Franklin FTSE Europe Hedged ETF (FLEH) belongs to the Europe Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FLEH. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLEH
FLEH charges 0.09% annually. There are 2 ETFs in the Europe Equities category with lower expense ratios, going as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard FTSE Europe ETF | 0.06% | 37.90B | Mar 2005 | FLEH vs VGK | |
| SPDR Portfolio Europe ETF | 0.07% | 728.27M | Oct 2002 | FLEH vs SPEU | |
| Franklin FTSE Eurozone ETF | 0.09% | 71.74M | Nov 2017 | FLEH vs FLEU | |
| Franklin FTSE Germany ETF | 0.09% | 38.36M | Nov 2017 | FLEH vs FLGR | |
| JPMorgan BetaBuilders Europe ETF | 0.09% | 9.36B | Jun 2018 | FLEH vs BBEU |
Best Risk-Adjusted Alternatives to FLEH
FLEH has a PortfoliosLab risk / return rank of 54. There are 33 ETFs in the Europe Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust RiverFront Dynamic Europe ETF | 92 | 100.00K | Apr 2016 | FLEH vs RFEU | |
| First Trust STOXX European Select Dividend Index F... | 91 | 887.35M | Aug 2007 | FLEH vs FDD | |
| iShares MSCI Austria ETF | 89 | 178.07M | Mar 1996 | FLEH vs EWO | |
| iShares MSCI Spain ETF | 88 | 2.12B | Mar 1996 | FLEH vs EWP | |
| WisdomTree European Opportunities Fund | 88 | 282.42M | Mar 2015 | FLEH vs OPPE |
Top Performing FLEH Alternatives (YTD)
FLEH is at 10.71% YTD. There are 25 ETFs in the Europe Equities category with higher YTD returns, going as high as 26.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI Norway ETF | 26.15% | 95.75M | Jan 2012 | FLEH vs ENOR | |
| Global X MSCI Norway ETF | 24.77% | 87.72M | Nov 2010 | FLEH vs NORW | |
| iShares MSCI Austria ETF | 23.93% | 178.07M | Mar 1996 | FLEH vs EWO | |
| Portfolio Building Block European Banks Index ETF | 23.70% | 438.81M | Nov 2025 | FLEH vs PBEU | |
| iShares MSCI Poland ETF | 22.93% | 730.89M | May 2010 | FLEH vs EPOL |
Lowest Volatility Alternatives to FLEH
FLEH has 17.73% 1-year volatility. There are 32 ETFs in the Europe Equities category with lower 1-year volatility, going as low as 7.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust RiverFront Dynamic Europe ETF | 7.02% | 100.00K | Apr 2016 | FLEH vs RFEU | |
| Xtrackers MSCI Europe Hedged Equity Fund | 13.13% | 772.43M | Oct 2013 | FLEH vs DBEU | |
| ProShares MSCI Europe Dividend Growers ETF | 14.07% | 8.35M | Sep 2015 | FLEH vs EUDV | |
| WisdomTree European Opportunities Fund | 14.34% | 282.42M | Mar 2015 | FLEH vs OPPE | |
| First Trust Switzerland AlphaDEX Fund | 14.50% | 36.64M | Feb 2012 | FLEH vs FSZ |
Lowest Drawdown Alternatives to FLEH
FLEH has a 1-year max drawdown of -13.41%. There are 32 ETFs in the Europe Equities category with shallower 1-year drawdowns, going as shallow as -4.83%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust RiverFront Dynamic Europe ETF | -4.83% | 100.00K | Apr 2016 | FLEH vs RFEU | |
| WisdomTree European Opportunities Fund | -8.83% | 282.42M | Mar 2015 | FLEH vs OPPE | |
| First Trust STOXX European Select Dividend Index F... | -9.39% | 887.35M | Aug 2007 | FLEH vs FDD | |
| Xtrackers MSCI Europe Hedged Equity Fund | -9.81% | 772.43M | Oct 2013 | FLEH vs DBEU | |
| iShares MSCI United Kingdom ETF | -9.92% | 4.14B | Mar 1996 | FLEH vs EWU |
Other ETFs from Franklin Templeton
The 10 most viewed Franklin Templeton ETFs shown here include LVHI, FLIN, FLKR and span 11 categories. AUM among these funds goes as high as $5B.
Often Compared With FLEH
Investors most often compare FLEH with FLEE, GCC, PSK. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FLEH with Any Fund or Stock
Compare FLEH with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLEH with funds that move differently
Franklin FTSE Europe Hedged ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLEH.
Explore FLEH Diversifiers