Symbols

FLQL

Franklin U.S. Large Cap Multifactor Index ETF·CBOE

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Key Stats

Assets Under Management

1.83BUSD

Fund Flows (1Y)

23.31MUSD

Dividend Yield

1.07%

Discount/Premium to NAV

-0.07%

Shares Outstanding

25.50M

Expense Ratio

0.15%

About Franklin U.S. Large Cap Multifactor Index ETF

Issuer

Franklin Advisory Services, LLC

Brand

Franklin

Home Page

https://www.franklintempleton.com/investments/options/exchange-traded-funds/products/25773/SINGLCLASS/franklin-libertyq-us-equity-etf/FLQL

Inception Date

Apr 26, 2017

Structure

Open-Ended Fund

Index Tracked

LibertyQ U.S. Large Cap Equity Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Franklin Advisory Services LLC

Distributor

Franklin Distributors LLC

FLQL is a multi-factor approach to the US equity market. The fund's index starts with a Russell 1000 universe, an expansive definition of the large-cap space that includes many firms we consider midcaps. Then it scores each stock on four fundamental and technical factors: quality (50% weight), value (30%), momentum (10%), and low volatility (10%). Finally, the index selects stocks with the highest four-factor composite scores. Holdings are weighted by the composite score, scaled by market cap. FLQL may appeal to investors seeking diversified core US exposure with comprehensive factor tilts. The index undergoes semi-annual rebalance and reconstitution with issuer weights capped at 1% each. Prior to Aug. 1, 2022, the fund traded under the name Franklin LibertyQ U.S. Equity ETF.