FLCO vs. SPHB ETF Comparison

Comparison of Franklin Liberty Investment Grade Corporate ETF (FLCO) to PowerShares S&P 500 High Beta Portfolio (SPHB)

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

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$89.17

Average Daily Volume

401,273

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLCO	SPHB
30 Days	0.05%	8.85%
60 Days	1.56%	14.28%
90 Days	3.88%	4.86%
12 Months	14.34%	31.48%

6 Overlapping Holdings

Symbol	Grade	Weight in FLCO	Weight in SPHB	Overlap
AMZN	C	0.6%	0.98%	0.6%
CARR	A	0.9%	1.01%	0.9%
DHI	C	0.33%	0.81%	0.33%
JBL	C	0.58%	1.07%	0.58%
MHK	C	0.8%	0.84%	0.8%
NOW	B	0.92%	0.94%	0.92%

FLCO Overweight 47 Positions Relative to SPHB

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%
HCA	C	0.88%
FDX	F	0.86%
AAPL	C	0.85%
CMCSA	B	0.82%
AFL	A	0.79%
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%
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%
DVN	F	0.31%
WMB	A	0.3%
STZ	D	0.29%

FLCO Underweight 92 Positions Relative to SPHB

Symbol	Grade	Weight
AMD	C	-1.82%
SMCI	F	-1.8%
MPWR	B	-1.79%
NVDA	B	-1.75%
AVGO	B	-1.62%
TSLA	C	-1.56%
TER	C	-1.51%
BLDR	C	-1.45%
ALB	D	-1.4%
LRCX	D	-1.37%
AMAT	C	-1.36%
KLAC	B	-1.35%
ANET	A	-1.35%
MU	D	-1.33%
CZR	B	-1.31%
CRWD	D	-1.3%
NCLH	C	-1.28%
CCL	C	-1.25%
ON	F	-1.25%
ENPH	F	-1.22%
META	A	-1.18%
URI	C	-1.18%
WDC	C	-1.15%
VST	A	-1.15%
ALGN	D	-1.15%
CEG	A	-1.14%
MCHP	F	-1.13%
QCOM	D	-1.12%
GNRC	B	-1.11%
FSLR	C	-1.08%
NXPI	F	-1.06%
CDNS	D	-1.06%
PWR	A	-1.05%
ORCL	A	-1.04%
SNPS	F	-1.04%
BX	C	-1.03%
BXP	B	-1.01%
UAL	A	-1.01%
KKR	A	-1.01%
UBER	C	-1.01%
PYPL	A	-0.99%
ABNB	D	-0.98%
ETN	B	-0.98%
FCX	B	-0.97%
RCL	B	-0.97%
HUBB	A	-0.94%
KEYS	B	-0.94%
INTC	D	-0.94%
ADSK	B	-0.93%
PODD	C	-0.92%
ADI	B	-0.92%
ZBRA	B	-0.91%
PHM	C	-0.91%
CRM	B	-0.91%
SWKS	F	-0.9%
PH	A	-0.89%
QRVO	F	-0.88%
PANW	B	-0.88%
DAY	C	-0.88%
AES	C	-0.85%
BKNG	B	-0.84%
INTU	F	-0.83%
ARE	D	-0.83%
IDXX	D	-0.82%
LEN	C	-0.81%
FICO	C	-0.81%
LW	D	-0.81%
DECK	B	-0.81%
ROK	D	-0.81%
IVZ	A	-0.8%
ISRG	C	-0.8%
GE	B	-0.8%
EFX	D	-0.8%
KEY	B	-0.79%
RMD	C	-0.79%
ANSS	D	-0.79%
GOOG	B	-0.78%
ADBE	F	-0.78%
KMX	F	-0.78%
APTV	D	-0.77%
TXN	C	-0.77%
CRL	F	-0.77%
LULU	D	-0.77%
APH	D	-0.76%
MGM	D	-0.76%
TROW	D	-0.74%
WBD	F	-0.73%
IQV	F	-0.72%
BBWI	F	-0.72%
CPRT	B	-0.71%
MLM	F	-0.67%
EPAM	F	-0.65%