Franklin Disruptive Commerce ETF
ALTAR
Score™
-0.1% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
331.3x P/Sales
ratio
4.9x
P/BV
ratio
14.0x Div.
yield
0.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
BUYZ is an actively managed portfolio of global equities expecting to benefit from disruptive commerce for consumers and businesses.

FUND BASICS
Category Global Equities
Fund Sponsor Franklin Templeton
Website www.franklintempleton.com
Inception date Feb 25, 2020
Assets (mns) $3
Currency USD
Expense ratio 50 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 60
Wgt avg mkt cap (mns) $179,940
Large cap (>$10bn) 83.1%
Mid cap ($2-10bn) 15.0%
Small cap (<$2bn) 2.0%
Developed mkts 79.5%
Emerging mkts 20.5%

TOP TEN HOLDINGS
AMAZON.COM INC 5.9 %
SHOPIFY, INC. CLASS A 5.8 %
SEA LTD. (SINGAPORE) SPONSORED ADR 4.8 %
ALIBABA GROUP HOLDING LTD. SPONSOR 4.8 %
MERCADOLIBRE INC 3.8 %
PAYPAL HOLDINGS INC 3.5 %
COUPA SOFTWARE, INC. 3.4 %
VISA INC-CLASS A SHARES 2.9 %
AVALARA INC 2.9 %
MASTERCARD INC-CLASS A 2.8 %
Total 40.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 54.9 %
CHINA 12.9 %
CANADA 5.8 %
SINGAPORE 4.8 %
ISRAEL 4.1 %
ARGENTINA 3.8 %
GERMANY 1.6 %
AUSTRALIA 1.1 %
BRAZIL 0.7 %
JAPAN 0.5 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 01)
Year-to-date 1 year 5 years 10 years Since Incep.
-- -- -- -- 0.0%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $32.19
30d moving avg. $27.93
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 74

Liquidity measures
Avg. volume (thou.) 10
Turnover 10.0%
Bid/Ask (% of price) 0.50%
ADV underlying (mns) $49,823

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Franklin Disruptive Commerce ETF ETF based on the alternatives' overlap in portfolio holdings with BUYZ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: BUYZ Expense: 50 bp ALTAR Score™: -0.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH BUYZ
Ticker Fund
Name
Overlap1
vs BUYZ
(%)
Expense
ratio
(bp)
Savings
vs BUYZ
(bp)
ALTAR
Score™
(%)
ALTAR
vs BUYZ
(%)
PNQI Invesco NASDAQ Internet ETF 37.2 62 -12 1.2 +1.3
OGIG O'Shares Global Internet Giants ETF 36.3 48 2 0.5 +0.7
GBUY Goldman Sachs Motif New Age Consumer ETF 32.6 50 0 2.1 +2.3
GIGE SoFi Gig Economy ETF 30.2 59 -9 -0.6 -0.5
IBUY Amplify Online Retail ETF 26.0 65 -15 -1.6 -1.4
ARKF ARK Fintech Innovation ETF 25.8 75 -25 0.8 +1.0
PLAT WisdomTree Modern Tech Platforms Fund 25.5 45 5 1.3 +1.4
EBIZ Global X E-Commerce ETF 24.8 50 0 3.0 +3.1
TTTN UP Fintech China-U.S. Internet Titans ETF 24.5 59 -9 5.1 +5.2
JOYY Infusive Compounding Global Equities ETF 23.6 50 0 3.9 +4.1
FDNI First Trust Dow Jones International Internet ETF 23.4 65 -15 2.9 +3.0
ONLN ProShares Online Retail ETF 22.5 58 -8 1.6 +1.8
GVIP Goldman Sachs Hedge Industry VIP ETF 22.2 45 5 5.0 +5.2
IGM iShares North American Tech ETF 21.4 46 4 4.0 +4.2
AIQ Global X Future Analytics Tech ETF 20.7 68 -18 4.2 +4.3
MILN Global X Millennials Thematic ETF 20.4 50 0 2.7 +2.8
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 19.6 86 -36 2.4 +2.5
JKE iShares Morningstar Large-Cap Growth ETF 19.6 25 25 3.5 +3.6
IETC iShares Evolved U.S. Technology ETF 19.5 18 32 4.1 +4.3
TECB iShares US Tech Breakthrough Multisector ETF 19.1 40 10 4.1 +4.2
FDN First Trust Dow Jones Internet Index Fund 18.8 52 -2 2.5 +2.6
TMFC Motley Fool 100 Index ETF 18.8 50 0 4.0 +4.1
MGK Vanguard Mega Cap Growth ETF 18.6 7 43 4.3 +4.5
ARKW ARK Web x.0 ETF 18.6 76 -26 -0.8 -0.7
XNTK SPDR Morgan Stanley Technology ETF 18.2 35 15 4.0 +4.2
VUG Vanguard Growth Index Fund 17.9 4 46 4.2 +4.4
QGRO American Century STOXX U.S. Quality Growth ETF 17.4 29 21 3.1 +3.2
TPAY Tortoise Digital Payments Infrastructure Fund 17.4 40 10 5.5 +5.7
SCHG Schwab U.S. Large-Cap Growth ETF 17.2 4 46 4.3 +4.4
GENY Principal Millennials Index ETF 17.1 45 5 4.0 +4.1
KOIN Innovation Shares NextGen Protocol ETF 17.0 95 -45 4.4 +4.6
IWY iShares Russell Top 200 Growth ETF 16.9 20 30 4.3 +4.5
GFIN Goldman Sachs Motif Finance Reimagined ETF 16.8 50 0 5.6 +5.7
IWF iShares Russell 1000 Growth ETF 16.6 19 31 4.3 +4.5
VONG Vanguard Russell 1000 Growth Index Fund 16.6 8 42 4.4 +4.6
XBUY Amplify International Online Retail ETF 16.5 69 -19 -1.1 -1.0
DWLD Davis Select Worldwide ETF 16.4 64 -14 6.8 +6.9
VOOG Vanguard S&P 500 Growth ETF 16.0 10 40 4.4 +4.6
SPYG SPDR Portfolio S&P 500 Growth ETF 16.0 4 46 4.5 +4.6
IVW iShares S&P 500 Growth ETF 16.0 18 32 4.3 +4.5
IUSG iShares Core S&P US Growth ETF 15.7 4 46 4.5 +4.6
BLCN Reality Shares Nasdaq NextGen Economy ETF 15.5 68 -18 4.4 +4.6
XLG Invesco S&P 500 Top 50 ETF 15.5 20 30 4.7 +4.8
SKYY First Trust Cloud Computing ETF 15.4 60 -10 1.9 +2.1
OEF iShares S&P 100 ETF 14.9 20 30 5.0 +5.1
LRGE ClearBridge Large Cap Growth ESG ETF 14.9 60 -10 4.0 +4.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 14.5 60 -10 4.5 +4.7
ALFA AlphaClone Alternative Alpha ETF 14.4 65 -15 3.8 +3.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 14.1 75 -25 3.7 +3.8
CACG ClearBridge All Cap Growth ETF 14.0 54 -4 4.5 +4.6
FPX First Trust US IPO Index Fund 13.9 59 -9 4.2 +4.3
TTAC TrimTabs Float Shrink ETF 13.8 59 -9 3.6 +3.7
FPXI First Trust International Equity Opportunities ETF 13.6 70 -20 2.8 +3.0
JMOM JPMorgan U.S. Momentum Factor ETF 13.5 12 38 3.9 +4.1
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 13.4 29 21 4.3 +4.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 13.3 20 30 5.1 +5.2
IWL iShares Russell Top 200 ETF 13.3 15 35 5.2 +5.3
SNPE Xtrackers S&P 500 ESG ETF 13.2 11 39 5.2 +5.4
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 13.0 12 38 4.9 +5.0
ADME Aptus Drawdown Managed Equity ETF 12.9 81 -31 3.8 +4.0
CXSE WisdomTree China ex-State-Owned Enterprises Fund 12.9 32 18 7.0 +7.2
SPXV ProShares S&P 500 Ex-Health Care ETF 12.8 27 23 5.2 +5.3
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 12.8 80 -30 1.7 +1.9
VEGN US Vegan Climate ETF 12.8 60 -10 5.3 +5.4
NACP Impact Shares NAACP Minority Empowerment ETF 12.7 75 -25 4.6 +4.8
MGC Vanguard Mega Cap Index Fund 12.7 7 43 5.3 +5.5
FDMO Fidelity Momentum Factor ETF 12.6 29 21 3.9 +4.1
QYLD Global X NASDAQ 100 Covered Call ETF 12.6 60 -10 3.7 +3.9
XWEB SPDR S&P Internet ETF 12.5 35 15 0.6 +0.7
ESGV Vanguard ESG U.S. Stock ETF 12.4 12 38 5.3 +5.5
NUSI Nationwide Risk-Managed Income ETF 12.3 68 -18 3.7 +3.8
PDP Invesco DWA Momentum ETF 12.3 62 -12 2.8 +2.9
BLOK Amplify Transformational Data Sharing ETF 12.3 70 -20 5.0 +5.2
IQSU IQ Candriam ESG US Equity ETF 12.3 9 41 5.3 +5.4
QQQ Invesco QQQ Trust 12.3 20 30 4.1 +4.3
SPXN ProShares S&P 500 Ex-Financials ETF 12.2 27 23 5.1 +5.3
RFDA RiverFront Dynamic US Dividend Advantage ETF 12.2 52 -2 6.0 +6.2
IPAY ETFMG Prime Mobile Payments ETF 12.2 75 -25 6.4 +6.5
KWEB KraneShares CSI China Internet ETF 12.1 76 -26 3.5 +3.6
CLOU Global X Cloud Computing ETF 12.1 68 -18 0.7 +0.9
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 12.1 21 29 3.2 +3.3
GXC SPDR S&P China ETF 12.1 59 -9 9.0 +9.1
PBP Invesco S&P 500 BuyWrite ETF 11.9 49 1 5.1 +5.2
DUSA Davis Select U.S. Equity ETF 11.8 63 -13 5.8 +6.0
FXL First Trust Technology AlphaDEX Fund 11.8 61 -11 3.3 +3.4
HSPX Global X S&P 500 Covered Call ETF 11.8 65 -15 5.0 +5.1
FLCH Franklin FTSE China ETF 11.6 19 31 9.3 +9.4
ECOZ TrueMark ESG Active Opportunities ETF 11.6 58 -8 4.4 +4.6
PWB Invesco Dynamic Large Cap Growth ETF 11.6 55 -5 3.5 +3.6
SYG SPDR MFS Systematic Growth Equity ETF 11.5 60 -10 4.6 +4.8
MCHI iShares MSCI China ETF 11.5 59 -9 9.1 +9.2
XITK SPDR FactSet Innovative Technology ETF 11.4 45 5 0.4 +0.5
SFY SoFi Select 500 ETF 11.4 0 50 5.4 +5.5
VGT Vanguard Information Technology Index Fund 11.4 10 40 4.8 +5.0
FTEC Fidelity MSCI Information Technology Index ETF 11.4 8 42 4.9 +5.0
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 11.3 20 30 5.5 +5.7
CHIL Global X MSCI China Large-Cap 50 ETF 11.3 29 21 9.6 +9.7
BVAL Brand Value ETF 11.3 65 -15 6.1 +6.2
VV Vanguard Large-Cap Index Fund 11.3 4 46 5.4 +5.5
SPXE ProShares S&P 500 Ex-Energy ETF 11.3 27 23 5.4 +5.6

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Franklin Disruptive Commerce ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 4.7 %
Divided by: Fwd. P/BV 13.3 x
Less: Expense ratio 50 bp
Equals: ALTAR Score -0.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.34 CATEGORY
AVERAGE
1.51
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.