FLTW
Franklin FTSE Taiwan ETF
FLTW tracks a market-cap-weighted index of large- and midcap Taiwanese companies.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
614.0 M
ASSETS UNDER MGMT
19 bp
EXPENSES
Fund Basics
| Fund sponsor | Franklin Templeton |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Nov 02, 2017 |
| Assets (mns) | $614 |
| Expense ratio | 19 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
| TAIWAN SEMICONDUCTOR MANUFAC | 20.7 % |
| HON HAI PRECISION INDUSTRY | 7.4 % |
| MEDIATEK INC | 5.6 % |
| DELTA ELECTRONICS INC | 4.9 % |
| CHINATRUST FINANCIAL HOLDING | 2.4 % |
| FUBON FINANCIAL HOLDING CO | 2.1 % |
| QUANTA COMPUTER INC | 1.9 % |
| CATHAY FINANCIAL HOLDING CO | 1.9 % |
| ADVANCED SEMICONDUCTOR ENGR | 1.8 % |
| ACCTON TECHNOLOGY CORP | 1.6 % |
Constituent Breakdown
| Number of holdings | 134 |
| Herfindahl-Hirschman Index | 809 |
| Wgt avg mkt cap (mns) | $308,273 |
| Large cap (>$10bn) | 82.4% |
| Mid cap ($2-10bn) | 27.8% |
| Small cap (<$2bn) | 1.9% |
| Developed mkts. | 111.8% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
TAIWAN | 99.0 % |
Historical Performance
Standardized Performance (as of 12/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 28.6% | 28.6% | 21.4% | 23.0% | 10.6% | -- | -- | 11.2% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -- | -- | 0.0% |
| Total Returns | 28.6% | 28.6% | 21.4% | 23.0% | 10.6% | -- | -- | 11.2% | Ann. Volatility | 26.6% | 26.6% | 23.7% | 21.5% | 21.7% | -- | -- | 25.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.00 | 53% |
| MSCI EAFE | 1.12 | 48% |
| MSCI Emg Mkts | 1.26 | 70% |
Liquidity Measures
| Avg. volume (000) | 136 |
| ADV traded (mns) | $9 |
| Turnover | 1.4% |
| Avg. Bid/Ask (% of price) | 0.06% |
Technical Indicators
| 30d moving avg. (EMA) | $61.15 |
| Relative strength (RSI) | 59 |
| MACD/Signal | 0.81/0.48 |
| Bollinger Bands (Upper/Lower) | $63.98/$57.96 |
| Short interest (% of AUM) | 0.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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. FLTW |
Expenses vs. FLTW |
ALTAR Score™ vs. FLTW |
|---|---|---|---|---|
| EWT | iShares MSCI Taiwan ETF | 85.1% | +39 bp | +4.8% |
| EMSG | Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF | 30.5% | +1 bp | +9.8% |
| AIA | iShares Asia 50 ETF | 30.4% | +31 bp | +10.4% |
| EMXC | iShares MSCI Emerging Markets ex China ETF | 28.6% | +6 bp | +6.6% |
| XCEM | Columbia EM Core ex-China ETF | 28.5% | -3 bp | +6.6% |
| XCNY | SPDR S&P Emerging Markets ex-China ETF | 28.3% | -4 bp | +6.7% |
| STXE | Strive Emerging Markets Ex-China ETF | 27.3% | +13 bp | +7.0% |
| KEMX | KraneShares MSCI Emerging Markets EX China Index ETF | 26.4% | +5 bp | +6.6% |
| EEMA | iShares MSCI Emerging Markets Asia ETF | 25.6% | +30 bp | +9.3% |
| JIVE | JPMorgan International Value ETF | 25.6% | +36 bp | +9.6% |
Risk and Returns: FLTW 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 1/12/2026
Peer Group Comparison Sample data. Subscribe for access.
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.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
FLTW
5.2%
Cat. Avg
7.8%
ALTAR Score™ Calculation
Category Overview
There are 136 funds in the Emerging Equity category, with an average ALTAR Score™
of 7.8% and a standard deviation of
2.5%. FLTW's ALTAR Score™ is approximately
1.1 standard deviations
below
the category average. This places FLTW in the 14th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FLTWSELL
U/W
HOLD
O/W
BUY