From Nasdaq:

The Franklin U.S. Large Cap Multifactor Index ETF (FLQL) is an exchange traded fund launched in 2017 with over $1.17 billion in assets. Large cap companies have market capitalization over $10 billion and provide stable cash flows. The ETF is passively managed with a 0.15% expense ratio and a 1.49% dividend yield. The focus is on Information Technology with top holdings in Apple Inc, Microsoft Corp, and Amazon.com Inc.

FLQL aims to match the performance of the LibertyQ US Large Cap Equity Index, providing stable and diversified exposure with returns of 0.80% year to date and 21.99% in the past year. Annual operating expenses are 0.15%. Comparatively, the iShares Core S&P 500 ETF and the SPDR S&P 500 ETF track a similar index with lower expense ratios of 0.03% and 0.09% respectively.

Passively managed ETFs like FLQL are gaining popularity due to low costs and tax efficiency. A good choice for those seeking exposure to large cap blend, investors can also consider other ETF options in the space. For further details and to receive more info on FLQL, visit the Zacks ETF Center and sign up for Zacks’ free Fund Newsletter for the latest news and analysis.



Read more: Should Franklin U.S. Large Cap Multifactor Index ETF (FLQL) Be on Your Investing Radar?