Equity Active

FRIZ Franklin Dividend Growth ETF

Diversification. Invests in a high conviction portfolio of 30-50 companies across the entire market-cap spectrum and a variety of industries and sectors.
Focus on high quality. Seeks to identify companies with resilient business models, good corporate governance, and sustainable competitive advantages.
Research-driven. Leverages both the research resources of Franklin Equity Group and a dedicated team focused on bottom-up dividend growth investing.

Overview

See the risks and other important information.

Fund Facts

Fund description

The fund seeks long-term capital appreciation by investing in financially sound, primarily US-based companies that generate or have the potential to generate consistent dividend payments. The investment manager seeks to identify companies with resilient business models, good corporate governance, and sustainable competitive advantages.

Benchmark: NASDAQ US Broad Dividend Achievers Index
Fund Inception Date: 08/28/2025
Listing Exchange: NYSE Arca
Dividend Frequency, if any: Quarterly
Distribution Rate at NAV³As of 03/31/2026 (Updated Daily): 0.73%
30-Day SEC Yield—With Waiver^4,5,6As of 02/28/2026 (Updated Monthly): 1.01%
30-Day SEC Yield—Without Waiver^5,6As of 02/28/2026 (Updated Monthly): 1.01%

Expenses & Fees

As of 08/28/2025

Gross Expense Ratio⁷: 0.49%
Net Expense Ratio^7,8: 0.49%

Identifiers

Ticker: FRIZ
CUSIP Code: 35473P363
ISIN Code: US35473P3635
Bloomberg Code: FRIZ US

Average Annual Total Returns As of 02/28/2026

View performance section for additional info As of 02/28/2026

Market Price Return

NAV Return

—1 Year
—3 Years
—5 Years
—10 Years
4.72%Since Inception
08/28/2025

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 02/28/2026 % of Total (Updated Monthly)

Top Sectors
Financial Services11.57%
Software & Services10.30%
Pharmaceuticals, Biotechnology & Life Sciences10.04%
Capital Goods9.23%
Semiconductors & Semiconductor Equipment6.70%

Additional Fund Info

Fiscal Year End: March 31
ETF Type: Active
Morningstar Category⁹: Large Blend

Trading Characteristics

As of 03/31/2026 (Updated Daily)

Shares Outstanding: 200,000
Daily Volume: 111
20-Day Average Volume: 236.40

Manager and Commentary

About the Team

Franklin Equity

Franklin Equity understands innovation from every angle—our decades of experience investing in complex change fuels a differentiated perspective on how public and private companies accelerate growth and unlock value. Leveraging fundamental depth and quantitative precision, we identify catalysts for transformation that reshape companies and industries. Our expertise, spanning from growth to value, brings together diverse perspectives that help us spot opportunities ahead of the market.

Franklin Equity

Managed Fund Since 2025

Latest Insights

March 2, 2026

Five catalysts for international value stocks in 2026 and beyond

February 18, 2026

Quick Thoughts: At the knee of the curve of disruption

February 16, 2026

Biotechnology in 2026: Innovation amid industry transformation

February 9, 2026

What's next for gold?

Performance

Average Annual Total Returns

¹⁰

As of 02/28/2026

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Returns are based on Market Price or NAV, assume the reinvestment of all distributions and the deduction of all Fund expenses. Performance would have been lower if expenses had not been waived in various periods. Returns for periods of less than one year are not annualized.

Month End

Quarter End

As of

Franklin Dividend Growth ETF - Market Price Return (%)

Month End

As of 02/28/2026

Franklin Dividend Growth ETF - NAV Return (%)

Month End

As of 02/28/2026

NASDAQ US Broad Dividend Achievers Index (%)

Month End

As of 02/28/2026

Portfolio

Assets

As of03/31/2026 (Updated Daily)

Total Net Assets: $4.93 Million

Positions

As of 02/28/2026 (Updated Monthly)

Number of Issuers

Fund: 41
Benchmark: 425

Portfolio Statistics

As of 02/28/2026 (Updated Monthly)

Price to Book

Fund: 5.53x
Benchmark: 4.78x

Weighted Average Market Capitalization (USD)

Fund: $629.56 Billion
Benchmark: $566.14 Billion

Price to Earnings (12-Month Forward)

Fund: 23.47x
Benchmark: 20.99x

Asset Allocation

As of 02/28/2026 % of Total (Updated Monthly)

Asset Allocation
Holdings	Fund
Equity	97.89%
Cash & Cash Equivalents	2.11%

Holdings
As of 03/31/2026 (Updated Daily)

MICROSOFT CORP

BROADCOM INC

JPMORGAN CHASE & CO

APPLE INC

WALMART INC

ELI LILLY & CO

VISA INC-CLASS A SHARES

LINDE PLC

CHEVRON CORP

JOHNSON & JOHNSON

Distributions & Tax

Distribution Frequency
Ex-Dividend Fund: This type of fund declares periodic dividends, which are paid to shareholders who own the fund as of a certain date - known as the "record date". After the record date, the fund is said to be trading "ex-dividend"(literally, without the dividend). An investor who buys shares during the interval between the record date and the payment of the dividend does not receive the dividend. A fund that's in the ex-dividend period is marked with an "x" in newspaper listings.

Daily Accrual Fund: This type of fund typically declares income dividends each day that its net asset value is calculated. These dividends remain in the fund until the designated reinvestment or payment date and are distributed to the shareholders, generally once a month, as additional shares or cash, respectively.: QuarterlyThis fund is an ex-Dividend fund
Capital Gain Distributions: December

Proposed 2026 distribution dates for ETFs

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

Distribution Rate ³

As of 03/31/2026 (Updated Daily)

At Net Asset Value (NAV) 0.73%

30-Day SEC Yield ^4,5,6

As of 02/28/2026 (Updated Monthly)

w/ Waiver 1.01%

w/o Waiver 1.01%

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
Distributions with future dates are estimates and those figures are not final

03/23/2026

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.

Pricing

Pricing History

As of 03/31/2026 (Updated Daily)

Time Period

From

From Date

To Date

Daily Fund Prices

As of 03/31/2026

Share Prices

As of 03/31/2026

NAV ¹(Net Asset Value): $24.64
NAV Change ¹: $0.46
NAV Change (%) ¹: 1.90%
Market Price ¹: $24.63
Market Price Change ¹: $0.46
Market Price Change (%) ¹: 1.90%

52-Week Range

Highest NAV As of 01/12/2026: $26.26
Lowest NAV As of 03/27/2026: $24.15
Highest Market Price As of 01/12/2026: $26.25
Lowest Market Price As of 03/27/2026: $24.15

Documents

Fund Literature

Fund Literature
Checkbox	Name	Download	Add to Cart
Checkbox	Factsheet - Franklin Dividend Growth ETF	Download Document

Regulatory Documents

Regulatory Documents
Checkbox	Name	Download
Checkbox	Semi-Annual Report - Franklin Dividend Growth ETF - Single Class	Download Document
Checkbox	Semi-Annual Financial Statements and Other Information - Franklin Income Equity Focus ETF	Download Document
Checkbox	Prospectus-Franklin Dividend Growth ETFMailed hardcopies unavailable.	Download Document
Checkbox	Summary Prospectus-Franklin Dividend Growth ETF	Download Document
Checkbox	Statement of Aditional Information -Franklin Dividend Growth ETFMailed hardcopies unavailable.	Download Document
Checkbox	Q3 Portfolio Holdings - Franklin Templeton ETF TrustMailed hardcopies unavailable.	Download Document

Risks

All investments involve risks, including possible loss of principal. Equity securities are subject to price fluctuation and possible loss of principal. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. Depositary receipts are subject to international investment risk and potentially negative effects from currency exchange rates, foreign taxation and differences in auditing and other financial standards. Dividends may fluctuate and are not guaranteed, and a company may reduce or eliminate its dividend at any time. To the extent the portfolio invests in a concentration of certain securities, regions or industries, it is subject to increased volatility. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. The fund is newly organized, with a limited history of operations. When the fund's size is small, the fund may experience low trading volume and wide bid/ask spreads. These and other risks are discussed in the fund's prospectus.

Important Information

Total Returns include change in share price, assume reinvestment of all distributions, and reflect the deduction of fund expenses and applicable fees. Total returns, distribution rate, and yields reflect any applicable expense reductions and fee waivers; without these reductions, the results would have been lower.

Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.

Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.

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.

You need Adobe Acrobat Reader to view and print PDF documents. Download a free version from Adobe's website.

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.

Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.

The NASDAQ US Broad Dividend Achievers® Index includes US companies with at least ten consecutive years of increasing annual dividend payments.

Footnotes

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.
Figures are aggregate total return figures, have not been annualized and represent the change in value of an investment over the period indicated.
Distribution Rate is calculated by annualizing the most recent distribution amount paid, divided by the closing market price or NAV as of the date indicated. The Distribution Rate calculation includes income and excludes special distributions. The Distribution Rate is subject to change and is not guaranteed nor a quotation of fund performance.
With Waiver means the performance quote reflects any applicable expense reductions and fee waivers.
During periods of rising inflation, fund yields can vary significantly from month-to-month and may not be repeated.
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.
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.
Net Expense Ratio represents the expense ratio applicable to investors.
©2026 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.
Returns are average annualized total returns, except for those periods of less than one year, which are cumulative. Market Price returns are calculated using the closing price as of 4 pm ET on each trading day (when NAV is normally determined for most funds), and do not represent the returns you would receive if you traded shares at other times. Since shares of the fund did not trade in the secondary market until after the fund's inception, for the period from inception to the first day of secondary trading (8/28/25), the NAV of the fund is used as a proxy for the Market Price to calculate market returns. Index returns are adjusted for withholding taxes. Performance for the ETF/ETP and its benchmark index are as of the ETF's/ETP's last trading day before the end of the period.

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FRIZ Franklin Dividend Growth ETF

Popular Documents

Overview

Fund description

Expenses & Fees

Identifiers

Top Sectors

Additional Fund Info

Trading Characteristics

Manager and Commentary

About the Team

Latest Insights

Performance

Average Annual Total Returns

Portfolio

Asset Allocation

Distributions & Tax

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

Pricing

Chart

Daily Fund Prices

Documents

Risks

Important Information

Footnotes