BEEZ vs. FFOG ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to Franklin Focused Growth ETF (FFOG)

BEEZ

Honeytree U.S. Equity ETF

BEEZ Description

The fund is an actively managed exchange-traded fund ("ETF") sub-advised by Honeytree Investment Management Ltd. (the "Sub-Adviser"). The fund does not seek to replicate the performance of a specified index. The fund seeks to achieve its investment objective by investing at least 80% of the fund"s net assets, plus borrowings for investment purposes in a concentrated portfolio of large-cap and mid-cap U.S. listed equity stocks.

Grade (RS Rating)

Last Trade

$32.36

Average Daily Volume

608

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFOG

Franklin Focused Growth ETF

FFOG Description

The fund invests predominantly in equity securities of companies that the investment manager believes offer compelling growth opportunities. In selecting securities, the investment manager considers many factors, including historical and potential growth in revenues and earnings, assessment of strength and quality of management, and determination of a company"s strategic positioning in its industry. The equity securities in which it invests are predominantly common stock. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.97

Average Daily Volume

15,004

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	FFOG
30 Days	-1.14%	0.18%
60 Days	3.71%	7.50%
90 Days	6.25%	11.63%
12 Months

5 Overlapping Holdings

Symbol	Grade	Weight in BEEZ	Weight in FFOG	Overlap
COST	D	3.96%	4.83%	3.96%
INTU	D	3.67%	1.46%	1.46%
MA	B	4.11%	4.08%	4.08%
NOW	A	4.43%	4.57%	4.43%
TMO	F	3.37%	0.86%	0.86%

BEEZ Overweight 20 Positions Relative to FFOG

Symbol	Grade	Weight
OLED	F	4.69%
FAST	A	4.3%
ATR	A	4.28%
ACN	C	4.22%
EQIX	B	4.2%
HD	B	4.19%
APD	B	4.11%
CMI	B	4.09%
MAS	D	4.09%
EW	D	4.04%
TXN	B	4.03%
V	A	3.99%
ITW	A	3.93%
WTS	F	3.9%
SHW	B	3.85%
TSCO	D	3.8%
LRCX	F	3.61%
ZTS	F	3.55%
A	B	3.54%
AMT	D	3.4%

BEEZ Underweight 23 Positions Relative to FFOG

Symbol	Grade	Weight
NVDA	B	-15.52%
MSFT	D	-11.11%
AMZN	A	-8.85%
META	B	-7.38%
GOOGL	A	-4.75%
CDNS	A	-3.48%
LLY	F	-3.09%
AVGO	C	-2.89%
ISRG	B	-2.88%
TSLA	B	-2.86%
ASML	F	-2.76%
TSM	B	-2.13%
ADI	C	-2.08%
AXON	B	-1.78%
DHR	F	-1.74%
SHOP	B	-1.57%
UBER	C	-1.54%
TW	B	-1.43%
MELI	B	-1.32%
AMD	F	-1.27%
IDXX	F	-1.05%
NFLX	A	-1.0%
HUBS	B	-0.76%