Franklin FTSE Europe ETF
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.2%
1 yr return
19.1%
3 Yr Avg Return
2.7%
5 Yr Avg Return
7.2%
Net Assets
$69.9 M
Holdings in Top 10
22.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.12%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 5.47%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FLEE - Profile
Distributions
- YTD Total Return 7.2%
- 3 Yr Annualized Total Return 2.7%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.96%
- Dividend Yield 5.5%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFranklin FTSE Europe ETF
-
Fund Family NameFranklin Templeton Group of Funds
-
Inception DateNov 06, 2017
-
Shares Outstanding5400000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDina Ting
Fund Description
Under normal market conditions, the Fund invests at least 80% of its assets in the component securities of the FTSE Developed Europe Capped Index and in depositary receipts representing such securities. The FTSE Developed Europe Capped Index is a free float-adjusted market capitalization weighted index maintained and calculated by FTSE Russell with a capping methodology applied quarterly to issuer weights so that no single issuer of a component exceeds 25% of the FTSE Developed Europe Capped Index weight, and all issuers with weights above 5% do not cumulatively exceed 50% of the FTSE Developed Europe Capped Index’s weight. The FTSE Developed Europe Capped Index is based on the FTSE Developed Europe Index and is designed to measure the performance of large- and mid-capitalization stocks from developed European countries. FTSE Russell determines eligible securities for the FTSE Developed Europe Capped Index based on measures such as the company’s place of incorporation, listing country, investor protection regulations present in the country of incorporation, tax domicile, location of headquarters/factors of production and currency of denomination. FTSE Russell also maintains a set of criteria to assess a country’s market status, including various quality of markets criteria, a country’s prevailing regulatory environment, custody and settlement, and dealing landscape. As of May 31, 2024, the FTSE Developed Europe Capped Index was comprised of 544 securities with capitalizations ranging from $66 million to $601.71 billion.
The Fund, using a “passive” or indexing investment approach, seeks investment results that closely correspond, before fees and expenses, to the performance of the FTSE Developed Europe Capped Index. The Fund may use either a replication strategy or representative sampling strategy. Under a replication strategy, the Fund will replicate the component securities of the FTSE Developed Europe Capped Index as closely as possible (i.e., invest in all of the component securities in their respective weightings in the FTSE Developed Europe Capped Index). However, under various circumstances, it may not be possible or practicable to replicate the FTSE Developed Europe Capped Index. In these circumstances, the Fund may use a “representative sampling” strategy whereby the Fund would invest in what it believes to be a representative sample of the component securities of the FTSE Developed Europe Capped Index, but may not track the FTSE Developed Europe Capped Index with the same degree of accuracy as would an investment vehicle replicating the entire FTSE Developed Europe Capped Index. Under the representative sampling technique, the investment manager will select securities
that collectively have an investment profile similar to that of the FTSE Developed Europe Capped Index, including securities that resemble those included in the FTSE Developed Europe Capped Index in terms of risk factors, performance attributes and other characteristics, such as market capitalization and industry weightings.
The Fund may invest in equity futures (including equity index futures) and equity total return swaps to provide additional opportunities to add value and better track the performance of the Fund’s Underlying Index, such as to equitize cash and accrued income, simulate investments in the Underlying Index, facilitate trading or minimize transaction costs.
The Fund may enter into foreign currency forward contracts and/or currency futures contracts to provide the Fund with additional opportunities to add value and better track the performance of the Fund’s Underlying Index, such as by facilitating local securities settlements or protecting against currency exposure in connection with distributions to Fund shareholders.
The Fund will concentrate its investments (i.e., hold 25% or more of its net assets) in a particular industry or group of industries to approximately the same extent that the FTSE Developed Europe Capped Index is concentrated.
FLEE - Performance
Return Ranking - Trailing
Period | FLEE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.2% | 1.2% | 18.2% | 37.93% |
1 Yr | 19.1% | 11.8% | 33.6% | 55.17% |
3 Yr | 2.7%* | -10.6% | 7.7% | 29.07% |
5 Yr | 7.2%* | 0.6% | 11.5% | 40.48% |
10 Yr | N/A* | 2.3% | 8.9% | 64.18% |
* Annualized
Return Ranking - Calendar
Period | FLEE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.3% | 2.0% | 24.1% | 29.89% |
2022 | -18.2% | -45.1% | -3.8% | 34.88% |
2021 | 12.7% | -8.7% | 23.4% | 61.18% |
2020 | 3.2% | -19.4% | 44.5% | 67.86% |
2019 | 20.5% | 7.4% | 44.8% | 51.81% |
Total Return Ranking - Trailing
Period | FLEE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.2% | 1.2% | 18.2% | 37.93% |
1 Yr | 19.1% | 11.8% | 33.6% | 55.17% |
3 Yr | 2.7%* | -10.6% | 7.7% | 29.07% |
5 Yr | 7.2%* | 0.6% | 11.5% | 40.48% |
10 Yr | N/A* | 2.3% | 8.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FLEE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.5% | 3.7% | 27.2% | 19.54% |
2022 | -15.2% | -45.1% | -0.6% | 27.91% |
2021 | 16.9% | -1.2% | 24.7% | 52.94% |
2020 | 5.4% | -19.4% | 55.6% | 67.86% |
2019 | 24.4% | 13.5% | 46.3% | 50.60% |
FLEE - Holdings
Concentration Analysis
FLEE | Category Low | Category High | FLEE % Rank | |
---|---|---|---|---|
Net Assets | 69.9 M | 5.07 M | 24.7 B | 78.41% |
Number of Holdings | 530 | 18 | 1834 | 12.64% |
Net Assets in Top 10 | 15.7 M | 1.46 M | 5.23 B | 85.06% |
Weighting of Top 10 | 22.53% | 7.7% | 102.0% | 86.21% |
Top 10 Holdings
- Novo Nordisk A/S 3.88%
- ASML Holding NV 3.58%
- Nestle SA 2.35%
- AstraZeneca PLC 2.06%
- Shell PLC 2.01%
- SAP SE 1.96%
- Novartis AG 1.92%
- Roche Holding AG 1.69%
- LVMH Moet Hennessy Louis Vuitton SE 1.66%
- HSBC Holdings PLC 1.43%
Asset Allocation
Weighting | Return Low | Return High | FLEE % Rank | |
---|---|---|---|---|
Stocks | 97.63% | 0.00% | 108.46% | 70.11% |
Cash | 1.91% | 0.05% | 26.39% | 51.72% |
Preferred Stocks | 0.46% | 0.00% | 5.14% | 19.54% |
Other | 0.00% | -12.19% | 11.18% | 22.99% |
Convertible Bonds | 0.00% | 0.00% | 0.81% | 42.53% |
Bonds | 0.00% | 0.00% | 80.40% | 36.78% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FLEE % Rank | |
---|---|---|---|---|
Financial Services | 16.19% | 0.00% | 36.14% | 36.47% |
Healthcare | 15.67% | 0.00% | 28.53% | 24.71% |
Industrials | 14.19% | 2.47% | 34.57% | 75.29% |
Consumer Defense | 12.62% | 0.00% | 23.04% | 48.24% |
Consumer Cyclical | 9.48% | 0.00% | 37.84% | 65.88% |
Basic Materials | 7.87% | 0.00% | 19.84% | 42.35% |
Technology | 6.83% | 0.00% | 27.53% | 51.76% |
Energy | 6.42% | 0.00% | 73.53% | 42.35% |
Communication Services | 5.03% | 0.00% | 10.93% | 64.71% |
Utilities | 4.29% | 0.00% | 15.55% | 24.71% |
Real Estate | 1.42% | 0.00% | 12.81% | 49.41% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FLEE % Rank | |
---|---|---|---|---|
Non US | 97.62% | 0.00% | 106.03% | 33.33% |
US | 0.01% | 0.00% | 101.92% | 60.92% |
FLEE - Expenses
Operational Fees
FLEE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.12% | 0.07% | 3.85% | 91.95% |
Management Fee | 0.09% | 0.06% | 1.19% | 6.82% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.25% | N/A |
Sales Fees
FLEE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
FLEE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FLEE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 5.47% | 1.68% | 184.00% | 15.15% |
FLEE - Distributions
Dividend Yield Analysis
FLEE | Category Low | Category High | FLEE % Rank | |
---|---|---|---|---|
Dividend Yield | 5.46% | 0.00% | 6.89% | 44.32% |
Dividend Distribution Analysis
FLEE | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Monthly | Annual |
Net Income Ratio Analysis
FLEE | Category Low | Category High | FLEE % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.96% | -1.72% | 4.06% | 3.45% |
Capital Gain Distribution Analysis
FLEE | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 21, 2024 | $0.807 | OrdinaryDividend |
Dec 15, 2023 | $0.188 | OrdinaryDividend |
Jun 16, 2023 | $0.538 | OrdinaryDividend |
Dec 16, 2022 | $0.324 | OrdinaryDividend |
Jun 17, 2022 | $0.513 | OrdinaryDividend |
Dec 30, 2021 | $0.010 | OrdinaryDividend |
Dec 13, 2021 | $0.398 | OrdinaryDividend |
Jun 10, 2021 | $0.651 | OrdinaryDividend |
Dec 14, 2020 | $0.292 | OrdinaryDividend |
Jun 11, 2020 | $0.198 | OrdinaryDividend |
Dec 11, 2019 | $0.420 | OrdinaryDividend |
Jun 11, 2019 | $0.343 | OrdinaryDividend |
Dec 20, 2018 | $0.247 | OrdinaryDividend |
Jun 20, 2018 | $0.560 | OrdinaryDividend |
Dec 28, 2017 | $0.000 | OrdinaryDividend |
Dec 20, 2017 | $0.005 | OrdinaryDividend |
FLEE - Fund Manager Analysis
Managers
Dina Ting
Start Date
Tenure
Tenure Rank
Nov 02, 2017
4.58
4.6%
Ms. Ting joined Franklin Templeton Investments in 2015. Prior to joining Franklin Templeton Investments, she was a senior portfolio manager at BlackRock.
Hailey Harris
Start Date
Tenure
Tenure Rank
Dec 02, 2019
2.5
2.5%
Ms. Harris joined Franklin Templeton in 2018. Hailey Harris joined the Global X Management Company in April 2015 as a Portfolio Management Associate. Previously, Ms. Harris was a Senior Analyst, Portfolio Management at ProShare Advisors, LLC from 2011 through 2015 and a Client Operations Associate at Cambridge Associates, LLC from 2010 through 2011. Ms. Harris received her Bachelor of Science from the University of Maryland in 2009.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 24.59 | 7.25 | 0.64 |