Franklin FTSE Europe ETF (FLEE)
| Assets | $119.47M |
| Expense Ratio | 0.09% |
| PE Ratio | 16.08 |
| Shares Out | 3.40M |
| Dividend (ttm) | $0.94 |
| Dividend Yield | 2.66% |
| Ex-Dividend Date | Jun 20, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 42.63% |
| Volume | 1,901 |
| Open | 35.34 |
| Previous Close | 35.27 |
| Day's Range | 35.19 - 35.34 |
| 52-Week Low | 27.36 |
| 52-Week High | 35.56 |
| Beta | 0.90 |
| Holdings | 519 |
| Inception Date | Nov 2, 2017 |
About FLEE
Fund Home PageThe Franklin FTSE Europe ETF (FLEE) is an exchange-traded fund that is based on the FTSE Developed Europe RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed European countries. FLEE was launched on Nov 2, 2017 and is issued by Franklin Templeton.
Top 10 Holdings
19.09% of assets| Name | Symbol | Weight |
|---|---|---|
| ASML Holding N.V. | ASML | 3.10% |
| SAP SE | SAP | 2.14% |
| Nestlé S.A. | NESN | 2.01% |
| AstraZeneca PLC | AZN | 1.89% |
| Roche Holding AG | ROG | 1.87% |
| Novartis AG | NOVN | 1.84% |
| HSBC Holdings plc | HSBA | 1.70% |
| Shell plc | SHEL | 1.60% |
| Siemens Aktiengesellschaft | SIE | 1.56% |
| LVMH Moët Hennessy - Louis Vuitton, Société Européenne | MC | 1.37% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.65434 | Jun 27, 2025 |
| Dec 20, 2024 | $0.28225 | Dec 30, 2024 |
| Jun 21, 2024 | $0.80674 | Jun 28, 2024 |
| Dec 15, 2023 | $0.18787 | Dec 26, 2023 |
| Jun 16, 2023 | $0.53817 | Jun 27, 2023 |
| Dec 16, 2022 | $0.32352 | Dec 22, 2022 |
Performance
FLEE had a total return of 21.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.62%.
News
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French Political Storm: What It Means For Bonds And The Euro
French bond yields have risen significantly against German bunds and are likely to stay elevated or potentially move higher. The European Central Bank still appears to be a reliable backstop against e...
FLEE: Not A Bad Bet, If You Can Overlook Liquidity Challenges
The Franklin FTSE Europe ETF has delivered double-digit returns in early 2025, outperforming global markets which are down by mid-single-digits. We compare FLEE to the largest Europe-focused ETF - VGK...
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After Brexit Came Regrexit - What's Next?
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Eurozone Sentiment Points To Further Inflation Easing In The Short Run
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Rates Spark: ECB Presser Bear-Flattened The Curve
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Draghi's €800bn Call To Action: Instilling The Urgency That Europe Needs
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Eurozone Inflation Drops To 2.2% In August
The drop in eurozone inflation from 2.6 to 2.2% was mainly because of energy inflation but does confirm the view that the inflation environment is slowly getting more benign. The ECB has arrived on a ...
Eurozone PMI Picks Up In August Amid Olympics Boost
The composite PMI increased from 50.2 to 51.2 from July to August, mainly due to a jump in French services activity. Meanwhile, eurozone manufacturing continues to be a big disappointment.
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France Elections: Far-Right Rejected In Second Round, But So Is Macronism
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Inflation Slows Further As Economic Growth Wanes: Our Key Takeaways From The Eurozone Flash PMI
The deteriorating eurozone growth trend was led by France, which saw output fall for a second consecutive month and at the fastest rate for five months. Fueling the manufacturing downturn was a steepe...
How French Politics Could Affect European Asset Markets In June
French bond markets are selling off for a second day as investors adjust positions ahead of the unexpected French parliamentary elections later this month. We take a look at how European bond, FX and ...
Cautious Monetary Easing In The Eurozone Has Started
The eurozone economy continues to recover, but there are no reasons to expect a significant acceleration in growth. With some pockets of inflationary pressures still hanging around, the ECB's rate-cut...
ECB Preview: 'One Is None' Or 'One And Done'?
We expect a slight upward revision of growth and inflation for this year, but no changes to the profile and the timing of inflation dropping below 2%. The ECB's forecasts of inflation dropping below 2...
Stronger Growth And Lower Inflation: Our Key Takeaways From The Eurozone Flash PMI
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Why The European Central Bank Is Embracing The Idea Of Rate Cuts
Declining inflation and slower growth have contributed to the rising potential for rate cuts in Europe. Eurozone core inflation has been coming down more quickly than similar measures in the U.S. and ...
Eurozone PMI Signals A Pickup In Growth
The PMI increased from 50.3 to 51.4 in April, suggesting that the eurozone economy is finally leaving stagnation and returning to growth at the start of the second quarter. Inflationary pressures rema...
A Falling Euro Is Not The ECB's Biggest Headache
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Eurozone Flash PMI Shows Economy Close To Stabilising In March, Price Pressures Ease
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The Eurozone Economy Is Bottoming Out
The eurozone escaped a technical recession, and a number of indicators suggest the economy is now bottoming out. The ECB is expected to cut rates from June onwards, but more cautiously than the market...
Eurozone Headline Inflation Falls, But 'Core' Disappoints
The flash estimate shows a decline in eurozone HICP inflation from 2.9% to 2.8% in January, with core inflation declining to 3.3% from 3.4% in December. However, it's too soon to declare victory in th...
ECB In Little Rush To Cut Rates
The European Central Bank left interest rates unchanged, without conveying any urgency to start cutting rates in the next few months. It seems most likely that June or July would be the preferred time...
Eurozone Prices Rise At Increased Rate At Start Of 2024 As Downturn Moderates
Business activity in the euro area fell at the slowest rate for six months in January, according to provisional PMI survey data. The PMI in fact suggests that the Eurozone is enduring its deepest cont...
Europe: Big Changes Coming, Good Time To Diversify One's Portfolio
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ECB Preview: Resisting The Pushback
The first question for next week's European Central Bank meeting is how the Bank will react to current market pricing. The second, however, is why should the ECB react to current market pricing.
December ECB Meeting: A More Hawkish Stance Than The Fed
The European Central Bank (ECB) kept its key policy rates on hold today for the second consecutive meeting. The interest rate on the main refinancing operations, the marginal lending facility, and the...
December's ECB Cheat Sheet: A Reality Check For Ultra-Dovish Expectations
The ECB will almost surely keep rates on hold at the December meeting. The question is to what extent it will align with the market's aggressive pricing for rate cuts in 2024.
2024 Set To Be The Year That The ECB Hike Cycle Is Felt
The ECB hike cycle seems over, but the shockwaves of tightening will still shape the eurozone economy in 2024. Traditional lags in transmission are now accompanied by longer ones in average interest b...
ECB Preview: The Long Dovish Shift
Next week's challenge for the European Central Bank is how to keep all options open without sounding too dovish but also not too detached from reality. The weak macro economic backdrop no longer justi...
Eurozone Wage Growth Is Set To Peak Soon
Slowing inflation, a cooling labour market, and lower expected corporate revenues make a peak in wage growth before the middle of next year likely. While the European Central Bank waits for clarity, t...
Europe's Wage Rises Are Aiding Recovery But Economies Face Risks
Rising wages and higher incomes are boosting Europe's economic recovery, but policymakers may face challenges due to population aging and shrinking workforce. Demographics and shorter working weeks me...
The Eurozone Is Flirting With Recession
Eurozone growth turned negative in the third quarter and the next two quarters don't look very promising either. With inflation declining, the case for an additional rate hike is disappearing.
Eurozone Economy Braces Itself For Prolonged Sluggishness
Businesses report a slight tick-up in selling price expectations, but hard data still looks benign. Decline in the Economic Sentiment Indicator in October came as no surprise after the PMI had already...
ECB: A Dovish Pause Now, A Peak Soon
The European Central Bank increasingly seems to embrace the idea that the peak in policy rates has already been reached. After 10 consecutive hikes, the ECB's decision to leave policy rates unchanged ...
Rising Recession Risks As Eurozone Flash PMI Falls In October, Price Pressures Ease Further
With the exception of a brief period of growth during the opening quarter of 2023, euro area manufacturing output has decreased continuously since the middle of 2022. The downturn in new orders and th...
ECB Preview: The Best Moment To Pause
If anything, developments since the September meeting have made it even easier for the European Central Bank to pause at its next meeting. As much as the ECB has tried to keep the door to further rate...
Europe Must Succeed In Restoring Price Stability
Tighter monetary policy is starting to work. Alternatives would be more costly. So far, so good. These words are probably a fair assessment of Europe's progress thus far in its struggle against inflat...
Eurozone Flash PMI Fuels Further Downturn Worries As Demand Weakness Intensifies
Eurozone business activity remained in contraction at the end of the third quarter of the year, as an increased rate of loss of orders led to a further decline in activity. The overall reduction in ou...
ECB Announces Final Rate Hike
The ECB just announced its tenth consecutive policy rate hike since July last year, hiking all interest rates by 25bp. Higher inflation and inflation forecasts look like the main drivers of the hike.
Eurozone Inflation Stagnates Ahead Of ECB September Meeting
Inflation in the eurozone did not fall in August, which could tip the ECB in favour of a final 25bp hike at the governing council meeting in two weeks' time. Still, overall inflation dynamics remain r...
Eurozone Downturn Deepens According To Flash PMI But Inflation Pressures Tick Higher
Eurozone business activity contracted at an accelerating pace in August, according to the latest flash PMI survey data. The overall rate of input cost inflation and selling prices remained indicative ...