INCE vs. PFIX ETF Comparison

Comparison of Franklin Income Equity Focus ETF (INCE) to Simplify Interest Rate Hedge ETF (PFIX)

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

$57.92

Average Daily Volume

6,686

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFIX

Simplify Interest Rate Hedge ETF

PFIX Description

The investment seeks to track the performance, before fees and expenses, of the SoFi Sustainable Dividend Index. The index follows a rules-based methodology that tracks the performance of the equity securities of publicly-traded, large- and mid-capitalization U.S. and non-U.S. companies in developed markets that are selected based on a set of dividend filters focused on dividend sustainability. The adviser attempts to invest all, or substantially all, of its assets in the component securities that make up the index. The fund will invest at least 80% its net assets in dividend paying securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$50.18

Average Daily Volume

78,645

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	INCE	PFIX
30 Days	-0.94%	12.81%
60 Days	2.32%	31.25%
90 Days	3.87%	19.37%
12 Months	18.77%	0.21%

23 Overlapping Holdings

Symbol	Grade	Weight in INCE	Weight in PFIX	Overlap
AEP	D	1.03%	0.31%	0.31%
APD	B	1.92%	0.37%	0.37%
BAC	A	0.95%	1.73%	0.95%
C	B	0.0%	0.77%	0.0%
CSCO	A	1.1%	1.48%	1.1%
CVS	F	0.76%	0.76%	0.76%
CVX	A	2.73%	2.06%	2.06%
FITB	A	0.54%	0.16%	0.16%
JCI	A	1.94%	0.29%	0.29%
JNJ	D	3.01%	2.83%	2.83%
JPM	A	1.36%	3.9%	1.36%
LMT	D	2.27%	0.82%	0.82%
MET	C	1.22%	0.32%	0.32%
MS	A	1.32%	0.81%	0.81%
PG	C	1.93%	2.82%	1.93%
PNC	B	0.55%	0.43%	0.43%
SO	D	3.14%	0.55%	0.55%
SRE	B	0.99%	0.33%	0.33%
TXN	B	1.23%	1.13%	1.13%
UPS	C	0.88%	0.81%	0.81%
USB	B	1.09%	0.45%	0.45%
VZ	D	2.89%	1.26%	1.26%
XOM	B	1.57%	3.19%	1.57%

INCE Overweight 24 Positions Relative to PFIX

Symbol	Grade	Weight
PEP	D	1.82%
RIO	F	1.78%
HD	B	1.63%
RTX	D	1.44%
UNP	D	1.42%
LOW	B	1.37%
ADI	D	1.35%
SCHW	B	1.32%
PM	B	1.27%
TTE	F	1.2%
MCD	C	1.17%
SBUX	B	1.14%
ABT	C	1.14%
NOC	D	1.07%
GM	B	1.02%
KO	F	1.02%
NEM	F	1.01%
HON	B	1.0%
IBM	D	0.92%
DUK	D	0.84%
FCX	F	0.56%
MA	B	0.53%
ALB	C	0.49%
BA	F	0.46%

INCE Underweight 85 Positions Relative to PFIX

Symbol	Grade	Weight
AVGO	C	-3.86%
TM	F	-1.97%
NVS	F	-1.56%
CMCSA	B	-1.29%
QCOM	F	-1.27%
HSBH	A	-1.23%
COP	C	-1.01%
PLD	D	-0.91%
BLK	A	-0.87%
TD	D	-0.83%
ETN	B	-0.82%
ADP	A	-0.79%
MDLZ	F	-0.76%
MMC	D	-0.75%
GILD	B	-0.66%
GD	C	-0.46%
HMC	F	-0.45%
PSX	C	-0.45%
STLA	F	-0.43%
NSC	B	-0.42%
PCAR	B	-0.42%
TRV	B	-0.38%
VLO	C	-0.36%
AIG	B	-0.34%
NUE	D	-0.32%
OKE	A	-0.31%
PAYX	B	-0.3%
BK	B	-0.29%
LHX	B	-0.29%
CMI	A	-0.28%
RSG	B	-0.28%
GIS	F	-0.28%
EXC	C	-0.27%
KR	A	-0.26%
E	F	-0.26%
XEL	A	-0.25%
PEG	C	-0.23%
FANG	C	-0.23%
HSY	F	-0.22%
DFS	B	-0.22%
ADM	F	-0.22%
VICI	D	-0.22%
BCS	B	-0.22%
AVB	B	-0.19%
EIX	C	-0.19%
WEC	B	-0.18%
TROW	A	-0.17%
DTE	D	-0.17%
STT	B	-0.16%
ES	D	-0.15%
MTB	A	-0.15%
PFG	C	-0.14%
GPC	D	-0.14%
DRI	B	-0.14%
AEE	B	-0.14%
ETR	B	-0.14%
HBAN	A	-0.13%
GRMN	A	-0.13%
OMC	A	-0.13%
HPE	B	-0.13%
CMS	D	-0.12%
RF	A	-0.12%
SWKS	F	-0.12%
SYF	B	-0.12%
HST	D	-0.11%
NTRS	A	-0.11%
VTRS	B	-0.11%
ATO	B	-0.11%
CINF	A	-0.11%
FNF	C	-0.1%
SNA	A	-0.1%
CCEP	C	-0.1%
PKG	B	-0.1%
BBY	C	-0.1%
IP	B	-0.09%
AMCR	D	-0.09%
EG	D	-0.09%
CAG	F	-0.09%
NI	A	-0.08%
LNT	C	-0.08%
MOS	D	-0.07%
EVRG	A	-0.07%
CHRW	A	-0.06%
CPB	F	-0.06%
FRO	D	-0.02%