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Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US35473P8766

CUSIP

35473P876

Inception Date

Apr 26, 2017

Region

North America (U.S.)

Leveraged

1x

Index Tracked

LibertyQ U.S. Small Cap Equity Index

Asset Class

Equity

Asset Class Size

Small-Cap

Asset Class Style

Blend

Expense Ratio

FLQS has an expense ratio of 0.35%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) returned -2.63% year-to-date (YTD) and 4.69% over the past 12 months.


FLQS

YTD

-2.63%

1M

4.91%

6M

-10.41%

1Y

4.69%

3Y*

7.83%

5Y*

12.01%

10Y*

N/A

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of FLQS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.12%-4.34%-3.81%-2.75%5.51%-2.63%
2024-3.39%4.51%3.44%-6.48%4.85%-2.02%10.00%-1.96%1.61%-2.70%10.35%-8.24%8.34%
20238.27%-0.46%-2.98%-0.99%-2.37%8.00%4.38%-2.30%-4.58%-4.54%8.26%10.48%21.28%
2022-9.03%0.06%-0.11%-6.91%-0.62%-5.96%9.46%-3.76%-9.23%11.72%4.35%-5.68%-16.84%
20215.50%4.91%4.07%2.76%0.52%1.17%0.01%2.44%-3.34%4.59%-1.70%3.25%26.53%
2020-2.34%-10.03%-20.54%13.58%6.40%1.62%3.85%3.80%-3.92%1.87%14.48%6.71%10.51%
20198.31%4.37%-2.12%3.27%-7.43%5.14%0.84%-2.97%2.87%2.03%1.88%1.71%18.33%
20183.69%-2.68%0.00%2.10%5.11%3.06%0.22%4.15%-1.45%-7.64%-0.85%-8.42%-3.71%
2017-2.80%1.88%-0.60%-2.84%3.21%3.89%2.40%0.00%5.01%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FLQS is 23, meaning it’s performing worse than 77% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FLQS is 2323
Overall Rank
The Sharpe Ratio Rank of FLQS is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of FLQS is 2323
Sortino Ratio Rank
The Omega Ratio Rank of FLQS is 2121
Omega Ratio Rank
The Calmar Ratio Rank of FLQS is 2323
Calmar Ratio Rank
The Martin Ratio Rank of FLQS is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Franklin LibertyQ U.S. Small Cap Equity ETF Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 0.21
  • 5-Year: 0.59
  • All Time: 0.36

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Franklin LibertyQ U.S. Small Cap Equity ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Franklin LibertyQ U.S. Small Cap Equity ETF provided a 1.47% dividend yield over the last twelve months, with an annual payout of $0.60 per share.


1.00%1.20%1.40%1.60%1.80%$0.00$0.10$0.20$0.30$0.40$0.50$0.60$0.7020172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017
Dividend$0.60$0.54$0.68$0.46$0.38$0.38$0.41$0.32$0.27

Dividend yield

1.47%1.30%1.75%1.40%0.95%1.20%1.41%1.27%1.04%

Monthly Dividends

The table displays the monthly dividend distributions for Franklin LibertyQ U.S. Small Cap Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.09$0.00$0.00$0.09
2024$0.00$0.00$0.04$0.00$0.00$0.16$0.00$0.00$0.16$0.00$0.00$0.19$0.54
2023$0.00$0.00$0.10$0.00$0.00$0.12$0.12$0.00$0.09$0.00$0.00$0.25$0.68
2022$0.00$0.00$0.06$0.00$0.00$0.05$0.00$0.00$0.15$0.00$0.00$0.20$0.46
2021$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.09$0.00$0.00$0.21$0.38
2020$0.00$0.00$0.04$0.00$0.00$0.03$0.00$0.00$0.17$0.00$0.00$0.14$0.38
2019$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.17$0.00$0.00$0.16$0.41
2018$0.00$0.00$0.02$0.00$0.00$0.04$0.00$0.00$0.11$0.00$0.00$0.15$0.32
2017$0.04$0.00$0.00$0.10$0.00$0.00$0.14$0.27

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Franklin LibertyQ U.S. Small Cap Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Franklin LibertyQ U.S. Small Cap Equity ETF was 42.16%, occurring on Mar 18, 2020. Recovery took 148 trading sessions.

The current Franklin LibertyQ U.S. Small Cap Equity ETF drawdown is 11.40%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-42.16%Sep 5, 2018355Mar 18, 2020148Nov 16, 2020503
-28.05%Nov 17, 2021140Jun 16, 2022439Mar 27, 2024579
-23.12%Nov 26, 202490Apr 8, 2025
-8.9%Aug 1, 20245Aug 7, 202449Oct 16, 202454
-7.85%Apr 1, 202413Apr 17, 202460Jul 15, 202473
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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