Franklin Ftse South Etf Profile
| FLKR Etf | USD 21.51 0.31 1.46% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Franklin FTSE is selling at 21.51 as of the 19th of April 2024; that is 1.46 percent increase since the beginning of the trading day. The etf's lowest day price was 21.44. Franklin FTSE has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Franklin FTSE South are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its assets in the component securities of the FTSE South Korea Capped Index and in depositary receipts representing such securities. South Korea is traded on NYSEARCA Exchange in the United States. More on Franklin FTSE South
Moving together with Franklin Etf
| 0.8 | BBCA | JPMorgan BetaBuilders | PairCorr |
| 0.78 | EWC | iShares MSCI Canada | PairCorr |
| 0.72 | EWU | iShares MSCI United | PairCorr |
| 1.0 | EWY | iShares MSCI South | PairCorr |
| 0.8 | EWA | iShares MSCI Australia | PairCorr |
| 0.85 | EWG | iShares MSCI Germany Sell-off Trend | PairCorr |
Moving against Franklin Etf
| 0.83 | BITI | ProShares Trust | PairCorr |
Franklin Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Franklin FTSE's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Franklin FTSE or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Miscellaneous Region, Franklin Templeton Investments (View all Sectors) |
| Issuer | Franklin Templeton Investments |
| Inception Date | 2017-11-02 |
| Benchmark | FTSE South Korea Capped Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 274.58 Million |
| Average Trading Valume | 79,192.5 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | Asia-Pacific |
| Administrator | Franklin Templeton Services, LLC |
| Advisor | Franklin Advisers, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Franklin Templeton Distributors, Inc. |
| Portfolio Manager | Dina Ting, Louis Hsu |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 163 |
| Market Maker | Jane Street |
| Total Expense | 0.09 |
| Management Fee | 0.09 |
| Country Name | USA |
| Returns Y T D | (6.56) |
| Name | Franklin FTSE South Korea ETF |
| Currency Code | USD |
| Open Figi | BBG00J3N5BB2 |
| In Threey Volatility | 27.44 |
| 1y Volatility | 27.21 |
| 200 Day M A | 21.6069 |
| 50 Day M A | 22.625 |
| Code | FLKR |
| Updated At | 19th of April 2024 |
| Currency Name | US Dollar |
Franklin FTSE South [FLKR] is traded in USA and was established 2017-11-02. The fund is listed under Miscellaneous Region category and is part of Franklin Templeton Investments family. The entity is thematically classified as Strategy ETFs. Franklin FTSE South currently have 43.91 M in assets under management (AUM). , while the total return for the last 3 years was -11.9%.
Check Franklin FTSE Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Franklin Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Franklin Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Franklin FTSE South Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Franklin FTSE South Currency Exposure
Franklin FTSE South holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Franklin FTSE will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Franklin FTSE South.
Top Franklin FTSE South Etf Constituents
| 006400 | Samsung SDI | Stock | Information Technology |
| 011790 | SKC Co | Stock | Materials |
| 012330 | Hyundai Mobis | Stock | Consumer Discretionary |
| 105560 | KB Financial Group | Stock | Financials |
| 090435 | Amorepacific Corp Pref | Stock | KR Stock |
| 066570 | LG Electronics | Stock | Consumer Discretionary |
| 251270 | Netmarble Games Corp | Stock | Communication Services |
Franklin FTSE Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Franklin FTSE jumping above the current price in 90 days from now is about 75.29%. The Franklin FTSE South probability density function shows the probability of Franklin FTSE etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.419. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Franklin FTSE will likely underperform. Additionally, franklin FTSE South has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Franklin FTSE to move above the current price in 90 days from now is about 75.29 (This Franklin FTSE South probability density function shows the probability of Franklin Etf to fall within a particular range of prices over 90 days) .
Franklin FTSE Top Holders
| HERO | Evolve E Gaming Index | Etf | Sector Equity |
Franklin FTSE South Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Franklin FTSE market risk premium is the additional return an investor will receive from holding Franklin FTSE long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Franklin FTSE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Franklin FTSE's alpha and beta are two of the key measurements used to evaluate Franklin FTSE's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0411 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0062 |
Franklin FTSE Against Markets
Picking the right benchmark for Franklin FTSE etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Franklin FTSE etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Franklin FTSE is critical whether you are bullish or bearish towards Franklin FTSE South at a given time. Please also check how Franklin FTSE's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Franklin FTSE without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Franklin Etf?
Before investing in Franklin FTSE, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Franklin FTSE. To buy Franklin FTSE etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Franklin FTSE. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Franklin FTSE etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Franklin FTSE South etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Franklin FTSE South etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Franklin FTSE South, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Franklin Etf please use our How to Invest in Franklin FTSE guide.
Already Invested in Franklin FTSE South?
The danger of trading Franklin FTSE South is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Franklin FTSE is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Franklin FTSE. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Franklin FTSE South is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Franklin FTSE South is a strong investment it is important to analyze Franklin FTSE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin FTSE's future performance. For an informed investment choice regarding Franklin Etf, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin FTSE South. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Franklin FTSE South is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin FTSE's value that differs from its market value or its book value, called intrinsic value, which is Franklin FTSE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin FTSE's market value can be influenced by many factors that don't directly affect Franklin FTSE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin FTSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin FTSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin FTSE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.