- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One Franklin Parkway San Mateo CA United States of America 94403
- IPO Date
- Apr 28, 2017
- Business
- Franklin U.S. Large Cap Multifactor Index ETF (FLQL) is an exchange-traded fund that seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Large Cap Equity Index; the underlying index applies a rules-based weighted methodology anchored around three diversifying factors—40% quality, 30% value, and 30% momentum—drawn from the Russell 1000 Index investment universe, which comprises approximately 1,000 U.S. large-cap equities. The ETF invests at least 80% of its assets in the component securities of the index, offering core U.S. equity exposure with low tracking error, a focus on participating in up-markets while minimizing drawdowns in downturns, and a 30-day SEC yield of around 1.19%; top holdings include Microsoft Corp., NVIDIA Corp., Apple Inc., Meta Platforms Inc., and Amazon.com Inc., with recent additions such as CME Group Inc., Robinhood Markets Inc., and Johnson Controls International plc. FLQL trades on the Cboe exchange and caters to investors seeking large blend-style exposure in the smart beta ETF segment.
FLQL operates as part of the Franklin Templeton ETF lineup, issued by Franklin Templeton ETF Trust and sponsored by Franklin Resources, Inc. (NYSE: BEN), a global investment management firm founded in 1947 and headquartered in San Mateo, California. The firm provides a broad array of investment products worldwide, including mutual funds, ETFs, and alternative strategies across equities, fixed income, multi-asset, and digital assets, serving institutional, wealth management, and retail clients primarily in the United States with global reach.
Recent developments at Franklin Templeton, the ETF's sponsor, include the completion of the acquisition of Apera Asset Management in September 2025 to bolster capabilities; expansion of the active ETF lineup with two new international equity strategies (PGRI and TINS) in October 2025; a multi-year strategic partnership with Wand AI announced in November 2025 to advance agentic AI in asset management; and launches of new digital asset ETFs such as Franklin Solana ETF (SOEZ) in December 2025, Franklin XRP ETF (XRPZ) in November 2025, and expansions to the Franklin Crypto Index ETF (EZPZ) in December 2025. Additional strategic moves encompass partnerships with Copenhagen Infrastructure Partners, DigitalBridge, and Actis in September 2025 for private wealth infrastructure solutions, as well as with Binance in August 2025 for digital assets initiatives. These initiatives reflect Franklin Templeton's ongoing expansion in ETFs, alternatives, and technology-driven solutions within the last year.