USPX
Franklin U.S. Equity Index ETF
📎 Investment Objective
The Franklin U.S. Equity Index ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the S&P 500 Index, which is designed to measure the performance of the large-cap U.S. equity market.
Overview
ETF tracking Franklin U.S. Equity Index ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Franklin U.S. Equity Index ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the S&P 500 Index, which is designed to measure the performance of the large-cap U.S. equity market.
🎯 Investment Strategy
The ETF employs a passive management strategy, investing in a representative sample of securities included in the S&P 500 Index in order to closely track the index's performance. The fund does not attempt to outperform the index, but rather seeks to replicate its returns as closely as possible.
✨ Key Features
- Passively managed to track the S&P 500 Index
- Provides broad exposure to the large-cap U.S. equity market
- Low expense ratio of 0.00%
- Suitable for long-term, buy-and-hold investors
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
- Tracking error risk: The fund may not perfectly track the performance of the underlying index
- Concentration risk: The fund's performance is heavily dependent on the performance of the large-cap U.S. equity market
- Liquidity risk: The ETF may have difficulty trading certain securities at an advantageous time or price
👤 Best For
The Franklin U.S. Equity Index ETF is best suited for long-term, buy-and-hold investors seeking broad exposure to the large-cap U.S. equity market. It may be a suitable core holding in a diversified portfolio, particularly for investors with a moderate to high risk tolerance and a long-term investment horizon.