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FLQLvsBFRZETF Comparison

ETF 1

FLQL

Franklin U.S. Large Cap Multifactor Index ETF

This fund is part of

US Multi-Factor

+0.96%

Full FLQL fund page

VS

ETF 2

BFRZ

Innovator Equity Managed 100 Buffer ETF

This fund is part of

Options Strategies

+0.93%

Full BFRZ fund page

Franklin U.S. Large Cap Multifactor Index ETF (FLQL) belongs to the US Multi-Factor segment. Innovator Equity Managed 100 Buffer ETF (BFRZ) is part of the Options Strategies segment. FLQL's top 3 sector exposures are Technology, Finance and Healthcare. In contrast, BFRZ's top sector exposures are Technology, Finance and Consumer Non-Cyclicals. FLQL is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.89% for BFRZ. FLQL is up 13.02% year-to-date (YTD) with +$159M in YTD flows. BFRZ performs worse with 1.14% YTD performance, and +$60M in YTD flows. Run a side-by-side ETF comparison of FLQL and BFRZ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FLQL vs BFRZ performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 08/03/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FLQL BFRZ	+0.39%-0.27%	+5.34%+2.26%	+13.02%+1.14%	+21.96%+5.77%	+80.21%n/a	+89.03%n/a
Flows	FLQL BFRZ	+$8M+$3M	+$52M+$12M	+$159M+$60M	+$152M+$99M	+$363M-	+$4M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FLQL BFRZ	+15.83%+7.70%	+14.12%+5.93%	+15.83%n/a	+16.57%n/a
Max drawdown	FLQL BFRZ	-4.50%-2.72%	-8.99%-2.98%	-19.27%n/a	-21.66%n/a
Max drawdown duration	FLQL BFRZ	34d62d	47d102d	124dn/a	688dn/a

Trading data

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	FLQL	BFRZ
Last sale 8/4/2026 at 1:47 PM	$78.57	$27.07
Previous close 08/03/2026	$77.95	$26.99
Consolidated volume 08/03/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of July 31, 2026

1-year trailing difference

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BFRZ

is actively managed and doesn’t replicate an index

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	FLQL	BFRZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 8/4/2026 at 1:47 PM

Live

Closed

	FLQL	BFRZ
Last price	$78.57	$27.07
1D performance	+0.80%	+0.32%
AuM	$2.07 B	$139.33 M
E/R	0.15%	0.89%

Characteristics

	FLQL	BFRZ
Management strategy	Passive	Active
Provider	Franklin Templeton	Innovator
Benchmark	LibertyQ US Large Cap Equity Index	-
N° of holdings	213	177
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	April 26, 2017	May 13, 2025
ESG	No	No

More FLQL data on Trackinsight

More BFRZ data on Trackinsight

Exposure

Countries

FLQL

USA

99.68%

Other

0.32%

BFRZ

USA

93.91%

Other

6.09%

Sectors

FLQL

Technology

45.96%

Finance

12.28%

Healthcare

10.54%

Industrials

8.45%

Consumer Non-Cycl.

7.96%

Other

14.82%

BFRZ

Technology

43.72%

Finance

12.63%

Consumer Non-Cycl.

8.78%

Healthcare

8.5%

Industrials

7.45%

Other

18.92%

Diversification

FLQL

Total weight of top 15 holdings out of 15

44.13%

BFRZ

Total weight of top 15 holdings out of 15

43.32%

Top 15 holdings

Data as of June 30, 2026

FLQL

Apple, Inc.

6.95%

NVIDIA Corp.

6.67%

Microsoft Corp.

3.93%

Alphabet, Inc.

3.66%

Amazon.com, Inc.

3.09%

Alphabet, Inc.

2.95%

Broadcom Inc.

2.46%

Applied Materials, Inc.

2.01%

Johnson & Johnson

1.92%

Meta Platforms, Inc.

1.82%

Lam Research Corp.

1.78%

Exxon Mobil Corp.

1.77%

AbbVie, Inc.

1.73%

Caterpillar, Inc.

1.70%

KLA Corp.

1.68%

BFRZ

NVIDIA Corp.

7.04%

Apple, Inc.

6.49%

Microsoft Corp.

4.20%

Amazon.com, Inc.

3.62%

Alphabet, Inc.

3.12%

Broadcom Inc.

2.75%

Alphabet, Inc.

2.60%

Micron Technology, Inc.

2.34%

Meta Platforms, Inc.

1.92%

Tesla, Inc.

1.87%

Eli Lilly & Co.

1.78%

JPMorgan Chase & Co.

1.65%

Advanced Micro Devices, Inc.

1.51%

Berkshire Hathaway, Inc.

1.24%

Johnson & Johnson

1.19%

Frequently asked questions about FLQL and BFRZ

FLQLvsBFRZETF Comparison

Franklin U.S. Large Cap Multifactor Index ETF

Innovator Equity Managed 100 Buffer ETF

FLQL vs BFRZ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FLQL and BFRZ ETFs performed in 2026?

As of August 3, 2026, FLQL is up 13.02% year-to-date (YTD), while BFRZ has returned 1.14%. That puts FLQL better performer ahead so far this year.

Which ETF is attracting more investor money: FLQL or BFRZ?

Year-to-date, the FLQL ETF saw +$159M in flows, compared to +$60M for BFRZ.

Which ETF is more volatile: FLQL or BFRZ?

Over the past year, FLQL had a volatility of 14.12%, while BFRZ experienced 5.93%.

Which ETF is bigger: FLQL or BFRZ?

As of August 3, 2026, FLQL holds $2.07 B in assets under management (AUM), while BFRZ manages $139.33 M.

What sectors do the FLQL and BFRZ ETFs invest in?

FLQL leans toward sectors like Technology, Finance and Healthcare. Meanwhile, BFRZ focuses on Technology, Finance and Consumer Non-Cyclicals.

What are the top holdings of the FLQL ETF and BFRZ ETF?

FLQL top holdings include Apple, Inc., NVIDIA Corp. and Microsoft Corp.. BFRZ holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..

Which ETF is more diversified: FLQL or BFRZ?

FLQL holds 214 securities with 44.13% of its assets in the top 15. BFRZ has 179 securities and a top 15 weight of 43.32%.

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