FLSP vs. JMOM ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to JPMorgan U.S. Momentum Factor ETF (JMOM)

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

JMOM

JPMorgan U.S. Momentum Factor ETF

JMOM Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Momentum Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent positive momentum factor characteristics.

Grade (RS Rating)

Last Trade

$60.97

Average Daily Volume

48,194

Number of Holdings ^*

271

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	JMOM
30 Days	0.69%	5.45%
60 Days	0.06%	7.40%
90 Days	0.73%	9.79%
12 Months	6.54%	41.42%

74 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in JMOM	Overlap
ABBV	D	0.59%	1.04%	0.59%
AFL	B	0.33%	0.36%	0.33%
AMAT	F	0.66%	0.63%	0.63%
AMP	A	0.22%	0.41%	0.22%
APH	A	0.18%	0.48%	0.18%
APP	B	0.31%	0.95%	0.31%
BK	A	0.31%	0.39%	0.31%
BKNG	A	0.87%	0.73%	0.73%
BR	A	0.12%	0.02%	0.02%
CAH	B	0.12%	0.27%	0.12%
CBOE	B	0.12%	0.24%	0.12%
CL	D	0.36%	0.4%	0.36%
COR	B	0.04%	0.31%	0.04%
CPRT	A	0.22%	0.33%	0.22%
CRBG	B	0.05%	0.15%	0.05%
CRM	B	0.7%	1.21%	0.7%
CTAS	B	0.35%	0.44%	0.35%
DECK	A	0.16%	0.29%	0.16%
DKS	C	0.07%	0.2%	0.07%
FE	C	0.1%	0.1%	0.1%
FFIV	B	0.08%	0.26%	0.08%
FICO	B	0.34%	0.41%	0.34%
GDDY	A	0.15%	0.31%	0.15%
GEN	B	0.1%	0.26%	0.1%
HCA	F	0.36%	0.19%	0.19%
HD	A	0.28%	1.37%	0.28%
HIG	B	0.19%	0.28%	0.19%
HII	D	0.04%	0.07%	0.04%
HPQ	B	0.2%	0.2%	0.2%
INTU	C	0.68%	0.73%	0.68%
IQV	D	0.17%	0.23%	0.17%
KR	B	0.24%	0.25%	0.24%
LDOS	C	0.13%	0.26%	0.13%
LII	A	0.11%	0.26%	0.11%
LIN	D	0.13%	0.2%	0.13%
MANH	D	0.09%	0.23%	0.09%
META	D	0.45%	1.99%	0.45%
MOH	F	0.1%	0.2%	0.1%
MPC	D	0.27%	0.35%	0.27%
MSFT	F	0.57%	1.82%	0.57%
MSI	B	0.48%	0.46%	0.46%
NFLX	A	0.45%	0.9%	0.45%
NOW	A	0.75%	0.9%	0.75%
NRG	B	0.12%	0.28%	0.12%
NTAP	C	0.16%	0.27%	0.16%
NVDA	C	0.62%	2.5%	0.62%
PCAR	B	0.14%	0.36%	0.14%
PG	A	0.13%	0.2%	0.13%
PH	A	0.23%	0.5%	0.23%
PHM	D	0.11%	0.26%	0.11%
PSX	C	0.23%	0.36%	0.23%
PTC	A	0.1%	0.27%	0.1%
QCOM	F	0.83%	0.73%	0.73%
RCL	A	0.21%	0.45%	0.21%
ROL	B	0.09%	0.15%	0.09%
RPM	A	0.05%	0.12%	0.05%
RS	B	0.1%	0.07%	0.07%
SNPS	B	0.2%	0.11%	0.11%
SPG	B	0.35%	0.38%	0.35%
SSNC	B	0.09%	0.23%	0.09%
STLD	B	0.11%	0.25%	0.11%
T	A	0.63%	0.23%	0.23%
TER	D	0.06%	0.12%	0.06%
TJX	A	0.75%	0.6%	0.6%
TMO	F	0.34%	0.76%	0.34%
TXT	D	0.09%	0.17%	0.09%
TYL	B	0.13%	0.26%	0.13%
UBER	D	0.49%	0.57%	0.49%
UHS	D	0.07%	0.19%	0.07%
VLO	C	0.25%	0.26%	0.25%
VRTX	F	0.49%	0.55%	0.49%
VST	B	0.29%	0.54%	0.29%
VTR	C	0.12%	0.26%	0.12%
WSM	B	0.11%	0.09%	0.09%

FLSP Overweight 109 Positions Relative to JMOM

Symbol	Grade	Weight
ADBE	C	0.91%
MA	C	0.77%
WMT	A	0.75%
GILD	C	0.61%
MDT	D	0.6%
BMY	B	0.59%
NVS	D	0.48%
PYPL	B	0.45%
EOG	A	0.44%
CMCSA	B	0.42%
MMM	D	0.41%
ADSK	A	0.36%
GM	B	0.36%
RTX	C	0.34%
REGN	F	0.33%
FTNT	C	0.32%
CDNS	B	0.32%
CSX	B	0.31%
LNG	B	0.29%
FDX	B	0.27%
FIS	C	0.26%
CMI	A	0.25%
KMB	D	0.23%
A	D	0.23%
EA	A	0.23%
BCS	C	0.23%
CI	F	0.22%
MET	A	0.21%
AIG	B	0.21%
CTSH	B	0.21%
VICI	C	0.19%
TGT	F	0.19%
EBAY	D	0.18%
SE	B	0.18%
STT	A	0.17%
LULU	C	0.16%
ADM	D	0.16%
TROW	B	0.16%
IR	B	0.16%
MELI	D	0.16%
MS	A	0.15%
SYY	B	0.15%
MTD	D	0.15%
ANSS	B	0.14%
WAT	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%
K	A	0.12%
CPAY	A	0.12%
NTRS	A	0.12%
LYV	A	0.12%
VEEV	C	0.12%
BBY	D	0.11%
CSL	C	0.11%
STX	D	0.11%
PKG	A	0.11%
HOLX	D	0.11%
GOOG	C	0.11%
LVS	C	0.11%
LYB	F	0.11%
MRO	B	0.1%
EL	F	0.1%
JBL	B	0.1%
MAS	D	0.1%
CF	B	0.1%
UTHR	C	0.1%
VRSN	F	0.1%
BLDR	D	0.1%
DOCU	A	0.1%
SNA	A	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%
OC	A	0.09%
EXPD	D	0.09%
AVTR	F	0.08%
DT	C	0.08%
OVV	B	0.08%
CHRW	C	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%
INCY	C	0.07%
BG	F	0.07%
GLPI	C	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%
ON	D	0.04%

FLSP Underweight 197 Positions Relative to JMOM

Symbol	Grade	Weight
AVGO	D	-2.1%
GOOGL	C	-1.81%
AAPL	C	-1.8%
BRK.A	B	-1.8%
COST	B	-1.47%
LLY	F	-1.47%
UNH	C	-1.34%
MSTR	C	-0.97%
ORCL	B	-0.96%
PM	B	-0.84%
GE	D	-0.82%
ISRG	A	-0.82%
IBM	C	-0.82%
CAT	B	-0.8%
AMD	F	-0.77%
TXN	C	-0.76%
PLTR	B	-0.76%
AXP	A	-0.73%
ETN	A	-0.68%
PGR	A	-0.67%
SYK	C	-0.62%
BSX	B	-0.62%
DHR	F	-0.61%
AMZN	C	-0.61%
PANW	C	-0.6%
COP	C	-0.6%
TMUS	B	-0.58%
KKR	A	-0.56%
GS	A	-0.54%
CB	C	-0.53%
ANET	C	-0.53%
COIN	C	-0.51%
CRWD	B	-0.51%
TT	A	-0.51%
ADI	D	-0.51%
VRT	B	-0.5%
MU	D	-0.5%
MCK	B	-0.48%
SPOT	B	-0.48%
MRVL	B	-0.48%
WM	A	-0.47%
WELL	A	-0.46%
WMB	A	-0.46%
CEG	D	-0.44%
DASH	A	-0.44%
AXON	A	-0.44%
CMG	B	-0.42%
LRCX	F	-0.42%
KLAC	D	-0.42%
CVNA	B	-0.41%
GEV	B	-0.41%
DLR	B	-0.41%
HLT	A	-0.4%
TDG	D	-0.4%
URI	B	-0.39%
TRGP	B	-0.39%
GD	F	-0.39%
PWR	A	-0.39%
TTD	B	-0.39%
HWM	A	-0.38%
GWW	B	-0.38%
ORLY	B	-0.38%
ECL	D	-0.37%
AJG	B	-0.36%
DELL	C	-0.35%
ROP	B	-0.35%
ALL	A	-0.35%
AZO	C	-0.34%
LOW	D	-0.33%
EME	C	-0.33%
CBRE	B	-0.33%
ARES	A	-0.32%
GLW	B	-0.32%
RSG	A	-0.32%
NU	C	-0.31%
COHR	B	-0.31%
IT	C	-0.31%
IRM	D	-0.3%
XPO	B	-0.3%
ICE	C	-0.29%
HUBB	B	-0.29%
JEF	A	-0.28%
FANG	D	-0.28%
GWRE	A	-0.27%
ALSN	B	-0.27%
BRO	B	-0.27%
DTM	B	-0.27%
NTNX	A	-0.26%
CW	B	-0.26%
IBKR	A	-0.26%
FI	A	-0.26%
ACGL	D	-0.26%
ZS	C	-0.25%
WDC	D	-0.25%
EXP	A	-0.25%
FTI	A	-0.25%
USFD	A	-0.25%
BWXT	B	-0.24%
HEI	B	-0.24%
RGA	A	-0.24%
EVR	B	-0.24%
TOL	B	-0.24%
CHD	B	-0.24%
BAH	F	-0.23%
CASY	A	-0.23%
NVT	B	-0.22%
CNM	D	-0.22%
THC	D	-0.22%
NI	A	-0.22%
FRPT	B	-0.22%
TPX	B	-0.21%
MPWR	F	-0.21%
SCCO	F	-0.21%
TPR	B	-0.21%
ED	D	-0.21%
AM	A	-0.2%
PSN	D	-0.2%
INGR	B	-0.2%
CACI	D	-0.2%
ONTO	D	-0.19%
POST	C	-0.19%
SO	D	-0.19%
PSTG	D	-0.19%
KD	B	-0.19%
IFF	D	-0.19%
WSO	A	-0.19%
JNPR	F	-0.19%
R	B	-0.19%
DKNG	B	-0.19%
HPE	B	-0.18%
AN	C	-0.18%
WING	D	-0.18%
SN	D	-0.18%
SAIC	F	-0.18%
MEDP	D	-0.17%
DHI	D	-0.17%
GAP	C	-0.17%
KO	D	-0.17%
UNM	A	-0.17%
MRK	F	-0.17%
AZEK	A	-0.16%
WLK	D	-0.16%
H	B	-0.16%
BLD	D	-0.15%
TW	A	-0.15%
CRUS	D	-0.15%
MTSI	B	-0.14%
ARMK	B	-0.14%
TSCO	D	-0.14%
AVT	C	-0.13%
SNX	C	-0.13%
BRBR	A	-0.13%
ORI	A	-0.13%
LOPE	B	-0.13%
PAG	B	-0.12%
JLL	D	-0.12%
OHI	C	-0.12%
EHC	B	-0.12%
SPB	C	-0.11%
LPX	B	-0.11%
MTG	C	-0.1%
VRSK	A	-0.1%
HRB	D	-0.1%
WFRD	D	-0.1%
PPC	C	-0.1%
SMCI	F	-0.1%
LAMR	D	-0.09%
ROIV	C	-0.09%
VLTO	D	-0.09%
TPG	A	-0.09%
VKTX	F	-0.09%
ESS	B	-0.09%
INFA	D	-0.08%
VVV	F	-0.08%
APPF	B	-0.08%
PRI	A	-0.08%
COKE	C	-0.08%
AWI	A	-0.07%
AGO	B	-0.07%
OLED	D	-0.07%
SRE	A	-0.07%
PEG	A	-0.06%
FCNCA	A	-0.06%
AYI	B	-0.06%
FYBR	D	-0.06%
PNR	A	-0.06%
NSA	D	-0.05%
BSY	D	-0.05%
INVH	D	-0.04%
CXT	B	-0.04%
RYAN	B	-0.04%
SLM	A	-0.03%
ESTC	C	-0.02%
TKR	D	-0.01%
STAG	F	-0.01%
MORN	B	-0.0%
EQIX	A	-0.0%