Franklin FTSE Brazil ETF (FLBR)
| Assets | $441.23M |
| Expense Ratio | 0.19% |
| PE Ratio | 11.19 |
| Shares Out | 17.40M |
| Dividend (ttm) | $1.47 |
| Dividend Yield | 6.10% |
| Ex-Dividend Date | Dec 30, 2025 |
| Payout Ratio | 68.22% |
| 1-Year Return | +54.39% |
| Volume | 103,366 |
| Open | 24.09 |
| Previous Close | 24.26 |
| Day's Range | 23.94 - 24.27 |
| 52-Week Low | 14.60 |
| 52-Week High | 24.45 |
| Beta | 0.72 |
| Holdings | 79 |
| Inception Date | Nov 3, 2017 |
About FLBR
Fund Home PageThe Franklin FTSE Brazil ETF (FLBR) is an exchange-traded fund that is based on the FTSE Brazil RIC Capped index. The fund tracks a market cap-weighted index of Brazilian large- and mid-cap stocks. FLBR was launched on Nov 3, 2017 and is issued by Franklin Templeton.
Top 10 Holdings
52.30% of assets| Name | Symbol | Weight |
|---|---|---|
| Vale S.A. | VALE3 | 11.49% |
| Itaú Unibanco Holding S.A. | ITUB4 | 9.60% |
| Petróleo Brasileiro S.A. - Petrobras | PETR4 | 6.57% |
| Petróleo Brasileiro S.A. - Petrobras | PETR3 | 5.76% |
| Banco Bradesco S.A. | BBDC4 | 4.03% |
| B3 S.A. - Brasil, Bolsa, Balcão | B3SA3 | 3.48% |
| Itaúsa S.A. | ITSA4 | 3.18% |
| WEG S.A. | WEGE3 | 2.79% |
| Banco BTG Pactual S.A. | BPAC11 | 2.74% |
| Ambev S.A. | ABEV3 | 2.65% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.45986 | Jan 8, 2026 |
| Dec 19, 2025 | $0.57299 | Dec 29, 2025 |
| Jun 20, 2025 | $0.4353 | Jun 27, 2025 |
| Dec 20, 2024 | $0.56321 | Dec 30, 2024 |
| Jun 21, 2024 | $0.52283 | Jun 28, 2024 |
| Dec 15, 2023 | $0.71723 | Dec 26, 2023 |
News
Investing In Brazil Through A Local Lens: Beyond The Bull Narrative
Brazilian equities (EWZ, FLBR) face a nuanced bull case driven by foreign capital inflows and anticipated interest rate cuts from 15% to 10.5% by 2027. Despite a 53% BRL rally in the Ibovespa, local i...
Latin American Stocks Are Back on the Map. The Road Could Still Be Bumpy.
Investors poured twice as much into emerging markets in January as in all of 2025, betting on a weaker dollar and hedging U.S. risk.
FLBR: Brazil's Resilience Amid Economic Setbacks
Franklin FTSE Brazil ETF remains attractively valued despite outperforming emerging markets by over 10 percentage points in 2025. FLBR targets mid- and large-cap Brazilian stocks, with an average mark...
FLBR: Still Cheap, But Not As Compelling As Before (Rating Downgrade)
FLBR, which offers cost-efficient access to 71 Brazilian stocks, is up by 22% since we last covered it, but a shift in stance may now be warranted. The Brazilian macroeconomic backdrop is looking quit...
50% Tariff On Brazilian Products: This Is What You Should Do With Your Brazilian Assets
I recommend holding assets tracking major Brazilian indices despite new US tariffs, given heightened uncertainty and market volatility. Trump's 50% tariff on all Brazilian products will significantly ...
FLBR: What Happened In Turkey Could Happen Again In Brazil
I recommend holding the Franklin FTSE Brazil ETF due to improved momentum but caution over potential political volatility. President Lula's declining approval and potential trial of former President B...
FLBR: Why Brazilian Equities Are A Strong Buy
FLBR: Why Brazilian Equities Are A Strong Buy
FLBR: Skeptical Vision Comes True
Recommend holding Franklin FTSE Brazil ETF due to inflation exceeding targets and increasing complexity in Brazilian investments. The government's spending cut package fell short, raising skepticism a...
FLBR: Skeptical View As Inflation Nears Target
I am downgrading my recommendation to hold the Franklin FTSE Brazil ETF due to deteriorating factors like the dollar and electricity prices in Brazil. Despite Brazilian assets being historically cheap...
FLBR: Exaggerated Pessimism Opens Up An Opportunity
Lula's attacks on Central Bank independence led to Brazil's poor performance in emerging markets, but similar speeches in 2023 resulted in a rally.
FLBR- Taking A Positive Stance Now
FLBR has delivered negative returns of 17% and underperformed emerging markets and global stocks in 2024. Despite the adverse performance so far, we are now prepared to turn more optimistic on FLBR as...
FLBR: Exceptional Value Threatened By Lula's Long Arm
FLBR offers a strong value profile with a high dividend yield (9.33% in 2023), trading at 1.5x book value and 8x earnings. However, there are concerns about Brazilian President Lula's interventionist ...
Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures
Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.
Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets
China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singa...
FLBR: Wait On The Sidelines
The Franklin FTSE Brazil ETF offers low-cost access to mid-and-large-cap Brazilian stocks. We touch upon a few differing characteristics of FLBR in relation to its largest peer- EWZ. Brazilian macros ...
FLBR: Mixed Indicators, Cheap Brazilian Equities, Opportunities Ahead
Franklin FTSE Brazil closely mirrors the performance of the FTSE Brazil Capped Index, making it an attractive option for investors seeking RIC concentration requirements. FLBR is concentrated in the f...
FLBR: Low-Cost Exposure To Brazil Stocks
The Franklin FTSE Brazil ETF invests across the most important Brazilian companies. We highlight key advantages of FLBR compared to the larger iShares MSCI Brazil ETF including a lower expense ratio a...
FLBR: Time To Look At Brazil Again Ahead Of A Likely Monetary Policy Pivot
Brazil's key economic indicators are now moving in the right direction. A sooner-than-expected policy pivot may be on the horizon. The heavily discounted Franklin FTSE Brazil ETF is poised to benefit.
Uneven Impact Of High Interest Rates: Brazil Manufacturing Struggles While Service Thrives
The Brazilian economy avoided entering a technical recession in the opening quarter of 2023, with a growth rate of 1.9% largely beating market expectations. PMI data up to May so far point to sustaine...
Brazil's Inflation Falls And There May Be Room For Easing Monetary Policy This Year
Annual inflation in Brazil reached 4.7% in March, the lowest since January 2021, as the impact of external shocks continues to vanish. Brazil's inflationary environment remains under pressure.
FLBR: Fiscal Issues Remain The Key Overhang On Brazilian Equities
FLBR: Fiscal Issues Remain The Key Overhang On Brazilian Equities.
Brazil Beckons With Low Valuations And Growth Potential
In the fog of domestic political and fiscal uncertainty, investors may still find Brazil equities poised to benefit from structural growth trends within their industries. We believe the tide is turnin...
Investment Opportunities In Latin America
The MSCI Latin America Index has performed better than the MSCI Emerging Market Index cumulatively over the past 5 and 7 years as well as over longer time periods, buoyed by its natural resource compa...
Franklin FTSE Brazil ETF: A Bumpy Ride Ahead
The Franklin FTSE Brazil ETF offers US investors a low-cost vehicle to access Brazilian equities. Given the market cap-weighted index it tracks is heavy on mining and O&G, as well as SOEs, the ETF is ...