FLCO vs. SAEF ETF Comparison

Comparison of Franklin Liberty Investment Grade Corporate ETF (FLCO) to Schwab Ariel ESG ETF (SAEF)

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

$21.85

Average Daily Volume

213,127

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SAEF

Schwab Ariel ESG ETF

SAEF Description

Schwab Ariel ESG ETF is an exchange traded fund launched and managed by Charles Schwab Investment Management, Inc. The fund is co-managed by Ariel Investments, LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of diverse market cap companies, within the market capitalization range of the Russell 2500 Index. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. It employs proprietary research to create its portfolio. Schwab Ariel ESG ETF was formed on November 16, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$26.18

Average Daily Volume

3,846

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLCO	SAEF
30 Days	0.05%	2.72%
60 Days	1.56%	9.63%
90 Days	3.88%	11.41%
12 Months	14.34%	32.07%

2 Overlapping Holdings

	Symbol	Grade	Weight in FLCO	Weight in SAEF	Overlap
	AFL	A	0.79%	1.27%	0.79%
	MHK	C	0.8%	0.83%	0.8%

FLCO Overweight 51 Positions Relative to SAEF

Symbol	Grade	Weight
BAC	B	2.39%
CAF	A	1.87%
LVS	B	1.81%
VZ	C	1.64%
BA	F	1.38%
BABA	A	1.24%
GJS	B	1.13%
EXC	C	1.11%
TAK	D	1.02%
CI	D	0.96%
PNC	C	0.93%
ABBV	C	0.92%
NOW	B	0.92%
CARR	A	0.9%
HCA	C	0.88%
FDX	F	0.86%
AAPL	C	0.85%
CMCSA	B	0.82%
TFC	D	0.77%
C	B	0.75%
ET	A	0.73%
UNH	B	0.72%
AL	D	0.68%
NOC	B	0.66%
GPJA	D	0.63%
MET	A	0.61%
ACGL	A	0.61%
CF	A	0.6%
KR	C	0.6%
AMZN	C	0.6%
JBL	C	0.58%
JWN	D	0.57%
FLEX	B	0.56%
XOM	A	0.55%
NWG	B	0.54%
DUK	C	0.51%
HII	F	0.49%
AON	A	0.49%
LMT	A	0.48%
DLTR	F	0.46%
CVX	B	0.44%
GPJA	D	0.4%
RPRX	D	0.4%
ALL	A	0.38%
AZO	D	0.37%
MSFT	D	0.35%
PSX	D	0.35%
DHI	C	0.33%
DVN	F	0.31%
WMB	A	0.3%
STZ	D	0.29%

FLCO Underweight 54 Positions Relative to SAEF

Symbol	Grade	Weight
OSW	B	-4.31%
BCO	C	-3.61%
LIND	C	-3.51%
NCLH	C	-3.48%
NVT	C	-3.04%
KKR	A	-2.85%
GS	B	-2.5%
ZBRA	B	-2.43%
REZI	D	-2.32%
FICO	C	-2.29%
GNRC	B	-2.24%
PBH	D	-2.18%
NTRS	B	-2.17%
FAF	C	-2.05%
GNTX	D	-1.97%
CRL	F	-1.93%
JLL	C	-1.93%
MTB	A	-1.83%
CBRE	C	-1.77%
LFUS	C	-1.69%
MSI	A	-1.64%
KN	B	-1.63%
KMT	C	-1.61%
KEYS	B	-1.59%
MAT	B	-1.57%
ATGE	D	-1.56%
AXTA	C	-1.48%
ADTN	C	-1.45%
ZBH	F	-1.41%
ST	F	-1.41%
MANU	F	-1.39%
MSGS	A	-1.27%
IPG	D	-1.25%
DNB	D	-1.2%
SNA	C	-1.2%
SSD	B	-1.19%
MAS	C	-1.15%
BRC	C	-1.11%
BWA	C	-1.08%
MIDD	D	-1.06%
KMX	F	-1.04%
PGR	B	-0.99%
PDCO	F	-0.99%
MSGE	B	-0.97%
KFY	C	-0.96%
HCKT	D	-0.94%
LESL	F	-0.94%
BIO	B	-0.93%
REYN	D	-0.91%
SJM	D	-0.75%
SRCL	B	-0.75%
PARA	F	-0.61%
NVST	D	-0.53%
PHIN	D	-0.26%