Franklin U.S. Large Cap Multifactor Index ETF
$79.58−0.19 (−0.24%)
- 0.15%
- $2.2B
- +21.3%
- 1.04%
- 0.1M sh
- $79.76
- low $65.30high $81.55
The ETF.net FLQL Grade
A
Score 71 out of 100
- 20 of 99
Score 71 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A84 out of 100Rank 12 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A88 out of 100Rank 32 of 86Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C50 out of 100Rank 48 of 97Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B62 out of 100Rank 26 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D35 out of 100Rank 84 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A72 out of 100Rank 21 of 99
Our read on FLQL
AFour factors (quality, value, momentum, low volatility) blended into one US large-cap portfolio for 0.15% a year. Franklin's LibertyQ index has run the blend since 2017, and the fund tracks it closely.
The fund seeks investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Large Cap Equity Index, also called the U.S. Large Cap Underlying Index.
Why people hold it
- All four classic equity factors in one index: quality, value, momentum, low volatility. No guessing which tilt is in favor, no second fund to bolt on.
- 0.15% a year, well under the typical fee in its multifactor peer group.
- Roughly 300 US large caps, chosen by index rule rather than manager hunch, paying quarterly. Running since 2017, so there is real history to inspect.
- Tracks its LibertyQ index closely and stands in the upper tier of a crowded multifactor field.
Worth knowing
- Four factors in one basket dilutes each one. For a concentrated single tilt, cheaper options exist: VONV at 0.06%, IUSG at 0.04%.
- Still US large-cap equity. The factor mix changes the ride, not the asset class.
- About 300 names, all set by index rules, so the mix shifts only when the index rebalances.
FLQL Holdings
- Stocks
- 221
- 38%
- AAPL
Sectors
- Technology41.6%
- Financials11.2%
- Communication9.5%
- Health Care9.1%
- Consumer Discretionary8.4%
- Industrials7.6%
- Consumer Staples4.3%
- Energy2.3%
- Utilities2.2%
- Materials2.1%
- Real Estate1.8%
Geography
- United States99.40%
- United Kingdom0.14%
- Brazil0.11%
- Ireland0.09%
- Bermuda0.09%
- Puerto Rico0.09%
- Luxembourg0.08%
FLQL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
FLQL$12,125
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FLQL |
|---|---|
| Year to date | +15.9% |
| 1 month | +1.5% |
| 3 months | +2.1% |
| 1 year | +21.3% |
| 3 years | +23.5% |
| 5 years | +15.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FLQL |
|---|---|---|
| 2026 YTD | +15.9% | |
| 2025 | +19.6% | |
| 2024 | +24.3% | |
| 2023 | +23.6% | |
| 2022 | −14.8% | |
| 2021 | +26.6% | |
| 2020 | +10.7% |
FLQL in the news
FLQL Dividends
- 1.04%
- $0.83
- $0.19 per share
- Quarterly
Distribution history
FLQL Risk
- 12.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.41
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −21.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.96
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLQL Cost
0.15%
FLQL0.15%
- The middle half of US Multifactor funds
- Median 0.30%
11 of the 99 US Multifactor funds charge less.
Other funds in US Multifactor
- ATILTNorthern Trust Morningstar US Market Factor Tilt ETFExpense ratio 0.26%1 year return +20.6%
- ADEUSXtrackers Russell US Multifactor ETFExpense ratio 0.17%1 year return +16.5%
- AOMFLInvesco Russell 1000 Dynamic Multifactor ETFExpense ratio 0.29%1 year return +22.3%
- AQLCNorthern Trust US Quality Large Cap ETFExpense ratio 0.26%1 year return +22.8%
- AJHMLJohn Hancock Investments - Multifactor Large Cap ETFExpense ratio 0.29%1 year return +20.2%