Franklin Libertyq Small Etf Profile
| FLQS Etf | USD 38.60 0.05 0.13% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Franklin LibertyQ is selling for under 38.60 as of the 24th of April 2024; that is -0.13 percent decrease since the beginning of the trading day. The etf's lowest day price was 38.4. Franklin LibertyQ has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Franklin LibertyQ Small are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of July 2022 and ending today, the 24th of April 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 underlying index. Franklin Libertyq is traded on BATS Exchange in the United States. More on Franklin LibertyQ Small
Moving together with Franklin Etf
| 0.88 | VB | Vanguard Small Cap | PairCorr |
| 0.81 | IJR | iShares Core SP | PairCorr |
| 0.88 | IWM | iShares Russell 2000 Aggressive Push | PairCorr |
| 0.97 | VRTIX | Vanguard Russell 2000 | PairCorr |
| 0.97 | VTWO | Vanguard Russell 2000 | PairCorr |
| 0.98 | FNDA | Schwab Fundamental Small | PairCorr |
| 0.81 | SPSM | SPDR Portfolio SP | 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.
| Business Concentration | Small Blend, Franklin Templeton Investments (View all Sectors) |
| Country Name | USA |
| Returns Y T D | (2.04) |
| Name | Franklin LibertyQ U.S. Small Cap Equity ETF |
| Currency Code | USD |
| In Threey Volatility | 18.68 |
| 1y Volatility | 18.61 |
| 200 Day M A | 36.6416 |
| 50 Day M A | 38.9649 |
| Code | FLQS |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.19 |
| Type | ETF |
Franklin LibertyQ Small [FLQS] is traded in USA and was established 2017-04-26. The fund is listed under Small Blend category and is part of Franklin Templeton Investments family. Franklin LibertyQ Small currently have 13.46 M in assets under management (AUM). , while the total return for the last 3 years was 1.9%.
Check Franklin LibertyQ Probability Of Bankruptcy
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 Small 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 Small Etf Constituents
| TREX | Trex Company | Stock | Industrials |
| GMED | Globus Medical | Stock | Health Care |
| KFY | Korn Ferry | Stock | Industrials |
| SSD | Simpson Manufacturing | Stock | Industrials |
| AEO | American Eagle Outfitters | Stock | Consumer Discretionary |
| CIEN | Ciena Corp | Stock | Information Technology |
| HELE | Helen of Troy | Stock | Consumer Discretionary |
Franklin LibertyQ Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of Franklin LibertyQ jumping above the current price in 90 days from now is about 54.85%. The Franklin LibertyQ Small 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 1.4542. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Franklin LibertyQ will likely underperform. Additionally, franklin LibertyQ Small has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Franklin LibertyQ to move above the current price in 90 days from now is about 54.85 (This Franklin LibertyQ Small probability density function shows the probability of Franklin Etf to fall within a particular range of prices over 90 days) .
Franklin LibertyQ Small 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 | 0.0305 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.04) |
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 Small 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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Portfolio AnalyzerPortfolio analysis module that provides access to portfolio diagnostics and optimization engine |
| 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 Small 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 Small 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 Small, 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 Small?
The danger of trading Franklin LibertyQ Small 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 Small 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 Small 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 Small. 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of Franklin LibertyQ Small 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.