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FLEU

GradeANew York Stock Exchange Arca

Franklin FTSE Eurozone ETF

Countries & Regions · Franklin Templeton · Inception 2017-11-02

$35.24−0.22 (−0.62%)

As of Sep 23, 2026, 2:05 PM EDT

Intraday session: down, 7 prints from 35.46 to 35.24. Range 35.00 to 35.77. Use the arrow keys to read each point.$35.00$35.40$35.60$35.8010 AM12 PM2 PM4 PM
Expense ratio
0.09%
Fund size
$71M
1Y return
+15.3%
Yield · Last 12 months
2.69%
Holdings
268
Volume · 30D
0M sh
NAV per share
$35.63
52W range
low $30.96high $37.45

The ETF.net FLEU Grade

A

72/ 100

Rank 4 of 12 in Europe Region⁠

Confidence High

Six-pillar profile for FLEU. Scores out of 100: Cost 89, Risk 52, Mission 99, Tradability 30, Holdings 74, Durability 25. Strongest: Mission (99). Weakest: Durability (25). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 72 of 100 sits in the A 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.
    AScore 89
    Category rank2/12 · top 17%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 99
    Category rank5/11 · top 45%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 52
    Category rank7/12 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 30
    Category rank10/12 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 74
    Category rank3/12 · top 25%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 25
    Category rank12/12 · bottom quartile

Graded as of Sep 22, 2026

Our read on FLEU

ETF.net Research

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

  1. 010.09% a year against a 0.45% median for index funds in its peer group. Cheap beta is the entire pitch, and Franklin delivers it.
  2. 02Roughly 300 stocks across developed eurozone markets, so the exposure reaches past the handful of household-name blue chips that dominate the region.
  3. 03A 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
  4. 04Sits in the upper half of its index-wrapper peer group on the strength of that fee and a mandate it follows tightly.

Worth knowing

  1. 01Thinly traded. On smaller orders the bid-ask spread can cost more than a year of the 0.09% fee.
  2. 02It 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
  3. 03Euro-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

As of Sep 22, 2026, 9:32 PM
Asset class
Stocks
Holdings
268
Top-10 weight
30%
Largest holding
ASML.AS8.4%

Sectors

  • Financials27.2%
  • Industrials19.9%
  • Technology15.6%
  • Consumer Discr.8.0%
  • Utilities6.5%
  • Health Care5.8%
  • Cons. Staples4.9%
  • Materials4.2%
  • Energy3.7%
  • Communication3.3%
  • Real Estate1.1%

Geography

  • France24.66%
  • Germany24.55%
  • Netherlands18.06%
  • Spain11.52%
  • Italy9.84%
  • Finland3.46%
  • Belgium2.59%
  • Austria1.27%
  • Other countries (7)4.05%

Developed 99% · Emerging 1% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 18.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ASML.ASASML HOLDING NV8.41%3,526$6M194
002SIE.DESIEMENS AG-REG2.92%6,630$2M152
003SAN.MCBANCO SANTANDER SA2.71%131,970$2M134
004SAP.DESAP SE2.63%8,930$2M163
005ALV.DEALLIANZ SE-REG2.49%3,480$2M158
006SU.PASCHNEIDER ELECTRIC SE2.36%4,960$2M173
007TTE.PATOTALENERGIES SE2.32%18,320$2M151
008BBVA.MCBANCO BILBAO VIZCAYA ARGE2.08%51,400$1M142
009IBE.MCIBERDROLA SA1.99%60,880$1M154
010UCG.MIUNICREDIT SPA1.74%12,940$1M154
011SAF.PASAFRAN SA1.68%3,150$1M156
012AIR.PAAIRBUS SE1.68%5,340$1M134
013ENR.DESIEMENS ENERGY AG1.59%6,900$1M165
014AI.PAAIR LIQUIDE SA1.54%5,800$1M124
015ISP.MIINTESA SANPAOLO1.52%139,270$1M140

Showing 1–15 of 266 holdings

FLEU Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

FLEU$11,526
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. FLEU $11,526. SPY $11,723. Use the arrow keys to read each point.$9,334$10,764$12,194Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for FLEU. Periods over one year show the average yearly return.
PeriodFLEU
Year to date+9.1%
1 month−3.3%
3 months−0.2%
1 year+15.3%
3 years+20.6%per year
5 years+11.9%per year
10 yearsFund is under 10 years old—per year

As of the close, 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+9.1%
2025+41.5%
2024+2.3%
2023+16.2%
2022−8.7%
2021+23.3%
2020+1.0%

FLEU in the news

ETF.net Research hasn’t filed on FLEU yet — coverage lands here as it’s written.

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 Sep 22, 2026.
2.69%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

FLEU Risk

How much the fund’s monthly returns vary, scaled to a year.
14.4%
Annualised · 36 months to Aug 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.
1.01
vs 3-month T-bills · to Aug 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.

FLEU Cost

Expense ratio0.09%
  • The middle half of Europe Region funds
  • Median 0.51%

1 of the 12 Europe Region funds charge less.

FLEU costs $9.00 a year on $10,000. The median Europe Region fund costs $50.50.