INCM vs. ACSI ETF Comparison

Comparison of Franklin Income Focus ETF (INCM) to American Customer Satisfaction Core Alpha ETF (ACSI)

INCM

Franklin Income Focus ETF

INCM Description

Under normal market conditions, the fund invests in a diversified portfolio of debt and equity securities. The fund may invest up to 30% of its assets in equity index-linked notes, with respect to which interest payments are typically derived from the implied volatility of an equity index (e.g., the S&P 500 Index) and 10% of its assets in equity linked notes (ELNs).

Grade (RS Rating)

Last Trade

$26.99

Average Daily Volume

143,711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACSI

American Customer Satisfaction Core Alpha ETF

ACSI Description

American Customer Satisfaction Core Alpha ETF (the %u201CFund%u201D) seeks to track the performance, before fees and expenses, of the American Customer Satisfaction Investable Index (the %u201CIndex%u201D).

Grade (RS Rating)

Last Trade

$61.46

Average Daily Volume

160

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INCM	ACSI
30 Days	0.27%	5.65%
60 Days	0.52%	6.28%
90 Days	1.34%	8.27%
12 Months	13.81%	30.30%

6 Overlapping Holdings

Symbol	Grade	Weight in INCM	Weight in ACSI	Overlap
DUK	C	1.13%	1.17%	1.13%
JPM	A	1.54%	4.84%	1.54%
KO	D	0.75%	3.23%	0.75%
MS	A	0.4%	2.6%	0.4%
MSFT	F	0.15%	4.83%	0.15%
VZ	C	0.74%	2.52%	0.74%

INCM Overweight 36 Positions Relative to ACSI

Symbol	Grade	Weight
CVX	A	1.71%
XOM	B	1.51%
JNJ	D	1.22%
BAC	A	1.17%
PG	A	1.04%
ADI	D	0.98%
PM	B	0.92%
LMT	D	0.9%
HON	B	0.86%
APD	A	0.81%
HD	A	0.81%
USB	A	0.81%
SO	D	0.81%
JCI	C	0.78%
BHP	F	0.76%
PEP	F	0.75%
ABBV	D	0.74%
PFE	D	0.69%
TTE	F	0.66%
TFC	A	0.66%
ALB	C	0.63%
RTX	C	0.59%
ITW	B	0.56%
CSCO	B	0.54%
NEE	D	0.51%
SBUX	A	0.49%
NEE	D	0.47%
MCHP	D	0.45%
COP	C	0.41%
BA	F	0.39%
SRE	A	0.3%
XEL	A	0.3%
EIX	B	0.28%
C	A	0.01%
MRK	F	0.01%
CMCSA	B	0.0%

INCM Underweight 27 Positions Relative to ACSI

Symbol	Grade	Weight
AAPL	C	-6.84%
COST	B	-5.69%
AMZN	C	-5.34%
GOOG	C	-4.95%
META	D	-4.56%
HUM	C	-3.36%
PRU	A	-3.24%
NFLX	A	-3.16%
TMUS	B	-3.1%
UNH	C	-2.86%
ALK	C	-2.82%
T	A	-2.76%
TSLA	B	-2.75%
SCHW	B	-2.62%
FDX	B	-2.54%
MSI	B	-2.48%
TXRH	C	-2.46%
HLT	A	-2.36%
ORLY	B	-2.34%
YUM	B	-2.21%
TSCO	D	-2.07%
SKX	D	-1.98%
LEVI	F	-1.87%
CLX	B	-1.86%
AEO	F	-1.81%
ATO	A	-1.25%
BRK.A	B	-1.22%