INCM vs. AVDE ETF Comparison

Comparison of Franklin Income Focus ETF (INCM) to Avantis International Equity ETF (AVDE)

INCM

Franklin Income Focus ETF

INCM Description

Under normal market conditions, the fund invests in a diversified portfolio of debt and equity securities. The fund may invest up to 30% of its assets in equity index-linked notes, with respect to which interest payments are typically derived from the implied volatility of an equity index (e.g., the S&P 500 Index) and 10% of its assets in equity linked notes (ELNs).

Grade (RS Rating)

Last Trade

$27.02

Average Daily Volume

142,797

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AVDE

Avantis International Equity ETF

AVDE Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of non-U.S. companies across countries, market sectors and industry groups. It may invest in companies of all market capitalizations. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities. It also may invest in derivative instruments such as futures contracts, currency forwards, and swap agreements.

Grade (RS Rating)

Last Trade

$63.25

Average Daily Volume

264,924

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	INCM	AVDE
30 Days	-0.18%	-2.96%
60 Days	0.30%	-4.49%
90 Days	1.01%	-4.70%
12 Months	13.43%	11.08%

3 Overlapping Holdings

Symbol	Grade	Weight in INCM	Weight in AVDE	Overlap
ABBV	F	0.74%	0.12%	0.12%
BHP	F	0.76%	0.47%	0.47%
TTE	F	0.66%	0.61%	0.61%

INCM Overweight 39 Positions Relative to AVDE

Symbol	Grade	Weight
CVX	A	1.71%
JPM	A	1.54%
XOM	B	1.51%
JNJ	C	1.22%
BAC	A	1.17%
DUK	C	1.13%
PG	C	1.04%
ADI	D	0.98%
PM	B	0.92%
LMT	D	0.9%
HON	C	0.86%
APD	A	0.81%
HD	B	0.81%
USB	A	0.81%
SO	C	0.81%
JCI	B	0.78%
PEP	F	0.75%
KO	D	0.75%
VZ	C	0.74%
PFE	F	0.69%
TFC	A	0.66%
ALB	B	0.63%
RTX	D	0.59%
ITW	B	0.56%
CSCO	B	0.54%
NEE	C	0.51%
SBUX	A	0.49%
NEE	C	0.47%
MCHP	F	0.45%
COP	C	0.41%
MS	A	0.4%
BA	F	0.39%
SRE	A	0.3%
XEL	A	0.3%
EIX	B	0.28%
MSFT	D	0.15%
C	A	0.01%
MRK	D	0.01%
CMCSA	B	0.0%

INCM Underweight 111 Positions Relative to AVDE

Symbol	Grade	Weight
NVO	F	-1.41%
NVS	F	-0.8%
TM	F	-0.6%
HSBC	A	-0.6%
ASML	F	-0.6%
BP	D	-0.47%
AZN	F	-0.44%
MUFG	B	-0.37%
BCS	A	-0.37%
GSK	F	-0.35%
SAP	B	-0.34%
RELX	D	-0.32%
ING	F	-0.31%
SMFG	B	-0.31%
SNY	F	-0.3%
RIO	D	-0.29%
UL	D	-0.29%
SAN	D	-0.28%
BBVA	D	-0.27%
LYG	D	-0.26%
TD	D	-0.26%
CNI	F	-0.26%
STM	F	-0.22%
DEO	F	-0.21%
ORAN	F	-0.2%
MFG	A	-0.19%
HMC	F	-0.19%
NWG	A	-0.18%
AER	A	-0.18%
NGG	D	-0.17%
IX	F	-0.16%
WFG	C	-0.16%
E	F	-0.15%
VOD	F	-0.15%
SHOP	B	-0.15%
HLN	C	-0.12%
MT	B	-0.12%
BUD	F	-0.12%
TEF	C	-0.11%
ZIM	C	-0.11%
LOGI	D	-0.11%
SW	A	-0.11%
PHG	C	-0.11%
AGCO	D	-0.11%
STLA	F	-0.1%
CCEP	C	-0.09%
NOK	D	-0.09%
ERIC	C	-0.09%
RBA	A	-0.08%
EQNR	C	-0.08%
CHKP	C	-0.07%
TAK	D	-0.07%
GMAB	F	-0.06%
SNN	D	-0.06%
TEVA	C	-0.06%
SE	A	-0.05%
CHRD	D	-0.05%
ARGX	B	-0.05%
TAC	A	-0.03%
QGEN	D	-0.03%
OTEX	F	-0.03%
GLNG	C	-0.03%
CUK	A	-0.03%
DOOO	F	-0.02%
GRAB	A	-0.02%
TRMD	F	-0.02%
WPP	C	-0.02%
WDS	D	-0.02%
BUR	C	-0.02%
PRMW	C	-0.02%
XRX	F	-0.02%
MBAVU	C	-0.01%
KRNT	B	-0.01%
GLBE	B	-0.01%
FMS	A	-0.01%
AEI	D	-0.01%
ICLR	D	-0.01%
TS	B	-0.01%
GLPG	F	-0.01%
PDS	C	-0.01%
PSO	B	-0.01%
WIX	A	-0.01%
CYBR	A	-0.01%
FRO	D	-0.01%
FUTU	D	-0.01%
NICE	D	-0.01%
CLLS	F	-0.0%
IAUX	F	-0.0%
IPHA	D	-0.0%
UBCP	D	-0.0%
CSTE	F	-0.0%
QIPT	F	-0.0%
GEN	B	-0.0%
PIXY	F	-0.0%
RENB	F	-0.0%
LSPD	C	-0.0%
CLF	F	-0.0%
ORLA	C	-0.0%
SSBI	D	-0.0%
VGR	B	-0.0%
MLCO	F	-0.0%
ITRN	B	-0.0%
ELBM	D	-0.0%
NNDM	D	-0.0%
CSTM	F	-0.0%
SPNS	F	-0.0%
ASTL	B	-0.0%
VMAR	F	-0.0%
FLNG	C	-0.0%
MNDY	C	-0.0%
TCI	D	-0.0%