INCE vs. YLDE ETF Comparison

Comparison of Franklin Income Equity Focus ETF (INCE) to ClearBridge Dividend Strategy ESG ETF (YLDE)

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

YLDE

ClearBridge Dividend Strategy ESG ETF

YLDE Description

The investment seeks dividend income, growth of dividend income and long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in dividend-paying stocks or other instruments with similar economic characteristics that offer the potential for income growth and capital appreciation over time and that meet its financial and environmental, social and governance (ESG) criteria. The fund may also invest in companies that the subadviser believes are making substantial progress toward becoming a leader in ESG policies.

Grade (RS Rating)

Last Trade

$52.22

Average Daily Volume

3,004

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INCE	YLDE
30 Days	-1.45%	0.81%
60 Days	1.51%	4.21%
90 Days	3.16%	7.85%
12 Months	18.12%	23.90%

17 Overlapping Holdings

Symbol	Grade	Weight in INCE	Weight in YLDE	Overlap
APD	A	1.97%	1.38%	1.38%
CSCO	B	1.13%	1.18%	1.13%
FCX	F	0.51%	0.94%	0.51%
GM	B	1.09%	0.79%	0.79%
HD	A	1.64%	1.52%	1.52%
HON	B	1.1%	1.61%	1.1%
JNJ	D	2.87%	1.25%	1.25%
JPM	A	1.48%	3.35%	1.48%
KO	D	0.97%	1.84%	0.97%
MET	A	1.29%	1.79%	1.29%
PG	C	1.93%	1.57%	1.57%
PNC	B	0.6%	1.33%	0.6%
SBUX	A	1.15%	1.15%	1.15%
SRE	A	1.08%	3.51%	1.08%
TXN	C	1.25%	0.68%	0.68%
UNP	D	1.42%	1.68%	1.42%
UPS	C	0.87%	0.47%	0.47%

INCE Overweight 28 Positions Relative to YLDE

Symbol	Grade	Weight
SO	C	3.06%
CVX	A	2.86%
VZ	C	2.85%
LMT	D	2.23%
JCI	B	2.19%
PEP	F	1.78%
RIO	D	1.64%
XOM	B	1.58%
SCHW	A	1.48%
MS	A	1.47%
RTX	D	1.43%
LOW	C	1.37%
ADI	D	1.31%
PM	A	1.23%
MCD	D	1.17%
USB	B	1.15%
TTE	F	1.14%
BAC	A	1.04%
NOC	D	1.04%
AEP	C	0.95%
IBM	C	0.92%
NEM	D	0.89%
DUK	C	0.81%
FITB	B	0.59%
MA	B	0.54%
ALB	B	0.5%
BA	D	0.42%
C	B	0.0%

INCE Underweight 33 Positions Relative to YLDE

Symbol	Grade	Weight
WMB	A	-4.01%
MSFT	D	-3.76%
APO	A	-3.26%
CMCSA	B	-3.03%
TMUS	B	-2.91%
V	A	-2.78%
AVGO	C	-2.73%
TRV	A	-2.73%
BDX	F	-2.73%
LIN	D	-2.46%
KMI	A	-2.42%
ORCL	A	-2.39%
VMC	B	-2.38%
COF	B	-2.1%
AAPL	C	-2.06%
AVB	B	-1.94%
GOOGL	B	-1.91%
HLN	C	-1.68%
UNH	C	-1.65%
AMT	D	-1.63%
WM	B	-1.6%
MRK	F	-1.58%
SAP	B	-1.5%
EQT	A	-1.4%
EIX	C	-1.37%
DTE	C	-1.21%
AZN	F	-1.12%
PSA	C	-1.02%
PPG	F	-0.89%
AIG	C	-0.88%
NUE	D	-0.87%
GILD	C	-0.81%
DIS	B	-0.77%