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ETFs

Franklin U.S. Mid Cap Multifactor Index ETF

FLQM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 26 2017
Expense Ratio
0.30%
Type
US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$2,232,064
AUM
$274,112,000
Associated Index
LibertyQ U.S. Mid Cap Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

PSX
Phillips 66
1.26%
ODFL
Old Dominion Freight Line, Inc.
1.25%
TT
Trane Technologies plc - Ordinary Shares - Class A
1.19%
CDW
CDW Corp
1.16%
NUE
Nucor Corp.
1.12%
LYB
LyondellBasell Industries NV - Ordinary Shares - Class A
1.08%
FICO
Fair, Isaac Corp.
1.06%
CTAS
Cintas Corporation
1.04%
PAYX
Paychex Inc.
1.04%
GWW
W.W. Grainger Inc.
1.02%
Invest with FLQM

What is FLQM?

Seeks to provide investment results that closely correspond, before fees and expenses, to the performance of its corresponding underlying index, LibertyQ U.S. Mid 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.

ETFs related toFLQM

ETFs correlated to FLQM include JHMM, JPME, RSP

FLQM
Franklin Templeton ETF Trust - Franklin U.S. Mid Cap Multifactor Index ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
JPME
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Mid Cap Equity ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
TPLC
Timothy Plan - Timothy Plan US Large/Mid Cap Core ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor 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.

Automated Strategies
Related toFLQM

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with FLQM using Composer

FAQ

FLQM is a US Equities ETF. Seeks to provide investment results that closely correspond, before fees and expenses, to the performance of its corresponding underlying index, LibertyQ U.S. Mid 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.

FLQM tracks the LibertyQ U.S. Mid Cap Equity Index.

No, FLQM 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, FLQM 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 FLQM is -0.0186%. This is the percent change in the value of FLQM over the most recent 1-month period. The 3-month return on FLQM is -0.0102%. This is the percent change in the value of FLQM over the most recent 3-month period.

The standard deviation of FLQM for the past year is 0.1737%. 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 FLQM include SPHQ, DSI, and QUAL.

ETFs correlated to FLQM include JHMM, JPME, and RSP.

ETFs that are inversely correlated to FLQM include RWM, TZA, and SRTY.

Disclaimers

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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.