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FLAXvsNUEMETF Comparison

ETF 1
FLAX

Franklin FTSE Asia ex Japan ETF

This fund is part of
Global Blended Cap
+0.81%
VS
ETF 2
NUEM

NuShares ESG Emerging Markets Equity ETF

This fund is part of
EM Large & Mid Cap
+1.41%

Franklin FTSE Asia ex Japan ETF (FLAX) belongs to the Global Blended Cap segment. NuShares ESG Emerging Markets Equity ETF (NUEM) is part of the EM Large & Mid Cap segment. FLAX's top 3 sector exposures are Information Technology, Financials and Consumer Discretionary. In contrast, NUEM's top sector exposures are Information Technology, Financials and Industrials. FLAX is less expensive with a Total Expense Ratio (TER) of 0.19%, versus 0.36% for NUEM. FLAX is up 23.83% year-to-date (YTD) with +$6M in YTD flows. NUEM performs worse with 16.74% YTD performance, and +$8M in YTD flows. Run a side-by-side ETF comparison of FLAX and NUEM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FLAX vs NUEM performance and flow charts

Performance

-4.0-2.00.02.04.06.0%May 12May 19May 27Jun 3Jun 10

Cumulative Flows

May 12May 19May 27Jun 3Jun 10

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Historic performance and flows
Data as of 06/12/2026
1M3MYTD1Y3Y5Y
Perf.
FLAX
NUEM
+1.22%-0.39%
+15.93%+12.59%
+23.83%+16.74%
+45.38%+33.16%
+83.93%+63.82%
+39.91%+28.20%
Flows
FLAX
NUEM
--
-+$4M
+$6M+$8M
+$6M-$6M
+$2M+$17M
+$7M+$191M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FLAX
NUEM
+29.48%+25.79%
+20.84%+18.42%
+17.57%+16.22%
+17.95%+16.76%
Max drawdown
FLAX
NUEM
-8.99%-6.50%
-13.64%-12.01%
-16.29%-15.73%
-38.54%-37.04%
Max drawdown duration
FLAX
NUEM
20d21d
57d51d
247d244d
1480d1485d
Trading data

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FLAX
NUEM
Last sale
6/12/2026 at 5:07 PM
$36.91
$41.72
Previous close
06/12/2026
$36.78
$41.48
Consolidated volume
06/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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FLAX
NUEM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/12/2026 at 5:07 PM
Live
Closed
FLAX
NUEM
Last price
$36.91
$41.72
1D performance
+0.35%
+0.58%
AuM$51.15 M$381.97 M
E/R0.19%0.36%
Characteristics
FLAX
NUEM
Management strategyPassivePassive
ProviderFranklin TempletonNuveen
BenchmarkFTSE Asia ex Japan RIC Capped IndexMSCI TIAA ESG Emerging Markets Equity Index
N° of holdings1327100
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
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Inception dateFebruary 6, 2018June 7, 2017
ESGNoYes
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Exposure

Countries

FLAX
Taiwan
26.38%
Republic of Korea
20.97%
India
15.23%
Cayman Islands
12.93%
China
11.67%
Other
12.82%
NUEM
Taiwan
26.02%
Republic of Korea
17.05%
China
10.31%
Cayman Islands
9.1%
Other
37.52%

Sectors

FLAX
Information Techn.
39.72%
Financials
16.68%
Consumer Discreti.
10.17%
Industrials
7.74%
Other
25.7%
NUEM
Information Techn.
31.7%
Financials
14.94%
Other
53.36%
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Diversification

FLAX

Total weight of top 15 holdings out of 15

41.94%
NUEM

Total weight of top 15 holdings out of 15

42.2%

Top 15 holdings

Data as of April 30, 2026
FLAX
TWN SEMICONT MAN
15.98%
SAMSUNG ELECTR
6.56%
SK HYNIX
4.32%
TENCENT HOLDINGS
3.45%
ALIBABA GROUP HOLDING LTD
2.71%
DELTA ELECTRONIC
1.12%
MEDIATEK INC
1.03%
AIA
1.00%
CHINA CONSTRUCTION BANK
0.91%
RELIANCE INDUSTRIES
0.90%
HDFC BANK
0.87%
DBS GROUP HOLDINGS
0.81%
SAMSUNG ELEC-1P PRF
0.80%
HON HAI PRECISION INDUSTRY
0.79%
PINDUODUO INC ADR
0.69%
NUEM
TWN SEMICONT MAN
15.97%
DELTA ELECTRONIC
3.13%
TENCENT HOLDINGS
2.99%
SAMSUNG SDI
2.35%
AVC
2.31%
SK SQUARE CO LTD
2.13%
CHINA CONSTRUCTION BANK
2.10%
INDUSTRIAL COMMERC BK CHINA
1.71%
UNITED MICRO
1.66%
PING AN
1.45%
DOOSAN ENERBILITY
1.35%
HDFC BANK
1.34%
CM BANK
1.26%
AGRICULTURAL BANK OF CHINA
1.26%
NETEASE INC
1.19%
Frequently asked questions about FLAX and NUEM

How have the FLAX and NUEM ETFs performed in 2026?

As of June 12, 2026, FLAX is up 23.83% year-to-date (YTD), while NUEM has returned 16.74%. That puts FLAX better performer ahead so far this year.

Which ETF is attracting more investor money: FLAX or NUEM?

Year-to-date, the FLAX ETF saw +$6M in flows, compared to +$8M for NUEM.

Which ETF is more volatile: FLAX or NUEM?

Over the past year, FLAX had a volatility of 20.84%, while NUEM experienced 18.42%.

Which ETF is bigger: FLAX or NUEM?

As of June 12, 2026, FLAX holds $51.15 M in assets under management (AUM), while NUEM manages $381.97 M.

What sectors do the FLAX and NUEM ETFs invest in?

FLAX leans toward sectors like Information Technology, Financials and Consumer Discretionary. Meanwhile, NUEM focuses on Information Technology and Financials.

What are the top holdings of the FLAX ETF and NUEM ETF?

FLAX top holdings include TWN SEMICONT MAN, SAMSUNG ELECTR and SK HYNIX. NUEM holds in its top three: TWN SEMICONT MAN, DELTA ELECTRONIC and TENCENT HOLDINGS.

Which ETF is more diversified: FLAX or NUEM?

FLAX holds 1445 securities with 41.94% of its assets in the top 15. NUEM has 101 securities and a top 15 weight of 42.2%.

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