# Franklin U.S. Large Cap Multifactor Index ETF (FLQL): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/flql for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Franklin Templeton · Asset class: Equity - Strategy: Passive Index · Inception: 2017-04-26 FLQL is a multi-factor approach to the US equity market. The fund`s index starts with a Russell 1000 universe, an expansive definition of the large-cap space that includes many firms we consider midcaps. Then it scores each stock on four fundamental and technical factors: quality (50% weight), value (30%), momentum (10%), and low volatility (10%). Finally, the index selects stocks with the highest four-factor composite scores. Holdings are weighted by the composite score, scaled by market cap. FLQL may appeal to investors seeking diversified core US exposure with comprehensive factor tilts.... ## Key Facts | Metric | Value | |---|---| | Price | $77.48 | | Expense Ratio | 0.15% | | Assets Under Management | $2.13B | | NAV | $76.78 | | Holdings Count | 257 | | Distribution Yield (TTM) | 1.07% | | Annual Distribution (TTM) | $0.83 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $65.30 – $81.55 | | Beta | 0.96 | ## Latest Distribution - Amount: $0.1936 /share - Ex-date: 2026-09-18 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does FLQL invest in? FLQL is a multi-factor approach to the US equity market. The fund`s index starts with a Russell 1000 universe, an expansive definition of the large-cap space that includes many firms we consider midcaps. Then it scores each stock on four fundamental and technical factors: quality (50% weight), value (30%), momentum (10%), and low volatility (10%). Finally, the index selects stocks with the highest four-factor composite scores. Holdings are weighted by the composite score, scaled by market cap. FLQL may appeal to investors seeking diversified core US exposure with comprehensive factor tilts. The index undergoes semi-annual rebalance and reconstitution with issuer weights capped at 1% each. Prior to Aug. 1, 2022, the fund traded under the name Franklin LibertyQ U.S. Equity ETF. ### What is the expense ratio of FLQL? Franklin U.S. Large Cap Multifactor Index ETF (FLQL) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FLQL? Franklin U.S. Large Cap Multifactor Index ETF (FLQL) manages $2.13B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FLQL actively managed or an index fund? FLQL is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FLQL's is 0.15%) because there's no security selection cost. ### When was FLQL launched? Franklin U.S. Large Cap Multifactor Index ETF (FLQL) launched in April 2017 and is managed by Franklin Templeton. ### How has FLQL performed? FLQL's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does FLQL pay a dividend? Franklin U.S. Large Cap Multifactor Index ETF (FLQL) currently distributes little or no income. Trailing-twelve-month yield is 1.07%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FLQL pay dividends? Franklin U.S. Large Cap Multifactor Index ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FLQL's dividend yield? FLQL's trailing-twelve-month yield is 1.07%, calculated from the sum of dividends over the past year divided by the current price. ### When is FLQL's next ex-dividend date? The most recently announced ex-dividend date for FLQL was 2026-09-18. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will FLQL's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.15% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FLQL charge its expense ratio? The expense ratio is deducted in tiny daily slices from FLQL's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FLQL cost more than a fund like VOO? FLQL is a passive index fund (current expense ratio 0.15%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to FLQL? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FLQL (0.15%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/flql - Distribution history: https://www.dividenddata.com/funds/flql/dividend - Holdings & diversification: https://www.dividenddata.com/funds/flql/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/flql/expenses - Peer comparison: https://www.dividenddata.com/funds/flql/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.