Franklin U.S. Low Volatility ETF Dist - USD Stock

The fund seeks capital appreciation with an emphasis on lower volatility than the broader equity market, as measured by the Russell 1000® Index. The fund applies a fundamentally driven ?bottom-up? research process to identify stocks that exhibit strong fundamental characteristics and screens for stocks with the lowest realized volatility scores, based on our proprietary quantitative model, relative to their corresponding sectors. Risk considerations are incorporated into the final stock selection process.