NPORT-EX 1 NPORT_8764157886026134.htm soietf063019.htm - Generated by SEC Publisher for SEC Filing
FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Asia ex Japan ETF Industry Shares   Value
Common Stocks and Other Equity Interests 98.7%        
Cambodia 0.0%†        
NagaCorp Ltd. Hotels, Restaurants & Leisure 4,000 $ 4,920
 
China 34.5%        
3SBio Inc. Biotechnology 5,000   8,589
a51job Inc., ADR Professional Services 84   6,342
a58.com Inc., ADR Interactive Media & Services 352   21,884
  Electronic Equipment, Instruments &      
AAC Technologies Holdings Inc. Components 2,000   11,354
Agile Group Holdings Ltd. Real Estate Management & Development 4,000   5,356
Agricultural Bank of China Ltd., A Banks 6,000   3,143
Agricultural Bank of China Ltd., H Banks 112,000   46,879
Aier Eye Hospital Group Co. Ltd. Health Care Providers & Services 200   901
Air China Ltd., H Airlines 8,000   8,069
aAlibaba Group Holding Ltd., ADR Internet & Direct Marketing Retail 4,324   732,702
aAlibaba Health Information Technology Ltd. Health Care Technology 12,000   11,489
aAluminum Corp. of China Ltd., H Metals & Mining 16,000   5,673
Angang Steel Co. Ltd., H Metals & Mining 5,200   2,370
Angel Yeast Co. Ltd., A Food Products 200   920
Anhui Anke Biotechnology Group Co. Ltd., A Pharmaceuticals 400   925
Anhui Conch Cement Co. Ltd., A Construction Materials 200   1,208
Anhui Conch Cement Co. Ltd., H Construction Materials 4,000   25,062
Anhui Expressway Co. Ltd., H Transportation Infrastructure 4,000   2,463
Anhui Gujing Distillery Co. Ltd., B Beverages 400   3,466
Anta Sports Products Ltd. Textiles, Apparel & Luxury Goods 4,000   27,469
aAutohome Inc., ADR Interactive Media & Services 202   17,295
Avic Capital Co. Ltd., A Diversified Financial Services 1,200   946
  Electronic Equipment, Instruments &      
AVIC Jonhon Optronic Technology Co. Ltd. Components 200   974
AviChina Industry & Technology Co. Ltd., H Aerospace & Defense 10,000   5,466
BAIC Motor Corp. Ltd., H Automobiles 7,000   4,390
aBaidu Inc., ADR Interactive Media & Services 1,000   117,360
Bank of Beijing Co. Ltd., A Banks 200   172
Bank of China Ltd., A Banks 200   109
Bank of China Ltd., H Banks 278,000   117,427
Bank of Communications Co. Ltd., A Banks 200   178
Bank of Communications Co. Ltd., H Banks 28,000   21,253
Bank of Nanjing Co. Ltd., A Banks 200   240
Bank of Ningbo Co. Ltd., A Banks 400   1,411
Bank of Shanghai Co. Ltd., A Banks 600   1,034
Baoshan Iron & Steel Co. Ltd., A Metals & Mining 200   189
BBMG Corp., H Construction Materials 12,000   3,855
aBeiGene Ltd., ADR Biotechnology 118   14,626
Beijing Capital International Airport Co. Ltd. Transportation Infrastructure 4,000   3,507
Beijing Enlight Media Co. Ltd. Entertainment 1,000   989
Beijing Enterprises Holdings Ltd. Gas Utilities 2,000   10,163
aBeijing Enterprises Water Group Ltd. Water Utilities 20,000   11,878
  Independent Power and Renewable      
Beijing Jingneng Clean Energy Co. Ltd., H Electricity Producers 8,000   1,382
Beijing North Star Co. Ltd., H Real Estate Management & Development 4,000   1,505
Beijing Oriental Yuhong Waterproof Technology Co. Ltd., A Construction Materials 400   1,319
Beijing Tongrentang Co. Ltd., A Pharmaceuticals 200   844
Bengang Steel Plates Co. Ltd., B Metals & Mining 1,600   446
  Electronic Equipment, Instruments &      
BOE Technology Group Co. Ltd. Components 3,600   1,235
  Electronic Equipment, Instruments &      
BOE Technology Group Co. Ltd. Components 1,800   901
Brilliance China Automotive Holdings Ltd. Automobiles 8,000   8,847
BYD Co. Ltd. Automobiles 200   1,476
BYD Co. Ltd., H Automobiles 2,000   12,070

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
BYD Electronic International Co. Ltd. Communications Equipment 3,000 4,285
Caitong Securities Co. Ltd., A Capital Markets 600 959
aCAR Inc. Road & Rail 2,000 1,582
Central China Securities Co. Ltd., H Capital Markets 8,000 1,864
  Independent Power and Renewable    
CGN Power Co. Ltd., H Electricity Producers 42,000 11,558
  Electronic Equipment, Instruments &    
Chaozhou Three-Circle Group Co. Ltd. Components 400 1,132
China Agri-Industries Holdings Ltd. Food Products 8,000 2,570
China Bluechemical Ltd. Chemicals 8,000 2,181
China Cinda Asset Management Co. Ltd., H Capital Markets 36,000 8,294
China CITIC Bank Corp. Ltd., H Banks 30,000 17,088
China Coal Energy Co. Ltd., H Oil, Gas & Consumable Fuels 8,000 3,328
China Communications Construction Co. Ltd., H Construction & Engineering 16,000 14,316
China Communications Services Corp. Ltd. Construction & Engineering 8,000 6,205
China Conch Venture Holdings Ltd. Machinery 5,000 17,664
China Construction Bank Corp., A Banks 800 866
China Construction Bank Corp., H Banks 328,000 282,552
China Dongxiang Group Co. Ltd. Textiles, Apparel & Luxury Goods 12,000 1,475
aChina Eastern Airlines Corp. Ltd., H Airlines 8,000 4,721
China Everbright Bank Co. Ltd., A Banks 200 111
China Everbright Bank Co. Ltd., H Banks 14,000 6,415
China Everbright International Ltd. Commercial Services & Supplies 11,703 10,800
China Everbright Ltd. Capital Markets 4,000 5,908
China Evergrande Group Real Estate Management & Development 8,000 22,426
China Foods Ltd. Food Products 4,000 1,659
China Fortune Land Development Co. Ltd., A Real Estate Management & Development 200 948
China Galaxy Securities Co. Ltd., H Capital Markets 14,000 8,297
China Hongqiao Group Ltd. Metals & Mining 9,000 6,348
China Huarong Asset Management Co. Ltd., H Capital Markets 38,000 6,615
China International Capital Corp. Ltd., H Capital Markets 4,000 8,069
China International Marine Containers (Group) Co. Ltd., H Machinery 2,120 2,133
bChina International Marine Containers (Group) Co. Ltd., rts., 2/20/49 Machinery 17 —
China International Travel Service Corp. Ltd., A Hotels, Restaurants & Leisure 200 2,580
China Jinmao Holdings Group Ltd. Real Estate Management & Development 20,000 12,160
China Life Insurance Co. Ltd., A Insurance 400 1,648
China Life Insurance Co. Ltd., H Insurance 26,000 64,031
aChina Literature Ltd. Media 800 3,768
China Lodging Group Ltd., ADR Hotels, Restaurants & Leisure 376 13,630
  Independent Power and Renewable    
China Longyuan Power Group Corp. Electricity Producers 12,000 7,695
China Machinery Engineering Corp., H Construction & Engineering 6,000 2,703
China Medical System Holdings Ltd. Pharmaceuticals 6,000 5,499
China Mengniu Dairy Co. Ltd. Food Products 9,000 34,848
China Merchants Bank Co. Ltd., A Banks 1,000 5,235
China Merchants Bank Co. Ltd., H Banks 14,000 69,798
China Merchants Port Holdings Co. Ltd. Transportation Infrastructure 4,000 6,799
China Merchants Securities Co. Ltd. Capital Markets 3,600 4,438
China Merchants Securities Co. Ltd., A Capital Markets 200 497
China Merchants Shekou Industrial Zone Holdings Co. Ltd., A Real Estate Management & Development 400 1,216
China Minsheng Banking Corp. Ltd., A Banks 400 370
China Minsheng Banking Corp. Ltd., H Banks 24,000 16,620
China Mobile Ltd. Wireless Telecommunication Services 19,000 173,037
China Molybdenum Co. Ltd., H Metals & Mining 18,000 5,691
China National Building Material Co. Ltd., H Construction Materials 13,700 12,012
  Independent Power and Renewable    
China National Nuclear Power Co. Ltd., A Electricity Producers 200 162
China Northern Rare Earth Group High-Tech Co. Ltd., A Metals & Mining 600 1,121
China Oilfield Services Ltd., H Energy Equipment & Services 8,000 7,916
China Overseas Land & Investment Ltd. Real Estate Management & Development 12,000 44,237
China Pacific Insurance Group Co. Ltd., A Insurance 400 2,125
China Pacific Insurance Group Co. Ltd., H Insurance 9,200 35,976
China Petroleum & Chemical Corp., A Oil, Gas & Consumable Fuels 1,200 955
China Petroleum & Chemical Corp., H Oil, Gas & Consumable Fuels 92,000 62,531

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
  Independent Power and Renewable    
China Power International Development Ltd. Electricity Producers 18,000 4,401
China Railway Construction Corp. Ltd., A Construction & Engineering 200 290
China Railway Construction Corp. Ltd., H Construction & Engineering 7,000 8,584
China Railway Group Ltd., H Construction & Engineering 14,000 10,644
  Electronic Equipment, Instruments &    
cChina Railway Signal & Communication Corp. Ltd., H, Reg S Components 6,000 4,362
China Reinsurance Group Corp., H Insurance 26,000 4,626
China Resources Beer Holdings Co. Ltd. Beverages 6,000 28,493
China Resources Cement Holdings Ltd. Construction Materials 8,000 7,752
China Resources Gas Group Ltd. Gas Utilities 3,000 14,880
China Resources Land Ltd. Real Estate Management & Development 8,000 35,226
China Resources Pharmaceutical Group Ltd. Pharmaceuticals 6,000 6,766
  Independent Power and Renewable    
China Resources Power Holdings Co. Ltd. Electricity Producers 4,000 5,837
China Shenhua Energy Co. Ltd., A Oil, Gas & Consumable Fuels 400 1,186
China Shenhua Energy Co. Ltd., H Oil, Gas & Consumable Fuels 12,000 25,129
China Shipbuilding Industry Co. Ltd., A Machinery 1,200 971
China Shipbuilding Industry Group Power Co. Ltd., A Auto Components 400 1,375
aChina Shipping Container Lines Co. Ltd., A Marine 2,200 871
China South City Holdings Ltd. Real Estate Management & Development 12,000 1,766
China Southern Airlines Co. Ltd., H Airlines 8,000 5,571
China State Construction Engineering Corp. Ltd., A Construction & Engineering 2,000 1,673
China State Construction International Holdings Ltd. Construction & Engineering 8,000 8,212
China Taiping Insurance Holdings Co. Ltd. Insurance 5,200 13,911
China Telecom Corp. Ltd., H Diversified Telecommunication Services 48,000 24,146
c,dChina Tower Corp. Ltd., H, 144A, Reg S Diversified Telecommunication Services 164,000 43,034
China Traditional Chinese Medicine Co. Ltd. Pharmaceuticals 8,000 3,891
China Travel International Investment Hong Kong Ltd. Hotels, Restaurants & Leisure 8,000 1,659
China Unicom (Hong Kong) Ltd. Diversified Telecommunication Services 20,000 21,939
China United Network Communications Ltd., A Wireless Telecommunication Services 1,000 896
China Vanke Co. Ltd., A Real Estate Management & Development 600 2,428
China Vanke Co. Ltd., H Real Estate Management & Development 5,000 18,752
  Independent Power and Renewable    
China Yangtze Power Co. Ltd., A Electricity Producers 800 2,084
China Zhongwang Holdings Ltd. Metals & Mining 5,600 2,824
Chongqing Changan Automobile Co. Ltd., B Automobiles 3,200 1,249
Chongqing Rural Commercial Bank Co. Ltd., H Banks 10,000 5,440
Chongqing Zhifei Biological Products Co. Ltd. Biotechnology 200 1,254
CIFI Holdings Group Co. Ltd. Real Estate Management & Development 12,000 7,910
CIMC Enric Holdings Ltd. Machinery 4,000 3,226
Citic Pacific Ltd. Industrial Conglomerates 16,000 23,060
CITIC Securities Co. Ltd., A Capital Markets 400 1,386
CITIC Securities Co. Ltd., H Capital Markets 8,000 16,671
CNOOC Ltd. Oil, Gas & Consumable Fuels 56,000 95,764
aCOSCO SHIPPING Development Co. Ltd., H Marine 16,000 2,007
COSCO Shipping Energy Transportation Co. Ltd., H Marine 8,000 4,731
aCOSCO Shipping Holdings Co. Ltd. Marine 10,000 3,904
COSCO Shipping Ports Ltd. Transportation Infrastructure 8,183 8,076
Country Garden Holdings Co. Ltd. Real Estate Management & Development 26,000 39,537
Country Garden Services Holdings Co. Ltd. Commercial Services & Supplies 4,000 9,247
CRRC Corp. Ltd., A Machinery 800 942
CRRC Corp. Ltd., H Machinery 14,000 11,702
CSC Financial Co. Ltd., H Capital Markets 4,000 2,975
CSG Holding Co. Ltd. Construction Materials 4,301 1,305
CSPC Pharmaceutical Group Ltd. Pharmaceuticals 16,000 25,805
aCSSC Offshore and Marine Engineering Group Co. Ltd. Machinery 2,000 1,743
aCtrip.com International Ltd., ADR Internet & Direct Marketing Retail 1,390 51,305
Dali Foods Group Co. Ltd. Food Products 8,000 5,315
Dalian Port PDA Co. Ltd., A Transportation Infrastructure 2,800 868
Daqin Railway Co. Ltd., A Road & Rail 200 235
  Independent Power and Renewable    
Datang International Power Generation Co. Ltd., H Electricity Producers 12,000 3,011

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
  Technology Hardware, Storage &    
Dawning Information Industry Co. Ltd., A Peripherals 200 1,021
Dazhong Transportation (Group) Co. Ltd., B Road & Rail 3,000 1,530
Dong-E-E-Jiao Co. Ltd., A Pharmaceuticals 200 1,159
aDongfang Electric Corp. Ltd., H Electrical Equipment 2,800 1,828
Dongfeng Motor Group Co. Ltd., H Automobiles 12,000 9,830
East Money Information Co. Ltd. Capital Markets 600 1,183
ENN Energy Holdings Ltd. Gas Utilities 2,600 25,293
Everbright Securities Co. Ltd., H Capital Markets 2,000 1,549
Far East Horizon Ltd. Diversified Financial Services 8,000 8,182
  Electronic Equipment, Instruments &    
aFIH Mobile Ltd. Components 12,000 1,336
  Technology Hardware, Storage &    
Focus Media Information Technology Co. Ltd. Peripherals 1,200 924
Fosun International Ltd. Industrial Conglomerates 9,000 11,958
Founder Securities Co. Ltd., A Capital Markets 1,000 1,034
  Electronic Equipment, Instruments &    
Foxconn Industrial Internet Co. Ltd., A Components 600 1,052
Future Land Development Holdings Ltd. Real Estate Management & Development 4,000 5,263
Fuyao Glass Industry Group Co. Ltd., A Auto Components 400 1,323
Fuyao Group Glass Industries Co. Ltd., H Auto Components 1,600 4,966
  Semiconductors & Semiconductor    
aGCL-Poly Energy Holdings Ltd. Equipment 48,000 2,642
aGDS Holdings Ltd., ADR IT Services 168 6,312
Geely Automobile Holdings Ltd. Automobiles 16,000 27,361
Gemdale Corp., A Real Estate Management & Development 600 1,041
aGenscript Biotech Corp. Life Sciences Tools & Services 4,000 10,045
GF Securities Co. Ltd. Capital Markets 200 400
GF Securities Co. Ltd., H Capital Markets 5,600 6,659
Glodon Co. Ltd. Software 200 957
aGOME Retail Holdings Ltd. Specialty Retail 42,000 4,516
Gosuncn Technology Group Co. Ltd., A Communications Equipment 800 929
Great Wall Motor Co. Ltd., H Automobiles 12,000 8,586
Gree Electric Appliances Inc. of Zhuhai, A Household Durables 400 3,201
Greentown China Holdings Ltd. Real Estate Management & Development 4,000 2,847
  Independent Power and Renewable    
Guangdong Electric Power Development Co. Ltd., B Electricity Producers 3,000 979
Guangdong Haid Group Co. Ltd. Food Products 200 899
Guangdong Investment Ltd. Water Utilities 8,000 15,831
aGuangdong LY Intelligent Manufacturing Co. Ltd. Electrical Equipment 1,000 863
Guangshen Railway Co. Ltd., H Road & Rail 8,000 2,734
Guangzhou Automobile Group Co. Ltd., A Automobiles 600 954
Guangzhou Automobile Group Co. Ltd., H Automobiles 8,000 8,540
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. Pharmaceuticals 600 2,707
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., A Pharmaceuticals 200 1,192
Guangzhou R&F Properties Co. Ltd., H Real Estate Management & Development 4,000 7,690
Guotai Junan International holdings Ltd. Capital Markets 14,000 2,419
Guotai Junan Securities Co. Ltd. Capital Markets 3,200 5,702
Guotai Junan Securities Co. Ltd., A Capital Markets 200 534
c,dHaidilao International Holding Ltd., 144A, Reg S Hotels, Restaurants & Leisure 1,000 4,179
Haier Electronics Group Co. Ltd. Household Durables 4,000 11,059
Haier Smart Home Co. Ltd., A Household Durables 400 1,006
Haitian International Holdings Ltd. Machinery 2,000 4,152
Haitong Securities Co. Ltd., A Capital Markets 600 1,239
Haitong Securities Co. Ltd., H Capital Markets 12,000 13,455
  Semiconductors & Semiconductor    
Hangzhou First Applied Material Co. Ltd., A Equipment 200 1,069
  Electronic Equipment, Instruments &    
Hangzhou Hikvision Digital Technology Co. Ltd., A Components 400 1,605
Health & Happiness H&H International Holdings Ltd. Food Products 1,000 5,677
Henan Shuanghui Investment & Development Co. Ltd. Food Products 400 1,449
Hengan International Group Co. Ltd. Personal Products 2,000 14,707
Hengli Petrochemical Co. Ltd., A Chemicals 560 991
aHengTen Networks Group Ltd. Internet & Direct Marketing Retail 72,000 1,714

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Hopson Development Holdings Ltd. Real Estate Management & Development 4,000 4,326
  Independent Power and Renewable    
Huadian Fuxin Energy Corp. Ltd., H Electricity Producers 8,000 1,464
  Independent Power and Renewable    
Huadian Power International Corp. Ltd., H Electricity Producers 8,000 3,164
Huadong Medicine Co. Ltd., A Health Care Providers & Services 200 755
  Independent Power and Renewable    
Huaneng Power International Inc., H Electricity Producers 16,000 9,421
  Independent Power and Renewable    
Huaneng Renewables Corp. Ltd., H Electricity Producers 20,000 5,504
Huatai Securities Co. Ltd., A Capital Markets 400 1,299
Huatai Securities Co. Ltd., H Capital Markets 6,400 11,010
Huaxia Bank Co. Ltd., A Banks 200 224
Huaxin Cement Co. Ltd., B Construction Materials 1,400 3,245
Huayu Automotive Systems Co. Ltd. Auto Components 400 1,257
aIflytek Co. Ltd. Software 200 967
Industrial and Commercial Bank of China Ltd. Banks 4,000 3,428
Industrial and Commercial Bank of China Ltd., H Banks 280,000 204,288
Industrial Bank Co. Ltd., A Banks 1,000 2,661
Inner Mongolia BaoTou Steel Union Co. Ltd., A Metals & Mining 600 148
Inner Mongolia Yili Industrial Group Co. Ltd., A Food Products 200 972
Inner Mongolia Yitai Coal Co. Ltd., B Oil, Gas & Consumable Fuels 4,000 4,336
a,c,dInnovent Biologics Inc., 144A, Reg S Biotechnology 3,000 10,118
aIqiyi Inc., ADR Entertainment 456 9,416
aJD.com Inc., ADR Internet & Direct Marketing Retail 2,880 87,235
Jiangsu Expressway Co. Ltd., H Transportation Infrastructure 4,000 5,693
Jiangsu Hengrui Medicine Co. Ltd., A Pharmaceuticals 200 1,921
Jiangsu Yanghe Brewery JST Co. Ltd., A Beverages 200 3,537
Jiangxi Bank Co. Ltd., H Banks 4,000 2,555
Jiangxi Copper Co. Ltd., H Metals & Mining 4,000 5,325
Jiangxi Special Electric Motor Co. Ltd., A Electrical Equipment 1,200 850
Jiayuan International Group Ltd. Real Estate Management & Development 8,000 3,523
Jonjee Hi-Tech Industrial And Commercial Holding Co. Ltd., A Food Products 200 1,246
Kerry Logistics Network Ltd. Air Freight & Logistics 2,000 3,599
  Electronic Equipment, Instruments &    
Kingboard Holdings Ltd. Components 3,000 8,352
aKingsoft Corp. Ltd. Software 4,000 8,653
Kunlun Energy Co. Ltd. Oil, Gas & Consumable Fuels 8,000 6,973
Kweichow Moutai Co. Ltd., A Beverages 100 14,317
aKWG Group Holdings Ltd. Real Estate Management & Development 5,000 5,075
Lao Feng Xiang Co., Ltd., B Textiles, Apparel & Luxury Goods 1,200 4,205
  Technology Hardware, Storage &    
Legend Holdings Corp., H Peripherals 1,600 3,764
  Technology Hardware, Storage &    
bLegend Holdings Corp., rts., 2/20/49 Peripherals 123 —
  Technology Hardware, Storage &    
Lenovo Group Ltd. Peripherals 24,000 18,586
Lepu Medical Technology Beijing Co. Ltd. Health Care Equipment & Supplies 400 1,340
  Electronic Equipment, Instruments &    
Leyard Optoelectronic Co. Ltd. Components 800 911
Li Ning Co. Ltd. Textiles, Apparel & Luxury Goods 6,000 14,147
Livzon Pharmaceutical Group Inc., A Pharmaceuticals 200 967
Livzon Pharmaceutical Group Inc., H Pharmaceuticals 600 1,997
Logan Property Holdings Co. Ltd. Real Estate Management & Development 4,000 6,472
Longfor Group Holdings Ltd. Real Estate Management & Development 6,000 22,618
  Semiconductors & Semiconductor    
LONGi Green Energy Technology Co. Ltd., A Equipment 400 1,345
  Electronic Equipment, Instruments &    
Luxshare Precision Industry Co. Ltd. Components 400 1,443
Luye Pharma Group Ltd. Pharmaceuticals 6,000 4,347
Maanshan Iron & Steel Co. Ltd., H Metals & Mining 8,000 3,174
Meinian Onehealth Healthcare Holdings Co. Ltd. Health Care Providers & Services 600 1,086
  Technology Hardware, Storage &    
a,cMeitu Inc., Reg S Peripherals 7,000 2,258

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
a,cMeituan Dianping, B, Reg S Internet & Direct Marketing Retail 12,000 105,216
Metallurgical Corp. Of China Ltd. Construction & Engineering 12,000 3,210
Minth Group Ltd. Auto Components 2,000 5,389
aMMG Ltd. Metals & Mining 8,000 2,796
Momo Inc., ADR Interactive Media & Services 364 13,031
Muyuan Foodstuff Co. Ltd. Food Products 200 1,711
Nari Technology Development Co. Ltd., A Electrical Equipment 200 542
NetEase Inc., ADR Entertainment 256 65,477
New China Life Insurance Co. Ltd., A Insurance 200 1,601
New China Life Insurance Co. Ltd., H Insurance 3,000 14,592
New Hope Liuhe Co. Ltd. Food Products 200 505
aNew Oriental Education & Technology Group Inc., ADR Diversified Consumer Services 490 47,324
Nexteer Automotive Group Ltd. Auto Components 4,000 4,977
Nine Dragons Paper Holdings Ltd. Paper & Forest Products 6,000 5,322
aNIO Inc., ADR Automobiles 576 1,469
  Electronic Equipment, Instruments &    
OFILM Group Co. Ltd. Components 800 913
Orient Securities Co. Ltd. of China, H Capital Markets 3,200 2,089
People's Insurance Co. Group of China Ltd., H Insurance 30,000 11,712
PetroChina Co. Ltd., H Oil, Gas & Consumable Fuels 76,000 41,928
PICC Property and Casualty Co. Ltd., H Insurance 24,000 25,897
aPinduoduo Inc., ADR Internet & Direct Marketing Retail 388 8,004
Ping An Bank Co. Ltd., A Banks 600 1,203
a,cPing An Healthcare and Technology Co. Ltd., Reg S Health Care Technology 400 1,667
Ping An Insurance (Group) Co. of China Ltd., H Insurance 19,000 228,122
Ping An Insurance Group Co. of China Ltd., A Insurance 600 7,736
Poly Developments and Holdings Group Co. Ltd., A Real Estate Management & Development 600 1,114
Poly Property Group Co. Ltd. Real Estate Management & Development 10,000 3,661
Postal Savings Bank of China Co. Ltd., H Banks 34,000 20,193
cQingdao Port International Co. Ltd., H, Reg S Transportation Infrastructure 4,000 2,913
Red Star Macalline Group Corp. Ltd. Real Estate Management & Development 3,200 2,802
RiseSun Real Estate Development Co. Ltd. Real Estate Management & Development 600 820
SAIC Motor Corp Ltd Automobiles 400 1,484
  Semiconductors & Semiconductor    
Sanan Optoelectronics Co. Ltd., A Equipment 600 985
Sany Heavy Industry Co. Ltd., A Machinery 600 1,142
Seazen Holdings Co. Ltd., A Real Estate Management & Development 200 1,158
  Semiconductors & Semiconductor    
aSemiconductor Manufacturing International Corp. Equipment 11,000 12,250
SF Holding Co. Ltd. Air Freight & Logistics 200 988
Shandong Chenming Paper Holdings Ltd., B Paper & Forest Products 2,800 1,308
Shandong Chenming Paper Holdings Ltd., H Paper & Forest Products 3,000 1,317
Shandong Himile Mechanical Science & Technology Co. Ltd., A Machinery 400 1,223
Shandong Weigao Group Medical Polymer Co. Ltd., H Health Care Equipment & Supplies 8,000 7,250
Shanghai Bailian Group Co. Ltd., B Food & Staples Retailing 1,000 1,001
Shanghai Baosight Software Co. Ltd., B Software 1,300 2,367
Shanghai Chlor-Alkali Chemical Co. Ltd., B Chemicals 1,600 1,059
Shanghai Electric Group Co. Ltd., H Electrical Equipment 12,000 4,347
Shanghai Fosun Pharmaceutical Group Co. Ltd., A Pharmaceuticals 400 1,472
Shanghai Fosun Pharmaceutical Group Co. Ltd., H Pharmaceuticals 2,000 6,054
Shanghai Haixin Group Co., B Pharmaceuticals 1,600 699
Shanghai Huayi Group Co. Ltd., B Chemicals 600 476
Shanghai Industrial Holdings Ltd. Industrial Conglomerates 2,000 4,337
Shanghai International Airport Co. Ltd., A Transportation Infrastructure 200 2,438
Shanghai International Port Group Co. Ltd., A Transportation Infrastructure 200 198
Shanghai Jahwa United Co. Ltd., A Personal Products 200 906
Shanghai Jinjiang International Hotels Development Co. Ltd. Hotels, Restaurants & Leisure 600 1,200
Shanghai Jinjiang International Industrial Investment Co. Ltd. Road & Rail 1,000 1,039
Shanghai Jinqiao Export Processing Zone Development, B Real Estate Management & Development 1,200 1,464
Shanghai Lujiazui Finance & Trade Zone Develop Co. Ltd., B Real Estate Management & Development 4,080 4,937
Shanghai M&G Stationery Inc., A Commercial Services & Supplies 200 1,280
Shanghai Mechanical and Electrical Industry Co. Ltd., B Machinery 1,000 1,704
Shanghai Pharmaceuticals Holding Co. Ltd., H Health Care Providers & Services 3,200 6,291
Shanghai Pudong Development Bank Co. Ltd., A Banks 1,200 2,039

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Shanghai Shibei Hi-Tech Co. Ltd., B Real Estate Management & Development 1,800 844
Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd. Trading Companies & Distributors 1,000 1,488
Shanghai Zhenhua Port Machinery Co. Ltd., B Machinery 4,080 1,497
  Electronic Equipment, Instruments &    
Shengyi Technology Co. Ltd., A Components 600 1,314
Shenwan Hongyuan Group Co. Ltd. Capital Markets 1,200 875
Shenzhen Accord Pharmaceutical Co. Ltd., B Health Care Providers & Services 600 2,111
Shenzhen Expressway Co. Ltd., H Transportation Infrastructure 4,000 4,808
Shenzhen Inovance Technology Co. Ltd., A Machinery 400 1,333
Shenzhen International Holdings Ltd. Transportation Infrastructure 4,000 7,936
Shenzhen Investment Ltd. Real Estate Management & Development 12,000 4,424
aShenzhen MTC Co. Ltd. Household Durables 2,200 877
Shenzhou International Group Holdings Ltd. Textiles, Apparel & Luxury Goods 2,600 35,743
Shimao Property Holdings Ltd. Real Estate Management & Development 4,000 12,186
Shougang Fushan Resources Group Ltd. Metals & Mining 12,000 2,611
Shui On Land Ltd. Real Estate Management & Development 13,000 3,012
Sichuan Expressway Co. Ltd., H Transportation Infrastructure 8,000 2,458
Sichuan Swellfun Co. Ltd., A Beverages 200 1,479
Sihuan Pharmaceutical Holdings Group Ltd. Pharmaceuticals 16,000 3,604
aSINA Corp. Interactive Media & Services 214 9,230
Sino-Ocean Land Holdings Ltd. Real Estate Management & Development 11,000 4,675
aSinofert Holdings Ltd. Chemicals 12,000 1,306
Sinopec Engineering Group Co. Ltd. Construction & Engineering 6,000 5,084
aSinopec Oilfield Service Corp. Energy Equipment & Services 12,000 1,490
Sinopec Shanghai Petrochemical Co. Ltd., H Chemicals 12,000 4,762
Sinopharm Group Co. Ltd., H Health Care Providers & Services 4,000 14,080
Sinotrans Ltd., H Air Freight & Logistics 8,000 2,908
Sinotruk Hong Kong Ltd. Machinery 3,000 5,192
Soho China Ltd. Real Estate Management & Development 7,000 2,473
Songcheng Performance Development Co. Ltd. Hotels, Restaurants & Leisure 400 1,347
Sunac China Holdings Ltd. Real Estate Management & Development 8,000 39,322
Suning.com Co. Ltd. Specialty Retail 200 334
  Electronic Equipment, Instruments &    
Sunny Optical Technology Group Co. Ltd. Components 2,200 22,725
aTAL Education Group, ADR Diversified Consumer Services 1,140 43,434
Tencent Holdings Ltd. Interactive Media & Services 20,400 920,709
aThe China Pacific Securities Co. Ltd., A Capital Markets 1,800 932
Tianjin Capital Environmental Protection Group Co. Ltd. Commercial Services & Supplies 4,000 1,469
Tingyi Cayman Islands Holding Corp. Food Products 4,000 6,676
Toly Bread Co. Ltd., A Food Products 200 1,212
a,cTongcheng-Elong Holdings Ltd., Reg S Internet & Direct Marketing Retail 800 1,587
Tonghua Dongbao Pharmaceutical Co. Ltd., A Pharmaceuticals 600 1,344
Tongwei Co. Ltd., A Food Products 600 1,227
aTowngas China Co. Ltd. Gas Utilities 4,000 2,883
TravelSky Technology Ltd., H IT Services 4,000 8,038
Tsingtao Brewery Co. Ltd., H Beverages 1,800 11,462
  Electronic Equipment, Instruments &    
Tunghsu Optoelectronic Technology Co. Ltd. Components 1,200 897
Uni-President China Holdings Ltd. Food Products 6,000 6,682
  Electronic Equipment, Instruments &    
Universal Scientific Industrial Shanghai Co. Ltd., A Components 600 1,052
aVipshop Holdings Ltd., ADR Internet & Direct Marketing Retail 1,544 13,325
Want Want China Holdings Ltd. Food Products 20,000 16,256
aWeibo Corp., ADR Interactive Media & Services 188 8,187
Weichai Power Co. Ltd., A Machinery 200 358
Weichai Power Co. Ltd., H Machinery 8,000 13,517
Weifu High-Technology Co. Ltd., B Auto Components 800 1,443
Wens Foodstuffs Group Co. Ltd. Food Products 200 1,044
  Electronic Equipment, Instruments &    
Wuhan Guide Infrared Co. Ltd. Components 400 1,117
Wuliangye Yibin Co. Ltd. Beverages 200 3,432
  Electronic Equipment, Instruments &    
WUS Printed Circuit Kunshan Co. Ltd. Components 600 1,189
WuXi AppTec Co. Ltd., H Life Sciences Tools & Services 600 5,261

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
a,cWuxi Biologics Cayman Inc., Reg S Life Sciences Tools & Services 2,000 17,958
  Electronic Equipment, Instruments &    
Wuxi Lead Intelligent Equipment Co. Ltd., A Components 200 978
  Electronic Equipment, Instruments &    
Xiamen Meiya Pico Information Co. Ltd. Components 400 1,038
  Technology Hardware, Storage &    
aXiaomi Corp., B Peripherals 32,800 41,984
Xinhua Winshare Publishing and Media Co. Ltd., H Distributors 4,000 2,831
Xinjiang Goldwind Science & Technology Co. Ltd. Electrical Equipment 600 1,085
Xinjiang Goldwind Science & Technology Co. Ltd., H Electrical Equipment 2,000 2,186
  Semiconductors & Semiconductor    
Xinyi Solar Holdings Ltd. Equipment 12,000 5,914
cYangtze Optical Fibre and Cable Joint Stock Ltd. Co., H, Reg S Communications Equipment 1,000 2,040
Yantai Changyu Pioneer Wine Co. Ltd., B Beverages 800 1,777
Yanzhou Coal Mining Co. Ltd., H Oil, Gas & Consumable Fuels 8,000 7,475
Yonghui Superstores Co. Ltd., A Food & Staples Retailing 600 891
Yonyou Network Technology Co. Ltd., A Software 400 1,564
Yuexiu Property Co. Ltd. Real Estate Management & Development 24,000 5,437
aYY Inc., ADR Interactive Media & Services 150 10,454
Zhaojin Mining Industry Co. Ltd., H Metals & Mining 3,000 3,360
Zhejiang Chint Electrics Co. Ltd., A Electrical Equipment 400 1,344
  Electronic Equipment, Instruments &    
Zhejiang Crystal-Optech Co. Ltd., A Components 600 1,011
  Electronic Equipment, Instruments &    
Zhejiang Dahua Technology Co. Ltd. Components 600 1,268
Zhejiang Expressway Co. Ltd., H Transportation Infrastructure 4,000 4,214
Zhejiang Hailiang Co. Ltd., A Metals & Mining 600 945
Zhejiang NHU Co. Ltd. Pharmaceuticals 400 1,123
a,cZhongAn Online P&C Insurance Co. Ltd., Reg S Insurance 1,200 3,295
Zhongsheng Group Holdings Ltd. Specialty Retail 3,000 8,352
Zhuzhou CRRC Times Electric Co. Ltd., H Electrical Equipment 2,000 10,534
Zijin Mining Group Co. Ltd., H Metals & Mining 20,000 8,115
Zoomlion Heavy Industry Science and Technology Development Co.      
Ltd., H Machinery 5,200 3,415
aZTE Corp. Communications Equipment 200 947
aZTE Corp., H Communications Equipment 2,400 6,927
ZTO Express Cayman Inc., ADR Air Freight & Logistics 1,190 22,753
      5,955,880
Hong Kong 11.2%      
AIA Group Ltd. Insurance 43,200 465,869
aAlibaba Pictures Group Ltd. Entertainment 40,000 8,602
  Semiconductors & Semiconductor    
ASM Pacific Technology Ltd. Equipment 1,200 12,288
BOC Hong Kong (Holdings) Ltd. Banks 13,000 51,168
Bosideng International Holdings Ltd. Textiles, Apparel & Luxury Goods 12,000 3,333
Cathay Pacific Airways Ltd. Airlines 2,000 2,990
  Equity Real Estate Investment Trusts    
Champion REIT (REITs) 8,000 6,666
China Gas Holdings Ltd. Gas Utilities 5,600 20,823
Chow Tai Fook Jewellery Group Ltd. Specialty Retail 4,000 4,352
CK Asset Holdings Ltd. Real Estate Management & Development 9,000 70,445
CK Hutchison Holdings Ltd. Industrial Conglomerates 9,500 93,632
CK Infrastructure Holdings Ltd. Electric Utilities 2,000 16,307
CLP Holdings Ltd. Electric Utilities 6,000 66,201
Dah Sing Banking Group Ltd. Banks 1,600 2,888
Dah Sing Financial Group Ltd. Banks 800 3,738
Dairy Farm International Holdings Ltd. Food & Staples Retailing 1,200 8,580
First Pacific Co. Ltd. Diversified Financial Services 8,000 3,246
aFullshare Holdings Ltd. Electrical Equipment 25,000 1,552
Great Eagle Holdings Ltd. Real Estate Management & Development 1,000 4,275
Haitong International Securities Group Ltd. Capital Markets 12,000 3,917
Hang Lung Group Ltd. Real Estate Management & Development 4,000 11,085
Hang Lung Properties Ltd. Real Estate Management & Development 8,000 19,026

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Hang Seng Bank Ltd. Banks 2,600 64,729
Henderson Land Development Co. Ltd. Real Estate Management & Development 4,840 26,670
Hong Kong and China Gas Co. Ltd. Gas Utilities 34,320 76,086
Hong Kong Exchanges and Clearing Ltd. Capital Markets 4,400 155,330
Hongkong Land Holdings Ltd. Real Estate Management & Development 4,200 27,048
Huabao International Holdings Ltd. Chemicals 4,000 1,690
Hutchison Telecommunications Hong Kong Holdings Ltd. Wireless Telecommunication Services 8,000 1,884
Hysan Development Co. Ltd. Real Estate Management & Development 2,000 10,330
Jardine Matheson Holdings Ltd. Industrial Conglomerates 800 50,416
Jardine Strategic Holdings Ltd. Industrial Conglomerates 600 22,878
Johnson Electric Holdings Ltd. Electrical Equipment 2,000 4,270
Kerry Properties Ltd. Real Estate Management & Development 2,000 8,397
Kingboard Laminates Holdings Ltd. Chemicals 4,000 3,666
aLanding International Development Ltd. Real Estate Management & Development 4,800 663
Lee & Man Paper Manufacturing Ltd. Paper & Forest Products 6,000 4,201
Li & Fung Ltd. Textiles, Apparel & Luxury Goods 20,000 3,482
Lifestyle International Holdings Ltd. Multiline Retail 2,000 2,923
  Equity Real Estate Investment Trusts    
Link REIT (REITs) 7,500 92,160
Melco International Development Ltd. Hotels, Restaurants & Leisure 2,000 4,434
MGM China Holdings Ltd. Hotels, Restaurants & Leisure 3,200 5,439
MTR Corp. Ltd. Road & Rail 5,000 33,664
New World Development Co. Ltd. Real Estate Management & Development 20,000 31,283
NWS Holdings Ltd. Industrial Conglomerates 4,000 8,223
PCCW Ltd. Diversified Telecommunication Services 16,000 9,236
Power Assets Holdings Ltd. Electric Utilities 4,000 28,774
Sa Sa International Holdings Ltd. Specialty Retail 4,153 1,191
Samsonite International SA Textiles, Apparel & Luxury Goods 4,200 9,634
Shangri-La Asia Ltd. Hotels, Restaurants & Leisure 4,000 5,043
Shun Tak Holdings Ltd. Industrial Conglomerates 8,000 3,205
Sino Biopharmaceutical Ltd. Pharmaceuticals 22,000 22,500
Sino Land Co. Ltd. Real Estate Management & Development 12,000 20,122
Sun Art Retail Group Ltd. Food & Staples Retailing 8,000 7,578
Sun Hung Kai Properties Ltd. Real Estate Management & Development 5,000 84,800
Swire Pacific Ltd., A Real Estate Management & Development 2,000 24,576
Swire Pacific Ltd., B Real Estate Management & Development 5,000 9,472
Swire Properties Ltd. Real Estate Management & Development 4,000 16,154
Techtronic Industries Co. Ltd. Machinery 4,000 30,618
Television Broadcasts Ltd. Media 1,200 2,006
The Bank of East Asia Ltd. Banks 4,800 13,425
The Wharf Holdings Ltd. Real Estate Management & Development 4,000 10,598
aUnited Energy Group Ltd. Oil, Gas & Consumable Fuels 24,000 4,700
Vitasoy International Holdings Ltd. Food Products 2,000 9,613
VTech Holdings Ltd. Communications Equipment 600 5,368
cWH Group Ltd., Reg S Food Products 30,000 30,413
Wharf Real Estate Investment Co. Ltd. Real Estate Management & Development 4,000 28,186
Wheelock and Co. Ltd. Real Estate Management & Development 3,000 21,504
Xinyi Glass Holdings Ltd. Auto Components 8,000 8,397
Yue Yuen Industrial Holdings Ltd. Textiles, Apparel & Luxury Goods 2,000 5,478
      1,933,440
India 11.6%      
a3M India Ltd. Industrial Conglomerates 8 2,691
ABB India Ltd. Electrical Equipment 196 4,550
ACC Ltd. Construction Materials 174 3,938
Adani Enterprises Ltd. Trading Companies & Distributors 1,018 2,220
Adani Ports And Special Economic Zone Ltd. Transportation Infrastructure 2,444 14,524
  Independent Power and Renewable    
aAdani Power Ltd. Electricity Producers 3,568 2,654
aAdani Transmissions Ltd. Electric Utilities 1,000 3,247
aAditya Birla Capital Ltd. Diversified Financial Services 1,764 2,346
Alkem Laboratories Ltd. Pharmaceuticals 148 3,578
Ambuja Cements Ltd. Construction Materials 2,804 8,646
Ashok Leyland Ltd. Machinery 3,826 4,836

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Asian Paints Ltd. Chemicals 1,050 20,659
Aurobindo Pharma Ltd. Pharmaceuticals 926 8,157
aAvenue Supermarts Ltd. Food & Staples Retailing 428 8,668
aAxis Bank Ltd. Banks 6,490 76,020
Bajaj Auto Ltd. Automobiles 318 13,024
Bajaj Finance Ltd. Consumer Finance 620 33,063
Bajaj Finserv Ltd. Insurance 138 17,042
Bajaj Holdings & Investment Ltd. Diversified Financial Services 84 4,379
Bandhan Bank Ltd. Banks 374 2,919
aBank of Baroda Banks 1,776 3,129
aBank of India Banks 800 1,045
Berger Paints India Ltd. Chemicals 898 4,130
Bharat Electronics Ltd. Aerospace & Defense 2,272 3,703
Bharat Forge Ltd. Auto Components 718 4,680
Bharat Heavy Electricals Ltd. Electrical Equipment 2,868 3,039
Bharat Petroleum Corp. Ltd. Oil, Gas & Consumable Fuels 3,650 20,752
Bharti Airtel Ltd. Wireless Telecommunication Services 5,864 29,448
Bharti Infratel Ltd. Diversified Telecommunication Services 3,012 11,653
Biocon Ltd. Biotechnology 984 3,572
Bosch Ltd. Auto Components 24 5,681
Britannia Industries Ltd. Food Products 210 8,347
Cadila Healthcare Ltd. Pharmaceuticals 948 3,319
aCanara Bank Ltd. Banks 460 1,895
Castrol India Ltd. Chemicals 1,746 3,353
Cipla Ltd. Pharmaceuticals 1,240 9,942
Coal India Ltd. Oil, Gas & Consumable Fuels 5,190 19,083
Colgate-Palmolive India Ltd. Personal Products 242 3,954
Container Corp. of India Ltd. Road & Rail 640 5,285
Cummins India Ltd. Machinery 256 2,834
Dabur India Ltd. Personal Products 1,880 10,908
aDalmia Bharat Ltd. Construction Materials 176 2,672
Divi's Laboratories Ltd. Life Sciences Tools & Services 306 7,079
DLF Ltd. Real Estate Management & Development 1,624 4,436
Dr Reddy's Laboratories Ltd. Pharmaceuticals 288 10,641
Eicher Motors Ltd. Automobiles 48 13,309
Emami Ltd. Personal Products 420 1,820
Exide Industries Ltd. Auto Components 786 2,292
Federal Bank Ltd. Banks 5,306 8,332
aFuture Retail Ltd. Multiline Retail 780 5,480
GAIL India Ltd. Gas Utilities 1,896 8,568
Gillette India Ltd. Personal Products 28 3,033
GlaxoSmithKline Consumer Healthcare Ltd. Food Products 40 4,456
Glenmark Pharmaceuticals Ltd. Pharmaceuticals 532 3,417
aGMR Infrastructure Ltd. Construction & Engineering 4,872 1,052
Godrej Consumer Products Ltd. Personal Products 1,350 12,969
Godrej Industries Ltd. Industrial Conglomerates 270 1,893
Grasim Industries Ltd. Construction Materials 1,106 14,646
aGruh Finance Ltd. Thrifts & Mortgage Finance 620 2,480
Havell's India Ltd. Electrical Equipment 848 9,658
HCL Technologies Ltd. IT Services 1,968 30,354
HDFC Asset Management Co. Ltd. Capital Markets 104 3,106
dHDFC Life Insurance Co. Ltd., 144A Insurance 1,218 8,188
Hero Motocorp Ltd. Automobiles 356 13,314
Hindalco Industries Ltd. Metals & Mining 3,362 10,084
Hindustan Petroleum Corp. Ltd. Oil, Gas & Consumable Fuels 2,108 8,858
Hindustan Unilever Ltd. Household Products 2,582 66,866
Hindustan Zinc Ltd. Metals & Mining 902 3,190
Housing Development Finance Corp. Ltd. Thrifts & Mortgage Finance 6,204 197,020
cICICI Lombard General Insurance Co. Ltd., Reg S Insurance 580 9,348
cICICI Prudential Life Insurance Co. Ltd., Reg S Insurance 994 5,597
aIDFC First Bank Ltd. Banks 8,362 5,239
IDFC Ltd. Diversified Financial Services 1,692 851
Indiabulls Housing Finance Ltd. Thrifts & Mortgage Finance 1,154 10,159
Indian Oil Corp. Ltd. Oil, Gas & Consumable Fuels 7,552 17,056

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Infosys Ltd. IT Services 13,622 144,454
cInterGlobe Aviation Ltd., Reg S Airlines 326 7,358
ITC Ltd. Tobacco 10,572 41,942
aJindal Steel & Power Ltd. Metals & Mining 1,410 2,902
  Independent Power and Renewable    
aJSW Energy Ltd. Electricity Producers 1,352 1,311
JSW Steel Ltd. Metals & Mining 4,314 17,287
Kansai Nerolac Paints Ltd. Chemicals 498 3,184
L&T Finance Holdings Ltd. Diversified Financial Services 1,686 2,813
cLarsen & Toubro Infotech Ltd., Reg S IT Services 114 3,021
Larsen & Toubro Ltd. Construction & Engineering 1,204 27,091
LIC Housing Finance Ltd. Thrifts & Mortgage Finance 810 6,516
Lupin Ltd. Pharmaceuticals 852 9,316
Mahindra & Mahindra Financial Services Ltd. Consumer Finance 1,052 5,919
Mahindra & Mahindra Ltd. Automobiles 2,094 19,880
Mangalore Refinery and Petrochemicals Ltd. Oil, Gas & Consumable Fuels 272 238
Marico Ltd. Personal Products 1,582 8,492
Maruti Suzuki India Ltd. Automobiles 442 41,843
Motherson Sumi Systems Ltd. Auto Components 3,615 6,387
Mphasis Ltd. IT Services 223 3,244
MRF Ltd. Auto Components 6 4,921
Muthoot Finance Ltd. Consumer Finance 354 3,307
Nestle India Ltd. Food Products 84 14,496
  Independent Power and Renewable    
NHPC Ltd. Electricity Producers 9,042 3,249
NMDC Ltd. Metals & Mining 2,821 4,616
  Independent Power and Renewable    
NTPC Ltd. Electricity Producers 8,472 17,348
Oil & Natural Gas Corp. Ltd. Oil, Gas & Consumable Fuels 10,820 26,295
Oil India Ltd. Oil, Gas & Consumable Fuels 894 2,305
Oracle Financial Services Software Ltd. Software 58 2,664
Page Industries Ltd. Textiles, Apparel & Luxury Goods 18 5,367
Petronet LNG Ltd. Oil, Gas & Consumable Fuels 1,926 6,839
Pidilite Industries Ltd. Chemicals 426 7,495
Piramal Enterprises Ltd. Pharmaceuticals 324 9,136
aPower Finance Corp., Ltd. Diversified Financial Services 2,200 4,277
Power Grid Corp. of India Ltd. Electric Utilities 2,960 8,872
aPunjab National Bank Ltd. Banks 2,800 3,227
Rajesh Exports Ltd. Textiles, Apparel & Luxury Goods 534 5,588
cRBL Bank Ltd., Reg S Banks 1,142 10,566
REC Ltd. Diversified Financial Services 2,438 5,821
Reliance Capital Ltd. Diversified Financial Services 376 360
Reliance Industries Ltd. Oil, Gas & Consumable Fuels 11,196 203,248
Reliance Infrastructure Ltd. Electric Utilities 496 399
  Independent Power and Renewable    
aReliance Power Ltd. Electricity Producers 2,116 127
SBI Life Insurance Co. Ltd. Insurance 620 6,500
Shree Cement Ltd. Construction Materials 32 10,116
Shriram Transport Finance Co. Ltd. Consumer Finance 556 8,703
Siemens Ltd. Industrial Conglomerates 284 5,395
aState Bank of India Banks 6,482 33,923
aSteel Authority of India Ltd. Metals & Mining 3,318 2,439
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 4,014 23,316
Sun TV Network Ltd. Media 324 2,370
Tata Communications Ltd. Diversified Telecommunication Services 262 1,841
Tata Consultancy Services Ltd. IT Services 3,264 105,314
aTata Motors Ltd. Automobiles 3,862 9,094
aTata Motors Ltd., A Automobiles 1,030 1,188
Tata Power Co. Ltd. Electric Utilities 1,864 1,863
Tata Steel Ltd. Metals & Mining 1,042 7,614
Tech Mahindra Ltd. IT Services 1,658 16,972
Titan Co. Ltd. Textiles, Apparel & Luxury Goods 1,092 21,115
Torrent Pharmaceuticals Ltd. Pharmaceuticals 156 3,497
Torrent Power Ltd. Electric Utilities 444 1,809

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
TVS Motor Co. Ltd. Automobiles 390 2,419
UltraTech Cement Ltd. Construction Materials 382 25,212
aUnion Bank of India Ltd. Banks 560 658
United Breweries Ltd. Beverages 256 4,966
aUnited Spirits Ltd. Beverages 1,032 8,745
UPL Ltd. Chemicals 1,308 17,764
Vedanta Ltd. Metals & Mining 5,998 15,150
aVodafone Idea Ltd. Wireless Telecommunication Services 30,442 5,358
Voltas Ltd. Construction & Engineering 364 3,393
Wipro Ltd. IT Services 5,154 20,944
aWockhardt Ltd. Pharmaceuticals 112 608
Yes Bank Ltd. Banks 6,210 9,784
Zee Entertainment Enterprises Ltd. Media 1,936 9,498
      1,995,665
Indonesia 2.3%      
Adaro Energy Tbk PT Oil, Gas & Consumable Fuels 44,600 4,293
Astra Agro Lestari Tbk PT Food Products 1,200 883
Astra International Tbk PT Automobiles 72,800 38,390
Bank Central Asia Tbk PT Banks 34,400 72,988
bBank Danamon Indonesia Tbk PT Banks 2,400 815
Bank Mandiri Persero Tbk PT Banks 66,000 37,491
Bank Negara Indonesia Persero Tbk PT Banks 27,000 17,583
Bank Rakyat Indonesia Persero Tbk PT Banks 191,000 58,946
Bukit Asam Tbk PT Oil, Gas & Consumable Fuels 15,600 3,268
aBumi Serpong Damai Tbk PT Real Estate Management & Development 20,400 2,217
Charoen Pokphand Indonesia Tbk PT Food Products 27,000 9,040
Gudang Garam Tbk PT Tobacco 1,600 8,706
Hanjaya Mandala Sampoerna Tbk PT Tobacco 33,600 7,468
Indah Kiat Pulp & Paper Corp Tbk PT Paper & Forest Products 9,600 6,371
Indocement Tunggal Prakarsa Tbk PT Construction Materials 4,400 6,229
Indofood CBP Sukses Makmur Tbk PT Food Products 8,800 6,322
Indofood Sukses Makmur Tbk PT Food Products 14,600 7,260
Jasa Marga Persero Tbk PT Transportation Infrastructure 8,000 3,242
Kalbe Farma Tbk PT Pharmaceuticals 63,400 6,552
Matahari Department Store Tbk PT Multiline Retail 8,600 2,100
Media Nusantara Citra Tbk PT Media 19,000 1,399
Perusahaan Gas Negara (Persero) Tbk PT Gas Utilities 37,600 5,616
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk,      
B Diversified Telecommunication Services 165,400 48,470
PT Barito Pacific Tbk Chemicals 13,800 3,136
aPT XL Axiata Tbk Wireless Telecommunication Services 12,800 2,700
Semen Indonesia (Persero) Tbk PT Construction Materials 10,400 8,521
Surya Citra Media Tbk PT Media 22,000 2,507
Tower Bersama Infrastructure Tbk PT Diversified Telecommunication Services 7,200 1,932
Unilever Indonesia Tbk PT Household Products 4,000 12,741
United Tractors Tbk PT Oil, Gas & Consumable Fuels 5,600 11,178
aVale Indonesia Tbk PT Metals & Mining 7,000 1,546
      399,910
Italy 0.0%†      
Prada SpA Textiles, Apparel & Luxury Goods 1,800 5,564
 
Luxembourg 0.0%†      
L'Occitane International SA Personal Products 2,000 3,953
 
Macau 0.7%      
Galaxy Entertainment Group Ltd. Hotels, Restaurants & Leisure 8,000 53,914
aMacau Legend Development Ltd. Hotels, Restaurants & Leisure 8,000 1,126
Sands China Ltd. Hotels, Restaurants & Leisure 8,000 38,247
SJM Holdings Ltd. Hotels, Restaurants & Leisure 8,000 9,103

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Wynn Macau Ltd. Hotels, Restaurants & Leisure 5,600 12,544
      114,934
Malaysia 3.0%      
AirAsia Group Bhd. Airlines 5,400 3,567
Alliance Bank Malaysia Bhd. Banks 4,200 3,821
AMMB Holdings Bhd. Banks 7,000 7,165
Astro Malaysia Holdings Bhd. Media 5,400 1,895
Axiata Group Bhd. Wireless Telecommunication Services 15,400 18,558
British American Tobacco Malaysia Bhd. Tobacco 400 2,788
CIMB Group Holdings Bhd. Banks 24,600 32,026
Dialog Group Bhd. Energy Equipment & Services 16,400 12,937
Digi.com Bhd. Wireless Telecommunication Services 12,800 15,642
aFGV Holdings Bhd. Food Products 7,200 1,951
Fraser & Neave Holdings Bhd. Beverages 400 3,345
Gamuda Bhd. Construction & Engineering 7,200 6,551
Genting Bhd. Hotels, Restaurants & Leisure 8,200 13,434
Genting Malaysia Bhd. Hotels, Restaurants & Leisure 9,600 7,527
HAP Seng Consolidated Bhd. Industrial Conglomerates 2,400 5,779
Hartalega Holdings Bhd. Health Care Equipment & Supplies 5,400 6,847
Hong Leong Bank Bhd. Banks 2,400 11,034
Hong Leong Financial Group Bhd. Banks 1,000 4,486
IHH Healthcare Bhd. Health Care Providers & Services 10,800 15,158
IJM Corp. Bhd. Construction & Engineering 10,200 5,924
IOI Corp. Bhd. Food Products 11,800 12,136
IOI Properties Group Bhd. Real Estate Management & Development 6,600 2,204
  Equity Real Estate Investment Trusts    
KLCCP Stapled Group (REITs) 1,800 3,384
Kuala Lumpur Kepong Bhd. Food Products 1,800 10,698
Malayan Banking Bhd. Banks 21,238 45,637
Malaysia Airports Holdings Bhd. Transportation Infrastructure 3,400 7,018
Maxis Bhd. Wireless Telecommunication Services 10,000 13,479
MISC Bhd. Marine 4,800 8,305
Nestle (Malaysia) Bhd. Food Products 200 7,216
Petronas Chemicals Group Bhd. Chemicals 10,200 20,733
Petronas Dagangan Bhd. Oil, Gas & Consumable Fuels 1,200 7,376
Petronas Gas Bhd. Gas Utilities 3,000 12,603
PPB Group Bhd. Food Products 2,440 11,041
Press Metal Aluminium Holdings Bhd. Metals & Mining 6,600 7,027
Public Bank Bhd. Banks 11,200 62,335
QL Resources Bhd. Food Products 2,600 4,303
RHB Bank Bhd Banks 4,400 5,952
Sime Darby Bhd. Industrial Conglomerates 13,600 7,438
Sime Darby Plantation Bhd. Food Products 13,000 15,477
Sime Darby Property Bhd. Real Estate Management & Development 13,600 3,390
Telekom Malaysia Bhd. Diversified Telecommunication Services 4,400 4,259
Tenaga Nasional Bhd. Electric Utilities 14,000 46,887
Top Glove Corp. Bhd. Health Care Equipment & Supplies 6,200 7,366
UEM Sunrise Bhd. Real Estate Management & Development 4,800 929
Westports Holdings Bhd. Transportation Infrastructure 3,800 3,623
YTL Corp. Bhd. Multi-Utilities 17,200 4,662
YTL Power International Bhd. Multi-Utilities 8,000 1,587
      517,500
Pakistan 0.0%†      
Fauji Fertilizer Co. Ltd. Chemicals 3,000 1,638
Habib Bank Ltd. Banks 2,600 1,843
aNational Bank of Pakistan Banks 2,000 421
Oil & Gas Development Co. Ltd. Oil, Gas & Consumable Fuels 1,000 823
Pakistan Petroleum Ltd. Oil, Gas & Consumable Fuels 2,070 1,872
      6,597
Philippines 1.4%      
  Independent Power and Renewable    
Aboitiz Power Corp. Electricity Producers 6,000 4,075

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Alliance Global Group Inc. Industrial Conglomerates 15,000 4,520
Ayala Corp. Diversified Financial Services 865 15,093
Ayala Land Inc. Real Estate Management & Development 25,600 25,383
Bank of the Philippine Islands Banks 6,484 9,934
BDO Unibank Inc. Banks 6,960 19,018
Bloomberry Resorts Corp. Hotels, Restaurants & Leisure 13,200 2,911
DMCI Holdings Inc. Industrial Conglomerates 14,200 2,855
Globe Telecom Inc. Wireless Telecommunication Services 110 4,856
GT Capital Holdings Inc. Diversified Financial Services 331 6,073
International Container Terminal Services Inc. Transportation Infrastructure 3,900 11,144
JG Summit Holdings Inc. Industrial Conglomerates 10,500 13,813
Jollibee Foods Corp. Hotels, Restaurants & Leisure 1,560 8,580
LT Group Inc. Industrial Conglomerates 10,600 3,145
Manila Electric Co. Electric Utilities 1,020 7,704
Megaworld Corp. Real Estate Management & Development 44,000 5,239
Metro Pacific Investments Corp. Diversified Financial Services 48,600 4,553
Metropolitan Bank & Trust Co. Banks 5,326 7,407
PLDT Inc. Wireless Telecommunication Services 420 10,575
San Miguel Corp. Industrial Conglomerates 1,320 4,514
San Miguel Pure Foods Co. Inc. Food Products 2,420 5,007
Semirara Mining and Power Corp. Oil, Gas & Consumable Fuels 4,600 2,078
SM Investments Corp. Industrial Conglomerates 1,760 33,287
SM Prime Holdings Inc. Real Estate Management & Development 33,000 23,896
Universal Robina Corp. Food Products 3,140 10,174
      245,834
Singapore 4.3%      
  Equity Real Estate Investment Trusts    
Ascendas REIT (REITs) 9,200 21,216
BOC Aviation Ltd. Trading Companies & Distributors 800 6,718
  Equity Real Estate Investment Trusts    
CapitaLand Commercial Trust (REITs) 8,400 13,473
CapitaLand Ltd. Real Estate Management & Development 9,200 24,004
  Equity Real Estate Investment Trusts    
CapitaLand Mall Trust (REITs) 8,800 17,106
City Developments Ltd. Real Estate Management & Development 1,800 12,599
ComfortDelGro Corp. Ltd. Road & Rail 7,400 14,549
DBS Group Holdings Ltd. Banks 6,400 122,801
Frasers Property Ltd. Real Estate Management & Development 800 1,106
Genting Singapore Ltd. Hotels, Restaurants & Leisure 21,400 14,552
Golden Agri-Resources Ltd. Food Products 24,600 5,273
Hutchison Port Holdings Trust Transportation Infrastructure 18,800 4,324
Jardine Cycle & Carriage Ltd. Distributors 400 10,711
Keppel Corp. Ltd. Industrial Conglomerates 5,200 25,597
  Equity Real Estate Investment Trusts    
Keppel REIT (REITs) 7,200 6,705
  Equity Real Estate Investment Trusts    
Mapletree Commercial Trust (REITs) 6,600 10,196
  Equity Real Estate Investment Trusts    
Mapletree Industrial Trust (REITs) 4,800 7,947
  Equity Real Estate Investment Trusts    
Mapletree Logistics Trust (REITs) 8,600 10,107
  Equity Real Estate Investment Trusts    
cMapletree North Asia Commercial Trust, Reg S (REITs) 7,800 8,417
Olam International Ltd. Food & Staples Retailing 2,200 3,203
Oversea-Chinese Banking Corp. Ltd. Banks 12,000 101,112
SATS Ltd. Transportation Infrastructure 2,400 9,260
SembCorp Industries Ltd. Industrial Conglomerates 3,200 5,700
aSembCorp Marine Ltd. Machinery 3,000 3,348
SIA Engineering Co. Ltd. Transportation Infrastructure 400 742
Singapore Airlines Ltd. Airlines 2,000 13,703
Singapore Exchange Ltd. Capital Markets 3,000 17,562
Singapore Post Ltd. Air Freight & Logistics 5,800 4,073
Singapore Press Holdings Ltd. Media 5,600 10,099

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Singapore Technologies Engineering Ltd. Aerospace & Defense 5,800 17,748
Singapore Telecommunications Ltd. Diversified Telecommunication Services 27,200 70,365
StarHub Ltd. Wireless Telecommunication Services 2,200 2,504
  Equity Real Estate Investment Trusts    
Suntec REIT (REITs) 6,800 9,751
United Overseas Bank Ltd. Banks 4,600 88,842
UOL Group Ltd. Real Estate Management & Development 1,800 10,045
  Electronic Equipment, Instruments &    
Venture Corp. Ltd. Components 800 9,632
Wilmar International Ltd. Food Products 7,200 19,690
Wing Tai Holdings Ltd. Real Estate Management & Development 1,600 2,448
Yangzijiang Shipbuilding Holdings Ltd. Machinery 8,200 9,273
Yanlord Land Group Ltd. Real Estate Management & Development 2,600 2,479
      748,980
South Korea 13.4%      
Amorepacific Corp. Personal Products 114 16,241
AmorePacific Group Personal Products 110 5,935
BGF Co. Ltd. Industrial Conglomerates 48 308
BGF Retail Co. Ltd. Food & Staples Retailing 22 4,020
BNK Financial Group Inc. Banks 954 6,188
aCelltrion Healthcare Co. Ltd. Health Care Providers & Services 198 9,689
aCelltrion Inc. Biotechnology 352 62,648
Cheil Worldwide Inc. Media 266 6,773
CJ CheilJedang Corp. Food Products 28 7,202
bCJ Corp. Industrial Conglomerates 30 2,624
CJ ENM Co. Ltd. Internet & Direct Marketing Retail 34 5,212
aCJ Logistics Corp. Road & Rail 28 3,262
Daelim Industrial Co. Ltd. Construction & Engineering 100 9,960
aDaewoo Engineering & Construction Co. Ltd. Construction & Engineering 680 2,909
aDaewoo Shipbuilding & Marine Engineering Co. Ltd. Machinery 166 4,701
DB Insurance Co. Ltd. Insurance 170 8,731
DGB Financial Group Inc. Banks 588 4,150
Dongsuh Cos. Inc. Food & Staples Retailing 118 1,967
aDoosan Bobcat Inc. Machinery 86 2,711
Doosan Corp. Industrial Conglomerates 22 1,915
aDoosan Heavy Industries and Construction Co. Ltd. Electrical Equipment 379 2,035
aDoosan Infracore Co. Ltd. Machinery 478 2,575
E-MART Inc. Food & Staples Retailing 72 8,730
Fila Korea Ltd. Textiles, Apparel & Luxury Goods 188 12,488
GS Engineering & Construction Corp. Construction & Engineering 212 7,408
GS Holdings Corp. Oil, Gas & Consumable Fuels 196 8,691
GS Retail Co. Ltd. Food & Staples Retailing 102 3,472
Hana Financial Group Inc. Banks 1,054 34,140
Hankook Tire & Technology Co. Ltd. Auto Components 280 8,512
Hanmi Pharm Co. Ltd. Pharmaceuticals 26 9,097
Hanmi Science Co. Ltd. Pharmaceuticals 35 2,067
Hanon Systems Auto Components 618 6,235
Hanssem Co. Ltd. Household Durables 38 2,412
aHanwha Aerospace Co. Ltd. Aerospace & Defense 134 3,859
Hanwha Chemical Corp. Chemicals 266 5,229
Hanwha Corp. Industrial Conglomerates 110 2,544
Hanwha Life Insurance Co. Ltd. Insurance 940 2,666
HDC Holdings Co. Ltd. Construction & Engineering 98 1,286
HDC Hyundai Development Co-Engineering & Construction Construction & Engineering 116 4,370
aHelixmith Co. Ltd. Biotechnology 48 7,009
aHelixmith Co. Ltd., rts, 8/06/19 Biotechnology 3 91
Hite Jinro Co. Ltd. Beverages 116 2,044
aHLB Inc. Leisure Products 126 3,852
Hotel Shilla Co. Ltd. Specialty Retail 106 8,905
Hyosung TNC Co. Ltd. Textiles, Apparel & Luxury Goods 10 1,230
Hyundai Construction Equipment Co. Ltd. Machinery 44 1,545
Hyundai Department Store Co. Ltd. Multiline Retail 58 4,154
Hyundai Engineering & Construction Co. Ltd. Construction & Engineering 252 11,698

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Hyundai Glovis Co. Ltd. Air Freight & Logistics 64 8,924
Hyundai Heavy Industries Holdings Co. Ltd. Machinery 36 10,102
Hyundai Marine & Fire Insurance Co. Ltd. Insurance 232 5,716
Hyundai Mipo Dockyard Co. Ltd. Machinery 76 3,252
Hyundai Mobis Co. Ltd. Auto Components 232 47,318
Hyundai Motor Co. Automobiles 510 61,837
Hyundai Steel Co. Metals & Mining 278 10,064
Hyundai Wia Corp. Auto Components 54 2,275
Industrial Bank of Korea Banks 942 11,462
Kakao Corp. Interactive Media & Services 170 19,361
Kangwon Land Inc. Hotels, Restaurants & Leisure 376 9,851
KB Financial Group Inc. Banks 1,418 56,307
KCC Corp. Building Products 16 3,818
KEPCO Plant Service and Engineering Co. Ltd. Commercial Services & Supplies 82 2,219
Kia Motors Corp. Automobiles 932 35,516
Korea Aerospace Industries Ltd. Aerospace & Defense 248 7,721
aKorea Electric Power Corp. Electric Utilities 942 20,844
Korea Gas Corp. Gas Utilities 102 3,728
Korea Investment Holdings Co. Ltd. Capital Markets 132 9,226
aKorea Shipbuilding & Offshore Engineering Co. Ltd. Machinery 156 16,010
Korea Zinc Co. Ltd. Metals & Mining 34 14,016
Korean Air Lines Co. Ltd. Airlines 174 4,363
KT&G Corp. Tobacco 402 34,294
Kumho Petrochemical Co. Ltd. Chemicals 68 5,736
LG Chem Ltd. Chemicals 162 49,737
LG Corp. Industrial Conglomerates 326 21,712
  Electronic Equipment, Instruments &    
aLG Display Co. Ltd. Components 812 12,553
LG Electronics Inc. Household Durables 382 26,235
LG Household & Health Care Ltd. Personal Products 30 34,114
LG Uplus Corp. Diversified Telecommunication Services 654 8,213
Lotte Chemical Corp. Chemicals 54 11,809
Lotte Chilsung Beverage Co. Ltd. Beverages 10 1,485
Lotte Corp. Industrial Conglomerates 98 3,734
LOTTE Fine Chemical Co. Ltd. Chemicals 68 3,110
Lotte Shopping Co. Ltd. Multiline Retail 36 5,004
LS Corp. Electrical Equipment 66 2,715
Mando Corp. Auto Components 102 2,606
Medy-tox Inc. Biotechnology 14 5,456
Mirae Asset Daewood Co. Ltd. Capital Markets 1,600 11,335
Naver Corp. Interactive Media & Services 478 47,194
NCsoft Corp. Entertainment 58 23,961
aNetmarble Corp. Entertainment 68 6,655
NH Investment & Securities Co. Ltd. Capital Markets 492 6,179
aNHN Corp. Entertainment 38 2,544
Nongshim Co. Ltd. Food Products 12 2,640
OCI Co. Ltd. Chemicals 66 5,333
Orion Corp. Food Products 82 6,569
Ottogi Corp. Food Products 4 2,373
Paradise Co. Ltd. Hotels, Restaurants & Leisure 174 2,456
POSCO Metals & Mining 242 51,244
POSCO Chemical Co. Ltd. Construction Materials 76 3,528
Posco International Corp. Trading Companies & Distributors 188 2,988
S-1 Corp. Commercial Services & Supplies 72 6,086
S-Oil Corp. Oil, Gas & Consumable Fuels 148 10,728
aSamsung Biologics Co. Ltd. Life Sciences Tools & Services 48 13,303
Samsung C&T Corp. Industrial Conglomerates 304 25,196
Samsung Card Co. Ltd. Consumer Finance 92 3,044
  Electronic Equipment, Instruments &    
Samsung Electro-Mechanics Co. Ltd. Components 192 16,263
  Technology Hardware, Storage &    
Samsung Electronics Co. Ltd. Peripherals 16,890 687,507
aSamsung Engineering Co. Ltd. Construction & Engineering 586 8,704
Samsung Fire & Marine Insurance Co. Ltd. Insurance 120 27,853

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
aSamsung Heavy Industries Co. Ltd. Machinery 1,620 11,449
Samsung Life Insurance Co. Ltd. Insurance 232 16,797
  Electronic Equipment, Instruments &    
Samsung SDI Co. Ltd. Components 188 38,507
Samsung SDS Co. Ltd. IT Services 110 20,482
Samsung Securities Co. Ltd. Capital Markets 242 8,195
Shinhan Financial Group Co. Ltd. Banks 1,614 62,762
Shinsegae Co. Ltd. Multiline Retail 26 6,778
aSillaJen Inc. Biotechnology 196 8,386
SK Holdings Co. Ltd. Industrial Conglomerates 120 24,111
  Semiconductors & Semiconductor    
SK Hynix Inc. Equipment 1,872 112,678
SK Innovation Co. Ltd. Oil, Gas & Consumable Fuels 208 28,642
SK Networks Co. Ltd. Trading Companies & Distributors 538 2,358
SK Telecom Co. Ltd. Wireless Telecommunication Services 86 19,291
SKC Co. Ltd. Chemicals 72 2,469
Ssangyong Cement Industrial Co. Ltd. Construction Materials 372 2,030
Woongjin Coway Co. Ltd. Household Durables 202 13,541
Woori Financial Group Inc. Banks 1,964 23,898
Yuhan Corp. Pharmaceuticals 33 6,988
      2,310,978
Taiwan 12.4%      
  Technology Hardware, Storage &    
Acer Inc. Peripherals 10,000 6,198
  Technology Hardware, Storage &    
Advantech Co. Ltd. Peripherals 1,000 8,500
  Semiconductors & Semiconductor    
ASE Industrial Holding Co. Ltd. Equipment 10,500 20,791
Asia Cement Corp. Construction Materials 8,000 12,247
  Technology Hardware, Storage &    
Asustek Computer Inc. Peripherals 2,000 14,359
  Electronic Equipment, Instruments &    
AU Optronics Corp. Components 34,000 10,180
Capital Securities Corp. Capital Markets 10,840 3,309
  Technology Hardware, Storage &    
Catcher Technology Co. Ltd. Peripherals 2,780 19,915
aCathay Financial Holding Co. Ltd. Insurance 28,000 38,764
Chailease Holding Co. Ltd. Diversified Financial Services 4,000 16,549
Chang Hwa Commercial Bank Ltd. Banks 22,880 15,433
Cheng Shin Rubber Industry Co. Ltd. Auto Components 8,000 10,329
  Technology Hardware, Storage &    
Chicony Electronics Co. Ltd. Peripherals 2,010 4,944
China Airlines Ltd. Airlines 10,000 3,168
China Development Financial Holding Corp. Banks 52,000 15,855
China Life Insurance Co. Ltd. Insurance 11,550 9,241
China Motor Corp. Automobiles 2,000 1,784
China Steel Corp. Metals & Mining 46,000 36,952
Chunghwa Telecom Co. Ltd. Diversified Telecommunication Services 14,000 50,934
  Technology Hardware, Storage &    
Compal Electronics Inc. Peripherals 16,000 10,483
CTBC Financial Holding Co. Ltd. Banks 66,000 45,368
  Electronic Equipment, Instruments &    
Delta Electronics Inc. Components 8,000 40,567
E.Sun Financial Holding Co. Ltd. Banks 38,327 32,084
Eclat Textile Co. Ltd. Textiles, Apparel & Luxury Goods 1,000 12,814
  Semiconductors & Semiconductor    
Epistar Corp. Equipment 4,000 3,220
Eternal Materials Co. Ltd. Chemicals 4,000 3,484
EVA Airways Corp. Airlines 8,860 4,265
Evergreen Marine Corp. Taiwan Ltd. Marine 8,878 3,559
Far Eastern International Bank Banks 8,000 3,168
Far Eastern New Century Corp. Industrial Conglomerates 14,000 15,100
Far EasTone Telecommunications Co. Ltd. Wireless Telecommunication Services 6,000 15,126

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Feng Hsin Steel Co. Ltd. Metals & Mining 2,000 4,050
Feng Tay Enterprise Co. Ltd. Textiles, Apparel & Luxury Goods 1,000 7,791
First Financial Holding Co. Ltd. Banks 36,380 26,706
  Electronic Equipment, Instruments &    
FIT Hon Teng Ltd. Components 4,000 1,618
Formosa Chemicals & Fibre Corp. Chemicals 12,000 39,795
Formosa Petrochemical Corp. Oil, Gas & Consumable Fuels 4,000 14,231
Formosa Plastics Corp. Chemicals 16,000 58,984
Formosa Taffeta Co. Ltd. Textiles, Apparel & Luxury Goods 4,000 5,035
  Electronic Equipment, Instruments &    
Foxconn Technology Co. Ltd. Components 4,000 8,126
Fubon Financial Holding Co. Ltd. Insurance 26,000 38,381
Giant Manufacturing Co. Ltd. Leisure Products 1,000 7,824
  Semiconductors & Semiconductor    
Globalwafers Co. Ltd. Equipment 1,000 10,126
  Electronic Equipment, Instruments &    
Hon Hai Precision Industry Co. Ltd. Components 42,800 106,657
Hotai Motor Co. Ltd. Specialty Retail 1,000 16,356
  Technology Hardware, Storage &    
aHTC Corp. Peripherals 4,000 4,707
Hua Nan Financial Holdings Co. Ltd. Banks 31,440 21,105
  Electronic Equipment, Instruments &    
Innolux Corp. Components 32,000 7,552
  Technology Hardware, Storage &    
Inventec Corp. Peripherals 12,000 9,543
  Electronic Equipment, Instruments &    
Largan Precision Co. Ltd. Components 380 47,164
  Technology Hardware, Storage &    
Lite-On Technology Corp. Peripherals 8,000 11,719
  Semiconductors & Semiconductor    
MediaTek Inc. Equipment 5,000 50,548
Mega Financial Holding Co. Ltd. Banks 40,000 39,795
Nan Ya Plastics Corp. Chemicals 20,000 50,612
  Semiconductors & Semiconductor    
Nanya Technology Corp. Equipment 4,000 8,307
  Semiconductors & Semiconductor    
Novatek Microelectronics Corp. Ltd. Equipment 2,000 11,140
Oriental Union Chemical Corp. Chemicals 4,000 3,316
  Technology Hardware, Storage &    
Pegatron Corp. Peripherals 8,000 13,831
Pou Chen Corp. Textiles, Apparel & Luxury Goods 10,000 12,396
President Chain Store Corp. Food & Staples Retailing 2,000 19,350
  Technology Hardware, Storage &    
Quanta Computer Inc. Peripherals 10,000 19,446
  Semiconductors & Semiconductor    
Realtek Semiconductor Corp. Equipment 2,000 14,714
Shin Kong Financial Holding Co. Ltd. Insurance 40,432 12,276
SinoPac Financial Holdings Co. Ltd. Banks 38,800 16,302
  Electronic Equipment, Instruments &    
Synnex Technology International Corp. Components 6,000 7,534
Taishin Financial Holding Co. Ltd. Banks 36,596 16,849
Taiwan Business Bank Banks 14,640 6,434
Taiwan Cement Corp. Construction Materials 15,400 22,833
Taiwan Cooperative Financial Holding Co. Ltd. Banks 33,020 22,113
Taiwan Fertilizer Co. Ltd. Chemicals 2,000 3,075
Taiwan Glass Industry Corp. Building Products 6,000 2,347
Taiwan High Speed Rail Corp. Transportation Infrastructure 8,000 11,771
Taiwan Mobile Co. Ltd. Wireless Telecommunication Services 6,000 23,664
Taiwan Secom Co. Ltd. Commercial Services & Supplies 1,000 2,853
  Semiconductors & Semiconductor    
Taiwan Semiconductor Manufacturing Co. Ltd. Equipment 86,000 661,762
Teco Electric & Machinery Co. Ltd. Electrical Equipment 6,000 4,404
  Electronic Equipment, Instruments &    
TPK Holding Co. Ltd. Components 2,000 3,191

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
  Technology Hardware, Storage &    
Transcend Information Inc. Peripherals 2,000 4,610
U-Ming Marine Transport Corp. Marine 2,000 2,154
Uni-President Enterprises Corp. Food Products 16,000 42,602
  Electronic Equipment, Instruments &    
Unimicron Technology Corp. Components 4,000 4,540
  Semiconductors & Semiconductor    
United Microelectronics Corp. Equipment 40,000 17,965
  Semiconductors & Semiconductor    
Vanguard International Semiconductor Corp. Equipment 4,000 8,397
Walsin Lihwa Corp. Electrical Equipment 12,000 5,679
  Electronic Equipment, Instruments &    
Walsin Technology Corp. Components 2,000 10,560
Wan Hai Lines Ltd. Marine 4,000 2,331
  Technology Hardware, Storage &    
Wistron Corp. Peripherals 10,293 8,020
  Electronic Equipment, Instruments &    
Yageo Corp. Components 1,000 8,500
Yuanta Financial Holding Co. Ltd. Capital Markets 42,000 25,219
Yulon Motor Co. Ltd. Automobiles 4,000 2,936
      2,140,536
Thailand 3.9%      
Advanced Info Service PCL Wireless Telecommunication Services 4,000 28,434
Airports of Thailand Public Co. Ltd., NVDR Transportation Infrastructure 15,600 37,388
Bangkok Bank PCL, fgn. Banks 1,800 11,680
Bangkok Dusit Medical Services PCL Health Care Providers & Services 31,400 26,621
Bangkok Expressway and Metro PCL, NVDR Transportation Infrastructure 28,200 10,483
Bangkok Life Assurance PCL, NVDR Insurance 2,000 1,761
Banpu PCL, NVDR Oil, Gas & Consumable Fuels 15,200 7,435
Berli Jucker PCL, NVDR Food & Staples Retailing 3,600 5,928
BTS Group Holdings PCL, NVDR Road & Rail 27,000 10,565
Bumrungrad Hospital PCL Health Care Providers & Services 1,200 6,613
Central Pattana PCL Real Estate Management & Development 9,200 22,499
Charoen Pokphand Foods PCL, NVDR Food Products 12,800 11,791
CP ALL PCL Food & Staples Retailing 18,800 52,720
  Electronic Equipment, Instruments &    
Delta Electronics Thailand PCL Components 600 1,330
Digital Telecommunications Infrastructure Fund, fgn. Diversified Financial Services 13,200 7,188
  Independent Power and Renewable    
Electricity Generating PCL Electricity Producers 1,200 12,717
  Independent Power and Renewable    
Energy Absolute PCL, NVDR Electricity Producers 6,000 10,907
  Independent Power and Renewable    
Global Power Synergy PCL Electricity Producers 1,400 3,207
  Independent Power and Renewable    
Gulf Energy Development PCL, NVDR Electricity Producers 2,800 11,230
Home Product Center PCL, NVDR Specialty Retail 20,000 11,413
Indorama Ventures PCL, NVDR Chemicals 6,400 9,808
Intouch Holdings PCL Wireless Telecommunication Services 7,200 14,732
IRPC PCL Oil, Gas & Consumable Fuels 39,200 6,391
Kasikornbank PCL, fgn. Banks 4,200 25,953
Kasikornbank PCL, NVDR Banks 3,000 18,391
Krung Thai Bank PCL Banks 22,400 14,243
Land and Houses PCL, NVDR Real Estate Management & Development 24,200 8,759
Minor International PCL Hotels, Restaurants & Leisure 12,600 16,845
Muangthai Capital PCL Consumer Finance 2,400 4,422
Osotspa PCL, NVDR Beverages 4,000 4,533
PTT Exploration and Production PCL, NVDR Oil, Gas & Consumable Fuels 5,000 22,010
PTT Global Chemical PCL, NVDR Chemicals 7,800 16,278
PTT PCL Oil, Gas & Consumable Fuels 51,800 82,343
  Independent Power and Renewable    
Ratch Group PCL, NVDR Electricity Producers 3,200 6,965
Siam City Cement PCL, NVDR Construction Materials 200 1,565

 

 

STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
 
Siam Commercial Bank PCL Banks 8,800   40,029
Siam Makro Public Company Ltd. Food & Staples Retailing 1,200   1,458
aThai Airways International PCL, NVDR Airlines 3,000   1,037
Thai Oil PCL Oil, Gas & Consumable Fuels 4,000   8,674
Thai Union Frozen Products PCL Food Products 10,800   6,445
The Siam Cement PCL Construction Materials 3,000   46,173
TMB Bank PCL Banks 65,000   4,154
Total Access Communication PCL Wireless Telecommunication Services 2,600   4,493
True Corp. PCL, NVDR Diversified Telecommunication Services 35,800   6,829
        664,440
Total Common Stocks and Other Equity Interests (Cost $18,449,915)     17,049,131
Preferred Stocks 0.7%        
South Korea 0.7%        
eAmorepacific Corp.,1.375%, pfd. Personal Products 40   2,986
eCJ CheilJedang Corp., 2.763%, pfd. Food Products 8   890
a,bCJ Corp., pfd. Industrial Conglomerates 7   222
eHanwha Corp., 4.235%, pfd. Industrial Conglomerates 72   876
eHyundai Motor Co., 4.751%, pfd., 2 Automobiles 128   9,567
eHyundai Motor Co., 5.12%, pfd. Automobiles 74   5,069
eLG Chem Ltd., 3.095%, pfd. Chemicals 30   5,080
eLG Electronics Inc., 2.410%, pfd. Household Durables 66   1,898
eLG Household & Health Care Ltd., 1.154%, pfd. Personal Products 8   5,584
eMirae Asset Daewoo Co. Ltd., 5.308%, pfd. Capital Markets 202   725
  Technology Hardware, Storage &      
eSamsung Electronics Co. Ltd., 3.705%, pfd. Peripherals 2,722   90,172
eSamsung Fire & Marine Insurance Co. Ltd., 6.008%, pfd. Insurance 8   1,327
 
Total Preferred Stocks (Cost $143,067)       124,396
Warrants (Cost $—) 0.0%†        
Thailand 0.0%†        
aBTS Group Holdings PCL, wts.,11/29/19 Road & Rail 1   —
 
Total Investments (Cost $18,592,982) 99.4%       17,173,527
 
Other Assets, less Liabilities 0.6%       111,282
Net Assets 100.0%     $ 17,284,809

 

†Rounds to less than 0.1% of net assets.
aNon-income producing.
bFair valued using significant unobservable inputs. See Note 6 regarding fair value measurements.
cSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. These securities have been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June
30, 2019, the aggregate value of these securities was $273,347, representing 1.6% of net assets.
dSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified
institutional buyers or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by
the Fund's Board of Trustees. At June 30, 2019, the aggregate value of these securities was $65,519, representing 0.4% of net assets.
eVariable rate security. The rate shown represents the yield at period end.

At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.

Futures Contracts              
 
 
              Value/Unrealized
    Number of   Notional Expiration   Appreciation
Description Type Contracts   Amount* Date   (Depreciation)
Equity Contracts              
MSCI Emerging Markets Index Long 1 $ 52,670 9/20/19 $ 2,298

 

 

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

*As of period end.

Abbreviations

Selected Portfolio

ADR - American Depositary Receipt
NVDR - Non-Voting Depositary Receipt
REIT - Real Estate Investment Trust
SF - Single Family

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Australia ETF Industry Shares   Value
Common Stocks 99.9%        
Australia 97.8%        
Adelaide Brighton Ltd. Construction Materials 4,360 $ 12,361
AGL Energy Ltd. Multi-Utilities 6,256   87,847
ALS Ltd. Professional Services 4,600   23,694
Alumina Ltd. Metals & Mining 23,888   39,059
AMP Ltd. Diversified Financial Services 28,080   41,775
Ansell Ltd. Health Care Equipment & Supplies 1,256   23,665
Apa Group Gas Utilities 11,232   85,126
Aristocrat Leisure Ltd. Hotels, Restaurants & Leisure 6,080   131,071
Atlas Arteria Ltd. Transportation Infrastructure 6,528   35,915
Aurizon Holdings Ltd. Road & Rail 18,216   69,029
AusNet Services Electric Utilities 17,080   22,473
Australia & New Zealand Banking Group Ltd. Banks 27,008   534,660
Australian Stock Exchange Ltd. Capital Markets 1,848   106,820
Bank of Queensland Ltd. Banks 3,832   25,627
Bendigo and Adelaide Bank Ltd. Banks 4,672   37,966
BHP Group Ltd. Metals & Mining 28,120   812,219
Bluescope Steel Ltd. Metals & Mining 5,008   42,348
Boral Ltd. Construction Materials 11,128   39,982
Brambles Ltd. Commercial Services & Supplies 15,200   137,386
Caltex Australia Ltd. Oil, Gas & Consumable Fuels 2,376   41,267
Challenger Ltd. Diversified Financial Services 5,448   25,386
Cimic Group Ltd. Construction & Engineering 936   29,407
Coca-Cola Amatil Ltd. Beverages 4,880   34,999
Cochlear Ltd. Health Care Equipment & Supplies 536   77,800
a Coles Group Ltd. Food & Staples Retailing 10,816   101,328
Commonwealth Bank of Australia Banks 16,904   981,968
Computershare Ltd. IT Services 4,616   52,509
Crown Resorts Ltd. Hotels, Restaurants & Leisure 3,312   28,936
CSL Ltd. Biotechnology 4,312   650,578
CSR Ltd. Construction Materials 4,776   13,105
  Equity Real Estate Investment Trusts      
Dexus (REITs) 10,400   94,731
Domain Holdings Australia Ltd. Interactive Media & Services 2,240   4,999
Domino's Pizza Enterprises Ltd. Hotels, Restaurants & Leisure 568   15,003
Downer EDI Ltd. Commercial Services & Supplies 5,672   27,544
DuluxGroup Ltd. Chemicals 3,768   24,644
Evolution Mining Ltd. Metals & Mining 10,024   30,670
Flight Centre Travel Group Ltd. Hotels, Restaurants & Leisure 536   15,628
Fortescue Metals Group Ltd. Metals & Mining 15,176   96,061
  Equity Real Estate Investment Trusts      
Goodman Group (REITs) 16,960   178,882
  Equity Real Estate Investment Trusts      
GPT Group (REITs) 18,616   80,342
Harvey Norman Holdings Ltd. Multiline Retail 5,344   15,263
Iluka Resources Ltd. Metals & Mining 3,992   30,171
Incitec Pivot Ltd. Chemicals 15,296   36,603
Insurance Australia Group Ltd. Insurance 22,000   127,522
IOOF Holdings Ltd. Capital Markets 3,272   11,871
James Hardie Industries PLC, CDI Construction Materials 4,208   55,220
LendLease Group Real Estate Management & Development 5,376   49,044
Macquarie Group Ltd. Capital Markets 2,936   258,346
Magellan Financial Group Ltd. Capital Markets 1,264   45,238
Medibank Private Ltd. Insurance 26,296   64,402
Metcash Ltd. Food & Staples Retailing 8,632   15,568
  Equity Real Estate Investment Trusts      
Mirvac Group (REITs) 37,216   81,744
National Australia Bank Ltd. Banks 26,840   503,270
Newcrest Mining Ltd. Metals & Mining 7,336   164,480
Northern Star Resources Ltd. Metals & Mining 5,912   48,333

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
 
Nufarm Ltd. Chemicals 2,760   7,941
Oil Search Ltd. Oil, Gas & Consumable Fuels 12,664   62,831
Orica Ltd. Chemicals 3,616   51,436
Origin Energy Ltd. Oil, Gas & Consumable Fuels 16,744   85,893
Orora Ltd. Containers & Packaging 11,512   26,174
OZ Minerals Ltd. Metals & Mining 3,024   21,285
Perpetual Ltd. Capital Markets 408   12,094
Platinum Asset Management Ltd. Capital Markets 2,864   9,748
Qantas Airways Ltd. Airlines 5,936   22,494
QBE Insurance Group Ltd. Insurance 12,616   104,734
Qube Logistics Holdings Ltd. Transportation Infrastructure 11,760   25,088
Ramsay Health Care Ltd. Health Care Providers & Services 1,224   62,050
REA Group Ltd. Interactive Media & Services 488   32,889
Rio Tinto Ltd. Metals & Mining 3,544   258,051
Santos Ltd. Oil, Gas & Consumable Fuels 16,832   83,628
  Equity Real Estate Investment Trusts      
Scentre Group (REITs) 48,672   131,157
Seek Ltd. Professional Services 3,304   49,061
Seven Group Holdings Ltd. Trading Companies & Distributors 1,248   16,193
  Equity Real Estate Investment Trusts      
Shopping Centres Australasia Property Group (REITs) 8,832   14,813
Sonic Healthcare Ltd. Health Care Providers & Services 4,512   85,807
South32 Ltd. Metals & Mining 47,960   107,026
  Equity Real Estate Investment Trusts      
Stockland (REITs) 22,744   66,556
Suncorp-Metway Ltd. Insurance 12,360   116,834
Sydney Airport Transportation Infrastructure 10,544   59,490
Tabcorp Holdings Ltd. Hotels, Restaurants & Leisure 18,000   56,210
Telstra Corp. Ltd. Diversified Telecommunication Services 39,680   107,205
The Star Entertainment Group Ltd. Hotels, Restaurants & Leisure 7,880   22,783
TPG Telecom Ltd. Diversified Telecommunication Services 3,448   15,582
Transurban Group Transportation Infrastructure 25,496   263,725
Treasury Wine Estates Ltd. Beverages 6,864   71,867
  Equity Real Estate Investment Trusts      
Vicinity Centres (REITs) 29,824   51,276
a Vocus Group Ltd. Diversified Telecommunication Services 5,696   13,071
Washington H. Soul Pattinson & Co. Ltd. Oil, Gas & Consumable Fuels 872   13,456
Wesfarmers Ltd. Multiline Retail 10,784   273,647
Westpac Banking Corp. Banks 32,912   655,002
Whitehaven Coal Ltd. Oil, Gas & Consumable Fuels 6,440   16,540
Wisetech Global Ltd. Software 784   15,245
Woodside Petroleum Ltd. Oil, Gas & Consumable Fuels 8,936   228,008
Woolworths Group Ltd. Food & Staples Retailing 12,040   280,763
WorleyParsons Ltd. Energy Equipment & Services 3,048   31,464
        10,051,002
New Zealand 0.3%        
a Xero Ltd. Software 880   37,015
 
United Kingdom 1.7%        
Amcor PLC, IDR Containers & Packaging 15,424   175,237
 
United States 0.1%        
Sims Metal Management Ltd. Metals & Mining 1,576   12,011
 
Total Investments (Cost $10,106,732) 99.9%       10,275,265
 
Other Assets, less Liabilities 0.1%       5,346
Net Assets 100.0%     $ 10,280,611
 
aNon-income producing.        
 
Abbreviations        

 

 

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

Selected Portfolio

CDI - Clearing House Electronic Subregister System Depositary Interest
IDR - International Depositary Receipt
REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Brazil ETF Industry Shares   Value
Common Stocks 63.4%        
Brazil 62.2%        
Ambev SA Beverages 213,600 $ 997,040
Atacadao Distribuicao Comercio e Industria Ltd. Food & Staples Retailing 16,000   91,842
a B2W Cia Digital Internet & Direct Marketing Retail 8,000   68,297
B3 SA - Brasil Bolsa Balcao Capital Markets 96,800   946,115
Banco Bradesco SA Banks 50,880   444,062
Banco BTG Pactual SA Capital Markets 12,000   159,305
Banco do Brasil SA Banks 51,200   720,579
Banco Santander Brasil SA Banks 19,200   227,736
BB Seguridade Participacoes SA Insurance 32,800   277,110
BR Malls Paricipacoes SA Real Estate Management & Development 36,800   137,593
a BRF SA Food Products 27,200   209,501
CCR SA Transportation Infrastructure 55,200   196,739
Centrais Eletricas Brasileiras SA Electric Utilities 15,200   139,799
Cia Siderurgica Nacional SA Metals & Mining 29,600   129,053
Cielo SA IT Services 55,200   96,785
Companhia de Saneamento Basico do Estado de Sao Paulo Water Utilities 16,800   207,203
Companhia Energetica de Minas Gerais Electric Utilities 4,000   19,537
Companhia Paranaense de Energia-Copel Electric Utilities 800   9,783
Cosan SA Oil, Gas & Consumable Fuels 8,000   96,330
CVC Brasil Operadora e Agencia de Viagens SA Hotels, Restaurants & Leisure 5,600   72,764
EDP-Energias do Brasil SA Electric Utilities 14,400   71,011
Embraer SA Aerospace & Defense 36,000   182,318
Energisa SA Electric Utilities 9,600   115,421
  Independent Power and Renewable      
Engie Brasil SA Electricity Producers 8,200   93,005
Equatorial Energia SA Electric Utilities 8,400   201,198
Estacio Participacoes SA Diversified Consumer Services 12,000   90,799
Fleury SA Health Care Providers & Services 10,400   57,934
Grendene SA Textiles, Apparel & Luxury Goods 12,800   26,050
Guararapes Confeccoes SA Textiles, Apparel & Luxury Goods 3,008   12,699
b Hapvida Participacoes e Investimentos SA, Reg S Health Care Providers & Services 6,400   65,843
Hypera SA Pharmaceuticals 19,200   150,238
IRB Brasil Resseguros SA Insurance 9,600   246,722
Klabin SA Containers & Packaging 35,200   150,162
Kroton Educacional SA Diversified Consumer Services 72,800   208,372
Localiza Rent a Car SA Road & Rail 26,400   282,278
Lojas Americanas SA Multiline Retail 10,400   35,764
Lojas Renner SA Multiline Retail 38,720   476,442
M. Dias Branco SA Food Products 4,000   40,661
Magazine Luiza SA Multiline Retail 3,620   199,406
Multiplan Empreendimentos Imobiliarios SA Real Estate Management & Development 13,600   98,505
Natura Cosmeticos SA Personal Products 8,800   129,705
Notre Dame Intermedica Participacoes SA Health Care Providers & Services 18,400   193,571
Odontoprev SA Health Care Providers & Services 12,800   60,983
Petrobras Distribuidora SA Specialty Retail 16,800   109,585
Petroleo Brasileiro SA Oil, Gas & Consumable Fuels 144,800   1,134,175
Porto Seguro SA Insurance 4,800   64,724
Raia Drogasil SA Food & Staples Retailing 11,256   223,496
a Rumo SA Road & Rail 55,200   298,565
Sao Martinho SA Food Products 8,000   42,039
Sul America SA Insurance 11,200   109,643
Suzano SA Paper & Forest Products 28,852   247,293
Tim Participacoes SA Wireless Telecommunication Services 40,000   121,378
Transmissora Alianca de Energia Eletrica SA Electric Utilities 10,400   73,699
Ultrapar Participacoes SA Oil, Gas & Consumable Fuels 41,504   217,664
Vale SA Metals & Mining 168,000   2,271,473
a Via Varejo SA Specialty Retail 18,400   24,340

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
 
Weg SA Electrical Equipment 36,000   200,634
        13,574,968
United States 1.2%        
JBS SA Food Products 47,200   261,329
 
Total Common Stocks (Cost $12,350,481)       13,836,297
Preferred Stocks 36.2%        
Brazil 36.2%        
c Alpargatas SA, 0.421%, pfd. Textiles, Apparel & Luxury Goods 9,000   47,928
a Azul SA, pfd. Airlines 9,600   108,433
c Banco Bradesco SA, 2.560%, pfd. Banks 196,960   1,939,460
c Banco do Estado do Rio Grande do Sul SA, 9.023%, pfd., B Banks 9,600   59,489
c Bradespar SA, 3.772%, pfd. Metals & Mining 11,200   95,996
a,c Braskem SA, pfd., A Chemicals 9,600   87,743
c Centrais Eletricas Brasileiras SA, 3.936%, pfd., B Electric Utilities 11,200   105,201
c Companhia Brasileira de Distribuicao, 1.705%, pfd., A Food & Staples Retailing 7,764   191,798
c Cia de Transmissao de Energia Eletrica Paulista, 7.43%, pfd. Electric Utilities 9,600   61,969
c Companhia Energetica de Minas Gerais, 4.007%, pfd. Electric Utilities 45,600   176,682
c Companhia Paranaense de Energia, 2.988%, pfd., B Electric Utilities 4,800   60,866
c Gerdau SA, 2.039%, pfd. Metals & Mining 50,400   199,883
c Itau Unibanco Holding SA, 3.969%, pfd. Banks 231,200   2,187,341
c Itausa - Investimentos Itau SA, 3.173%, pfd. Banks 215,200   723,762
c Lojas Americanas SA, 0.455%, pfd. Multiline Retail 36,800   158,140
c Petroleo Brasileiro SA, 3.597%, pfd. Oil, Gas & Consumable Fuels 193,600   1,384,571
c Telefonica Brasil SA, 10.146%, pfd. Diversified Telecommunication Services 20,800   270,864
c Usinas Siderurgicas de Minas Gerais SA Usiminas, 1.655%, pfd., A Metals & Mining 19,200   44,786
 
Total Preferred Stocks (Cost $6,904,283)       7,904,912
Total Investments (Cost $19,254,764) 99.6%       21,741,209
 
Other Assets, less Liabilities 0.4%       83,955
Net Assets 100.0%     $ 21,825,164

 

aNon-income producing.
bSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. This security has been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June 30,
2019, the value of this security was $65,843, representing 0.3% of net assets.
cVariable rate security. The rate shown represents the yield at period end.

At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.

Futures Contracts              
 
 
              Value/Unrealized
    Number of   Notional Expiration   Appreciation
Description Type Contracts   Amount* Date   (Depreciation)
Equity Contracts              
MINI Bovespa Index Long 9 $ 47,702 8/14/19 $ 957
 
*As of period end.              

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Canada ETF Industry Shares   Value
Common Stocks 100.0%        
Canada 97.4%        
Agnico Eagle Mines Ltd. Metals & Mining 904 $ 46,447
Alimentation Couche-Tard Inc., B Food & Staples Retailing 1,652   104,183
Bank of Montreal Banks 2,476   187,431
Bank of Nova Scotia Banks 4,776   257,083
Barrick Gold Corp. Metals & Mining 6,720   106,296
BCE Inc. Diversified Telecommunication Services 1,160   52,889
Brookfield Asset Management Inc., A Capital Markets 3,280   157,254
Canadian Imperial Bank of Commerce Banks 1,720   135,547
Canadian National Railway Co. Road & Rail 2,808   260,440
Canadian Natural Resources Ltd. Oil, Gas & Consumable Fuels 4,556   123,109
Canadian Pacific Railway Ltd. Road & Rail 548   129,344
Canadian Tire Corp. Ltd., A Multiline Retail 224   24,458
Canadian Utilities Ltd., A Multi-Utilities 460   13,011
Cenovus Energy Inc. Oil, Gas & Consumable Fuels 3,952   34,931
a CGI Inc., A IT Services 952   73,348
Constellation Software Inc. Software 76   71,783
Dollarama Inc. Multiline Retail 1,204   42,448
Enbridge Inc. Oil, Gas & Consumable Fuels 7,672   277,701
Encana Corp. Oil, Gas & Consumable Fuels 5,748   29,559
Fairfax Financial Holdings Ltd. Insurance 104   51,155
Fortis Inc. Electric Utilities 1,644   65,055
Franco-Nevada Corp. Metals & Mining 708   60,221
George Weston Ltd. Food & Staples Retailing 276   20,988
Great-West Lifeco Inc. Insurance 1,012   23,349
Husky Energy Inc. Oil, Gas & Consumable Fuels 1,180   11,206
Hydro One Ltd. Electric Utilities 1,220   21,324
IGM Financial Inc. Capital Markets 328   9,385
Imperial Oil Ltd. Oil, Gas & Consumable Fuels 924   25,639
Intact Financial Corp. Insurance 536   49,640
Inter Pipeline Ltd. Oil, Gas & Consumable Fuels 1,568   24,442
Loblaw Cos. Ltd. Food & Staples Retailing 724   37,149
Magna International Inc. Auto Components 1,192   59,438
Manulife Financial Corp. Insurance 7,628   138,930
Metro Inc., A Food & Staples Retailing 928   34,897
National Bank of Canada Banks 1,300   61,889
Nutrien Ltd. Chemicals 2,264   121,365
Pembina Pipeline Corp. Oil, Gas & Consumable Fuels 1,944   72,523
Power Corp. of Canada Insurance 1,356   29,273
Power Financial Corp. Insurance 888   20,468
Restaurant Brands International Inc. Hotels, Restaurants & Leisure 920   64,117
  Equity Real Estate Investment Trusts      
RioCan REIT (REITs) 1,188   23,628
Rogers Communications Inc., B Wireless Telecommunication Services 1,392   74,673
Royal Bank of Canada Banks 5,600   445,986
Saputo Inc. Food Products 844   25,318
Shaw Communications Inc. Media 1,732   35,415
a Shopify Inc., A IT Services 384   115,657
SNC-Lavalin Group Inc., A Construction & Engineering 684   13,861
Sun Life Financial Inc. Insurance 2,300   95,450
Suncor Energy Inc. Oil, Gas & Consumable Fuels 6,092   190,441
TC Energy Corp. Oil, Gas & Consumable Fuels 3,556   176,664
Teck Resources Ltd., B Metals & Mining 1,956   45,235
TELUS Corp. Diversified Telecommunication Services 760   28,155
The Toronto-Dominion Bank Banks 7,148   418,569
Thomson Reuters Corp. Professional Services 760   49,133

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
Wheaton Precious Metals Corp. Metals & Mining 1,724   41,782
        4,909,682
United States 2.6%        
a Bausch Health Cos. Inc. Pharmaceuticals 1,340   33,881
IESI-BFC Ltd. Commercial Services & Supplies 1,016   97,265
        131,146
Total Investments (Cost $4,880,070) 100.0%       5,040,828
Other Assets, less Liabilities 0.0%†       1,660
Net Assets 100.0%     $ 5,042,488

 

  • Rounds to less than 0.1% of net assets.
  • Non-income producing.

Abbreviations

Selected Portfolio

REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE China ETF Industry Shares   Value
Common Stocks and Other Equity Interests 99.1%        
China 97.7%        
a 360 Security Technology Inc., A Software 1,800 $ 5,599
3SBio Inc. Biotechnology 31,500   54,109
a 51job Inc., ADR Professional Services 585   44,168
a 58.com Inc., ADR Interactive Media & Services 2,394   148,835
AECC Aviation Power Co. Ltd., A Aerospace & Defense 900   2,974
Agile Group Holdings Ltd. Real Estate Management & Development 36,000   48,200
Agricultural Bank of China Ltd., A Banks 43,200   22,628
Agricultural Bank of China Ltd., H Banks 774,000   323,965
Aier Eye Hospital Group Co. Ltd. Health Care Providers & Services 1,800   8,111
Air China Ltd., A Airlines 5,400   7,519
Air China Ltd., H Airlines 36,000   36,311
Aisino Co. Ltd., A Software 900   3,018
a Alibaba Group Holding Ltd., ADR Internet & Direct Marketing Retail 30,114   5,102,817
a Alibaba Health Information Technology Ltd. Health Care Technology 90,000   86,170
a Alpha Group Leisure Products 1,800   1,679
a Aluminum Corp. of China Ltd., H Metals & Mining 90,000   31,910
Angang Steel Co. Ltd. Metals & Mining 8,190   4,516
Angang Steel Co. Ltd., H Metals & Mining 36,000   16,404
Anhui Conch Cement Co. Ltd., A Construction Materials 1,800   10,869
Anhui Conch Cement Co. Ltd., H Construction Materials 31,500   197,366
Anhui Expressway Co. Ltd., H Transportation Infrastructure 18,000   11,082
Anhui Gujing Distillery Co. Ltd., B Beverages 2,700   23,397
Anta Sports Products Ltd. Textiles, Apparel & Luxury Goods 31,000   212,883
a Anxin Trust Co. Ltd. Capital Markets 2,700   1,984
a Autohome Inc., ADR Interactive Media & Services 1,377   117,899
AVIC Aircraft Co. Ltd. Aerospace & Defense 900   2,062
Avic Capital Co. Ltd., A Diversified Financial Services 4,500   3,549
AVIC Electromechanical Systems Co. Ltd. Aerospace & Defense 1,800   1,802
  Electronic Equipment, Instruments &      
AVIC Jonhon Optronic Technology Co. Ltd. Components 900   4,382
a AVIC Shenyang Aircraft Co. Ltd., A Aerospace & Defense 900   3,801
AviChina Industry & Technology Co. Ltd., H Aerospace & Defense 63,000   34,433
BAIC Motor Corp. Ltd., H Automobiles 54,000   33,869
a Baidu Inc., ADR Interactive Media & Services 6,921   812,249
Bank of Beijing Co. Ltd., A Banks 4,500   3,870
Bank of China Ltd., A Banks 21,600   11,754
Bank of China Ltd., H Banks 1,899,000   802,138
Bank of Communications Co. Ltd., A Banks 11,700   10,418
Bank of Communications Co. Ltd., H Banks 198,000   150,290
Bank of Jiangsu Co. Ltd., A Banks 1,800   1,901
Bank of Nanjing Co. Ltd., A Banks 2,700   3,245
Bank of Ningbo Co. Ltd., A Banks 1,800   6,348
Bank of Shanghai Co. Ltd., A Banks 2,700   4,655
Baoshan Iron & Steel Co. Ltd., A Metals & Mining 7,200   6,809
BBMG Corp., A Construction Materials 6,300   3,447
BBMG Corp., H Construction Materials 54,000   17,349
a BeiGene Ltd., ADR Biotechnology 819   101,515
Beijing Capital International Airport Co. Ltd. Transportation Infrastructure 44,000   38,579
Beijing Dabeinong Technology Group Co. Ltd. Food Products 1,800   1,385
Beijing Enlight Media Co. Ltd. Entertainment 1,800   1,781
Beijing Enterprises Holdings Ltd. Gas Utilities 13,500   68,602
a Beijing Enterprises Water Group Ltd. Water Utilities 144,000   85,524
  Independent Power and Renewable      
Beijing Jingneng Clean Energy Co. Ltd., H Electricity Producers 36,000   6,221
Beijing North Star Co. Ltd., A Real Estate Management & Development 2,700   1,473
Beijing North Star Co. Ltd., H Real Estate Management & Development 18,000   6,774
Beijing Originwater Technology Co. Ltd. Commercial Services & Supplies 1,800   2,040
Beijing Sanju Environmental Protection and New Material Co. Ltd. Chemicals 1,800   2,077
Beijing Shiji Information Technology Co. Ltd. Software 900   4,739

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Beijing Tiantan Biological Products Corp. Ltd., A Biotechnology 900 3,306
Beijing Tongrentang Co. Ltd., A Pharmaceuticals 900 3,797
Beijing Yanjing Brewery Co. Ltd. Beverages 1,800 1,739
Bengang Steel Plates Co. Ltd., B Metals & Mining 10,800 3,014
BesTV New Media Co. Ltd., A Media 1,800 2,760
  Electronic Equipment, Instruments &    
BOE Technology Group Co. Ltd. Components 18,900 6,483
  Electronic Equipment, Instruments &    
BOE Technology Group Co. Ltd. Components 16,200 8,108
Brilliance China Automotive Holdings Ltd. Automobiles 72,000 79,626
BYD Co. Ltd. Automobiles 900 6,642
BYD Co. Ltd., H Automobiles 18,000 108,634
BYD Electronic International Co. Ltd. Communications Equipment 18,000 25,713
a CAR Inc. Road & Rail 18,000 14,239
Central China Securities Co. Ltd., H Capital Markets 27,000 6,290
  Independent Power and Renewable    
CGN Power Co. Ltd., H Electricity Producers 279,000 76,781
Changjiang Securities Co. Ltd. Capital Markets 2,700 3,068
  Electronic Equipment, Instruments &    
a Chaozhou Three-Circle Group Co. Ltd. Components 900 2,547
China Agri-Industries Holdings Ltd. Food Products 54,000 17,349
China Bluechemical Ltd. Chemicals 36,000 9,815
a China Calxon Group Co. Ltd. Real Estate Management & Development 1,800 1,729
China Cinda Asset Management Co. Ltd., H Capital Markets 216,000 49,766
China CITIC Bank Corp. Ltd., A Banks 3,600 3,127
China CITIC Bank Corp. Ltd., H Banks 234,000 133,286
China Coal Energy Co. Ltd., A Oil, Gas & Consumable Fuels 1,800 1,257
a China Coal Energy Co. Ltd., H Oil, Gas & Consumable Fuels 54,000 22,464
China Communications Construction Co. Ltd., A Construction & Engineering 3,600 5,929
China Communications Construction Co. Ltd., H Construction & Engineering 108,000 96,630
China Communications Services Corp. Ltd. Construction & Engineering 54,000 41,887
China Conch Venture Holdings Ltd. Machinery 40,500 143,078
China Construction Bank Corp., A Banks 2,700 2,923
China Construction Bank Corp., H Banks 2,340,000 2,015,770
a China COSCO Holdings Co. Ltd., A Marine 3,600 2,629
China Dongxiang Group Co. Ltd. Textiles, Apparel & Luxury Goods 81,000 9,953
China Eastern Airlines Corp. Ltd., A Airlines 6,300 5,747
a China Eastern Airlines Corp. Ltd., H Airlines 36,000 21,243
China Everbright Bank Co. Ltd., A Banks 10,800 5,987
China Everbright Bank Co. Ltd., H Banks 81,000 37,117
China Everbright International Ltd. Commercial Services & Supplies 90,000 83,059
China Everbright Ltd. Capital Markets 18,000 26,588
China Evergrande Group Real Estate Management & Development 54,000 151,373
China Foods Ltd. Food Products 18,000 7,465
a China Fortune Land Development Co. Ltd., A Real Estate Management & Development 900 4,265
China Galaxy Securities Co. Ltd., H Capital Markets 94,500 56,004
a China Gezhouba Group Co. Ltd., A Construction & Engineering 2,700 2,447
a China Grand Automotive Services Group Co. Ltd., A Specialty Retail 3,600 2,336
  Technology Hardware, Storage &    
China Greatwall Technology Group Co. Ltd. Peripherals 900 1,346
China Hongqiao Group Ltd. Metals & Mining 63,000 44,433
China Huarong Asset Management Co. Ltd., H Capital Markets 261,000 45,435
China International Capital Corp. Ltd., H Capital Markets 25,200 50,835
China International Marine Containers (Group) Co. Ltd., H Machinery 12,600 12,677
b China International Marine Containers (Group) Co. Ltd., rts., 2/20/49 Machinery 113 —
China International Travel Service Corp. Ltd., A Hotels, Restaurants & Leisure 900 11,608
China Jinmao Holdings Group Ltd. Real Estate Management & Development 144,000 87,552
China Jushi Co. Ltd., A Construction Materials 2,700 3,744
China Life Insurance Co. Ltd., A Insurance 2,700 11,125
China Life Insurance Co. Ltd., H Insurance 189,000 465,454
a China Literature Ltd. Media 5,400 25,436
China Lodging Group Ltd., ADR Hotels, Restaurants & Leisure 2,565 92,981
  Independent Power and Renewable    
China Longyuan Power Group Corp. Electricity Producers 81,000 51,944

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
China Machinery Engineering Corp., H Construction & Engineering 18,000 8,110
China Medical System Holdings Ltd. Pharmaceuticals 27,000 24,745
China Merchants Bank Co. Ltd., A Banks 8,100 42,403
China Merchants Bank Co. Ltd., H Banks 94,500 471,139
China Merchants Port Holdings Co. Ltd. Transportation Infrastructure 36,000 61,194
China Merchants Securities Co. Ltd. Capital Markets 23,400 28,844
China Merchants Securities Co. Ltd., A Capital Markets 1,800 4,476
a China Merchants Shekou Industrial Zone Holdings Co. Ltd., A Real Estate Management & Development 3,600 10,947
China Minsheng Banking Corp. Ltd., A Banks 9,900 9,147
China Minsheng Banking Corp. Ltd., H Banks 162,000 112,182
China Mobile Ltd. Wireless Telecommunication Services 132,500 1,206,704
China Molybdenum Co. Ltd., A Metals & Mining 3,600 2,074
China Molybdenum Co. Ltd., H Metals & Mining 108,000 34,145
China National Building Material Co. Ltd., H Construction Materials 90,000 78,912
China National Chemical Engineering Co. Ltd., A Construction & Engineering 2,700 2,365
China Northern Rare Earth Group High-Tech Co. Ltd., A Metals & Mining 900 1,681
China Oilfield Services Ltd., H Energy Equipment & Services 54,000 53,430
China Orient Securities Co. Ltd., A Capital Markets 2,700 4,196
China Overseas Land & Investment Ltd. Real Estate Management & Development 96,000 353,894
China Pacific Insurance Group Co. Ltd., A Insurance 2,700 14,343
China Pacific Insurance Group Co. Ltd., H Insurance 64,800 253,394
China Petroleum & Chemical Corp., A Oil, Gas & Consumable Fuels 10,800 8,595
China Petroleum & Chemical Corp., H Oil, Gas & Consumable Fuels 630,000 428,198
  Independent Power and Renewable    
China Power International Development Ltd. Electricity Producers 108,000 26,404
China Railway Construction Corp. Ltd., A Construction & Engineering 6,300 9,120
China Railway Construction Corp. Ltd., H Construction & Engineering 45,000 55,181
China Railway Group Ltd., H Construction & Engineering 99,000 75,272
  Electronic Equipment, Instruments &    
c China Railway Signal & Communication Corp. Ltd., H, Reg S Components 36,000 26,173
China Reinsurance Group Corp., H Insurance 171,000 30,424
China Resources Beer Holdings Co. Ltd. Beverages 39,600 188,052
China Resources Cement Holdings Ltd. Construction Materials 54,000 52,324
China Resources Gas Group Ltd. Gas Utilities 21,600 107,136
China Resources Land Ltd. Real Estate Management & Development 67,500 297,216
China Resources Pharmaceutical Group Ltd. Pharmaceuticals 40,500 45,671
  Independent Power and Renewable    
China Resources Power Holdings Co. Ltd. Electricity Producers 54,000 78,797
China Shenhua Energy Co. Ltd., A Oil, Gas & Consumable Fuels 1,800 5,337
China Shenhua Energy Co. Ltd., H Oil, Gas & Consumable Fuels 85,500 179,044
China Shipbuilding Industry Co. Ltd., A Machinery 9,000 7,281
China Shipbuilding Industry Group Power Co. Ltd., A Auto Components 900 3,093
a China Shipping Container Lines Co. Ltd., A Marine 5,400 2,137
China Shipping Development Co. Ltd., A Marine 1,800 1,700
China South City Holdings Ltd. Real Estate Management & Development 54,000 7,949
China Southern Airlines Co. Ltd., A Airlines 5,400 6,065
China Southern Airlines Co. Ltd., H Airlines 36,000 25,068
China Spacesat Co. Ltd., A Aerospace & Defense 900 2,953
China State Construction Engineering Corp. Ltd., A Construction & Engineering 15,300 12,800
China State Construction International Holdings Ltd. Construction & Engineering 36,000 36,956
China Taiping Insurance Holdings Co. Ltd. Insurance 36,000 96,307
China Telecom Corp. Ltd., H Diversified Telecommunication Services 342,000 172,040
c,d China Tower Corp. Ltd., H, 144A, Reg S Diversified Telecommunication Services 1,170,000 307,008
China Traditional Chinese Medicine Co. Ltd. Pharmaceuticals 54,000 26,266
China TransInfo Technology Co. Ltd. IT Services 900 2,239
China Unicom (Hong Kong) Ltd. Diversified Telecommunication Services 144,000 157,962
China United Network Communications Ltd., A Wireless Telecommunication Services 10,800 9,680
China Vanke Co. Ltd., A Real Estate Management & Development 3,600 14,567
China Vanke Co. Ltd., H Real Estate Management & Development 39,600 148,516
  Independent Power and Renewable    
a China Yangtze Power Co. Ltd., A Electricity Producers 4,500 11,720
China Zhongwang Holdings Ltd. Metals & Mining 36,000 18,156
Chongqing Changan Automobile Co. Ltd. Automobiles 1,800 1,736
Chongqing Changan Automobile Co. Ltd., B Automobiles 18,000 7,027

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Chongqing Rural Commercial Bank Co. Ltd., H Banks 63,000 34,272
Chongqing Zhifei Biological Products Co. Ltd. Biotechnology 900 5,644
CIFI Holdings Group Co. Ltd. Real Estate Management & Development 90,000 59,328
CIMC Enric Holdings Ltd. Machinery 18,000 14,515
Cinda Real Estate Co. Ltd., A Real Estate Management & Development 4,500 2,698
CITIC Guoan Information Industry Co. Ltd. Media 1,800 1,053
Citic Pacific Ltd. Industrial Conglomerates 126,000 181,601
CITIC Securities Co. Ltd., A Capital Markets 3,600 12,471
CITIC Securities Co. Ltd., H Capital Markets 58,500 121,905
CNOOC Ltd. Oil, Gas & Consumable Fuels 396,000 677,192
a COSCO SHIPPING Development Co. Ltd., H Marine 90,000 11,290
COSCO Shipping Energy Transportation Co. Ltd., H Marine 36,000 21,289
a COSCO Shipping Holdings Co. Ltd. Marine 63,000 24,595
COSCO Shipping Ports Ltd. Transportation Infrastructure 36,000 35,528
Country Garden Holdings Co. Ltd. Real Estate Management & Development 180,000 273,715
Country Garden Services Holdings Co. Ltd. Commercial Services & Supplies 27,000 62,415
CRRC Corp. Ltd., A Machinery 9,900 11,653
CRRC Corp. Ltd., H Machinery 99,000 82,748
CSC Financial Co. Ltd., A Capital Markets 900 2,760
CSC Financial Co. Ltd., H Capital Markets 22,500 16,733
CSG Holding Co. Ltd. Construction Materials 29,700 9,010
CSPC Pharmaceutical Group Ltd. Pharmaceuticals 108,000 174,182
a Ctrip.com International Ltd., ADR Internet & Direct Marketing Retail 9,531 351,789
Dali Foods Group Co. Ltd. Food Products 49,500 32,884
Daqin Railway Co. Ltd., A Road & Rail 3,600 4,237
  Independent Power and Renewable    
Datang International Power Generation Co. Ltd., A Electricity Producers 2,700 1,214
  Independent Power and Renewable    
Datang International Power Generation Co. Ltd., H Electricity Producers 72,000 18,063
a Dazhong Transportation (Group) Co. Ltd., B Road & Rail 20,700 10,557
DHC Software Co. Ltd. IT Services 1,800 1,831
a Dongfang Electric Corp. Ltd., A Electrical Equipment 900 1,391
a Dongfang Electric Corp. Ltd., H Electrical Equipment 9,000 5,875
Dongfeng Motor Group Co. Ltd., H Automobiles 72,000 58,982
Dongxing Securities Co. Ltd., A Capital Markets 900 1,556
East Money Information Co. Ltd. Capital Markets 3,600 7,097
ENN Energy Holdings Ltd. Gas Utilities 18,900 183,859
Everbright Securities Co. Ltd., A Capital Markets 1,800 2,991
Everbright Securities Co. Ltd., H Capital Markets 5,400 4,182
a Fangda Carbon New Material Co. Ltd. Electrical Equipment 2,682 4,796
Far East Horizon Ltd. Diversified Financial Services 54,000 55,227
Fiberhome Telecommunication Technologies Co. Ltd., A Communications Equipment 900 3,648
Financial Street Holdings Co. Ltd. Real Estate Management & Development 1,800 2,053
  Technology Hardware, Storage &    
Focus Media Information Technology Co. Ltd. Peripherals 6,300 4,849
Fosun International Ltd. Industrial Conglomerates 58,500 77,725
Founder Securities Co. Ltd., A Capital Markets 2,700 2,793
  Electronic Equipment, Instruments &    
Foxconn Industrial Internet Co. Ltd., A Components 2,700 4,734
Fujian Sunner Development Co. Ltd. Food Products 900 3,316
Future Land Development Holdings Ltd. Real Estate Management & Development 36,000 47,370
Fuyao Glass Industry Group Co. Ltd., A Auto Components 900 2,976
Fuyao Group Glass Industries Co. Ltd., H Auto Components 14,400 44,698
  Semiconductors & Semiconductor    
a GCL System Integration Technology Co. Ltd. Equipment 1,800 1,749
  Semiconductors & Semiconductor    
a GCL-Poly Energy Holdings Ltd. Equipment 315,000 17,338
a GDS Holdings Ltd., ADR IT Services 1,080 40,576
Geely Automobile Holdings Ltd. Automobiles 126,000 215,470
Gemdale Corp., A Real Estate Management & Development 1,800 3,124
Genimous Technology Co. Ltd. Software 900 1,181
a Genscript Biotech Corp. Life Sciences Tools & Services 20,000 50,227
GF Securities Co. Ltd. Capital Markets 2,700 5,398
GF Securities Co. Ltd., H Capital Markets 39,600 47,089

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Glodon Co. Ltd. Software 900 4,307
  Electronic Equipment, Instruments &    
GoerTek Inc. Components 1,800 2,328
a GOME Retail Holdings Ltd. Specialty Retail 279,000 29,998
Great Wall Motor Co. Ltd., A Automobiles 900 1,083
Great Wall Motor Co. Ltd., H Automobiles 76,500 54,737
Gree Electric Appliances Inc. of Zhuhai, A Household Durables 2,700 21,606
Greenland Holdings Group Co. Ltd., A Real Estate Management & Development 3,600 3,577
Greentown China Holdings Ltd. Real Estate Management & Development 18,000 12,810
  Independent Power and Renewable    
a Guangdong Electric Power Development Co. Ltd., B Electricity Producers 12,600 4,113
Guangdong Haid Group Co. Ltd. Food Products 900 4,046
Guangdong HEC Technology Holding Co. Ltd., A Metals & Mining 900 1,028
Guangdong Investment Ltd. Water Utilities 72,000 142,479
a Guangdong LY Intelligent Manufacturing Co. Ltd. Electrical Equipment 3,600 3,106
Guanghui Energy Co. Ltd., A Oil, Gas & Consumable Fuels 2,700 1,399
Guangshen Railway Co. Ltd., A Road & Rail 2,700 1,269
Guangshen Railway Co. Ltd., H Road & Rail 36,000 12,303
Guangzhou Automobile Group Co. Ltd., A Automobiles 1,800 2,863
Guangzhou Automobile Group Co. Ltd., H Automobiles 72,000 76,861
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. Pharmaceuticals 6,300 28,426
Guangzhou R&F Properties Co. Ltd., H Real Estate Management & Development 25,200 48,449
Guosen Securities Co. Ltd. Capital Markets 1,800 3,447
a Guotai Junan Securities Co. Ltd. Capital Markets 19,800 35,279
a Guotai Junan Securities Co. Ltd., A Capital Markets 2,700 7,209
Guoyuan Securities Co. Ltd. Capital Markets 1,800 2,402
c,d Haidilao International Holding Ltd., 144A, Reg S Hotels, Restaurants & Leisure 9,000 37,613
a Haier Electronics Group Co. Ltd. Household Durables 27,000 74,650
a Haier Smart Home Co. Ltd., A Household Durables 2,700 6,792
Haitian International Holdings Ltd. Machinery 18,000 37,371
Haitong Securities Co. Ltd., A Capital Markets 2,700 5,574
Haitong Securities Co. Ltd., H Capital Markets 86,400 96,879
a Hang Zhou Great Star Industrial Co. Ltd. Household Durables 900 1,307
Hangzhou Binjiang Real Estate Group Co. Ltd. Real Estate Management & Development 2,700 1,630
  Electronic Equipment, Instruments &    
Hangzhou Hikvision Digital Technology Co. Ltd., A Components 3,600 14,446
Hangzhou Robam Appliances Co. Ltd., A Household Durables 900 3,554
Health & Happiness H&H International Holdings Ltd. Food Products 4,500 25,546
Heilan Home Co. Ltd., A-SHSC Textiles, Apparel & Luxury Goods 900 1,188
Heilongjiang Agriculture Co. Ltd., A Food Products 900 1,405
Henan Shuanghui Investment & Development Co. Ltd. Food Products 900 3,259
Hengan International Group Co. Ltd. Personal Products 18,000 132,365
Hengli Petrochemical Co. Ltd., A Chemicals 2,520 4,459
a HengTen Networks Group Ltd. Internet & Direct Marketing Retail 468,000 11,142
a Hesteel Co. Ltd. Metals & Mining 4,500 1,958
Hisense Electric Co. Ltd., A Household Durables 900 1,129
  Electronic Equipment, Instruments &    
Holitech Technology Co. Ltd. Components 1,800 1,448
Hopson Development Holdings Ltd. Real Estate Management & Development 18,000 19,469
Huaan Securities Co. Ltd., A Capital Markets 2,700 2,569
  Independent Power and Renewable    
Huadian Fuxin Energy Corp. Ltd., H Electricity Producers 54,000 9,884
  Independent Power and Renewable    
Huadian Power International Corp. Ltd., A Electricity Producers 3,600 1,975
  Independent Power and Renewable    
Huadian Power International Corp. Ltd., H Electricity Producers 36,000 14,239
Huafa Industrial Co. Ltd. Zhuhai, A Real Estate Management & Development 900 1,023
  Electronic Equipment, Instruments &    
Huagong Tech Co. Ltd. Components 900 2,072
Hualan Biological Engineering Inc. Biotechnology 900 3,993
  Independent Power and Renewable    
Huaneng Power International Inc., A Electricity Producers 2,700 2,447
  Independent Power and Renewable    
Huaneng Power International Inc., H Electricity Producers 108,000 63,590

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
  Independent Power and Renewable    
a Huaneng Renewables Corp. Ltd., H Electricity Producers 126,000 34,675
Huatai Securities Co. Ltd., A Capital Markets 1,800 5,845
Huatai Securities Co. Ltd., H Capital Markets 43,200 74,318
Huaxia Bank Co. Ltd., A Banks 4,500 5,041
Huaxin Cement Co. Ltd., A Construction Materials 900 2,652
Huaxin Cement Co. Ltd., B Construction Materials 8,120 18,822
a Huayi Brothers Media Corp. Entertainment 1,800 1,286
Huayu Automotive Systems Co. Ltd. Auto Components 900 2,828
Hubei Biocause Pharmaceutical Co. Ltd. Insurance 2,700 2,550
  Independent Power and Renewable    
Hubei Energy Group Co. Ltd. Electricity Producers 1,800 1,137
a Iflytek Co. Ltd. Software 1,800 8,705
Industrial and Commercial Bank of China Ltd. Banks 24,300 20,825
Industrial and Commercial Bank of China Ltd., H Banks 1,953,000 1,424,909
Industrial Bank Co. Ltd., A Banks 7,200 19,160
Industrial Securities Co. Ltd., A Capital Markets 2,700 2,648
Inner Mongolia BaoTou Steel Union Co. Ltd., A Metals & Mining 16,200 3,983
  Independent Power and Renewable    
Inner Mongolia MengDian HuaNeng Thermal Power Co. Ltd., A Electricity Producers 2,700 1,234
Inner Mongolia Yili Industrial Group Co. Ltd., A Food Products 1,800 8,750
Inner Mongolia Yitai Coal Co. Ltd., B Oil, Gas & Consumable Fuels 25,200 27,317
a,c,d Innovent Biologics Inc., 144A, Reg S Biotechnology 27,000 91,066
  Technology Hardware, Storage &    
Inspur Electronic Information Industry Co. Ltd. Peripherals 900 3,124
a Iqiyi Inc., ADR Entertainment 3,240 66,906
a JD.com Inc., ADR Internet & Direct Marketing Retail 19,935 603,831
  Semiconductors & Semiconductor    
a Jiangsu Changjiang Electronics Technology Co. Ltd., A Equipment 900 1,683
Jiangsu Eastern Shenghong Co. Ltd. Chemicals 1,800 1,438
Jiangsu Expressway Co. Ltd., H Transportation Infrastructure 36,000 51,241
Jiangsu Hengrui Medicine Co. Ltd., A Pharmaceuticals 1,800 17,285
Jiangsu Yanghe Brewery JST Co. Ltd., A Beverages 900 15,918
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd. Health Care Equipment & Supplies 900 3,224
Jiangsu Zhongnan Construction Group Co. Ltd. Real Estate Management & Development 1,800 2,268
Jiangsu Zhongtian Technology Co. Ltd., A Electrical Equipment 2,700 3,602
Jiangxi Bank Co. Ltd., H Banks 22,500 14,371
Jiangxi Copper Co. Ltd., H Metals & Mining 27,000 35,942
Jiayuan International Group Ltd. Real Estate Management & Development 36,000 15,852
Jinduicheng Molybdenum Co. Ltd., A Metals & Mining 1,800 1,755
Jinke Properties Group Co. Ltd. Real Estate Management & Development 1,800 1,579
  Electronic Equipment, Instruments &    
Kingboard Holdings Ltd. Components 18,000 50,112
a Kingsoft Corp. Ltd. Software 21,000 45,427
a Kuang-Chi Technologies Co. Ltd. Auto Components 900 1,217
Kunlun Energy Co. Ltd. Oil, Gas & Consumable Fuels 72,000 62,761
Kweichow Moutai Co. Ltd., A Beverages 400 57,268
KWG Group Holdings Ltd. Real Estate Management & Development 31,500 31,974
Lao Feng Xiang Co., Ltd., B Textiles, Apparel & Luxury Goods 5,400 18,922
  Technology Hardware, Storage &    
Legend Holdings Corp., H Peripherals 11,700 27,526
  Technology Hardware, Storage &    
b Legend Holdings Corp., rts., 2/20/49 Peripherals 830 —
a Leo Group Co. Ltd. Media 3,600 1,000
Lepu Medical Technology Beijing Co. Ltd. Health Care Equipment & Supplies 1,800 6,029
  Electronic Equipment, Instruments &    
Leyard Optoelectronic Co. Ltd. Components 900 1,025
Li Ning Co. Ltd. Textiles, Apparel & Luxury Goods 40,500 95,489
Livzon Pharmaceutical Group Inc., H Pharmaceuticals 2,700 8,986
Logan Property Holdings Co. Ltd. Real Estate Management & Development 22,000 35,594
Longfor Group Holdings Ltd. Real Estate Management & Development 40,500 152,669
  Semiconductors & Semiconductor    
LONGi Green Energy Technology Co. Ltd., A Equipment 1,800 6,052

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
  Electronic Equipment, Instruments &    
Luxshare Precision Industry Co. Ltd. Components 1,800 6,492
Luye Pharma Group Ltd. Pharmaceuticals 40,500 29,341
Luzhou Laojiao Co. Ltd. Beverages 900 10,584
Maanshan Iron & Steel Co. Ltd., A Metals & Mining 8,100 4,019
Maanshan Iron & Steel Co. Ltd., H Metals & Mining 36,000 14,285
a Mango Excellent Media Co. Ltd. Entertainment 900 5,375
a Meinian Onehealth Healthcare Holdings Co. Ltd. Health Care Providers & Services 1,800 3,258
  Technology Hardware, Storage &    
a,c Meitu Inc., Reg S Peripherals 45,000 14,515
a,c Meituan Dianping, B, Reg S Internet & Direct Marketing Retail 84,600 741,773
Metallurgical Corp. Of China Ltd. Construction & Engineering 72,000 19,261
Metallurgical Corp. of China Ltd., A Construction & Engineering 5,400 2,388
Momo Inc., ADR Interactive Media & Services 2,439 87,316
Muyuan Foodstuff Co. Ltd. Food Products 900 7,698
NanJi E-Commerce Co. Ltd. Textiles, Apparel & Luxury Goods 900 1,472
Nari Technology Development Co. Ltd., A Electrical Equipment 1,800 4,882
NavInfo Co. Ltd. Household Durables 1,800 4,217
NetEase Inc., ADR Entertainment 1,782 455,782
New China Life Insurance Co. Ltd., A Insurance 900 7,206
New China Life Insurance Co. Ltd., H Insurance 21,600 105,062
New Hope Liuhe Co. Ltd. Food Products 900 2,275
a New Oriental Education & Technology Group Inc., ADR Diversified Consumer Services 3,420 330,304
Newland Digital Technology Co. Ltd. Software 900 2,212
Nine Dragons Paper Holdings Ltd. Paper & Forest Products 36,000 31,933
a Ningbo Joyson Electronic Corp Auto Components 900 2,797
a NIO Inc., ADR Automobiles 4,149 10,580
Oceanwide Holdings Co. Ltd. Real Estate Management & Development 1,800 1,461
Offshore Oil Engineering Co. Ltd., A Energy Equipment & Services 1,800 1,467
  Electronic Equipment, Instruments &    
OFILM Group Co. Ltd. Components 900 1,027
Orient Securities Co. Ltd. of China, H Capital Markets 18,000 11,750
People's Insurance Co. Group of China Ltd., H Insurance 207,000 80,813
PetroChina Co. Ltd., H Oil, Gas & Consumable Fuels 522,000 287,977
PICC Property and Casualty Co. Ltd., H Insurance 162,000 174,804
a Pinduoduo Inc., ADR Internet & Direct Marketing Retail 2,682 55,330
Ping An Bank Co. Ltd., A Banks 7,200 14,436
a,c Ping An Healthcare and Technology Co. Ltd., Reg S Health Care Technology 3,600 14,999
Ping An Insurance (Group) Co. of China Ltd., H Insurance 137,000 1,644,877
Ping An Insurance Group Co. of China Ltd., A Insurance 3,600 46,413
Poly Developments and Holdings Group Co. Ltd., A Real Estate Management & Development 4,500 8,354
Poly Property Group Co. Ltd. Real Estate Management & Development 45,000 16,474
Postal Savings Bank of China Co. Ltd., H Banks 234,000 138,977
a Power Construction Corp of China Ltd. Construction & Engineering 5,400 4,156
c Qingdao Port International Co. Ltd., H, Reg S Transportation Infrastructure 27,000 19,665
Red Star Macalline Group Corp. Ltd. Real Estate Management & Development 12,600 11,032
Red Star Macalline Group Corp. Ltd., A Real Estate Management & Development 900 1,591
RiseSun Real Estate Development Co. Ltd. Real Estate Management & Development 1,800 2,459
Rongsheng Petro Chemical Co. Ltd. Chemicals 1,800 3,158
SAIC Motor Corp Ltd Automobiles 2,700 10,017
  Semiconductors & Semiconductor    
a Sanan Optoelectronics Co. Ltd., A Equipment 1,800 2,954
Sany Heavy Industry Co. Ltd., A Machinery 3,600 6,851
SDIC Capital Co. Ltd., A Capital Markets 900 1,835
  Independent Power and Renewable    
SDIC Power Holdings Co. Ltd., A Electricity Producers 1,800 2,035
Sealand Securities Co. Ltd. Capital Markets 1,800 1,317
Seazen Holdings Co. Ltd., A Real Estate Management & Development 1,800 10,426
SF Holding Co. Ltd. Air Freight & Logistics 900 4,447
Shaanxi Coal Industry Co. Ltd. Oil, Gas & Consumable Fuels 2,700 3,630
Shaanxi International Trust Co. Ltd. Capital Markets 1,800 1,163
Shandong Chenming Paper Holdings Ltd., B Paper & Forest Products 18,900 8,830
Shandong Chenming Paper Holdings Ltd., H Paper & Forest Products 13,500 5,927
Shandong Gold Mining Co. Ltd., A Metals & Mining 900 5,391

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Shandong Hualu Hengsheng Chemical Co. Ltd., A Chemicals 1,800 3,892
Shandong Weigao Group Medical Polymer Co. Ltd., H Health Care Equipment & Supplies 56,000 50,749
a Shandong XInc.hao Energy Corp. Ltd., A Oil, Gas & Consumable Fuels 3,600 1,089
Shanghai 2345 Network Holding Group Co. Ltd. Software 3,600 2,038
Shanghai Bailian Group Co. Ltd., B Food & Staples Retailing 4,500 4,505
Shanghai Baosight Software Co. Ltd., B Software 7,020 12,783
a Shanghai Chlor-Alkali Chemical Co. Ltd., B Chemicals 10,800 7,150
Shanghai Dazhong Public Utilities Group Co. Ltd., A Gas Utilities 1,800 1,681
Shanghai Electric Group Co. Ltd., A Electrical Equipment 2,700 2,113
Shanghai Electric Group Co. Ltd., H Electrical Equipment 72,000 26,081
Shanghai Fosun Pharmaceutical Group Co. Ltd., A Pharmaceuticals 1,800 6,626
Shanghai Fosun Pharmaceutical Group Co. Ltd., H Pharmaceuticals 13,500 40,867
Shanghai Haixin Group Co., B Pharmaceuticals 10,800 4,720
Shanghai Huayi Group Co. Ltd., B Chemicals 6,300 4,996
Shanghai Industrial Holdings Ltd. Industrial Conglomerates 9,000 19,515
Shanghai International Airport Co. Ltd., A Transportation Infrastructure 900 10,971
Shanghai International Port Group Co. Ltd., A Transportation Infrastructure 3,600 3,572
Shanghai Jinjiang International Hotels Development Co. Ltd. Hotels, Restaurants & Leisure 4,500 9,000
Shanghai Jinjiang International Industrial Investment Co. Ltd. Road & Rail 4,500 4,676
Shanghai Jinqiao Export Processing Zone Development, B Real Estate Management & Development 6,300 7,686
Shanghai Lujiazui Finance & Trade Zone Develop Co. Ltd., B Real Estate Management & Development 27,000 32,670
Shanghai Mechanical and Electrical Industry Co. Ltd., B Machinery 5,400 9,202
Shanghai Pharmaceuticals Holding Co. Ltd., A Health Care Providers & Services 1,800 4,753
Shanghai Pharmaceuticals Holding Co. Ltd., H Health Care Providers & Services 21,600 42,467
Shanghai Pudong Development Bank Co. Ltd., A Banks 9,900 16,824
Shanghai Shibei Hi-Tech Co. Ltd., B Real Estate Management & Development 12,600 5,909
Shanghai Shimao Co. Ltd., A Real Estate Management & Development 2,700 1,811
Shanghai Tunnel Engineering Co. Ltd., A Construction & Engineering 2,700 2,479
Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd. Trading Companies & Distributors 5,400 8,035
a Shanghai Yuyuan Tourist Mart Co. Ltd., A Specialty Retail 1,800 2,145
Shanghai Zhenhua Port Machinery Co. Ltd., B Machinery 24,340 8,933
Shanxi Lu'an Environmental Energy Development Co. Ltd., A Oil, Gas & Consumable Fuels 900 1,040
a Shanxi Securities Co. Ltd. Capital Markets 1,800 2,121
Shanxi Xishan Coal & Electricity Power Co. Ltd. Oil, Gas & Consumable Fuels 1,800 1,587
a Shanying International Holding Co. Ltd., A Paper & Forest Products 4,500 2,206
  Independent Power and Renewable    
Shenergy Co. Ltd., A Electricity Producers 1,800 1,574
  Electronic Equipment, Instruments &    
Shengyi Technology Co. Ltd., A Components 900 1,971
Shenwan Hongyuan Group Co. Ltd. Capital Markets 9,000 6,560
Shenzhen Accord Pharmaceutical Co. Ltd., B Health Care Providers & Services 1,800 6,334
Shenzhen Agricultural Products Group Co. Ltd. Food & Staples Retailing 1,800 1,419
  Independent Power and Renewable    
Shenzhen Energy Group Co. Ltd. Electricity Producers 1,800 1,624
Shenzhen Expressway Co. Ltd., H Transportation Infrastructure 18,000 21,635
Shenzhen International Holdings Ltd. Transportation Infrastructure 22,500 44,640
Shenzhen Investment Ltd. Real Estate Management & Development 90,000 33,178
a Shenzhen Kingdom Sci-Tech Co. Ltd., A Software 900 2,572
a Shenzhen MTC Co. Ltd. Household Durables 4,500 1,794
Shenzhen Overseas Chinese Town Co. Ltd. Hotels, Restaurants & Leisure 3,600 3,640
Shenzhen Sunway Communication Co. Ltd. Communications Equipment 900 3,202
Shenzhen World Union Properties Consultancy Inc. Real Estate Management & Development 2,700 1,772
Shenzhou International Group Holdings Ltd. Textiles, Apparel & Luxury Goods 18,000 247,450
a Shijiazhuang Changshan BeiMing Technology Co. Ltd. Textiles, Apparel & Luxury Goods 1,800 1,419
Shimao Property Holdings Ltd. Real Estate Management & Development 31,500 95,962
a Siasun Robot & Automation Co. Ltd. Machinery 900 1,994
  Independent Power and Renewable    
Sichuan Chuantou Energy Co. Ltd., A Electricity Producers 900 1,165
Sichuan Expressway Co. Ltd., H Transportation Infrastructure 18,000 5,530
a Sichuan Hebang Biotechnology Co. Ltd., A Chemicals 5,400 1,493
Sihuan Pharmaceutical Holdings Group Ltd. Pharmaceuticals 108,000 24,330
a SINA Corp. Interactive Media & Services 1,503 64,824
Sino-Ocean Land Holdings Ltd. Real Estate Management & Development 72,000 30,597
a Sinofert Holdings Ltd. Chemicals 36,000 3,917

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Sinolink Securities Co. Ltd., A Capital Markets 1,800 2,546
Sinopec Engineering Group Co. Ltd. Construction & Engineering 36,000 30,505
a Sinopec Oilfield Service Corp. Energy Equipment & Services 54,000 6,705
Sinopec Shanghai Petrochemical Co. Ltd., A Chemicals 1,800 1,351
Sinopec Shanghai Petrochemical Co. Ltd., H Chemicals 90,000 35,712
Sinopharm Group Co. Ltd., H Health Care Providers & Services 28,800 101,376
Sinotrans Ltd., H Air Freight & Logistics 54,000 19,630
Sinotruk Hong Kong Ltd. Machinery 18,000 31,150
Soho China Ltd. Real Estate Management & Development 45,000 15,898
Songcheng Performance Development Co. Ltd. Hotels, Restaurants & Leisure 900 3,030
a SooChow Securities Co. Ltd., A Capital Markets 1,800 2,684
a Sou Yu Te Group Co. Ltd. Textiles, Apparel & Luxury Goods 2,700 1,080
Sunac China Holdings Ltd. Real Estate Management & Development 54,000 265,421
Suning Universal Co. Ltd. Real Estate Management & Development 3,600 1,812
Suning.com Co. Ltd. Specialty Retail 3,600 6,013
  Electronic Equipment, Instruments &    
Sunny Optical Technology Group Co. Ltd. Components 16,200 167,340
Suofeiya Home Collection Co. Ltd. Household Durables 900 2,430
Suzhou Gold Mantis Construction Decoration Co. Ltd. Construction & Engineering 2,700 4,050
a TAL Education Group, ADR Diversified Consumer Services 7,974 303,809
Tangshan Jidong Cement Co. Ltd. Construction Materials 900 2,306
TangShan Port Group Co. Ltd., A Transportation Infrastructure 5,400 2,161
TBEA Co. Ltd., A Electrical Equipment 1,800 1,899
TCL Corp. Household Durables 5,400 2,616
Tencent Holdings Ltd. Interactive Media & Services 142,700 6,440,451
a The China Pacific Securities Co. Ltd., A Capital Markets 3,600 1,865
Tian Di Science & Technology Co. Ltd., A Machinery 2,700 1,355
Tianjin Capital Environmental Protection Group Co. Ltd. Commercial Services & Supplies 18,000 6,612
  Semiconductors & Semiconductor    
a Tianjin Zhonghuan Semiconductor Co. Ltd. Equipment 1,800 2,556
Tianqi Lithium Corp. Chemicals 1,800 6,621
a,c Tongcheng-Elong Holdings Ltd., Reg S Internet & Direct Marketing Retail 10,800 21,427
Tongling Nonferrous Metals Group Co. Ltd. Metals & Mining 3,600 1,289
TravelSky Technology Ltd., H IT Services 27,000 54,259
Tsingtao Brewery Co. Ltd., H Beverages 9,900 63,043
  Electronic Equipment, Instruments &    
Tunghsu Optoelectronic Technology Co. Ltd. Components 2,700 2,019
  Electronic Equipment, Instruments &    
Unisplendour Corp. Ltd. Components 900 3,568
  Electronic Equipment, Instruments &    
Universal Scientific Industrial Shanghai Co. Ltd., A Components 900 1,578
Venustech Group Inc. Software 900 3,522
a Vipshop Holdings Ltd., ADR Internet & Direct Marketing Retail 10,638 91,806
Wangsu Science & Technology Co. Ltd. IT Services 1,800 2,823
Wanxiang Qianchao Co. Ltd. Auto Components 1,800 1,566
a Weibo Corp., ADR Interactive Media & Services 1,287 56,049
Weichai Power Co. Ltd., A Machinery 4,500 8,047
Weichai Power Co. Ltd., H Machinery 45,000 76,032
Weifu High-Technology Co. Ltd., B Auto Components 3,600 6,493
Wens Foodstuffs Group Co. Ltd. Food Products 900 4,696
a Western Securities Co. Ltd. Capital Markets 1,800 2,640
a Winning Health Technology Group Co. Ltd. Health Care Technology 1,800 3,714
  Electronic Equipment, Instruments &    
Wuhan Guide Infrared Co. Ltd. Components 900 2,514
Wuhu Sanqi Interactive Entertainment Network Technology Group      
Co. Ltd. Entertainment 1,800 3,549
Wuliangye Yibin Co. Ltd. Beverages 1,800 30,890
  Electronic Equipment, Instruments &    
WUS Printed Circuit Kunshan Co. Ltd. Components 900 1,784
WuXi AppTec Co. Ltd., H Life Sciences Tools & Services 4,500 39,456
a,c Wuxi Biologics Cayman Inc., Reg S Life Sciences Tools & Services 15,000 134,688
XCMG Construction Machinery Co. Ltd. Machinery 4,500 2,920
Xiamen C & D Inc., A Trading Companies & Distributors 900 1,163

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
 
  Electronic Equipment, Instruments &      
Xiamen Meiya Pico Information Co. Ltd. Components 900   2,335
  Technology Hardware, Storage &      
a Xiaomi Corp., B Peripherals 228,600   292,608
Xinhu Zhongbao Co. Ltd., A Real Estate Management & Development 4,500   2,056
Xinhua Winshare Publishing and Media Co. Ltd., H Distributors 9,000   6,371
Xinjiang Goldwind Science & Technology Co. Ltd. Electrical Equipment 1,800   3,255
Xinjiang Goldwind Science & Technology Co. Ltd., H Electrical Equipment 14,400   15,741
Yango Group Co. Ltd. Real Estate Management & Development 1,800   1,697
c Yangtze Optical Fibre and Cable Joint Stock Ltd. Co., H, Reg S Communications Equipment 4,500   9,181
Yantai Changyu Pioneer Wine Co. Ltd., B Beverages 5,400   11,992
Yanzhou Coal Mining Co. Ltd., H Oil, Gas & Consumable Fuels 54,000   50,458
Yonghui Superstores Co. Ltd., A Food & Staples Retailing 2,700   4,011
Yonyou Network Technology Co. Ltd., A Software 1,800   7,040
Yuan Longping High-tech Agriculture Co. Ltd. Food Products 900   1,896
Yuexiu Property Co. Ltd. Real Estate Management & Development 162,000   36,703
Yunda Holding Co. Ltd. Air Freight & Logistics 900   4,036
a YY Inc., ADR Interactive Media & Services 1,017   70,875
Zhaojin Mining Industry Co. Ltd., H Metals & Mining 27,000   30,240
Zhejiang China Commodities City Group Co. Ltd., A Real Estate Management & Development 3,600   2,158
Zhejiang Conba Pharmaceutical Co. Ltd., A Pharmaceuticals 1,800   1,676
  Electronic Equipment, Instruments &      
Zhejiang Dahua Technology Co. Ltd. Components 1,800   3,803
Zhejiang Expressway Co. Ltd., H Transportation Infrastructure 36,000   37,924
Zhejiang Huayou Cobalt Co. Ltd., A Metals & Mining 1,800   5,581
Zhejiang Juhua Co. Ltd., A Chemicals 1,800   1,862
Zhejiang Longsheng Group Co. Ltd., A Chemicals 1,800   4,130
a Zhejiang NHU Co. Ltd. Pharmaceuticals 1,800   5,052
Zhejiang Sanhua Intelligent Controls Co. Ltd. Machinery 2,700   4,144
Zhejiang Wanfeng Auto Wheel Co. Ltd. Auto Components 1,800   1,907
a,c ZhongAn Online P&C Insurance Co. Ltd., Reg S Insurance 8,100   22,239
Zhongjin Gold Corp. Ltd., A Metals & Mining 900   1,345
Zhongsheng Group Holdings Ltd. Specialty Retail 13,500   37,584
Zhuzhou CRRC Times Electric Co. Ltd., H Electrical Equipment 12,600   66,367
Zijin Mining Group Co. Ltd., H Metals & Mining 144,000   58,429
Zoomlion Heavy Industry Science and Technology Co. Ltd. Machinery 1,800   1,574
Zoomlion Heavy Industry Science and Technology Development Co.        
Ltd., H Machinery 34,200   22,457
a ZTE Corp. Communications Equipment 900   4,260
a ZTE Corp., H Communications Equipment 19,800   57,151
ZTO Express Cayman Inc., ADR Air Freight & Logistics 8,217   157,109
        40,530,217
Hong Kong 1.2%        
a Alibaba Pictures Group Ltd. Entertainment 360,000   77,414
Bosideng International Holdings Ltd. Textiles, Apparel & Luxury Goods 72,000   19,999
China Gas Holdings Ltd. Gas Utilities 46,800   174,021
a Fullshare Holdings Ltd. Electrical Equipment 202,500   12,571
Kingboard Laminates Holdings Ltd. Chemicals 27,000   24,745
a Landing International Development Ltd. Real Estate Management & Development 32,400   4,479
Lee & Man Paper Manufacturing Ltd. Paper & Forest Products 36,000   25,206
Sino Biopharmaceutical Ltd. Pharmaceuticals 162,000   165,681
        504,116
Singapore 0.2%        
Yangzijiang Shipbuilding Holdings Ltd. Machinery 52,200   59,031
Yanlord Land Group Ltd. Real Estate Management & Development 15,300   14,588
        73,619
Total Investments (Cost $45,657,781) 99.1%       41,107,952
 
Other Assets, less Liabilities 0.9%       358,015
Net Assets 100.0%     $ 41,465,967

 

 

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

aNon-income producing.
bFair valued using significant unobservable inputs. See Note 6 regarding fair value measurements.
cSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. These securities have been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June
30, 2019, the aggregate value of these securities was $1,440,347, representing 3.5% of net assets.
dSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified
institutional buyers or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by
the Fund's Board of Trustees. At June 30, 2019, the aggregate value of these securities was $435,687, representing 1.1% of net assets.

At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.

Futures Contracts              
 
 
              Value/Unrealized
    Number of   Notional Expiration   Appreciation
Description Type Contracts   Amount* Date   (Depreciation)
Equity Contracts              
HKG Mini Hang Seng China Enterprise Index Long 23 $ 318,982 7/30/19 $ 1,887
*As of period end.              
 
Abbreviations              
 
Selected Portfolio              

 

ADR - American Depositary Receipt

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Europe ETF Industry Shares   Value
Common Stocks and Other Equity Interests 98.8%        
Australia 0.8%        
Rio Tinto PLC Metals & Mining 13,824 $ 858,666
 
Austria 0.4%        
Andritz AG Machinery 888   33,473
a Erste Group Bank AG Banks 3,600   133,814
OMV AG Oil, Gas & Consumable Fuels 1,776   86,664
Raiffeisen Bank International AG Banks 1,632   38,341
Telekom Austria AG Diversified Telecommunication Services 1,728   13,066
Verbund AG Electric Utilities 888   46,518
Vienna Insurance Group AG Wiener Versicherung Gruppe Insurance 504   12,943
Voestalpine AG Metals & Mining 1,416   43,813
        408,632
Belgium 1.6%        
Ackermans & van Haaren NV Diversified Financial Services 288   43,260
Ageas Insurance 2,328   121,183
Anheuser-Busch InBev SA/NV Beverages 9,672   857,367
Colruyt SA Food & Staples Retailing 624   36,241
a Galapagos NV Biotechnology 600   77,518
Groupe Bruxelles Lambert SA Diversified Financial Services 936   91,967
KBC Groep NV Banks 3,456   226,853
Proximus SADP Diversified Telecommunication Services 1,752   51,715
Sofina SA Diversified Financial Services 192   36,646
Solvay SA Chemicals 864   89,635
Telenet Group Holding NV Media 600   33,481
UCB SA Pharmaceuticals 1,512   125,559
Umicore SA Chemicals 2,616   84,011
        1,875,436
Denmark 2.7%        
A.P. Moeller-Maersk AS, A Marine 48   55,807
A.P. Moeller-Maersk AS, B Marine 72   89,445
Ambu AS, B Health Care Equipment & Supplies 2,160   35,050
Carlsberg AS, B Beverages 1,344   178,448
Chr. Hansen Holding AS Chemicals 1,296   121,888
Coloplast AS, B Health Care Equipment & Supplies 1,656   187,431
Danske Bank AS Banks 8,448   133,732
DSV AS Road & Rail 2,184   214,801
a Genmab AS Biotechnology 696   128,177
GN Store Nord AS Health Care Equipment & Supplies 1,632   76,271
H. Lundbeck AS Pharmaceuticals 744   29,435
ISS AS Commercial Services & Supplies 2,376   71,817
Novo Nordisk AS, B Pharmaceuticals 20,832   1,063,214
Novozymes AS Chemicals 2,616   122,179
Orsted AS Electric Utilities 1,872   162,122
Pandora AS Textiles, Apparel & Luxury Goods 1,176   41,898
Rockwool International AS, B Building Products 72   18,412
a The Drilling Co. of 1972 AS Energy Equipment & Services 312   24,278
Tryg AS Insurance 1,512   49,231
Vestas Wind Systems AS Electrical Equipment 2,520   218,010
a William Demant Holding AS Health Care Equipment & Supplies 1,344   41,854
        3,063,500
Finland 1.9%        
Elisa OYJ Diversified Telecommunication Services 1,800   87,959
c Fortum OYJ, Reg S Electric Utilities 5,424   120,047
Huhtamaki OYJ Containers & Packaging 1,176   48,427
Kesko OYJ Food & Staples Retailing 840   46,796
Kone OYJ, B Machinery 4,872   287,953
Metso OYJ Machinery 1,416   55,713

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Neste Oil OYJ Oil, Gas & Consumable Fuels 5,184 176,162
Nokia OYJ, A Communications Equipment 70,344 349,751
a Nokian Renkaat OYJ Auto Components 1,680 52,536
Nordea Bank Abp Banks 40,008 291,044
Orion OYJ Pharmaceuticals 1,272 46,687
Sampo OYJ, A Insurance 6,168 291,501
Stora Enso OYJ, R Paper & Forest Products 7,176 84,458
UPM-Kymmene OYJ Paper & Forest Products 6,696 178,206
Wartsila OYJ ABP Machinery 5,832 84,712
      2,201,952
France 17.0%      
Accor SA Hotels, Restaurants & Leisure 2,472 106,271
a Adevinta ASA, A Interactive Media & Services 1,272 14,143
a Adevinta ASA, B Interactive Media & Services 1,584 17,464
Aeroports de Paris SA Transportation Infrastructure 360 63,627
a Air France-KLM Airlines 2,400 23,100
Air Liquide SA Chemicals 5,280 739,883
Airbus SE Aerospace & Defense 6,936 984,812
b ALD SA, 144A Road & Rail 1,080 16,924
Alstom SA Machinery 1,920 89,209
Amundi SA Capital Markets 744 52,022
ArcelorMittal Metals & Mining 7,560 135,476
Arkema SA Chemicals 888 82,700
Atos SE IT Services 1,176 98,460
AXA SAw Insurance 24,120 634,508
Biomerieux Health Care Equipment & Supplies 576 47,786
BNP Paribas SA Banks 13,608 647,224
Bollore Air Freight & Logistics 12,810 56,602
Bouygues SA Construction & Engineering 2,616 97,029
Bureau Veritas SA Professional Services 3,528 87,264
Capgemini SE IT Services 1,944 242,082
Carrefour SA Food & Staples Retailing 7,056 136,441
Casino Guichard-Perrachon SA Food & Staples Retailing 720 24,598
Cie Generale des Etablissements Michelin SCA Auto Components 2,208 280,489
CNP Assurances Insurance 2,016 45,825
Compagnie de Saint-Gobain Building Products 6,120 238,878
  Equity Real Estate Investment Trusts    
Covivio (REITs) 552 57,864
Credit Agricole SA Banks 14,640 175,807
Danone SA Food Products 7,560 641,395
Dassault Aviation SA Aerospace & Defense 24 34,547
Dassault Systemes Software 1,656 264,585
Edenred Commercial Services & Supplies 3,048 155,712
EDF SA Electric Utilities 6,336 79,983
Eiffage SA Construction & Engineering 960 95,047
Elis SA Commercial Services & Supplies 2,424 44,029
Engie SA Multi-Utilities 20,736 315,013
EssilorLuxottica SA Textiles, Apparel & Luxury Goods 3,696 482,983
Eurazeo SE Diversified Financial Services 606 42,304
Eutelsat Communications SA Media 2,328 43,585
Faurecia SA Auto Components 936 43,500
  Equity Real Estate Investment Trusts    
Gecina SA (REITs) 648 97,113
Getlink SE Transportation Infrastructure 5,688 91,268
Hermes International Textiles, Apparel & Luxury Goods 384 277,335
  Equity Real Estate Investment Trusts    
ICADE (REITs) 456 41,855
Iliad SA Diversified Telecommunication Services 312 35,090
Imerys SA Construction Materials 480 25,484
  Electronic Equipment, Instruments &    
Ingenico Group SA Components 792 70,152
Ipsen SA Pharmaceuticals 432 59,035
JCDecaux SA Media 912 27,668

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Kering SA Textiles, Apparel & Luxury Goods 936 554,384
  Equity Real Estate Investment Trusts    
Klepierre SA (REITs) 2,400 80,572
L'Oreal SA Personal Products 3,024 862,655
Lagardere SCA Media 1,440 37,553
Legrand SA Electrical Equipment 3,360 246,036
LVMH Moet Hennessy Louis Vuitton SE Textiles, Apparel & Luxury Goods 3,144 1,340,139
Natixis SA Capital Markets 10,488 42,269
Orange SA Diversified Telecommunication Services 24,120 380,842
Orpea Health Care Providers & Services 576 69,596
Pernod Ricard SA Beverages 2,664 491,622
Peugeot SA Automobiles 6,840 168,796
Plastic Omnium SA Auto Components 672 17,548
Publicis Groupe Media 2,640 139,589
Remy Cointreau SA Beverages 336 48,518
Renault SA Automobiles 2,304 145,070
Rexel SA Trading Companies & Distributors 3,792 48,214
Rubis SCA Gas Utilities 1,104 62,258
Safran SA Aerospace & Defense 4,152 609,241
Sanofi Pharmaceuticals 13,656 1,180,511
Sartorius Stedim Biotech Life Sciences Tools & Services 312 49,281
Schneider Electric SE Electrical Equipment 6,600 599,483
SCOR SE Insurance 1,872 82,204
SEB SA Household Durables 336 60,495
Societe BIC SA Commercial Services & Supplies 336 25,656
Societe Generale SA Banks 9,048 228,952
Sodexo SA Hotels, Restaurants & Leisure 1,080 126,434
Suez Multi-Utilities 4,560 65,898
Teleperformance Professional Services 720 144,473
Thales SA Aerospace & Defense 1,248 154,416
Total SA Oil, Gas & Consumable Fuels 30,384 1,704,980
a UbiSoft Entertainment SA Entertainment 1,104 86,548
  Equity Real Estate Investment Trusts    
Unibail-Rodamco-Westfield (REITs) 1,680 252,062
Valeo SA Auto Components 3,000 97,709
Veolia Environnement SA Multi-Utilities 6,312 153,969
Vinci SA Construction & Engineering 5,832 598,132
Vivendi SA Media 12,096 333,491
Wendel SA Diversified Financial Services 360 49,155
a,c Worldline SA, Reg S IT Services 1,056 76,965
      19,579,887
Germany 13.0%      
1&1 Drillisch AG Wireless Telecommunication Services 600 20,034
Adidas AG Textiles, Apparel & Luxury Goods 2,472 764,304
Allianz SE Insurance 5,304 1,280,522
Aroundtown SA Real Estate Management & Development 8,496 70,107
Axel Springer SE Media 552 38,943
BASF SE Chemicals 11,520 838,565
Bayer AG Pharmaceuticals 11,760 816,126
Bayerische Motoren Werke AG Automobiles 4,008 297,091
Beiersdorf AG Personal Products 1,248 150,010
Brenntag AG Trading Companies & Distributors 1,944 95,881
Carl Zeiss Meditec AG Health Care Equipment & Supplies 480 47,420
Commerzbank AG Banks 13,104 94,297
Continental AG Auto Components 1,368 199,751
Covestro AG Chemicals 2,160 109,978
Daimler AG Automobiles 10,824 603,068
a Delivery Hero SE Internet & Direct Marketing Retail 1,344 61,054
Deutsche Bank AG Capital Markets 25,920 200,130
Deutsche Boerse AG Capital Markets 2,304 326,400
Deutsche Lufthansa AG Airlines 3,024 51,897
Deutsche Post AG Air Freight & Logistics 12,216 402,045
Deutsche Telekom AG Diversified Telecommunication Services 40,536 702,223

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Deutsche Wohnen AG Real Estate Management & Development 4,464 164,048
b DWS Group GmbH & Co. KGaA, 144A Capital Markets 432 15,143
E.ON SE Multi-Utilities 27,336 297,325
Evonik Industries AG Chemicals 2,040 59,496
Fielmann AG Specialty Retail 336 24,412
Fraport AG Frankfurt Airport Services Worldwide Transportation Infrastructure 456 39,259
Fresenius Medical Care AG & Co. KGaA Health Care Providers & Services 2,664 209,451
Fresenius SE and Co. KGaA Health Care Providers & Services 5,136 278,874
Fuchs Petrolub SE Chemicals 456 16,280
GEA Group AG Machinery 2,112 60,129
Grenkeleasing AG Consumer Finance 336 36,121
Hannover Rueck SE Insurance 744 120,481
Hapag-Lloyd AG Marine 384 16,836
HeidelbergCement AG Construction Materials 1,872 151,701
Hella GmbH & Co. KGaA Auto Components 552 27,332
Henkel AG & Co. KGaA Household Products 1,272 116,971
Hochtief AG Construction & Engineering 240 29,272
Hugo Boss AG Textiles, Apparel & Luxury Goods 816 54,362
  Semiconductors & Semiconductor    
Infineon Technologies AG Equipment 15,720 278,375
Innogy SE Multi-Utilities 1,608 68,944
K+S AG Chemicals 2,400 44,768
KION Group AG Machinery 888 56,064
Knorr-Bremse AG Machinery 600 66,961
Lanxess AG Chemicals 1,152 68,560
LEG Immobilien AG Real Estate Management & Development 792 89,471
Merck KGaA Pharmaceuticals 1,632 170,910
METRO AG Food & Staples Retailing 2,136 39,102
MTU Aero Engines AG Aerospace & Defense 648 154,599
Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in      
                 Muenchen Insurance 1,752 440,336
Osram Licht AG Electrical Equipment 1,104 36,409
ProSiebenSat.1 Media SE Media 2,880 45,310
Puma SE Textiles, Apparel & Luxury Goods 1,032 68,928
Rational AG Machinery 48 33,098
Rheinmetall AG Industrial Conglomerates 552 67,671
   a,b Rocket Internet SE, 144A Internet & Direct Marketing Retail 744 21,487
RWE AG Multi-Utilities 6,744 166,427
SAP SE Software 12,216 1,679,963
c Scout24 AG, Reg S Interactive Media & Services 1,320 70,230
Siemens AG Industrial Conglomerates 9,528 1,134,961
Siemens Healthineers AG Health Care Equipment & Supplies 1,656 69,984
Suedzucker AG Food Products 984 16,685
Symrise AG Chemicals 1,608 154,992
a Talanx AG Insurance 504 21,868
Telefonica Deutschland Holding AG Diversified Telecommunication Services 8,424 23,571
thyssenkrupp AG Metals & Mining 5,856 85,528
TUI AG Hotels, Restaurants & Leisure 5,472 53,792
  Independent Power and Renewable    
Uniper SE Electricity Producers 2,472 74,966
United Internet AG Diversified Telecommunication Services 1,464 48,282
Volkswagen AG Automobiles 408 70,229
Vonovia SE Real Estate Management & Development 6,528 312,232
Wacker Chemie AG Chemicals 192 15,214
Wirecard AG IT Services 1,440 242,783
         a,b Zalando SE, 144A Internet & Direct Marketing Retail 1,728 76,785
      14,956,824
Ireland 0.8%      
AIB Group PLC Banks 10,296 42,163
Bank of Ireland Group PLC Banks 11,664 61,048
CRH PLC Construction Materials 10,176 331,805
Flutter Entertainment PLC Hotels, Restaurants & Leisure 984 74,238
Glanbia PLC Food Products 1,944 31,724

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Glanbia PLC Food Products 504 8,208
Kerry Group PLC Food Products 1,848 220,973
Kingspan Group PLC Building Products 1,872 101,816
Smurfit Kappa Group PLC Containers & Packaging 2,976 90,220
      962,195
Italy 3.6%      
A2A SpA Multi-Utilities 19,392 33,700
Assicurazioni Generali SpA Insurance 16,320 307,771
Atlantia SpA Transportation Infrastructure 6,672 174,072
Banca Mediolanum SpA Diversified Financial Services 3,624 26,722
a Banco BPM SpA Banks 19,056 38,845
Buzzi Unicem SpA Construction Materials 888 18,046
Buzzi Unicem SpA, di Risp Construction Materials 528 7,408
Davide Campari-Milano SpA Beverages 7,128 69,931
DiaSorin SpA Health Care Equipment & Supplies 312 36,277
Enel SpA Electric Utilities 97,800 683,841
Eni SpA Oil, Gas & Consumable Fuels 31,536 524,548
Ferrari NV Automobiles 1,560 253,688
FinecoBank Banca Fineco SpA Banks 6,120 68,370
Hera SpA Multi-Utilities 10,560 40,455
Intesa Sanpaolo SpA Banks 188,184 403,320
Italgas Reti SpA Gas Utilities 6,144 41,337
Leonardo SpA Aerospace & Defense 4,872 61,835
a Mediaset SpA Media 4,320 14,144
Mediobanca Banca di Credito Finanziario SpA Banks 9,024 93,167
Moncler SpA Textiles, Apparel & Luxury Goods 2,304 98,655
Pirelli & C SpA Auto Components 5,496 32,534
c Poste Italiane SpA, Reg S Insurance 5,808 61,247
Prysmian SpA Electrical Equipment 3,312 68,456
Recordati SpA Pharmaceuticals 1,176 49,096
a Saipem SpA Energy Equipment & Services 7,176 35,753
Salvatore Ferragamo SpA Textiles, Apparel & Luxury Goods 792 18,922
Snam SpA Oil, Gas & Consumable Fuels 28,584 142,282
Telecom Italia SpA, di Risp Diversified Telecommunication Services 75,792 39,367
a Telecom Italia SpA/Milano Diversified Telecommunication Services 136,776 74,796
Tenaris SA Energy Equipment & Services 5,880 77,073
Terna Rete Elettrica Nazionale SpA Electric Utilities 17,736 113,107
UniCredit SpA Banks 28,032 345,597
Unione di Banche Italiane SpA Banks 12,336 33,716
UnipolSai Assicurazioni SpA Insurance 7,416 19,078
      4,107,156
Kazakhstan 0.0%†      
KAZ Minerals PLC Metals & Mining 2,952 22,685
 
Luxembourg 0.2%      
Eurofins Scientific SE Life Sciences Tools & Services 144 63,791
RTL Group SA Media 504 25,851
SES SA, IDR Media 4,416 69,148
      158,790
Netherlands 4.2%      
Aalberts NV Machinery 1,200 47,242
ABN AMRO Group NV, GDR Banks 5,208 111,589
a Adyen NV IT Services 120 92,735
Aegon NV Insurance 22,776 113,554
Akzo Nobel NV Chemicals 2,880 271,038
  Semiconductors & Semiconductor    
ASML Holding NV Equipment 4,968 1,039,520
ASR Nederland NV Insurance 1,680 68,415
Boskalis Westminster Construction & Engineering 1,056 24,424
EXOR NV Diversified Financial Services 1,344 94,282
Grandvision NV Specialty Retail 624 14,525
Heineken Holding NV Beverages 1,368 143,792

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Heineken NV Beverages 3,000 335,286
ING Groep NV Banks 49,224 571,550
Koninklijke Ahold Delhaize NV Food & Staples Retailing 14,088 317,307
Koninklijke DSM NV Chemicals 2,208 273,323
Koninklijke KPN NV Diversified Telecommunication Services 41,424 127,369
Koninklijke Philips NV Health Care Equipment & Supplies 11,520 500,948
Koninklijke Vopak NV Oil, Gas & Consumable Fuels 840 38,790
NN Group NV Insurance 4,224 170,284
a OCI NV Chemicals 1,200 32,989
a QIAGEN NV Life Sciences Tools & Services 2,784 113,152
Randstad NV Professional Services 1,392 76,566
Signify NV Electrical Equipment 1,296 38,373
Wolters Kluwer NV Professional Services 3,408 248,464
      4,865,517
Norway 1.1%      
Aker ASA Diversified Financial Services 312 17,960
Aker BP ASA Oil, Gas & Consumable Fuels 1,392 39,935
DNB ASA Banks 13,368 248,826
Equinor ASA Oil, Gas & Consumable Fuels 12,312 243,249
Gjensidige Forsikring ASA Insurance 2,088 42,073
Leroy Seafood Group ASA Food Products 3,168 20,971
a Mowi ASA Food Products 5,400 126,322
Norsk Hydro ASA Metals & Mining 16,752 59,927
Orkla ASA Food Products 9,744 86,491
Salmar ASA Food Products 648 28,189
Schibsted ASA, A Media 1,008 27,819
Schibsted ASA, B Media 1,200 31,302
Telenor ASA Diversified Telecommunication Services 8,400 178,423
Yara International ASA Chemicals 2,184 105,997
      1,257,484
Poland 0.6%      
Bank Pekao SA Banks 1,968 59,000
CD Projekt SA Entertainment 768 44,339
Cyfrowy Polsat SA Media 3,192 25,473
a Dino Polska SA Food & Staples Retailing 600 21,061
Grupa Lotos SA Oil, Gas & Consumable Fuels 1,248 28,345
a KGHM Polska Miedz SA Metals & Mining 1,728 47,959
LPP SA Textiles, Apparel & Luxury Goods 10 20,487
mBank SA Banks 144 16,604
a PGE Polska Grupa Energetyczna SA Electric Utilities 9,144 23,520
Polski Koncern Naftowy Orlen SA Oil, Gas & Consumable Fuels 3,936 94,970
Polskie Gornictwo Naftowe i Gazownictwo SA Oil, Gas & Consumable Fuels 21,240 30,244
Powszechna Kasa Oszczednosci Bank Polski SA Banks 10,704 122,907
Powszechny Zalkad Ubezpieczen SA Insurance 7,080 82,890
Santander Bank Polska SA Banks 432 42,954
      660,753
Portugal 0.2%      
EDP- Energias de Portugal SA Electric Utilities 28,464 108,330
Galp Energia SGPS SA, B Oil, Gas & Consumable Fuels 6,456 99,437
Jeronimo Martins SGPS SA Food & Staples Retailing 3,072 49,555
      257,322
Russia 0.1%      
Veon Ltd. Wireless Telecommunication Services 8,160 23,324
Evraz PLC Metals & Mining 6,840 57,907
Polymetal International PLC Metals & Mining 3,648 46,280
      127,511
South Africa 0.1%      
Investec PLC Capital Markets 8,448 54,941
 
Spain 4.7%      
Acciona SA Electric Utilities 264 28,381

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Acerinox SA Metals & Mining 2,232 22,444
ACS Actividades de Construccion y Servicios SA Construction & Engineering 3,048 121,869
a ACS Actividades de Construccion y Servicios SA, rts., 7/08/19 Construction & Engineering 3,048 4,790
Aena SME SA Transportation Infrastructure 888 176,262
Amadeus IT Group SA, A IT Services 5,112 405,529
Banco Bilbao Vizcaya Argentaria SA Banks 83,688 468,609
Banco de Sabadell SA Banks 70,416 73,053
Banco Santander SA Banks 201,912 938,260
Bankia SA Banks 15,408 36,462
Bankinter SA Banks 8,616 59,441
CaixaBank SA Banks 45,240 129,726
a Cellnex Telecom SA Diversified Telecommunication Services 2,616 96,940
Corporacion Financiera Alba SA Diversified Financial Services 288 15,120
Corporacion Mapfre SA Insurance 12,408 36,329
  Independent Power and Renewable    
EDP Renovaveis SA Electricity Producers 1,920 19,722
Enagas SA Oil, Gas & Consumable Fuels 2,856 76,334
Endesa SA Electric Utilities 3,984 102,581
Ferrovial SA Construction & Engineering 6,044 154,934
Fomento de Construcciones y Contratas SA Construction & Engineering 751 10,023
Grifols SA Biotechnology 4,152 122,936
Iberdrola SA Electric Utilities 77,016 768,830
Industria de Diseno Textil SA Specialty Retail 13,200 397,601
  Equity Real Estate Investment Trusts    
Inmobiliaria Colonial SA (REITs) 4,008 44,707
  Equity Real Estate Investment Trusts    
Merlin Properties Socimi SA (REITs) 4,200 58,352
Naturgy Energy Group SA Gas Utilities 3,888 107,282
Red Electrica Corp. SA Electric Utilities 5,424 113,129
Repsol SA Oil, Gas & Consumable Fuels 16,920 265,616
a Repsol SA, rts., 7/4/19 Oil, Gas & Consumable Fuels 16,920 9,399
Siemens Gamesa Renewable Energy SA Electrical Equipment 2,808 46,751
Telefonica SA Diversified Telecommunication Services 57,072 469,319
Zardoya Otis SA Machinery 2,232 16,979
      5,397,710
Sweden 4.2%      
Alfa Laval AB Machinery 3,936 85,947
Assa Abloy AB, B Building Products 11,520 260,616
Atlas Copco AB Machinery 4,752 136,442
Atlas Copco AB, A Machinery 7,824 250,282
Boliden AB Metals & Mining 3,432 87,833
Castellum AB Real Estate Management & Development 3,336 63,839
Electrolux AB, B Household Durables 3,096 79,184
Elekta AB, B Health Care Equipment & Supplies 4,536 65,853
Epiroc AB, A Machinery 7,896 82,277
Epiroc AB, B Machinery 4,752 47,109
Ericsson, B Communications Equipment 37,344 354,595
Essity AB, B Household Products 7,728 237,715
a Fastighets AB Balder, B Real Estate Management & Development 1,248 41,832
Hennes & Mauritz AB, B Specialty Retail 10,920 194,621
  Electronic Equipment, Instruments &    
Hexagon AB, B Components 3,144 174,716
Husqvarna AB, B Household Durables 5,160 48,306
ICA Gruppen AB Food & Staples Retailing 984 42,337
Industrivarden AB, A Diversified Financial Services 2,616 59,717
Industrivarden AB, C Diversified Financial Services 2,136 47,379
Investment AB Latour, B Industrial Conglomerates 1,512 22,310
Investor AB, A Diversified Financial Services 1,728 83,027
Investor AB, B Diversified Financial Services 5,760 276,943
Kinnevik AB, B Diversified Financial Services 2,952 76,837
L E Lundbergforetagen AB, B Diversified Financial Services 960 35,966
Lundin Petroleum AB Oil, Gas & Consumable Fuels 2,160 67,024
Nibe Industrier AB Building Products 3,792 55,563

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Saab AB, B Aerospace & Defense 1,152 37,522
Sandvik AB Machinery 13,488 248,006
Securitas AB, B Commercial Services & Supplies 3,816 66,999
Skandinaviska Enskilda Banken AB, A Banks 17,952 166,243
Skandinaviska Enskilda Banken AB, C Banks 264 2,473
Skanska AB, B Construction & Engineering 4,464 80,685
SKF AB, B Machinery 4,776 87,894
Svenska Cellulosa AB, A Paper & Forest Products 360 3,655
Svenska Cellulosa AB, B Paper & Forest Products 7,440 64,712
Svenska Handelsbanken AB, A Banks 18,432 182,528
Svenska Handelsbanken AB, B Banks 456 4,669
Swedbank AB, A Banks 12,576 189,015
Swedish Match AB Tobacco 2,184 92,273
a Swedish Orphan Biovitrum AB Biotechnology 2,280 43,950
Tele2 AB, B Wireless Telecommunication Services 6,768 98,841
Telefonaktiebolaget LM Ericsson, A Communications Equipment 456 4,315
Telia Co. AB Diversified Telecommunication Services 33,576 149,239
Trelleborg AB, B Machinery 3,048 43,314
Volvo AB, B Machinery 19,128 303,778
      4,848,381
Switzerland 15.0%      
ABB Ltd. Electrical Equipment 22,440 450,871
Adecco Group AG Professional Services 1,920 115,515
a Alcon Inc. Health Care Equipment & Supplies 5,784 357,600
Baloise Holding AG Insurance 576 102,085
Banque Cantonale Vaudoise Banks 48 37,415
Barry Callebaut AG Food Products 24 48,197
Chocoladefabriken Lindt & Spruengli AG Food Products 24 174,892
a Clariant AG Chemicals 2,568 52,269
a Coca-Cola HBC AG Beverages 2,448 92,595
Compagnie Financiere Richemont SA Textiles, Apparel & Luxury Goods 6,408 544,450
a Credit Suisse Group AG Capital Markets 31,680 380,323
DKSH Holding AG Professional Services 456 26,752
a Dufry AG Specialty Retail 360 30,528
EMS-Chemie Holding AG Chemicals 96 62,375
Flughafen Zurich AG Transportation Infrastructure 240 45,243
Geberit AG Building Products 456 213,268
Georg Fischer AG Machinery 48 45,932
Givaudan AG Chemicals 120 339,200
Glencore PLC Metals & Mining 140,808 489,861
Helvetia Holding AG Insurance 408 51,262
a Julius Baer Group Ltd. Capital Markets 2,712 120,886
Kuehne + Nagel International AG Marine 624 92,736
a LafargeHolcim Ltd., B Construction Materials 5,928 289,834
  Technology Hardware, Storage &    
Logitech International SA Peripherals 1,920 76,820
a Lonza Group AG Life Sciences Tools & Services 936 316,224
Nestle SA Food Products 37,488 3,885,679
Novartis AG Pharmaceuticals 27,528 2,518,459
a OC Oerlikon Corp. AG Machinery 2,520 30,809
Pargesa Holding SA, B Diversified Financial Services 480 37,046
Partners Group Holding AG Capital Markets 216 169,920
PSP Swiss Property AG Real Estate Management & Development 480 56,172
Roche Holding AG Pharmaceuticals 336 94,287
Roche Holding AG Pharmaceuticals 8,760 2,467,625
Schindler Holding AG Machinery 240 52,480
Schindler Holding AG, PC Machinery 528 117,676
SGS SA Professional Services 72 183,655
Sika AG Chemicals 1,728 295,267
Sonova Holding AG Health Care Equipment & Supplies 696 158,331
  Semiconductors & Semiconductor    
STMicroelectronics NV Equipment 7,872 139,848
Straumann Holding AG Health Care Equipment & Supplies 120 106,018

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Sulzer AG Machinery 216 23,638
Swatch Group AG Textiles, Apparel & Luxury Goods 360 103,200
Swatch Group AG Textiles, Apparel & Luxury Goods 576 31,222
Swiss Life Holding AG Insurance 432 214,361
a Swiss Prime Site AG Real Estate Management & Development 1,008 88,135
Swiss Re AG Insurance 3,792 385,967
Swisscom AG Diversified Telecommunication Services 312 156,832
a Temenos AG Software 744 133,271
a UBS Group AG Capital Markets 43,776 520,822
Vifor Pharma AG Pharmaceuticals 552 79,856
Zurich Insurance Group AG Insurance 1,848 644,241
      17,251,950
United Arab Emirates 0.0%†      
NMC Health PLC Health Care Providers & Services 1,104 33,764
 
United Kingdom 26.5%      
3i Group PLC Capital Markets 11,952 169,378
Admiral Group PLC Insurance 2,520 70,815
Anglo American PLC Metals & Mining 12,408 354,444
Antofagasta PLC Metals & Mining 4,344 51,394
Ashmore Group PLC Capital Markets 4,824 31,281
Ashtead Group PLC Trading Companies & Distributors 5,856 167,989
Associated British Foods PLC Food Products 4,368 136,922
AstraZeneca PLC Pharmaceuticals 16,512 1,352,934
Auto Trader Group PLC Interactive Media & Services 11,448 79,814
Aveva Group PLC Software 840 43,212
Aviva PLC Insurance 49,344 261,562
B&M European Value Retail SA Multiline Retail 10,536 44,693
Babcock International Group PLC Commercial Services & Supplies 3,168 18,474
BAE Systems PLC Aerospace & Defense 40,224 253,611
Barclays PLC Banks 216,480 412,720
Barratt Developments PLC Household Durables 12,576 91,647
Bellway PLC Household Durables 1,536 54,443
BHP Group PLC Metals & Mining 26,160 670,871
BP PLC Oil, Gas & Consumable Fuels 251,184 1,753,775
British American Tobacco PLC Tobacco 28,752 1,005,933
  Equity Real Estate Investment Trusts    
British Land Co. PLC (REITs) 11,688 80,089
BT Group PLC Diversified Telecommunication Services 105,072 262,716
Bunzl PLC Trading Companies & Distributors 4,224 111,657
Burberry Group PLC Textiles, Apparel & Luxury Goods 5,184 122,849
Capital & Counties Properties PLC Real Estate Management & Development 9,192 25,339
Centrica PLC Multi-Utilities 72,960 81,509
Cineworld Group PLC Entertainment 13,104 42,261
CNH Industrial NV Machinery 12,504 128,412
a Cobham PLC Aerospace & Defense 30,048 40,747
Compass Group PLC Hotels, Restaurants & Leisure 19,872 477,243
ConvaTec Group PLC Health Care Equipment & Supplies 18,432 34,202
Croda International PLC Chemicals 1,560 101,653
CYBG PLC Banks 15,120 37,005
DCC PLC Industrial Conglomerates 1,224 109,356
  Equity Real Estate Investment Trusts    
Derwent London PLC (REITs) 1,248 49,492
Diageo PLC Beverages 29,424 1,267,238
Direct Line Insurance Group PLC Insurance 17,280 72,970
DS Smith PLC Containers & Packaging 16,440 75,847
easyJet PLC Airlines 2,472 29,989
Experian PLC Professional Services 11,400 345,889
a Ferguson PLC Trading Companies & Distributors 2,928 208,682
Fiat Chrysler Automobiles NV Automobiles 13,944 194,777
Fresnillo PLC Metals & Mining 2,328 25,783
G4S PLC Commercial Services & Supplies 19,440 51,462
GlaxoSmithKline PLC Pharmaceuticals 61,752 1,239,078

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
GVC Holdings PLC Hotels, Restaurants & Leisure 7,320 60,723
  Electronic Equipment, Instruments &    
Halma PLC Components 4,752 122,167
  Equity Real Estate Investment Trusts    
Hammerson PLC (REITs) 9,960 35,125
Hargreaves Lansdown PLC Capital Markets 3,408 83,234
Hikma Pharmaceuticals PLC Pharmaceuticals 1,752 38,397
Hiscox Ltd. Insurance 3,552 76,489
Howden Joinery Group PLC Trading Companies & Distributors 7,560 48,782
HSBC Holdings PLC Banks 255,216 2,133,700
IMI PLC Machinery 3,360 44,388
Imperial Brands PLC Tobacco 12,072 283,743
Inchcape PLC Distributors 5,232 41,018
Informa PLC Media 15,576 165,527
InterContinental Hotels Group PLC Hotels, Restaurants & Leisure 2,304 151,659
International Consolidated Airlines Group SA Airlines 9,504 57,685
Intertek Group PLC Professional Services 2,016 141,168
ITV PLC Media 46,800 64,327
J Sainsbury PLC Food & Staples Retailing 20,232 50,456
JD Sports Fashion PLC Specialty Retail 4,632 34,569
John Wood Group PLC Energy Equipment & Services 8,400 48,322
Johnson Matthey PLC Chemicals 2,376 100,667
a Just Eat PLC Internet & Direct Marketing Retail 7,200 57,272
Jyske Bank AS Banks 816 28,325
Kingfisher PLC Specialty Retail 26,544 72,599
  Equity Real Estate Investment Trusts    
Land Securities Group PLC (REITs) 8,952 94,928
Legal & General Group PLC Insurance 75,264 258,150
Lloyds Banking Group PLC Banks 889,560 640,680
London Stock Exchange Group PLC Capital Markets 3,936 274,813
Marks & Spencer Group PLC Multiline Retail 24,338 65,264
Mediclinic International PLC Health Care Providers & Services 4,920 19,092
Meggitt PLC Aerospace & Defense 9,720 64,822
Melrose Industries PLC Electrical Equipment 60,912 140,200
Merlin Entertainments PLC Hotels, Restaurants & Leisure 8,808 50,344
Micro Focus International PLC Software 4,296 112,850
Mondi PLC Paper & Forest Products 4,608 104,976
National Grid PLC Multi-Utilities 42,840 455,699
Next PLC Multiline Retail 1,632 114,778
a Ocado Group PLC Internet & Direct Marketing Retail 5,760 85,550
Pearson PLC Media 9,816 102,366
Pennon Group PLC Water Utilities 5,232 49,461
Persimmon PLC Household Durables 4,008 101,867
Phoenix Group Holdings PLC Insurance 6,672 60,204
Prudential PLC Insurance 32,880 718,084
Quilter PLC Capital Markets 22,848 40,821
Reckitt Benckiser Group PLC Household Products 7,920 626,358
RELX PLC Professional Services 23,712 576,254
  Electronic Equipment, Instruments &    
Renishaw PLC Components 432 23,411
Rentokil Initial PLC Commercial Services & Supplies 23,112 116,923
Rightmove PLC Interactive Media & Services 11,520 78,395
Rolls-Royce Holdings PLC Aerospace & Defense 21,456 229,488
Royal Bank of Scotland Group PLC Banks 57,408 160,593
Royal Dutch Shell PLC, A Oil, Gas & Consumable Fuels 55,032 1,801,759
Royal Dutch Shell PLC, B Oil, Gas & Consumable Fuels 47,304 1,553,860
Royal Mail PLC Air Freight & Logistics 11,760 31,715
RPC Group PLC Containers & Packaging 5,136 51,809
RSA Insurance Group PLC Insurance 12,792 93,905
Schroders PLC Capital Markets 1,392 54,034
  Equity Real Estate Investment Trusts    
Segro PLC (REITs) 13,488 125,347
Severn Trent PLC Water Utilities 2,976 77,569
Smith & Nephew PLC Health Care Equipment & Supplies 10,992 238,521

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Smiths Group PLC Industrial Conglomerates 4,968 98,951
Spirax-Sarco Engineering PLC Machinery 912 106,611
SSE PLC Electric Utilities 13,128 187,464
St. James's Place Capital PLC Capital Markets 6,552 91,559
Standard Chartered PLC Banks 34,032 309,338
Standard Life Aberdeen PLC Capital Markets 30,360 113,831
Subsea 7 SA Energy Equipment & Services 2,976 35,830
Tate & Lyle PLC Food Products 5,832 54,807
Taylor Wimpey PLC Household Durables 40,800 81,914
TechnipFMC PLC Energy Equipment & Services 5,736 147,627
Tesco PLC Food & Staples Retailing 121,776 351,349
The Berkeley Group Holdings PLC Household Durables 1,536 72,936
The Sage Group PLC Software 13,584 138,722
Travis Perkins PLC Trading Companies & Distributors 3,168 51,387
Unilever NV, IDR Personal Products 18,288 1,115,461
Unilever PLC Personal Products 13,704 853,654
United Utilities Group PLC Water Utilities 8,568 85,360
Vodafone Group PLC Wireless Telecommunication Services 338,064 556,405
Weir Group PLC Machinery 3,288 64,715
Whitbread PLC Hotels, Restaurants & Leisure 2,184 128,667
William Morrison Supermarkets PLC Food & Staples Retailing 28,176 72,221
WPP PLC Media 15,432 194,478
      30,490,676
United States 0.1%      
Carnival PLC Hotels, Restaurants & Leisure 2,040 90,326
 
Total Common Stocks and Other Equity Interests (Cost $115,990,363)   113,532,058
Preferred Stocks 0.8%      
Germany 0.7%      
d Bayerische Motoren Werke AG, 6.447%, pfd. Automobiles 768 47,753
d Fuchs Petrolub SE, 2.747%, pfd. Chemicals 888 34,969
d Henkel AG & Co. KGaA, 2.151%, pfd. Household Products 2,208 216,295
d Porsche Automobil Holding SE, 3.868%, pfd. Automobiles 1,944 126,498
d RWE AG, 3.218%, pfd. Multi-Utilities 552 13,672
d Sartorius AG, 0.344%, pfd. Health Care Equipment & Supplies 432 88,701
d Volkswagen AG, 3.279%, pfd. Automobiles 2,304 388,899
      916,787
Spain 0.1%      
d Grifols SA, 1.940%, pfd., B Biotechnology 3,216 67,022
 
Total Preferred Stocks (Cost $1,082,099)     983,809
Total Investments (Cost $117,072,462) 99.6%     114,515,867
 
Other Assets, less Liabilities 0.4%     425,924
Net Assets 100.0%   $ 114,941,791

 

†Rounds to less than 0.1% of net assets.
aNon-income producing.
bSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified
institutional buyers or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by
the Fund's Board of Trustees. At June 30, 2019, the aggregate value of these securities was $130,339, representing 0.1% of net assets.
cSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. These securities have been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June
30, 2019, the aggregate value of these securities was $328,489, representing 0.3% of net assets.
dVariable rate security. The rate shown represents the yield at period end.

 

FRANKLIN TEMPLETON ETF TRUST              
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)          
 
 
 
 
At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.      
 
 
Futures Contracts              
 
 
                  Value/Unrealized
        Number of Notional Expiration   Appreciation
Description Type Contracts Amount* Date   (Depreciation)
Equity Contracts              
EURO STOXX 50 Index Long 6 $ 236,825 9/20/19 $ 1,428
FTSE 100 Index Long 1   93,785 9/20/19   2,964
Total Futures Contracts             4,392
*As of period end.              
 
Abbreviations              
 
Selected Portfolio              
 
GDR - Global Depositary Receipt              
IDR - International Depositary Receipt              

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Europe Hedged ETF Industry Shares   Value
Common Stocks and Other Equity Interests 98.4%        
Australia 0.8%        
Rio Tinto PLC Metals & Mining 568 $ 35,281
 
Austria 0.4%        
Andritz AG Machinery 37   1,395
a Erste Group Bank AG Banks 148   5,501
OMV AG Oil, Gas & Consumable Fuels 76   3,709
Raiffeisen Bank International AG Banks 65   1,527
Telekom Austria AG Diversified Telecommunication Services 53   401
Verbund AG Electric Utilities 35   1,833
Vienna Insurance Group AG Wiener Versicherung Gruppe Insurance 22   565
Voestalpine AG Metals & Mining 56   1,733
        16,664
Belgium 1.6%        
Ackermans & van Haaren NV Diversified Financial Services 11   1,652
Ageas Insurance 97   5,049
Anheuser-Busch InBev SA/NV Beverages 398   35,280
Colruyt SA Food & Staples Retailing 25   1,452
a Galapagos NV Biotechnology 23   2,971
Groupe Bruxelles Lambert SA Diversified Financial Services 38   3,734
KBC Groep NV Banks 140   9,190
Proximus SADP Diversified Telecommunication Services 67   1,978
Sofina SA Diversified Financial Services 9   1,718
Solvay SA Chemicals 36   3,735
Telenet Group Holding NV Media 23   1,283
UCB SA Pharmaceuticals 63   5,232
Umicore SA Chemicals 108   3,468
        76,742
Denmark 2.7%        
A.P. Moeller-Maersk AS, A Marine 2   2,325
A.P. Moeller-Maersk AS, B Marine 3   3,727
Ambu AS, B Health Care Equipment & Supplies 86   1,395
Carlsberg AS, B Beverages 54   7,170
Chr. Hansen Holding AS Chemicals 53   4,985
Coloplast AS, B Health Care Equipment & Supplies 68   7,696
Danske Bank AS Banks 342   5,414
DSV AS Road & Rail 91   8,950
a Genmab AS Biotechnology 29   5,341
GN Store Nord AS Health Care Equipment & Supplies 70   3,271
H. Lundbeck AS Pharmaceuticals 30   1,187
ISS AS Commercial Services & Supplies 93   2,811
Novo Nordisk AS, B Pharmaceuticals 854   43,586
Novozymes AS Chemicals 109   5,091
Orsted AS Electric Utilities 76   6,582
Pandora AS Textiles, Apparel & Luxury Goods 44   1,568
Rockwool International AS, B Building Products 3   767
a The Drilling Co. of 1972 AS Energy Equipment & Services 14   1,089
Tryg AS Insurance 59   1,921
Vestas Wind Systems AS Electrical Equipment 103   8,911
a William Demant Holding AS Health Care Equipment & Supplies 59   1,837
        125,624
Finland 1.9%        
Elisa OYJ Diversified Telecommunication Services 74   3,616
c Fortum OYJ, Reg S Electric Utilities 228   5,046
Huhtamaki OYJ Containers & Packaging 48   1,977
Kesko OYJ Food & Staples Retailing 38   2,117
Kone OYJ, B Machinery 201   11,880
Metso OYJ Machinery 56   2,203

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Neste Oil OYJ Oil, Gas & Consumable Fuels 213 7,238
Nokia OYJ, A Communications Equipment 2,881 14,324
a Nokian Renkaat OYJ Auto Components 66 2,064
Nordea Bank Abp Banks 1,632 11,872
Orion OYJ Pharmaceuticals 53 1,945
Sampo OYJ, A Insurance 253 11,957
Stora Enso OYJ, R Paper & Forest Products 296 3,484
UPM-Kymmene OYJ Paper & Forest Products 274 7,292
Wartsila OYJ ABP Machinery 241 3,501
      90,516
France 17.0%      
Accor SA Hotels, Restaurants & Leisure 101 4,342
a Adevinta ASA, A Interactive Media & Services 38 423
a Adevinta ASA, B Interactive Media & Services 74 816
Aeroports de Paris SA Transportation Infrastructure 14 2,474
a Air France-KLM Airlines 109 1,049
Air Liquide SA Chemicals 217 30,408
Airbus SE Aerospace & Defense 284 40,324
b ALD SA, 144A Road & Rail 46 721
Alstom SA Machinery 82 3,810
Amundi SA Capital Markets 32 2,237
ArcelorMittal Metals & Mining 306 5,484
Arkema SA Chemicals 37 3,446
Atos SE IT Services 46 3,851
AXA SA Insurance 994 26,148
Biomerieux Health Care Equipment & Supplies 23 1,908
BNP Paribas SA Banks 558 26,540
Bollore Air Freight & Logistics 519 2,293
Bouygues SA Construction & Engineering 109 4,043
Bureau Veritas SA Professional Services 141 3,488
Capgemini SE IT Services 79 9,838
Carrefour SA Food & Staples Retailing 285 5,511
Casino Guichard-Perrachon SA Food & Staples Retailing 30 1,025
Cie Generale des Etablissements Michelin SCA Auto Components 92 11,687
CNP Assurances Insurance 85 1,932
Compagnie de Saint-Gobain Building Products 249 9,719
  Equity Real Estate Investment Trusts    
Covivio (REITs) 25 2,621
Credit Agricole SA Banks 586 7,037
Danone SA Food Products 309 26,216
Dassault Aviation SA Aerospace & Defense 1 1,439
Dassault Systemes Software 69 11,024
Edenred Commercial Services & Supplies 126 6,437
EDF SA Electric Utilities 264 3,333
Eiffage SA Construction & Engineering 38 3,762
Elis SA Commercial Services & Supplies 94 1,707
Engie SA Multi-Utilities 851 12,928
EssilorLuxottica SA Textiles, Apparel & Luxury Goods 152 19,863
Eurazeo SE Diversified Financial Services 25 1,745
Eutelsat Communications SA Media 100 1,872
Faurecia SA Auto Components 36 1,673
  Equity Real Estate Investment Trusts    
Gecina SA (REITs) 28 4,196
Getlink SE Transportation Infrastructure 232 3,723
Hermes International Textiles, Apparel & Luxury Goods 16 11,556
  Equity Real Estate Investment Trusts    
ICADE (REITs) 18 1,652
Iliad SA Diversified Telecommunication Services 11 1,237
Imerys SA Construction Materials 19 1,009
  Electronic Equipment, Instruments &    
Ingenico Group SA Components 33 2,923
Ipsen SA Pharmaceuticals 17 2,323
JCDecaux SA Media 40 1,213

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Kering SA Textiles, Apparel & Luxury Goods 38 22,507
  Equity Real Estate Investment Trusts    
Klepierre SA (REITs) 102 3,424
L'Oreal SA Personal Products 125 35,659
Lagardere SCA Media 61 1,591
Legrand SA Electrical Equipment 138 10,105
LVMH Moet Hennessy Louis Vuitton SE Textiles, Apparel & Luxury Goods 128 54,560
Natixis SA Capital Markets 452 1,822
Orange SA Diversified Telecommunication Services 985 15,553
Orpea Health Care Providers & Services 22 2,658
Pernod Ricard SA Beverages 110 20,300
Peugeot SA Automobiles 279 6,885
Plastic Omnium SA Auto Components 29 757
Publicis Groupe Media 109 5,763
Remy Cointreau SA Beverages 14 2,022
Renault SA Automobiles 93 5,856
Rexel SA Trading Companies & Distributors 163 2,072
Rubis SCA Gas Utilities 48 2,707
Safran SA Aerospace & Defense 171 25,092
Sanofi Pharmaceuticals 560 48,410
Sartorius Stedim Biotech Life Sciences Tools & Services 12 1,895
Schneider Electric SE Electrical Equipment 272 24,706
SCOR SE Insurance 77 3,381
SEB SA Household Durables 13 2,341
Societe BIC SA Commercial Services & Supplies 13 993
Societe Generale SA Banks 376 9,514
Sodexo SA Hotels, Restaurants & Leisure 45 5,268
Suez Multi-Utilities 196 2,832
Teleperformance Professional Services 30 6,020
Thales SA Aerospace & Defense 52 6,434
Total SA Oil, Gas & Consumable Fuels 1,246 69,919
a UbiSoft Entertainment SA Entertainment 43 3,371
  Equity Real Estate Investment Trusts    
Unibail-Rodamco-Westfield (REITs) 69 10,353
Valeo SA Auto Components 125 4,071
Veolia Environnement SA Multi-Utilities 256 6,245
Vinci SA Construction & Engineering 240 24,614
Vivendi SA Media 500 13,785
Wendel SA Diversified Financial Services 15 2,048
a,c Worldline SA, Reg S IT Services 43 3,134
      803,673
Germany 13.0%      
1&1 Drillisch AG Wireless Telecommunication Services 23 768
Adidas AG Textiles, Apparel & Luxury Goods 101 31,228
Allianz SE Insurance 218 52,631
Aroundtown SA Real Estate Management & Development 361 2,979
Axel Springer SE Media 24 1,693
BASF SE Chemicals 473 34,431
Bayer AG Pharmaceuticals 483 33,519
Bayerische Motoren Werke AG Automobiles 168 12,453
Beiersdorf AG Personal Products 53 6,371
Brenntag AG Trading Companies & Distributors 80 3,946
Carl Zeiss Meditec AG Health Care Equipment & Supplies 20 1,976
Commerzbank AG Banks 542 3,900
Continental AG Auto Components 55 8,031
Covestro AG Chemicals 88 4,481
Daimler AG Automobiles 445 24,794
a Delivery Hero SE Internet & Direct Marketing Retail 55 2,498
Deutsche Bank AG Capital Markets 1,060 8,184
Deutsche Boerse AG Capital Markets 94 13,317
Deutsche Lufthansa AG Airlines 126 2,162
Deutsche Post AG Air Freight & Logistics 500 16,456
Deutsche Telekom AG Diversified Telecommunication Services 1,670 28,930

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Deutsche Wohnen AG Real Estate Management & Development 182 6,688
b DWS Group GmbH & Co. KGaA, 144A Capital Markets 21 736
E.ON SE Multi-Utilities 1,125 12,236
Evonik Industries AG Chemicals 91 2,654
Fielmann AG Specialty Retail 14 1,017
Fraport AG Frankfurt Airport Services Worldwide Transportation Infrastructure 21 1,808
Fresenius Medical Care AG & Co. KGaA Health Care Providers & Services 108 8,491
Fresenius SE and Co. KGaA Health Care Providers & Services 211 11,457
Fuchs Petrolub SE Chemicals 17 607
GEA Group AG Machinery 82 2,335
Grenkeleasing AG Consumer Finance 14 1,505
Hannover Rueck SE Insurance 31 5,020
Hapag-Lloyd AG Marine 12 526
HeidelbergCement AG Construction Materials 78 6,321
Hella GmbH & Co. KGaA Auto Components 24 1,188
Henkel AG & Co. KGaA Household Products 51 4,690
Hochtief AG Construction & Engineering 11 1,342
Hugo Boss AG Textiles, Apparel & Luxury Goods 36 2,398
  Semiconductors & Semiconductor    
Infineon Technologies AG Equipment 643 11,386
Innogy SE Multi-Utilities 66 2,830
K+S AG Chemicals 98 1,828
KION Group AG Machinery 35 2,210
Knorr-Bremse AG Machinery 25 2,790
Lanxess AG Chemicals 50 2,976
LEG Immobilien AG Real Estate Management & Development 32 3,615
Merck KGaA Pharmaceuticals 67 7,017
METRO AG Food & Staples Retailing 86 1,574
MTU Aero Engines AG Aerospace & Defense 26 6,203
Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in      
                  Muenchen Insurance 73 18,347
Osram Licht AG Electrical Equipment 46 1,517
ProSiebenSat.1 Media SE Media 112 1,762
Puma SE Textiles, Apparel & Luxury Goods 40 2,672
Rational AG Machinery 1 690
Rheinmetall AG Industrial Conglomerates 22 2,697
     a,b Rocket Internet SE, 144A Internet & Direct Marketing Retail 34 982
RWE AG Multi-Utilities 275 6,786
SAP SE Software 500 68,761
c Scout24 AG, Reg S Interactive Media & Services 56 2,979
Siemens AG Industrial Conglomerates 391 46,575
Siemens Healthineers AG Health Care Equipment & Supplies 67 2,831
Suedzucker AG Food Products 42 712
Symrise AG Chemicals 65 6,265
a Talanx AG Insurance 17 738
Telefonica Deutschland Holding AG Diversified Telecommunication Services 351 982
thyssenkrupp AG Metals & Mining 244 3,564
TUI AG Hotels, Restaurants & Leisure 219 2,153
  Independent Power and Renewable    
Uniper SE Electricity Producers 98 2,972
United Internet AG Diversified Telecommunication Services 59 1,946
Volkswagen AG Automobiles 17 2,926
Vonovia SE Real Estate Management & Development 269 12,866
Wacker Chemie AG Chemicals 8 634
Wirecard AG IT Services 59 9,947
           a,b Zalando SE, 144A Internet & Direct Marketing Retail 72 3,199
      613,699
Ireland 0.8%      
AIB Group PLC Banks 402 1,646
Bank of Ireland Group PLC Banks 456 2,387
CRH PLC Construction Materials 413 13,466
Flutter Entertainment PLC Hotels, Restaurants & Leisure 40 3,018
Glanbia PLC Food Products 99 1,615

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Kerry Group PLC Food Products 76 9,088
Kingspan Group PLC Building Products 79 4,297
Smurfit Kappa Group PLC Containers & Packaging 124 3,759
      39,276
Italy 3.6%      
A2A SpA Multi-Utilities 819 1,423
Assicurazioni Generali SpA Insurance 676 12,748
Atlantia SpA Transportation Infrastructure 273 7,123
Banca Mediolanum SpA Diversified Financial Services 130 959
a Banco BPM SpA Banks 762 1,553
Buzzi Unicem SpA Construction Materials 31 630
Buzzi Unicem SpA, di Risp Construction Materials 23 323
Davide Campari-Milano SpA Beverages 297 2,914
DiaSorin SpA Health Care Equipment & Supplies 12 1,395
Enel SpA Electric Utilities 4,032 28,193
Eni SpA Oil, Gas & Consumable Fuels 1,293 21,507
Ferrari NV Automobiles 65 10,570
FinecoBank Banca Fineco SpA Banks 256 2,860
Hera SpA Multi-Utilities 400 1,532
Intesa Sanpaolo SpA Banks 7,688 16,477
Italgas Reti SpA Gas Utilities 251 1,689
Leonardo SpA Aerospace & Defense 198 2,513
a Mediaset SpA Media 178 583
Mediobanca Banca di Credito Finanziario SpA Banks 362 3,737
Moncler SpA Textiles, Apparel & Luxury Goods 98 4,196
Pirelli & C SpA Auto Components 231 1,367
c Poste Italiane SpA, Reg S Insurance 235 2,478
Prysmian SpA Electrical Equipment 139 2,873
Recordati SpA Pharmaceuticals 50 2,087
a Saipem SpA Energy Equipment & Services 299 1,490
Salvatore Ferragamo SpA Textiles, Apparel & Luxury Goods 39 932
Snam SpA Oil, Gas & Consumable Fuels 1,166 5,804
Telecom Italia SpA, di Risp Diversified Telecommunication Services 3,158 1,640
a Telecom Italia SpA/Milano Diversified Telecommunication Services 5,591 3,058
Tenaris SA Energy Equipment & Services 244 3,198
Terna Rete Elettrica Nazionale SpA Electric Utilities 717 4,573
UniCredit SpA Banks 1,151 14,190
Unione di Banche Italiane SpA Banks 451 1,233
UnipolSai Assicurazioni SpA Insurance 385 991
      168,839
Kazakhstan 0.0%†      
KAZ Minerals PLC Metals & Mining 118 907
 
Luxembourg 0.1%      
Eurofins Scientific SE Life Sciences Tools & Services 5 2,215
RTL Group SA Media 21 1,077
SES SA, IDR Media 188 2,944
      6,236
Netherlands 4.2%      
Aalberts NV Machinery 52 2,047
ABN AMRO Group NV, GDR Banks 209 4,478
a Adyen NV IT Services 5 3,864
Aegon NV Insurance 877 4,372
Akzo Nobel NV Chemicals 118 11,105
  Semiconductors & Semiconductor    
ASML Holding NV Equipment 203 42,476
ASR Nederland NV Insurance 71 2,891
Boskalis Westminster Construction & Engineering 45 1,041
EXOR NV Diversified Financial Services 56 3,928
Grandvision NV Specialty Retail 27 629
Heineken Holding NV Beverages 54 5,676
Heineken NV Beverages 121 13,523

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
ING Groep NV Banks 2,015 23,397
Koninklijke Ahold Delhaize NV Food & Staples Retailing 587 13,221
Koninklijke DSM NV Chemicals 90 11,141
Koninklijke KPN NV Diversified Telecommunication Services 1,702 5,233
Koninklijke Philips NV Health Care Equipment & Supplies 473 20,569
Koninklijke Vopak NV Oil, Gas & Consumable Fuels 36 1,662
NN Group NV Insurance 177 7,136
a OCI NV Chemicals 50 1,375
a QIAGEN NV Life Sciences Tools & Services 115 4,674
Randstad NV Professional Services 60 3,300
Signify NV Electrical Equipment 51 1,510
Wolters Kluwer NV Professional Services 139 10,134
      199,382
Norway 1.1%      
Aker ASA Diversified Financial Services 13 748
Aker BP ASA Oil, Gas & Consumable Fuels 55 1,578
DNB ASA Banks 547 10,182
Equinor ASA Oil, Gas & Consumable Fuels 505 9,977
Gjensidige Forsikring ASA Insurance 84 1,692
Leroy Seafood Group ASA Food Products 140 927
a Mowi ASA Food Products 224 5,240
Norsk Hydro ASA Metals & Mining 717 2,565
Orkla ASA Food Products 415 3,684
Salmar ASA Food Products 26 1,131
Schibsted ASA, A Media 38 1,049
Schibsted ASA, B Media 49 1,278
Telenor ASA Diversified Telecommunication Services 337 7,158
Yara International ASA Chemicals 93 4,514
      51,723
Poland 0.6%      
Bank Pekao SA Banks 82 2,458
CD Projekt SA Entertainment 33 1,905
Cyfrowy Polsat SA Media 158 1,261
a Dino Polska SA Food & Staples Retailing 22 772
Grupa Lotos SA Oil, Gas & Consumable Fuels 52 1,181
a KGHM Polska Miedz SA Metals & Mining 71 1,971
mBank SA Banks 7 807
a PGE Polska Grupa Energetyczna SA Electric Utilities 353 908
Polski Koncern Naftowy Orlen SA Oil, Gas & Consumable Fuels 159 3,837
Polskie Gornictwo Naftowe i Gazownictwo SA Oil, Gas & Consumable Fuels 897 1,277
Powszechna Kasa Oszczednosci Bank Polski SA Banks 427 4,903
Powszechny Zalkad Ubezpieczen SA Insurance 288 3,372
Santander Bank Polska SA Banks 16 1,591
      26,243
Portugal 0.2%      
EDP- Energias de Portugal SA Electric Utilities 1,147 4,365
Galp Energia SGPS SA, B Oil, Gas & Consumable Fuels 267 4,113
Jeronimo Martins SGPS SA Food & Staples Retailing 128 2,065
      10,543
Russia 0.1%      
Veon Ltd. Wireless Telecommunication Services 340 972
Evraz PLC Metals & Mining 281 2,379
Polymetal International PLC Metals & Mining 144 1,827
      5,178
South Africa 0.0%†      
Investec PLC Capital Markets 325 2,114
 
Spain 4.7%      
Acciona SA Electric Utilities 11 1,183
Acerinox SA Metals & Mining 75 754
ACS Actividades de Construccion y Servicios SA Construction & Engineering 123 4,918

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
a ACS Actividades de Construccion y Servicios SA, rts., 7/08/19 Construction & Engineering 123 193
Aena SME SA Transportation Infrastructure 36 7,146
Amadeus IT Group SA, A IT Services 211 16,738
Banco Bilbao Vizcaya Argentaria SA Banks 3,437 19,245
Banco de Sabadell SA Banks 2,921 3,030
Banco Santander SA Banks 8,288 38,513
Bankia SA Banks 580 1,373
Bankinter SA Banks 350 2,415
CaixaBank SA Banks 1,845 5,291
a Cellnex Telecom SA Diversified Telecommunication Services 112 4,150
Corporacion Financiera Alba SA Diversified Financial Services 12 630
Corporacion Mapfre SA Insurance 505 1,479
  Independent Power and Renewable    
EDP Renovaveis SA Electricity Producers 80 822
Enagas SA Oil, Gas & Consumable Fuels 114 3,047
Endesa SA Electric Utilities 158 4,068
Ferrovial SA Construction & Engineering 242 6,203
Fomento de Construcciones y Contratas SA Construction & Engineering 33 440
Grifols SA Biotechnology 172 5,093
Iberdrola SA Electric Utilities 3,146 31,406
Industria de Diseno Textil SA Specialty Retail 544 16,386
  Equity Real Estate Investment Trusts    
Inmobiliaria Colonial SA (REITs) 153 1,707
  Equity Real Estate Investment Trusts    
Merlin Properties Socimi SA (REITs) 169 2,348
Naturgy Energy Group SA Gas Utilities 158 4,360
Red Electrica Corp. SA Electric Utilities 222 4,630
Repsol SA Oil, Gas & Consumable Fuels 699 10,973
a Repsol SA, rts., 7/4/19 Oil, Gas & Consumable Fuels 688 382
Siemens Gamesa Renewable Energy SA Electrical Equipment 113 1,881
Telefonica SA Diversified Telecommunication Services 2,343 19,267
Zardoya Otis SA Machinery 77 586
      220,657
Sweden 4.2%      
Alfa Laval AB Machinery 166 3,625
Assa Abloy AB, B Building Products 475 10,746
Atlas Copco AB Machinery 200 5,742
Atlas Copco AB, A Machinery 328 10,492
Boliden AB Metals & Mining 138 3,532
Castellum AB Real Estate Management & Development 144 2,756
Electrolux AB, B Household Durables 126 3,223
Elekta AB, B Health Care Equipment & Supplies 178 2,584
Epiroc AB, A Machinery 317 3,303
Epiroc AB, B Machinery 199 1,973
Ericsson, B Communications Equipment 1,547 14,689
Essity AB, B Household Products 317 9,751
a Fastighets AB Balder, B Real Estate Management & Development 46 1,542
Hennes & Mauritz AB, B Specialty Retail 456 8,127
  Electronic Equipment, Instruments &    
Hexagon AB, B Components 128 7,113
Husqvarna AB, B Household Durables 217 2,031
ICA Gruppen AB Food & Staples Retailing 40 1,721
Industrivarden AB, A Diversified Financial Services 121 2,762
Industrivarden AB, C Diversified Financial Services 83 1,841
Investment AB Latour, B Industrial Conglomerates 63 930
Investor AB, A Diversified Financial Services 70 3,363
Investor AB, B Diversified Financial Services 238 11,443
Kinnevik AB, B Diversified Financial Services 123 3,202
L E Lundbergforetagen AB, B Diversified Financial Services 40 1,499
Lundin Petroleum AB Oil, Gas & Consumable Fuels 91 2,824
Nibe Industrier AB Building Products 150 2,198
Saab AB, B Aerospace & Defense 48 1,563
Sandvik AB Machinery 549 10,095

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Securitas AB, B Commercial Services & Supplies 157 2,756
Skandinaviska Enskilda Banken AB, A Banks 730 6,760
Skandinaviska Enskilda Banken AB, C Banks 12 112
Skanska AB, B Construction & Engineering 182 3,290
SKF AB, B Machinery 189 3,478
Svenska Cellulosa AB, A Paper & Forest Products 12 122
Svenska Cellulosa AB, B Paper & Forest Products 293 2,548
Svenska Handelsbanken AB, A Banks 763 7,556
Svenska Handelsbanken AB, B Banks 18 184
Swedbank AB, A Banks 510 7,665
Swedish Match AB Tobacco 88 3,718
a Swedish Orphan Biovitrum AB Biotechnology 89 1,716
Tele2 AB, B Wireless Telecommunication Services 273 3,987
Telefonaktiebolaget LM Ericsson, A Communications Equipment 19 180
Telia Co. AB Diversified Telecommunication Services 1,365 6,067
Trelleborg AB, B Machinery 121 1,720
Volvo AB, B Machinery 774 12,292
      198,821
Switzerland 14.9%      
ABB Ltd. Electrical Equipment 925 18,585
Adecco Group AG Professional Services 81 4,873
a Alcon Inc. Health Care Equipment & Supplies 238 14,715
Baloise Holding AG Insurance 24 4,254
Banque Cantonale Vaudoise Banks 1 779
Barry Callebaut AG Food Products 1 2,008
Chocoladefabriken Lindt & Spruengli AG Food Products 1 7,287
a Clariant AG Chemicals 98 1,995
a Coca-Cola HBC AG Beverages 103 3,896
Compagnie Financiere Richemont SA Textiles, Apparel & Luxury Goods 264 22,431
a Credit Suisse Group AG Capital Markets 1,303 15,643
DKSH Holding AG Professional Services 18 1,056
a Dufry AG Specialty Retail 16 1,357
EMS-Chemie Holding AG Chemicals 3 1,949
Flughafen Zurich AG Transportation Infrastructure 11 2,074
Geberit AG Building Products 18 8,418
Georg Fischer AG Machinery 2 1,914
Givaudan AG Chemicals 5 14,133
Glencore PLC Metals & Mining 5,750 20,004
Helvetia Holding AG Insurance 17 2,136
a Julius Baer Group Ltd. Capital Markets 112 4,992
Kuehne + Nagel International AG Marine 25 3,715
a LafargeHolcim Ltd., B Construction Materials 243 11,881
  Technology Hardware, Storage &    
Logitech International SA Peripherals 76 3,041
a Lonza Group AG Life Sciences Tools & Services 38 12,838
Nestle SA Food Products 1,537 159,312
Novartis AG Pharmaceuticals 1,127 103,106
a OC Oerlikon Corp. AG Machinery 103 1,259
Pargesa Holding SA, B Diversified Financial Services 20 1,544
Partners Group Holding AG Capital Markets 8 6,293
PSP Swiss Property AG Real Estate Management & Development 20 2,341
Roche Holding AG Pharmaceuticals 13 3,648
Roche Holding AG Pharmaceuticals 359 101,128
Schindler Holding AG Machinery 11 2,405
Schindler Holding AG, PC Machinery 21 4,680
SGS SA Professional Services 3 7,652
Sika AG Chemicals 72 12,303
Sonova Holding AG Health Care Equipment & Supplies 27 6,142
  Semiconductors & Semiconductor    
STMicroelectronics NV Equipment 326 5,791
Straumann Holding AG Health Care Equipment & Supplies 5 4,417
Sulzer AG Machinery 10 1,094
Swatch Group AG Textiles, Apparel & Luxury Goods 15 4,300

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Swatch Group AG Textiles, Apparel & Luxury Goods 24 1,301
Swiss Life Holding AG Insurance 17 8,435
a Swiss Prime Site AG Real Estate Management & Development 37 3,235
Swiss Re AG Insurance 154 15,675
Swisscom AG Diversified Telecommunication Services 13 6,535
a Temenos AG Software 31 5,553
a UBS Group AG Capital Markets 1,797 21,380
Vifor Pharma AG Pharmaceuticals 22 3,183
Zurich Insurance Group AG Insurance 76 26,495
      705,181
United Arab Emirates 0.0%†      
NMC Health PLC Health Care Providers & Services 48 1,468
 
United Kingdom 26.4%      
3i Group PLC Capital Markets 491 6,958
Admiral Group PLC Insurance 103 2,894
Anglo American PLC Metals & Mining 509 14,540
Antofagasta PLC Metals & Mining 179 2,118
Ashmore Group PLC Capital Markets 192 1,245
Ashtead Group PLC Trading Companies & Distributors 240 6,885
Associated British Foods PLC Food Products 179 5,611
AstraZeneca PLC Pharmaceuticals 679 55,635
Auto Trader Group PLC Interactive Media & Services 473 3,298
Aveva Group PLC Software 33 1,698
Aviva PLC Insurance 2,017 10,692
B&M European Value Retail SA Multiline Retail 414 1,756
Babcock International Group PLC Commercial Services & Supplies 132 770
BAE Systems PLC Aerospace & Defense 1,657 10,447
Barclays PLC Banks 8,919 17,004
Barratt Developments PLC Household Durables 515 3,753
Bellway PLC Household Durables 64 2,268
BHP Group PLC Metals & Mining 1,075 27,568
BP PLC Oil, Gas & Consumable Fuels 10,281 71,782
British American Tobacco PLC Tobacco 1,180 41,284
  Equity Real Estate Investment Trusts    
British Land Co. PLC (REITs) 492 3,371
BT Group PLC Diversified Telecommunication Services 4,307 10,769
Bunzl PLC Trading Companies & Distributors 174 4,599
Burberry Group PLC Textiles, Apparel & Luxury Goods 210 4,976
Capital & Counties Properties PLC Real Estate Management & Development 359 990
Centrica PLC Multi-Utilities 2,949 3,295
Cineworld Group PLC Entertainment 531 1,712
CNH Industrial NV Machinery 509 5,227
a Cobham PLC Aerospace & Defense 1,261 1,710
Compass Group PLC Hotels, Restaurants & Leisure 817 19,621
ConvaTec Group PLC Health Care Equipment & Supplies 758 1,406
Croda International PLC Chemicals 66 4,301
CYBG PLC Banks 641 1,569
DCC PLC Industrial Conglomerates 52 4,646
  Equity Real Estate Investment Trusts    
Derwent London PLC (REITs) 52 2,062
Diageo PLC Beverages 1,200 51,682
Direct Line Insurance Group PLC Insurance 708 2,990
DS Smith PLC Containers & Packaging 675 3,114
easyJet PLC Airlines 95 1,152
Experian PLC Professional Services 468 14,200
a Ferguson PLC Trading Companies & Distributors 120 8,553
Fiat Chrysler Automobiles NV Automobiles 573 8,004
Fresnillo PLC Metals & Mining 93 1,030
G4S PLC Commercial Services & Supplies 828 2,192
GlaxoSmithKline PLC Pharmaceuticals 2,522 50,605
GVC Holdings PLC Hotels, Restaurants & Leisure 290 2,406

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
  Electronic Equipment, Instruments &    
Halma PLC Components 196 5,039
  Equity Real Estate Investment Trusts    
Hammerson PLC (REITs) 399 1,407
Hargreaves Lansdown PLC Capital Markets 142 3,468
Hikma Pharmaceuticals PLC Pharmaceuticals 73 1,600
Hiscox Ltd. Insurance 142 3,058
Howden Joinery Group PLC Trading Companies & Distributors 318 2,052
HSBC Holdings PLC Banks 10,451 87,374
IMI PLC Machinery 136 1,797
Imperial Brands PLC Tobacco 489 11,494
Inchcape PLC Distributors 212 1,662
Informa PLC Media 645 6,854
InterContinental Hotels Group PLC Hotels, Restaurants & Leisure 92 6,056
International Consolidated Airlines Group SA Airlines 381 2,312
Intertek Group PLC Professional Services 85 5,952
ITV PLC Media 1,936 2,661
J Sainsbury PLC Food & Staples Retailing 810 2,020
JD Sports Fashion PLC Specialty Retail 190 1,418
John Wood Group PLC Energy Equipment & Services 328 1,887
Johnson Matthey PLC Chemicals 100 4,237
a Just Eat PLC Internet & Direct Marketing Retail 305 2,426
Jyske Bank AS Banks 36 1,250
Kingfisher PLC Specialty Retail 1,076 2,943
  Equity Real Estate Investment Trusts    
Land Securities Group PLC (REITs) 364 3,860
Legal & General Group PLC Insurance 3,032 10,399
Lloyds Banking Group PLC Banks 36,276 26,127
London Stock Exchange Group PLC Capital Markets 161 11,241
Marks & Spencer Group PLC Multiline Retail 1,027 2,754
Mediclinic International PLC Health Care Providers & Services 201 780
Meggitt PLC Aerospace & Defense 396 2,641
Melrose Industries PLC Electrical Equipment 2,510 5,777
Merlin Entertainments PLC Hotels, Restaurants & Leisure 351 2,006
Micro Focus International PLC Software 177 4,649
Mondi PLC Paper & Forest Products 181 4,123
National Grid PLC Multi-Utilities 1,752 18,636
Next PLC Multiline Retail 69 4,853
a Ocado Group PLC Internet & Direct Marketing Retail 226 3,357
Pearson PLC Media 403 4,203
Pennon Group PLC Water Utilities 218 2,061
Persimmon PLC Household Durables 164 4,168
Phoenix Group Holdings PLC Insurance 264 2,382
Prudential PLC Insurance 1,338 29,221
Quilter PLC Capital Markets 989 1,767
Reckitt Benckiser Group PLC Household Products 324 25,624
RELX PLC Professional Services 979 23,792
  Electronic Equipment, Instruments &    
Renishaw PLC Components 19 1,030
Rentokil Initial PLC Commercial Services & Supplies 942 4,766
Rightmove PLC Interactive Media & Services 502 3,416
Rolls-Royce Holdings PLC Aerospace & Defense 867 9,273
Royal Bank of Scotland Group PLC Banks 2,300 6,434
Royal Dutch Shell PLC, A Oil, Gas & Consumable Fuels 2,247 73,567
Royal Dutch Shell PLC, B Oil, Gas & Consumable Fuels 1,945 63,890
Royal Mail PLC Air Freight & Logistics 446 1,203
RPC Group PLC Containers & Packaging 201 2,028
RSA Insurance Group PLC Insurance 520 3,817
Schroders PLC Capital Markets 59 2,290
  Equity Real Estate Investment Trusts    
Segro PLC (REITs) 562 5,223
Severn Trent PLC Water Utilities 123 3,206
Smith & Nephew PLC Health Care Equipment & Supplies 457 9,917
Smiths Group PLC Industrial Conglomerates 204 4,063

 

 

    FRANKLIN TEMPLETON ETF TRUST  
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)  
 
 
 
 
Spirax-Sarco Engineering PLC Machinery 38 4,442  
SSE PLC Electric Utilities 531 7,582  
St. James's Place Capital PLC Capital Markets 267 3,731  
Standard Chartered PLC Banks 1,402 12,744  
Standard Life Aberdeen PLC Capital Markets 1,217 4,563  
Subsea 7 SA Energy Equipment & Services 125 1,505  
Tate & Lyle PLC Food Products 250 2,349  
Taylor Wimpey PLC Household Durables 1,669 3,351  
TechnipFMC PLC Energy Equipment & Services 236 6,074  
Tesco PLC Food & Staples Retailing 4,967 14,331  
The Berkeley Group Holdings PLC Household Durables 62 2,944  
The Sage Group PLC Software 554 5,657  
Travis Perkins PLC Trading Companies & Distributors 125 2,028  
Unilever NV, IDR Personal Products 753 45,929  
Unilever PLC Personal Products 560 34,884  
United Utilities Group PLC Water Utilities 357 3,557  
Vodafone Group PLC Wireless Telecommunication Services 13,879 22,843  
Weir Group PLC Machinery 138 2,716  
Whitbread PLC Hotels, Restaurants & Leisure 90 5,302  
William Morrison Supermarkets PLC Food & Staples Retailing 1,143 2,930  
WPP PLC Media 631 7,952  
      1,249,313  
United States 0.1%        
Carnival PLC Hotels, Restaurants & Leisure 85 3,764  
 
Total Common Stocks and Other Equity Interests (Cost $5,226,538)   4,651,844  
Preferred Stocks 0.9%        
Germany 0.8%        
d Bayerische Motoren Werke AG, 6.447%, pfd. Automobiles 28 1,741  
d Fuchs Petrolub SE, 2.747%, pfd. Chemicals 34 1,339  
d Henkel AG & Co. KGaA, 2.151%, pfd. Household Products 90 8,816  
d Porsche Automobil Holding SE, 3.868%, pfd. Automobiles 80 5,206  
d RWE AG, 3.218%, pfd. Multi-Utilities 19 471  
d Sartorius AG, 0.344%, pfd. Health Care Equipment & Supplies 17 3,490  
d Volkswagen AG, 3.279%, pfd. Automobiles 95 16,035  
      37,098  
Spain 0.1%        
d Grifols SA, 1.940%, pfd., B Biotechnology 140 2,918  
 
Total Preferred Stocks (Cost $50,851)     40,016  
Short Term Investments (Cost $36,112) 0.8%        
United States 0.8%        
e,f Institutional Fiduciary Trust Portfolio, 2.05%   36,112 36,112  
 
Total Investments (Cost $5,313,501) 100.1%     4,727,972  
 
Other Assets, less Liabilities (0.1)%     (2,409 )
Net Assets 100.0%   $ 4,725,563  

 

†Rounds to less than 0.1% of net assets.
aNon-income producing.
bSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified
institutional buyers or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by
the Fund's Board of Trustees. At June 30, 2019, the aggregate value of these securities was $5,638, representing 0.1% of net assets.
cSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. These securities have been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June
30, 2019, the aggregate value of these securities was $13,637, representing 0.3% of net assets.
dVariable rate security. The rate shown represents the yield at period end.
eSee Note 5 regarding investments in affiliated management investment companies.
fThe rate shown is the annualized seven-day effective yield at period end.

 

FRANKLIN TEMPLETON ETF TRUST                    
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)                
 
 
 
At June 30, 2019 the Fund had the following forward exchange contracts outstanding. See Note 3.            
 
Forward Exchange Contracts                    
 
          Contract Settlement   Unrealized   Unrealized  
Currency Counterpartya Type Quantity   Amount Date   Appreciation   Depreciation  
OTC Forward Exchange Contracts                    
Danish Krone BOFA Buy 836,350 $ 127,603 7/02/19 $ 6 $ —  
Danish Krone BOFA Sell 836,350   125,131 7/02/19   —   (2,478 )
Euro BOFA Buy 673,150   766,560 7/02/19   23   —  
Euro HSBK Buy 673,150   766,572 7/02/19   12   —  
Euro UBSW Buy 673,150   766,568 7/02/19   16   —  
Euro HSBK Sell 673,150   751,913 7/02/19   —   (14,670 )
Euro BOFA Sell 673,150   751,896 7/02/19   —   (14,688 )
Euro UBSW Sell 673,150   751,896 7/02/19   —   (14,687 )
Great British Pound BOFA Buy 1,001,050   1,273,998 7/02/19   38   —  
Great British Pound BOFA Sell 1,001,050   1,263,617 7/02/19   —   (10,419 )
Norwegian Krone BOFA Buy 465,950   54,647 7/02/19   3   —  
Norwegian Krone BOFA Sell 465,950   53,284 7/02/19   —   (1,366 )
Polish Zloty BOFA Buy 99,235   26,608 7/02/19   2   —  
Polish Zloty BOFA Sell 99,235   25,853 7/02/19   —   (757 )
Swedish Krona BOFA Buy 1,788,260   192,728 7/02/19   10   —  
Swedish Krona BOFA Sell 1,788,260   188,314 7/02/19   —   (4,423 )
Swiss Franc MSCO Buy 650,865   667,537 7/02/19   16   —  
Swiss Franc MSCO Sell 650,865   648,925 7/02/19   —   (18,629 )
Danish Krone BOFA Sell 841,600   128,755 8/02/19   —   (7 )
Euro HSBK Sell 686,180   783,407 8/02/19   —   (12 )
Euro BOFA Sell 686,180   783,400 8/02/19   —   (19 )
Euro UBSW Sell 686,180   783,400 8/02/19   —   (19 )
Great British Pound BOFA Sell 1,009,360   1,286,563 8/02/19   —   (49 )
Norwegian Krone BOFA Sell 469,710   55,145 8/02/19   —   (4 )
Polish Zloty BOFA Sell 102,650   27,546 8/02/19   —   (3 )
Swedish Krona BOFA Sell 1,863,525   201,312 8/02/19   —   (13 )
Swiss Franc MSCO Sell 665,740   684,964 8/05/19   —   (25 )
Total Forward Exchange Contracts           $ 126 $ (82,268 )
Net unrealized appreciation (depreciation)               $ (82,142 )
aMay be comprised of multiple contracts with the same counterparty, currency and settlement date.            
 
At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.            
 
 
Futures Contracts                      
 
 
                Value/Unrealized    
      Number of   Notional Expiration   Appreciation    
Description   Type Contracts   Amount* Date   (Depreciation)    
Equity Contracts                      
EURO STOXX 50 Index   Long 1 $ 39,471 9/20/19   $ 238    
*As of period end.                      
 
Abbreviations                      

 

 

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

Selected Portfolio

BOFA - Bank of America Corp.
GDR - Global Depositary Receipt
HSBK - HSBC Bank PLC
IDR - International Depositary Receipt
MSCO - Morgan Stanley
REIT - Real Estate Investment Trust
UBSW - UBS AG

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE France ETF Industry Shares   Value
Common Stocks 99.8%        
France 97.6%        
Accor SA Hotels, Restaurants & Leisure 480 $ 20,635
Aeroports de Paris SA Transportation Infrastructure 69   12,195
a Air France-KLM Airlines 471   4,533
Air Liquide SA Chemicals 1,026   143,773
Airbus SE Aerospace & Defense 1,341   190,403
b ALD SA, 144A Road & Rail 204   3,197
Alstom SA Machinery 378   17,563
Amundi SA Capital Markets 138   9,649
Arkema SA Chemicals 174   16,205
Atos SE IT Services 225   18,838
AXA SA Insurance 4,677   123,034
Biomerieux Health Care Equipment & Supplies 99   8,213
BNP Paribas SA Banks 2,634   125,278
Bollore Air Freight & Logistics 2,414   10,666
Bouygues SA Construction & Engineering 504   18,694
Bureau Veritas SA Professional Services 672   16,622
Capgemini SE IT Services 378   47,072
Carrefour SA Food & Staples Retailing 1,362   26,337
Casino Guichard-Perrachon SA Food & Staples Retailing 132   4,510
Cie Generale des Etablissements Michelin SCA Auto Components 429   54,497
CNP Assurances Insurance 390   8,865
Compagnie de Saint-Gobain Building Products 1,185   46,253
  Equity Real Estate Investment Trusts      
Covivio (REITs) 108   11,321
Credit Agricole SA Banks 2,793   33,540
Danone SA Food Products 1,455   123,443
Dassault Aviation SA Aerospace & Defense 6   8,637
Dassault Systemes Software 321   51,287
Edenred Commercial Services & Supplies 579   29,579
EDF SA Electric Utilities 1,223   15,439
Eiffage SA Construction & Engineering 180   17,821
Elis SA Commercial Services & Supplies 465   8,446
Engie SA Multi-Utilities 4,032   61,252
EssilorLuxottica SA Textiles, Apparel & Luxury Goods 714   93,304
Eurazeo SE Diversified Financial Services 117   8,168
Eutelsat Communications SA Media 450   8,425
Faurecia SA Auto Components 177   8,226
  Equity Real Estate Investment Trusts      
Gecina SA (REITs) 126   18,883
Getlink SE Transportation Infrastructure 1,101   17,666
Hermes International Textiles, Apparel & Luxury Goods 75   54,167
  Equity Real Estate Investment Trusts      
ICADE (REITs) 78   7,159
Iliad SA Diversified Telecommunication Services 57   6,411
Imerys SA Construction Materials 90   4,778
  Electronic Equipment, Instruments &      
Ingenico Group SA Components 150   13,286
Ipsen SA Pharmaceuticals 84   11,479
JCDecaux SA Media 177   5,370
Kering SA Textiles, Apparel & Luxury Goods 180   106,612
  Equity Real Estate Investment Trusts      
Klepierre SA (REITs) 465   15,611
L'Oreal SA Personal Products 585   166,883
Lagardere SCA Media 279   7,276
Legrand SA Electrical Equipment 648   47,450
LVMH Moet Hennessy Louis Vuitton SE Textiles, Apparel & Luxury Goods 606   258,309
Natixis SA Capital Markets 2,043   8,234
Orange SA Diversified Telecommunication Services 4,656   73,516
Orpea Health Care Providers & Services 111   13,412

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
 
Pernod Ricard SA Beverages 516   95,224
Peugeot SA Automobiles 1,320   32,575
Plastic Omnium SA Auto Components 132   3,447
Publicis Groupe Media 510   26,966
Remy Cointreau SA Beverages 60   8,664
Renault SA Automobiles 447   28,145
Rexel SA Trading Companies & Distributors 744   9,460
Rubis SCA Gas Utilities 216   12,181
Safran SA Aerospace & Defense 801   117,534
Sanofi Pharmaceuticals 2,637   227,959
Sartorius Stedim Biotech Life Sciences Tools & Services 57   9,003
Schneider Electric SE Electrical Equipment 1,275   115,809
SCOR SE Insurance 363   15,940
SEB SA Household Durables 66   11,883
Societe BIC SA Commercial Services & Supplies 63   4,810
Societe Generale SA Banks 1,758   44,485
Sodexo SA Hotels, Restaurants & Leisure 213   24,936
Suez Multi-Utilities 897   12,963
Teleperformance Professional Services 141   28,293
Thales SA Aerospace & Defense 243   30,067
Total SA Oil, Gas & Consumable Fuels 5,877   329,784
a UbiSoft Entertainment SA Entertainment 207   16,228
Valeo SA Auto Components 579   18,858
Veolia Environnement SA Multi-Utilities 1,224   29,857
Vinci SA Construction & Engineering 1,131   115,996
Vivendi SA Media 2,352   64,845
Wendel SA Diversified Financial Services 69   9,421
             a,c Worldline SA, Reg S IT Services 201   14,650
        3,702,405
Luxembourg 0.7%        
Eurofins Scientific SE Life Sciences Tools & Services 27   11,961
SES SA, IDR Media 858   13,435
        25,396
Switzerland 0.7%        
  Semiconductors & Semiconductor      
STMicroelectronics NV Equipment 1,539   27,341
 
United Kingdom 0.8%        
TechnipFMC PLC Energy Equipment & Services 1,113   28,645
 
Total Investments (Cost $3,742,081) 99.8%       3,783,787
 
Other Assets, less Liabilities 0.2%       9,401
Net Assets 100.0%     $ 3,793,188

 

aNon-income producing. bSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified institutional buyers or in a public offering registered under the Securities Act of 1933. This security has been deemed liquid under guidelines approved by the Trust's Board of Trustees. At June 30, 2019, the value of this security was $3,197, representing 0.1% of net assets. cSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. This security has been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June 30, 2019, the value of this security was $14,650, representing 0.4% of net assets.

 

                FRANKLIN TEMPLETON ETF TRUST
          STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.      
 
 
Futures Contracts              
 
 
              Value/Unrealized
      Number of Notional Expiration   Appreciation
Description Type Contracts Amount* Date   (Depreciation)
Equity Contracts              
CAC40 Mini Long 1 $ 6,301 7/19/19 $ 22
*As of period end.              
 
Abbreviations              
 
Selected Portfolio              
 
IDR - International Depositary Receipt              
REIT - Real Estate Investment Trust              

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Germany ETF Industry Shares   Value
Common Stocks 94.0%        
Germany 93.2%        
1&1 Drillisch AG Wireless Telecommunication Services 160 $ 5,342
Adidas AG Textiles, Apparel & Luxury Goods 672   207,772
Allianz SE Insurance 1,448   349,584
Aroundtown SA Real Estate Management & Development 2,304   19,012
Axel Springer SE Media 156   11,006
BASF SE Chemicals 3,136   228,276
Bayer AG Pharmaceuticals 3,200   222,075
Bayerische Motoren Werke AG Automobiles 1,100   81,537
Beiersdorf AG Personal Products 344   41,349
Brenntag AG Trading Companies & Distributors 532   26,239
Carl Zeiss Meditec AG Health Care Equipment & Supplies 124   12,250
Commerzbank AG Banks 3,552   25,561
Continental AG Auto Components 368   53,734
Covestro AG Chemicals 584   29,735
Daimler AG Automobiles 2,944   164,027
a Delivery Hero SE Internet & Direct Marketing Retail 376   17,081
Deutsche Bank AG Capital Markets 7,012   54,140
Deutsche Boerse AG Capital Markets 628   88,967
Deutsche Lufthansa AG Airlines 812   13,935
Deutsche Post AG Air Freight & Logistics 3,336   109,792
Deutsche Telekom AG Diversified Telecommunication Services 11,064   191,667
Deutsche Wohnen AG Real Estate Management & Development 1,224   44,981
b DWS Group GmbH & Co. KGaA, 144A Capital Markets 116   4,066
E.ON SE Multi-Utilities 7,436   80,879
Evonik Industries AG Chemicals 572   16,682
Fielmann AG Specialty Retail 84   6,103
Fraport AG Frankfurt Airport Services Worldwide Transportation Infrastructure 124   10,676
Fresenius Medical Care AG & Co. KGaA Health Care Providers & Services 728   57,237
Fresenius SE and Co. KGaA Health Care Providers & Services 1,392   75,583
Fuchs Petrolub SE Chemicals 112   3,999
GEA Group AG Machinery 568   16,171
Grenkeleasing AG Consumer Finance 92   9,890
Hannover Rueck SE Insurance 208   33,683
Hapag-Lloyd AG Marine 96   4,209
HeidelbergCement AG Construction Materials 512   41,491
Hella GmbH & Co. KGaA Auto Components 152   7,526
Henkel AG & Co. KGaA Household Products 348   32,001
Hochtief AG Construction & Engineering 68   8,294
Hugo Boss AG Textiles, Apparel & Luxury Goods 220   14,656
  Semiconductors & Semiconductor      
Infineon Technologies AG Equipment 4,268   75,579
Innogy SE Multi-Utilities 476   20,409
K+S AG Chemicals 656   12,237
KION Group AG Machinery 244   15,405
Knorr-Bremse AG Machinery 164   18,303
Lanxess AG Chemicals 316   18,806
LEG Immobilien AG Real Estate Management & Development 216   24,401
Merck KGaA Pharmaceuticals 444   46,498
METRO AG Food & Staples Retailing 584   10,691
MTU Aero Engines AG Aerospace & Defense 176   41,990
Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in        
                      Muenchen Insurance 476   119,635
Osram Licht AG Electrical Equipment 300   9,894
ProSiebenSat.1 Media SE Media 776   12,208
Puma SE Textiles, Apparel & Luxury Goods 280   18,701
Rational AG Machinery 12   8,275
Rheinmetall AG Industrial Conglomerates 148   18,144
        a,b Rocket Internet SE, 144A Internet & Direct Marketing Retail 224   6,469
RWE AG Multi-Utilities 1,828   45,111

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
 
SAP SE Software 3,320   456,572
c Scout24 AG, Reg S Interactive Media & Services 372   19,792
Siemens AG Industrial Conglomerates 2,596   309,232
Siemens Healthineers AG Health Care Equipment & Supplies 448   18,933
Suedzucker AG Food Products 268   4,544
Symrise AG Chemicals 432   41,640
a Talanx AG Insurance 132   5,727
Telefonica Deutschland Holding AG Diversified Telecommunication Services 2,268   6,346
thyssenkrupp AG Metals & Mining 1,592   23,251
  Independent Power and Renewable      
Uniper SE Electricity Producers 672   20,379
United Internet AG Diversified Telecommunication Services 396   13,060
Volkswagen AG Automobiles 108   18,590
Vonovia SE Real Estate Management & Development 1,776   84,945
Wacker Chemie AG Chemicals 52   4,120
Wirecard AG IT Services 392   66,091
       a,b Zalando SE, 144A Internet & Direct Marketing Retail 464   20,618
        4,057,804
Luxembourg 0.1%        
RTL Group SA Media 132   6,770
 
Netherlands 0.7%        
a QIAGEN NV Life Sciences Tools & Services 756   30,727
 
Total Common Stocks (Cost $4,350,660)       4,095,301
Preferred Stocks 5.7%        
Germany 5.7%        
d Bayerische Motoren Werke AG, 6.447%, pfd. Automobiles 196   12,187
d Fuchs Petrolub SE, 2.747%, pfd. Chemicals 240   9,451
d Henkel AG & Co. KGaA, 2.151%, pfd. Household Products 596   58,384
d Porsche Automobil Holding SE, 3.868%, pfd. Automobiles 524   34,097
d RWE AG, 3.218%, pfd. Multi-Utilities 136   3,369
d Sartorius AG, 0.344%, pfd. Health Care Equipment & Supplies 116   23,818
d Volkswagen AG, 3.279%, pfd. Automobiles 628   106,002
 
Total Preferred Stocks (Cost $271,579)       247,308
Total Investments (Cost $4,622,239) 99.7%       4,342,609
 
Other Assets, less Liabilities 0.3%       10,889
Net Assets 100.0%     $ 4,353,498

 

aNon-income producing.
bSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified
institutional buyers or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by
the Fund's Board of Trustees. At June 30, 2019, the aggregate value of these securities was $31,153, representing 0.7% of net assets.
cSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. This security has been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June 30,
2019, the value of this security was $19,792, representing 0.5% of net assets.
dVariable rate security. The rate shown represents the yield at period end.

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Hong Kong ETF Industry Shares   Value
Common Stocks 99.5%        
Cambodia 0.3%        
NagaCorp Ltd. Hotels, Restaurants & Leisure 50,000 $ 61,504
 
China 6.9%        
  Electronic Equipment, Instruments &      
AAC Technologies Holdings Inc. Components 22,500   127,728
China Mengniu Dairy Co. Ltd. Food Products 88,000   340,736
China Travel International Investment Hong Kong Ltd. Hotels, Restaurants & Leisure 80,000   16,589
  Electronic Equipment, Instruments &      
a FIH Mobile Ltd. Components 95,000   10,579
Guotai Junan International holdings Ltd. Capital Markets 100,000   17,280
Kerry Logistics Network Ltd. Air Freight & Logistics 17,500   31,495
  Technology Hardware, Storage &      
Lenovo Group Ltd. Peripherals 240,000   185,856
Minth Group Ltd. Auto Components 23,050   62,106
a MMG Ltd. Metals & Mining 80,000   27,955
Nexteer Automotive Group Ltd. Auto Components 25,000   31,104
  Semiconductors & Semiconductor      
a Semiconductor Manufacturing International Corp. Equipment 97,500   108,576
Shougang Fushan Resources Group Ltd. Metals & Mining 120,000   26,112
Shui On Land Ltd. Real Estate Management & Development 110,000   25,485
Tingyi Cayman Islands Holding Corp. Food Products 60,000   100,147
a Towngas China Co. Ltd. Gas Utilities 35,000   25,222
Uni-President China Holdings Ltd. Food Products 40,000   44,544
Want Want China Holdings Ltd. Food Products 180,000   146,304
  Semiconductors & Semiconductor      
Xinyi Solar Holdings Ltd. Equipment 110,000   54,208
        1,382,026
Hong Kong 86.4%        
AIA Group Ltd. Insurance 396,000   4,270,464
  Semiconductors & Semiconductor      
ASM Pacific Technology Ltd. Equipment 10,000   102,400
BOC Hong Kong (Holdings) Ltd. Banks 117,500   462,480
Cafe de Coral Holdings Ltd. Hotels, Restaurants & Leisure 10,000   29,760
Cathay Pacific Airways Ltd. Airlines 20,000   29,901
  Equity Real Estate Investment Trusts      
Champion REIT (REITs) 65,000   54,163
Chow Tai Fook Jewellery Group Ltd. Specialty Retail 33,000   35,904
CK Asset Holdings Ltd. Real Estate Management & Development 87,500   684,880
CK Hutchison Holdings Ltd. Industrial Conglomerates 87,500   862,400
CK Infrastructure Holdings Ltd. Electric Utilities 20,000   163,072
CLP Holdings Ltd. Electric Utilities 54,000   595,815
Dah Sing Banking Group Ltd. Banks 12,000   21,658
Dah Sing Financial Group Ltd. Banks 4,000   18,688
Dairy Farm International Holdings Ltd. Food & Staples Retailing 10,000   71,500
First Pacific Co. Ltd. Diversified Financial Services 70,000   28,403
Great Eagle Holdings Ltd. Real Estate Management & Development 10,000   42,752
Haitong International Securities Group Ltd. Capital Markets 80,000   26,112
Hang Lung Group Ltd. Real Estate Management & Development 30,000   83,136
Hang Lung Properties Ltd. Real Estate Management & Development 65,000   154,586
Hang Seng Bank Ltd. Banks 23,500   585,056
Henderson Land Development Co. Ltd. Real Estate Management & Development 43,000   236,947
Hong Kong and China Gas Co. Ltd. Gas Utilities 322,000   713,861
Hong Kong Exchanges and Clearing Ltd. Capital Markets 41,200   1,454,459
Hongkong Land Holdings Ltd. Real Estate Management & Development 38,000   244,720
Huabao International Holdings Ltd. Chemicals 25,000   10,560
Hutchison Telecommunications Hong Kong Holdings Ltd. Wireless Telecommunication Services 40,000   9,421
Hysan Development Co. Ltd. Real Estate Management & Development 20,000   103,296
Jardine Matheson Holdings Ltd. Industrial Conglomerates 7,000   441,140

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
 
Jardine Strategic Holdings Ltd. Industrial Conglomerates 6,000   228,780
Johnson Electric Holdings Ltd. Electrical Equipment 10,000   21,350
Kerry Properties Ltd. Real Estate Management & Development 20,000   83,968
Li & Fung Ltd. Textiles, Apparel & Luxury Goods 190,000   33,075
Lifestyle International Holdings Ltd. Multiline Retail 15,000   21,926
  Equity Real Estate Investment Trusts      
Link REIT (REITs) 69,000   847,872
Melco International Development Ltd. Hotels, Restaurants & Leisure 25,000   55,424
MGM China Holdings Ltd. Hotels, Restaurants & Leisure 24,000   40,796
MTR Corp. Ltd. Road & Rail 47,500   319,808
New World Development Co. Ltd. Real Estate Management & Development 185,000   289,370
NWS Holdings Ltd. Industrial Conglomerates 45,000   92,506
PCCW Ltd. Diversified Telecommunication Services 130,000   75,046
Power Assets Holdings Ltd. Electric Utilities 45,000   323,712
Sa Sa International Holdings Ltd. Specialty Retail 40,000   11,469
Samsonite International SA Textiles, Apparel & Luxury Goods 42,000   96,338
Shangri-La Asia Ltd. Hotels, Restaurants & Leisure 40,000   50,432
Shun Tak Holdings Ltd. Industrial Conglomerates 60,000   24,038
Sino Land Co. Ltd. Real Estate Management & Development 100,000   167,680
Sun Art Retail Group Ltd. Food & Staples Retailing 72,500   68,672
Sun Hung Kai Properties Ltd. Real Estate Management & Development 46,500   788,640
Swire Pacific Ltd., A Real Estate Management & Development 17,500   215,040
Swire Pacific Ltd., B Real Estate Management & Development 25,000   47,360
Swire Properties Ltd. Real Estate Management & Development 35,000   141,344
Techtronic Industries Co. Ltd. Machinery 41,000   313,830
Television Broadcasts Ltd. Media 9,000   15,045
The Bank of East Asia Ltd. Banks 41,000   114,669
The Wharf Holdings Ltd. Real Estate Management & Development 40,000   105,984
a United Energy Group Ltd. Oil, Gas & Consumable Fuels 240,000   47,002
Vitasoy International Holdings Ltd. Food Products 26,000   124,966
VTech Holdings Ltd. Communications Equipment 5,500   49,210
b WH Group Ltd., Reg S Food Products 275,000   278,784
Wharf Real Estate Investment Co. Ltd. Real Estate Management & Development 40,000   281,856
Wheelock and Co. Ltd. Real Estate Management & Development 26,800   192,102
Xinyi Glass Holdings Ltd. Auto Components 70,000   73,472
Yue Yuen Industrial Holdings Ltd. Textiles, Apparel & Luxury Goods 22,500   61,632
        17,240,732
Italy 0.3%        
Prada SpA Textiles, Apparel & Luxury Goods 17,000   52,550
 
Luxembourg 0.1%        
L'Occitane International SA Personal Products 13,750   27,174
 
Macau 5.1%        
Galaxy Entertainment Group Ltd. Hotels, Restaurants & Leisure 70,000   471,744
a Macau Legend Development Ltd. Hotels, Restaurants & Leisure 45,000   6,336
Sands China Ltd. Hotels, Restaurants & Leisure 78,000   372,903
SJM Holdings Ltd. Hotels, Restaurants & Leisure 60,000   68,275
Wynn Macau Ltd. Hotels, Restaurants & Leisure 48,000   107,520
        1,026,778
Singapore 0.3%        
BOC Aviation Ltd. Trading Companies & Distributors 7,000   58,778
 
Taiwan 0.1%        
  Electronic Equipment, Instruments &      
FIT Hon Teng Ltd. Components 35,000   14,157
 
Total Investments (Cost $18,279,456) 99.5%       19,863,699
 
Other Assets, less Liabilities 0.5%       93,731
Net Assets 100.0%     $ 19,957,430
 
aNon-income producing.        

 

 

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

bSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. This security has been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June 30,
2019, the value of this security was $278,784, representing 1.4% of net assets.

At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.

Futures Contracts              
 
 
              Value/Unrealized
    Number of   Notional Expiration   Appreciation
Description Type Contracts   Amount* Date   (Depreciation)
Equity Contracts              
HKG Mini Hang Seng Index Long 2 $ 72,973 7/30/19 $ 409
*As of period end.              
 
Abbreviations              
 
Selected Portfolio              

 

REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE India ETF Industry Shares   Value
Common Stocks 100.0%        
India 100.0%        
a 3M India Ltd. Industrial Conglomerates 28 $ 9,417
ABB India Ltd. Electrical Equipment 749   17,388
ACC Ltd. Construction Materials 658   14,891
Adani Enterprises Ltd. Trading Companies & Distributors 3,815   8,318
Adani Ports And Special Economic Zone Ltd. Transportation Infrastructure 10,234   60,816
  Independent Power and Renewable      
a Adani Power Ltd. Electricity Producers 13,643   10,149
a Adani Transmissions Ltd. Electric Utilities 4,039   13,116
a Aditya Birla Capital Ltd. Diversified Financial Services 7,532   10,017
Alkem Laboratories Ltd. Pharmaceuticals 588   14,217
Ambuja Cements Ltd. Construction Materials 11,312   34,881
Ashok Leyland Ltd. Machinery 16,982   21,465
Asian Paints Ltd. Chemicals 4,214   82,912
Aurobindo Pharma Ltd. Pharmaceuticals 3,878   34,161
a Avenue Supermarts Ltd. Food & Staples Retailing 1,715   34,731
a Axis Bank Ltd. Banks 26,236   307,314
Bajaj Auto Ltd. Automobiles 1,267   51,890
Bajaj Finance Ltd. Consumer Finance 2,534   135,133
Bajaj Finserv Ltd. Insurance 553   68,294
Bajaj Holdings & Investment Ltd. Diversified Financial Services 392   20,434
Bandhan Bank Ltd. Banks 1,750   13,658
a Bank of Baroda Banks 7,735   13,626
a Bank of India Banks 4,361   5,695
Berger Paints India Ltd. Chemicals 3,437   15,809
Bharat Electronics Ltd. Aerospace & Defense 8,631   14,067
Bharat Forge Ltd. Auto Components 2,744   17,885
Bharat Heavy Electricals Ltd. Electrical Equipment 12,103   12,826
Bharat Petroleum Corp. Ltd. Oil, Gas & Consumable Fuels 14,595   82,979
Bharti Airtel Ltd. Wireless Telecommunication Services 23,986   120,456
Bharti Infratel Ltd. Diversified Telecommunication Services 12,558   48,584
Biocon Ltd. Biotechnology 4,186   15,194
Bosch Ltd. Auto Components 101   23,906
Britannia Industries Ltd. Food Products 840   33,388
Cadila Healthcare Ltd. Pharmaceuticals 3,619   12,672
a Canara Bank Ltd. Banks 2,184   8,998
Castrol India Ltd. Chemicals 7,063   13,563
Cipla Ltd. Pharmaceuticals 4,718   37,828
Coal India Ltd. Oil, Gas & Consumable Fuels 21,161   77,805
Colgate-Palmolive India Ltd. Personal Products 931   15,210
Container Corp. of India Ltd. Road & Rail 3,031   25,031
Cummins India Ltd. Machinery 973   10,770
Dabur India Ltd. Personal Products 7,735   44,879
a Dalmia Bharat Ltd. Construction Materials 658   9,989
Divi's Laboratories Ltd. Life Sciences Tools & Services 1,162   26,883
DLF Ltd. Real Estate Management & Development 7,756   21,186
Dr Reddy's Laboratories Ltd. Pharmaceuticals 1,190   43,968
Eicher Motors Ltd. Automobiles 196   54,344
Emami Ltd. Personal Products 1,617   7,007
Exide Industries Ltd. Auto Components 2,996   8,737
Federal Bank Ltd. Banks 21,336   33,506
a Future Retail Ltd. Multiline Retail 3,038   21,343
GAIL India Ltd. Gas Utilities 7,938   35,874
Gillette India Ltd. Personal Products 112   12,131
GlaxoSmithKline Consumer Healthcare Ltd. Food Products 147   16,377
Glenmark Pharmaceuticals Ltd. Pharmaceuticals 2,009   12,903
a GMR Infrastructure Ltd. Construction & Engineering 21,245   4,586
Godrej Consumer Products Ltd. Personal Products 5,390   51,778
Godrej Industries Ltd. Industrial Conglomerates 1,036   7,265
Grasim Industries Ltd. Construction Materials 4,711   62,386

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
a Gruh Finance Ltd. Thrifts & Mortgage Finance 2,569 10,276
Havell's India Ltd. Electrical Equipment 3,507 39,941
HCL Technologies Ltd. IT Services 7,896 121,784
HDFC Asset Management Co. Ltd. Capital Markets 406 12,126
b HDFC Life Insurance Co. Ltd., 144A Insurance 5,628 37,835
Hero Motocorp Ltd. Automobiles 1,428 53,405
Hindalco Industries Ltd. Metals & Mining 13,125 39,369
Hindustan Petroleum Corp. Ltd. Oil, Gas & Consumable Fuels 8,911 37,444
Hindustan Unilever Ltd. Household Products 10,353 268,111
Hindustan Zinc Ltd. Metals & Mining 3,395 12,006
Housing Development Finance Corp. Ltd. Thrifts & Mortgage Finance 25,123 797,829
c ICICI Lombard General Insurance Co. Ltd., Reg S Insurance 2,338 37,683
c ICICI Prudential Life Insurance Co. Ltd., Reg S Insurance 4,452 25,066
a IDFC First Bank Ltd. Banks 34,153 21,399
IDFC Ltd. Diversified Financial Services 3,787 1,904
Indiabulls Housing Finance Ltd. Thrifts & Mortgage Finance 4,774 42,029
Indian Oil Corp. Ltd. Oil, Gas & Consumable Fuels 30,989 69,989
Infosys Ltd. IT Services 55,118 584,497
c InterGlobe Aviation Ltd., Reg S Airlines 1,407 31,756
ITC Ltd. Tobacco 42,847 169,985
a Jindal Steel & Power Ltd. Metals & Mining 5,705 11,740
  Independent Power and Renewable    
a JSW Energy Ltd. Electricity Producers 5,593 5,425
JSW Steel Ltd. Metals & Mining 17,178 68,834
Kansai Nerolac Paints Ltd. Chemicals 1,904 12,172
L&T Finance Holdings Ltd. Diversified Financial Services 7,028 11,724
c Larsen & Toubro Infotech Ltd., Reg S IT Services 413 10,946
Larsen & Toubro Ltd. Construction & Engineering 4,921 110,728
LIC Housing Finance Ltd. Thrifts & Mortgage Finance 3,640 29,280
Lupin Ltd. Pharmaceuticals 3,241 35,437
Mahindra & Mahindra Financial Services Ltd. Consumer Finance 4,361 24,538
Mahindra & Mahindra Ltd. Automobiles 8,512 80,813
Mangalore Refinery and Petrochemicals Ltd. Oil, Gas & Consumable Fuels 3,059 2,677
Marico Ltd. Personal Products 6,615 35,510
Maruti Suzuki India Ltd. Automobiles 1,764 166,993
Motherson Sumi Systems Ltd. Auto Components 13,965 24,672
Mphasis Ltd. IT Services 1,085 15,783
MRF Ltd. Auto Components 14 11,481
Muthoot Finance Ltd. Consumer Finance 1,414 13,208
Nestle India Ltd. Food Products 336 57,986
  Independent Power and Renewable    
NHPC Ltd. Electricity Producers 35,126 12,620
NMDC Ltd. Metals & Mining 10,703 17,513
  Independent Power and Renewable    
NTPC Ltd. Electricity Producers 34,756 71,171
Oil & Natural Gas Corp. Ltd. Oil, Gas & Consumable Fuels 44,079 107,120
Oil India Ltd. Oil, Gas & Consumable Fuels 3,752 9,675
Oracle Financial Services Software Ltd. Software 315 14,469
Page Industries Ltd. Textiles, Apparel & Luxury Goods 70 20,872
Petronet LNG Ltd. Oil, Gas & Consumable Fuels 7,693 27,316
Pidilite Industries Ltd. Chemicals 1,785 31,405
Piramal Enterprises Ltd. Pharmaceuticals 1,344 37,897
a Power Finance Corp., Ltd. Diversified Financial Services 9,233 17,950
Power Grid Corp. of India Ltd. Electric Utilities 11,228 33,654
a Punjab National Bank Ltd. Banks 13,454 15,505
Rajesh Exports Ltd. Textiles, Apparel & Luxury Goods 2,023 21,171
c RBL Bank Ltd., Reg S Banks 4,606 42,615
REC Ltd. Diversified Financial Services 9,583 22,879
Reliance Capital Ltd. Diversified Financial Services 1,827 1,750
Reliance Industries Ltd. Oil, Gas & Consumable Fuels 45,360 823,449
Reliance Infrastructure Ltd. Electric Utilities 1,981 1,596
  Independent Power and Renewable    
a Reliance Power Ltd. Electricity Producers 8,330 501
SBI Life Insurance Co. Ltd. Insurance 3,500 36,695

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Shree Cement Ltd. Construction Materials 126 39,831
Shriram Transport Finance Co. Ltd. Consumer Finance 2,450 38,349
Siemens Ltd. Industrial Conglomerates 1,246 23,671
a State Bank of India Banks 26,117 136,681
a Steel Authority of India Ltd. Metals & Mining 14,560 10,705
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 16,002 92,948
Sun TV Network Ltd. Media 1,218 8,909
Tata Communications Ltd. Diversified Telecommunication Services 1,001 7,032
Tata Consultancy Services Ltd. IT Services 13,146 424,161
a Tata Motors Ltd. Automobiles 14,749 34,732
a Tata Motors Ltd., A Automobiles 5,705 6,583
Tata Power Co. Ltd. Electric Utilities 13,853 13,847
Tata Steel Ltd. Metals & Mining 4,221 30,844
Tech Mahindra Ltd. IT Services 6,881 70,437
Titan Co. Ltd. Textiles, Apparel & Luxury Goods 4,550 87,978
Torrent Pharmaceuticals Ltd. Pharmaceuticals 588 13,180
Torrent Power Ltd. Electric Utilities 1,701 6,932
TVS Motor Co. Ltd. Automobiles 1,652 10,248
UltraTech Cement Ltd. Construction Materials 1,526 100,717
a Union Bank of India Ltd. Banks 5,145 6,041
United Breweries Ltd. Beverages 973 18,874
a United Spirits Ltd. Beverages 4,347 36,837
UPL Ltd. Chemicals 5,229 71,014
Vedanta Ltd. Metals & Mining 24,444 61,741
a Vodafone Idea Ltd. Wireless Telecommunication Services 120,148 21,148
Voltas Ltd. Construction & Engineering 1,463 13,636
Wipro Ltd. IT Services 21,049 85,535
a Wockhardt Ltd. Pharmaceuticals 448 2,433
Yes Bank Ltd. Banks 24,948 39,305
Zee Entertainment Enterprises Ltd. Media 7,763 38,085
Total Investments (Cost $7,948,195) 100.0%     8,109,274
 
† Other Assets, less Liabilities 0.0%     629
Net Assets 100.0%   $ 8,109,903

 

†Rounds to less than 0.1% of net assets.
aNon-income producing.
bSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified
institutional buyers or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by
the Fund's Board of Trustees. At June 30, 2019, the aggregate value of these securities was $37,835, representing 0.5% of net assets.
cSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. These securities have been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June
30, 2019, the aggregate value of these securities was $148,066, representing 1.8% of net assets.

At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.

Futures Contracts              
 
 
              Value/Unrealized
    Number of   Notional Expiration   Appreciation
Description Type Contracts   Amount* Date   (Depreciation)
Equity Contracts              
SGX Nifty 50 Long 1 $ 23,676 7/25/19 $ 128
*As of period end.              

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Italy ETF Industry Shares   Value
Common Stocks 99.6%        
Italy 90.5%        
A2A SpA Multi-Utilities 50,589 $ 87,914
Assicurazioni Generali SpA Insurance 36,270   683,999
Atlantia SpA Transportation Infrastructure 13,905   362,780
Banca Mediolanum SpA Diversified Financial Services 9,414   69,416
a Banco BPM SpA Banks 49,689   101,289
Buzzi Unicem SpA Construction Materials 2,106   42,798
Buzzi Unicem SpA, di Risp Construction Materials 1,332   18,688
Davide Campari-Milano SpA Beverages 18,153   178,095
DiaSorin SpA Health Care Equipment & Supplies 738   85,808
Enel SpA Electric Utilities 213,624   1,493,709
Eni SpA Oil, Gas & Consumable Fuels 69,273   1,152,240
Ferrari NV Automobiles 2,934   477,129
FinecoBank Banca Fineco SpA Banks 16,263   181,684
Hera SpA Multi-Utilities 26,685   102,228
Intesa Sanpaolo SpA Banks 417,456   894,701
Italgas Reti SpA Gas Utilities 16,038   107,904
Leonardo SpA Aerospace & Defense 12,681   160,947
a Mediaset SpA Media 10,134   33,179
Mediobanca Banca di Credito Finanziario SpA Banks 23,850   246,236
Moncler SpA Textiles, Apparel & Luxury Goods 5,976   255,886
Pirelli & C SpA Auto Components 14,148   83,749
b Poste Italiane SpA, Reg S Insurance 14,967   157,832
Prysmian SpA Electrical Equipment 8,586   177,466
Recordati SpA Pharmaceuticals 3,105   129,629
a Saipem SpA Energy Equipment & Services 18,432   91,833
Salvatore Ferragamo SpA Textiles, Apparel & Luxury Goods 2,205   52,682
Snam SpA Oil, Gas & Consumable Fuels 63,162   314,401
Telecom Italia SpA/Milano, di Risp Diversified Telecommunication Services 196,182   101,898
a Telecom Italia SpA/Milano Diversified Telecommunication Services 346,194   189,317
Tenaris SA Energy Equipment & Services 15,318   200,782
Terna Rete Elettrica Nazionale SpA Electric Utilities 44,235   282,099
UniCredit SpA Banks 62,883   775,263
Unione di Banche Italiane SpA Banks 31,365   85,724
UnipolSai Assicurazioni SpA Insurance 19,008   48,899
        9,428,204
Netherlands 2.3%        
EXOR NV Diversified Financial Services 3,420   239,913
 
United Kingdom 6.8%        
CNH Industrial NV Machinery 30,627   314,530
Fiat Chrysler Automobiles NV Automobiles 28,323   395,631
        710,161
Total Investments (Cost $9,802,726) 99.6%       10,378,278
 
Other Assets, less Liabilities 0.4%       37,552
Net Assets 100.0%     $ 10,415,830

 

aNon-income producing.
bSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. This security has been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June 30,
2019, the value of this security was $157,832, representing 1.5% of net assets.

 

FRANKLIN TEMPLETON ETF TRUST                
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)            
 
 
 
 
At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.        
 
 
Futures Contracts                
 
 
              Value/Unrealized  
    Number of Notional Expiration   Appreciation  
Description Type Contracts Amount* Date   (Depreciation)  
Equity Contracts                
FTSE MIB Index Mini Long 1 $ 24,092 9/20/19 $ (125 )
*As of period end.                
 
Abbreviations                
 
Selected Portfolio                

 

MIB - Milano Italia Borsa

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Japan ETF Industry Shares   Value
Common Stocks 98.8%        
Japan 98.8%        
ABC-Mart Inc. Specialty Retail 1,700 $ 110,767
Acom Co. Ltd. Consumer Finance 25,500   91,832
  Semiconductors & Semiconductor      
Advantest Corp. Equipment 13,600   374,271
AEON Co. Ltd. Food & Staples Retailing 47,600   817,780
AEON Financial Service Co. Ltd. Consumer Finance 8,500   136,880
AEON Mall Co. Ltd. Real Estate Management & Development 8,500   127,965
AGC Inc. Building Products 11,900   411,430
Aica Kogyo Co. Ltd. Building Products 3,400   113,607
a Aiful Corp. Consumer Finance 20,400   41,656
AIN Holdings Inc. Food & Staples Retailing 1,700   98,933
Air Water Inc. Chemicals 10,200   174,576
Aisin Seiki Co. Ltd. Auto Components 11,900   409,774
Ajinomoto Co. Inc. Food Products 32,300   560,019
Alfresa Holdings Corp. Health Care Providers & Services 11,900   293,579
  Electronic Equipment, Instruments &      
Alps Alpine Co. Ltd. Components 13,600   229,233
Amada Holdings Co. Ltd. Machinery 22,100   248,815
ANA Holdings Inc. Airlines 6,800   225,194
Aoyama Trading Co. Ltd. Specialty Retail 3,400   66,649
Aozora Bank Ltd. Banks 6,800   163,215
a Aplus Financial Co. Ltd. Consumer Finance 6,800   4,355
Ariake Japan Co. Ltd. Food Products 1,700   107,295
Asahi Group Holdings Ltd. Beverages 25,500   1,146,719
Asahi Intecc Co. Ltd. Health Care Equipment & Supplies 13,600   335,014
Asahi Kasei Corp. Chemicals 85,000   906,093
Asics Corp. Textiles, Apparel & Luxury Goods 11,900   128,896
ASKUL Corp. Internet & Direct Marketing Retail 1,700   36,338
Astellas Pharma Inc. Pharmaceuticals 125,800   1,792,306
Autobacs Seven Co. Ltd. Specialty Retail 3,400   56,109
Awa Bank Ltd. Banks 3,400   81,418
  Electronic Equipment, Instruments &      
Azbil Corp. Components 10,200   249,178
Bandai Namco Holdings Inc. Leisure Products 13,600   660,182
Benefit One Inc. Professional Services 3,400   58,634
Benesse Holdings Inc. Diversified Consumer Services 5,100   118,719
BIC CAMERA Inc. Specialty Retail 10,200   100,163
Bridgestone Corp. Auto Components 40,800   1,606,401
  Technology Hardware, Storage &      
Brother Industries Ltd. Peripherals 15,300   288,987
Calbee Inc. Food Products 5,100   137,654
  Technology Hardware, Storage &      
CANON Inc. Peripherals 69,700   2,035,235
Canon Marketing Japan Inc. Distributors 3,400   74,128
Capcom Co. Ltd. Entertainment 6,800   136,454
Casio Computer Co. Ltd. Household Durables 15,300   190,007
Central Japan Railway Co. Road & Rail 11,900   2,383,534
Chubu Electric Power Co. Inc. Electric Utilities 45,900   643,938
Chugai Pharmaceutical Co. Ltd. Pharmaceuticals 13,600   888,658
Chuo Mitsui Trust Holdings Inc. Banks 23,800   862,844
  Electronic Equipment, Instruments &      
Citizen Watch Co. Ltd. Components 18,700   95,982
Coca-Cola Bottlers Japan Holdings Inc. Beverages 8,500   215,301
COMSYS Holdings Corp. Construction & Engineering 8,500   215,537
Concordia Financial Group Ltd. Banks 79,900   297,382
Cosmo Energy Holdings Co. Ltd. Oil, Gas & Consumable Fuels 3,400   76,590
Cosmos Pharmaceutical Corp. Food & Staples Retailing 500   84,880
Credit Saison Co. Ltd. Consumer Finance 10,200   119,382
CyberAgent Inc. Media 6,800   246,464

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Dai Nippon Printing Co. Ltd. Commercial Services & Supplies 20,400 434,735
Daicel Corp. Chemicals 18,700 166,276
Daido Steel Co. Ltd. Metals & Mining 1,700 64,456
Daifuku Co. Ltd. Machinery 6,800 381,845
Daiichi Sankyo Co. Ltd. Pharmaceuticals 42,500 2,222,828
Daiichikosho Co. Ltd. Entertainment 3,400 158,103
Daikin Industries Ltd. Building Products 17,600 2,297,605
Daishi Hokuetsu Financial Group Inc. Banks 1,700 43,518
Daito Trust Construction Co. Ltd. Real Estate Management & Development 4,500 573,673
Daiwa House Industry Co. Ltd. Real Estate Management & Development 44,200 1,288,585
Daiwa Securities Group Inc. Capital Markets 102,000 446,948
DeNA Co. Ltd. Entertainment 6,800 130,332
Denka Co. Ltd. Chemicals 5,100 151,239
Denso Corp. Auto Components 30,600 1,287,449
Dentsu Inc. Media 15,300 533,952
DIC Corp. Chemicals 5,100 134,624
  Semiconductors & Semiconductor    
Disco Corp. Equipment 1,700 278,968
DMG Mori Co. Ltd. Machinery 6,800 108,873
Dowa Holdings Co. Ltd. Metals & Mining 3,400 109,031
East Japan Railway Co. Road & Rail 23,800 2,226,694
EBARA Corp. Machinery 6,800 184,548
Eisai Co. Ltd. Pharmaceuticals 17,000 961,082
  Independent Power and Renewable    
Electric Power Development Co. Ltd. Electricity Producers 11,900 270,384
Exedy Corp. Auto Components 1,700 35,597
Ezaki Glico Co. Ltd. Food Products 3,400 151,476
FamilyMart UNY Holdings Co. Ltd. Food & Staples Retailing 15,300 365,246
Fancl Corp. Personal Products 5,100 125,441
FANUC Corp. Machinery 13,000 2,404,771
Fast Retailing Co. Ltd. Specialty Retail 3,400 2,055,337
FP Corp. Containers & Packaging 1,700 103,824
Fuji Electric Co. Ltd. Electrical Equipment 8,500 293,090
Fuji Media Holdings Inc. Media 3,400 47,399
Fuji Oil Holdings Inc. Food Products 3,400 102,562
Fuji Seal International Inc. Containers & Packaging 3,400 103,982
  Technology Hardware, Storage &    
FUJIFILM Holdings Corp. Peripherals 23,800 1,206,789
Fujikura Ltd. Electrical Equipment 18,700 70,294
Fujitsu General Ltd. Household Durables 3,400 54,026
Fujitsu Ltd. IT Services 11,900 829,709
Fukuoka Financial Group Inc. Banks 10,200 186,221
Fukuyama Transporting Co. Ltd. Road & Rail 1,700 61,537
Furukawa Electric Co. Ltd. Electrical Equipment 3,400 99,564
Fuyo General Lease Co. Ltd. Diversified Financial Services 1,700 96,724
Glory Ltd. Machinery 3,400 89,749
GMO Internet Inc. IT Services 3,400 61,600
GMO Payment Gateway Inc. IT Services 2,800 192,575
Goldwin Inc. Textiles, Apparel & Luxury Goods 1,200 150,473
GS Yuasa Corp. Electrical Equipment 5,100 98,365
GungHo Online Entertainment Inc. Entertainment 2,550 70,531
Gunma Bank Ltd. Banks 28,900 101,126
H2O Retailing Corp. Multiline Retail 5,100 58,792
Hachijuni Bank Ltd. Banks 28,900 117,757
Hakuhodo DY Holdings Inc. Media 17,000 286,226
  Electronic Equipment, Instruments &    
Hamamatsu Photonics K.K. Components 8,500 330,959
Hankyu Hanshin Holdings Inc. Road & Rail 15,300 548,153
Haseko Corp. Household Durables 18,700 189,187
Heiwa Corp. Leisure Products 3,400 69,837
Hikari Tsushin Inc. Specialty Retail 1,700 370,642
Hino Motors Ltd. Machinery 18,700 157,424
  Electronic Equipment, Instruments &    
Hirose Electric Co. Ltd. Components 1,700 189,660

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
HIS Co. Ltd. Hotels, Restaurants & Leisure 1,700 42,303
Hisamitsu Pharmaceutical Co. Inc. Pharmaceuticals 5,100 201,415
Hitachi Capital Corp. Consumer Finance 3,400 75,580
Hitachi Chemical Co. Ltd. Chemicals 6,800 184,674
Hitachi Construction Machinery Co. Ltd. Machinery 6,800 176,848
  Electronic Equipment, Instruments &    
Hitachi High-Technologies Corp. Components 5,100 262,242
  Electronic Equipment, Instruments &    
Hitachi Ltd. Components 61,200 2,243,167
Hitachi Metals Ltd. Metals & Mining 13,600 153,622
Hitachi Transport System Ltd. Road & Rail 3,400 110,451
Hokkaido Electric Power Co. Inc. Electric Utilities 11,900 66,602
Hokugin Financial Group Inc. Banks 8,500 88,361
a Hokuriku Electric Power Co. Electric Utilities 11,900 86,262
Honda Motor Co. Ltd. Automobiles 115,600 2,988,175
  Electronic Equipment, Instruments &    
HORIBA Ltd. Components 3,400 175,459
Hoshizaki Corp. Machinery 3,400 253,091
House Foods Group Inc. Food Products 5,100 191,475
Hoya Corp. Health Care Equipment & Supplies 25,500 1,953,564
  Electronic Equipment, Instruments &    
Ibiden Co. Ltd. Components 6,800 119,035
Ichigo Inc. Real Estate Management & Development 11,900 34,903
Idemitsu Kosan Co. Ltd. Oil, Gas & Consumable Fuels 15,300 460,108
IHI Corp. Machinery 8,500 204,887
Iida Group Holdings Co. Ltd. Household Durables 10,200 164,730
INPEX Corp. Oil, Gas & Consumable Fuels 62,900 567,057
Isetan Mitsukoshi Holdings Ltd. Multiline Retail 23,800 193,068
Isuzu Motors Ltd. Automobiles 35,700 406,570
Ito En Ltd. Beverages 3,400 158,418
ITOCHU Corp. Trading Companies & Distributors 93,500 1,788,164
ITOCHU Techno-Solutions Corp. IT Services 6,800 174,323
Itoham Yonekyu Holdings Inc. Food Products 10,200 69,489
Izumi Co. Ltd. Multiline Retail 1,700 68,716
J Front Retailing Co. Ltd. Multiline Retail 17,000 194,867
Japan Airlines Co. Ltd. Airlines 8,500 271,631
Japan Airport Terminal Co. Ltd. Transportation Infrastructure 3,400 145,006
  Electronic Equipment, Instruments &    
Japan Aviatn Elect Components 1,700 24,946
Japan Exchange Group Inc. Capital Markets 35,700 567,277
Japan Petroleum Exploration Co. Ltd. Oil, Gas & Consumable Fuels 1,700 39,289
Japan Post Bank Co. Ltd. Banks 27,200 276,191
Japan Post Holdings Co. Ltd. Insurance 86,700 981,752
Japan Post Insurance Co. Ltd. Insurance 13,600 252,081
Japan Tobacco Inc. Tobacco 79,900 1,764,638
JFE Holdings Inc. Metals & Mining 34,000 499,397
JGC Corp. Construction & Engineering 13,600 186,568
JSR Corp. Chemicals 13,600 214,717
JTEKT Corp. Machinery 15,300 185,463
JXTG Holdings Inc. Oil, Gas & Consumable Fuels 209,100 1,037,155
K's Holdings Corp. Specialty Retail 10,200 96,282
Kagome Co. Ltd. Food Products 5,100 118,577
Kajima Corp. Construction & Engineering 30,600 419,777
Kakaku.com Inc. Interactive Media & Services 8,500 164,099
Kaken Pharmaceutical Co. Ltd. Pharmaceuticals 1,700 79,525
Kamigumi Co. Ltd. Transportation Infrastructure 6,800 160,943
Kandenko Co. Ltd. Construction & Engineering 6,800 56,803
Kaneka Corp. Chemicals 3,400 127,808
Kansai Electric Power Co. Inc. Electric Utilities 47,600 545,407
Kansai Mirai Financial Group Inc Banks 10,200 65,324
Kansai Paint Co. Ltd. Chemicals 13,600 285,153
KAO Corp. Personal Products 32,000 2,438,463
Kawasaki Heavy Industries Ltd. Machinery 10,200 239,805
a Kawasaki Kisen Kaisha Ltd. Marine 5,100 62,247

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
KDDI Corp. Wireless Telecommunication Services 115,600 2,943,648
Keihan Holdings Co. Ltd. Industrial Conglomerates 6,800 296,324
Keikyu Corp. Road & Rail 17,000 292,695
Keio Corp. Road & Rail 8,500 559,356
Keisei Electric Railway Co. Ltd. Road & Rail 8,500 309,657
Kewpie Corp. Food Products 6,800 150,277
  Electronic Equipment, Instruments &    
Keyence Corp. Components 6,100 3,744,134
Kikkoman Corp. Food Products 11,900 518,016
Kinden Corp. Construction & Engineering 8,500 130,253
Kintetsu Group Holdings Co. Ltd. Road & Rail 11,900 569,928
Kirin Holdings Co. Ltd. Beverages 54,400 1,173,180
Kissei Pharmaceutical Co. Ltd. Pharmaceuticals 1,700 42,445
Kobayashi Pharmaceutical Co. Ltd. Personal Products 3,400 243,308
Kobe Steel Ltd. Metals & Mining 17,000 111,240
Koei Tecmo Holdings Co. Ltd. Entertainment 3,400 63,273
Koito Manufacturing Co. Ltd. Auto Components 6,800 362,911
Kokuyo Co. Ltd. Commercial Services & Supplies 5,100 71,383
Komatsu Ltd. Machinery 61,200 1,476,889
Komeri Co. Ltd. Specialty Retail 1,700 34,745
Konami Holdings Corp. Entertainment 6,800 318,730
  Technology Hardware, Storage &    
Konica Minolta Inc. Peripherals 30,600 297,934
KOSE Corp. Personal Products 1,700 285,122
Kubota Corp. Machinery 74,800 1,244,815
Kuraray Co. Ltd. Chemicals 23,800 284,301
Kurita Water Industries Ltd. Machinery 6,800 168,832
Kusuri No Aoki Holdings Co. Ltd. Food & Staples Retailing 1,700 119,445
  Electronic Equipment, Instruments &    
Kyocera Corp. Components 20,400 1,332,040
Kyorin Holdings Inc. Pharmaceuticals 3,400 60,212
Kyoritsu Maintenance Co. Ltd. Hotels, Restaurants & Leisure 1,700 79,367
Kyowa Exeo Corp. Construction & Engineering 6,800 169,274
Kyowa Kirin Co. Ltd. Pharmaceuticals 17,000 305,949
Kyudenko Corp. Construction & Engineering 3,400 102,088
Kyushu Electric Power Co. Inc. Electric Utilities 30,600 300,490
Kyushu Financial Group Inc. Banks 27,200 107,548
Kyushu Railway Co. Road & Rail 10,200 297,271
Lawson Inc. Food & Staples Retailing 3,400 163,152
a Line Corp. Interactive Media & Services 3,400 95,146
LINTEC Corp. Chemicals 3,400 70,846
Lion Corp. Household Products 17,000 316,679
LIXIL Group Corp. Building Products 17,000 268,869
M3 Inc. Health Care Technology 27,200 497,093
Mabuchi Motor Co. Ltd. Electrical Equipment 3,400 116,289
Maeda Corp. Construction & Engineering 8,500 68,006
Maeda Road Construction Co. Ltd. Construction & Engineering 3,400 71,541
Makita Corp. Machinery 17,000 577,501
Marubeni Corp. Trading Companies & Distributors 103,700 686,264
Maruha Nichiro Corp. Food Products 1,700 49,940
Marui Group Co. Ltd. Multiline Retail 13,600 276,948
Maruichi Steel Tube Ltd. Metals & Mining 3,400 94,451
Matsui Securities Co. Ltd. Capital Markets 8,500 80,156
Matsumotokiyoshi Holdings Co. Ltd. Food & Staples Retailing 5,100 149,109
Mazda Motor Corp. Automobiles 39,100 408,093
Mebuki Financial Group Inc. Banks 69,700 181,787
Medipal Holdings Corp. Health Care Providers & Services 10,200 225,226
Megmilk Snow Brand Co. Ltd. Food Products 3,400 74,539
Meiji Holdings Co. Ltd. Food Products 8,500 607,481
Minebea Mitsumi Inc. Machinery 27,200 460,739
Miraca Holdings Inc. Health Care Providers & Services 3,400 77,316
MISUMI Group Inc. Machinery 18,700 468,975
Mitsubishi Chemical Holdings Corp. Chemicals 88,400 617,504
Mitsubishi Corp. Trading Companies & Distributors 86,700 2,285,391

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Mitsubishi Electric Corp. Electrical Equipment 132,600 1,746,421
Mitsubishi Estate Co. Ltd. Real Estate Management & Development 79,900 1,486,908
Mitsubishi Gas Chemical Co. Inc. Chemicals 11,900 158,608
Mitsubishi Heavy Industries Ltd. Machinery 18,700 814,198
Mitsubishi Logistics Corp. Transportation Infrastructure 5,100 140,304
Mitsubishi Materials Corp. Metals & Mining 8,500 241,809
Mitsubishi Motors Corp. Automobiles 42,500 203,546
Mitsubishi Shokuhin Co. Ltd. Food & Staples Retailing 1,700 44,606
Mitsubishi Tanabe Pharma Corp. Pharmaceuticals 15,300 170,410
Mitsubishi UFJ Financial Group Inc. Banks 826,200 3,926,252
Mitsubishi UFJ Lease & Finance Co. Ltd. Diversified Financial Services 30,600 162,174
Mitsui & Co. Ltd. Trading Companies & Distributors 113,900 1,854,284
Mitsui Chemicals Inc. Chemicals 11,900 294,573
Mitsui Fudosan Co. Ltd. Real Estate Management & Development 62,900 1,525,211
Mitsui Mining and Smelting Co. Ltd. Metals & Mining 3,400 81,292
Mitsui O.S.K. Lines Ltd. Marine 6,800 162,773
Miura Co. Ltd. Machinery 6,800 209,857
Mizuho Financial Group Inc. Banks 1,711,900 2,480,301
Mochida Pharmaceutical Co. Ltd. Pharmaceuticals 1,700 72,345
Monotaro Co. Ltd. Trading Companies & Distributors 8,500 207,175
Morinaga & Co. Ltd. Food Products 3,400 165,677
Morinaga Milk Industry Co. Ltd. Food Products 3,400 134,593
MS&AD Insurance Group Holdings Inc. Insurance 32,300 1,025,302
  Electronic Equipment, Instruments &    
Murata Manufacturing Co. Ltd. Components 37,400 1,680,119
Nabtesco Corp. Machinery 8,500 236,208
Nagase & Co. Ltd. Trading Companies & Distributors 6,800 101,931
Nagoya Railroad Co. Ltd. Road & Rail 13,600 376,291
Nankai Electric Railway Co. Ltd. Road & Rail 6,800 165,361
  Technology Hardware, Storage &    
NEC Corp. Peripherals 17,000 669,018
a Nexon Co. Ltd. Entertainment 27,200 394,342
NGK Insulators Ltd. Machinery 18,700 272,672
NGK Spark Plug Co. Ltd. Auto Components 13,600 255,237
NH Foods Ltd. Food Products 6,800 291,275
NHK Spring Co. Ltd. Auto Components 10,200 78,767
Nichirei Corp. Food Products 6,800 161,385
Nidec Corp. Electrical Equipment 15,300 2,091,076
Nifco Inc. Auto Components 5,100 126,340
Nihon Kohden Corp. Health Care Equipment & Supplies 5,100 138,127
Nihon M&A Center Inc. Professional Services 8,500 203,861
Nihon Unisys Ltd. IT Services 5,100 171,120
Nikon Corp. Household Durables 23,800 336,655
Nintendo Co. Ltd. Entertainment 7,200 2,639,020
Nippo Corp. Construction & Engineering 3,400 66,996
  Electronic Equipment, Instruments &    
Nippon Electric Glass Co. Ltd. Components 5,100 129,180
Nippon Express Co. Ltd. Road & Rail 5,100 271,236
Nippon Gas Co. Ltd. Gas Utilities 3,400 86,436
Nippon Kayaku Co. Ltd. Chemicals 11,900 143,255
Nippon Paint Holdings Co. Ltd. Chemicals 10,200 395,730
Nippon Paper Industries Co. Ltd. Paper & Forest Products 6,800 120,423
Nippon Shinyaku Co. Ltd. Pharmaceuticals 3,400 239,837
Nippon Shobukai Co. Ltd. Chemicals 1,700 112,345
Nippon Steel Corp. Metals & Mining 56,100 962,771
Nippon Telegraph & Telephone Corp. Diversified Telecommunication Services 42,500 1,979,047
Nippon Television Holdings Inc. Media 3,400 50,366
Nippon Yusen KK Marine 11,900 190,970
Nipro Corp. Health Care Equipment & Supplies 8,500 94,278
Nishi-Nippon Financial Holdings Inc. Banks 10,200 73,371
Nishi-Nippon Railroad Co. Ltd. Road & Rail 5,100 108,873
Nissan Chemical Corp. Chemicals 8,500 383,029
Nissan Motor Co. Ltd. Automobiles 129,200 925,290
Nissan Shatai Co. Ltd. Automobiles 3,400 33,072

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Nisshin Seifun Group Inc. Food Products 17,000 387,999
Nisshinbo Holdings Inc. Industrial Conglomerates 8,500 64,929
Nissin Foods Holdings Co. Ltd. Food Products 5,100 328,513
Nitori Co. Ltd. Specialty Retail 5,100 675,961
Nitto Denko Corp. Chemicals 10,200 503,373
Noevir Holdings Co. Ltd. Personal Products 1,700 92,937
NOF Corp. Chemicals 5,100 190,055
NOK Corp. Auto Components 8,500 127,334
Nomura Holdings Inc. Capital Markets 222,700 784,225
Nomura Real Estate Holdings Inc. Real Estate Management & Development 8,500 182,718
Nomura Research Institute Ltd. IT Services 20,400 326,998
North Pacific Bank Ltd. Banks 18,700 44,433
NS Solutions Corp. IT Services 1,700 53,963
NSK Ltd. Machinery 28,900 257,509
NTN Corp. Machinery 25,500 75,738
NTT Data Corp. IT Services 42,500 566,062
NTT DoCoMo Inc. Wireless Telecommunication Services 78,200 1,823,626
Obayashi Corp. Construction & Engineering 45,900 452,013
OBIC Business Consultants Co. Ltd. Software 1,700 77,079
OBIC Co. Ltd. IT Services 4,500 509,560
Odakyu Electric Railway Co. Ltd. Road & Rail 20,400 499,302
Oji Holdings Corp. Paper & Forest Products 62,900 363,132
Okuma Corp. Machinery 1,700 87,256
Olympus Corp. Health Care Equipment & Supplies 74,800 830,340
  Electronic Equipment, Instruments &    
Omron Corp. Components 11,900 620,735
Ono Pharmaceutical Co. Ltd. Pharmaceuticals 28,900 518,236
Open House Co. Ltd. Real Estate Management & Development 1,700 69,584
Oracle Corp. Japan Software 1,700 124,179
Orient Corp. Consumer Finance 39,100 41,735
Oriental Land Co. Ltd. Hotels, Restaurants & Leisure 12,500 1,547,707
ORIX Corp. Diversified Financial Services 86,700 1,293,982
Osaka Gas Co. Ltd. Gas Utilities 25,500 444,250
OSG Corp. Machinery 5,100 100,542
Otsuka Corp. IT Services 6,800 273,603
Otsuka Holdings Co. Ltd. Pharmaceuticals 28,900 943,126
Paltac Corp. Distributors 1,700 93,410
Pan Pacific International Holdings Corp. Multiline Retail 8,500 539,632
Panasonic Corp. Household Durables 142,800 1,189,691
Park24 Co. Ltd. Commercial Services & Supplies 6,800 158,355
Penta-Ocean Construction Co. Ltd. Construction & Engineering 18,700 91,643
a PeptiDream Inc. Biotechnology 5,100 260,822
Persol Holdings Co. Ltd. Professional Services 11,900 279,552
Pigeon Corp. Household Products 6,800 273,603
Pilot Corp. Commercial Services & Supplies 1,700 65,718
Pola Orbis Holdings Inc. Personal Products 5,100 142,482
Rakuten Inc. Internet & Direct Marketing Retail 54,400 646,297
Recruit Holdings Co. Ltd. Professional Services 79,900 2,665,311
Relo Group Inc. Real Estate Management & Development 6,800 171,231
  Semiconductors & Semiconductor    
a Renesas Electronics Corp. Equipment 44,200 219,482
Rengo Co. Ltd. Containers & Packaging 13,600 109,189
Resona Holdings Inc. Banks 147,900 615,815
Resorttrust Inc. Hotels, Restaurants & Leisure 5,100 78,057
  Technology Hardware, Storage &    
Ricoh Co. Ltd. Peripherals 45,900 458,404
Rinnai Corp. Household Durables 1,700 108,084
  Semiconductors & Semiconductor    
Rohm Co. Ltd. Equipment 5,100 342,714
Rohto Pharmaceutical Co. Ltd. Pharmaceuticals 6,800 184,548
Ryohin Keikaku Co. Ltd. Multiline Retail 1,700 307,054
Sankyo Co. Ltd. Leisure Products 3,400 123,074
Sankyu Inc. Road & Rail 3,400 178,615
Sanrio Co. Ltd. Specialty Retail 3,400 75,517

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Santen Pharmaceutical Co. Ltd. Pharmaceuticals 23,800 394,310
Sanwa Holdings Corp. Building Products 13,600 146,174
Sapporo Holdings Ltd. Beverages 5,100 107,406
Sawai Pharmaceutical Co. Ltd. Pharmaceuticals 1,700 91,832
SBI Holdings Inc. Capital Markets 15,300 378,737
  Semiconductors & Semiconductor    
SCREEN Holdings Co. Ltd. Equipment 3,400 141,851
SCSK Corp. IT Services 3,400 167,254
Secom Co. Ltd. Commercial Services & Supplies 13,600 1,170,655
Sega Sammy Holdings Inc. Leisure Products 13,600 165,235
Seibu Holdings Inc. Road & Rail 15,300 255,047
  Technology Hardware, Storage &    
Seiko Epson Corp. Peripherals 18,700 295,930
Seino Holdings Co. Ltd. Road & Rail 10,200 135,855
Sekisui Chemical Co. Ltd. Household Durables 23,800 357,420
Sekisui House Ltd. Household Durables 39,100 644,348
Seven & i Holdings Co. Ltd. Food & Staples Retailing 51,000 1,726,824
Seven Bank Ltd. Banks 44,200 115,690
SG Holdings Co. Ltd. Air Freight & Logistics 13,600 385,632
Sharp Corp. Household Durables 10,200 111,903
Shikoku Electric Power Co. Inc. Electric Utilities 10,200 94,294
Shima Seiki Manufacturing Ltd. Machinery 1,700 49,861
Shimachu Co. Ltd. Specialty Retail 3,400 79,051
  Electronic Equipment, Instruments &    
Shimadzu Corp. Components 18,700 458,561
Shimamura Co. Ltd. Specialty Retail 1,700 127,019
SHIMANO Inc. Leisure Products 5,100 758,799
Shimizu Corp. Construction & Engineering 39,100 324,805
Shin-Etsu Chemical Co. Ltd. Chemicals 27,200 2,533,432
Shinsei Bank Ltd. Banks 11,900 184,785
Shionogi & Co. Ltd. Pharmaceuticals 18,700 1,077,671
Shiseido Co. Ltd. Personal Products 25,500 1,922,086
SHO-BOND Holdings Co. Ltd. Construction & Engineering 3,400 119,918
Shochiku Co. Ltd. Entertainment 600 67,719
Shoei Co. Ltd. Real Estate Management & Development 22,100 177,637
Showa Denko K.K. Chemicals 10,200 300,111
Sky Perfect JSAT Holdings Inc. Media 8,500 33,135
Skylark Holdings Co. Ltd. Hotels, Restaurants & Leisure 13,600 237,438
SMC Corp. Machinery 3,800 1,416,800
Softbank Corp. Wireless Telecommunication Services 107,100 1,391,187
SoftBank Group Corp. Wireless Telecommunication Services 114,200 5,474,689
Sohgo Security Services Co. Ltd. Commercial Services & Supplies 5,100 235,261
Sojitz Corp. Trading Companies & Distributors 85,000 272,972
Sompo Holdings Inc. Insurance 22,100 853,519
Sony Corp. Household Durables 83,300 4,366,794
Sony Financial Holdings Inc. Insurance 10,200 245,012
Sotetsu Holdings Inc. Road & Rail 5,100 140,541
Square Enix Holdings Co. Ltd. Entertainment 5,100 163,310
Stanley Electric Co. Ltd. Auto Components 10,200 250,692
Subaru Corp. Automobiles 40,800 991,788
Sugi Pharmacy Co. Ltd. Food & Staples Retailing 1,700 80,314
  Semiconductors & Semiconductor    
Sumco Corp. Equipment 15,300 182,055
Sumitomo Bakelite Co. Ltd. Chemicals 1,700 60,669
Sumitomo Chemical Co. Ltd. Chemicals 102,000 473,362
Sumitomo Corp. Trading Companies & Distributors 74,800 1,133,386
Sumitomo Dainippon Pharma Co. Ltd. Pharmaceuticals 11,900 225,652
Sumitomo Electric Industries Ltd. Auto Components 51,000 669,570
Sumitomo Forestry Co. Ltd. Household Durables 8,500 101,852
Sumitomo Heavy Industries Ltd. Machinery 6,800 233,841
Sumitomo Metal Mining Co. Ltd. Metals & Mining 15,300 457,125
Sumitomo Mitsui Financial Group Inc. Banks 88,400 3,122,799
Sumitomo Osaka Cement Co. Ltd. Construction Materials 1,700 67,533
Sumitomo Realty & Development Co. Ltd. Real Estate Management & Development 25,500 910,748

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Sumitomo Rubber Industries Ltd. Auto Components 13,600 157,282
Sundrug Co. Ltd. Food & Staples Retailing 5,100 138,032
Suntory Beverage & Food Ltd. Beverages 8,500 369,617
Suzuken Co. Ltd. Health Care Providers & Services 5,100 299,165
Suzuki Motor Corp. Automobiles 28,900 1,358,359
Sysmex Corp. Health Care Equipment & Supplies 11,900 776,140
T&D Holdings Inc. Insurance 37,400 405,971
Tadano Ltd. Machinery 6,800 70,878
Taiheiyo Cement Corp. Construction Materials 8,500 257,193
Taisei Corp. Construction & Engineering 13,600 494,190
Taisho Pharmaceutical Holdings Co. Ltd. Pharmaceuticals 3,400 260,980
Taiyo Nippon Sanso Corp. Chemicals 8,500 180,509
  Electronic Equipment, Instruments &    
Taiyo Yuden Co. Ltd. Components 8,500 158,182
Takara Bio Inc. Biotechnology 3,400 64,787
Takara Holdings Inc. Beverages 11,900 124,478
Takashimaya Co. Ltd. Multiline Retail 8,500 93,173
Takeda Pharmaceutical Co. Ltd. Pharmaceuticals 102,000 3,619,324
  Electronic Equipment, Instruments &    
TDK Corp. Components 8,500 657,973
TechnoPro Holdings Inc. Professional Services 1,700 90,254
Teijin Ltd. Chemicals 11,900 202,899
Terumo Corp. Health Care Equipment & Supplies 42,500 1,266,243
The 77 Bank Ltd. Banks 5,100 75,028
The Bank of Kyoto Ltd. Banks 5,100 197,155
The Chiba Bank Ltd. Banks 44,200 215,790
The Chugoku Bank Ltd. Banks 11,900 104,929
The Chugoku Electric Power Co. Inc. Electric Utilities 18,700 235,703
The Dai-ichi Life Holdings Inc. Insurance 74,800 1,128,179
The Hiroshima Bank Ltd. Banks 20,400 98,270
The Iyo Bank Ltd. Banks 18,700 94,420
The Japan Steel Works Ltd. Machinery 3,400 56,772
The San-In Godo Bank Ltd. Banks 10,200 65,324
The Shiga Bank Ltd. Banks 1,700 39,463
The Shizuoka Bank Ltd. Banks 34,000 250,566
THK Co. Ltd. Machinery 6,800 162,521
TIS Inc. IT Services 5,100 259,876
Tobu Railway Co. Ltd. Road & Rail 13,600 396,362
Toda Corp. Construction & Engineering 17,000 94,041
Toho Co. Ltd. Entertainment 6,800 289,066
Toho Gas Co. Ltd. Gas Utilities 6,800 250,251
Tohoku Electric Power Co. Inc. Electric Utilities 30,600 309,295
b Tokai Carbon Co. Ltd. Chemicals 13,600 141,882
Tokai Rika Co. Ltd. Auto Components 3,400 56,078
Tokai Tokyo Financial Holdings Inc. Capital Markets 15,300 46,721
Tokio Marine Holdings Inc. Insurance 44,200 2,214,923
Tokuyama Corp. Chemicals 5,100 137,843
Tokyo Broadcasting System Holdings Inc. Media 1,700 29,033
Tokyo Century Corp. Diversified Financial Services 3,400 143,429
a Tokyo Electric Power Co. Holdings Inc. Electric Utilities 102,000 532,059
  Semiconductors & Semiconductor    
Tokyo Electron Ltd. Equipment 10,200 1,431,446
Tokyo Gas Co. Ltd. Gas Utilities 28,900 680,655
Tokyo Tatemono Co. Ltd. Real Estate Management & Development 13,600 151,097
TOKYU Corp. Road & Rail 34,000 603,063
Tokyu Fudosan Holdings Corp. Real Estate Management & Development 37,400 206,544
  Electronic Equipment, Instruments &    
Topcon Corp. Components 6,800 85,079
Toppan Printing Co. Ltd. Commercial Services & Supplies 17,000 257,982
Toray Industries Inc. Chemicals 103,700 788,482
Toshiba Corp. Industrial Conglomerates 34,000 1,058,753
Toshiba Plant Systems & Services Corp. Construction & Engineering 3,400 63,904
Tosoh Corp. Chemicals 18,700 262,952
TOTO Ltd. Building Products 10,200 402,831

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Toyo Seikan Group Holdings Ltd. Containers & Packaging 10,200 202,409
Toyo Suisan Kaisha Ltd. Food Products 5,100 210,173
Toyo Tire Corp. Auto Components 6,800 89,434
Toyobo Co. Ltd. Chemicals 6,800 81,166
Toyoda Gosei Co. Ltd. Auto Components 5,100 99,453
Toyota Boshoku Corp. Auto Components 5,100 66,933
Toyota Industries Corp. Auto Components 10,200 561,407
Toyota Motor Corp. Automobiles 166,600 10,341,756
Toyota Tsusho Corp. Trading Companies & Distributors 15,300 463,658
Trend Micro Inc. Software 8,500 379,084
TS TECH Co. Ltd. Auto Components 3,400 92,558
Tsumura & Co. Pharmaceuticals 5,100 142,245
Tsuruha Holdings Inc. Food & Staples Retailing 1,700 157,156
TV Asahi Holdings Corp. Media 1,700 27,423
Ube Industries Ltd. Chemicals 6,800 140,999
  Semiconductors & Semiconductor    
Ulvac Inc. Equipment 3,400 107,769
Unicharm Corp. Household Products 25,500 767,793
Ushio Inc. Electrical Equipment 8,500 109,504
USS Co. Ltd. Specialty Retail 15,300 301,484
Wacoal Corp. Textiles, Apparel & Luxury Goods 3,400 88,266
Welcia Holdings Co. Ltd. Food & Staples Retailing 3,400 138,379
West Japan Railway Co. Road & Rail 11,900 962,692
Yahoo Japan Corp. Interactive Media & Services 161,500 473,677
Yakult Honsha Co. Ltd. Food Products 8,500 500,975
Yamada Denki Co. Ltd. Specialty Retail 45,900 203,214
Yamaguchi Financial Group Inc. Banks 15,300 104,518
Yamaha Corp. Leisure Products 10,200 484,722
Yamaha Motor Co. Ltd. Automobiles 18,700 332,379
Yamato Holdings Co. Ltd. Air Freight & Logistics 23,800 483,997
Yamato Kogyo Co. Ltd. Metals & Mining 1,700 49,545
Yamazaki Baking Co. Ltd. Food Products 8,500 128,518
Yaoko Co. Ltd. Food & Staples Retailing 1,700 76,921
  Electronic Equipment, Instruments &    
YASKAWA Electric Corp. Components 17,000 577,501
  Electronic Equipment, Instruments &    
Yokogawa Electric Corp. Components 17,000 333,247
Yokohama Rubber Co. Ltd. Auto Components 6,800 124,967
Zenkoku Hosho Co. Ltd. Diversified Financial Services 3,400 130,490
Zensho Holdings Co. Ltd. Hotels, Restaurants & Leisure 6,800 138,222
Zeon Corp. Chemicals 10,200 113,323
Zozo Inc. Internet & Direct Marketing Retail 11,900 223,001
Total Investments before Short Term Investments (Cost $275,245,286)   241,988,629
Short Term Investments (Cost $109,417) 0.1%      
United States 0.0%†      
c,d Institutional Fiduciary Trust Portfolio, 2.05%   11,517 11,517
 
Investments from Cash Collateral Received for Loaned Securities 0.1%    
United States 0.1%      
c,d Institutional Fiduciary Trust Portfolio, 2.05%   97,900 97,900
 
Total Short-Term Investments (Cost $109,417)     109,417
Total Investments (Cost $275,354,703) 98.9%     242,098,046
 
Other Assets, less Liabilities 1.1%     2,763,316
Net Assets 100.0%   $ 244,861,362

 

†Rounds to less than 0.1% of net assets.
aNon-income producing.
bA portion or all of the security is on loan at June 30, 2019.
cSee Note 5 regarding investments in affiliated management investment companies.
dThe rate shown is the annualized seven-day effective yield at period end.

 

FRANKLIN TEMPLETON ETF TRUST              
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)          
 
 
 
 
At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.      
 
 
Futures Contracts              
 
 
              Value/Unrealized
    Number of Notional Expiration   Appreciation
Description Type Contracts Amount* Date   (Depreciation)
Equity Contracts              
Nikkei 225 Mini Long 120 $ 2,367,923 9/12/19 $ 15,474
*As of period end.              

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Japan Hedged ETF Industry Shares Value  
Common Stocks 97.8%        
Japan 97.8%        
ABC-Mart Inc. Specialty Retail 34 $ 2,215
Acom Co. Ltd. Consumer Finance 468   1,685
  Semiconductors & Semiconductor      
Advantest Corp. Equipment 234   6,440
AEON Co. Ltd. Food & Staples Retailing 868   14,912
AEON Financial Service Co. Ltd. Consumer Finance 134   2,158
AEON Mall Co. Ltd. Real Estate Management & Development 68   1,024
AGC Inc. Building Products 234   8,090
Aica Kogyo Co. Ltd. Building Products 68   2,272
a Aiful Corp. Consumer Finance 368   751
AIN Holdings Inc. Food & Staples Retailing 34   1,979
Air Water Inc. Chemicals 200   3,423
Aisin Seiki Co. Ltd. Auto Components 214   7,369
Ajinomoto Co. Inc. Food Products 600   10,403
Alfresa Holdings Corp. Health Care Providers & Services 200   4,934
  Electronic Equipment, Instruments &      
Alps Alpine Co. Ltd. Components 268   4,517
Amada Holdings Co. Ltd. Machinery 334   3,760
ANA Holdings Inc. Airlines 134   4,438
Aoyama Trading Co. Ltd. Specialty Retail 34   666
Aozora Bank Ltd. Banks 168   4,032
a Aplus Financial Co. Ltd. Consumer Finance 100   64
Ariake Japan Co. Ltd. Food Products 24   1,515
Asahi Group Holdings Ltd. Beverages 468   21,046
Asahi Intecc Co. Ltd. Health Care Equipment & Supplies 168   4,138
Asahi Kasei Corp. Chemicals 1,534   16,352
Asics Corp. Textiles, Apparel & Luxury Goods 200   2,166
ASKUL Corp. Internet & Direct Marketing Retail 34   727
Astellas Pharma Inc. Pharmaceuticals 2,300   32,769
Autobacs Seven Co. Ltd. Specialty Retail 68   1,122
Awa Bank Ltd. Banks 34   814
  Electronic Equipment, Instruments &      
Azbil Corp. Components 168   4,104
Bandai Namco Holdings Inc. Leisure Products 234   11,359
Benefit One Inc. Professional Services 68   1,173
Benesse Holdings Inc. Diversified Consumer Services 100   2,328
BIC CAMERA Inc. Specialty Retail 168   1,650
Bridgestone Corp. Auto Components 768   30,238
  Technology Hardware, Storage &      
Brother Industries Ltd. Peripherals 300   5,666
Calbee Inc. Food Products 100   2,699
  Technology Hardware, Storage &      
CANON Inc. Peripherals 1,268   37,026
Canon Marketing Japan Inc. Distributors 68   1,483
Capcom Co. Ltd. Entertainment 100   2,007
Casio Computer Co. Ltd. Household Durables 268   3,328
Central Japan Railway Co. Road & Rail 222   44,466
Chubu Electric Power Co. Inc. Electric Utilities 868   12,177
Chugai Pharmaceutical Co. Ltd. Pharmaceuticals 268   17,512
Chuo Mitsui Trust Holdings Inc. Banks 468   16,967
  Electronic Equipment, Instruments &      
Citizen Watch Co. Ltd. Components 334   1,714
Coca-Cola Bottlers Japan Holdings Inc. Beverages 168   4,255
COMSYS Holdings Corp. Construction & Engineering 134   3,398
Concordia Financial Group Ltd. Banks 1,468   5,464
Cosmo Energy Holdings Co. Ltd. Oil, Gas & Consumable Fuels 68   1,532
Cosmos Pharmaceutical Corp. Food & Staples Retailing 11   1,867
Credit Saison Co. Ltd. Consumer Finance 200   2,341
CyberAgent Inc. Media 134   4,857

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Dai Nippon Printing Co. Ltd. Commercial Services & Supplies 368 7,842
Daicel Corp. Chemicals 368 3,272
Daido Steel Co. Ltd. Metals & Mining 34 1,289
Daifuku Co. Ltd. Machinery 120 6,738
Daiichi Sankyo Co. Ltd. Pharmaceuticals 781 40,848
Daiichikosho Co. Ltd. Entertainment 34 1,581
Daikin Industries Ltd. Building Products 326 42,558
Daishi Hokuetsu Financial Group Inc. Banks 34 870
Daito Trust Construction Co. Ltd. Real Estate Management & Development 84 10,709
Daiwa House Industry Co. Ltd. Real Estate Management & Development 800 23,323
Daiwa Securities Group Inc. Capital Markets 1,934 8,474
DeNA Co. Ltd. Entertainment 134 2,568
Denka Co. Ltd. Chemicals 100 2,965
Denso Corp. Auto Components 568 23,898
Dentsu Inc. Media 268 9,353
DIC Corp. Chemicals 100 2,640
  Semiconductors & Semiconductor    
Disco Corp. Equipment 34 5,579
DMG Mori Co. Ltd. Machinery 134 2,145
Dowa Holdings Co. Ltd. Metals & Mining 68 2,181
East Japan Railway Co. Road & Rail 450 42,101
EBARA Corp. Machinery 134 3,637
Eisai Co. Ltd. Pharmaceuticals 325 18,374
  Independent Power and Renewable    
Electric Power Development Co. Ltd. Electricity Producers 200 4,544
Exedy Corp. Auto Components 34 712
Ezaki Glico Co. Ltd. Food Products 68 3,030
FamilyMart UNY Holdings Co. Ltd. Food & Staples Retailing 268 6,398
Fancl Corp. Personal Products 68 1,673
FANUC Corp. Machinery 238 44,026
Fast Retailing Co. Ltd. Specialty Retail 64 38,689
FP Corp. Containers & Packaging 34 2,076
Fuji Electric Co. Ltd. Electrical Equipment 168 5,793
Fuji Media Holdings Inc. Media 68 948
Fuji Oil Holdings Inc. Food Products 68 2,051
Fuji Seal International Inc. Containers & Packaging 68 2,080
  Technology Hardware, Storage &    
FUJIFILM Holdings Corp. Peripherals 446 22,615
Fujikura Ltd. Electrical Equipment 334 1,256
Fujitsu General Ltd. Household Durables 68 1,081
Fujitsu Ltd. IT Services 234 16,315
Fukuoka Financial Group Inc. Banks 200 3,651
Fukuyama Transporting Co. Ltd. Road & Rail 34 1,231
Furukawa Electric Co. Ltd. Electrical Equipment 68 1,991
Fuyo General Lease Co. Ltd. Diversified Financial Services 25 1,422
Glory Ltd. Machinery 68 1,795
GMO Internet Inc. IT Services 100 1,812
GMO Payment Gateway Inc. IT Services 52 3,576
Goldwin Inc. Textiles, Apparel & Luxury Goods 22 2,759
GS Yuasa Corp. Electrical Equipment 100 1,929
GungHo Online Entertainment Inc. Entertainment 50 1,383
Gunma Bank Ltd. Banks 534 1,869
H2O Retailing Corp. Multiline Retail 100 1,153
Hachijuni Bank Ltd. Banks 568 2,314
Hakuhodo DY Holdings Inc. Media 300 5,051
  Electronic Equipment, Instruments &    
Hamamatsu Photonics K.K. Components 168 6,541
Hankyu Hanshin Holdings Inc. Road & Rail 268 9,602
Haseko Corp. Household Durables 368 3,723
Heiwa Corp. Leisure Products 68 1,397
Hikari Tsushin Inc. Specialty Retail 29 6,323
Hino Motors Ltd. Machinery 268 2,256
  Electronic Equipment, Instruments &    
Hirose Electric Co. Ltd. Components 39 4,351

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
HIS Co. Ltd. Hotels, Restaurants & Leisure 34 846
Hisamitsu Pharmaceutical Co. Inc. Pharmaceuticals 100 3,949
Hitachi Capital Corp. Consumer Finance 68 1,512
Hitachi Chemical Co. Ltd. Chemicals 134 3,639
Hitachi Construction Machinery Co. Ltd. Machinery 134 3,485
  Electronic Equipment, Instruments &    
Hitachi High-Technologies Corp. Components 68 3,497
  Electronic Equipment, Instruments &    
Hitachi Ltd. Components 1,137 41,675
Hitachi Metals Ltd. Metals & Mining 268 3,027
Hitachi Transport System Ltd. Road & Rail 34 1,105
Hokkaido Electric Power Co. Inc. Electric Utilities 234 1,310
Hokugin Financial Group Inc. Banks 134 1,393
a Hokuriku Electric Power Co. Electric Utilities 200 1,450
Honda Motor Co. Ltd. Automobiles 2,068 53,456
  Electronic Equipment, Instruments &    
HORIBA Ltd. Components 34 1,755
Hoshizaki Corp. Machinery 68 5,062
House Foods Group Inc. Food Products 100 3,754
Hoya Corp. Health Care Equipment & Supplies 452 34,628
  Electronic Equipment, Instruments &    
Ibiden Co. Ltd. Components 134 2,346
Ichigo Inc. Real Estate Management & Development 300 880
Idemitsu Kosan Co. Ltd. Oil, Gas & Consumable Fuels 276 8,300
IHI Corp. Machinery 168 4,050
Iida Group Holdings Co. Ltd. Household Durables 168 2,713
INPEX Corp. Oil, Gas & Consumable Fuels 1,134 10,223
Isetan Mitsukoshi Holdings Ltd. Multiline Retail 434 3,521
Isuzu Motors Ltd. Automobiles 634 7,220
Ito En Ltd. Beverages 68 3,168
ITOCHU Corp. Trading Companies & Distributors 1,668 31,900
ITOCHU Techno-Solutions Corp. IT Services 134 3,435
Itoham Yonekyu Holdings Inc. Food Products 168 1,145
Izumi Co. Ltd. Multiline Retail 52 2,102
J Front Retailing Co. Ltd. Multiline Retail 300 3,439
Japan Airlines Co. Ltd. Airlines 134 4,282
Japan Airport Terminal Co. Ltd. Transportation Infrastructure 68 2,900
  Electronic Equipment, Instruments &    
Japan Aviatn Elect Components 68 998
Japan Exchange Group Inc. Capital Markets 668 10,615
Japan Petroleum Exploration Co. Ltd. Oil, Gas & Consumable Fuels 34 786
Japan Post Bank Co. Ltd. Banks 500 5,077
Japan Post Holdings Co. Ltd. Insurance 1,634 18,503
Japan Post Insurance Co. Ltd. Insurance 234 4,337
Japan Tobacco Inc. Tobacco 1,400 30,920
JFE Holdings Inc. Metals & Mining 634 9,312
JGC Corp. Construction & Engineering 268 3,676
JSR Corp. Chemicals 234 3,694
JTEKT Corp. Machinery 300 3,637
JXTG Holdings Inc. Oil, Gas & Consumable Fuels 3,868 19,186
K's Holdings Corp. Specialty Retail 234 2,209
Kagome Co. Ltd. Food Products 100 2,325
Kajima Corp. Construction & Engineering 568 7,792
Kakaku.com Inc. Interactive Media & Services 168 3,243
Kaken Pharmaceutical Co. Ltd. Pharmaceuticals 34 1,591
Kamigumi Co. Ltd. Transportation Infrastructure 134 3,172
Kandenko Co. Ltd. Construction & Engineering 134 1,119
Kaneka Corp. Chemicals 68 2,556
Kansai Electric Power Co. Inc. Electric Utilities 900 10,312
Kansai Mirai Financial Group Inc Banks 200 1,281
Kansai Paint Co. Ltd. Chemicals 234 4,906
KAO Corp. Personal Products 587 44,731
Kawasaki Heavy Industries Ltd. Machinery 168 3,950
a Kawasaki Kisen Kaisha Ltd. Marine 100 1,221

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
KDDI Corp. Wireless Telecommunication Services 2,068 52,660
Keihan Holdings Co. Ltd. Industrial Conglomerates 123 5,360
Keikyu Corp. Road & Rail 300 5,165
Keio Corp. Road & Rail 134 8,818
Keisei Electric Railway Co. Ltd. Road & Rail 168 6,120
Kewpie Corp. Food Products 134 2,961
  Electronic Equipment, Instruments &    
Keyence Corp. Components 110 67,517
Kikkoman Corp. Food Products 234 10,186
Kinden Corp. Construction & Engineering 168 2,574
Kintetsu Group Holdings Co. Ltd. Road & Rail 224 10,728
Kirin Holdings Co. Ltd. Beverages 1,000 21,566
Kissei Pharmaceutical Co. Ltd. Pharmaceuticals 34 849
Kobayashi Pharmaceutical Co. Ltd. Personal Products 68 4,866
Kobe Steel Ltd. Metals & Mining 368 2,408
Koei Tecmo Holdings Co. Ltd. Entertainment 100 1,861
Koito Manufacturing Co. Ltd. Auto Components 134 7,151
Kokuyo Co. Ltd. Commercial Services & Supplies 100 1,400
Komatsu Ltd. Machinery 1,134 27,366
Komeri Co. Ltd. Specialty Retail 34 695
Konami Holdings Corp. Entertainment 119 5,578
  Technology Hardware, Storage &    
Konica Minolta Inc. Peripherals 568 5,530
KOSE Corp. Personal Products 34 5,702
Kubota Corp. Machinery 1,368 22,766
Kuraray Co. Ltd. Chemicals 434 5,184
Kurita Water Industries Ltd. Machinery 134 3,327
Kusuri No Aoki Holdings Co. Ltd. Food & Staples Retailing 25 1,757
  Electronic Equipment, Instruments &    
Kyocera Corp. Components 380 24,813
Kyorin Holdings Inc. Pharmaceuticals 34 602
Kyoritsu Maintenance Co. Ltd. Hotels, Restaurants & Leisure 34 1,587
Kyowa Exeo Corp. Construction & Engineering 134 3,336
Kyowa Kirin Co. Ltd. Pharmaceuticals 234 4,211
Kyudenko Corp. Construction & Engineering 34 1,021
Kyushu Electric Power Co. Inc. Electric Utilities 568 5,578
Kyushu Financial Group Inc. Banks 468 1,850
Kyushu Railway Co. Road & Rail 200 5,829
Lawson Inc. Food & Staples Retailing 68 3,263
a Line Corp. Interactive Media & Services 68 1,903
LINTEC Corp. Chemicals 68 1,417
Lion Corp. Household Products 300 5,588
LIXIL Group Corp. Building Products 334 5,282
M3 Inc. Health Care Technology 500 9,138
Mabuchi Motor Co. Ltd. Electrical Equipment 68 2,326
Maeda Corp. Construction & Engineering 168 1,344
Maeda Road Construction Co. Ltd. Construction & Engineering 68 1,431
Makita Corp. Machinery 300 10,191
Marubeni Corp. Trading Companies & Distributors 1,968 13,024
Maruha Nichiro Corp. Food Products 34 999
Marui Group Co. Ltd. Multiline Retail 268 5,458
Maruichi Steel Tube Ltd. Metals & Mining 68 1,889
Matsui Securities Co. Ltd. Capital Markets 134 1,264
Matsumotokiyoshi Holdings Co. Ltd. Food & Staples Retailing 100 2,924
Mazda Motor Corp. Automobiles 700 7,306
Mebuki Financial Group Inc. Banks 1,268 3,307
Medipal Holdings Corp. Health Care Providers & Services 200 4,416
Megmilk Snow Brand Co. Ltd. Food Products 34 745
Meiji Holdings Co. Ltd. Food Products 168 12,007
Minebea Mitsumi Inc. Machinery 434 7,351
Miraca Holdings Inc. Health Care Providers & Services 68 1,546
MISUMI Group Inc. Machinery 334 8,376
Mitsubishi Chemical Holdings Corp. Chemicals 1,600 11,177
Mitsubishi Corp. Trading Companies & Distributors 1,600 42,176

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Mitsubishi Electric Corp. Electrical Equipment 2,368 31,188
Mitsubishi Estate Co. Ltd. Real Estate Management & Development 1,368 25,458
Mitsubishi Gas Chemical Co. Inc. Chemicals 234 3,119
Mitsubishi Heavy Industries Ltd. Machinery 352 15,326
Mitsubishi Logistics Corp. Transportation Infrastructure 68 1,871
Mitsubishi Materials Corp. Metals & Mining 168 4,779
Mitsubishi Motors Corp. Automobiles 800 3,831
Mitsubishi Shokuhin Co. Ltd. Food & Staples Retailing 34 892
Mitsubishi Tanabe Pharma Corp. Pharmaceuticals 300 3,341
Mitsubishi UFJ Financial Group Inc. Banks 15,300 72,708
Mitsubishi UFJ Lease & Finance Co. Ltd. Diversified Financial Services 534 2,830
Mitsui & Co. Ltd. Trading Companies & Distributors 2,100 34,188
Mitsui Chemicals Inc. Chemicals 234 5,792
Mitsui Fudosan Co. Ltd. Real Estate Management & Development 1,148 27,837
Mitsui Mining and Smelting Co. Ltd. Metals & Mining 68 1,626
Mitsui O.S.K. Lines Ltd. Marine 134 3,208
Miura Co. Ltd. Machinery 134 4,135
Mizuho Financial Group Inc. Banks 31,500 45,639
Mochida Pharmaceutical Co. Ltd. Pharmaceuticals 34 1,447
Monotaro Co. Ltd. Trading Companies & Distributors 134 3,266
Morinaga & Co. Ltd. Food Products 51 2,485
Morinaga Milk Industry Co. Ltd. Food Products 52 2,058
MS&AD Insurance Group Holdings Inc. Insurance 600 19,046
  Electronic Equipment, Instruments &    
Murata Manufacturing Co. Ltd. Components 700 31,446
Nabtesco Corp. Machinery 134 3,724
Nagase & Co. Ltd. Trading Companies & Distributors 134 2,009
Nagoya Railroad Co. Ltd. Road & Rail 234 6,474
Nankai Electric Railway Co. Ltd. Road & Rail 134 3,259
  Technology Hardware, Storage &    
NEC Corp. Peripherals 300 11,806
a Nexon Co. Ltd. Entertainment 500 7,249
NGK Insulators Ltd. Machinery 268 3,908
NGK Spark Plug Co. Ltd. Auto Components 234 4,392
NH Foods Ltd. Food Products 134 5,740
NHK Spring Co. Ltd. Auto Components 200 1,544
Nichirei Corp. Food Products 134 3,180
Nidec Corp. Electrical Equipment 287 39,225
Nifco Inc. Auto Components 100 2,477
Nihon Kohden Corp. Health Care Equipment & Supplies 100 2,708
Nihon M&A Center Inc. Professional Services 168 4,029
Nihon Unisys Ltd. IT Services 68 2,282
Nikon Corp. Household Durables 434 6,139
Nintendo Co. Ltd. Entertainment 131 48,015
Nippo Corp. Construction & Engineering 68 1,340
  Electronic Equipment, Instruments &    
Nippon Electric Glass Co. Ltd. Components 100 2,533
Nippon Express Co. Ltd. Road & Rail 100 5,318
Nippon Gas Co. Ltd. Gas Utilities 34 864
Nippon Kayaku Co. Ltd. Chemicals 200 2,408
Nippon Paint Holdings Co. Ltd. Chemicals 200 7,759
Nippon Paper Industries Co. Ltd. Paper & Forest Products 100 1,771
Nippon Shinyaku Co. Ltd. Pharmaceuticals 68 4,797
Nippon Shobukai Co. Ltd. Chemicals 34 2,247
Nippon Steel Corp. Metals & Mining 1,000 17,162
Nippon Telegraph & Telephone Corp. Diversified Telecommunication Services 786 36,601
Nippon Television Holdings Inc. Media 68 1,007
Nippon Yusen KK Marine 200 3,210
Nipro Corp. Health Care Equipment & Supplies 134 1,486
Nishi-Nippon Financial Holdings Inc. Banks 200 1,439
Nishi-Nippon Railroad Co. Ltd. Road & Rail 100 2,135
Nissan Chemical Corp. Chemicals 168 7,570
Nissan Motor Co. Ltd. Automobiles 2,400 17,188
Nissan Shatai Co. Ltd. Automobiles 68 661

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Nisshin Seifun Group Inc. Food Products 300 6,847
Nisshinbo Holdings Inc. Industrial Conglomerates 168 1,283
Nissin Foods Holdings Co. Ltd. Food Products 88 5,668
Nitori Co. Ltd. Specialty Retail 93 12,326
Nitto Denko Corp. Chemicals 190 9,377
Noevir Holdings Co. Ltd. Personal Products 23 1,257
NOF Corp. Chemicals 100 3,727
NOK Corp. Auto Components 168 2,517
Nomura Holdings Inc. Capital Markets 4,100 14,438
Nomura Real Estate Holdings Inc. Real Estate Management & Development 134 2,880
Nomura Research Institute Ltd. IT Services 402 6,444
North Pacific Bank Ltd. Banks 334 794
NS Solutions Corp. IT Services 34 1,079
NSK Ltd. Machinery 568 5,061
NTN Corp. Machinery 534 1,586
NTT Data Corp. IT Services 800 10,655
NTT DoCoMo Inc. Wireless Telecommunication Services 1,368 31,902
Obayashi Corp. Construction & Engineering 768 7,563
OBIC Business Consultants Co. Ltd. Software 21 952
OBIC Co. Ltd. IT Services 83 9,399
Odakyu Electric Railway Co. Ltd. Road & Rail 368 9,007
Oji Holdings Corp. Paper & Forest Products 1,100 6,350
Okuma Corp. Machinery 34 1,745
Olympus Corp. Health Care Equipment & Supplies 1,368 15,186
  Electronic Equipment, Instruments &    
Omron Corp. Components 234 12,206
Ono Pharmaceutical Co. Ltd. Pharmaceuticals 534 9,576
Open House Co. Ltd. Real Estate Management & Development 34 1,392
Oracle Corp. Japan Software 34 2,484
Orient Corp. Consumer Finance 700 747
Oriental Land Co. Ltd. Hotels, Restaurants & Leisure 234 28,973
ORIX Corp. Diversified Financial Services 1,600 23,880
Osaka Gas Co. Ltd. Gas Utilities 500 8,711
OSG Corp. Machinery 100 1,971
Otsuka Corp. IT Services 134 5,392
Otsuka Holdings Co. Ltd. Pharmaceuticals 517 16,872
Paltac Corp. Distributors 34 1,868
Pan Pacific International Holdings Corp. Multiline Retail 158 10,031
Panasonic Corp. Household Durables 2,568 21,394
Park24 Co. Ltd. Commercial Services & Supplies 143 3,330
Penta-Ocean Construction Co. Ltd. Construction & Engineering 334 1,637
a PeptiDream Inc. Biotechnology 100 5,114
Persol Holdings Co. Ltd. Professional Services 200 4,698
Pigeon Corp. Household Products 134 5,392
Pilot Corp. Commercial Services & Supplies 34 1,314
Pola Orbis Holdings Inc. Personal Products 100 2,794
Rakuten Inc. Internet & Direct Marketing Retail 968 11,500
Recruit Holdings Co. Ltd. Professional Services 1,475 49,203
Relo Group Inc. Real Estate Management & Development 134 3,374
  Semiconductors & Semiconductor    
a Renesas Electronics Corp. Equipment 900 4,469
Rengo Co. Ltd. Containers & Packaging 268 2,152
Resona Holdings Inc. Banks 2,734 11,384
Resorttrust Inc. Hotels, Restaurants & Leisure 68 1,041
  Technology Hardware, Storage &    
Ricoh Co. Ltd. Peripherals 834 8,329
Rinnai Corp. Household Durables 34 2,162
  Semiconductors & Semiconductor    
Rohm Co. Ltd. Equipment 100 6,720
Rohto Pharmaceutical Co. Ltd. Pharmaceuticals 134 3,637
Ryohin Keikaku Co. Ltd. Multiline Retail 30 5,419
Sankyo Co. Ltd. Leisure Products 68 2,461
Sankyu Inc. Road & Rail 68 3,572
Sanrio Co. Ltd. Specialty Retail 68 1,510

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Santen Pharmaceutical Co. Ltd. Pharmaceuticals 434 7,190
Sanwa Holdings Corp. Building Products 234 2,515
Sapporo Holdings Ltd. Beverages 68 1,432
Sawai Pharmaceutical Co. Ltd. Pharmaceuticals 34 1,837
SBI Holdings Inc. Capital Markets 268 6,634
  Semiconductors & Semiconductor    
SCREEN Holdings Co. Ltd. Equipment 34 1,419
SCSK Corp. IT Services 56 2,755
Secom Co. Ltd. Commercial Services & Supplies 234 20,142
Sega Sammy Holdings Inc. Leisure Products 234 2,843
Seibu Holdings Inc. Road & Rail 268 4,468
  Technology Hardware, Storage &    
Seiko Epson Corp. Peripherals 334 5,286
Seino Holdings Co. Ltd. Road & Rail 200 2,664
Sekisui Chemical Co. Ltd. Household Durables 468 7,028
Sekisui House Ltd. Household Durables 734 12,096
Seven & i Holdings Co. Ltd. Food & Staples Retailing 949 32,132
Seven Bank Ltd. Banks 868 2,272
SG Holdings Co. Ltd. Air Freight & Logistics 268 7,599
Sharp Corp. Household Durables 200 2,194
Shikoku Electric Power Co. Inc. Electric Utilities 200 1,849
Shima Seiki Manufacturing Ltd. Machinery 34 997
Shimachu Co. Ltd. Specialty Retail 68 1,581
  Electronic Equipment, Instruments &    
Shimadzu Corp. Components 334 8,190
Shimamura Co. Ltd. Specialty Retail 34 2,540
SHIMANO Inc. Leisure Products 100 14,878
Shimizu Corp. Construction & Engineering 634 5,267
Shin-Etsu Chemical Co. Ltd. Chemicals 490 45,639
Shinsei Bank Ltd. Banks 200 3,106
Shionogi & Co. Ltd. Pharmaceuticals 347 19,997
Shiseido Co. Ltd. Personal Products 481 36,256
SHO-BOND Holdings Co. Ltd. Construction & Engineering 68 2,398
Shochiku Co. Ltd. Entertainment 14 1,580
Shoei Co. Ltd. Real Estate Management & Development 434 3,488
Showa Denko K.K. Chemicals 168 4,943
Sky Perfect JSAT Holdings Inc. Media 168 655
Skylark Holdings Co. Ltd. Hotels, Restaurants & Leisure 234 4,085
SMC Corp. Machinery 71 26,472
Softbank Corp. Wireless Telecommunication Services 2,000 25,979
SoftBank Group Corp. Wireless Telecommunication Services 2,086 100,002
Sohgo Security Services Co. Ltd. Commercial Services & Supplies 68 3,137
Sojitz Corp. Trading Companies & Distributors 1,568 5,036
Sompo Holdings Inc. Insurance 434 16,761
Sony Corp. Household Durables 1,537 80,573
Sony Financial Holdings Inc. Insurance 134 3,219
Sotetsu Holdings Inc. Road & Rail 100 2,756
Square Enix Holdings Co. Ltd. Entertainment 100 3,202
Stanley Electric Co. Ltd. Auto Components 168 4,129
Subaru Corp. Automobiles 768 18,669
Sugi Pharmacy Co. Ltd. Food & Staples Retailing 34 1,606
  Semiconductors & Semiconductor    
Sumco Corp. Equipment 300 3,570
Sumitomo Bakelite Co. Ltd. Chemicals 34 1,213
Sumitomo Chemical Co. Ltd. Chemicals 1,900 8,818
Sumitomo Corp. Trading Companies & Distributors 1,400 21,213
Sumitomo Dainippon Pharma Co. Ltd. Pharmaceuticals 200 3,792
Sumitomo Electric Industries Ltd. Auto Components 934 12,262
Sumitomo Forestry Co. Ltd. Household Durables 168 2,013
Sumitomo Heavy Industries Ltd. Machinery 134 4,608
Sumitomo Metal Mining Co. Ltd. Metals & Mining 300 8,963
Sumitomo Mitsui Financial Group Inc. Banks 1,634 57,722
Sumitomo Osaka Cement Co. Ltd. Construction Materials 34 1,351
Sumitomo Realty & Development Co. Ltd. Real Estate Management & Development 486 17,358

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Sumitomo Rubber Industries Ltd. Auto Components 234 2,706
Sundrug Co. Ltd. Food & Staples Retailing 68 1,840
Suntory Beverage & Food Ltd. Beverages 168 7,305
Suzuken Co. Ltd. Health Care Providers & Services 100 5,866
Suzuki Motor Corp. Automobiles 523 24,582
Sysmex Corp. Health Care Equipment & Supplies 234 15,262
T&D Holdings Inc. Insurance 700 7,598
Tadano Ltd. Machinery 134 1,397
Taiheiyo Cement Corp. Construction Materials 134 4,055
Taisei Corp. Construction & Engineering 268 9,738
Taisho Pharmaceutical Holdings Co. Ltd. Pharmaceuticals 54 4,145
Taiyo Nippon Sanso Corp. Chemicals 168 3,568
  Electronic Equipment, Instruments &    
Taiyo Yuden Co. Ltd. Components 168 3,126
Takara Bio Inc. Biotechnology 68 1,296
Takara Holdings Inc. Beverages 200 2,092
Takashimaya Co. Ltd. Multiline Retail 168 1,842
Takeda Pharmaceutical Co. Ltd. Pharmaceuticals 1,871 66,390
  Electronic Equipment, Instruments &    
TDK Corp. Components 155 11,998
TechnoPro Holdings Inc. Professional Services 34 1,805
Teijin Ltd. Chemicals 234 3,990
Terumo Corp. Health Care Equipment & Supplies 800 23,835
The 77 Bank Ltd. Banks 68 1,000
The Bank of Kyoto Ltd. Banks 100 3,866
The Chiba Bank Ltd. Banks 800 3,906
The Chugoku Bank Ltd. Banks 200 1,764
The Chugoku Electric Power Co. Inc. Electric Utilities 368 4,638
The Dai-ichi Life Holdings Inc. Insurance 1,368 20,633
The Hiroshima Bank Ltd. Banks 368 1,773
The Iyo Bank Ltd. Banks 334 1,686
The Japan Steel Works Ltd. Machinery 100 1,670
The San-In Godo Bank Ltd. Banks 200 1,281
The Shiga Bank Ltd. Banks 68 1,579
The Shizuoka Bank Ltd. Banks 634 4,672
THK Co. Ltd. Machinery 145 3,466
TIS Inc. IT Services 100 5,096
Tobu Railway Co. Ltd. Road & Rail 268 7,811
Toda Corp. Construction & Engineering 300 1,660
Toho Co. Ltd. Entertainment 134 5,696
Toho Gas Co. Ltd. Gas Utilities 100 3,680
Tohoku Electric Power Co. Inc. Electric Utilities 568 5,741
Tokai Carbon Co. Ltd. Chemicals 234 2,441
Tokai Rika Co. Ltd. Auto Components 68 1,122
Tokai Tokyo Financial Holdings Inc. Capital Markets 268 818
Tokio Marine Holdings Inc. Insurance 810 40,590
Tokuyama Corp. Chemicals 100 2,703
Tokyo Broadcasting System Holdings Inc. Media 68 1,161
Tokyo Century Corp. Diversified Financial Services 68 2,869
a Tokyo Electric Power Co. Holdings Inc. Electric Utilities 1,934 10,088
  Semiconductors & Semiconductor    
Tokyo Electron Ltd. Equipment 194 27,226
Tokyo Gas Co. Ltd. Gas Utilities 534 12,577
Tokyo Tatemono Co. Ltd. Real Estate Management & Development 268 2,978
TOKYU Corp. Road & Rail 600 10,642
Tokyu Fudosan Holdings Corp. Real Estate Management & Development 768 4,241
  Electronic Equipment, Instruments &    
Topcon Corp. Components 134 1,677
Toppan Printing Co. Ltd. Commercial Services & Supplies 334 5,069
Toray Industries Inc. Chemicals 1,800 13,686
Toshiba Corp. Industrial Conglomerates 636 19,805
Toshiba Plant Systems & Services Corp. Construction & Engineering 34 639
Tosoh Corp. Chemicals 368 5,175
TOTO Ltd. Building Products 168 6,635

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Toyo Seikan Group Holdings Ltd. Containers & Packaging 200 3,969
Toyo Suisan Kaisha Ltd. Food Products 100 4,121
Toyo Tire Corp. Auto Components 134 1,762
Toyobo Co. Ltd. Chemicals 100 1,194
Toyoda Gosei Co. Ltd. Auto Components 100 1,950
Toyota Boshoku Corp. Auto Components 68 892
Toyota Industries Corp. Auto Components 200 11,008
Toyota Motor Corp. Automobiles 3,034 188,337
Toyota Tsusho Corp. Trading Companies & Distributors 200 6,061
Trend Micro Inc. Software 134 5,976
TS TECH Co. Ltd. Auto Components 68 1,851
Tsumura & Co. Pharmaceuticals 100 2,789
Tsuruha Holdings Inc. Food & Staples Retailing 34 3,143
TV Asahi Holdings Corp. Media 34 548
Ube Industries Ltd. Chemicals 134 2,779
  Semiconductors & Semiconductor    
Ulvac Inc. Equipment 68 2,155
Unicharm Corp. Household Products 468 14,091
Ushio Inc. Electrical Equipment 134 1,726
USS Co. Ltd. Specialty Retail 268 5,281
Wacoal Corp. Textiles, Apparel & Luxury Goods 68 1,765
Welcia Holdings Co. Ltd. Food & Staples Retailing 68 2,768
West Japan Railway Co. Road & Rail 226 18,283
Yahoo Japan Corp. Interactive Media & Services 2,934 8,605
Yakult Honsha Co. Ltd. Food Products 153 9,018
Yamada Denki Co. Ltd. Specialty Retail 900 3,985
Yamaguchi Financial Group Inc. Banks 268 1,831
Yamaha Corp. Leisure Products 200 9,504
Yamaha Motor Co. Ltd. Automobiles 334 5,937
Yamato Holdings Co. Ltd. Air Freight & Logistics 434 8,826
Yamato Kogyo Co. Ltd. Metals & Mining 34 991
Yamazaki Baking Co. Ltd. Food Products 168 2,540
Yaoko Co. Ltd. Food & Staples Retailing 34 1,538
  Electronic Equipment, Instruments &    
YASKAWA Electric Corp. Components 334 11,346
  Electronic Equipment, Instruments &    
Yokogawa Electric Corp. Components 300 5,881
Yokohama Rubber Co. Ltd. Auto Components 134 2,463
Zenkoku Hosho Co. Ltd. Diversified Financial Services 68 2,610
Zensho Holdings Co. Ltd. Hotels, Restaurants & Leisure 100 2,033
Zeon Corp. Chemicals 168 1,866
Zozo Inc. Internet & Direct Marketing Retail 234 4,385
 
Total Investments before Short Term Investments (Cost $5,231,110)   4,447,146
Short Term Investments (Cost $23) 0.0%†      
Short-Term Investments 0.0%†      
United States 0.0%†      
b,c Institutional Fiduciary Trust Portfolio, 2.05%   23 23
 
Total Investments (Cost $5,231,133) 97.8%     4,447,169
 
Other Assets, less Liabilities 2.2%     100,068
Net Assets 100.0%   $ 4,547,237

 

†Rounds to less than 0.1% of net assets.
aNon-income producing.
bSee Note 5 regarding investments in affiliated management investment companies.
cThe rate shown is the annualized seven-day effective yield at period end.

 

STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

At June 30, 2019 the Fund had the following forward exchange contracts outstanding. See Note 3.            
 
Forward Exchange Contracts                    
 
          Contract Settlement   Unrealized   Unrealized  
Currency Counterpartya Type Quantity   Amount Date   Appreciation   Depreciation  
OTC Forward Exchange Contracts                    
Japanese Yen BOFA Buy 418,390,000 $ 3,867,610 7/2/2019 $ 15,720 $ —  
Japanese Yen BOFA Sell 418,390,000   3,862,459 7/2/2019   —   (20,872 )
Japanese Yen HSBK Buy 418,390,000   3,867,636 7/2/2019   15,694   —  
Japanese Yen HSBK Sell 418,390,000   3,862,205 7/2/2019   —   (21,125 )
Japanese Yen MSCO Buy 171,160,000   1,582,233 7/2/2019   6,406   —  
Japanese Yen MSCO Sell 171,160,000   1,580,119 7/2/2019   —   (8,520 )
Japanese Yen UBSW Buy 418,390,000   3,867,684 7/2/2019   15,647   —  
Japanese Yen UBSW Sell 418,390,000   3,862,170 7/2/2019   —   (21,160 )
Japanese Yen BOFA Sell 143,688,000   1,336,817 8/2/2019   —   (41 )
Japanese Yen HSBK Sell 143,688,000   1,336,829 8/2/2019   —   (29 )
Japanese Yen MSCO Sell 58,782,000   546,882 8/2/2019   —   (19 )
Japanese Yen UBSW Sell 143,688,000   1,336,800 8/2/2019   —   (57 )
Total Forward Exchange Contracts           $ 53,467 $ (71,823 )
Net unrealized appreciation (depreciation)               $ (18,356 )
aMay be comprised of multiple contracts with the same counterparty, currency and settlement date.              
 
At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.              

 

Futures Contracts              
 
 
              Value/Unrealized
    Number of   Notional Expiration   Appreciation
Description Type Contracts   Amount* Date   (Depreciation)
Equity Contracts              
Nikkei 225 Mini Long 2 $ 39,465 9/12/19 $ 156
*As of period end.              

 

Abbreviations

Selected Portfolio

BOFA - Bank of America Corp.
HSBK - HSBC Bank PLC
MSCO - Morgan Stanley
UBSW - UBS AG

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Latin America ETF Industry Shares   Value
Common Stocks 74.0%        
Brazil 40.9%        
Ambev SA Beverages 17,400 $ 81,220
Atacadao Distribuicao Comercio e Industria Ltd. Food & Staples Retailing 1,300   7,462
a B2W Cia Digital Internet & Direct Marketing Retail 700   5,976
B3 SA - Brasil Bolsa Balcao Capital Markets 7,900   77,214
Banco Bradesco SA Banks 4,200   36,656
Banco BTG Pactual SA Capital Markets 1,000   13,275
Banco do Brasil SA Banks 4,200   59,110
Banco Santander Brasil SA Banks 1,600   18,978
BB Seguridade Participacoes SA Insurance 2,700   22,811
BR Malls Paricipacoes SA Real Estate Management & Development 3,100   11,591
a BRF SA Food Products 2,200   16,945
CCR SA Transportation Infrastructure 4,500   16,039
Centrais Eletricas Brasileiras SA Electric Utilities 1,300   11,956
Cia Siderurgica Nacional SA Metals & Mining 2,400   10,464
Cielo SA IT Services 4,400   7,715
Companhia de Saneamento Basico do Estado de Sao Paulo Water Utilities 1,400   17,267
Companhia Energetica de Minas Gerais Electric Utilities 300   1,465
Companhia Paranaense de Energia-Copel Electric Utilities 100   1,223
Cosan SA Oil, Gas & Consumable Fuels 700   8,429
CVC Brasil Operadora e Agencia de Viagens SA Hotels, Restaurants & Leisure 500   6,497
EDP-Energias do Brasil SA Electric Utilities 1,200   5,918
Embraer SA Aerospace & Defense 2,900   14,687
Energisa SA Electric Utilities 735   8,837
  Independent Power and Renewable      
Engie Brasil SA Electricity Producers 725   8,223
Equatorial Energia SA Electric Utilities 700   16,766
Estacio Participacoes SA Diversified Consumer Services 1,000   7,567
Fleury SA Health Care Providers & Services 800   4,456
Grendene SA Textiles, Apparel & Luxury Goods 1,000   2,035
Guararapes Confeccoes SA Textiles, Apparel & Luxury Goods 240   1,013
b Hapvida Participacoes e Investimentos SA, Reg S Health Care Providers & Services 500   5,144
Hypera SA Pharmaceuticals 1,600   12,520
IRB Brasil Resseguros SA Insurance 756   19,429
Klabin SA Containers & Packaging 2,900   12,371
Kroton Educacional SA Diversified Consumer Services 5,900   16,887
Localiza Rent a Car SA Road & Rail 2,200   23,523
Lojas Americanas SA Multiline Retail 900   3,095
Lojas Renner SA Multiline Retail 3,180   39,129
M. Dias Branco SA Food Products 300   3,050
Magazine Luiza SA Multiline Retail 291   16,030
Multiplan Empreendimentos Imobiliarios SA Real Estate Management & Development 1,100   7,967
Natura Cosmeticos SA Personal Products 700   10,317
Notre Dame Intermedica Participacoes SA Health Care Providers & Services 1,500   15,780
Odontoprev SA Health Care Providers & Services 1,100   5,241
Petrobras Distribuidora SA Specialty Retail 1,300   8,480
Petroleo Brasileiro SA Oil, Gas & Consumable Fuels 11,800   92,426
Porto Seguro SA Insurance 400   5,394
Raia Drogasil SA Food & Staples Retailing 899   17,850
a Rumo SA Road & Rail 4,500   24,340
Sao Martinho SA Food Products 700   3,678
Sul America SA Insurance 900   8,811
Suzano SA Paper & Forest Products 2,319   19,876
Tim Participacoes SA Wireless Telecommunication Services 3,200   9,710
Transmissora Alianca de Energia Eletrica SA Electric Utilities 900   6,378
Ultrapar Participacoes SA Oil, Gas & Consumable Fuels 3,364   17,642
Vale SA Metals & Mining 13,700   185,233
a Via Varejo SA Specialty Retail 1,500   1,984

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Weg SA Electrical Equipment 3,000 16,720
      1,110,800
Chile 7.3%      
  Independent Power and Renewable    
AES Gener SA Electricity Producers 11,437 3,138
Aguas Andinas SA, A Water Utilities 11,033 6,500
Banco de Chile Banks 110,981 16,330
Banco de Credito e Inversiones SA Banks 170 11,706
Banco Santander Chile SA Banks 248,168 18,459
Cencosud SA Food & Staples Retailing 5,396 10,570
  Independent Power and Renewable    
Colbun SA Electricity Producers 28,541 5,885
Compania Cervecerias Unidas SA Beverages 593 8,341
ECL SA Electric Utilities 1,895 3,486
a Empresa Nacional de Telecomunicaciones SA Wireless Telecommunication Services 554 5,630
Empresas CMPC SA Paper & Forest Products 4,482 12,279
Empresas COPEC SA Oil, Gas & Consumable Fuels 1,950 21,322
Enel Americas SA Electric Utilities 110,370 19,427
a Enel Americas SA Electric Utilities 35,981 528
Enel Chile SA Electric Utilities 107,798 10,225
Itau CorpBanca Banks 666,326 5,553
Latam Airlines Group SA Airlines 1,232 11,568
Parque Arauco SA Real Estate Management & Development 2,390 6,621
Plaza SA Real Estate Management & Development 1,028 2,404
SACI Falabella Multiline Retail 2,749 17,916
      197,888
Colombia 2.2%      
Almacenes Exito SA Food & Staples Retailing 819 4,260
Bancolombia SA Banks 1,106 13,326
a Corporacion Financiera Colombiana SA Diversified Financial Services 431 3,346
Ecopetrol SA Oil, Gas & Consumable Fuels 19,057 17,351
Grupo de Inversiones Suramericana SA Diversified Financial Services 1,012 10,761
Interconexion Electrica SA ESP Electric Utilities 1,689 9,406
      58,450
Mexico 22.3%      
Alfa SAB de CV Industrial Conglomerates 12,122 11,900
Alpek SAB de CV Chemicals 1,472 1,847
a Alsea de Mexico SAB de CV Hotels, Restaurants & Leisure 2,037 4,006
America Movil SAB de CV, L Wireless Telecommunication Services 109,936 79,941
Arca Continental SAB de CV Beverages 1,573 8,503
Banco del Bajio SA Banks 2,767 5,529
Banco Santander (Mexico), SA, Institucion de Banca Multiple, Grupo      
Financiero Santander, B Banks 6,782 10,368
Becle SA de CV Beverages 2,257 3,499
Cemex SAB de CV Construction Materials 60,633 25,532
Coca-Cola FEMSA SA de CV Beverages 2,063 12,790
  Equity Real Estate Investment Trusts    
Concentradora Fibra Danhos SA de CV (REITs) 895 1,184
El Puerto de Liverpool SAB de CV Multiline Retail 794 4,417
  Equity Real Estate Investment Trusts    
Fibra Uno Administracion SA de CV (REITs) 11,821 15,641
Fomento Economico Mexicano SAB de CV Beverages 8,424 81,540
c GMexico Transportes SAB de CV, 144A Road & Rail 1,697 2,093
Gruma SAB de CV Food Products 813 7,623
Grupo Aeroportuario del Centro Norte SAB de CV Transportation Infrastructure 1,287 7,853
Grupo Aeroportuario del Pacifico SAB de CV Transportation Infrastructure 1,415 14,722
Grupo Aeroportuario del Sureste SAB de CV, B Transportation Infrastructure 812 13,148
Grupo Bimbo SAB de CV, A Food Products 9,543 19,884
Grupo Carso SAB de CV Industrial Conglomerates 1,927 7,178
Grupo Comercial Chedraui SA de CV Food & Staples Retailing 1,180 1,991
Grupo Elektra SAB de CV Banks 259 16,933
Grupo Financiero Banorte SAB de CV Banks 11,288 65,431

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Grupo Financiero Inbursa SAB de CV Banks 9,128 13,190
Grupo Lala SAB de CV Food Products 2,387 2,931
Grupo Mexico SAB de CV, B Metals & Mining 14,399 38,202
Grupo Televisa SA Media 9,993 16,879
Industrias Bachoco SAB de CV, B Food Products 633 2,649
Industrias Penoles SA Metals & Mining 491 6,346
Infraestructura Energetica Nova SAB de CV Gas Utilities 2,076 8,147
a Kimberly-Clark de Mexico SAB de CV, A Household Products 3,396 6,309
Megacable Holdings SAB de CV Media 1,223 5,191
Mexichem SAB de CV Chemicals 4,183 8,772
Nemak SAB de CV Auto Components 2,300 1,077
Promotora y Operadora de Infraestructura SAB de CV Transportation Infrastructure 859 8,528
Regional SAB de CV Banks 903 4,650
a Telesites SAB de CV Diversified Telecommunication Services 5,000 3,076
Wal-Mart de Mexico SAB de CV, V Food & Staples Retailing 20,701 56,462
      605,962
Peru 0.5%      
Compania de Minas Buenaventura SA, ADR Metals & Mining 853 14,219
 
United States 0.8%      
JBS SA Food Products 3,900 21,593
 
Total Common Stocks (Cost $1,980,052)     2,008,912
Preferred Stocks 25.5%      
Brazil 23.8%      
d Alpargatas SA, 0.421%, pfd. Textiles, Apparel & Luxury Goods 750 3,994
a Azul SA, pfd. Airlines 800 9,036
d Banco Bradesco SA, 2.560%, pfd. Banks 16,020 157,749
d Banco do Estado do Rio Grande do Sul SA, 9.023%, pfd., B Banks 800 4,957
d Bradespar SA, 3.772%, pfd. Metals & Mining 900 7,714
a,d Braskem SA, pfd., A Chemicals 800 7,312
d Centrais Eletricas Brasileiras SA, 3.936%, pfd., B Electric Utilities 900 8,454
d Cia Brasileira de Distribuicao, 1.705%, pfd., A Food & Staples Retailing 619 15,291
d Cia de Transmissao de Energia Eletrica Paulista, 7.43 %, pfd. Electric Utilities 700 4,519
d Cia Energetica de Minas Gerais, 4.007%, pfd. Electric Utilities 3,700 14,336
d Cia Paranaense de Energia, 2.988%, pfd., B Electric Utilities 400 5,072
d Gerdau SA, 2.895%, pfd. Metals & Mining 4,200 16,657
d Itau Unibanco Holding SA, 3.969%, pfd. Banks 18,900 178,809
d Itausa - Investimentos Itau SA, 3.173%, pfd. Banks 17,500 58,856
d Lojas Americanas SA, 0.455%, pfd. Multiline Retail 3,000 12,892
d Petroleo Brasileiro SA, 3.597%, pfd. Oil, Gas & Consumable Fuels 15,800 112,997
d Telefonica Brasil SA, 10.146%, pfd. Diversified Telecommunication Services 1,700 22,138
d Usinas Siderurgicas de Minas Gerais SA Usiminas, 1.655%, pfd., A Metals & Mining 1,500 3,499
      644,282
Chile 0.5%      
d Embotelladora Andina SA, 3.866%, pfd., B Beverages 775 2,793
d Sociedad Quimica y Minera de Chile SA, 4.97%, pfd., B Chemicals 382 11,844
      14,637
Colombia 1.2%      
d Bancolombia SA, 2.588%, pfd. Banks 1,801 22,913
d Grupo Aval Acciones y Valores SA, 4.047%, pfd. Banks 16,245 6,509
d Grupo de Inversiones Suramericana SA, 1.688%, pfd. Diversified Financial Services 317 3,127
      32,549
Total Preferred Stocks (Cost $623,303)     691,468
Total Investments (Cost $2,603,355) 99.5%     2,700,380
 
Other Assets, less Liabilities 0.5%     13,206
Net Assets 100.0%   $ 2,713,586
 
aNon-income producing.      

 

 

FRANKLIN TEMPLETON ETF TRUST

STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

bSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. This security has been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June 30,
2019, the value of this security was $5,144, representing 0.2% of net assets.
cSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified
institutional buyers or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by
the Fund's Board of Trustees. At June 30, 2019, the aggregate value of these securities was $2,093, representing 0.1% of net assets.
dVariable rate security. The rate shown represents the yield at period end.

At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.

Futures Contracts              
 
 
                Value/Unrealized
      Number of   Notional Expiration   Appreciation
Description Type Contracts   Amount* Date   (Depreciation)
Equity Contracts              
MINI Bovespa Index Long 2 $ 10,574 8/14/19 $ 186
 
*As of period end.              
 
Abbreviations              
 
Selected Portfolio              
 
ADR - American Depositary Receipt              
REIT - Real Estate Investment Trust              

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Mexico ETF Industry Shares   Value
Common Stocks 99.8%        
Mexico 99.8%        
Alfa SAB de CV Industrial Conglomerates 98,436   96,634
Alpek SAB de CV Chemicals 12,172   15,276
a Alsea de Mexico SAB de CV Hotels, Restaurants & Leisure 16,892   33,218
America Movil SAB de CV, L Wireless Telecommunication Services 717,032   521,399
Arca Continental SAB de CV Beverages 12,600   68,110
Banco del Bajio SA Banks 22,384   44,729
Banco Santander (Mexico), SA, Institucion de Banca Multiple, Grupo        
Financiero Santander, B Banks 55,104   84,241
Becle SA de CV Beverages 17,800   27,592
Cemex SAB de CV Construction Materials 483,336   203,532
Coca-Cola FEMSA SA de CV Beverages 16,684   103,439
  Equity Real Estate Investment Trusts      
Concentradora Fibra Danhos SA de CV (REITs) 7,468   9,877
El Puerto de Liverpool SAB de CV Multiline Retail 6,408   35,646
  Equity Real Estate Investment Trusts      
Fibra Uno Administracion SA de CV (REITs) 96,128   127,192
Fomento Economico Mexicano SAB de CV Beverages 54,816   530,594
b GMexico Transportes SAB de CV, 144A Road & Rail 13,992   17,254
Gruma SAB de CV Food Products 6,524   61,173
Grupo Aeroportuario del Centro Norte SAB de CV Transportation Infrastructure 10,416   63,553
Grupo Aeroportuario del Pacifico SAB de CV Transportation Infrastructure 11,440   119,023
Grupo Aeroportuario del Sureste SAB de CV, B Transportation Infrastructure 6,572   106,419
Grupo Bimbo SAB de CV, A Food Products 76,480   159,356
Grupo Carso SAB de CV Industrial Conglomerates 15,560   57,958
Grupo Comercial Chedraui SA de CV Food & Staples Retailing 9,648   16,281
Grupo Elektra SAB de CV Banks 2,092   136,770
Grupo Financiero Banorte SAB de CV Banks 74,784   433,484
Grupo Financiero Inbursa SAB de CV Banks 73,300   105,915
Grupo Lala SAB de CV Food Products 18,736   23,006
Grupo Mexico SAB de CV, B Metals & Mining 100,064   265,478
Grupo Televisa SA Media 80,260   135,566
Industrias Bachoco SAB de CV, B Food Products 5,208   21,795
Industrias Penoles SA Metals & Mining 4,024   52,008
Infraestructura Energetica Nova SAB de CV Gas Utilities 16,716   65,597
a Kimberly-Clark de Mexico SAB de CV, A Household Products 27,064   50,278
Megacable Holdings SAB de CV Media 9,744   41,357
Mexichem SAB de CV Chemicals 33,472   70,196
Nemak SAB de CV Auto Components 19,056   8,927
Promotora y Operadora de Infraestructura SAB de CV Transportation Infrastructure 6,944   68,939
Regional SAB de CV Banks 7,364   37,921
a Telesites SAB de CV Diversified Telecommunication Services 41,788   25,710
Wal-Mart de Mexico SAB de CV, V Food & Staples Retailing 137,936   376,222
Total Investments (Cost $4,743,182) 99.8%       4,421,665
 
Other Assets, less Liabilities 0.2%       9,228
Net Assets 100.0%     $ 4,430,893

 

aNon-income producing.
bSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified
institutional buyers or in a public offering registered under the Securities Act of 1933. This security has been deemed liquid under guidelines approved by the
Fund's Board of Trustees. At June 30, 2019, the value of this security was $17,254, representing 0.4% of net assets.

Abbreviations

Selected Portfolio

REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Russia ETF Industry Shares   Value
Common Stocks 94.5%        
Russia 94.5%        
Aeroflot - Russian Airlines PJSC Airlines 83,215 $ 134,252
Alrosa PJSC Metals & Mining 267,014   364,231
Federal Grid Co. Unified Energy System PJSC Electric Utilities 41,343,896   132,733
Federal Hydrogenerating Co. Electric Utilities 18,255,699   173,773
Gazprom PJSC Oil, Gas & Consumable Fuels 639,584   2,360,909
Inter RAO UES PJSC Electric Utilities 4,905,153   352,207
LUKOIL PJSC Oil, Gas & Consumable Fuels 28,809   2,423,016
Magnit PJSC Food & Staples Retailing 6,435   381,050
Magnitogorsk Iron & Steel Works Metals & Mining 281,149   200,515
MMC Norilsk Nickel PJSC Metals & Mining 2,167   491,565
Mobile TeleSystems PJSC Wireless Telecommunication Services 86,669   391,470
Moscow Exchange MICEX Capital Markets 228,118   326,038
Mosenergo PAO Electric Utilities 1,269,939   50,536
NLMK PJSC Metals & Mining 119,669   302,991
NovaTek PJSC Oil, Gas & Consumable Fuels 32,043   679,418
PhosAgro PJSC Chemicals 5,610   220,931
Polyus Gold OJSC Metals & Mining 3,817   352,683
Rosneft PJSC Oil, Gas & Consumable Fuels 66,242   435,312
Rosseti PJSC Electric Utilities 4,685,340   102,509
Rostelecom PJSC Diversified Telecommunication Services 137,137   176,435
a RussNeft PJSC Oil, Gas & Consumable Fuels 7,095   67,694
Sberbank of Russia PJSC Banks 623,799   2,359,211
Severstal PJSC Metals & Mining 20,295   343,511
Sistema PJSFC Wireless Telecommunication Services 449,152   70,305
Surgutneftegas PJSC Oil, Gas & Consumable Fuels 395,032   164,965
Tatneft PAO Oil, Gas & Consumable Fuels 47,509   583,666
  Independent Power and Renewable      
Unipro PJSC Electricity Producers 1,649,505   68,648
VTB Bank PJSC Banks 561,221,804   354,840
Total Common Stocks (Cost $11,883,822)       14,065,414
Preferred Stocks 5.4%        
Russia 5.4%        
b Bashneft PJSC, 9.651%, pfd. Oil, Gas & Consumable Fuels 3,058   79,850
b Surgutneftegas PJSC, 3.239%, pfd. Oil, Gas & Consumable Fuels 425,370   287,356
b Tatneft PJSC, 10.168%, pfd., 3 Oil, Gas & Consumable Fuels 4,675   47,154
b Transneft PJSC, 4.580%, pfd. Oil, Gas & Consumable Fuels 148   388,214
Total Preferred Stocks (Cost $740,101)       802,574
Total Investments (Cost $12,623,923) 99.9%       14,867,988
 
Other Assets, less Liabilities 0.1%       18,352
Net Assets 100.0%     $ 14,886,340
 
aNon-income producing.        
bVariable rate security. The rate shown represents the yield at period end.        

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Saudi Arabia ETF Industry Shares   Value
Common Stocks 99.9%        
Saudi Arabia 99.9%        
Abdullah Al Othaim Markets Co. Food & Staples Retailing 872 $ 18,136
Advanced Petrochemical Co. Chemicals 1,908   30,526
a Al Hammadi Co. for Development and Investment Health Care Providers & Services 1,164   6,673
Al-Rajhi Bank Banks 18,212   337,992
Alinma Bank Banks 12,552   81,532
Almarai Co. JSC Food Products 5,000   70,262
Bank Al-Jazira Banks 7,948   32,171
a Bank Albilad Banks 7,270   52,728
Bupa Arabia for Cooperative Insurance Co. Insurance 1,228   31,533
Dallah Healthcare Co. Health Care Providers & Services 594   7,809
a Dar Al Arkan Real Estate Development Co. Real Estate Management & Development 10,468   32,770
a Emaar Economic City Real Estate Management & Development 8,238   21,857
a Etihad Etisalat Co. Wireless Telecommunication Services 7,462   47,793
a Fawaz Abdulaziz Al Hokair & Co. Specialty Retail 1,288   8,366
Jarir Marketing Co. Specialty Retail 1,164   51,275
a Middle East Healthcare Co. Health Care Providers & Services 672   4,919
a Mobile Telecommunications Co. Wireless Telecommunication Services 5,658   18,104
Mouwasat Medical Services Co. Health Care Providers & Services 950   22,773
National Commercial Bank Banks 20,168   297,929
a National Industrialization Co. Chemicals 6,484   29,288
National Petrochemical Co. Chemicals 2,376   15,573
a Rabigh Refining and Petrochemical Co. Oil, Gas & Consumable Fuels 4,332   23,865
Riyad Bank Banks 17,048   121,828
Sahara International Petrochemical Co. Chemicals 7,108   39,196
Samba Financial Group Banks 12,404   117,086
Saudi Airlines Catering Co. Hotels, Restaurants & Leisure 752   17,124
Saudi Arabian Fertilizer Co. Chemicals 3,614   81,719
a Saudi Arabian Mining Co. Metals & Mining 6,494   84,157
Saudi Basic Industries Corp. Chemicals 13,278   404,332
Saudi Cement Co. Construction Materials 1,482   27,702
Saudi Electricity Co. Electric Utilities 15,658   78,076
Saudi Ground Services Co. Transportation Infrastructure 1,392   10,671
Saudi Industrial Investment Group Chemicals 4,362   28,659
a Saudi Kayan Petrochemical Co. Chemicals 14,538   47,371
Saudi Pharmaceutical Industries & Medical Appliances Corp. Pharmaceuticals 1,164   8,210
a Saudi Research & Marketing Group Media 648   16,208
Saudi Telecom Co. Diversified Telecommunication Services 9,052   251,508
Savola Al-Azizia United Co. Food Products 5,176   45,132
Seera Group Holdings Hotels, Restaurants & Leisure 2,844   13,271
a The Company for Cooperative Insurance Insurance 1,212   22,623
The Qassim Cement Construction Materials 872   10,766
Yanbu Cement Construction Materials 1,526   12,411
Yanbu National Petrochemical Co. Chemicals 4,408   74,049
Total Investments (Cost $2,503,610) 99.9%       2,755,973
 
Other Assets, less Liabilities 0.1%       2,614
Net Assets 100.0%     $ 2,758,587
 
aNon-income producing.        

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE South Africa ETF Industry Shares   Value
Common Stocks 99.8%        
Isle Of Man 0.2%        
MAS Real Estate Inc. Real Estate Management & Development 3,796 $ 5,626
 
Romania 1.0%        
NEPI Rockcastle PLC Real Estate Management & Development 3,134   28,761
 
South Africa 97.7%        
Absa Group Ltd. Banks 6,442   80,404
African Rainbow Minerals Ltd. Metals & Mining 930   12,014
Anglo American Platinum Ltd. Metals & Mining 538   31,931
AngloGold Ashanti Ltd. Metals & Mining 3,698   66,613
Aspen Pharmacare Holdings Ltd. Pharmaceuticals 3,410   24,291
Assore Ltd. Metals & Mining 298   7,751
  Equity Real Estate Investment Trusts      
Attacq Ltd. (REITs) 6,100   5,676
AVI Ltd. Food Products 2,928   18,970
Barloworld Ltd. Trading Companies & Distributors 1,894   17,192
Bid Corp. Ltd. Food & Staples Retailing 2,960   64,440
Bidvest Group Ltd. Industrial Conglomerates 3,012   40,445
a Brait SE Capital Markets 2,840   3,726
Capitec Bank Holdings Ltd. Banks 474   43,656
Clicks Group Ltd. Food & Staples Retailing 2,250   32,756
Coronation Fund Managers Ltd. Capital Markets 2,294   7,272
b Dis-Chem Pharmacies Ltd., Reg S Food & Staples Retailing 3,440   6,162
Discovery Ltd. Insurance 3,228   34,134
Distell Group Holdings Ltd. Beverages 706   6,494
Exxaro Resources Ltd. Oil, Gas & Consumable Fuels 2,238   27,296
FirstRand Ltd. Diversified Financial Services 28,348   137,807
  Equity Real Estate Investment Trusts      
Fortress REIT Ltd. (REITs) 7,774   6,660
  Equity Real Estate Investment Trusts      
Fortress REIT Ltd., A (REITs) 10,422   15,846
Gold Fields Ltd. Metals & Mining 7,246   39,438
  Equity Real Estate Investment Trusts      
Growthpoint Properties Ltd. (REITs) 25,832   44,478
a Harmony Gold Mining Co. Ltd. Metals & Mining 4,034   9,080
  Equity Real Estate Investment Trusts      
Hyprop Investments Ltd. (REITs) 2,244   11,119
a Impala Platinum Holdings Ltd. Metals & Mining 6,002   29,688
Imperial Logistics Ltd. Air Freight & Logistics 1,466   5,347
Investec Ltd. Capital Markets 2,682   17,471
JSE Ltd. Capital Markets 748   7,426
KAP Industrial Holdings Ltd. Industrial Conglomerates 23,502   9,317
Kumba Iron Ore Ltd. Metals & Mining 462   16,361
Liberty Holdings Ltd. Insurance 1,074   8,048
Life Healthcare Group Holdings Ltd. Health Care Providers & Services 12,362   19,672
Massmart Holdings Ltd. Food & Staples Retailing 890   3,926
MMI Holdings Ltd. Insurance 8,846   11,900
Motus Holdings Ltd. Specialty Retail 1,562   8,100
Mr. Price Group Ltd. Specialty Retail 2,232   31,421
MTN Group Ltd. Wireless Telecommunication Services 16,048   121,487
a MultiChoice Group Ltd. Media 3,800   36,102
Naspers Ltd., N Internet & Direct Marketing Retail 2,284   553,865
Nedbank Group Ltd. Banks 3,550   63,743
Netcare Ltd. Health Care Providers & Services 12,806   16,329
a Northam Platinum Ltd. Metals & Mining 3,120   13,054
Old Mutual Ltd. Insurance 43,100   64,797
b PepKor Holdings Ltd., Reg S Specialty Retail 6,126   7,820
Pick 'N Pay Stores Ltd. Food & Staples Retailing 3,028   14,817
Pioneer Foods Group Ltd. Food Products 1,232   6,028

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
 
PSG Group Ltd. Diversified Financial Services 1,456   24,679
Rand Merchant Investment Holdings Ltd. Insurance 6,714   16,174
  Equity Real Estate Investment Trusts      
Redefine Properties Ltd. (REITs) 50,250   32,214
Remgro Ltd. Diversified Financial Services 4,588   61,135
  Equity Real Estate Investment Trusts      
Resilient REIT Ltd. (REITs) 2,542   11,169
Reunert Ltd. Industrial Conglomerates 1,414   6,772
RMB Holdings Ltd. Diversified Financial Services 6,684   40,006
Sanlam Ltd. Insurance 15,584   86,379
Santam Ltd. Insurance 368   7,829
Sappi Ltd. Paper & Forest Products 4,958   19,299
Sasol Ltd. Chemicals 4,976   123,581
Shoprite Holdings Ltd. Food & Staples Retailing 4,202   46,981
a Sibanye Gold Ltd. Metals & Mining 19,278   22,913
Standard Bank Group Ltd. Banks 11,420   159,275
a Super Group Ltd. Specialty Retail 3,172   7,398
Telkom SA SOC Ltd. Diversified Telecommunication Services 2,618   17,116
The Foschini Group Ltd. Specialty Retail 2,050   26,212
The Spar Group Ltd. Food & Staples Retailing 1,718   22,762
Tiger Brands Ltd. Food Products 1,478   23,447
Truworths International Ltd. Specialty Retail 3,808   18,903
Tsogo Sun Holdings Ltd. Hotels, Restaurants & Leisure 4,724   5,102
a Tsogo Sun Hotels Ltd. Hotels, Restaurants & Leisure 4,724   1,407
Vodacom Group Ltd. Wireless Telecommunication Services 5,320   45,148
  Equity Real Estate Investment Trusts      
Vukile Property Fund Ltd. (REITs) 7,382   10,046
Woolworths Holdings Ltd. Multiline Retail 8,520   29,533
        2,727,850
United Kingdom 0.9%        
Mondi Ltd. Paper & Forest Products 1,054   23,691
 
Total Investments (Cost $2,444,753) 99.8%       2,785,928
 
Other Assets, less Liabilities 0.2%       6,593
Net Assets 100.0%     $ 2,792,521

 

aNon-income producing.
bSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. These securities have been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June
30, 2019, the aggregate value of these securities was $13,982, representing 0.5% of net assets.

Abbreviations

Selected Portfolio

REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE South Korea ETF Industry Shares   Value
Common Stocks and Other Equity Interests 95.5%        
South Korea 95.5%        
Amorepacific Corp. Personal Products 896 $ 127,651
AmorePacific Group Personal Products 824   44,460
BGF Co. Ltd. Industrial Conglomerates 768   4,922
BGF Retail Co. Ltd. Food & Staples Retailing 176   32,162
BNK Financial Group Inc. Banks 8,320   53,970
a Celltrion Healthcare Co. Ltd. Health Care Providers & Services 1,648   80,641
a Celltrion Inc. Biotechnology 2,784   495,485
Cheil Worldwide Inc. Media 1,976   50,313
CJ CheilJedang Corp. Food Products 224   57,617
CJ Corp. Industrial Conglomerates 344   30,091
CJ ENM Co. Ltd. Internet & Direct Marketing Retail 272   41,696
a CJ Logistics Corp. Road & Rail 208   24,229
Daelim Industrial Co. Ltd. Construction & Engineering 768   76,491
a Daewoo Engineering & Construction Co. Ltd. Construction & Engineering 4,976   21,289
a Daewoo Shipbuilding & Marine Engineering Co. Ltd. Machinery 1,360   38,516
DB Insurance Co. Ltd. Insurance 1,336   68,614
DGB Financial Group Inc. Banks 4,408   31,113
Dongsuh Cos. Inc. Food & Staples Retailing 864   14,404
a Doosan Bobcat Inc. Machinery 672   21,185
Doosan Corp. Industrial Conglomerates 152   13,230
a Doosan Heavy Industries and Construction Co. Ltd. Electrical Equipment 3,256   17,483
a Doosan Infracore Co. Ltd. Machinery 3,744   20,169
E-MART Inc. Food & Staples Retailing 568   68,869
Fila Korea Ltd. Textiles, Apparel & Luxury Goods 1,480   98,312
GS Engineering & Construction Corp. Construction & Engineering 1,656   57,870
GS Holdings Corp. Oil, Gas & Consumable Fuels 1,448   64,208
GS Retail Co. Ltd. Food & Staples Retailing 744   25,323
Hana Financial Group Inc. Banks 8,400   272,082
Hankook Tire & Technology Co. Ltd. Auto Components 2,120   64,445
Hanmi Pharm Co. Ltd. Pharmaceuticals 196   68,578
Hanmi Science Co. Ltd. Pharmaceuticals 376   22,209
Hanon Systems Auto Components 4,568   46,089
Hanssem Co. Ltd. Household Durables 272   17,267
a Hanwha Aerospace Co. Ltd. Aerospace & Defense 1,008   29,027
Hanwha Chemical Corp. Chemicals 2,320   45,610
Hanwha Corp. Industrial Conglomerates 1,184   27,379
Hanwha Life Insurance Co. Ltd. Insurance 7,720   21,897
HDC Holdings Co. Ltd. Construction & Engineering 1,040   13,646
HDC Hyundai Development Co-Engineering & Construction Construction & Engineering 864   32,550
a Helixmith Co. Ltd. Biotechnology 384   56,071
a Helixmith Co. Ltd., rts. 8/06/19 Biotechnology 26   725
Hite Jinro Co. Ltd. Beverages 856   15,086
a HLB Inc. Leisure Products 992   30,327
Hotel Shilla Co. Ltd. Specialty Retail 880   73,927
Hyosung TNC Co. Ltd. Textiles, Apparel & Luxury Goods 88   10,822
Hyundai Construction Equipment Co. Ltd. Machinery 352   12,362
Hyundai Department Store Co. Ltd. Multiline Retail 424   30,368
Hyundai Engineering & Construction Co. Ltd. Construction & Engineering 2,056   95,442
Hyundai Glovis Co. Ltd. Air Freight & Logistics 520   72,507
Hyundai Heavy Industries Holdings Co. Ltd. Machinery 296   83,059
Hyundai Marine & Fire Insurance Co. Ltd. Insurance 1,720   42,380
Hyundai Mipo Dockyard Co. Ltd. Machinery 584   24,986
Hyundai Mobis Co. Ltd. Auto Components 1,848   376,914
Hyundai Motor Co. Automobiles 4,008   485,965
Hyundai Steel Co. Metals & Mining 2,120   76,747
Hyundai Wia Corp. Auto Components 456   19,213
Industrial Bank of Korea Banks 7,656   93,160
Kakao Corp. Interactive Media & Services 1,416   161,264
Kangwon Land Inc. Hotels, Restaurants & Leisure 3,016   79,014

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
KB Financial Group Inc. Banks 11,136 442,199
KCC Corp. Building Products 152 36,267
KEPCO Plant Service and Engineering Co. Ltd. Commercial Services & Supplies 616 16,672
Kia Motors Corp. Automobiles 7,272 277,113
Korea Aerospace Industries Ltd. Aerospace & Defense 1,840 57,288
a Korea Electric Power Corp. Electric Utilities 7,216 159,675
Korea Gas Corp. Gas Utilities 744 27,192
Korea Investment Holdings Co. Ltd. Capital Markets 1,080 75,483
a Korea Shipbuilding & Offshore Engineering Co. Ltd. Machinery 1,216 124,796
Korea Zinc Co. Ltd. Metals & Mining 280 115,429
Korean Air Lines Co. Ltd. Airlines 1,360 34,099
KT&G Corp. Tobacco 3,128 266,841
Kumho Petrochemical Co. Ltd. Chemicals 496 41,840
LG Chem Ltd. Chemicals 1,288 395,441
LG Corp. Industrial Conglomerates 2,544 169,431
  Electronic Equipment, Instruments &    
a LG Display Co. Ltd. Components 6,312 97,579
LG Electronics Inc. Household Durables 3,040 208,784
LG Household & Health Care Ltd. Personal Products 248 282,011
LG Uplus Corp. Diversified Telecommunication Services 5,472 68,717
Lotte Chemical Corp. Chemicals 416 90,971
Lotte Chilsung Beverage Co. Ltd. Beverages 96 14,259
Lotte Corp. Industrial Conglomerates 744 28,351
LOTTE Fine Chemical Co. Ltd. Chemicals 504 23,047
Lotte Shopping Co. Ltd. Multiline Retail 312 43,369
LS Corp. Electrical Equipment 488 20,075
Mando Corp. Auto Components 936 23,914
Medy-tox Inc. Biotechnology 116 45,208
Mirae Asset Daewood Co. Ltd. Capital Markets 10,744 76,115
Naver Corp. Interactive Media & Services 3,776 372,809
NCsoft Corp. Entertainment 472 194,989
a Netmarble Corp. Entertainment 496 48,541
NH Investment & Securities Co. Ltd. Capital Markets 3,640 45,711
a NHN Corp. Entertainment 280 18,745
Nongshim Co. Ltd. Food Products 88 19,358
OCI Co. Ltd. Chemicals 512 41,371
Orion Corp. Food Products 616 49,348
Ottogi Corp. Food Products 35 20,764
Paradise Co. Ltd. Hotels, Restaurants & Leisure 1,272 17,957
POSCO Metals & Mining 1,928 408,259
POSCO Chemical Co. Ltd. Construction Materials 592 27,481
Posco International Corp. Trading Companies & Distributors 1,384 21,995
S-1 Corp. Commercial Services & Supplies 536 45,307
S-Oil Corp. Oil, Gas & Consumable Fuels 1,160 84,088
a Samsung Biologics Co. Ltd. Life Sciences Tools & Services 376 104,205
Samsung C&T Corp. Industrial Conglomerates 2,368 196,265
Samsung Card Co. Ltd. Consumer Finance 856 28,320
  Electronic Equipment, Instruments &    
Samsung Electro-Mechanics Co. Ltd. Components 1,576 133,489
  Technology Hardware, Storage &    
Samsung Electronics Co. Ltd. Peripherals 74,336 3,025,845
a Samsung Engineering Co. Ltd. Construction & Engineering 4,464 66,304
Samsung Fire & Marine Insurance Co. Ltd. Insurance 928 215,393
a Samsung Heavy Industries Co. Ltd. Machinery 12,360 87,349
Samsung Life Insurance Co. Ltd. Insurance 1,792 129,746
  Electronic Equipment, Instruments &    
Samsung SDI Co. Ltd. Components 1,488 304,778
Samsung SDS Co. Ltd. IT Services 904 168,328
Samsung Securities Co. Ltd. Capital Markets 1,792 60,683
Shinhan Financial Group Co. Ltd. Banks 12,784 497,122
Shinsegae Co. Ltd. Multiline Retail 192 50,052
a SillaJen Inc. Biotechnology 1,496 64,004
SK Holdings Co. Ltd. Industrial Conglomerates 936 188,067

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
  Semiconductors & Semiconductor    
SK Hynix Inc. Equipment 14,648 881,684
SK Innovation Co. Ltd. Oil, Gas & Consumable Fuels 1,616 222,530
SK Networks Co. Ltd. Trading Companies & Distributors 4,152 18,195
SK Telecom Co. Ltd. Wireless Telecommunication Services 656 147,148
SKC Co. Ltd. Chemicals 536 18,383
Ssangyong Cement Industrial Co. Ltd. Construction Materials 2,904 15,845
Woongjin Coway Co. Ltd. Household Durables 1,592 106,717
Woori Financial Group Inc. Banks 15,752 191,673
Yuhan Corp. Pharmaceuticals 248 52,515
Total Common Stocks (Cost $20,167,889)     15,834,960
Preferred Stocks 4.2%      
South Korea 4.2%      
b Amorepacific Corp.,1.375%, pfd. Personal Products 296 22,098
b CJ CheilJedang Corp., 2.763%, pfd. Food Products 40 4,451
a,c CJ Corp., pfd. Industrial Conglomerates 59 1,874
b Hanwha Corp., 4.235%, pfd. Industrial Conglomerates 624 7,593
b Hyundai Motor Co., 4.751%, pfd., 2 Automobiles 1,016 75,937
b Hyundai Motor Co., 5.12%, pfd. Automobiles 640 43,844
b LG Chem Ltd., 3.095%, pfd. Chemicals 216 36,572
b LG Electronics Inc., 2.410%, pfd. Household Durables 496 14,262
b LG Household & Health Care Ltd., 1.154%, pfd. Personal Products 60 41,883
b Mirae Asset Daewoo Co. Ltd., 5.308%, pfd. Capital Markets 4,008 14,388
  Technology Hardware, Storage &    
b Samsung Electronics Co. Ltd., 3.705%, pfd. Peripherals 13,024 431,445
b Samsung Fire & Marine Insurance Co. Ltd., 6.008%, pfd. Insurance 72 11,941
Total Preferred Stocks (Cost $833,259)     706,288
Total Investments (Cost $21,001,148) 99.7%     16,541,248
 
Other Assets, less Liabilities 0.3%     43,025
Net Assets 100.0%   $ 16,584,273

 

aNon-income producing.
bVariable rate security. The rate shown represents the yield at period end.
cFair valued using significant unobservable inputs. See Note 6 regarding fair value measurements.

 

FRANKLIN TEMPLETON ETF TRUST          
 
Statement of Investments, June 30, 2019 (unaudited)        
 
 
Franklin FTSE Switzerland ETF Industry Shares     Value
Common Stocks 99.8%          
Switzerland 99.8%          
ABB Ltd. Electrical Equipment 7,972   $ 160,176
Adecco Group AG Professional Services 700     42,115
a Alcon Inc. Health Care Equipment & Supplies 2,048     126,619
Baloise Holding AG Insurance 208     36,864
Banque Cantonale Vaudoise Banks 12     9,354
Barry Callebaut AG Food Products 10     20,082
Chocoladefabriken Lindt & Spruengli AG Food Products 10     72,872
a Clariant AG Chemicals 898     18,278
Compagnie Financiere Richemont SA Textiles, Apparel & Luxury Goods 2,280     193,718
a Credit Suisse Group AG Capital Markets 11,240     134,938
DKSH Holding AG Professional Services 152     8,917
a Dufry AG Specialty Retail 134     11,363
EMS-Chemie Holding AG Chemicals 32     20,792
Flughafen Zurich AG Transportation Infrastructure 84     15,835
Geberit AG Building Products 160     74,831
Georg Fischer AG Machinery 18     17,225
Givaudan AG Chemicals 42     118,720
Helvetia Holding AG Insurance 146     18,344
a Julius Baer Group Ltd. Capital Markets 972     43,326
Kuehne + Nagel International AG Marine 226     33,587
a LafargeHolcim Ltd., B Construction Materials 2,118     103,554
  Technology Hardware, Storage &        
Logitech International SA Peripherals 660     26,407
a Lonza Group AG Life Sciences Tools & Services 332     112,165
Nestle SA Food Products 9,766     1,012,258
Novartis AG Pharmaceuticals 7,674     702,073
a OC Oerlikon Corp. AG Machinery 882     10,783
Pargesa Holding SA, B Diversified Financial Services 168     12,966
Partners Group Holding AG Capital Markets 74     58,213
PSP Swiss Property AG Real Estate Management & Development 176     20,596
Roche Holding AG Pharmaceuticals 92     25,817
Roche Holding AG Pharmaceuticals 2,444     688,456
Schindler Holding AG Machinery 86     18,805
Schindler Holding AG, PC Machinery 182     40,563
SGS SA Professional Services 23     58,668
Sika AG Chemicals 622     106,282
Sonova Holding AG Health Care Equipment & Supplies 246     55,962
Straumann Holding AG Health Care Equipment & Supplies 44     38,873
Sulzer AG Machinery 78     8,536
Swatch Group AG Textiles, Apparel & Luxury Goods 130     37,267
Swatch Group AG Textiles, Apparel & Luxury Goods 200     10,841
Swiss Life Holding AG Insurance 152     75,423
a Swiss Prime Site AG Real Estate Management & Development 338     29,553
Swiss Re AG Insurance 1,344     136,799
Swisscom AG Diversified Telecommunication Services 114     57,304
a Temenos AG Software 266     47,648
a UBS Group AG Capital Markets 15,530     184,767
Vifor Pharma AG Pharmaceuticals 200     28,933
Zurich Insurance Group AG Insurance 660     230,086
Total Investments (Cost $4,813,677) 99.8%         5,117,554
 
Other Assets, less Liabilities 0.2%         11,983
Net Assets 100.0%     $   5,129,537
 
aNon-income producing.          

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE Taiwan ETF Industry Shares   Value
Common Stocks 99.3%        
Taiwan 99.3%        
  Technology Hardware, Storage &      
Acer Inc. Peripherals 81,000 $ 50,202
  Technology Hardware, Storage &      
Advantech Co. Ltd. Peripherals 11,000   93,498
  Semiconductors & Semiconductor      
ASE Industrial Holding Co. Ltd. Equipment 99,000   196,027
Asia Cement Corp. Construction Materials 66,000   101,042
  Technology Hardware, Storage &      
Asustek Computer Inc. Peripherals 21,000   150,775
  Electronic Equipment, Instruments &      
AU Optronics Corp. Components 252,000   75,455
Capital Securities Corp. Capital Markets 63,470   19,372
  Technology Hardware, Storage &      
Catcher Technology Co. Ltd. Peripherals 21,000   150,437
a Cathay Financial Holding Co. Ltd. Insurance 231,000   319,805
Chailease Holding Co. Ltd. Diversified Financial Services 36,000   148,940
Chang Hwa Commercial Bank Ltd. Banks 177,360   119,631
Cheng Shin Rubber Industry Co. Ltd. Auto Components 54,000   69,718
  Technology Hardware, Storage &      
Chicony Electronics Co. Ltd. Peripherals 18,030   44,350
China Airlines Ltd. Airlines 78,000   24,711
China Development Financial Holding Corp. Banks 405,000   123,484
China Life Insurance Co. Ltd. Insurance 81,727   65,388
China Motor Corp. Automobiles 15,000   13,378
China Steel Corp. Metals & Mining 363,000   291,597
Chunghwa Telecom Co. Ltd. Diversified Telecommunication Services 111,000   403,838
  Technology Hardware, Storage &      
Compal Electronics Inc. Peripherals 117,000   76,658
CTBC Financial Holding Co. Ltd. Banks 531,000   365,004
  Electronic Equipment, Instruments &      
Delta Electronics Inc. Components 63,000   319,467
E.Sun Financial Holding Co. Ltd. Banks 300,000   251,131
Eclat Textile Co. Ltd. Textiles, Apparel & Luxury Goods 6,000   76,885
  Semiconductors & Semiconductor      
Epistar Corp. Equipment 27,000   21,732
Eternal Materials Co. Ltd. Chemicals 30,630   26,676
EVA Airways Corp. Airlines 66,450   31,985
Evergreen Marine Corp. Taiwan Ltd. Marine 67,196   26,935
Far Eastern International Bank Banks 54,542   21,599
Far Eastern New Century Corp. Industrial Conglomerates 114,000   122,957
Far EasTone Telecommunications Co. Ltd. Wireless Telecommunication Services 45,000   113,444
Feng Hsin Steel Co. Ltd. Metals & Mining 12,000   24,302
Feng Tay Enterprise Co. Ltd. Textiles, Apparel & Luxury Goods 10,000   77,915
First Financial Holding Co. Ltd. Banks 285,950   209,909
Formosa Chemicals & Fibre Corp. Chemicals 99,000   328,305
Formosa Petrochemical Corp. Oil, Gas & Consumable Fuels 39,000   138,750
Formosa Plastics Corp. Chemicals 144,000   530,852
Formosa Taffeta Co. Ltd. Textiles, Apparel & Luxury Goods 27,000   33,990
  Electronic Equipment, Instruments &      
Foxconn Technology Co. Ltd. Components 33,000   67,042
Fubon Financial Holding Co. Ltd. Insurance 216,000   318,859
Giant Manufacturing Co. Ltd. Leisure Products 9,000   70,413
  Semiconductors & Semiconductor      
Globalwafers Co. Ltd. Equipment 6,100   61,767
  Electronic Equipment, Instruments &      
Hon Hai Precision Industry Co. Ltd. Components 348,000   867,213
Hotai Motor Co. Ltd. Specialty Retail 9,000   147,201
  Technology Hardware, Storage &      
a HTC Corp. Peripherals 21,000   24,712

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Hua Nan Financial Holdings Co. Ltd. Banks 252,000 169,166
  Electronic Equipment, Instruments &    
Innolux Corp. Components 246,000 58,056
  Technology Hardware, Storage &    
Inventec Corp. Peripherals 87,000 69,187
  Electronic Equipment, Instruments &    
Largan Precision Co. Ltd. Components 3,000 372,350
  Technology Hardware, Storage &    
Lite-On Technology Corp. Peripherals 60,000 87,896
  Semiconductors & Semiconductor    
MediaTek Inc. Equipment 43,000 434,714
Mega Financial Holding Co. Ltd. Banks 318,000 316,367
Nan Ya Plastics Corp. Chemicals 165,000 417,553
  Semiconductors & Semiconductor    
Nanya Technology Corp. Equipment 24,000 49,840
  Semiconductors & Semiconductor    
Novatek Microelectronics Corp. Ltd. Equipment 17,000 94,689
a OBI Pharma Inc. Biotechnology 3,194 16,968
Oriental Union Chemical Corp. Chemicals 18,000 14,923
  Technology Hardware, Storage &    
Pegatron Corp. Peripherals 57,000 98,550
Pou Chen Corp. Textiles, Apparel & Luxury Goods 78,000 96,685
President Chain Store Corp. Food & Staples Retailing 16,620 160,798
  Technology Hardware, Storage &    
Quanta Computer Inc. Peripherals 78,000 151,683
  Semiconductors & Semiconductor    
Realtek Semiconductor Corp. Equipment 14,000 102,996
Shin Kong Financial Holding Co. Ltd. Insurance 318,000 96,548
SinoPac Financial Holdings Co. Ltd. Banks 306,040 128,586
  Electronic Equipment, Instruments &    
Synnex Technology International Corp. Components 39,000 48,970
Taishin Financial Holding Co. Ltd. Banks 288,000 132,597
Taiwan Business Bank Banks 120,640 53,019
Taiwan Cement Corp. Construction Materials 132,000 195,708
Taiwan Cooperative Financial Holding Co. Ltd. Banks 264,610 177,205
Taiwan Fertilizer Co. Ltd. Chemicals 21,000 32,285
Taiwan Glass Industry Corp. Building Products 48,000 18,777
Taiwan High Speed Rail Corp. Transportation Infrastructure 60,000 88,282
Taiwan Mobile Co. Ltd. Wireless Telecommunication Services 48,000 189,314
Taiwan Secom Co. Ltd. Commercial Services & Supplies 9,000 25,673
  Semiconductors & Semiconductor    
Taiwan Semiconductor Manufacturing Co. Ltd. Equipment 384,000 2,954,845
Teco Electric & Machinery Co. Ltd. Electrical Equipment 54,000 39,640
  Electronic Equipment, Instruments &    
TPK Holding Co. Ltd. Components 9,000 14,358
  Technology Hardware, Storage &    
Transcend Information Inc. Peripherals 9,000 20,747
U-Ming Marine Transport Corp. Marine 12,000 12,924
Uni-President Enterprises Corp. Food Products 141,000 375,431
  Electronic Equipment, Instruments &    
Unimicron Technology Corp. Components 36,000 40,857
  Semiconductors & Semiconductor    
United Microelectronics Corp. Equipment 336,000 150,910
  Semiconductors & Semiconductor    
Vanguard International Semiconductor Corp. Equipment 27,000 56,678
Walsin Lihwa Corp. Electrical Equipment 87,000 41,176
  Electronic Equipment, Instruments &    
Walsin Technology Corp. Components 15,000 79,203
Wan Hai Lines Ltd. Marine 21,000 12,238
  Technology Hardware, Storage &    
Wistron Corp. Peripherals 78,000 60,774
  Electronic Equipment, Instruments &    
Yageo Corp. Components 12,000 101,998
Yuanta Financial Holding Co. Ltd. Capital Markets 327,000 196,350

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
Yulon Motor Co. Ltd. Automobiles 21,000 15,416
Yulon Nissan Motor Co. Ltd. Automobiles 1,000 8,854
Total Investments (Cost $14,273,368) 99.3%     14,899,135
Other Assets, less Liabilities 0.7%     106,580
Net Assets 100.0%   $ 15,005,715

 

aNon-income producing.                
 
At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.        
 
 
Futures Contracts                
 
 
              Value/Unrealized  
    Number of Notional Expiration   Appreciation  
Description Type Contracts Amount* Date   (Depreciation)  
Equity Contracts                
SGX MSCI Taiwan Index Long 2 $ 77,300 7/30/19 $ (84 )
*As of period end.                

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin FTSE United Kingdom ETF Industry Shares   Value
Common Stocks 99.4%        
Australia 2.7%        
Rio Tinto PLC Metals & Mining 12,696 $ 788,601
 
Germany 0.2%        
TUI AG Hotels, Restaurants & Leisure 4,992   49,073
 
Ireland 1.6%        
CRH PLC Construction Materials 9,312   303,632
Flutter Entertainment PLC Hotels, Restaurants & Leisure 888   66,996
Smurfit Kappa Group PLC Containers & Packaging 2,736   82,944
        453,572
Kazakhstan 0.1%        
KAZ Minerals PLC Metals & Mining 2,520   19,365
 
Russia 0.3%        
Evraz PLC Metals & Mining 6,312   53,437
Polymetal International PLC Metals & Mining 3,288   41,713
        95,150
South Africa 0.2%        
Investec PLC Capital Markets 7,464   48,542
Switzerland 1.8%        
a Coca-Cola HBC AG Beverages 2,256   85,332
Glencore PLC Metals & Mining 128,880   448,364
        533,696
United Arab Emirates 0.1%        
NMC Health PLC Health Care Providers & Services 1,008   30,828
 
United Kingdom 92.1%        
3i Group PLC Capital Markets 10,920   154,753
Admiral Group PLC Insurance 2,376   66,768
Anglo American PLC Metals & Mining 11,400   325,650
Antofagasta PLC Metals & Mining 3,960   46,851
Ashmore Group PLC Capital Markets 4,368   28,324
Ashtead Group PLC Trading Companies & Distributors 5,424   155,596
Associated British Foods PLC Food Products 3,984   124,885
AstraZeneca PLC Pharmaceuticals 15,168   1,242,812
Auto Trader Group PLC Interactive Media & Services 10,560   73,623
Aveva Group PLC Software 744   38,273
Aviva PLC Insurance 45,264   239,935
B&M European Value Retail SA Multiline Retail 9,744   41,333
Babcock International Group PLC Commercial Services & Supplies 3,072   17,914
BAE Systems PLC Aerospace & Defense 36,984   233,183
Barclays PLC Banks 198,312   378,083
Barratt Developments PLC Household Durables 11,544   84,127
Bellway PLC Household Durables 1,464   51,891
BHP Group PLC Metals & Mining 24,000   615,478
BP PLC Oil, Gas & Consumable Fuels 230,064   1,606,314
British American Tobacco PLC Tobacco 26,352   921,965
  Equity Real Estate Investment Trusts      
British Land Co. PLC (REITs) 10,920   74,826
BT Group PLC Diversified Telecommunication Services 96,360   240,933
Bunzl PLC Trading Companies & Distributors 3,888   102,775
Burberry Group PLC Textiles, Apparel & Luxury Goods 4,680   110,905
Capital & Counties Properties PLC Real Estate Management & Development 8,232   22,693
Centrica PLC Multi-Utilities 65,232   72,876
Cineworld Group PLC Entertainment 11,424   36,843
a Cobham PLC Aerospace & Defense 27,120   36,776
Compass Group PLC Hotels, Restaurants & Leisure 18,216   437,473

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
ConvaTec Group PLC Health Care Equipment & Supplies 16,440 30,506
Croda International PLC Chemicals 1,440 93,834
CYBG PLC Banks 14,064 34,420
DCC PLC Industrial Conglomerates 1,128 100,780
  Equity Real Estate Investment Trusts    
Derwent London PLC (REITs) 1,200 47,589
Diageo PLC Beverages 26,976 1,161,807
Direct Line Insurance Group PLC Insurance 15,816 66,788
DS Smith PLC Containers & Packaging 14,592 67,321
easyJet PLC Airlines 2,400 29,115
Experian PLC Professional Services 10,440 316,762
a Ferguson PLC Trading Companies & Distributors 2,664 189,866
Fresnillo PLC Metals & Mining 2,064 22,859
G4S PLC Commercial Services & Supplies 17,832 47,205
GlaxoSmithKline PLC Pharmaceuticals 56,616 1,136,022
GVC Holdings PLC Hotels, Restaurants & Leisure 6,744 55,945
  Electronic Equipment, Instruments &    
Halma PLC Components 4,344 111,678
  Equity Real Estate Investment Trusts    
Hammerson PLC (REITs) 8,808 31,063
Hargreaves Lansdown PLC Capital Markets 3,072 75,028
Hikma Pharmaceuticals PLC Pharmaceuticals 1,608 35,241
Hiscox Ltd. Insurance 3,168 68,220
Howden Joinery Group PLC Trading Companies & Distributors 6,672 43,052
HSBC Holdings PLC Banks 233,808 1,954,721
IMI PLC Machinery 3,096 40,900
Imperial Brands PLC Tobacco 11,016 258,923
Inchcape PLC Distributors 4,728 37,067
Informa PLC Media 14,280 151,754
InterContinental Hotels Group PLC Hotels, Restaurants & Leisure 2,088 137,441
International Consolidated Airlines Group SA Airlines 8,760 53,169
Intertek Group PLC Professional Services 1,848 129,404
ITV PLC Media 42,984 59,082
J Sainsbury PLC Food & Staples Retailing 18,456 46,027
JD Sports Fashion PLC Specialty Retail 4,152 30,987
John Wood Group PLC Energy Equipment & Services 7,800 44,870
Johnson Matthey PLC Chemicals 2,184 92,532
a Just Eat PLC Internet & Direct Marketing Retail 6,552 52,117
Kingfisher PLC Specialty Retail 24,216 66,232
  Equity Real Estate Investment Trusts    
Land Securities Group PLC (REITs) 8,136 86,275
Legal & General Group PLC Insurance 68,352 234,442
Lloyds Banking Group PLC Banks 814,800 586,836
London Stock Exchange Group PLC Capital Markets 3,600 251,353
Marks & Spencer Group PLC Multiline Retail 22,396 60,057
Mediclinic International PLC Health Care Providers & Services 4,800 18,626
Meggitt PLC Aerospace & Defense 8,880 59,220
Melrose Industries PLC Electrical Equipment 55,824 128,489
Merlin Entertainments PLC Hotels, Restaurants & Leisure 8,088 46,229
Micro Focus International PLC Software 3,912 102,762
Mondi PLC Paper & Forest Products 4,200 95,682
National Grid PLC Multi-Utilities 39,408 419,192
Next PLC Multiline Retail 1,512 106,338
a Ocado Group PLC Internet & Direct Marketing Retail 5,160 76,638
Pearson PLC Media 8,928 93,106
Pennon Group PLC Water Utilities 4,800 45,377
Persimmon PLC Household Durables 3,624 92,107
Phoenix Group Holdings PLC Insurance 5,976 53,924
Prudential PLC Insurance 30,048 656,234
Quilter PLC Capital Markets 21,192 37,862
Reckitt Benckiser Group PLC Household Products 7,272 575,110
RELX PLC Professional Services 21,720 527,844
  Electronic Equipment, Instruments &    
Renishaw PLC Components 408 22,110

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Rentokil Initial PLC Commercial Services & Supplies 21,096 106,724
Rightmove PLC Interactive Media & Services 10,224 69,576
a Rolls-Royce Holdings PLC Aerospace & Defense 19,656 210,236
Royal Bank of Scotland Group PLC Banks 52,440 146,695
Royal Dutch Shell PLC, A Oil, Gas & Consumable Fuels 50,544 1,654,821
Royal Dutch Shell PLC, B Oil, Gas & Consumable Fuels 43,272 1,421,416
Royal Mail PLC Air Freight & Logistics 10,512 28,349
RPC Group PLC Containers & Packaging 4,512 45,514
RSA Insurance Group PLC Insurance 11,712 85,977
Schroders PLC Capital Markets 1,320 51,239
  Equity Real Estate Investment Trusts    
Segro PLC (REITs) 12,528 116,426
Severn Trent PLC Water Utilities 2,712 70,688
Smith & Nephew PLC Health Care Equipment & Supplies 10,056 218,211
Smiths Group PLC Industrial Conglomerates 4,536 90,347
Spirax-Sarco Engineering PLC Machinery 864 100,999
SSE PLC Electric Utilities 11,976 171,014
St. James's Place Capital PLC Capital Markets 6,000 83,845
Standard Chartered PLC Banks 31,296 284,469
Standard Life Aberdeen PLC Capital Markets 28,344 106,272
Tate & Lyle PLC Food Products 5,328 50,071
Taylor Wimpey PLC Household Durables 37,440 75,168
Tesco PLC Food & Staples Retailing 111,840 322,682
The Berkeley Group Holdings PLC Household Durables 1,416 67,238
The Sage Group PLC Software 12,480 127,448
Travis Perkins PLC Trading Companies & Distributors 2,904 47,105
Unilever PLC Personal Products 12,576 783,388
United Utilities Group PLC Water Utilities 7,824 77,948
Vodafone Group PLC Wireless Telecommunication Services 310,008 510,228
Weir Group PLC Machinery 2,976 58,575
Whitbread PLC Hotels, Restaurants & Leisure 1,992 117,355
William Morrison Supermarkets PLC Food & Staples Retailing 25,128 64,409
WPP PLC Media 14,088 177,541
      26,421,972
United States 0.3%      
Carnival PLC Hotels, Restaurants & Leisure 1,848 81,824
 
Total Investments (Cost $28,770,797) 99.4%     28,522,623
 
Other Assets, less Liabilities 0.6%     176,419
Net Assets 100.0%   $ 28,699,042

 

aNon-income producing.                
 
At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.        
 
 
Futures Contracts                
 
 
              Value/Unrealized  
    Number of Notional Expiration   Appreciation  
Description Type Contracts Amount* Date   (Depreciation)  
Equity Contracts                
FTSE 100 Index Long 2 $ 187,571 9/20/19 $ (397 )
*As of period end.                

 

 

FRANKLIN TEMPLETON ETF TRUST

Statement of Investments, June 30, 2019 (unaudited)

  Franklin Liberty High Yield Corporate ETF Country Principal Amount*   Value
  Corporate Bonds & Notes 97.8%        
  Automobiles & Components 1.0%        
  a Adient US LLC, senior secured note, 144A, 7.00%, 5/15/26 United States 100,000 $ 103,000
 
  Banks 1.0%        
  Royal Bank of Scotland Group PLC, sub. note, 5.125%, 5/28/24 United Kingdom 100,000   106,199
 
  Capital Goods 10.0%        
  a BBA US Holdings Inc., senior note, 144A, 5.375%, 5/01/26 United States 100,000   104,000
  a Beacon Roofing Supply Inc., senior note, 144A, 4.875%, 11/01/25 United States 100,000   99,375
  a Cloud Crane LLC, secured note, second lien, 144A, 10.125%, 8/01/24 United States 100,000   107,750
  H&E Equipment Services Inc., senior note, 5.625%, 9/01/25 United States 100,000   103,225
  a Harsco Corp., senior note, 144A, 5.75%, 7/31/27 United States 100,000   104,386
a Jeld -Wen Inc., senior note, 144A, 4.625%, 12/15/25 United States 100,000   98,375
  a NCI Building Systems Inc., senior secured note, 144A, 8.00%, 4/15/26 United States 100,000   97,750
  a Terex Corp., senior note, 144A, 5.625%, 2/01/25 United States 100,000   101,625
  a The Manitowoc Co. Inc., secured note, second lien, 144A, 9.00%, 4/01/26 United States 100,000   100,250
  a TransDigm Inc., senior secured note, 144A, 6.25%, 3/15/26 United States 100,000   105,500
          1,022,236
  Commercial & Professional Services 1.9%        
  United Rentals North America Inc., senior bond, 5.875%, 9/15/26 United States 100,000   106,875
  a West Corp., senior note, 144A, 8.50%, 10/15/25 United States 100,000   88,000
          194,875
  Consumer Durables & Apparel 1.0%        
  a Ashton Woods USA LLC / Ashton Woods Finance Co., senior note, 144A,        
  9.875%, 4/01/27 United States 100,000   105,875
 
  Consumer Services 8.1%        
  a 1011778 BC ULC / New Red Finance Inc., secured note, second lien,        
  144A, 5.00%, 10/15/25 Canada 100,000   101,030
  a 24 Hour Holdings III LLC, senior note, 144A, 8.00%, 6/01/22 United States 100,000   99,000
  a Ascend Learning LLC, senior note, 144A, 6.875%, 8/01/25 United States 100,000   102,250
  a Downstream Development Authority of the Quapaw Tribe of Oklahoma,        
  secured note, 144A, 10.50%, 2/15/23 United States 100,000   106,250
  a Golden Nugget Inc., senior note, 144A, 6.75%, 10/15/24 United States 100,000   103,250
  a Stars Group Holdings BV / Stars Group US Co-Borrower LLC, senior note,        
  144A, 7.00%, 7/15/26 Netherlands 100,000   106,000
  a Studio City Finance Ltd., senior note, 144A, 7.25%, 2/11/24 Macau 100,000   104,300
  a Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp., senior bond, 144A,        
  5.50%, 3/01/25 United States 100,000   103,530
          825,610
  Diversified Financials 2.0%        
  a HAT Holdings I LLC / II LLC, senior note, 144A, 5.25%, 7/15/24 United States 100,000   102,250
  Springleaf Finance Corp., senior note, 6.625%, 1/15/28 United States 100,000   105,250
          207,500
  Energy 12.6%        
  a Archrock Partners LP / Archrock Partners Finance Corp., senior note,        
  144A, 6.875%, 4/01/27 United States 100,000   105,010
  a California Resources Corp., senior secured note, first lien, 144A, 8.00%,        
  12/15/22 United States 100,000   75,875
  Callon Petroleum Co., senior note, 6.375%, 7/01/26 United States 100,000   101,500
  Cheniere Corpus Christi Holdings LLC, senior secured note, first lien,        
  5.875%, 3/31/25 United States 100,000   111,625
  Cheniere Energy Partners LP, senior secured note, first lien, 5.25%,        
  10/01/25 United States 100,000   103,750
  Chesapeake Energy Corp., senior note, 7.50%, 10/01/26 United States 100,000   89,500
  Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp.,        
  senior note, 5.75%, 4/01/25 United States 100,000   101,750
  a Diamondback Energy Inc., senior note, 144A, 4.75%, 11/01/24 United States 100,000   103,250

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)        
 
 
 
 
Energy Transfer Operating LP, senior note, 5.875%, 1/15/24 United States 100,000   111,402
Martin Midstream Partners LP / Martin Midstream Finance Corp., senior        
note, 7.25%, 2/15/21 United States 100,000   99,620
Nabors Industries Inc., senior note, 5.50%, 1/15/23 United States 100,000   94,000
QEP Resources Inc., senior note, 5.625%, 3/01/26 United States 100,000   94,500
Sunoco LP / Sunoco Finance Corp., senior note, 5.50%, 2/15/26 United States 100,000   104,375
        1,296,157
Food, Beverage & Tobacco 1.0%        
B&G Foods Inc., senior note, 5.25%, 4/01/25 United States 100,000   101,375
 
Health Care Equipment & Services 7.7%        
Avantor Inc., 6.00%, 10/01/24 United States 100,000   106,650
Centene Corp., senior note, 4.75%, 1/15/25 United States 100,000   103,471
a CHS / Community Health Systems Inc., senior note, 144A, 8.125%, 6/30/24 United States 100,000   75,250
DaVita Inc., senior bond, 5.125%, 7/15/24 United States 100,000   100,280
HCA Inc., senior bond, 5.875%, 2/01/29 United States 100,000   109,750
a MEDNAX Inc., senior note, 144A, 6.25%, 1/15/27 United States 100,000   98,625
           a,b Polaris Intermediate Corp., senior note, 144A, PIK, 8.50%, 12/01/22 United States 100,000   88,750
Tenet Healthcare Corp., senior note, 8.125%, 4/01/22 United States 100,000   105,250
        788,026
Household & Personal Products 1.0%        
a Prestige Brands Inc., senior note, 144A, 6.375%, 3/01/24 United States 100,000   105,125
 
Insurance 1.1%        
CNO Financial Group Inc., senior note, 5.25%, 5/30/29 United States 100,000   108,500
 
Materials 16.7%        
a Ardagh Packaging Finance PLC / Ardagh MP Holdings USA Inc., senior        
note, 144A, 6.00%, 2/15/25 Ireland 200,000   207,750
a BWAY Holding Co., senior note, 144A, 7.25%, 4/15/25 United States 100,000   96,875
a Cemex Finance LLC, senior secured note, first lien, 144A, 6.00%, 4/01/24 United States 200,000   206,500
a Element Solutions Inc., senior note, 144A, 5.875%, 12/01/25 United States 100,000   104,625
a First Quantum Minerals Ltd., senior note, 144A, 7.25%, 4/01/23 Canada 200,000   195,500
a Neon Holdings Inc., senior note, 144A, 10.125%, 4/01/26 United States 100,000   98,750
a Novelis Corp., senior bond, 144A, 5.875%, 9/30/26 United States 100,000   101,500
a Owens-Brockway Glass Container Inc., senior note, 144A, 5.875%, 8/15/23 United States 100,000   108,230
a Plastipak Holdings Inc., senior note, 144A, 6.25%, 10/15/25 United States 100,000   91,000
a Rain CII Carbon LLC / CII Carbon Corp., senior note, second lien, 144A,        
7.25%, 4/01/25 United States 100,000   93,000
a Reynolds Group Issuer Inc. / Reynolds Group Issuer LLC / Reynolds Group        
Issuer Luxembourg SA, senior secured note, first lien, 144A, 5.125%,        
7/15/23 United States 100,000   102,125
a Sealed Air Corp., senior bond, 144A, 5.25%, 4/01/23 United States 100,000   105,500
Steel Dynamics Inc., senior bond, 5.00%, 12/15/26 United States 100,000   104,500
a SunCoke Energy Partners LP / SunCoke Energy Partners Finance Corp.,        
senior note, 144A, 7.50%, 6/15/25 United States 100,000   98,000
        1,713,855
Media & Entertainment 12.9%        
a Altice Luxembourg SA, senior note, 144A, 10.50%, 5/15/27 Luxembourg 200,000   206,000
AMC Entertainment Holdings Inc., senior sub. note, 5.875%, 11/15/26 United States 100,000   90,000
CCO Holdings LLC / CCO Holdings Capital Corp.,        
                     senior bond, 5.125%, 2/15/23   100,000   101,830
              a senior bond, 144A, 5.375%, 6/01/29   100,000 USD 103,500
Clear Channel Worldwide Holdings Inc., senior note, 6.50%, 11/15/22 United States 100,000   102,375
a CSC Holdings LLC, senior bond, 144A, 6.625%, 10/15/25 United States 200,000   214,500
DISH DBS Corp., senior note, 5.875%, 7/15/22 United States 100,000   101,875
a Nexstar Escrow Corp., senior note, 144A, 5.625%, 7/15/27 United States 100,000   102,625
a Sirius XM Radio Inc., senior note, 144A, 4.625%, 7/15/24 United States 100,000   102,578
a Univision Communications Inc., senior secured note, first lien, 144A,        
5.125%, 5/15/23 United States 100,000   98,250

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
a WMG Acquisition Corp., secured note, first lien, 144A, 5.00%, 8/01/23 United States 100,000 102,375
      1,325,908
Pharmaceuticals, Biotechnology & Life Sciences 3.9%      
a Bausch Health Cos. Inc., senior bond, 144A, 6.125%, 4/15/25 Canada 100,000 102,372
a,b Eagle Holdings Co. II LLC, senior note, 144A, PIK, 7.625%, 5/15/22 United States 100,000 100,750
Horizon Pharma USA Inc., senior note, 6.625%, 5/01/23 United States 95,000 97,909
a Par Pharmaceutical Inc., senior secured note, 144A, 7.50%, 4/01/27 United States 100,000 98,500
      399,531
Real Estate 1.0%      
CyrusOne LP / CyrusOne Finance Corp., senior note, 5.00%, 3/15/24 United States 100,000 103,000
Retailing 2.0%      
Netflix Inc., senior bond, 5.875%, 2/15/25 United States 100,000 110,500
a Party City Holdings Inc., senior note, 144A, 6.625%, 8/01/26 United States 100,000 97,250
      207,750
Semiconductors & Semiconductor Equipment 2.0%      
a Amkor Technology Inc., senior note, 144A, 6.625%, 9/15/27 United States 100,000 99,885
Qorvo Inc., senior note, 5.50%, 7/15/26 United States 100,000 106,080
      205,965
Software & Services 1.0%      
a Symantec Corp., senior note, 144A, 5.00%, 4/15/25 United States 100,000 102,587
Technology Hardware & Equipment 3.0%      
a CommScope Technologies LLC, senior bond, 144A, 6.00%, 6/15/25 United States 100,000 94,221
a Dell International LLC / EMC Corp., senior note, 144A, 7.125%, 6/15/24 United States 100,000 105,573
a Tempo Acquisition LLC / Tempo Acquisition Finance Corp., senior note,      
      144A, 6.75%, 6/01/25 United States 100,000 103,500
      303,294
Telecommunication Services 3.1%      
a Block Communications Inc., senior note, 144A, 6.875%, 2/15/25 United States 100,000 104,750
Sprint Corp., senior note, 7.625%, 2/15/25 United States 100,000 106,750
T-Mobile USA Inc., senior note, 5.125%, 4/15/25 United States 100,000 104,453
      315,953
Transportation 1.0%      
a DAE Funding LLC, senior note, 144A, 5.75%, 11/15/23 United States 100,000 105,250
Utilities 2.8%      
Calpine Corp., senior note, 5.375%, 1/15/23 United States 100,000 101,411
Clearway Energy Operating LLC, senior bond, 5.00%, 9/15/26 United States 100,000 98,670
Talen Energy Supply LLC, senior note, 6.50%, 6/01/25 United States 100,000 84,250
      284,331
Total Investments before Short Term Investments (Cost $9,814,805)     10,031,902
Short Term Investments 1.5%      
U.S. Government & Agency Securities (Cost $150,000) 1.5%      
c FHLB, 7/01/19   150,000 150,000
Total Investments (Cost $9,964,805) 99.3%     10,181,902
Other Assets, less Liabilities 0.7%     71,101
Net Assets 100.0%   $ 10,253,003

 

*The principal amount is stated in U.S. dollars unless otherwise indicated.
aSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified
institutional buyers or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by
the Fund's Board of Trustees. At June 30, 2019, the aggregate value of these securities was $6,449,452, representing 62.9% of net assets.
bIncome may be received in additional securities and/or cash.
cThe security was issued on a discount basis with no stated coupon rate.

 

FRANKLIN TEMPLETON ETF TRUST

STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

Abbreviations

Selected Portfolio

FHLB - Federal Home Loan Bank
NCI - National Median Cost of Funds Index
PIK - Payment-In-Kind

 

 

FRANKLIN TEMPLETON ETF TRUST      
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin Liberty Intermediate Municipal Opportunities ETF Principal Amount   Value
Municipal Bonds 98.0%      
Alaska 2.2%      
Matanuska-Susitna Borough Lease Revenue, Goose Creek Correctional Center Project, Refunding, 4.00%,      
9/01/30 150,000 $ 164,417
Arizona 3.1%      
La Paz County IDA Education Facility Lease Revenue, Chartere School Solutions-Harmony Public Schools      
Project, Series A, 5.00%, 2/15/28 100,000   114,867
Phoenix Civic Improvement Corp. Wastewater System Revenue, junior lien, Series A, 5.00%, 7/01/25 100,000   120,546
      235,413
California 7.5%      
California School Finance Authority Charter School Revenue, Summit Public Schools-Obligated Group,      
5.00%, 6/01/27 100,000   120,153
California Statewide CDA Revenue, California Baptist University, Refunding, Series A, 3.00%, 11/01/22 100,000   101,401
California Statewide CDA Special Tax Revenue, CFD No. 2015-01, Improvement Area No. 2, University      
District, 5.00%, 9/01/27 100,000   112,986
Orange County CFD No. 2017-1 Special Tax, Esencia Village Improvement Area No. 1, Series A, 5.00%,      
8/15/28 100,000   121,544
Perris Joint Powers Authority Local Agency Revenue, CFD No. 2001-1, Improvement Area Nos. 4 and 5,      
CFD No. 2005-1, Improvement Area 4, Refunding, Series B, 5.00%, 9/01/25 100,000   116,610
      572,694
Colorado 4.4%      
Regional Transportation District Sales Tax Revenue, Fastracks Project, Refunding, Series A, 5.00%,      
11/01/27 100,000   126,416
Southglenn Metropolitan District Special Revenue, In the City of Centennial Colorado, Refunding, 5.00%,      
12/01/30 100,000   105,623
Southlands Metropolitan District No. 1 GO, Aurora, Arapahoe County, Refunding, Series A-1, 3.50%,      
12/01/27 100,000   103,376
      335,415
Delaware 1.5%      
Kent County Student Housing and Dining Facility Revenue, CHF-Dover LLC- Delaware State University      
Project, Series A, 5.00%, 7/01/29 100,000   116,753
Florida 3.9%      
Jacksonville Health Care Facilities Revenue, Brooks Rehabilitation, Genesis Health Inc. Obligated Group,      
Refunding, 5.00%, 11/01/27 100,000   121,118
Miami Health Facilities Authority Revenue, Miami Jewish Health Systems Inc. Project, Refunding, 5.00%,      
7/01/28 150,000   174,742
      295,860
Georgia 1.6%      
Main Street Natural Gas Inc. Gas Supply Revenue, Series A, 5.00%, 5/15/29 100,000   123,982
Illinois 7.5%      
Hillside Tax Increment Revenue, Cook County, Refunding, 5.00%, 1/01/24 100,000   103,521
Illinois State Finance Authority MFHR, Better Housing Foundation Blue Station Project, Series A-1, 4.25%,      
12/01/28 100,000   99,231
Illinois State Finance Authority MFHR, Better Housing Foundation ERNST Portfolio Project, Series A-1,      
4.375%, 12/01/28 100,000   35,000
Railsplitter Tobacco Settlement Authority Revenue, 5.00%, 6/01/27 100,000   119,503

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
Southwestern Illinois Development Authority Revenue, Capital Appreciation, Local Government Program,    
AGMC Insured, zero cpn, 12/01/24 245,000 215,715
    572,970
Kentucky 1.4%    
Louisville/Jefferson County Metro Government Revenue, College, Bellarmine University Project, Refunding    
and Improvement, Series A, 4.00%, 5/01/29 100,000 103,603
Louisiana 1.5%    
Louisiana Local Government Environmental Facilities and CDA Revenue, Student Housing, Provident Group    
- ULM Properties LLC - University of Louisiana at Monroe Project, Series A, 5.00%, 7/01/29 100,000 112,472
Maryland 3.2%    
Maryland EDC Revenue, Economic Development, Transportation Facilities Project, Refunding, Series A,    
5.00%, 6/01/27 100,000 120,890
Montgomery County GO, Consolidated Public Improvement,, Refunding, Series A, 5.00%, 11/01/24 100,000 118,648
    239,538
Massachusetts 1.5%    
Massachusetts State Development Finance Agency Revenue, Foxborough Regional Charter, Series B,    
5.00%, 7/01/27 100,000 112,429
Michigan 1.4%    
Grand Rapids EDC, EDR, Beacon Hill Eastgate Project, Refunding, Series A, 4.00%, 11/01/27 100,000 104,539
Minnesota 6.5%    
Eagan GO, Series A, 4.00%, 2/01/26 100,000 115,016
Mille Lacs County GO, Capital Improvement Plan, Series A, 3.00%, 2/01/24 135,000 143,975
Northern Municipal Power Agency Electric System Revenue, Refunding, 5.00%, 1/01/36 100,000 117,021
St. Louis Park Public Schools ISD No. 283 GO, School Building, Minnesota School District Credit    
Enhancement Program, Series A, 5.00%, 2/01/25 100,000 119,001
    495,013
Missouri 1.5%    
St. Louis County IDA Senior Living Facilities Revenue, Friendship Village, St. Louis Obligated Group,    
Refunding, 5.00%, 9/01/27 100,000 116,588
Montana 1.6%    
Cascade County High School District No. 1 Great Falls GO, School Building, 5.00%, 7/01/25 100,000 119,088
Nevada 4.6%    
Carson City Hospital Revenue, Carson Tahoe Regional Healthcare Project, Refunding, Series A, 5.00%,    
9/01/28 100,000 119,523
Las Vegas Special ID No. 812 Special Assessment, Local Improvement, Summerlin Village 24, 4.00%,    
12/01/22 100,000 103,998
Washoe County School District GO, School Improvement, Series C, 5.00%, 10/01/26 100,000 122,493
    346,014
New Hampshire 1.6%    
New Hampshire State Health and Education Facilities Authority Revenue, University System of New    
Hampshire Issue, Refunding, Series A, 5.00%, 7/01/27 100,000 125,057
New Jersey 1.4%    
Pinelands Regional School District GO, Refunding, AGMC Insured, 3.00%, 8/01/27 100,000 107,290
New York 1.7%    
MTA Revenue, Transportation, Green Bonds, Climate Bond Certified, Refunding, Series B, 5.00%, 11/15/28 100,000 126,554
North Carolina 1.5%    
North Carolina State Medical Care Commission Retirement Facilities Revenue, The United Methodist    
Retirement Homes, first mortgage, Refunding, Series A, 5.00%, 10/01/27 100,000 113,077
Ohio 3.1%    
Franklin County Hospital Facilities Revenue, Nationwide Children's Hospital Project, Refunding, Series A,    
5.00%, 11/01/28 100,000 125,088

 

 

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

Ohio State Air Quality Development Authority Exempt Facilities Revenue, Pratt Paper LLC Project, 3.75%,      
1/15/28 100,000   106,854
      231,942
Oregon 1.6%      
Portland Community College District GO, Multnomah Washington Yamhill Clackamas and Columbia      
Counties, Refunding, 5.00%, 6/15/25 100,000   120,412
 
Pennsylvania 8.6%      
Allegheny County Higher Education Building Authority University Revenue, Robert Morris University, UPMC      
Events Center Project, 5.00%, 10/15/26 100,000   112,309
Allentown Neighborhood Improvement Zone Development Authority Tax Revenue, City Center Project,      
5.00%, 5/01/28 100,000   115,934
Franklin County IDAR, Menno Haven Inc. Project, Refunding, 5.00%, 12/01/28 100,000   113,876
Pennsylvania State Economic Development Financing Authority Revenue, UPMC, Refunding, Series A,      
3.375%, 11/15/33 125,000   129,336
Pennsylvania State GO, First Series, Refunding, 5.00%, 1/01/26 150,000   181,824
      653,279
Tennessee 2.9%      
Lawrenceburg GO, Refunding, 2.50%, 6/01/27 100,000   102,868
Metropolitan Government of Nashville and Davidson County GO, Improvement, Refunding, 4.00%, 7/01/29 100,000   116,129
      218,997
Texas 4.6%      
Cedar Park GO, Williamson and Travis Counties, Refunding and Improvement, 5.00%, 2/15/24 100,000   115,446
Garland GO, Dallas Collin and Rockwall Counties, Refunding, 5.00%, 2/15/27 100,000   124,446
New Hope Cultural Education Facilities Finance Corp. Student Housing Revenue, CHF-Collegiate Housing      
Island Campus LLC, Series A, 5.00%, 4/01/29 100,000   107,150
      347,042
Utah 2.8%      
Provo GO, Refunding, 4.00%, 1/01/23 100,000   109,229
Utah State Building Ownership Authority Lease Revenue, State Facilities Master Lease Program, 2.50%,      
5/15/27 100,000   103,338
      212,567
Vermont 1.5%      
Vermont State Public Power Supply Authority Revenue, Swanton Peaking Facility Project, Refunding, Series      
A, 5.00%, 7/01/28 100,000   117,623
 
Virginia 1.4%      
Peninsula Town Center CDA Special Obligation Revenue, Refunding, 4.50%, 9/01/28 100,000   107,003
 
Washington 6.3%      
Seattle Drainage and Wastewater System Revenue, Improvement and Refunding, 4.00%, 7/01/28 100,000   117,265
Skagit County Public Hospital District No. 1 Revenue, Improvement, Skagit Regional Health, Refunding,      
5.00%, 12/01/29 100,000   115,933
Spokane County School District No. 356 Central Valley GO, 5.00%, 12/01/26 100,000   124,240
University of Washington Revenue, General, Refunding, Series A, 5.00%, 12/01/26 100,000   124,637
      482,075
Wisconsin 4.1%      
Brookfield GO, Waukesha County,, Refunding, 3.00%, 12/01/25 115,000   124,111
PFA Retirement Facilities Revenue, Whitestone Retirement Facilities, first mortgage, Refunding, 4.00%,      
3/01/27 80,000   84,317
Wisconsin Health and Educational Facilities Authority Revenue, St. Johns Communities Inc. Project, Series      
A, 4.00%, 9/15/27 100,000   104,239
      312,667
Total Investments (Cost $7,204,227) 98.0%     7,442,373
 
Other Assets, less Liabilities 2.0%     152,888
Net Assets 100.0%   $ 7,595,261

 

 

FRANKLIN TEMPLETON ETF TRUST

STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

Abbreviations

Selected Portfolio

AGMC - Assured Guaranty Municipal Corp.
CDA - Community Development Authority/Agency
CFD - Community Facilities District
EDC - Economic Development Corp.
EDR - Economic Development Revenue
GO - General Obligation
ID - Improvement District
ISD - Independent School District
IDAR - Industrial Development Authority Revenue
IDA - Industrial Development Authority/Agency
MTA - Metropolitan Transit Authority
MFHR - Multi-Family Housing Revenue
PFA - Public Financing Authority

 

 

FRANKLIN TEMPLETON ETF TRUST        
Statement of Investments, June 30, 2019 (unaudited)        
 
Franklin Liberty International Aggregate Bond ETF Principal Amount     Value
Foreign Government and Agency Securities 89.1%        
Australia 2.3%        
a New South Wales Treasury Corp., senior note, Reg S, 3.00%, 5/20/27 50,000 AUD $ 38,734
         a,b Queensland Treasury Corp., senior bond, Reg S, 144A, 3.25%, 8/21/29 50,000 AUD   39,564
a Western Australian Treasury Corp., senior note, 26, Reg S, 3.00%, 10/21/26 50,000 AUD   38,538
        116,836
Belgium 2.9%        
a Government of Belgium, senior note, Reg S, .50%, 10/22/24 125,000 EUR   149,024
Canada 4.9%        
Government of Canada, 2.75%, 6/01/22 320,000 CAD   253,512
Finland 2.5%        
a Government of Finland, Reg S, .375%, 9/15/20 110,000 EUR   126,642
France 4.0%        
a Government of France, Reg S, 1.00%, 11/25/25 165,000 EUR   204,201
Germany 4.2%        
KFW, senior note, 2.05%, 2/16/26 20,000,000 JPY   215,879
Indonesia 1.7%        
Indonesia Treasury Bond, senior bond, 8.25%, 5/15/36 1,200,000,000 IDR   89,739
Ireland 3.2%        
a Government of Ireland, Reg S, 1.50%, 5/15/50 130,000 EUR   162,919
Italy 9.0%        
Italy Treasury Bond,        
senior bond, 1.25%, 12/01/26 150,000 EUR   166,634
          a,b senior bond, Reg S, 144A, 4.00%, 2/01/37 215,000 EUR   292,806
        459,440
Japan 16.1%        
Development Bank of Japan, senior bond, 2.30%, 3/19/26 20,000,000 JPY   216,028
Government of Japan,        
senior bond, 1.00%, 12/20/35 40,000,000 JPY   424,058
senior note, .10%, 9/20/19 20,000,000 JPY   185,603
        825,689
Mexico 2.1%        
Government of Mexico, M, 7.50%, 6/03/27 2,100,000 cMXN   109,307
Netherlands 3.5%        
a Government of the Netherlands, Reg S, .50%, 7/15/26 150,000 EUR   181,771
Poland 4.8%        
Government of Poland,        
2.50%, 7/25/27 400,000 PLN   108,521
5.75%, 4/25/29 400,000 PLN   138,611
        247,132
South Africa 1.2%        
Government of South Africa, senior bond, 7.00%, 2/28/31 1,000,000 ZAR   60,841
Spain 9.7%        
Government of Spain,        
a Reg S, 2.35%, 7/30/33 170,000 EUR   234,909
a senior bond, Reg S, 5.15%, 10/31/28 160,000 EUR   262,529
        497,438
d Supranational 8.6%        
Asian Development Bank, senior bond, 339-00-1, 2.35%, 6/21/27 20,000,000 JPY   225,521

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)        
 
 
 
a European Investment Bank, senior note, Reg S, 1.90%, 1/26/26 20,000,000 JPY   213,728
        439,249
United Kingdom 8.4%        
United Kingdom Treasury Bond,        
a Reg S, 1.75%, 9/07/37 60,000 GBP   81,127
a Reg S, 2.25%, 9/07/23 120,000 GBP   162,787
a Reg S, 3.50%, 7/22/68 10,000 GBP   22,235
a Reg S, 4.25%, 12/07/46 35,000 GBP   72,229
a Reg S, 4.75%, 12/07/30 50,000 GBP   89,724
        428,102
Total Foreign Government and Agency Securities (Cost $4,423,097)       4,567,721
Corporate Bonds & Notes 8.3%        
Belgium 1.4%        
a Anheuser-Busch InBev SA/NV, senior note, Reg S, 1.50%, 3/17/25 60,000 EUR   73,236
Czech Republic 2.2%        
a Energo-Pro AS, senior note, Reg S, 4.00%, 12/07/22 100,000 EUR   114,509
Guernsey 2.4%        
a Globalworth Real Estate Investments Ltd., senior note, Reg S, 3.00%, 3/29/25 100,000 EUR   121,040
Luxembourg 2.3%        
a Aroundtown SA, senior note, Reg S, 1.625%, 1/31/28 100,000 EUR   114,769
 
Total Corporate Bonds & Notes (Cost $415,074)       423,554
Total Investments (Cost $4,838,171) 97.4%       4,991,275
Other Assets, less Liabilities 2.6%       135,009
Net Assets 100.0%     $ 5,126,284

 

*The principal amount is stated in U.S. dollars unless otherwise indicated.
aSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. These securities have been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June
30, 2019, the aggregate value of these securities was $2,797,021, representing 54.6% of net assets.
bSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified
institutional buyers or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by
the Fund's Board of Trustees. At June 30, 2019, the aggregate value of these securities was $332,370, representing 6.5% of net assets.
cPrincipal amount is stated in 100 Mexican Peso Units.
dA supranational organization is an entity formed by two or more central governments through international treaties.

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin Liberty International Opportunities ETF Industry Shares   Value
Common Stocks 99.0%        
Australia 2.9%        
BHP Group Ltd. Metals & Mining 798 $ 23,049
Commonwealth Bank of Australia Banks 413   23,991
CSL Ltd. Biotechnology 753   113,610
Ramsay Health Care Ltd. Health Care Providers & Services 684   34,675
Rio Tinto Ltd. Metals & Mining 1,134   82,571
        277,896
Austria 0.5%        
Lenzing AG Chemicals 443   49,440
 
Brazil 1.3%        
Ambev SA Beverages 2,500   11,669
a B2W Cia Digital Internet & Direct Marketing Retail 800   6,830
B3 SA - Brasil Bolsa Balcao Capital Markets 2,500   24,435
CCR SA Transportation Infrastructure 4,900   17,464
Companhia Energetica de Minas Gerais Electric Utilities 4,600   22,468
Energisa SA Electric Utilities 900   10,821
Vale SA Metals & Mining 2,100   28,393
        122,080
Canada 6.4%        
Alimentation Couche-Tard Inc., B Food & Staples Retailing 875   55,182
Brookfield Asset Management Inc., A Capital Markets 2,275   109,071
Canadian National Railway Co. Road & Rail 1,225   113,618
Dollarama Inc. Multiline Retail 963   33,951
Enbridge Inc. Oil, Gas & Consumable Fuels 1,575   57,010
Nutrien Ltd. Chemicals 700   37,524
Peyto Exploration & Development Corp. Oil, Gas & Consumable Fuels 2,975   8,924
Royal Bank of Canada Banks 1,094   87,127
TELUS Corp. Diversified Telecommunication Services 1,138   42,004
The Toronto-Dominion Bank Banks 1,181   69,156
        613,567
China 11.8%        
a Alibaba Group Holding Ltd., ADR Internet & Direct Marketing Retail 1,593   269,934
Bank of Ningbo Co. Ltd., A Banks 17,500   61,720
Brilliance China Automotive Holdings Ltd. Automobiles 48,000   53,084
China Merchants Bank Co. Ltd., A Banks 6,700   35,074
China Merchants Bank Co. Ltd., H Banks 15,500   77,277
a Ctrip.com International Ltd., ADR Internet & Direct Marketing Retail 2,870   105,932
a New Oriental Education & Technology Group Inc., ADR Diversified Consumer Services 175   16,901
Ping An Insurance (Group) Co. of China Ltd., H Insurance 14,000   168,090
  Semiconductors & Semiconductor      
Silergy Corp. Equipment 5,000   97,877
  Electronic Equipment, Instruments &      
Sunny Optical Technology Group Co. Ltd. Components 1,800   18,593
Tencent Holdings Ltd. Interactive Media & Services 4,800   216,637
        1,121,119
Denmark 0.6%        
ISS AS Commercial Services & Supplies 1,839   55,585
 
Egypt 0.3%        
a Ezz Steel Co. SAE Metals & Mining 37,815   25,776
 
Finland 0.8%        
Tieto OYJ IT Services 2,703   80,217
 
France 3.4%        
Maisons du Monde SA Specialty Retail 3,406   81,299
Schneider Electric SE Electrical Equipment 1,216   110,450

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Vinci SA Construction & Engineering 1,258 129,021
      320,770
Germany 2.7%      
1&1 Drillisch AG Wireless Telecommunication Services 1,485 49,584
GEA Group AG Machinery 3,600 102,492
Hella GmbH & Co. KGaA Auto Components 2,052 101,605
      253,681
Hong Kong 2.6%      
AIA Group Ltd. Insurance 15,200 163,917
IMAX China Holding Inc. Entertainment 14,000 34,299
a Samsonite International SA Textiles, Apparel & Luxury Goods 23,100 52,986
      251,202
India 3.6%      
Bharti Airtel Ltd. Wireless Telecommunication Services 8,965 45,021
HDFC Bank Ltd. Banks 3,477 123,095
ICICI Bank Ltd. Banks 7,364 46,631
Infosys Ltd. IT Services 4,055 43,001
Kotak Mahindra Bank Ltd. Banks 805 17,226
a MakeMyTrip Ltd. Internet & Direct Marketing Retail 1,225 30,380
UltraTech Cement Ltd. Construction Materials 554 36,564
      341,918
Indonesia 0.8%      
Bank Central Asia Tbk PT Banks 34,800 73,837
 
Ireland 1.0%      
Glanbia PLC Food Products 6,036 98,295
 
Italy 4.9%      
Banca Generali SpA Capital Markets 3,111 89,704
FinecoBank Banca Fineco SpA Banks 10,759 120,196
Freni Brembo SpA Auto Components 8,325 96,038
Prysmian SpA Electrical Equipment 4,470 92,391
Technogym SpA Leisure Equipment & Products 6,147 68,532
      466,861
Japan 13.9%      
Aica Kogyo Co. Ltd. Building Products 900 30,072
Central Japan Railway Co. Road & Rail 200 40,059
COMSYS Holdings Corp. Construction & Engineering 1,900 48,179
Daikin Industries Ltd. Building Products 600 78,328
Denso Corp. Auto Components 1,900 79,940
Fast Retailing Co. Ltd. Specialty Retail 100 60,451
Hoya Corp. Health Care Equipment & Supplies 700 53,627
Idemitsu Kosan Co. Ltd. Oil, Gas & Consumable Fuels 1,200 36,087
Japan Airlines Co. Ltd. Airlines 800 25,565
  Electronic Equipment, Instruments &    
Keyence Corp. Components 100 61,379
Mitsubishi Corp. Trading Companies & Distributors 1,700 44,812
Mitsubishi UFJ Financial Group Inc. Banks 10,100 47,997
Mitsui Fudosan Co. Ltd. Real Estate Management & Development 1,300 31,523
  Electronic Equipment, Instruments &    
Murata Manufacturing Co. Ltd. Components 1,200 53,908
Nidec Corp. Electrical Equipment 600 82,003
Nintendo Co. Ltd. Entertainment 100 36,653
Nippon Telegraph & Telephone Corp. Diversified Telecommunication Services 1,600 74,505
Pola Orbis Holdings Inc. Personal Products 2,600 72,638
  Electronic Equipment, Instruments &    
Shimadzu Corp. Components 1,300 31,879
SoftBank Group Corp. Wireless Telecommunication Services 1,200 57,527
Sony Corp. Household Durables 1,100 57,665
Taiyo Nippon Sanso Corp. Chemicals 2,200 46,720
Takeda Pharmaceutical Co. Ltd. Pharmaceuticals 2,200 78,064

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
The Dai-ichi Life Holdings Inc. Insurance 700 10,558
Toyota Motor Corp. Automobiles 800 49,660
Yahoo Japan Corp. Interactive Media & Services 12,200 35,782
      1,325,581
Mexico 1.2%      
America Movil SAB de CV, L Wireless Telecommunication Services 70,000 50,901
Fomento Economico Mexicano SAB de CV Beverages 6,650 64,369
      115,270
Netherlands 1.2%      
ASR Nederland NV Insurance 2,736 111,420
Norway 1.9%      
a Atea ASA IT Services 5,215 70,952
Sbanken ASA Banks 13,020 111,172
      182,124
Philippines 0.6%      
BDO Unibank Inc. Banks 11,730 32,052
Security Bank Corp. Banks 8,680 28,801
      60,853
Portugal 0.9%      
Corticeira Amorim SGPS SA Containers & Packaging 7,654 88,733
 
Russia 1.4%      
Gazprom PJSC Oil, Gas & Consumable Fuels 20,720 76,484
a Yandex NV, A Interactive Media & Services 1,400 53,200
      129,684
Singapore 1.0%      
DBS Group Holdings Ltd. Banks 4,900 94,020
South Africa 1.6%      
a MultiChoice Group Ltd. Media 560 5,320
Naspers Ltd., N Internet & Direct Marketing Retail 560 135,799
  Equity Real Estate Investment Trusts    
Redefine Properties Ltd. (REITs) 21,308 13,660
      154,779
South Korea 2.5%      
Lotte Chemical Corp. Chemicals 298 65,167
Naver Corp. Interactive Media & Services 578 57,067
  Technology Hardware, Storage &    
Samsung Electronics Co. Ltd. Peripherals 2,800 113,974
      236,208
Spain 5.5%      
Applus Services SA Professional Services 8,866 120,654
Cia de Distribucion Integral Logista Holdings SA Air Freight & Logistics 4,961 112,540
Ebro Foods SA Food Products 4,691 100,539
  Equity Real Estate Investment Trusts    
Merlin Properties Socimi SA (REITs) 9,280 128,930
Tecnicas Reunidas SA Energy Equipment & Services 2,472 63,509
      526,172
Sweden 1.2%      
Dometic Group AB Auto Components 11,438 114,624
Switzerland 4.6%      
a Alcon Inc. Health Care Equipment & Supplies 440 27,203
Novartis AG Pharmaceuticals 2,202 201,455

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
 
Roche Holding AG Pharmaceuticals 754   212,396
        441,054
Taiwan 2.3%        
  Technology Hardware, Storage &      
Ennoconn Corp. Peripherals 4,000   29,620
  Semiconductors & Semiconductor      
Taiwan Semiconductor Manufacturing Co. Ltd. Equipment 25,000   192,373
        221,993
Thailand 1.4%        
Kasikornbank PCL, fgn. Banks 5,000   30,896
Minor International PCL, fgn. Hotels, Restaurants & Leisure 38,500   51,471
The Siam Cement PCL, fgn., fgn. Construction Materials 3,300   50,790
        133,157
United Arab Emirates 0.8%        
Emirates NBD PJSC Banks 27,076   80,347
 
United Kingdom 13.4%        
Amcor PLC, IDR Containers & Packaging 8,567   97,333
Associated British Foods PLC Food Products 2,004   62,819
AstraZeneca PLC Pharmaceuticals 910   74,562
Bodycote PLC Machinery 9,157   96,321
BP PLC Oil, Gas & Consumable Fuels 10,919   76,237
British American Tobacco PLC Tobacco 2,661   93,099
Bunzl PLC Trading Companies & Distributors 3,486   92,149
  Equity Real Estate Investment Trusts      
Derwent London PLC (REITs) 1,628   64,562
DS Smith PLC Containers & Packaging 13,231   61,042
a Ferguson PLC Trading Companies & Distributors 802   57,159
Howden Joinery Group PLC Trading Companies & Distributors 11,593   74,805
b Ibstock PLC, Reg S Construction Materials 18,347   56,741
National Grid PLC Multi-Utilities 8,916   94,842
Prudential PLC Insurance 4,448   97,142
Reckitt Benckiser Group PLC Household Products 578   45,711
RELX PLC Professional Services 2,761   67,098
Smith & Nephew PLC Health Care Equipment & Supplies 3,042   66,010
        1,277,632
Total Common Stocks (Cost $9,323,134)       9,445,895
Preferred Stocks 0.8%        
Brazil 0.8%        
a Azul SA, pfd. Airlines 1,000   11,295
c Banco Bradesco SA, 2.560%, pfd. Banks 3,180   31,313
c Itau Unibanco Holding SA, 3.969%, pfd. Banks 2,000   18,922
c Petroleo Brasileiro SA, 3.597%, pfd. Oil, Gas & Consumable Fuels 2,900   20,740
Total Preferred Stocks (Cost $62,809)       82,270
Warrants (Cost $—) 0.0%        
Thailand 0.0%e        
a Minor International PCL, wts., 9/30/21 Hotels, Restaurants & Leisure 1,925   348
 
Total Investments (Cost $9,385,943) 99.8%       9,528,513
 
Other Assets, less Liabilities 0.2%       14,699
Net Assets 100.0%     $ 9,543,212

 

aNon-income producing.
bSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. This security has been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June 30,
2019, the value of this security was $56,741, representing 0.6% of net assets.
cVariable rate security. The rate shown represents the yield at period end.
dRounds to less than 0.1% of net assets.

 

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

Abbreviations

Selected Portfolio

ADR - American Depositary Receipt
IDR - International Depositary Receipt
REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST

Statement of Investments, June 30, 2019 (unaudited)

Franklin Liberty Investment Grade Corporate ETF Country Principal Amount*   Value
Corporate Bonds & Notes 98.3%        
Aerospace & Defense 3.2%        
L3 Technologies Inc., senior note, 3.85%, 6/15/23 United States 500,000 $ 522,053
Lockheed Martin Corp., senior bond, 3.55%, 1/15/26 United States 2,300,000   2,446,388
United Technologies Corp., senior bond, 4.50%, 6/01/42 United States 1,000,000   1,133,360
        4,101,801
Air Freight & Logistics 0.6%        
FedEx Corp.,        
senior bond, 4.75%, 11/15/45 United States 200,000   209,732
senior bond, 5.10%, 1/15/44 United States 500,000   550,892
        760,624
Automobiles 0.2%        
Ford Motor Credit Co. LLC, senior note, 2.343%, 11/02/20 United States 200,000   198,641
 
Banks 22.8%        
a ANZ New Zealand International Ltd. of London, senior note, 144A, 2.875%,        
1/25/22 New Zealand 200,000   202,390
Bank of America Corp., sub. bond, 4.183%, 11/25/27 United States 3,450,000   3,657,777
Barclays PLC, senior note, 4.375%, 1/12/26 United Kingdom 1,400,000   1,451,905
BB&T Corp., sub. bond, 3.875%, 3/19/29 United States 2,700,000   2,894,479
a BPCE SA, sub note, 144A, 5.15%, 7/21/24 France 1,800,000   1,948,509
Citigroup Inc.,        
senior note, FRN, 3.352%, 4/24/25 United States 3,000,000   3,101,137
sub. note, 4.05%, 7/30/22 United States 345,000   360,122
a Commonwealth Bank of Australia, sub. note, 144A, 4.50%, 12/09/25 Australia 390,000   415,814
Credit Suisse Group Funding Guernsey Ltd., senior note, 3.80%, 9/15/22 Swaziland 2,900,000   3,007,567
HSBC Holdings PLC,        
b junior sub. bond, 6.25% to 3/23/23, FRN thereafter, Perpetual United Kingdom 200,000   206,143
senior note, 4.30%, 3/08/26 United Kingdom 2,500,000   2,687,397
HSBC USA Inc., sub. note, 5.00%, 9/27/20 United States 344,000   354,263
JPMorgan Chase & Co.,        
senior bond, FRN thereafter, 3.54%, 5/01/28 United States 1,650,000   1,718,892
sub. note, 3.375%, 5/01/23 United States 425,000   437,268
Regions Financial Corp., senior note, 3.80%, 8/14/23 United States 2,900,000   3,036,136
Santander UK Group Holdings PLC, senior note, 2.875%, 8/05/21 United Kingdom 230,000   230,434
a Standard Chartered PLC, senior note, 144A, 3.885% to 3/15/23, FRN        
        thereafter, 3/15/24 United Kingdom 2,325,000   2,384,215
Sumitomo Mitsui Banking Corp., senior note, 2.514%, 1/17/20 Japan 450,000   450,366
Wells Fargo & Co., sub. bond, 4.75%, 12/07/46 United States 185,000   211,183
        28,755,997
Beverages 2.9%        
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide Inc., senior        
bond, 4.70%, 2/01/36 Belgium 340,000   373,548
Anheuser-Busch InBev Worldwide Inc., senior bond, 5.80%, 1/23/59 Belgium 1,000,000   1,255,198
Coca-Cola Femsa SAB de CV, senior note, 3.875%, 11/26/23 Mexico 1,900,000   1,995,959
        3,624,705
Biotechnology 2.1%        
Biogen Inc., senior bond, 5.20%, 9/15/45 United States 885,000   995,404
Celgene Corp., senior bond, 5.00%, 8/15/45 United States 500,000   594,211
Gilead Sciences Inc., senior bond, 4.80%, 4/01/44 United States 900,000   1,024,033
        2,613,648
Capital Markets 5.8%        
Morgan Stanley, senior bond, 3.591% to 7/22/27, FRN thereafter,7/22/28 United States 3,080,000   3,209,628
The Goldman Sachs Group Inc.,        
senior note, 3.50%, 1/23/25 United States 2,500,000   2,588,153
sub. note, 4.25%, 10/21/25 United States 475,000   504,098

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
 
a UBS Group Funding Switzerland AG, senior note, 144A, 4.125%, 9/24/25 Switzerland 1,000,000 1,068,119
      7,369,998
Consumer Finance 1.2%      
Capital One Financial Corp., senior note, 3.30%, 10/30/24 United States 1,450,000 1,488,378
 
Containers & Packaging 1.2%      
International Paper Co., Sr. Unsecured, 3.80%, 1/15/26 United States 1,400,000 1,462,038
 
Diversified Financial Services 1.6%      
AerCap Ireland Capital Ltd./AerCap Global Aviation Trust, senior note,      
5.00%, 10/01/21 Ireland 215,000 225,572
a Ashtead Capital Inc., second lien, 144A, 4.125%, 8/15/25 United Kingdom 970,000 986,975
GE Capital International Funding Co., senior bond, 4.418%, 11/15/35 United States 825,000 817,916
      2,030,463
Diversified Telecommunication Services 1.5%      
AT&T Inc., senior note, 3.60%, 7/15/25 United States 225,000 233,682
Telefonica Emisiones SA,      
senior bond, 5.52%, 3/01/49 Spain 850,000 986,050
senior bond, 7.045%, 6/20/36 Spain 185,000 242,516
Verizon Communications Inc., senior bond, 5.50%, 3/16/47 United States 355,000 446,317
      1,908,565
Electric Utilities 7.5%      
Duke Energy Corp., senior bond, 4.80%, 12/15/45 United States 1,365,000 1,544,039
a Electricite de France SA, senior note, 144A, 4.50%, 9/21/28 France 2,200,000 2,414,753
a Enel Finance International NV, senior note, 144A, 4.25%, 9/14/23 Italy 1,800,000 1,891,543
Georgia Power Co.,      
senior bond, 4.30%, 3/15/42 United States 245,000 260,151
senior bond, 4.75%, 9/01/40 United States 950,000 1,037,178
PSEG Power LLC, senior note, 3.85%, 6/01/23 United States 1,900,000 1,981,010
a Saudi Electricity Global Sukuk Co. 2, senior bond, 144A, 5.06%, 4/08/43 Saudi Arabia 300,000 319,559
      9,448,233
Electronic Equipment, Instruments & Components 0.7%      
Tech Data Corp., senior bond, 4.95%, 2/15/27 United States 900,000 942,649
 
Energy Equipment & Services 2.9%      
Baker Hughes a GE Co. LLC/Baker Hughes Co-obligator Inc., senior bond,      
4.08%, 12/15/47 United States 1,185,000 1,149,048
a Schlumberger Holdings Corp., senior note, 144A, 3.75%, 5/01/24 United States 2,400,000 2,502,434
      3,651,482
Entertainment 2.4%      
a Tencent Holdings Ltd., senior note, 144A, 3.595%, 1/19/28 China 1,600,000 1,635,357
a TWDC Holdco 613 Corp., senior bond, 144A, 6.40%, 12/15/35 United States 1,000,000 1,365,228
      3,000,585
Equity Real Estate Investment Trusts (REITs) 0.2%      
Realty Income Corp., senior bond, 3.00%, 1/15/27 United States 250,000 251,617
 
Food & Staples Retailing 2.4%      
a CK Hutchison International 19 Ltd., senior note, 144A, 3.25%, 4/11/24 Hong Kong 1,725,000 1,771,958
The Kroger Co.,      
senior bond, 5.40%, 1/15/49 United States 700,000 776,691
senior note, 4.00%, 2/01/24 United States 225,000 238,024
Walmart Inc., senior note, 3.40%, 6/26/23 United States 250,000 262,930
      3,049,603
Food Products 2.1%      
Bunge Ltd. Finance Corp., senior note, 4.35%, 3/15/24 United States 900,000 939,535
Kraft Heinz Foods Co.,      
senior bond, 5.20%, 7/15/45 United States 185,000 194,304
senior bond, 6.50%, 2/09/40 United States 500,000 585,784

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Tyson Foods Inc., senior bond, 5.10%, 9/28/48 United States 880,000 995,470
      2,715,093
Health Care Equipment & Supplies 1.3%      
Abbott Laboratories, senior bond, 3.75%, 11/30/26 United States 1,500,000 1,623,125
Health Care Providers & Services 2.7%      
Anthem Inc.,      
senior bond, 5.10%, 1/15/44 United States 570,000 656,256
senior note, 4.101%, 3/01/28 United States 285,000 305,148
a Cigna Corp., senior bond, 144A, 4.90%, 12/15/48 United States 950,000 1,034,544
CVS Health Corp., senior bond, 5.30%, 12/05/43 United States 1,200,000 1,302,730
HCA Inc., senior secured note, 6.50%, 2/15/20 United States 165,000 168,808
      3,467,486
Hotels, Restaurants & Leisure 1.2%      
Marriott International Inc., senior note, 3.60%, 4/15/24 United States 1,400,000 1,460,173
 
Household Products 0.3%      
Kimberly-Clark Corp., senior bond, 3.95%, 11/01/28 United States 290,000 320,798
Industrial Conglomerates 0.7%      
General Electric Capital Corp., senior note, A, 6.15%, 8/07/37 United States 800,000 930,904
Insurance 6.4%      
Aflac, Inc., senior bond, 4.75%, 1/15/49 United States 650,000 765,981
Marsh & McLennan Cos. Inc., senior note, 3.875%, 3/15/24 United States 2,400,000 2,548,539
MetLife Inc., junior sub. bond, 6.40%, 12/15/66 United States 910,000 1,041,936
Metropolitan Life Global Funding I, secured note, 3.60%, 1/11/24 United States 2,300,000 2,429,794
Prudential Financial Inc., junior sub. bond, FRN thereafter, 5.20%, 3/15/44 United States 230,000 239,632
The Allstate Corp., senior bond, 4.20%, 12/15/46 United States 1,000,000 1,121,602
      8,147,484
Internet & Direct Marketing Retail 2.3%      
Alibaba Group Holding Ltd.,      
senior note, 2.50%, 11/28/19 China 615,000 615,310
senior note, 3.125%, 11/28/21 China 2,300,000 2,336,693
      2,952,003
Machinery 2.0%      
Caterpillar Financial Services Corp., senior note, 2.65%, 5/17/21 United States 1,200,000 1,211,155
Caterpillar Inc., senior bond, 4.75%, 5/15/64 United States 1,000,000 1,185,256
CNH Industrial NV, senior note, 4.50%, 8/15/23 United Kingdom 175,000 183,960
      2,580,371
Media 2.4%      
Charter Communications Operating LLC / Charter Communications      
Operating Capital, first lien, 4.50%, 2/01/24 United States 700,000 746,530
Charter Communications Operating LLC/Charter Communications      
Operating Capital Corp., senior secured note, first lien, 4.464%, 7/23/22 United States 170,000 178,694
Comcast Corp., senior bond, 4.95%, 10/15/58 United States 1,400,000 1,711,345
NBCUniversal Media LLC, senior note, 4.375%, 4/01/21 United States 430,000 446,060
      3,082,629

 

Metals & Mining 1.7%
Glencore Funding LLC,

a senior note, 144A, 4.125%, 5/30/23 China 225,000 234,086
a senior note, 144A, 4.625%, 4/29/24 China 1,800,000 1,904,438
      2,138,524
Multi-Utilities 1.6%      
Dominion Energy Inc., senior note, 4.25%, 6/01/28 United States 1,800,000 1,959,488
 
Multiline Retail 0.6%      
Dollar Tree Inc.,      
senior note, 3.70%, 5/15/23 United States 150,000 154,979
senior note, 4.00%, 5/15/25 United States 500,000 521,623

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)        
 
 
 
 
Kohl's Corp., senior bond, 5.55%, 7/17/45 United States 100,000   100,332
        776,934
Oil, Gas & Consumable Fuels 6.3%        
Canadian Natural Resources Ltd., senior bond, 3.90%, 2/01/25 Canada 1,450,000   1,514,904
Chevron Corp., senior note, 2.954%, 5/16/26 United States 545,000   562,948
Ecopetrol SA, senior bond, 5.875%, 5/28/45 Colombia 135,000   149,803
Energy Transfer Operating LP,        
senior bond, 6.05%, 6/01/41 United States 500,000   560,824
senior bond, 6.50%, 2/01/42 United States 150,000   177,621
Enterprise Products Operating LLC,        
senior bond, 5.10%, 2/15/45 United States 270,000   309,063
senior bond, 6.125%, 10/15/39 United States 700,000   864,735
Kinder Morgan Inc., senior bond, 5.55%, 6/01/45 United States 1,100,000   1,274,676
MPLX LP, senior bond, 5.50%, 2/15/49 United States 575,000   654,022
Shell International Finance BV, senior note, 2.125%, 5/11/20 Netherlands 500,000   500,001
The Williams Cos. Inc., senior note, 4.125%, 11/15/20 United States 200,000   203,680
Valero Energy Corp., senior note, 4.35%, 6/01/28 United States 1,100,000   1,174,261
        7,946,538
Pharmaceuticals 1.3%        
AstraZeneca PLC, senior bond, 4.375%, 11/16/45 United Kingdom 1,500,000   1,664,905
 
Road & Rail 1.0%        
Burlington Northern Santa Fe LLC, senior bond, 3.25%, 6/15/27 United States 235,000   247,382
CSX Corp., senior bond, 4.25%, 11/01/66 United States 1,000,000   1,032,606
        1,279,988
Software 2.4%        
Microsoft Corp.,        
senior bond, 4.45%, 11/03/45 United States 430,000   516,392
senior note, 2.65%, 11/03/22 United States 2,500,000   2,556,527
        3,072,919
Specialty Retail 1.0%        
AutoZone Inc., senior note, 3.75%, 4/18/29 United States 700,000   728,554
a Michael Kors USA Inc., senior note, 144A, 4.00%, 11/01/24 United States 190,000   192,824
The Home Depot Inc., senior bond, 3.00%, 4/01/26 United States 325,000   336,720
        1,258,098
Technology Hardware, Storage & Peripherals 0.3%        
a Dell International LLC/EMC Corp., senior secured note, first lien, 144A,        
                     4.42%, 6/15/21 United States 345,000   355,613
Textiles, Apparel & Luxury Goods 0.2%        
NIKE Inc., senior bond, 3.875%, 11/01/45 United States 225,000   242,640
Tobacco 1.1%        
a Imperial Brands Finance PLC, senior note, 144A, 4.25%, 7/21/25 United Kingdom 565,000   593,364
Reynolds American Inc., senior bond, 5.85%, 8/15/45 United Kingdom 705,000   760,434
        1,353,798
Transportation Infrastructure 0.2%        
a Mexico City Airport Trust, secured bond, 144A, 5.50%, 7/31/47 Mexico 200,000   200,250
 
Total Investments before Short Term Investments (Cost $119,143,915)       124,188,788
Short Term Investments 0.8%        
U.S. Government & Agency Securities (Cost $1,080,000) 0.8%        
c FHLB, 2.13%, 7/01/19 United States 1,080,000   1,080,000
Total Investments (Cost $120,223,915) 99.1%       125,268,788
 
Other Assets, less Liabilities 0.9%       1,118,957
Net Assets 100.0%     $ 126,387,745

 

*      The principal amount is stated in U.S. dollars unless otherwise indicated.
 

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

aSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified
institutional buyers or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by
the Fund's Board of Trustees. At June 30, 2019, the aggregate value of these securities was $23,421,973, representing 18.5% of net assets.
bPerpetual security with no stated maturity date.
cThe security was issued on a discount basis with no stated coupon rate.

At June 30, 2019, the Fund had the following credit default swap contracts outstanding. See Note 3.

Credit Default Swap Contracts                        
  Periodic                 Unamortized      
  Payment Rate                 Upfront   Unrealized  
  Received   Payment Maturity   Notional       Payments   Appreciation  
Description (Paid)   Frequency Date   Amount   Value   (Reciepts)   (Depreciation) Rating
Centrally Cleared Swap Contracts                        
Contracts to Sell Protectiona                        
Traded Index                          
CDX.NA.IG.32 1.00 % Quarterly 6/20/24 $ 600,000 $ 12,959 $ 11,276 $ 1,683  

 

aThe fund enters contracts to sell protection to create a long credit position.

At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.

Futures Contracts                    
 
 
                    Value/Unrealized  
      Number of     Notional   Expiration   Appreciation  
Description Type Contracts     Amount*   Date   (Depreciation)  
Interest Rate Contracts                    
U.S. Treasury 30 Yr. Bond Long 57   $ 8,868,844   9/19/19 $ 183,388  
U.S. Treasury 10 Yr. Note Long (14 )   (1,791,563 ) 9/19/19   (14,675 )
CME Ultra Long Term U.S. Treasury Bond Long (15 )   (2,663,438 ) 9/19/19   (22,991 )
U.S. Treasury 5 Yr. Note Long (24 )   (2,835,750 ) 9/30/19   (19,311 )
Ultra 10 Yr. U.S. Treasury Note Long (38 )   (5,248,750 ) 9/19/19   (53,219 )
Total Futures Contracts                 73,192  
*As of period end.                    
 
Abbreviations                    
 
Selected Portfolio                    
 
CDX - Credit Default Swap Index                    
FHLB - Federal Home Loan Bank                    
FRN - Floating Rate Note                    
REIT - Real Estate Investment Trust                    

 

 

FRANKLIN TEMPLETON ETF TRUST      
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin Liberty Municipal Bond ETF Principal Amount   Value
Municipal Bonds 98.9%      
Alabama 2.2%      
Huntsville GO, wts., Series A, 5.00%, 5/01/37 250,000 $ 311,108
Alaska 1.2%      
Matanuska-Susitna Borough Lease Revenue, Goose Creek Correctional Center Project, Refunding, 4.00%,      
9/01/30 150,000   164,417
Arizona 3.3%      
Phoenix Civic Improvement Corp. Wastewater System Revenue, junior lien, Series A, 5.00%, 7/01/25 100,000   120,546
Salt River Project Agricultural Improvement and Power District Electric System Revenue, Salt River Project,      
Refunding, 5.00%, 1/01/39 170,000   207,303
Scottsdale Municipal Property Corp. Excise Tax Revenue, Refunding, 5.00%, 7/01/34 100,000   133,396
      461,245
California 4.9%      
Burbank RDA Successor Agency Tax Allocation Revenue, Los Angeles County, Refunding, 3.00%, 12/01/32 100,000   103,917
Clovis USD, GO, Capital Appreciation, Refunding, zero cpn., 8/01/35 200,000   116,804
Konocti USD, GO, Capital Appreciation, Election of 2004, Series C, AGMC Insured, zero cpn., 8/01/28 150,000   117,118
Perris Joint Powers Authority Local Agency Revenue, CFD No. 2001-1, Improvement Area Nos. 4 and 5,      
CFD No. 2005-1, Improvement Area 4, Refunding, Series B, 5.00%, 9/01/37 100,000   116,035
South Tahoe Joint Powers Financing Authority Lease Revenue, Redevelopment Project Area No. 1, Series A,      
BAM Insured, 5.00%, 10/01/30 100,000   121,310
University of California Revenue, Limited Project, Series M, 5.00%, 5/15/34 100,000   122,874
      698,058
Colorado 5.4%      
Adams and Weld Counties School District No. 27J Brighton GO, The City and County of Broomfield, 5.00%,      
12/01/42 100,000   120,167
Cherry Creek School District No. 5 GO, Arapahoe County, Refunding, Series C, 5.00%, 12/15/35 100,000   122,833
Colorado Springs Utilities System Revenue, Refunding, Series A, 4.00%, 11/15/33 100,000   112,510
Colorado State Board of Governors University Enterprise System Revenue, Refunding, Series A, 4.00%,      
3/01/35 100,000   112,193
Colorado Water Resources and Power Development Authority State Revolving Fund Revenue, Series A,      
4.00%, 9/01/31 150,000   177,250
Greeley Water Revenue, Water Enterprise, 4.00%, 8/01/31 100,000   115,719
      760,672
Connecticut 2.4%      
Connecticut State Health and Educational Facilities Authority Revenue, Yale New Haven Health Issue, Series      
B, 1.80%, 7/01/49 225,000   226,645
Connecticut State Special Tax Obligation Revenue, Series A, 5.00%, 8/01/31 100,000   116,222
      342,867
Delaware 2.2%      
University of Delaware Revenue, 5.00%, 11/01/37 250,000   311,608
Florida 2.5%      
Gainesville Utilities System Revenue, Series A, 5.00%, 10/01/36 100,000   121,514
Miami-Dade County Transit System Sales Surtax Revenue, Refunding, 4.00%, 7/01/36 100,000   111,716
Sarasota County Utility System Revenue, Refunding, Series A, 5.00%, 10/01/34 100,000   125,239
      358,469
Georgia 1.6%      
Coweta County Water and Sewage Authority Revenue, Refunding, 4.00%, 6/01/35 100,000   112,804

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
Main Street Natural Gas Inc. Gas Supply Revenue, Series A, 4.00%, 4/01/48 100,000 108,942
    221,746
Illinois 2.1%    
Illinois State Finance Authority Revenue, Field Museum of Natural History, Refunding, Mandatory Put    
9/01/22, 2.141%, 11/01/34 300,000 299,730
Indiana 2.1%    
East Allen Multi School Building Corp. Revenue, Allen County, Ad Valorem Property Tax, first mortgage,    
5.00%, 1/15/38 250,000 293,733
Kansas 0.8%    
Douglas County USD No. 497 GO, Series A, 3.50%, 9/01/32 100,000 107,486
Louisiana 0.8%    
Louisiana GO, Series B, 4.00%, 10/01/34 100,000 111,193
Maine 0.9%    
Maine Municipal Bond Bank Revenue, Series C, 5.00%, 11/01/31 100,000 123,845
Maryland 1.6%    
Maryland State GO, State and Local Facilities Loan, First Series, 5.00%, 3/15/32 100,000 127,346
Prince George's County GO, Consolidated Public Improvement, Series A, 3.00%, 9/15/32 100,000 103,740
    231,086
Massachusetts 3.8%    
Braintree GO, municipal Purpose Loan of 2019, Refunding, 4.00%, 6/01/32 250,000 289,963
Massachusetts Bay Transportation Authority Sales Tax Revenue, Sustainability Bonds, Subordinate, Series    
A, Subseries A-1, 5.00%, 7/01/33 100,000 122,195
University of Massachusetts Building Authority Revenue, Refunding, Senior Series A-1, 5.00%, 5/01/31 100,000 128,165
    540,323
Michigan 2.0%    
Lansing Board of Water and Light Utility System Revenue, Series A, 5.00%, 7/01/35 225,000 278,408
Minnesota 4.6%    
a Center City Health Care Facilities Revenue, Hazelden Betty Ford Foundation Project, Refunding, 4.00%,    
11/01/34 125,000 138,698
Minnesota State Higher Education Facilities Authority Revenue, Macalester College, Refunding, 3.00%,    
3/01/35 150,000 153,307
Northern Municipal Power Agency Electric System Revenue, Refunding, 5.00%, 1/01/36 100,000 117,021
Southern Minnesota Municipal Power Agency Power Supply System Revenue, Series A, 5.00%, 1/01/31 100,000 123,733
University of Minnesota GO, Series A, 5.00%, 9/01/42 100,000 120,302
    653,061
Missouri 2.7%    
Missouri State Health and Educational Facilities Authority Health Facilities Revenue, St. Luke's Episcopal-    
Presbyterian Hospitals, 4.00%, 12/01/35 250,000 275,743

 

 

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

Platte County School District Park Hill GO, Direct Deposit Program, 3.00%, 3/01/33 100,000 102,546
    378,289
Montana 0.8%    
Cascade County High School District No. 1 Great Falls GO, School Building, 5.00%, 7/01/25 100,000 119,088
Nevada 0.8%    
Clark County School District GO, Building, Refunding, Series A, 5.00%, 6/15/26 100,000 121,389
 
New Hampshire 0.9%    
New Hampshire State Health and Education Facilities Authority Revenue, University System of New    
Hampshire Issue, Refunding, Series A, 5.00%, 7/01/27 100,000 125,057
New Jersey 0.8%    
Pinelands Regional School District GO, Refunding, AGMC Insured, 3.00%, 8/01/27 100,000 107,290
New Mexico 0.8%    
Santa Fe Net Wastewater Utility System/ Environmental Services Gross Receipts Tax Improvement    
Revenue, Climate Bond Certified, Green Bonds, BAM Insured, 4.00%, 6/01/35 100,000 111,991
 
New York 4.1%    
MTA Revenue, Transportation, Green Bonds, Climate Bond Certified, Refunding, Series B, 5.00%, 11/15/28 100,000 126,554
New York City GO, Fiscal 2018, Series B, Subseries B-1, 4.00%, 10/01/36 100,000 112,302
New York City Transitional Finance Authority Revenue, Future Tax Secured, Subordinate, Fiscal 2018, Series    
B, Subseries B-1, 5.00%, 8/01/34 100,000 121,266
New York State Dormitory Authority Revenues, Non-State Supported Debt, School Districts, Financing    
Program, Refunding, Series G, BAM Insured, 3.00%, 10/01/33 100,000 103,490
New York State Dormitory Authority Sales Tax Revenue, Series A, 5.00%, 3/15/33 100,000 124,457
    588,069
North Carolina 1.6%    
University of North Carolina at Charlotte Revenue, General, Board of Governors, Refunding, 4.00%, 10/01/34 100,000 111,905
Winston-Salem City Water and Sewer System Revenue, 4.00%, 6/01/33 100,000 113,151
    225,056
Ohio 6.2%    
Columbus GO, Series A, 3.00%, 4/01/28 100,000 108,483
Franklin County Hospital Facilities Revenue, Nationwide Children's Hospital Project, Refunding, Series A,    
3.125%, 11/01/33 50,000 51,489
Franklin County Sales Tax Revenue, Various Purpose, 5.00%, 6/01/43 110,000 133,419
Hudson City School District GO, School Improvement, 4.00%, 12/01/31 100,000 111,374
Licking Heights Local School District GO, School Facilities Construction and Improvement, Series B, 5.00%,    
10/01/30 100,000 121,226
Northeast Regional Sewer District Revenue, Wastewater Improvement, Refunding, 4.00%, 11/15/34 100,000 112,748
Ohio State GO, Highway Capital Improvements, Full Faith and Credit/Highway User Receipts, Series S,    
5.00%, 5/01/23 100,000 113,892
Ohio State Water Development Authority Revenue, Community Assistance, Refunding, 4.00%, 12/01/30 100,000 121,021
    873,652
Oklahoma 0.9%    
Tulsa Metropolitan Utility Authority Revenue, Refunding, Series A, 5.00%, 4/01/26 100,000 122,276
Oregon 3.9%    
Oregon State Housing and Community Services Department Mortgage Revenue, Series D, 3.15%, 7/01/32 95,000 98,642
Portland Community College District GO, Multnomah Washington Yamhill Clackamas and Columbia    
Counties, Refunding, 5.00%, 6/15/25 100,000 120,412
Salem-Keizer School District No. 24J GO, Marion and Polk Counties, 5.00%, 6/15/36 150,000 185,250
Washington County GO, Full Faith and Credit Obligations, Series B, 5.00%, 3/01/25 125,000 149,585
    553,889
Pennsylvania 3.1%    
Pennsylvania State Economic Development Financing Authority Revenue, UPMC, Refunding, Series A,    
3.375%, 11/15/33 125,000 129,336

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
 
Pennsylvania State University Revenue, Series A, 5.00%, 9/01/38 250,000   311,933
      441,269
Tennessee 6.0%      
Kingsport GO, Series B, 3.00%, 3/01/35 130,000   131,694
Lawrenceburg GO, Refunding, 2.50%, 6/01/27 100,000   102,868
Metropolitan Government of Nashville and Davidson County GO, Improvement, Refunding, 4.00%, 7/01/29 100,000   116,129
Metropolitan Government of Nashville and Davidson County Water and Sewer Revenue, Green Bonds,      
Subordinate, Refunding, Series A, 5.00%, 7/01/36 100,000   121,265
Tennessee HDA Residential Finance Program Revenue, Issue 2019-2, Refunding, 1.95%, 1/01/26 250,000   250,847
Tennessee State School Bond Authority Revenue, Higher Educational Facilities Second Program, Series A,      
5.00%, 11/01/37 100,000   121,811
      844,614
Texas 6.3%      
El Paso Water and Sewer Revenue, Refunding and Improvement, 4.00%, 3/01/33 100,000   112,394
Fort Worth Water and Sewer Revenue, System, 5.00%, 2/15/32 250,000   308,740
Pflugerville ISD, GO, Series A, PSF Guarantee, 5.00%, 2/15/29 100,000   126,319
Round Rock Utility Revenue, Refunding, 2.75%, 8/01/29 100,000   104,115
Texas A&M University System Board of Regents Revenue, Financing System, Refunding, Series C, 5.00%,      
5/15/33 100,000   121,744
Texas State Water Development Board Revenue, State Water Implementation Fund, Master Trust, Series A,      
4.00%, 10/15/33 100,000   113,076
      886,388
Utah 5.4%      
Provo GO, Refunding, 4.00%, 1/01/23 100,000   109,229
a South Jordan Sales Tax Revenue, Refunding, 5.00%, 8/15/38 250,000   310,707
Utah State Building Ownership Authority Lease Revenue, State Facilities Master Lease Program, 2.50%,      
5/15/27 100,000   103,338
a Utah State Water Finance Agency Revenue, Loan Financing Program, Series B, 5.00%, 3/01/38 200,000   246,732
      770,006
Virginia 5.0%      
Arlington County GO, Public Improvement, 4.00%, 6/15/35 250,000   288,012
Henrico County Water and Sewer System Revenue, Refunding, 4.00%, 5/01/32 250,000   294,995
Virginia College Building Authority Educational Facilities Revenue, Public Higher Education Financing      
Program, Series A, 5.00%, 9/01/32 100,000   125,948
      708,955
Washington 4.4%      
King and Snohomish Counties, School District No 417 Northshore GO, 5.00%, 12/01/31 100,000   124,878
Seattle Drainage and Wastewater Revenue, Refunding, 4.00%, 4/01/31 125,000   140,571
Seattle Municipal Light and Power Revenue, Improvement and Refunding, Series C, 4.00%, 9/01/35 100,000   111,150
Spokane County School District No. 356 Central Valley GO, 5.00%, 12/01/26 100,000   124,240
Washington Health Care Facilities Authority Revenue, MultiCare Health System, Refunding, Series B, 5.00%,      
8/15/29 100,000   124,497
      625,336
Wisconsin 0.8%      
Brookfield GO, Waukesha County,, Refunding, 3.00%, 12/01/25 100,000   107,923
 
Total Investments (Cost $13,589,633) 98.9%     13,979,592
 
Other Assets, less Liabilities 1.1%     161,097
Net Assets 100.0%   $ 14,140,689

 

aSecurity purchased on a when-issued basis.

Abbreviations

Selected Portfolio

AGMC - Assured Guaranty Municipal Corp.
BAM - Build America Mutual Assurance Co.
CFD - Community Facilities District

 

 

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

GO - General Obligation
HDA - Housing Development Authority/Agency
ISD - Independent School District
MTA - Metropolitan Transit Authority
PSF - Permanent School Fund
RDA - Redevelopment Agency/Authority
USD - Unified/Union School District

 

 

FRANKLIN TEMPLETON ETF TRUST
Statement of Investments, June 30, 2019 (unaudited)

Franklin Liberty Senior Loan ETF Country Principal Amount*   Value
aSenior Floating Rate Interests 85.6%        
Airlines 2.2%        
American Airlines, Inc., 2018 Replacement Term Loans, 4.061%, (1-month        
USD LIBOR + 1.75%), 6/27/25 United States 1,266,905 $ 1,236,025
Application Software 1.5%        
SS&C European Holdings Sarl, Term B-4 Loans, 4.689%, (1-month USD        
LIBOR + 2.25%), 4/16/25 Luxembourg 224,541   223,933
SS&C Technologies Inc., Term B-3 Loans, 4.689%, (1-month USD LIBOR +        
2.25%), 4/16/25 United States 327,419   326,533
SS&C Technologies Inc., Term B-5 Loans, 4.689%, (1-month USD LIBOR +        
 
2.25%), 4/16/25 United States 297,721   296,976
        847,442
Auto Components 2.8%        
Panther BF Aggregator 2 LP, Term Loan B, 5.902%, 4/30/26 United States 1,600,000   1,588,800
Broadcasting 4.8%        
Gray Television, Inc., Term C Loan, 4.93%, (1-month USD LIBOR + 2.50%),        
1/02/26 United States 298,500   298,340
b,cNexstar Broadcasting Inc., Term B-4 Loan, TBD, 7/31/26 United States 1,600,000   1,596,333
Sinclair Television Group Inc., Tranche B Term Loans, 4.66%, (1-month        
USD LIBOR + 2.25%), 1/03/24 United States 829,367   821,073
        2,715,746
Cable & Satellite 4.5%        
Charter Communications Operating LLC, Term B Loan, 4.33%, (1-month        
USD LIBOR + 2.00%), 4/30/25 United States 1,138,076   1,137,918
CSC Holdings LLC, March 2017 Incremental Term Loans, 4.644%, (1-month        
USD LIBOR + 2.25%), 7/17/25 United States 1,478,718   1,458,155
        2,596,073
Casinos & Gaming 6.8%        
Aristocrat Technologies, Inc., Term B-3 Loans, 4.341%, (3-month USD        
LIBOR + 1.75%), 10/19/24 United States 1,161,074   1,152,365
Caesars Resort Collection LLC, Term B Loans, 5.152%, (1-month USD        
LIBOR + 2.75%), 12/22/24 United States 1,395,166   1,371,249
Las Vegas Sands LLC, Term B Loans, 4.152%, (1-month USD LIBOR +        
1.75%), 3/27/25 United States 1,369,774   1,361,837
        3,885,451
Catalog Retail 2.2%        
Harbor Freight Tools USA Inc., Refinancing Loans, 4.902%, (1-month USD        
LIBOR + 2.50%), 8/18/23 United States 1,260,770   1,230,565
Communications Equipment 2.8%        
CommScope Inc., Initial Term Loans, 5.652%, (1-month USD LIBOR +        
3.25%), 4/04/26 United States 1,600,000   1,600,200
 
Commercial Services & Supplies 2.1%        
West Corp., Term B Loans, 6.521%, (1-month USD LIBOR + 4.00%),        
10/10/24 United States 1,296,709   1,212,153
 
Data Processing & Outsourced Services 4.0%        
First Data Corp., 2022D New Dollar Term Loan, TBD, (1-month USD LIBOR        
+ 2.00%), 7/10/22 United States 1,072,915   1,072,917

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
Global Payments Inc., Term B-4 Loan, FRN, (1-month USD LIBOR +      
1.75%), 10/18/25 United States 1,184,050 1,183,865
      2,256,782
Food Distributors 4.19%      
Aramark Corp., U.S., Term B-3 Loan, 4.079%, (1-month USD LIBOR +      
1.75%), 3/11/25 United States 997,750 996,187
U.S. Foods Inc., Initial Term Loans, 4.402%, (1-month USD LIBOR +      
2.00%), 6/27/23 United States 1,403,526 1,396,257
      2,392,444
Health Care Distributors 0.6%      
Mallinckrodt International Finance SA & Mallinckrodt CB LLC, 2017 Term B      
Loans, 5.079%, (3-month USD LIBOR + 2.75%), 9/24/24 Luxembourg 376,018 339,003
Health Care Facilities 1.7%      
HCA Inc., Term Loan B11, 4.079%, (1-month USD LIBOR + 1.75%), 3/18/23 United States 950,183 951,569
Health Care Services 4.8%      
Air Medical Group Holdings, Inc., 2018 New Term Loans, 6.652%, (1-month      
USD LIBOR + 4.25%), 3/14/25 United States 1,592,312 1,501,039
DaVita Healthcare Partners Inc., Tranche B Term Loan, 5.135%, (1-month      
USD LIBOR + 2.75%), 6/24/21 United States 1,211,811 1,212,568
      2,713,607
Hotels, Resorts & Cruise Lines 2.4%      
Hilton Worldwide Finance LLC, Refinanced Series B-2 Term Loans, 4.154%,      
(1-month USD LIBOR + 1.75%), 6/17/26 United States 1,385,592 1,387,930
Interactive Media & Services 1.9%      
Go Daddy Operating Co. LLC, Tranche B-1 Term Loans, 4.402%, (1-month      
USD LIBOR + 2.00%), 2/15/24 United States 1,105,580 1,106,864
Metal & Glass Containers 2.1%      
Berry Global Inc., Term Q Loan, 4.411%, (1-month USD LIBOR + 2.00%),      
10/01/22 United States 1,227,840 1,221,051
Other Diversified Financial Services 2.7%      
Asurion LLC, Replacement B-6 Term Loans, 5.402%, (1-month USD LIBOR      
+ 3.00%), 11/03/23 United States 1,542,835 1,541,485
Packaged Foods & Meats 4.1%      
JBS USA Lux SA, Term Loan, 4.902%, (3-month USD LIBOR + 2.50%),      
5/01/26 United States 974,395 973,922
Post Holdings Inc., Series A Incremental Term Loans, 4.403%, (1-month      
USD LIBOR + 2.00%), 5/24/24 United States 1,345,777 1,341,331
      2,315,253
Paper Packaging 2.2%      
Reynolds Group Holdings Inc., U.S. Term Loans, 5.152%, (1-month USD      
LIBOR + 2.75%), 2/05/23 United States 1,268,718 1,261,004
Pharmaceuticals 7.4%      
Endo Luxembourg Finance Co. I S.A R.L. and Endo LLC, Initial Term Loans,      
6.687%, (1-month USD LIBOR + 4.25%), 4/29/24 United States 1,562,501 1,469,727
Grifols Worldwide Operations USA Inc., Tranche B Term Loan, 4.635%, (1-      
month USD LIBOR + 2.25%), 1/31/25 United States 1,217,026 1,214,951

 

 

    FRANKLIN TEMPLETON ETF TRUST  
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)  
 
 
Valeant Pharmaceuticals International, Initial Term Loans , 5.411%, (1-        
month USD LIBOR + 3.00%), 6/02/25 United States 1,524,545 1,525,498  
      4,210,176  
Research & Consulting Services 2.4%        
Nielsen Finance LLC, Class B-4 Term Loans, 4.411%, (1-month USD LIBOR        
+ 2.00%), 10/04/23 United States 1,372,121 1,360,605  
Restaurants 2.7%        
1011778 B.C. ULC, Term B-3 Loan, 4.652%, (1-month USD LIBOR +        
2.25%), 2/17/24 Canada 1,522,475 1,514,148  
Security & Alarm Services 2.5%        
Prime Security Services Borrower LLC, Term B-1 Loans, 5.152%, (1-month        
USD LIBOR + 2.75%), 5/02/22 United States 1,440,385 1,432,528  
Specialized Consumer Services 0.5%        
Sabre GLBL Inc., 2018 Other Term B Loans, 4.402%, (1-month USD LIBOR        
+ 2.00%), 2/22/24 United States 266,617 266,236  
Specialized Finance 1.6%        
Trans Union LLC, 2017 Replacement Term A-2 Loans, 4.152%, (1-month        
USD LIBOR + 1.75%), 8/09/22 United States 922,174 921,021  
Specialty Chemicals 1.9%        
Axalta Coating Systems U.S. Holdings Inc., Term B-3 Dollar Loan, 4.079%,        
(3-month USD LIBOR + 1.75%), 6/01/24 United States 1,118,257 1,107,074  
Specialty Stores 2.5%        
Michaels Stores Inc., 2018 New Replacement Term B Loan, 4.914%, (1-        
month USD LIBOR + 2.50%), 1/28/23 United States 1,476,216 1,430,084  
Technology Hardware, Storage & Peripherals 2.0%        
Western Digital Corp., U.S. Term B-4 Loan, 4.152%, (1-month USD LIBOR        
+ 1.75%), 4/29/23 United States 1,177,308 1,154,057  
Trading Companies & Distributors 1.8%        
Univar USA Inc., Term B-3 Loans, 4.652%, (1-month USD LIBOR + 2.25%),        
7/01/24 United States 1,049,095 1,047,492  
Total Floating Rate Loans (Cost $49,329,500)     48,842,868  
Asset-Backed Securities 10.3%        
d,eAMMC CLO 15 Ltd., 2014-15A, CRR, 144A, 0%, 1/15/32 United States 1,000,000 987,223  
d,eAtrium XV, 15A, C, 144A, 0%, 1/23/31 United States 1,000,000 981,460  
d,eBlueMountain CLO Ltd., 2018-3A, C, 144A, 0%, 10/25/30 United States 1,000,000 981,978  
d,eDryden 45 Senior Loan Fund, 2016-45A, CR, 144A, 0%, 10/15/30 United States 1,000,000 987,139  
d,eHarbor Park CLO Ltd., 1A, C, 144A, 0%, 1/20/31 United States 1,000,000 975,269  
d,eLCM XVIII LP, 2018A, CR, 144A, 4.089%, 4/20/31 United States 1,000,000 960,990  
Total Asset-Backed Securities (Cost $5,985,175)     5,874,059  
Total Investments before Short Term Investments (Cost $55,314,675)     54,716,927  
Short Term Investments 5.2%        
U.S. Government & Agency Securities (Cost $2,990,000) 5.2%        
fFHLB,7/01/19 United States 2,990,000 2,990,000  
Total Investments (Cost $58,304,675) 101.1%     57,706,927  
Other Assets, less Liabilities (1.1)%     (642,519 )
Net Assets 100.0%   $ 57,064,408  

 

*The principal amount is stated in U.S. dollars unless otherwise indicated.
aThe coupon rate shown represents the rate at period end.
bA portion or all of the security purchased on a delayed delivery basis.
cA portion or all of the security represents an unsettled loan commitment. The coupon rate is to-be determined (TBD) at the time of settlement and will be based
upon a reference index/floor plus a spread.

 

FRANKLIN TEMPLETON ETF TRUST

STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)

dSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified
institutional buyers or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by
the Fund's Board of Trustees. At June 30, 2019, the aggregate value of these securities was $5,874,059, representing 10.3% of net assets.
eThe coupon rate shown represents the rate inclusive of any caps or floors, if applicable, in effect at period end.
fThe security was issued on a discount basis with no stated coupon rate.

Abbreviations

Selected Portfolio

CLO - Collateralized Loan Obligation
FHLB - Federal Home Loan Bank
FRN - Floating Rate Note
TBD - To be determined

 

 

FRANKLIN TEMPLETON ETF TRUST      
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin Liberty U.S. Low Volatility ETF Shares   Value
Common Stocks 99.5%      
Communication Services 9.4%      
a Alphabet Inc., A 195 $ 211,146
AT&T Inc. 6,656   223,042
a Charter Communications Inc., A 542   214,188
Comcast Corp., A 5,001   211,442
TELUS Corp. 5,880   217,031
The Walt Disney Co. 1,530   213,649
Verizon Communications Inc. 3,743   213,838
      1,504,336
Consumer Discretionary 10.4%      
Lowe's Cos. Inc. 2,104   212,315
Marriott International Inc., A 1,531   214,784
McDonald's Corp. 1,015   210,775
NIKE Inc., B 2,486   208,700
a O'Reilly Automotive Inc. 548   202,387
Ross Stores Inc. 2,009   199,132
The Home Depot Inc. 999   207,762
Yum! Brands Inc. 1,902   210,494
      1,666,349
Consumer Staples 6.7%      
Mondelez International Inc., A 3,947   212,743
PepsiCo Inc. 1,636   214,529
The Coca-Cola Co. 4,251   216,461
The Procter & Gamble Co. 1,968   215,791
Walmart Inc. 1,982   218,991
      1,078,515
Energy 4.8%      
Chevron Corp. 1,222   152,066
EOG Resources Inc. 1,694   157,813
Exxon Mobil Corp. 1,994   152,800
Occidental Petroleum Corp. 2,986   150,136
Schlumberger Ltd. 4,114   163,490
      776,305
Financials 12.9%      
Aflac Inc. 3,159   173,145
Arthur J. Gallagher & Co. 2,007   175,793
BB&T Corp. 3,551   174,461
Chubb Ltd. 1,165   171,593
Intercontinental Exchange Inc. 2,037   175,060
JPMorgan Chase & Co. 1,571   175,638
S&P Global Inc. 755   171,981
The Progressive Corp. 2,131   170,331
The Travelers Cos. Inc. 1,149   171,798
U.S. Bancorp 3,342   175,121
W.R. Berkley Corp. 2,623   172,934
Wells Fargo & Co. 3,264   154,452
      2,062,307
Health Care 14.0%      
Abbott Laboratories 2,406   202,345
Baxter International Inc. 2,496   204,422
Becton Dickinson and Co. 851   214,460
Danaher Corp. 1,423   203,375
Johnson & Johnson 1,445   201,260
Medtronic PLC 2,055   200,136
Merck & Co. Inc. 2,396   200,905
Pfizer Inc. 4,665   202,088
Quest Diagnostics Inc. 1,991   202,704

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
 
Stryker Corp. 1,012   208,047
UnitedHealth Group Inc. 811   197,892
      2,237,634
Industrials 9.8%      
Fortive Corp. 2,189   178,447
General Dynamics Corp. 994   180,729
Honeywell International Inc. 983   171,622
Lockheed Martin Corp. 485   176,317
Raytheon Co. 963   167,447
Republic Services Inc. 1,991   172,500
Roper Technologies Inc. 473   173,241
United Technologies Corp. 1,361   177,202
Verisk Analytics Inc. 1,187   173,848
      1,571,353
Information Technology 21.9%      
Accenture PLC, A 1,259   232,626
Amphenol Corp., A 2,453   235,341
Apple Inc. 1,171   231,764
Automatic Data Processing Inc. 1,377   227,659
Cisco Systems Inc. 4,128   225,926
a Fiserv Inc. 2,574   234,646
International Business Machines Corp. 1,690   233,051
Intuit Inc. 882   230,493
Mastercard Inc., A 891   235,696
Microsoft Corp. 1,707   228,670
Oracle Corp. 4,398   250,554
a Synopsys Inc. 1,815   233,572
Texas Instruments Inc. 2,082   238,930
Total System Services Inc. 1,798   230,630
Visa Inc., A 1,357   235,507
      3,505,065
Materials 2.9%      
Air Products and Chemicals Inc. 696   157,554
Ecolab Inc. 813   160,519
Linde PLC 764   153,411
      471,484
Real Estate 3.6%      
Alexandria Real Estate Equities Inc. 1,019   143,771
American Tower Corp. 702   143,524
Equity Residential 1,937   147,057
UDR Inc. 3,264   146,521
      580,873
Utilities 3.1%      
Consolidated Edison Inc. 1,429   125,295
Dominion Energy Inc. 1,636   126,495
Duke Energy Corp. 1,440   127,066
Xcel Energy Inc. 2,076   123,501
      502,357
Total Investments (Cost $13,071,655) 99.5%     15,956,578
 
Other Assets, less Liabilities 0.5%     74,488
Net Assets 100.0%   $ 16,031,066
 
aNon-income producing.      

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin LibertyQ Emerging Markets ETF Industry Shares   Value
Common Stocks 94.8%        
Argentina 0.1%        
Transportadora de Gas del Sur SA, B, ADR Oil, Gas & Consumable Fuels 16,260 $ 235,120
 
Brazil 3.9%        
Banco Santander Brasil SA Banks 72,000   854,010
BB Seguridade Participacoes SA Insurance 426,000   3,599,045
Cielo SA IT Services 558,000   978,373
Companhia de Saneamento Basico do Estado de Sao Paulo Water Utilities 138,000   1,702,023
Cosan SA Oil, Gas & Consumable Fuels 30,000   361,238
  Independent Power and Renewable      
Engie Brasil SA Electricity Producers 108,000   1,224,938
Hypera SA Pharmaceuticals 66,000   516,442
IRB Brasil Resseguros SA Insurance 54,000   1,387,813
Lojas Renner SA Multiline Retail 144,000   1,771,892
M. Dias Branco SA Food Products 36,000   365,950
Petrobras Distribuidora SA Specialty Retail 78,000   508,786
Porto Seguro SA Insurance 18,000   242,715
Tim Participacoes SA Wireless Telecommunication Services 150,000   455,168
        13,968,393
Chile 0.8%        
Aguas Andinas SA, A Water Utilities 1,133,100   667,560
  Independent Power and Renewable      
Colbun SA Electricity Producers 1,416,720   292,129
Compania Cervecerias Unidas SA Beverages 52,980   745,200
Enel Chile SA Electric Utilities 11,087,340   1,051,660
        2,756,549
China 18.2%        
Agricultural Bank of China Ltd., A Banks 162,000   84,854
Agricultural Bank of China Ltd., H Banks 7,620,000   3,189,427
Anhui Conch Cement Co. Ltd., A Construction Materials 36,000   217,372
Anhui Conch Cement Co. Ltd., H Construction Materials 420,000   2,631,552
Anta Sports Products Ltd. Textiles, Apparel & Luxury Goods 461,600   3,169,900
a Anxin Trust Co. Ltd. Capital Markets 30,000   22,043
Bank of Beijing Co. Ltd., A Banks 114,000   98,027
Bank of China Ltd., A Banks 108,000   58,769
Bank of China Ltd., H Banks 7,440,000   3,142,656
Bank of Communications Co. Ltd., A Banks 312,000   277,818
Bank of Communications Co. Ltd., H Banks 3,360,000   2,550,374
Bank of Hangzhou Co. Ltd. Banks 30,000   36,360
Baoshan Iron & Steel Co. Ltd., A Metals & Mining 102,000   96,464
China Cinda Asset Management Co. Ltd., H Capital Markets 2,700,000   622,080
China CITIC Bank Corp. Ltd., A Banks 54,000   46,905
China CITIC Bank Corp. Ltd., H Banks 4,320,000   2,460,672
China Conch Venture Holdings Ltd. Machinery 510,000   1,801,728
China Construction Bank Corp., H Banks 4,260,000   3,669,734
China Everbright Bank Co. Ltd., A Banks 60,000   33,261
China Everbright Bank Co. Ltd., H Banks 1,500,000   687,360
China Medical System Holdings Ltd. Pharmaceuticals 480,000   439,910
China Minsheng Banking Corp. Ltd., A Banks 192,000   177,390
China Minsheng Banking Corp. Ltd., H Banks 2,550,000   1,765,824
China Mobile Ltd. Wireless Telecommunication Services 376,000   3,424,307
China Oriental Group Co. Ltd. Metals & Mining 480,000   280,781
China Petroleum & Chemical Corp., A Oil, Gas & Consumable Fuels 108,000   85,954
China Petroleum & Chemical Corp., H Oil, Gas & Consumable Fuels 4,560,000   3,099,341
China Resources Cement Holdings Ltd. Construction Materials 480,000   465,101
China Shenhua Energy Co. Ltd., A Oil, Gas & Consumable Fuels 30,000   88,957
China Shenhua Energy Co. Ltd., H Oil, Gas & Consumable Fuels 1,440,000   3,015,475
China South Publishing & Media Group Co. Ltd., A Media 18,000   33,103
China Telecom Corp. Ltd., H Diversified Telecommunication Services 2,400,000   1,207,296

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
  Independent Power and Renewable    
China Yangtze Power Co. Ltd., A Electricity Producers 108,000 281,275
China Zhongwang Holdings Ltd. Metals & Mining 288,000 145,244
Chinese Universe Publishing and Media Group Co. Ltd., A Media 6,000 10,965
Chongqing Rural Commercial Bank Co. Ltd., H Banks 480,000 261,120
CNOOC Ltd. Oil, Gas & Consumable Fuels 1,980,000 3,385,958
Country Garden Services Holdings Co. Ltd. Commercial Services & Supplies 180,000 416,102
Dali Foods Group Co. Ltd. Food Products 810,000 538,099
Daqin Railway Co. Ltd., A Road & Rail 132,000 155,373
Dongfeng Motor Group Co. Ltd., H Automobiles 1,440,000 1,179,648
a Fangda Carbon New Material Co. Ltd. Electrical Equipment 26,820 47,958
  Technology Hardware, Storage &    
Focus Media Information Technology Co Ltd Peripherals 138,000 106,216
Foshan Haitian Flavouring & Food Co. Ltd. Food Products 18,000 274,989
Fuyao Glass Industry Group Co. Ltd., A Auto Components 18,000 59,529
Guangdong Investment Ltd. Water Utilities 480,000 949,862
Guangzhou Automobile Group Co. Ltd., A Automobiles 24,000 38,167
Guangzhou Automobile Group Co. Ltd., H Automobiles 1,440,000 1,537,229
Hangzhou Robam Appliances Co. Ltd., A Household Durables 6,000 23,693
Heilan Home Co. Ltd., A-SHSC Textiles, Apparel & Luxury Goods 24,000 31,672
Henan Shuanghui Investment & Development Co. Ltd. Food Products 24,000 86,914
Huayu Automotive Systems Co. Ltd. Auto Components 24,000 75,426
Industrial and Commercial Bank of China Ltd., H Banks 4,740,000 3,458,304
Industrial Bank Co. Ltd., A Banks 150,382 400,187
Jiangsu Expressway Co. Ltd., H Transportation Infrastructure 480,000 683,213
  Electronic Equipment, Instruments &    
Kingboard Holdings Ltd. Components 120,000 334,080
Kweichow Moutai Co. Ltd., A Beverages 7,900 1,131,035
Longfor Group Holdings Ltd. Real Estate Management & Development 750,000 2,827,200
Luzhou Laojiao Co. Ltd. Beverages 6,000 70,563
Maanshan Iron & Steel Co. Ltd., H Metals & Mining 720,000 285,696
Nexteer Automotive Group Ltd. Auto Components 120,000 149,299
Nine Dragons Paper Holdings Ltd. Paper & Forest Products 660,000 585,446
RiseSun Real Estate Development Co. Ltd. Real Estate Management & Development 30,000 40,986
SAIC Motor Corp Ltd Automobiles 42,000 155,827
Shaanxi Coal Industry Co. Ltd. Oil, Gas & Consumable Fuels 66,000 88,730
Shanghai International Airport Co. Ltd., A Transportation Infrastructure 6,000 73,138
Shenzhen Salubris Pharmaceuticals Co. Ltd. Pharmaceuticals 6,000 19,537
Shenzhou International Group Holdings Ltd. Textiles, Apparel & Luxury Goods 264,000 3,629,261
Sihuan Pharmaceutical Holdings Group Ltd. Pharmaceuticals 1,560,000 351,437
Sinopec Shanghai Petrochemical Co. Ltd., A Chemicals 42,000 31,532
Sinopec Shanghai Petrochemical Co. Ltd., H Chemicals 1,800,000 714,240
Weichai Power Co. Ltd., A Machinery 36,000 64,374
Weifu High-Technology Group Co. Ltd., A Auto Components 12,000 32,405
Wuhu Sanqi Interactive Entertainment Network Technology Group      
Co. Ltd. Entertainment 18,000 35,487
Yuzhou Properties Co. Real Estate Management & Development 240,000 112,742
a YY Inc., ADR Interactive Media & Services 17,640 1,229,332
Zhejiang Semir Garment Co. Ltd. Textiles, Apparel & Luxury Goods 12,000 19,310
      65,109,595
Colombia 0.2%      
Ecopetrol SA Oil, Gas & Consumable Fuels 834,720 760,019
 
Czech Republic 0.2%      
Moneta Money Bank AS Banks 225,240 772,210
 
Egypt 0.5%      
Commercial International Bank Egypt SAE Banks 246,000 1,087,292
Eastern Co. SAE Tobacco 469,080 433,818
ElSewedy Electric Co. Electrical Equipment 374,940 320,928
      1,842,038
Greece 0.2%      
JUMBO SA Specialty Retail 19,980 386,805

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Motor Oil (Hellas) Corinth Refineries SA Oil, Gas & Consumable Fuels 12,540 321,312
      708,117
Hong Kong 0.2%      
Kingboard Laminates Holdings Ltd. Chemicals 450,000 412,416
Lee & Man Paper Manufacturing Ltd. Paper & Forest Products 660,000 462,106
      874,522
Hungary 0.5%      
MOL Hungarian Oil and Gas PLC Oil, Gas & Consumable Fuels 171,480 1,906,985
 
India 10.9%      
Bajaj Auto Ltd. Automobiles 36,120 1,479,310
Bharat Petroleum Corp. Ltd. Oil, Gas & Consumable Fuels 331,620 1,885,397
Bharti Infratel Ltd. Diversified Telecommunication Services 67,140 259,748
Britannia Industries Ltd. Food Products 17,760 705,923
Coal India Ltd. Oil, Gas & Consumable Fuels 485,100 1,783,613
Dabur India Ltd. Personal Products 210,600 1,221,909
Eicher Motors Ltd. Automobiles 6,060 1,680,216
GAIL India Ltd. Gas Utilities 136,740 617,957
HCL Technologies Ltd. IT Services 221,220 3,412,001
Hero Motocorp Ltd. Automobiles 25,800 964,872
Hindustan Petroleum Corp. Ltd. Oil, Gas & Consumable Fuels 334,800 1,406,812
Hindustan Unilever Ltd. Household Products 140,460 3,637,482
Indian Oil Corp. Ltd. Oil, Gas & Consumable Fuels 787,560 1,778,720
Infosys Ltd. IT Services 323,520 3,430,758
ITC Ltd. Tobacco 806,340 3,198,960
Marico Ltd. Personal Products 182,700 980,761
Nestle India Ltd. Food Products 9,720 1,677,454
Oil & Natural Gas Corp. Ltd. Oil, Gas & Consumable Fuels 481,620 1,170,429
Page Industries Ltd. Textiles, Apparel & Luxury Goods 1,860 554,590
Petronet LNG Ltd. Oil, Gas & Consumable Fuels 115,920 411,604
Pidilite Industries Ltd. Chemicals 42,780 752,659
REC Ltd. Diversified Financial Services 127,380 304,114
Tata Consultancy Services Ltd. IT Services 112,380 3,625,986
Tech Mahindra Ltd. IT Services 199,320 2,040,339
      38,981,614
Indonesia 3.2%      
Adaro Energy Tbk PT Oil, Gas & Consumable Fuels 5,472,000 526,768
Bukit Asam Tbk PT Oil, Gas & Consumable Fuels 1,122,000 235,082
Charoen Pokphand Indonesia Tbk PT Food Products 1,248,000 417,840
Gudang Garam Tbk PT Tobacco 84,000 457,087
Hanjaya Mandala Sampoerna Tbk PT Tobacco 5,238,000 1,164,206
Indofood CBP Sukses Makmur Tbk PT Food Products 414,000 297,441
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk,      
B Diversified Telecommunication Services 13,602,000 3,986,005
Surya Citra Media Tbk PT Media 3,096,000 352,827
Unilever Indonesia Tbk PT Household Products 822,000 2,618,298
United Tractors Tbk PT Oil, Gas & Consumable Fuels 726,000 1,449,174
      11,504,728
Malaysia 2.3%      
AirAsia Group Bhd Airlines 648,000 428,080
British American Tobacco Malaysia Bhd. Tobacco 90,000 627,223
Digi.com Bhd. Wireless Telecommunication Services 1,596,000 1,950,345
Hartalega Holdings Bhd. Health Care Equipment & Supplies 564,000 715,151
Nestle (Malaysia) Bhd. Food Products 36,000 1,298,875
Petronas Chemicals Group Bhd. Chemicals 1,176,000 2,390,417
Petronas Gas Bhd. Gas Utilities 102,000 428,486
Westports Holdings Bhd. Transportation Infrastructure 408,000 388,995
      8,227,572
Mexico 2.1%      
  Equity Real Estate Investment Trusts    
Fibra Uno Administracion SA de CV (REITs) 605,580 801,277

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Grupo Aeroportuario del Pacifico SAB de CV Transportation Infrastructure 153,660 1,598,695
a Kimberly-Clark de Mexico SAB de CV, A Household Products 652,440 1,212,055
Megacable Holdings SAB de CV Media 94,260 400,068
Promotora y Operadora de Infraestructura SAB de CV Transportation Infrastructure 40,440 401,481
Wal-Mart de Mexico SAB de CV, V Food & Staples Retailing 1,188,960 3,242,902
      7,656,478
Pakistan 0.1%      
MCB Bank Ltd. Banks 168,000 183,459
Oil & Gas Development Co. Ltd. Oil, Gas & Consumable Fuels 342,000 281,500
      464,959
Philippines 0.5%      
DMCI Holdings Inc. Industrial Conglomerates 1,914,000 384,780
Globe Telecom Inc. Wireless Telecommunication Services 13,800 609,263
Manila Electric Co. Electric Utilities 100,200 756,854
      1,750,897
Poland 0.3%      
Powszechny Zalkad Ubezpieczen SA Insurance 102,420 1,199,093
 
Qatar 3.0%      
Barwa Real Estate Co. Real Estate Management & Development 61,440 577,068
Industries Qatar QSC Industrial Conglomerates 814,800 2,573,347
Masraf Al Rayan QSC Banks 630,000 659,197
Mesaieed Petrochemical Holding Co. Chemicals 840,000 602,101
Qatar Electricity & Water Co. QSC Multi-Utilities 206,400 944,352
Qatar Fuel QSC Oil, Gas & Consumable Fuels 103,800 611,754
Qatar Islamic Bank SAQ Banks 208,200 949,729
Qatar National Bank SAQ Banks 701,400 3,665,676
The Commercial Bank PQSC Banks 742 935
      10,584,159
Russia 10.6%      
Alrosa PJSC Metals & Mining 1,749,480 2,386,449
Gazprom PJSC Oil, Gas & Consumable Fuels 1,078,500 3,981,088
Inter RAO UES PJSC Electric Utilities 19,458,840 1,397,211
LUKOIL PJSC Oil, Gas & Consumable Fuels 42,000 3,532,461
Magnitogorsk Iron & Steel Works Metals & Mining 1,039,320 741,242
MMC Norilsk Nickel PJSC Metals & Mining 16,080 3,647,604
Mobile TeleSystems PJSC, ADR Wireless Telecommunication Services 284,280 2,646,647
Moscow Exchange MICEX Capital Markets 223,260 319,095
NLMK PJSC Metals & Mining 670,500 1,697,643
b Novatek PJSC, GDR, Reg S Oil, Gas & Consumable Fuels 17,944 3,804,128
b Novatek PJSC, GDR, Reg S Oil, Gas & Consumable Fuels 116 24,592
b PhosAgro PJSC, GDR, Reg S Chemicals 21,004 275,572
b PhosAgro PJSC, GDR, Reg S Chemicals 356 4,671
Polymetal International PLC Metals & Mining 64,782 821,842
Polymetal International PLC Metals & Mining 1,098 13,975
Polyus Gold OJSC Metals & Mining 11,220 1,036,705
Rosneft PJSC Oil, Gas & Consumable Fuels 483,600 3,177,998
Severstal PJSC Metals & Mining 144,960 2,453,576
Surgutneftegas PJSC Oil, Gas & Consumable Fuels 3,279,300 1,369,429
Tatneft PAO Oil, Gas & Consumable Fuels 323,220 3,970,879
b X5 Retail Group NV, GDR, Reg S Food & Staples Retailing 21,480 741,541
      38,044,348
Saudi Arabia 2.0%      
Advanced Petrochemical Co. Chemicals 10,500 167,989
Al-Rajhi Bank Banks 111,180 2,063,363
Bupa Arabia for Cooperative Insurance Co. Insurance 2,100 53,924
a Dar Al Arkan Real Estate Development Co. Real Estate Management & Development 46,860 146,693
Jarir Marketing Co. Specialty Retail 7,500 330,378
National Commercial Bank Banks 102,120 1,508,552
Riyad Bank Banks 104,520 746,920
Saudi Airlines Catering Co. Hotels, Restaurants & Leisure 4,740 107,938

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Saudi Arabian Fertilizer Co. Chemicals 16,920 382,592
Saudi Cement Co. Construction Materials 7,020 131,219
Saudi Telecom Co. Diversified Telecommunication Services 41,940 1,165,295
Yanbu National Petrochemical Co. Chemicals 22,680 380,999
      7,185,862
South Africa 3.9%      
Capitec Bank Holdings Ltd. Banks 9,240 851,014
Clicks Group Ltd. Food & Staples Retailing 90,900 1,323,348
Exxaro Resources Ltd. Oil, Gas & Consumable Fuels 118,740 1,448,247
Kumba Iron Ore Ltd. Metals & Mining 34,740 1,230,278
Mr. Price Group Ltd. Specialty Retail 137,640 1,937,624
RMB Holdings Ltd. Diversified Financial Services 283,200 1,695,033
Telkom SA SOC Ltd. Diversified Telecommunication Services 121,740 795,902
Tiger Brands Ltd. Food Products 68,100 1,080,327
Truworths International Ltd. Specialty Retail 220,620 1,095,179
Vodacom Group Ltd. Wireless Telecommunication Services 279,720 2,373,839
      13,830,791
South Korea 10.5%      
BGF Retail Co. Ltd. Food & Staples Retailing 1,500 274,109
BNK Financial Group Inc. Banks 119,220 773,358
Daelim Industrial Co. Ltd. Construction & Engineering 5,460 543,801
DB Insurance Co. Ltd. Insurance 8,460 434,485
Hana Financial Group Inc. Banks 109,560 3,548,732
Hanwha Life Insurance Co. Ltd. Insurance 120,360 341,384
Hyundai Marine & Fire Insurance Co. Ltd. Insurance 26,340 649,004
Industrial Bank of Korea Banks 124,800 1,518,590
Kangwon Land Inc. Hotels, Restaurants & Leisure 49,140 1,287,390
KB Financial Group Inc. Banks 87,480 3,473,744
Kia Motors Corp. Automobiles 45,960 1,751,388
Korea Zinc Co. Ltd. Metals & Mining 1,440 593,634
KT&G Corp. Tobacco 40,560 3,460,061
Kumho Petrochemical Co. Ltd. Chemicals 3,360 283,431
Lotte Chemical Corp. Chemicals 8,160 1,784,437
NCsoft Corp. Entertainment 4,980 2,057,299
b Orange Life Insurance Ltd., Reg S Insurance 6,120 167,755
a PearlAbyss Corp. Entertainment 1,140 209,606
S-1 Corp. Commercial Services & Supplies 7,200 608,600
Samsung Card Co. Ltd. Consumer Finance 5,400 178,652
  Technology Hardware, Storage &    
Samsung Electronics Co. Ltd. Peripherals 83,340 3,392,353
Shinhan Financial Group Co. Ltd. Banks 78,900 3,068,125
  Semiconductors & Semiconductor    
SK Hynix Inc. Equipment 56,040 3,373,126
SK Telecom Co. Ltd. Wireless Telecommunication Services 9,960 2,234,132
Woongjin Coway Co. Ltd. Household Durables 26,340 1,765,657
      37,772,853
Taiwan 12.2%      
  Technology Hardware, Storage &    
Advantech Co. Ltd. Peripherals 60,000 509,989
  Technology Hardware, Storage &    
Catcher Technology Co. Ltd. Peripherals 300,000 2,149,101
  Technology Hardware, Storage &    
Chicony Electronics Co. Ltd. Peripherals 240,000 590,351
Chunghwa Telecom Co. Ltd. Diversified Telecommunication Services 960,000 3,492,651
Eclat Textile Co. Ltd. Textiles, Apparel & Luxury Goods 33,550 429,914
Far EasTone Telecommunications Co. Ltd. Wireless Telecommunication Services 660,000 1,663,839
Feng Tay Enterprise Co. Ltd. Textiles, Apparel & Luxury Goods 153,550 1,196,384
Formosa Chemicals & Fibre Corp. Chemicals 1,020,000 3,382,540
Formosa Petrochemical Corp. Oil, Gas & Consumable Fuels 540,000 1,921,151
Formosa Plastics Corp. Chemicals 960,000 3,539,014
  Semiconductors & Semiconductor    
Globalwafers Co. Ltd. Equipment 38,640 391,258

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Highwealth Construction Corp. Real Estate Management & Development 120,000 191,053
  Electronic Equipment, Instruments &    
Largan Precision Co. Ltd. Components 17,280 2,144,735
  Technology Hardware, Storage &    
Lite-On Technology Corp. Peripherals 420,000 615,271
Nan Ya Plastics Corp. Chemicals 1,380,000 3,492,265
  Semiconductors & Semiconductor    
Nanya Technology Corp. Equipment 600,000 1,245,996
Nien Made Enterprise Co. Ltd. Household Durables 76,000 571,355
  Semiconductors & Semiconductor    
Novatek Microelectronics Corp. Ltd. Equipment 277,000 1,542,877
  Semiconductors & Semiconductor    
Phison Electronics Corp. Equipment 71,000 646,920
  Semiconductors & Semiconductor    
Powertech Technology Inc. Equipment 120,000 293,630
President Chain Store Corp. Food & Staples Retailing 283,350 2,741,405
Ruentex Industries Ltd. Textiles, Apparel & Luxury Goods 60,000 145,849
Standard Foods Corp. Food Products 60,000 117,259
Taiwan Business Bank Banks 720,000 316,425
Taiwan Mobile Co. Ltd. Wireless Telecommunication Services 720,000 2,839,711
  Semiconductors & Semiconductor    
Taiwan Semiconductor Manufacturing Co. Ltd. Equipment 420,000 3,231,861
The Shanghai Commercial & Savings Bank Ltd. Banks 540,000 977,092
  Semiconductors & Semiconductor    
Vanguard International Semiconductor Corp. Equipment 360,000 755,711
  Electronic Equipment, Instruments &    
Walsin Technology Corp. Components 76,000 401,294
  Electronic Equipment, Instruments &    
Yageo Corp. Components 108,000 917,980
Yuanta Financial Holding Co. Ltd. Capital Markets 1,740,000 1,044,801
  Electronic Equipment, Instruments &    
Zhen Ding Technology Holding Ltd. Components 85,000 272,026
      43,771,708
Thailand 4.5%      
Advanced Info Service PCL Wireless Telecommunication Services 558,000 3,966,544
Bumrungrad Hospital PCL Health Care Providers & Services 168,000 925,801
  Independent Power and Renewable    
Electricity Generating PCL Electricity Producers 48,000 508,682
Intouch Holdings PCL Wireless Telecommunication Services 534,000 1,092,639
Land and Houses PCL, NVDR Real Estate Management & Development 1,236,000 447,366
PTT Global Chemical PCL, NVDR Chemicals 942,000 1,965,860
PTT PCL Oil, Gas & Consumable Fuels 2,268,000 3,605,282
  Independent Power and Renewable    
Ratch Group PCL, NVDR Electricity Producers 138,000 300,367
The Siam Cement PCL Construction Materials 222,000 3,416,777
      16,229,318
Turkey 1.8%      
BIM Birlesik Magazalar AS Food & Staples Retailing 100,620 1,385,612
Eregli Demir ve Celik Fabrikalari AS Metals & Mining 768,180 1,045,224
Ford Otomotiv Sanayi AS Automobiles 39,300 424,663
TAV Havalimanlari Holding AS Transportation Infrastructure 87,960 410,602
Tupras-Turkiye Petrol Rafinerileri AS Oil, Gas & Consumable Fuels 67,140 1,334,907
Turkcell Iletisim Hizmetleri AS Wireless Telecommunication Services 395,820 875,950
a Turkiye Is Bankasi AS, C Banks 681,840 713,197
Turkiye Sise Ve Cam Fabrikalari AS Industrial Conglomerates 120,540 108,161
      6,298,316
United Arab Emirates 1.9%      
Abu Dhabi Commercial Bank PJSC Banks 511,800 1,156,484
Aldar Properties PJSC Real Estate Management & Development 1,604,700 825,690
Dubai Islamic Bank PJSC Banks 693,300 968,278
Emaar Development PJSC Real Estate Management & Development 310,140 338,582

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Emirates Telecommunications Group Co. PJSC Diversified Telecommunication Services 774,120 3,515,326
      6,804,360
United Kingdom 0.2%      
Mondi Ltd. Paper & Forest Products 23,640 531,367
 
Total Common Stocks (Cost $315,706,309)     339,771,971
Preferred Stocks 4.2%      
Brazil 3.1%      
a,c Braskem SA, pfd., A Chemicals 30,000 274,197
c Itau Unibanco Holding SA, 3.969%, pfd. Banks 432,000 4,087,073
c Itausa - Investimentos Itau SA, 3.173%, pfd. Banks 1,242,000 4,177,104
c Telefonica Brasil SA, 10.146%, pfd. Diversified Telecommunication Services 192,000 2,500,286
      11,038,660
Russia 0.8%      
c Surgutneftegas PJSC, 3.239%, pfd. Oil, Gas & Consumable Fuels 3,628,260 2,451,053
c Transneft PJSC, 4.580%, pfd. Oil, Gas & Consumable Fuels 180 472,152
      2,923,205
South Korea 0.3%      
c LG Chem Ltd., 3.095%, pfd. Chemicals 2,940 497,787
  Technology Hardware, Storage &    
c Samsung Electronics Co. Ltd., 3.705%, pfd. Peripherals 16,320 540,632
      1,038,419
Total Preferred Stocks (Cost $13,099,623)     15,000,284
Total Investments (Cost $328,805,932) 99.0%     354,772,255
Other Assets, less Liabilities 1.0%     3,663,807
Net Assets 100.0%   $ 358,436,062

 

aNon-income producing.
bSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. These securities have been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June
30, 2019, the aggregate value of these securities was $5,018,259, representing 1.4% of net assets.
cVariable rate security. The rate shown represents the yield at period end.

At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.

Futures Contracts              
                Value/Unrealized
      Number of Notional Expiration   Appreciation
Description Type Contracts Amount* Date   (Depreciation)
Equity Contracts              
MSCI Emerging Markets Index Long 59 $ 3,107,530 9/20/19 $ 71,948
*As of period end.              
 
Abbreviations              
 
Selected Portfolio              
 
ADR - American Depositary Receipt              
GDR - Global Depositary Receipt              
NVDR - Non-Voting Depositary Receipt              

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin LibertyQ Global Dividend ETF Industry Shares   Value
Common Stocks 97.0%        
Australia 10.2%        
Australian Stock Exchange Ltd. Capital Markets 2,076 $ 119,999
Brambles Ltd. Commercial Services & Supplies 20,892   188,833
Challenger Ltd. Diversified Financial Services 5,328   24,827
Commonwealth Bank of Australia Banks 6,663   387,059
Flight Centre Travel Group Ltd. Hotels, Restaurants & Leisure 606   17,670
Macquarie Group Ltd. Capital Markets 3,345   294,335
National Australia Bank Ltd. Banks 20,286   380,378
Westpac Banking Corp. Banks 19,119   380,499
        1,793,600
Belgium 0.3%        
Proximus SADP Diversified Telecommunication Services 1,797   53,043
 
Canada 6.7%        
Bank of Nova Scotia Banks 6,282   338,149
Canadian Imperial Bank of Commerce Banks 4,032   317,747
CI Financial Corp. Capital Markets 5,097   83,237
IGM Financial Inc. Capital Markets 1,074   30,730
Royal Bank of Canada Banks 4,278   340,701
TELUS Corp. Diversified Telecommunication Services 1,686   62,460
        1,173,024
China 1.2%        
Anta Sports Products Ltd. Textiles, Apparel & Luxury Goods 12,000   82,407
China Vanke Co. Ltd., A Real Estate Management & Development 1,800   7,283
China Vanke Co. Ltd., H Real Estate Management & Development 14,700   55,131
Longfor Group Holdings Ltd. Real Estate Management & Development 19,500   73,507
        218,328
Denmark 0.4%        
Tryg AS Insurance 1,947   63,395
 
Finland 3.0%        
Elisa OYJ Diversified Telecommunication Services 1,653   80,775
Kone OYJ, B Machinery 3,681   217,561
Nokian Renkaat OYJ Auto Components 1,665   52,067
Orion OYJ Pharmaceuticals 741   27,197
Sampo OYJ, A Insurance 3,162   149,437
        527,037
France 0.1%        
Societe BIC SA Commercial Services & Supplies 156   11,912
Germany 2.7%        
Deutsche Boerse AG Capital Markets 2,088   295,800
Hannover Rueck SE Insurance 693   112,222
Hugo Boss AG Textiles, Apparel & Luxury Goods 966   64,355
        472,377
Indonesia 0.9%        
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk,        
B Diversified Telecommunication Services 525,900   154,113
Japan 3.1%        
Daito Trust Construction Co. Ltd. Real Estate Management & Development 1,400   178,476
Lawson Inc. Food & Staples Retailing 430   20,634

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
NTT DoCoMo Inc. Wireless Telecommunication Services 15,000 349,800
      548,910
Macau 1.0%      
Sands China Ltd. Hotels, Restaurants & Leisure 37,200 177,846
Malaysia 0.3%      
Nestle (Malaysia) Bhd. Food Products 1,200 43,296
Mexico 0.2%      
a Kimberly-Clark de Mexico SAB de CV, A Household Products 17,172 31,901
New Zealand 0.2%      
Spark New Zealand Ltd. Diversified Telecommunication Services 12,744 34,238
Norway 0.8%      
Telenor ASA Diversified Telecommunication Services 6,333 134,518
Qatar 1.9%      
Qatar Islamic Bank SAQ Banks 7,230 32,981
Qatar National Bank SAQ Banks 58,920 307,929
      340,910
Russia 0.8%      
NLMK PJSC Metals & Mining 7,854 19,886
Tatneft PAO Oil, Gas & Consumable Fuels 9,246 113,590
      133,476
Singapore 1.9%      
ComfortDelGro Corp. Ltd. Road & Rail 25,500 50,135
SATS Ltd. Transportation Infrastructure 8,400 32,409
Singapore Telecommunications Ltd. Diversified Telecommunication Services 78,300 202,557
Singapore Telecommunications Ltd. Diversified Telecommunication Services 7,200 18,626
  Electronic Equipment, Instruments &    
Venture Corp. Ltd. Components 2,700 32,509
      336,236
South Africa 3.1%      
Absa Group Ltd. Banks 5,595 69,832
FirstRand Ltd. Diversified Financial Services 43,215 210,080
Mr. Price Group Ltd. Specialty Retail 3,843 54,100
Rand Merchant Investment Holdings Ltd. Insurance 9,990 24,066
RMB Holdings Ltd. Diversified Financial Services 12,630 75,594
Sanlam Ltd. Insurance 18,882 104,658
      538,330
Spain 0.4%      
Red Electrica Corp. SA Electric Utilities 3,684 76,838
Sweden 2.2%      
Atlas Copco AB Machinery 5,553 159,440
Hennes & Mauritz AB, B Specialty Retail 12,855 229,107
      388,547
Switzerland 7.0%      
Novartis AG Pharmaceuticals 4,020 367,778
Roche Holding AG Pharmaceuticals 1,269 357,468
SGS SA Professional Services 57 145,394
Zurich Insurance Group AG Insurance 1,035 360,817
      1,231,457
Taiwan 2.4%      
Chailease Holding Co. Ltd. Diversified Financial Services 7,000 28,960
Feng Tay Enterprise Co. Ltd. Textiles, Apparel & Luxury Goods 4,000 31,166
  Semiconductors & Semiconductor    
Phison Electronics Corp. Equipment 1,000 9,112

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
  Semiconductors & Semiconductor    
Taiwan Semiconductor Manufacturing Co. Ltd. Equipment 43,000 330,881
  Semiconductors & Semiconductor    
Vanguard International Semiconductor Corp. Equipment 9,000 18,893
      419,012
United Kingdom 10.8%      
a Amcor PLC Containers & Packaging 12,588 144,636
BT Group PLC Diversified Telecommunication Services 75,081 187,729
Direct Line Insurance Group PLC Insurance 19,743 83,371
GlaxoSmithKline PLC Pharmaceuticals 16,887 338,844
Legal & General Group PLC Insurance 55,851 191,565
Marks & Spencer Group PLC Multiline Retail 13,900 37,274
Next PLC Multiline Retail 1,809 127,226
Smiths Group PLC Industrial Conglomerates 3,489 69,493
Taylor Wimpey PLC Household Durables 20,754 41,667
Unilever NV, IDR Personal Products 5,517 336,505
Unilever PLC Personal Products 5,469 340,677
      1,898,987
United States 35.4%      
Altria Group Inc. Tobacco 6,408 303,419
Arthur J. Gallagher & Co. Insurance 1,590 139,268
Darden Restaurants Inc. Hotels, Restaurants & Leisure 1,659 201,950
Emerson Electric Co. Electrical Equipment 5,160 344,275
Garmin Ltd. Household Durables 1,713 136,698
H&R Block Inc. Diversified Consumer Services 2,730 79,989
  Semiconductors & Semiconductor    
Intel Corp. Equipment 7,449 356,584
International Business Machines Corp. IT Services 2,487 342,957
Johnson & Johnson Pharmaceuticals 2,412 335,943
Kimberly-Clark Corp. Household Products 2,589 345,062
Las Vegas Sands Corp. Hotels, Restaurants & Leisure 4,800 283,632
Leggett & Platt Inc. Household Durables 1,401 53,756
Lockheed Martin Corp. Aerospace & Defense 987 358,814
LyondellBasell Industries NV, A Chemicals 4,167 358,904
  Semiconductors & Semiconductor    
Maxim Integrated Products Inc. Equipment 4,011 239,938
McDonald's Corp. Hotels, Restaurants & Leisure 1,677 348,246
Merck & Co. Inc. Pharmaceuticals 4,239 355,440
Paychex Inc. IT Services 3,873 318,709
Philip Morris International Inc. Tobacco 3,843 301,791
  Technology Hardware, Storage &    
Seagate Technology PLC Peripherals 3,699 174,297
Tapestry Inc. Textiles, Apparel & Luxury Goods 3,294 104,519
The Gap Inc. Specialty Retail 2,268 40,756
The Procter & Gamble Co. Household Products 3,111 341,121
United Parcel Service Inc., B Air Freight & Logistics 3,357 346,677
      6,212,745
Total Common Stocks (Cost $16,235,955)     17,014,076
Preferred Stocks (Cost $243,230) 2.3%      
Brazil 2.3%      
b Itau Unibanco Holding SA, 3.969%, pfd. Banks 43,200 408,707
 
Total Investments (Cost $16,479,185) 99.3%     17,422,783
 
Other Assets, less Liabilities 0.7%     119,789
Net Assets 100.0%   $ 17,542,572
 
aNon-income producing.      
bVariable rate security. The rate shown represents the yield at period end.      

 

 

FRANKLIN TEMPLETON ETF TRUST              
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)          
 
 
 
 
At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.      
 
 
Futures Contracts              
 
 
              Value/Unrealized
    Number of Notional Expiration   Appreciation
Description Type Contracts Amount* Date   (Depreciation)
Equity Contracts              
MSCI All Country World Index Long 2 $ 52,030 9/20/19 $ 87
*As of period end.              
 
Abbreviations              
 
Selected Portfolio              

 

IDR - International Depositary Receipt

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin LibertyQ Global Equity ETF Industry Shares   Value
Common Stocks and Other Equity Interests 97.4%        
Argentina 0.0%†        
Transportadora de Gas del Sur SA, B, ADR Oil, Gas & Consumable Fuels 165 $ 2,386
 
Australia 6.9%        
AGL Energy Ltd. Multi-Utilities 1,134   15,924
Alumina Ltd. Metals & Mining 5,352   8,751
Aurizon Holdings Ltd. Road & Rail 3,531   13,381
Australia & New Zealand Banking Group Ltd. Banks 2,256   44,661
Australian Stock Exchange Ltd. Capital Markets 144   8,324
Bendigo and Adelaide Bank Ltd. Banks 501   4,071
BHP Group Ltd. Metals & Mining 5,478   158,227
Bluescope Steel Ltd. Metals & Mining 906   7,661
Brambles Ltd. Commercial Services & Supplies 2,835   25,624
Cimic Group Ltd. Construction & Engineering 159   4,995
Coca-Cola Amatil Ltd. Beverages 1,260   9,037
Cochlear Ltd. Health Care Equipment & Supplies 129   18,724
Commonwealth Bank of Australia Banks 1,416   82,257
Crown Resorts Ltd. Hotels, Restaurants & Leisure 777   6,788
CSL Ltd. Biotechnology 843   127,189
  Equity Real Estate Investment Trusts      
Dexus (REITs) 2,214   20,167
Flight Centre Travel Group Ltd. Hotels, Restaurants & Leisure 126   3,674
Fortescue Metals Group Ltd. Metals & Mining 3,249   20,565
  Equity Real Estate Investment Trusts      
Goodman Group (REITs) 2,367   24,965
  Equity Real Estate Investment Trusts      
GPT Group (REITs) 3,810   16,443
Harvey Norman Holdings Ltd. Multiline Retail 1,713   4,892
Macquarie Group Ltd. Capital Markets 408   35,901
Medibank Private Ltd. Insurance 6,549   16,039
  Equity Real Estate Investment Trusts      
Mirvac Group (REITs) 5,412   11,887
National Australia Bank Ltd. Banks 4,743   88,935
REA Group Ltd. Interactive Media & Services 81   5,459
Rio Tinto Ltd. Metals & Mining 834   60,726
Rio Tinto PLC Metals & Mining 2,244   139,384
  Equity Real Estate Investment Trusts      
Scentre Group (REITs) 7,011   18,893
Sonic Healthcare Ltd. Health Care Providers & Services 825   15,689
South32 Ltd. Metals & Mining 9,393   20,961
Telstra Corp. Ltd. Diversified Telecommunication Services 9,639   26,042
  Equity Real Estate Investment Trusts      
Vicinity Centres (REITs) 5,427   9,331
Washington H. Soul Pattinson & Co. Ltd. Oil, Gas & Consumable Fuels 180   2,778
Wesfarmers Ltd. Multiline Retail 2,412   61,205
Westpac Banking Corp. Banks 2,835   56,421
Woodside Petroleum Ltd. Oil, Gas & Consumable Fuels 1,380   35,212
Woolworths Group Ltd. Food & Staples Retailing 2,532   59,044
        1,290,227
Austria 0.1%        
OMV AG Oil, Gas & Consumable Fuels 225   10,979
 
Belgium 0.1%        
Colruyt SA Food & Staples Retailing 165   9,583
Proximus SADP Diversified Telecommunication Services 315   9,298
        18,881
Brazil 0.3%        
Banco Santander Brasil SA Banks 600   7,117
BB Seguridade Participacoes SA Insurance 1,800   15,207

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Cielo SA IT Services 2,400 4,208
Companhia de Saneamento Basico do Estado de Sao Paulo Water Utilities 600 7,400
Cosan SA Oil, Gas & Consumable Fuels 100 1,204
  Independent Power and Renewable    
Engie Brasil SA Electricity Producers 300 3,403
Hypera SA Pharmaceuticals 300 2,347
IRB Brasil Resseguros SA Insurance 210 5,397
Lojas Renner SA Multiline Retail 600 7,383
M. Dias Branco SA Food Products 300 3,050
Petrobras Distribuidora SA Specialty Retail 300 1,957
Tim Participacoes SA Wireless Telecommunication Services 900 2,731
      61,404
Canada 2.6%      
BCE Inc. Diversified Telecommunication Services 297 13,541
Canadian Imperial Bank of Commerce Banks 744 58,632
Canadian National Railway Co. Road & Rail 1,299 120,481
a CGI Inc., A IT Services 225 17,335
CI Financial Corp. Capital Markets 405 6,614
Constellation Software Inc. Software 39 36,836
Empire Co. Ltd., A Food & Staples Retailing 138 3,483
First Capital Realty Inc. Real Estate Management & Development 255 4,266
Gildan Activewear Inc. Textiles, Apparel & Luxury Goods 435 16,871
Great-West Lifeco Inc. Insurance 231 5,330
  Equity Real Estate Investment Trusts    
H&R Real Estate Investment Trust (REITs) 294 5,139
Hydro One Ltd. Electric Utilities 138 2,412
Inter Pipeline Ltd. Oil, Gas & Consumable Fuels 630 9,821
Magna International Inc. Auto Components 741 36,949
Methanex Corp. Chemicals 54 2,457
Metro Inc., A Food & Staples Retailing 504 18,953
Newmarket Gold Inc. Metals & Mining 237 10,233
Power Corp. of Canada Insurance 384 8,290
Power Financial Corp. Insurance 186 4,287
Quebecor Inc., B Media 132 3,151
  Equity Real Estate Investment Trusts    
RioCan REIT (REITs) 288 5,728
Rogers Communications Inc., B Wireless Telecommunication Services 618 33,152
Saputo Inc. Food Products 432 12,959
  Equity Real Estate Investment Trusts    
SmartCentres REIT (REITs) 51 1,296
Teck Resources Ltd., B Metals & Mining 750 17,344
TELUS Corp. Diversified Telecommunication Services 327 12,114
Thomson Reuters Corp. Professional Services 165 10,667
West Fraser Timber Co. Ltd. Paper & Forest Products 108 4,934
      483,275
Chile 0.1%      
Aguas Andinas SA, A Water Utilities 3,456 2,036
  Independent Power and Renewable    
Colbun SA Electricity Producers 7,131 1,470
Compania Cervecerias Unidas SA Beverages 210 2,954
Enel Chile SA Electric Utilities 45,534 4,319
      10,779
China 3.0%      
Agricultural Bank of China Ltd., A Banks 4,200 2,200
Agricultural Bank of China Ltd., H Banks 48,000 20,091
Anhui Conch Cement Co. Ltd., A Construction Materials 300 1,811
Anhui Conch Cement Co. Ltd., H Construction Materials 2,000 12,531
Anta Sports Products Ltd. Textiles, Apparel & Luxury Goods 3,000 20,602
Bank of China Ltd., A Banks 600 327
Bank of China Ltd., H Banks 153,000 64,627
Bank of Communications Co. Ltd., A Banks 100 89
Bank of Communications Co. Ltd., H Banks 15,000 11,386

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
China Cinda Asset Management Co. Ltd., H Capital Markets 15,000 3,456
China CITIC Bank Corp. Ltd., H Banks 18,000 10,253
China Conch Venture Holdings Ltd. Machinery 3,000 10,598
China Construction Bank Corp., H Banks 78,000 67,192
China Everbright Bank Co. Ltd., H Banks 6,000 2,749
China Minsheng Banking Corp. Ltd., H Banks 10,500 7,271
China Mobile Ltd. Wireless Telecommunication Services 12,500 113,840
China Petroleum & Chemical Corp., H Oil, Gas & Consumable Fuels 36,000 24,469
China Resources Cement Holdings Ltd. Construction Materials 4,000 3,876
China Shenhua Energy Co. Ltd., H Oil, Gas & Consumable Fuels 6,000 12,565
China Telecom Corp. Ltd., H Diversified Telecommunication Services 12,000 6,036
  Independent Power and Renewable    
China Yangtze Power Co. Ltd., A Electricity Producers 300 781
China Zhongwang Holdings Ltd. Metals & Mining 2,400 1,210
Chongqing Rural Commercial Bank Co. Ltd., H Banks 6,000 3,264
CNOOC Ltd. Oil, Gas & Consumable Fuels 15,000 25,651
Dali Foods Group Co. Ltd. Food Products 6,000 3,986
Daqin Railway Co. Ltd., A Road & Rail 900 1,059
Dongfeng Motor Group Co. Ltd., H Automobiles 6,000 4,915
  Technology Hardware, Storage &    
Focus Media Information Technology Co. Ltd. Peripherals 360 277
Foshan Haitian Flavouring & Food Co. Ltd. Food Products 300 4,583
Guangdong Investment Ltd. Water Utilities 6,000 11,873
Guangzhou Automobile Group Co. Ltd., H Automobiles 7,600 8,113
Industrial and Commercial Bank of China Ltd., H Banks 51,000 37,210
Jiangsu Expressway Co. Ltd., H Transportation Infrastructure 2,000 2,847
  Electronic Equipment, Instruments &    
Kingboard Holdings Ltd. Components 1,500 4,176
Longfor Group Holdings Ltd. Real Estate Management & Development 3,000 11,309
Maanshan Iron & Steel Co. Ltd., H Metals & Mining 6,000 2,381
Nexteer Automotive Group Ltd. Auto Components 1,000 1,244
Nine Dragons Paper Holdings Ltd. Paper & Forest Products 3,000 2,661
SAIC Motor Corp Ltd Automobiles 300 1,113
Shenzhou International Group Holdings Ltd. Textiles, Apparel & Luxury Goods 1,200 16,497
Sihuan Pharmaceutical Holdings Group Ltd. Pharmaceuticals 12,000 2,703
Sino-Ocean Land Holdings Ltd. Real Estate Management & Development 6,000 2,550
Sinopec Shanghai Petrochemical Co. Ltd., H Chemicals 12,000 4,762
Yuzhou Properties Co. Real Estate Management & Development 6,000 2,819
a YY Inc., ADR Interactive Media & Services 87 6,063
      560,016
Colombia 0.0%†      
Ecopetrol SA Oil, Gas & Consumable Fuels 8,049 7,329
 
Czech Republic 0.0%†      
Moneta Money Bank AS Banks 798 2,736
 
Denmark 1.3%      
Coloplast AS, B Health Care Equipment & Supplies 279 31,578
Novo Nordisk AS, B Pharmaceuticals 3,849 196,444
Pandora AS Textiles, Apparel & Luxury Goods 297 10,581
Tryg AS Insurance 84 2,735
      241,338
Egypt 0.1%      
Commercial International Bank Egypt SAE Banks 1,272 5,622
Eastern Co. SAE Tobacco 3,336 3,086
ElSewedy Electric Co. Electrical Equipment 1,380 1,181
      9,889
Finland 0.2%      
Elisa OYJ Diversified Telecommunication Services 264 12,901
a Nokian Renkaat OYJ Auto Components 258 8,068

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Orion OYJ Pharmaceuticals 198 7,267
      28,236
France 0.8%      
Cie Generale des Etablissements Michelin SCA Auto Components 294 37,348
  Equity Real Estate Investment Trusts    
Covivio (REITs) 57 5,975
Hermes International Textiles, Apparel & Luxury Goods 60 43,334
Peugeot SA Automobiles 1,101 27,170
Renault SA Automobiles 156 9,823
Societe BIC SA Commercial Services & Supplies 51 3,894
Societe Generale SA Banks 981 24,823
      152,367
Germany 0.4%      
Aroundtown SA Real Estate Management & Development 999 8,243
Covestro AG Chemicals 390 19,857
Deutsche Lufthansa AG Airlines 432 7,414
E.ON SE Multi-Utilities 1,908 20,753
Hugo Boss AG Textiles, Apparel & Luxury Goods 135 8,994
Knorr-Bremse AG Machinery 33 3,683
TUI AG Hotels, Restaurants & Leisure 747 7,343
      76,287
Greece 0.0%†      
JUMBO SA Specialty Retail 195 3,775
Motor Oil (Hellas) Corinth Refineries SA Oil, Gas & Consumable Fuels 60 1,538
      5,313
Hong Kong 0.7%      
CLP Holdings Ltd. Electric Utilities 3,000 33,101
HKT Trust and HKT Ltd. Diversified Telecommunication Services 6,000 9,523
Hongkong Land Holdings Ltd. Real Estate Management & Development 2,100 13,524
Jardine Matheson Holdings Ltd. Industrial Conglomerates 400 25,208
Kerry Properties Ltd. Real Estate Management & Development 1,500 6,298
Kingboard Laminates Holdings Ltd. Chemicals 3,000 2,749
Lee & Man Paper Manufacturing Ltd. Paper & Forest Products 3,000 2,101
NWS Holdings Ltd. Industrial Conglomerates 3,000 6,167
Power Assets Holdings Ltd. Electric Utilities 1,500 10,790
Swire Properties Ltd. Real Estate Management & Development 1,800 7,269
Vitasoy International Holdings Ltd. Food Products 800 3,845
b WH Group Ltd., Reg S Food Products 13,500 13,686
Yue Yuen Industrial Holdings Ltd. Textiles, Apparel & Luxury Goods 1,500 4,109
      138,370
Hungary 0.0%†      
MOL Hungarian Oil and Gas PLC Oil, Gas & Consumable Fuels 789 8,774
 
India 0.4%      
Infosys Ltd., ADR IT Services 7,570 80,999
 
Indonesia 0.4%      
Adaro Energy Tbk PT Oil, Gas & Consumable Fuels 29,700 2,859
Bukit Asam Tbk PT Oil, Gas & Consumable Fuels 6,600 1,383
Charoen Pokphand Indonesia Tbk PT Food Products 5,700 1,908
Gudang Garam Tbk PT Tobacco 600 3,265
Hanjaya Mandala Sampoerna Tbk PT Tobacco 24,900 5,534
Indofood CBP Sukses Makmur Tbk PT Food Products 4,800 3,449
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk,      
B Diversified Telecommunication Services 96,000 28,132
Surya Citra Media Tbk PT Media 13,800 1,573
Unilever Indonesia Tbk PT Household Products 3,900 12,423
United Tractors Tbk PT Oil, Gas & Consumable Fuels 3,300 6,587
      67,113
Israel 0.3%      
Azrieli Group Ltd. Real Estate Management & Development 21 1,407

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Bank Leumi Le-Israel BM Banks 2,241 16,186
a Check Point Software Technologies Ltd. Software 228 26,359
Israel Chemicals Ltd. Chemicals 753 3,946
      47,898
Italy 0.8%      
Assicurazioni Generali SpA Insurance 900 16,973
Enel SpA Electric Utilities 6,750 47,198
Intesa Sanpaolo SpA Banks 23,820 51,051
Moncler SpA Textiles, Apparel & Luxury Goods 342 14,644
b Poste Italiane SpA, Reg S Insurance 954 10,060
Recordati SpA Pharmaceuticals 99 4,133
Snam SpA Oil, Gas & Consumable Fuels 1,650 8,213
      152,272
Japan 4.8%      
ABC-Mart Inc. Specialty Retail 75 4,887
  Semiconductors & Semiconductor    
Advantest Corp. Equipment 300 8,256
Astellas Pharma Inc. Pharmaceuticals 3,600 51,290
Bandai Namco Holdings Inc. Leisure Products 300 14,563
Bridgestone Corp. Auto Components 1,100 43,310
  Technology Hardware, Storage &    
CANON Inc. Peripherals 1,600 46,720
Daito Trust Construction Co. Ltd. Real Estate Management & Development 150 19,122
Daiwa House Industry Co. Ltd. Real Estate Management & Development 600 17,492
Hoya Corp. Health Care Equipment & Supplies 700 53,627
Iida Group Holdings Co. Ltd. Household Durables 300 4,845
ITOCHU Corp. Trading Companies & Distributors 2,400 45,899
Japan Airlines Co. Ltd. Airlines 300 9,587
Japan Post Bank Co. Ltd. Banks 600 6,092
Japan Tobacco Inc. Tobacco 2,100 46,380
JFE Holdings Inc. Metals & Mining 600 8,813
JXTG Holdings Inc. Oil, Gas & Consumable Fuels 4,800 23,808
Kakaku.com Inc. Interactive Media & Services 300 5,792
KAO Corp. Personal Products 730 55,627
KDDI Corp. Wireless Telecommunication Services 3,600 91,671
Marubeni Corp. Trading Companies & Distributors 2,400 15,883
Mitsubishi Chemical Holdings Corp. Chemicals 1,500 10,478
Mitsubishi Gas Chemical Co. Inc. Chemicals 300 3,999
a Nexon Co. Ltd. Entertainment 300 4,349
Nippon Telegraph & Telephone Corp. Diversified Telecommunication Services 1,400 65,192
Nissan Motor Co. Ltd. Automobiles 3,900 27,931
NTT DoCoMo Inc. Wireless Telecommunication Services 3,000 69,960
Oracle Corp. Japan Software 75 5,478
Sekisui House Ltd. Household Durables 300 4,944
Shionogi & Co. Ltd. Pharmaceuticals 300 17,289
Subaru Corp. Automobiles 1,200 29,170
Suzuki Motor Corp. Automobiles 300 14,101
Taisei Corp. Construction & Engineering 400 14,535
  Semiconductors & Semiconductor    
Tokyo Electron Ltd. Equipment 300 42,101
Tosoh Corp. Chemicals 300 4,219
Zozo Inc. Internet & Direct Marketing Retail 300 5,622
      893,032
Luxembourg 0.0%†      
RTL Group SA Media 78 4,001
 
Macau 0.3%      
Galaxy Entertainment Group Ltd. Hotels, Restaurants & Leisure 4,000 26,957
Sands China Ltd. Hotels, Restaurants & Leisure 5,200 24,860

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Wynn Macau Ltd. Hotels, Restaurants & Leisure 2,400 5,376
      57,193
Malaysia 0.2%      
AirAsia Group Bhd. Airlines 3,300 2,180
British American Tobacco Malaysia Bhd. Tobacco 300 2,091
Digi.com Bhd. Wireless Telecommunication Services 7,800 9,532
Fraser & Neave Holdings Bhd. Beverages 300 2,509
Hartalega Holdings Bhd. Health Care Equipment & Supplies 2,700 3,423
Nestle (Malaysia) Bhd. Food Products 200 7,216
Petronas Chemicals Group Bhd. Chemicals 5,100 10,367
Petronas Gas Bhd. Gas Utilities 600 2,520
Westports Holdings Bhd. Transportation Infrastructure 2,700 2,574
      42,412
Mexico 0.3%      
  Equity Real Estate Investment Trusts    
Fibra Uno Administracion SA de CV (REITs) 4,905 6,490
Grupo Aeroportuario del Pacifico SAB de CV Transportation Infrastructure 540 5,618
a Kimberly-Clark de Mexico SAB de CV, A Household Products 3,720 6,911
Megacable Holdings SAB de CV Media 354 1,502
Wal-Mart de Mexico SAB de CV, V Food & Staples Retailing 10,152 27,690
      48,211
Netherlands 0.3%      
Aegon NV Insurance 161 802
Akzo Nobel NV Chemicals 180 16,940
Koninklijke Ahold Delhaize NV Food & Staples Retailing 2,100 47,299
      65,041
New Zealand 0.2%      
Fisher & Paykel Healthcare Corp. Ltd. Health Care Equipment & Supplies 1,286 13,353
  Independent Power and Renewable    
Meridian Energy Ltd. Electricity Producers 1,083 3,455
Spark New Zealand Ltd. Diversified Telecommunication Services 4,698 12,622
      29,430
Norway 0.3%      
Mowi ASA Food Products 900 21,054
Telenor ASA Diversified Telecommunication Services 1,344 28,547
      49,601
Pakistan 0.0%†      
MCB Bank Ltd. Banks 900 983
Oil & Gas Development Co. Ltd. Oil, Gas & Consumable Fuels 2,100 1,728
      2,711
Philippines 0.1%      
DMCI Holdings Inc. Industrial Conglomerates 6,900 1,387
Globe Telecom Inc. Wireless Telecommunication Services 75 3,311
Manila Electric Co. Electric Utilities 630 4,759
      9,457
Poland 0.0%†      
Powszechny Zalkad Ubezpieczen SA Insurance 630 7,376
 
Portugal 0.0%†      
Jeronimo Martins SGPS SA Food & Staples Retailing 465 7,501
 
Qatar 0.3%      
Barwa Real Estate Co. Real Estate Management & Development 114 1,071
Industries Qatar QSC Industrial Conglomerates 4,050 12,791
Mesaieed Petrochemical Holding Co. Chemicals 4,260 3,053
Qatar Electricity & Water Co. QSC Multi-Utilities 690 3,157
Qatar Fuel QSC Oil, Gas & Consumable Fuels 390 2,298
Qatar Islamic Bank SAQ Banks 1,590 7,253
Qatar National Bank SAQ Banks 5,820 30,417

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
The Commercial Bank PQSC Banks 2 3
      60,043
Russia 2.1%      
Alrosa PJSC Metals & Mining 7,797 10,636
Evraz PLC Metals & Mining 681 5,765
Gazprom PJSC Oil, Gas & Consumable Fuels 24,081 88,891
Inter RAO UES PJSC Electric Utilities 63,657 4,571
LUKOIL PJSC Oil, Gas & Consumable Fuels 1,095 92,096
Magnitogorsk Iron & Steel Works Metals & Mining 4,797 3,421
MMC Norilsk Nickel PJSC Metals & Mining 159 36,068
Mobile TeleSystems PJSC, ADR Wireless Telecommunication Services 1,086 10,111
NLMK PJSC Metals & Mining 3,216 8,142
b Novatek PJSC, GDR, Reg S Oil, Gas & Consumable Fuels 153 32,436
b Novatek PJSC, GDR, Reg S Oil, Gas & Consumable Fuels 27 5,724
Polymetal International PLC Metals & Mining 321 4,072
Polyus Gold OJSC Metals & Mining 54 4,989
Rosneft PJSC Oil, Gas & Consumable Fuels 2,310 15,180
Severstal PJSC Metals & Mining 612 10,359
Surgutneftegas PJSC Oil, Gas & Consumable Fuels 14,640 6,114
Tatneft PAO Oil, Gas & Consumable Fuels 3,927 48,245
b X5 Retail Group NV, GDR, Reg S Food & Staples Retailing 99 3,418
      390,238
Saudi Arabia 0.2%      
Al-Rajhi Bank Banks 567 10,523
Jarir Marketing Co. Specialty Retail 69 3,040
National Commercial Bank Banks 495 7,312
Riyad Bank Banks 552 3,945
Saudi Arabian Fertilizer Co. Chemicals 114 2,578
Saudi Telecom Co. Diversified Telecommunication Services 213 5,918
Yanbu National Petrochemical Co. Chemicals 177 2,973
      36,289
Singapore 0.5%      
  Equity Real Estate Investment Trusts    
CapitaLand Mall Trust (REITs) 4,500 8,748
ComfortDelGro Corp. Ltd. Road & Rail 4,500 8,847
SATS Ltd. Transportation Infrastructure 1,500 5,787
Singapore Exchange Ltd. Capital Markets 1,800 10,537
Singapore Technologies Engineering Ltd. Aerospace & Defense 3,000 9,180
Singapore Telecommunications Ltd. Diversified Telecommunication Services 14,700 38,028
Singapore Telecommunications Ltd. Diversified Telecommunication Services 1,200 3,104
  Electronic Equipment, Instruments &    
Venture Corp. Ltd. Components 300 3,612
Yangzijiang Shipbuilding Holdings Ltd. Machinery 4,200 4,750
      92,593
South Africa 0.3%      
Capitec Bank Holdings Ltd. Banks 48 4,421
Clicks Group Ltd. Food & Staples Retailing 417 6,071
Exxaro Resources Ltd. Oil, Gas & Consumable Fuels 552 6,733
Kumba Iron Ore Ltd. Metals & Mining 141 4,993
Mr. Price Group Ltd. Specialty Retail 591 8,320
RMB Holdings Ltd. Diversified Financial Services 858 5,135
Telkom SA SOC Ltd. Diversified Telecommunication Services 534 3,491
Tiger Brands Ltd. Food Products 336 5,330
Truworths International Ltd. Specialty Retail 978 4,855
Vodacom Group Ltd. Wireless Telecommunication Services 1,173 9,955
      59,304
South Korea 2.5%      
BGF Retail Co. Ltd. Food & Staples Retailing 9 1,645
BNK Financial Group Inc. Banks 360 2,335
Daelim Industrial Co. Ltd. Construction & Engineering 30 2,988
DB Insurance Co. Ltd. Insurance 78 4,006

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Hana Financial Group Inc. Banks 588 19,046
Hankook Tire & Technology Co. Ltd. Auto Components 99 3,009
Hanwha Life Insurance Co. Ltd. Insurance 810 2,297
Hyundai Marine & Fire Insurance Co. Ltd. Insurance 141 3,474
Industrial Bank of Korea Banks 630 7,666
Kangwon Land Inc. Hotels, Restaurants & Leisure 255 6,681
KB Financial Group Inc. Banks 708 28,114
Kia Motors Corp. Automobiles 246 9,374
Korea Zinc Co. Ltd. Metals & Mining 15 6,184
KT&G Corp. Tobacco 267 22,777
Kumho Petrochemical Co. Ltd. Chemicals 30 2,531
LG Corp. Industrial Conglomerates 159 10,589
LG Uplus Corp. Diversified Telecommunication Services 153 1,921
Lotte Chemical Corp. Chemicals 36 7,873
NCsoft Corp. Entertainment 21 8,675
b Orange Life Insurance Ltd., Reg S Insurance 60 1,645
S-1 Corp. Commercial Services & Supplies 39 3,297
  Technology Hardware, Storage &    
Samsung Electronics Co. Ltd. Peripherals 4,488 182,684
Samsung Fire & Marine Insurance Co. Ltd. Insurance 42 9,748
Shinhan Financial Group Co. Ltd. Banks 381 14,816
  Semiconductors & Semiconductor    
SK Hynix Inc. Equipment 1,491 89,745
SK Telecom Co. Ltd. Wireless Telecommunication Services 45 10,094
Woongjin Coway Co. Ltd. Household Durables 111 7,441
      470,655
Spain 1.1%      
Aena SME SA Transportation Infrastructure 51 10,123
Banco de Sabadell SA Banks 7,335 7,610
Enagas SA Oil, Gas & Consumable Fuels 366 9,782
Endesa SA Electric Utilities 684 17,612
Iberdrola SA Electric Utilities 4,812 48,037
Industria de Diseno Textil SA Specialty Retail 2,112 63,616
Red Electrica Corp. SA Electric Utilities 567 11,826
Repsol SA Oil, Gas & Consumable Fuels 2,022 31,742
a Repsol SA, rts., 7/4/19 Oil, Gas & Consumable Fuels 2,022 1,123
      201,471
Sweden 0.3%      
Boliden AB Metals & Mining 450 11,517
Hennes & Mauritz AB, B Specialty Retail 1,785 31,813
Telia Co. AB Diversified Telecommunication Services 3,915 17,401
      60,731
Switzerland 2.6%      
EMS-Chemie Holding AG Chemicals 15 9,746
Geberit AG Building Products 27 12,628
Nestle SA Food Products 1,845 191,236
Partners Group Holding AG Capital Markets 42 33,040
Roche Holding AG Pharmaceuticals 690 194,368
Swiss Life Holding AG Insurance 57 28,284
Swisscom AG Diversified Telecommunication Services 42 21,112
      490,414
Taiwan 2.2%      
  Technology Hardware, Storage &    
Advantech Co. Ltd. Peripherals 1,000 8,500
  Technology Hardware, Storage &    
Catcher Technology Co. Ltd. Peripherals 1,000 7,164
  Technology Hardware, Storage &    
Chicony Electronics Co. Ltd. Peripherals 2,015 4,956
China Development Financial Holding Corp. Banks 12,000 3,659
China Life Insurance Co. Ltd. Insurance 3,717 2,974
Chunghwa Telecom Co. Ltd. Diversified Telecommunication Services 6,000 21,829
Far EasTone Telecommunications Co. Ltd. Wireless Telecommunication Services 3,000 7,563

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Feng Tay Enterprise Co. Ltd. Textiles, Apparel & Luxury Goods 750 5,844
Formosa Chemicals & Fibre Corp. Chemicals 6,000 19,897
Formosa Petrochemical Corp. Oil, Gas & Consumable Fuels 3,000 10,673
Formosa Plastics Corp. Chemicals 7,000 25,805
  Electronic Equipment, Instruments &    
Largan Precision Co. Ltd. Components 200 24,823
  Technology Hardware, Storage &    
Lite-On Technology Corp. Peripherals 4,000 5,860
Nan Ya Plastics Corp. Chemicals 9,000 22,776
  Semiconductors & Semiconductor    
Nanya Technology Corp. Equipment 3,000 6,230
  Semiconductors & Semiconductor    
Novatek Microelectronics Corp. Ltd. Equipment 1,000 5,570
  Semiconductors & Semiconductor    
Powertech Technology Inc. Equipment 2,000 4,894
President Chain Store Corp. Food & Staples Retailing 1,500 14,512
Taiwan Business Bank Banks 6,000 2,637
Taiwan Mobile Co. Ltd. Wireless Telecommunication Services 3,000 11,832
  Semiconductors & Semiconductor    
Taiwan Semiconductor Manufacturing Co. Ltd. Equipment 23,000 176,983
  Semiconductors & Semiconductor    
Vanguard International Semiconductor Corp. Equipment 2,000 4,198
  Electronic Equipment, Instruments &    
WPG Holdings Ltd. Components 3,000 3,897
  Electronic Equipment, Instruments &    
Yageo Corp. Components 600 5,100
Yuanta Financial Holding Co. Ltd. Capital Markets 6,000 3,603
      411,779
Thailand 0.6%      
Advanced Info Service PCL Wireless Telecommunication Services 2,100 14,928
Airports of Thailand Public Co. Ltd., NVDR Transportation Infrastructure 6,900 16,537
Bumrungrad Hospital PCL Health Care Providers & Services 900 4,959
Home Product Center PCL, NVDR Specialty Retail 12,300 7,019
Intouch Holdings PCL Wireless Telecommunication Services 3,000 6,138
Land and Houses PCL, NVDR Real Estate Management & Development 2,700 977
PTT Exploration and Production PCL, NVDR Oil, Gas & Consumable Fuels 1,800 7,924
PTT Global Chemical PCL, NVDR Chemicals 4,200 8,765
PTT PCL Oil, Gas & Consumable Fuels 19,200 30,521
The Siam Cement PCL Construction Materials 900 13,852
      111,620
Turkey 0.2%      
BIM Birlesik Magazalar AS Food & Staples Retailing 516 7,106
Eregli Demir ve Celik Fabrikalari AS Metals & Mining 3,552 4,833
Ford Otomotiv Sanayi AS Automobiles 255 2,755
TAV Havalimanlari Holding AS Transportation Infrastructure 423 1,975
Tupras-Turkiye Petrol Rafinerileri AS Oil, Gas & Consumable Fuels 330 6,561
Turkcell Iletisim Hizmetleri AS Wireless Telecommunication Services 1,935 4,282
a Turkiye Garanti Bankasi AS Banks 2,196 3,455
a Turkiye Is Bankasi AS, C Banks 2,433 2,545
Turkiye Sise Ve Cam Fabrikalari AS Industrial Conglomerates 1,182 1,061
      34,573
United Arab Emirates 0.3%      
Abu Dhabi Commercial Bank PJSC Banks 3,690 8,338
Aldar Properties PJSC Real Estate Management & Development 5,970 3,072
Dubai Islamic Bank PJSC Banks 2,499 3,490
Emaar Development PJSC Real Estate Management & Development 1,050 1,146
Emirates Telecommunications Group Co. PJSC Diversified Telecommunication Services 3,642 16,539
First Abu Dhabi Bank PJSC Banks 4,068 16,457
      49,042
United Kingdom 7.3%      
Admiral Group PLC Insurance 495 13,910
a Amcor PLC Containers & Packaging 2,577 29,610

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Anglo American PLC Metals & Mining 1,671 47,733
Auto Trader Group PLC Interactive Media & Services 1,248 8,701
Barratt Developments PLC Household Durables 2,427 17,687
BHP Group PLC Metals & Mining 2,970 76,165
  Equity Real Estate Investment Trusts    
British Land Co. PLC (REITs) 1,254 8,593
BT Group PLC Diversified Telecommunication Services 17,952 44,886
Burberry Group PLC Textiles, Apparel & Luxury Goods 897 21,257
Centrica PLC Multi-Utilities 4,272 4,773
Compass Group PLC Hotels, Restaurants & Leisure 2,751 66,068
Direct Line Insurance Group PLC Insurance 2,529 10,679
easyJet PLC Airlines 99 1,201
GlaxoSmithKline PLC Pharmaceuticals 9,099 182,575
Hargreaves Lansdown PLC Capital Markets 630 15,386
Imperial Brands PLC Tobacco 2,043 48,019
Intertek Group PLC Professional Services 258 18,066
ITV PLC Media 8,082 11,109
Kingfisher PLC Specialty Retail 3,435 9,395
  Equity Real Estate Investment Trusts    
Land Securities Group PLC (REITs) 720 7,635
Marks & Spencer Group PLC Multiline Retail 3,248 8,710
Mondi Ltd. Paper & Forest Products 144 3,237
Mondi PLC Paper & Forest Products 624 14,215
Next PLC Multiline Retail 351 24,686
Persimmon PLC Household Durables 873 22,188
RELX PLC Professional Services 3,768 91,571
Royal Dutch Shell PLC, A Oil, Gas & Consumable Fuels 3,114 101,953
Royal Dutch Shell PLC, B Oil, Gas & Consumable Fuels 2,526 82,975
SSE PLC Electric Utilities 1,818 25,960
Taylor Wimpey PLC Household Durables 8,184 16,431
The Berkeley Group Holdings PLC Household Durables 243 11,539
Unilever NV, IDR Personal Products 2,706 165,050
Unilever PLC Personal Products 2,049 127,637
Whitbread PLC Hotels, Restaurants & Leisure 303 17,851
      1,357,451
United States 51.9%      
AbbVie Inc. Biotechnology 1,227 89,227
Accenture PLC, A IT Services 1,023 189,020
  Mortgage Real Estate Investment Trusts    
AGNC Investment Corp. (REITs) 1,032 17,358
Air Products and Chemicals Inc. Chemicals 177 40,067
Altria Group Inc. Tobacco 3,468 164,210
American Electric Power Co. Inc. Electric Utilities 834 73,400
  Equity Real Estate Investment Trusts    
American Tower Corp. (REITs) 384 78,509
Amgen Inc. Biotechnology 1,053 194,047
  Mortgage Real Estate Investment Trusts    
Annaly Capital Management Inc. (REITs) 2,640 24,103
  Technology Hardware, Storage &    
Apple Inc. Peripherals 960 190,003
  Semiconductors & Semiconductor    
Applied Materials Inc. Equipment 1,794 80,569
AT&T Inc. Diversified Telecommunication Services 5,739 192,314
a AutoZone Inc. Specialty Retail 18 19,790
Best Buy Co. Inc. Specialty Retail 486 33,889
a Biogen Inc. Biotechnology 387 90,508
BorgWarner Inc. Auto Components 138 5,793
Bristol-Myers Squibb Co. Pharmaceuticals 2,640 119,724
  Semiconductors & Semiconductor    
Broadcom Inc. Equipment 348 100,175
Broadridge Financial Solutions Inc. IT Services 222 28,345
a Burlington Stores Inc. Specialty Retail 90 15,313
C.H. Robinson Worldwide Inc. Air Freight & Logistics 225 18,979

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Cabot Oil & Gas Corp., A Oil, Gas & Consumable Fuels 348 7,990
a Cadence Design Systems Inc. Software 294 20,818
Campbell Soup Co. Food Products 309 12,382
a Capri Holdings Ltd. Textiles, Apparel & Luxury Goods 327 11,340
Carnival Corp. Hotels, Restaurants & Leisure 696 32,399
CBS Corp., B Media 270 13,473
Celanese Corp., A Chemicals 105 11,319
Church & Dwight Co. Inc. Household Products 216 15,781
Cimarex Energy Co. Oil, Gas & Consumable Fuels 72 4,272
Cisco Systems Inc. Communications Equipment 3,285 179,788
Citrix Systems Inc. Software 98 9,618
Clorox Co. Household Products 297 45,474
Cognizant Technology Solutions Corp., A IT Services 882 55,910
a Copart Inc. Commercial Services & Supplies 312 23,319
Cummins Inc. Machinery 273 46,776
D.R. Horton Inc. Household Durables 273 11,774
Darden Restaurants Inc. Hotels, Restaurants & Leisure 249 30,311
Delta Air Lines Inc. Airlines 303 17,195
Dollar General Corp. Multiline Retail 480 64,877
Dominion Energy Inc. Multi-Utilities 636 49,176
a Dow Inc. Chemicals 624 30,769
Eli Lilly & Co. Pharmaceuticals 1,536 170,173
  Equity Real Estate Investment Trusts    
Equity Lifestyle Properties Inc. (REITs) 57 6,916
Erie Indemnity Co., A Insurance 24 6,103
Estee Lauder Cos. Inc., A Personal Products 396 72,512
Expeditors International of Washington Inc. Air Freight & Logistics 312 23,668
  Equity Real Estate Investment Trusts    
Extra Space Storage Inc. (REITs) 180 19,098
a F5 Networks Inc. Communications Equipment 150 21,844
a Facebook Inc., A Interactive Media & Services 972 187,596
FactSet Research Systems Inc. Capital Markets 30 8,597
Fastenal Co. Trading Companies & Distributors 1,083 35,295
Ford Motor Co. Automobiles 5,652 57,820
a Fox Corp., A Media 285 10,442
a Fox Corp., B Media 150 5,480
Garmin Ltd. Household Durables 264 21,067
General Mills Inc. Food Products 1,023 53,728
General Motors Co. Automobiles 2,454 94,553
Gilead Sciences Inc. Biotechnology 2,487 168,022
H&R Block Inc. Diversified Consumer Services 459 13,449
Hanesbrands Inc. Textiles, Apparel & Luxury Goods 513 8,834
  Equity Real Estate Investment Trusts    
HCP Inc. (REITs) 444 14,199
HollyFrontier Corp. Oil, Gas & Consumable Fuels 258 11,940
Hormel Foods Corp. Food Products 591 23,959
Illinois Tool Works Inc. Machinery 273 41,171
Ingredion Inc. Food Products 126 10,394
  Semiconductors & Semiconductor    
Intel Corp. Equipment 4,002 191,576
International Business Machines Corp. IT Services 1,347 185,751
Intuit Inc. Software 549 143,470
J.B. Hunt Transport Services Inc. Road & Rail 135 12,340
Jack Henry & Associates Inc. IT Services 156 20,892
Johnson & Johnson Pharmaceuticals 1,302 181,343
Kellogg Co. Food Products 357 19,124
Kimberly-Clark Corp. Household Products 642 85,566
  Equity Real Estate Investment Trusts    
Kimco Realty Corp. (REITs) 462 8,538
  Semiconductors & Semiconductor    
KLA-Tencor Corp. Equipment 342 40,424
Kohl's Corp. Multiline Retail 333 15,834
L Brands Inc. Specialty Retail 315 8,221

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
  Semiconductors & Semiconductor    
Lam Research Corp. Equipment 219 41,137
Las Vegas Sands Corp. Hotels, Restaurants & Leisure 666 39,354
Lear Corp. Auto Components 126 17,548
Leggett & Platt Inc. Household Durables 219 8,403
Lockheed Martin Corp. Aerospace & Defense 471 171,227
Lowe's Cos. Inc. Specialty Retail 1,395 140,769
a Lululemon Athletica Inc. Textiles, Apparel & Luxury Goods 192 34,600
LyondellBasell Industries NV, A Chemicals 777 66,923
Macy's Inc. Multiline Retail 591 12,683
MarketAxess Holdings Inc. Capital Markets 36 11,571
Mastercard Inc., A IT Services 717 189,668
  Semiconductors & Semiconductor    
Maxim Integrated Products Inc. Equipment 534 31,944
Merck & Co. Inc. Pharmaceuticals 2,025 169,796
a Mettler-Toledo International Inc. Life Sciences Tools & Services 18 15,120
  Semiconductors & Semiconductor    
a Micron Technology Inc. Equipment 2,037 78,608
Microsoft Corp. Software 1,416 189,687
a Monster Beverage Corp. Beverages 330 21,064
Moody's Corp. Capital Markets 147 28,711
MSCI Inc. Capital Markets 159 37,968
  Equity Real Estate Investment Trusts    
National Retail Properties Inc. (REITs) 198 10,496
  Technology Hardware, Storage &    
NetApp Inc. Peripherals 225 13,882
NIKE Inc., B Textiles, Apparel & Luxury Goods 2,085 175,036
Nordstrom Inc. Multiline Retail 204 6,499
Nucor Corp. Metals & Mining 249 13,720
a NVR Inc. Household Durables 7 23,592
a O'Reilly Automotive Inc. Specialty Retail 162 59,830
Occidental Petroleum Corp. Oil, Gas & Consumable Fuels 591 29,715
OGE Energy Corp. Electric Utilities 135 5,746
Old Dominion Freight Line Inc. Road & Rail 96 14,329
Omnicom Group Inc. Media 384 31,469
PACCAR Inc. Machinery 288 20,638
Packaging Corp. of America Containers & Packaging 63 6,005
Paychex Inc. IT Services 615 50,608
PepsiCo Inc. Beverages 1,410 184,893
Pfizer Inc. Pharmaceuticals 4,359 188,832
Philip Morris International Inc. Tobacco 2,112 165,855
Phillips 66 Oil, Gas & Consumable Fuels 402 37,603
PPL Corp. Electric Utilities 591 18,327
Public Service Enterprise Group Inc. Multi-Utilities 834 49,056
  Equity Real Estate Investment Trusts    
Public Storage (REITs) 369 87,885
PulteGroup Inc. Household Durables 375 11,857
Ralph Lauren Corp. Textiles, Apparel & Luxury Goods 84 9,542
a Regeneron Pharmaceuticals Inc. Biotechnology 66 20,658
Robert Half International Inc. Professional Services 234 13,340
Rockwell Automation Inc. Electrical Equipment 93 15,236
Rollins Inc. Commercial Services & Supplies 249 8,932
Ross Stores Inc. Specialty Retail 861 85,342
S&P Global Inc. Capital Markets 417 94,988
  Technology Hardware, Storage &    
Seagate Technology PLC Peripherals 678 31,947
  Equity Real Estate Investment Trusts    
Simon Property Group Inc. (REITs) 714 114,069
  Semiconductors & Semiconductor    
Skyworks Solutions Inc. Equipment 402 31,063
Snap-on Inc. Machinery 69 11,429
Southwest Airlines Co. Airlines 234 11,883
Starbucks Corp. Hotels, Restaurants & Leisure 2,283 191,384
Steel Dynamics Inc. Metals & Mining 159 4,802

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Sysco Corp. Food & Staples Retailing 843 59,617
Tapestry Inc. Textiles, Apparel & Luxury Goods 528 16,753
Target Corp. Multiline Retail 969 83,925
  Electronic Equipment, Instruments &    
TE Connectivity Ltd. Components 300 28,734
  Semiconductors & Semiconductor    
Texas Instruments Inc. Equipment 1,674 192,108
The Chemours Co. LLC Chemicals 210 5,040
The Gap Inc. Specialty Retail 498 8,949
The Hershey Co. Food Products 336 45,034
The Home Depot Inc. Specialty Retail 942 195,908
The Kroger Co. Food & Staples Retailing 1,374 29,830
The Procter & Gamble Co. Household Products 1,707 187,173
The TJX Cos. Inc. Specialty Retail 2,784 147,218
The Walt Disney Co. Media 1,341 187,257
Tractor Supply Co. Specialty Retail 237 25,786
Tyson Foods Inc. Food Products 522 42,146
a Ulta Beauty Inc. Specialty Retail 111 38,505
Union Pacific Corp. Road & Rail 1,050 177,565
United Parcel Service Inc., B Air Freight & Logistics 654 67,539
Valero Energy Corp. Oil, Gas & Consumable Fuels 732 62,667
  Equity Real Estate Investment Trusts    
Ventas Inc. (REITs) 420 28,707
Verizon Communications Inc. Diversified Telecommunication Services 3,132 178,931
VF Corp. Textiles, Apparel & Luxury Goods 573 50,052
Viacom Inc., B Media 561 16,757
VMware Inc., A Software 75 12,541
W.W. Grainger Inc. Trading Companies & Distributors 81 21,727
Walgreens Boots Alliance Inc. Food & Staples Retailing 1,059 57,896
Waste Management Inc. Commercial Services & Supplies 330 38,072
WEC Energy Group Inc. Multi-Utilities 510 42,519
  Semiconductors & Semiconductor    
Xilinx Inc. Equipment 201 23,702
      9,689,970
Total Common Stocks and Other Equity Interests (Cost $16,869,047)   18,189,007
Management Investment Companies (Cost $186,026) 1.1%    
India 1.1%      
iShares MSCI India ETF Diversified Financial Services 5,902 208,341
 
Preferred Stocks 0.8%      
Brazil 0.4%      
c Itau Unibanco Holding SA, 3.969%, pfd. Banks 3,900 36,897
c Itausa - Investimentos Itau SA, 3.173%, pfd. Banks 9,600 32,287
c Telefonica Brasil SA, 10.146%, pfd. Diversified Telecommunication Services 900 11,720
      80,904
Germany 0.1%      
c Bayerische Motoren Werke AG, 6.447%, pfd. Automobiles 108 6,715
c Porsche Automobil Holding SE, 3.868%, pfd. Automobiles 240 15,617
      22,332
Russia 0.1%      
c Surgutneftegas PJSC, 3.239%, pfd. Oil, Gas & Consumable Fuels 18,615 12,575
c Transneft PJSC, 4.580%, pfd. Oil, Gas & Consumable Fuels 1 2,623
      15,198
South Korea 0.2%      
c LG Chem Ltd., 3.095%, pfd. Chemicals 9 1,524
c LG Household & Health Care Ltd., 1.154%, pfd. Personal Products 3 2,094

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
  Technology Hardware, Storage &      
c Samsung Electronics Co. Ltd., 3.705%, pfd. Peripherals 825   27,330
        30,948
Total Preferred Stocks (Cost $124,730)       149,382
Total Investments (Cost $17,179,803) 99.3%       18,546,730
Other Assets, less Liabilities 0.7%       134,504
Net Assets 100.0%     $ 18,681,234

 

†Rounds to less than 0.1% of net assets.
aNon-income producing.
bSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. These securities have been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June
30, 2019, the aggregate value of these securities was $66,969, representing 0.4% of net assets.
cVariable rate security. The rate shown represents the yield at period end.

At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.

Futures Contracts              
 
 
                Value/Unrealized
      Number of   Notional Expiration   Appreciation
Description Type Contracts   Amount* Date   (Depreciation)
Equity Contracts              
MSCI All Country World Index Long 3 $ 78,045 9/20/19 $ 131
*As of period end.              
 
Abbreviations              
 
Selected Portfolio              
 
ADR - American Depositary Receipt              
ETF - Exchange Traded Fund              
GDR - Global Depositary Receipt              
IDR - International Depositary Receipt              
NVDR - Non-Voting Depositary Receipt              
REIT - Real Estate Investment Trust              

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin LibertyQ International Equity Hedged ETF Industry Shares   Value
Common Stocks and Other Equity Interests 99.1%        
Australia 22.9%        
AGL Energy Ltd. Multi-Utilities 1,662 $ 23,338
Alumina Ltd. Metals & Mining 6,753   11,042
Aristocrat Leisure Ltd. Hotels, Restaurants & Leisure 1,275   27,486
Aurizon Holdings Ltd. Road & Rail 4,593   17,405
Australia & New Zealand Banking Group Ltd. Banks 2,808   55,588
Australian Stock Exchange Ltd. Capital Markets 393   22,717
Bank of Queensland Ltd. Banks 618   4,133
Bendigo and Adelaide Bank Ltd. Banks 891   7,241
BHP Group Ltd. Metals & Mining 5,649   163,166
Bluescope Steel Ltd. Metals & Mining 1,173   9,919
Brambles Ltd. Commercial Services & Supplies 4,020   36,335
Cimic Group Ltd. Construction & Engineering 216   6,786
Coca-Cola Amatil Ltd. Beverages 1,200   8,606
Cochlear Ltd. Health Care Equipment & Supplies 156   22,643
Commonwealth Bank of Australia Banks 2,892   167,999
Computershare Ltd. IT Services 912   10,374
Crown Resorts Ltd. Hotels, Restaurants & Leisure 870   7,601
CSL Ltd. Biotechnology 1,047   157,967
  Equity Real Estate Investment Trusts      
Dexus (REITs) 2,664   24,266
Domino's Pizza Enterprises Ltd. Hotels, Restaurants & Leisure 108   2,853
Flight Centre Travel Group Ltd. Hotels, Restaurants & Leisure 132   3,849
Fortescue Metals Group Ltd. Metals & Mining 3,942   24,952
  Equity Real Estate Investment Trusts      
Goodman Group (REITs) 2,802   29,554
  Equity Real Estate Investment Trusts      
GPT Group (REITs) 4,476   19,317
Harvey Norman Holdings Ltd. Multiline Retail 1,599   4,567
Macquarie Group Ltd. Capital Markets 471   41,444
Medibank Private Ltd. Insurance 7,590   18,589
  Equity Real Estate Investment Trusts      
Mirvac Group (REITs) 8,328   18,292
National Australia Bank Ltd. Banks 5,637   105,698
REA Group Ltd. Interactive Media & Services 117   7,885
Rio Tinto Ltd. Metals & Mining 1,044   76,017
Rio Tinto PLC Metals & Mining 2,490   154,664
  Equity Real Estate Investment Trusts      
Scentre Group (REITs) 9,606   25,886
Sonic Healthcare Ltd. Health Care Providers & Services 873   16,602
South32 Ltd. Metals & Mining 11,232   25,065
Telstra Corp. Ltd. Diversified Telecommunication Services 11,862   32,048
  Equity Real Estate Investment Trusts      
Vicinity Centres (REITs) 6,987   12,013
Washington H. Soul Pattinson & Co. Ltd. Oil, Gas & Consumable Fuels 198   3,055
Wesfarmers Ltd. Multiline Retail 2,859   72,548
Westpac Banking Corp. Banks 7,377   146,814
Woodside Petroleum Ltd. Oil, Gas & Consumable Fuels 1,551   39,575
Woolworths Group Ltd. Food & Staples Retailing 3,036   70,797
        1,736,696
Austria 0.2%        
OMV AG Oil, Gas & Consumable Fuels 291   14,200
 
Belgium 0.3%        
Colruyt SA Food & Staples Retailing 144   8,363
Proximus SADP Diversified Telecommunication Services 390   11,512
        19,875
Denmark 3.1%        
Coloplast AS, B Health Care Equipment & Supplies 336   38,029

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Novo Nordisk AS, B Pharmaceuticals 3,126 159,543
Novozymes AS Chemicals 384 17,935
Pandora AS Textiles, Apparel & Luxury Goods 360 12,826
Tryg AS Insurance 264 8,596
      236,929
Finland 1.3%      
Elisa OYJ Diversified Telecommunication Services 345 16,859
Kone OYJ, B Machinery 651 38,476
a Nokian Renkaat OYJ Auto Components 291 9,100
Orion OYJ Pharmaceuticals 246 9,029
UPM-Kymmene OYJ Paper & Forest Products 894 23,793
      97,257
France 4.4%      
Cie Generale des Etablissements Michelin SCA Auto Components 360 45,732
  Equity Real Estate Investment Trusts    
Covivio (REITs) 81 8,491
Eutelsat Communications SA Media 255 4,774
Hermes International Textiles, Apparel & Luxury Goods 72 52,000
Peugeot SA Automobiles 1,365 33,685
Renault SA Automobiles 288 18,134
Sanofi Pharmaceuticals 1,530 132,263
Societe BIC SA Commercial Services & Supplies 63 4,810
Societe Generale SA Banks 1,215 30,745
      330,634
Germany 1.7%      
Aroundtown SA Real Estate Management & Development 1,434 11,833
Continental AG Auto Components 213 31,102
Covestro AG Chemicals 489 24,898
Deutsche Lufthansa AG Airlines 540 9,267
E.ON SE Multi-Utilities 2,316 25,190
Hugo Boss AG Textiles, Apparel & Luxury Goods 150 9,993
Knorr-Bremse AG Machinery 51 5,692
TUI AG Hotels, Restaurants & Leisure 918 9,024
      126,999
Hong Kong 4.3%      
AIA Group Ltd. Insurance 15,000 161,760
CK Infrastructure Holdings Ltd. Electric Utilities 1,500 12,230
CLP Holdings Ltd. Electric Utilities 3,500 38,617
HKT Trust and HKT Ltd. Diversified Telecommunication Services 9,000 14,285
Hongkong Land Holdings Ltd. Real Estate Management & Development 2,400 15,456
Jardine Matheson Holdings Ltd. Industrial Conglomerates 400 25,208
Kerry Properties Ltd. Real Estate Management & Development 1,500 6,298
NWS Holdings Ltd. Industrial Conglomerates 4,000 8,223
Power Assets Holdings Ltd. Electric Utilities 1,500 10,790
Swire Properties Ltd. Real Estate Management & Development 2,400 9,692
Vitasoy International Holdings Ltd. Food Products 900 4,326
b WH Group Ltd., Reg S Food Products 18,000 18,248
Yue Yuen Industrial Holdings Ltd. Textiles, Apparel & Luxury Goods 1,500 4,109
      329,242
Ireland 0.0%†      
AIB Group PLC Banks 726 2,973
 
Israel 0.7%      
Bank Leumi Le-Israel BM Banks 2,763 19,956
a Check Point Software Technologies Ltd. Software 270 31,215
Israel Chemicals Ltd. Chemicals 981 5,141
      56,312
Italy 2.1%      
Enel SpA Electric Utilities 8,355 58,420
Intesa Sanpaolo SpA Banks 28,188 60,413
Moncler SpA Textiles, Apparel & Luxury Goods 366 15,672

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
b Poste Italiane SpA, Reg S Insurance 1,179 12,433
Recordati SpA Pharmaceuticals 123 5,135
Snam SpA Oil, Gas & Consumable Fuels 2,028 10,095
      162,168
Japan 20.7%      
ABC-Mart Inc. Specialty Retail 60 3,909
  Semiconductors & Semiconductor    
Advantest Corp. Equipment 200 5,504
Aisin Seiki Co. Ltd. Auto Components 300 10,330
Asahi Kasei Corp. Chemicals 2,400 25,584
Astellas Pharma Inc. Pharmaceuticals 4,500 64,113
Bandai Namco Holdings Inc. Leisure Products 400 19,417
Bridgestone Corp. Auto Components 1,300 51,184
  Technology Hardware, Storage &    
CANON Inc. Peripherals 2,000 58,400
Daicel Corp. Chemicals 600 5,335
Daito Trust Construction Co. Ltd. Real Estate Management & Development 180 22,947
Daiwa House Industry Co. Ltd. Real Estate Management & Development 900 26,238
Hoya Corp. Health Care Equipment & Supplies 900 68,949
Iida Group Holdings Co. Ltd. Household Durables 300 4,845
Isuzu Motors Ltd. Automobiles 1,100 12,527
ITOCHU Corp. Trading Companies & Distributors 3,000 57,374
Japan Airlines Co. Ltd. Airlines 300 9,587
Japan Post Bank Co. Ltd. Banks 900 9,139
Japan Tobacco Inc. Tobacco 2,500 55,214
JFE Holdings Inc. Metals & Mining 800 11,751
JXTG Holdings Inc. Oil, Gas & Consumable Fuels 5,700 28,273
Kajima Corp. Construction & Engineering 873 11,976
Kakaku.com Inc. Interactive Media & Services 400 7,722
KAO Corp. Personal Products 1,007 76,735
KDDI Corp. Wireless Telecommunication Services 4,600 117,135
Koito Manufacturing Co. Ltd. Auto Components 200 10,674
Marubeni Corp. Trading Companies & Distributors 2,700 17,868
Mitsubishi Chemical Holdings Corp. Chemicals 2,700 18,860
Mitsubishi Gas Chemical Co. Inc. Chemicals 300 3,999
Mizuho Financial Group Inc. Banks 34,200 49,551
MS&AD Insurance Group Holdings Inc. Insurance 900 28,569
a Nexon Co. Ltd. Entertainment 600 8,699
Nippon Telegraph & Telephone Corp. Diversified Telecommunication Services 1,600 74,505
Nissan Motor Co. Ltd. Automobiles 5,100 36,525
NTT DOCOMO Inc. Wireless Telecommunication Services 3,700 86,284
Obayashi Corp. Construction & Engineering 1,200 11,817
Oracle Corp. Japan Software 100 7,305
ORIX Corp. Diversified Financial Services 1,800 26,865
Pigeon Corp. Household Products 200 8,047
Sekisui House Ltd. Household Durables 1,200 19,775
Shionogi & Co. Ltd. Pharmaceuticals 600 34,578
Showa Denko K.K. Chemicals 100 2,942
Softbank Corp. Wireless Telecommunication Services 1,600 20,783
Subaru Corp. Automobiles 1,500 36,463
  Semiconductors & Semiconductor    
Sumco Corp. Equipment 300 3,570
Sumitomo Chemical Co. Ltd. Chemicals 2,100 9,746
Suzuki Motor Corp. Automobiles 700 32,901
Taisei Corp. Construction & Engineering 400 14,535
Teijin Ltd. Chemicals 300 5,115
  Semiconductors & Semiconductor    
Tokyo Electron Ltd. Equipment 330 46,311
Tosoh Corp. Chemicals 600 8,437
Toyota Motor Corp. Automobiles 2,479 153,885
USS Co. Ltd. Specialty Retail 400 7,882
Yamaha Motor Co. Ltd. Automobiles 500 8,887

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Zozo Inc. Internet & Direct Marketing Retail 500 9,370
      1,568,936
Luxembourg 0.1%      
RTL Group SA Media 93 4,770
 
Macau 0.8%      
Galaxy Entertainment Group Ltd. Hotels, Restaurants & Leisure 4,000 26,957
Sands China Ltd. Hotels, Restaurants & Leisure 6,400 30,597
Wynn Macau Ltd. Hotels, Restaurants & Leisure 2,400 5,376
      62,930
Netherlands 0.7%      
Aegon NV Insurance 140 698
Koninklijke Ahold Delhaize NV Food & Staples Retailing 2,406 54,191
      54,889
New Zealand 0.4%      
Fisher & Paykel Healthcare Corp. Ltd. Health Care Equipment & Supplies 1,329 13,800
Spark New Zealand Ltd. Diversified Telecommunication Services 5,709 15,338
      29,138
Norway 0.9%      
a Mowi ASA Food Products 1,044 24,422
Orkla ASA Food Products 1,089 9,666
Telenor ASA Diversified Telecommunication Services 1,677 35,621
      69,709
Portugal 0.1%      
Jeronimo Martins SGPS SA Food & Staples Retailing 528 8,517
 
Russia 0.1%      
Evraz PLC Metals & Mining 858 7,264
Singapore 1.5%      
  Equity Real Estate Investment Trusts    
CapitaLand Mall Trust (REITs) 5,100 9,914
ComfortDelGro Corp. Ltd. Road & Rail 5,100 10,027
Jardine Cycle & Carriage Ltd. Distributors 200 5,356
SATS Ltd. Transportation Infrastructure 1,500 5,787
Singapore Exchange Ltd. Capital Markets 2,400 14,049
Singapore Technologies Engineering Ltd. Aerospace & Defense 3,300 10,098
Singapore Telecommunications Ltd. Diversified Telecommunication Services 18,000 46,565
Singapore Telecommunications Ltd. Diversified Telecommunication Services 600 1,552
  Electronic Equipment, Instruments &    
Venture Corp. Ltd. Components 600 7,224
Yangzijiang Shipbuilding Holdings Ltd. Machinery 5,700 6,446
      117,018
Spain 3.1%      
Banco de Sabadell SA Banks 10,743 11,146
Enagas SA Oil, Gas & Consumable Fuels 411 10,985
Endesa SA Electric Utilities 750 19,311
Iberdrola SA Electric Utilities 5,727 57,171
Industria de Diseno Textil SA Specialty Retail 2,547 76,719
Red Electrica Corp. SA Electric Utilities 945 19,710
Repsol SA Oil, Gas & Consumable Fuels 2,287 35,902
a Repsol SA, rts., 7/4/19 Oil, Gas & Consumable Fuels 2,319 1,288
      232,232
Sweden 1.7%      
Atlas Copco AB Machinery 768 22,051
Boliden AB Metals & Mining 582 14,895
Hennes & Mauritz AB, B Specialty Retail 2,139 38,122
ICA Gruppen AB Food & Staples Retailing 171 7,357
Swedbank AB, A Banks 1,296 19,479

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Telia Co. AB Diversified Telecommunication Services 5,139 22,842
      124,746
Switzerland 5.4%      
EMS-Chemie Holding AG Chemicals 18 11,695
Geberit AG Building Products 75 35,077
Partners Group Holding AG Capital Markets 48 37,760
Roche Holding AG Pharmaceuticals 558 157,184
Swiss Life Holding AG Insurance 66 32,750
Swisscom AG Diversified Telecommunication Services 57 28,652
Zurich Insurance Group AG Insurance 303 105,631
      408,749
United Kingdom 22.6%      
3i Group PLC Capital Markets 1,872 26,529
Admiral Group PLC Insurance 588 16,523
Anglo American PLC Metals & Mining 2,052 58,617
Auto Trader Group PLC Interactive Media & Services 1,716 11,964
BAE Systems PLC Aerospace & Defense 6,195 39,059
Barratt Developments PLC Household Durables 2,952 21,513
BHP Group PLC Metals & Mining 3,669 94,091
  Equity Real Estate Investment Trusts    
British Land Co. PLC (REITs) 1,797 12,313
BT Group PLC Diversified Telecommunication Services 22,200 55,508
Burberry Group PLC Textiles, Apparel & Luxury Goods 1,035 24,527
Centrica PLC Multi-Utilities 11,193 12,505
Compass Group PLC Hotels, Restaurants & Leisure 3,408 81,846
Diageo PLC Beverages 3,417 147,164
Direct Line Insurance Group PLC Insurance 3,339 14,100
easyJet PLC Airlines 363 4,404
Experian PLC Professional Services 1,821 55,251
GlaxoSmithKline PLC Pharmaceuticals 7,395 148,384
Hargreaves Lansdown PLC Capital Markets 720 17,585
Imperial Brands PLC Tobacco 2,475 58,173
Intertek Group PLC Professional Services 333 23,318
ITV PLC Media 10,395 14,288
Kingfisher PLC Specialty Retail 4,473 12,234
  Equity Real Estate Investment Trusts    
Land Securities Group PLC (REITs) 1,629 17,274
Marks & Spencer Group PLC Multiline Retail 3,780 10,136
Mondi PLC Paper & Forest Products 789 17,974
Next PLC Multiline Retail 423 29,749
Pearson PLC Media 1,272 13,265
Persimmon PLC Household Durables 1,050 26,687
RELX PLC Professional Services 4,575 111,183
Royal Dutch Shell PLC, A Oil, Gas & Consumable Fuels 2,952 96,649
Royal Dutch Shell PLC, B Oil, Gas & Consumable Fuels 1,578 51,835
SSE PLC Electric Utilities 2,274 32,472
Taylor Wimpey PLC Household Durables 9,921 19,918
The Berkeley Group Holdings PLC Household Durables 342 16,240
Unilever NV, IDR Personal Products 2,421 147,667
Unilever PLC Personal Products 2,397 149,315
Whitbread PLC Hotels, Restaurants & Leisure 363 21,385
      1,711,645
Total Common Stocks and Other Equity Interests (Cost $7,162,685)   7,513,828
Preferred Stocks 0.4%      
Germany 0.4%      
c Bayerische Motoren Werke AG, 6.447%, pfd. Automobiles 99 6,155
c Fuchs Petrolub SE, 2.747%, pfd. Chemicals 129 5,080
c Porsche Automobil Holding SE, 3.868%, pfd. Automobiles 291 18,936

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
Total Preferred Stocks (Cost $32,631)   30,171
Total Investments (Cost $7,195,316) 99.5%   7,543,999
Other Assets, less Liabilities 0.5%   41,264
Net Assets 100.0% $ 7,585,263

 

†Rounds to less than 0.1% of net assets.
aNon-income producing.
bSecurity was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the
United States. Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933,
or pursuant to an exemption from registration. These securities have been deemed liquid under guidelines approved by the Fund’s Board of Trustees. At June
30, 2019, the aggregate value of these securities was $30,681, representing 0.4% of net assets.
cVariable rate security. The rate shown represents the yield at period end.

 

                FRANKLIN TEMPLETON ETF TRUST  
          STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)  
 
 
 
At June 30, 2019 the Fund had the following forward exchange contracts outstanding. See Note 3.            
 
Forward Exchange Contracts                    
 
          Contract Settlement   Unrealized   Unrealized  
Currency Counterpartya Type Quantity   Amount Date Appreciation   Depreciation  
OTC Forward Exchange Contracts                    
Australian Dollar BOFA Buy 2,263,100 $ 1,588,083 7/02/19 $ 47 $ —  
Australian Dollar BOFA Sell 2,263,100   1,569,301 7/02/19   —   (18,829 )
Danish Krone BOFA Buy 1,519,600   231,847 7/02/19   11   —  
Danish Krone BOFA Sell 1,519,600   227,356 7/02/19   —   (4,502 )
Euro BOFA Buy 1,075,700   1,224,971 7/02/19   37   —  
Euro BOFA Sell 1,075,700   1,201,537 7/02/19   —   (23,471 )
Great British Pound BOFA Buy 451,306   574,360 7/02/19   17   —  
Great British Pound BOFA Sell 451,306   569,680 7/02/19   —   (4,697 )
Great British Pound HSBK Buy 451,306   574,368 7/02/19   9   —  
Great British Pound HSBK Sell 451,306   569,661 7/02/19   —   (4,717 )
Great British Pound UBSW Buy 451,306   574,366 7/02/19   11   —  
Great British Pound UBSW Sell 451,306   569,650 7/02/19   —   (4,728 )
Israeli Shekel BOFA Buy 87,500   24,532 7/02/19   2   —  
Israeli Shekel BOFA Sell 87,500   24,162 7/02/19   —   (372 )
Japanese Yen BOFA Buy 171,764,600   1,594,204 7/02/19   47   —  
Japanese Yen BOFA Sell 171,764,600   1,585,682 7/02/19   —   (8,569 )
New Zealand Dollar BOFA Buy 42,800   28,746 7/02/19   1   —  
New Zealand Dollar BOFA Sell 42,800   27,915 7/02/19   —   (832 )
Norwegian Krone BOFA Buy 610,400   71,589 7/02/19   4   —  
Norwegian Krone BOFA Sell 610,400   69,803 7/02/19   —   (1,789 )
Singapore Dollar BOFA Buy 149,500   110,494 7/02/19   5   —  
Singapore Dollar BOFA Sell 149,500   108,663 7/02/19   —   (1,836 )
Swedish Krona BOFA Buy 1,101,300   118,692 7/02/19   6   —  
Swedish Krona BOFA Sell 1,101,300   115,973 7/02/19   —   (2,724 )
Swiss Franc MSCO Buy 389,800   399,785 7/02/19   10   —  
Swiss Franc MSCO Sell 389,800   388,638 7/02/19   —   (11,157 )
Hong Kong Dollar MSCO Buy 2,619,200   335,241 7/03/19   17   —  
Hong Kong Dollar MSCO Sell 2,619,200   334,162 7/03/19   —   (1,095 )
Australian Dollar BOFA Sell 2,284,000   1,604,503 8/02/19   —   (52 )
Danish Krone BOFA Sell 1,558,800   238,479 8/02/19   —   (14 )
Euro BOFA Sell 1,075,100   1,227,423 8/02/19   —   (29 )
Great British Pound BOFA Sell 454,272   579,030 8/02/19   —   (22 )
Great British Pound HSBK Sell 454,272   579,040 8/02/19   —   (11 )
Great British Pound UBSW Sell 454,272   579,033 8/02/19   —   (19 )
Hong Kong Dollar MSCO Sell 2,774,000   355,095 8/02/19   —   (24 )
Japanese Yen BOFA Sell 170,422,000   1,585,539 8/02/19   —   (49 )
New Zealand Dollar BOFA Sell 43,000   28,901 8/02/19   —   (1 )
Norwegian Krone BOFA Sell 607,900   71,369 8/02/19   —   (5 )
Singapore Dollar BOFA Sell 159,100   117,650 8/02/19   —   (9 )
Swedish Krona BOFA Sell 1,164,600   125,809 8/02/19   —   (8 )
Israeli Shekel BOFA Sell 90,100   25,312 8/05/19   —   (3 )
Swiss Franc MSCO Sell 399,200   410,728 8/05/19   —   (15 )

 

Total Forward Exchange Contracts $ 224 $ (89,579 )
Net unrealized appreciation (depreciation)     $ (89,355 )
aMay be comprised of multiple contracts with the same counterparty, currency and settlement date.          

 

 

FRANKLIN TEMPLETON ETF TRUST              
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)          
 
 
 
 
At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.      
 
 
Futures Contracts              
 
 
                  Value/Unrealized
        Number of Notional Expiration   Appreciation
Description Type Contracts Amount* Date   (Depreciation)
Equity Contracts              
MSCI All Country World Index Long 2 $ 52,030 9/20/19 $ 87
*As of period end.              
 
Abbreviations              
 
Selected Portfolio              
 
BOFA - Bank of America Corp.              
HSBK - HSBC Bank PLC              
IDR - International Depositary Receipt              
MSCO - Morgan Stanley              
REIT - Real Estate Investment Trust              
UBSW - UBS AG              

 

 

FRANKLIN TEMPLETON ETF TRUST      
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin LibertyQ U.S. Equity ETF Shares   Value
Common Stocks 99.8%      
Communication Services 6.0%      
a AMC Networks Inc., A 9,568 $ 521,360
AT&T Inc. 365,056   12,233,026
Cable One Inc. 480   562,075
CBS Corp., B 26,496   1,322,150
Cinemark Holdings Inc. 13,248   478,253
Comcast Corp., A 272,320   11,513,690
a Facebook Inc., A 62,560   12,074,080
Match Group Inc. 11,040   742,661
Omnicom Group Inc. 55,936   4,583,955
The Interpublic Group of Cos. Inc. 63,296   1,429,857
The Walt Disney Co. 84,640   11,819,130
Verizon Communications Inc. 205,344   11,731,303
Viacom Inc., B 61,824   1,846,683
      70,858,223
Consumer Discretionary 16.6%      
a AutoZone Inc. 4,600   5,057,562
Best Buy Co. Inc. 69,184   4,824,200
a Capri Holdings Ltd. 43,424   1,505,944
Carnival Corp. 92,736   4,316,861
Carter's Inc. 11,776   1,148,631
Choice Hotels International Inc. 8,832   768,472
Darden Restaurants Inc. 37,536   4,569,257
Dick's Sporting Goods Inc. 22,816   790,118
Dollar General Corp. 54,464   7,361,354
Domino's Pizza Inc. 11,776   3,277,025
a Five Below Inc. 3,680   441,674
Foot Locker Inc. 39,008   1,635,215
a frontdoor Inc. 6,624   288,475
Garmin Ltd. 36,800   2,936,640
General Motors Co. 98,624   3,799,983
Gentex Corp. 72,128   1,775,070
Genuine Parts Co. 39,008   4,040,449
a Grand Canyon Education Inc. 8,096   947,394
H&R Block Inc. 65,504   1,919,267
Hanesbrands Inc. 26,496   456,261
Hasbro Inc. 30,912   3,266,780
Kohl's Corp. 50,784   2,414,779
a Kontoor Brands Inc. 1   24
L Brands Inc. 69,184   1,805,702
Las Vegas Sands Corp. 70,656   4,175,063
Lear Corp. 16,192   2,255,060
Leggett & Platt Inc. 33,856   1,299,055
a Lululemon Athletica Inc. 29,440   5,305,383
Macy's Inc. 83,904   1,800,580
McDonald's Corp. 55,936   11,615,670
NIKE Inc., B 144,992   12,172,079
Nordstrom Inc. 32,384   1,031,754
a NVR Inc. 736   2,480,504
a O'Reilly Automotive Inc. 22,816   8,426,405
Penske Automotive Group Inc. 5,888   278,502
Pool Corp. 9,568   1,827,488
PulteGroup Inc. 20,608   651,625
Ralph Lauren Corp. 8,096   919,625
Ross Stores Inc. 119,968   11,891,228
Six Flags Entertainment Corp. 12,512   621,596
Tapestry Inc. 83,904   2,662,274
Target Corp. 128,800   11,155,368
The Gap Inc. 73,600   1,322,592

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
The Home Depot Inc. 58,880 12,245,274
The TJX Cos. Inc. 221,532 11,714,612
Thor Industries Inc. 13,248 774,346
Tractor Supply Co. 34,592 3,763,610
a Ulta Beauty Inc. 16,192 5,616,843
a Urban Outfitters Inc. 19,872 452,088
VF Corp. 86,112 7,521,883
Williams-Sonoma Inc. 25,024 1,626,560
Wyndham Destinations Inc. 14,720 646,208
Yum! Brands Inc. 102,304 11,321,984
    196,922,396
Consumer Staples 15.3%    
Altria Group Inc. 227,424 10,768,526
Brown-Forman Corp., A 14,720 809,600
Casey's General Stores Inc. 8,096 1,262,895
Church & Dwight Co. Inc. 66,240 4,839,494
Clorox Co. 41,216 6,310,582
Colgate-Palmolive Co. 160,448 11,499,308
Costco Wholesale Corp. 46,368 12,253,208
Estee Lauder Cos. Inc., A 61,824 11,320,593
Flowers Foods Inc. 47,104 1,096,110
General Mills Inc. 160,448 8,426,729
Hormel Foods Corp. 79,488 3,222,444
Ingredion Inc. 16,192 1,335,678
Kellogg Co. 30,912 1,655,956
Kimberly-Clark Corp. 50,048 6,670,398
Lamb Weston Holdings Inc. 33,856 2,145,116
a Monster Beverage Corp. 78,016 4,979,761
Nu Skin Enterprises Inc., A 13,248 653,391
PepsiCo Inc. 86,848 11,388,378
Philip Morris International Inc. 144,992 11,386,222
a Sprouts Farmers Market Inc. 20,608 389,285
Sysco Corp. 129,536 9,160,786
The Coca-Cola Co. 227,424 11,580,430
The Hershey Co. 46,368 6,214,703
The J. M. Smucker Co. 18,400 2,119,496
The Kroger Co. 108,192 2,348,848
The Procter & Gamble Co. 108,192 11,863,253
Tyson Foods Inc. 73,600 5,942,464
Walgreens Boots Alliance Inc. 144,256 7,886,476
Walmart Inc. 109,664 12,116,775
    181,646,905
Energy 3.2%    
Cabot Oil & Gas Corp., A 32,384 743,537
Cimarex Energy Co. 12,512 742,337
ConocoPhillips 82,432 5,028,352
Exxon Mobil Corp. 157,504 12,069,532
HollyFrontier Corp. 11,776 544,993
Occidental Petroleum Corp. 55,936 2,812,462
Phillips 66 74,336 6,953,389
Valero Energy Corp. 101,568 8,695,236
    37,589,838
Financials 3.0%    
American National Insurance Co. 2,208 257,166
Assured Guaranty Ltd. 13,248 557,476
Erie Indemnity Co., A 5,888 1,497,201
Evercore Inc. 6,624 586,688
Everest Re Group Ltd. 6,624 1,637,320
FactSet Research Systems Inc. 9,568 2,741,806
Invesco Ltd. 49,312 1,008,923
Lazard Ltd., A 32,384 1,113,686
MarketAxess Holdings Inc. 9,568 3,075,347

 

 

  FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Mercury General Corp. 7,360 460,000
Moody's Corp. 13,248 2,587,467
Morningstar Inc. 4,416 638,730
MSCI Inc. 19,872 4,745,235
Navient Corp. 27,968 381,763
People's United Financial Inc. 87,584 1,469,659
RenaissanceRe Holdings Ltd. 2,944 524,061
Santander Consumer USA Holdings Inc. 26,496 634,844
SEI Investments Co. 24,288 1,362,557
The Progressive Corp. 123,648 9,883,185
    35,163,114
Health Care 10.4%    
AbbVie Inc. 145,728 10,597,340
Amgen Inc. 66,976 12,342,337
a Biogen Inc. 40,480 9,467,058
Bristol-Myers Squibb Co. 245,824 11,148,118
a Celgene Corp. 50,784 4,694,473
Cerner Corp. 64,768 4,747,494
Chemed Corp. 2,944 1,062,313
a Exelixis Inc. 59,616 1,273,994
Gilead Sciences Inc. 179,584 12,132,695
HCA Holdings Inc. 42,688 5,770,137
Johnson & Johnson 85,376 11,891,169
Merck & Co. Inc. 140,576 11,787,298
a Mettler-Toledo International Inc. 6,624 5,564,160
Pfizer Inc. 268,640 11,637,485
ResMed Inc. 36,800 4,490,704
Universal Health Services Inc., B 9,568 1,247,572
a Varian Medical Systems Inc. 23,552 3,206,134
    123,060,481
Industrials 12.7%    
3M Co. 69,920 12,119,933
Alaska Air Group Inc. 33,856 2,163,737
Allison Transmission Holdings Inc. 15,456 716,386
C.H. Robinson Worldwide Inc. 40,480 3,414,488
Cintas Corp. 21,344 5,064,718
a Copart Inc. 51,520 3,850,605
Cummins Inc. 39,744 6,809,737
Delta Air Lines Inc. 148,672 8,437,136
Emerson Electric Co. 158,240 10,557,773
Expeditors International of Washington Inc. 44,896 3,405,811
Fastenal Co. 167,072 5,444,876
Graco Inc. 41,952 2,105,151
GrafTech International Ltd. 4,416 50,784
Honeywell International Inc. 52,992 9,251,873
Huntington Ingalls Industries Inc. 10,304 2,315,721
Illinois Tool Works Inc. 24,288 3,662,873
J.B. Hunt Transport Services Inc. 24,288 2,220,166
Landstar System Inc. 9,568 1,033,248
Lennox International Inc. 2,944 809,600
Lockheed Martin Corp. 33,120 12,040,445
MSC Industrial Direct Co. Inc., A 10,304 765,175
PACCAR Inc. 26,496 1,898,703
Raytheon Co. 61,824 10,749,957
Robert Half International Inc. 37,536 2,139,927
Rockwell Automation Inc. 33,120 5,426,050
Rollins Inc. 42,688 1,531,219
Schneider National Inc., B 8,832 161,096
Snap-on Inc. 7,360 1,219,110
Southwest Airlines Co. 130,272 6,615,212
Toro Co. 32,384 2,166,490
Union Pacific Corp. 66,976 11,326,311
United Parcel Service Inc., B 52,992 5,472,484

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
W.W. Grainger Inc. 13,984 3,750,928
a WABCO Holdings Inc. 5,888 780,749
Watsco Inc. 7,360 1,203,581
    150,682,053
Information Technology 18.9%    
Accenture PLC, A 62,560 11,559,211
Amdocs Ltd. 38,272 2,376,308
Apple Inc. 64,032 12,673,213
Applied Materials Inc. 239,936 10,775,526
a Aspen Technology Inc. 8,832 1,097,641
Automatic Data Processing Inc. 69,920 11,559,874
Booz Allen Hamilton Holding Corp. 10,304 682,228
Broadridge Financial Solutions Inc. 33,856 4,322,734
a Cadence Design Systems Inc. 22,080 1,563,485
Cisco Systems Inc. 214,176 11,721,852
Citrix Systems Inc. 9,568 939,004
Cognizant Technology Solutions Corp., A 91,264 5,785,225
a F5 Networks Inc. 18,400 2,679,592
HP Inc. 460,000 9,563,400
Intel Corp. 253,184 12,119,918
International Business Machines Corp. 87,584 12,077,834
Intuit Inc. 45,632 11,925,011
Jack Henry & Associates Inc. 21,344 2,858,388
KLA-Tencor Corp. 38,272 4,523,750
Lam Research Corp. 33,856 6,359,511
a Manhattan Associates Inc. 5,152 357,188
Mastercard Inc., A 44,160 11,681,645
Maxim Integrated Products Inc. 69,920 4,182,614
a Micron Technology Inc. 234,048 9,031,912
Microsoft Corp. 90,528 12,127,131
Motorola Solutions Inc. 39,744 6,626,517
NetApp Inc. 58,144 3,587,485
Paychex Inc. 97,888 8,055,204
Skyworks Solutions Inc. 53,728 4,151,563
Texas Instruments Inc. 106,720 12,247,187
Ubiquiti Networks Inc. 2,944 387,136
a VeriSign Inc. 27,232 5,695,845
Xilinx Inc. 69,920 8,244,966
    223,540,098
Materials 1.9%    
Air Products and Chemicals Inc. 16,928 3,831,991
Celanese Corp., A 9,568 1,031,430
Domtar Corp. 4,416 196,644
Eastman Chemical Co. 22,080 1,718,486
Huntsman Corp. 26,496 541,578
LyondellBasell Industries NV, A 100,096 8,621,269
NewMarket Corp. 2,208 885,276
Nucor Corp. 23,552 1,297,715
Packaging Corp. of America 17,664 1,683,733
Sonoco Products Co. 26,496 1,731,249
Steel Dynamics Inc. 29,440 889,088
Valvoline Inc. 13,984 273,108
    22,701,567
Real Estate 4.6%    
American Tower Corp. 34,592 7,072,335
EPR Properties 19,136 1,427,354
Gaming and Leisure Properties Inc. 45,632 1,778,735
Kimco Realty Corp. 87,584 1,618,552
National Retail Properties Inc. 46,368 2,457,968
OMEGA Healthcare Investors Inc. 58,144 2,136,792
Public Storage 47,104 11,218,760
Realty Income Corp. 83,168 5,736,097

 

 

  FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Simon Property Group Inc. 61,824 9,877,002
Spirit Realty Capital Inc. 26,496 1,130,319
STORE Capital Corp. 47,840 1,587,810
Ventas Inc. 43,424 2,968,030
VEREIT Inc. 267,904 2,413,815
WP Carey Inc. 30,912 2,509,436
    53,933,005
Utilities 7.2%    
Alliant Energy Corp. 54,464 2,673,093
Ameren Corp. 31,648 2,377,081
Atmos Energy Corp. 26,496 2,796,918
Consolidated Edison Inc. 78,016 6,840,443
Dominion Energy Inc. 58,880 4,552,602
DTE Energy Co. 48,576 6,211,899
Evergy Inc. 30,912 1,859,357
Eversource Energy 65,504 4,962,583
Exelon Corp. 231,840 11,114,409
Hawaiian Electric Industries Inc. 26,496 1,153,901
NextEra Energy Inc. 55,936 11,459,049
OGE Energy Corp. 46,368 1,973,422
Pinnacle West Capital Corp. 30,176 2,839,260
PPL Corp. 95,680 2,967,037
Public Service Enterprise Group Inc. 143,520 8,441,846
The Southern Co. 133,952 7,404,866
UGI Corp. 20,608 1,100,673
WEC Energy Group Inc. 61,824 5,154,267
    85,882,706
Total Investments (Cost $1,136,983,637) 99.8%   1,181,980,386
 
Other Assets, less Liabilities 0.2%   2,638,543
Net Assets 100.0% $ 1,184,618,929

 

aNon-income producing.              
 
At June 30, 2019, the Fund had the following futures contracts outstanding. See Note 3.      
 
 
Futures Contracts              
 
 
              Value/Unrealized
    Number of Notional Expiration   Appreciation
Description Type Contracts Amount* Date   (Depreciation)
Equity Contracts              
S&P 500 E-Mini Long 7 $ 1,030,470 9/20/19 $ 17,208
*As of period end.              

 

 

FRANKLIN TEMPLETON ETF TRUST      
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin LibertyQ U.S. Mid Cap Equity ETF Shares   Value
Common Stocks 99.6%      
Communication Services 3.5%      
a AMC Networks Inc., A 287 $ 15,639
CBS Corp., B 1,883   93,962
Cinemark Holdings Inc. 637   22,996
John Wiley & Sons Inc., A 329   15,088
Match Group Inc. 364   24,486
Omnicom Group Inc. 1,211   99,241
The Interpublic Group of Cos. Inc. 2,667   60,247
Viacom Inc., B 1,771   52,900
      384,559
Consumer Discretionary 20.7%      
a AutoNation Inc. 154   6,459
a AutoZone Inc. 98   107,748
Best Buy Co. Inc. 1,638   114,218
BorgWarner Inc. 1,197   50,250
a Burlington Stores Inc. 476   80,991
a Capri Holdings Ltd. 1,008   34,957
Carter's Inc. 308   30,042
Dick's Sporting Goods Inc. 546   18,908
Dollar General Corp. 805   108,804
Expedia Group Inc. 364   48,423
a Five Below Inc. 154   18,483
Foot Locker Inc. 868   36,387
a frontdoor Inc. 434   18,901
Garmin Ltd. 784   62,563
Gentex Corp. 693   17,055
Genuine Parts Co. 959   99,333
H&R Block Inc. 1,386   40,610
Hanesbrands Inc. 2,275   39,176
Hasbro Inc. 756   79,894
a Hilton Grand Vacations Inc. 511   16,260
Kohl's Corp. 1,274   60,579
L Brands Inc. 1,645   42,935
a Lululemon Athletica Inc. 581   104,702
Macy's Inc. 2,506   53,779
Nordstrom Inc. 931   29,662
a NVR Inc. 20   67,405
a O'Reilly Automotive Inc. 280   103,410
a Ollie's Bargain Outlet Holdings Inc. 147   12,805
Penske Automotive Group Inc. 210   9,933
Pool Corp. 336   64,176
Ralph Lauren Corp. 329   37,371
Six Flags Entertainment Corp. 483   23,995
a Skechers USA Inc., A 805   25,349
Tapestry Inc. 1,995   63,301
a Tempur Sealy International Inc. 252   18,489
The Gap Inc. 1,820   32,705
The Wendy's Co. 476   9,320
Tiffany & Co. 721   67,514
Tractor Supply Co. 1,015   110,432
a Ulta Beauty Inc. 308   106,842
a Urban Outfitters Inc. 483   10,988
Williams-Sonoma Inc. 616   40,040
Wyndham Destinations Inc. 714   31,345
Yum China Holdings Inc. 2,345   108,339
      2,264,878
Consumer Staples 7.8%      
Brown-Forman Corp., A 329   18,095
Brown-Forman Corp., B 1,358   75,274

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
Campbell Soup Co. 1,085 43,476
Church & Dwight Co. Inc. 1,379 100,750
Clorox Co. 686 105,033
Coty Inc., A 1,841 24,669
Flowers Foods Inc. 1,554 36,162
a Herbalife Ltd. 693 29,633
Kellogg Co. 1,568 83,998
McCormick & Co. Inc. 658 101,996
Nu Skin Enterprises Inc., A 399 19,679
a Sprouts Farmers Market Inc. 854 16,132
The Hershey Co. 770 103,203
The Kroger Co. 4,487 97,413
    855,513
Energy 0.2%    
a Chesapeake Energy Corp. 3,514 6,852
PBF Energy Inc. 637 19,938
    26,790
Financials 12.7%    
Ally Financial Inc. 2,093 64,862
American National Insurance Co. 56 6,522
a Arch Capital Group Ltd. 2,436 90,327
Arthur J. Gallagher & Co. 714 62,539
a Brighthouse Financial Inc. 602 22,087
Brown & Brown Inc. 798 26,733
Cincinnati Financial Corp. 945 97,968
CNA Financial Corp. 210 9,885
a Credit Acceptance Corp. 77 37,255
Discover Financial Services 1,372 106,454
Evercore Inc. 196 17,360
Everest Re Group Ltd. 266 65,750
FactSet Research Systems Inc. 238 68,201
First American Financial Corp. 651 34,959
First Republic Bank 469 45,798
Janus Henderson Group PLC 462 9,887
Lazard Ltd., A 693 23,832
Legg Mason Inc. 546 20,901
MarketAxess Holdings Inc. 217 69,748
Mercury General Corp. 182 11,375
MSCI Inc. 238 56,832
Nasdaq Inc. 784 75,397
Navient Corp. 1,239 16,912
Prosperity Bancshares Inc. 413 27,279
Santander Consumer USA Holdings Inc. 784 18,785
SEI Investments Co. 1,022 57,334
Synchrony Financial 1,981 68,681
Torchmark Corp. 602 53,855
Umpqua Holdings Corp 672 11,148
Unum Group 1,407 47,205
W.R. Berkley Corp. 861 56,766
    1,382,637
Health Care 8.4%    
a Acadia Healthcare Co. Inc., 504 17,615
a Align Technology Inc. 364 99,627
Cerner Corp. 1,463 107,238
Encompass Health Corp. 602 38,143
a Exelixis Inc. 812 17,352
a Henry Schein Inc. 952 66,545
a IDEXX Laboratories Inc. 413 113,711
a Masimo Corp. 252 37,503
a Mednax Inc. 616 15,542
a Mettler-Toledo International Inc. 140 117,600
a Molina Healthcare Inc. 273 39,077

 

 

  FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Universal Health Services Inc., B 574 74,844
a Varian Medical Systems Inc. 511 69,562
a Waters Corp. 455 97,934
    912,293
Industrials 17.7%    
Allegion PLC 602 66,551
Allison Transmission Holdings Inc. 644 29,849
American Airlines Group Inc. 2,373 77,384
BWX Technologies Inc. 518 26,988
C.H. Robinson Worldwide Inc. 903 76,168
Cintas Corp. 462 109,628
Copa Holdings SA 182 17,758
Cummins Inc. 679 116,340
Donaldson Co. Inc. 791 40,230
Expeditors International of Washington Inc. 1,085 82,308
Fastenal Co. 3,353 109,274
Graco Inc. 1,176 59,012
GrafTech International Ltd. 224 2,576
Hubbell Inc., B 315 41,076
a IAA Inc. 665 25,789
IDEX Corp. 217 37,354
Ingersoll-Rand PLC 658 83,349
KAR Auction Services Inc. 665 16,625
Landstar System Inc. 196 21,166
Lennox International Inc. 217 59,675
Lincoln Electric Holdings Inc. 161 13,253
ManpowerGroup Inc. 406 39,220
MSC Industrial Direct Co. Inc., A 294 21,832
Nordson Corp. 168 23,740
Old Dominion Freight Line Inc. 434 64,779
Robert Half International Inc. 966 55,072
Rockwell Automation Inc. 686 112,387
Rollins Inc. 1,113 39,923
Schneider National Inc., B 315 5,746
Snap-on Inc. 154 25,509
a Teledyne Technologies Inc. 98 26,839
Toro Co. 735 49,171
a United Airlines Holdings Inc. 1,022 89,476
a United Rentals Inc. 231 30,638
W.W. Grainger Inc. 308 82,615
a WABCO Holdings Inc. 231 30,631
Watsco Inc. 231 37,775
Xylem Inc. 1,022 85,480
    1,933,186
Information Technology 14.8%    
a Aspen Technology Inc. 308 38,278
Booz Allen Hamilton Holding Corp. 1,099 72,765
a Cadence Design Systems Inc. 1,610 114,004
CDW Corp. 1,001 111,111
Citrix Systems Inc. 371 36,410
a F5 Networks Inc. 476 69,320
a Fair Isaac Corp. 154 48,359
Genpact Ltd. 840 31,996
Jack Henry & Associates Inc. 518 69,370
Juniper Networks Inc. 1,939 51,635
KLA-Tencor Corp. 994 117,491
Lam Research Corp. 588 110,450
a Manhattan Associates Inc. 483 33,486
National Instruments Corp. 833 34,978
NetApp Inc. 1,631 100,633
Paychex Inc. 1,197 98,501
Pegasystems Inc. 189 13,459
a Red Hat Inc. 560 105,146

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)      
 
 
 
 
a Synopsys Inc. 882   113,505
Ubiquiti Networks Inc. 91   11,966
a VeriSign Inc. 287   60,029
Western Union Co. 2,555   50,819
Xilinx Inc. 1,001   118,038
      1,611,749
Materials 1.5%      
Ardagh Group SA 63   1,103
Avery Dennison Corp. 525   60,732
RPM International Inc. 784   47,910
Sonoco Products Co. 273   17,838
Steel Dynamics Inc. 581   17,546
The Chemours Co. LLC 826   19,824
      164,953
Real Estate 8.7%      
Alexandria Real Estate Equities Inc. 651   91,850
Apple Hospitality REIT Inc. 1,435   22,759
Camden Property Trust 280   29,229
Coresite Realty Corp. 203   23,379
EPR Properties 497   37,071
Equity Lifestyle Properties Inc. 455   55,210
Essex Property Trust Inc. 350   102,175
Federal Realty Investment Trust 413   53,178
Highwoods Properties Inc. 602   24,863
Hospitality Properties Trust 1,134   28,350
Host Hotels & Resorts Inc. 3,857   70,275
Lamar Advertising Co., A 588   47,457
Liberty Property Trust 413   20,666
National Retail Properties Inc. 1,169   61,969
Realty Income Corp. 1,463   100,903
Retail Properties of America Inc., A 1,043   12,266
Ventas Inc. 1,176   80,380
Welltower Inc. 1,127   91,884
      953,864
Utilities 3.6%      
Ameren Corp. 1,120   84,123
Consolidated Edison Inc. 1,190   104,339
Entergy Corp. 1,050   108,077
PPL Corp. 2,982   92,472
      389,011
Total Investments (Cost $9,833,292) 99.6%     10,879,433
 
Other Assets, less Liabilities 0.4%     38,746
Net Assets 100.0%   $ 10,918,179

 

aNon-income producing.

Abbreviations

Selected Portfolio

REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST      
 
Statement of Investments, June 30, 2019 (unaudited)      
 
 
Franklin LibertyQ U.S. Small Cap Equity ETF Shares   Value
Common Stocks 99.8%      
Communication Services 3.2%      
AMC Entertainment Holdings Inc., A 1,725 $ 16,094
a Cardlytics Inc. 315   8,184
a Care.com Inc. 690   7,576
Cogent Communications Holdings Inc. 1,605   95,273
a Cumulus Media Inc., A 255   4,730
Gannett Co. Inc. 4,755   38,801
a IDT Corp., B 345   3,267
a Lee Enterprises Inc. 1,170   2,621
a Liberty Latin America Ltd. 3,615   62,142
a Liberty Latin America Ltd., A 1,395   24,036
Marcus Corp. 795   26,203
Meredith Corp. 1,515   83,416
National CineMedia Inc. 2,655   17,417
New Media Investment Group Inc. 2,685   25,346
a Rosetta Stone Inc. 750   17,160
Scholastic Corp. 1,230   40,885
Spok Holdings Inc. 645   9,701
TEGNA Inc. 3,840   58,176
a Travelzoo 165   2,548
a TrueCar Inc. 2,955   16,134
a WideOpenWest Inc. 900   6,534
a Yelp Inc. 3,045   104,078
      670,322
Consumer Discretionary 23.7%      
Dine Brands Global Inc. 645   61,578
a 1-800-FLOWERS.Com Inc. 1,140   21,523
Aaron's Inc. 1,965   120,671
Abercrombie & Fitch Co., A 3,345   53,654
Acushnet Holdings Corp. 1,350   35,451
a Adtalem Global Education Inc. 1,980   89,199
a America's Car-Mart Inc. 255   21,950
American Eagle Outfitters Inc. 7,260   122,694
a American Public Education Inc. 540   15,973
a Asbury Automotive Group Inc. 930   78,436
a Ascena Retail Group Inc. 7,050   4,301
a At Home Group Inc. 1,425   9,491
a Barnes & Noble Education Inc. 1,125   3,780
Barnes & Noble Inc. 2,490   16,658
Bassett Furniture Industries Inc. 435   6,634
b Bed Bath & Beyond Inc. 5,010   58,216
Big Lots Inc. 2,115   60,510
BJ's Restaurants Inc. 825   36,251
Bloomin' Brands Inc. 4,620   87,364
Brinker International Inc. 1,230   48,400
b Buckle Inc. 1,410   24,407
Caleres Inc. 1,815   36,155
Callaway Golf Co. 2,895   49,678
Camping World Holdings Inc., A 1,335   16,581
a Career Education Corp. 2,850   54,349
a Carrols Restaurant Group Inc. 990   8,940
The Cato Corp., A 960   11,827
Chico's FAS Inc. 5,490   18,501
a Chuy's Holdings Inc. 810   18,565
Citi Trends Inc. 555   8,114
Collectors Universe Inc. 195   4,161
Cooper Tire & Rubber Co. 1,695   53,477
Core-Mark Holding Co. Inc. 900   35,748
b Cracker Barrel Old Country Store Inc. 1,005   171,584

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
a Crocs Inc. 2,550 50,362
Dana Inc. 5,145 102,591
Dave & Buster's Entertainment Inc. 1,725 69,811
a Deckers Outdoor Corp. 1,282 225,594
a Del Frisco's Restaurant Group Inc. 1,170 9,313
a Del Taco Restaurants Inc. 645 8,269
a Denny's Corp. 2,685 55,123
Dillard's Inc., A 435 27,092
a Dorman Products Inc. 1,125 98,032
                a,b Duluth Holdings Inc. 450 6,116
Escalade Inc. 390 4,473
Ethan Allen Interiors Inc. 1,200 25,272
a Fiesta Restaurant Group Inc. 1,125 14,783
Flexsteel Industries Inc. 285 4,862
a Fossil Group Inc. 900 10,350
a Genesco Inc. 885 37,427
Group 1 Automotive Inc. 795 65,103
Guess? Inc. 2,550 41,182
Hamilton Beach Brands Holding Co., A 270 5,144
Haverty Furniture Cos. Inc. 960 16,349
a Helen of Troy Ltd. 893 116,617
a Hibbett Sports Inc. 750 13,650
Hooker Furniture Corp. 420 8,660
International Speedway Corp., A 780 35,014
a iRobot Corp. 1,005 92,098
J. Jill Inc. 765 1,522
Jack in the Box Inc. 1,095 89,122
Johnson Outdoors Inc., A 210 15,660
a K12 Inc. 1,140 34,667
a Kontoor Brands Inc. 915 25,638
La-Z-Boy Inc. 1,875 57,487
LCI Industries 900 81,000
a LGI Homes Inc. 645 46,072
Lifetime Brands Inc. 525 4,967
a Lindblad Expeditions Holdings Inc. 420 7,539
Lithia Motors Inc. 844 100,250
Marine Products Corp. 315 4,864
a MasterCraft Boat Holdings Inc. 330 6,465
MDC Holdings Inc. 915 29,994
a Modine Manufacturing Co. 975 13,952
a Monarch Casino & Resort Inc. 360 15,386
Monro Inc. 1,305 111,316
Movado Group Inc. 720 19,440
Office Depot Inc. 21,885 45,083
Oxford Industries Inc. 810 61,398
Papa John's International Inc. 825 36,894
b PetMed Express Inc. 945 14,808
a Potbelly Corp. 750 3,818
a Regis Corp. 1,020 16,932
a Rent-A-Center Inc. 2,085 55,524
Rocky Brands Inc. 240 6,547
a RTW RetailWinds Inc. 1,095 1,862
Ruth's Hospitality Group Inc. 1,185 26,911
a Sally Beauty Holdings Inc. 4,665 62,231
Shoe Carnival Inc. 495 13,662
Shutterstock Inc. 660 25,865
Signet Jewelers Ltd. 1,785 31,916
a Sleep Number Corp. 1,335 53,921
Sonic Automotive Inc. 1,050 24,518
a Sonos Inc. 1,515 17,180
Speedway Motorsports Inc. 180 3,339
a Sportsman's Warehouse Holdings Inc. 1,860 7,031
a Stamps.com Inc. 705 31,915
Standard Motor Products Inc. 855 38,766

 

 

  FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
Steven Madden Ltd. 3,555 120,692
a Stitch Fix Inc., A 960 30,710
Strategic Education Inc. 885 157,530
Sturm Ruger & Co. Inc. 675 36,774
Superior Group of Cos. Inc. 405 6,938
b Tailored Brands Inc. 2,340 13,502
Tenneco Inc., A 1,950 21,626
Texas Roadhouse Inc., A 3,300 177,111
The Cheesecake Factory Inc. 2,205 96,403
The Children's Place Inc. 720 68,674
a The Container Store Group Inc. 720 5,270
a The Habit Restaurants Inc., A 960 10,070
a The Lovesac Co. 120 3,728
a The Michaels Cos. Inc. 1,860 16,182
Tile Shop Holdings Inc. 1,995 7,980
Tilly's Inc., A 945 7,210
Tupperware Brands Corp. 2,115 40,248
a Twin River Worldwide Holdings Inc. 510 15,173
a Vera Bradley Inc. 885 10,620
Weyco Group Inc. 270 7,212
Wingstop Inc. 855 81,011
Winmark Corp. 90 15,584
Wolverine World Wide Inc. 3,840 105,754
a Zumiez Inc. 765 19,967
    4,929,539
Consumer Staples 6.4%    
b B&G Foods Inc., A 2,310 48,048
a Boston Beer Inc., A 408 154,126
a Bridgford Foods Corp. 30 893
a Central Garden & Pet Co. 360 9,702
a Central Garden & Pet Co., A 1,320 32,525
Coca-Cola Consolidated Inc. 180 53,865
a Freshpet Inc. 570 25,941
Ingles Markets Inc., A 600 18,678
Inter Parfums Inc. 690 45,878
J & J Snack Foods Corp. 645 103,813
John B. Sanfilippo & Son Inc. 360 28,688
Lancaster Colony Corp. 735 109,221
a Lifevantage Corp. 270 3,505
Medifast Inc. 510 65,433
b National Beverage Corp. 480 21,422
a Natural Grocers by Vitamin Cottage Inc. 345 3,467
a Natures Sunshine Products Inc. 345 3,205
a Performance Food Group Co. 4,005 160,320
PriceSmart Inc. 1,020 52,143
Sanderson Farms Inc. 690 94,227
SpartanNash Co. 720 8,402
a The Chefs' Warehouse Inc. 900 31,563
Tootsie Roll Industries Inc. 495 18,280
Turning Point Brands Inc. 285 13,959
Universal Corp. 990 60,162
Vector Group Ltd. 3,615 35,246
Village Super Market Inc., A 435 11,532
WD-40 Co. 615 97,810
Weis Markets Inc. 465 16,931
    1,328,985
Energy 0.7%    
Arch Coal Inc., A 315 29,676
a CONSOL Mining Corp. 990 26,344
a Contura Energy Inc. 360 18,684
CVR Energy Inc. 540 26,995
a FTS International Inc 960 5,357
Liberty Oilfield Services Inc., A 1,290 20,872

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
a Penn Virginia Corp. 255 7,823
a SilverBow Resources Inc. 240 3,324
    139,075
Financials 9.4%    
1st Source Corp. 540 25,056
AMERISAFE Inc. 360 22,957
Ames National Corp. 360 9,756
Apollo Commercial Finance Inc. 4,545 83,583
Arrow Financial Corp. 255 8,856
Banco Latinoamericano de Comercio Exterior SA 900 18,747
a Bank7 Corp. 75 1,387
Bankwell Financial Group Inc. 135 3,875
Bar Harbor Bankshares. 285 7,578
Cadence BanCorp. 2,400 49,920
Capitol Federal Financial Inc. 4,395 60,519
Capstead Mortgage Corp. 3,180 26,553
Central Pacific Financial Corp. 480 14,381
Citizens & Northern Corp. 435 11,454
              a,b Citizens Inc., A 1,815 13,249
Codorus Valley Bancorp Inc. 180 4,140
Cohen & Steers Inc. 870 44,753
Colony Bankcorp Inc. 150 2,543
Colony Credit Real Estate Inc., A 2,760 42,780
Crawford & Co., B 315 3,317
DNB Financial Corp. 75 3,335
Donegal Group Inc. 345 5,268
Dynex Capital Inc. 795 13,316
EMC Insurance Group Inc. 360 12,971
ESSA Bancorp Inc. 165 2,516
a Essent Group Ltd. 4,185 196,653
a EZCORP Inc., A 1,635 15,483
Federated Investors Inc., B 3,720 120,900
Financial Institutions Inc. 615 17,927
First Bancorp Inc. 360 9,666
First BanCorp. 3,945 43,553
First Citizens Bancorp 510 11,450
Franklin Financial Services Corp. 75 2,859
a Genworth Financial Inc., A 14,010 51,977
Greene County Bancorp Inc. 135 3,972
Hawthorn Bancshares Inc. 105 2,814
Heritage Financial Corp. 1,245 36,777
Horace Mann Educators Corp. 1,755 70,709
International Bancshares Corp. 1,080 40,727
Invesco Mortgage Capital 4,245 68,429
James River Group Holdings Ltd. 1,020 47,838
LCNB Corp. 435 8,265
MidSouth Bancorp Inc. 270 3,200
Midwestone Financial Group Inc. 465 13,001
a Mr Cooper Group Inc. 1,530 12,255
National Western Life Group Inc., A 105 26,985
Nelnet Inc., A 705 41,750
Northfield Bancorp Inc. 1,710 26,693
Northwest Bancshares Inc. 3,735 65,773
Norwood Financial Corp. 195 6,788
a On Deck Capital Inc. 1,905 7,906
a Palomar Holdings Inc. 120 2,885
Penns Woods Bancorp Inc. 165 7,466
Peoples Financial Services Corp. 150 6,749
Piper Jaffray Cos. 240 17,825
Premier Financial Bancorp Inc. 540 8,100
Protective Insurance Corp., B 375 6,514
Provident Financial Services Inc. 2,490 60,382
Pzena Investment Management Inc., A 675 5,798

 

 

  FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
a Regional Management Corp. 465 12,262
Silvercrest Asset Management Group Inc., A 360 5,051
Southern Missouri Bancorp Inc. 225 7,837
Stewart Information Services Corp. 750 30,367
Territorial Bancorp Inc. 330 10,197
Tiptree Inc. 360 2,268
Tompkins Financial Corp. 555 45,288
TrustCo Bank Corp. NY 3,465 27,443
United Bankshares Inc. 1,785 66,206
United Fire Group Inc. 825 39,979
United Security Bancshares 255 2,904
Universal Insurance Holdings Inc. 1,155 32,224
Value Line Inc. 45 1,238
Waddell & Reed Financial Inc., A 1,440 24,005
a Watford Holdings Ltd. 390 10,694
West Bancorp 525 11,141
Westwood Holdings Group Inc. 360 12,672
a World Acceptance Corp. 240 39,386
    1,944,041
Health Care 10.6%    
a Addus Homecare Corp. 375 28,106
a Amedisys Inc. 1,350 163,903
a AMN Healthcare Services Inc. 1,725 93,581
a AngioDynamics Inc. 1,080 21,265
a AtriCure Inc. 1,335 39,836
Atrion Corp. 64 54,575
a Biospecifics Technologies Corp. 225 13,435
a Cardiovascular Systems Inc. 1,365 58,599
a Community Health Systems Inc. 3,075 8,210
CONMED Corp. 1,020 87,281
a Corcept Therapeutics Inc. 4,095 45,659
a CorVel Corp. 330 28,713
a Cross Country Healthcare Inc. 1,080 10,130
a Eagle Pharmaceuticals Inc. 315 17,539
a Enanta Pharmaceuticals Inc. 660 55,691
a Genomic Health Inc. 1,050 61,079
a Glaukos Corp. 945 71,253
a Globus Medical Inc., A 3,210 135,783
a Haemonetics Corp. 1,590 191,341
a Hanger Inc. 690 13,214
a Inogen Inc. 600 40,056
a iRadimed Corp. 135 2,761
a Lantheus Holdings Inc. 705 19,952
LeMaitre Vascular Inc. 675 18,887
a LHC Group Inc. 1,080 129,146
Meridian Bioscience Inc. 1,905 22,631
a Merit Medical Systems Inc. 1,995 118,822
a Misonix Inc. 150 3,813
a Myriad Genetics Inc. 2,400 66,672
National Healthcare Corp. 525 42,604
National Research Corp., A 525 30,235
a NextGen Healthcare Inc. 2,175 43,283
a NuVasive Inc. 1,770 103,616
a Orthofix International NV 765 40,453
a OrthoPediatrics Corp. 165 6,435
Patterson Cos. Inc. 2,835 64,921
Phibro Animal Health Corp. 795 25,257
a Prestige Consumer Healthcare Inc. 1,770 56,074
Simulations Plus Inc. 450 12,852
a Supernus Pharmaceuticals Inc. 2,085 68,993
a Tactile Systems Technology Inc. 690 39,275
a The Joint Corp 270 4,914
Utah Medical Products Inc. 135 12,920

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
a Vocera Communications Inc. 1,140 36,389
    2,210,154
Industrials 19.9%    
ABM Industries Inc. 2,685 107,400
ACCO Brands Corp. 1,785 14,048
a Advanced Disposal Services Inc. 2,190 69,883
Aircastle Ltd. 1,995 42,414
Alamo Group Inc. 345 34,476
Allegiant Travel Co. 495 71,032
Allied Motion Technologies Inc. 255 9,665
Altra Industrial Motion Corp. 1,845 66,199
Applied Industrial Technologies Inc. 1,755 107,985
a Axon Enterprise Inc. 1,755 112,689
BG Staffing Inc. 390 7,363
a BMC Stock Holdings Inc. 1,245 26,394
Brady Corp., A 2,070 102,092
a Builders FirstSource Inc. 2,160 36,418
a Casella Waste Systems Inc., A 795 31,506
a Cimpress NV 870 79,074
CompX International Inc. 45 761
a Covenant Transportation Group Inc., A 480 7,061
CSW Industrials Inc. 270 18,401
Deluxe Corp. 2,070 84,166
Douglas Dynamics Inc. 750 29,842
Ennis Inc. 1,020 20,930
EnPro Industries Inc. 705 45,007
Exponent Inc. 2,280 133,471
Forrester Research Inc. 480 22,574
Forward Air Corp. 1,290 76,303
a Foundation Building Materials Inc. 555 9,868
a Franklin Covey Co. 360 12,240
a FTI Consulting Inc. 720 60,365
a Generac Holdings Inc. 1,170 81,210
Global Brass & Copper Holdings Inc. 750 32,797
H&E Equipment Services Inc. 555 16,145
Hawaiian Holdings Inc. 1,785 48,963
Healthcare Services Group Inc. 2,580 78,226
Heartland Express Inc. 1,335 24,123
Heidrick & Struggles International Inc. 840 25,175
a Heritage-Crystal Clean Inc. 690 18,154
Herman Miller Inc. 2,430 108,621
Hillenbrand Inc. 2,400 94,968
HNI Corp. 1,860 65,807
Hurco Cos Inc. 120 4,267
Hyster-Yale Materials Handling Inc. 360 19,894
ICF International Inc. 795 57,876
Insperity Inc. 1,650 201,531
Interface Inc. 2,040 31,273
John Bean Technologies Corp. 585 70,861
Kadant Inc. 435 39,502
Kaman Corp., A 1,020 64,964
Kelly Services Inc., A 1,290 33,785
Kforce Inc. 1,125 39,476
Kimball International Inc., B 1,395 24,315
Knoll Inc. 1,950 44,811
Korn Ferry 2,175 87,152
a Lawson Products Inc. 255 9,366
Lindsay Corp. 390 32,062
McGrath RentCorp 900 55,935
a Meritor Inc. 1,545 37,466
Miller Industries Inc. 390 11,993
Mobile Mini Inc. 1,890 57,513
Moog Inc., A 1,230 115,140

 

 

  FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)
 
 
 
 
MSA Safety Inc. 1,470 154,923
National Presto Industries Inc. 180 16,792
Omega Flex Inc. 135 10,369
a P.A.M. Transportation Services Inc. 75 4,650
Preformed Line Products Co. 105 5,830
a Radiant Logistics Inc. 735 4,513
Resources Connection Inc. 1,380 22,094
Rush Enterprises Inc., B 165 6,090
a SAIA Inc. 1,125 72,754
Simpson Manufacturing Co. Inc. 1,710 113,647
Standex International Corp. 450 32,913
Steelcase Inc., A 3,765 64,381
Systemax Inc. 405 8,975
Tennant Co. 675 41,310
a Transcat Inc. 150 3,839
a Trex Co. Inc. 2,115 151,645
a TriNet Group Inc. 780 52,884
UniFirst Corp. 555 104,656
Universal Logistics Holdings Inc. 315 7,078
a US Xpress Enterprises Inc., A 720 3,701
a Vicor Corp. 525 16,301
Watts Water Technologies Inc., A 960 89,453
Werner Enterprises Inc. 1,980 61,538
a Willis Lease Finance Corp. 60 3,499
    4,126,833
Information Technology 11.1%    
a A10 Networks Inc. 1,545 10,537
a ACI Worldwide Inc. 1,920 65,933
ADTRAN Inc. 1,530 23,332
a Aerohive Networks Inc. 1,020 4,519
a Alarm.com Holdings Inc. 1,125 60,187
a Altair Engineering Inc. 1,110 44,833
American Software Inc., A 1,065 14,005
AstroNova Inc. 150 3,876
a Avid Technology Inc. 1,140 10,397
Badger Meter Inc. 1,035 61,779
Cabot Microelectronics Corp. 945 104,026
a Casa Systems Inc. 885 5,691
a CEVA Inc. 765 18,628
a ChannelAdvisor Corp. 840 7,358
a Cirrus Logic Inc. 2,220 97,014
a Coda Octopus Group Inc. 105 1,370
a CommVault Systems Inc. 1,590 78,896
a Control4 Corp. 1,005 23,869
CSG Systems International Inc. 1,425 69,583
Daktronics Inc. 1,290 7,959
a eGain Corp. 660 5,372
a ePlus Inc. 465 32,057
EVERTEC Inc. 2,205 72,103
Hackett Group Inc. 1,020 17,126
a Immersion Corp. 1,200 9,132
a Information Services Group Inc. 1,080 3,413
a Insight Enterprises Inc. 1,485 86,427
a Iteris Inc. 930 4,808
J2 Global Inc. 1,980 176,002
a Majesco 180 1,676
ManTech International Corp., A 945 62,228
MAXIMUS Inc. 1,155 83,784
Mesa Laboratories Inc. 60 14,660
a MicroStrategy Inc. 315 45,143
a Mitek Systems Inc. 1,335 13,270
a MobileIron Inc. 1,725 10,695
Monotype Imaging Holdings Inc. 1,800 30,312

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)    
 
 
 
 
a Napco Security Technologies Inc. 405 12,020
NIC Inc. 2,775 44,511
a Novanta Inc. 1,095 103,258
NVE Corp. 195 13,578
a OSI Systems Inc. 300 33,789
PC Connection Inc. 435 15,216
a Priority Technology Holdings Inc. 135 1,060
Progress Software Corp. 810 35,332
QAD Inc., A 375 15,079
a Qualys Inc. 1,335 116,252
a ScanSource Inc. 945 30,769
a Semtech Corp. 1,185 56,939
a Silicon Laboratories Inc. 1,575 162,855
a SMART Global Holdings Inc. 390 8,966
a Sonim Technologies Inc. 75 955
a SPS Commerce Inc. 615 62,859
a Tenable Holdings Inc. 720 20,549
TESSCO Technologies Inc. 135 2,411
a The Meet Group Inc. 1,320 4,594
Vishay Intertechnology Inc. 4,410 72,853
a Vishay Precision Group Inc. 330 13,408
a Workiva Inc 1,200 69,708
Xperi Corp. 840 17,296
a Zix Corp. 2,385 21,680
    2,317,937
Materials 1.7%    
Advanced Emissions Solutions Inc. 585 7,394
Greif Inc., A 960 31,248
Greif Inc., B 225 9,821
Innophos Holdings Inc. 645 18,776
Myers Industries Inc. 1,155 22,257
Quaker Chemical Corp. 345 69,994
Schweitzer-Mauduit International Inc. 1,140 37,825
Sensient Technologies Corp. 1,620 119,038
Valhi Inc. 930 2,762
Warrior Met Coal Inc. 1,605 41,923
    361,038
Real Estate 6.0%    
Agree Realty Corp. 1,215 77,821
American Assets Trust Inc. 900 42,408
Cedar Realty Trust Inc. 2,865 7,592
Chesapeake Lodging Trust 2,340 66,503
CoreCivic Inc. 3,885 80,653
DiamondRock Hospitality Co. 3,750 38,775
First Industrial Realty Trust Inc. 4,065 149,348
Franklin Street Properties Corp. 3,975 29,336
Lexington Realty Trust 8,910 83,843
LTC Properties Inc. 1,410 64,381
Monmouth Real Estate Investment Corp., A 2,955 40,040
National Health Investors Inc. 1,530 119,386
One Liberty Properties Inc. 540 15,638
Preferred Apartment Communities Inc., A 1,890 28,256
PS Business Parks Inc. 870 146,621
QTS Realty Trust Inc., A 1,020 47,104
RE/MAX Holdings Inc., A 795 24,454
Realogy Holdings Corp. 2,460 17,810
RPT Realty 3,240 39,236
Summit Hotel Properties Inc. 1,905 21,850
Tanger Factory Outlet Centers Inc. 1,800 29,178
Universal Health Realty Income Trust 360 30,575
Urstadt Biddle Properties, A 1,065 22,365

 

 

  FRANKLIN TEMPLETON ETF TRUST  
  STATEMENT OF INVESTMENTS, June 30, 2019 (unaudited) (continued)  
 
 
 
 
Whitestone REIT 1,215 15,418  
    1,238,591  
Specialty Retail 0.3%      
Designer Brands Inc., A 2,895 55,497  
 
Utilities 6.8%      
American States Water Co. 1,530 115,117  
Artesian Resources Corp., A 270 10,036  
Avista Corp. 2,370 105,702  
Black Hills Corp. 1,980 154,777  
California Water Service Group 1,965 99,488  
Clearway Energy Inc., A 1,335 21,600  
Clearway Energy Inc., C 2,520 42,487  
El Paso Electric Co. 1,515 99,081  
Genie Energy Ltd., B 285 3,035  
Global Water Resources Inc. 330 3,445  
MGE Energy Inc. 1,275 93,177  
New Jersey Resources Corp. 3,000 149,310  
NorthWestern Corp. 1,575 113,636  
PNM Resources Inc. 2,640 134,403  
SJW Group 765 46,489  
Southwest Gas Holdings Inc. 1,965 176,103  
Spark Energy Inc., A 450 5,036  
The York Water Co. 270 9,644  
Unitil Corp. 555 33,239  
    1,415,805  
Total Investments before Short Term Investments (Cost $20,492,838)   20,737,817  
Short Term Investments (Cost $242,730) 1.2%      
Investments from Cash Collateral Received for Loaned Securities 1.2%      
Money Market Funds 1.2%      
c,d Institutional Fiduciary Trust Portfolio, 2.05% 242,730 242,730  
 
Total Investments (Cost $20,735,568) 101.0%   20,980,547  
 
Other Assets, less Liabilities (1.0)%   (200,647 )
Net Assets 100.0% $ 20,779,900  

 

aNon-income producing.
bA portion or all of the security is on loan at June 30, 2019.
cSee Note 5 regarding investments in affiliated management investment companies.
dThe rate shown is the annualized seven-day effective yield at period end.

Abbreviations

Selected Portfolio

REIT - Real Estate Investment Trust

 

 

Franklin Templeton ETF Trust

Notes to Statements of Investments (unaudited)

1. ORGANIZATION

Franklin Templeton ETF Trust (Trust) is registered under the Investment Company Act of 1940 (1940 Act) as an open-end management investment company, consisting of thirty-eight separate funds (Funds) and applies the specialized accounting and reporting guidance in U.S. Generally Accepted Accounting Principles (U.S. GAAP). Each of the Funds are an exchange traded fund (ETF). The Funds seek to provide the investment results that closely correspond, before fees and expenses, to the performance of each Fund's corresponding underlying index, with the exception of Franklin Liberty High Yield Corporate ETF, Franklin Liberty Intermediate Municipal Opportunities ETF, Franklin Liberty International Aggregate Bond ETF, Franklin Liberty International Opportunities ETF, Franklin Liberty Investment Grade Corporate ETF, Franklin Liberty Municipal Bond ETF, Franklin Liberty Senior Loan ETF and Franklin Liberty U.S. Low Volatility ETF which are actively managed, thus they are not designed to track an index.

2. FINANCIAL INSTRUMENT VALUATION

The Funds’ investments in financial instruments are carried at fair value daily. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The Funds calculate the net asset value (NAV) per share as of 4 p.m. Eastern time or the regularly scheduled close of the New York Stock Exchange (NYSE) whichever is earlier. Under compliance policies and procedures approved by the Trust’s Board of Trustees (the Board), the Funds’ administrator has responsibility for oversight of valuation, including leading the cross -functional Valuation Committee (VC). The Funds may utilize independent pricing services, quotations from securities and financial instrument dealers, and other market sources to determine fair value.

Equity securities, exchange traded funds, and derivative financial instruments listed on an exchange or on the NASDAQ National Market System are valued at the last quoted sale price or the official closing price of the day, respectively. Foreign equity securities are valued as of the close of trading on the foreign stock exchange on which the security is primarily traded or as of 4 p.m. Eastern time. The value is then converted into its U.S. dollar equivalent at the foreign exchange rate in effect at 4 p.m.

London time on the day that the value of the security is determined. Over-the-counter (OTC) securities are valued within the range of the most recent quoted bid and ask prices. Securities that trade in multiple markets or on multiple exchanges are valued according to the broadest and most representative market. Certain equity securities are valued based upon fundamental characteristics or relationships to similar securities.

Debt securities generally trade in the OTC market rather than on a securities exchange. The Funds’ pricing services use multiple valuation techniques to determine fair value. In instances where sufficient market activity exists, the pricing services may utilize a market-based approach through which quotes from market makers are used to determine fair value. In instances where sufficient market activity may not exist or is limited, the pricing services also utilize proprietary valuation models which may consider market characteristics such as benchmark yield curves, credit spreads, estimated default rates, anticipated market interest rate volatility, coupon rates, anticipated timing of principal repayments, underlying collateral, and other unique security features in order to estimate the relevant cash flows, which are then discounted to calculate the fair value. Securities denominated in a foreign currency are converted into their U.S. dollar equivalent at the foreign exchange rate in effect at 4 p.m. London time on the date that the values of the foreign debt securities are determined, for all funds except the Franklin Liberty High Yield Corporate ETF, Franklin Liberty International Aggregate Bond ETF, Franklin Liberty Investment Grade Corporate ETF and Franklin Liberty Senior Loan ETF which uses the foreign exchange rate in effect at 4 p.m. Eastern time.

Investments in open-end mutual funds are valued at the closing NAV.

Certain derivative financial instruments are centrally cleared or trade in the OTC market. The Funds’ pricing services use various techniques including industry standard option pricing models and proprietary discounted cash flow models to determine the fair value of those instruments. The Funds’ net benefit or obligation under the derivative contract, as measured by the fair value of the contract, is included in net assets.

 

The Funds have procedures to determine the fair value of financial instruments for which market prices are not reliable or readily available. Under these procedures, the Funds primarily employs a market-based approach which may use related or comparable assets or liabilities, recent transactions, market multiples, book values, and other relevant information for the investment to determine the fair value of the investment. An income-based valuation approach may also be used in which the anticipated future cash flows of the investment are discounted to calculate fair value. Discounts may also be applied due to the nature or duration of any restrictions on the disposition of the investments. Due to the inherent uncertainty of valuations of such investments, the fair values may differ significantly from the values that would have been used had an active market existed.

Trading in securities on foreign securities stock exchanges and OTC markets may be completed before 4 p.m. Eastern time. In addition, trading in certain foreign markets may not take place on every Funds’ business day. Occasionally, events occur between the time at which trading in a foreign security is completed and 4 p.m. Eastern time that might call into question the reliability of the value of a portfolio security held by the Funds. As a result, differences may arise between the value of the Funds’ portfolio securities as determined at the foreign market close and the latest indications of value at 4 p.m. Eastern time. The VC monitors price movements for significant events following the close of trading in foreign stock markets through a series of country specific market proxies (such as baskets of American Depositary Receipts, futures contracts and exchange traded funds). These price movements are measured against established trigger thresholds for each specific market proxy to assist in determining if an event has occurred that may call into question the reliability of the values of the foreign securities held by the Funds. If such an event occurs, the securities may be valued using fair value procedures, which may include the use of independent pricing services.

When the last day of the reporting period is a non-business day, certain foreign markets may be open on those days that the Funds’

NAV is not calculated, which could result in differences between the value of the Funds’ portfolio securities on the last business day and the last calendar day of the reporting period. Any significant security valuation changes due to an open foreign market are adjusted and reflected by the Funds for financial reporting purposes.

3. DERIVATIVE FINANCIAL INSTRUMENTS

Certain or all Funds invested in derivative financial instruments in order to manage risk or gain exposure to various other investments or markets. Derivatives are financial contracts based on an underlying or notional amount, require no initial investment or an initial net investment that is smaller than would normally be required to have a similar response to changes in market factors, and require or permit net settlement. Derivatives contain various risks including the potential inability of the counterparty to fulfill their obligations under the terms of the contract, the potential for an illiquid secondary market, and/or the potential for market movements.

Derivative counterparty credit risk is managed through a formal evaluation of the creditworthiness of all potential counterparties. Certain or all Funds attempt to reduce their exposure to counterparty credit risk on OTC derivatives, whenever possible, by entering into International Swaps and Derivatives Association (ISDA) master agreements with certain counterparties. These agreements contain various provisions, including but not limited to collateral requirements, events of default, or early termination. Termination events applicable to the counterparty include certain deteriorations in the credit quality of the counterparty. Termination events applicable to the Funds include failure of the Funds to maintain certain net asset levels and/or limit the decline in net assets over various periods of time. In the event of default or early termination, the ISDA master agreement gives the non-defaulting party the right to net and close-out all transactions traded, whether or not arising under the ISDA agreement, to one net amount payable by one counterparty to the other. Early termination by the counterparty may result in an immediate payment by the Funds of any net liability owed to that counterparty under the ISDA agreement.

Collateral requirements differ by type of derivative. Collateral terms are contract specific for OTC derivatives. For OTC derivatives traded under an ISDA master agreement, posting of collateral is required by either the Fund or the applicable counterparty if the total net exposure of all OTC derivatives with the applicable counterparty exceeds the minimum transfer amount, which typically ranges from $100,000 to $250,000, and can vary depending on the counterparty and the type of the agreement. Generally, collateral is determined at the close of Fund business each day and any additional collateral required due to changes in derivative values may be delivered by the Fund or the counterparty the next business day, or within a few business days. Collateral pledged and/or received by the Fund, if any, is held in segregated accounts with the Fund’s custodian/counterparty broker and can be in the form of cash and/or securities. Unrestricted cash may be invested according to the Funds’ investment objectives. To the extent that the amounts due to the Fund from its counterparties are not subject to collateralization or are not fully collateralized, the Fund bears the risk of loss from counterparty non-performance.

 

Certain or all Funds entered into exchange traded futures contracts primarily to manage and/or gain exposure to equity price risk. A futures contract is an agreement between the Fund and a counterparty to buy or sell an asset at a specified price on a future date. Required initial margins are pledged by the Fund, and the daily change in fair value is accounted for as variation margin payable or receivable.

Certain or all Funds entered into OTC forward exchange contracts primarily to manage and/or gain exposure to certain foreign currencies. A forward exchange contract is an agreement between the Fund and a counterparty to buy or sell a foreign currency for a specific exchange rate on a future date.

Certain or all Funds entered into credit default swap contracts primarily to manage and/or gain exposure to credit risk. A credit default swap is an agreement between the Fund and a counterparty whereby the buyer of the contract receives credit protection and the seller of the contract guarantees the credit worthiness of a referenced debt obligation. These agreements may be privately negotiated in the over-the-counter market (OTC credit default swaps) or may be executed in a multilateral trade facility platform, such as a registered exchange (centrally cleared credit default swaps). The underlying referenced debt obligation may be a single issuer of corporate or sovereign debt, a credit index, a basket of issuers or indices, or a tranche of a credit index or basket of issuers or indices. In the event of a default of the underlying referenced debt obligation, the buyer is entitled to receive the notional amount of the credit default swap contract from the seller in exchange for the referenced debt obligation, a net settlement amount equal to the notional amount of the credit default swap less the recovery value of the referenced debt obligation, or other agreed upon amount. For centrally cleared credit default swaps, required initial margins are pledged by the Fund, and the daily change in fair value is accounted for as a variation margin payable or receivable. Over the term of the contract, the buyer pays the seller a periodic stream of payments, provided that no event of default has occurred. Such periodic payments are accrued daily as an unrealized appreciation or depreciation until the payments are made, at which time they are realized. Upfront payments and receipts represent compensating factors between stated terms of the credit default swap agreement and prevailing market conditions (credit spreads and other relevant factors). These upfront payments and receipts are amortized over the term of the contract as a realized gain or loss.

The following funds invested in derivatives during the period.

Franklin FTSE Asia ex Japan ETF –Futures Franklin FTSE Brazil ETF – Futures Franklin FTSE China ETF – Futures Franklin FTSE Europe ETF – Futures

Franklin FTSE Europe Hedged ETF – Forwards, Futures Franklin FTSE France ETF – Futures Franklin FTSE Hong Kong ETF – Futures Franklin FTSE India ETF – Futures Franklin FTSE Italy ETF – Futures Franklin FTSE Japan ETF – Futures Franklin FTSE Japan Hedged ETF – Forwards, Futures Franklin FTSE Latin America ETF – Futures Franklin FTSE Taiwan ETF – Futures Franklin FTSE United Kingdom ETF – Futures

Franklin Liberty Investment Grade Corporate ETF – Futures, Swaps Franklin LibertyQ Emerging Markets ETF – Futures Franklin LibertyQ Global Dividend ETF – Futures Franklin LibertyQ Global Equity ETF – Futures Franklin LibertyQ International Equity Hedged ETF – Forwards, Futures Franklin LibertyQ U.S. Equity ETF – Futures

4. CONCENTRATION OF RISK

Investing in foreign securities may include certain risks and considerations not typically associated with investing in U.S. securities, such as fluctuating currency values and changing local and regional economic, political and social conditions, which may result in greater market volatility. Current political and financial uncertainty surrounding the European Union may increase

 

market volatility and the economic risk of investing in securities in Europe. In addition, certain foreign securities may not be as liquid as U.S. securities.

The United States and other nations have imposed and could impose additional sanctions on certain issuers in Russia due to regional conflicts. These sanctions could result in the devaluation of Russia’s currency, a downgrade in Russian issuers’ cre dit ratings, or a decline in the value and liquidity of Russian stocks or other securities. Such sanctions could also adversely affect

Russia’s economy, possibly forcing the economy into a recession. Certain or all Funds may be prohibited from investing in securities issued by companies subject to such sanctions. In addition, if the Fund holds the securities of an issuer that is subject to such sanctions, an immediate freeze of that issuer’s securities could result, impairing the ability of the Fund to buy, sell, receive or deliver those securities. There is also the risk that countermeasures could be taken by Russia’s government, which could involve the seizure of the Fund’s assets. These risks could affect the value of the Funds’ portfolio. While the Funds hold securities of certain issuers impacted by the sanctions, existing investments do not presently violate the applicable terms and conditions of the sanctions. The sanctions currently do not affect the Fund's ability to sell these securities. At June 30, 2019, Franklin FTSE Russia ETF and Franklin LibertyQ Emerging Markets ETF had 99.3% and 8% of its net assets invested in Russia. The remaining Funds in the Trust did not have significant investment in Russia.

5. INVESTMENTS IN AFFILIATED MANAGEMENT INVESTMENT COMPANIES

Certain or all Funds invest in one or more affiliated management investment companies for purposes other than exercising a controlling influence over the management or policies. During the period ended June 30, 2019, investments in affiliated management investment companies were as follows:

                    Net Change in     Number of    
    Value at               Unrealized   Value at Shares    
                          Held at    
    Beginning           Realized   Appreciation   End of End of   Investment
                Gain              
    of Period   Purchases   Sales   (Loss)   (Depreciation)   Period Period   Income
Franklin FTSE Europe Hedged ETF                              
 
 
Non-Controlled Affiliates                             Dividend
                              Income
Institutional Fiduciary Trust Money Market $ 38 $ 112,449 $ (76,375 ) $ - $ - $ 36,112 36,112 $ 132
Portfolio 2.05%                              
 
Franklin FTSE Japan ETF                              
 
 
Non-Controlled Affiliates                             Dividend
                              Income
Institutional Fiduciary Trust Money Market $ 114,341 $ 3,192,047 $ (3,294,870 ) $ - $ - $ 11,517 11,517 $ 379
Portfolio 2.05%                              
                              Income from
Non-Controlled Affiliates                             securities
                              loaned
Institutional Fiduciary Trust Money Market $ 117,035 $ 233,360 $ (252,495 ) -   - $ 97,900 97,900 $ 1,712
Portfolio 2.05%                              
Total Affiliated Securities $ 231,376 $ 3,425,407 $ (3,547,365 ) $ - $ - $ 109,417 109,417 $ 2,091
 
 
Franklin FTSE Japan Hedged ETF                              
 
 
Non-Controlled Affiliates                             Dividend
                              Income
Institutional Fiduciary Trust Money Market $ 28,014 $ 89,146 $ (117,136 ) $ - $ - $ 23 23 $ 1,325
Portfolio 2.05%                              

 

 

Franklin FTSE South Korea ETF                            
 
                            Income from
Non-Controlled Affiliates                           securities
                            loaned
Institutional Fiduciary Trust Money Market $ - $ 64,622 $ (64,622 ) $ - $ - $ - - $ 657
Portfolio 2.05%                            
 
Franklin FTSE Asia ex Japan ETF                            
 
                            Income from
Non-Controlled Affiliates                           securities
                            loaned
Institutional Fiduciary Trust Money Market $ - $ 12,785 $ (12,785 ) $ - $ - $ - - $ -
Portfolio 2.05%                            
 
Franklin FTSE Russia ETF                            
 
                            Income from
Non-Controlled Affiliates                           securities
                            loaned
Institutional Fiduciary Trust Money Market $ - $ 1,728,315 $ (1,728,315 ) $ - $ - $ - - $ 359
Portfolio 2.05%                            
 
Franklin LibertyQ Emerging Markets                            
ETF                            
                            Income from
Non-Controlled Affiliates                           securities
                            loaned
Institutional Fiduciary Trust Money Market $ - $ 7,518,015 $ (7,518,015 ) $ - $ - $ - - $ 2,096
Portfolio 2.05%                            
 
Franklin LibertyQ Global Equity ETF                            
 
                            Income from
Non-Controlled Affiliates                           securities
                            loaned
Institutional Fiduciary Trust Money Market $ - $ 135,855 $ (135,855 ) $ - $ - $ - - $ 1,952
Portfolio 2.05%                            
 
Franklin LibertyQ Global Dividend ETF                            
 
                            Income from
Non-Controlled Affiliates                           securities
                            loaned
Institutional Fiduciary Trust Money Market $ - $ - $ -   $ - $ - $ - - $ 2,676
Portfolio 2.05%                            
 
Franklin LibertyQ U.S. Equity ETF                            
 
                            Income from
Non-Controlled Affiliates                           securities
                            loaned
Institutional Fiduciary Trust Money Market $ - $ 2,773,925 $ (2,773,925 ) $ $ - $ - - $ 84,997
Portfolio 2.05%               -            
 
Franklin LibertyQ U.S. Mid Cap Equity                            
ETF                            
                            Income from
Non-Controlled Affiliates                           securities
                            loaned
Institutional Fiduciary Trust Money Market $ 27,777 $ 120,281 $ (148,058 ) $ $ - $ - - $ 269
Portfolio 2.05%               -            

 

 

Franklin LibertyQ U.S. Small Cap                            
Equity ETF                            
                            Income from
Non-Controlled Affiliates                           securities
                            loaned
Institutional Fiduciary Trust Money Market $ 102,580 $ 2,887,063 $ (2,746,913 ) $ - $ - $ 242,730 242,730 $ 557
Portfolio 2.05%                            

 

6. FAIR VALUE MEASUREMENTS

The Funds follow a fair value hierarchy that distinguishes between market data obtained from independent sources (observable
inputs) and the Funds’ own market assumptions (unobservable inputs). These inputs are used in determining the value of the
Funds’ financial instruments and are summarized in the following fair value hierarchy:

• Level 1 – quoted prices in active markets for identical financial instruments

• Level 2 – other significant observable inputs (including quoted prices for similar financial instruments, interest rates,
prepayment speed, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Funds’ own assumptions in determining the fair value of financial
instruments)

The input levels are not necessarily an indication of the risk or liquidity associated with financial instruments at that level.

A summary of inputs used as of June 30, 2019, in valuing the Funds’ assets and liabilities carried at fair value, is as follows:

Franklin FTSE Asia ex Japan ETF   Level 1   Level 2   Level 3   Total
Assets:                
Investments in Securities:a                
Equity Investments:b                
South Korea $ 2,435,061 $ 91 $ 222 $ 2,435,374
Thailand   664,440   —c   —   664,440
Other Equity Investments   14,073,713   —   —   14,073,713
Total Investments in Securities $ 17,173,214 $ 91 $ 222 $ 17,173,527
Other Financial Instruments:                
Futures Contracts $ 2,298 $ — $ — $ 2,298
 
 
 
Franklin FTSE Australia ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 10,275,265 $ — $ — $ 10,275,265

 

 

Franklin FTSE Brazil ETF   Level 1   Level 2   Level 3   Total
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 21,741,209 $ — $ — $ 21,741,209
Other Financial Instruments:                
Futures Contracts $ 957 $ — $ — $ 957
 
 
 
Franklin FTSE Canada ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 5,040,828 $ — $ — $ 5,040,828
 
 
 
Franklin FTSE China ETF                
Assets:                
Investments in Securities:a                
Equity Investments:b                
China $ 40,527,243 $ 2,974 $ —c $ 40,530,217
Other Equity Investments   577,735   —   —   577,735
Total Investments in Securities $ 41,104,978 $ 2,974 $ —c $ 41,107,952
Other Financial Instruments:                
Futures Contracts $ 1,887 $ — $ — $ 1,887

 

Franklin FTSE Europe ETF                
Assets:                
Investments in Securities:a                
Equity Investments:b                
United Kingdom $ 30,261,188 $ 229,488 $ — $ 30,490,676
Other Equity Investments   84,025,191   —   —   84,025,191
Total Investments in Securities $ 114,286,379 $ 229,488 $ — $ 114,515,867
Other Financial Instruments:                
Futures Contracts $ 4,392 $ — $ — $ 4,392

 

 

Franklin FTSE Europe Hedged ETF   Level 1   Level 2   Level 3   Total
Assets:                
Investments in Securities:a                
Equity Investments:b                
United Kingdom $ 1,240,040 $ 9,273 $ — $ 1,249,313
Other Equity Investments   3,442,547   —   —   3,442,547
Short-Term Investments   36,112   —   —   36,112
Total Investments in Securities $ 4,718,699 $ 9,273 $ — $ 4,727,972
Other Financial Instruments:                
Forward Exchange Contracts $ — $ 126 $ — $ 126
Futures Contracts   238   —   —   238
Total Other Financial Instruments $ 238 $ 126 $   $ 364
Liabilities:                
Other Financial Instruments:                
Forward Exchange Contracts $ — $ 82,268 $ — $ 82,268
 
 
 
Franklin FTSE France ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 3,783,787 $ — $ — $ 3,783,787
Other Financial Instruments:                
Futures Contracts $ 22 $ — $ — $ 22
 
 
 
Franklin FTSE Germany ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 4,342,609 $ — $ — $ 4,342,609
 
 
 
Franklin FTSE Hong Kong ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 19,863,699 $ — $ — $ 19,863,699
Other Financial Instruments:                
Futures Contracts $ 409 $ — $ — $ 409

 

 

Franklin FTSE India ETF   Level 1   Level 2   Level 3   Total
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 8,109,274 $ — $ — $ 8,109,274
Other Financial Instruments:                
Futures Contracts $ 128 $ — $ — $ 128
 
 
 
Franklin FTSE Italy ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 10,378,278 $ — $ — $ 10,378,278
Liabilities:                
Other Financial Instruments:                
Futures Contracts $ 125 $ — $ — $ 125
 
 
 
Franklin FTSE Japan ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 241,988,629 $ — $ — $ 241,988,629
Short-Term Investments   109,417   —   —   109,417
Total Investments in Securities $ 242,098,046 $ — $ — $ 242,098,046
Other Financial Instruments:                
Futures Contracts $ 15,474 $ — $ — $ 15,474
 
 
 
Franklin FTSE Japan Hedged ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 4,447,146 $ — $ — $ 4,447,146
Short-Term Investments   23   —   —   23
Total Investments in Securities $ 4,447,169 $ — $ — $ 4,447,169
Other Financial Instruments:                
Forward Exchange Contracts $ — $ 53,467 $ — $ 53,467
Liabilities:                
Other Financial Instruments:                
Forward Exchange Contracts $ — $ 71,823 $ — $ 71,823
Futures Contracts   156   —   —   156
Total Other Financial Instruments $ 156 $ 71,823 $ — $ 71,979

 

 

Franklin FTSE Latin America ETF   Level 1   Level 2   Level 3   Total
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 2,700,380 $ — $ — $ 2,700,380
Other Financial Instruments:                
Futures Contracts $ 186 $ — $ — $ 186
 
 
 
Franklin FTSE Mexico ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 4,421,665 $ — $ — $ 4,421,665
 
 
 
Franklin FTSE Russia ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 14,867,988 $ — $ — $ 14,867,988
 
 
 
Franklin FTSE Saudi Arabia ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 2,755,973 $ — $ — $ 2,755,973
 
 
 
Franklin FTSE South Africa ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 2,785,928 $ — $ — $ 2,785,928
 
 
 
Franklin FTSE South Korea ETF                
Assets:                
Investments in Securities:a                
Equity Investments:b                
South Korea $ 16,538,649 $ 725 $ 1,874 $ 16,541,248

 

 

Franklin FTSE Switzerland ETF   Level 1   Level 2   Level 3   Total
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 5,117,554 $ — $ — $ 5,117,554
 
 
 
Franklin FTSE Taiwan ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 14,899,135 $ — $ — $ 14,899,135
Liabilities:                
Other Financial Instruments:                
Futures Contracts $ 84 $ — $ — $ 84
 
 
 
Franklin FTSE United Kingdom ETF                
Assets:                
Investments in Securities:a                
Equity Investments:b                
United Kingdom $ 26,211,736 $ 210,236 $ — $ 26,421,972
Other Equity Investments   2,100,651   —   —   2,100,651
Total Investments in Securities $ 28,312,387 $ 210,236 $ — $ 28,522,623
Liabilities:                
Other Financial Instruments:                
Futures Contracts $ 397 $ — $ — $ 397
 
 
 
Franklin Liberty High Yield                
Corporate ETF                
Assets:                
Investments in Securities: a                
Corporate Bonds & Notes $ — $ 10,031,902 $ — $ 10,031,902
Short-Term Investments   —   150,000   —   150,000
Total Investments in Securities $ — $ 10,181,902 $ — $ 10,181,902
 
 
Franklin Liberty Intermediate                
Municipal Opportunities ETF                
Assets:                
Investments in Securities:a                
Municipal Bonds $ — $ 7,442,373 $ — $ 7,442,373

 

 

Franklin Liberty International                
Aggregate Bond ETF   Level 1   Level 2   Level 3   Total
Assets:                
Investments in Securities: a                
Foreign Government and Agency                
Securities $ — $ 4,567,721 $ — $ 4,567,721
Corporate Bonds and Notes   —   423,554   —   423,554
Total Investments in Securities $ —   4,991,275 $ —   4,991,275
 
 
Franklin Liberty International                
Opportunities ETF                
Assets:                
Investments in Securities:a                
Equity Investments:b $ 9,528,513 $ — $ — $ 9,528,513
 
 
 
Franklin Liberty Investment Grade                
Corporate ETF                
Assets:                
Investments in Securities: a                
Corporate Bonds & Notes $ — $ 124,188,788 $ — $ 124,188,788
Short-Term Investments   —   1,080,000   —   1,080,000
Total Investments in Securities $ — $ 125,268,788 $ — $ 125,268,788
Other Financial Instruments:                
Futures Contracts $ 183,388 $ — $ — $ 183,388
Credit Default Swap Contracts   —   1,683   —   1,683
Total Other Financial Instruments $ 183,388 $ 1,683 $ — $ 185,071
Liabilities:                
Other Financial Instruments:                
Futures Contracts $ 110,196 $ — $ — $ 110,196
 
 
 
Franklin Liberty Municipal Bond ETF                
Assets:                
Investments in Securities: a                
Municipal Bonds $ — $ 13,979,592 $ — $ 13,979,592

 

 

Franklin Liberty Senior Loan ETF   Level 1   Level 2   Level 3   Total
Assets:                
Investments in Securities: a                
Senior Floating Rate Interests $ — $ 48,842,868 $ — $ 48,842,868
Asset-Backed Securities       5,874,059       5,874,059
Short-Term Investments   —   2,990,000   —   2,990,000
Total Investments in Securities $ — $ 57,706,927 $ — $ 57,706,927
 
 
Franklin Liberty U.S. Low Volatility                
ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 15,956,578 $ — $ — $ 15,956,578

 

Franklin LibertyQ Emerging Markets                
ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 354,772,255 $ — $ — $ 354,772,255
Other Financial Instruments:                
Futures Contracts $ 71,948 $ — $ — $ 71,948

 

Franklin LibertyQ Global Dividend                
ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 17,422,783 $ — $ — $ 17,422,783
Other Financial Instruments:                
Futures Contracts $ 87 $ — $ — $ 87

 

Franklin LibertyQ Global Equity ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 18,546,730 $ — $ — $ 18,546,730
Other Financial Instruments:                
Futures Contracts $ 131 $ — $ — $ 131

 

 

Franklin LibertyQ International                
Equity Hedged ETF   Level 1   Level 2   Level 3   Total
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 7,543,999 $ — $ — $ 7,543,999
Other Financial Instruments:                
Forward Exchange Contracts $ — $ 224 $ — $ 224
Futures Contracts   87   —   —   87
Total Other Financial Instruments: $ 87 $ 224 $ — $ 311
Liabilities:                
Other Financial Instruments:                
Forward Exchange Contracts $ — $ 89,579 $ — $ 89,579

 

Franklin LibertyQ U.S. Equity ETF                  
Assets:                  
Investments in Securities:a                  
Equity Investmentsb $ 1,181,980,386 $ — $ — $ 1,181,980,386
Other Financial Instruments:                  
Futures Contracts $ 17,208 $ — $ — $ 17,208
 
 
Franklin LibertyQ U.S. Mid Cap                  
Equity ETF                  
Assets:                  
Investments in Securities:a                  
Equity Investmentsb $ 10,879,433 $   — $ — $ 10,879,433
 
Franklin LibertyQ U.S. Small Cap                  
Equity ETF                  
Assets:                  
Investments in Securities:a                  
Equity Investmentsb $ 20,737,817 $   — $ — $ 20,737,817
Short-Term Investments   242,730     —   —   242,730
Total Investments in Securities $ 20,980,547 $   — $ — $ 20,980,547

 

aFor detailed categories, see the accompanying Statement of Investments.
bIncludes common and convertible preferred stocks, warrants, as well as other equity investments.
cIncludes securities determined to have no value at June 30, 2019

A reconciliation of assets in which Level 3 inputs are used in determining fair value is presented when there are significant Level 3
financial instruments at the beginning and/or end of the period.

 

7. SUBSEQUENT EVENTS

The Funds have evaluated subsequent events through the issuance of the Statements of Investments and determined that no events have occurred that require disclosure.