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Trending ETFs

Name

As of 05/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$18.11

$9.85 M

6.87%

$1.24

0.09%

Vitals

YTD Return

-0.5%

1 yr return

-1.3%

3 Yr Avg Return

-12.0%

5 Yr Avg Return

-3.4%

Net Assets

$9.85 M

Holdings in Top 10

59.3%

52 WEEK LOW AND HIGH

$18.1
$15.50
$20.97

Expenses

OPERATING FEES

Expense Ratio 0.09%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 9.91%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$18.11

$9.85 M

6.87%

$1.24

0.09%

FLHK - Profile

Distributions

  • YTD Total Return -0.5%
  • 3 Yr Annualized Total Return -12.0%
  • 5 Yr Annualized Total Return -3.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.79%
DIVIDENDS
  • Dividend Yield 6.9%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Franklin FTSE Hong Kong ETF
  • Fund Family Name
    Franklin Templeton Group of Funds
  • Inception Date
    Nov 06, 2017
  • Shares Outstanding
    750000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Dina Ting

Fund Description

Under normal market conditions, the Fund invests at least 80% of its assets in the component securities of the FTSE Hong Kong Capped Index and in depositary receipts representing such securities. The FTSE Hong Kong Capped Index is a free float-adjusted market capitalization weighted index maintained and calculated by FTSE Russell with a capping methodology applied quarterly to issuer weights so that no single issuer of a component exceeds 25% of the FTSE Hong Kong Capped Index weight, and all issuers with weights above 5% do not cumulatively exceed 50% of the FTSE Hong Kong Capped Index’s weight. The FTSE Hong Kong Capped Index is based on the FTSE Hong Kong Index and is designed to measure the performance of Hong Kong large- and mid-capitalization stocks. FTSE Russell determines eligible securities for the FTSE Hong Kong Capped Index based on measures such as the company’s place of incorporation, listing country, investor protection regulations present in the country of incorporation, tax domicile, location of headquarters/factors of production and currency of denomination. As of May 31, 2023, the FTSE Hong Kong Capped Index was comprised of 79 securities with capitalizations ranging from $556 million to $112.70 billion.

The Fund, using a “passive” or indexing investment approach, seeks investment results that closely correspond, before fees and expenses, to the performance of the FTSE Hong Kong Capped Index. The Fund may use either a replication strategy or representative sampling strategy. Under a replication strategy, the Fund will replicate the component securities of the FTSE Hong Kong Capped Index as closely as possible (i.e., invest in all of the component securities in their respective weightings in the FTSE Hong Kong Capped Index). However, under various circumstances, it may not be possible or practicable to replicate the FTSE Hong Kong Capped Index. In these circumstances, the Fund may use a “representative sampling” strategy whereby the Fund would invest in what it believes to be a representative sample of the component securities of the FTSE Hong Kong Capped Index, but may not track the FTSE Hong Kong Capped Index with the same degree of accuracy as would an investment vehicle replicating the entire FTSE Hong Kong Capped Index. Under the representative sampling technique, the investment manager will select securities that collectively have an investment profile similar to that of the FTSE Hong Kong Capped Index, including securities that resemble those included in the FTSE Hong Kong Capped Index in terms of risk factors, performance attributes and other characteristics, such as market capitalization and industry weightings.

The Fund may invest in equity futures (including equity index futures) and equity total return swaps to provide additional opportunities to add value and better track the performance of the Fund’s Underlying Index, such as to equitize cash and accrued income, simulate investments in the Underlying Index, facilitate trading or minimize transaction costs.

The Fund may enter into foreign currency forward contracts and/or currency futures contracts to provide the Fund with additional opportunities to add value and better track the performance of the Fund’s Underlying Index, such as by facilitating local securities settlements or protecting against currency exposure in connection with distributions to Fund shareholders.

The Fund is a "non-diversified" fund, which means it generally invests a greater proportion of its assets in the securities of one or more issuers and invests overall in a smaller number of issuers than a diversified fund.

The Fund will concentrate its investments (i.e., hold 25% or more of its net assets) in a particular industry or group of industries to approximately the same extent that the FTSE Hong Kong Capped Index is concentrated. As of May 31, 2023, the FTSE Hong Kong Capped Index was concentrated in the financials sector.

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FLHK - Performance

Return Ranking - Trailing

Period FLHK Return Category Return Low Category Return High Rank in Category (%)
YTD -0.5% -18.4% 16.6% 76.53%
1 Yr -1.3% -27.0% 24.1% 40.82%
3 Yr -12.0%* -28.1% 4.8% 12.36%
5 Yr -3.4%* -13.6% 17.9% 71.62%
10 Yr N/A* -4.6% 9.4% 60.71%

* Annualized

Return Ranking - Calendar

Period FLHK Return Category Return Low Category Return High Rank in Category (%)
2023 -15.1% -26.6% 26.3% 42.86%
2022 -12.8% -41.6% -9.4% 2.20%
2021 -5.8% -52.5% 26.5% 26.14%
2020 3.2% 1.3% 138.5% 97.37%
2019 8.9% -1.9% 42.6% 90.54%

Total Return Ranking - Trailing

Period FLHK Return Category Return Low Category Return High Rank in Category (%)
YTD -0.5% -18.4% 16.6% 76.53%
1 Yr -1.3% -27.0% 24.1% 40.82%
3 Yr -12.0%* -28.1% 4.8% 12.36%
5 Yr -3.4%* -13.6% 17.9% 71.62%
10 Yr N/A* -4.6% 9.4% N/A

* Annualized

Total Return Ranking - Calendar

Period FLHK Return Category Return Low Category Return High Rank in Category (%)
2023 -10.6% -25.7% 30.1% 20.41%
2022 -9.4% -40.4% -6.8% 2.20%
2021 -3.3% -48.9% 29.5% 32.95%
2020 6.7% 2.0% 138.5% 97.37%
2019 12.2% 7.8% 44.4% 95.95%

FLHK - Holdings

Concentration Analysis

FLHK Category Low Category High FLHK % Rank
Net Assets 9.85 M 928 K 5.43 B 82.65%
Number of Holdings 78 27 1185 19.39%
Net Assets in Top 10 6.44 M 508 K 3.2 B 73.47%
Weighting of Top 10 59.25% 5.0% 81.8% 17.35%

Top 10 Holdings

  1. AIA Group Ltd 19.75%
  2. Hong Kong Exchanges Clearing Ltd 11.55%
  3. Techtronic Industries Co Ltd 4.14%
  4. Sun Hung Kai Properties Ltd 4.08%
  5. Link REIT 3.78%
  6. CK Hutchison Holdings Ltd 3.77%
  7. CLP Holdings Ltd 3.59%
  8. Galaxy Entertainment Group Ltd 3.21%
  9. Lenovo Group Ltd 2.79%
  10. BOC Hong Kong Holdings Ltd 2.57%

Asset Allocation

Weighting Return Low Return High FLHK % Rank
Stocks
99.76% 51.72% 100.39% 14.29%
Cash
0.24% 0.00% 26.31% 92.86%
Other
0.01% -0.02% 47.32% 11.22%
Preferred Stocks
0.00% 0.00% 2.81% 78.57%
Convertible Bonds
0.00% 0.00% 0.15% 79.79%
Bonds
0.00% 0.00% 0.00% 77.55%

Stock Sector Breakdown

Weighting Return Low Return High FLHK % Rank
Financial Services
37.79% 0.00% 41.62% 2.13%
Real Estate
20.17% 0.00% 22.12% 2.13%
Industrials
15.47% 0.00% 36.69% 34.04%
Utilities
8.41% 0.00% 11.37% 4.26%
Consumer Cyclical
7.43% 0.00% 95.37% 91.49%
Consumer Defense
5.05% 0.00% 20.13% 73.40%
Technology
2.66% 0.00% 58.02% 95.74%
Healthcare
1.85% 0.00% 100.00% 92.55%
Communication Services
0.49% 0.00% 41.06% 82.98%
Basic Materials
0.44% 0.00% 19.86% 84.04%
Energy
0.24% 0.00% 19.38% 42.55%

Stock Geographic Breakdown

Weighting Return Low Return High FLHK % Rank
Non US
96.42% 0.00% 99.93% 20.41%
US
3.33% 0.00% 99.99% 57.14%

FLHK - Expenses

Operational Fees

FLHK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.09% 0.09% 14.63% 100.00%
Management Fee 0.09% 0.09% 1.50% 1.02%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.06% 0.25% N/A

Sales Fees

FLHK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

FLHK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FLHK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 9.91% 4.00% 241.00% 5.00%

FLHK - Distributions

Dividend Yield Analysis

FLHK Category Low Category High FLHK % Rank
Dividend Yield 6.87% 0.00% 8.89% 5.10%

Dividend Distribution Analysis

FLHK Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual Annual Annual

Net Income Ratio Analysis

FLHK Category Low Category High FLHK % Rank
Net Income Ratio 2.79% -1.76% 3.66% 3.19%

Capital Gain Distribution Analysis

FLHK Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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FLHK - Fund Manager Analysis

Managers

Dina Ting


Start Date

Tenure

Tenure Rank

Nov 02, 2017

4.58

4.6%

Ms. Ting joined Franklin Templeton Investments in 2015. Prior to joining Franklin Templeton Investments, she was a senior portfolio manager at BlackRock.

Hailey Harris


Start Date

Tenure

Tenure Rank

Dec 02, 2019

2.5

2.5%

Ms. Harris joined Franklin Templeton in 2018. Hailey Harris joined the Global X Management Company in April 2015 as a Portfolio Management Associate. Previously, Ms. Harris was a Senior Analyst, Portfolio Management at ProShare Advisors, LLC from 2011 through 2015 and a Client Operations Associate at Cambridge Associates, LLC from 2010 through 2011. Ms. Harris received her Bachelor of Science from the University of Maryland in 2009.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 24.1 3.69 3.22