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ETFs

Franklin FTSE Saudi Arabia ETF

FLSA
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Oct 09 2018
Expense Ratio
0.39%
Type
Global Ex. US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$76,072
AUM
$22,977,500
Associated Index
FTSE Saudi Arabia Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

RJHI
AL RAJHI BANK
11.47%
SNB
THE SAUDI NATIONAL BANK
9.03%
ARAMCO
SAUDI ARABIAN OIL CO
8.18%
SABIC
SAUDI BASIC INDUSTRIES CORP
6.83%
STC
SAUDI TELECOM CO
6.59%
RIBL
RIYAD BANK
4.87%
MAADEN
SAUDI ARABIAN MINING CO
4.61%
SABB
SAUDI BRITISH BANK
3.72%
ALINMA
ALINMA BANK
3.18%
SAFCO
SABIC AGRI-NUTRIENTS CO
2.96%
Invest with FLSA

What is FLSA?

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

ETFs related toFLSA

ETFs correlated to FLSA include KSA, VYMI, AVDV

FLSA
Franklin Templeton ETF Trust - Franklin FTSE Saudi Arabia ETF
KSA
BlackRock Institutional Trust Company N.A. - iShares MSCI Saudi Arabia ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
AVDV
American Century ETF Trust - Avantis International Small Cap Value ETF
IMTM
BlackRock Institutional Trust Company N.A. - iShares MSCI Intl Momentum Factor ET
DFIV
Dimensional ETF Trust - Dimensional International Value ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
EEMV
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Min Vol Factor ETF
FNDF
Schwab Strategic Trust - Schwab Fundamental International Large Company Index ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
AVDE
American Century ETF Trust - Avantis 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.

Automated Strategies
Related toFLSA

#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 FLSA using Composer

FAQ

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

FLSA tracks the FTSE Saudi Arabia Capped Index.

No, FLSA 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, FLSA 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 FLSA is -0.0088%. This is the percent change in the value of FLSA over the most recent 1-month period. The 3-month return on FLSA is 0.1264%. This is the percent change in the value of FLSA over the most recent 3-month period.

The standard deviation of FLSA for the past year is 0.1818%. 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 FLSA include FXI, EWJ, and EWZ.

ETFs correlated to FLSA include KSA, VYMI, and AVDV.

ETFs that are inversely correlated to FLSA include EPV, EDZ, and SDOW.

Disclaimers

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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.