Morningstar

Franklin U.S. Core Dividend Tilt Index ETF UDIV

Tracks Morningstar Index

Medalist Rating as of Sep 30, 2026 See Franklin Templeton Investment Hub

Strategy

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Morningstar® U.S. Dividend Enhanced Select IndexSM. Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the index. The index is based on the Morningstar® U.S. Target Market Exposure Index (Parent Index) and is constructed by applying an optimization process to the Parent Index that aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
UDIV	Franklin U.S. Core Dividend Tilt Index ETF	ETF	Open			Jun 1, 2016	$160.72M	0.060%	—	—	$34.27M

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