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ETFs

Franklin FTSE Europe ETF

FLEE
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Nov 2, 2017
Expense Ratio
0.09%
Type
Global Ex. US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$271,964
AUM
$118,817,999
Associated Index
FTSE Developed Europe Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NESN
Nestle SA
3.14%
NOVO B
Novo Nordisk - Ordinary Shares - Class B
2.86%
ASML
ASML Holding NV
2.33%
SHEL
Shell Plc
2.13%
NOVN
Novartis AG - Registered Shares
2.09%
AZN
Astrazeneca plc
1.99%
MC
Lvmh Moet Hennessy Vuitton SE
1.92%
ROG
Roche Holding AG
1.9%
HSBA
HSBC Holdings plc
1.55%
TTE
TotalEnergies SE
1.47%
Invest with FLEE
Trade FLEE Options

What is FLEE?

Franklin FTSE Europe ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Developed Europe Capped Index. FTSE Developed Europe Capped Index is a market-capitalization weighted index representing the performance of large and mid capitlization stocks domiciled in European countries classified as Developed.

1M
3M
6M
YTD
1Y
3Y
Max
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FLEE
Performance Measures**

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

Returns

1M Trailing Return: 3.7%

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

3M Trailing Return: 5.5%

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

Measures of Risk or Volatility

Max Drawdown: -37.3%

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

Standard Deviation: 19.0%

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: 0.49

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: 0.21

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

ETFs related toFLEE

ETFs correlated to FLEE include BBEU, VGK, IEUR

FLEE
Franklin Templeton ETF Trust - Franklin FTSE Europe ETF
BBEU
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Europe ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe ETF
IEUR
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Europe ETF
SPEU
SSgA Active Trust - SPDR Portfolio Europe ETF
IEV
BlackRock Institutional Trust Company N.A. - iShares Europe ETF
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
GSIE
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta International Equity 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

FLEE is a Global Ex. US Equities ETF. Franklin FTSE Europe ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Developed Europe Capped Index. FTSE Developed Europe Capped Index is a market-capitalization weighted index representing the performance of large and mid capitlization stocks domiciled in European countries classified as Developed.

FLEE tracks the FTSE Developed Europe Capped Index.

No, FLEE 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, FLEE 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 FLEE is -0.0166%. This is the percent change in the value of FLEE over the most recent 1-month period. The 3-month return on FLEE is -0.0289%. This is the percent change in the value of FLEE over the most recent 3-month period.

The standard deviation of FLEE for the past year is 0.189%. 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 FLEE include SPDW, VEA, and EEM.

ETFs correlated to FLEE include BBEU, VGK, and IEUR.

ETFs that are inversely correlated to FLEE include EPV, EFZ, and SH.

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.