FLQM uses a multifactor approach, which could have success in the years ahead. It's outperformed passive mid-cap funds and sets itself apart by trying to cut down on volatility. Overall, the approach makes a lot of sense.
Growing confidence in corporate earnings and controlled inflation boosts smaller-cap stocks, benefiting from lower rates and economic recovery. FLQM ETF outperforms the Russell Midcap index with strong returns, modest volatility, and a multifactor approach focusing on quality, value, momentum, and low volatility. The Fund's sector allocation emphasizes consumer discretionary and technology, maintaining lower valuations and higher profitability metrics than the Russell Midcap index.
The Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) made its debut on 04/26/2017, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Mid Cap Blend category of the market.
The Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) was launched on 04/26/2017, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Blend segment of the US equity market.
Making its debut on 04/26/2017, smart beta exchange traded fund Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) provides investors broad exposure to the Style Box - Mid Cap Blend category of the market.
Launched on 04/26/2017, the Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) is a passively managed exchange traded fund designed to provide a broad exposure to the Mid Cap Blend segment of the US equity market.
FLQM is a multi-factor mid-cap fund emphasizing quality, value, momentum, and low volatility. Its expense ratio is 0.30% and the ETF has $673 million in assets under management. FLQM's Index assigns a 50% weighting to the quality factor. I've double-checked this using Seeking Alpha Factor Grades and found it's the most profitable mid-cap fund on the market. The tradeoff is weak growth, which ranks #58/67 in its category. However, that can be mitigated with another high-quality, higher growth fund with only 9% overlap with FLQM.