FLGB vs FLTW

FLGBAFranklin FTSE United Kingdom ETF

FLTWBFranklin FTSE Taiwan ETF

In short

FLGB Britain in one ticker for nine basis points. Franklin's UK tracker follows a capped FTSE index of roughly 110 British companies and charges a small fraction of what the typical index fund in its peer group costs.

FLTW Taiwan in one ticker, priced like a core index fund. FLTW passively tracks a capped FTSE index of roughly 60 Taiwanese stocks for 0.19% a year, well under half the typical fee among index-tracking ETFs.

Stated mandate

FLGB The fund seeks to track, before fees and expenses, the performance of the FTSE UK RIC Capped Index.

FLTW The Fund seeks investment results that, before fees and expenses, closely track the FTSE Taiwan RIC Capped Index.

Why people hold it

• FLGB 0.09% a year, a fraction of the median fee across the index trackers we grade. Cheap is the whole pitch for single-country beta, and this one delivers it.
• One trade, roughly 110 UK companies. A passive, rules-based mandate tied to the FTSE UK RIC Capped Index, running since its 2017 launch.
• Stands in the top quartile of its plain-index-wrapper peer group, and the mandate data behind that read is high confidence.

• FLTW 0.19% a year, against a 0.45% median for index-tracking peers. Single-country exposure usually costs more than this.
• A billion-dollar-plus fund that trades actively, so getting in and out is rarely the hard part.
• Rules-based and capped: the FTSE Taiwan RIC Capped Index limits how heavy any single name can get, in a market where one chipmaker looms large.
• Live since 2017 and one of the stronger builds among the index trackers we grade.

Worth knowing

• FLGB Single-country by design: UK listings only, so there is no cushion from other markets inside the fund. Broad global trackers like VT spread that bet differently.
• Moderately traded rather than a volume monster, so limit orders are the sane way in and out.
• Distributions arrive once or twice a year, not monthly. Income lands in lumps.

• FLTW Roughly 60 stocks in one country. Taiwan-specific news moves the whole fund, with no other market to cushion it.
• Holdings trade in New Taiwan dollars, so the currency swing rides along with the stocks in your US-dollar return.
• Distributions land once or twice a year, not monthly.

Full FLGB profile⁠

Full FLTW profile⁠