Fliy Etf Profile
FLIY is trading at 27.46 as of the 28th of November 2024; that is 0.18% down since the beginning of the trading day. The etf's open price was 27.51. Equity ratings for FLIY are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
FLIY Etf Highlights
| Old Name | Franklin FTSE Italy ETF |
| Business Concentration | Miscellaneous Region, Franklin Templeton Investments (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 15.85 |
| Name | Franklin FTSE Italy ETF |
| Currency Code | USD |
| Open Figi | BBG00J3MTH70 |
| In Threey Volatility | 25.84 |
| 1y Volatility | 23.51 |
| 200 Day M A | 25.7937 |
| 50 Day M A | 25.0282 |
| Code | FLIY |
| Updated At | 17th of January 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.53 |
| Type | ETF |
FLIY [FLIY] is traded in USA and was established 2017-11-02. The fund is listed under Miscellaneous Region category and is part of Franklin Templeton Investments family. FLIY currently have 2.68 M in assets under management (AUM). , while the total return for the last 3 years was 5.0%.
Check FLIY Probability Of Bankruptcy
Top FLIY Etf Constituents
| ATASF | Atlantia SpA | Pink Sheet | Infrastructure Operations | |
| LUX | Tema ETF Trust | Etf | Consumer Cyclical | |
| STLA | Stellantis NV | Stock | Consumer Discretionary | |
| CNHI | CNH Industrial NV | Stock | Industrials | |
| TRN | Trinity Industries | Stock | Industrials | |
| SRG | Seritage Growth Properties | Stock | Real Estate | |
| SNMRF | Snam SpA | Pink Sheet | Utilities—Regulated Gas |
FLIY Against Markets
FLIY Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with FLIY etf to make a market-neutral strategy. Peer analysis of FLIY could also be used in its relative valuation, which is a method of valuing FLIY by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of FLIY is measured differently than its book value, which is the value of FLIY that is recorded on the company's balance sheet. Investors also form their own opinion of FLIY's value that differs from its market value or its book value, called intrinsic value, which is FLIY'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 FLIY's market value can be influenced by many factors that don't directly affect FLIY'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 FLIY's value and its price as these two are different measures arrived at by different means. Investors typically determine if FLIY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FLIY'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.