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ETFs

Franklin FTSE Australia ETF

FLAU
$--
Today’s Change
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Snapshot
*

Inception Date
Nov 2, 2017
Expense Ratio
0.09%
Type
Global Ex. US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$92,883
AUM
$29,474,500
Associated Index
FTSE Australia Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

BHP
BHP Group Limited
11.57%
CBA
Commonwealth Bank of Australia
8.75%
CSL
CSL Ltd.
6.29%
NAB
National Australia Bank Limited
4.70%
ANZ
ANZ Group Holdings Ltd
3.90%
WBC
Westpac Banking Corp
3.83%
WDS
Woodside Energy Group Ltd
3.55%
MQG
Macquarie Group Ltd
3.20%
WES
Wesfarmers Limited
3.12%
WOW
Woolworths Group Limited
2.35%
Invest with FLAU

What is FLAU?

Franklin FTSE Australia ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Australia Capped Index. FTSE Australia Capped Index is a market-capitalization weighted index representing the performance of Australian large and mid capitalization stocks.

ETFs related toFLAU

ETFs correlated to FLAU include EWA, EPP, BBAX

FLAU
Franklin Templeton ETF Trust - Franklin FTSE Australia ETF
EWA
BlackRock Institutional Trust Company N.A. - iShares MSCI Australia ETF
EPP
BlackRock Institutional Trust Company N.A. - iShares MSCI Pacific ex Japan ETF
BBAX
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFLAU

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with FLAU using Composer

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FAQ

FLAU is a Global Ex. US Equities ETF. Franklin FTSE Australia ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Australia Capped Index. FTSE Australia Capped Index is a market-capitalization weighted index representing the performance of Australian large and mid capitalization stocks.

FLAU tracks the FTSE Australia Capped Index.

No, FLAU is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FLAU is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FLAU is 0.0119%. This is the percent change in the value of FLAU over the most recent 1-month period. The 3-month return on FLAU is -0.0235%. This is the percent change in the value of FLAU over the most recent 3-month period.

The standard deviation of FLAU for the past year is 0.2141%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FLAU include EWZ, EWW, and EWT.

ETFs correlated to FLAU include EWA, EPP, and BBAX.

ETFs that are inversely correlated to FLAU include EFZ, EPV, and EDZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.