- Issuer
- Franklin Templeton
- Inception Date
- Oct 9, 2018
- Region
- Middle East (Saudi Arabia)
- Category
- Emerging Markets Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- FTSE Saudi Arabia RIC Capped Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $5M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FLSA Performance Chart
Franklin FTSE Saudi Arabia ETF (FLSA) is up 6.4% since the beginning of the year. FLSA is currently trading at $33 per share. Investors who bought $1,000 worth of FLSA shares 5 years ago would now be looking at an investment worth $1,160.
Loading charts...
Returns By Period
Franklin FTSE Saudi Arabia ETF (FLSA) has returned 6.39% so far this year and 5.21% over the past 12 months.
Franklin FTSE Saudi Arabia ETF
- 1D
- 1.59%
- 1M
- -1.54%
- YTD
- 6.39%
- 6M
- 6.42%
- 1Y
- 5.21%
- 3Y*
- 1.21%
- 5Y*
- 3.01%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
FLSA Monthly Returns History
Based on dividend-adjusted daily data since Oct 11, 2018, FLSA's average daily return is +0.04%, while the average monthly return is +0.70%. At this rate, an investment would double in approximately 8.3 years.
Historically, 59% of months were positive and 41% were negative. The best month was Jan 2022 with a return of +11.5%, while the worst month was Jun 2022 at -10.1%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FLSA closed higher 51% of trading days. The best single day was Mar 10, 2020 with a return of +13.4%, while the worst single day was Mar 9, 2020 at -15.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.46% | -6.66% | 6.79% | -1.17% | -1.40% | 0.06% | 6.39% | ||||||
| 2025 | 3.09% | -2.04% | 0.38% | -1.77% | -5.12% | 1.65% | -2.59% | -0.51% | 8.84% | 0.26% | -7.45% | -1.23% | -7.15% |
| 2024 | -1.23% | 5.85% | -0.26% | -2.18% | -6.82% | 1.53% | 4.10% | 0.62% | 1.24% | -1.75% | -2.34% | 1.56% | -0.29% |
| 2023 | 2.67% | -6.73% | 6.43% | 6.49% | -3.58% | 4.78% | 1.73% | -2.43% | -4.75% | -2.30% | 3.70% | 7.57% | 12.99% |
| 2022 | 11.52% | 2.93% | 2.67% | 6.40% | -6.33% | -10.11% | 6.84% | -0.70% | -7.65% | 4.70% | -8.36% | -2.85% | -3.58% |
| 2021 | 0.72% | 3.76% | 10.94% | 4.99% | 1.58% | 3.18% | 0.82% | 3.52% | 2.28% | 3.59% | -8.55% | 5.21% | 35.72% |
Benchmark Metrics
Franklin FTSE Saudi Arabia ETF has an annualized alpha of 1.29%, beta of 0.49, and R2 of 0.25 versus S&P 500 Index. Calculated based on daily prices since October 12, 2018.
- This ETF participated in 56.44% of S&P 500 Index downside but only 45.05% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.49 may look defensive, but with R2 of 0.25 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 0.25 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.
- Alpha
- 1.29%
- Beta
- 0.49
- R²
- 0.25
- Upside Capture
- 45.05%
- Downside Capture
- 56.44%
Expense Ratio
FLSA has an expense ratio of 0.39%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FLSA ranks 13 for risk / return — in the bottom 13% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Franklin FTSE Saudi Arabia ETF (FLSA) and compare them to S&P 500 Index.
| FLSA | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.32 | 2.39 | -2.07 |
Sortino ratioReturn per unit of downside risk | 0.64 | 3.25 | -2.61 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.43 | -0.36 |
Calmar ratioReturn relative to maximum drawdown | 0.46 | 3.11 | -2.65 |
Martin ratioReturn relative to average drawdown | 1.04 | 14.38 | -13.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Franklin FTSE Saudi Arabia ETF provided a 3.77% dividend yield over the last twelve months, with an annual payout of $1.26 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $1.26 | $1.26 | $1.06 | $1.12 | $0.63 | $0.68 | $0.57 | $0.83 |
Dividend yield | 3.77% | 4.01% | 3.01% | 3.09% | 1.90% | 1.95% | 2.16% | 3.18% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin FTSE Saudi Arabia ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.85 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $1.26 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $1.06 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $1.12 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.63 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.68 |
Drawdowns
Drawdowns Chart
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin FTSE Saudi Arabia 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 FTSE Saudi Arabia ETF was 38.31%, occurring on Mar 12, 2020. Recovery took 249 trading sessions.
The current Franklin FTSE Saudi Arabia ETF drawdown is 14.77%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -38.31%Mar 2020 | 10mo 11d | 12mo 2d | 1y 10moMay 2019 - Mar 2021 |
2023 bear market2023 | -27.25%Mar 2023 | 11mo 2d | — | 4y 1moApr 2022 - now |
2021 correction2021 | -10.83%Nov 2021 | 15d | 1mo 13d | 1mo 28dNov 2021 - Jan 2022 |
2021 pullback2021 | -5.37%May 2021 | 13d | 21d | 1mo 4dApr 2021 - Jun 2021 |
Rate-hike selloffLate 2018 | -4.05%Dec 2018 | 7d | 14d | 21dDec 2018 - Jan 2019 |
Drawdown Indicators
| FLSA | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.31% | -56.78% | +18.47% |
Max Drawdown (1Y)Largest decline over 1 year | -11.30% | -9.10% | -2.20% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -18.90% | +3.95% |
Max Drawdown (5Y)Largest decline over 5 years | -27.25% | -25.43% | -1.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -14.77% | 0.00% | -14.77% |
Average DrawdownAverage peak-to-trough decline | -12.20% | -10.72% | -1.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.02% | 1.97% | +3.05% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FLSA
Add Franklin FTSE Saudi Arabia ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FLSA