SPYV vs. FLQL ETF Comparison

Comparison of SPDR S&P 500 Value ETF (based on S&P 500 Value Index) (SPYV) to Franklin LibertyQ U.S. Equity ETF (FLQL)

SPYV

SPDR S&P 500 Value ETF (based on S&P 500 Value Index)

SPYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization value sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.67

Average Daily Volume

2,147,969

Number of Holdings ^*

433

* 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	SPYV	FLQL
30 Days	2.77%	2.44%
60 Days	4.01%	3.55%
90 Days	6.06%	4.50%
12 Months	26.94%	31.26%

108 Overlapping Holdings

Symbol	Grade	Weight in SPYV	Weight in FLQL	Overlap
ABBV	D	0.88%	1.33%	0.88%
ADI	D	0.2%	0.32%	0.2%
AFL	B	0.26%	0.23%	0.23%
AMCR	D	0.07%	0.09%	0.07%
AMGN	D	0.75%	1.05%	0.75%
APH	A	0.18%	0.6%	0.18%
AVB	B	0.15%	0.1%	0.1%
BBY	D	0.08%	0.11%	0.08%
BRK.A	B	4.01%	1.11%	1.11%
BSX	B	0.27%	0.84%	0.27%
C	A	0.61%	0.97%	0.61%
CAT	B	0.37%	1.27%	0.37%
CB	C	0.5%	0.56%	0.5%
CF	B	0.03%	0.11%	0.03%
CFG	B	0.1%	0.13%	0.1%
CHRW	C	0.06%	0.1%	0.06%
CI	F	0.42%	0.56%	0.42%
CL	D	0.21%	0.52%	0.21%
CMI	A	0.23%	0.26%	0.23%
COST	B	1.11%	1.7%	1.11%
CTAS	B	0.16%	0.46%	0.16%
CTSH	B	0.19%	0.24%	0.19%
DAL	C	0.09%	0.2%	0.09%
DELL	C	0.08%	0.19%	0.08%
DGX	A	0.08%	0.1%	0.08%
DPZ	C	0.04%	0.11%	0.04%
DVA	B	0.01%	0.1%	0.01%
DVN	F	0.12%	0.08%	0.08%
EBAY	D	0.14%	0.17%	0.14%
ELV	F	0.44%	0.28%	0.28%
EMN	D	0.06%	0.1%	0.06%
ESS	B	0.09%	0.11%	0.09%
ETR	B	0.15%	0.16%	0.15%
EXR	D	0.16%	0.11%	0.11%
FAST	B	0.11%	0.33%	0.11%
FOX	A	0.03%	0.11%	0.03%
FOXA	B	0.05%	0.11%	0.05%
GD	F	0.35%	0.39%	0.35%
GLW	B	0.17%	0.19%	0.17%
GM	B	0.3%	0.35%	0.3%
GRMN	B	0.07%	0.25%	0.07%
GS	A	0.87%	0.6%	0.6%
GWW	B	0.06%	0.38%	0.06%
HCA	F	0.16%	0.49%	0.16%
HIG	B	0.16%	0.19%	0.16%
HPE	B	0.13%	0.21%	0.13%
HPQ	B	0.17%	0.29%	0.17%
HWM	A	0.09%	0.25%	0.09%
IBM	C	0.9%	1.31%	0.9%
IP	B	0.09%	0.13%	0.09%
IRM	D	0.08%	0.18%	0.08%
ISRG	A	0.3%	1.3%	0.3%
JNJ	D	1.71%	1.55%	1.55%
JNPR	F	0.06%	0.09%	0.06%
JPM	A	3.22%	1.23%	1.23%
K	A	0.1%	0.1%	0.1%
KMB	D	0.21%	0.14%	0.14%
LDOS	C	0.11%	0.17%	0.11%
LEN	D	0.08%	0.3%	0.08%
LEN	D	0.08%	0.09%	0.08%
LMT	D	0.54%	0.4%	0.4%
LYB	F	0.1%	0.16%	0.1%
MA	C	0.56%	1.79%	0.56%
MAS	D	0.04%	0.12%	0.04%
MCHP	D	0.07%	0.23%	0.07%
MCO	B	0.19%	0.56%	0.19%
MO	A	0.44%	0.85%	0.44%
MRK	F	0.7%	1.21%	0.7%
MSI	B	0.16%	0.58%	0.16%
NRG	B	0.09%	0.12%	0.09%
NTAP	C	0.07%	0.21%	0.07%
O	D	0.23%	0.15%	0.15%
OMC	C	0.1%	0.09%	0.09%
PCAR	B	0.08%	0.44%	0.08%
PEG	A	0.2%	0.22%	0.2%
PH	A	0.09%	0.52%	0.09%
PKG	A	0.1%	0.15%	0.1%
PM	B	0.59%	0.71%	0.59%
PSA	D	0.14%	0.38%	0.14%
QCOM	F	0.41%	1.22%	0.41%
REGN	F	0.16%	0.59%	0.16%
RL	B	0.02%	0.12%	0.02%
RMD	C	0.16%	0.13%	0.13%
ROL	B	0.04%	0.1%	0.04%
RSG	A	0.09%	0.31%	0.09%
RTX	C	0.74%	0.5%	0.5%
SO	D	0.44%	0.29%	0.29%
SPG	B	0.16%	0.46%	0.16%
STLD	B	0.03%	0.16%	0.03%
SWKS	F	0.06%	0.09%	0.06%
SYF	B	0.12%	0.21%	0.12%
SYK	C	0.22%	0.94%	0.22%
T	A	0.75%	1.07%	0.75%
TER	D	0.08%	0.08%	0.08%
TJX	A	0.22%	0.95%	0.22%
TMUS	B	0.55%	0.59%	0.55%
TSCO	D	0.08%	0.15%	0.08%
TT	A	0.13%	0.65%	0.13%
TXN	C	0.56%	1.24%	0.56%
UHS	D	0.06%	0.1%	0.06%
UNH	C	1.59%	0.52%	0.52%
VICI	C	0.15%	0.1%	0.1%
VRTX	F	0.21%	0.92%	0.21%
VZ	C	0.81%	1.24%	0.81%
WAB	B	0.16%	0.17%	0.16%
WM	A	0.2%	0.67%	0.2%
WMT	A	1.72%	1.68%	1.68%
XOM	B	2.51%	0.63%	0.63%

SPYV Overweight 326 Positions Relative to FLQL

Symbol	Grade	Weight
BAC	A	1.45%
CVX	A	1.29%
HD	A	1.19%
WFC	A	1.16%
PG	A	1.12%
CSCO	B	1.09%
ABT	B	0.94%
DIS	B	0.93%
V	A	0.82%
CMCSA	B	0.79%
MS	A	0.77%
DHR	F	0.72%
LOW	D	0.72%
NEE	D	0.72%
HON	B	0.7%
PFE	D	0.69%
KO	D	0.69%
PEP	F	0.68%
BLK	C	0.68%
TMO	F	0.59%
BMY	B	0.56%
SCHW	B	0.56%
MCD	D	0.56%
GILD	C	0.54%
MU	D	0.52%
GE	D	0.52%
MDT	D	0.52%
PLD	D	0.5%
INTC	D	0.5%
ACN	C	0.49%
LIN	D	0.49%
UPS	C	0.46%
SPGI	C	0.43%
ICE	C	0.42%
PYPL	B	0.41%
DUK	C	0.4%
PNC	B	0.39%
USB	A	0.37%
UNP	C	0.37%
MCK	B	0.37%
WELL	A	0.36%
EMR	A	0.35%
ADP	B	0.35%
PGR	A	0.35%
MMM	D	0.34%
COF	B	0.33%
APD	A	0.33%
TGT	F	0.33%
NOC	D	0.32%
CVS	D	0.32%
BDX	F	0.31%
FDX	B	0.31%
SLB	C	0.29%
TFC	A	0.29%
NSC	B	0.28%
JCI	C	0.27%
BK	A	0.27%
SRE	A	0.27%
FI	A	0.27%
TRV	B	0.27%
ETN	A	0.26%
BA	F	0.26%
MMC	B	0.25%
AMT	D	0.25%
PSX	C	0.25%
MDLZ	F	0.24%
GEV	B	0.24%
CME	A	0.24%
ALL	A	0.24%
KMI	A	0.24%
NKE	D	0.24%
FIS	C	0.23%
AXP	A	0.23%
MET	A	0.23%
AIG	B	0.23%
AEP	D	0.23%
SBUX	A	0.22%
NEM	D	0.22%
LHX	C	0.22%
D	C	0.22%
CCI	D	0.21%
PCG	A	0.21%
VLO	C	0.21%
PRU	A	0.21%
SHW	A	0.21%
KVUE	A	0.21%
EQIX	A	0.21%
COR	B	0.2%
BKR	B	0.2%
F	C	0.2%
DE	A	0.2%
CBRE	B	0.19%
CTVA	C	0.19%
AON	A	0.19%
COP	C	0.19%
WMB	A	0.19%
KDP	D	0.18%
GEHC	F	0.18%
STZ	D	0.18%
A	D	0.18%
EXC	C	0.18%
XEL	A	0.18%
CEG	D	0.18%
KR	B	0.18%
ITW	B	0.18%
MTB	A	0.17%
ZTS	D	0.17%
GIS	D	0.17%
BX	A	0.17%
SYY	B	0.17%
HUM	C	0.16%
OXY	D	0.16%
ROP	B	0.16%
CSX	B	0.16%
DD	D	0.16%
FCX	D	0.15%
DOW	F	0.15%
AJG	B	0.15%
ADSK	A	0.15%
EIX	B	0.15%
FITB	A	0.15%
WTW	B	0.15%
DLR	B	0.15%
NDAQ	A	0.15%
CARR	D	0.15%
ED	D	0.15%
XYL	D	0.14%
GPN	B	0.14%
CAH	B	0.14%
ABNB	C	0.14%
RJF	A	0.14%
UAL	A	0.14%
WEC	A	0.14%
ECL	D	0.14%
CNC	D	0.14%
TROW	B	0.13%
KEYS	A	0.13%
DOV	A	0.13%
KHC	F	0.13%
STT	A	0.13%
PAYX	C	0.13%
PPG	F	0.13%
PPL	B	0.12%
DTE	C	0.12%
SW	A	0.12%
EQR	B	0.12%
EW	C	0.12%
ADM	D	0.12%
HBAN	A	0.12%
VLTO	D	0.12%
EQT	B	0.12%
AWK	D	0.12%
AMP	A	0.12%
EOG	A	0.12%
VTR	C	0.12%
HAL	C	0.12%
WY	D	0.11%
IFF	D	0.11%
AME	A	0.11%
CINF	A	0.11%
MPC	D	0.11%
OKE	A	0.11%
AEE	A	0.11%
RF	A	0.11%
BIIB	F	0.11%
OTIS	C	0.11%
ZBRA	B	0.1%
CLX	B	0.1%
MSCI	C	0.1%
CHTR	C	0.1%
WDC	D	0.1%
YUM	B	0.1%
FSLR	F	0.1%
FE	C	0.1%
NTRS	A	0.1%
IQV	D	0.1%
ES	D	0.1%
WBD	C	0.1%
EA	A	0.1%
ZBH	C	0.1%
TDY	B	0.1%
ATO	A	0.1%
TSN	B	0.09%
VRSK	A	0.09%
PFG	D	0.09%
MAA	B	0.09%
BALL	D	0.09%
MKC	D	0.09%
INVH	D	0.09%
ORLY	B	0.09%
LUV	C	0.09%
CNP	B	0.09%
EFX	F	0.09%
LH	C	0.09%
DFS	B	0.09%
CMS	C	0.09%
ON	D	0.08%
TXT	D	0.08%
NI	A	0.08%
AVY	D	0.08%
BAX	D	0.08%
GEN	B	0.08%
MTD	D	0.08%
HSY	F	0.08%
AZO	C	0.08%
KIM	A	0.08%
ARE	D	0.08%
ROK	B	0.08%
DG	F	0.08%
TRMB	B	0.08%
GPC	D	0.08%
IEX	B	0.08%
CSGP	D	0.08%
J	F	0.08%
KEY	B	0.08%
WRB	A	0.08%
HOLX	D	0.08%
CDW	F	0.07%
NDSN	B	0.07%
SBAC	D	0.07%
WAT	B	0.07%
FFIV	B	0.07%
NXPI	D	0.07%
RVTY	F	0.07%
CHD	B	0.07%
APTV	D	0.07%
EVRG	A	0.07%
TTWO	A	0.07%
PWR	A	0.07%
JBHT	C	0.07%
DOC	D	0.07%
VTRS	A	0.07%
L	A	0.07%
EL	F	0.07%
LNT	A	0.07%
IDXX	F	0.07%
MNST	C	0.07%
EG	C	0.07%
SJM	D	0.06%
ALB	C	0.06%
STX	D	0.06%
REG	B	0.06%
MLM	B	0.06%
KMX	B	0.06%
BG	F	0.06%
INCY	C	0.06%
JKHY	D	0.06%
HUBB	B	0.06%
ANSS	B	0.06%
CPT	B	0.06%
NUE	C	0.06%
CAG	D	0.06%
SWK	D	0.06%
DLTR	F	0.06%
TPR	B	0.06%
MRNA	F	0.06%
UDR	B	0.06%
VMC	B	0.06%
IR	B	0.05%
STE	F	0.05%
GL	B	0.05%
AES	F	0.05%
FDS	B	0.05%
MKTX	D	0.05%
CRL	C	0.05%
LKQ	D	0.05%
PNW	B	0.05%
SNA	A	0.05%
CTLT	B	0.05%
EXPD	D	0.05%
IPG	D	0.05%
TAP	C	0.05%
NWSA	B	0.05%
AIZ	A	0.05%
PODD	C	0.05%
BR	A	0.05%
TECH	D	0.05%
BXP	D	0.05%
DXCM	D	0.05%
ALLE	D	0.04%
MRO	B	0.04%
HII	D	0.04%
BWA	D	0.04%
IVZ	B	0.04%
VRSN	F	0.04%
MTCH	D	0.04%
HAS	D	0.04%
MOS	F	0.04%
EPAM	C	0.04%
HSIC	B	0.04%
FRT	B	0.04%
CPB	D	0.04%
HRL	D	0.04%
TFX	F	0.04%
PTC	A	0.04%
SOLV	C	0.04%
DRI	B	0.04%
ENPH	F	0.03%
DAY	B	0.03%
BRO	B	0.03%
POOL	C	0.03%
ULTA	F	0.03%
QRVO	F	0.03%
WBA	F	0.03%
PAYC	B	0.03%
CTRA	B	0.03%
LVS	C	0.03%
BEN	C	0.03%
JBL	B	0.03%
PARA	C	0.03%
FMC	D	0.03%
ALGN	D	0.03%
AKAM	D	0.03%
CCL	B	0.03%
MHK	D	0.03%
MOH	F	0.03%
CBOE	B	0.03%
AOS	F	0.02%
CZR	F	0.02%
NWS	B	0.02%
LW	C	0.02%
ERIE	D	0.02%
GNRC	B	0.02%
HST	C	0.02%
PNR	A	0.02%
MGM	D	0.01%

SPYV Underweight 102 Positions Relative to FLQL

Symbol	Grade	Weight
AAPL	C	-7.0%
NVDA	C	-6.71%
MSFT	F	-5.96%
AMZN	C	-2.92%
META	D	-2.48%
GOOGL	C	-2.04%
AVGO	D	-1.77%
GOOG	C	-1.73%
LLY	F	-1.31%
BKNG	A	-1.19%
TSLA	B	-1.13%
AMAT	F	-0.96%
ORCL	B	-0.88%
ANET	C	-0.77%
KLAC	D	-0.67%
LRCX	F	-0.66%
CMG	B	-0.57%
APP	B	-0.42%
URI	B	-0.38%
DHI	D	-0.36%
HLT	A	-0.33%
ACGL	D	-0.26%
SPOT	B	-0.22%
PHM	D	-0.22%
DECK	A	-0.22%
FANG	D	-0.2%
NVR	D	-0.19%
FICO	B	-0.17%
RCL	A	-0.17%
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%
MPWR	F	-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%
APA	D	-0.08%
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%