Key stats
About Franklin U.S. Small Cap Multifactor Index ETF
Expense ratio
0.35%
Home page
Inception date
Apr 26, 2017
FLQS seeks to achieve lower risk and higher risk-adjusted performance than the Russell 2000 Index by screening and re-weighting its components for favorable exposure to four investment style factors. The fund scores small-caps by quality (ROE, gross profit over assets, and gross margin sustainability), value (forward earnings yield, EBITDA to enterprise value, price to book value, and dividend yield), momentum (6- and 12-month risk-adjusted price momentum), and low volatility (beta). Quality accounts for 50% of the factor score, value for 30%, and momentum and low volatility for 10% each. Holdings are weighted by their factor score, scaled by market cap. The index undergoes semi-annual rebalance and reconstitution with issuer weights capped at 1% each. Prior to Aug. 1, 2022, the fund traded under the name Franklin LibertyQ U.S. Small Cap Equity ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Technology Services
Stocks99.95%
Finance14.32%
Producer Manufacturing10.88%
Technology Services10.19%
Retail Trade8.44%
Consumer Non-Durables7.52%
Energy Minerals6.43%
Commercial Services5.43%
Electronic Technology4.89%
Health Technology4.84%
Utilities4.48%
Consumer Services4.08%
Distribution Services3.47%
Industrial Services3.45%
Consumer Durables3.22%
Process Industries2.56%
Transportation2.47%
Non-Energy Minerals1.85%
Communications0.78%
Health Services0.66%
Bonds, Cash & Other0.05%
Mutual fund0.04%
Cash0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history