FLEH

Franklin FTSE Europe Hedged ETF
C

71
*Unless otherwise stated, data provided by FactSet.

FLEH Fund Description

FLEH tracks a market-cap-weighted and currency-hedged index of large- and midcap companies in developed Europe.

FLEH Factset Analytics Insight

FLEH provides regional large- and midcap equity exposure to 15 European countries while hedging out currency fluctuations for USD-based investors. The fund generally holds individual stock positions but may also gain equity exposure via the Franklin FTSE Europe ETF (FLEE). The underlying index hedges out foreign currency exposure with rolling monthly forward contracts. As a result, FLEH should outperform unhedged peers when the euro, pound, and other related currencies are declining. The concept is hardly original, but FLEH undercuts its established competitors with a very low expense ratio.

FLEH MSCI ESG Analytics Insight

Franklin FTSE Europe Hedged ETF has an MSCI ESG Fund Rating of AA based on a score of 7.27 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Franklin FTSE Europe Hedged ETF ranks in the 93th percentile within its peer group and in the 50th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FLEH CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FLEH 2.91% 3.67% 18.93% 8.74% -- -- --
FLEH (NAV) 2.02% 3.05% 18.62% 7.44% -- -- --
FTSE Developed Europe RIC Capped Hedged to USD Index 2.02% 2.92% 18.46% 7.28% 11.33% 7.68% --
MSCI Europe IMI 1.01% 0.75% 14.89% -0.79% 8.82% 1.84% 7.87%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLEH Top 10 Countries

FLEH Top 10 Sectors

FLEH Top 10 Holdings [View All]

FLEH Summary Data

11/02/17
Open-Ended Fund
0.09%
$4.77M
$37.41K
0.30%

FLEH Portfolio Data

$74.16B
16.17
1.71
10.11%
12/19/19
585

FLEH Index Data

FTSE Developed Europe RIC Capped Hedged to USD Index
Market Cap
Market Cap
MSCI Europe IMI

FLEH Portfolio Management

0.09%
0.05%
0.20%
-0.17%

FLEH Tax Exposures

20.00% / 39.60%
4.23%
Qualified dividends
No

FLEH Fund Structure

Open-Ended Fund
Yes
No
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FLEH Factset Analytics Block Liquidity

As of 07/12/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FLEH. FLEH is rated a 4 out of 5.

FLEH Tradability

1,302
$37.41K
20
$1.16K
0.30%
$0.07
0.00%
4.12% / -2.62%
None
31.00%
200,000
0.00
0.06%
0.02%
--
$23.79
4

FLEH Sector/Industry Breakdown


FLEH
Segment Benchmark
20.26%
20.23%
14.19%
13.73%
13.18%
12.49%
12.66%
13.48%
11.05%
11.62%
8.98%
8.15%
7.19%
7.13%
5.05%
5.96%
4.02%
3.87%
3.42%
3.35%

FLEH TOP 10 HOLDINGS[View All]

3.40%
2.19%
2.11%
1.87%
1.57%
1.51%
1.50%
1.47%
1.36%
1.18%
18.16%

FLEH Countries


FLEH
Segment Benchmark
27.33%
27.73%
16.80%
15.98%
14.26%
13.69%
13.84%
13.89%
5.50%
5.43%
4.89%
4.73%
4.31%
4.78%
3.79%
3.83%
2.80%
2.84%
1.69%
1.69%

FLEH Regions


FLEH
Segment Benchmark
99.69%
99.25%
0.31%
0.75%

FLEH Economic Development


FLEH
Segment Benchmark
99.43%
100.00%
0.57%
--

FLEH Performance Statistics

0.85
0.81
0.75
0.90
0.35%
MSCI Europe IMI

FLEH MSCI ESG Ratings

AA
7.27 / 10
49.88
92.53
13.27%
5.32%
147.93

FLEH BENCHMARK COMPARISON HOLDINGS

585
1414
526
89.55%

FLEH BENCHMARK COMPARISON SUMMARY


FLEH
Segment Benchmark
585
1414
$74.16B
$67.40B
16.17
16.61
1.71
1.73
3.70%
3.61%
Low
Low

FLEH BENCHMARK COMPARISON MARKET CAP SIZE


FLEH
Segment Benchmark
81.37%
74.21%
18.52%
19.36%
0.11%
5.78%
0.00%
0.64%