Franklin Core Dividend Etf Profile

UDIV Etf  USD 45.17  0.32  0.71%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 9

 
High
 
Low
Low
Franklin Core is selling for under 45.17 as of the 11th of October 2024; that is 0.71 percent increase since the beginning of the trading day. The etf's lowest day price was 44.82. Franklin Core has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Franklin Core Dividend are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of September 2024 and ending today, the 11th of October 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its assets in the component securities of the index. Franklin is traded on NYSEARCA Exchange in the United States. More on Franklin Core Dividend

Moving together with Franklin Etf

  1.0VTI Vanguard Total StockPairCorr
  1.0SPY SPDR SP 500 Aggressive PushPairCorr
  1.0IVV iShares Core SPPairCorr
  0.89VTV Vanguard Value IndexPairCorr
  0.91VUG Vanguard Growth IndexPairCorr

Moving against Franklin Etf

  0.35AMPD Tidal Trust IIPairCorr

Franklin Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationHigh Dividend Yield ETFs, Strategy ETFs, Franklin Templeton Investments (View all Sectors)
IssuerFranklin Templeton Investments
Inception Date2016-06-01
BenchmarkMorningstar US Dividend Enhanced Select Index
Entity TypeRegulated Investment Company
Asset Under Management35.66 Million
Asset TypeEquity
CategoryStrategy
FocusHigh Dividend Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorFranklin Templeton Services, LLC
AdvisorFranklin Advisory Services, LLC
CustodianState Street Bank and Trust Company
DistributorFranklin Distributors, LLC
Portfolio ManagerDina Ting, Hailey Harris, Joe Diederich, Basit Amin
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents284
Market MakerSusquehanna
Total Expense0.06
Management Fee0.06
200 Day M A40.7501
Country NameUSA
50 Day M A43.3159
CodeUDIV
Updated At10th of October 2024
NameFranklin U.S. Core Dividend Tilt Index ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG00D0YQTN9
TypeETF
Franklin Core Dividend [UDIV] is traded in USA and was established 2016-06-01. The fund is listed under Franklin Templeton Investments family. The entity is thematically classified as High Dividend Yield ETFs. Franklin Core Dividend at this time have 41.32 M in net assets. , while the total return for the last 3 years was 3.84%.
Check Franklin Core Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Franklin Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Franklin Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Franklin Core Dividend Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Franklin Core Dividend Etf Constituents

XOMExxon Mobil CorpStockEnergy
NVDANVIDIAStockInformation Technology
AAPLApple IncStockInformation Technology
GOOGLAlphabet Inc Class AStockCommunication Services
MSFTMicrosoftStockInformation Technology
METAMeta PlatformsStockCommunication Services
LLYEli Lilly andStockHealth Care
AVGOBroadcomStockInformation Technology
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Franklin Core Dividend Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Franklin Core. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Franklin Core Against Markets

When determining whether Franklin Core Dividend is a strong investment it is important to analyze Franklin Core's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin Core's future performance. For an informed investment choice regarding Franklin Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Franklin Core Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Franklin Core Dividend is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Core's value that differs from its market value or its book value, called intrinsic value, which is Franklin Core's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Core's market value can be influenced by many factors that don't directly affect Franklin Core's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Core's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.