DIEM

Franklin Emerging Market Core Dividend Tilt Index ETF

$33.43
+0.00%
Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) seeks to track the performance of an index that provides exposure to emerging market companies with a focus on higher dividend-paying stocks.

Overview

ETF tracking Franklin Emerging Market Core Dividend Tilt Index ETF

Issuer Other
Inception Date 2016-06-03
Market Cap $23.4M
Average Volume N/A
Dividend Yield 2.68%
52-Week Range $24.08 - $33.71
VWAP $33.43

Performance

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Investment Summary

📎 Investment Objective

The Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) seeks to track the performance of an index that provides exposure to emerging market companies with a focus on higher dividend-paying stocks.

🎯 Investment Strategy

The ETF seeks to replicate the performance of the Franklin Emerging Market Core Dividend Tilt Index, which is designed to overweight companies with higher dividend yields within the emerging markets universe. The index uses a rules-based approach to tilt the portfolio towards higher dividend-paying stocks while maintaining broad emerging market exposure.

✨ Key Features

  • Provides exposure to emerging market equities with a focus on higher dividend-paying companies
  • Uses a rules-based index methodology to tilt the portfolio towards higher dividend stocks
  • Aims to deliver a portfolio with a higher dividend yield compared to a broad emerging market index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Emerging market risk: Investing in emerging markets can be subject to greater volatility and political, economic, and regulatory uncertainty
  • Dividend risk: There is no guarantee that the companies held in the portfolio will continue to pay dividends or that the dividend yield of the fund will remain elevated
  • Concentration risk: The fund's focus on higher dividend-paying stocks may result in a more concentrated portfolio compared to a broad emerging market index
  • Currency risk: Investors are exposed to fluctuations in the value of foreign currencies relative to the U.S. dollar

👤 Best For

This ETF may be suitable for investors seeking exposure to emerging market equities with a focus on higher dividend-paying companies as part of a diversified portfolio. It may be particularly attractive for investors looking to generate income from their emerging market allocation. However, investors should be aware of the higher risks associated with emerging markets and the potential for increased volatility.