FLQS vs TSEE
Franklin US Small Cap Multifactor Index ETF vs T. Rowe Price Small-Cap ETF
Which is better, FLQS or TSEE?
FLQS costs less.
FLQS has a lower expense ratio. FLQS is less concentrated, with 9.7% of the fund in its ten largest positions against 14.7%.
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 | TSEE |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.59% |
| AUM | $50M | $10M |
| Dividend Yield | 1.57% | 0.00% |
| Holdings | 497 | 220 |
| YTD Return | +9.82%Best | -4.78% |
| 1Y Return | +9.87% | - |
| 3Y Return (annualized) | +12.65% | - |
| 5Y Return (annualized) | +5.25% | - |
| Top 10 Weight | 9.7%Best | 14.7% |
| Fund Family | Franklin Templeton Investments (US) | T.Rowe Price |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Apr 26, 2017 | Sep 16, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FLQS vs TSEE 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FLQS vs TSEE Performance
Franklin US Small Cap Multifactor Index ETF (FLQS) is an ETF from Franklin Templeton Investments (US) and T. Rowe Price Small-Cap ETF (TSEE) is an ETF from T.Rowe Price. Year to date, FLQS is up 9.82% versus a loss of 4.78% for TSEE.
Past performance does not guarantee future results.
Fees and Cost Over Time
FLQS charges 0.35% per year while TSEE charges 0.59%. On a $10,000 position that is $35 vs $59 annually, a gap of $24 per year that compounds over a long holding period. On income, FLQS currently yields 1.57% against 0.00% for TSEE.
Holdings Overlap
15.5% of FLQS's money is in holdings TSEE also owns. 15.8% of TSEE's money is in holdings FLQS also owns.
TSEE and FLQS share little of their money.
34 positions in common, counted across the 491 positions we hold weights for in FLQS and 220 in TSEE, against full books of 497 and 220.
What only one of them owns
Our book lists 166 positions for TSEE that do not appear in our book for FLQS (74.6% of the fund), and 434 for FLQS that do not appear in TSEE (79.4%).
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 TSEE | Difference |
|---|---|---|---|
| IDCCInterdigital Inc | 1.00% | 1.58% | 0.58% |
| FCFSFirstcash Inc | 0.91% | 1.19% | 0.28% |
| ESEEsco Technologies Inc | 0.89% | 1.04% | 0.15% |
| CTRECaretrust Reit Inc Reit Usd.01 | 0.85% | 1.04% | 0.19% |
| MGYMagnolia Oil & Gas Corp | 0.53% | 1.15% | 0.62% |
| GOGrocery Outlet Holding Corp | 0.13% | 1.27% | 1.14% |
| ATMUAtmus Filtration Technologies Inc | 0.48% | 0.67% | 0.19% |
| KTBKontoor Brands Inc | 0.54% | 0.45% | 0.09% |
| COMPSturm Ruger & Company Inc. | 0.72% | 0.23% | 0.49% |
| VSCOVictoria'S Secret & Co Common Stock USD 0.01 | 0.73% | 0.21% | 0.52% |
You are not choosing between two funds in isolation.
Whichever of FLQS and TSEE you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FLQS or TSEE?
FLQS has an expense ratio of 0.35% while TSEE charges 0.59%. FLQS is the cheaper option, by $24 a year on a $10,000 investment.
What is the holdings overlap between FLQS and TSEE?
15.8% of TSEE's money is in holdings FLQS also owns. 15.8% of TSEE's is in holdings FLQS also owns. They hold 34 positions in common, counted across the 491 positions we hold weights for in FLQS and 220 in TSEE.
Which pays a higher dividend, FLQS or TSEE?
FLQS yields 1.57% while TSEE yields 0.00%, so FLQS currently pays the higher dividend yield.
Is TSEE better than FLQS?
FLQS has a lower expense ratio. FLQS is less concentrated, with 9.7% of the fund in its ten largest positions against 14.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.