UDIV vs. FLSP ETF Comparison

Comparison of Franklin U.S. Core Dividend Tilt Index ETF (UDIV) to Franklin Liberty Systematic Style Premia ETF (FLSP)

UDIV

Franklin U.S. Core Dividend Tilt Index ETF

UDIV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ Global Dividend Index. The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index includes stocks from developed and emerging market countries with high and persistent dividend income that have favorable exposure to a quality investment style factor.

Grade (RS Rating)

Last Trade

$46.42

Average Daily Volume

4,741

Number of Holdings ^*

277

* 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	UDIV	FLSP
30 Days	2.89%	0.69%
60 Days	4.78%	0.06%
90 Days	6.71%	0.73%
12 Months	35.02%	6.54%

73 Overlapping Holdings

Symbol	Grade	Weight in UDIV	Weight in FLSP	Overlap
ABBV	D	0.97%	0.59%	0.59%
ADBE	C	0.35%	0.91%	0.35%
AMAT	F	0.38%	0.66%	0.38%
APH	A	0.05%	0.18%	0.05%
AVB	B	0.18%	0.13%	0.13%
BBY	D	0.11%	0.11%	0.11%
BK	A	0.33%	0.31%	0.31%
BMY	B	0.69%	0.59%	0.59%
BR	A	0.11%	0.12%	0.11%
CAH	B	0.02%	0.12%	0.02%
CDNS	B	0.14%	0.32%	0.14%
CMCSA	B	0.36%	0.42%	0.36%
CMI	A	0.3%	0.25%	0.25%
CRBG	B	0.04%	0.05%	0.04%
CRM	B	0.51%	0.7%	0.51%
DT	C	0.02%	0.08%	0.02%
DVN	F	0.16%	0.13%	0.13%
EBAY	D	0.13%	0.18%	0.13%
EL	F	0.09%	0.1%	0.09%
EOG	A	0.07%	0.44%	0.07%
FDX	B	0.08%	0.27%	0.08%
FE	C	0.12%	0.1%	0.1%
FIS	C	0.02%	0.26%	0.02%
GEN	B	0.07%	0.1%	0.07%
GILD	C	0.63%	0.61%	0.61%
GOOG	C	1.73%	0.11%	0.11%
HD	A	1.06%	0.28%	0.28%
HPQ	B	0.23%	0.2%	0.2%
INTU	C	0.47%	0.68%	0.47%
K	A	0.12%	0.12%	0.12%
KMB	D	0.26%	0.23%	0.23%
LIN	D	0.14%	0.13%	0.13%
LVS	C	0.08%	0.11%	0.08%
LYB	F	0.13%	0.11%	0.11%
MA	C	0.23%	0.77%	0.23%
MDT	D	0.56%	0.6%	0.56%
MELI	D	0.28%	0.16%	0.16%
MET	A	0.11%	0.21%	0.11%
META	D	2.13%	0.45%	0.45%
MMM	D	0.36%	0.41%	0.36%
MS	A	0.94%	0.15%	0.15%
MSFT	F	6.07%	0.57%	0.57%
NFLX	A	0.64%	0.45%	0.45%
NOW	A	0.47%	0.75%	0.47%
NTAP	C	0.14%	0.16%	0.14%
NTRS	A	0.13%	0.12%	0.12%
NVDA	C	6.83%	0.62%	0.62%
PG	A	0.78%	0.13%	0.13%
PKG	A	0.12%	0.11%	0.11%
PSX	C	0.22%	0.23%	0.22%
QCOM	F	0.74%	0.83%	0.74%
REG	B	0.07%	0.08%	0.07%
RPRX	D	0.04%	0.06%	0.04%
RTX	C	0.18%	0.34%	0.18%
SNA	A	0.11%	0.1%	0.1%
SNPS	B	0.11%	0.2%	0.11%
SPG	B	0.33%	0.35%	0.33%
STT	A	0.18%	0.17%	0.17%
STX	D	0.11%	0.11%	0.11%
SWKS	F	0.08%	0.08%	0.08%
SYY	B	0.17%	0.15%	0.15%
T	A	0.79%	0.63%	0.63%
TAP	C	0.05%	0.07%	0.05%
TER	D	0.02%	0.06%	0.02%
TGT	F	0.28%	0.19%	0.19%
TROW	B	0.16%	0.16%	0.16%
UBER	D	0.28%	0.49%	0.28%
UDR	B	0.08%	0.09%	0.08%
VICI	C	0.19%	0.19%	0.19%
VLO	C	0.08%	0.25%	0.08%
VTR	C	0.14%	0.12%	0.12%
VTRS	A	0.1%	0.09%	0.09%
WMT	A	0.03%	0.75%	0.03%

UDIV Overweight 204 Positions Relative to FLSP

Symbol	Grade	Weight
AAPL	C	6.17%
AMZN	C	3.48%
GOOGL	C	1.92%
AVGO	D	1.72%
TSLA	B	1.48%
XOM	B	1.35%
JPM	A	1.35%
LLY	F	1.21%
JNJ	D	1.16%
CVX	A	1.12%
UNH	C	0.87%
BLK	C	0.87%
CSCO	B	0.86%
PM	B	0.86%
TXN	C	0.85%
C	A	0.82%
IBM	C	0.81%
VZ	C	0.77%
BX	A	0.76%
KO	D	0.74%
MRK	F	0.71%
PFE	D	0.66%
BAC	A	0.65%
AMGN	D	0.62%
UPS	C	0.57%
PEP	F	0.57%
MO	A	0.56%
SO	D	0.53%
ADI	D	0.52%
ORCL	B	0.5%
PNC	B	0.5%
DUK	C	0.49%
ABT	B	0.48%
USB	A	0.47%
CME	A	0.46%
ACN	C	0.45%
GS	A	0.44%
AMD	F	0.43%
ITW	B	0.43%
PLD	D	0.43%
WFC	A	0.42%
WMB	A	0.41%
ETN	A	0.41%
INTC	D	0.41%
APO	B	0.4%
CVS	D	0.39%
OKE	A	0.38%
TFC	A	0.38%
AMT	D	0.35%
NXPI	D	0.35%
LRCX	F	0.34%
V	A	0.34%
KMI	A	0.32%
DLR	B	0.32%
PLTR	B	0.31%
CRWD	B	0.3%
KLAC	D	0.3%
UNP	C	0.3%
SBUX	A	0.3%
AEP	D	0.29%
PSA	D	0.29%
ANET	C	0.28%
PRU	A	0.28%
O	D	0.28%
FAST	B	0.27%
F	C	0.27%
PANW	C	0.27%
LOW	D	0.27%
D	C	0.27%
COST	B	0.26%
PAYX	C	0.26%
COP	C	0.25%
CCI	D	0.24%
KVUE	A	0.23%
MCD	D	0.23%
JCI	C	0.23%
MSCI	C	0.23%
MTB	A	0.22%
EMR	A	0.22%
EXC	C	0.22%
EQIX	A	0.21%
FANG	D	0.21%
GLW	B	0.21%
XEL	A	0.21%
EXR	D	0.2%
MU	D	0.2%
ROK	B	0.2%
GIS	D	0.2%
MCHP	D	0.2%
DOW	F	0.19%
ED	D	0.19%
EIX	B	0.19%
FITB	A	0.19%
VRT	B	0.18%
WEC	A	0.18%
HON	B	0.18%
BKR	B	0.18%
APD	A	0.18%
GRMN	B	0.18%
ETR	B	0.18%
ARES	A	0.18%
IRM	D	0.17%
HBAN	A	0.16%
PEG	A	0.16%
KKR	A	0.16%
KHC	F	0.16%
SW	A	0.16%
RF	A	0.15%
ISRG	A	0.14%
DFS	B	0.14%
CINF	A	0.14%
EQR	B	0.14%
DTE	C	0.14%
PPL	B	0.14%
IFF	D	0.13%
ADP	B	0.13%
DIS	B	0.13%
CFG	B	0.13%
COIN	C	0.13%
NKE	D	0.13%
MPWR	F	0.12%
INVH	D	0.12%
DRI	B	0.12%
CLX	B	0.12%
CTRA	B	0.12%
CMG	B	0.12%
IP	B	0.12%
WELL	A	0.12%
PFG	D	0.12%
MRVL	B	0.12%
ES	D	0.12%
ESS	B	0.11%
ZS	C	0.11%
TSN	B	0.11%
GPC	D	0.11%
CMS	C	0.11%
LUV	C	0.11%
OMC	C	0.11%
NEE	D	0.11%
DASH	A	0.11%
KEY	B	0.11%
WSO	A	0.11%
ALL	A	0.1%
ARE	D	0.1%
KIM	A	0.1%
CAT	B	0.1%
HPE	B	0.1%
DELL	C	0.1%
MAA	B	0.1%
SUI	D	0.09%
DOC	D	0.09%
AMCR	D	0.09%
LNT	A	0.09%
DDOG	A	0.09%
FNF	B	0.09%
EWBC	A	0.09%
BAX	D	0.09%
NI	A	0.09%
SWK	D	0.08%
AXON	A	0.08%
EVRG	A	0.08%
SJM	D	0.07%
WPC	D	0.07%
CG	A	0.07%
NSC	B	0.07%
JNPR	F	0.07%
EMN	D	0.07%
BXP	D	0.07%
CAG	D	0.07%
HST	C	0.07%
CPT	B	0.07%
ELS	C	0.07%
AES	F	0.06%
WDAY	B	0.06%
SCCO	F	0.06%
APA	D	0.06%
SLB	C	0.06%
HUBS	A	0.06%
IPG	D	0.06%
SNOW	C	0.06%
CNH	C	0.06%
TTD	B	0.06%
NET	B	0.06%
GD	F	0.06%
LKQ	D	0.06%
HUBB	B	0.06%
MDB	C	0.05%
CPB	D	0.05%
HRL	D	0.05%
BEN	C	0.04%
TSCO	D	0.04%
SQ	B	0.04%
WBA	F	0.04%
ENTG	D	0.04%
AEE	A	0.03%
SMCI	F	0.03%
DG	F	0.03%
AGR	B	0.02%
SYK	C	0.02%
OKTA	C	0.02%
TT	A	0.02%
SIRI	C	0.01%
BSY	D	0.01%
NEM	D	0.01%

UDIV Underweight 110 Positions Relative to FLSP

Symbol	Grade	Weight
BKNG	A	-0.87%
TJX	A	-0.75%
VRTX	F	-0.49%
NVS	D	-0.48%
MSI	B	-0.48%
PYPL	B	-0.45%
ADSK	A	-0.36%
HCA	F	-0.36%
GM	B	-0.36%
CL	D	-0.36%
CTAS	B	-0.35%
TMO	F	-0.34%
FICO	B	-0.34%
AFL	B	-0.33%
REGN	F	-0.33%
FTNT	C	-0.32%
APP	B	-0.31%
CSX	B	-0.31%
VST	B	-0.29%
LNG	B	-0.29%
MPC	D	-0.27%
KR	B	-0.24%
PH	A	-0.23%
A	D	-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%
AIG	B	-0.21%
CTSH	B	-0.21%
HIG	B	-0.19%
SE	B	-0.18%
IQV	D	-0.17%
LULU	C	-0.16%
ADM	D	-0.16%
DECK	A	-0.16%
IR	B	-0.16%
GDDY	A	-0.15%
MTD	D	-0.15%
ANSS	B	-0.14%
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%
LDOS	C	-0.13%
TYL	B	-0.13%
CBOE	B	-0.12%
NRG	B	-0.12%
CPAY	A	-0.12%
LYV	A	-0.12%
VEEV	C	-0.12%
CSL	C	-0.11%
HOLX	D	-0.11%
LII	A	-0.11%
STLD	B	-0.11%
WSM	B	-0.11%
PHM	D	-0.11%
MRO	B	-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%
ZM	B	-0.1%
L	A	-0.09%
TWLO	A	-0.09%
ROL	B	-0.09%
EQH	B	-0.09%
SSNC	B	-0.09%
TXT	D	-0.09%
OC	A	-0.09%
EXPD	D	-0.09%
MANH	D	-0.09%
AVTR	F	-0.08%
OVV	B	-0.08%
CHRW	C	-0.08%
FFIV	B	-0.08%
DPZ	C	-0.08%
NBIX	C	-0.08%
PAYC	B	-0.07%
FOXA	B	-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%
MTCH	D	-0.06%
CHKP	D	-0.06%
SEIC	B	-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%
ON	D	-0.04%
COR	B	-0.04%
HII	D	-0.04%