There was no change to the Franklin International Equity Rotation model this week, so we look at the Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM).
There was no change to the Franklin International Equity Rotation model this week.
International equities remain at the top of DALI as the strongest asset class, but within the asset class, emerging markets continue to lead the way to the upside. Those looking to gain more exposure to the group could look toward the Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM). The fund is on a streak of four consecutive buy signals, and it has traded in a positive trend dating back to early 2024. On a relative basis, DIEM has held near-term and long-term relative strength versus domestic equities (SPXEWI) dating back to 2025. As a result, DIEM holds a strong fund score of 5.74, which is 0.97 points higher than the average emerging markets fund. While the fund was previously in overbought territory, it has since pulled back to more actionable territory. Initial support for the fund lies around $41.50, with additional support close below at $40.50. DIEM also has more of a dividend focus, offering a solid yield of 2.35%.
