# EDGAR Filing Document

**Accession Number:** 0001655589
**File Stem:** 0000940400-26-008688
**Filing Date:** 2026-2
**Character Count:** 45103
**Document Hash:** 9570949c48e61465761b1fa3135761b4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-008688.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000940400-26-008688

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin Templeton ETF Trust
- **CENTRAL INDEX KEY:** 0001655589

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23124
- **FILM NUMBER:** 26687492

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403

## Series and Classes Contracts Data

### Templeton International Insights ETF (Series ID: S000095580)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000264307 | Templeton International Insights ETF |  |

## Nport-Ex

Schedule of Investments (unaudited)

December 31, 2025

 **Templeton International Insights ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| **Common Stocks — 95.4%** | **Common Stocks — 95.4%** | **Common Stocks — 95.4%** |
| **Communication Services — 3.2%** | **Communication Services — 3.2%** | **Communication Services — 3.2%** |
| *Diversified Telecommunication Services — 1.5%* | *Diversified Telecommunication Services — 1.5%* | *Diversified Telecommunication Services — 1.5%* |
| &nbsp;&nbsp;&nbsp; Deutsche Telekom AG | &nbsp;&nbsp; 2439 | &nbsp;&nbsp;&nbsp; $*79232*<br>|
| *Entertainment — 1.7%* | *Entertainment — 1.7%* | *Entertainment — 1.7%* |
| &nbsp;&nbsp;&nbsp; Universal Music Group NV | &nbsp;&nbsp; 3356 | &nbsp;&nbsp;&nbsp; *87618*<br>|
| **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **166850** |
| **Consumer Discretionary — 10.3%** | **Consumer Discretionary — 10.3%** | **Consumer Discretionary — 10.3%** |
| *Automobiles — 3.8%* | *Automobiles — 3.8%* | *Automobiles — 3.8%* |
| &nbsp;&nbsp;&nbsp; BYD Co. Ltd., Class H Shares | &nbsp;&nbsp; 6800 | &nbsp;&nbsp;&nbsp; 83302<br>|
| &nbsp;&nbsp;&nbsp; Toyota Motor Corp. | &nbsp;&nbsp; 5200 | &nbsp;&nbsp;&nbsp; 111335<br>|
| *Total Automobiles* | *Total Automobiles* | &nbsp;&nbsp; *194637* |
| *Broadline Retail — 2.7%* | *Broadline Retail — 2.7%* | *Broadline Retail — 2.7%* |
| &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd. | &nbsp;&nbsp; 7600 | &nbsp;&nbsp;&nbsp; *139433*<br>|
| *Specialty Retail — 1.4%* | *Specialty Retail — 1.4%* | *Specialty Retail — 1.4%* |
| &nbsp;&nbsp;&nbsp; JD Sports Fashion PLC | &nbsp;&nbsp; 65734 | &nbsp;&nbsp;&nbsp; *74676*<br>|
| *Textiles, Apparel & Luxury Goods — 2.4%* | *Textiles, Apparel & Luxury Goods — 2.4%* | *Textiles, Apparel & Luxury Goods — 2.4%* |
| &nbsp;&nbsp;&nbsp; LVMH Moet Hennessy Louis Vuitton SE | &nbsp;&nbsp; 163 | &nbsp;&nbsp;&nbsp; *123476*<br>|
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **532222** |
| **Consumer Staples — 4.4%** | **Consumer Staples — 4.4%** | **Consumer Staples — 4.4%** |
| *Beverages — 2.1%* | *Beverages — 2.1%* | *Beverages — 2.1%* |
| &nbsp;&nbsp;&nbsp; Heineken NV | &nbsp;&nbsp; 1322 | &nbsp;&nbsp;&nbsp; *108280*<br>|
| *Food Products — 0.1%* | *Food Products — 0.1%* | *Food Products — 0.1%* |
| &nbsp;&nbsp;&nbsp; Magnum Ice Cream Co. NV | &nbsp;&nbsp; 381 | &nbsp;&nbsp;&nbsp; *6,034*<br> \*<br>|
| *Personal Care Products — 2.2%* | *Personal Care Products — 2.2%* | *Personal Care Products — 2.2%* |
| &nbsp;&nbsp;&nbsp; Unilever PLC | &nbsp;&nbsp; 1693 | &nbsp;&nbsp;&nbsp; *110659*<br>|
| **Total Consumer Staples** | **Total Consumer Staples** | &nbsp;&nbsp; **224973** |
| **Energy — 7.5%** | **Energy — 7.5%** | **Energy — 7.5%** |
| *Oil, Gas & Consumable Fuels — 7.5%* | *Oil, Gas & Consumable Fuels — 7.5%* | *Oil, Gas & Consumable Fuels — 7.5%* |
| &nbsp;&nbsp;&nbsp; BP PLC | &nbsp;&nbsp; 28686 | &nbsp;&nbsp;&nbsp; 166992<br>|
| &nbsp;&nbsp;&nbsp; Galp Energia SGPS SA | &nbsp;&nbsp; 4623 | &nbsp;&nbsp;&nbsp; 79434<br>|
| &nbsp;&nbsp;&nbsp; Shell PLC | &nbsp;&nbsp; 3830 | &nbsp;&nbsp;&nbsp; 141152<br>|
| **Total Energy** | **Total Energy** | &nbsp;&nbsp; **387578** |
| **Financials — 24.4%** | **Financials — 24.4%** | **Financials — 24.4%** |
| *Banks — 14.5%* | *Banks — 14.5%* | *Banks — 14.5%* |
| &nbsp;&nbsp;&nbsp; HDFC Bank Ltd., ADR | &nbsp;&nbsp; 3545 | &nbsp;&nbsp;&nbsp; 129534<br>|
| &nbsp;&nbsp;&nbsp; ING Groep NV | &nbsp;&nbsp; 5084 | &nbsp;&nbsp;&nbsp; 143361<br>|
| &nbsp;&nbsp;&nbsp; Japan Post Bank Co. Ltd. | &nbsp;&nbsp; 7200 | &nbsp;&nbsp;&nbsp; 101469<br>|
| &nbsp;&nbsp;&nbsp; Mizuho Financial Group Inc. | &nbsp;&nbsp; 2900 | &nbsp;&nbsp;&nbsp; 105458<br>|
| &nbsp;&nbsp;&nbsp; Royal Bank of Canada | &nbsp;&nbsp; 876 | &nbsp;&nbsp;&nbsp; 149535<br>|
| &nbsp;&nbsp;&nbsp; Standard Chartered PLC | &nbsp;&nbsp; 5009 | &nbsp;&nbsp;&nbsp; 122755<br>|
| *Total Banks* | *Total Banks* | &nbsp;&nbsp; *752112* |
| *Capital Markets — 5.2%* | *Capital Markets — 5.2%* | *Capital Markets — 5.2%* |
| &nbsp;&nbsp;&nbsp; Euronext NV | &nbsp;&nbsp; 914 | &nbsp;&nbsp;&nbsp; 137401<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; UBS Group AG, Registered Shares | &nbsp;&nbsp; 2824 | &nbsp;&nbsp;&nbsp; 130780<br>|
| *Total Capital Markets* | *Total Capital Markets* | &nbsp;&nbsp; *268181* |
| *Insurance — 4.7%* | *Insurance — 4.7%* | *Insurance — 4.7%* |
| &nbsp;&nbsp;&nbsp; AIA Group Ltd. | &nbsp;&nbsp; 11800 | &nbsp;&nbsp;&nbsp; 121131<br>|

---

See Notes to Schedule of Investments.

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Templeton International Insights ETF 2025 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

December 31, 2025

 **Templeton International Insights ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| *Insurance — continued* | *Insurance — continued* | *Insurance — continued* |
| &nbsp;&nbsp;&nbsp; Manulife Financial Corp. | &nbsp;&nbsp; 3384 | &nbsp;&nbsp;&nbsp; $123041<br>|
| *Total Insurance* | *Total Insurance* | &nbsp;&nbsp; *244172* |
| **Total Financials** | **Total Financials** | &nbsp;&nbsp; **1264465** |
| **Health Care — 10.7%** | **Health Care — 10.7%** | **Health Care — 10.7%** |
| *Health Care Providers & Services — 1.1%* | *Health Care Providers & Services — 1.1%* | *Health Care Providers & Services — 1.1%* |
| &nbsp;&nbsp;&nbsp; Fresenius Medical Care AG | &nbsp;&nbsp; 1238 | &nbsp;&nbsp;&nbsp; *59264*<br>|
| *Life Sciences Tools & Services — 1.7%* | *Life Sciences Tools & Services — 1.7%* | *Life Sciences Tools & Services — 1.7%* |
| &nbsp;&nbsp;&nbsp; ICON PLC | &nbsp;&nbsp; 476 | &nbsp;&nbsp;&nbsp; *86,736*<br> \*<br>|
| *Pharmaceuticals — 7.9%* | *Pharmaceuticals — 7.9%* | *Pharmaceuticals — 7.9%* |
| &nbsp;&nbsp;&nbsp; AstraZeneca PLC | &nbsp;&nbsp; 1170 | &nbsp;&nbsp;&nbsp; 217014<br>|
| &nbsp;&nbsp;&nbsp; Novo Nordisk A/S, Class B Shares | &nbsp;&nbsp; 1477 | &nbsp;&nbsp;&nbsp; 75539<br>|
| &nbsp;&nbsp;&nbsp; Sanofi SA | &nbsp;&nbsp; 1183 | &nbsp;&nbsp;&nbsp; 114929<br>|
| *Total Pharmaceuticals* | *Total Pharmaceuticals* | &nbsp;&nbsp; *407482* |
| **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **553482** |
| **Industrials — 12.3%** | **Industrials — 12.3%** | **Industrials — 12.3%** |
| *Commercial Services & Supplies — 1.6%* | *Commercial Services & Supplies — 1.6%* | *Commercial Services & Supplies — 1.6%* |
| &nbsp;&nbsp;&nbsp; Securitas AB, Class B Shares | &nbsp;&nbsp; 5320 | &nbsp;&nbsp;&nbsp; *84946*<br>|
| *Construction & Engineering — 2.2%* | *Construction & Engineering — 2.2%* | *Construction & Engineering — 2.2%* |
| &nbsp;&nbsp;&nbsp; Vinci SA | &nbsp;&nbsp; 801 | &nbsp;&nbsp;&nbsp; *112935*<br>|
| *Electrical Equipment — 4.4%* | *Electrical Equipment — 4.4%* | *Electrical Equipment — 4.4%* |
| &nbsp;&nbsp;&nbsp; Mitsubishi Electric Corp. | &nbsp;&nbsp; 5900 | &nbsp;&nbsp;&nbsp; 172583<br>|
| &nbsp;&nbsp;&nbsp; Siemens Energy AG | &nbsp;&nbsp; 373 | &nbsp;&nbsp;&nbsp; 52,744<br> \*<br>|
| *Total Electrical Equipment* | *Total Electrical Equipment* | &nbsp;&nbsp; *225327* |
| *Machinery — 4.1%* | *Machinery — 4.1%* | *Machinery — 4.1%* |
| &nbsp;&nbsp;&nbsp; Daimler Truck Holding AG | &nbsp;&nbsp; 1720 | &nbsp;&nbsp;&nbsp; 75388<br>|
| &nbsp;&nbsp;&nbsp; Ebara Corp. | &nbsp;&nbsp; 5900 | &nbsp;&nbsp;&nbsp; 138669<br>|
| *Total Machinery* | *Total Machinery* | &nbsp;&nbsp; *214057* |
| **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **637265** |
| **Information Technology — 11.8%** | **Information Technology — 11.8%** | **Information Technology — 11.8%** |
| *Semiconductors & Semiconductor Equipment — 7.3%* | *Semiconductors & Semiconductor Equipment — 7.3%* | *Semiconductors & Semiconductor Equipment — 7.3%* |
| &nbsp;&nbsp;&nbsp; ASM International NV | &nbsp;&nbsp; 121 | &nbsp;&nbsp;&nbsp; 73555<br>|
| &nbsp;&nbsp;&nbsp; Infineon Technologies AG | &nbsp;&nbsp; 2047 | &nbsp;&nbsp;&nbsp; 90707<br>|
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co. Ltd., ADR | &nbsp;&nbsp; 696 | &nbsp;&nbsp;&nbsp; 211508<br>|
| *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | &nbsp;&nbsp; *375770* |
| *Software — 1.3%* | *Software — 1.3%* | *Software — 1.3%* |
| &nbsp;&nbsp;&nbsp; SAP SE | &nbsp;&nbsp; 281 | &nbsp;&nbsp;&nbsp; *68760*<br>|
| *Technology Hardware, Storage & Peripherals — 3.2%* | *Technology Hardware, Storage & Peripherals — 3.2%* | *Technology Hardware, Storage & Peripherals — 3.2%* |
| &nbsp;&nbsp;&nbsp; Samsung Electronics Co. Ltd., GDR | &nbsp;&nbsp; 80 | &nbsp;&nbsp;&nbsp; *166464*<br>|
| **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **610994** |
| **Materials — 5.6%** | **Materials — 5.6%** | **Materials — 5.6%** |
| *Chemicals — 2.0%* | *Chemicals — 2.0%* | *Chemicals — 2.0%* |
| &nbsp;&nbsp;&nbsp; Akzo Nobel NV | &nbsp;&nbsp; 1531 | &nbsp;&nbsp;&nbsp; *106447*<br>|
| *Containers & Packaging — 1.6%* | *Containers & Packaging — 1.6%* | *Containers & Packaging — 1.6%* |
| &nbsp;&nbsp;&nbsp; Smurfit WestRock PLC | &nbsp;&nbsp; 2098 | &nbsp;&nbsp;&nbsp; *81017*<br>|
| *Metals & Mining — 2.0%* | *Metals & Mining — 2.0%* | *Metals & Mining — 2.0%* |
| &nbsp;&nbsp;&nbsp; Norsk Hydro ASA | &nbsp;&nbsp; 13330 | &nbsp;&nbsp;&nbsp; *103343*<br>|
| **Total Materials** | **Total Materials** | &nbsp;&nbsp; **290807** |

---

See Notes to Schedule of Investments.

------

Templeton International Insights ETF 2025 Quarterly Report

------

 **Templeton International Insights ETF**

(Percentages shown based on Fund net assets)

---

| | | | |
|:---|:---|:---|:---|
| Security |  | Shares | Value |
| **Utilities — 5.2%** | **Utilities — 5.2%** | **Utilities — 5.2%** | **Utilities — 5.2%** |
| *Electric Utilities — 3.2%* | *Electric Utilities — 3.2%* | *Electric Utilities — 3.2%* | *Electric Utilities — 3.2%* |
| &nbsp;&nbsp;&nbsp; SSE PLC | &nbsp;&nbsp;&nbsp; SSE PLC | &nbsp;&nbsp; 5591 | &nbsp;&nbsp;&nbsp; $*163864*<br>|
| *Multi-Utilities — 2.0%* | *Multi-Utilities — 2.0%* | *Multi-Utilities — 2.0%* | *Multi-Utilities — 2.0%* |
| &nbsp;&nbsp;&nbsp; Veolia Environnement SA | &nbsp;&nbsp;&nbsp; Veolia Environnement SA | &nbsp;&nbsp; 2949 | &nbsp;&nbsp;&nbsp; *102934*<br>|
| **Total Utilities** | **Total Utilities** | **Total Utilities** | &nbsp;&nbsp; **266798** |
| **Total Investments before Short-Term Investments (Cost — $4,736,745)** | **Total Investments before Short-Term Investments (Cost — $4,736,745)** | **Total Investments before Short-Term Investments (Cost — $4,736,745)** | &nbsp;&nbsp; **4935434** |
|  | Rate |  |  |
| **Short-Term Investments — 4.6%** | **Short-Term Investments — 4.6%** | **Short-Term Investments — 4.6%** | **Short-Term Investments — 4.6%** |
| &nbsp;&nbsp;&nbsp; Franklin Institutional U.S. Government Money Market Fund, Class A Shares <br>(Cost — $238,449)  | &nbsp;&nbsp; 3.620% | &nbsp;&nbsp; 238449<br>| &nbsp;&nbsp;&nbsp;&nbsp; **238449**<br> <sup>(b)(c)(d)</sup><br>|
| **Total Investments — 100.0% (Cost — $4,975,194)** | **Total Investments — 100.0% (Cost — $4,975,194)** | **Total Investments — 100.0% (Cost — $4,975,194)** | &nbsp;&nbsp; **5173883** |
| &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 0.0%†† | &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 0.0%†† | &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 0.0%†† | &nbsp;&nbsp;&nbsp; 744 |
| **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | &nbsp;&nbsp; **$5174627** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| †† | Represents less than 0.1%. |
| \* | Non-income producing security. |
| <sup>(a)</sup> | Security is exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in transactions that are exempt from <br> registration, normally to qualified institutional buyers. This security has been deemed liquid pursuant to guidelines approved by the Board of Trustees.<br>|
| <sup>(b)</sup> | Rate shown is one-day yield as of the end of the reporting period.  |
| <sup>(c)</sup> | In this instance, as defined in the Investment Company Act of 1940, an "Affiliated Company" represents Fund ownership of at least 5% of the outstanding <br> voting securities of an issuer, or a company which is under common ownership or control with the Fund. At December 31, 2025, the total market value of <br> investments in Affiliated Companies was $238,449 and the cost was $238,449 (Note 2).<br>|
| <sup>(d)</sup> | Prior to September 23, 2025, known as Institutional Fiduciary Trust — Money Market Portfolio. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** |
| ADR |  | American Depositary Receipts |
| GDR |  | Global Depositary Receipts |

---

This Schedule of Investments is unaudited and is intended to provide information about the Fund's investments as of the date of the schedule.

See Notes to Schedule of Investments.

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Templeton International Insights ETF 2025 Quarterly Report

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Notes to Schedule of Investments (unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**1. Organization and significant accounting policies** 

Templeton International Insights ETF (the "Fund") is a separate non-diversified investment series of Franklin Templeton ETF Trust (the "Trust"). The Trust, a Delaware statutory trust, is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end management investment company. The Fund commenced operations on October 21, 2025.

The Fund is an actively managed exchange-traded fund ("ETF"). ETFs are funds that trade like other publicly-traded securities. Unlike shares of a mutual fund, which can be bought from and redeemed by the issuing fund by all shareholders at a price based on net asset value ("NAV"), shares of the Fund may be directly purchased from and redeemed by the Fund at NAV solely by certain large institutional investors who have entered into agreements with the Fund's distributor ("Authorized Participants"). Also unlike shares of a mutual fund, shares of the Fund are listed on a national securities exchange and trade in the secondary market at market prices that change throughout the day.

Shares of the Fund are listed and traded at market prices on NYSE Arca, Inc. The market price for the Fund's shares may be different from the Fund's NAV. The Fund issues and redeems shares at NAV only in blocks of a specified number of shares or multiples thereof ("Creation Units"). Only Authorized Participants may purchase or redeem Creation Units directly with the Fund at NAV. Creation Units are created and redeemed principally in-kind (although under some circumstances its shares are created and redeemed partially for cash). Except when aggregated in Creation Units, shares of the Fund are not redeemable securities. Shareholders who are not Authorized Participants may not redeem shares directly from the Fund at NAV.

The Fund seeks long-term capital growth.

The Fund follows the accounting and reporting guidance in Financial Accounting Standards Board ("FASB") Accounting Standards Codification Topic 946, *Financial Services – Investment Companies* ("ASC 946"). The following are significant accounting policies consistently followed by the Fund and are in conformity with U.S. generally accepted accounting principles ("GAAP"), including, but not limited to, ASC 946.

**(a) Investment valuation.** Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade. The valuations for fixed income securities (which may include, but are not limited to, corporate, government, municipal, mortgage-backed, collateralized mortgage obligations and asset-backed securities) and certain derivative instruments are typically the prices supplied by independent third party pricing services, which may use market prices or broker/dealer quotations or a variety of valuation techniques and methodologies. The independent third party pricing services typically use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar securities. Investments in open-end funds are valued at the closing net asset value per share of each fund on the day of valuation. When the Fund holds securities or other assets that are denominated in a foreign currency, the Fund will normally use the currency exchange rates as of 4:00 p.m. (Eastern Time). If independent third party pricing services are unable to supply prices for a portfolio investment, or if the prices supplied are deemed by the manager to be unreliable, the market price may be determined by the manager using quotations from one or more broker/dealers or at the transaction price if the security has recently been purchased and no value has yet been obtained from a pricing service or pricing broker. When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the Fund calculates its net asset value, the Fund values these securities as determined in accordance with procedures approved by the Fund's Board of Trustees (the "Board").

Pursuant to policies adopted by the Board, the Fund's manager has been designated as the valuation designee and is responsible for the oversight of the daily valuation process. The Fund's manager is assisted by the Global Fund Valuation Committee (the "Valuation Committee"). The Valuation Committee is responsible for making fair value determinations, evaluating the effectiveness of the Fund's pricing policies, and reporting to the Fund's manager and the Board. When determining the reliability of third party pricing information for investments owned by the Fund, the Valuation Committee, among other things, conducts due diligence reviews of pricing vendors, monitors the daily change in prices and reviews transactions among market participants.

The Valuation Committee will consider pricing methodologies it deems relevant and appropriate when making fair value determinations. Examples of possible methodologies include, but are not limited to, multiple of earnings; discount from market of a similar freely traded security; discounted cash-flow analysis; book value or a multiple thereof; risk premium/yield analysis; yield to maturity; and/or fundamental investment analysis. The Valuation Committee will also consider factors it deems relevant and appropriate in light of the facts and circumstances. Examples of possible factors include, but are not

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Templeton International Insights ETF 2025 Quarterly Report

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limited to, the type of security; the issuer's financial statements; the purchase price of the security; the discount from market value of unrestricted securities of the same class at the time of purchase; analysts' research and observations from financial institutions; information regarding any transactions or offers with respect to the security; the existence of merger proposals or tender offers affecting the security; the price and extent of public trading in similar securities of the issuer or comparable companies; and the existence of a shelf registration for restricted securities.

For each portfolio security that has been fair valued pursuant to the policies adopted by the Board, the fair value price is compared against the last available and next available market quotations. The Valuation Committee reviews the results of such back testing monthly and fair valuation occurrences are reported to the Board quarterly.

The Fund uses valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.

GAAP establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:

• Level 1 — unadjusted quoted prices in active markets for identical investments

• Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 — significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Fund's assets carried at fair value: <br>

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Common Stocks† | &nbsp;&nbsp; $4935434 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $4935434 |
| Short-Term Investments† | &nbsp;&nbsp; 238449 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 238449 |
| **Total Investments** | &nbsp;&nbsp; **$5173883** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **$5173883** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

† See Schedule of Investments for additional detailed categorizations.

**2. Transactions with affiliated company**

As defined by the 1940 Act, an affiliated company is one in which the Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control with the Fund. The following company was considered an affiliated company for all or some portion of the period ended December 31, 2025. The following transactions were effected in such company for the period ended December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Affiliate <br>Value at <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>October 21, 2025 <br>(inception date) | Purchased | Purchased | Sold | Sold |
|  | Affiliate <br>Value at <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>October 21, 2025 <br>(inception date) | Cost | Shares | Proceeds | Shares |
| Franklin Institutional U.S. <br> Government Money <br> Market Fund, Class A <br> Shares<sup>(a)</sup> <br>|  | $514651 | 514651 | $276202 | 276202 |

---

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Templeton International Insights ETF 2025 Quarterly Report

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Notes to Schedule of Investments (unaudited) (cont'd)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

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| | | | | |
|:---|:---|:---|:---|:---|
| (cont'd) | Realized <br>Gain (Loss)<br>| Dividend <br>Income<br>| Net Increase <br>(Decrease) in <br>Unrealized <br>Appreciation <br>(Depreciation)<br>| Affiliate <br>Value at <br>December 31, <br>2025<br>|
| Franklin Institutional U.S. <br> Government Money Market <br> Fund, Class A Shares<sup>(a)</sup> <br>|  | $1852 |  | $238449 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Prior to September 23, 2025, known as Institutional Fiduciary Trust — Money Market Portfolio.

------

Templeton International Insights ETF 2025 Quarterly Report

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Franklin Templeton ETF Trust

- **b. Investment Company Act file number:** 811-23124

- **c. CIK number of Registrant:** 0001655589

- **d. LEI of Registrant:** 549300UHXVPT5S43XV04

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Templeton International Insights ETF

- **b. EDGAR series identifier (if any):** S000095580

- **c. LEI of Series:** 254900WUG7069HIUWR69

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $5176418.65

**Total Liabilities:** $2379.92

**Net Assets:** $5174038.73

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000264307 | -0.44%               | 1.29%                | 2.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1357.13                 | $-25282.42                                 |
| Month 2  | $-11391.22               | $69243.14                                  |
| Month 3  | $-11483.05               | $154728.48                                 |

### Schedule of Portfolio Investments

| Name                                                   | Title                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Smurfit WestRock PLC                                   | Smurfit WestRock PLC                                   | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |      2098 | NS      | $81017.15     | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                                       | Novo Nordisk A/S                                       | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |      1477 | NS      | $75538.44     | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Electric Corp                               | Mitsubishi Electric Corp                               | CUSIP: 000000000<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |      5900 | NS      | $172582.86    | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Ebara Corp                                             | Ebara Corp                                             | CUSIP: 000000000<br>LEI: 353800UV8U3SOMCDTI49 | Long             | EC               | CORP              | JP        |      5900 | NS      | $138668.54    | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ASM International NV                                   | ASM International NV                                   | CUSIP: 000000000<br>LEI: 7245001I22ND6ZFHX623 | Long             | EC               | CORP              | NL        |       121 | NS      | $73555.37     | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken NV                                            | Heineken NV                                            | CUSIP: 000000000<br>LEI: 724500K5PTPSST86UQ23 | Long             | EC               | CORP              | NL        |      1322 | NS      | $108279.97    | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Manulife Financial Corp                                | Manulife Financial Corp                                | CUSIP: 56501R106<br>LEI: 5493007GBX87QOZACS27 | Long             | EC               | CORP              | CA        |      3384 | NS      | $123041.08    | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                              | Sanofi SA                                              | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |      1183 | NS      | $114929.10    | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Securitas AB                                           | Securitas AB                                           | CUSIP: 000000000<br>LEI: 635400TTYKE8EIWDS617 | Long             | EC               | CORP              | SE        |      5320 | NS      | $84946.41     | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Veolia Environnement SA                                | Veolia Environnement SA                                | CUSIP: 000000000<br>LEI: 969500LENY69X51OOT31 | Long             | EC               | CORP              | FR        |      2949 | NS      | $102933.87    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Music Group NV                               | Universal Music Group NV                               | CUSIP: 000000000<br>LEI: 724500GJBUL3D9TW9Y18 | Long             | EC               | CORP              | NL        |      3356 | NS      | $87618.57     | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitt                         | LVMH Moet Hennessy Louis Vuitton SE                    | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |       163 | NS      | $123475.86    | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Akzo Nobel NV                                          | Akzo Nobel NV                                          | CUSIP: 000000000<br>LEI: 724500XYIJUGXAA5QD70 | Long             | EC               | CORP              | NL        |      1531 | NS      | $106446.56    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD Co Ltd                                             | BYD Co Ltd                                             | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |      6800 | NS      | $83301.86     | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Motor Corp                                      | Toyota Motor Corp                                      | CUSIP: 000000000<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |      5200 | NS      | $111334.97    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                                   | Taiwan Semiconductor Manufacturing Co Ltd              | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |       696 | NS      | $211507.44    | 4.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd                                          | AIA Group Ltd                                          | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |     11800 | NS      | $121130.60    | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                                   | Royal Bank of Canada                                   | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |       876 | NS      | $149535.10    | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Daimler Truck Holding AG                               | Daimler Truck Holding AG                               | CUSIP: 000000000<br>LEI: 529900PW78JIYOUBSR24 | Long             | EC               | CORP              | DE        |      1720 | NS      | $75388.45     | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Post Bank Co Ltd                                 | Japan Post Bank Co Ltd                                 | CUSIP: 000000000<br>LEI: 5493006JVO6N2HC2XZ76 | Long             | EC               | CORP              | JP        |      7200 | NS      | $101469.27    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep NV                                           | ING Groep NV                                           | CUSIP: 000000000<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |      5084 | NS      | $143361.47    | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                                 | SAP SE                                                 | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |       281 | NS      | $68759.79     | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                                          | HDFC Bank Ltd                                          | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |      3545 | NS      | $129534.30    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Financial Group Inc                             | Mizuho Financial Group Inc                             | CUSIP: 000000000<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |      2900 | NS      | $105457.91    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Galp Energia SGPS SA                                   | Galp Energia SGPS SA                                   | CUSIP: 000000000<br>LEI: 2138003319Y7NM75FG53 | Long             | EC               | CORP              | PT        |      4623 | NS      | $79433.36     | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresenius Medical Care AG                              | Fresenius Medical Care AG                              | CUSIP: 000000000<br>LEI: 549300CP8NY40UP89Q40 | Long             | EC               | CORP              | DE        |      1238 | NS      | $59263.81     | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                                           | UBS Group AG                                           | CUSIP: 000000000<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |      2824 | NS      | $130779.44    | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Institutional US Government Money Market Fund | Franklin Institutional US Government Money Market Fund | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |    237667 | NS      | $237667.06    | 4.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd                              | Alibaba Group Holding Ltd                              | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | HK        |      7600 | NS      | $139433.42    | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                                                 | BP PLC                                                 | CUSIP: 000000000<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |     28686 | NS      | $166991.96    | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                        | AstraZeneca PLC                                        | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |      1170 | NS      | $217014.34    | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| JD Sports Fashion PLC                                  | JD Sports Fashion PLC                                  | CUSIP: 000000000<br>LEI: 213800HROV6Y9MUU8375 | Long             | EC               | CORP              | GB        |     65734 | NS      | $74675.73     | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                             | Samsung Electronics Co Ltd                             | CUSIP: 796050888<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |        80 | NS      | $166464.20    | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnum Ice Cream Co NV/The                             | Magnum Ice Cream Co NV/The                             | CUSIP: 000000000<br>LEI: 25490052LLF3XH6G9847 | Long             | EC               | CORP              | NL        |       381 | NS      | $6034.27      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronext NV                                            | Euronext NV                                            | CUSIP: 000000000<br>LEI: 724500QJ4QSZ3H9QU415 | Long             | EC               | CORP              | NL        |       914 | NS      | $137401.32    | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                                      | Siemens Energy AG                                      | CUSIP: 000000000<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |       373 | NS      | $52743.63     | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                              | Shell PLC                                              | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |      3830 | NS      | $141152.20    | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                                    | Deutsche Telekom AG                                    | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |      2439 | NS      | $79231.65     | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Infineon Technologies AG                               | Infineon Technologies AG                               | CUSIP: 000000000<br>LEI: TSI2PJM6EPETEQ4X1U25 | Long             | EC               | CORP              | DE        |      2047 | NS      | $90706.70     | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ICON PLC                                               | ICON PLC                                               | CUSIP: 000000000<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |       476 | NS      | $86736.72     | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                                           | Unilever PLC                                           | CUSIP: 000000000<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |      1693 | NS      | $110659.03    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Norsk Hydro ASA                                        | Norsk Hydro ASA                                        | CUSIP: 000000000<br>LEI: 549300N1SDN71ZZ8BO45 | Long             | EC               | CORP              | NO        |     13330 | NS      | $103343.07    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC                                 | Standard Chartered PLC                                 | CUSIP: 000000000<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EC               | CORP              | GB        |      5009 | NS      | $122754.58    | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Vinci SA                                               | Vinci SA                                               | CUSIP: 000000000<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |       801 | NS      | $112935.22    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SSE PLC                                                | SSE PLC                                                | CUSIP: 000000000<br>LEI: 549300KI75VYLLMSK856 | Long             | EC               | CORP              | GB        |      5591 | NS      | $163864.56    | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-25

**Name of Applicant:** Franklin Templeton ETF Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer Controller, US Fund Administration and Oversight