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Franklin FTSE Taiwan ETF

FLTW
$
Today’s Change
()

Snapshot
*

Inception Date
Nov 2, 2017
Expense Ratio
0.19%
Type
Global Ex. US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$782,631
AUM
$171,879,000
Associated Index
FTSE Taiwan Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

2330
Taiwan Semiconductor Manufacturing
19.51%
2317
Hon Hai Precision Industry
5.05%
2454
Media Tek Inc
4.46%
2308
Delta Electronic
2.86%
2382
Quanta Computer
2.44%
2303
United Micro Electronics
2.14%
2881
Fubon Financial Holding Co. Ltd.
1.9%
2412
Chunghwa Telecom
1.79%
2891
CTBC Financial Holding Co Ltd
1.78%
2886
MEGA Financial Holding Co.
1.71%

What is FLTW?

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

1M
3M
6M
YTD
1Y
3Y
Max

FLTW
Performance Measures**

for the time period Nov 6, 2017 to Jul 17, 2026

Returns

1M Trailing Return: -8.9%

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

3M Trailing Return: 17.5%

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

Measures of Risk or Volatility

Max Drawdown: -38.0%

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

Standard Deviation: 22.3%

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: 0.88

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: 0.49

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

ETFs related toFLTW

ETFs correlated to FLTW include EMXC, XCEM, DFEM

FLTW
Franklin Templeton ETF Trust - Franklin FTSE Taiwan ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
XCEM
Columbia ETF Trust II - Columbia EM Core ex-China ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
JEMA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan ActiveBuilders Emerging Markets Equity ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
FRDM
EA Series Trust - Alpha Architect Freedom 100 Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

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

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

FLTW tracks the FTSE Taiwan Capped Index.

No, FLTW 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, FLTW 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 FLTW is -0.017%. This is the percent change in the value of FLTW over the most recent 1-month period. The 3-month return on FLTW is -0.0511%. This is the percent change in the value of FLTW over the most recent 3-month period.

The standard deviation of FLTW for the past year is 0.1962%. 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 FLTW include EWZ, EWW, and EWT.

ETFs correlated to FLTW include EMXC, XCEM, and DFEM.

ETFs that are inversely correlated to FLTW include EDZ, SOXS, and HIBS.

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.

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