TECB vs. FLSP ETF Comparison

Comparison of iShares U.S. Tech Breakthrough Multisector ETF (TECB) to Franklin Liberty Systematic Style Premia ETF (FLSP)

TECB

iShares U.S. Tech Breakthrough Multisector ETF

TECB Description

The fund seeks to track the investment results of the NYSE FactSet U.S. Tech Breakthrough Index (the underlying index), which measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. It generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.80

Average Daily Volume

19,806

Number of Holdings ^*

164

* 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	TECB	FLSP
30 Days	6.07%	0.69%
60 Days	7.19%	0.06%
90 Days	9.19%	0.73%
12 Months	37.00%	6.54%

28 Overlapping Holdings

Symbol	Grade	Weight in TECB	Weight in FLSP	Overlap
ADBE	C	2.97%	0.91%	0.91%
ADSK	A	0.89%	0.36%	0.36%
ANSS	B	0.4%	0.14%	0.14%
BR	A	0.16%	0.12%	0.12%
CPAY	A	0.16%	0.12%	0.12%
CRM	B	4.64%	0.7%	0.7%
EBAY	D	0.45%	0.18%	0.18%
FIS	C	0.29%	0.26%	0.26%
FTNT	C	1.59%	0.32%	0.32%
GDDY	A	0.36%	0.15%	0.15%
GILD	C	1.94%	0.61%	0.61%
HPQ	B	0.54%	0.2%	0.2%
INCY	C	0.27%	0.07%	0.07%
INTU	C	1.12%	0.68%	0.68%
MA	C	2.59%	0.77%	0.77%
MELI	D	1.35%	0.16%	0.16%
META	D	4.07%	0.45%	0.45%
MKTX	D	0.06%	0.06%	0.06%
MSFT	F	3.47%	0.57%	0.57%
NFLX	A	4.98%	0.45%	0.45%
NOW	A	3.13%	0.75%	0.75%
NTAP	C	0.38%	0.16%	0.16%
NVDA	C	4.32%	0.62%	0.62%
PYPL	B	0.54%	0.45%	0.45%
QCOM	F	2.28%	0.83%	0.83%
REGN	F	1.37%	0.33%	0.33%
SSNC	B	0.1%	0.09%	0.09%
TWLO	A	0.24%	0.09%	0.09%

TECB Overweight 136 Positions Relative to FLSP

Symbol	Grade	Weight
ORCL	B	4.5%
AAPL	C	4.13%
AMZN	C	3.83%
GOOGL	C	3.42%
PANW	C	3.41%
V	A	2.96%
AMD	F	2.91%
MRK	F	2.72%
ISRG	A	2.56%
TXN	C	2.38%
CRWD	B	2.17%
ADI	D	1.39%
INTC	D	1.37%
EQIX	A	1.28%
MSTR	C	0.92%
DLR	B	0.88%
FI	A	0.77%
SNOW	C	0.77%
TEAM	A	0.59%
AME	A	0.59%
IRM	D	0.51%
BAH	F	0.51%
HUBS	A	0.51%
ZS	C	0.5%
MCHP	D	0.46%
CPNG	D	0.41%
AKAM	D	0.37%
COIN	C	0.34%
MDB	C	0.33%
OKTA	C	0.32%
SQ	B	0.31%
WDC	D	0.31%
JNPR	F	0.3%
CACI	D	0.28%
NTNX	A	0.25%
PINS	D	0.23%
PSTG	D	0.23%
MRNA	F	0.22%
S	B	0.2%
GPN	B	0.18%
SAIC	F	0.17%
SRPT	D	0.17%
EXEL	B	0.17%
QLYS	C	0.15%
SNAP	C	0.15%
RVMD	C	0.14%
VRNS	D	0.14%
TENB	C	0.13%
CVLT	B	0.11%
GTLB	B	0.11%
DBX	B	0.1%
TOST	B	0.1%
GWRE	A	0.1%
AFRM	B	0.1%
LUMN	C	0.1%
BPMC	C	0.1%
CFLT	B	0.1%
PARA	C	0.09%
ETSY	D	0.09%
CGNX	C	0.09%
SOFI	A	0.09%
LSCC	D	0.09%
TW	A	0.09%
JKHY	D	0.08%
ALTR	B	0.08%
ALRM	C	0.08%
BSY	D	0.08%
RPD	C	0.07%
BILL	A	0.06%
ACLX	C	0.06%
WEX	D	0.05%
CALX	D	0.05%
INFA	D	0.05%
PEGA	A	0.05%
YOU	D	0.05%
AI	B	0.05%
LGND	B	0.04%
QTWO	A	0.04%
PTON	B	0.04%
OMF	A	0.04%
FRSH	C	0.04%
FOUR	B	0.04%
TWST	D	0.04%
SWTX	C	0.04%
TDC	D	0.04%
SLAB	D	0.04%
PRGS	A	0.04%
BCRX	D	0.03%
AVPT	A	0.03%
EEFT	B	0.03%
DVAX	C	0.03%
WK	B	0.03%
CCCS	B	0.03%
BEAM	D	0.03%
IOVA	F	0.03%
ATEN	B	0.03%
DOCN	D	0.03%
UPST	B	0.03%
ACIW	B	0.03%
GERN	D	0.03%
PAR	B	0.02%
SYM	C	0.02%
VERX	B	0.02%
FLYW	C	0.02%
MTTR	B	0.02%
NVAX	F	0.02%
BL	B	0.02%
VIRT	B	0.02%
NCNO	B	0.02%
ZUO	B	0.02%
SIRI	C	0.02%
CWAN	B	0.02%
APPN	B	0.02%
NTLA	F	0.02%
INTA	A	0.02%
XNCR	B	0.02%
DDD	C	0.01%
ARCT	F	0.01%
MQ	F	0.01%
BMBL	C	0.01%
DFIN	D	0.01%
AVDX	B	0.01%
VIR	D	0.01%
RCUS	F	0.01%
BASE	C	0.01%
ALKT	B	0.01%
PRLB	A	0.01%
CXM	C	0.01%
FSLY	D	0.01%
VMEO	B	0.01%
PAYO	A	0.01%
ENVA	B	0.01%
WRLD	C	0.0%
LPRO	C	0.0%
RPAY	D	0.0%
DNA	F	0.0%

TECB Underweight 155 Positions Relative to FLSP

Symbol	Grade	Weight
BKNG	A	-0.87%
WMT	A	-0.75%
TJX	A	-0.75%
AMAT	F	-0.66%
T	A	-0.63%
MDT	D	-0.6%
ABBV	D	-0.59%
BMY	B	-0.59%
UBER	D	-0.49%
VRTX	F	-0.49%
NVS	D	-0.48%
MSI	B	-0.48%
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%
FICO	B	-0.34%
AFL	B	-0.33%
CDNS	B	-0.32%
APP	B	-0.31%
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%
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%
EA	A	-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%
CTSH	B	-0.21%
SNPS	B	-0.2%
VICI	C	-0.19%
TGT	F	-0.19%
HIG	B	-0.19%
SE	B	-0.18%
APH	A	-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%
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%
TYL	B	-0.13%
CBOE	B	-0.12%
K	A	-0.12%
VTR	C	-0.12%
CAH	B	-0.12%
NRG	B	-0.12%
NTRS	A	-0.12%
LYV	A	-0.12%
VEEV	C	-0.12%
BBY	D	-0.11%
CSL	C	-0.11%
STX	D	-0.11%
PKG	A	-0.11%
HOLX	D	-0.11%
LII	A	-0.11%
STLD	B	-0.11%
GOOG	C	-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%
JBL	B	-0.1%
MAS	D	-0.1%
MOH	F	-0.1%
RS	B	-0.1%
CF	B	-0.1%
UTHR	C	-0.1%
VRSN	F	-0.1%
BLDR	D	-0.1%
PTC	A	-0.1%
DOCU	A	-0.1%
SNA	A	-0.1%
FE	C	-0.1%
ZM	B	-0.1%
GEN	B	-0.1%
UDR	B	-0.09%
L	A	-0.09%
ROL	B	-0.09%
VTRS	A	-0.09%
EQH	B	-0.09%
TXT	D	-0.09%
OC	A	-0.09%
EXPD	D	-0.09%
MANH	D	-0.09%
AVTR	F	-0.08%
DT	C	-0.08%
OVV	B	-0.08%
CHRW	C	-0.08%
FFIV	B	-0.08%
REG	B	-0.08%
SWKS	F	-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%
BG	F	-0.07%
GLPI	C	-0.07%
UHS	D	-0.07%
ACI	C	-0.06%
MTCH	D	-0.06%
CHKP	D	-0.06%
TER	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%
ON	D	-0.04%
COR	B	-0.04%
HII	D	-0.04%