FESC vs FLQS
First Eagle Small Cap Equity ETF vs Franklin US Small Cap Multifactor Index ETF
Which is better, FESC or FLQS?
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 10.4%.
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 | FESC | FLQS |
|---|---|---|
| Expense Ratio | 0.55% | 0.35%Best |
| AUM | $5M | $50M |
| Dividend Yield | 0.00% | 1.57% |
| Holdings | 184 | 497 |
| YTD Return | -9.73% | +9.82%Best |
| 1Y Return | - | +9.87% |
| 3Y Return (annualized) | - | +12.65% |
| 5Y Return (annualized) | - | +5.25% |
| Top 10 Weight | 10.4% | 9.7%Best |
| Fund Family | First Eagle Investments | Franklin Templeton Investments (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Jun 30, 2026 | Apr 26, 2017 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FESC vs FLQS 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.
FESC vs FLQS Performance
First Eagle Small Cap Equity ETF (FESC) is an ETF from First Eagle Investments and Franklin US Small Cap Multifactor Index ETF (FLQS) is an ETF from Franklin Templeton Investments (US). Year to date, FESC is down 9.73% versus a gain of 9.82% for FLQS.
Past performance does not guarantee future results.
Fees and Cost Over Time
FESC charges 0.55% per year while FLQS charges 0.35%. On a $10,000 position that is $55 vs $35 annually, a gap of $20 per year that compounds over a long holding period. On income, FESC currently yields 0.00% against 1.57% for FLQS.
Holdings Overlap
22.5% of FESC's money is in holdings FLQS also owns. 11.7% of FLQS's money is in holdings FESC also owns.
FESC and FLQS share little of their money.
42 positions in common, counted across the 181 positions we hold weights for in FESC and 491 in FLQS, against full books of 184 and 497.
What only one of them owns
Our book lists 426 positions for FLQS that do not appear in our book for FESC (83.2% of the fund), and 132 for FESC that do not appear in FLQS (73.0%).
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 FESC | Weight in FLQS | Difference |
|---|---|---|---|
| CONConcentra Group Holdings Parent Inc | 0.89% | 0.54% | 0.35% |
| LPGDorian Lpg Ltd | 1.21% | 0.22% | 0.99% |
| RELYRemitly Global, Inc. | 0.91% | 0.44% | 0.47% |
| CDNACaredx Inc | 1.04% | 0.21% | 0.83% |
| CAKECheesecake Factory Inc/the | 0.34% | 0.91% | 0.57% |
| CHEFChefs' Warehouse, Inc. | 0.72% | 0.50% | 0.22% |
| IBPInstalled Building Products | 0.58% | 0.56% | 0.02% |
| GFFGriffon Corp. | 0.67% | 0.42% | 0.25% |
| BDCBelden Inc | 0.55% | 0.53% | 0.02% |
| ATRCAtricure, Inc. | 0.63% | 0.40% | 0.23% |
22.5% of FESC is already inside FLQS.
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, FESC or FLQS?
FESC has an expense ratio of 0.55% while FLQS charges 0.35%. FLQS is the cheaper option, by $20 a year on a $10,000 investment.
What is the holdings overlap between FESC and FLQS?
22.5% of FESC's money is in holdings FLQS also owns. 11.7% of FLQS's is in holdings FESC also owns. They hold 42 positions in common, counted across the 181 positions we hold weights for in FESC and 491 in FLQS.
Which pays a higher dividend, FESC or FLQS?
FESC yields 0.00% while FLQS yields 1.57%, so FLQS currently pays the higher dividend yield.
Is FLQS better than FESC?
FLQS has a lower expense ratio. FLQS is less concentrated, with 9.7% of the fund in its ten largest positions against 10.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.