Franklin Systematic Style Premia ETFFranklin Systematic Style Premia ETFFranklin Systematic Style Premia ETF

Franklin Systematic Style Premia ETF

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Key stats


Assets under management (AUM)
‪345.54 M‬USD
Fund flows (1Y)
‪154.76 M‬USD
Dividend yield (indicated)
1.16%
Discount/Premium to NAV
−0.1%
Shares outstanding
‪14.15 M‬
Expense ratio
0.65%

About Franklin Systematic Style Premia ETF


Brand
Franklin
Inception date
Dec 18, 2019
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisers, Inc.
Distributor
Franklin Distributors LLC
FLSP is a first for Franklin Templeton in the Alternatives space. The funds portfolio allocates assets across two underlying alternative investment strategies. The first is a top-down risk premia strategy focusing on four style factors: quality, value, momentum and carry assuming both long and short positions across equity, fixed income, commodity and currencies using derivatives. The second strategy is a bottom-up long/short equity strategy focused on quality, value and momentum. FLSP will primarily hold equity securities and total return swaps for short exposure. The fund is actively risk-managed, seeking a target annualized volatility of 8%. Investors should anticipate a higher portfolio turnover rate which may indicate higher transaction costs and taxes if shares are held in a taxable account. Prior to Aug. 1, 2022, the fund traded under the name Franklin Liberty Systematic Style Premia ETF.

Classification


Asset Class
Alternatives
Category
Hedge fund strategies
Focus
Global macro
Niche
Risk premia
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Finance
Cash
Stocks67.25%
Technology Services12.21%
Finance10.42%
Health Technology7.76%
Electronic Technology7.04%
Retail Trade4.95%
Transportation3.13%
Producer Manufacturing2.76%
Consumer Services2.37%
Utilities2.28%
Consumer Non-Durables2.11%
Process Industries1.96%
Non-Energy Minerals1.88%
Communications1.80%
Energy Minerals1.60%
Consumer Durables1.57%
Commercial Services1.02%
Distribution Services0.92%
Industrial Services0.92%
Health Services0.55%
Bonds, Cash & Other32.75%
Cash30.57%
Miscellaneous2.18%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to FLSP via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FLSP trades at 24.35 USD today, its price has risen 0.16% in the past 24 hours. Track more dynamics on FLSP price chart.
FLSP net asset value is 24.43 today — it's risen 1.58% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FLSP assets under management is ‪345.54 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FLSP price has risen by 0.49% over the last month, and its yearly performance shows a 2.82% increase. See more dynamics on FLSP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.58% over the last month, showed a 1.71% increase in three-month performance and has increased by 5.51% in a year.
FLSP fund flows account for ‪154.76 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FLSP invests in stocks. See more details in our Analysis section.
FLSP expense ratio is 0.65%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FLSP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FLSP technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FLSP shows the buy signal. See more of FLSP technicals for a more comprehensive analysis.
Yes, FLSP pays dividends to its holders with the dividend yield of 1.16%.
FLSP trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FLSP shares are issued by Franklin Resources, Inc.
FLSP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 18, 2019.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.