Stocks/FLKR

FLKR Franklin FTSE South Korea ETF

ETFAsiaSouth KoreaBlockchain certified

$60.10

Target: $ (%)

P/E Ratio

P/E Forward

Dividend

2.07%

Market Cap

$1.02B

EPS

Consensus

ETF — canasta indexada (sin rating individual)

What they do

Franklin FTSE South Korea ETF (NYSE Arca: FLKR) is an exchange-traded fund (ETF), not an individual company. An ETF is a basket of many stocks packaged into a single instrument that you buy and sell as if it were one stock. It's issued by Franklin Templeton.

What's inside: it tracks the FTSE South Korea RIC Capped index, which gathers South Korea's large and mid-sized companies (~163 of them). By buying one share, you own a fraction of all of them at once.

The key concentration: the fund is VERY heavy in technology (~64% of the fund). Its two largest positions are Korea's memory-chip giants:

  • SK hynix (~30.7%)
  • Samsung Electronics (~20.8% + preferred shares)

Together = ~half the fund. They're followed by names like SK Square, Hyundai Motor, KB Financial, Hyundai Mobis and Shinhan Financial.

Costs and income: it charges a fee (expense ratio) of just 0.09% a year — dirt cheap, ~$9 for every $10,000. And it pays a ~2% annual dividend (distributed semiannually), which comes from the dividends paid out by the Korean companies it holds. Assets (AUM): ~$1.0 billion.

Why it joins the portfolio: even though it's a basket and not a single company, it also pays dividends — it fits the thesis of 'owning things that pay you' — and provides diversified exposure to a key economy for a minimal fee.

Why we like it

FLKR at $60.10 is the cheapest, most diversified way to get exposure to South Korea — one of the world's most important chip and hardware economies — while collecting a ~2% dividend as you wait. Specific reasons:

  • Memory-chip exposure in a single purchase: SK hynix and Samsung, ~half the fund, sit at the heart of the global AI boom (AI data centers and servers need mountains of memory, which these two manufacture). Buying FLKR is a bet on that theme without picking a single name.
  • A minimal fee (0.09%): ~$9 a year per $10,000 — among the cheapest in the market; nearly all the return stays with you.
  • The 'Korea discount': Korean stocks have historically traded cheap versus global peers (over corporate-governance issues). Reforms underway ('value-up') aim to close that discount — that's the upside catalyst.
  • It pays you dividends (~2%): unlike betting on a single growth company, this basket distributes the dividends its ~163 companies generate, twice a year.
  • Diversification: even though it's concentrated in tech, you still own ~163 companies (autos, banks, industry) instead of depending on just one. It's country exposure — cheap, and with income.

Key Risk

Risks:

  • Extreme concentration — the #1: SK hynix (~31%) and Samsung (~21%) are MORE than half the fund, and technology is ~64% of the total. If memory-chip prices fall or those two names stumble, the WHOLE ETF falls with them. It isn't really 'buying diversified Korea': it's mostly a bet on two chip giants.
  • Geopolitical risk: tensions with North Korea, regional politics and tech trade wars (Korea sits in the middle of the U.S.-China chip rivalry) can hit hard.
  • Currency risk (the won): the ETF trades in dollars but holds stocks priced in Korean won; if the won weakens against the dollar, your return drops even if the stocks rise.
  • Memory-chip cyclicality: the memory business (DRAM/NAND) is famous for its brutal boom-and-bust price cycles — when there's oversupply, margins collapse.
  • The 'Korea discount' may not close: corporate-governance reforms have been promised for years; if they don't materialize, the discount persists.
  • No active management: an ETF follows its index blindly — if the index is poorly balanced (as here, toward tech), you carry that imbalance.

This is educational and informational content, not financial advice. Always consult a qualified financial advisor before making investment decisions.

Vectorial Data picked FLKR on 2026-06-08 at $60.10.

Full Research

Franklin FTSE South Korea ETF (FLKR) — Research Completo

Precio: $60.10 | Tipo: ETF | Expense ratio: 0.09% | Div Yield: ~2.07% | AUM: ~$1.0B USD


⚠️ Esto es un ETF, no una empresa

FLKR es una canasta de ~163 empresas de Corea del Sur empaquetada en un solo instrumento. No tiene CEO ni un solo negocio: es exposición diversificada a un país. Emisor: Franklin Templeton. Índice: FTSE South Korea RIC Capped.

Qué contiene (top 10, ~jun 2026)

#EmpresaPeso
1SK hynix30.7%
2Samsung Electronics20.8%
3SK Square3.4%
4Samsung Electro-Mechanics2.6%
5Hyundai Motor2.6%
6Samsung Electronics (pref.)2.2%
7KB Financial Group1.6%
8Doosan Enerbility1.2%
9Hyundai Mobis1.2%
10Shinhan Financial1.2%

Top 2 (SK hynix + Samsung) ≈ 51% del fondo. Top 10 ≈ 67.5%.

Sectores

SectorPeso
Tecnología63.75%
Industriales14.13%
Financieras7.30%
Consumo cíclico6.17%
Resto~8.65%

Datos clave

MétricaValor
Expense ratio0.09% (~$9 por $10,000/año)
Dividend yield (TTM)~2.07% (distribución semestral)
AUM~$1.0 mil millones
Nº de holdings~163

Anchor Fact

Aunque este fondo tiene 163 empresas coreanas, solo DOS —SK hynix y Samsung— son casi la mitad de todo. Comprarlo no es tanto 'ser dueño de un pedacito de Corea' como apostarle a los dos gigantes que fabrican los chips de memoria que van dentro de los teléfonos, los centros de datos y los servidores de IA del mundo entero. Y a diferencia de comprar una sola acción de crecimiento, esta canasta te paga ~2% al año en dividendos.

Top Risks

  • Concentración extrema — SK hynix + Samsung = ~la mitad; tech = ~64%
  • Riesgo geopolítico — Corea del Norte, rivalidad EE.UU.-China en chips
  • Riesgo de moneda (won) — cotiza en USD, holdings en wones
  • Ciclicidad de los chips de memoria — auges y caídas brutales
  • El 'descuento Corea' puede no cerrarse — reformas prometidas hace años

¿Por qué entra al portafolio?

Es el primer ETF del portafolio. Aunque es una canasta y no una sola empresa, también paga dividendos (~2%), encaja con la tesis de 'tener cosas que te pagan', y da exposición barata (0.09%) y diversificada a una economía de chips clave.

Tesis en una línea

La forma más barata (0.09%) de tenerle exposición a Corea del Sur y a sus gigantes de chips de memoria (SK hynix, Samsung) en una sola compra —cobrando ~2% de dividendo mientras esperas el cierre del 'descuento Corea'—.

Research fecha: 08 Jun 2026 | Próxima revisión: Dic 2026

Esto no es asesoría financiera.

More picks in ETF

See all ETF picks →

More picks from South Korea

See all picks from South Korea →
Researched: 6/8/2026Updated: 6/8/2026Next review: 12/8/2026

This is not financial advice. Consult a certified financial advisor.

The author may hold positions in the securities discussed.

Past performance does not guarantee future results.