Franklin FTSE Switzerland ETF (FLSW) is a Europe-focused ETF. As of October 9, 2026, ETF Copilot scores FLSW 4.8 out of 10 — highest on Quality (7.5), lowest on Value (2.7). It trades at 22.6 times earnings, against its own median of 20.3. Its ten largest holdings are 67% of the fund.
What stands out in FLSW's data
Switzerland's largest listed companies, spanning pharmaceuticals, food, and industrials.
Its valuation is exceptionally high relative to peers.
Trailing P/E multiple of 22.6x, versus the category median of 16.0x.
A blue-chip European sleeve that pairs with a broader global core.
Why did FLSW move this week? It rose 0.9% in the week to October 9, 2026 — Roche and Novartis drove it
FLSW rose 0.9% in the week to October 9, 2026. The holdings that moved it most were Roche (+3.1%), Novartis (+2.0%) and Nestle (+1.3%); Sika (−5.8%) pushed the other way.
How is FLSW rated? ETF Copilot scores Franklin FTSE Switzerland ETF (FLSW) 4.8 out of 10
As of October 9, 2026, ETF Copilot scores Franklin FTSE Switzerland ETF (FLSW) 4.8 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.8 / 10
- Growth: 5.6 / 10
- Value: 2.7 / 10
- Risk: 5.9 / 10
- Quality: 7.5 / 10
- Return: 2.7 / 10
Is FLSW expensive right now? It trades at 22.6 times earnings, against its own median of 20.3
As of October 9, 2026, FLSW is more expensive than 86% of its own last 9 years.
Trailing 12 months, built from FLSW's holdings. How we calculate this →
What's inside FLSW?
What's inside FLSW: Size (Large 82%, Mid 18%, Small 0%); Geography (International 100%, US 0%); Tech 1.1%.
What are FLSW's top holdings? The ten largest are 67% of the fund
Roche, Novartis, Nestle, UBS, ABB, CIE Financiere Richemo, Zurich Insurance, Lonza, Swiss RE and Holcim are FLSW's largest holdings, in that order.
More concentrated than 82% of Europe ETFs.
Half of FLSW's weight sits in its 5 largest positions, and once those weights are taken into account it behaves like 14 equally weighted holdings.
What is FLSW's expense ratio? 0.09% a year
As of October 9, 2026, FLSW charges 0.09% a year, yields 2.40% and holds $81M in assets across 49 positions.
| Measure | FLSW |
|---|---|
| Expense ratio | 0.09% |
| Dividend yield | 2.40% |
| Assets under management | $81M |
| Holdings | 49 |
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 Switzerland ETF (FLSW) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/flsw
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