FLSP vs. CSM ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to ProShares Large Cap Core Plus (CSM)

FLSP

Franklin Liberty Systematic Style Premia ETF

FLSP Description

The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying alternative investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.

Grade (RS Rating)

Last Trade

$23.88

Average Daily Volume

11,738

Number of Holdings ^*

171

* may have additional holdings in another (foreign) market

CSM

ProShares Large Cap Core Plus

CSM Description

The investment seeks investment results before fees and expenses that track the performance of the Credit Suisse 130/30 Large Cap Index (the "index"). The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to replicate an investment strategy that establishes either long or short positions in the stocks of 500 leading large-cap U.S. companies (the "Universe") by applying a rules-based ranking and weighting methodology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.10

Average Daily Volume

9,950

Number of Holdings ^*

305

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	CSM
30 Days	0.93%	3.03%
60 Days	-0.13%	4.09%
90 Days	-0.40%	5.04%
12 Months	4.92%	31.14%

103 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in CSM	Overlap
A	C	0.21%	0.32%	0.21%
ABBV	C	0.75%	0.42%	0.42%
ABNB	D	0.05%	0.19%	0.05%
ADBE	F	0.62%	0.28%	0.28%
ADSK	C	0.32%	0.15%	0.15%
AIZ	B	0.07%	0.31%	0.07%
AMAT	D	0.57%	0.24%	0.24%
APH	D	0.21%	0.38%	0.21%
AVB	B	0.17%	0.36%	0.17%
BBY	C	0.11%	0.3%	0.11%
BG	D	0.09%	0.28%	0.09%
BK	B	0.27%	0.35%	0.27%
BKNG	C	0.74%	0.5%	0.5%
BLDR	C	0.12%	0.17%	0.12%
BR	D	0.13%	0.13%	0.13%
BRK.A	C	0.72%	0.99%	0.72%
CAH	C	0.14%	0.36%	0.14%
CBOE	C	0.11%	0.33%	0.11%
CDNS	D	0.36%	0.36%	0.36%
CI	C	0.35%	0.46%	0.35%
CMCSA	D	0.48%	0.22%	0.22%
CNC	D	0.2%	0.34%	0.2%
CRL	F	0.06%	0.13%	0.06%
CRM	D	0.75%	0.6%	0.6%
CSX	D	0.38%	0.25%	0.25%
CTSH	C	0.22%	0.35%	0.22%
DVN	F	0.15%	0.3%	0.15%
EA	D	0.19%	0.19%	0.19%
EBAY	B	0.19%	0.19%	0.19%
EL	F	0.12%	0.29%	0.12%
FDX	C	0.34%	0.31%	0.31%
FE	C	0.14%	0.11%	0.11%
FFIV	B	0.06%	0.32%	0.06%
FOXA	B	0.05%	0.23%	0.05%
FTNT	C	0.28%	0.28%	0.28%
GILD	B	0.53%	0.45%	0.45%
GM	C	0.31%	0.36%	0.31%
GOOG	D	0.11%	0.96%	0.11%
HD	B	0.33%	0.3%	0.3%
HIG	B	0.15%	0.36%	0.15%
HII	D	0.05%	0.3%	0.05%
HOLX	B	0.07%	0.1%	0.07%
HPQ	D	0.19%	0.31%	0.19%
IDXX	C	0.22%	0.34%	0.22%
INCY	C	0.06%	0.31%	0.06%
INTU	C	0.9%	0.59%	0.59%
IQV	C	0.25%	0.3%	0.25%
IR	C	0.18%	0.31%	0.18%
JBL	D	0.07%	0.07%	0.07%
KMB	D	0.25%	0.36%	0.25%
KR	C	0.22%	0.35%	0.22%
L	C	0.08%	0.31%	0.08%
LDOS	B	0.11%	0.34%	0.11%
LIN	B	0.17%	0.09%	0.09%
LULU	D	0.15%	0.27%	0.15%
LVS	D	0.08%	0.09%	0.08%
LYB	D	0.12%	0.15%	0.12%
LYV	B	0.08%	0.32%	0.08%
MA	B	0.98%	0.39%	0.39%
MAS	B	0.09%	0.05%	0.05%
MET	B	0.24%	0.24%	0.24%
META	B	0.52%	1.58%	0.52%
MNST	D	0.1%	0.06%	0.06%
MOH	D	0.11%	0.21%	0.11%
MSFT	C	0.75%	4.77%	0.75%
MTCH	C	0.06%	0.09%	0.06%
NOW	B	0.88%	0.17%	0.17%
NRG	C	0.11%	0.34%	0.11%
NUE	F	0.17%	0.09%	0.09%
NVDA	D	0.83%	4.75%	0.83%
PCAR	D	0.15%	0.31%	0.15%
PG	C	0.13%	0.45%	0.13%
PH	B	0.25%	0.31%	0.25%
PHM	B	0.15%	0.36%	0.15%
PKG	B	0.12%	0.04%	0.04%
PTC	D	0.1%	0.04%	0.04%
PYPL	B	0.41%	0.22%	0.22%
QCOM	D	0.63%	0.15%	0.15%
RCL	B	0.19%	0.38%	0.19%
ROL	C	0.08%	0.27%	0.08%
SNA	C	0.07%	0.31%	0.07%
SNPS	D	0.22%	0.35%	0.22%
SPG	B	0.27%	0.14%	0.14%
STLD	F	0.09%	0.12%	0.09%
SYY	D	0.2%	0.14%	0.14%
T	C	0.79%	0.21%	0.21%
TAP	D	0.06%	0.31%	0.06%
TEL	D	0.26%	0.34%	0.26%
TGT	C	0.29%	0.35%	0.29%
TJX	B	0.69%	0.52%	0.52%
TMO	B	0.54%	0.68%	0.54%
TROW	D	0.15%	0.32%	0.15%
TXT	D	0.11%	0.28%	0.11%
UBER	C	0.62%	0.42%	0.42%
UDR	C	0.08%	0.25%	0.08%
V	C	0.72%	1.03%	0.72%
VLO	F	0.25%	0.08%	0.08%
VRTX	D	0.63%	0.05%	0.05%
VTR	C	0.15%	0.36%	0.15%
VTRS	D	0.07%	0.29%	0.07%
VZ	B	0.92%	0.06%	0.06%
WMT	C	0.87%	0.22%	0.22%
WYNN	D	0.04%	0.3%	0.04%

FLSP Overweight 68 Positions Relative to CSM

Symbol	Grade	Weight
ELV	C	0.7%
NVS	C	0.68%
REGN	C	0.65%
EOG	D	0.35%
MPC	F	0.34%
CTAS	B	0.34%
AFL	C	0.3%
NXPI	F	0.29%
PSX	F	0.28%
CL	D	0.27%
AIG	D	0.26%
CPRT	D	0.25%
FICO	B	0.24%
MELI	B	0.24%
BCS	B	0.22%
LNG	C	0.22%
TDG	B	0.22%
AMP	A	0.22%
SE	B	0.17%
VEEV	C	0.17%
VST	C	0.17%
VICI	C	0.17%
ANSS	D	0.16%
STT	A	0.16%
NTAP	D	0.14%
AWK	B	0.14%
CSL	B	0.13%
GDDY	C	0.13%
TYL	C	0.12%
K	B	0.11%
APP	C	0.11%
EXPE	C	0.11%
CPAY	B	0.11%
WAT	C	0.11%
STLA	F	0.1%
LII	B	0.1%
MRO	C	0.1%
ZM	C	0.1%
EQH	C	0.09%
MANH	B	0.09%
UTHR	C	0.09%
EXPD	C	0.09%
AVTR	B	0.09%
OC	D	0.09%
CF	C	0.09%
NBIX	F	0.08%
RS	D	0.08%
WSM	D	0.08%
SSNC	B	0.08%
TER	D	0.07%
DOCU	C	0.07%
GLPI	C	0.07%
DT	C	0.07%
DPZ	F	0.07%
CHKP	B	0.06%
TWLO	D	0.06%
OVV	F	0.06%
RPRX	C	0.06%
CRBG	D	0.05%
DKS	D	0.05%
SEIC	C	0.05%
MOS	F	0.05%
ACI	F	0.05%
DECK	C	0.05%
CLF	F	0.04%
MCK	F	0.04%
DINO	F	0.04%
AER	B	0.04%

FLSP Underweight 202 Positions Relative to CSM

Symbol	Grade	Weight
AAPL	C	-4.76%
AMZN	C	-2.52%
AVGO	C	-1.37%
GOOGL	D	-1.19%
LLY	C	-1.16%
MRK	D	-0.75%
TSLA	C	-0.75%
JPM	D	-0.66%
UNH	C	-0.58%
GE	B	-0.57%
XOM	C	-0.54%
LMT	C	-0.48%
JNJ	C	-0.46%
TMUS	C	-0.46%
BMY	C	-0.45%
MU	F	-0.44%
TT	B	-0.44%
NFLX	B	-0.42%
PSA	B	-0.42%
NOC	B	-0.41%
CME	C	-0.41%
PLD	C	-0.4%
ETN	C	-0.39%
BDX	D	-0.39%
BX	B	-0.38%
LEN	B	-0.38%
ALL	B	-0.38%
ACGL	C	-0.38%
CCL	C	-0.37%
PEP	C	-0.37%
NCLH	C	-0.37%
AME	C	-0.36%
HWM	B	-0.36%
TRGP	B	-0.36%
GRMN	D	-0.36%
XEL	B	-0.36%
EMR	D	-0.36%
RSG	D	-0.35%
EQR	B	-0.35%
ETR	B	-0.34%
UAL	C	-0.34%
COST	B	-0.34%
CBRE	A	-0.33%
BKR	C	-0.33%
OTIS	C	-0.33%
BRO	C	-0.33%
CNP	C	-0.33%
MTD	D	-0.33%
BAX	C	-0.33%
AAL	D	-0.32%
STX	C	-0.32%
EMN	B	-0.32%
SWK	B	-0.32%
WY	C	-0.32%
ANET	B	-0.32%
HST	C	-0.32%
TFX	C	-0.32%
INVH	C	-0.32%
RJF	C	-0.32%
TDY	B	-0.32%
SYF	C	-0.32%
SLB	F	-0.31%
PNR	B	-0.31%
MAA	B	-0.31%
TSN	C	-0.31%
QRVO	F	-0.31%
CLX	C	-0.31%
NI	B	-0.31%
CPT	B	-0.31%
RL	C	-0.3%
XYL	C	-0.3%
CVS	D	-0.3%
MTB	B	-0.29%
CE	F	-0.29%
EIX	C	-0.29%
EG	C	-0.29%
DHI	B	-0.29%
PRU	C	-0.29%
PCG	C	-0.29%
SWKS	D	-0.28%
MDT	C	-0.28%
UHS	B	-0.28%
FANG	D	-0.28%
STE	C	-0.28%
MAR	C	-0.28%
AES	C	-0.28%
PAYC	D	-0.27%
VRSN	D	-0.27%
BAC	D	-0.27%
EQIX	C	-0.27%
IEX	D	-0.27%
WDC	D	-0.27%
NTRS	A	-0.26%
ATO	B	-0.26%
WELL	C	-0.26%
APTV	D	-0.26%
HBAN	B	-0.25%
PPG	D	-0.25%
OMC	B	-0.24%
WAB	B	-0.24%
BEN	F	-0.24%
GEHC	C	-0.23%
CSCO	C	-0.23%
RMD	C	-0.23%
HAL	F	-0.23%
GL	C	-0.22%
COF	B	-0.22%
INTC	F	-0.22%
MSI	B	-0.22%
LNT	B	-0.21%
ACN	C	-0.2%
SJM	C	-0.2%
AMD	D	-0.19%
TPR	C	-0.19%
MGM	F	-0.19%
PANW	D	-0.19%
PARA	F	-0.18%
BIIB	F	-0.18%
EXC	C	-0.18%
ZTS	C	-0.18%
HCA	B	-0.18%
SYK	C	-0.18%
IBM	B	-0.17%
CFG	C	-0.17%
CRWD	D	-0.16%
WMB	B	-0.16%
DAY	D	-0.16%
IVZ	B	-0.16%
GPC	D	-0.16%
OKE	B	-0.16%
DFS	B	-0.15%
KO	C	-0.15%
TRV	C	-0.15%
MSCI	C	-0.15%
BWA	D	-0.15%
CVX	D	-0.15%
WBA	F	-0.15%
F	F	-0.15%
APD	B	-0.14%
WTW	C	-0.14%
PNW	C	-0.14%
FITB	B	-0.14%
PFE	C	-0.14%
KDP	B	-0.14%
FSLR	C	-0.13%
DTE	C	-0.13%
IPG	C	-0.13%
KHC	C	-0.13%
JKHY	B	-0.13%
PODD	B	-0.13%
ON	D	-0.13%
CAG	C	-0.12%
URI	B	-0.12%
ALLE	B	-0.12%
WFC	D	-0.12%
NWSA	D	-0.12%
AKAM	D	-0.12%
FCX	D	-0.12%
ROP	C	-0.12%
CPB	C	-0.11%
LKQ	F	-0.11%
PFG	B	-0.11%
DIS	D	-0.1%
CTVA	B	-0.1%
KMI	B	-0.1%
APA	F	-0.1%
CAT	B	-0.1%
WRB	C	-0.09%
ISRG	B	-0.09%
AOS	D	-0.07%
FIS	B	-0.07%
ORCL	C	-0.07%
FTV	C	-0.07%
SMCI	F	-0.07%
MKTX	C	-0.07%
PAYX	C	-0.07%
DLR	B	-0.07%
CHD	D	-0.06%
PGR	B	-0.06%
ABT	C	-0.06%
MKC	C	-0.06%
DXCM	F	-0.06%
HRL	C	-0.06%
ROST	C	-0.05%
CMG	C	-0.05%
WST	D	-0.04%
DHR	B	-0.04%
WM	D	-0.04%
PM	C	-0.04%
MCD	B	-0.04%
LW	D	-0.04%
TRMB	C	-0.04%
J	C	-0.04%
ARE	C	-0.04%
CSGP	D	-0.04%
MMC	C	-0.04%
EPAM	F	-0.04%
FAST	C	-0.04%
FDS	C	-0.04%
AMGN	B	-0.04%
LOW	B	-0.04%
RF	B	-0.04%