Franklin Libertyq Us Etf Profile
FLQL Etf | USD 53.25 0.03 0.06% |
Performance20 of 100
| Odds Of DistressLess than 9
|
Franklin LibertyQ is selling for 53.25 as of the 29th of March 2024. This is a 0.06 percent increase since the beginning of the trading day. The etf's lowest day price was 53.21. Franklin LibertyQ has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Franklin LibertyQ US are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 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 US
Moving together with Franklin Etf
0.99 | VTI | Vanguard Total Stock | PairCorr |
1.0 | SPY | SPDR SP 500 Sell-off Trend | PairCorr |
1.0 | IVV | IShares Core SP | PairCorr |
0.98 | VIG | Vanguard Dividend | PairCorr |
1.0 | VV | Vanguard Large-Cap Index | PairCorr |
0.9 | RSP | Invesco SP 500 | PairCorr |
0.99 | IWB | IShares Russell 1000 | 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 | Large Cap ETFs, Size And Style ETFs, Large Blend, Franklin Templeton Investments (View all Sectors) |
Issuer | Franklin Templeton Investments |
Inception Date | 2017-04-26 |
Benchmark | LibertyQ U.S. Large Cap Equity Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 1.29 Billion |
Average Trading Valume | 52,727.7 |
Asset Type | Equity |
Category | Size and Style |
Focus | Large 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 | 214 |
Market Maker | Susquehanna |
Total Expense | 0.15 |
Management Fee | 0.15 |
Country Name | USA |
Returns Y T D | 11.75 |
Name | Franklin LibertyQ U.S. Equity ETF |
Currency Code | USD |
Open Figi | BBG00GKQZDZ9 |
In Threey Volatility | 16.95 |
1y Volatility | 13.19 |
200 Day M A | 46.4475 |
50 Day M A | 51.12 |
Code | FLQL |
Updated At | 28th of March 2024 |
Currency Name | US Dollar |
Franklin LibertyQ US [FLQL] is traded in USA and was established 2017-04-26. The fund is listed under Large Blend category and is part of Franklin Templeton Investments family. The entity is thematically classified as Large Cap ETFs. Franklin LibertyQ currently have 863.3 M in assets under management (AUM). , while the total return for the last 3 years was 11.8%.
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 US 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 US Etf Constituents
HON | Honeywell International | Stock | Industrials |
AMGN | Amgen Inc | Stock | Health Care |
CVS | CVS Health Corp | Stock | Health Care |
VZ | Verizon Communications | Stock | Communication Services |
SBUX | Starbucks | Stock | Consumer Discretionary |
WMT | Walmart | Stock | Consumer Staples |
BAX | Baxter International | Stock | Health Care |
Franklin LibertyQ Target Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Franklin LibertyQ jumping above the current price in 90 days from now is about 6.32%. The Franklin LibertyQ US 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 Franklin LibertyQ has a beta of 0.9759. This usually indicates Franklin LibertyQ US market returns are very sensitive to returns on the market. As the market goes up or down, Franklin LibertyQ is expected to follow. Additionally, franklin LibertyQ US has an alpha of 0.0436, implying that it can generate a 0.0436 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 6.32 (This Franklin LibertyQ US probability density function shows the probability of Franklin Etf to fall within a particular range of prices over 90 days) .
Franklin LibertyQ Top Holders
FTCZX | Franklin Servative Allocation | Mutual Fund | Allocation--30% to 50% Equity |
FLSZX | Franklin Lifesmart 2055 | Mutual Fund | Target-Date 2055 |
FLTNX | Franklin Lifesmart 2055 | Mutual Fund | Target-Date 2055 |
FLBSX | Franklin Lifesmart 2060 | Mutual Fund | Target-Date 2060+ |
FMLTX | Franklin Lifesmart 2045 | Mutual Fund | Target-Date 2045 |
FLRJX | Franklin Lifesmart 2045 | Mutual Fund | Target-Date 2045 |
FLJSX | Franklin Lifesmart 2060 | Mutual Fund | Target-Date 2060+ |
Franklin LibertyQ 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 | 0.1374 | |||
Jensen Alpha | 0.0436 | |||
Total Risk Alpha | 0.0033 | |||
Sortino Ratio | 0.0623 |
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 US 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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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 US 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 US 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 US, 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 US?
The danger of trading Franklin LibertyQ US 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 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 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 US. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Franklin Etf analysis
When running Franklin LibertyQ's price analysis, check to measure Franklin LibertyQ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franklin LibertyQ is operating at the current time. Most of Franklin LibertyQ's value examination focuses on studying past and present price action to predict the probability of Franklin LibertyQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin LibertyQ's price. Additionally, you may evaluate how the addition of Franklin LibertyQ to your portfolios can decrease your overall portfolio volatility.
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The market value of Franklin LibertyQ 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.