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Franklin FTSE Europe ETF (FLEE)
Look-through valuation · Country · Expense ratio 0.09 % · ISIN US35473P6521
Price history (since 2017)
Monthly close since 2017. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| ASML Holding N.V. ASML | 4.8 % | −69.0 % | 79 |
| HSBC Holdings PLC HSBA | 2.4 % | n/a | n/a |
| Roche Holding AG ROP | 2.1 % | −0.8 % | 79 |
| Novartis AG NOVN | 2.0 % | +12.9 % | 86 |
| AstraZeneca PLC AZN | 1.8 % | n/a | n/a |
| Shell plc SHEL | 1.7 % | n/a | n/a |
| Nestle S.A. NESN | 1.7 % | −28.8 % | 69 |
| Siemens Aktiengesellschaft SIE | 1.5 % | −48.8 % | 59 |
| Banco Santander S.A. SAN | 1.3 % | +4.4 % | 69 |
| Allianz SE VNA O.N. ALV | 1.3 % | −14.2 % | 69 |
| TotalEnergies SE FP | 1.2 % | n/a | n/a |
| Schneider Electric S.E. SU | 1.1 % | −51.2 % | 64 |
| UBS Group AG UBSG | 1.1 % | n/a | n/a |
| Iberdrola S.A. IBE | 1.1 % | −56.0 % | 57 |
| Novo Nordisk A/S Class B 0QIU | 1.1 % | n/a | n/a |
| Rolls-Royce Holdings PLC RR | 1.0 % | −32.1 % | 74 |
| ABB Ltd ABBN | 1.0 % | −55.1 % | 76 |
| SAP SE SAP | 1.0 % | −17.0 % | 64 |
| Banco Bilbao Vizcaya Argentaria SA BBVA | 1.0 % | n/a | n/a |
| UniCredit S.p.A. UCG | 0.9 % | +15.9 % | 70 |
| Airbus Group SE AIR | 0.9 % | n/a | n/a |
| Siemens Energy AG ENR | 0.9 % | −76.5 % | 56 |
| Unilever PLC ULVR | 0.9 % | −11.9 % | 69 |
| LVMH Moët Hennessy - Louis Vuitton MC | 0.9 % | n/a | n/a |
| Air Liquide SA AI | 0.9 % | −59.7 % | 63 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 50 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +22.2 % below FV
- 2 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +17.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +9.8 % below FV
- 4 SHRY First Trust Bloomberg Shareholder Yield ETF +2.2 % below FV
- 5 COWZ Pacer US Cash Cows 100 ETF -0.3 % above FV
- 6 C001 Amundi Core DAX UCITS ETF Dist -2.4 % above FV
- 7 XLC Communication Services Select Sector SPDR® Fund -4.2 % above FV
- 8 EWP iShares MSCI Spain ETF -4.8 % above FV
- 9 FTXO First Trust Nasdaq Bank ETF -6.0 % above FV
- 10 KRE SPDR® S&P Regional Banking ETF -8.9 % above FV
How the look-through works
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Franklin FTSE Europe ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Jul 28, 2026
No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.