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USPXvsTENMETF Comparison

ETF 1

USPX

Franklin U.S. Equity Index ETF

This fund is part of

US Large Cap

+0.86%

Full USPX fund page

VS

ETF 2

TENM

iShares Large Cap 10% Target Buffer Mar ETF

This fund is part of

Options Strategies

+0.52%

Full TENM fund page

Franklin U.S. Equity Index ETF (USPX) belongs to the US Large Cap segment. iShares Large Cap 10% Target Buffer Mar ETF (TENM) is part of the Options Strategies segment. USPX's top 3 sector exposures are Technology, Finance and Consumer Non-Cyclicals. In contrast, TENM's top sector exposures are Technology, Finance and Healthcare. USPX is less expensive with a Total Expense Ratio (TER) of 0.03%, versus 0.53% for TENM. USPX is up 12.44% year-to-date (YTD) with +$199M in YTD flows. TENM performs worse with 8.91% YTD performance, and -$139M in YTD flows. Run a side-by-side ETF comparison of USPX and TENM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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USPX vs TENM performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/11/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	USPX TENM	-0.79%+0.49%	+3.91%+3.47%	+12.44%+8.91%	+17.04%n/a	+77.01%n/a	+76.76%n/a
Flows	USPX TENM	+$14M-	+$62M-$2M	+$199M-$139M	+$253M-	+$390M-	+$1.12B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	USPX TENM	+12.12%+5.14%	+12.98%n/a	+15.20%n/a	+15.79%n/a
Max drawdown	USPX TENM	-3.50%-1.31%	-9.15%n/a	-19.03%n/a	-24.64%n/a
Max drawdown duration	USPX TENM	19d17d	92dn/a	126dn/a	712dn/a

Trading data

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	USPX	TENM
Last sale 9/11/2026 at 1:30 PM	$66.87	$27.67
Previous close 09/10/2026	$66.32	$27.55
Consolidated volume 09/10/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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TENM

is actively managed and doesn’t replicate an index

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	USPX	TENM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/11/2026 at 1:30 PM

Live

Closed

	USPX	TENM
Last price	$66.87	$27.67
1D performance	+0.83%	+0.45%
AuM	$2.07 B	$46.48 M
E/R	0.03%	0.53%

Characteristics

	USPX	TENM
Management strategy	Passive	Active
Provider	Franklin Templeton	iShares
Benchmark	Morningstar US Target Market Exposure Index	-
N° of holdings	457	501
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	June 1, 2016	October 21, 2025
ESG	No	No

More USPX data on Trackinsight

More TENM data on Trackinsight

Exposure

Countries

USPX

USA

97.46%

Other

2.54%

TENM

USA

100.9%

Other

-0.9%

Sectors

USPX

Technology

44.81%

Finance

14.1%

Consumer Non-Cycl.

9.03%

Healthcare

9.01%

Industrials

8.08%

Other

14.96%

TENM

Technology

45.93%

Finance

14.38%

Healthcare

9.22%

Consumer Non-Cycl.

9.17%

Industrials

8.04%

Other

13.26%

Diversification

USPX

Total weight of top 15 holdings out of 15

43.33%

TENM

Total weight of top 15 holdings out of 15

44.73%

Top 15 holdings

Data as of July 31, 2026

USPX

Apple, Inc.

7.82%

NVIDIA Corp.

7.29%

Microsoft Corp.

4.57%

Amazon.com, Inc.

3.60%

Alphabet, Inc.

3.02%

Broadcom Inc.

2.82%

Alphabet, Inc.

2.43%

Meta Platforms, Inc.

2.05%

Micron Technology, Inc.

1.60%

JPMorgan Chase & Co.

1.52%

Eli Lilly & Co.

1.49%

Berkshire Hathaway, Inc.

1.46%

Tesla, Inc.

1.38%

Advanced Micro Devices, Inc.

1.28%

ExxonMobil Holdings Corp.

1.02%

TENM

Apple, Inc.

7.85%

NVIDIA Corp.

7.57%

Microsoft Corp.

5.37%

Amazon.com, Inc.

3.69%

Alphabet, Inc.

3.13%

Broadcom Inc.

2.94%

Alphabet, Inc.

2.53%

Meta Platforms, Inc.

1.90%

Micron Technology, Inc.

1.58%

JPMorgan Chase & Co.

1.51%

Berkshire Hathaway, Inc.

1.50%

Eli Lilly & Co.

1.46%

Tesla, Inc.

1.39%

Advanced Micro Devices, Inc.

1.27%

ExxonMobil Holdings Corp.

1.04%

Frequently asked questions about USPX and TENM

USPXvsTENMETF Comparison

Franklin U.S. Equity Index ETF

iShares Large Cap 10% Target Buffer Mar ETF

USPX vs TENM performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the USPX and TENM ETFs performed in 2026?

As of September 11, 2026, USPX is up 12.44% year-to-date (YTD), while TENM has returned 8.91%. That puts USPX better performer ahead so far this year.

Which ETF is attracting more investor money: USPX or TENM?

Year-to-date, the USPX ETF saw +$199M in flows, compared to -$139M for TENM.

Which ETF is bigger: USPX or TENM?

As of September 11, 2026, USPX holds $2.07 B in assets under management (AUM), while TENM manages $46.48 M.

What sectors do the USPX and TENM ETFs invest in?

USPX leans toward sectors like Technology, Finance and Consumer Non-Cyclicals. Meanwhile, TENM focuses on Technology, Finance and Healthcare.

What are the top holdings of the USPX ETF and TENM ETF?

USPX top holdings include Apple, Inc., NVIDIA Corp. and Microsoft Corp.. TENM holds in its top three: Apple, Inc., NVIDIA Corp. and Microsoft Corp..

Which ETF is more diversified: USPX or TENM?

USPX holds 462 securities with 43.33% of its assets in the top 15. TENM has 504 securities and a top 15 weight of 44.73%.

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