Is Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) a Strong ETF Right Now?

The Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) was launched on 04/26/2017, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Mid Cap Blend category of the market.

Zacks Investment Research • Nov 28, 2025

Should Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) Be on Your Investing Radar?

If you're interested in broad exposure to the Mid Cap Blend segment of the US equity market, look no further than the Franklin U.S. Mid Cap Multifactor Index ETF (FLQM), a passively managed exchange traded fund launched on April 26, 2017.

Zacks Investment Research • Nov 18, 2025

FLQM ETF: There Are Better Ways To Play U.S. Mid-Caps

FLQM, an actively managed mid-cap ETF, underperforms its benchmark and charges higher fees compared to passive peers like IVOO and MDY. The fund's portfolio has a slightly higher weighting on consumer discretionary and industrials, but lacks significant differentiation. FLQM's risk-adjusted returns are weak, with a Sharpe ratio of 0.34, and its beta suggests alignment with the benchmark's volatility.

Seeking Alpha • Mar 27, 2025

Financial Giant Charts a Differentiated Course in Active ETFs

Investment manager Franklin Templeton has marked eight years as an ETF issuer in the U.S. market. Primarily known as an active manager of mutual funds, the firm also offers active, quasi-active and passively managed strategies within the ETF wrapper.

ETF Trends • Dec 2, 2024

A Smarter Way To Midcap?

Investors have embraced U.S. midcap equity ETFs in 2024, with the investment style gathering $19 billion of new money as of early November. This cash haul was more than the $17 billion brought in by small-cap equities.

ETF Trends • Nov 7, 2024

FLQM: Multifactor Is Working In Mid-Caps

FLQM uses a multifactor approach, which could have success in the years ahead. It's outperformed passive mid-cap funds and sets itself apart by trying to cut down on volatility. Overall, the approach makes a lot of sense.

Seeking Alpha • Nov 4, 2024

FLQM: An Outperforming Mid-Cap ETF At Reasonable Valuation

Growing confidence in corporate earnings and controlled inflation boosts smaller-cap stocks, benefiting from lower rates and economic recovery. FLQM ETF outperforms the Russell Midcap index with strong returns, modest volatility, and a multifactor approach focusing on quality, value, momentum, and low volatility. The Fund's sector allocation emphasizes consumer discretionary and technology, maintaining lower valuations and higher profitability metrics than the Russell Midcap index.

Seeking Alpha • Oct 14, 2024

FLQM: Mid-Cap Multifactor Fund Swaps Growth For Quality

FLQM is a multi-factor mid-cap fund emphasizing quality, value, momentum, and low volatility. Its expense ratio is 0.30% and the ETF has $673 million in assets under management. FLQM's Index assigns a 50% weighting to the quality factor. I've double-checked this using Seeking Alpha Factor Grades and found it's the most profitable mid-cap fund on the market. The tradeoff is weak growth, which ranks #58/67 in its category. However, that can be mitigated with another high-quality, higher growth fund with only 9% overlap with FLQM.

Seeking Alpha • Jun 18, 2024

FLQM: A Multifactor ETF With Numerous Nuances

FLQM is a smart beta vehicle mixing quality, value, momentum, and low volatility factors in a portfolio consisting of the worthiest Russell Midcap index constituents. FLQM offers a well-calibrated take on passive multifactor investing. It delivers on quality, value, momentum, and low volatility fronts, representing a leaner, more potent version of IWR with solid returns. However, there are a few nuances that welcome a more skeptical view, including the size factor, soft growth characteristics, and the inability to beat the market consistently in the past.

Seeking Alpha • Apr 4, 2024

Why Now For U.S. Equity Income?

US equities, as measured by the S&P 500 Index, have performed strongly so far in 2023.

Seeking Alpha • Dec 11, 2023