ATLASFranklin U.S. Equity Index ETF (USPX): outlook, holdings and fees
Franklin U.S. Equity Index ETF (USPX) is an exchange-traded fund and is managed by Franklin Templeton, Inc. The expense ratio is 0.03% and the yield is 1.02%. The ten largest holdings are 39% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on USPX
| Last price | $66.15 (+0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $64.96 – $68.05 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 1.02% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
USPX fund facts
| Issuer | Franklin Templeton, Inc |
|---|---|
| Theme | US large caps |
| Assets under management | $2.1B |
| Expense ratio | 0.03% |
| Number of holdings | 50 |
| Portfolio turnover | 6% |
| Inception | Jun 1, 2016 |
| Exchange | NYSE |
The fund invests at least 80% of its assets in the component securities of the underlying index. The index is a free float-adjusted market capitalization weighted index that is maintained and calculated by Morningstar, Inc. (Morningstar or index provider). The underlying index includes large- and mid-capitalization stocks representing the top 85% of the investable universe (i.e., U.S. equity market) by float-adjusted market capitalization. The fund is non-diversified.
USPX top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 7.93% |
| Apple Inc. AAPL | Technology | 7.52% |
| Microsoft Corporation MSFT | Technology | 5.63% |
| Amazon.com Inc AMZN | Consumer Cyclical | 3.97% |
| Alphabet Inc Class A GOOGL | Communication Services | 3.09% |
| Broadcom Inc AVGO | Technology | 2.53% |
| Alphabet Inc Class C GOOG | Communication Services | 2.46% |
| Meta Platforms Inc. META | Communication Services | 2.41% |
| Micron Technology Inc MU | Technology | 1.77% |
| Tesla Inc TSLA | Consumer Cyclical | 1.54% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
USPX sector breakdown
| Sector | Weight |
|---|---|
| Technology | 41.3% |
| Financial Services | 10.9% |
| Communication Services | 10.0% |
| Healthcare | 8.8% |
| Consumer Cyclicals | 8.6% |
| Industrials | 7.9% |
| Consumer Defensive | 4.3% |
| Energy | 3.3% |
| Utilities | 1.9% |
| Real Estate | 1.5% |
| Basic Materials | 1.5% |
By region: North America 99.4%, Europe Developed 0.3%, Latin America 0.2%.
USPX returns and risk
| Year to date | +15.0% |
|---|---|
| 1 year | +16.7% |
| 3 years (annualised) | +22.8% |
| 5 years (annualised) | +13.2% |
| 10 years (annualised) | +12.8% |
| Volatility (3 years) | 12.6% |
| Sharpe ratio (3 years) | 1.29 |
Past returns do not guarantee future results.
USPX: frequently asked questions
What does USPX invest in?
Franklin U.S. Equity Index ETF invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (7.9%), Apple Inc. (7.5%), Microsoft Corporation (5.6%), Amazon.com Inc (4.0%), Alphabet Inc Class A (3.1%).
What is the USPX expense ratio?
0.03% a year: about $3.00 for every $10,000 invested.
What is the USPX dividend yield?
1.02%. ATLAS does not hold the exact distribution dates for ETFs.
Will USPX go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $64.96 to $68.05 from $66.15 today. It is a probability, not a prediction.
How has USPX performed?
Year to date +15.0%, one year +16.7%, three years +22.8% a year, five years +13.2% a year. Past returns do not guarantee future results.
Similar ETFs: US large caps
- Vanguard Total Stock Market ETF (VTI)
- Schwab U.S. Dividend Equity ETF (SCHD)
- iShares Core S&P Total U.S. Stock Market ETF (ITOT)
- Schwab U.S. Large-Cap ETF (SCHX)
- Schwab U.S. Large-Cap Growth ETF (SCHG)
- Vanguard Morningstar Large-Cap ETF (VV)
- Dimensional U.S. Core Equity 2 ETF (DFAC)
- iShares MSCI USA Quality Factor ETF (QUAL)
Educational information, not investment advice. Disclaimer