FLQS vs SEIS
Franklin US Small Cap Multifactor Index ETF vs SEI Select Small Cap ETF
Which is better, FLQS or SEIS?
SEIS has been ahead.
FLQS has a lower expense ratio. SEIS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. FLQS is less concentrated, with 9.7% of the fund in its ten largest positions against 10.5%.
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 | FLQS | SEIS |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.55% |
| AUM | $50M | $607M |
| Dividend Yield | 1.57% | 0.35% |
| Holdings | 497 | 767 |
| YTD Return | +9.82% | +10.36%Best |
| 1Y Return | +9.87% | +11.88%Best |
| 3Y Return (annualized) | +12.65% | - |
| 5Y Return (annualized) | +5.25% | - |
| Volatility (annualized) | 16.3%Best | 18.4% |
| Max Drawdown | -23.1%Best | -25.7% |
| $10,000 over 2 years | $11,578 | $12,417Best |
| Top 10 Weight | 9.7%Best | 10.5% |
| Fund Family | Franklin Templeton Investments (US) | SEI EXCHANGE TRADED FUNDS |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Apr 26, 2017 | Oct 8, 2024 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 10, 2024 to Oct 14, 2026 (2 years).
FLQS vs SEIS 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 years both funds cover.
FLQS vs SEIS Performance
Franklin US Small Cap Multifactor Index ETF (FLQS) is an ETF from Franklin Templeton Investments (US) and SEI Select Small Cap ETF (SEIS) is an ETF from SEI EXCHANGE TRADED FUNDS. Over the past year FLQS returned +9.87% while SEIS returned +11.88%. Year to date, FLQS is up 9.82% versus a gain of 10.36% for SEIS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SEIS has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 16.3% for FLQS. 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 -23.1% for FLQS and -25.7% for SEIS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FLQS charges 0.35% per year while SEIS charges 0.55%. On a $10,000 position that is $35 vs $55 annually, a gap of $20 per year that compounds over a long holding period. On income, FLQS currently yields 1.57% against 0.35% for SEIS.
Holdings Overlap
35.8% of FLQS's money is in holdings SEIS also owns. 29.8% of SEIS's money is in holdings FLQS also owns.
The two portfolios partly overlap.
108 positions in common, counted across the 491 positions we hold weights for in FLQS and 369 in SEIS, against full books of 497 and 767.
What only one of them owns
Our book lists 247 positions for SEIS that do not appear in our book for FLQS (65.9% of the fund), and 367 for FLQS that do not appear in SEIS (62.3%).
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 FLQS | Weight in SEIS | Difference |
|---|---|---|---|
| ANFAbercrombie & Fitch Co. Class A | 1.00% | 1.24% | 0.24% |
| CAKECheesecake Factory Inc/the | 0.91% | 0.78% | 0.13% |
| ENVAEnova International Inc. (usd) | 0.60% | 1.00% | 0.40% |
| URBNUrban Outfitters Inc | 0.50% | 1.09% | 0.59% |
| YOUClear Secure Inc -Class A | 0.64% | 0.71% | 0.07% |
| IDCCInterdigital Inc | 1.00% | 0.32% | 0.68% |
| FCFSFirstcash Inc | 0.91% | 0.40% | 0.51% |
| VSCOVictoria'S Secret & Co Common Stock USD 0.01 | 0.73% | 0.53% | 0.20% |
| QLYSQualys Inc | 1.04% | 0.19% | 0.85% |
| ALKS:IEAlkermes Plc. Ordinary Shares | 0.94% | 0.28% | 0.66% |
35.8% of FLQS is already inside SEIS.
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, FLQS or SEIS?
FLQS has an expense ratio of 0.35% while SEIS charges 0.55%. FLQS is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, FLQS or SEIS?
Over the past year FLQS returned +9.87% vs +11.88% for SEIS, so SEIS leads on 1-year performance. Over the longest common window we track (2 years), FLQS annualized +7.60% vs +11.43% for SEIS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLQS or SEIS?
SEIS has been the more volatile fund at 18.4% annualized versus 16.3% for FLQS. Worst drawdown: FLQS -23.1% vs SEIS -25.7%.
Should I hold both FLQS and SEIS?
FLQS and SEIS have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FLQS and SEIS?
35.8% of FLQS's money is in holdings SEIS also owns. 29.8% of SEIS's is in holdings FLQS also owns. They hold 108 positions in common, counted across the 491 positions we hold weights for in FLQS and 369 in SEIS.
Which pays a higher dividend, FLQS or SEIS?
FLQS yields 1.57% while SEIS yields 0.35%, so FLQS currently pays the higher dividend yield.
Is SEIS better than FLQS?
FLQS has a lower expense ratio. SEIS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. FLQS is less concentrated, with 9.7% of the fund in its ten largest positions against 10.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.