FLSP vs. IYK ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to iShares U.S. Consumer Goods ETF (IYK)

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

$23.39

Average Daily Volume

13,025

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

IYK

iShares U.S. Consumer Goods ETF

IYK Description

The investment seeks to track the investment results of an index composed of U.S. equities in the consumer goods sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Consumer Goods Index (the "underlying index"), which measures the performance of the consumer goods sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.75

Average Daily Volume

96,832

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	IYK
30 Days	-1.78%	5.66%
60 Days	-1.04%	2.44%
90 Days	0.78%	6.32%
12 Months	10.57%	1.47%

11 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in IYK	Overlap
ACI	C	0.05%	0.39%	0.05%
BG	C	0.09%	0.7%	0.09%
CL	A	0.29%	3.48%	0.29%
CVS	F	0.27%	3.17%	0.27%
K	B	0.13%	0.73%	0.13%
KMB	C	0.34%	2.11%	0.34%
KR	D	0.23%	1.64%	0.23%
MNST	F	0.13%	1.88%	0.13%
PG	A	0.15%	17.35%	0.15%
SYY	D	0.23%	1.71%	0.23%
TAP	D	0.07%	0.47%	0.07%

FLSP Overweight 138 Positions Relative to IYK

Symbol	Grade	Weight
MA	D	1.18%
CRM	D	1.07%
INTU	C	1.03%
VZ	C	1.03%
NOW	D	0.99%
BKNG	B	0.92%
ELV	B	0.9%
QCOM	A	0.83%
MSFT	C	0.82%
V	C	0.78%
VRTX	B	0.77%
REGN	B	0.75%
BRK.A	C	0.73%
NVDA	B	0.73%
ABBV	D	0.67%
NVS	B	0.66%
AMGN	B	0.62%
ADBE	F	0.57%
GILD	F	0.57%
META	D	0.56%
CMCSA	D	0.55%
EOG	C	0.54%
AMAT	B	0.53%
MPC	D	0.49%
ACN	F	0.47%
PSX	D	0.47%
GM	B	0.45%
CSX	D	0.41%
CI	D	0.39%
FDX	D	0.37%
TJX	B	0.37%
HD	D	0.36%
VLO	D	0.32%
SNPS	C	0.29%
SPG	C	0.29%
STLA	D	0.29%
PH	B	0.28%
AFL	A	0.28%
CDNS	D	0.28%
BK	A	0.27%
IR	D	0.27%
ADSK	F	0.27%
TEL	A	0.27%
LNG	D	0.27%
NUE	D	0.26%
A	A	0.26%
TDG	C	0.26%
AMP	A	0.26%
CTAS	B	0.25%
CNC	B	0.25%
IDXX	C	0.25%
IQV	D	0.25%
LULU	F	0.24%
BCS	A	0.24%
PCAR	D	0.21%
CTSH	D	0.21%
VRSK	B	0.21%
RCL	B	0.2%
VEEV	D	0.19%
EA	F	0.19%
VICI	B	0.18%
LIN	D	0.18%
KKR	B	0.18%
NTAP	B	0.17%
AVB	A	0.17%
PHM	B	0.16%
LYB	C	0.16%
TROW	D	0.15%
EBAY	B	0.15%
AWK	C	0.15%
TGT	D	0.14%
BR	C	0.14%
STT	B	0.14%
IRM	B	0.14%
GOOG	B	0.14%
CAH	F	0.14%
FCNCA	B	0.13%
MOH	D	0.13%
PTC	D	0.13%
BLDR	D	0.13%
LDOS	A	0.12%
CBOE	D	0.12%
TYL	A	0.12%
STLD	D	0.12%
DPZ	C	0.11%
JBL	F	0.1%
PKG	D	0.1%
AIG	B	0.1%
EG	B	0.1%
LII	A	0.1%
MAS	D	0.1%
AVTR	C	0.1%
TXT	D	0.1%
RS	D	0.1%
EXPD	D	0.1%
ZM	D	0.09%
EXPE	F	0.09%
L	B	0.09%
VTRS	D	0.09%
SNA	D	0.09%
BBY	D	0.09%
HIG	B	0.09%
APP	B	0.09%
WST	F	0.09%
OC	A	0.09%
LYV	D	0.09%
RPRX	F	0.08%
DT	D	0.08%
ABNB	D	0.08%
CRL	D	0.08%
EQH	B	0.08%
UTHR	A	0.08%
NBIX	C	0.08%
HOLX	D	0.08%
MANH	F	0.08%
CF	D	0.08%
SSNC	B	0.08%
DOCU	B	0.07%
DINO	D	0.07%
GLPI	D	0.07%
MOS	F	0.07%
VST	B	0.06%
HII	D	0.06%
AIZ	D	0.06%
FOXA	B	0.06%
INCY	D	0.06%
FFIV	D	0.06%
DECK	C	0.05%
SEIC	D	0.05%
FICO	A	0.05%
MTCH	F	0.05%
RHI	F	0.05%
OTEX	F	0.05%
T	B	0.05%
PYPL	C	0.05%
CLF	F	0.05%
JAZZ	F	0.04%
CHKP	D	0.04%

FLSP Underweight 42 Positions Relative to IYK

Symbol	Grade	Weight
PEP	B	-10.92%
KO	A	-10.9%
PM	A	-6.91%
MDLZ	B	-4.25%
MO	A	-3.6%
MCK	B	-3.34%
STZ	D	-1.92%
CTVA	B	-1.87%
GIS	C	-1.82%
COR	D	-1.72%
KVUE	C	-1.63%
ADM	C	-1.52%
KDP	A	-1.48%
HSY	C	-1.37%
KHC	D	-1.31%
CHD	B	-1.2%
MKC	C	-0.87%
CLX	F	-0.8%
TSN	B	-0.76%
CAG	C	-0.67%
CASY	B	-0.57%
USFD	B	-0.57%
LW	F	-0.56%
WBA	F	-0.56%
CELH	C	-0.54%
SJM	F	-0.53%
PFGC	D	-0.5%
HRL	C	-0.47%
CPB	C	-0.4%
INGR	B	-0.36%
DAR	D	-0.33%
POST	B	-0.25%
FRPT	A	-0.24%
FLO	B	-0.22%
SPB	B	-0.13%
SAM	F	-0.12%
GO	F	-0.09%
KLG	C	-0.07%
PPC	A	-0.07%
REYN	B	-0.07%
SEB	C	-0.03%
OLPX	F	-0.01%