Franklin U.S. Mid Cap Multifactor Index ETF
$59.11+0.12 (+0.20%)
- 0.30%
- $1.4B
- +9.1%
- 1.67%
- 0.1M sh
- $59.02
- low $53.87high $62.13
The ETF.net FLQM Grade
B
Score 57 out of 100
- 46 of 99
Score 57 of 100 falls in the B 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.C49 out of 100Rank 50 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A70 out of 100Rank 63 of 86Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C41 out of 100Rank 60 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.A72 out of 100Rank 27 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B59 out of 100Rank 42 of 99
Our read on FLQM
BMultifactor investing usually stops at the mega caps. FLQM runs the full four-factor screen (value, quality, momentum, low volatility) through the middle of the US market, landing on roughly 120 names.
The Fund uses a passive indexing approach to seek investment results that closely correspond, before fees and expenses, to the U.S. Mid Cap Underlying Index.
Why people hold it
- Four screens in one rule set: value, quality, momentum and low volatility, applied to US mid caps rather than the large-cap names most factor funds fish in.
- 0.30% a year, a shade under the typical fee across its multifactor peer group.
- Straight passive indexing against a named, published index, with no manager discretion layered on top. It sits in the upper half of a crowded multifactor field.
- Live since 2017, now a multi-billion-dollar fund that trades at moderate volume and pays quarterly.
Worth knowing
- About 120 stocks is a tighter net than a broad mid-cap index, so each holding carries real weight in the outcome.
- Blending four factors means it rarely looks like a plain mid-cap index. When one style is leading the market, this one can move on its own path.
- 0.30% is real money next to the cheapest names in the same peer group, where FNDX charges 0.25% and VYM 0.04%.
FLQM Holdings
- Stocks
- 209
- 12%
- NTAP
Sectors
- Financials16.5%
- Health Care16.1%
- Consumer Discretionary15.7%
- Industrials14.8%
- Technology14.1%
- Consumer Staples8.8%
- Energy5.3%
- Real Estate3.3%
- Communication2.4%
- Utilities1.8%
- Materials1.2%
Geography
- United States95.63%
- Bermuda1.93%
- Switzerland1.18%
- Ireland0.47%
- Canada0.34%
- Luxembourg0.31%
- Netherlands0.07%
- Brazil0.06%
FLQM 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.
FLQM$10,907
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 | FLQM |
|---|---|
| Year to date | +6.1% |
| 1 month | −0.6% |
| 3 months | +0.3% |
| 1 year | +9.1% |
| 3 years | +13.0% |
| 5 years | +7.5% |
| 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 | FLQM |
|---|---|---|
| 2026 YTD | +6.1% | |
| 2025 | +5.2% | |
| 2024 | +14.3% | |
| 2023 | +17.5% | |
| 2022 | −12.9% | |
| 2021 | +28.8% | |
| 2020 | +15.5% |
FLQM in the news
FLQM Dividends
- 1.67%
- $0.98
- $0.19 per share
- Quarterly
Distribution history
FLQM Risk
- 13.8%
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.
- 0.56
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.
- −22.5%
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.
- 0.81
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLQM Cost
0.30%
FLQM0.30%
- The middle half of US Multifactor funds
- Median 0.30%
49 of the 99 US Multifactor funds charge less.
Other funds in US Multifactor
- BQARPXtrackers Russell 1000 US Quality at a Reasonable Price ETFExpense ratio 0.19%1 year return +24.4%
- BQVMTInvesco S&P 500 Concentrated QVM ETFExpense ratio 0.13%1 year return —
- BQVMMInvesco S&P MidCap 400 QVM Multi-factor ETFExpense ratio 0.15%1 year return +17.4%
- BFYXFirst Trust Small Cap Core AlphaDEX FundExpense ratio 0.58%1 year return +30.3%
- BQGRWWisdomTree U.S. Quality Growth FundExpense ratio 0.28%1 year return +24.9%