FLQL vs. USMV
Compare and contrast key facts about Franklin LibertyQ U.S. Equity ETF (FLQL) and iShares Edge MSCI Min Vol USA ETF (USMV).
FLQL and USMV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLQL is a passively managed fund by Franklin Templeton that tracks the performance of the LibertyQ U.S. Large Cap Equity Index. It was launched on Apr 26, 2017. USMV is a passively managed fund by iShares that tracks the performance of the MSCI USA Minimum Volatility Index. It was launched on Oct 18, 2011. Both FLQL and USMV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLQL or USMV.
Correlation
The correlation between FLQL and USMV is 0.84, 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
FLQL vs. USMV - Performance Comparison
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Key characteristics
FLQL:
0.69
USMV:
1.08
FLQL:
1.11
USMV:
1.53
FLQL:
1.16
USMV:
1.23
FLQL:
0.73
USMV:
1.52
FLQL:
2.77
USMV:
5.74
FLQL:
5.11%
USMV:
2.47%
FLQL:
19.87%
USMV:
13.14%
FLQL:
-33.64%
USMV:
-33.10%
FLQL:
-2.84%
USMV:
-0.16%
Returns By Period
In the year-to-date period, FLQL achieves a 3.12% return, which is significantly lower than USMV's 6.51% return.
FLQL
3.12%
12.72%
2.59%
13.66%
16.70%
16.27%
N/A
USMV
6.51%
4.66%
3.98%
14.10%
12.19%
11.61%
10.52%
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FLQL vs. USMV - Expense Ratio Comparison
Both FLQL and USMV have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
FLQL vs. USMV — Risk-Adjusted Performance Rank
FLQL
USMV
FLQL vs. USMV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin LibertyQ U.S. Equity ETF (FLQL) and iShares Edge MSCI Min Vol USA ETF (USMV). 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.
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Dividends
FLQL vs. USMV - Dividend Comparison
FLQL's dividend yield for the trailing twelve months is around 1.14%, less than USMV's 1.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLQL Franklin LibertyQ U.S. Equity ETF | 1.14% | 1.13% | 1.50% | 2.07% | 1.81% | 1.99% | 1.78% | 1.82% | 1.22% | 0.00% | 0.00% | 0.00% |
USMV iShares Edge MSCI Min Vol USA ETF | 1.54% | 1.67% | 1.82% | 1.62% | 1.26% | 1.81% | 1.88% | 2.12% | 1.77% | 2.22% | 2.02% | 1.88% |
Drawdowns
FLQL vs. USMV - Drawdown Comparison
The maximum FLQL drawdown since its inception was -33.64%, roughly equal to the maximum USMV drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for FLQL and USMV. For additional features, visit the drawdowns tool.
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Volatility
FLQL vs. USMV - Volatility Comparison
Franklin LibertyQ U.S. Equity ETF (FLQL) has a higher volatility of 4.51% compared to iShares Edge MSCI Min Vol USA ETF (USMV) at 3.54%. This indicates that FLQL's price experiences larger fluctuations and is considered to be riskier than USMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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