Key stats
About Franklin U.S. Equity Index ETF
Home page
Inception date
Jun 1, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisory Services LLC
Distributor
Franklin Distributors LLC
ISIN
US35473P4054
USPX targets the top 85% of stocks by market cap on the US equity market across various sectors. The fund excludes small-cap companies. The equity securities can include common stock, preferred stock, and REITs. The index excludes the following securities: mutual funds, ETFs, derivatives, convertible notes, warrants, and rights, limited partnerships, and depositary receipts, except Swedish, Philippines, and American depositary receipts. The index is reconstituted semiannually starting in June and rebalanced quarterly starting March. Prior to Aug. 1, 2022, the funds name is Franklin LibertyQ Global Equity ETF (FLQG) and it tracked the LibertyQ Global Equity Index, which provided selected and weighted stocks based on quality, value, momentum, and low volatility.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks99.62%
Electronic Technology23.64%
Technology Services22.43%
Finance14.45%
Retail Trade7.83%
Health Technology7.05%
Consumer Non-Durables3.24%
Producer Manufacturing3.20%
Consumer Services2.63%
Consumer Durables2.60%
Utilities2.32%
Energy Minerals2.25%
Transportation1.39%
Process Industries1.29%
Health Services1.12%
Industrial Services0.98%
Commercial Services0.98%
Communications0.84%
Distribution Services0.68%
Non-Energy Minerals0.66%
Miscellaneous0.03%
Bonds, Cash & Other0.38%
Mutual fund0.31%
Futures0.07%
Cash0.01%
Stock breakdown by region
North America97.48%
Europe2.32%
Latin America0.20%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
USPX invests in stocks. The fund's major sectors are Electronic Technology, with 23.64% stocks, and Technology Services, with 22.43% of the basket. The assets are mostly located in the North America region.
USPX top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 7.22% and 6.58% of the portfolio correspondingly.
USPX last dividends amounted to 0.17 USD. The quarter before, the issuer paid 0.15 USD in dividends, which shows a 12.74% increase.
USPX assets under management is 1.48 B USD. It's risen 8.80% over the last month.
USPX fund flows account for 177.02 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, USPX pays dividends to its holders with the dividend yield of 0.72%. The last dividend (Sep 26, 2025) amounted to 0.17 USD. The dividends are paid quarterly.
USPX shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Jun 1, 2016, and its management style is Passive.
USPX expense ratio is 0.03% meaning you'd have to pay 0.03% of your investment to help manage the fund.
USPX follows the Morningstar US Target Market Exposure Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
USPX invests in stocks.
USPX price has risen by 2.51% over the last month, and its yearly performance shows a 15.73% increase. See more dynamics on USPX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.81% over the last month, showed a 7.94% increase in three-month performance and has increased by 17.07% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.81% over the last month, showed a 7.94% increase in three-month performance and has increased by 17.07% in a year.
USPX trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.