Franklin FTSE Competition

FLAX Etf

USD 30.56 -0.62 -1.99%

Franklin FTSE Asia competes with Pacer Trendpilot, Neuberger Berman, KraneShares Emerging, Roundhill GLP, and Franklin Templeton and other related companies. Return on equity for Franklin FTSE looks different when stacked against the top and bottom of its peer set.

Pair Correlation for Franklin FTSE and Day HaganNed Overview

Very poor diversification

Across the chosen horizon, Franklin FTSE and Day HaganNed show a correlation of 0.89 and fall into the Very poor diversification bucket. The overlap area shows the portion of risk that can be diversified away by holding both instruments together.

Moving together with Franklin Etf

0.86	BBAX	JPMorgan BetaBuilders	Pair Corr
1.0	AAXJ	iShares MSCI All	Pair Corr
0.92	EPP	iShares MSCI Pacific	Pair Corr
0.97	AIA	iShares Asia 50	Pair Corr
0.85	GMF	SPDR SAMPP Emerging	Pair Corr

Moving against Franklin Etf

0.47	BOED	Direxion Daily BA	Pair Corr
0.45	MDBX	Tradr 2X Long	Pair Corr
0.42	AVGG	Leverage Shares 2X	Pair Corr

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Experienced market participants anticipate that Franklin FTSE's price will even out over time. Periods when Franklin FTSE's deviates significantly from its historical mean may warrant further fundamental analysis.

Hype

Prediction

Low	Estimated	High
29.17	30.56	31.95

Details

Intrinsic

Valuation

Low	Real	High
29.46	30.85	32.24

Details

Naive

Forecast

Low	Next	High
29.74	31.14	32.53

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
29.87	32.03	34.20

Details

Analyzing Franklin FTSE in isolation is insufficient for informed investment decisions. This peer-relative view often uncovers mispricing that single-company analysis would miss.

Franklin FTSE Competition Correlation Matrix

Competition correlation for Franklin FTSE Asia matters because related securities often respond to the same industry, factor, or macro drivers even when their business stories differ. The useful question is whether competitors are behaving like true alternatives or simply tracking the same sector move with different volatility.

	PTEU	NBJP	KEMQ	OZEM	XUDV	HOMZ	NIXT	CEFZ	NTSE	SSXU
PTEU		0.71	0.75	0.72	0.46	0.84	0.73	0.92	0.67	0.93	PTEU
NBJP	0.71		0.18	0.15	0.92	0.57	0.86	0.61	0.93	0.9	NBJP
KEMQ	0.75	0.18		0.91	-0.07	0.71	0.34	0.83	0.24	0.53	KEMQ
OZEM	0.72	0.15	0.91		-0.14	0.8	0.31	0.83	0.1	0.49	OZEM
XUDV	0.46	0.92	-0.07	-0.14		0.34	0.8	0.38	0.91	0.74	XUDV
HOMZ	0.84	0.57	0.71	0.8	0.34		0.66	0.91	0.45	0.75	HOMZ
NIXT	0.73	0.86	0.34	0.31	0.8	0.66		0.72	0.81	0.85	NIXT
CEFZ	0.92	0.61	0.83	0.83	0.38	0.91	0.72		0.56	0.84	CEFZ
NTSE	0.67	0.93	0.24	0.1	0.91	0.45	0.81	0.56		0.87	NTSE
SSXU	0.93	0.9	0.53	0.49	0.74	0.75	0.85	0.84	0.87		SSXU
	PTEU	NBJP	KEMQ	OZEM	XUDV	HOMZ	NIXT	CEFZ	NTSE	SSXU

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High positive correlations

SSXU	+ 0.93	PTEU
NTSE	+ 0.93	NBJP
CEFZ	+ 0.92	PTEU
XUDV	+ 0.92	NBJP
OZEM	+ 0.91	KEMQ
NTSE	+ 0.91	XUDV

High negative correlations

XUDV	- 0.14	OZEM
XUDV	- 0.07	KEMQ

Franklin FTSE Constituents Risk-Adjusted Indicators

Strong recent returns in Franklin Etf do not always mean Franklin FTSE ETF is outperforming peers on business quality. Risk-adjusted metrics help compare Franklin FTSE's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PTEU	0.84	0.02	0.00	-0.05	0.00	0.00	1.71	-3.03	5.32
NBJP	1.06	0.13	0.08	0.06	1.48	-1.08	2.40	-2.59	7.00
KEMQ	1.39	0.01	0.00	-0.05	0.00	0.00	3.24	-2.94	10.05
OZEM	1.09	-0.09	0.00	-0.15	0.00	0.00	2.14	-2.53	7.52
XUDV	0.59	0.11	0.19	0.11	0.60	-0.65	1.08	-1.16	3.34
HOMZ	0.94	-0.13	0.00	0.53	0.00	0.00	2.35	-1.80	5.67
NIXT	0.98	0.13	0.09	0.04	1.18	-1.03	2.10	-2.28	6.58
CEFZ	0.46	0.01	0.00	-0.04	0.00	0.00	0.75	-1.21	2.57
NTSE	1.10	0.23	0.12	0.12	1.55	-1.06	2.83	-2.19	7.70
SSXU	0.75	0.05	0.04	-0.01	1.23	-0.64	1.59	-1.64	5.26

Franklin FTSE Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	FLAX	PTEU	NBJP	KEMQ	OZEM	XUDV	HOMZ	NIXT	CEFZ	NTSE
	1.99 30.56 Franklin	0.54 29.60 Pacer	0.44 32.09 Neuberger	1.71 22.44 KraneShares	0.30 29.94 Roundhill	0.36 27.91 Franklin	2.55 42.29 Hoya	1.07 27.48 Research	0.25 7.88 RiverNorth	1.41 39.81 WisdomTree
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Mild	Weak	Mild	Weak	Weak	Moderate	Weak	Soft	Weak	Contained
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Under Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Buy	Hold	Strong Hold	Strong Hold	Hold	Strong Buy	Strong Sell	Buy	Strong Hold	Strong Buy
Equity Positions Weight	99.15	0.09	N/A	99.51	N/A	N/A	99.55	N/A	N/A	60.32
Three Year Return	16.8	8.5	N/A	17.6	N/A	N/A	11.8	N/A	N/A	16.7
Net Asset	30.29 M	46.03 M	N/A	30.51 M	N/A	N/A	33.18 M	N/A	99.39 M	29.15 M
Five Year Return	4.3	6.7	N/A	-5.8	N/A	N/A	5.1	N/A	N/A	N/A
One Year Return	33.4	4.9	28.3	24.0	25.0	16.9	-2.3	16.9	N/A	32.1
Last Dividend Paid	0.076	0.94	N/A	0.42	N/A	N/A	0.036	N/A	0.18	N/A
Ten Year Return	N/A	3.1	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Beta	0.91	0.88	N/A	1.32	N/A	N/A	1.26	N/A	0.87	0.95
Day Typical Price	30.65	29.54	32.1	22.37	29.94	27.89	42.34	27.34	7.89	39.81
Accumulation Distribution	85.25	22.16	17.26	247.73	102.85	102.78	0.0075	13.4	43.56	21.51
Market Facilitation Index	0.0	2.0E-4	1.0E-4	0.0	0.0	0.0	0.32	5.0E-4	0.0	2.0E-4
Daily Balance Of Power	-2.38	-0.46	0.5385	-1.95	-0.29	0.3125	3.28125	0.6905	0.3333	-1.46
Period Momentum Indicator	-0.62	-0.16	0.14	-0.39	-0.09	0.1	1.05	0.29	0.02	-0.57
Rate Of Daily Change	0.98	0.99	1.0	0.98	1.0	1.0	1.03	1.01	1.0	0.99
Day Median Price	30.69	29.51	32.11	22.34	29.95	27.88	42.36	27.27	7.9	39.82
Price Action Indicator	-0.44	0.015	0.05	-0.1	-0.05	0.08	0.45	0.36	-0.01	-0.29
Relative Strength Index	45.48	40.98	44.53	40.05	30.93	48.88	36.27	49.59	40.98	46.65
Coefficient Of Variation	1122.62	-4,084	1923.04	-2,893	-1,069	874.18	-1,102	2242.56	-5,111	954.78
Mean Deviation	0.9823	0.8429	1.06	1.39	1.09	0.5893	0.9395	0.9777	0.4561	1.1
Jensen Alpha	0.1833	0.0156	0.131	0.0143	-0.09	0.1148	-0.13	0.1281	0.0107	0.2258
Total Risk Alpha	0.2159	0.0528	0.1766	0.0685	-0.03	0.1301	-0.03	0.1454	0.0246	0.2657
Sortino Ratio	0.1134	N/A	0.0839	N/A	N/A	0.1865	N/A	0.0873	N/A	0.1202
Downside Variance	2.36	N/A	2.34	N/A	N/A	0.5393	N/A	1.59	N/A	3.11
Standard Deviation	1.36	1.18	1.44	1.82	1.52	0.7298	1.2	1.27	0.5954	1.51
Kurtosis	1.31	1.88	0.4679	1.11	1.85	-0.26	0.2239	0.6078	-0.03	1.49
Potential Upside	2.58	1.71	2.4	3.24	2.14	1.08	2.35	2.1	0.7547	2.83
Treynor Ratio	0.0969	-0.05	0.0623	-0.05	-0.15	0.113	0.5322	0.0364	-0.04	0.1217
Maximum Drawdown	6.76	5.32	7.0	10.05	7.52	3.34	5.67	6.58	2.57	7.7
Variance	1.84	1.4	2.07	3.33	2.33	0.5327	1.45	1.62	0.3545	2.29
Market Risk Adjusted Performance	0.1069	-0.04	0.0723	-0.04	-0.14	0.123	0.5422	0.0464	-0.03	0.1317
Risk Adjusted Performance	0.0768	-0.02	0.0469	-0.02	-0.07	0.0924	-0.07	0.04	-0.02	0.0903
Skewness	-0.49	-0.86	-0.31	-0.42	-0.14	0.0412	0.4957	0.2022	-0.66	-0.66
Semi Deviation	1.33	N/A	1.48	N/A	N/A	0.5961	N/A	1.18	N/A	1.55
Information Ratio	0.1285	0.0207	0.0891	-0.01	-0.06	0.1877	-0.05	0.0867	0.0703	0.1401
Value At Risk	-2.07	-3.03	-2.59	-2.94	-2.53	-1.16	-1.80	-2.28	-1.21	-2.19
Expected Short fall	-1.05	N/A	-1.08	N/A	N/A	-0.65	N/A	-1.03	N/A	-1.06
Downside Deviation	1.54	N/A	1.53	N/A	N/A	0.7344	N/A	1.26	N/A	1.76
Semi Variance	1.78	N/A	2.19	N/A	N/A	0.3553	N/A	1.39	N/A	2.41

Franklin FTSE Competition Peer Performance Charts

How to Analyze Franklin FTSE Against Peers

Franklin FTSE's peer analysis compares Franklin FTSE with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether Franklin FTSE trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where Franklin FTSE leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

Franklin FTSE generates higher gross margins than most of its direct competitors, which points to pricing power or a leaner cost base. Relative comparison helps show where Franklin FTSE is stronger or weaker against peers.

Data shown for Franklin FTSE Asia is aggregated from fund disclosures and market reference feeds and normalized across reporting formats. Source publication timing can introduce delays.

This content is curated and reviewed by:

Ellen Johnson - Member of Macroaxis Editorial Board

Last reviewed on March 24th, 2026

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Franklin FTSE Competition

Pair Correlation for Franklin FTSE and Day HaganNed Overview

Moving together with Franklin Etf

Moving against Franklin Etf

Specify up to 10 symbols:

Franklin FTSE Competition Correlation Matrix

High positive correlations

High negative correlations

Franklin FTSE Constituents Risk-Adjusted Indicators

Franklin FTSE Competitive Analysis

Franklin FTSE Competition Peer Performance Charts

How to Analyze Franklin FTSE Against Peers

Peer Comparison Metrics & Methodology

This content is curated and reviewed by:

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