USPX ETF

The Franklin U.S. Equity Index ETF (USPX) is a smart beta exchange-traded fund that was launched on June 1, 2016. It aims to give investors a wide range of exposure to the Style Box - All Cap Blend category in the market.

On August 1, 2022, USPX changed its strategy to become a competitive, low-cost option compared to S&P 500 Index funds such as SPY, IVV, VOO, and SPLG. It now follows the Morningstar US Target Exposure Index, which has a 96% overlap with SPY and shares similar fundamentals, but offers a bit more growth potential. With a low expense ratio of 0.03%, good liquidity, and strong factor exposures, it is a strong option, although there are still worries about possible future strategy changes.

The Franklin U.S. Equity Index ETF (USPX) is a smart beta exchange-traded fund that was launched on June 1, 2016. It aims to give investors a wide range of exposure to the Style Box - All Cap Blend category in the market.

Making its debut on 06/01/2016, smart beta exchange traded fund Franklin U.S. Equity Index ETF (USPX) provides investors broad exposure to the Style Box - All Cap Blend category of the market.