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

In the year to Nov 4, 2026, with distributions reinvested, FLQM returned +18.0% and SMMD +22.4%.

Which is cheaper, FLQM or SMMD?

SMMD is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 68% of FLQM and 10% of SMMD by weight is stocks the S&P 500 already holds.

Data as of Nov 4, 2026.

Across categories

FLQM vs SMMD: Differences, Returns & Fees

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Over the year to Nov 4, 2026, FLQM returned +18.0% to SMMD's +22.4%; 15% of their weight is in the same names.

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Net assets on Nov 3, 2026: $1.5bn for Franklin U.S. Mid Cap Multifactor Index ETF and $4.2bn for iShares Russell 2500 ETF.

FLQM on its own →SMMD on its own →

At a glance

+18.0%

FLQM total return, 1 year

+22.4%

SMMD total return, 1 year

0.30%

FLQM expense ratio

0.15%

SMMD expense ratio

Pair scorecard

SMMD costs 0.15 points a year less; their one-year returns differ by 4.4 points; SMMD is 2.8 times larger.

FLQM vs SMMD: Differences, Returns & Fees
Measure	FLQM	SMMD
Return
Measure	FLQM	SMMD
Total return, 1 year	+18.0%	+22.4%
Drawdown
Measure	FLQM	SMMD
Below its high		5.3%, high on Aug 14, 2026
Benchmark
Measure	FLQM	SMMD
What it tracks	U.S. Mid Cap Underlying Index	Russell 2500 Index
Cost and size
Measure	FLQM	SMMD
Expense ratio	0.30%	0.15%
Net assets, as of Nov 3, 2026	$1.5bn	$4.2bn
Holdings
Measure	FLQM	SMMD
Holdings in common	15%
Top ten holdings, share of the fund	11.3%	43.4%

Method

What they share

15%

By the books each fund has filed, FLQM and SMMD hold 15% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

15% in common

Positions both hold · largest shared weight first FLQM SMMD

VIATRIS INC 0.67% 0.31%

TENET HEALTHCARE CORP 0.62% 0.30%

F5 INC 0.92% 0.26%

PERMIAN RESOURCES CORP 0.39% 0.26%

SNAP-ON INC 0.81% 0.26%

EXELIXIS INC 0.58% 0.25%

OVINTIV INC 0.52% 0.25%

APA CORP 0.46% 0.23%

NEUROCRINE BIOSCIENCES INC 0.77% 0.23%

ALLEGION PLC 0.43% 0.22%

CH ROBINSON WORLDWIDE INC 0.88% 0.22%

DOCUSIGN INC 0.33% 0.22%

Only in one fund ↓

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 SMMD

ISHARES RUSSELL 2000 ETF 40.62%

ATI 0.34%

GUARDANT HEALTH 0.31%

PACKAGING CORP OF AMERICA 0.31%

RELIANCE STEEL & ALUMINUM 0.31%

US FOODS HOLDING 0.31%

NISOURCE 0.30%

SOFI TECHNOLOGIES 0.30%

Check overlap with more funds →

Side by side

FLQM Franklin U.S. Mid Cap Multifactor Index ETF SMMD iShares Russell 2500 ETF

Where it sits Stock ETF Stock ETF

Issuer Franklin iShares

What it is Tracks an index Tracks an index

Total return, 1 year +18.0% +22.4%

Its benchmark over the same days not measured +14.8% (IWV)

Gap to its benchmark not measured +7.6 pts vs IWV

Expense ratio 0.30% 0.15%

Already in the S&P 500 68.2% 10.3%

Holdings 205 516

Net assets, as of Nov 3, 2026 $1.5bn $4.2bn

FLQM and SMMD on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

Alert

About each fund

FLQM

FLQM tracks an index. Over the year to Nov 4, 2026 it returned +18.0% 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%.

SMMD

Over the year to Nov 4, 2026 it returned +22.4% with distributions reinvested, against +14.8% for its benchmark, the Russell 3000 Index.

SMMD tracks an index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Nov 3, 2026, 10% of the fund by weight is stocks the S&P 500 also holds, across 516 positions, with the top ten at 43.4%. It sat 5.3% below its high of Aug 14, 2026 on Nov 4, 2026.

Questions people ask

Which returned more over the last year, FLQM or SMMD?: In the year to Nov 4, 2026, with distributions reinvested, FLQM returned +18.0% and SMMD +22.4%.
Which is cheaper, FLQM or SMMD?: SMMD is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FLQM and SMMD overlap with the S&P 500?: By their latest filed holdings, 68% of FLQM and 10% of SMMD by weight is stocks the S&P 500 already holds.

Other comparisons

FLQM vs IMCG FLQM vs FV FLQM vs IVOO FLQM vs TMSL MLRG vs SMMD FTC vs SMMD JHMM vs SMMD FMDE vs SMMD

Where to next

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

Sources and dates

FLQM filings on SEC EDGAR ↗

FLQM prospectus with the expense ratio (SEC) ↗

Franklin website ↗

SMMD filings on SEC EDGAR ↗

SMMD prospectus with the expense ratio (SEC) ↗

iShares page for SMMD ↗

Links are sources, not endorsements. 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 SMMD, data as of Nov 4, 2026. https://etfiq.com/compare/any/flqm-vs-smmd

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