Franklin FTSE Asia ex Japan ETF (FLAX)
| Assets | $34.31M |
| Expense Ratio | 0.19% |
| PE Ratio | 15.80 |
| Shares Out | 1.20M |
| Dividend (ttm) | $0.51 |
| Dividend Yield | 1.77% |
| Ex-Dividend Date | Jun 20, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 28.56% |
| Volume | 4,185 |
| Open | 29.03 |
| Previous Close | 28.86 |
| Day's Range | 29.02 - 29.14 |
| 52-Week Low | 20.43 |
| 52-Week High | 29.14 |
| Beta | 0.56 |
| Holdings | 1563 |
| Inception Date | Feb 6, 2018 |
About FLAX
Fund Home PageThe Franklin FTSE Asia ex Japan ETF (FLAX) is an exchange-traded fund that is based on the FTSE Asia ex Japan RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap stocks from developed and emerging Asian countries, excluding Japan. FLAX was launched on Feb 6, 2018 and is issued by Franklin Templeton.
Top 10 Holdings
29.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 10.51% |
| Tencent Holdings Limited | 0700 | 5.48% |
| Alibaba Group Holding Limited | BABAF | 3.51% |
| Samsung Electronics Co., Ltd. | 005930 | 2.64% |
| HDFC Bank Limited | HDFCBANK | 1.39% |
| Xiaomi Corporation | 1810 | 1.36% |
| SK hynix Inc. | 000660 | 1.21% |
| Reliance Industries Limited | RELIANCE | 1.19% |
| AIA Group Limited | 1299 | 1.12% |
| PDD Holdings Inc. | PDD | 1.06% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.16511 | Jun 27, 2025 |
| Dec 20, 2024 | $0.34967 | Dec 30, 2024 |
| Jun 21, 2024 | $0.35994 | Jun 28, 2024 |
| Dec 15, 2023 | $0.29106 | Dec 26, 2023 |
| Jun 16, 2023 | $0.17863 | Jun 27, 2023 |
| Dec 16, 2022 | $0.47524 | Dec 22, 2022 |
Performance
FLAX had a total return of 29.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.06%.
News
Trump tariffs cause Japan's exports to the U.S. to plummet for the 5th month in a row
Japan's exports to the United States plummeted 13.8% in August compared to the same month the previous year, marking the fifth straight month of declines, as auto exports were hit by President Donald ...
Japan's Exports Fall for Fourth Straight Month Under Weight of Tariffs
Japan's exports fell 0.1% in August, declining for a fourth consecutive month as higher U.S. tariffs crimped outbound trade.
Japan's exports down in August as automakers grapple with US tariffs
Japan's exports fell for a fourth straight month in August, government data showed on Wednesday, as elevated U.S. tariffs took a deeper toll on the country's automotive and other manufacturing sectors...
Japanese Stocks Are Breaking Out. Own Them.
Something has changed to bring in more buyers. The country's economy is solid and rates are reasonable.
Japan's tariff negotiator says the US's reciprocal tariffs will be lowered by next week
Japan's tariff negotiator said the US would revise tariffs on Japanese goods by September 16. In an X post, he said there would be a reduction in Japanese automobile tariffs.
US tariffs on Japanese goods to be cut by Sept 16, Japan's Akazawa says on X
U.S. tariffs on Japanese goods including cars and auto parts are set to be lowered by September 16, Japan's tariff negotiator Ryosei Akazawa said in an X post on Tuesday.
Trump slashes tariffs on Japanese cars after striking trade deal with Tokyo
“This is a massive agreement — a great deal for everybody,” Trump boasted when the pact was first announced.
US tariffs still spell big pain for Japan's small automakers
President Donald Trump gave Japanese automakers some relief by cutting his high U.S. tariffs on their vehicles, but the reduced levies still mean big pain for Japan's smaller car companies, which will...
Trump finalizes Japan trade deal with 15% tariffs as Ishiba faces discontent from within party
Tokyo agreed to invest $550 billion in projects selected by the U.S. government, and ramping up purchases of American agricultural products. Washington will apply a baseline 15% tariff on nearly all J...
Trump signs executive order implementing baseline 15% tariff on nearly all Japanese imports
CNBC's Megan Cassella reports on an executive order President Trump signed on Thursday that implements a baseline 15% tariff on nearly all imports from Japan.
Pres. Trump signs executive order implementing baseline 15% tariff on nearly all Japanese imports
CNBC's Megan Cassella with the latest on tariffs out of Washington.
Japan abruptly postpones trade talks with Trump administration. Here's why
Japan's top trade negotiator abruptly canceled a trip to Washington aimed at issuing a joint statement on a tariffs deal with the Trump administration, as a top government spokesman urged the U.S. sid...
APAC Equities: The Sensitivity To Oil Prices
Among APAC equity markets, Australia has a higher beta to oil prices while India, Indonesia and Thailand have lower betas. Domestic political uncertainties have been one main reason for the decoupling...
ASEAN Economic Outlook In 2024
The total nominal GDP of the ten ASEAN nations measured in US dollar terms amounted to USD 3.6 trillion in 2022, more than doubling compared with total GDP of USD 1.6 trillion in 2009. Singapore's GDP...
Asia Continues To Fuel Global Growth, But Economic Momentum Is Slowing
The region is likely to see faster disinflation, but prospects for growth in coming years are dimming. Strong consumer spending has supported growth in Asia's three largest economies this year, but th...
The Dividend Awakens: A New Hope For Stable Returns In Equity Markets
Changing economic conditions have led to a resurgence of interest in dividend-paying stocks as investors seek ways to defend their equity portfolios amid heightened market volatility. assive dividend ...
Japan's Stock Market 'Very Attractive,' Petterstone Says
Chris Weston, head of research at Pepperstone Group, shares his views on Japan's stock market. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia.
Asian Exports Are Softening
Non-China Asian exports are still growing, but the pace of increase has slowed and will slow still further as key export destinations struggle with inflation, energy security, and rising recession ris...
Asia's Economies Face Weakening Growth, Rising Inflation Pressures
A multifaced response, including increasing interest rates, is needed to prevent an upward spiral of price expectations and rising capital outflows. China, Asia's largest economy, saw a significant de...
ASEAN Manufacturing Rebounds In October, RCEP Ratification Boosts Longer-Term Economic Outlook
The ASEAN region has shown a strong rebound in manufacturing output during October. As a result of the severe negative impact of the COVID-19 pandemic and widespread lockdowns and travel bans, many AS...
