FLQE

Franklin LibertyQ Emerging Markets ETF
*Unless otherwise stated, data provided by FactSet.

FLQE Fund Description

FLQE tracks an index of large- and midcap emerging market equities. Stocks are selected and weighted based on 4 factors (quality, value, momentum, and low volatility) while maintaining similar characteristics to the MSCI Emerging Markets Index.

FLQE Factset Analytics Insight

FLQE offers a multi-factor take on emerging market equities that aims to maintain similar characteristics to its parent index, the MSCI Emerging Markets Index. The ETF aims to enhance exposure to four popular factors—quality, value, momentum, and low volatility—subject to exposure constraints. These same four factors also determine each constituent’s weight, scaled to market capitalization. At rebalance, each constituent’s weight is normalized to its weight within the parent index. These modest tilts and broad exposure suggest the fund is designed as a core, long-term holding rather than a short-term factor play. The expense ratio is in line with competition, and the fund is expected to fit reasonably well with its segment benchmark.

FLQE MSCI ESG Analytics Insight

Franklin LibertyQ Emerging Markets ETF has an MSCI ESG Fund Rating of BB based on a score of 3.26 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 Emerging Markets ETF ranks in the 11st percentile within its peer group and in the 10th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FLQE Charts And Performance

Price Chart ($)
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Select ETFs to compare their performance:
PERFORMANCE [as of 11/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FLQE 3.00% 7.32% 8.00% 9.16% 8.12% -- --
FLQE (NAV) 3.60% 7.25% 8.23% 7.71% 8.08% -- --
LibertyQ Emerging Markets Index 3.70% 7.36% 8.70% 8.31% 8.73% 1.57% --
MSCI Emerging Markets Investable Market Index 4.05% 7.48% 10.83% 10.13% 9.42% 3.33% 3.24%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLQE Summary Data

06/01/16
Open-Ended Fund
0.45%
$280.78M
$4.21M
0.22%

FLQE Portfolio Data

$36.30B
9.87
1.42
3.53%
12/19/19
296

FLQE Index Data

Multi-Factor
Multi-Factor
MSCI Emerging Markets Investable Market Index

FLQE Portfolio Management

0.45%
-0.57%
-0.39%
-0.80%

FLQE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FLQE Fund Structure

Open-Ended Fund
No
Yes
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FLQE Factset Analytics Block Liquidity

As of 11/12/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FLQE. FLQE is rated a 4 out of 5.

FLQE Tradability

139,586
$4.21M
3,198
$93.23K
0.22%
$0.06
0.06%
1.67% / -2.05%
None
12.00%
200,000
0.02
0.06%
0.70%
0
$30.18
4

FLQE Sector/Industry Breakdown


FLQE
Segment Benchmark
21.84%
27.00%
15.72%
7.30%
11.51%
26.70%
11.47%
4.18%
11.04%
7.59%
9.95%
7.51%
9.55%
7.08%
4.97%
6.45%
3.12%
3.14%
0.83%
3.04%

FLQE Top 10 Holdings[View All]

1.29%
1.24%
1.24%
1.21%
1.17%
1.17%
1.16%
1.12%
1.12%
1.11%
11.83%

FLQE Countries


FLQE
Segment Benchmark
17.15%
20.91%
12.82%
12.64%
11.30%
9.29%
11.07%
3.53%
11.01%
12.49%
7.04%
7.58%
4.44%
3.09%
3.31%
4.79%
3.15%
2.08%
3.11%
1.03%

FLQE Regions


FLQE
Segment Benchmark
63.94%
72.19%
14.74%
6.07%
10.97%
9.33%
10.35%
11.71%
--
0.70%

FLQE Economic Development


FLQE
Segment Benchmark
58.12%
52.61%
41.88%
47.39%

FLQE Performance Statistics

0.92
0.76
0.75
0.72
0.24%
MSCI Emerging Markets Investable Market Index

FLQE MSCI ESG Ratings

BB
3.26 / 10
9.89
10.70
3.45%
4.81%
478.63

FLQE Benchmark Comparison Holdings

296
2760
283
26.58%

FLQE Benchmark Comparison Summary


FLQE
Segment Benchmark
296
2760
$36.30B
$79.67B
9.87
13.89
1.42
1.51
4.71%
2.93%
Low
Low

FLQE Benchmark Comparison Market Cap Size


FLQE
Segment Benchmark
57.50%
58.46%
38.01%
27.78%
4.50%
11.36%
0.00%
2.40%