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FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Asia ex Japan ETF Industry Shares   Value
Common Stocks and Other Equity Interests 99.1%        
Cambodia 0.0%†        
NagaCorp Ltd. Hotels, Restaurants & Leisure 4,000 $ 5,241
China 43.1%        
360 Security Technology Inc., A Software 600   1,451
a 3SBio Inc. Biotechnology 4,000   3,647
a 51job Inc., ADR Professional Services 80   5,600
A-Living Services Co. Ltd., H Commercial Services & Supplies 1,000   4,437
  Electronic Equipment, Instruments &      
AAC Technologies Holdings Inc. Components 2,000   11,194
AECC Aero-Engine Control Co. Ltd. Aerospace & Defense 200   706
AECC Aviation Power Co. Ltd., A Aerospace & Defense 400   3,654
Agile Group Holdings Ltd. Real Estate Management & Development 4,000   5,324
Agricultural Bank of China Ltd., A Banks 28,400   13,726
Agricultural Bank of China Ltd., H Banks 98,000   35,894
Aier Eye Hospital Group Co. Ltd. Health Care Providers & Services 880   10,144
Air China Ltd., A Airlines 2,200   2,536
Air China Ltd., H Airlines 4,000   3,147
Airtac International Group Machinery 480   15,375
a Alibaba Group Holding Ltd., ADR Internet & Direct Marketing Retail 5,486   1,276,757
a Alibaba Health Information Technology Ltd. Health Care Technology 14,000   41,347
a Alpha Group Leisure Products 200   187
a Aluminum Corp. of China Ltd., A Metals & Mining 1,800   1,006
a Aluminum Corp. of China Ltd., H Metals & Mining 16,000   5,654
  Independent Power and Renewable      
An Hui Wenergy Co. Ltd. Electricity Producers 600   386
Angang Steel Co. Ltd. Metals & Mining 1,000   468
Angang Steel Co. Ltd., H Metals & Mining 4,000   1,630
Angel Yeast Co. Ltd., A Food Products 200   1,572
Anhui Anke Biotechnology Group Co. Ltd. Biotechnology 260   588
Anhui Conch Cement Co. Ltd., A Construction Materials 1,000   7,946
Anhui Conch Cement Co. Ltd., H Construction Materials 4,000   25,046
Anhui Expressway Co. Ltd., A Transportation Infrastructure 1,600   1,522
Anhui Gujing Distillery Co. Ltd., A Beverages 100   4,187
Anhui Gujing Distillery Co. Ltd., B Beverages 400   5,571
Anhui Xinhua Media Co. Ltd., A Distributors 200   146
Anhui Zhongding Sealing Parts Co. Ltd. Auto Components 200   360
Anta Sports Products Ltd. Textiles, Apparel & Luxury Goods 3,000   47,551
Autohome Inc., ADR Interactive Media & Services 180   17,932
  Electronic Equipment, Instruments &      
Avary Holding Shenzhen Co. Ltd., A Components 200   1,529
AVIC Aircraft Co. Ltd. Aerospace & Defense 600   3,388
Avic Capital Co. Ltd., A Diversified Financial Services 3,400   2,292
AVIC Electromechanical Systems Co. Ltd. Aerospace & Defense 600   1,057
Avic Heavy Machinery Co. Ltd., A Machinery 200   770
  Electronic Equipment, Instruments &      
AVIC Jonhon OptronicTechnology Co. Ltd. Components 200   2,410
AVIC Shenyang Aircraft Co. Ltd., A Aerospace & Defense 200   2,407
AviChina Industry & Technology Co. Ltd., H Aerospace & Defense 8,000   5,582
BAIC Motor Corp. Ltd., H Automobiles 8,000   2,961
a Baidu Inc., ADR Interactive Media & Services 838   181,209
Bank of Beijing Co. Ltd., A Banks 4,800   3,576
Bank of Changsha Co. Ltd., A Banks 600   879
Bank of Chengdu Co. Ltd., A Banks 200   328
Bank of China Ltd., A Banks 16,000   7,832
Bank of China Ltd., H Banks 238,000   81,340
Bank of Communications Co. Ltd., A Banks 8,000   5,517
Bank of Communications Co. Ltd., H Banks 24,000   12,690
Bank of Hangzhou Co. Ltd. Banks 1,400   3,215
Bank of Jiangsu Co. Ltd., A Banks 780   656
Bank of Nanjing Co. Ltd., A Banks 2,200   2,736

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Bank of Ningbo Co. Ltd., A Banks 1,200 6,528
Bank of Qingdao Co. Ltd., A Banks 200 183
Bank of Shanghai Co. Ltd., A Banks 3,080 3,717
Bank of Zhengzhou Co. Ltd. Banks 440 302
Baoshan Iron & Steel Co. Ltd., A Metals & Mining 4,000 3,663
BBMG Corp., A Construction Materials 3,800 1,737
BBMG Corp., H Construction Materials 8,000 1,548
Beijing Capital Co. Ltd., A Water Utilities 2,800 1,220
Beijing Capital Development Co. Ltd., A Real Estate Management & Development 400 361
Beijing Capital International Airport Co. Ltd. Transportation Infrastructure 4,000 3,338
Beijing Dabeinong Technology Group Co. Ltd. Food Products 600 892
Beijing Enlight Media Co. Ltd. Entertainment 400 743
Beijing Enterprises Holdings Ltd. Gas Utilities 2,000 6,526
Beijing Enterprises Water Group Ltd. Water Utilities 20,000 8,048
  Independent Power and Renewable    
Beijing Jingneng Clean Energy Co. Ltd., H Electricity Producers 4,000 1,310
Beijing Kunlun Tech Co. Ltd. Entertainment 400 1,228
Beijing New Building Materials PLC Building Products 400 2,466
Beijing North Star Co. Ltd., A Real Estate Management & Development 400 140
Beijing North Star Co. Ltd., H Real Estate Management & Development 4,000 748
Beijing Orient National Communication Science &Technology Co.      
Ltd. Software 200 337
Beijing Oriental Yuhong Waterproof Technology Co. Ltd. Construction Materials 600 3,583
Beijing Originwater Technology Co. Ltd. Commercial Services & Supplies 400 471
Beijing Sanju Environmental Protection and New Material Co. Ltd. Chemicals 200 175
Beijing Shiji Information Technology Co. Ltd. Software 400 1,914
Beijing Shunxin Agriculture Co. Ltd., A Beverages 200 2,233
Beijing Sinnet Technology Co. Ltd., A IT Services 400 1,057
Beijing SL Pharmaceutical Co. Ltd. Biotechnology 200 311
Beijing Tiantan Biological Products Corp. Ltd., A Biotechnology 240 1,540
a Beijing Ultrapower Software Co. Ltd. IT Services 400 315
Beijing Yanjing Brewery Co. Ltd. Beverages 400 525
  Electronic Equipment, Instruments &    
Beijing Zhong Ke San Huan High-Tech Co. Ltd. Components 200 291
Beijing-Shanghai High Speed Railway Co. Ltd. Road & Rail 2,000 1,742
Better Life Commercial Chain Share Co. Ltd. Food & Staples Retailing 200 260
a Bilibili Inc., ADR Entertainment 442 37,888
a Bluefocus Intelligent Communications Group Co. Ltd. Media 400 369
Bluestar Adisseo Co., A Chemicals 200 354
  Electronic Equipment, Instruments &    
BOE Technology Group Co. Ltd. Components 2,800 1,188
  Electronic Equipment, Instruments &    
BOE Technology Group Co. Ltd. Components 7,800 7,204
Bosideng International Holdings Ltd. Textiles, Apparel & Luxury Goods 8,000 4,075
Boya Bio-pharmaceutical Group Co. Ltd. Biotechnology 400 2,065
Bright Dairy & Food Co. Ltd., A Food Products 200 501
Brilliance China Automotive Holdings Ltd. Automobiles 8,000 7,284
BTG Hotels Group Co. Ltd., A Hotels, Restaurants & Leisure 200 653
Budweiser Brewing Co. APAC Ltd. Beverages 5,400 17,829
By-health Co. Ltd., A Personal Products 400 1,487
BYD Co. Ltd. Automobiles 400 11,963
BYD Co. Ltd., H Automobiles 2,200 57,654
BYD Electronic International Co. Ltd. Communications Equipment 2,500 13,090
Caitong Securities Co. Ltd., A Capital Markets 200 389
Camel Group Co. Ltd., A Electrical Equipment 260 374
a,b,c CanSino Biologics Inc., 144A, Reg S Pharmaceuticals 200 4,553
  Independent Power and Renewable    
CECEP Solar Energy Co. Ltd. Electricity Producers 800 895
  Independent Power and Renewable    
CECEP Wind-Power Corp Electricity Producers 400 211
a Central China Securities Co. Ltd., A Capital Markets 600 648
a Central China Securities Co. Ltd., H Capital Markets 2,000 433
Centre Testing International Group Co. Ltd., A Professional Services 400 1,685

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
  Independent Power and Renewable    
CGN Power Co. Ltd., A Electricity Producers 2,400 1,042
  Independent Power and Renewable    
CGN Power Co. Ltd., H Electricity Producers 38,000 8,184
Changchun High & New Technology Industry Group Inc. Pharmaceuticals 100 6,910
Changjiang Securities Co. Ltd. Capital Markets 2,000 2,586
Changzhou Xingyu Automotive LightingSystems Co. Ltd., A Auto Components 100 3,086
  Electronic Equipment, Instruments &    
Chaozhou Three-Circle Group Co. Ltd. Components 600 3,440
Chengdu Xingrong Environment Co. Ltd. Water Utilities 800 591
China Aerospace Times Electronics Co. Ltd., A Aerospace & Defense 400 461
China Aoyuan Group Ltd. Real Estate Management & Development 4,000 3,890
China Avic Avionics Equipment Co. Ltd., A Aerospace & Defense 200 605
China Baoan Group Co. Ltd. Industrial Conglomerates 200 232
a China Biologic Products Holdings Inc. Biotechnology 78 9,213
China Cinda Asset Management Co. Ltd., H Capital Markets 32,000 6,067
China CITIC Bank Corp. Ltd., A Banks 2,200 1,730
China CITIC Bank Corp. Ltd., H Banks 30,000 12,729
China Coal Energy Co. Ltd., A Oil, Gas & Consumable Fuels 600 411
China Coal Energy Co. Ltd., H Oil, Gas & Consumable Fuels 8,000 2,404
China Communications Services Corp. Ltd. Construction & Engineering 8,000 3,529
China Conch Venture Holdings Ltd. Construction & Engineering 5,000 24,310
China Construction Bank Corp., A Banks 1,600 1,547
China Construction Bank Corp., H Banks 290,000 220,291
a China COSCO Holdings Co. Ltd., A Marine 2,000 3,759
a China CSSC Holdings Ltd., A Machinery 600 1,634
China CYTS Tours Holding Co. Ltd., A Hotels, Restaurants & Leisure 200 316
b,c China East Education Holdings Ltd., 144A, Reg S Diversified Consumer Services 1,000 2,404
China Eastern Airlines Corp. Ltd., A Airlines 1,200 864
China Eastern Airlines Corp. Ltd., H Airlines 4,000 1,728
China Enterprise Co. Ltd., A Real Estate Management & Development 600 310
China Everbright Bank Co. Ltd., A Banks 8,600 5,282
China Everbright Bank Co. Ltd., H Banks 10,000 3,805
China Everbright Environment Group Ltd. Commercial Services & Supplies 10,503 5,933
China Everbright Ltd. Capital Markets 2,000 2,677
China Evergrande Group Real Estate Management & Development 8,000 15,373
b,c China Feihe Ltd., 144A, Reg S Food Products 8,000 18,736
China Film Co. Ltd., A Entertainment 200 384
China Fortune Land Development Co. Ltd., A Real Estate Management & Development 1,040 2,070
China Galaxy Securities Co. Ltd., A Capital Markets 400 770
China Galaxy Securities Co. Ltd., H Capital Markets 12,000 7,521
China Gas Holdings Ltd. Gas Utilities 8,000 31,778
China Gezhouba Group Co. Ltd., A Construction & Engineering 800 810
China Great Wall Securities Co. Ltd., A Capital Markets 400 792
  Technology Hardware, Storage &    
China Greatwall Technology Group Co. Ltd. Peripherals 400 1,169
China Hongqiao Group Ltd. Metals & Mining 9,000 8,241
China Huarong Asset Management Co. Ltd., H Capital Markets 36,000 3,993
a China International Capital Corp. Ltd., H Capital Markets 4,000 10,833
China International Marine Containers (Group) Co. Ltd., H Machinery 1,400 2,040
China International Marine Containers Group Co. Ltd. Machinery 600 1,384
China Jinmao Holdings Group Ltd. Real Estate Management & Development 20,000 9,208
China Jushi Co. Ltd., A Construction Materials 600 1,843
China Lesso Group Holdings Ltd. Building Products 3,000 4,697
China Life Insurance Co. Ltd., A Insurance 1,200 7,091
China Life Insurance Co. Ltd., H Insurance 23,000 50,723
a China Literature Ltd. Media 800 6,278
China Lodging Group Ltd., ADR Hotels, Restaurants & Leisure 590 26,568
  Independent Power and Renewable    
China Longyuan Power Group Corp. Electricity Producers 12,000 12,025
China Medical System Holdings Ltd. Pharmaceuticals 4,000 4,467
China Meheco Co. Ltd., A Trading Companies & Distributors 200 441
China Mengniu Dairy Co. Ltd. Food Products 8,000 48,286
China Merchants Bank Co. Ltd., A Banks 4,600 31,119

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
China Merchants Bank Co. Ltd., H Banks 12,000 75,833
China Merchants Energy Shipping Co. Ltd., A Oil, Gas & Consumable Fuels 2,400 2,087
China Merchants Expressway Network & Technology Holdings Co.      
Ltd. Transportation Infrastructure 200 212
China Merchants Port Holdings Co. Ltd. Transportation Infrastructure 4,000 4,896
China Merchants Securities Co. Ltd. Capital Markets 3,600 5,386
China Merchants Securities Co. Ltd., A Capital Markets 1,820 6,539
China Merchants Shekou Industrial Zone Holdings Co. Ltd., A Real Estate Management & Development 1,800 3,682
China Minsheng Banking Corp. Ltd., A Banks 6,400 5,123
China Minsheng Banking Corp. Ltd., H Banks 21,000 11,971
China Mobile Ltd. Wireless Telecommunication Services 16,500 94,056
China Molybdenum Co. Ltd., A Metals & Mining 3,600 3,463
China Molybdenum Co. Ltd., H Metals & Mining 12,000 7,831
China National Building Material Co. Ltd., H Construction Materials 12,000 14,424
China National Medicines Corp. Ltd., A Health Care Providers & Services 200 1,518
  Independent Power and Renewable    
China National Nuclear Power Co. Ltd., A Electricity Producers 3,800 2,878
China National Software & Service Co. Ltd., A Software 200 2,425
China Nonferrous Metal Industry's Foreign Engineeringand      
a Construction Co. Ltd. Metals & Mining 400 313
a China Northern Rare Earth Group High-Tech Co. Ltd., A Metals & Mining 600 1,209
China Oilfield Services Ltd., A Energy Equipment & Services 400 786
China Oilfield Services Ltd., H Energy Equipment & Services 6,000 5,076
China Orient Securities Co. Ltd., A Capital Markets 1,400 2,506
China Overseas Land & Investment Ltd. Real Estate Management & Development 12,000 26,093
China Pacific Insurance Group Co. Ltd., A Insurance 1,400 8,275
China Pacific Insurance Group Co. Ltd., H Insurance 8,400 32,879
China Petroleum & Chemical Corp., A Oil, Gas & Consumable Fuels 8,800 5,459
China Petroleum & Chemical Corp., H Oil, Gas & Consumable Fuels 80,000 35,802
  Independent Power and Renewable    
China Power International Development Ltd. Electricity Producers 16,000 3,425
China Railway Group Ltd., A Construction & Engineering 4,400 3,569
China Railway Group Ltd., H Construction & Engineering 14,000 6,175
  Electronic Equipment, Instruments &    
c China Railway Signal & Communication Corp. Ltd., H, Reg S Components 6,000 2,012
China Railway Tielong Container Logistics Co. Ltd., A Road & Rail 400 371
China Reinsurance Group Corp., H Insurance 22,000 2,270
China Resources Beer Holdings Co. Ltd. Beverages 5,200 47,883
China Resources Cement Holdings Ltd. Construction Materials 8,000 8,935
China Resources Double Crane Pharmaceutical Co. Ltd., A Pharmaceuticals 200 369
China Resources Gas Group Ltd. Gas Utilities 3,000 15,960
China Resources Land Ltd. Real Estate Management & Development 9,000 37,143
China Resources Pharmaceutical Group Ltd. Pharmaceuticals 6,000 3,080
  Independent Power and Renewable    
China Resources Power Holdings Co. Ltd. Electricity Producers 7,000 7,538
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd. Pharmaceuticals 200 768
China Satellite Communications Co. Ltd., A Media 600 1,675
China Shenhua Energy Co. Ltd., A Oil, Gas & Consumable Fuels 1,400 3,881
China Shenhua Energy Co. Ltd., H Oil, Gas & Consumable Fuels 11,000 20,712
a China Shipbuilding Industry Co. Ltd., A Machinery 5,600 3,612
China Shipping Container Lines Co. Ltd., A Trading Companies & Distributors 600 274
China Shipping Development Co. Ltd., A Oil, Gas & Consumable Fuels 400 411
China South Publishing & Media Group Co. Ltd., A Media 400 587
a China Southern Airlines Co. Ltd., A Airlines 2,800 2,569
a China Southern Airlines Co. Ltd., H Airlines 4,000 2,383
China State Construction Engineering Corp. Ltd., A Construction & Engineering 9,000 6,885
China State Construction International Holdings Ltd. Construction & Engineering 4,000 2,280
China Taiping Insurance Holdings Co. Ltd. Insurance 4,800 8,654
China Telecom Corp. Ltd., H Diversified Telecommunication Services 44,000 12,200
China Tourism Group Duty Free Corp. Ltd., A Specialty Retail 400 17,390
b,c China Tower Corp. Ltd., H, 144A, Reg S Diversified Telecommunication Services 152,000 22,348
China Traditional Chinese Medicine Co. Ltd. Pharmaceuticals 8,000 3,962
China TransInfo Technology Co. Ltd. IT Services 600 1,766
a China Travel International Investment Hong Kong Ltd. Hotels, Restaurants & Leisure 8,000 1,094

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
China Unicom (Hong Kong) Ltd. Diversified Telecommunication Services 20,000 11,478
China United Network Communications Ltd., A Wireless Telecommunication Services 7,200 4,943
China Vanke Co. Ltd., A Real Estate Management & Development 2,200 9,719
China Vanke Co. Ltd., H Real Estate Management & Development 6,000 20,699
  Independent Power and Renewable    
China Yangtze Power Co. Ltd., A Electricity Producers 3,000 8,848
China Zheshang Bank Co. Ltd., A Banks 2,200 1,382
a China Zhongwang Holdings Ltd. Metals & Mining 4,800 904
Chinese Universe Publishing and Media Group Co. Ltd., A Media 200 311
Chongqing Brewery Co. Ltd., A Beverages 200 3,663
a Chongqing Changan Automobile Co. Ltd. Automobiles 1,400 4,715
a Chongqing Changan Automobile Co. Ltd., B Automobiles 2,600 2,669
Chongqing Fuling Zhacai Group Co. Ltd., A Food Products 200 1,302
Chongqing Rural Commercial Bank Co. Ltd., A Banks 1,800 1,247
Chongqing Rural Commercial Bank Co. Ltd., H Banks 8,000 3,260
Chongqing Water Group Co. Ltd., A Water Utilities 200 158
Chongqing Zhifei Biological Products Co. Ltd. Biotechnology 300 6,830
Chow Tai Fook Jewellery Co. Ltd. Specialty Retail 5,600 7,042
CIFI Holdings Group Co. Ltd. Real Estate Management & Development 12,000 10,168
Cinda Real Estate Co. Ltd., A Real Estate Management & Development 400 249
a CITIC Guoan Information Industry Co. Ltd. Media 400 145
Citic Pacific Ltd. Industrial Conglomerates 16,000 11,329
Citic Pacific Special Steel Group Co. Ltd., A Metals & Mining 1,080 3,622
CITIC Securities Co. Ltd., A Capital Markets 2,200 9,956
CITIC Securities Co. Ltd., H Capital Markets 7,000 15,781
a CMST Development Co. Ltd., A Air Freight & Logistics 200 142
CNOOC Energy Technology & Services Ltd. Energy Equipment & Services 3,800 1,398
CNOOC Ltd. Oil, Gas & Consumable Fuels 49,000 45,374
Contemporary Amperex Technology Co. Ltd. Electrical Equipment 200 10,809
COSCO SHIPPING Development Co. Ltd., H Trading Companies & Distributors 16,000 2,600
COSCO SHIPPING Energy Transportation Co. Ltd., H Oil, Gas & Consumable Fuels 4,000 1,573
a COSCO Shipping Holdings Co. Ltd. Marine 8,000 9,595
COSCO SHIPPING Ports Ltd. Transportation Infrastructure 4,000 2,781
Country Garden Holdings Co. Ltd. Real Estate Management & Development 24,000 33,181
Country Garden Services Holdings Co. Ltd. Commercial Services & Supplies 4,000 27,058
CSC Financial Co. Ltd., A Capital Markets 200 1,293
CSC Financial Co. Ltd., H Capital Markets 3,000 3,985
CSG Holding Co. Ltd. Construction Materials 3,101 1,200
CSG Holding Co. Ltd. Construction Materials 400 454
CSPC Pharmaceutical Group Ltd. Pharmaceuticals 25,600 26,182
a CSSC Offshore and Marine Engineering Group Co. Ltd. Machinery 2,000 1,999
a CSSC Offshore and Marine Engineering Group Co. Ltd., A Machinery 200 818
Da An Gene Co. Ltd. of Sun Yat-Sen University Biotechnology 220 1,162
a Dada Nexus Ltd., ADR Internet & Direct Marketing Retail 60 2,190
Dali Foods Group Co. Ltd. Food Products 7,000 3,999
Dalian Port PDA Co. Ltd., A Transportation Infrastructure 1,400 416
Daqin Railway Co. Ltd., A Road & Rail 2,400 2,386
  Independent Power and Renewable    
Datang International Power Generation Co. Ltd., H Electricity Producers 16,000 2,063
Dazhong Transportation (Group) Co. Ltd., B Road & Rail 2,400 720
Dazhong Transportation Group Co. Ltd., A Road & Rail 800 435
DHC Software Co. Ltd. IT Services 600 767
Digital China Information Service Co. Ltd. IT Services 200 477
Dong-E-E-Jiao Co. Ltd., A Pharmaceuticals 200 1,192
Dongfang Electric Corp. Ltd., A Electrical Equipment 400 614
Dongfang Electric Corp. Ltd., H Electrical Equipment 800 585
Dongfeng Motor Group Co. Ltd., H Automobiles 8,000 9,327
Dongxing Securities Co. Ltd., A Capital Markets 400 820
a Doushen Beijing Education & Technology Inc. IT Services 200 300
East Money Information Co. Ltd. Capital Markets 1,800 8,589
ENN Ecological Holdings Co. Ltd., A Chemicals 200 418
ENN Energy Holdings Ltd. Gas Utilities 2,400 35,224
Eternal Asia Supply Chain Management Ltd. Commercial Services & Supplies 200 134
Eve Energy Co. Ltd. Electrical Equipment 380 4,767

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Everbright Securities Co. Ltd., A Capital Markets 1,200 3,421
Everbright Securities Co. Ltd., H Capital Markets 400 358
a Fangda Carbon New Material Co. Ltd. Electrical Equipment 560 609
Far East Horizon Ltd. Diversified Financial Services 6,000 6,183
a Faw Jiefang Group Co. Ltd. Automobiles 200 360
Fiberhome Telecommunication Technologies Co. Ltd., A Communications Equipment 400 1,483
  Electronic Equipment, Instruments &    
a FIH Mobile Ltd. Components 10,000 1,225
Financial Street Holdings Co. Ltd. Real Estate Management & Development 600 596
First Capital Securities Co. Ltd. Capital Markets 800 1,225
  Semiconductors & Semiconductor    
Flat Glass Group Co Ltd., H Equipment 2,000 8,422
Focus Media Information Technology Co. Ltd. Media 3,800 5,773
Foshan Haitian Flavouring & Food Co. Ltd. Food Products 240 7,408
Fosun International Ltd. Industrial Conglomerates 8,000 12,567
a Founder Securities Co. Ltd., A Capital Markets 2,400 3,831
  Electronic Equipment, Instruments &    
Foxconn Industrial Internet Co. Ltd., A Components 600 1,264
  Independent Power and Renewable    
Fujian Funeng Co. Ltd., A Electricity Producers 200 244
Fujian Longking Co. Ltd., A Machinery 200 273
Fujian Sunner Development Co. Ltd. Food Products 200 817
Fuyao Glass Industry Group Co. Ltd., A Auto Components 400 2,958
Fuyao Group Glass Industries Co. Ltd., H Auto Components 1,600 8,790
Ganfeng Lithium Co. Ltd. Metals & Mining 400 6,231
Ganfeng Lithium Co. Ltd., H Metals & Mining 400 4,777
  Semiconductors & Semiconductor    
a GCL System Integration Technology Co. Ltd. Equipment 800 523
a GDS Holdings Ltd., ADR IT Services 358 33,523
Geely Automobile Holdings Ltd. Automobiles 16,000 54,683
GEM Co. Ltd. Metals & Mining 800 861
Gemdale Corp., A Real Estate Management & Development 1,400 2,909
a Genscript Biotech Corp. Life Sciences Tools & Services 3,000 4,364
GF Securities Co. Ltd. Capital Markets 1,600 4,009
GF Securities Co. Ltd., H Capital Markets 5,200 7,350
  Semiconductors & Semiconductor    
Gigadevice Semiconductor Beijing Inc., A Equipment 100 3,040
a Global Top E-Commerce Co. Ltd. Internet & Direct Marketing Retail 200 158
Glodon Co. Ltd. Software 200 2,424
  Electronic Equipment, Instruments &    
GoerTek Inc. Components 800 4,596
a GOME Retail Holdings Ltd. Specialty Retail 30,000 3,598
Grandjoy Holdings Group Co. Ltd., A Real Estate Management & Development 400 271
Great Wall Motor Co. Ltd., A Automobiles 400 2,328
Great Wall Motor Co. Ltd., H Automobiles 10,000 34,306
Greattown Holdings Ltd., A Real Estate Management & Development 200 124
Gree Electric Appliances Inc. of Zhuhai Household Durables 600 5,720
Greendland Holdings Corp. Ltd., A Real Estate Management & Development 2,200 1,974
Greentown China Holdings Ltd. Real Estate Management & Development 3,000 4,387
  Technology Hardware, Storage &    
GRG Banking Equipment Co. Ltd. Peripherals 400 658
a GSX Techedu Inc., ADR Diversified Consumer Services 152 7,860
  Independent Power and Renewable    
Guangdong Baolihua New Energy Stock Co. Ltd. Electricity Producers 600 674
  Independent Power and Renewable    
Guangdong Electric Power Development Co. Ltd., B Electricity Producers 4,000 1,202
  Electronic Equipment, Instruments &    
Guangdong Ellington Electronics Technology Co. Ltd., A Components 200 245
a Guangdong Golden Dragon Development Inc. Capital Markets 200 487
Guangdong Haid Group Co. Ltd. Food Products 400 4,033
a Guangdong HEC Technology Holding Co. Ltd., A Metals & Mining 400 310
Guangdong Investment Ltd. Water Utilities 8,000 14,403
  Electronic Equipment, Instruments &    
Guangdong LY Intelligent Manufacturing Co. Ltd. Components 1,600 2,953

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Guangdong Xinbao Electrical Appliances Holdings Co. Ltd. Household Durables 200 1,301
a Guanghui Energy Co. Ltd., A Oil, Gas & Consumable Fuels 1,200 523
Guangshen Railway Co. Ltd., H Road & Rail 8,000 1,444
  Independent Power and Renewable    
Guangxi Guiguan Electric Power Co. Ltd., A Electricity Producers 600 412
Guangxi Liugong Machinery Co. Ltd. Machinery 800 906
Guangxi Wuzhou Zhongheng Group Co. Ltd., A Pharmaceuticals 1,000 473
Guangzhou Automobile Group Co. Ltd., A Automobiles 200 409
Guangzhou Automobile Group Co. Ltd., H Automobiles 10,000 11,117
Guangzhou Baiyun International Airport Co. Ltd., A Transportation Infrastructure 200 435
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., A Pharmaceuticals 600 2,701
Guangzhou Baiyunshan Pharmceutical Holdings Co. Ltd. Pharmaceuticals 600 1,472
Guangzhou Haige Communications Group Inc. Co. Communications Equipment 400 667
Guangzhou R&F Properties Co. Ltd., H Real Estate Management & Development 4,800 6,172
Guangzhou TInc.i Materials Technology Co. Ltd. Chemicals 200 3,195
Guangzhou Zhujiang Brewery Co. Ltd. Beverages 200 329
Guizhou Panjiang Refined Coal Co. Ltd., A Oil, Gas & Consumable Fuels 800 969
a Guizhou Xinbang Pharmaceutical Co. Ltd. Pharmaceuticals 200 261
a Guolian Securities Co. Ltd., A Capital Markets 400 1,313
Guosen Securities Co. Ltd. Capital Markets 1,400 2,939
a Guosheng Financial Holding Inc. Electrical Equipment 200 423
Guotai Junan Securities Co. Ltd. Capital Markets 3,200 4,663
Guotai Junan Securities Co. Ltd., A Capital Markets 1,600 4,317
a Guoxuan High-Tech Co. Ltd. Electrical Equipment 200 1,204
Guoyuan Securities Co. Ltd. Capital Markets 520 717
b,c Haidilao International Holding Ltd., 144A, Reg S Hotels, Restaurants & Leisure 2,600 20,018
Haier Smart Home Co. Ltd., A Household Durables 1,400 6,295
a Haier Smart Home Co. Ltd., H Household Durables 6,400 23,194
Haitian International Holdings Ltd. Machinery 2,000 6,913
Haitong Securities Co. Ltd., A Capital Markets 1,800 3,563
Haitong Securities Co. Ltd., H Capital Markets 11,200 10,010
Han's Laser Technology Industry Group Co. Ltd., A Machinery 200 1,316
a Hang Zhou Great Star Industrial Co. Ltd. Household Durables 200 958
Hangzhou Binjiang Real Estate Group Co. Ltd. Real Estate Management & Development 400 283
  Electronic Equipment, Instruments &    
Hangzhou Century Co. Ltd. Components 200 279
  Semiconductors & Semiconductor    
Hangzhou First Applied Material Co. Ltd., A Equipment 200 2,629
Hangzhou Oxygen Plant Group Co. Ltd. Machinery 200 896
Hangzhou Robam Appliances Co. Ltd., A Household Durables 200 1,255
Hangzhou Shunwang Technology Co. Ltd. Entertainment 200 528
Hangzhou Tigermed Consulting Co. Ltd. Life Sciences Tools & Services 200 4,975
a,b,c Hangzhou Tigermed Consulting Co. Ltd., H, 144A, Reg S Life Sciences Tools & Services 400 9,260
a Hansoh Pharmaceutical Group Co. Ltd. Pharmaceuticals 3,000 14,548
Health & Happiness H&H International Holdings Ltd. Food Products 500 1,851
Heilongjiang Agriculture Co. Ltd., A Food Products 400 1,185
Henan Shuanghui Investment & Development Co. Ltd. Food Products 800 5,780
Henan Zhongyuan Expressway Co. Ltd., A Transportation Infrastructure 400 209
Hengan International Group Co. Ltd. Personal Products 2,000 14,161
  Electronic Equipment, Instruments &    
Hengdian Group DMEGC Magnetics Co. Ltd. Components 400 935
Hengli Petrochemical Co. Ltd., A Chemicals 960 4,133
a HengTen Networks Group Ltd. Internet & Direct Marketing Retail 48,000 1,640
Hengtong Optic-electric Co. Ltd., A Communications Equipment 600 1,292
Hengyi Petrochemical Co. Ltd., A Chemicals 600 1,182
a Hesteel Co. Ltd. Metals & Mining 1,400 483
Hithink RoyalFlush Information Network Co. Ltd. Capital Markets 100 1,908
  Electronic Equipment, Instruments &    
Holitech Technology Co. Ltd. Components 400 252
Hongfa Technology Co. Ltd., A Electrical Equipment 200 1,669
Hongta Securities Co. Ltd., A Capital Markets 400 1,145
Hopson Development Holdings Ltd. Real Estate Management & Development 2,000 5,097
  Semiconductors & Semiconductor    
a,c Hua Hong Semiconductor Ltd., Reg S Equipment 1,000 5,675

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Huaan Securities Co. Ltd., A Capital Markets 400 493
Huabao Flavours & Fragrances Co. Ltd. Chemicals 200 1,689
  Independent Power and Renewable    
Huadian Power International Corp. Ltd., A Electricity Producers 600 314
  Independent Power and Renewable    
Huadian Power International Corp. Ltd., H Electricity Producers 8,000 2,012
Huadong Medicine Co. Ltd., A Health Care Providers & Services 200 818
Huafa Industrial Co. Ltd. Zhuhai, A Real Estate Management & Development 400 382
  Electronic Equipment, Instruments &    
Huagong Tech Co. Ltd. Components 200 714
Hualan Biological Engineering Inc. Biotechnology 520 3,381
  Independent Power and Renewable    
Huaneng Power International Inc., A Electricity Producers 800 552
  Independent Power and Renewable    
Huaneng Power International Inc., H Electricity Producers 16,000 5,840
Huapont Life Sciences Co. Ltd. Chemicals 600 512
Huatai Securities Co. Ltd., A Capital Markets 1,400 3,881
Huatai Securities Co. Ltd., H Capital Markets 5,200 8,182
Huaxi Securities Co. Ltd. Capital Markets 400 768
Huaxia Bank Co. Ltd., A Banks 3,400 3,271
Huaxin Cement Co. Ltd., A Construction Materials 200 635
Huaxin Cement Co. Ltd., B Construction Materials 1,000 2,167
Huayu Automotive Systems Co. Ltd. Auto Components 800 3,549
Hubei Biocause Pharmaceutical Co. Ltd. Insurance 1,400 1,049
  Independent Power and Renewable    
Hubei Energy Group Co. Ltd. Electricity Producers 800 478
Hubei Xinyangfeng Fertilizer Co. Ltd. Chemicals 400 985
Huizhou Desay Sv Automotive Co. Ltd. Household Durables 100 1,295
Humanwell Healthcare Group Co. Ltd., A Pharmaceuticals 200 1,043
Hunan Gold Corp. Ltd. Metals & Mining 200 262
Hunan Valin Steel Co. Ltd. Metals & Mining 600 441
Hundsun Technologies Inc., A Software 200 3,229
Huolinhe Opencut Coal Industry Corp. Ltd. of Inner Mongolia Oil, Gas & Consumable Fuels 200 337
a Hytera Communications Corp. Ltd., A Communications Equipment 200 189
a HyUnion Holding Co. Ltd. Auto Components 200 227
Iflytek Co. Ltd. Software 400 2,516
Industrial and Commercial Bank of China Ltd. Banks 16,800 12,904
Industrial and Commercial Bank of China Ltd., H Banks 246,000 159,583
Industrial Bank Co. Ltd., A Banks 4,600 14,777
Industrial Securities Co. Ltd., A Capital Markets 2,400 3,207
a Inner Mongolia BaoTou Steel Union Co. Ltd., A Metals & Mining 12,200 2,197
Inner Mongolia First Machinery Group Co. Ltd., A Machinery 200 374
  Independent Power and Renewable    
Inner Mongolia MengDian HuaNeng Thermal Power Co. Ltd., A Electricity Producers 1,200 475
Inner Mongolia Yili Industrial Group Co. Ltd., A Food Products 1,200 8,196
Inner Mongolia Yitai Coal Co. Ltd., B Oil, Gas & Consumable Fuels 2,400 1,344
a Innovent Biologics Inc. Biotechnology 4,000 42,327
  Technology Hardware, Storage &    
Inspur Electronic Information Industry Co. Ltd. Peripherals 424 1,754
Intco Medical Technology Co. Ltd. Health Care Equipment & Supplies 100 2,588
a Iqiyi Inc., ADR Entertainment 714 12,481
Jafron Biomedical Co. Ltd., A Health Care Equipment & Supplies 200 2,088
Jason Furniture Hangzhou Co. Ltd., A Household Durables 200 2,171
a JD Health International Inc. Internet & Direct Marketing Retail 500 9,673
a JD.com Inc., ADR Internet & Direct Marketing Retail 2,740 240,846
Jiangsu Expressway Co. Ltd., A Transportation Infrastructure 200 284
Jiangsu Expressway Co. Ltd., H Transportation Infrastructure 4,000 4,473
Jiangsu Hengli Hydraulic Co. Ltd., A Machinery 296 5,148
Jiangsu Hengrui Medicine Co. Ltd., A Pharmaceuticals 1,260 21,617
Jiangsu King's Luck Brewery JSC Ltd Beverages 200 1,766
Jiangsu Yanghe Brewery JST Co. Ltd., A Beverages 400 14,530
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd. Health Care Equipment & Supplies 200 868
Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd. Banks 200 188
Jiangsu Zhongnan Construction Group Co. Ltd. Real Estate Management & Development 400 544

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Jiangsu Zhongtian Technology Co. Ltd., A Electrical Equipment 400 667
Jiangxi Copper Co. Ltd., A Metals & Mining 400 1,228
Jiangxi Copper Co. Ltd., H Metals & Mining 4,000 6,283
Jiangxi Zhengbang Technology Co. Ltd., A Food Products 400 1,049
Jiayuan International Group Ltd. Real Estate Management & Development 4,000 1,584
Jilin Aodong Pharmaceutical Group Co. Ltd. Pharmaceuticals 400 1,014
Jinduicheng Molybdenum Co. Ltd., A Metals & Mining 600 574
Jinke Properties Group Co. Ltd. Real Estate Management & Development 800 873
b,c Jinxin Fertility Group Ltd., 144A, Reg S Health Care Providers & Services 4,000 8,151
Jinyu Bio-Technology Co. Ltd., A Biotechnology 600 1,929
Jiuzhitang Co. Ltd. Pharmaceuticals 200 242
Jizhong Energy Resources Co. Ltd. Oil, Gas & Consumable Fuels 1,000 640
JoInc.are Pharmaceutical Group Industry Co. Ltd., A Pharmaceuticals 400 856
  Independent Power and Renewable    
Jointo Energy Investment Co. Ltd. Electricity Producers 200 173
a Jointown Pharmaceutical Group Co. Ltd., A Health Care Providers & Services 200 559
Jonjee Hi-Tech Industrial And Commercial Holding Co. Ltd., A Food Products 200 2,052
Joyoung Co. Ltd. Household Durables 200 986
JOYY Inc., ADR Interactive Media & Services 166 13,277
a KE Holdings Inc., ADR Real Estate Management & Development 340 20,924
Kerry Logistics Network Ltd. Air Freight & Logistics 2,000 4,385
  Electronic Equipment, Instruments &    
Kingboard Holdings Ltd. Components 2,000 8,435
Kingdee International Software Group Co. Ltd. Software 8,000 32,603
Kingfa Sci & Tech Co. Ltd. Chemicals 600 1,583
a Kingsoft Cloud Holdings Ltd., ADR IT Services 100 4,355
Kingsoft Corp. Ltd. Software 3,000 19,345
a Kuang-Chi Technologies Co. Ltd. Auto Components 400 1,370
Kunlun Energy Co. Ltd. Gas Utilities 8,000 6,913
Kweichow Moutai Co. Ltd., A Beverages 300 92,263
KWG Group Holdings Ltd. Real Estate Management & Development 4,000 5,458
a,c KWG Living Group Holdings Ltd., Reg S Real Estate Management & Development 2,000 1,625
Lakala Payment Co. Ltd., A IT Services 200 921
Lao Feng Xiang Co. Ltd., B Textiles, Apparel & Luxury Goods 600 1,739
Laobaixing Pharmacy Chain JSC Food & Staples Retailing 200 1,934
Lee & Man Paper Manufacturing Ltd. Paper & Forest Products 4,000 3,276
  Technology Hardware, Storage &    
Legend Holdings Corp., H Peripherals 1,800 2,363
  Technology Hardware, Storage &    
Lenovo Group Ltd. Peripherals 24,000 22,657
  Electronic Equipment, Instruments &    
Lens Technology Co. Ltd. Components 200 942
Leo Group Co. Ltd. Media 1,200 560
Lepu Medical Technology Beijing Co. Ltd. Health Care Equipment & Supplies 400 1,673
  Electronic Equipment, Instruments &    
Leyard Optoelectronic Co. Ltd. Components 200 196
a Li Auto Inc., ADR Automobiles 290 8,361
Li Ning Co. Ltd. Textiles, Apparel & Luxury Goods 6,500 44,681
Liaoning Cheng Da Co. Ltd., A Distributors 400 1,497
Liuzhou Iron & Steel Co. Ltd., A Metals & Mining 200 160
Livzon Pharmaceutical Group Inc., H Pharmaceuticals 600 2,325
Logan Group Co. Ltd. Real Estate Management & Development 4,000 6,552
Lomon Billions Group Co. Ltd. Chemicals 200 947
Loncin Motor Co. Ltd., A Automobiles 400 216
b,c Longfor Group Holdings Ltd., 144A, Reg S Real Estate Management & Development 5,500 32,203
  Semiconductors & Semiconductor    
LONGi Green Energy Technology Co. Ltd., A Equipment 800 11,354
a Lufax Holding Ltd., ADR Consumer Finance 540 7,668
Luxi Chemical Group Co. Ltd. Chemicals 400 787
  Electronic Equipment, Instruments &    
Luxshare Precision Industry Co. Ltd., A Components 1,595 13,778
Luye Pharma Group Ltd. Pharmaceuticals 6,000 2,793
Luzhou Laojiao Co. Ltd., A Beverages 300 10,444
Maanshan Iron & Steel Co. Ltd., A Metals & Mining 800 328

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Maanshan Iron & Steel Co. Ltd., H Metals & Mining 4,000 1,104
Mango Excellent Media Co. Ltd. Entertainment 540 6,026
a Meinian Onehealth Healthcare Holdings Co. Ltd. Health Care Providers & Services 520 907
a,c Meituan Dianping, B, Reg S, B, Reg S Internet & Direct Marketing Retail 11,200 425,533
Metallurgical Corp. of China Ltd. Construction & Engineering 10,000 1,767
Metallurgical Corp. of China Ltd., A Construction & Engineering 2,800 1,177
Microport Scientific Corp. Health Care Equipment & Supplies 2,000 10,820
Minth Group Ltd. Auto Components 2,000 10,550
a MMG Ltd. Metals & Mining 8,000 3,477
Momo Inc., ADR Interactive Media & Services 456 6,366
a Montnets Rongxin Technology Group Co. Ltd. Software 200 438
Muyuan Foods Co. Ltd. Food Products 740 8,782
NanJi E-Commerce Co. Ltd. Media 400 842
Nanjing Iron & Steel Co. Ltd., A Metals & Mining 600 288
Nanjing Securities Co. Ltd., A Capital Markets 200 378
Nari Technology Development Co. Ltd., A Electrical Equipment 1,000 4,090
  Semiconductors & Semiconductor    
NAURA Technology Group Co. Ltd., A Equipment 100 2,782
NavInfo Co. Ltd. Household Durables 200 439
NetEase Inc., ADR Entertainment 1,180 113,009
New China Life Insurance Co. Ltd., A Insurance 600 5,354
New China Life Insurance Co. Ltd., H Insurance 3,000 11,704
New Hope Liuhe Co. Ltd. Food Products 1,000 3,448
a New Oriental Education & Technology Group Inc., ADR Diversified Consumer Services 460 85,473
Newland Digital Technology Co. Ltd. Software 200 470
Nexteer Automotive Group Ltd. Auto Components 2,000 2,149
Nine Dragons Paper Holdings Ltd. Paper & Forest Products 6,000 8,512
  Technology Hardware, Storage &    
Ninestar Corp. Peripherals 400 1,646
Ningbo Joyson Electronic Corp. Auto Components 600 2,342
Ningbo Sanxing Medical Electric Co. Ltd., A Electrical Equipment 200 205
Ningbo Tuopu Group Co. Ltd., A Auto Components 200 1,183
Ningbo Zhoushan Port Co. Ltd., A Transportation Infrastructure 3,200 1,931
Ningxia Baofeng Energy Group Co. Ltd. Chemicals 1,000 1,801
a,d NIO Inc., ADR Automobiles 3,434 167,373
North Huajin Chemical Industries Co. Ltd. Chemicals 800 680
Northeast Securities Co. Ltd. Capital Markets 400 605
NSFOCUS Information Technology Co. Ltd. Software 200 470
Oceanwide Holdings Co. Ltd. Diversified Financial Services 400 202
Offcn Education Technology Co. Ltd., A Diversified Consumer Services 400 2,163
Offshore Oil Engineering Co. Ltd., A Energy Equipment & Services 1,000 691
  Electronic Equipment, Instruments &    
OFILM Group Co. Ltd. Components 400 811
a OneConnect Financial Technology Co. Ltd., ADR Software 160 3,154
Oppein Home Group Inc., A Household Durables 100 2,070
ORG Technology Co. Ltd. Containers & Packaging 400 304
Orient Securities Co. Ltd. of China, H Capital Markets 3,200 2,253
Oriental Pearl Group Co. Ltd., A Media 1,400 1,927
a Ourpalm Co. Ltd. Entertainment 800 629
a Pangang Group Vanadium Titanium & Resources Co. Ltd., A Metals & Mining 1,400 468
People.cn Co. Ltd., A Media 400 1,041
Perfect World Co. Ltd. Entertainment 400 1,816
PetroChina Co. Ltd., H Oil, Gas & Consumable Fuels 68,000 21,048
b,c Pharmaron Beijing Co. Ltd., H, 144A, Reg S Life Sciences Tools & Services 400 6,758
PICC Property and Casualty Co. Ltd., H Insurance 20,000 15,141
a Pinduoduo Inc., ADR Internet & Direct Marketing Retail 892 158,482
Ping An Bank Co. Ltd., A Banks 4,200 12,503
a,c Ping An Healthcare and Technology Co. Ltd., Reg S Health Care Technology 1,200 14,548
Ping An Insurance (Group) Co. of China Ltd., H Insurance 18,500 226,662
Ping An Insurance Group Co. of China Ltd., A Insurance 2,400 32,132
Pingdingshan Tianan Coal Mining Co. Ltd., A Oil, Gas & Consumable Fuels 600 548
Poly Developments and Holdings Group Co. Ltd., A Real Estate Management & Development 3,000 7,305
Poly Property Group Co. Ltd. Real Estate Management & Development 4,000 1,171
Poly Property Services Co. Ltd., H Real Estate Management & Development 400 3,152

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Postal Savings Bank of China Co. Ltd., H Banks 32,000 18,076
Power Construction Corp. of China Ltd. Construction & Engineering 2,600 1,553
Qingdao Port International Co. Ltd., A Transportation Infrastructure 200 198
c Qingdao Port International Co. Ltd., H, Reg S Transportation Infrastructure 4,000 2,471
Qingdao TGOOD Electric Co. Ltd. Electrical Equipment 200 904
Qinhuangdao Port Co. Ltd., A Transportation Infrastructure 3,200 1,389
Rainbow Department Store Co. Ltd. Multiline Retail 200 235
a Realcan Pharmaceutical Group Co. Ltd. Health Care Providers & Services 200 161
Red Star Macalline Group Corp. Ltd. Real Estate Management & Development 2,000 1,215
Red Star Macalline Group Corp. Ltd., A Real Estate Management & Development 220 288
RiseSun Real Estate Development Co. Ltd. Real Estate Management & Development 600 603
Rongsheng Petro Chemical Co. Ltd. Chemicals 200 850
SAIC Motor Corp Ltd Automobiles 2,400 9,029
  Semiconductors & Semiconductor    
Sanan Optoelectronics Co. Ltd., A Equipment 1,000 4,158
Sangfor Technologies Inc., A Software 100 3,818
Sansteel Minguang Co. Ltd. Metals & Mining 400 414
Sany Heavy Industry Co. Ltd., A Machinery 1,800 9,692
SDIC Capital Co. Ltd., A Capital Markets 400 852
  Independent Power and Renewable    
SDIC Power Holdings Co. Ltd., A Electricity Producers 1,000 1,330
Sealand Securities Co. Ltd. Capital Markets 780 704
Seazen Group Ltd. Real Estate Management & Development 8,000 6,655
Seazen Holdings Co. Ltd., A Real Estate Management & Development 600 3,217
SF Holding Co. Ltd. Air Freight & Logistics 600 8,149
Shaanxi Coal Industry Co. Ltd. Oil, Gas & Consumable Fuels 1,000 1,438
Shaanxi International Trust Co. Ltd. Capital Markets 400 232
Shandong Chenming Paper Holdings Ltd. Paper & Forest Products 1,000 988
Shandong Chenming Paper Holdings Ltd., B Paper & Forest Products 2,800 1,029
Shandong Chenming Paper Holdings Ltd., H Paper & Forest Products 1,000 481
b,c Shandong Gold Mining Co. Ltd., 144A, Reg S Metals & Mining 1,500 3,463
Shandong Gold Mining Co. Ltd., A Metals & Mining 1,120 4,072
Shandong Hi-speed Co. Ltd., A Transportation Infrastructure 600 571
Shandong Hualu Hengsheng Chemical Co. Ltd., A Chemicals 200 1,148
Shandong Humon Smelting Co. Ltd. Metals & Mining 200 400
Shandong Linglong Tyre Co. Ltd., A Auto Components 200 1,083
Shandong Nanshan Aluminum Co. Ltd., A Metals & Mining 2,800 1,362
Shandong Publishing & Media Co. Ltd., A Media 400 348
Shandong Sinocera Functional Material Co. Ltd., A Chemicals 200 1,389
Shandong Sun Paper Industry JSC Ltd. Paper & Forest Products 400 888
Shandong Weigao Group Medical Polymer Co. Ltd., H Health Care Equipment & Supplies 8,000 18,076
a Shandong XInc.hao Energy Corp. Ltd., A Oil, Gas & Consumable Fuels 400 95
Shanghai 2345 Network Holding Group Co. Ltd. Software 600 209
Shanghai AJ Group Co. Ltd., A Diversified Financial Services 200 232
Shanghai Baosight Software Co. Ltd., A Software 200 2,124
Shanghai Baosight Software Co. Ltd., B Software 1,200 4,880
Shanghai Construction Group Co. Ltd., A Construction & Engineering 1,400 649
Shanghai Dazhong Public Utilities Group Co. Ltd., A Gas Utilities 400 255
a Shanghai Electric Group Co. Ltd., A Electrical Equipment 1,000 831
a Shanghai Electric Group Co. Ltd., H Electrical Equipment 12,000 3,683
  Independent Power and Renewable    
Shanghai Electric Power Co. Ltd., A Electricity Producers 200 219
Shanghai Environment Group Co. Ltd., A Commercial Services & Supplies 200 336
Shanghai Fosun Pharmaceutical Group Co. Ltd., A Pharmaceuticals 400 3,324
Shanghai Fosun Pharmaceutical Group Co. Ltd., H Pharmaceuticals 2,000 9,557
Shanghai Huayi Group Co. Ltd., B Chemicals 1,200 553
Shanghai Industrial Development Co. Ltd., A Real Estate Management & Development 200 151
Shanghai Industrial Holdings Ltd. Industrial Conglomerates 2,000 2,734
Shanghai International Airport Co. Ltd., A Transportation Infrastructure 400 4,658
Shanghai International Port Group Co. Ltd., A Transportation Infrastructure 3,400 2,392
Shanghai Jahwa United Co. Ltd., A Personal Products 400 2,138
Shanghai Jinjiang International Hotels Co. Ltd. Hotels, Restaurants & Leisure 600 1,176
a,b,c Shanghai Junshi Biosciences Co. Ltd., H, 144A, Reg S Biotechnology 400 2,930
Shanghai Lingang Holdings Corp. Ltd. Real Estate Management & Development 400 1,233

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., B Real Estate Management & Development 4,280 3,347
Shanghai M&G Stationery Inc., A Commercial Services & Supplies 200 2,726
Shanghai Mechanical and Electrical Industry Co. Ltd., A Machinery 200 599
Shanghai Pharmaceuticals Holding Co. Ltd., A Health Care Providers & Services 400 1,182
Shanghai Pharmaceuticals Holding Co. Ltd., H Health Care Providers & Services 3,000 5,285
Shanghai Pudong Development Bank Co. Ltd., A Banks 6,000 8,940
Shanghai Putailai New Energy Technology Co. Ltd., A Chemicals 200 3,460
Shanghai RAAS Blood Products Co. Ltd., A Biotechnology 1,000 1,139
Shanghai Shibei Hi-Tech Co. Ltd., B Real Estate Management & Development 1,800 610
Shanghai Shimao Co. Ltd., A Real Estate Management & Development 800 568
Shanghai Tunnel Engineering Co. Ltd., A Construction & Engineering 800 666
Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd. Trading Companies & Distributors 800 736
Shanghai Yuyuan Tourist Mart Group Co. Ltd., A Specialty Retail 600 821
Shanghai Zhangjiang High-Tech Park Development Co. Ltd., A Real Estate Management & Development 200 525
Shanghai Zhenhua Port Machinery Co. Ltd., B Machinery 4,080 1,053
a Shangri-La Asia Ltd. Hotels, Restaurants & Leisure 4,000 3,565
Shanxi Lu'an Environmental Energy Development Co. Ltd., A Oil, Gas & Consumable Fuels 400 400
Shanxi Securities Co. Ltd. Capital Markets 520 716
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., A Beverages 200 11,553
Shanxi Xishan Coal & Electricity Power Co. Ltd. Oil, Gas & Consumable Fuels 780 677
a Shanying International Holding Co. Ltd., A Paper & Forest Products 600 279
a Shenghe Resources Holding Co. Ltd., A Metals & Mining 200 274
  Electronic Equipment, Instruments &    
Shengyi Technology Co. Ltd., A Components 800 3,468
Shenwan Hongyuan Group Co. Ltd. Capital Markets 4,400 3,576
b,c Shenwan Hongyuan Group Co. Ltd., 144A, Reg S Capital Markets 9,600 2,749
Shenzhen Accord Pharmaceutical Co. Ltd., B Health Care Providers & Services 600 1,735
Shenzhen Agricultural Products Group Co. Ltd. Food & Staples Retailing 200 217
Shenzhen Airport Co. Ltd. Transportation Infrastructure 400 503
  Electronic Equipment, Instruments &    
Shenzhen Aisidi Co. Ltd. Components 200 230
  Independent Power and Renewable    
Shenzhen Energy Group Co. Ltd. Electricity Producers 480 450
  Electronic Equipment, Instruments &    
Shenzhen Everwin Precision Technology Co. Ltd. Components 200 759
Shenzhen Expressway Co. Ltd., H Transportation Infrastructure 4,000 3,766
Shenzhen Gas Corporation Ltd., A Gas Utilities 600 669
a Shenzhen Hepalink Pharmaceutical Group Co. Ltd., H Pharmaceuticals 500 763
Shenzhen Huaqiang Industry Co. Ltd. Real Estate Management & Development 200 383
Shenzhen Inovance Technology Co. Ltd. Machinery 400 5,744
Shenzhen International Holdings Ltd. Transportation Infrastructure 3,000 4,844
Shenzhen Investment Ltd. Real Estate Management & Development 12,000 4,117
Shenzhen Jinjia Group Co. Ltd. Containers & Packaging 200 284
  Technology Hardware, Storage &    
Shenzhen Kaifa Technology Co. Ltd. Peripherals 200 585
Shenzhen Kangtai Biological Products Co. Ltd. Biotechnology 200 5,372
Shenzhen Kingdom Sci-Tech Co. Ltd., A Software 200 499
  Electronic Equipment, Instruments &    
Shenzhen Kinwong Electronic Co. Ltd., A Components 400 1,856
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., A Health Care Equipment & Supplies 200 13,114
a Shenzhen MTC Co. Ltd. Household Durables 400 382
Shenzhen Overseas Chinese Town Co. Ltd. Hotels, Restaurants & Leisure 1,400 1,528
Shenzhen Salubris Pharmaceuticals Co. Ltd. Pharmaceuticals 200 872
Shenzhen Sunway Communication Co. Ltd. Communications Equipment 200 1,105
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., A Metals & Mining 600 445
Shenzhou International Group Holdings Ltd. Textiles, Apparel & Luxury Goods 2,400 47,048
a Shijiazhuang Changshan BeiMing Technology Co. Ltd. Textiles, Apparel & Luxury Goods 200 191
Shijiazhuang Yiling Pharmaceutical Co. Ltd. Pharmaceuticals 200 785
Shimao Group Holdings Ltd. Real Estate Management & Development 4,500 14,335
Shougang Fushan Resources Group Ltd. Metals & Mining 12,000 2,817
Shui On Land Ltd. Real Estate Management & Development 13,000 1,811
a Siasun Robot & Automation Co. Ltd. Machinery 200 379
Sichuan Expressway Co. Ltd., A Transportation Infrastructure 2,400 1,175
a Sichuan Hebang Biotechnology Co. Ltd., A Chemicals 1,200 262

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Sichuan Kelun Pharmaceutical Co. Ltd. Pharmaceuticals 600 1,795
Sichuan Languang Development Co. Ltd., A Real Estate Management & Development 200 143
Sichuan Road & Bridge Co. Ltd., A Construction & Engineering 1,000 694
  Independent Power and Renewable    
Sichuan Swellfun Co. Ltd., A Electricity Producers 800 1,238
Sichuan Swellfun Co. Ltd., A Beverages 200 2,556
Sieyuan Electric Co. Ltd. Electrical Equipment 200 618
  Semiconductors & Semiconductor    
Silergy Corp. Equipment 200 17,154
a SINA Corp. Interactive Media & Services 180 7,628
Sino-Ocean Land Holdings Ltd. Real Estate Management & Development 10,000 1,999
Sinolink Securities Co. Ltd., A Capital Markets 400 1,002
Sinoma International Engineering Co. Construction & Engineering 600 635
Sinoma Science & Technology Co. Ltd. Chemicals 200 744
Sinopec Engineering Group Co. Ltd. Construction & Engineering 5,000 2,154
a Sinopec Oilfield Service Corp. Energy Equipment & Services 8,000 629
a Sinopec Oilfield Service Corp., A Energy Equipment & Services 600 181
Sinopec Shanghai Petrochemical Co. Ltd., A Chemicals 600 318
Sinopec Shanghai Petrochemical Co. Ltd., H Chemicals 12,000 2,554
Sinopharm Group Co. Ltd., H Health Care Providers & Services 4,000 9,729
Sinotrans Ltd., A Air Freight & Logistics 1,000 677
Sinotrans Ltd., H Air Freight & Logistics 6,000 2,182
Sinotruk Hong Kong Ltd. Machinery 2,000 5,107
SITC International Holdings Co. Ltd. Marine 4,000 8,636
a Smoore International Holdings Ltd. Tobacco 3,000 23,156
a Soho China Ltd. Real Estate Management & Development 7,000 2,085
Songcheng Performance Development Co. Ltd. Hotels, Restaurants & Leisure 360 982
SooChow Securities Co. Ltd., A Capital Markets 520 789
Southwest Securities Co. Ltd., A Capital Markets 800 662
Spring Airlines Co. Ltd., A Airlines 200 1,706
STO Express Co. Ltd. Air Freight & Logistics 200 310
Sunac China Holdings Ltd. Real Estate Management & Development 8,000 29,560
a Sunac Services Holdings Ltd. Real Estate Management & Development 2,000 4,426
Sungrow Power Supply Co. Ltd. Electrical Equipment 200 2,225
Suning Universal Co. Ltd. Real Estate Management & Development 1,000 528
Suning.com Co. Ltd. Specialty Retail 2,400 2,848
  Electronic Equipment, Instruments &    
Sunny Optical Technology Group Co. Ltd. Components 2,000 43,772
Sunwoda Electronic Co. Ltd., A Electrical Equipment 200 945
Suofeiya Home Collection Co. Ltd. Household Durables 200 797
  Electronic Equipment, Instruments &    
Suzhou Dongshan Precision Manufacturing Co. Ltd., A Components 400 1,601
Suzhou Gold Mantis Construction Decoration Co. Ltd. Construction & Engineering 400 578
a Tahoe Group Co. Ltd. Real Estate Management & Development 200 101
a TAL Education Group, ADR Diversified Consumer Services 1,214 86,813
Tangshan Jidong Cement Co. Ltd. Construction Materials 200 436
TangShan Port Group Co. Ltd., A Transportation Infrastructure 800 305
Tangshan Sanyou Chemical Industries Co. Ltd., A Chemicals 400 631
TBEA Co. Ltd., A Electrical Equipment 1,400 2,187
TCL Corp. Household Durables 3,600 3,923
Tencent Holdings Ltd. Interactive Media & Services 17,840 1,297,647
a Tencent Music Entertainment Group, ADR Entertainment 1,448 27,860
a The China Pacific Securities Co. Ltd., A Capital Markets 1,000 628
The People's Insurance Co. Group of China Ltd., H Insurance 28,000 8,883
Thunder Software Technology Co. Ltd. Software 200 3,602
Tian Di Science & Technology Co. Ltd., A Machinery 800 379
Tianfeng Securities Co. Ltd., A Capital Markets 1,040 976
Tianjin Capital Environmental Protection Group Co. Ltd., A Commercial Services & Supplies 200 208
Tianjin Chase Sun Pharmaceutical Co. Ltd. Pharmaceuticals 1,000 705
  Semiconductors & Semiconductor    
Tianjin Zhonghuan Semiconductor Co. Ltd. Equipment 1,000 3,925
  Electronic Equipment, Instruments &    
Tianma Microelectronics Co. Ltd. Components 800 1,815

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
  Semiconductors & Semiconductor    
Tianshui Huatian Technology Co. Ltd., A Equipment 600 1,258
Times China Holdings Ltd. Real Estate Management & Development 2,000 2,781
Times Neighborhood Holdings Ltd. Commercial Services & Supplies 2,000 1,873
Tingyi Cayman Islands Holding Corp. Food Products 6,000 10,245
a,c Tongcheng-Elong Holdings Ltd., Reg S Internet & Direct Marketing Retail 2,400 4,643
  Semiconductors & Semiconductor    
a TongFu Microelectronics Co. Ltd., A Equipment 400 1,554
Tonghua Dongbao Pharmaceutical Co. Ltd. Pharmaceuticals 400 824
Tongkun Group Co. Ltd., A Chemicals 200 634
Tongling Nonferrous Metals Group Co. Ltd. Metals & Mining 1,400 554
Tongwei Co. Ltd., A Food Products 800 4,734
a Topchoice Medical Investment Corp., A Health Care Providers & Services 100 4,256
Topsports International Holdings Ltd. Specialty Retail 4,000 5,984
Towngas China Co. Ltd. Gas Utilities 4,000 1,806
TravelSky Technology Ltd., H IT Services 3,000 7,235
a Trip.com Group Ltd., ADR Internet & Direct Marketing Retail 1,498 50,528
Tsingtao Brewery Co. Ltd., A Beverages 200 3,060
Tsingtao Brewery Co. Ltd., H Beverages 1,400 14,661
a Tus-Sound Environmental Resources Co. Ltd. Commercial Services & Supplies 200 208
Uni-President China Holdings Ltd. Food Products 4,000 4,070
  Semiconductors & Semiconductor    
Unigroup Guoxin Microelectronics Co. Ltd. Equipment 200 4,119
  Electronic Equipment, Instruments &    
Unisplendour Corp. Ltd. Components 560 1,763
  Electronic Equipment, Instruments &    
Universal Scientific Industrial Shanghai Co. Ltd., A Components 200 595
Venustech Group Inc. Software 200 899
a Vipshop Holdings Ltd., ADR Internet & Direct Marketing Retail 1,314 36,937
Walvax Biotechnology Co. Ltd. Biotechnology 400 2,374
Wangfujing Group Co. Ltd., A Multiline Retail 200 1,003
Wangsu Science & Technology Co. Ltd. IT Services 400 424
Wanhua Chemical Group Co. Ltd., A Chemicals 800 11,211
Want Want China Holdings Ltd. Food Products 18,000 13,023
Wanxiang Qianchao Co. Ltd. Auto Components 2,000 1,647
a Weibo Corp., ADR Interactive Media & Services 182 7,460
Weichai Power Co. Ltd., A Machinery 1,800 4,375
Weichai Power Co. Ltd., H Machinery 6,000 12,040
Weifu High-Technology Co. Ltd., B Auto Components 600 1,151
Weihai Guangwei Composites Co. Ltd., A Chemicals 200 2,741
Wens Foodstuffs Group Co. Ltd. Food Products 720 2,020
Western Securities Co. Ltd. Capital Markets 600 936
  Electronic Equipment, Instruments &    
Westone Information Industry Inc. Components 200 514
  Semiconductors & Semiconductor    
Will Semiconductor Ltd., A Equipment 200 7,114
Wilmar International Ltd. Food Products 6,600 23,221
  Electronic Equipment, Instruments &    
Wingtech Technology Co. Ltd., A Components 300 4,572
Winning Health Technology Group Co. Ltd. Health Care Technology 780 2,101
Wolong Electric Group Co. Ltd., A Electrical Equipment 200 480
Wuchan Zhongda Group Co. Ltd., A Distributors 600 404
  Electronic Equipment, Instruments &    
Wuhan Guide Infrared Co. Ltd. Components 340 2,185
Wuhu Sanqi Interactive Entertainment NetworkTechnology Group Co.      
Ltd. Entertainment 400 1,923
Wuliangye Yibin Co. Ltd., A Beverages 800 35,939
  Electronic Equipment, Instruments &    
WUS Printed Circuit Kunshan Co. Ltd. Components 600 1,735
WuXi AppTec Co. Ltd., A Life Sciences Tools & Services 200 4,147
WuXi AppTec Co. Ltd., H Life Sciences Tools & Services 800 15,662
a WuXi Biologics (Cayman) Inc. Life Sciences Tools & Services 9,000 119,321
  Electronic Equipment, Instruments &    
Wuxi Lead Intelligent Equipment Co. Ltd. Components 200 2,586

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
XCMG Construction Machinery Co. Ltd. Machinery 1,400 1,157
Xiamen C & D Inc., A Trading Companies & Distributors 600 758
Xiamen ITG Group Corp. Ltd., A Trading Companies & Distributors 400 411
  Electronic Equipment, Instruments &    
Xiamen Meiya Pico Information Co. Ltd. Components 200 663
Xiamen Tungsten Co. Ltd., A Metals & Mining 200 519
  Technology Hardware, Storage &    
a Xiaomi Corp., B Peripherals 41,600 178,121
Xinhu Zhongbao Co. Ltd., A Real Estate Management & Development 1,200 573
Xinhua Winshare Publishing and Media Co. Ltd., H Distributors 2,000 1,233
Xinjiang Goldwind Science & Technology Co. Ltd. Electrical Equipment 600 1,316
Xinjiang Goldwind Science & Technology Co. Ltd., H Electrical Equipment 2,000 4,019
Xinjiang Zhongtai Chemical Co. Ltd. Chemicals 200 189
  Semiconductors & Semiconductor    
Xinyi Solar Holdings Ltd. Equipment 12,000 31,339
Yang Quan Coal Industry Group Co. Ltd., A Oil, Gas & Consumable Fuels 600 518
Yango Group Co. Ltd. Real Estate Management & Development 400 401
c Yangtze Optical Fibre and Cable Joint Stock Ltd. Co., H, Reg S Communications Equipment 1,000 1,336
Yanlord Land Group Ltd. Real Estate Management & Development 2,200 1,864
Yantai Changyu Pioneer Wine Co. Ltd., B Beverages 800 1,638
Yantai Eddie Precision Machinery Co. Ltd., A Machinery 100 1,061
Yantai Jereh Oilfield Services Group Co. Ltd. Energy Equipment & Services 200 1,077
Yanzhou Coal Mining Co. Ltd., A Oil, Gas & Consumable Fuels 1,200 1,860
Yanzhou Coal Mining Co. Ltd., H Oil, Gas & Consumable Fuels 4,000 3,198
Yealink Network Technology Corp. Ltd. Communications Equipment 200 2,251
Yifan Pharmaceutical Co. Ltd. Pharmaceuticals 200 583
Yifeng Pharmacy Chain Co. Ltd. Food & Staples Retailing 100 1,388
Yihai International Holding Ltd. Food Products 1,600 23,730
Yintai Gold Co. Ltd. Metals & Mining 280 371
Yonghui Superstores Co. Ltd., A Food & Staples Retailing 2,000 2,210
Yonyou Network Technology Co. Ltd., A Software 780 5,267
Yotrio Group Co. Ltd. Leisure Products 400 239
Youngor Group Co. Ltd., A Real Estate Management & Development 1,400 1,549
YTO Express Group Co. Ltd., A Air Freight & Logistics 600 1,062
a Yuan Longping High-tech Agriculture Co. Ltd. Food Products 200 610
Yuexiu Property Co. Ltd. Real Estate Management & Development 24,000 4,829
Yunda Holding Co. Ltd. Air Freight & Logistics 400 967
a Yunnan Aluminium Co. Ltd. Metals & Mining 600 695
Yunnan Baiyao Group Co. Ltd. Pharmaceuticals 200 3,497
a Yunnan Copper Co. Ltd. Metals & Mining 200 445
Yunnan Energy New Material Co. Ltd. Containers & Packaging 200 4,365
a Yunnan Tin Co. Ltd. Metals & Mining 200 345
a Zai Lab Ltd., ADR Biotechnology 208 28,151
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., A Pharmaceuticals 100 4,118
Zhaojin Mining Industry Co. Ltd., H Metals & Mining 3,000 3,571
Zhefu Holding Group Co. Ltd. Electrical Equipment 400 277
a Zhejiang Century Huatong Group Co. Ltd., A Entertainment 1,600 1,751
Zhejiang Chint Electrics Co. Ltd., A Electrical Equipment 200 1,206
  Electronic Equipment, Instruments &    
Zhejiang Crystal-Optech Co. Ltd. Components 180 321
  Electronic Equipment, Instruments &    
Zhejiang Dahua Technology Co. Ltd. Components 400 1,225
Zhejiang Dingli Machinery Co. Ltd. Machinery 100 1,558
Zhejiang Expressway Co. Ltd., H Transportation Infrastructure 4,000 3,379
Zhejiang Hailiang Co. Ltd. Metals & Mining 200 228
Zhejiang Hisoar Pharmaceutical Co. Ltd. Pharmaceuticals 200 262
Zhejiang Huace Film & TV Co. Ltd., A Entertainment 200 190
Zhejiang Huahai Pharmaceutical Co. Ltd., A Pharmaceuticals 460 2,394
a Zhejiang Huayou Cobalt Co. Ltd., A Metals & Mining 400 4,883
  Semiconductors & Semiconductor    
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., A Equipment 200 926
Zhejiang Juhua Co. Ltd., A Chemicals 400 499
Zhejiang Longsheng Group Co. Ltd., A Chemicals 400 839
Zhejiang Medicine Co. Ltd., A Pharmaceuticals 200 419

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Zhejiang NHU Co. Ltd. Pharmaceuticals 400 2,074
Zhejiang Runtu Co. Ltd. Chemicals 200 287
Zhejiang Sanhua Intelligent Controls Co. Ltd. Machinery 1,040 3,946
Zhejiang Semir Garment Co. Ltd. Textiles, Apparel & Luxury Goods 200 308
Zhejiang Supor Co. Ltd. Household Durables 200 2,401
Zhejiang Wanfeng Auto Wheel Co. Ltd. Auto Components 200 202
Zhejiang Wanliyang Co. Ltd. Machinery 200 275
Zhejiang Weixing New Building Materials Co. Ltd. Building Products 200 576
Zhejiang Yasha Decoration Co. Ltd. Diversified Consumer Services 600 687
Zhengzhou Coal Mining Machinery Group Co. Ltd., A Machinery 200 336
Zhengzhou Yutong Bus Co. Ltd., A Machinery 400 1,042
Zheshang Securities Co. Ltd., A Capital Markets 200 471
a,c ZhongAn Online P & C Insurance Co. Ltd., Reg S Insurance 1,200 5,602
Zhongji Innolight Co. Ltd. Communications Equipment 200 1,566
Zhongjin Gold Corp. Ltd., A Metals & Mining 1,200 1,627
Zhongshan Public Utilities Group Co. Ltd. Water Utilities 400 511
Zhongsheng Group Holdings Ltd. Specialty Retail 2,000 14,251
Zhuzhou CRRC Times Electric Co. Ltd., H Electrical Equipment 1,400 6,103
Zijin Mining Group Co. Ltd., A Metals & Mining 4,800 6,864
Zijin Mining Group Co. Ltd., H Metals & Mining 16,000 18,117
Zoomlion Heavy Industry Science and Technology Co. Ltd. Machinery 1,200 1,829
Zoomlion Heavy Industry Science and Technology Development Co.      
Ltd., H Machinery 4,400 5,277
ZTE Corp. Communications Equipment 1,000 5,180
ZTE Corp., H Communications Equipment 2,400 6,036
ZTO Express Cayman Inc., ADR Air Freight & Logistics 1,296 37,791
      9,575,735
Hong Kong 7.2%      
AIA Group Ltd. Insurance 37,800 463,125
a Alibaba Pictures Group Ltd. Entertainment 40,000 4,952
  Semiconductors & Semiconductor    
ASM Pacific Technology Ltd. Equipment 1,000 13,193
BOC Hong Kong (Holdings) Ltd. Banks 11,000 33,338
Cafe de Coral Holdings Ltd. Hotels, Restaurants & Leisure 2,000 4,308
a Cathay Pacific Airways Ltd. Airlines 2,000 1,849
  Equity Real Estate Investment Trusts    
Champion REIT (REITs) 6,000 3,505
CK Asset Holdings Ltd. Real Estate Management & Development 7,400 37,984
CK Hutchison Holdings Ltd. Industrial Conglomerates 8,500 59,306
CK Infrastructure Holdings Ltd. Electric Utilities 2,000 10,743
CLP Holdings Ltd. Electric Utilities 5,200 48,084
Dah Sing Banking Group Ltd. Banks 1,600 1,643
Dah Sing Financial Group Banks 800 2,254
Dairy Farm International Holdings Ltd. Food & Staples Retailing 1,000 4,170
a,b,c ESR Cayman Ltd., 144A, Reg S Real Estate Management & Development 5,600 20,078
Guotai Junan International holdings Ltd. Capital Markets 10,000 1,341
Haitong International Securities Group Ltd. Capital Markets 10,000 2,412
Hang Lung Group Ltd. Real Estate Management & Development 2,000 4,973
Hang Lung Properties Ltd. Real Estate Management & Development 6,000 15,824
Hang Seng Bank Ltd. Banks 2,200 37,935
Henderson Land Development Co. Ltd. Real Estate Management & Development 4,000 15,605
Hong Kong and China Gas Co. Ltd. Gas Utilities 32,000 47,790
Hong Kong Exchanges and Clearing Ltd. Capital Markets 3,900 213,765
Hongkong Land Holdings Ltd. Real Estate Management & Development 3,600 14,868
Huabao International Holdings Ltd. Chemicals 2,000 2,755
Hysan Development Co. Ltd. Real Estate Management & Development 2,000 7,338
Jardine Matheson Holdings Ltd. Industrial Conglomerates 600 33,600
Jardine Strategic Holdings Ltd. Industrial Conglomerates 600 14,928
Johnson Electric Holdings Ltd. Auto Components 1,000 2,476
JS Global Lifestyle Co. Ltd. Household Durables 2,000 3,864
Kerry Properties Ltd. Real Estate Management & Development 2,000 5,066
  Electronic Equipment, Instruments &    
Kingboard Laminates Holdings Ltd. Components 4,000 6,531

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
  Technology Hardware, Storage &    
Legend Holdings Corp., rts., 2/20/49 Peripherals 123 —
a Lifestyle International Holdings Ltd. Multiline Retail 2,000 1,586
  Equity Real Estate Investment Trusts    
Link REIT (REITs) 6,400 58,273
Man Wah Holdings Ltd. Household Durables 4,800 10,412
Melco International Development Ltd. Hotels, Restaurants & Leisure 2,000 3,890
MTR Corp. Ltd. Road & Rail 4,500 25,158
New World Development Co. Ltd. Real Estate Management & Development 4,500 20,951
NWS Holdings Ltd. Industrial Conglomerates 4,000 3,709
PCCW Ltd. Diversified Telecommunication Services 13,341 8,035
Power Assets Holdings Ltd. Electric Utilities 4,000 21,667
a Sa Sa International Holdings Ltd. Specialty Retail 4,000 624
a Samsonite International SA Textiles, Apparel & Luxury Goods 4,200 7,443
Shun Tak Holdings Ltd. Industrial Conglomerates 4,000 1,223
Sino Biopharmaceutical Ltd. Pharmaceuticals 32,000 30,952
Sino Land Co. Ltd. Real Estate Management & Development 10,000 13,026
Sun Hung Kai Properties Ltd. Real Estate Management & Development 4,500 58,036
Swire Pacific Ltd., A Real Estate Management & Development 1,500 8,318
Swire Pacific Ltd., B Real Estate Management & Development 2,500 2,338
Swire Properties Ltd. Real Estate Management & Development 3,600 10,470
Techtronic Industries Co. Ltd. Machinery 4,000 57,056
The Bank of East Asia Ltd. Banks 3,600 7,689
The Wharf Holdings Ltd. Real Estate Management & Development 4,000 10,756
a United Energy Group Ltd. Oil, Gas & Consumable Fuels 28,000 5,525
Vinda International Holdings Ltd. Household Products 1,000 2,728
Vitasoy International Holdings Ltd. Food Products 2,000 7,790
VTech Holdings Ltd. Communications Equipment 600 4,654
c WH Group Ltd., Reg S Food Products 27,000 22,634
Wharf Real Estate Investment Co. Ltd. Real Estate Management & Development 5,000 26,019
Xinyi Glass Holdings Ltd. Building Products 6,000 16,753
Yue Yuen Industrial Holdings Ltd. Textiles, Apparel & Luxury Goods 2,000 4,163
      1,591,481
India 10.6%      
a 3M India Ltd. Industrial Conglomerates 6 1,711
ABB India Ltd. Electrical Equipment 170 2,820
ACC Ltd. Construction Materials 144 3,188
Adani Enterprises Ltd. Trading Companies & Distributors 1,018 6,681
  Independent Power and Renewable    
a Adani Green Energy Ltd. Electricity Producers 1,250 18,007
Adani Ports And Special Economic Zone Ltd. Transportation Infrastructure 2,378 15,744
  Independent Power and Renewable    
a Adani Power Ltd. Electricity Producers 3,204 2,184
a Aditya Birla Capital Ltd. Diversified Financial Services 1,764 2,052
Alkem Laboratories Ltd. Pharmaceuticals 86 3,444
Ambuja Cements Ltd. Construction Materials 2,124 7,234
Ashok Leyland Ltd. Machinery 4,202 5,489
Asian Paints Ltd. Chemicals 1,146 43,359
a AU Small Finance Bank Ltd. Banks 470 5,484
Aurobindo Pharma Ltd. Pharmaceuticals 810 10,213
a Avenue Supermarts Ltd. Food & Staples Retailing 478 18,079
a Axis Bank Ltd. Banks 7,064 59,984
Bajaj Auto Ltd. Automobiles 266 12,538
Bajaj Finance Ltd. Consumer Finance 644 46,671
Bajaj Finserv Ltd. Insurance 114 13,896
Bajaj Holdings & Investment Ltd. Diversified Financial Services 90 3,790
Balkrishna Industries Ltd. Auto Components 250 5,633
a Bandhan Bank Ltd Banks 2,526 13,906
a Bank of Baroda Banks 2,666 2,242
a Bank of India Banks 972 648
Bata India Ltd. Textiles, Apparel & Luxury Goods 144 3,113
Bayer Cropscience Ltd. Chemicals 36 2,681
Berger Paints India Ltd. Chemicals 830 8,627

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Bharat Electronics Ltd. Aerospace & Defense 2,016 3,310
Bharat Forge Ltd. Auto Components 668 4,802
a Bharat Heavy Electricals Ltd. Electrical Equipment 2,868 1,409
Bharat Petroleum Corp. Ltd. Oil, Gas & Consumable Fuels 3,238 16,889
Bharti Airtel Ltd. Wireless Telecommunication Services 5,496 38,339
Bharti Infratel Ltd. Diversified Telecommunication Services 2,614 8,225
a Biocon Ltd. Biotechnology 984 6,268
Bosch Ltd. Auto Components 24 4,200
Britannia Industries Ltd. Food Products 278 13,607
Cadila Healthcare Ltd. Pharmaceuticals 816 5,324
a Canara Bank Ltd. Banks 546 964
Castrol India Ltd. Chemicals 1,746 2,940
Cholamandalam Investment and Finance Co. Ltd. Consumer Finance 652 3,459
Cipla Ltd. Pharmaceuticals 1,174 13,174
Coal India Ltd. Oil, Gas & Consumable Fuels 4,968 9,210
Colgate-Palmolive (India) Ltd. Personal Products 308 6,598
Container Corp. of India Ltd. Road & Rail 734 4,011
Coromandel International Ltd. Chemicals 250 2,787
Cummins India Ltd. Machinery 256 2,013
Dabur India Ltd. Personal Products 1,662 12,146
Dalmia Bharat Ltd. Construction Materials 142 2,098
Divi's Laboratories Ltd. Life Sciences Tools & Services 320 16,826
DLF Ltd. Real Estate Management & Development 2,114 6,737
Dr Reddy's Laboratories Ltd. Pharmaceuticals 316 22,511
Eicher Motors Ltd. Automobiles 428 14,825
Emami Ltd. Personal Products 420 2,436
  Equity Real Estate Investment Trusts    
Embassy Office Parks REIT (REITs) 800 3,769
Exide Industries Ltd. Auto Components 786 2,057
a Federal Bank Ltd. Banks 4,584 4,185
a Future Retail Ltd. Multiline Retail 696 750
GAIL India Ltd. Gas Utilities 4,520 7,624
Gillette India Ltd. Personal Products 28 2,218
GlaxoSmithKline Pharmaceuticals Ltd. Pharmaceuticals 134 2,978
Glenmark Pharmaceuticals Ltd. Pharmaceuticals 474 3,201
a GMR Infrastructure Ltd. Transportation Infrastructure 5,980 2,169
Godrej Consumer Products Ltd. Personal Products 1,138 11,528
a Godrej Industries Ltd. Industrial Conglomerates 230 1,329
a Godrej Properties Ltd. Real Estate Management & Development 208 4,077
Grasim Industries Ltd. Construction Materials 1,106 14,045
Gujarat Gas Ltd. Gas Utilities 550 2,833
Havell's India Ltd. Electrical Equipment 642 8,050
HCL Technologies Ltd. IT Services 3,396 43,975
b,c HDFC Asset Management Co. Ltd., 144A, Reg S Capital Markets 134 5,351
a HDFC Life Insurance Co. Ltd. Insurance 2,086 19,313
Hero Motocorp Ltd. Automobiles 336 14,301
Hindalco Industries Ltd. Metals & Mining 3,604 11,865
Hindustan Petroleum Corp. Ltd. Oil, Gas & Consumable Fuels 1,990 5,935
Hindustan Unilever Ltd. Household Products 2,778 91,072
Hindustan Zinc Ltd. Metals & Mining 690 2,257
Housing Development Finance Corp. Ltd. Thrifts & Mortgage Finance 5,382 188,465
a ICICI Bank Ltd. Banks 4,900 35,881
a,b,c ICICI Lombard General Insurance Co. Ltd., 144A, Reg S Insurance 618 12,863
a,c ICICI Prudential Life Insurance Co. Ltd., Reg S Insurance 1,046 7,141
a IDFC First Bank Ltd. Banks 7,850 3,980
Indiabulls Housing Finance Ltd. Thrifts & Mortgage Finance 1,154 3,479
Indian Oil Corp. Ltd. Oil, Gas & Consumable Fuels 6,880 8,564
Indian Railway Catering and Tourism Corp. Ltd. Commercial Services & Supplies 162 3,188
Indraprastha Gas Ltd. Gas Utilities 1,110 7,631
Info Edge India Ltd. Interactive Media & Services 214 13,935
Infosys Ltd. IT Services 11,196 192,424
a,c InterGlobe Aviation Ltd., Reg S Airlines 326 7,689
IPCA Laboratories Ltd. Pharmaceuticals 158 4,733
ITC Ltd. Tobacco 9,306 26,619

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
a Jindal Steel & Power Ltd. Metals & Mining 1,410 5,142
  Independent Power and Renewable    
JSW Energy Ltd. Electricity Producers 1,352 1,255
JSW Steel Ltd. Metals & Mining 3,346 17,731
Jubilant Foodworks Ltd. Hotels, Restaurants & Leisure 206 7,869
Kansai Nerolac Paints Ltd. Chemicals 428 3,560
L&T Finance Holdings Ltd. Diversified Financial Services 1,686 2,162
c Larsen & Toubro Infotech Ltd., Reg S IT Services 114 5,710
Larsen & Toubro Ltd. Construction & Engineering 1,602 28,231
LIC Housing Finance Ltd. Thrifts & Mortgage Finance 886 4,380
Lupin Ltd. Pharmaceuticals 772 10,321
a Mahindra & Mahindra Financial Services Ltd. Consumer Finance 2,104 5,036
Mahindra & Mahindra Ltd. Automobiles 2,346 23,137
a Mangalore Refinery and Petrochemicals Ltd. Oil, Gas & Consumable Fuels 446 216
Marico Ltd. Personal Products 1,620 8,927
Maruti Suzuki India Ltd. Automobiles 398 41,668
Motherson Sumi Systems Ltd. Auto Components 3,296 7,452
Mphasis Ltd. IT Services 270 5,690
MRF Ltd. Auto Components 6 6,220
Muthoot Finance Ltd. Consumer Finance 354 5,865
Nestle India Ltd. Food Products 92 23,155
  Independent Power and Renewable    
NHPC Ltd. Electricity Producers 4,608 1,428
Nippon Life India Asset Management Ltd. Capital Markets 414 1,685
NMDC Ltd. Metals & Mining 2,568 4,022
  Independent Power and Renewable    
NTPC Ltd. Electricity Producers 10,746 14,611
a Oberoi Realty Ltd. Real Estate Management & Development 290 2,315
Oil & Natural Gas Corp. Ltd. Oil, Gas & Consumable Fuels 9,702 12,355
Oil India Ltd. Oil, Gas & Consumable Fuels 1,078 1,585
Oracle Financial Services Software Ltd. Software 76 3,341
Page Industries Ltd. Textiles, Apparel & Luxury Goods 18 6,802
Petronet LNG Ltd. Oil, Gas & Consumable Fuels 1,836 6,222
PI Industries Ltd. Chemicals 202 6,068
Pidilite Industries Ltd. Chemicals 426 10,294
Piramal Enterprises Ltd. Diversified Financial Services 366 7,156
Power Finance Corp. Ltd. Diversified Financial Services 2,200 3,442
Power Grid Corp. of India Ltd. Electric Utilities 6,552 17,024
a Punjab National Bank Ltd. Banks 3,206 1,450
Rajesh Exports Ltd. Textiles, Apparel & Luxury Goods 478 3,209
c RBL Bank Ltd., Reg S Banks 1,086 3,434
REC Ltd. Diversified Financial Services 1,786 3,273
Reliance Industries Ltd. Oil, Gas & Consumable Fuels 9,722 264,154
SBI Cards & Payment Services Ltd. Consumer Finance 434 5,055
a SBI Life Insurance Co. Ltd. Insurance 1,122 13,885
Shree Cement Ltd. Construction Materials 36 11,831
Shriram Transport Finance Co. Ltd. Consumer Finance 646 9,252
Siemens Ltd. Industrial Conglomerates 294 6,340
SRF Ltd. Chemicals 74 5,645
a State Bank of India Banks 5,590 21,035
a Steel Authority of India Ltd. Metals & Mining 3,318 3,365
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 3,484 28,244
Sun TV Network Ltd. Media 194 1,276
Tata Communications Ltd. Diversified Telecommunication Services 216 3,254
Tata Consultancy Services Ltd. IT Services 3,046 119,341
Tata Consumer Products Ltd. Food Products 1,450 11,706
a Tata Motors Ltd. Automobiles 4,368 10,991
a Tata Motors Ltd., A Automobiles 1,030 1,060
Tata Power Co. Ltd. Electric Utilities 4,920 5,094
Tata Steel Ltd. Metals & Mining 1,596 14,059
Tech Mahindra Ltd. IT Services 1,576 20,991
Titan Co. Ltd. Textiles, Apparel & Luxury Goods 1,138 24,408
Torrent Pharmaceuticals Ltd. Pharmaceuticals 144 5,524
Torrent Power Ltd. Electric Utilities 444 1,929

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Trent Ltd. Multiline Retail 576 5,420
TVS Motor Co. Ltd. Automobiles 390 2,589
UltraTech Cement Ltd. Construction Materials 356 25,765
a Union Bank of India Ltd. Banks 1,284 554
United Breweries Ltd. Beverages 234 3,799
a United Spirits Ltd. Beverages 888 7,028
UPL Ltd. Chemicals 1,634 10,429
Vedanta Ltd. Metals & Mining 4,972 10,983
a Vodafone Idea Ltd. Wireless Telecommunication Services 24,740 3,606
Voltas Ltd. Construction & Engineering 384 4,339
Whirlpool of India Ltd. Household Durables 102 3,670
Wipro Ltd. IT Services 4,294 22,699
a Yes Bank Ltd. Banks 4,442 1,085
Zee Entertainment Enterprises Ltd. Media 2,886 8,828
      2,348,676
Indonesia 1.5%      
Adaro Energy Tbk PT Oil, Gas & Consumable Fuels 38,600 3,929
Astra Agro Lestari Tbk PT Food Products 1,400 1,228
Astra International Tbk PT Automobiles 63,800 27,359
Bank Central Asia Tbk PT Banks 30,000 72,278
e Bank Danamon Indonesia Tbk PT Banks 2,400 536
Bank Mandiri Persero Tbk PT Banks 57,000 25,660
Bank Negara Indonesia Persero Tbk PT Banks 24,000 10,548
Bank Rakyat Indonesia Persero Tbk PT Banks 163,600 48,556
Bukit Asam Tbk PT Oil, Gas & Consumable Fuels 11,600 2,320
a Bumi Serpong Damai Tbk PT Real Estate Management & Development 25,200 2,197
Charoen Pokphand Indonesia Tbk PT Food Products 22,000 10,217
First Pacific Co. Ltd. Diversified Financial Services 8,000 2,548
Golden Agri-Resources Ltd. Food Products 21,200 2,550
a Gudang Garam Tbk PT Tobacco 1,600 4,669
Hanjaya Mandala Sampoerna Tbk PT Tobacco 28,400 3,042
Indah Kiat Pulp & Paper Corp Tbk PT Paper & Forest Products 8,000 5,936
Indocement Tunggal Prakarsa Tbk PT Construction Materials 4,400 4,533
Indofood CBP Sukses Makmur Tbk PT Food Products 7,800 5,316
Indofood Sukses Makmur Tbk PT Food Products 14,400 7,021
Jasa Marga Persero Tbk PT Transportation Infrastructure 8,000 2,636
Kalbe Farma Tbk PT Pharmaceuticals 57,600 6,068
a Media Nusantara Citra Tbk PT Media 19,000 1,542
Perusahaan Gas Negara Tbk PT Gas Utilities 31,800 3,746
Perusahaan Perseroan (Persero) PT TelekomunikasiIndonesia Tbk,      
B Diversified Telecommunication Services 143,800 33,877
a PT Barito Pacific Tbk Chemicals 63,800 4,995
PT XL Axiata Tbk Wireless Telecommunication Services 12,800 2,487
Sarana Menara Nusantara Tbk PT Diversified Telecommunication Services 80,400 5,494
Semen Indonesia (Persero) Tbk PT Construction Materials 9,000 7,959
a Smartfren Telecom Tbk PT Wireless Telecommunication Services 130,200 621
a Surya Citra Media Tbk PT Media 16,000 2,608
Tower Bersama Infrastructure Tbk PT Diversified Telecommunication Services 29,000 3,364
Unilever Indonesia Tbk PT Household Products 17,000 8,893
United Tractors Tbk PT Oil, Gas & Consumable Fuels 4,800 9,088
a Vale Indonesia Tbk PT Metals & Mining 7,000 2,541
      336,362
Italy 0.1%      
a Prada SpA Textiles, Apparel & Luxury Goods 1,600 10,565
Luxembourg 0.0%†      
L'Occitane International SA Personal Products 1,500 3,738
Macau 0.5%      
Galaxy Entertainment Group Ltd. Hotels, Restaurants & Leisure 6,600 51,284
MGM China Holdings Ltd. Hotels, Restaurants & Leisure 2,400 4,123
Sands China Ltd. Hotels, Restaurants & Leisure 7,600 33,374
SJM Holdings Ltd. Hotels, Restaurants & Leisure 6,000 6,709

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
a Wynn Macau Ltd. Hotels, Restaurants & Leisure 4,800 8,060
      103,550
Malaysia 2.0%      
a AirAsia Group Bhd Airlines 5,800 1,276
a Alliance Bank Malaysia Bhd. Banks 2,800 2,026
AMMB Holdings Bhd. Beverages 6,000 5,444
Astro Malaysia Holdings Bhd. Media 5,400 1,215
Axiata Group Bhd. Wireless Telecommunication Services 14,400 13,389
British American Tobacco Malaysia Bhd. Tobacco 400 1,400
CIMB Group Holdings Bhd. Banks 22,200 23,732
Dialog Group Bhd. Energy Equipment & Services 14,200 12,179
Digi.com Bhd. Wireless Telecommunication Services 11,800 12,145
FGV Holdings Bhd. Food Products 7,200 2,291
Fraser & Neave Holdings Bhd. Beverages 200 1,595
Gamuda Bhd. Construction & Engineering 7,600 7,350
Genting Bhd. Hotels, Restaurants & Leisure 7,400 8,205
Genting Malaysia Bhd. Hotels, Restaurants & Leisure 8,800 5,885
HAP Seng Consolidated Bhd. Industrial Conglomerates 2,000 4,276
Hartalega Holdings Bhd. Health Care Equipment & Supplies 4,400 13,279
Hong Leong Bank Bhd. Banks 1,800 8,144
Hong Leong Financial Group Bhd. Banks 800 3,592
IHH Healthcare Bhd. Health Care Providers & Services 9,600 13,126
IJM Corp. Bhd. Construction & Engineering 10,600 4,559
IOI Corp. Bhd. Food Products 9,600 10,429
IOI Properties Group Bhd. Real Estate Management & Development 6,600 2,543
Kuala Lumpur Kepong Bhd. Food Products 1,400 8,242
Malayan Banking Bhd. Banks 18,600 39,119
Malaysia Airports Holdings Bhd. Transportation Infrastructure 2,600 3,827
Maxis Bhd. Wireless Telecommunication Services 8,600 10,797
MISC Bhd. Marine 4,800 8,198
Nestle (Malaysia) Bhd. Food Products 200 6,906
Petronas Chemicals Group Bhd. Chemicals 8,800 16,255
Petronas Dagangan Bhd. Oil, Gas & Consumable Fuels 1,000 5,320
Petronas Gas Bhd. Gas Utilities 1,800 7,688
PPB Group Bhd. Food Products 2,000 9,208
Press Metal Aluminium Holdings Bhd. Metals & Mining 6,200 12,932
Public Bank Bhd. Banks 9,600 49,163
QL Resources Bhd. Food Products 3,300 4,758
RHB Bank Bhd Banks 5,000 6,774
Sime Darby Bhd. Industrial Conglomerates 11,200 6,432
Sime Darby Plantation Bhd. Food Products 11,400 14,142
Sime Darby Property Bhd. Real Estate Management & Development 13,600 2,248
Telekom Malaysia Bhd. Diversified Telecommunication Services 3,800 5,111
Tenaga Nasional Bhd. Electric Utilities 12,400 32,121
Top Glove Corp. Bhd. Health Care Equipment & Supplies 16,200 24,647
Westports Holdings Bhd. Transportation Infrastructure 3,800 4,062
Wing Tai Holdings Ltd. Real Estate Management & Development 800 1,180
a YTL Corp. Bhd. Multi-Utilities 15,913 3,026
      440,236
Pakistan 0.0%†      
Fauji Fertilizer Co. Ltd. Chemicals 2,000 1,358
Habib Bank Ltd. Banks 2,000 1,655
Oil & Gas Development Co. Ltd. Oil, Gas & Consumable Fuels 2,000 1,299
Pakistan Petroleum Ltd. Oil, Gas & Consumable Fuels 2,004 1,133
      5,445
Philippines 0.9%      
  Independent Power and Renewable    
Aboitiz Power Corp. Electricity Producers 5,200 2,875
Alliance Global Group Inc. Industrial Conglomerates 11,000 2,428
Ayala Corp. Industrial Conglomerates 1,020 17,565
Ayala Land Inc. Real Estate Management & Development 24,800 21,121
Bank of the Philippine Islands Banks 5,700 9,656

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
BDO Unibank Inc. Banks 5,980 13,299
Bloomberry Resorts Corp. Hotels, Restaurants & Leisure 11,800 1,993
DMCI Holdings Inc. Industrial Conglomerates 14,000 1,650
Globe Telecom Inc. Wireless Telecommunication Services 80 3,382
GT Capital Holdings Inc. Industrial Conglomerates 320 3,898
International Container Terminal Services Inc. Transportation Infrastructure 3,420 8,795
JG Summit Holdings Inc. Industrial Conglomerates 8,860 13,210
Jollibee Foods Corp. Hotels, Restaurants & Leisure 1,260 5,121
LT Group Inc. Industrial Conglomerates 9,000 2,455
Manila Electric Co. Electric Utilities 720 4,378
Megaworld Corp. Real Estate Management & Development 36,000 3,059
Metro Pacific Investments Corp. Diversified Financial Services 42,000 3,743
Metropolitan Bank & Trust Co. Banks 5,800 5,924
PLDT Inc. Wireless Telecommunication Services 290 8,092
Puregold Price Club Inc. Food & Staples Retailing 3,060 2,612
San Miguel Corp. Industrial Conglomerates 1,240 3,308
San Miguel Pure Foods Co. Inc. Food Products 2,200 3,069
Semirara Mining and Power Corp. Oil, Gas & Consumable Fuels 4,000 1,148
SM Investments Corp. Industrial Conglomerates 1,500 32,765
SM Prime Holdings Inc. Real Estate Management & Development 27,600 22,127
Universal Robina Corp. Food Products 2,800 8,891
      206,564
Singapore 2.7%      
  Equity Real Estate Investment Trusts    
Ascendas REIT (REITs) 9,747 21,977
  Equity Real Estate Investment Trusts    
Ascott Residence Trust (REITs) 5,200 4,249
BOC Aviation Ltd. Trading Companies & Distributors 600 5,185
CapitaLand Ltd. Real Estate Management & Development 8,000 19,854
  Equity Real Estate Investment Trusts    
CapitaLand Mall Trust (REITs) 13,936 22,776
City Developments Ltd. Real Estate Management & Development 1,400 8,442
ComfortDelGro Corp. Ltd. Road & Rail 6,600 8,340
DBS Group Holdings Ltd. Banks 5,600 106,098
  Equity Real Estate Investment Trusts    
Frasers Logistics & Commercial Trust (REITs) 7,800 8,321
Frasers Property Ltd. Real Estate Management & Development 600 563
Genting Singapore Ltd. Hotels, Restaurants & Leisure 18,200 11,705
Hutchison Port Holdings Trust Transportation Infrastructure 18,800 3,722
Jardine Cycle & Carriage Ltd. Distributors 300 4,438
Keppel Corp. Ltd. Industrial Conglomerates 4,400 17,911
  Equity Real Estate Investment Trusts    
Keppel DC REIT (REITs) 3,800 8,079
  Equity Real Estate Investment Trusts    
Keppel REIT (REITs) 6,400 5,424
  Equity Real Estate Investment Trusts    
Mapletree Commercial Trust (REITs) 7,000 11,281
  Equity Real Estate Investment Trusts    
c Mapletree Greater China Commercial Trust, Reg S (REITs) 5,800 4,257
  Equity Real Estate Investment Trusts    
Mapletree Industrial Trust (REITs) 5,200 11,371
  Equity Real Estate Investment Trusts    
Mapletree Logistics Trust (REITs) 8,200 12,471
c NetLink NBN Trust, Reg S Diversified Telecommunication Services 9,200 6,717
Olam International Ltd. Food & Staples Retailing 1,800 2,084
Oversea-Chinese Banking Corp. Ltd. Banks 10,900 82,967
a SATS Ltd. Transportation Infrastructure 1,800 5,420
SembCorp Industries Ltd. Industrial Conglomerates 3,200 4,140
a SembCorp Marine Ltd. Machinery 18,715 2,025
SIA Engineering Co. Ltd. Transportation Infrastructure 800 1,192
a Singapore Airlines Ltd. Airlines 4,000 12,954
Singapore Exchange Ltd. Capital Markets 2,600 18,256
Singapore Post Ltd. Air Freight & Logistics 5,200 2,774

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Singapore Press Holdings Ltd. Media 5,400 4,617
Singapore Technologies Engineering Ltd. Aerospace & Defense 4,600 13,295
Singapore Telecommunications Ltd. Diversified Telecommunication Services 23,400 40,899
StarHub Ltd. Wireless Telecommunication Services 2,200 2,181
  Equity Real Estate Investment Trusts    
Suntec REIT (REITs) 6,800 7,666
United Overseas Bank Ltd. Banks 4,000 68,369
UOL Group Ltd. Real Estate Management & Development 1,600 9,334
  Electronic Equipment, Instruments &    
Venture Corp. Ltd. Components 800 11,755
Yangzijiang Shipbuilding Holdings Ltd. Machinery 7,200 5,203
      598,312
South Korea 13.9%      
a Alteogen Inc. Biotechnology 58 9,595
Amorepacific Corp. Personal Products 100 18,963
AmorePacific Group Personal Products 96 4,852
BGF Retail Co. Ltd. Food & Staples Retailing 20 2,495
BNK Financial Group Inc. Banks 934 4,884
a Celltrion Healthcare Co. Ltd. Health Care Providers & Services 228 34,212
a Celltrion Inc. Biotechnology 326 107,736
a Celltrion Pharm Inc. Pharmaceuticals 59 12,959
Cheil Worldwide Inc. Media 186 3,527
CJ CheilJedang Corp. Food Products 22 7,716
CJ Corp. Industrial Conglomerates 40 3,391
CJ ENM Co. Ltd. Internet & Direct Marketing Retail 34 4,366
a CJ Logistics Corp. Road & Rail 24 3,656
a Coway Co. Ltd. Household Durables 170 11,377
Daelim Industrial Co. Ltd. Construction & Engineering 76 5,807
a Daewoo Engineering & Construction Co. Ltd. Construction & Engineering 558 2,561
a Daewoo Shipbuilding & Marine Engineering Co. Ltd. Machinery 166 4,187
DB Insurance Co. Ltd. Insurance 140 5,638
DGB Financial Group Inc. Banks 530 3,313
Dongsuh Cos. Inc. Food & Staples Retailing 88 2,750
Doosan Bobcat Inc. Machinery 86 2,347
a Doosan Heavy Industries and Construction Co. Ltd. Electrical Equipment 575 7,146
a Doosan Infracore Co. Ltd. Machinery 342 2,493
  Electronic Equipment, Instruments &    
a Doosan Solus Co. Ltd. Components 36 1,642
E-MART Inc. Food & Staples Retailing 62 8,647
Fila Holdings Corp. Textiles, Apparel & Luxury Goods 140 5,632
GS Engineering & Construction Corp. Construction & Engineering 176 6,124
GS Holdings Corp. Oil, Gas & Consumable Fuels 154 5,323
GS Retail Co. Ltd. Food & Staples Retailing 88 2,791
Hana Financial Group Inc. Banks 900 28,583
Hanjin Kal Corp. Airlines 94 5,460
Hankook Tire & Technology Co. Ltd. Auto Components 224 8,124
Hanmi Pharm Co. Ltd. Pharmaceuticals 24 8,097
Hanmi Science Co. Ltd. Pharmaceuticals 44 3,082
Hanon Systems Auto Components 478 7,150
Hanssem Co. Ltd. Household Durables 30 2,886
a Hanwha Aerospace Co. Ltd. Aerospace & Defense 118 3,096
Hanwha Corp. Industrial Conglomerates 120 3,126
Hanwha Corp. Industrial Conglomerates 80 1,005
Hanwha Life Insurance Co. Ltd. Insurance 940 2,111
Hanwha Solutions Corp. Chemicals 242 10,671
HDC Hyundai Development Co-Engineering & Construction Construction & Engineering 146 3,508
a Helixmith Co. Ltd. Biotechnology 99 3,007
Hite Jinro Co. Ltd. Beverages 80 2,346
a HLB Inc. Leisure Products 138 11,751
Hotel Shilla Co. Ltd. Specialty Retail 96 7,273
Hyundai Department Store Co. Ltd. Multiline Retail 40 2,629
Hyundai Engineering & Construction Co. Ltd. Construction & Engineering 230 7,929
Hyundai Glovis Co. Ltd. Air Freight & Logistics 56 9,485

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Hyundai Heavy Industries Holdings Co. Ltd. Machinery 32 8,351
Hyundai Marine & Fire Insurance Co. Ltd. Insurance 206 4,314
Hyundai Mipo Dockyard Co. Ltd. Machinery 56 2,474
Hyundai Mobis Co. Ltd. Auto Components 202 47,511
a Hyundai Motor Co. Automobiles 434 76,708
Hyundai Steel Co. Metals & Mining 220 8,020
Hyundai Wia Corp. Auto Components 54 2,660
a Industrial Bank of Korea Banks 714 5,810
a Kakao Corp. Interactive Media & Services 168 60,238
Kangwon Land Inc. Hotels, Restaurants & Leisure 334 7,225
a KB Financial Group Inc. Banks 1,202 48,023
KCC Corp. Chemicals 16 2,909
KEPCO Plant Service and Engineering Co. Ltd. Commercial Services & Supplies 82 2,242
Kia Motors Corp. Automobiles 804 46,184
Korea Aerospace Industries Ltd. Aerospace & Defense 220 5,225
a Korea Electric Power Corp. Electric Utilities 800 20,179
Korea Gas Corp. Gas Utilities 76 2,162
Korea Investment Holdings Co. Ltd. Capital Markets 120 8,727
a Korea Shipbuilding & Offshore Engineering Co Ltd. Machinery 136 13,584
Korea Zinc Co. Ltd. Metals & Mining 30 11,088
a Korean Air Lines Co. Ltd. Airlines 278 6,961
a KT&G Corp. Tobacco 342 26,162
Kumho Petrochemical Co. Ltd. Chemicals 52 6,941
LG Chem Ltd. Chemicals 142 107,712
LG Corp. Industrial Conglomerates 286 23,037
  Electronic Equipment, Instruments &    
a LG Display Co. Ltd. Components 710 12,124
a LG Electronics Inc. Household Durables 334 41,508
LG Household & Health Care Ltd. Personal Products 27 40,265
  Electronic Equipment, Instruments &    
LG Innotek Co. Ltd. Components 44 7,392
LG Uplus Corp. Diversified Telecommunication Services 606 6,555
Lotte Chemical Corp. Chemicals 46 11,687
Lotte Chilsung Beverage Co. Ltd. Beverages 12 1,199
Lotte Corp. Industrial Conglomerates 76 2,470
LOTTE Fine Chemical Co. Ltd. Chemicals 54 2,744
Lotte Shopping Co. Ltd. Multiline Retail 30 2,831
LS Corp. Electrical Equipment 44 2,892
Mando Corp. Auto Components 114 6,171
Medytox Inc. Biotechnology 14 2,255
Mirae Asset Daewoo Co. Ltd. Capital Markets 202 848
Mirae Asset Daewood Co. Ltd. Capital Markets 1,092 9,490
Naver Corp. Interactive Media & Services 408 109,859
NCSoft Corp. Entertainment 52 44,566
a Netmarble CWorp Entertainment 54 6,537
NH Investment & Securities Co. Ltd. Capital Markets 388 4,036
a NHN Corp. Entertainment 30 2,060
Nongshim Co. Ltd. Food Products 10 2,762
a OCI Co. Ltd. Chemicals 46 3,938
Orion Corp. Food Products 68 7,762
Ottogi Corp. Food Products 4 2,125
Paradise Co. Ltd. Hotels, Restaurants & Leisure 174 2,451
POSCO Metals & Mining 212 53,083
a POSCO Chemical Co. Ltd. Construction Materials 68 6,510
a Posco Chemical Co. Ltd., rts., 1/14/21 Construction Materials 16 449
Posco International Corp. Trading Companies & Distributors 168 2,250
S-1 Corp. Commercial Services & Supplies 64 5,008
S-Oil Corp. Oil, Gas & Consumable Fuels 114 7,262
a Samsung Biologics Co. Ltd. Life Sciences Tools & Services 42 31,936
Samsung C&T Corp. Industrial Conglomerates 260 33,030
Samsung Card Co. Ltd. Consumer Finance 106 3,171
  Electronic Equipment, Instruments &    
Samsung Electro-Mechanics Co. Ltd. Components 174 28,512

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
  Technology Hardware, Storage &    
Samsung Electronics Co. Ltd. Peripherals 14,652 1,092,527
a Samsung Engineering Co. Ltd. Construction & Engineering 486 5,928
Samsung Fire & Marine Insurance Co. Ltd. Insurance 102 17,606
a Samsung Heavy Industries Co. Ltd. Machinery 1,286 8,334
Samsung Life Insurance Co. Ltd. Insurance 202 14,709
  Electronic Equipment, Instruments &    
a Samsung SDI Co. Ltd. Components 164 94,810
Samsung SDS Co. Ltd. IT Services 100 16,432
Samsung Securities Co. Ltd. Capital Markets 200 7,447
a Shinhan Financial Group Co. Ltd. Banks 1,522 44,905
Shinsegae Co. Ltd. Multiline Retail 24 5,291
a SillaJen Inc. Biotechnology 196 2,183
a SK Biopharmaceuticals Co. Ltd. Pharmaceuticals 50 7,779
SK Holdings Co. Ltd. Industrial Conglomerates 98 21,697
  Semiconductors & Semiconductor    
a SK Hynix Inc. Equipment 1,612 175,846
SK Innovation Co. Ltd. Oil, Gas & Consumable Fuels 164 28,685
SK Networks Co. Ltd. Trading Companies & Distributors 538 2,405
SK Telecom Co. Ltd. Wireless Telecommunication Services 80 17,527
SKC Co. Ltd. Chemicals 60 5,192
Ssangyong Cement Industrial Co. Ltd. Construction Materials 372 2,288
a Woori Financial Group Inc. Banks 1,590 14,242
Yuhan Corp. Pharmaceuticals 153 10,577
      3,086,044
Taiwan 14.3%      
Accton Technology Corp. Communications Equipment 1,600 17,994
  Technology Hardware, Storage &    
Acer Inc. Peripherals 8,000 6,734
  Technology Hardware, Storage &    
Advantech Co. Ltd. Peripherals 1,300 16,193
  Semiconductors & Semiconductor    
ASE Industrial Holding Co. Ltd. Equipment 10,000 28,934
Asia Cement Corp. Construction Materials 8,000 12,300
  Semiconductors & Semiconductor    
ASMedia Technology Inc. Equipment 100 5,588
  Technology Hardware, Storage &    
Asustek Computer Inc. Peripherals 2,000 17,830
  Electronic Equipment, Instruments &    
a AU Optronics Corp. Components 28,000 13,951
Capital Securities Corp. Capital Markets 6,000 2,893
  Technology Hardware, Storage &    
Catcher Technology Co. Ltd. Peripherals 2,480 18,182
Cathay Financial Holding Co. Ltd. Insurance 26,000 39,095
Chailease Holding Co. Ltd. Diversified Financial Services 4,000 23,916
Chang Hwa Commercial Bank Ltd. Banks 20,000 12,777
Cheng Shin Rubber Industry Co. Ltd. Auto Components 6,000 9,406
  Technology Hardware, Storage &    
Chicony Electronics Co. Ltd. Peripherals 2,000 6,136
a China Airlines Ltd. Airlines 8,000 3,431
China Development Financial Holding Corp. Insurance 44,000 14,563
China Life Insurance Co. Ltd. Insurance 10,600 8,375
a,e China Motor Corp. Automobiles 800 1,441
China Steel Corp. Metals & Mining 40,000 35,234
Chunghwa Telecom Co. Ltd. Diversified Telecommunication Services 12,000 46,551
  Technology Hardware, Storage &    
Compal Electronics Inc. Peripherals 12,000 8,841
CTBC Financial Holding Co. Ltd. Banks 58,000 40,665
  Electronic Equipment, Instruments &    
Delta Electronics Inc. Components 7,000 65,521
E.Sun Financial Holding Co. Ltd. Banks 38,000 34,554
Eclat Textile Co. Ltd. Textiles, Apparel & Luxury Goods 640 9,624

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
  Semiconductors & Semiconductor    
a Epistar Corp. Equipment 3,000 4,420
Eternal Materials Co. Ltd. Chemicals 2,000 2,602
EVA Airways Corp. Airlines 8,000 3,744
a Evergreen Marine Corp. Taiwan Ltd. Marine 8,000 11,588
Far Eastern International Bank Banks 6,000 2,317
Far Eastern New Century Corp. Industrial Conglomerates 12,000 12,364
Far EasTone Telecommunications Co. Ltd. Wireless Telecommunication Services 5,000 10,890
Feng Tay Enterprise Co. Ltd. Textiles, Apparel & Luxury Goods 1,320 9,372
First Financial Holding Co. Ltd. Banks 33,020 25,090
  Electronic Equipment, Instruments &    
a FIT Hon Teng Ltd. Components 2,000 694
Formosa Chemicals & Fibre Corp. Chemicals 11,000 33,159
Formosa Petrochemical Corp. Oil, Gas & Consumable Fuels 4,000 14,207
Formosa Plastics Corp. Chemicals 15,000 51,463
Formosa Taffeta Co. Ltd. Textiles, Apparel & Luxury Goods 4,000 4,420
  Electronic Equipment, Instruments &    
Foxconn Technology Co. Ltd. Components 4,000 7,602
Fubon Financial Holding Co. Ltd. Insurance 22,000 36,604
  Electronic Equipment, Instruments &    
Genius Electronic Optical Co. Ltd. Components 260 5,247
Giant Manufacturing Co. Ltd. Leisure Products 1,000 9,787
  Semiconductors & Semiconductor    
Globalwafers Co. Ltd. Equipment 700 17,638
Hiwin Technologies Corp. Machinery 800 10,947
  Electronic Equipment, Instruments &    
Hon Hai Precision Industry Co. Ltd. Components 37,000 121,147
Hotai Motor Co. Ltd. Specialty Retail 1,000 22,884
  Technology Hardware, Storage &    
a HTC Corp. Peripherals 2,000 2,189
Hua Nan Financial Holdings Co. Ltd. Banks 30,000 19,485
  Electronic Equipment, Instruments &    
Innolux Corp. Components 24,000 12,044
  Technology Hardware, Storage &    
Inventec Corp. Peripherals 10,000 8,542
  Electronic Equipment, Instruments &    
Largan Precision Co. Ltd. Components 320 36,387
  Technology Hardware, Storage &    
Lite-On Technology Corp. Peripherals 6,000 10,634
  Semiconductors & Semiconductor    
MediaTek Inc. Equipment 4,600 122,293
Mega Financial Holding Co. Ltd. Banks 34,000 36,060
  Technology Hardware, Storage &    
Micro-Star International Co. Ltd. Peripherals 2,000 9,431
momo.com Inc. Internet & Direct Marketing Retail 140 3,174
Nan Ya Plastics Corp. Chemicals 18,000 46,060
  Semiconductors & Semiconductor    
Nanya Technology Corp. Equipment 2,000 6,178
Nien Made Enterprise Co. Ltd. Household Durables 440 5,105
  Semiconductors & Semiconductor    
Novatek Microelectronics Corp. Ltd. Equipment 2,000 26,265
a Oneness Biotech Co. Ltd. Pharmaceuticals 800 6,862
  Semiconductors & Semiconductor    
Parade Technologies Ltd. Equipment 218 8,612
  Technology Hardware, Storage &    
Pegatron Corp. Peripherals 6,000 14,371
Pou Chen Corp. Textiles, Apparel & Luxury Goods 8,000 8,940
  Semiconductors & Semiconductor    
Powertech Technology Inc. Equipment 2,000 6,755
President Chain Store Corp. Food & Staples Retailing 2,000 18,969
  Technology Hardware, Storage &    
Quanta Computer Inc. Peripherals 8,000 23,034
  Semiconductors & Semiconductor    
Realtek Semiconductor Corp. Equipment 1,600 22,237

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Shin Kong Financial Holding Co. Ltd. Insurance 38,000 11,915
SinoPac Financial Holdings Co. Ltd. Banks 34,000 13,855
  Electronic Equipment, Instruments &    
Synnex Technology International Corp. Components 4,000 6,691
Taishin Financial Holding Co. Ltd. Banks 34,000 16,033
Taiwan Business Bank Banks 16,000 5,541
Taiwan Cement Corp. Construction Materials 16,000 24,600
Taiwan Cooperative Financial Holding Co. Ltd. Banks 30,000 21,728
Taiwan Fertilizer Co. Ltd. Chemicals 2,000 3,858
a Taiwan Glass Industry Corp. Building Products 4,000 2,776
Taiwan High Speed Rail Corp. Transportation Infrastructure 6,000 6,769
Taiwan Mobile Co. Ltd. Wireless Telecommunication Services 5,000 17,599
Taiwan Secom Co. Ltd. Commercial Services & Supplies 1,000 3,157
  Semiconductors & Semiconductor    
Taiwan Semiconductor Manufacturing Co. Ltd. Equipment 74,800 1,410,919
Teco Electric & Machinery Co. Ltd. Electrical Equipment 6,000 5,904
The Shanghai Commercial & Savings Bank Ltd. Banks 10,000 14,627
  Electronic Equipment, Instruments &    
a TPK Holding Co. Ltd. Components 1,000 1,648
  Technology Hardware, Storage &    
Transcend Information Inc. Peripherals 1,000 2,313
U-Ming Marine Transport Corp. Marine 2,000 2,627
Uni-President Enterprises Corp. Food Products 15,000 36,035
  Electronic Equipment, Instruments &    
Unimicron Technology Corp. Components 4,000 12,442
  Semiconductors & Semiconductor    
United Microelectronics Corp. Equipment 36,000 60,410
  Semiconductors & Semiconductor    
Vanguard International Semiconductor Corp. Equipment 3,000 12,385
Walsin Lihwa Corp. Electrical Equipment 10,000 6,869
  Electronic Equipment, Instruments &    
Walsin Technology Corp. Components 1,400 11,485
Wan Hai Lines Ltd. Marine 2,000 3,765
  Semiconductors & Semiconductor    
Win Semiconductors Corp. Equipment 1,280 15,762
  Technology Hardware, Storage &    
Wistron Corp. Peripherals 8,000 8,826
  Technology Hardware, Storage &    
Wiwynn Corp. Peripherals 260 6,514
  Electronic Equipment, Instruments &    
Yageo Corp. Components 1,400 25,810
Yuanta Financial Holding Co. Ltd. Diversified Financial Services 36,000 26,329
a Yulon Motor Co. Ltd. Automobiles 1,271 2,122
  Electronic Equipment, Instruments &    
Zhen Ding Technology Holding Ltd. Components 2,000 8,114
      3,181,970
Thailand 2.3%      
Advanced Info Service PCL Wireless Telecommunication Services 3,400 19,973
Airports of Thailand Public Co. Ltd., NVDR Transportation Infrastructure 13,600 28,258
Asset World Corp PCL Hotels, Restaurants & Leisure 24,000 3,653
  Independent Power and Renewable    
B Grimm Power PCL, NVDR Electricity Producers 2,000 3,238
Bangkok Bank PCL, fgn. Banks 1,600 6,355
Bangkok Bank PCL, NVDR Banks 2,000 7,911
Bangkok Dusit Medical Services PCL Health Care Providers & Services 28,600 19,856
Bangkok Expressway and Metro PCL, NVDR Transportation Infrastructure 25,800 7,148
a Bangkok Life Assurance PCL, NVDR Insurance 1,400 981
Banpu PCL, NVDR Oil, Gas & Consumable Fuels 15,200 5,581
Berli Jucker PCL, NVDR Food & Staples Retailing 3,400 3,944
BTS Group Holdings PCL, NVDR Road & Rail 27,600 8,567
Bumrungrad Hospital PCL Health Care Providers & Services 1,000 4,005
Carabao Group PCL Beverages 800 3,057
Central Pattana PCL Real Estate Management & Development 8,000 12,750

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a Central Retail Corp. PCL Multiline Retail 8,400 8,622
Charoen Pokphand Foods PCL, NVDR Food Products 11,400 10,179
a CP ALL PCL Food & Staples Retailing 16,200 31,497
  Electronic Equipment, Instruments &    
Delta Electronics Thailand PCL Components 1,400 22,710
Digital Telecommunications Infrastructure Fund, fgn. Diversified Financial Services 17,000 7,320
  Independent Power and Renewable    
Electricity Generating PCL Electricity Producers 800 5,140
  Independent Power and Renewable    
Energy Absolute PCL, NVDR Electricity Producers 5,000 8,219
  Independent Power and Renewable    
Global Power Synergy PCL Electricity Producers 2,000 4,923
  Independent Power and Renewable    
Gulf Energy Development PCL, NVDR Electricity Producers 11,800 13,490
Home Product Center PCL, NVDR, NVDR Specialty Retail 18,000 8,231
Indorama Ventures PCL, NVDR Chemicals 5,600 6,916
Intouch Holdings PCL Wireless Telecommunication Services 6,800 12,767
IRPC PCL Oil, Gas & Consumable Fuels 36,400 4,520
Kasikornbank PCL, fgn. Banks 3,800 14,459
Kasikornbank PCL, NVDR Banks 2,000 7,543
Krung Thai Bank PCL Banks 18,000 6,669
Krungthai Card PCL, NVDR Consumer Finance 4,000 7,944
Land and Houses PCL, NVDR Real Estate Management & Development 22,000 5,838
a Minor International PCL Hotels, Restaurants & Leisure 12,800 11,001
a Muangthai Capital PCL Consumer Finance 2,000 3,939
Osotspa PCL, NVDR, NVDR Beverages 3,200 3,792
PTT Exploration and Production PCL, NVDR Oil, Gas & Consumable Fuels 4,200 13,773
PTT Global Chemical PCL, NVDR Chemicals 6,200 12,106
PTT PCL Oil, Gas & Consumable Fuels 44,600 63,268
  Independent Power and Renewable    
Ratch Group PCL, NVDR Electricity Producers 2,200 3,892
Siam City Cement PCL, NVDR Construction Materials 200 905
Siam Commercial Bank PCL Banks 7,600 22,196
Siam Makro Public Company Ltd. Food & Staples Retailing 400 527
Sri Trang Gloves Thailand PCL, NVDR Health Care Equipment & Supplies 1,400 3,551
Srisawad Corp. PCL Consumer Finance 1,800 3,950
Thai Oil PCL Oil, Gas & Consumable Fuels 3,600 6,248
Thai Union Group PCL Food Products 10,000 4,539
The Siam Cement PCL Construction Materials 2,600 32,804
TMB Bank PCL Banks 148,000 5,335
Total Access Communication PCL Wireless Telecommunication Services 2,400 2,664
True Corporation PCL, NVDR Diversified Telecommunication Services 36,600 4,202
      520,956
Total Common Stocks and Other Equity Interests (Cost $17,983,573)   22,014,875
Preferred Stocks 0.9%      
South Korea 0.9%      
f Amorepacific Corp., 1.621%, pfd. Personal Products 30 1,712
f CJ CheilJedang Corp., 2.119%, pfd. Food Products 4 617
f Hyundai Motor Co., 3.460%, pfd. 2 Automobiles 110 9,073
f Hyundai Motor Co., 3.446%, pfd. Automobiles 76 6,192
f LG Chem Ltd., 0.537%, pfd. Chemicals 24 8,429
f LG Electronics, Inc., 1.254%, pfd. Household Durables 66 3,876
f LG Household & Health Care Ltd., 1.539%, pfd. Personal Products 6 3,966
  Technology Hardware, Storage &    
f Samsung Electronics Co. Ltd., 1.443%, pfd. Peripherals 2,560 173,447
f Samsung Fire & Marine Insurance Co. Ltd., 5.948%, pfd. Insurance 8 1,053

 

 

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)

Total Preferred Stocks (Cost $126,014)       208,365  
Total Investments before Short Term Investments (Cost $18,109,587)     22,223,240  
Short Term Investments 0.1%          
Investments from Cash Collateral Received for Loaned Securities 0.1%        
United States 0.1%          
g,hInstitutional Fiduciary Trust Portfolio, 0.00% Money Market Funds 10,240   10,240  
Total Investments (Cost $18,119,827) 100.1%       22,233,480  
Other Assets, less Liabilities (0.1)%       (14,157 )
Net Assets 100.0%     $ 22,219,323  

 

+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. At December 31, 2020, the aggregate value of these securities was $171,865, representing 0.8% 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. At December 31, 2020, the aggregate value of these securities was $692,892, representing 3.1% of net assets.

dA portion or all of the security is on loan at December 31, 2020.

eFair valued using significant unobservable inputs. See Note 8 regarding fair value measurements.

fVariable rate security. The rate shown represents the yield at period end.

gSee Note 5 regarding investments in affiliated management investment companies.

hThe rate shown is the annualized seven-day effective yield at period end.

Abbreviations

Selected Portfolio

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

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Australia ETF Industry Shares   Value
Common Stocks 99.9%        
Australia 97.2%        
Adbri Ltd. Construction Materials 6,168 $ 15,944
a Afterpay Ltd. IT Services 2,964   269,886
AGL Energy Ltd. Multi-Utilities 8,484   78,233
ALS Ltd. Professional Services 6,468   47,964
Altium Ltd. Software 1,464   38,398
Alumina Ltd. Metals & Mining 33,744   47,781
AMP Ltd. Diversified Financial Services 46,332   55,773
Ampol Ltd. Oil, Gas & Consumable Fuels 3,372   73,949
Ansell Ltd. Health Care Equipment & Supplies 1,752   47,020
Apa Group Gas Utilities 15,924   118,577
Appen Ltd. IT Services 1,488   28,349
Aristocrat Leisure Ltd. Hotels, Restaurants & Leisure 8,616   206,105
Atlas Arteria Ltd. Transportation Infrastructure 12,936   64,883
Aurizon Holdings Ltd. Road & Rail 24,444   73,563
AusNet Services Electric Utilities 24,624   33,347
Australia & New Zealand Banking Group Ltd. Banks 38,304   670,950
Australian Stock Exchange Ltd. Capital Markets 2,616   145,342
Bank of Queensland Ltd. Banks 6,120   36,552
Beach Energy Ltd. Oil, Gas & Consumable Fuels 23,784   33,127
Bendigo and Adelaide Bank Ltd. Banks 7,128   51,263
BHP Group Ltd. Metals & Mining 39,780   1,302,442
Bluescope Steel Ltd. Metals & Mining 6,780   91,452
Boral Ltd. Construction Materials 16,452   62,841
Brambles Ltd. Commercial Services & Supplies 20,292   165,978
carsales.com Ltd. Interactive Media & Services 2,892   44,655
Challenger Ltd. Diversified Financial Services 9,024   44,844
  Equity Real Estate Investment Trusts      
Charter Hall Group (REITs) 6,252   70,966
a Cimic Group Ltd. Construction & Engineering 1,296   24,371
Cleanaway Waste Management Ltd. Commercial Services & Supplies 18,300   33,185
Coca-Cola Amatil Ltd. Beverages 6,900   68,844
Cochlear Ltd. Health Care Equipment & Supplies 864   126,007
Coles Group Ltd. Food & Staples Retailing 17,124   239,697
Commonwealth Bank of Australia Banks 23,916   1,515,322
Computershare Ltd. IT Services 6,492   73,089
Crown Resorts Ltd. Hotels, Restaurants & Leisure 4,728   35,134
CSL Ltd. Biotechnology 6,120   1,337,317
CSR Ltd. Construction Materials 6,540   26,394
a Deterra Royalties Ltd. Metals & Mining 5,700   21,112
  Equity Real Estate Investment Trusts      
Dexus (REITs) 14,736   106,888
Domain Holdings Australia Ltd. Interactive Media & Services 3,108   10,768
Domino's Pizza Enterprises Ltd. Hotels, Restaurants & Leisure 816   54,580
Downer EDI Ltd. Commercial Services & Supplies 9,444   38,842
Evolution Mining Ltd. Metals & Mining 21,624   83,264
a Flight Centre Travel Group Ltd. Hotels, Restaurants & Leisure 1,932   23,630
Fortescue Metals Group Ltd. Metals & Mining 21,468   388,136
  Equity Real Estate Investment Trusts      
Goodman Group (REITs) 24,480   357,210
  Equity Real Estate Investment Trusts      
GPT Group (REITs) 26,268   91,214
Harvey Norman Holdings Ltd. Multiline Retail 7,980   28,880
IDP Education Ltd. Diversified Consumer Services 1,884   28,858
Iluka Resources Ltd. Metals & Mining 5,652   28,305
a Incitec Pivot Ltd. Chemicals 26,148   46,004
Insurance Australia Group Ltd. Insurance 32,892   119,291
IOOF Holdings Ltd. Capital Markets 8,652   23,501
a James Hardie Industries PLC, CDI Construction Materials 5,988   176,601
JB Hi-Fi Ltd. Specialty Retail 1,524   57,177

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Lendlease Crop. Ltd. Real Estate Management & Development 9,288 93,889
Macquarie Group Ltd. Capital Markets 4,416 471,885
Magellan Financial Group Ltd. Capital Markets 1,848 76,520
Medibank Private Ltd. Insurance 37,152 86,292
Metcash Ltd. Food & Staples Retailing 13,704 35,742
Mineral Resources Ltd. Metals & Mining 1,872 54,098
  Equity Real Estate Investment Trusts    
Mirvac Group (REITs) 53,004 107,977
National Australia Bank Ltd. Banks 44,412 774,514
Newcrest Mining Ltd. Metals & Mining 11,016 219,143
a NEXTDC Ltd. IT Services 6,096 57,530
Northern Star Resources Ltd. Metals & Mining 9,672 94,711
a Nufarm Ltd. Chemicals 4,284 13,554
Oil Search Ltd. Oil, Gas & Consumable Fuels 27,972 80,079
Orica Ltd. Chemicals 5,460 63,830
Origin Energy Ltd. Oil, Gas & Consumable Fuels 23,712 87,095
Orora Ltd. Containers & Packaging 12,758 26,581
OZ Minerals Ltd. Metals & Mining 4,368 63,636
Perpetual Ltd. Capital Markets 744 19,956
Platinum Asset Management Ltd. Capital Markets 4,044 12,732
a Qantas Airways Ltd. Airlines 9,912 37,096
QBE Insurance Group Ltd. Insurance 19,656 129,379
Qube Logistics Holdings Ltd. Transportation Infrastructure 19,560 44,375
Ramsay Health Care Ltd. Health Care Providers & Services 2,352 112,852
REA Group Ltd. Interactive Media & Services 684 78,570
Rio Tinto Ltd. Metals & Mining 5,016 440,590
Santos Ltd. Oil, Gas & Consumable Fuels 23,880 115,537
a Saracen Mineral Holdings Ltd. Metals & Mining 14,784 54,188
  Equity Real Estate Investment Trusts    
Scentre Group (REITs) 69,984 150,129
Seek Ltd. Interactive Media & Services 4,692 103,295
Seven Group Holdings Ltd. Trading Companies & Distributors 1,788 32,216
  Equity Real Estate Investment Trusts    
Shopping Centres Australasia Property Group (REITs) 14,436 28,072
Sonic Healthcare Ltd. Health Care Providers & Services 6,408 158,973
South32 Ltd. Metals & Mining 65,436 124,719
  Equity Real Estate Investment Trusts    
Stockland (REITs) 32,136 103,655
Suncorp-Metway Ltd. Insurance 17,256 129,694
a Sydney Airport Transportation Infrastructure 17,856 88,321
Tabcorp Holdings Ltd. Hotels, Restaurants & Leisure 28,020 84,324
Telstra Corp. Ltd. Diversified Telecommunication Services 56,196 129,224
The Star Entertainment Group Ltd. Hotels, Restaurants & Leisure 11,568 32,849
a TPG Telecom Limited Diversified Telecommunication Services 4,944 27,545
Transurban Group Transportation Infrastructure 36,900 388,953
Treasury Wine Estates Ltd. Beverages 9,732 70,591
  Equity Real Estate Investment Trusts    
Vicinity Centres (REITs) 50,556 62,614
a Vocus Group Ltd. Diversified Telecommunication Services 8,028 25,027
Washington H. Soul Pattinson & Co. Ltd. Oil, Gas & Consumable Fuels 1,224 28,420
Wesfarmers Ltd. Multiline Retail 15,276 594,102
Westpac Banking Corp. Banks 48,756 728,749
Whitehaven Coal Ltd. Oil, Gas & Consumable Fuels 11,556 14,669
Wisetech Global Ltd. Software 1,152 27,335
Woodside Petroleum Ltd. Oil, Gas & Consumable Fuels 12,840 225,308
Woolworths Group Ltd. Food & Staples Retailing 17,040 516,884

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
Worley Ltd. Energy Equipment & Services 4,344 38,515
      16,450,339
New Zealand 1.1%      
a Xero Ltd. Software 1,620 183,536
United Kingdom 1.5%      
Amcor PLC, IDR Containers & Packaging 21,120 250,000
United States 0.1%      
Sims Ltd. Metals & Mining 2,220 23,040
Total Investments (Cost $14,783,224) 99.9%     16,906,915
Other Assets, less Liabilities 0.1%     9,744
Net Assets 100.0%   $ 16,916,659

 

aNon-income producing.

Abbreviations

Selected Portfolio

CDI IDR REIT

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

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Brazil ETF Industry Shares   Value
Common Stocks 73.5%        
Brazil 72.4%        
a Aliansce Sonae Shopping Centers SA Real Estate Management & Development 36,400 $ 204,418
Ambev SA Beverages 1,206,420   3,634,915
Atacadao Distribuicao Comercio e Industria Ltd. Food & Staples Retailing 109,200   407,645
a Azul SA Airlines 78,000   590,158
a B2W Cia Digital Internet & Direct Marketing Retail 57,200   832,639
B3 SA - Brasil Bolsa Balcao Capital Markets 566,800   6,763,364
Banco Bradesco SA Banks 348,400   1,623,210
Banco BTG Pactual SA Capital Markets 72,800   1,317,469
Banco do Brasil SA Banks 239,204   1,786,823
Banco Inter SA Banks 31,200   198,221
Banco Santander Brasil SA Banks 104,000   897,601
BB Seguridade Participacoes SA Insurance 187,200   1,067,871
a BR Malls Participacoes SA Real Estate Management & Development 213,200   406,353
a BRF SA Food Products 176,800   750,197
CCR SA Transportation Infrastructure 312,000   809,102
Centrais Eletricas Brasileiras SA Electric Utilities 114,400   807,641
Cia Brasileira de Distribuicao Food & Staples Retailing 46,877   677,317
Cia de Saneamento do Parana Water Utilities 68,800   344,384
Cia Siderurgica Nacional SA Metals & Mining 176,800   1,084,109
Cielo SA IT Services 306,800   236,264
a Cogna Educacao Diversified Consumer Services 514,800   458,882
Companhia de Locacao das Americas Road & Rail 93,600   528,169
Companhia de Saneamento Basico do Estado de Sao Paulo Water Utilities 93,600   800,813
Companhia Energetica de Minas Gerais Electric Utilities 54,138   170,934
Companhia Paranaense de Energia-Copel Electric Utilities 5,200   70,078
a Cosan Logistica SA Road & Rail 31,200   111,184
Cosan SA Oil, Gas & Consumable Fuels 42,700   622,554
CPFL Energia SA Electric Utilities 52,000   325,863
Cyrela Brazil Realty SA Empreendimentos e Participacoes Household Durables 78,000   442,694
Duratex SA Paper & Forest Products 83,200   306,582
EDP-Energias do Brasil SA Electric Utilities 83,200   314,751
a Embraer SA Aerospace & Defense 202,800   345,535
Energisa SA Electric Utilities 67,680   682,247
  Independent Power and Renewable      
a Eneva SA Electricity Producers 46,800   559,524
  Independent Power and Renewable      
Engie Brasil Energia SA Electricity Producers 46,800   395,902
Equatorial Energia SA Electric Utilities 249,600   1,112,921
EZ Tec Empreendimentos e Participacoes SA Household Durables 26,000   214,740
Fleury SA Health Care Providers & Services 67,600   351,652
Grendene SA Textiles, Apparel & Luxury Goods 72,800   117,451
Guararapes Confeccoes SA Textiles, Apparel & Luxury Goods 20,800   59,707
b,c Hapvida Participacoes e Investimentos SA, 144A, Reg S Health Care Providers & Services 294,100   864,034
Hypera SA Pharmaceuticals 109,200   720,053
IRB Brasil Resseguros SA Insurance 309,633   487,620
Itau Unibanco Holding SA Banks 119,600   643,107
Klabin SA Containers & Packaging 88,400   450,492
Localiza Rent a Car SA Road & Rail 153,800   2,041,606
Lojas Americanas SA Multiline Retail 78,081   307,411
Lojas Renner SA Multiline Retail 219,030   1,836,003
M Dias Branco SA Food Products 20,800   136,392
Magazine Luiza SA Multiline Retail 733,360   3,522,647
Multiplan Empreendimentos Imobiliarios SA Real Estate Management & Development 72,800   329,788
a Natura & Co Holding SA Personal Products 234,016   2,365,300
Neoenergia SA Electric Utilities 67,600   229,316
Notre Dame Intermedica Participacoes SA Health Care Providers & Services 143,000   2,156,756
Odontoprev SA Health Care Providers & Services 72,800   203,927
Petrobras Distribuidora SA Specialty Retail 202,800   864,034
Petroleo Brasileiro SA Oil, Gas & Consumable Fuels 1,024,440   5,690,018

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
Porto Seguro SA Insurance 26,000   245,274
Qualicorp Consultoria E Corretora de Seguros SA Health Care Providers & Services 67,600   455,248
Raia Drogasil SA Food & Staples Retailing 314,715   1,517,166
Rede D'Or Sao Luiz SA Health Care Providers & Services 40,000   525,971
a Rumo SA Road & Rail 348,460   1,290,742
Sao Martinho SA Food Products 46,800   246,515
Sul America SA Insurance 79,466   678,510
a Suzano SA Paper & Forest Products 200,272   2,257,118
Telefonica Brasil SA Diversified Telecommunication Services 124,800   1,117,246
TIM SA Wireless Telecommunication Services 223,600   630,653
Totvs SA Software 135,200   747,554
Transmissora Alianca de Energia Eletrica SA Electric Utilities 62,400   400,407
Ultrapar Participacoes SA Oil, Gas & Consumable Fuels 218,400   998,193
Vale SA Metals & Mining 912,300   15,359,562
a Via Varejo SA Specialty Retail 322,400   1,003,039
WEG SA Electrical Equipment 208,000   3,032,983
YDUQS Participacoes SA Diversified Consumer Services 83,200   527,308
        86,313,877
United States 1.1%        
JBS SA Food Products 270,400   1,231,694
Total Common Stocks (Cost $96,015,898)       87,545,571
Preferred Stocks 26.1%        
Brazil 26.1%        
d Alpargatas SA, 0.131%, pfd. Textiles, Apparel & Luxury Goods 46,800   378,422
d Banco Bradesco SA, 2.557%, pfd. Banks 1,180,438   6,167,858
d Banco do Estado do Rio Grande do Sul SA, 3.974%, pfd., B Banks 57,200   160,449
a Banco Inter SA, pdf. Banks 72,800   461,114
d Bradespar SA, 3.144%, pfd. Metals & Mining 62,400   765,374
a Braskem SA, pfd., A Chemicals 52,000   235,963
d Centrais Eletricas Brasileiras SA, 4.832%, pfd., B Electric Utilities 78,000   555,620
d Cia de Transmissao de Energia Eletrica Paulista, 6.257%, pfd. Electric Utilities 52,000   278,411
  Independent Power and Renewable      
d Cia Energetica de Sao Paulo, 7.856%, pfd., B Electricity Producers 52,000   290,023
d Companhia Energetica de Minas Gerais, 2.191%, pfd. Electric Utilities 275,680   772,766
d Companhia Paranaense de Energia, 4.137%, pfd., B Electric Utilities 28,000   403,974
d Gerdau SA, 1.472%, pfd. Metals & Mining 296,400   1,395,206
d Itau Unibanco Holding SA, 4.123%, pfd. Banks 1,331,200   8,106,322
d Itausa SA, 3.402%, pfd. Banks 1,242,860   2,806,736
d Lojas Americanas SA, 0.057%, pfd. Multiline Retail 218,469   1,105,762
d Petroleo Brasileiro SA, 0.004%, pfd. Oil, Gas & Consumable Fuels 1,263,640   6,894,528
d Usinas Siderurgicas de Minas Gerais SA Usiminas, 0.294%, pfd., A Metals & Mining 114,400   321,779
Total Preferred Stocks (Cost $41,344,271)       31,100,307
Total Investments (Cost $137,360,169) 99.6%       118,645,878
 
Other Assets, less Liabilities 0.4%       520,357
Net Assets 100.0%     $ 119,166,235

 

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. At December 31, 2020, the value of this security was $864,034, 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. At December 31, 2020, the value of this security was $864,034, representing 0.7% of net assets. dVariable rate security. The rate shown represents the yield at period end.

 

              FRANKLIN TEMPLETON ETF TRUST
        STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
At December 31, 2020, 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 87 $ 399,423 2/17/21 $ 13,281

 

*      As of period end.
 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Canada ETF Industry Shares   Value
Common Stocks 99.9%        
Canada 97.5%        
Agnico Eagle Mines Ltd. Metals & Mining 1,404 $ 98,732
Alimentation Couche-Tard Inc., B Food & Staples Retailing 4,866   165,688
Bank of Montreal Banks 3,732   283,503
Barrick Gold Corp. Metals & Mining 10,302   234,504
BCE Inc. Diversified Telecommunication Services 1,764   75,365
Brookfield Asset Management Inc., A Capital Markets 7,776   321,172
Canadian Imperial Bank of Commerce Banks 2,598   221,707
Canadian National Railway Co. Road & Rail 4,146   455,409
Canadian Natural Resources Ltd. Oil, Gas & Consumable Fuels 6,744   161,930
Canadian Pacific Railway Ltd. Road & Rail 792   274,483
Canadian Tire Corp. Ltd., A Multiline Retail 330   43,343
Canadian Utilities Ltd., A Multi-Utilities 714   17,424
a Canopy Growth Corp. Pharmaceuticals 1,326   32,598
Cenovus Energy Inc. Oil, Gas & Consumable Fuels 5,934   36,098
a CGI Inc., A IT Services 1,332   105,588
Constellation Software Inc. Software 111   144,014
Dollarama Inc. Multiline Retail 1,686   68,658
Enbridge Inc. Oil, Gas & Consumable Fuels 11,802   377,127
Fairfax Financial Holdings Ltd. Insurance 156   53,125
Fortis Inc. Electric Utilities 2,694   109,959
Franco-Nevada Corp. Metals & Mining 1,086   136,048
George Weston Ltd. Food & Staples Retailing 426   31,793
Great-West Lifeco Inc. Insurance 1,566   37,306
Hydro One Ltd. Electric Utilities 1,836   41,288
IGM Financial Inc. Capital Markets 474   12,840
Imperial Oil Ltd. Oil, Gas & Consumable Fuels 1,308   24,805
Intact Financial Corp. Insurance 828   97,956
Loblaw Cos. Ltd. Food & Staples Retailing 954   47,034
Magna International Inc. Auto Components 1,602   113,309
Manulife Financial Corp. Insurance 11,298   200,863
Metro Inc., A Food & Staples Retailing 1,464   65,271
National Bank of Canada Banks 1,962   110,328
Nutrien Ltd. Chemicals 3,324   159,782
Pembina Pipeline Corp. Oil, Gas & Consumable Fuels 3,198   75,557
Power Corp. of Canada Insurance 3,174   72,823
Restaurant Brands International Inc. Hotels, Restaurants & Leisure 1,716   104,832
Rogers Communications Inc., B Wireless Telecommunication Services 2,040   94,890
Royal Bank of Canada Banks 8,304   681,723
Saputo Inc. Food Products 1,362   38,091
Shaw Communications Inc. Media 2,670   46,819
a Shopify Inc., A IT Services 640   722,045
Sun Life Financial Inc. Insurance 3,408   151,407
Suncor Energy Inc. Oil, Gas & Consumable Fuels 8,898   149,115
TC Energy Corp. Oil, Gas & Consumable Fuels 5,484   222,761
Teck Resources Ltd., B Metals & Mining 2,694   48,847
TELUS Corp. Diversified Telecommunication Services 2,466   48,797
The Bank of Nova Scotia Banks 7,050   380,722
The Toronto-Dominion Bank Banks 10,542   595,118
Thomson Reuters Corp. Professional Services 984   80,466
a Topicus.com Inc. Software 172   650
Wheaton Precious Metals Corp. Metals & Mining 2,616   109,157
        7,982,870
United States 2.4%        
a Bausch Health Cos. Inc. Pharmaceuticals 1,806   37,438

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
Waste Connections Inc. Commercial Services & Supplies 1,536   157,362
        194,800
Total Investments (Cost $7,619,669) 99.9%       8,177,670
Other Assets, less Liabilities 0.1%       4,758
Net Assets 100.0%     $ 8,182,428
aNon-income producing.        

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE China ETF Industry Shares   Value
Common Stocks 99.7%        
China 99.2%        
360 Security Technology Inc., A Software 3,200 $ 7,738
a 3SBio Inc. Biotechnology 40,000   36,472
a 51job Inc., ADR Professional Services 976   68,320
A-Living Services Co. Ltd., H Commercial Services & Supplies 12,000   53,238
AECC Aviation Power Co. Ltd., A Aerospace & Defense 6,400   58,467
Agile Group Holdings Ltd. Real Estate Management & Development 52,000   69,209
Agricultural Bank of China Ltd., A Banks 334,400   161,624
Agricultural Bank of China Ltd., H Banks 1,058,000   387,513
Aier Eye Hospital Group Co. Ltd. Health Care Providers & Services 10,590   122,076
Air China Ltd., A Airlines 12,800   14,757
Air China Ltd., H Airlines 64,000   50,349
a Alibaba Group Holding Ltd., ADR Internet & Direct Marketing Retail 59,392   13,822,300
a Alibaba Health Information Technology Ltd. Health Care Technology 158,000   466,633
a Aluminum Corp. of China Ltd., A Metals & Mining 40,000   22,350
a Aluminum Corp. of China Ltd., H Metals & Mining 128,000   45,232
Angang Steel Co. Ltd., H Metals & Mining 64,000   26,083
Angel Yeast Co. Ltd., A Food Products 1,600   12,578
Anhui Anke Biotechnology Group Co. Ltd. Biotechnology 3,530   7,976
Anhui Conch Cement Co. Ltd., A Construction Materials 9,600   76,278
Anhui Conch Cement Co. Ltd., H Construction Materials 40,000   250,456
Anhui Expressway Co. Ltd., H Transportation Infrastructure 32,000   19,108
Anhui Gujing Distillery Co. Ltd., A Beverages 1,100   46,054
Anhui Gujing Distillery Co. Ltd., B Beverages 4,800   66,851
Anta Sports Products Ltd. Textiles, Apparel & Luxury Goods 35,160   557,293
Asymchem Laboratories Tianjin Co. Ltd., A Pharmaceuticals 200   9,209
Autohome Inc., ADR Interactive Media & Services 1,952   194,458
  Electronic Equipment, Instruments &      
Avary Holding Shenzhen Co. Ltd., A Components 1,600   12,233
AVIC Aircraft Co. Ltd. Aerospace & Defense 6,400   36,134
Avic Capital Co. Ltd., A Diversified Financial Services 20,800   14,023
AVIC Electromechanical Systems Co. Ltd. Aerospace & Defense 9,600   16,919
Avic Heavy Machinery Co. Ltd., A Machinery 3,200   12,314
  Electronic Equipment, Instruments &      
AVIC Jonhon OptronicTechnology Co. Ltd. Components 3,200   38,563
AVIC Shenyang Aircraft Co. Ltd., A Aerospace & Defense 3,200   38,508
AviChina Industry & Technology Co. Ltd., H Aerospace & Defense 64,000   44,654
AVICOPTER PLC, A Aerospace & Defense 1,600   15,444
BAIC Motor Corp. Ltd., H Automobiles 80,000   29,611
a Baidu Inc., ADR Interactive Media & Services 9,040   1,954,810
Bank of Beijing Co. Ltd., A Banks 51,200   38,144
Bank of Changsha Co. Ltd., A Banks 8,000   11,723
Bank of China Ltd., A Banks 182,400   89,282
Bank of China Ltd., H Banks 2,576,000   880,388
Bank of Communications Co. Ltd., A Banks 92,800   63,994
Bank of Communications Co. Ltd., H Banks 256,000   135,365
Bank of Hangzhou Co. Ltd. Banks 14,400   33,071
Bank of Jiangsu Co. Ltd., A Banks 10,400   8,740
Bank of Nanjing Co. Ltd., A Banks 24,000   29,849
Bank of Ningbo Co. Ltd., A Banks 14,400   78,332
Bank of Shanghai Co. Ltd., A Banks 35,200   42,479
Baoshan Iron & Steel Co. Ltd., A Metals & Mining 43,200   39,565
BBMG Corp., A Construction Materials 24,000   10,972
BBMG Corp., H Construction Materials 80,000   15,476
Beijing Capital Co. Ltd., A Water Utilities 16,000   6,970
Beijing Capital Development Co. Ltd., A Real Estate Management & Development 4,800   4,337
Beijing Capital International Airport Co. Ltd. Transportation Infrastructure 64,000   53,403
Beijing Dabeinong Technology Group Co. Ltd. Food Products 11,200   16,654
Beijing E-Hualu Information Technology Co. Ltd., A Software 1,600   7,549
Beijing Enlight Media Co. Ltd. Entertainment 6,400   11,890

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Beijing Enterprises Holdings Ltd. Gas Utilities 21,000 68,521
Beijing Enterprises Water Group Ltd. Water Utilities 192,000 77,257
a Beijing Jetsen Technology Co. Ltd. Software 8,000 3,977
  Independent Power and Renewable    
Beijing Jingneng Clean Energy Co. Ltd., H Electricity Producers 64,000 20,965
Beijing Kunlun Tech Co. Ltd. Entertainment 3,200 9,827
Beijing New Building Materials PLC Building Products 4,800 29,591
Beijing North Star Co. Ltd., H Real Estate Management & Development 32,000 5,984
Beijing Orient National Communication Science &Technology Co.      
Ltd. Software 3,200 5,394
Beijing Oriental Yuhong Waterproof Technology Co. Ltd. Construction Materials 5,300 31,653
Beijing Originwater Technology Co. Ltd. Commercial Services & Supplies 8,000 9,420
Beijing Sanju Environmental Protection and New Material Co. Ltd. Chemicals 6,000 5,246
Beijing Shiji Information Technology Co. Ltd. Software 3,200 15,314
a Beijing Shougang Co. Ltd. Metals & Mining 12,800 7,546
Beijing Shunxin Agriculture Co. Ltd., A Beverages 1,600 17,865
Beijing Sinnet Technology Co. Ltd., A IT Services 3,400 8,986
Beijing Tiantan Biological Products Corp. Ltd., A Biotechnology 3,600 23,107
a Beijing Ultrapower Software Co. Ltd. IT Services 4,800 3,775
Beijing Yanjing Brewery Co. Ltd. Beverages 6,400 8,393
  Electronic Equipment, Instruments &    
Beijing Zhong Ke San Huan High-Tech Co. Ltd. Components 1,600 2,327
Beijing-Shanghai High Speed Railway Co. Ltd. Road & Rail 22,400 19,515
a Bilibili Inc., ADR Entertainment 4,848 415,571
a Bluefocus Intelligent Communications Group Co. Ltd. Media 6,400 5,911
Bluestar Adisseo Co., A Chemicals 3,200 5,669
  Electronic Equipment, Instruments &    
BOE Technology Group Co. Ltd. Components 83,200 76,840
  Electronic Equipment, Instruments &    
BOE Technology Group Co. Ltd. Components 33,600 14,257
Bosideng International Holdings Ltd. Textiles, Apparel & Luxury Goods 96,000 48,905
Bright Dairy & Food Co. Ltd., A Food Products 3,200 8,009
Brilliance China Automotive Holdings Ltd. Automobiles 96,000 87,409
BTG Hotels Group Co. Ltd., A Hotels, Restaurants & Leisure 1,600 5,226
By-health Co. Ltd., A Personal Products 4,800 17,843
BYD Co. Ltd. Automobiles 4,800 143,557
BYD Co. Ltd., H Automobiles 24,000 628,952
BYD Electronic International Co. Ltd. Communications Equipment 26,500 138,757
C&S Paper Co. Ltd., A Household Products 3,200 10,280
Caitong Securities Co. Ltd., A Capital Markets 3,200 6,231
a,b,c CanSino Biologics Inc., 144A, Reg S Pharmaceuticals 2,600 59,183
  Independent Power and Renewable    
CECEP Solar Energy Co. Ltd. Electricity Producers 6,400 7,162
  Independent Power and Renewable    
CECEP Wind-Power Corp Electricity Producers 8,000 4,224
a Central China Securities Co. Ltd., A Capital Markets 11,200 12,102
a Central China Securities Co. Ltd., H Capital Markets 32,000 6,933
Centre Testing International Group Co. Ltd., A Professional Services 4,800 20,222
  Independent Power and Renewable    
CGN Power Co. Ltd., A Electricity Producers 8,000 3,473
  Independent Power and Renewable    
CGN Power Co. Ltd., H Electricity Producers 384,000 82,705
Changchun High & New Technology Industry Group Inc. Pharmaceuticals 1,200 82,918
Changjiang Securities Co. Ltd. Capital Markets 12,800 16,550
Changzhou Xingyu Automotive LightingSystems Co. Ltd., A Auto Components 600 18,517
  Electronic Equipment, Instruments &    
Chaozhou Three-Circle Group Co. Ltd. Components 4,800 27,522
China Aerospace Times Electronics Co. Ltd., A Aerospace & Defense 4,800 5,527
China Aoyuan Group Ltd. Real Estate Management & Development 48,000 46,676
China Avic Avionics Equipment Co. Ltd., A Aerospace & Defense 3,200 9,679
China Baoan Group Co. Ltd. Industrial Conglomerates 8,000 9,272
a China Biologic Products Holdings Inc. Biotechnology 784 92,598
China Cinda Asset Management Co. Ltd., H Capital Markets 288,000 54,600
China CITIC Bank Corp. Ltd., A Banks 22,400 17,619

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
China CITIC Bank Corp. Ltd., H Banks 320,000 135,778
China Coal Energy Co. Ltd., A Oil, Gas & Consumable Fuels 16,000 10,959
China Coal Energy Co. Ltd., H Oil, Gas & Consumable Fuels 80,000 24,040
China Communications Services Corp. Ltd. Construction & Engineering 64,000 28,229
China Conch Venture Holdings Ltd. Construction & Engineering 56,000 272,278
China Construction Bank Corp., A Banks 20,800 20,106
China Construction Bank Corp., H Banks 3,152,000 2,394,331
a China COSCO Holdings Co. Ltd., A Marine 22,400 42,099
a China CSSC Holdings Ltd., A Machinery 4,800 13,070
b,c China East Education Holdings Ltd., 144A, Reg S Diversified Consumer Services 16,000 38,463
China Eastern Airlines Corp. Ltd., A Airlines 24,000 17,289
China Eastern Airlines Corp. Ltd., H Airlines 64,000 27,651
China Enterprise Co. Ltd., A Real Estate Management & Development 17,600 9,103
China Everbright Bank Co. Ltd., A Banks 91,200 56,012
China Everbright Bank Co. Ltd., H Banks 112,000 42,611
China Everbright Environment Group Ltd. Commercial Services & Supplies 112,000 63,267
China Everbright Ltd. Capital Markets 32,000 42,838
China Evergrande Group Real Estate Management & Development 80,000 153,730
b,c China Feihe Ltd., 144A, Reg S Food Products 90,000 210,786
China Film Co. Ltd., A Entertainment 4,800 9,206
China Foods Ltd. Beverages 32,000 10,483
China Fortune Land Development Co. Ltd., A Real Estate Management & Development 8,196 16,312
China Galaxy Securities Co. Ltd., A Capital Markets 4,800 9,243
China Galaxy Securities Co. Ltd., H Capital Markets 128,000 80,229
China Gas Holdings Ltd. Gas Utilities 89,600 355,911
China Gezhouba Group Co. Ltd., A Construction & Engineering 12,800 12,964
China Great Wall Securities Co. Ltd., A Capital Markets 4,800 9,509
  Technology Hardware, Storage &    
China Greatwall Technology Group Co. Ltd. Peripherals 6,400 18,707
China Hongqiao Group Ltd. Metals & Mining 96,000 87,905
China Huarong Asset Management Co. Ltd., H Capital Markets 368,000 40,816
a China International Capital Corp. Ltd., H Capital Markets 51,200 138,667
China International Marine Containers (Group) Co. Ltd., H Machinery 16,000 23,317
China International Marine Containers Group Co. Ltd. Machinery 3,500 8,076
China Jinmao Holdings Group Ltd. Real Estate Management & Development 192,000 88,400
China Jushi Co. Ltd., A Construction Materials 8,000 24,579
China Lesso Group Holdings Ltd. Building Products 32,000 50,102
China Life Insurance Co. Ltd., A Insurance 11,200 66,183
China Life Insurance Co. Ltd., H Insurance 256,000 564,571
a China Literature Ltd. Media 7,400 58,073
d China Lodging Group Ltd., ADR Hotels, Restaurants & Leisure 6,416 288,912
  Independent Power and Renewable    
China Longyuan Power Group Corp. Electricity Producers 112,000 112,233
China Machinery Engineering Corp., H Construction & Engineering 32,000 8,460
China Medical System Holdings Ltd. Pharmaceuticals 48,000 53,609
China Meheco Co. Ltd., A Trading Companies & Distributors 3,200 7,058
China Mengniu Dairy Co. Ltd. Food Products 91,000 549,250
China Merchants Bank Co. Ltd., A Banks 48,000 324,721
China Merchants Bank Co. Ltd., H Banks 128,000 808,888
China Merchants Energy Shipping Co. Ltd., A Oil, Gas & Consumable Fuels 17,600 15,306
China Merchants Port Holdings Co. Ltd. Transportation Infrastructure 42,000 51,404
China Merchants Property Operation & Service Co. Ltd., A Real Estate Management & Development 3,200 10,605
China Merchants Securities Co. Ltd. Capital Markets 41,600 62,235
China Merchants Securities Co. Ltd., A Capital Markets 18,000 64,667
China Merchants Shekou Industrial Zone Holdings Co. Ltd., A Real Estate Management & Development 17,600 36,004
China Minsheng Banking Corp. Ltd., A Banks 86,400 69,156
China Minsheng Banking Corp. Ltd., H Banks 216,000 123,128
China Mobile Ltd. Wireless Telecommunication Services 171,040 974,995
China Molybdenum Co. Ltd., A Metals & Mining 25,600 24,628
China Molybdenum Co. Ltd., H Metals & Mining 144,000 93,971
China National Building Material Co. Ltd., H Construction Materials 128,000 153,854
China National Medicines Corp. Ltd., A Health Care Providers & Services 1,600 12,144
  Independent Power and Renewable    
China National Nuclear Power Co. Ltd., A Electricity Producers 33,600 25,446

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
China National Software & Service Co. Ltd., A Software 800 9,699
a China Northern Rare Earth Group High-Tech Co. Ltd., A Metals & Mining 9,600 19,343
China Oilfield Services Ltd., A Energy Equipment & Services 4,800 9,435
China Oilfield Services Ltd., H Energy Equipment & Services 64,000 54,146
China Orient Securities Co. Ltd., A Capital Markets 14,400 25,778
China Overseas Land & Investment Ltd. Real Estate Management & Development 112,000 243,533
China Pacific Insurance Group Co. Ltd., A Insurance 16,000 94,572
China Pacific Insurance Group Co. Ltd., H Insurance 86,400 338,186
China Petroleum & Chemical Corp., A Oil, Gas & Consumable Fuels 83,200 51,611
China Petroleum & Chemical Corp., H Oil, Gas & Consumable Fuels 864,000 386,657
  Independent Power and Renewable    
China Power International Development Ltd. Electricity Producers 160,000 34,254
China Railway Group Ltd., A Construction & Engineering 48,000 38,937
China Railway Group Ltd., H Construction & Engineering 128,000 56,457
  Electronic Equipment, Instruments &    
c China Railway Signal & Communication Corp. Ltd., H, Reg S Components 48,000 16,095
China Reinsurance Group Corp., H Insurance 208,000 21,460
China Resources Beer Holdings Co. Ltd. Beverages 52,800 486,200
China Resources Cement Holdings Ltd. Construction Materials 74,000 82,648
China Resources Gas Group Ltd. Gas Utilities 32,000 170,238
China Resources Land Ltd. Real Estate Management & Development 94,600 390,412
China Resources Pharmaceutical Group Ltd. Pharmaceuticals 64,000 32,851
  Independent Power and Renewable    
China Resources Power Holdings Co. Ltd. Electricity Producers 62,400 67,198
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd. Pharmaceuticals 3,200 12,284
China Satellite Communications Co. Ltd., A Media 3,200 8,935
China Shenhua Energy Co. Ltd., A Oil, Gas & Consumable Fuels 17,600 48,791
China Shenhua Energy Co. Ltd., H Oil, Gas & Consumable Fuels 114,368 215,348
a China Shipbuilding Industry Co. Ltd., A Machinery 59,200 38,181
China Shipping Container Lines Co. Ltd., A Trading Companies & Distributors 25,600 11,703
China Shipping Development Co. Ltd., A Oil, Gas & Consumable Fuels 9,600 9,871
China South Publishing & Media Group Co. Ltd., A Media 4,800 7,041
a China Southern Airlines Co. Ltd., A Airlines 25,600 23,485
a China Southern Airlines Co. Ltd., H Airlines 64,000 38,133
China State Construction Engineering Corp. Ltd., A Construction & Engineering 104,000 79,561
China State Construction International Holdings Ltd. Construction & Engineering 64,000 36,483
China Taiping Insurance Holdings Co. Ltd. Insurance 51,200 92,312
China Telecom Corp. Ltd., H Diversified Telecommunication Services 384,000 106,476
China Tourism Group Duty Free Corp. Ltd., A Specialty Retail 4,800 208,686
b,c China Tower Corp. Ltd., H, 144A, Reg S Diversified Telecommunication Services 1,600,000 235,238
China Traditional Chinese Medicine Co. Ltd. Pharmaceuticals 96,000 47,543
China TransInfo Technology Co. Ltd. IT Services 1,600 4,709
China Unicom (Hong Kong) Ltd. Diversified Telecommunication Services 160,000 91,825
China United Network Communications Ltd., A Wireless Telecommunication Services 62,400 42,838
China Vanke Co. Ltd., A Real Estate Management & Development 24,000 106,024
China Vanke Co. Ltd., H Real Estate Management & Development 65,600 226,313
  Independent Power and Renewable    
China Yangtze Power Co. Ltd., A Electricity Producers 35,200 103,812
China Zheshang Bank Co. Ltd., A Banks 14,400 9,043
a China Zhongwang Holdings Ltd. Metals & Mining 51,200 9,641
Chinese Universe Publishing and Media Group Co. Ltd., A Media 4,800 7,455
Chongqing Brewery Co. Ltd., A Beverages 1,600 29,305
a Chongqing Changan Automobile Co. Ltd. Automobiles 11,200 37,720
a Chongqing Changan Automobile Co. Ltd., B Automobiles 28,800 29,566
Chongqing Fuling Zhacai Group Co. Ltd., A Food Products 1,600 10,418
Chongqing Rural Commercial Bank Co. Ltd., A Banks 9,600 6,650
Chongqing Rural Commercial Bank Co. Ltd., H Banks 80,000 32,603
Chongqing Zhifei Biological Products Co. Ltd. Biotechnology 3,200 72,855
CIFI Holdings Group Co. Ltd. Real Estate Management & Development 128,000 108,457
Cinda Real Estate Co. Ltd., A Real Estate Management & Development 6,400 3,990
Citic Pacific Ltd. Industrial Conglomerates 160,000 113,286
Citic Pacific Special Steel Group Co. Ltd., A Metals & Mining 12,080 40,517
CITIC Securities Co. Ltd., A Capital Markets 25,600 115,850
CITIC Securities Co. Ltd., H Capital Markets 80,000 180,349

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
CNOOC Energy Technology & Services Ltd. Energy Equipment & Services 20,800 7,652
CNOOC Ltd. Oil, Gas & Consumable Fuels 544,000 503,739
Contemporary Amperex Technology Co. Ltd. Electrical Equipment 1,800 97,281
COSCO SHIPPING Development Co. Ltd., H Trading Companies & Distributors 144,000 23,400
COSCO SHIPPING Energy Transportation Co. Ltd., H Oil, Gas & Consumable Fuels 44,000 17,308
a COSCO Shipping Holdings Co. Ltd. Marine 88,000 105,548
COSCO SHIPPING Ports Ltd. Transportation Infrastructure 64,000 44,489
Country Garden Holdings Co. Ltd. Real Estate Management & Development 256,000 353,930
Country Garden Services Holdings Co. Ltd. Commercial Services & Supplies 44,800 303,044
CSC Financial Co. Ltd., A Capital Markets 3,200 20,688
CSC Financial Co. Ltd., H Capital Markets 32,000 42,508
CSG Holding Co. Ltd. Construction Materials 46,400 17,952
CSG Holding Co. Ltd. Construction Materials 6,400 7,270
CSPC Pharmaceutical Group Ltd. Pharmaceuticals 291,680 298,306
Da An Gene Co. Ltd. of Sun Yat-Sen University Biotechnology 1,700 8,975
a Dada Nexus Ltd., ADR Internet & Direct Marketing Retail 688 25,112
Dali Foods Group Co. Ltd. Food Products 72,000 41,136
Daqin Railway Co. Ltd., A Road & Rail 36,800 36,592
  Independent Power and Renewable    
Datang International Power Generation Co. Ltd., A Electricity Producers 19,200 7,063
  Independent Power and Renewable    
Datang International Power Generation Co. Ltd., H Electricity Producers 96,000 12,381
Dazhong Transportation (Group) Co. Ltd., B Road & Rail 33,600 10,080
DHC Software Co. Ltd. IT Services 8,000 10,221
Dian Diagnostics Group Co. Ltd. Health Care Providers & Services 1,600 8,442
Dong-E-E-Jiao Co. Ltd., A Pharmaceuticals 1,600 9,534
Dongfang Electric Corp. Ltd., A Electrical Equipment 6,400 9,822
Dongfang Electric Corp. Ltd., H Electrical Equipment 12,800 9,360
Dongfeng Motor Group Co. Ltd., H Automobiles 96,000 111,924
Dongxing Securities Co. Ltd., A Capital Markets 8,000 16,402
East Group Co. Ltd., A Electrical Equipment 3,200 3,921
East Money Information Co. Ltd. Capital Markets 20,280 96,770
ENN Ecological Holdings Co. Ltd., A Chemicals 4,800 10,041
ENN Energy Holdings Ltd. Gas Utilities 26,100 383,059
Eve Energy Co. Ltd. Electrical Equipment 4,800 60,216
Everbright Securities Co. Ltd., A Capital Markets 9,600 27,367
Everbright Securities Co. Ltd., H Capital Markets 9,600 8,592
a Fangda Carbon New Material Co. Ltd. Electrical Equipment 11,200 12,188
Far East Horizon Ltd. Diversified Financial Services 64,000 65,949
a Faw Jiefang Group Co. Ltd. Automobiles 6,400 11,506
Fiberhome Telecommunication Technologies Co. Ltd., A Communications Equipment 3,200 11,861
Financial Street Holdings Co. Ltd. Real Estate Management & Development 4,800 4,766
First Capital Securities Co. Ltd. Capital Markets 9,600 14,703
  Semiconductors & Semiconductor    
Flat Glass Group Co. Ltd., H Equipment 16,000 67,373
Focus Media Information Technology Co. Ltd. Media 36,800 55,908
Foshan Haitian Flavouring & Food Co. Ltd. Food Products 3,220 99,396
Fosun International Ltd. Industrial Conglomerates 72,000 113,100
a Founder Securities Co. Ltd., A Capital Markets 20,800 33,201
  Electronic Equipment, Instruments &    
Foxconn Industrial Internet Co. Ltd., A Components 9,600 20,229
Fujian Sunner Development Co. Ltd. Food Products 3,200 13,073
Fuyao Glass Industry Group Co. Ltd., A Auto Components 4,800 35,501
Fuyao Group Glass Industries Co. Ltd., H Auto Components 19,200 105,486
G-bits Network Technology Xiamen Co. Ltd., A Entertainment 100 6,557
Ganfeng Lithium Co. Ltd. Metals & Mining 3,200 49,847
Ganfeng Lithium Co. Ltd., H Metals & Mining 5,400 64,489
  Semiconductors & Semiconductor    
a GCL System Integration Technology Co. Ltd. Equipment 16,000 10,467
a,d GDS Holdings Ltd., ADR IT Services 3,696 346,093
Geely Automobile Holdings Ltd. Automobiles 181,000 618,596
GEM Co. Ltd. Metals & Mining 11,200 12,051
Gemdale Corp., A Real Estate Management & Development 11,200 23,274
Genimous Technology Co. Ltd. Software 4,800 4,921

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a Genscript Biotech Corp. Life Sciences Tools & Services 32,000 46,552
GF Securities Co. Ltd. Capital Markets 14,400 36,085
GF Securities Co. Ltd., H Capital Markets 54,400 76,894
  Semiconductors & Semiconductor    
Gigadevice Semiconductor Beijing Inc., A Equipment 1,320 40,128
a Global Top E-Commerce Co. Ltd. Internet & Direct Marketing Retail 3,200 2,532
Glodon Co. Ltd. Software 1,600 19,392
  Electronic Equipment, Instruments &    
GoerTek Inc. Components 8,000 45,956
a GOME Retail Holdings Ltd. Specialty Retail 384,000 46,057
Grandjoy Holdings Group Co. Ltd., A Real Estate Management & Development 11,200 7,585
Great Wall Motor Co. Ltd., A Automobiles 8,000 46,559
Great Wall Motor Co. Ltd., H Automobiles 104,000 356,778
Gree Electric Appliances Inc. of Zhuhai Household Durables 6,000 57,205
Greendland Holdings Corp. Ltd., A Real Estate Management & Development 14,400 12,922
Greentown China Holdings Ltd. Real Estate Management & Development 24,000 35,100
  Technology Hardware, Storage &    
GRG Banking Equipment Co. Ltd. Peripherals 6,400 10,521
a GSX Techedu Inc., ADR Diversified Consumer Services 1,552 80,254
  Independent Power and Renewable    
Guangdong Electric Power Development Co. Ltd., B Electricity Producers 22,400 6,731
a Guangdong Golden Dragon Development Inc. Capital Markets 1,600 3,894
Guangdong Haid Group Co. Ltd. Food Products 3,200 32,263
a Guangdong HEC Technology Holding Co. Ltd., A Metals & Mining 9,600 7,433
Guangdong Investment Ltd. Water Utilities 99,500 179,139
Guangdong Kinlong Hardware Products Co. Ltd., A Building Products 400 8,866
  Electronic Equipment, Instruments &    
Guangdong LY Intelligent Manufacturing Co. Ltd. Components 16,000 29,529
Guangdong Xinbao Electrical Appliances Holdings Co. Ltd. Household Durables 1,600 10,405
a Guanghui Energy Co. Ltd., A Oil, Gas & Consumable Fuels 12,800 5,576
Guangshen Railway Co. Ltd., H Road & Rail 64,000 11,556
Guangxi Liugong Machinery Co. Ltd. Machinery 6,400 7,251
Guangzhou Automobile Group Co. Ltd., A Automobiles 6,400 13,092
Guangzhou Automobile Group Co. Ltd., H Automobiles 106,000 117,841
Guangzhou Baiyun International Airport Co. Ltd., A Transportation Infrastructure 4,800 10,440
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., A Pharmaceuticals 3,200 14,407
Guangzhou Baiyunshan Pharmceutical Holdings Co. Ltd. Pharmaceuticals 9,600 23,549
Guangzhou Haige Communications Group Inc. Co. Communications Equipment 4,800 8,002
Guangzhou Kingmed Diagnostics Group Co. Ltd., A Health Care Providers & Services 1,600 31,553
Guangzhou R&F Properties Co. Ltd., H Real Estate Management & Development 51,200 65,834
Guangzhou TInc.i Materials Technology Co. Ltd. Chemicals 1,600 25,564
Guangzhou Yuexiu Financial Holdings Group Co. Ltd., A Capital Markets 3,200 7,172
Guizhou Bailing Group Pharmaceutical Co. Ltd., A Pharmaceuticals 4,800 5,785
a Guolian Securities Co. Ltd., A Capital Markets 3,200 10,506
Guosen Securities Co. Ltd. Capital Markets 11,200 23,515
a Guosheng Financial Holding Inc. Electrical Equipment 6,400 13,545
Guotai Junan Securities Co. Ltd. Capital Markets 25,600 37,308
Guotai Junan Securities Co. Ltd., A Capital Markets 17,600 47,490
a Guoxuan High-Tech Co. Ltd. Electrical Equipment 3,200 19,269
Guoyuan Securities Co. Ltd. Capital Markets 9,600 13,240
b,c Haidilao International Holding Ltd., 144A, Reg S Hotels, Restaurants & Leisure 28,000 215,583
Haier Smart Home Co. Ltd., A Household Durables 16,000 71,939
a Haier Smart Home Co. Ltd., H Household Durables 68,800 249,332
Haitian International Holdings Ltd. Machinery 21,000 72,583
Haitong Securities Co. Ltd., A Capital Markets 24,000 47,508
Haitong Securities Co. Ltd., H Capital Markets 115,200 102,960
Han's Laser Technology Industry Group Co. Ltd., A Machinery 3,200 21,057
a Hang Zhou Great Star Industrial Co. Ltd. Household Durables 3,200 15,324
Hangzhou Binjiang Real Estate Group Co. Ltd. Real Estate Management & Development 9,600 6,783
  Semiconductors & Semiconductor    
Hangzhou First Applied Material Co. Ltd., A Equipment 1,600 21,032
Hangzhou Robam Appliances Co. Ltd., A Household Durables 1,600 10,043
Hangzhou Shunwang Technology Co. Ltd. Entertainment 1,600 4,224
Hangzhou Tigermed Consulting Co. Ltd. Life Sciences Tools & Services 1,600 39,801

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a,b,c Hangzhou Tigermed Consulting Co. Ltd., H, 144A, Reg S Life Sciences Tools & Services 3,500 81,024
a Hansoh Pharmaceutical Group Co. Ltd. Pharmaceuticals 32,000 155,175
Harbin Boshi Automation Co. Ltd. Machinery 3,200 5,970
Health & Happiness H&H International Holdings Ltd. Food Products 3,400 12,585
Hefei Meiya Optoelectronic Technology Inc. Machinery 1,600 10,905
Heilongjiang Agriculture Co. Ltd., A Food Products 4,800 14,223
Henan Shuanghui Investment & Development Co. Ltd. Food Products 8,000 57,802
Hengan International Group Co. Ltd. Personal Products 25,000 177,009
  Electronic Equipment, Instruments &    
Hengdian Group DMEGC Magnetics Co. Ltd. Components 4,800 11,223
Hengli Petrochemical Co. Ltd., A Chemicals 8,000 34,442
a HengTen Networks Group Ltd. Internet & Direct Marketing Retail 640,000 21,873
Hengtong Optic-electric Co. Ltd., A Communications Equipment 4,800 10,336
Hengyi Petrochemical Co. Ltd., A Chemicals 8,000 15,762
a Hesteel Co. Ltd. Metals & Mining 17,600 6,068
Hithink RoyalFlush Information Network Co. Ltd. Capital Markets 1,300 24,809
  Electronic Equipment, Instruments &    
Holitech Technology Co. Ltd. Components 9,600 6,059
Hongfa Technology Co. Ltd., A Electrical Equipment 1,600 13,353
Hongta Securities Co. Ltd., A Capital Markets 3,200 9,157
Hopson Development Holdings Ltd. Real Estate Management & Development 20,000 50,968
  Semiconductors & Semiconductor    
a,c Hua Hong Semiconductor Ltd., Reg S Equipment 11,000 62,421
Huaan Securities Co. Ltd., A Capital Markets 6,400 7,881
  Independent Power and Renewable    
Huadian Power International Corp. Ltd., A Electricity Producers 17,600 9,211
  Independent Power and Renewable    
Huadian Power International Corp. Ltd., H Electricity Producers 64,000 16,095
Huadong Medicine Co. Ltd., A Health Care Providers & Services 4,800 19,624
  Electronic Equipment, Instruments &    
Huagong Tech Co. Ltd. Components 3,200 11,422
Huaibei Mining Holdings Co. Ltd., A Metals & Mining 6,400 11,024
Hualan Biological Engineering Inc. Biotechnology 3,860 25,097
  Independent Power and Renewable    
Huaneng Power International Inc., A Electricity Producers 17,600 12,137
  Independent Power and Renewable    
Huaneng Power International Inc., H Electricity Producers 128,000 46,717
Huapont Life Sciences Co. Ltd. Chemicals 3,200 2,729
Huatai Securities Co. Ltd., A Capital Markets 17,600 48,791
Huatai Securities Co. Ltd., H Capital Markets 54,400 85,594
Huaxi Securities Co. Ltd. Capital Markets 3,200 6,147
Huaxia Bank Co. Ltd., A Banks 38,400 36,942
Huaxin Cement Co. Ltd., A Construction Materials 3,200 10,162
Huaxin Cement Co. Ltd., B Construction Materials 11,200 24,270
Huayu Automotive Systems Co. Ltd. Auto Components 8,000 35,489
Hubei Biocause Pharmaceutical Co. Ltd. Insurance 14,400 10,794
  Independent Power and Renewable    
Hubei Energy Group Co. Ltd. Electricity Producers 12,800 7,645
Huizhou Desay Sv Automotive Co. Ltd. Household Durables 1,600 20,722
Humanwell Healthcare Group Co. Ltd., A Pharmaceuticals 3,200 16,688
Hunan Valin Steel Co. Ltd. Metals & Mining 16,000 11,772
Hundsun Technologies Inc., A Software 2,100 33,908
Huolinhe Opencut Coal Industry Corp. Ltd. of Inner Mongolia Oil, Gas & Consumable Fuels 3,200 5,389
a HyUnion Holding Co. Ltd. Auto Components 4,800 5,438
Iflytek Co. Ltd. Software 4,800 30,196
Industrial and Commercial Bank of China Ltd. Banks 182,400 140,099
Industrial and Commercial Bank of China Ltd., H Banks 2,656,000 1,722,974
Industrial Bank Co. Ltd., A Banks 49,600 159,336
Industrial Securities Co. Ltd., A Capital Markets 16,000 21,377
a Inner Mongolia BaoTou Steel Union Co. Ltd., A Metals & Mining 88,000 15,848
Inner Mongolia First Machinery Group Co. Ltd., A Machinery 4,800 8,984
Inner Mongolia Yili Industrial Group Co. Ltd., A Food Products 14,400 98,347
Inner Mongolia Yitai Coal Co. Ltd., B Oil, Gas & Consumable Fuels 33,600 18,816
a Innovent Biologics Inc. Biotechnology 42,500 449,728

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
  Technology Hardware, Storage &    
Inspur Electronic Information Industry Co. Ltd. Peripherals 3,308 13,687
Intco Medical Technology Co. Ltd. Health Care Equipment & Supplies 450 11,647
a,d Iqiyi Inc., ADR Entertainment 8,000 139,840
Jafron Biomedical Co. Ltd., A Health Care Equipment & Supplies 1,600 16,703
Jason Furniture Hangzhou Co. Ltd., A Household Durables 1,600 17,365
a JD Health International Inc. Internet & Direct Marketing Retail 6,400 123,809
a JD.com Inc., ADR Internet & Direct Marketing Retail 29,680 2,608,872
Jiangsu Eastern Shenghong Co. Ltd. Chemicals 6,400 9,339
Jiangsu Expressway Co. Ltd., A Transportation Infrastructure 4,800 6,805
Jiangsu Expressway Co. Ltd., H Transportation Infrastructure 42,000 46,962
Jiangsu Hengli Hydraulic Co. Ltd., A Machinery 2,080 36,179
Jiangsu Hengrui Medicine Co. Ltd., A Pharmaceuticals 12,800 219,604
Jiangsu King's Luck Brewery JSC Ltd Beverages 3,200 28,263
Jiangsu Yanghe Brewery JST Co. Ltd., A Beverages 3,800 138,035
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd. Health Care Equipment & Supplies 3,200 13,895
Jiangsu Zhongnan Construction Group Co. Ltd. Real Estate Management & Development 9,600 13,048
Jiangsu Zhongtian Technology Co. Ltd., A Electrical Equipment 9,600 16,018
Jiangxi Copper Co. Ltd., A Metals & Mining 4,800 14,740
Jiangxi Copper Co. Ltd., H Metals & Mining 48,000 75,400
Jiangxi Zhengbang Technology Co. Ltd., A Food Products 6,400 16,786
Jiayuan International Group Ltd. Real Estate Management & Development 32,000 12,670
Jilin Aodong Pharmaceutical Group Co. Ltd. Pharmaceuticals 3,200 8,112
Jinduicheng Molybdenum Co. Ltd., A Metals & Mining 4,800 4,588
Jinke Properties Group Co. Ltd. Real Estate Management & Development 12,800 13,969
b,c Jinxin Fertility Group Ltd., 144A, Reg S Health Care Providers & Services 42,000 85,583
Jinyu Bio-Technology Co. Ltd., A Biotechnology 3,200 10,290
JoInc., Aare Pharmaceutical Group Industry Co. Ltd., A Pharmaceuticals 4,800 10,277
a Jointown Pharmaceutical Group Co. Ltd., A Health Care Providers & Services 4,800 13,417
Jonjee Hi-Tech Industrial And Commercial Holding Co. Ltd., A Food Products 1,600 16,415
Joyoung Co. Ltd. Household Durables 1,600 7,891
JOYY Inc., ADR Interactive Media & Services 1,888 151,002
a KE Holdings Inc., ADR Real Estate Management & Development 3,680 226,467
  Electronic Equipment, Instruments &    
Kingboard Holdings Ltd. Components 24,000 101,214
Kingdee International Software Group Co. Ltd. Software 84,000 342,333
Kingfa Sci & Tech Co. Ltd. Chemicals 6,400 16,885
a Kingsoft Cloud Holdings Ltd., ADR IT Services 1,168 50,866
Kingsoft Corp. Ltd. Software 29,000 187,004
a Kuang-Chi Technologies Co. Ltd. Auto Components 4,800 16,439
Kunlun Energy Co. Ltd. Gas Utilities 108,000 93,321
a Kunwu Jiuding Investment Holdings Co. Ltd., A Capital Markets 1,600 4,815
Kweichow Moutai Co. Ltd., A Beverages 3,000 922,629
KWG Group Holdings Ltd. Real Estate Management & Development 40,000 54,579
a,c KWG Living Group Holdings Ltd., Reg S Real Estate Management & Development 33,500 27,219
Lao Feng Xiang Co. Ltd., B Textiles, Apparel & Luxury Goods 6,400 18,547
Laobaixing Pharmacy Chain JSC Food & Staples Retailing 1,600 15,474
  Technology Hardware, Storage &    
Legend Holdings Corp., H Peripherals 19,200 25,208
  Technology Hardware, Storage &    
e Legend Holdings Corp., rts., 2/20/49 Peripherals 830 —
  Electronic Equipment, Instruments &    
Lens Technology Co. Ltd. Components 4,800 22,616
Leo Group Co. Ltd. Media 17,600 8,209
Lepu Medical Technology Beijing Co. Ltd. Health Care Equipment & Supplies 4,800 20,082
  Electronic Equipment, Instruments &    
Leyard Optoelectronic Co. Ltd. Components 4,800 4,699
a Li Auto Inc., ADR Automobiles 3,200 92,256
Li Ning Co. Ltd. Textiles, Apparel & Luxury Goods 69,500 477,743
  Electronic Equipment, Instruments &    
LianChuang Electronic Technology Co. Ltd. Components 3,860 6,144
Lianhe Chemical Technology Co. Ltd., A Chemicals 1,600 5,908
Liaoning Cheng Da Co. Ltd., A Distributors 3,200 11,979
Livzon Pharmaceutical Group Inc., H Pharmaceuticals 6,400 24,803

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Livzon Pharmaceutical Group, Inc. Pharmaceuticals 1,600 9,974
Logan Group Co. Ltd. Real Estate Management & Development 32,000 52,413
Lomon Billions Group Co. Ltd. Chemicals 4,800 22,734
b,c Longfor Group Holdings Ltd., 144A, Reg S Real Estate Management & Development 62,040 363,254
  Semiconductors & Semiconductor    
LONGi Green Energy Technology Co. Ltd., A Equipment 9,600 136,243
Luenmei Quantum Co. Ltd., A Water Utilities 3,200 5,591
a,d Lufax Holding Ltd., ADR Consumer Finance 6,400 90,880
  Electronic Equipment, Instruments &    
Luxshare Precision Industry Co. Ltd., A Components 16,099 139,068
Luye Pharma Group Ltd. Pharmaceuticals 56,000 26,072
Luzhou Laojiao Co. Ltd., A Beverages 3,800 132,285
Maanshan Iron & Steel Co. Ltd., A Metals & Mining 8,000 3,276
Maanshan Iron & Steel Co. Ltd., H Metals & Mining 32,000 8,832
Maccura Biotechnology Co. Ltd. Life Sciences Tools & Services 1,600 11,477
Mango Excellent Media Co. Ltd. Entertainment 4,830 53,901
  Electronic Equipment, Instruments &    
Maxscend Microelectronics Co. Ltd., A Components 300 26,346
a Meinian Onehealth Healthcare Holdings Co. Ltd. Health Care Providers & Services 9,600 16,742
a,c Meituan Dianping, B, Reg S Internet & Direct Marketing Retail 121,000 4,597,277
Metallurgical Corp. of China Ltd. Construction & Engineering 112,000 19,789
Metallurgical Corp. of China Ltd., A Construction & Engineering 35,200 14,792
Momo Inc., ADR Interactive Media & Services 5,328 74,379
Muyuan Foods Co. Ltd. Food Products 8,400 99,688
NanJi E-Commerce Co. Ltd. Media 6,400 13,476
Nanjing Iron & Steel Co. Ltd., A Metals & Mining 16,000 7,684
Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd. Pharmaceuticals 300 1,622
Nanjing Securities Co. Ltd., A Capital Markets 8,000 15,109
a Nanyang Topsec Technologies Group Inc., A Electrical Equipment 3,200 10,349
Nari Technology Development Co. Ltd., A Electrical Equipment 11,200 45,806
  Semiconductors & Semiconductor    
NAURA Technology Group Co. Ltd., A Equipment 1,300 36,167
NavInfo Co. Ltd. Household Durables 4,800 10,543
NetEase Inc., ADR Entertainment 12,816 1,227,388
New China Life Insurance Co. Ltd., A Insurance 4,800 42,831
New China Life Insurance Co. Ltd., H Insurance 30,400 118,599
New Hope Liuhe Co. Ltd. Food Products 11,200 38,617
a New Oriental Education & Technology Group Inc., ADR Diversified Consumer Services 4,960 921,618
Newland Digital Technology Co. Ltd. Software 3,200 7,526
Nine Dragons Paper Holdings Ltd. Paper & Forest Products 54,000 76,607
  Technology Hardware, Storage &    
Ninestar Corp. Peripherals 1,600 6,583
Ningbo Joyson Electronic Corp. Auto Components 3,200 12,491
Ningbo Tuopu Group Co. Ltd., A Auto Components 3,200 18,929
Ningbo Zhoushan Port Co. Ltd., A Transportation Infrastructure 19,200 11,585
Ningxia Baofeng Energy Group Co. Ltd. Chemicals 4,800 8,644
a NIO Inc., ADR Automobiles 37,424 1,824,046
Northeast Securities Co. Ltd. Capital Markets 4,800 7,255
NSFOCUS Information Technology Co. Ltd. Software 1,600 3,763
Oceanwide Holdings Co. Ltd. Diversified Financial Services 12,800 6,462
Offcn Education Technology Co. Ltd., A Diversified Consumer Services 4,800 25,956
Offshore Oil Engineering Co. Ltd., A Energy Equipment & Services 12,800 8,846
  Electronic Equipment, Instruments &    
OFILM Group Co. Ltd. Components 6,400 12,984
a OneConnect Financial Technology Co. Ltd., ADR Software 1,744 34,374
Oppein Home Group Inc., A Household Durables 500 10,351
Orient Securities Co. Ltd. of China, H Capital Markets 25,600 18,027
Oriental Pearl Group Co. Ltd., A Media 9,600 13,210
a Ourpalm Co. Ltd. Entertainment 8,000 6,292
Ovctek China, Inc., A Health Care Equipment & Supplies 1,600 20,175
People.cn Co. Ltd. Media 1,600 4,162
Perfect World Co. Ltd. Entertainment 3,700 16,801
PetroChina Co. Ltd., H Oil, Gas & Consumable Fuels 704,000 217,905
b,c Pharmaron Beijing Co. Ltd., H, 144A, Reg S Life Sciences Tools & Services 4,800 81,095

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
PICC Property and Casualty Co. Ltd., H Insurance 224,000 169,578
a Pinduoduo Inc., ADR Internet & Direct Marketing Retail 9,712 1,725,531
Ping An Bank Co. Ltd., A Banks 46,400 138,129
a,c Ping An Healthcare and Technology Co. Ltd., Reg S Health Care Technology 12,800 155,175
Ping An Insurance Group Co. of China Ltd., A Insurance 25,600 342,744
Ping An Insurance Group Co. of China Ltd., H Insurance 200,500 2,456,522
Poly Developments and Holdings Group Co. Ltd., A Real Estate Management & Development 28,800 70,131
Poly Property Group Co. Ltd. Real Estate Management & Development 64,000 18,736
Poly Property Services Co. Ltd., H Real Estate Management & Development 4,200 33,096
Postal Savings Bank of China Co. Ltd., H Banks 320,000 180,762
Power Construction Corp. of China Ltd. Construction & Engineering 28,800 17,200
Proya Cosmetics Co. Ltd., A Personal Products 300 8,220
c Qingdao Port International Co. Ltd., H, Reg S Transportation Infrastructure 48,000 29,652
Qingdao TGOOD Electric Co. Ltd. Electrical Equipment 3,200 14,462
Red Star Macalline Group Corp. Ltd. Real Estate Management & Development 20,400 12,392
Red Star Macalline Group Corp. Ltd., A Real Estate Management & Development 3,400 4,443
RiseSun Real Estate Development Co. Ltd. Real Estate Management & Development 8,000 8,041
Rongsheng Petro Chemical Co. Ltd. Chemicals 6,400 27,199
SAIC Motor Corp Ltd Automobiles 24,000 90,287
  Semiconductors & Semiconductor    
Sanan Optoelectronics Co. Ltd., A Equipment 11,200 46,564
Sangfor Technologies Inc. Software 300 11,453
Sansteel Minguang Co. Ltd. Metals & Mining 8,000 8,287
Sany Heavy Industry Co. Ltd., A Machinery 20,800 111,994
SDIC Capital Co. Ltd., A Capital Markets 8,000 17,030
  Independent Power and Renewable    
SDIC Power Holdings Co. Ltd., A Electricity Producers 16,000 21,279
Sealand Securities Co. Ltd. Capital Markets 10,640 9,597
a Seazen Group Ltd. Real Estate Management & Development 64,000 53,238
Seazen Holdings Co. Ltd., A Real Estate Management & Development 6,400 34,312
SF Holding Co. Ltd. Air Freight & Logistics 6,400 86,917
  Semiconductors & Semiconductor    
SG Micro Corp., A Equipment 300 12,182
Shaanxi Coal Industry Co. Ltd. Oil, Gas & Consumable Fuels 17,600 25,303
Shaanxi International Trust Co. Ltd. Capital Markets 11,200 6,499
Shandong Chenming Paper Holdings Ltd., B Paper & Forest Products 27,200 9,998
Shandong Chenming Paper Holdings Ltd., H Paper & Forest Products 16,000 7,697
Shandong Denghai Seeds Co. Ltd., A Food Products 1,600 5,497
b,c Shandong Gold Mining Co. Ltd., 144A, Reg S Metals & Mining 16,500 38,091
Shandong Gold Mining Co. Ltd., A Metals & Mining 8,684 31,573
Shandong Himile Mechanical Science & Technology Co. Ltd., A Machinery 1,600 7,302
Shandong Hualu Hengsheng Chemical Co. Ltd., A Chemicals 3,200 18,373
Shandong Linglong Tyre Co. Ltd., A Auto Components 1,600 8,662
Shandong Nanshan Aluminum Co. Ltd., A Metals & Mining 35,200 17,121
Shandong Pharmaceutical Glass Co. Ltd., A Health Care Equipment & Supplies 1,600 12,351
Shandong Sinocera Functional Material Co. Ltd., A Chemicals 1,600 11,110
Shandong Sun Paper Industry JSC Ltd. Paper & Forest Products 6,400 14,215
Shandong Weigao Group Medical Polymer Co. Ltd., H Health Care Equipment & Supplies 79,100 178,728
Shanghai 2345 Network Holding Group Co. Ltd. Software 4,800 1,670
Shanghai AJ Group Co. Ltd., A Diversified Financial Services 6,400 7,408
Shanghai Bairun Investment Holding Group Co. Ltd., A Beverages 1,600 25,685
Shanghai Baosight Software Co. Ltd., A Software 1,600 16,988
Shanghai Baosight Software Co. Ltd., B Software 11,220 45,632
Shanghai Construction Group Co. Ltd., A Construction & Engineering 19,200 8,896
Shanghai Dazhong Public Utilities Group Co. Ltd., A Gas Utilities 4,800 3,059
a Shanghai Electric Group Co. Ltd., A Electrical Equipment 19,200 15,959
a Shanghai Electric Group Co. Ltd., H Electrical Equipment 96,000 29,467
  Independent Power and Renewable    
Shanghai Electric Power Co. Ltd., A Electricity Producers 8,000 8,768
Shanghai Environment Group Co. Ltd., A Commercial Services & Supplies 3,200 5,369
Shanghai Fosun Pharmaceutical Group Co. Ltd., A Pharmaceuticals 4,800 39,890
Shanghai Fosun Pharmaceutical Group Co. Ltd., H Pharmaceuticals 16,000 76,452
Shanghai Industrial Holdings Ltd. Industrial Conglomerates 16,000 21,873
Shanghai International Airport Co. Ltd., A Transportation Infrastructure 4,800 55,901

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Shanghai International Port Group Co. Ltd., A Transportation Infrastructure 27,200 19,134
Shanghai Jahwa United Co. Ltd., A Personal Products 1,600 8,553
Shanghai Jinjiang International Hotels Co. Ltd. Hotels, Restaurants & Leisure 6,400 12,544
Shanghai Jinjiang International Hotels Co. Ltd., A Hotels, Restaurants & Leisure 1,600 12,691
Shanghai Jinqiao Export Processing Zone Development Co. Ltd., B Real Estate Management & Development 6,400 5,875
a,b,c Shanghai Junshi Biosciences Co. Ltd., H, 144A, Reg S Biotechnology 6,400 46,883
Shanghai Lingang Holdings Corp. Ltd. Real Estate Management & Development 3,200 9,861
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., A Real Estate Management & Development 4,800 7,906
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., B Real Estate Management & Development 36,800 28,778
Shanghai M&G Stationery Inc., A Commercial Services & Supplies 1,600 21,811
Shanghai Mechanical and Electrical Industry Co. Ltd., B Machinery 11,200 16,643
Shanghai Pharmaceuticals Holding Co. Ltd., A Health Care Providers & Services 4,800 14,186
Shanghai Pharmaceuticals Holding Co. Ltd., H Health Care Providers & Services 32,000 56,375
Shanghai Pudong Development Bank Co. Ltd., A Banks 71,915 107,153
Shanghai RAAS Blood Products Co. Ltd., A Biotechnology 14,400 16,402
Shanghai Shibei Hi-Tech Co. Ltd., B Real Estate Management & Development 17,600 5,966
Shanghai Shimao Co. Ltd., A Real Estate Management & Development 6,400 4,541
Shanghai Tunnel Engineering Co. Ltd., A Construction & Engineering 9,600 7,994
Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd. Trading Companies & Distributors 4,800 4,416
Shanghai Yuyuan Tourist Mart Group Co. Ltd., A Specialty Retail 9,600 13,137
Shanghai Zhangjiang High-Tech Park Development Co. Ltd., A Real Estate Management & Development 3,200 8,393
Shanghai Zhenhua Port Machinery Co. Ltd., B Machinery 35,200 9,082
Shanxi Lu'an Environmental Energy Development Co. Ltd., A Oil, Gas & Consumable Fuels 9,600 9,605
Shanxi Securities Co. Ltd. Capital Markets 8,200 11,297
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., A Beverages 1,900 109,757
Shanxi Xishan Coal & Electricity Power Co. Ltd. Oil, Gas & Consumable Fuels 8,000 6,945
  Independent Power and Renewable    
Shenergy Co. Ltd., A Electricity Producers 14,400 11,570
  Electronic Equipment, Instruments &    
Shengyi Technology Co. Ltd., A Components 6,400 27,741
  Electronic Equipment, Instruments &    
Shennan Circuits Co. Ltd., A Components 1,100 18,297
Shenwan Hongyuan Group Co. Ltd. Capital Markets 52,800 42,912
b,c Shenwan Hongyuan Group Co. Ltd., 144A, Reg S Capital Markets 64,000 18,324
Shenzhen Agricultural Products Group Co. Ltd. Food & Staples Retailing 6,400 6,945
Shenzhen Airport Co. Ltd. Transportation Infrastructure 6,400 8,048
  Independent Power and Renewable    
Shenzhen Energy Group Co. Ltd. Electricity Producers 12,800 11,999
  Electronic Equipment, Instruments &    
Shenzhen Everwin Precision Technology Co. Ltd. Components 1,600 6,071
Shenzhen Expressway Co. Ltd., H Transportation Infrastructure 32,000 30,127
Shenzhen Gas Corporation Ltd., A Gas Utilities 5,500 6,129
  Semiconductors & Semiconductor    
Shenzhen Goodix Technology Co. Ltd., A Equipment 200 4,789
a Shenzhen Hepalink Pharmaceutical Group Co. Ltd. Pharmaceuticals 8,000 12,216
Shenzhen Hepalink Pharmaceutical Group Co. Ltd., A Pharmaceuticals 1,600 4,241
Shenzhen Huaqiang Industry Co. Ltd. Real Estate Management & Development 3,200 6,127
a Shenzhen Infogem Technologies Co. Ltd., A Software 1,600 4,554
Shenzhen Inovance Technology Co. Ltd. Machinery 4,800 68,934
Shenzhen International Holdings Ltd. Transportation Infrastructure 32,000 51,670
Shenzhen Investment Ltd. Real Estate Management & Development 128,000 43,911
  Technology Hardware, Storage &    
Shenzhen Kaifa Technology Co. Ltd. Peripherals 3,200 9,364
Shenzhen Kangtai Biological Products Co. Ltd. Biotechnology 1,600 42,976
Shenzhen Kingdom Sci-Tech Co. Ltd., A Software 1,600 3,992
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., A Health Care Equipment & Supplies 2,000 131,144
a Shenzhen MTC Co. Ltd. Household Durables 12,800 12,216
a Shenzhen Neptunus Bioengineering Co. Ltd. Health Care Providers & Services 9,600 5,926
Shenzhen Overseas Chinese Town Co. Ltd. Hotels, Restaurants & Leisure 17,600 19,207
Shenzhen Salubris Pharmaceuticals Co. Ltd. Pharmaceuticals 3,200 13,954
  Semiconductors & Semiconductor    
Shenzhen SC New Energy Technology Corp., A Equipment 500 11,206
Shenzhen Sunway Communication Co. Ltd. Communications Equipment 1,600 8,837
Shenzhen YUTO Packaging Technology Co. Ltd., A Containers & Packaging 1,600 7,541

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., A Metals & Mining 8,000 5,935
Shenzhou International Group Holdings Ltd. Textiles, Apparel & Luxury Goods 25,600 501,841
a Shijiazhuang Changshan BeiMing Technology Co. Ltd. Textiles, Apparel & Luxury Goods 4,800 4,581
Shijiazhuang Yiling Pharmaceutical Co. Ltd. Pharmaceuticals 1,600 6,280
Shimao Group Holdings Ltd. Real Estate Management & Development 48,000 152,905
Shougang Fushan Resources Group Ltd. Metals & Mining 128,000 30,044
a Siasun Robot & Automation Co. Ltd. Machinery 3,200 6,059
  Independent Power and Renewable    
Sichuan Chuantou Energy Co Ltd., A Electricity Producers 9,600 14,851
Sichuan Expressway Co. Ltd., A Transportation Infrastructure 14,400 7,049
Sichuan Expressway Co. Ltd., H Transportation Infrastructure 32,000 7,429
Sichuan Kelun Pharmaceutical Co. Ltd. Pharmaceuticals 3,200 9,575
Sichuan Swellfun Co. Ltd., A Beverages 1,600 20,446
Sieyuan Electric Co. Ltd. Electrical Equipment 1,600 4,940
a,d SINA Corp. Interactive Media & Services 1,712 72,555
Sino-Ocean Land Holdings Ltd. Real Estate Management & Development 88,000 17,591
Sinolink Securities Co. Ltd., A Capital Markets 8,000 20,035
Sinoma Science & Technology Co. Ltd. Chemicals 4,800 17,865
Sinopec Engineering Group Co. Ltd. Construction & Engineering 48,000 20,676
a Sinopec Oilfield Service Corp. Energy Equipment & Services 64,000 5,035
Sinopec Shanghai Petrochemical Co. Ltd., A Chemicals 8,000 4,236
Sinopec Shanghai Petrochemical Co. Ltd., H Chemicals 128,000 27,238
Sinopharm Group Co. Ltd., H Health Care Providers & Services 44,800 108,969
Sinotrans Ltd., A Air Freight & Logistics 12,800 8,669
Sinotrans Ltd., H Air Freight & Logistics 80,000 29,095
Sinotruk Hong Kong Ltd. Machinery 24,000 61,286
a Smoore International Holdings Ltd. Tobacco 28,000 216,125
a Soho China Ltd. Real Estate Management & Development 56,000 16,683
Songcheng Performance Development Co. Ltd. Hotels, Restaurants & Leisure 5,460 14,892
SooChow Securities Co. Ltd., A Capital Markets 9,080 13,781
Southwest Securities Co. Ltd., A Capital Markets 17,600 14,575
Spring Airlines Co. Ltd., A Airlines 1,600 13,651
STO Express Co. Ltd. Air Freight & Logistics 3,200 4,965
Sunac China Holdings Ltd. Real Estate Management & Development 84,000 310,375
a Sunac Services Holdings Ltd. Real Estate Management & Development 17,898 39,610
Sungrow Power Supply Co. Ltd. Electrical Equipment 3,200 35,602
Suning.com Co. Ltd. Specialty Retail 24,000 28,482
  Electronic Equipment, Instruments &    
Sunny Optical Technology Group Co. Ltd. Components 22,400 490,244
Sunwoda Electronic Co. Ltd., A Electrical Equipment 3,200 15,127
Suofeiya Home Collection Co. Ltd. Household Durables 1,600 6,379
a Suzhou Anjie Technology Co. Ltd., A Electrical Equipment 1,600 4,243
  Electronic Equipment, Instruments &    
Suzhou Dongshan Precision Manufacturing Co. Ltd., A Components 4,800 19,210
Suzhou Gold Mantis Construction Decoration Co. Ltd. Construction & Engineering 4,800 6,938
a Tahoe Group Co. Ltd. Real Estate Management & Development 8,000 4,027
Taiji Computer Corp. Ltd. IT Services 1,600 6,430
a TAL Education Group, ADR Diversified Consumer Services 13,280 949,653
Tangshan Jidong Cement Co. Ltd. Construction Materials 4,800 10,455
TangShan Port Group Co. Ltd., A Transportation Infrastructure 11,200 4,275
Tangshan Sanyou Chemical Industries Co. Ltd., A Chemicals 5,000 7,889
TBEA Co. Ltd., A Electrical Equipment 12,800 19,998
TCL Corp. Household Durables 32,000 34,873
Tencent Holdings Ltd. Interactive Media & Services 193,500 14,074,814
a Tencent Music Entertainment Group, ADR Entertainment 15,648 301,068
a The China Pacific Securities Co. Ltd., A Capital Markets 16,000 10,048
The People's Insurance Co. Group of China Ltd., H Insurance 288,000 91,371
Thunder Software Technology Co. Ltd. Software 1,600 28,815
Tian Di Science & Technology Co. Ltd., A Machinery 3,200 1,517
Tianfeng Securities Co. Ltd., A Capital Markets 17,850 16,760
Tianjin 712 Communication & Broadcasting Co. Ltd., A Communications Equipment 1,600 10,258
Tianjin Chase Sun Pharmaceutical Co. Ltd. Pharmaceuticals 9,600 6,768
  Semiconductors & Semiconductor    
Tianjin Zhonghuan Semiconductor Co. Ltd. Equipment 8,000 31,401

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
  Electronic Equipment, Instruments &    
Tianma Microelectronics Co. Ltd. Components 4,800 10,891
  Semiconductors & Semiconductor    
Tianshui Huatian Technology Co. Ltd., A Equipment 6,400 13,417
Times China Holdings Ltd. Real Estate Management & Development 27,000 37,537
Times Neighborhood Holdings Ltd. Commercial Services & Supplies 21,153 19,806
a,c Tongcheng-Elong Holdings Ltd., Reg S Internet & Direct Marketing Retail 25,600 49,524
  Semiconductors & Semiconductor    
a TongFu Microelectronics Co. Ltd., A Equipment 3,200 12,432
Tonghua Dongbao Pharmaceutical Co. Ltd. Pharmaceuticals 6,400 13,181
Tongkun Group Co. Ltd., A Chemicals 4,800 15,213
Tongling Nonferrous Metals Group Co. Ltd. Metals & Mining 32,000 12,659
Tongwei Co. Ltd., A Food Products 11,200 66,269
a Topchoice Medical Investment Corp., A Health Care Providers & Services 500 21,282
Topsports International Holdings Ltd. Specialty Retail 48,000 71,809
TravelSky Technology Ltd., H IT Services 32,000 77,175
a Trip.com Group Ltd., ADR Internet & Direct Marketing Retail 16,110 543,390
Tsingtao Brewery Co. Ltd., A Beverages 1,600 24,480
Tsingtao Brewery Co. Ltd., H Beverages 14,400 150,800
  Semiconductors & Semiconductor    
Unigroup Guoxin Microelectronics Co. Ltd. Equipment 1,600 32,955
  Electronic Equipment, Instruments &    
Unisplendour Corp. Ltd. Components 2,400 7,555
  Electronic Equipment, Instruments &    
Universal Scientific Industrial Shanghai Co. Ltd., A Components 3,200 9,526
Valiant Co. Ltd. Chemicals 3,200 10,723
Venustech Group Inc. Software 1,600 7,194
a Vipshop Holdings Ltd., ADR Internet & Direct Marketing Retail 14,144 397,588
Walvax Biotechnology Co. Ltd. Biotechnology 3,200 18,993
Wangfujing Group Co. Ltd., A Multiline Retail 1,600 8,024
Wangsu Science & Technology Co. Ltd. IT Services 6,400 6,787
Wanhua Chemical Group Co. Ltd., A Chemicals 8,000 112,107
Wanxiang Qianchao Co. Ltd. Auto Components 8,000 6,588
a,d Weibo Corp., ADR Interactive Media & Services 1,952 80,012
Weichai Power Co. Ltd., A Machinery 14,400 34,999
Weichai Power Co. Ltd., H Machinery 64,000 128,432
Weifu High-Technology Group Co. Ltd., A Auto Components 1,600 5,711
Weifu High-Technology Group Co. Ltd., B Auto Components 6,400 12,274
Weihai Guangwei Composites Co. Ltd., A Chemicals 1,600 21,931
Wens Foodstuffs Group Co. Ltd. Food Products 3,600 10,102
Western Securities Co. Ltd. Capital Markets 9,600 14,984
  Electronic Equipment, Instruments &    
Westone Information Industry Inc. Components 1,600 4,113
  Semiconductors & Semiconductor    
Will Semiconductor Ltd., A Equipment 1,600 56,915
  Electronic Equipment, Instruments &    
Wingtech Technology Co. Ltd., A Components 3,200 48,764
Winning Health Technology Group Co. Ltd. Health Care Technology 5,700 15,354
Wolong Electric Group Co. Ltd., A Electrical Equipment 3,200 7,684
Wuchan Zhongda Group Co. Ltd., A Distributors 12,800 8,610
  Electronic Equipment, Instruments &    
Wuhan Guide Infrared Co. Ltd. Components 3,270 21,014
Wuhu Sanqi Interactive Entertainment NetworkTechnology Group Co.      
Ltd. Entertainment 3,200 15,383
Wuliangye Yibin Co. Ltd., A Beverages 9,100 408,801
  Electronic Equipment, Instruments &    
WUS Printed Circuit Kunshan Co. Ltd. Components 3,200 9,255
WuXi AppTec Co. Ltd., A Life Sciences Tools & Services 2,000 41,474
WuXi AppTec Co. Ltd., H Life Sciences Tools & Services 9,100 178,154
a WuXi Biologics (Cayman) Inc. Life Sciences Tools & Services 98,000 1,299,277
  Electronic Equipment, Instruments &    
Wuxi Lead Intelligent Equipment Co. Ltd. Components 1,600 20,685
XCMG Construction Machinery Co. Ltd. Machinery 20,800 17,193
Xiamen C & D Inc., A Trading Companies & Distributors 8,000 10,110

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Xiamen ITG Group Corp. Ltd., A Trading Companies & Distributors 6,400 6,581
  Electronic Equipment, Instruments &    
Xiamen Meiya Pico Information Co. Ltd. Components 1,600 5,305
Xiamen Tungsten Co. Ltd., A Metals & Mining 3,200 8,300
  Technology Hardware, Storage &    
a Xiaomi Corp., B Peripherals 448,000 1,918,221
Xinhu Zhongbao Co. Ltd., A Real Estate Management & Development 20,800 9,925
Xinhua Winshare Publishing and Media Co. Ltd., H Distributors 16,000 9,863
Xinjiang Goldwind Science & Technology Co. Ltd. Electrical Equipment 8,000 17,548
Xinjiang Goldwind Science & Technology Co. Ltd., H Electrical Equipment 22,400 45,009
Xinxing Ductile Iron Pipes Co. Ltd. Metals & Mining 11,200 6,344
  Semiconductors & Semiconductor    
Xinyi Solar Holdings Ltd. Equipment 138,000 360,402
Xuji Electric Co. Ltd. Electrical Equipment 3,200 7,122
Yango Group Co. Ltd. Real Estate Management & Development 11,200 11,240
c Yangtze Optical Fibre and Cable Joint Stock Ltd. Co., H, Reg S Communications Equipment 8,000 10,689
Yanlord Land Group Ltd. Real Estate Management & Development 20,800 17,626
Yantai Changyu Pioneer Wine Co. Ltd., B Beverages 6,400 13,107
Yantai Eddie Precision Machinery Co. Ltd., A Machinery 900 9,550
Yantai Jereh Oilfield Services Group Co. Ltd. Energy Equipment & Services 1,600 8,620
Yanzhou Coal Mining Co. Ltd., A Oil, Gas & Consumable Fuels 6,400 9,920
Yanzhou Coal Mining Co. Ltd., H Oil, Gas & Consumable Fuels 64,000 51,175
Yealink Network Technology Corp. Ltd. Communications Equipment 2,200 24,761
Yifan Pharmaceutical Co. Ltd. Pharmaceuticals 3,200 9,324
Yifeng Pharmacy Chain Co. Ltd. Food & Staples Retailing 1,300 18,047
a Yihai International Holding Ltd. Food Products 16,000 237,301
Yintai Gold Co. Ltd. Metals & Mining 6,600 8,747
Yixintang Pharmaceutical Group Co. Ltd. Food & Staples Retailing 1,600 8,204
Yonghui Superstores Co. Ltd., A Food & Staples Retailing 22,400 24,756
Yonyou Network Technology Co. Ltd., A Software 7,390 49,903
Yotrio Group Co. Ltd. Leisure Products 3,200 1,911
Youngor Group Co. Ltd., A Real Estate Management & Development 12,800 14,166
Youzu Interactive Co. Ltd. Entertainment 1,600 3,241
YTO Express Group Co. Ltd., A Air Freight & Logistics 6,400 11,329
a Yuan Longping High-tech Agriculture Co. Ltd. Food Products 3,200 9,758
Yuexiu Property Co. Ltd. Real Estate Management & Development 224,000 45,067
Yunda Holding Co. Ltd. Air Freight & Logistics 3,500 8,458
a Yunnan Aluminium Co. Ltd. Metals & Mining 7,990 9,261
Yunnan Baiyao Group Co. Ltd. Pharmaceuticals 3,200 55,955
a Yunnan Copper Co. Ltd. Metals & Mining 4,800 10,691
Yunnan Energy New Material Co. Ltd. Containers & Packaging 1,600 34,918
a Zai Lab Ltd., ADR Biotechnology 2,300 311,282
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., A Pharmaceuticals 1,600 65,883
Zhaojin Mining Industry Co. Ltd., H Metals & Mining 40,000 47,615
Zhefu Holding Group Co. Ltd. Electrical Equipment 12,800 8,866
a Zhejiang Century Huatong Group Co. Ltd., A Entertainment 17,600 19,262
Zhejiang Chint Electrics Co. Ltd., A Electrical Equipment 3,200 19,289
  Electronic Equipment, Instruments &    
Zhejiang Crystal-Optech Co. Ltd. Components 3,200 5,709
  Electronic Equipment, Instruments &    
Zhejiang Dahua Technology Co. Ltd. Components 8,000 24,493
Zhejiang Dingli Machinery Co. Ltd. Machinery 1,600 24,921
Zhejiang Expressway Co. Ltd., H Transportation Infrastructure 32,000 27,032
Zhejiang Huahai Pharmaceutical Co. Ltd., A Pharmaceuticals 3,400 17,694
a Zhejiang Huayou Cobalt Co. Ltd., A Metals & Mining 3,200 39,060
  Semiconductors & Semiconductor    
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., A Equipment 2,500 11,575
Zhejiang Juhua Co. Ltd., A Chemicals 4,800 5,992
Zhejiang Longsheng Group Co. Ltd., A Chemicals 9,600 20,126
Zhejiang NHU Co. Ltd. Pharmaceuticals 4,800 24,884
Zhejiang Sanhua Intelligent Controls Co. Ltd. Machinery 8,000 30,354
Zhejiang Satellite Petrochemical Co. Ltd. Chemicals 3,200 12,866
Zhejiang Supor Co. Ltd. Household Durables 400 4,802
Zhejiang Wanfeng Auto Wheel Co. Ltd. Auto Components 6,400 6,462

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
Zhejiang Weixing New Building Materials Co. Ltd. Building Products 3,200   9,211
Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., A Pharmaceuticals 1,600   18,890
Zhejiang Yasha Decoration Co. Ltd. Diversified Consumer Services 4,800   5,497
a Zhejiang Yongtai Technology Co. Ltd. Chemicals 3,200   5,428
Zhengzhou Yutong Bus Co. Ltd., A Machinery 4,800   12,501
Zheshang Securities Co. Ltd., A Capital Markets 3,200   7,536
a,c ZhongAn Online P & C Insurance Co. Ltd., Reg S Insurance 11,200   52,289
Zhongji Innolight Co. Ltd. Communications Equipment 1,600   12,526
Zhongjin Gold Corp. Ltd., A Metals & Mining 11,200   15,188
Zhongsheng Group Holdings Ltd. Specialty Retail 21,500   153,198
Zhuzhou CRRC Times Electric Co. Ltd., H Electrical Equipment 19,200   83,695
Zijin Mining Group Co. Ltd., A Metals & Mining 44,800   64,063
Zijin Mining Group Co. Ltd., H Metals & Mining 202,000   228,733
Zoomlion Heavy Industry Science and Technology Co. Ltd. Machinery 16,000   24,382
Zoomlion Heavy Industry Science and Technology Development Co.        
Ltd., H, H Machinery 44,800   53,733
ZTE Corp. Communications Equipment 9,600   49,724
ZTE Corp., H Communications Equipment 25,600   64,381
ZTO Express Cayman Inc., ADR Air Freight & Logistics 14,432   420,837
        101,300,889
Hong Kong 0.4%        
a Alibaba Pictures Group Ltd. Entertainment 480,000   59,428
Kingboard Laminates Holdings Ltd. Chemicals 32,000   52,248
Sino Biopharmaceutical Ltd. Pharmaceuticals 336,000   325,000
        436,676
Singapore 0.1%        
Yangzijiang Shipbuilding Holdings Ltd. Machinery 70,400   50,870
Total Common Stocks (Cost $83,507,219)       101,788,435
Short Term Investments 0.1%        
Investments from Cash Collateral Received for Loaned Securities 0.1%      
United States 0.1%        
f,g Institutional Fiduciary Trust Portfolio, 0.00% Money Market Funds 127,152   127,152
Total Investments (Cost $83,634,371) 99.8%       101,915,587
 
Other Assets, less Liabilities 0.2%       231,094
Net Assets 100.0%     $ 102,146,681

 

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. At December 31, 2020, the aggregate value of these securities was $1,473,507, representing 1.4% 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. At December 31, 2020, the aggregate value of these securities was $6,473,848, representing 6.3% of net assets. dA portion or all of the security is on loan at December 31, 2020. eFair valued using significant unobservable inputs. See Note 6 regarding fair value measurements. fThe rate shown is the annualized seven-day effective yield at period end. gSee Note 5 regarding investments in affiliated management investment companies.

 

FRANKLIN TEMPLETON ETF TRUST              
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
At December 31, 2020, 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 5 $ 294,975 3/19/21 $ 3,093
*As of period ended.              
Abbreviations              
Selected Portfolio              

 

ADR - American Depositary Receipt

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Europe ETF Industry Shares   Value
Common Stocks and Other Equity Interests 98.8%        
Australia 1.1%        
a Glencore PLC Metals & Mining 254,794 $ 811,517
Rio Tinto PLC Metals & Mining 25,622   1,915,811
        2,727,328
Austria 0.3%        
Andritz AG Machinery 1,610   73,832
a Erste Group Bank AG Banks 6,854   209,152
OMV AG Oil, Gas & Consumable Fuels 3,128   126,300
a Raiffeisen Bank International AG Banks 3,128   63,839
Telekom Austria AG Diversified Telecommunication Services 3,312   25,652
Verbund AG Electric Utilities 1,564   133,667
Vienna Insurance Group AG Wiener Versicherung Gruppe Insurance 920   23,414
Voestalpine AG Metals & Mining 2,714   97,297
        753,153
Belgium 1.5%        
Ackermans & van Haaren NV Diversified Financial Services 552   83,074
Ageas SA/NV Insurance 4,186   223,207
Anheuser-Busch InBev SA Beverages 19,596   1,366,911
Colruyt SA Food & Staples Retailing 1,196   70,929
Elia Group SA/NV Electric Utilities 828   98,777
a Galapagos NV Biotechnology 1,150   113,242
Groupe Bruxelles Lambert SA Diversified Financial Services 2,576   260,092
a KBC Groep NV Banks 6,440   451,347
Proximus SADP Diversified Telecommunication Services 2,990   59,303
Sofina SA Diversified Financial Services 368   124,724
Solvay SA Chemicals 1,656   196,298
Telenet Group Holding NV Media 1,104   47,386
UCB SA Pharmaceuticals 2,852   294,799
Umicore SA Chemicals 4,876   234,405
        3,624,494
Brazil 0.1%        
Yara International ASA Chemicals 4,048   168,313
China 0.5%        
a Prosus NV Internet & Direct Marketing Retail 10,166   1,099,075
Denmark 3.8%        
A.P. Moeller-Maersk AS, A Marine 92   191,304
A.P. Moeller-Maersk AS, B Marine 138   308,393
Ambu AS, B Health Care Equipment & Supplies 4,002   173,145
Carlsberg AS, B Beverages 2,392   383,443
a Chr. Hansen Holding AS Chemicals 2,484   255,770
Coloplast AS, B Health Care Equipment & Supplies 3,174   485,009
a Danske Bank AS Banks 15,824   261,804
DSV Panalpina AS Air Freight & Logistics 4,738   794,404
a Genmab A/S Biotechnology 1,380   558,715
GN Store Nord AS Health Care Equipment & Supplies 3,082   246,823
H. Lundbeck AS Pharmaceuticals 1,426   48,944
a ISS AS Commercial Services & Supplies 4,600   79,698
Novo Nordisk AS, B Pharmaceuticals 38,134   2,674,426
Novozymes AS Chemicals 4,876   280,128
Orsted AS Electric Utilities 4,508   921,459
Pandora AS Textiles, Apparel & Luxury Goods 2,162   242,019
Rockwool International AS, B Building Products 138   51,675
Tryg AS Insurance 2,898   91,511
Vestas Wind Systems AS Electrical Equipment 4,784   1,132,008

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a William Demant Holding AS Health Care Equipment & Supplies 2,576 101,880
      9,282,558
Finland 2.2%      
Elisa OYJ Diversified Telecommunication Services 3,404 186,882
b Fortum OYJ, Reg S Electric Utilities 10,212 246,149
Huhtamaki OYJ Containers & Packaging 2,162 111,791
Kesko OYJ Food & Staples Retailing 6,440 165,788
Kojamo Oyj Real Estate Management & Development 4,232 93,723
Kone OYJ, B Machinery 9,246 751,858
Metso Outotec OYJ Machinery 14,422 144,256
Neles Oyj Machinery 2,530 33,603
Neste Oil OYJ Oil, Gas & Consumable Fuels 9,798 709,230
a Nokia OYJ, A Communications Equipment 133,998 516,617
Nokian Renkaat OYJ Auto Components 3,220 113,546
a Nordea Bank Abp Banks 80,040 653,409
Orion OYJ Pharmaceuticals 2,438 111,953
Sampo Oyj, A Insurance 11,960 505,885
Stora Enso OYJ, R Paper & Forest Products 13,754 263,285
UPM-Kymmene OYJ Paper & Forest Products 12,558 468,182
Wartsila OYJ ABP Machinery 11,316 112,842
      5,188,999
France 16.3%      
a Accor SA Hotels, Restaurants & Leisure 4,278 154,937
a Adevinta ASA, B Interactive Media & Services 5,520 92,839
a Aeroports de Paris SA Transportation Infrastructure 690 89,575
Air Liquide SA Chemicals 10,948 1,798,336
a Airbus SE Aerospace & Defense 13,064 1,435,084
c ALD SA, 144A Road & Rail 2,070 29,127
a Alstom SA Machinery 5,800 330,772
a Amundi SA Capital Markets 1,334 109,032
Arkema SA Chemicals 1,610 184,187
a Atos SE IT Services 2,254 206,234
AXA SA Insurance 45,402 1,083,923
Biomerieux Health Care Equipment & Supplies 1,012 142,892
a BNP Paribas SA Banks 25,576 1,348,907
Bollore Entertainment 24,104 99,743
Bouygues SA Construction & Engineering 5,060 208,333
a Bureau Veritas SA Professional Services 6,532 173,911
Capgemini SE IT Services 3,726 578,074
Carrefour SA Food & Staples Retailing 13,878 238,235
a Casino Guichard-Perrachon SA Food & Staples Retailing 1,334 41,116
Cie Generale des Etablissements Michelin SCA Auto Components 4,186 537,531
a CNP Assurances Insurance 3,542 57,120
a Compagnie de Saint-Gobain Building Products 11,270 517,103
  Equity Real Estate Investment Trusts    
Covivio (REITs) 1,196 110,265
a Credit Agricole SA Banks 27,646 349,087
Danone SA Food Products 14,122 928,918
a Dassault Aviation SA Aerospace & Defense 46 50,486
Dassault Systemes Software 3,082 626,548
Edenred IT Services 5,796 329,126
a EDF SA Electric Utilities 12,339 194,681
a Eiffage SA Construction & Engineering 1,748 169,048
a Engie SA Multi-Utilities 39,100 598,967
EssilorLuxottica SA Textiles, Apparel & Luxury Goods 6,946 1,084,019
a Eurazeo SE Diversified Financial Services 1,064 72,253
a Faurecia SE Auto Components 1,794 91,994
  Equity Real Estate Investment Trusts    
Gecina SA (REITs) 1,242 191,932
a Getlink SE Transportation Infrastructure 10,902 189,149
Hermes International Textiles, Apparel & Luxury Goods 736 792,109
  Equity Real Estate Investment Trusts    
ICADE (REITs) 736 56,644

 

 

FRANKLIN TEMPLETON ETF TRUST

STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)

Iliad SA Diversified Telecommunication Services 368 75,690
Imerys SA Construction Materials 874 41,342
Ipsen SA Pharmaceuticals 828 68,789
a JCDecaux SA Media 1,748 39,845
Kering SA Textiles, Apparel & Luxury Goods 1,748 1,271,282
  Equity Real Estate Investment Trusts    
Klepierre SA (REITs) 4,600 103,505
L'Oreal SA Personal Products 5,658 2,151,620
La Francaise des Jeux SAEM Hotels, Restaurants & Leisure 2,116 96,856
Legrand SA Electrical Equipment 6,302 562,889
LVMH Moet Hennessy Louis Vuitton SE Textiles, Apparel & Luxury Goods 5,888 3,680,657
a Natixis SA Capital Markets 20,102 68,598
Orange SA Diversified Telecommunication Services 45,678 544,027
a Orpea Health Care Providers & Services 1,150 151,332
Pernod Ricard SA Beverages 4,876 935,473
a Peugeot SA Automobiles 12,834 351,277
Plastic Omnium SA Auto Components 1,288 44,473
Publicis Groupe Media 5,244 261,528
Remy Cointreau SA Beverages 603 112,367
a Renault SA Automobiles 4,416 193,218
a Rexel SA Trading Companies & Distributors 7,268 114,672
Rubis SCA Gas Utilities 2,213 102,839
a Safran SA Aerospace & Defense 7,590 1,076,798
Sanofi Pharmaceuticals 25,714 2,476,088
Sartorius Stedim Biotech Life Sciences Tools & Services 552 196,676
Schneider Electric SE Electrical Equipment 12,420 1,797,745
a SCOR SE Insurance 3,680 118,960
SEB SA Household Durables 644 117,407
a Societe Generale SA Banks 18,262 380,348
Sodexo SA Hotels, Restaurants & Leisure 2,070 175,317
Suez SA Multi-Utilities 9,016 178,931
Teleperformance Professional Services 1,380 458,090
Thales SA Aerospace & Defense 2,392 219,212
TOTAL SE Oil, Gas & Consumable Fuels 57,316 2,475,553
a Ubisoft Entertainment SA Entertainment 2,254 217,431
  Equity Real Estate Investment Trusts    
Unibail-Rodamco-Westfield (REITs) 3,220 254,434
Valeo SA Auto Components 5,750 227,103
Veolia Environnement SA Multi-Utilities 12,052 295,072
Vinci SA Construction & Engineering 11,132 1,108,169
Vivendi SA Entertainment 18,400 593,901
Wendel SE Diversified Financial Services 644 77,181
a,b Worldline SA, Reg S IT Services 5,612 543,145
      39,252,077
Germany 14.1%      
1&1 Drillisch AG Wireless Telecommunication Services 1,150 28,761
a Adidas AG Textiles, Apparel & Luxury Goods 4,508 1,643,146
Allianz SE Insurance 9,798 2,406,060
Aroundtown SA Real Estate Management & Development 28,566 213,906
BASF SE Chemicals 21,620 1,712,048
Bayer AG Pharmaceuticals 23,184 1,366,002
Bayerische Motoren Werke AG Automobiles 7,544 666,716
Bechtle AG IT Services 644 140,573
Beiersdorf AG Personal Products 2,392 276,401
Brenntag AG Trading Companies & Distributors 3,726 288,764
Carl Zeiss Meditec AG Health Care Equipment & Supplies 874 116,456
a Commerzbank AG Banks 24,196 155,900
Continental AG Auto Components 2,530 375,339
Covestro AG Chemicals 4,094 252,865
a CTS Eventim AG & Co. KGaA Entertainment 1,426 94,916
Daimler AG Automobiles 18,998 1,343,329
a Delivery Hero SE Internet & Direct Marketing Retail 3,358 521,802
a Deutsche Bank AG Capital Markets 48,300 528,863

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Deutsche Boerse AG Capital Markets 4,324 736,720
a Deutsche Lufthansa AG Airlines 7,176 94,958
Deutsche Post AG Air Freight & Logistics 23,046 1,142,016
Deutsche Telekom AG Diversified Telecommunication Services 76,268 1,395,566
Deutsche Wohnen AG Real Estate Management & Development 8,188 437,705
c DWS Group GmbH & Co. KGaA, 144A Capital Markets 828 35,256
E.ON SE Multi-Utilities 51,612 572,390
Evonik Industries AG Chemicals 4,508 147,161
a Fielmann AG Specialty Retail 552 44,880
a Fraport AG Frankfurt Airport Services Worldwide Transportation Infrastructure 828 50,007
Fresenius Medical Care AG & Co. KGaA Health Care Providers & Services 4,876 406,883
Fresenius SE and Co. KGaA Health Care Providers & Services 9,476 438,731
Fuchs Petrolub SE Chemicals 782 36,215
GEA Group AG Machinery 3,910 140,078
Grenkeleasing AG Consumer Finance 644 30,589
Hannover Rueck SE Insurance 1,426 227,345
HeidelbergCement AG Construction Materials 3,588 268,762
a Hella GmbH & Co. KGaA Auto Components 1,058 68,480
a HelloFresh SE Internet & Direct Marketing Retail 3,404 263,226
Henkel AG & Co. KGaA Household Products 2,438 235,211
Hochtief AG Construction & Engineering 460 44,773
  Semiconductors & Semiconductor    
Infineon Technologies AG Equipment 30,728 1,180,177
a,b,c Just Eat Takeaway.com NV, 144A, Reg S Internet & Direct Marketing Retail 2,806 316,826
KION Group AG Machinery 1,891 164,645
Knorr-Bremse AG Machinery 1,564 213,714
Lanxess AG Chemicals 2,024 155,423
LEG Immobilien AG Real Estate Management & Development 1,656 257,449
Merck KGaA Pharmaceuticals 3,082 529,257
METRO AG Food & Staples Retailing 4,094 46,065
MTU Aero Engines AG Aerospace & Defense 1,242 324,293
Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in      
Muenchen Insurance 3,266 970,256
Nemetschek AG Software 1,288 95,186
a Osram Licht AG Electrical Equipment 690 43,935
a ProSiebenSat.1 Media SE Media 3,680 61,934
a Puma SE Textiles, Apparel & Luxury Goods 2,208 249,303
Rational AG Machinery 92 85,719
Rheinmetall AG Industrial Conglomerates 1,058 112,079
RWE AG Multi-Utilities 15,042 636,248
SAP SE Software 26,496 3,475,984
b Scout24 AG, Reg S Interactive Media & Services 2,438 200,011
Siemens AG Industrial Conglomerates 18,032 2,592,850
a Siemens Energy AG Electrical Equipment 9,131 335,167
Siemens Healthineers AG Health Care Equipment & Supplies 5,198 266,993
Suedzucker AG Food Products 1,886 26,930
Symrise AG Chemicals 3,036 402,673
a Talanx AG Insurance 1,288 50,052
a TeamViewer AG Software 3,450 185,017
Telefonica Deutschland Holding AG Diversified Telecommunication Services 16,146 44,549
a thyssenkrupp AG Metals & Mining 11,224 111,568
Traton SE Machinery 1,150 31,807
TUI AG Hotels, Restaurants & Leisure 10,488 65,719
  Independent Power and Renewable    
Uniper SE Electricity Producers 2,668 92,188
United Internet AG Diversified Telecommunication Services 2,622 110,457
a,d Varta AG Electrical Equipment 322 46,569
Volkswagen AG Automobiles 782 162,754
Vonovia SE Real Estate Management & Development 13,386 978,776
Wacker Chemie AG Chemicals 368 52,569

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
a Zalando SE Internet & Direct Marketing Retail 3,864 430,513
      34,054,454
Ireland 1.0%      
a AIB Group PLC Banks 18,124 37,277
CRH PLC Construction Materials 18,538 774,913
a Flutter Entertainment PLC Hotels, Restaurants & Leisure 2,898 598,570
Glanbia PLC Food Products 4,692 59,590
Kerry Group Food Products 3,680 533,566
a Kingspan Group PLC Building Products 3,404 239,069
Smurfit Kappa Group PLC Containers & Packaging 5,704 267,908
      2,510,893
Italy 3.4%      
A2A SpA Multi-Utilities 31,924 50,955
a Amplifon SpA Health Care Providers & Services 2,944 122,616
Assicurazioni Generali SpA Insurance 30,222 527,308
a Atlantia SpA Transportation Infrastructure 11,822 212,850
Banca Mediolanum SpA Diversified Financial Services 6,072 52,749
Buzzi Unicem SpA Construction Materials 1,610 38,413
Buzzi Unicem SpA, di Risp Construction Materials 1,012 16,246
Davide Campari-Milano NV Beverages 11,776 134,576
DiaSorin SpA Health Care Equipment & Supplies 552 114,885
Enel SpA Electric Utilities 183,632 1,859,476
Eni SpA Oil, Gas & Consumable Fuels 58,190 608,604
Ferrari NV Automobiles 2,898 668,924
a FinecoBank Banca Fineco SpA Banks 14,628 239,834
Hera SpA Multi-Utilities 16,468 60,045
b Infrastrutture Wireless Italiane SpA, Reg S Diversified Telecommunication Services 7,544 91,658
a Intesa Sanpaolo SpA Banks 367,696 860,468
Italgas Reti SpA Gas Utilities 11,638 74,046
Leonardo SpA Aerospace & Defense 9,338 67,525
a Mediobanca Banca di Credito Finanziario SpA Banks 16,008 147,683
a Moncler SpA Textiles, Apparel & Luxury Goods 4,508 276,560
a Nexi SpA IT Services 8,924 178,416
a Pirelli & C SpA Auto Components 9,292 50,400
b Poste Italiane SpA, Reg S Insurance 10,626 108,172
Prysmian SpA Electrical Equipment 5,704 202,953
Recordati Industria Chimica e Farmaceutica SpA Pharmaceuticals 2,300 127,566
Snam SpA Gas Utilities 51,428 289,517
Telecom Italia SpA/Milano Diversified Telecommunication Services 253,046 116,848
Telecom Italia SpA/Milano, di Risp Diversified Telecommunication Services 141,450 73,348
Tenaris SA Energy Equipment & Services 11,178 90,595
Terna Rete Elettrica Nazionale SpA Electric Utilities 32,706 250,109
a UniCredit SpA Banks 51,106 478,235
UnipolSai Assicurazioni SpA Insurance 12,144 32,244
      8,223,824
Kazakhstan 0.0%†      
KAZ Minerals PLC Metals & Mining 5,152 46,481
Luxembourg 0.3%      
a ArcelorMittal SA Metals & Mining 16,606 383,609
a Eurofins Scientific SE Life Sciences Tools & Services 2,760 231,763
a RTL Group SA Media 966 46,971
      662,343
Netherlands 6.0%      
Aalberts NV Machinery 2,300 102,604
a ABN AMRO Bank NV, GDR Banks 9,982 97,952
a Adyen NV IT Services 644 1,501,076
Aegon NV Insurance 41,538 164,415
Akzo Nobel NV Chemicals 4,508 484,615
a Altice Europe NV, A Diversified Telecommunication Services 13,018 84,865
a Altice Europe NV, B Diversified Telecommunication Services 1,012 6,538
a Argenx SE Biotechnology 1,104 326,893

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
  Semiconductors & Semiconductor    
ASM International NV Equipment 1,104 243,076
  Semiconductors & Semiconductor    
ASML Holding NV Equipment 9,430 4,586,962
ASR Nederland NV Insurance 3,358 134,970
b Euronext NV, Reg S Capital Markets 1,472 162,366
EXOR NV Diversified Financial Services 2,484 201,262
a Grandvision NV Specialty Retail 1,196 37,316
Heineken Holding NV Beverages 2,530 238,515
Heineken NV Beverages 5,612 626,368
IMCD Group NV Trading Companies & Distributors 1,334 170,158
a ING Groep NV Banks 92,874 868,292
a JDE Peet's BV Beverages 1,472 66,549
Koninklijke Ahold Delhaize NV Food & Staples Retailing 25,346 716,690
Koninklijke DSM NV Chemicals 4,048 697,373
Koninklijke KPN NV Diversified Telecommunication Services 79,396 241,600
a Koninklijke Philips NV Health Care Equipment & Supplies 21,482 1,150,727
Koninklijke Vopak NV Oil, Gas & Consumable Fuels 1,610 84,687
NN Group NV Insurance 7,452 323,959
a QIAGEN NV Life Sciences Tools & Services 5,290 274,761
a Randstad NV Professional Services 2,576 167,805
a Signify NV Electrical Equipment 2,990 126,325
Wolters Kluwer NV Professional Services 6,256 528,622
      14,417,341
Norway 0.9%      
Aker ASA Diversified Financial Services 598 39,113
Aker BP ASA Oil, Gas & Consumable Fuels 2,484 62,724
a DNB ASA Banks 24,150 473,864
Equinor ASA Oil, Gas & Consumable Fuels 22,678 383,929
Gjensidige Forsikring ASA Insurance 4,002 89,464
Leroy Seafood Group ASA Food Products 6,072 42,948
Mowi ASA Food Products 10,028 223,705
Norsk Hydro ASA Metals & Mining 31,464 146,480
Orkla ASA Food Products 18,446 187,434
Salmar ASA Food Products 1,242 73,052
a Schibsted ASA, A Media 1,932 82,655
a Schibsted ASA, B Media 2,300 85,908
Telenor ASA Diversified Telecommunication Services 14,720 250,836
Tomra Systems ASA Commercial Services & Supplies 2,530 124,876
      2,266,988
Poland 0.5%      
a Allegro.eu Internet & Direct Marketing Retail 7,176 163,126
a Bank Pekao SA Banks 3,772 61,854
a CD Projekt SA Entertainment 1,518 111,915
Cyfrowy Polsat SA Media 6,716 54,579
a Dino Polska SA Food & Staples Retailing 1,150 89,321
Grupa Lotos SA Oil, Gas & Consumable Fuels 2,392 26,610
a KGHM Polska Miedz SA Metals & Mining 3,312 162,667
a LPP SA Textiles, Apparel & Luxury Goods 20 44,471
a PGE Polska Grupa Energetyczna SA Electric Utilities 17,526 30,574
Polski Koncern Naftowy Orlen SA Oil, Gas & Consumable Fuels 7,360 114,015
Polskie Gornictwo Naftowe i Gazownictwo SA Oil, Gas & Consumable Fuels 40,710 60,552
a Powszechna Kasa Oszczednosci Bank Polski SA Banks 20,286 156,364
a Powszechny Zaklad Ubezpieczen SA Insurance 13,202 114,658
a Santander Bank Polska SA Banks 690 34,389
      1,225,095
Portugal 0.3%      
EDP- Energias de Portugal SA Electric Utilities 66,470 419,334
Galp Energia SGPS SA, B Oil, Gas & Consumable Fuels 11,960 128,103

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Jeronimo Martins SGPS SA Food & Staples Retailing 5,842 98,785
      646,222
Russia 0.1%      
Evraz PLC Metals & Mining 13,110 84,514
Polymetal International PLC Metals & Mining 8,142 187,480
      271,994
Spain 4.0%      
Acciona SA Electric Utilities 506 72,251
ACS Actividades de Construccion y Servicios SA Construction & Engineering 5,244 174,202
a Aena SME SA Transportation Infrastructure 1,656 288,125
Amadeus IT Group SA IT Services 10,028 730,787
Banco Bilbao Vizcaya Argentaria SA Banks 157,228 776,238
a Banco Santander SA Banks 404,712 1,256,780
Bankia SA Banks 29,532 52,358
Bankinter SA Banks 16,514 89,390
CaixaBank SA Banks 85,330 219,356
Cellnex Telecom SA Diversified Telecommunication Services 8,050 483,811
Corporacion Mapfre SA Insurance 23,782 46,354
  Independent Power and Renewable    
EDP Renovaveis SA Electricity Producers 3,312 92,395
Enagas SA Gas Utilities 5,888 129,425
Endesa SA Electric Utilities 7,406 202,527
Ferrovial SA Construction & Engineering 11,431 316,093
Grifols SA Biotechnology 7,912 231,176
Iberdrola SA Electric Utilities 140,346 2,009,128
Industria de Diseno Textil SA Specialty Retail 24,794 789,968
  Equity Real Estate Investment Trusts    
Inmobiliaria Colonial SA (REITs) 7,682 75,429
  Equity Real Estate Investment Trusts    
Merlin Properties Socimi SA (REITs) 7,728 73,564
Naturgy Energy Group SA Gas Utilities 6,900 160,070
Red Electrica Corp. SA Electric Utilities 10,120 207,713
Repsol SA Oil, Gas & Consumable Fuels 31,782 320,817
a Repsol SA, rts., 1/08/21 Oil, Gas & Consumable Fuels 31,782 10,916
Siemens Gamesa Renewable Energy SA Electrical Equipment 5,382 217,902
Telefonica SA Diversified Telecommunication Services 111,555 442,920
a Telefonica SA Diversified Telecommunication Services 6,250 24,815
Zardoya Otis SA Machinery 4,278 29,993
      9,524,503
Sweden 5.4%      
a Alfa Laval AB Machinery 7,544 207,878
Assa Abloy AB, B Building Products 21,942 541,032
Atlas Copco AB Machinery 8,878 398,143
Atlas Copco AB, A Machinery 14,858 761,847
Boliden AB Metals & Mining 6,578 233,403
Castellum AB Real Estate Management & Development 6,394 162,486
Electrolux AB, B Household Durables 5,428 126,471
Elekta AB, B Health Care Equipment & Supplies 8,740 117,544
Epiroc AB, A Machinery 14,674 267,391
Epiroc AB, B Machinery 8,832 149,484
EQT AB Capital Markets 4,830 123,741
Ericsson, B Communications Equipment 70,840 842,225
Essity AB, B Household Products 14,306 460,751
b,c Evolution Gaming Group AB, 144A, Reg S Hotels, Restaurants & Leisure 3,634 369,394
a Fastighets AB Balder, B Real Estate Management & Development 2,300 120,117
a Hennes & Mauritz AB, B Specialty Retail 20,654 432,568
  Electronic Equipment, Instruments &    
Hexagon AB, B Components 6,072 554,369
Holmen AB, B Paper & Forest Products 2,116 101,413
Husqvarna AB, B Household Durables 9,890 128,253
ICA Gruppen AB Food & Staples Retailing 1,886 94,363
a Industrivarden AB, A Diversified Financial Services 4,922 164,335

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a Industrivarden AB, C Diversified Financial Services 3,956 127,892
Investment AB Latour, B Industrial Conglomerates 2,898 70,469
Investor AB, A Diversified Financial Services 3,174 230,923
Investor AB, B Diversified Financial Services 10,718 782,001
Kinnevik AB, B Diversified Financial Services 5,750 290,912
a L E Lundbergforetagen AB, B Diversified Financial Services 1,748 93,780
Lifco AB, B Industrial Conglomerates 920 88,387
Lundin Energy AB Oil, Gas & Consumable Fuels 4,508 122,024
Nibe Industrier AB Building Products 7,222 237,170
a Saab AB, B Aerospace & Defense 2,208 64,391
a Sandvik AB Machinery 25,392 622,390
Securitas AB, B Commercial Services & Supplies 7,360 118,969
a,b Sinch AB, Reg S Software 966 157,617
a Skandinaviska Enskilda Banken AB, A Banks 34,362 353,555
a Skandinaviska Enskilda Banken AB, C Banks 506 5,404
Skanska AB, B Construction & Engineering 8,556 218,470
SKF AB, B Machinery 9,154 237,863
a Svenska Cellulosa AB, A Paper & Forest Products 552 9,934
a Svenska Cellulosa AB, B Paper & Forest Products 14,260 248,821
a Svenska Handelsbanken AB, A Banks 35,052 352,545
a Svenska Handelsbanken AB, B Banks 874 9,812
Sweco AB, B Construction & Engineering 4,600 84,578
a Swedbank AB, A Banks 23,644 414,923
Swedish Match AB Tobacco 3,634 282,222
a Swedish Orphan Biovitrum AB Biotechnology 4,140 83,732
Tele2 AB, B Wireless Telecommunication Services 12,512 165,455
Telefonaktiebolaget LM Ericsson, A Communications Equipment 874 11,217
Telia Co. AB Diversified Telecommunication Services 60,628 250,705
a Trelleborg AB, B Machinery 5,382 119,599
a Volvo AB, A Machinery 4,784 113,825
a Volvo AB, B Machinery 33,856 798,935
      13,125,728
Switzerland 15.3%      
ABB Ltd. Electrical Equipment 42,228 1,180,444
Adecco Group AG Professional Services 3,726 249,369
a Alcon Inc. Health Care Equipment & Supplies 10,856 722,628
Baloise Holding AG Insurance 1,058 188,512
Banque Cantonale Vaudoise Banks 690 75,171
Barry Callebaut AG Food Products 73 173,756
Chocoladefabriken Lindt & Spruengli AG Food Products 46 449,098
Cie Financiere Richemont SA Textiles, Apparel & Luxury Goods 12,052 1,091,831
Clariant AG Chemicals 4,830 102,835
a Coca-Cola HBC AG Beverages 4,692 152,454
Credit Suisse Group AG Capital Markets 55,154 711,302
DKSH Holding AG Professional Services 874 65,801
EMS-Chemie Holding AG Chemicals 184 177,558
a Flughafen Zurich AG Transportation Infrastructure 460 81,233
Geberit AG Building Products 828 519,122
Georg Fischer AG Machinery 92 118,649
Givaudan AG Chemicals 222 936,772
Helvetia Holding AG Insurance 782 82,628
Julius Baer Group Ltd. Capital Markets 5,198 299,902
Kuehne + Nagel International AG Marine 1,196 271,686
a LafargeHolcim Ltd., B Construction Materials 12,236 673,018
  Technology Hardware, Storage &    
Logitech International SA Peripherals 3,496 339,811
Lonza Group AG Life Sciences Tools & Services 1,748 1,124,795
Nestle SA Food Products 65,826 7,764,035
Novartis AG Pharmaceuticals 50,830 4,810,147
OC Oerlikon Corp. AG Machinery 4,554 47,140
Partners Group Holding AG Capital Markets 506 595,328
PSP Swiss Property AG Real Estate Management & Development 1,012 135,437
Roche Holding AG Pharmaceuticals 644 225,850

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Roche Holding AG Pharmaceuticals 16,422 5,740,594
Schindler Holding AG Machinery 460 124,061
Schindler Holding AG, PC Machinery 966 260,747
SGS SA Professional Services 138 416,833
a SIG Combibloc Group AG Containers & Packaging 6,854 159,264
Sika AG Chemicals 3,312 905,981
a Sonova Holding AG Health Care Equipment & Supplies 1,242 323,163
  Semiconductors & Semiconductor    
STMicroelectronics NV Equipment 14,904 552,180
Straumann Holding AG Health Care Equipment & Supplies 230 268,392
Sulzer AG Machinery 414 43,604
Swatch Group AG Textiles, Apparel & Luxury Goods 690 188,512
Swatch Group AG Textiles, Apparel & Luxury Goods 1,058 55,967
Swiss Life Holding AG Insurance 736 343,375
Swiss Prime Site AG Real Estate Management & Development 1,794 176,366
Swiss Re AG Insurance 6,624 624,520
Swisscom AG Diversified Telecommunication Services 598 322,762
Temenos AG Software 1,472 205,908
UBS Group AG Capital Markets 79,258 1,118,103
a,b VAT Group AG, Reg S Machinery 598 149,373
Vifor Pharma AG Pharmaceuticals 1,242 195,303
Zurich Insurance Group AG Insurance 3,496 1,477,183
      37,018,503
United Arab Emirates 0.0%†      
a,e NMC Health PLC Health Care Providers & Services 1,159 —
United Kingdom 21.7%      
3i Group PLC Capital Markets 22,770 360,433
Admiral Group PLC Insurance 5,014 199,174
Anglo American PLC Metals & Mining 29,026 961,971
Antofagasta PLC Metals & Mining 8,142 160,323
Ashmore Group PLC Capital Markets 10,718 63,175
Ashtead Group PLC Trading Companies & Distributors 10,672 501,538
a Associated British Foods PLC Food Products 8,188 253,400
AstraZeneca PLC Pharmaceuticals 31,004 3,103,977
Auto Trader Group PLC Interactive Media & Services 22,540 183,634
Avast PLC Software 13,110 96,324
AVEVA Group PLC Software 2,698 118,091
Aviva PLC Insurance 92,598 411,628
B&M European Value Retail SA Multiline Retail 20,056 141,519
BAE Systems PLC Aerospace & Defense 76,820 513,284
a Barclays PLC Banks 408,296 818,650
a Barratt Developments PLC Household Durables 23,874 218,652
Bellway PLC Household Durables 2,852 115,202
BHP Group PLC Metals & Mining 49,266 1,296,374
BP PLC Oil, Gas & Consumable Fuels 468,602 1,632,135
British American Tobacco PLC Tobacco 53,912 1,995,660
  Equity Real Estate Investment Trusts    
British Land Co. PLC (REITs) 20,930 139,904
BT Group PLC Diversified Telecommunication Services 205,160 370,886
Bunzl PLC Trading Companies & Distributors 8,050 268,826
a Burberry Group PLC Textiles, Apparel & Luxury Goods 9,660 236,299
a Centrica PLC Multi-Utilities 126,270 80,434
a CNH Industrial NV Machinery 23,460 296,374
Compass Group PLC Hotels, Restaurants & Leisure 42,090 784,201
ConvaTec Group PLC Health Care Equipment & Supplies 38,272 104,213
Croda International PLC Chemicals 2,990 269,590
DCC PLC Industrial Conglomerates 2,346 166,051
  Equity Real Estate Investment Trusts    
Derwent London PLC (REITs) 2,392 101,231
Diageo PLC Beverages 54,188 2,131,799
Direct Line Insurance Group PLC Insurance 32,614 142,216
a DS Smith PLC Containers & Packaging 30,314 155,226
easyJet PLC Airlines 5,520 62,628

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a Entain PLC Hotels, Restaurants & Leisure 14,030 217,386
Experian PLC Professional Services 21,390 811,968
Ferguson PLC Trading Companies & Distributors 5,290 642,416
a Fiat Chrysler Automobiles NV Automobiles 25,990 466,189
Fresnillo PLC Metals & Mining 3,910 60,369
GlaxoSmithKline PLC Pharmaceuticals 116,426 2,135,772
  Electronic Equipment, Instruments &    
Halma PLC Components 8,924 298,745
Hargreaves Lansdown PLC Capital Markets 8,602 179,317
Hikma Pharmaceuticals PLC Pharmaceuticals 4,048 139,331
a Hiscox Ltd. Insurance 8,050 109,379
HomeServe PLC Commercial Services & Supplies 6,578 92,166
a Howden Joinery Group PLC Trading Companies & Distributors 13,662 128,785
a HSBC Holdings PLC Banks 481,390 2,492,968
IMI PLC Machinery 6,440 102,557
Imperial Brands PLC Tobacco 22,218 466,345
a Informa PLC Media 36,018 270,299
a InterContinental Hotels Group PLC Hotels, Restaurants & Leisure 4,324 277,211
Intermediate Capital Group PLC Capital Markets 6,578 155,198
International Consolidated Airlines Group SA Airlines 27,730 60,573
Intertek Group PLC Professional Services 3,772 291,218
a ITV PLC Media 89,700 130,953
J Sainsbury PLC Food & Staples Retailing 38,778 119,532
a JD Sports Fashion PLC Specialty Retail 10,212 120,050
Johnson Matthey PLC Chemicals 4,278 141,809
a Kingfisher PLC Specialty Retail 50,876 188,050
  Equity Real Estate Investment Trusts    
Land Securities Group PLC (REITs) 16,882 155,492
Legal & General Group PLC Insurance 141,634 515,381
a Lloyds Banking Group PLC Banks 1,661,612 827,676
London Stock Exchange Group PLC Capital Markets 7,406 911,936
M&G PLC Diversified Financial Services 61,640 166,790
a Meggitt PLC Aerospace & Defense 18,630 118,800
a Melrose Industries PLC Electrical Equipment 114,770 279,333
Mondi PLC Paper & Forest Products 11,454 269,223
National Grid PLC Multi-Utilities 82,846 979,580
a Natwest Group PLC Banks 108,146 247,837
a Next PLC Multiline Retail 2,990 289,618
a Ocado Group PLC Internet & Direct Marketing Retail 11,454 358,077
Pearson PLC Media 17,710 164,716
Pennon Group PLC Water Utilities 9,384 121,861
Persimmon PLC Household Durables 7,452 281,861
Phoenix Group Holdings PLC Insurance 13,248 126,874
Prudential PLC Insurance 61,594 1,134,119
Quilter PLC Capital Markets 41,262 86,635
Reckitt Benckiser Group PLC Household Products 14,858 1,328,689
RELX PLC Professional Services 43,884 1,075,271
  Electronic Equipment, Instruments &    
a Renishaw PLC Components 828 65,194
a Rentokil Initial PLC Commercial Services & Supplies 43,700 304,413
a Rightmove PLC Interactive Media & Services 20,700 184,149
a Rolls-Royce Holdings PLC Aerospace & Defense 176,364 268,202
Royal Dutch Shell PLC, A Oil, Gas & Consumable Fuels 97,106 1,722,687
Royal Dutch Shell PlC, B Oil, Gas & Consumable Fuels 87,584 1,507,790
RSA Insurance Group PLC Insurance 24,518 227,030
Schroders PLC Capital Markets 2,714 123,799
  Equity Real Estate Investment Trusts    
Segro PLC (REITs) 28,060 363,467
Severn Trent PLC Water Utilities 5,704 178,475
Smith & Nephew PLC Health Care Equipment & Supplies 20,930 432,015
Smiths Group PLC Industrial Conglomerates 9,522 195,827
Spirax-Sarco Engineering PLC Machinery 1,748 269,886
SSE PLC Electric Utilities 24,564 503,666
St. James's Place Capital PLC Capital Markets 12,558 194,578

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
a Standard Chartered PLC Banks 61,732 393,148
Standard Life Aberdeen PLC Capital Markets 51,474 197,929
Tate & Lyle PLC Food Products 11,178 103,047
a Taylor Wimpey PLC Household Durables 86,250 195,477
TechnipFMC PLC Energy Equipment & Services 10,994 104,009
Tesco PLC Food & Staples Retailing 228,528 722,862
The Berkeley Group Holdings PLC Household Durables 2,806 181,887
The Sage Group PLC Software 26,036 207,133
a Travis Perkins PLC Trading Companies & Distributors 5,612 103,333
Unilever PLC Personal Products 60,030 3,603,986
United Utilities Group PLC Water Utilities 16,330 199,784
Vodafone Group PLC Wireless Telecommunication Services 632,914 1,046,326
a Weir Group PLC Machinery 6,072 165,131
a Whitbread PLC Hotels, Restaurants & Leisure 4,784 202,724
William Morrison Supermarkets PLC Food & Staples Retailing 53,406 129,471
WPP PLC Media 28,428 310,877
      52,401,679
Total Common Stocks and Other Equity Interests (Cost $197,774,437)   238,492,045
Preferred Stocks 0.9%      
Germany 0.9%      
e Bayerische Motoren Werke AG, 4.565%, pfd. Automobiles 1,380 93,205
e Fuchs Petrolub SE, 2.089%, pfd. Chemicals 1,702 96,710
e Henkel AG & Co. KGaA, 2.004%, pfd. Household Products 4,186 472,740
e Porsche Automobil Holding SE, 3.918%, pfd. Automobiles 3,634 250,776
e Sartorius AG, 0.105%, pfd. Health Care Equipment & Supplies 828 348,101
e Volkswagen AG, 3.189%, pfd. Automobiles 4,324 806,398
Total Preferred Stocks (Cost $1,651,796)     2,067,930
Total Investment before Short Term Investments (Cost $199,426,233)   240,559,975
Short Term Investments 0.0%†      
Investments from Cash Collateral Received for Loaned Securities 0.0%†    
United States 0.0%†      
f,g Institutional Fiduciary Trust Portfolio, 0.00%   36,641 36,641
Total Investments (Cost $199,462,874) 99.7%     240,596,616
 
Other Assets, less Liabilities 0.3%     690,157
Net Assets 100.0%   $ 241,286,773

 

+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. At December 31, 2020, the aggregate value of these securities was $2,344,711, representing 1.0% 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. At December 31, 2020, the aggregate value of these securities was $750,603, representing 0.3% of net assets.

dA portion or all of the security is on loan at December 31, 2020.

eVariable rate security. The rate shown represents the yield at period end.

fSee Note 5 regarding investments in affiliated management investment companies.

gThe rate shown is the annualized seven-day effective yield at period end.

 

FRANKLIN TEMPLETON ETF TRUST                
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)          
 
 
 
At December 31, 2020, 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 5 $ 217,180 3/19/21 $ 3,878  
FTSE 100 Index Long 2   175,516 3/19/21   (1,452 )
Total Futures Contracts           $ 2,426  
*As of period end.                
Abbreviations                
Selected Portfolio                
GDR - Global Depositary Receipt                
REIT - Real Estate Investment Trust                

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Europe Hedged ETF Industry Shares   Value
Common Stocks and Other Equity Interests 98.9%        
Australia 1.1%        
a Glencore PLC Metals & Mining 10,130 $ 32,264
Rio Tinto PLC Metals & Mining 1,016   75,968
        108,232
Austria 0.3%        
Andritz AG Machinery 68   3,119
a Erste Group Bank AG Banks 268   8,178
OMV AG Oil, Gas & Consumable Fuels 138   5,572
a Raiffeisen Bank International AG Banks 122   2,490
Telekom Austria AG Diversified Telecommunication Services 128   991
Verbund AG Electric Utilities 56   4,786
Vienna Insurance Group AG Wiener Versicherung Gruppe Insurance 36   916
Voestalpine AG Metals & Mining 110   3,944
        29,996
Belgium 1.5%        
Ackermans & van Haaren NV Diversified Financial Services 20   3,010
Ageas SA/NV Insurance 166   8,851
Anheuser-Busch InBev SA/NV Beverages 780   54,408
Colruyt SA Food & Staples Retailing 49   2,906
Elia Group SA/NV Electric Utilities 32   3,817
a Galapagos NV Biotechnology 44   4,333
Groupe Bruxelles Lambert SA Diversified Financial Services 100   10,097
a KBC Groep NV Banks 258   18,082
Proximus SADP Diversified Telecommunication Services 134   2,658
Sofina SA Diversified Financial Services 14   4,745
Solvay SA Chemicals 64   7,586
Telenet Group Holding NV Media 44   1,889
UCB SA Pharmaceuticals 112   11,577
Umicore SA Chemicals 192   9,230
        143,189
China 0.5%        
a Prosus NV Internet & Direct Marketing Retail 406   43,894
Denmark 3.9%        
A.P. Moeller-Maersk AS, A Marine 4   8,318
A.P. Moeller-Maersk AS, B Marine 6   13,408
Ambu AS, B Health Care Equipment & Supplies 156   6,749
Carlsberg AS, B Beverages 94   15,068
a Chr. Hansen Holding AS Chemicals 98   10,091
Coloplast AS, B Health Care Equipment & Supplies 126   19,254
a Danske Bank AS Banks 620   10,258
DSV Panalpina A/S Air Freight & Logistics 190   31,857
a Genmab A/S Biotechnology 56   22,672
GN Store Nord AS Health Care Equipment & Supplies 122   9,770
H. Lundbeck AS Pharmaceuticals 54   1,853
a ISS AS Commercial Services & Supplies 174   3,015
Novo Nordisk AS, B Pharmaceuticals 1,518   106,461
Novozymes AS Chemicals 194   11,145
Orsted AS Electric Utilities 178   36,384
Pandora AS Textiles, Apparel & Luxury Goods 88   9,851
Rockwool International AS, B Building Products 6   2,247
Tryg AS Insurance 124   3,916
Vestas Wind Systems AS Electrical Equipment 192   45,432
a William Demant Holding AS Health Care Equipment & Supplies 100   3,955
        371,704
Finland 2.2%        
Elisa OYJ Diversified Telecommunication Services 136   7,467
b Fortum OYJ, Reg S Electric Utilities 404   9,738

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Huhtamaki OYJ Containers & Packaging 82 4,240
Kesko OYJ Food & Staples Retailing 256 6,590
Kojamo Oyj Real Estate Management & Development 184 4,075
Kone OYJ, B Machinery 370 30,087
Metso Outotec Oyj Machinery 574 5,742
Neles Oyj Machinery 100 1,328
Neste Oil OYJ Oil, Gas & Consumable Fuels 392 28,375
a Nokia OYJ, A Communications Equipment 5,272 20,326
Nokian Renkaat OYJ Auto Components 128 4,514
a Nordea Bank Abp Banks 3,174 25,911
Orion OYJ Pharmaceuticals 96 4,408
Sampo OYJ, A Insurance 474 20,049
Stora Enso OYJ, R Paper & Forest Products 540 10,337
UPM-Kymmene OYJ Paper & Forest Products 502 18,715
Wartsila OYJ ABP Machinery 458 4,567
      206,469
France 16.4%      
a Accor SA Hotels, Restaurants & Leisure 172 6,229
a Adevinta ASA, B Interactive Media & Services 212 3,566
a Aeroports de Paris SA Transportation Infrastructure 26 3,375
Air Liquide SA Chemicals 436 71,618
a Airbus SE Aerospace & Defense 520 57,122
c ALD SA, 144A Road & Rail 70 985
a Alstom SA Machinery 232 13,231
a Amundi SA Capital Markets 52 4,250
a ArcelorMittal SA Metals & Mining 662 15,293
Arkema SA Chemicals 62 7,093
a Atos SE IT Services 86 7,869
AXA SA Insurance 1,804 43,069
Biomerieux Health Care Equipment & Supplies 40 5,648
a BNP Paribas SA Banks 1,016 53,585
Bollore Entertainment 914 3,782
Bouygues SA Construction & Engineering 196 8,070
a Bureau Veritas SA Professional Services 268 7,135
Capgemini SE IT Services 148 22,962
Carrefour SA Food & Staples Retailing 546 9,373
a Casino Guichard-Perrachon SA Food & Staples Retailing 42 1,294
Cie Generale des Etablissements Michelin SCA Auto Components 164 21,059
a CNP Assurances Insurance 138 2,225
a Compagnie de Saint-Gobain Building Products 448 20,556
  Equity Real Estate Investment Trusts    
Covivio (REITs) 46 4,241
a Credit Agricole SA Banks 1,068 13,486
Danone SA Food Products 558 36,704
a Dassault Aviation SA Aerospace & Defense 2 2,195
Dassault Systemes Software 124 25,208
Edenred IT Services 230 13,061
a EDF SA Electric Utilities 482 7,605
a Eiffage SA Construction & Engineering 70 6,770
a Engie SA Multi-Utilities 1,554 23,805
EssilorLuxottica SA Textiles, Apparel & Luxury Goods 276 43,074
a Eurazeo SE Diversified Financial Services 42 2,852
a Faurecia SE Auto Components 74 3,795
  Equity Real Estate Investment Trusts    
Gecina SA (REITs) 48 7,418
a Getlink SE Transportation Infrastructure 428 7,426
Hermes International Textiles, Apparel & Luxury Goods 29 31,211
  Equity Real Estate Investment Trusts    
ICADE (REITs) 30 2,309
Iliad SA Diversified Telecommunication Services 14 2,879
Imerys SA Construction Materials 36 1,703
Ipsen SA Pharmaceuticals 32 2,659
a JCDecaux SA Media 70 1,596

 

 

FRANKLIN TEMPLETON ETF TRUST

STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)

Kering SA Textiles, Apparel & Luxury Goods 70 50,909
  Equity Real Estate Investment Trusts    
Klepierre SA (REITs) 178 4,005
L'Oreal SA Personal Products 224 85,183
La Francaise des Jeux SAEM Hotels, Restaurants & Leisure 84 3,845
Legrand SA Electrical Equipment 250 22,330
LVMH Moet Hennessy Louis Vuitton SE Textiles, Apparel & Luxury Goods 234 146,276
a Natixis SA Capital Markets 792 2,703
Orange SA Diversified Telecommunication Services 1,796 21,390
a Orpea Health Care Providers & Services 46 6,053
Pernod Ricard SA Beverages 194 37,219
a Peugeot SA Automobiles 508 13,904
Plastic Omnium SA Auto Components 50 1,726
Publicis Groupe Media 208 10,373
Remy Cointreau SA Beverages 20 3,727
a Renault SA Automobiles 172 7,526
a Rexel SA Trading Companies & Distributors 282 4,449
Rubis SCA Gas Utilities 90 4,182
a Safran SA Aerospace & Defense 302 42,845
Sanofi Pharmaceuticals 1,022 98,412
Sartorius Stedim Biotech Life Sciences Tools & Services 22 7,839
Schneider Electric SE Electrical Equipment 494 71,504
a SCOR SE Insurance 148 4,784
SEB SA Household Durables 26 4,740
a Societe Generale SA Banks 726 15,121
Sodexo SA Hotels, Restaurants & Leisure 80 6,776
Suez SA Multi-Utilities 348 6,906
Teleperformance Professional Services 54 17,925
Thales SA Aerospace & Defense 94 8,615
Total SE Oil, Gas & Consumable Fuels 2,266 97,871
a Ubisoft Entertainment SA Entertainment 90 8,682
  Equity Real Estate Investment Trusts    
Unibail-Rodamco-Westfield (REITs) 122 9,640
Valeo SA Auto Components 224 8,847
Veolia Environnement SA Multi-Utilities 472 11,556
Vinci SA Construction & Engineering 438 43,602
Vivendi SA Entertainment 732 23,627
Wendel SE Diversified Financial Services 26 3,116
a,b Worldline SA, Reg S IT Services 222 21,486
      1,569,080
Germany 14.1%      
1&1 Drillisch AG Wireless Telecommunication Services 44 1,100
a Adidas AG Textiles, Apparel & Luxury Goods 180 65,609
Allianz SE Insurance 390 95,771
Aroundtown SA Real Estate Management & Development 1,146 8,581
BASF SE Chemicals 862 68,260
Bayer AG Pharmaceuticals 924 54,442
Bayerische Motoren Werke AG Automobiles 302 26,690
Bechtle AG IT Services 26 5,675
Beiersdorf AG Personal Products 94 10,862
Brenntag AG Trading Companies & Distributors 146 11,315
Carl Zeiss Meditec AG Health Care Equipment & Supplies 34 4,530
a Commerzbank AG Banks 980 6,314
Continental AG Auto Components 102 15,132
Covestro AG Chemicals 170 10,500
a CTS Eventim AG & Co. KGaA Entertainment 56 3,727
Daimler AG Automobiles 758 53,597
a Delivery Hero SE Internet & Direct Marketing Retail 134 20,822
a Deutsche Bank AG Capital Markets 1,920 21,023
Deutsche Boerse AG Capital Markets 172 29,305
a Deutsche Lufthansa AG Airlines 282 3,732
Deutsche Post AG Air Freight & Logistics 918 45,490
Deutsche Telekom AG Diversified Telecommunication Services 3,034 55,517

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Deutsche Wohnen AG Real Estate Management & Development 326 17,427
c DWS Group GmbH & Co. KGaA, 144A Capital Markets 34 1,448
E.ON SE Multi-Utilities 2,032 22,535
Evonik Industries AG Chemicals 180 5,876
a Fielmann AG Specialty Retail 22 1,789
a Fraport AG Frankfurt Airport Services Worldwide Transportation Infrastructure 34 2,053
Fresenius Medical Care AG & Co. KGaA Health Care Providers & Services 190 15,855
Fresenius SE and Co. KGaA Health Care Providers & Services 378 17,501
Fuchs Petrolub SE Chemicals 26 1,204
GEA Group AG Machinery 158 5,660
Grenkeleasing AG Consumer Finance 24 1,140
Hannover Rueck SE Insurance 56 8,928
HeidelbergCement AG Construction Materials 140 10,487
a Hella GmbH & Co. KGaA Auto Components 40 2,589
a HelloFresh SE Internet & Direct Marketing Retail 136 10,517
Henkel AG & Co. KGaA Household Products 96 9,262
Hochtief AG Construction & Engineering 18 1,752
  Semiconductors & Semiconductor    
Infineon Technologies AG Equipment 1,222 46,934
a,b,c Just Eat Takeaway.com NV, 144A, Reg S Internet & Direct Marketing Retail 110 12,420
KION Group AG Machinery 74 6,443
Knorr-Bremse AG Machinery 62 8,472
Lanxess AG Chemicals 80 6,143
LEG Immobilien AG Real Estate Management & Development 66 10,261
Merck KGaA Pharmaceuticals 122 20,951
METRO AG Food & Staples Retailing 158 1,778
MTU Aero Engines AG Aerospace & Defense 50 13,055
Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in      
Muenchen Insurance 132 39,214
Nemetschek AG Software 52 3,843
a Osram Licht AG Electrical Equipment 28 1,783
a ProSiebenSat.1 Media SE Media 148 2,491
a Puma SE Textiles, Apparel & Luxury Goods 86 9,710
Rational AG Machinery 2 1,864
Rheinmetall AG Industrial Conglomerates 40 4,237
RWE AG Multi-Utilities 592 25,041
SAP SE Software 1,054 138,273
b Scout24 AG, Reg S Interactive Media & Services 98 8,040
Siemens AG Industrial Conglomerates 718 103,242
a Siemens Energy AG Electrical Equipment 360 13,214
Siemens Healthineers AG Health Care Equipment & Supplies 210 10,787
Suedzucker AG Food Products 74 1,057
Symrise AG Chemicals 120 15,916
a Talanx AG Insurance 50 1,943
a TeamViewer AG Software 136 7,293
Telefonica Deutschland Holding AG Diversified Telecommunication Services 602 1,661
a thyssenkrupp AG Metals & Mining 436 4,334
Traton SE Machinery 48 1,328
TUI AG Hotels, Restaurants & Leisure 412 2,582
  Independent Power and Renewable    
Uniper SE Electricity Producers 106 3,663
United Internet AG Diversified Telecommunication Services 104 4,381
a Varta AG Electrical Equipment 14 2,025
Volkswagen AG Automobiles 30 6,244
Vonovia SE Real Estate Management & Development 534 39,046
Wacker Chemie AG Chemicals 14 2,000
a Zalando SE Internet & Direct Marketing Retail 154 17,158
      1,352,844
Ireland 1.1%      
a AIB Group PLC Banks 704 1,448
CRH PLC Construction Materials 736 30,766
a Flutter Entertainment PLC Hotels, Restaurants & Leisure 116 23,959
Glanbia PLC Food Products 178 2,261

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Kerry Group Food Products 144 20,879
a Kingspan Group PLC Building Products 140 9,832
Smurfit Kappa Group PLC Containers & Packaging 238 11,178
      100,323
Italy 3.4%      
A2A SpA Multi-Utilities 1,430 2,282
a Amplifon SpA Health Care Providers & Services 114 4,748
Assicurazioni Generali SpA Insurance 1,182 20,623
a Atlantia SpA Transportation Infrastructure 464 8,354
Banca Mediolanum SpA Diversified Financial Services 246 2,137
Buzzi Unicem SpA Construction Materials 68 1,622
Buzzi Unicem SpA, di Risp Construction Materials 38 610
Davide Campari-Milano NV Beverages 474 5,417
DiaSorin SpA Health Care Equipment & Supplies 22 4,579
Enel SpA Electric Utilities 7,306 73,981
Eni SpA Oil, Gas & Consumable Fuels 2,322 24,286
Ferrari NV Automobiles 114 26,314
a FinecoBank Banca Fineco SpA Banks 578 9,477
Hera SpA Multi-Utilities 648 2,363
b Infrastrutture Wireless Italiane SpA, Reg S Diversified Telecommunication Services 310 3,766
a Intesa Sanpaolo SpA Banks 14,580 34,120
Italgas Reti SpA Gas Utilities 474 3,016
Leonardo SpA Aerospace & Defense 366 2,647
Mediobanca Banca di Credito Finanziario SpA Banks 638 5,886
a Moncler SpA Textiles, Apparel & Luxury Goods 182 11,166
a Nexi SpA IT Services 368 7,357
a Pirelli & C SpA Auto Components 382 2,072
b Poste Italiane SpA, Reg S Insurance 434 4,418
Prysmian SpA Electrical Equipment 228 8,112
Recordati Industria Chimica e Farmaceutica SpA Pharmaceuticals 92 5,103
Snam SpA Gas Utilities 2,070 11,653
Telecom Italia SpA/Milano Diversified Telecommunication Services 10,072 4,651
Telecom Italia SpA/Milano, di Risp Diversified Telecommunication Services 5,674 2,942
Tenaris SA Energy Equipment & Services 440 3,566
Terna Rete Elettrica Nazionale SpA Electric Utilities 1,316 10,064
a UniCredit SpA Banks 2,010 18,809
UnipolSai Assicurazioni SpA Insurance 478 1,269
      327,410
Kazakhstan 0.0%†      
KAZ Minerals PLC Metals & Mining 206 1,859
Luxembourg 0.1%      
a Eurofins Scientific SE Life Sciences Tools & Services 114 9,573
a RTL Group SA Media 36 1,750
      11,323
Netherlands 6.0%      
Aalberts NV Machinery 90 4,015
a ABN AMRO Bank NV, GDR Banks 390 3,827
a Adyen NV IT Services 25 58,272
Aegon NV Insurance 1,640 6,491
Akzo Nobel NV Chemicals 180 19,350
a Altice Europe NV, A Diversified Telecommunication Services 498 3,246
a Altice Europe NV, B Diversified Telecommunication Services 10 65
a Argenx SE Biotechnology 44 13,028
  Semiconductors & Semiconductor    
ASM International NV Equipment 44 9,688
  Semiconductors & Semiconductor    
ASML Holding NV Equipment 374 181,922
ASR Nederland NV Insurance 130 5,225
b Euronext NV, Reg S Capital Markets 58 6,398
EXOR NV Diversified Financial Services 98 7,940
a Grandvision NV Specialty Retail 44 1,373
Heineken Holding NV Beverages 96 9,050

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Heineken NV Beverages 224 25,001
IMCD Group NV Trading Companies & Distributors 54 6,888
a ING Groep NV Banks 3,666 34,274
a JDE Peet's BV Beverages 58 2,622
Koninklijke Ahold Delhaize NV Food & Staples Retailing 1,006 28,446
Koninklijke DSM NV Chemicals 162 27,909
Koninklijke KPN NV Diversified Telecommunication Services 3,088 9,397
a Koninklijke Philips NV Health Care Equipment & Supplies 854 45,746
Koninklijke Vopak NV Oil, Gas & Consumable Fuels 60 3,156
NN Group NV Insurance 300 13,042
a QIAGEN NV Life Sciences Tools & Services 208 10,803
a Randstad NV Professional Services 104 6,775
a Signify NV Electrical Equipment 112 4,732
Wolters Kluwer NV Professional Services 248 20,956
      569,637
Norway 1.0%      
Aker ASA Diversified Financial Services 22 1,439
Aker BP ASA Oil, Gas & Consumable Fuels 104 2,626
a DNB ASA Banks 960 18,837
Equinor ASA Oil, Gas & Consumable Fuels 898 15,203
Gjensidige Forsikring ASA Insurance 156 3,487
Leroy Seafood Group ASA Food Products 236 1,669
Mowi ASA Food Products 400 8,923
Norsk Hydro ASA Metals & Mining 1,264 5,884
Orkla ASA Food Products 718 7,296
Salmar ASA Food Products 50 2,941
a Schibsted ASA, A Media 74 3,166
a Schibsted ASA, B Media 90 3,362
Telenor ASA Diversified Telecommunication Services 586 9,986
Tomra Systems ASA Commercial Services & Supplies 110 5,429
Yara International ASA Chemicals 162 6,736
      96,984
Poland 0.5%      
a Allegro.eu Internet & Direct Marketing Retail 286 6,501
a Bank Pekao SA Banks 146 2,394
a CD Projekt SA Entertainment 60 4,424
Cyfrowy Polsat SA Media 246 1,999
a Dino Polska SA Food & Staples Retailing 46 3,573
Grupa Lotos SA Oil, Gas & Consumable Fuels 92 1,023
a KGHM Polska Miedz SA Metals & Mining 126 6,188
a LPP SA Textiles, Apparel & Luxury Goods 1 2,224
a PGE Polska Grupa Energetyczna SA Electric Utilities 692 1,207
Polski Koncern Naftowy Orlen SA Oil, Gas & Consumable Fuels 284 4,400
Polskie Gornictwo Naftowe i Gazownictwo SA Oil, Gas & Consumable Fuels 1,534 2,282
a Powszechna Kasa Oszczednosci Bank Polski SA Banks 800 6,166
a Powszechny Zaklad Ubezpieczen SA Insurance 526 4,568
a Santander Bank Polska SA Banks 26 1,296
      48,245
Portugal 0.3%      
EDP- Energias de Portugal SA Electric Utilities 2,636 16,629
Galp Energia SGPS SA, B Oil, Gas & Consumable Fuels 472 5,056
Jeronimo Martins SGPS SA Food & Staples Retailing 222 3,754
      25,439
Russia 0.1%      
Evraz PLC Metals & Mining 512 3,300
Polymetal International PLC Metals & Mining 334 7,691
      10,991
Spain 3.9%      
Acciona SA Electric Utilities 20 2,856
ACS Actividades de Construccion y Servicios SA Construction & Engineering 208 6,910
a Aena SME SA Transportation Infrastructure 66 11,483

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Amadeus IT Group SA IT Services 400 29,150
Banco Bilbao Vizcaya Argentaria SA Banks 6,256 30,886
a Banco Santander SA Banks 16,078 49,928
Bankia SA Banks 1,140 2,021
Bankinter SA Banks 612 3,313
CaixaBank SA Banks 3,378 8,684
Cellnex Telecom SA Diversified Telecommunication Services 320 19,232
Corporacion Mapfre SA Insurance 916 1,785
  Independent Power and Renewable    
EDP Renovaveis SA Electricity Producers 140 3,906
Enagas SA Gas Utilities 232 5,100
Endesa SA Electric Utilities 296 8,094
Ferrovial SA Construction & Engineering 456 12,609
Grifols SA Biotechnology 306 8,941
Iberdrola SA Electric Utilities 5,554 79,508
Industria de Diseno Textil SA Specialty Retail 988 31,479
  Equity Real Estate Investment Trusts    
Inmobiliaria Colonial SA (REITs) 306 3,005
  Equity Real Estate Investment Trusts    
Merlin Properties Socimi SA (REITs) 318 3,027
Naturgy Energy Group SA Gas Utilities 270 6,264
Red Electrica Corp. SA Electric Utilities 392 8,046
Repsol SA Oil, Gas & Consumable Fuels 1,250 12,618
a Repsol SA, rts., 1/08/21 Oil, Gas & Consumable Fuels 1,280 440
Siemens Gamesa Renewable Energy SA Electrical Equipment 206 8,340
Telefonica SA Diversified Telecommunication Services 4,552 18,073
Telefonica SA Diversified Telecommunication Services 126 500
Zardoya Otis SA Machinery 154 1,080
      377,278
Sweden 5.4%      
a Alfa Laval AB Machinery 294 8,101
Assa Abloy AB, B Building Products 860 21,205
Atlas Copco AB Machinery 356 15,965
Atlas Copco AB, A Machinery 592 30,355
Boliden AB Metals & Mining 258 9,154
Castellum AB Real Estate Management & Development 252 6,404
Electrolux AB, B Household Durables 216 5,033
Elekta AB, B Health Care Equipment & Supplies 336 4,519
Epiroc AB, A Machinery 580 10,569
Epiroc AB, B Machinery 360 6,093
EQT AB Capital Markets 190 4,868
Ericsson, B Communications Equipment 2,822 33,551
Essity AB, B Household Products 570 18,358
b,c Evolution Gaming Group AB, 144A, Reg S Hotels, Restaurants & Leisure 148 15,044
a Fastighets AB Balder, B Real Estate Management & Development 90 4,700
a Hennes & Mauritz AB, B Specialty Retail 822 17,216
  Electronic Equipment, Instruments &    
Hexagon AB, B Components 240 21,912
Holmen AB, B Paper & Forest Products 92 4,409
Husqvarna AB, B Household Durables 384 4,980
ICA Gruppen AB Food & Staples Retailing 74 3,702
a Industrivarden AB, A Diversified Financial Services 196 6,544
a Industrivarden AB, C Diversified Financial Services 156 5,043
Investment AB Latour, B Industrial Conglomerates 116 2,821
Investor AB, A Diversified Financial Services 126 9,167
Investor AB, B Diversified Financial Services 424 30,936
Kinnevik AB, B Diversified Financial Services 226 11,434
a L E Lundbergforetagen AB, B Diversified Financial Services 70 3,755
Lifco AB, B Industrial Conglomerates 42 4,035
Lundin Energy AB Oil, Gas & Consumable Fuels 168 4,548
Nibe Industrier AB Building Products 282 9,261
a Saab AB, B Aerospace & Defense 86 2,508
a Sandvik AB Machinery 1,012 24,805

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Securitas AB, B Commercial Services & Supplies 288 4,655
a,b Sinch AB, Reg S Software 38 6,200
a Skandinaviska Enskilda Banken AB, A Banks 1,366 14,055
Skanska AB, B Construction & Engineering 336 8,579
SKF AB, B Machinery 362 9,406
a Svenska Cellulosa AB, A Paper & Forest Products 24 432
a Svenska Cellulosa AB, B Paper & Forest Products 558 9,737
a Svenska Handelsbanken AB, A Banks 1,414 14,222
a Svenska Handelsbanken AB, B Banks 10 112
Sweco AB, B Construction & Engineering 188 3,457
a Swedbank AB, A Banks 944 16,566
Swedish Match AB Tobacco 144 11,183
a Swedish Orphan Biovitrum AB Biotechnology 168 3,398
Tele2 AB, B Wireless Telecommunication Services 490 6,480
Telefonaktiebolaget LM Ericsson, A Communications Equipment 30 385
Telia Co. AB Diversified Telecommunication Services 2,414 9,982
a Trelleborg AB, B Machinery 228 5,067
a Volvo AB, A Machinery 190 4,521
a Volvo AB, B Machinery 1,342 31,669
      521,101
Switzerland 15.4%      
ABB Ltd. Electrical Equipment 1,684 47,075
Adecco Group AG Professional Services 146 9,771
a Alcon Inc. Health Care Equipment & Supplies 430 28,623
Baloise Holding AG Insurance 42 7,483
Banque Cantonale Vaudoise Banks 28 3,050
Barry Callebaut AG Food Products 3 7,141
Chocoladefabriken Lindt & Spruengli AG Food Products 2 19,526
Cie Financiere Richemont SA Textiles, Apparel & Luxury Goods 479 43,394
Clariant AG Chemicals 218 4,641
a Coca-Cola HBC AG Beverages 182 5,914
Credit Suisse Group AG Capital Markets 2,196 28,321
DKSH Holding AG Professional Services 34 2,560
EMS-Chemie Holding AG Chemicals 6 5,790
a Flughafen Zurich AG Transportation Infrastructure 18 3,179
Geberit AG Building Products 34 21,317
Georg Fischer AG Machinery 4 5,159
Givaudan AG Chemicals 8 33,758
Helvetia Holding AG Insurance 32 3,381
Julius Baer Group Ltd. Capital Markets 206 11,885
Kuehne + Nagel International AG Marine 48 10,904
a LafargeHolcim Ltd., B Construction Materials 482 26,511
  Technology Hardware, Storage &    
Logitech International SA Peripherals 140 13,608
Lonza Group AG Life Sciences Tools & Services 70 45,043
Nestle SA Food Products 2,620 309,023
Novartis AG Pharmaceuticals 2,020 191,157
OC Oerlikon Corp. AG Machinery 176 1,822
Partners Group Holding AG Capital Markets 20 23,531
PSP Swiss Property AG Real Estate Management & Development 40 5,353
Roche Holding AG Pharmaceuticals 26 9,118
Roche Holding AG Pharmaceuticals 654 228,617
Schindler Holding AG Machinery 18 4,855
Schindler Holding AG, PC Machinery 38 10,257
SGS SA Professional Services 6 18,123
a SIG Combibloc Group AG Containers & Packaging 306 7,110
Sika AG Chemicals 132 36,108
a Sonova Holding AG Health Care Equipment & Supplies 50 13,010
  Semiconductors & Semiconductor    
STMicroelectronics NV Equipment 594 22,007
Straumann Holding AG Health Care Equipment & Supplies 10 11,669
Sulzer AG Machinery 16 1,685
Swatch Group AG Textiles, Apparel & Luxury Goods 28 7,650

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Swatch Group AG Textiles, Apparel & Luxury Goods 38 2,010
Swiss Life Holding AG Insurance 30 13,996
Swiss Prime Site AG Real Estate Management & Development 70 6,882
Swiss Re AG Insurance 264 24,890
Swisscom AG Diversified Telecommunication Services 24 12,954
Temenos AG Software 58 8,113
UBS Group AG Capital Markets 3,156 44,522
a,b VAT Group AG, Reg S Machinery 24 5,995
Vifor Pharma AG Pharmaceuticals 48 7,548
Zurich Insurance Group AG Insurance 140 59,155
      1,475,194
United Arab Emirates 0.0%†      
a NMC Health PLC Health Care Providers & Services 60 —
United Kingdom 21.7%      
3i Group PLC Capital Markets 880 13,930
Admiral Group PLC Insurance 194 7,706
Anglo American PLC Metals & Mining 1,156 38,312
Antofagasta PLC Metals & Mining 322 6,340
Ashmore Group PLC Capital Markets 438 2,582
Ashtead Group PLC Trading Companies & Distributors 420 19,738
a Associated British Foods PLC Food Products 326 10,089
AstraZeneca PLC Pharmaceuticals 1,230 123,142
Auto Trader Group PLC Interactive Media & Services 876 7,137
Avast PLC Software 522 3,835
AVEVA Group PLC Software 106 4,640
Aviva PLC Insurance 3,656 16,252
B&M European Value Retail SA Multiline Retail 796 5,617
BAE Systems PLC Aerospace & Defense 3,020 20,179
a Barclays PLC Banks 16,220 32,522
a Barratt Developments PLC Household Durables 948 8,682
Bellway PLC Household Durables 116 4,686
BHP Group PLC Metals & Mining 1,954 51,417
BP PLC Oil, Gas & Consumable Fuels 18,626 64,874
British American Tobacco PLC Tobacco 2,144 79,364
  Equity Real Estate Investment Trusts    
British Land Co. PLC (REITs) 878 5,869
BT Group PLC Diversified Telecommunication Services 8,170 14,770
Bunzl PLC Trading Companies & Distributors 318 10,619
a Burberry Group PLC Textiles, Apparel & Luxury Goods 376 9,198
a Centrica PLC Multi-Utilities 5,516 3,514
a CNH Industrial NV Machinery 928 11,724
Compass Group PLC Hotels, Restaurants & Leisure 1,674 31,189
ConvaTec Group PLC Health Care Equipment & Supplies 1,500 4,084
Croda International PLC Chemicals 128 11,541
DCC PLC Industrial Conglomerates 92 6,512
  Equity Real Estate Investment Trusts    
Derwent London PLC (REITs) 94 3,978
Diageo PLC Beverages 2,154 84,740
Direct Line Insurance Group PLC Insurance 1,284 5,599
a DS Smith PLC Containers & Packaging 1,202 6,155
easyJet PLC Airlines 216 2,451
a Entain PLC Hotels, Restaurants & Leisure 546 8,460
Experian PLC Professional Services 850 32,266
Ferguson PLC Trading Companies & Distributors 208 25,259
a Fiat Chrysler Automobiles NV Automobiles 1,036 18,583
Fresnillo PLC Metals & Mining 176 2,717
GlaxoSmithKline PLC Pharmaceuticals 4,626 84,861
  Electronic Equipment, Instruments &    
Halma PLC Components 356 11,918
Hargreaves Lansdown PLC Capital Markets 336 7,004
Hikma Pharmaceuticals PLC Pharmaceuticals 156 5,369
a Hiscox Ltd. Insurance 298 4,049
HomeServe PLC Commercial Services & Supplies 258 3,615

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a Howden Joinery Group PLC Trading Companies & Distributors 538 5,071
a HSBC Holdings PLC Banks 19,098 98,903
IMI PLC Machinery 250 3,981
Imperial Brands PLC Tobacco 884 18,555
a Informa PLC Media 1,406 10,551
a InterContinental Hotels Group PLC Hotels, Restaurants & Leisure 172 11,027
Intermediate Capital Group PLC Capital Markets 266 6,276
International Consolidated Airlines Group SA Airlines 984 2,149
Intertek Group PLC Professional Services 152 11,735
a ITV PLC Media 3,502 5,113
J Sainsbury PLC Food & Staples Retailing 1,512 4,661
a JD Sports Fashion PLC Specialty Retail 404 4,749
Johnson Matthey PLC Chemicals 178 5,900
a Kingfisher PLC Specialty Retail 1,988 7,348
  Equity Real Estate Investment Trusts    
Land Securities Group PLC (REITs) 670 6,171
Legal & General Group PLC Insurance 5,556 20,217
a Lloyds Banking Group PLC Banks 66,028 32,890
London Stock Exchange Group PLC Capital Markets 296 36,448
M&G PLC Diversified Financial Services 2,442 6,608
a Meggitt PLC Aerospace & Defense 740 4,719
a Melrose Industries PLC Electrical Equipment 4,528 11,020
Mondi PLC Paper & Forest Products 444 10,436
National Grid PLC Multi-Utilities 3,292 38,925
a Natwest Group PLC Banks 4,272 9,790
a Next PLC Multiline Retail 120 11,623
a Ocado Group PLC Internet & Direct Marketing Retail 456 14,256
Pearson PLC Media 690 6,418
Pennon Group PLC Water Utilities 398 5,168
Persimmon PLC Household Durables 298 11,271
Phoenix Group Holdings PLC Insurance 492 4,712
Prudential PLC Insurance 2,448 45,075
Quilter PLC Capital Markets 1,582 3,322
Reckitt Benckiser Group PLC Household Products 592 52,940
RELX PLC Professional Services 1,744 42,732
  Electronic Equipment, Instruments &    
a Renishaw PLC Components 32 2,520
a Rentokil Initial PLC Commercial Services & Supplies 1,732 12,065
a Rightmove PLC Interactive Media & Services 794 7,064
a Rolls-Royce Holdings PLC Aerospace & Defense 7,018 10,673
Royal Dutch Shell PLC, A Oil, Gas & Consumable Fuels 3,848 68,265
Royal Dutch Shell Plc, B Oil, Gas & Consumable Fuels 3,478 59,875
RSA Insurance Group PLC Insurance 962 8,908
Schroders PLC Capital Markets 106 4,835
  Equity Real Estate Investment Trusts    
Segro PLC (REITs) 1,108 14,352
Severn Trent PLC Water Utilities 224 7,009
Smith & Nephew PLC Health Care Equipment & Supplies 820 16,926
Smiths Group PLC Industrial Conglomerates 362 7,445
Spirax-Sarco Engineering PLC Machinery 70 10,808
SSE PLC Electric Utilities 976 20,012
St. James's Place Capital PLC Capital Markets 494 7,654
a Standard Chartered PLC Banks 2,428 15,463
Standard Life Aberdeen PLC Capital Markets 2,052 7,890
Tate & Lyle PLC Food Products 434 4,001
a Taylor Wimpey PLC Household Durables 3,392 7,688
TechnipFMC PLC Energy Equipment & Services 432 4,087
Tesco PLC Food & Staples Retailing 9,092 28,759
The Berkeley Group Holdings PLC Household Durables 108 7,001
The Sage Group PLC Software 1,000 7,956
a Travis Perkins PLC Trading Companies & Distributors 236 4,345
Unilever PLC Personal Products 2,384 143,127
United Utilities Group PLC Water Utilities 646 7,903
Vodafone Group PLC Wireless Telecommunication Services 25,144 41,568

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
a Weir Group PLC Machinery 246 6,690
a Whitbread PLC Hotels, Restaurants & Leisure 190 8,051
William Morrison Supermarkets PLC Food & Staples Retailing 1,924 4,664
WPP PLC Media 1,114 12,182
      2,077,634
Total Common Stocks and Other Equity Interests (Cost $9,271,235)   9,468,826
Preferred Stocks 0.9%      
Germany 0.9%      
d Bayerische Motoren Werke AG, 4.565%, pfd. Automobiles 54 3,647
d Fuchs Petrolub SE, 2.089%, pfd. Chemicals 64 3,637
d Henkel AG & Co. KGaA, 2.004%, pfd. Household Products 164 18,521
d Porsche Automobil Holding SE, 3.918%, pfd. Automobiles 144 9,937
d Sartorius AG, 0.105%, pfd. Health Care Equipment & Supplies 32 13,453
d Volkswagen AG, 3.189%, pfd. Automobiles 172 32,077
Total Preferred Stocks (Cost $82,400)     81,272
Short Term Investments 0.0%†      
United States 0.0%†      
e,f Institutional Fiduciary Trust Portfolio, 0.00% Money Market Funds 3,177 3,177
 
Total Investments (Cost $9,356,812) 99.8%     9,553,275
Other Assets, less Liabilities 0.2%     20,737
Net Assets 100.0%   $ 9,574,012

 

  • Rounds to less than 0.1% of net assets.
  • Non-income producing.
  • Security 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. At December 31, 2020, the aggregate value of these securities was $93,505, representing 1.0% of net assets.
  • Security 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. At December 31, 2020, the aggregate value of these securities was $29,897, representing 0.3% of net assets.
  • Variable rate security. The rate shown represents the yield at period end.
  • See Note 5 regarding investments in affiliated management investment companies.
  • The rate shown is the annualized seven-day effective yield at period end.
 

FRANKLIN TEMPLETON ETF TRUST                    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)              
 
 
 
At December 31, 2020 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 14,700 $ 2,397 1/05/21 $ 19 $ —  
Danish Krone BOFA Buy 2,186,000   359,327 1/05/21   5   —  
Danish Krone BOFA Sell 1,107,700   178,204 1/05/21   —   (3,878 )
Danish Krone BOFA Sell 1,093,000   179,147 1/05/21   —   (520 )
Euro BOFA Buy 9,000   10,922 1/05/21   90   —  
Euro BOFA Buy 1,332,000   1,629,793 1/05/21   —   (24 )
Euro HSBK Buy 9,000   10,922 1/05/21   90   —  
Euro HSBK Buy 1,332,000   1,629,793 1/05/21   —   (24 )
Euro UBSW Buy 9,000   10,922 1/05/21   90   —  
Euro UBSW Buy 1,332,000   1,629,801 1/05/21   —   (32 )
Euro BOFA Sell 675,000   808,380 1/05/21   —   (17,516 )
Euro BOFA Sell 666,000   812,368 1/05/21   —   (2,516 )
Euro HSBK Sell 675,000   808,345 1/05/21   —   (17,551 )
Euro HSBK Sell 666,000   812,300 1/05/21   —   (2,585 )
Euro UBSW Sell 675,000   808,300 1/05/21   —   (17,597 )
Euro UBSW Sell 666,000   812,411 1/05/21   —   (2,473 )
Great British Pound DBAB Buy 11,300   15,056 1/05/21   391   —  
Great British Pound DBAB Buy 1,672,200   2,285,814 1/05/21   —   (1 )
Great British Pound DBAB Sell 847,400   1,132,009 1/05/21   —   (26,343 )
Great British Pound DBAB Sell 836,100   1,129,195 1/05/21   —   (13,712 )
Norwegian Krone BOFA Buy 5,900   675 1/05/21   14   —  
Norwegian Krone BOFA Buy 880,400   102,829 1/05/21   —   (2 )
Norwegian Krone BOFA Sell 446,100   50,380 1/05/21   —   (1,723 )
Norwegian Krone BOFA Sell 440,200   50,650 1/05/21   —   (764 )
Polish Zloty BOFA Buy 1,100   300 1/05/21   —   (5 )
Polish Zloty BOFA Buy 164,800   44,229 1/05/21   1   —  
Polish Zloty BOFA Sell 83,500   22,285 1/05/21   —   (125 )
Polish Zloty BOFA Sell 82,400   22,620 1/05/21   505   —  
Swedish Krona BOFA Buy 30,100   3,580 1/05/21   85   —  
Swedish Krona BOFA Buy 4,462,800   543,420 1/05/21   —   (8 )
Swedish Krona BOFA Sell 2,261,500   264,743 1/05/21   —   (10,628 )
Swedish Krona BOFA Sell 2,231,400   266,971 1/05/21   —   (4,736 )
Swiss Franc MSCO Buy 8,600   9,687 1/05/21   42   —  
Swiss Franc MSCO Buy 1,278,800   1,446,724 1/05/21   —   (36 )
Swiss Franc MSCO Sell 648,000   716,784 1/05/21   —   (16,290 )
Swiss Franc MSCO Sell 639,400   722,952 1/05/21   —   (393 )
Danish Krone BOFA Sell 2,239,300   368,282 2/02/21   —   (40 )
Euro BOFA Sell 1,313,800   1,608,601 2/02/21   6   —  
Euro HSBK Sell 1,313,800   1,608,563 2/02/21   —   (32 )
Euro UBSW Sell 1,313,800   1,608,613 2/02/21   18   —  
Great British Pound DBAB Sell 1,656,600   2,265,003 2/02/21   16   —  
Norwegian Krone BOFA Sell 853,900   99,732 2/02/21   3   —  
Polish Zloty BOFA Sell 177,200   47,563 2/02/21   —   (3 )
Swedish Krona BOFA Sell 4,237,800   516,191 2/02/21   —   (11 )
Swiss Franc MSCO Sell 1,264,500   1,431,767 2/02/21   —   (5 )
Total Forward Exchange Contracts           $ 1,375 $ (139,573 )
Net unrealized appreciation (depreciation)               $ (138,198 )
aMay be comprised of multiple contracts with the same counterparty, currency and settlement date.              

 

 

            FRANKLIN TEMPLETON ETF TRUST
        STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
At December 31, 2020, 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 $ 43,452 3/19/21 $ 776
 
*As of period end.              

 

Abbreviations

Selected Portfolio

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

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE France ETF Industry Shares   Value
Common Stocks 100.0%        
France 97.3%        
a Accor SA Hotels, Restaurants & Leisure 740 $ 26,801
a Aeroports de Paris SA Transportation Infrastructure 115   14,929
Air Liquide SA Chemicals 1,870   307,169
a Airbus SE Aerospace & Defense 2,235   245,515
b ALD SA, 144A Road & Rail 330   4,643
a Alstom SA Machinery 1,070   61,022
a Amundi SA Capital Markets 230   18,799
Arkema SA Chemicals 270   30,889
a Atos SE IT Services 380   34,769
AXA SA Insurance 7,745   184,903
Biomerieux Health Care Equipment & Supplies 170   24,004
a BNP Paribas SA Banks 4,360   229,951
Bollore Entertainment 4,005   16,573
Bouygues SA Construction & Engineering 860   35,408
a Bureau Veritas SA Professional Services 1,140   30,352
Capgemini SE IT Services 635   98,518
Carrefour SA Food & Staples Retailing 2,340   40,169
a Casino Guichard-Perrachon SA Food & Staples Retailing 220   6,781
Cie Generale des Etablissements Michelin SCA Auto Components 705   90,530
a CNP Assurances Insurance 605   9,756
a Compagnie de Saint-Gobain Building Products 1,920   88,096
  Equity Real Estate Investment Trusts      
Covivio (REITs) 200   18,439
a Credit Agricole SA Banks 4,655   58,779
Danone SA Food Products 2,415   158,854
a Dassault Aviation SA Aerospace & Defense 10   10,975
Dassault Systemes Software 530   107,745
Edenred IT Services 990   56,217
a EDF SA Electric Utilities 2,070   32,660
a Eiffage SA Construction & Engineering 305   29,496
a Engie SA Multi-Utilities 6,665   102,100
EssilorLuxottica SA Textiles, Apparel & Luxury Goods 1,185   184,936
a Eurazeo SE Diversified Financial Services 175   11,884
a Faurecia SE Auto Components 335   17,178
  Equity Real Estate Investment Trusts      
Gecina SA (REITs) 210   32,452
a Getlink SE Transportation Infrastructure 1,830   31,750
Hermes International Textiles, Apparel & Luxury Goods 125   134,529
  Equity Real Estate Investment Trusts      
ICADE (REITs) 130   10,005
Iliad SA Diversified Telecommunication Services 60   12,341
Imerys SA Construction Materials 155   7,332
Ipsen SA Pharmaceuticals 140   11,631
a JCDecaux SA Media 300   6,838
Kering SA Textiles, Apparel & Luxury Goods 300   218,183
  Equity Real Estate Investment Trusts      
Klepierre SA (REITs) 755   16,988
L'Oreal SA Personal Products 965   366,970
La Francaise des Jeux SAEM Hotels, Restaurants & Leisure 355   16,249
Legrand SA Electrical Equipment 1,075   96,018
LVMH Moet Hennessy Louis Vuitton SE Textiles, Apparel & Luxury Goods 1,005   628,237
a Natixis SA Capital Markets 3,370   11,500
Orange SA Diversified Telecommunication Services 7,695   91,648
a Orpea Health Care Providers & Services 195   25,661
Pernod Ricard SA Beverages 835   160,197
a Peugeot SA Automobiles 2,195   60,079
Plastic Omnium SA Auto Components 225   7,769
Publicis Groupe Media 893   44,536
Remy Cointreau SA Beverages 96   17,889
a Renault SA Automobiles 745   32,597

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
a Rexel SA Trading Companies & Distributors 1,220   19,249
Rubis SCA Gas Utilities 380   17,659
a Safran SA Aerospace & Defense 1,295   183,722
Sanofi Pharmaceuticals 4,385   422,247
Sartorius Stedim Biotech Life Sciences Tools & Services 95   33,848
Schneider Electric SE Electrical Equipment 2,120   306,861
a SCOR SE Insurance 635   20,527
SEB SA Household Durables 110   20,054
a Societe Generale SA Banks 3,115   64,877
Sodexo SA Hotels, Restaurants & Leisure 350   29,643
Suez SA Multi-Utilities 1,495   29,670
Teleperformance Professional Services 235   78,008
Thales SA Aerospace & Defense 405   37,116
Total SE Oil, Gas & Consumable Fuels 9,765   421,763
a Ubisoft Entertainment SA Entertainment 380   36,657
Valeo SA Auto Components 960   37,916
Veolia Environnement SA Multi-Utilities 2,025   49,579
Vinci SA Construction & Engineering 1,890   188,146
Vivendi SA Entertainment 3,140   101,351
Wendel SE Diversified Financial Services 110   13,183
a,c Worldline SA, Reg S IT Services 957   92,621
        6,634,936
Luxembourg 0.6%        
a Eurofins Scientific SE Life Sciences Tools & Services 490   41,146
Netherlands 0.4%        
c Euronext NV, Reg S Capital Markets 245   27,024
Switzerland 1.4%        
  Semiconductors & Semiconductor      
STMicroelectronics NV Equipment 2,545   94,290
United Kingdom 0.3%        
TechnipFMC PLC Energy Equipment & Services 1,845   17,455
Total Investments (Cost $6,716,255) 100.0%       6,814,851
 
Other Assets, less Liabilities 0.0%†       3,408
Net Assets 100.0%     $ 6,818,259

 

  • Rounds to less than 0.1% of net assets.
  • Non-income producing.
  • Security 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 December 31, 2020, the value of this security was $4,643, representing 0.1% of net assets.
  • Security 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. At December 31, 2020, the aggregate value of these securities was $119,645, representing 1.8% of net assets.

Abbreviations

Selected Portfolio

REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Germany ETF Industry Shares   Value
Common Stocks 94.2%        
Germany 93.4%        
1&1 Drillisch AG Wireless Telecommunication Services 222 $ 5,552
a Adidas AG Textiles, Apparel & Luxury Goods 942   343,355
Allianz SE Insurance 2,040   500,956
Aroundtown SA Real Estate Management & Development 6,012   45,019
BASF SE Chemicals 4,494   355,872
Bayer AG Pharmaceuticals 4,830   284,584
Bayerische Motoren Werke AG Automobiles 1,578   139,459
Bechtle AG IT Services 132   28,813
Beiersdorf AG Personal Products 492   56,852
Brenntag AG Trading Companies & Distributors 762   59,055
Carl Zeiss Meditec AG Health Care Equipment & Supplies 180   23,984
a Commerzbank AG Banks 5,124   33,015
Continental AG Auto Components 534   79,222
Covestro AG Chemicals 882   54,477
a CTS Eventim AG & Co. KGaA Entertainment 288   19,170
Daimler AG Automobiles 3,960   280,007
a Delivery Hero SE Internet & Direct Marketing Retail 696   108,152
a Deutsche Bank AG Capital Markets 10,044   109,977
Deutsche Boerse AG Capital Markets 900   153,341
a Deutsche Lufthansa AG Airlines 1,470   19,452
Deutsche Post AG Air Freight & Logistics 4,800   237,858
Deutsche Telekom AG Diversified Telecommunication Services 15,864   290,283
Deutsche Wohnen AG Real Estate Management & Development 1,704   91,091
b DWS Group GmbH & Co. KGaA, 144A Capital Markets 174   7,409
E.ON SE Multi-Utilities 10,662   118,244
Evonik Industries AG Chemicals 936   30,555
a Fielmann AG Specialty Retail 120   9,757
a Fraport AG Frankfurt Airport Services Worldwide Transportation Infrastructure 174   10,509
Fresenius Medical Care AG & Co. KGaA Health Care Providers & Services 996   83,112
Fresenius SE and Co. KGaA Health Care Providers & Services 1,980   91,672
Fuchs Petrolub SE Chemicals 162   7,502
GEA Group AG Machinery 816   29,234
Grenkeleasing AG Consumer Finance 132   6,270
Hannover Rueck SE Insurance 294   46,872
HeidelbergCement AG Construction Materials 732   54,831
a Hella GmbH & Co. KGaA Auto Components 216   13,981
a HelloFresh SE Internet & Direct Marketing Retail 726   56,140
Henkel AG & Co. KGaA Household Products 498   48,046
Hochtief AG Construction & Engineering 96   9,344
  Semiconductors & Semiconductor      
Infineon Technologies AG Equipment 6,390   245,422
KION Group AG Machinery 384   33,434
Knorr-Bremse AG Machinery 324   44,273
Lanxess AG Chemicals 408   31,330
LEG Immobilien AG Real Estate Management & Development 354   55,034
Merck KGaA Pharmaceuticals 636   109,217
METRO AG Food & Staples Retailing 846   9,519
MTU Aero Engines AG Aerospace & Defense 258   67,365
Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in        
Muenchen Insurance 690   204,984
Nemetschek AG Software 264   19,510
a Osram Licht AG Electrical Equipment 144   9,169
a ProSiebenSat.1 Media SE Media 768   12,925
a Puma SE Textiles, Apparel & Luxury Goods 444   50,132
Rational AG Machinery 17   15,839
Rheinmetall AG Industrial Conglomerates 210   22,246
RWE AG Multi-Utilities 3,096   130,955
SAP SE Software 5,514   723,376
c Scout24 AG, Reg S Interactive Media & Services 504   41,348

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
Siemens AG Industrial Conglomerates 3,756   540,081
a Siemens Energy AG Electrical Equipment 1,878   68,935
Siemens Healthineers AG Health Care Equipment & Supplies 1,104   56,707
Suedzucker AG Food Products 378   5,397
Symrise AG Chemicals 618   81,967
a Talanx AG Insurance 264   10,259
a TeamViewer AG Software 708   37,969
Telefonica Deutschland Holding AG Diversified Telecommunication Services 3,336   9,204
a thyssenkrupp AG Metals & Mining 2,316   23,021
Traton SE Machinery 240   6,638
  Independent Power and Renewable      
Uniper SE Electricity Producers 552   19,073
United Internet AG Diversified Telecommunication Services 534   22,496
a Varta AG Electrical Equipment 72   10,413
Volkswagen AG Automobiles 156   32,468
Vonovia SE Real Estate Management & Development 2,784   203,564
Wacker Chemie AG Chemicals 72   10,285
a Zalando SE Internet & Direct Marketing Retail 798   88,910
        6,996,489
Luxembourg 0.1%        
a RTL Group SA Media 186   9,044
Netherlands 0.7%        
a QIAGEN NV Life Sciences Tools & Services 1,086   56,406
Total Common Stocks (Cost $6,457,124)       7,061,939
Preferred Stocks 5.7%        
Germany 5.7%        
d Bayerische Motoren Werke AG, 4.565%, pfd. Automobiles 282   19,047
d Fuchs Petrolub SE, 2.089%, pfd. Chemicals 342   19,433
d Henkel AG & Co. KGaA, 2.004%, pfd. Household Products 858   96,897
d Porsche Automobil Holding SE, 3.918%, pfd. Automobiles 750   51,756
d Sartorius AG, 0.105%, pfd. Health Care Equipment & Supplies 168   70,629
d Volkswagen AG, 3.189%, pfd. Automobiles 900   167,844
Total Preferred Stocks (Cost $386,271)       425,606
Total Investments (Cost $6,843,395) 99.9%       7,487,545
 
Other Assets, less Liabilities 0.1%†       3,942
Net Assets 100.0%     $ 7,491,487

 

  • Rounds to less than 0.1% of net assets.
  • Non-income producing.
  • Security 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. At December 31, 2020, the value of this security was $7,409, representing 0.1% of net assets.
  • Security 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. At December 31, 2020, the value of this security was $41,348, representing 0.6% of net assets.
  • Variable rate security. The rate shown represents the yield at period end.
 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Hong Kong ETF Industry Shares   Value
Common Stocks 99.4%        
Cambodia 0.3%        
NagaCorp Ltd. Hotels, Restaurants & Leisure 42,000 $ 55,033
China 7.7%        
  Electronic Equipment, Instruments &      
AAC Technologies Holdings Inc. Components 19,000   106,347
Budweiser Brewing Co. APAC Ltd. Beverages 48,000   158,476
a China Travel International Investment Hong Kong Ltd. Hotels, Restaurants & Leisure 72,000   9,843
Chow Tai Fook Jewellery Co. Ltd. Specialty Retail 49,600   62,369
  Electronic Equipment, Instruments &      
a FIH Mobile Ltd. Components 84,000   10,292
Kerry Logistics Network Ltd. Air Freight & Logistics 16,000   35,079
Lee & Man Paper Manufacturing Ltd. Paper & Forest Products 40,000   32,758
  Technology Hardware, Storage &      
Lenovo Group Ltd. Peripherals 208,000   196,362
Microport Scientific Corp. Health Care Equipment & Supplies 13,000   70,333
Minth Group Ltd. Auto Components 20,040   105,707
a MMG Ltd. Metals & Mining 64,000   27,816
Nexteer Automotive Group Ltd. Auto Components 24,000   25,783
a Shangri-La Asia Ltd. Hotels, Restaurants & Leisure 32,000   28,517
Shui On Land Ltd. Real Estate Management & Development 98,000   13,650
SITC International Holdings Co. Ltd. Marine 32,000   69,086
Tingyi Cayman Islands Holding Corp. Food Products 52,000   88,792
Towngas China Co. Ltd. Gas Utilities 32,000   14,444
Uni-President China Holdings Ltd. Food Products 32,000   32,562
Want Want China Holdings Ltd. Food Products 152,000   109,974
        1,198,190
Hong Kong 84.1%        
AIA Group Ltd. Insurance 263,200   3,224,721
  Semiconductors & Semiconductor      
ASM Pacific Technology Ltd. Equipment 8,800   116,102
BOC Hong Kong (Holdings) Ltd. Banks 102,000   309,137
Cafe de Coral Holdings Ltd. Hotels, Restaurants & Leisure 10,000   21,538
a Cathay Pacific Airways Ltd. Airlines 28,000   25,892
  Equity Real Estate Investment Trusts      
Champion REIT (REITs) 56,000   32,717
CK Asset Holdings Ltd. Real Estate Management & Development 67,500   346,473
CK Hutchison Holdings Ltd. Industrial Conglomerates 76,000   530,266
CK Infrastructure Holdings Ltd. Electric Utilities 17,500   94,002
CLP Holdings Ltd. Electric Utilities 46,300   428,137
Dah Sing Banking Group Ltd. Banks 9,600   9,855
Dah Sing Financial Group Banks 3,200   9,017
Dairy Farm International Holdings Ltd. Food & Staples Retailing 8,400   35,028
a,b,c ESR Cayman Ltd., 144A, Reg S Real Estate Management & Development 52,000   186,436
Guotai Junan International holdings Ltd. Capital Markets 68,000   9,121
Haitong International Securities Group Ltd. Capital Markets 72,000   17,364
Hang Lung Group Ltd. Real Estate Management & Development 24,000   59,676
Hang Lung Properties Ltd. Real Estate Management & Development 58,000   152,969
Hang Seng Bank Ltd. Banks 20,400   351,758
Henderson Land Development Co. Ltd. Real Estate Management & Development 37,000   144,348
Hong Kong and China Gas Co. Ltd. Gas Utilities 292,550   436,909
Hong Kong Exchanges and Clearing Ltd. Capital Markets 35,800   1,962,251
Hongkong Land Holdings Ltd. Real Estate Management & Development 32,800   135,464
Huabao International Holdings Ltd. Chemicals 24,000   33,057
Hutchison Telecommunications Hong Kong Holdings Ltd. Wireless Telecommunication Services 40,000   5,984
Hysan Development Co. Ltd. Real Estate Management & Development 17,000   62,375
Jardine Matheson Holdings Ltd. Industrial Conglomerates 5,900   330,400
Jardine Strategic Holdings Ltd. Industrial Conglomerates 5,200   129,376
Johnson Electric Holdings Ltd. Auto Components 10,000   24,762
JS Global Lifestyle Co. Ltd. Household Durables 18,000   34,775

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
Kerry Properties Ltd. Real Estate Management & Development 16,000   40,527
a Lifestyle International Holdings Ltd. Multiline Retail 14,000   11,104
  Equity Real Estate Investment Trusts      
Link REIT (REITs) 58,000   528,099
Man Wah Holdings Ltd. Household Durables 41,600   90,240
Melco International Development Ltd. Hotels, Restaurants & Leisure 21,000   40,842
MTR Corp. Ltd. Road & Rail 40,500   226,426
New World Development Co. Ltd. Real Estate Management & Development 40,000   186,230
NWS Holdings Ltd. Industrial Conglomerates 40,000   37,091
PCCW Ltd. Diversified Telecommunication Services 116,000   69,865
Power Assets Holdings Ltd. Electric Utilities 39,000   211,250
a Sa Sa International Holdings Ltd. Specialty Retail 32,000   4,994
a Samsonite International SA Textiles, Apparel & Luxury Goods 36,000   63,793
Shun Tak Holdings Ltd. Industrial Conglomerates 48,000   14,671
Sino Land Co. Ltd. Real Estate Management & Development 94,400   122,963
Sun Hung Kai Properties Ltd. Real Estate Management & Development 40,000   515,873
Swire Pacific Ltd., A Real Estate Management & Development 14,500   80,412
Swire Pacific Ltd., B Real Estate Management & Development 25,000   23,375
Swire Properties Ltd. Real Estate Management & Development 29,600   86,084
Techtronic Industries Co. Ltd. Machinery 35,000   499,236
The Bank of East Asia Ltd. Banks 36,000   76,886
The Wharf Holdings Ltd. Real Estate Management & Development 38,400   103,257
a United Energy Group Ltd. Oil, Gas & Consumable Fuels 208,000   41,043
Vinda International Holdings Ltd. Household Products 8,000   21,821
Vitasoy International Holdings Ltd. Food Products 22,200   86,465
VTech Holdings Ltd. Communications Equipment 4,400   34,133
c WH Group Ltd., Reg S Food Products 238,000   199,514
Wharf Real Estate Investment Co. Ltd. Real Estate Management & Development 46,000   239,378
Xinyi Glass Holdings Ltd. Building Products 56,000   156,361
Yue Yuen Industrial Holdings Ltd. Textiles, Apparel & Luxury Goods 20,000   41,631
        13,113,474
Indonesia 0.1%        
First Pacific Co. Ltd. Diversified Financial Services 64,000   20,387
Italy 0.6%        
a Prada SpA Textiles, Apparel & Luxury Goods 14,400   95,086
Luxembourg 0.2%        
L'Occitane International SA Personal Products 13,000   32,392
Macau 6.0%        
Galaxy Entertainment Group Ltd. Hotels, Restaurants & Leisure 60,800   472,436
MGM China Holdings Ltd. Hotels, Restaurants & Leisure 20,800   35,732
Sands China Ltd. Hotels, Restaurants & Leisure 67,200   295,100
SJM Holdings Ltd. Hotels, Restaurants & Leisure 52,000   58,144
a Wynn Macau Ltd. Hotels, Restaurants & Leisure 41,600   69,853
        931,265
Singapore 0.3%        
BOC Aviation Ltd. Trading Companies & Distributors 6,000   51,845
Taiwan 0.1%        
  Electronic Equipment, Instruments &      
a FIT Hon Teng Ltd. Components 32,000   11,102
Total Investments (Cost $15,083,538) 99.4%       15,508,774
 
Other Assets, less Liabilities 0.6%       88,478
Net Assets 100.0%     $ 15,597,252

 

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. At December 31, 2020, the value of this security was $186,436, representing 1.2% 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. At December 31, 2020, the aggregate value of these securities was $385,950, representing 2.5% of net assets.

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE India ETF Industry Shares   Value
Common Stocks 102.4%        
India 102.4%        
a 3M India Ltd. Industrial Conglomerates 44 $ 12,544
ABB India Ltd. Electrical Equipment 1,034   17,152
ACC Ltd. Construction Materials 1,276   28,249
Adani Enterprises Ltd. Trading Companies & Distributors 5,137   33,715
  Independent Power and Renewable      
a Adani Green Energy Ltd. Electricity Producers 7,667   110,450
Adani Ports And Special Economic Zone Ltd. Transportation Infrastructure 14,872   98,461
  Independent Power and Renewable      
a Adani Power Ltd. Electricity Producers 18,546   12,640
a Aditya Birla Capital Ltd. Diversified Financial Services 10,164   11,824
Alkem Laboratories Ltd. Pharmaceuticals 473   18,943
Ambuja Cements Ltd. Construction Materials 13,409   45,668
Ashok Leyland Ltd. Machinery 25,597   33,438
Asian Paints Ltd. Chemicals 7,216   273,016
a AU Small Finance Bank Ltd. Banks 2,926   34,142
Aurobindo Pharma Ltd. Pharmaceuticals 5,181   65,327
a Avenue Supermarts Ltd. Food & Staples Retailing 2,904   109,837
a Axis Bank Ltd. Banks 44,231   375,586
Bajaj Auto Ltd. Automobiles 1,529   72,070
Bajaj Finance Ltd. Consumer Finance 4,037   292,561
Bajaj Finserv Ltd. Insurance 748   91,175
Bajaj Holdings & Investment Ltd. Diversified Financial Services 517   21,769
Balkrishna Industries Ltd. Auto Components 1,573   35,442
a Bandhan Bank Ltd Banks 15,411   84,840
a Bank of Baroda Banks 17,908   15,061
a Bank of India Banks 6,809   4,538
Bata India Ltd. Textiles, Apparel & Luxury Goods 891   19,263
Bayer Cropscience Ltd. Chemicals 231   17,205
Berger Paints India Ltd. Chemicals 4,554   47,333
Bharat Electronics Ltd. Aerospace & Defense 16,368   26,870
Bharat Forge Ltd. Auto Components 4,279   30,763
a Bharat Heavy Electricals Ltd. Electrical Equipment 20,702   10,171
Bharat Petroleum Corp. Ltd. Oil, Gas & Consumable Fuels 19,569   102,067
Bharti Airtel Ltd. Wireless Telecommunication Services 33,660   234,803
Bharti Infratel Ltd. Diversified Telecommunication Services 16,786   52,816
a Biocon Ltd. Biotechnology 7,183   45,752
Bosch Ltd. Auto Components 154   26,947
Britannia Industries Ltd. Food Products 1,727   84,529
Cadila Healthcare Ltd. Pharmaceuticals 4,796   31,293
a Canara Bank Ltd. Banks 5,841   10,308
Castrol India Ltd. Chemicals 9,394   15,820
Cholamandalam Investment and Finance Co. Ltd. Consumer Finance 5,830   30,930
Cipla Ltd. Pharmaceuticals 8,140   91,346
Coal India Ltd. Oil, Gas & Consumable Fuels 32,681   60,583
Colgate-Palmolive (India) Ltd. Personal Products 1,936   41,473
Container Corp. of India Ltd. Road & Rail 4,708   25,728
Coromandel International Ltd. Chemicals 1,749   19,499
Cummins India Ltd. Machinery 1,969   15,483
Dabur India Ltd. Personal Products 10,362   75,729
Dalmia Bharat Ltd. Construction Materials 913   13,492
Divi's Laboratories Ltd. Life Sciences Tools & Services 2,024   106,422
DLF Ltd. Real Estate Management & Development 11,605   36,983
Dr Reddy's Laboratories Ltd. Pharmaceuticals 1,969   140,265
Eicher Motors Ltd. Automobiles 2,618   90,682
Emami Ltd. Personal Products 3,091   17,926
  Equity Real Estate Investment Trusts      
Embassy Office Parks REIT (REITs) 6,000   28,266
Exide Industries Ltd. Auto Components 6,490   16,987
a Federal Bank Ltd. Banks 28,820   26,308

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a Future Retail Ltd. Multiline Retail 4,774 5,142
GAIL India Ltd. Gas Utilities 28,248 47,649
Gillette India Ltd. Personal Products 154 12,200
GlaxoSmithKline Pharmaceuticals Ltd. Pharmaceuticals 858 19,069
Glenmark Pharmaceuticals Ltd. Pharmaceuticals 2,860 19,317
a GMR Infrastructure Ltd. Transportation Infrastructure 35,596 12,910
Godrej Consumer Products Ltd. Personal Products 7,117 72,093
a Godrej Industries Ltd. Industrial Conglomerates 1,485 8,581
a Godrej Properties Ltd. Real Estate Management & Development 1,375 26,951
Grasim Industries Ltd. Construction Materials 6,886 87,442
Gujarat Gas Ltd. Gas Utilities 3,520 18,133
Havell's India Ltd. Electrical Equipment 4,697 58,893
HCL Technologies Ltd. IT Services 21,197 274,480
b,c HDFC Asset Management Co. Ltd., 144A, Reg S Capital Markets 1,056 42,172
a HDFC Life Insurance Co. Ltd. Insurance 12,617 116,815
Hero Motocorp Ltd. Automobiles 2,233 95,044
Hindalco Industries Ltd. Metals & Mining 22,528 74,166
Hindustan Petroleum Corp. Ltd. Oil, Gas & Consumable Fuels 13,255 39,529
Hindustan Unilever Ltd. Household Products 17,314 567,612
Hindustan Zinc Ltd. Metals & Mining 4,477 14,647
Housing Development Finance Corp. Ltd. Thrifts & Mortgage Finance 33,792 1,183,315
a ICICI Bank Ltd. Banks 30,305 221,914
a,b,c ICICI Lombard General Insurance Co. Ltd., 144A, Reg S Insurance 3,916 81,509
a,c ICICI Prudential Life Insurance Co. Ltd., Reg S Insurance 6,468 44,159
a IDFC First Bank Ltd. Banks 54,285 27,526
Indiabulls Housing Finance Ltd. Thrifts & Mortgage Finance 6,534 19,700
Indian Oil Corp. Ltd. Oil, Gas & Consumable Fuels 46,046 57,315
Indian Railway Catering and Tourism Corp. Ltd. Commercial Services & Supplies 1,023 20,130
Indraprastha Gas Ltd. Gas Utilities 6,831 46,964
Info Edge India Ltd. Interactive Media & Services 1,364 88,819
Infosys Ltd. IT Services 70,169 1,205,984
a,c InterGlobe Aviation Ltd., Reg S Airlines 1,881 44,363
IPCA Laboratories Ltd. Pharmaceuticals 1,100 32,951
ITC Ltd. Tobacco 57,651 164,903
a Jindal Steel & Power Ltd. Metals & Mining 7,722 28,159
  Independent Power and Renewable    
JSW Energy Ltd. Electricity Producers 7,667 7,114
JSW Steel Ltd. Metals & Mining 19,503 103,350
Jubilant Foodworks Ltd. Hotels, Restaurants & Leisure 1,408 53,785
Kansai Nerolac Paints Ltd. Chemicals 2,519 20,952
L&T Finance Holdings Ltd. Diversified Financial Services 11,803 15,136
c Larsen & Toubro Infotech Ltd., Reg S IT Services 715 35,810
Larsen & Toubro Ltd. Construction & Engineering 10,010 176,397
LIC Housing Finance Ltd. Thrifts & Mortgage Finance 5,368 26,540
Lupin Ltd. Pharmaceuticals 4,499 60,148
a Mahindra & Mahindra Financial Services Ltd. Consumer Finance 11,539 27,621
Mahindra & Mahindra Ltd. Automobiles 14,652 144,500
a Mangalore Refinery and Petrochemicals Ltd. Oil, Gas & Consumable Fuels 4,070 1,975
Marico Ltd. Personal Products 9,460 52,131
Maruti Suzuki India Ltd. Automobiles 2,475 259,113
Motherson Sumi Systems Ltd. Auto Components 21,065 47,626
Mphasis Ltd. IT Services 1,606 33,848
MRF Ltd. Auto Components 37 38,359
Muthoot Finance Ltd. Consumer Finance 1,881 31,164
Nestle India Ltd. Food Products 572 143,966
  Independent Power and Renewable    
NHPC Ltd. Electricity Producers 43,890 13,605
Nippon Life India Asset Management Ltd. Capital Markets 2,794 11,372
NMDC Ltd. Metals & Mining 16,302 25,535
  Independent Power and Renewable    
NTPC Ltd. Electricity Producers 67,386 91,625
a Oberoi Realty Ltd. Real Estate Management & Development 1,925 15,370
Oil & Natural Gas Corp. Ltd. Oil, Gas & Consumable Fuels 59,026 75,168
Oil India Ltd. Oil, Gas & Consumable Fuels 5,654 8,311

 

 

    FRANKLIN TEMPLETON ETF TRUST  
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)  
 
 
 
 
Oracle Financial Services Software Ltd. Software 440 19,345  
Page Industries Ltd. Textiles, Apparel & Luxury Goods 104 39,299  
Petronet LNG Ltd. Oil, Gas & Consumable Fuels 12,474 42,270  
PI Industries Ltd. Chemicals 1,287 38,663  
Pidilite Industries Ltd. Chemicals 2,673 64,592  
Piramal Enterprises Ltd. Diversified Financial Services 2,189 42,800  
Power Finance Corp. Ltd. Diversified Financial Services 17,556 27,463  
Power Grid Corp. of India Ltd. Electric Utilities 40,920 106,322  
a Punjab National Bank Ltd. Banks 19,327 8,742  
Rajesh Exports Ltd. Textiles, Apparel & Luxury Goods 2,640 17,724  
c RBL Bank Ltd., Reg S Banks 8,635 27,305  
REC Ltd. Diversified Financial Services 15,565 28,524  
Reliance Industries Ltd. Oil, Gas & Consumable Fuels 60,687 1,648,912  
SBI Cards & Payment Services Ltd. Consumer Finance 2,673 31,134  
a SBI Life Insurance Co. Ltd. Insurance 6,908 85,490  
Shree Cement Ltd. Construction Materials 220 72,302  
Shriram Transport Finance Co. Ltd. Consumer Finance 3,641 52,148  
Siemens Ltd. Industrial Conglomerates 1,672 36,053  
SRF Ltd. Chemicals 418 31,887  
a State Bank of India Banks 34,870 131,214  
a Steel Authority of India Ltd. Metals & Mining 19,129 19,399  
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 21,230 172,109  
Sun TV Network Ltd. Media 1,738 11,435  
Tata Communications Ltd. Diversified Telecommunication Services 1,320 19,885  
Tata Consultancy Services Ltd. IT Services 19,019 745,155  
Tata Consumer Products Ltd. Food Products 9,053 73,088  
a Tata Motors Ltd. Automobiles 27,280 68,641  
a Tata Motors Ltd., A Automobiles 7,458 7,676  
Tata Power Co. Ltd. Electric Utilities 30,701 31,786  
Tata Steel Ltd. Metals & Mining 9,977 87,887  
Tech Mahindra Ltd. IT Services 10,395 138,453  
Titan Co. Ltd. Textiles, Apparel & Luxury Goods 7,095 152,173  
Torrent Pharmaceuticals Ltd. Pharmaceuticals 880 33,755  
Torrent Power Ltd. Electric Utilities 3,245 14,096  
Trent Ltd. Multiline Retail 3,542 33,332  
TVS Motor Co. Ltd. Automobiles 3,069 20,371  
UltraTech Cement Ltd. Construction Materials 2,233 161,610  
a Union Bank of India Ltd. Banks 8,965 3,871  
United Breweries Ltd. Beverages 1,342 21,789  
a United Spirits Ltd. Beverages 5,632 44,571  
UPL Ltd. Chemicals 10,483 66,907  
Vedanta Ltd. Metals & Mining 31,317 69,177  
a Vodafone Idea Ltd. Wireless Telecommunication Services 156,761 22,849  
Voltas Ltd. Construction & Engineering 3,212 36,295  
Whirlpool of India Ltd. Household Durables 616 22,164  
Wipro Ltd. IT Services 25,674 135,718  
a Yes Bank Ltd. Banks 31,573 7,713  
Zee Entertainment Enterprises Ltd. Media 16,203 49,562  
Total Investments (Cost $11,125,136) 102.4%     14,717,223  
 
Other Assets, less Liabilities (2.4)%     (345,667 )
Net Assets 100.0%   $ 14,371,556  

 

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. At December 31, 2020, the aggregate value of these securities was $123,681, representing 0.9% 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. At December 31, 2020, the aggregate value of these securities was $275,318, representing 1.9% of net assets.

Abbreviations

 

FRANKLIN TEMPLETON ETF TRUST

STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)

Selected Portfolio

REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Italy ETF Industry Shares   Value
Common Stocks 99.9%        
Italy 89.8%        
A2A SpA Multi-Utilities 16,122 $ 25,733
a Amplifon SpA Health Care Providers & Services 1,272   52,978
Assicurazioni Generali SpA Insurance 11,997   209,322
a Atlantia SpA Transportation Infrastructure 5,148   92,687
Banca Mediolanum SpA Diversified Financial Services 2,688   23,351
Buzzi Unicem SpA Construction Materials 747   17,823
Buzzi Unicem SpA, di Risp Construction Materials 417   6,694
Davide Campari-Milano NV Beverages 5,232   59,791
DiaSorin SpA Health Care Equipment & Supplies 234   48,701
Enel SpA Electric Utilities 71,610   725,130
Eni SpA Oil, Gas & Consumable Fuels 23,322   243,923
Ferrari NV Automobiles 1,146   264,523
a FinecoBank Banca Fineco SpA Banks 6,375   104,522
Hera SpA Multi-Utilities 7,326   26,712
b Infrastrutture Wireless Italiane SpA, Reg S Diversified Telecommunication Services 3,384   41,115
a Intesa Sanpaolo SpA Banks 144,888   339,061
Italgas Reti SpA Gas Utilities 5,121   32,582
Leonardo SpA Aerospace & Defense 4,125   29,829
a Mediobanca Banca di Credito Finanziario SpA Banks 7,104   65,538
a Moncler SpA Textiles, Apparel & Luxury Goods 1,896   116,317
a Nexi SpA IT Services 4,566   91,287
a Pirelli & C SpA Auto Components 4,767   25,856
b Poste Italiane SpA, Reg S Insurance 4,767   48,528
Prysmian SpA Electrical Equipment 2,502   89,023
Recordati Industria Chimica e Farmaceutica SpA Pharmaceuticals 1,011   56,074
Snam SpA Gas Utilities 20,898   117,646
Telecom Italia SpA/Milano Diversified Telecommunication Services 111,354   51,420
Telecom Italia SpA/Milano, di Risp Diversified Telecommunication Services 63,111   32,726
Tenaris SA Energy Equipment & Services 4,890   39,632
Terna Rete Elettrica Nazionale SpA Electric Utilities 14,172   108,376
a UniCredit SpA Banks 17,181   160,775
UnipolSai Assicurazioni SpA Insurance 5,187   13,772
        3,361,447
Netherlands 2.4%        
EXOR NV Diversified Financial Services 1,089   88,235
United Kingdom 7.7%        
a CNH Industrial NV Machinery 9,843   124,348
a Fiat Chrysler Automobiles NV Automobiles 9,129   163,749
        288,097
Total Investments (Cost $3,358,106) 99.9%       3,737,779
 
Other Assets, less Liabilities 0.1%       3,464
Net Assets 100.0%     $ 3,741,243

 

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. At December 31, 2020, the aggregate value of these securities was $89,643, representing 2.4% of net assets.

 

FRANKLIN TEMPLETON ETF TRUST          
 
Statement of Investments, December 31, 2020 (unaudited)        
 
 
Franklin FTSE Japan ETF Industry Shares     Value
Common Stocks 99.7%          
Japan 99.7%          
ABC-Mart Inc. Specialty Retail   3,400 $ 189,026
Acom Co. Ltd. Consumer Finance   51,000   217,841
  Equity Real Estate Investment Trusts        
Activia Properties Inc. (REITs)   34   143,416
  Equity Real Estate Investment Trusts        
Advance Residence Investment (REITs)   102   305,768
  Semiconductors & Semiconductor        
Advantest Corp. Equipment   27,200   2,036,476
AEON Co. Ltd. Food & Staples Retailing   95,200   3,121,236
AEON Financial Service Co. Ltd. Consumer Finance   17,000   203,516
AEON Mall Co. Ltd. Real Estate Management & Development   17,000   280,246
AGC Inc. Building Products   23,800   829,871
Aica Kogyo Co. Ltd. Building Products   6,800   234,801
AIN Holdings Inc. Food & Staples Retailing   3,400   209,773
Air Water Inc. Chemicals   23,800   422,773
Aisin Seiki Co. Ltd. Auto Components   23,800   713,458
Ajinomoto Co. Inc. Food Products   68,000   1,539,542
Alfresa Holdings Corp. Health Care Providers & Services   23,800   435,452
  Electronic Equipment, Instruments &        
Alps Alpine Co. Ltd. Components   27,200   357,766
Amada Co. Ltd. Machinery   44,200   485,046
  Electronic Equipment, Instruments &        
Amano Corp. Components   10,200   243,824
a ANA Holdings Inc. Airlines   20,400   449,908
  Electronic Equipment, Instruments &        
Anritsu Corp. Components   20,400   455,243
Aozora Bank Ltd. Banks   17,000   313,342
Ariake Japan Co. Ltd. Food Products   3,400   244,351
As One Corp. Health Care Providers & Services   1,700   290,619
Asahi Group Holdings Ltd. Beverages   57,800   2,375,933
Asahi Intecc Co. Ltd. Health Care Equipment & Supplies   27,200   991,893
Asahi Kasei Corp. Chemicals   170,000   1,736,307
Asics Corp. Textiles, Apparel & Luxury Goods   23,800   456,429
ASKUL Corp. Internet & Direct Marketing Retail   3,400   126,786
Astellas Pharma Inc. Pharmaceuticals   255,000   3,936,946
  Electronic Equipment, Instruments &        
Azbil Corp. Components   17,000   928,665
Bandai Namco Holdings Inc. Leisure Products   26,860   2,322,169
Benefit One Inc. Professional Services   6,800   200,881
Benesse Holdings Inc. Diversified Consumer Services   10,200   198,873
BIC CAMERA Inc. Specialty Retail   20,400   226,239
Bridgestone Corp. Auto Components   79,560   2,607,691
  Technology Hardware, Storage &        
Brother Industries Ltd. Peripherals   34,000   700,121
Calbee Inc. Food Products   10,200   307,250
  Technology Hardware, Storage &        
CANON Inc. Peripherals   136,000   2,605,531
  Electronic Equipment, Instruments &        
Canon Marketing Japan Inc. Components   6,800   155,041
Capcom Co. Ltd. Entertainment   13,600   882,561
Casio Computer Co. Ltd. Household Durables   30,600   558,977
Central Japan Railway Co. Road & Rail   24,880   3,515,901
Chubu Electric Power Co. Inc. Electric Utilities   95,200   1,146,144
Chugai Pharmaceutical Co. Ltd. Pharmaceuticals   88,740   4,729,878
Chuo Mitsui Trust Holdings Inc. Banks   51,000   1,569,345
Coca-Cola Bottlers Japan Holdings Inc. Beverages   17,000   264,933
COMSYS Holdings Corp. Construction & Engineering   17,000   527,725
Concordia Financial Group Ltd. Banks   149,600   525,980
Cosmo Energy Holdings Co. Ltd. Oil, Gas & Consumable Fuels   10,200   181,485

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Cosmos Pharmaceutical Corp. Food & Staples Retailing 2,380 384,507
Credit Saison Co. Ltd. Consumer Finance 20,400 234,340
CyberAgent Inc. Media 13,600 936,568
Dai Nippon Printing Co. Ltd. Commercial Services & Supplies 37,400 671,965
Daicel Corp. Chemicals 34,000 247,973
Daido Steel Co. Ltd. Metals & Mining 6,800 283,539
Daifuku Co. Ltd. Machinery 13,600 1,680,817
Daiichi Sankyo Co. Ltd. Pharmaceuticals 261,800 8,963,756
Daiichikosho Co. Ltd. Entertainment 6,800 234,801
Daikin Industries Ltd. Building Products 36,630 8,131,722
Daito Trust Construction Co. Ltd. Real Estate Management & Development 8,976 838,090
Daiwa House Industry Co. Ltd. Real Estate Management & Development 88,400 2,623,445
  Equity Real Estate Investment Trusts    
Daiwa House Residential Investment Corp. (REITs) 136 336,164
  Equity Real Estate Investment Trusts    
Daiwa Office Investment Corp. (REITs) 10 63,538
Daiwa Securities Group Inc. Capital Markets 204,000 928,665
DeNA Co. Ltd. Entertainment 13,600 242,243
Denka Co. Ltd. Chemicals 10,200 398,140
Denso Corp. Auto Components 61,200 3,636,019
Dentsu Group Inc. Media 30,600 908,412
DIC Corp. Chemicals 10,200 257,260
  Semiconductors & Semiconductor    
Disco Corp. Equipment 3,808 1,281,689
DMG Mori Co. Ltd. Machinery 13,600 206,677
Dowa Holdings Co. Ltd. Metals & Mining 6,800 245,997
East Japan Railway Co. Road & Rail 49,400 3,294,290
EBARA Corp. Machinery 13,600 443,915
Eisai Co. Ltd. Pharmaceuticals 36,040 2,573,363
  Technology Hardware, Storage &    
Elecom Co. Ltd. Peripherals 3,400 175,524
  Independent Power and Renewable    
Electric Power Development Co. Ltd. Electricity Producers 23,800 327,568
ENEOS Holdings Inc. Oil, Gas & Consumable Fuels 411,400 1,475,932
Ezaki Glico Co. Ltd. Food Products 6,800 298,688
Fancl Corp. Personal Products 10,200 406,538
FANUC Corp. Machinery 26,520 6,514,090
Fast Retailing Co. Ltd. Specialty Retail 7,038 6,303,490
FP Corp. Containers & Packaging 6,800 285,515
Fuji Electric Co. Ltd. Electrical Equipment 17,000 611,700
Fuji Media Holdings Inc. Media 6,800 72,449
Fuji Oil Holdings Inc. Food Products 6,800 194,098
Fuji Seal International Inc. Containers & Packaging 6,800 132,713
  Technology Hardware, Storage &    
FUJIFILM Holdings Corp. Peripherals 47,600 2,507,132
Fujitsu General Ltd. Household Durables 6,800 184,086
Fujitsu Ltd. IT Services 25,840 3,730,401
Fukuoka Financial Group Inc. Banks 23,800 422,543
Fukuyama Transporting Co. Ltd. Road & Rail 3,400 143,087
Furukawa Electric Co. Ltd. Electrical Equipment 6,800 183,230
Fuyo General Lease Co. Ltd. Diversified Financial Services 3,400 224,592
Glory Ltd. Machinery 6,800 137,060
  Equity Real Estate Investment Trusts    
GLP J-REIT (REITs) 272 428,371
GMO Internet Inc. IT Services 6,800 195,020
GMO Payment Gateway Inc. IT Services 5,440 729,232
Goldwin Inc. Textiles, Apparel & Luxury Goods 4,760 313,968
GS Yuasa Corp. Electrical Equipment 10,200 292,826
a GungHo Online Entertainment Inc. Entertainment 3,400 76,006
Gunma Bank Ltd. Banks 54,400 167,555
Hachijuni Bank Ltd. Banks 61,200 203,318
Hakuhodo DY Holdings Inc. Media 34,000 465,979
  Electronic Equipment, Instruments &    
Hamamatsu Photonics K.K. Components 17,000 971,476

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Hankyu Hanshin Holdings Inc. Road & Rail 30,600 1,016,592
Haseko Corp. Household Durables 37,400 428,536
Heiwa Corp. Leisure Products 6,800 93,723
Hikari Tsushin Inc. Specialty Retail 3,060 716,653
Hino Motors Ltd. Machinery 37,400 318,413
Hirogin Holdings Inc. Banks 40,800 229,202
  Electronic Equipment, Instruments &    
Hirose Electric Co. Ltd. Components 4,420 669,989
Hisamitsu Pharmaceutical Co. Inc. Pharmaceuticals 10,200 605,608
Hitachi Capital Corp. Consumer Finance 6,800 164,064
Hitachi Construction Machinery Co. Ltd. Machinery 13,600 385,956
  Electronic Equipment, Instruments &    
Hitachi Ltd. Components 127,160 5,006,590
Hitachi Metals Ltd. Metals & Mining 27,200 412,564
Hitachi Transport System Ltd. Road & Rail 3,400 101,099
Hokugin Financial Group Inc. Banks 17,000 161,199
Hokuriku Electric Power Co. Electric Utilities 23,800 154,909
Honda Motor Co. Ltd. Automobiles 234,600 6,538,443
  Electronic Equipment, Instruments &    
HORIBA Ltd. Components 6,800 398,470
Hoshizaki Corp. Machinery 6,800 623,720
House Foods Group Inc. Food Products 10,200 387,273
Hoya Corp. Health Care Equipment & Supplies 49,820 6,885,868
  Electronic Equipment, Instruments &    
Ibiden Co. Ltd. Components 13,600 634,258
Ichigo Inc. Real Estate Management & Development 27,200 81,670
Idemitsu Kosan Co. Ltd. Oil, Gas & Consumable Fuels 30,600 672,788
IHI Corp. Machinery 17,000 337,053
Iida Group Holdings Co. Ltd. Household Durables 20,400 411,774
  Equity Real Estate Investment Trusts    
Industrial & Infrastructure Fund Investment Corp. (REITs) 136 250,937
INPEX Corp. Oil, Gas & Consumable Fuels 125,800 677,464
Isetan Mitsukoshi Holdings Ltd. Multiline Retail 47,600 281,234
Isuzu Motors Ltd. Automobiles 71,400 677,728
Ito En Ltd. Beverages 6,800 430,084
ITOCHU Corp. Trading Companies & Distributors 187,000 5,368,473
ITOCHU Techno-Solutions Corp. IT Services 13,600 485,409
Itoham Yonekyu Holdings Inc. Food Products 17,000 110,814
Izumi Co. Ltd. Multiline Retail 6,800 245,997
J Front Retailing Co. Ltd. Multiline Retail 34,000 268,391
a Japan Airlines Co. Ltd. Airlines 19,380 374,479
Japan Airport Terminal Co. Ltd. Transportation Infrastructure 6,800 411,642
  Electronic Equipment, Instruments &    
Japan Aviatn Elect Components 6,800 103,997
Japan Exchange Group Inc. Capital Markets 74,800 1,911,205
  Equity Real Estate Investment Trusts    
Japan Logistics Fund Inc. (REITs) 68 200,552
Japan Post Bank Co. Ltd. Banks 54,400 446,286
Japan Post Holdings Co. Ltd. Insurance 183,600 1,427,615
Japan Post Insurance Co. Ltd. Insurance 23,800 486,857
  Equity Real Estate Investment Trusts    
Japan Prime Realty Investment Corp. (REITs) 68 225,251
  Equity Real Estate Investment Trusts    
Japan Real Estate Investment Corp. (REITs) 102 588,813
  Equity Real Estate Investment Trusts    
Japan Retail Fund Investment Corp. (REITs) 170 308,896
Japan Tobacco Inc. Tobacco 163,200 3,322,644
JCR Pharmaceuticals Co. Ltd. Pharmaceuticals 6,800 160,508
a JFE Holdings Inc. Metals & Mining 71,400 683,260
JGC Holdings Corp. Construction & Engineering 30,600 285,713
JSR Corp. Chemicals 23,800 662,513
JTEKT Corp. Auto Components 30,600 237,402
Justsystems Corp. Software 3,400 236,118
K's Holdings Corp. Specialty Retail 23,800 331,026

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Kagome Co. Ltd. Food Products 10,200 359,611
Kajima Corp. Construction & Engineering 61,200 819,201
Kakaku.com Inc. Interactive Media & Services 17,000 465,979
Kaken Pharmaceutical Co. Ltd. Pharmaceuticals 3,400 131,232
Kamigumi Co. Ltd. Transportation Infrastructure 13,600 248,039
Kandenko Co. Ltd. Construction & Engineering 13,600 114,996
Kaneka Corp. Chemicals 6,800 237,765
Kansai Electric Power Co. Inc. Electric Utilities 98,600 929,893
Kansai Mirai Financial Group Inc Banks 17,000 82,164
Kansai Paint Co. Ltd. Chemicals 27,200 836,457
KAO Corp. Personal Products 64,600 4,986,798
a Kawasaki Heavy Industries Ltd. Machinery 20,400 459,195
KDDI Corp. Wireless Telecommunication Services 233,400 6,931,129
Keihan Holdings Co. Ltd. Industrial Conglomerates 13,600 651,383
Keikyu Corp. Road & Rail 34,000 582,556
Keio Corp. Road & Rail 17,000 1,317,255
Keisei Electric Railway Co. Ltd. Road & Rail 20,400 689,583
  Equity Real Estate Investment Trusts    
Kenedix Office Investment Corp. (REITs) 15 101,700
Kewpie Corp. Food Products 13,600 299,017
  Electronic Equipment, Instruments &    
Keyence Corp. Components 24,786 13,924,045
Kikkoman Corp. Food Products 23,800 1,652,826
Kinden Corp. Construction & Engineering 17,000 276,459
Kintetsu Group Holdings Co. Ltd. Road & Rail 23,800 1,041,949
Kirin Holdings Co. Ltd. Beverages 105,400 2,484,804
Kissei Pharmaceutical Co. Ltd. Pharmaceuticals 3,400 73,667
Kobayashi Pharmaceutical Co. Ltd. Personal Products 8,160 996,635
Kobe Bussan Co. Ltd. Food & Staples Retailing 6,800 209,444
a Kobe Steel Ltd. Metals & Mining 40,800 217,742
Koei Tecmo Holdings Co. Ltd. Entertainment 6,800 414,935
Koito Manufacturing Co. Ltd. Auto Components 15,640 1,063,420
Kokuyo Co. Ltd. Commercial Services & Supplies 10,200 138,015
Komatsu Ltd. Machinery 125,800 3,433,014
Konami Holdings Corp. Entertainment 13,600 764,008
  Technology Hardware, Storage &    
Konica Minolta Inc. Peripherals 61,200 233,549
KOSE Corp. Personal Products 4,000 681,873
Kotobuki Spirits Co. Ltd. Food Products 3,400 176,512
Kubota Corp. Machinery 149,600 3,261,655
Kuraray Co. Ltd. Chemicals 47,600 505,760
Kurita Water Industries Ltd. Machinery 13,600 519,657
Kusuri No Aoki Holdings Co. Ltd. Food & Staples Retailing 2,040 177,632
  Electronic Equipment, Instruments &    
Kyocera Corp. Components 42,400 2,597,921
Kyoritsu Maintenance Co. Ltd. Hotels, Restaurants & Leisure 3,400 126,456
Kyowa Exeo Corp. Construction & Engineering 13,600 383,321
Kyowa Kirin Co. Ltd. Pharmaceuticals 34,000 926,689
Kyudenko Corp. Construction & Engineering 6,800 219,323
Kyushu Electric Power Co. Inc. Electric Utilities 64,600 555,618
Kyushu Financial Group Inc. Banks 51,000 208,950
Kyushu Railway Co. Road & Rail 20,400 439,634
  Equity Real Estate Investment Trusts    
LaSalle Logiport REIT (REITs) 102 164,393
  Semiconductors & Semiconductor    
Lasertec Corp. Equipment 10,200 1,196,397
Lawson Inc. Food & Staples Retailing 6,800 316,471
LINTEC Corp. Chemicals 6,800 150,035
Lion Corp. Household Products 34,000 822,626
LIXIL Group Corp. Building Products 37,400 809,256
M3 Inc. Health Care Technology 57,800 5,454,457
Mabuchi Motor Co. Ltd. Electrical Equipment 6,800 296,053
Maeda Corp. Construction & Engineering 17,000 150,990
Maeda Road Construction Co. Ltd. Construction & Engineering 3,400 56,971

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Makita Corp. Machinery 34,000 1,702,552
Mani Inc. Health Care Equipment & Supplies 6,800 184,943
Marubeni Corp. Trading Companies & Distributors 214,200 1,423,436
Marui Group Co. Ltd. Multiline Retail 27,200 477,373
Maruichi Steel Tube Ltd. Metals & Mining 6,800 150,431
Matsui Securities Co. Ltd. Capital Markets 13,600 106,698
Matsumotokiyoshi Holdings Co. Ltd. Food & Staples Retailing 10,200 434,694
Mazda Motor Corp. Automobiles 78,200 524,136
Mebuki Financial Group Inc. Banks 136,000 267,403
Medipal Holdings Corp. Health Care Providers & Services 20,400 382,926
Megmilk Snow Brand Co. Ltd. Food Products 6,800 145,359
Meiji Holdings Co. Ltd. Food Products 17,000 1,195,409
Minebea Mitsumi Inc. Machinery 54,400 1,079,095
Miraca Holdings Inc. Health Care Providers & Services 6,800 183,033
MISUMI Group Inc. Machinery 37,400 1,226,200
Mitsubishi Chemical Holdings Corp. Chemicals 176,800 1,068,900
Mitsubishi Corp. Trading Companies & Distributors 163,200 4,016,574
Mitsubishi Electric Corp. Electrical Equipment 272,000 4,101,932
Mitsubishi Estate Co. Ltd. Real Estate Management & Development 156,400 2,510,095
Mitsubishi Gas Chemical Co. Inc. Chemicals 23,800 546,101
Mitsubishi Heavy Industries Ltd. Machinery 40,800 1,247,177
Mitsubishi Logistics Corp. Transportation Infrastructure 10,200 305,274
Mitsubishi Materials Corp. Metals & Mining 17,000 357,305
a Mitsubishi Motors Corp. Automobiles 85,000 178,653
Mitsubishi Shokuhin Co. Ltd. Food & Staples Retailing 3,400 94,250
Mitsubishi UFJ Financial Group Inc. Banks 1,713,600 7,570,081
Mitsubishi UFJ Lease & Finance Co. Ltd. Diversified Financial Services 61,200 293,419
Mitsui & Co. Ltd. Trading Companies & Distributors 224,400 4,106,773
Mitsui Chemicals Inc. Chemicals 23,800 697,322
Mitsui Fudosan Co. Ltd. Real Estate Management & Development 125,800 2,630,048
Mitsui Mining and Smelting Co. Ltd. Metals & Mining 6,800 249,291
Mitsui O.S.K. Lines Ltd. Marine 13,600 414,935
Miura Co. Ltd. Machinery 13,600 758,739
Mizuho Financial Group Inc. Banks 350,200 4,434,951
Mochida Pharmaceutical Co. Ltd. Pharmaceuticals 3,400 129,256
Monotaro Co. Ltd. Trading Companies & Distributors 15,980 812,582
  Equity Real Estate Investment Trusts    
Mori Hills REIT Investment Corp. (REITs) 102 140,584
Morinaga & Co. Ltd. Food Products 6,800 255,547
Morinaga Milk Industry Co. Ltd. Food Products 6,800 334,583
MS&AD Insurance Group Holdings Inc. Insurance 65,960 2,006,687
  Electronic Equipment, Instruments &    
Murata Manufacturing Co. Ltd. Components 78,200 7,059,170
Nabtesco Corp. Machinery 17,000 744,249
Nagase & Co. Ltd. Trading Companies & Distributors 17,000 247,973
Nagoya Railroad Co. Ltd. Road & Rail 27,200 717,114
Nankai Electric Railway Co. Ltd. Road & Rail 13,600 344,857
NEC Corp. IT Services 37,400 2,006,838
NEC System Integration & Construction Ltd. IT Services 6,800 117,499
Net One Systems Co. Ltd. IT Services 10,200 359,611
Nexon Co. Ltd. Entertainment 56,100 1,727,909
NGK Insulators Ltd. Machinery 34,000 524,268
NGK Spark Plug Co. Ltd. Auto Components 27,200 464,464
NH Foods Ltd. Food Products 13,600 598,034
NHK Spring Co. Ltd. Auto Components 20,400 139,893
Nichirei Corp. Food Products 13,600 381,872
Nidec Corp. Electrical Equipment 63,920 8,036,046
Nifco Inc. Auto Components 10,200 399,622
Nihon Kohden Corp. Health Care Equipment & Supplies 10,200 379,369
Nihon M&A Center Inc. Professional Services 18,020 1,204,300
Nihon Unisys Ltd. IT Services 6,800 266,086
Nikon Corp. Household Durables 44,200 278,698
Nintendo Co. Ltd. Entertainment 14,654 9,343,531
Nippo Corp. Construction & Engineering 6,800 186,062

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
  Equity Real Estate Investment Trusts    
Nippon Accommodations Fund Inc. (REITs) 15 84,266
  Equity Real Estate Investment Trusts    
Nippon Building Fund Inc. (REITs) 118 683,462
  Electronic Equipment, Instruments &    
Nippon Electric Glass Co. Ltd. Components 10,200 222,880
Nippon Express Co. Ltd. Road & Rail 10,200 684,643
Nippon Kayaku Co. Ltd. Chemicals 23,800 220,377
Nippon Paint Holdings Co. Ltd. Chemicals 21,080 2,313,298
Nippon Paper Industries Co. Ltd. Paper & Forest Products 13,600 157,280
  Equity Real Estate Investment Trusts    
Nippon Prologis REIT Inc. (REITs) 136 424,156
Nippon Sanso Holdings Corp. Chemicals 20,400 378,579
Nippon Shinyaku Co. Ltd. Pharmaceuticals 6,800 445,891
Nippon Shobukai Co. Ltd. Chemicals 3,400 190,343
a Nippon Steel Corp. Metals & Mining 112,200 1,443,185
Nippon Telegraph & Telephone Corp. Diversified Telecommunication Services 170,000 4,355,998
Nippon Television Holdings Inc. Media 3,400 37,015
Nippon Yusen KK Marine 20,400 474,607
Nipro Corp. Health Care Equipment & Supplies 17,000 199,893
Nishi-Nippon Railroad Co. Ltd. Road & Rail 10,200 300,828
Nissan Chemical Corp. Chemicals 17,000 1,063,683
a Nissan Motor Co. Ltd. Automobiles 265,200 1,438,443
Nissan Shatai Co. Ltd. Automobiles 10,200 84,568
Nisshin Seifun Group Inc. Food Products 37,400 594,444
Nisshinbo Holdings Inc. Industrial Conglomerates 20,400 148,586
Nissin Foods Holdings Co. Ltd. Food Products 10,200 873,340
Nitori Holdings Co. Ltd. Specialty Retail 10,200 2,135,929
Nitto Denko Corp. Chemicals 20,400 1,823,740
Noevir Holdings Co. Ltd. Personal Products 3,400 150,496
NOF Corp. Chemicals 10,200 516,693
NOK Corp. Auto Components 17,000 182,604
Nomura Holdings Inc. Capital Markets 411,400 2,171,660
Nomura Real Estate Holdings Inc. Real Estate Management & Development 17,000 375,912
  Equity Real Estate Investment Trusts    
Nomura Real Estate Master Fund Inc. (REITs) 306 437,460
Nomura Research Institute Ltd. IT Services 35,700 1,277,655
NS Solutions Corp. IT Services 3,400 100,111
NSK Ltd. Machinery 61,200 531,117
NTT Data Corp. IT Services 85,000 1,161,654
Obayashi Corp. Construction & Engineering 91,800 791,341
OBIC Business Consultants Co. Ltd. Software 3,400 234,801
OBIC Co. Ltd. IT Services 9,180 1,843,202
Odakyu Electric Railway Co. Ltd. Road & Rail 40,800 1,280,372
Oji Holdings Corp. Paper & Forest Products 122,400 695,906
Okuma Corp. Machinery 3,400 190,014
Olympus Corp. Health Care Equipment & Supplies 146,200 3,195,315
  Electronic Equipment, Instruments &    
Omron Corp. Components 25,880 2,306,126
Ono Pharmaceutical Co. Ltd. Pharmaceuticals 57,800 1,739,962
Open House Co. Ltd. Real Estate Management & Development 10,200 374,430
Oracle Corp. Japan Software 4,590 597,951
Orient Corp. Consumer Finance 74,800 84,041
Oriental Land Co. Ltd. Hotels, Restaurants & Leisure 25,680 4,238,338
ORIX Corp. Diversified Financial Services 170,000 2,608,988
  Equity Real Estate Investment Trusts    
ORIX JREIT Inc. (REITs) 170 280,740
Osaka Gas Co. Ltd. Gas Utilities 54,400 1,112,817
OSG Corp. Machinery 10,200 194,723
Otsuka Corp. IT Services 13,600 717,904
Otsuka Holdings Co. Ltd. Pharmaceuticals 57,800 2,473,344
Paltac Corp. Distributors 3,400 184,745
Pan Pacific International Holdings Corp. Multiline Retail 71,400 1,651,443
Panasonic Corp. Household Durables 292,400 3,371,613

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
a Park24 Co. Ltd. Commercial Services & Supplies 13,600 235,920
Penta-Ocean Construction Co. Ltd. Construction & Engineering 37,400 321,311
a PeptiDream Inc. Biotechnology 11,900 603,961
Persol Holdings Co. Ltd. Professional Services 23,800 428,997
Pigeon Corp. Household Products 13,600 560,492
Pilot Corp. Commercial Services & Supplies 3,400 95,369
Pola Orbis Holdings Inc. Personal Products 10,200 206,875
a Rakuten Inc. Internet & Direct Marketing Retail 108,800 1,047,481
Recruit Holdings Co. Ltd. Professional Services 183,600 7,684,010
Relo Group Inc. Real Estate Management & Development 13,600 329,050
  Semiconductors & Semiconductor    
a Renesas Electronics Corp. Equipment 98,600 1,030,456
Rengo Co. Ltd. Containers & Packaging 27,200 227,622
Resona Holdings Inc. Banks 295,800 1,032,557
Resorttrust Inc. Hotels, Restaurants & Leisure 10,200 145,623
  Technology Hardware, Storage &    
Ricoh Co. Ltd. Peripherals 91,800 601,953
Rinnai Corp. Household Durables 5,100 591,777
  Semiconductors & Semiconductor    
Rohm Co. Ltd. Equipment 11,220 1,085,649
Rohto Pharmaceutical Co. Ltd. Personal Products 13,600 402,421
Ryohin Keikaku Co. Ltd. Multiline Retail 30,600 623,885
Sankyo Co. Ltd. Leisure Products 6,800 183,757
Sankyu Inc. Road & Rail 6,800 256,535
Sanrio Co. Ltd. Specialty Retail 6,800 92,866
Santen Pharmaceutical Co. Ltd. Pharmaceuticals 47,600 772,241
Sanwa Holdings Corp. Building Products 27,200 316,668
Sapporo Holdings Ltd. Beverages 10,200 196,699
Sawai Pharmaceutical Co. Ltd. Pharmaceuticals 6,800 308,238
SBI Holdings Inc. Capital Markets 34,000 805,831
  Semiconductors & Semiconductor    
SCREEN Holdings Co. Ltd. Equipment 6,800 500,557
SCSK Corp. IT Services 6,800 388,590
Secom Co. Ltd. Commercial Services & Supplies 27,200 2,507,263
Sega Sammy Holdings Inc. Leisure Products 27,200 428,635
Seibu Holdings Inc. Road & Rail 27,200 266,349
  Technology Hardware, Storage &    
Seiko Epson Corp. Peripherals 37,400 554,597
Seino Holdings Co. Ltd. Road & Rail 17,000 239,576
Sekisui Chemical Co. Ltd. Household Durables 47,600 900,871
Sekisui House Ltd. Household Durables 78,200 1,590,586
  Equity Real Estate Investment Trusts    
Sekisui House Reit Inc. (REITs) 272 197,588
Seven & i Holdings Co. Ltd. Food & Staples Retailing 105,400 3,735,373
Seven Bank Ltd. Banks 88,400 186,655
SG Holdings Co. Ltd. Air Freight & Logistics 58,140 1,583,512
Sharp Corp. Household Durables 20,400 309,028
Shikoku Electric Power Co. Inc. Electric Utilities 20,400 132,779
  Electronic Equipment, Instruments &    
Shimadzu Corp. Components 37,400 1,452,603
Shimamura Co. Ltd. Specialty Retail 3,400 356,976
SHIMANO Inc. Leisure Products 10,828 2,525,957
Shimizu Corp. Construction & Engineering 74,800 543,368
Shin-Etsu Chemical Co. Ltd. Chemicals 54,680 9,554,237
Shinsei Bank Ltd. Banks 23,800 292,990
Shionogi & Co. Ltd. Pharmaceuticals 38,420 2,096,922
Ship Healthcare Holdings Inc. Health Care Providers & Services 6,800 378,052
Shiseido Co. Ltd. Personal Products 52,900 3,656,297
SHO-BOND Holdings Co. Ltd. Construction & Engineering 6,800 329,972
Shochiku Co. Ltd. Entertainment 1,190 162,977
Shoei Co. Ltd. Real Estate Management & Development 51,000 559,669
Showa Denko K.K. Chemicals 20,400 434,101
Sky Perfect JSAT Holdings Inc. Media 17,000 83,646
a Skylark Holdings Co. Ltd. Hotels, Restaurants & Leisure 27,200 420,731

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
SMC Corp. Machinery 7,888 4,809,430
SMS Co. Ltd. Professional Services 6,800 260,158
Softbank Corp. Wireless Telecommunication Services 377,400 4,726,410
SoftBank Group Corp. Wireless Telecommunication Services 200,600 15,656,301
Sohgo Security Services Co. Ltd. Commercial Services & Supplies 10,200 528,549
Sojitz Corp. Trading Companies & Distributors 163,200 363,562
Sompo Holdings Inc. Insurance 44,200 1,786,494
Sony Corp. Household Durables 170,000 16,934,961
Sotetsu Holdings Inc. Road & Rail 10,200 244,417
Square Enix Holdings Co. Ltd. Entertainment 10,200 618,451
Stanley Electric Co. Ltd. Auto Components 20,400 656,981
Subaru Corp. Automobiles 85,000 1,698,024
Sugi Pharmacy Co. Ltd. Food & Staples Retailing 3,400 227,227
  Semiconductors & Semiconductor    
Sumco Corp. Equipment 30,600 670,713
Sumitomo Bakelite Co. Ltd. Chemicals 3,400 116,906
Sumitomo Chemical Co. Ltd. Chemicals 207,400 833,658
Sumitomo Corp. Trading Companies & Distributors 153,000 2,023,551
Sumitomo Dainippon Pharma Co. Ltd. Pharmaceuticals 20,400 300,927
Sumitomo Electric Industries Ltd. Auto Components 102,000 1,350,022
Sumitomo Forestry Co. Ltd. Household Durables 17,000 354,671
Sumitomo Heavy Industries Ltd. Machinery 17,000 419,216
Sumitomo Metal Mining Co. Ltd. Metals & Mining 34,000 1,507,928
Sumitomo Mitsui Financial Group Inc. Banks 176,800 5,459,232
Sumitomo Osaka Cement Co. Ltd. Construction Materials 3,400 99,288
Sumitomo Realty & Development Co. Ltd. Real Estate Management & Development 54,400 1,676,075
Sumitomo Rubber Industries Ltd. Auto Components 23,800 204,471
Sundrug Co. Ltd. Food & Staples Retailing 9,180 366,329
Suntory Beverage & Food Ltd. Beverages 17,000 600,998
Sushiro Global Holdings Ltd Hotels, Restaurants & Leisure 13,600 520,316
Suzuken Co. Ltd. Health Care Providers & Services 10,200 368,502
Suzuki Motor Corp. Automobiles 61,200 2,834,601
Sysmex Corp. Health Care Equipment & Supplies 25,840 3,103,453
T&D Holdings Inc. Insurance 74,800 881,705
Taiheiyo Cement Corp. Construction Materials 17,000 424,650
Taisei Corp. Construction & Engineering 27,200 936,568
Taisho Pharmaceutical Holdings Co. Ltd. Pharmaceuticals 6,800 457,746
  Electronic Equipment, Instruments &    
Taiyo Yuden Co. Ltd. Components 17,000 796,116
Takara Bio Inc. Biotechnology 6,800 182,308
Takara Holdings Inc. Beverages 23,800 297,140
Takashimaya Co. Ltd. Multiline Retail 20,400 174,866
Takeda Pharmaceutical Co. Ltd. Pharmaceuticals 210,800 7,666,754
TBS Holdings Inc. Media 3,400 59,672
  Electronic Equipment, Instruments &    
TDK Corp. Components 17,000 2,558,768
TechnoPro Holdings Inc. Professional Services 4,800 397,501
Teijin Ltd. Chemicals 23,800 447,208
Terumo Corp. Health Care Equipment & Supplies 88,400 3,692,003
The 77 Bank Ltd. Banks 10,200 138,707
The Bank of Kyoto Ltd. Banks 10,200 530,524
The Chiba Bank Ltd. Banks 85,000 467,626
The Chugoku Bank Ltd. Banks 23,800 190,640
The Chugoku Electric Power Co. Inc. Electric Utilities 40,800 477,768
The Dai-ichi Life Holdings Inc. Insurance 146,200 2,197,708
The Iyo Bank Ltd. Banks 37,400 234,373
The Shiga Bank Ltd. Banks 6,800 138,970
The Shizuoka Bank Ltd. Banks 68,000 497,922
THK Co. Ltd. Machinery 17,000 548,307
TIS Inc. IT Services 34,000 696,169
Tobu Railway Co. Ltd. Road & Rail 27,200 810,112
Toda Corp. Construction & Engineering 30,600 202,429
Toho Co. Ltd. Entertainment 13,600 573,006
Toho Gas Co. Ltd. Gas Utilities 13,600 899,685

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Tohoku Electric Power Co. Inc. Electric Utilities 64,600 531,842
Tokai Carbon Co. Ltd. Chemicals 27,200 339,852
Tokai Rika Co. Ltd. Auto Components 6,800 114,931
Tokio Marine Holdings Inc. Insurance 89,420 4,597,233
Tokuyama Corp. Chemicals 10,200 228,906
Tokyo Century Corp. Diversified Financial Services 8,500 673,447
a Tokyo Electric Power Co. Holdings Inc. Electric Utilities 210,800 555,355
  Semiconductors & Semiconductor    
Tokyo Electron Ltd. Equipment 20,400 7,587,389
Tokyo Gas Co. Ltd. Gas Utilities 57,800 1,334,643
Tokyo Ohka Kogyo Co. Ltd. Chemicals 5,100 358,129
Tokyo Tatemono Co. Ltd. Real Estate Management & Development 27,200 372,783
TOKYU Corp. Road & Rail 68,000 843,702
Tokyu Fudosan Holdings Corp. Real Estate Management & Development 81,600 434,694
Toppan Printing Co. Ltd. Commercial Services & Supplies 37,400 527,067
Toray Industries Inc. Chemicals 207,400 1,227,184
Toshiba Corp. Industrial Conglomerates 61,200 1,710,126
  Technology Hardware, Storage &    
Toshiba Tec Corp. Peripherals 3,400 122,669
Tosoh Corp. Chemicals 37,400 582,490
TOTO Ltd. Building Products 20,400 1,225,047
Toyo Seikan Group Holdings Ltd. Containers & Packaging 20,400 222,682
Toyo Suisan Kaisha Ltd. Food Products 13,600 661,262
Toyo Tire Corp. Auto Components 13,600 206,546
Toyobo Co. Ltd. Chemicals 10,200 136,336
Toyoda Gosei Co. Ltd. Auto Components 10,200 295,888
Toyota Boshoku Corp. Auto Components 10,200 165,480
Toyota Industries Corp. Auto Components 20,400 1,618,248
Toyota Motor Corp. Automobiles 338,640 26,098,683
Toyota Tsusho Corp. Trading Companies & Distributors 30,600 1,234,433
a Trend Micro Inc. Software 17,000 978,062
TS TECH Co. Ltd. Auto Components 6,800 210,102
Tsumura & Co. Pharmaceuticals 10,200 306,262
Tsuruha Holdings Inc. Food & Staples Retailing 5,100 725,149
TV Asahi Holdings Corp. Media 3,400 55,720
Ube Industries Ltd. Chemicals 13,600 246,590
  Semiconductors & Semiconductor    
Ulvac Inc. Equipment 6,800 290,784
Unicharm Corp. Household Products 54,400 2,577,605
  Equity Real Estate Investment Trusts    
United Urban Investment Corp. (REITs) 204 252,123
Ushio Inc. Electrical Equipment 13,600 176,776
USS Co. Ltd. Specialty Retail 30,600 618,254
Wacoal Corp. Textiles, Apparel & Luxury Goods 6,800 136,731
Welcia Holdings Co. Ltd. Food & Staples Retailing 13,600 513,071
West Japan Railway Co. Road & Rail 23,800 1,244,576
Yakult Honsha Co. Ltd. Food Products 17,000 856,216
Yamada Holdings Co. Ltd. Specialty Retail 98,600 523,345
Yamaguchi Financial Group Inc. Banks 30,600 172,198
Yamaha Corp. Leisure Products 20,400 1,199,361
Yamaha Motor Co. Ltd. Automobiles 37,400 762,164
Yamato Holdings Co. Ltd. Air Freight & Logistics 47,600 1,212,994
Yamato Kogyo Co. Ltd. Metals & Mining 3,400 90,726
Yamazaki Baking Co. Ltd. Food Products 17,000 283,868
Yaoko Co. Ltd. Food & Staples Retailing 3,400 236,777
YASKAWA Electric Corp. Machinery 34,000 1,689,380
  Electronic Equipment, Instruments &    
Yokogawa Electric Corp. Components 34,000 676,410
Yokohama Rubber Co. Ltd. Auto Components 13,600 202,067
Z Holdings Corp. Interactive Media & Services 353,600 2,138,485
Zenkoku Hosho Co. Ltd. Diversified Financial Services 6,800 311,202
Zensho Holdings Co. Ltd. Hotels, Restaurants & Leisure 13,600 354,210
Zeon Corp. Chemicals 20,400 292,233
Zozo Inc. Internet & Direct Marketing Retail 13,600 335,768

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
 
 
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
Total Investments before Short Term Investments (Cost $544,683,870)       602,988,751
Short Term Investments 0.2%        
United States 0.1%        
b,c Institutional Fiduciary Trust Portfolio, 0.00% Money Market Fund 863,322   863,322
Investments from Cash Collateral Received for Loan Securities 0.1%        
b,c Institutional Fiduciary Trust Portfolio, 0.00%   308,750   308,750
Total Short Term Investments (Cost $1,172,072)       1,172,072
Total Investments (Cost $545,855,942) 99.9%       604,160,823
Other Assets, less Liabilities 0.1%       676,314
Net Assets 100.0%     $ 604,837,173

 

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.

 

              FRANKLIN TEMPLETON ETF TRUST
        STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
At December 31, 2020, 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 46 $ 1,222,568 3/11/21 $ 30,255

 

*As of period end.

Abbreviations

Selected Portfolio

REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Japan Hedged ETF Industry Shares Value  
 
Common Stocks 99.7%        
Japan 99.7%        
ABC-Mart Inc. Specialty Retail 34 $ 1,890
Acom Co. Ltd. Consumer Finance 468   1,999
  Equity Real Estate Investment Trusts      
Advance Residence Investment (REITs) 1   2,998
  Semiconductors & Semiconductor      
Advantest Corp. Equipment 250   18,718
AEON Co. Ltd. Food & Staples Retailing 868   28,458
AEON Financial Service Co. Ltd. Consumer Finance 134   1,604
AEON Mall Co. Ltd. Real Estate Management & Development 168   2,769
AGC Inc. Building Products 234   8,159
Aica Kogyo Co. Ltd. Building Products 68   2,348
AIN Holdings Inc. Food & Staples Retailing 34   2,098
Air Water Inc. Chemicals 200   3,553
Aisin Seiki Co. Ltd. Auto Components 214   6,415
Ajinomoto Co. Inc. Food Products 614   13,901
Alfresa Holdings Corp. Health Care Providers & Services 200   3,659
  Electronic Equipment, Instruments &      
Alps Alpine Co. Ltd. Components 268   3,525
Amada Co. Ltd. Machinery 434   4,763
  Electronic Equipment, Instruments &      
Amano Corp. Components 100   2,390
a ANA Holdings Inc. Airlines 200   4,411
  Electronic Equipment, Instruments &      
Anritsu Corp. Components 150   3,347
Aozora Bank Ltd. Banks 168   3,097
Ariake Japan Co. Ltd. Food Products 24   1,725
As One Corp. Health Care Providers & Services 16   2,735
Asahi Group Holdings Ltd. Beverages 531   21,827
Asahi Intecc Co. Ltd. Health Care Equipment & Supplies 240   8,752
Asahi Kasei Corp. Chemicals 1,600   16,342
Asics Corp. Textiles, Apparel & Luxury Goods 200   3,836
ASKUL Corp. Internet & Direct Marketing Retail 34   1,268
Astellas Pharma Inc. Pharmaceuticals 2,400   37,054
  Electronic Equipment, Instruments &      
Azbil Corp. Components 168   9,177
Bandai Namco Holdings Inc. Leisure Equipment & Products 245   21,181
Benefit One Inc. Professional Services 68   2,009
Benesse Holdings Inc. Diversified Consumer Services 100   1,950
BIC CAMERA Inc. Specialty Retail 168   1,863
Bridgestone Corp. Auto Components 746   24,451
  Technology Hardware, Storage &      
Brother Industries Ltd. Peripherals 300   6,178
Calbee Inc. Food Products 100   3,012
  Technology Hardware, Storage &      
CANON Inc. Peripherals 1,300   24,906
  Electronic Equipment, Instruments &      
Canon Marketing Japan Inc. Components 68   1,550
Capcom Co. Ltd. Entertainment 113   7,333
Casio Computer Co. Ltd. Household Durables 268   4,896
Central Japan Railway Co. Road & Rail 223   31,513
Chubu Electric Power Co. Inc. Electric Utilities 885   10,655
Chugai Pharmaceutical Co. Ltd. Pharmaceuticals 849   45,252
Chuo Mitsui Trust Holdings Inc. Banks 468   14,401
Coca-Cola Bottlers Japan Holdings Inc. Beverages 168   2,618
COMSYS Holdings Corp. Construction & Engineering 134   4,160
Concordia Financial Group Ltd. Banks 1,400   4,922
Cosmo Energy Holdings Co. Ltd. Oil, Gas & Consumable Fuels 80   1,423
Cosmos Pharmaceutical Corp. Food & Staples Retailing 22   3,554
Credit Saison Co. Ltd. Consumer Finance 200   2,297

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
CyberAgent Inc. Media 124 8,539
Dai Nippon Printing Co. Ltd. Commercial Services & Supplies 368 6,612
Daicel Corp. Chemicals 368 2,684
Daido Steel Co. Ltd. Metals & Mining 42 1,751
Daifuku Co. Ltd. Machinery 120 14,831
Daiichi Sankyo Co. Ltd. Pharmaceuticals 2,400 82,173
Daiichikosho Co. Ltd. Entertainment 60 2,072
Daikin Industries Ltd. Building Products 340 75,479
Daito Trust Construction Co. Ltd. Real Estate Management & Development 86 8,030
Daiwa House Industry Co. Ltd. Real Estate Management & Development 818 24,276
  Equity Real Estate Investment Trusts    
Daiwa House Residential Investment Corp. (REITs) 1 2,472
Daiwa Securities Group Inc. Capital Markets 1,900 8,649
DeNA Co. Ltd. Entertainment 134 2,387
Denka Co. Ltd. Chemicals 100 3,903
Denso Corp. Auto Components 600 35,647
Dentsu Group Inc. Media 275 8,164
DIC Corp. Chemicals 100 2,522
  Semiconductors & Semiconductor    
Disco Corp. Equipment 34 11,444
DMG Mori Co. Ltd. Machinery 134 2,036
Dowa Holdings Co. Ltd. Metals & Mining 68 2,460
East Japan Railway Co. Road & Rail 472 31,476
EBARA Corp. Machinery 120 3,917
Eisai Co. Ltd. Pharmaceuticals 332 23,706
  Technology Hardware, Storage &    
Elecom Co. Ltd. Peripherals 20 1,032
  Independent Power and Renewable    
Electric Power Development Co. Ltd. Electricity Producers 200 2,753
ENEOS Holdings Inc. Oil, Gas & Consumable Fuels 4,016 14,408
Ezaki Glico Co. Ltd. Food Products 68 2,987
Fancl Corp. Personal Products 83 3,308
FANUC Corp. Machinery 245 60,179
Fast Retailing Co. Ltd. Specialty Retail 65 58,216
FP Corp. Containers & Packaging 68 2,855
Fuji Electric Co. Ltd. Electrical Equipment 168 6,045
Fuji Media Holdings Inc. Media 68 724
Fuji Oil Holdings Inc. Food Products 68 1,941
Fuji Seal International Inc. Containers & Packaging 68 1,327
  Technology Hardware, Storage &    
FUJIFILM Holdings Corp. Peripherals 456 24,018
Fujitsu General Ltd. Household Durables 68 1,841
Fujitsu Ltd. IT Services 240 34,648
Fukuoka Financial Group Inc. Banks 200 3,551
Fukuyama Transporting Co. Ltd. Road & Rail 34 1,431
Furukawa Electric Co. Ltd. Electrical Equipment 78 2,102
Fuyo General Lease Co. Ltd. Diversified Financial Services 25 1,651
Glory Ltd. Machinery 68 1,371
  Equity Real Estate Investment Trusts    
GLP J-REIT (REITs) 3 4,725
GMO Internet Inc. IT Services 100 2,868
GMO Payment Gateway Inc. IT Services 52 6,971
Goldwin Inc. Textiles, Apparel & Luxury Goods 44 2,902
GS Yuasa Corp. Electrical Equipment 100 2,871
a GungHo Online Entertainment Inc. Entertainment 50 1,118
Gunma Bank Ltd. Banks 500 1,540
Hachijuni Bank Ltd. Banks 568 1,887
Hakuhodo DY Holdings Inc. Media 300 4,112
  Electronic Equipment, Instruments &    
Hamamatsu Photonics K.K. Components 168 9,600
Hankyu Hanshin Holdings Inc. Road & Rail 275 9,136
Haseko Corp. Household Durables 368 4,217
Heiwa Corp. Leisure Equipment & Products 68 937
Hikari Tsushin Inc. Specialty Retail 29 6,792

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Hino Motors Ltd. Machinery 368 3,133
Hirogin Holdings Inc. Banks 368 2,067
  Electronic Equipment, Instruments &    
Hirose Electric Co. Ltd. Components 42 6,366
Hisamitsu Pharmaceutical Co. Inc. Pharmaceuticals 100 5,937
Hitachi Capital Corp. Consumer Finance 68 1,641
Hitachi Construction Machinery Co. Ltd. Machinery 134 3,803
  Electronic Equipment, Instruments &    
Hitachi Ltd. Components 1,200 47,247
Hitachi Metals Ltd. Metals & Mining 268 4,065
Hitachi Transport System Ltd. Road & Rail 52 1,546
Hokugin Financial Group Inc. Banks 134 1,271
Hokuriku Electric Power Co. Electric Utilities 200 1,302
Honda Motor Co. Ltd. Automobiles 2,200 61,315
  Electronic Equipment, Instruments &    
HORIBA Ltd. Components 46 2,696
Hoshizaki Corp. Machinery 68 6,237
House Foods Group Inc. Food Products 100 3,797
Hoya Corp. Health Care Equipment & Supplies 471 65,099
  Electronic Equipment, Instruments &    
Ibiden Co. Ltd. Components 134 6,249
Ichigo Inc. Real Estate Management & Development 300 901
Idemitsu Kosan Co. Ltd. Oil, Gas & Consumable Fuels 297 6,530
IHI Corp. Machinery 168 3,331
Iida Group Holdings Co. Ltd. Household Durables 168 3,391
  Equity Real Estate Investment Trusts    
Industrial & Infrastructure Fund Investment Corp. (REITs) 1 1,845
INPEX Corp. Oil, Gas & Consumable Fuels 1,160 6,247
Isetan Mitsukoshi Holdings Ltd. Multiline Retail 434 2,564
Isuzu Motors Ltd. Automobiles 634 6,018
Ito En Ltd. Beverages 68 4,301
ITOCHU Corp. Trading Companies & Distributors 1,738 49,895
ITOCHU Techno-Solutions Corp. IT Services 100 3,569
Itoham Yonekyu Holdings Inc. Food Products 168 1,095
Izumi Co. Ltd. Multiline Retail 52 1,881
J Front Retailing Co. Ltd. Multiline Retail 300 2,368
a Japan Airlines Co. Ltd. Airlines 146 2,821
Japan Airport Terminal Co. Ltd. Transportation Infrastructure 60 3,632
  Electronic Equipment, Instruments &    
Japan Aviatn Elect Components 68 1,040
Japan Exchange Group Inc. Capital Markets 668 17,068
  Equity Real Estate Investment Trusts    
Japan Logistics Fund Inc. (REITs) 1 2,949
Japan Post Bank Co. Ltd. Banks 525 4,307
Japan Post Holdings Co. Ltd. Insurance 1,700 13,219
Japan Post Insurance Co. Ltd. Insurance 249 5,094
  Equity Real Estate Investment Trusts    
Japan Prime Realty Investment Corp. (REITs) 1 3,312
  Equity Real Estate Investment Trusts    
Japan Real Estate Investment Corp. (REITs) 1 5,773
  Equity Real Estate Investment Trusts    
Japan Retail Fund Investment Corp. (REITs) 2 3,634
Japan Tobacco Inc. Tobacco 1,500 30,539
JCR Pharmaceuticals Co. Ltd. Pharmaceuticals 100 2,360
a JFE Holdings Inc. Metals & Mining 653 6,249
JGC Holdings Corp. Construction & Engineering 268 2,502
JSR Corp. Chemicals 234 6,514
JTEKT Corp. Auto Components 300 2,327
Justsystems Corp. Software 50 3,472
K's Holdings Corp. Specialty Retail 234 3,255
Kagome Co. Ltd. Food Products 100 3,526
Kajima Corp. Construction & Engineering 568 7,603
Kakaku.com Inc. Interactive Media & Services 168 4,605
Kaken Pharmaceutical Co. Ltd. Pharmaceuticals 40 1,544

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Kamigumi Co. Ltd. Transportation Infrastructure 134 2,444
Kandenko Co. Ltd. Construction & Engineering 134 1,133
Kaneka Corp. Chemicals 68 2,378
Kansai Electric Power Co. Inc. Electric Utilities 920 8,676
Kansai Mirai Financial Group Inc Banks 200 967
Kansai Paint Co. Ltd. Chemicals 247 7,596
KAO Corp. Personal Products 606 46,780
a Kawasaki Heavy Industries Ltd. Machinery 178 4,007
KDDI Corp. Wireless Telecommunication Services 2,169 64,411
Keihan Holdings Co. Ltd. Industrial Conglomerates 123 5,891
Keikyu Corp. Road & Rail 300 5,140
Keio Corp. Road & Rail 145 11,235
Keisei Electric Railway Co. Ltd. Road & Rail 176 5,949
Kewpie Corp. Food Products 134 2,946
  Electronic Equipment, Instruments &    
Keyence Corp. Components 230 129,207
Kikkoman Corp. Food Products 234 16,250
Kinden Corp. Construction & Engineering 168 2,732
Kintetsu Group Holdings Co. Ltd. Road & Rail 224 9,807
Kirin Holdings Co. Ltd. Beverages 1,000 23,575
Kissei Pharmaceutical Co. Ltd. Pharmaceuticals 34 737
Kobayashi Pharmaceutical Co. Ltd. Personal Products 76 9,282
Kobe Bussan Co. Ltd. Food & Staples Retailing 50 1,540
a Kobe Steel Ltd. Metals & Mining 400 2,135
Koei Tecmo Holdings Co. Ltd. Entertainment 84 5,126
Koito Manufacturing Co. Ltd. Auto Components 142 9,655
Kokuyo Co. Ltd. Commercial Services & Supplies 100 1,353
Komatsu Ltd. Machinery 1,149 31,356
Konami Holdings Corp. Entertainment 119 6,685
  Technology Hardware, Storage &    
Konica Minolta Inc. Peripherals 568 2,168
KOSE Corp. Personal Products 36 6,137
Kotobuki Spirits Co. Ltd. Food Products 25 1,298
Kubota Corp. Machinery 1,400 30,523
Kuraray Co. Ltd. Chemicals 434 4,611
Kurita Water Industries Ltd. Machinery 134 5,120
Kusuri No Aoki Holdings Co. Ltd. Food & Staples Retailing 20 1,741
  Electronic Equipment, Instruments &    
Kyocera Corp. Components 386 23,651
Kyoritsu Maintenance Co. Ltd. Hotels, Restaurants & Leisure 34 1,265
Kyowa Exeo Corp. Construction & Engineering 134 3,777
Kyowa Kirin Co. Ltd. Pharmaceuticals 284 7,741
Kyudenko Corp. Construction & Engineering 45 1,451
Kyushu Electric Power Co. Inc. Electric Utilities 668 5,745
Kyushu Financial Group Inc. Banks 468 1,917
Kyushu Railway Co. Road & Rail 200 4,310
  Equity Real Estate Investment Trusts    
LaSalle Logiport REIT (REITs) 1 1,612
  Semiconductors & Semiconductor    
Lasertec Corp. Equipment 100 11,729
Lawson Inc. Food & Staples Retailing 68 3,165
LINTEC Corp. Chemicals 68 1,500
Lion Corp. Household Products 314 7,597
LIXIL Group Corp. Building Products 334 7,227
M3 Inc. Health Care Technology 527 49,732
Mabuchi Motor Co. Ltd. Electrical Equipment 68 2,961
Maeda Corp. Construction & Engineering 168 1,492
Maeda Road Construction Co. Ltd. Construction & Engineering 68 1,139
Makita Corp. Machinery 307 15,373
Mani Inc. Health Care Equipment & Supplies 100 2,720
Marubeni Corp. Trading Companies & Distributors 2,000 13,291
Marui Group Co. Ltd. Multiline Retail 268 4,704
Maruichi Steel Tube Ltd. Metals & Mining 78 1,726
Matsui Securities Co. Ltd. Capital Markets 134 1,051

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Matsumotokiyoshi Holdings Co. Ltd. Food & Staples Retailing 100 4,262
Mazda Motor Corp. Automobiles 724 4,853
Mebuki Financial Group Inc. Banks 1,268 2,493
Medipal Holdings Corp. Health Care Providers & Services 200 3,754
Megmilk Snow Brand Co. Ltd. Food Products 46 983
Meiji Holdings Co. Ltd. Food Products 168 11,813
Minebea Mitsumi Inc. Machinery 534 10,593
Miraca Holdings Inc. Health Care Providers & Services 68 1,830
MISUMI Group Inc. Machinery 345 11,311
Mitsubishi Chemical Holdings Corp. Chemicals 1,600 9,673
Mitsubishi Corp. Trading Companies & Distributors 1,526 37,557
Mitsubishi Electric Corp. Electrical Equipment 2,487 37,506
Mitsubishi Estate Co. Ltd. Real Estate Management & Development 1,488 23,881
Mitsubishi Gas Chemical Co. Inc. Chemicals 234 5,369
Mitsubishi Heavy Industries Ltd. Machinery 360 11,004
Mitsubishi Logistics Corp. Transportation Infrastructure 81 2,424
Mitsubishi Materials Corp. Metals & Mining 168 3,531
a Mitsubishi Motors Corp. Automobiles 800 1,681
Mitsubishi Shokuhin Co. Ltd. Food & Staples Retailing 34 942
Mitsubishi UFJ Financial Group Inc. Banks 16,000 70,682
Mitsubishi UFJ Lease & Finance Co. Ltd. Diversified Financial Services 534 2,560
Mitsui & Co. Ltd. Trading Companies & Distributors 2,100 38,432
Mitsui Chemicals Inc. Chemicals 234 6,856
Mitsui Fudosan Co. Ltd. Real Estate Management & Development 1,200 25,088
Mitsui Mining and Smelting Co. Ltd. Metals & Mining 68 2,493
Mitsui O.S.K. Lines Ltd. Marine 134 4,088
Miura Co. Ltd. Machinery 120 6,695
Mizuho Financial Group Inc. Banks 3,200 40,525
Mochida Pharmaceutical Co. Ltd. Pharmaceuticals 34 1,293
Monotaro Co. Ltd. Trading Companies & Distributors 145 7,373
  Equity Real Estate Investment Trusts    
Mori Hills REIT Investment Corp. (REITs) 1 1,378
Morinaga & Co. Ltd. Food Products 51 1,917
Morinaga Milk Industry Co. Ltd. Food Products 52 2,559
MS&AD Insurance Group Holdings Inc. Insurance 618 18,801
  Electronic Equipment, Instruments &    
Murata Manufacturing Co. Ltd. Components 730 65,898
Nabtesco Corp. Machinery 144 6,304
Nagase & Co. Ltd. Trading Companies & Distributors 134 1,955
Nagoya Railroad Co. Ltd. Road & Rail 244 6,433
Nankai Electric Railway Co. Ltd. Road & Rail 134 3,398
NEC Corp. IT Services 340 18,244
NEC System Integration & Construction Ltd. IT Services 100 1,728
Net One Systems Co. Ltd. IT Services 100 3,526
Nexon Co. Ltd. Entertainment 518 15,955
NGK Insulators Ltd. Machinery 300 4,626
NGK Spark Plug Co. Ltd. Auto Components 247 4,218
NH Foods Ltd. Food Products 134 5,892
NHK Spring Co. Ltd. Auto Components 200 1,371
Nichirei Corp. Food Products 134 3,763
Nidec Corp. Electrical Equipment 600 75,432
Nifco Inc. Auto Components 100 3,918
Nihon Kohden Corp. Health Care Equipment & Supplies 100 3,719
Nihon M&A Center Inc. Professional Services 168 11,228
Nihon Unisys Ltd. IT Services 78 3,052
Nikon Corp. Household Durables 434 2,737
Nintendo Co. Ltd. Entertainment 136 86,715
Nippo Corp. Construction & Engineering 68 1,861
  Equity Real Estate Investment Trusts    
Nippon Building Fund Inc. (REITs) 1 5,792
  Electronic Equipment, Instruments &    
Nippon Electric Glass Co. Ltd. Components 100 2,185
Nippon Express Co. Ltd. Road & Rail 100 6,712
Nippon Kayaku Co. Ltd. Chemicals 200 1,852

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Nippon Paint Holdings Co. Ltd. Chemicals 200 21,948
Nippon Paper Industries Co. Ltd. Paper & Forest Products 114 1,318
  Equity Real Estate Investment Trusts    
Nippon Prologis REIT Inc. (REITs) 1 3,119
Nippon Sanso Holdings Corp. Chemicals 181 3,359
Nippon Shinyaku Co. Ltd. Pharmaceuticals 64 4,197
Nippon Shobukai Co. Ltd. Chemicals 39 2,183
a Nippon Steel Corp. Metals & Mining 1,025 13,184
Nippon Telegraph & Telephone Corp. Diversified Telecommunication Services 1,600 40,998
Nippon Television Holdings Inc. Media 68 740
Nippon Yusen KK Marine 200 4,653
Nipro Corp. Health Care Equipment & Supplies 134 1,576
Nishi-Nippon Railroad Co. Ltd. Road & Rail 100 2,949
Nissan Chemical Corp. Chemicals 168 10,512
a Nissan Motor Co. Ltd. Automobiles 2,500 13,560
Nissan Shatai Co. Ltd. Automobiles 68 564
Nisshin Seifun Group Inc. Food Products 316 5,023
Nisshinbo Holdings Inc. Industrial Conglomerates 168 1,224
Nissin Foods Holdings Co. Ltd. Food Products 88 7,535
Nitori Holdings Co. Ltd. Specialty Retail 93 19,475
Nitto Denko Corp. Chemicals 195 17,433
Noevir Holdings Co. Ltd. Personal Products 23 1,018
NOF Corp. Chemicals 100 5,066
NOK Corp. Auto Components 168 1,805
Nomura Holdings Inc. Capital Markets 3,900 20,587
Nomura Real Estate Holdings Inc. Real Estate Management & Development 134 2,963
  Equity Real Estate Investment Trusts    
Nomura Real Estate Master Fund Inc. (REITs) 3 4,289
Nomura Research Institute Ltd. IT Services 335 11,989
NS Solutions Corp. IT Services 34 1,001
NSK Ltd. Machinery 568 4,929
NTT Data Corp. IT Services 800 10,933
Obayashi Corp. Construction & Engineering 868 7,482
OBIC Business Consultants Co. Ltd. Software 21 1,450
OBIC Co. Ltd. IT Services 83 16,665
Odakyu Electric Railway Co. Ltd. Road & Rail 380 11,925
Oji Holdings Corp. Paper & Forest Products 1,100 6,254
Okuma Corp. Machinery 34 1,900
Olympus Corp. Health Care Equipment & Supplies 1,312 28,675
  Electronic Equipment, Instruments &    
Omron Corp. Components 234 20,851
Ono Pharmaceutical Co. Ltd. Pharmaceuticals 551 16,587
Open House Co. Ltd. Real Estate Management & Development 100 3,671
Oracle Corp. Japan Software 40 5,211
Orient Corp. Consumer Finance 700 786
Oriental Land Co. Ltd. Hotels, Restaurants & Leisure 245 40,436
ORIX Corp. Diversified Financial Services 1,617 24,816
  Equity Real Estate Investment Trusts    
ORIX JREIT Inc. (REITs) 2 3,303
Osaka Gas Co. Ltd. Gas Utilities 500 10,228
OSG Corp. Machinery 100 1,909
Otsuka Corp. IT Services 134 7,073
Otsuka Holdings Co. Ltd. Pharmaceuticals 526 22,508
Paltac Corp. Distributors 40 2,173
Pan Pacific International Holdings Corp. Multiline Retail 632 14,618
Panasonic Corp. Household Durables 2,800 32,286
a Park24 Co. Ltd. Commercial Services & Supplies 143 2,481
Penta-Ocean Construction Co. Ltd. Construction & Engineering 400 3,436
a PeptiDream Inc. Biotechnology 105 5,329
Persol Holdings Co. Ltd. Professional Services 210 3,785
Pigeon Corp. Household Products 134 5,522
Pilot Corp. Commercial Services & Supplies 41 1,150
Pola Orbis Holdings Inc. Personal Products 100 2,028
a Rakuten Inc. Internet & Direct Marketing Retail 993 9,560

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Recruit Holdings Co. Ltd. Professional Services 1,721 72,027
Relo Group Inc. Real Estate Management & Development 134 3,242
  Semiconductors & Semiconductor    
a Renesas Electronics Corp. Equipment 900 9,406
Rengo Co. Ltd. Containers & Packaging 268 2,243
Resona Holdings Inc. Banks 2,800 9,774
Resorttrust Inc. Hotels, Restaurants & Leisure 68 971
  Technology Hardware, Storage &    
Ricoh Co. Ltd. Peripherals 859 5,633
Rinnai Corp. Household Durables 44 5,106
  Semiconductors & Semiconductor    
Rohm Co. Ltd. Equipment 109 10,547
Rohto Pharmaceutical Co. Ltd. Personal Products 134 3,965
Ryohin Keikaku Co. Ltd. Multiline Retail 300 6,117
Sankyo Co. Ltd. Leisure Equipment & Products 68 1,838
Sankyu Inc. Road & Rail 68 2,565
Sanrio Co. Ltd. Specialty Retail 68 929
Santen Pharmaceutical Co. Ltd. Pharmaceuticals 448 7,268
Sanwa Holdings Corp. Building Products 234 2,724
Sapporo Holdings Ltd. Beverages 68 1,311
Sawai Pharmaceutical Co. Ltd. Pharmaceuticals 47 2,130
SBI Holdings Inc. Capital Markets 278 6,589
  Semiconductors & Semiconductor    
SCREEN Holdings Co. Ltd. Equipment 48 3,533
SCSK Corp. IT Services 56 3,200
Secom Co. Ltd. Commercial Services & Supplies 244 22,492
Sega Sammy Holdings Inc. Leisure Equipment & Products 234 3,688
Seibu Holdings Inc. Road & Rail 268 2,624
  Technology Hardware, Storage &    
Seiko Epson Corp. Peripherals 334 4,953
Seino Holdings Co. Ltd. Road & Rail 200 2,819
Sekisui Chemical Co. Ltd. Household Durables 468 8,857
Sekisui House Ltd. Household Durables 700 14,238
  Equity Real Estate Investment Trusts    
Sekisui House Reit Inc. (REITs) 3 2,179
Seven & i Holdings Co. Ltd. Food & Staples Retailing 1,008 35,723
Seven Bank Ltd. Banks 800 1,689
SG Holdings Co. Ltd. Air Freight & Logistics 536 14,599
Sharp Corp. Household Durables 200 3,030
Shikoku Electric Power Co. Inc. Electric Utilities 200 1,302
  Electronic Equipment, Instruments &    
Shimadzu Corp. Components 334 12,972
Shimamura Co. Ltd. Specialty Retail 34 3,570
SHIMANO Inc. Leisure Equipment & Products 100 23,328
Shimizu Corp. Construction & Engineering 734 5,332
Shin-Etsu Chemical Co. Ltd. Chemicals 500 87,365
Shinsei Bank Ltd. Banks 200 2,462
Shionogi & Co. Ltd. Pharmaceuticals 353 19,266
Ship Healthcare Holdings Inc. Health Care Providers & Services 50 2,780
Shiseido Co. Ltd. Personal Products 502 34,697
SHO-BOND Holdings Co. Ltd. Construction & Engineering 60 2,912
Shochiku Co. Ltd. Entertainment 14 1,917
Shoei Co. Ltd. Real Estate Management & Development 434 4,763
Showa Denko K.K. Chemicals 178 3,788
Sky Perfect JSAT Holdings Inc. Media 168 827
a Skylark Holdings Co. Ltd. Hotels, Restaurants & Leisure 234 3,620
SMC Corp. Machinery 73 44,509
SMS Co. Ltd. Professional Services 70 2,678
Softbank Corp. Wireless Telecommunication Services 3,500 43,833
SoftBank Group Corp. Wireless Telecommunication Services 1,860 145,168
Sohgo Security Services Co. Ltd. Commercial Services & Supplies 82 4,249
Sojitz Corp. Trading Companies & Distributors 1,500 3,342
Sompo Holdings Inc. Insurance 434 17,542
Sony Corp. Household Durables 1,568 156,200

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Sotetsu Holdings Inc. Road & Rail 100 2,396
Square Enix Holdings Co. Ltd. Entertainment 100 6,063
Stanley Electric Co. Ltd. Auto Components 179 5,765
Subaru Corp. Automobiles 803 16,041
Sugi Pharmacy Co. Ltd. Food & Staples Retailing 41 2,740
  Semiconductors & Semiconductor    
Sumco Corp. Equipment 350 7,672
Sumitomo Bakelite Co. Ltd. Chemicals 34 1,169
Sumitomo Chemical Co. Ltd. Chemicals 2,000 8,039
Sumitomo Corp. Trading Companies & Distributors 1,400 18,516
Sumitomo Dainippon Pharma Co. Ltd. Pharmaceuticals 200 2,950
Sumitomo Electric Industries Ltd. Auto Components 934 12,362
Sumitomo Forestry Co. Ltd. Household Durables 168 3,505
Sumitomo Heavy Industries Ltd. Machinery 134 3,304
Sumitomo Metal Mining Co. Ltd. Metals & Mining 300 13,305
Sumitomo Mitsui Financial Group Inc. Banks 1,672 51,628
Sumitomo Osaka Cement Co. Ltd. Construction Materials 41 1,197
Sumitomo Realty & Development Co. Ltd. Real Estate Management & Development 500 15,405
Sumitomo Rubber Industries Ltd. Auto Components 234 2,010
Sundrug Co. Ltd. Food & Staples Retailing 77 3,073
Suntory Beverage & Food Ltd. Beverages 183 6,470
Sushiro Global Holdings Ltd Hotels, Restaurants & Leisure 140 5,356
Suzuken Co. Ltd. Health Care Providers & Services 100 3,613
Suzuki Motor Corp. Automobiles 583 27,003
Sysmex Corp. Health Care Equipment & Supplies 238 28,584
T&D Holdings Inc. Insurance 700 8,251
Taiheiyo Cement Corp. Construction Materials 145 3,622
Taisei Corp. Construction & Engineering 250 8,608
Taisho Pharmaceutical Holdings Co. Ltd. Pharmaceuticals 54 3,635
  Electronic Equipment, Instruments &    
Taiyo Yuden Co. Ltd. Components 150 7,025
Takara Bio Inc. Biotechnology 68 1,823
Takara Holdings Inc. Beverages 200 2,497
Takashimaya Co. Ltd. Multiline Retail 168 1,440
Takeda Pharmaceutical Co. Ltd. Pharmaceuticals 1,974 71,794
TBS Holdings Inc. Media 68 1,193
  Electronic Equipment, Instruments &    
TDK Corp. Components 155 23,330
TechnoPro Holdings Inc. Professional Services 44 3,644
Teijin Ltd. Chemicals 234 4,397
Terumo Corp. Health Care Equipment & Supplies 840 35,082
The 77 Bank Ltd. Banks 84 1,142
The Bank of Kyoto Ltd. Banks 100 5,201
The Chiba Bank Ltd. Banks 800 4,401
The Chugoku Bank Ltd. Banks 200 1,602
The Chugoku Electric Power Co. Inc. Electric Utilities 368 4,309
The Dai-ichi Life Holdings Inc. Insurance 1,368 20,564
The Iyo Bank Ltd. Banks 334 2,093
The Shiga Bank Ltd. Banks 68 1,390
The Shizuoka Bank Ltd. Banks 634 4,642
THK Co. Ltd. Machinery 145 4,677
TIS Inc. IT Services 300 6,143
Tobu Railway Co. Ltd. Road & Rail 268 7,982
Toda Corp. Construction & Engineering 300 1,985
Toho Co. Ltd. Entertainment 140 5,899
Toho Gas Co. Ltd. Gas Utilities 109 7,211
Tohoku Electric Power Co. Inc. Electric Utilities 600 4,940
Tokai Carbon Co. Ltd. Chemicals 234 2,924
Tokai Rika Co. Ltd. Auto Components 68 1,149
Tokio Marine Holdings Inc. Insurance 832 42,775
Tokuyama Corp. Chemicals 100 2,244
Tokyo Century Corp. Diversified Financial Services 68 5,388
a Tokyo Electric Power Co. Holdings Inc. Electric Utilities 2,000 5,269

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
  Semiconductors & Semiconductor    
Tokyo Electron Ltd. Equipment 191 71,039
Tokyo Gas Co. Ltd. Gas Utilities 544 12,561
Tokyo Ohka Kogyo Co. Ltd. Chemicals 48 3,371
Tokyo Tatemono Co. Ltd. Real Estate Management & Development 268 3,673
TOKYU Corp. Road & Rail 616 7,643
Tokyu Fudosan Holdings Corp. Real Estate Management & Development 800 4,262
Toppan Printing Co. Ltd. Commercial Services & Supplies 384 5,412
Toray Industries Inc. Chemicals 2,000 11,834
Toshiba Corp. Industrial Conglomerates 570 15,928
  Technology Hardware, Storage &    
Toshiba Tec Corp. Peripherals 30 1,082
Tosoh Corp. Chemicals 368 5,731
TOTO Ltd. Building Products 179 10,749
Toyo Seikan Group Holdings Ltd. Containers & Packaging 200 2,183
Toyo Suisan Kaisha Ltd. Food Products 111 5,397
Toyo Tire Corp. Auto Components 134 2,035
Toyobo Co. Ltd. Chemicals 100 1,337
Toyoda Gosei Co. Ltd. Auto Components 100 2,901
Toyota Boshoku Corp. Auto Components 68 1,103
Toyota Industries Corp. Auto Components 200 15,865
Toyota Motor Corp. Automobiles 3,150 242,768
Toyota Tsusho Corp. Trading Companies & Distributors 300 12,102
a Trend Micro Inc. Software 142 8,170
TS TECH Co. Ltd. Auto Components 100 3,090
Tsumura & Co. Pharmaceuticals 100 3,003
Tsuruha Holdings Inc. Food & Staples Retailing 46 6,541
TV Asahi Holdings Corp. Media 34 557
Ube Industries Ltd. Chemicals 134 2,430
  Semiconductors & Semiconductor    
Ulvac Inc. Equipment 68 2,908
Unicharm Corp. Household Products 500 23,691
  Equity Real Estate Investment Trusts    
United Urban Investment Corp. (REITs) 2 2,472
Ushio Inc. Electrical Equipment 134 1,742
USS Co. Ltd. Specialty Retail 268 5,415
Wacoal Corp. Textiles, Apparel & Luxury Goods 68 1,367
Welcia Holdings Co. Ltd. Food & Staples Retailing 136 5,131
West Japan Railway Co. Road & Rail 230 12,027
Yakult Honsha Co. Ltd. Food Products 153 7,706
Yamada Holdings Co. Ltd. Specialty Retail 1,000 5,308
Yamaguchi Financial Group Inc. Banks 268 1,508
Yamaha Corp. Leisure Equipment & Products 200 11,758
Yamaha Motor Co. Ltd. Automobiles 349 7,112
Yamato Holdings Co. Ltd. Air Freight & Logistics 430 10,958
Yamato Kogyo Co. Ltd. Metals & Mining 34 907
Yamazaki Baking Co. Ltd. Food Products 168 2,805
Yaoko Co. Ltd. Food & Staples Retailing 34 2,368
YASKAWA Electric Corp. Machinery 330 16,397
  Electronic Equipment, Instruments &    
Yokogawa Electric Corp. Components 300 5,968
Yokohama Rubber Co. Ltd. Auto Components 134 1,991
Z Holdings Corp. Interactive Media & Services 3,300 19,958
Zenkoku Hosho Co. Ltd. Diversified Financial Services 68 3,112
Zensho Holdings Co. Ltd. Hotels, Restaurants & Leisure 113 2,943
Zeon Corp. Chemicals 168 2,407
Zozo Inc. Internet & Direct Marketing Retail 134 3,308

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
Total Common Stocks (Cost $5,256,248) 99.7%       5,614,599
Short Term Investments (Cost $770) 0.0%        
United States 0.0%†        
b,c Institutional Fiduciary Trust - Money Market Portfolio, 0.00% Money Market Funds 770   770
Total Investments (Cost $5,257,018) 99.7%       5,615,369
Other Assets, less Liabilities 0.3%       15,837
Net Assets 100.0%     $ 5,631,206

 

+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.

 

                FRANKLIN TEMPLETON ETF TRUST  
          STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)  
 
 
 
At December 31, 2020 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 DBAB Buy 149,615,000 $ 1,449,126 1/05/21 $ — $ —  
Japanese Yen HSBK Buy 149,615,000   1,449,105 1/05/21   21   —  
Japanese Yen MSCO Buy 61,206,000   592,808 1/05/21   15   —  
Japanese Yen UBSW Buy 208,910,000   2,023,481 1/05/21   —   (41 )
Japanese Yen DBAB Sell 149,615,000   1,436,010 1/05/21   —   (13,116 )
Japanese Yen HSBK Sell 149,615,000   1,435,988 1/05/21   —   (13,138 )
Japanese Yen MSCO Sell 61,206,000   587,471 1/05/21   —   (5,352 )
Japanese Yen UBSW Sell 149,615,000   1,436,000 1/05/21   —   (13,126 )
Japanese Yen UBSW Sell 59,295,000   569,493 1/05/21   —   (4,821 )
Japanese Yen DBAB Sell 169,932,000   1,646,468 2/02/21   —   (6 )
Japanese Yen HSBK Sell 169,932,000   1,646,369 2/02/21   —   (105 )
Japanese Yen MSCO Sell 69,518,000   673,540 2/02/21   —   (21 )
Japanese Yen UBSW Sell 169,932,000   1,646,486 2/02/21   12   —  

 

Total Forward Exchange Contracts $ 48 $ (49,726 )
Net unrealized appreciation (depreciation)     $ (49,678 )
aMay be comprised of multiple contracts with the same counterparty, currency and settlement date.          

 

 

FRANKLIN TEMPLETON ETF TRUST              
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
 
 
At December 31, 2020, 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 $ 53,155 3/11/21 $ 1,364
 
*As of period end.              

 

Abbreviations

Selected Portfolio

DBAB - Deutsche Bank AG
HSBK - HSBC Bank PLC
MSCO - Morgan Stanley
REIT - Real Estate Investment Trust
UBSW - UBS AG

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Latin America ETF Industry Shares Value  
Common Stocks 80.3%        
Brazil 48.6%        
a Aliansce Sonae Shopping Centers SA Real Estate Management & Development 500 $ 2,808
Ambev SA Beverages 16,000   48,208
Atacadao Distribuicao Comercio e Industria Ltd. Food & Staples Retailing 1,400   5,226
a Azul SA Airlines 1,000   7,566
a B2W Cia Digital Internet & Direct Marketing Retail 783   11,398
B3 SA - Brasil Bolsa Balcao Capital Markets 7,500   89,494
Banco Bradesco SA Banks 4,690   21,851
Banco BTG Pactual SA Capital Markets 1,000   18,097
Banco do Brasil SA Banks 3,100   23,157
Banco Inter SA Banks 400   2,541
Banco Santander Brasil SA Banks 1,400   12,083
BB Seguridade Participacoes SA Insurance 2,500   14,261
a BR Malls Participacoes SA Real Estate Management & Development 2,900   5,527
a BRF SA Food Products 2,400   10,184
CCR SA Transportation Infrastructure 4,100   10,632
Centrais Eletricas Brasileiras SA Electric Utilities 1,500   10,590
Cia Brasileira de Distribuicao Food & Staples Retailing 600   8,669
Cia de Saneamento do Parana Water Utilities 850   4,255
Cia Siderurgica Nacional SA Metals & Mining 2,400   14,716
Cielo SA IT Services 4,200   3,234
Cogna Educacao Diversified Consumer Services 7,000   6,240
Companhia de Locacao das Americas Road & Rail 1,300   7,336
Companhia de Saneamento Basico do Estado de Sao Paulo Water Utilities 1,200   10,267
Companhia Energetica de Minas Gerais Electric Utilities 728   2,299
Companhia Paranaense de Energia-Copel Electric Utilities 100   1,348
a Cosan Logistica SA Road & Rail 500   1,782
Cosan SA Oil, Gas & Consumable Fuels 600   8,748
CPFL Energia SA Electric Utilities 700   4,387
Cyrela Brazil Realty SA Empreendimentos e Participacoes Household Durables 1,000   5,676
Duratex SA Paper & Forest Products 1,100   4,053
EDP-Energias do Brasil SA Electric Utilities 1,100   4,161
a Embraer SA Aerospace & Defense 2,700   4,600
Energisa SA Electric Utilities 900   9,072
  Independent Power and Renewable      
a Eneva SA Electricity Producers 600   7,173
  Independent Power and Renewable      
Engie Brasil Energia SA Electricity Producers 600   5,076
Equatorial Energia SA Electric Utilities 3,400   15,160
EZ Tec Empreendimentos e Participacoes SA Household Durables 400   3,304
Fleury SA Health Care Providers & Services 900   4,682
Grendene SA Textiles, Apparel & Luxury Goods 1,000   1,613
Guararapes Confeccoes SA Textiles, Apparel & Luxury Goods 300   861
b,c Hapvida Participacoes e Investimentos SA, 144A, Reg S Health Care Providers & Services 4,000   11,752
Hypera SA Pharmaceuticals 1,500   9,891
IRB Brasil Resseguros SA Insurance 4,137   6,515
Itau Unibanco Holding SA Banks 1,700   9,141
Klabin SA Containers & Packaging 1,200   6,115
Localiza Rent a Car SA Road & Rail 2,005   26,615
Lojas Americanas SA Multiline Retail 1,108   4,362
Lojas Renner SA Multiline Retail 2,880   24,141
M Dias Branco SA Food Products 300   1,967
Magazine Luiza SA Multiline Retail 9,812   47,131
Multiplan Empreendimentos Imobiliarios SA Real Estate Management & Development 1,000   4,530
a Natura & Co Holding SA Personal Products 3,044   30,767
Neoenergia SA Electric Utilities 900   3,053
Notre Dame Intermedica Participacoes SA Health Care Providers & Services 1,900   28,656
Odontoprev SA Health Care Providers & Services 1,000   2,801
Petrobras Distribuidora SA Specialty Retail 2,700   11,503
Petroleo Brasileiro SA Oil, Gas & Consumable Fuels 13,600   75,538

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Porto Seguro SA Insurance 300 2,830
Qualicorp Consultoria E Corretora de Seguros SA Health Care Providers & Services 900 6,061
Raia Drogasil SA Food & Staples Retailing 4,200 20,247
Rede D'Or Sao Luiz SA Health Care Providers & Services 500 6,575
a Rumo SA Road & Rail 4,600 17,039
Sao Martinho SA Food Products 600 3,161
Sul America SA Insurance 1,018 8,692
a Suzano SA Paper & Forest Products 2,619 29,517
Telefonica Brasil SA Diversified Telecommunication Services 1,600 14,324
TIM SA/Brazil Wireless Telecommunication Services 3,000 8,461
Totvs SA Software 1,800 9,953
Transmissora Alianca de Energia Eletrica SA Electric Utilities 800 5,133
Ultrapar Participacoes SA Oil, Gas & Consumable Fuels 2,964 13,547
Vale SA Metals & Mining 12,140 204,390
a Via Varejo SA Specialty Retail 4,300 13,378
WEG SA Electrical Equipment 2,700 39,371
YDUQS Participacoes SA Diversified Consumer Services 1,100 6,972
      1,146,464
Chile 5.8%      
  Independent Power and Renewable    
AES Gener SA Electricity Producers 10,247 1,699
  Independent Power and Renewable    
a AES Gener SA, rts., 01/27/21 Electricity Producers 2,422 26
Aguas Andinas SA, A Water Utilities 10,156 3,273
Banco de Chile Banks 161,330 16,474
Banco de Credito e Inversiones SA Banks 175 6,869
Banco Santander Chile Banks 228,659 10,974
Cencosud SA Food & Staples Retailing 4,916 8,753
Cencosud Shopping SA Real Estate Management & Development 1,811 2,902
  Independent Power and Renewable    
Colbun SA Electricity Producers 26,762 4,727
Compania Cervecerias Unidas SA Beverages 546 4,032
E CL SA Electric Utilities 1,840 2,253
Empresa Nacional de Telecomunicaciones SA Wireless Telecommunication Services 510 3,165
Empresas CMPC SA Paper & Forest Products 4,404 11,591
Empresas COPEC SA Oil, Gas & Consumable Fuels 1,802 18,286
Enel Americas SA Electric Utilities 97,928 15,990
Enel Chile SA Electric Utilities 97,424 7,569
Falabella SA Multiline Retail 2,910 10,772
Itau CorpBanca Chile SA Banks 639,018 2,150
Parque Arauco SA Real Estate Management & Development 2,229 3,649
Plaza SA Real Estate Management & Development 1,102 1,716
      136,870
Colombia 2.5%      
Bancolombia SA Banks 1,011 10,339
Cementos Argos SA Construction Materials 1,790 3,234
a Corporacion Financiera Colombiana Diversified Financial Services 433 4,101
Ecopetrol SA Oil, Gas & Consumable Fuels 17,505 11,489
Empresa De Energia De Bogota SA Gas Utilities 9,897 7,668
Grupo Argos SA Construction Materials 1,109 4,507
Grupo de Inversiones Suramericana SA Diversified Financial Services 921 6,807
Interconexion Electrica SA ESP Electric Utilities 1,629 12,240
      60,385
Mexico 22.7%      
Alfa SAB de CV Industrial Conglomerates 10,998 7,937
Alpek SAB de CV Chemicals 1,376 1,203
America Movil SAB de CV, L Wireless Telecommunication Services 112,337 81,693
Arca Continental SAB de CV Beverages 1,631 7,832
Banco Santander (Mexico), S.A., Institucion de Banca Multiple,      
Grupo Financiero Santander, B Banks 2,122 2,163
Becle SAB de CV Beverages 2,027 5,080
a Cemex SAB de CV Construction Materials 55,694 28,706

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Coca-Cola FEMSA SA de CV Beverages 1,943 8,923
  Equity Real Estate Investment Trusts    
Concentradora Fibra Danhos SA de CV (REITs) 847 1,034
a Controladora Nemak SAB de CV Auto Components 11,133 1,464
a El Puerto de Liverpool SAB de CV Multiline Retail 739 2,592
  Equity Real Estate Investment Trusts    
Fibra Uno Administracion SA de CV (REITs) 10,892 12,299
Fomento Economico Mexicano SAB de CV Beverages 6,709 50,620
b GMexico Transportes SAB de CV, 144A Road & Rail 4,559 6,805
Gruma SAB de CV Food Products 789 9,382
a Grupo Aeroportuario del Centro Norte SAB de CV Transportation Infrastructure 1,240 7,990
a Grupo Aeroportuario del Pacifico SAB de CV Transportation Infrastructure 1,406 15,675
a Grupo Aeroportuario del Sureste SAB de CV, B Transportation Infrastructure 605 9,996
Grupo Bimbo SAB de CV, A Food Products 8,235 17,871
a Grupo Carso SAB de CV Industrial Conglomerates 1,685 5,613
Grupo Elektra SAB de CV Banks 233 15,432
a Grupo Financiero Banorte SAB de CV Banks 10,607 58,519
a Grupo Financiero Inbursa SAB de CV Banks 7,839 7,892
Grupo Lala SAB de CV Food Products 2,170 1,694
Grupo Mexico SAB de CV, B Metals & Mining 11,605 48,993
a Grupo Televisa SA Media 7,892 12,968
Industrias Bachoco SAB de CV, B Food Products 593 2,228
a Industrias Penoles SA Metals & Mining 455 7,690
a Infraestructura Energetica Nova SAB de CV Gas Utilities 1,893 7,369
Kimberly-Clark de Mexico SAB de CV, A Household Products 3,082 5,257
Megacable Holdings SAB de CV Media 1,123 4,096
Orbia Advance Corp SAB de CV Chemicals 3,719 8,726
Promotora y Operadora de Infraestructura SAB de CV Transportation Infrastructure 808 7,122
Qualitas Controladora SAB de CV Insurance 660 3,549
a Telesites SAB de CV Diversified Telecommunication Services 4,676 5,050
Wal-Mart de Mexico SAB de CV, V Food & Staples Retailing 18,950 53,239
      534,702
United States 0.7%      
JBS SA Food Products 3,700 16,854
Total Common Stocks (Cost $1,930,177)     1,895,275
Preferred Stocks 19.6%      
Brazil 17.6%      
d Alpargatas SA, 0.131%, pfd. Textiles, Apparel & Luxury Goods 650 5,256
d Banco Bradesco SA, 2.557%, pfd. Banks 15,742 82,253
d Banco do Estado do Rio Grande do Sul SA, 3.974%, pfd., B Banks 700 1,964
Banco Inter SA, pdf. Banks 1,000 6,334
d Bradespar SA, 3.144%, pfd. Metals & Mining 800 9,812
a Braskem SA, pfd., A Chemicals 700 3,176
d Centrais Eletricas Brasileiras SA, 4.832%, pfd., B Electric Utilities 1,000 7,123
d Cia de Transmissao de Energia Eletrica Paulista, 6.257%, pfd. Electric Utilities 700 3,748
  Independent Power and Renewable    
d Cia Energetica de Sao Paulo, 7.856%, pfd., B Electricity Producers 700 3,904
d Companhia Energetica de Minas Gerais, 2.191%, pfd. Electric Utilities 3,735 10,470
d Companhia Paranaense de Energia, 4.137%, pfd., B Electric Utilities 400 5,771
d Gerdau SA, 1.472%, pfd. Metals & Mining 4,000 18,829
d Itau Unibanco Holding SA, 4.123%, pfd. Banks 17,700 107,784
d Itausa SA, 3.402%, pfd. Banks 16,600 37,488
d Lojas Americanas SA, 0.057%, pfd. Multiline Retail 2,928 14,820
d Petroleo Brasileiro SA, 0.004%, pfd. Oil, Gas & Consumable Fuels 16,800 91,662
d Usinas Siderurgicas de Minas Gerais SA Usiminas, 0.294%, pfd., A Metals & Mining 1,600 4,500
      414,894
Chile 1.0%      
d Embotelladora Andina SA, 6.050%, pfd., B Beverages 694 1,786

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
d Sociedad Quimica y Minera de Chile SA, 0.003%, pfd., B Chemicals 441   21,476
        23,262
Colombia 1.0%        
d Bancolombia SA, 4.667%, pfd. Banks 1,655   16,983
d Grupo Aval Acciones y Valores SA, 5.025%, pfd. Banks 15,255   5,325
d Grupo de Inversiones Suramericana SA, 2.882%, pfd. Diversified Financial Services 291   1,872
        24,180
Total Preferred Stocks (Cost $552,016)       462,336
Total Investments (Cost $2,482,193) 99.9%       2,357,611
Other Assets, less Liabilities 0.1%       1,473
Net Assets 100.0%     $ 2,359,084

 

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. At December 31, 2020, the aggregate value of these securities was $18,557, representing 0.8% 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. At December 31, 2020, the value of this security was $11,752, representing 0.5% of net assets. dVariable rate security. The rate shown represents the yield at period end.

Abbreviations

Selected Portfolio

REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Mexico ETF Industry Shares   Value
Common Stocks 99.9%        
Mexico 99.9%        
Alfa SAB de CV Industrial Conglomerates 138,025 $ 99,611
Alpek SAB de CV Chemicals 17,360   15,177
America Movil SAB de CV, L Wireless Telecommunication Services 956,350   695,466
Arca Continental SAB de CV Beverages 20,475   98,319
Banco Santander (Mexico), S.A., Institucion de Banca Multiple,        
Grupo Financiero Santander, B Banks 26,320   26,828
Becle SAB de CV Beverages 25,440   63,761
a Cemex SAB de CV Construction Materials 442,050   227,841
Coca-Cola FEMSA SA de CV Beverages 24,385   111,991
  Equity Real Estate Investment Trusts      
Concentradora Fibra Danhos SA de CV (REITs) 10,635   12,981
a Controladora Nemak SAB de CV Auto Components 138,045   18,152
a El Puerto de Liverpool SAB de CV Multiline Retail 9,165   32,147
  Equity Real Estate Investment Trusts      
Fibra Uno Administracion SA de CV (REITs) 135,285   152,765
Fomento Economico Mexicano SAB de CV Beverages 59,605   449,726
b GMexico Transportes SAB de CV, 144A Road & Rail 57,205   85,382
Gruma SAB de CV Food Products 9,915   117,897
a Grupo Aeroportuario del Centro Norte SAB de CV Transportation Infrastructure 15,565   100,293
a Grupo Aeroportuario del Pacifico SAB de CV Transportation Infrastructure 15,185   169,290
a Grupo Aeroportuario del Sureste SAB de CV, B Transportation Infrastructure 7,595   125,489
Grupo Bimbo SAB de CV, A Food Products 84,090   182,482
a Grupo Carso SAB de CV Industrial Conglomerates 21,150   70,459
Grupo Elektra SAB de CV Banks 2,550   168,888
a Grupo Financiero Banorte SAB de CV Banks 92,925   512,672
a Grupo Financiero Inbursa SAB de CV Banks 98,965   99,633
Grupo Lala SAB de CV Food Products 27,240   21,258
Grupo Mexico SAB de CV, B Metals & Mining 104,615   441,656
a Grupo Televisa SA Media 94,960   156,031
Industrias Bachoco SAB de CV, B Food Products 7,450   27,986
a Industrias Penoles SA Metals & Mining 5,755   97,271
a Infraestructura Energetica Nova SAB de CV Gas Utilities 23,765   92,517
Kimberly-Clark de Mexico SAB de CV, A Household Products 38,685   65,991
Megacable Holdings SAB de CV Media 13,910   50,738
Orbia Advance Corp SAB de CV Chemicals 47,040   110,367
Promotora y Operadora de Infraestructura SAB de CV Transportation Infrastructure 10,145   89,421
Qualitas Controladora SAB de CV Insurance 8,185   44,011
a Telesites SAB de CV Diversified Telecommunication Services 58,150   62,803
Wal-Mart de Mexico SAB de CV, V Food & Staples Retailing 167,410   470,333
Total Investments (Cost $5,070,355) 99.9%       5,367,633
 
Other Assets, less Liabilities 0.1%       5,229
Net Assets 100.0%     $ 5,372,862

 

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. At December 31, 2020, the value of this security was $85,382, representing 1.6% of net assets.

Abbreviations

Selected Portfolio

REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Russia ETF Industry Shares   Value
Common Stocks 94.8%        
Russia 94.8%        
a Aeroflot - Russian Airlines PJSC Airlines 85,743 $ 82,515
Alrosa PJSC Metals & Mining 183,232   243,593
Federal Grid Co. Unified Energy System PJSC Electric Utilities 22,492,659   67,541
Federal Hydrogenerating Co. Electric Utilities 9,944,466   105,166
Gazprom PJSC Oil, Gas & Consumable Fuels 392,364   1,128,271
Inter RAO UES PJSC Electric Utilities 3,068,219   220,375
LUKOIL PJSC Oil, Gas & Consumable Fuels 13,552   946,898
Magnit PJSC Food & Staples Retailing 3,472   266,088
Magnitogorsk Iron & Steel Works Metals & Mining 153,216   115,620
MMC Norilsk Nickel PJSC Metals & Mining 1,211   387,969
Mobile TeleSystems PJSC Wireless Telecommunication Services 54,712   244,584
Moscow Exchange MICEX Capital Markets 101,570   219,126
Mosenergo PAO Electric Utilities 699,083   19,532
NLMK PJSC Metals & Mining 83,020   234,656
NovaTek PJSC Oil, Gas & Consumable Fuels 42,077   716,336
PhosAgro PJSC Chemicals 3,052   129,277
Polyus Gold OJSC Metals & Mining 1,323   272,329
Rosneft PJSC Oil, Gas & Consumable Fuels 45,465   267,512
Rosseti PJSC Electric Utilities 2,548,049   60,390
a Rostelecom PJSC Diversified Telecommunication Services 83,223   108,838
Sberbank of Russia PJSC Banks 374,430   1,372,390
Severstal PAO Metals & Mining 13,818   245,743
Sistema PJSFC Wireless Telecommunication Services 249,830   96,741
Surgutneftegas PJSC Oil, Gas & Consumable Fuels 264,782   129,340
Tatneft PAO Oil, Gas & Consumable Fuels 43,239   299,428
  Independent Power & Renewable Electricity      
Unipro PJSC Producers 896,693   33,836
a United Co RUSAL International PJSC Metals & Mining 220,500   105,563
VTB Bank PJSC Banks 432,574,790   220,485
Total Common Stocks (Cost $7,874,047)       8,340,142
Preferred Stocks 5.0%        
Russia 5.0%        
b Bashneft PJSC, 8.733%, pfd. Oil, Gas & Consumable Fuels 1,673   26,284
b Surgutneftegas PJSC, 2.469%, pfd. Oil, Gas & Consumable Fuels 285,600   161,538
b Tatneft PJSC,pdf.,3, 11.441%, pfd. Oil, Gas & Consumable Fuels 4,256   27,332
a,b Transneft PJSC Oil, Gas & Consumable Fuels 118   223,909
Total Preferred Stocks (Cost $519,502)       439,063
Total Investments (Cost $8,393,549) 99.8%       8,779,205
 
Other Assets, less Liabilities 0.2%       20,018
Net Assets 100.0%     $ 8,799,223
 
aNon-income producing.        
bVariable rate security. The rate shown represents the yield at period end.        

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (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 574 $ 18,789
Advanced Petrochemical Co. Chemicals 1,380   24,645
Al-Rajhi Bank Banks 14,734   289,056
a Alinma Bank Banks 12,746   54,971
Almarai Co. JSC Food Products 3,278   47,969
Arab National Bank Banks 8,360   44,790
Arabian Centres Co. Ltd. Real Estate Management & Development 2,130   14,222
Bank Al-Jazira Banks 5,222   19,014
Bank AlBilad Banks 4,780   36,121
Banque Saudi Fransi Banks 7,646   64,403
a Bupa Arabia for Cooperative Insurance Co. Insurance 744   24,234
Dallah Healthcare Co. Health Care Providers & Services 372   4,784
a Dar Al Arkan Real Estate Development Co. Real Estate Management & Development 6,878   15,877
Dr Sulaiman Al Habib Medical Services Group Co. Health Care Providers & Services 1,076   31,262
a Emaar Economic City Real Estate Management & Development 5,414   13,291
a Etihad Etisalat Co. Wireless Telecommunication Services 4,906   37,466
a Fawaz Abdulaziz Al Hokair & Co. Specialty Retail 834   4,846
Jarir Marketing Co. Specialty Retail 766   35,405
a Mobile Telecommunications Co. Wireless Telecommunication Services 5,728   20,765
Mouwasat Medical Services Co. Health Care Providers & Services 618   22,733
National Commercial Bank Banks 16,580   191,583
a National Industrialization Co. Chemicals 4,258   15,527
National Petrochemical Co. Chemicals 1,562   13,844
a Rabigh Refining and Petrochemical Co. Oil, Gas & Consumable Fuels 2,848   10,491
Riyad Bank Banks 21,714   116,916
Sahara International Petrochemical Co. Chemicals 4,672   21,569
Samba Financial Group Banks 14,428   117,490
Saudi Airlines Catering Co. Hotels, Restaurants & Leisure 494   10,152
Saudi Arabian Fertilizer Co. Chemicals 2,610   56,074
a Saudi Arabian Mining Co. Metals & Mining 5,254   56,719
b,c Saudi Aramco, 144A, Reg S Oil, Gas & Consumable Fuels 30,620   285,665
Saudi Basic Industries Corp. Chemicals 10,838   292,935
Saudi British Bank Banks 13,420   88,427
Saudi Cement Co. Construction Materials 974   15,967
Saudi Electricity Co. Electric Utilities 10,180   57,798
a Saudi Ground Services Co. Transportation Infrastructure 1,150   9,840
Saudi Industrial Investment Group Chemicals 2,868   20,947
a Saudi Kayan Petrochemical Co. Chemicals 9,560   36,440
a Saudi Research and Marketing Group Media 414   8,663
Saudi Telecom Co. Diversified Telecommunication Services 7,324   206,937
Saudia Dairy & Foodstuff Co. Food Products 202   9,423
Savola Al-Azizia United Co. Food Products 3,404   38,562
a Seera Group Holding Hotels, Restaurants & Leisure 1,894   9,582
Southern Province Cement Co. Construction Materials 892   20,044
a The Company for Cooperative Insurance Insurance 796   16,910
The Qassim Cement Construction Materials 574   12,393
Yanbu Cement Construction Materials 994   10,744
Yanbu National Petrochemical Co. Chemicals 3,028   51,575
Total Investments (Cost $2,415,395) 99.9%       2,627,860
 
Other Assets, less Liabilities 0.1%       2,829
Net Assets 100.0%     $ 2,630,689

 

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. At December 31, 2020, the value of this security was $285,665, representing 10.9% of net assets.

 

FRANKLIN TEMPLETON ETF TRUST

STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)

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. At December 31, 2020, the value of this security was $285,665, representing 10.9% of net assets.

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE South Africa ETF Industry Shares Value  
Common Stocks 100.1%        
Luxembourg 1.1%        
Reinet Investments SCA Capital Markets 1,346 $ 25,255
Romania 1.1%        
NEPI Rockcastle Plc Real Estate Management & Development 3,874   24,660
South Africa 97.9%        
Absa Group Ltd. Banks 6,566   53,578
African Rainbow Minerals Ltd. Metals & Mining 970   17,296
Anglo American Platinum Ltd. Metals & Mining 552   54,233
AngloGold Ashanti Ltd. Metals & Mining 3,804   88,704
a Aspen Pharmacare Holdings Ltd. Pharmaceuticals 3,484   29,736
AVI Ltd. Food Products 3,004   14,974
Barloworld Ltd. Trading Companies & Distributors 1,790   11,102
Bid Corp. Ltd. Food & Staples Retailing 3,038   54,401
Bidvest Group Ltd. Industrial Conglomerates 3,096   33,096
a Capitec Bank Holdings Ltd. Banks 796   77,637
Clicks Group Ltd. Food & Staples Retailing 2,184   37,568
Coronation Fund Managers Ltd. Capital Markets 2,364   6,948
a,b Dis-Chem Pharmacies Ltd., Reg S Food & Staples Retailing 3,184   4,554
Discovery Ltd. Insurance 3,690   38,571
Distell Group Holdings Ltd Beverages 736   4,762
Exxaro Resources Ltd. Oil, Gas & Consumable Fuels 2,288   21,636
FirstRand Ltd. Diversified Financial Services 44,814 155,718
  Equity Real Estate Investment Trusts      
Fortress REIT Ltd. (REITs) 7,972   1,634
  Equity Real Estate Investment Trusts      
Fortress REIT Ltd., A (REITs) 10,774   10,012
Gold Fields Ltd. Metals & Mining 7,918   74,157
  Equity Real Estate Investment Trusts      
Growthpoint Properties Ltd. (REITs) 30,088   25,748
a Harmony Gold Mining Co. Ltd. Metals & Mining 4,686   22,842
Impala Platinum Holdings Ltd. Metals & Mining 7,108   97,701
Investec Ltd. Capital Markets 2,624   6,545
Kumba Iron Ore Ltd. Metals & Mining 494   20,946
Liberty Holdings Ltd. Insurance 1,088   4,591
a Life Healthcare Group Holdings Ltd. Health Care Providers & Services 12,612   14,442
Momentum Metropolitan Holdings Insurance 9,014   9,671
Mr. Price Group Ltd. Specialty Retail 2,350   27,302
MTN Group Ltd. Wireless Telecommunication Services 16,450   67,407
MultiChoice Group Ltd. Media 4,044   36,892
Naspers Ltd., N Internet & Direct Marketing Retail 2,136 439,066
Nedbank Group Ltd. Banks 3,196   28,172
Netcare Ltd. Health Care Providers & Services 13,218   11,248
Ninety One Ltd. Capital Markets 1,326   3,972
a Northam Platinum Ltd. Metals & Mining 3,146   44,877
Old Mutual Ltd. Insurance 41,778   33,818
b,c Pepkor Holdings Ltd., 144A, Reg S Specialty Retail 6,808   6,317
Pick 'N Pay Stores Ltd. Food & Staples Retailing 3,152   10,785
PSG Group Ltd. Industrial Conglomerates 1,503   6,127
Rand Merchant Investment Holdings Ltd. Insurance 6,880   15,012
  Equity Real Estate Investment Trusts      
Redefine Properties Ltd. (REITs) 52,074   11,805
Remgro Ltd. Diversified Financial Services 4,616   30,231
  Equity Real Estate Investment Trusts      
Resilient REIT Ltd. (REITs) 2,878   8,288
Sanlam Ltd. Insurance 15,250   60,995
Santam Ltd. Insurance 382   6,626
a Sappi Ltd. Paper & Forest Products 5,008   11,190
a Sasol Ltd. Chemicals 5,076   46,282
Shoprite Holdings Ltd. Food & Staples Retailing 4,484   42,737

 

 

FRANKLIN TEMPLETON ETF TRUST          
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
 
 
Sibanye Stillwater Ltd. Metals & Mining 26,470   108,124  
Standard Bank Group Ltd. Banks 11,696   101,188  
Telkom SA SOC Ltd. Diversified Telecommunication Services 2,662   5,565  
a The Foschini Group Ltd. Specialty Retail 2,968   20,673  
The Spar Group Ltd. Food & Staples Retailing 1,760   22,711  
Tiger Brands Ltd. Food Products 1,514   21,458  
Truworths International Ltd. Specialty Retail 3,898   9,779  
Vodacom Group Ltd. Wireless Telecommunication Services 5,456   46,204  
Woolworths Holdings Ltd. Multiline Retail 7,958   21,422  
        2,299,076  
Total Investments (Cost $2,219,362) 100.1%       2,348,991  
 
Other Assets, less Liabilities (0.1)%       (1,198 )
Net Assets 100.0%     $ 2,347,793  

 

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. At December 31, 2020, the aggregate value of these securities was $10,871, representing 0.5% 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. At December 31, 2020, the value of this security was $6,317, representing 0.3% of net assets.

Abbreviations

Selected Portfolio

REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE South Korea ETF Industry Shares   Value
Common Stocks 94.7%        
South Korea 94.7%        
a Alteogen Inc. Biotechnology 938 $ 155,168
Amorepacific Corp. Personal Products 1,610   305,312
AmorePacific Group Personal Products 1,484   74,999
BGF Retail Co. Ltd. Food & Staples Retailing 322   40,165
BNK Financial Group Inc. Banks 14,728   77,009
a Celltrion Healthcare Co. Ltd. Health Care Providers & Services 3,684   552,787
a Celltrion Inc. Biotechnology 5,383   1,778,972
a Celltrion Pharm Inc. Pharmaceuticals 956   209,980
Cheil Worldwide Inc. Media 3,542   67,169
CJ CheilJedang Corp. Food Products 406   142,397
CJ Corp. Industrial Conglomerates 644   54,600
CJ ENM Co. Ltd. Internet & Direct Marketing Retail 490   62,925
a CJ Logistics Corp. Road & Rail 378   57,589
a Coway Co. Ltd. Household Durables 2,842   190,199
Daelim Industrial Co. Ltd. Construction & Engineering 1,287   98,335
a Daewoo Engineering & Construction Co. Ltd. Construction & Engineering 8,960   41,117
a Daewoo Shipbuilding & Marine Engineering Co. Ltd. Machinery 2,436   61,444
DB Insurance Co. Ltd. Insurance 2,268   91,342
DGB Financial Group Inc. Banks 7,896   49,355
Dongsuh Cos. Inc. Food & Staples Retailing 1,568   49,005
Doosan Bobcat Inc. Machinery 1,218   33,245
a Doosan Heavy Industries and Construction Co. Ltd. Electrical Equipment 10,458   129,967
a Doosan Infracore Co. Ltd. Machinery 6,888   50,219
  Electronic Equipment, Instruments &      
a Doosan Solus Co. Ltd. Components 574   26,182
E-MART Inc. Food & Staples Retailing 994   138,627
Fila Holdings Corp. Textiles, Apparel & Luxury Goods 2,646   106,444
GS Engineering & Construction Corp. Construction & Engineering 2,996   104,252
GS Holdings Corp. Oil, Gas & Consumable Fuels 2,604   90,012
GS Retail Co. Ltd. Food & Staples Retailing 1,358   43,066
Hana Financial Group Inc. Banks 14,700   466,860
Hanjin Kal Corp. Airlines 1,540   89,454
Hankook Tire & Technology Co. Ltd. Auto Components 3,808   138,116
Hanmi Pharm Co. Ltd. Pharmaceuticals 370   124,832
Hanmi Science Co. Ltd. Pharmaceuticals 698   48,898
Hanon Systems Auto Components 8,148   121,886
Hanssem Co. Ltd. Household Durables 490   47,137
a Hanwha Aerospace Co. Ltd. Aerospace & Defense 1,750   45,913
Hanwha Corp. Industrial Conglomerates 1,260   15,833
Hanwha Corp. Industrial Conglomerates 2,142   55,803
Hanwha Life Insurance Co. Ltd. Insurance 13,902   31,226
Hanwha Solutions Corp. Chemicals 4,088   180,259
HDC Hyundai Development Co-Engineering & Construction Construction & Engineering 2,352   56,510
a Helixmith Co. Ltd. Biotechnology 1,515   46,023
Hite Jinro Co. Ltd. Beverages 1,554   45,563
a HLB Inc. Leisure Products 2,226   189,547
Hotel Shilla Co. Ltd. Specialty Retail 1,568   118,794
Hyundai Department Store Co. Ltd. Multiline Retail 742   48,770
Hyundai Engineering & Construction Co. Ltd. Construction & Engineering 3,710   127,902
Hyundai Glovis Co. Ltd. Air Freight & Logistics 938   158,881
Hyundai Heavy Industries Holdings Co. Ltd. Machinery 518   135,186
Hyundai Marine & Fire Insurance Co. Ltd. Insurance 3,094   64,797
Hyundai Mipo Dockyard Co. Ltd. Machinery 1,036   45,777
Hyundai Mobis Co. Ltd. Auto Components 3,290   773,815
a Hyundai Motor Co. Automobiles 7,140   1,261,972
Hyundai Steel Co. Metals & Mining 3,850   140,348
Hyundai Wia Corp. Auto Components 784   38,612
a Industrial Bank of Korea Banks 11,774   95,813
a Kakao Corp. Interactive Media & Services 2,758   988,899

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Kangwon Land Inc. Hotels, Restaurants & Leisure 5,474 118,419
a KB Financial Group Inc. Banks 19,796 790,892
KCC Corp. Chemicals 238 43,271
KEPCO Plant Service and Engineering Co. Ltd. Commercial Services & Supplies 1,064 29,090
Kia Motors Corp. Automobiles 13,132 754,338
Korea Aerospace Industries Ltd. Aerospace & Defense 3,304 78,471
a Korea Electric Power Corp. Electric Utilities 13,020 328,407
Korea Gas Corp. Gas Utilities 1,302 37,036
Korea Investment Holdings Co. Ltd. Capital Markets 1,932 140,503
a Korea Shipbuilding & Offshore Engineering Co Ltd. Machinery 2,184 218,139
Korea Zinc Co. Ltd. Metals & Mining 504 186,280
a Korean Air Lines Co. Ltd. Airlines 4,424 110,773
a KT&G Corp. Tobacco 5,656 432,674
Kumho Petrochemical Co. Ltd. Chemicals 882 117,730
LG Chem Ltd. Chemicals 2,329 1,766,635
LG Corp. Industrial Conglomerates 4,592 369,879
  Electronic Equipment, Instruments &    
a LG Display Co. Ltd. Components 11,438 195,319
a LG Electronics Inc. Household Durables 5,502 683,761
LG Household & Health Care Ltd. Personal Products 444 662,138
  Electronic Equipment, Instruments &    
LG Innotek Co. Ltd. Components 714 119,953
LG Uplus Corp. Diversified Telecommunication Services 10,976 118,722
Lotte Chemical Corp. Chemicals 756 192,080
Lotte Chilsung Beverage Co. Ltd. Beverages 182 18,178
Lotte Corp. Industrial Conglomerates 1,344 43,674
LOTTE Fine Chemical Co. Ltd. Chemicals 882 44,819
Lotte Shopping Co. Ltd. Multiline Retail 574 54,161
LS Corp. Electrical Equipment 882 57,972
Mando Corp. Auto Components 1,666 90,178
Medytox Inc. Biotechnology 221 35,603
Mirae Asset Daewoo Co. Ltd. Capital Markets 6,804 28,561
Mirae Asset Daewood Co. Ltd. Capital Markets 17,864 155,239
Naver Corp. Interactive Media & Services 6,762 1,820,754
NCSoft Corp. Entertainment 854 731,910
a,b Netmarble Corp Entertainment 868 105,074
NH Investment & Securities Co. Ltd. Capital Markets 6,566 68,301
a NHN Corp. Entertainment 490 33,650
Nongshim Co. Ltd. Food Products 168 46,396
a OCI Co. Ltd. Chemicals 910 77,907
Orion Corp. Food Products 1,106 126,249
Ottogi Corp. Food Products 70 37,181
Paradise Co. Ltd. Hotels, Restaurants & Leisure 2,338 32,930
POSCO Metals & Mining 3,486 872,864
a POSCO Chemical Co. Ltd. Construction Materials 1,146 109,716
a Posco Chemical Co. Ltd., rts., 1/14/21 Construction Materials 204 5,718
Posco International Corp. Trading Companies & Distributors 2,478 33,191
S-1 Corp. Commercial Services & Supplies 966 75,587
S-Oil Corp. Oil, Gas & Consumable Fuels 2,100 133,775
a,b Samsung Biologics Co. Ltd. Life Sciences Tools & Services 678 515,537
Samsung C&T Corp. Industrial Conglomerates 4,270 542,447
Samsung Card Co. Ltd. Consumer Finance 1,512 45,236
  Electronic Equipment, Instruments &    
Samsung Electro-Mechanics Co. Ltd. Components 2,842 465,687
  Technology Hardware, Storage &    
Samsung Electronics Co. Ltd. Peripherals 103,824 7,741,640
a Samsung Engineering Co. Ltd. Construction & Engineering 7,966 97,164
Samsung Fire & Marine Insurance Co. Ltd. Insurance 1,680 289,975
a Samsung Heavy Industries Co. Ltd. Machinery 22,428 145,349
Samsung Life Insurance Co. Ltd. Insurance 3,248 236,506
  Electronic Equipment, Instruments &    
a Samsung SDI Co. Ltd. Components 2,688 1,553,957
Samsung SDS Co. Ltd. IT Services 1,624 266,854
Samsung Securities Co. Ltd. Capital Markets 3,248 120,944

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
a Shinhan Financial Group Co. Ltd. Banks 25,410 749,692
Shinsegae Co. Ltd. Multiline Retail 350 77,166
a SillaJen Inc. Biotechnology 1,616 18,000
a SK Biopharmaceuticals Co. Ltd. Pharmaceuticals 798 124,148
SK Holdings Co. Ltd. Industrial Conglomerates 1,596 353,344
  Semiconductors & Semiconductor    
a SK Hynix Inc. Equipment 26,418 2,881,831
SK Innovation Co. Ltd. Oil, Gas & Consumable Fuels 2,758 482,390
SK Networks Co. Ltd. Trading Companies & Distributors 6,972 31,160
SK Telecom Co. Ltd. Wireless Telecommunication Services 1,344 294,460
SKC Co. Ltd. Chemicals 966 83,590
Ssangyong Cement Industrial Co. Ltd. Construction Materials 5,292 32,542
a Woori Financial Group Inc. Banks 25,956 232,488
Yuhan Corp. Pharmaceuticals 2,439 168,617
Total Common Stocks (Cost $32,963,882)     40,470,131
Preferred Stocks 4.2%      
South Korea 4.2%      
c Amorepacific Corp., 1.621%, pfd. Personal Products 532 30,364
c CJ CheilJedang Corp., 2.119%, pfd. Food Products 70 10,794
c Hyundai Motor Co., 3.446%, pfd. Automobiles 1,134 92,386
c Hyundai Motor Co., 3.460%, pfd. 2 Automobiles 1,792 147,807
c LG Chem Ltd., 0.537%, pfd. Chemicals 392 137,667
c LG Electronics, Inc., 1.254%, pfd. Household Durables 882 51,801
c LG Household & Health Care Ltd., 1.539%, pfd. Personal Products 112 74,027
  Technology Hardware, Storage &    
c Samsung Electronics Co. Ltd., 1.443%, pfd. Peripherals 18,186 1,232,155
c Samsung Fire & Marine Insurance Co. Ltd., 5.948%, pfd. Insurance 140 18,430
Total Preferred Stocks (Cost $1,272,674)     1,795,431
Total Investments (Cost $34,236,556) 98.9%     42,265,562
 
Other Assets, less Liabilities 1.1%     476,239
Net Assets 100.0%   $ 42,741,801

 

aNon-income producing. bSecurity exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of December 31, 2020, these securities had a total value of $620,611 or 1.5% of net assets. cVariable rate security. The rate shown represents the yield at period end.

 

FRANKLIN TEMPLETON ETF TRUST              
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
 
At December 31, 2020, 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              
Kospi 200 Mini Long 17 $ 304,507 1/14/21 $ 11,271
Kospi 200 Mini Long 5   89,685 2/10/21   2,421
Total Futures Contracts         $   13,692
*As of period end.              

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Switzerland ETF Industry Shares   Value
Common Stocks 99.0%        
Switzerland 99.0%        
ABB Ltd. Electrical Equipment 34,884 $ 975,150
Adecco Group AG Professional Services 2,889   193,352
a Alcon Inc. Health Care Equipment & Supplies 8,595   572,125
Baloise Holding AG Insurance 837   149,135
Banque Cantonale Vaudoise Banks 531   57,849
Barry Callebaut AG Food Products 54   128,532
Chocoladefabriken Lindt & Spruengli AG Food Products 38   370,994
Cie Financiere Richemont SA Textiles, Apparel & Luxury Goods 9,873   894,428
Clariant AG Chemicals 4,239   90,252
Credit Suisse Group AG Capital Markets 43,749   564,216
DKSH Holding AG Professional Services 666   50,141
EMS-Chemie Holding AG Chemicals 135   130,273
a Flughafen Zurich AG Transportation Infrastructure 360   63,574
Geberit AG Building Products 666   417,554
Georg Fischer AG Machinery 81   104,463
Givaudan AG Chemicals 175   738,447
Helvetia Holding AG Insurance 648   68,469
Julius Baer Group Ltd. Capital Markets 4,059   234,186
Kuehne + Nagel International AG Marine 936   212,624
a LafargeHolcim Ltd., B Construction Materials 9,594   527,700
  Technology Hardware, Storage &      
Logitech International SA Peripherals 2,754   267,689
Lonza Group AG Life Sciences Tools & Services 1,440   926,604
Nestle SA Food Products 46,296   5,460,514
Novartis AG Pharmaceuticals 36,144   3,420,381
OC Oerlikon Corp. AG Machinery 3,573   36,985
Partners Group Holding AG Capital Markets 423   497,675
PSP Swiss Property AG Real Estate Management & Development 810   108,403
Roche Holding AG Pharmaceuticals 443   155,359
Roche Holding AG Pharmaceuticals 11,637   4,067,914
Schindler Holding AG Machinery 351   94,664
Schindler Holding AG, PC Machinery 765   206,492
SGS SA Professional Services 108   326,217
a SIG Combibloc Group AG Containers & Packaging 5,976   138,862
Sika AG Chemicals 2,628   718,876
a Sonova Holding AG Health Care Equipment & Supplies 981   255,252
Straumann Holding AG Health Care Equipment & Supplies 189   220,548
Sulzer AG Machinery 324   34,125
Swatch Group AG Textiles, Apparel & Luxury Goods 540   147,531
Swatch Group AG Textiles, Apparel & Luxury Goods 819   43,324
Swiss Life Holding AG Insurance 594   277,126
Swiss Prime Site AG Real Estate Management & Development 1,413   138,910
Swiss Re AG Insurance 5,256   495,543
Swisscom AG Diversified Telecommunication Services 477   257,454
Temenos AG Software 1,134   158,628
UBS Group AG Capital Markets 65,295   921,125
a,bVAT Group AG, Reg S Machinery 477   119,149
Vifor Pharma AG Pharmaceuticals 972   152,846
Zurich Insurance Group AG Insurance 2,961   1,251,127
Total Investments (Cost $25,448,438) 99.0%       27,442,787
 
Other Assets, less Liabilities 1.0%       277,296
Net Assets 100.0%     $ 27,720,083
 
aNon-income producing.        

 

 

FRANKLIN TEMPLETON ETF TRUST

STATEMENT OF INVESTMENTS, December 31, 2020 (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. At December 31, 2020, the value of this security was $119,149, representing 0.4% of net assets.

At December 31, 2020, 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)
Index Contracts              
Swiss Mid Cap Long 6 $ 194,264 3/19/21 $ 7,052

 

*      As of period end.
 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE Taiwan ETF Industry Shares   Value
Common Stocks 99.8%        
China 1.4%        
Airtac International Group Machinery 4,500 $ 144,138
  Semiconductors & Semiconductor      
Silergy Corp. Equipment 1,860   159,535
        303,673
Taiwan 98.4%        
Accton Technology Corp. Communications Equipment 16,000   179,942
  Technology Hardware, Storage &      
Acer Inc. Peripherals 87,000   73,228
  Technology Hardware, Storage &      
Advantech Co. Ltd. Peripherals 12,098   150,698
  Semiconductors & Semiconductor      
ASE Industrial Holding Co. Ltd. Equipment 104,000   300,918
Asia Cement Corp. Construction Materials 72,000   110,698
  Semiconductors & Semiconductor      
ASMedia Technology Inc. Equipment 1,200   67,051
  Technology Hardware, Storage &      
Asustek Computer Inc. Peripherals 21,600   192,569
  Electronic Equipment, Instruments &      
a AU Optronics Corp. Components 267,000   133,034
Capital Securities Corp. Capital Markets 66,000   31,828
  Technology Hardware, Storage &      
Catcher Technology Co. Ltd. Peripherals 22,000   161,293
Cathay Financial Holding Co. Ltd. Insurance 254,000   381,931
Chailease Holding Co. Ltd. Diversified Financial Services 39,523   236,311
Chang Hwa Commercial Bank Ltd. Banks 199,560   127,486
Cheng Shin Rubber Industry Co. Ltd. Auto Components 57,000   89,360
  Technology Hardware, Storage &      
Chicony Electronics Co. Ltd. Peripherals 17,030   52,245
a China Airlines Ltd. Airlines 78,000   33,451
China Development Financial Holding Corp. Insurance 429,000   141,992
China Life Insurance Co. Ltd. Insurance 93,400   73,795
a China Motor Corp. Automobiles 9,000   16,208
China Steel Corp. Metals & Mining 384,000   338,245
Chunghwa Telecom Co. Ltd. Diversified Telecommunication Services 114,000   442,238
  Technology Hardware, Storage &      
Compal Electronics Inc. Peripherals 126,000   92,825
CTBC Financial Holding Co. Ltd. Banks 559,000   391,925
  Electronic Equipment, Instruments &      
Delta Electronics Inc. Components 66,000   617,766
E.Sun Financial Holding Co. Ltd. Banks 367,600   334,265
Eclat Textile Co. Ltd. Textiles, Apparel & Luxury Goods 6,000   90,220
  Semiconductors & Semiconductor      
a ENNOSTAR Inc Equipment 30,000   44,202
Eternal Materials Co. Ltd. Chemicals 30,630   39,844
EVA Airways Corp. Airlines 72,000   33,696
a Evergreen Marine Corp. Taiwan Ltd. Marine 74,035   107,240
Far Eastern International Bank Banks 64,732   24,996
Far Eastern New Century Corp. Industrial Conglomerates 123,000   126,730
Far EasTone Telecommunications Co. Ltd. Wireless Telecommunication Services 48,000   104,548
Feng Tay Enterprise Co. Ltd. Textiles, Apparel & Luxury Goods 13,200   93,722
First Financial Holding Co. Ltd. Banks 311,910   237,002
Formosa Chemicals & Fibre Corp. Chemicals 75,000   226,084
Formosa Petrochemical Corp. Oil, Gas & Consumable Fuels 42,000   149,178
Formosa Plastics Corp. Chemicals 150,000   514,627
Formosa Taffeta Co. Ltd. Textiles, Apparel & Luxury Goods 30,000   33,152
  Electronic Equipment, Instruments &      
Foxconn Technology Co. Ltd. Components 34,000   64,617
Fubon Financial Holding Co. Ltd. Insurance 228,000   379,351

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
  Electronic Equipment, Instruments &    
Genius Electronic Optical Co. Ltd. Components 2,500 50,448
Giant Manufacturing Co. Ltd. Leisure Products 9,000 88,085
  Semiconductors & Semiconductor    
Globalwafers Co. Ltd. Equipment 6,300 158,744
Hiwin Technologies Corp. Machinery 8,240 112,758
  Electronic Equipment, Instruments &    
Hon Hai Precision Industry Co. Ltd. Components 332,000 1,087,052
Hotai Motor Co. Ltd. Specialty Retail 9,780 223,807
  Technology Hardware, Storage &    
a HTC Corp. Peripherals 15,000 16,416
Hua Nan Financial Holdings Co. Ltd. Banks 294,464 191,258
  Electronic Equipment, Instruments &    
Innolux Corp. Components 261,000 130,974
  Technology Hardware, Storage &    
Inventec Corp. Peripherals 93,000 79,436
  Electronic Equipment, Instruments &    
Largan Precision Co. Ltd. Components 2,920 332,031
  Technology Hardware, Storage &    
Lite-On Technology Corp. Peripherals 67,000 118,749
  Semiconductors & Semiconductor    
MediaTek Inc. Equipment 45,000 1,196,348
Mega Financial Holding Co. Ltd. Banks 334,000 354,232
  Technology Hardware, Storage &    
Micro-Star International Co. Ltd. Peripherals 19,000 89,597
momo.com Inc. Internet & Direct Marketing Retail 1,300 29,472
Nan Ya Plastics Corp. Chemicals 174,000 445,249
  Semiconductors & Semiconductor    
Nanya Technology Corp. Equipment 24,000 74,140
Nien Made Enterprise Co. Ltd. Household Durables 4,000 46,409
  Semiconductors & Semiconductor    
Novatek Microelectronics Corp. Ltd. Equipment 17,500 229,821
a OBI Pharma Inc. Biotechnology 4,194 20,748
  Semiconductors & Semiconductor    
Parade Technologies Ltd. Equipment 2,000 79,009
  Technology Hardware, Storage &    
Pegatron Corp. Peripherals 60,000 143,711
Pou Chen Corp. Textiles, Apparel & Luxury Goods 81,000 90,519
  Semiconductors & Semiconductor    
Powertech Technology Inc. Equipment 21,000 70,927
President Chain Store Corp. Food & Staples Retailing 17,000 161,239
  Technology Hardware, Storage &    
Quanta Computer Inc. Peripherals 80,000 230,337
  Semiconductors & Semiconductor    
Realtek Semiconductor Corp. Equipment 14,000 194,569
Shin Kong Financial Holding Co. Ltd. Insurance 363,530 113,983
SinoPac Financial Holdings Co. Ltd. Banks 324,040 132,047
  Electronic Equipment, Instruments &    
Synnex Technology International Corp. Components 42,000 70,254
Taishin Financial Holding Co. Ltd. Banks 322,195 151,935
Taiwan Business Bank Banks 154,050 53,346
Taiwan Cement Corp. Construction Materials 160,352 246,537
Taiwan Cooperative Financial Holding Co. Ltd. Banks 296,460 214,711
Taiwan Fertilizer Co. Ltd. Chemicals 24,000 46,295
a Taiwan Glass Industry Corp. Building Products 51,000 35,394
Taiwan High Speed Rail Corp. Transportation Infrastructure 63,000 71,076
Taiwan Mobile Co. Ltd. Wireless Telecommunication Services 50,000 175,991
Taiwan Secom Co. Ltd. Commercial Services & Supplies 9,000 28,411
  Semiconductors & Semiconductor    
Taiwan Semiconductor Manufacturing Co. Ltd. Equipment 261,000 4,923,126
Teco Electric & Machinery Co. Ltd. Electrical Equipment 54,000 53,139
  Electronic Equipment, Instruments &    
a TPK Holding Co. Ltd. Components 10,000 16,478

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
  Technology Hardware, Storage &    
Transcend Information Inc. Peripherals 6,000 13,880
U-Ming Marine Transport Corp. Marine 12,000 15,759
Uni-President Enterprises Corp. Food Products 147,000 353,139
  Electronic Equipment, Instruments &    
Unimicron Technology Corp. Components 39,000 121,311
  Semiconductors & Semiconductor    
United Microelectronics Corp. Equipment 354,000 594,032
  Semiconductors & Semiconductor    
Vanguard International Semiconductor Corp. Equipment 27,000 111,467
Walsin Lihwa Corp. Electrical Equipment 96,000 65,941
  Electronic Equipment, Instruments &    
Walsin Technology Corp. Components 15,000 123,051
Wan Hai Lines Ltd. Marine 24,000 45,185
  Semiconductors & Semiconductor    
Win Semiconductors Corp. Equipment 12,000 147,768
  Technology Hardware, Storage &    
Wistron Corp. Peripherals 84,000 92,676
  Technology Hardware, Storage &    
Wiwynn Corp. Peripherals 2,500 62,638
  Electronic Equipment, Instruments &    
Yageo Corp. Components 13,500 248,879
Yuanta Financial Holding Co. Ltd. Diversified Financial Services 361,560 264,434
a Yulon Motor Co. Ltd. Automobiles 17,165 28,651
Yulon Nissan Motor Co. Ltd. Automobiles 1,000 9,218
  Electronic Equipment, Instruments &    
Zhen Ding Technology Holding Ltd. Components 18,000 73,030
      21,790,378
Total Investments (Cost $14,250,537) 99.8%     22,094,051
 
Other Assets, less Liabilities 0.2%     34,753
Net Assets 100.0%   $ 22,128,804
 
aNon-income producing.      

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin FTSE United Kingdom ETF Industry Shares   Value
Common Stocks 99.7%        
Australia 4.8%        
a Glencore PLC Metals & Mining 551,320 $ 1,755,950
Rio Tinto PLC Metals & Mining 55,550   4,153,592
        5,909,542
Germany 0.7%        
a,b,c Just Eat Takeaway.com NV, 144A, Reg S Internet & Direct Marketing Retail 6,050   683,106
d TUI AG Hotels, Restaurants & Leisure 22,550   141,300
        824,406
Ireland 2.9%        
CRH PLC Construction Materials 40,040   1,673,724
a Flutter Entertainment PLC Hotels, Restaurants & Leisure 6,490   1,340,484
Smurfit Kappa Group PLC Containers & Packaging 13,090   614,816
        3,629,024
Kazakhstan 0.1%        
KAZ Minerals PLC Metals & Mining 11,440   103,210
Russia 0.5%        
Evraz PLC Metals & Mining 29,810   192,171
Polymetal International PLC Metals & Mining 17,710   407,795
        599,966
Switzerland 0.3%        
a Coca-Cola HBC AG Beverages 10,010   325,249
United Arab Emirates 0.0%†        
a NMC Health PLC Health Care Providers & Services 3,705   —
United Kingdom 90.4%        
3i Group PLC Capital Markets 48,620   769,619
Admiral Group PLC Insurance 10,560   419,481
Anglo American PLC Metals & Mining 62,810   2,081,629
Antofagasta PLC Metals & Mining 17,930   353,058
Ashmore Group PLC Capital Markets 23,210   136,806
Ashtead Group PLC Trading Companies & Distributors 22,880   1,075,262
a Associated British Foods PLC Food Products 17,710   548,084
AstraZeneca PLC Pharmaceuticals 67,210   6,728,754
Auto Trader Group PLC Interactive Media & Services 48,180   392,523
Avast PLC Software 28,490   209,326
AVEVA Group PLC Software 5,728   250,713
Aviva PLC Insurance 200,200   889,953
B&M European Value Retail SA Multiline Retail 44,110   311,249
BAE Systems PLC Aerospace & Defense 165,000   1,102,472
a Barclays PLC Banks 883,520   1,771,494
a Barratt Developments PLC Household Durables 51,700   473,498
Bellway PLC Household Durables 6,270   253,266
BHP Group PLC Metals & Mining 106,260   2,796,102
BP PLC Oil, Gas & Consumable Fuels 1,014,090   3,532,062
British American Tobacco PLC Tobacco 116,710   4,320,253
  Equity Real Estate Investment Trusts      
British Land Co. PLC (REITs) 47,190   315,436
BT Group PLC Diversified Telecommunication Services 444,730   803,979
Bunzl PLC Trading Companies & Distributors 17,160   573,051
a Burberry Group PLC Textiles, Apparel & Luxury Goods 20,790   508,556
a Centrica PLC Multi-Utilities 298,320   190,029
Compass Group PLC Hotels, Restaurants & Leisure 91,080   1,696,959
ConvaTec Group PLC Health Care Equipment & Supplies 82,390   224,345
Croda International PLC Chemicals 6,930   624,836
DCC PLC Industrial Conglomerates 5,060   358,150
  Equity Real Estate Investment Trusts      
Derwent London PLC (REITs) 5,170   218,798
Diageo PLC Beverages 117,260   4,613,103

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Direct Line Insurance Group PLC Insurance 69,740 304,106
a DS Smith PLC Containers & Packaging 65,230 334,016
easyJet PLC Airlines 11,550 131,043
a Entain PLC Hotels, Restaurants & Leisure 30,030 465,296
Experian PLC Professional Services 46,420 1,762,112
Ferguson PLC Trading Companies & Distributors 11,550 1,402,629
Fresnillo PLC Metals & Mining 9,570 147,758
GlaxoSmithKline PLC Pharmaceuticals 252,010 4,622,987
  Electronic Equipment, Instruments &    
Halma PLC Components 19,360 648,107
Hargreaves Lansdown PLC Capital Markets 18,260 380,648
Hikma Pharmaceuticals PLC Pharmaceuticals 8,690 299,108
a Hiscox Ltd. Insurance 17,050 231,666
HomeServe PLC Commercial Services & Supplies 14,190 198,819
a Howden Joinery Group PLC Trading Companies & Distributors 29,480 277,893
a HSBC Holdings PLC Banks 1,042,030 5,396,348
IMI PLC Machinery 13,640 217,216
Imperial Brands PLC Tobacco 48,070 1,008,966
a Informa PLC Media 77,330 580,327
a InterContinental Hotels Group PLC Hotels, Restaurants & Leisure 9,240 592,376
Intermediate Capital Group PLC Capital Markets 14,410 339,983
International Consolidated Airlines Group SA Airlines 57,970 126,629
Intertek Group PLC Professional Services 8,250 636,944
a ITV PLC Media 193,270 282,155
J Sainsbury PLC Food & Staples Retailing 84,700 261,085
a JD Sports Fashion PLC Specialty Retail 22,220 261,213
Johnson Matthey PLC Chemicals 9,790 324,524
a Kingfisher PLC Specialty Retail 109,450 404,553
  Equity Real Estate Investment Trusts    
Land Securities Group PLC (REITs) 36,410 335,355
Legal & General Group PLC Insurance 304,810 1,109,148
a Lloyds Banking Group PLC Banks 3,595,790 1,791,122
London Stock Exchange Group PLC Capital Markets 16,170 1,991,090
M&G PLC Diversified Financial Services 132,880 359,557
a Meggitt PLC Aerospace & Defense 39,710 253,223
a Melrose Industries PLC Electrical Equipment 245,850 598,363
Mondi PLC Paper & Forest Products 24,970 586,912
National Grid PLC Multi-Utilities 179,300 2,120,063
a Natwest Group PLC Banks 232,210 532,154
a Next PLC Multiline Retail 6,490 628,635
a Ocado Group PLC Internet & Direct Marketing Retail 25,080 784,054
Pearson PLC Media 38,830 361,147
Pennon Group PLC Water Utilities 21,450 278,550
Persimmon PLC Household Durables 16,390 619,927
Phoenix Group Holdings PLC Insurance 27,610 264,417
Prudential PLC Insurance 133,540 2,458,846
Quilter PLC Capital Markets 89,320 187,539
Reckitt Benckiser Group PLC Household Products 32,230 2,882,194
RELX PLC Professional Services 94,930 2,326,029
  Electronic Equipment, Instruments &    
a Renishaw PLC Components 1,760 138,576
a Rentokil Initial PLC Commercial Services & Supplies 94,820 660,514
a Rightmove PLC Interactive Media & Services 44,220 393,386
a Rolls-Royce Holdings PLC Aerospace & Defense 381,700 580,463
Royal Dutch Shell PLC, A Oil, Gas & Consumable Fuels 209,770 3,721,376
Royal Dutch Shell Plc, B Oil, Gas & Consumable Fuels 189,640 3,264,721
RSA Insurance Group PLC Insurance 52,800 488,913
Schroders PLC Capital Markets 5,720 260,918
  Equity Real Estate Investment Trusts    
Segro PLC (REITs) 60,720 786,519
Severn Trent PLC Water Utilities 12,100 378,603
Smith & Nephew PLC Health Care Equipment & Supplies 44,660 921,824
Smiths Group PLC Industrial Conglomerates 20,240 416,251
Spirax-Sarco Engineering PLC Machinery 3,740 577,445

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
SSE PLC Electric Utilities 53,570   1,098,412
St. James's Place Capital PLC Capital Markets 26,950   417,573
a Standard Chartered PLC Banks 132,110   841,358
Standard Life Aberdeen PLC Capital Markets 111,320   428,051
Tate & Lyle PLC Food Products 23,870   220,051
a Taylor Wimpey PLC Household Durables 184,910   419,080
Tesco PLC Food & Staples Retailing 494,450   1,564,005
The Berkeley Group Holdings PLC Household Durables 5,940   385,035
The Sage Group PLC Software 55,770   443,686
a Travis Perkins PLC Trading Companies & Distributors 12,870   236,973
Unilever PLC Personal Products 130,130   7,812,539
United Utilities Group PLC Water Utilities 34,870   426,606
Vodafone Group PLC Wireless Telecommunication Services 1,369,610   2,264,224
a Weir Group PLC Machinery 13,200   358,980
a Whitbread PLC Hotels, Restaurants & Leisure 10,450   442,823
William Morrison Supermarkets PLC Food & Staples Retailing 115,060   278,938
WPP PLC Media 61,270   670,024
        111,547,545
Total Common Stocks (Cost $127,719,320)       122,938,942
Short Term Investments 0.1%        
Investments from Cash Collateral Received for Loaned Securities 0.1%      
United States 0.1%        
e,f Institutional Fiduciary Trust Portfolio, 0.00% Money Market Funds 82,196   82,196
Total Investments (Cost $127,801,516) 99.8%       123,021,138
 
Other Assets, less Liabilities 0.2%       302,627
Net Assets 100.0%     $ 123,323,765

 

+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. At December 31, 2020, the value of this security was $683,106, representing 0.6% 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. At December 31, 2020, the value of this security was $683,106, representing 0.6% of net assets.

dA portion or all of the security is on loan at December 31, 2020.

eThe rate shown is the annualized seven-day effective yield at period end.

fSee Note 5 regarding investments in affiliated management investment companies.

 

FRANKLIN TEMPLETON ETF TRUST                
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)          
 
 
At December 31, 2020, 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 3 $ 263,274 3/19/21 $ (3,353 )
*As of period end.                
Abbreviations                
Selected Portfolio                

 

REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST

Statement of Investments, December 31, 2020 (unaudited)

Franklin Liberty High Yield Corporate ETF Country Principal Amount*   Value
Corporate Bonds & Notes 96.8%        
Airlines 0.8%        
a Delta Air Lines Inc./SkyMiles IP Ltd., senior secured note, 144A, 4.75%,        
10/20/28 United States 1,200,000 $ 1,310,788
a Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd.,        
senior secured note, first lien, 144A, 6.50%, 6/20/27 United States 500,000   538,438
        1,849,226
Automobiles & Components 3.4%        
a Adient U.S. LLC, senior secured note, 144A, 7.00%, 5/15/26 United States 1,700,000   1,851,895
a Allison Transmission Inc., senior bond, 144A, 3.75%, 1/30/31 United States 1,000,000   1,025,000
Dana Inc., senior note, 5.625%, 6/15/28 United States 1,400,000   1,509,711
a Navistar International Corp., senior note, 144A, 6.625%, 11/01/25 United States 400,000   419,560
The Goodyear Tire and Rubber Co.,        
senior bond, 4.875%, 3/15/27 United States 1,300,000   1,331,687
senior note, 9.50%, 5/31/25 United States 1,500,000   1,697,325
        7,835,178
Capital Goods 9.5%        
a ATS Automation Tooling Systems Inc., senior note, 144A, 4.125%,        
12/15/28 Canada 2,000,000   2,040,000
a Beacon Roofing Supply Inc., senior note, 144A, 4.875%, 11/01/25 United States 1,500,000   1,538,347
a Cemex SAB de CV, senior secured note, 144A, 5.200%, 5.20%, 9/17/30 Mexico 1,200,000   1,317,300
a Cornerstone Building Brands Inc., senior note, 144A, 6.125%, 1/15/29 United States 300,000   319,313
a Harsco Corp., senior note, 144A, 5.75%, 7/31/27 United States 1,100,000   1,165,312
Jeld-Wen Inc.,        
a senior bond, 144A, 4.875%, 12/15/27 United States 1,600,000   1,696,000
a senior note, 144A, 4.625%, 12/15/25 United States 500,000   512,078
a NCI Building Systems Inc., senior secured note, 144A, 8.00%, 4/15/26 United States 2,500,000   2,634,375
a Stericycle Inc., Senior note, 144A, 3.875%, 1/15/29 United States 1,800,000   1,851,750
a Summit Materials LLC/Summit Materials Finance Corp., senior note, 144A,        
5.25%, 1/15/29 United States 900,000   946,125
a The Manitowoc Co. Inc., secured note, second lien, 144A, 9.00%, 4/01/26 United States 2,200,000   2,380,125
a TransDigm Inc., senior secured note, 144A, 6.25%, 3/15/26 United States 3,100,000   3,305,390
a Vertical Holdco GmbH, 144A, 7.625%, 7/15/28 Germany 300,000   327,563
a Vertical U.S. Newco Inc., senior note, 144A, 5.25%, 7/15/27 Germany 600,000   637,125
WESCO Distribution Inc.,        
a senior note, 144A, 7.125%, 6/15/25 United States 500,000   550,577
a senior note, 144A, 7.25%, 6/15/28 United States 400,000   455,478
        21,676,858
Commercial & Professional Services 3.0%        
a Ahern Rentals Inc., secured note, senior lien, 144A, 7.375%, 5/15/23 United States 1,500,000   1,099,687
a H&E Equipment Services Inc,, senior note, 144A, 3.875%, 12/15/28 United States 1,300,000   1,311,414
a Herc Holdings Inc., senior note, 144A, 5.50%, 7/15/27 United States 1,600,000   1,699,000
a MPH Acquisition Holdings LLC, senior note, 144A, 5.75%, 11/01/28 United States 2,200,000   2,153,250
a Prime Security Services Borrower LLC/Prime Finance Inc., senior secured        
note, first lien, 144A, 3.375%, 8/31/27 United States 600,000   596,250
        6,859,601
Consumer Durables & Apparel 2.5%        
a Ashton Woods USA LLC/Ashton Woods Finance Co., senior note, 144A,        
9.875%, 4/01/27 United States 2,400,000   2,705,544
a Williams Scotsman International Inc., senior secured note, 144A, 4.625%,        
8/15/28 United States 2,900,000   3,006,937
        5,712,481
Consumer Services 5.3%        
a 1011778 BC ULC/New Red Finance Inc., senior secured bond, second lien,        
144A, 4.00%, 10/15/30 Canada 1,600,000   1,624,656
a,b 24 Hour Holdings III LLC, senior note, 144A, 8.00%, 6/01/22 United States 800,000   6,080
a Boyd Gaming Corp., senior note, 144A, 8.625%, 6/01/25 United States 1,200,000   1,336,128
a Carnival Corp., senior note,144A, 7.625%, 3/01/26 Panama 700,000   763,955

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
a Downstream Development Authority of the Quapaw Tribe of Oklahoma,      
secured note, 144A, 10.50%, 2/15/23 United States 100,000 101,865
a Golden Nugget Inc., senior note, 144A, 6.75%, 10/15/24 United States 400,000 397,628
a International Game Technology PLC, senior secured note, first lien, 144A,      
5.25%, 1/15/29 United States 400,000 431,642
a Melco Resorts Finance Ltd., senior note, 144A, 5.75%, 7/21/28 Hong Kong 1,200,000 1,280,100
a NCL Corp. Ltd., senior note, 144A, 5.875%, 3/15/26 Bermuda 500,000 527,813
a Vail Resorts Inc., senior note, 144A, 6.25%, 5/15/25 United States 800,000 855,000
a Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., senior bond, 144A,      
5.50%, 3/01/25 United States 2,300,000 2,407,341
a Wynn Macau Ltd., senior note, 144A, 5.625%, 8/26/28 Cayman Islands 800,000 839,944
a Wynn Resorts Finance LLC/Wynn Resorts Capital Corp., senior note,      
144A, 7.75%, 4/15/25 United States 1,300,000 1,410,454
      11,982,606
Diversified Financials 7.8%      
a Five Point Operating Co. LP/Five Point Capital Corp., senior note, 144A,      
7.875%, 11/15/25 United States 2,000,000 2,120,850
a Global Net Lease Inc / Global Net Lease Operating Partnership LP, senior      
note, 144A, 3.75%, 12/15/27 United States 1,300,000 1,342,767
a HAT Holdings I LLC/HAT Holdings II LLC, senior note, 144A, 6.00%,      
4/15/25 United States 200,000 214,250
a MGM Growth Properties Operating Partnership LP/MGP Finance Co-Issuer      
Inc., senior note, 144A, 3.875%, 2/15/29 United States 500,000 512,188
MPT Operating Partnership LP/MPT Finance Corp.,      
senior bond, 3.50%, 3/15/31 United States 1,500,000 1,551,562
senior bond, 5.00%, 10/15/27 United States 1,400,000 1,491,735
a Park Intermediate Holdings LLC/PK Domestic Property LLC/ PK Finance      
Co-Issuer, senior note, 144A, 5.875%, 10/01/28 United States 1,900,000 2,027,062
a PennyMac Financial Services Inc., senior note, 144A, 5.375%, 10/15/25 United States 1,500,000 1,588,125
Quicken Loans LLC/Quicken Loans Co.-Issuer Inc.,      
a senior bond, 144A, 3.875%, 3/01/31 United States 1,400,000 1,456,000
a senior note, 144A, 3.625%, 3/01/29 United States 600,000 613,125
Springleaf Finance Corp.,      
senior bond, 5.375%, 11/15/29 United States 1,600,000 1,804,000
senior note, 6.625%, 1/15/28 United States 900,000 1,070,271
a The Howard Hughes Corp., senior note, 144A, 5.375%, 8/01/28 United States 500,000 538,688
a United Shore Financial Services LLC, senior note, 144A, 5.50%, 11/15/25 United States 1,400,000 1,478,750
      17,809,373
Energy 14.6%      
a Antero Resources Corp., senior note, 144A, 8.375%, 7/15/26 United States 300,000 306,957
Apache Corp.,      
senior note, 4.625%, 11/15/25 United States 400,000 420,500
c senior note, Reg S, 4.875%, 11/15/27 United States 1,400,000 1,486,100
Calumet Specialty Products Partners LP/Calumet Finance Corp., senior      
note, 7.75%, 4/15/23 United States 1,400,000 1,370,103
Cenovus Energy Inc.,      
senior bond, 5.40%, 6/15/47 Canada 100,000 117,395
senior bond, 6.75%, 11/15/39 Canada 1,100,000 1,454,349
senior note, 5.375%, 7/15/25 Canada 400,000 451,244
Cheniere Energy Inc., 4.625%, 4.625%, 10/15/28 United States 2,400,000 2,523,000
Cheniere Energy Partners LP,      
senior note, 4.50%, 10/01/29 United States 1,900,000 2,012,613
senior secured note, first lien, 5.25%, 10/01/25 United States 600,000 616,350
Comstock Resources Inc., senior note, 9.75%, 8/15/26 United States 2,600,000 2,791,750
a Continental Resources Inc./OK, senior bond, 144A, 5.75%, 1/15/31 United States 1,000,000 1,111,855
a Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.,      
senior note, 144A, 5.625%, 5/01/27 United States 1,600,000 1,587,000
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.,      
senior note, 5.75%, 4/01/25 United States 600,000 612,000
a CSI Compressco LP/CSI Compressco Finance Inc., senior secured note,      
first lien, 144A, 7.50%, 4/01/25 United States 1,100,000 1,043,510
a CVR Energy Inc., senior note, 144A, 5.25%, 2/15/25 United States 2,500,000 2,417,187
Endeavor Energy Resources LP/EER Finance Inc.,      

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
a senior bond, 144A, 5.75%, 1/30/28 United States 800,000 864,160
a senior note, 144A, 6.625%, 7/15/25 United States 500,000 535,780
EnLink Midstream LLC, senior bond, 5.375%, 6/01/29 United States 1,100,000 1,071,812
EnLink Midstream Partners LP, senior note, 4.15%, 6/01/25 United States 1,900,000 1,866,750
EQT Corp., senior note, 6.125% to 8/01/20, 7.875% thereafter, 2/01/25 United States 2,000,000 2,280,290
Martin Midstream Partners LP,      
a senior note, second lien, 144A, 11.50%, 2/28/25 United States 86,248 83,445
a senior secured note, 144A, 10.00%, 2/29/24 United States 18,992 19,419
a Nabors Industries Ltd., senior note, 144A, 7.25%, 1/15/26 United States 1,100,000 773,350
Occidental Petroleum Corp.,      
senior bond, 6.45%, 9/15/36 United States 300,000 314,550
senior bond, 6.625%,9/01/30 United States 200,000 217,450
senior bond, 8.875%, 7/15/30 United States 900,000 1,058,062
senior note, FRN, 1.671%, 8/15/22 United States 100,000 98,039
senior note, 5.55%, 3/15/26 United States 1,000,000 1,045,360
senior note, 6.125%,1/01/31 United States 600,000 643,620
QEP Resources Inc., senior note, 5.625%, 3/01/26 United States 500,000 549,213
Sunoco LP/Sunoco Finance Corp.,      
a senior note, 144A, 4.50%, 5/15/29 United States 800,000 833,500
senior note, 6.00%, 4/15/27 United States 500,000 532,135
a Viper Energy Partners LP, senior note, 144A, 5.375%, 11/01/27 United States 200,000 209,338
      33,318,186
Food, Beverage & Tobacco 3.3%      
a Chobani LLC / Chobani Finance Corp Inc., first lien, 144A, 4.625%,      
11/15/28 United States 1,300,000 1,322,750
a JBS USA LUX SA/JBS USA Food Co./JBS USA Finance Inc., senior bond,      
144A, 5.50%, 1/15/30 United States 1,600,000 1,840,416
Kraft Heinz Foods Co.,      
6.75%, 3/15/32 United States 1,100,000 1,461,625
a senior bond, 144A, 4.25%, 3/01/31 United States 500,000 557,682
a senior note, 144A, 3.875%, 5/15/27 United States 300,000 323,527
a Post Holdings Inc., senior bond, 144A, 4.625%, 4/15/30 United States 1,800,000 1,895,778
      7,401,778
Health Care Equipment & Services 4.3%      
Centene Corp., senior note, 4.25%, 12/15/27 United States 1,700,000 1,805,936
a CHS/Community Health Systems Inc., senior secured note, 144A, 6.00%,      
1/15/29 United States 800,000 865,208
HCA Inc., senior bond, 3.50%, 9/01/30 United States 2,300,000 2,444,567
a MEDNAX Inc., senior note, 144A, 6.25%, 1/15/27 United States 400,000 429,492
a Molina Healthcare Inc., senior note, 144A, 3.875%, 11/15/30 United States 800,000 860,000
a Tenet Healthcare Corp., senior note, 144A, 6.125%, 10/01/28 United States 1,000,000 1,045,530
a The Providence Service Corp., senior note, 144A, 5.875%, 11/15/25 United States 2,200,000 2,330,625
      9,781,358
Household & Personal Products 2.1%      
a Spectrum Brands Inc., senior bond, 144A, 5.50%, 7/15/30 United States 2,300,000 2,482,563
Weekley Homes LLC/Weekley Finance Corp., senior note, 4.875%, 9/15/28 United States 2,200,000 2,304,500
      4,787,063
Insurance 2.2%      
a Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer, senior note,      
144A, 6.75%, 10/15/27 United States 1,700,000 1,821,873
MGIC Investment Corp., senior note, 5.25%, 8/15/28 United States 500,000 535,938
a NMI Holdings Inc., secured note, 144A, 7.375%, 6/01/25 United States 1,200,000 1,345,734
Radian Group Inc., senior note, 6.625%, 3/15/25 United States 1,200,000 1,361,250
      5,064,795
Materials 10.5%      
a,d Anagram International Inc., second lien, 144A, PIK, 10.00%, 8/15/26 United States 58,825 58,531
Ardagh Packaging Finance PLC/Ardagh Holdings USA Inc.,      
a senior note, 144A, 5.25%, 8/15/27 Luxembourg 700,000 735,567
a senior secured note, first lien, 144A, 5.25%, 4/30/25 Luxembourg 400,000 422,538
a Axalta Coating Systems LLC, senior note, 144A, 3.375%, 2/15/29 United States 800,000 801,500

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
a Element Solutions Inc., senior note, 144A, 3.875%, 9/01/28 United States 2,500,000 2,576,562
a Gates Global LLC/Gates Corp., senior note, 144A, 6.25%, 1/15/26 United States 1,800,000 1,893,006
HB Fuller Co., senior notesenior note, 4.25%, 10/15/28 United States 1,400,000 1,437,625
a Illuminate Buyer LLC/Illuminate Holdings IV Inc., senior note, 144A, 9.00%,      
7/01/28 United States 1,000,000 1,101,250
a Ingevity Corp., senior note, 144A, 3.875%, 11/01/28 United States 700,000 706,563
Mauser Packaging Solutions Holding Co.,      
a senior note, 144A, 7.25%, 4/15/25 United States 1,700,000 1,719,125
a senior note, 144A, 8.50%, 4/15/24 United States 1,500,000 1,560,000
a Neon Holdings Inc., senior note, 144A, 10.125%, 4/01/26 United States 650,000 713,375
a Novelis Corp., senior bond, 144A, 4.75%, 1/30/30 United States 400,000 431,696
a Owens-Brockway Glass Container Inc., senior note, 144A, 5.875%, 8/15/23 United States 2,000,000 2,146,250
a Plastipak Holdings Inc., senior note, 144A, 6.25%, 10/15/25 United States 500,000 515,938
a Rain CII Carbon LLC/CII Carbon Corp., senior note, second lien, 144A,      
7.25%, 4/01/25 United States 1,400,000 1,425,361
Reynolds Group Issuer Inc./Reynolds Group Issuer LLC/Reynolds Group      
Issuer Luxembourg SA, senior secured note, 4.000%, 4.00%, 10/15/27 United States 1,300,000 1,334,125
a Sealed Air Corp., senior bond, 144A, 5.125%, 12/01/24 United States 1,400,000 1,530,375
a TPC Group Inc., secured note, 144A, 10.50%, 8/01/24 United States 600,000 496,188
a Trivium Packaging Finance BV, senior secured note, 144A, 5.50%, 8/15/26 Netherlands 2,100,000 2,224,687
      23,830,262
Media & Entertainment 11.9%      
a Banijay Entertainment SASU, senior note, 144A, 5.375%, 3/01/25 France 1,200,000 1,247,544
a Caesars Entertainment Inc., senior secured note, 144A, 6.25%, 7/01/25 United States 900,000 959,629
CCO Holdings LLC/CCO Holdings Capital Corp.,      
a 144A, 4.25%, 2/01/31 United States 700,000 738,577
a senior bond, 144A, 4.50%, 8/15/30 United States 2,000,000 2,125,010
a senior bond, 144A, 5.375%, 6/01/29 United States 500,000 548,695
a Clear Channel International BV, senior secured note, first lien, 144A,      
6.625%, 8/01/25 United States 1,900,000 2,011,625
a Clear Channel Worldwide Holdings Inc., senior secured note, first lien,      
144A, 5.125%, 8/15/27 United States 700,000 707,875
a Colt Merger Sub Inc., first lien, 144A, 5.75%, 7/01/25 United States 400,000 424,331
a CSC Holdings LLC, senior note, 144A, 7.50%, 4/01/28 United States 2,400,000 2,702,316
a Diamond Sports Group LLC/Diamond Sports Finance Co., senior note,      
144A, 6.625%, 8/15/27 United States 600,000 363,750
a Gray Escrow Inc., senior note, 144A, 7.00%, 5/15/27 United States 2,700,000 2,959,875
a LCPR Senior Secured Financing DAC, senior secured note, first lien, 144A,      
6.75%, 10/15/27 United States 1,800,000 1,939,500
a Live Nation Entertainment Inc., senior secured note, 144A, 3.75%, 1/15/28 United States 300,000 303,870
Netflix Inc.,      
a senior bond, 144A, 4.875%, 6/15/30 United States 1,000,000 1,151,875
senior bond, 5.75%, 3/01/24 United States 1,100,000 1,234,062
senior bond, 5.875%, 2/15/25 United States 300,000 345,713
Nexstar Broadcasting Inc.,      
a senior note, 144A, 4.75%, 11/01/28 United States 300,000 314,438
a senior note, 144A, 5.625%, 7/15/27 United States 600,000 643,689
Sinclair Television Group Inc.,      
a senior bond, 144A, 5.125%, 2/15/27 United States 1,000,000 1,019,375
a senior bond, 144A, 5.50%, 3/01/30 United States 900,000 939,771
a Six Flags Theme Parks Inc., senior secured note, first lien, 144A, 7.00%,      
7/01/25 United States 400,000 432,750
a Univision Communications Inc., senior note, 144A, 6.625%, 6/01/27 United States 1,000,000 1,075,775
a Virgin Media Secured Finance PLC, senior secured bond, 144A, 4.50%,      
8/15/30 United Kingdom 800,000 836,800
a WMG Acquisition Corp., senior bond, 144A, 3.00%, 2/15/31 United States 2,000,000 1,966,940
      26,993,785
Pharmaceuticals, Biotechnology & Life Sciences 5.7%      
a Bausch Health Americas Inc., senior note, 144A, 9.25%, 4/01/26 United States 2,500,000 2,790,750
Bausch Health Cos. Inc.,      
a senior bond, 144A, 5.25%, 2/15/31 United States 300,000 313,978
a senior note, 144A, 5.00%, 2/15/29 United States 300,000 309,023
a Catalent Pharma Solutions Inc., senior note, 144A, 5.00%, 7/15/27 United States 1,400,000 1,480,962

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
a Emergent BioSolutions Inc., senior note, 144A, 3.875%, 8/15/28 United States 2,900,000 3,008,387
a Par Pharmaceutical Inc., senior secured note, 144A, 7.50%, 4/01/27 United States 2,800,000 3,041,668
Teva Pharmaceutical Finance Netherlands III BV, senior bond, 3.15%,      
10/01/26 Israel 2,000,000 1,926,270
      12,871,038
Retailing 1.2%      
a FirstCash Inc., senior note, 144A, 4.625%, 9/01/28 United States 700,000 723,187
a L Brands Inc., senior bond, 144A, 6.625%, 10/01/30 United States 500,000 557,188
a Lithia Motors Inc., senior note, 144A, 4.625%, 12/15/27 United States 1,300,000 1,373,937
Party City Holdings Inc. 5.75%, 7/15/25 United States 108,825 98,487
      2,752,799
Semiconductors & Semiconductor Equipment 1.2%      
a Amkor Technology Inc., senior note, 144A, 6.625%, 9/15/27 United States 700,000 760,375
a ON Semiconductor Corp., senior note, 144A, 3.875%, 9/01/28 United States 2,000,000 2,067,500
      2,827,875
Software & Services 0.6%      
a Blackboard Inc., secured note, second lien, 144A, 10.375%, 11/15/24 United States 500,000 526,563
Gartner Inc.,      
a senior bond, 144A, 3.75%, 10/01/30 United States 300,000 315,375
a senior note, 144A, 4.50%, 7/01/28 United States 500,000 528,125
      1,370,063
Technology Hardware & Equipment 1.4%      
a CommScope Inc., senior secured note, 144A, 7.125%, 7/01/28 United States 1,300,000 1,386,723
a Presidio Holdings Inc., senior note, 144A, 8.25%, 2/01/28 United States 100,000 110,563
Tempo Acquisition LLC/Tempo Acquisition Finance Corp.,      
a senior note, 144A, 5.75%, 6/01/25 United States 600,000 639,750
a senior note, 144A, 6.75%, 6/01/25 United States 1,000,000 1,034,800
      3,171,836
Telecommunication Services 2.3%      
a Altice France Holding SA, senior note, 144A, 10.50%, 5/15/27 Luxembourg 2,300,000 2,586,062
a Altice France SA, senior note, first lien, 144A, 8.125%, 2/01/27 France 2,300,000 2,538,407
      5,124,469
Transportation 0.3%      
a DAE Funding LLC, senior note, 144A, 5.75%, 11/15/23 United Arab Emirates 600,000 617,250

 

Utilities 2.9%
Calpine Corp.,

a first lien, 144A, 4.50%, 2/15/28 United States 300,000   312,450
a senior note, 144A, 5.125%, 3/15/28 United States 700,000   737,369
Clearway Energy Operating LLC, senior bond, 5.00%, 9/15/26 United States 1,600,000   1,661,696
Talen Energy Supply LLC,        
senior note, 6.50%, 6/01/25 United States 500,000   409,063
a senior note, 144A, 7.625%, 6/01/28 United States 1,200,000   1,295,250
a Vistra Operations Co. LLC, senior note, 144A, 5.50%, 9/01/26 United States 2,000,000   2,086,900
        6,502,728
Total Corporate Bonds & Notes (Cost $211,648,381)       220,140,608
Common Stocks 0.0%†        
Retailing 0.0%†        
e Party City Holdco Inc. United States 11,074   68,105
 
Total Common Stocks (Cost $18,161)       68,105
Total Investments (Cost $211,666,542) 96.8%       220,208,713
 
Other Assets, less Liabilities 3.2%       7,233,660
Net Assets 100.0%     $ 227,442,373

 

+Rounds to less than 0.1% of net assets.

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

 

FRANKLIN TEMPLETON ETF TRUST

STATEMENT OF INVESTMENTS, December 31, 2020 (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. At December 31, 2020, the aggregate value of these securities was $167,790,775, representing 73.8% of net assets. bDefaulted Securities. 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. At December 31, 2020, the value of this security was $1,486,100, representing 0.7% of net assets. dIncome may be received in additional securities and/or cash. eNon-income producing.

Abbreviations

Selected Portfolio

FRN - Floating Rate Note
MGIC - Mortgage Guaranty Insurance Corp.
NCI - National Median Cost of Funds Index
PIK - Payment-In-Kind

 

 

FRANKLIN TEMPLETON ETF TRUST      
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETF Principal Amount* Value  
Municipal Bonds 99.8%      
Alabama 0.3%      
Homewood Educational Building Authority Revenue, Educational Facilities, Samford University, Refunding,      
Series A, 4.00%, 12/01/33 100,000 $ 115,345
 
Alaska 0.9%      
Alaska St Indl Dev & Export Auth Revenue, 4.00%, 4/01/32 100,000   118,451
Matanuska-Susitna Borough Lease Revenue, Goose Creek Correctional Center Project, Refunding, 4.00%,      
9/01/30 150,000   165,633
      284,084
Arizona 2.3%      
Glendale Az Indl Dev Auth Senior Living Facs Revenue, 4.00%, 5/15/31 160,000   175,914
La Paz County IDA Education Facility Lease Revenue, Chartere School Solutions-Harmony Public Schools      
Project, Series A, 5.00%, 2/15/28 100,000   115,772
Maricopa County UHSD No. 210 Phoenix, GO, Series C, 5.00%, 7/01/31 170,000   225,751
Phoenix Civic Improvement Corp. Wastewater System Revenue, junior lien, Series A, 5.00%, 7/01/25 100,000   121,046
Phoenix IDA Student Housing Revenue, Downtown Phoenix Student Housing II LLC, Arizona State University      
Project, Series A, 5.00%, 7/01/31 100,000   113,686
      752,169
Arkansas 0.7%      
Arkansas Development Finance Authority Healthcare Revenue, Baptist Health, 4.00%, 12/01/34 100,000   118,169
Arkansas Development Financing Authority Healthcare Revenue, Bapist Memorial Health care Corporation,      
Refunding, Series B-1, 5.00%, 9/01/32 100,000   128,184
      246,353
California 12.3%      
California School Finance Authority Charter School Revenue, Summit Public Schools-Obligated Group,      
5.00%, 6/01/27 100,000   121,124
California St Muni Fin Auth Spl Tax Revenue, 4.00%, 9/01/30 50,000   56,259
California ST Sch Fin Auth Chrt Sch Revenue, 3.00%, 10/01/30 215,000   226,391
California St Stwd Cmntys Dev Auth Spl Tax Revenue,      
4.00%, 9/01/29 110,000   125,904
4.00%, 9/01/30 150,000   171,070
4.00%, 9/01/30 130,000   145,993
California St Stwd Cmntys Dev Auth Stwd Revenue, 4.00%, 9/02/30 250,000   279,547
California State Municipal Finance Authority Revenue, Biola University, Refunding, 5.00%, 10/01/29 100,000   121,437
a California State PCFA Solid Waste Disposal Revenue, CalPlant I Projects, Green Bonds, 7.50%, 7/01/32 250,000   162,500
California Statewide CDA Revenue, California Baptist University, Refunding, Series A, 3.00%, 11/01/22 50,000   50,672
California Statewide CDA Special Tax Revenue, CFD No. 2015-01, Improvement Area No. 2, University      
District, 5.00%, 9/01/27 85,000   97,113
Calimesa Ca Spl Tax, 4.00%, 9/01/33 150,000   170,331
Chino Ca Cmnty Facs Dist Spl Tax, 4.00%, 9/01/30 150,000   169,875
Corona-Norco Ca Unif Sch Dist Spl Tax, 4.00%, 9/01/34 105,000   119,580
Fontana CA Spl Tax, 4.00%, 9/01/30 150,000   171,895
Irvine Inified School District Special Tax, Series A, 5.00%, 9/01/32 250,000   328,225
Marina Ca Redev Agy Successor Agy Tax Allocation, 4.00%, 9/01/32 135,000   148,742
Ontario CA Cmnty Facs Dist No.45 Spl Tax, 4.00%, 9/01/31 150,000   172,164
Orange County CFD No. 2017-1 Special Tax, Esencia Village Improvement Area No. 1, Series A, 5.00%,      
8/15/28 100,000   126,288
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   118,793
Poway USD Special Tax, CFD No. 16, Del Sur East II, Improvement Area A, AGMC Insured, 5.00%, 9/01/32 250,000   328,225
Romoland Ca Sch Dist Spl Tax, 4.00%, 9/01/33 140,000   159,541
Sacramento Municipal Utility District Revenue, Electric Revenue, Refunding, Series H, 5.00%, 8/15/30 250,000   348,587
Sierra View Ca Local Hlth Care Dist, 5.00%, 7/01/30 100,000   126,961
      4,047,217
Colorado 4.5%      
Colorado Health Facilities Authority Revenue, CommonSpirit Health, Refunding, Series A-1, 5.00%, 8/01/33 160,000   204,234
Colorado St Hlth Facs Auth Hosp Revenue, 5.00%, 10/01/32 150,000   195,461

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Colorado State Health Facilities Authority Hospital Revenue, Christian Living Communities, Refunding and    
Improvement, 4.00%, 1/01/29 100,000 109,587
Denver City and County Co Board of Water Commissioners Water Revenue, Refunding, Series B, 4.00%,    
9/15/33 250,000 319,905
Regional Transportation District Sales Tax Revenue, FasTracks Project, Refunding, Series A, 5.00%,    
11/01/27 100,000 129,353
Regl Co Transprtn Dist Priv Activity Revenue, 5.00%, 1/15/32 250,000 331,382
Southglenn Metropolitan District Special Revenue, In the City of Centennial Colorado, Refunding, 5.00%,    
12/01/30 100,000 104,172
Southlands Metropolitan District No. 1 GO, Aurora, Arapahoe County, Refunding, Series A-1, 3.50%,    
12/01/27 100,000 104,970
    1,499,064
Connecticut 1.9%    
Connecticut St, 3.00%, 1/15/32 250,000 289,250
Connecticut St Hlth & Eductnl Facs Auth Revenue, Series A, 5.00%, 1/01/30 150,000 167,487
Connecticut State HFA Housing Mortgage Finance Program Revnue, Series A, Subseries A-1, 2.875%,    
11/15/30 150,000 159,808
    616,545
Delaware 0.3%    
Kent County Student Housing and Dining Facility Revenue, CHF-Dover LLC- Delaware State University    
Project, Series A, 5.00%, 7/01/29 100,000 101,650
 
Florida 13.4%    
Astonia Cmnty Dev Dist Fl Spl Assmnt, 3.375%, 5/01/30 150,000 154,461
Avalon Park West Cdd Fl Spl Assmnt, 3.25%, 5/01/30 100,000 102,844
Babcock Ranch Cmnty Iep Spl Dist Fl Spl Assmn, 3.00%, 5/01/30 50,000 51,301
Babcock Ranch Cmnty Indep Spl Dist FL Spl, 3.00%, 5/01/30 145,000 148,769
Belmond Reserve Cdd Fl Spl Assmnt, 3.25%, 5/01/30 100,000 102,923
Capital Projs Fl Fin Auth Student Hsg Revenue, 5.00%, 10/01/32 105,000 122,424
Capital Trust Agy Fl Eductnl Facs Revenue, 4.00%, 8/01/30 100,000 114,536
Coral Keys Homes Cmnty Dev Dist Fl Spl Assmnt, 3.125%, 5/01/30 165,000 170,232
Crestview Fl Ii Cdd Spl Assmnt, 4.00%, 5/01/31 126,000 141,242
Cypress Bluff Cdd Fl Spl Assmnt, 3.125%, 5/01/30 60,000 61,819
Enbrook Cmnty Dev Dist Fl Spl Assmnt Revenue, 3.00%, 5/01/30 100,000 102,063
Forest Lake Cmnty Dev Dist Fl Spl Assmnt, 3.25%, 5/01/30 150,000 154,375
Grand Oaks Cdd Fl Spl Assmnt Revenue, 4.00%, 5/01/30 150,000 157,048
Hammock Reserve Cdd Fl Spl Assmnt Revenue, 3.25%, 5/01/30 100,000 102,643
Herons Glen Fl Recreation Dist Spl Assmnt, 3.00%, 5/01/32 100,000 108,221
Hills Minneola Cmnty Dev Dist Fl Spl Assmnt Revenue, 3.50%, 5/01/31 100,000 105,017
Holly Hill Road East CDD Special Assessment, Assessment Area 3 Project, 4.00%, 11/01/25 110,000 113,297
Kindred Fl Cdd Ii Spl Assmnt Revenue, 3.00%, 5/01/30 155,000 158,818
Kingman Gate Cdd Special Assessment, 3.125%, 6/15/30 110,000 115,188
Lakewood Ranch Fl Stewardship Dist Spl Assmnt Revenue,    
3.125%, 5/01/30 60,000 61,748
3.20%, 5/01/30 175,000 180,974
3.20%, 5/01/30 100,000 103,190
Magnolia Park Fl Cdd Spl Assmnt, 4.00%, 5/01/31 47,000 52,684
Miami Health Facilities Authority Revenue,, Miami Jewish Health Systems Inc. Project, Refunding, 5.00%,    
7/01/28 150,000 142,880
Old Hickory Cdd Fl Spl Assmnt Spl Asmt, 3.00%, 6/15/30 100,000 102,501
Osceola County Transportation Revenue, CABS, Refunding, Series A-2, zero cpn., 10/01/32 150,000 112,337
Parkview at Long Lake Ranch Cdd Fl Spl Assmnet, 3.125%, 5/01/30 100,000 102,727
Pine Ridge Plantation Fl Cdd Capital Impt Revenue, 3.30%, 5/01/30 150,000 154,774
River Hall Fl Cdd Capital Impt Revenue, 3.25%, 5/01/31 100,000 103,465
Saddle Creek Preserve Of Polk Cnty Cdd Fl Spl Assmnt, 3.00%, 6/15/30 80,000 81,678
Sandmine Road Cdd Fl Spl Assmnt, 3.125%, 5/01/30 100,000 103,132
Sarasota National Fl Cdd Spl Assmnt, 3.50%, 5/01/31 100,000 107,021
Tampa Capital Important Cigarette Tax Allocation Revenue, CABS, Series A, zero cpn., 9/01/34 150,000 107,202
Timber Creek Southwest Cdd Fl Spl Assmnt, 3.00%, 6/15/30 150,000 154,272
Trevesta Cdd Fl Spl Assmnt, 3.25%, 5/01/30 100,000 102,779
V-dana Cdd Fl Spl Assmnt, 3.50%, 5/01/31 150,000 156,331
Village CDD No. 13 Special Assessment Revenue, 3.00%, 5/01/29 100,000 105,770

 

 

  FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Windward Cdd Fl Spl Assmnt Revenue, 3.65%, 5/01/30 100,000 102,942
    4,425,628
Georgia 1.1%    
Athens-Clarke County Unified Government Development Authority Revenue, University of Georgia Athletic    
Assn. Project, Series B, Daily VRDN and Put, 0.11%, 7/01/35 100,000 100,000
Georgia Municipal Electric Authority Revenue, Project One, Subordinated, Refunding, Series A, 5.00%,    
1/01/33 100,000 127,000
Main Street Natural Gas Inc. Gas Supply Revenue, Series A, 5.00%, 5/15/29 100,000 127,590
    354,590
Guam 0.5%    
Guam Govt Wtrwks Auth Wtr & Wstwtr Sys Revenue, 5.00%, 7/01/30 125,000 151,578
 
Illinois 5.5%    
Chicago Il, zero cpn.,1/01/31 425,000 315,835
Chicago Il Park Dist, Series F-2, 5.00%, 1/01/31 100,000 122,776
Hillside Tax Increment Revenue, Cook County, Refunding, 5.00%, 1/01/24 100,000 102,600
Illinois St,    
5.00%, 11/01/29 200,000 224,766
5.00%, 10/01/31 150,000 180,654
Illinois St Fin Auth Revenue, 4.75%, 10/15/40 150,000 160,224
Illinois State Finance Authority MFHR,    
a Better Housing Foundation Blue Station Project, Series A-1, 4.25%, 12/01/28 100,000 63,000
a Better Housing Foundation ERNST Portfolio Project, Series A-1, 4.375%, 12/01/28 100,000 20,000
Met Pier & Exposition Auth Il Dedicated St Tax Revenue,    
Zero cpn., 6/15/28 100,000 86,890
Zero cpn., 12/15/32 85,000 63,470
Railsplitter Tobacco Settlement Authority Revenue, 5.00%, 6/01/27 100,000 121,905
Southwestern Illinois Development Authority Revenue, Capital Appreciation, Local Government Program,    
AGMC Insured, zero cpn., 12/01/24 245,000 234,276
Upper Illinois River Vly Il Dev Auth Mf Hsg Revenue, 3.25%, 12/01/32 125,000 127,071
    1,823,467
Indiana 0.8%    
Indiana Fin Auth Midwestern Disaster Relief Revenue, 3.00%, 11/01/30 150,000 160,490
Jeffersonville In Mf Hsg Revenue, 4.75%, 11/01/30 100,000 101,730
    262,220
Kentucky 0.6%    
County of Owen Water Facilities Revenue, Kentucky-American Water Co. Project, Refunding, Series A,    
2.45%, 6/01/39 100,000 109,640
Louisville/Jefferson County Metro Government Revenue, College, Bellarmine University Project, Refunding    
and Improvement, Series A, 4.00%, 5/01/29 100,000 103,699
    213,339
Louisiana 0.7%    
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%, 7/01/29 100,000 105,463
Port New Orleans La Brd Of Commi, Series E, AMT, 5.00%, 4/01/34 100,000 125,951
    231,414
Maryland 1.6%    
Baltimore Special Obligation Revenue, Mayor and City Council of Baltimore, Harbor Point Project, Senior    
Lien, Refunding, Series A, 3.25%, 6/01/31 100,000 101,146
Frederick County Tax Increment and Special Tax B, Limited Obligation, Oakdale-Lake Linganore Project,    
Refunding, 3.25%, 7/01/29 140,000 142,449
Maryland EDC Revenue, Economic Development, Transportation Facilities Project, Refunding, Series A,    
5.00%, 6/01/27 100,000 118,376
Maryland St Hlth & Hgr Eductnl Facs Auth Revenue, 4.00%, 1/01/30 145,000 170,663
    532,634
Massachusetts 1.2%    
Massachusetts St Dev Fin Agy Revenue, 5.00%, 10/01/30 200,000 270,550

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Massachusetts State Development Finance Agency Revenue, Foxborough Regional Charter, Series B,    
5.00%, 7/01/27 100,000 113,867
    384,417
Michigan 0.3%    
Grand Rapids EDC, EDR, Beacon Hill Eastgate Project, Refunding, Series A, 4.00%, 11/01/27 100,000 102,397
 
Minnesota 1.5%    
Eagan GO, Series A, 4.00%, 2/01/26 100,000 118,017
Mille Lacs County GO, Capital Improvement Plan, Series A, 3.00%, 2/01/24 135,000 145,660
Northern Municipal Power Agency Electric System Revenue, Refunding, 5.00%, 1/01/36 100,000 120,096
St. Louis Park Public Schools ISD No. 283 GO, School Building, Minnesota School District Credit    
Enhancement Program, Series A, 5.00%, 2/01/25 100,000 119,271
    503,044
Missouri 2.2%    
Cape Girardeau Cnty Mo Indl Dev Auth, 5.00%, 3/01/29 130,000 145,921
Curators of the University of Missouri System Facilities Revenue, Series B, 5.00%, 11/01/30 250,000 348,018
Maryland Heights Mo Tax Incr & Spl Dist Revenue, 3.625%, 11/01/31 100,000 103,631
St. Louis County IDA Senior Living Facilities Revenue, Friendship Village, St. Louis Obligated Group,    
Refunding, 5.00%, 9/01/27 100,000 117,923
    715,493
Montana 0.4%    
Cascade County High School District No. 1 Great Falls GO, School Building, 5.00%, 7/01/25 100,000 120,252
 
Nevada 2.5%    
Carson City Hospital Revenue, Carson Tahoe Regional Healthcare Project, Refunding, Series A, 5.00%,    
9/01/28 115,000 142,393
Las Vegas Nv Spl Impt Dist No.611, 3.50%, 6/01/31 160,000 169,066
Las Vegas Special ID No. 812 Special Assessment, Local Improvement, Summerlin Village 24, 4.00%,    
12/01/22 95,000 98,219
Tahoe-Douglas Visitors Auth Nv Stateline Revenue, 5.00%, 7/01/31 250,000 292,600
Washoe County School District GO, School Improvement, Series C, 5.00%, 10/01/26 100,000 124,582
    826,860
New Hampshire 0.4%    
New Hampshire State Health and Education Facilities Authority Revenue, University System of New    
Hampshire Issue, Refunding, Series A, 5.00%, 7/01/27 100,000 126,760
 
New Jersey 4.8%    
New Jersey EDA Revenue, Provident Group-Kean Properties LLC, Kean University Student Housing Project,    
Series A, 5.00%, 7/01/32 100,000 99,426
New Jersey EDA Water Facilities Revenue, American Water Co. Inc., Project, Refunding, Series A, 2.20%,    
10/01/39 100,000 108,347
New Jersey St, 4.00%, 6/01/31 100,000 123,770
New Jersey St Eductnl Facs Auth Revenue, 5.00%, 7/01/29 240,000 276,411
New Jersey St Transprtn Trust Fund Auth,    
Zero cpn., 12/15/30 760,000 623,443
Zero cpn., 12/15/31 140,000 111,430
New Jersey State Transportation Trust Fund Authority Revenue, Transportation System, Refunding, Series A,    
5.00%, 12/15/28 100,000 125,571
Pinelands Regional School District GO, Refunding, AGMC Insured, 3.00%, 8/01/27 100,000 112,934
    1,581,332
New Mexico 1.0%    
Las Cruces School District No. 2 GO, Refunding, 5.00%, 8/01/28 250,000 320,040
 
New York 5.4%    
Met Transprtn Auth Ny Revenue, 5.00%, 11/15/28 270,000 322,720
MTA Revenue, Climate Bond Certified, Green Bonds,, Refunding, Series C, Subseries C-1, 5.00%, 11/15/30 530,000 630,202
New York St Transprtn Dev Corpspl Fac Revenue,    
4.00%, 10/01/30 125,000 143,317
5.00%, 7/01/30 100,000 111,731
5.00%, 12/01/30 100,000 131,360
5.00%, 12/01/30 100,000 128,816

 

 

FRANKLIN TEMPLETON ETF TRUST

STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)

New York State Transportation Development Corpspecial Facilities Revenue, John F. Kennedy International    
Airport Project, Refunding, 5.25%, 8/01/31 100,000 113,171
Triborough Bridge and Tunnel Authority Revenue, General, MTA Bridges and Tunnels, Refunding, Series C,    
Daily VRDN and Put, 0.08%, 1/01/32 200,000 200,000
    1,781,317
North Carolina 0.3%    
North Carolina State Medical Care Commission Retirement Facilities Revenue, The United Methodist    
Retirement Homes, first mortgage, Refunding, Series A, 5.00%, 10/01/27 100,000 109,800
 
Ohio 3.5%    
Akron Bath Copley Jt Twp Oh Hosp Dist, 4.00%, 11/15/33 150,000 175,564
Franklin Cnty Oh Hlth Care Facs Revenue, 5.00%, 11/15/30 100,000 114,829
Franklin County Convention Facilities Authority Hotel Project Revenue, GRTR Columbus Convention Center    
Hotel Expense Project, 5.00%, 12/01/30 100,000 105,136
Franklin County Hospital Facilities Revenue, Nationwide Children's Hospital Project, Refunding, Series A,    
5.00%, 11/01/28 100,000 127,720
Franklin County Revenue, Trinity Health Credit Group, Refunding, Series A, 5.00%, 12/01/31 100,000 133,260
Hamilton County Hospital Facilities Revenue, UC Health, 5.00%, 9/15/33 100,000 127,677
Ohio St Hosp Revenue, 5.00%, 11/15/33 200,000 249,208
Ohio State Air Quality Development Authority Exempt Facilities Revenue, Pratt Paper LLC Project, 3.75%,    
1/15/28 100,000 110,394
    1,143,788
Oregon 1.7%    
Medford Or Hosp Facs Auth Revenue, Series A, 5.00%, 8/15/33 200,000 264,610
Oregon State Facilities Authority Revenue, PeaceHealth, Refunding, Series B, Daily VRDN and Put, 0.11%,    
8/01/34 200,000 200,000
Polk Cnty Or Hosp Fac Auth Revenue, 4.00%, 7/01/24 100,000 100,372
    564,982
Pennsylvania 3.2%    
Allegheny County Higher Education Building Authority University Revenue, Robert Morris University, UPMC    
Events Center Project, 5.00%, 10/15/26 100,000 111,149
Allentown Neighborhood Improvement Zone Development Authority Tax Revenue, City Center Project,    
5.00%, 5/01/28 100,000 114,755
E Hempfield Twp Pa Indl Dev Auth, 4.00%, 7/01/21 150,000 149,690
Franklin County IDAR, Menno Haven Inc. Project, Refunding, 5.00%, 12/01/28 100,000 112,881
Luzerne County IDA Revenue, Pennsylvania-American Water Co. Project, Refunding, 2.45%, 12/01/39 100,000 110,681
Pennsylvania State Economic Development Financing Authority Revenue, UPMC, Refunding, Series A,    
3.375%, 11/15/33 125,000 136,811
Philadelphia Pa Auth For Indl Dev Chrt Sch Revenue, 5.00%, 8/01/30 150,000 180,466
Westmoreland Cnty Pa Indl Dev Auth Hlth Sys Revenue, 5.00%, 7/01/30 100,000 125,872
    1,042,305
Puerto Rico 4.1%    
Puerto Rico Infrastructure Fing Auth Spl Tax Revenue,    
Series A, zero cpn., 7/01/29 320,000 223,210
5.50%, 7/01/27 100,000 111,111
Puerto Rico Sales Tax FICO Sales Tax Revenue, Restructured, Series A-1, zero cpn., 7/01/31 1,291,000 1,005,986
    1,340,307
South Carolina 0.3%    
Patriots Energy Group Revenue, Gas System Improvement, Refunding, 4.00%, 6/01/33 100,000 115,523
 
Tennessee 1.1%    
Lawrenceburg GO, Refunding, 2.50%, 6/01/27 100,000 104,297
Metropolitan Government of Nashville and Davidson County GO, Improvement, Refunding, 4.00%, 7/01/29 100,000 120,389
Metropolitan Nashville Airport Authority Revenue, Subordinate, Series B, 5.00%, 7/01/30 100,000 131,636
    356,322
Texas 10.4%    
Arlington Higher Education Finance Corp. Education Revenue, Riverwalk Education Foundation Inc., PSF    
Guarantee, 4.00%, 8/15/33 100,000 121,507
Cedar Park GO, Williamson and Travis Counties, Refunding and Improvement, 5.00%, 2/15/24 100,000 114,605
Celina Tx Spl Assessment Revenue,    
3.125%, 9/01/30 150,000 155,232

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
3.25%, 9/01/30 180,000 187,738
3.625%, 9/01/30 125,000 128,770
4.00%, 9/01/30 190,000 215,488
Ector Cnty Tx Hosp Dist, 5.00%, 9/15/31 100,000 126,313
Fate Tx Spl Assessment Revenue, 3.375%, 8/15/30 145,000 150,223
Garland GO, Dallas Collin and Rockwall Counties, Refunding, 5.00%, 2/15/27 100,000 127,026
Hays Cnty Tx Spl Assmnt Revenue, 3.25%, 9/15/30 150,000 156,731
Horseshoe Bay Tx Sp Assmnt Revenue, 3.00%, 10/01/30 140,000 145,134
Kyle Pub Improv Dist Area No.2, 3.125%, 9/01/30 105,000 105,427
Lago Vista Tex Spl Assmt Rev,    
3.125%, 9/01/30 130,000 135,611
5.00%, 9/01/30 140,000 142,113
Leander Tx Spl Assmnt Revenue, 3.25%, 9/01/32 100,000 107,286
Liberty Hill Tx Spl Assmnt Revenue, 3.125%, 9/01/30 75,000 77,708
New Hope Cultural Edu Facs Fin Corp Tx Student Hsg Rev.,    
5.00%, 4/01/31 30,000 29,690
4.00%, 4/01/22 80,000 79,402
New Hope Cultural Education Facilities Finance Corp. Retirement Facility Revenue, Wesleyan Homes Inc.    
Project, Refunding, 4.00%, 1/01/29 100,000 101,229
New Hope Cultural Education Facilities Finance Corp. Student Housing Revenue,    
CHF-Collegiate Housing Island Campus LLC, Series A, 5.00%, 4/01/29 100,000 100,597
CHF-Collegiate Housing College Station I LLC, Texas A&M University Project,    
Series A, 5.00%, 4/01/29 100,000 101,786
Oak Point Tx Spl Assmnt Revenue, 3.25%, 9/01/30 155,000 161,932
Port Freeport Revenue, Brazoria County, senior lien, Series A, 5.00%, 6/01/31 100,000 127,349
Princeton Special Assessment Revenue, Winchester Public Improvement District Phase 1 and 2 Project,    
3.25%, 9/01/30 100,000 107,123
Royse City Tx Spl Assmnt Revenue, 3.125%, 9/15/25 150,000 153,294
Tomball Tx Spl Assmnt Revenue, 3.375%, 9/15/30 100,000 102,935
Viridian Tx Muni Mgmt Dist Assmnt Revenue,    
2.375%, 12/01/25 65,000 65,799
2.875%, 12/01/30 100,000 102,231
    3,430,279
Utah 0.6%    
Provo GO, Refunding, 4.00%, 1/01/23 100,000 107,664
Utah State Building Ownership Authority Lease Revenue, State Facilities Master Lease Program, 2.50%,    
5/15/27 100,000 107,267
    214,931
Vermont 0.4%    
Vermont State Public Power Supply Authority Revenue, Swanton Peaking Facility Project, Refunding, Series    
A, 5.00%, 7/01/28 100,000 124,001
 
Virginia 0.7%    
Peninsula Town Center CDA Special Obligation Revenue, Refunding, 4.50%, 9/01/28 100,000 105,334
Virginia St Small Business Fing Auth Revenue, 5.00%, 1/01/33 100,000 123,343
    228,677
Washington 2.2%    
Seattle Drainage and Wastewater System Revenue, Improvement and Refunding, 4.00%, 7/01/28 100,000 121,672
Skagit County Public Hospital District No. 1 Revenue, Improvement, Skagit Regional Health, Refunding,    
5.00%, 12/01/29 100,000 117,391
Spokane County School District No. 356 Central Valley GO, 5.00%, 12/01/26 100,000 126,953
University of Washington Revenue, General, Refunding, Series A, 5.00%, 12/01/26 100,000 126,553
Washington St Hsg Fin Commission, 5.00%, 1/01/32 100,000 107,845
Washington State Housing Finance Commission Revenue, Nonprofit Housing, Presbyterian Retirement    
Communities Northwest Project, Refunding, Series A, 5.00%, 1/01/34 100,000 110,283
    710,697
Wisconsin 4.2%    
Brookfield GO, Waukesha County, Refunding, 3.00%, 12/01/25 115,000 129,891
PFA Retirement Facilities Revenue, Whitestone Retirement Facilities, first mortgage, Refunding, 4.00%,    
3/01/27 75,000 79,880
PFAR, Retirement Facilities, Friends Homes, Refunding, 4.00%, 9/01/29 100,000 112,458
PFAR, Ultimate Medical Academy Project, Refunding, Series A, 5.00%, 10/01/29 100,000 114,196

 

 

  FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Public Fin Auth Wi Hlthcare Facs Revenue, 5.00%, 1/01/30 250,000 325,685
Public Fin Auth Wi Mf Hsg Revenue, 3.50%, 12/01/50 100,000 100,419
Public Fin Auth Wi Revenue, 5.00%, 10/01/24 100,000 108,346
Wisconsin Center Dist Wi Tax Revenue, zero cpn., 12/15/30 365,000 308,399
Wisconsin Health and Educational Facilities Authority Revenue, St. Johns Communities Inc. Project, Series  
A, 4.00%, 9/15/27 100,000 104,494
    1,383,768
Total Investments (Cost $31,523,972) 99.8%   32,884,589
 
Other Assets, less Liabilities 0.2%   59,879
Net Assets 100.0% $ 32,944,468

 

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

Abbreviations

Selected Portfolio

AGMC - Assured Guaranty Municipal Corp.
CDA - Community Development Authority/Agency
CDD - Community Development District
CFD - Community Facilities District
EDA - Economic Development Authority
EDC - Economic Development Corp.
EDR - Economic Development Revenue
FICO - Financing Corp.
GO - General Obligation
HFA - Housing Finance Authority/Agency
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
PSF - Permanent School Fund
PCFA - Pollution Control Financing Authority
PFA - Public Financing Authority
PFAR - Public Financing Authority Revenue
UHSD - Unified/Union High School District
USD - Unified/Union School District

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)        
 
 
Franklin Liberty International Aggregate Bond ETF Principal Amount*     Value
Foreign Government and Agency Securities 93.0%        
Australia 3.3%        
a Australia Government Bond senior bond, Reg S, 2.75%, 6/21/35 1,800,000 AUD $ 1,649,337
Government of Australia,        
a senior bond, 137, Reg S, 2.75%, 4/21/24 1,800,000 AUD   1,508,751
a senior bond, 149, Reg S, 2.25%, 5/21/28 1,800,000 AUD   1,544,966
a New South Wales Treasury Corp. senior bond, Reg S, 3.00%, 5/20/27 1,100,000 AUD   971,770
a,b Queensland Treasury Corp. senior bond, 144A, Reg S, 3.25%, 8/21/29 1,100,000 AUD   1,008,625
a Western Australian Treasury Corp. senior note, 26, Reg S, 3.00%, 10/21/26 1,100,000 AUD   967,528
        7,650,977
Austria 1.5%        
Government of Austria,        
a,b 144A, Reg S, 1.20%, 10/20/25 1,100,000 EUR   1,468,242
a,b senior bond, 144A, Reg S, 1.50%, 2/20/47 1,100,000 EUR   1,859,870
        3,328,112
Belgium 1.9%        
a Government of Belgium, Reg S, 1.25%, 4/22/33 3,000,000 EUR   4,350,259
 
Canada 4.8%        
Government of Canada,        
1.25%, 3/01/25 3,400,000 CAD   2,771,685
1.25%, 6/01/30 600,000 CAD   496,413
2.75%, 6/01/22 4,820,000 CAD   3,926,734
5.00%, 6/01/37 2,100,000 CAD   2,666,385
senior bond, 2.00%, 12/01/51 1,050,000 CAD   995,326
        10,856,543
China 4.0%        
Agricultural Development Bank of China 3.45%, 9/23/25 12,000,000 CNY   1,859,735
China Development Bank,        
senior note, 2003, 3.23%, 1/10/25 13,000,000 CNY   2,003,655
senior note, 2004, 3.43%, 1/14/27 13,000,000 CNY   1,999,947
China Government Bond, 2.85%, 6/04/27 12,000,000 CNY   1,813,448
The Export-Import Bank of China 2.17%, 4/07/23 10,000,000 CNY   1,511,113
        9,187,898
Cyprus 1.1%        
a Government of Cyprus Reg S, 1.50%, 4/16/27 1,800,000 EUR   2,409,359
 
France 4.7%        
French Republic Government Bond OAT,        
a,b 144A, Reg S, 1.50%, 5/25/50 900,000 EUR   1,465,994
a,c Reg S, 11/25/29 2,600,000 EUR   3,295,185
Government of France,        
a,b 144A, Reg S, .75%, 5/25/52 900,000 EUR   1,225,750
a Reg S, 1.00%, 11/25/25 3,000,000 EUR   3,968,170
a,c senior note, Reg S, 5/25/22 600,000 EUR   740,309
        10,695,408
Germany 21.5%        
a,c Bundesobligation Reg S, 4/11/25 12,500,000 EUR   15,768,189
Government of Germany,        
a Reg S, 1.50%, 9/04/22 17,170,000 EUR   21,774,026
a Reg S, 4.25%, 7/04/39 1,950,000 EUR   4,499,237
a Reg S, 5.50%, 1/04/31 1,010,000 EUR   2,012,936
a,c Strip, Reg S, 10/08/21 1,600,000 EUR   1,965,193

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
KFW, senior note, 2.05%, 2/16/26 290,000,000 JPY 3,150,609
      49,170,190
Hungary 0.3%      
Government of Hungary 6.75%, 10/22/28 170,000,000 HUF 784,174
Indonesia 0.1%      
Indonesia Treasury Bond senior bond, 8.25%, 5/15/36 3,500,000,000 IDR 290,399
Ireland 2.1%      
a Government of Ireland Reg S, 1.50%, 5/15/50 3,000,000 EUR 4,918,400
Italy 4.7%      
a,b Italy Buoni Poliennali Del Tesoro senior bond, 144A, Reg S, 2.45%, 9/01/50 970,000 EUR 1,480,759
Italy Treasury Bond,      
senior bond, 1.25%, 12/01/26 1,550,000 EUR 2,026,734
a,b senior bond, 144A, Reg S, 4.00%, 2/01/37 1,380,000 EUR 2,437,525
senior note, 1.20%, 4/01/22 3,800,000 EUR 4,739,749
      10,684,767
Japan 20.9%      
Development Bank of Japan senior bond, 2.30%, 3/19/26 950,000,000 JPY 10,287,324
Government of Japan,      
senior bond, 1.00%, 12/20/35 1,700,000,000 JPY 18,312,470
senior bond, 1.50%, 3/20/33 250,000,000 JPY 2,824,337
Japan Government Thirty Year Bond senior bond, 0.40%, 12/20/49 500,000,000 JPY 4,554,497
Japan Government Two Year Bond senior bond, 0.10%, 4/01/22 1,200,000,000 JPY 11,653,928
      47,632,556
Mexico 0.2%      
Mexican Bonos, senior bond, 8.00%, 11/07/47 7,000,000 dMXN 415,497
Netherlands 3.9%      
Government of Netherlands,      
a Reg S, .50%, 7/15/26 2,500,000 EUR 3,256,540
a,b senior bond, 144A, Reg S, .50%, 1/15/40 4,000,000 EUR 5,617,245
      8,873,785
Poland 1.8%      
Government of Poland,      
2.50%, 7/25/27 6,000,000 PLN 1,788,712
5.75%, 4/25/29 6,000,000 PLN 2,239,076
      4,027,788
Portugal 0.7%      
a,b Portugal Obrigacoes do Tesouro OT 144A, Reg S, 0.90%, 10/12/35 1,200,000 EUR 1,573,397
Romania 1.1%      
a Government of Romania senior bond, Reg S, 2.00%, 1/28/32 2,000,000 EUR 2,569,314
Slovenia 1.6%      
a Slovenia Government Bond senior bond, Reg S, 0.875%, 7/15/30 2,700,000 EUR 3,636,184
Spain 3.8%      
Government of Spain,      
senior bond, .40%, 4/30/22 1,900,000 EUR 2,352,873
a,b senior bond, 144A, Reg S, 1.85%, 7/30/35 2,460,000 EUR 3,642,146
a,b senior bond, 144A, Reg S, 2.70%, 10/31/48 130,000 EUR 233,627
c Spain Government Bond senior note, 1/31/25 1,900,000 EUR 2,367,452
      8,596,098
e Supranational 2.0%      
Asian Development Bank senior bond, 339-00-1, 2.35%, 6/21/27 120,000,000 JPY 1,360,678
a European Investment Bank senior bond, Reg S, 1.90%, 1/26/26 310,000,000 JPY 3,322,831
      4,683,509
Sweden 1.7%      
Government of Sweden,      

 

 

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)

a,b 144A, Reg S, 1.50%, 11/13/23 10,000,000 SEK   1,281,406
a,b senior bond, 144A, Reg S, .125%, 5/12/31 10,000,000 SEK   1,228,364
Sweden Government Bond senior bond, 0.75%, 5/12/28 10,000,000 SEK   1,296,293
        3,806,063
United Kingdom 5.3%        
United Kingdom Treasury Bond,        
a Reg S, 1.75%, 9/07/37 1,925,000 GBP   3,124,383
a Reg S, 2.75%, 9/07/24 1,000,000 GBP   1,511,184
a Reg S, 3.50%, 7/22/68 685,000 GBP   2,037,143
a Reg S, 4.25%, 12/07/46 1,180,000 GBP   2,954,610
a Reg S, 4.75%, 12/07/30 1,300,000 GBP   2,573,713
        12,201,033
Total Foreign Government and Agency Securities (Cost $192,209,841)       212,341,710
Corporate Bonds & Notes 4.7%        
Belgium 0.0%†        
a Anheuser-Busch InBev SA/NV senior note, Reg S, 1.50%, 3/17/25 60,000 EUR   78,394
Czech Republic 0.1%        
a Energo-Pro AS senior note, Reg S, 4.00%, 12/07/22 200,000 EUR   240,230
Denmark 0.1%        
a Nordea Kredit Realkreditaktieselskab secured bond, Reg S, 1.00%, 10/01/50 1,158,018 DKK   193,022
a Nykredit Realkredit AS secured bond, Reg S, 1.00%, 10/01/50 1,147,041 DKK   191,004
        384,026
France 0.6%        
a Air Liquide Finance SA senior note, Reg S, 1.375%, 4/02/30 500,000 EUR   690,482
a Orange SA senior note, Reg S, 1.375%, 3/20/28 500,000 EUR   670,907
        1,361,389
Germany 1.0%        
a Aroundtown SA senior note, Reg S, 1.625%, 1/31/28 300,000 EUR   392,919
a Bertelsmann SE & Co. KGaA senior note, Reg S, 1.25%, 9/29/25 500,000 EUR   651,138
a Deutsche Telekom AG senior note, Reg S, 0.875%, 3/25/26 500,000 EUR   642,594
a,c Siemens Financieringsmaatschappij NV senior note, Reg S, 2/20/26 500,000 EUR   617,705
        2,304,356
Romania 0.2%        
a Globalworth Real Estate Investments Ltd. senior note, Reg S, 3.00%, 3/29/25 300,000 EUR   387,414
United Kingdom 0.3%        
a RELX Finance BV senior note, Reg S, 0.50%, 3/10/28 500,000 EUR   623,564
United States 2.4%        
AbbVie Inc. senior note, 1.375%, 5/17/24 500,000 EUR   638,194
Air Products and Chemicals Inc. senior note, 0.50%, 5/05/28 300,000 EUR   379,841
Apple Inc. senior bond, 1.625%, 11/10/26 500,000 EUR   675,163
AT&T Inc. senior note, 0.25%, 3/04/26 500,000 EUR   616,481
DH Europe Finance II Sarl senior note, 0.20%, 3/18/26 500,000 EUR   617,311
a Schlumberger Finance France SAS senior note, Reg S, 1.00%, 2/18/26 500,000 EUR   645,032
Stryker Corp. senior note, 0.25%, 12/03/24 500,000 EUR   618,757
The Procter & Gamble Co. senior note, 0.50%, 10/25/24 500,000 EUR   629,299
Verizon Communications Inc. senior note, 0.875%, 4/02/25 500,000 EUR   637,084
        5,457,162
Total Corporate Bonds & Notes (Cost $9,277,481)       10,836,535
Total Investments (Cost $201,487,322) 97.7%       223,178,245
 
Other Assets, less Liabilities 2.3%       5,159,822
Net Assets 100.0%     $ 228,338,067

 

*      The principal amount is stated in U.S. dollars unless otherwise indicated.
†      Rounds to less than 0.1% of net assets.
 

FRANKLIN TEMPLETON ETF TRUST

STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)

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 December 31, 2020, the aggregate value of these securities was $127,876,872, representing 56.0% 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. At December 31, 2020, the aggregate value of these securities was $24,522,950, representing 10.7% of net assets. cThe security was issued on a discount basis with no stated coupon rate. dPrincipal amount is stated in 100 Mexican Peso Units. eA supranational organization is an entity formed by two or more central governments through international treaties.

 

                FRANKLIN TEMPLETON ETF TRUST  
          STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)  
 
 
 
At December 31, 2020 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 CITI Sell 9,915,000 $ 7,113,715 1/25/21 $ — $ (530,537 )
Canadian Dollar CITI Sell 14,170,000   10,650,572 1/25/21   —   (459,777 )
Chinese Yuan Renminbi CITI Sell 27,600,000   4,057,317 1/25/21   —   (181,330 )
Chinese Yuan Renminbi CITI Sell 35,000,000   5,310,271 1/25/21   —   (64,824 )
Danish Krone CITI Sell 2,341,000   370,099 1/25/21   —   (14,820 )
Euro CITI Buy 50,550   18,300,000 1/25/21   172   —  
Euro CITI Buy 2,300,000   2,801,821 1/25/21   12,350   —  
Euro CITI Sell 99,300,000   116,865,475 1/25/21   —   (4,633,308 )
Great British Pound CITI Sell 9,177,844   11,824,945 1/25/21   —   (718,632 )
Hungarian Forint CITI Sell 219,296,714   713,121 1/25/21   —   (26,006 )
Indonesian Rupiah CITI Sell 3,500,000,000   232,000 1/25/21   —   (16,648 )
Japanese Yen CITI Sell 5,769,000,000   54,709,949 1/25/21   —   (1,207,769 )
Mexican Peso CITI Sell 7,600,000   340,953 1/25/21   —   (40,110 )
Polish Zloty CITI Sell 14,950,000   3,905,486 1/25/21   —   (97,680 )
South African Rand CITI Sell 470,000   27,799 1/25/21   —   (4,183 )
Swedish Krona CITI Sell 31,500,000   3,522,205 1/25/21   —   (314,520 )
Total Forward Exchange Contracts           $ 12,522 $ (8,310,144 )
Net unrealized appreciation (depreciation)               $ (8,297,622 )

 

aMay be comprised of multiple contracts with the same counterparty, currency and settlement date.

Abbreviations

Selected Portfolio

OAT - Obligation Assumable by the Treasurer

 

 

FRANKLIN TEMPLETON ETF TRUST

Statement of Investments, December 31, 2020 (unaudited)

Franklin Liberty Investment Grade Corporate ETF Country Principal Amount*   Value
Corporate Bonds & Notes 97.7%        
Aerospace & Defense 1.2%        
Lockheed Martin Corp., senior note, 4.07%, 12/15/42 United States 4,100,000 $ 5,328,045
Northrop Grumman Corp., senior bond, 5.25%, 5/01/50 United States 5,000,000   7,429,901
        12,757,946
Air Freight & Logistics 0.7%        
FedEx Corp., senior bond, 4.75%, 11/15/45 United States 5,400,000   7,027,971
 
Airlines 0.9%        
a Delta Air Lines Inc./SkyMiles IP Ltd., first lien, 144A, 4.50%, 10/20/25 Free of Tax 5,000,000   5,346,023
United Airlines, senior bond, 3.45%, 1/07/30 United States 4,208,523   4,171,772
        9,517,795
Banks 14.4%        
Banco Santander SA, sub. note, 2.749%, 12/03/30 Spain 6,800,000   7,024,128
Bancolombia SA, senior note, 3.00%, 1/29/25 Colombia 6,200,000   6,453,890
Bank of America Corp.,        
senior note, 2.592% to 4/29/30, FRN thereafter, 4/29/31 United States 4,300,000   4,611,670
sub. bond, 4.183%, 11/25/27 United States 10,150,000   11,781,223
a BNP Paribas SA, senior note, 144A, 4.705% to 1/10/24, FRN        
thereafter,1/10/25 France 11,900,000   13,235,481
a BPCE SA, senior note, 144A, 5.70%, 10/22/23 France 11,700,000   13,250,281
Citigroup Inc.,        
senior bond, 3.668% to 7/23/27, FRN thereafter, 7/24/28 United States 6,600,000   7,483,925
senior note, 2.876% to 7/24/22, FRN thereafter, 7/24/23 United States 1,500,000   1,558,482
Deutsche Bank AG/New York NY, senior note, 2.129% to 11/24/24, FRN        
thereafter,11/24/26 Germany 8,000,000   8,185,678
HSBC Holdings PLC,        
senior bond, 2.848% to 6/04/30, FRN thereafter, 6/04/31 United Kingdom 3,000,000   3,226,721
senior note, 1.645% to 4/18/25, FRN thereafter, 4/18/26 United Kingdom 16,500,000   16,882,672
JPMorgan Chase & Co.,        
senior bond, 2.522% to 4/22/30, FRN thereafter, 4/22/31 United States 8,000,000   8,604,869
sub. bond, 4.25%, 10/01/27 United States 7,100,000   8,427,183
a National Australia Bank Ltd., sub. note, 144A, 2.332%, 8/21/30 Australia 12,000,000   12,218,788
SVB Financial Group, senior note, 3.125%, 6/05/30 United States 2,100,000   2,367,966
Truist Bank, sub. note, 3.30%, 5/15/26 United States 6,800,000   7,612,904
Truist Financial Corp., sub. bond, 3.875%, 3/19/29 United States 7,300,000   8,524,772
Wachovia Corp, Subordinated, 5.50%, 8/01/35 United States 3,600,000   4,842,991
Wells Fargo & Co, sub. bond, 4.75%, 12/07/46 United States 5,185,000   6,792,880
        153,086,504
Beverages 1.4%        
Anheuser-Busch InBev Worldwide Inc.,        
senior bond, 3.50%, 6/01/30 Belgium 9,000,000   10,432,192
senior bond, 5.80%, 1/23/59 Belgium 3,000,000   4,622,819
        15,055,011
Biotechnology 2.8%        
AbbVie Inc.,        
4.25%, 11/21/49 United States 3,000,000   3,773,523
senior note, 2.95%, 11/21/26 United States 12,000,000   13,284,632
Amgen Inc., senior note, 2.45%, 2/21/30 United States 10,000,000   10,719,649
Gilead Sciences Inc., senior bond, 4.80%, 4/01/44 United States 1,800,000   2,376,197
        30,154,001
Building Products 0.9%        
Carrier Global Corp., senior note, 3.577%, 4/05/50 United States 8,500,000   9,450,768
 
Capital Markets 2.8%        
Brixmor Operating Partnership LP, senior bond, 4.125%, 5/15/29 United States 3,200,000   3,685,732
Credit Suisse Group AG,        

 

a senior bond,144A, 3.869% to 1/12/28, FRN thereafter, 1/12/29 Switzerland 3,900,000 4,420,811

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
 
 
a senior note, 144A, 2.997% to 12/14/22, FRN thereafter, 12/14/23 Switzerland 6,400,000 $ 6,695,942
Morgan Stanley,        
senior note, 1.794%, 2/13/32 United States 9,200,000   9,259,823
senior note, 2.188% to 4/28/25, FRN thereafter, 4/28/26 United States 1,000,000   1,056,904
The Goldman Sachs Group Inc.,        
senior note, 2.908% to 6/05/22, FRN thereafter, 6/05/23 United States 3,200,000   3,313,303
sub. note, 4.25%, 10/21/25 United States 1,475,000   1,692,482
        30,124,997
Chemicals 1.0%        
EI du Pont de Nemours and Co., senior note, 1.70%, 7/15/25 United States 1,500,000   1,563,843
The Sherwin-Williams Co., senior bond, 2.30%, 5/15/30 United States 8,400,000   8,781,644
        10,345,487
Commercial Services & Supplies 0.2%        
a Ashtead Capital Inc., secured note, second lien, 144A, 4.125%, 8/15/25 United Kingdom 1,770,000   1,822,215
 
Consumer Finance 1.8%        
Capital One Financial Corp.,        
senior bond, 3.80%, 1/31/28 United States 10,500,000   12,141,045
senior note, 3.20%, 1/30/23 United States 2,900,000   3,057,063
a Credit Agricole SA, senior note, 144A, 1.907% to 6/16/25, FRN thereafter ,        
6/16/26 France 4,000,000   4,152,401
        19,350,509
Containers & Packaging 0.8%        
WRKCo Inc.,        
senior bond, 4.90%, 3/15/29 United States 6,300,000   7,786,167
senior note, 3.90%, 6/01/28 United States 1,000,000   1,160,444
        8,946,611
Diversified Financial Services 1.6%        
AON Corp., senior note, 2.80%, 5/15/30 United States 15,400,000   16,819,116
 
Diversified Telecommunication Services 3.4%        
AT&T Inc.,        
senior bond, 4.30%, 2/15/30 United States 3,000,000   3,586,260
senior note, 3.80%, 2/15/27 United States 11,800,000   13,586,987
Bell Canada Inc., senior bond, 4.30%, 7/29/49 Canada 6,000,000   7,871,719
France Telecom SA, senior bond, 9.00%, 3/01/31 France 6,600,000   10,859,169
        35,904,135
Electric Utilities 7.7%        
Commonwealth Edison Co., first mortgage, Secured, 4.00%, 3/01/48 United States 3,500,000   4,433,015
Duke Energy Corp., senior bond, 4.80%, 12/15/45 United States 2,565,000   3,390,815
Duke Energy Progress LLC, senior bond, 2.50%, 8/15/50 United States 5,000,000   5,040,041
a EDP Finance BV, senior note, 144A, 1.71%, 1/24/28 Netherlands 8,000,000   8,003,952
a Electricite de France SA, senior note, 144A, 4.50%, 9/21/28 France 2,200,000   2,626,495
Enel Finance International NV,        
a senior bond, 144A, 4.75%, 5/25/47 Italy 1,300,000   1,731,099
a senior note, 144A, 3.625%, 5/25/27 Italy 13,500,000   15,334,922
Exelon Corp., senior bond, 4.05%, 4/15/30 United States 10,000,000   11,845,032
Georgia Power Co.,        
senior bond, 4.30%, 3/15/42 United States 3,545,000   4,501,877
senior bond, 4.75%, 9/01/40 United States 2,950,000   3,880,227
PSEG Power LLC, senior note, 3.85%, 6/01/23 United States 4,100,000   4,413,890
a Saudi Electricity Global Sukuk Co. 2, senior bond, 144A, 5.06%, 4/08/43 Saudi Arabia 300,000   382,750
Virginia Electric and Power Co., senior note, 3.50%, 3/15/27 United States 7,200,000   8,228,565
a Vistra Operations Co. LLC, senior secured note, first lien, 144A, 3.55%,        
7/15/24 United States 7,400,000   8,017,297
        81,829,977
Electronic Equipment, Instruments & Components 2.0%        
Flex Ltd., senior note, 3.75%, 2/01/26 Singapore 5,300,000   5,932,496
FLIR Systems Inc., senior note, 2.50%, 8/01/30 United States 9,700,000   10,188,330

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Jabil Inc., senior note, 3.60%, 1/15/30 United States 5,000,000 $ 5,569,718
        21,690,544
Energy Equipment & Services 2.9%        
Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor Inc.,        
senior bond, 3.337%, 12/15/27 United States 6,800,000   7,619,526
senior bond, 4.08%, 12/15/47 United States 2,485,000   2,808,001
Schlumberger Holdings Corp.,        
a senior bond, 144A, 4.30%, 5/01/29 United States 6,500,000   7,600,832
a senior note, 144A, 3.75%, 5/01/24 United States 2,600,000   2,836,539
Total Capital International SA, senior note, 3.455%, 2/19/29 France 8,700,000   10,075,094
        30,939,992
Entertainment 0.9%        
The Walt Disney Co.,        
senior bond, 6.20%, 12/15/34 United States 4,300,000   6,520,276
senior note, 1.75%, 1/13/26 United States 2,400,000   2,516,506
        9,036,782
Equity Real Estate Investment Trusts (REITs) 2.0%        
Essex Portfolio LP, senior bond, 2.65%, 3/15/32 United States 7,000,000   7,524,094
a Global Net Lease Inc / Global Net Lease Operating Partnership LP, senior        
note, 144A, 3.75%, 12/15/27 United States 3,400,000   3,511,852
Simon Property Group LP, senior note, 3.375%, 12/01/27 United States 9,000,000   10,065,749
        21,101,695
Food & Staples Retailing 0.8%        
Walmart Inc., senior bond, 3.95%, 6/28/38 United States 7,000,000   8,929,607
Gas Utilities 0.3%        
Eastern Energy Gas Holdings LLC, senior bond, 3.90%, 11/15/49 United States 3,000,000   3,547,382
Health Care Providers & Services 3.6%        
Anthem Inc.,        
senior bond, 3.70%, 9/15/49 United States 1,000,000   1,196,040
Sr. Unsecured, 3.50%, 8/15/24 United States 4,000,000   4,390,351
Cigna Corp.,        
senior bond, 4.90%, 12/15/48 United States 5,450,000   7,494,824
senior note, 4.50%, 2/25/26 United States 6,500,000   7,623,352
CVS Health Corp., senior bond, 5.30%, 12/05/43 United States 8,300,000   11,243,013
HCA Inc., senior secured bond, first lien, 4.50%, 2/15/27 United States 5,100,000   5,934,824
        37,882,404
Hotels, Restaurants & Leisure 0.5%        
Marriott International Inc., senior bond, 3.125%, 6/15/26 United States 4,700,000   5,017,157
 
Household Durables 0.6%        
Mohawk Industries Inc., senior bond, 3.625%, 5/15/30 United States 5,500,000   6,158,734
Household Products 2.1%        
a Kimberly-Clark de Mexico SAB de CV, senior bond, 144A, 2.431%, 7/01/31 Mexico 10,100,000   10,447,996
The Procter & Gamble Co., senior bond, 3.00%, 3/25/30 United States 10,000,000   11,534,703
        21,982,699
Industrial Conglomerates 0.7%        
Honeywell International Inc., senior bond, 1.95%, 6/01/30 United States 7,000,000   7,416,200
 
Insurance 6.0%        
Aflac Inc., senior bond, 4.75%, 1/15/49 United States 4,750,000   6,628,872
Arch Capital Group Ltd., senior bond, 3.635%, 6/30/50 Bermuda 5,900,000   6,879,480
AXA SA 8.60%, 12/15/30 France 8,100,000   12,624,167
Marsh & McLennan Cos. Inc., senior bond, 4.90%, 3/15/49 United States 5,700,000   8,270,232
MetLife Inc., junior sub. bond, 6.40%, 12/15/66 United States 4,910,000   6,357,803
Prudential PLC, senior note, 3.125%, 4/14/30 United Kingdom 15,100,000   17,131,043

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
 
 
The Allstate Corp., senior bond, 4.20%, 12/15/46 United States 4,000,000 $ 5,291,821
        63,183,418
Interactive Media & Services 1.2%        
a Tencent Holdings Ltd., senior note, 144A, 3.595%, 1/19/28 China 12,000,000   13,246,440
 
Internet & Direct Marketing Retail 2.2%        
Alibaba Group Holding Ltd.,        
senior note, 3.125%, 11/28/21 China 5,800,000   5,915,152
senior note, 3.40%, 12/06/27 China 9,700,000   10,861,351
Amazon.com Inc., senior bond, 2.70%, 6/03/60 United States 6,400,000   6,852,631
        23,629,134
IT Services 1.5%        
Fiserv Inc., senior bond, 3.50%, 7/01/29 United States 13,800,000   15,778,583
Machinery 0.8%        
Caterpillar Inc., senior note, 2.60%, 4/09/30 United States 7,400,000   8,162,913
 
Media 1.9%        
Charter Communications Operating LLC/Charter Communications        
Operating Capital, senior bond, 2.80%, 4/01/31 United States 7,150,000   7,562,946
Comcast Corp., senior bond, 4.95%, 10/15/58 United States 5,900,000   8,958,224
Fox Corp., senior bond, 5.476%, 1/25/39 United States 3,000,000   4,114,096
        20,635,266
Metals & Mining 0.5%        
a Antofagasta PLC, senior note, 144A, 2.375%, 10/14/30 United Kingdom 5,000,000   5,025,000
Multi-Utilities 0.9%        
Berkshire Hathaway Energy Co.,        
senior bond, 3.80%, 7/15/48 United States 5,800,000   6,945,379
Sr. Unsecured, 5.15%, 11/15/43 United States 1,900,000   2,618,294
        9,563,673
Multiline Retail 1.2%        
Dollar Tree Inc.,        
senior note, 3.70%, 5/15/23 United States 5,050,000   5,407,267
senior note, 4.00%, 5/15/25 United States 6,100,000   6,889,575
        12,296,842
Oil, Gas & Consumable Fuels 10.7%        
Aker BP ASA,        
a senior bond, 144A, 4.00%, 1/15/31 Norway 3,350,000   3,634,303
a senior note, 144A, 3.75%, 1/15/30 Norway 5,000,000   5,268,601
Canadian Natural Resources Ltd., senior bond, 3.85%, 6/01/27 Canada 7,700,000   8,648,534
Cheniere Corpus Christi Holdings LLC, senior secured note, first lien,        
5.875%, 3/31/25 United States 6,700,000   7,802,685
Chevron Corp., senior bond, 3.078%, 5/11/50 United States 4,200,000   4,670,056
Devon Energy Corp., Sr. Unsecured, 4.75%, 5/15/42 United States 2,700,000   3,054,980
Energy Transfer Operating LP,        
senior bond, 6.05%, 6/01/41 United States 1,100,000   1,289,184
senior note, 4.50%, 4/15/24 United States 12,500,000   13,683,401
Exxon Mobil Corp.,        
senior bond, 2.61%, 10/15/30 United States 7,800,000   8,522,222
senior bond, 3.567%, 3/06/45 United States 5,000,000   5,752,648
MPLX LP,        
senior bond, 5.50%, 2/15/49 United States 1,775,000   2,337,440
senior note, 4.875%, 12/01/24 United States 5,000,000   5,738,944
senior note, 4.875%, 6/01/25 United States 8,000,000   9,247,544
Shell International Finance BV, senior bond, 3.25%, 4/06/50 Netherlands 7,000,000   7,943,283
The Williams Companies Inc., senior note, 4.30%, 3/04/24 United States 2,200,000   2,428,947
TransCanada PipeLines Ltd.,        
senior bond, 4.25%, 5/15/28 Canada 8,200,000   9,687,435
senior note, 6.10%, 6/01/40 Canada 3,400,000   4,683,083

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Valero Energy Corp., senior note, 4.35%, 6/01/28 United States 8,000,000 $ 9,113,097
        113,506,387
Paper & Forest Products 0.5%        
Suzano Austria GmbH, senior bond, 3.75%, 1/15/31 Austria 5,000,000   5,311,250
 
Pharmaceuticals 2.1%        
Bristol-Myers Squibb Co.,        
senior bond, 4.125%, 6/15/39 United States 2,700,000   3,448,025
senior bond, 5.00%, 8/15/45 United States 4,200,000   6,083,041
Royalty Pharma PLC, senior secured note, 1.75%, 9/02/27 United Kingdom 2,200,000   2,265,537
Takeda Pharmaceutical Co. Ltd. 3.175%, 7/09/50 Japan 10,200,000   10,872,068
        22,668,671
Real Estate Management & Development 0.6%        
ERP Operating LP, senior bond, 4.50%, 7/01/44 United States 3,500,000   4,633,619
Healthcare Trust of America Holdings LP, senior bond, 3.75%, 7/01/27 United States 1,300,000   1,475,141
        6,108,760
Road & Rail 1.3%        
Burlington Northern Santa Fe LLC, Sr. Unsecured, 5.75%, 5/01/40 United States 3,700,000   5,493,508
CSX Corp.,        
senior bond, 4.25%, 3/15/29 United States 4,600,000   5,577,784
senior bond, 4.25%, 11/01/66 United States 1,800,000   2,412,275
        13,483,567
Semiconductors & Semiconductor Equipment 1.0%        
Intel Corp., senior note, 3.70%, 7/29/25 United States 5,000,000   5,659,980
Maxim Integrated Products Inc., senior note, 3.375%, 3/15/23 United States 2,900,000   3,054,542
Micron Technology Inc., senior note, 2.497%, 4/24/23 United States 2,100,000   2,189,944
        10,904,466
Software 1.6%        
Microsoft Corp.,        
senior bond, 2.675%, 6/01/60 United States 3,600,000   3,911,250
senior note, 2.65%, 11/03/22 United States 2,500,000   2,604,659
ServiceNow Inc., senior bond, 1.40%, 9/01/30 United States 10,300,000   10,055,568
        16,571,477
Specialty Retail 1.0%        
AutoZone Inc.,        
senior bond, 1.65%, 1/15/31 United States 7,000,000   6,963,775
senior note, 3.75%, 4/18/29 United States 3,300,000   3,809,230
        10,773,005
Tobacco 2.7%        
a BAT International Finance PLC, senior note, 144A, 3.95%, 6/15/25 United Kingdom 6,500,000   7,315,571
Imperial Brands Finance PLC,        
a senior bond, 144A, 3.875%, 7/26/29 United Kingdom 3,400,000   3,812,166
a senior note, 144A, 4.25%, 7/21/25 United Kingdom 11,765,000   13,260,592
Reynolds American Inc., senior bond, 5.85%, 8/15/45 United Kingdom 3,705,000   4,741,315
        29,129,644
Wireless Telecommunication Services 1.8%        
a Sprint Spectrum Co. LLC, senior secured bond, first lien, 144A, 5.152%,        
9/20/29 United States 5,500,000   6,380,000
a Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co.        
III LLC, first lien, 144A, 3.36%, 3/20/23 United States 1,462,500   1,478,536
T-Mobile USA Inc.,        
a senior note, 144A, 2.05%, 2/15/28 United States 3,550,000   3,697,006
a senior note, 144A, 3.75%, 4/15/27 United States 7,000,000   7,978,600
        19,534,142
Total Corporate Bonds & Notes (Cost $977,065,013)       1,035,408,877
U.S. Government & Agency Securities 0.8%        
U.S. Treasury Bond 1.125%, 8/15/40 United States 9,500,000   8,981,953

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
Total U.S. Government & Agency Securities    
(Cost $9,064,336)   8,981,953
Total Investments (Cost $986,129,349) 98.5%   1,044,390,830
Other Assets, less Liabilities 1.5%   15,430,797
Net Assets 100.0% $ 1,059,821,627

 

*      The principal amount is stated in U.S. dollars unless otherwise indicated.
a      Security 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. At December 31, 2020, the aggregate value of these securities was $192,732,491, representing 18.2% of net assets.
 

                  FRANKLIN TEMPLETON ETF TRUST  
          STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)  
 
 
 
 
At December 31, 2020, 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)  
Index Contracts                    
U.S. Treasury 30 Yr. Bond Long 97 $ 16,799,188   3/22/21 $ (81,981 )
CME Ultra Long Term U.S. Treasury Bond Short 14   (2,989,875 ) 3/22/21   17,917  
Ultra 10 Yr. U.S. Treasury Note Short 64   (10,007,000 ) 3/22/21   25,495  
U.S. Treasury 5 Yr. Note Short 108   (13,625,719 ) 3/31/21   (27,387 )
U.S. Treasury 10 Yr. Note Short 124   (17,121,688 ) 3/22/21   (11,932 )
 
Total Futures Contracts           $   (77,888 )
*As of period end.                    
 
 
Abbreviations                    
 
Selected Portfolio                    
 
FHLB - Federal Home Loan Bank                  
FRN - Floating Rate Note                  
REIT - Real Estate Investment Trust                  

 

 

FRANKLIN TEMPLETON ETF TRUST      
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin Liberty Federal Tax-Free Bond ETF Principal Amount* Value  
Municipal Bonds 97.3%      
Alabama 0.3%      
Huntsville GO, wts., Series A, 5.00%, 5/01/37 250,000 $ 326,653
 
Alaska 0.7%      
Alaska State Municipal Bond Bank Authority Revenue, Refunding One, 5.00%, 12/01/31 425,000   559,440
Matanuska-Susitna Borough Lease Revenue, Goose Creek Correctional Center Project, Refunding, 4.00%,      
9/01/30 150,000   165,633
      725,073
Arizona 2.3%      
Arizona Board of Regents University of Arizona System Revenue, Refunding, 5.00%, 6/01/37 545,000   657,123
Glendale Az Indl Dev Auth Senior Living Facs Revenue, 4.00%, 5/15/31 400,000   439,784
Maricopa County UHSD No. 210 Phoenix, GO, Series C, 4.00%, 7/01/36 455,000   550,422
Phoenix Civic Improvement Corp. Wastewater System Revenue, junior lien, Series A, 5.00%, 7/01/25 100,000   121,046
Salt River Project Agricultural Improvement and Power District Electric System Revenue, Salt River Project,      
Refunding, Series A, 5.00%, 1/01/39 315,000   398,160
Scottsdale Municipal Property Corp. Excise Tax Revenue, Refunding, 5.00%, 7/01/34 100,000   143,968
      2,310,503
California 9.5%      
Anaheim CA Public Fing Auth Lease Revenue, zero cpn., 9/01/30 2,615,000   2,228,346
Burbank RDA Successor Agency Tax Allocation Revenue, Los Angeles County, Refunding, 3.00%, 12/01/32 100,000   108,253
California Health Facilities Financing Authority Revenue, Kaiser Permanente, Refunding, Series A, Subseries      
A-2, 4.00%, 11/01/38 1,005,000   1,188,533
California State GO, Various Purpose, Refunding, 3.00%, 10/01/37 2,220,000   2,494,770
Clovis USD, GO, Capital Appreciation, Refunding, zero cpn., 8/01/35 200,000   133,646
Konocti USD, GO, Capital Appreciation, Election of 2004, Series C, AGMC Insured, zero cpn., 8/01/28 150,000   130,071
Los Angeles Department of Water and Power Revenue, Power System, Refunding, Series D, 5.00%, 7/01/31 400,000   525,388
Novato CA Unif Sch Dist, 2.00%, 8/01/37 1,200,000   1,218,000
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   118,186
Sacramento Muni Utility District, Electric Revenue, Refunding, Series H, 5.00%, 8/15/38 500,000   675,435
Sierra View Local Health Care District, 4.00%, 7/01/26 500,000   574,335
South Tahoe Joint Powers Financing Authority Lease Revenue, Redevelopment Project Area No. 1, Series A,      
BAM Insured, 5.00%, 10/01/30 100,000   124,754
University of California Revenue, Limited Project, Series M, 5.00%, 5/15/34 100,000   125,339
      9,645,056
Colorado 2.7%      
Adams and Weld Counties School District No. 27J Brighton GO, The City and County of Broomfield, 5.00%,      
12/01/42 100,000   125,602
Cherry Creek School District No. 5 GO, Arapahoe County, Refunding, Series C, 5.00%, 12/15/35 100,000   127,162
Colorado Springs Utilities System Revenue, Refunding, Series A, 4.00%, 11/15/33 100,000   119,264
Colorado State Board of Governors University Enterprise System Revenue, Refunding, Series A, 4.00%,      
3/01/35 115,000   133,989
Colorado Water Resources and Power Development Authority State Revolving Fund Revenue, Series A,      
4.00%, 9/01/31 150,000   188,955
Greeley Water Revenue, Water Enterprise, 4.00%, 8/01/31 100,000   121,645
Regl Co Transprtn Dist Priv Activity Revenue,      
5.00%, 7/15/31 900,000   1,195,272
5.00%, 1/15/32 250,000   331,382
Sterling Ranch Cmnty Auth Brd Co Supported Revenue, 3.375%, 12/01/30 100,000   103,276
Westminster Water and Wstwtr Utility Enterprise Revenue, Refunding, 5.00%, 12/01/30 200,000   276,648
      2,723,195
Connecticut 2.6%      
Connecticut St,      
3.00%, 1/15/33 500,000   572,265
4.00%, 6/01/37 1,000,000   1,219,280
Connecticut State Health and Educational Facilities Authority Revenue,      
Yale New Haven Health Issue, Series B, 1.80%, 7/01/49 225,000   234,623
Yale University Issue, Series V-2, Daily VRDN and Put, .04%, 7/01/36 200,000   200,000

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Connecticut State Special Tax Obligation Revenue, Series A, 5.00%, 8/01/31 320,000 378,003
    2,604,171
Delaware 0.8%    
Delaware Transportation Auth. Sys. Revenue, 4.00%, 7/01/37 365,000 451,410
University of Delaware Revenue, 5.00%, 11/01/37 250,000 326,695
    778,105
District of Columbia 0.7%    
District of Columbia Income Tax Secured Revenue, Series A, 5.00%, 3/01/33 500,000 669,220
Florida 4.9%    
Florida State Turnpike Authority Revenue, Refunding, Series A, 3.00%, 7/01/36 650,000 743,717
Fort Myers Utility System Revenue, Refunding, Series A, 4.00%, 10/01/34 500,000 606,010
Gainesville Utilities System Revenue, Series A, 5.00%, 10/01/36 250,000 313,052
Miami-Dade Cnty Fl Aviation Revenue, 4.00%, 10/01/34 1,000,000 1,212,520
Miami-Dade County Transit System Sales Surtax Revenue, Refunding, 4.00%, 7/01/36 600,000 723,168
Pasco County GO, Fire-Rescue Projects Improvements, Series B, 5.00%, 10/01/36 455,000 598,662
Pompano Beach Fl Revenue, 3.50%, 9/01/30 250,000 270,795
Sarasota County Capital Import, Revenue, 5.00%, 10/01/34 250,000 336,445
Sarasota County Utility System Revenue, Refunding, Series A, 5.00%, 10/01/34 100,000 130,813
    4,935,182
Georgia 3.9%    
Atlanta Airport Revenue, General, Series A, 5.00%, 7/01/34 175,000 226,788
Cobb Cnty. Kennestone Hospital Auth., 3.00%, 4/01/37 910,000 991,509
Coweta County Water and Sewage Authority Revenue, Refunding, 4.00%, 6/01/35 100,000 121,214
Georgia St Road & Tollway Auth Revenue, 5.00%, 6/01/32 1,500,000 2,033,385
Main Street Natural Gas Inc. Gas Supply Revenue,    
Series A, 4.00%, 4/01/48 100,000 108,945
Sub-series B, Monthly VRDN and Put, .854%, 4/01/48 425,000 425,820
    3,907,661
Hawaii 0.3%    
Hawaii State Highway Revenue, Refunding, Series B, 5.00%, 1/01/29 255,000 316,368
Illinois 3.9%    
Chicago Il, zero cpn.,1/01/31 1,000,000 743,140
Illinois St, 5.00%, 10/01/31 750,000 903,270
Illinois St Fin Auth Revenue, 4.00%, 7/01/38 1,500,000 1,858,980
Illinois State Finance Authority Revenue, Field Museum of Natural History, Refunding, Mandatory Put,    
0.605%,11/01/34 290,000 288,617
Upper Illinois River Vly Il Dev Auth Mf Hsg Revenue, 3.25%, 12/01/32 150,000 152,485
    3,946,492
Indiana 0.3%    
East Allen Multi School Building Corp. Revenue, Allen County, Ad Valorem Property Tax, first mortgage,    
5.00%, 1/15/38 250,000 306,395
Kansas 0.1%    
Douglas County USD No. 497 GO, Series A, 3.50%, 9/01/32 100,000 112,718
Kentucky 0.7%    
Louisville & Jefferson Cnty Ky Met Govt Hlt, 5.00%, 10/01/47 500,000 658,270
Louisiana 2.8%    
Consolidated Govt of City of Baton Rouge & Parish of E Baton Rouge Sales Tax, 5.00%, 8/01/30 250,000 340,550
Louisiana GO, Series B, 4.00%, 10/01/34 240,000 283,190
New Orleans La Sewage Svc Revenue, 5.00%, 6/01/30 800,000 1,064,688
Terrebonne Levee & Conservation Dist., 4.00%, 6/01/39 1,000,000 1,162,270
    2,850,698
Maine 0.7%    
Maine Municipal Bond Bank Revenue, Series C, 5.00%, 11/01/31 135,000 172,382

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Maine State Housing Authority Mortgage Purchase Revenue, Series F, 3.85%, 11/15/33 500,000 560,490
    732,872
Maryland 2.8%    
Baltimore Md Proj Revenue, 4.00%, 7/01/37 1,030,000 1,277,983
Maryland St Hlth & Hgr Eductnl Facs Auth Revenue, 4.00%, 1/01/30 365,000 429,601
Maryland State GO, State and Local Facilities Loan, First Series, 5.00%, 3/15/32 135,000 179,799
Prince George's County GO, Consolidated Public Improvement, Series A, 3.00%, 9/15/32 100,000 112,993
State of Maryland, 5.00%, 8/01/28 600,000 800,424
    2,800,800
Massachusetts 5.2%    
Braintree GO, municipal Purpose Loan of 2019, Refunding, 4.00%, 6/01/32 250,000 303,713
Massachusetts Bay Transportation Authority Sales Tax Revenue, Sustainability Bonds, Subordinate, Series    
A, Subseries A-1, 5.00%, 7/01/33 100,000 126,074
Massachusetts Dev. Finance Agcy. Revenue, 5.00%, 7/01/34 490,000 592,513
Massachusetts St, 3.00%, 11/01/38 1,000,000 1,135,180
Massachusetts State Development Finance Agency Revenue, Worcester Polytechnic Institute Issue, 4.00%,    
9/01/44 400,000 449,876
Massachusetts State GO,    
Series G, 5.00%, 9/01/27 550,000 715,016
Series G, 5.00%, 7/01/37 350,000 470,606
Massachusetts Water Res. Auth., 5.00%, 8/01/36 1,000,000 1,362,300
University of Massachusetts Building Authority Revenue, Refunding, Senior Series A-1, 5.00%, 5/01/31 100,000 133,030
    5,288,308
Michigan 2.2%    
Lansing Board of Water and Light Utility System Revenue, Series A, 5.00%, 7/01/35 225,000 296,179
Michigan St Fin Auth Revenue,1.25%, 6/01/30 500,000 518,960
State of Michigan Trunk Line, 5.00%, 11/15/32 1,000,000 1,376,590
    2,191,729
Minnesota 3.2%    
Center City Health Care Facilities Revenue, Hazelden Betty Ford Foundation Project, Refunding, 4.00%,    
11/01/34 125,000 142,599
Dakota Cnty. Community Dev. Agcy., 5.00%, 1/01/28 1,000,000 1,303,070
Minnesota Housing Finance Agcy., 4.00%, 8/01/29 500,000 624,750
Minnesota State HFAR, State Appropriation Bonds, Housing Infrastructure, Series C, 4.00%, 8/01/34 250,000 304,190
Minnesota State Higher Education Facilities Authority Revenue, Macalester College, Refunding, 3.00%,    
3/01/35 500,000 540,770
Northern Municipal Power Agency Electric System Revenue, Refunding, 5.00%, 1/01/36 100,000 120,096
Southern Minnesota Municipal Power Agency Power Supply System Revenue, 5.00%, 1/01/31 100,000 126,903
University of Minnesota GO, Series A, 5.00%, 9/01/42 100,000 123,407
    3,285,785
Missouri 2.3%    
Curators of the University of Missouri System Facilities Revenue, Series B, 5.00%, 11/01/30 500,000 696,035
Kansas City Mo Indl Dev Auth Arpt Spl Oblig, 5.00%, 3/01/33 500,000 639,215
Missouri State Health and Educational Facilities Authority Health Facilities Revenue, St. Luke's Episcopal-    
Presbyterian Hospitals, 4.00%, 12/01/35 755,000 885,487
Platte County School District Park Hill GO, Direct Deposit Program, 3.00%, 3/01/33 100,000 108,488
    2,329,225
Montana 0.1%    
Cascade County High School District No. 1 Great Falls GO, School Building, 5.00%, 7/01/25 100,000 120,252
Nevada 2.5%    
Clark County School District GO, Building, Refunding, Series A, 5.00%, 6/15/26 100,000 122,337
Las Vegas GO, Limited Tax, Various Purpose, Refunding, Series C, 4.00%, 6/01/32 500,000 584,905

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Nevada St, 2.125%, 5/01/38 1,820,000 1,863,352
    2,570,594
New Hampshire 0.1%    
New Hampshire State Health and Education Facilities Authority Revenue, University System of New    
Hampshire Issue, Refunding, Series A, 5.00%, 7/01/27 100,000 126,760
 
New Jersey 6.3%    
New Jersey St, 4.00%, 6/01/32 1,180,000 1,472,133
New Jersey St Econ Dev Auth Revenue, 5.25%, 4/01/28 1,000,000 1,255,380
New Jersey St Transprtn Trust Fund Auth, 4.00%, 6/15/36 1,000,000 1,152,710
New Jersey State Go, Covid-19 Emergency Bonds, Series A, 3.00%, 6/01/32 940,000 1,064,691
New Jersey State Transportation Trust Fund Authority Revenue,    
Transportation System, Capital Appreciation, Series C, AGMC Insured, zero cpn.,    
12/15/29 870,000 755,160
Transportation System, Capital Appreciation, Series A, zero cpn., 12/15/39 1,000,000 574,790
Pinelands Regional School District GO, Refunding, AGMC Insured, 3.00%, 8/01/27 100,000 112,934
    6,387,798
New Mexico 0.1%    
Santa Fe Net Wastewater Utility System/ Environmental Services Gross Receipts Tax Improvement    
Revenue, Climate Bond Certified, Green Bonds, BAM Insured, 4.00%, 6/01/35 100,000 118,038
 
New York 8.9%    
City of New York NY, 5.00%, 4/01/37 500,000 624,810
Long Island Power Authority Electric System Revenue, General, Series A, 5.00%, 9/01/28 300,000 397,629
Met Transprtn Auth Ny Revenue, 5.00%, 11/15/32 500,000 618,490
MTA Revenue, Transportation, Green Bonds, Climate Bond Certified, Refunding, Series B, 5.00%, 11/15/28 100,000 120,742
New York City GO, Fiscal 2018, Series B, Subseries B-1, 4.00%, 10/01/36 100,000 116,763
New York City Ny Indl Dev Agy Revenue,    
2.50%, 3/01/37 1,000,000 1,022,160
5.00%, 3/01/30 1,000,000 1,322,070
New York City Transitional Finance Authority Revenue, Future Tax Secured, Subordinate, Fiscal 2018, Series    
B, Subseries B-1, 5.00%, 8/01/34 100,000 124,392
New York Liberty Development Corp. Revenue, Goldman Sachs Headquarters Issue, Second Tranche,    
5.25%, 10/01/35 1,300,000 1,891,006
New York St Transprtn Dev Corpspl Fac Revenue,    
5.00%, 12/01/30 100,000 128,816
5.00%, 12/01/34 500,000 644,870
New York State Dormitory Authority Revenues, Rochester Institute of Technology, Series A, 5.00%, 7/01/39 300,000 383,604
New York State Dormitory Authority Revenues, Non-State Supported Debt, School Districts, Financing    
Program, Refunding, Series G, BAM Insured, 3.00%, 10/01/33 100,000 106,255
New York State Dormitory Authority Sales Tax Revenue, Series A, 5.00%, 3/15/33 670,000 852,133
New York State Urban Dev. Corp., 5.00%, 3/15/31 630,000 690,159
    9,043,899
North Carolina 0.2%    
University of North Carolina at Charlotte Revenue,, General, Board of Governors Refunding, 4.00%, 10/01/34 100,000 116,727
Winston-Salem City Water and Sewer System Revenue, 4.00%, 6/01/33 100,000 118,872
    235,599
Ohio 2.8%    
American Municipal Power Inc. Revenue, Prairie State Energy Campus Project, Refunding, 5.00%, 2/15/33 705,000 933,371
Columbus GO, Series A, 3.00%, 4/01/28 100,000 114,374
Franklin County Hospital Facilities Revenue, Nationwide Children's Hospital Project, Refunding, Series A,    
3.125%, 11/01/33 50,000 55,362
Franklin County Sales Tax Revenue, Various Purpose, 5.00%, 6/01/43 450,000 566,086
Hudson City School District GO, School Improvement, 4.00%, 12/01/31 100,000 115,498
Licking Heights Local School District GO, School Facilities Construction and Improvement, Series, 5.00%,    
10/01/30 100,000 125,491
Northeast Regional Sewer District Revenue,    
Wastewater Improvement, Refunding, 3.00%, 11/15/35 500,000 579,995
Wastewater Improvement, Refunding, 4.00%, 11/15/34 100,000 120,425
Ohio State GO, Highway Capital Improvements, Full Faith and Credit/Highway User Receipts, Series S,    
5.00%, 5/01/23 100,000 111,226

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Ohio State Water Development Authority Revenue, Community Assistance, Refunding, 4.00%, 12/01/30 100,000 130,093
    2,851,921
Oklahoma 1.0%    
Oklahoma City GO, 4.00%, 3/01/33 500,000 589,895
Oklahoma State Water Resources Board Loan Program Revnue, Series A, 2.25%, 10/01/36 400,000 425,376
    1,015,271
Oregon 3.2%    
City of Beaverton Water Revenue, 5.00%, 4/01/34 500,000 668,740
Clackamas County School District No. 7J Lake Oswego GO, Multnomah and Washington Counties, 5.00%,    
6/01/29 310,000 394,605
Deschutes Cnty Or Hosp Facs Auth Hosp Revenue, 4.00%, 1/01/38 1,000,000 1,164,180
Marion and Polk Countys or School District No. 24J Salem, Series C, 4.00%, 6/15/36 500,000 623,530
Oregon State Housing and Community Services Department Mortgage Revenue, Series D, 3.15%, 7/01/32 90,000 98,250
Portland Community College District GO, Multnomah Washington Yamhill Clackamas and Columbia    
Counties, Refunding, 5.00%, 6/15/25 100,000 120,990
Washington County GO, Full Faith and Credit Obligations, Series B, 5.00%, 3/01/25 175,000 209,479
    3,279,774
Pennsylvania 6.4%    
Albert Gallatin Pa Area Sch Dist, 4.00%, 9/01/27 1,000,000 1,187,490
Delaware Valley Regional Finance Authority Revenue, Series A, 5.50%, 8/01/28 810,000 1,058,022
Geisinger Authority Health System Revenue, Geisinger Health System Obligation Group, Refunding, Series    
A, 4.00%, 4/01/39 1,775,000 2,133,391
Pennsylvania St, 3.00%, 5/01/36 1,500,000 1,685,820
Pennsylvania State Economic Development Financing Authority Revenue, UPMC, Refunding, Series A,    
3.375%, 11/15/33 125,000 136,811
Pennsylvania State University Revenue, 5.00%, 9/01/38 250,000 327,935
    6,529,469
Puerto Rico 0.2%    
Puerto Rico Commonwealth Highways And Transportation Authority Transportation Revenue, Refunding,    
Series N, Assured Guaranty, 5.25%, 7/01/36 200,000 240,416
 
South Dakota 1.4%    
South Dakota St Brd Of Rgts Hsg & Auxiliary Fac Sys, 3.00%, 4/01/34 1,230,000 1,367,957
 
Tennessee 1.2%    
Chattanooga Health Educational and Housing Facility Board Revenue, Commonspirit Health, Refunding,    
Series A-1, 5.00%, 8/01/25 250,000 296,300
Kingsport GO, Series B, 3.00%, 3/01/35 130,000 139,658
Lawrenceburg GO, Refunding, 2.50%, 6/01/27 100,000 104,297
Metropolitan Government of Nashville and Davidson County GO, Improvement, Refunding, 4.00%, 7/01/29 100,000 120,389
Metropolitan Government of Nashville and Davidson County Water and Sewer Revenue, Green Bonds,    
Subordinate, Refunding, Series A, 5.00%, 7/01/36 100,000 124,189
Tennessee HDA Residential Finance Program Revenue, Issue 2019-2, Refunding, 1.95%, 1/01/26 250,000 264,057
Tennessee State School Bond Authority Revenue, Higher Educational Facilities Second Program, Series A,    
5.00%, 11/01/37 100,000 125,433
    1,174,323
Texas 4.8%    
Central Texas Regional Mobility Auth. Revenue, 5.00%, 1/01/33 400,000 521,860
Cypress-Fairbanks Independent School Dist., 4.00%, 2/15/34 750,000 944,850
El Paso Water and Sewer Revenue, Refunding and Improvement, 4.00%, 3/01/33 100,000 116,613
Fort Worth Water and Sewer Revenue, System, 5.00%, 2/15/32 295,000 379,069
Lamar Consolidated ISD, GO, Fort Bend County, School House, PSF Guarantee, 4.00%, 2/15/30 600,000 751,500
Lewisville Independance School District GO, Refunding, 5.00%, 8/15/32 750,000 1,007,760
Pflugerville ISD, GO, Series A, PSF Guarantee, 5.00%, 2/15/29 100,000 130,307
Round Rock Utility Revenue, Refunding, 2.75%, 8/01/29 100,000 109,002
Texas A&M University System Board of Regents Revenue, Financing System, Refunding, Series C, 5.00%,    
5/15/33 100,000 125,479
Texas State Water Development Board Revenue,    
State Water Implementation Fund, Master Trust, Series A, 4.00%, 10/15/33 115,000 139,188

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
Water Implementation Fund, Series A, 4.00%, 10/15/35 500,000   603,095
      4,828,723
Utah 1.5%      
Provo GO, Refunding, 4.00%, 1/01/23 100,000   107,664
South Jordan Sales Tax Revenue, Refunding, 5.00%, 8/15/38 325,000   427,115
Utah State Building Ownership Authority Lease Revenue, State Facilities Master Lease Program, 2.50%,      
5/15/27 100,000   107,267
Utah State Water Finance Agency Revenue, Loan Financing Program, Series B, 5.00%, 3/01/38 200,000   258,166
Utah Transit Auth., Sales Tax Revenue, 5.00%, 6/15/29 500,000   594,450
      1,494,662
Virginia 1.0%      
Arlington County GO, Public Improvement, 4.00%, 6/15/35 500,000   622,245
Henrico County Water and Sewer System Revenue, Refunding, 4.00%, 5/01/32 250,000   309,575
Virginia College Building Authority Educational Facilities Revenue, Public Higher Education Financing      
Program, Series A, 5.00%, 9/01/32 100,000   130,473
      1,062,293
Washington 1.8%      
King and Snohomish Counties School District No 417 Northshore GO, 5.00%, 12/01/31 100,000   130,193
Seattle Drainage and Wastewater Revenue, Refunding, 4.00%, 4/01/31 125,000   145,827
Seattle Municipal Light and Power Revenue, Improvement and Refunding, Series C, 4.00%, 9/01/35 700,000   826,679
Spokane County School District No. 356 Central Valley GO,      
5.00%, 12/01/26 100,000   126,953
5.00%, 12/01/28 310,000   402,061
Washington Health Care Facilities Authority Revenue, MultiCare Health System, Refunding, Series B, 5.00%,      
8/15/29 125,000   161,470
      1,793,183
Wisconsin 0.9%      
Brookfield GO, Waukesha County, Refunding, 3.00%, 12/01/25 100,000   112,949
Public Fin Auth Wi Mf Hsg Revenue, 3.50%, 12/01/50 200,000   200,838
Wisconsin Center Dist Wi Tax Revenue, zero cpn.,12/15/30 680,000   574,552
      888,339
Variable Rate Demand Notes 0.1%      
North Carolina 0.1%      
The Charlotte-Mecklenburg Hospital Authority Revenue, Carolinas HealthCare System, Refunding, Series C,      
Daily VRDN and Put, 0.09%, 1/15/37 100,000   100,000
 
Total Investments (Cost $95,144,373) 97.4%     98,673,750
 
Other Assets, less Liabilities 2.6%     2,602,500
Net Assets 100.0%   $ 101,276,250

 

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

Abbreviations

Selected Portfolio

AGMC - Assured Guaranty Municipal Corp.
BAM - Build America Mutual Assurance Co.
CFD - Community Facilities District
GO - General Obligation
HDA - Housing Development Authority/Agency
HFAR - Housing Finance Authority Revenue
ISD - Independent School District
MTA - Metropolitan Transit Authority
PSF - Permanent School Fund
RDA - Redevelopment Agency/Authority
UHSD - Unified/Union High School District
USD - Unified/Union School District

 

 

FRANKLIN TEMPLETON ETF TRUST

Statement of Investments, December 31, 2020 (unaudited)

Franklin Liberty Senior Loan ETF Country Principal Amount*   Value
* Corporate Bonds & Notes 4.3%        
Airlines 0.5%        
a Delta Air Lines Inc./SkyMiles IP Ltd., first lien, 144A, 4.500%, 10/20/25 United States 250,000 $ 267,301
Construction Materials 0.7%        
a Cemex SAB de CV, senior secured note, 144A, 5.200%, 9/17/30 Mexico 375,000   411,656
Containers & Packaging 0.7%        
Reynolds Group Issuer Inc./Reynolds Group Issuer LLC/Reynolds Group        
Issuer Luxembourg SA, senior secured note, 4.000%, 10/15/27 United States 400,000   410,500
Diversified Financial Services 0.4%        
a Vmed O2 UK Financing I PLC, senior secured bond, 144A, 4.250%,        
1/31/31 United Kingdom 210,000   215,070
Media 0.5%        
a Diamond Sports Group LLC/Diamond Sports Finance Co., first lien, 144A,        
5.375%, 8/15/26 United States 310,000   252,456
a Univision Communications Inc., senior secured note, first lien, 144A,        
5.125%, 2/15/25 United States 44,444   44,861
        297,317
Oil, Gas & Consumable Fuels 0.3%        
Cheniere Energy Inc., 4.625%, 10/15/28 United States 150,000   157,688
Specialty Retail 1.2%        
Harbor Freight Tools USA Inc., Refinancing Loan, 4.000%, 10/19/27 United States 495,462   496,364
a Staples Inc., 144A, 7.500%, 4/15/26 United States 161,000   168,396
        664,760
Total Corporate Bonds & Notes (Cost $2,298,306)       2,424,292
b Senior Floating Rate Interests 88.0%        
Aerospace & Defense 2.1%        
Dynasty Acquisition Co. Inc.,        
Initial Term B-1 Loan, 3.807%, 4/04/26 United States 808,202   772,281
Initial Term B-2 Loan (CAD), 3.807%, 4/04/26 United States 434,517   415,205
        1,187,486
Airlines 1.9%        
American Airlines Inc., 2018 Replacement Term Loans, 3.542%, 6/27/25 United States 759,451   633,002
Delta Air Lines Inc., Term Loan, 5.750%, 4/29/23 United States 318,870   324,450
c SkyMiles IP Ltd/Delta Air Lines Inc., Term Loan B, TBD, 10/20/27 United States 136,597   141,976
        1,099,428
Auto Components 2.7%        
Clarios Global LP (Power Solutions), Initial Dollar Term Loan, 3.658%,        
4/30/26 United States 1,551,429   1,549,163
Building Products 1.1%        
Allied Universal Holdco LLC, Term Loan B, 4.397%, 7/12/26 United States 299,244   298,420
White Cap Buyer LLC, Term Loan, 4.500%, 10/07/27 United States 300,000   300,312
        598,732
Chemicals 3.4%        
Nouryon USA LLC, Term Loan B, 3.151%, 10/01/25 Netherlands 795,069   788,609
Univar Solutions USA Inc., first lien, Term B-5 Loans, 2.156%, 7/01/26 United States 72,535   72,037
Univar USA Inc., Term B-3 Loans, 2.406%, 7/01/24 United States 1,098,071   1,095,815
        1,956,461
Commercial Services & Supplies 2.7%        
Intrado Corp., Term B Loans, 5.000%, 10/10/24 United States 245,419   238,551

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
Prime Security Services Borrower LLC, Term B-1 Facility, 4.250%, 9/12/26 United States 1,287,037 1,296,890
      1,535,441
Communications Equipment 2.8%      
CommScope Inc., Initial Term Loans, 3.406%, 4/04/26 United States 1,580,000 1,572,922
Containers & Packaging 1.5%      
Berry Global Inc., Term Y Loans, 2.155%, 7/01/26 United States 358,807 357,643
Reynolds Group Holdings Inc., U.S. Term Loans, 2.906%, 2/05/23 United States 475,445 474,257
      831,900
Diversified Consumer Services 0.1%      
c Sabre GLBL Inc., 2020 Other Term B Loans, TBD, 12/14/27 United States 43,448 43,611
Diversified Financial Services 3.9%      
Amentum Government Services Holdings LLC, Term Loan B, 5.500%,      
1/31/27 United States 708,720 715,807
Asurion LLC,      
Replacement B-6 Term Loans, 3.156%, 11/03/23 United States 1,024,464 1,015,710
Term Loan B-8, 3.397%, 12/16/26 United States 504,854 500,436
      2,231,953
Diversified Telecommunication Services 3.2%      
Altice France SA/Numericable U.S. LLC/ Ypso France SAS, USD TLB-13      
Incremental Term Loans, FRN, 4.237%, 8/14/26 France 797,874 796,462
Zayo Group Holdings Inc. (Front Range BidCo), Initial Dollar Term Loan,      
3.156%, 3/09/27 United States 1,048,194 1,044,169
      1,840,631
Electric Utilities 1.3%      
c Brookfield WEC Holdings Inc., Initial Term Loans, TBD, 8/01/25 United States 722,626 721,853
Food & Staples Retailing 1.2%      
Aramark Corp., U.S. Term B-3 Loan, 3.353%, 3/11/25 United States 697,750 690,860
 
Health Care Providers & Services 4.6%      
c ADMI Corp. (Aspen Dental), Term Loan B, TBD, 12/15/27 United States 433,433 434,625
Air Medical Global Holding Inc., 2018 New Term Loans, 5.250%, 3/14/25 United States 361,188 358,479
Gentiva Health Services Inc., Term B Loans, 3.437%, 7/02/25 United States 412,330 411,301
c Milano Acquisition Corp., Term Loan B, TBD, 8/09/27 United States 589,007 590,355
Phoenix Guarantor Inc., Tranche B-1 Term Loan, 3.402%, 3/05/26 United States 847,859 844,506
      2,639,266
Health Care Technology 0.5%      
Change Healthcare Holdings LLC, Closing Date Term Loan, 3.500%,      
3/01/24 United States 282,838 282,008
Hotels Restaurants & Leisure 4.4%      
1011778 B.C. ULC, Term B-4 Loan, 1.906%, 11/19/26 Canada 1,451,075 1,433,394
Caesars Resort Collection LLC,      
Term B-1 Loans, 4.725%, 6/19/25 United States 129,216 129,640
Term B Loans, 2.906%, 12/22/24 United States 795,733 782,607
IRB Holding Corp., Fourth Amendment Incremental Term Loans, 4.250%,      
12/15/27 United States 153,454 153,909
      2,499,550
Insurance 5.3%      
c Acrisure LLC, Term Loan B, TBD, 2/15/27 United States 698,241 687,041
Alliant Holdings Intermediate LLC, Term Loan B, 4.250%, 10/08/27 United States 41,112 41,215
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer, Initial Term      
Loan, 2.906%, 5/10/25 United States 445,431 439,120
AssuredPartners Inc.,      
June Incremental Term Loan, 5.50%, 2/13/27 United States 362,774 364,136
2020 February Refinancing Term Loans, 3.656%, 2/13/27 United States 796,732 786,335
Mitchell International Inc., Amendment No. 2 New Term Loans, 4.750%,      
12/01/24 United States 698,250 700,170

 

 

    FRANKLIN TEMPLETON ETF TRUST
 
 
 
 
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
      3,018,017
Interactive Media & Services 1.9%      
MH Sub I LLC & Micro Holding Corp.,      
Initial Term Loans, 4.572%, 9/15/24 United States 896,911 887,328
2020 June New Term Loans, 4.750%, 9/15/24 United States 189,322 189,322
      1,076,650
IT Services 4.5%      
Dun & Bradstreet Corp.,      
Term Loan B, 3.898%, 2/08/26 United States 299,246 299,952
c2020 Incremental Term Loan, TBD, 2/08/26 United States 60,103 60,244
Tibco Software Inc., Term B-3 Loans, 3.910%, 7/31/26 United States 696,500 685,398
Verscend Holding Corp., Term B Loans, 4.656%, 7/27/25 United States 667,098 668,099
Sedgwick Claims Management Services Inc., Initial Term Loans, 3.406%,      
12/31/25 United States 845,685 833,884
      2,547,577
Leisure Equipment & Products 1.5%      
Playtika Holding Corp., Term B Loans, 7.072%, 12/10/24 United States 845,500 852,277
Machinery 1.5%      
Vertical US Newco Inc. (thyssenkrupp Elevator), Term Loan B, 4.566%,      
7/01/27 United States 857,328 864,980
 
Media 12.1%      
c Clear Channel Outdoor Holdings Inc., Term B Loan, TBD, 8/21/26 United States 298,489 288,121
CSC Holdings LLC, March 2017 Incremental Term Loans, 2.402%, 7/17/25 United States 1,257,116 1,241,402
Diamond Sports Group LLC, Term Loan, 3.410%, 8/24/26 United States 543,661 483,858
d Nexstar Broadcasting Inc., Term B-4 Loan, 2.905%, 9/19/26 United States 1,380,393 1,374,188
Nielsen Finance LLC (VNU Inc.), Dollar Term B-5 Loan, 4.750%, 6/04/25 United States 105,530 106,497
c Radiate Holdco LLC, Term Loan, TBD, 9/10/26 United States 163,917 164,403
Sinclair Television Group Inc., Tranche B Term Loans, 2.410%, 1/03/24 United States 440,715 436,859
Univision Communications Inc., 2020 Replacement New First-Lien Term      
Loans, 4.750%, 3/24/26 United States 894,031 897,693
WideOpenWest Finance LLC, Term B Loan, 4.250%, 8/19/23 United States 1,098,645 1,097,804
William Morris Endeavor Entertainment LLC and IMG LLC, Term Loan B,      
2.900%, 5/18/25 United States 897,599 832,146
      6,922,971
Oil, Gas & Consumable Fuels 2.6%      
c Blackstone CQP Holdco LP, Initial Term Loans, TBD, 9/30/24 United States 298,485 298,112
Buckeye Partners LP, Initial Term Loans, 2.905%, 11/01/26 United States 1,191,000 1,191,375
      1,489,487
Personal Products 2.4%      
Sunshine Luxembourg VII SARL (Nestle Skin Health), Facility B1      
Commitments, 5.322%, 9/25/26 Luxembourg 1,386,000 1,394,559
Pharmaceuticals 3.2%      
Grifols Worldwide Operations USA Inc., Dollar Tranche B Term Loan,      
2.106%, 11/15/27 United States 781,614 776,119
Valeant Pharmaceuticals International, Initial Term Loans, 3.183%, 6/02/25 United States 1,038,898 1,036,467
      1,812,586
Professional Services 1.0%      
Tempo Acquisition LLC, Term Loan, 3.75%, 10/31/26 United States 598,496 595,692
Real Estate Management & Development 1.3%      
Cushman & Wakefield U.S. Borrower LLC, Replacement Term Loan,      
2.906%, 8/21/25 United States 727,172 716,173
Software 8.0%      
Athenahealth Inc. (VVC Holding Corp.), Term B Loans, 4.749%, 2/11/26 United States 746,079 747,012
Epicor Software Corporation, Term B Loans, 5.250%, 7/30/27 United States 336,182 338,791
Finastra USA Inc., Dollar Term Loan, 4.500%, 6/13/24 United States 900,453 884,321
Hyland Software Inc., Term Loans, 4.000%, 7/01/24 United States 1,057,740 1,061,706

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
 
 
LogMeIn Inc., Initial Term Loans, 4.905%, 8/31/27 United States 880,302   879,206
c MA Finance Co., Tranche B-4 Term Loans, TBD, 5/29/25 United States 447,847   452,886
The Ultimate Software Group Inc., 2020 Incremental Term Loan, 4.750%,        
5/03/26 United States 190,424   191,711
        4,555,633
Specialty Retail 4.4%        
Bass Pro Group LLC, Initial Term Loans, 6.072%, 9/25/24 United States 593,862   596,727
c EG America LLC, Additional Facility Loan, TBD, 2/06/25 United States 431,517   427,689
Michaels Stores Inc., New Term Loan, 4.250%, 9/17/27 United States 361,945   360,476
PETCO Animal Supplies Stores Inc., Term Loans, 4.25%, 1/26/23 United States 272,013   261,209
Staples Inc., 2019 Refinancing Term B-1 Loans, 5.251%, 4/12/26 United States 881,380   856,137
        2,502,238
Technology Hardware, Storage & Peripherals 0.9%        
Greeneden U.S. Holdings II LLC (Genesys), Initial Dollar Term Loan,        
4.750%, 12/01/27 United States 420,719   422,232
c Sophia LP (Ellucian), Closing Date Term Loans, TBD, 10/05/27 United States 81,220   81,611
        503,843
Total Floating Rate Loans (Cost $49,890,424)       50,133,948
Asset-Backed Securities 5.1%        
a,e AMMC CLO 15 Ltd., 2014-15A, CRR, 144A, 2.575%, 3,01/15/2032 United States 1,000,000   979,726
a,e BlueMountain CLO Ltd., 2018-3A, C, 144A, 2.444%, 2,10/25/2030 United States 1,000,000   987,336
a,e LCM XVIII LP, 2018A, CR, 144A, 2.121%, 2,04/20/2031 United States 1,000,000   967,462
Total Asset-Backed Securities (Cost $2,996,875)       2,934,524
Total Investments (Cost $55,185,605) 97.4%       55,492,764
 
Other Assets, less Liabilities 2.6%       1,504,274
Net Assets 100.0%     $ 56,997,038

 

*      The principal amount is stated in U.S. dollars unless otherwise indicated.
a      Security 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. At December 31, 2020, the aggregate value of these securities was $4,294,264, representing 7.5% of net assets.
b      The coupon rate shown represents the rate at period end.
c      A 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.
d      A portion or all of the security purchased on a delayed delivery basis.
e      The coupon rate shown represents the rate inclusive of any caps or floors, if applicable, in effect at period end.

Abbreviations

Selected Portfolio

CLO - Collateralized Loan Obligation
FRN - Floating Rate Note
TBD - To be determined
USD - Unified/Union School District

 

 

FRANKLIN TEMPLETON ETF TRUST

Statement of Investments, December 31, 2020 (unaudited)

Franklin Liberty Systematic Style Premia ETF Country Shares   Value
Common Stocks 80.2%        
Aerospace & Defense 0.2%        
Lockheed Martin Corp. United States 243 $ 86,260
Air Freight & Logistics 2.7%        
C.H. Robinson Worldwide Inc. United States 633   59,420
Deutsche Post AG Germany 4,862   240,930
Expeditors International of Washington Inc. United States 779   74,091
FedEx Corp. United States 1,231   319,592
SG Holdings Co. Ltd. Japan 1,600   43,578
United Parcel Service Inc., B United States 3,273   551,173
        1,288,784
Automobiles 0.4%        
a Fiat Chrysler Automobiles NV United Kingdom 5,419   97,202
a Peugeot SA France 2,897   79,293
        176,495
Banks 3.8%        
a BNP Paribas SA France 4,896   258,221
BOC Hong Kong (Holdings) Ltd. Hong Kong 18,000   54,554
Canadian Imperial Bank of Commerce Canada 2,200   187,743
Chuo Mitsui Trust Holdings Inc. Japan 1,600   49,234
a Credit Agricole SA France 5,081   64,158
DBS Group Holdings Ltd. Singapore 8,700   164,830
Hang Seng Bank Ltd. Hong Kong 3,700   63,799
a ING Groep NV Netherlands 17,566   164,227
Mediobanca Banca di Credito Finanziario SpA Italy 3,117   28,756
Mizuho Financial Group Inc. Japan 11,600   146,903
Oversea-Chinese Banking Corp. Ltd. Singapore 16,100   122,548
PNC Financial Services Group Inc. United States 631   94,019
Resona Holdings Inc. Japan 10,000   34,907
a Standard Chartered PLC United Kingdom 13,230   84,257
a Swedbank AB, A Sweden 4,470   78,443
a UniCredit SpA Italy 10,724   100,352
United Overseas Bank Ltd. Singapore 5,700   97,426
        1,794,377
Beverages 0.5%        
Molson Coors Beverage Co., B United States 954   43,111
a Monster Beverage Corp. United States 1,873   173,215
        216,326
Biotechnology 4.6%        
AbbVie Inc. United States 4,910   526,106
a Alexion Pharmaceuticals Inc. United States 1,060   165,614
Amgen Inc. United States 2,461   565,833
a Genmab A/S Denmark 303   122,674
Gilead Sciences Inc. United States 3,102   180,723
a Regeneron Pharmaceuticals Inc. United States 514   248,319
a Seagen Inc. United States 258   45,186
a Vertex Pharmaceuticals Inc. United States 1,205   284,790
        2,139,245
Building Products 0.8%        
A O Smith Corp. United States 617   33,824
AGC Inc. Japan 900   31,382
a Compagnie de Saint-Gobain France 2,578   118,287
Geberit AG Switzerland 75   47,022
a Kingspan Group PLC Ireland 765   53,727
Lennox International Inc. United States 159   43,561

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
Masco Corp. United States 1,244 68,333
      396,136
Capital Markets 3.8%      
3i Group PLC United Kingdom 4,737 74,983
Credit Suisse Group AG Switzerland 11,612 149,756
FactSet Research Systems Inc. United States 178 59,185
Hong Kong Exchanges and Clearing Ltd. Hong Kong 5,900 323,388
Invesco Ltd. United States 1,883 32,821
Nomura Holdings Inc. Japan 15,500 81,820
S&P Global Inc. United States 1,160 381,327
Singapore Exchange Ltd. Singapore 3,600 25,277
State Street Corp. United States 1,610 117,176
T. Rowe Price Group Inc. United States 1,055 159,716
The Bank of New York Mellon Corp. United States 3,303 140,179
UBS Group AG Switzerland 18,219 257,018
      1,802,646
Chemicals 1.0%      
Covestro AG Germany 918 56,700
EMS-Chemie Holding AG Switzerland 38 36,670
Johnson Matthey PLC United Kingdom 958 31,756
Mitsui Chemicals Inc. Japan 900 26,370
Nitto Denko Corp. Japan 800 71,519
The Sherwin-Williams Co. United States 353 259,423
      482,438
Commercial Services & Supplies 0.1%      
Rollins Inc. United States 1,143 44,657
Communications Equipment 0.1%      
a F5 Networks Inc. United States 143 25,159
Construction Materials 0.1%      
HeidelbergCement AG Germany 740 55,430
Containers & Packaging 0.4%      
International Paper Co. United States 1,838 91,385
Sealed Air Corp. United States 738 33,793
Smurfit Kappa Group PLC Ireland 1,014 47,196
WestRock Co. United States 817 35,564
      207,938
Diversified Financial Services 0.5%      
Investor AB, B Sweden 2,238 163,288
Kinnevik AB, B Sweden 1,183 59,852
      223,140
Diversified Telecommunication Services 0.6%      
BT Group PLC United Kingdom 44,196 79,897
CenturyLink Inc. United States 4,519 44,060
Nippon Telegraph & Telephone Corp. Japan 5,900 151,179
      275,136
Electric Utilities 1.3%      
Chubu Electric Power Co. Inc. Japan 3,100 37,322
a EDF SA France 2,454 38,718
Endesa SA Spain 1,562 42,715
Enel SpA Italy 26,340 266,722
Hydro One Ltd. Canada 1,600 35,981
NRG Energy Inc. United States 1,228 46,111
Power Assets Holdings Ltd. Hong Kong 7,000 37,917
Red Electrica Corp. SA Spain 2,116 43,431
Terna Rete Elettrica Nazionale SpA Italy 6,553 50,112
      599,029
Electrical Equipment 0.5%      
Emerson Electric Co. United States 300 24,111
Mitsubishi Electric Corp. Japan 8,600 129,693

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Rockwell Automation Inc. United States 396 99,321
      253,125
Electronic Equipment, Instruments & Components 0.7%      
a Arrow Electronics Inc. United States 382 37,169
Murata Manufacturing Co. Ltd. Japan 2,500 225,677
TDK Corp. Japan 600 90,309
      353,155
Entertainment 2.1%      
Activision Blizzard Inc. United States 3,561 330,639
Capcom Co. Ltd. Japan 400 25,957
Electronic Arts Inc. United States 453 65,051
Nintendo Co. Ltd. Japan 500 318,805
a Take-Two Interactive Software Inc. United States 534 110,960
Vivendi SA France 4,026 129,948
      981,360
Equity Real Estate Investment Trusts (REITs) 1.7%      
American Tower Corp. United States 500 112,230
Ascendas REIT Singapore 15,300 34,498
Dexus Australia 5,275 38,262
Gecina SA France 227 35,079
Goodman Group Australia 7,927 115,670
Land Securities Group PLC United Kingdom 3,511 32,338
Link REIT Hong Kong 10,200 92,873
Public Storage United States 762 175,969
SBA Communications Corp., A United States 316 89,153
Segro PLC United Kingdom 5,808 75,232
      801,304
Food & Staples Retailing 1.4%      
Carrefour SA France 3,046 52,289
J Sainsbury PLC United Kingdom 8,686 26,774
Koninklijke Ahold Delhaize NV Netherlands 5,420 153,257
The Kroger Co. United States 3,812 121,069
Walmart Inc. United States 1,986 286,282
William Morrison Supermarkets PLC United Kingdom 11,235 27,237
      666,908
Food Products 0.4%      
Bunge Ltd. United States 671 44,004
The J.M. Smucker Co. United States 545 63,002
Tyson Foods Inc. United States 356 22,941
b WH Group Ltd., Reg S Hong Kong 47,000 39,400
Wilmar International Ltd. China 9,400 33,072
      202,419
Gas Utilities 0.2%      
Osaka Gas Co. Ltd. Japan 1,800 36,821
Tokyo Gas Co. Ltd. Japan 1,800 41,563
UGI Corp. United States 976 34,121
      112,505
Health Care Equipment & Supplies 2.9%      
Biomerieux France 193 27,251
Danaher Corp. United States 2,521 560,015
DiaSorin SpA Italy 123 25,599
Fisher & Paykel Healthcare Corp. Ltd. New Zealand 2,486 59,014
a Hologic Inc. United States 1,308 95,262
Hoya Corp. Japan 1,700 234,965
a IDEXX Laboratories Inc. United States 399 199,448
Steris PLC United States 400 75,816

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
West Pharmaceutical Services Inc. United States 367 103,975
      1,381,345
Health Care Providers & Services 0.5%      
Cardinal Health Inc. United States 1,470 78,733
McKesson Corp. United States 812 141,223
      219,956
Health Care Technology 1.0%      
Cerner Corp. United States 1,492 117,092
M3 Inc. Japan 1,900 179,299
a Veeva Systems Inc. United States 667 181,591
      477,982
Hotels, Restaurants & Leisure 1.5%      
Domino's Pizza Inc. United States 190 72,857
McDonald's Corp. United States 2,224 477,226
Yum! Brands Inc. United States 1,417 153,830
      703,913
Household Products 2.7%      
Clorox Co. United States 602 121,556
Colgate-Palmolive Co. United States 4,004 342,382
Henkel AG & Co. KGaA Germany 520 50,168
Kimberly-Clark Corp. United States 1,489 200,762
The Procter & Gamble Co. United States 4,018 559,064
      1,273,932
Independent Power and Renewable Electricity Producers 0.1%      
Vistra Corp. United States 2,229 43,822
Industrial Conglomerates 0.3%      
CK Hutchison Holdings Ltd. Hong Kong 13,500 94,192
Jardine Strategic Holdings Ltd. Hong Kong 1,100 27,368
      121,560
Insurance 0.7%      
Admiral Group PLC United Kingdom 933 37,062
Aflac Inc. United States 3,214 142,927
Great-West Lifeco Inc. Canada 1,400 33,352
NN Group NV Netherlands 1,437 62,470
T&D Holdings Inc. Japan 2,700 31,826
      307,637
Interactive Media & Services 4.2%      
a Alphabet Inc., A United States 340 595,898
a Alphabet Inc., C United States 400 700,752
a Facebook Inc., A United States 2,444 667,603
      1,964,253
Internet & Direct Marketing Retail 1.9%      
a Amazon.com Inc. United States 185 602,532
eBay Inc. United States 3,261 163,865
a HelloFresh SE Germany 682 52,738
a Zalando SE Germany 748 83,340
      902,475
IT Services 2.5%      
Accenture PLC, A United States 1,878 490,552
a Akamai Technologies Inc. United States 753 79,058
a Atos SE France 491 44,925
Cognizant Technology Solutions Corp., A United States 2,418 198,155
Fujitsu Ltd. Japan 1,000 144,365
NEC Corp. Japan 1,300 69,757
Nomura Research Institute Ltd. Japan 1,500 53,683
NTT Data Corp. Japan 3,100 42,366

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Western Union Co. United States 1,916 42,037
      1,164,898
Leisure Products 0.2%      
SHIMANO Inc. Japan 400 93,312
Life Sciences Tools & Services 2.2%      
a Bio-Rad Laboratories Inc., A United States 106 61,792
a Eurofins Scientific SE Luxembourg 638 53,574
a Mettler-Toledo International Inc. United States 119 135,622
PerkinElmer Inc. United States 550 78,925
Sartorius Stedim Biotech France 137 48,813
Thermo Fisher Scientific Inc. United States 1,241 578,033
a Waters Corp. United States 291 71,999
      1,028,758
Machinery 2.7%      
Cummins Inc. United States 730 165,783
Deere & Co. United States 1,452 390,661
Epiroc AB, A Sweden 2,961 53,956
GEA Group AG Germany 769 27,550
Knorr-Bremse AG Germany 242 33,068
Kone OYJ, B Finland 1,678 136,450
PACCAR Inc. United States 1,709 147,453
Schindler Holding AG Switzerland 92 24,812
Snap-on Inc. United States 255 43,641
Techtronic Industries Co. Ltd. Hong Kong 6,500 92,715
a Volvo AB, B Sweden 6,950 164,006
      1,280,095
Marine 0.2%      
A.P. Moeller-Maersk AS, A Denmark 15 31,191
A.P. Moeller-Maersk AS, B Denmark 29 64,807
      95,998
Media 0.2%      
a Discovery Inc., C United States 1,462 38,290
Fox Corp. United States 1,572 45,776
      84,066
Metals & Mining 3.5%      
B2Gold Corp. Canada 5,200 29,102
BHP Group Ltd. Australia 13,937 456,313
BHP Group PLC United Kingdom 9,999 263,111
Bluescope Steel Ltd. Australia 2,508 33,829
Boliden AB Sweden 1,234 43,785
Fortescue Metals Group Ltd. Australia 8,444 152,666
Kinross Gold Corp. Canada 6,300 46,187
Rio Tinto Ltd. Australia 1,846 162,147
Rio Tinto PLC Australia 5,482 409,901
Steel Dynamics Inc. United States 1,048 38,640
      1,635,681
Multi-Utilities 0.2%      
AGL Energy Ltd. Australia 3,045 28,079
Suez SA France 1,608 31,912
Veolia Environnement SA France 1,037 25,389
      85,380
Multiline Retail 2.0%      
Canadian Tire Corp. Ltd., A Canada 300 39,403
Dollar General Corp. United States 1,221 256,776
Target Corp. United States 2,474 436,735
Wesfarmers Ltd. Australia 5,168 200,990
      933,904
Oil, Gas & Consumable Fuels 1.3%      
Cabot Oil & Gas Corp., A United States 2,036 33,146

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
ENEOS Holdings Inc. Japan 14,900 53,455
EOG Resources Inc. United States 2,923 145,770
Neste Oil OYJ Finland 2,099 151,937
OMV AG Austria 737 29,758
Pioneer Natural Resources Co. United States 826 94,073
TOTAL SE France 1,907 82,366
      590,505
Personal Products 0.8%      
L'Oreal SA France 955 363,167
Pharmaceuticals 0.4%      
a Jazz Pharmaceuticals PLC United States 300 49,515
Ono Pharmaceutical Co. Ltd. Japan 1,700 51,175
Otsuka Holdings Co. Ltd. Japan 1,800 77,025
      177,715
Professional Services 0.7%      
Adecco Group AG Switzerland 661 44,239
a Randstad NV Netherlands 572 37,261
Robert Half International Inc. United States 535 33,427
SGS SA Switzerland 27 81,554
Wolters Kluwer NV Netherlands 1,333 112,636
      309,117
Real Estate Management & Development 0.9%      
CK Asset Holdings Ltd. Hong Kong 13,000 66,728
Deutsche Wohnen AG Germany 1,672 89,380
Hang Lung Properties Ltd. Hong Kong 10,000 26,374
Henderson Land Development Co. Ltd. Hong Kong 7,000 27,309
Hongkong Land Holdings Ltd. Hong Kong 5,900 24,367
LEG Immobilien AG Germany 348 54,102
New World Development Co. Ltd. Hong Kong 8,000 37,246
Sun Hung Kai Properties Ltd. Hong Kong 6,500 83,829
      409,335
Road & Rail 1.6%      
Canadian National Railway Co. Canada 3,100 340,513
Canadian Pacific Railway Ltd. Canada 700 242,599
JB Hunt Transport Services Inc. United States 393 53,704
Knight-Swift Transportation Holdings Inc. United States 633 26,472
Old Dominion Freight Line Inc. United States 457 89,197
      752,485
Semiconductors & Semiconductor Equipment 3.8%      
Intel Corp. United States 12,048 600,231
Maxim Integrated Products Inc. United States 1,317 116,752
a Qorvo Inc. United States 568 94,441
QUALCOMM Inc. United States 1,047 159,500
Skyworks Solutions Inc. United States 837 127,961
Teradyne Inc. United States 777 93,155
Texas Instruments Inc. United States 3,530 579,379
      1,771,419
Software 8.5%      
a Adobe Inc. United States 1,062 531,127
a Autodesk Inc. United States 111 33,893
a Cadence Design Systems Inc. United States 1,360 185,545
a Check Point Software Technologies Ltd. Israel 549 72,968
Citrix Systems Inc. United States 586 76,239
Constellation Software Inc. Canada 100 129,743
a Fair Isaac Corp. United States 48 24,530
a Fortinet Inc. United States 642 95,356
Intuit Inc. United States 1,220 463,417
Microsoft Corp. United States 4,779 1,062,945
Open Text Corp. Canada 1,300 59,020
Oracle Corp. United States 9,113 589,520

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
a ServiceNow Inc. United States 843 464,012
a Synopsys Inc. United States 710 184,060
a Topicus.com Inc. Canada 185 699
a Trend Micro Inc. Japan 700 40,273
      4,013,347
Specialty Retail 2.8%      
a AutoZone Inc. United States 111 131,584
Best Buy Co. Inc. United States 1,172 116,954
a Kingfisher PLC United Kingdom 10,077 37,247
Lowe's Cos. Inc. United States 1,965 315,402
Nitori Holdings Co. Ltd. Japan 400 83,762
a O'Reilly Automotive Inc. United States 349 157,947
The Home Depot Inc. United States 1,541 409,320
Tractor Supply Co. United States 539 75,773
      1,327,989
Technology Hardware, Storage & Peripherals 0.5%      
Hewlett Packard Enterprise Co. United States 5,934 70,318
HP Inc. United States 6,710 164,999
      235,317
Textiles, Apparel & Luxury Goods 0.2%      
Hermes International France 45 48,430
Pandora AS Denmark 489 54,740
      103,170
Trading Companies & Distributors 0.7%      
Brenntag AG Germany 715 55,412
ITOCHU Corp. Japan 6,600 189,476
Marubeni Corp. Japan 7,900 52,498
Toyota Tsusho Corp. Japan 1,000 40,341
      337,727
Water Utilities 0.1%      
United Utilities Group PLC United Kingdom 3,148 38,513
Wireless Telecommunication Services 0.5%      
KDDI Corp. Japan 7,600 225,692
Total Common Stocks (Cost $33,339,540)     37,638,437
Preferred Stocks 0.2%      
Germany 0.2%      
c Henkel AG & Co. KGaA, 2.004%, pfd. Germany 816 92,154
 
Total Investments (Cost $33,419,627) 80.4%     37,730,591
 
Other Assets, less Liabilities 19.6%     9,226,886
Net Assets 100.0%   $ 46,957,477

 

*      The principal amount is stated in U.S. dollars unless otherwise indicated.
a      Non-income producing.
b      Security 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. At December 31, 2020, the value of this security was $39,400, representing 0.1% of net assets.
c      Variable rate security. The rate shown represents the yield at period end.

At December 31, 2020, the Fund had the following total return equity swap contracts outstanding. See Note 3.

 

FRANKLIN TEMPLETON ETF TRUST                
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)          
 
 
 
 
Swaps                  
 
            Notional   Unrealized  
    Payment       Amount   Appreciation  
Description Financing Rate Frequency Counterparty Maturity Date   (000 )s (Depreciation)  
OTC Swap Contracts                  
Short                  
MSFTLSSP 1-month USD LIBOR At Maturity MSCS 1/20/21 $ (24,877 ) (286,767 )

 

 

                FRANKLIN TEMPLETON ETF TRUST  
          STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)  
 
 
 
At December 31, 2020 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 MSCO Buy 1,489,000 $ 1,128,975 3/17/21 $ 20,687 $ —  
Australian Dollar MSCO Sell 2,660,000   2,005,443 3/17/21   —   (48,353 )
Brazilian Real MSCO Buy 4,784,000   942,344 3/17/21   —   (22,773 )
Brazilian Real MSCO Sell 3,375,000   660,147 3/17/21   11,411   —  
Czech Koruna MSCO Sell 30,692,000   1,414,768 3/17/21   —   (15,712 )
Czech Koruna MSCO Sell 23,707,000   1,100,379 3/17/21   —   (4,547 )
Euro MSCO Sell 549,000   666,888 3/17/21   —   (5,921 )
Euro MSCO Sell 163,000   199,367 3/17/21   —   (392 )
Great British Pound MSCO Buy 681,000   921,240 3/17/21   10,071   —  
Hungarian Forint MSCO Buy 172,926,000   594,639 3/17/21   —   (11,321 )
Hungarian Forint MSCO Sell 172,926,000   590,943 3/17/21   7,626   —  
Israeli Shekel MSCO Buy 3,401,000   1,049,684 3/17/21   10,901   —  
Israeli Shekel MSCO Sell 8,052,961   2,477,793 3/17/21   —   (33,482 )
Japanese Yen MSCO Buy 64,120,000   616,982 3/17/21   4,556   —  
Japanese Yen MSCO Sell 64,120,000   621,318 3/17/21   —   (221 )
Japanese Yen MSCO Sell 48,518,000   470,135 3/17/21   —   (167 )
Mexican Peso MSCO Buy 33,963,000   1,674,151 3/17/21   16,415   —  
Mexican Peso MSCO Buy 3,433,000   171,477 3/17/21   —   (594 )
New Turkish Lira MSCO Buy 8,746,000   1,063,161 3/17/21   81,033   —  
New Turkish Lira MSCO Sell 148,000   18,251 3/17/21   —   (1,111 )
New Zealand Dollar MSCO Buy 9,000   6,406 3/17/21   76   —  
New Zealand Dollar MSCO Sell 1,292,000   915,936 3/17/21   —   (14,587 )
Norwegian Krone MSCO Buy 4,053,000   468,046 3/17/21   5,210   —  
Norwegian Krone MSCO Sell 4,053,000   459,295 3/17/21   —   (13,961 )
Russian Ruble MSCO Buy 21,661,000   292,955 3/17/21   —   (2,051 )
Russian Ruble MSCO Buy 6,549,000   88,526 3/17/21   —   (574 )
South African Rand MSCO Buy 9,825,000   642,807 3/17/21   20,027   —  
South African Rand MSCO Buy 952,000   63,331 3/17/21   894   —  
South Korean Won MSCO Buy 1,211,310,000   1,109,725 3/17/21   5,725   —  
South Korean Won MSCO Sell 152,616,000   139,763 3/17/21   —   (775 )
Swedish Krona MSCO Buy 9,880,000   1,168,958 3/17/21   35,015   —  
Swedish Krona MSCO Sell 7,306,000   877,735 3/17/21   —   (12,571 )
Swiss Franc MSCO Sell 3,342,000   3,777,868 3/17/21   —   (10,953 )
Swiss Franc MSCO Sell 25,000   28,396 3/17/21   53   —  

 

Total Forward Exchange Contracts $ 229,700 $ (200,066 )
Net unrealized appreciation (depreciation)     $ 29,634  
aMay be comprised of multiple contracts with the same counterparty, currency and settlement date.          

 

 

FRANKLIN TEMPLETON ETF TRUST                  
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)            
 
 
 
 
At December 31, 2020, 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)  
Index Contracts                  
Australian 10 Yr. Bond Long 100 $ 11,361,012   3/15/21 $ (4,068 )
Canada 10 Yr. Bond Long 95   11,118,132   3/22/21   30,386  
U.S. Treasury 10 Yr. Note Long 80   11,046,250   3/22/21   13,878  
FTSE/JSE Africa Top40 Index Long 68   2,528,713   3/18/21   (59,275 )
Nikkei 225 Mini Long 7   1,860,429   3/11/21   51,293  
S&P 500 E-Mini Long 9   1,686,960   3/19/21   27,529  
S&P/TSX 60 Index Long 9   1,453,705   3/18/21   (8,129 )
OMXS30 Index Long 61   1,395,100   1/15/21   (13,528 )
SPI 200 Index Long 10   1,261,069   3/18/21   (14,576 )
FTSE 100 Index Long 5   438,791   3/19/21   (6,001 )
Mex Bolsa Index Long 11   244,892   3/19/21   1,578  
CAC 40 10 Euro Short 8   (542,473 ) 1/15/21   498  
IBEX 35 Index Short 10   (987,490 ) 1/15/21   6,423  
Euro-BTP Short 7   (1,301,943 ) 3/08/21   (4,548 )
SGX Nifty 50 Short 47   (1,317,504 ) 1/28/21   (47,921 )
EURO STOXX 50 Index Short 34   (1,476,825 ) 3/19/21   (12,255 )
DAX Index Short 4   (1,681,892 ) 3/19/21   (37,938 )
Hang Seng Index Short 13   (2,281,750 ) 1/28/21   (94,839 )
Euro-Bund Short 31   (6,737,894 ) 3/08/21   7,928  
Long Gilt Short 41   (7,596,329 ) 3/29/21   (58,190 )
Euro-OAT Short 48   (9,858,484 ) 3/08/21   1,704  
Commodity Contracts                  
Soybean, March Long 11 $ 721,050   3/12/21 $ 66,119  
Soybean Meal, March Long 14   601,160   3/12/21   51,311  
Gold 100 Ounce, February Long 3   568,530   2/24/21   323  
Cocoa, March Long 21   546,630   3/16/21   21,288  
Copper, March Long 6   527,850   3/29/21   8,710  
Wheat, March Long 14   448,350   3/12/21   26,473  
Platinum, April Long 6   323,760   4/28/21   5,475  
Live Cattle, June Long 7   321,160   6/30/21   6,170  
Soybean, July Long 4   259,500   7/14/21   48,474  
Soybean Meal, July Long 6   251,700   7/14/21   19,583  
Corn, July Long 10   240,125   7/14/21   24,722  
Cotton No. 2, July Long 6   237,510   7/08/21   6,067  
Lean Hog, June Long 7   231,910   6/14/21   8,820  
Soybean Oil, July Long 8   196,512   7/14/21   12,433  
Sugar No. 11, June Long 12   190,714   6/30/21   10,179  
Wheat, July Long 6   188,475   7/14/21   8,821  
Cocoa, July Long 7   175,770   7/15/21   3,629  
Coffee 'C', July Long 3   148,331   7/20/21   2,522  
Gasoline Rbob, March Long 2   128,377   3/31/21   5,111  
Low Sulphur Gasoil, April Long 3   127,875   4/12/21   20  
NY Harbor ULSD, March Long 2   124,748   3/31/21   1,360  

 

 

            FRANKLIN TEMPLETON ETF TRUST  
      STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)  
 
 
 
Brent Crude, January Long 2 103,600   1/29/21 1,977  
Brent Crude, March Long 2 103,560   3/31/21 2,157  
Natural Gas, March Long 4 101,520   3/29/21 (4,279 )
WTI Crude, March Long 2 97,380   3/22/21 1,335  
Soybean Oil, March Long 2 50,880   3/12/21 4,194  
Low Sulphur Gasoil, February Short 1 (42,300 ) 2/11/21 (102 )
Live Cattle, February Short 1 (46,010 ) 2/26/21 (559 )
Corn, March Short 6 (145,200 ) 3/12/21 (16,967 )
Natural Gas, January Short 9 (228,510 ) 1/27/21 10,289  
Coffee 'C', March Short 7 (336,656 ) 3/19/21 (9,330 )
Cotton No. 2, March Short 9 (351,540 ) 3/09/21 (11,193 )
WTI Crude, January Short 8 (388,160 ) 1/20/21 (5,279 )
Lean Hog, February Short 15 (421,650 ) 2/12/21 (34,224 )
Sugar No. 11, February Short 25 (433,720 ) 2/26/21 (31,333 )
NY Harbor ULSD, January Short 7 (436,296 ) 1/29/21 (5,800 )
 
Total Futures Contracts         $ 18,445  
*As of period end.              

 

The following table represents the individual short positions and related values of the equity securities underlying the total return swap with Morgan Stanley Capital Services LLC as of December 31, 2020 , expiration date 1/20/21:

  Country Shares     Value  
Reference Entity - Short 100.00%            
Automobiles & Components 3.41%            
Aptiv PLC United States (1,339 ) $ (174,458 )
Ferrari NV Italy (613 )   (141,494 )
Renault SA France (965 )   (42,223 )
Tesla Inc United States (443 )   (312,612 )
Valeo SA France (971 )   (38,351 )
Volkswagen AG Germany (782 )   (145,838 )
          (854,976 )
Banks 2.33%            
Citigroup Inc United States (2,917 )   (179,862 )
DNB ASA ORD NOK10 Norway (4,684 )   (91,908 )
National Australia Bank Ltd Australia (8,387 )   (146,264 )
Societe Generale SA France (3,276 )   (68,230 )
SVB Financial Group United States (254 )   (98,509 )
          (584,773 )
Capital Goods 10.47%            
Airbus SE France (1,560 )   (171,367 )
Ashtead Group PLC United Kingdom (2,160 )   (101,511 )
Boeing Co/The United States (985 )   (210,849 )
CAE Inc Canada (1,000 )   (27,685 )
Caterpillar Inc United States (1,022 )   (186,024 )
Eiffage SA France (423 )   (40,908 )
Ferrovial SA Spain (2,164 )   (59,839 )
General Electric Co United States (24,812 )   (267,970 )
Howmet Aerospace Inc United States (1,743 )   (49,745 )
Ingersoll Rand Inc United States (1,749 )   (79,684 )
Jacobs Engineering Group Inc United States (636 )   (69,299 )
Melrose Industries PLC United Kingdom (19,867 )   (48,353 )
MTU Aero Engines AG Germany (267 )   (69,715 )
Raytheon Technologies Corp United States (4,369 )   (312,427 )
Rolls-Royce Holdings PLC United Kingdom (30,176 )   (45,890 )
Safran SA France (1,570 )   (222,737 )
Smiths Group PLC United Kingdom (1,914 )   (39,363 )
Sunrun Inc. United States (567 )   (39,338 )

 

 

FRANKLIN TEMPLETON ETF TRUST          
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)          
 
 
 
 
TransDigm Group Inc United States (251 ) (155,331 )
Vinci SA France (2,594 ) (258,228 )
Westinghouse Air Brake Technologies Corp United States (889 ) (65,075 )
WSP Global Inc Canada (500 ) (47,327 )
Yaskawa Electric Corp Japan (1,200 ) (59,625 )
        (2,628,290 )
Commercial & Professional Services 1.67%          
Brambles Ltd Australia (7,482 ) (61,199 )
Equifax Inc United States (143 ) (27,576 )
Nihon M&A Center Inc. Japan (700 ) (46,782 )
Recruit Holdings Co Ltd Japan (5,700 ) (238,556 )
RELX PLC United Kingdom (1,839 ) (45,060 )
        (419,173 )
Consumer Durables & Apparel 1.03%          
Adidas AG Germany (391 ) (142,518 )
Hasbro Inc United States (371 ) (34,703 )
Newell Brands Inc United States (1,993 ) (42,312 )
Taylor Wimpey PLC United Kingdom (17,414 ) (39,467 )
        (259,000 )
Consumer Services 3.23%          
Accor SA France (833 ) (30,169 )
Aristocrat Leisure Ltd Australia (2,785 ) (66,620 )
Carnival Corp United States (2,263 ) (49,017 )
Darden Restaurants Inc United States (611 ) (72,782 )
GVC Holdings PLC United Kingdom (2,687 ) (41,633 )
InterContinental Hotels Group PLC United Kingdom (873 ) (55,968 )
Las Vegas Sands Corp United States (1,157 ) (68,957 )
Marriott International Inc/MD United States (751 ) (99,072 )
MGM Resorts International United States (2,188 ) (68,944 )
Restaurant Brands International Inc Canada (1,400 ) (85,528 )
Royal Caribbean Cruises Ltd United States (919 ) (68,640 )
Vail Resorts Inc United States (176 ) (49,097 )
Wynn Resorts Ltd United States (471 ) (53,143 )
        (809,570 )
Diversified Financials 6.00%          
American Express Credit Account Master Trust, 2019-1, A, United States (2,491 ) (301,187 )
Apollo Global Management Inc United States (769 ) (37,666 )
Blackstone Group Inc/The United States (3,225 ) (209,012 )
Brookfield Asset Management Inc., A Canada (2,200 ) (90,866 )
Charles Schwab Corp/The United States (5,681 ) (301,320 )
Discover Financial Services United States (1,502 ) (135,976 )
EQT AB Sweden (1,192 ) (30,538 )
Equitable Holdings Inc United States (1,959 ) (50,131 )
KKR & Co Inc United States (2,418 ) (97,905 )
Macquarie Group Ltd Australia (1,710 ) (182,727 )
St. James's Place Capital PLC United Kingdom (2,409 ) (37,326 )
Voya Financial Inc United States (538 ) (31,640 )
        (1,506,294 )
Energy 1.09%          
Hess Corp United States (1,360 ) (71,795 )
Occidental Petroleum Corp United States (4,090 ) (70,798 )
Suncor Energy Inc Canada (7,800 ) (130,714 )
        (273,307 )
Food & Staples Retailing 1.23%          
Aeon Co Ltd Japan (3,200 ) (104,916 )
Sysco Corp United States (2,400 ) (178,224 )
Woolworths Group Ltd Australia (879 ) (26,663 )
        (309,803 )
Food, Beverage & Tobacco 4.37%          
a2 Milk Co Ltd New Zealand (3,650 ) (31,720 )

 

 

    FRANKLIN TEMPLETON ETF TRUST  
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)  
 
 
 
 
Anheuser-Busch InBev SA/NV Belgium (3,416 ) (238,282 )
Coca-Cola Co/The United States (1,575 ) (86,373 )
Constellation Brands Inc United States (828 ) (181,373 )
Heineken NV Netherlands (1,277 ) (142,529 )
Kerry Group PLC Ireland (775 ) (112,368 )
Kikkoman Corp. Japan (700 ) (48,612 )
Lamb Weston Holdings Inc United States (701 ) (55,197 )
McCormick & Co Inc/MD United States (1,205 ) (115,198 )
Mowi ASA Norway (2,175 ) (48,520 )
Orkla ASA Norway (3,482 ) (35,381 )
        (1,095,553 )
Health Care Equipment & Services 7.78%          
Ambu AS, B Denmark (781 ) (33,790 )
Becton Dickinson and Co. United States (1,072 ) (268,236 )
Boston Scientific Corp United States (7,066 ) (254,023 )
Centene Corp United States (2,856 ) (171,446 )
Cochlear Ltd Australia (333 ) (48,565 )
DexCom Inc United States (383 ) (141,603 )
Humana Inc. United States (656 ) (269,137 )
Insulet Corp United States (331 ) (84,613 )
Laboratory Corp of America Holdings United States (483 ) (98,315 )
Molina Healthcare Inc United States (296 ) (62,953 )
Orpea France (229 ) (30,135 )
Ramsay Health Care Ltd Australia (920 ) (44,143 )
Sonic Healthcare Ltd Australia (2,154 ) (53,438 )
Straumann Holding AG Switzerland (52 ) (60,680 )
Teladoc Health Inc United States (398 ) (79,584 )
UnitedHealth Group Inc United States (417 ) (146,233 )
Zimmer Biomet Holdings Inc Com United States (683 ) (105,243 )
        (1,952,137 )
Household & Personal Products 1.03%          
Essity AB Sweden (2,996 ) (96,492 )
Pigeon Corp. Japan (600 ) (24,727 )
Shiseido Co Ltd Japan (2,000 ) (138,234 )
        (259,453 )
Insurance 3.18%          
American Financial Group Inc/OH United States (296 ) (25,936 )
American International Group Inc United States (4,304 ) (162,949 )
Cincinnati Financial Corp United States (753 ) (65,790 )
Insurance Australia Group Ltd. Australia (9,186 ) (33,315 )
Lincoln National Corp United States (967 ) (48,650 )
Markel Corp United States (68 ) (70,264 )
Prudential PLC United Kingdom (7,358 ) (135,481 )
Reinsurance Group of America Inc United States (341 ) (39,522 )
RenaissanceRe Holdings Ltd United States (242 ) (40,128 )
Sampo Oyj Finland (2,209 ) (93,437 )
Tokio Marine Holdings Inc. Japan (500 ) (25,706 )
Zurich Insurance Group AG Switzerland (132 ) (55,775 )
        (796,953 )
Materials 6.75%          
Agnico Eagle Mines Ltd Canada (1,100 ) (77,354 )
Albemarle Corp United States (530 ) (78,186 )
ArcelorMittal SA France (2,578 ) (59,553 )
Axalta Coating Systems Ltd United States (950 ) (27,122 )
Ball Corp United States (1,606 ) (149,647 )
Chr. Hansen Holding AS Denmark (516 ) (53,131 )
Dow Inc United States (3,646 ) (202,353 )
Ecolab Inc. United States (1,264 ) (273,479 )
First Quantum Minerals Ltd Zambia (2,800 ) (50,220 )
Freeport-McMoRan Inc United States (7,087 ) (184,404 )
Glencore PLC Switzerland (48,355 ) (154,010 )
Nippon Steel Corp Japan (3,400 ) (43,733 )

 

 

FRANKLIN TEMPLETON ETF TRUST          
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)          
 
 
 
 
Nutrien Ltd Canada (2,800 ) (134,593 )
Pan American Silver Corp Canada (1,100 ) (37,904 )
Svenska Cellulosa AB, B Sweden (2,804 ) (48,927 )
Teck Resources Ltd Canada (1,400 ) (25,385 )
Vulcan Materials Co. United States (641 ) (95,067 )
        (1,695,068 )
Media & Entertainment 5.57%          
Altice USA Inc United States (1,415 ) (53,586 )
Cable One Inc United States (23 ) (51,238 )
Charter Communications Inc Com Usd.001 Cl A United States (218 ) (144,218 )
DISH Network Corp United States (1,109 ) (35,865 )
Liberty Broadband Corp United States (522 ) (82,669 )
Liberty Media Group Trak Usd Npv Cl C United States (998 ) (42,515 )
Liberty SiriusXM Group United States (845 ) (36,766 )
Live Nation Entertainment Inc United States (787 ) (57,829 )
Netflix Inc United States (171 ) (92,465 )
Roku Inc United States (503 ) (167,006 )
SEEK Ltd Australia (1,579 ) (34,762 )
Snap Inc United States (4,007 ) (200,630 )
Twitter Inc United States (3,843 ) (208,098 )
ViacomCBS Inc United States (2,716 ) (101,198 )
Zillow Group Inc United States (676 ) (87,745 )
        (1,396,590 )
Pharmaceuticals, Biotechnology & Life Sciences 6.60%          
Argenx SE Netherlands (203 ) (60,108 )
Bausch Health Cos Inc United States (1,200 ) (24,876 )
BioMarin Pharmaceutical Inc United States (818 ) (71,730 )
Catalent Inc United States (777 ) (80,862 )
Daiichi Sankyo Co. Ltd. Japan (6,200 ) (212,282 )
Eisai Co Ltd Japan (1,200 ) (85,684 )
Elanco Animal Health Inc United States (1,969 ) (60,389 )
Exact Sciences Corp United States (766 ) (101,487 )
Illumina Inc United States (716 ) (264,920 )
Ionis Pharmaceuticals Inc United States (650 ) (36,751 )
IQVIA Holdings Inc United States (937 ) (167,882 )
Moderna Inc United States (962 ) (100,500 )
Neurocrine Biosciences Inc. United States (437 ) (41,886 )
Perrigo Co PLC United States (500 ) (22,360 )
Sarepta Therapeutics Inc United States (348 ) (59,331 )
Takeda Pharmaceutical Co Ltd Japan (7,300 ) (265,500 )
        (1,656,548 )
Real Estate 3.60%          
Aroundtown SA Germany (4,906 ) (36,737 )
CBRE GROUP Inc United States (1,641 ) (102,924 )
Fastighets AB Balder, B Sweden (503 ) (26,269 )
GPT Group/The Australia (9,525 ) (33,075 )
Lendlease Group Australia (3,189 ) (32,236 )
Mitsubishi Estate Co., Ltd. Japan (5,500 ) (88,271 )
Mitsui Fudosan Co. Ltd. Japan (4,500 ) (94,080 )
Simon Property Group Inc United States (1,633 ) (139,262 )
Stockland Australia (11,316 ) (36,500 )
Swiss Prime Site AG Switzerland (374 ) (36,767 )
Ventas Inc United States (1,813 ) (88,909 )
VEREIT Inc United States (1,038 ) (39,226 )
Welltower Inc United States (641 ) (41,421 )
Weyerhaeuser Co United States (3,239 ) (108,604 )
        (904,281 )
Retailing 2.50%          
Burlington Stores Inc United States (328 ) (85,788 )
CarMax Inc United States (799 ) (75,474 )
Carvana Co. United States (308 ) (73,778 )
Delivery Hero SE Germany (661 ) (102,713 )

 

 

    FRANKLIN TEMPLETON ETF TRUST  
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)  
 
 
 
 
Expedia Group Inc United States (634 ) (83,942 )
MercadoLibre Inc Argentina (25 ) (41,881 )
Ocado Group PLC United Kingdom (1,545 ) (48,300 )
Rakuten Inc Japan (4,000 ) (38,510 )
Ulta Beauty Inc. United States (268 ) (76,959 )
        (627,345 )
Semiconductors & Semiconductor Equipment 5.64%          
Advanced Micro Devices Inc United States (3,336 ) (305,945 )
Advantest Corp Japan (1,000 ) (74,870 )
Enpahse Energy Inc. United States (548 ) (96,158 )
Lam Research Corp United States (648 ) (306,031 )
Lasertec Corp. Japan (400 ) (46,917 )
Marvell Technology Group Ltd Bermuda (3,246 ) (154,315 )
Microchip Technology Inc United States (1,226 ) (169,323 )
NXP Semiconductors NV Netherlands (788 ) (125,300 )
ON Semiconductor Corp United States (1,966 ) (64,347 )
SolarEdge Technologies Inc. United States (229 ) (73,078 )
        (1,416,284 )
Software & Services 14.69%          
Adyen NV Netherlands (60 ) (139,852 )
Afterpay Ltd Australia (917 ) (83,497 )
Amadeus IT Group SA Spain (2,030 ) (147,935 )
Coupa Software Inc United States (269 ) (91,167 )
Dynatrace Inc United States (848 ) (36,693 )
Fidelity National Information Services Inc United States (1,918 ) (271,320 )
Fiserv Inc United States (2,773 ) (315,734 )
Global Payments Inc United States (1,129 ) (243,209 )
GoDaddy Inc United States (748 ) (62,047 )
Guidewire Software Inc United States (401 ) (51,621 )
Mastercard Inc., A United States (973 ) (347,303 )
MongoDB Inc United States (221 ) (79,348 )
Okta Inc United States (575 ) (146,199 )
Paycom Software Inc United States (245 ) (110,801 )
PTC Inc United States (537 ) (64,230 )
RingCentral Inc United States (251 ) (95,121 )
salesforce.com Inc United States (789 ) (175,576 )
Slack Technologies Inc United States (1,904 ) (80,425 )
Splunk Inc United States (767 ) (130,306 )
Square Inc United States (1,470 ) (319,931 )
Temenos AG Switzerland (340 ) (47,560 )
Trade Desk Inc/The United States (202 ) (161,802 )
Twilio Inc United States (622 ) (210,547 )
Workday Inc United States (860 ) (206,065 )
Zscaler Inc United States (346 ) (69,100 )
        (3,687,389 )
Technology Hardware & Equipment 0.58%          
NetApp Inc United States (1,057 ) (70,016 )
Western Digital Corp United States (1,349 ) (74,721 )
        (144,737 )
Telecommunication Services 3.61%          
Cellnex Telecom SA Spain (1,564 ) (93,997 )
SoftBank Group Corp Japan (4,100 ) (319,994 )
Spark New Zealand Ltd New Zealand (9,133 ) (30,906 )
T-Mobile USA Inc United States (2,427 ) (327,281 )
Tele2 AB Sweden (2,391 ) (31,618 )
Telenor ASA Norway (3,504 ) (59,710 )
TELUS Corp Canada (2,100 ) (41,555 )
        (905,061 )
Transportation 1.44%          
Delta Air Lines Inc United States (708 ) (28,469 )
Sydney Airport Australia (6,412 ) (31,715 )

 

 

FRANKLIN TEMPLETON ETF TRUST            
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)            
 
 
 
  Uber Technologies Inc United States (4,859 )   (247,809 )
  XPO Logistics Inc United States (443 )   (52,806 )
              (360,799 )
  Utilities 2.20%            
  Algonquin Power & Utilities Corp Canada (2,900 )   (47,688 )
  APA Group Australia (5,390 )   (40,136 )
  CenterPoint Energy Inc United States (2,473 )   (53,516 )
  E.ON SE Germany (5,009 )   (55,551 )
  Edison International United States (531 )   (33,358 )
  Essential Utilities Inc United States (1,104 )   (52,208 )
  Southern Co/The United States (4,383 )   (269,248 )
              (551,705 )
  Total Value of Reference Entity - Morgan Stanley Capital Services LLC       $ (25,095,089 )
 
Abbreviations            
 
Selected Portfolio            
 
CAC - Cotation Assistée en Continu            
MSCO - Morgan Stanley            
REIT - Real Estate Investment Trust            
SBA - Small Business Administration            
SPI - Swiss Performance Index            
TSX - Toronto Stock Exchange            
ULSD - Ultra-Low Sulfur Diesel            

 

 

FRANKLIN TEMPLETON ETF TRUST

Statement of Investments, December 31, 2020 (unaudited)

Franklin Liberty U.S. Core Bond ETF Country Principal Amount*   Value
Corporate Bonds & Notes 31.8%        
Aerospace & Defense 0.4%        
Lockheed Martin Corp., senior bond, 4.09%, 9/15/52 United States 1,600,000 $ 2,117,989
Northrop Grumman Corp., senior bond, 5.25%, 5/01/50 United States 2,300,000   3,417,754
        5,535,743
Air Freight & Logistics 0.6%        
FedEx Corp.,        
senior bond, 4.05%, 2/15/48 United States 2,000,000   2,417,601
senior note, 3.80%, 5/15/25 United States 2,050,000   2,316,015
United Parcel Service Inc., senior bond, 5.30%, 4/01/50 United States 2,800,000   4,226,979
        8,960,595
Airlines 1.1%        
American Airlines 2016-3 Class A Pass Through Trust 3.25%, 10/15/28 United States 4,847,311   4,410,844
a Delta Air Lines Inc./SkyMiles IP Ltd., first lien, 144A, 4.50%, 10/20/25 United States 7,700,000   8,232,876
United Airlines 2019-2 Class A Pass Through Trust, Series A, 2.90%,        
5/01/28 United States 2,453,209   2,354,958
United Airlines 2020-1 Class A Pass Through Trust, Series 20-1, 5.88%,        
10/15/27 United States 2,100,000   2,274,755
        17,273,433
Banks 2.5%        
Banco Santander SA 2.75%, 12/03/30 Spain 1,400,000   1,446,144
Bancolombia SA, senior note, 3.00%, 1/29/25 Colombia 1,100,000   1,145,045
Bank of America Corp., senior note, 2.881% to 4/24/22, FRN thereafter,        
4/24/23 United States 1,000,000   1,032,088
a BNP Paribas SA, senior note, 144A, 4.705%, 1/10/24, FRN thereafter,        
1/10/25 France 5,150,000   5,727,960
a BPCE SA, sub. Note, 144A, 4.88%, 4/01/26 France 1,800,000   2,119,221
Citigroup, Inc.,        
senior bond, 5.88%, 1/30/42 United States 1,100,000   1,673,098
sub. bond, 4.45%, 9/29/27 United States 1,500,000   1,769,553
HSBC Holdings PLC,        
senior note, 2.013% to 9/22/27, FRN thereafter, 9/22/28 United Kingdom 4,100,000   4,200,715
senior note, 2.357% to 8/18/30, FRN thereafter, 8/18/31 United Kingdom 1,300,000   1,344,785
Industrial & Commercial Bank of China Ltd., senior note, 3.54%, 11/08/27 China 1,200,000   1,323,522
JPMorgan Chase & Co.,        
senior bond, 2.522% to 4/22/30, FRN thereafter, 4/22/31 United States 2,000,000   2,151,217
sub. bond, 3.63%, 12/01/27 United States 2,100,000   2,388,749
Merrill Lynch & Co. Inc., sub. bond, 7.75%, 5/14/38 United States 1,000,000   1,706,102
Truist Bank, sub. Bond, 2.25%, 3/11/30 United States 4,300,000   4,514,392
Wells Fargo & Co.,        
senior bond, 2.879% to 10/30/29, FRN thereafter, 10/30/30 United States 3,700,000   4,037,722
senior note, 2.188% to 4/30/25, FRN thereafter, 4/30/26 United States 2,000,000   2,107,531
        38,687,844
Beverages 0.6%        
Anheuser-Busch InBev Worldwide Inc.,        
senior bond, 3.50%, 6/01/30 Belgium 6,000,000   6,954,794
senior bond, 5.55%, 1/23/49 Belgium 1,200,000   1,705,937
        8,660,731
Biotechnology 0.5%        
AbbVie Inc.,        
senior bond, 4.75%, 3/15/45 United States 1,400,000   1,833,882
senior note, 2.95%, 11/21/26 United States 5,300,000   5,867,379
        7,701,261
Building Products 0.3%        
Carrier Global Corp., senior note, 3.58%, 4/05/50 United States 3,000,000   3,335,565

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
CRH America Finance Inc., senior note, 3.40%, 5/09/27 Ireland 1,850,000 2,064,397
      5,399,962
Capital Markets 1.2%      
a Credit Suisse Group AG, senior note, 144A, 2.997% to 12/14/22, FRN      
thereafter, 12/14/23 Switzerland 3,750,000 3,923,403
Morgan Stanley,      
senior note, 3.622% to 4/01/30, FRN thereafter, 4/01/31 United States 2,700,000 3,137,895
sub. bond, 3.95%, 4/23/27 United States 3,600,000 4,165,609
The Goldman Sachs Group Inc.,      
senior bond, 3.691% to 6/05/27, FRN thereafter, 6/05/28 United States 2,500,000 2,883,414
senior bond, 3.81% to 4/23/28, FRN thereafter, 4/23/29 United States 3,600,000 4,172,159
      18,282,480
Chemicals 0.9%      
EI du Pont de Nemours and Co., senior bond, 2.30%, 7/15/30 United States 6,000,000 6,386,708
The Sherwin-Williams Co.,      
senior bond, 2.30%, 5/15/30 United States 1,600,000 1,672,694
senior note, 2.95%, 8/15/29 United States 4,900,000 5,399,031
      13,458,433
Commercial Services & Supplies 0.3%      
Boardwalk Pipelines LP, senior note, 4.80%, 5/03/29 United States 3,950,000 4,530,371
 
Consumer Finance 0.5%      
Capital One Financial Corp.,      
senior note, 3.75%, 3/09/27 United States 4,850,000 5,537,464
senior sub. note, 4.20%, 10/29/25 United States 2,000,000 2,283,521
      7,820,985
Containers & Packaging 0.1%      
Bemis Co. Inc., senior note, 2.63%, 6/19/30 United States 1,000,000 1,083,686
WRKCo Inc., Sr. Unsecured, 4.00%, 3/15/28 United States 1,100,000 1,276,498
      2,360,184
Diversified Financial Services 0.5%      
AON Corp., senior note, 2.80%, 5/15/30 United States 7,200,000 7,863,483
Diversified Telecommunication Services 1.2%      
AT&T Inc., senior note, 3.80%, 2/15/27 United States 6,100,000 7,023,782
Bell Canada Inc., senior bond, 4.46%, 4/01/48 Canada 3,000,000 4,012,577
France Telecom SA, senior bond, 9.00%, 3/01/31 France 4,300,000 7,074,913
      18,111,272
Education Services 0.5%      
Rockefeller University, Series 2020, 3.75%, 7/01/51 United States 7,000,000 8,342,401
 
Electric Utilities 2.3%      
Baltimore Gas and Electric Co., senior bond, 3.50%, 8/15/46 United States 1,400,000 1,630,114
Duke Energy Corp., senior bond, 3.75%, 9/01/46 United States 6,400,000 7,459,458
a EDP Finance BV, senior note, 144A, 1.71%, 1/24/28 Netherlands 3,500,000 3,501,729
Enel Finance International NV,      
a senior bond, 144A, 3.50%, 4/06/28 Italy 2,700,000 3,077,684
a senior note, 144A, 3.63%, 5/25/27 Italy 3,500,000 3,975,721
Exelon Corp., senior bond, 4.05%, 4/15/30 United States 3,000,000 3,553,509
Georgia Power Co., senior bond, 4.75%, 9/01/40 United States 1,400,000 1,841,464
MidAmerican Energy Co., secured bond, 3.65%, 8/01/48 United States 1,100,000 1,347,445
Public Service Electric and Gas Co., secured bond, 3.80%, 3/01/46 United States 1,100,000 1,353,261
a State Grid Overseas Investment 2016 Ltd., senior note, 144A, 3.50%,      
5/04/27 China 2,300,000 2,559,646
The Southern Co., senior bond, 3.70%, 4/30/30 United States 4,000,000 4,636,701
Virginia Electric and Power Co., senior bond, 3.80%, 9/15/47 United States 1,100,000 1,360,232
      36,296,964
Electronic Equipment, Instruments & Components 0.9%      
Flex Ltd., senior note, 4.88%, 5/12/30 Singapore 4,800,000 5,779,270
FLIR Systems Inc., senior note, 2.50%, 8/01/30 United States 6,000,000 6,302,060

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Keysight Technologies Inc., senior note, 4.60%, 4/06/27 United States 1,100,000 1,311,319
      13,392,649
Energy Equipment & Services 0.6%      
a Schlumberger Holdings Corp., senior note, 144A, 3.90%, 5/17/28 United States 1,950,000 2,204,215
Total Capital International SA, senior note, 3.46%, 2/19/29 France 6,900,000 7,990,592
      10,194,807
Entertainment 0.3%      
The Walt Disney Co., Sr Unsecured, 2.20%, 1/13/28 United States 5,000,000 5,358,141
Equity Real Estate Investment Trusts (REITs) 0.6%      
AvalonBay Communities Inc., senior bond, 2.45%, 1/15/31 United States 1,900,000 2,045,826
Kimco Realty Corp., Sr. Unsecured, 4.25%, 4/01/45 United States 750,000 849,784
Simon Property Group LP, senior note, 3.38%, 12/01/27 United States 6,000,000 6,710,500
      9,606,110
Food & Staples Retailing 0.4%      
Walmart Inc., senior bond, 2.95%, 9/24/49 United States 5,100,000 5,880,531
 
Food Products 0.3%      
BAT Capital Corp., senior bond, 4.54%, 8/15/47 United Kingdom 750,000 832,873
Kraft Heinz Foods Co., senior bond, 3.00%, 6/01/26 United States 4,100,000 4,283,595
      5,116,468
Health Care Providers & Services 2.0%      
Anthem Inc.,      
senior bond, 5.10%, 1/15/44 United States 2,000,000 2,777,949
senior note, 4.10%, 3/01/28 United States 1,200,000 1,419,342
Cigna Corp.,      
senior note, 3.40%, 3/01/27 United States 4,900,000 5,531,860
senior note, 4.38%, 10/15/28 United States 2,300,000 2,780,590
CVS Health Corp.,      
senior bond, 4.30%, 3/25/28 United States 2,877,000 3,426,578
senior bond, 4.88%, 7/20/35 United States 1,400,000 1,817,111
HCA Inc.,      
senior secured bond, first lien, 4.50%, 2/15/27 United States 4,100,000 4,771,133
senior secured bond, first lien, 5.50%, 6/15/47 United States 900,000 1,202,188
Quest Diagnostics Inc., senior bond, 2.80%, 6/30/31 United States 6,800,000 7,460,777
      31,187,528
Hotels, Restaurants & Leisure 0.7%      
Las Vegas Sands Corp. 3.90%, 8/08/29 United States 4,700,000 5,055,790
Marriott International, Inc., Series EE, 5.75%, 5/01/25 United States 4,700,000 5,499,739
      10,555,529
Household Durables 0.4%      
Mohawk Industries Inc., senior bond, 3.63%, 5/15/30 United States 6,200,000 6,942,573
 
Independent Power Producers & Energy Traders 0.4%      
a Colbun SA, senior note, 144A, 3.95%, 10/11/27 Chile 5,550,000 6,253,518
 
Insurance 2.2%      
Arch Capital Group Ltd., senior bond, 3.635%, 6/30/50 United States 1,700,000 1,982,223
Athene Holding Ltd., senior bond, 3.50%, 1/15/31 Bermuda 5,000,000 5,291,918
AXA SA 8.60%, 12/15/30 France 3,600,000 5,610,741
a Five Corners Funding Trust II, senior note, 144A, 2.85%, 5/15/30 United States 4,000,000 4,426,041
Marsh & McLennan Cos. Inc., senior bond, 4.90%, 3/15/49 United States 3,000,000 4,352,754
Metlife Inc., senior bond, 5.875%, 2/06/41 United States 1,100,000 1,677,892
Prudential PLC, senior note, 3.125%, 4/14/30 United Kingdom 5,000,000 5,672,531
Reinsurance Group of America Inc, Sr. Unsecured, 3.90%, 5/15/29 United States 2,250,000 2,580,645
The Allstate Corp., senior bond, 5.55%, 5/09/35 United States 1,800,000 2,642,370
      34,237,115

 

Interactive Media & Services 0.4%
Tencent Holdings Ltd.,

b senior note, Reg S, 3.28%, 4/11/24 China 1,250,000 1,332,697

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
a Sr Unsecured, 144A, 3.28%, 4/11/24 China 5,200,000 5,544,022
      6,876,719
Internet & Direct Marketing Retail 0.5%      
Alibaba Group Holding Ltd., senior note, 3.40%, 12/06/27 China 6,700,000 7,502,170
 
IT Services 0.5%      
Fiserv Inc.,      
senior bond, 2.65%, 6/01/30 United States 4,700,000 5,088,485
senior bond, 4.40%, 7/01/49 United States 2,400,000 3,214,901
      8,303,386
Machinery 0.1%      
Caterpillar Inc., senior note, 2.60%, 4/09/30 United States 1,000,000 1,103,096
 
Media 0.7%      
Charter Communications Operating LLC/Charter Communications      
Operating Capital, senior bond, 2.80%, 4/01/31 United States 5,000,000 5,288,773
Comcast Corp., senior bond, 4.25%, 1/15/33 United States 2,000,000 2,512,710
Fox Corp., senior bond, 5.576%, 1/25/49 United States 1,200,000 1,754,159
NBCUniversal Media LLC, senior bond, 4.45%, 1/15/43 United States 1,100,000 1,441,563
      10,997,205
Multi-Utilities 0.4%      
a Berkshire Hathaway Energy Co., Sr Unsecured, 144A, 3.70%, 7/15/30 United States 4,800,000 5,690,602
Multiline Retail 0.4%      
Dollar Tree Inc., senior bond, 4.20%, 5/15/28 United States 5,100,000 6,071,142
Oil, Gas & Consumable Fuels 2.9%      
Canadian Natural Resources Ltd., senior bond, 3.85%, 6/01/27 Canada 3,000,000 3,369,559
Cheniere Corpus Christi Holdings LLC, senior secured note, first lien,      
5.875%, 3/31/25 United States 3,400,000 3,959,572
Ecopetrol SA, senior bond, 4.125%, 1/16/25 Colombia 6,200,000 6,750,312
Enable Midstream Partners LP, senior note, 3.90%, 5/15/24 United States 2,650,000 2,710,637
Energy Transfer Operating LP, senior bond, 5.15%, 3/15/45 United States 850,000 923,114
Enterprise Products Operating LLC, senior bond, 4.25%, 2/15/48 United States 1,150,000 1,350,673
Equinor ASA, senior note, 2.38%, 5/22/30 Norway 3,000,000 3,213,257
Exxon Mobil Corp., senior bond, 2.61%, 10/15/30 United States 5,000,000 5,462,963
MPLX LP, senior bond, 4.70%, 4/15/48 United States 1,250,000 1,484,824
Sabine Pass Liquefaction LLC, senior secured bond, first lien, 4.20%,      
3/15/28 United States 4,000,000 4,592,132
Shell International Finance B.V., senior note, 6.38%, 12/15/38 Netherlands 3,000,000 4,669,358
TC PipeLines LP, senior note, 3.90%, 5/25/27 United States 2,550,000 2,870,976
The Williams Cos. Inc.,      
senior bond, 3.50%, 11/15/30 United States 1,000,000 1,133,371
senior bond, 5.10%, 9/15/45 United States 300,000 371,079
Valero Energy Corp.,      
senior bond, 4.00%, 4/01/29 United States 500,000 562,635
senior note, 4.35%, 6/01/28 United States 1,500,000 1,708,706
      45,133,168
Pharmaceuticals 1.0%      
Bristol-Myers Squibb Co., senior bond, 4.13%, 6/15/39 United States 3,200,000 4,086,548
GlaxoSmithKline Capital Inc., senior bond, 6.38%, 5/15/38 United States 3,600,000 5,684,213
Royalty Pharma PLC, senior secured note, 1.75%, 9/02/27 United Kingdom 1,300,000 1,338,726
Shire Acquisitions Investments Ireland Designated Activity Co., senior note,      
2.88%, 9/23/23 United States 1,600,000 1,697,414
Takeda Pharmaceutical Co. Ltd., senior note, 5.00%, 11/26/28 Japan 2,700,000 3,357,678
      16,164,579
Road & Rail 0.4%      
Burlington Northern Santa Fe LLC,      
senior bond, 4.15%, 4/01/45 United States 2,300,000 3,009,076
senior bond, 4.90%, 4/01/44 United States 1,100,000 1,553,538

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
CSX Corp., senior bond, 4.25%, 11/01/66 United States 750,000 1,005,114
      5,567,728
Semiconductors & Semiconductor Equipment 0.4%      
Intel Corp., senior bond, 4.95%, 3/25/60 United States 2,200,000 3,262,717
Maxim Integrated Products Inc., senior note, 3.45%, 6/15/27 United States 2,450,000 2,750,534
      6,013,251
Software 0.1%      
Microsoft Corp., senior bond, 2.68%, 6/01/60 United States 1,660,000 1,803,521
Tobacco 1.1%      
Altria Group Inc., senior note, 3.40%, 5/06/30 United States 6,600,000 7,412,984
a BAT International Finance PLC, senior note, 144A, 3.95%, 6/15/25 United Kingdom 2,600,000 2,926,228
a Imperial Brands Finance PLC, senior note, 144A, 3.50%, 7/26/26 United Kingdom 6,000,000 6,649,451
      16,988,663
Wireless Telecommunication Services 0.6%      
T-Mobile USA Inc.,      
a senior bond, 144A, 3.30%, 2/15/51 United States 2,000,000 2,061,410
a senior note, 144A, 3.75%, 4/15/27 United States 5,000,000 5,699,000
a senior secured bond, 144A, 3.88%, 4/15/30 United States 1,000,000 1,159,260
      8,919,670
Total Corporate Bonds & Notes (Cost $460,657,338)     495,146,011

 

U.      S. Government & Agency Securities 31.9%
U.      S. Treasury Bond,
1.125%, 8/15/40 United States 1,700,000 1,607,297
1.25%, 5/15/50 United States 4,065,000 3,680,413
2.00%, 2/15/50 United States 18,450,000 20,001,674
2.25%, 8/15/46 United States 26,793,000 30,531,461
2.25%, 8/15/49 United States 2,350,000 2,684,508
2.75%, 8/15/42 United States 4,740,000 5,868,527
2.75%, 11/15/42 United States 15,990,000 19,783,253
3.00%, 11/15/44 United States 11,365,000 14,685,711
3.00%, 2/15/49 United States 4,315,000 5,681,979
3.50%, 2/15/39 United States 25,870,000 35,092,251
U.S. Treasury Note,      
0.25%, 6/30/25 United States 21,850,000 21,791,961
0.50%, 3/31/25 United States 51,900,000 52,376,426
0.63%, 5/15/30 United States 840,000 820,837
1.38%, 8/31/23 United States 64,750,000 66,867,021
1.50%, 3/31/23 United States 30,273,000 31,196,563
1.50%, 9/30/24 United States 9,050,000 9,477,400
1.50%, 10/31/24 United States 5,750,000 6,026,719
1.88%, 9/30/22 United States 59,500,000 61,310,567
2.13%, 2/29/24 United States 94,165,000 99,939,962
2.75%, 9/15/21 United States 7,300,000 7,435,108
Total U.S. Government & Agency Securities (Cost $491,624,275)     496,859,638
Municipal Bonds 3.4%      
Alabama 0.3%      
Southeast Alabama Gas Supply District, Revenue, Libor-Project #2, Series, 0.954%, 6/01/49   5,000,000 4,993,650
 
California 1.2%      
California Health Facilities Financing Authority Revenue,      
Senior, No Place Like Home Program, 2.934%, 6/01/32   530,000 571,207
Senior, No Place Like Home Program, 2.984%, 6/01/33   460,000 493,295
Senior, No Place Like Home Program, 3.034%, 6/01/34   345,000 368,536
California State GO, Various Purpose, 4.00%, 3/01/46   2,500,000 3,012,175
Contra Costa Community College District GO, Refunding, 2.926%, 8/01/38   4,000,000 4,178,160
Foothill/Eastern Transportation Corridor Agency Toll Road Revenue, Refunding, Series A, 4.094%, 1/15/49 275,000 295,980
Gilroy Unified School District, GO, Santa Clara County, Refunding, 3.364%, 8/01/47   1,145,000 1,206,109

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
Whittier City School District GO, Refunding, 3.306%, 8/01/43   7,500,000 7,933,275
      18,058,737
Florida 0.0%c      
Broward County Airport System Revenue, Series C, 3.477%, 10/01/43   560,000 584,534
 
Illinois 0.1%      
State of Illinois GO, 5.10%, 6/01/33   670,000 721,570
 
Missouri 0.1%      
Metropolitan St. Louis Sewer District Wastewater System Revenue, Refunding, Series C, 3.259%, 5/01/45 1,215,000 1,309,381
 
New York 0.6%      
Metropolitan Transportation Authority, Refunding, Series B, 5.00%, 11/15/52   7,255,000 8,519,909
Metropolitan Transportation Authority, Revenue, Green Climate Bonds, Series E, 4.00%, 11/15/45   1,095,000 1,216,490
      9,736,399
Ohio 0.1%      
Greenville City School District GO, County of Darke, School Improvement, Refunding, 3.541%, 1/01/51 1,295,000 1,324,902
 
Pennsylvania 0.2%      
Pennsylvania State University, Refunding, Series B, 2.888%, 9/01/50   3,500,000 3,711,470
 
Texas 0.8%      
City of Austin Electric Utility System Revenue, Travis and Williamson Counties, Refunding, 6.262%, 11/15/32 1,000,000 1,303,270
Grand Parkway Transportation Corp. System Toll Revenue, Tela Supported, Subordinate Tier, Refunding,    
3.236%, 10/01/52   6,800,000 7,117,220
Texas Water Development Board, State Water Implementation Fund, Master Trust, Series A, 4.00%,      
10/15/44   3,750,000 4,559,137
      12,979,627
Total Municipals (Cost $51,867,581)     53,420,270
Mortgage-Backed Securities 24.1%      
Fannie Mae 6.6%      
Federal Home Loan Mortgage Corp.,      
2.00%, 10/01/35 United States 2,492,141 2,605,574
2.00%, 11/01/35 United States 2,492,141 2,606,202
2.00%, 11/01/35 United States 2,492,523 2,606,621
2.00%, 12/01/35 United States 2,489,159 2,603,290
2.00%, 12/01/35 United States 871,198 911,221
2.50%, 10/01/50 United States 11,858,976 12,587,102
3.00%, 3/01/50 United States 26,735,896 28,606,337
3.00%, 3/01/50 United States 10,267,313 10,990,757
3.50%, 2/01/47 United States 3,355,611 3,585,149
3.50%, 2/01/47 United States 5,308,318 5,747,298
3.50%, 3/01/48 United States 3,573,306 3,832,023
4.00%, 6/01/48 United States 11,310,543 12,346,075
4.00%, 5/01/50 United States 12,909,900 14,085,786
      103,113,435
Freddie Mac 14.9%      
Federal National Mortgage Association,      
1.50%, 11/01/35 United States 7,981,397 8,213,763
2.00%, 8/01/30 United States 1,823,790 1,906,968
2.00%, 10/01/35 United States 585,103 611,858
2.00%, 10/01/35 United States 2,487,300 2,605,719
2.00%, 10/01/35 United States 18,074,033 18,899,416
2.00%, 12/01/35 United States 2,522,244 2,638,616
2.00%, 10/01/50 United States 14,080,911 14,630,606
2.00%, 11/01/50 United States 2,506,411 2,604,258
2.00%, 12/01/50 United States 2,505,276 2,605,548
2.00%, 12/01/50 United States 521,095 542,191
2.00%, 12/01/50 United States 2,504,142 2,605,865
2.00%, 12/01/50 United States 2,501,131 2,605,830
2.50%, 10/01/35 United States 10,119,426 10,595,493

 

 

FRANKLIN TEMPLETON ETF TRUST

STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)

2.50%, 9/01/50 United States 12,527,490 13,401,979
2.50%, 9/01/50 United States 12,589,430 13,539,316
2.50%, 10/01/50 United States 5,085,423 5,425,459
2.50%, 10/01/50 United States 4,154,715 4,384,145
2.50%, 12/01/50 United States 2,500,850 2,646,024
3.00%, 7/01/50 United States 18,613,639 19,579,483
3.00%, 8/01/50 United States 16,425,991 17,226,113
3.50%, 11/01/48 United States 15,818,542 17,258,175
3.50%, 8/01/49 United States 20,535,998 22,185,948
4.00%, 9/01/48 United States 12,356,958 13,419,963
4.50%, 7/01/47 United States 10,921,661 12,162,331
4.50%, 5/01/48 United States 5,895,401 6,546,477
4.50%, 12/01/48 United States 8,674,022 9,641,312
4.50%, 2/01/50 United States 3,458,600 3,814,532
      232,297,388
Ginnie Mae 2.6%      
Government National Mortgage Association,      
2.00%, 10/20/50 United States 6,959,091 7,279,951
2.50%, 8/20/50 United States 749,198 793,718
2.50%, 10/20/50 United States 21,938,688 23,246,413
3.00%, 11/20/50 United States 2,458,538 2,604,960
4.50%, 9/20/50 United States 1,611,763 1,744,517
4.50%, 10/20/50 United States 2,409,978 2,608,803
4.50%, 11/20/50 United States 2,377,816 2,583,454
      40,861,816
Total Mortgage-Backed Securities (Cost $373,317,651)     376,272,639
Foreign Government and Agency Securities 3.2%      
Colombia 0.5%      
Colombia Government International Bond,      
senior bond, 4.375%, 7/12/21   3,400,000 3,467,439
senior bond, 5.00%, 6/15/45   3,250,000 3,977,187
      7,444,626
Indonesia 0.5%      
Indonesia Government International Bond,      
a senior bond, 144A, 4.35%, 1/08/27   3,150,000 3,672,600
a senior note, 144A, 4.125%, 1/15/25   3,500,000 3,922,398
      7,594,998
Mexico 0.6%      
Mexico Government International Bond,      
senior bond, 3.60%, 1/30/25   2,700,000 3,013,659
senior note, 4.15%, 3/28/27   4,500,000 5,200,312
      8,213,971
Panama 0.4%      
a Panama Notas del Tesoro, senior note, 144A   5,950,000 6,523,372
Peru 0.4%      
Peruvian Government International Bond, senior bond   5,850,000 6,433,596
 
Supranational 0.4%      
a African Export-Import Bank, senior bond, 144A   6,100,000 6,555,060
Uruguay 0.4%      
Uruguay Government International Bond,      
senior bond, 4.375%, 1/23/31   3,875,000 4,762,627
senior bond, 4.50%, 8/14/24   1,400,000 1,550,353
      6,312,980
Total Foreign Government and Agency Securities (Cost $45,878,253)     49,078,603
Asset-Backed Securities 1.4%      
American Express Credit Account Master Trust, Series 2019-1, Class A,      
ABS, 2.87%, 10/15/24 United States 1,500,000 1,549,540

 

 

FRANKLIN TEMPLETON ETF TRUST          
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)          
 
 
 
 
a BX Commercial Mortgage Trust 2020-BXLP, Series 2020-BXLP, Class A,          
144A, 0.959%, 12/15/35, FRN thereafter, 12/15/36 United States 3,087,174   3,095,392  
Capital One Multi-Asset Execution Trust,          
Series 2019-A1, Class A1, 2.84%, 12/15/24 United States 4,460,000   4,591,019  
Series 2019-A2, Class A2, 1.72%, 8/15/24 United States 5,510,000   5,644,908  
a CF Hippolyta LLC, Series 2020-1, Class A1, ABS, 144A, 1.69%, 7/15/60 United States 2,071,002   2,115,210  
Citibank Credit Card Issuance Trust, Series 2017-A7 , Class A7, 0.522%,          
8/08/23, FRN thereafter, 8/08/24 United States 2,000,000   2,011,269  
Discover Card Execution Note Trust, Series 2019-A3, Class A, 1.89%,          
10/15/24 United States 3,220,000   3,314,969  
Total Asset-Backed Securities (Cost $21,961,614)       22,322,307  
Total Investments before Short Term Investments (Cost $1,445,306,712)       1,493,099,468  
Short Term Investments (Cost $68,939,693) 4.4%          
Investments from Cash Collateral Received for Loaned          
Securities 4.4%          
Money Market Funds 4.4%          
d,e Institutional Fiduciary Trust Portfolio, 0.00% United States 68,939,693   68,939,693  
Total Investments (Cost $1,514,246,405) 100.2%       1,562,039,161  
 
Other Assets, less Liabilities (0.2)%       (2,958,129 )
Net Assets 100.0%     $ 1,559,081,032  

 

*      The principal amount is stated in U.S. dollars unless otherwise indicated.
a      Security 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. At December 31, 2020, the aggregate value of these securities was $101,616,019, representing 6.5% of net assets.
b      Security 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. At December 31, 2020, the value of this security was $1,332,697, representing 0.1% of net assets.
c      Rounds to less than 0.1% of net assets.
d      See Note 3(c) regarding investments in affiliated management investment companies.
e      The rate shown is the annualized seven-day effective yield at period end.
 

                  FRANKLIN TEMPLETON ETF TRUST
          STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
At December 31, 2020, 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)
Index Contracts                
U.S. Treasury 5 Yr. Note Long 405 $ 51,096,446   3/31/21 $ 69,364
Ultra 10 Yr. U.S. Treasury Note Short 364   (56,914,813 ) 3/22/21   131,661
Total Futures Contracts           $   201,025
*As of period end.                
Abbreviations                
Selected Portfolio                
FHLB - Federal Home Loan Bank                
FRN - Floating Rate Note                
GO - General Obligation                
REIT - Real Estate Investment Trust                

 

 

FRANKLIN TEMPLETON ETF TRUST      
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin Liberty U.S. Low Volatility ETF Shares   Value
Common Stocks 99.4%      
Communication Services 10.4%      
a Alphabet Inc., A 951 $ 1,666,761
AT&T Inc. 55,857   1,606,447
a Charter Communications Inc., A 2,518   1,665,783
Comcast Corp., A 32,263   1,690,581
a Liberty Broadband Corp., C 10,401   1,647,206
a T-Mobile U.S. Inc. 12,448   1,678,613
TELUS Corp. 82,565   1,634,787
Verizon Communications Inc. 27,162   1,595,768
      13,185,946
Consumer Discretionary 12.2%      
a Amazon.com Inc. 481   1,566,583
Dollar General Corp. 7,322   1,539,817
McDonald's Corp. 7,165   1,537,466
NIKE Inc., B 11,226   1,588,142
a NVR Inc. 364   1,485,069
a O'Reilly Automotive Inc. 3,416   1,545,979
Ross Stores Inc. 13,098   1,608,565
Target Corp. 9,043   1,596,361
The Home Depot Inc. 5,698   1,513,503
Tractor Supply Co. 10,478   1,472,997
      15,454,482
Consumer Staples 6.1%      
McCormick & Co. Inc. 16,370   1,564,972
PepsiCo Inc. 10,403   1,542,765
The Coca-Cola Co. 28,443   1,559,814
The Procter & Gamble Co. 10,993   1,529,566
Walmart Inc. 10,472   1,509,539
      7,706,656
Energy 2.1%      
Chevron Corp. 16,227   1,370,370
Exxon Mobil Corp. 33,111   1,364,836
      2,735,206
Financials 10.4%      
Aflac Inc. 26,767   1,190,328
Arthur J. Gallagher & Co. 9,374   1,159,658
BlackRock Inc. 1,681   1,212,909
FactSet Research Systems Inc. 3,385   1,125,512
Intercontinental Exchange Inc. 10,412   1,200,399
JPMorgan Chase & Co. 9,865   1,253,546
Nasdaq Inc. 9,135   1,212,580
S&P Global Inc. 3,642   1,197,235
The Progressive Corp. 12,117   1,198,129
The Travelers Cos. Inc. 8,460   1,187,530
U.S. Bancorp 26,188   1,220,099
      13,157,925
Health Care 13.5%      
Abbott Laboratories 14,258   1,561,108
AbbVie Inc. 14,875   1,593,856
Baxter International Inc. 19,215   1,541,812
Becton Dickinson and Co. 6,163   1,542,106
Bristol-Myers Squibb Co. 24,616   1,526,930
Danaher Corp. 6,871   1,526,324
Johnson & Johnson 10,056   1,582,613
Medtronic PLC 13,313   1,559,485
Merck & Co. Inc. 19,537   1,598,127
Pfizer Inc. 41,236   1,517,897

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)      
 
 
 
 
Quest Diagnostics Inc. 12,909   1,538,366
      17,088,624
Industrials 8.8%      
BWX Technologies Inc. 20,788   1,253,101
General Dynamics Corp. 8,191   1,218,985
Honeywell International Inc. 5,954   1,266,416
Illinois Tool Works Inc. 6,134   1,250,600
Lockheed Martin Corp. 3,512   1,246,690
Republic Services Inc. 12,922   1,244,388
Roper Technologies Inc. 2,934   1,264,818
United Parcel Service Inc., B 7,139   1,202,207
Verisk Analytics Inc. 6,116   1,269,620
      11,216,825
Information Technology 27.4%      
Accenture PLC, A 6,832   1,784,587
Amphenol Corp., A 13,923   1,820,711
Analog Devices Inc. 12,583   1,858,887
a ANSYS Inc. 5,083   1,849,195
Apple Inc. 14,362   1,905,694
Automatic Data Processing Inc. 10,148   1,788,078
a Black Knight Inc. 20,031   1,769,739
Booz Allen Hamilton Holding Corp. 20,256   1,765,918
Cisco Systems Inc. 40,032   1,791,432
International Business Machines Corp. 14,454   1,819,469
Intuit Inc. 4,785   1,817,582
Jack Henry & Associates Inc. 11,254   1,823,035
a Keysight Technologies Inc. 14,182   1,873,300
Mastercard Inc., A 5,345   1,907,844
Microsoft Corp. 8,321   1,850,757
Oracle Corp. 27,959   1,808,668
a Synopsys Inc. 7,133   1,849,159
Texas Instruments Inc. 11,087   1,819,709
Visa Inc., A 8,608   1,882,828
      34,786,592
Materials 2.7%      
Air Products and Chemicals Inc. 4,217   1,152,169
Ecolab Inc. 5,201   1,125,288
Linde PLC 4,412   1,162,606
      3,440,063
Real Estate 3.0%      
Crown Castle International Corp. 8,213   1,307,427
Equinix Inc. 1,779   1,270,526
Public Storage 5,507   1,271,732
      3,849,685
Utilities 2.8%      
American Electric Power Co. Inc. 8,493   707,212
Dominion Energy Inc. 9,385   705,752
Duke Energy Corp. 7,832   717,098
NextEra Energy Inc. 9,494   732,462
Xcel Energy Inc. 10,702   713,503
      3,576,027
Total Investments (Cost $108,797,842) 99.4%     126,198,031
 
Other Assets, less Liabilities 0.6%     743,669
Net Assets 100.0%   $ 126,941,700
 
aNon-income producing.      

 

 

FRANKLIN TEMPLETON ETF TRUST

Statement of Investments, December 31, 2020 (unaudited)

Franklin Liberty U.S. Treasury Bond ETF

Country

Principal Amount*

Value

U.      S. Government & Agency Securities 97.4%
U.      S. Treasury Bond,
1.125%, 8/15/40 United States 11,320,000 $ 10,702,706
2.25%, 8/15/46 United States 9,330,000   10,631,827
2.25%, 8/15/49 United States 8,550,000   9,767,039
2.50%, 2/15/45 United States 8,932,000   10,634,663
2.75%, 11/15/47 United States 8,790,000   11,011,879
2.875%, 5/15/49 United States 9,250,000   11,921,660
3.375%, 11/15/48 United States 8,760,000   12,283,162
4.50%, 2/15/36 United States 6,910,000   10,133,677
4.50%, 5/15/38 United States 6,080,000   9,173,437
U.S. Treasury Note,        
0.125%, 5/31/22 United States 13,290,000   13,293,894
0.50%, 6/30/27 United States 11,200,000   11,151,437
1.25%, 8/31/24 United States 12,670,000   13,144,135
1.375%, 1/31/25 United States 50,040,000   52,293,755
1.50%, 9/30/24 United States 12,610,000   13,205,527
1.50%, 10/31/24 United States 14,010,000   14,684,231
1.50%, 11/30/24 United States 13,959,000   14,638,411
1.625%, 8/15/29 United States 7,522,000   8,043,251
1.75%, 7/31/24 United States 7,080,000   7,468,294
1.875%, 8/31/24 United States 10,490,000   11,123,498
2.00%, 4/30/24 United States 12,569,000   13,323,140
2.00%, 5/31/24 United States 12,230,000   12,980,043
2.125%, 3/31/24 United States 13,131,000   13,952,200
2.125%, 9/30/24 United States 9,390,000   10,052,068
2.125%, 11/30/24 United States 12,920,000   13,862,756
2.25%, 10/31/24 United States 10,600,000   11,412,805
2.25%, 11/15/24 United States 13,470,000   14,512,873
2.375%, 2/29/24 United States 11,908,000   12,729,931
2.375%, 8/15/24 United States 12,210,000   13,161,998
2.50%, 5/15/24 United States 14,085,000   15,180,439
2.875%, 8/15/28 United States 1,764,000   2,048,445
3.125%, 11/15/28 United States 7,727,000   9,145,629
United States Treasury Inflation Protected Security,        
0.125%, 4/15/25 United States 5,040,350   5,423,688
0.375%, 1/15/27 United States 7,276,028   8,122,029
Total U.S. Government & Agency Securities (Cost $410,759,828)       411,214,527
Mortgage-Backed Securities 2.3%        
Fannie Mae 0.8%        
Federal National Mortgage Association 2.50%, 7/01/50 United States 3,049,672   3,218,080
 
Ginnie Mae 1.5%        
Government National Mortgage Association,        
3.00%, 5/20/50 United States 3,126,153   3,271,588
3.00%, 6/20/50 United States 3,159,746   3,307,649
        6,579,237
Total Mortgage-Backed Securities (Cost $9,828,133)       9,797,317
Short Term Investments (Cost $149,986) 0.1%        
Money Market Funds 0.1%        
a,b Institutional Fiduciary Trust Portfolio, 0.00% United States 149,986   149,986
Total Investments (Cost $420,737,947) 99.8%       421,161,830
 
Other Assets, less Liabilities 0.2%       1,008,450
Net Assets 100.0%     $ 422,170,280

 

*      The principal amount is stated in U.S. dollars unless otherwise indicated.
a      See Note 5 regarding investments in affiliated management investment companies.
b      The rate shown is the annualized seven-day effective yield at period end.
 

FRANKLIN TEMPLETON ETF TRUST

Statement of Investments, December 31, 2020 (unaudited)

Franklin Liberty Ultra Short Bond ETF Country Principal Amount*   Value
Corporate Bonds & Notes 85.8%        
Aerospace & Defense 2.0%        
Textron Inc., senior note, 5.95%, 9/21/21 United States 50,000 $ 51,229
 
Automobiles 2.0%        
a Hyundai Capital America, senior note, 144A, 3.45%, 3/12/21 United States 50,000   50,250
 
Banks 20.3%        
Bank of America Corp., senior note, FRN thereafter, 2.313%, 4/24/23 United States 50,000   50,525
Bank of Montreal, senior note, FRN thereafter, 0.789%, 3/10/23 Canada 50,000   50,446
Canadian Imperial Bank of Commerce, senior note, FRN thereafter, 2.36%,        
3/17/23 Canada 50,000   50,484
Citigroup Inc., senior note, FRN thereafter, 2.632%, 9/01/23 United States 100,000   101,728
JPMorgan Chase & Co., senior note, FRN thereafter, 2.056%, 4/25/23 United States 100,000   100,975
M&T Bank Corp., senior note, FRN thereafter, 1.671%, 7/26/23 United States 50,000   50,476
Sumitomo Mitsui Financial Group Inc., senior note, FRN thereafter, 1.013%,        
1/17/23 Japan 50,000   50,358
Wells Fargo & Co., senior note, FRN thereafter, 2.851%, 1/24/23 United States 50,000   50,439
        505,431
Beverages 2.0%        
PepsiCo Inc., senior note, 1.70%, 10/06/21 United States 50,000   50,486
Biotechnology 4.1%        
Abbvie Inc. 0.863%, 11/21/22 United States 50,000   50,344
Gilead Sciences Inc., senior note, 4.40%, 12/01/21 United States 50,000   51,372
        101,716
Capital Markets 8.1%        
Deutsche Bank AG, senior note, 3.375%, 5/12/21 Germany 50,000   50,452
Goldman Sachs Group Inc., senior note, FRN thereafter, 2.557%, 2/23/23 United States 50,000   50,482
Morgan Stanley, Sr Unsecured, GMTN, FRN thereafter, 0.756%, 1/20/23 United States 50,000   50,201
The Bank of New York Mellon Corp., senior note, 2.05%, 5/03/21 United States 50,000   50,223
        201,358
Chemicals 2.2%        
LYB International Finance BV, senior note, 4.00%, 7/15/23 United States 50,000   54,275
 
Consumer Finance 4.1%        
American Express Credit Corp., senior note, 2.25%, 5/05/21 United States 50,000   50,256
Capital One Financial Corp., senior note, 2.60%, 5/11/23 United States 50,000   52,442
        102,698
Energy Equipment & Services 4.2%        
Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor Inc., senior note,        
2.773%, 12/15/22 United States 50,000   52,251
a Schlumberger Finance Canada Ltd., senior note, 144A, 2.65%, 11/20/22 Canada 50,000   51,895
        104,146
Food Products 2.1%        
BAT Capital Corp., senior note, 2.764%, 8/15/22 United States 50,000   51,752
 
Health Care Providers & Services 6.2%        
Cigna Corp., Sr Unsecured, FRN thereafter, 1.165%, 7/15/23 United States 50,000   50,591
CVS Health Corp., senior note, 3.70%, 3/09/23 United States 50,000   53,540

 

 

FRANKLIN TEMPLETON ETF TRUST          
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)          
 
 
 
UnitedHealth Group Inc., senior note, 3.15%, 6/15/21 United States 50,000 $ 50,629  
        154,760  
Household Products 2.0%          
The Procter & Gamble Co., senior note, 1.70%, 11/03/21 United States 50,000   50,652  
Insurance 2.1%          
a Liberty Mutual Group Inc., senior note, 144A, 4.95%, 5/01/22 United States 50,000   52,924  
Internet & Direct Marketing Retail 2.0%          
eBay Inc., senior note, 1.084%, 1/30/23 United States 50,000   50,530  
Machinery 2.0%          
Caterpillar Financial Services Corp., senior note, FRN thereafter, 2.354%,          
3/15/21 United States 50,000   50,017  
Metals & Mining 2.1%          
a Glencore Finance Canada Ltd., senior bond, 144A, 4.95%, 11/15/21 Canada 50,000   52,012  
Multiline Retail 2.0%          
Family Dollar Stores Inc., senior bond, first lien, 5.00%, 2/01/21 United States 50,000   50,151  
Oil, Gas & Consumable Fuels 4.0%          
MPLX LP, senior note, FRN thereafter, 1.413%, 9/09/22 United States 50,000   50,009  
a Woodside Finance Ltd., senior note, 144A, 4.60%, 5/10/21 Australia 50,000   50,199  
        100,208  
Pharmaceuticals 6.1%          
AstraZeneca PLC, senior note, 0.887%, 8/17/23 United Kingdom 50,000   50,444  
a Bristol-Myers Squibb Co., senior note, 144A, 2.60%, 5/16/22 United States 50,000   51,601  
GlaxoSmithKline Capital PLC, senior note, 0.534%, 10/01/23 United Kingdom 50,000   50,200  
        152,245  
Road & Rail 2.1%          
a Penske Truck Leasing Co. LP/PTL Finance Corp., senior note, 144A,          
2.70%, 3/14/23 United States 50,000   52,301  
Semiconductors & Semiconductor Equipment 2.0%          
Intel Corp., senior note, 3.30%, 10/01/21 United States 50,000   51,117  
Software 2.1%          
Oracle Corp., senior note, 2.50%, 5/15/22 United States 50,000   51,345  
Total Corporate Bonds & Notes (Cost $2,133,007)       2,141,603  
Asset-Backed Securities 8.1%          
Citibank Credit Card Issuance Trust, Series 2017-A5, Class A5, FRN          
thereafter, 0.81%, 4/22/26 United States 100,000   101,167  
Discover Card Execution Note Trust, Series 2017-A5, Class A5, FRN          
thereafter, 0.785%, 12/15/26 United States 100,000   101,124  
Total Asset-Backed Securities (Cost $200,922)       202,291  
Total Investments before Short Term Investments (Cost $2,333,929)       2,343,894  
Short Term Investments 6.9%          
Money Market Funds 2.9%          
b,c Institutional Fiduciary Trust - Money Market Portfolio, 0.00% United States 71,863   71,863  
Commercial Paper 4.0%          
HSBC USA Inc. 0.518%, 1/04/21 United States 100,000   99,999  
Total Short Term Investment (Cost $171,859)       171,862  
Total Investments (Cost $2,505,788) 100.8%       2,515,756  
Other Assets, less Liabilities (0.8)%       (20,654 )
Net Assets 100.0%     $ 2,495,102  

 

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

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, December 31, 2020 (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. At December 31, 2020, the aggregate value of these securities was $361,182, representing 14.5% of net assets. bSee Note 5 regarding investments in affiliated management investment companies. cThe rate shown is the annualized seven-day effective yield at period end.

Abbreviations

Selected Portfolio

FHLB - Federal Home Loan Bank
FRN - Floating Rate Note
REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin LibertyQ Emerging Markets ETF Industry Shares   Value
Common Stocks 98.0%        
Brazil 3.7%        
Ambev SA Beverages 79,600 $ 239,833
BB Seguridade Participacoes SA Insurance 22,800   130,061
  Independent Power and Renewable      
Engie Brasil Energia SA Electricity Producers 4,800   40,605
Telefonica Brasil SA Diversified Telecommunication Services 12,009   107,508
TIM SA Wireless Telecommunication Services 17,600   49,640
Vale SA Metals & Mining 17,760   299,009
        866,656
Chile 0.9%        
  Independent Power and Renewable      
Colbun SA Electricity Producers 163,220   28,830
Compania Cervecerias Unidas SA Beverages 3,008   22,214
Enel Americas SA Electric Utilities 654,012   106,787
Enel Chile SA Electric Utilities 613,616   47,673
        205,504
China 28.1%        
A-Living Services Co. Ltd., H Commercial Services & Supplies 6,500   28,837
Agricultural Bank of China Ltd., A Banks 66,800   32,286
Agricultural Bank of China Ltd., H Banks 512,000   187,530
Anhui Conch Cement Co. Ltd., A Construction Materials 4,800   38,139
Anhui Conch Cement Co. Ltd., H Construction Materials 26,230   164,237
Anhui Kouzi Distillery Co. Ltd., A Beverages 400   4,242
Apeloa Pharmaceutical Co. Ltd., A Pharmaceuticals 1,200   4,300
Asymchem Laboratories Tianjin Co. Ltd., A Pharmaceuticals 200   9,209
Autobio Diagnostics Co. Ltd., A Health Care Equipment & Supplies 300   6,704
Bank of Beijing Co. Ltd., A Banks 24,700   18,401
Bank of Chengdu Co. Ltd., A Banks 2,400   3,942
Bank of China Ltd., A Banks 13,600   6,657
Bank of China Ltd., H Banks 616,000   210,528
Bank of Communications Co. Ltd., A Banks 48,200   33,238
Bank of Communications Co. Ltd., H Banks 211,400   111,782
Bank of Hangzhou Co. Ltd. Banks 6,500   14,928
Bank of Nanjing Co. Ltd., A Banks 10,800   13,432
Baoshan Iron & Steel Co. Ltd., A Metals & Mining 20,800   19,050
Beijing Kunlun Tech Co. Ltd. Entertainment 800   2,457
Brilliance China Automotive Holdings Ltd. Automobiles 62,000   56,452
By-health Co. Ltd., A Personal Products 800   2,974
C&S Paper Co. Ltd., A Household Products 800   2,570
  Electronic Equipment, Instruments &      
Chaozhou Three-Circle Group Co. Ltd. Components 1,200   6,880
China Cinda Asset Management Co. Ltd., H Capital Markets 200,000   37,917
China CITIC Bank Corp. Ltd., H Banks 232,000   98,439
China Conch Venture Holdings Ltd. Construction & Engineering 36,360   176,786
China Construction Bank Corp., H Banks 288,000   218,771
China Everbright Bank Co. Ltd., A Banks 44,300   27,207
China Everbright Bank Co. Ltd., H Banks 80,000   30,436
a,b China Feihe Ltd., 144A, Reg S Food Products 18,000   42,157
China Hongqiao Group Ltd. Metals & Mining 26,000   23,808
China Lesso Group Holdings Ltd. Building Products 22,000   34,445
China Medical System Holdings Ltd. Pharmaceuticals 36,000   40,207
China Merchants Port Holdings Co. Ltd. Transportation Infrastructure 20,000   24,478
China Minsheng Banking Corp. Ltd., A Banks 44,400   35,538
China Minsheng Banking Corp. Ltd., H Banks 152,000   86,646
China Mobile Ltd. Wireless Telecommunication Services 35,690   203,447
China National Building Material Co. Ltd., H Construction Materials 64,000   76,927
China Overseas Property Holdings Ltd. Real Estate Management & Development 19,400   10,108
China Pacific Insurance Group Co. Ltd., A Insurance 5,600   33,100
China Pacific Insurance Group Co. Ltd., H Insurance 42,400   165,961

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
China Railway Group Ltd., H Construction & Engineering 40,000 17,643
China Resources Cement Holdings Ltd. Construction Materials 66,000 73,713
  Independent Power and Renewable    
China Resources Power Holdings Co. Ltd. Electricity Producers 24,000 25,845
China Shenhua Energy Co. Ltd., A Oil, Gas & Consumable Fuels 7,200 19,960
China Shenhua Energy Co. Ltd., H Oil, Gas & Consumable Fuels 95,120 179,105
China South Publishing & Media Group Co. Ltd., A Media 2,000 2,934
China Taiping Insurance Holdings Co. Ltd. Insurance 24,800 44,714
China Telecom Corp. Ltd., H Diversified Telecommunication Services 232,000 64,329
  Independent Power and Renewable    
China Yangtze Power Co. Ltd., A Electricity Producers 24,000 70,781
Chongqing Brewery Co. Ltd., A Beverages 800 14,652
CNOOC Ltd. Oil, Gas & Consumable Fuels 194,120 179,753
Country Garden Services Holdings Co. Ltd. Commercial Services & Supplies 30,400 205,637
Da An Gene Co. Ltd. of Sun Yat-Sen University Biotechnology 850 4,488
Dali Foods Group Co. Ltd. Food Products 51,500 29,423
Daqin Railway Co. Ltd., A Road & Rail 21,600 21,478
DaShenLin Pharmaceutical Group Co. Ltd., A Food & Staples Retailing 400 4,824
Dongfeng Motor Group Co. Ltd., H Automobiles 72,000 83,943
East Money Information Co. Ltd. Capital Markets 8,000 38,174
Far East Horizon Ltd. Diversified Financial Services 32,000 32,975
Focus Media Information Technology Co. Ltd. Media 16,400 24,916
Foshan Haitian Flavouring & Food Co. Ltd. Food Products 3,800 117,299
Fujian Sunner Development Co. Ltd. Food Products 2,000 8,170
Fuyao Glass Industry Group Co. Ltd., A Auto Components 2,400 17,751
G-bits Network Technology Xiamen Co. Ltd., A Entertainment 100 6,557
c,d GSX Techedu Inc., ADR Diversified Consumer Services 1,328 68,671
Guangdong Haid Group Co. Ltd. Food Products 1,600 16,131
Guangdong Xinbao Electrical Appliances Holdings Co. Ltd. Household Durables 400 2,601
Guangzhou R&F Properties Co. Ltd., H Real Estate Management & Development 17,600 22,630
  Electronic Equipment, Instruments &    
Guangzhou Shiyuan Electronic Technology Co. Ltd. Components 800 14,165
Guangzhou Wondfo Biotech Co. Ltd., A Health Care Equipment & Supplies 300 4,120
Haitian International Holdings Ltd. Machinery 8,000 27,651
Hangzhou Robam Appliances Co. Ltd., A Household Durables 1,200 7,532
Hefei Meiya Optoelectronic Technology Inc. Machinery 800 5,453
Heilongjiang Agriculture Co. Ltd., A Food Products 2,000 5,926
Henan Shuanghui Investment & Development Co. Ltd. Food Products 3,900 28,179
Hengan International Group Co. Ltd. Personal Products 6,500 46,022
Hithink RoyalFlush Information Network Co. Ltd. Capital Markets 600 11,450
Hopson Development Holdings Ltd. Real Estate Management & Development 8,000 20,387
Hualan Biological Engineering Inc. Biotechnology 2,100 13,654
Huaxia Bank Co. Ltd., A Banks 8,400 8,081
Huaxin Cement Co. Ltd., A Construction Materials 2,000 6,351
Hubei Jumpcan Pharmaceutical Co. Ltd., A Pharmaceuticals 1,200 3,737
Hunan Valin Steel Co. Ltd. Metals & Mining 7,200 5,297
Industrial and Commercial Bank of China Ltd. Banks 14,000 10,753
Industrial and Commercial Bank of China Ltd., H Banks 348,000 225,751
Inner Mongolia Junzheng Energy & Chemical Industry Group Co.      
Ltd., A Chemicals 9,200 7,010
Inner Mongolia Yili Industrial Group Co. Ltd., A Food Products 6,000 40,978
Intco Medical Technology Co. Ltd. Health Care Equipment & Supplies 400 10,353
Jafron Biomedical Co. Ltd., A Health Care Equipment & Supplies 870 9,082
Jason Furniture Hangzhou Co. Ltd., A Household Durables 400 4,341
Jiangsu Expressway Co. Ltd., H Transportation Infrastructure 29,000 32,426
Jiangsu Hengli Hydraulic Co. Ltd., A Machinery 800 13,915
Jiangsu Yanghe Brewery JST Co. Ltd., A Beverages 1,500 54,487
Jiangsu Yangnong Chemical Co. Ltd., A Chemicals 400 8,127
Jiangsu Zhongtian Technology Co. Ltd., A Electrical Equipment 2,800 4,672
Jiangxi Zhengbang Technology Co. Ltd., A Food Products 2,400 6,295
Juewei Food Co. Ltd., A Food Products 800 9,548
Kweichow Moutai Co. Ltd., A Beverages 840 258,336
Lee & Man Paper Manufacturing Ltd. Paper & Forest Products 32,000 26,206
Lomon Billions Group Co. Ltd. Chemicals 2,000 9,473

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
  Semiconductors & Semiconductor    
LONGi Green Energy Technology Co. Ltd., A Equipment 2,400 34,061
Luenmei Quantum Co. Ltd., A Water Utilities 1,600 2,795
Luzhou Laojiao Co. Ltd., A Beverages 1,800 62,661
Muyuan Foods Co. Ltd. Food Products 4,400 52,218
NanJi E-Commerce Co. Ltd. Media 2,400 5,054
NetEase Inc., ADR Entertainment 2,588 247,853
New Hope Liuhe Co. Ltd. Food Products 4,000 13,792
Nine Dragons Paper Holdings Ltd. Paper & Forest Products 37,000 52,490
Offcn Education Technology Co. Ltd., A Diversified Consumer Services 1,600 8,652
Ovctek China, Inc., A Health Care Equipment & Supplies 850 10,718
Perfect World Co. Ltd. Entertainment 1,600 7,265
PICC Property and Casualty Co. Ltd., H Insurance 72,000 54,507
Postal Savings Bank of China Co. Ltd., H Banks 164,000 92,640
RiseSun Real Estate Development Co. Ltd. Real Estate Management & Development 4,800 4,825
SAIC Motor Corp Ltd Automobiles 8,000 30,096
Sany Heavy Industry Co. Ltd., A Machinery 9,300 50,074
Seazen Group Ltd. Real Estate Management & Development 24,000 19,964
Seazen Holdings Co. Ltd., A Real Estate Management & Development 2,400 12,867
Shaanxi Coal Industry Co. Ltd. Oil, Gas & Consumable Fuels 11,300 16,246
Shandong Buchang Pharmaceuticals Co. Ltd., A Pharmaceuticals 1,600 5,682
Shandong Hualu Hengsheng Chemical Co. Ltd., A Chemicals 2,000 11,483
Shandong Sun Paper Industry JSC Ltd. Paper & Forest Products 2,400 5,331
Shanghai M&G Stationery Inc., A Commercial Services & Supplies 800 10,905
Shanxi Lu'an Environmental Energy Development Co. Ltd., A Oil, Gas & Consumable Fuels 3,200 3,202
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., A Beverages 600 34,660
  Electronic Equipment, Instruments &    
Shengyi Technology Co. Ltd., A Components 2,000 8,669
  Semiconductors & Semiconductor    
Shenzhen Goodix Technology Co. Ltd., A Equipment 600 14,366
Shenzhen International Holdings Ltd. Transportation Infrastructure 14,000 22,606
Shenzhen Investment Ltd. Real Estate Management & Development 32,000 10,978
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., A Health Care Equipment & Supplies 1,173 76,916
Shenzhen Salubris Pharmaceuticals Co. Ltd. Pharmaceuticals 1,200 5,233
  Independent Power and Renewable    
Sichuan Chuantou Energy Co Ltd., A Electricity Producers 4,400 6,807
Sichuan Swellfun Co. Ltd., A Beverages 400 5,112
Suofeiya Home Collection Co. Ltd. Household Durables 400 1,595
Tangshan Jidong Cement Co. Ltd. Construction Materials 1,200 2,614
The People's Insurance Co. Group of China Ltd., H Insurance 92,000 29,188
Toly Bread Co. Ltd., A Food Products 800 7,278
Tonghua Dongbao Pharmaceutical Co. Ltd. Pharmaceuticals 1,200 2,471
Tongkun Group Co. Ltd., A Chemicals 1,600 5,071
c Topchoice Medical Investment Corp., A Health Care Providers & Services 300 12,769
c Vipshop Holdings Ltd., ADR Internet & Direct Marketing Retail 4,660 130,993
Wanhua Chemical Group Co. Ltd., A Chemicals 3,600 50,448
Want Want China Holdings Ltd. Food Products 52,000 37,623
Weifu High-Technology Group Co. Ltd., A Auto Components 1,200 4,283
Weihai Guangwei Composites Co. Ltd., A Chemicals 400 5,483
Wens Foodstuffs Group Co. Ltd. Food Products 8,400 23,571
Wuhu Sanqi Interactive Entertainment NetworkTechnology Group Co.      
Ltd. Entertainment 3,200 15,383
Wuliangye Yibin Co. Ltd., A Beverages 4,400 197,662
Xiamen C & D Inc., A Trading Companies & Distributors 2,000 2,527
a Yadea Group Holdings Ltd., Reg S Automobiles 12,000 24,793
Yanzhou Coal Mining Co. Ltd., A Oil, Gas & Consumable Fuels 2,400 3,720
Yanzhou Coal Mining Co. Ltd., H Oil, Gas & Consumable Fuels 32,000 25,587
Yealink Network Technology Corp. Ltd. Communications Equipment 1,000 11,255
Yihai International Holding Ltd. Food Products 8,000 118,651
Yuexiu Property Co. Ltd. Real Estate Management & Development 136,000 27,362
Yunda Holding Co. Ltd. Air Freight & Logistics 2,650 6,404
Zhejiang Longsheng Group Co. Ltd., A Chemicals 2,000 4,193
Zhejiang NHU Co. Ltd. Pharmaceuticals 2,400 12,442
Zhejiang Semir Garment Co. Ltd. Textiles, Apparel & Luxury Goods 2,400 3,702

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Zhejiang Supor Co. Ltd. Household Durables 800 9,604
Zhejiang Weixing New Building Materials Co. Ltd. Building Products 2,000 5,757
Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., A Pharmaceuticals 400 4,722
Zhengzhou Yutong Bus Co. Ltd., A Machinery 1,200 3,125
ZTO Express Cayman Inc., ADR Air Freight & Logistics 5,820 169,711
      6,644,723
Colombia 0.3%      
Ecopetrol SA Oil, Gas & Consumable Fuels 104,984 68,905
Egypt 0.2%      
Eastern Co. SAE Tobacco 31,920 26,461
ElSewedy Electric Co. Electrical Equipment 21,208 13,227
      39,688
Greece 0.3%      
Hellenic Telecommunications Organization SA Diversified Telecommunication Services 2,588 41,735
JUMBO SA Specialty Retail 1,148 19,960
      61,695
Hong Kong 0.4%      
  Electronic Equipment, Instruments &    
Kingboard Laminates Holdings Ltd. Components 22,000 35,920
The Wharf Holdings Ltd. Real Estate Management & Development 24,000 64,536
      100,456
India 12.8%      
Asian Paints Ltd. Chemicals 6,116 231,398
Bajaj Auto Ltd. Automobiles 1,768 83,335
Bharti Infratel Ltd. Diversified Telecommunication Services 7,908 24,882
Britannia Industries Ltd. Food Products 1,908 93,389
Coal India Ltd. Oil, Gas & Consumable Fuels 39,668 73,535
Colgate-Palmolive (India) Ltd. Personal Products 2,380 50,984
Container Corp. of India Ltd. Road & Rail 2,788 15,236
Dabur India Ltd. Personal Products 11,236 82,116
Eicher Motors Ltd. Automobiles 2,836 98,233
GAIL India Ltd. Gas Utilities 37,640 63,491
HCL Technologies Ltd. IT Services 20,264 262,398
a,b HDFC Asset Management Co. Ltd., 144A, Reg S Capital Markets 1,172 46,805
Hero Motocorp Ltd. Automobiles 2,620 111,516
Hindustan Petroleum Corp. Ltd. Oil, Gas & Consumable Fuels 16,028 47,798
Hindustan Unilever Ltd. Household Products 7,744 253,874
Indraprastha Gas Ltd. Gas Utilities 4,184 28,766
Infosys Ltd. IT Services 14,860 255,396
IPCA Laboratories Ltd. Pharmaceuticals 708 21,209
ITC Ltd. Tobacco 79,600 227,685
a Larsen & Toubro Infotech Ltd., Reg S IT Services 556 27,847
Marico Ltd. Personal Products 11,736 64,673
Nestle India Ltd. Food Products 768 193,297
Oil & Natural Gas Corp. Ltd. Oil, Gas & Consumable Fuels 54,428 69,313
Page Industries Ltd. Textiles, Apparel & Luxury Goods 128 48,368
Petronet LNG Ltd. Oil, Gas & Consumable Fuels 13,856 46,953
Pidilite Industries Ltd. Chemicals 2,976 71,914
REC Ltd. Diversified Financial Services 15,020 27,525
Tata Consultancy Services Ltd. IT Services 6,280 246,047
Tech Mahindra Ltd. IT Services 11,356 151,253
      3,019,236
Indonesia 2.3%      
Adaro Energy Tbk PT Oil, Gas & Consumable Fuels 328,800 33,465
c Gudang Garam Tbk PT Tobacco 10,000 29,182
Indofood CBP Sukses Makmur Tbk PT Food Products 48,800 33,257
Indofood Sukses Makmur Tbk PT Food Products 47,200 23,012
Perusahaan Perseroan (Persero) PT TelekomunikasiIndonesia Tbk,      
B Diversified Telecommunication Services 986,800 232,477
Unilever Indonesia Tbk PT Household Products 216,000 112,996

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
United Tractors Tbk PT Oil, Gas & Consumable Fuels 41,600 78,759
      543,148
Kuwait 0.2%      
Mobile Telecommunications Co. KSCP Wireless Telecommunication Services 23,644 47,101
Malaysia 2.4%      
AMMB Holdings Bhd. Banks 17,600 15,970
Digi.com Bhd. Wireless Telecommunication Services 80,000 82,337
Hartalega Holdings Bhd. Health Care Equipment & Supplies 41,600 125,550
Kossan Rubber Industries Health Care Equipment & Supplies 14,800 16,557
Nestle (Malaysia) Bhd. Food Products 2,000 69,062
Petronas Dagangan Bhd. Oil, Gas & Consumable Fuels 4,800 25,536
Petronas Gas Bhd. Gas Utilities 16,400 70,044
c Supermax Corp. Bhd Health Care Equipment & Supplies 20,462 30,572
Top Glove Corp. Bhd. Health Care Equipment & Supplies 78,000 118,672
Westports Holdings Bhd. Transportation Infrastructure 20,000 21,380
      575,680
Mexico 2.4%      
  Equity Real Estate Investment Trusts    
Fibra Uno Administracion SA de CV (REITs) 59,936 67,680
Grupo Mexico SAB de CV, B Metals & Mining 45,788 193,305
Kimberly-Clark de Mexico SAB de CV, A Household Products 38,568 65,791
Megacable Holdings SAB de CV Media 6,520 23,782
Wal-Mart de Mexico SAB de CV, V Food & Staples Retailing 78,452 220,408
      570,966
Pakistan 0.1%      
MCB Bank Ltd. Banks 9,365 10,858
Oil & Gas Development Co. Ltd. Oil, Gas & Consumable Fuels 19,360 12,572
      23,430
Philippines 0.5%      
Globe Telecom Inc. Wireless Telecommunication Services 840 35,508
Manila Electric Co. Electric Utilities 5,400 32,834
Metro Pacific Investments Corp. Diversified Financial Services 236,000 21,033
PLDT Inc. Wireless Telecommunication Services 1,440 40,180
      129,555
Poland 0.4%      
Polski Koncern Naftowy Orlen SA Oil, Gas & Consumable Fuels 4,588 71,073
Polskie Gornictwo Naftowe i Gazownictwo SA Oil, Gas & Consumable Fuels 18,224 27,106
      98,179
Qatar 1.6%      
Industries Qatar QSC Industrial Conglomerates 40,912 122,141
Masraf Al Rayan QSC Banks 73,004 90,829
Mesaieed Petrochemical Holding Co. Chemicals 84,776 47,662
Qatar Electricity & Water Co. QSC Multi-Utilities 12,488 61,222
Qatar Fuel QSC Oil, Gas & Consumable Fuels 10,072 51,674
      373,528
Russia 10.3%      
Alrosa PJSC Metals & Mining 75,240 100,026
Gazprom PJSC Oil, Gas & Consumable Fuels 91,128 262,045
Inter RAO UES PJSC Electric Utilities 1,120,500 80,480
LUKOIL PJSC Oil, Gas & Consumable Fuels 3,404 237,842
MMC Norilsk Nickel PJSC Metals & Mining 816 261,422
Mobile TeleSystems PJSC, ADR Wireless Telecommunication Services 12,780 114,381
Moscow Exchange MICEX Capital Markets 28,084 60,588
NLMK PJSC Metals & Mining 38,180 107,916
a Novatek PJSC, GDR, Reg S Oil, Gas & Consumable Fuels 12 1,961
a Novatek PJSC, GDR, Reg S Oil, Gas & Consumable Fuels 1,324 216,342
a PhosAgro PJSC, GDR, Reg S Chemicals 3,676 50,141
Polymetal International PLC Metals & Mining 6,060 142,151
Polyus Gold OJSC Metals & Mining 912 187,728
Rosneft PJSC Oil, Gas & Consumable Fuels 25,868 152,205

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Severstal PAO Metals & Mining 7,900 140,495
Surgutneftegas PJSC Oil, Gas & Consumable Fuels 178,340 87,115
Tatneft PAO Oil, Gas & Consumable Fuels 32,840 227,415
      2,430,253
Saudi Arabia 3.5%      
Abdullah Al Othaim Markets Co. Food & Staples Retailing 760 24,877
Advanced Petrochemical Co. Chemicals 2,628 46,934
Al-Rajhi Bank Banks 11,272 221,137
c Bupa Arabia for Cooperative Insurance Co. Insurance 1,032 33,615
Jarir Marketing Co. Specialty Retail 1,544 71,364
Saudi Airlines Catering Co. Hotels, Restaurants & Leisure 936 19,236
Saudi Arabian Fertilizer Co. Chemicals 4,220 90,663
Saudi Cement Co. Construction Materials 1,568 25,704
Saudi Telecom Co. Diversified Telecommunication Services 7,728 218,352
Yanbu National Petrochemical Co. Chemicals 4,964 84,551
      836,433
South Africa 3.5%      
African Rainbow Minerals Ltd. Metals & Mining 1,424 25,391
AngloGold Ashanti Ltd. Metals & Mining 7,144 166,587
Clicks Group Ltd. Food & Staples Retailing 5,728 98,531
Exxaro Resources Ltd. Oil, Gas & Consumable Fuels 7,264 68,690
Impala Platinum Holdings Ltd. Metals & Mining 8,564 117,714
Kumba Iron Ore Ltd. Metals & Mining 2,256 95,655
Mr. Price Group Ltd. Specialty Retail 6,744 78,350
Tiger Brands Ltd. Food Products 3,432 48,641
Vodacom Group Ltd. Wireless Telecommunication Services 16,016 135,630
      835,189
South Korea 7.9%      
BGF Retail Co. Ltd. Food & Staples Retailing 144 17,962
c Coway Co. Ltd. Household Durables 1,168 78,168
Hana Financial Group Inc. Banks 6,812 216,344
Hyundai Marine & Fire Insurance Co. Ltd. Insurance 1,284 26,890
c Industrial Bank of Korea Banks 6,580 53,546
c KB Financial Group Inc. Banks 5,244 209,509
Korea Zinc Co. Ltd. Metals & Mining 152 56,180
c KT&G Corp. Tobacco 2,780 212,665
Kumho Petrochemical Co. Ltd. Chemicals 336 44,850
NCSoft Corp. Entertainment 316 270,824
c Pearl Abyss Corp. Entertainment 124 29,713
S-1 Corp. Commercial Services & Supplies 360 28,169
Samsung Card Co. Ltd. Consumer Finance 585 17,502
  Technology Hardware, Storage &    
Samsung Electronics Co. Ltd. Peripherals 3,236 241,292
Seegene Inc Biotechnology 216 38,376
c Shinhan Financial Group Co. Ltd. Banks 7,352 216,912
c Woori Financial Group Inc. Banks 11,232 100,605
      1,859,507
Taiwan 11.6%      
Accton Technology Corp. Communications Equipment 11,260 126,634
  Technology Hardware, Storage &    
Advantech Co. Ltd. Peripherals 7,435 92,613
Asia Cement Corp. Construction Materials 36,000 55,349
  Semiconductors & Semiconductor    
ASMedia Technology Inc. Equipment 320 17,880
  Technology Hardware, Storage &    
Asustek Computer Inc. Peripherals 12,000 106,983
  Technology Hardware, Storage &    
Catcher Technology Co. Ltd. Peripherals 14,280 104,694
  Technology Hardware, Storage &    
Chicony Electronics Co. Ltd. Peripherals 15,860 48,656
Chunghwa Telecom Co. Ltd. Diversified Telecommunication Services 57,880 224,533
Eclat Textile Co. Ltd. Textiles, Apparel & Luxury Goods 3,800 57,139

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Far EasTone Telecommunications Co. Ltd. Wireless Telecommunication Services 33,000 71,877
Feng Tay Enterprise Co. Ltd. Textiles, Apparel & Luxury Goods 9,076 64,441
  Semiconductors & Semiconductor    
Globalwafers Co. Ltd. Equipment 4,980 125,484
  Electronic Equipment, Instruments &    
Largan Precision Co. Ltd. Components 1,760 200,128
  Technology Hardware, Storage &    
Lite-On Technology Corp. Peripherals 44,000 77,984
  Technology Hardware, Storage &    
Micro-Star International Co. Ltd. Peripherals 12,000 56,588
Nien Made Enterprise Co. Ltd. Household Durables 4,500 52,210
  Semiconductors & Semiconductor    
Novatek Microelectronics Corp. Ltd. Equipment 13,680 179,654
  Technology Hardware, Storage &    
Pegatron Corp. Peripherals 22,000 52,694
  Semiconductors & Semiconductor    
Powertech Technology Inc. Equipment 14,600 49,311
Ruentex Development Co. Ltd. Real Estate Management & Development 14,000 20,379
Standard Foods Corp. Food Products 9,690 21,140
  Electronic Equipment, Instruments &    
Synnex Technology International Corp. Components 24,000 40,145
Taiwan Cement Corp. Construction Materials 92,201 141,757
Taiwan Mobile Co. Ltd. Wireless Telecommunication Services 37,400 131,641
  Semiconductors & Semiconductor    
Taiwan Semiconductor Manufacturing Co. Ltd. Equipment 12,680 239,177
  Semiconductors & Semiconductor    
United Microelectronics Corp. Equipment 120,000 201,367
  Semiconductors & Semiconductor    
Vanguard International Semiconductor Corp. Equipment 20,000 82,568
  Electronic Equipment, Instruments &    
Walsin Technology Corp. Components 6,400 52,502
  Technology Hardware, Storage &    
Wiwynn Corp. Peripherals 1,280 32,071
      2,727,599
Thailand 1.7%      
Advanced Info Service PCL Wireless Telecommunication Services 31,600 185,634
Bumrungrad Hospital PCL Health Care Providers & Services 9,600 38,451
Home Product Center PCL,, NVDR Specialty Retail 98,000 44,813
Intouch Holdings PCL Wireless Telecommunication Services 60,000 112,650
Krung Thai Bank PCL Banks 39,200 14,524
Osotspa PCL, NVDR Beverages 13,600 16,115
      412,187
Turkey 1.6%      
Aselsan Elektronik Sanayi Ve Ticaret AS Aerospace & Defense 10,948 26,882
BIM Birlesik Magazalar AS Food & Staples Retailing 11,456 116,371
Eregli Demir ve Celik Fabrikalari AS Metals & Mining 37,112 74,548
Ford Otomotiv Sanayi AS Automobiles 2,012 34,109
Haci Omer Sabanci Holding AS Diversified Financial Services 15,912 24,534
Turkcell Iletisim Hizmetleri AS Wireless Telecommunication Services 28,604 61,961
c Turkiye Is Bankasi AS, C Banks 34,136 32,150
      370,555
United Arab Emirates 1.3%      
Aldar Properties PJSC Real Estate Management & Development 78,608 67,412
Dubai Islamic Bank PJSC Banks 37,700 47,316
Emirates Telecommunications Group Co. PJSC Diversified Telecommunication Services 40,660 187,075
      301,803
Total Common Stocks (Cost $20,219,927)     23,141,976
Preferred Stocks 1.9%      
Brazil 1.1%      
e Companhia Paranaense de Energia, 4.137%, pfd., B Electric Utilities 1,200 17,313

 

 

FRANKLIN TEMPLETON ETF TRUST          
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
 
e Itausa SA, 3.402%, pfd. Banks 106,000   239,379  
        256,692  
Chile 0.0%†          
e Embotelladora Andina SA, 6.050%, pfd., B Beverages 3,620   9,319  
Russia 0.5%          
e Surgutneftegas PJSC, 2.469%, pfd. Oil, Gas & Consumable Fuels 209,548   118,522  
South Korea 0.3%          
e LG Household & Health Care Ltd., 1.539%, pfd. Personal Products 32   21,150  
  Technology Hardware, Storage &        
e Samsung Electronics Co. Ltd., 1.443%, pfd. Peripherals 592   40,110  
        61,260  
Total Preferred Stocks (Cost $376,675)       445,793  
Total Investments before Short Term Investments (Cost $20,596,602)     23,587,769  
Short Term Investments (Cost $48,375) 0.2%          
Investments from Cash Collateral Received for Loaned Securities 0.2%        
United States 0.2%          
f,g Institutional Fiduciary Trust Portfolio, 0.00% Money Market Funds 48,375   48,375  
Total Investments (Cost $20,644,977) 100.1%       23,636,144  
Other Assets, less Liabilities (0.1)%       (34,960 )
Net Assets 100.0%     $ 23,601,184  

 

+Rounds to less than 0.1% of net assets.

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. At December 31, 2020, the aggregate value of these securities was $410,046, representing 1.7% 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. At December 31, 2020, the aggregate value of these securities was $88,962, representing 0.4% of net assets.

cNon-income producing.

dA portion or all of the security is on loan at December 31, 2020.

eVariable rate security. The rate shown represents the yield at period end.

fSee Note 5 regarding investments in affiliated management investment companies.

gThe rate shown is the annualized seven-day effective yield at 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, December 31, 2020 (unaudited)      
 
 
Franklin LibertyQ Global Dividend ETF Industry Shares   Value
Common Stocks 97.6%        
Australia 5.2%        
Australian Stock Exchange Ltd. Capital Markets 3,464 $ 192,456
Commonwealth Bank of Australia Banks 8,568   542,870
Macquarie Group Ltd. Capital Markets 4,776   510,354
Sonic Healthcare Ltd. Health Care Providers & Services 3,104   77,006
        1,322,686
Belgium 0.2%        
Proximus SADP Diversified Telecommunication Services 2,260   44,824
Canada 6.2%        
Canadian Imperial Bank of Commerce Banks 4,804   409,961
IGM Financial Inc. Capital Markets 1,748   47,350
Royal Bank of Canada Banks 6,112   501,769
TELUS Corp. Diversified Telecommunication Services 4,280   84,693
The Toronto-Dominion Bank Banks 9,316   525,908
        1,569,681
China 1.3%        
China Vanke Co. Ltd., A Real Estate Management & Development 7,600   33,574
China Vanke Co. Ltd., H Real Estate Management & Development 22,800   78,658
Far East Horizon Ltd. Diversified Financial Services 29,000   29,883
Hubei Jumpcan Pharmaceutical Co. Ltd., A Pharmaceuticals 400   1,246
a,b Longfor Group Holdings Ltd., 144A, Reg S Real Estate Management & Development 30,000   175,655
        319,016
Denmark 0.3%        
Tryg AS Insurance 2,588   81,722
Finland 3.0%        
Elisa OYJ Diversified Telecommunication Services 2,268   124,515
Kone OYJ, B Machinery 5,504   447,569
Orion OYJ Pharmaceuticals 1,236   56,757
UPM-Kymmene OYJ Paper & Forest Products 3,520   131,231
        760,072
Germany 2.5%        
Allianz SE Insurance 2,060   505,867
Hannover Rueck SE Insurance 844   134,558
        640,425
Hong Kong 0.1%        
Sino Land Co. Ltd. Real Estate Management & Development 26,000   33,867
Indonesia 0.4%        
Bank Rakyat Indonesia Persero Tbk PT Banks 358,000   106,253
Japan 8.4%        
Daito Trust Construction Co. Ltd. Real Estate Management & Development 1,900   177,403
Japan Tobacco Inc. Tobacco 8,000   162,875
KDDI Corp. Wireless Telecommunication Services 16,400   487,020
Lawson Inc. Food & Staples Retailing 560   26,062
MS&AD Insurance Group Holdings Inc. Insurance 5,900   179,494
Nippon Telegraph & Telephone Corp. Diversified Telecommunication Services 9,300   238,299
Nomura Real Estate Holdings Inc. Real Estate Management & Development 1,200   26,535
ORIX Corp. Diversified Financial Services 20,100   308,475
Sekisui House Ltd. Household Durables 7,300   148,482

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Tokio Marine Holdings Inc. Insurance 7,100 365,023
      2,119,668
Macau 0.9%      
Sands China Ltd. Hotels, Restaurants & Leisure 50,000 219,568
Malaysia 0.1%      
Petronas Gas Bhd. Gas Utilities 5,200 22,209
Mexico 0.2%      
Grupo Aeroportuario del Pacifico SAB de CV Transportation Infrastructure 4,284 47,760
New Zealand 0.5%      
Spark New Zealand Ltd. Diversified Telecommunication Services 36,136 122,284
Norway 0.2%      
Orkla ASA Food Products 5,476 55,643
Philippines 0.1%      
Globe Telecom Inc. Wireless Telecommunication Services 340 14,372
Qatar 1.9%      
Masraf Al Rayan QSC Banks 50,924 63,358
Qatar International Islamic Bank QSC Banks 5,640 14,022
Qatar Islamic Bank SAQ Banks 16,904 79,436
Qatar National Bank SAQ Banks 67,812 332,076
      488,892
Russia 0.8%      
Polymetal International PLC Metals & Mining 1,912 44,850
Tatneft PAO Oil, Gas & Consumable Fuels 21,328 147,696
      192,546
Saudi Arabia 1.8%      
Al-Rajhi Bank Banks 10,788 211,642
Jarir Marketing Co. Specialty Retail 968 44,742
National Commercial Bank Banks 16,744 193,478
      449,862
Singapore 2.4%      
DBS Group Holdings Ltd. Banks 18,100 342,923
Singapore Telecommunications Ltd. Diversified Telecommunication Services 117,200 204,844
  Electronic Equipment, Instruments &    
Venture Corp. Ltd. Components 4,000 58,775
      606,542
South Africa 0.3%      
Mr. Price Group Ltd. Specialty Retail 5,040 58,553
Rand Merchant Investment Holdings Ltd. Insurance 9,728 21,226
      79,779
South Korea 0.2%      
Coway Co. Ltd. Household Durables 608 40,690
Spain 0.4%      
Red Electrica Corp. SA Electric Utilities 4,744 97,371
Switzerland 7.6%      
Novartis AG Pharmaceuticals 5,616 531,454
Roche Holding AG Pharmaceuticals 1,432 500,580
SGS SA Professional Services 98 296,012
Swisscom AG Diversified Telecommunication Services 168 90,676
Zurich Insurance Group AG Insurance 1,188 501,972
      1,920,694
Taiwan 2.8%      
Chailease Holding Co. Ltd. Diversified Financial Services 18,100 108,221
Standard Foods Corp. Food Products 3,000 6,545
  Semiconductors & Semiconductor    
Taiwan Semiconductor Manufacturing Co. Ltd. Equipment 28,000 528,151

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
  Semiconductors & Semiconductor      
Vanguard International Semiconductor Corp. Equipment 14,000   57,798
        700,715
Turkey 0.1%        
Ford Otomotiv Sanayi AS Automobiles 1,140   19,326
United Arab Emirates 0.2%        
Emirates Telecommunications Group Co. PJSC Diversified Telecommunication Services 12,336   56,757
United Kingdom 8.0%        
GlaxoSmithKline PLC Pharmaceuticals 26,644   488,770
Legal & General Group PLC Insurance 79,216   288,253
Schroders PLC Capital Markets 1,668   76,086
Smiths Group PLC Industrial Conglomerates 4,816   99,045
St. James's Place Capital PLC Capital Markets 6,456   100,031
Unilever PLC Personal Products 16,232   974,511
        2,026,696
United States 41.5%        
Altria Group Inc. Tobacco 12,128   497,248
Cisco Systems Inc. Communications Equipment 11,788   527,513
Cummins Inc. Machinery 2,088   474,185
Eaton Corp. PLC Electrical Equipment 2,744   329,664
Emerson Electric Co. Electrical Equipment 6,336   509,224
Fidelity National Financial Inc. Insurance 2,996   117,114
Garmin Ltd. Household Durables 2,668   319,253
Gilead Sciences Inc. Biotechnology 8,000   466,080
International Business Machines Corp. IT Services 4,172   525,171
Johnson & Johnson Pharmaceuticals 3,304   519,983
Kimberly-Clark Corp. Household Products 3,452   465,433
Las Vegas Sands Corp. Hotels, Restaurants & Leisure 4,716   281,074
LyondellBasell Industries NV, A Chemicals 4,316   395,605
  Semiconductors & Semiconductor      
Maxim Integrated Products Inc. Equipment 5,900   523,035
Merck & Co. Inc. Pharmaceuticals 6,072   496,690
Nucor Corp. Metals & Mining 2,256   119,997
Packaging Corp. of America Containers & Packaging 1,108   152,804
Paychex Inc. IT Services 5,296   493,481
Philip Morris International Inc. Tobacco 6,288   520,583
  Semiconductors & Semiconductor      
QUALCOMM Inc. Equipment 3,312   504,550
  Technology Hardware, Storage &      
Seagate Technology PLC Peripherals 4,232   263,061
Target Corp. Multiline Retail 2,928   516,880
The Coca-Cola Co. Beverages 9,260   507,818
The Procter & Gamble Co. Household Products 3,484   484,764
United Parcel Service Inc., B Air Freight & Logistics 2,892   487,013
        10,498,223
Total Common Stocks (Cost $22,600,890)       24,658,143
Preferred Stocks (Cost $451,400) 1.9%        
Brazil 1.9%        
c Itau Unibanco Holding SA, 4.123%, pfd. Banks 78,600   478,634
 
Total Investments (Cost $23,052,290) 99.5%       25,136,777
 
Other Assets, less Liabilities 0.5%       130,439
Net Assets 100.0%     $ 25,267,216

 

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. At December 31, 2020, the value of this security was $175,655, representing 0.7% of net assets. 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. At December 31, 2020, the value of this security was $175,655, representing 0.7% of net assets.

 

FRANKLIN TEMPLETON ETF TRUST              
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
 
cVariable rate security. The rate shown represents the yield at period end.            
 
 
 
 
At December 31, 2020, 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)
Index Contracts              
MSCI All Country World Index Long 2 $ 65,650 3/19/21 $ 1,265
 
*As of period end.              

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin LibertyQ Global Equity ETF Industry Shares   Value
Common Stocks and Other Equity Interests 97.8%        
Australia 5.0%        
AGL Energy Ltd. Multi-Utilities 822 $ 7,580
Aurizon Holdings Ltd. Road & Rail 2,360   7,102
BHP Group Ltd. Metals & Mining 3,776   123,630
Brambles Ltd. Commercial Services & Supplies 1,742   14,249
a Cimic Group Ltd. Construction & Engineering 76   1,429
Coca-Cola Amatil Ltd. Beverages 504   5,029
Coles Group Ltd. Food & Staples Retailing 1,498   20,969
CSL Ltd. Biotechnology 548   119,747
Evolution Mining Ltd. Metals & Mining 1,606   6,184
Fortescue Metals Group Ltd. Metals & Mining 3,426   61,941
Magellan Financial Group Ltd. Capital Markets 144   5,963
Medibank Private Ltd. Insurance 4,082   9,481
Newcrest Mining Ltd. Metals & Mining 718   14,283
Northern Star Resources Ltd. Metals & Mining 648   6,345
REA Group Ltd. Interactive Media & Services 62   7,122
Rio Tinto Ltd. Metals & Mining 584   51,297
Rio Tinto PLC Metals & Mining 1,698   126,963
Sonic Healthcare Ltd. Health Care Providers & Services 456   11,313
Telstra Corp. Ltd. Diversified Telecommunication Services 5,156   11,856
Washington H. Soul Pattinson & Co. Ltd. Oil, Gas & Consumable Fuels 42   975
Wesfarmers Ltd. Multiline Retail 1,522   59,192
Woolworths Group Ltd. Food & Staples Retailing 1,448   43,923
        716,573
Austria 0.0%†        
OMV AG Oil, Gas & Consumable Fuels 44   1,777
Belgium 0.1%        
Colruyt SA Food & Staples Retailing 72   4,270
Proximus SADP Diversified Telecommunication Services 180   3,570
        7,840
Brazil 0.7%        
Ambev SA Beverages 4,400   13,257
BB Seguridade Participacoes SA Insurance 1,200   6,845
  Independent Power and Renewable      
Engie Brasil Energia SA Electricity Producers 200   1,692
Hypera SA Pharmaceuticals 400   2,638
Telefonica Brasil SA Diversified Telecommunication Services 600   5,371
TIM SA Wireless Telecommunication Services 1,200   3,385
Vale SA Metals & Mining 3,600   60,610
        93,798
Canada 2.4%        
Algonquin Power & Utilities Corp. Multi-Utilities 440   7,235
Alimentation Couche-Tard Inc., B Food & Staples Retailing 444   15,118
B2Gold Corp. Metals & Mining 1,056   5,910
BCE Inc. Diversified Telecommunication Services 186   7,947
  Equity Real Estate Investment Trusts      
Canadian Apartment Properties REIT (REITs) 80   3,139
Canadian National Railway Co. Road & Rail 766   84,140
a CGI Inc., A IT Services 230   18,232
CI Financial Corp. Capital Markets 250   3,097
Constellation Software Inc. Software 24   31,138
Dollarama Inc. Multiline Retail 166   6,760
Empire Co. Ltd., A Food & Staples Retailing 156   4,260
Franco-Nevada Corp. Metals & Mining 198   24,804
Hydro One Ltd. Electric Utilities 280   6,297
IGM Financial Inc. Capital Markets 70   1,896
Keyera Corp. Oil, Gas & Consumable Fuels 152   2,699
Kirkland Lake Gold Ltd. Metals & Mining 334   13,790

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Magna International Inc. Auto Components 332 23,482
Metro Inc., A Food & Staples Retailing 284 12,662
Power Corp. of Canada Insurance 500 11,472
Quebecor Inc., B Media 154 3,960
  Equity Real Estate Investment Trusts    
RioCan Real Estate Investment Trust (REITs) 168 2,209
Rogers Communications Inc., B Wireless Telecommunication Services 346 16,094
Saputo Inc. Food Products 224 6,265
Shaw Communications Inc. Media 376 6,593
TELUS Corp. Diversified Telecommunication Services 416 8,232
a Topicus.com Inc. Software 44 166
Wheaton Precious Metals Corp. Metals & Mining 420 17,525
      345,122
Chile 0.1%      
  Independent Power and Renewable    
Colbun SA Electricity Producers 10,188 1,800
Compania Cervecerias Unidas SA Beverages 138 1,019
Enel Americas SA Electric Utilities 33,256 5,430
Enel Chile SA Electric Utilities 32,890 2,555
      10,804
China 4.0%      
A-Living Services Co. Ltd., H Commercial Services & Supplies 500 2,218
Agricultural Bank of China Ltd., A Banks 1,000 483
Agricultural Bank of China Ltd., H Banks 36,000 13,186
Anhui Conch Cement Co. Ltd., A Construction Materials 400 3,178
Anhui Conch Cement Co. Ltd., H Construction Materials 1,670 10,457
Bank of Beijing Co. Ltd., A Banks 600 447
Bank of China Ltd., A Banks 3,200 1,566
Bank of China Ltd., H Banks 104,000 35,544
Bank of Communications Co. Ltd., A Banks 2,000 1,379
Bank of Communications Co. Ltd., H Banks 10,000 5,288
Baoshan Iron & Steel Co. Ltd., A Metals & Mining 1,200 1,099
Beijing Enterprises Holdings Ltd. Gas Utilities 1,000 3,263
Brilliance China Automotive Holdings Ltd. Automobiles 4,000 3,642
China Cinda Asset Management Co. Ltd., H Capital Markets 12,000 2,275
China CITIC Bank Corp. Ltd., H Banks 10,000 4,243
China Conch Venture Holdings Ltd. Construction & Engineering 2,000 9,724
China Construction Bank Corp., H Banks 100,000 75,962
China Everbright Bank Co. Ltd., A Banks 800 491
China Everbright Bank Co. Ltd., H Banks 6,000 2,283
b,c China Feihe Ltd., 144A, Reg S Food Products 2,000 4,684
China Hongqiao Group Ltd. Metals & Mining 2,000 1,831
China Medical System Holdings Ltd. Pharmaceuticals 2,000 2,234
China Minsheng Banking Corp. Ltd., A Banks 600 480
China Minsheng Banking Corp. Ltd., H Banks 8,000 4,560
China Mobile Ltd. Wireless Telecommunication Services 7,840 44,691
China National Building Material Co. Ltd., H Construction Materials 2,000 2,404
China Pacific Insurance Group Co. Ltd., A Insurance 200 1,182
China Pacific Insurance Group Co. Ltd., H Insurance 2,000 7,828
China Petroleum & Chemical Corp., A Oil, Gas & Consumable Fuels 2,000 1,241
China Railway Group Ltd., H Construction & Engineering 2,000 882
China Resources Cement Holdings Ltd. Construction Materials 4,000 4,468
China Shenhua Energy Co. Ltd., A Oil, Gas & Consumable Fuels 800 2,218
China Shenhua Energy Co. Ltd., H Oil, Gas & Consumable Fuels 5,000 9,415
China Taiping Insurance Holdings Co. Ltd. Insurance 400 721
China Telecom Corp. Ltd., H Diversified Telecommunication Services 12,000 3,327
  Independent Power and Renewable    
China Yangtze Power Co. Ltd., A Electricity Producers 1,200 3,539
Chongqing Rural Commercial Bank Co. Ltd., H Banks 2,000 815
CNOOC Ltd. Oil, Gas & Consumable Fuels 18,000 16,668
Country Garden Services Holdings Co. Ltd. Commercial Services & Supplies 1,000 6,764
Dali Foods Group Co. Ltd. Food Products 3,000 1,714
Daqin Railway Co. Ltd., A Road & Rail 2,800 2,784

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Dongfeng Motor Group Co. Ltd., H Automobiles 4,000 4,664
East Money Information Co. Ltd. Capital Markets 400 1,909
Far East Horizon Ltd. Diversified Financial Services 4,000 4,122
Focus Media Information Technology Co. Ltd. Media 460 699
Foshan Haitian Flavouring & Food Co. Ltd. Food Products 240 7,408
Fuyao Glass Industry Group Co. Ltd., A Auto Components 400 2,958
Great Wall Motor Co. Ltd., H Automobiles 2,000 6,861
a GSX Techedu Inc., ADR Diversified Consumer Services 64 3,309
Guangdong Investment Ltd. Water Utilities 4,000 7,202
Guangzhou R&F Properties Co. Ltd., H Real Estate Management & Development 1,600 2,057
Henan Shuanghui Investment & Development Co. Ltd. Food Products 200 1,445
Hualan Biological Engineering Inc. Biotechnology 400 2,601
Industrial and Commercial Bank of China Ltd. Banks 3,200 2,458
Industrial and Commercial Bank of China Ltd., H Banks 66,000 42,815
Inner Mongolia Yili Industrial Group Co. Ltd., A Food Products 400 2,732
Jiangsu Expressway Co. Ltd., H Transportation Infrastructure 2,000 2,236
Jiangsu Hengli Hydraulic Co. Ltd., A Machinery 200 3,479
Jiangsu Yanghe Brewery JST Co. Ltd., A Beverages 200 7,265
  Electronic Equipment, Instruments &    
Kingboard Holdings Ltd. Components 1,000 4,217
Kweichow Moutai Co. Ltd., A Beverages 67 20,605
Lee & Man Paper Manufacturing Ltd. Paper & Forest Products 2,000 1,638
b,c Longfor Group Holdings Ltd., 144A, Reg S Real Estate Management & Development 2,000 11,710
  Semiconductors & Semiconductor    
LONGi Green Energy Technology Co. Ltd., A Equipment 200 2,838
Luzhou Laojiao Co. Ltd., A Beverages 100 3,481
Muyuan Foods Co. Ltd. Food Products 170 2,018
NetEase Inc., ADR Entertainment 304 29,114
New Hope Liuhe Co. Ltd. Food Products 400 1,379
Nine Dragons Paper Holdings Ltd. Paper & Forest Products 2,000 2,837
PICC Property and Casualty Co. Ltd., H Insurance 4,000 3,028
Postal Savings Bank of China Co. Ltd., H Banks 8,000 4,519
SAIC Motor Corp Ltd Automobiles 400 1,505
Shaanxi Coal Industry Co. Ltd. Oil, Gas & Consumable Fuels 200 288
Shandong Hualu Hengsheng Chemical Co. Ltd., A Chemicals 200 1,148
Shanghai Pharmaceuticals Holding Co. Ltd., H Health Care Providers & Services 400 705
Shanghai Pudong Development Bank Co. Ltd., A Banks 400 596
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., A Beverages 100 5,777
  Semiconductors & Semiconductor    
Shenzhen Goodix Technology Co. Ltd., A Equipment 200 4,789
Shenzhen International Holdings Ltd. Transportation Infrastructure 2,000 3,229
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., A Health Care Equipment & Supplies 100 6,557
Sinotruk Hong Kong Ltd. Machinery 1,000 2,554
The People's Insurance Co. Group of China Ltd., H Insurance 6,000 1,904
a Vipshop Holdings Ltd., ADR Internet & Direct Marketing Retail 234 6,578
Wanhua Chemical Group Co. Ltd., A Chemicals 200 2,803
Want Want China Holdings Ltd. Food Products 4,000 2,894
Wens Foodstuffs Group Co. Ltd. Food Products 720 2,020
Wuhu Sanqi Interactive Entertainment NetworkTechnology Group Co.      
Ltd. Entertainment 400 1,923
Wuliangye Yibin Co. Ltd., A Beverages 300 13,477
Yihai International Holding Ltd. Food Products 600 8,899
Yuexiu Property Co. Ltd. Real Estate Management & Development 8,000 1,610
Zhejiang NHU Co. Ltd. Pharmaceuticals 200 1,037
ZTO Express Cayman Inc., ADR Air Freight & Logistics 284 8,281
      573,356
Colombia 0.0%†      
Ecopetrol SA Oil, Gas & Consumable Fuels 5,884 3,862
Denmark 1.4%      
Coloplast AS, B Health Care Equipment & Supplies 192 29,339
Novo Nordisk AS, B Pharmaceuticals 2,046 143,491
Novozymes AS Chemicals 174 9,996
Pandora AS Textiles, Apparel & Luxury Goods 162 18,135

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Tryg AS Insurance 108 3,410
      204,371
Egypt 0.0%†      
Eastern Co. SAE Tobacco 2,424 2,009
ElSewedy Electric Co. Electrical Equipment 742 463
      2,472
Finland 0.4%      
Elisa OYJ Diversified Telecommunication Services 160 8,784
Kone OYJ, B Machinery 288 23,419
Orion OYJ Pharmaceuticals 138 6,337
UPM-Kymmene OYJ Paper & Forest Products 408 15,211
      53,751
France 0.5%      
Biomerieux Health Care Equipment & Supplies 30 4,236
Hermes International Textiles, Apparel & Luxury Goods 38 40,897
Ipsen SA Pharmaceuticals 14 1,163
  Equity Real Estate Investment Trusts    
Klepierre SA (REITs) 98 2,205
a Peugeot SA Automobiles 682 18,667
Sartorius Stedim Biotech Life Sciences Tools & Services 22 7,838
      75,006
Germany 0.1%      
a HelloFresh SE Internet & Direct Marketing Retail 90 6,960
Hochtief AG Construction & Engineering 16 1,557
Rational AG Machinery 4 3,727
      12,244
Greece 0.0%†      
Hellenic Telecommunications Organization SA Diversified Telecommunication Services 204 3,290
JUMBO SA Specialty Retail 112 1,947
      5,237
Hong Kong 0.6%      
CK Asset Holdings Ltd. Real Estate Management & Development 2,000 10,266
CK Hutchison Holdings Ltd. Industrial Conglomerates 1,000 6,977
HKT Trust and HKT Ltd. Diversified Telecommunication Services 6,000 7,785
Jardine Matheson Holdings Ltd. Industrial Conglomerates 200 11,200
Kingboard Laminates Holdings Ltd. Chemicals 1,000 1,633
Power Assets Holdings Ltd. Electric Utilities 1,000 5,417
Sino Land Co. Ltd. Real Estate Management & Development 2,000 2,605
Sun Hung Kai Properties Ltd. Real Estate Management & Development 1,000 12,897
The Wharf Holdings Ltd. Real Estate Management & Development 2,000 5,378
c WH Group Ltd., Reg S Food Products 5,000 4,191
Wharf Real Estate Investment Co. Ltd. Real Estate Management & Development 1,000 5,204
Xinyi Glass Holdings Ltd. Building Products 2,000 5,584
      79,137
India 0.4%      
Infosys Ltd., ADR IT Services 3,428 58,105
Indonesia 0.2%      
Adaro Energy Tbk PT Oil, Gas & Consumable Fuels 13,000 1,323
a Gudang Garam Tbk PT Tobacco 600 1,751
Indofood CBP Sukses Makmur Tbk PT Food Products 3,000 2,044
Indofood Sukses Makmur Tbk PT Food Products 3,200 1,560
Kalbe Farma Tbk PT Pharmaceuticals 16,600 1,749
Perusahaan Perseroan (Persero) PT TelekomunikasiIndonesia Tbk,      
B Diversified Telecommunication Services 60,600 14,277
Unilever Indonesia Tbk PT Household Products 12,000 6,278
United Tractors Tbk PT Oil, Gas & Consumable Fuels 2,000 3,786
      32,768
Israel 0.2%      
Azrieli Group Ltd. Real Estate Management & Development 28 1,780

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
a Check Point Software Technologies Ltd. Software 156 20,734
ICL Group Ltd. Chemicals 606 3,088
      25,602
Italy 1.0%      
DiaSorin SpA Health Care Equipment & Supplies 26 5,411
Enel SpA Electric Utilities 7,496 75,905
Ferrari NV Automobiles 130 30,007
a Moncler SpA Textiles, Apparel & Luxury Goods 226 13,865
Recordati Industria Chimica e Farmaceutica SpA Pharmaceuticals 130 7,210
Snam SpA Gas Utilities 2,004 11,282
Telecom Italia SpA/Milano, di Risp Diversified Telecommunication Services 4,460 2,313
      145,993
Japan 6.4%      
ABC-Mart Inc. Specialty Retail 50 2,780
  Semiconductors & Semiconductor    
Advantest Corp. Equipment 200 14,974
Astellas Pharma Inc. Pharmaceuticals 2,000 30,878
  Electronic Equipment, Instruments &    
Azbil Corp. Components 100 5,463
Bandai Namco Holdings Inc. Leisure Products 200 17,291
Bridgestone Corp. Auto Components 600 19,666
  Technology Hardware, Storage &    
Brother Industries Ltd. Peripherals 200 4,118
Calbee Inc. Food Products 100 3,012
Capcom Co. Ltd. Entertainment 100 6,489
Chugai Pharmaceutical Co. Ltd. Pharmaceuticals 620 33,046
Daito Trust Construction Co. Ltd. Real Estate Management & Development 100 9,337
  Electronic Equipment, Instruments &    
Hitachi Ltd. Components 800 31,498
Hoya Corp. Health Care Equipment & Supplies 470 64,961
Iida Group Holdings Co. Ltd. Household Durables 200 4,037
ITOCHU Corp. Trading Companies & Distributors 1,600 45,933
Japan Post Bank Co. Ltd. Banks 600 4,922
Japan Tobacco Inc. Tobacco 1,600 32,575
Kajima Corp. Construction & Engineering 400 5,354
Kakaku.com Inc. Interactive Media & Services 200 5,482
KAO Corp. Personal Products 507 39,138
KDDI Corp. Wireless Telecommunication Services 2,200 65,332
M3 Inc. Health Care Technology 200 18,874
Meiji Holdings Co. Ltd. Food Products 100 7,032
Mitsubishi Gas Chemical Co. Inc. Chemicals 200 4,589
Monotaro Co. Ltd. Trading Companies & Distributors 100 5,085
MS&AD Insurance Group Holdings Inc. Insurance 400 12,169
  Electronic Equipment, Instruments &    
Murata Manufacturing Co. Ltd. Components 300 27,081
Nexon Co. Ltd. Entertainment 600 18,480
Nihon M&A Center Inc. Professional Services 100 6,683
Nintendo Co. Ltd. Entertainment 104 66,311
Nippon Telegraph & Telephone Corp. Diversified Telecommunication Services 1,800 46,122
Nitori Holdings Co. Ltd. Specialty Retail 70 14,658
Nitto Denko Corp. Chemicals 100 8,940
Nomura Research Institute Ltd. IT Services 200 7,158
Obayashi Corp. Construction & Engineering 600 5,172
OBIC Co. Ltd. IT Services 40 8,031
Ono Pharmaceutical Co. Ltd. Pharmaceuticals 200 6,021
Oracle Corp. Japan Software 50 6,514
Sekisui House Ltd. Household Durables 800 16,272
SG Holdings Co. Ltd. Air Freight & Logistics 200 5,447
SHIMANO Inc. Leisure Products 40 9,331
Shimizu Corp. Construction & Engineering 400 2,906
Shionogi & Co. Ltd. Pharmaceuticals 300 16,374
Shoei Co. Ltd. Real Estate Management & Development 200 2,195
Softbank Corp. Wireless Telecommunication Services 3,000 37,571

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Sumitomo Mitsui Financial Group Inc. Banks 600 18,527
  Semiconductors & Semiconductor    
Tokyo Electron Ltd. Equipment 180 66,948
Tosoh Corp. Chemicals 400 6,230
Tsuruha Holdings Inc. Food & Staples Retailing 20 2,844
USS Co. Ltd. Specialty Retail 200 4,041
Welcia Holdings Co. Ltd. Food & Staples Retailing 100 3,773
Zozo Inc. Internet & Direct Marketing Retail 200 4,938
      912,603
Kuwait 0.0%†      
Mobile Telecommunications Co. KSCP Wireless Telecommunication Services 792 1,578
Macau 0.1%      
Galaxy Entertainment Group Ltd. Hotels, Restaurants & Leisure 2,000 15,541
Malaysia 0.2%      
AMMB Holdings Bhd. Banks 800 726
Digi.com Bhd. Wireless Telecommunication Services 2,800 2,882
Fraser & Neave Holdings Bhd. Beverages 400 3,190
Hartalega Holdings Bhd. Health Care Equipment & Supplies 2,000 6,036
Kossan Rubber Industries Health Care Equipment & Supplies 800 895
Nestle (Malaysia) Bhd. Food Products 140 4,834
Petronas Dagangan Bhd. Oil, Gas & Consumable Fuels 200 1,064
Petronas Gas Bhd. Gas Utilities 1,200 5,125
a Supermax Corp. Bhd Health Care Equipment & Supplies 822 1,228
Top Glove Corp. Bhd. Health Care Equipment & Supplies 5,000 7,607
Westports Holdings Bhd. Transportation Infrastructure 200 214
      33,801
Mexico 0.2%      
  Equity Real Estate Investment Trusts    
Fibra Uno Administracion SA de CV (REITs) 2,372 2,678
Grupo Mexico SAB de CV, B Metals & Mining 1,952 8,241
Kimberly-Clark de Mexico SAB de CV, A Household Products 2,042 3,483
Megacable Holdings SAB de CV Media 388 1,415
Wal-Mart de Mexico SAB de CV, V Food & Staples Retailing 6,106 17,155
      32,972
Netherlands 0.5%      
a Adyen NV IT Services 8 18,647
Koninklijke Ahold Delhaize NV Food & Staples Retailing 1,256 35,515
Koninklijke KPN NV Diversified Telecommunication Services 1,636 4,978
Koninklijke Vopak NV Oil, Gas & Consumable Fuels 50 2,630
NN Group NV Insurance 206 8,956
      70,726
New Zealand 0.2%      
Fisher & Paykel Healthcare Corp. Ltd. Health Care Equipment & Supplies 826 19,608
Spark New Zealand Ltd. Diversified Telecommunication Services 2,526 8,548
a The a2 Milk Co Ltd. Food Products 706 6,135
      34,291
Norway 0.3%      
Mowi ASA Food Products 468 10,440
Orkla ASA Food Products 836 8,495
Telenor ASA Diversified Telecommunication Services 762 12,985
Yara International ASA Chemicals 90 3,742
      35,662
Philippines 0.0%†      
Globe Telecom Inc. Wireless Telecommunication Services 50 2,114
Manila Electric Co. Electric Utilities 300 1,824
Metro Pacific Investments Corp. Diversified Financial Services 4,000 356

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
PLDT Inc. Wireless Telecommunication Services 70 1,953
      6,247
Poland 0.0%†      
Polski Koncern Naftowy Orlen SA Oil, Gas & Consumable Fuels 180 2,789
Polskie Gornictwo Naftowe i Gazownictwo SA Oil, Gas & Consumable Fuels 944 1,404
      4,193
Portugal 0.0%†      
Jeronimo Martins SGPS SA Food & Staples Retailing 246 4,160
Qatar 0.1%      
Industries Qatar QSC Industrial Conglomerates 2,152 6,425
Masraf Al Rayan QSC Banks 2,934 3,650
Mesaieed Petrochemical Holding Co. Chemicals 4,942 2,778
Qatar Electricity & Water Co. QSC Multi-Utilities 764 3,746
Qatar Fuel QSC Oil, Gas & Consumable Fuels 600 3,078
      19,677
Russia 1.5%      
Alrosa PJSC Metals & Mining 3,864 5,137
Evraz PLC Metals & Mining 672 4,332
Gazprom PJSC Oil, Gas & Consumable Fuels 16,050 46,153
Inter RAO UES PJSC Electric Utilities 58,124 4,175
LUKOIL PJSC Oil, Gas & Consumable Fuels 626 43,740
MMC Norilsk Nickel PJSC Metals & Mining 112 35,882
Mobile TeleSystems PJSC, ADR Wireless Telecommunication Services 516 4,618
Moscow Exchange MICEX Capital Markets 708 1,527
NLMK PJSC Metals & Mining 1,966 5,557
c Novatek PJSC, GDR, Reg S Oil, Gas & Consumable Fuels 98 16,013
c PhosAgro PJSC, GDR, Reg S Chemicals 146 1,991
Polymetal International PLC Metals & Mining 290 6,803
Polyus Gold OJSC Metals & Mining 42 8,645
Rosneft PJSC Oil, Gas & Consumable Fuels 1,260 7,414
Severstal PAO Metals & Mining 422 7,505
Surgutneftegas PJSC Oil, Gas & Consumable Fuels 7,460 3,644
Tatneft PAO Oil, Gas & Consumable Fuels 2,380 16,481
      219,617
Saudi Arabia 0.4%      
Abdullah Al Othaim Markets Co. Food & Staples Retailing 40 1,309
Advanced Petrochemical Co. Chemicals 158 2,822
Al-Rajhi Bank Banks 1,058 20,756
a Bupa Arabia for Cooperative Insurance Co. Insurance 52 1,694
Jarir Marketing Co. Specialty Retail 94 4,345
Saudi Airlines Catering Co. Hotels, Restaurants & Leisure 30 616
Saudi Arabian Fertilizer Co. Chemicals 226 4,855
Saudi Cement Co. Construction Materials 104 1,705
Saudi Telecom Co. Diversified Telecommunication Services 570 16,105
Yanbu National Petrochemical Co. Chemicals 264 4,497
      58,704
Singapore 0.2%      
Singapore Exchange Ltd. Capital Markets 1,200 8,426
Singapore Telecommunications Ltd. Diversified Telecommunication Services 9,200 16,080
  Electronic Equipment, Instruments &    
Venture Corp. Ltd. Components 200 2,938
      27,444
South Africa 0.3%      
African Rainbow Minerals Ltd. Metals & Mining 66 1,177
AngloGold Ashanti Ltd. Metals & Mining 358 8,348
Clicks Group Ltd. Food & Staples Retailing 268 4,610
Exxaro Resources Ltd. Oil, Gas & Consumable Fuels 340 3,215
Impala Platinum Holdings Ltd. Metals & Mining 414 5,691
Kumba Iron Ore Ltd. Metals & Mining 128 5,427
Mr. Price Group Ltd. Specialty Retail 326 3,787

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Tiger Brands Ltd. Food Products 204 2,891
Vodacom Group Ltd. Wireless Telecommunication Services 792 6,707
      41,853
South Korea 1.7%      
BGF Retail Co. Ltd. Food & Staples Retailing 4 499
a Coway Co. Ltd. Household Durables 62 4,149
Hana Financial Group Inc. Banks 348 11,052
Hyundai Marine & Fire Insurance Co. Ltd. Insurance 68 1,424
a Industrial Bank of Korea Banks 200 1,627
a KB Financial Group Inc. Banks 444 17,739
Korea Zinc Co. Ltd. Metals & Mining 8 2,957
a KT&G Corp. Tobacco 150 11,475
Kumho Petrochemical Co. Ltd. Chemicals 18 2,403
NCSoft Corp. Entertainment 16 13,712
a Pearl Abyss Corp. Entertainment 10 2,396
S-1 Corp. Commercial Services & Supplies 16 1,252
Samsung Card Co. Ltd. Consumer Finance 14 419
  Technology Hardware, Storage &    
Samsung Electronics Co. Ltd. Peripherals 2,014 150,174
Seegene Inc Biotechnology 10 1,777
a Shinhan Financial Group Co. Ltd. Banks 452 13,336
a Woori Financial Group Inc. Banks 528 4,729
      241,120
Spain 1.4%      
a Banco Santander SA Banks 13,175 40,913
Enagas SA Gas Utilities 264 5,803
Endesa SA Electric Utilities 364 9,954
Iberdrola SA Electric Utilities 5,558 79,566
Industria de Diseno Textil SA Specialty Retail 1,284 40,910
Red Electrica Corp. SA Electric Utilities 502 10,303
Telefonica SA Diversified Telecommunication Services 217 862
Telefonica SA Diversified Telecommunication Services 3,921 15,568
      203,879
Sweden 0.5%      
Boliden AB Metals & Mining 300 10,645
Epiroc AB, A Machinery 390 7,107
Epiroc AB, B Machinery 250 4,231
b,c Evolution Gaming Group AB, 144A, Reg S Hotels, Restaurants & Leisure 140 14,231
ICA Gruppen AB Food & Staples Retailing 88 4,403
Kinnevik AB, B Diversified Financial Services 112 5,666
a Svenska Cellulosa AB, B Paper & Forest Products 446 7,782
Swedish Match AB Tobacco 128 9,941
      64,006
Switzerland 3.9%      
EMS-Chemie Holding AG Chemicals 14 13,510
Geberit AG Building Products 42 26,332
Kuehne + Nagel International AG Marine 30 6,815
  Technology Hardware, Storage &    
Logitech International SA Peripherals 158 15,358
Nestle SA Food Products 1,194 140,830
Novartis AG Pharmaceuticals 1,576 149,140
Partners Group Holding AG Capital Markets 26 30,590
Roche Holding AG Pharmaceuticals 404 141,225
SGS SA Professional Services 4 12,082
Swiss Prime Site AG Real Estate Management & Development 40 3,932
Swisscom AG Diversified Telecommunication Services 32 17,272
      557,086
Taiwan 2.0%      
Accton Technology Corp. Communications Equipment 400 4,499
  Technology Hardware, Storage &    
Advantech Co. Ltd. Peripherals 373 4,646

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Asia Cement Corp. Construction Materials 4,000 6,150
  Technology Hardware, Storage &    
Asustek Computer Inc. Peripherals 400 3,566
  Technology Hardware, Storage &    
Catcher Technology Co. Ltd. Peripherals 670 4,912
  Technology Hardware, Storage &    
Chicony Electronics Co. Ltd. Peripherals 1,345 4,126
China Development Financial Holding Corp. Insurance 2,000 662
Chunghwa Telecom Co. Ltd. Diversified Telecommunication Services 4,000 15,517
Far EasTone Telecommunications Co. Ltd. Wireless Telecommunication Services 2,000 4,356
Feng Tay Enterprise Co. Ltd. Textiles, Apparel & Luxury Goods 666 4,729
  Semiconductors & Semiconductor    
Globalwafers Co. Ltd. Equipment 200 5,040
  Electronic Equipment, Instruments &    
Largan Precision Co. Ltd. Components 120 13,645
  Technology Hardware, Storage &    
Lite-On Technology Corp. Peripherals 4,000 7,090
  Semiconductors & Semiconductor    
Novatek Microelectronics Corp. Ltd. Equipment 670 8,799
  Technology Hardware, Storage &    
Pegatron Corp. Peripherals 2,000 4,790
  Semiconductors & Semiconductor    
Powertech Technology Inc. Equipment 700 2,364
Ruentex Development Co. Ltd. Real Estate Management & Development 2,000 2,911
  Electronic Equipment, Instruments &    
Synnex Technology International Corp. Components 4,000 6,691
Taiwan Cement Corp. Construction Materials 6,000 9,225
Taiwan Mobile Co. Ltd. Wireless Telecommunication Services 2,000 7,040
  Semiconductors & Semiconductor    
Taiwan Semiconductor Manufacturing Co. Ltd. Equipment 7,940 149,769
  Semiconductors & Semiconductor    
United Microelectronics Corp. Equipment 4,000 6,712
  Semiconductors & Semiconductor    
Vanguard International Semiconductor Corp. Equipment 1,000 4,128
  Electronic Equipment, Instruments &    
Walsin Technology Corp. Components 400 3,281
  Electronic Equipment, Instruments &    
WPG Holdings Ltd. Components 4,000 6,107
      290,755
Thailand 0.3%      
Advanced Info Service PCL Wireless Telecommunication Services 1,600 9,399
Bumrungrad Hospital PCL Health Care Providers & Services 600 2,403
Home Product Center PCL,, NVDR Specialty Retail 6,000 2,744
Intouch Holdings PCL Wireless Telecommunication Services 3,200 6,008
Krung Thai Bank PCL Banks 1,400 519
Osotspa PCL, NVDR Beverages 1,000 1,185
PTT Exploration and Production PCL, NVDR Oil, Gas & Consumable Fuels 1,600 5,247
The Siam Cement PCL Construction Materials 600 7,570
      35,075
Turkey 0.1%      
Aselsan Elektronik Sanayi Ve Ticaret AS Aerospace & Defense 548 1,346
BIM Birlesik Magazalar AS Food & Staples Retailing 594 6,034
Eregli Demir ve Celik Fabrikalari AS Metals & Mining 2,200 4,419
Ford Otomotiv Sanayi AS Automobiles 122 2,068
Haci Omer Sabanci Holding AS Diversified Financial Services 402 620
Turkcell Iletisim Hizmetleri AS Wireless Telecommunication Services 1,416 3,067
a Turkiye Is Bankasi AS, C Banks 446 420
      17,974
United Arab Emirates 0.1%      
Aldar Properties PJSC Real Estate Management & Development 4,402 3,775
Dubai Islamic Bank PJSC Banks 1,248 1,566

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Emirates Telecommunications Group Co. PJSC Diversified Telecommunication Services 2,118 9,745
      15,086
United Kingdom 6.0%      
Admiral Group PLC Insurance 310 12,314
Anglo American PLC Metals & Mining 1,304 43,217
Auto Trader Group PLC Interactive Media & Services 1,126 9,174
BAE Systems PLC Aerospace & Defense 1,676 11,198
BHP Group PLC Metals & Mining 2,582 67,942
British American Tobacco PLC Tobacco 2,466 91,284
  Equity Real Estate Investment Trusts    
British Land Co. PLC (REITs) 960 6,417
BT Group PLC Diversified Telecommunication Services 10,432 18,859
Croda International PLC Chemicals 112 10,098
Direct Line Insurance Group PLC Insurance 1,576 6,872
Ferguson PLC Trading Companies & Distributors 198 24,045
GlaxoSmithKline PLC Pharmaceuticals 6,214 113,992
Hargreaves Lansdown PLC Capital Markets 506 10,548
Hikma Pharmaceuticals PLC Pharmaceuticals 128 4,406
Imperial Brands PLC Tobacco 1,470 30,855
Intertek Group PLC Professional Services 176 13,588
a Kingfisher PLC Specialty Retail 2,078 7,681
  Equity Real Estate Investment Trusts    
Land Securities Group PLC (REITs) 654 6,024
M&G PLC Diversified Financial Services 2,472 6,689
Mondi PLC Paper & Forest Products 534 12,552
a Next PLC Multiline Retail 166 16,079
Persimmon PLC Household Durables 420 15,886
RELX PLC Professional Services 2,306 56,503
Royal Dutch Shell PLC, A Oil, Gas & Consumable Fuels 3,806 67,519
Spirax-Sarco Engineering PLC Machinery 38 5,867
The Berkeley Group Holdings PLC Household Durables 146 9,464
Unilever PLC Personal Products 2,920 175,306
William Morrison Supermarkets PLC Food & Staples Retailing 1,716 4,160
      858,539
United States 54.3%      
3M Co. Industrial Conglomerates 456 79,704
A O Smith Corp. Building Products 98 5,372
AbbVie Inc. Biotechnology 1,372 147,010
a ABIOMED Inc. Health Care Equipment & Supplies 36 11,671
Accenture PLC, A IT Services 574 149,935
a Adobe Inc. Software 300 150,036
Air Products and Chemicals Inc. Chemicals 228 62,294
a Alexion Pharmaceuticals Inc. Biotechnology 186 29,061
a Alphabet Inc., A Interactive Media & Services 38 66,600
a Alphabet Inc., C Interactive Media & Services 38 66,571
Altria Group Inc. Tobacco 2,894 118,654
  Equity Real Estate Investment Trusts    
d American Tower Corp. (REITs) 466 104,598
Amgen Inc. Biotechnology 596 137,032
  Technology Hardware, Storage &    
Apple Inc. Peripherals 1,150 152,593
  Semiconductors & Semiconductor    
Applied Materials Inc. Equipment 1,068 92,168
a Arista Networks Inc. Communications Equipment 44 12,785
AT&T Inc. Diversified Telecommunication Services 4,766 137,070
Best Buy Co. Inc. Specialty Retail 274 27,342
a Bio-Rad Laboratories Inc., A Life Sciences Tools & Services 10 5,829
a Biogen Inc. Biotechnology 260 63,664
a Booking Holdings Inc. Internet & Direct Marketing Retail 36 80,182
BorgWarner Inc. Auto Components 208 8,037
Bristol-Myers Squibb Co. Pharmaceuticals 2,164 134,233
Broadridge Financial Solutions Inc. IT Services 118 18,078
C.H. Robinson Worldwide Inc. Air Freight & Logistics 162 15,207

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
Cabot Oil & Gas Corp., A Oil, Gas & Consumable Fuels 476 7,749
a Cadence Design Systems Inc. Software 324 44,203
Campbell Soup Co. Food Products 190 9,187
Carrier Global Corp. Building Products 734 27,686
Celanese Corp. Chemicals 110 14,293
CenturyLink Inc. Diversified Telecommunication Services 466 4,544
Cerner Corp. Health Care Technology 222 17,423
Church & Dwight Co. Inc. Household Products 250 21,808
Cisco Systems Inc. Communications Equipment 3,334 149,196
Citrix Systems Inc. Software 130 16,913
Clorox Co. Household Products 190 38,365
Cognizant Technology Solutions Corp., A IT Services 590 48,350
Colgate-Palmolive Co. Household Products 804 68,750
Conagra Brands Inc. Food Products 240 8,702
a Copart Inc. Commercial Services & Supplies 238 30,286
Cummins Inc. Machinery 176 39,970
D.R. Horton Inc. Household Durables 336 23,157
Dollar General Corp. Multiline Retail 266 55,940
Domino's Pizza Inc. Hotels, Restaurants & Leisure 28 10,737
eBay Inc. Internet & Direct Marketing Retail 634 31,859
Electronic Arts Inc. Entertainment 256 36,762
Eli Lilly and Co. Pharmaceuticals 968 163,437
Erie Indemnity Co., A Insurance 30 7,368
Expeditors International of Washington Inc. Air Freight & Logistics 204 19,402
  Equity Real Estate Investment Trusts    
Extra Space Storage Inc. (REITs) 124 14,367
a F5 Networks Inc. Communications Equipment 66 11,612
a Facebook Inc., A Interactive Media & Services 496 135,487
FactSet Research Systems Inc. Capital Markets 44 14,630
Fastenal Co. Trading Companies & Distributors 740 36,134
a Fortinet Inc. Software 78 11,585
Fox Corp. Media 292 8,503
a Fox Corp., B Media 122 3,523
Garmin Ltd. Household Durables 148 17,710
General Mills Inc. Food Products 700 41,160
Gilead Sciences Inc. Biotechnology 1,608 93,682
  Technology Hardware, Storage &    
Hewlett Packard Enterprise Co. Peripherals 598 7,086
Hormel Foods Corp. Food Products 388 18,085
  Technology Hardware, Storage &    
HP Inc. Peripherals 1,140 28,033
a IDEXX Laboratories Inc. Health Care Equipment & Supplies 84 41,989
Illinois Tool Works Inc. Machinery 342 69,727
  Semiconductors & Semiconductor    
Intel Corp. Equipment 3,036 151,254
International Business Machines Corp. IT Services 1,020 128,398
Intuit Inc. Software 314 119,273
Invesco Ltd. Capital Markets 334 5,822
Jack Henry & Associates Inc. IT Services 84 13,607
a Jazz Pharmaceuticals PLC Pharmaceuticals 48 7,922
JB Hunt Transport Services Inc. Road & Rail 88 12,025
Johnson & Johnson Pharmaceuticals 908 142,901
Kellogg Co. Food Products 252 15,682
Kimberly-Clark Corp. Household Products 422 56,898
  Semiconductors & Semiconductor    
KLA Corp. Equipment 178 46,086
  Semiconductors & Semiconductor    
Lam Research Corp. Equipment 158 74,619
Lockheed Martin Corp. Aerospace & Defense 312 110,754
Lowe's Cos. Inc. Specialty Retail 810 130,013
a Lululemon Athletica Inc. Textiles, Apparel & Luxury Goods 128 44,548
LyondellBasell Industries NV, A Chemicals 342 31,348
MarketAxess Holdings Inc. Capital Markets 46 26,246
a Masimo Corp. Health Care Equipment & Supplies 40 10,735

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Mastercard Inc., A IT Services 408 145,632
  Semiconductors & Semiconductor    
Maxim Integrated Products Inc. Equipment 326 28,900
Merck & Co. Inc. Pharmaceuticals 1,668 136,442
a Mettler-Toledo International Inc. Life Sciences Tools & Services 24 27,352
Microsoft Corp. Software 650 144,573
  Semiconductors & Semiconductor    
Monolithic Power Systems Equipment 24 8,790
a Monster Beverage Corp. Beverages 446 41,246
Moody's Corp. Capital Markets 192 55,726
  Technology Hardware, Storage &    
NetApp Inc. Peripherals 262 17,355
NRG Energy Inc. Electric Utilities 104 3,905
Nucor Corp. Metals & Mining 296 15,744
  Semiconductors & Semiconductor    
NVIDIA Corp. Equipment 252 131,594
a NVR Inc. Household Durables 4 16,319
a O'Reilly Automotive Inc. Specialty Retail 86 38,921
Old Dominion Freight Line Inc. Road & Rail 114 22,251
Omnicom Group Inc. Media 218 13,597
Oracle Corp. Software 1,780 115,148
PACCAR Inc. Machinery 326 28,127
Packaging Corp. of America Containers & Packaging 92 12,688
Paychex Inc. IT Services 362 33,731
PepsiCo Inc. Beverages 954 141,478
Pfizer Inc. Pharmaceuticals 3,742 137,743
Philip Morris International Inc. Tobacco 1,762 145,876
Pool Corp. Distributors 24 8,940
PPL Corp. Electric Utilities 668 18,838
  Equity Real Estate Investment Trusts    
Public Storage (REITs) 230 53,114
PulteGroup Inc. Household Durables 286 12,332
  Semiconductors & Semiconductor    
QUALCOMM Inc. Equipment 924 140,762
a Regeneron Pharmaceuticals Inc. Biotechnology 114 55,075
Robert Half International Inc. Professional Services 152 9,497
Rockwell Automation Inc. Electrical Equipment 122 30,599
Rollins Inc. Commercial Services & Supplies 252 9,846
S&P Global Inc. Capital Markets 332 109,138
  Technology Hardware, Storage &    
Seagate Technology PLC Peripherals 352 21,880
SEI Investments Co. Capital Markets 108 6,207
  Equity Real Estate Investment Trusts    
Simon Property Group Inc. (REITs) 400 34,112
  Semiconductors & Semiconductor    
Skyworks Solutions Inc. Equipment 234 35,774
Snap-on Inc. Machinery 56 9,584
Steel Dynamics Inc. Metals & Mining 216 7,964
T. Rowe Price Group Inc. Capital Markets 224 33,911
a Take-Two Interactive Software Inc. Entertainment 94 19,532
Target Corp. Multiline Retail 598 105,565
  Electronic Equipment, Instruments &    
TE Connectivity Ltd. Components 316 38,258
  Semiconductors & Semiconductor    
Teradyne Inc. Equipment 140 16,785
  Semiconductors & Semiconductor    
Texas Instruments Inc. Equipment 902 148,045
The Hershey Co. Food Products 188 28,638
The J.M. Smucker Co. Food Products 92 10,635
The Kroger Co. Food & Staples Retailing 902 28,648
The Procter & Gamble Co. Household Products 998 138,862
The Progressive Corp. Insurance 502 49,638
Tractor Supply Co. Specialty Retail 128 17,994
Tyson Foods Inc. Food Products 306 19,719

 

 

    FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
United Parcel Service Inc., B Air Freight & Logistics 806 135,730
a Veeva Systems Inc. Health Care Technology 108 29,403
Verizon Communications Inc. Diversified Telecommunication Services 2,274 133,597
a Vertex Pharmaceuticals Inc. Biotechnology 222 52,467
ViacomCBS Inc., B Media 560 20,866
W.W. Grainger Inc. Trading Companies & Distributors 50 20,417
Walgreens Boots Alliance Inc. Food & Staples Retailing 778 31,027
Walmart Inc. Food & Staples Retailing 924 133,195
West Pharmaceutical Services Inc. Health Care Equipment & Supplies 58 16,432
Western Union Co. IT Services 364 7,986
Whirlpool Corp. Household Durables 46 8,303
  Semiconductors & Semiconductor    
Xilinx Inc. Equipment 268 37,994
a Zoom Video Communications Inc., A Software 128 43,177
      7,806,881
Total Common Stocks and Other Equity Interests (Cost $11,940,720)   14,057,288
Management Investment Companies (Cost $149,414) 1.3%    
India 1.3%      
iShares MSCI India ETF Diversified Financial Services 4,554 183,162
 
Preferred Stocks 0.4%      
Brazil 0.1%      
d Companhia Paranaense de Energia, 4.137%, pfd., B Electric Utilities 200 2,886
d Itausa SA, 3.402%, pfd. Banks 5,000 11,291
      14,177
Germany 0.1%      
d Fuchs Petrolub SE, 2.089%, pfd. Chemicals 64 3,637
d Porsche Automobil Holding SE, 3.918%, pfd. Automobiles 174 12,007
      15,644
Russia 0.0%†      
d Surgutneftegas PJSC, 2.469%, pfd. Oil, Gas & Consumable Fuels 12,006 6,791
South Korea 0.2%      
d LG Household & Health Care Ltd., 1.539%, pfd. Personal Products 4 2,644
  Technology Hardware, Storage &    
d Samsung Electronics Co. Ltd., 1.443%, pfd. Peripherals 376 25,475
      28,119
Total Preferred Stocks (Cost $43,199)     64,731
Total Investments (Cost $12,133,333) 99.5%     14,305,181
 
Other Assets, less Liabilities 0.5%     66,960
Net Assets 100.0%   $ 14,372,141

 

+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. At December 31, 2020, the aggregate value of these securities was $30,625, representing 0.2% 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. At December 31, 2020, the aggregate value of these securities was $52,820, representing 0.4% of net assets.

dVariable rate security. The rate shown represents the yield at period end.

 

FRANKLIN TEMPLETON ETF TRUST              
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
 
 
At December 31, 2020, 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 1 $ 32,825 3/19/21 $ 449
 
*As of period end.              
 
Abbreviations              
 
Selected Portfolio              
 
ADR - American Depositary Receipt              
ETF - Exchange Traded Fund              
GDR - Global Depositary Receipt              
NVDR - Non-Voting Depositary Receipt              
REIT - Real Estate Investment Trust              

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin LibertyQ International Equity Hedged ETF Industry Shares   Value
Common Stocks and Other Equity Interests 99.9%        
Australia 14.9%        
AGL Energy Ltd. Multi-Utilities 1,948 $ 17,963
Aurizon Holdings Ltd. Road & Rail 5,620   16,913
Australian Stock Exchange Ltd. Capital Markets 452   25,113
BHP Group Ltd. Metals & Mining 7,064   231,283
Brambles Ltd. Commercial Services & Supplies 4,388   35,892
a Cimic Group Ltd. Construction & Engineering 268   5,040
Coca-Cola Amatil Ltd. Beverages 1,376   13,729
Coles Group Ltd. Food & Staples Retailing 3,688   51,624
CSL Ltd. Biotechnology 832   181,805
Evolution Mining Ltd. Metals & Mining 3,892   14,986
Fortescue Metals Group Ltd. Metals & Mining 8,388   151,653
Magellan Financial Group Ltd. Capital Markets 348   14,410
Medibank Private Ltd. Insurance 8,852   20,560
Newcrest Mining Ltd. Metals & Mining 1,704   33,898
Northern Star Resources Ltd. Metals & Mining 1,584   15,511
REA Group Ltd. Interactive Media & Services 164   18,838
Rio Tinto Ltd. Metals & Mining 1,436   126,134
Rio Tinto PLC Metals & Mining 2,992   223,718
Sonic Healthcare Ltd. Health Care Providers & Services 1,152   28,579
Telstra Corp. Ltd. Diversified Telecommunication Services 12,620   29,020
Washington H. Soul Pattinson & Co. Ltd. Oil, Gas & Consumable Fuels 132   3,065
Wesfarmers Ltd. Multiline Retail 3,720   144,675
Woolworths Group Ltd. Food & Staples Retailing 3,468   105,197
        1,509,606
Austria 0.1%        
OMV AG Oil, Gas & Consumable Fuels 176   7,106
Belgium 0.2%        
Colruyt SA Food & Staples Retailing 172   10,200
Proximus SADP Diversified Telecommunication Services 464   9,203
        19,403
Denmark 3.9%        
Coloplast AS, B Health Care Equipment & Supplies 448   68,457
a Genmab A/S Biotechnology 80   32,389
Novo Nordisk AS, B Pharmaceuticals 2,844   199,456
Novozymes AS Chemicals 556   31,942
Pandora AS Textiles, Apparel & Luxury Goods 404   45,225
Rockwool International AS, B Building Products 8   2,996
Tryg AS Insurance 320   10,105
        390,570
Finland 1.6%        
Elisa OYJ Diversified Telecommunication Services 424   23,278
Kone OYJ, B Machinery 940   76,438
Orion OYJ Pharmaceuticals 340   15,613
UPM-Kymmene OYJ Paper & Forest Products 1,316   49,062
        164,391
France 3.6%        
Biomerieux Health Care Equipment & Supplies 72   10,166
Hermes International Textiles, Apparel & Luxury Goods 91   97,937
Ipsen SA Pharmaceuticals 48   3,988
  Equity Real Estate Investment Trusts      
Klepierre SA (REITs) 232   5,220
a Peugeot SA Automobiles 1,688   46,202
Sanofi Pharmaceuticals 1,864   179,491
Sartorius Stedim Biotech Life Sciences Tools & Services 56   19,953
        362,957
Germany 0.4%        
a HelloFresh SE Internet & Direct Marketing Retail 212   16,393

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Hochtief AG Construction & Engineering 56 5,451
Knorr-Bremse AG Machinery 116 15,851
Rational AG Machinery 8 7,454
      45,149
Hong Kong 1.6%      
CK Asset Holdings Ltd. Real Estate Management & Development 5,700 29,258
CK Infrastructure Holdings Ltd. Electric Utilities 1,600 8,594
HKT Trust and HKT Ltd. Diversified Telecommunication Services 11,000 14,272
Hongkong Land Holdings Ltd. Real Estate Management & Development 1,600 6,608
Jardine Matheson Holdings Ltd. Industrial Conglomerates 540 30,240
Power Assets Holdings Ltd. Electric Utilities 3,500 18,958
Sino Land Co. Ltd. Real Estate Management & Development 7,600 9,900
Sun Hung Kai Properties Ltd. Real Estate Management & Development 1,500 19,345
b WH Group Ltd., Reg S Food Products 12,000 10,060
Wharf Real Estate Investment Co. Ltd. Real Estate Management & Development 2,000 10,408
Xinyi Glass Holdings Ltd. Building Products 2,000 5,584
      163,227
Israel 0.6%      
Azrieli Group Ltd. Real Estate Management & Development 72 4,577
a Check Point Software Technologies Ltd. Software 340 45,189
ICL Group Ltd. Chemicals 1,644 8,377
      58,143
Italy 3.4%      
DiaSorin SpA Health Care Equipment & Supplies 64 13,320
Enel SpA Electric Utilities 18,132 183,606
Ferrari NV Automobiles 316 72,940
a Moncler SpA Textiles, Apparel & Luxury Goods 520 31,901
Recordati Industria Chimica e Farmaceutica SpA Pharmaceuticals 288 15,974
Snam SpA Gas Utilities 4,640 26,121
Telecom Italia SpA/Milano, di Risp Diversified Telecommunication Services 10,328 5,356
      349,218
Japan 27.1%      
ABC-Mart Inc. Specialty Retail 84 4,670
  Semiconductors & Semiconductor    
Advantest Corp. Equipment 480 35,938
AEON Mall Co. Ltd. Real Estate Management & Development 200 3,297
Astellas Pharma Inc. Pharmaceuticals 5,120 79,048
  Electronic Equipment, Instruments &    
Azbil Corp. Components 100 5,463
Bandai Namco Holdings Inc. Leisure Products 520 44,956
Bridgestone Corp. Auto Components 1,480 48,509
  Technology Hardware, Storage &    
Brother Industries Ltd. Peripherals 300 6,178
Calbee Inc. Food Products 180 5,422
Capcom Co. Ltd. Entertainment 100 6,489
Chugai Pharmaceutical Co. Ltd. Pharmaceuticals 1,800 95,941
Cosmos Pharmaceutical Corp. Food & Staples Retailing 42 6,785
Daito Trust Construction Co. Ltd. Real Estate Management & Development 240 22,409
  Electronic Equipment, Instruments &    
Hitachi Ltd. Components 1,820 71,658
Hoya Corp. Health Care Equipment & Supplies 1,120 154,801
Iida Group Holdings Co. Ltd. Household Durables 400 8,074
ITOCHU Corp. Trading Companies & Distributors 3,960 113,685
Japan Post Bank Co. Ltd. Banks 1,200 9,845
Japan Tobacco Inc. Tobacco 3,740 76,144
Kajima Corp. Construction & Engineering 1,240 16,598
Kakaku.com Inc. Interactive Media & Services 480 13,157
KAO Corp. Personal Products 1,208 93,252
KDDI Corp. Wireless Telecommunication Services 5,460 162,142
Kobe Bussan Co. Ltd. Food & Staples Retailing 200 6,160
Koei Tecmo Holdings Co. Ltd. Entertainment 100 6,102

 

 

FRANKLIN TEMPLETON ETF TRUST      
 
Statement of Investments, December 31, 2020 (unaudited)    
 
 
  Semiconductors & Semiconductor    
Lasertec Corp. Equipment 100 11,729
M3 Inc. Health Care Technology 550 51,902
McDonald's Holdings Co. Japan Ltd. Hotels, Restaurants & Leisure 120 5,811
Meiji Holdings Co. Ltd. Food Products 150 10,548
Mitsubishi Gas Chemical Co. Inc. Chemicals 400 9,178
Monotaro Co. Ltd. Trading Companies & Distributors 280 14,238
MS&AD Insurance Group Holdings Inc. Insurance 1,100 33,465
  Electronic Equipment, Instruments &    
Murata Manufacturing Co. Ltd. Components 700 63,189
Nexon Co. Ltd. Entertainment 1,400 43,121
Nihon M&A Center Inc. Professional Services 320 21,386
Nintendo Co. Ltd. Entertainment 249 158,765
Nippon Telegraph & Telephone Corp. Diversified Telecommunication Services 4,040 103,519
Nitori Holdings Co. Ltd. Specialty Retail 160 33,505
Nitto Denko Corp. Chemicals 200 17,880
Nomura Research Institute Ltd. IT Services 680 24,336
Obayashi Corp. Construction & Engineering 1,900 16,378
OBIC Co. Ltd. IT Services 130 26,102
Ono Pharmaceutical Co. Ltd. Pharmaceuticals 660 19,868
Oracle Corp. Japan Software 121 15,763
ORIX Corp. Diversified Financial Services 3,200 49,110
Otsuka Corp. IT Services 180 9,502
Pigeon Corp. Household Products 300 12,364
SCSK Corp. IT Services 100 5,715
Sekisui House Ltd. Household Durables 1,900 38,646
SG Holdings Co. Ltd. Air Freight & Logistics 540 14,707
SHIMANO Inc. Leisure Products 100 23,328
Shimizu Corp. Construction & Engineering 800 5,811
Shin-Etsu Chemical Co. Ltd. Chemicals 760 132,795
Shionogi & Co. Ltd. Pharmaceuticals 820 44,755
Shoei Co. Ltd. Real Estate Management & Development 720 7,901
Softbank Corp. Wireless Telecommunication Services 7,300 91,422
Sumitomo Mitsui Financial Group Inc. Banks 1,600 49,405
Sundrug Co. Ltd. Food & Staples Retailing 140 5,587
Sysmex Corp. Health Care Equipment & Supplies 200 24,020
Taisei Corp. Construction & Engineering 520 17,905
  Semiconductors & Semiconductor    
Tokyo Electron Ltd. Equipment 450 167,369
Tosoh Corp. Chemicals 800 12,460
Toyo Suisan Kaisha Ltd. Food Products 100 4,862
Toyota Motor Corp. Automobiles 2,660 205,004
Tsuruha Holdings Inc. Food & Staples Retailing 70 9,953
USS Co. Ltd. Specialty Retail 600 12,123
Welcia Holdings Co. Ltd. Food & Staples Retailing 190 7,168
Zozo Inc. Internet & Direct Marketing Retail 360 8,888
      2,738,206
Macau 0.4%      
Galaxy Entertainment Group Ltd. Hotels, Restaurants & Leisure 5,440 42,271
Netherlands 1.9%      
a Adyen NV IT Services 22 51,279
Koninklijke Ahold Delhaize NV Food & Staples Retailing 3,008 85,055
Koninklijke KPN NV Diversified Telecommunication Services 6,832 20,789
Koninklijke Vopak NV Oil, Gas & Consumable Fuels 128 6,733
NN Group NV Insurance 592 25,736
      189,592
New Zealand 0.8%      
Fisher & Paykel Healthcare Corp. Ltd. Health Care Equipment & Supplies 2,016 47,857
Spark New Zealand Ltd. Diversified Telecommunication Services 6,524 22,077

 

 

FRANKLIN TEMPLETON ETF TRUST      
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a The a2 Milk Co Ltd. Food Products 1,676 14,565
      84,499
Norway 0.9%      
Mowi ASA Food Products 1,152 25,699
Orkla ASA Food Products 2,008 20,404
Telenor ASA Diversified Telecommunication Services 1,856 31,627
Yara International ASA Chemicals 216 8,981
      86,711
Portugal 0.1%      
Jeronimo Martins SGPS SA Food & Staples Retailing 600 10,146
Russia 0.1%      
Evraz PLC Metals & Mining 1,960 12,635
Singapore 0.8%      
Singapore Exchange Ltd. Capital Markets 3,100 21,767
Singapore Technologies Engineering Ltd. Aerospace & Defense 2,000 5,780
Singapore Telecommunications Ltd. Diversified Telecommunication Services 22,400 39,151
  Electronic Equipment, Instruments &    
Venture Corp. Ltd. Components 800 11,755
      78,453
Spain 4.8%      
a Banco Santander SA Banks 31,690 98,409
Enagas SA Gas Utilities 600 13,189
Endesa SA Electric Utilities 892 24,393
Iberdrola SA Electric Utilities 13,268 189,938
Industria de Diseno Textil SA Specialty Retail 3,092 98,515
Red Electrica Corp. SA Electric Utilities 1,180 24,220
Telefonica SA Diversified Telecommunication Services 561 2,227
Telefonica SA Diversified Telecommunication Services 9,584 38,053
      488,944
Sweden 2.7%      
Atlas Copco AB Machinery 984 44,128
Atlas Copco AB, A Machinery 1,184 60,710
Boliden AB Metals & Mining 744 26,399
Epiroc AB, A Machinery 1,236 22,523
Epiroc AB, B Machinery 732 12,389
b,c Evolution Gaming Group AB, 144A, Reg S Hotels, Restaurants & Leisure 340 34,561
ICA Gruppen AB Food & Staples Retailing 240 12,008
Kinnevik AB, B Diversified Financial Services 316 15,987
a Svenska Cellulosa AB, B Paper & Forest Products 1,076 18,775
Swedish Match AB Tobacco 300 23,299
      270,779
Switzerland 9.1%      
EMS-Chemie Holding AG Chemicals 28 27,020
Geberit AG Building Products 112 70,219
Kuehne + Nagel International AG Marine 72 16,356
  Technology Hardware, Storage &    
Logitech International SA Peripherals 380 36,936
Nestle SA Food Products 1,648 194,378
Novartis AG Pharmaceuticals 2,200 208,190
Partners Group Holding AG Capital Markets 66 77,651
Roche Holding AG Pharmaceuticals 560 195,758
SGS SA Professional Services 14 42,287
Swiss Prime Site AG Real Estate Management & Development 128 12,584
Swisscom AG Diversified Telecommunication Services 72 38,861
      920,240
United Kingdom 20.9%      
Admiral Group PLC Insurance 748 29,713
Anglo American PLC Metals & Mining 3,152 104,463
Auto Trader Group PLC Interactive Media & Services 2,828 23,040
BAE Systems PLC Aerospace & Defense 8,496 56,767

 

 

FRANKLIN TEMPLETON ETF TRUST          
 
Statement of Investments, December 31, 2020 (unaudited)        
 
 
BHP Group PLC Metals & Mining 6,188   162,830  
British American Tobacco PLC Tobacco 4,984   184,493  
  Equity Real Estate Investment Trusts        
British Land Co. PLC (REITs) 2,432   16,256  
BT Group PLC Diversified Telecommunication Services 26,180   47,328  
Bunzl PLC Trading Companies & Distributors 404   13,491  
Croda International PLC Chemicals 260   23,443  
Direct Line Insurance Group PLC Insurance 3,700   16,134  
Ferguson PLC Trading Companies & Distributors 488   59,263  
GlaxoSmithKline PLC Pharmaceuticals 10,424   191,223  
  Electronic Equipment, Instruments &        
Halma PLC Components 676   22,630  
Hargreaves Lansdown PLC Capital Markets 1,160   24,181  
Hikma Pharmaceuticals PLC Pharmaceuticals 332   11,427  
Imperial Brands PLC Tobacco 3,656   76,738  
Intertek Group PLC Professional Services 448   34,588  
a Kingfisher PLC Specialty Retail 5,064   18,718  
  Equity Real Estate Investment Trusts        
Land Securities Group PLC (REITs) 1,760   16,210  
M&G PLC Diversified Financial Services 6,804   18,411  
Mondi PLC Paper & Forest Products 1,296   30,462  
a Next PLC Multiline Retail 412   39,907  
Pearson PLC Media 1,800   16,741  
Persimmon PLC Household Durables 1,016   38,429  
Prudential PLC Insurance 4,344   79,985  
RELX PLC Professional Services 5,556   136,136  
Royal Dutch Shell PLC, A Oil, Gas & Consumable Fuels 9,476   168,107  
Spirax-Sarco Engineering PLC Machinery 140   21,616  
a Taylor Wimpey PLC Household Durables 9,716   22,020  
The Berkeley Group Holdings PLC Household Durables 348   22,558  
Unilever PLC Personal Products 6,364   382,072  
William Morrison Supermarkets PLC Food & Staples Retailing 4,328   10,492  
        2,119,872  
Total Common Stocks and Other Equity Interests (Cost $8,079,918)     10,112,118  
Preferred Stocks 0.4%          
Germany 0.4%          
d Fuchs Petrolub SE, 2.089%, pfd. Chemicals 180   10,228  
d Porsche Automobil Holding SE, 3.918%, pfd. Automobiles 396   27,327  
 
Total Preferred Stocks (Cost $32,948)       37,555  
Total Investments (Cost $8,112,866) 100.3%       10,149,673  
 
Other Assets, less Liabilities (0.3)%       (32,904 )
Net Assets 100.0%     $ 10,116,769  
 
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. At December 31, 2020, the aggregate value of these securities was $44,621, representing 0.4% 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. At December 31, 2020, the value of this security was $34,561,      
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, December 31, 2020 (unaudited) (continued)              
 
 
 
At December 31, 2020 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                    
Israeli Shekel BOFA Buy 1,900 $ 583 1/04/21 $ 9 $ —  
Israeli Shekel BOFA Buy 41,800   13,019 1/04/21   —   —  
Israeli Shekel BOFA Sell 43,700   13,224 1/04/21   —   (386 )
Australian Dollar DBAB Buy 73,800   55,716 1/05/21   1,232   —  
Australian Dollar DBAB Buy 1,644,500   1,268,978 1/05/21   —   —  
Australian Dollar DBAB Sell 1,718,300   1,266,593 1/05/21   —   (59,334 )
Danish Krone BOFA Buy 106,800   17,415 1/05/21   141   —  
Danish Krone BOFA Buy 2,378,100   390,904 1/05/21   6   —  
Danish Krone BOFA Sell 2,484,900   399,765 1/05/21   —   (8,700 )
Euro BOFA Buy 62,600   75,966 1/05/21   629   —  
Euro BOFA Buy 1,393,500   1,705,042 1/05/21   —   (25 )
Euro BOFA Sell 1,456,100   1,743,825 1/05/21   —   (37,786 )
Great British Pound BOFA Buy 25,600   34,107 1/05/21   887   —  
Great British Pound BOFA Buy 25,600   34,108 1/05/21   886   —  
Great British Pound BOFA Buy 569,325   778,227 1/05/21   11   —  
Great British Pound BOFA Buy 569,325   778,227 1/05/21   11   —  
Great British Pound HSBK Buy 25,600   34,107 1/05/21   886   —  
Great British Pound UBSW Buy 569,325   778,223 1/05/21   15   —  
Great British Pound BOFA Sell 594,925   794,737 1/05/21   —   (18,496 )
Great British Pound HSBK Sell 594,925   794,714 1/05/21   —   (18,518 )
Great British Pound UBSW Sell 594,925   794,607 1/05/21   —   (18,626 )
Hong Kong Dollar MSCO Buy 61,500   7,933 1/05/21   —   (2 )
Hong Kong Dollar MSCO Buy 1,369,200   176,592 1/05/21   —   (9 )
Hong Kong Dollar MSCO Sell 1,430,700   184,547 1/05/21   32   —  
Japanese Yen BOFA Buy 12,602,400   121,162 1/05/21   901   —  
Japanese Yen BOFA Buy 280,693,600   2,718,674 1/05/21   39   —  
Japanese Yen BOFA Sell 293,296,000   2,815,070 1/05/21   —   (25,706 )
Norwegian Krone BOFA Buy 34,300   3,924 1/05/21   82   —  
Norwegian Krone BOFA Buy 763,700   89,198 1/05/21   —   (1 )
Norwegian Krone BOFA Sell 798,000   90,121 1/05/21   —   (3,083 )
Singapore Dollar BOFA Buy 4,900   3,669 1/05/21   38   —  
Singapore Dollar BOFA Buy 108,100   81,793 1/05/21   —   (2 )
Singapore Dollar BOFA Sell 113,000   84,346 1/05/21   —   (1,154 )
Swedish Krona BOFA Buy 101,800   12,107 1/05/21   289   —  
Swedish Krona BOFA Buy 2,266,700   276,009 1/05/21   —   (4 )
Swedish Krona BOFA Sell 2,368,500   277,269 1/05/21   —   (11,131 )
Swiss Franc MSCO Buy 36,100   40,664 1/05/21   176   —  
Swiss Franc MSCO Buy 803,300   908,785 1/05/21   —   (23 )
Swiss Franc MSCO Sell 839,400   928,500 1/05/21   —   (21,101 )
New Zealand Dollar BOFA Buy 5,700   4,039 1/06/21   65   —  
New Zealand Dollar BOFA Buy 125,800   90,577 1/06/21   —   (1 )
New Zealand Dollar BOFA Sell 131,500   92,419 1/06/21   —   (2,261 )
Australian Dollar DBAB Sell 1,679,300   1,296,168 2/02/21   —   (61 )
Danish Krone BOFA Sell 2,383,000   391,916 2/02/21   —   (43 )
Euro BOFA Sell 1,374,000   1,682,309 2/02/21   6   —  
Great British Pound BOFA Sell 579,548   792,370 2/02/21   —   (18 )
Great British Pound HSBK Sell 579,548   792,361 2/02/21   —   (26 )

 

 

FRANKLIN TEMPLETON ETF TRUST                
 
Statement of Investments, December 31, 2020 (unaudited)            
 
 
Great British Pound UBSW Sell 579,548 792,349 2/02/21   —   (39 )
Hong Kong Dollar MSCO Sell 1,313,700 169,451 2/02/21   8   —  
Israeli Shekel BOFA Sell 41,400 12,898 2/02/21   —   (3 )
Japanese Yen BOFA Sell 281,170,300 2,724,188 2/02/21   —   (75 )
Norwegian Krone BOFA Sell 741,200 86,569 2/02/21   2   —  
Singapore Dollar BOFA Sell 104,000 78,690 2/02/21   —   (1 )
Swedish Krona BOFA Sell 2,216,000 269,923 2/02/21   —   (6 )
Swiss Franc MSCO Sell 807,500 914,315 2/02/21   —   (3 )
New Zealand Dollar BOFA Sell 116,600 83,960 2/03/21   —   (6 )
Total Forward Exchange Contracts         $ 6,352 $ (226,630 )
Net unrealized appreciation (depreciation)             $ (220,278 )
aMay be comprised of multiple contracts with the same counterparty, currency and settlement date.              
 
Abbreviations                    
 
Selected Portfolio                    
 
BOFA - Bank of America Corp.                    
DBAB - Deutsche Bank AG                    
HSBK - HSBC Bank PLC                    
MSCO - Morgan Stanley                    
REIT - Real Estate Investment Trust                    
UBSW - UBS AG                    

 

 

FRANKLIN TEMPLETON ETF TRUST      
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin LibertyQ U.S. Equity ETF Shares   Value
Common Stocks 99.6%      
Communication Services 5.8%      
Activision Blizzard Inc. 78,800 $ 7,316,580
a Alphabet Inc., A 4,190   7,343,562
AT&T Inc. 504,320   14,504,243
CenturyLink Inc. 63,828   622,323
Comcast Corp., A 288,408   15,112,579
Electronic Arts Inc. 31,520   4,526,272
a Facebook Inc., A 52,008   14,206,506
a Match Group Inc. 22,469   3,397,088
Omnicom Group Inc. 55,160   3,440,329
The Interpublic Group of Cos. Inc. 81,952   1,927,511
Verizon Communications Inc. 240,340   14,119,975
      86,516,968
Consumer Discretionary 11.0%      
a AutoZone Inc. 5,342   6,332,620
Best Buy Co. Inc. 65,404   6,526,665
Carter's Inc. 11,032   1,037,780
D.R. Horton Inc. 45,704   3,149,920
Dollar General Corp. 62,252   13,091,596
Domino's Pizza Inc. 11,820   4,532,497
eBay Inc. 38,612   1,940,253
Foot Locker Inc. 32,308   1,306,536
Garmin Ltd. 37,824   4,526,020
Gentex Corp. 71,708   2,433,052
a Grand Canyon Education Inc. 4,728   440,224
H&R Block Inc. 60,676   962,321
Hanesbrands Inc. 60,676   884,656
a Lululemon Athletica Inc. 29,156   10,147,163
McDonald's Corp. 66,980   14,372,568
NIKE Inc., B 107,956   15,272,535
a NVR Inc. 849   3,463,801
a O'Reilly Automotive Inc. 19,700   8,915,629
Pool Corp. 10,244   3,815,890
PulteGroup Inc. 46,492   2,004,735
Qurate Retail Inc., A 23,640   259,331
Ross Stores Inc. 98,500   12,096,785
Target Corp. 80,376   14,188,775
The TJX Cos. Inc. 228,520   15,605,631
Tractor Supply Co. 32,308   4,541,859
Williams-Sonoma Inc. 22,064   2,246,998
Yum! Brands Inc. 89,044   9,666,617
      163,762,457
Consumer Staples 13.8%      
Altria Group Inc. 330,960   13,569,360
a Boston Beer Inc., A 1,009   1,003,239
Brown-Forman Corp., A 12,608   926,310
Brown-Forman Corp., B 26,004   2,065,498
Campbell Soup Co. 20,488   990,595
Casey's General Stores Inc. 8,668   1,548,278
Church & Dwight Co. Inc. 64,616   5,636,454
Clorox Co. 38,612   7,796,535
Colgate-Palmolive Co. 169,420   14,487,104
Costco Wholesale Corp. 37,824   14,251,327
Estee Lauder Cos. Inc., A 56,736   15,102,556
Flowers Foods Inc. 48,856   1,105,611
General Mills Inc. 163,116   9,591,221
Hormel Foods Corp. 75,648   3,525,953
Ingredion Inc. 16,548   1,301,831
Kellogg Co. 48,856   3,040,309

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a Monster Beverage Corp. 89,044 8,234,789
Nu Skin Enterprises Inc., A 12,608 688,775
PepsiCo Inc. 100,864 14,958,131
Philip Morris International Inc. 191,484 15,852,960
a Sprouts Farmers Market Inc. 24,428 491,003
The Coca-Cola Co. 281,316 15,427,369
The Hershey Co. 44,128 6,722,018
The J.M. Smucker Co. 23,640 2,732,784
The Kroger Co. 153,660 4,880,242
The Procter & Gamble Co. 104,804 14,582,429
Tyson Foods Inc. 71,708 4,620,863
Walgreens Boots Alliance Inc. 170,208 6,787,895
Walmart Inc. 94,560 13,630,824
    205,552,263
Energy 0.1%    
Cabot Oil & Gas Corp., A 79,588 1,295,693
Financials 3.7%    
American National Group Inc. 2,364 227,228
Associated Banc-Corp. 8,668 147,789
Erie Indemnity Co., A 2,364 580,598
Evercore Inc. 3,940 431,982
FactSet Research Systems Inc. 10,244 3,406,130
Invesco Ltd. 79,588 1,387,219
Jefferies Financial Group Inc. 23,640 581,544
Lazard Ltd., A 28,368 1,199,966
MarketAxess Holdings Inc. 10,244 5,844,817
Moody's Corp. 29,944 8,690,946
Morningstar Inc. 4,728 1,094,863
People's United Financial Inc. 26,004 336,232
S&P Global Inc. 35,460 11,656,766
Santander Consumer USA Holdings Inc. 22,852 503,201
SEI Investments Co. 27,580 1,585,022
T. Rowe Price Group Inc. 33,096 5,010,403
The Progressive Corp. 62,252 6,155,478
Wells Fargo & Co. 223,004 6,730,261
    55,570,445
Health Care 15.2%    
AbbVie Inc. 138,688 14,860,419
a ABIOMED Inc. 4,728 1,532,818
a Align Technology Inc. 9,456 5,053,097
Amgen Inc. 65,404 15,037,688
a Bio-Rad Laboratories Inc., A 1,201 700,111
a Biogen Inc. 40,976 10,033,383
Bristol-Myers Squibb Co. 232,460 14,419,494
Cerner Corp. 70,920 5,565,801
Chemed Corp. 3,602 1,918,461
Eli Lilly and Co. 99,288 16,763,786
a Exelixis Inc. 69,344 1,391,734
Gilead Sciences Inc. 205,668 11,982,218
a Horizon Pharma PLC 19,700 1,441,055
Humana Inc. 13,396 5,495,977
a IDEXX Laboratories Inc. 6,304 3,151,180
Johnson & Johnson 100,076 15,749,961
Merck & Co. Inc. 180,452 14,760,973
a Mettler-Toledo International Inc. 6,546 7,460,345
Pfizer Inc. 379,028 13,952,021
Premier Inc., A 12,608 442,541
Quest Diagnostics Inc. 7,880 939,060
a Quidel Corp. 2,364 424,693
a Regeneron Pharmaceuticals Inc. 14,972 7,233,123
ResMed Inc. 36,248 7,704,875
Thermo Fisher Scientific Inc. 23,013 10,718,995

 

 

  FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
UnitedHealth Group Inc. 43,340 15,198,471
a Veeva Systems Inc. 14,184 3,861,594
a Vertex Pharmaceuticals Inc. 28,368 6,704,493
a Waters Corp. 7,880 1,949,670
West Pharmaceutical Services Inc. 7,880 2,232,483
Zoetis Inc. 48,856 8,085,668
    226,766,188
Industrials 13.8%    
3M Co. 84,316 14,737,594
A O Smith Corp. 14,184 777,567
Allegion PLC 12,608 1,467,319
Allison Transmission Holdings Inc. 22,064 951,620
BWX Technologies Inc. 10,244 617,508
C.H. Robinson Worldwide Inc. 37,824 3,550,539
Cintas Corp. 20,488 7,241,689
a Copart Inc. 53,584 6,818,564
Corelogic Inc. 4,728 365,569
Cummins Inc. 40,188 9,126,695
Eaton Corp. PLC 23,640 2,840,110
Emerson Electric Co. 150,508 12,096,328
Expeditors International of Washington Inc. 44,916 4,271,961
Fastenal Co. 164,692 8,041,910
a FTI Consulting Inc. 3,152 352,141
a Generac Holdings Inc. 6,304 1,433,593
Graco Inc. 42,552 3,078,637
GrafTech International Ltd. 9,456 100,801
Honeywell International Inc. 70,920 15,084,684
Hubbell Inc., B 3,152 494,202
Huntington Ingalls Industries Inc. 10,244 1,746,397
Illinois Tool Works Inc. 59,888 12,209,965
JB Hunt Transport Services Inc. 22,852 3,122,726
Landstar System Inc. 10,244 1,379,457
Lennox International Inc. 6,304 1,727,107
Lincoln Electric Holdings Inc. 6,304 732,840
Lockheed Martin Corp. 39,400 13,986,212
MSC Industrial Direct Co. Inc., A 11,032 930,990
Northrop Grumman Corp. 22,064 6,723,342
Old Dominion Freight Line Inc. 14,972 2,922,235
Otis Worldwide Corp. 41,764 2,821,158
PACCAR Inc. 56,736 4,895,182
Robert Half International Inc. 34,672 2,166,307
Rockwell Automation Inc. 31,520 7,905,531
Rollins Inc. 61,464 2,401,399
Schneider National Inc., B 3,940 81,558
Snap-on Inc. 11,032 1,888,016
Toro Co. 29,156 2,765,155
Trane Technologies PLC 14,184 2,058,949
a Trex Co. Inc. 12,608 1,055,542
Union Pacific Corp. 70,920 14,766,962
United Parcel Service Inc., B 85,104 14,331,514
Verisk Analytics Inc. 15,760 3,271,618
W.W. Grainger Inc. 12,608 5,148,351
Watsco Inc. 7,880 1,785,214
    206,272,758
Information Technology 25.3%    
Accenture PLC, A 58,312 15,231,677
a Adobe Inc. 30,732 15,369,688
a Akamai Technologies Inc. 16,548 1,737,374
a Alphabet Inc., C 4,084 7,154,678
Amdocs Ltd. 35,460 2,515,178
Apple Inc. 122,140 16,206,757
Applied Materials Inc. 175,724 15,164,981
a Arista Networks Inc. 6,304 1,831,753

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a Aspen Technology Inc. 14,184 1,847,466
Automatic Data Processing Inc. 83,528 14,717,634
Booz Allen Hamilton Holding Corp. 24,428 2,129,633
Broadridge Financial Solutions Inc. 30,732 4,708,142
a Cadence Design Systems Inc. 53,584 7,310,465
a Cirrus Logic Inc. 5,516 453,415
Cisco Systems Inc. 337,264 15,092,564
Citrix Systems Inc. 23,640 3,075,564
Cognizant Technology Solutions Corp., A 115,836 9,492,760
a Dell Technologies Inc. 16,548 1,212,803
a F5 Networks Inc. 16,548 2,911,455
a Fair Isaac Corp. 2,364 1,208,099
a Fortinet Inc. 13,396 1,989,708
HP Inc. 414,488 10,192,260
Intel Corp. 300,228 14,957,359
International Business Machines Corp. 117,412 14,779,823
Intuit Inc. 40,976 15,564,734
Jack Henry & Associates Inc. 20,488 3,318,851
KLA Corp. 40,188 10,405,075
Lam Research Corp. 32,308 15,258,099
Mastercard Inc., A 43,340 15,469,780
Maxim Integrated Products Inc. 71,708 6,356,914
Microsoft Corp. 67,768 15,072,958
Monolithic Power Systems 4,728 1,731,535
Motorola Solutions Inc. 40,188 6,834,371
NetApp Inc. 58,312 3,862,587
NVIDIA Corp. 26,792 13,990,782
Oracle Corp. 189,120 12,234,173
Paychex Inc. 91,408 8,517,397
QUALCOMM Inc. 98,500 15,005,490
Skyworks Solutions Inc. 49,644 7,589,575
Teradyne Inc. 9,456 1,133,680
Texas Instruments Inc. 89,832 14,744,126
a Tyler Technologies Inc. 3,940 1,719,889
Visa Inc., A 68,556 14,995,254
a,b VMware Inc., A 7,880 1,105,249
a Vontier Corp. 7,092 236,873
Western Union Co. 25,216 553,239
Xerox Holdings Corp. 17,336 402,022
Xilinx Inc. 66,980 9,495,755
    376,889,644
Materials 2.9%    
Air Products and Chemicals Inc. 39,400 10,764,868
Ardagh Group SA 788 13,562
Avery Dennison Corp. 8,668 1,344,494
Celanese Corp. 20,488 2,662,211
Eastman Chemical Co. 27,580 2,765,722
Huntsman Corp. 21,276 534,879
International Paper Co. 24,428 1,214,560
LyondellBasell Industries NV, A 81,952 7,511,720
NewMarket Corp. 1,576 627,705
Newmont Corp. 81,952 4,908,105
Nucor Corp. 51,220 2,724,392
Packaging Corp. of America 22,064 3,042,846
Reliance Steel & Aluminum Co. 9,456 1,132,356
Sonoco Products Co. 24,428 1,447,359
Southern Copper Corp. 4,728 307,887
Steel Dynamics Inc. 40,976 1,510,785
Valvoline Inc. 28,368 656,436
    43,169,887
Real Estate 2.2%    
Coresite Realty Corp. 3,940 493,603
EPR Properties 18,912 614,640

 

 

FRANKLIN TEMPLETON ETF TRUST
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)

Extra Space Storage Inc. 7,092   821,679
Kimco Realty Corp. 93,772   1,407,518
National Retail Properties Inc. 45,704   1,870,208
Omega Healthcare Investors Inc. 13,396   486,543
Public Storage 45,704   10,554,425
Realty Income Corp. 83,528   5,192,936
Simon Property Group Inc. 68,556   5,846,455
Spirit Realty Capital Inc. 26,792   1,076,234
STORE Capital Corp. 52,008   1,767,232
VICI Properties Inc. 33,096   843,948
WP Carey Inc. 37,824   2,669,618
      33,645,039
Utilities 5.8%      
Alliant Energy Corp. 55,948   2,883,001
Ameren Corp. 46,492   3,629,166
American Electric Power Co. Inc. 64,616   5,380,574
Atmos Energy Corp. 27,580   2,631,959
Consolidated Edison Inc. 78,012   5,637,927
Dominion Energy Inc. 137,900   10,370,080
Evergy Inc. 43,340   2,405,803
Eversource Energy 72,496   6,271,629
Hawaiian Electric Industries Inc. 26,004   920,282
NextEra Energy Inc. 197,000   15,198,550
PPL Corp. 146,568   4,133,218
Public Service Enterprise Group Inc. 128,444   7,488,285
The Southern Co. 200,152   12,295,337
WEC Energy Group Inc. 31,520   2,900,786
Xcel Energy Inc. 70,920   4,728,236
      86,874,833
Total Investments before Short Term Investments (Cost $1,285,688,783)     1,486,316,175
Short Term Investments (Cost $787,664) 0.1%      
Investments from Cash Collateral Received for Loaned Securities 0.1%      
c,d Institutional Fiduciary Trust Portfolio, 0.00% 787,664   787,664
 
Total Investments (Cost $1,286,476,447) 99.7%     1,487,103,839
 
Other Assets, less Liabilities 0.3%     4,832,749
Net Assets 100.0%   $ 1,491,936,588

 

aNon-income producing.
bA portion or all of the security is on loan at December 31, 2020.
cThe rate shown is the annualized seven-day effective yield at period end.
dSee Note 5 regarding investments in affiliated management investment companies.

 

FRANKLIN TEMPLETON ETF TRUST              
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
 
 
At December 31, 2020, 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)
Index Contracts              
S&P 500 E-Mini Long 22 $ 4,123,680 3/19/21 $ 95,485
 
*As of period end.              

 

 

FRANKLIN TEMPLETON ETF TRUST      
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin LibertyQ U.S. Mid Cap Equity ETF Shares   Value
Common Stocks 99.9%      
Communication Services 2.5%      
CenturyLink Inc. 11,168 $ 108,888
John Wiley & Sons Inc., A 608   27,761
a Match Group Inc. 1,728   261,256
Omnicom Group Inc. 3,168   197,588
Telephone and Data Systems Inc. 992   18,422
ViacomCBS Inc., A 64   2,421
ViacomCBS Inc., B 3,296   122,809
World Wrestling Entertainment Inc. 464   22,295
      761,440
Consumer Discretionary 16.1%      
a AutoZone Inc. 240   284,506
Best Buy Co. Inc. 2,688   268,235
BorgWarner Inc. 3,056   118,084
a Capri Holdings Ltd. 1,952   81,984
Carter's Inc. 672   63,215
Columbia Sportswear Co. 304   26,563
Dick's Sporting Goods Inc. 1,008   56,660
Domino's Pizza Inc. 400   153,384
Foot Locker Inc. 1,696   68,586
Garmin Ltd. 2,000   239,320
Gentex Corp. 3,024   102,604
Genuine Parts Co. 1,968   197,646
H&R Block Inc. 3,216   51,006
Hanesbrands Inc. 5,488   80,015
Hasbro Inc. 1,664   155,651
Kohl's Corp. 2,288   93,099
L Brands Inc. 3,296   122,578
a Leslie's Inc. 304   8,436
a Lululemon Athletica Inc. 784   272,855
Nordstrom Inc. 1,824   56,927
a NVR Inc. 45   183,594
a O'Reilly Automotive Inc. 656   296,886
a Ollie's Bargain Outlet Holdings Inc. 640   52,333
Penske Automotive Group Inc. 512   30,408
Pool Corp. 784   292,040
Qurate Retail Inc., A 2,416   26,504
Tapestry Inc. 4,256   132,276
a Tempur Sealy International Inc. 2,576   69,552
Tiffany & Co. 1,728   227,146
Tractor Supply Co. 2,000   281,160
a Ulta Beauty Inc. 800   229,728
Whirlpool Corp. 736   132,841
Williams-Sonoma Inc. 1,360   138,502
Yum China Holdings Inc. 5,168   295,041
      4,889,365
Consumer Staples 7.5%      
a,b Albertsons Cos Inc. 368   6,469
a Boston Beer Inc., A 96   95,452
Brown-Forman Corp., A 672   49,372
Brown-Forman Corp., B 2,688   213,508
Campbell Soup Co. 2,512   121,455
Church & Dwight Co. Inc. 3,328   290,301
Clorox Co. 1,440   290,765
Flowers Foods Inc. 3,648   82,554
a Herbalife Ltd. 1,472   70,730
Kellogg Co. 3,552   221,041
Nu Skin Enterprises Inc., A 880   48,074
Reynolds Consumer Products Inc. 304   9,132

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a Sprouts Farmers Market Inc. 2,032 40,843
The Hershey Co. 1,968 299,786
The J.M. Smucker Co. 1,248 144,269
The Kroger Co. 8,864 281,521
    2,265,272
Financials 11.0%    
Affiliated Managers Group Inc. 480 48,816
Ally Financial Inc. 4,832 172,309
American National Group Inc. 128 12,303
Apollo Global Management Inc., A 1,808 88,556
Brown & Brown Inc. 3,488 165,366
Cincinnati Financial Corp. 2,448 213,882
Citizens Financial Group Inc. 4,096 146,473
CNA Financial Corp. 400 15,584
a,b Credit Acceptance Corp. 160 55,382
Discover Financial Services 3,728 337,496
Erie Indemnity Co., A 272 66,803
Evercore Inc. 544 59,644
FactSet Research Systems Inc. 560 186,200
First American Financial Corp. 1,456 75,173
Globe Life Inc. 1,424 135,223
Invesco Ltd. 3,392 59,123
Lazard Ltd., A 1,344 56,851
MarketAxess Holdings Inc. 496 282,998
Mercury General Corp. 368 19,213
MSCI Inc. 720 321,502
Nasdaq Inc. 1,744 231,499
PacWest Bancorp 1,344 34,138
Prosperity Bancshares Inc. 1,120 77,683
Santander Consumer USA Holdings Inc. 1,280 28,186
SEI Investments Co. 2,160 124,135
Synchrony Financial 7,680 266,573
Unum Group 2,976 68,269
    3,349,380
Health Care 12.3%    
a ABIOMED Inc. 448 145,242
a Acadia Healthcare Co. Inc. 1,296 65,137
a Align Technology Inc. 608 324,903
a Amedisys Inc. 336 98,559
a Bio-Rad Laboratories Inc., A 192 111,924
Bio-Techne Corp. 336 106,697
Cardinal Health Inc. 1,984 106,263
Cerner Corp. 3,696 290,062
Chemed Corp. 176 93,739
Encompass Health Corp. 1,520 125,689
a Exelixis Inc. 3,504 70,325
a Globus Medical Inc., A 768 50,089
a Henry Schein Inc. 1,856 124,092
a IDEXX Laboratories Inc. 640 319,917
a Ionis Pharmaceuticals Inc. 1,200 67,848
a Masimo Corp. 704 188,940
a Mettler-Toledo International Inc. 256 291,758
a Molina Healthcare Inc. 800 170,144
a Quidel Corp. 272 48,865
ResMed Inc. 1,008 214,260
Royalty Pharma PLC 752 37,638
a United Therapeutics Corp. 416 63,145
Universal Health Services Inc., B 1,184 162,800
a Waters Corp. 1,088 269,193

 

 

  FRANKLIN TEMPLETON ETF TRUST
  STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)
 
 
 
 
West Pharmaceutical Services Inc. 688 194,917
    3,742,146
Industrials 18.7%    
A O Smith Corp. 784 42,979
Allegion PLC 1,392 162,001
Allison Transmission Holdings Inc. 1,632 70,388
BWX Technologies Inc. 1,296 78,123
C.H. Robinson Worldwide Inc. 2,080 195,250
Carrier Global Corp. 7,680 289,690
Cintas Corp. 816 288,423
Cummins Inc. 1,264 287,054
Curtiss-Wright Corp. 400 46,540
Donaldson Co. Inc. 1,824 101,925
Dover Corp. 1,552 195,940
Expeditors International of Washington Inc. 2,624 249,569
Fastenal Co. 5,968 291,417
Graco Inc. 2,816 203,738
GrafTech International Ltd. 1,040 11,086
Hubbell Inc., B 688 107,872
Landstar System Inc. 528 71,100
Lennox International Inc. 464 127,122
Lincoln Electric Holdings Inc. 784 91,140
ManpowerGroup Inc. 848 76,473
MSA Safety Inc. 384 57,366
MSC Industrial Direct Co. Inc., A 720 60,761
Nordson Corp. 816 163,975
Old Dominion Freight Line Inc. 1,440 281,059
Otis Worldwide Corp. 4,160 281,008
Robert Half International Inc. 1,984 123,960
Rockwell Automation Inc. 1,152 288,933
Rollins Inc. 3,976 155,342
Schneider National Inc., B 912 18,878
Snap-on Inc. 768 131,436
Toro Co. 1,552 147,192
Trane Technologies PLC 2,000 290,320
W.W. Grainger Inc. 704 287,471
Watsco Inc. 576 130,493
Xylem Inc. 2,592 263,840
    5,669,864
Information Technology 19.2%    
Amdocs Ltd. 1,568 111,218
a Arista Networks Inc. 656 190,614
a Aspen Technology Inc. 1,120 145,880
Booz Allen Hamilton Holding Corp. 2,560 223,181
Broadridge Financial Solutions Inc. 1,056 161,779
a Cadence Design Systems Inc. 2,512 342,712
CDW Corp. 2,128 280,449
a Ciena Corp. 1,536 81,178
Citrix Systems Inc. 1,808 235,221
Dolby Laboratories Inc., A 384 37,298
a F5 Networks Inc. 1,040 182,978
a Fair Isaac Corp. 432 220,769
a Fortinet Inc. 1,232 182,989
a GrubHub Inc. 928 68,923
HP Inc. 13,328 327,735
Juniper Networks Inc. 4,256 95,803
KLA Corp. 1,168 302,407
a Manhattan Associates Inc. 992 104,339
Maxim Integrated Products Inc. 1,584 140,422
Monolithic Power Systems 448 164,071
National Instruments Corp. 2,144 94,207
NetApp Inc. 3,984 263,900
Paychex Inc. 3,136 292,212

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
 
 
a Paycom Software Inc. 480   217,080  
a Synopsys Inc. 1,280   331,827  
Teradyne Inc. 1,008   120,849  
a Tyler Technologies Inc. 400   174,608  
Ubiquiti Inc. 128   35,649  
a VeriSign Inc. 1,184   256,218  
a Vontier Corp. 736   24,582  
Western Union Co. 6,112   134,097  
Xilinx Inc. 2,016   285,808  
      5,831,003  
Materials 2.3%        
AptarGroup Inc. 368   50,376  
Avery Dennison Corp. 1,280   198,541  
NewMarket Corp. 80   31,863  
Reliance Steel & Aluminum Co. 688   82,388  
RPM International Inc. 1,776   161,225  
Sonoco Products Co. 1,200   71,100  
The Scotts Miracle-Gro Co., A 496   98,773  
      694,266  
Real Estate 6.6%        
Apple Hospitality REIT Inc. 3,328   42,964  
AvalonBay Communities Inc. 1,392   223,319  
Brixmor Property Group Inc. 2,784   46,075  
Camden Property Trust 1,184   118,305  
Coresite Realty Corp. 608   76,170  
CubeSmart 1,904   63,993  
Duke Realty Corp. 3,280   131,102  
EPR Properties 1,024   33,280  
First Industrial Realty Trust Inc. 1,168   49,208  
Highwoods Properties Inc. 1,360   53,897  
Host Hotels & Resorts Inc. 11,472   167,835  
Lamar Advertising Co., A 1,200   99,864  
National Retail Properties Inc. 2,752   112,612  
Realty Income Corp. 4,544   282,500  
Simon Property Group Inc. 2,032   173,289  
STORE Capital Corp. 2,224   75,572  
Ventas Inc. 5,120   251,085  
      2,001,070  
Utilities 3.7%        
Ameren Corp. 3,200   249,792  
American Water Works Co. Inc. 1,696   260,285  
Consolidated Edison Inc. 3,600   260,172  
FirstEnergy Corp. 3,152   96,483  
PPL Corp. 9,680   272,976  
      1,139,708  
Total Investments before Short Term Investments (Cost $24,762,426)     30,343,514  
Short Term Investments (Cost $38,275) 0.1%        
Investments from Cash Collateral Received for Loaned Securities 0.1%        
Money Market Funds 0.1%        
c,d Institutional Fiduciary Trust Portfolio, 0.00% 38,275   38,275  
 
Total Investments (Cost $24,800,701) 100.0%     30,381,789  
 
Other Assets, less Liabilities 0.0%     (652 )
Net Assets 100.0%   $ 30,381,137  
 
aNon-income producing.        
bA portion or all of the security is on loan at December 31, 2020.        
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, December 31, 2020 (unaudited) (continued)

Abbreviations
Selected Portfolio

REIT - Real Estate Investment Trust

 

 

FRANKLIN TEMPLETON ETF TRUST      
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin LibertyQ U.S. Small Cap Equity ETF Shares   Value
Common Stocks 99.9%      
Communication Services 3.3%      
Alaska Communications Systems Group Inc. 760 $ 2,804
a,b AMC Networks Inc., A 480   17,170
a Bandwidth Inc., A 178   27,353
a CarGurus Inc. 1,320   41,884
b Cinemark Holdings Inc. 1,576   27,438
Cogent Communications Holdings Inc. 888   53,164
Entravision Communications Corp., A 568   1,562
a Glu Mobile Inc. 2,080   18,741
a IDT Corp., B 184   2,274
a Liberty Latin America Ltd. 2,552   28,302
a Liberty Latin America Ltd., A 848   9,438
a Media Alpha Inc. 112   4,376
Meredith Corp. 816   15,667
a Ooma Inc. 192   2,765
Scholastic Corp. 576   14,400
Spok Holdings Inc. 360   4,007
a TechTarget Inc. 416   24,590
TEGNA Inc. 3,648   50,889
Tribune Publishing Co. 224   3,069
a TrueCar Inc. 2,264   9,509
a WideOpenWest Inc. 992   10,585
a Yelp Inc. 1,576   51,488
      421,475
Consumer Discretionary 23.7%      
a,b 1-800-FLOWERS.Com Inc. 600   15,600
Abercrombie & Fitch Co., A 1,584   32,250
Acushnet Holdings Corp. 808   32,756
a America's Car-Mart Inc. 136   14,938
American Eagle Outfitters Inc. 3,320   66,632
a American Public Education Inc. 296   9,022
a Asbury Automotive Group Inc. 464   67,623
Big Lots Inc. 1,096   47,051
Bloomin' Brands Inc. 2,032   39,461
Buckle Inc. 768   22,426
a,b Carparts.com Inc. 328   4,064
a Chuy's Holdings Inc. 368   9,748
Citi Trends Inc. 264   13,116
Collectors Universe Inc. 208   15,683
Core-Mark Holding Co. Inc. 848   24,906
Cracker Barrel Old Country Store Inc. 576   75,986
a Crocs Inc. 1,424   89,228
b Dave & Buster's Entertainment Inc. 992   29,780
a Deckers Outdoor Corp. 472   135,360
a Del Taco Restaurants Inc. 544   4,929
Designer Brands Inc., A 1,328   10,159
Dillard's Inc., A 176   11,097
a Dorman Products Inc. 528   45,841
a Duluth Holdings Inc. 248   2,619
a Envela Corp. 80   416
Escalade Inc. 224   4,742
Ethan Allen Interiors Inc. 624   12,611
a Fiesta Restaurant Group Inc. 424   4,834
a,b GameStop Corp., A 792   14,921
a Genesco Inc. 336   10,110
a Green Brick Partners Inc. 216   4,959
Group 1 Automotive Inc. 392   51,407
Hamilton Beach Brands Holding Co., A 160   2,802
Haverty Furniture Cos. Inc. 472   13,060

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a Helen of Troy Ltd. 512 113,761
a Hibbett Sports Inc. 344 15,886
Hooker Furniture Corp. 224 7,224
a Installed Building Products Inc. 360 36,695
a,b iRobot Corp. 560 44,962
Johnson Outdoors Inc., A 112 12,615
a K12 Inc. 752 15,965
a Kontoor Brands Inc. 1,104 44,778
La-Z-Boy Inc. 952 37,928
a Lakeland Industries Inc. 120 3,270
LCI Industries 464 60,172
a LGI Homes Inc. 384 40,646
Lifetime Brands Inc. 280 4,256
a Liquidity Services Inc. 264 4,200
Lithia Motors Inc. 416 121,751
a Lumber Liquidators Holdings Inc. 288 8,853
b Macy's Inc. 4,368 49,140
a Malibu Boats Inc., A 272 16,984
Marine Products Corp. 184 2,675
a MarineMax Inc. 208 7,286
Monro Inc. 632 33,686
Movado Group Inc. 392 6,515
a MSG Networks Inc., A 352 5,189
Murphy USA Inc. 488 63,865
a National Vision Holdings Inc. 1,176 53,261
a Nautilus Inc. 280 5,079
a OneWater Marine Inc., A 120 3,491
Oxford Industries Inc. 408 26,728
Papa John's International Inc. 560 47,516
a Perdoceo Education Corp. 1,568 19,804
b PetMed Express Inc. 456 14,619
Rent-A-Center Inc. 1,280 49,011
Rocky Brands Inc. 144 4,042
a Sally Beauty Holdings Inc. 2,496 32,548
b Shoe Carnival Inc. 208 8,149
Shutterstock Inc. 472 33,842
Signet Jewelers Ltd. 1,128 30,761
a Sleep Number Corp. 600 49,116
Smith & Wesson Brands Inc. 528 9,372
Sonic Automotive Inc. 536 20,674
a Sonos Inc. 1,432 33,495
a Sportsman's Warehouse Holdings Inc. 1,080 18,954
a Stamps.com Inc. 352 69,059
Standard Motor Products Inc. 456 18,450
Steven Madden Ltd. 1,704 60,185
a,b Stitch Fix Inc., A 1,216 71,404
Strategic Education Inc. 446 42,517
Sturm Ruger & Co. Inc. 344 22,384
Superior Group of Cos. Inc. 232 5,392
Texas Roadhouse Inc., A 1,576 123,180
The Cato Corp., A 448 4,296
b The Cheesecake Factory Inc. 1,072 39,728
a The Container Store Group Inc. 416 3,969
a The Lovesac Co. 152 6,550
a,b The Michaels Cos. Inc. 1,408 18,318
The ODP Corp. 1,128 33,050
Tilly's Inc., A 488 3,982
a Tupperware Brands Corp. 1,296 41,978
a Turtle Beach Corp. 152 3,276
a Universal Technical Institute Inc. 408 2,636
a Vera Bradley Inc. 464 3,693
a Vista Outdoor Inc. 536 12,735
a,b Waitr Holdings Inc. 832 2,313
Weyco Group Inc. 144 2,281

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Wingstop Inc. 608 80,590
Winmark Corp. 64 11,891
Wolverine World Wide Inc. 1,648 51,500
a XPEL Inc. 280 14,437
a YETI Holdings Inc 1,288 88,189
a Zumiez Inc. 408 15,006
    3,011,890
Consumer Staples 5.7%    
b B&G Foods Inc., A 1,248 34,607
a BellRing Brands Inc., A 600 14,586
a Bridgford Foods Corp. 32 583
a Celsius Holdings Inc 472 23,746
a Central Garden & Pet Co. 208 8,031
a Central Garden & Pet Co., A 856 31,099
Coca-Cola Consolidated Inc. 96 25,562
a Freshpet Inc. 728 103,369
Ingles Markets Inc., A 360 15,358
Inter Parfums Inc. 384 23,228
John B. Sanfilippo & Son Inc. 176 13,879
Lancaster Colony Corp. 392 72,022
a Lifevantage Corp. 280 2,610
Medifast Inc. 288 56,546
b National Beverage Corp. 280 23,772
Natural Grocers by Vitamin Cottage Inc. 208 2,858
a Natures Sunshine Products Inc. 216 3,229
Oil-Dri Corp. of America 72 2,454
PriceSmart Inc. 504 45,909
SpartanNash Co. 800 13,928
a The Chefs' Warehouse Inc. 568 14,592
b Tootsie Roll Industries Inc. 304 9,029
Universal Corp. 528 25,666
a USANA Health Sciences Inc. 192 14,803
Vector Group Ltd. 2,880 33,552
Village Super Market Inc., A 232 5,118
a Vital Farms Inc. 96 2,430
WD-40 Co. 352 93,519
Weis Markets Inc. 240 11,474
    727,559
Energy 0.6%    
a CONSOL Energy Inc. 576 4,153
DHT Holdings Inc. 1,632 8,535
b Frontline Ltd. 1,568 9,753
a Renewable Energy Group Inc. 624 44,192
Solaris Oilfield Infrastructure Inc. 456 3,712
    70,345
Financials 8.7%    
1st Source Corp. 280 11,284
A-Mark Precious Metals Inc. 48 1,231
a Amerant Bancorp Inc. 368 5,594
Ames National Corp. 184 4,420
Anworth Mortgage Asset Corp. 912 2,472
Arrow Financial Corp. 264 7,896
Banco Latinoamericano de Comercio Exterior SA 568 8,991
BanCorpSouth Bank 1,376 37,757
Bar Harbor Bankshares 280 6,325
Cadence Bancorp 2,216 36,387
a California Bancorp Inc. 128 1,992
Capstead Mortgage Corp. 960 5,578
Carter Bankshares Inc. 304 3,259
Central Pacific Financial Corp. 456 8,669
Citizens & Northern Corp. 248 4,920
Citizens Holding Company 64 1,341

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Codorus Valley Bancorp Inc. 176 2,985
Community Bankers Trust Corp. 200 1,350
Community Trust Bancorp Inc. 216 8,003
Diamond Hill Investment Group Inc. 32 4,777
Donegal Group Inc. 248 3,489
a Donnelley Financial Solutions Inc. 280 4,752
Enterprise Bancorp Inc. 128 3,270
ESSA Bancorp Inc. 184 2,760
Essent Group Ltd. 2,160 93,312
a EZCORP Inc., A 1,104 5,288
FBL Financial Group Inc., A 160 8,402
Federated Hermes Inc., B 1,992 57,549
FedNat Holding Co. 136 805
Financial Institutions Inc. 320 7,200
First Bancorp Inc. 192 4,877
First Bancorp Puerto Rico 3,656 33,708
First Business Financial Services Inc. 128 2,356
a Genworth Financial Inc., A 10,808 40,854
German American Bancorp Inc. 344 11,383
Greene County Bancorp Inc. 56 1,427
Hanmi Financial Corp. 464 5,262
Heritage Financial Corp. 728 17,028
Hope Bancorp Inc. 1,064 11,608
Houlihan Lokey Inc. 688 46,254
Investors Title Co. 8 1,224
James River Group Holdings Ltd. 600 29,490
Kinsale Capital Group Inc. 344 68,845
LCNB Corp. 264 3,878
a MainStreet Bancshares Inc. 80 1,353
MFA Financial Inc. 4,136 16,089
Middlefield Banc Corp. 96 2,160
Midwestone Financial Group Inc. 288 7,056
Moelis & Co., A 840 39,278
National Western Life Group Inc., A 64 13,212
NBT Bancorp Inc. 632 20,287
Nelnet Inc., A 352 25,076
Northfield Bancorp Inc. 1,024 12,626
Northwest Bancshares Inc. 2,336 29,761
Norwood Financial Corp. 112 2,931
Ohio Valley Banc Corp. 48 1,133
a Oportun Financial Corp. 272 5,269
Penns Woods Bancorp Inc. 144 3,745
Peoples Bancorp Inc. 280 7,585
Peoples Financial Services Corp. 152 5,587
PJT Partners Inc., A 376 28,294
Premier Financial Bancorp Inc. 248 3,296
ProAssurance Corp. 880 15,655
Protective Insurance Corp., B 168 2,303
Provident Financial Services Inc. 1,360 24,426
Pzena Investment Management Inc., A 344 2,511
RBB Bancorp 240 3,691
Red River Bancshares Inc. 80 3,964
RLI Corp. 360 37,494
Salisbury Bancorp Inc. 32 1,193
Southern Missouri Bancorp Inc. 144 4,383
a StepStone Group Inc. 192 7,642
Stewart Information Services Corp. 448 21,665
a SWK Holdings Corp. 40 576
The Bank of Princeton 88 2,060
The Hingham Institution for Savings 16 3,456
Tompkins Financial Corp. 312 22,027
TrustCo Bank Corp. NY 2,048 13,660
United Fire Group Inc. 392 9,839
United Insurance Holdings Corp. 216 1,236

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
United Security Bancshares 232 1,636
Waddell & Reed Financial Inc., A 1,232 31,379
Washington Trust Bancorp Inc. 256 11,469
West Bancorp Inc. 336 6,485
Westamerica BanCorp 376 20,789
Westwood Holdings Group Inc. 192 2,784
    1,107,313
Health Care 10.8%    
a Addus Homecare Corp. 280 32,785
a AMN Healthcare Services Inc. 1,088 74,256
a AtriCure Inc. 824 45,872
Atrion Corp. 32 20,552
a Axogen Inc. 560 10,024
a Blueprint Medicines Corp. 504 56,524
a Cardiovascular Systems Inc. 824 36,058
a Catalyst Pharmaceuticals Inc. 1,664 5,558
a Champions Oncology Inc. 80 863
a Coherus Biosciences Inc. 848 14,738
a Community Health Systems Inc. 1,848 13,731
CONMED Corp. 512 57,344
a Corcept Therapeutics Inc. 2,408 62,993
a CorVel Corp. 168 17,808
a Cross Country Healthcare Inc. 672 5,961
a Eagle Pharmaceuticals Inc. 192 8,941
a Electromed Inc 80 785
a Emergent BioSolutions Inc. 600 53,760
a Enanta Pharmaceuticals Inc. 368 15,493
a Fonar Corp. 80 1,389
a,b Forma Therapeutics Holdings Inc. 168 5,863
a Hanger Inc. 824 18,120
a Inari Medical Inc. 80 6,983
a InfuSystem Holdings Inc. 224 4,207
a Innoviva Inc. 608 7,533
a Inogen Inc. 336 15,012
Invacare Corp. 488 4,368
a iRadimed Corp. 104 2,371
a Ironwood Pharmaceuticals Inc. 2,592 29,523
a Keros Therapeutics Inc. 120 8,465
a Lantheus Holdings Inc. 848 11,440
LeMaitre Vascular Inc. 368 14,904
a LHC Group Inc. 576 122,872
Luminex Corp. 584 13,502
a Mednax Inc. 824 20,221
a Meridian Bioscience Inc. 920 17,195
a Merit Medical Systems Inc. 1,136 63,059
National Healthcare Corp. 296 19,657
National Research Corp., A 272 11,628
a Neogen Corp. 816 64,709
a NeoGenomics Inc. 968 52,117
a,b Omeros Corp. 728 10,399
a OraSure Technologies Inc. 896 9,484
a Orthofix International Nv 368 15,817
Owens & Minor Inc. 744 20,125
Patterson Cos. Inc. 1,664 49,304
Phibro Animal Health Corp. 496 9,632
a Prestige Consumer Healthcare Inc. 968 33,754
a Repro-Med Systems Inc. 432 2,601
a Sharps Compliance Corp. 152 1,436
Simulations Plus Inc. 280 20,138
a STAAR Surgical Co. 696 55,137
a Supernus Pharmaceuticals Inc. 1,136 28,582
a Surmodics Inc. 192 8,356
a Tactile Systems Technology Inc. 408 18,335

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
a The Joint Corp. 280 7,353
Utah Medical Products Inc. 72 6,070
a Viemed Healthcare Inc. 544 4,221
a Vocera Communications Inc. 656 27,244
    1,377,172
Industrials 19.4%    
ABM Industries Inc. 1,328 50,251
Acco Brands Corp. 1,784 15,075
a Aegion Corp. 512 9,723
a Air Transport Services Group Inc. 832 26,075
Alamo Group Inc. 176 24,279
Allegiant Travel Co. 248 46,932
Allied Motion Technologies Inc. 152 7,767
a Alpha Pro Tech Ltd. 200 2,230
Applied Industrial Technologies Inc. 848 66,135
a Atlas Air Worldwide Holdings Inc. 232 12,653
BG Staffing Inc. 224 3,022
a BMC Stock Holdings Inc. 1,264 67,851
Boise Cascade Co. 352 16,826
Brady Corp., A 1,128 59,581
a Builders FirstSource Inc. 2,192 89,455
a Casella Waste Systems Inc., A 768 47,578
a Cimpress PLC 352 30,884
Comfort Systems USA Inc. 320 16,851
CompX International Inc. 32 455
Costamare Inc. 840 6,955
a Covenant Logistics Group Inc. 256 3,791
CRA International Inc. 112 5,704
CSW Industrials Inc. 272 30,440
Deluxe Corp. 984 28,733
Ennis Inc. 536 9,568
Exponent Inc. 1,216 109,476
Forward Air Corp. 616 47,333
a Foundation Building Materials Inc. 384 7,377
a Franklin Covey Co. 216 4,810
Franklin Electric Co. Inc. 824 57,029
a GMS Inc. 664 20,239
H&E Equipment Services Inc. 568 16,932
Healthcare Services Group Inc. 1,472 41,363
Heartland Express Inc. 1,120 20,272
Heidrick & Struggles International Inc. 504 14,808
a Heritage-Crystal Clean Inc. 384 8,091
Herman Miller Inc. 1,272 42,994
Hillenbrand Inc. 1,288 51,262
HNI Corp. 1,000 34,460
Hurco Cos. Inc. 112 3,360
Hyster-Yale Materials Handling Inc. 192 11,434
a IBEX Ltd. 56 1,047
ICF International Inc. 368 27,353
a IES Holdings Inc. 120 5,525
Insperity Inc. 744 60,576
Interface Inc. 1,032 10,836
John Bean Technologies Corp. 520 59,212
Kadant Inc. 224 31,580
KAR Auction Services Inc. 1,944 36,178
Kelly Services Inc., A 680 13,988
Kforce Inc. 520 21,887
Kimball International Inc., B 898 10,731
Knoll Inc. 1,072 15,737
Korn Ferry 1,384 60,204
a Lawson Products Inc. 96 4,887
LSI Industries Inc. 376 3,219
Luxfer Holdings PLC 256 4,204

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
Marten Transport Ltd. 968 16,679
a Mastech Digital Inc. 40 636
McGrath RentCorp 472 31,671
Miller Industries Inc. 216 8,212
National Presto Industries Inc. 104 9,197
NL Industries Inc. 80 382
Omega Flex Inc. 64 9,344
a Orion Energy Systems Inc. 256 2,527
a P.A.M. Transportation Services Inc. 40 1,960
Park-Ohio Holdings Corp. 128 3,955
Preformed Line Products Co. 56 3,833
a Radiant Logistics Inc. 784 4,547
Rush Enterprises Inc., B 128 4,850
a SAIA Inc. 656 118,605
Simpson Manufacturing Co. Inc. 928 86,722
a SiteOne Landscape Supply Inc. 744 118,021
Standex International Corp. 232 17,985
Steelcase Inc., A 2,016 27,317
Systemax Inc. 296 10,623
Tennant Co. 360 25,261
Tetra Tech Inc. 864 100,034
a Transcat Inc. 144 4,994
Triton International Ltd./Bermuda 560 27,166
UFP Industries Inc. 992 55,106
UniFirst Corp. 280 59,273
Universal Logistics Holdings Inc. 168 3,459
a US Xpress Enterprises Inc., A 472 3,228
a Vectrus Inc. 152 7,557
a Veritiv Corp. 120 2,495
a Vicor Corp. 376 34,675
Watts Water Technologies Inc., A 536 65,231
Werner Enterprises Inc. 1,512 59,301
    2,462,064
Information Technology 14.9%    
a A10 Networks Inc. 1,272 12,542
a Alarm.com Holdings Inc. 1,048 108,416
a Altair Engineering Inc. 832 48,406
American Software Inc., A 584 10,027
a Appfolio Inc. 296 53,292
a Avid Technology Inc. 680 10,792
Badger Meter Inc. 600 56,436
a Brightcove Inc. 384 7,066
a Calix Inc. 744 22,141
a Cambium Networks Corp. 56 1,404
a CEVA Inc. 424 19,292
a ChannelAdvisor Corp. 584 9,332
a Clearfield Inc. 104 2,571
a CommVault Systems Inc. 848 46,954
a,b Corsair Gaming Inc. 144 5,216
CSG Systems International Inc. 720 32,450
a CyberOptics Corp. 104 2,360
Daktronics Inc. 768 3,594
a eGain Corp. 424 5,007
a ePlus Inc. 248 21,812
EVERTEC Inc. 1,112 43,724
a Genasys Inc. 488 3,182
Hackett Group Inc. 552 7,943
a Information Services Group Inc. 680 2,230
a Insight Enterprises Inc. 704 53,567
a Intelligent Systems Corp. 104 4,171
a Iteris Inc. 752 4,249
a J2 Global Inc. 1,072 104,724
a Lattice Semiconductor Corp. 1,936 88,707

 

 

FRANKLIN TEMPLETON ETF TRUST    
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)    
 
 
 
 
ManTech International Corp., A 560 49,806
MAXIMUS Inc. 1,120 81,973
Methode Electronics Inc. 576 22,049
a MicroStrategy Inc. 176 68,385
a Mimecast Ltd. 824 46,836
a Napco Security Technologies Inc. 240 6,293
NIC Inc. 1,408 36,369
a Novanta Inc. 736 87,010
NVE Corp. 104 5,843
a OSI Systems Inc. 288 26,847
PC Connection Inc. 216 10,215
PCTEL Inc. 256 1,682
a Ping Identity Holding Corp. 424 12,143
Power Integrations Inc. 952 77,931
Progress Software Corp. 872 39,406
QAD Inc., A 224 14,152
a Qualys Inc. 752 91,646
a Quantum Corp. 448 2,742
a Rimini Street Inc 424 1,878
a Semtech Corp. 1,112 80,164
a Silicon Laboratories Inc. 888 113,078
a Smith Micro Software Inc. 528 2,862
a SPS Commerce Inc. 792 86,003
a Sykes Enterprises Inc. 680 25,616
Vishay Intertechnology Inc. 2,312 47,882
a Workiva Inc 360 32,983
Xperi Holding Corp. 1,536 32,102
    1,895,503
Materials 2.4%    
Caledonia Mining Corp PLC 176 2,795
Compass Minerals International Inc. 304 18,763
FutureFuel Corp. 376 4,775
Greif Inc., A 536 25,128
Greif Inc., B 120 5,805
Kronos Worldwide Inc. 208 3,101
Myers Industries Inc. 760 15,793
Orion Engineered Carbons SA 984 16,866
Quaker Chemical Corp. 224 56,759
Schweitzer-Mauduit International Inc. 648 26,056
Sensient Technologies Corp. 840 61,967
Stepan Co. 304 36,273
Warrior Met Coal Inc. 952 20,297
Worthington Industries Inc. 336 17,250
    311,628
Professional Services 0.1%    
Resources Connection Inc. 768 9,654
Real Estate 5.3%    
Agree Realty Corp. 896 59,656
American Assets Trust Inc. 872 25,183
Broadstone Net Lease Inc., A 368 7,206
b CoreCivic Inc. 2,568 16,820
CorePoint Lodging Inc. 576 3,963
Diversified Healthcare Trust 3,328 13,711
Franklin Street Properties Corp. 2,016 8,810
Healthcare Realty Trust Inc. 1,824 53,990
Kite Realty Group Trust 1,192 17,832
Lexington Realty Trust 5,496 58,368
a Marcus & Millichap Inc. 248 9,233
Monmouth Real Estate Investment Corp., A 1,728 29,929
Newmark Group Inc. 1,904 13,880
Piedmont Office Realty Trust Inc., A 1,800 29,214
Preferred Apartment Communities Inc., A 1,072 7,933

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
 
 
PS Business Parks Inc. 456   60,589  
QTS Realty Trust Inc., A 1,184   73,266  
RE/MAX Holdings Inc., A 408   14,823  
Retail Properties of America Inc., A 3,064   26,228  
RPT Realty 1,632   14,117  
Service Properties Trust 1,584   18,200  
b Tanger Factory Outlet Centers Inc. 1,896   18,884  
The RMR Group Inc., A 232   8,960  
Uniti Group Inc 2,952   34,627  
Universal Health Realty Income Trust 240   15,425  
Urstadt Biddle Properties, A 600   8,478  
Whitestone REIT 760   6,057  
Xenia Hotels & Resorts Inc. 1,656   25,171  
      680,553  
Utilities 5.0%        
American States Water Co. 760   60,428  
Artesian Resources Corp., A 144   5,339  
Avista Corp. 1,336   53,627  
Black Hills Corp. 1,200   73,740  
California Water Service Group 1,000   54,030  
Clearway Energy Inc., A 672   19,858  
Clearway Energy Inc., C 1,480   47,256  
Consolidated Water Co. Ltd. 216   2,603  
Genie Energy Ltd., B 272   1,961  
Global Water Resources Inc. 232   3,343  
MGE Energy Inc. 720   50,422  
NorthWestern Corp. 920   53,645  
PNM Resources Inc. 1,560   75,707  
SJW Group 504   34,957  
a Southwest Gas Holdings Inc. 1,096   66,582  
Spark Energy Inc., A 264   2,526  
Unitil Corp. 280   12,396  
York Water Co. 280   13,048  
      631,468  
Total Investments before Short Term Investments (Cost $11,492,089)     12,706,624  
Short Term Investments (Cost $289,598) 2.3%        
Investments from Cash Collateral Received for Loaned Securities 2.3%        
Money Market Funds 2.3%        
c,d Institutional Fiduciary Trust Portfolio, 0.00% 289,598   289,598  
 
Total Investments (Cost $11,781,687) 102.2%     12,996,222  
 
Other Assets, less Liabilities (2.2)%     (281,811 )
Net Assets 100.0%   $ 12,714,411  

 

aNon-income producing.
bA portion or all of the security is on loan at December 31, 2020.
cThe rate shown is the annualized seven-day effective yield at period end.
dSee Note 5 regarding investments in affiliated management investment companies.

Abbreviations

Selected Portfolio

REIT - Real Estate Investment Trust
RMR - Residential Mortgage Revenue

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin Disruptive Commerce ETF Country Shares   Value
Common Stocks 99.5%        
Diversified Consumer Services 1.8%        
a Chegg Inc. United States 4,352 $ 393,116
a New Oriental Education & Technology Group Inc., ADR China 1,316   244,526
        637,642
Entertainment 10.1%        
Activision Blizzard Inc. United States 2,940   272,979
a Bilibili Inc., ADR China 2,336   200,242
a Netflix Inc. United States 462   249,817
Nintendo Co. Ltd. Japan 284   181,081
a Sea Ltd., ADR Taiwan 10,949   2,179,398
a Spotify Technology SA United States 1,106   348,014
a Zynga Inc. United States 21,225   209,491
        3,641,022
Equity Real Estate Investment Trusts (REITs) 0.5%        
Prologis Inc. United States 1,876   186,962
Health Care Technology 1.6%        
a Teladoc Inc. United States 2,843   568,533
Hotels, Restaurants & Leisure 0.7%        
a Airbnb Inc. United States 1,707   250,588
Interactive Media & Services 4.2%        
a Facebook Inc., A United States 967   264,145
a Match Group Inc. United States 2,395   362,100
Tencent Holdings Ltd. China 9,861   717,270
a Zillow Group Inc., C United States 1,456   188,989
        1,532,504
Internet & Direct Marketing Retail 35.1%        
a Alibaba Group Holding Ltd., ADR China 4,270   993,757
a Amazon.com Inc. United States 533   1,735,944
a Booking Holdings Inc. United States 162   360,818
a Chewy Inc., A United States 8,079   726,221
a Delivery Hero SE Germany 1,989   309,072
a Etsy Inc. United States 3,321   590,839
a Farfetch Ltd., A United Kingdom 10,196   650,607
a Fiverr International Ltd. Israel 8,949   1,745,950
a JD.com Inc., ADR China 8,751   769,213
a,b Meituan Dianping, B, Reg S China 18,482   702,206
a MercadoLibre Inc. Argentina 1,022   1,712,075
a Ocado Group PLC United Kingdom 8,751   273,575
a Overstock.com Inc. United States 2,947   141,368
a Ozon Holdings PLC, ADR Cyprus 3,806   157,606
a Pinduoduo Inc., ADR China 5,784   1,027,643
a Stamps.com Inc. United States 847   166,173
a Stitch Fix Inc., A United States 1,522   89,372
a Zalando SE Germany 3,542   394,637
Zozo Inc. Japan 5,880   145,170
        12,692,246
IT Services 23.1%        
a Adyen NV, ADR Netherlands 19,321   896,494
a Afterpay Ltd. Australia 4,719   429,687
a Okta Inc., A United States 2,366   601,579
a PagSeguro Digital Ltd., A Brazil 2,521   143,394
a PayPal Holdings Inc. United States 4,998   1,170,532
a Shift4 Payments Inc. United States 2,867   216,172
a Shopify Inc., A Canada 1,666   1,885,829
a Square Inc., A United States 5,432   1,182,221
a StoneCo. Ltd., A Brazil 2,381   199,814
a Twilio Inc., A United States 1,624   549,724

 

 

FRANKLIN TEMPLETON ETF TRUST        
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)        
 
 
 
 
Visa Inc., A United States 1,629   356,311
a Wix.com Ltd. Israel 2,772   692,889
        8,324,646
Leisure Equipment & Products 1.3%        
a Peloton Interactive Inc., A United States 3,081   467,449
Multiline Retail 0.5%        
Magazine Luiza SA Brazil 36,812   176,824
Professional Services 0.7%        
a CoStar Group Inc. United States 267   246,783
Real Estate Management & Development 1.2%        
a KE Holdings Inc., ADR China 2,540   156,312
a Redfin Corp. United States 4,102   281,520
        437,832
Road & Rail 2.6%        
a Lyft Inc., A United States 3,010   147,881
a Uber Technologies Inc. United States 15,868   809,268
        957,149
Software 14.3%        
a Avalara Inc. United States 6,315   1,041,280
a Bill.Com Holdings Inc. United States 3,038   414,687
a Coupa Software Inc. United States 3,459   1,172,290
a Crowdstrike Holdings Inc., A United States 2,618   554,545
a DocuSign Inc. United States 4,635   1,030,360
a Lightspeed POS Inc. Canada 2,943   207,535
a Manhattan Associates Inc. United States 2,576   270,944
a Q2 Holdings Inc. United States 2,324   294,056
a Zendesk Inc. United States 1,288   184,338
        5,170,035
Specialty Retail 1.8%        
a Carvana Co. United States 2,672   640,051
Total Investments (Cost $26,763,117) 99.5%       35,930,266
 
Other Assets, less Liabilities 0.5%       190,761
Net Assets 100.0%     $ 36,121,027

 

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. At December 31, 2020, the value of this security was $702,206, representing 1.9% of net assets.

Abbreviations

Selected Portfolio

ADR - American Depositary Receipt

 

 

FRANKLIN TEMPLETON ETF TRUST        
 
Statement of Investments, December 31, 2020 (unaudited)      
 
 
Franklin Genomic Advancements ETF Country Shares   Value
Common Stocks 100.3%        
Biotechnology 37.7%        
a Alnylam Pharmaceuticals Inc. United States 497 $ 64,595
a Amicus Therapeutics Inc. United States 5,784   133,553
a Beam Therapeutics Inc. United States 1,167   95,274
a BioNTech SE, ADR Germany 1,268   103,367
a Cellectis SA, ADR France 1,458   39,453
a CRISPR Therapeutics AG Switzerland 3,021   462,545
a Editas Medicine Inc. United States 4,441   311,358
a Exact Sciences Corp. United States 1,385   183,499
a Fate Therapeutics Inc. United States 1,964   178,587
a Intellia Therapeutics Inc. United States 8,097   440,477
a Invitae Corp. United States 4,853   202,904
a Iovance Biotherapeutics Inc. United States 2,892   134,189
a Natera Inc. United States 3,976   395,691
a PTC Therapeutics Inc. United States 686   41,867
a Rocket Pharmaceuticals Inc. United States 2,896   158,817
a Sarepta Therapeutics Inc. United States 217   36,996
a Twist Bioscience Corp. United States 604   85,339
a Ultragenyx Pharmaceutical Inc. United States 445   61,601
a Veracyte Inc. United States 4,280   209,463
        3,339,575
Health Care Equipment & Supplies 4.0%        
Biomerieux France 885   124,960
a CryoPort Inc. United States 2,949   129,402
a Quidel Corp. United States 560   100,604
        354,966
Health Care Providers & Services 1.9%        
a Guardant Health Inc. United States 1,343   173,086
Health Care Technology 6.8%        
a American Well Corp. United States 2,460   62,312
a Teladoc Inc. United States 1,327   265,347
a Veeva Systems Inc. United States 1,012   275,517
        603,176
Life Sciences Tools & Services 45.0%        
a 10X Genomics Inc., A United States 1,178   166,805
Agilent Technologies Inc. United States 1,397   165,531
a Berkeley Lights Inc. United States 1,984   177,389
a Bio-Rad Laboratories Inc., A United States 117   68,204
Bio-Techne Corp. United States 208   66,050
Bruker Corp. United States 2,153   116,542
a Charles River Laboratories International Inc. United States 713   178,150
a Compugen Ltd. Israel 6,416   77,932
a Evotec SE Germany 5,977   221,442
a ICON PLC Ireland 432   84,231
a Illumina Inc. United States 755   279,350
Lonza Group AG Switzerland 489   314,659
a Medpace Holdings Inc. United States 544   75,725
a NanoString Technologies Inc. United States 1,517   101,457
a NeoGenomics Inc. United States 3,540   190,594
a Pacific Biosciences of California Inc. United States 8,081   209,621
PerkinElmer Inc. United States 617   88,540
a PRA Health Sciences Inc. United States 912   114,401
a QIAGEN NV Netherlands 1,360   71,876
a Repligen Corp. United States 1,988   380,961
Thermo Fisher Scientific Inc. United States 436   203,080

 

 

FRANKLIN TEMPLETON ETF TRUST          
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)          
 
 
 
a WuXi Biologics (Cayman) Inc. China 48,000   636,381  
        3,988,921  
Pharmaceuticals 2.9%          
a Catalent Inc. United States 2,484   258,510  
Semiconductors & Semiconductor Equipment 2.0%          
NVIDIA Corp. United States 332   173,370  
Total Investments (Cost $6,245,877) 100.3%       8,891,604  
Other Assets, less Liabilities (0.3)%       (29,212 )
Net Assets 100.0%     $ 8,862,392  

 

aNon-income producing.

Abbreviations

Selected Portfolio

ADR - American Depositary Receipt

 

 

FRANKLIN TEMPLETON ETF TRUST

Statement of Investments, December 31, 2020 (unaudited)

Franklin Intelligent Machines ETF Country Shares   Value
Common Stocks 100.4%        
Aerospace & Defense 4.4%        
a Aerovironment Inc. United States 573 $ 49,794
a Axon Enterprise Inc. United States 1,401   171,664
a Kratos Defence & Security Solutions Inc. United States 2,314   63,473
        284,931
Air Freight & Logistics 0.5%        
ZTO Express Cayman Inc., ADR China 1,114   32,484
Auto Components 1.0%        
Aptiv PLC United States 493   64,233
Automobiles 11.0%        
a Tesla Inc. United States 1,011   713,432
Electrical Equipment 1.7%        
Eaton Corp. PLC United States 246   29,554
Rockwell Automation Inc. United States 210   52,670
a Sensata Technologies Holding PLC United States 555   29,271
        111,495
Electronic Equipment, Instruments & Components 8.7%        
Amphenol Corp., A United States 915   119,655
Cognex Corp. United States 400   32,114
Keyence Corp. Japan 213   119,657
a Keysight Technologies Inc. United States 499   65,913
TE Connectivity Ltd. United States 514   62,230
a Zebra Technologies Corp., A United States 438   168,336
        567,905
Health Care Equipment & Supplies 20.6%        
a Align Technology Inc. United States 120   64,126
a DexCom Inc. United States 268   99,085
a IDEXX Laboratories Inc. United States 202   100,974
a Insulet Corp. United States 415   106,086
a Intuitive Surgical Inc. United States 405   331,330
a iRhythm Technologies Inc. United States 736   174,586
a Masimo Corp. United States 355   95,275
a Nevro Corp. United States 351   60,758
a Novocure Ltd. United States 982   169,925
ResMed Inc. United States 430   91,401
Stryker Corp. United States 189   46,313
        1,339,859
Health Care Technology 3.3%        
a Inspire Medical Systems Inc. United States 466   87,650
a Teladoc Inc. United States 636   127,175
        214,825
Industrial Conglomerates 0.9%        
Roper Technologies Inc. United States 142   61,215
Machinery 3.3%        
Fortive Corp. United States 264   18,696
Harmonic Drive Systems Inc. Japan 400   35,721
a Proto Labs Inc. United States 837   128,396
YASKAWA Electric Corp. Japan 600   29,813
        212,626
Semiconductors & Semiconductor Equipment 17.3%        
Applied Materials Inc. United States 625   53,938
ASML Holding NV, N.Y. shs Netherlands 130   63,404
Brooks Automation Inc. United States 1,071   72,667
Entegris Inc. United States 1,321   126,948
Infineon Technologies AG Germany 1,975   75,854

 

 

FRANKLIN TEMPLETON ETF TRUST          
STATEMENT OF INVESTMENTS, December 31, 2020 (unaudited) (continued)          
 
 
 
 
KLA Corp. United States 253   65,504  
Lam Research Corp. United States 126   59,506  
MKS Instruments Inc. United States 181   27,231  
NVIDIA Corp. United States 354   184,859  
Taiwan Semiconductor Manufacturing Co. Ltd., ADR Taiwan 1,872   204,123  
Teradyne Inc. United States 1,608   192,783  
        1,126,817  
Software 21.2%          
a Altair Engineering Inc. United States 2,152   125,203  
a ANSYS Inc. United States 510   185,538  
a Aspen Technology Inc. United States 177   23,054  
a Atlassian Corp. PLC United States 232   54,258  
a Autodesk Inc. United States 786   239,997  
Bentley Systems Inc., B United States 756   30,626  
a Cadence Design Systems Inc. United States 981   133,838  
a Cerence Inc. United States 1,392   139,868  
Dassault Systemes France 475   96,564  
a PTC Inc. United States 799   95,568  
a Synopsys Inc. United States 573   148,545  
a The Descartes Systems Group Inc. Canada 1,791   104,663  
        1,377,722  
Technology Hardware, Storage & Peripherals 6.5%          
Apple Inc. United States 3,012   399,663  
a Stratasys Ltd. United States 1,074   22,253  
        421,916  
Total Investments (Cost $4,777,554) 100.4%       6,529,460  
 
Other Assets, less Liabilities (0.4)%       (27,123 )
Net Assets 100.0%     $ 6,502,337  

 

aNon-income producing.

Abbreviations

Selected Portfolio

ADR - American Depositary Receipt

 

 

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 forty-four separate funds (Funds) and applies the specialized accounting and reporting guidance in U.S. Generally Accepted Accounting Principles (U.S. GAAP). Franklin Liberty Systematic Style Premia ETF's Statement of Investments have been consolidated and include the accounts of the Fund, Franklin Liberty Systematic Style Premia ETF, and the FLSP Holdings Corporation (Cayman Blocker). All intercompany transactions and Franklin Liberty Systematic Style Premia ETF's investments in their FLSP Holdings Corporation (Cayman Blocker) are limited to 25% of consolidated assets. Effective July 14, 2020, the Trust began offering share of Franklin Liberty Ultra Short Bond ETF. 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 Federal Intermediate Tax-Free Bond Opportunities ETF, Franklin Liberty International Aggregate Bond ETF, Franklin Liberty Investment Grade Corporate ETF, Franklin Liberty Federal Tax-Free Bond ETF, Franklin Liberty Senior Loan ETF, Franklin Liberty Systematic Style Premia ETF, Franklin Liberty U.S. Core Bond, Franklin Liberty U.S. Low Volatility ETF, Franklin Liberty U.S. Treasury Bond ETF, Franklin Disruptive Commerce ETF, Franklin Genomic Advancements ETF, Franklin Intelligent Machines ETF and Franklin Liberty Ultra Short Bond ETF, which are actively managed, thus they are not designed to track an index.

Effective 09/14/2020, the following name changes occurred:

Old name

*      Franklin Liberty Intermediate Municipal Opportunities ETF
*      Franklin Liberty Municipal Bond ETF

New name
* Franklin Liberty Federal Intermediate Tax-Free Bond
Opportunities ETF

*      Franklin Liberty Federal Tax-Free Bond ETF
2.      FINANCIAL INSTRUMENT VALUATION

The Funds’ investments in financial instruments are carried at fair value daily. Fair value is the price that would be recei ved 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 each day the New York Stock Exchange (NYSE) is open for trading. 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 , Franklin Liberty Senior Loan ETF and Franklin Liberty U.S. Treasury Bond 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 employ 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 Fund. 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 a 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 at 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 Brazil ETF – Futures
Franklin FTSE China ETF – Futures
Franklin FTSE Europe ETF – Futures
Franklin FTSE Europe Hedged ETF – Forwards, Futures
Franklin FTSE Japan ETF – Futures
Franklin FTSE Japan Hedged ETF – Forwards, Futures
Franklin FTSE South Korea ETF – Futures
Franklin FTSE Switzerland ETF – Futures

 

Franklin FTSE United Kingdom ETF – Futures

Franklin Liberty International Aggregate Bond ETF – Forwards Franklin Liberty Investment Grade Corporate ETF – Futures

Franklin Liberty Systematic Style Premia ETF – Forwards, Futures, Swaps Franklin Liberty U.S. Core Bond ETF – Futures Franklin LibertyQ Global Dividend ETF – Futures Franklin LibertyQ Global Equity ETF – Futures Franklin LibertyQ International Equity Hedged ETF – Forwards 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, regional and global 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’ credit ratings, or a decline in the value and liquidity of Russian stocks or other securities. Such sanctions could also adversely affect Russia’s economy. 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 December 31, 2020, Franklin FTSE Russia ETF and Franklin LibertyQ Emerging Markets ETF had 94.8% and 10.3% 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 December 31, 2020, investments in affiliated management investment companies were as follows:

                      Net Change in     Number of    
    Value at                 Unrealized     Shares    
    Beginning             Realized   Appreciation   Value at Held at   Investment
    of Period   Purchases   Sales     Gain (Loss)   (Depreciation)   End of Period End of Period   Income
 
 
Franklin FTSE Asia ex Japan ETF                                
                                Income from
                                securities
Non-Controlled Affiliates                               loaned
 
Institutional Fiduciary Trust Money                                
Market Portfolio 0.00% $ 5,040 $ 376,285 $ (371,085 ) $ - $ - $ 10,240 10,240 $ 52
 
 
 
 
Franklin FTSE China ETF                                
                                Income from
                                securities
Non-Controlled Affiliates                               loaned

 

 

Institutional Fiduciary Trust Money                                
Market Portfolio 0.00% $ 29,400 $ 6,439,891 $ (6,342,139 ) $ - $ - $ 127,152 127,152 $ 435
 
 
 
 
Franklin FTSE Europe ETF                                
                                Income from
                                securities
Non-Controlled Affiliates                               loaned
 
Institutional Fiduciary Trust Money                                
Market Portfolio 0.00% $ - $ 586,758 $ (550,117 ) $ - $ - $ 36,641 36,641 $ 3,171
 
 
 
 
Franklin FTSE Europe Hedged                                
ETF                                
 
                                Dividend
Non-Controlled Affiliates                               Income
 
Institutional Fiduciary Trust Money                                
Market Portfolio 0.00% $ 1 $ 204,172 $ (200,996 ) $ - $ - $ 3,177 3,177 $ -
 
 
 
 
Franklin FTSE Japan ETF                                
 
                                Dividend
Non-Controlled Affiliates                               Income
 
Institutional Fiduciary Trust Money                                
Market Portfolio 0.00% $ 124,941 $ 5,505,453 $ (4,767,072 ) $ - $ - $ 863,322 863,322 $ -
 
 
 
                                Income from
                                securities
Non-Controlled Affiliates                               loaned
 
Institutional Fiduciary Trust Money                                
Market Portfolio 0.00% $ - $ 1,170,275 $ (861,525 ) $ - $ - $ 308,750 308,750 $ 1,204
 
 
Total Affiliated Securities $ 124,941 $ 6,675,728 $ (5,628,597 ) $ - $ - $ 1,172,072 1,172,072 $ 1,204
 
 
 
 
Franklin FTSE Japan Hedged                                
ETF                                
 
                                Dividend
Non-Controlled Affiliates                               Income
 
Institutional Fiduciary Trust Money                                
Market Portfolio 0.00% $ - $ 88,909 $ (88,139 ) $ - $ - $ 770 770 $ -
 
 
 
 
Franklin LibertyQ International                                
Equity Hedged ETF                                
                                Income from
                                securities
Non-Controlled Affiliates                               loaned
 
Institutional Fiduciary Trust Money                                
Market Portfolio 0.00% $ - $ 14,850 $ (14,850 ) $ - $ - $ - - $ 8

 

 

Franklin LibertyQ Emerging                            
Markets ETF                              
                              Income from
                              securities
Non-Controlled Affiliates                             loaned
 
Institutional Fiduciary Trust Money                            
Market Portfolio 0.00%   $ - $ 269,089 $ (220,714 ) $ - $ - $ 48,375 48,375 $ 283
 
 
 
 
Franklin LibertyQ Global Equity                            
ETF                              
                              Income from
                              securities
Non-Controlled Affiliates                             loaned
 
Institutional Fiduciary Trust Money                            
Market Portfolio 0.00%   $ - $ 1,695,090 $ (1,695,090 ) $ - $ - $ - - $ 57
 
 
 
 
Franklin LibertyQ Global                            
Dividend ETF                              
                              Income from
                              securities
Non-Controlled Affiliates                             loaned
 
Institutional Fiduciary Trust Money                            
Market Portfolio 0.00%   $ - $ 107,950 $ (107,950 ) $ - $ - $ - - $ -
 
 
 
 
Franklin LibertyQ U.S. Equity                            
ETF                              
                              Income from
                              securities
Non-Controlled Affiliates                             loaned
 
Institutional Fiduciary Trust Money                            
Market Portfolio 0.00%   $ 911,900 $ 17,481,670 $ (17,605,906 ) $ - $ - $ 787,664 787,664 $ 41,704
 
 
 
 
Franklin LibertyQ U.S. Mid Cap                            
Equity ETF                              
                              Income from
                              securities
Non-Controlled Affiliates                             loaned
 
Institutional Fiduciary Trust Money                            
Market Portfolio 0.00%   $ 75,900 $ 832,227 $ (869,852 ) $ - $ - $ 38,275 38,275 $ 1,490
 
 
 
 
Franklin LibertyQ U.S. Small Cap                            
Equity ETF                              
                              Income from
                              securities
Non-Controlled Affiliates                             loaned
 
Institutional Fiduciary Trust Money                            
Market Portfolio 0.00%   $ 131,291 $ 2,007,638 $ (1,849,331 ) $ - $ - $ 289,598 289,598 $ 3,472

 

 

Franklin Liberty U.S. Core Bond                            
ETF                            
 
                            Dividend
Non-Controlled Affiliates                           Income
 
Institutional Fiduciary Trust Money                            
Market Portfolio 0.00% $ - $ 551,884,755 $ (482,945,062 ) $ - $ - $ 68,939,693 68,939,693 $ -
 
 
 
 
Franklin Liberty U.S. Treasury                            
Bond ETF                            
 
                            Dividend
Non-Controlled Affiliates                           Income
 
Institutional Fiduciary Trust Money                            
Market Portfolio 0.00% $   - $ 70,584,118 $ (70,434,132 ) $ - $ - $ 149,986 149,986 $ -
 
 
 
 
Franklin Liberty Ultra Short Bond                            
ETF                            
 
                            Dividend
Non-Controlled Affiliates                           Income
 
Institutional Fiduciary Trust Money                            
Market Portfolio 0.00% $   - $ 948,437 $ (876,574 ) $ - $ - $ 71,863 71,863 $ -
 
 
 
 
Franklin FTSE United Kingdom                            
ETF                            
                            Income from
                            securities
Non-Controlled Affiliates                           loaned
 
Institutional Fiduciary Trust Money                            
Market Portfolio 0.00% $   - $ 434,613 $ (352,417 ) $ - $ - $ 82,196 82,196 $ 2,600

 

6. NOVEL CORONAVIRUS PANDEMIC

The global outbreak of the novel coronavirus disease, known as COVID-19, has caused adverse effects on many companies, sectors, nations, regions and the markets in general, and may continue for an unpredictable duration. The effects of this pandemic may materially impact the value and performance of the Funds, their ability to buy and sell fund investments at appropriate valuations and their ability to achieve their investment objectives.

7. 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 determ ining 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 December 31, 2020, 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                  
China $ 9,573,372 $ — $ 2,363 c $ 9,575,735
South Korea   3,286,419   5,807   2,183 c   3,294,409
Other Equity Investments   9,353,096   —   —     9,353,096
Short-Term Investments   10,240   —   —     10,240
Total Investments in Securities $ 22,223,127 $ 5,807 $ 4,546 c $ 22,233,480
 
 
Franklin FTSE Australia ETF                  
Assets:                  
Investments in Securities:a                  
Equity Investmentsb $ 16,906,915 $ — $ —   $ 16,906,915
 
 
Franklin FTSE Brazil ETF                  
Assets:                  
Investments in Securities:a                  
Equity Investments:b $ 118,645,878 $ — $ —   $ 118,645,878
Other Financial Instruments:                  
Futures Contracts $ 13,281 $ — $ —   $ 13,281
 
 
Franklin FTSE Canada ETF                  
Assets:                  
Investments in Securities:a                  
Equity Investments:b                  
Canada $ 7,982,220 $ — $ 650 c $ 7,982,870
Other Equity Investments   194,800   —   —     194,800
Total Investments in Securities $ 8,177,020 $ — $ 650 c $ 8,177,670

 

 

Franklin FTSE China ETF   Level 1   Level 2   Level 3     Total
Assets:                  
Investments in Securities:a                  
Equity Investments:b                  
China $ 101,271,704 $ 3,977 $ 25,208 c $ 101,300,889
Other Equity Investments   487,546   —   —     487,546
Short-Term Investments   127,152   —   —     127,152
Total Investments in Securities $ 101,886,402 $ 3,977 $ 25,208 c $ 101,915,587
Other Financial Instruments:                  
Futures Contracts $ 3,093 $ — $ —   $ 3,093
 
 
Franklin FTSE Europe ETF                  
Assets:                  
Investments in Securities:a                  
Equity Investmentsb $ 240,559,975 $ — $ —   $ 240,559,975
Short-Term Investments   36,641   —   —     36,641
Total Investments in Securities $ 240,596,616 $ — $ —   $ 240,596,616
Other Financial Instruments:                  
Futures Contracts $ 3,878 $ — $ —   $ 3,878
Liabilities:                  
Other Financial Instruments:                  
Futures Contracts $ 1,452 $ — $ —   $ 1,452
 
 
Franklin FTSE Europe Hedged ETF                  
Assets:                  
Investments in Securities:a                  
Equity Investmentsb $ 9,550,098 $ — $ —   $ 9,550,098
Short-Term Investments   3,177   —   —     3,177
Total Investments in Securities $ 9,553,275 $ — $ —   $ 9,553,275
Other Financial Instruments:                  
Forward Exchange Contracts $ — $ 1,375 $ —   $ 1,375
Futures Contracts   776   —   —     776
Total Other Financial Instruments $ 776 $ 1,375 $ —   $ 2,151
Liabilities:                  
Other Financial Instruments:                  
Forward Exchange Contracts $ — $ 139,573 $ —   $ 139,573

 

 

Franklin FTSE France ETF   Level 1   Level 2   Level 3   Total
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 6,814,851 $ — $ — $ 6,814,851
 
 
Franklin FTSE Germany ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 7,487,545 $ — $ — $ 7,487,545
 
 
Franklin FTSE Hong Kong ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 15,508,774 $ — $ — $ 15,508,774
 
 
Franklin FTSE India ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 14,717,223 $ — $ — $ 14,717,223
 
 
Franklin FTSE Italy ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 3,737,779 $ — $ — $ 3,737,779
 
 
Franklin FTSE Japan ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 602,988,751 $ — $ — $ 602,988,751
Short-Term Investments   1,172,072   —   —   1,172,072
Total Investments in Securities $ 604,160,823 $ — $ — $ 604,160,823
Other Financial Instruments:                
Futures Contracts $ 30,255 $ — $ — $ 30,255

 

 

Franklin FTSE Japan Hedged ETF   Level 1   Level 2   Level 3   Total
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 5,614,599 $ — $ — $ 5,614,599
Short-Term Investments   770   —   —   770
Total Investments in Securities $ 5,615,369 $ — $ — $ 5,615,369
Other Financial Instruments:                
Forward Exchange Contracts $ — $ 48 $ — $ 48
Futures Contracts   1,364   —   —   1,364
Total Other Financial Instruments $ 1,364 $ 48 $ — $ 1,412
Liabilities:                
Other Financial Instruments:                
Forward Exchange Contracts $ — $ 49,726 $ — $ 49,726
 
 
Franklin FTSE Latin America ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 2,357,611 $ — $ — $ 2,357,611
 
 
Franklin FTSE Mexico ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 5,367,633 $ — $ — $ 5,367,633
 
 
Franklin FTSE Russia ETF                
Assets:                
Investments in Securities: a                
Equity Investmentsb $ 8,779,205 $ — $ — $ 8,779,205
 
 
Franklin FTSE Saudi Arabia ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 2,627,860 $ — $ — $ 2,627,860
 
 
Franklin FTSE South Africa ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 2,348,991 $ — $ — $ 2,348,991

 

 

Franklin FTSE South Korea ETF   Level 1   Level 2   Level 3     Total
Assets:                  
Investments in Securities:a                  
Equity Investments:b                  
South Korea $ 42,149,227 $ 98,335 $ 18,000 c $ 42,265,562
Other Financial Instruments:                  
Futures Contracts $ 13,692 $ — $ —   $ 13,692
 
 
Franklin FTSE Switzerland ETF                  
Assets:                  
Investments in Securities:a                  
Equity Investmentsb $ 27,442,787 $ — $ —   $ 27,442,787
Other Financial Instruments:                  
Futures Contracts $ 7,052 $ — $ —   $ 7,052
 
 
Franklin FTSE Taiwan ETF                  
Assets:                  
Investments in Securities:a                  
Equity Investmentsb $ 22,094,051 $ — $ —   $ 22,094,051
 
 
Franklin FTSE United Kingdom ETF                  
Assets:                  
Investments in Securities:a                  
Equity Investmentsb $ 122,938,942 $ —   —   $ 122,938,942
Short-Term Investments   82,196   —   —     82,196
Total Investments in Securities $ 123,021,138 $ — $ —   $ 123,021,138
Liabilities:                  
Other Financial Instruments:                  
Futures Contracts $ 3,353 $ — $ —   $ 3,353
 
 
Franklin Liberty High Yield Corporate                  
ETF                  
Assets:                  
Investments in Securities:a                  
Foreign Government and Agency                  
Securities $ — $ 220,140,608 $ —   $ 220,140,608
Equity Investments   68,105   —   —     68,105
Total Investments in Securities $ 68,105 $ 220,140,608 $ —   $ 220,208,713

 

 

Franklin Liberty Federal Intermediate                  
Tax-Free Bond Opportunities ETF   Level 1   Level 2     Level 3   Total
Assets:                  
Investments in Securities:a                  
Municipal Bonds $ — $ 32,884,589 $   — $ 32,884,589
 
 
Franklin Liberty International Aggregate                  
Bond ETF                  
Assets:                  
Investments in Securities:a                  
Foreign Government and Agency                  
Securities $ — $ 223,178,245 $   — $ 223,178,245
Other Financial Instruments:                  
Forward Exchange Contracts $ — $ 12,522 $   — $ 12,522
Liabilities:                  
Other Financial Instruments:                  
Forward Exchange Contracts $ — $ 8,310,144 $   — $ 8,310,144
 
 
Franklin Liberty Investment Grade                  
Corporate ETF                  
Assets:                  
Investments in Securities:a                  
Foreign Government and Agency                  
Securities $ — $ 1,044,390,830 $ — $ 1,044,390,830
Other Financial Instruments:                  
Futures Contracts $ 43,412 $ — $   — $ 43,412
Liabilities:                  
Other Financial Instruments:                  
Futures Contracts $ 121,300 $ — $   — $ 121,300
 
 
Franklin Liberty Federal Tax-Free Bond                  
ETF                  
Assets:                  
Investments in Securities:a                  
Municipal Bonds $ — $ 98,673,750 $   — $ 98,673,750

 

 

Franklin Liberty Senior Loan ETF   Level 1   Level 2     Level 3     Total
Assets:                    
Investments in Securities:a                    
Foreign Government and Agency                    
Securities $ — $ 2,424,292 $   —   $ 2,424,292
Senior Floating Rate Interests   —   50,133,948     —     50,133,948
Asset-Backed Securities   —   2,934,524     —     2,934,524
Total Investments in Securities $ — $ 55,492,764 $   —   $ 55,492,764
 
 
Franklin Liberty Systematic Style Premia                    
ETF                    
Assets:                    
Investments in Securities:a                    
Equity Investments:b                    
Canada $ 1,143,643 $ — $   699 c $ 1,144,342
Other Equity Investments   36,586,249   —     —     36,586,249
Total Investments in Securities $ 37,729,892 $ — $   699 c $ 37,730,591
Other Financial Instruments:                    
Forward Exchange Contracts $ — $ 229,700 $   —   $ 229,700
Futures Contracts   498,779   —     —     498,779
Total Other Financial Instruments $ 498,779 $ 229,700 $   —   $ 728,479
Liabilities:                    
Other Financial Instruments:                    
Forward Exchange Contracts $ — $ 200,066 $   —   $ 200,066
Futures Contracts   480,334   —     —     480,334
Total Return Swaps   —   286,767     —     286,767
Total Other Financial Instruments $ 480,334 $ 486,833 $   —   $ 967,167
 
 
Franklin Liberty U.S. Core Bond ETF                    
Assets:                    
Investments in Securities:a                    
Foreign Government and Agency                    
Securities $ — $ 1,417,356,891 $ —   $ 1,417,356,891
Municipal Bonds   —   53,420,270     —     53,420,270
Asset-Backed Securities   —   22,322,307     —     22,322,307
Short-Term Investments   68,939,693   —     —     68,939,693
Total Investments in Securities $ 68,939,693 $ 1,493,099,468 $ —   $ 1,562,039,161
Other Financial Instruments:                    
Futures Contracts $ 201,025 $ — $   —   $ 201,025

 

 

Franklin Liberty U.S. Treasury Bond                
ETF   Level 1   Level 2   Level 3   Total
Assets:                
Investments in Securities:a                
Foreign Government and Agency                
Securities $ — $ 421,011,844 $ — $ 421,011,844
Short-Term Investments   149,986   —   —   149,986
Total Investments in Securities $ 149,986 $ 421,011,844 $ — $ 421,161,830
 
 
Franklin Liberty Ultra Short Bond ETF                
Assets:                
Investments in Securities:a                
Foreign Government and Agency                
Securities $ — $ 2,141,603 $ — $ 2,141,603
Asset-Backed Securities   —   202,291   —   202,291
Short-Term Investments   71,863   99,999   —   171,862
Total Investments in Securities $ 71,863 $ 2,443,893 $ — $ 2,515,756
 
 
Franklin Liberty U.S. Low Volatility                
ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 126,198,031 $ — $ — $ 126,198,031
 
 
Franklin LibertyQ Emerging Markets                
ETF                
Assets:                
Investments in Securities: a                
Equity Investmentsb $ 23,587,769 $ — $ — $ 23,587,769
Short-Term Investments   48,375   —   —   48,375
Total Investments in Securities $ 23,636,144 $ — $ — $ 23,636,144
 
 
Franklin LibertyQ Global Dividend ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 25,136,777 $ — $ — $ 25,136,777
Other Financial Instruments:                
Futures Contracts $ 1,265 $ — $ — $ 1,265

 

 

Franklin LibertyQ Global Equity ETF   Level 1     Level 2   Level 3     Total
Assets:                    
Investments in Securities:a                    
Equity Investmentsb $ 14,305,015 $   — $ 166 c $ 14,305,181
Other Financial Instruments:                    
Futures Contracts $ 449 $   — $ —   $ 449
 
 
Franklin LibertyQ International Equity                    
Hedged ETF                    
Assets:                    
Investments in Securities:a                    
Equity Investmentsb $ 10,149,673 $   — $ —   $ 10,149,673
Other Financial Instruments:                    
Forward Exchange Contracts $ — $   6,352 $ —   $ 6,352
Liabilities:                    
Other Financial Instruments:                    
Forward Exchange Contracts $ — $   226,630 $ —   $ 226,630
 
 
Franklin LibertyQ U.S. Equity ETF                    
Assets:                    
Investments in Securities:a                    
Equity Investmentsb $ 1,486,316,175 $ — $ —   $ 1,486,316,175
Short-Term Investments   787,664     —   —     787,664
Total Investments in Securities $ 1,487,103,839 $ — $ —   $ 1,487,103,839
Other Financial Instruments:                    
Futures Contracts $ 95,485 $ — $ —   $ 95,485
 
 
Franklin LibertyQ U.S. Mid Cap Equity                    
ETF                    
Assets:                    
Investments in Securities:a                    
Equity Investmentsb $ 30,343,514 $   — $ —   $ 30,343,514
Short-Term Investments   38,275     —   —     38,275
Total Investments in Securities $ 30,381,789 $   — $ —   $ 30,381,789
 
Franklin LibertyQ U.S. Small Cap Equity                    
ETF                    
Assets:                    
Investments in Securities:a                    
Equity Investmentsb $ 12,706,624 $   — $ —   $ 12,706,624
Short-Term Investments   289,598     —   —     289,598
Total Investments in Securities $ 12,996,222 $   — $ —   $ 12,996,222

 

 

Franklin Disruptive Commerce ETF   Level 1   Level 2   Level 3   Total
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 35,930,266 $ — $ — $ 35,930,266
 
 
Franklin Genomic Advancements ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 8,891,604 $ — $ — $ 8,891,604
 
 
Franklin Intelligent Machines ETF                
Assets:                
Investments in Securities:a                
Equity Investmentsb $ 6,529,460 $ — $ — $ 6,529,460
 
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 December 31, 2020.          

 

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.

8. SECURITIES LENDING

Certain or all Funds participate in an agency based securities lending program to earn additional income. The Fund receives cash collateral against the loaned securities in an amount equal to at least 102% of the fair value of the loaned securities. Collateral is maintained over the life of the loan in an amount not less than 100% of the fair value of loaned securities, as determined at the close of Fund business each day; any additional collateral required due to changes in security values is delivered to the Fund on the next business day. The collateral is deposited into a joint cash account with other funds and is used to invest in a money market fund managed by Franklin Advisers, Inc., an affiliate of the Funds. The Fund may receive income from the investment of cash collateral, in addition to lending fees and rebates paid by the borrower.

9. TOTAL RETURN SWAPS

Franklin Liberty Systematic Style Premia ETF entered into OTC MSFTLSSP total return swap contracts primarily to gain exposure to the credit and other market risk of an underlying instrument such as a stock, bond, index or basket of securities or indices. A total return swap is an agreement between the Fund and a counterparty to exchange a return linked to an underlying instrument for a floating or fixed rate payment, both based upon a notional amount. Over the term of the contract, contractually required payments to be paid or received are accrued daily and recorded as unrealized appreciation or depreciation until the payments are made, at which time they are recognized as realized gain or loss.

10. INVESTMENTS IN FLSP HOLDINGS CORPORATION

Franklin Liberty Systematic Style Premia ETF, (the “Fund”), invests in certain financial instruments and commodities/or commodity-linked derivative investments. The FLSP Holdings Corporation is a Cayman Islands exempted company with limited liability, is a wholly-owned subsidiary of the Fund, and is able to invest in certain financial instruments and/or commodity-linked derivative investments consistent with the investment objective of the Fund. At December 31, 2020, the Franklin Liberty

 

Systematic Style Premia ETF investment(s) FLSP Holdings Corporation is reflected in the Fund’s Consolidated Statement of Investments. December 31, 2020, the net assets of the FLSP Holdings Corporation were $2,131,426, representing 4.54% of the Fund's consolidated net assets. The Fund’s investment (s) in the FLSP Holdings Corporation is limited to 25% of consolidated assets.

11. 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.