Franklin Short Duration U.S. Government ETF (FTSD)

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

Franklin Short Duration U.S. Government ETF (FTSD) has returned 0.40% so far this year and 4.66% over the past 12 months. Over the last ten years, FTSD has returned 2.06% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Nov 5, 2013, FTSD's average daily return is +0.01%, while the average monthly return is +0.15%. At this rate, your investment would double in approximately 38.5 years.

Historically, 67% of months were positive and 33% were negative. The best month was Nov 2023 with a return of +1.3%, while the worst month was Mar 2022 at -1.0%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 7 months.

On a daily basis, FTSD closed higher 46% of trading days. The best single day was Jun 15, 2022 with a return of +0.9%, while the worst single day was Apr 9, 2025 at -0.9%.

Franklin Short Duration U.S. Government ETF has an annualized alpha of 1.85%, beta of -0.00, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since November 06, 2013.

• This ETF captured 5.00% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -2.13%) — a profile typical of hedging or uncorrelated assets.
• Beta of -0.00 may look defensive, but with R² of 0.00 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 0.00 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.

FTSD has an expense ratio of 0.25%, which is considered low.

FTSD ranks 96 for risk / return — in the top 96% 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.

The table below present risk-adjusted performance metrics for Franklin Short Duration U.S. Government ETF (FTSD) and compare them to a chosen benchmark (S&P 500 Index).

Franklin Short Duration U.S. Government ETF provided a 4.55% dividend yield over the last twelve months, with an annual payout of $4.13 per share.

The table displays the monthly dividend distributions for Franklin Short Duration U.S. Government 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 Short Duration U.S. Government 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 Short Duration U.S. Government ETF was 5.32%, occurring on Oct 20, 2022. Recovery took 288 trading sessions.

The current Franklin Short Duration U.S. Government ETF drawdown is 0.14%.

The chart below shows the rolling one-month volatility.