FLQM vs IMCG: Differences, Returns & Fees

FLQM and IMCG hold 14% of their weight in the same names, and IMCG returned +15.1% over the year. Net assets on Oct 20, 2026: $1.5bn for Franklin U.S. Mid Cap Multifactor Index ETF and $4.1bn for iShares Morningstar Mid-Cap Growth ETF.

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Answers cite the figures on this page.

IMCG costs 0.24 points a year less; their one-year returns differ by 4.8 points; IMCG is 2.8 times larger.

FLQM vs IMCG: Differences, Returns & Fees
FLQMIMCG
Expense ratio0.30%0.06%
Net assets$1.5bn$4.1bn
Total return, 1 year+10.3%+15.1%
What it tracksnot read by ETFIQMorningstar US Mid Cap Broad Growth Index
Holdings in common14%
Top ten holdings, share of the fund11.3%12.5%
Below its high5.9%, high on Aug 13, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Oct 19, 2026.

+10.3%
FLQM total return, 1 year
+15.1%
IMCG total return, 1 year
0.30%
FLQM expense ratio
0.06%
IMCG expense ratio

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What they hold in common

By the books each fund has filed, FLQM and IMCG hold 14% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 19, 2026.

half

14% in common

Positions both hold, largest shared weight first
Holding FLQM IMCG
CENCORA INC 1.04% 0.90%
W.W. GRAINGER INC 1.08% 0.81%
FASTENAL COMPANY 1.07% 0.78%
TERADYNE INC 1.20% 0.73%
AUTODESK INC 0.77% 0.71%
IDEXX LABORATORIES INC 0.91% 0.58%
MSCI INC 0.87% 0.56%
OLD DOMINION FREIGHT LINE INC 0.94% 0.48%
ALNYLAM PHARMACEUTICALS INC 0.98% 0.43%
GARMIN LTD 1.00% 0.43%
ALLSTATE CORP (THE) 1.13% 0.42%
TARGA RESOURCES CORP 0.91% 0.41%
Only in FLQM
UNITED AIRLINES HOLDINGS INC 1.17%
DELTA AIR LINES INC 1.12%
KENVUE INC 1.09%
SYSCO CORP 1.09%
ARCH CAPITAL GROUP LTD 1.07%
PRUDENTIAL FINANCIAL INC 1.05%
HARTFORD INSURANCE GROUP INC (THE) 1.03%
ELECTRONIC ARTS INC 1.00%
Only in IMCG
FORTINET 1.48%
SNOWFLAKE 1.48%
FREEPORT MCMORAN INC 1.39%
CLOUDFLARE CLASS A 1.32%
DELL TECHNOLOGIES INC CLASS C 1.27%
JOHNSON CONTROLS INTERNATIONAL PLC 1.25%
DATADOG INC CLASS A 1.20%
HILTON WORLDWIDE HOLDINGS 1.05%

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On the same fields

FLQM
Franklin U.S. Mid Cap Multifactor Index ETF
IMCG
iShares Morningstar Mid-Cap Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index
Total return, 1 year +10.3% +15.1%
Expense ratio 0.30% 0.06%
Already in the S&P 500 68.2% 80.4%
Holdings 205 260
Net assets $1.5bn $4.1bn

FLQM and IMCG on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About FLQM

FLQM tracks an index. Over the year to Oct 20, 2026 it returned +10.3% with distributions reinvested. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 68% of the fund by weight is stocks the S&P 500 also holds, across 205 positions, with the top ten at 11.3%.

About IMCG

IMCG tracks an index. Over the year to Oct 20, 2026 it returned +15.1% with distributions reinvested. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer for Oct 19, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 260 positions, with the top ten at 12.5%. It sat 5.9% below its high of Aug 13, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, FLQM or IMCG?
In the year to Oct 20, 2026, with distributions reinvested, FLQM returned +10.3% and IMCG +15.1%.
Which is cheaper, FLQM or IMCG?
IMCG is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FLQM and IMCG overlap with the S&P 500?
By their latest filed holdings, 68% of FLQM and 80% of IMCG by weight is stocks the S&P 500 already holds.
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ETFIQ, FLQM against IMCG, data as of Oct 20, 2026. https://etfiq.com/compare/any/flqm-vs-imcg

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