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FLGR

GradeBNew York Stock Exchange Arca

Franklin FTSE Germany ETF

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

$32.45−0.76 (−2.30%)

As of Sep 23, 2026, 2:11 PM EDT

Intraday session: down, 17 prints from 33.22 to 32.45. Range 32.45 to 32.80. Use the arrow keys to read each point.$32.50$32.60$32.70$32.8010 AM12 PM2 PM4 PM
Expense ratio
0.09%
Fund size
$38M
1Y return
+5.6%
Yield · Last 12 months
3.33%
Holdings
82
Volume · 30D
0M sh
NAV per share
$33.22
52W range
low $29.96high $35.18

The ETF.net FLGR Grade

B

66/ 100

Rank 8 of 38 in Developed Single Country⁠

Confidence High

Six-pillar profile for FLGR. Scores out of 100: Cost 93, Risk 42, Mission 86, Tradability 23, Holdings 52, Durability 34. Strongest: Cost (93). Weakest: Tradability (23). Leans toward Cost.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 66 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.
    AScore 93
    Category rank4/38 · top 11%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 86
    Category rank3/35 · top 9%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 42
    Category rank23/37 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 23
    Category rank33/38 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 52
    Category rank19/36 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 34
    Category rank33/38 · bottom quartile

Graded as of Sep 22, 2026

Our read on FLGR

ETF.net Research

BGermany's stock market for nine basis points. Franklin built FLGR as a low-cost wrapper on roughly 80 German large and mid caps, priced well under what most single-country funds charge.

Stated mandate

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the FTSE Germany Capped Index. It normally invests at least 80% of assets in the index's component securities or related depositary receipts.

Why people hold it

  1. 01A 0.09% expense ratio, a fraction of the typical single-country fee. Cost is the one input you control, and this one is set low by design.
  2. 02Plain index plumbing: at least 80% of assets in FTSE Germany Capped Index components, tracked closely rather than second-guessed.
  3. 03Part of Franklin's 0.09% single-country lineup alongside FLKR and FLAU, and it sits in the upper half of its peer group.
  4. 04Trading since 2017, so there is a real record to look at rather than a launch-week backtest.

Worth knowing

  1. 01Thinly traded and on the smaller side. Limit orders and a look at the spread matter more here than with a headline-name fund.
  2. 02One country, about 80 stocks. Germany's economy is the whole ballgame, with no other market to cushion a rough stretch.
  3. 03Cash comes back once or twice a year, not quarterly, so the payout rhythm is lumpier than many income-focused funds.

FLGR Holdings

As of Sep 22, 2026, 9:36 PM
Asset class
Stocks
Holdings
82
Top-10 weight
63%
Largest holding
SIE.DE11.6%

Sectors

  • Industrials28.6%
  • Financials23.6%
  • Technology15.5%
  • Consumer Discr.7.4%
  • Health Care6.5%
  • Communication6.1%
  • Materials5.4%
  • Utilities4.5%
  • Cons. Staples1.5%
  • Real Estate1.1%

Geography

  • Germany99.49%
  • Netherlands0.44%
  • Luxembourg0.07%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SIE.DESIEMENS AG-REG11.57%14,076$4M152
002SAP.DESAP SE10.43%18,975$4M163
003ALV.DEALLIANZ SE-REG9.89%7,392$4M158
004ENR.DESIEMENS ENERGY AG6.35%14,766$2M165
005DTE.DEDEUTSCHE TELEKOM AG-REG5.51%67,229$2M151
006MUV2.DEMUENCHENER RUECKVER AG-RE4.54%2,967$2M143
007IFX.DEINFINEON TECHNOLOGIES AG4.50%25,691$2M170
008DBK.DEDEUTSCHE BANK AG-REGISTER3.85%38,548$1M117
009DHL.DEDHL AG3.08%17,871$1M144
010DB1.DEDEUTSCHE BOERSE AG2.96%3,519$1M140
011BAYN.DEBAYER AG-REG2.81%19,067$1M133
012RHM.DERHEINMETALL AG2.70%888$1M125
013BAS.DEBASF SE2.65%17,158$1M112
014RWE.DERWE AG2.50%13,869$953K131
015EOAN.DEE.ON SE2.25%43,010$857K134

Showing 1–15 of 65 holdings

FLGR Performance

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

FLGR$10,559
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. FLGR $10,559. SPY $11,723. Use the arrow keys to read each point.$9,102$10,530$11,959Sep 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 FLGR. Periods over one year show the average yearly return.
PeriodFLGR
Year to date+2.2%
1 month−3.5%
3 months+2.4%
1 year+5.6%
3 years+19.7%per year
5 years+7.8%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 FLGR
YearReturn barFLGR
2026 YTD+2.2%
2025+36.6%
2024+10.6%
2023+24.2%
2022−22.0%
2021+5.4%
2020+12.2%

FLGR in the news

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

FLGR 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.
3.33%Last 12 months
Payout per share
$1.11Last 12 months
Last payment
$1.00 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2018–2026

One bar per payment. 14 payments from 2018 to 2026 YTD. Jun 20, 2018 $0.60; Jun 11, 2019 $0.48; Dec 11, 2019 $0.09; Jun 11, 2020 $0.24; Dec 14, 2020 $0.41; Jun 10, 2021 $0.43; Dec 13, 2021 $0.25; Jun 17, 2022 $0.59; Dec 16, 2022 $0.08; Jun 16, 2023 $0.69; Jun 21, 2024 $0.60; Jun 20, 2025 $0.47; Dec 19, 2025 $0.11; Jun 26, 2026 $1.00. Use the arrow keys to read each point.201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 26, 2026Jul 6, 2026$1.00
Dec 19, 2025Dec 29, 2025$0.11
Jun 20, 2025Jun 27, 2025$0.47
Jun 21, 2024Jun 28, 2024$0.60
Jun 16, 2023Jun 27, 2023$0.69
Dec 16, 2022Dec 22, 2022$0.08
Jun 17, 2022Jun 28, 2022$0.59
Dec 13, 2021Dec 21, 2021$0.25
Jun 10, 2021Jun 18, 2021$0.43
Dec 14, 2020Dec 23, 2020$0.41
Jun 11, 2020Jun 22, 2020$0.24
Dec 11, 2019Dec 19, 2019$0.09

FLGR Risk

How much the fund’s monthly returns vary, scaled to a year.
16.0%
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.
0.91
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.
−41.8%
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.
1.07
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.

FLGR Cost

Expense ratio0.09%
  • The middle half of Developed Single Country funds
  • Median 0.50%

No Developed Single Country fund charges less.

FLGR costs $9.00 a year on $10,000. The median Developed Single Country fund costs $50.00.