FLUD vs. CEFS ETF Comparison

Comparison of Franklin Liberty Ultra Short Bond ETF (FLUD) to Exchange Listed Funds Trust ETF (CEFS)
FLUD

Franklin Liberty Ultra Short Bond ETF

FLUD Description

The investment seeks a high level of current income as is consistent with prudent investing, while seeking preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in bonds and investments that provide exposure to bonds. It targets an estimated average portfolio duration of one (1) year or less. The fund invests predominantly in U.S. dollar denominated, investment grade debt securities and investments. It may invest in U.S. dollar denominated foreign securities, including emerging market securities.

Grade (RS Rating)

Last Trade

$24.84

Average Daily Volume

512

Number of Holdings *

20

* may have additional holdings in another (foreign) market
CEFS

Exchange Listed Funds Trust ETF

CEFS Description The investment seeks to provide capital appreciation and dividend income. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by normally investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds (the "underlying funds"). The advisor expects to invest in underlying funds operated by a diversified group of closed-end fund managers ("underlying fund managers"). The fund normally invests in underlying funds that primarily pursue high yield opportunities.

Grade (RS Rating)

Last Trade

$20.57

Average Daily Volume

45,400

Number of Holdings *

99

* may have additional holdings in another (foreign) market
Performance
Period FLUD CEFS
30 Days 0.06% 2.25%
60 Days 0.50% 3.93%
90 Days 0.93% 7.39%
12 Months 2.24% 28.29%
0 Overlapping Holdings
Symbol Grade Weight in FLUD Weight in CEFS Overlap
FLUD Overweight 20 Positions Relative to CEFS
Symbol Grade Weight
DD A 4.1%
GE A 4.08%
AZN A 4.07%
EBAY D 4.06%
C A 4.06%
GJS B 4.04%
CAF B 4.02%
MCHP B 3.98%
BIIB C 2.75%
TMO D 2.69%
BA F 2.69%
HRL B 2.67%
KMI A 1.45%
COF B 1.38%
ET A 1.38%
BAC B 1.35%
ABBV D 1.35%
CM C 1.35%
BMO C 1.35%
RPRX F 1.34%
FLUD Underweight 99 Positions Relative to CEFS
Symbol Grade Weight
BIGZ D -19.26%
EMO A -17.74%
ADX A -12.02%
ASA A -11.7%
CTR A -9.23%
BCAT B -8.96%
BFZ C -7.81%
ENX C -5.81%
ASGI A -5.76%
PDX A -5.33%
NQP A -4.62%
NXJ A -4.43%
JRI B -3.68%
HQL C -3.63%
BSTZ D -3.5%
EVM A -3.46%
HQH C -3.31%
BMEZ D -3.26%
EDD C -3.1%
VTN A -2.57%
MHI A -2.44%
TEAF B -2.41%
AFB A -1.8%
VPV A -1.8%
ECF C -1.66%
KSM A -1.65%
NFJ D -1.64%
LGI B -1.62%
FMN A -1.59%
VGM A -1.48%
NTG A -1.46%
PGZ C -1.43%
IDE C -1.19%
NBH B -1.1%
IHD A -1.05%
CEV B -1.0%
DMF A -0.96%
LEO A -0.95%
GAM A -0.83%
MAV A -0.83%
AOD A -0.82%
HYB A -0.65%
NZF A -0.62%
VKQ A -0.61%
IGA B -0.59%
VCV A -0.57%
CXE A -0.51%
NDP B -0.48%
NPFD C -0.43%
CPZ A -0.36%
DSM B -0.35%
VMO A -0.33%
TWN D -0.32%
MFD C -0.3%
GNT A -0.26%
CMU A -0.26%
RA C -0.23%
FGB A -0.21%
VKI A -0.21%
TTP A -0.19%
CXH B -0.19%
MPA B -0.18%
PCK B -0.16%
BOE A -0.12%
DMB C -0.12%
ERH A -0.12%
NML A -0.11%
EOD B -0.09%
FEI A -0.08%
TYG A -0.08%
SBI A -0.07%
AGD A -0.05%
GRX D -0.04%
HEQ B -0.04%
DIAX C -0.03%
PNI C -0.03%
NAC A -0.02%
MYN B -0.02%
KTF A -0.02%
MXE D -0.02%
DHF A -0.02%
PEO B -0.01%
NAD B -0.01%
MHN A -0.01%
MUC B -0.01%
NOM A -0.0%
GLQ A -0.0%
FPL A -0.0%
NVG A -0.0%
PFO A -0.0%
NMT B -0.0%
MIY B -0.0%
MVT C -0.0%
BNY A -0.0%
BHV C -0.0%
NAZ B -0.0%
MUJ B -0.0%
NAN A -0.0%
FLC A -0.0%
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