FMCX vs. FLLV ETF Comparison

Comparison of FMC Excelsior Focus Equity ETF (FMCX) to Franklin Liberty U.S. Low Volatility ETF (FLLV)

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.84

Average Daily Volume

844

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLLV

Franklin Liberty U.S. Low Volatility ETF

FLLV Description

The fund seeks capital appreciation with an emphasis on lower volatility than the broader equity market, as measured by the Russell 1000 Index. The fund applies a fundamentally driven %u201Cbottom-up%u201D research process to identify stocks that exhibit strong fundamental characteristics and screens for stocks with the lowest realized volatility scores, based on our proprietary quantitative model, relative to their corresponding sectors. Risk considerations are incorporated into the final stock selection process.

Grade (RS Rating)

Last Trade

$52.52

Average Daily Volume

8,526

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMCX	FLLV
30 Days	-3.05%	-2.46%
60 Days	-1.35%	-1.59%
90 Days	2.22%	-0.03%
12 Months	20.42%	14.77%

18 Overlapping Holdings

Symbol	Grade	Weight in FMCX	Weight in FLLV	Overlap
AAPL	C	6.93%	1.4%	1.4%
AMGN	A	1.11%	1.1%	1.1%
AMZN	A	5.01%	1.44%	1.44%
CL	A	0.85%	1.15%	0.85%
CMCSA	F	1.13%	1.14%	1.13%
GD	A	0.13%	1.17%	0.13%
GOOGL	A	1.77%	1.62%	1.62%
HON	C	0.6%	0.98%	0.6%
JPM	B	0.3%	1.24%	0.3%
KEYS	D	1.06%	1.47%	1.06%
LBRDK	F	4.24%	0.87%	0.87%
MCD	F	1.12%	1.13%	1.12%
MSFT	C	4.79%	1.7%	1.7%
PG	A	1.3%	1.08%	1.08%
PM	A	1.21%	0.99%	0.99%
SPGI	C	0.37%	1.04%	0.37%
UNH	C	6.84%	1.04%	1.04%
V	D	0.21%	1.13%	0.21%

FMCX Overweight 34 Positions Relative to FLLV

Symbol	Grade	Weight
KKR	D	6.14%
IAC	C	5.35%
GDDY	A	4.98%
LSXMK	D	4.22%
GGG	D	3.98%
PYPL	B	3.9%
MTCH	D	3.18%
LSXMA	D	1.79%
LBRDA	F	1.74%
YUM	C	1.18%
VUSB	A	0.92%
ICSH	A	0.92%
GILD	F	0.87%
MO	A	0.84%
ENTG	D	0.82%
ARWR	F	0.72%
NKE	F	0.68%
DHR	C	0.55%
GOOG	A	0.5%
BAX	F	0.47%
YUMC	F	0.42%
MUSA	D	0.4%
MTX	A	0.33%
KEX	A	0.33%
EQR	A	0.3%
MUR	C	0.25%
FWONK	B	0.21%
BKNG	C	0.19%
FLWS	D	0.15%
BATRK	C	0.11%
PNR	C	0.1%
FWONA	B	0.05%
VMEO	D	0.03%
BATRA	C	0.02%

FMCX Underweight 63 Positions Relative to FLLV

Symbol	Grade	Weight
APH	A	-1.96%
VNT	D	-1.84%
ORCL	D	-1.73%
ANSS	D	-1.68%
TXN	A	-1.67%
IBM	D	-1.63%
ADI	A	-1.59%
INTU	C	-1.58%
PTC	D	-1.58%
ROP	F	-1.51%
SNPS	D	-1.5%
CSCO	F	-1.49%
TSCO	A	-1.48%
PGR	B	-1.45%
ACN	F	-1.41%
VZ	D	-1.38%
AZO	D	-1.35%
MRK	B	-1.33%
NVR	D	-1.29%
NYT	B	-1.28%
ADBE	D	-1.26%
LOW	D	-1.22%
NDAQ	B	-1.18%
RSG	C	-1.18%
ABBV	D	-1.16%
MET	D	-1.16%
AJG	C	-1.16%
HD	D	-1.15%
ROST	D	-1.13%
MA	D	-1.13%
ICE	D	-1.12%
DTM	B	-1.12%
BDX	F	-1.1%
MS	A	-1.1%
PFE	D	-1.09%
MDT	C	-1.09%
FAST	D	-1.09%
XOM	B	-1.09%
ABT	D	-1.08%
IEX	D	-1.07%
LMT	B	-1.07%
JNJ	F	-1.06%
WMB	B	-1.06%
VRSK	C	-1.03%
BLK	D	-1.03%
AME	D	-1.03%
KO	A	-1.02%
CVX	B	-1.02%
PEP	B	-1.01%
ECL	A	-0.99%
ITW	F	-0.97%
MDLZ	D	-0.96%
BMY	F	-0.93%
SBUX	F	-0.92%
MAA	B	-0.9%
LIN	D	-0.87%
NEE	B	-0.84%
PSA	D	-0.82%
FR	D	-0.81%
CVS	F	-0.8%
SO	A	-0.79%
APD	C	-0.77%
DUK	A	-0.77%