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Franklin FTSE Asia ex Japan ETF (FLAX)



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Upturn Advisory Summary
08/14/2025: FLAX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit 7.11% | Avg. Invested days 43 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
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Key Highlights
Volume (30-day avg) - | Beta 0.96 | 52 Weeks Range 20.43 - 26.13 | Updated Date 06/29/2025 |
52 Weeks Range 20.43 - 26.13 | Updated Date 06/29/2025 |
Upturn AI SWOT
Franklin FTSE Asia ex Japan ETF
ETF Overview
Overview
The Franklin FTSE Asia ex Japan ETF (FLAX) seeks to track the investment results of the FTSE Asia ex Japan Index, providing exposure to large- and mid-cap stocks in developed and emerging markets of Asia, excluding Japan. It aims for diversification across various sectors within the region.
Reputation and Reliability
Franklin Templeton is a well-established global investment management firm with a long history and a strong reputation.
Management Expertise
Franklin Templeton has extensive experience in managing international and index-tracking funds, with a dedicated team overseeing the ETF.
Investment Objective
Goal
To provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Asia ex Japan Index.
Investment Approach and Strategy
Strategy: The ETF employs a passive management strategy, seeking to replicate the index by investing in a portfolio of stocks that make up the FTSE Asia ex Japan Index.
Composition Primarily holds stocks of companies located in Asian countries excluding Japan. Allocation varies based on index weighting.
Market Position
Market Share: FLAX's market share is moderate compared to other Asia ex-Japan ETFs.
Total Net Assets (AUM): 298000000
Competitors
Key Competitors
- iShares MSCI AC Asia ex Japan ETF (AAXJ)
- Vanguard FTSE Emerging Markets ETF (VWO)
- Schwab Emerging Markets Equity ETF (SCHE)
Competitive Landscape
The Asia ex-Japan ETF market is competitive, with several large players. FLAX benefits from Franklin Templeton's brand but faces stiff competition from larger, more liquid ETFs. FLAX has a lower expense ratio than some competitors. Disadvantage is that the trading volume is low compared to competitors.
Financial Performance
Historical Performance: Historical performance data requires real-time updates and cannot be provided directly.
Benchmark Comparison: Benchmark comparison requires up-to-date performance data. Performance should closely track the FTSE Asia ex Japan Index.
Expense Ratio: 0.08
Liquidity
Average Trading Volume
The average trading volume is moderate, indicating adequate but not exceptional liquidity.
Bid-Ask Spread
The bid-ask spread is generally tight, indicating relatively low trading costs.
Market Dynamics
Market Environment Factors
Economic growth in Asia ex-Japan, trade policies, currency fluctuations, and geopolitical events influence FLAX's performance.
Growth Trajectory
Growth depends on the performance of the underlying Asian economies and market sentiment toward emerging markets. Changes to the Index can result in holding changes.
Moat and Competitive Advantages
Competitive Edge
FLAX benefits from Franklin Templeton's established brand and reputation. Its competitive edge lies in its very low expense ratio, making it an attractive option for cost-conscious investors. The ETF aims to offer broad exposure to the Asia ex-Japan market with a focus on replication of the FTSE Asia ex Japan Index. However, FLAX doesn't have significantly more AUM compared to other ETFs.
Risk Analysis
Volatility
FLAX's volatility is dependent on the volatility of the underlying Asian stock markets.
Market Risk
FLAX is exposed to market risk associated with Asian equities, including economic downturns, political instability, and regulatory changes.
Investor Profile
Ideal Investor Profile
FLAX is suitable for investors seeking broad exposure to the Asia ex-Japan equity market and who are comfortable with the risks associated with international investing.
Market Risk
FLAX is best suited for long-term investors seeking diversified exposure to Asian equities.
Summary
The Franklin FTSE Asia ex Japan ETF (FLAX) seeks to replicate the FTSE Asia ex Japan Index, providing diversified exposure to Asian equities excluding Japan. Franklin Templeton's reputation and the fund's low expense ratio are key strengths. The ETF is suitable for long-term investors seeking broad exposure to the region. Market and political risks in Asia will affect the value. Its low expense ratio makes it a cost-effective option.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Franklin Templeton website
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Consult with a financial advisor before making any investment decisions. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Franklin FTSE Asia ex Japan ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website |
Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Asia ex Japan Capped Index and in depositary receipts representing such securities. The FTSE Asia ex Japan Capped Index is based on the FTSE Asia ex Japan Index and is designed to measure the performance of large- and mid- capitalization stocks from developed and emerging Asian countries, excluding Japan.

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