Is USPX a good investment?

Franklin U.S. Equity Index ETF (USPX) is a US large-cap blend ETF. As of September 11, 2026, ETF Copilot scores USPX 5.9 out of 10 — highest on Quality (8.7), lowest on Growth (2.8). It trades at 25.5 times earnings, against its own median of 23.7. Its ten largest holdings are 38% of the fund.

Updated September 11, 2026

How is USPX rated? ETF Copilot scores Franklin U.S. Equity Index ETF (USPX) 5.9 out of 10

As of September 11, 2026, ETF Copilot scores Franklin U.S. Equity Index ETF (USPX) 5.9 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 5.9 / 10
Growth: 2.8 / 10
Valuation: 4.8 / 10
Risk: 7.9 / 10
Quality: 8.7 / 10
Return: 6.6 / 10

What is USPX's expense ratio? 0.03% a year

As of September 11, 2026, USPX charges 0.03% a year, yields 1.09% and holds $2.1B in assets across 462 positions.

Franklin U.S. Equity Index ETF (USPX) — cost, income and size
Measure	USPX
Expense ratio	0.03%
Dividend yield	1.09%
Assets under management	$2.1B
Holdings	462

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.

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 blend fund — you pay a small premium for the market's biggest names.

Trailing EBITDA multiple of 18.4x sits above the peer median of 18.0x. Return on invested capital of 27.5% is strong.

The core U.S. equity position in a portfolio, pairing broad market exposure with efficient operations.

Why did USPX move this week? It fell 1.1% in the week to September 11, 2026 — Nvidia and Microsoft drove it

USPX fell 1.1% in the week to September 11, 2026. The holdings that moved it most were Nvidia (−4.4%), Microsoft (−2.8%) and Eli Lilly (−3.8%); Advanced Micro Devices (+13.1%) pushed the other way.

Is USPX expensive right now? It trades at 25.5 times earnings, against its own median of 23.7

As of September 11, 2026, USPX is more expensive than 75% of its own 48 monthly readings since 2022 — 36 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside USPX? 47% Tech

What's inside USPX: Size (Large 95%, Mid 5%, Small 0%); Geography (International 3%, US 97%); Tech 46.5%; Magnificent 7 33.8%; AI 23.5%; Semiconductors 17.2%; Memory 14.9%.

What are USPX's top holdings? The ten largest are 38% of the fund

Nvidia, Apple, Microsoft, Amazon.com, Alphabet, Broadcom, Meta Platforms, Micron Technology and Tesla are USPX's largest holdings, in that order.

More concentrated than 54% 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 46 equally weighted holdings.

Cite this

ETF Copilot, “Franklin U.S. Equity Index ETF (USPX) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/uspx