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Franklin LibertyQ U.S. Small Cap Equity (FLQS)
Look-through valuation · Style & factor · Expense ratio 0.35 % · ISIN US35473P8766
Price history (since 2017)
Monthly close since 2017. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Qualys Inc QLYS | 1.1 % | +12.4 % | 82 |
| Abercrombie & Fitch Company ANF | 1.0 % | +37.4 % | 66 |
| InterDigital Inc IDCC | 1.0 % | +25.9 % | 74 |
| Moog Inc MOG-A | 1.0 % | −66.6 % | 56 |
| CommVault Systems Inc CVLT | 1.0 % | −39.9 % | 65 |
| Protagonist Therapeutics Inc PTGX | 1.0 % | −91.7 % | 38 |
| Essent Group Ltd ESNT | 0.9 % | +13.2 % | 70 |
| Alkermes Plc ALKS | 0.9 % | +12.4 % | 68 |
| FIRSTCASH HLDGS INC.DL-01 FF60 | 0.9 % | n/a | n/a |
| The Cheesecake Factory CAKE | 0.9 % | −57.0 % | 59 |
| ESCO Technologies Inc ESE | 0.9 % | −58.3 % | 67 |
| CareTrust REIT Inc. CTRE | 0.8 % | −7.5 % | 50 |
| PNM Resources Inc PNM | 0.8 % | n/a | n/a |
| Lantheus Holdings Inc LNTH | 0.8 % | +10.1 % | 65 |
| Sensient Technologies Corporation SXT | 0.8 % | −80.4 % | 54 |
| Selective Insurance Group, Inc. SIGI | 0.8 % | +1.4 % | 66 |
| Home BancShares Inc HOMB | 0.7 % | −21.1 % | 64 |
| Compass Inc COMP | 0.7 % | −42.6 % | 52 |
| Southwest Gas Holdings Inc SWX | 0.7 % | −32.6 % | 48 |
| Frontdoor Inc FTDR | 0.7 % | −1.0 % | 71 |
| Box Inc BOX | 0.7 % | −1.9 % | 72 |
| Jfrog Ltd FROG | 0.7 % | −71.7 % | 52 |
| International Seaways Inc INSW | 0.7 % | −60.6 % | 54 |
| Victoria's Secret & Co VSCO | 0.7 % | n/a | n/a |
| ACI Worldwide Inc ACIW | 0.7 % | +8.4 % | 71 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 50 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +76.9 % below FV
- 2 MCHI iShares MSCI China ETF +41.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +37.1 % below FV
- 4 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +32.2 % below FV
- 5 VOX Vanguard Communication Services Index Fund ETF Shares +21.5 % below FV
- 6 XLC Communication Services Select Sector SPDR® Fund +20.6 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.1 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +15.2 % below FV
- 9 SHRY First Trust Bloomberg Shareholder Yield ETF +14.6 % below FV
- 10 TAN Invesco Solar ETF +14.5 % below FV
Frequently asked about FLQS
Is FLQS overvalued?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of FLQS?
What is the expense ratio of FLQS?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Franklin LibertyQ U.S. Small Cap Equity ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Oct 15, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.