FLCA - ETF AI Analysis
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Franklin FTSE Canada ETF (FLCA)
Rating:74Outperform
Price Target:―
Positive Factors
Low Expense Ratio
The fund charges a relatively low fee, which helps investors keep more of their returns over time.
Strong Recent Performance
The ETF has shown solid gains over the past month, three months, and year to date, indicating recent positive momentum.
Financial and Resource Strength
Many of the largest holdings in Canadian banks, energy, and materials companies have been performing well, supporting the fund’s overall results.
Negative Factors
Heavy Sector Concentration
A large share of the portfolio is in financials, energy, and materials, which increases the impact if these sectors face a downturn.
Underperforming Key Holding
One of the top positions, Shopify, has been weak this year, which can drag on the fund’s performance given its sizable weight.
Limited Sector Balance
Exposure to areas like technology, consumer, utilities, and real estate is relatively small, offering less diversification across different parts of the economy.
FLCA vs. SPDR S&P 500 ETF (SPY)
AUM749.89M
RegionNorth America
Expense Ratio0.09%
Beta0.64
IssuerFranklin
Inception DateNov 02, 2017
Dividend Yield1.71%
Asset ClassEquity
Index TrackedFTSE Canada RIC Capped Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume53,910
30 Day Avg. Volume81,156
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
60.42Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering84
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FLCA Summary
The Franklin FTSE Canada ETF (FLCA) is a fund that aims to track the FTSE Canada RIC Capped Index, giving you broad exposure to the Canadian stock market in a single investment. It holds a mix of large, mid, and small Canadian companies across many sectors, with a big focus on banks, energy, and materials. Well-known holdings include Royal Bank of Canada and Shopify. Someone might invest in FLCA to diversify into Canada’s resource-rich and financial-heavy economy. A key risk is that the fund can rise or fall with the Canadian market, especially financial and energy stocks.
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 and Toronto-Dominion leading the charge as they continue to rise and set the tone for the fund. Energy names like Enbridge and Canadian Natural are also pulling their weight, with steady-to-strong momentum that taps into Canada’s resource backbone. On the flip side, Shopify has been losing steam, acting as a noticeable drag, while Brookfield’s more mixed performance adds some wobble. Overall, this is a Canada-first play, concentrated in financials and energy rather than global tech giants.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Royal Bank Of Canada | 8.33% | $61.98M | $267.10B | 47.42% | 75 Outperform | |
| Toronto Dominion Bank | 5.90% | $43.94M | $191.51B | 65.00% | 74 Outperform | |
| Shopify | 3.99% | $29.70M | $136.12B | -1.72% | 77 Outperform | |
| Enbridge | 3.90% | $29.05M | $126.06B | 23.83% | 69 Neutral | |
| Bank Of Montreal | 3.53% | $26.25M | C$158.56B | 54.41% | 74 Outperform | |
| Canadian Bank of Commerce | 3.42% | $25.45M | C$148.96B | 69.24% | 74 Outperform | |
| Agnico Eagle | 3.21% | $23.90M | $92.14B | 55.26% | 80 Outperform | |
| Brookfield Corporation | 3.17% | $23.61M | $103.17B | 18.71% | 65 Neutral | |
| Bank Of Nova Scotia | 3.15% | $23.42M | C$136.79B | 52.47% | 77 Outperform | |
| Canadian Natural | 3.13% | $23.26M | C$135.17B | 50.34% | 81 Outperform |
FLCA Technical Analysis
Positive
―
Price Trends
50.90
Positive
50.43
Positive
47.77
Positive
Market Momentum
0.28
Positive
57.68
Neutral
78.30
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 51.95, equal to the 50-day MA of 50.90, and equal to the 200-day MA of 47.77, indicating a bullish trend. The MACD of 0.28 indicates Positive momentum. The RSI at 57.68 is Neutral, neither overbought nor oversold. The STOCH value of 78.30 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
52.58
12.15
30.05%
BBCA
JPMorgan BetaBuilders Canada ETF
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―
―
EWC
iShares MSCI Canada ETF
―
―
―
SYLD
Cambria Shareholder Yield ETF
―
―
―
FDMO
Fidelity Momentum Factor ETF
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―
HLAL
Wahed FTSE USA Shariah 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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