FLSP vs. MGK ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to Vanguard Mega Cap Growth ETF (MGK)

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

MGK

Vanguard Mega Cap Growth ETF

MGK Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Growth Index, which represents the growth companies of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization growth stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$335.89

Average Daily Volume

316,899

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	MGK
30 Days	0.69%	3.49%
60 Days	0.06%	5.11%
90 Days	0.73%	6.21%
12 Months	6.54%	34.37%

21 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in MGK	Overlap
ADBE	C	0.91%	1.02%	0.91%
ADSK	A	0.36%	0.38%	0.36%
AMAT	F	0.66%	0.75%	0.66%
BKNG	A	0.87%	0.81%	0.81%
CDNS	B	0.32%	0.44%	0.32%
CRM	B	0.7%	1.29%	0.7%
EL	F	0.1%	0.1%	0.1%
FTNT	C	0.32%	0.21%	0.21%
GOOG	C	0.11%	2.29%	0.11%
INTU	C	0.68%	0.81%	0.68%
LIN	D	0.13%	0.58%	0.13%
MA	C	0.77%	1.91%	0.77%
META	D	0.45%	4.92%	0.45%
MSFT	F	0.57%	12.35%	0.57%
NFLX	A	0.45%	1.53%	0.45%
NOW	A	0.75%	0.94%	0.75%
NVDA	C	0.62%	12.52%	0.62%
SNPS	B	0.2%	0.45%	0.2%
TJX	A	0.75%	0.66%	0.66%
UBER	D	0.49%	0.73%	0.49%
VRTX	F	0.49%	0.64%	0.49%

FLSP Overweight 162 Positions Relative to MGK

Symbol	Grade	Weight
QCOM	F	0.83%
WMT	A	0.75%
T	A	0.63%
GILD	C	0.61%
MDT	D	0.6%
ABBV	D	0.59%
BMY	B	0.59%
NVS	D	0.48%
MSI	B	0.48%
PYPL	B	0.45%
EOG	A	0.44%
CMCSA	B	0.42%
MMM	D	0.41%
HCA	F	0.36%
GM	B	0.36%
CL	D	0.36%
SPG	B	0.35%
CTAS	B	0.35%
RTX	C	0.34%
TMO	F	0.34%
FICO	B	0.34%
AFL	B	0.33%
REGN	F	0.33%
APP	B	0.31%
CSX	B	0.31%
BK	A	0.31%
VST	B	0.29%
LNG	B	0.29%
HD	A	0.28%
MPC	D	0.27%
FDX	B	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%
AMP	A	0.22%
RCL	A	0.21%
MET	A	0.21%
AIG	B	0.21%
CTSH	B	0.21%
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%
IR	B	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%
LDOS	C	0.13%
AVB	B	0.13%
PG	A	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%
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%
PKG	A	0.11%
HOLX	D	0.11%
LII	A	0.11%
STLD	B	0.11%
WSM	B	0.11%
LVS	C	0.11%
LYB	F	0.11%
PHM	D	0.11%
MRO	B	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%
TXT	D	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 50 Positions Relative to MGK

Symbol	Grade	Weight
AAPL	C	-13.36%
AMZN	C	-6.82%
LLY	F	-3.19%
TSLA	B	-3.07%
GOOGL	C	-2.8%
V	A	-2.22%
AVGO	D	-1.83%
COST	B	-1.79%
AMD	F	-1.12%
MCD	D	-1.02%
TXN	C	-0.92%
ISRG	A	-0.89%
SPGI	C	-0.77%
BSX	B	-0.65%
PANW	C	-0.62%
BA	F	-0.6%
SBUX	A	-0.59%
ACN	C	-0.58%
TMUS	B	-0.57%
ANET	C	-0.53%
LRCX	F	-0.53%
AMT	D	-0.53%
EQIX	A	-0.49%
DIS	B	-0.49%
KLAC	D	-0.48%
SHW	A	-0.46%
CMG	B	-0.44%
ZTS	D	-0.42%
ORLY	B	-0.4%
MCO	B	-0.4%
CRWD	B	-0.4%
BX	A	-0.38%
ECL	D	-0.38%
MAR	B	-0.37%
SYK	C	-0.37%
ADP	B	-0.37%
ABNB	C	-0.34%
WDAY	B	-0.32%
NKE	D	-0.3%
ROST	C	-0.3%
AON	A	-0.28%
MRVL	B	-0.27%
MNST	C	-0.27%
HLT	A	-0.24%
AZO	C	-0.22%
GEV	B	-0.22%
SLB	C	-0.22%
PAYX	C	-0.21%
SNOW	C	-0.19%
EW	C	-0.19%