FLQM vs MCDS
Franklin US Mid Cap Multifactor Index ETF vs JPMorgan Fundamental Data Science Mid Core ETF
Which is better, FLQM or MCDS?
MCDS has been ahead.
FLQM has a lower expense ratio. MCDS led over 1Y and the full window. FLQM is less concentrated, with 11.5% of the fund in its ten largest positions against 14.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FLQM | MCDS |
|---|---|---|
| Expense Ratio | 0.30%Best | 0.35% |
| AUM | $1.4B | $8M |
| Dividend Yield | 1.71% | 1.05% |
| Holdings | 210 | 208 |
| YTD Return | +4.87% | +12.25%Best |
| 1Y Return | +5.37% | +15.68%Best |
| 3Y Return (annualized) | +12.15% | - |
| 5Y Return (annualized) | +6.76% | - |
| Volatility (annualized) | 12.1%Best | 12.9% |
| Max Drawdown | -19.7%Best | -22.5% |
| $10,000 over 2.2 years | $11,560 | $13,279Best |
| Top 10 Weight | 11.5%Best | 14.3% |
| Fund Family | Franklin Templeton Investments (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Apr 26, 2017 | Aug 7, 2024 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 8, 2024 to Oct 14, 2026 (2.2 years).
FLQM vs MCDS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
FLQM vs MCDS Performance
Franklin US Mid Cap Multifactor Index ETF (FLQM) is an ETF from Franklin Templeton Investments (US) and JPMorgan Fundamental Data Science Mid Core ETF (MCDS) is an ETF from J.P. Morgan Asset Management. Over the past year FLQM returned +5.37% while MCDS returned +15.68%. Year to date, FLQM is up 4.87% versus a gain of 12.25% for MCDS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MCDS has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 12.1% for FLQM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.7% for FLQM and -22.5% for MCDS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLQM charges 0.30% per year while MCDS charges 0.35%. On a $10,000 position that is $30 vs $35 annually, a gap of $5 per year that compounds over a long holding period. On income, FLQM currently yields 1.71% against 1.05% for MCDS.
Holdings Overlap
31.0% of FLQM's money is in holdings MCDS also owns. 22.8% of MCDS's money is in holdings FLQM also owns.
The two portfolios partly overlap.
48 positions in common, counted across the 205 positions we hold weights for in FLQM and 204 in MCDS, against full books of 210 and 208.
What only one of them owns
Our book lists 149 positions for MCDS that do not appear in our book for FLQM (73.7% of the fund), and 151 for FLQM that do not appear in MCDS (66.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FLQM | Weight in MCDS | Difference |
|---|---|---|---|
| TERTeradyne Inc | 1.13% | 0.94% | 0.19% |
| GRMNGarmin Ltd Common Stock | 1.19% | 0.80% | 0.39% |
| ACGLArch Capital Group Ltd | 1.04% | 0.89% | 0.15% |
| HIGHartford Financial Services Group Inc. | 0.98% | 0.84% | 0.14% |
| DALDelta Air Lines Inc. | 1.01% | 0.77% | 0.24% |
| DVNDevon Energy Corp | 1.06% | 0.70% | 0.36% |
| GWWWw Grainger Inc. | 1.03% | 0.64% | 0.39% |
| EXPEExpedia Group Inc. | 1.16% | 0.50% | 0.66% |
| MTDMettler-Toledo International Inc. | 1.08% | 0.55% | 0.53% |
| YUMYum! Brands, Inc. | 0.91% | 0.63% | 0.28% |
31.0% of FLQM is already inside MCDS.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FLQM or MCDS?
FLQM has an expense ratio of 0.30% while MCDS charges 0.35%. FLQM is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, FLQM or MCDS?
Over the past year FLQM returned +5.37% vs +15.68% for MCDS, so MCDS leads on 1-year performance. Over the longest common window we track (2 years), FLQM annualized +6.81% vs +13.76% for MCDS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLQM or MCDS?
MCDS has been the more volatile fund at 12.9% annualized versus 12.1% for FLQM. Worst drawdown: FLQM -19.7% vs MCDS -22.5%.
Should I hold both FLQM and MCDS?
FLQM and MCDS have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FLQM and MCDS?
31.0% of FLQM's money is in holdings MCDS also owns. 22.8% of MCDS's is in holdings FLQM also owns. They hold 48 positions in common, counted across the 205 positions we hold weights for in FLQM and 204 in MCDS.
Which pays a higher dividend, FLQM or MCDS?
FLQM yields 1.71% while MCDS yields 1.05%, so FLQM currently pays the higher dividend yield.
Is MCDS better than FLQM?
FLQM has a lower expense ratio. MCDS led over 1Y and the full window. FLQM is less concentrated, with 11.5% of the fund in its ten largest positions against 14.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.