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ETFs

Franklin U.S. Small Cap Multifactor Index ETF

FLQS
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Apr 26, 2017
Expense Ratio
0.35%
Type
US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$143,208
AUM
$27,280,000
Associated Index
LibertyQ U.S. Small Cap Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AIT
Applied Industrial Technologies Inc.
1.05%
SPSC
SPS Commerce Inc.
1.04%
QLYS
Qualys Inc
1.04%
SSD
Simpson Manufacturing Co., Inc.
1.01%
CHRD
Chord Energy Corp - Ordinary Shares - New
0.95%
UFPI
UFP Industries Inc
0.93%
ATKR
Atkore Inc
0.89%
FIX
Comfort Systems USA, Inc.
0.87%
CMC
Commercial Metals Co.
0.83%
WTS
Watts Water Technologies, Inc. - Ordinary Shares - Class A
0.83%
Invest with FLQS
Trade FLQS Options

What is FLQS?

The fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of its corresponding underlying index, LibertyQ U.S. Small Cap Equity Index. The index methodology employs a rules-based, custom multi factor approach providing exposure to four well known factors: 50% Quality, 30% Value, 10% Momentum and 10% Low Volatility.

1M
3M
6M
YTD
1Y
3Y
Max
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FLQS
Performance Measures**

for the time period Apr 28, 2017 to Dec 4, 2025

Returns

1M Trailing Return: 2.8%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -1.7%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -42.2%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 22.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.45

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.19

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFLQS

ETFs correlated to FLQS include IJR, SPSM, VIOO

FLQS
Franklin Templeton ETF Trust - Franklin U.S. Small Cap Multifactor Index ETF
IJR
BlackRock Institutional Trust Company N.A. - iShares Core S&P Small-Cap ETF
SPSM
SPDR Series Trust - SPDR Portfolio S&P 600 Small Cap ETF
VIOO
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 ETF
DFAS
Dimensional ETF Trust - Dimensional U.S. Small Cap ETF
GSSC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF
IJT
BlackRock Institutional Trust Company N.A. - iShares S&P Small-Cap 600 Growth ETF
VIOG
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 Growth ETF
SLYG
SPDR Series Trust - SPDR S&P 600 Small Cap Growth ETF
FNDA
Schwab Strategic Trust - Schwab Fundamental U.S. Small Company Index ETF
JPSE
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Small Cap Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

FLQS is a US Equities ETF. The fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of its corresponding underlying index, LibertyQ U.S. Small Cap Equity Index. The index methodology employs a rules-based, custom multi factor approach providing exposure to four well known factors: 50% Quality, 30% Value, 10% Momentum and 10% Low Volatility.

FLQS tracks the LibertyQ U.S. Small Cap Equity Index.

No, FLQS is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FLQS is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FLQS is -0.0218%. This is the percent change in the value of FLQS over the most recent 1-month period. The 3-month return on FLQS is -0.0013%. This is the percent change in the value of FLQS over the most recent 3-month period.

The standard deviation of FLQS for the past year is 0.1881%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FLQS include SPHQ, DSI, and QUAL.

ETFs correlated to FLQS include IJR, SPSM, and VIOO.

ETFs that are inversely correlated to FLQS include TZA, RWM, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.