Franklin Ftse Europe Etf Profile
| FLEE Etf | USD 28.54 0.23 0.81% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Franklin FTSE is trading at 28.54 as of the 28th of November 2024, a 0.81 percent increase since the beginning of the trading day. The etf's lowest day price was 28.42. Franklin FTSE has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Franklin FTSE Europe are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its assets in the component securities of the FTSE Developed Europe Capped Index and in depositary receipts representing such securities. Europe Franklin is traded on NYSEARCA Exchange in the United States. More on Franklin FTSE Europe
Moving together with Franklin Etf
| 1.0 | VGK | Vanguard FTSE Europe | PairCorr |
| 0.99 | EZU | iShares MSCI Eurozone | PairCorr |
| 1.0 | BBEU | JPMorgan BetaBuilders | PairCorr |
| 1.0 | IEUR | iShares Core MSCI | PairCorr |
| 0.98 | FEZ | SPDR EURO STOXX | PairCorr |
| 1.0 | IEV | iShares Europe ETF | PairCorr |
Moving against Franklin Etf
Franklin Etf Highlights
| Thematic Idea | Broad Equity ETFs (View all Themes) |
| Business Concentration | Broad Equity ETFs, Europe Stock, Franklin Templeton Investments (View all Sectors) |
| Issuer | Franklin Templeton Investments |
| Inception Date | 2017-11-02 |
| Benchmark | FTSE Developed Europe Capped Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 79.38 Million |
| Average Trading Valume | 4,384.9 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Europe |
| Market Concentration | Developed Markets |
| Region | Europe |
| Administrator | Franklin Templeton Services, LLC |
| Advisor | Franklin Advisers, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Franklin Templeton Distributors, Inc. |
| Portfolio Manager | Dina Ting, Louis Hsu |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 531 |
| Market Maker | Susquehanna |
| Total Expense | 0.09 |
| Management Fee | 0.09 |
| Country Name | USA |
| Returns Y T D | 3.19 |
| Name | Franklin FTSE Europe ETF |
| Currency Code | USD |
| Open Figi | BBG00J3PR1S7 |
| In Threey Volatility | 18.52 |
| 1y Volatility | 14.41 |
| 200 Day M A | 29.6545 |
| 50 Day M A | 29.7632 |
| Code | FLEE |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
Franklin FTSE Europe [FLEE] is traded in USA and was established 2017-11-02. The fund is listed under Europe Stock category and is part of Franklin Templeton Investments family. The entity is thematically classified as Broad Equity ETFs. Franklin FTSE Europe currently have 36.56 M in assets under management (AUM). , while the total return for the last 3 years was 3.5%.
Check Franklin FTSE Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Franklin Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Franklin Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Franklin FTSE Europe Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Franklin FTSE Europe Currency Exposure
Franklin FTSE Europe holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Franklin FTSE will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Franklin FTSE Europe.
Top Franklin FTSE Europe Etf Constituents
| KBC | KBC Groep NV | Stock | Financials | |
| VOE | Voestalpine AG | Stock | Steel Production And Products | |
| SOI | Soitec SA | Stock | Semiconductor Equipment & Materials | |
| GLEN | Glencore PLC | Stock | Materials | |
| GL9 | Glanbia PLC | Stock | Food Manufacturers | |
| UBSG | UBS Group AG | Stock | Banks—Diversified | |
| ELISA | Elisa Oyj | Stock | Communication Services | |
| STJ | St Jamess Place | Stock | Financials |
Franklin FTSE Top Holders
| FLSOX | Franklin Lifesmart 2050 | Mutual Fund | Target-Date 2050 | |
| FRLEX | Franklin Lifesmart 2050 | Mutual Fund | Target-Date 2050 | |
| FLSKX | Franklin Lifesmart 2050 | Mutual Fund | Target-Date 2050 | |
| FLSJX | Franklin Lifesmart 2050 | Mutual Fund | Target-Date 2050 | |
| FLSNX | Franklin Lifesmart 2050 | Mutual Fund | Target-Date 2050 | |
| FLRJX | Franklin Lifesmart 2045 | Mutual Fund | Target-Date 2045 | |
| FLSBX | Franklin Lifesmart 2055 | Mutual Fund | Target-Date 2055 | |
| FTTAX | Franklin Lifesmart 2045 | Mutual Fund | Target-Date 2045 |
Franklin FTSE Europe Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Franklin FTSE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.35) |
Franklin FTSE Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin FTSE Europe. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Franklin FTSE Europe is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin FTSE's value that differs from its market value or its book value, called intrinsic value, which is Franklin FTSE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin FTSE's market value can be influenced by many factors that don't directly affect Franklin FTSE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin FTSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin FTSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin FTSE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.