Franklin ETFs Weekly Feature
Published: May 7, 2026
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
There was no change to the Franklin International Rotation Model this week, so we look at the Franklin FTSE Japan ETF (FLJP).

There was no change to the Franklin International Rotation Model this week.

International equities are continuing to put on a strong showing in 2026, and the Asia-Pacific region has been one of the strongest areas within the broader international space. The Franklin International Rotation model currently holds an 60% allocation to Asian equities, but those seeking additional ideas could look at the Franklin FTSE Japan ETF (FLJP). It holds a strong fund score of 5.20, in addition to a positive score direction of 1.2. The fund recently moved to its second consecutive buy signal over the last week with a break of a double top at $39. FLJP has traded in a positive trend for over a year while also exhibiting relative strength over domestic equities, as represented by the S&P 500 Equal Weight. Those looking to buy could do so here, with initial support lying at $37, then again from $35 to $34. Lastly, FLJP holds a strong yield of 4.66% for those needing income.

 

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DISCLOSURE

Franklin Templeton Distributors has arranged with Dorsey Wright to provide this specialized ETF model which holds the Franklin LibertyShares ETFs. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included therein, are created and provided solely by Dorsey, Wright & Associates. Such analysis, models and rankings should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security, including Franklin LibertyShares ETF shares. Neither Franklin Templeton Distributors nor Dorsey Wright through this ETF page provide investment advice or recommendations regarding any security, fund or market. The percentage of the portfolio devoted to any ETF is at the sole discretion of the financial advisor or the customer, and not Dorsey, Wright & Associates or Franklin Templeton Distributors. If you are not familiar with the Point & Figure methodology, we suggest you read “Point & Figure Charting, 4th Edition” by Thomas J. Dorsey. If you are not familiar with the Franklin LibertyShares ETF product, or Exchange Traded Funds (ETFs), we suggest you visit www.libertyshares.com. The relative strength strategy is NOT a guarantee. There may be times where all investments and strategies are unfavorable and depreciate in value. Relative strength is not predictive and there is no assurance that forecasts based on relative strength can be relied upon.