Franklin ETFs Weekly Feature
Published: May 21, 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 Equity Rotation Model this week, so we look at the Franklin FTSE United Kingdom ETF (FLGB)

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

International equities remain arguably the hottest asset class, with the group maintaining its top spot in DALI’s ranks. Although some developed markets have slowed down, specific areas still display high levels of strength. Those needing more developed market exposure could look towards the Franklin FTSE United Kingdom ETF (FLGB). It holds a fund score of 4.74, which is 0.31 points higher than the average Non-US Equity fund. FLGB has traded on a positive trend since 2022 and has been on a buy signal for over a year. On a relative basis, it holds both near- and long-term relative strength versus domestic equities, sitting on an RS buy signal and column of Xs versus the S&P 500 Equal Weight Index (SPXEWI). The fund now sits in highly actionable territory near the middle of its ten-week trading band, with initial support located at $33.50 then $32. FLGB also has a strong yield of 3.27 for those seeking 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.