INCE vs. GLOF ETF Comparison

Comparison of Franklin Income Equity Focus ETF (INCE) to iShares Global Equity Factor ETF (GLOF)

INCE

Franklin Income Equity Focus ETF

INCE Description

Under normal marketing conditions, the fund will invest at least 80% of its net assets in equity securities, and in derivatives and other instruments that have economic characteristics and provide investment exposure similar to equity securities.

Grade (RS Rating)

Last Trade

$59.23

Average Daily Volume

7,196

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GLOF

iShares Global Equity Factor ETF

GLOF Description

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index is designed to contain equity securities from the MSCI ACWI Index (the parent index) that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the parent index.

Grade (RS Rating)

Last Trade

$44.89

Average Daily Volume

4,372

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	INCE	GLOF
30 Days	2.29%	1.85%
60 Days	2.31%	0.00%
90 Days	3.99%	2.36%
12 Months	19.60%	26.16%

20 Overlapping Holdings

Symbol	Grade	Weight in INCE	Weight in GLOF	Overlap
BAC	A	1.04%	0.22%	0.22%
CSCO	A	1.12%	0.24%	0.24%
CVX	B	2.85%	0.06%	0.06%
GM	B	1.03%	0.08%	0.08%
HD	A	1.62%	0.7%	0.7%
IBM	C	0.95%	0.08%	0.08%
JNJ	D	2.9%	0.6%	0.6%
JPM	B	1.48%	0.94%	0.94%
KO	D	0.98%	0.2%	0.2%
LOW	C	1.33%	0.65%	0.65%
MA	B	0.53%	0.52%	0.52%
MCD	D	1.14%	0.53%	0.53%
PEP	F	2.42%	0.61%	0.61%
PG	A	1.98%	0.72%	0.72%
PM	B	1.25%	0.27%	0.27%
SBUX	B	1.14%	0.19%	0.19%
TXN	D	1.2%	0.35%	0.35%
UNP	C	1.41%	0.11%	0.11%
VZ	B	2.94%	0.1%	0.1%
XOM	C	1.58%	0.36%	0.36%

INCE Overweight 24 Positions Relative to GLOF

Symbol	Grade	Weight
SO	D	3.1%
LMT	D	2.21%
JCI	C	2.14%
APD	A	2.05%
RIO	D	1.69%
SCHW	A	1.48%
MS	B	1.46%
RTX	D	1.43%
ADI	D	1.31%
MET	A	1.29%
USB	A	1.16%
TTE	F	1.14%
SRE	A	1.11%
HON	B	1.09%
AEP	D	0.99%
NEM	F	0.94%
UPS	C	0.87%
DUK	C	0.83%
PNC	A	0.59%
FITB	B	0.58%
ALB	C	0.53%
FCX	F	0.52%
BA	D	0.23%
C	A	0.0%

INCE Underweight 169 Positions Relative to GLOF

Symbol	Grade	Weight
NVDA	C	-4.5%
AAPL	B	-4.28%
MSFT	D	-4.06%
GOOG	C	-2.61%
AMZN	C	-2.18%
META	D	-1.35%
AVGO	D	-1.19%
BKNG	B	-0.77%
V	A	-0.76%
LLY	F	-0.73%
UNH	B	-0.73%
FTNT	C	-0.65%
WMT	B	-0.65%
FICO	B	-0.62%
ABBV	D	-0.62%
MCK	C	-0.61%
SYF	A	-0.58%
TEAM	B	-0.57%
AMP	B	-0.51%
COST	B	-0.51%
CDNS	B	-0.51%
INTU	C	-0.5%
MSI	C	-0.49%
CTAS	B	-0.48%
BLDR	C	-0.48%
TT	B	-0.44%
VST	B	-0.43%
MRK	F	-0.42%
KR	A	-0.42%
AZO	C	-0.42%
LII	A	-0.42%
ORCL	C	-0.4%
DOCU	A	-0.39%
BBY	D	-0.39%
NOW	B	-0.37%
MTD	F	-0.37%
TSLA	B	-0.37%
BMY	B	-0.36%
FERG	B	-0.36%
T	A	-0.35%
COF	B	-0.35%
QCOM	F	-0.35%
TMO	F	-0.34%
MFG	B	-0.34%
DELL	C	-0.34%
AMAT	F	-0.33%
ORLY	B	-0.33%
PANW	C	-0.33%
IT	C	-0.33%
MSCI	C	-0.32%
HPE	B	-0.32%
EBAY	C	-0.31%
TGT	F	-0.31%
KLAC	F	-0.3%
ELV	F	-0.3%
CRWD	B	-0.29%
STLD	B	-0.29%
MELI	C	-0.29%
ACN	B	-0.29%
HPQ	B	-0.28%
GILD	B	-0.27%
HOLX	D	-0.25%
ABT	B	-0.25%
ALLY	C	-0.24%
ABNB	C	-0.24%
GWW	A	-0.24%
ANET	C	-0.23%
MUFG	B	-0.22%
PHM	C	-0.22%
YUM	B	-0.22%
SNPS	B	-0.22%
MPC	F	-0.21%
PFE	D	-0.21%
AXP	A	-0.21%
NVR	D	-0.2%
DVA	B	-0.2%
MOH	F	-0.2%
PSA	C	-0.2%
FNF	B	-0.2%
AMGN	D	-0.2%
NUE	D	-0.2%
LRCX	F	-0.2%
SPGI	C	-0.2%
DFS	B	-0.19%
ADBE	C	-0.19%
BRK.A	B	-0.19%
AFL	B	-0.18%
LYB	F	-0.18%
LIN	D	-0.18%
ETN	A	-0.18%
EMR	A	-0.18%
STT	A	-0.18%
VLTO	C	-0.17%
MAS	C	-0.17%
HUBS	B	-0.17%
WFC	A	-0.17%
LI	F	-0.16%
TRV	B	-0.16%
VRTX	D	-0.15%
ZS	C	-0.14%
HUM	C	-0.14%
MRO	B	-0.14%
SIRI	C	-0.13%
GS	B	-0.13%
GEHC	F	-0.13%
HSY	F	-0.13%
VLO	C	-0.13%
COP	D	-0.13%
NTAP	C	-0.12%
BLK	C	-0.12%
URI	B	-0.11%
EG	C	-0.1%
CVS	D	-0.1%
CDW	F	-0.1%
PFG	C	-0.1%
BK	A	-0.1%
DTE	C	-0.09%
A	D	-0.09%
FOXA	C	-0.09%
UBER	D	-0.09%
SMFG	A	-0.09%
NKE	F	-0.08%
DE	B	-0.08%
NWS	B	-0.08%
TM	D	-0.08%
SPG	C	-0.08%
DOW	F	-0.08%
IDXX	F	-0.07%
LULU	C	-0.07%
CF	B	-0.07%
TJX	A	-0.06%
ULTA	F	-0.06%
CRH	A	-0.06%
NDAQ	A	-0.06%
LINE	F	-0.05%
FWONA	A	-0.05%
MDLZ	F	-0.05%
PAYX	B	-0.05%
PH	A	-0.05%
CHTR	C	-0.05%
CPNG	D	-0.05%
FRT	A	-0.04%
DOX	D	-0.04%
TSCO	C	-0.04%
EA	C	-0.04%
CAT	B	-0.04%
MCO	A	-0.03%
QRVO	F	-0.03%
MRNA	F	-0.03%
MTCH	F	-0.03%
NI	A	-0.03%
REG	B	-0.03%
WIT	A	-0.02%
STX	D	-0.02%
OMC	C	-0.02%
CSX	B	-0.02%
GL	C	-0.02%
VICI	C	-0.02%
WY	D	-0.02%
BIIB	F	-0.02%
MOS	F	-0.02%
VRSN	F	-0.02%
MDT	D	-0.01%
OKTA	C	-0.01%
VEEV	B	-0.01%
PCAR	B	-0.01%
PLD	D	-0.01%
CEG	D	-0.01%
DHR	D	-0.01%