FLSP vs. FCTR ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to First Trust Lunt U.S. Factor Rotation ETF (FCTR)

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

$24.11

Average Daily Volume

11,449

Number of Holdings ^*

183

* may have additional holdings in another (foreign) market

FCTR

First Trust Lunt U.S. Factor Rotation ETF

FCTR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Lunt Capital Large Cap Factor Rotation Index (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to provide exposure to U.S. large cap equities grouped into four separate factors, with factors emphasized within the index as they come into favor in the U.S. marketplace. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.76

Average Daily Volume

7,787

Number of Holdings ^*

166

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	FCTR
30 Days	0.69%	9.38%
60 Days	0.06%	12.16%
90 Days	0.73%	17.79%
12 Months	6.54%	36.88%

46 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in FCTR	Overlap
ADBE	C	0.91%	0.37%	0.37%
ADSK	A	0.36%	0.42%	0.36%
AFL	B	0.33%	0.4%	0.33%
APP	B	0.31%	3.82%	0.31%
AVB	B	0.13%	0.43%	0.13%
AWK	D	0.13%	0.38%	0.13%
BKNG	A	0.87%	0.29%	0.29%
BR	A	0.12%	1.37%	0.12%
CDNS	B	0.32%	0.54%	0.32%
CL	D	0.36%	1.01%	0.36%
CPAY	A	0.12%	0.26%	0.12%
CSL	C	0.11%	0.33%	0.11%
CTAS	B	0.35%	1.05%	0.35%
DPZ	C	0.08%	0.45%	0.08%
FE	C	0.1%	0.5%	0.1%
FICO	B	0.34%	1.51%	0.34%
GLPI	C	0.07%	0.42%	0.07%
HCA	F	0.36%	0.33%	0.33%
IDXX	F	0.14%	0.31%	0.14%
INTU	C	0.68%	0.37%	0.37%
KMB	D	0.23%	0.39%	0.23%
LDOS	C	0.13%	0.8%	0.13%
LII	A	0.11%	0.37%	0.11%
LNG	B	0.29%	0.52%	0.29%
MA	C	0.77%	1.36%	0.77%
MANH	D	0.09%	0.7%	0.09%
MDT	D	0.6%	0.39%	0.39%
META	D	0.45%	0.45%	0.45%
MSFT	F	0.57%	0.36%	0.36%
MSI	B	0.48%	1.73%	0.48%
NFLX	A	0.45%	0.47%	0.45%
NOW	A	0.75%	0.51%	0.51%
NVDA	C	0.62%	0.77%	0.62%
PCAR	B	0.14%	0.19%	0.14%
PG	A	0.13%	0.52%	0.13%
PH	A	0.23%	0.62%	0.23%
PHM	D	0.11%	0.42%	0.11%
RCL	A	0.21%	0.56%	0.21%
ROL	B	0.09%	0.9%	0.09%
SNPS	B	0.2%	0.44%	0.2%
SYY	B	0.15%	0.77%	0.15%
TJX	A	0.75%	0.6%	0.6%
VICI	C	0.19%	0.63%	0.19%
VRSN	F	0.1%	0.87%	0.1%
VRTX	F	0.49%	0.37%	0.37%
VST	B	0.29%	1.86%	0.29%

FLSP Overweight 137 Positions Relative to FCTR

Symbol	Grade	Weight
QCOM	F	0.83%
WMT	A	0.75%
CRM	B	0.7%
AMAT	F	0.66%
T	A	0.63%
GILD	C	0.61%
ABBV	D	0.59%
BMY	B	0.59%
UBER	D	0.49%
NVS	D	0.48%
PYPL	B	0.45%
EOG	A	0.44%
CMCSA	B	0.42%
MMM	D	0.41%
GM	B	0.36%
SPG	B	0.35%
RTX	C	0.34%
TMO	F	0.34%
REGN	F	0.33%
FTNT	C	0.32%
CSX	B	0.31%
BK	A	0.31%
HD	A	0.28%
MPC	D	0.27%
FDX	B	0.27%
FIS	C	0.26%
CMI	A	0.25%
VLO	C	0.25%
KR	B	0.24%
A	D	0.23%
PSX	C	0.23%
EA	A	0.23%
BCS	C	0.23%
CI	F	0.22%
CPRT	A	0.22%
AMP	A	0.22%
MET	A	0.21%
AIG	B	0.21%
CTSH	B	0.21%
HPQ	B	0.2%
TGT	F	0.19%
HIG	B	0.19%
EBAY	D	0.18%
SE	B	0.18%
APH	A	0.18%
IQV	D	0.17%
STT	A	0.17%
LULU	C	0.16%
ADM	D	0.16%
TROW	B	0.16%
DECK	A	0.16%
NTAP	C	0.16%
IR	B	0.16%
MELI	D	0.16%
GDDY	A	0.15%
MS	A	0.15%
MTD	D	0.15%
ANSS	B	0.14%
WAT	B	0.14%
EXPE	B	0.14%
NUE	C	0.14%
CNC	D	0.13%
DVN	F	0.13%
LIN	D	0.13%
TYL	B	0.13%
CBOE	B	0.12%
K	A	0.12%
VTR	C	0.12%
CAH	B	0.12%
NRG	B	0.12%
NTRS	A	0.12%
LYV	A	0.12%
VEEV	C	0.12%
BBY	D	0.11%
STX	D	0.11%
PKG	A	0.11%
HOLX	D	0.11%
STLD	B	0.11%
GOOG	C	0.11%
WSM	B	0.11%
LVS	C	0.11%
LYB	F	0.11%
MRO	B	0.1%
EL	F	0.1%
JBL	B	0.1%
MAS	D	0.1%
MOH	F	0.1%
RS	B	0.1%
CF	B	0.1%
UTHR	C	0.1%
BLDR	D	0.1%
PTC	A	0.1%
DOCU	A	0.1%
SNA	A	0.1%
ZM	B	0.1%
GEN	B	0.1%
UDR	B	0.09%
L	A	0.09%
TWLO	A	0.09%
VTRS	A	0.09%
EQH	B	0.09%
SSNC	B	0.09%
TXT	D	0.09%
OC	A	0.09%
EXPD	D	0.09%
AVTR	F	0.08%
DT	C	0.08%
OVV	B	0.08%
CHRW	C	0.08%
FFIV	B	0.08%
REG	B	0.08%
SWKS	F	0.08%
NBIX	C	0.08%
PAYC	B	0.07%
FOXA	B	0.07%
TAP	C	0.07%
DKS	C	0.07%
INCY	C	0.07%
BG	F	0.07%
UHS	D	0.07%
ACI	C	0.06%
MKTX	D	0.06%
MTCH	D	0.06%
CHKP	D	0.06%
TER	D	0.06%
SEIC	B	0.06%
RPRX	D	0.06%
AIZ	A	0.06%
RPM	A	0.05%
AER	B	0.05%
WYNN	D	0.05%
MGM	D	0.05%
MOS	F	0.05%
CRBG	B	0.05%
ON	D	0.04%
COR	B	0.04%
HII	D	0.04%

FLSP Underweight 120 Positions Relative to FCTR

Symbol	Grade	Weight
PLTR	B	-2.43%
MSTR	C	-2.06%
AXON	A	-1.45%
PAYX	C	-1.42%
SYK	C	-1.36%
V	A	-1.34%
ANET	C	-1.24%
ADP	B	-1.1%
ARES	A	-1.04%
APO	B	-1.03%
TDG	D	-0.99%
YUM	B	-0.95%
BRO	B	-0.94%
VRSK	A	-0.93%
HOOD	B	-0.92%
FI	A	-0.92%
ISRG	A	-0.91%
FDS	B	-0.9%
ITW	B	-0.84%
TT	A	-0.82%
THC	D	-0.81%
ACGL	D	-0.8%
HWM	A	-0.79%
EME	C	-0.77%
ICE	C	-0.77%
TPL	A	-0.75%
TRGP	B	-0.73%
LLY	F	-0.72%
CRWD	B	-0.68%
KKR	A	-0.68%
AAPL	C	-0.66%
MCD	D	-0.65%
IRM	D	-0.61%
TTD	B	-0.59%
NET	B	-0.58%
DDOG	A	-0.56%
HUBS	A	-0.55%
NI	A	-0.55%
MMC	B	-0.54%
ZS	C	-0.53%
SBAC	D	-0.53%
KO	D	-0.52%
FAST	B	-0.52%
TOL	B	-0.52%
SNOW	C	-0.51%
TTWO	A	-0.51%
PPL	B	-0.51%
ORCL	B	-0.51%
SRE	A	-0.5%
PANW	C	-0.5%
ETR	B	-0.5%
MSCI	C	-0.49%
DRI	B	-0.49%
RBLX	C	-0.49%
LNT	A	-0.49%
DUK	C	-0.49%
WEC	A	-0.48%
PGR	A	-0.48%
DASH	A	-0.47%
SPGI	C	-0.47%
ROST	C	-0.47%
BSX	B	-0.47%
CMS	C	-0.46%
ERIE	D	-0.45%
BLK	C	-0.45%
LMT	D	-0.45%
AEE	A	-0.45%
SO	D	-0.44%
ED	D	-0.43%
ALNY	D	-0.43%
AVGO	D	-0.43%
ORLY	B	-0.43%
EIX	B	-0.43%
ROP	B	-0.42%
KDP	D	-0.42%
URI	B	-0.41%
AEP	D	-0.41%
PPG	F	-0.41%
O	D	-0.41%
MDB	C	-0.4%
EXC	C	-0.4%
DXCM	D	-0.4%
EQR	B	-0.4%
NOC	D	-0.4%
DTE	C	-0.4%
BDX	F	-0.39%
MCO	B	-0.39%
CARR	D	-0.38%
LW	C	-0.37%
PWR	A	-0.37%
BSY	D	-0.37%
NVR	D	-0.36%
BX	A	-0.36%
OKE	A	-0.36%
GIS	D	-0.35%
PSA	D	-0.34%
AMT	D	-0.34%
COST	B	-0.34%
DHI	D	-0.34%
KLAC	D	-0.32%
RIVN	F	-0.32%
MPWR	F	-0.31%
FCNCA	A	-0.31%
ETN	A	-0.3%
GWW	B	-0.28%
ATO	A	-0.27%
CSCO	B	-0.25%
RSG	A	-0.24%
HON	B	-0.24%
BRK.A	B	-0.24%
CHD	B	-0.23%
CB	C	-0.23%
CMG	B	-0.22%
WM	A	-0.22%
AME	A	-0.22%
PEP	F	-0.2%
HSY	F	-0.19%
MDLZ	F	-0.19%
MNST	C	-0.19%
LECO	B	-0.17%