Franklin Core Dividend Etf Profile
| UDIV Etf | USD 46.58 0.19 0.41% |
Performance12 of 100
| Odds Of DistressLess than 9
|
Franklin Core is selling for under 46.58 as of the 28th of November 2024; that is 0.41 percent decrease since the beginning of the trading day. The etf's lowest day price was 46.57. Franklin Core has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Franklin Core Dividend are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 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 index. Franklin is traded on NYSEARCA Exchange in the United States. More on Franklin Core Dividend
Moving together with Franklin Etf
| 0.99 | VTI | Vanguard Total Stock | PairCorr |
| 1.0 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
| 1.0 | IVV | iShares Core SP | PairCorr |
| 0.94 | VIG | Vanguard Dividend | PairCorr |
| 1.0 | VV | Vanguard Large Cap | PairCorr |
| 0.97 | RSP | Invesco SP 500 Sell-off Trend | PairCorr |
Moving against Franklin Etf
Franklin Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, High Dividend Yield ETFs, Large Blend, Franklin Templeton Investments (View all Sectors) |
| Issuer | Franklin Templeton Investments |
| Inception Date | 2016-06-01 |
| Benchmark | Morningstar US Dividend Enhanced Select Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 39.76 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | High Dividend Yield |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Franklin Templeton Services, LLC |
| Advisor | Franklin Advisory Services, LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | Franklin Distributors, LLC |
| Portfolio Manager | Dina Ting, Hailey Harris, Joe Diederich, Basit Amin |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 284 |
| Market Maker | Susquehanna |
| Total Expense | 0.06 |
| Management Fee | 0.06 |
| Country Name | USA |
| Returns Y T D | 28.66 |
| Name | Franklin U.S. Core Dividend Tilt Index ETF |
| Currency Code | USD |
| Open Figi | BBG00D0YQTN9 |
| In Threey Volatility | 15.96 |
| 1y Volatility | 11.49 |
| 200 Day M A | 42.1012 |
| 50 Day M A | 45.1772 |
| Code | UDIV |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.46 |
Franklin Core Dividend [UDIV] is traded in USA and was established 2016-06-01. The fund is listed under Large Blend category and is part of Franklin Templeton Investments family. The entity is thematically classified as Strategy ETFs. Franklin Core Dividend at this time have 41.32 M in net assets. , while the total return for the last 3 years was 13.0%.
Check Franklin Core 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 Core Dividend 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.
Top Franklin Core Dividend Etf Constituents
| PEP | PepsiCo | Stock | Consumer Staples | |
| HRL | Hormel Foods | Stock | Consumer Staples | |
| TT | Trane Technologies plc | Stock | Industrials | |
| MO | Altria Group | Stock | Consumer Staples | |
| TGT | Target | Stock | Consumer Staples | |
| UBER | Uber Technologies | Stock | Industrials | |
| BMY | Bristol Myers Squibb | Stock | Health Care | |
| AMAT | Applied Materials | Stock | Information Technology |
Franklin Core Dividend 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 Core. 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 | 0.1217 | |||
| Jensen Alpha | 0.0099 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) |
Franklin Core Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Franklin Core Dividend. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of Franklin Core Dividend 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 Core's value that differs from its market value or its book value, called intrinsic value, which is Franklin Core'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 Core's market value can be influenced by many factors that don't directly affect Franklin Core'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 Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Core'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.