- ISIN
- US35473P6943
- CUSIP
- 35473P694
- Issuer
- Franklin Templeton
- Inception Date
- Feb 6, 2018
- Region
- North America (U.S.)
- Category
- Europe Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- FTSE Switzerland RIC Capped Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $82M
Share Price Chart
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Performance
FLSW Performance Chart
Franklin FTSE Switzerland ETF (FLSW) is up 4.5% since the beginning of the year. FLSW is currently trading at $43 per share. Investors who bought $1,000 worth of FLSW shares 5 years ago would now be looking at an investment worth $1,406.
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Returns By Period
Franklin FTSE Switzerland ETF (FLSW) has returned 4.52% so far this year and 17.63% over the past 12 months.
Franklin FTSE Switzerland ETF
- 1D
- 0.48%
- 1M
- -0.04%
- YTD
- 4.52%
- 6M
- 3.79%
- 1Y
- 17.63%
- 3Y*
- 12.98%
- 5Y*
- 7.06%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
FLSW Monthly Returns History
Based on dividend-adjusted daily data since Feb 8, 2018, FLSW's average daily return is +0.04%, while the average monthly return is +0.87%. At this rate, an investment would double in approximately 6.7 years.
Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +9.6%, while the worst month was Mar 2026 at -10.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FLSW closed higher 49% of trading days. The best single day was Mar 24, 2020 with a return of +6.1%, while the worst single day was Mar 12, 2020 at -9.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.74% | 5.76% | -10.00% | 4.93% | 2.77% | -0.88% | 4.52% | ||||||
| 2025 | 7.41% | 4.09% | 0.03% | 4.46% | 2.45% | 1.44% | -3.38% | 4.80% | -0.17% | 0.09% | 4.22% | 3.81% | 32.92% |
| 2024 | -1.42% | -1.23% | 1.75% | -4.70% | 8.26% | -0.02% | 5.02% | 4.75% | -1.46% | -5.10% | -1.78% | -4.86% | -1.77% |
| 2023 | 7.15% | -4.26% | 4.68% | 5.71% | -3.55% | 2.02% | 3.18% | -3.29% | -5.65% | -3.86% | 8.54% | 6.41% | 16.79% |
| 2022 | -6.42% | -2.60% | 2.16% | -5.62% | -1.71% | -6.62% | 4.62% | -6.26% | -7.32% | 4.25% | 9.48% | -2.17% | -18.14% |
| 2021 | -1.16% | -2.07% | 1.80% | 4.59% | 5.69% | 1.82% | 3.61% | 1.40% | -8.27% | 6.93% | -0.73% | 6.50% | 20.82% |
Benchmark Metrics
Franklin FTSE Switzerland ETF has an annualized alpha of 2.27%, beta of 0.60, and R2 of 0.48 versus S&P 500 Index. Calculated based on daily prices since February 08, 2018.
- This ETF participated in 80.42% of S&P 500 Index downside but only 71.95% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.60 may look defensive, but with R2 of 0.48 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 0.48 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 2.27%
- Beta
- 0.60
- R²
- 0.48
- Upside Capture
- 71.95%
- Downside Capture
- 80.42%
Expense Ratio
FLSW has an expense ratio of 0.09%, which is considered low.
Return for Risk
Risk / Return Rank
FLSW ranks 31 for risk / return — below 31% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Franklin FTSE Switzerland ETF (FLSW) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLSW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.32 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 2.46 | -1.13 |
| Martin ratioReturn relative to average drawdown | 4.20 | 10.92 | -6.72 |
Dividends
Dividend History
Franklin FTSE Switzerland ETF provided a 0.12% dividend yield over the last twelve months, with an annual payout of $0.05 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.05 | $0.88 | $0.65 | $0.78 | $0.59 | $0.67 | $0.70 | $0.32 | $0.61 |
Dividend yield | 0.12% | 2.12% | 2.04% | 2.36% | 2.02% | 1.86% | 2.28% | 1.15% | 2.86% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin FTSE Switzerland 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 | $0.83 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.88 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.65 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.78 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.59 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.67 |
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 Switzerland 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 Switzerland ETF was 28.16%, occurring on Sep 26, 2022. Recovery took 450 trading sessions.
The current Franklin FTSE Switzerland ETF drawdown is 3.81%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -28.16%Sep 2022 | 9mo | 1y 9mo | 2y 6moDec 2021 - Jul 2024 |
COVID crash2020 | -26.83%Mar 2020 | 1mo 2d | 4mo 1d | 5mo 3dFeb 2020 - Jul 2020 |
2026 correction2026 | -13.38%Mar 2026 | 18d | — | 3mo 24dMar 2026 - now |
2025 correction2025 | -12.79%Jan 2025 | 4mo 1d | 2mo 4d | 6mo 5dSep 2024 - Mar 2025 |
Rate-hike selloffLate 2018 | -12.75%Dec 2018 | 10mo 11d | 2mo 20d | 1y 26dFeb 2018 - Mar 2019 |
Drawdown Indicators
| FLSW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.16% | -56.78% | +28.62% |
Max Drawdown (1Y)Largest decline over 1 year | -13.38% | -9.10% | -4.28% |
Max Drawdown (3Y)Largest decline over 3 years | -13.38% | -18.90% | +5.52% |
Max Drawdown (5Y)Largest decline over 5 years | -28.16% | -25.43% | -2.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -3.81% | -3.21% | -0.60% |
Average DrawdownAverage peak-to-trough decline | -5.95% | -10.71% | +4.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.21% | 2.04% | +2.17% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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