Franklin Exponential Data ETF
XDAT
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- One Franklin Parkway San Mateo CA United States of America 94403
- IPO Date
- Jan 14, 2021
- CIK
- 0001655589
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin Exponential Data ETF (XDAT), issued by Franklin Templeton ETF Trust and managed by Franklin Templeton Investments, seeks capital appreciation through active management of a portfolio of global equity securities focused on the theme of exponential data growth. The fund invests at least 80% of its net assets in companies involved in the creation, collection, cleaning, analysis, storage, securing, transport, or sale of large data sets and related applications; these include sectors such as big data infrastructure, data analytics, artificial intelligence, augmented and virtual reality, software-as-a-service, personalized advertising, personalized healthcare, cloud computing, 5G infrastructure, optical fiber, and data center technologies. Key holdings as of mid-2025 feature leading firms like Cloudflare Inc. (8.17%), Meta Platforms Inc. (7.62%), Microsoft Corp. (5.86%), ServiceNow Inc. (5.69%), and Alphabet Inc. (4.35%), with primary exposure to U.S.-based issuers (91.32% of assets) alongside smaller allocations to Israel, Canada, and Japan. The ETF, with approximately $4.10 million in total net assets and a 0.50% expense ratio, trades on the Cboe BZX Exchange under the ticker XDAT. Launched on January 12, 2021, and headquartered in San Mateo, California, as part of Franklin Templeton's global ETF platform managing billions in assets, XDAT employs bottom-up fundamental analysis by a Silicon Valley-based team led by portfolio manager Matthew Moberg to target disruptive innovators at optimal investment stages. The fund benchmarks against the Russell 3000 Index and maintains a non-diversified portfolio of around 64 holdings, emphasizing large-cap companies (over 50 billion market cap comprising 62.04%) in systems software (27.77%), application software (19.57%), and internet services (14.95%). In recent developments, institutional interest has grown, highlighted by Truist Financial Corp's acquisition of additional shares in September 2025, increasing its position to 28,737 shares valued at approximately $805,636 and comprising 19.20% of its ETF holdings, signaling confidence in XDAT's growth amid strong 3-year revenue (19.10%) and EBITDA (32.73%) metrics. Franklin Templeton has continued expanding its broader ETF lineup and capabilities, including a multi-year strategic partnership with Wand AI announced in October 2025 to advance agentic AI in asset management and the completion of the Apera Asset Management acquisition in September 2025, alongside new international equity ETF launches—moves that enhance the firm's innovation-focused offerings encompassing XDAT's data thematic strategy. These initiatives reflect Franklin Templeton's ongoing commitment to thematic active ETFs amid evolving market demands for data-driven investments.