FLBR
Franklin FTSE Brazil ETF
The Franklin FTSE Brazil ETF tracks a market-cap-weighted index of Brazilian large- and midcap stocks.
Emerging Market
EQUITY
Passive
MANAGEMENT STYLE
$ 576.3 M
ASSETS UNDER MGMT
19 bp
EXPENSES
Fund Basics
| Inception date | Nov 03, 2017 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Semi-annual |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| VALE SA | 11.5 % |
| ITAU UNIBANCO HOLDING SA | 9.4 % |
| PETROBRAS - PETROLEO BRAS-PR | 8.8 % |
| PETROBRAS - PETROLEO BRAS | 8.0 % |
| BANCO BRADESCO SA-PREF | 3.9 % |
| BM&FBOVESPA SA | 3.8 % |
| ITAUSA-INVESTIMENTOS ITAU SA | 3.2 % |
| CIA SANEAMENTO BASICO DE SP | 3.1 % |
| BANCO BTG PACTUAL SA UNITS CONS OF 1 SH | 2.9 % |
| AXIA ENERGIA | 2.9 % |
Constituent Breakdown
| Number of holdings | 75 |
| Herfindahl-Hirschman Index | 482 |
| Wgt avg mkt cap (mns) | $22,752 |
| Large cap (>$10bn) | 67.4% |
| Mid cap ($2-10bn) | 19.0% |
| Small cap (<$2bn) | 2.1% |
| Developed mkts. | 94.4% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
BRAZIL | 94.4 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 18.0% | 30.5% | 11.7% | 8.1% | -1.5% | -- | -- | -1.1% |
| Dividend Yield | 0.0% | 7.4% | 7.2% | 8.1% | 8.5% | -- | -- | 6.2% |
| Total Returns | 18.0% | 37.9% | 18.9% | 16.2% | 7.0% | -- | -- | 5.1% | Ann. Volatility | 29.6% | 24.8% | 24.8% | 23.8% | 27.7% | -- | -- | 33.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.03 | 24% |
| MSCI EAFE | 1.03 | 39% |
| MSCI Emg Mkts | 0.76 | 37% |
Liquidity Measures
| Avg. volume (000) | 272 |
| ADV traded (mns) | $6 |
| Turnover | 1.1% |
| Avg. Bid/Ask (% of price) | 0.11% |
Technical Indicators
| 30d moving avg. (EMA) | $23.62 |
| Relative strength (RSI) | 44 |
| MACD/Signal | -0.50/-0.39 |
| Bollinger Bands (Upper/Lower) | $25.26/$21.90 |
| Short interest (% of AUM) | 0.5% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FLBR |
Expenses vs. FLBR |
ALTAR Score™ vs. FLBR |
|---|---|---|---|---|
| EWZ | iShares MSCI Brazil ETF | 74.9% | +39 bp | -0.7% |
| FLLA | Franklin FTSE Latin America ETF | 57.2% | 0 bp | -1.0% |
| FLN | First Trust Latin America AlphaDEX Fund | 32.6% | +61 bp | -1.2% |
| JIVE | JPMorgan International Value ETF | 21.7% | +36 bp | -2.9% |
| BRAZ | Global X Brazil Active ETF | 18.0% | +56 bp | -0.7% |
| FTHF | First Trust Emerging Markets Human Flourishing ETF | 14.9% | +56 bp | -5.9% |
| FNDE | Schwab Fundamental Emerging Markets Large Co. Index ETF | 12.3% | +20 bp | +1.3% |
| ILF | iShares Latin America 40 ETF | 11.9% | +29 bp | -1.8% |
| EMDM | First Trust Bloomberg Emerging Market Democracies ETF | 11.2% | +56 bp | -5.4% |
| DVYE | iShares Emerging Markets Dividend ETF | 10.4% | +30 bp | +4.4% |
Risk and Returns: FLBR 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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | |
| 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 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
11.7%
ALTAR SCORE™
98th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 217 funds in the Emerging Equity category with an average
ALTAR Score™ of 7.3% and a standard deviation
of 2.2%. FLBR's ALTAR Score™ is approximately 2.0 standard
deviations above the category average. This places FLBR in the 98th percentile
among funds in the category.
Sell-Side Consensus
$25.86
PRICE TARGET
+14.0%
UPSIDE