Franklin Exponential Data Etf Profile
| XDAT Etf | USD 26.62 0.23 0.87% |
Performance18 of 100
| Odds Of DistressLess than 9
|
Franklin Exponential is selling for under 26.62 as of the 24th of November 2024; that is 0.87 percent increase since the beginning of the trading day. The etf's last reported lowest price was 26.52. Franklin Exponential has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Franklin Exponential Data are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of companies that are relevant to the funds investment theme of exponential data. Franklin Exponential is traded on BATS Exchange in the United States. More on Franklin Exponential Data
Moving together with Franklin Etf
| 0.95 | VGT | Vanguard Information | PairCorr |
| 0.9 | XLK | Technology Select Sector | PairCorr |
| 0.94 | IYW | iShares Technology ETF | PairCorr |
| 0.67 | SMH | VanEck Semiconductor ETF | PairCorr |
| 0.94 | CIBR | First Trust NASDAQ | PairCorr |
Moving against Franklin Etf
Franklin Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Theme ETFs, Strategy ETFs, Technology, Franklin Templeton Investments (View all Sectors) |
| Issuer | Franklin Templeton Investments |
| Inception Date | 2021-01-12 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 5.28 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Franklin Templeton Services, LLC |
| Advisor | Franklin Advisers, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Franklin Templeton Distributors, Inc. |
| Portfolio Manager | Matthew J. Moberg, Joyce Lin |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 44.0 |
| Market Maker | Citadel |
| Total Expense | 0.5 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 22.11 |
| Name | Franklin Exponential Data ETF |
| Currency Code | USD |
| Open Figi | BBG00YPSJJZ6 |
| In Threey Volatility | 24.64 |
| 1y Volatility | 22.45 |
| 200 Day M A | 22.9324 |
| 50 Day M A | 24.4476 |
| Code | XDAT |
| Updated At | 23rd of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.31) |
| Type | ETF |
Franklin Exponential Data [XDAT] is traded in USA and was established 2021-01-12. The fund is listed under Technology category and is part of Franklin Templeton Investments family. The entity is thematically classified as Theme ETFs. Franklin Exponential Data at this time have 2.37 M in net assets. , while the total return for the last 3 years was -2.4%.
Check Franklin Exponential 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 Exponential Data 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.
Franklin Exponential Data Currency Exposure
Franklin Exponential Data holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Franklin Exponential will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Franklin Exponential Data.
Top Franklin Exponential Data Etf Constituents
| PANW | Palo Alto Networks | Stock | Information Technology | |
| ZS | Zscaler | Stock | Information Technology | |
| ZI | ZoomInfo Technologies | Stock | Communication Services | |
| TWLO | Twilio Inc | Stock | Information Technology | |
| TTD | Trade Desk | Stock | Information Technology | |
| SNOW | Snowflake | Stock | Information Technology | |
| SNAP | Snap Inc | Stock | Communication Services | |
| SBAC | SBA Communications Corp | Stock | Real Estate |
Franklin Exponential Data 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 Exponential. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.181 | |||
| Jensen Alpha | 0.1236 | |||
| Total Risk Alpha | 0.0703 | |||
| Sortino Ratio | 0.1187 |
Franklin Exponential Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Franklin Exponential Data. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of Franklin Exponential Data 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 Exponential's value that differs from its market value or its book value, called intrinsic value, which is Franklin Exponential'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 Exponential's market value can be influenced by many factors that don't directly affect Franklin Exponential'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 Exponential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Exponential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Exponential'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.