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Franklin FTSE Saudi Arabia ETF (FLSA)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

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

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Franklin FTSE Saudi Arabia ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Franklin FTSE Saudi Arabia ETF (FLSA) has returned 9.11% so far this year and -0.07% over the past 12 months.


Franklin FTSE Saudi Arabia ETF

1D
2.36%
1M
6.79%
YTD
9.11%
6M
0.01%
1Y
-0.07%
3Y*
3.84%
5Y*
5.24%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 11, 2018, FLSA's average daily return is +0.04%, while the average monthly return is +0.76%. At this rate, your investment would double in approximately 7.6 years.

Historically, 60% of months were positive and 40% 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%9.11%
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 2.66%, 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 49.80% 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
2.66%
Beta
0.49
0.25
Upside Capture
49.80%
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 12 for risk / return — in the bottom 12% 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: 1212
Overall Rank
FLSA Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
FLSA Sortino Ratio Rank: 1111
Sortino Ratio Rank
FLSA Omega Ratio Rank: 1111
Omega Ratio Rank
FLSA Calmar Ratio Rank: 1313
Calmar Ratio Rank
FLSA Martin Ratio Rank: 1313
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 a chosen benchmark (S&P 500 Index).


FLSABenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.00

0.90

-0.90

Sortino ratio

Return per unit of downside risk

0.13

1.39

-1.25

Omega ratio

Gain probability vs. loss probability

1.02

1.21

-0.20

Calmar ratio

Return relative to maximum drawdown

0.06

1.40

-1.34

Martin ratio

Return relative to average drawdown

0.11

6.61

-6.49

Explore FLSA risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Franklin FTSE Saudi Arabia ETF provided a 3.68% 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

3.68%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
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 12.60%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-38.31%May 6, 2019216Mar 12, 2020249Mar 9, 2021465
-27.25%Apr 19, 2022230Mar 17, 2023
-10.83%Nov 15, 202111Nov 30, 202130Jan 12, 202241
-5.37%Apr 29, 202110May 12, 202114Jun 2, 202124
-4.05%Dec 14, 20186Dec 21, 20188Jan 4, 201914

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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