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Launched · SEC filings

Franklin FTSE Europe ETF

FLEENYSE ArcaFranklin TempletonB

$38.90−0.26 (−0.66%)

As of Nov 10, 2026, 11:25 AM ET

B57/ 100

Rank 13 of 21 in Developed International Core

B57/100Rank 13 of 21inDeveloped International Core
Intraday session: down, 21 prints from 39.16 to 38.90. Range 38.90 to 39.16. Use the arrow keys to read each point.38.9539.0039.0539.1010 AM12 PM2 PM4 PM
Expense ratio
0.09%
Fund size
$100M
1Y total return
+15.7%
Yield · Last 12 months
3.12%
Holdings
495
Avg volume · 30D
9.82K sh
52W range
low $34.16high $40.53
Launched
Filings
SEC EDGAR

The ETF.net FLEE Grade

B

Score 57 out of 100

Category
Developed International Core⁠
Rank
13 of 21
Six-pillar profile for FLEE. Scores out of 100: Cost 53, Risk 39, Mission 99, Tradability 37, Holdings 41, Durability 29. Strongest: Mission (99). Weakest: Durability (29). Leans toward Mission.

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 100
    Rank 9 of 21

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A99 out of 100
    Rank 15 of 18

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D39 out of 100
    Rank 20 of 21

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D37 out of 100
    Rank 15 of 21

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C41 out of 100
    Rank 16 of 20

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D29 out of 100
    Rank 18 of 21

Our read on FLEE

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Nov 2, 2017

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$11,566
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. FLEE $11,566. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000$12,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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.

Trailing total return for FLEE. Periods over one year show the average yearly return.
PeriodFLEE
Year to date+9.6%
1 month+4.6%
3 months−2.7%
1 year+15.7%
3 yearsper year+19.2%
5 yearsper year+8.9%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FLEE
YearReturn barFLEE
2026 YTD+9.6%
2025+35.8%
2024+2.0%
2023+20.5%
2022−15.2%
2021+16.8%
2020+5.4%

FLEE in the news

FLEE Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
3.12%Last 12 months
Payout per share
$1.22Last 12 months
Last payment
$0.87 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 19 payments from 2017 to 2026 YTD. Dec 20, 2017 $0.0052; Jun 20, 2018 $0.56; Dec 20, 2018 $0.25; Jun 11, 2019 $0.34; Dec 11, 2019 $0.42; Jun 11, 2020 $0.20; Dec 14, 2020 $0.29; Jun 10, 2021 $0.65; Dec 13, 2021 $0.40; Dec 30, 2021 $0.01; Jun 17, 2022 $0.51; Dec 16, 2022 $0.32; Jun 16, 2023 $0.54; Dec 15, 2023 $0.19; Jun 21, 2024 $0.81; Dec 20, 2024 $0.28; Jun 20, 2025 $0.65; Dec 19, 2025 $0.35; Jun 26, 2026 $0.87. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 26, 2026Jul 6, 2026$0.87
Dec 19, 2025Dec 29, 2025$0.35
Jun 20, 2025Jun 27, 2025$0.65
Dec 20, 2024Dec 30, 2024$0.28
Jun 21, 2024Jun 28, 2024$0.81
Dec 15, 2023Dec 26, 2023$0.19
Jun 16, 2023Jun 27, 2023$0.54
Dec 16, 2022Dec 22, 2022$0.32
Jun 17, 2022Jun 28, 2022$0.51
Dec 30, 2021Jan 7, 2022$0.01
Dec 13, 2021Dec 21, 2021$0.40
Jun 10, 2021Jun 18, 2021$0.65

See all 19 payments⁠

$10,000 in FLEE 5 years ago paid $1,648 in dividends.⁠

FLEE Risk

Risk pillarD39 out of 100Rank 20 of 21 in Developed International Core
How much the fund’s monthly returns vary, scaled to a year.
12.8%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.10
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−31.6%
Trough Sep 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.94
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

FLEE Cost

Compare FLEE and VEA

Overpaying vs VEA, tied cheapest in Developed International Core

$1,260

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FLEE 0.09%

    $1,898

  • VEA 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • FLEE 0.09%
  • VEA 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K051015202530FLEE $1,898VEA $638

Year by year

YearFLEEVEAOverpaying
10$165$55$110
20$646$216$430
30$1,898$638$1,260

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