FLLV vs. CDL ETF Comparison

Comparison of Franklin Liberty U.S. Low Volatility ETF (FLLV) to Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF (CDL)

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

$53.68

Average Daily Volume

8,480

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CDL

Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF

CDL Description

The investment seeks to provide investment results that match the performance of the CEMP US Large Cap High Dividend 100 Volatility Weighted Index. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 100 highest dividend yielding stocks of the CEMP US Large Cap 500 Volatility Weighted Index, which consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Normally the fund invests at least 80% of its assets in the stocks of U.S. issuers included in the index.

Grade (RS Rating)

Last Trade

$61.84

Average Daily Volume

13,787

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FLLV	CDL
30 Days	1.87%	1.18%
60 Days	-1.20%	1.61%
90 Days	0.44%	4.93%
12 Months	17.83%	16.02%

24 Overlapping Holdings

Symbol	Grade	Weight in FLLV	Weight in CDL	Overlap
ABBV	D	1.13%	1.13%	1.13%
AMGN	B	1.21%	1.05%	1.05%
APD	C	0.76%	0.74%	0.74%
BMY	F	0.91%	0.89%	0.89%
CSCO	D	1.52%	1.05%	1.05%
CVS	F	0.78%	0.62%	0.62%
CVX	A	1.0%	1.03%	1.0%
DUK	A	0.77%	1.32%	0.77%
IBM	D	1.6%	0.97%	0.97%
JNJ	D	1.03%	1.25%	1.03%
KO	A	0.99%	1.61%	0.99%
LMT	A	1.03%	1.22%	1.03%
MDT	C	1.09%	1.13%	1.09%
MET	B	1.16%	1.06%	1.06%
MS	A	1.15%	0.98%	0.98%
NEE	B	0.9%	0.95%	0.9%
PEP	B	0.99%	1.42%	0.99%
PFE	C	1.08%	0.93%	0.93%
PM	A	0.98%	1.47%	0.98%
SO	A	0.8%	1.31%	0.8%
TXN	A	1.78%	1.03%	1.03%
VZ	C	1.38%	0.81%	0.81%
WMB	A	1.07%	1.36%	1.07%
XOM	B	1.07%	1.06%	1.06%

FLLV Overweight 57 Positions Relative to CDL

Symbol	Grade	Weight
APH	A	2.05%
VNT	D	1.77%
ORCL	D	1.75%
MSFT	C	1.74%
ANSS	D	1.69%
ADI	A	1.67%
PTC	D	1.64%
GOOGL	B	1.61%
INTU	D	1.61%
SNPS	D	1.59%
KEYS	D	1.5%
ROP	D	1.5%
AAPL	B	1.48%
TSCO	B	1.47%
ACN	D	1.39%
PGR	A	1.39%
AMZN	B	1.39%
NYT	B	1.32%
MRK	B	1.31%
NVR	D	1.3%
AZO	D	1.28%
JPM	A	1.26%
ADBE	D	1.23%
LOW	D	1.21%
AJG	C	1.18%
ICE	D	1.17%
DTM	A	1.15%
GD	A	1.15%
NDAQ	C	1.15%
V	C	1.14%
RSG	B	1.14%
HD	D	1.14%
ROST	D	1.13%
MA	D	1.13%
CMCSA	D	1.12%
CL	A	1.12%
MCD	D	1.09%
BLK	C	1.07%
PG	A	1.06%
UNH	B	1.05%
SPGI	B	1.05%
VRSK	A	1.05%
IEX	D	1.04%
BDX	F	1.04%
FAST	D	1.03%
AME	D	1.03%
ABT	F	1.02%
HON	C	0.99%
ECL	A	0.97%
ITW	D	0.96%
MDLZ	B	0.93%
MAA	B	0.9%
SBUX	F	0.89%
LBRDK	F	0.86%
LIN	D	0.86%
PSA	C	0.85%
FR	D	0.8%

FLLV Underweight 76 Positions Relative to CDL

Symbol	Grade	Weight
KMB	B	-1.49%
KMI	A	-1.39%
PEG	A	-1.3%
ED	A	-1.27%
MO	A	-1.25%
GIS	B	-1.24%
PPL	A	-1.24%
SRE	A	-1.22%
K	B	-1.2%
ETR	A	-1.18%
CME	D	-1.17%
CMS	A	-1.16%
FE	A	-1.15%
LNT	B	-1.15%
PRU	A	-1.15%
DTE	A	-1.13%
KHC	C	-1.13%
PAYX	C	-1.12%
OKE	A	-1.12%
EVRG	B	-1.12%
WEC	B	-1.12%
CAG	B	-1.11%
C	A	-1.1%
BK	A	-1.09%
NI	A	-1.09%
CRBG	B	-1.09%
LYB	C	-1.08%
DOW	B	-1.08%
EIX	A	-1.07%
CPB	B	-1.06%
AEP	A	-1.05%
PFG	C	-1.05%
DRI	F	-1.05%
XEL	C	-1.03%
GLW	B	-1.03%
HPQ	C	-1.02%
AEE	B	-1.0%
IP	B	-0.99%
EXC	B	-0.99%
OMC	A	-0.98%
COP	D	-0.95%
FNF	B	-0.95%
CTRA	B	-0.93%
EOG	C	-0.91%
PSX	D	-0.91%
FANG	B	-0.9%
UPS	D	-0.9%
D	A	-0.9%
STT	B	-0.86%
HPE	D	-0.85%
PNC	A	-0.85%
VLO	D	-0.85%
GILD	F	-0.84%
DVN	C	-0.83%
T	B	-0.81%
TROW	D	-0.8%
AES	B	-0.78%
HBAN	A	-0.78%
CLX	D	-0.76%
MTB	A	-0.75%
DINO	D	-0.73%
FITB	A	-0.73%
IPG	D	-0.73%
HRL	B	-0.73%
NTRS	B	-0.72%
BBY	D	-0.71%
RF	B	-0.68%
ADM	C	-0.67%
VTRS	D	-0.66%
CFG	A	-0.65%
BEN	D	-0.64%
F	D	-0.63%
USB	D	-0.62%
ALLY	B	-0.61%
KEY	B	-0.53%
WBA	F	-0.46%