FLSP vs. HLAL ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to Wahed FTSE USA Shariah ETF (HLAL)

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

HLAL

Wahed FTSE USA Shariah ETF

HLAL Description

The investment seeks to track the total return performance, before fees and expenses, of the FTSE USA Shariah Index. The index is composed of common stocks of large and mid-capitalization U.S. companies the characteristics of which meet the requirements of the Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Under normal circumstances, at least 80% of its total assets will be invested in the component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.60

Average Daily Volume

60,755

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	HLAL
30 Days	0.69%	2.35%
60 Days	0.06%	1.62%
90 Days	0.73%	3.31%
12 Months	6.54%	20.13%

59 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in HLAL	Overlap
A	D	0.23%	0.17%	0.17%
ADBE	C	0.91%	0.98%	0.91%
ADM	D	0.16%	0.11%	0.11%
ADSK	A	0.36%	0.3%	0.3%
AMAT	F	0.66%	0.63%	0.63%
ANSS	B	0.14%	0.13%	0.13%
BG	F	0.07%	0.06%	0.06%
BLDR	D	0.1%	0.09%	0.09%
CAH	B	0.12%	0.13%	0.12%
CDNS	B	0.32%	0.37%	0.32%
CF	B	0.1%	0.07%	0.07%
CMI	A	0.25%	0.22%	0.22%
COR	B	0.04%	0.18%	0.04%
CRM	B	0.7%	1.36%	0.7%
CTAS	B	0.35%	0.34%	0.34%
DVN	F	0.13%	0.11%	0.11%
EA	A	0.23%	0.2%	0.2%
EBAY	D	0.18%	0.14%	0.14%
EL	F	0.1%	0.07%	0.07%
EXPD	D	0.09%	0.08%	0.08%
FDX	B	0.27%	0.29%	0.27%
FFIV	B	0.08%	0.06%	0.06%
GOOG	C	0.11%	3.91%	0.11%
HOLX	D	0.11%	0.08%	0.08%
HPQ	B	0.2%	0.16%	0.16%
IDXX	F	0.14%	0.15%	0.14%
IR	B	0.16%	0.19%	0.16%
LIN	D	0.13%	0.97%	0.13%
LULU	C	0.16%	0.17%	0.16%
LYB	F	0.11%	0.1%	0.1%
MDT	D	0.6%	0.49%	0.49%
META	D	0.45%	5.55%	0.45%
MMM	D	0.41%	0.32%	0.32%
MPC	D	0.27%	0.25%	0.25%
MRO	B	0.1%	0.07%	0.07%
MSFT	F	0.57%	13.84%	0.57%
NOW	A	0.75%	0.92%	0.75%
NTAP	C	0.16%	0.11%	0.11%
NUE	C	0.14%	0.16%	0.14%
ON	D	0.04%	0.13%	0.04%
PCAR	B	0.14%	0.25%	0.14%
PG	A	0.13%	1.81%	0.13%
PHM	D	0.11%	0.12%	0.11%
PKG	A	0.11%	0.1%	0.1%
PSX	C	0.23%	0.25%	0.23%
PTC	A	0.1%	0.1%	0.1%
QCOM	F	0.83%	0.77%	0.77%
REG	B	0.08%	0.06%	0.06%
REGN	F	0.33%	0.35%	0.33%
ROL	B	0.09%	0.06%	0.06%
SNA	A	0.1%	0.08%	0.08%
SNPS	B	0.2%	0.37%	0.2%
STLD	B	0.11%	0.1%	0.1%
TER	D	0.06%	0.07%	0.06%
TJX	A	0.75%	0.61%	0.61%
TMO	F	0.34%	0.87%	0.34%
TYL	B	0.13%	0.11%	0.11%
UBER	D	0.49%	0.62%	0.49%
VLO	C	0.25%	0.2%	0.2%

FLSP Overweight 124 Positions Relative to HLAL

Symbol	Grade	Weight
BKNG	A	0.87%
MA	C	0.77%
WMT	A	0.75%
INTU	C	0.68%
T	A	0.63%
NVDA	C	0.62%
GILD	C	0.61%
ABBV	D	0.59%
BMY	B	0.59%
VRTX	F	0.49%
NVS	D	0.48%
MSI	B	0.48%
PYPL	B	0.45%
NFLX	A	0.45%
EOG	A	0.44%
CMCSA	B	0.42%
HCA	F	0.36%
GM	B	0.36%
CL	D	0.36%
SPG	B	0.35%
RTX	C	0.34%
FICO	B	0.34%
AFL	B	0.33%
FTNT	C	0.32%
APP	B	0.31%
CSX	B	0.31%
BK	A	0.31%
VST	B	0.29%
LNG	B	0.29%
HD	A	0.28%
FIS	C	0.26%
KR	B	0.24%
KMB	D	0.23%
PH	A	0.23%
BCS	C	0.23%
CI	F	0.22%
CPRT	A	0.22%
AMP	A	0.22%
RCL	A	0.21%
MET	A	0.21%
AIG	B	0.21%
CTSH	B	0.21%
VICI	C	0.19%
TGT	F	0.19%
HIG	B	0.19%
SE	B	0.18%
APH	A	0.18%
IQV	D	0.17%
STT	A	0.17%
TROW	B	0.16%
DECK	A	0.16%
MELI	D	0.16%
GDDY	A	0.15%
MS	A	0.15%
SYY	B	0.15%
MTD	D	0.15%
WAT	B	0.14%
EXPE	B	0.14%
AWK	D	0.13%
CNC	D	0.13%
LDOS	C	0.13%
AVB	B	0.13%
CBOE	B	0.12%
K	A	0.12%
VTR	C	0.12%
NRG	B	0.12%
CPAY	A	0.12%
NTRS	A	0.12%
LYV	A	0.12%
BR	A	0.12%
VEEV	C	0.12%
BBY	D	0.11%
CSL	C	0.11%
STX	D	0.11%
LII	A	0.11%
WSM	B	0.11%
LVS	C	0.11%
JBL	B	0.1%
MAS	D	0.1%
MOH	F	0.1%
RS	B	0.1%
UTHR	C	0.1%
VRSN	F	0.1%
DOCU	A	0.1%
FE	C	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%
MANH	D	0.09%
AVTR	F	0.08%
DT	C	0.08%
OVV	B	0.08%
CHRW	C	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%
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%
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 139 Positions Relative to HLAL

Symbol	Grade	Weight
AAPL	C	-14.91%
GOOGL	C	-4.63%
TSLA	B	-4.25%
XOM	B	-2.42%
JNJ	D	-1.65%
CVX	A	-1.24%
MRK	F	-1.11%
KO	D	-1.1%
CSCO	B	-1.04%
AMD	F	-0.99%
ABT	B	-0.9%
ISRG	A	-0.85%
TXN	C	-0.81%
DHR	F	-0.67%
SYK	C	-0.63%
PFE	D	-0.63%
BSX	B	-0.6%
COP	C	-0.6%
ADP	B	-0.55%
PANW	C	-0.54%
MU	D	-0.49%
PLD	D	-0.48%
ADI	D	-0.47%
INTC	D	-0.46%
UPS	C	-0.43%
TT	A	-0.42%
LRCX	F	-0.41%
GEV	B	-0.41%
NKE	D	-0.4%
MDLZ	F	-0.39%
KLAC	D	-0.37%
WELL	A	-0.37%
MCK	B	-0.36%
MRVL	B	-0.35%
EMR	A	-0.33%
APD	A	-0.33%
CEG	D	-0.33%
BDX	F	-0.29%
SLB	C	-0.28%
CARR	D	-0.28%
ROP	B	-0.26%
JCI	C	-0.25%
NXPI	D	-0.25%
PWR	A	-0.22%
DHI	D	-0.22%
VRT	B	-0.22%
NEM	D	-0.22%
GWW	B	-0.22%
ROST	C	-0.21%
FAST	B	-0.21%
AXON	A	-0.2%
BKR	B	-0.2%
KVUE	A	-0.2%
HES	B	-0.19%
EW	C	-0.19%
ODFL	B	-0.19%
LEN	D	-0.18%
CTVA	C	-0.18%
GEHC	F	-0.17%
IT	C	-0.17%
RMD	C	-0.16%
MLM	B	-0.16%
GLW	B	-0.16%
DELL	C	-0.16%
VMC	B	-0.16%
DD	D	-0.15%
OXY	D	-0.15%
KDP	D	-0.15%
WAB	B	-0.15%
FANG	D	-0.15%
GRMN	B	-0.14%
ROK	B	-0.14%
TTWO	A	-0.14%
PPG	F	-0.13%
TSCO	D	-0.13%
XYL	D	-0.13%
VLTO	D	-0.12%
DOW	F	-0.12%
FTV	C	-0.12%
CHD	B	-0.12%
DOV	A	-0.12%
HAL	C	-0.12%
HUBB	B	-0.11%
ATO	A	-0.1%
ZBH	C	-0.1%
WY	D	-0.1%
WST	C	-0.1%
BIIB	F	-0.1%
IFF	D	-0.1%
OMC	C	-0.09%
MKC	D	-0.09%
ZBRA	B	-0.09%
FSLR	F	-0.09%
LH	C	-0.09%
STE	F	-0.09%
WDC	D	-0.09%
ILMN	D	-0.09%
ALGN	D	-0.08%
GPC	D	-0.08%
IEX	B	-0.08%
BURL	A	-0.08%
PNR	A	-0.08%
TRMB	B	-0.08%
DGX	A	-0.08%
ARE	D	-0.08%
PODD	C	-0.08%
JBHT	C	-0.07%
FLEX	A	-0.07%
ULTA	F	-0.07%
IP	B	-0.07%
ICLR	D	-0.07%
DLTR	F	-0.06%
SMCI	F	-0.06%
ALB	C	-0.06%
SWK	D	-0.06%
AKAM	D	-0.06%
POOL	C	-0.06%
RVTY	F	-0.06%
APTV	D	-0.06%
DAL	C	-0.05%
TECH	D	-0.05%
IPG	D	-0.05%
NWSA	B	-0.05%
JNPR	F	-0.05%
OKTA	C	-0.05%
BMRN	D	-0.05%
TFX	F	-0.04%
SCCO	F	-0.04%
CRL	C	-0.04%
LKQ	D	-0.04%
WBA	F	-0.03%
QRVO	F	-0.03%
UAL	A	-0.03%
NWS	B	-0.02%
GFS	C	-0.02%
WLK	D	-0.02%
LUV	C	-0.02%
AGR	B	-0.01%
LEN	D	-0.0%