Franklin Exponential Data ETF
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.1%
1 yr return
18.9%
3 Yr Avg Return
-8.5%
5 Yr Avg Return
N/A
Net Assets
$6.37 M
Holdings in Top 10
55.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XDAT - Profile
Distributions
- YTD Total Return 3.1%
- 3 Yr Annualized Total Return -8.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFranklin Exponential Data ETF
-
Fund Family NameFranklin Templeton Group of Funds
-
Inception DateJan 14, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoyce Lin
Fund Description
Under normal market conditions, the Fund invests at least 80% of its net assets in equity securities of companies that are relevant to the Fund's investment theme of exponential data. The Fund invests predominantly in common stock.
Companies relevant to the Fund’s investment theme of exponential data are those that the investment manager believes are substantially focused on and/or are expected to substantially benefit from the use of large data sets and/or the growth of data, including systems, services, hardware, software and other digital and physical infrastructure related to data creation, amplification, collection, cleaning, recording, analysis, processing, transmission, delivery, storage, encryption and security. These companies may include companies benefitting from or facilitating the application or development of cloud computing technologies and services, data supporting infrastructure and data analytics solutions, including companies providing hardware and software technologies supporting data applications as well as those utilizing data analysis systems to provide or improve goods and services (e.g., software-as-a-service and personalized advertising and health care services). These companies may also include companies the investment manager believes represent new and innovative use cases for data, such as those benefitting from or facilitating artificial intelligence, machine learning, and augmented and virtual reality.
The Fund also may invest in real estate investment trusts (REITs).
In pursuing the Fund’s investment theme, the investment manager may invest in companies in any economic sector or of any market capitalization and may invest in companies both inside and outside of the United States, including those in developing or emerging markets. Although the Fund may invest across economic sectors, the Fund concentrates its investments in information technology related industries. The Fund is a “non-diversified” fund, which means it generally invests a greater proportion of its assets in the securities of one or more issuers and invests overall in a smaller number of issuers than a diversified fund.
In selecting companies that the investment manager believes are relevant to the Fund’s investment theme of exponential data, the investment manager seeks to identify, using its own fundamental, “bottom-up” research and analysis, companies positioned to capitalize on innovations in or that are enabling the further development of the exponential data theme in the markets in which they operate. The investment manager’s internal research and analysis leverages insights from
diverse sources, including external research, to develop and refine its investment theme and identify and take advantage of trends that have ramifications for individual companies or entire industries. In analyzing investment opportunities for the Fund, the investment manager also evaluates market segments, products, services and business models positioned to benefit significantly from innovations in data products or services or the commercialization of data relative to the broad equities market, and seeks to identify the primary beneficiaries of new trends or developments in exponential data to select investments for the Fund. The Fund’s thematic investment process is designed to construct a portfolio of companies the investment manager believes are substantially focused on and/or are expected to substantially benefit from the exponential data theme based on a determination that exposure to the theme is driving or, in the investment manager’s opinion, will in the future drive an issuer’s growth or competitive positioning, including companies that either currently monetize data or have the potential in the future to monetize data.
The investment manager may seek to sell a security if: (i) the security reaches its valuation target; (ii) the security reaches its position size limit in the Fund’s portfolio; (iii) the security’s fundamentals deteriorate; (iv) there are adverse policy changes that could affect the security’s outlook; or (v) better investment opportunities become available.
XDAT - Performance
Return Ranking - Trailing
Period | XDAT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.1% | -38.5% | 31.2% | 95.27% |
1 Yr | 18.9% | -67.1% | 39.2% | 91.80% |
3 Yr | -8.5%* | -40.8% | 30.6% | N/A |
5 Yr | N/A* | -33.3% | 22.3% | N/A |
10 Yr | N/A* | -16.3% | 23.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | XDAT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 45.8% | -73.9% | 35.7% | N/A |
2022 | -45.7% | -25.6% | 73.1% | N/A |
2021 | N/A | -97.5% | 60.0% | N/A |
2020 | N/A | -24.7% | 44.9% | N/A |
2019 | N/A | -22.9% | 38.5% | N/A |
Total Return Ranking - Trailing
Period | XDAT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.1% | -75.9% | 954.2% | 96.72% |
1 Yr | 18.9% | -67.1% | 66.6% | 92.73% |
3 Yr | -8.5%* | -40.8% | 30.6% | N/A |
5 Yr | N/A* | -33.3% | 30.0% | N/A |
10 Yr | N/A* | -16.3% | 23.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | XDAT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 45.8% | -73.9% | 35.7% | N/A |
2022 | -45.7% | -25.6% | 73.1% | N/A |
2021 | N/A | -97.5% | 60.0% | N/A |
2020 | N/A | -24.7% | 44.9% | N/A |
2019 | N/A | -22.9% | 43.6% | N/A |
XDAT - Holdings
Concentration Analysis
XDAT | Category Low | Category High | XDAT % Rank | |
---|---|---|---|---|
Net Assets | 6.37 M | 863 K | 50.4 B | 96.52% |
Number of Holdings | 46 | 1 | 470 | 48.23% |
Net Assets in Top 10 | 3.15 M | 0 | 30.3 B | 93.57% |
Weighting of Top 10 | 55.31% | 7.6% | 100.0% | 58.06% |
Top 10 Holdings
- Microsoft Corp 9.30%
- Crowdstrike Holdings Inc 6.59%
- Palo Alto Networks Inc 5.74%
- ServiceNow Inc 5.48%
- Alphabet Inc 5.39%
- Datadog Inc 5.30%
- Fair Isaac Corp 4.75%
- Arista Networks Inc 4.55%
- Meta Platforms Inc 4.39%
- MongoDB Inc 3.81%
Asset Allocation
Weighting | Return Low | Return High | XDAT % Rank | |
---|---|---|---|---|
Stocks | 100.14% | 0.00% | 100.53% | 67.85% |
Preferred Stocks | 0.00% | 0.00% | 2.84% | 60.45% |
Other | 0.00% | -1.08% | 26.87% | 62.38% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 58.84% |
Cash | 0.00% | -0.53% | 100.00% | 25.72% |
Bonds | 0.00% | 0.00% | 4.72% | 60.13% |
Stock Sector Breakdown
Weighting | Return Low | Return High | XDAT % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 6.27% | 59.35% |
Technology | 0.00% | 2.80% | 100.00% | 51.61% |
Real Estate | 0.00% | 0.00% | 15.05% | 1.61% |
Industrials | 0.00% | 0.00% | 53.73% | 52.90% |
Healthcare | 0.00% | 0.00% | 43.58% | 33.55% |
Financial Services | 0.00% | 0.00% | 52.54% | 36.45% |
Energy | 0.00% | 0.00% | 7.96% | 59.35% |
Communication Services | 0.00% | 0.00% | 97.05% | 31.94% |
Consumer Defense | 0.00% | 0.00% | 5.64% | 64.52% |
Consumer Cyclical | 0.00% | 0.00% | 51.15% | 90.32% |
Basic Materials | 0.00% | 0.00% | 36.08% | 62.90% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | XDAT % Rank | |
---|---|---|---|---|
US | 98.85% | 0.00% | 100.53% | 12.54% |
Non US | 1.29% | 0.00% | 99.27% | 89.39% |
XDAT - Expenses
Operational Fees
XDAT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.50% | 0.08% | 2.97% | 77.17% |
Management Fee | 0.50% | 0.00% | 1.95% | 21.53% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.50% | N/A |
Sales Fees
XDAT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
XDAT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XDAT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 281.00% | 66.50% |
XDAT - Distributions
Dividend Yield Analysis
XDAT | Category Low | Category High | XDAT % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 42.10% | 65.18% |
Dividend Distribution Analysis
XDAT | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Monthly | Annually |
Net Income Ratio Analysis
XDAT | Category Low | Category High | XDAT % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -2.30% | 2.08% | 36.05% |
Capital Gain Distribution Analysis
XDAT | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
XDAT - Fund Manager Analysis
Managers
Joyce Lin
Start Date
Tenure
Tenure Rank
Jan 12, 2021
1.38
1.4%
Ms. Lin has been a portfolio manager of Franklin Tenmpleton, providing research and advice on the purchases and sales of individual securities, and portfolio risk assessment. She joined Franklin Templeton in 2014. Prior to joining Franklin Templeton in 2014, Ms. Lin was a research associate at Cooke & Bieler, a value based investment management firm.
Matthew Moberg
Start Date
Tenure
Tenure Rank
Jan 12, 2021
1.38
1.4%
Moberg is a Vice President, Portfolio Manager and Research Analyst of Franklin Advisers, Inc. He provides research and advice on the purchases and sales of individual securities, and portfolio risk assessment. He joined Franklin Templeton Investments in 1998. Moberg holds the Certified Public Accountant designation. Mr. Moberg earned his B.A. in history from Washington and Lee University and an M.B.A. with distinction from the University of Michigan.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 32.43 | 7.88 | 2.12 |