Franklin FTSE Eurozone ETF
$34.08+0.24 (+0.69%)
- 0.09%
- $68M
- +10.0%
- 2.84%
- 0M sh
- $34.04
- low $30.96high $37.45
The ETF.net FLEU Grade
A
Score 73 out of 100
- 3 of 12
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 100Rank 2 of 12Mission
Whether the fund did what it promised, tested against its stated mandate.A99 out of 100Rank 5 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C53 out of 100Rank 7 of 12Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D35 out of 100Rank 9 of 12Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A75 out of 100Rank 3 of 12Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D25 out of 100Rank 12 of 12
Our read on FLEU
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.
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
- Stocks
- 265
- 30%
- ASML.AS
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
- Germany24.89%
- France24.10%
- Netherlands18.91%
- Spain11.38%
- Italy9.56%
- Finland3.39%
- Belgium2.57%
- Austria1.22%
- 3.96%
Developed 99% · Emerging 1%
FLEU 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.
FLEU$11,001
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 | FLEU |
|---|---|
| Year to date | +3.4% |
| 1 month | −6.2% |
| 3 months | −4.4% |
| 1 year | +10.0% |
| 3 years | +19.3% |
| 5 years | +11.0% |
| 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 | FLEU |
|---|---|---|
| 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
- 2.84%
- $0.96
- $0.58 per share
- Twice a year
Distribution history
FLEU Risk
- 14.2%
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.
- 1.06
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.
- −18.7%
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.
- 1.02
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
0.09%
FLEU0.09%
- The middle half of Europe Region funds
- Median 0.51%
1 of the 12 Europe Region funds charge less.
Other funds in Europe Region
- ASPEUState Street SPDR Portfolio Europe ETFExpense ratio 0.07%1 year return +11.2%
- AFEZState Street SPDR EURO STOXX 50 ETFExpense ratio 0.29%1 year return +10.3%
- AEZUiShares MSCI Eurozone ETFExpense ratio 0.50%1 year return +10.5%
- BDAXGlobal X - DAX Germany ETFExpense ratio 0.20%1 year return −0.4%
- BIEViShares Europe ETFExpense ratio 0.60%1 year return +11.2%