Franklin FTSE Latin America

FLLA

Market cap $109M

Diversification is usually a winning investment strategy, and that's proven especially true in 2025 when international stocks largely outperformed U.S. equities. While the S&P 500 is up about 15% this year, stocks in Spain have surged 40%, and South Korea is up 65%.

It's the year of foreign equities ETF diversification and performance. For many ETF issuers, their international or ex-U.S. ETF strategies have led their suites for performance amid rising domestic risks.

The Franklin FTSE Latin America ETF (FLLA) which focuses on 140 stocks from Latin America has generated returns of double-digits and outperformed global stocks this year. We ascertain how FLLA is positioned relative to its larger peer ILF. The growth landscape in Brazil looks weak with benchmark interest rates poised to rise even further.

China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singapore and Thailand the latest to be included.