Franklin FTSE Switzerland ETF (FLSW)
| Assets | $86.63M |
| Expense Ratio | 0.09% |
| PE Ratio | 25.03 |
| Forward PE | 18.13 |
| Shares Out | 2.10M |
| Dividend | $0.99 (2.32%) |
| Ex-Dividend Date | Jun 26, 2026 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 54.29% |
| Volume | n/a |
| Open | n/a |
| Previous Close | 41.82 |
| Day's Range | n/a |
| 52-Week Low | 37.94 |
| 52-Week High | 45.33 |
| Beta | 0.74 |
| Holdings | 56 |
| Inception Date | Feb 6, 2018 |
About FLSW
Fund Home PageThe Franklin FTSE Switzerland ETF (FLSW) is an exchange-traded fund that is based on the FTSE Switzerland RIC Capped index, a market-cap-weighted index of Swiss equities, excluding small-caps. FLSW was launched on Feb 6, 2018 and is issued by Franklin Templeton.
Top 10 Holdings
66.30% of assets| Name | Symbol | Weight |
|---|---|---|
| Roche Holding AG | ROP | 15.01% |
| Novartis AG | NOVN | 13.17% |
| Nestlé S.A. | NESN | 11.69% |
| UBS Group AG | UBSG | 7.04% |
| ABB Ltd | ABBN | 4.32% |
| Compagnie Financière Richemont SA | CFR | 3.69% |
| Zurich Insurance Group AG | ZURN | 3.59% |
| Lonza Group AG | LONN | 2.78% |
| Swiss Re AG | SREN | 2.78% |
| Holcim AG | HOLN | 2.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2026 | $0.93985 | Jul 6, 2026 |
| Dec 19, 2025 | $0.05137 | Dec 29, 2025 |
| Jun 20, 2025 | $0.827 | Jun 27, 2025 |
| Dec 20, 2024 | $0.01175 | Dec 30, 2024 |
| Jun 21, 2024 | $0.63868 | Jun 28, 2024 |
| Dec 15, 2023 | $0.04676 | Dec 26, 2023 |
Performance
FLSW had a total return of 11.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.41%.
News
Swiss Inflation Rises to Two-Year High on Energy Costs
Annual inflation was 1.0% in September, compared with 0.8% in the prior month, reaching its highest point since August 2024.
Swiss Franc Slides on Prospect of Rate Rises Outside of Switzerland
The Swiss franc fell to a 16-month low against the dollar on Tuesday as the Swiss National Bank's cautious stance on raising interest rates diverges from its peers.
Switzerland keeps interest rates at 0% — but markets are betting it can't avoid the global hiking cycle much longer
The Swiss National Bank kept its key rate at 0%, with inflation at 0.8% in August and still within its 0%-2% objective. Traders see roughly even odds of a December hike and more than a 90% chance that...
Swiss Inflation Jumps on Higher Energy Prices
Swiss inflation jumped in August, reversing several months of cooling price growth as renewed tensions in the Middle East pushed global energy costs higher.
Switzerland Rejects Forced Labor Accusations After U.S. Imposes New Tariffs
Switzerland refuted U.S. allegations over forced labor after the Trump administration imposed a new 12.5% tariff on imports of Swiss goods.
Swiss firms invest $27 billion in US after tariff deal, NZZ am Sonntag reports
Swiss companies invested $27 billion in the United States between January and April, as Switzerland moves to fulfil a pledge to sharply increase investment following a tariff agreement with Washingt...
Swiss Inflation Holds Steady Ahead of SNB Meeting
Swiss inflation was unchanged in May, reinforcing the view that the Swiss National Bank is unlikely to raise interest rates later this month.
Swiss Economy Expands Again
GDP expanded 0.5% in the first quarter, but the war in Iran threatens to derail Switzerland's recovery in the coming months.
Swiss Inflation Climbs to Highest Since 2024 as Energy Prices Surge
Consumer prices were up 0.6% on year, higher than the 0.3% inflation rate in March, as the Iran war sent imported energy costs climbing.
Trump: I hiked Swiss tariffs because their president was rude to me
Is it a national-security matter if a foreign leader speaks in a way the president doesn't like?
US tariffs on Swiss goods cut to 15% in deal struck with Trump administration
In exchange, Swiss officials committed to series of quotas for imports from the US on a duty-free basis
US-Switzerland trade deal: tariffs slashed to 15%, boosting pharma and watches
After months of punishing trade tensions, the US and Switzerland announced a breakthrough deal on Friday that will slash tariffs to 15% from the brutal 39% rate imposed in August. The agreement marks ...
U.S. And Switzerland Reach Trade Agreement—Lowering Tariffs To 15%
The U.S. and Switzerland have reached a trade agreement that will lower tariffs on Swiss goods to 15%, American and Swiss officials announced on Friday, after President Donald Trump's levies disrupted...
U.S. and Switzerland reach trade deal to lower tariffs to 15%
Switzerland has been subject to one of the highest tariff rates levied on an individual country by the Trump administration.
U.S. and Switzerland working on a deal to slash 39% tariffs
The 39% duty was met with dismay, with business leaders saying it was damaging business. Switzerland's key exports include watches, jewelry, machinery, chocolate, and pharmaceutical products.
Breitling CEO: U.S. tariffs 'terrible news' for Switzerland
Georges Kern, CEO of Swiss luxury watchmaker, Breitling discusses the impact of U.S. tariff rate of 39%, and explains how consumer sentiment is being affected by political instability across Europe.
Swatch sells watch lampooning Trump's 39% tariffs on Switzerland
Swiss watchmaker Swatch has begun selling a special edition watch with the numbers three and nine reversed on its face in a play on the 39% tariffs President Donald Trump imposed on U.S. imports from ...
Swiss Businesses Fear Being ‘Annihilated' by One of the World's Highest Tariffs
Goods shipped from the country face a 39% tariff in the U.S., which companies warn will have dire consequences if President Trump cannot be quickly dissuaded.
Swiss President to Leave DC Without Deal to Lower Tariffs
Switzerland's president is about to leave Washington without reaching a deal to get President Donald Trump to lower the 39% tariff he put on the country. A delegation led by Karin Keller-Sutter presen...
Switzerland is in a uniquely difficult position when it comes to tariffs. Here's why
Switzerland is facing 39% tariffs on goods imported to the U.S. from Aug. 7. The looming duties have caused concerns about the Swiss economy, industry and interest rate outlook.