There were no changes to the Franklin International Rotation Model this week, so we look at the Franklin FTSE India ETF (FLIN).

There were no changes to the Franklin International Rotation Model this week.

The resurgence of international equities has been one of the most surprising developments so far in 2025, as most foreign regions are outpacing the S&P 500 (SPX) by a decent margin. One of the more notable examples of international equities rebounding comes from India, which has dramatically turned around since the end of February. The Franklin FTSE India ETF (FLIN) is up more than 10% since the start of March, significantly improving its relative strength in the process. FLIN holds a strong 4.58 fund score, which is 1.65 points higher than the average Emerging Market Equity representative, in addition to being 0.68 points greater than the average India fund. The fund also possesses a sharply positive score direction of 2.23, highlighting its improvement this year. FLIN trades in a positive trend dating back to 2020, in addition to holding both long and near-term relative strength versus domestic markets. With its recent turnaround, the fund also completed a buy signal late last week for the first time since September. Those looking to add exposure could look to do so after some consolidation or a pullback near the middle of the trading band around $35.50 given the FLIN’s slightly elevated overbought/oversold (OBOS) reading north of 75%. Initial support for the fund lies at $35 then $34.