FLCO vs. RNDV ETF Comparison

Comparison of Franklin Liberty Investment Grade Corporate ETF (FLCO) to First Trust US Equity Dividend Select ETF (RNDV)

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

RNDV

First Trust US Equity Dividend Select ETF

RNDV Description

The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$34.27

Average Daily Volume

2,452

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLCO	RNDV
30 Days	1.59%	3.08%
60 Days	4.38%	4.85%
90 Days	6.01%	9.08%
12 Months	13.74%	26.35%

12 Overlapping Holdings

Symbol	Grade	Weight in FLCO	Weight in RNDV	Overlap
ABBV	B	0.92%	1.24%	0.92%
AFL	A	0.79%	0.72%	0.72%
CF	B	0.6%	0.36%	0.36%
CI	C	0.96%	0.54%	0.54%
CMCSA	C	0.82%	1.72%	0.82%
CVX	F	0.44%	0.71%	0.44%
LMT	A	0.48%	0.59%	0.48%
MET	B	0.61%	0.93%	0.61%
MSFT	C	0.35%	0.8%	0.35%
UNH	C	0.72%	0.53%	0.53%
VZ	A	1.64%	3.66%	1.64%
XOM	D	0.55%	0.6%	0.55%

FLCO Overweight 41 Positions Relative to RNDV

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%
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%
NOC	B	0.66%
GPJA	B	0.63%
ACGL	B	0.61%
KR	B	0.6%
AMZN	C	0.6%
JBL	C	0.58%
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%
ALL	C	0.38%
AZO	B	0.37%
PSX	F	0.35%
DHI	C	0.33%
DVN	F	0.31%
WMB	C	0.3%
STZ	C	0.29%

FLCO Underweight 84 Positions Relative to RNDV

Symbol	Grade	Weight
IBM	B	-4.52%
GLW	B	-3.66%
HPQ	C	-3.63%
TXN	B	-3.46%
HPE	C	-3.05%
IPG	C	-2.43%
ACN	C	-2.22%
MCHP	D	-2.22%
HAS	B	-2.06%
BMY	C	-2.04%
ADI	C	-2.01%
TEL	D	-1.99%
QCOM	D	-1.97%
BBY	A	-1.8%
OMC	B	-1.78%
CVS	D	-1.43%
BEN	F	-1.37%
MDT	B	-1.25%
PRU	C	-1.19%
TROW	C	-1.13%
MCD	B	-1.11%
JNJ	C	-1.1%
GPC	D	-1.07%
HD	B	-1.05%
NTRS	C	-1.02%
PFG	B	-1.02%
MTB	C	-1.0%
SWK	B	-0.99%
OKE	C	-0.98%
UPS	D	-0.96%
KVUE	B	-0.92%
PM	C	-0.91%
K	A	-0.9%
KLAC	D	-0.89%
NKE	D	-0.88%
CAG	B	-0.88%
LOW	B	-0.85%
CINF	C	-0.84%
APH	C	-0.82%
BLK	B	-0.81%
DGX	B	-0.74%
CAH	C	-0.73%
CME	B	-0.71%
PAYX	C	-0.7%
ABT	C	-0.7%
GIS	B	-0.7%
MRK	F	-0.7%
GRMN	D	-0.66%
AMCR	B	-0.65%
TRV	C	-0.64%
CHRW	B	-0.64%
POOL	C	-0.63%
HRL	F	-0.61%
SNA	B	-0.6%
KMB	C	-0.59%
EG	B	-0.58%
TSN	D	-0.56%
CMI	B	-0.55%
NSC	C	-0.54%
O	B	-0.53%
EOG	D	-0.52%
FAST	C	-0.52%
CTRA	F	-0.52%
FMC	B	-0.52%
ADP	C	-0.51%
BDX	D	-0.51%
LEN	B	-0.51%
ITW	B	-0.5%
UNP	D	-0.46%
EMN	B	-0.44%
ES	B	-0.41%
EVRG	B	-0.41%
LHX	C	-0.39%
PNW	C	-0.38%
ETR	A	-0.38%
EIX	B	-0.38%
MAA	C	-0.37%
FRT	C	-0.37%
APD	B	-0.35%
EMR	D	-0.35%
AEP	C	-0.33%
AVB	C	-0.3%
ESS	C	-0.3%
DLR	B	-0.28%