FLLV vs. XLI ETF Comparison

Comparison of Franklin Liberty U.S. Low Volatility ETF (FLLV) to SPDR Select Sector Fund - Industrial (XLI)

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

$54.29

Average Daily Volume

10,165

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XLI

SPDR Select Sector Fund - Industrial

XLI Description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index. The fund invests at least 95% of its assets in the securities comprising the index. The index includes companies from the following industries: aerospace & defense; industrial conglomerates; machinery; road & rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction & engineering; trading companies & distributors; airlines; and building products. It is non-diversified.

Grade (RS Rating)

Last Trade

$125.33

Average Daily Volume

8,770,893

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLLV	XLI
30 Days	4.93%	3.48%
60 Days	1.40%	2.83%
90 Days	3.64%	6.51%
12 Months	16.41%	27.40%

9 Overlapping Holdings

Symbol	Grade	Weight in FLLV	Weight in XLI	Overlap
AME	D	1.05%	1.02%	1.02%
FAST	D	1.05%	1.0%	1.0%
GD	A	1.17%	1.74%	1.17%
HON	B	0.98%	3.42%	0.98%
IEX	D	1.05%	0.44%	0.44%
ITW	D	0.97%	1.76%	0.97%
LMT	B	1.05%	2.63%	1.05%
RSG	D	1.17%	1.0%	1.0%
VRSK	A	1.06%	0.93%	0.93%

FLLV Overweight 72 Positions Relative to XLI

Symbol	Grade	Weight
APH	B	2.01%
VNT	D	1.81%
ORCL	C	1.73%
MSFT	B	1.72%
TXN	B	1.71%
ANSS	D	1.71%
IBM	D	1.64%
ADI	B	1.62%
PTC	C	1.62%
GOOGL	A	1.61%
INTU	B	1.59%
SNPS	C	1.54%
ROP	C	1.5%
CSCO	F	1.49%
KEYS	C	1.48%
PGR	C	1.47%
AAPL	C	1.45%
TSCO	A	1.45%
AMZN	C	1.44%
ACN	F	1.43%
VZ	C	1.37%
NYT	B	1.35%
AZO	D	1.32%
MRK	B	1.31%
NVR	D	1.28%
ADBE	F	1.26%
JPM	A	1.24%
LOW	D	1.21%
AMGN	B	1.19%
AJG	A	1.17%
MET	A	1.16%
ROST	D	1.15%
NDAQ	B	1.15%
ICE	B	1.15%
CMCSA	F	1.14%
V	B	1.14%
MA	D	1.14%
DTM	A	1.13%
ABBV	D	1.13%
CL	B	1.13%
HD	D	1.13%
MS	B	1.11%
MCD	F	1.09%
PFE	D	1.08%
XOM	B	1.07%
PG	A	1.07%
MDT	B	1.07%
WMB	A	1.06%
ABT	F	1.05%
BDX	F	1.05%
SPGI	B	1.05%
UNH	C	1.04%
BLK	B	1.04%
JNJ	D	1.03%
KO	B	1.01%
CVX	B	1.01%
PEP	B	1.0%
ECL	A	0.99%
PM	B	0.97%
MDLZ	C	0.94%
BMY	F	0.91%
SBUX	F	0.89%
MAA	C	0.89%
LBRDK	D	0.88%
NEE	B	0.87%
LIN	D	0.87%
PSA	C	0.82%
SO	A	0.8%
FR	F	0.8%
DUK	A	0.78%
CVS	F	0.78%
APD	C	0.76%

FLLV Underweight 70 Positions Relative to XLI

Symbol	Grade	Weight
GE	C	-4.81%
CAT	C	-4.59%
UNP	C	-3.93%
RTX	B	-3.61%
UBER	D	-3.58%
ETN	C	-3.45%
UPS	D	-2.8%
DE	D	-2.76%
BA	D	-2.71%
ADP	B	-2.61%
WM	B	-2.01%
TT	B	-1.95%
TDG	C	-1.91%
PH	D	-1.87%
CSX	D	-1.77%
NOC	C	-1.74%
EMR	B	-1.69%
CTAS	B	-1.56%
FDX	D	-1.55%
PCAR	D	-1.46%
CARR	B	-1.41%
MMM	A	-1.39%
NSC	D	-1.37%
CPRT	D	-1.26%
URI	C	-1.19%
GEV	D	-1.17%
JCI	B	-1.16%
GWW	D	-1.1%
LHX	A	-1.07%
CMI	D	-1.03%
PAYX	B	-1.02%
PWR	C	-1.01%
OTIS	C	-1.0%
IR	C	-0.96%
XYL	A	-0.89%
DAL	B	-0.88%
ODFL	F	-0.85%
HWM	A	-0.83%
ROK	F	-0.82%
WAB	A	-0.78%
EFX	D	-0.76%
FTV	D	-0.7%
DOV	B	-0.67%
BR	C	-0.59%
AXON	D	-0.58%
VLTO	B	-0.56%
HUBB	D	-0.56%
BLDR	D	-0.53%
LDOS	A	-0.52%
UAL	C	-0.46%
J	F	-0.46%
EXPD	D	-0.45%
TXT	D	-0.45%
LUV	F	-0.43%
MAS	D	-0.41%
SNA	D	-0.38%
NDSN	C	-0.38%
JBHT	F	-0.36%
PNR	B	-0.36%
ROL	C	-0.34%
SWK	D	-0.34%
ALLE	D	-0.29%
AOS	D	-0.28%
HII	D	-0.26%
CHRW	C	-0.25%
AAL	C	-0.25%
DAY	D	-0.24%
PAYC	F	-0.22%
GNRC	C	-0.22%
RHI	F	-0.19%