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Inception Date
Oct 9, 2018
Region
Middle East (Saudi Arabia)
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


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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.


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S&P 500 Index

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20269.46%-6.66%6.79%-1.17%-1.40%0.06%6.39%
20253.09%-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%
20232.67%-6.73%6.43%6.49%-3.58%4.78%1.73%-2.43%-4.75%-2.30%3.70%7.57%12.99%
202211.52%2.93%2.67%6.40%-6.33%-10.11%6.84%-0.70%-7.65%4.70%-8.36%-2.85%-3.58%
20210.72%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
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.


FLSA Risk / Return Rank: 1313
Overall Rank
FLSA Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
FLSA Sortino Ratio Rank: 1414
Sortino Ratio Rank
FLSA Omega Ratio Rank: 1313
Omega Ratio Rank
FLSA Calmar Ratio Rank: 1414
Calmar Ratio Rank
FLSA Martin Ratio Rank: 1414
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.


FLSABenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.32

2.39

-2.07

Sortino ratio

Return per unit of downside risk

0.64

3.25

-2.61

Omega ratio

Gain probability vs. loss probability

1.07

1.43

-0.36

Calmar ratio

Return relative to maximum drawdown

0.46

3.11

-2.65

Martin ratio

Return relative to average drawdown

1.04

14.38

-13.34

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.


2.00%2.50%3.00%3.50%4.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.202019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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.


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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 11d12mo 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
15d1mo 13d
1mo 28dNov 2021 - Jan 2022
2021 pullback2021
-5.37%May 2021
13d21d
1mo 4dApr 2021 - Jun 2021
Rate-hike selloffLate 2018
-4.05%Dec 2018
7d14d
21dDec 2018 - Jan 2019

Drawdown Indicators


FLSABenchmarkDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-14.77%

0.00%

-14.77%

Average Drawdown

Average peak-to-trough decline

-12.20%

-10.72%

-1.48%

Ulcer Index

Depth 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.


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Portfolio Analyzer

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