FLSP vs. ONEV ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to SPDR Russell 1000 Low Volatility Focus ETF (ONEV)

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

ONEV

SPDR Russell 1000 Low Volatility Focus ETF

ONEV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Low Volatility Focused Factor Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising low volatility characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$133.75

Average Daily Volume

4,833

Number of Holdings ^*

415

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	ONEV
30 Days	0.69%	4.10%
60 Days	0.06%	4.09%
90 Days	0.73%	5.47%
12 Months	6.54%	26.02%

78 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in ONEV	Overlap
A	D	0.23%	0.42%	0.23%
ACI	C	0.06%	0.19%	0.06%
ADM	D	0.16%	0.55%	0.16%
AIZ	A	0.06%	0.18%	0.06%
ANSS	B	0.14%	0.29%	0.14%
AVB	B	0.13%	0.26%	0.13%
AWK	D	0.13%	0.16%	0.13%
BBY	D	0.11%	0.72%	0.11%
BG	F	0.07%	0.17%	0.07%
BMY	B	0.59%	1.44%	0.59%
BR	A	0.12%	0.45%	0.12%
CAH	B	0.12%	1.07%	0.12%
CBOE	B	0.12%	0.65%	0.12%
CF	B	0.1%	0.19%	0.1%
CHRW	C	0.08%	0.11%	0.08%
CL	D	0.36%	0.25%	0.25%
CMI	A	0.25%	0.71%	0.25%
CNC	D	0.13%	0.63%	0.13%
COR	B	0.04%	0.67%	0.04%
CPAY	A	0.12%	0.24%	0.12%
CSL	C	0.11%	0.19%	0.11%
CSX	B	0.31%	0.27%	0.27%
CTSH	B	0.21%	1.46%	0.21%
DPZ	C	0.08%	0.18%	0.08%
EA	A	0.23%	0.79%	0.23%
EBAY	D	0.18%	0.64%	0.18%
EXPD	D	0.09%	0.38%	0.09%
FDX	B	0.27%	0.27%	0.27%
FE	C	0.1%	0.19%	0.1%
FFIV	B	0.08%	0.51%	0.08%
FOXA	B	0.07%	0.36%	0.07%
GDDY	A	0.15%	0.32%	0.15%
GEN	B	0.1%	0.27%	0.1%
GILD	C	0.61%	0.88%	0.61%
HIG	B	0.19%	0.26%	0.19%
HII	D	0.04%	0.24%	0.04%
HOLX	D	0.11%	0.21%	0.11%
INCY	C	0.07%	0.41%	0.07%
JBL	B	0.1%	0.45%	0.1%
K	A	0.12%	0.39%	0.12%
KMB	D	0.23%	0.42%	0.23%
KR	B	0.24%	0.57%	0.24%
L	A	0.09%	0.22%	0.09%
LDOS	C	0.13%	0.54%	0.13%
LII	A	0.11%	0.17%	0.11%
MAS	D	0.1%	0.33%	0.1%
MKTX	D	0.06%	0.18%	0.06%
MOH	F	0.1%	0.32%	0.1%
MTD	D	0.15%	0.16%	0.15%
NBIX	C	0.08%	0.11%	0.08%
NRG	B	0.12%	0.13%	0.12%
NTAP	C	0.16%	0.54%	0.16%
NUE	C	0.14%	0.34%	0.14%
OC	A	0.09%	0.21%	0.09%
PCAR	B	0.14%	0.48%	0.14%
PHM	D	0.11%	0.28%	0.11%
PKG	A	0.11%	0.32%	0.11%
ROL	B	0.09%	0.21%	0.09%
RPM	A	0.05%	0.24%	0.05%
RPRX	D	0.06%	0.36%	0.06%
RS	B	0.1%	0.64%	0.1%
SEIC	B	0.06%	0.3%	0.06%
SNA	A	0.1%	0.55%	0.1%
SSNC	B	0.09%	0.17%	0.09%
STLD	B	0.11%	0.23%	0.11%
SWKS	F	0.08%	0.49%	0.08%
SYY	B	0.15%	0.23%	0.15%
TAP	C	0.07%	0.25%	0.07%
TGT	F	0.19%	0.47%	0.19%
TROW	B	0.16%	0.61%	0.16%
TXT	D	0.09%	0.19%	0.09%
UDR	B	0.09%	0.18%	0.09%
UHS	D	0.07%	0.18%	0.07%
UTHR	C	0.1%	0.61%	0.1%
VICI	C	0.19%	0.27%	0.19%
VRSN	F	0.1%	0.58%	0.1%
VST	B	0.29%	0.24%	0.24%
VTRS	A	0.09%	0.29%	0.09%

FLSP Overweight 105 Positions Relative to ONEV

Symbol	Grade	Weight
ADBE	C	0.91%
BKNG	A	0.87%
QCOM	F	0.83%
MA	C	0.77%
WMT	A	0.75%
NOW	A	0.75%
TJX	A	0.75%
CRM	B	0.7%
INTU	C	0.68%
AMAT	F	0.66%
T	A	0.63%
NVDA	C	0.62%
MDT	D	0.6%
ABBV	D	0.59%
MSFT	F	0.57%
UBER	D	0.49%
VRTX	F	0.49%
NVS	D	0.48%
MSI	B	0.48%
PYPL	B	0.45%
META	D	0.45%
NFLX	A	0.45%
EOG	A	0.44%
CMCSA	B	0.42%
MMM	D	0.41%
ADSK	A	0.36%
HCA	F	0.36%
GM	B	0.36%
SPG	B	0.35%
CTAS	B	0.35%
RTX	C	0.34%
TMO	F	0.34%
FICO	B	0.34%
AFL	B	0.33%
REGN	F	0.33%
FTNT	C	0.32%
CDNS	B	0.32%
APP	B	0.31%
BK	A	0.31%
LNG	B	0.29%
HD	A	0.28%
MPC	D	0.27%
FIS	C	0.26%
VLO	C	0.25%
PH	A	0.23%
PSX	C	0.23%
BCS	C	0.23%
CI	F	0.22%
CPRT	A	0.22%
AMP	A	0.22%
RCL	A	0.21%
MET	A	0.21%
AIG	B	0.21%
SNPS	B	0.2%
HPQ	B	0.2%
SE	B	0.18%
APH	A	0.18%
IQV	D	0.17%
STT	A	0.17%
LULU	C	0.16%
DECK	A	0.16%
IR	B	0.16%
MELI	D	0.16%
MS	A	0.15%
WAT	B	0.14%
EXPE	B	0.14%
IDXX	F	0.14%
DVN	F	0.13%
PG	A	0.13%
LIN	D	0.13%
TYL	B	0.13%
VTR	C	0.12%
NTRS	A	0.12%
LYV	A	0.12%
VEEV	C	0.12%
STX	D	0.11%
GOOG	C	0.11%
WSM	B	0.11%
LVS	C	0.11%
LYB	F	0.11%
MRO	B	0.1%
EL	F	0.1%
BLDR	D	0.1%
PTC	A	0.1%
DOCU	A	0.1%
ZM	B	0.1%
TWLO	A	0.09%
EQH	B	0.09%
MANH	D	0.09%
AVTR	F	0.08%
DT	C	0.08%
OVV	B	0.08%
REG	B	0.08%
PAYC	B	0.07%
DKS	C	0.07%
GLPI	C	0.07%
MTCH	D	0.06%
CHKP	D	0.06%
TER	D	0.06%
AER	B	0.05%
WYNN	D	0.05%
MGM	D	0.05%
MOS	F	0.05%
CRBG	B	0.05%
ON	D	0.04%

FLSP Underweight 337 Positions Relative to ONEV

Symbol	Grade	Weight
ACGL	D	-0.93%
HUM	C	-0.75%
ORLY	B	-0.73%
AZO	C	-0.7%
MCK	B	-0.7%
CINF	A	-0.69%
ATO	A	-0.64%
PSA	D	-0.64%
FAST	B	-0.63%
HPE	B	-0.59%
MO	A	-0.59%
EG	C	-0.57%
KVUE	A	-0.57%
AON	A	-0.56%
LH	C	-0.55%
CASY	A	-0.54%
CHTR	C	-0.54%
GPC	D	-0.54%
XEL	A	-0.53%
ETR	B	-0.52%
GRMN	B	-0.51%
OMC	C	-0.5%
FDS	B	-0.49%
GEHC	F	-0.49%
TSCO	D	-0.49%
RNR	C	-0.48%
MKL	A	-0.47%
IP	B	-0.47%
GWW	B	-0.42%
NVR	D	-0.42%
JNPR	F	-0.41%
DGX	A	-0.39%
AEE	A	-0.39%
WRB	A	-0.38%
PEG	A	-0.38%
SRE	A	-0.37%
LUV	C	-0.37%
POOL	C	-0.37%
ALSN	B	-0.37%
INGR	B	-0.36%
DOX	D	-0.36%
TRV	B	-0.36%
KEYS	A	-0.35%
AMCR	D	-0.35%
EXC	C	-0.35%
GIS	D	-0.35%
WEC	A	-0.35%
SOLV	C	-0.34%
J	F	-0.34%
ITW	B	-0.34%
DG	F	-0.33%
BRO	B	-0.33%
YUM	B	-0.33%
PAYX	C	-0.33%
BJ	A	-0.33%
EME	C	-0.32%
MSCI	C	-0.32%
EVRG	A	-0.32%
DHI	D	-0.32%
CACI	D	-0.32%
ED	D	-0.31%
CTRA	B	-0.31%
MAA	B	-0.31%
D	C	-0.31%
SCI	B	-0.3%
HRB	D	-0.3%
CBRE	B	-0.3%
CUBE	D	-0.3%
CLX	B	-0.3%
HLI	B	-0.3%
CHE	D	-0.3%
WST	C	-0.29%
GGG	B	-0.29%
CMS	C	-0.29%
BWA	D	-0.29%
CVS	D	-0.29%
AKAM	D	-0.29%
JAZZ	B	-0.28%
NI	A	-0.28%
AEP	D	-0.28%
OTIS	C	-0.28%
RHI	B	-0.28%
LECO	B	-0.28%
WTW	B	-0.27%
MUSA	A	-0.27%
HSY	F	-0.27%
NOC	D	-0.27%
GNTX	C	-0.26%
DCI	B	-0.26%
JBHT	C	-0.26%
G	B	-0.26%
OGE	B	-0.26%
VRSK	A	-0.26%
RLI	B	-0.26%
EHC	B	-0.26%
GL	B	-0.26%
CNP	B	-0.25%
PPL	B	-0.25%
DBX	B	-0.25%
AOS	F	-0.25%
ROK	B	-0.25%
IPG	D	-0.25%
EQR	B	-0.24%
WSO	A	-0.24%
LSTR	D	-0.24%
PNW	B	-0.24%
RL	B	-0.24%
EIX	B	-0.24%
SBAC	D	-0.24%
ALLE	D	-0.23%
ATR	B	-0.23%
IEX	B	-0.23%
ZBH	C	-0.23%
SJM	D	-0.23%
SAIC	F	-0.23%
PRI	A	-0.22%
ELS	C	-0.22%
AMG	B	-0.22%
BAH	F	-0.22%
CPT	B	-0.22%
EMN	D	-0.21%
DTM	B	-0.21%
CHD	B	-0.21%
PPG	F	-0.21%
SKX	D	-0.21%
JKHY	D	-0.21%
CPB	D	-0.2%
NFG	A	-0.2%
AME	A	-0.2%
DVA	B	-0.2%
LNT	A	-0.2%
CAG	D	-0.2%
WY	D	-0.2%
WPC	D	-0.2%
EXEL	B	-0.19%
FOX	A	-0.19%
MAT	D	-0.19%
NYT	C	-0.19%
DTE	C	-0.19%
ACM	A	-0.19%
STE	F	-0.19%
DLTR	F	-0.19%
ORI	A	-0.18%
CNM	D	-0.18%
SIRI	C	-0.18%
MNST	C	-0.18%
NDAQ	A	-0.18%
RSG	A	-0.18%
FTV	C	-0.18%
MTG	C	-0.18%
ODFL	B	-0.18%
VVV	F	-0.18%
DOV	A	-0.18%
MKC	D	-0.18%
AYI	B	-0.17%
VFC	C	-0.17%
BWXT	B	-0.17%
KNSL	B	-0.17%
KNX	B	-0.17%
EXP	A	-0.17%
LPLA	A	-0.17%
ITT	A	-0.17%
OSK	B	-0.17%
AVY	D	-0.17%
MTN	C	-0.17%
FR	C	-0.17%
LAMR	D	-0.17%
LOPE	B	-0.17%
CRUS	D	-0.16%
SSD	D	-0.16%
FCNCA	A	-0.16%
RGLD	C	-0.16%
TW	A	-0.16%
JHG	A	-0.16%
KHC	F	-0.16%
GPK	C	-0.16%
HST	C	-0.16%
PSN	D	-0.15%
CCK	C	-0.15%
SYF	B	-0.15%
QGEN	D	-0.15%
FCN	D	-0.15%
CTVA	C	-0.15%
TSN	B	-0.15%
BAX	D	-0.15%
WHR	B	-0.15%
DLB	B	-0.15%
LEA	D	-0.14%
CIEN	B	-0.14%
SON	D	-0.14%
IDA	A	-0.14%
AGCO	D	-0.14%
PNR	A	-0.14%
EVR	B	-0.14%
MSM	C	-0.14%
VMC	B	-0.14%
CW	B	-0.14%
POST	C	-0.13%
BERY	B	-0.13%
WU	D	-0.13%
ES	D	-0.13%
CE	F	-0.13%
BALL	D	-0.13%
TTC	D	-0.13%
VMI	B	-0.13%
WTRG	B	-0.13%
NEU	C	-0.13%
ESS	B	-0.13%
LKQ	D	-0.13%
AAON	B	-0.12%
SNX	C	-0.12%
HRL	D	-0.12%
AMH	D	-0.12%
FIX	A	-0.12%
EGP	F	-0.12%
FLO	D	-0.12%
TXRH	C	-0.12%
COKE	C	-0.12%
NWSA	B	-0.12%
PII	D	-0.12%
HUBB	B	-0.12%
CR	A	-0.12%
FYBR	D	-0.11%
MSGS	A	-0.11%
TFX	F	-0.11%
AWI	A	-0.11%
NNN	D	-0.11%
LBRDK	C	-0.11%
IBKR	A	-0.11%
TECH	D	-0.1%
MAN	D	-0.1%
AXS	A	-0.1%
PINC	B	-0.1%
RYN	D	-0.1%
SLGN	A	-0.1%
COLM	B	-0.1%
VNT	B	-0.1%
AGO	B	-0.09%
TDY	B	-0.09%
GXO	B	-0.09%
QRVO	F	-0.09%
PRGO	B	-0.09%
UGI	A	-0.09%
ALK	C	-0.08%
NWL	B	-0.08%
UHAL	D	-0.08%
BRKR	D	-0.08%
STAG	F	-0.08%
NDSN	B	-0.08%
AFG	A	-0.08%
ARW	D	-0.08%
AXTA	A	-0.08%
FBIN	D	-0.08%
R	B	-0.08%
BRBR	A	-0.08%
IPGP	D	-0.07%
ASH	D	-0.07%
TTEK	F	-0.07%
HSIC	B	-0.07%
MDU	D	-0.07%
KEX	C	-0.07%
NXST	C	-0.07%
CRI	D	-0.07%
CBSH	A	-0.07%
CRL	C	-0.07%
CHH	A	-0.07%
VOYA	B	-0.07%
OGN	D	-0.07%
DNB	B	-0.06%
CXT	B	-0.06%
ESI	A	-0.06%
ESAB	B	-0.06%
XRAY	F	-0.06%
AAP	C	-0.06%
BC	C	-0.06%
PB	A	-0.06%
CNH	C	-0.06%
MORN	B	-0.06%
NSA	D	-0.06%
LFUS	F	-0.06%
SN	D	-0.06%
SITE	D	-0.06%
FLS	B	-0.06%
BEN	C	-0.06%
GO	C	-0.06%
ADC	B	-0.06%
VSTS	C	-0.06%
WH	B	-0.05%
TKR	D	-0.05%
FTRE	D	-0.05%
OZK	B	-0.05%
MSA	D	-0.05%
DINO	D	-0.05%
SNDR	B	-0.05%
REYN	D	-0.05%
WBA	F	-0.05%
KRC	C	-0.05%
CWEN	C	-0.04%
CGNX	C	-0.04%
SAM	C	-0.04%
AGR	B	-0.04%
WSC	D	-0.04%
FIVE	F	-0.04%
AMED	F	-0.04%
IRDM	D	-0.04%
BFAM	D	-0.04%
NWS	B	-0.04%
THG	A	-0.04%
FAF	A	-0.04%
AES	F	-0.04%
MIDD	C	-0.04%
FMC	D	-0.04%
LEG	F	-0.04%
HIW	D	-0.04%
WWD	B	-0.04%
EEFT	B	-0.04%
HUN	F	-0.04%
PAG	B	-0.03%
WLK	D	-0.03%
VIRT	B	-0.03%
HOG	D	-0.03%
GTES	A	-0.03%
OLLI	D	-0.03%
NVST	B	-0.03%
CWEN	C	-0.02%
LBRDA	C	-0.02%
ST	F	-0.02%
CNA	B	-0.02%
SEE	C	-0.02%
FHB	A	-0.02%
PPC	C	-0.02%
CACC	D	-0.02%
TNL	A	-0.02%
SEB	F	-0.02%
UAA	C	-0.01%
UHAL	D	-0.01%
UA	C	-0.01%