FLQSFranklin LibertyQ U.S. Small Cap Equity ETF
FLQS Fund Description
FLQS tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility.
FLQS Factset Analytics Insight
FLQS seeks to achieve lower risk and higher risk-adjusted performance than the Russell 2000 Index by screening and re-weighting its components for favorable exposure to four investment style factors. The fund scores small-caps by quality (ROE, gross profit over assets, and gross margin sustainability), value (forward earnings yield, EBITDA to enterprise value, price to book value, and dividend yield), momentum (6- and 12-month risk-adjusted price momentum), and low volatility (beta). Quality accounts for 50% of the factor score, value for 30%, and momentum and low volatility for 10% each. Holdings are weighted by their factor score, scaled by market cap. The index undergoes semi-annual rebalance and reconstitution with issuer weights capped at 1% each.
FLQS MSCI ESG Analytics Insight
Franklin LibertyQ U.S. Small Cap Equity ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.19 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 U.S. Small Cap Equity ETF ranks in the 30th percentile within its peer group and in the 43th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FLQS 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.
FLQS Summary Data
FLQS Portfolio Data
FLQS Index Data
FLQS Portfolio Management
FLQS Tax Exposures
FLQS Fund Structure
FLQS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FLQS. FLQS is rated a 4 out of 5.
FLQS Sector/Industry Breakdown
FLQS Economic Development
FLQS Performance Statistics
FLQS MSCI ESG Ratings
FLQS Benchmark Comparison Summary
FLQS Benchmark Comparison Market Cap Size