Franklin Systematic Style Premia ETF
FLSP
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One Franklin Parkway San Mateo CA United States of America 94403
- IPO Date
- Dec 23, 2019
- CIK
- 0001655589
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin Systematic Style Premia ETF (FLSP) is an actively managed exchange-traded fund that seeks absolute returns through a multi-asset, long/short strategy targeting risk premia across quality, value, momentum, and carry factors. The fund allocates assets between a top-down approach involving bullish and bearish positions in equities, fixed income, commodities, and currencies using derivatives such as total return swaps; and a bottom-up long/short equity strategy focused on individual stocks and indices, incorporating quality, value, and momentum factors. It maintains risk within pre-determined bounds, aiming for low correlation to traditional asset classes like stocks and bonds, with a target annualized volatility of approximately 8%, and discloses full portfolio holdings daily for transparency. FLSP trades on the NYSE Arca exchange, employs a net expense ratio of 0.65%, and benchmarks performance against the ICE BofA US 3-Month Treasury Bill Index. Issued by Franklin Resources, Inc. (d/b/a Franklin Templeton) and managed by Franklin Advisers, Inc., with shares distributed through Franklin Distributors, LLC, the ETF operates primarily in global markets including U.S. and non-U.S. equities (comprising about 65.94% and 8.53% of assets, respectively), cash equivalents, bonds, and other instruments. It targets institutional-style alternative investments accessible to retail investors via a liquid ETF structure, serving as a diversification tool, hedge against equity risk, or complement to concentrated long-only portfolios amid market uncertainties. Launched on December 18, 2019, and headquartered with Franklin Templeton in San Mateo, California, FLSP had assets under management of approximately $419.51 million as of recent data. In recent developments, the fund underwent a name change from Franklin Liberty Systematic Style Premia ETF prior to August 1, 2022, to its current branding under Franklin Templeton. Effective September 30, 2025, updates to the summary prospectus, prospectus, and statement of additional information reflect ongoing refinements, including portfolio adjustments amid global equity gains in Q2 2025 driven by U.S. policy announcements. The ETF continues active risk management, with recent performance showing NAV returns of 3.80% over one year and 5.70% annualized over three years as of June 30, 2025, alongside quarterly commentary highlighting contributions from equity momentum, carry, and commodity value factors. No major acquisitions, funding rounds, or new product launches were reported in the last 1-2 years, emphasizing stable quantitative multi-factor execution.