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

In the year to Oct 20, 2026, with distributions reinvested, FLQM returned +10.3% and SPMD +13.5%.

Which is cheaper, FLQM or SPMD?

SPMD is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.

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

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

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FLQM vs SPMD: Differences, Returns & Fees

FLQM and SPMD hold 18% of their weight in the same names, and SPMD returned +13.5% over the year. Net assets on Oct 20, 2026: $1.5bn for Franklin U.S. Mid Cap Multifactor Index ETF and $18.4bn for State Street SPDR Portfolio S&P 400 Mid Cap ETF.

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Answers cite the figures on this page.

SPMD costs 0.27 points a year less; their one-year returns differ by 3.2 points; SPMD is 12.6 times larger.

FLQM vs SPMD: Differences, Returns & Fees
	FLQM	SPMD
Expense ratio	0.30%	0.03%
Net assets	$1.5bn	$18.4bn
Total return, 1 year	+10.3%	+13.5%
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%	7.1%
Below its high		6.8%, 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

+13.5%

SPMD total return, 1 year

0.30%

FLQM expense ratio

0.03%

SPMD expense ratio

What they hold in common

By the books each fund has filed, FLQM and SPMD 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 SPMD

UNITED THERAPEUTICS CORP 0.88% 0.69%

TENET HEALTHCARE CORP 0.62% 0.63%

OVINTIV INC 0.52% 0.57%

EXELIXIS INC 0.58% 0.46%

NEUROCRINE BIOSCIENCES INC 0.77% 0.41%

OMEGA HEALTHCARE INVESTORS INC 0.51% 0.40%

UNUM GROUP 0.50% 0.39%

LAMAR ADVERTISING COMPANY 0.48% 0.39%

PERMIAN RESOURCES CORP 0.39% 0.61%

BJ'S WHOLESALE CLUB HOLDINGS INC 0.46% 0.39%

MANHATTAN ASSOCIATES INC 0.39% 0.39%

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 SPMD

OKTA INC 0.93%

TECHNIPFMC PLC 0.81%

ATI INC 0.76%

NVENT ELECTRIC PLC 0.68%

ENTEGRIS INC 0.65%

US FOODS HOLDING CORP 0.64%

XPO INC 0.64%

RELIANCE INC 0.63%

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On the same fields

FLQM

Franklin U.S. Mid Cap Multifactor Index ETF

SPMD

State Street SPDR Portfolio S&P 400 Mid Cap ETF

Where it sits Stock ETF Stock ETF

Issuer Franklin State Street

What it is Tracks an index Tracks an index

Total return, 1 year +10.3% +13.5%

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

Gap to its benchmark not measured +0.1 pts vs IJH

Expense ratio 0.30% 0.03%

Already in the S&P 500 68.2% 0.0%

Holdings 205 401

Net assets $1.5bn $18.4bn

FLQM and SPMD 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 SPMD

SPMD tracks an index. Over the year to Oct 20, 2026 it returned +13.5% with distributions reinvested, against +13.4% for its benchmark, the S&P MidCap 400 Index. The prospectus expense ratio is 0.03% 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 7.1%. It sat 6.8% below its high of Aug 14, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, FLQM or SPMD?: In the year to Oct 20, 2026, with distributions reinvested, FLQM returned +10.3% and SPMD +13.5%.
Which is cheaper, FLQM or SPMD?: SPMD is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FLQM and SPMD overlap with the S&P 500?: By their latest filed holdings, 68% of FLQM and 0% of SPMD by weight is stocks the S&P 500 already holds.

Other comparisons

FLQM vs SCHM FLQM vs SPTM FLQM vs MDY FLQM vs MOAT MLRG vs SPMD FTC vs SPMD IVOG vs SPMD IMCB vs SPMD

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

Where these figures came from

FLQM filings on SEC EDGAR ↗FLQM prospectus with the expense ratio (SEC) ↗Franklin website ↗SPMD filings on SEC EDGAR ↗SPMD prospectus with the expense ratio (SEC) ↗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 SPMD, data as of Oct 20, 2026. https://etfiq.com/compare/any/flqm-vs-spmd

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