FLSP vs. SMIZ ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to Zacks Small/Mid Cap ETF (SMIZ)

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

SMIZ

Zacks Small/Mid Cap ETF

SMIZ Description

The fund seeks to generate positive risk-adjusted returns (positive rate of return after adjustment for the amount of risk taken) by, under normal circumstances, investing at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of small and midsize companies listed on U.S. stock exchanges or derivatives linked to such securities.

Grade (RS Rating)

Last Trade

$36.24

Average Daily Volume

15,943

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	SMIZ
30 Days	0.69%	8.64%
60 Days	0.06%	10.03%
90 Days	0.73%	11.78%
12 Months	6.54%	39.20%

29 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in SMIZ	Overlap
AFL	B	0.33%	0.15%	0.15%
AIZ	A	0.06%	0.22%	0.06%
APH	A	0.18%	0.54%	0.18%
AWK	D	0.13%	0.27%	0.13%
CBOE	B	0.12%	0.35%	0.12%
CHRW	C	0.08%	0.42%	0.08%
CSL	C	0.11%	0.38%	0.11%
DOCU	A	0.1%	0.33%	0.1%
EXPD	D	0.09%	0.38%	0.09%
FTNT	C	0.32%	0.33%	0.32%
HIG	B	0.19%	0.57%	0.19%
HOLX	D	0.11%	0.37%	0.11%
IR	B	0.16%	0.62%	0.16%
LDOS	C	0.13%	0.41%	0.13%
LNG	B	0.29%	0.9%	0.29%
MGM	D	0.05%	0.0%	0.0%
NTAP	C	0.16%	0.93%	0.16%
NTRS	A	0.12%	1.06%	0.12%
PHM	D	0.11%	0.53%	0.11%
PKG	A	0.11%	0.46%	0.11%
RCL	A	0.21%	0.66%	0.21%
SEIC	B	0.06%	0.77%	0.06%
TAP	C	0.07%	0.42%	0.07%
TROW	B	0.16%	0.81%	0.16%
TWLO	A	0.09%	0.56%	0.09%
TXT	D	0.09%	0.38%	0.09%
UHS	D	0.07%	0.27%	0.07%
VST	B	0.29%	0.01%	0.01%
ZM	B	0.1%	0.21%	0.1%

FLSP Overweight 154 Positions Relative to SMIZ

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%
GILD	C	0.61%
MDT	D	0.6%
ABBV	D	0.59%
BMY	B	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%
CL	D	0.36%
SPG	B	0.35%
CTAS	B	0.35%
RTX	C	0.34%
TMO	F	0.34%
FICO	B	0.34%
REGN	F	0.33%
CDNS	B	0.32%
APP	B	0.31%
CSX	B	0.31%
BK	A	0.31%
HD	A	0.28%
MPC	D	0.27%
FDX	B	0.27%
FIS	C	0.26%
CMI	A	0.25%
VLO	C	0.25%
KR	B	0.24%
KMB	D	0.23%
PH	A	0.23%
A	D	0.23%
PSX	C	0.23%
EA	A	0.23%
BCS	C	0.23%
CI	F	0.22%
CPRT	A	0.22%
AMP	A	0.22%
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%
EBAY	D	0.18%
SE	B	0.18%
IQV	D	0.17%
STT	A	0.17%
LULU	C	0.16%
ADM	D	0.16%
DECK	A	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%
PCAR	B	0.14%
EXPE	B	0.14%
IDXX	F	0.14%
NUE	C	0.14%
CNC	D	0.13%
DVN	F	0.13%
AVB	B	0.13%
PG	A	0.13%
LIN	D	0.13%
TYL	B	0.13%
K	A	0.12%
VTR	C	0.12%
CAH	B	0.12%
NRG	B	0.12%
CPAY	A	0.12%
LYV	A	0.12%
BR	A	0.12%
VEEV	C	0.12%
BBY	D	0.11%
STX	D	0.11%
LII	A	0.11%
STLD	B	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%
JBL	B	0.1%
MAS	D	0.1%
MOH	F	0.1%
RS	B	0.1%
CF	B	0.1%
UTHR	C	0.1%
VRSN	F	0.1%
BLDR	D	0.1%
PTC	A	0.1%
SNA	A	0.1%
FE	C	0.1%
GEN	B	0.1%
UDR	B	0.09%
L	A	0.09%
ROL	B	0.09%
VTRS	A	0.09%
EQH	B	0.09%
SSNC	B	0.09%
OC	A	0.09%
MANH	D	0.09%
AVTR	F	0.08%
DT	C	0.08%
OVV	B	0.08%
FFIV	B	0.08%
REG	B	0.08%
SWKS	F	0.08%
DPZ	C	0.08%
NBIX	C	0.08%
PAYC	B	0.07%
FOXA	B	0.07%
DKS	C	0.07%
INCY	C	0.07%
BG	F	0.07%
GLPI	C	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%
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 177 Positions Relative to SMIZ

Symbol	Grade	Weight
EME	C	-1.8%
BRBR	A	-1.22%
SLVM	B	-1.1%
PRA	C	-1.08%
MCY	A	-1.06%
PODD	C	-1.04%
ADMA	B	-1.03%
CBSH	A	-0.97%
COFS	A	-0.96%
KW	B	-0.95%
MUSA	A	-0.95%
SNV	B	-0.95%
DDOG	A	-0.95%
CWT	D	-0.94%
FISI	A	-0.91%
RYAN	B	-0.88%
FLS	B	-0.88%
ANET	C	-0.88%
PRM	C	-0.88%
FULT	A	-0.88%
LRN	A	-0.86%
MCK	B	-0.84%
WMB	A	-0.83%
GWRE	A	-0.8%
ALX	D	-0.8%
TOL	B	-0.77%
CBAN	B	-0.76%
ICUI	D	-0.75%
NRIM	A	-0.75%
IBKR	A	-0.73%
TMHC	B	-0.72%
RMBS	C	-0.71%
CEG	D	-0.71%
NI	A	-0.7%
AYI	B	-0.69%
HHH	B	-0.68%
SOFI	A	-0.67%
PK	B	-0.66%
FIX	A	-0.65%
CHCO	B	-0.64%
BMI	B	-0.63%
YEXT	A	-0.63%
TTWO	A	-0.62%
HQY	B	-0.62%
CINF	A	-0.62%
MEDP	D	-0.62%
OHI	C	-0.61%
VMI	B	-0.61%
BSRR	B	-0.61%
WTS	B	-0.59%
IFF	D	-0.58%
EIX	B	-0.57%
COIN	C	-0.57%
HUBB	B	-0.57%
GLW	B	-0.57%
BMRC	B	-0.57%
VECO	F	-0.56%
UAL	A	-0.56%
JHG	A	-0.55%
ANF	C	-0.55%
VAL	D	-0.55%
KREF	D	-0.54%
NCLH	B	-0.54%
ALRS	D	-0.53%
FLR	B	-0.51%
ALTR	B	-0.51%
MASI	A	-0.5%
MATX	C	-0.5%
WING	D	-0.5%
UNM	A	-0.5%
WEAV	B	-0.48%
ARVN	D	-0.48%
ZBRA	B	-0.48%
PRI	A	-0.48%
SPT	C	-0.47%
IRDM	D	-0.47%
MHO	D	-0.46%
RMD	C	-0.46%
PSTL	D	-0.45%
ITT	A	-0.44%
NWPX	A	-0.44%
CMTG	F	-0.43%
WAB	B	-0.43%
DX	B	-0.42%
JANX	C	-0.42%
SIRI	C	-0.42%
AOSL	C	-0.42%
DUOL	A	-0.42%
ICFI	F	-0.4%
GTLB	B	-0.4%
POWL	C	-0.4%
CSR	B	-0.39%
UIS	B	-0.39%
BTU	B	-0.38%
BAH	F	-0.38%
CRS	A	-0.38%
KRYS	B	-0.37%
HY	D	-0.37%
HCAT	D	-0.36%
KBH	D	-0.36%
APPF	B	-0.36%
VCYT	B	-0.36%
DRI	B	-0.35%
KKR	A	-0.35%
ILMN	D	-0.35%
TRU	D	-0.34%
URBN	C	-0.34%
GRBK	D	-0.34%
THC	D	-0.34%
SPSC	C	-0.34%
UI	A	-0.33%
OKTA	C	-0.33%
GAP	C	-0.33%
ROST	C	-0.32%
QLYS	C	-0.32%
CCS	D	-0.31%
ACGL	D	-0.31%
OMC	C	-0.31%
RDFN	D	-0.3%
RIOT	C	-0.3%
HSTM	B	-0.3%
HAE	C	-0.29%
COOP	B	-0.29%
RBB	B	-0.28%
LHX	C	-0.28%
FSLY	D	-0.26%
EVTC	B	-0.26%
ADUS	D	-0.26%
MTG	C	-0.26%
EPC	D	-0.26%
GNTY	A	-0.25%
HRB	D	-0.25%
PCVX	D	-0.24%
AZEK	A	-0.24%
GIII	D	-0.23%
MSGS	A	-0.23%
EVER	F	-0.23%
ALLO	F	-0.23%
INSP	D	-0.23%
HL	D	-0.22%
WASH	C	-0.22%
IRM	D	-0.22%
KMPR	B	-0.22%
NYT	C	-0.22%
PAHC	C	-0.22%
BRO	B	-0.21%
EXAS	D	-0.21%
VRSK	A	-0.21%
SN	D	-0.19%
STNE	F	-0.18%
AXS	A	-0.18%
TMDX	F	-0.17%
MKC	D	-0.17%
BMRN	D	-0.16%
PHR	F	-0.16%
OMCL	C	-0.16%
AEO	F	-0.13%
STKS	F	-0.12%
COUR	F	-0.12%
HRTX	F	-0.09%
RUN	F	-0.07%
SPCE	D	-0.04%
ZUO	B	-0.01%
AXTA	A	-0.01%
NPAB	B	-0.01%
ENR	B	-0.01%
DFH	D	-0.0%
CWCO	C	-0.0%
CPF	A	-0.0%
POST	C	-0.0%
OPCH	D	-0.0%
PARR	D	-0.0%
WMS	D	-0.0%
CARG	C	-0.0%
AGNC	D	-0.0%
TSN	B	-0.0%
ALKS	B	-0.0%