Franklin Libertyq Mid Etf Profile
| FLQM Etf | USD 51.35 0.51 1.00% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Franklin LibertyQ is selling at 51.35 as of the 8th of May 2024; that is 1.00 percent increase since the beginning of the trading day. The etf's lowest day price was 51.14. Franklin LibertyQ has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Franklin LibertyQ Mid are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of March 2024 and ending today, the 8th of May 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its assets in the component securities of the U.S. Franklin Libertyq is traded on BATS Exchange in the United States. More on Franklin LibertyQ Mid
Moving together with Franklin Etf
| 0.99 | VO | Vanguard Mid Cap | PairCorr |
| 0.9 | VXF | Vanguard Extended Market | PairCorr |
| 0.97 | IJH | iShares Core SP | PairCorr |
| 0.99 | IWR | iShares Russell Mid | PairCorr |
| 0.97 | MDY | SPDR SP MIDCAP | PairCorr |
| 0.89 | FV | First Trust Dorsey | PairCorr |
| 0.99 | IVOO | Vanguard SP Mid | PairCorr |
Moving against Franklin Etf
| 0.41 | HUM | Humana Inc Financial Report 7th of August 2024 | PairCorr |
Franklin Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Franklin LibertyQ's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Franklin LibertyQ or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Mid Cap ETFs, Mid-Cap Blend, Franklin Templeton Investments (View all Sectors) |
| Issuer | Franklin Templeton Investments |
| Inception Date | 2017-04-26 |
| Benchmark | LibertyQ U.S. Mid Cap Equity Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 620.59 Million |
| Average Trading Valume | 101,921 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Mid Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Franklin Templeton Services, LLC |
| Advisor | Franklin Advisory Services, LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | Franklin Distributors, LLC |
| Portfolio Manager | Dina Ting, Hailey Harris, Joe Diederich, Basit Amin |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 207 |
| Market Maker | Susquehanna |
| Total Expense | 0.3 |
| Management Fee | 0.3 |
| Country Name | USA |
| Returns Y T D | 6.86 |
| Name | Franklin LibertyQ U.S. Mid Cap Equity ETF |
| Currency Code | USD |
| Open Figi | BBG00GKQZHB6 |
| In Threey Volatility | 18.58 |
| 1y Volatility | 19.34 |
| 200 Day M A | 46.9611 |
| 50 Day M A | 51.4848 |
| Code | FLQM |
| Updated At | 7th of May 2024 |
| Currency Name | US Dollar |
Franklin LibertyQ Mid [FLQM] is traded in USA and was established 2017-04-26. The fund is listed under Mid-Cap Blend category and is part of Franklin Templeton Investments family. The entity is thematically classified as Size And Style ETFs. Franklin LibertyQ Mid currently have 65.5 M in assets under management (AUM). , while the total return for the last 3 years was 7.1%.
Check Franklin LibertyQ Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Franklin Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Franklin Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Franklin LibertyQ Mid Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Franklin LibertyQ Mid Etf Constituents
| SNPS | Synopsys | Stock | Information Technology |
| PAYX | Paychex | Stock | Industrials |
| CDW | CDW Corp | Stock | Information Technology |
| MTD | Mettler Toledo International | Stock | Health Care |
| CHD | Church Dwight | Stock | Consumer Staples |
| CDNS | Cadence Design Systems | Stock | Information Technology |
| ETR | Entergy | Stock | Utilities |
Franklin LibertyQ Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Franklin LibertyQ jumping above the current price in 90 days from now is about 37.22%. The Franklin LibertyQ Mid probability density function shows the probability of Franklin LibertyQ etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.1057. This usually indicates Franklin LibertyQ Mid market returns are highly reactive to returns on the market. As the market goes up or down, Franklin LibertyQ is expected to follow. Additionally, franklin LibertyQ Mid has an alpha of 0.0058, implying that it can generate a 0.005776 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Franklin LibertyQ to move above the current price in 90 days from now is about 37.22 (This Franklin LibertyQ Mid probability density function shows the probability of Franklin Etf to fall within a particular range of prices over 90 days) .
Franklin LibertyQ Mid Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Franklin LibertyQ market risk premium is the additional return an investor will receive from holding Franklin LibertyQ long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Franklin LibertyQ. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Franklin LibertyQ's alpha and beta are two of the key measurements used to evaluate Franklin LibertyQ's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0769 | |||
| Jensen Alpha | 0.0058 | |||
| Total Risk Alpha | 0.0019 | |||
| Sortino Ratio | 0.0156 |
Franklin LibertyQ Against Markets
Picking the right benchmark for Franklin LibertyQ etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Franklin LibertyQ etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Franklin LibertyQ is critical whether you are bullish or bearish towards Franklin LibertyQ Mid at a given time. Please also check how Franklin LibertyQ's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Franklin LibertyQ without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
How to buy Franklin Etf?
Before investing in Franklin LibertyQ, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Franklin LibertyQ. To buy Franklin LibertyQ etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Franklin LibertyQ. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Franklin LibertyQ etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Franklin LibertyQ Mid etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Franklin LibertyQ Mid etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Franklin LibertyQ Mid, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Franklin Etf please use our How to Invest in Franklin LibertyQ guide.
Already Invested in Franklin LibertyQ Mid?
The danger of trading Franklin LibertyQ Mid is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Franklin LibertyQ is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Franklin LibertyQ. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Franklin LibertyQ Mid is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Franklin LibertyQ Mid is a strong investment it is important to analyze Franklin LibertyQ's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin LibertyQ's future performance. For an informed investment choice regarding Franklin Etf, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin LibertyQ Mid. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Franklin LibertyQ Mid is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin LibertyQ's value that differs from its market value or its book value, called intrinsic value, which is Franklin LibertyQ's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin LibertyQ's market value can be influenced by many factors that don't directly affect Franklin LibertyQ's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin LibertyQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin LibertyQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin LibertyQ's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.