FLSP vs. TGRT ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Growth ETF (TGRT)

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

TGRT

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Growth ETF

TGRT Description

The fund will invest primarily in U.S. equity securities. The adviser uses a growth style of investing. Accordingly, the adviser looks for companies with an above-average rate of earnings, cash flow growth, and a lucrative niche in the economy that gives them the ability to sustain earnings momentum even during times of slow economic growth. The fund may purchase the stocks of companies of any size, but typically focuses on large-cap companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.63

Average Daily Volume

32,448

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	TGRT
30 Days	0.69%	3.41%
60 Days	0.06%	5.24%
90 Days	0.73%	6.43%
12 Months	6.54%	36.54%

30 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in TGRT	Overlap
ADBE	C	0.91%	1.2%	0.91%
ADSK	A	0.36%	0.26%	0.26%
APH	A	0.18%	1.06%	0.18%
BKNG	A	0.87%	0.95%	0.87%
BR	A	0.12%	0.14%	0.12%
CBOE	B	0.12%	0.16%	0.12%
CDNS	B	0.32%	0.5%	0.32%
CI	F	0.22%	1.02%	0.22%
CRM	B	0.7%	0.6%	0.6%
CTAS	B	0.35%	0.34%	0.34%
DT	C	0.08%	0.31%	0.08%
FICO	B	0.34%	0.68%	0.34%
HCA	F	0.36%	0.29%	0.29%
HD	A	0.28%	0.95%	0.28%
INTU	C	0.68%	1.86%	0.68%
IR	B	0.16%	0.75%	0.16%
LIN	D	0.13%	0.3%	0.13%
LULU	C	0.16%	0.08%	0.08%
MA	C	0.77%	2.6%	0.77%
MELI	D	0.16%	0.48%	0.16%
META	D	0.45%	5.65%	0.45%
MSFT	F	0.57%	11.41%	0.57%
NFLX	A	0.45%	1.35%	0.45%
NOW	A	0.75%	1.4%	0.75%
NVDA	C	0.62%	10.21%	0.62%
QCOM	F	0.83%	0.3%	0.3%
REGN	F	0.33%	0.16%	0.16%
SNPS	B	0.2%	0.44%	0.2%
UBER	D	0.49%	0.42%	0.42%
VRTX	F	0.49%	0.31%	0.31%

FLSP Overweight 153 Positions Relative to TGRT

Symbol	Grade	Weight
WMT	A	0.75%
TJX	A	0.75%
AMAT	F	0.66%
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%
GM	B	0.36%
CL	D	0.36%
SPG	B	0.35%
RTX	C	0.34%
TMO	F	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%
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%
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%
IQV	D	0.17%
STT	A	0.17%
ADM	D	0.16%
TROW	B	0.16%
DECK	A	0.16%
NTAP	C	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%
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%
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%
GOOG	C	0.11%
WSM	B	0.11%
LVS	C	0.11%
LYB	F	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%
TXT	D	0.09%
OC	A	0.09%
EXPD	D	0.09%
MANH	D	0.09%
AVTR	F	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 61 Positions Relative to TGRT

Symbol	Grade	Weight
AAPL	C	-9.94%
AMZN	C	-6.46%
GOOGL	C	-5.82%
LLY	F	-2.85%
V	A	-2.13%
FI	A	-1.83%
UNH	C	-1.76%
ISRG	A	-1.59%
AVGO	D	-1.53%
SYK	C	-0.92%
TSLA	B	-0.92%
AMD	F	-0.88%
ROST	C	-0.81%
COST	B	-0.78%
CMG	B	-0.74%
DHR	F	-0.74%
SHOP	B	-0.69%
TW	A	-0.67%
HWM	A	-0.65%
EFX	F	-0.57%
ASML	F	-0.47%
HLT	A	-0.45%
TDG	D	-0.45%
ARGX	A	-0.41%
SBUX	A	-0.41%
SPOT	B	-0.41%
CPNG	D	-0.41%
ORLY	B	-0.39%
TMUS	B	-0.38%
BDX	F	-0.38%
ANET	C	-0.36%
HUBS	A	-0.35%
TSM	B	-0.35%
SCHW	B	-0.34%
ADP	B	-0.34%
MCK	B	-0.33%
TEAM	A	-0.33%
SLB	C	-0.29%
MMC	B	-0.28%
LRCX	F	-0.27%
IOT	A	-0.27%
PANW	C	-0.27%
APO	B	-0.26%
ROP	B	-0.24%
ADI	D	-0.21%
DKNG	B	-0.2%
ELV	F	-0.19%
ENTG	D	-0.19%
WDAY	B	-0.19%
SPGI	C	-0.17%
LEGN	F	-0.16%
SHW	A	-0.16%
PEP	F	-0.15%
ULTA	F	-0.15%
ZTS	D	-0.15%
KLAC	D	-0.15%
DG	F	-0.15%
MPWR	F	-0.15%
WCN	A	-0.14%
FAST	B	-0.14%
STZ	D	-0.1%