Franklin U.S. Mid Cap Multifactor Index ETFFranklin U.S. Mid Cap Multifactor Index ETFFranklin U.S. Mid Cap Multifactor Index ETF

Franklin U.S. Mid Cap Multifactor Index ETF

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Key stats


Assets under management (AUM)
‪1.74 B‬USD
Fund flows (1Y)
‪739.50 M‬USD
Dividend yield (indicated)
1.34%
Discount/Premium to NAV
−0.05%
Shares outstanding
‪30.75 M‬
Expense ratio
0.30%

About Franklin U.S. Mid Cap Multifactor Index ETF


Brand
Franklin
Inception date
Apr 26, 2017
Structure
Open-Ended Fund
Index tracked
LibertyQ US Mid Cap Equity Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisory Services LLC
Distributor
Franklin Distributors LLC
ISIN
US35473P8840
FLQM tracks an index of US-listed mid-cap stocks selected and weighted based on four different factors: quality, value, momentum, and low volatility. The index attempts to achieve a lower level of risk and higher risk-adjusted performance than the broader mid-cap equity market. Quality and value are assessed using fundamental metrics: ROE, earnings variability, and leverage ratios for quality, and earnings yield, dividend yield, and book-to-price ratios for value. Meanwhile, momentum uses 6- and 12-month risk-adjusted price movements and volatility (beta) embraces technical attributes. Although FLQM incorporates all four factors, the portfolio emphasizes fundamental rather than technical components, with quality and value given 50% and 30% weight, respectively, while momentum and volatility claim only 10% each. The index undergoes semi-annual rebalance and reconstitution. Prior to Aug. 1, 2022, the fund traded under the name Franklin LibertyQ U.S. Mid Cap Equity ETF.

Broaden your horizons with more funds linked to FLQM via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Mid cap
Niche
Broad-based
Strategy
Multi-factor
Geography
U.S.
Weighting scheme
Multi-factor
Selection criteria
Multi-factor
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Technology Services
Retail Trade
Stock breakdown by region
97%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FLQM trades at 57.17 USD today, its price has fallen −0.15% in the past 24 hours. Track more dynamics on FLQM price chart.
FLQM net asset value is 57.13 today — it's risen 4.14% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FLQM assets under management is ‪1.74 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FLQM price has risen by 3.95% over the last month, and its yearly performance shows a 5.83% increase. See more dynamics on FLQM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.14% over the last month, showed a 5.87% increase in three-month performance and has increased by 7.54% in a year.
FLQM fund flows account for ‪719.97 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FLQM invests in stocks. See more details in our Analysis section.
FLQM expense ratio is 0.30%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FLQM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FLQM technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FLQM shows the buy signal. See more of FLQM technicals for a more comprehensive analysis.
Yes, FLQM pays dividends to its holders with the dividend yield of 1.34%.
FLQM trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FLQM shares are issued by Franklin Resources, Inc.
FLQM follows the LibertyQ US Mid Cap Equity Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 26, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.