IWY vs. FLSP ETF Comparison

Comparison of iShares Russell Top 200 Growth ETF (IWY) to Franklin Liberty Systematic Style Premia ETF (FLSP)

IWY

iShares Russell Top 200 Growth ETF

IWY Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit growth characteristics. 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. It seeks to track the investment results of the Russell Top 200 Growth Index (the "underlying index"), which is a style factor weighted index that measures the performance of the largest capitalization growth sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$219.32

Average Daily Volume

405,571

Number of Holdings ^*

105

* 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

11,536

Number of Holdings ^*

172

* may have additional holdings in another (foreign) market

Performance

Period	IWY	FLSP
30 Days	6.04%	0.48%
60 Days	12.82%	3.14%
90 Days	-1.52%	2.18%
12 Months	42.44%	7.61%

35 Overlapping Holdings

Symbol	Grade	Weight in IWY	Weight in FLSP	Overlap
ABBV	C	0.62%	0.64%	0.62%
ADBE	F	0.91%	0.47%	0.47%
ADSK	B	0.24%	0.29%	0.24%
AMAT	C	0.62%	0.56%	0.56%
APH	D	0.18%	0.18%	0.18%
BKNG	B	0.54%	0.7%	0.54%
CDNS	D	0.29%	0.31%	0.29%
CI	D	0.04%	0.27%	0.04%
CL	D	0.19%	0.46%	0.19%
CPRT	B	0.17%	0.23%	0.17%
CRM	B	0.88%	0.71%	0.71%
CTAS	C	0.27%	0.36%	0.27%
EL	D	0.03%	0.14%	0.03%
ELV	F	0.08%	0.58%	0.08%
FTNT	A	0.16%	0.25%	0.16%
GOOG	B	3.39%	0.11%	0.11%
HD	A	1.32%	0.3%	0.3%
INTU	F	0.68%	0.76%	0.68%
KMB	D	0.08%	0.21%	0.08%
LULU	D	0.13%	0.15%	0.13%
MA	A	1.68%	0.84%	0.84%
META	A	5.17%	0.49%	0.49%
MMM	C	0.06%	0.04%	0.04%
MSFT	D	12.8%	0.66%	0.66%
MSI	A	0.14%	0.41%	0.14%
NOW	B	0.73%	0.74%	0.73%
NVDA	B	11.2%	0.6%	0.6%
PG	D	0.37%	0.12%	0.12%
QCOM	D	0.71%	0.56%	0.56%
REGN	D	0.04%	0.5%	0.04%
SNPS	F	0.31%	0.2%	0.2%
TJX	D	0.32%	0.6%	0.32%
UBER	C	0.61%	0.61%	0.61%
V	B	1.79%	0.59%	0.59%
VRTX	D	0.25%	0.53%	0.25%

IWY Overweight 70 Positions Relative to FLSP

Symbol	Grade	Weight
AAPL	C	13.46%
AMZN	C	7.04%
GOOGL	B	4.02%
AVGO	B	3.12%
TSLA	C	2.93%
LLY	D	2.9%
COST	C	1.59%
NFLX	A	1.24%
MRK	F	1.19%
ORCL	A	1.07%
PEP	F	0.76%
ISRG	C	0.7%
AMD	C	0.69%
KO	C	0.65%
AMGN	D	0.55%
PGR	B	0.51%
ADP	A	0.44%
BX	C	0.44%
AMT	D	0.44%
LRCX	D	0.43%
KLAC	B	0.42%
PANW	B	0.41%
ANET	A	0.4%
SBUX	B	0.35%
WM	B	0.34%
SHW	C	0.33%
CMG	C	0.32%
ZTS	C	0.3%
MCO	D	0.3%
UNP	F	0.29%
NKE	D	0.27%
CRWD	D	0.26%
ORLY	A	0.25%
ECL	C	0.23%
SPOT	C	0.23%
AXP	A	0.23%
ABNB	D	0.22%
WDAY	D	0.21%
APO	A	0.21%
AZO	D	0.2%
DASH	A	0.18%
GE	B	0.18%
LMT	A	0.17%
GS	B	0.17%
SYK	C	0.16%
UNH	B	0.15%
FI	A	0.14%
SNOW	F	0.14%
ITW	C	0.12%
MNST	D	0.12%
TT	A	0.12%
CAT	A	0.11%
MCK	F	0.11%
KKR	A	0.1%
TEAM	D	0.1%
TXN	C	0.09%
HCA	C	0.08%
HON	C	0.08%
MCD	A	0.06%
BA	F	0.06%
MMC	D	0.06%
TDG	A	0.06%
CEG	A	0.05%
PSA	C	0.04%
SCHW	D	0.04%
MS	A	0.03%
EW	F	0.03%
EQIX	C	0.02%
MRVL	C	0.02%
DELL	C	0.02%

IWY Underweight 137 Positions Relative to FLSP

Symbol	Grade	Weight
WMT	A	-0.75%
T	B	-0.67%
NVS	D	-0.6%
TMO	D	-0.47%
GILD	A	-0.46%
CMCSA	B	-0.43%
PYPL	A	-0.4%
CSX	D	-0.34%
AFL	A	-0.33%
EOG	B	-0.31%
MPC	D	-0.3%
GM	D	-0.3%
FDX	F	-0.28%
TGT	C	-0.27%
FIS	A	-0.26%
FICO	C	-0.26%
CMI	A	-0.25%
PSX	D	-0.25%
BK	A	-0.24%
A	B	-0.24%
SPG	A	-0.24%
MET	A	-0.23%
TEL	D	-0.23%
PH	A	-0.23%
LNG	A	-0.23%
IQV	F	-0.22%
AIG	C	-0.22%
VLO	F	-0.22%
BCS	B	-0.21%
AMP	A	-0.21%
VST	A	-0.21%
KR	C	-0.21%
CTSH	B	-0.2%
MELI	D	-0.2%
EA	D	-0.2%
EBAY	A	-0.19%
IDXX	D	-0.19%
CNC	F	-0.18%
MTD	C	-0.18%
RCL	B	-0.18%
HPQ	B	-0.18%
IR	A	-0.17%
SE	B	-0.17%
SYY	D	-0.17%
NUE	D	-0.16%
VICI	C	-0.15%
NTAP	D	-0.15%
STT	A	-0.15%
LIN	C	-0.15%
PCAR	D	-0.14%
TROW	D	-0.14%
VEEV	C	-0.14%
PHM	C	-0.14%
DVN	F	-0.14%
ANSS	D	-0.14%
AVB	C	-0.14%
VTR	C	-0.13%
BR	B	-0.13%
DECK	B	-0.13%
GDDY	B	-0.13%
HIG	A	-0.13%
APP	A	-0.13%
LDOS	A	-0.12%
CAH	B	-0.12%
TYL	D	-0.12%
FE	C	-0.12%
PKG	B	-0.12%
AWK	D	-0.12%
CSL	A	-0.12%
LYB	B	-0.12%
BLDR	C	-0.12%
WAT	B	-0.12%
K	B	-0.11%
EXPE	B	-0.11%
TXT	F	-0.11%
PTC	B	-0.11%
BBY	C	-0.11%
CPAY	A	-0.11%
STX	C	-0.11%
MAS	C	-0.1%
MRO	B	-0.1%
OC	C	-0.1%
LII	C	-0.1%
LVS	B	-0.1%
CF	A	-0.1%
MOH	F	-0.1%
ZM	B	-0.1%
CBOE	B	-0.1%
HOLX	D	-0.1%
NRG	A	-0.1%
STLD	C	-0.1%
JBL	C	-0.09%
BG	F	-0.09%
LYV	A	-0.09%
AVTR	D	-0.09%
EQH	B	-0.09%
WSM	C	-0.09%
UTHR	C	-0.09%
MANH	A	-0.09%
EXPD	D	-0.09%
VRSN	C	-0.09%
SNA	C	-0.08%
UDR	C	-0.08%
ROL	C	-0.08%
UHS	D	-0.08%
RS	D	-0.08%
SSNC	C	-0.08%
FFIV	B	-0.07%
GLPI	C	-0.07%
REG	C	-0.07%
NBIX	F	-0.07%
CHRW	C	-0.07%
DT	B	-0.07%
AIZ	B	-0.07%
VTRS	D	-0.07%
TER	C	-0.07%
DPZ	D	-0.07%
L	C	-0.07%
DOCU	A	-0.07%
TAP	D	-0.06%
OVV	D	-0.06%
FOXA	B	-0.06%
CHKP	A	-0.06%
INCY	B	-0.06%
RPRX	D	-0.06%
MTCH	B	-0.06%
TWLO	B	-0.06%
WYNN	B	-0.05%
DKS	D	-0.05%
CRBG	B	-0.05%
SEIC	B	-0.05%
MOS	F	-0.05%
ACI	F	-0.05%
HII	F	-0.05%
ADM	F	-0.04%
DINO	F	-0.04%
AER	C	-0.04%