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FLAX
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Franklin FTSE Asia ex Japan ETF (FLAX)

Upturn stock ratingUpturn stock rating
$27.1
Last Close (24-hour delay)
Profit since last BUY7.11%
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Consider higher Upturn Star rating
BUY since 43 days
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  • SELL Advisory (Loss)​
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Upturn Advisory Summary

08/14/2025: FLAX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

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 stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
ETF Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

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

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Franklin FTSE Asia ex Japan ETF

stock logo

ETF Overview

overview logo 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.

reliability logo Reputation and Reliability

Franklin Templeton is a well-established global investment management firm with a long history and a strong reputation.

reliability logo Management Expertise

Franklin Templeton has extensive experience in managing international and index-tracking funds, with a dedicated team overseeing the ETF.

Investment Objective

overview logo 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

overview logo 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.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.