ADME vs. INCM ETF Comparison

Comparison of Aptus Drawdown Managed Equity ETF (ADME) to Franklin Income Focus ETF (INCM)

ADME

Aptus Drawdown Managed Equity ETF

ADME Description

The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.

Grade (RS Rating)

Last Trade

$47.47

Average Daily Volume

34,161

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	ADME	INCM
30 Days	2.15%	0.27%
60 Days	3.21%	0.52%
90 Days	4.52%	1.34%
12 Months	28.04%	13.81%

18 Overlapping Holdings

Symbol	Grade	Weight in ADME	Weight in INCM	Overlap
ABBV	D	0.65%	0.74%	0.65%
ADI	D	0.86%	0.98%	0.86%
BAC	A	1.02%	1.17%	1.02%
C	A	0.62%	0.01%	0.01%
CMCSA	B	0.38%	0.0%	0.0%
DUK	C	0.64%	1.13%	0.64%
HON	B	0.91%	0.86%	0.86%
JNJ	D	1.02%	1.22%	1.02%
JPM	A	2.0%	1.54%	1.54%
KO	D	1.13%	0.75%	0.75%
LMT	D	1.61%	0.9%	0.9%
MS	A	1.15%	0.4%	0.4%
MSFT	F	6.09%	0.15%	0.15%
NEE	D	0.69%	0.51%	0.51%
NEE	D	0.69%	0.47%	0.47%
PG	A	1.11%	1.04%	1.04%
SO	D	1.0%	0.81%	0.81%
XOM	B	1.84%	1.51%	1.51%

ADME Overweight 59 Positions Relative to INCM

Symbol	Grade	Weight
NVDA	C	7.17%
AAPL	C	6.89%
AMZN	C	3.67%
GOOG	C	3.58%
META	D	2.44%
NOW	A	2.11%
AVGO	D	1.93%
TSLA	B	1.89%
SYK	C	1.82%
V	A	1.79%
CAT	B	1.74%
BRK.A	B	1.72%
PGR	A	1.68%
AMAT	F	1.34%
NFLX	A	1.33%
LIN	D	1.31%
UNH	C	1.25%
TMUS	B	1.23%
BLK	C	1.23%
LOW	D	1.2%
WMT	A	1.2%
LLY	F	1.19%
ACN	C	1.13%
MAR	B	1.11%
FI	A	1.09%
COST	B	1.05%
INTU	C	1.05%
ISRG	A	1.05%
TMO	F	1.04%
CSX	B	1.01%
CTAS	B	0.97%
MCD	D	0.96%
MSI	B	0.9%
MMC	B	0.89%
TJX	A	0.87%
AMT	D	0.82%
PHM	D	0.8%
ABT	B	0.8%
FANG	D	0.74%
ICE	C	0.71%
BMY	B	0.71%
DLR	B	0.71%
MKC	D	0.68%
DE	A	0.64%
ETN	A	0.63%
MO	A	0.6%
TYL	B	0.59%
PSA	D	0.48%
EOG	A	0.48%
ADBE	C	0.47%
AMD	F	0.45%
VRTX	F	0.45%
HCA	F	0.45%
SHW	A	0.44%
BR	A	0.42%
AMGN	D	0.36%
FCX	D	0.35%
ADP	B	0.32%
SLB	C	0.25%

ADME Underweight 24 Positions Relative to INCM

Symbol	Grade	Weight
CVX	A	-1.71%
PM	B	-0.92%
APD	A	-0.81%
HD	A	-0.81%
USB	A	-0.81%
JCI	C	-0.78%
BHP	F	-0.76%
PEP	F	-0.75%
VZ	C	-0.74%
PFE	D	-0.69%
TTE	F	-0.66%
TFC	A	-0.66%
ALB	C	-0.63%
RTX	C	-0.59%
ITW	B	-0.56%
CSCO	B	-0.54%
SBUX	A	-0.49%
MCHP	D	-0.45%
COP	C	-0.41%
BA	F	-0.39%
SRE	A	-0.3%
XEL	A	-0.3%
EIX	B	-0.28%
MRK	F	-0.01%