FLGR
Franklin FTSE Germany ETF
FLGR offers market-cap-based exposure to large- and midcap German equities.
International
EQUITY
Passive
MANAGEMENT STYLE
60.6 M
ASSETS UNDER MGMT
9 bp
EXPENSES
Fund Basics
| Fund sponsor | Franklin Templeton |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Nov 02, 2017 |
| Assets (mns) | $61 |
| Expense ratio | 9 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-annual |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| SAP AG | 16.3 % |
| SIEMENS AG-REG | 10.2 % |
| ALLIANZ SE-REG | 7.8 % |
| DEUTSCHE TELEKOM AG | 6.6 % |
| MUNCHENER RUCKVERSICHERUNGS-GESELLSCHAFT | 4.3 % |
| DAIMLER AG-REGISTERED SHARES | 3.0 % |
| RHEINMETALL AG | 2.8 % |
| BASF SE | 2.8 % |
| DEUTSCHE BOERSE AG | 2.8 % |
| INFINEON TECHNOLOGIES AG | 2.7 % |
Constituent Breakdown
| Number of holdings | 70 |
| Herfindahl-Hirschman Index | 580 |
| Wgt avg mkt cap (mns) | $114,401 |
| Large cap (>$10bn) | 85.0% |
| Mid cap ($2-10bn) | 3.7% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 89.1% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
GERMANY | 88.5 % |
Historical Performance
Standardized Performance (as of 05/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 32.6% | 31.6% | 23.2% | 15.7% | 10.5% | -- | -- | 3.5% |
| Dividend Yield | 0.0% | 3.3% | 3.4% | 3.6% | 3.2% | -- | -- | 2.7% |
| Total Returns | 32.6% | 34.9% | 26.7% | 19.3% | 13.7% | -- | -- | 6.2% | Ann. Volatility | 27.2% | 21.1% | 17.9% | 20.6% | 20.9% | -- | -- | 22.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.04 | 58% |
| MSCI EAFE | 1.18 | 78% |
| MSCI Emg Mkts | 1.01 | 57% |
Liquidity Measures
| Avg. volume (000) | 26 |
| ADV traded (mns) | $1 |
| Turnover | 1.4% |
| Avg. Bid/Ask (% of price) | 0.24% |
Technical Indicators
| Recent close | $32.76 |
| 30d moving avg. | $32.73 |
| Annualized volatility | 23.0% |
| Relative strength (RSI) | 58 |
| Short interest | 3.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| EWG | iShares MSCI Germany ETF | 83.9% | +41 bp | +6.3% |
| DAX | Global X DAX Germany ETF | 79.4% | +12 bp | +6.6% |
| FGM | First Trust Germany AlphaDEX Fund | 37.7% | +71 bp | +8.0% |
| FEZ | SPDR EURO STOXX 50 ETF | 26.2% | +20 bp | +7.1% |
| EZU | iShares MSCI Eurozone ETF | 25.9% | +43 bp | +6.7% |
| DBEZ | Xtrackers MSCI Eurozone Hedged Equity ETF | 24.7% | +36 bp | +6.9% |
| HEDJ | WisdomTree Europe Hedged Equity Fund | 19.5% | +49 bp | +6.7% |
| FEUZ | First Trust Eurozone AlphaDEX ETF | 15.2% | +71 bp | +9.2% |
| IDMO | Invesco S&P International Developed Momentum ETF | 15.0% | +16 bp | +5.4% |
| OEUR | ALPS O'Shares Europe Quality Dividend ETF | 14.9% | +39 bp | +5.8% |
Risk and Returns: vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/16/2025
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
6.8%
Cat. Avg
7.3%
ALTAR Score™ Calculation
Category Overview
There are 258 funds in the International Equity category, with an average ALTAR Score™
of 7.3% and a standard deviation of
1.9%. 's ALTAR Score™ is approximately
0.3 standard deviations
below
the category average. This places in the 39th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FLGRSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Passive International Equity ETFs |
| # of ETFs | 77 |
| Avg. Expense Ratio | 38.8 bp |
| Std. Deviation | 21.2 bp |
| (9 bp) Percentile rank | 7 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| 9.0 | 0.0 | 9 | |
| Peer Avg. | 43.2 | 18.4 | 61.5 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .