- ISIN
- US5246863592
- CUSIP
- 524686359
- Issuer
- Franklin Templeton
- Inception Date
- Mar 13, 2000
- Category
- Small Cap Blend Equities
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
LMSIX Performance Chart
Franklin U.S. Small Cap Equity Fund (LMSIX) is up 18.7% since the beginning of the year. LMSIX is currently trading at $18 per share. Investors who bought $1,000 worth of LMSIX shares 5 years ago would now be looking at an investment worth $1,658.
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Returns By Period
Franklin U.S. Small Cap Equity Fund (LMSIX) has returned 18.69% so far this year and 44.13% over the past 12 months. Over the last ten years, LMSIX has returned 11.55% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Franklin U.S. Small Cap Equity Fund
- 1D
- 1.78%
- 1M
- 4.99%
- YTD
- 18.69%
- 6M
- 15.58%
- 1Y
- 44.13%
- 3Y*
- 21.36%
- 5Y*
- 10.64%
- 10Y*
- 11.55%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
LMSIX Monthly Returns History
Based on dividend-adjusted daily data since Mar 13, 2000, LMSIX's average daily return is +0.04%, while the average monthly return is +0.81%. At this rate, an investment would double in approximately 7.2 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +16.9%, while the worst month was Mar 2020 at -23.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, LMSIX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +10.7%, while the worst single day was Mar 16, 2020 at -14.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.67% | 0.18% | -3.78% | 11.47% | 2.16% | 3.30% | 18.69% | ||||||
| 2025 | 3.11% | -5.54% | -6.01% | -1.50% | 7.46% | 5.44% | 2.34% | 8.32% | 3.84% | 0.80% | 1.83% | -0.44% | 20.19% |
| 2024 | -0.92% | 5.33% | 2.64% | -6.64% | 4.51% | -0.92% | 8.61% | -1.37% | 0.55% | -1.86% | 9.89% | -8.64% | 9.90% |
| 2023 | 7.96% | -1.78% | -5.45% | -1.83% | -1.33% | 8.30% | 6.40% | -3.64% | -4.52% | -5.50% | 9.28% | 11.73% | 18.80% |
| 2022 | -7.62% | 0.84% | 1.44% | -8.51% | 1.22% | -9.48% | 9.86% | -1.81% | -9.48% | 11.68% | 3.49% | -5.11% | -15.16% |
| 2021 | 6.48% | 8.60% | 5.02% | 2.08% | 2.88% | -0.90% | -3.66% | 4.16% | -1.35% | 2.74% | -3.25% | 3.80% | 29.12% |
Benchmark Metrics
Franklin U.S. Small Cap Equity Fund has an annualized alpha of 1.76%, beta of 1.07, and R2 of 0.77 versus S&P 500 Index. Calculated based on daily prices since March 13, 2000.
- This fund captured 115.87% of S&P 500 Index gains and 107.30% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.07 and R2 of 0.77, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.76%
- Beta
- 1.07
- R²
- 0.77
- Upside Capture
- 115.87%
- Downside Capture
- 107.30%
Expense Ratio
LMSIX has a high expense ratio of 1.03%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
LMSIX ranks 79 for risk / return — better than 79% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Franklin U.S. Small Cap Equity Fund (LMSIX) 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.
| LMSIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.79 | 2.78 | +2.00 |
| Martin ratioReturn relative to average drawdown | 16.57 | 12.44 | +4.13 |
Dividends
Dividend History
Franklin U.S. Small Cap Equity Fund provided a 6.79% dividend yield over the last twelve months, with an annual payout of $1.24 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.24 | $0.99 | $0.56 | $0.48 | $0.59 | $3.07 | $0.48 | $0.19 | $1.18 | $1.22 | $0.66 | $0.91 |
Dividend yield | 6.79% | 6.35% | 4.05% | 3.70% | 5.18% | 21.64% | 3.60% | 1.48% | 11.17% | 8.85% | 4.79% | 7.52% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin U.S. Small Cap Equity Fund. 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 | $0.29 | $0.29 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.95 | $0.99 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.51 | $0.56 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.48 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.59 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.05 | $3.07 |
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 U.S. Small Cap Equity Fund. 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 U.S. Small Cap Equity Fund was 61.16%, occurring on Mar 9, 2009. Recovery took 524 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -61.16%Mar 2009 | 1y 7mo | 2y 27d | 3y 8moJul 2007 - Apr 2011 |
COVID crash2020 | -50.26%Mar 2020 | 1y 6mo | 8mo 25d | 2y 3moAug 2018 - Dec 2020 |
2011 bear market2011 | -29.37%Oct 2011 | 2mo 27d | 11mo 16d | 1y 2moJul 2011 - Sep 2012 |
Dot-com crash2000–2002 | -29.13%Oct 2002 | 5mo 6d | 11mo 14d | 1y 4moMay 2002 - Sep 2003 |
Bear market2022 | -27.66%Sep 2022 | 10mo 15d | 1y 4mo | 2y 3moNov 2021 - Feb 2024 |
Drawdown Indicators
| LMSIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.16% | -56.78% | -4.38% |
Max Drawdown (1Y)Largest decline over 1 year | -9.22% | -9.10% | -0.12% |
Max Drawdown (3Y)Largest decline over 3 years | -26.80% | -18.90% | -7.90% |
Max Drawdown (5Y)Largest decline over 5 years | -27.66% | -25.43% | -2.23% |
Max Drawdown (10Y)Largest decline over 10 years | -50.26% | -33.92% | -16.34% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -10.87% | -10.71% | -0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 2.03% | +0.63% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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