Key stats
About Franklin U.S. Mid Cap Multifactor Index ETF
Home page
Inception date
Apr 26, 2017
Structure
Open-Ended Fund
Replication method
Physical
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.
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
Technology Services
Retail Trade
Stocks99.93%
Finance16.65%
Technology Services12.67%
Retail Trade11.85%
Health Technology9.60%
Distribution Services6.81%
Consumer Non-Durables6.54%
Transportation5.49%
Producer Manufacturing4.31%
Consumer Services4.24%
Consumer Durables4.21%
Electronic Technology3.69%
Commercial Services3.63%
Industrial Services2.42%
Health Services2.39%
Energy Minerals2.01%
Process Industries1.45%
Utilities1.09%
Miscellaneous0.78%
Communications0.09%
Bonds, Cash & Other0.07%
Mutual fund0.07%
Cash0.01%
Stock breakdown by region
North America97.57%
Europe2.43%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FLQM invests in stocks. The fund's major sectors are Finance, with 16.65% stocks, and Technology Services, with 12.67% of the basket. The assets are mostly located in the North America region.
FLQM top holdings are Ferguson Enterprises Inc. and Synchrony Financial, occupying 1.23% and 1.20% of the portfolio correspondingly.
FLQM last dividends amounted to 0.23 USD. The quarter before, the issuer paid 0.11 USD in dividends, which shows a 52.20% increase.
FLQM assets under management is 1.75 B USD. It's risen 3.17% over the last month.
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.
Yes, FLQM pays dividends to its holders with the dividend yield of 1.34%. The last dividend (Jul 7, 2025) amounted to 0.23 USD. The dividends are paid quarterly.
FLQM shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Apr 26, 2017, and its management style is Passive.
FLQM expense ratio is 0.30% meaning you'd have to pay 0.30% of your investment to help manage the fund.
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.
FLQM invests in stocks.
FLQM price has risen by 4.17% 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.
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 trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.