GLOF vs. FLSP ETF Comparison

Comparison of iShares Global Equity Factor ETF (GLOF) to Franklin Liberty Systematic Style Premia ETF (FLSP)

GLOF

iShares Global Equity Factor ETF

GLOF Description

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index is designed to contain equity securities from the MSCI ACWI Index (the parent index) that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the parent index.

Grade (RS Rating)

Last Trade

$44.65

Average Daily Volume

4,366

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

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

Performance

Period	GLOF	FLSP
30 Days	1.47%	0.69%
60 Days	1.03%	0.06%
90 Days	1.65%	0.73%
12 Months	25.88%	6.54%

74 Overlapping Holdings

Symbol	Grade	Weight in GLOF	Weight in FLSP	Overlap
A	D	0.09%	0.23%	0.09%
ABBV	D	0.62%	0.59%	0.59%
ADBE	C	0.19%	0.91%	0.19%
AFL	B	0.18%	0.33%	0.18%
AMAT	F	0.33%	0.66%	0.33%
AMP	A	0.51%	0.22%	0.22%
BBY	D	0.39%	0.11%	0.11%
BK	A	0.1%	0.31%	0.1%
BKNG	A	0.77%	0.87%	0.77%
BLDR	D	0.48%	0.1%	0.1%
BMY	B	0.36%	0.59%	0.36%
CDNS	B	0.51%	0.32%	0.32%
CF	B	0.07%	0.1%	0.07%
CSX	B	0.02%	0.31%	0.02%
CTAS	B	0.48%	0.35%	0.35%
DOCU	A	0.39%	0.1%	0.1%
EA	A	0.04%	0.23%	0.04%
EBAY	D	0.31%	0.18%	0.18%
FICO	B	0.62%	0.34%	0.34%
FOXA	B	0.09%	0.07%	0.07%
FTNT	C	0.65%	0.32%	0.32%
GILD	C	0.27%	0.61%	0.27%
GM	B	0.08%	0.36%	0.08%
GOOG	C	2.61%	0.11%	0.11%
HD	A	0.7%	0.28%	0.28%
HOLX	D	0.25%	0.11%	0.11%
HPQ	B	0.28%	0.2%	0.2%
IDXX	F	0.07%	0.14%	0.07%
INTU	C	0.5%	0.68%	0.5%
KR	B	0.42%	0.24%	0.24%
LII	A	0.42%	0.11%	0.11%
LIN	D	0.18%	0.13%	0.13%
LULU	C	0.07%	0.16%	0.07%
LYB	F	0.18%	0.11%	0.11%
MA	C	0.52%	0.77%	0.52%
MAS	D	0.17%	0.1%	0.1%
MDT	D	0.01%	0.6%	0.01%
MELI	D	0.29%	0.16%	0.16%
META	D	1.35%	0.45%	0.45%
MOH	F	0.2%	0.1%	0.1%
MOS	F	0.02%	0.05%	0.02%
MPC	D	0.21%	0.27%	0.21%
MRO	B	0.14%	0.1%	0.1%
MSFT	F	4.06%	0.57%	0.57%
MSI	B	0.49%	0.48%	0.48%
MTCH	D	0.03%	0.06%	0.03%
MTD	D	0.37%	0.15%	0.15%
NOW	A	0.37%	0.75%	0.37%
NTAP	C	0.12%	0.16%	0.12%
NUE	C	0.2%	0.14%	0.14%
NVDA	C	4.5%	0.62%	0.62%
PCAR	B	0.01%	0.14%	0.01%
PG	A	0.72%	0.13%	0.13%
PH	A	0.05%	0.23%	0.05%
PHM	D	0.22%	0.11%	0.11%
QCOM	F	0.35%	0.83%	0.35%
REG	B	0.03%	0.08%	0.03%
SNPS	B	0.22%	0.2%	0.2%
SPG	B	0.08%	0.35%	0.08%
STLD	B	0.29%	0.11%	0.11%
STT	A	0.18%	0.17%	0.17%
STX	D	0.02%	0.11%	0.02%
T	A	0.35%	0.63%	0.35%
TGT	F	0.31%	0.19%	0.19%
TJX	A	0.06%	0.75%	0.06%
TMO	F	0.34%	0.34%	0.34%
UBER	D	0.09%	0.49%	0.09%
VEEV	C	0.01%	0.12%	0.01%
VICI	C	0.02%	0.19%	0.02%
VLO	C	0.13%	0.25%	0.13%
VRSN	F	0.02%	0.1%	0.02%
VRTX	F	0.15%	0.49%	0.15%
VST	B	0.43%	0.29%	0.29%
WMT	A	0.65%	0.75%	0.65%

GLOF Overweight 115 Positions Relative to FLSP

Symbol	Grade	Weight
AAPL	C	4.28%
AMZN	C	2.18%
AVGO	D	1.19%
JPM	A	0.94%
V	A	0.76%
LLY	F	0.73%
UNH	C	0.73%
LOW	D	0.65%
MCK	B	0.61%
PEP	F	0.61%
JNJ	D	0.6%
SYF	B	0.58%
TEAM	A	0.57%
MCD	D	0.53%
COST	B	0.51%
TT	A	0.44%
MRK	F	0.42%
AZO	C	0.42%
ORCL	B	0.4%
TSLA	B	0.37%
FERG	B	0.36%
XOM	B	0.36%
COF	B	0.35%
TXN	C	0.35%
MFG	B	0.34%
DELL	C	0.34%
ORLY	B	0.33%
PANW	C	0.33%
IT	C	0.33%
MSCI	C	0.32%
HPE	B	0.32%
KLAC	D	0.3%
ELV	F	0.3%
CRWD	B	0.29%
ACN	C	0.29%
PM	B	0.27%
ABT	B	0.25%
CSCO	B	0.24%
ALLY	C	0.24%
ABNB	C	0.24%
GWW	B	0.24%
ANET	C	0.23%
MUFG	B	0.22%
BAC	A	0.22%
YUM	B	0.22%
PFE	D	0.21%
AXP	A	0.21%
KO	D	0.2%
NVR	D	0.2%
DVA	B	0.2%
PSA	D	0.2%
FNF	B	0.2%
AMGN	D	0.2%
LRCX	F	0.2%
SPGI	C	0.2%
DFS	B	0.19%
BRK.A	B	0.19%
SBUX	A	0.19%
ETN	A	0.18%
EMR	A	0.18%
VLTO	D	0.17%
HUBS	A	0.17%
WFC	A	0.17%
LI	F	0.16%
TRV	B	0.16%
ZS	C	0.14%
HUM	C	0.14%
SIRI	C	0.13%
GS	A	0.13%
GEHC	F	0.13%
HSY	F	0.13%
COP	C	0.13%
BLK	C	0.12%
UNP	C	0.11%
URI	B	0.11%
EG	C	0.1%
CVS	D	0.1%
CDW	F	0.1%
VZ	C	0.1%
PFG	D	0.1%
DTE	C	0.09%
SMFG	B	0.09%
NKE	D	0.08%
DE	A	0.08%
NWS	B	0.08%
TM	D	0.08%
IBM	C	0.08%
DOW	F	0.08%
CVX	A	0.06%
ULTA	F	0.06%
CRH	A	0.06%
NDAQ	A	0.06%
LINE	F	0.05%
FWONA	B	0.05%
MDLZ	F	0.05%
PAYX	C	0.05%
CHTR	C	0.05%
CPNG	D	0.05%
FRT	B	0.04%
DOX	D	0.04%
TSCO	D	0.04%
CAT	B	0.04%
MCO	B	0.03%
QRVO	F	0.03%
MRNA	F	0.03%
NI	A	0.03%
WIT	A	0.02%
OMC	C	0.02%
GL	B	0.02%
WY	D	0.02%
BIIB	F	0.02%
OKTA	C	0.01%
PLD	D	0.01%
CEG	D	0.01%
DHR	F	0.01%

GLOF Underweight 109 Positions Relative to FLSP

Symbol	Grade	Weight
CRM	B	-0.7%
NVS	D	-0.48%
PYPL	B	-0.45%
NFLX	A	-0.45%
EOG	A	-0.44%
CMCSA	B	-0.42%
MMM	D	-0.41%
ADSK	A	-0.36%
HCA	F	-0.36%
CL	D	-0.36%
RTX	C	-0.34%
REGN	F	-0.33%
APP	B	-0.31%
LNG	B	-0.29%
FDX	B	-0.27%
FIS	C	-0.26%
CMI	A	-0.25%
KMB	D	-0.23%
PSX	C	-0.23%
BCS	C	-0.23%
CI	F	-0.22%
CPRT	A	-0.22%
RCL	A	-0.21%
MET	A	-0.21%
AIG	B	-0.21%
CTSH	B	-0.21%
HIG	B	-0.19%
SE	B	-0.18%
APH	A	-0.18%
IQV	D	-0.17%
ADM	D	-0.16%
TROW	B	-0.16%
DECK	A	-0.16%
IR	B	-0.16%
GDDY	A	-0.15%
MS	A	-0.15%
SYY	B	-0.15%
ANSS	B	-0.14%
WAT	B	-0.14%
EXPE	B	-0.14%
AWK	D	-0.13%
CNC	D	-0.13%
DVN	F	-0.13%
LDOS	C	-0.13%
AVB	B	-0.13%
TYL	B	-0.13%
CBOE	B	-0.12%
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%
BR	A	-0.12%
CSL	C	-0.11%
PKG	A	-0.11%
WSM	B	-0.11%
LVS	C	-0.11%
EL	F	-0.1%
JBL	B	-0.1%
RS	B	-0.1%
UTHR	C	-0.1%
PTC	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%
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%
PAYC	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%
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%
CRBG	B	-0.05%
ON	D	-0.04%
COR	B	-0.04%
HII	D	-0.04%