Key stats
About Franklin U.S. Small Cap Multifactor Index ETF
Home page
Inception date
Apr 26, 2017
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
US35473P8766
FLQS seeks to achieve lower risk and higher risk-adjusted performance than the Russell 2000 Index by screening and re-weighting its components for favorable exposure to four investment style factors. The fund scores small-caps by quality (ROE, gross profit over assets, and gross margin sustainability), value (forward earnings yield, EBITDA to enterprise value, price to book value, and dividend yield), momentum (6- and 12-month risk-adjusted price momentum), and low volatility (beta). Quality accounts for 50% of the factor score, value for 30%, and momentum and low volatility for 10% each. Holdings are weighted by their factor score, scaled by market cap. The index undergoes semi-annual rebalance and reconstitution with issuer weights capped at 1% each. Prior to Aug. 1, 2022, the fund traded under the name Franklin LibertyQ U.S. Small Cap Equity ETF.
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
Finance
Technology Services
Stocks99.28%
Finance18.54%
Technology Services12.01%
Producer Manufacturing8.16%
Retail Trade6.97%
Health Technology6.96%
Commercial Services6.18%
Consumer Services5.87%
Consumer Non-Durables5.38%
Utilities5.09%
Electronic Technology4.88%
Consumer Durables4.41%
Process Industries3.37%
Industrial Services3.25%
Health Services2.30%
Distribution Services1.75%
Transportation1.74%
Energy Minerals1.33%
Communications0.79%
Non-Energy Minerals0.26%
Bonds, Cash & Other0.72%
Mutual fund0.76%
Cash−0.05%
Stock breakdown by region
North America97.65%
Europe1.63%
Latin America0.29%
Asia0.23%
Middle East0.20%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FLQS invests in stocks. The fund's major sectors are Finance, with 18.55% stocks, and Technology Services, with 12.01% of the basket. The assets are mostly located in the North America region.
FLQS top holdings are InterDigital, Inc. and Rambus Inc., occupying 1.14% and 1.08% of the portfolio correspondingly.
FLQS last dividends amounted to 0.10 USD. The quarter before, the issuer paid 0.09 USD in dividends, which shows a 8.66% increase.
FLQS assets under management is 68.66 M USD. It's risen 37.84% over the last month.
FLQS fund flows account for 23.79 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, FLQS pays dividends to its holders with the dividend yield of 1.24%. The last dividend (Jul 7, 2025) amounted to 0.10 USD. The dividends are paid quarterly.
FLQS shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Apr 26, 2017, and its management style is Passive.
FLQS expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
FLQS follows the LibertyQ US Small Cap Equity. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FLQS invests in stocks.
FLQS price has risen by 5.42% over the last month, and its yearly performance shows a 11.02% increase. See more dynamics on FLQS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.82% over the last month, showed a 6.98% increase in three-month performance and has increased by 12.36% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.82% over the last month, showed a 6.98% increase in three-month performance and has increased by 12.36% in a year.
FLQS trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.