FLQH

Franklin LibertyQ International Equity Hedged ETF
*Unless otherwise stated, data provided by FactSet.

FLQH Fund Description

FLQH track an index of 250 developed market stocks (ex-US) which are selected and weighted by quality, value, momentum and low-volatility factors. The fund is currency-hedged for USD investors.

FLQH Factset Analytics Insight

FLQH applies a classic factor-based approach to the MSCI EAFE Index, a popular index of international developed stocks. EAFE components are scored based on four factors: quality (ROE, leverage, etc.), value (P/E, P/B, etc.), momentum (6- and 12-month price momentum, adjusted for risk) and low volatility (beta). Factor scores are normalized by region. The 250 stocks with the highest scores are selected for FLQH's portfolio, and are weighted by their factor scores scaled by market cap. Finally, the effects of foreign currency movements are hedged out.FLQH launched in June 2016. While the fund is not unreasonably priced given its "smart beta" approach, several well-established competitors follow similar strategies, and vanilla ETFs covering the same geographic scope are available for a fraction of the price.

FLQH MSCI ESG Analytics Insight

Franklin LibertyQ International Equity Hedged ETF has an MSCI ESG Fund Rating of AA based on a score of 7.52 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 International Equity Hedged ETF ranks in the 92nd percentile within its peer group and in the 84th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FLQH Charts And Performance

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Select ETFs to compare their performance:
PERFORMANCE [as of 11/20/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FLQH 2.28% 7.64% 20.16% 17.69% 5.96% -- --
FLQH (NAV) 2.46% 7.12% 19.84% 17.19% 9.86% -- --
LibertyQ International Equity Hedged Index 2.04% 7.71% 16.80% 13.84% 9.07% 3.54% --
MSCI World ex USA IMI 2.79% 8.44% 18.43% 13.57% 9.66% 4.55% 5.45%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLQH Summary Data

06/01/16
Open-Ended Fund
0.40%
$10.74M
$62.96K
0.30%

FLQH Portfolio Data

$56.10B
13.96
1.93
4.36%
12/19/19
230

FLQH Index Data

Multi-Factor
Multi-Factor
MSCI World ex USA IMI

FLQH Portfolio Management

0.40%
5.12%
9.31%
1.69%

FLQH Tax Exposures

20.00% / 39.60%
1.28%
Qualified dividends
No

FLQH Fund Structure

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

FLQH Factset Analytics Block Liquidity

As of 11/21/19
5
4
3
2
1

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

FLQH Tradability

2,390
$62.96K
1,110
$28.49K
0.30%
$0.08
0.35%
1.52% / -2.30%
None
16.00%
100,000
0.01
0.09%
0.03%
0
$26.64
4

FLQH Sector/Industry Breakdown


FLQH
Segment Benchmark
19.95%
23.89%
18.30%
11.86%
14.34%
10.06%
11.39%
10.60%
10.19%
7.59%
7.82%
3.57%
7.18%
15.56%
4.13%
3.54%
3.62%
6.41%
3.08%
6.92%

FLQH Top 10 Holdings[View All]

2.50%
2.26%
2.22%
2.21%
2.11%
2.04%
1.93%
1.86%
1.85%
1.82%
20.8%

FLQH Countries


FLQH
Segment Benchmark
22.22%
15.05%
22.10%
23.51%
20.44%
6.48%
5.68%
7.88%
4.43%
9.03%
4.22%
2.84%
3.17%
2.53%
3.17%
1.57%
2.79%
3.31%
2.28%
2.20%

FLQH Regions


FLQH
Segment Benchmark
50.20%
55.07%
49.09%
34.54%
0.39%
9.88%
0.33%
0.52%

FLQH Economic Development


FLQH
Segment Benchmark
100.00%
100.00%

FLQH Performance Statistics

0.77
0.72
0.59
0.86
0.33%
MSCI World ex USA IMI

FLQH MSCI ESG Ratings

AA
7.52 / 10
83.72
92.47
14.76%
8.23%
176.28

FLQH Benchmark Comparison Holdings

230
3543
227
23.89%

FLQH Benchmark Comparison Summary


FLQH
Segment Benchmark
230
3543
$56.10B
$52.69B
13.96
16.81
1.93
1.58
4.07%
3.28%
Low
Low

FLQH Benchmark Comparison Market Cap Size


FLQH
Segment Benchmark
80.44%
68.01%
19.22%
23.03%
0.05%
7.83%
0.00%
1.13%