# Portfolio overlap — QVCIIX vs QLMLTX

Comparing **Franklin Multi-Asset Variable Conservative Growth** (2026-03-31) and **Franklin Multi-Asset Variable Growth** (2026-03-31).

- Shared positions: 10
- Franklin Multi-Asset Variable Conservative Growth covered by Franklin Multi-Asset Variable Growth: 0.6359687634250658811103496104
- Franklin Multi-Asset Variable Growth covered by Franklin Multi-Asset Variable Conservative Growth: 0.6359687634250658811103496104

## Franklin Multi-Asset Variable Conservative Growth — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Franklin U.S. Core Bond ETF | 0.315477 | ✓ |
| Franklin U.S. Large Cap Equity Fund | 0.187596 | ✓ |
| Putnam Large Cap Value Fund, Class R6 | 0.111113 | ✓ |
| Putnam Large Cap Growth Fund, Class R6 | 0.107923 | ✓ |
| Franklin International Equity Fund | 0.084373 | ✓ |
| Franklin U.S. Treasury Bond ETF | 0.073786 | ✓ |
| Franklin Small Cap Enhanced ETF | 0.033954 | ✓ |
| ClearBridge Large Cap Growth Fund | 0.032071 | ✓ |
| Franklin Investment Grade Corporate ETF | 0.031481 | ✓ |
| Invesco Government & Agency Portfolio, Institutional Class | 0.022227 | ✓ |

## Franklin Multi-Asset Variable Growth — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Franklin U.S. Large Cap Equity Fund | 0.310130 | ✓ |
| Putnam Large Cap Value Fund, Class R6 | 0.184141 | ✓ |
| Putnam Large Cap Growth Fund, Class R6 | 0.177099 | ✓ |
| Franklin International Equity Fund | 0.138360 | ✓ |
| Franklin Small Cap Enhanced ETF | 0.055683 | ✓ |
| ClearBridge Large Cap Growth Fund | 0.055647 | ✓ |
| Franklin U.S. Core Bond ETF | 0.047369 | ✓ |
| Invesco Government & Agency Portfolio, Institutional Class | 0.015765 | ✓ |
| Franklin U.S. Treasury Bond ETF | 0.011079 | ✓ |
| Franklin Investment Grade Corporate ETF | 0.004727 | ✓ |


## Sources

- N-PORT (fund A) — accession `0000940400-26-021649` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1176343/000094040026021649/0000940400-26-021649-index.htm>
- N-PORT (fund B) — accession `0000940400-26-021660` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1176343/000094040026021660/0000940400-26-021660-index.htm>

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_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

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