FLSP vs. SHE ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to SPDR SSGA Gender Diversity Index ETF (SHE)

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

$23.88

Average Daily Volume

11,738

Number of Holdings ^*

171

* may have additional holdings in another (foreign) market

SHE

SPDR SSGA Gender Diversity Index ETF

SHE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Gender Diversity Index, which tracks U.S. companies that are leaders in advancing women through gender diversity on their boards of directors and in management. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. In addition, it may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$114.16

Average Daily Volume

3,542

Number of Holdings ^*

236

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	SHE
30 Days	0.93%	3.11%
60 Days	-0.13%	4.63%
90 Days	-0.40%	5.52%
12 Months	4.92%	31.97%

67 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in SHE	Overlap
ABNB	D	0.05%	0.34%	0.05%
ACI	F	0.05%	0.03%	0.03%
ADSK	C	0.32%	1.12%	0.32%
AIG	D	0.26%	0.2%	0.2%
AIZ	B	0.07%	0.04%	0.04%
ANSS	D	0.16%	0.49%	0.16%
AVB	B	0.17%	0.11%	0.11%
AWK	B	0.14%	0.14%	0.14%
BBY	C	0.11%	0.1%	0.1%
BK	B	0.27%	0.2%	0.2%
BKNG	C	0.74%	1.1%	0.74%
BR	D	0.13%	0.1%	0.1%
CAH	C	0.14%	0.11%	0.11%
CI	C	0.35%	0.37%	0.35%
CL	D	0.27%	0.33%	0.27%
CNC	D	0.2%	0.16%	0.16%
CRL	F	0.06%	0.04%	0.04%
DECK	C	0.05%	0.13%	0.05%
DKS	D	0.05%	0.09%	0.05%
EA	D	0.19%	0.12%	0.12%
EBAY	B	0.19%	0.14%	0.14%
EL	F	0.12%	0.09%	0.09%
EOG	D	0.35%	0.2%	0.2%
FDX	C	0.34%	0.24%	0.24%
FTNT	C	0.28%	0.91%	0.28%
GDDY	C	0.13%	0.41%	0.13%
GILD	B	0.53%	0.4%	0.4%
HIG	B	0.15%	0.16%	0.15%
IDXX	C	0.22%	0.17%	0.17%
INCY	C	0.06%	0.04%	0.04%
INTU	C	0.9%	3.5%	0.9%
KR	C	0.22%	0.14%	0.14%
LDOS	B	0.11%	0.08%	0.08%
LIN	B	0.17%	0.97%	0.17%
LNG	C	0.22%	0.15%	0.15%
LULU	D	0.15%	0.28%	0.15%
LVS	D	0.08%	0.08%	0.08%
LYB	D	0.12%	0.08%	0.08%
MCK	F	0.04%	0.27%	0.04%
META	B	0.52%	4.36%	0.52%
MSFT	C	0.75%	4.47%	0.75%
NBIX	F	0.08%	0.05%	0.05%
NVDA	D	0.83%	4.12%	0.83%
OC	D	0.09%	0.05%	0.05%
OVV	F	0.06%	0.04%	0.04%
PG	C	0.13%	1.7%	0.13%
PSX	F	0.28%	0.16%	0.16%
RCL	B	0.19%	0.23%	0.19%
SPG	B	0.27%	0.21%	0.21%
SSNC	B	0.08%	0.07%	0.07%
T	C	0.79%	0.65%	0.65%
TGT	C	0.29%	0.28%	0.28%
TJX	B	0.69%	1.27%	0.69%
TROW	D	0.15%	0.09%	0.09%
TWLO	D	0.06%	0.18%	0.06%
TXT	D	0.11%	0.05%	0.05%
TYL	C	0.12%	0.45%	0.12%
UBER	C	0.62%	0.61%	0.61%
UTHR	C	0.09%	0.05%	0.05%
V	C	0.72%	1.6%	0.72%
VICI	C	0.17%	0.16%	0.16%
VRTX	D	0.63%	0.46%	0.46%
VST	C	0.17%	0.12%	0.12%
VTR	C	0.15%	0.13%	0.13%
VZ	B	0.92%	0.89%	0.89%
WSM	D	0.08%	0.16%	0.08%
WYNN	D	0.04%	0.04%	0.04%

FLSP Overweight 104 Positions Relative to SHE

Symbol	Grade	Weight
MA	B	0.98%
NOW	B	0.88%
WMT	C	0.87%
CRM	D	0.75%
ABBV	C	0.75%
BRK.A	C	0.72%
ELV	C	0.7%
NVS	C	0.68%
REGN	C	0.65%
QCOM	D	0.63%
ADBE	F	0.62%
AMAT	D	0.57%
TMO	B	0.54%
CMCSA	D	0.48%
PYPL	B	0.41%
CSX	D	0.38%
CDNS	D	0.36%
MPC	F	0.34%
CTAS	B	0.34%
HD	B	0.33%
GM	C	0.31%
AFL	C	0.3%
NXPI	F	0.29%
TEL	D	0.26%
CPRT	D	0.25%
KMB	D	0.25%
PH	B	0.25%
VLO	F	0.25%
IQV	C	0.25%
FICO	B	0.24%
MELI	B	0.24%
MET	B	0.24%
BCS	B	0.22%
TDG	B	0.22%
SNPS	D	0.22%
CTSH	C	0.22%
AMP	A	0.22%
APH	D	0.21%
A	C	0.21%
SYY	D	0.2%
HPQ	D	0.19%
IR	C	0.18%
SE	B	0.17%
VEEV	C	0.17%
NUE	F	0.17%
STT	A	0.16%
DVN	F	0.15%
PCAR	D	0.15%
PHM	B	0.15%
FE	C	0.14%
NTAP	D	0.14%
CSL	B	0.13%
BLDR	C	0.12%
PKG	B	0.12%
K	B	0.11%
CBOE	C	0.11%
MOH	D	0.11%
APP	C	0.11%
GOOG	D	0.11%
EXPE	C	0.11%
CPAY	B	0.11%
WAT	C	0.11%
NRG	C	0.11%
STLA	F	0.1%
LII	B	0.1%
MNST	D	0.1%
MRO	C	0.1%
ZM	C	0.1%
PTC	D	0.1%
EQH	C	0.09%
MANH	B	0.09%
EXPD	C	0.09%
BG	D	0.09%
MAS	B	0.09%
AVTR	B	0.09%
STLD	F	0.09%
CF	C	0.09%
L	C	0.08%
RS	D	0.08%
LYV	B	0.08%
ROL	C	0.08%
UDR	C	0.08%
TER	D	0.07%
DOCU	C	0.07%
GLPI	C	0.07%
DT	C	0.07%
DPZ	F	0.07%
JBL	D	0.07%
HOLX	B	0.07%
VTRS	D	0.07%
SNA	C	0.07%
TAP	D	0.06%
CHKP	B	0.06%
MTCH	C	0.06%
RPRX	C	0.06%
FFIV	B	0.06%
CRBG	D	0.05%
SEIC	C	0.05%
MOS	F	0.05%
HII	D	0.05%
FOXA	B	0.05%
CLF	F	0.04%
DINO	F	0.04%
AER	B	0.04%

FLSP Underweight 169 Positions Relative to SHE

Symbol	Grade	Weight
ACN	C	-4.48%
AAPL	C	-4.41%
CSCO	C	-3.61%
LLY	C	-2.84%
JPM	D	-2.49%
UNH	C	-1.84%
JNJ	C	-1.64%
INTC	F	-1.59%
NFLX	B	-1.58%
XOM	C	-1.42%
KO	C	-1.2%
COST	B	-1.17%
MRK	D	-1.11%
BAC	D	-1.1%
SBUX	C	-1.0%
LOW	B	-0.94%
CVX	D	-0.92%
CAT	B	-0.88%
ABT	C	-0.78%
WFC	D	-0.77%
PGR	B	-0.69%
SPGI	B	-0.63%
CMG	C	-0.63%
AXP	B	-0.61%
GE	B	-0.56%
CDW	D	-0.55%
MAR	C	-0.55%
RTX	C	-0.51%
HON	D	-0.49%
ROST	C	-0.48%
HLT	B	-0.48%
MMC	C	-0.47%
C	C	-0.46%
NKE	D	-0.46%
MDT	C	-0.46%
TMUS	C	-0.46%
HUBS	D	-0.45%
ETN	C	-0.44%
SCHW	D	-0.41%
MCO	B	-0.36%
ZTS	C	-0.36%
DE	B	-0.35%
NOC	B	-0.33%
BA	F	-0.31%
TT	B	-0.31%
DUK	C	-0.3%
PNC	B	-0.29%
TSCO	C	-0.28%
CVS	D	-0.28%
FLUT	B	-0.28%
ITW	C	-0.28%
DHI	B	-0.27%
NEM	B	-0.27%
AKAM	D	-0.26%
EQIX	C	-0.26%
MMM	B	-0.26%
D	C	-0.25%
TFC	C	-0.23%
JCI	B	-0.22%
PSA	B	-0.22%
WCN	D	-0.22%
DLR	B	-0.21%
CMI	C	-0.21%
EMR	D	-0.21%
ECL	B	-0.21%
CARR	B	-0.2%
AEP	C	-0.19%
ALL	B	-0.19%
NSC	C	-0.19%
O	C	-0.19%
COF	B	-0.19%
PRU	C	-0.19%
FIS	B	-0.18%
BURL	B	-0.17%
ULTA	D	-0.17%
PEG	B	-0.17%
CHTR	D	-0.16%
CSGP	D	-0.16%
GIS	B	-0.16%
ED	C	-0.15%
EIX	C	-0.15%
OXY	F	-0.15%
EXC	C	-0.15%
GWW	B	-0.15%
IRM	C	-0.14%
SQ	D	-0.14%
APTV	D	-0.14%
DOW	D	-0.14%
ALNY	C	-0.13%
XYL	C	-0.13%
DTE	C	-0.13%
WTW	C	-0.13%
STZ	D	-0.13%
VLTO	C	-0.13%
EXR	B	-0.13%
BIIB	F	-0.12%
MTB	B	-0.12%
FITB	B	-0.12%
HSY	C	-0.12%
XEL	B	-0.12%
GPN	D	-0.11%
DD	B	-0.11%
ROK	D	-0.11%
BKR	C	-0.11%
FANG	D	-0.11%
WEC	C	-0.11%
TTD	B	-0.11%
EQR	B	-0.1%
WAB	B	-0.1%
INVH	C	-0.1%
ADM	D	-0.1%
ETR	B	-0.1%
FTV	C	-0.1%
IFF	B	-0.09%
CLX	C	-0.09%
PPL	C	-0.09%
ILMN	C	-0.08%
AEE	C	-0.08%
DG	F	-0.08%
PFG	B	-0.08%
WY	C	-0.08%
MAA	B	-0.08%
RF	B	-0.08%
HUBB	B	-0.08%
CHD	D	-0.08%
TTWO	C	-0.08%
CNP	C	-0.08%
WBD	D	-0.08%
PINS	F	-0.07%
SYF	C	-0.07%
OMC	B	-0.07%
NTRS	A	-0.07%
KMX	D	-0.07%
FDS	C	-0.07%
CMS	C	-0.07%
J	C	-0.07%
KIM	C	-0.07%
AMCR	B	-0.07%
SW	B	-0.07%
HST	C	-0.06%
EQT	D	-0.06%
TSN	C	-0.06%
IPG	C	-0.06%
LPLA	D	-0.06%
PNR	B	-0.06%
KEY	B	-0.06%
TRU	B	-0.06%
SWK	B	-0.06%
MGM	F	-0.06%
RPM	B	-0.05%
TFX	C	-0.05%
SNAP	F	-0.05%
RIVN	F	-0.05%
AMH	C	-0.05%
ACM	B	-0.05%
CE	F	-0.05%
SJM	C	-0.05%
PARA	F	-0.04%
HRL	C	-0.04%
DAL	C	-0.03%
APA	F	-0.03%
WBA	F	-0.03%
NWSA	D	-0.03%
CPB	C	-0.03%
Z	B	-0.03%
ALB	D	-0.03%
DAY	D	-0.03%
BBWI	F	-0.03%
LUV	C	-0.02%