Franklin FTSE Asia ex Japan ETF (FLAX)

NYSEARCA: FLAX · Real-Time Price · USD
28.62
+0.14 (0.48%)
Sep 15, 2025, 1:01 PM EDT - Market open
0.48%
Assets$33.89M
Expense Ratio0.19%
PE Ratio15.80
Shares Out1.20M
Dividend (ttm)$0.51
Dividend Yield1.81%
Ex-Dividend DateJun 20, 2025
Payout FrequencySemi-Annual
Payout Ratio28.56%
Volume1,514
Open28.57
Previous Close28.48
Day's Range28.57 - 28.65
52-Week Low20.43
52-Week High28.65
Beta0.56
Holdings1563
Inception DateFeb 6, 2018

About FLAX

Fund Home Page

The 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.

Asset Class Equity
Category Pacific/Asia ex-Japan Stk
Region Global
Stock Exchange NYSEARCA
Ticker Symbol FLAX
ETF Provider Franklin Templeton
Index Tracked FTSE Asia ex Japan RIC Capped Index

Top 10 Holdings

29.48% of assets
NameSymbolWeight
Taiwan Semiconductor Manufacturing Company Limited233010.51%
Tencent Holdings Limited07005.48%
Alibaba Group Holding LimitedBABAF3.51%
Samsung Electronics Co., Ltd.0059302.64%
HDFC Bank LimitedHDFCBANK1.39%
Xiaomi Corporation18101.36%
SK hynix Inc.0006601.21%
Reliance Industries LimitedRELIANCE1.19%
AIA Group Limited12991.12%
PDD Holdings Inc.PDD1.06%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Jun 20, 2025$0.16511Jun 27, 2025
Dec 20, 2024$0.34967Dec 30, 2024
Jun 21, 2024$0.35994Jun 28, 2024
Dec 15, 2023$0.29106Dec 26, 2023
Jun 16, 2023$0.17863Jun 27, 2023
Dec 16, 2022$0.47524Dec 22, 2022
Full Dividend History

Performance

FLAX had a total return of 28.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.89%.

News

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.

Other symbols: EWJFLJP
6 days ago - Business Insider

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.

Other symbols: EWJFLJP
6 days ago - Reuters

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.

Other symbols: EWJFLJP
9 days ago - New York Post

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...

Other symbols: EWJFLJP
10 days ago - Reuters

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...

Other symbols: EWJFLJP
10 days ago - CNBC

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.

Other symbols: EWJFLJP
10 days ago - CNBC Television

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.

Other symbols: EWJFLJP
10 days ago - CNBC Television

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...

Other symbols: EWJFLJP
18 days ago - Fast Company

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...

6 weeks ago - Seeking Alpha

Asia-Pacific Is Not Just China

While the China macro story of ongoing transition is a headwind to the rest of Asia, there is more to the region's economic health than this.

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

2 years ago - Seeking Alpha

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 ...

2 years ago - Seeking Alpha

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.

Other symbols: EWJFLJPHEWJ
2 years ago - Bloomberg Markets and Finance

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...

3 years ago - Seeking Alpha

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...

3 years ago - Seeking Alpha

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...

4 years ago - Seeking Alpha

ETF Deathwatch For August 2020

ETF Deathwatch For August 2020

Other symbols: CSADBEZFLAUMARBWINC
5 years ago - Seeking Alpha