FLQDFranklin LibertyQ Global Dividend ETF
FLQD Fund Description
FLQD is passively managed to invest in 100 global equities screened for high dividend income and quality characteristics.
FLQD Factset Analytics Insight
FLQD searches for quality among the global high dividend yield stocks. The fund includes large- and midcap stocks that have consistent higher than average dividend and screens out firms that have not had consistently positive dividend growth over the last five years, as well as those with less than 1.2x the average dividend yield of the MSCI ACWI (ex-REITS). Quality factors such as: ROE, earnings variability, cash return on assets and leverage are also included in the selection. These quality factors are normalized by region and produces a quality z-score which ranks the 100 stocks to be included in the index. The securities are weighted by market cap and quality z-score, capped at 2% per issuer. The index is rebalanced on a semi-annual basis.
FLQD MSCI ESG Analytics Insight
Franklin LibertyQ Global Dividend ETF has an MSCI ESG Fund Rating of AA based on a score of 7.78 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Franklin LibertyQ Global Dividend ETF ranks in the 88th percentile within its peer group and in the 70th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FLQD MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FLQD Summary Data
FLQD Portfolio Data
FLQD Index Data
FLQD Portfolio Management
FLQD Tax Exposures
FLQD Fund Structure
FLQD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FLQD. FLQD is rated a 4 out of 5.
FLQD Sector/Industry Breakdown
FLQD Economic Development
FLQD Performance Statistics
FLQD MSCI ESG Ratings
FLQD Benchmark Comparison Summary
FLQD Benchmark Comparison Market Cap Size