FLEE vs. FENI ETF Comparison

Comparison of Franklin FTSE Europe ETF (FLEE) to Fidelity Enhanced International ETF (FENI)

FLEE

Franklin FTSE Europe ETF

FLEE Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Developed Europe RIC Capped Index (the FTSE Developed Europe Capped Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Developed Europe Capped Index and in depositary receipts representing such securities. The FTSE Developed Europe Capped Index is based on the FTSE Developed Europe Index and is designed to measure the performance of large- and mid-capitalization stocks from developed European countries.

Grade (RS Rating)

Last Trade

$28.31

Average Daily Volume

3,702

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FENI

Fidelity Enhanced International ETF

FENI Description

The fund will normally invest at least 80% of assets in common stocks included in the MSCI EAFE Index, which is a market capitalization-weighted index that is designed to measure the investable equity market performance for global investors in developed markets, excluding the U.S. & Canada. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index.

Grade (RS Rating)

Last Trade

$27.98

Average Daily Volume

176,229

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLEE	FENI
30 Days	-4.90%	-2.98%
60 Days	-7.26%	-6.08%
90 Days	-7.92%	-6.11%
12 Months	9.39%	13.19%

11 Overlapping Holdings

Symbol	Grade	Weight in FLEE	Weight in FENI	Overlap
ABBV	D	0.81%	0.79%	0.79%
ABBV	D	0.81%	0.28%	0.28%
BCS	C	0.44%	0.12%	0.12%
HSBH	B	1.56%	1.06%	1.06%
LOGI	D	0.11%	0.07%	0.07%
LYG	F	0.4%	0.12%	0.12%
NVS	D	1.93%	1.58%	1.58%
NVS	D	1.93%	0.12%	0.12%
QGEN	D	0.08%	0.53%	0.08%
UL	D	1.31%	0.56%	0.56%
UL	D	1.31%	0.48%	0.48%

FLEE Overweight 6 Positions Relative to FENI

Symbol	Grade	Weight
DEO	F	0.61%
FLUT	A	0.43%
E	F	0.3%
SW	A	0.25%
STLA	F	0.24%
MT	B	0.11%

FLEE Underweight 20 Positions Relative to FENI

Symbol	Grade	Weight
SONY	B	-1.21%
SE	B	-0.79%
BTI	B	-0.76%
NMR	B	-0.66%
WIX	B	-0.58%
MUFG	B	-0.57%
TM	D	-0.56%
GSK	F	-0.48%
RIO	D	-0.48%
HSBC	B	-0.42%
VOD	F	-0.3%
SNY	F	-0.28%
RELX	C	-0.23%
GMAB	F	-0.22%
NOK	D	-0.21%
BBVA	F	-0.14%
NWG	C	-0.11%
AZN	D	-0.08%
SMFG	B	-0.03%
CCEP	C	-0.02%