FLCO vs. AFLG ETF Comparison

Comparison of Franklin Liberty Investment Grade Corporate ETF (FLCO) to Active Factor Large Cap ETF (AFLG)

FLCO

Franklin Liberty Investment Grade Corporate ETF

FLCO Description

The fund seeks to provide a high level of current income as is consistent with prudent investing, while seeking preservation of capital, by investing at least 80% of its net assets in investment grade corporate debt securities and investments. The Fund may invest up to 40% of its net assets in foreign securities, including those in developing markets, and up to 15% of its net assets in non-U.S. dollar denominated securities.

Grade (RS Rating)

Last Trade

$22.14

Average Daily Volume

213,934

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.99

Average Daily Volume

8,147

Number of Holdings ^*

247

* may have additional holdings in another (foreign) market

Performance

Period	FLCO	AFLG
30 Days	1.59%	3.06%
60 Days	4.38%	6.10%
90 Days	6.01%	7.55%
12 Months	13.74%	38.52%

23 Overlapping Holdings

Symbol	Grade	Weight in FLCO	Weight in AFLG	Overlap
AAPL	C	0.85%	7.26%	0.85%
ABBV	B	0.92%	0.97%	0.92%
ACGL	B	0.61%	0.21%	0.21%
AFL	A	0.79%	0.78%	0.78%
ALL	C	0.38%	0.08%	0.08%
AMZN	C	0.6%	1.74%	0.6%
AZO	B	0.37%	0.19%	0.19%
CF	B	0.6%	0.41%	0.41%
CI	C	0.96%	0.16%	0.16%
CMCSA	C	0.82%	0.55%	0.55%
CVX	F	0.44%	0.41%	0.41%
DHI	C	0.33%	0.38%	0.33%
DVN	F	0.31%	0.3%	0.3%
FDX	D	0.86%	0.23%	0.23%
JBL	C	0.58%	0.19%	0.19%
KR	B	0.6%	0.47%	0.47%
LMT	A	0.48%	0.38%	0.38%
MET	B	0.61%	0.04%	0.04%
MSFT	C	0.35%	4.95%	0.35%
PSX	F	0.35%	0.09%	0.09%
UNH	C	0.72%	0.27%	0.27%
VZ	A	1.64%	0.54%	0.54%
XOM	D	0.55%	0.72%	0.55%

FLCO Overweight 30 Positions Relative to AFLG

Symbol	Grade	Weight
BAC	D	2.39%
CAF	B	1.87%
LVS	C	1.81%
BA	F	1.38%
BABA	B	1.24%
GJS	B	1.13%
EXC	B	1.11%
TAK	C	1.02%
PNC	C	0.93%
NOW	C	0.92%
CARR	B	0.9%
HCA	B	0.88%
MHK	B	0.8%
TFC	D	0.77%
C	C	0.75%
ET	C	0.73%
AL	C	0.68%
NOC	B	0.66%
GPJA	B	0.63%
JWN	C	0.57%
FLEX	B	0.56%
NWG	B	0.54%
DUK	B	0.51%
HII	F	0.49%
AON	B	0.49%
DLTR	F	0.46%
GPJA	B	0.4%
RPRX	C	0.4%
WMB	C	0.3%
STZ	C	0.29%

FLCO Underweight 224 Positions Relative to AFLG

Symbol	Grade	Weight
NVDA	C	-4.8%
GOOGL	D	-1.95%
BRK.A	C	-1.58%
META	B	-1.56%
AVGO	C	-1.44%
HIG	B	-1.13%
UHS	C	-1.12%
VST	B	-1.12%
QCOM	D	-1.01%
MO	C	-0.94%
COST	C	-0.92%
ELV	D	-0.91%
PG	C	-0.89%
NRG	B	-0.81%
RL	B	-0.8%
JNJ	C	-0.77%
PGR	C	-0.75%
MRK	F	-0.75%
FICO	B	-0.72%
CEG	C	-0.7%
CTAS	C	-0.69%
BK	B	-0.69%
NTAP	D	-0.66%
CL	C	-0.66%
BSX	B	-0.65%
RS	D	-0.63%
MMM	B	-0.62%
NFLX	B	-0.6%
CAT	B	-0.6%
EME	B	-0.59%
WMT	B	-0.58%
PHM	B	-0.58%
PEG	B	-0.57%
FFIV	B	-0.57%
ECL	B	-0.57%
BBY	A	-0.56%
APH	C	-0.56%
MAS	B	-0.56%
FE	B	-0.56%
GILD	B	-0.55%
SPG	B	-0.55%
ETN	C	-0.53%
APP	C	-0.53%
SNA	B	-0.53%
FOXA	B	-0.53%
BMY	C	-0.52%
CRM	C	-0.52%
LLY	D	-0.52%
HPQ	C	-0.51%
MAA	C	-0.49%
AOS	B	-0.49%
CMI	B	-0.48%
TT	B	-0.48%
GDDY	C	-0.47%
IBM	B	-0.47%
VICI	C	-0.46%
CTSH	B	-0.46%
AMAT	D	-0.43%
GLPI	C	-0.43%
CNA	D	-0.43%
TPR	A	-0.42%
STLD	C	-0.42%
ICE	C	-0.42%
NVR	B	-0.42%
MCK	F	-0.42%
CSCO	B	-0.42%
HST	D	-0.41%
CSL	B	-0.41%
TJX	C	-0.39%
KO	B	-0.39%
NUE	D	-0.39%
HSIC	C	-0.39%
AXP	B	-0.39%
HWM	B	-0.39%
CBOE	C	-0.38%
LEN	B	-0.37%
WAB	B	-0.37%
BLDR	C	-0.37%
OGN	D	-0.37%
GRMN	D	-0.36%
PCAR	D	-0.36%
WSM	C	-0.36%
FIS	C	-0.36%
MSI	B	-0.36%
RHI	D	-0.35%
ADBE	F	-0.34%
WU	C	-0.34%
PM	C	-0.34%
OC	C	-0.34%
HLT	B	-0.34%
CMG	D	-0.33%
LOW	B	-0.33%
PKG	B	-0.33%
ERIE	B	-0.32%
TMUS	B	-0.31%
VLO	F	-0.31%
MTCH	C	-0.31%
IP	C	-0.3%
IBKR	B	-0.3%
WELL	C	-0.3%
BRO	C	-0.29%
AIG	D	-0.28%
EVRG	B	-0.28%
EA	D	-0.28%
TRGP	C	-0.27%
V	C	-0.27%
MANH	B	-0.27%
ED	B	-0.27%
SOLV	D	-0.26%
LII	C	-0.26%
RF	B	-0.26%
DECK	C	-0.26%
CNC	D	-0.25%
BKNG	B	-0.25%
SWKS	F	-0.25%
EIX	B	-0.24%
ALNY	C	-0.24%
CFG	D	-0.24%
WPC	C	-0.24%
CME	B	-0.23%
SYF	C	-0.23%
ACN	C	-0.23%
VRSN	C	-0.22%
PH	B	-0.22%
VSCO	C	-0.21%
MA	B	-0.21%
INCY	C	-0.21%
ZM	C	-0.21%
VTR	C	-0.21%
PPG	C	-0.21%
KEYS	B	-0.21%
BAH	B	-0.2%
SHW	B	-0.2%
MRO	D	-0.2%
HUM	F	-0.19%
TROW	C	-0.19%
CVS	D	-0.19%
L	D	-0.18%
T	B	-0.18%
LKQ	F	-0.18%
NWSA	D	-0.18%
EXPE	C	-0.18%
GE	C	-0.17%
ULTA	D	-0.17%
GL	D	-0.17%
GWW	B	-0.17%
BEN	F	-0.17%
TOL	A	-0.16%
CPT	C	-0.16%
EG	B	-0.16%
SYK	C	-0.15%
AIZ	B	-0.15%
SO	B	-0.14%
SCCO	C	-0.14%
BBWI	D	-0.14%
AMP	B	-0.14%
KLAC	D	-0.14%
ANET	C	-0.13%
MPC	F	-0.13%
LDOS	A	-0.13%
DELL	C	-0.13%
IT	C	-0.13%
KHC	C	-0.12%
VRT	C	-0.12%
EBAY	B	-0.11%
RPM	B	-0.11%
SSNC	C	-0.1%
J	A	-0.1%
MOH	D	-0.1%
ETSY	D	-0.1%
EQR	C	-0.1%
RMD	C	-0.1%
CAH	C	-0.1%
SPGI	C	-0.09%
QRVO	F	-0.09%
TEL	D	-0.09%
VTRS	D	-0.09%
CRBG	C	-0.09%
PRU	C	-0.09%
LYB	D	-0.08%
IPG	C	-0.08%
TXT	D	-0.08%
DXC	D	-0.08%
ADM	D	-0.07%
COP	F	-0.07%
BG	F	-0.07%
NXPI	D	-0.06%
IR	B	-0.06%
ORLY	B	-0.06%
ROL	C	-0.06%
WSO	C	-0.06%
KMB	C	-0.06%
DINO	F	-0.06%
DKS	D	-0.05%
EPAM	F	-0.05%
ROST	C	-0.05%
PPL	A	-0.05%
SNPS	F	-0.05%
UTHR	B	-0.05%
WTW	B	-0.05%
ESS	C	-0.05%
DPZ	D	-0.05%
AVB	C	-0.05%
MCO	C	-0.05%
STT	B	-0.05%
TPL	C	-0.05%
UDR	C	-0.05%
ZION	D	-0.05%
CDNS	D	-0.05%
CVNA	B	-0.05%
DASH	B	-0.05%
PSA	C	-0.05%
WBA	F	-0.04%
BWA	C	-0.04%
CDW	D	-0.04%
PFG	B	-0.04%
PINS	D	-0.04%
HOLX	D	-0.04%
AMCR	B	-0.04%
IVZ	B	-0.04%
MOS	F	-0.03%
TDG	B	-0.01%
ALLE	B	-0.01%
EQH	C	-0.0%