Key stats
About Franklin U.S. Low Volatility High Dividend Index ETF
Home page
Inception date
Mar 28, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Franklin Templeton Investments Corp.
ISIN
CA35513M1077
The fund tracks a multi-factor-weighted index that aims for high dividends and low volatility by investing in 50-100 US stocks of various market capitalizations. The starting universe consists of 3,000 US stocks of various capitalization. Based on historical and projected data, the fund employs a proprietary methodology that screens companies perceived as profitable with the potential to pay high dividends. Securities are then scored based on price and earnings volatility, selecting the highest-scoring securities. The fund sets concentration limits by capping securities to 2.5% with no sector exceeding 25%. REITs are capped at 15%. The fund may use derivatives for hedging and non-hedging purposes and short selling, as well as enter into securities lending agreements or repurchase and reverse purchase agreements. The index is reconstituted annually and rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Utilities
Consumer Non-Durables
Stocks98.78%
Finance23.70%
Utilities23.61%
Consumer Non-Durables19.32%
Health Technology5.48%
Electronic Technology5.09%
Consumer Services4.02%
Energy Minerals3.62%
Communications2.52%
Retail Trade2.40%
Distribution Services2.04%
Technology Services1.94%
Industrial Services1.88%
Consumer Durables1.09%
Process Industries0.94%
Commercial Services0.82%
Transportation0.30%
Bonds, Cash & Other1.22%
Cash1.22%
Stock breakdown by region
North America97.14%
Europe2.86%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FLVU invests in stocks. The fund's major sectors are Finance, with 23.70% stocks, and Utilities, with 23.61% of the basket. The assets are mostly located in the North America region.
FLVU top holdings are Chevron Corporation and Medtronic Plc, occupying 2.76% and 2.74% of the portfolio correspondingly.
FLVU assets under management is 12.64 M CAD. It's fallen 5.33% over the last month.
FLVU fund flows account for 10.50 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, FLVU doesn't pay dividends to its holders.
FLVU shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Mar 28, 2024, and its management style is Passive.
FLVU expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
FLVU follows the Franklin Low Volatility High Dividend Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FLVU invests in stocks.
FLVU price has fallen by −2.35% over the last month, and its yearly performance shows a 3.09% increase. See more dynamics on FLVU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.33% over the last month, showed a 3.52% increase in three-month performance and has increased by 2.58% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.33% over the last month, showed a 3.52% increase in three-month performance and has increased by 2.58% in a year.
FLVU trades at a premium (0.39%) meaning the ETF is trading at a higher price than the calculated NAV.