USMF vs. FLSP ETF Comparison

Comparison of WisdomTree U.S. Multifactor Fund (USMF) to Franklin Liberty Systematic Style Premia ETF (FLSP)

USMF

WisdomTree U.S. Multifactor Fund

USMF Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.37

Average Daily Volume

25,306

Number of Holdings ^*

199

* may have additional holdings in another (foreign) market

FLSP

Franklin Liberty Systematic Style Premia ETF

FLSP Description

The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying alternative investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.

Grade (RS Rating)

Last Trade

$24.11

Average Daily Volume

11,449

Number of Holdings ^*

183

* may have additional holdings in another (foreign) market

Performance

Period	USMF	FLSP
30 Days	6.39%	0.69%
60 Days	7.88%	0.06%
90 Days	8.72%	0.73%
12 Months	32.34%	6.54%

73 Overlapping Holdings

Symbol	Grade	Weight in USMF	Weight in FLSP	Overlap
ABBV	D	0.37%	0.59%	0.37%
ACI	C	0.36%	0.06%	0.06%
AFL	B	0.35%	0.33%	0.33%
AIG	B	0.34%	0.21%	0.21%
AIZ	A	0.36%	0.06%	0.06%
AMP	A	0.43%	0.22%	0.22%
APP	B	1.61%	0.31%	0.31%
BMY	B	0.36%	0.59%	0.36%
BR	A	0.39%	0.12%	0.12%
CAH	B	0.44%	0.12%	0.12%
CBOE	B	0.33%	0.12%	0.12%
CI	F	0.28%	0.22%	0.22%
CL	D	0.29%	0.36%	0.29%
CMCSA	B	0.93%	0.42%	0.42%
CNC	D	0.25%	0.13%	0.13%
COR	B	0.49%	0.04%	0.04%
CRM	B	0.99%	0.7%	0.7%
CTSH	B	1.38%	0.21%	0.21%
DOCU	A	1.02%	0.1%	0.1%
DT	C	0.92%	0.08%	0.08%
DVN	F	0.31%	0.13%	0.13%
EA	A	1.11%	0.23%	0.23%
EBAY	D	0.68%	0.18%	0.18%
EOG	A	0.42%	0.44%	0.42%
EXPE	B	0.53%	0.14%	0.14%
FDX	B	0.26%	0.27%	0.26%
FFIV	B	1.31%	0.08%	0.08%
FICO	B	1.08%	0.34%	0.34%
FOXA	B	1.09%	0.07%	0.07%
FTNT	C	0.88%	0.32%	0.32%
GDDY	A	1.49%	0.15%	0.15%
GEN	B	1.03%	0.1%	0.1%
GILD	C	0.43%	0.61%	0.43%
GLPI	C	0.32%	0.07%	0.07%
GM	B	0.63%	0.36%	0.36%
HCA	F	0.31%	0.36%	0.31%
HIG	B	0.39%	0.19%	0.19%
HII	D	0.23%	0.04%	0.04%
HOLX	D	0.42%	0.11%	0.11%
HPQ	B	0.93%	0.2%	0.2%
KMB	D	0.31%	0.23%	0.23%
KR	B	0.34%	0.24%	0.24%
L	A	0.39%	0.09%	0.09%
LDOS	C	0.52%	0.13%	0.13%
LVS	C	0.7%	0.11%	0.11%
MAS	D	0.28%	0.1%	0.1%
MMM	D	0.21%	0.41%	0.21%
MPC	D	0.29%	0.27%	0.27%
MRO	B	0.35%	0.1%	0.1%
MSI	B	1.52%	0.48%	0.48%
NBIX	C	0.25%	0.08%	0.08%
NTAP	C	0.79%	0.16%	0.16%
NTRS	A	0.33%	0.12%	0.12%
PAYC	B	0.23%	0.07%	0.07%
PCAR	B	0.37%	0.14%	0.14%
PG	A	0.32%	0.13%	0.13%
PYPL	B	0.23%	0.45%	0.23%
REGN	F	0.28%	0.33%	0.28%
SSNC	B	0.36%	0.09%	0.09%
SYY	B	0.31%	0.15%	0.15%
T	A	1.05%	0.63%	0.63%
TAP	C	0.32%	0.07%	0.07%
TJX	A	0.85%	0.75%	0.75%
TMO	F	0.31%	0.34%	0.31%
TYL	B	1.12%	0.13%	0.13%
UHS	D	0.31%	0.07%	0.07%
UTHR	C	0.41%	0.1%	0.1%
VICI	C	0.31%	0.19%	0.19%
VLO	C	0.32%	0.25%	0.25%
VRSN	F	1.43%	0.1%	0.1%
VTRS	A	0.32%	0.09%	0.09%
WMT	A	0.35%	0.75%	0.35%
ZM	B	1.07%	0.1%	0.1%

USMF Overweight 126 Positions Relative to FLSP

Symbol	Grade	Weight
ROP	B	1.35%
TDY	B	1.34%
IBM	C	1.32%
TMUS	B	1.29%
SNX	C	1.17%
DBX	B	1.02%
CVLT	B	1.01%
JNPR	F	1.0%
AKAM	D	0.96%
NYT	C	0.88%
VZ	C	0.87%
DIS	B	0.82%
ORLY	B	0.82%
TXRH	C	0.81%
WDAY	B	0.81%
DRI	B	0.79%
EPAM	C	0.76%
IPG	D	0.75%
MUSA	A	0.74%
AZO	C	0.73%
ARMK	B	0.69%
INFA	D	0.66%
NTNX	A	0.64%
HRB	D	0.6%
CRUS	D	0.5%
FSLR	F	0.48%
MCK	B	0.46%
ECL	D	0.45%
EHC	B	0.44%
EXEL	B	0.43%
CACI	D	0.43%
XOM	B	0.43%
WM	A	0.42%
BSX	B	0.42%
FI	A	0.42%
JNJ	D	0.42%
ADP	B	0.41%
DGX	A	0.41%
ETR	B	0.4%
INGR	B	0.4%
RSG	A	0.4%
ABT	B	0.4%
IBKR	A	0.4%
RJF	A	0.4%
COP	C	0.4%
LMT	D	0.4%
ADTN	A	0.4%
JPM	A	0.39%
DOV	A	0.39%
ANF	C	0.39%
WFC	A	0.39%
GPK	C	0.38%
LH	C	0.38%
VRSK	A	0.38%
UNM	A	0.38%
ZBH	C	0.38%
CME	A	0.37%
BRK.A	B	0.37%
PPC	C	0.37%
ALSN	B	0.37%
CCK	C	0.37%
CHE	D	0.37%
TRV	B	0.37%
ALL	A	0.36%
BRO	B	0.36%
LHX	C	0.36%
CINF	A	0.36%
RLI	B	0.36%
PRI	A	0.35%
ORI	A	0.35%
CNA	B	0.35%
PGR	A	0.35%
GAP	C	0.35%
VOYA	B	0.35%
J	F	0.34%
RGA	A	0.34%
MO	A	0.34%
AXP	A	0.34%
OGE	B	0.34%
BERY	B	0.34%
EME	C	0.34%
MSA	D	0.34%
MRK	F	0.34%
MLI	C	0.34%
WRB	A	0.33%
MKL	A	0.33%
HAL	C	0.33%
SYF	B	0.32%
MTB	A	0.32%
EWBC	A	0.32%
ELS	C	0.32%
PCG	A	0.31%
DE	A	0.31%
NNN	D	0.31%
BAH	F	0.31%
CBSH	A	0.31%
ELV	F	0.3%
SAIC	F	0.3%
FRT	B	0.3%
POST	C	0.3%
REYN	D	0.3%
PNW	B	0.3%
DUK	C	0.3%
LPX	B	0.29%
RYAN	B	0.29%
SFM	A	0.29%
MTG	C	0.29%
CRS	A	0.29%
THC	D	0.28%
FCNCA	A	0.28%
EIX	B	0.28%
AEP	D	0.27%
GIS	D	0.27%
WPC	D	0.27%
DVA	B	0.27%
CAG	D	0.26%
KHC	F	0.26%
DINO	D	0.25%
FCN	D	0.24%
HALO	F	0.23%
AMT	D	0.22%
APA	D	0.22%
BMRN	D	0.2%
FMC	D	0.18%
GL	B	0.14%
LNTH	D	0.13%

USMF Underweight 110 Positions Relative to FLSP

Symbol	Grade	Weight
ADBE	C	-0.91%
BKNG	A	-0.87%
QCOM	F	-0.83%
MA	C	-0.77%
NOW	A	-0.75%
INTU	C	-0.68%
AMAT	F	-0.66%
NVDA	C	-0.62%
MDT	D	-0.6%
MSFT	F	-0.57%
UBER	D	-0.49%
VRTX	F	-0.49%
NVS	D	-0.48%
META	D	-0.45%
NFLX	A	-0.45%
ADSK	A	-0.36%
SPG	B	-0.35%
CTAS	B	-0.35%
RTX	C	-0.34%
CDNS	B	-0.32%
CSX	B	-0.31%
BK	A	-0.31%
VST	B	-0.29%
LNG	B	-0.29%
HD	A	-0.28%
FIS	C	-0.26%
CMI	A	-0.25%
PH	A	-0.23%
A	D	-0.23%
PSX	C	-0.23%
BCS	C	-0.23%
CPRT	A	-0.22%
RCL	A	-0.21%
MET	A	-0.21%
SNPS	B	-0.2%
TGT	F	-0.19%
SE	B	-0.18%
APH	A	-0.18%
IQV	D	-0.17%
STT	A	-0.17%
LULU	C	-0.16%
ADM	D	-0.16%
TROW	B	-0.16%
DECK	A	-0.16%
IR	B	-0.16%
MELI	D	-0.16%
MS	A	-0.15%
MTD	D	-0.15%
ANSS	B	-0.14%
WAT	B	-0.14%
IDXX	F	-0.14%
NUE	C	-0.14%
AWK	D	-0.13%
AVB	B	-0.13%
LIN	D	-0.13%
K	A	-0.12%
VTR	C	-0.12%
NRG	B	-0.12%
CPAY	A	-0.12%
LYV	A	-0.12%
VEEV	C	-0.12%
BBY	D	-0.11%
CSL	C	-0.11%
STX	D	-0.11%
PKG	A	-0.11%
LII	A	-0.11%
STLD	B	-0.11%
GOOG	C	-0.11%
WSM	B	-0.11%
LYB	F	-0.11%
PHM	D	-0.11%
EL	F	-0.1%
JBL	B	-0.1%
MOH	F	-0.1%
RS	B	-0.1%
CF	B	-0.1%
BLDR	D	-0.1%
PTC	A	-0.1%
SNA	A	-0.1%
FE	C	-0.1%
UDR	B	-0.09%
TWLO	A	-0.09%
ROL	B	-0.09%
EQH	B	-0.09%
TXT	D	-0.09%
OC	A	-0.09%
EXPD	D	-0.09%
MANH	D	-0.09%
AVTR	F	-0.08%
OVV	B	-0.08%
CHRW	C	-0.08%
REG	B	-0.08%
SWKS	F	-0.08%
DPZ	C	-0.08%
DKS	C	-0.07%
INCY	C	-0.07%
BG	F	-0.07%
MKTX	D	-0.06%
MTCH	D	-0.06%
CHKP	D	-0.06%
TER	D	-0.06%
SEIC	B	-0.06%
RPRX	D	-0.06%
RPM	A	-0.05%
AER	B	-0.05%
WYNN	D	-0.05%
MGM	D	-0.05%
MOS	F	-0.05%
CRBG	B	-0.05%
ON	D	-0.04%