Franklin FTSE United Kingdom ETF (FLGB) is a Europe-focused ETF. As of October 28, 2026, ETF Copilot scores FLGB 6.0 out of 10 — highest on Risk (7.3), lowest on Growth (5.0). It trades at 15.8 times earnings, against its own median of 15.5. Its ten largest holdings are 51% of the fund.
What stands out in FLGB's data
A low-cost ETF targeting large and mid-cap UK equities.
Trades cheaper than most European peers — you pay less for each unit of earnings.
EBITDA multiple of 8.3x is among the cheapest in the category, well under the 10.4x median. Return on equity of 13.3% trails the 16.0% norm, so the low price comes with below-average profitability.
Adds targeted exposure to UK stocks at a discounted valuation, offering a potential value tilt within a European allocation.
Why did FLGB move this week? It fell 0.7% in the week to October 28, 2026 — Compass and Rolls-Royce drove it
FLGB fell 0.7% in the week to October 28, 2026. The holdings that moved it most were Compass (−24.7%), Rolls-Royce (−5.7%) and GSK (−2.8%); BAE Systems (+3.9%) pushed the other way.
How is FLGB rated? ETF Copilot scores Franklin FTSE United Kingdom ETF (FLGB) 6.0 out of 10
As of October 28, 2026, ETF Copilot scores Franklin FTSE United Kingdom ETF (FLGB) 6.0 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.0 / 10
- Growth: 5.0 / 10
- Value: 6.7 / 10
- Risk: 7.3 / 10
- Quality: 5.5 / 10
- Return: 6.2 / 10
Is FLGB expensive right now? It trades at 15.8 times earnings, against its own median of 15.5
As of October 28, 2026, FLGB is more expensive than 56% of its own last 9 years.
Trailing 12 months, built from FLGB's holdings. How we calculate this →
What's inside FLGB?
What's inside FLGB: Size (Large 84%, Mid 16%, Small 0%); Geography (International 100%, US 0%); Tech 0.4%.
What are FLGB's top holdings? The ten largest are 51% of the fund
Shell, HSBC, AstraZeneca, Rolls-Royce, Unilever, BP, British American Tobacco, GSK, Rio Tinto and National Grid are FLGB's largest holdings, in that order.
More concentrated than 52% of Europe ETFs.
Half of FLGB's weight sits in its 10 largest positions, and once those weights are taken into account it behaves like 26 equally weighted holdings.
What is FLGB's expense ratio? 0.09% a year
As of October 28, 2026, FLGB charges 0.09% a year, yields 2.91% and holds $869M in assets across 85 positions.
| Measure | FLGB |
|---|---|
| Expense ratio | 0.09% |
| Dividend yield | 2.91% |
| Assets under management | $869M |
| Holdings | 85 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Franklin FTSE United Kingdom ETF (FLGB) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/flgb
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