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Equity Indexed

FBEQ Franklin U.S. Equity Bitcoin DRIP Index ETF

  • Core equity plus bitcoin. Blends broad U.S. large-cap equity exposure with automated bitcoin accumulation - all through the simplicity of a single ETF.
  • Process over timing. Bitcoin allocation is funded through systematic dividend reinvestment and rebalanced quarterly to maintain targeted exposure.
  • Differentiated return potential. Introduce bitcoin as a complementary growth driver alongside traditional equities.

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NAV 1 $0.38(1.52%)
$25.38
As of 10/28/2026
YTD Total Returns At NAV 2
—
As of 10/28/2026
Total Net Assets
$5.08M
As of 10/28/2026 (Updated Daily)

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Overview

Fund Facts

Fund description

The Fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the VettaFi US Large-Cap 500 Bitcoin DRIP Index (Underlying Index).

Fund Inception Date
10/27/2026
Listing Exchange
NASDAQ - XNMS
Underlying Index
VettaFi US Large-Cap 500 Bitcoin DRIP Index
Investment Universe
VettaFi US Equity Large-Cap 500 Index
30-Day SEC Yield—With Waiver3,4,5As of 09/30/2026 (Updated Monthly)
—
30-Day SEC Yield—Without Waiver4,5As of 09/30/2026 (Updated Monthly)
—
Dividend Frequency, if any
Annually
Distribution Rate at NAV (Updated Daily)
N/A

Expenses & Fees

As of 10/27/2026
Gross Expense Ratio
0.09%
Net Expense Ratio6
0.09%

Identifiers

Underlying Index Ticker
NVDRP
Ticker
FBEQ
CUSIP Code
35473P272
ISIN Code
US35473P2728
Bloomberg Code
FBEQ US

Additional Fund Info

Morningstar Category
N/A
Fiscal Year End
March 31
ETF Type
Indexed
Frequency of Index Reconstitution
Quarterly

Trading Characteristics

(Updated Daily)
Shares Outstanding
200,000
Daily Volume
N/A
20-Day Average Volume
N/A

Manager and Commentary

About the Team

Franklin Templeton Investment Solutions

Franklin Templeton Investment Solutions (FTIS) is a leader in multi-asset, quantitative, and hedged solutions, leveraging a global network of investment teams to offer innovative and diversified strategies. With a focus on long-term investing, we combine deep research, active management, and data-driven insights to create solutions which seek to meet the evolving needs of investors worldwide.

Franklin Templeton Investment Solutions
[Dina Tings avatar]

Managed Fund Since 2026

[Hailey Harriss avatar]

Managed Fund Since 2026

[Joe Diederichs avatar]

Managed Fund Since 2026

[Basit Amins avatar]

Managed Fund Since 2026

Portfolio Manager Profile
Years of Experience
Manager Location

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Portfolio

Assets

As of10/28/2026 (Updated Daily)

Total Net Assets
$5.08 Million

Holdings

As of 10/28/2026 (Updated Daily)

APPLE INC
NVIDIA CORP
MICROSOFT CORP
ALPHABET INC-CL A
FBEQ HOLDINGS CORPORATION
AMAZON.​COM INC
BROADCOM INC
META PLATFORMS INC-CLASS
TESLA INC
MICRON TECHNOLOGY INC
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Pricing

Pricing History

As of 10/28/2026 (Updated Daily)

Chart

Line chart with 2 lines.
The chart has 1 X axis displaying Time. Data ranges from 2026-10-27 00:00:00 to 2026-10-28 00:00:00.
The chart has 1 Y axis displaying [products.performance-value]. Data ranges from 25 to 25.38.
End of interactive chart.

Daily Fund Prices

As of 10/28/2026

Share Prices

As of 10/28/2026

NAV  1(Net Asset Value)
$25.38
NAV Change  1
$0.38
NAV Change (%)  1
1.52%
Market Price  1
—
Market Price Change  1
$-25.00
Market Price Change (%)  1
—

52-Week Range

Highest NAV As of 10/28/2026
$25.38
Lowest NAV As of 10/27/2026
$25.00
Highest Market Price As of 10/27/2026
$25.00
Lowest Market Price As of 10/27/2026
$25.00
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Documents

Regulatory Documents

Prospectus - Franklin U.S. Equity Bitcoin DRIP Index ETF
Mailed hardcopies unavailable.
Summary Prospectus - Franklin U.S. Equity Bitcoin DRIP Index ETF
Mailed hardcopies unavailable.
Statement of Additional Information -Franklin Templeton ETF Trust
Mailed hardcopies unavailable.

Risks

All investments involve risks, including possible loss of principal. Equity securities are subject to price fluctuation and possible loss of principal.  Performance of the fund may vary significantly from the performance of an index, as a result of transaction costs, expenses and other factors. To the extent the fund invests in companies in a specific country or region, the fund may experience greater volatility than a fund that is more broadly diversified geographically.  Because the Fund is non-diversified, it may be more sensitive to economic, business, political or other changes affecting individual issuers or investments than a diversified fund.  The Fund does not invest directly in bitcoin. Instead, it obtains indirect exposure to bitcoin by investing in shares of an affiliated bitcoin exchange-traded product and derivatives. There are significant risks associated with bitcoin and the evolving digital asset market, including price volatility, regulatory uncertainty, operational disruptions, index and technology failures, blockchain events, and cybersecurity threats. The fund is newly organized, with a limited history of operations.

Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.

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Important data provider notices and terms available at www.franklintempletondatasources.com.

Performance data quoted represents past performance, which does not guarantee future results. 

CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.

Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges. 

All investments involve risk, including possible loss of principal. Please see each product's web page for specific details regarding investment objective, risks, performance, and other important information. Review this information carefully before you make any investment decision. Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges.

Carefully consider a fund’s investment objectives, risks, charges and expenses before investing. Please view the prospectus or summary prospectus for this and other information. Read it carefully.

Franklin Templeton, its affiliated companies, and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the “promotion or marketing” of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Any such taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor. 

ETFs trade like stocks, fluctuate in market value and may trade at prices above or below their net asset value. Brokerage commissions and ETF expenses will reduce returns. ETF shares may be bought or sold throughout the day at their market price (MP), not their Net Asset Value (NAV), on the exchange on which they are listed. Shares of ETFs are tradable on secondary markets and may trade either at a premium or a discount to their NAV on the secondary market. Prior to trading in the secondary market, shares of the fund are "created" at NAV by market makers, large investors and institutions only in block-size Creation Units. Each "creator" or "Authorized Participant" enters into an authorized participant agreement with Franklin Distributors, LLC. Only an Authorized Participant may create or redeem Creation Units directly with the fund. Retail investors buy and sell shares of ETFs at market price (not NAV) in the secondary market throughout the trading day. These shares are not individually available for purchase or redemption directly from the ETF.

Franklin Distributors, LLC serves as the distributor of Creation Units for the ETFs on an agency basis. Franklin Distributors, LLC does not maintain a secondary market in the funds' shares. 

Redemption payments will be effected within the specified number of calendar days following the date on which a request for redemption in proper form is made. For more information, please see the ETF’s statement of additional information (SAI) which can be found on the fund’s webpage.

VettaFi US Equity Large-Cap 500 Index is designed to provide accurate coverage of the largest 500 publicly listed U.S. stocks.

VettaFi US Large-Cap 500 Bitcoin DRIP Index includes the VettaFi US Equity Large-Cap 500 Index with Bitcoin exposure that is maintained by systematically and reflects the reinvestment of dividends into the cryptocurrency.

Source: VettaFI. The Franklin U.S. Equity Bitcoin DRIP Index ETF is not issued, sponsored, endorsed, sold or promoted by VettaFi LLC or its affiliates (collectively, “VettaFi”). VettaFi’s only relationship to Franklin Templeton is the licensing of the Indices which are determined, composed and calculated without regard to Franklin Templeton FBEQ.

Diversification does not protect an investor from market risk and does not ensure a profit. We note that Smart Beta ETFs are not riskless investments, so investors can lose money. For additional risk considerations, please see the fund's prospectus.

Footnotes

  1. Net Asset Value (NAV) returns are based on the NAV of the ETF/ETP. The fund’s NAV represents the per-share-value and is determined by dividing the total NAV of the fund by the number of shares outstanding; Market Price returns are based upon the official closing price of the ETF’s/ETP's shares. The fund calculates the NAV per share each business day and normally coincides with the close of trading on the exchange on which they are listed, typically 4 pm ET. The fund does not calculate the NAV on days the exchange is closed for trading. These returns do not represent investors’ returns had they traded shares at other times. 

  2. Figures are aggregate total return figures, have not been annualized and represent the change in value of an investment over the period indicated.

  3. With Waiver means the performance quote reflects any applicable expense reductions and fee waivers.

  4. During periods of rising inflation, fund yields can vary significantly from month-to-month and may not be repeated.

  5. 30-Day SEC Yield is calculated using the net income (interest and dividends) per share earned over a trailing 30-day period (annualized), divided by the fund’s share price at the end of that period. It may not equal the fund’s actual income distribution rate, which reflects the fund’s past dividends paid to shareholders.

  6. Net Expense Ratio represents the expense ratio applicable to investors. 

  7. Premium / Discount reflects the difference between the NAV and the Market Price of the fund, and represents the amount that the fund is trading above or below its NAV, expressed as a percentage of the NAV. 

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