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Managed Fund Since 2017
Equity Indexed
FLEU Franklin FTSE Eurozone ETF
- Cost-effective. Available for 9 basis points.
- Passive index exposure. Tracks a market-cap weighted index comprised of large- and mid-sized companies in the European Union countries that have fully incorporated the euro as their national currency.
- Efficient. Low cost combined with the tax efficiency of an ETF.*
Popular Documents
Total Net Assets
$57.94M
As of 11/02/2025 (Updated Daily)
Name, Ticker, Underlying Index, Investment Goal and Strategy Changed
Effective August 1, 2023, Franklin FTSE Europe Hedged ETF made the following changes: Name Franklin FTSE Eurozone ETF; Ticker symbol FLEU; Underlying index FTSE Developed Eurozone Index. Please contact your financial professional with any questions.
Overview
Fund Facts
Fund description
Seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Developed Eurozone Index.
- Benchmark
4 - Linked FTSE Developed Eurozone Index-NR
- Fund Inception Date
- 11/02/2017
- Listing Exchange
- NYSE Arca
- Dividend Frequency, if any
- Semi-Annual
Identifiers
- Ticker
- FLEU
- CUSIP Code
- 35473P645
- ISIN Code
- US35473P6455
- Bloomberg Code
- FLEU US
Average Annual Total Returns As of 09/30/2025
- 23.00%1 Year
- 21.55%3 Years
- 15.27%5 Years
- —10 Years
- 10.08%Since Inception
11/02/2017
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Geographic Focus
As of 10/29/2025 % of Total (Updated Daily)
Additional Fund Info
- Morningstar Category
- Europe Stock
- Fiscal Year End
- March 31
- ETF Type
- Indexed
- Frequency of Index Reconstitution
- Semi-Annually
Trading Characteristics
- Shares Outstanding
- 1,800,000
- Daily Volume
- 9,046
- 20-Day Average Volume
- 7209.30
Manager and Commentary
About the Team
Franklin ETF and Index Investments
At Franklin ETF and Index Investments, we believe that tracking global indices is a blend of art and science. Our Portfolio Managers collaborate for a rigorous assessment of the returns, risks, costs and tax implications of each transaction, all with the goal of delivering the highest tax-adjusted returns. Drawing on decades of deep expertise in global markets, our team is dedicated to providing world-class indexing solutions that offer cost-effective, competitive and consistent investment performance.
Franklin ETF and Index Investments
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Managed Fund Since 2019
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Managed Fund Since 2022
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Managed Fund Since 2022
Performance
Average Annual Total Returns
As of 09/30/2025
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Returns are based on Market Price or NAV, assume the reinvestment of all distributions and the deduction of all Fund expenses. Performance would have been lower if expenses had not been waived in various periods. Returns for periods of less than one year are not annualized.
Selected Month September 2025
Franklin FTSE Eurozone ETF - Market Price Return (%)
Month End
As of 09/30/2025
Franklin FTSE Eurozone ETF - NAV Return (%)
Month End
As of 09/30/2025
Linked FTSE Developed Eurozone Index-NR (%)
Month End
As of 09/30/2025
Ratings 3
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Portfolio
Assets
As of11/02/2025 (Updated Daily)
- Total Net Assets
- $57.94 Million
Positions
As of 10/30/2025 (Updated Daily)
Number of Holdings
- Fund
- 263
Portfolio Statistics
As of 10/30/2025 (Updated Daily)
Price to Book
- Fund
- 2.18x
- Fund
- $122.40 Billion
- Fund
- 17.19x
Sector Allocation
As of 10/30/2025 % of Total (Updated Daily)
| Sector | % of Total |
|---|---|
Financials | 24.86% |
Industrials | 20.43% |
Information Technology | 12.72% |
Consumer Discretionary | 11.05% |
Health Care | 6.80% |
Utilities | 6.55% |
Consumer Staples | 5.37% |
Materials | 4.21% |
Communication Services | 4.00% |
Energy | 2.93% |
Real Estate | 0.98% |
Cash & Cash Equivalents | 0.10% |
Holdings
As of 10/31/2025 (Updated Daily)
ASML HOLDING NV
SAP SE
SIEMENS AG-REG
LVMH MOET HENNESSY LOUIS
ALLIANZ SE-REG
SCHNEIDER ELECTRIC SE
BANCO SANTANDER SA
AIRBUS SE
IBERDROLA SA
SAFRAN SA
Distributions & Tax
Federal ID Number 82-2611358
For information on tax years prior to 2008, please contact usThese amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
Jun 21
Dec 20
Supplemental Tax Information
- Foreign Source Income
- 84.21%
- Foreign Source Qualified Dividends
- 84.21%
- Direct U.S. Government Obligations
- —
- Specified Private Activity Bond Interest
- —
- Dividends Received Deduction
- —
- Section 163(j)
- —
- Indiana Resident Taxable Income
- —
- Utah Resident Taxable Income
- —
Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.
Pricing
Premium/Discount Analysis 7
As of 09/30/2025 (Updated Quarterly)
Premium / Discount
- Total Days in Period
- 64
- Days at NAV
- 1
- Days at Premium
- 54
- Days at Discount
- 9
- Greatest Premium
- $1.48
- Greatest Discount
- $-0.03
| Premium/Discount Analysis | Breakdown |
|---|---|
| 1% to 1.5% | 2 days |
| 0.5% to 1% | 17 days |
| 0% to 0.5% | 35 days |
| 0.0% | 1 days |
| -0.5% to 0% | 7 days |
| -1% to -0.5% | 2 days |
Historical Premium/Discount 8
As of 10/31/2025 (Updated Daily)
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Franklin FTSE Eurozone ETF |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - Franklin FTSE Eurozone ETF - Single Class | |||
| Annual Financial Statements and Other Information - Franklin Templeton ETF Trust 5 | |||
| Semi-Annual Report - Franklin FTSE Eurozone ETF - Single Class | |||
| Semi-Annual Financial Statements and Other Information - Franklin FTSE Australia ETF | |||
| Prospectus - Franklin FTSE Eurozone ETF | |||
| Summary Prospectus - Franklin FTSE Eurozone ETF | |||
| Statement of Additional Information - Franklin FTSE Eurozone ETF | |||
| Fiscal Q1 Holdings - Franklin Templeton ETF Trust Smart Beta Funds | |||
| Fiscal Q3 Holdings - Franklin Templeton ETF Trust Smart Beta Funds | |||
| Prospectus Supplement Franklin FTSE Europe Hedged ETF_0523 |
Risks
All investments involve risks, including possible loss of principal. Equity securities are subject to price fluctuation and possible loss of principal. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. To the extent the fund invests in companies in a specific country or region, the fund may experience greater volatility than a fund that is more broadly diversified geographically. There is no guarantee that Passive Strategies will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment goal. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. When the fund’s size is small, the fund may experience low trading volume and wide bid/ask spreads. The portfolio is, or could become, non-diversified and may invest in a relatively small number of issuers, which may negatively impact the performance and result in greater fluctuation in value. These and other risks are discussed in the fund’s prospectus.
Important Information
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
All investments involve risk, including possible loss of principal. Please see each product's web page for specific details regarding investment objective, risks, performance, and other important information. Review this information carefully before you make any investment decision. Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges.
Carefully consider a fund’s investment objectives, risks, charges and expenses before investing. Please view the prospectus or summary prospectus for this and other information. Read it carefully.
Franklin Templeton, its affiliated companies, and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the “promotion or marketing” of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Any such taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.
ETFs trade like stocks, fluctuate in market value and may trade at prices above or below their net asset value. Brokerage commissions and ETF expenses will reduce returns. ETF shares may be bought or sold throughout the day at their market price (MP), not their Net Asset Value (NAV), on the exchange on which they are listed. Shares of ETFs are tradable on secondary markets and may trade either at a premium or a discount to their NAV on the secondary market. Prior to trading in the secondary market, shares of the fund are "created" at NAV by market makers, large investors and institutions only in block-size Creation Units. Each "creator" or "Authorized Participant" enters into an authorized participant agreement with Franklin Distributors, LLC. Only an Authorized Participant may create or redeem Creation Units directly with the fund. Retail investors buy and sell shares of ETFs at market price (not NAV) in the secondary market throughout the trading day. These shares are not individually available for purchase or redemption directly from the ETF.
Franklin Distributors, LLC serves as the distributor of Creation Units for the ETFs on an agency basis. Franklin Distributors, LLC does not maintain a secondary market in the funds' shares.
Redemption payments will be effected within the specified number of calendar days following the date on which a request for redemption in proper form is made. For more information, please see the ETF’s statement of additional information (SAI) which can be found on the fund’s webpage.
The FTSE Developed Eurozone Index measures the performance of developed eurozone large- and mid-capitalization stocks.
The Linked FTSE Developed Eurozone Index reflects the performance of FTSE Developed Europe Capped Hedged Index from the fund's inception through 7/31/2023 and FTSE Developed Eurozone Index thereafter.
Net Returns (NR) include income net of tax withholding when dividends are paid.
The fund is managed by Franklin Advisory Services, LLC (Advisory Services). The fund is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). FTSE Russell is a trading name of certain of the LSE Group companies. All rights in the Benchmark vest in the relevant LSE Group company that owns the Benchmark. "FTSE®" is a trademark(s) of the relevant LSE Group company and is used by any other LSE Group company under license. Each Benchmark is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group accepts no liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Benchmark or (b) investment in or operation of the fund. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the fund or the appropriateness of the Benchmark for the purpose to which it is being put by Advisory Services.
Russell is a trademark of FTSE Russell.
* 'Low cost' is based on the fund's expense ratio is below 0.10% and/or is in the lowest one-third of all expense ratios for developed market (excluding the U.S) passive equity ETFs offered in the U.S. based on most recent quarter-end analysis. Source: Morningstar.
The Franklin FTSE Europe Hedged ETF has been developed solely by Franklin Templeton Investments. The Franklin FTSE Europe Hedged ETF is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). FTSE Russell is a trading name of certain of the LSE Group companies. All rights in the FTSE Developed Europe Capped Hedged Index vest in the relevant LSE Group company which owns the Index. FTSE® is a trade mark of the relevant LSE Group company and is used by any other LSE Group company under license. The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Franklin FTSE Europe Hedged ETF. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Franklin FTSE Europe Hedged ETF or the suitability of the Index for the purpose to which it is being put by Franklin Templeton Investments.