BUYZ vs. FWD ETF Comparison

Comparison of Franklin Disruptive Commerce ETF (BUYZ) to AB Disruptors ETF (FWD)

BUYZ

Franklin Disruptive Commerce ETF

BUYZ 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 disruptive commerce. The fund invests predominantly in common stock. Although it may invest across economic sectors, the fund concentrates its investments in consumer discretionary related industries. It is non-diversified. Seeks capital appreciation by investing in innovative companies benefitting from transformation in the e-commerce space. Provides access to companies that are related to new online markets, streamlined procurement systems, and game-changing ways to deliver goods and services

Grade (RS Rating)

Last Trade

$38.11

Average Daily Volume

5,359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FWD

AB Disruptors ETF

FWD Description

FWD seeks capital growth by actively investing in companies globally, believed to be at the forefront of innovative growth trends. The funds adviser considers such companies as market disrupters. Many may utilize technology to enhance or create new demand for their product or service. The selection process combines a top-down evaluation of macroeconomic growth trends with fundamental, bottom-up analysis of individual companies. Factors such as current and projected profitability, pricing power, competitiveness, technological superiority, and management robustness of a company are considered. Targeted themes may include cloud infrastructure & AI, energy transition, transportation & logistics, medical innovation, digital transactions & media, and industrial innovation. The resulting portfolio of 80-120 stocks is considered non-diversified and may heavily focus on industries within the Information Technology sector.

Grade (RS Rating)

Last Trade

$83.95

Average Daily Volume

20,955

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BUYZ	FWD
30 Days	9.60%	6.41%
60 Days	11.14%	8.28%
90 Days	15.79%	8.11%
12 Months	40.98%	46.37%

15 Overlapping Holdings

Symbol	Grade	Weight in BUYZ	Weight in FWD	Overlap
ABNB	C	0.99%	0.46%	0.46%
AFRM	B	0.34%	0.66%	0.34%
AMZN	C	8.84%	1.73%	1.73%
BKNG	A	4.48%	0.63%	0.63%
DASH	A	6.3%	1.06%	1.06%
GOOGL	C	0.98%	1.3%	0.98%
HUBS	A	0.26%	0.65%	0.26%
MELI	D	4.35%	0.62%	0.62%
META	D	2.09%	1.41%	1.41%
NFLX	A	3.02%	1.54%	1.54%
RBLX	C	0.49%	0.72%	0.49%
SHOP	B	6.98%	1.39%	1.39%
SPOT	B	0.58%	1.16%	0.58%
TTD	B	1.23%	1.05%	1.05%
UBER	D	3.83%	0.52%	0.52%

BUYZ Overweight 43 Positions Relative to FWD

Symbol	Grade	Weight
COST	B	5.66%
GWW	B	5.08%
MA	C	3.2%
V	A	2.98%
MANH	D	2.76%
FAST	B	2.43%
MMYT	B	2.31%
CPRT	A	1.96%
APP	B	1.73%
XPO	B	1.38%
GLBE	B	1.37%
FRPT	B	1.22%
PDD	F	1.22%
PKG	A	1.15%
BABA	D	1.08%
EXPE	B	0.94%
EBAY	D	0.81%
SE	B	0.61%
SPSC	C	0.6%
WIX	B	0.6%
JKHY	D	0.6%
TOST	B	0.56%
GDDY	A	0.53%
ADSK	A	0.5%
LQDT	B	0.5%
PYPL	B	0.5%
CPNG	D	0.49%
CVNA	B	0.49%
TRU	D	0.46%
GPK	C	0.42%
DESP	B	0.29%
CHWY	B	0.28%
FOUR	B	0.25%
DUOL	A	0.25%
RBA	A	0.25%
SQ	B	0.24%
PLD	D	0.24%
ODFL	B	0.23%
LYFT	C	0.23%
RVLV	B	0.21%
ETSY	D	0.19%
FICO	B	0.18%
CSGP	D	0.18%

BUYZ Underweight 64 Positions Relative to FWD

Symbol	Grade	Weight
NVDA	C	-5.29%
TSLA	B	-3.08%
VST	B	-2.35%
GEV	B	-2.15%
ORCL	B	-1.81%
VRT	B	-1.67%
ISRG	A	-1.62%
BSX	B	-1.56%
ANET	C	-1.53%
TXN	C	-1.51%
PLTR	B	-1.33%
AVGO	D	-1.29%
HWM	A	-1.21%
FTNT	C	-1.15%
EPAM	C	-1.14%
CRWD	B	-1.11%
ETN	A	-1.09%
APO	B	-1.09%
COHR	B	-1.06%
TT	A	-1.05%
MRVL	B	-1.02%
MU	D	-1.01%
DDOG	A	-0.99%
CAT	B	-0.98%
ON	D	-0.98%
IOT	A	-0.98%
TEAM	A	-0.95%
LSCC	D	-0.94%
LRCX	F	-0.94%
TER	D	-0.93%
ARM	D	-0.91%
MDB	C	-0.91%
AMAT	F	-0.87%
WAB	B	-0.86%
BKR	B	-0.85%
SYK	C	-0.81%
NEE	D	-0.79%
GWRE	A	-0.79%
LLY	F	-0.76%
CIEN	B	-0.74%
FROG	C	-0.74%
MNDY	C	-0.74%
ABBV	D	-0.73%
SNPS	B	-0.72%
ADBE	C	-0.71%
AMD	F	-0.7%
MSFT	F	-0.7%
LITE	B	-0.66%
SLAB	D	-0.65%
ADI	D	-0.63%
TMO	F	-0.58%
ILMN	D	-0.56%
NOW	A	-0.55%
GTLB	B	-0.53%
RDDT	B	-0.53%
ABT	B	-0.52%
CRL	C	-0.5%
BSY	D	-0.48%
CFLT	B	-0.48%
IPGP	D	-0.44%
IQV	D	-0.43%
FCX	D	-0.42%
RGEN	D	-0.41%
Z	A	-0.4%