Key stats
About Franklin Intelligent Machines ETF
Home page
Inception date
Feb 25, 2020
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 Advisers, Inc.
Distributor
Franklin Distributors LLC
ISIN
US35473P5127
IQM invests in global stocks involved with machine learning technologies in areas like robotics, driverless vehicles and algorithmic data analysis. Securities are selected based on the fundamental research by the fund advisor in which they believe well positioned to benefit from intelligent design, such as computer-aided design or CAD software, factory automation, robotic tools and services, and industrial software solutions. Due to the investment objective of the fund, it can become concentrated to particular sectors at times. IQM is one of the first three thematic funds to launch from Franklin Templeton.
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
Electronic Technology
Technology Services
Stocks98.78%
Electronic Technology56.70%
Technology Services17.90%
Producer Manufacturing8.79%
Consumer Durables5.84%
Health Technology3.90%
Industrial Services3.51%
Transportation0.95%
Health Services0.73%
Non-Energy Minerals0.45%
Bonds, Cash & Other1.22%
Cash1.22%
Stock breakdown by region
North America86.48%
Asia7.48%
Europe5.31%
Oceania0.74%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IQM invests in stocks. The fund's major sectors are Electronic Technology, with 56.70% stocks, and Technology Services, with 17.90% of the basket. The assets are mostly located in the North America region.
IQM top holdings are NVIDIA Corporation and Broadcom Inc., occupying 9.19% and 7.53% of the portfolio correspondingly.
IQM last dividends amounted to 0.03 USD. The year before, the issuer paid 0.06 USD in dividends, which shows a 94.20% decrease.
IQM assets under management is 43.78 M USD. It's risen 9.38% over the last month.
IQM fund flows account for 11.18 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.
IQM shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Feb 25, 2020, and its management style is Active.
IQM expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
IQM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IQM invests in stocks.
IQM price has risen by 1.85% over the last month, and its yearly performance shows a 38.48% increase. See more dynamics on IQM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.11% over the last month, showed a 16.16% increase in three-month performance and has increased by 38.36% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.11% over the last month, showed a 16.16% increase in three-month performance and has increased by 38.36% in a year.
IQM trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.