DIEM ETF — Franklin LibertyQ Emerging Markets ETF

Franklin LibertyQ Emerging Markets ETF (DIEM)

DIEM is a low-cost ETF. its distribution rate is 2.09%, its trailing-12-month yield is 2.58%, its expense ratio is 0.19%. Dividend Vision Distribution Safety Score™ is 80/100 (Safe). Total return is 150.1% over the past 10.3 years, 185.1 points behind SPY at 335.2%.

At the current 2.09% distribution rate, a $10,000 investment would generate approximately $209 per year, or about $52.25 per quarter if the next payment matches the last regular one.

Franklin Templeton's Franklin LibertyQ Emerging Markets ETF tracks an optimized version of the Morningstar Emerging Markets Target Market Exposure Index, tilting its holdings to emphasize dividend-paying securities while managing tracking error to the broader index. The fund carries a modest current distribution rate with quarterly payouts and a low expense ratio of 0.19%. It appeals to income-focused investors seeking emerging-markets equity exposure with an emphasis on dividend yield.

DIEM performance versus SPY

Price and return data through 2026-09-21.

Total return is 150.1% over the past 10.3 years, 185.1 points behind SPY at 335.2%. Over the past year its total return — price change plus distributions reinvested — is 40.4%. Its deepest 1-year drawdown was 13.6%.

DIEM key facts

Distribution Safety Score™

80 · Safe

Safety-Adjusted Yield

1.67%

Issuer

Franklin Templeton

Asset type

ETF

Asset class

Equity

Inception date

06/01/2016

Expense ratio

0.19%

Distribution rate

2.09%

Distribution frequency

Quarterly

Trailing yield

2.58%

Last close

$44.00 (as of 2026-09-21)

NAV

$42.93

Premium / discount

2.49% premium

AUM

$94,451,694

Average volume

19197.0

Next dividend

$0.2298

Last ex-dividend date

09/18/2026

Next payment date

09/25/2026

Beta

1.04

P/E ratio

12.1546

How Dividend Vision calculates yield and returns

Distribution rate (2.09%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.58%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Franklin Templeton; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DIEM risks and drawbacks

DIEM's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 13.6%.

Who may consider DIEM — and who may not

DIEM may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (DIEM pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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