FLSP vs. RAFE ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to PIMCO RAFI ESG U.S. ETF (RAFE)

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

$24.13

Average Daily Volume

11,892

Number of Holdings ^*

180

* may have additional holdings in another (foreign) market

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$37.06

Average Daily Volume

2,708

Number of Holdings ^*

237

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	RAFE
30 Days	-0.60%	-1.25%
60 Days	-0.02%	2.10%
90 Days	1.11%	4.55%
12 Months	7.34%	22.98%

67 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in RAFE	Overlap
A	D	0.21%	0.13%	0.13%
ABBV	F	0.53%	1.26%	0.53%
ADBE	F	0.44%	0.5%	0.44%
ADM	D	0.13%	0.26%	0.13%
AMAT	F	0.75%	0.71%	0.71%
AMP	A	0.24%	0.2%	0.2%
AVB	A	0.14%	0.13%	0.13%
AWK	C	0.11%	0.1%	0.1%
BBY	C	0.09%	0.4%	0.09%
BK	A	0.25%	0.16%	0.16%
CAH	B	0.12%	0.24%	0.12%
CDNS	B	0.33%	0.1%	0.1%
CF	A	0.08%	0.12%	0.08%
CI	D	0.26%	1.09%	0.26%
CL	D	0.37%	0.29%	0.29%
CMCSA	B	0.45%	1.28%	0.45%
CMI	A	0.26%	0.16%	0.16%
CNC	F	0.14%	0.11%	0.11%
COR	B	0.04%	0.11%	0.04%
CRM	A	0.81%	0.49%	0.49%
CTSH	B	0.2%	0.15%	0.15%
EA	A	0.22%	0.23%	0.22%
EBAY	D	0.16%	0.33%	0.16%
EL	F	0.08%	0.09%	0.08%
ELV	F	0.37%	0.76%	0.37%
EQH	B	0.08%	0.05%	0.05%
FDX	A	0.29%	0.35%	0.29%
FIS	B	0.26%	0.29%	0.26%
FOXA	A	0.06%	0.15%	0.06%
GEN	B	0.09%	0.03%	0.03%
GILD	B	0.49%	0.87%	0.49%
GM	A	0.33%	1.79%	0.33%
HCA	D	0.26%	0.08%	0.08%
HD	A	0.3%	1.4%	0.3%
HIG	C	0.13%	0.21%	0.13%
HOLX	D	0.1%	0.08%	0.08%
HPQ	B	0.18%	0.58%	0.18%
K	B	0.1%	0.14%	0.1%
KMB	C	0.19%	0.23%	0.19%
LIN	D	0.14%	0.91%	0.14%
MA	A	0.84%	0.63%	0.63%
MET	A	0.22%	0.55%	0.22%
META	C	0.48%	0.98%	0.48%
MMM	D	0.38%	0.88%	0.38%
MOS	D	0.05%	0.17%	0.05%
MSFT	D	0.59%	4.52%	0.59%
MSI	A	0.42%	0.17%	0.17%
NTAP	D	0.14%	0.22%	0.14%
NVDA	B	0.63%	0.88%	0.63%
OC	A	0.08%	0.17%	0.08%
ON	F	0.03%	0.08%	0.03%
PG	C	0.11%	2.18%	0.11%
PKG	B	0.11%	0.12%	0.11%
PYPL	A	0.44%	0.51%	0.44%
QCOM	F	0.64%	1.29%	0.64%
SNPS	C	0.21%	0.07%	0.07%
STT	A	0.15%	0.21%	0.15%
SYY	D	0.17%	0.2%	0.17%
T	A	0.64%	1.86%	0.64%
TER	F	0.05%	0.08%	0.05%
TGT	D	0.25%	0.91%	0.25%
TJX	A	0.57%	0.38%	0.38%
TROW	A	0.14%	0.09%	0.09%
V	A	0.62%	0.86%	0.62%
VTR	C	0.12%	0.18%	0.12%
VTRS	A	0.08%	0.07%	0.07%
WAT	B	0.13%	0.09%	0.09%

FLSP Overweight 113 Positions Relative to RAFE

Symbol	Grade	Weight
NOW	B	0.81%
BKNG	A	0.79%
INTU	A	0.77%
WMT	A	0.74%
MDT	D	0.59%
VRTX	C	0.55%
UBER	C	0.52%
NVS	D	0.5%
TMO	D	0.38%
REGN	F	0.38%
CTAS	B	0.37%
CSX	B	0.34%
ADSK	B	0.32%
AFL	C	0.32%
FTNT	A	0.32%
SPG	A	0.31%
EOG	A	0.31%
FICO	A	0.3%
APP	A	0.28%
VST	A	0.27%
MPC	D	0.27%
PH	A	0.25%
LNG	A	0.25%
BCS	A	0.25%
CPRT	A	0.24%
PSX	C	0.24%
VLO	C	0.22%
KR	B	0.22%
AIG	B	0.22%
RCL	A	0.22%
APH	B	0.2%
IQV	F	0.19%
IR	A	0.18%
MELI	D	0.18%
SE	B	0.17%
LULU	C	0.17%
IDXX	F	0.16%
MS	A	0.16%
NUE	D	0.16%
GDDY	A	0.15%
VEEV	C	0.15%
PCAR	B	0.15%
DVN	F	0.14%
DECK	A	0.14%
LDOS	C	0.14%
MTD	F	0.14%
ANSS	B	0.14%
EXPE	A	0.13%
CPAY	A	0.13%
BR	A	0.13%
VICI	C	0.13%
STLD	B	0.12%
CSL	B	0.12%
TYL	B	0.12%
GOOG	B	0.12%
ZM	B	0.12%
PHM	D	0.12%
FE	C	0.11%
PTC	B	0.11%
BLDR	D	0.11%
UTHR	B	0.1%
LYV	A	0.1%
CBOE	D	0.1%
STX	D	0.1%
LII	B	0.1%
LVS	C	0.1%
LYB	F	0.1%
NRG	B	0.1%
MANH	D	0.09%
TXT	D	0.09%
MAS	D	0.09%
RS	B	0.09%
JBL	C	0.09%
VRSN	D	0.09%
TWLO	A	0.09%
SNA	A	0.09%
DOCU	A	0.09%
MOH	F	0.09%
UDR	C	0.08%
ROL	A	0.08%
SSNC	D	0.08%
MRO	A	0.08%
EXPD	D	0.08%
UHS	D	0.07%
REG	A	0.07%
CHRW	A	0.07%
FFIV	B	0.07%
DT	C	0.07%
INCY	B	0.07%
AIZ	A	0.07%
DPZ	C	0.07%
AVTR	F	0.07%
SWKS	F	0.07%
WSM	F	0.07%
NBIX	D	0.07%
L	A	0.07%
RPRX	F	0.06%
TAP	A	0.06%
PAYC	B	0.06%
DKS	D	0.06%
GLPI	D	0.06%
BG	D	0.06%
OVV	C	0.06%
CRBG	B	0.05%
ACI	C	0.05%
CHKP	D	0.05%
MTCH	F	0.05%
SEIC	A	0.05%
DINO	D	0.04%
HII	F	0.04%
WYNN	D	0.04%
AER	B	0.04%
MGM	D	0.04%

FLSP Underweight 170 Positions Relative to RAFE

Symbol	Grade	Weight
AAPL	C	-5.06%
JPM	A	-3.18%
C	A	-2.61%
JNJ	D	-2.55%
CSCO	B	-2.39%
INTC	C	-2.33%
WFC	A	-2.2%
PFE	F	-1.92%
BMY	B	-1.6%
IBM	D	-1.45%
MRK	F	-1.39%
ORCL	A	-1.33%
VZ	C	-1.29%
AVGO	C	-1.07%
AMGN	D	-0.98%
LOW	A	-0.95%
ABT	B	-0.93%
F	C	-0.92%
DIS	A	-0.85%
MU	D	-0.84%
GS	A	-0.8%
ACN	C	-0.78%
KO	D	-0.78%
TXN	C	-0.7%
BAC	A	-0.68%
LLY	F	-0.6%
HPE	B	-0.56%
AXP	A	-0.51%
UNH	B	-0.5%
DD	D	-0.48%
ALL	A	-0.46%
JCI	A	-0.45%
LRCX	F	-0.43%
DE	D	-0.43%
UPS	C	-0.42%
DOW	F	-0.42%
NKE	D	-0.4%
PRU	A	-0.4%
TSLA	B	-0.39%
DHR	D	-0.38%
ADP	B	-0.37%
TMUS	A	-0.37%
NEM	F	-0.36%
WM	B	-0.35%
IP	A	-0.34%
MCK	A	-0.34%
HUM	F	-0.33%
APD	A	-0.32%
CVS	F	-0.32%
ADI	D	-0.31%
WDC	F	-0.3%
CARR	D	-0.3%
CBRE	B	-0.3%
BDX	F	-0.27%
GIS	D	-0.26%
WELL	A	-0.26%
ITW	B	-0.25%
PEP	F	-0.24%
BIIB	F	-0.24%
MDLZ	F	-0.24%
MAR	A	-0.23%
LUMN	C	-0.22%
GEHC	D	-0.22%
FI	A	-0.22%
WY	D	-0.21%
ECL	D	-0.21%
CCI	D	-0.21%
PGR	B	-0.2%
EQIX	B	-0.19%
EIX	C	-0.19%
PARA	C	-0.18%
KLAC	F	-0.18%
JLL	C	-0.18%
PPG	F	-0.17%
KHC	F	-0.17%
WHR	A	-0.17%
VFC	B	-0.16%
PFG	C	-0.16%
JNPR	D	-0.16%
GWW	A	-0.15%
AMT	D	-0.15%
BAX	F	-0.15%
IRM	D	-0.15%
LH	B	-0.15%
SHW	B	-0.13%
EQR	C	-0.13%
BALL	D	-0.13%
MCO	C	-0.13%
DVA	C	-0.13%
DG	F	-0.12%
OMC	C	-0.12%
HLT	A	-0.12%
EW	C	-0.12%
ARW	D	-0.12%
KSS	F	-0.12%
ISRG	A	-0.11%
DELL	C	-0.11%
MRVL	B	-0.11%
ZTS	D	-0.11%
KDP	D	-0.11%
TPR	A	-0.11%
IFF	D	-0.1%
FAST	B	-0.1%
FITB	A	-0.1%
BSX	B	-0.09%
CDW	F	-0.09%
KEYS	C	-0.09%
TSCO	D	-0.09%
HST	D	-0.09%
PAYX	B	-0.09%
SWK	F	-0.09%
SYK	A	-0.09%
PVH	C	-0.09%
GAP	C	-0.09%
OTIS	D	-0.09%
DOX	D	-0.08%
AVT	C	-0.08%
WBA	F	-0.08%
SPGI	C	-0.08%
ILMN	C	-0.07%
LNC	A	-0.07%
LEA	F	-0.07%
LKQ	D	-0.07%
WAB	B	-0.07%
SOLV	C	-0.07%
SJM	F	-0.07%
USFD	B	-0.07%
HUN	F	-0.06%
CAG	F	-0.06%
NTRS	A	-0.06%
MAA	A	-0.06%
AKAM	F	-0.06%
DXC	C	-0.06%
NWSA	B	-0.06%
GPC	D	-0.06%
PLD	D	-0.06%
NFLX	A	-0.06%
DOV	A	-0.05%
KD	A	-0.05%
HSY	F	-0.05%
DGX	A	-0.05%
CHD	A	-0.05%
NDAQ	A	-0.05%
KIM	A	-0.05%
AMD	F	-0.05%
GT	C	-0.05%
TSN	A	-0.05%
MCHP	F	-0.05%
NWL	B	-0.04%
FLEX	B	-0.04%
ESS	A	-0.04%
ORLY	A	-0.04%
HAS	D	-0.04%
XRX	F	-0.04%
MHK	D	-0.04%
CTVA	D	-0.04%
ROK	A	-0.04%
CPB	D	-0.04%
HSIC	D	-0.04%
FL	F	-0.04%
WU	F	-0.03%
AAP	D	-0.03%
AGCO	D	-0.03%
OGN	F	-0.03%
RSG	B	-0.03%
ANET	C	-0.02%
MAN	F	-0.02%
M	C	-0.02%
HRL	D	-0.01%
O	D	-0.01%