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Launched

Franklin FTSE Eurozone ETF

FLEUNYSE ArcaFranklin TempletonA

$34.06+0.22 (+0.65%)

As of Nov 2, 2026, 3:55 PM ET

A73/ 100

Rank 3 of 12 in Europe Region

A73/100Rank 3 of 12inEurope Region
Intraday session: up, 74 prints from 33.84 to 34.06. Range 33.84 to 34.18. Use the arrow keys to read each point.33.9034.0034.1034.2010 AM12 PM2 PM4 PM
Expense ratio
0.09%
Fund size
$68M
1Y total return
+8.1%
Yield · Last 12 months
2.84%
Holdings
265
Avg volume · 30D
6.09K sh
52W range
low $30.96high $37.45
Launched

The ETF.net FLEU Grade

A

Score 73 out of 100

Category
Europe Region⁠
Rank
3 of 12
Six-pillar profile for FLEU. Scores out of 100: Cost 89, Risk 52, Mission 100, Tradability 31, Holdings 77, Durability 28. Strongest: Mission (100). Weakest: Durability (28). Leans toward Mission.

Score 73 of 100 falls in the A 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.
    A89 out of 100
    Rank 2 of 12

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 11

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C52 out of 100
    Rank 6 of 12

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D31 out of 100
    Rank 10 of 12

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A77 out of 100
    Rank 3 of 12

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D28 out of 100
    Rank 11 of 12

Our read on FLEU

ETF.net Research

In short

AThe euro bloc, straight up: no UK, no Swiss francs, no hedging overlay. Franklin charges 0.09% a year to track the FTSE Developed Eurozone Index, a fraction of the median fee among index funds in its peer group.

Stated mandate

The Fund uses a passive indexing approach and seeks to track, before fees and expenses, the FTSE Developed Eurozone Index.

Why people hold it

  • 0.09% a year against a 0.45% median for index funds in its peer group. Cheap beta is the entire pitch, and Franklin delivers it.
  • Roughly 300 stocks across developed eurozone markets, so the exposure reaches past the handful of household-name blue chips that dominate the region.
  • A plain mandate with nowhere to hide: passively track the FTSE Developed Eurozone Index before fees. No factor tilts, no active overlay, no discretion.sec.gov
  • Sits in the upper half of its index-wrapper peer group on the strength of that fee and a mandate it follows tightly.

Worth knowing

  • Thinly traded. On smaller orders the bid-ask spread can cost more than a year of the 0.09% fee.
  • It launched in 2017 as the Franklin FTSE Europe Hedged ETF and was renamed to the Eurozone strategy in 2023, so the early record reflects a different, hedged mandate.sec.gov
  • Euro-currency countries only. The UK, Switzerland and the non-euro Nordics are out, and the euro's move against the dollar rides along unhedged.

FLEU Holdings

Holdings pillarA77 out of 100Rank 3 of 12 in Europe Region
Asset class
Stocks
Holdings
265
Top-10 weight
29%
Largest holding
ASML.AS8.2%

Sectors

  • Financials27.4%
  • Industrials19.7%
  • Technology16.5%
  • Consumer Discretionary7.2%
  • Utilities6.5%
  • Health Care5.7%
  • Consumer Staples4.8%
  • Materials4.1%
  • Energy4.1%
  • Communication3.1%
  • Real Estate0.9%

Geography

  • Germany25.59%
  • France24.35%
  • Netherlands17.33%
  • Spain11.01%
  • Italy9.08%
  • Belgium2.75%
  • Finland2.49%
  • United States2.14%
  • Other countries (8)5.26%

Developed 99% · Emerging 1% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 18.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1ASML.ASAsml Holding NV8.23%3,530$5.57M193
2SAP.DESap SE3.12%8,940$2.11M172
3SIE.DESiemens Ag-Reg2.91%6,630$1.97M154
4TTE.PATotalenergies SE2.59%18,340$1.75M159
5ALV.DEAllianz Se-Reg2.52%3,480$1.7M161
6IBE.MCIberdrola SA2.23%60,950$1.51M164
7SAN.MCBanco Santander SA2.21%132,120$1.49M139
8SU.PASchneider Electric SE2.03%5,180$1.37M174
9BBVA.MCBanco Bilbao Vizcaya Arge1.79%51,460$1.21M144
10AI.PAAir Liquide SA1.73%5,810$1.17M122
11AIR.PAAirbus SE1.70%5,350$1.15M129
12UCG.MIUnicredit Spa1.56%12,960$1.06M155
13OR.PAL'oreal1.51%2,090$1.02M134
14ENR.DESiemens Energy AG1.45%6,910$979K163
15MC.PALvmh Moet Hennessy Louis1.44%2,258$975K140

Showing 1–15 of 265 holdings

FLEU 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.
FLEU$10,809
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. FLEU $10,809. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 FLEU. Periods over one year show the average yearly return.
PeriodFLEU
Year to date+3.4%
1 month−2.6%
3 months−6.0%
1 year+8.1%
3 yearsper year+20.3%
5 yearsper year+10.2%
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 FLEU
YearReturn barFLEU
2026 YTD+3.4%
2025+41.5%
2024+2.3%
2023+16.2%
2022−8.7%
2021+23.3%
2020+1.0%

FLEU in the news

FLEU 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 Oct 30, 2026.
2.84%Last 12 months
Payout per share
$0.96Last 12 months
Last payment
$0.58 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. 20 payments from 2017 to 2026 YTD. Dec 20, 2017 $0.01; Dec 28, 2017 $0.0045; Jun 20, 2018 $0.38; Dec 20, 2018 $2.10; Jun 11, 2019 $0.31; Dec 11, 2019 $1.16; Jun 11, 2020 $0.15; Dec 14, 2020 $0.32; Jun 10, 2021 $0.15; Dec 13, 2021 $0.71; Dec 30, 2021 $0.02; Jun 17, 2022 $0.24; Dec 16, 2022 $4.39; Jun 16, 2023 $0.35; Dec 15, 2023 $0.44; Jun 21, 2024 $0.46; Dec 20, 2024 $0.31; Jun 20, 2025 $0.35; Dec 19, 2025 $0.38; Jun 26, 2026 $0.58. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 26, 2026Jul 6, 2026$0.58
Dec 19, 2025Dec 29, 2025$0.38
Jun 20, 2025Jun 27, 2025$0.35
Dec 20, 2024Dec 30, 2024$0.31
Jun 21, 2024Jun 28, 2024$0.46
Dec 15, 2023Dec 26, 2023$0.44
Jun 16, 2023Jun 27, 2023$0.35
Dec 16, 2022Dec 22, 2022$4.39
Jun 17, 2022Jun 28, 2022$0.24
Dec 30, 2021Jan 7, 2022$0.02
Dec 13, 2021Dec 21, 2021$0.71
Jun 10, 2021Jun 18, 2021$0.15

See all 20 payments⁠

$10,000 in FLEU 5 years ago paid $2,808 in dividends.⁠

FLEU Risk

Risk pillarC52 out of 100Rank 6 of 12 in Europe Region
How much the fund’s monthly returns vary, scaled to a year.
14.1%
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.
1.07
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.
−18.7%
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.
1.02
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.

FLEU Cost

Compare FLEU and SPEU

Overpaying vs SPEU, cheapest in Europe Region

$418

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

  • FLEU 0.09%

    $1,898

  • SPEU 0.07% Cheapest

    $1,480

$10,000
30 years

Cost over time

  • FLEU 0.09%
  • SPEU 0.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K051015202530FLEU $1,898SPEU $1,480

Year by year

YearFLEUSPEUOverpaying
10$165$128$37
20$646$503$143
30$1,898$1,480$418

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