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FLGR

Franklin FTSE Germany ETF (FLGR)

Rating:68Neutral
Price Target:$35.00▲(7.39% Upside)

FLGR, the Franklin FTSE Germany ETF, earns a solid overall rating thanks to its heavy exposure to strong German blue chips like Siemens and Deutsche Boerse, which combine healthy revenue and profit growth with reasonable valuations. Additional support comes from holdings such as Munich Re and DHL Group, which add stability through solid financial performance and attractive dividends, though some names like SAP and Deutsche Telekom show bearish technical momentum and potential overvaluation that slightly temper the fund’s appeal. The main risk factor is its concentrated focus on the German market, meaning performance is closely tied to Germany’s economic and market conditions.

Positive Factors
Strong Core German Blue ChipsSeveral major holdings like SAP, Siemens, Allianz, Infineon, Deutsche Boerse, and DHL have shown strong year-to-date performance, helping support the ETF’s returns despite broader weakness.
Low Expense RatioThe fund’s low ongoing fee means less of your money goes to costs and more stays invested in the market.
Broad Sector Spread Within GermanyExposure to a mix of general, industrial, consumer, technology, financial, and health care companies helps reduce the impact if one industry in Germany struggles.
Negative Factors
Recent Weak PerformanceThe ETF has shown weak returns over the past month, three months, and year to date, which may signal ongoing pressure in German stocks.
High Country ConcentrationWith almost all assets in Germany and only a small slice in the USA, investors are heavily exposed to the economic and market risks of a single country.
Mixed Results Among Top HoldingsSome large positions such as Siemens Energy, Deutsche Telekom, Munich Reinsurance, and Deutsche Bank have been lagging this year, which can drag on overall fund performance.

FLGR vs. SPDR S&P 500 ETF (SPY)

AUM
37.86M
Region
Europe
Expense Ratio
0.09%
Beta
0.76
Issuer
Franklin
Inception Date
Nov 02, 2017
Dividend Yield
3.39%
Asset Class
Equity
Index Tracked
FTSE Germany RIC Capped Index

FLGR Summary

FLGR is the Franklin FTSE Germany ETF, a fund that follows the FTSE Germany RIC Capped Index and gives you broad exposure to the German stock market in one investment. It holds many types of companies, including industrial, technology, and financial firms. Well-known names in the fund include SAP and Siemens, along with major insurers and telecom companies. Someone might invest in FLGR to diversify beyond the U.S. and gain a simple way to invest in Europe’s largest economy. A key risk is that the ETF’s value can rise or fall with the German stock market and economic conditions in Germany.

How much will it cost me?

This ETF has an expense ratio of 0.09%, which means you’ll pay about $0.90 per year for every $1,000 invested. That’s lower than the average ETF because it’s a passively managed fund that tracks an index, which helps keep costs down.

What would affect this ETF?

This ETF is heavily tied to the health of Germany’s economy, so stronger industrial activity, demand for German exports, and growth in technology and financial services could support companies like SAP, Siemens, Allianz, and Deutsche Telekom. On the other hand, slower European growth, higher interest rates that pressure banks and insurers, energy or regulatory challenges affecting industrial firms, or company-specific setbacks at its largest holdings could weigh on future performance.

FLGR Top 10 Holdings

FLGR leans heavily on Germany’s corporate heavyweights, with software giant SAP and industrial powerhouse Siemens setting the tone. SAP has been rising lately, giving the fund a helpful lift, while Siemens has been more mixed, softening some of that momentum. Financial names like Allianz and Deutsche Boerse are steady-to-strong contributors, but Deutsche Bank is clearly lagging and acts as a bit of a brake. Overall, the ETF is a concentrated bet on Germany’s blue-chip industrials, tech, and financials, with performance driven by a tight cluster of homegrown leaders.

FLGR top ten holdings
NameCompany NameWeight %Market ValueMarket CapYearly GainOverall Rating
DE:SAPDE:SAPSAP SE11.92%$4.47MEUR 246.65B-6.46%66Neutral
DE:SIEDE:SIESiemens11.12%$4.17MEUR 202.50B7.55%74Outperform
DE:ALVDE:ALVAllianz9.65%$3.62MEUR 166.13B23.20%67Neutral
DE:ENRDE:ENRSiemens Energy5.57%$2.09MEUR 106.72B19.62%72Outperform
DE:DTEDE:DTEDeutsche Telekom5.22%$1.96MEUR 124.78B-4.95%67Neutral
DE:MUV2DE:MUV2Munich Reinsurance5.00%$1.88MEUR 71.34B3.66%71Outperform
DE:IFXDE:IFXInfineon Technologies AG3.86%$1.45MEUR 65.80B46.87%67Neutral
DBDBDeutsche Bank AG――――69Neutral
DE:DB1DE:DB1Deutsche Boerse3.35%$1.26MEUR 56.96B45.42%76Outperform
DE:DHLDE:DHLDHL Group3.12%$1.17MEUR 65.68B47.77%76Outperform

FLGR Technical Analysis

Technical Analysis SentimentNeutral
Last Price32.59

Price Trends

50DMA32.94Negative
100DMA32.89Negative
200DMA32.59Negative

Market Momentum

MACD-0.04Negative
RSI52.02Neutral
STOCH83.80Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FLGR, the sentiment is Neutral. The current price of 32.59 is above the 20-day moving average (MA) of 32.19, below the 50-day MA of 32.94, and below the 200-day MA of 32.59, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 52.02 is Neutral, neither overbought nor oversold. The STOCH value of 83.80 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FLGR.

FLGR Peer Comparison

Comparison Results

FLGR against its peer funds
NamePricePrice TargetAUMExpense RatioOverall Rating
FLGRFLGR$32.59$35.00(7.39% Upside)$37.86M0.09%68Neutral
EWGEWG$41.88$50.05(19.50% Upside)$1.59B0.49%68Neutral
DAXDAX$44.51$53.77(20.79% Upside)$204.03M0.20%68Neutral
FLEEFLEE$38.08$45.10(18.45% Upside)$99.74M0.09%64Neutral
FLSWFLSW$44.40$46.79(5.39% Upside)$92.69M0.09%70Neutral
FGMFGM$57.54$70.93(23.28% Upside)$87.22M0.80%66Neutral

Performance Comparison

0%10%20%FLGREWGDAXFLEEFLSWFGMDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
FLGR and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
FLGRFranklin FTSE Germany ETF32.591.344.27%
EWGiShares MSCI Germany ETF41.881.784.43%
DAXGlobal X DAX Germany ETF44.511.242.86%
FLEEFranklin FTSE Europe ETF38.084.1312.17%
FLSWFranklin FTSE Switzerland ETF44.407.0718.94%
FGMFirst Trust Germany AlphaDEX Fund57.54-0.22-0.37%
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer

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.