Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM)
Franklin Emerging Market Core Dividend Tilt Index ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $42.05, up 1.54% on the session, giving a market capitalisation of $92.5M. Its beta of 1.04 implies it has historically moved more than the broad market.
Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the Morningstar® Emerging Markets Target Market Exposure Index (Parent Index) and is constructed by applying an optimization process to the Parent Index that aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index.
Franklin Emerging Market Core Dividend Tilt Index ETF is most often compared with the following Financial Services names: