FLSP vs. FYEE ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to Fidelity Yield Enhanced Equity ETF (FYEE)

FLSP

Franklin Liberty Systematic Style Premia ETF

FLSP Description

The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying alternative investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.

Grade (RS Rating)

Last Trade

$24.11

Average Daily Volume

11,449

Number of Holdings ^*

183

* may have additional holdings in another (foreign) market

FYEE

Fidelity Yield Enhanced Equity ETF

FYEE Description

FYEE is actively managed, investing in equities similar to the S&P 500 and Russell 1000. The fund sells call options for income generation, emphasizing current income and potential capital growth.

Grade (RS Rating)

Last Trade

$27.41

Average Daily Volume

2,331

Number of Holdings ^*

153

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	FYEE
30 Days	0.69%	3.53%
60 Days	0.06%	5.30%
90 Days	0.73%	7.07%
12 Months	6.54%

56 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in FYEE	Overlap
ABBV	D	0.59%	0.93%	0.59%
ADBE	C	0.91%	0.94%	0.91%
AMAT	F	0.66%	0.68%	0.66%
BK	A	0.31%	0.13%	0.13%
BMY	B	0.59%	0.75%	0.59%
CAH	B	0.12%	0.32%	0.12%
CI	F	0.22%	0.63%	0.22%
CL	D	0.36%	0.55%	0.36%
CMCSA	B	0.42%	0.85%	0.42%
CRM	B	0.7%	1.17%	0.7%
CSX	B	0.31%	0.49%	0.31%
CTAS	B	0.35%	0.66%	0.35%
DOCU	A	0.1%	0.09%	0.09%
DVN	F	0.13%	0.53%	0.13%
EOG	A	0.44%	0.49%	0.44%
FTNT	C	0.32%	0.2%	0.2%
GEN	B	0.1%	0.13%	0.1%
GILD	C	0.61%	0.75%	0.61%
GOOG	C	0.11%	1.9%	0.11%
HD	A	0.28%	1.33%	0.28%
IDXX	F	0.14%	0.15%	0.14%
INCY	C	0.07%	0.34%	0.07%
INTU	C	0.68%	0.12%	0.12%
KR	B	0.24%	0.12%	0.12%
LDOS	C	0.13%	0.31%	0.13%
MA	C	0.77%	1.36%	0.77%
META	D	0.45%	2.9%	0.45%
MGM	D	0.05%	0.24%	0.05%
MMM	D	0.41%	0.19%	0.19%
MSFT	F	0.57%	5.69%	0.57%
MSI	B	0.48%	0.43%	0.43%
NBIX	C	0.08%	0.07%	0.07%
NFLX	A	0.45%	1.29%	0.45%
NOW	A	0.75%	0.49%	0.49%
NRG	B	0.12%	0.09%	0.09%
NUE	C	0.14%	0.36%	0.14%
NVDA	C	0.62%	7.38%	0.62%
PCAR	B	0.14%	0.38%	0.14%
PG	A	0.13%	0.81%	0.13%
PYPL	B	0.45%	0.72%	0.45%
QCOM	F	0.83%	0.85%	0.83%
RTX	C	0.34%	0.28%	0.28%
SEIC	B	0.06%	0.55%	0.06%
SPG	B	0.35%	0.44%	0.35%
SSNC	B	0.09%	0.19%	0.09%
T	A	0.63%	0.72%	0.63%
TJX	A	0.75%	0.72%	0.72%
TMO	F	0.34%	0.38%	0.34%
TROW	B	0.16%	0.28%	0.16%
TWLO	A	0.09%	0.09%	0.09%
TXT	D	0.09%	0.51%	0.09%
UBER	D	0.49%	0.23%	0.23%
UTHR	C	0.1%	0.05%	0.05%
VEEV	C	0.12%	0.04%	0.04%
WMT	A	0.75%	0.82%	0.75%
ZM	B	0.1%	0.53%	0.1%

FLSP Overweight 127 Positions Relative to FYEE

Symbol	Grade	Weight
BKNG	A	0.87%
MDT	D	0.6%
VRTX	F	0.49%
NVS	D	0.48%
ADSK	A	0.36%
HCA	F	0.36%
GM	B	0.36%
FICO	B	0.34%
AFL	B	0.33%
REGN	F	0.33%
CDNS	B	0.32%
APP	B	0.31%
VST	B	0.29%
LNG	B	0.29%
MPC	D	0.27%
FDX	B	0.27%
FIS	C	0.26%
CMI	A	0.25%
VLO	C	0.25%
KMB	D	0.23%
PH	A	0.23%
A	D	0.23%
PSX	C	0.23%
EA	A	0.23%
BCS	C	0.23%
CPRT	A	0.22%
AMP	A	0.22%
RCL	A	0.21%
MET	A	0.21%
AIG	B	0.21%
CTSH	B	0.21%
SNPS	B	0.2%
HPQ	B	0.2%
VICI	C	0.19%
TGT	F	0.19%
HIG	B	0.19%
EBAY	D	0.18%
SE	B	0.18%
APH	A	0.18%
IQV	D	0.17%
STT	A	0.17%
LULU	C	0.16%
ADM	D	0.16%
DECK	A	0.16%
NTAP	C	0.16%
IR	B	0.16%
MELI	D	0.16%
GDDY	A	0.15%
MS	A	0.15%
SYY	B	0.15%
MTD	D	0.15%
ANSS	B	0.14%
WAT	B	0.14%
EXPE	B	0.14%
AWK	D	0.13%
CNC	D	0.13%
AVB	B	0.13%
LIN	D	0.13%
TYL	B	0.13%
CBOE	B	0.12%
K	A	0.12%
VTR	C	0.12%
CPAY	A	0.12%
NTRS	A	0.12%
LYV	A	0.12%
BR	A	0.12%
BBY	D	0.11%
CSL	C	0.11%
STX	D	0.11%
PKG	A	0.11%
HOLX	D	0.11%
LII	A	0.11%
STLD	B	0.11%
WSM	B	0.11%
LVS	C	0.11%
LYB	F	0.11%
PHM	D	0.11%
MRO	B	0.1%
EL	F	0.1%
JBL	B	0.1%
MAS	D	0.1%
MOH	F	0.1%
RS	B	0.1%
CF	B	0.1%
VRSN	F	0.1%
BLDR	D	0.1%
PTC	A	0.1%
SNA	A	0.1%
FE	C	0.1%
UDR	B	0.09%
L	A	0.09%
ROL	B	0.09%
VTRS	A	0.09%
EQH	B	0.09%
OC	A	0.09%
EXPD	D	0.09%
MANH	D	0.09%
AVTR	F	0.08%
DT	C	0.08%
OVV	B	0.08%
CHRW	C	0.08%
FFIV	B	0.08%
REG	B	0.08%
SWKS	F	0.08%
DPZ	C	0.08%
PAYC	B	0.07%
FOXA	B	0.07%
TAP	C	0.07%
DKS	C	0.07%
BG	F	0.07%
GLPI	C	0.07%
UHS	D	0.07%
ACI	C	0.06%
MKTX	D	0.06%
MTCH	D	0.06%
CHKP	D	0.06%
TER	D	0.06%
RPRX	D	0.06%
AIZ	A	0.06%
RPM	A	0.05%
AER	B	0.05%
WYNN	D	0.05%
MOS	F	0.05%
CRBG	B	0.05%
ON	D	0.04%
COR	B	0.04%
HII	D	0.04%

FLSP Underweight 97 Positions Relative to FYEE

Symbol	Grade	Weight
AAPL	C	-7.39%
AMZN	C	-3.85%
BRK.A	B	-2.2%
GOOGL	C	-2.05%
JPM	A	-1.95%
AVGO	D	-1.66%
XOM	B	-1.57%
TSLA	B	-1.28%
BAC	A	-1.19%
MRK	F	-0.96%
PM	B	-0.95%
NEE	D	-0.83%
CSCO	B	-0.81%
SCHW	B	-0.79%
LLY	F	-0.77%
UNP	C	-0.75%
JNJ	D	-0.73%
DIS	B	-0.72%
LMT	D	-0.72%
C	A	-0.72%
PGR	A	-0.68%
TT	A	-0.68%
V	A	-0.65%
ABT	B	-0.64%
ECL	D	-0.64%
KLAC	D	-0.61%
NOC	D	-0.6%
SQ	B	-0.6%
BDX	F	-0.59%
UNH	C	-0.59%
MMC	B	-0.53%
CAT	B	-0.53%
CVNA	B	-0.53%
ZBRA	B	-0.52%
DBX	B	-0.52%
MU	D	-0.5%
GE	D	-0.48%
CMG	B	-0.48%
IGT	F	-0.46%
EXEL	B	-0.44%
CME	A	-0.44%
AXP	A	-0.44%
WM	A	-0.43%
PFE	D	-0.42%
GRMN	B	-0.4%
HWM	A	-0.39%
ALLE	D	-0.38%
ANF	C	-0.36%
PPG	F	-0.35%
TDC	D	-0.35%
ALRM	C	-0.34%
F	C	-0.33%
COST	B	-0.31%
SKYW	B	-0.31%
WFC	A	-0.29%
TMUS	B	-0.29%
MEDP	D	-0.29%
ADP	B	-0.26%
TRV	B	-0.26%
MSCI	C	-0.26%
AMGN	D	-0.25%
SYK	C	-0.24%
LRCX	F	-0.24%
CVS	D	-0.23%
RSG	A	-0.23%
SPGI	C	-0.22%
LHX	C	-0.21%
AMT	D	-0.21%
GAP	C	-0.21%
BIIB	F	-0.21%
TPH	D	-0.19%
PEP	F	-0.19%
PSA	D	-0.18%
BBWI	D	-0.17%
CACI	D	-0.17%
LNW	D	-0.16%
OXY	D	-0.15%
ITW	B	-0.15%
CLX	B	-0.14%
UNM	A	-0.13%
GL	B	-0.13%
AON	A	-0.13%
LPLA	A	-0.12%
PLTK	B	-0.12%
NSC	B	-0.11%
DASH	A	-0.11%
ED	D	-0.1%
AME	A	-0.09%
LYFT	C	-0.08%
ANET	C	-0.07%
CINF	A	-0.07%
CRUS	D	-0.07%
QRVO	F	-0.06%
ORCL	B	-0.04%
TNL	A	-0.04%
TOL	B	-0.02%
CVX	A	-0.02%