FLSP vs. GLBL ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to Pacer MSCI World Industry Advantage ETF (GLBL)

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

GLBL

Pacer MSCI World Industry Advantage ETF

GLBL Description

GLBL tracks an index that aims to invest in firms that lead the industry from the country with the most active weight in each of the GICS Industry Groups. First, the fund determines which country has the highest active weight in each of the twenty-five GICS Industry Groups as measured against the MSCI World Index, its parent index. Only large- and midcap companies from developed market countries are considered. Then, all securities with a 3-month ADTV greater than or equal to USD 5 Million become eligible. Finally, at each quarterly review and initial construction, the eligible securities that meet the liquidity criteria are grouped by country, and each group is weighted in proportion to their aggregate free-float market cap and the corresponding country's GDP. The weights are then normalized to sum to 100%, with each security having a cap of 5%.

Grade (RS Rating)

Last Trade

$21.23

Average Daily Volume

273

Number of Holdings ^*

280

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	GLBL
30 Days	0.69%	3.25%
60 Days	0.06%	4.07%
90 Days	0.73%
12 Months	6.54%

94 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in GLBL	Overlap
ACI	C	0.06%	0.02%	0.02%
ADBE	C	0.91%	0.75%	0.75%
ADSK	A	0.36%	0.22%	0.22%
AMAT	F	0.66%	0.47%	0.47%
AMP	A	0.22%	0.2%	0.2%
ANSS	B	0.14%	0.08%	0.08%
APH	A	0.18%	0.27%	0.18%
APP	B	0.31%	0.2%	0.2%
AVB	B	0.13%	0.11%	0.11%
BBY	D	0.11%	0.06%	0.06%
BK	A	0.31%	0.18%	0.18%
CAH	B	0.12%	0.09%	0.09%
CBOE	B	0.12%	0.05%	0.05%
CDNS	B	0.32%	0.29%	0.29%
CI	F	0.22%	0.31%	0.22%
CMCSA	B	0.42%	0.54%	0.42%
CNC	D	0.13%	0.1%	0.1%
COR	B	0.04%	0.12%	0.04%
CPAY	A	0.12%	0.09%	0.09%
CRBG	B	0.05%	0.03%	0.03%
CRM	B	0.7%	1.04%	0.7%
CTSH	B	0.21%	0.14%	0.14%
DKS	C	0.07%	0.05%	0.05%
DOCU	A	0.1%	0.06%	0.06%
DPZ	C	0.08%	0.05%	0.05%
DT	C	0.08%	0.05%	0.05%
EA	A	0.23%	0.11%	0.11%
EBAY	D	0.18%	0.1%	0.1%
EQH	B	0.09%	0.04%	0.04%
EXPE	B	0.14%	0.08%	0.08%
FFIV	B	0.08%	0.06%	0.06%
FIS	C	0.26%	0.15%	0.15%
FOXA	B	0.07%	0.03%	0.03%
FTNT	C	0.32%	0.21%	0.21%
GDDY	A	0.15%	0.09%	0.09%
GEN	B	0.1%	0.05%	0.05%
GLPI	C	0.07%	0.05%	0.05%
GOOG	C	0.11%	2.84%	0.11%
HCA	F	0.36%	0.25%	0.25%
HD	A	0.28%	1.25%	0.28%
HOLX	D	0.11%	0.06%	0.06%
HPQ	B	0.2%	0.11%	0.11%
IDXX	F	0.14%	0.1%	0.1%
INTU	C	0.68%	0.58%	0.58%
JBL	B	0.1%	0.03%	0.03%
KR	B	0.24%	0.13%	0.13%
LVS	C	0.11%	0.06%	0.06%
LYV	A	0.12%	0.06%	0.06%
MA	C	0.77%	1.35%	0.77%
MANH	D	0.09%	0.07%	0.07%
MDT	D	0.6%	0.35%	0.35%
MELI	D	0.16%	0.45%	0.16%
META	D	0.45%	3.94%	0.45%
MGM	D	0.05%	0.03%	0.03%
MKTX	D	0.06%	0.03%	0.03%
MOH	F	0.1%	0.07%	0.07%
MS	A	0.15%	0.5%	0.15%
MSFT	F	0.57%	4.69%	0.57%
MSI	B	0.48%	0.23%	0.23%
MTCH	D	0.06%	0.02%	0.02%
NFLX	A	0.45%	1.17%	0.45%
NOW	A	0.75%	0.74%	0.74%
NTAP	C	0.16%	0.08%	0.08%
NTRS	A	0.12%	0.08%	0.08%
NVDA	C	0.62%	5.39%	0.62%
ON	D	0.04%	0.1%	0.04%
PTC	A	0.1%	0.09%	0.09%
PYPL	B	0.45%	0.27%	0.27%
QCOM	F	0.83%	0.56%	0.56%
RCL	A	0.21%	0.16%	0.16%
REG	B	0.08%	0.03%	0.03%
SEIC	B	0.06%	0.02%	0.02%
SNPS	B	0.2%	0.26%	0.2%
SPG	B	0.35%	0.17%	0.17%
STT	A	0.17%	0.09%	0.09%
STX	D	0.11%	0.07%	0.07%
SWKS	F	0.08%	0.04%	0.04%
SYY	B	0.15%	0.13%	0.13%
TER	D	0.06%	0.05%	0.05%
TGT	F	0.19%	0.22%	0.19%
TJX	A	0.75%	0.43%	0.43%
TROW	B	0.16%	0.08%	0.08%
TWLO	A	0.09%	0.05%	0.05%
TYL	B	0.13%	0.14%	0.13%
UDR	B	0.09%	0.04%	0.04%
UHS	D	0.07%	0.05%	0.05%
VEEV	C	0.12%	0.11%	0.11%
VICI	C	0.19%	0.1%	0.1%
VRSN	F	0.1%	0.04%	0.04%
VTR	C	0.12%	0.08%	0.08%
WMT	A	0.75%	1.18%	0.75%
WSM	B	0.11%	0.06%	0.06%
WYNN	D	0.05%	0.02%	0.02%
ZM	B	0.1%	0.06%	0.06%

FLSP Overweight 89 Positions Relative to GLBL

Symbol	Grade	Weight
BKNG	A	0.87%
T	A	0.63%
GILD	C	0.61%
ABBV	D	0.59%
BMY	B	0.59%
UBER	D	0.49%
VRTX	F	0.49%
NVS	D	0.48%
EOG	A	0.44%
MMM	D	0.41%
GM	B	0.36%
CL	D	0.36%
CTAS	B	0.35%
RTX	C	0.34%
TMO	F	0.34%
FICO	B	0.34%
AFL	B	0.33%
REGN	F	0.33%
CSX	B	0.31%
VST	B	0.29%
LNG	B	0.29%
MPC	D	0.27%
FDX	B	0.27%
CMI	A	0.25%
VLO	C	0.25%
KMB	D	0.23%
PH	A	0.23%
A	D	0.23%
PSX	C	0.23%
BCS	C	0.23%
CPRT	A	0.22%
MET	A	0.21%
AIG	B	0.21%
HIG	B	0.19%
SE	B	0.18%
IQV	D	0.17%
LULU	C	0.16%
ADM	D	0.16%
DECK	A	0.16%
IR	B	0.16%
MTD	D	0.15%
WAT	B	0.14%
PCAR	B	0.14%
NUE	C	0.14%
AWK	D	0.13%
DVN	F	0.13%
LDOS	C	0.13%
PG	A	0.13%
LIN	D	0.13%
K	A	0.12%
NRG	B	0.12%
BR	A	0.12%
CSL	C	0.11%
PKG	A	0.11%
LII	A	0.11%
STLD	B	0.11%
LYB	F	0.11%
PHM	D	0.11%
MRO	B	0.1%
EL	F	0.1%
MAS	D	0.1%
RS	B	0.1%
CF	B	0.1%
UTHR	C	0.1%
BLDR	D	0.1%
SNA	A	0.1%
FE	C	0.1%
L	A	0.09%
ROL	B	0.09%
VTRS	A	0.09%
SSNC	B	0.09%
TXT	D	0.09%
OC	A	0.09%
EXPD	D	0.09%
AVTR	F	0.08%
OVV	B	0.08%
CHRW	C	0.08%
NBIX	C	0.08%
PAYC	B	0.07%
TAP	C	0.07%
INCY	C	0.07%
BG	F	0.07%
CHKP	D	0.06%
RPRX	D	0.06%
AIZ	A	0.06%
RPM	A	0.05%
AER	B	0.05%
MOS	F	0.05%
HII	D	0.04%

FLSP Underweight 186 Positions Relative to GLBL

Symbol	Grade	Weight
AMZN	C	-5.62%
AAPL	C	-4.65%
GOOGL	C	-3.27%
AVGO	D	-2.4%
BRK.A	B	-1.98%
UNH	C	-1.71%
V	A	-1.52%
COST	B	-1.31%
ORCL	B	-0.98%
CSCO	B	-0.74%
MCD	D	-0.7%
AMD	F	-0.69%
ACN	C	-0.69%
ABT	B	-0.62%
IBM	C	-0.59%
DIS	B	-0.58%
TXN	C	-0.58%
ISRG	A	-0.57%
GS	A	-0.56%
TM	D	-0.55%
AXP	A	-0.54%
LOW	D	-0.51%
SPGI	C	-0.48%
BLK	C	-0.48%
UL	D	-0.44%
SYK	C	-0.41%
BSX	B	-0.4%
FI	A	-0.4%
PANW	C	-0.38%
BX	A	-0.38%
PLTR	B	-0.38%
SCHW	B	-0.37%
LRCX	F	-0.35%
ADI	D	-0.35%
SBUX	A	-0.35%
MU	D	-0.35%
INTC	D	-0.33%
PLD	D	-0.33%
ANET	C	-0.32%
KLAC	D	-0.3%
TD	F	-0.3%
KKR	A	-0.29%
ELV	F	-0.29%
ORLY	B	-0.29%
ICE	C	-0.29%
MCK	B	-0.29%
CME	A	-0.27%
AMT	D	-0.27%
CMG	B	-0.25%
WELL	A	-0.25%
CRWD	B	-0.24%
MRVL	B	-0.23%
CVS	D	-0.22%
BDX	F	-0.22%
COF	B	-0.22%
MCO	B	-0.22%
EQIX	A	-0.21%
COIN	C	-0.2%
ROP	B	-0.2%
MAR	B	-0.2%
ABNB	C	-0.19%
APO	B	-0.19%
WDAY	B	-0.19%
HLT	A	-0.18%
TTD	B	-0.18%
CNI	D	-0.18%
NXPI	D	-0.18%
DLR	B	-0.17%
PSA	D	-0.16%
O	D	-0.16%
HUBS	A	-0.16%
DASH	A	-0.16%
MSTR	C	-0.15%
HUM	C	-0.14%
SQ	B	-0.14%
MPWR	F	-0.14%
MSCI	C	-0.14%
CCI	D	-0.14%
DELL	C	-0.13%
YUM	B	-0.13%
IT	C	-0.13%
ROST	C	-0.13%
EXR	D	-0.12%
HMC	F	-0.12%
GEHC	F	-0.12%
TEAM	A	-0.12%
DDOG	A	-0.12%
GLW	B	-0.12%
SNOW	C	-0.12%
DFS	B	-0.12%
EW	C	-0.12%
IRM	D	-0.11%
MCHP	D	-0.11%
RMD	C	-0.11%
NDAQ	A	-0.11%
RJF	A	-0.11%
CHTR	C	-0.1%
DXCM	D	-0.09%
TTWO	A	-0.09%
HPE	B	-0.09%
CDW	F	-0.09%
EQR	B	-0.09%
NET	B	-0.09%
ULTA	F	-0.09%
ZBRA	B	-0.09%
MAA	B	-0.08%
SYF	B	-0.08%
ZBH	C	-0.08%
ARES	A	-0.08%
DRI	B	-0.08%
GPN	B	-0.08%
TSCO	D	-0.07%
MDB	C	-0.07%
WBD	C	-0.07%
ESS	B	-0.07%
WY	D	-0.07%
OMC	C	-0.07%
KEYS	A	-0.07%
LPLA	A	-0.07%
RBLX	C	-0.07%
CCL	B	-0.07%
PINS	D	-0.06%
TDY	B	-0.06%
FDS	B	-0.06%
LH	C	-0.06%
GPC	D	-0.06%
EPAM	C	-0.06%
WDC	D	-0.06%
DKNG	B	-0.06%
SUI	D	-0.06%
TW	A	-0.06%
BURL	A	-0.06%
PODD	C	-0.06%
INVH	D	-0.06%
TFX	F	-0.05%
DOC	D	-0.05%
DLTR	F	-0.05%
PSTG	D	-0.05%
TOST	B	-0.05%
SMCI	F	-0.05%
ENTG	D	-0.05%
ZS	C	-0.05%
ALGN	D	-0.05%
ARE	D	-0.05%
TRMB	B	-0.05%
SBAC	D	-0.05%
STE	F	-0.05%
KIM	A	-0.05%
HOOD	B	-0.05%
BAX	D	-0.05%
DG	F	-0.05%
ROKU	D	-0.04%
AMH	D	-0.04%
JNPR	F	-0.04%
CG	A	-0.04%
LKQ	D	-0.04%
KMX	B	-0.04%
SNAP	C	-0.04%
OKTA	C	-0.04%
DVA	B	-0.04%
IOT	A	-0.04%
BXP	D	-0.04%
H	B	-0.04%
DGX	A	-0.04%
HST	C	-0.04%
WPC	D	-0.04%
JKHY	D	-0.04%
POOL	C	-0.04%
AKAM	D	-0.04%
FSLR	F	-0.04%
ENPH	F	-0.03%
CPT	B	-0.03%
HSIC	B	-0.03%
SOLV	C	-0.03%
NWSA	B	-0.03%
ELS	C	-0.03%
IPG	D	-0.03%
ALLY	C	-0.03%
QRVO	F	-0.02%
BEN	C	-0.02%
FOX	A	-0.02%
PARA	C	-0.02%
WBA	F	-0.02%
AGCO	D	-0.02%
BBWI	D	-0.02%
BSY	D	-0.02%