FLSP vs. JEPI ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to JPMorgan Equity Premium Income ETF (JEPI)

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

JEPI

JPMorgan Equity Premium Income ETF

JEPI Description

The investment seeks current income while maintaining prospects for capital appreciation. The fund seeks to provide the majority of the returns associated with its primary benchmark, the Standard & Poor's 500 Total Return Index (S&P 500 Index), while exposing investors to less risk through lower volatility and still offering incremental income. Under normal circumstances, the fund invests at least 80% of its assets in equity securities. It may also invest in other equity securities not included in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$60.16

Average Daily Volume

2,893,017

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	JEPI
30 Days	0.69%	1.71%
60 Days	0.06%	2.75%
90 Days	0.73%	5.60%
12 Months	6.54%	13.92%

33 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in JEPI	Overlap
ABBV	D	0.59%	1.28%	0.59%
AMP	A	0.22%	0.54%	0.22%
BKNG	A	0.87%	0.8%	0.8%
BMY	B	0.59%	1.02%	0.59%
CDNS	B	0.32%	0.36%	0.32%
CMCSA	B	0.42%	1.34%	0.42%
CPAY	A	0.12%	0.75%	0.12%
CRM	B	0.7%	0.93%	0.7%
CSX	B	0.31%	0.81%	0.31%
CTSH	B	0.21%	0.83%	0.21%
EOG	A	0.44%	0.9%	0.44%
FDX	B	0.27%	0.38%	0.27%
INTU	C	0.68%	0.91%	0.68%
IR	B	0.16%	0.37%	0.16%
LDOS	C	0.13%	0.28%	0.13%
LIN	D	0.13%	1.01%	0.13%
LYB	F	0.11%	0.18%	0.11%
MA	C	0.77%	1.59%	0.77%
MDT	D	0.6%	0.6%	0.6%
MET	A	0.21%	0.32%	0.21%
META	D	0.45%	1.5%	0.45%
MSFT	F	0.57%	1.41%	0.57%
MSI	B	0.48%	0.32%	0.32%
NOW	A	0.75%	1.63%	0.75%
NVDA	C	0.62%	1.61%	0.62%
PG	A	0.13%	1.13%	0.13%
REGN	F	0.33%	0.93%	0.33%
RTX	C	0.34%	0.57%	0.34%
STX	D	0.11%	0.35%	0.11%
TMO	F	0.34%	1.21%	0.34%
TXT	D	0.09%	0.41%	0.09%
VRTX	F	0.49%	1.17%	0.49%
WMT	A	0.75%	0.65%	0.65%

FLSP Overweight 150 Positions Relative to JEPI

Symbol	Grade	Weight
ADBE	C	0.91%
QCOM	F	0.83%
TJX	A	0.75%
AMAT	F	0.66%
T	A	0.63%
GILD	C	0.61%
UBER	D	0.49%
NVS	D	0.48%
PYPL	B	0.45%
NFLX	A	0.45%
MMM	D	0.41%
ADSK	A	0.36%
HCA	F	0.36%
GM	B	0.36%
CL	D	0.36%
SPG	B	0.35%
CTAS	B	0.35%
FICO	B	0.34%
AFL	B	0.33%
FTNT	C	0.32%
APP	B	0.31%
BK	A	0.31%
VST	B	0.29%
LNG	B	0.29%
HD	A	0.28%
MPC	D	0.27%
FIS	C	0.26%
CMI	A	0.25%
VLO	C	0.25%
KR	B	0.24%
KMB	D	0.23%
PH	A	0.23%
A	D	0.23%
PSX	C	0.23%
EA	A	0.23%
BCS	C	0.23%
CI	F	0.22%
CPRT	A	0.22%
RCL	A	0.21%
AIG	B	0.21%
SNPS	B	0.2%
HPQ	B	0.2%
VICI	C	0.19%
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%
MELI	D	0.16%
GDDY	A	0.15%
MS	A	0.15%
SYY	B	0.15%
MTD	D	0.15%
ANSS	B	0.14%
WAT	B	0.14%
PCAR	B	0.14%
EXPE	B	0.14%
IDXX	F	0.14%
NUE	C	0.14%
AWK	D	0.13%
CNC	D	0.13%
DVN	F	0.13%
AVB	B	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%
BR	A	0.12%
VEEV	C	0.12%
BBY	D	0.11%
CSL	C	0.11%
PKG	A	0.11%
HOLX	D	0.11%
LII	A	0.11%
STLD	B	0.11%
GOOG	C	0.11%
WSM	B	0.11%
LVS	C	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%
UTHR	C	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%
GEN	B	0.1%
UDR	B	0.09%
L	A	0.09%
TWLO	A	0.09%
ROL	B	0.09%
VTRS	A	0.09%
EQH	B	0.09%
SSNC	B	0.09%
OC	A	0.09%
EXPD	D	0.09%
MANH	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%
GLPI	C	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 84 Positions Relative to JEPI

Symbol	Grade	Weight
TT	A	-1.73%
PGR	A	-1.68%
AMZN	C	-1.61%
SO	D	-1.52%
V	A	-1.49%
HON	B	-1.42%
GOOGL	C	-1.38%
LOW	D	-1.36%
NEE	D	-1.35%
UNH	C	-1.32%
SYK	C	-1.29%
PEP	F	-1.26%
NXPI	D	-1.21%
CME	A	-1.18%
YUM	B	-1.17%
TXN	C	-1.16%
ADI	D	-1.16%
ETN	A	-1.16%
MDLZ	F	-1.14%
COST	B	-1.13%
KO	D	-1.04%
TRV	B	-1.03%
ROST	C	-0.99%
XOM	B	-0.95%
OTIS	C	-0.93%
EQIX	A	-0.91%
COP	C	-0.89%
UPS	C	-0.86%
ACN	C	-0.84%
FI	A	-0.83%
AXP	A	-0.81%
EMR	A	-0.8%
AZO	C	-0.8%
CMG	B	-0.8%
MNST	C	-0.77%
LLY	F	-0.75%
SBAC	D	-0.75%
PEG	A	-0.73%
CHD	B	-0.72%
BRK.A	B	-0.71%
AAPL	C	-0.67%
ABT	B	-0.63%
DE	A	-0.62%
MCD	D	-0.61%
CMS	C	-0.57%
PLD	D	-0.48%
MRVL	B	-0.46%
BSX	B	-0.46%
ASML	F	-0.45%
CB	C	-0.42%
TDG	D	-0.41%
PCG	A	-0.41%
JNJ	D	-0.4%
PM	B	-0.39%
JKHY	D	-0.39%
ELV	F	-0.36%
CARR	D	-0.36%
BURL	A	-0.36%
BAC	A	-0.34%
DOW	F	-0.32%
URI	B	-0.32%
DHR	F	-0.31%
MU	D	-0.3%
PPG	F	-0.29%
MRK	F	-0.28%
AMT	D	-0.26%
AON	A	-0.26%
USB	A	-0.26%
HWM	A	-0.23%
KVUE	A	-0.22%
UNP	C	-0.21%
MO	A	-0.21%
AJG	B	-0.21%
KEYS	A	-0.18%
D	C	-0.18%
WELL	A	-0.17%
AME	A	-0.17%
MMC	B	-0.17%
GWW	B	-0.14%
NOC	D	-0.13%
DOV	A	-0.12%
ETR	B	-0.1%
DTE	C	-0.1%
ELS	C	-0.04%