UDIV tracks an index to search for high dividend yield across the US equities market. The fund starts its selection process from the index parent universe, which is composed of large- and mid-capitalization US stocks representing the top 85% of the US equity market by float-adjusted market capitalization. From this universe, the underlying index aims to limit expected tracking error to the parent index by utilizing an optimization process that is applied at each quarterly reconstitution. The underlying index also tilts the selection and weighting process to favor high dividend paying companies (based on trailing twelve-month dividend yield). Prior to August 1, 2022, the fund was named Franklin LibertyQ Global Dividend ETF, with ticker FLQD, and tracked the LibertyQ Global Dividend Index.

NVIDIA Corporation

Apple Inc.

Microsoft Corporation

Amazon.com, Inc.

Broadcom Inc.

Alphabet Inc.

Meta Platforms, Inc.

JPMorgan Chase & Co.

Micron Technology, Inc.

Technology

Financial Services

Communication Services

Consumer Cyclical

Healthcare

Consumer Defensive

Industrials

Real Estate

Energy

Utilities

Franklin U.S. Core Dividend Tilt Index ETF

UDIV Holdings & Sector Breakdown