FLSP vs. USCL ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to iShares Climate Conscious & Transition MSCI USA ETF (USCL)

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

USCL

iShares Climate Conscious & Transition MSCI USA ETF

USCL Description

The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.65

Average Daily Volume

2,806

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	USCL
30 Days	0.69%	3.79%
60 Days	0.06%	5.19%
90 Days	0.73%	7.34%
12 Months	6.54%	35.52%

90 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in USCL	Overlap
A	D	0.23%	0.1%	0.1%
ABBV	D	0.59%	0.81%	0.59%
ADBE	C	0.91%	0.63%	0.63%
ADSK	A	0.36%	0.18%	0.18%
AIG	B	0.21%	0.14%	0.14%
ANSS	B	0.14%	0.08%	0.08%
AVB	B	0.13%	0.09%	0.09%
AWK	D	0.13%	0.07%	0.07%
BK	A	0.31%	0.16%	0.16%
BKNG	A	0.87%	0.46%	0.46%
BMY	B	0.59%	0.32%	0.32%
BR	A	0.12%	0.07%	0.07%
CBOE	B	0.12%	0.06%	0.06%
CDNS	B	0.32%	0.22%	0.22%
CL	D	0.36%	0.19%	0.19%
CMCSA	B	0.42%	0.46%	0.42%
CMI	A	0.25%	0.14%	0.14%
CPRT	A	0.22%	0.13%	0.13%
CRM	B	0.7%	0.87%	0.7%
CSL	C	0.11%	0.06%	0.06%
CSX	B	0.31%	0.19%	0.19%
CTAS	B	0.35%	0.21%	0.21%
CTSH	B	0.21%	0.11%	0.11%
DECK	A	0.16%	0.07%	0.07%
EBAY	D	0.18%	0.08%	0.08%
EL	F	0.1%	0.04%	0.04%
EOG	A	0.44%	0.21%	0.21%
EXPD	D	0.09%	0.05%	0.05%
FDX	B	0.27%	0.18%	0.18%
FIS	C	0.26%	0.13%	0.13%
FTNT	C	0.32%	0.17%	0.17%
GEN	B	0.1%	0.05%	0.05%
GILD	C	0.61%	0.31%	0.31%
GM	B	0.36%	0.18%	0.18%
GOOG	C	0.11%	2.03%	0.11%
HD	A	0.28%	1.09%	0.28%
HIG	B	0.19%	0.09%	0.09%
IDXX	F	0.14%	0.09%	0.09%
INCY	C	0.07%	0.03%	0.03%
INTU	C	0.68%	0.53%	0.53%
IQV	D	0.17%	0.1%	0.1%
K	A	0.12%	0.06%	0.06%
KMB	D	0.23%	0.12%	0.12%
LII	A	0.11%	0.06%	0.06%
LIN	D	0.13%	0.59%	0.13%
LULU	C	0.16%	0.1%	0.1%
LVS	C	0.11%	0.05%	0.05%
MA	C	0.77%	1.17%	0.77%
MANH	D	0.09%	0.05%	0.05%
MELI	D	0.16%	0.23%	0.16%
META	D	0.45%	3.42%	0.45%
MGM	D	0.05%	0.02%	0.02%
MMM	D	0.41%	0.2%	0.2%
MRO	B	0.1%	0.04%	0.04%
MS	A	0.15%	0.44%	0.15%
MSFT	F	0.57%	4.42%	0.57%
MTCH	D	0.06%	0.02%	0.02%
MTD	D	0.15%	0.07%	0.07%
NFLX	A	0.45%	0.98%	0.45%
NOW	A	0.75%	0.58%	0.58%
NTRS	A	0.12%	0.06%	0.06%
NUE	C	0.14%	0.1%	0.1%
NVDA	C	0.62%	6.73%	0.62%
OC	A	0.09%	0.05%	0.05%
PAYC	B	0.07%	0.03%	0.03%
PCAR	B	0.14%	0.16%	0.14%
PG	A	0.13%	1.07%	0.13%
PTC	A	0.1%	0.06%	0.06%
PYPL	B	0.45%	0.23%	0.23%
QCOM	F	0.83%	0.49%	0.49%
REG	B	0.08%	0.04%	0.04%
REGN	F	0.33%	0.23%	0.23%
RPM	A	0.05%	0.05%	0.05%
SNPS	B	0.2%	0.23%	0.2%
SPG	B	0.35%	0.16%	0.16%
STLD	B	0.11%	0.06%	0.06%
STT	A	0.17%	0.08%	0.08%
T	A	0.63%	0.43%	0.43%
TAP	C	0.07%	0.03%	0.03%
TGT	F	0.19%	0.19%	0.19%
TMO	F	0.34%	0.55%	0.34%
TROW	B	0.16%	0.07%	0.07%
TWLO	A	0.09%	0.04%	0.04%
UBER	D	0.49%	0.36%	0.36%
VICI	C	0.19%	0.09%	0.09%
VRTX	F	0.49%	0.34%	0.34%
WAT	B	0.14%	0.06%	0.06%
WMT	A	0.75%	1.01%	0.75%
WSM	B	0.11%	0.05%	0.05%
WYNN	D	0.05%	0.03%	0.03%

FLSP Overweight 93 Positions Relative to USCL

Symbol	Grade	Weight
TJX	A	0.75%
AMAT	F	0.66%
MDT	D	0.6%
NVS	D	0.48%
MSI	B	0.48%
HCA	F	0.36%
RTX	C	0.34%
FICO	B	0.34%
AFL	B	0.33%
APP	B	0.31%
VST	B	0.29%
LNG	B	0.29%
MPC	D	0.27%
VLO	C	0.25%
KR	B	0.24%
PH	A	0.23%
PSX	C	0.23%
EA	A	0.23%
BCS	C	0.23%
CI	F	0.22%
AMP	A	0.22%
RCL	A	0.21%
MET	A	0.21%
HPQ	B	0.2%
SE	B	0.18%
APH	A	0.18%
ADM	D	0.16%
NTAP	C	0.16%
IR	B	0.16%
GDDY	A	0.15%
SYY	B	0.15%
EXPE	B	0.14%
CNC	D	0.13%
DVN	F	0.13%
LDOS	C	0.13%
TYL	B	0.13%
VTR	C	0.12%
CAH	B	0.12%
NRG	B	0.12%
CPAY	A	0.12%
LYV	A	0.12%
VEEV	C	0.12%
BBY	D	0.11%
STX	D	0.11%
PKG	A	0.11%
HOLX	D	0.11%
LYB	F	0.11%
PHM	D	0.11%
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%
DOCU	A	0.1%
SNA	A	0.1%
FE	C	0.1%
ZM	B	0.1%
UDR	B	0.09%
L	A	0.09%
ROL	B	0.09%
VTRS	A	0.09%
EQH	B	0.09%
SSNC	B	0.09%
TXT	D	0.09%
AVTR	F	0.08%
DT	C	0.08%
OVV	B	0.08%
CHRW	C	0.08%
FFIV	B	0.08%
SWKS	F	0.08%
DPZ	C	0.08%
NBIX	C	0.08%
FOXA	B	0.07%
DKS	C	0.07%
BG	F	0.07%
GLPI	C	0.07%
UHS	D	0.07%
ACI	C	0.06%
MKTX	D	0.06%
CHKP	D	0.06%
TER	D	0.06%
SEIC	B	0.06%
RPRX	D	0.06%
AIZ	A	0.06%
AER	B	0.05%
MOS	F	0.05%
CRBG	B	0.05%
ON	D	0.04%
COR	B	0.04%
HII	D	0.04%

FLSP Underweight 206 Positions Relative to USCL

Symbol	Grade	Weight
AAPL	C	-5.23%
AMZN	C	-5.13%
TSLA	B	-2.41%
GOOGL	C	-2.33%
AVGO	D	-2.04%
JPM	A	-1.88%
LLY	F	-1.72%
UNH	C	-1.47%
XOM	B	-1.46%
V	A	-1.31%
JNJ	D	-0.99%
BAC	A	-0.87%
ORCL	B	-0.84%
CVX	A	-0.77%
WFC	A	-0.69%
KO	D	-0.69%
MRK	F	-0.67%
CSCO	B	-0.63%
AMD	F	-0.61%
ACN	C	-0.61%
PEP	F	-0.61%
MCD	D	-0.58%
DIS	B	-0.54%
ABT	B	-0.54%
IBM	C	-0.52%
TXN	C	-0.51%
CAT	B	-0.51%
GS	A	-0.51%
VZ	C	-0.46%
AXP	A	-0.45%
SPGI	C	-0.44%
AMGN	D	-0.43%
DHR	F	-0.43%
NEE	D	-0.42%
BLK	C	-0.42%
PGR	A	-0.41%
PFE	D	-0.4%
UNP	C	-0.39%
ETN	A	-0.39%
COP	C	-0.36%
PANW	C	-0.35%
BSX	B	-0.35%
BX	A	-0.35%
TMUS	B	-0.34%
SCHW	B	-0.33%
FI	A	-0.33%
ADP	B	-0.33%
PLTR	B	-0.32%
MMC	B	-0.3%
CB	C	-0.3%
SBUX	A	-0.3%
PLD	D	-0.29%
INTC	D	-0.29%
DE	A	-0.28%
ADI	D	-0.28%
SO	D	-0.26%
UPS	C	-0.26%
NKE	D	-0.25%
TT	A	-0.25%
SHW	A	-0.25%
MDLZ	F	-0.24%
WM	A	-0.24%
ICE	C	-0.24%
AMT	D	-0.24%
DUK	C	-0.23%
EQIX	A	-0.23%
ZTS	D	-0.22%
CME	A	-0.22%
ITW	B	-0.22%
WELL	A	-0.22%
CMG	B	-0.22%
USB	A	-0.21%
MCK	B	-0.21%
MCO	B	-0.21%
CRWD	B	-0.21%
AON	A	-0.2%
EMR	A	-0.2%
CRH	A	-0.19%
MAR	B	-0.19%
CVS	D	-0.19%
CEG	D	-0.19%
AJG	B	-0.18%
APO	B	-0.18%
FCX	D	-0.17%
SLB	C	-0.17%
HLT	A	-0.17%
OKE	A	-0.17%
ECL	D	-0.17%
SRE	A	-0.16%
WDAY	B	-0.16%
DLR	B	-0.16%
TRV	B	-0.16%
ABNB	C	-0.16%
NSC	B	-0.16%
ROP	B	-0.16%
JCI	C	-0.15%
KMI	A	-0.14%
RSG	A	-0.13%
SQ	B	-0.13%
NEM	D	-0.13%
D	C	-0.13%
WCN	A	-0.13%
PWR	A	-0.13%
PAYX	C	-0.13%
O	D	-0.13%
AEP	D	-0.13%
BKR	B	-0.12%
PEG	A	-0.12%
ODFL	B	-0.12%
F	C	-0.12%
DFS	B	-0.12%
AME	A	-0.12%
CCI	D	-0.12%
SNOW	C	-0.11%
STZ	D	-0.11%
EW	C	-0.11%
CTVA	C	-0.11%
TEAM	A	-0.11%
HES	B	-0.11%
CBRE	B	-0.11%
VRSK	A	-0.11%
MNST	C	-0.11%
IT	C	-0.11%
GIS	D	-0.1%
MLM	B	-0.1%
KDP	D	-0.1%
CHTR	C	-0.1%
ACGL	D	-0.1%
EXC	C	-0.1%
DELL	C	-0.1%
XEL	A	-0.1%
YUM	B	-0.1%
GRMN	B	-0.09%
WTW	B	-0.09%
EFX	F	-0.09%
FANG	D	-0.09%
ED	D	-0.09%
ROK	B	-0.09%
HUBS	A	-0.09%
OXY	D	-0.09%
NDAQ	A	-0.09%
HUM	C	-0.09%
DD	D	-0.09%
WAB	B	-0.09%
NET	B	-0.08%
DOV	A	-0.08%
PPG	F	-0.08%
GPN	B	-0.08%
XYL	D	-0.08%
HUBB	B	-0.07%
EQR	B	-0.07%
WST	C	-0.07%
HSY	F	-0.07%
FTV	C	-0.07%
CHD	B	-0.07%
HPE	B	-0.07%
CLX	B	-0.06%
ATO	A	-0.06%
ES	D	-0.06%
ZBH	C	-0.06%
WY	D	-0.06%
ILMN	D	-0.06%
BIIB	F	-0.06%
ARE	D	-0.05%
TRMB	B	-0.05%
PNR	A	-0.05%
FWONK	B	-0.05%
PINS	D	-0.05%
IEX	B	-0.05%
ULTA	F	-0.05%
WRB	A	-0.05%
ZS	C	-0.05%
MKC	D	-0.05%
FDS	B	-0.05%
BALL	D	-0.05%
TRU	D	-0.05%
FSLR	F	-0.05%
BAH	F	-0.05%
LH	C	-0.05%
AKAM	D	-0.04%
RVTY	F	-0.04%
ACM	A	-0.04%
DOC	D	-0.04%
TW	A	-0.04%
LNT	A	-0.04%
GGG	B	-0.04%
JBHT	C	-0.04%
AVY	D	-0.04%
KIM	A	-0.04%
WTRG	B	-0.03%
CRL	C	-0.03%
CTLT	B	-0.03%
CCK	C	-0.03%
SNAP	C	-0.03%
BXP	D	-0.03%
CG	A	-0.03%
ALB	C	-0.03%
DAY	B	-0.03%
OKTA	C	-0.03%
JKHY	D	-0.03%
AZPN	A	-0.02%
H	B	-0.02%
BSY	D	-0.02%
DVA	B	-0.02%
CPB	D	-0.02%
TFX	F	-0.02%