FLUD vs. IBDP ETF Comparison

Comparison of Franklin Liberty Ultra Short Bond ETF (FLUD) to iShares iBonds Dec 2024 Corporate ETF (IBDP)

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

2,675

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

IBDP

iShares iBonds Dec 2024 Corporate ETF

IBDP Description

The investment seeks to track the investment results of the Barclays December 2024 Maturity Corporate Index which composed of U.S. dollar-denominated, investment-grade corporate bonds maturing in 2024. The fund generally invests at least 80% of its assets in the securities of its underlying index, except during the last months of the fund's operations. The underlying index includes U.S. dollar-denominated, investment-grade securities publicly issued by U.S. and non-U.S. corporate issuers that have $250 million or more of outstanding face value at the time of inclusion. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.11

Average Daily Volume

906,011

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

Performance

Period	FLUD	IBDP
30 Days	0.41%	0.43%
60 Days	0.91%	0.88%
90 Days	1.27%	1.33%
12 Months	3.77%	5.74%

2 Overlapping Holdings

	Symbol	Grade	Weight in FLUD	Weight in IBDP	Overlap
	ABBV	A	1.35%	0.76%	0.76%
	CAF	A	4.02%	0.67%	0.67%

FLUD Overweight 18 Positions Relative to IBDP

	Symbol	Grade	Weight
	DD	D	4.1%
	GE	D	4.08%
	AZN	F	4.07%
	EBAY	D	4.06%
	C	A	4.06%
	GJS	A	4.04%
	MCHP	F	3.98%
	BIIB	F	2.75%
	TMO	D	2.69%
	BA	F	2.69%
	HRL	F	2.67%
	KMI	B	1.45%
	COF	A	1.38%
	ET	A	1.38%
	BAC	B	1.35%
	CM	A	1.35%
	BMO	B	1.35%
	RPRX	D	1.34%

FLUD Underweight 0 Positions Relative to IBDP

	Symbol	Grade	Weight

FLUD: Top Represented Industries & Keywords

Industries: Banks - Global Drug Manufacturers - Major Oil & Gas Midstream Aerospace & Defense Biotechnology Capital Markets Chemicals Credit Services Diagnostics & Research Packaged Foods Semiconductors Specialty Industrial Machinery Specialty Retail

Keywords: S&P 500 Bank Banking Financial Products Nasdaq 100 Biotechnology Investment Bank Investment Banking Aerospace Anemia Asthma Autoimmune Disease Cancer Carbon Dioxide Cash Management Commercial Bank Commercial Banking Crude Oil Depressive Disorder Electronics

IBDP: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major

Keywords: Adalimumab Advanced Prostate Cancer Anemia Atopic Dermatitis Autoimmune Disease Blood Cancers Chronic Idiopathic Constipation Combination Drugs Constipation Crohn's Disease Depressive Disorder ETF Endometriosis Exchange Traded Fund Eye Care Products Genotype Hematological Malignancies Hepatitis C Hepatitis C Virus Hypothyroidism