FLCO vs. LGLV ETF Comparison

Comparison of Franklin Liberty Investment Grade Corporate ETF (FLCO) to SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV)

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

LGLV

SPDR SSGA US Large Cap Low Volatility Index ETF

LGLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA US Large Cap Low Volatility Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the stocks of U.S. large capitalization companies that exhibit low volatility. Volatility is a statistical measurement of the magnitude of movements in a stock's price over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$168.81

Average Daily Volume

30,974

Number of Holdings ^*

159

* may have additional holdings in another (foreign) market

Performance

Period	FLCO	LGLV
30 Days	1.59%	2.24%
60 Days	4.38%	6.40%
90 Days	6.01%	11.13%
12 Months	13.74%	28.47%

14 Overlapping Holdings

Symbol	Grade	Weight in FLCO	Weight in LGLV	Overlap
AFL	A	0.79%	0.71%	0.71%
ALL	C	0.38%	0.8%	0.38%
AON	B	0.49%	0.66%	0.49%
AZO	B	0.37%	0.49%	0.37%
CMCSA	C	0.82%	0.43%	0.43%
CVX	F	0.44%	0.31%	0.31%
DUK	B	0.51%	1.13%	0.51%
LMT	A	0.48%	0.83%	0.48%
MSFT	C	0.35%	0.71%	0.35%
NOC	B	0.66%	0.74%	0.66%
UNH	C	0.72%	0.77%	0.72%
VZ	A	1.64%	0.95%	0.95%
WMB	C	0.3%	0.46%	0.3%
XOM	D	0.55%	0.32%	0.32%

FLCO Overweight 39 Positions Relative to LGLV

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%
CI	C	0.96%
PNC	C	0.93%
ABBV	B	0.92%
NOW	C	0.92%
CARR	B	0.9%
HCA	B	0.88%
FDX	D	0.86%
AAPL	C	0.85%
MHK	B	0.8%
TFC	D	0.77%
C	C	0.75%
ET	C	0.73%
AL	C	0.68%
GPJA	B	0.63%
MET	B	0.61%
ACGL	B	0.61%
CF	B	0.6%
KR	B	0.6%
AMZN	C	0.6%
JBL	C	0.58%
JWN	C	0.57%
FLEX	B	0.56%
NWG	B	0.54%
HII	F	0.49%
DLTR	F	0.46%
GPJA	B	0.4%
RPRX	C	0.4%
PSX	F	0.35%
DHI	C	0.33%
DVN	F	0.31%
STZ	C	0.29%

FLCO Underweight 145 Positions Relative to LGLV

Symbol	Grade	Weight
CL	C	-1.4%
PEP	D	-1.33%
GIS	B	-1.27%
WMT	B	-1.23%
LIN	B	-1.21%
XEL	B	-1.14%
PSA	C	-1.11%
AVB	C	-1.1%
PEG	B	-1.08%
JNJ	C	-1.08%
EQR	C	-1.08%
APD	B	-1.07%
PG	C	-1.05%
SO	B	-1.05%
RSG	D	-1.02%
ED	B	-1.0%
PGR	C	-1.0%
WEC	B	-0.97%
BRK.A	C	-0.96%
VMC	C	-0.93%
DTE	A	-0.93%
AMT	C	-0.92%
MMC	C	-0.91%
EQIX	B	-0.89%
K	A	-0.85%
MCD	B	-0.85%
NDAQ	C	-0.83%
WM	D	-0.82%
AJG	D	-0.82%
INVH	D	-0.81%
AEE	B	-0.81%
CME	B	-0.8%
TRV	C	-0.8%
BRO	C	-0.79%
MMM	B	-0.77%
GD	C	-0.76%
BDX	D	-0.76%
CMS	B	-0.75%
CB	B	-0.75%
MSI	B	-0.74%
MKL	C	-0.73%
BAH	B	-0.73%
MAA	C	-0.72%
ICE	C	-0.71%
ADP	C	-0.7%
COST	C	-0.7%
PKG	B	-0.69%
CHKP	B	-0.68%
BMY	C	-0.68%
T	B	-0.68%
J	A	-0.68%
WTW	B	-0.67%
FDS	C	-0.66%
MCK	F	-0.66%
OTIS	B	-0.66%
KMI	C	-0.65%
SUI	C	-0.65%
TJX	C	-0.65%
WRB	D	-0.64%
ORCL	B	-0.64%
PAYX	C	-0.64%
IBM	B	-0.64%
MDT	B	-0.64%
MRK	F	-0.64%
ABT	C	-0.64%
TYL	C	-0.63%
AVY	C	-0.63%
V	C	-0.61%
EA	D	-0.61%
GRMN	D	-0.6%
AMCR	B	-0.59%
TXN	B	-0.59%
ROP	C	-0.59%
ETN	C	-0.59%
IEX	C	-0.58%
UDR	C	-0.56%
VRSK	D	-0.56%
HON	C	-0.55%
NI	B	-0.55%
GGG	C	-0.53%
FOXA	B	-0.53%
L	D	-0.53%
UNP	D	-0.52%
BR	C	-0.52%
FAST	C	-0.52%
TSCO	B	-0.52%
ITW	B	-0.51%
VRSN	C	-0.51%
HD	B	-0.51%
CASY	D	-0.5%
AME	C	-0.5%
CNA	D	-0.5%
ORLY	B	-0.5%
GOOGL	D	-0.5%
PCAR	D	-0.5%
ELS	D	-0.5%
RYAN	C	-0.49%
CPT	C	-0.49%
NDSN	C	-0.49%
AMH	D	-0.49%
CSCO	B	-0.48%
ROL	C	-0.48%
JKHY	B	-0.47%
NVR	B	-0.47%
CHRW	B	-0.44%
SBUX	C	-0.44%
AKAM	D	-0.42%
ACN	C	-0.42%
FTV	C	-0.42%
YUM	B	-0.41%
SCI	C	-0.41%
CACI	B	-0.4%
HLI	C	-0.4%
CSGP	D	-0.39%
LOW	B	-0.39%
ATR	B	-0.38%
AIZ	B	-0.37%
LNG	D	-0.37%
DOX	C	-0.37%
GL	D	-0.36%
ORI	B	-0.34%
GPK	C	-0.34%
TTC	F	-0.33%
EGP	C	-0.33%
CHE	C	-0.32%
DCI	C	-0.32%
CHK	C	-0.31%
CBSH	D	-0.29%
ADC	C	-0.28%
FR	C	-0.28%
DTM	C	-0.27%
SEIC	B	-0.27%
MSA	D	-0.25%
DLB	D	-0.25%
GNTX	D	-0.25%
SAIC	C	-0.25%
LSTR	D	-0.24%
RLI	B	-0.23%
DG	F	-0.23%
CWST	D	-0.21%
SON	D	-0.2%
SIGI	D	-0.2%
MMS	B	-0.2%
NEU	D	-0.14%
SOLV	D	-0.1%