FLCO vs. IWX ETF Comparison

Comparison of Franklin Liberty Investment Grade Corporate ETF (FLCO) to iShares Russell Top 200 Value ETF (IWX)

FLCO

Franklin Liberty Investment Grade Corporate ETF

FLCO Description

The fund seeks to provide a high level of current income as is consistent with prudent investing, while seeking preservation of capital, by investing at least 80% of its net assets in investment grade corporate debt securities and investments. The Fund may invest up to 40% of its net assets in foreign securities, including those in developing markets, and up to 15% of its net assets in non-U.S. dollar denominated securities.

Grade (RS Rating)

Last Trade

$22.11

Average Daily Volume

219,567

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IWX

iShares Russell Top 200 Value ETF

IWX Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Top 200 Value Index (the "underlying index"), which is a style factor weighted index that measures the performance of the largest capitalization value sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$81.09

Average Daily Volume

161,149

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

Performance

Period	FLCO	IWX
30 Days	2.07%	0.92%
60 Days	2.64%	6.57%
90 Days	5.58%	8.96%
12 Months	15.26%	27.77%

23 Overlapping Holdings

Symbol	Grade	Weight in FLCO	Weight in IWX	Overlap
ABBV	A	0.92%	1.2%	0.92%
AON	A	0.49%	0.42%	0.42%
AZO	D	0.37%	0.03%	0.03%
BA	F	1.38%	0.47%	0.47%
BAC	D	2.39%	1.64%	1.64%
C	B	0.75%	0.73%	0.73%
CARR	C	0.9%	0.41%	0.41%
CI	C	0.96%	0.54%	0.54%
CMCSA	B	0.82%	0.98%	0.82%
CVX	D	0.44%	1.54%	0.44%
DUK	B	0.51%	0.55%	0.51%
FDX	D	0.86%	0.37%	0.37%
HCA	A	0.88%	0.35%	0.35%
LMT	A	0.48%	0.52%	0.48%
MET	A	0.61%	0.3%	0.3%
NOC	B	0.66%	0.45%	0.45%
PNC	C	0.93%	0.45%	0.45%
PSX	F	0.35%	0.34%	0.34%
STZ	B	0.29%	0.25%	0.25%
TFC	D	0.77%	0.35%	0.35%
UNH	B	0.72%	3.06%	0.72%
VZ	A	1.64%	1.16%	1.16%
XOM	B	0.55%	3.19%	0.55%

FLCO Overweight 30 Positions Relative to IWX

Symbol	Grade	Weight
CAF	A	1.87%
LVS	B	1.81%
BABA	A	1.24%
GJS	B	1.13%
EXC	A	1.11%
TAK	D	1.02%
NOW	C	0.92%
AAPL	C	0.85%
MHK	B	0.8%
AFL	A	0.79%
ET	C	0.73%
AL	D	0.68%
GPJA	D	0.63%
ACGL	A	0.61%
CF	A	0.6%
KR	B	0.6%
AMZN	C	0.6%
JBL	D	0.58%
JWN	D	0.57%
FLEX	B	0.56%
NWG	C	0.54%
HII	D	0.49%
DLTR	F	0.46%
GPJA	D	0.4%
RPRX	B	0.4%
ALL	C	0.38%
MSFT	C	0.35%
DHI	B	0.33%
DVN	F	0.31%
WMB	A	0.3%

FLCO Underweight 135 Positions Relative to IWX

Symbol	Grade	Weight
BRK.A	C	-5.14%
JPM	D	-3.71%
JNJ	C	-2.39%
WMT	A	-2.13%
PG	C	-1.95%
TMO	C	-1.44%
LIN	B	-1.42%
ACN	B	-1.35%
CSCO	A	-1.32%
MCD	A	-1.26%
IBM	C	-1.24%
WFC	D	-1.2%
ABT	C	-1.19%
PM	B	-1.15%
DHR	B	-1.09%
DIS	D	-1.08%
NEE	A	-1.07%
TXN	C	-1.03%
CAT	A	-1.01%
PFE	D	-1.01%
SPGI	C	-0.99%
RTX	A	-0.98%
T	A	-0.97%
GE	C	-0.97%
LOW	A	-0.94%
BLK	B	-0.86%
ETN	C	-0.81%
BSX	A	-0.75%
COP	D	-0.75%
MU	D	-0.73%
KO	B	-0.73%
CB	A	-0.72%
GS	D	-0.71%
ADI	C	-0.71%
PLD	D	-0.71%
MS	B	-0.7%
HON	B	-0.7%
MDT	A	-0.7%
DE	A	-0.65%
GILD	A	-0.64%
INTC	D	-0.63%
ELV	F	-0.63%
BMY	B	-0.63%
SO	A	-0.61%
TMUS	A	-0.61%
MDLZ	C	-0.61%
REGN	D	-0.61%
UPS	D	-0.6%
MMC	D	-0.59%
AXP	A	-0.58%
SYK	C	-0.56%
AMD	D	-0.55%
ICE	A	-0.55%
MO	B	-0.54%
SCHW	D	-0.53%
PH	B	-0.5%
GD	A	-0.5%
EQIX	B	-0.49%
PYPL	B	-0.49%
HD	A	-0.49%
CVS	D	-0.48%
UNP	C	-0.48%
CME	A	-0.48%
WELL	B	-0.47%
FCX	B	-0.45%
USB	C	-0.44%
TGT	C	-0.44%
FI	A	-0.43%
BDX	B	-0.43%
EOG	D	-0.43%
CEG	B	-0.42%
GEV	A	-0.42%
APD	C	-0.41%
CSX	D	-0.41%
KKR	C	-0.39%
CRH	C	-0.39%
MMM	B	-0.38%
NEM	C	-0.38%
EMR	B	-0.38%
VRTX	D	-0.37%
SLB	F	-0.37%
TDG	A	-0.37%
MAR	B	-0.36%
ROP	C	-0.36%
COF	C	-0.35%
TT	A	-0.35%
MPC	F	-0.35%
NSC	B	-0.34%
MRVL	C	-0.34%
AEP	B	-0.33%
TRV	C	-0.33%
TJX	C	-0.33%
JCI	B	-0.32%
GM	D	-0.32%
SRE	A	-0.32%
PCAR	D	-0.31%
ITW	B	-0.3%
PEP	D	-0.3%
AIG	F	-0.29%
PSA	C	-0.29%
D	A	-0.29%
VLO	F	-0.27%
F	D	-0.26%
RSG	D	-0.25%
NKE	D	-0.25%
AMGN	D	-0.24%
MSI	A	-0.24%
CRM	C	-0.24%
KDP	C	-0.24%
CL	D	-0.23%
MCK	F	-0.22%
OXY	F	-0.21%
APH	D	-0.2%
EW	F	-0.2%
KHC	B	-0.19%
DELL	D	-0.17%
KMB	B	-0.17%
SBUX	B	-0.15%
PGR	C	-0.14%
MRNA	F	-0.13%
ZTS	B	-0.1%
APO	A	-0.1%
AMAT	D	-0.09%
EL	D	-0.09%
QCOM	D	-0.07%
FTNT	C	-0.06%
MNST	D	-0.05%
SHW	B	-0.05%
ADP	A	-0.05%
ECL	A	-0.05%
BKNG	C	-0.05%
DASH	B	-0.04%
ORLY	A	-0.03%
CPRT	B	-0.02%
CTAS	C	-0.02%