FLSP vs. TSPA ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to T. Rowe Price U.S. Equity Research ETF (TSPA)

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

TSPA

T. Rowe Price U.S. Equity Research ETF

TSPA Description

Blue Safari Group Acquisition Corp. intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on pursuing opportunities in fintech, infotech, insurtech, and business services. The company was incorporated in 2021 and is based in Central, Hong Kong.

Grade (RS Rating)

Last Trade

$35.85

Average Daily Volume

139,260

Number of Holdings ^*

329

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	TSPA
30 Days	0.93%	2.18%
60 Days	-0.13%	3.85%
90 Days	-0.40%	4.28%
12 Months	4.92%	33.32%

89 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in TSPA	Overlap
A	C	0.21%	0.02%	0.02%
ABBV	C	0.75%	0.57%	0.57%
ABNB	D	0.05%	0.18%	0.05%
ADBE	F	0.62%	0.63%	0.62%
ADSK	C	0.32%	0.2%	0.2%
AIG	D	0.26%	0.3%	0.26%
AMAT	D	0.57%	0.14%	0.14%
APH	D	0.21%	0.32%	0.21%
AVB	B	0.17%	0.11%	0.11%
BK	B	0.27%	0.14%	0.14%
BKNG	C	0.74%	0.32%	0.32%
BR	D	0.13%	0.1%	0.1%
BRK.A	C	0.72%	1.18%	0.72%
CAH	C	0.14%	0.06%	0.06%
CBOE	C	0.11%	0.12%	0.11%
CDNS	D	0.36%	0.19%	0.19%
CF	C	0.09%	0.09%	0.09%
CI	C	0.35%	0.37%	0.35%
CL	D	0.27%	0.33%	0.27%
CMCSA	D	0.48%	0.43%	0.43%
CNC	D	0.2%	0.02%	0.02%
CPAY	B	0.11%	0.16%	0.11%
CPRT	D	0.25%	0.15%	0.15%
CRBG	D	0.05%	0.17%	0.05%
CRL	F	0.06%	0.01%	0.01%
CRM	D	0.75%	0.79%	0.75%
CSX	D	0.38%	0.28%	0.28%
CTAS	B	0.34%	0.11%	0.11%
DPZ	F	0.07%	0.12%	0.07%
DT	C	0.07%	0.05%	0.05%
DVN	F	0.15%	0.02%	0.02%
ELV	C	0.7%	0.4%	0.4%
EOG	D	0.35%	0.22%	0.22%
EQH	C	0.09%	0.09%	0.09%
FDX	C	0.34%	0.18%	0.18%
FE	C	0.14%	0.11%	0.11%
FICO	B	0.24%	0.12%	0.12%
FTNT	C	0.28%	0.29%	0.28%
GILD	B	0.53%	0.08%	0.08%
GM	C	0.31%	0.05%	0.05%
GOOG	D	0.11%	2.52%	0.11%
HD	B	0.33%	0.81%	0.33%
HIG	B	0.15%	0.29%	0.15%
HII	D	0.05%	0.01%	0.01%
HOLX	B	0.07%	0.13%	0.07%
IDXX	C	0.22%	0.02%	0.02%
INTU	C	0.9%	0.36%	0.36%
IQV	C	0.25%	0.0%	0.0%
IR	C	0.18%	0.13%	0.13%
KMB	D	0.25%	0.04%	0.04%
LIN	B	0.17%	0.68%	0.17%
LVS	D	0.08%	0.13%	0.08%
MA	B	0.98%	0.85%	0.85%
MCK	F	0.04%	0.23%	0.04%
MET	B	0.24%	0.24%	0.24%
META	B	0.52%	2.48%	0.52%
MNST	D	0.1%	0.08%	0.08%
MOH	D	0.11%	0.09%	0.09%
MOS	F	0.05%	0.07%	0.05%
MPC	F	0.34%	0.29%	0.29%
MSFT	C	0.75%	7.31%	0.75%
NOW	B	0.88%	0.07%	0.07%
NVDA	D	0.83%	7.07%	0.83%
PG	C	0.13%	0.85%	0.13%
PKG	B	0.12%	0.1%	0.1%
PSX	F	0.28%	0.07%	0.07%
QCOM	D	0.63%	0.69%	0.63%
RCL	B	0.19%	0.17%	0.17%
REGN	C	0.65%	0.26%	0.26%
SNPS	D	0.22%	0.39%	0.22%
SPG	B	0.27%	0.08%	0.08%
STLD	F	0.09%	0.14%	0.09%
SYY	D	0.2%	0.04%	0.04%
TDG	B	0.22%	0.2%	0.2%
TEL	D	0.26%	0.19%	0.19%
TER	D	0.07%	0.1%	0.07%
TGT	C	0.29%	0.17%	0.17%
TJX	B	0.69%	0.19%	0.19%
TMO	B	0.54%	0.62%	0.54%
TYL	C	0.12%	0.01%	0.01%
UBER	C	0.62%	0.4%	0.4%
V	C	0.72%	1.07%	0.72%
VLO	F	0.25%	0.09%	0.09%
VRTX	D	0.63%	0.34%	0.34%
VST	C	0.17%	0.04%	0.04%
VTRS	D	0.07%	0.13%	0.07%
VZ	B	0.92%	0.11%	0.11%
WMT	C	0.87%	0.67%	0.67%
WYNN	D	0.04%	0.1%	0.04%

FLSP Overweight 82 Positions Relative to TSPA

Symbol	Grade	Weight
T	C	0.79%
NVS	C	0.68%
PYPL	B	0.41%
AFL	C	0.3%
NXPI	F	0.29%
PH	B	0.25%
MELI	B	0.24%
KR	C	0.22%
BCS	B	0.22%
LNG	C	0.22%
CTSH	C	0.22%
AMP	A	0.22%
EA	D	0.19%
HPQ	D	0.19%
EBAY	B	0.19%
SE	B	0.17%
VEEV	C	0.17%
VICI	C	0.17%
NUE	F	0.17%
ANSS	D	0.16%
STT	A	0.16%
LULU	D	0.15%
VTR	C	0.15%
TROW	D	0.15%
PCAR	D	0.15%
PHM	B	0.15%
NTAP	D	0.14%
AWK	B	0.14%
CSL	B	0.13%
GDDY	C	0.13%
EL	F	0.12%
BLDR	C	0.12%
LYB	D	0.12%
K	B	0.11%
TXT	D	0.11%
APP	C	0.11%
BBY	C	0.11%
EXPE	C	0.11%
WAT	C	0.11%
NRG	C	0.11%
LDOS	B	0.11%
STLA	F	0.1%
LII	B	0.1%
MRO	C	0.1%
ZM	C	0.1%
PTC	D	0.1%
MANH	B	0.09%
UTHR	C	0.09%
EXPD	C	0.09%
BG	D	0.09%
MAS	B	0.09%
AVTR	B	0.09%
OC	D	0.09%
L	C	0.08%
NBIX	F	0.08%
RS	D	0.08%
LYV	B	0.08%
WSM	D	0.08%
ROL	C	0.08%
SSNC	B	0.08%
UDR	C	0.08%
DOCU	C	0.07%
GLPI	C	0.07%
AIZ	B	0.07%
JBL	D	0.07%
SNA	C	0.07%
TAP	D	0.06%
INCY	C	0.06%
CHKP	B	0.06%
TWLO	D	0.06%
MTCH	C	0.06%
OVV	F	0.06%
RPRX	C	0.06%
FFIV	B	0.06%
DKS	D	0.05%
SEIC	C	0.05%
ACI	F	0.05%
DECK	C	0.05%
FOXA	B	0.05%
CLF	F	0.04%
DINO	F	0.04%
AER	B	0.04%

FLSP Underweight 240 Positions Relative to TSPA

Symbol	Grade	Weight
AAPL	C	-6.77%
AMZN	C	-3.94%
LLY	C	-1.97%
GOOGL	D	-1.78%
AVGO	C	-1.5%
TSLA	C	-1.2%
XOM	C	-1.19%
JPM	D	-1.18%
UNH	C	-1.1%
NFLX	B	-0.88%
COST	B	-0.83%
TMUS	C	-0.8%
KO	C	-0.63%
LRCX	F	-0.62%
MRK	D	-0.62%
JNJ	C	-0.6%
BAC	D	-0.58%
ACN	C	-0.57%
CVX	D	-0.52%
GE	B	-0.52%
PEP	C	-0.5%
MCD	B	-0.5%
NEE	C	-0.49%
COP	D	-0.49%
KLAC	D	-0.48%
WFC	D	-0.47%
PM	C	-0.47%
DHR	B	-0.46%
C	C	-0.46%
AMGN	B	-0.45%
CB	B	-0.45%
ISRG	B	-0.44%
AXP	B	-0.4%
SCHW	D	-0.4%
MU	F	-0.39%
CMG	C	-0.39%
SYK	C	-0.38%
ORCL	C	-0.37%
HON	D	-0.37%
SPGI	B	-0.31%
BA	F	-0.31%
ODFL	D	-0.31%
PCG	C	-0.3%
GEV	B	-0.28%
GS	C	-0.28%
MS	D	-0.28%
EQIX	C	-0.27%
CMI	C	-0.27%
ROP	C	-0.27%
SWK	B	-0.26%
PLD	C	-0.26%
CSCO	C	-0.26%
BDX	D	-0.26%
AMD	D	-0.26%
MMC	C	-0.25%
LOW	B	-0.25%
KDP	B	-0.23%
ICE	C	-0.23%
AMT	C	-0.23%
BSX	B	-0.22%
SLB	F	-0.22%
SO	B	-0.22%
DIS	D	-0.22%
EW	F	-0.22%
LHX	C	-0.21%
CEG	C	-0.21%
ALL	B	-0.21%
ZBH	F	-0.21%
DE	B	-0.21%
FCX	D	-0.2%
AZN	D	-0.2%
HLT	B	-0.2%
DXCM	F	-0.19%
MDLZ	B	-0.19%
IBM	B	-0.19%
CARR	B	-0.18%
NVO	C	-0.18%
ENTG	F	-0.18%
ROST	C	-0.18%
KKR	B	-0.18%
WELL	C	-0.18%
NVR	B	-0.18%
ABT	C	-0.18%
AEE	C	-0.17%
CAT	B	-0.17%
MAR	C	-0.17%
D	C	-0.17%
SHW	B	-0.17%
ROK	D	-0.17%
DG	F	-0.16%
KVUE	C	-0.16%
FITB	B	-0.16%
NSC	C	-0.16%
VOYA	B	-0.16%
TXN	C	-0.16%
GPN	D	-0.15%
WCN	D	-0.15%
ORLY	C	-0.15%
THC	A	-0.15%
STZ	D	-0.15%
PSA	B	-0.15%
ESS	B	-0.15%
KEYS	C	-0.14%
ZTS	C	-0.14%
HBAN	B	-0.14%
TDY	B	-0.14%
MCO	B	-0.14%
CNP	C	-0.14%
BLK	B	-0.14%
RTX	C	-0.14%
VMC	D	-0.14%
RNR	C	-0.14%
ARES	B	-0.13%
BIIB	F	-0.13%
XEL	B	-0.13%
AZO	D	-0.13%
NOC	B	-0.13%
ANET	B	-0.13%
REXR	C	-0.13%
ADI	C	-0.13%
FANG	D	-0.12%
CRWD	D	-0.12%
ZBRA	B	-0.12%
HWM	B	-0.12%
HUM	F	-0.11%
VRSK	D	-0.11%
HUBB	B	-0.11%
HAL	F	-0.11%
WDC	D	-0.11%
PANW	D	-0.11%
TT	B	-0.11%
MPWR	C	-0.11%
TRV	C	-0.1%
KMI	B	-0.1%
BMY	C	-0.1%
MDT	C	-0.1%
MCHP	F	-0.1%
CNI	D	-0.1%
TRGP	B	-0.1%
NI	B	-0.1%
DOV	B	-0.1%
BALL	C	-0.1%
BX	B	-0.09%
ICLR	D	-0.09%
SAIA	D	-0.09%
JBHT	D	-0.09%
WING	B	-0.09%
DFS	B	-0.09%
NKE	D	-0.09%
WFG	B	-0.09%
BURL	B	-0.09%
MTD	D	-0.09%
PFE	C	-0.09%
PSTG	F	-0.08%
SBUX	C	-0.08%
TW	B	-0.08%
JCI	B	-0.08%
RGEN	F	-0.08%
YUM	D	-0.08%
PNC	B	-0.08%
IEX	D	-0.08%
EFX	B	-0.07%
MSCI	C	-0.07%
EMR	D	-0.07%
ELAN	D	-0.07%
WM	D	-0.07%
SUI	B	-0.07%
APO	C	-0.07%
ATO	B	-0.07%
HES	F	-0.07%
ALLY	F	-0.06%
EQT	D	-0.06%
GD	B	-0.06%
EWBC	D	-0.05%
ESAB	C	-0.05%
MO	C	-0.05%
TFC	C	-0.05%
LUV	C	-0.05%
CBRE	A	-0.05%
WDAY	D	-0.05%
REG	C	-0.04%
WAL	B	-0.04%
TECH	C	-0.04%
COF	B	-0.04%
RIVN	F	-0.04%
UAL	C	-0.04%
CHK	D	-0.04%
KIM	C	-0.04%
RSG	D	-0.04%
AMH	C	-0.04%
KHC	C	-0.04%
NCLH	C	-0.04%
SYF	C	-0.04%
CSGP	D	-0.04%
CME	C	-0.03%
ELF	F	-0.03%
BAX	C	-0.03%
CUBE	B	-0.03%
EXC	C	-0.03%
WMB	B	-0.03%
SITE	C	-0.03%
CMS	C	-0.03%
VRT	C	-0.03%
TSN	C	-0.03%
APTV	D	-0.03%
LSCC	D	-0.03%
TRU	B	-0.03%
SHOP	C	-0.02%
WRK	C	-0.02%
WY	C	-0.02%
LPLA	D	-0.02%
AVY	C	-0.02%
NDSN	C	-0.02%
PPL	C	-0.02%
OTIS	C	-0.02%
RPM	B	-0.02%
CVS	D	-0.02%
WSC	D	-0.02%
MMM	B	-0.02%
BBWI	F	-0.02%
LMT	C	-0.02%
F	F	-0.01%
ASML	F	-0.01%
FDS	C	-0.01%
EXR	B	-0.01%
VLTO	C	-0.01%
BPOP	C	-0.01%
XYL	C	-0.01%
ULTA	D	-0.01%
AXS	B	-0.01%
SNY	B	-0.01%
IT	B	-0.01%
HCA	B	-0.01%
TFX	C	-0.01%
MRNA	F	-0.0%
FSLR	C	-0.0%
SOLV	C	-0.0%
MTB	B	-0.0%
CPT	B	-0.0%
ZS	F	-0.0%