Franklin U.S. Equity Index ETF (USPX)

Franklin U.S. Equity Index ETF (USPX) is an exchange-traded fund in the Large Blend category. It has $1.98B in assets, an expense ratio of 0.03% and a 1.09% dividend yield. The fund invests at least 80% of its assets in the component securities of the underlying index. The index is a free float-adjusted market capitalization weighted index that is maintained and calculated by Morningstar, Inc. (Morningstar or index provider). The underlying index includes large- and mid-capitalization stocks representing the top 85% of the investable universe (i.e., U.S. equity market) by float-adjusted market capitalization. The fund is non-diversified.