FLQS
Franklin U.S. Small Cap Multifactor Index ETF
The Franklin LibertyQ U.S. Small-Cap Equity ETF tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 73.7 M
ASSETS UNDER MGMT
35 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 | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| JACKSON FINANCIAL INCORPORATION CLASS A | 1.1 % |
| ESSENT GROUP LTD | 1.0 % |
| WATTS WATER TECHNOLOGIES-A | 1.0 % |
| ABERCROMBIE & FITCH CO-CL A | 1.0 % |
| CARETRUST REIT INC | 1.0 % |
| MOOG INC-CLASS A | 1.0 % |
| RAMBUS INC | 1.0 % |
| INTERDIGITAL INC | 0.9 % |
| FIRSTCASH, INC. | 0.9 % |
| PNM RESOURCES INC | 0.8 % |
Constituent Breakdown
| Number of holdings | 490 |
| Herfindahl-Hirschman Index | 43 |
| Wgt avg mkt cap (mns) | $3,386 |
| Large cap (>$10bn) | 67.8% |
| Mid cap ($2-10bn) | 28.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 96.6% |
| Emerging mkts. | 0.7% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 92.8 % |
 |
BERMUDA | 1.8 % |
 |
IRELAND | 0.9 % |
 |
BRAZIL | 0.5 % |
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 | -1.2% | 8.4% | 2.5% | 7.8% | 3.1% | -- | -- | 6.0% |
| Dividend Yield | 0.0% | 1.0% | 1.2% | 1.5% | 1.4% | -- | -- | 1.4% |
| Total Returns | -1.2% | 9.4% | 3.8% | 9.3% | 4.5% | -- | -- | 7.4% | Ann. Volatility | 16.6% | 19.4% | 19.0% | 18.2% | 19.4% | -- | -- | 22.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.84 | 68% |
| MSCI EAFE | 0.80 | 53% |
| MSCI Emg Mkts | 0.60 | 39% |
Liquidity Measures
| Avg. volume (000) | 4 |
| ADV traded (mns) | $0 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.18% |
Technical Indicators
| 30d moving avg. (EMA) | $43.63 |
| Relative strength (RSI) | 53 |
| MACD/Signal | 0.05/-0.26 |
| Bollinger Bands (Upper/Lower) | $44.60/$41.51 |
| Short interest (% of AUM) | 0.3% |
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. FLQS |
Expenses vs. FLQS |
ALTAR Score™ vs. FLQS |
|---|---|---|---|---|
| PSC | Principal U.S. Small-Cap ETF | 36.1% | +3 bp | -1.9% |
| JPSE | JPMorgan Diversified Return U.S. Small Cap Equity ETF | 35.0% | -6 bp | +0.2% |
| CSA | VictoryShares US Small Cap Volatility Wtd ETF | 33.9% | 0 bp | +0.4% |
| GSSC | Goldman Sachs Activebeta U.S. Small Cap Equity ETF | 33.9% | -15 bp | -2.0% |
| QVMS | Invesco S&P SmallCap 600 QVM Multi-factor ETF | 31.9% | -20 bp | 0.0% |
| OMFS | Invesco Russell 2000 Dynamic Multifactor ETF | 31.7% | +4 bp | -2.6% |
| VIOG | Vanguard S&P Small-Cap 600 Growth ETF | 31.6% | -25 bp | -2.3% |
| VIOO | Vanguard S&P Small-Cap 600 ETF | 30.3% | -28 bp | -0.1% |
| XJR | iShares ESG Screened S&P Small-Cap ETF | 30.2% | -23 bp | -0.2% |
| ESIX | State Street SPDR S&P SmallCap 600 ESG ETF | 29.9% | -23 bp | +0.4% |
Risk and Returns: FLQS 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 4/18/2026
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
6.7%
ALTAR SCORE™
74th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,200 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.0%. FLQS's ALTAR Score™ is approximately 0.6 standard
deviations above the category average. This places FLQS in the 74th percentile
among funds in the category.
Sell-Side Consensus
$54.6
PRICE TARGET
+18.4%
UPSIDE