FLCA - ETF AI Analysis
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Franklin FTSE Canada ETF (FLCA)
FLCA, the Franklin FTSE Canada ETF, earns a solid overall rating thanks to its heavy exposure to strong Canadian banks like Royal Bank of Canada and Toronto-Dominion, which show resilient earnings, reasonable valuations, and supportive technical trends. Energy names such as Canadian Natural and Suncor also boost the fund’s quality with robust financial performance, operational efficiency, and consistent dividends, while holdings like Enbridge add income but bring higher leverage and financial challenges that slightly weigh on the rating. The main risk factor is the ETF’s concentration in Canada’s financial and energy sectors, which can make performance more sensitive to domestic economic conditions, interest rates, and commodity price swings.
FLCA vs. SPDR S&P 500 ETF (SPY)
- AUM
- 855.96M
- Region
- North America
- Expense Ratio
- 0.09%
- Beta
- 0.60
- Issuer
- Franklin
- Inception Date
- Nov 02, 2017
- Dividend Yield
- 1.70%
- Asset Class
- Equity
- Index Tracked
- FTSE Canada RIC Capped Index
FLCA Summary
FLCA, the Franklin FTSE Canada ETF, tracks the FTSE Canada RIC Capped Index and gives you broad exposure to the Canadian stock market in a single investment. It holds companies of all sizes across many sectors, with a big focus on banks and energy. Well-known names inside the fund include Royal Bank of Canada and Shopify. Someone might invest in FLCA to easily add Canadian diversification and potential long-term growth to their portfolio. A key risk is that the ETF is heavily tied to Canada’s economy and can go up or down with the Canadian stock market.
How much will it cost me?
The Franklin FTSE Canada ETF (FLCA) has an expense ratio of 0.09%, meaning you’ll pay $0.90 per year for every $1,000 invested. This is lower than average because it’s a passively managed fund that tracks an index, which typically costs less to operate than actively managed funds.
What would affect this ETF?
The Franklin FTSE Canada ETF (FLCA) could benefit from strong performance in Canada's financial sector, which makes up a significant portion of its holdings, as well as potential growth in energy and materials driven by global demand for resources. However, it may face challenges from fluctuating commodity prices, regulatory changes in the energy sector, or economic slowdowns that impact the Canadian market. Additionally, interest rate hikes could negatively affect financial stocks, which are heavily weighted in this ETF.
FLCA Top 10 Holdings
FLCA is powered by Canada’s big banks, with Royal Bank, TD, and Bank of Montreal forming the core engine of the fund. These financial heavyweights have been generally rising over the year, though their recent trading has been a bit choppy, so they’re more steady workhorses than sprinting stars. Energy names like Suncor and Canadian Natural are giving the ETF an extra boost, while Enbridge has been lagging and weighing slightly on returns. Shopify adds a tech twist but its mixed, recently weaker performance shows this is still very much a Canada-first, bank-and-resources story.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 RY | Royal Bank Of Canada | ― | ― | ― | ― | 75Outperform |
 SHOP | Shopify | ― | ― | ― | ― | 77Outperform |
 TSE:TD | Toronto Dominion Bank | 6.20% | $53.26M | CAD 287.65B | 53.76% | 74Outperform |
 TSE:BMO | Bank Of Montreal | 3.69% | $31.74M | CAD 164.25B | 34.82% | 74Outperform |
 TSE:BNS | Bank Of Nova Scotia | 3.53% | $30.35M | CAD 159.50B | 44.06% | 77Outperform |
 TSE:CNQ | Canadian Natural | 3.43% | $29.52M | CAD 156.88B | 79.10% | 81Outperform |
 ENB | Enbridge | ― | ― | ― | ― | 69Neutral |
 TSE:CM | Canadian Bank of Commerce | 3.23% | $27.76M | CAD 144.25B | 40.98% | 74Outperform |
 AEM | Agnico Eagle | ― | ― | ― | ― | 80Outperform |
 SU | Suncor Energy | ― | ― | ― | ― | 77Outperform |
FLCA Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FLCA, the sentiment is Positive. The current price of 54.12 is above the 20-day moving average (MA) of 52.96, above the 50-day MA of 54.09, and above the 200-day MA of 51.59, indicating a bullish trend. The MACD of -0.12 indicates Negative momentum. The RSI at 57.05 is Neutral, neither overbought nor oversold. The STOCH value of 84.43 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FLCA.
FLCA Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| FLCA | $54.12 | $60.00(10.86% Upside) | $855.96M | 0.09% | 74Outperform |
 BBCA | $104.28 | $118.94(14.06% Upside) | $11.56B | 0.19% | 74Outperform |
 EWC | $60.58 | $69.26(14.33% Upside) | $7.36B | 0.50% | 74Outperform |
 SYLD | $84.07 | $94.79(12.75% Upside) | $1.00B | 0.59% | 69Neutral |
 HLAL | $73.33 | $91.18(24.34% Upside) | $982.17M | 0.50% | 76Outperform |
 SEUS | $25.75 | $30.96(20.21% Upside) | $943.98M | 0.30% | 73Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FLCA | Franklin FTSE Canada ETF | 54.12 | 9.48 | 21.23% | |
| BBCA | JPMorgan BetaBuilders Canada ETF | 104.28 | 18.58 | 21.68% | |
| EWC | iShares MSCI Canada ETF | 60.58 | 10.54 | 21.07% | |
| SYLD | Cambria Shareholder Yield ETF | 84.07 | 17.75 | 26.76% | |
| HLAL | Wahed FTSE USA Shariah ETF | 73.33 | 12.95 | 21.45% | |
| SEUS | SEI QiM U.S. Equity Factor Allocation Active ETF | 25.75 | 0.48 | 1.92% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.