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Franklin FTSE Switzerland (FLSW)Overvalued or undervalued?
Look-through valuation · Country · Expense ratio 0.09 % · ISIN US35473P6943
Price history (since 2018)
Monthly close since 2018. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Novartis AG NOVN | 13.9 % | −12.5 % | 85 |
| Roche Holding AG ROP | 13.9 % | n/a | n/a |
| Nestle S.A. NESN | 11.5 % | −26.4 % | 69 |
| ABB Ltd ABBN | 6.9 % | −62.8 % | 74 |
| UBS Group AG UBSG | 4.9 % | n/a | n/a |
| Compagnie Financière Richemont SA CFR | 3.9 % | −34.9 % | 70 |
| Zurich Insurance Group AG ZURN | 3.7 % | −44.6 % | 63 |
| Swiss Re AG SREN | 2.9 % | −4.2 % | 52 |
| Lonza Group AG LONN | 2.8 % | −55.4 % | 55 |
| Holcim Ltd LHN | 2.4 % | n/a | n/a |
| Galderma Group N GALD | 2.1 % | −66.2 % | 66 |
| Sika AG SIKA | 2.1 % | −47.8 % | 59 |
| Sandoz Group AG SDZ | 2.0 % | −44.3 % | 56 |
| Alcon AG ALC | 2.0 % | n/a | n/a |
| Swiss Life Holding AG SLHN | 1.8 % | −54.4 % | 58 |
| Givaudan SA GIVN | 1.7 % | −54.4 % | 70 |
| Geberit AG GEBN | 1.3 % | −45.5 % | 78 |
| Chocoladefabriken Lindt & Spruengli AG Part LISP | 1.2 % | −45.6 % | 63 |
| Amerize Inc. AMRZ | 1.2 % | n/a | n/a |
| Helvetia Holding AG HELN | 1.1 % | n/a | n/a |
| Swisscom AG SCMN | 1.1 % | −26.7 % | 58 |
| VAT Group AG VACN | 1.1 % | −77.8 % | 80 |
| SGS SA SGSN | 1.1 % | −24.9 % | 65 |
| Julius Baer Gruppe AG BAER | 1.1 % | −35.5 % | 54 |
| Partners Group Holding AG PGHN | 1.0 % | −7.3 % | 80 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 48 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +65.2 % below FV
- 2 CHIQ Global X MSCI China Consumer Disc ETF +56.4 % below FV
- 3 FXI iShares China Large-Cap ETF +52.9 % below FV
- 4 KWEB KraneShares CSI China Internet ETF +44.4 % below FV
- 5 FLCH Franklin FTSE China ETF +38.3 % below FV
- 6 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +29.9 % below FV
- 7 MCHI iShares MSCI China ETF +28.1 % below FV
- 8 ITB iShares U.S. Home Construction ETF +18.6 % below FV
- 9 TAN Invesco Solar ETF +17.9 % below FV
- 10 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +8.4 % below FV
Frequently asked about FLSW
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What is the fair value of FLSW?
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How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Franklin FTSE Switzerland ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Sep 4, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.