FLSP vs. GSUS ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to Goldman Sachs MarketBeta U.S. Equity ETF (GSUS)

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

GSUS

Goldman Sachs MarketBeta U.S. Equity ETF

GSUS Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive GBS United States Large & Mid Cap Index. The fund invests at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index consists of equity securities of large and mid-capitalization equity issuers covering approximately the largest 85% of the free-float market capitalization in the United States.

Grade (RS Rating)

Last Trade

$82.16

Average Daily Volume

123,683

Number of Holdings ^*

449

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	GSUS
30 Days	0.69%	3.38%
60 Days	0.06%	4.89%
90 Days	0.73%	6.69%
12 Months	6.54%	32.27%

131 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in GSUS	Overlap
A	D	0.23%	0.07%	0.07%
ABBV	D	0.59%	0.59%	0.59%
ADBE	C	0.91%	0.44%	0.44%
ADM	D	0.16%	0.05%	0.05%
ADSK	A	0.36%	0.13%	0.13%
AFL	B	0.33%	0.11%	0.11%
AIG	B	0.21%	0.1%	0.1%
AMAT	F	0.66%	0.28%	0.28%
AMP	A	0.22%	0.11%	0.11%
ANSS	B	0.14%	0.06%	0.06%
APH	A	0.18%	0.17%	0.17%
APP	B	0.31%	0.14%	0.14%
AVB	B	0.13%	0.07%	0.07%
AVTR	F	0.08%	0.03%	0.03%
AWK	D	0.13%	0.05%	0.05%
BBY	D	0.11%	0.03%	0.03%
BK	A	0.31%	0.12%	0.12%
BKNG	A	0.87%	0.33%	0.33%
BMY	B	0.59%	0.24%	0.24%
BR	A	0.12%	0.05%	0.05%
CAH	B	0.12%	0.06%	0.06%
CBOE	B	0.12%	0.04%	0.04%
CDNS	B	0.32%	0.16%	0.16%
CI	F	0.22%	0.18%	0.18%
CL	D	0.36%	0.15%	0.15%
CMCSA	B	0.42%	0.33%	0.33%
CMI	A	0.25%	0.1%	0.1%
CNC	D	0.13%	0.06%	0.06%
COR	B	0.04%	0.08%	0.04%
CPAY	A	0.12%	0.05%	0.05%
CPRT	A	0.22%	0.1%	0.1%
CRM	B	0.7%	0.6%	0.6%
CSX	B	0.31%	0.14%	0.14%
CTAS	B	0.35%	0.15%	0.15%
CTSH	B	0.21%	0.08%	0.08%
DPZ	C	0.08%	0.03%	0.03%
DVN	F	0.13%	0.05%	0.05%
EA	A	0.23%	0.08%	0.08%
EBAY	D	0.18%	0.06%	0.06%
EL	F	0.1%	0.03%	0.03%
EOG	A	0.44%	0.15%	0.15%
EXPD	D	0.09%	0.03%	0.03%
EXPE	B	0.14%	0.05%	0.05%
FDX	B	0.27%	0.13%	0.13%
FE	C	0.1%	0.05%	0.05%
FICO	B	0.34%	0.11%	0.11%
FIS	C	0.26%	0.09%	0.09%
FOXA	B	0.07%	0.02%	0.02%
FTNT	C	0.32%	0.11%	0.11%
GEN	B	0.1%	0.03%	0.03%
GILD	C	0.61%	0.22%	0.22%
GM	B	0.36%	0.12%	0.12%
GOOG	C	0.11%	1.88%	0.11%
HCA	F	0.36%	0.13%	0.13%
HD	A	0.28%	0.81%	0.28%
HIG	B	0.19%	0.07%	0.07%
HOLX	D	0.11%	0.04%	0.04%
HPQ	B	0.2%	0.07%	0.07%
IDXX	F	0.14%	0.07%	0.07%
INTU	C	0.68%	0.35%	0.35%
IQV	D	0.17%	0.07%	0.07%
IR	B	0.16%	0.08%	0.08%
K	A	0.12%	0.04%	0.04%
KMB	D	0.23%	0.09%	0.09%
KR	B	0.24%	0.08%	0.08%
L	A	0.09%	0.03%	0.03%
LDOS	C	0.13%	0.04%	0.04%
LIN	D	0.13%	0.43%	0.13%
LNG	B	0.29%	0.1%	0.1%
LULU	C	0.16%	0.07%	0.07%
LVS	C	0.11%	0.04%	0.04%
LYB	F	0.11%	0.04%	0.04%
LYV	A	0.12%	0.04%	0.04%
MA	C	0.77%	0.86%	0.77%
MAS	D	0.1%	0.03%	0.03%
MDT	D	0.6%	0.22%	0.22%
MELI	D	0.16%	0.18%	0.16%
MET	A	0.21%	0.1%	0.1%
META	D	0.45%	2.45%	0.45%
MMM	D	0.41%	0.14%	0.14%
MPC	D	0.27%	0.11%	0.11%
MS	A	0.15%	0.33%	0.15%
MSFT	F	0.57%	6.15%	0.57%
MSI	B	0.48%	0.16%	0.16%
MTD	D	0.15%	0.05%	0.05%
NFLX	A	0.45%	0.73%	0.45%
NOW	A	0.75%	0.42%	0.42%
NTAP	C	0.16%	0.05%	0.05%
NTRS	A	0.12%	0.04%	0.04%
NUE	C	0.14%	0.07%	0.07%
NVDA	C	0.62%	6.96%	0.62%
ON	D	0.04%	0.06%	0.04%
PCAR	B	0.14%	0.11%	0.11%
PG	A	0.13%	0.81%	0.13%
PH	A	0.23%	0.18%	0.18%
PHM	D	0.11%	0.05%	0.05%
PKG	A	0.11%	0.04%	0.04%
PSX	C	0.23%	0.11%	0.11%
PYPL	B	0.45%	0.17%	0.17%
QCOM	F	0.83%	0.37%	0.37%
RCL	A	0.21%	0.1%	0.1%
REGN	F	0.33%	0.16%	0.16%
ROL	B	0.09%	0.03%	0.03%
RPRX	D	0.06%	0.02%	0.02%
RTX	C	0.34%	0.32%	0.32%
SNA	A	0.1%	0.04%	0.04%
SNPS	B	0.2%	0.17%	0.17%
SPG	B	0.35%	0.12%	0.12%
SSNC	B	0.09%	0.03%	0.03%
STT	A	0.17%	0.06%	0.06%
STX	D	0.11%	0.04%	0.04%
SWKS	F	0.08%	0.03%	0.03%
SYY	B	0.15%	0.07%	0.07%
T	A	0.63%	0.33%	0.33%
TER	D	0.06%	0.03%	0.03%
TGT	F	0.19%	0.14%	0.14%
TJX	A	0.75%	0.27%	0.27%
TMO	F	0.34%	0.39%	0.34%
TROW	B	0.16%	0.05%	0.05%
TXT	D	0.09%	0.03%	0.03%
UBER	D	0.49%	0.28%	0.28%
VEEV	C	0.12%	0.06%	0.06%
VICI	C	0.19%	0.07%	0.07%
VLO	C	0.25%	0.09%	0.09%
VRSN	F	0.1%	0.03%	0.03%
VRTX	F	0.49%	0.23%	0.23%
VST	B	0.29%	0.11%	0.11%
VTR	C	0.12%	0.05%	0.05%
WAT	B	0.14%	0.04%	0.04%
WMT	A	0.75%	0.76%	0.75%
ZM	B	0.1%	0.04%	0.04%

FLSP Overweight 52 Positions Relative to GSUS

Symbol	Grade	Weight
NVS	D	0.48%
BCS	C	0.23%
SE	B	0.18%
DECK	A	0.16%
GDDY	A	0.15%
TYL	B	0.13%
NRG	B	0.12%
CSL	C	0.11%
LII	A	0.11%
STLD	B	0.11%
WSM	B	0.11%
MRO	B	0.1%
JBL	B	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%
UDR	B	0.09%
TWLO	A	0.09%
VTRS	A	0.09%
EQH	B	0.09%
OC	A	0.09%
MANH	D	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%
TAP	C	0.07%
DKS	C	0.07%
INCY	C	0.07%
BG	F	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%
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%
HII	D	0.04%

FLSP Underweight 318 Positions Relative to GSUS

Symbol	Grade	Weight
AAPL	C	-6.79%
AMZN	C	-3.85%
GOOGL	C	-2.09%
TSLA	B	-1.93%
AVGO	D	-1.52%
JPM	A	-1.38%
LLY	F	-1.25%
BRK.A	B	-1.24%
UNH	C	-1.07%
XOM	B	-1.06%
V	A	-1.05%
COST	B	-0.83%
JNJ	D	-0.74%
BAC	A	-0.63%
ORCL	B	-0.61%
CVX	A	-0.55%
WFC	A	-0.5%
KO	D	-0.49%
MRK	F	-0.49%
CSCO	B	-0.46%
ACN	C	-0.45%
AMD	F	-0.45%
PEP	F	-0.43%
MCD	D	-0.42%
PM	B	-0.41%
ABT	B	-0.41%
DIS	B	-0.41%
GE	D	-0.39%
IBM	C	-0.39%
ISRG	A	-0.38%
TXN	C	-0.37%
GS	A	-0.37%
CAT	B	-0.37%
VZ	C	-0.36%
SPGI	C	-0.32%
NEE	D	-0.32%
AXP	A	-0.32%
LOW	D	-0.3%
HON	B	-0.3%
DHR	F	-0.3%
PGR	A	-0.3%
AMGN	D	-0.3%
BLK	C	-0.3%
UNP	C	-0.29%
PFE	D	-0.29%
ETN	A	-0.29%
BX	A	-0.27%
BSX	B	-0.27%
C	A	-0.26%
COP	C	-0.26%
FI	A	-0.25%
SYK	C	-0.25%
PLTR	B	-0.25%
PANW	C	-0.25%
LMT	D	-0.25%
SCHW	B	-0.24%
ADP	B	-0.24%
TMUS	B	-0.23%
CB	C	-0.23%
MMC	B	-0.22%
MU	D	-0.22%
SBUX	A	-0.22%
KKR	A	-0.21%
INTC	D	-0.21%
ADI	D	-0.21%
PLD	D	-0.21%
DE	A	-0.2%
TT	A	-0.19%
GEV	B	-0.19%
AMT	D	-0.19%
MO	A	-0.19%
SO	D	-0.19%
UPS	C	-0.19%
NKE	D	-0.18%
DUK	C	-0.18%
WM	A	-0.18%
ICE	C	-0.18%
LRCX	F	-0.18%
ANET	C	-0.18%
ELV	F	-0.18%
CME	A	-0.17%
KLAC	D	-0.17%
WELL	A	-0.17%
BA	F	-0.17%
MDLZ	F	-0.17%
EQIX	A	-0.17%
SHW	A	-0.17%
ITW	B	-0.16%
ZTS	D	-0.16%
MCK	B	-0.16%
CMG	B	-0.16%
CRWD	B	-0.16%
PNC	B	-0.16%
CEG	D	-0.15%
EMR	A	-0.15%
MCO	B	-0.15%
AON	A	-0.15%
USB	A	-0.15%
MRVL	B	-0.15%
APO	B	-0.14%
TDG	D	-0.14%
COF	B	-0.14%
ORLY	B	-0.14%
CVS	D	-0.14%
WMB	A	-0.14%
NOC	D	-0.14%
APD	A	-0.14%
CARR	D	-0.13%
FCX	D	-0.13%
AJG	B	-0.13%
GD	F	-0.13%
COIN	C	-0.13%
BDX	F	-0.13%
OKE	A	-0.13%
MAR	B	-0.13%
SPOT	B	-0.13%
ROP	B	-0.12%
NSC	B	-0.12%
SRE	A	-0.12%
TRV	B	-0.12%
HLT	A	-0.12%
DLR	B	-0.12%
SLB	C	-0.12%
ECL	D	-0.12%
TFC	A	-0.12%
TTD	B	-0.11%
PSA	D	-0.11%
URI	B	-0.11%
WDAY	B	-0.11%
KMI	A	-0.11%
JCI	C	-0.11%
ABNB	C	-0.11%
DASH	A	-0.11%
PWR	A	-0.1%
VRT	B	-0.1%
D	C	-0.1%
NEM	D	-0.1%
O	D	-0.1%
AEP	D	-0.1%
SQ	B	-0.1%
ALL	A	-0.1%
GWW	B	-0.1%
AZO	C	-0.1%
DFS	B	-0.09%
F	C	-0.09%
BKR	B	-0.09%
RSG	A	-0.09%
PRU	A	-0.09%
AME	A	-0.09%
PCG	A	-0.09%
PEG	A	-0.09%
CCI	D	-0.09%
PAYX	C	-0.09%
KVUE	A	-0.09%
ROST	C	-0.09%
LHX	C	-0.09%
MSCI	C	-0.09%
FLUT	A	-0.09%
FAST	B	-0.09%
HWM	A	-0.09%
DHI	D	-0.09%
MNST	C	-0.08%
STZ	D	-0.08%
XEL	A	-0.08%
EXC	C	-0.08%
IT	C	-0.08%
TEAM	A	-0.08%
LEN	D	-0.08%
OTIS	C	-0.08%
DDOG	A	-0.08%
ODFL	B	-0.08%
HES	B	-0.08%
VRSK	A	-0.08%
CBRE	B	-0.08%
DELL	C	-0.08%
CTVA	C	-0.08%
SNOW	C	-0.08%
DAL	C	-0.08%
EW	C	-0.08%
EIX	B	-0.07%
NDAQ	A	-0.07%
HUBS	A	-0.07%
ED	D	-0.07%
KDP	D	-0.07%
HUM	C	-0.07%
IRM	D	-0.07%
ACGL	D	-0.07%
EXR	D	-0.07%
RMD	C	-0.07%
GIS	D	-0.07%
MCHP	D	-0.07%
WAB	B	-0.07%
OXY	D	-0.07%
GEHC	F	-0.07%
MTB	A	-0.07%
MLM	B	-0.07%
GLW	B	-0.07%
VMC	B	-0.07%
YUM	B	-0.07%
CHTR	C	-0.07%
HAL	C	-0.06%
DOV	A	-0.06%
MPWR	F	-0.06%
HPE	B	-0.06%
CVNA	B	-0.06%
PPG	F	-0.06%
NET	B	-0.06%
XYL	D	-0.06%
ALNY	D	-0.06%
CSGP	D	-0.06%
GPN	B	-0.06%
DXCM	D	-0.06%
EFX	F	-0.06%
TSCO	D	-0.06%
RJF	A	-0.06%
DD	D	-0.06%
UAL	A	-0.06%
DOW	F	-0.06%
ARES	A	-0.06%
WEC	A	-0.06%
TTWO	A	-0.06%
ETR	B	-0.06%
FITB	A	-0.06%
WTW	B	-0.06%
GRMN	B	-0.06%
ROK	B	-0.06%
FANG	D	-0.06%
BIIB	F	-0.05%
WY	D	-0.05%
WST	C	-0.05%
IFF	D	-0.05%
ZBH	C	-0.05%
CINF	A	-0.05%
CDW	F	-0.05%
SBAC	D	-0.05%
AEE	A	-0.05%
RF	A	-0.05%
KHC	F	-0.05%
DTE	C	-0.05%
HSY	F	-0.05%
CCL	B	-0.05%
NVR	D	-0.05%
PPL	B	-0.05%
HBAN	A	-0.05%
EQR	B	-0.05%
SYF	B	-0.05%
RBLX	C	-0.05%
FTV	C	-0.05%
CPNG	D	-0.05%
KEYS	A	-0.05%
CHD	B	-0.05%
PINS	D	-0.04%
TSN	B	-0.04%
KEY	B	-0.04%
DGX	A	-0.04%
WRB	A	-0.04%
MAA	B	-0.04%
BALL	D	-0.04%
TRU	D	-0.04%
IBKR	A	-0.04%
MKC	D	-0.04%
ZS	C	-0.04%
ESS	B	-0.04%
OMC	C	-0.04%
LUV	C	-0.04%
DRI	B	-0.04%
INVH	D	-0.04%
ZBRA	B	-0.04%
CTRA	B	-0.04%
PFG	D	-0.04%
CNP	B	-0.04%
IP	B	-0.04%
DKNG	B	-0.04%
LH	C	-0.04%
MDB	C	-0.04%
CMS	C	-0.04%
CLX	B	-0.04%
STE	F	-0.04%
WBD	C	-0.04%
ILMN	D	-0.04%
CFG	B	-0.04%
ES	D	-0.04%
MKL	A	-0.04%
ATO	A	-0.04%
WDC	D	-0.04%
CAG	D	-0.03%
ARM	D	-0.03%
AKAM	D	-0.03%
DLTR	F	-0.03%
SMCI	F	-0.03%
APTV	D	-0.03%
AMCR	D	-0.03%
JBHT	C	-0.03%
DOC	D	-0.03%
LNT	A	-0.03%
FNF	B	-0.03%
ALGN	D	-0.03%
ARE	D	-0.03%
BAX	D	-0.03%
ULTA	F	-0.03%
GPC	D	-0.03%
DG	F	-0.03%
TRMB	B	-0.03%
CE	F	-0.02%
ENPH	F	-0.02%
CPB	D	-0.02%
HRL	D	-0.02%
SCCO	F	-0.02%
DOX	D	-0.02%
SNAP	C	-0.02%
EG	C	-0.02%
MRNA	F	-0.02%
AGR	B	-0.01%
GFS	C	-0.01%
WMG	C	-0.01%
FOX	A	-0.01%
LEN	D	-0.0%
RKT	F	-0.0%