FLCA - ETF AI Analysis
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Franklin FTSE Canada ETF (FLCA)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Bank Holdings
Several of the largest Canadian bank positions have shown strong performance, helping drive the ETF’s overall returns.
Low Expense Ratio
The fund charges a relatively low fee, which means more of the investment gains can stay in investors’ pockets over time.
Broad Sector Coverage
Holdings spread across financials, energy, materials, industrials, technology, and other sectors help reduce reliance on any single part of the economy.
Negative Factors
Heavy Financial Sector Concentration
A large portion of the portfolio is in financial stocks, which increases risk if that sector faces a downturn.
Weak Performance From Key Growth Stock
One of the top technology holdings has shown weak performance year-to-date, which can drag on the fund’s growth potential.
Limited Country Diversification
The ETF is focused mainly on Canadian companies, so investors are heavily exposed to the health of Canada’s economy and market.
FLCA vs. SPDR S&P 500 ETF (SPY)
AUM834.87M
RegionNorth America
Expense Ratio0.09%
Beta0.64
IssuerFranklin
Inception DateNov 02, 2017
Dividend Yield1.74%
Asset ClassEquity
Index TrackedFTSE Canada RIC Capped Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume63,856
30 Day Avg. Volume52,471
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
58.81Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering86
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FLCA Summary
FLCA, the Franklin FTSE Canada ETF, tracks the FTSE Canada RIC Capped Index and gives you broad exposure to the Canadian stock market in a single investment. It holds companies of all sizes across many sectors, with a big focus on banks and energy. Well-known names inside the fund include Royal Bank of Canada and Shopify. Someone might invest in FLCA to easily add Canadian diversification and potential long-term growth to their portfolio. A key risk is that the ETF is heavily tied to Canada’s economy and can go up or down with the Canadian stock market.
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, with Royal Bank of Canada, TD, and Bank of Montreal doing much of the heavy lifting as their shares keep rising and provide a steady backbone for the fund. Energy exposure through Canadian Natural and Enbridge adds extra fuel, with Canadian Natural especially powering recent gains. On the flip side, Shopify has been losing steam and Brookfield’s mixed performance has acted as a drag. Overall, this is a Canada-first play, concentrated in financials and energy rather than global tech high-fliers.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Royal Bank Of Canada | 9.41% | $76.49M | $290.61B | 62.00% | 75 Outperform | |
| Toronto Dominion Bank | 6.44% | $52.36M | $202.33B | 64.87% | 74 Outperform | |
| Shopify | 4.61% | $37.50M | $151.83B | -6.55% | 77 Outperform | |
| Bank Of Montreal | 4.07% | $33.11M | C$177.59B | 60.54% | 74 Outperform | |
| Enbridge | 3.82% | $31.03M | C$166.57B | 16.04% | 69 Neutral | |
| Canadian Bank of Commerce | 3.50% | $28.45M | C$153.85B | 64.49% | 74 Outperform | |
| Bank Of Nova Scotia | 3.48% | $28.25M | C$151.56B | 57.71% | 77 Outperform | |
| Canadian Natural | 3.13% | $25.41M | C$138.93B | 50.57% | 81 Outperform | |
| Brookfield Corporation | 2.86% | $23.23M | $94.84B | -1.99% | 65 Neutral | |
| Suncor Energy | 2.56% | $20.84M | $79.22B | 69.22% | 77 Outperform |
FLCA Technical Analysis
Positive
―
Price Trends
52.30
Positive
51.36
Positive
49.50
Positive
Market Momentum
0.46
Negative
64.51
Neutral
80.14
Negative
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 53.03, equal to the 50-day MA of 52.30, and equal to the 200-day MA of 49.50, indicating a bullish trend. The MACD of 0.46 indicates Negative momentum. The RSI at 64.51 is Neutral, neither overbought nor oversold. The STOCH value of 80.14 is Negative, 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
54.11
12.23
29.20%
BBCA
JPMorgan BetaBuilders Canada ETF
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EWC
iShares MSCI Canada ETF
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HLAL
Wahed FTSE USA Shariah ETF
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―
VFMF
Vanguard U.S. Multifactor ETF
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―
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AUSF
Global X Adaptive U.S. Factor ETF
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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.
DisclaimerThis 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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