Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS)

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Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) is up 7.0% since the beginning of the year. FLQS is currently trading at $46 per share. Investors who bought $1,000 worth of FLQS shares 5 years ago would now be looking at an investment worth $1,307.

Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) has returned 7.01% so far this year and 15.79% over the past 12 months.

Based on dividend-adjusted daily data since Apr 28, 2017, FLQS's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, an investment would double in approximately 7.2 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +14.5%, while the worst month was Mar 2020 at -20.5%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FLQS closed higher 46% of trading days. The best single day was Mar 19, 2020 with a return of +10.0%, while the worst single day was Mar 16, 2020 at -16.2%.

Franklin LibertyQ U.S. Small Cap Equity ETF has an annualized alpha of -2.93%, beta of 0.91, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since May 01, 2017.

• This ETF participated in 102.80% of S&P 500 Index downside but only 82.73% of its upside - more exposed to losses than it benefited from rallies.
• This ETF had an annualized alpha of -2.93% versus S&P 500 Index - delivering less than market exposure alone would predict.
• With beta of 0.91 and R2 of 0.62, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

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

FLQS ranks 31 for risk / return — below 31% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) and compare them to S&P 500 Index.

Franklin LibertyQ U.S. Small Cap Equity ETF provided a 1.34% dividend yield over the last twelve months, with an annual payout of $0.62 per share.

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.

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.

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 169 trading sessions.

The current Franklin LibertyQ U.S. Small Cap Equity ETF drawdown is 0.53%.

The chart below shows the rolling one-month volatility.