FLSP vs. UDIV ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to Franklin U.S. Core Dividend Tilt Index ETF (UDIV)

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

$24.26

Average Daily Volume

11,868

Number of Holdings ^*

180

* may have additional holdings in another (foreign) market

UDIV

Franklin U.S. Core Dividend Tilt Index ETF

UDIV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ Global Dividend Index. The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index includes stocks from developed and emerging market countries with high and persistent dividend income that have favorable exposure to a quality investment style factor.

Grade (RS Rating)

Last Trade

$46.09

Average Daily Volume

5,367

Number of Holdings ^*

276

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	UDIV
30 Days	0.48%	2.16%
60 Days	0.94%	5.80%
90 Days	1.67%	7.60%
12 Months	5.45%	35.48%

70 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in UDIV	Overlap
ABBV	F	0.53%	1.15%	0.53%
ADBE	C	0.44%	0.34%	0.34%
AMAT	F	0.75%	0.42%	0.42%
APH	B	0.2%	0.05%	0.05%
AVB	B	0.14%	0.18%	0.14%
BBY	C	0.09%	0.1%	0.09%
BK	B	0.25%	0.32%	0.25%
BR	A	0.13%	0.11%	0.11%
CAH	B	0.12%	0.02%	0.02%
CDNS	B	0.33%	0.14%	0.14%
CMCSA	B	0.45%	0.36%	0.36%
CMI	A	0.26%	0.29%	0.26%
CRBG	C	0.05%	0.04%	0.04%
CRM	B	0.81%	0.48%	0.48%
DT	C	0.07%	0.02%	0.02%
DVN	F	0.14%	0.16%	0.14%
EBAY	C	0.16%	0.12%	0.12%
EL	F	0.08%	0.09%	0.08%
EOG	A	0.31%	0.06%	0.06%
FDX	B	0.29%	0.07%	0.07%
FE	D	0.11%	0.12%	0.11%
FIS	B	0.26%	0.02%	0.02%
GEN	B	0.09%	0.07%	0.07%
GILD	B	0.49%	0.67%	0.49%
GOOG	C	0.12%	1.75%	0.12%
HD	B	0.3%	1.03%	0.3%
HPQ	B	0.18%	0.23%	0.18%
INTU	A	0.77%	0.44%	0.44%
K	A	0.1%	0.12%	0.1%
KMB	D	0.19%	0.26%	0.19%
LIN	D	0.14%	0.14%	0.14%
LVS	C	0.1%	0.08%	0.08%
LYB	F	0.1%	0.13%	0.1%
MA	B	0.84%	0.23%	0.23%
MDT	D	0.59%	0.55%	0.55%
MELI	D	0.18%	0.27%	0.18%
MET	C	0.22%	0.11%	0.11%
META	B	0.48%	2.21%	0.48%
MMM	C	0.38%	0.36%	0.36%
MS	A	0.16%	0.88%	0.16%
MSFT	C	0.59%	6.04%	0.59%
NOW	A	0.81%	0.45%	0.45%
NTAP	D	0.14%	0.15%	0.14%
NVDA	A	0.63%	6.93%	0.63%
PG	C	0.11%	0.75%	0.11%
PKG	B	0.11%	0.12%	0.11%
PSX	C	0.24%	0.21%	0.21%
QCOM	F	0.64%	0.77%	0.64%
REG	A	0.07%	0.07%	0.07%
RPRX	F	0.06%	0.04%	0.04%
SNA	A	0.09%	0.11%	0.09%
SNPS	C	0.21%	0.12%	0.12%
SPG	A	0.31%	0.32%	0.31%
STT	B	0.15%	0.17%	0.15%
STX	D	0.1%	0.12%	0.1%
SWKS	F	0.07%	0.09%	0.07%
SYY	D	0.17%	0.17%	0.17%
T	A	0.64%	0.76%	0.64%
TAP	B	0.06%	0.05%	0.05%
TER	F	0.05%	0.02%	0.02%
TGT	C	0.25%	0.27%	0.25%
TROW	A	0.14%	0.15%	0.14%
UBER	F	0.52%	0.27%	0.27%
UDR	C	0.08%	0.07%	0.07%
V	A	0.62%	0.33%	0.33%
VICI	D	0.13%	0.18%	0.13%
VLO	C	0.22%	0.08%	0.08%
VTR	C	0.12%	0.14%	0.12%
VTRS	B	0.08%	0.09%	0.08%
WMT	A	0.74%	0.03%	0.03%

FLSP Overweight 110 Positions Relative to UDIV

Symbol	Grade	Weight
BKNG	A	0.79%
TJX	A	0.57%
VRTX	B	0.55%
NVS	F	0.5%
PYPL	A	0.44%
MSI	B	0.42%
TMO	F	0.38%
REGN	F	0.38%
CL	F	0.37%
CTAS	B	0.37%
ELV	F	0.37%
CSX	B	0.34%
GM	B	0.33%
ADSK	B	0.32%
AFL	C	0.32%
FTNT	B	0.32%
FICO	B	0.3%
APP	B	0.28%
VST	B	0.27%
MPC	D	0.27%
CI	D	0.26%
HCA	D	0.26%
PH	A	0.25%
LNG	B	0.25%
BCS	B	0.25%
CPRT	A	0.24%
AMP	A	0.24%
EA	A	0.22%
KR	A	0.22%
AIG	B	0.22%
RCL	A	0.22%
A	F	0.21%
CTSH	A	0.2%
IQV	F	0.19%
IR	A	0.18%
SE	B	0.17%
LULU	B	0.17%
IDXX	F	0.16%
NUE	D	0.16%
GDDY	B	0.15%
VEEV	B	0.15%
PCAR	B	0.15%
CNC	F	0.14%
DECK	B	0.14%
LDOS	C	0.14%
MTD	F	0.14%
ANSS	B	0.14%
EXPE	B	0.13%
WAT	B	0.13%
HIG	C	0.13%
CPAY	A	0.13%
ADM	F	0.13%
STLD	C	0.12%
CSL	B	0.12%
TYL	B	0.12%
ZM	B	0.12%
PHM	D	0.12%
AWK	D	0.11%
PTC	B	0.11%
BLDR	C	0.11%
UTHR	B	0.1%
LYV	A	0.1%
CBOE	D	0.1%
LII	B	0.1%
HOLX	D	0.1%
NRG	C	0.1%
MANH	C	0.09%
TXT	D	0.09%
MAS	D	0.09%
RS	C	0.09%
JBL	C	0.09%
VRSN	C	0.09%
TWLO	B	0.09%
DOCU	B	0.09%
MOH	F	0.09%
ROL	C	0.08%
SSNC	C	0.08%
OC	A	0.08%
CF	B	0.08%
EQH	B	0.08%
MRO	B	0.08%
EXPD	C	0.08%
UHS	D	0.07%
CHRW	A	0.07%
FFIV	B	0.07%
INCY	B	0.07%
AIZ	A	0.07%
DPZ	C	0.07%
AVTR	F	0.07%
WSM	F	0.07%
NBIX	C	0.07%
L	A	0.07%
FOXA	A	0.06%
PAYC	B	0.06%
DKS	D	0.06%
GLPI	D	0.06%
BG	D	0.06%
OVV	C	0.06%
ACI	C	0.05%
MOS	D	0.05%
CHKP	C	0.05%
MTCH	F	0.05%
SEIC	A	0.05%
COR	B	0.04%
DINO	D	0.04%
HII	F	0.04%
WYNN	C	0.04%
AER	B	0.04%
MGM	D	0.04%
ON	F	0.03%

FLSP Underweight 206 Positions Relative to UDIV

Symbol	Grade	Weight
AAPL	C	-6.07%
AMZN	A	-3.49%
GOOGL	C	-1.95%
AVGO	C	-1.87%
TSLA	B	-1.44%
XOM	B	-1.34%
LLY	F	-1.32%
JPM	A	-1.27%
JNJ	D	-1.15%
CVX	A	-1.07%
TXN	B	-0.9%
UNH	B	-0.89%
CSCO	A	-0.85%
IBM	D	-0.83%
PM	B	-0.83%
C	B	-0.8%
KO	F	-0.75%
MRK	F	-0.74%
VZ	D	-0.73%
BX	A	-0.72%
PFE	F	-0.7%
AMGN	F	-0.68%
BMY	B	-0.65%
BAC	A	-0.61%
NFLX	A	-0.6%
PEP	D	-0.57%
UPS	C	-0.55%
ADI	D	-0.55%
MO	A	-0.53%
SO	D	-0.52%
ORCL	A	-0.5%
DUK	D	-0.49%
ABT	C	-0.48%
PNC	B	-0.48%
USB	B	-0.47%
CME	B	-0.46%
AMD	F	-0.46%
INTC	C	-0.44%
ACN	B	-0.44%
GS	B	-0.43%
PLD	D	-0.43%
ITW	B	-0.42%
ETN	B	-0.41%
WMB	B	-0.4%
CVS	F	-0.4%
WFC	A	-0.39%
APO	B	-0.38%
LRCX	F	-0.37%
NXPI	F	-0.37%
TFC	B	-0.36%
OKE	A	-0.36%
AMT	F	-0.35%
DLR	C	-0.32%
KLAC	F	-0.32%
KMI	B	-0.31%
UNP	D	-0.3%
PSA	D	-0.29%
ANET	C	-0.29%
SBUX	B	-0.29%
AEP	D	-0.28%
O	D	-0.28%
CRWD	B	-0.28%
COST	B	-0.27%
LOW	B	-0.27%
PAYX	B	-0.27%
D	D	-0.27%
PANW	B	-0.27%
PLTR	B	-0.27%
F	C	-0.26%
PRU	B	-0.26%
FAST	B	-0.26%
COP	C	-0.24%
CCI	F	-0.24%
MU	D	-0.23%
JCI	A	-0.23%
MSCI	B	-0.23%
MCD	C	-0.23%
MCHP	F	-0.23%
GLW	B	-0.22%
KVUE	A	-0.22%
GIS	F	-0.21%
MTB	A	-0.21%
EQIX	B	-0.21%
EXC	C	-0.21%
EMR	A	-0.21%
DOW	F	-0.2%
XEL	A	-0.2%
FANG	C	-0.2%
EIX	C	-0.19%
RTX	D	-0.19%
ROK	B	-0.19%
EXR	D	-0.19%
ED	D	-0.19%
BKR	B	-0.18%
VRT	B	-0.18%
GRMN	A	-0.18%
ARES	B	-0.18%
FITB	A	-0.18%
KHC	F	-0.17%
IRM	D	-0.17%
HON	B	-0.17%
WEC	B	-0.17%
ETR	B	-0.17%
APD	B	-0.17%
SW	B	-0.16%
PEG	C	-0.15%
HBAN	A	-0.15%
MPWR	F	-0.15%
KKR	B	-0.15%
DFS	B	-0.14%
DTE	D	-0.14%
PPL	A	-0.14%
ISRG	A	-0.14%
EQR	C	-0.14%
RF	A	-0.14%
NTRS	A	-0.13%
CFG	B	-0.13%
MRVL	B	-0.13%
NKE	F	-0.13%
ADP	A	-0.13%
CINF	A	-0.13%
IFF	F	-0.13%
DRI	B	-0.12%
IP	B	-0.12%
CMG	B	-0.12%
COIN	B	-0.12%
OMC	A	-0.12%
PFG	C	-0.12%
WELL	B	-0.12%
ES	D	-0.12%
LUV	B	-0.11%
GPC	D	-0.11%
NEE	D	-0.11%
KEY	B	-0.11%
DASH	A	-0.11%
DIS	B	-0.11%
CTRA	B	-0.11%
INVH	D	-0.11%
WSO	B	-0.11%
CLX	A	-0.11%
KIM	A	-0.1%
BAX	F	-0.1%
TSN	B	-0.1%
ZS	B	-0.1%
CAT	B	-0.1%
MAA	C	-0.1%
ARE	F	-0.1%
DELL	C	-0.1%
CMS	D	-0.1%
HPE	B	-0.1%
ESS	C	-0.1%
DDOG	B	-0.09%
SUI	F	-0.09%
AMCR	D	-0.09%
EWBC	B	-0.09%
FNF	C	-0.09%
NI	A	-0.09%
ALL	B	-0.09%
DOC	C	-0.09%
CAG	F	-0.08%
AXON	B	-0.08%
EVRG	A	-0.08%
SWK	F	-0.08%
LNT	C	-0.08%
IPG	F	-0.07%
HUBB	C	-0.07%
WPC	F	-0.07%
SJM	F	-0.07%
CG	B	-0.07%
EMN	D	-0.07%
NSC	B	-0.07%
JNPR	D	-0.07%
CPT	C	-0.07%
ELS	B	-0.07%
HST	D	-0.07%
BXP	D	-0.07%
WDAY	B	-0.06%
APA	F	-0.06%
HUBS	B	-0.06%
SNOW	C	-0.06%
SLB	C	-0.06%
CNH	D	-0.06%
SCCO	F	-0.06%
LKQ	C	-0.06%
NET	B	-0.06%
TTD	B	-0.06%
MDB	C	-0.05%
CPB	F	-0.05%
HRL	F	-0.05%
AES	F	-0.05%
GD	C	-0.05%
TSCO	D	-0.04%
WBA	D	-0.04%
ENTG	F	-0.04%
SMCI	F	-0.04%
AEE	B	-0.03%
SQ	B	-0.03%
DG	F	-0.03%
BEN	C	-0.03%
NEM	F	-0.02%
AGR	C	-0.02%
SYK	A	-0.02%
OKTA	C	-0.02%
TT	B	-0.02%
SIRI	C	-0.01%
BSY	F	-0.01%