FLQL

Franklin U.S. Large Cap Multifactor Index ETF

$68.30
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Franklin U.S. Large Cap Multifactor Index ETF (FLQL) seeks to track the performance of the Franklin U.S. Large Cap Multifactor Index, which is designed to provide exposure to large-capitalization U.S. stocks exhibiting certain 'multifactor' characteristics.

Overview

ETF tracking Franklin U.S. Large Cap Multifactor Index ETF

Category Large Cap
Issuer Other
Inception Date 2017-04-28
Market Cap $1.8B
Average Volume N/A
Dividend Yield 1.09%
52-Week Range $50.10 - $69.97
VWAP $68.46

Performance

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Investment Summary

📎 Investment Objective

The Franklin U.S. Large Cap Multifactor Index ETF (FLQL) seeks to track the performance of the Franklin U.S. Large Cap Multifactor Index, which is designed to provide exposure to large-capitalization U.S. stocks exhibiting certain 'multifactor' characteristics.

🎯 Investment Strategy

The ETF uses a passive, index-based approach to invest in a diversified portfolio of large-cap U.S. stocks. The index selects and weights companies based on a combination of factors, such as value, quality, momentum, and low volatility, in an effort to outperform the broader large-cap market.

✨ Key Features

  • Provides exposure to a diversified portfolio of large-cap U.S. stocks
  • Utilizes a multifactor approach to stock selection and weighting
  • Aims to outperform the broader large-cap market over the long term
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
  • Concentration risk: The ETF's performance may be more volatile due to its focus on large-cap stocks
  • Factor risk: The multifactor approach may not always outperform the broader market
  • Tracking error risk: The ETF may not perfectly track the performance of its underlying index

👤 Best For

The Franklin U.S. Large Cap Multifactor Index ETF may be suitable for long-term investors seeking exposure to large-cap U.S. stocks with the potential for enhanced returns through a multifactor investment approach. Investors with a moderate risk tolerance and a long-term investment horizon may find this ETF appropriate as a core holding in a diversified portfolio.