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FLSP vs. FNGS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLSP and FNGS is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

FLSP vs. FNGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Liberty Systematic Style Premia ETF (FLSP) and MicroSectors FANG+ ETN (FNGS). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%AugustSeptemberOctoberNovemberDecember2025
1.73%
19.23%
FLSP
FNGS

Key characteristics

Sharpe Ratio

FLSP:

0.74

FNGS:

2.08

Sortino Ratio

FLSP:

1.18

FNGS:

2.63

Omega Ratio

FLSP:

1.15

FNGS:

1.35

Calmar Ratio

FLSP:

1.85

FNGS:

3.03

Martin Ratio

FLSP:

3.79

FNGS:

9.61

Ulcer Index

FLSP:

2.27%

FNGS:

5.61%

Daily Std Dev

FLSP:

11.65%

FNGS:

25.91%

Max Drawdown

FLSP:

-22.75%

FNGS:

-48.98%

Current Drawdown

FLSP:

-0.79%

FNGS:

-4.34%

Returns By Period

In the year-to-date period, FLSP achieves a 0.54% return, which is significantly lower than FNGS's 1.06% return.


FLSP

YTD

0.54%

1M

1.12%

6M

1.74%

1Y

8.11%

5Y*

1.83%

10Y*

N/A

FNGS

YTD

1.06%

1M

1.88%

6M

19.23%

1Y

52.15%

5Y*

31.32%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


FLSP vs. FNGS - Expense Ratio Comparison

FLSP has a 0.65% expense ratio, which is higher than FNGS's 0.58% expense ratio.


FLSP
Franklin Liberty Systematic Style Premia ETF
Expense ratio chart for FLSP: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for FNGS: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%

Risk-Adjusted Performance

FLSP vs. FNGS — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLSP
The Risk-Adjusted Performance Rank of FLSP is 3838
Overall Rank
The Sharpe Ratio Rank of FLSP is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of FLSP is 3131
Sortino Ratio Rank
The Omega Ratio Rank of FLSP is 3131
Omega Ratio Rank
The Calmar Ratio Rank of FLSP is 6161
Calmar Ratio Rank
The Martin Ratio Rank of FLSP is 3939
Martin Ratio Rank

FNGS
The Risk-Adjusted Performance Rank of FNGS is 7676
Overall Rank
The Sharpe Ratio Rank of FNGS is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGS is 7575
Sortino Ratio Rank
The Omega Ratio Rank of FNGS is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FNGS is 7979
Calmar Ratio Rank
The Martin Ratio Rank of FNGS is 7272
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.

FLSP vs. FNGS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty Systematic Style Premia ETF (FLSP) and MicroSectors FANG+ ETN (FNGS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for FLSP, currently valued at 0.74, compared to the broader market0.002.004.000.742.08
The chart of Sortino ratio for FLSP, currently valued at 1.18, compared to the broader market0.005.0010.001.182.63
The chart of Omega ratio for FLSP, currently valued at 1.15, compared to the broader market1.002.003.001.151.35
The chart of Calmar ratio for FLSP, currently valued at 1.85, compared to the broader market0.005.0010.0015.001.853.03
The chart of Martin ratio for FLSP, currently valued at 3.79, compared to the broader market0.0020.0040.0060.0080.00100.003.799.61
FLSP
FNGS

The current FLSP Sharpe Ratio is 0.74, which is lower than the FNGS Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of FLSP and FNGS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50AugustSeptemberOctoberNovemberDecember2025
0.74
2.08
FLSP
FNGS

Dividends

FLSP vs. FNGS - Dividend Comparison

FLSP's dividend yield for the trailing twelve months is around 1.18%, while FNGS has not paid dividends to shareholders.


TTM202420232022202120202019
FLSP
Franklin Liberty Systematic Style Premia ETF
1.18%1.18%1.19%2.18%1.20%8.08%0.02%
FNGS
MicroSectors FANG+ ETN
0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FLSP vs. FNGS - Drawdown Comparison

The maximum FLSP drawdown since its inception was -22.75%, smaller than the maximum FNGS drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for FLSP and FNGS. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-0.79%
-4.34%
FLSP
FNGS

Volatility

FLSP vs. FNGS - Volatility Comparison

The current volatility for Franklin Liberty Systematic Style Premia ETF (FLSP) is 2.09%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 8.03%. This indicates that FLSP experiences smaller price fluctuations and is considered to be less risky than FNGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%AugustSeptemberOctoberNovemberDecember2025
2.09%
8.03%
FLSP
FNGS
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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