Franklin U.S. Equity Index ETF (USPX) is a US large-cap blend ETF. As of October 28, 2026, ETF Copilot scores USPX 7.4 out of 10 — highest on Quality (8.5), lowest on Value (6.3). It trades at 24.9 times earnings, against its own median of 25.1. Its ten largest holdings are 38% of the fund.
What stands out in USPX's data
U.S. large-cap blend — the market's broadest stocks in one fund.
Trades at a slightly richer price than the typical large-cap fund — you pay a small premium for the same earnings.
Trailing P/E multiple of 24.9x sits just above the category median of 24.7x. Return on invested capital matches the peer norm at 26.4%.
The core U.S. equity position in a portfolio, pairing broad market exposure with efficient operations.
How is USPX rated? ETF Copilot scores Franklin U.S. Equity Index ETF (USPX) 7.4 out of 10
As of October 28, 2026, ETF Copilot scores Franklin U.S. Equity Index ETF (USPX) 7.4 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 7.4 / 10
- Growth: 7.9 / 10
- Value: 6.3 / 10
- Risk: 6.7 / 10
- Quality: 8.5 / 10
- Return: 7.3 / 10
Is USPX expensive right now? It trades at 24.9 times earnings, against its own median of 25.1
As of October 28, 2026, USPX is cheaper than 55% of its own last 4 years.
Trailing 12 months, built from USPX's holdings. How we calculate this →
What's inside USPX? 44% Tech
What's inside USPX: Size (Large 95%, Mid 4%, Small 2%); Geography (International 3%, US 97%); Tech 44.0%; Magnificent 7 33.8%; AI 23.5%; Semiconductors 16.7%; Memory 14.1%.
What are USPX's top holdings? The ten largest are 38% of the fund
Nvidia, Apple, Microsoft, Amazon.com, Alphabet, Broadcom, Facebook, Tesla and Micron Technology are USPX's largest holdings, in that order.
Less concentrated than 58% of US Large Cap Blend ETFs.
Half of USPX's weight sits in its 22 largest positions, and once those weights are taken into account it behaves like 45 equally weighted holdings.
What is USPX's expense ratio? 0.03% a year
As of October 28, 2026, USPX charges 0.03% a year, yields 1.02% and holds $2.1B in assets across 466 positions.
| Measure | USPX |
|---|---|
| Expense ratio | 0.03% |
| Dividend yield | 1.02% |
| Assets under management | $2.1B |
| Holdings | 466 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Franklin U.S. Equity Index ETF (USPX) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/uspx
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