Franklin FTSE Asia ex Japan ETF (FLAX)
| Assets | $58.77M |
| Expense Ratio | 0.19% |
| PE Ratio | 16.76 |
| Shares Out | 1.60M |
| Dividend (ttm) | $0.74 |
| Dividend Yield | 1.97% |
| Ex-Dividend Date | Jun 26, 2026 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 33.01% |
| Volume | 6,386 |
| Open | 36.99 |
| Previous Close | 36.74 |
| Day's Range | 36.99 - 37.37 |
| 52-Week Low | 26.99 |
| 52-Week High | 39.20 |
| Beta | 0.71 |
| Holdings | 1627 |
| 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
38.01% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 15.20% |
| Samsung Electronics Co., Ltd. | 005930 | 7.20% |
| SK hynix Inc. | 000660 | 5.15% |
| Tencent Holdings Limited | 0700 | 2.89% |
| Alibaba Group Holding Limited | BABAF | 2.35% |
| MediaTek Inc. | 2454 | 1.60% |
| DBS Group Holdings Ltd | D05 | 1.00% |
| Delta Electronics, Inc. | 2308 | 0.93% |
| Samsung Electronics Co Ltd Participating Preferred | 005935.KQ | 0.88% |
| Hon Hai Precision Industry Co., Ltd. | 2317 | 0.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2026 | $0.19817 | Jul 6, 2026 |
| Dec 19, 2025 | $0.5379 | Dec 29, 2025 |
| 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 |
Performance
FLAX had a total return of 40.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.98%.
News
Japan headline inflation rate hits highest this year as energy prices bite
Core inflation — which strips out prices of fresh food but includes energy — was in line with expectations, coming in at 1.8%.
Japan exports growth accelerates for fifth straight month, beating estimates, on robust chip shipments
Exports growth accelerated for a fifth straight month coming in at 23.2%. Economists polled by Reuters had estimated growth at 19.9%.
Takaichi's fiscal push could lift growth — and Japan's already-rising interest bill
Prime Minister Sanae Takaichi's planned food-tax cut would reduce annual government revenue by an estimated 4.4 trillion yen, just as Japan's borrowing costs and debt-servicing bill are rising. Higher...
Japan Is an Investing Giant for Mom and Pop. It Just Needs to Convince Them.
A shift in Japan's large pool of household financial assets could reshape capital markets, one analyst says.
Bank of Japan Members Signal Push for Regular Rate Increases to Control Inflation
Opinions from the Japanese central bank's recent meeting show a growing sense of worry about inflation and a need to lift interest rates at a steady pace to avoid falling behind the curve.
Why Japan's $70 billion-plus intervention and a rate hike didn't prop up the yen more
Japan spent about $73 billion on foreign exchange intervention and the Bank of Japan has raised rates, but the yen remains near 160 against the dollar. A wide U.S.-Japan rate gap, carry trades and Pri...
Bank of Japan Could Raise Rates Even If Mideast Uncertainty Persists
Japan's central bank could look past Middle East uncertainty and raise interest rates if inflation becomes a bigger threat to the economy than the risk of slowing growth, Gov. Kazuo Ueda said.
BOJ should signal clear rate path after June hike, SMFG markets chief says
The Bank of Japan should lay out a clear path for policy normalisation after a widely expected rate hike this month to stabilise the bond market, Sumitomo Mitsui Financial Group's global markets chie...
Japanese bond yields are the highest in 40 years. The budget and a 'red flag' from PM Takaichi have markets nervous
Japan's government is preparing a supplementary budget of around 3 trillion yen, or about $19 billion, to replenish reserves and fund fuel and utility subsidies amid higher energy costs. Takaichi has ...
Bank of Japan Policymaker Signals That Rate Hike Might Be Approaching
Policy board member Junko Koeda said Japan's underlying inflation is likely already at around 2%.
Goldman Sachs says AI and energy resilience are creating a North-South divide in Asian markets
Investors are focusing on AI developments in North Asia. China is coming out of more than three years of deflation measured by the producer price index.
Two of the best trades for the year are in Japan: Goldman Sachs Asset Management
Alexandra Wilson-Elizondo, global co-head and co-CIO of multi-asset solutions at Goldman Sachs Asset Management, discusses why she is excited about the investment opportunities in Japan and says it's ...
Japan may have fired its yen bazooka twice, but markets are testing Tokyo's resolve
On Wednesday, the yen appreciated sharply, fueling speculation that Tokyo had intervened a second time. Analysts said interest rate gaps continued driving weakness in the yen.
Japan can choose to save either the bond market or currency, but not both: Asset Manager
Nick Ferres, CIO of Vantage Point Asset Management, joins Squawk Box Asia to discuss the impact of the prolonged energy shock on global markets. He notes that the Japan is particularly vulnerable to t...
Japan's top union group seeks 5% wage hike despite US tariffs
Japan's largest labour union group said on Thursday it would seek wage hikes of 5% or more in 2026, aiming for bumper pay raises for the fourth consecutive year to counter inflation despite headwinds ...
Japan to Pick Fifth Leader in 5 Years. The Stock Rally Ignores the Politics.
A big factor for investors is that Japan's stocks are still cheap—and there are positive catalysts ahead.
Japan defends 15% tariffs deal with ‘tough negotiator' Trump
Japan's chief trade negotiator has defended a tariffs deal with the U.S., expressing respect for President Donald Trump and calling him a “tough negotiator.”Trade envoy Ryosei Akazawa noted that the p...
White House: Will honor 15% cap on pharma tariffs as part of trade deals with Japan, EU
CNBC's Eamon Javers reports on the latest news regarding tariffs.
EU, Japan express confidence in capped US tariffs on drugs
The European Union and Japan expressed confidence on Friday that they had secured limits on U.S. tariffs on pharmaceuticals, which President Donald Trump said he would impose next week at a rate of 10...
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...
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.