FLIN
Franklin FTSE India ETF
FLIN tracks a market-cap weighted index of large- and midcap Indian equities.
Emerging Market
EQUITY
Passive
MANAGEMENT STYLE
1.6 B
ASSETS UNDER MGMT
19 bp
EXPENSES
Fund Basics
| Fund sponsor | Franklin Templeton Investments |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Feb 06, 2018 |
| Assets (mns) | $1,640 |
| 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
| RELIANCE INDS-SPONS GDR 144A | 10.4 % |
| HDFC BANK LIMITED | 6.1 % |
| INFOSYS TECHNOLOGIES LTD | 4.4 % |
| TATA CONSULTANCY SVS LTD | 3.0 % |
| BHARTI AIRTEL LIMITED | 2.7 % |
| ICICI BANK LTD | 2.6 % |
| MAHINDRA & MAHINDRA LTD. | 1.9 % |
| AXIS BANK LIMITED | 1.8 % |
| LARSEN & TOUBRO LIMITED | 1.7 % |
| HINDUSTAN UNILEVER LIMITED | 1.6 % |
Constituent Breakdown
| Number of holdings | 235 |
| Herfindahl-Hirschman Index | 235 |
| Wgt avg mkt cap (mns) | $65,939 |
| Large cap (>$10bn) | 84.3% |
| Mid cap ($2-10bn) | 14.9% |
| Small cap (<$2bn) | 0.3% |
| Developed mkts. | 0.0% |
| Emerging mkts. | 100.0% |
Country Exposure
 |
INDIA | 95.6 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 12.5% | 28.0% | 16.1% | 7.6% | 12.4% | -- | 9.4% | Volatility | 15.0% | 14.7% | 13.6% | 16.2% | 22.4% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.58 | 55% |
| MSCI EAFE | 0.49 | 42% |
| MSCI Emg Mkts | 0.44 | 33% |
Liquidity Measures
| Avg. volume (000) | 350 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.10% |
| ADV of underlying (mns) | $1,653 |
Technical Indicators
| Recent close | $38.19 |
| 30d moving avg. | $40.81 |
| Annualized volatility | 13.5% |
| Relative strength (RSI) | 40 |
| Short interest (ETF) | 0.8% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FLIN |
Expenses vs. FLIN |
ALTAR Score™ vs. FLIN |
|---|---|---|---|---|
| PIN | Invesco India ETF | 74.7% | +59 bp | -0.2% |
| INDA | iShares MSCI India ETF | 73.2% | +46 bp | -0.3% |
| EPI | WisdomTree India Earnings Fund | 65.7% | +66 bp | +1.4% |
| INDY | iShares India 50 ETF | 53.1% | +70 bp | -0.1% |
| NFTY | First Trust India NIFTY 50 Equal Weight ETF | 44.9% | +61 bp | +1.6% |
| EEMO | Invesco S&P Emerging Markets Momentum ETF | 39.7% | +10 bp | +0.8% |
| BKF | iShares MSCI BIC ETF | 31.7% | +50 bp | +2.3% |
| XC | WisdomTree Emerging Markets Ex-China Fund | 28.7% | +13 bp | +1.3% |
| STXE | Strive Emerging Markets Ex-China ETF | 27.6% | +13 bp | +2.3% |
| DGRE | WisdomTree Emerging Markets Quality Dividend Growth Fund | 27.3% | +13 bp | +2.1% |
Risk and Returns: FLIN 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.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| 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 11/21/2024
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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
FLIN
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
FLIN
4.7%
Cat. Avg
7.7%
ALTAR Score™ Calculation
Category Overview
There are 165 funds in the Emerging Equity category, with an average ALTAR Score™
of 7.7% and a standard deviation of
4.1%. FLIN's ALTAR Score™ is approximately
0.7 standard deviations
below
the category average. This places FLIN in the 23rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FLINSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Passive Emerging Market Equity ETFs |
| # of ETFs | 53 |
| Avg. Expense Ratio | 52.8 bp |
| Std. Deviation | 23.2 bp |
| FLIN (19 bp) Percentile rank | 9 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| FLIN | 19.0 | 9.6 | 28.6 |
| Peer Avg. | 53.4 | 25.5 | 78.9 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .