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Franklin U.S. Equity Index ETF (USPX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US35473P4054

Issuer

Franklin

Inception Date

Jun 1, 2016

Region

North America (U.S.)

Leveraged

1x

Index Tracked

Morningstar US Target Market Exposure Index

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

USPX has an expense ratio of 0.03%, which is considered low.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

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


100.00%120.00%140.00%160.00%180.00%200.00%December2025FebruaryMarchAprilMay
139.62%
169.82%
USPX (Franklin U.S. Equity Index ETF)
Benchmark (^GSPC)

Returns By Period

Franklin U.S. Equity Index ETF (USPX) returned -3.35% year-to-date (YTD) and 10.61% over the past 12 months.


USPX

YTD

-3.35%

1M

14.19%

6M

-4.63%

1Y

10.61%

5Y*

13.45%

10Y*

N/A

^GSPC (Benchmark)

YTD

-3.70%

1M

13.67%

6M

-5.18%

1Y

9.18%

5Y*

14.14%

10Y*

10.43%

*Annualized

Monthly Returns

The table below presents the monthly returns of USPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20252.85%-1.19%-5.91%-0.70%1.79%-3.35%
20241.87%5.19%3.11%-4.36%5.00%3.76%1.19%2.43%2.10%-0.81%6.18%-2.61%24.97%
20236.45%-2.11%3.32%1.33%0.82%6.80%3.13%-1.50%-4.79%-2.28%9.54%4.48%27.07%
2022-4.10%-2.47%2.05%-5.77%0.75%-8.02%4.56%-4.08%-9.36%7.87%5.23%-5.68%-18.88%
2021-0.30%1.23%4.17%2.89%2.39%1.23%1.80%1.72%-5.17%3.96%-1.01%5.51%19.53%
2020-2.02%-7.66%-12.25%9.66%4.37%2.16%4.21%4.52%-1.84%-3.98%10.75%3.95%9.72%
20198.06%2.73%1.53%1.91%-5.38%5.96%0.37%-0.99%2.33%2.31%1.98%3.61%26.60%
20184.55%-1.93%-4.16%0.05%0.60%-0.51%2.84%1.69%0.29%-5.83%1.45%-6.46%-7.79%
20172.17%3.77%1.61%0.66%2.62%0.22%1.47%1.55%1.74%1.91%2.16%1.71%23.80%
20160.55%3.79%-0.48%0.43%-2.94%0.36%-0.06%1.54%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of USPX is 63, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of USPX is 6363
Overall Rank
The Sharpe Ratio Rank of USPX is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of USPX is 6161
Sortino Ratio Rank
The Omega Ratio Rank of USPX is 6464
Omega Ratio Rank
The Calmar Ratio Rank of USPX is 6666
Calmar Ratio Rank
The Martin Ratio Rank of USPX is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Franklin U.S. Equity Index ETF (USPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Franklin U.S. Equity Index ETF Sharpe ratios as of May 9, 2025 (values are recalculated daily):

  • 1-Year: 0.54
  • 5-Year: 0.82
  • All Time: 0.63

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Franklin U.S. Equity Index ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Rolling 12-month Sharpe Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
0.54
0.48
USPX (Franklin U.S. Equity Index ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Franklin U.S. Equity Index ETF provided a 1.30% dividend yield over the last twelve months, with an annual payout of $0.64 per share.


1.50%2.00%2.50%3.00%$0.00$0.20$0.40$0.60$0.80$1.00201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM202420232022202120202019201820172016
Dividend$0.64$0.63$0.56$0.73$1.00$0.90$1.03$0.80$0.79$0.62

Dividend yield

1.30%1.23%1.35%2.21%2.40%2.50%3.07%2.90%2.60%2.44%

Monthly Dividends

The table displays the monthly dividend distributions for Franklin U.S. Equity Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.12$0.00$0.00$0.12
2024$0.00$0.00$0.10$0.00$0.00$0.15$0.00$0.00$0.17$0.00$0.00$0.20$0.63
2023$0.00$0.00$0.10$0.00$0.00$0.13$0.00$0.00$0.14$0.00$0.00$0.20$0.56
2022$0.00$0.00$0.00$0.00$0.00$0.54$0.00$0.00$0.02$0.00$0.00$0.18$0.73
2021$0.00$0.00$0.00$0.00$0.00$0.37$0.00$0.00$0.00$0.00$0.00$0.63$1.00
2020$0.00$0.00$0.00$0.00$0.00$0.43$0.00$0.00$0.00$0.00$0.00$0.47$0.90
2019$0.00$0.00$0.00$0.00$0.00$0.47$0.00$0.00$0.00$0.00$0.00$0.56$1.03
2018$0.00$0.00$0.00$0.00$0.00$0.32$0.00$0.00$0.00$0.00$0.00$0.48$0.80
2017$0.00$0.00$0.00$0.00$0.00$0.33$0.00$0.00$0.00$0.00$0.00$0.47$0.79
2016$0.62$0.62

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.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-7.74%
-7.82%
USPX (Franklin U.S. Equity Index ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Franklin U.S. Equity Index 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 U.S. Equity Index ETF was 31.21%, occurring on Mar 23, 2020. Recovery took 114 trading sessions.

The current Franklin U.S. Equity Index ETF drawdown is 7.74%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-31.21%Jan 21, 202044Mar 23, 2020114Sep 2, 2020158
-24.6%Dec 30, 2021200Oct 14, 2022291Dec 12, 2023491
-19.21%Feb 20, 202534Apr 8, 2025
-16.44%Jan 30, 2018228Dec 24, 2018122Jun 20, 2019350
-8.61%Jul 17, 202414Aug 5, 202432Sep 19, 202446

Volatility

Volatility Chart

The current Franklin U.S. Equity Index ETF volatility is 11.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
11.55%
11.21%
USPX (Franklin U.S. Equity Index ETF)
Benchmark (^GSPC)