FLQM
Franklin U.S. Mid Cap Multifactor Index ETF
The Franklin LibertyQ U.S. Mid Cap Equity ETF tracks a US-listed midcap equity index that selects and weights constituents based on four factors: quality, value, momentum, and volatility.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.7 B
ASSETS UNDER MGMT
30 bp
EXPENSES
Fund Basics
| Inception date | Apr 26, 2017 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| TAPESTRY, INC. | 1.2 % |
| ULTA BEAUTY INC | 1.1 % |
| EXPEDIA GROUP INC | 1.1 % |
| UNITED CONTINENTAL HOLDINGS | 1.1 % |
| DELTA AIR LINES INC | 1.1 % |
| WW GRAINGER INC | 1.1 % |
| SYNCHRONY FINANCIAL | 1.1 % |
| DOLLAR GENERAL CORP | 1.1 % |
| OLD DOMINION FREIGHT LINE | 1.1 % |
| EBAY INC | 1.1 % |
Constituent Breakdown
| Number of holdings | 206 |
| Herfindahl-Hirschman Index | 70 |
| Wgt avg mkt cap (mns) | $23,678 |
| Large cap (>$10bn) | 81.8% |
| Mid cap ($2-10bn) | 15.0% |
| Small cap (<$2bn) | 0.6% |
| Developed mkts. | 98.3% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 93.6 % |
 |
BERMUDA | 2.0 % |
 |
IRELAND | 1.2 % |
 |
SWITZERLAND | 1.0 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -2.4% | 3.6% | 1.4% | 8.3% | 6.1% | -- | -- | 9.0% |
| Dividend Yield | 0.0% | 1.4% | 1.4% | 1.4% | 1.4% | -- | -- | 1.5% |
| Total Returns | -2.4% | 5.0% | 2.7% | 9.7% | 7.5% | -- | -- | 10.4% | Ann. Volatility | 13.3% | 17.5% | 15.6% | 14.7% | 16.4% | -- | -- | 20.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.78 | 72% |
| MSCI EAFE | 0.74 | 55% |
| MSCI Emg Mkts | 0.53 | 38% |
Liquidity Measures
| Avg. volume (000) | 229 |
| ADV traded (mns) | $13 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.11% |
Technical Indicators
| 30d moving avg. (EMA) | $56.40 |
| Relative strength (RSI) | 51 |
| MACD/Signal | 0.35/0.21 |
| Bollinger Bands (Upper/Lower) | $58.26/$53.99 |
| Short interest (% of AUM) | 0.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FLQM |
Expenses vs. FLQM |
ALTAR Score™ vs. FLQM |
|---|---|---|---|---|
| ONEV | State Street SPDR Russell 1000 Low Volatility Focus ETF | 36.0% | -10 bp | -0.7% |
| AVMV | Avantis U.S. Mid Cap Value ETF | 35.8% | -10 bp | -0.5% |
| JPME | JPMorgan Diversified Return U.S. Mid Cap Equity ETF | 30.6% | -6 bp | -1.0% |
| AVMC | Avantis U.S. Mid Cap Equity ETF | 30.5% | -12 bp | -2.0% |
| DEUS | Xtrackers Russell US Multifactor ETF | 28.3% | -13 bp | -1.4% |
| ONEY | State Street SPDR Russell 1000 Yield Focus ETF | 27.4% | -10 bp | +0.3% |
| JHMM | John Hancock Multifactor Mid Cap ETF | 25.8% | +12 bp | -2.5% |
| ONEO | State Street SPDR Russell 1000 Momentum Focus ETF | 25.3% | -10 bp | -1.7% |
| IWP | iShares Russell Mid-Cap Growth ETF | 24.9% | -7 bp | -4.4% |
| JPUS | JPMorgan Diversified Return U.S. Equity ETF | 23.9% | -12 bp | -1.2% |
Risk and Returns: FLQM vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/28/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
8.6%
ALTAR SCORE™
94th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,201 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. FLQM's ALTAR Score™ is approximately 1.5 standard
deviations above the category average. This places FLQM in the 94th percentile
among funds in the category.
Sell-Side Consensus
$66.82
PRICE TARGET
+17.8%
UPSIDE