FLKR — Franklin FTSE South Korea ETF

FLKR Price Performance — Growth of $10,000

Value of a $10,000 investment in FLKR over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

FLKR Drawdown

The "underwater" chart: FLKR's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Franklin FTSE South Korea ETF (FLKR) is a Single Country - Emerging fund managed by Franklin Templeton Investments. It holds a position among 22 ETFs tracked in its specific category and ranks #71 out of 458 ETFs across all categories. The fund carries an ETFValuer grade of B with a score of 73.1 out of 100. Investors pay an expense ratio of 0.09% to hold the fund, which currently trades at a price of $49.83. With assets under management totaling $1.33 billion, the fund has achieved significant scale. It offers a dividend yield of 2.28% to income-seeking investors. The combination of a low expense ratio and substantial assets suggests broad adoption within its niche.

Short-term data shows significant volatility, with the fund dropping 5.62% in one day and falling 12.01% over one week. The one-month return reflects further weakness at -22.65%, while the three-month period shows a slight recovery to -1.74%. A sharp reversal occurred over the next six months, generating a return of +30.28%. Year-to-date performance has accelerated strongly to +49.81%, driven by a massive one-year return of +108.87%. This upward momentum continues over the longer term, with a three-year return of +149.55%. The data indicates a pattern where recent short-term declines were followed by a sustained and powerful long-term rally.

The fund is assigned a Very High volatility label, which aligns with its beta of 2.57 indicating high sensitivity to market movements. A Sharpe ratio of 2.00 suggests that the returns generated have been substantial relative to the risk taken. Despite the high volatility, the maximum drawdown recorded was -30.72%. This combination implies that while the fund experiences large price swings, the recent performance has been strong enough to produce a favorable risk-adjusted return profile. The high beta and volatility label confirm that the fund moves aggressively in both directions compared to broader benchmarks. The data shows that periods of significant decline were followed by even larger gains, resulting in the high Sharpe ratio.

AI-generated summary based on the data on this page.

FLKR Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 54.2% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how FLKR's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With FLKR

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with FLKR's top 10 — EWY overlaps most, holding 6 of the same companies as FLKR's top 10 (48.5% of FLKR's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

FLKR Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 1.02% and average daily volume is 816K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.33B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: FLKR is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

FLKR Performance History

How FLKR Compares to Other Single Country - Emerging ETFs