Franklin FTSE Asia ex Japan ETF (FLAX) Research
This ETF strives to replicate the returns of the FTSE Asia ex Japan RIC Capped Index (the FTSE Asia ex Japan Capped Index) as accurately as possible, before accounting for its own fees and expenses.
Market snapshot
- Symbol
- FLAX
- Price
- $38.71
- Day change
- +3.15%
- Market cap
- $53.5M
- 52-week range
- 25.03-38.83
- Sector
- Financial Services
- Industry
- Asset Management - Global
Recent news
- Why Japan's $70 billion-plus intervention and a rate hike didn't prop up the yen more
Japan spent about $73 billion on foreign exchange intervention and the Bank of Japan has raised rates, but the yen remains near 160 against the dollar. A wide U.S.-Japan rate gap, carry trades and Prime Minister Sanae Takaichi's reflationary stance continue to weigh on the currency.
- Goldman Sachs says AI and energy resilience are creating a North-South divide in Asian markets
Investors are focusing on AI developments in North Asia. China is coming out of more than three years of deflation measured by the producer price index.
Peer companies
- RiverNorth Active Income ETF (CEFZ)
- Hoya Capital Housing ETF (HOMZ)
- KraneShares Emerging Markets Consumer Technology ETF (KEMQ)
- Neuberger Berman Japan Equity ETF (NBJP)
- Research Affiliates Deletions ETF (NIXT)
- WisdomTree Emerging Markets Efficient Core Fund (NTSE)
- Roundhill Investments - GLP-1 & Weight Loss ETF (OZEM)
- Pacer Trendpilot European Index ETF (PTEU)
Open Franklin FTSE Asia ex Japan ETF (FLAX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.