FLSP vs. SPDW ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to SPDR Portfolio World ex-US ETF (SPDW)

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 ^*

180

* may have additional holdings in another (foreign) market

SPDW

SPDR Portfolio World ex-US ETF

SPDW Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Developed Ex-U.S.BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in developed countries outside the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.28

Average Daily Volume

2,194,939

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	SPDW
30 Days	0.69%	-1.89%
60 Days	0.06%	-4.98%
90 Days	0.73%	-5.01%
12 Months	6.54%	12.20%

6 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in SPDW	Overlap
ABBV	D	0.53%	0.4%	0.4%
AER	B	0.04%	0.03%	0.03%
BCS	C	0.25%	0.2%	0.2%
CHKP	D	0.05%	0.1%	0.05%
NVS	D	0.5%	0.88%	0.5%
SE	B	0.17%	0.17%	0.17%

FLSP Overweight 174 Positions Relative to SPDW

Symbol	Grade	Weight
MA	C	0.84%
NOW	A	0.81%
CRM	B	0.81%
BKNG	A	0.79%
INTU	C	0.77%
AMAT	F	0.75%
WMT	A	0.74%
T	A	0.64%
QCOM	F	0.64%
NVDA	C	0.63%
V	A	0.62%
MDT	D	0.59%
MSFT	F	0.59%
TJX	A	0.57%
VRTX	F	0.55%
UBER	D	0.52%
GILD	C	0.49%
META	D	0.48%
CMCSA	B	0.45%
PYPL	B	0.44%
ADBE	C	0.44%
MSI	B	0.42%
TMO	F	0.38%
MMM	D	0.38%
REGN	F	0.38%
CL	D	0.37%
CTAS	B	0.37%
ELV	F	0.37%
CSX	B	0.34%
CDNS	B	0.33%
GM	B	0.33%
ADSK	A	0.32%
AFL	B	0.32%
FTNT	C	0.32%
SPG	B	0.31%
EOG	A	0.31%
HD	A	0.3%
FICO	B	0.3%
FDX	B	0.29%
APP	B	0.28%
VST	B	0.27%
MPC	D	0.27%
CI	F	0.26%
CMI	A	0.26%
FIS	C	0.26%
HCA	F	0.26%
PH	A	0.25%
BK	A	0.25%
LNG	B	0.25%
TGT	F	0.25%
CPRT	A	0.24%
PSX	C	0.24%
AMP	A	0.24%
EA	A	0.22%
VLO	C	0.22%
MET	A	0.22%
KR	B	0.22%
AIG	B	0.22%
RCL	A	0.22%
SNPS	B	0.21%
A	D	0.21%
APH	A	0.2%
CTSH	B	0.2%
KMB	D	0.19%
IQV	D	0.19%
IR	B	0.18%
HPQ	B	0.18%
MELI	D	0.18%
SYY	B	0.17%
LULU	C	0.17%
IDXX	F	0.16%
EBAY	D	0.16%
MS	A	0.16%
NUE	C	0.16%
GDDY	A	0.15%
VEEV	C	0.15%
PCAR	B	0.15%
STT	A	0.15%
DVN	F	0.14%
NTAP	C	0.14%
CNC	D	0.14%
AVB	B	0.14%
TROW	B	0.14%
LIN	D	0.14%
DECK	A	0.14%
LDOS	C	0.14%
MTD	D	0.14%
ANSS	B	0.14%
EXPE	B	0.13%
WAT	B	0.13%
HIG	B	0.13%
CPAY	A	0.13%
BR	A	0.13%
VICI	C	0.13%
ADM	D	0.13%
STLD	B	0.12%
CSL	C	0.12%
TYL	B	0.12%
GOOG	C	0.12%
ZM	B	0.12%
VTR	C	0.12%
CAH	B	0.12%
PHM	D	0.12%
AWK	D	0.11%
FE	C	0.11%
PTC	A	0.11%
PKG	A	0.11%
PG	A	0.11%
BLDR	D	0.11%
UTHR	C	0.1%
LYV	A	0.1%
CBOE	B	0.1%
STX	D	0.1%
LII	A	0.1%
HOLX	D	0.1%
LVS	C	0.1%
K	A	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	B	0.09%
VRSN	F	0.09%
TWLO	A	0.09%
SNA	A	0.09%
DOCU	A	0.09%
MOH	F	0.09%
BBY	D	0.09%
GEN	B	0.09%
UDR	B	0.08%
VTRS	A	0.08%
ROL	B	0.08%
SSNC	B	0.08%
OC	A	0.08%
CF	B	0.08%
EQH	B	0.08%
MRO	B	0.08%
EXPD	D	0.08%
EL	F	0.08%
UHS	D	0.07%
REG	B	0.07%
CHRW	C	0.07%
FFIV	B	0.07%
DT	C	0.07%
INCY	C	0.07%
AIZ	A	0.07%
DPZ	C	0.07%
AVTR	F	0.07%
SWKS	F	0.07%
WSM	B	0.07%
NBIX	C	0.07%
L	A	0.07%
RPRX	D	0.06%
FOXA	B	0.06%
TAP	C	0.06%
PAYC	B	0.06%
DKS	C	0.06%
GLPI	C	0.06%
BG	F	0.06%
OVV	B	0.06%
CRBG	B	0.05%
ACI	C	0.05%
MOS	F	0.05%
MTCH	D	0.05%
SEIC	B	0.05%
TER	D	0.05%
COR	B	0.04%
DINO	D	0.04%
HII	D	0.04%
WYNN	D	0.04%
MGM	D	0.04%
ON	D	0.03%

FLSP Underweight 102 Positions Relative to SPDW

Symbol	Grade	Weight
TM	D	-0.9%
HSBH	B	-0.73%
UL	D	-0.63%
MUFG	B	-0.61%
SHOP	B	-0.57%
SONY	B	-0.5%
TD	F	-0.44%
SMFG	B	-0.39%
CNI	D	-0.3%
SPOT	B	-0.28%
DEO	F	-0.28%
MFG	B	-0.24%
LYG	F	-0.21%
WCN	A	-0.2%
HMC	F	-0.19%
E	F	-0.15%
KB	B	-0.13%
STLA	F	-0.12%
CPNG	D	-0.11%
SHG	D	-0.09%
TEVA	D	-0.08%
NMR	B	-0.08%
CCEP	C	-0.08%
CYBR	B	-0.08%
PKX	F	-0.08%
ICLR	D	-0.07%
MT	B	-0.06%
LOGI	D	-0.06%
ARM	D	-0.06%
ONON	A	-0.06%
XRX	F	-0.06%
GRAB	B	-0.05%
WIX	B	-0.04%
MNDY	C	-0.04%
QGEN	D	-0.04%
FUTU	D	-0.03%
KEP	B	-0.03%
OTEX	D	-0.03%
GLNG	C	-0.03%
AGCO	D	-0.03%
GSL	F	-0.03%
BNTX	D	-0.03%
ZIM	C	-0.02%
ASND	D	-0.02%
AEI	D	-0.02%
MBAVU	D	-0.02%
XENE	D	-0.02%
WFG	D	-0.02%
MRUS	F	-0.02%
KRNT	C	-0.02%
NAT	F	-0.01%
FVRR	B	-0.01%
MLCO	F	-0.01%
URGN	F	-0.01%
IMCR	D	-0.01%
LSPD	C	-0.01%
LPL	F	-0.01%
DAVA	C	-0.01%
AY	B	-0.01%
GLBE	B	-0.01%
LPL	F	-0.01%
GRFS	C	-0.01%
NOMD	D	-0.01%
IGT	F	-0.01%
TAC	B	-0.01%
BIRK	D	-0.01%
MTLS	B	-0.0%
RENB	F	-0.0%
HL	D	-0.0%
CALX	D	-0.0%
TLRY	F	-0.0%
CVAC	F	-0.0%
ORMP	D	-0.0%
AMRN	F	-0.0%
GRVY	C	-0.0%
ADAP	F	-0.0%
EU	D	-0.0%
TMC	F	-0.0%
FREY	B	-0.0%
MNTX	C	-0.0%
INVZ	F	-0.0%
NNOX	C	-0.0%
NBTX	F	-0.0%
NNDM	F	-0.0%
DNN	B	-0.0%
GSM	D	-0.0%
SNDL	D	-0.0%
CHGX	A	-0.0%
ABCL	D	-0.0%
SPNS	F	-0.0%
IMTX	F	-0.0%
JMIA	F	-0.0%
ELBM	F	-0.0%
PIXY	F	-0.0%
SSYS	C	-0.0%
CSIQ	F	-0.0%
AUPH	B	-0.0%
CSTM	F	-0.0%
RDWR	B	-0.0%
PDS	C	-0.0%
HCM	D	-0.0%
INMD	C	-0.0%