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        <name>AMDOCS LTD</name>
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        <name>American International Group Inc.</name>
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        <name>Bristol-Myers Squibb Company</name>
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        <name>Cirrus Logic, Inc.</name>
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        <name>Honeywell International Inc.</name>
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        <name>Amgen Inc.</name>
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        <name>Goldman Sachs Group, Inc.</name>
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        <name>Boyd Gaming Corporation</name>
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        <name>Air Products &amp; Chemicals, Inc.</name>
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        <name>Alphabet Inc.</name>
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        <name>Synchrony Financial</name>
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        <name>SEI Investments Co</name>
        <lei>5LJTIFADGZ6XH1RVOC11</lei>
        <title>SEI Investments Co COM</title>
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        <name>OneMain Holdings Inc.</name>
        <lei>549300E3VEW8SMS5XW09</lei>
        <title>OneMain Holdings Inc. COM</title>
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        <name>Illinois Tool Works Inc.</name>
        <lei>76NA4I14SZCFAYMNSV04</lei>
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        <name>Jabil Inc</name>
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        <name>First Horizon Corporation</name>
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        <name>Bank of America Corp.</name>
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        <name>Ryder System, Inc.</name>
        <lei>ZXJ6Y2OSPZXIVGRILD15</lei>
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        <name>Murphy USA Inc.</name>
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        <title>Murphy USA Inc. COM</title>
        <cusip>626755102</cusip>
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        <name>Expedia Group Inc</name>
        <lei>CI7MUJI4USF3V0NJ1H64</lei>
        <title>Expedia Group Inc COM NEW</title>
        <cusip>30212P303</cusip>
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      <invstOrSec>
        <name>Lennar Corp.</name>
        <lei>529900G61XVRLX5TJX09</lei>
        <title>Lennar Corp. CL A</title>
        <cusip>526057104</cusip>
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          <ticker value="LEN"/>
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        <name>AT&amp;T Inc</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T Inc COM</title>
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        <name>AUTONATION INC</name>
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        <title>AutoNation, Inc. COM</title>
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      <invstOrSec>
        <name>Hancock Whitney Corporation</name>
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      <invstOrSec>
        <name>D.R. Horton, Inc.</name>
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      <invstOrSec>
        <name>Affiliated Managers Group, Inc.</name>
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      <invstOrSec>
        <name>Crown Holdings Inc</name>
        <lei>NYLWZIOY8PUNIT4JOE22</lei>
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          <isin value="US2283681060"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Exelixis, Inc.</name>
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        <title>Exelixis, Inc. COM</title>
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          <isin value="US30161Q1040"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Comcast Corporation</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Fox Corporation</name>
        <lei>549300DDU6FDRBIELS05</lei>
        <title>Fox Corporation CL A COM</title>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FLEX LTD</name>
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        <title>Flex Ltd. ORD</title>
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        <assetCat>EC</assetCat>
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        <invCountry>SG</invCountry>

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        <name>AXIS Capital Holdings Limited</name>
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        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Price T Rowe Group Inc.</name>
        <lei>549300SIV6FPS9Y7IH33</lei>
        <title>Price T Rowe Group Inc. COM</title>
        <cusip>74144T108</cusip>
        <identifiers>
          <isin value="US74144T1088"/>
          <ticker value="TROW"/>
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        <balance>4350.00000000</balance>
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        <valUSD>392109.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>JPMorgan Chase &amp; Co.</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co. COM</title>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CF Industries Holdings, Inc.</name>
        <lei>529900CG8YAQFZ2JMV97</lei>
        <title>CF Industries Holdings, Inc. COM</title>
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        <name>Merck &amp; Co., Inc</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
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        <cusip>58933Y105</cusip>
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          <ticker value="MRK"/>
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        <name>WILLIS TOWERS WATSON PLC</name>
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        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>

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        <name>Johnson &amp; Johnson</name>
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        <name>Service Corporation International</name>
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        <name>Walmart Inc</name>
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        <name>Las Vegas Sands Corp</name>
        <lei>549300DUOO1KXOHPM605</lei>
        <title>Las Vegas Sands Corp COM</title>
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        <name>Martin Marietta Materials Inc</name>
        <lei>5299005MZ4WZECVATV08</lei>
        <title>Martin Marietta Materials Inc COM</title>
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        <name>Paypal Holdings Inc.</name>
        <lei>5493005X2GO78EFZ3E94</lei>
        <title>Paypal Holdings Inc. COM</title>
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        <name>Berkshire Hathaway Inc.</name>
        <lei>5493000C01ZX7D35SD85</lei>
        <title>Berkshire Hathaway Inc. CL B NEW</title>
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        <name>Northern Trust Corporation</name>
        <lei>549300GLF98S992BC502</lei>
        <title>Northern Trust Corporation COM</title>
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        <assetCat>EC</assetCat>
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        <name>Lithia Motors Incorporated</name>
        <lei>SE8N1EZEHPZQBCBVKD53</lei>
        <title>Lithia Motors Incorporated COM</title>
        <cusip>536797103</cusip>
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          <ticker value="LAD"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>The Cigna Group</name>
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      <invstOrSec>
        <name>Williams Companies Inc. (The)</name>
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      <invstOrSec>
        <name>Lockheed Martin Corporation</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
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        <name>Royalty Pharma PLC</name>
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        <name>Globe Life Inc</name>
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        <name>Pilgrims Pride Corporation</name>
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      <invstOrSec>
        <name>Eagle Materials Inc.</name>
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        <title>Eagle Materials Inc. COM</title>
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        <name>Marathon Petroleum Corp.</name>
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        <name>Old Republic International Corporation</name>
        <lei>549300IV6O2YY2A1KH37</lei>
        <title>Old Republic International Corporation COM</title>
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        <name>Essent Group Ltd.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>

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        <name>Albertsons Companies Inc.</name>
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        <title>Albertsons Companies Inc. COMMON STOCK</title>
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        <name>Zoetis Inc.</name>
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        <title>Zoetis Inc. CL A</title>
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        <name>NRG Energy, Inc.</name>
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        <name>Popular, Inc.</name>
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        <title>Popular, Inc. COM NEW</title>
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        <name>Raymond James Financial Inc.</name>
        <lei>RGUZHJ05YTITL6D76949</lei>
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        <name>Phillips 66</name>
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        <name>Amazon.com, Inc.</name>
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        <name>Smith(Ao)Corp</name>
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        <name>Avery Dennison Corporation</name>
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        <name>American Financial Group, Inc.</name>
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        <name>The Charles Schwab Corporation</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>The Charles Schwab Corporation COM</title>
        <cusip>808513105</cusip>
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        <name>Verizon Communications Inc.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications Inc. COM</title>
        <cusip>92343V104</cusip>
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        <name>AECOM</name>
        <lei>0EEB8GF0W0NPCIHZX097</lei>
        <title>AECOM COM</title>
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          <ticker value="ACM"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>The Kroger Co.</name>
        <lei>6CPEOKI6OYJ13Q6O7870</lei>
        <title>The Kroger Co. COM</title>
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      <invstOrSec>
        <name>The Hartford Insurance Group Inc.</name>
        <lei>IU7C3FTM7Y3BQM112U94</lei>
        <title>The Hartford Insurance Group Inc. COM</title>
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      <invstOrSec>
        <name>PULTEGROUP INC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Tenet Healthcare Corporation</name>
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        <name>Enact Holdings Inc</name>
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      <invstOrSec>
        <name>EOG Resources Inc.</name>
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      <invstOrSec>
        <name>Churchill Downs Inc</name>
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        <name>United Parcel Service, Inc.</name>
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        <name>NVR Inc</name>
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      <invstOrSec>
        <name>eBay Inc.</name>
        <lei>OML71K8X303XQONU6T67</lei>
        <title>eBay Inc. COM</title>
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        <name>United Rentals, Inc.</name>
        <lei>5323X5O7RN0NKFCDRY08</lei>
        <title>United Rentals, Inc. COM</title>
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        <name>Halozyme Therapeutics Inc</name>
        <lei>529900242I3SV9AGM753</lei>
        <title>Halozyme Therapeutics Inc COM</title>
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        <name>M&amp;T Bank Corporation</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>Taylor Morrison Home Corp</name>
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        <name>Universal Health Services, Inc.</name>
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        <name>Dollar Tree Inc</name>
        <lei>549300PMSTQITB1WHR43</lei>
        <title>Dollar Tree Inc COM</title>
        <cusip>256746108</cusip>
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          <ticker value="DLTR"/>
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        <name>The Toro Company</name>
        <lei>YJKE4YIT6BWQHVEW0D14</lei>
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        <name>Dillards, Inc.</name>
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        <name>Renaissancere Holdings Ltd.</name>
        <lei>EK6GB9U3U58PDI411C94</lei>
        <title>Renaissancere Holdings Ltd. COM</title>
        <cusip>000000000</cusip>
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          <ticker value="RNR"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

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        <name>ADT Inc</name>
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        <title>ADT Inc COM</title>
        <cusip>00090Q103</cusip>
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        <name>Zoom Communications Inc.</name>
        <lei>549300T9GCHU0ODOM055</lei>
        <title>Zoom Communications Inc. CL A</title>
        <cusip>98980L101</cusip>
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        <name>MGIC Investment Corp.</name>
        <lei>254900S8483WM4M98R28</lei>
        <title>MGIC Investment Corp. COM</title>
        <cusip>552848103</cusip>
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          <ticker value="MTG"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>MetLife Inc.</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
        <title>MetLife Inc. COM</title>
        <cusip>59156R108</cusip>
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          <isin value="US59156R1086"/>
          <ticker value="MET"/>
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        <balance>21486.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1519489.92000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Darden Restaurants, Inc.</name>
        <lei>CY1NFSCCB5GUXC7WZC70</lei>
        <title>Darden Restaurants, Inc. COM</title>
        <cusip>237194105</cusip>
        <identifiers>
          <isin value="US2371941053"/>
          <ticker value="DRI"/>
        </identifiers>
        <balance>2842.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>557145.68000000</valUSD>
        <pctVal>0.679808150680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HF Sinclair Corp.</name>
        <lei>2549009G116AM01XHN24</lei>
        <title>HF Sinclair Corp. COM</title>
        <cusip>403949100</cusip>
        <identifiers>
          <isin value="US4039491000"/>
          <ticker value="DINO"/>
        </identifiers>
        <balance>1485.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>92649.15000000</valUSD>
        <pctVal>0.113046999347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANTERO MIDSTREAM CORP</name>
        <lei>N/A</lei>
        <title>Antero Midstream Corporation COM</title>
        <cusip>03676B102</cusip>
        <identifiers>
          <isin value="US03676B1026"/>
          <ticker value="AM"/>
        </identifiers>
        <balance>17175.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>391590.00000000</valUSD>
        <pctVal>0.477803352482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Edison International</name>
        <lei>549300I7ROF15MAEVP56</lei>
        <title>Edison International COM</title>
        <cusip>281020107</cusip>
        <identifiers>
          <isin value="US2810201077"/>
          <ticker value="EIX"/>
        </identifiers>
        <balance>3165.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>231614.70000000</valUSD>
        <pctVal>0.282607523543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Procter &amp; Gamble Co.</name>
        <lei>2572IBTT8CCZW6AU4141</lei>
        <title>The Procter &amp; Gamble Co. COM</title>
        <cusip>742718109</cusip>
        <identifiers>
          <isin value="US7427181091"/>
          <ticker value="PG"/>
        </identifiers>
        <balance>12931.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1867753.64000000</valUSD>
        <pctVal>2.278962564936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pepsico Inc</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
        <title>Pepsico Inc COM</title>
        <cusip>713448108</cusip>
        <identifiers>
          <isin value="US7134481081"/>
          <ticker value="PEP"/>
        </identifiers>
        <balance>11608.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1802606.32000000</valUSD>
        <pctVal>2.199472261554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>



      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-05-21</ncom:dateSigned>
      <ncom:nameOfApplicant>Franklin Templeton ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Monica Krogh</ncom:signature>
      <ncom:signerName>Monica Krogh</ncom:signerName>
      <ncom:title>Assistant Treasurer Controller, US Fund Administration and Oversight</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
