AMID vs. FLQM
Compare and contrast key facts about Argent Mid Cap ETF (AMID) and Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM).
AMID and FLQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMID is an actively managed fund by Argent. It was launched on Aug 17, 2022. FLQM is a passively managed fund by Franklin Templeton that tracks the performance of the LibertyQ U.S. Mid Cap Equity Index. It was launched on Apr 26, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMID or FLQM.
Correlation
The correlation between AMID and FLQM is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AMID vs. FLQM - Performance Comparison
Key characteristics
AMID:
1.03
FLQM:
1.27
AMID:
1.54
FLQM:
1.86
AMID:
1.18
FLQM:
1.22
AMID:
2.12
FLQM:
2.03
AMID:
4.85
FLQM:
6.03
AMID:
3.50%
FLQM:
2.67%
AMID:
16.57%
FLQM:
12.63%
AMID:
-15.98%
FLQM:
-37.26%
AMID:
-7.82%
FLQM:
-7.24%
Returns By Period
The year-to-date returns for both stocks are quite close, with AMID having a 14.46% return and FLQM slightly lower at 14.31%.
AMID
14.46%
-3.64%
6.91%
15.23%
N/A
N/A
FLQM
14.31%
-3.62%
6.17%
14.84%
11.73%
N/A
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AMID vs. FLQM - Expense Ratio Comparison
AMID has a 0.52% expense ratio, which is higher than FLQM's 0.30% expense ratio.
Risk-Adjusted Performance
AMID vs. FLQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Argent Mid Cap ETF (AMID) and Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AMID vs. FLQM - Dividend Comparison
AMID has not paid dividends to shareholders, while FLQM's dividend yield for the trailing twelve months is around 0.83%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
AMID Argent Mid Cap ETF | 0.00% | 0.43% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF | 0.83% | 1.27% | 1.33% | 1.05% | 1.09% | 1.36% | 1.45% | 1.14% |
Drawdowns
AMID vs. FLQM - Drawdown Comparison
The maximum AMID drawdown since its inception was -15.98%, smaller than the maximum FLQM drawdown of -37.26%. Use the drawdown chart below to compare losses from any high point for AMID and FLQM. For additional features, visit the drawdowns tool.
Volatility
AMID vs. FLQM - Volatility Comparison
Argent Mid Cap ETF (AMID) has a higher volatility of 5.15% compared to Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) at 4.29%. This indicates that AMID's price experiences larger fluctuations and is considered to be riskier than FLQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.