Franklin U.S. Core Dividend Tilt Index ETF (UDIV)

Franklin U.S. Core Dividend Tilt Index ETF (UDIV) is an exchange-traded fund in the Large Blend category. It has $147.84M in assets, an expense ratio of 0.06% and a 1.45% dividend yield. 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.