IGM vs. FLSP ETF Comparison

Comparison of iShares North American Tech ETF (IGM) to Franklin Liberty Systematic Style Premia ETF (FLSP)

IGM

iShares North American Tech ETF

IGM Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Sector IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of technology-related companies in the United States and Canada. Components primarily include information technology and technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$100.95

Average Daily Volume

245,941

Number of Holdings ^*

270

* may have additional holdings in another (foreign) market

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

Performance

Period	IGM	FLSP
30 Days	4.30%	0.69%
60 Days	6.84%	0.06%
90 Days	7.57%	0.73%
12 Months	43.23%	6.54%

41 Overlapping Holdings

Symbol	Grade	Weight in IGM	Weight in FLSP	Overlap
ADBE	C	1.75%	0.91%	0.91%
ADSK	A	0.51%	0.36%	0.36%
AMAT	F	1.1%	0.66%	0.66%
ANSS	B	0.23%	0.14%	0.14%
APH	A	0.67%	0.18%	0.18%
APP	B	0.49%	0.31%	0.31%
CDNS	B	0.62%	0.32%	0.32%
CRM	B	2.47%	0.7%	0.7%
CTSH	B	0.3%	0.21%	0.21%
DOCU	A	0.13%	0.1%	0.1%
DT	C	0.12%	0.08%	0.08%
EA	A	0.3%	0.23%	0.23%
FFIV	B	0.11%	0.08%	0.08%
FICO	B	0.43%	0.34%	0.34%
FTNT	C	0.47%	0.32%	0.32%
GDDY	A	0.2%	0.15%	0.15%
GEN	B	0.13%	0.1%	0.1%
GOOG	C	3.99%	0.11%	0.11%
HPQ	B	0.28%	0.2%	0.2%
INTU	C	1.51%	0.68%	0.68%
JBL	B	0.11%	0.1%	0.1%
MANH	D	0.13%	0.09%	0.09%
META	D	8.33%	0.45%	0.45%
MSFT	F	7.68%	0.57%	0.57%
MSI	B	0.64%	0.48%	0.48%
MTCH	D	0.06%	0.06%	0.06%
NFLX	A	2.77%	0.45%	0.45%
NOW	A	1.63%	0.75%	0.75%
NTAP	C	0.19%	0.16%	0.16%
NVDA	C	9.42%	0.62%	0.62%
ON	D	0.22%	0.04%	0.04%
PTC	A	0.18%	0.1%	0.1%
QCOM	F	1.4%	0.83%	0.83%
SNPS	B	0.63%	0.2%	0.2%
STX	D	0.16%	0.11%	0.11%
SWKS	F	0.1%	0.08%	0.08%
TER	D	0.13%	0.06%	0.06%
TWLO	A	0.12%	0.09%	0.09%
TYL	B	0.2%	0.13%	0.13%
VRSN	F	0.12%	0.1%	0.1%
ZM	B	0.17%	0.1%	0.1%

IGM Overweight 229 Positions Relative to FLSP

Symbol	Grade	Weight
AAPL	C	7.98%
GOOGL	C	4.83%
AVGO	D	4.19%
ORCL	B	2.3%
CSCO	B	1.81%
ACN	C	1.74%
AMD	F	1.71%
IBM	C	1.48%
TXN	C	1.44%
PLTR	B	1.04%
PANW	C	0.98%
MU	D	0.84%
INTC	D	0.81%
ADI	D	0.8%
ANET	C	0.75%
LRCX	F	0.72%
KLAC	D	0.65%
CRWD	B	0.61%
MRVL	B	0.6%
MSTR	C	0.47%
ROP	B	0.46%
WDAY	B	0.43%
NXPI	D	0.43%
TEL	B	0.35%
SNOW	C	0.33%
IT	C	0.32%
DDOG	A	0.31%
DELL	C	0.3%
TEAM	A	0.3%
GLW	B	0.28%
HUBS	A	0.27%
MCHP	D	0.26%
TTWO	A	0.23%
MPWR	F	0.22%
RBLX	C	0.21%
NET	B	0.21%
HPE	B	0.21%
KEYS	A	0.2%
CDW	F	0.19%
TDY	B	0.17%
ZBRA	B	0.16%
FSLR	F	0.16%
WDC	D	0.16%
MDB	C	0.16%
ZS	C	0.15%
TRMB	B	0.14%
NTNX	A	0.13%
PINS	D	0.13%
ENTG	D	0.12%
PSTG	D	0.12%
GWRE	A	0.12%
EPAM	C	0.11%
COHR	B	0.11%
AKAM	D	0.1%
SNAP	C	0.09%
OKTA	C	0.09%
JNPR	F	0.09%
CIEN	B	0.08%
IOT	A	0.08%
BILL	A	0.07%
FN	D	0.07%
SNX	C	0.07%
SMCI	F	0.07%
MKSI	C	0.06%
MTSI	B	0.06%
BSY	D	0.06%
ESTC	C	0.06%
OLED	D	0.06%
PCOR	B	0.06%
CVLT	B	0.06%
S	B	0.06%
SMAR	A	0.06%
ONTO	D	0.06%
ENPH	F	0.06%
VRNS	D	0.05%
VNT	B	0.05%
QTWO	A	0.05%
LFUS	F	0.05%
ARW	D	0.05%
NOVT	D	0.05%
ALTR	B	0.05%
MARA	C	0.05%
QRVO	F	0.05%
BMI	B	0.05%
DBX	B	0.05%
KD	B	0.05%
AZPN	A	0.05%
SPSC	C	0.05%
CFLT	B	0.05%
LSCC	D	0.05%
CGNX	C	0.05%
GTLB	B	0.05%
IDCC	A	0.04%
AVT	C	0.04%
WK	B	0.04%
CWAN	B	0.04%
CCCS	B	0.04%
BOX	B	0.04%
TENB	C	0.04%
AUR	C	0.04%
BDC	B	0.04%
U	C	0.04%
HCP	B	0.04%
ITRI	B	0.04%
APPF	B	0.04%
IONQ	B	0.04%
CRUS	D	0.04%
QLYS	C	0.04%
PATH	C	0.04%
LITE	B	0.04%
RMBS	C	0.04%
CRDO	B	0.04%
ACIW	B	0.04%
SLAB	D	0.03%
BLKB	B	0.03%
SMTC	B	0.03%
IAC	D	0.03%
RIOT	C	0.03%
POWI	D	0.03%
CLSK	C	0.03%
SITM	B	0.03%
ZETA	D	0.03%
NCNO	B	0.03%
PEGA	A	0.03%
DXC	B	0.03%
ASGN	F	0.03%
PI	D	0.03%
AEIS	B	0.03%
SANM	B	0.03%
PLXS	B	0.03%
NSIT	F	0.03%
DLB	B	0.03%
VYX	B	0.02%
IPGP	D	0.02%
BRZE	C	0.02%
EXTR	B	0.02%
PLUS	F	0.02%
VIAV	B	0.02%
AMBA	B	0.02%
YOU	D	0.02%
DOCN	D	0.02%
ALKT	B	0.02%
TTMI	B	0.02%
ACLS	F	0.02%
VERX	B	0.02%
OSIS	B	0.02%
ZD	C	0.02%
YELP	C	0.02%
DIOD	D	0.02%
KLIC	B	0.02%
RPD	C	0.02%
AGYS	A	0.02%
CXT	B	0.02%
DV	C	0.02%
MIR	A	0.02%
INTA	A	0.02%
TDC	D	0.02%
FIVN	C	0.02%
AMKR	D	0.02%
AI	B	0.02%
FRSH	C	0.02%
ZI	D	0.02%
FORM	D	0.02%
ALGM	D	0.02%
PRGS	A	0.02%
SYNA	C	0.02%
ALRM	C	0.02%
RNG	B	0.02%
BL	B	0.02%
CARG	C	0.02%
SWI	B	0.01%
ZIP	F	0.01%
NTGR	B	0.01%
NABL	F	0.01%
SSTK	F	0.01%
BMBL	C	0.01%
FSLY	D	0.01%
CNXN	C	0.01%
GDYN	B	0.01%
WOLF	F	0.01%
COMM	D	0.01%
CXM	C	0.01%
PDFS	C	0.01%
AAOI	B	0.01%
XRX	F	0.01%
JAMF	F	0.01%
PRO	C	0.01%
ICHR	C	0.01%
MXL	C	0.01%
DGII	B	0.01%
ASAN	C	0.01%
COHU	C	0.01%
ATEN	B	0.01%
ADEA	D	0.01%
NSSC	D	0.01%
MTTR	B	0.01%
ZUO	B	0.01%
HLIT	D	0.01%
INFN	C	0.01%
SPT	C	0.01%
VRNT	C	0.01%
AVPT	A	0.01%
APPN	B	0.01%
VECO	F	0.01%
PLAB	C	0.01%
DBD	C	0.01%
TRIP	F	0.01%
UCTT	D	0.01%
NTCT	C	0.01%
KN	B	0.01%
CTS	C	0.01%
BHE	B	0.01%
ROG	D	0.01%
CALX	D	0.01%
VSH	D	0.01%
PD	C	0.01%
ENV	B	0.01%
RAMP	C	0.01%
AVNW	F	0.0%
CRSR	C	0.0%
CLFD	D	0.0%
RBBN	C	0.0%
SEMR	B	0.0%
PLTK	B	0.0%
ADTN	A	0.0%
VSAT	F	0.0%
MLNK	B	0.0%
SEDG	F	0.0%
ETWO	F	0.0%

IGM Underweight 142 Positions Relative to FLSP

Symbol	Grade	Weight
BKNG	A	-0.87%
MA	C	-0.77%
WMT	A	-0.75%
TJX	A	-0.75%
T	A	-0.63%
GILD	C	-0.61%
MDT	D	-0.6%
ABBV	D	-0.59%
BMY	B	-0.59%
UBER	D	-0.49%
VRTX	F	-0.49%
NVS	D	-0.48%
PYPL	B	-0.45%
EOG	A	-0.44%
CMCSA	B	-0.42%
MMM	D	-0.41%
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%
AFL	B	-0.33%
REGN	F	-0.33%
CSX	B	-0.31%
BK	A	-0.31%
VST	B	-0.29%
LNG	B	-0.29%
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%
BCS	C	-0.23%
CI	F	-0.22%
CPRT	A	-0.22%
AMP	A	-0.22%
RCL	A	-0.21%
MET	A	-0.21%
AIG	B	-0.21%
VICI	C	-0.19%
TGT	F	-0.19%
HIG	B	-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%
TROW	B	-0.16%
DECK	A	-0.16%
IR	B	-0.16%
MELI	D	-0.16%
MS	A	-0.15%
SYY	B	-0.15%
MTD	D	-0.15%
WAT	B	-0.14%
PCAR	B	-0.14%
EXPE	B	-0.14%
IDXX	F	-0.14%
NUE	C	-0.14%
AWK	D	-0.13%
CNC	D	-0.13%
DVN	F	-0.13%
LDOS	C	-0.13%
AVB	B	-0.13%
PG	A	-0.13%
LIN	D	-0.13%
CBOE	B	-0.12%
K	A	-0.12%
VTR	C	-0.12%
CAH	B	-0.12%
NRG	B	-0.12%
CPAY	A	-0.12%
NTRS	A	-0.12%
LYV	A	-0.12%
BR	A	-0.12%
VEEV	C	-0.12%
BBY	D	-0.11%
CSL	C	-0.11%
PKG	A	-0.11%
HOLX	D	-0.11%
LII	A	-0.11%
STLD	B	-0.11%
WSM	B	-0.11%
LVS	C	-0.11%
LYB	F	-0.11%
PHM	D	-0.11%
MRO	B	-0.1%
EL	F	-0.1%
MAS	D	-0.1%
MOH	F	-0.1%
RS	B	-0.1%
CF	B	-0.1%
UTHR	C	-0.1%
BLDR	D	-0.1%
SNA	A	-0.1%
FE	C	-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%
TXT	D	-0.09%
OC	A	-0.09%
EXPD	D	-0.09%
AVTR	F	-0.08%
OVV	B	-0.08%
CHRW	C	-0.08%
REG	B	-0.08%
DPZ	C	-0.08%
NBIX	C	-0.08%
PAYC	B	-0.07%
FOXA	B	-0.07%
TAP	C	-0.07%
DKS	C	-0.07%
INCY	C	-0.07%
BG	F	-0.07%
GLPI	C	-0.07%
UHS	D	-0.07%
ACI	C	-0.06%
MKTX	D	-0.06%
CHKP	D	-0.06%
SEIC	B	-0.06%
RPRX	D	-0.06%
AIZ	A	-0.06%
RPM	A	-0.05%
AER	B	-0.05%
WYNN	D	-0.05%
MGM	D	-0.05%
MOS	F	-0.05%
CRBG	B	-0.05%
COR	B	-0.04%
HII	D	-0.04%

IGM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Communication Equipment Semiconductor Equipment & Materials Information Technology Services Internet Content & Information Electronic Components Scientific & Technical Instruments Data Storage Contract Manufacturers Telecom Services Computer Hardware Computer Systems Business Services Capital Markets Consumer Electronics Diversified Industrials Electronic Gaming & Multimedia Electronic Gaming & Multimedia