Franklin Focused Growth ETF

FFOG

Market cap $282M

Franklin Focused Growth ETF (FFOG) invests in U.S. large-cap growth stocks, with a high expense ratio of 0.55% and strong long-term performance prospects. FFOG is actively managed, focusing on stocks with strong growth potential, resulting in a portfolio heavily weighted towards growth and technology stocks. The fund has outperformed the S&P 500 and other growth funds since its inception, but it carries higher downside risk during market corrections.

NVDA-heavy actively managed FFOG bets on racy growth stocks with decent quality. Since the conversion, it has done a fantastic job outperforming not only IVV but also QQQ, as well as a few growth-focused peers. FFOG has significantly stronger growth and quality characteristics than those of SCHG. It is also overweight in high-beta stocks.

Investment manager Franklin Templeton has marked eight years as an ETF issuer in the U.S. market. Primarily known as an active manager of mutual funds, the firm also offers active, quasi-active and passively managed strategies within the ETF wrapper.

Many ETFs have been outperforming the S&P 500 Index, returning doubled the index. We have highlighted some of them.

Spot Bitcoin ETFs have been trading for 3 weeks. David Mann discusses how to get exposure to big tech with Franklin Focused Growth ETF (FFOG).