# FLSP (Franklin Systematic Style Premia ETF)

Franklin · Alternatives ETFs · data as of Sep 18, 2026

In the S&P 500’s down weeks over the year to Sep 18, 2026, FLSP rose 0.16% a week on average.

## Key facts

- FLSP, correlation with the S&P 500: +0.01, as of Sep 18, 2026.
- FLSP, beta to the S&P 500: +0.01, as of Sep 18, 2026.
- FLSP, down-week capture: −12.6%, as of Sep 18, 2026.
- FLSP, against T-bills, 52 weeks: +10.1 pts, as of Sep 18, 2026.
- FLSP, net assets: $1.1bn (issuer page, as of Sep 18, 2026).
- FLSP, expense ratio: 0.65% (485BPOS XBRL, Jul 27, 2026).

## FLSP over each window to Sep 18, 2026

| Window | The fund | S&P 500 | Difference, percentage points |
| --- | --- | --- | --- |
| 3 months | +4.2% | +2.3% | +2.0 pts |
| 6 months | +7.4% | +18.0% | −10.6 pts |
| 1 year | +13.7% | +16.6% | −2.9 pts |
| 3 years | +32.9% | +78.4% | −45.5 pts |
| Since it listed | +36.7% | +160.9% | −124.2 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Issuer | Franklin | ETFIQ |
| Strategy | Multi-strategy | ETFIQ, from its prospectus |
| Expense ratio | 0.65% | 485BPOS XBRL, Jul 27, 2026 |
| Net assets | $1.1bn | issuer page, as of Sep 18, 2026 |
| Weeks measured | 52, from Sep 19, 2025 to Sep 18, 2026 | ETFIQ |
| Weeks the S&P 500 fell | 22 | ETFIQ |
| The S&P 500 in those weeks, on average | −1.24% | ETFIQ |
| FLSP in those weeks, on average | +0.16% | ETFIQ |
| FLSP total return over those weeks | +13.7% | ETFIQ |
| T-bills | +3.6% | ETFIQ |
| Listed since | Dec 23, 2019 | ETFIQ |
| Days traded | 90 | ETFIQ |
| Quoted | on an exchange, every trading day | ETFIQ |

## Questions

### Does FLSP move with the S&P 500?

Over the year to Sep 18, 2026, FLSP’s weekly returns had a correlation of +0.01 with the S&P 500’s, on a scale where 1 moves in step, 0 shows no pattern and −1 moves opposite. Its beta was +0.01, so for each 1% the index moved it moved about 0.01% the same way.

### What did FLSP do when stocks fell?

The S&P 500 fell in 22 of the 52 weeks to Sep 18, 2026, by 1.24% on average. In those weeks FLSP rose 0.16% on average, a down-week capture of −12.6%.

### Did FLSP earn more than cash?

Over the same 52 weeks FLSP returned +13.7% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.6%. FLSP finished 10.1 percentage points ahead of it.

### What does FLSP cost?

The prospectus expense ratio is 0.65% a year.

### Why is FLSP listed as multi-strategy?

ETFIQ files each fund by what its own prospectus says it does, and FLSP’s, filed Jul 27, 2026, describes a multi-strategy fund.


## Cite this page

ETFIQ, FLSP, data as of Sep 18, 2026. https://etfiq.com/funds/flsp
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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