FLQM vs VYM
Franklin US Mid Cap Multifactor Index ETF vs Vanguard High Dividend Yield ETF
Which is better, FLQM or VYM?
Mid Cap Blend against Large Cap Value.
VYM has a lower expense ratio. FLQM led over the full window, VYM over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.91. FLQM is less concentrated, with 11.3% of the fund in its ten largest positions against 25.9%.
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 | VYM |
|---|---|---|
| Expense Ratio | 0.30% | 0.04%Best |
| AUM | $1.6B | $81.6B |
| Dividend Yield | 1.64% | 2.24% |
| Holdings | 207 | 613 |
| YTD Return | +8.10% | +15.29%Best |
| 1Y Return | +8.41% | +22.23%Best |
| 3Y Return (annualized) | +12.12% | +18.81%Best |
| 5Y Return (annualized) | +6.71% | +12.14%Best |
| Volatility (annualized) | 16.7% | 14.6%Best |
| Max Drawdown | -37.3% | -35.7%Best |
| $10,000 over 5 years | $13,836 | $17,734Best |
| Top 10 Weight | 11.3%Best | 25.9% |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Apr 26, 2017 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Apr 28, 2017 to Sep 3, 2026 (9.3 years).
FLQM vs VYM 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 9.3 years both funds cover.
FLQM vs VYM Performance
Franklin US Mid Cap Multifactor Index ETF (FLQM) is an ETF from Franklin Templeton Investments (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FLQM returned +8.41% while VYM returned +22.23%. Year to date, FLQM is up 8.10% versus a gain of 15.29% for VYM.
Over three years, FLQM compounded at +12.12% per year against +18.81% for VYM; over five years the annualized figures are +6.71% and +12.14% respectively. Across the full 9-year window we track, FLQM has the edge at +11.13% annualized vs +10.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLQM has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 14.6% for VYM. 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 -37.3% for FLQM and -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FLQM charges 0.30% per year while VYM charges 0.04%. On a $10,000 position that is $30 vs $4 annually, a gap of $26 per year that compounds over a long holding period. On income, FLQM currently yields 1.64% against 2.24% for VYM.
Holdings Overlap
53.5% of FLQM's money is in holdings VYM also owns. 7.5% of VYM's money is in holdings FLQM also owns.
The two portfolios partly overlap.
106 positions in common, counted across the 205 positions we hold weights for in FLQM and 603 in VYM, against full books of 207 and 613.
What only one of them owns
Our book lists 467 positions for VYM that do not appear in our book for FLQM (90.0% of the fund), and 94 for FLQM that do not appear in VYM (43.1%).
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 VYM | Difference |
|---|---|---|---|
| ALLAllstate Corp. | 1.18% | 0.25% | 0.93% |
| GRMNGarminltd. | 1.22% | 0.16% | 1.06% |
| PRUPrudential Financial Inc | 1.14% | 0.16% | 0.98% |
| FASTFastenal Co. | 1.05% | 0.23% | 0.82% |
| PAYXPaychex, Inc. | 1.14% | 0.13% | 1.01% |
| WSMWilliams-sonoma Inc | 1.14% | 0.11% | 1.03% |
| FERGFerguson Enterprises | 1.05% | 0.19% | 0.86% |
| KVUEKenvue Inc | 1.05% | 0.15% | 0.90% |
| HIGHartford Financial Services Group Inc. | 1.04% | 0.15% | 0.89% |
| SYYSysco Corp | 1.02% | 0.17% | 0.85% |
53.5% of FLQM is already inside VYM.
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 VYM?
FLQM has an expense ratio of 0.30% while VYM charges 0.04%. VYM is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, FLQM or VYM?
Over the past year FLQM returned +8.41% vs +22.23% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (9 years), FLQM annualized +11.13% vs +10.26% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLQM or VYM?
FLQM has been the more volatile fund at 16.7% annualized versus 14.6% for VYM. Worst drawdown: FLQM -37.3% vs VYM -35.7%.
Should I hold both FLQM and VYM?
FLQM and VYM have a monthly-return correlation of 0.91, 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 FLQM and VYM?
53.5% of FLQM's money is in holdings VYM also owns. 7.5% of VYM's is in holdings FLQM also owns. They hold 106 positions in common, counted across the 205 positions we hold weights for in FLQM and 603 in VYM.
Which pays a higher dividend, FLQM or VYM?
FLQM yields 1.64% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than FLQM?
VYM has a lower expense ratio. FLQM led over the full window, VYM over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.91. FLQM is less concentrated, with 11.3% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.