Franklin U.S. Mid Cap Multifactor Index ETF
FLQM
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One Franklin Parkway San Mateo CA United States of America 94403
- IPO Date
- Apr 28, 2017
- CIK
- 0001655589
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) is an exchange-traded fund that tracks the LibertyQ U.S. Mid Cap Equity Index, providing investors with targeted exposure to the U.S. mid-cap equity segment through a multifactor rules-based methodology emphasizing quality (50%), value (30%), momentum (10%), and low volatility (10%) factors. The fund selects and weights the top 25% of securities from the Russell Midcap Index parent universe based on combined factor scores, with quality measured by metrics including return on equity, gross profit over assets, and return on assets; value via EBITDA to enterprise value, forward price-to-earnings, and dividend yield (excluding REITs and financials where applicable); momentum through 6-month risk-adjusted price momentum; and low volatility via weighted beta. FLQM offers core U.S. mid-cap equity exposure with low tracking error relative to the Russell Midcap Index, holding approximately 130-150 securities diversified across sectors such as industrials, consumer discretionary, financials, and health care; top holdings as of recent data include eBay Inc., Tractor Supply Company, Ferguson Enterprises Inc., and IDEXX Laboratories Inc. Issued and managed by Franklin Templeton ETF Trust, a subsidiary of Franklin Resources, Inc. (NYSE: BEN), which was founded in 1947 and is headquartered in San Mateo, California, FLQM launched on April 26, 2017 under the management of portfolio managers including Dina Ting, Hailey Harris, Basit Amin, and Joe Diederich. The ETF operates primarily in the U.S. equity market, targeting institutional and retail investors seeking factor-enhanced mid-cap performance with aims to participate in up-markets while minimizing drawdowns; it is listed on Cboe BZX Exchange with total net assets exceeding $1.67 billion as of late 2025. In recent developments, Franklin Templeton has expanded its ETF lineup significantly, launching innovative products such as the Franklin U.S. Dividend Multiplier ETF (XUDV) and Franklin International Dividend Multiplier ETF (XIDV) in January 2025 in collaboration with New Frontier and VettaFi to deliver enhanced dividend income through optimization techniques. The firm further grew its active ETF offerings in December 2025 with two new international equity strategies, PGRI and TINS, leveraging Putnam's fundamental research and Templeton's global insights, underscoring its commitment to diversified ETF solutions amid over $50 billion in global ETF assets under management. Additional strategic moves include partnerships like the $70 million alliance with The Arab Investment Company (TAIC) for the Franklin Gulf Wealth Bond Fund in October 2025 and expanded distribution with online brokers in Europe.