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Dividend Vision

IQM — Franklin Intelligent Machines ETF

Franklin Intelligent Machines ETF (IQM)

IQM carries a 0.50% expense ratio. Total return is 363.7% over the past 6.5 years, 177.4 points ahead of SPY at 186.3%. Its deepest 1-year drawdown was 25.3%.

Franklin Intelligent Machines ETF is an equity fund that focuses on companies involved in artificial intelligence and machine learning technologies, offering exposure to the intelligent machines theme. The fund carries a 0.50% expense ratio and currently has no dividend distribution, making it primarily growth-oriented rather than income-focused. This ETF appeals to investors seeking capital appreciation through exposure to AI-driven innovation rather than those prioritizing regular dividend income.

IQM key facts

Issuer
Franklin Templeton
Asset type
ETF
Asset class
Equity
Inception date
02/25/2020
Expense ratio
0.50%
Last close
$112.62
AUM
$98,548,475
Average volume
3393.0
Ex-dividend date
12/13/2021
Payment date
12/21/2021
Beta
1.65
P/E ratio
43.52