- Issuer
- Franklin
- Inception Date
- Sep 27, 2018
- Category
- China Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Franklin FTSE Asia ex China ex Japan UCITS ETF
- Distribution Policy
- Accumulating
- Asset Class
- Equity
Share Price Chart
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Performance
FLQA.L Performance Chart
Franklin FTSE Asia ex China ex Japan UCITS ETF (FLQA.L) is up 32.5% since the beginning of the year. FLQA.L is currently trading at $42 per share. Investors who bought $1,000 worth of FLQA.L shares 5 years ago would now be looking at an investment worth $1,812.
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Returns By Period
Franklin FTSE Asia ex China ex Japan UCITS ETF (FLQA.L) has returned 32.52% so far this year and 52.26% over the past 12 months.
Franklin FTSE Asia ex China ex Japan UCITS ETF
- 1D
- -1.74%
- 1M
- -9.13%
- 6M
- 26.58%
- YTD
- 32.52%
- 1Y
- 52.26%
- 3Y*
- 25.15%
- 5Y*
- 12.63%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.38%
- 1M
- 0.24%
- 6M
- 9.32%
- YTD
- 10.62%
- 1Y
- 21.28%
- 3Y*
- 18.90%
- 5Y*
- 11.84%
- 10Y*
- 13.36%
FLQA.L Monthly Returns History
Based on dividend-adjusted daily data since Sep 27, 2018, FLQA.L's average daily return is +0.04%, while the average monthly return is +0.91%. At this rate, an investment would double in approximately 6.4 years.
Historically, 56% of months were positive and 44% were negative. The best month was Apr 2026 with a return of +19.6%, while the worst month was Mar 2026 at -13.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FLQA.L closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +7.4%, while the worst single day was Mar 12, 2020 at -11.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.45% | 10.63% | -13.59% | 19.63% | 14.21% | 1.42% | -8.59% | 32.52% | |||||
| 2025 | -0.00% | -5.06% | 0.30% | 2.29% | 6.63% | 7.21% | 0.92% | -0.48% | 5.78% | 7.65% | -1.78% | 3.78% | 29.84% |
| 2024 | -2.57% | 3.19% | 3.53% | -1.15% | 1.38% | 6.51% | 1.20% | 0.71% | 2.00% | -3.99% | -1.56% | -1.26% | 7.76% |
| 2023 | 6.21% | -4.44% | 3.08% | 1.00% | -4.09% | 2.94% | 4.33% | -5.07% | -0.34% | -3.91% | 6.93% | 5.87% | 12.02% |
| 2022 | -1.21% | 0.83% | -1.35% | -3.61% | 0.27% | -6.15% | -0.24% | -1.22% | -9.16% | -3.58% | 14.05% | -0.79% | -12.93% |
| 2021 | 1.04% | 1.79% | 2.37% | 0.69% | 2.65% | -2.66% | -4.06% | 2.23% | -0.83% | -1.49% | -1.52% | 4.62% | 4.57% |
Benchmark Metrics
Franklin FTSE Asia ex China ex Japan UCITS ETF has an annualized alpha of 4.63%, beta of 0.48, and R2 of 0.26 versus S&P 500 Index. Calculated based on daily prices since September 27, 2018.
- This ETF participated in 68.31% of S&P 500 Index downside but only 64.10% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.48 may look defensive, but with R2 of 0.26 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.26 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.63%
- Beta
- 0.48
- R²
- 0.26
- Upside Capture
- 64.10%
- Downside Capture
- 68.31%
Expense Ratio
FLQA.L has an expense ratio of 0.14%, which is considered low.
Return for Risk
Risk / Return Rank
FLQA.L ranks 80 for risk / return — better than 80% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Franklin FTSE Asia ex China ex Japan UCITS ETF (FLQA.L) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLQA.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.31 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.75 | 2.35 | +1.40 |
| Martin ratioReturn relative to average drawdown | 11.86 | 10.19 | +1.67 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin FTSE Asia ex China ex Japan UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Franklin FTSE Asia ex China ex Japan UCITS ETF was 29.21%, occurring on Mar 23, 2020. Recovery took 170 trading sessions.
The current Franklin FTSE Asia ex China ex Japan UCITS ETF drawdown is 12.64%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-29.21%Mar 2020 | 2mo 3d | 8mo 5d | 10mo 8dJan 2020 - Nov 2020 | COVID crash2020 |
-26.24%Oct 2022 | 1y 5mo | 1y 6mo | 2y 11moJun 2021 - May 2024 | Bear market2022 |
-22.19%Apr 2025 | 6mo 11d | 2mo 16d | 8mo 27dSep 2024 - Jun 2025 | 2025 selloff2025 |
-13.77%Mar 2026 | 1mo 3d | 17d | 1mo 20dFeb 2026 - Apr 2026 | — |
-12.64%Jul 2026 | 23d | — | 23dJun 2026 - now | — |
Drawdown Indicators
| FLQA.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.21% | -56.78% | +27.57% |
Max Drawdown (1Y)Largest decline over 1 year | -13.77% | -9.10% | -4.67% |
Max Drawdown (3Y)Largest decline over 3 years | -22.19% | -18.90% | -3.29% |
Max Drawdown (5Y)Largest decline over 5 years | -25.38% | -25.43% | +0.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -12.64% | -0.49% | -12.15% |
Average DrawdownAverage peak-to-trough decline | -7.22% | -10.70% | +3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.36% | 2.09% | +2.27% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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