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FLQLvsMSLCETF Comparison

ETF 1

FLQL

Franklin U.S. Large Cap Multifactor Index ETF

This fund is part of

US Multi-Factor

+0.05%

Full FLQL fund page

VS

ETF 2

MSLC

Morgan Stanley Pathway Large Cap Equity ETF

This fund is part of

US Large Cap

+0%

Full MSLC fund page

Franklin U.S. Large Cap Multifactor Index ETF (FLQL) belongs to the US Multi-Factor segment. Morgan Stanley Pathway Large Cap Equity ETF (MSLC) is part of the US Large Cap segment. FLQL's top 3 sector exposures are Information Technology, Health Care and Consumer Discretionary. In contrast, MSLC's top sector exposures are Information Technology, Financials and Communication Services. FLQL is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.64% for MSLC. FLQL is up 6.1% year-to-date (YTD) with +$122M in YTD flows. MSLC performs worse with 3.65% YTD performance, and +$148M in YTD flows. Run a side-by-side ETF comparison of FLQL and MSLC 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 MSLC 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 04/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FLQL MSLC	+11.99%+11.87%	+2.56%+1.56%	+6.10%+3.65%	+31.85%+26.35%	+82.11%n/a	+88.77%n/a
Flows	FLQL MSLC	+$91M+$80M	+$65M+$126M	+$122M+$148M	+$171M+$303M	+$285M-	-$278M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FLQL MSLC	+17.14%+15.12%	+13.18%+12.31%	+15.50%n/a	+16.35%n/a
Max drawdown	FLQL MSLC	-8.99%-9.21%	-8.99%-9.33%	-19.27%n/a	-21.66%n/a
Max drawdown duration	FLQL MSLC	47d76d	47d92d	124dn/a	688dn/a

Trading data

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	FLQL	MSLC
Last sale 4/30/2026 at 1:30 PM	$74.68	$56.87
Previous close 04/29/2026	$73.46	$56.28
Consolidated volume 04/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 29, 2026

1-year trailing difference

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MSLC

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 4/30/2026 at 1:30 PM

Live

Closed

	FLQL	MSLC
Last price	$74.68	$56.87
1D performance	+1.66%	+1.05%
AuM	$1.91 B	$3.79 B
E/R	0.15%	0.64%

Characteristics

	FLQL	MSLC
Management strategy	Passive	Active
Provider	Franklin Templeton	Morgan Stanley
Benchmark	LibertyQ US Large Cap Equity Index	-
N° of holdings	202	896
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	April 26, 2017	December 6, 2024
ESG	No	No

More FLQL data on Trackinsight

More MSLC data on Trackinsight

Exposure

Countries

FLQL

USA

96.85%

Other

3.15%

MSLC

USA

92.47%

Other

7.53%

Sectors

FLQL

Information Techn.

30.4%

Health Care

12%

Consumer Discreti.

11.83%

Communication Ser.

10.92%

Industrials

10.11%

Financials

10.03%

Other

14.71%

MSLC

Information Techn.

29.22%

Financials

10.83%

Communication Ser.

10.35%

Consumer Discreti.

9.97%

Industrials

9.79%

Health Care

9.37%

Other

20.47%

Diversification

FLQL

Total weight of top 15 holdings out of 15

43.04%

MSLC

Total weight of top 15 holdings out of 15

37.84%

Top 15 holdings

Data as of March 31, 2026

FLQL

APPLE

7.22%

NVIDIA

6.65%

MICROSOFT-T

4.41%

ALPHABET INC-CL

3.54%

ALPHABET INC-CL

2.87%

AMAZON.COM INC

2.78%

BROADCOM LIMITED

2.49%

META PLATFORMS

2.05%

JOHNSON&JOHNSON

1.92%

WALMART INC

1.63%

CISCO-T

1.59%

ABBVIE

1.53%

CATERPILLAR

1.50%

TESLA

1.45%

HOME DEPOT

1.41%

MSLC

NVIDIA

6.24%

MICROSOFT-T

4.87%

APPLE

4.51%

AMAZON.COM INC

4.17%

ALPHABET INC-CL

2.91%

META PLATFORMS

2.40%

BROADCOM LIMITED

2.31%

ALPHABET INC-CL

1.86%

JPMORGAN CHASE

1.55%

EXXON

1.27%

TESLA

1.27%

BERKSHIRE HATHWAY

1.27%

VISA INCORPORATION

1.24%

NETFLIX

1.07%

MASTERCARD

0.89%

Frequently asked questions about FLQL and MSLC

How have the FLQL and MSLC ETFs performed in 2026?

As of April 29, 2026, FLQL is up 6.1% year-to-date (YTD), while MSLC has returned 3.65%. That puts FLQL better performer ahead so far this year.

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

Year-to-date, the FLQL ETF saw +$122M in flows, compared to +$148M for MSLC.

Which ETF is more volatile: FLQL or MSLC?

Over the past year, FLQL had a volatility of 13.18%, while MSLC experienced 12.31%.

Which ETF is bigger: FLQL or MSLC?

As of April 29, 2026, FLQL holds $1.91 B in assets under management (AUM), while MSLC manages $3.79 B.

What sectors do the FLQL and MSLC ETFs invest in?

FLQL leans toward sectors like Information Technology, Health Care and Consumer Discretionary. Meanwhile, MSLC focuses on Information Technology, Financials and Communication Services.

FLQLvsMSLCETF Comparison

Franklin U.S. Large Cap Multifactor Index ETF

Morgan Stanley Pathway Large Cap Equity ETF

FLQL vs MSLC 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 MSLC ETFs performed in 2026?

As of April 29, 2026, FLQL is up 6.1% year-to-date (YTD), while MSLC has returned 3.65%. That puts FLQL better performer ahead so far this year.

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

Year-to-date, the FLQL ETF saw +$122M in flows, compared to +$148M for MSLC.

Which ETF is more volatile: FLQL or MSLC?

Over the past year, FLQL had a volatility of 13.18%, while MSLC experienced 12.31%.

Which ETF is bigger: FLQL or MSLC?

As of April 29, 2026, FLQL holds $1.91 B in assets under management (AUM), while MSLC manages $3.79 B.

What sectors do the FLQL and MSLC ETFs invest in?

FLQL leans toward sectors like Information Technology, Health Care and Consumer Discretionary. Meanwhile, MSLC focuses on Information Technology, Financials and Communication Services.

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

FLQL top holdings include APPLE, NVIDIA and MICROSOFT-T. MSLC holds in its top three: NVIDIA, MICROSOFT-T and APPLE.

Which ETF is more diversified: FLQL or MSLC?

FLQL holds 210 securities with 43.04% of its assets in the top 15. MSLC has 932 securities and a top 15 weight of 37.84%.

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