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ETFs

Franklin FTSE United Kingdom ETF

FLGB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 02 2017
Expense Ratio
0.09%
Type
Global Ex. US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$5,134,506
AUM
$591,944,000
Associated Index
FTSE UK Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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Invest with FLGB

What is FLGB?

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

ETFs related toFLGB

ETFs correlated to FLGB include EWU, BBEU, EFV

FLGB
Franklin Templeton ETF Trust - Franklin FTSE United Kingdom ETF
EWU
BlackRock Institutional Trust Company N.A. - iShares MSCI United Kingdom ETF
BBEU
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Europe ETF
EFV
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Value ETF
IEUR
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Europe ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe ETF
DWM
WisdomTree Trust - WisdomTree International Equity Fund
IEV
BlackRock Institutional Trust Company N.A. - iShares Europe ETF
MFDX
Pimco Equity Series - PIMCO RAFI Dynamic Multi-Factor International Equity ETF
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. ETF
HDEF
DBX ETF Trust - Xtrackers MSCI EAFE High Dividend Yield 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.

Automated Strategies
Related toFLGB

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with FLGB using Composer

FAQ

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

FLGB tracks the FTSE UK Capped Index.

No, FLGB 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, FLGB 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 FLGB is 0.0152%. This is the percent change in the value of FLGB over the most recent 1-month period. The 3-month return on FLGB is -0.0042%. This is the percent change in the value of FLGB over the most recent 3-month period.

The standard deviation of FLGB for the past year is 0.1847%. 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 FLGB include EWZ, EWW, and EWT.

ETFs correlated to FLGB include EWU, BBEU, and EFV.

ETFs that are inversely correlated to FLGB include EPV, EFZ, and DXD.

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.