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Franklin Intelligent Machines ETF (IQM)

Technology | Exchange Traded Fund | Cboe US
103.47 USD -3.02 (-2.837%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 103.47

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:⯪☆☆☆☆
Hot Take | Aug. 22, 2026, 5:33 a.m. EDT

The Franklin Intelligent Machines ETF presents a compelling long-term story driven by robust historical performance and a clear upward trend, yet it currently lacks the liquidity and income characteristics of a core holding. Over the past five years, the fund has delivered exceptional results, rising nearly 137% with four out of five years showing positive growth. This consistent trajectory suggests the market has rewarded the underlying exposure to intelligent machines and AI infrastructure handsomely. However, the recent price action shows the fund struggling to maintain momentum, trading below its 50-day average despite sitting above its longer-term 200-day line. This indicates a short-term consolidation phase where buyers are pausing. Furthermore, the instrument offers virtually no dividend income, making it unsuitable for investors seeking cash flow. While the long-term fundamentals remain solid due to the strong multi-year track record, the lack of recent price acceleration and the absence of yield keep the short-term outlook neutral.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.120451
AutoETS0.127272
AutoARIMA0.127276
AutoTheta0.144618

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 41%
H-stat 3.16
Ljung-Box p 0.000
Jarque-Bera p 0.896
Excess Kurtosis 0.29
Attribute Value
Trailing P/E 40.03

As of Aug. 22, 2026, 5:33 a.m. EDT: Speculator positioning is sparse and mixed. For the nearest expiration, there is heavy open interest in out-of-the-money puts relative to calls, suggesting a defensive bias or hedging against a drop. However, further out, call open interest concentrates significantly at strikes well above the current price (130 and 135), indicating some speculative bets on a substantial rally. Implied volatility is extremely low across all expirations, reflecting a lack of active trading and uncertainty.


Dividend Data

Dividend History
Date Dividend Yield %
2021-12-13 0.094 0.177596
2020-12-14 0.004 0.009719
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.0

Info Dump

Attribute Value
All Time High 126.21
All Time Low 17.622
Ask 132.68
Ask Size 500
Average Daily Volume10 Day 5,870
Average Daily Volume3 Month 11,246
Average Volume 11,246
Average Volume10Days 5,870
Beta3 Year 1.72
Bid 76.21
Bid Size 500
Category Technology
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 105.69
Day Low 103.47
Dividend Yield 0.0
Eps Trailing Twelve Months 2.58456
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 109.87622
Fifty Day Average Change -6.4062195
Fifty Day Average Change Percent -0.058303967
Fifty Two Week Change Percent 35.548546
Fifty Two Week High 126.21
Fifty Two Week High Change -22.739998
Fifty Two Week High Change Percent -0.18017589
Fifty Two Week Low 77.54
Fifty Two Week Low Change 25.93
Fifty Two Week Low Change Percent 0.33440804
Fifty Two Week Range 77.54 - 126.21
First Trade Date Milliseconds 1,582,813,800,000
Five Year Average Return 0.16076651
Full Exchange Name Cboe US
Fullday Change -3.0207
Fullday Change Percent -2.83658
Fullday Price 103.47
Fund Family Franklin Templeton Investments
Fund Inception Date 1,582,588,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.
Long Name Franklin Intelligent Machines ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_641524304
Nav Price 104.89
Net Assets 102,561,904.0
Net Expense Ratio 0.5
Open 105.69
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 103.47
Post Market Time 1,787,959,806
Previous Close 106.491
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -3.0207
Regular Market Change Percent -2.83658
Regular Market Day High 105.69
Regular Market Day Low 103.47
Regular Market Day Range 103.47 - 105.69
Regular Market Open 105.69
Regular Market Previous Close 106.491
Regular Market Price 103.47
Regular Market Time 1,787,947,200
Regular Market Volume 6,304
Short Name Franklin Intelligent Machines E
Source Interval 15
Symbol IQM
Three Year Average Return 0.3241209
Total Assets 102,561,904
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 40.033894
Trailing Peg Ratio None
Trailing Three Month Nav Returns -4.92281
Trailing Three Month Returns -4.92281
Triggerable 1
Two Hundred Day Average 100.36307
Two Hundred Day Average Change 3.1069336
Two Hundred Day Average Change Percent 0.03095694
Type Disp ETF
Volume 6,304
Yield 0.0
Ytd Return 17.45722