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FLCA - ETF AI Analysis
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Franklin FTSE Canada ETF (FLCA)
Rating:74Outperform
Price Target:―
Positive Factors
Low Expense Ratio
The ETF charges a relatively low fee, which helps investors keep more of their returns over time.
Healthy Asset Base
The fund manages a sizable pool of assets, which can support liquidity and reduce trading frictions for investors.
Recent Performance Momentum
The ETF has shown positive returns over the past month, three months, and year to date, indicating recent upward momentum.
Negative Factors
Heavy Financial Sector Concentration
A large share of the portfolio is invested in financial companies, which increases the fund’s sensitivity to problems in that sector.
Mixed Performance Among Top Holdings
Several of the largest positions, including major banks and a leading technology stock, have been weak so far this year, which can drag on overall results.
Limited Sector Diversification Beyond Core Areas
Exposure is relatively small in areas like technology, consumer sectors, and utilities, so the fund may not fully benefit when those parts of the market do well.
FLCA vs. SPDR S&P 500 ETF (SPY)
AUM681.55M
RegionNorth America
Expense Ratio0.09%
Beta0.60
IssuerFranklin
Inception DateNov 02, 2017
Dividend Yield1.76%
Asset ClassEquity
Index TrackedFTSE Canada RIC Capped Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume81,635
30 Day Avg. Volume59,518
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
57.95Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering79
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FLCA Summary
FLCA is the Franklin FTSE Canada ETF, which tracks the FTSE Canada RIC Capped Index and gives you broad exposure to the Canadian stock market. It holds a mix of large, mid, and small companies across many sectors, with a big focus on financials, energy, and materials. Well-known holdings include Royal Bank of Canada and Shopify. Someone might invest in FLCA to easily diversify into Canada’s economy and its resource-rich industries in a single fund. A key risk is that it is heavily tied to the Canadian market and sectors like financials and energy, so its price can rise or fall with them.
How much will it cost me?The Franklin FTSE Canada ETF (FLCA) has an expense ratio of 0.09%, meaning you’ll pay $0.90 per year for every $1,000 invested. This is lower than average because it’s a passively managed fund that tracks an index, which typically costs less to operate than actively managed funds.
What would affect this ETF?The Franklin FTSE Canada ETF (FLCA) could benefit from strong performance in Canada's financial sector, which makes up a significant portion of its holdings, as well as potential growth in energy and materials driven by global demand for resources. However, it may face challenges from fluctuating commodity prices, regulatory changes in the energy sector, or economic slowdowns that impact the Canadian market. Additionally, interest rate hikes could negatively affect financial stocks, which are heavily weighted in this ETF.
FLCA Top 10 Holdings
FLCA leans heavily on Canada’s big banks, and they’re doing the heavy lifting right now. Royal Bank, TD, and Bank of Montreal have been steadily rising, giving the fund a solid financial backbone, while Bank of Nova Scotia and CIBC add more fuel to that rally. On the resource side, Canadian Natural and Enbridge are also climbing, helped by firm energy markets. The main drag is Shopify, which has been losing steam and acting as a brake on returns. Overall, this is a Canada-first play, dominated by financials and energy names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Royal Bank Of Canada | 7.84% | $52.99M | $230.47B | 43.92% | 75 Outperform | |
| Toronto Dominion Bank | 5.59% | $37.77M | $164.26B | 63.97% | 74 Outperform | |
| Shopify | 5.21% | $35.22M | $175.95B | 31.52% | 77 Outperform | |
| Enbridge | 3.94% | $26.59M | $117.63B | 29.52% | 69 Neutral | |
| Agnico Eagle | 3.88% | $26.19M | $111.16B | 126.29% | 80 Outperform | |
| Bank Of Montreal | 3.51% | $23.69M | C$139.05B | 46.76% | 74 Outperform | |
| Canadian Bank of Commerce | 3.17% | $21.40M | C$127.10B | 76.60% | 74 Outperform | |
| Bank Of Nova Scotia | 3.10% | $20.92M | $89.99B | 51.46% | 77 Outperform | |
| Brookfield Corporation | 3.05% | $20.60M | $104.17B | 21.22% | 65 Neutral | |
| Canadian Natural | 3.01% | $20.32M | C$129.07B | 62.09% | 81 Outperform |
FLCA Technical Analysis
Positive
―
Price Trends
49.73
Positive
47.69
Positive
44.92
Positive
Market Momentum
0.54
Positive
52.50
Neutral
57.65
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FLCA, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 50.67, equal to the 50-day MA of 49.73, and equal to the 200-day MA of 44.92, indicating a bullish trend. The MACD of 0.54 indicates Positive momentum. The RSI at 52.50 is Neutral, neither overbought nor oversold. The STOCH value of 57.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FLCA.
FLCA Peer Comparison
Comparison Results
Performance Comparison
FLCA
Franklin FTSE Canada ETF
50.29
14.05
38.77%
BBCA
JPMorgan BetaBuilders Canada ETF
―
―
―
EWC
iShares MSCI Canada ETF
―
―
―
ULTY
YieldMax Ultra Option Income Strategy ETF
―
―
―
SYLD
Cambria Shareholder Yield ETF
―
―
―
AUSF
Global X Adaptive U.S. Factor ETF
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―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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