.71%
90 Days	7.09%	3.88%
12 Months	30.83%	36.03%

30 Overlapping Holdings

Symbol	Grade	Weight in SPMV	Weight in FLQL	Overlap
AAPL	B	2.92%	7.04%	2.92%
ACGL	C	0.26%	0.3%	0.26%
AMGN	D	0.35%	1.26%	0.35%
AMZN	C	2.95%	2.84%	2.84%
AVGO	C	2.23%	1.89%	1.89%
BRK.A	C	2.86%	1.06%	1.06%
CB	B	2.62%	0.57%	0.57%
ELV	D	0.59%	0.38%	0.38%
GD	C	0.06%	0.42%	0.06%
GOOG	D	0.54%	1.62%	0.54%
IBM	B	0.57%	1.41%	0.57%
JNJ	C	1.26%	1.65%	1.26%
JPM	D	0.53%	1.07%	0.53%
LLY	D	0.78%	1.68%	0.78%
META	B	0.32%	2.56%	0.32%
MRK	F	2.81%	1.45%	1.45%
MSFT	C	2.91%	6.21%	2.91%
NVDA	C	3.02%	5.84%	3.02%
ORCL	B	1.97%	0.8%	0.8%
QCOM	D	2.96%	1.25%	1.25%
REGN	D	1.51%	0.82%	0.82%
RSG	D	0.53%	0.3%	0.3%
RTX	B	0.66%	0.51%	0.51%
SO	A	0.48%	0.3%	0.3%
T	B	0.27%	1.01%	0.27%
TJX	C	0.49%	0.94%	0.49%
TMUS	B	2.92%	0.5%	0.5%
VRTX	D	2.34%	0.92%	0.92%
VZ	B	1.02%	1.32%	1.02%
XOM	B	0.64%	0.62%	0.62%

SPMV Overweight 45 Positions Relative to FLQL

Symbol	Grade	Weight
CSCO	A	3.07%
AON	C	2.87%
MDLZ	C	2.85%
PG	C	2.84%
MMC	D	2.79%
ABT	C	2.76%
GEV	B	2.75%
AJG	D	2.5%
HD	A	2.19%
AMT	C	2.12%
ADBE	F	2.06%
ZTS	B	1.85%
NEE	B	1.78%
GIS	C	1.71%
PGR	C	1.59%
VRSK	D	1.57%
NOW	C	1.51%
CRM	C	1.37%
SRE	A	1.36%
DUK	C	1.36%
PFE	D	1.15%
HSY	D	1.13%
AEP	B	0.98%
AEE	A	0.94%
TRV	C	0.91%
TDY	B	0.87%
MKC	C	0.84%
CCI	B	0.78%
BRO	B	0.76%
INTU	D	0.69%
NEM	C	0.6%
IDXX	D	0.45%
TSN	D	0.39%
HRL	F	0.39%
BIIB	F	0.37%
KHC	C	0.32%
ACN	C	0.31%
ADM	D	0.29%
AIG	D	0.25%
PCG	C	0.23%
CVS	D	0.23%
XEL	A	0.17%
TRMB	C	0.09%
GILD	B	0.08%
BA	F	0.05%

SPMV Underweight 180 Positions Relative to FLQL

Symbol	Grade	Weight
GOOGL	D	-1.9%
MA	B	-1.69%
COST	C	-1.68%
WMT	B	-1.63%
ABBV	B	-1.56%
CAT	B	-1.29%
TXN	B	-1.24%
ISRG	B	-1.2%
AMAT	C	-1.11%
BKNG	B	-1.0%
SYK	C	-0.88%
C	C	-0.87%
TSLA	B	-0.86%
KLAC	D	-0.85%
ANET	B	-0.81%
BSX	B	-0.78%
MO	C	-0.77%
LRCX	D	-0.75%
PM	C	-0.66%
WM	D	-0.64%
CI	D	-0.62%
TT	A	-0.62%
HCA	A	-0.59%
MCO	C	-0.58%
APH	C	-0.58%
CL	C	-0.58%
CMG	D	-0.57%
MSI	A	-0.53%
GS	B	-0.51%
UNH	B	-0.51%
PH	B	-0.47%
DHI	C	-0.44%
LMT	A	-0.44%
SPG	B	-0.44%
CTAS	B	-0.44%
PCAR	D	-0.4%
PSA	A	-0.4%
URI	B	-0.37%
ADI	C	-0.35%
LEN	B	-0.33%
GWW	B	-0.33%
GM	D	-0.31%
HLT	B	-0.31%
FAST	C	-0.3%
HPQ	C	-0.28%
MCHP	D	-0.27%
PHM	B	-0.25%
CTSH	B	-0.24%
AFL	A	-0.23%
NVR	A	-0.23%
CMI	B	-0.23%
HWM	A	-0.22%
PEG	A	-0.22%
NTAP	D	-0.22%
GRMN	D	-0.21%
DECK	C	-0.2%
FANG	F	-0.2%
HPE	C	-0.19%
APP	B	-0.19%
IRM	B	-0.19%
GLW	B	-0.19%
HIG	A	-0.19%
WSM	C	-0.18%
LYB	D	-0.18%
EBAY	A	-0.18%
DELL	D	-0.17%
O	A	-0.17%
SPOT	C	-0.17%
SYF	C	-0.16%
WAB	B	-0.16%
LDOS	A	-0.16%
FICO	B	-0.15%
STLD	C	-0.15%
LII	C	-0.15%
KMB	C	-0.15%
CSL	A	-0.15%
DAL	C	-0.15%
TSCO	A	-0.15%
RMD	C	-0.14%
ETR	A	-0.14%
MPWR	B	-0.14%
THC	B	-0.13%
BBY	A	-0.13%
RCL	B	-0.13%
MAS	A	-0.13%
TOL	B	-0.13%
PKG	B	-0.13%
CFG	D	-0.12%
EXR	B	-0.12%
WSO	C	-0.12%
UHS	C	-0.12%
DPZ	D	-0.11%
DVA	B	-0.11%
RGA	C	-0.11%
TPL	C	-0.11%
EVR	C	-0.11%
FIX	B	-0.11%
LAMR	B	-0.11%
KRC	C	-0.11%
TER	C	-0.11%
VICI	B	-0.11%
SCCO	C	-0.11%
UTHR	B	-0.11%
CF	B	-0.11%
RL	B	-0.11%
NRG	B	-0.11%
DKS	D	-0.11%
SWKS	F	-0.11%
IP	C	-0.11%
ESS	C	-0.11%
OC	C	-0.11%
GPK	C	-0.1%
AMCR	B	-0.1%
NEU	D	-0.1%
LNC	C	-0.1%
GLPI	B	-0.1%
WU	D	-0.1%
K	A	-0.1%
MTG	B	-0.1%
JNPR	B	-0.1%
PK	D	-0.1%
UGI	B	-0.1%
SSNC	C	-0.1%
DTM	B	-0.1%
MEDP	F	-0.1%
G	B	-0.1%
OMC	A	-0.1%
AXS	A	-0.1%
INGR	A	-0.1%
HRB	C	-0.1%
CHE	C	-0.1%
FOX	A	-0.1%
ALSN	B	-0.1%
LEN	B	-0.1%
LOPE	D	-0.1%
ROL	B	-0.1%
CROX	C	-0.1%
CRI	D	-0.1%
ADC	B	-0.1%
NFG	A	-0.1%
FOXA	A	-0.1%
RGLD	C	-0.1%
NNN	B	-0.1%
TNL	C	-0.1%
JHG	B	-0.1%
CW	B	-0.1%
EHC	B	-0.1%
BJ	D	-0.1%
OHI	B	-0.1%
CACI	A	-0.1%
R	C	-0.1%
EPR	B	-0.1%
CASY	D	-0.1%
CLH	C	-0.1%
TXRH	B	-0.1%
EMN	B	-0.1%
WING	C	-0.1%
HIW	B	-0.1%
AVB	C	-0.1%
KEX	C	-0.1%
AYI	A	-0.1%
JEF	C	-0.1%
CUZ	C	-0.1%
EME	B	-0.1%
MDU	B	-0.1%
CHRW	A	-0.1%
AWI	B	-0.1%
CIVI	F	-0.09%
OGN	D	-0.09%
APA	F	-0.09%
COKE	C	-0.09%
GAP	D	-0.09%
DVN	F	-0.09%
PPC	D	-0.09%
SNX	C	-0.09%
M	D	-0.09%
DGX	B	-0.09%
AVT	B	-0.09%
MUSA	D	-0.08%
CRUS	D	-0.08%