FLSP vs. GSLC ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC)

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

GSLC

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

GSLC Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® U.S. Large Cap Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is designed to deliver exposure to equity securities of large-capitalization U.S. issuers. The index is constructed using the patented ActiveBeta® Portfolio Construction Methodology.

Grade (RS Rating)

Last Trade

$118.17

Average Daily Volume

217,813

Number of Holdings ^*

438

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	GSLC
30 Days	0.69%	3.97%
60 Days	0.06%	5.37%
90 Days	0.73%	7.11%
12 Months	6.54%	33.60%

143 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in GSLC	Overlap
A	D	0.23%	0.05%	0.05%
ABBV	D	0.59%	0.48%	0.48%
ADBE	C	0.91%	0.47%	0.47%
ADM	D	0.16%	0.19%	0.16%
ADSK	A	0.36%	0.2%	0.2%
AFL	B	0.33%	0.12%	0.12%
AIG	B	0.21%	0.16%	0.16%
AMAT	F	0.66%	0.32%	0.32%
AMP	A	0.22%	0.4%	0.22%
ANSS	B	0.14%	0.03%	0.03%
APH	A	0.18%	0.22%	0.18%
APP	B	0.31%	0.17%	0.17%
AVB	B	0.13%	0.1%	0.1%
AVTR	F	0.08%	0.07%	0.07%
BBY	D	0.11%	0.21%	0.11%
BG	F	0.07%	0.18%	0.07%
BK	A	0.31%	0.38%	0.31%
BKNG	A	0.87%	0.5%	0.5%
BLDR	D	0.1%	0.43%	0.1%
BMY	B	0.59%	0.21%	0.21%
BR	A	0.12%	0.16%	0.12%
CAH	B	0.12%	0.12%	0.12%
CBOE	B	0.12%	0.11%	0.11%
CDNS	B	0.32%	0.23%	0.23%
CF	B	0.1%	0.12%	0.1%
CI	F	0.22%	0.26%	0.22%
CL	D	0.36%	0.4%	0.36%
CMCSA	B	0.42%	0.29%	0.29%
CMI	A	0.25%	0.09%	0.09%
CNC	D	0.13%	0.1%	0.1%
COR	B	0.04%	0.23%	0.04%
CPAY	A	0.12%	0.08%	0.08%
CPRT	A	0.22%	0.06%	0.06%
CRM	B	0.7%	0.48%	0.48%
CSL	C	0.11%	0.1%	0.1%
CSX	B	0.31%	0.06%	0.06%
CTAS	B	0.35%	0.37%	0.35%
CTSH	B	0.21%	0.18%	0.18%
DECK	A	0.16%	0.26%	0.16%
DPZ	C	0.08%	0.21%	0.08%
DVN	F	0.13%	0.05%	0.05%
EA	A	0.23%	0.24%	0.23%
EBAY	D	0.18%	0.1%	0.1%
EL	F	0.1%	0.11%	0.1%
EOG	A	0.44%	0.08%	0.08%
EXPD	D	0.09%	0.1%	0.09%
EXPE	B	0.14%	0.18%	0.14%
FDX	B	0.27%	0.1%	0.1%
FE	C	0.1%	0.07%	0.07%
FICO	B	0.34%	0.49%	0.34%
FIS	C	0.26%	0.06%	0.06%
FTNT	C	0.32%	0.24%	0.24%
GDDY	A	0.15%	0.22%	0.15%
GEN	B	0.1%	0.12%	0.1%
GILD	C	0.61%	0.17%	0.17%
GM	B	0.36%	0.03%	0.03%
HCA	F	0.36%	0.12%	0.12%
HD	A	0.28%	0.81%	0.28%
HIG	B	0.19%	0.23%	0.19%
HOLX	D	0.11%	0.17%	0.11%
HPQ	B	0.2%	0.08%	0.08%
IDXX	F	0.14%	0.29%	0.14%
INTU	C	0.68%	0.26%	0.26%
IQV	D	0.17%	0.09%	0.09%
IR	B	0.16%	0.11%	0.11%
JBL	B	0.1%	0.13%	0.1%
K	A	0.12%	0.06%	0.06%
KMB	D	0.23%	0.15%	0.15%
KR	B	0.24%	0.38%	0.24%
L	A	0.09%	0.21%	0.09%
LDOS	C	0.13%	0.22%	0.13%
LII	A	0.11%	0.19%	0.11%
LIN	D	0.13%	0.23%	0.13%
LNG	B	0.29%	0.05%	0.05%
LVS	C	0.11%	0.02%	0.02%
LYB	F	0.11%	0.13%	0.11%
LYV	A	0.12%	0.03%	0.03%
MA	C	0.77%	0.86%	0.77%
MANH	D	0.09%	0.28%	0.09%
MAS	D	0.1%	0.19%	0.1%
MDT	D	0.6%	0.09%	0.09%
MET	A	0.21%	0.09%	0.09%
META	D	0.45%	2.5%	0.45%
MMM	D	0.41%	0.09%	0.09%
MPC	D	0.27%	0.19%	0.19%
MRO	B	0.1%	0.09%	0.09%
MS	A	0.15%	0.25%	0.15%
MSFT	F	0.57%	5.64%	0.57%
MSI	B	0.48%	0.33%	0.33%
MTD	D	0.15%	0.25%	0.15%
NFLX	A	0.45%	0.4%	0.4%
NOW	A	0.75%	0.32%	0.32%
NRG	B	0.12%	0.21%	0.12%
NTAP	C	0.16%	0.14%	0.14%
NTRS	A	0.12%	0.19%	0.12%
NUE	C	0.14%	0.15%	0.14%
NVDA	C	0.62%	6.37%	0.62%
OC	A	0.09%	0.14%	0.09%
ON	D	0.04%	0.08%	0.04%
PCAR	B	0.14%	0.07%	0.07%
PG	A	0.13%	0.6%	0.13%
PH	A	0.23%	0.14%	0.14%
PHM	D	0.11%	0.26%	0.11%
PKG	A	0.11%	0.12%	0.11%
PSX	C	0.23%	0.1%	0.1%
PTC	A	0.1%	0.17%	0.1%
PYPL	B	0.45%	0.1%	0.1%
QCOM	F	0.83%	0.35%	0.35%
RCL	A	0.21%	0.13%	0.13%
REGN	F	0.33%	0.18%	0.18%
ROL	B	0.09%	0.13%	0.09%
RPM	A	0.05%	0.15%	0.05%
RS	B	0.1%	0.16%	0.1%
RTX	C	0.34%	0.2%	0.2%
SNA	A	0.1%	0.1%	0.1%
SNPS	B	0.2%	0.15%	0.15%
SPG	B	0.35%	0.09%	0.09%
SSNC	B	0.09%	0.25%	0.09%
STLD	B	0.11%	0.05%	0.05%
STT	A	0.17%	0.25%	0.17%
STX	D	0.11%	0.05%	0.05%
SWKS	F	0.08%	0.16%	0.08%
SYY	B	0.15%	0.24%	0.15%
T	A	0.63%	0.34%	0.34%
TER	D	0.06%	0.07%	0.06%
TGT	F	0.19%	0.24%	0.19%
TJX	A	0.75%	0.39%	0.39%
TMO	F	0.34%	0.22%	0.22%
TROW	B	0.16%	0.12%	0.12%
TXT	D	0.09%	0.17%	0.09%
TYL	B	0.13%	0.04%	0.04%
UBER	D	0.49%	0.14%	0.14%
VICI	C	0.19%	0.1%	0.1%
VLO	C	0.25%	0.18%	0.18%
VRSN	F	0.1%	0.37%	0.1%
VRTX	F	0.49%	0.19%	0.19%
VST	B	0.29%	0.29%	0.29%
VTR	C	0.12%	0.04%	0.04%
VTRS	A	0.09%	0.33%	0.09%
WAT	B	0.14%	0.08%	0.08%
WMT	A	0.75%	0.93%	0.75%
WSM	B	0.11%	0.17%	0.11%
ZM	B	0.1%	0.18%	0.1%

FLSP Overweight 40 Positions Relative to GSLC

Symbol	Grade	Weight
NVS	D	0.48%
BCS	C	0.23%
SE	B	0.18%
LULU	C	0.16%
MELI	D	0.16%
AWK	D	0.13%
VEEV	C	0.12%
GOOG	C	0.11%
MOH	F	0.1%
UTHR	C	0.1%
DOCU	A	0.1%
UDR	B	0.09%
TWLO	A	0.09%
EQH	B	0.09%
DT	C	0.08%
OVV	B	0.08%
CHRW	C	0.08%
FFIV	B	0.08%
REG	B	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%
GLPI	C	0.07%
UHS	D	0.07%
ACI	C	0.06%
MKTX	D	0.06%
MTCH	D	0.06%
CHKP	D	0.06%
SEIC	B	0.06%
RPRX	D	0.06%
AIZ	A	0.06%
AER	B	0.05%
WYNN	D	0.05%
MGM	D	0.05%
MOS	F	0.05%
CRBG	B	0.05%
HII	D	0.04%

FLSP Underweight 295 Positions Relative to GSLC

Symbol	Grade	Weight
AAPL	C	-6.24%
AMZN	C	-3.38%
GOOGL	C	-1.88%
JPM	A	-1.16%
LLY	F	-1.15%
BRK.A	B	-1.15%
AVGO	D	-1.14%
COST	B	-0.84%
TSLA	B	-0.84%
V	A	-0.83%
UNH	C	-0.82%
XOM	B	-0.73%
JNJ	D	-0.62%
ACN	C	-0.45%
GWW	B	-0.44%
SYF	B	-0.41%
BAC	A	-0.41%
LOW	D	-0.41%
MRK	F	-0.39%
IBM	C	-0.38%
COF	B	-0.36%
FAST	B	-0.36%
PEP	F	-0.35%
KO	D	-0.33%
MCO	B	-0.33%
WFC	A	-0.33%
CSCO	B	-0.32%
PM	B	-0.31%
TEAM	A	-0.3%
APO	B	-0.3%
AXP	A	-0.3%
GE	D	-0.29%
MMC	B	-0.29%
HPE	B	-0.28%
YUM	B	-0.28%
LEN	D	-0.28%
C	A	-0.28%
ORLY	B	-0.28%
ORCL	B	-0.28%
DFS	B	-0.27%
FI	A	-0.27%
NTNX	A	-0.27%
TMUS	B	-0.27%
KMI	A	-0.26%
ROP	B	-0.25%
VZ	C	-0.25%
ULTA	F	-0.25%
WAB	B	-0.24%
LRCX	F	-0.24%
BSX	B	-0.24%
HUBS	A	-0.24%
AMD	F	-0.23%
TXN	C	-0.23%
CAT	B	-0.23%
PINS	D	-0.23%
WMB	A	-0.23%
WBD	C	-0.23%
RSG	A	-0.22%
ICE	C	-0.22%
ABT	B	-0.22%
AZO	C	-0.22%
ITW	B	-0.22%
PGR	A	-0.21%
IT	C	-0.21%
CB	C	-0.21%
SHW	A	-0.21%
ISRG	A	-0.2%
CVX	A	-0.2%
MCK	B	-0.19%
HLT	A	-0.19%
PSTG	D	-0.19%
CCL	B	-0.19%
NKE	D	-0.19%
DIS	B	-0.19%
CLX	B	-0.18%
OKE	A	-0.18%
TSCO	D	-0.18%
CVS	D	-0.18%
PANW	C	-0.18%
MO	A	-0.18%
ANET	C	-0.17%
MCD	D	-0.17%
AMGN	D	-0.17%
OTIS	C	-0.17%
DGX	A	-0.17%
BLK	C	-0.17%
BRO	B	-0.17%
F	C	-0.17%
TT	A	-0.16%
MSTR	C	-0.16%
GGG	B	-0.16%
KLAC	D	-0.16%
PRU	A	-0.16%
OMC	C	-0.16%
SYK	C	-0.16%
SPGI	C	-0.16%
PFG	D	-0.16%
EME	C	-0.16%
CAG	D	-0.16%
ACGL	D	-0.15%
AVY	D	-0.15%
KKR	A	-0.15%
TRV	B	-0.15%
AJG	B	-0.15%
IEX	B	-0.15%
DHR	F	-0.15%
HON	B	-0.15%
DHI	D	-0.14%
WM	A	-0.14%
GD	F	-0.14%
CINF	A	-0.14%
ETN	A	-0.14%
DAL	C	-0.14%
JKHY	D	-0.14%
IRM	D	-0.13%
CHTR	C	-0.13%
ATO	A	-0.13%
TRGP	B	-0.13%
CHD	B	-0.13%
RJF	A	-0.13%
TDY	B	-0.13%
VRT	B	-0.13%
LMT	D	-0.13%
VLTO	D	-0.13%
FDS	B	-0.12%
PPG	F	-0.12%
AKAM	D	-0.12%
ADP	B	-0.12%
LPLA	A	-0.12%
NDSN	B	-0.12%
AON	A	-0.12%
BIIB	F	-0.12%
TDG	D	-0.12%
HWM	A	-0.12%
LH	C	-0.11%
SWK	D	-0.11%
CEG	D	-0.11%
NVR	D	-0.11%
ALL	A	-0.11%
DOV	A	-0.11%
ZBH	C	-0.11%
MKL	A	-0.11%
CME	A	-0.11%
PODD	C	-0.11%
PEG	A	-0.11%
ZTS	D	-0.11%
AME	A	-0.1%
FTV	C	-0.1%
FCNCA	A	-0.1%
WPC	D	-0.1%
MAR	B	-0.1%
PPL	B	-0.1%
NI	A	-0.1%
COP	C	-0.1%
EG	C	-0.1%
CDW	F	-0.1%
DUK	C	-0.1%
DG	F	-0.1%
GEV	B	-0.09%
STZ	D	-0.09%
KHC	F	-0.09%
NDAQ	A	-0.09%
ELV	F	-0.09%
MNST	C	-0.09%
DRI	B	-0.09%
WELL	A	-0.09%
XYL	D	-0.09%
DLTR	F	-0.09%
LNT	A	-0.09%
CRWD	B	-0.09%
VRSK	A	-0.09%
CFG	B	-0.09%
AXON	A	-0.09%
NEE	D	-0.09%
BX	A	-0.09%
PWR	A	-0.09%
IP	B	-0.09%
PNC	B	-0.09%
ECL	D	-0.09%
MDLZ	F	-0.09%
ADI	D	-0.08%
LHX	C	-0.08%
SUI	D	-0.08%
HUBB	B	-0.08%
MAA	B	-0.08%
CMS	C	-0.08%
GPN	B	-0.08%
ARES	A	-0.08%
ALNY	D	-0.08%
TRMB	B	-0.08%
GLW	B	-0.08%
SO	D	-0.08%
STE	F	-0.08%
DELL	C	-0.08%
KEYS	A	-0.08%
KDP	D	-0.08%
CE	F	-0.08%
EQR	B	-0.08%
WTW	B	-0.08%
WRB	A	-0.07%
GIS	D	-0.07%
ETR	B	-0.07%
ALGN	D	-0.07%
ARE	D	-0.07%
J	F	-0.07%
WSO	A	-0.07%
PAYX	C	-0.07%
MCHP	D	-0.07%
MU	D	-0.07%
DOW	F	-0.07%
MTB	A	-0.07%
DASH	A	-0.07%
BDX	F	-0.07%
TOL	B	-0.07%
ROST	C	-0.07%
EW	C	-0.07%
CMG	B	-0.07%
INVH	D	-0.07%
EVRG	A	-0.07%
CARR	D	-0.06%
COIN	C	-0.06%
CVNA	B	-0.06%
CBRE	B	-0.06%
HAL	C	-0.06%
JCI	C	-0.06%
ILMN	D	-0.06%
ED	D	-0.06%
TSN	B	-0.06%
DE	A	-0.06%
USB	A	-0.06%
INTC	D	-0.06%
ESS	B	-0.06%
PSA	D	-0.05%
WEC	A	-0.05%
WDAY	B	-0.05%
HSY	F	-0.05%
HBAN	A	-0.05%
TRU	D	-0.05%
SRE	A	-0.05%
OXY	D	-0.05%
IBKR	A	-0.05%
O	D	-0.05%
FITB	A	-0.05%
RF	A	-0.05%
BURL	A	-0.05%
GRMN	B	-0.05%
DLR	B	-0.04%
AEP	D	-0.04%
NOC	D	-0.04%
CTRA	B	-0.04%
WY	D	-0.04%
FNF	B	-0.04%
EXC	C	-0.04%
WDC	D	-0.04%
VMC	B	-0.04%
GPC	D	-0.04%
GWRE	A	-0.04%
DTE	C	-0.04%
POOL	C	-0.04%
UNP	C	-0.04%
CNP	B	-0.04%
TTWO	A	-0.04%
BAH	F	-0.04%
EIX	B	-0.04%
D	C	-0.03%
SLB	C	-0.03%
EXR	D	-0.03%
CTVA	C	-0.03%
RVTY	F	-0.03%
EFX	F	-0.03%
MPWR	F	-0.03%
MLM	B	-0.03%
IFF	D	-0.03%
PLTR	B	-0.03%
URI	B	-0.03%
SCHW	B	-0.03%
PFE	D	-0.02%
AMT	D	-0.02%
EQIX	A	-0.02%
ZBRA	B	-0.02%
TW	A	-0.02%
KVUE	A	-0.02%
AEE	A	-0.02%
KIM	A	-0.02%
HUM	C	-0.02%
ODFL	B	-0.02%
DXCM	D	-0.02%
TFC	A	-0.02%
GEHC	F	-0.02%
RMD	C	-0.02%
FANG	D	-0.02%
KEY	B	-0.02%
PNR	A	-0.02%
PCG	A	-0.02%
SMCI	F	-0.01%