INCM vs. SPHQ ETF Comparison

Comparison of Franklin Income Focus ETF (INCM) to PowerShares S&P 500 High Quality Portfolio (SPHQ)

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

$26.99

Average Daily Volume

143,711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPHQ

PowerShares S&P 500 High Quality Portfolio

SPHQ Description

The PowerShares S&P 500Â® High Quality Portfolio (Fund) is based on the S&P 500Â® High Quality Rankings Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide exposure to the constituents of the S&P 500 Index that are identified as stocks reflecting long-term growth and stability of a company's earnings and dividends. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$68.34

Average Daily Volume

861,359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INCM	SPHQ
30 Days	0.27%	2.20%
60 Days	0.52%	1.70%
90 Days	1.34%	3.87%
12 Months	13.81%	32.58%

8 Overlapping Holdings

Symbol	Grade	Weight in INCM	Weight in SPHQ	Overlap
CSCO	B	0.54%	2.61%	0.54%
ITW	B	0.56%	1.16%	0.56%
JNJ	D	1.22%	4.84%	1.22%
LMT	D	0.9%	1.65%	0.9%
MCHP	D	0.45%	0.43%	0.43%
MSFT	F	0.15%	4.5%	0.15%
PEP	F	0.75%	2.26%	0.75%
PG	A	1.04%	3.89%	1.04%

INCM Overweight 34 Positions Relative to SPHQ

Symbol	Grade	Weight
CVX	A	1.71%
JPM	A	1.54%
XOM	B	1.51%
BAC	A	1.17%
DUK	C	1.13%
ADI	D	0.98%
PM	B	0.92%
HON	B	0.86%
APD	A	0.81%
HD	A	0.81%
USB	A	0.81%
SO	D	0.81%
JCI	C	0.78%
BHP	F	0.76%
KO	D	0.75%
VZ	C	0.74%
ABBV	D	0.74%
PFE	D	0.69%
TTE	F	0.66%
TFC	A	0.66%
ALB	C	0.63%
RTX	C	0.59%
NEE	D	0.51%
SBUX	A	0.49%
NEE	D	0.47%
COP	C	0.41%
MS	A	0.4%
BA	F	0.39%
SRE	A	0.3%
XEL	A	0.3%
EIX	B	0.28%
C	A	0.01%
MRK	F	0.01%
CMCSA	B	0.0%

INCM Underweight 91 Positions Relative to SPHQ

Symbol	Grade	Weight
MA	C	-5.45%
V	A	-5.29%
AVGO	D	-5.28%
AAPL	C	-4.97%
COST	B	-4.29%
NFLX	A	-4.24%
ADBE	C	-2.87%
QCOM	F	-2.2%
GE	D	-2.02%
ADP	B	-2.01%
CAT	B	-2.01%
INTU	C	-1.83%
AMAT	F	-1.68%
PGR	A	-1.63%
TJX	A	-1.54%
PANW	C	-1.24%
NKE	D	-1.08%
LRCX	F	-1.06%
KLAC	D	-1.05%
SHW	A	-1.01%
MDLZ	F	-0.9%
EMR	A	-0.88%
AMP	A	-0.86%
ADSK	A	-0.86%
CTAS	B	-0.76%
ZTS	D	-0.74%
MCO	B	-0.73%
PAYX	C	-0.66%
IT	C	-0.64%
GWW	B	-0.59%
FAST	B	-0.59%
MPC	D	-0.58%
CMI	A	-0.57%
KMB	D	-0.52%
ROST	C	-0.47%
KVUE	A	-0.46%
COR	B	-0.46%
VRSK	A	-0.45%
MLM	B	-0.44%
VLO	C	-0.44%
LEN	D	-0.42%
ACGL	D	-0.41%
ROK	B	-0.4%
IDXX	F	-0.4%
GEHC	F	-0.4%
MNST	C	-0.4%
LULU	C	-0.38%
SYY	B	-0.37%
A	D	-0.37%
EA	A	-0.37%
CTSH	B	-0.37%
VMC	B	-0.37%
CNC	D	-0.36%
EBAY	D	-0.34%
DD	D	-0.32%
NVR	D	-0.3%
DECK	A	-0.29%
BR	A	-0.27%
BALL	D	-0.27%
KEYS	A	-0.26%
ADM	D	-0.26%
K	A	-0.26%
HSY	F	-0.26%
VLTO	D	-0.26%
TROW	B	-0.26%
CDW	F	-0.25%
CLX	B	-0.24%
BLDR	D	-0.24%
CINF	A	-0.23%
LH	C	-0.23%
EXPD	D	-0.21%
ULTA	F	-0.21%
LYB	F	-0.21%
OMC	C	-0.2%
STE	F	-0.2%
BAX	D	-0.19%
POOL	C	-0.19%
JBL	B	-0.19%
HOLX	D	-0.17%
EG	C	-0.16%
FFIV	B	-0.15%
CHRW	C	-0.14%
SWKS	F	-0.14%
JKHY	D	-0.13%
AOS	F	-0.11%
APA	D	-0.1%
MKTX	D	-0.1%
BWA	D	-0.1%
PAYC	B	-0.1%
RL	B	-0.09%
SOLV	C	-0.09%