Franklin FTSE Europe ETF
$37.60+0.17 (+0.45%)
- 0.09%
- $98M
- +11.6%
- 3.26%
- 0M sh
- $37.58
- low $34.16high $40.53
The ETF.net FLEE Grade
B
Score 57 out of 100
- 12 of 21
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.C53 out of 100Rank 9 of 21Mission
Whether the fund did what it promised, tested against its stated mandate.A99 out of 100Rank 15 of 18Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D39 out of 100Rank 19 of 21Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D37 out of 100Rank 17 of 21Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C41 out of 100Rank 16 of 20Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D29 out of 100Rank 18 of 21
Our read on FLEE
BFranklin's Europe-only index sleeve at 0.09% a year, half the typical fee on the developed-international shelf. It tracks a capped FTSE Europe benchmark of roughly 600 stocks, and it does that job quietly: small fund, thin volume.
The Fund seeks to closely track, before fees and expenses, the performance of the FTSE Developed Europe Capped Index through a passive indexing approach, using replication or representative sampling.
Why people hold it
- Costs 0.09% a year, against a 0.18% median for its developed-international cohort. Cheap beta on Europe.
- Pure passive: it has tracked the FTSE Developed Europe Capped Index about as closely as anything in its peer group since launching in 2017.
- The index is RIC-capped, meaning FTSE's rules trim outsized weights so the fund stays inside the IRS diversification limits for US-registered funds.lseg.com
- Roughly 600 developed-Europe names and nothing else: no Japan, no Canada. A regional building block, not a one-ticket international core.
Worth knowing
- A small fund with thin daily volume. Spreads and order type matter more here than with the mega-ETFs on the same shelf.
- VGK undercuts it at 0.06%, so the fee edge is over the broad cohort, not over the cheapest Europe wrapper on the shelf.
- One region, one currency bloc: returns move with European markets and with the euro and pound against the dollar, with no US or Asian offset.
FLEE Holdings
- Stocks
- 496
- 21%
- ASML.AS
Sectors
- Financials25.8%
- Industrials18.8%
- Health Care12.4%
- Technology9.5%
- Consumer Staples8.0%
- Consumer Discretionary6.2%
- Materials5.7%
- Energy5.5%
- Utilities4.7%
- Communication2.5%
- Real Estate0.9%
Geography
- United Kingdom21.66%
- Switzerland15.27%
- Germany13.27%
- France12.77%
- Netherlands10.14%
- Spain6.08%
- Italy5.10%
- Sweden5.07%
- 10.65%
Developed 99% · Emerging 1%
FLEE 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.
FLEE$11,161
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 | FLEE |
|---|---|
| Year to date | +4.8% |
| 1 month | −4.4% |
| 3 months | −3.2% |
| 1 year | +11.6% |
| 3 years | +17.2% |
| 5 years | +9.3% |
| 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 | FLEE |
|---|---|---|
| 2026 YTD | +4.8% | |
| 2025 | +35.8% | |
| 2024 | +2.0% | |
| 2023 | +20.5% | |
| 2022 | −15.2% | |
| 2021 | +16.8% | |
| 2020 | +5.4% |
FLEE in the news
FLEE Dividends
- 3.26%
- $1.22
- $0.87 per share
- Twice a year
Distribution history
FLEE Risk
- 13.1%
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.
- 0.99
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.
- −31.6%
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.
- 0.94
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLEE Cost
0.09%
FLEE0.09%
- The middle half of Developed International Core funds
- Median 0.09%
8 of the 21 Developed International Core funds charge less.
Other funds in Developed International Core
- BURTHiShares MSCI World ETFExpense ratio 0.24%1 year return +19.0%
- BBBEUJPMorgan BetaBuilders Europe ETFExpense ratio 0.09%1 year return +11.2%
- BFNDFSchwab Fundamental International Large Company Index ETFExpense ratio 0.25%1 year return +30.7%
- BKOKUXtrackers MSCI Kokusai Equity ETFExpense ratio 0.09%1 year return +15.8%
- CPXFInvesco RAFI Developed Markets ex-U.S. ETFExpense ratio 0.43%1 year return +30.1%