FLSP vs. SENT

Last updated Jun 4, 2026

FLSP (Franklin Liberty Systematic Style Premia ETF) and SENT (AdvisorShares Alpha DNA Equity Sentiment ETF) are both Long-Short funds. FLSP is actively managed, while SENT is passively managed. Over the past 5 years, FLSP returned 7.70%/yr vs -4.51%/yr for SENT. At a 0.12 correlation, their price movements are largely independent. FLSP charges 0.65%/yr vs 1.01%/yr for SENT.

Performance

FLSP vs. SENT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Liberty Systematic Style Premia ETF (FLSP) and AdvisorShares Alpha DNA Equity Sentiment ETF (SENT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FLSP

• 1D: 0.04%
• 1M: 1.15%
• YTD: 1.26%
• 6M: 3.45%
• 1Y: 14.67%
• 3Y*: 10.00%
• 5Y*: 7.70%
• 10Y*: —

SENT

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 0.00%
• 3Y*: -3.03%
• 5Y*: -4.51%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLSP vs. SENT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FLSP Franklin Liberty Systematic Style Premia ETF	1.26%	15.56%	11.75%	3.14%	0.44%	10.84%
SENT AdvisorShares Alpha DNA Equity Sentiment ETF	0.00%	0.00%	0.00%	-6.03%	-18.25%	8.96%

Correlation

The correlation between FLSP and SENT is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since Feb 4, 2021	0.12

The correlation between FLSP and SENT shifts across timeframes, from -0.01 (3 years) to 0.12 (all time), reflecting how their relationship changes across market environments.

FLSP vs. SENT - Sectors Allocation Comparison

Sectors	FLSP	SENT
Technology	21.1%	26.2%
Financial Services	18.7%	6.1%
Industrials	14.8%	14.6%
Healthcare	9.7%	24.8%
Consumer Cyclical	8.0%	10.1%
Communication Services	6.5%	1.9%
Consumer Defensive	6.3%	3.1%
Basic Materials	5.8%	3.0%
Energy	4.7%	10.3%
Utilities	3.3%	-
Real Estate	1.2%	-

Return for Risk

FLSP vs. SENT — Risk / Return Rank

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

FLSP

FLSP Risk / Return Rank: 53
FLSP Sharpe Ratio Rank: 45
FLSP Sortino Ratio Rank: 45
FLSP Omega Ratio Rank: 42
FLSP Calmar Ratio Rank: 72
FLSP Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLSP vs. SENT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty Systematic Style Premia ETF (FLSP) and AdvisorShares Alpha DNA Equity Sentiment ETF (SENT). 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.

	FLSP	SENT	Difference
Sharpe ratio: Return per unit of total volatility	1.59	—	—
Sortino ratio: Return per unit of downside risk	2.27	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	3.66	—	—
Martin ratio: Return relative to average drawdown	10.59	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FLSP	SENT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	-0.36	+0.94
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	-0.25	+0.55

Drawdowns

FLSP vs. SENT - Drawdown Comparison

The maximum FLSP drawdown since its inception was -22.75%, smaller than the maximum SENT drawdown of -30.34%. Use the drawdown chart below to compare losses from any high point for FLSP and SENT.

Drawdown Indicators

	FLSP	SENT	Difference
Max Drawdown Largest peak-to-trough decline	-22.75%	-30.34%	+7.59%
Max Drawdown (1Y) Largest decline over 1 year	-4.03%	0.00%	-4.03%
Max Drawdown (3Y) Largest decline over 3 years	-6.69%	-15.83%	+9.14%
Max Drawdown (5Y) Largest decline over 5 years	-9.52%	-30.34%	+20.82%
Current Drawdown Current decline from peak	-1.94%	-27.23%	+25.29%
Average Drawdown Average peak-to-trough decline	-6.30%	-20.90%	+14.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.39%	0.00%	+1.39%

Volatility

FLSP vs. SENT - Volatility Comparison

Franklin Liberty Systematic Style Premia ETF (FLSP) has a higher volatility of 1.98% compared to AdvisorShares Alpha DNA Equity Sentiment ETF (SENT) at 0.00%. This indicates that FLSP's price experiences larger fluctuations and is considered to be riskier than SENT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLSP	SENT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.98%	0.00%	+1.98%
Volatility (6M) Calculated over the trailing 6-month period	6.86%	0.00%	+6.86%
Volatility (1Y) Calculated over the trailing 1-year period	9.27%	0.00%	+9.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.37%	12.66%	+0.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.53%	13.32%	+0.21%

FLSP vs. SENT - Expense Ratio Comparison

FLSP has a 0.65% expense ratio, which is lower than SENT's 1.01% expense ratio.

Dividends

FLSP vs. SENT - Dividend Comparison

FLSP's dividend yield for the trailing twelve months is around 2.62%, while SENT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
FLSP Franklin Liberty Systematic Style Premia ETF	2.62%	2.65%	1.18%	1.19%	2.18%	1.19%	8.08%
SENT AdvisorShares Alpha DNA Equity Sentiment ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLSP and SENT in my portfolio?

FLSP and SENT have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLSP or SENT?

FLSP has higher volatility (1.98%) compared to SENT (0.00%). In terms of maximum drawdown, FLSP dropped -22.75% vs SENT's -30.34%.

Which ETF is better, FLSP or SENT?

On 5-year performance, FLSP leads with 7.70% vs -4.51% for SENT. On fees, FLSP is cheaper at 0.65% per year. On volatility, SENT has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLSP or SENT?

Over the 5-year period, FLSP has performed better with a 7.70% return vs -4.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLSP or SENT?

FLSP is cheaper with a 0.65% expense ratio, compared with 1.01% for SENT.

Which ETF pays a higher dividend yield, FLSP or SENT?

FLSP has the higher dividend yield at 2.62%, compared with 0.00% for SENT.

What is the main difference between FLSP and SENT?

They also come from different issuers: Franklin Templeton and AdvisorShares. Their fees differ too: 0.65% for FLSP and 1.01% for SENT.