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
1.8 B
ASSETS UNDER MGMT
30 bp
EXPENSES
Fund Basics
| Fund sponsor | Franklin ETF Trust |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 26, 2017 |
| Assets (mns) | $1,772 |
| Expense ratio | 30 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Multi-Factor |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| IDEXX LABORATORIES INC | 1.7 % |
| EBAY INC | 1.6 % |
| CENCORA INC | 1.3 % |
| SYNCHRONY FINANCIAL | 1.2 % |
| GARMIN LTD | 1.2 % |
| WILLIAMS-SONOMA INC | 1.2 % |
| RESMED INC | 1.2 % |
| KROGER CO | 1.2 % |
| TRACTOR SUPPLY COMPANY | 1.2 % |
| SYSCO CORP | 1.2 % |
Constituent Breakdown
| Number of holdings | 206 |
| Herfindahl-Hirschman Index | 80 |
| Wgt avg mkt cap (mns) | $24,831 |
| Large cap (>$10bn) | 89.1% |
| Mid cap ($2-10bn) | 14.4% |
| Small cap (<$2bn) | 0.5% |
| Developed mkts. | 104.8% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 100.3 % |
 |
BERMUDA | 2.0 % |
 |
SWITZERLAND | 1.2 % |
 |
BRITAIN | 0.7 % |
 |
IRELAND | 0.6 % |
Historical Performance
Standardized Performance (as of 11/28/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 4.2% | -3.4% | 11.9% | 8.8% | 9.1% | -- | -- | 9.7% |
| Dividend Yield | 0.0% | 0.0% | 0.8% | 1.0% | 1.1% | -- | -- | 1.3% |
| Total Returns | 4.2% | -3.4% | 12.6% | 9.8% | 10.2% | -- | -- | 11.0% | Ann. Volatility | 18.3% | 18.1% | 15.7% | 15.3% | 16.6% | -- | -- | 18.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.77 | 69% |
| MSCI EAFE | 0.81 | 55% |
| MSCI Emg Mkts | 0.63 | 38% |
Liquidity Measures
| Avg. volume (000) | 141 |
| ADV traded (mns) | $8 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.08% |
Technical Indicators
| 30d moving avg. (EMA) | $55.61 |
| Relative strength (RSI) | 54 |
| MACD/Signal | 0.06/-0.15 |
| Bollinger Bands (Upper/Lower) | $56.75/$53.94 |
| Short interest (% of AUM) | 0.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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 | 38.0% | -10 bp | +8.1% |
| AVMV | Avantis U.S. Mid Cap Value ETF | 37.4% | -10 bp | +8.9% |
| AVMC | Avantis U.S. Mid Cap Equity ETF | 34.1% | -12 bp | +6.9% |
| JPME | JPMorgan Diversified Return U.S. Mid Cap Equity ETF | 34.1% | -6 bp | +8.1% |
| DEUS | Xtrackers Russell US Multifactor ETF | 33.4% | -13 bp | +6.8% |
| JHMM | John Hancock Multifactor Mid Cap ETF | 30.9% | +12 bp | +6.2% |
| ONEY | State Street SPDR Russell 1000 Yield Focus ETF | 30.3% | -10 bp | +10.1% |
| ROUS | Hartford Multifactor US Equity ETF | 29.4% | -11 bp | +6.9% |
| ONEO | State Street SPDR Russell 1000 Momentum Focus ETF | 28.8% | -10 bp | +6.8% |
| FMDE | Fidelity Enhanced Mid Cap ETF | 28.6% | -7 bp | +5.9% |
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
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | |
| 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 11/30/2025
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
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
FLQM
8.1%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 1011 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.3%. FLQM's ALTAR Score™ is approximately
1.1 standard deviations
above
the category average. This places FLQM in the 86th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FLQMSELL
U/W
HOLD
O/W
BUY