Skip to Content
ETFs

Franklin FTSE Brazil ETF

FLBR
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Nov 3, 2017
Expense Ratio
0.19%
Type
Global Ex. US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$986,131
AUM
$128,961,000
Associated Index
FTSE Brazil Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

VALE3
Vale S.A.
12.62%
PETR4
Petroleo Brasileiro S.A. Petrobras - PRF PERPETUAL BRL 26.30 - Cls B
9.33%
PETR3
Petroleo Brasileiro S.A. Petrobras
6.73%
ITUB4
Itau Unibanco Holding S.A. - PRF PERPETUAL BRL
6.36%
BBDC4
Banco Bradesco S.A. - PRF PERPETUAL BRL
3.6%
B3SA3
B3 S.A. - Brasil Bolsa Balcao
3.46%
—
Cash & Cash Equivalents
3.23%
ABEV3
Ambev S.A.
2.8%
WEGE3
Weg S.A.
2.52%
RENT3
Localiza Rent A Car
2.4%
Invest with FLBR
Trade FLBR Options

What is FLBR?

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

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

FLBR
Performance Measures**

for the time period Nov 6, 2017 to Dec 4, 2025

Returns

1M Trailing Return: 11.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 17.8%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -57.4%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 33.2%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.29

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.07

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFLBR

ETFs correlated to FLBR include EWZ, BRZU, ILF

FLBR
Franklin Templeton ETF Trust - Franklin FTSE Brazil ETF
EWZ
BlackRock Institutional Trust Company N.A. - iShares MSCI Brazil ETF
BRZU
Direxion Shares ETF Trust - Direxion Daily MSCI Brazil Bull 2X Shares
ILF
BlackRock Institutional Trust Company N.A. - iShares Latin America 40 ETF
EWZS
BlackRock Institutional Trust Company N.A. - iShares MSCI Brazil Small-Cap ETF
DVYE
BlackRock Institutional Trust Company N.A. - iShares Emerging Markets Dividend ETF
EMC
Global X Funds - Global X Emerging Markets Great Consumer ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
ARGT
Global X Funds - Global X MSCI Argentina ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
STXE
EA Series Trust - Strive Emerging Markets Ex-China 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.

FAQ

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

FLBR tracks the FTSE Brazil Capped Index.

No, FLBR 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, FLBR 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 FLBR is -0.0185%. This is the percent change in the value of FLBR over the most recent 1-month period. The 3-month return on FLBR is -0.0482%. This is the percent change in the value of FLBR over the most recent 3-month period.

The standard deviation of FLBR for the past year is 0.334%. 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 FLBR include EWW, EWT, and EWJ.

ETFs correlated to FLBR include EWZ, BRZU, and ILF.

ETFs that are inversely correlated to FLBR include EDZ, ERY, and OILD.

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.