FLLV vs. BSV ETF Comparison

Comparison of Franklin Liberty U.S. Low Volatility ETF (FLLV) to Vanguard Short-Term Bond ETF (BSV)

FLLV

Franklin Liberty U.S. Low Volatility ETF

FLLV Description

The fund seeks capital appreciation with an emphasis on lower volatility than the broader equity market, as measured by the Russell 1000 Index. The fund applies a fundamentally driven %u201Cbottom-up%u201D research process to identify stocks that exhibit strong fundamental characteristics and screens for stocks with the lowest realized volatility scores, based on our proprietary quantitative model, relative to their corresponding sectors. Risk considerations are incorporated into the final stock selection process.

Grade (RS Rating)

Last Trade

$52.75

Average Daily Volume

9,344

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

BSV

Vanguard Short-Term Bond ETF

BSV Description

The investment seeks to track the performance of a market-weighted bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 1-5 Year Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 1 and 5 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$76.48

Average Daily Volume

1,478,902

Number of Holdings ^*

442

* may have additional holdings in another (foreign) market

Performance

Period	FLLV	BSV
30 Days	1.14%	0.65%
60 Days	-3.49%	0.92%
90 Days	-1.22%	0.99%
12 Months	15.47%	4.40%

83 Overlapping Holdings

Symbol	Grade	Weight in FLLV	Weight in BSV	Overlap
AAPL	A	0.0%	0.01%	0.0%
ABBV	B	2.2%	0.01%	0.01%
ABT	D	1.08%	0.01%	0.01%
ADBE	B	0.01%	0.01%	0.01%
ADI	B	3.48%	0.01%	0.01%
AEP	C	0.94%	0.01%	0.01%
ALB	F	2.37%	0.01%	0.01%
AMGN	B	0.0%	0.01%	0.0%
AMZN	A	0.0%	0.01%	0.0%
APD	D	1.43%	0.01%	0.01%
APH	B	0.0%	0.01%	0.0%
AVGO	B	0.8%	0.01%	0.01%
AZO	C	0.04%	0.01%	0.01%
BAC	A	0.94%	0.01%	0.01%
BDX	F	1.07%	0.01%	0.01%
BLK	B	0.01%	0.01%	0.01%
BMY	F	0.91%	0.01%	0.01%
C	B	1.94%	0.01%	0.01%
CL	B	0.0%	0.01%	0.0%
CMCSA	F	1.15%	0.01%	0.01%
CSCO	C	2.09%	0.01%	0.01%
CVS	D	0.88%	0.01%	0.01%
CVX	C	2.94%	0.01%	0.01%
DUK	D	0.78%	0.01%	0.01%
FITB	C	0.48%	0.01%	0.01%
GD	C	0.0%	0.01%	0.0%
GM	B	0.92%	0.01%	0.01%
GOOGL	A	0.0%	0.01%	0.0%
HD	C	2.1%	0.01%	0.01%
HON	B	1.09%	0.01%	0.01%
IBM	B	1.71%	0.01%	0.01%
ICE	A	0.0%	0.01%	0.0%
INTU	B	0.0%	0.01%	0.0%
ITW	D	0.0%	0.01%	0.0%
JCI	D	1.81%	0.01%	0.01%
JNJ	F	2.96%	0.01%	0.01%
JPM	A	1.29%	0.01%	0.01%
KEYS	D	1.37%	0.01%	0.01%
KO	A	1.06%	0.01%	0.01%
LIN	C	0.01%	0.01%	0.01%
LMT	B	2.05%	0.01%	0.01%
LOW	D	1.18%	0.01%	0.01%
MA	D	1.17%	0.01%	0.01%
MAA	B	0.0%	0.01%	0.0%
MCD	F	1.07%	0.01%	0.01%
MCHP	C	1.41%	0.02%	0.02%
MDLZ	D	0.0%	0.01%	0.0%
MDT	D	1.08%	0.02%	0.02%
MET	D	1.18%	0.01%	0.01%
MRK	C	0.0%	0.01%	0.0%
MS	B	2.11%	0.01%	0.01%
MSFT	A	0.0%	0.01%	0.0%
NDAQ	C	0.0%	0.01%	0.0%
NEE	D	2.93%	0.01%	0.01%
NEM	B	0.96%	0.01%	0.01%
NOC	D	0.95%	0.02%	0.02%
ORCL	A	0.0%	0.01%	0.0%
PEP	D	1.92%	0.01%	0.01%
PFE	C	1.08%	0.01%	0.01%
PG	C	2.06%	0.01%	0.01%
PM	A	1.04%	0.01%	0.01%
PNC	B	0.47%	0.01%	0.01%
PSA	B	0.0%	0.01%	0.0%
ROP	A	0.0%	0.01%	0.0%
ROST	B	1.33%	0.01%	0.01%
RSG	A	0.0%	0.01%	0.0%
RTX	D	1.84%	0.01%	0.01%
SBUX	F	0.98%	0.01%	0.01%
SCHW	C	1.43%	0.01%	0.01%
SO	B	2.93%	0.01%	0.01%
SRE	B	0.97%	0.01%	0.01%
TGT	D	0.96%	0.01%	0.01%
TXN	B	2.97%	0.01%	0.01%
UNH	C	1.03%	0.01%	0.01%
UNP	D	1.44%	0.01%	0.01%
UPS	F	0.97%	0.01%	0.01%
USB	C	0.97%	0.01%	0.01%
V	D	0.01%	0.02%	0.01%
VNT	D	0.0%	0.01%	0.0%
VRSK	A	0.0%	0.01%	0.0%
VZ	B	3.04%	0.02%	0.02%
WMB	B	0.0%	0.01%	0.0%
XOM	C	3.09%	0.01%	0.01%

FLLV Overweight 19 Positions Relative to BSV

Symbol	Grade	Weight
FCX	D	1.99%
RIO	D	1.93%
TTE	C	1.89%
ANSS	C	1.73%
IEX	D	0.97%
LBRDK	C	0.9%
FR	C	0.82%
NVR	D	0.04%
ACN	C	0.01%
SNPS	B	0.01%
NYT	A	0.0%
FAST	D	0.0%
DTM	B	0.0%
TSCO	D	0.0%
AJG	A	0.0%
PGR	B	0.0%
AME	D	0.0%
PTC	B	0.0%
ECL	B	0.0%

FLLV Underweight 359 Positions Relative to BSV

Symbol	Grade	Weight
WIT	A	-0.26%
CARR	C	-0.03%
STLA	F	-0.02%
TAP	F	-0.02%
BIIB	C	-0.02%
KLAC	B	-0.02%
NI	B	-0.02%
VOD	B	-0.02%
ETN	D	-0.02%
OTIS	C	-0.02%
DD	B	-0.02%
CHTR	C	-0.02%
NNN	B	-0.01%
NEU	D	-0.01%
NVT	D	-0.01%
NTAP	A	-0.01%
MOS	F	-0.01%
MAS	D	-0.01%
PCAR	D	-0.01%
MLM	D	-0.01%
LNC	B	-0.01%
MHK	D	-0.01%
OGS	C	-0.01%
LDOS	B	-0.01%
MCO	A	-0.01%
IVZ	C	-0.01%
HRL	D	-0.01%
HP	D	-0.01%
HOG	F	-0.01%
JHG	A	-0.01%
HES	C	-0.01%
JEF	A	-0.01%
JD	F	-0.01%
IFF	B	-0.01%
HAS	D	-0.01%
L	D	-0.01%
H	C	-0.01%
GXO	D	-0.01%
KMPR	C	-0.01%
KMB	B	-0.01%
ES	D	-0.01%
EQR	A	-0.01%
EQH	A	-0.01%
EPR	C	-0.01%
DHI	D	-0.01%
FTNT	C	-0.01%
EL	F	-0.01%
EFX	B	-0.01%
FRT	C	-0.01%
DAL	D	-0.01%
EA	B	-0.01%
FNB	C	-0.01%
DXC	C	-0.01%
CSL	C	-0.01%
FMC	F	-0.01%
FLS	D	-0.01%
GBDC	C	-0.01%
BC	F	-0.01%
ALLE	D	-0.01%
BAX	F	-0.01%
AIZ	D	-0.01%
CNA	B	-0.01%
CMI	D	-0.01%
AVT	D	-0.01%
CLX	D	-0.01%
AVB	B	-0.01%
BRX	B	-0.01%
ATO	B	-0.01%
AEE	D	-0.01%
ADM	C	-0.01%
CHD	D	-0.01%
ARW	D	-0.01%
CF	D	-0.01%
BKU	B	-0.01%
CE	D	-0.01%
CDNS	B	-0.01%
AON	C	-0.01%
A	D	-0.01%
BEN	F	-0.01%
AN	C	-0.01%
CACC	C	-0.01%
CPT	A	-0.01%
BDN	C	-0.01%
BCSF	A	-0.01%
AMG	C	-0.01%
THG	C	-0.01%
UNM	C	-0.01%
WEC	D	-0.01%
TEL	B	-0.01%
WAL	B	-0.01%
SYK	C	-0.01%
SWK	D	-0.01%
TRMB	C	-0.01%
XEL	D	-0.01%
WPC	D	-0.01%
SLG	B	-0.01%
SKT	D	-0.01%
SITC	B	-0.01%
RS	D	-0.01%
PXD	B	-0.01%
PVH	F	-0.01%
PHM	D	-0.01%
RL	C	-0.01%
PFG	D	-0.01%
DOC	B	-0.01%
RGA	B	-0.01%
SPGI	A	-0.01%
PPG	D	-0.01%
SNX	D	-0.01%
SNV	A	-0.01%
MAIN	A	-0.01%
NFG	C	-0.01%
ORLY	B	-0.01%
ORI	C	-0.01%
OPI	F	-0.01%
LNT	B	-0.01%
LLY	A	-0.01%
LII	B	-0.01%
OCSL	D	-0.01%
OC	D	-0.01%
LEG	F	-0.01%
MSI	A	-0.01%
LAZ	C	-0.01%
NTRS	C	-0.01%
MRVL	B	-0.01%
MCK	B	-0.01%
PDM	B	-0.01%
NSC	D	-0.01%
MP	D	-0.01%
KIM	B	-0.01%
K	D	-0.01%
GSBD	A	-0.01%
HUBB	D	-0.01%
HSY	F	-0.01%
HRB	A	-0.01%
JNPR	B	-0.01%
IPG	F	-0.01%
IP	B	-0.01%
HII	D	-0.01%
ILMN	F	-0.01%
JBHT	F	-0.01%
GWW	C	-0.01%
KSS	F	-0.01%
KRC	D	-0.01%
KR	C	-0.01%
DLR	A	-0.01%
FHN	B	-0.01%
EMR	C	-0.01%
EMN	D	-0.01%
FTV	D	-0.01%
FDX	A	-0.01%
ED	D	-0.01%
CUBE	B	-0.01%
DVN	C	-0.01%
CTVA	D	-0.01%
FAF	D	-0.01%
FLEX	D	-0.01%
DOW	D	-0.01%
DOV	D	-0.01%
COKE	B	-0.01%
CNP	B	-0.01%
CNH	F	-0.01%
BWA	F	-0.01%
BABA	D	-0.01%
CMS	D	-0.01%
AWH	F	-0.01%
AFG	D	-0.01%
BRO	B	-0.01%
BR	B	-0.01%
ADSK	B	-0.01%
CFG	B	-0.01%
BKH	C	-0.01%
APTV	F	-0.01%
AMAT	B	-0.01%
CP	D	-0.01%
COST	A	-0.01%
UDR	B	-0.01%
UAL	D	-0.01%
TDY	D	-0.01%
WAB	D	-0.01%
TXT	D	-0.01%
TSLX	A	-0.01%
SWKS	B	-0.01%
VOYA	D	-0.01%
VNO	B	-0.01%
VMC	D	-0.01%
WY	F	-0.01%
WU	C	-0.01%
VFC	D	-0.01%
TKR	D	-0.01%
WM	B	-0.01%
WHR	C	-0.01%
PNW	C	-0.01%
ROK	D	-0.01%
RNR	D	-0.01%
SF	B	-0.01%
PSEC	B	-0.01%
SCCO	C	-0.01%
RF	B	-0.01%
SBRA	A	-0.01%
GLPI	C	-0.01%
HAL	D	-0.01%
ESS	B	-0.01%
KEY	C	-0.01%
KDP	C	-0.01%
HUM	C	-0.01%
NUE	D	-0.01%
LYB	D	-0.01%
MMM	B	-0.01%
OHI	A	-0.01%
LHX	B	-0.01%
LH	C	-0.01%
O	D	-0.01%
NXPI	B	-0.01%
BHP	D	-0.01%
BG	B	-0.01%
CRM	D	-0.01%
AWK	C	-0.01%
CME	D	-0.01%
AGR	D	-0.01%
DHR	D	-0.01%
DTE	D	-0.01%
EVRG	D	-0.01%
ETR	D	-0.01%
CNO	B	-0.01%
HST	D	-0.01%
GP	F	-0.01%
MAR	B	-0.01%
LRCX	B	-0.01%
MKC	C	-0.01%
WB	D	-0.01%
VTR	A	-0.01%
SYY	D	-0.01%
SYF	A	-0.01%
ZTS	C	-0.01%
STLD	C	-0.01%
R	B	-0.01%
PKG	C	-0.01%
PYPL	D	-0.01%
PRU	A	-0.01%
PEG	B	-0.01%
AES	D	-0.01%
ADP	D	-0.01%
HBAN	C	-0.01%
KMI	B	-0.01%
DLTR	D	-0.01%
EOG	C	-0.01%
DGX	D	-0.01%
EIX	D	-0.01%
DE	F	-0.01%
FSK	A	-0.01%
D	D	-0.01%
EBAY	B	-0.01%
LEN	D	-0.01%
NVDA	B	-0.01%
TT	B	-0.01%
AFL	B	-0.01%
BIDU	F	-0.01%
FANG	B	-0.01%
CSX	C	-0.01%
EXPE	C	-0.01%
EXC	D	-0.01%
CAH	D	-0.01%
AL	D	-0.01%
BXP	B	-0.01%
TJX	A	-0.01%
WLK	D	-0.01%
SHW	D	-0.01%
PPL	D	-0.01%
AMT	B	-0.01%
COP	D	-0.01%
STT	C	-0.01%
VLO	C	-0.01%
TMO	D	-0.01%
WRK	D	-0.01%
SLB	C	-0.01%
QCOM	B	-0.01%
RPRX	F	-0.01%
PH	C	-0.01%
CB	C	-0.01%
CPB	B	-0.01%
WBA	F	-0.01%
AIG	C	-0.01%
CM	C	-0.01%
AER	B	-0.01%
BK	A	-0.01%
CCI	D	-0.01%
BERY	D	-0.01%
ALLY	B	-0.01%
CAF	F	-0.01%
ET	A	-0.01%
EQIX	C	-0.01%
FOXA	A	-0.01%
OMC	D	-0.01%
GPN	D	-0.01%
GIS	D	-0.01%
GE	D	-0.01%
SPG	B	-0.01%
LVS	F	-0.01%
NKE	F	-0.01%
MMC	B	-0.01%
PAA	A	-0.01%
TFC	C	-0.01%
ZBH	F	-0.01%
STZ	B	-0.01%
PSX	C	-0.01%
BKNG	B	-0.01%
ARE	C	-0.01%
ARCC	B	-0.01%
AMP	B	-0.01%
CAT	D	-0.01%
CMA	C	-0.01%
BSX	B	-0.01%
DIS	D	-0.01%
DG	D	-0.01%
DFS	A	-0.01%
EDC	B	-0.01%
FIS	B	-0.01%
ALL	D	-0.01%
COE	B	-0.01%
CAG	D	-0.01%
HPQ	B	-0.01%
MPLX	A	-0.01%
GSK	D	-0.01%
MO	A	-0.01%
OKE	A	-0.01%
MU	C	-0.01%
MTB	B	-0.01%
AXP	C	-0.01%
EPD	A	-0.01%
DB	C	-0.01%
COF	C	-0.01%
INTC	D	-0.01%
GILD	C	-0.01%
MPC	C	-0.01%
RY	A	-0.01%
VTRS	D	-0.01%
AZN	C	-0.01%
BNS	C	-0.01%
HCA	C	-0.01%
EQNR	C	-0.01%
NWG	B	-0.01%
HPE	B	-0.01%
PCG	D	-0.01%
LUV	C	-0.01%
TSN	C	-0.01%
WMT	A	-0.01%
T	B	-0.01%
TMUS	A	-0.01%
WELL	A	-0.01%
TD	F	-0.01%
CI	D	-0.01%
BMO	D	-0.01%
GS	A	-0.01%
MUFG	A	-0.01%
BA	C	-0.01%
HSBC	B	-0.01%
DELL	B	-0.01%
WFC	C	-0.01%