Core Insights - The Franklin U.S. Large Cap Multifactor Index ETF (FLQL) offers broad exposure to the Style Box - Large Cap Blend category and debuted on April 26, 2017 [1] - The fund is designed to outperform traditional market cap weighted indexes by utilizing a multi-factor selection process [6] Fund Overview - Sponsored by Franklin Templeton Investments, FLQL has amassed over $1.61 billion in assets, making it one of the larger ETFs in its category [5] - The ETF seeks to match the performance of the LibertyQ US Large Cap Equity Index, which aims for lower risk and higher risk-adjusted performance compared to the Russell 1000 Index [6] Cost Structure - FLQL has an annual operating expense ratio of 0.15%, making it one of the cheaper options in the market [7] - The fund has a 12-month trailing dividend yield of 1.13% [7] Sector Exposure and Holdings - The ETF's largest allocation is in the Information Technology sector, comprising approximately 35% of the portfolio [8] - Nvidia Corp (NVDA) is the top holding at about 6.42% of total assets, followed by Microsoft Corp (MSFT) and Apple Inc (AAPL) [9] - The top 10 holdings account for around 34.29% of total assets under management [9] Performance Metrics - As of August 13, 2025, FLQL has returned approximately 13.39% year-to-date and 23.47% over the past year [11] - The fund has a beta of 0.94 and a standard deviation of 16.24% over the trailing three-year period, indicating effective diversification of company-specific risk [11] Alternatives - Other ETFs in the same space include SPDR S&P 500 ETF (SPY) and Vanguard S&P 500 ETF (VOO), with assets of $657.19 billion and $722.37 billion respectively [12] - SPY has an expense ratio of 0.09% while VOO charges 0.03% [12]