# Franklin U.S. Small Cap Multifactor Index ETF (FLQS): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/flqs 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 This exchange-traded fund aims to closely track the financial performance of the LibertyQ U.S. Small Cap Equity Index, prior to accounting for any management fees or operational expenses. ## Key Facts | Metric | Value | |---|---| | Price | $48.99 | | Expense Ratio | 0.35% | | Assets Under Management | $49.1M | | NAV | $49.09 | | Holdings Count | 496 | | Distribution Yield (TTM) | 1.50% | | Annual Distribution (TTM) | $0.73 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $40.76 – $50.86 | | Beta | 0.91 | ## Latest Distribution - Amount: $0.1956 /share - Ex-date: 2026-09-18 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does FLQS invest in? This exchange-traded fund aims to closely track the financial performance of the LibertyQ U.S. Small Cap Equity Index, prior to accounting for any management fees or operational expenses. ### What is the expense ratio of FLQS? Franklin U.S. Small Cap Multifactor Index ETF (FLQS) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FLQS? Franklin U.S. Small Cap Multifactor Index ETF (FLQS) manages $49.1M 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 FLQS actively managed or an index fund? FLQS 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 (FLQS's is 0.35%) because there's no security selection cost. ### When was FLQS launched? Franklin U.S. Small Cap Multifactor Index ETF (FLQS) launched in April 2017 and is managed by Franklin Templeton. ### How has FLQS performed? FLQS'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 FLQS pay a dividend? Franklin U.S. Small Cap Multifactor Index ETF (FLQS) currently distributes little or no income. Trailing-twelve-month yield is 1.50%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FLQS pay dividends? Franklin U.S. Small 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 FLQS's dividend yield? FLQS's trailing-twelve-month yield is 1.50%, calculated from the sum of dividends over the past year divided by the current price. ### When is FLQS's next ex-dividend date? The most recently announced ex-dividend date for FLQS 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 FLQS's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.35% 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 FLQS charge its expense ratio? The expense ratio is deducted in tiny daily slices from FLQS'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 FLQS cost more than a fund like VOO? FLQS is a passive index fund (current expense ratio 0.35%). 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 FLQS? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FLQS (0.35%) 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/flqs - Distribution history: https://www.dividenddata.com/funds/flqs/dividend - Holdings & diversification: https://www.dividenddata.com/funds/flqs/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/flqs/expenses - Peer comparison: https://www.dividenddata.com/funds/flqs/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.