Franklin FTSE Australia ETF logo

Franklin FTSE Australia ETF (FLAU)

Market Closed
17 Jul, 20:00
ARCA ARCA
$
34. 26
+0.15
+0.4368%
$
86.29M Market Cap
1.38% Div Yield
200 Volume
$ 34.11
Previous Close
Investors:
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Day Range
34.26 34.26
Year Range
30 39.87
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FLAU: Preferable To EWA, But Not A Good Buy Now

FLAU: Preferable To EWA, But Not A Good Buy Now

The Franklin FTSE Australia ETF has outperformed other developed markets and Asia Pacific stocks over the past year. We highlight why FLAU, which only has around $60m of AUM, is a better product than EWA, a larger peer with an AUM of over $1.4bn. Australian macros look dicey, and FLAU's heavy exposure to banking stocks is not too ideal at this juncture.

Seekingalpha | 1 year ago