Equity Indexed

XUDV Franklin US Dividend Booster Index ETF

  • Enhanced income. Aims to provide a dividend yield of two to three times compared to the parent index.
  • Risk-aware. Dividend yield maximization balanced against volatility and concentration risks through a robust optimization process.
  • Capital appreciation. Optimization process helps preserve capital appreciation while boosting dividend yield performance.

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NAV 1 $0.31(1.20%)
$26.09
As of 11/07/2025
YTD Total Returns At NAV 2
—
As of 11/07/2025
Total Net Assets
$52.19M
As of 11/09/2025 (Updated Daily)

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Name change

Effective August 1, 2025, this fund’s name was changed. Please refer to the fund’s prospectus for additional information.

Skipped to Overview Section Content

Overview

Fund Facts

Fund description

This fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of an index that aims to deliver excess (or "multiplied") dividend yield relative to the U.S. large cap equity market balanced against volatility.

Fund Inception Date
01/21/2025
Listing Exchange
NYSE Arca
Underlying Index
VettaFi New Frontier U.S. Dividend Select Index
Investment Universe
VettaFi U.S. Equity Large-Cap 500 Index
30-Day SEC Yield—With Waiver 3,4,5As of 09/30/2025 (Updated Monthly)
4.43%
30-Day SEC Yield—Without Waiver 3,5As of 09/30/2025 (Updated Monthly)
4.43%
Dividend Frequency, if any
Quarterly
Distribution Rate at NAV As of 11/07/2025 (Updated Daily)
3.64%

Expenses & Fees

As of 08/01/2025
Gross Expense Ratio6
0.09%
Net Expense Ratio6,7
0.09%

Identifiers

Underlying Index Ticker
N/A
Ticker
XUDV
CUSIP Code
35473P389
ISIN Code
US35473P3890
Bloomberg Code
XUDV US

Average Annual Total Returns

View performance section for additional info As of 09/30/2025
  • —1 Year
  • —3 Years
  • —5 Years
  • —10 Years
  • 7.29%Since Inception
    01/21/2025

Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.

Top Sectors

View portfolio section for additional info

As of 11/06/2025 % of Total (Updated Daily)

Financials23.66%
Consumer Staples13.19%
Health Care12.74%
Energy9.61%
Industrials8.43%

Additional Fund Info

Morningstar Category
Large Value
Fiscal Year End
March 31
ETF Type
Indexed
Frequency of Index Reconstitution
Quarterly

Trading Characteristics

As of 11/07/2025 (Updated Daily)
Shares Outstanding
2,000,000
Daily Volume
1,284
20-Day Average Volume
37064.15

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Manager and Commentary

About the Team

Franklin ETF and Index Investments

At Franklin ETF and Index Investments, we believe that tracking global indices is a blend of art and science. Our Portfolio Managers collaborate for a rigorous assessment of the returns, risks, costs and tax implications of each transaction, all with the goal of delivering the highest tax-adjusted returns. Drawing on decades of deep expertise in global markets, our team is dedicated to providing world-class indexing solutions that offer cost-effective, competitive and consistent investment performance.

Franklin ETF and Index Investments
[Dina Tings avatar]

Managed Fund Since 2025

[Hailey Harriss avatar]

Managed Fund Since 2025

[Joe Diederichs avatar]

Managed Fund Since 2025

[Basit Amins avatar]

Managed Fund Since 2025

Portfolio Manager Profile
Years of Experience
Manager Location

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Performance

Calendar Year Returns

As of 09/30/2025

Franklin US Dividend Booster Index ETF - Market Price Return (%)
Franklin US Dividend Booster Index ETF - NAV Return (%)
VettaFi U.S. Equity Large-Cap 500 Index (%)
VettaFi New Frontier U.S. Dividend Select Index (%)
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Portfolio

Assets

As of11/09/2025 (Updated Daily)

Total Net Assets
$52.19 Million

Positions

As of 11/09/2025 (Updated Daily)

Number of Holdings
Fund
103

Portfolio Statistics

As of 11/09/2025 (Updated Daily)

Price to Earnings (12-Month Forward)
Fund
12.31x
Benchmark
24.95x
Price to Book
Fund
2.00x
Benchmark
5.43x
Weighted Average Market Capitalization (USD)
Fund
$77.88 Billion
Benchmark
—
Price to Earnings (12-Month Trailing)
Fund
14.19x
Benchmark
28.51x

Geographic Allocation

As of 11/07/2025 % of Total (Updated Daily)

Geography Fund
Benchmark

North America

 99.94% 99.82%

Cash & Cash Equivalents

 0.06% —

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0 to 99.9363.
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Holdings

As of 11/07/2025 (Updated Daily)

UNITED PARCEL SERVICE-CL
PFIZER INC
VERIZON COMMUNICATIONS IN
ALTRIA GROUP INC
EDISON INTERNATIONAL
FORD MOTOR CO
BRISTOL-MYERS SQUIBB CO
CME GROUP INC
KRAFT HEINZ CO/THE
T ROWE PRICE GROUP INC
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Distributions & Tax

Distribution Frequency
QuarterlyThis fund is an ex-Dividend fund
Capital Gain Distributions
December

Rates and Yields Read important information about results and other investment disclosures

Distribution Rate 

As of 11/07/2025 (Updated Daily)
At Net Asset Value (NAV) 3.64%
At Market Price 3.64%

30-Day SEC Yield 3,4,5

As of 09/30/2025 (Updated Monthly)
w/ Waiver  4.43%
w/o Waiver 4.43%

Distributions are not guaranteed and are subject to change.

Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.

Distributions Per Share
Distribution amounts may be estimates

09/22/2025
06/20/2025
03/21/2025

Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.

The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.

Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.

Skipped to Pricing Section Content

Pricing

Pricing History

As of 11/07/2025 (Updated Daily)

Chart

Line chart with 2 lines.
The chart has 1 X axis displaying Time. Data ranges from 2025-01-21 00:00:00 to 2025-11-07 00:00:00.
The chart has 1 Y axis displaying [products.performance-value]. Data ranges from 21.47 to 27.01.
End of interactive chart.

Daily Fund Prices

As of 11/07/2025

Share Prices

As of 11/07/2025

NAV  1(Net Asset Value)
$26.09
NAV Change  1
$0.31
NAV Change (%)  1
1.20%
Market Price  1
$26.08
Market Price Change  1
$0.29
Market Price Change (%)  1
1.12%

52-Week Range

Highest NAV As of 10/03/2025
$27.01
Lowest NAV As of 04/08/2025
$21.51
Highest Market Price As of 10/03/2025
$27.01
Lowest Market Price As of 04/08/2025
$21.47

Premium / Discount

As of 11/07/2025

30-Day Median Bid/Ask Spread
0.15%
Bid / Ask Spread
$0.03
Avg. of Market Price vs. NAV since Inception
0.01%
Avg. of Market Price vs. NAV at Close 8
-0.04%
Skipped to Documents Section Content

Documents

Fund Literature
 Name Download Add to Cart
Factsheet - Franklin US Dividend Booster Index ETFDownload Document
Regulatory Documents
 Name Download Add to Cart
Annual Report - Franklin US Dividend Booster Index ETF - Single ClassDownload Document
Annual Financial Statements and Other Information - Franklin Templeton ETF TrustDownload Document
Prospectus - Franklin Templeton ETF Trust 8 Active FundsDownload Document
Summary Prospectus - Franklin U.S. Dividend Booster Index ETFDownload Document
Statement of Additional Information - Franklin Templeton ETF Trust 8 Active FundsMailed hardcopies unavailable.Download Document
Fiscal Q1 Holdings - Franklin Templeton ETF Trust Smart Beta FundsMailed hardcopies unavailable.Download Document

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Risks

All investments involve risks, including possible loss of principal. Equity securities are subject to price fluctuation and possible loss of principal. To the extent the portfolio invests in a concentration of certain securities, regions or industries, it is subject to increased volatility. Dividends may fluctuate and are not guaranteed, and a company may reduce or eliminate its dividend at any time. Performance of the fund may vary significantly from the performance of an index, as a result of transaction costs, expenses and other factors. There can be no assurance that the underlying index's calculation methodology or sources of information will provide an accurate assessment of included issuers or that the included issuers will provide the fund with the market exposure it seeks. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. The fund is newly organized, with a limited history of operations. These and other risks are discussed in the fund's prospectus.

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Important Information

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 New Frontier U.S. Dividend Select Index aims to deliver excess or "multiplied" dividend yield balanced against volatility relative to the VettaFi US Equity Large-Cap 500 Index subject to constraints, such as those for individual stock and sector weightings.
Source: VettaFi. The Franklin U.S. Dividend Booster 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 XUDV.

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

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

  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. Gross Expense Ratio reflects the total annual operating expenses for the share class shown, prior to the deduction of any waiver or reimbursement. Actual expenses may be higher and may impact portfolio returns. Net Expense Ratio reflects total expenses after any fee waivers, implemented expense caps or reimbursements. If a fund has contractual fee waivers, expense caps and/or reimbursements, the expiration date can be found by clicking on the information button next to the net expense ratio. Additional amounts may be voluntarily waived and/or reimbursed and may be modified or discontinued at any time without notice. Expense ratios are as of the most recent prospectus or annual report.

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

  8. Premiums or discounts are the differences between the NAV and the Market Price of the Fund on a given day, generally at the time the NAV is calculated. A premium is the amount that the Fund is trading above the reported NAV, expressed as a percentage of the NAV. A discount is the amount that the Fund is trading below the reported NAV, expressed as a percentage of the NAV. The since inception premium/discount average is calculated by averaging the daily premium/discount since the inception of the fund. The daily premium/discount is the difference between the daily market price for shares of the Fund and the Fund's net asset value. The Market Price is determined using the closing price as of 4 pm ET on each trading day (when NAV is normally determined for most funds).

  9. 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. 

  10. The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products with at least a three-year history, and subject to change monthly. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total return, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total return. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Ratings do not take into account the effects of sales charges and loads. Morningstar Rating is for the specified share class(es) only; other classes may have different performance characteristics. 
    ©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.