Franklin FTSE Europe ETF
$38.42−0.61 (−1.55%)
- Expense ratio
- 0.09%
- Fund size
- $117M
- 1Y return
- +16.1%
- Yield · Last 12 months
- 3.13%
- Holdings
- 575
- Volume · 30D
- 0M sh
- NAV per share
- $38.91
- 52W range
The ETF.net FLEE Grade
Score 57 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 55Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 99Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 41Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 27Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 44Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 33Category rank
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
- 575
- 21%
- ASML.AS
Sectors
- Financials25.8%
- Industrials19.1%
- Health Care12.4%
- Technology9.0%
- Cons. Staples8.1%
- Consumer Discr.6.6%
- Materials5.9%
- Energy5.0%
- Utilities4.6%
- Communication2.7%
- Real Estate1.0%
Geography
- United Kingdom21.78%
- Switzerland14.97%
- Germany13.33%
- France13.18%
- Netherlands9.50%
- Spain6.23%
- Italy5.42%
- Sweden5.06%
- 10.52%
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.
Returns run to the Sep 22, 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 | +9.3% |
| 1 month | −3.1% |
| 3 months | +1.6% |
| 1 year | +16.1% |
| 3 years | +18.6% |
| 5 years | +9.7% |
| 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 | +9.3% | |
| 2025 | +35.8% | |
| 2024 | +2.0% | |
| 2023 | +20.5% | |
| 2022 | −15.2% | |
| 2021 | +16.8% | |
| 2020 | +5.4% |
FLEE in the news
ETF.net Research hasn’t filed on FLEE yet — coverage lands here as it’s written.
FLEE Dividends
- 3.13%
- $1.22
- $0.87 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 26, 2026 | Jul 6, 2026 | $0.87 |
| Dec 19, 2025 | Dec 29, 2025 | $0.35 |
| Jun 20, 2025 | Jun 27, 2025 | $0.65 |
| Dec 20, 2024 | Dec 30, 2024 | $0.28 |
| Jun 21, 2024 | Jun 28, 2024 | $0.81 |
| Dec 15, 2023 | Dec 26, 2023 | $0.19 |
| Jun 16, 2023 | Jun 27, 2023 | $0.54 |
| Dec 16, 2022 | Dec 22, 2022 | $0.32 |
| Jun 17, 2022 | Jun 28, 2022 | $0.51 |
| Dec 30, 2021 | Jan 7, 2022 | $0.01 |
| Dec 13, 2021 | Dec 21, 2021 | $0.40 |
| Jun 10, 2021 | Jun 18, 2021 | $0.65 |
FLEE Risk
- 12.9%
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.
- 1.01
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
- The middle half of Developed International Core funds
- Median 0.09%
8 of the 21 Developed International Core funds charge less.