Franklin Euro Short Maturity UCITS ETF (FLES.L)

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Franklin Euro Short Maturity UCITS ETF (FLES.L) is up 0.9% since the beginning of the year. FLES.L is currently trading at €26 per share. Investors who bought €1,000 worth of FLES.L shares 5 years ago would now be looking at an investment worth €1,115.

Franklin Euro Short Maturity UCITS ETF (FLES.L) has returned 0.86% so far this year and 1.80% over the past 12 months.

Based on dividend-adjusted daily data since Jun 27, 2018, FLES.L's average daily return is +0.01%, while the average monthly return is +0.11%. At this rate, an investment would double in approximately 52.5 years.

Historically, 71% of months were positive and 29% were negative. The best month was Dec 2023 with a return of +0.6%, while the worst month was Mar 2020 at -1.9%. The longest winning streak lasted 36 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FLES.L closed higher 38% of trading days. The best single day was Jul 9, 2018 with a return of +1.2%, while the worst single day was Jul 10, 2018 at -1.1%.

Franklin Euro Short Maturity UCITS ETF has an annualized alpha of 1.27%, beta of 0.01, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since June 27, 2018.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (4.09%) than losses (0.32%) - typical of diversified or defensive assets.
• Beta of 0.01 may look defensive, but with R2 of 0.02 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.02 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FLES.L ranks 87 for risk / return — in the top 87% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

Franklin Euro Short Maturity UCITS ETF provided a 1.92% dividend yield over the last twelve months, with an annual payout of €0.49 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Franklin Euro Short Maturity UCITS ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Franklin Euro Short Maturity UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Franklin Euro Short Maturity UCITS ETF was 4.50%, occurring on Mar 19, 2020. Recovery took 816 trading sessions.

The current Franklin Euro Short Maturity UCITS ETF drawdown is 0.12%.

The chart below shows the rolling one-month volatility.