This exchange-traded fund allocates a minimum of 80% of its assets to the constituent equities of its benchmark index, or to depositary receipts representing those same investments. The benchmark index itself is derived from the Morningstar® Developed Markets ex-North America Target Market Exposure Index. It is engineered using a sophisticated optimization methodology applied to this foundational index, with the dual objectives of generating a superior dividend yield and rigorously managing any anticipated performance divergence relative to its parent index.

Rogers Corporation

ASML Holding N.V.

Novan, Inc.

GSK plc

Carlisle Cos.

Banco Santander, S.A.

BHP Group Limited

Rio Tinto Group

Western Midstream Partners, LP

American Airlines Group Inc.

Healthcare

Basic Materials

Consumer Defensive

Communication Services

Industrials

Consumer Cyclical

Energy

Financial Services

Technology

Real Estate

Franklin LibertyQ International Equity Hedged ETF

The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the Morningstar® Developed Markets ex-North America Target Market Exposure Index and is constructed by applying an optimization process to the Parent Index that aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index.

FLQH Holdings & Sector Breakdown

FLQH Holdings & Sector Breakdown