INCE vs. NDVG ETF Comparison

Comparison of Franklin Income Equity Focus ETF (INCE) to Nuveen Dividend Growth ETF (NDVG)

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

$58.18

Average Daily Volume

5,956

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NDVG

Nuveen Dividend Growth ETF

NDVG Description

The investment seeks an attractive total return comprised of income from dividends and long-term capital appreciation. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in dividend-paying exchange-traded equity securities, which include common stocks and preferred securities. It may invest in small-, mid- and large-cap companies. The fund may invest up to 25% of its net assets in non- U.S. exchange-traded equity securities that are U.S. dollar-denominated.

Grade (RS Rating)

Last Trade

$32.87

Average Daily Volume

1,510

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INCE	NDVG
30 Days	-1.45%	-2.12%
60 Days	1.51%	0.29%
90 Days	3.16%	2.78%
12 Months	18.12%	24.26%

13 Overlapping Holdings

Symbol	Grade	Weight in INCE	Weight in NDVG	Overlap
CVX	A	2.86%	2.01%	2.01%
HON	B	1.1%	1.79%	1.1%
JPM	A	1.48%	3.65%	1.48%
LOW	C	1.37%	2.18%	1.37%
MA	B	0.54%	2.89%	0.54%
MCD	D	1.17%	2.47%	1.17%
NOC	D	1.04%	1.31%	1.04%
PEP	F	1.78%	1.38%	1.38%
PM	A	1.23%	2.03%	1.23%
SBUX	A	1.15%	1.14%	1.14%
TXN	C	1.25%	0.95%	0.95%
UNP	D	1.42%	1.37%	1.37%
XOM	B	1.58%	2.21%	1.58%

INCE Overweight 32 Positions Relative to NDVG

Symbol	Grade	Weight
SO	C	3.06%
JNJ	D	2.87%
VZ	C	2.85%
LMT	D	2.23%
JCI	B	2.19%
APD	A	1.97%
PG	C	1.93%
RIO	D	1.64%
HD	A	1.64%
SCHW	A	1.48%
MS	A	1.47%
RTX	D	1.43%
ADI	D	1.31%
MET	A	1.29%
USB	B	1.15%
TTE	F	1.14%
CSCO	B	1.13%
GM	B	1.09%
SRE	A	1.08%
BAC	A	1.04%
KO	D	0.97%
AEP	C	0.95%
IBM	C	0.92%
NEM	D	0.89%
UPS	C	0.87%
DUK	C	0.81%
PNC	B	0.6%
FITB	B	0.59%
FCX	F	0.51%
ALB	B	0.5%
BA	D	0.42%
C	B	0.0%

INCE Underweight 28 Positions Relative to NDVG

Symbol	Grade	Weight
MSFT	D	-7.64%
AAPL	C	-7.32%
AVGO	C	-4.38%
MSI	B	-3.25%
UNH	C	-3.23%
AXP	B	-2.96%
LIN	D	-2.93%
ACN	C	-2.83%
WMT	A	-2.48%
ETN	B	-2.4%
TSM	B	-2.39%
NEE	C	-2.37%
MMC	D	-2.19%
ABT	A	-2.17%
ABBV	F	-2.14%
TT	A	-2.13%
PLD	D	-2.12%
TJX	A	-2.11%
SPGI	D	-2.08%
APH	B	-2.04%
CMCSA	B	-2.02%
ZTS	D	-2.01%
AMT	D	-1.98%
WEC	A	-1.83%
PKG	B	-1.59%
ELV	F	-1.49%
MDLZ	F	-1.38%
NVO	F	-1.17%