FLSP vs. FTC ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index) (FTC)

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

FTC

First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index)

FTC 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 Defined Large Cap Growth Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Growth Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$146.37

Average Daily Volume

33,503

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	FTC
30 Days	0.69%	9.08%
60 Days	0.06%	12.23%
90 Days	0.73%	15.96%
12 Months	6.54%	42.15%

56 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in FTC	Overlap
A	D	0.23%	0.14%	0.14%
ADSK	A	0.36%	0.37%	0.36%
AMP	A	0.22%	0.8%	0.22%
APH	A	0.18%	0.37%	0.18%
APP	B	0.31%	1.81%	0.31%
AVB	B	0.13%	0.16%	0.13%
BK	A	0.31%	0.9%	0.31%
BKNG	A	0.87%	0.57%	0.57%
BR	A	0.12%	0.51%	0.12%
CBOE	B	0.12%	0.32%	0.12%
CL	D	0.36%	0.43%	0.36%
CPAY	A	0.12%	0.39%	0.12%
CRM	B	0.7%	0.2%	0.2%
CSL	C	0.11%	0.49%	0.11%
CTAS	B	0.35%	0.7%	0.35%
DECK	A	0.16%	0.54%	0.16%
EXPE	B	0.14%	1.03%	0.14%
FICO	B	0.34%	1.0%	0.34%
FTNT	C	0.32%	0.59%	0.32%
GDDY	A	0.15%	0.98%	0.15%
GEN	B	0.1%	0.73%	0.1%
GLPI	C	0.07%	0.15%	0.07%
HCA	F	0.36%	0.71%	0.36%
IR	B	0.16%	0.35%	0.16%
KMB	D	0.23%	0.15%	0.15%
LII	A	0.11%	0.68%	0.11%
LIN	D	0.13%	0.15%	0.13%
LVS	C	0.11%	0.47%	0.11%
LYV	A	0.12%	0.79%	0.12%
MA	C	0.77%	0.17%	0.17%
MANH	D	0.09%	0.48%	0.09%
META	D	0.45%	0.67%	0.45%
MSI	B	0.48%	0.73%	0.48%
MTD	D	0.15%	0.13%	0.13%
NFLX	A	0.45%	0.57%	0.45%
NOW	A	0.75%	0.77%	0.75%
NRG	B	0.12%	0.84%	0.12%
NTAP	C	0.16%	0.47%	0.16%
NTRS	A	0.12%	0.78%	0.12%
NVDA	C	0.62%	0.81%	0.62%
PG	A	0.13%	0.16%	0.13%
PH	A	0.23%	0.74%	0.23%
QCOM	F	0.83%	0.16%	0.16%
RCL	A	0.21%	1.09%	0.21%
ROL	B	0.09%	0.33%	0.09%
SPG	B	0.35%	0.35%	0.35%
TJX	A	0.75%	0.5%	0.5%
TYL	B	0.13%	0.51%	0.13%
UBER	D	0.49%	0.46%	0.46%
UTHR	C	0.1%	0.9%	0.1%
VICI	C	0.19%	0.31%	0.19%
VRTX	F	0.49%	0.17%	0.17%
VST	B	0.29%	0.97%	0.29%
VTR	C	0.12%	0.82%	0.12%
WAT	B	0.14%	0.17%	0.14%
WSM	B	0.11%	0.28%	0.11%

FLSP Overweight 127 Positions Relative to FTC

Symbol	Grade	Weight
ADBE	C	0.91%
WMT	A	0.75%
INTU	C	0.68%
AMAT	F	0.66%
T	A	0.63%
GILD	C	0.61%
MDT	D	0.6%
ABBV	D	0.59%
BMY	B	0.59%
MSFT	F	0.57%
NVS	D	0.48%
PYPL	B	0.45%
EOG	A	0.44%
CMCSA	B	0.42%
MMM	D	0.41%
GM	B	0.36%
RTX	C	0.34%
TMO	F	0.34%
AFL	B	0.33%
REGN	F	0.33%
CDNS	B	0.32%
CSX	B	0.31%
LNG	B	0.29%
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%
PSX	C	0.23%
EA	A	0.23%
BCS	C	0.23%
CI	F	0.22%
CPRT	A	0.22%
MET	A	0.21%
AIG	B	0.21%
CTSH	B	0.21%
SNPS	B	0.2%
HPQ	B	0.2%
TGT	F	0.19%
HIG	B	0.19%
EBAY	D	0.18%
SE	B	0.18%
IQV	D	0.17%
STT	A	0.17%
LULU	C	0.16%
ADM	D	0.16%
TROW	B	0.16%
MELI	D	0.16%
MS	A	0.15%
SYY	B	0.15%
ANSS	B	0.14%
PCAR	B	0.14%
IDXX	F	0.14%
NUE	C	0.14%
AWK	D	0.13%
CNC	D	0.13%
DVN	F	0.13%
LDOS	C	0.13%
K	A	0.12%
CAH	B	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%
LYB	F	0.11%
PHM	D	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%
VRSN	F	0.1%
BLDR	D	0.1%
PTC	A	0.1%
DOCU	A	0.1%
SNA	A	0.1%
FE	C	0.1%
ZM	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%
DPZ	C	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 130 Positions Relative to FTC

Symbol	Grade	Weight
PLTR	B	-1.32%
AXON	A	-1.26%
CVNA	B	-1.15%
TRGP	B	-1.08%
VRT	B	-1.01%
DASH	A	-1.01%
GS	A	-0.99%
KKR	A	-0.96%
EME	C	-0.96%
HWM	A	-0.94%
HOOD	B	-0.92%
WAB	B	-0.9%
PWR	A	-0.9%
AXP	A	-0.89%
CCL	B	-0.88%
TT	A	-0.88%
HEI	B	-0.88%
URI	B	-0.87%
CPNG	D	-0.86%
ALL	A	-0.86%
PGR	A	-0.85%
BURL	A	-0.85%
THC	D	-0.82%
GRMN	B	-0.8%
IRM	D	-0.79%
RBLX	C	-0.79%
FCNCA	A	-0.78%
FI	A	-0.78%
TMUS	B	-0.77%
JPM	A	-0.76%
TPL	A	-0.75%
ACGL	D	-0.74%
ORCL	B	-0.73%
CEG	D	-0.72%
PCG	A	-0.71%
BSX	B	-0.7%
PM	B	-0.7%
BRO	B	-0.7%
COST	B	-0.69%
SHW	A	-0.68%
ANET	C	-0.67%
AVGO	D	-0.66%
CAT	B	-0.66%
PEG	A	-0.65%
FSLR	F	-0.65%
APO	B	-0.64%
ERIE	D	-0.63%
IBM	C	-0.63%
GE	D	-0.63%
RMD	C	-0.63%
BAH	F	-0.63%
ALNY	D	-0.62%
NEE	D	-0.59%
TDG	D	-0.59%
TTD	B	-0.56%
GWW	B	-0.55%
CASY	A	-0.53%
HLT	A	-0.53%
ISRG	A	-0.53%
WSO	A	-0.52%
NDAQ	A	-0.52%
COIN	C	-0.52%
AJG	B	-0.51%
WELL	A	-0.51%
HUBB	B	-0.5%
MCO	B	-0.49%
BRK.A	B	-0.49%
SPGI	C	-0.48%
SO	D	-0.47%
ECL	D	-0.47%
ICE	C	-0.47%
TSCO	D	-0.46%
VLTO	D	-0.45%
XYL	D	-0.44%
PSA	D	-0.44%
EFX	F	-0.43%
WMB	A	-0.41%
AMT	D	-0.41%
TSLA	B	-0.4%
DELL	C	-0.38%
MAR	B	-0.38%
AMZN	C	-0.38%
PANW	C	-0.38%
ARES	A	-0.36%
MO	A	-0.36%
ETN	A	-0.36%
RSG	A	-0.35%
DOV	A	-0.35%
IT	C	-0.35%
ORLY	B	-0.35%
AAPL	C	-0.33%
MCD	D	-0.33%
MMC	B	-0.33%
AZO	C	-0.33%
ROST	C	-0.32%
MSTR	C	-0.32%
OTIS	C	-0.32%
AMGN	D	-0.31%
RIVN	F	-0.31%
LLY	F	-0.3%
BLD	D	-0.3%
EXR	D	-0.3%
KO	D	-0.29%
O	D	-0.29%
LPLA	A	-0.22%
MPWR	F	-0.21%
CRWD	B	-0.2%
FAST	B	-0.19%
PAYX	C	-0.18%
AON	A	-0.18%
ADP	B	-0.18%
MKL	A	-0.18%
DLR	B	-0.18%
WDAY	B	-0.18%
GPN	B	-0.18%
ESS	B	-0.17%
ITW	B	-0.17%
CHD	B	-0.17%
MSCI	C	-0.17%
CMG	B	-0.17%
DKNG	B	-0.17%
GOOGL	C	-0.17%
SYK	C	-0.17%
WM	A	-0.17%
MU	D	-0.16%
EQIX	A	-0.16%
SBAC	D	-0.15%
CCI	D	-0.14%
ZTS	D	-0.14%
KLAC	D	-0.13%