Franklin FTSE Asia ex Japan ETF
$35.68−0.27 (−0.75%)
- 0.19%
- $58M
- +30.4%
- 2.05%
- 0M sh
- $36.04
- low $28.56high $39.20
The ETF.net FLAX Grade
B
Score 57 out of 100
- 3 of 7
Score 57 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B57 out of 100Rank 3 of 7Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 7Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C42 out of 100Rank 5 of 7Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F10 out of 100Rank 7 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B58 out of 100Rank 3 of 7Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D32 out of 100Rank 7 of 7
Our read on FLAX
BOne line item for Asia's markets with Japan left out: roughly 1,600 stocks at 0.19% a year, less than half the median fee among index-tracking peers. Broad, cheap, and thin to trade.
The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the FTSE Asia ex Japan RIC Capped Index.
Why people hold it
- 0.19% a year against a 0.45% median for index-tracking peers. Less than half the going rate for the same passive job.
- About 1,600 holdings across Asia ex Japan. The index is a RIC-capped version, which limits how large any single position can grow.
- Plain passive mandate since 2018: match the FTSE Asia ex Japan RIC Capped Index before fees and expenses. No manager discretion, no style drift.
Worth knowing
- Thinly traded, so on any single trip in or out the bid-ask spread can cost more than the annual fee. Limit orders are the usual tool.
- Cash comes annually or semiannually, not monthly. Income arrives in lumps.
- One region, Japan excluded. This is a regional equity slice that tracks Asian markets, not a global core holding.
FLAX Holdings
- Stocks
- 1,621
- 40%
- 2330.TW
Sectors
- Technology46.3%
- Financials17.1%
- Consumer Discretionary8.2%
- Industrials7.7%
- Communication5.5%
- Materials3.7%
- Health Care3.3%
- Energy2.4%
- Consumer Staples2.2%
- Utilities1.8%
- Real Estate1.7%
Geography
- Taiwan31.53%
- South Korea22.07%
- China21.16%
- India12.81%
- Hong Kong4.64%
- Singapore3.27%
- Thailand1.30%
- Malaysia1.28%
- 1.93%
Developed 9% · Emerging 91%
FLAX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
FLAX$13,043
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FLAX |
|---|---|
| Year to date | +22.1% |
| 1 month | −2.6% |
| 3 months | −0.8% |
| 1 year | +30.4% |
| 3 years | +23.5% |
| 5 years | +9.0% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FLAX |
|---|---|---|
| 2026 YTD | +22.1% | |
| 2025 | +33.7% | |
| 2024 | +9.8% | |
| 2023 | +6.3% | |
| 2022 | −18.9% | |
| 2021 | −3.5% | |
| 2020 | +24.2% |
FLAX in the news
FLAX Dividends
- 2.05%
- $0.74
- $0.20 per share
- Twice a year
Distribution history
FLAX Risk
- 15.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.21
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −34.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.15
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLAX Cost
0.19%
FLAX0.19%
- The middle half of Asia-Pacific Region funds
- Median 0.19%
2 of the 7 Asia-Pacific Region funds charge less.
Other funds in Asia-Pacific Region
- AVPLVanguard FTSE Pacific ETFExpense ratio 0.07%1 year return +35.9%
- AIPACiShares Core MSCI Pacific ETFExpense ratio 0.09%1 year return +23.7%
- CBBAXJPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETFExpense ratio 0.19%1 year return +15.9%
- CEPPiShares MSCI Pacific ex Japan ETFExpense ratio 0.47%1 year return +12.6%
- CAAXJiShares MSCI All Country Asia ex Japan ETFExpense ratio 0.72%1 year return +30.6%