Franklin FTSE South Korea ETF (FLKR)
| Assets | $109.80M |
| Expense Ratio | 0.09% |
| PE Ratio | 8.68 |
| Shares Out | 6.10M |
| Dividend (ttm) | $1.53 |
| Dividend Yield | 8.55% |
| Ex-Dividend Date | Jun 21, 2024 |
| Payout Ratio | 73.48% |
| 1-Year Return | -18.13% |
| Volume | 115,665 |
| Open | 17.77 |
| Previous Close | 17.99 |
| Day's Range | 17.77 - 18.04 |
| 52-Week Low | 17.66 |
| 52-Week High | 23.70 |
| Beta | 1.07 |
| Holdings | 161 |
| Inception Date | Nov 2, 2017 |
About FLKR
Fund Home PageThe Franklin FTSE South Korea ETF (FLKR) is an exchange-traded fund that is based on the FTSE South Korea RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap South Korean companies. FLKR was launched on Nov 2, 2017 and is issued by Franklin Templeton.
Top 10 Holdings
45.92% of assets| Name | Symbol | Weight |
|---|---|---|
| Samsung Electronics Co., Ltd. | 005930 | 15.26% |
| SK hynix Inc. | 000660 | 9.70% |
| KB Financial Group Inc. | 105560 | 3.00% |
| Hyundai Motor Company | 005380 | 2.97% |
| NAVER Corporation | 035420 | 2.92% |
| Celltrion, Inc. | 068270 | 2.86% |
| Kia Corporation | 000270 | 2.57% |
| Shinhan Financial Group Co., Ltd. | 055550 | 2.43% |
| Samsung Electronics Co Ltd Participating Preferred | 005935.KQ | 2.20% |
| POSCO Holdings Inc. | 005490 | 2.01% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 21, 2024 | $1.177 | Jun 28, 2024 |
| Dec 15, 2023 | $0.351 | Dec 26, 2023 |
| Jun 16, 2023 | $0.168 | Jun 27, 2023 |
| Dec 29, 2022 | $0.138 | Jan 9, 2023 |
| Dec 16, 2022 | $0.399 | Dec 22, 2022 |
| Jun 17, 2022 | $0.074 | Jun 28, 2022 |
News
South Korea ETFs struggle despite country showing ‘resiliency' after martial law
It's been a head-spinning week for ETF investors monitoring geopolitical risks to stocks in their portfolios.
FLKR: Risk-Reward Profile Not Attractive
Franklin FTSE South Korea ETF has a high exposure to the volatile memory sector, making it susceptible to economic downturns and cyclical fluctuations. The fund's technology sector concentration is ov...
FLKR: A Good Fund For South Korean Exposure
South Korea is a bright spot in East Asia with booming exports and a proactive government encouraging small business startups. The Franklin FTSE South Korea ETF provides broad exposure to the South Ko...
FLKR: Keeping The Faith In Korea's Value Unlocking Story
Korea's ‘value-up' efforts may have suffered an election setback. But there's still plenty of room for this value unlocking story to unfold over time. Ultra-low-cost FLKR remains a great vehicle for e...
Korean Stocks Have a New Driver: The Government
Shares in Hyundai and Kia have accelerated in response to a regulatory clampdown on low valuations.
FLKR: Korea Could Be This Year's Sleeper Hit As 'Value Up' Catalyst Looms
Coming off a challenging few years, Korea could finally be set for a change in fortunes.
South Korea's Exports Rebound In October 2023
South Korea's exports to mainland China have remained weak during 2023, recording a decline of 9.5% y/y in October. According to latest trade data from South Korea's Ministry of Trade, Industry and En...
Korea's Industrial Production Rebounds On Strong Chip Demand
The August IP data showed solid high-end chip demand with both production and related investment rebounding while subdued consumption and investment activity are drags on overall growth. Weak business...
Korean Activity Data Point To A Cloudy Q3
According to recent industrial production, exports, and survey data, domestic demand will slow further, while a mediocre recovery is expected for exports. Government support to boost domestic demand w...
Korea Likely To See Modest Recovery Through Rest Of Year
We believe that Korea's economy bottomed out in the fourth quarter of last year. However, the recovery will be quite shallow going forward, so GDP growth will remain below potential levels. We forecas...
Franklin FTSE South Korea ETF: Flicker Of Hope
The Franklin FTSE South Korea ETF is a smaller, less commonly covered ETF that tracks the performance of mid/large cap stocks in South Korea. South Korea is currently my top pick out of the top five l...
South Korea's Economy Faces Rising Headwinds In 2023
The South Korean economy slowed significantly during the second half of 2022, with GDP contracting by 0.4% quarter-on-quarter (q/q) in the fourth quarter of 2022. South Korea's manufacturing sector re...
The Power Of South Korea's Battery Sector Confirmed
Investor expectations were buoyed at the beginning of the year with the inauguration of pro-business President Yoon Suk-yeol. By 2026, South Korean battery makers will be operating plants in the U.S.,...
South Korea: Corporate Debt Is A Concern For The Economy
As the global economy faces headwinds and liquidity conditions are expected to become tighter, difficulties in corporate bonds and credit markets are expected to increase. The credit market has been s...
A Closer Look At South Korea's Household Debt Problem
Korea's high level of household debt has been regarded as a major risk factor for the economy for some time.
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 South Korea ETFs for Q2 2021
3 South Korea ETFs for Q2 2021 are KORU, FLKR, and EWY.
Top Fund Managers Flock to South Korean Tech Stocks
Investing in international markets is not a new theme. In addition to the lucrative returns associated with this strategy, investors often place importance on the diversification benefits of expanding...
South Korea: A Shining Example Of Emerging Market Leadership
South Korea: A Shining Example Of Emerging Market Leadership