INCE vs. NDOW ETF Comparison

Comparison of Franklin Income Equity Focus ETF (INCE) to Anydrus Advantage ETF (NDOW)

INCE

Franklin Income Equity Focus ETF

INCE Description

Under normal marketing conditions, the fund will invest at least 80% of its net assets in equity securities, and in derivatives and other instruments that have economic characteristics and provide investment exposure similar to equity securities.

Grade (RS Rating)

Last Trade

$58.80

Average Daily Volume

6,895

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NDOW

Anydrus Advantage ETF

NDOW Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of equity securities, fixed income securities and ETFs representing a broad range of asset classes. The fund seeks to provide attractive risk adjusted returns over market cycles by investing in a broadly diversified portfolio. In doing so, the fund seeks to provide investors with 1) reduced correlation to U.S. only stock and bond market movements, and 2) multiple alternative return sources that are independent from traditional U.S. stock and bond markets.

Grade (RS Rating)

Last Trade

$25.11

Average Daily Volume

2,618

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INCE	NDOW
30 Days	0.46%	-0.08%
60 Days	2.02%	-0.93%
90 Days	3.59%	-0.09%
12 Months	18.90%

3 Overlapping Holdings

Symbol	Grade	Weight in INCE	Weight in NDOW	Overlap
FCX	D	0.52%	0.8%	0.52%
JPM	A	1.48%	1.01%	1.01%
SRE	A	1.11%	1.05%	1.05%

INCE Overweight 41 Positions Relative to NDOW

Symbol	Grade	Weight
SO	D	3.1%
VZ	C	2.94%
JNJ	D	2.9%
CVX	A	2.85%
PEP	F	2.42%
LMT	D	2.21%
JCI	C	2.14%
APD	A	2.05%
PG	A	1.98%
RIO	D	1.69%
HD	A	1.62%
XOM	B	1.58%
SCHW	B	1.48%
MS	A	1.46%
RTX	C	1.43%
UNP	C	1.41%
LOW	D	1.33%
ADI	D	1.31%
MET	A	1.29%
PM	B	1.25%
TXN	C	1.2%
USB	A	1.16%
MCD	D	1.14%
TTE	F	1.14%
SBUX	A	1.14%
CSCO	B	1.12%
HON	B	1.09%
BAC	A	1.04%
GM	B	1.03%
AEP	D	0.99%
KO	D	0.98%
IBM	C	0.95%
NEM	D	0.94%
UPS	C	0.87%
DUK	C	0.83%
PNC	B	0.59%
FITB	A	0.58%
MA	C	0.53%
ALB	C	0.53%
BA	F	0.23%
C	A	0.0%

INCE Underweight 51 Positions Relative to NDOW

Symbol	Grade	Weight
IBTH	D	-8.43%
VGIT	D	-8.3%
XEMD	C	-6.17%
FLIA	B	-6.08%
SCHI	C	-4.91%
BSJS	A	-4.54%
SPMO	B	-4.33%
BKLC	A	-4.32%
SCHD	A	-4.25%
IDMO	C	-3.81%
VGLT	F	-3.74%
MGK	B	-3.0%
GLTR	C	-2.7%
FMF	C	-2.05%
FLSP	C	-2.04%
MNA	C	-2.03%
BTAL	F	-2.03%
ETN	A	-1.01%
NEE	D	-0.88%
BCC	B	-0.86%
NXPI	D	-0.79%
BNTX	D	-0.62%
FINV	B	-0.61%
ESEA	D	-0.61%
NICE	C	-0.6%
OGN	D	-0.59%
VRTX	F	-0.57%
MPWR	F	-0.56%
NTES	D	-0.55%
BABA	D	-0.54%
YY	C	-0.52%
ABBV	D	-0.5%
BIDU	F	-0.5%
INFY	B	-0.48%
PBR	C	-0.46%
E	F	-0.45%
MTLS	B	-0.43%
LNTH	D	-0.42%
LNG	B	-0.42%
TCMD	A	-0.41%
CHE	D	-0.41%
ACMR	F	-0.41%
LRN	A	-0.41%
BLD	D	-0.4%
INTC	D	-0.4%
NBIX	C	-0.4%
CROX	D	-0.4%
AMAT	F	-0.38%
REGN	F	-0.38%
ROCK	C	-0.38%
QCOM	F	-0.37%