Franklin U.S. Mid Cap Multifactor Index ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Mar 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About FLQM
Under normal market conditions,the Fund invests at least 80% of its assets in the component securities of the U.S. Mid Cap UnderlyingIndex. The U.S. Mid Cap Underlying Index is a systematic, rules-based proprietary index that is maintainedand calculated by FTSE Russell. The U.S. Mid Cap Underlying Index is based on the Russell Midcap® Indexusing a methodology developed with Franklin Templeton to reflect Franklin Templeton’s desired investmentstrategy. The Russell Midcap® Index is a subset of the Russell 1000® Index and is designed to measurethe performance of mid-capitalization stocks in the United States. It includes approximately 800 of thesmallest issuers in the Russell 1000® Index.The U.S. Mid Cap Underlying Index seeks toachieve a lower level of risk and higher risk-adjusted performance than the Russell Midcap® Index overthe long term by applying a multi-factor selection process, which is designed to select equity securitiesfrom the Russell Midcap® Index that have favorable exposure to four investment style factors – quality,value, momentum and low volatility. Factors are common characteristics that relate to a group of issuersor securities that are important in explaining the returns and risks of those issuers’ securities.The “quality” factor incorporates measurements such as return on equity, gross profit over assets,cash return on assets, gross margin sustainability, and return on asset sustainability. The “value”factor incorporates measurements such as forward earnings yield, EBITDA to enterprise value, price tobook value and dividend yield. The “momentum” factor incorporates measurements such as 6-month riskadjusted price momentum and 12-month risk-adjusted price momentum. The “low volatility” factor incorporatesmeasurements such as historical beta (i.e., a measure of the volatility of a security relative to thetotal market).At the time of each semi-annual reconstitution of the U.S. Mid Cap UnderlyingIndex, no company shall comprise more than 1% of the U.S. Mid Cap Underlying Index. The U.S. Mid CapUnderlying Index is also constrained in its construction to limit turnover of constituent securitiesat each semi-annual reconstitution. As of May 31, 2025, the U.S. Mid Cap Underlying Index was comprisedof 202 securities with capitalizations ranging from $902 million to $56.88 billion.TheFund, using a “passive” or indexing investment approach, seeks investment results that closely correspond,before fees and expenses, to the performance of the U.S. Mid Cap Underlying Index. The Fund may use eithera replication strategy or representative sampling strategy. Under a replication strategy, the Fund willreplicate the component securities of the U.S. Mid Cap Underlying Index as closely as possible (i.e.,invest in all of the component securities in their respective weightings in the U.S. Mid Cap UnderlyingIndex). However, under various circumstances, it may not be possible or practicable to replicate theU.S. Mid Cap Underlying Index. In these circumstances, the Fund may use a “representative sampling”strategy whereby the Fund would invest in what it believes to be a representative sample of the componentsecurities of the U.S. Mid Cap Underlying Index, but may not track the U.S. Mid Cap Underlying Indexwith the same degree of accuracy as would an investment vehicle replicating the entire U.S. Mid Cap UnderlyingIndex. Under the representative sampling technique, the investment manager will select securities thatcollectively have an investment profile similar to that of the U.S. Mid Cap Underlying Index, includingsecurities that resemble those included in the U.S. Mid Cap Underlying Index in terms of risk factors,performance attributes and other characteristics, such as market capitalization and industry weightings.The Fund’s portfolio is reconstituted semi-annually following the semi-annual reconstitution of theU.S. Mid Cap Underlying Index.The Fund may invest in equity futures (including equity index futures) and equitytotal return swaps to provide additional opportunities to add value and better track the performanceof the Fund’s Underlying Index, such as to equitize cash and accrued income (i.e., gain equity marketexposure and maintain liquidity until the Fund invests in individual securities), simulate investmentsin the Underlying Index, facilitate trading or minimize transaction costs. The Fund will concentrateits investments (i.e., hold 25% or more of its net assets) in a particular industry or group of industriesto approximately the same extent that the U.S. Mid Cap Underlying Index is concentrated.
FLQM News
- Avoiding Lag: Real-Time Signals in (FLQM) Movement
- Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Short Interest Update
- Redhawk Wealth Advisors Inc. Sells 170,883 Shares of Franklin U.S. Mid Cap Multifactor Index ETF $FLQM
- Is Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) a Strong ETF Right Now?
- Discipline and Rules-Based Execution in FLQM Response
- Should Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) Be on Your Investing Radar?
- Behavioral Patterns of FLQM and Institutional Flows
- Behavioral Patterns of FLQM and Institutional Flows
- (FLQM) Movement Within Algorithmic Entry Frameworks
- How (FLQM) Movements Inform Risk Allocation Models
- Short Interest in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Grows By 7,398.0%
- Is Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) a Strong ETF Right Now?
Data for FLQM is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.