BUYZ Franklin Disruptive Commerce ETF

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$35.49
−0.2% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

Over the year to Oct 28, 2026, BUYZ lost 18.5%, against 13.3% for IWV.

Holds 58 stocks in broad innovation and megatrends, 62% of its weight in S&P 500 companiesFranklin ↗Expense ratio 0.50%Fund assets $5.3m on Oct 28, 2026First traded Feb 28, 2020Benchmark Russell 3000 Index, measured by IWV, which tracks the same indexSEC filings ↗Every Franklin fund ETFIQ coversDividend history

Promise check: Not measuredIts theme exposure is measured once ETFIQ defines its theme company by company.

BUYZ risk and return scorecard

vs IWV · Mar 2020 to Oct 2026 · 346 weekly returns · dividend-adjusted

6.6 years
BUYZ +49.2%, IWV +170.7%, Mar 2020 to Oct 2026, distributions reinvested.
Return
MeasureBUYZIWVEdge
Total return+49.2%+170.7%IWV
Annualized+6.2%+16.1%IWV
Price return+48.0%+148.6%IWV
Risk
MeasureBUYZIWVEdge
Volatility30.7%18.9%IWV
Max drawdown−68.0%−24.6%IWV
Upside capture144.6%100.0%BUYZ
Downside capture125.8%100.0%IWV
Risk-adjusted
MeasureBUYZIWVEdge
Sharpe ratio0.250.73IWV
Sortino ratio0.371.09IWV
Alpha vs IWV
MeasureBUYZIWVEdge
Alpha, a year−10.0%Not significant
Alpha t-stat−1.38
Beta to IWV1.291.00Higher beta

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · Jun 30, 2026
12 months to Jun 30, 2026
−$1.8m
3 years to Jun 30, 2026
−$8.4m
5 years to Jun 30, 2026
−$18.5m

What you earned

BUYZ +3.7%, IWV +1.0%: total return over one month to Oct 28, 2026.
BUYZ+3.7%
IWV+1.0%
BUYZ +2.0%, IWV +5.5%: total return over three months to Oct 28, 2026.
BUYZ+2.0%
IWV+5.5%
BUYZ +0.4%, IWV +8.8%: total return over six months to Oct 28, 2026.
BUYZ+0.4%
IWV+8.8%
BUYZ −11.6%, IWV +13.8%: total return over the year to Oct 28, 2026.
BUYZ−11.6%
IWV+13.8%
BUYZ −18.5%, IWV +13.3%: total return over one year to Oct 28, 2026.
BUYZ−18.5%
IWV+13.3%
BUYZ +54.5%, IWV +92.8%: total return over three years to Oct 28, 2026.
BUYZ+54.5%
IWV+92.8%
BUYZ −29.7%, IWV +70.9%: total return over five years to Oct 28, 2026.
BUYZ−29.7%
IWV+70.9%
BUYZ +46.8%, IWV +175.8%: total return since launch to Oct 28, 2026.
BUYZ+46.8%
IWV+175.8%

What did you actually buy?

Broad innovation and megatrends · holdings as of Jun 30, 2026
61.5%
Already in the S&P 500
86.3%
Active share vs the S&P 500
49.2%
Top ten holdings
−18.5%
Total return, 1 year
$0.0256
Last payment, ex-date Dec 20, 2024
Share already in the S&P 500
61.5% of the fund by weight, holdings as of Jun 30, 2026.
Ten largest holdings
AMAZON.COM INC11.0%
SHOPIFY INC8.4%
APPLOVIN CORP5.3%
ALPHABET INC4.0%
META PLATFORMS INC3.9%
CARVANA COMPANY3.6%
DOORDASH INC3.3%
EBAY INC3.3%
MERCADOLIBRE INC3.3%
WALMART INC3.1%

More on BUYZ

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Price, 1 year

$35.49−0.2%1 day, priceClose, Oct 28, 2026

Price only. No distribution was paid over these days, so total return is the same. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Oct 28, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

BUYZ returns by window: total return, cash paid and price change
WindowTotal returnBenchmark (IWV)Gap to IWVS&P 500 (SPY)
1M Sep 28 – Oct 28, 2026+3.7%+1.0%+2.7 pts+0.9%
3M Jul 29 – Oct 28, 2026+2.0%+5.5%−3.5 pts+6.1%
6M Apr 29 – Oct 28, 2026+0.4%+8.8%−8.4 pts+9.1%
YTD Dec 31, 2025 – Oct 28, 2026−11.6%+13.8%−25.4 pts+14.1%
1Y Oct 28, 2025 – Oct 28, 2026−18.5%+13.3%−31.8 pts+13.6%
3Y Oct 27, 2023 – Oct 28, 2026+54.5%+92.8%−38.3 pts+95.0%
5Y Oct 29, 2021 – Oct 28, 2026−29.7%+70.9%−100.6 pts+79.8%
Since launch Feb 28, 2020 – Oct 28, 2026+46.8%+175.8%−129.0 pts+186.9%
Since launch, annualised Feb 28, 2020 – Oct 28, 2026+5.9%–––

Total returns, distributions reinvested.

Source: Tiingo end-of-day prices, with distributions reinvested.

Where every fund in this set sits

How much of its weight does it not share with the S&P 500?

Active share against the S&P 500
USNZ 23.1%IQSZ 49.1%TNXT 51.6%IETC 59.8%XIGV 60.7%CRTC 61.8%AIX 64.0%LQAI 64.9%ALAI 65.2%IVES 66.3%ILDR 67.0%PEXL 67.1%JHAI 68.1%AGIX 68.8%AIEQ 69.0%AOTG 69.1%XT 69.2%FAI 70.1%AIQ 70.2%CHAT 70.9%WTAI 71.5%XAIX 72.0%THMZ 73.5%AIFD 74.4%FRWD 74.4%CARZ 74.5%WUGI 75.2%FDTX 75.5%BAI 75.9%AIUP 76.1%TEKY 77.7%PNQI 78.9%FMET 79.1%IGPT 79.2%FDCF 79.8%ARKW 79.9%AINT 80.3%ARKQ 80.3%SHOC 80.5%SMH 80.7%SOXQ 80.8%FTXL 80.9%GGME 81.5%KNCT 81.7%PBOT 82.1%SOXX 82.3%CBOT 82.4%OGIG 82.9%UFOX 83.1%ARTY 83.2%ABOT 83.7%ARKX 83.7%MILN 83.9%SUPP 84.2%CHPX 84.3%RACK 84.3%CHPS 84.8%AGIQ 85.2%FDN 85.5%AIPO 85.8%CLOD 86.1%XDAT 86.2%SMHX 87.2%FOWF 88.4%NRSH 88.6%PCLN 89.5%DTCR 90.8%CIBR 90.9%FCLD 91.6%TMAT 91.6%RBLD 91.9%PSI 92.2%IGV 92.4%TCAI 92.7%NEWZ 94.6%TSES 94.7%MADE 94.8%PBPH 95.0%GDOC 95.4%BMED 95.6%EPAI 95.6%IFRA 95.7%PPA 96.4%WR 96.6%POWR 96.9%VOLT 96.9%YUNG 97.1%FPWR 97.2%, and 2 more at this point: IVEP 97.2%, PAVE 97.2%MISL 97.4%HVAC 97.5%, and 1 more at this point: RIFR 97.5%AV 97.6%, and 1 more at this point: TSSD 97.6%IPAY 97.7%, and 4 more at this point: ITA 97.7%, NATO 97.7%, KYC 97.8%, ZAP 97.8%DUTY 98.1%WNDR 98.1%DRES 98.2%, and 2 more at this point: TPZ 98.3%, SRVR 98.5%NFRX 98.2%IHI 98.7%DOCK 98.8%BBH 99.0%PHO 99.4%LGHT 99.5%BUYZ 86.3%BUYZ 86.3%23.1%99.5%
23.1% to 99.5% across 112

That is the share of the 112 thematic ETFs with at least half their money in S&P 500 companies sitting at or below BUYZ.

Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. Where the fund sits in this set, not a rating. Do not average it with another category's score.

55.8
IQ Themes ScoreETFIQ S&P 500 Difference Score50th of 112 · Oct 28, 2026
0.4 · lowest of 112 thematic ETFs with at least half their money in S&P 500 companies99.6 · highest

How different its holdings are from the S&P 500, ranked against 112 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

BUYZ shares 21 of its 58 holdings with the S&P 500. Counting each at the smaller of its two weights, the two overlap by 13.7%.

active share against the S&P 50086.3% · 56th pct

Money in and out

Monthly data · as of Jun 30, 2026

BUYZ: in the month to Jun 30, 2026, nothing net moved, by its SEC filing.

12 months
−$1.8m
−21.7% of $8.2m on Jun 30, 2025
Jul 1, 2025 to Jun 30, 2026
monthly, from SEC filings
3 years
−$8.4m
−79.9% of $10.5m on Jun 30, 2023
Jul 1, 2023 to Jun 30, 2026
monthly, from SEC filings
5 years
−$18.5m
−45.7% of $40.3m on Jun 30, 2021
Jul 1, 2021 to Jun 30, 2026
monthly, from SEC filings
Since Feb 2020
+$11.8m
Feb 1, 2020 to Jun 30, 2026
monthly, from SEC filings

Computed by ETFIQ from the monthly sales and redemptions BUYZ files with the SEC on Form N-PORT.

How this is computed

ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Jun 2026. Every day and month ETFIQ holds for BUYZ, back to Feb 2020, is in its flows file. Flows across every fund · How these flows are computed · Compare BUYZ with other funds in the flows tool

Month by month, money in and money outJul 2023 to Jun 2026

BUYZ, money in and money out each month from Jul 2023 to Jun 2026: two bars a month, money in above the line and money out below. Every bar is from BUYZ’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 3 and went out in 6.

Every bar is from BUYZ’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 3 and went out in 6.

MonthInOutNet
Jun 2026 SEC Form N-PORT$0$0$0
May 2026 SEC Form N-PORT$0−$1.8m−$1.8m
Apr 2026 SEC Form N-PORT$0$0$0
Mar 2026 SEC Form N-PORT$0$0$0
Feb 2026 SEC Form N-PORT$0$0$0
Jan 2026 SEC Form N-PORT$0$0$0
Dec 2025 SEC Form N-PORT$0$0$0
Nov 2025 SEC Form N-PORT$0$0$0
Oct 2025 SEC Form N-PORT$0$0$0
Sep 2025 SEC Form N-PORT$0$0$0
Aug 2025 SEC Form N-PORT$0$0$0
Jul 2025 SEC Form N-PORT$0$0$0
Jun 2025 SEC Form N-PORT$0$0$0
May 2025 SEC Form N-PORT$0$0$0
Apr 2025 SEC Form N-PORT$0−$3.3m−$3.3m
Mar 2025 SEC Form N-PORT$0$0$0
Feb 2025 SEC Form N-PORT$0−$6.0m−$6.0m
Jan 2025 SEC Form N-PORT$0$0$0
Dec 2024 SEC Form N-PORT+$3.9m$0+$3.9m
Nov 2024 SEC Form N-PORT+$1.8m$0+$1.8m
Oct 2024 SEC Form N-PORT$0$0$0
Sep 2024 SEC Form N-PORT$0$0$0
Aug 2024 SEC Form N-PORT$0$0$0
Jul 2024 SEC Form N-PORT$0$0$0
Jun 2024 SEC Form N-PORT$0−$1.6m−$1.6m
May 2024 SEC Form N-PORT$0$0$0
Apr 2024 SEC Form N-PORT$0$0$0
Mar 2024 SEC Form N-PORT$0−$3.2m−$3.2m
Feb 2024 SEC Form N-PORT$0$0$0
Jan 2024 SEC Form N-PORT$0$0$0
Dec 2023 SEC Form N-PORT+$2.9m$0+$2.9m
Nov 2023 SEC Form N-PORT$0$0$0
Oct 2023 SEC Form N-PORT$0−$1.2m−$1.2m
Sep 2023 SEC Form N-PORT$0$0$0
Aug 2023 SEC Form N-PORT$0$0$0
Jul 2023 SEC Form N-PORT$0$0$0

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Jun 30, 2026. Updated when the fund files its next report.

BUYZ key stats

52-week high, daily closes to Oct 28, 2026 (ETFIQ)$43.30 on Oct 29, 2025
52-week low, daily closes to Oct 28, 2026 (ETFIQ)$30.96 on Mar 27, 2026
Close on Oct 28, 2026, within that range (ETFIQ)$35.49, 37% of the way from the low to the high
Holdings58
Top ten holdings weight49.2%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Jun 12, 2026
Trading · BUYZas of Jun 12, 2026
·
Not scored1 of 6 measured · Jun 12, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
One dealer
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

BUYZ top ten by weight, 49.2% of the fund, of its 58 equity positions, from the holdings filed for Jun 30, 2026. Source: the fund’s SEC filing.

AMAZON.COM INC AMZN 10.99%
SHOPIFY INC SHOP 8.43%
APPLOVIN CORP APP 5.31%
ALPHABET INC GOOGL 4.02%
CARVANA COMPANY CVNA 3.64%
DOORDASH INC DASH 3.29%
EBAY INC EBAY 3.26%
MERCADOLIBRE INC MELI 3.26%
WALMART INC WMT 3.08%

Source: Holdings filing (SEC Form N-PORT).

About BUYZ

Theme (ETFIQ, editorial)Broad innovation and megatrends
First tradedFeb 28, 2020
Already in the S&P 500, by weight (ETFIQ)61.5%
Outside the S&P 500, by weight (ETFIQ)38%
Active share vs the S&P 500 (ETFIQ)86.3%
Already in the Nasdaq-100, by weight (ETFIQ)53.2%
Active share vs the Nasdaq-100 (ETFIQ)79.6%
Top ten holdings weight49.2%
Holdings58
Holdings as of (SEC N-PORT)Jun 30, 2026
Top holdingsAMAZON.COM INC 11.0%, SHOPIFY INC 8.4%, APPLOVIN CORP 5.3%, ALPHABET INC 4.0%, META PLATFORMS INC 3.9%, CARVANA COMPANY 3.6%, DOORDASH INC 3.3%, EBAY INC 3.3%, MERCADOLIBRE INC 3.3%, WALMART INC 3.1%
Net assets (issuer page, as of Oct 28, 2026)$5.3mReport
Benchmark (ETFIQ, from its filings)Russell 3000 Index, measured by IWV, which tracks the same index
Benchmark named inits shareholder report, N-CSR, Jun 3, 2026
BUYZ, 1 year to Oct 28, 2026−18.5%
IWV, the same days+13.3%
Against its benchmark, 1 year (ETFIQ)−31.8 pts
Below its all-time high (ETFIQ)−42.9%
Expense ratio (485BPOS XBRL, Jul 27, 2026)0.50%Report
Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ)0.58%
Closest funds by holdings overlapPNQI 42%, AIUP 40%, MILN 36%, OGIG 32%, AINT 32%
Against its benchmark, 1 yearbehind by 31.8 pts
Below its all-time high42.9%, high on Feb 12, 2021
How we measure
The top ten holdings are 49% of the fund across 58 positions, as filed for Jun 30, 2026. Over the year to Oct 28, 2026 the fund returned −18.5% with distributions reinvested against +13.3% for its benchmark, the Russell 3000 Index, so a holder was behind by 31.8 pts. It sits 42.9% below its all-time high of Feb 12, 2021.
Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested. Method
IQ Investment Committee on BUYZ

12 seats on BUYZ, as of Oct 28, 2026: 2 Mixed, 9 Challenges, 1 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyChallenges
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityChallenges
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceChallenges
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskChallenges
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationChallenges
In the tradition ofJesse LivermoreLivermore-style Trend FollowingMixed
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatMixed
Put BUYZ to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about BUYZ

How much of BUYZ is in S&P 500 companies?
By its holdings filed for Jun 30, 2026, 62% of BUYZ by weight is stocks the S&P 500 already holds. Its active share against the index is 86%, so that share is the part doing something different.
What does BUYZ hold?
58 positions as filed for Jun 30, 2026, with the top ten at 49% of the fund. The largest are AMAZON.COM INC at 11.0%, SHOPIFY INC at 8.4%, APPLOVIN CORP at 5.3%.
Has BUYZ beaten the S&P 500?
Over the year to Oct 28, 2026 BUYZ returned −18.5% with distributions reinvested, against +13.6% for the S&P 500, so it finished behind the index by 32.1 points.
What does BUYZ cost?
The prospectus expense ratio is 0.50% a year. Because 86% of the fund differs from the S&P 500, the fee on that differing part works out at 0.58%.
Sources and dates
Prices, BUYZ, Benchmark (IWV) and S&P 500 (SPY)Tiingo end-of-day · Oct 28, 2026
Net assets, $5.3mIssuer page · Oct 28, 2026

Links are sources, not endorsements.

Cite this pageCitation, APA and Markdown

ETFIQ, BUYZ, thematic ETFs, data as of Oct 28, 2026. https://etfiq.com/funds/buyz

The difference bar for BUYZ, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

How differently the money is placed, counting weights: one minus the sum of the smaller weight of each security across the fund and the index. 100% means nothing in common; 0% means the index itself. Two funds can hold the same names and still have a high active share if they weight them very differently.
Weight overlap
The share of money two portfolios hold in the same securities at the same weight.
Already in the index
The fund’s weight in securities the S&P 500 holds at all. A fund can be made entirely of index names and still have high active share, because it holds them at different weights.
The weight of the ten largest holdings. Above 50% the fund is a bet on a handful of companies, whatever the theme.
Embed this chart

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BUYZ: 62% of BUYZ's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Jun 30, 2026.
<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/buyz"><img src="https://etfiq.com/assistant/api/embed/themes/buyz.svg" alt="BUYZ: 62% of BUYZ&#x27;s weight is in S&amp;P 500 companies and 39% is outside the index. Holdings as of Jun 30, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">BUYZ: 62% of BUYZ&#x27;s weight is in S&amp;P 500 companies and 39% is outside the index. Holdings as of Jun 30, 2026. Data: <a href="https://etfiq.com/funds/buyz">ETFIQ</a></figcaption>
</figure>

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Snapshot, Oct 28, 2026. More on the tabs above.