FLQM vs. QIDX

Last updated Jun 24, 2026

FLQM (Franklin LibertyQ U.S. Mid Cap Equity ETF) and QIDX (Indexperts Quality Earnings Focused ETF) are both Mid Cap Blend Equities funds. FLQM is passively managed, while QIDX is actively managed. Over the past year, FLQM returned 7.43% vs 14.00% for QIDX. Their correlation of 0.86 suggests significant overlap in exposure. FLQM charges 0.30%/yr vs 0.50%/yr for QIDX.

Performance

FLQM vs. QIDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) and Indexperts Quality Earnings Focused ETF (QIDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLQM achieves a 1.78% return, which is significantly lower than QIDX's 8.19% return.

FLQM

• 1D: 0.58%
• 1M: 0.46%
• YTD: 1.78%
• 6M: 0.64%
• 1Y: 7.43%
• 3Y*: 11.10%
• 5Y*: 6.88%
• 10Y*: —

QIDX

• 1D: 0.09%
• 1M: 1.61%
• YTD: 8.19%
• 6M: 7.35%
• 1Y: 14.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLQM vs. QIDX - Yearly Performance Comparison

	2026 (YTD)	2025
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF	1.78%	5.16%
QIDX Indexperts Quality Earnings Focused ETF	8.19%	6.60%

Correlation

The correlation between FLQM and QIDX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 2, 2025	0.86

The correlation between FLQM and QIDX has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.

Return for Risk

FLQM vs. QIDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLQM

FLQM Risk / Return Rank: 20
FLQM Sharpe Ratio Rank: 19
FLQM Sortino Ratio Rank: 19
FLQM Omega Ratio Rank: 17
FLQM Calmar Ratio Rank: 22
FLQM Martin Ratio Rank: 23

QIDX

QIDX Risk / Return Rank: 38
QIDX Sharpe Ratio Rank: 36
QIDX Sortino Ratio Rank: 37
QIDX Omega Ratio Rank: 34
QIDX Calmar Ratio Rank: 42
QIDX Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLQM vs. QIDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) and Indexperts Quality Earnings Focused ETF (QIDX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FLQM	QIDX	Difference
Sharpe ratio: Return per unit of total volatility	0.61	1.26	-0.65
Sortino ratio: Return per unit of downside risk	0.99	1.86	-0.87
Omega ratio: Gain probability vs. loss probability	1.11	1.22	-0.11
Calmar ratio: Return relative to maximum drawdown	0.99	2.03	-1.04
Martin ratio: Return relative to average drawdown	2.72	6.72	-4.00

FLQM vs. QIDX - Sharpe Ratio Comparison

The current FLQM Sharpe Ratio is 0.61, which is lower than the QIDX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of FLQM and QIDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FLQM vs. QIDX - Drawdown Comparison

The maximum FLQM drawdown since its inception was -37.26%, which is greater than QIDX's maximum drawdown of -14.99%. Use the drawdown chart below to compare losses from any high point for FLQM and QIDX.

Drawdown Indicators

	FLQM	QIDX	Difference
Max Drawdown Largest peak-to-trough decline	-37.26%	-14.99%	-22.27%
Max Drawdown (1Y) Largest decline over 1 year	-7.57%	-6.92%	-0.65%
Max Drawdown (3Y) Largest decline over 3 years	-19.70%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.51%	—	—
Current Drawdown Current decline from peak	-2.30%	-0.97%	-1.33%
Average Drawdown Average peak-to-trough decline	-4.90%	-2.24%	-2.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.74%	2.09%	+0.65%

Volatility

FLQM vs. QIDX - Volatility Comparison

Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) and Indexperts Quality Earnings Focused ETF (QIDX) have volatilities of 3.13% and 2.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLQM	QIDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.13%	2.99%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	8.54%	8.53%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	12.23%	11.17%	+1.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.40%	14.56%	+1.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.45%	14.56%	+3.89%

FLQM vs. QIDX - Expense Ratio Comparison

FLQM has a 0.30% expense ratio, which is lower than QIDX's 0.50% expense ratio.

Dividends

FLQM vs. QIDX - Dividend Comparison

FLQM's dividend yield for the trailing twelve months is around 1.50%, more than QIDX's 0.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF	1.50%	1.49%	1.28%	1.27%	1.33%	1.05%	1.10%	1.37%	1.42%	1.15%
QIDX Indexperts Quality Earnings Focused ETF	0.85%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLQM and QIDX in my portfolio?

FLQM and QIDX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLQM or QIDX?

FLQM has higher volatility (3.13%) compared to QIDX (2.99%). In terms of maximum drawdown, FLQM dropped -37.26% vs QIDX's -14.99%.

Which ETF is better, FLQM or QIDX?

On 1-year performance, QIDX leads with 14.00% vs 7.43% for FLQM. On fees, FLQM is cheaper at 0.30% per year. On volatility, QIDX has been the lower-risk option at 2.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLQM or QIDX?

Over the 1-year period, QIDX has performed better with a 14.00% return vs 7.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLQM or QIDX?

FLQM is cheaper with a 0.30% expense ratio, compared with 0.50% for QIDX.

Which ETF pays a higher dividend yield, FLQM or QIDX?

FLQM has the higher dividend yield at 1.50%, compared with 0.85% for QIDX.

What is the main difference between FLQM and QIDX?

They also come from different issuers: Franklin Templeton and Indexperts. Their fees differ too: 0.30% for FLQM and 0.50% for QIDX.

Which has better risk-adjusted returns?

QIDX currently has the higher Sharpe Ratio (1.26 vs 0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.