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Franklin LibertyQ U.S. Equity (FLQL)Overvalued or undervalued?
Look-through valuation · US market · Expense ratio 0.14 % · ISIN US35473P8014
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 |
|---|---|---|---|
| Apple Inc. AAPL | 8.3 % | −0.3 % | 82 |
| NVIDIA Corporation NVDA | 6.8 % | −5.9 % | 73 |
| Microsoft Corporation MSFT | 5.7 % | +10.0 % | 66 |
| Amazon.com Inc AMZN | 3.4 % | −43.4 % | 56 |
| Alphabet Inc Class A GOOGL | 3.4 % | n/a | n/a |
| Alphabet Inc Class C GOOG | 2.6 % | +5.9 % | 68 |
| Broadcom Inc AVGO | 2.1 % | −6.5 % | 71 |
| Visa Inc. Class A V | 1.9 % | −45.8 % | 81 |
| Meta Platforms Inc. META | 1.9 % | +10.0 % | 66 |
| Johnson & Johnson JNJ | 1.8 % | −36.0 % | 80 |
| AbbVie Inc ABBV | 1.7 % | −9.1 % | 74 |
| Eli Lilly and Company LLY | 1.5 % | −41.2 % | 67 |
| Cisco Systems Inc CSCO | 1.5 % | +10.0 % | 76 |
| Philip Morris International Inc PM | 1.4 % | −43.4 % | 78 |
| Mastercard Inc MA | 1.3 % | −42.6 % | 83 |
| Caterpillar Inc CAT | 1.3 % | −55.1 % | 65 |
| Lam Research Corp LRCX | 1.3 % | +9.0 % | 86 |
| Applied Materials Inc AMAT | 1.2 % | −2.2 % | 76 |
| Micron Technology Inc MU | 1.2 % | −29.4 % | 73 |
| Arista Networks ANET | 1.1 % | −6.4 % | 74 |
| Citigroup Inc. C | 1.1 % | −11.3 % | 51 |
| JPMorgan Chase & Co JPM | 1.1 % | −43.6 % | 64 |
| KLA Corporation KLAC | 1.1 % | −8.0 % | 59 |
| Amgen Inc AMGN | 1.1 % | +12.0 % | 64 |
| Tesla Inc TSLA | 1.1 % | −89.2 % | 49 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 216 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 KWEB KraneShares CSI China Internet ETF 50.0 % below FV
- 2 CHIQ Global X MSCI China Consumer Disc ETF 49.1 % below FV
- 3 CHIU Global X MSCI China Utilities ETF 44.8 % below FV
- 4 MCHI iShares MSCI China ETF 36.2 % below FV
- 5 FLCH Franklin FTSE China ETF 35.7 % below FV
- 6 FDNI First Trust Dow Jones International Internet ETF 28.9 % below FV
- 7 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 26.1 % below FV
- 8 ITB iShares U.S. Home Construction ETF 23.0 % below FV
- 9 FDEM Fidelity® Emerging Markets Multifactor ETF 17.1 % below FV
- 10 TAN Invesco Solar ETF 16.6 % below FV
Frequently asked about FLQL
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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. 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 27, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.