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
| 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 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 3.9% | 6.0% | 7.3% | 10.3% | 8.4% | -- | -- | 9.8% |
| Dividend Yield | 0.0% | 1.0% | 1.2% | 1.3% | 1.3% | -- | -- | 1.4% |
| Total Returns | 3.9% | 7.0% | 8.5% | 11.7% | 9.7% | -- | -- | 11.2% | Ann. Volatility | 13.3% | 17.9% | 15.5% | 14.9% | 16.5% | -- | -- | 19.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.78 | 71% |
| MSCI EAFE | 0.81 | 55% |
| MSCI Emg Mkts | 0.62 | 39% |
Liquidity Measures
| Avg. volume (000) | 125 |
| ADV traded (mns) | $7 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.09% |
Technical Indicators
| 30d moving avg. (EMA) | $57.80 |
| Relative strength (RSI) | 55 |
| MACD/Signal | 0.20/0.17 |
| Bollinger Bands (Upper/Lower) | $58.78/$57.04 |
| Short interest (% of AUM) | 0.1% |
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 | 35.8% | -10 bp | -0.5% |
| AVMV | Avantis U.S. Mid Cap Value ETF | 35.8% | -10 bp | +0.1% |
| JPME | JPMorgan Diversified Return U.S. Mid Cap Equity ETF | 30.6% | -6 bp | -0.5% |
| AVMC | Avantis U.S. Mid Cap Equity ETF | 30.5% | -12 bp | -1.5% |
| DEUS | Xtrackers Russell US Multifactor ETF | 28.3% | -13 bp | -1.1% |
| ONEY | State Street SPDR Russell 1000 Yield Focus ETF | 28.2% | -10 bp | +0.7% |
| ONEO | State Street SPDR Russell 1000 Momentum Focus ETF | 25.8% | -10 bp | -1.2% |
| JHMM | John Hancock Multifactor Mid Cap ETF | 25.8% | +12 bp | -2.1% |
| IWP | iShares Russell Mid-Cap Growth ETF | 25.6% | -7 bp | -4.2% |
| IWR | iShares Russell Midcap ETF | 24.3% | -11 bp | -2.1% |
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 3/9/2026
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
8.4%
ALTAR SCORE™
91st
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,191 funds in the US Equity category with an average
ALTAR Score™ of 5.6% and a standard deviation
of 2.0%. FLQM's ALTAR Score™ is approximately 1.4 standard
deviations above the category average. This places FLQM in the 91st percentile
among funds in the category.
Sell-Side Consensus
$66.91
PRICE TARGET
+17.4%
UPSIDE