Franklin Templeton Launches US Mega Cap 100 ETF for European Investors

• With this new ETF investors can target the 100 largest US companies by providing a nimble solution to dial up equity market exposure or implement a risk-on

Franklin Templeton is pleased to announce the launch of its new Franklin US Mega Cap 100 UCITS ETF. The new ETF is designed to provide investors with targeted exposure to the top 100 US mega-cap stocks which are the leading companies from the world’s largest equity market. This offering is a further addition to the Franklin Templeton ETF range and brings the total number of its indexed ETFs to 28 and dedicated US Equity exposure ETFs to five.

The new ETF will track the Solactive US Mega Cap 100 Select Index³, which in turn tracks the performance of the 100 largest companies within the Solactive GBS United States 500 Index. The selection is based on total market capitalization.  Companies involved in controversial weapons are excluded. By weighting components according to their free-float market capitalisation, the index aims to ensure broad market representation while maintaining diversification.

Caroline Baron, Head of ETF Distribution, EMEA, Franklin Templeton, commented: “Looking back 30 years, the largest 100 securities in US equities have captured greater market upside than a broader index such as the S&P 500. This ETF can be utilised by investors as a nimble tool to dial up US equity market exposure or quickly implement a risk-on trade, offering a distinct risk-return profile.”

Key Features of the Franklin US Mega Cap 100 UCITS ETF

• Enhanced Performance Potential: The new ETF will focus on the top 100 US mega-cap stocks, which have historically outperformed broader indices.
• Targeted Exposure: It will provide a strategic tool for investors to overweight the largest growth names in the US market.
• Cost-Effective: The new ETF offers a cost-efficient solution for accessing the top US mega-cap equities with a total expense ratio (TER) of 0.09%

The new ETFs will be managed by Dina Ting, Head of Global Index Portfolio Management, and Lorenzo Crosato, ETF Portfolio Manager, who have more than three decades of combined experience in the asset management industry and proven track records in managing ETF strategies.

Matt Harrison, Head of Americas (ex-US), Europe and UK, added: “Franklin Templeton is dedicated to building out its ETF range to provide investors with a diverse array of tools to achieve their investment goals. The launch of the Franklin US Mega Cap 100 UCITS ETF exemplifies this commitment. This new ETF not only offers attractive performance potential but also serves as a strategic tool for investors to overweight the largest growth names in the US market.”

Lotfi Ladjemi, Vice President, ETF Distribution, added: “This ETF expands the range of US equity solutions offered by Franklin Templeton ETF, which currently include multifactor, Paris-aligned, high dividend, and low-tracking ESG.”

Rafaelle Lennox, Head of UCITS ETF Product Strategy, Franklin Templeton, pointed out: “The US equity market remains a powerhouse in global investing, fueled by ongoing innovation and strong earnings growth. By focusing on the leading 100 companies by market capitalization, this exposure will adapt and evolve to represent the underlying US equity market as it changes over time.”

Franklin Templeton’s global ETF platform enables investors to pursue their desired investment outcomes through a range of indexed and active ETFs. Supported by the strength and resources of one of the world’s largest asset managers, the global ETF platform has approximately $35 billion in assets under management globally as of 31 March 2025.