---
ticker: "FLAX"
name: "Franklin FTSE Asia ex Japan ETF"
url: "https://etf.net/etf/FLAX"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "Asia-Pacific Region"
category_rank: "3 of 7"
methodology: "https://etf.net/methodology"
---

# FLAX: Franklin FTSE Asia ex Japan ETF

Grade **B**, Score 57 of 100. Rank 3 of 7 in Asia-Pacific Region.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 57 | 3 of 7 |
| Mission | 100 | 1 of 7 |
| Risk | 42 | 5 of 7 |
| Tradability | 10 | 7 of 7 |
| Holdings | 58 | 3 of 7 |
| Durability | 32 | 7 of 7 |

## Top holdings

The fund holds 1621 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 2330.TW | Taiwan Semiconductor Manu | 15.95% |
| 2 | 005930.KS | Samsung Electronics Co Lt | 7.40% |
| 3 | 000660.KS | Sk Hynix Inc | 5.91% |
| 4 | 0700.HK | Tencent Holdings Ltd | 2.77% |
| 5 | 9988.HK | Alibaba Group Holding Ltd | 2.13% |
| 6 | 2454.TW | Mediatek Inc | 1.77% |
| 7 | 2308.TW | Delta Electronics Inc | 0.98% |
| 8 | 005935.KS | Samsung Electronics-Pref | 0.95% |
| 9 | D05.SI | Dbs Group Holdings Ltd | 0.95% |
| 10 | 0939.HK | China Construction Bank-H | 0.91% |
| 11 | 2317.TW | Hon Hai Precision Industr | 0.78% |
| 12 | 1299.HK | Aia Group Ltd | 0.77% |
| 13 | HDFCBANK.BO | Hdfc Bank Limited | 0.69% |
| 14 | RELIANCE.BO | Reliance Industries Limit | 0.67% |
| 15 | 3711.TW | Ase Technology Holding Co | 0.64% |
| 16 | 1398.HK | Ind & Comm Bk of China-H | 0.63% |
| 17 | ICICIBANK.BO | Icici Bank Ltd | 0.61% |
| 18 | O39.SI | Oversea-Chinese Banking C | 0.59% |
| 19 | 402340.KS | Sk Square Co Ltd | 0.57% |
| 20 | 009150.KS | Samsung Electro-Mechanics | 0.52% |
| 21 | PDD | Pdd Holdings Inc | 0.52% |
| 22 | BHARTIARTL.BO | Bharti Airtel Ltd | 0.48% |
| 23 | 0388.HK | Hong Kong Exchanges & Cle | 0.47% |
| 24 | 1810.HK | Xiaomi Corp-Class B | 0.47% |
| 25 | 2383.TW | Elite Material Co Ltd | 0.45% |
| 26 | 2303.TW | United Microelectronics C | 0.44% |
| 27 | 3037.TW | Unimicron Technology Corp | 0.43% |
| 28 | 3988.HK | Bank of China Ltd-H | 0.43% |
| 29 | 3690.HK | Meituan-Class B | 0.41% |
| 30 | 1303.TW | Nan Ya Plastics Corp | 0.39% |

Source: etf.net, https://etf.net/etf/FLAX. Please cite the page URL.