FLGB - ETF AI Analysis
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Franklin FTSE United Kingdom ETF (FLGB)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and in recent months, indicating positive momentum in its holdings.
Leading UK Blue-Chip Holdings
Many of the largest positions, such as major banks, energy companies, and defense contractors, have delivered strong performance, helping drive the fund’s returns.
Low Expense Ratio
The fund charges a relatively low fee, which helps investors keep more of their returns over time.
Negative Factors
Heavy UK Concentration
With most assets invested in the UK, the ETF is highly exposed to the health of the British economy and its currency.
Sector Concentration in Financials and Energy
A large share of the portfolio is in financial and energy stocks, which can make the fund more sensitive to interest rate changes and commodity price swings.
Some Weak Top Holdings
A few major positions, such as certain consumer defensive names, have shown weak performance, which can drag on overall returns if the trend continues.
FLGB vs. SPDR S&P 500 ETF (SPY)
AUM856.02M
RegionEurope
Expense Ratio0.09%
Beta0.58
IssuerFranklin
Inception DateNov 02, 2017
Dividend Yield2.93%
Asset ClassEquity
Index TrackedFTSE UK RIC Capped Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume67,219
30 Day Avg. Volume109,028
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
42.26Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering94
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FLGB Summary
The Franklin FTSE United Kingdom ETF (FLGB) tracks the FTSE UK RIC Capped Index, giving you broad exposure to the overall UK stock market in a single investment. It holds many types of companies, from banks and energy firms to healthcare and consumer brands. Well-known holdings include HSBC and AstraZeneca. Someone might invest in FLGB to diversify outside the U.S. and to spread their money across many sectors of the UK economy. A key risk is that the fund’s value can rise or fall with the UK stock market and the British economy.
How much will it cost me?The Franklin FTSE United Kingdom ETF (FLGB) has an expense ratio of 0.09%, which means 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, keeping costs down.
What would affect this ETF?The Franklin FTSE United Kingdom ETF (FLGB) could benefit from positive trends in the UK economy, such as growth in the financial and healthcare sectors, which are heavily weighted in the fund. However, potential risks include economic uncertainty due to interest rate changes, energy price volatility affecting holdings like Shell and BP, and regulatory shifts impacting major industries like financials and consumer goods. Investors should also consider how broader European economic conditions might influence the ETF's performance.
FLGB Top 10 Holdings
FLGB is leaning heavily on big U.K. banks, with HSBC and Barclays doing much of the heavy lifting as their shares have been steadily rising and giving the fund a solid financial backbone. Industrial name Rolls-Royce has also been climbing, adding some extra thrust to returns. On the flip side, consumer giant Unilever looks a bit tired, and energy majors Shell and BP have seen mixed, recently weaker trading that occasionally drags on performance. With all its top names rooted in the U.K., this ETF is a pure play on the British market, led by finance, energy, and healthcare.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| HSBC Holdings | 9.82% | $87.01M | £246.00B | 68.71% | 80 Outperform | |
| AstraZeneca | 8.64% | $76.54M | $271.40B | 27.54% | 80 Outperform | |
| Shell (UK) | 6.44% | $57.09M | £166.17B | 12.09% | 73 Outperform | |
| Rolls-Royce Holdings | 4.90% | $43.43M | £117.69B | 57.84% | 71 Outperform | |
| Unilever | 3.87% | $34.29M | £94.01B | -14.71% | 72 Outperform | |
| British American Tobacco | 3.73% | $33.01M | £93.69B | 23.50% | 71 Outperform | |
| GlaxoSmithKline | 3.17% | $28.04M | £77.17B | 37.17% | 77 Outperform | |
| Rio Tinto | 2.90% | $25.73M | £127.71B | 79.52% | 82 Outperform | |
| BP p.l.c. | 2.89% | $25.56M | £77.84B | 29.45% | 71 Outperform | |
| Barclays | 2.82% | $25.00M | £67.06B | 61.93% | 78 Outperform |
FLGB Technical Analysis
Positive
―
Price Trends
35.24
Positive
35.21
Positive
33.85
Positive
Market Momentum
0.06
Negative
61.78
Neutral
54.36
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FLGB, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 35.18, equal to the 50-day MA of 35.24, and equal to the 200-day MA of 33.85, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 61.78 is Neutral, neither overbought nor oversold. The STOCH value of 54.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FLGB.
FLGB Peer Comparison
Comparison Results
Performance Comparison
FLGB
Franklin FTSE United Kingdom ETF
36.12
6.67
22.65%
EWU
iShares MSCI United Kingdom ETF
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EWI
iShares MSCI Italy ETF
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DBEU
Xtrackers MSCI Europe Hedged Equity ETF
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EWUS
iShares MSCI United Kingdom Small Cap ETF
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FKU
First Trust United Kingdom AlphaDEX Fund
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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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