Which returned more over the last year, FLQM or MDY?

In the year to Oct 20, 2026, with distributions reinvested, FLQM returned +10.3% and MDY +13.1%.

Which is cheaper, FLQM or MDY?

MDY is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FLQM and MDY overlap with the S&P 500?

By their latest filed holdings, 68% of FLQM and 0% of MDY by weight is stocks the S&P 500 already holds.

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FLQM vs MDY: Differences, Returns & Fees

FLQM and MDY hold 18% of their weight in the same names, and MDY returned +13.1% over the year. Net assets on Oct 20, 2026: $1.5bn for Franklin U.S. Mid Cap Multifactor Index ETF and $25.8bn for SPDR S&P MidCap 400 ETF Trust.

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Answers cite the figures on this page.

MDY costs 0.07 points a year less; their one-year returns differ by 2.8 points; MDY is 17.6 times larger.

FLQM vs MDY: Differences, Returns & Fees
	FLQM	MDY
Expense ratio	0.30%	0.23%
Net assets	$1.5bn	$25.8bn
Total return, 1 year	+10.3%	+13.1%
What it tracks	not read by ETFIQ	S&P MidCap 400 Index
Holdings in common	18%
Top ten holdings, share of the fund	11.3%	7.4%
Below its high		6.7%, high on Aug 14, 2026

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

+10.3%

FLQM total return, 1 year

+13.1%

MDY total return, 1 year

0.30%

FLQM expense ratio

0.23%

MDY expense ratio

What they hold in common

By the books each fund has filed, FLQM and MDY hold 18% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 19, 2026.

50%

half

18% in common

Positions both hold, largest shared weight first

Holding FLQM MDY

UNITED THERAPEUTICS CORP 0.88% 0.68%

TENET HEALTHCARE CORP 0.62% 0.63%

OVINTIV INC 0.52% 0.56%

EXELIXIS INC 0.58% 0.46%

NEUROCRINE BIOSCIENCES INC 0.77% 0.41%

OMEGA HEALTHCARE INVESTORS INC 0.51% 0.40%

PERMIAN RESOURCES CORP 0.39% 0.61%

UNUM GROUP 0.50% 0.39%

LAMAR ADVERTISING COMPANY 0.48% 0.39%

MANHATTAN ASSOCIATES INC 0.39% 0.39%

BJ'S WHOLESALE CLUB HOLDINGS INC 0.46% 0.38%

DT MIDSTREAM INC 0.52% 0.37%

Only in FLQM

TERADYNE INC 1.20%

UNITED AIRLINES HOLDINGS INC 1.17%

CINCINNATI FINANCIAL CORP 1.16%

ALLSTATE CORP (THE) 1.13%

WILLIAMS SONOMA INC 1.13%

DELTA AIR LINES INC 1.12%

EXPEDIA GROUP INC 1.11%

KENVUE INC 1.09%

Only in MDY

U.S. Dollar 0.97%

Okta Inc. Class A 0.92%

TechnipFMC plc 0.80%

ATI Inc 0.76%

nVent Electric plc 0.67%

Entegris Inc. 0.65%

US Foods Holding Corp. 0.64%

XPO Inc. 0.64%

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On the same fields

FLQM

Franklin U.S. Mid Cap Multifactor Index ETF

MDY

SPDR S&P MidCap 400 ETF Trust

Where it sits Stock ETF Stock ETF

Issuer Franklin State Street

What it is Tracks an index Tracks the S&P MidCap 400

Total return, 1 year +10.3% +13.1%

Its benchmark over the same days not measured +13.4% (IJH)

Gap to its benchmark not measured −0.3 pts vs IJH

Expense ratio 0.30% 0.23%

Already in the S&P 500 68.2% 0.0%

Holdings 205 401

Net assets $1.5bn $25.8bn

FLQM and MDY 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 MDY

MDY tracks the S&P MidCap 400. Over the year to Oct 20, 2026 it returned +13.1% with distributions reinvested, against +13.4% for its benchmark, the S&P MidCap 400 Index. The prospectus expense ratio is 0.23% a year. By its holdings published by its issuer for Oct 19, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 7.4%. It sat 6.7% below its high of Aug 14, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, FLQM or MDY?: In the year to Oct 20, 2026, with distributions reinvested, FLQM returned +10.3% and MDY +13.1%.
Which is cheaper, FLQM or MDY?: MDY is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FLQM and MDY overlap with the S&P 500?: By their latest filed holdings, 68% of FLQM and 0% of MDY by weight is stocks the S&P 500 already holds.

Other comparisons

FLQM vs VXF FLQM vs SPMD FLQM vs SCHM FLQM vs SPTM MDY vs MLRG FTC vs MDY MDY vs VFMO MDY vs MDYG

FLQM on its own →MDY on its own →Hold both: look the portfolio through →Rankings →FLQM dividend history →FLQM holdings →MDY dividend history →MDY holdings →Standards and sources →

Where these figures came from

FLQM filings on SEC EDGAR ↗FLQM prospectus with the expense ratio (SEC) ↗Franklin website ↗MDY filings on SEC EDGAR ↗State Street website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FLQM against MDY, data as of Oct 20, 2026. https://etfiq.com/compare/any/flqm-vs-mdy

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.