FLSP ETF — Franklin Liberty Systematic Style Premia ETF

Franklin Liberty Systematic Style Premia ETF (FLSP)

Updated October 16, 2026.

FLSP is an ETF. its distribution rate is 2.45%, its trailing-12-month yield is 2.45%, its expense ratio is 0.65%. Dividend Vision Distribution Safety Score™ is 69/100 (Generally safe). Total return is 38.3% over the past 6.8 years, 123.0 points behind SPY at 161.3%.

Franklin Liberty Systematic Style Premia ETF is an ETF that pursues factor-based returns through two systematic strategies—one top-down and one bottom-up—allocating across equities, fixed income, commodities, and currencies primarily using derivatives. The fund offers a modest current distribution rate paid annually, with an expense ratio of 0.65%. The ETF appeals to investors seeking alternative factor-based exposure through a systematic, rules-based approach rather than traditional asset allocation.

FLSP performance versus SPY

Price and return data through 2026-10-16.

Total return is 38.3% over the past 6.8 years, 123.0 points behind SPY at 161.3%. Over the past year its total return — price change plus distributions reinvested — is 13.3%. Its deepest 1-year drawdown was 4.0%.

FLSP key facts

Distribution Safety Score™

69 · Generally safe

Safety-Adjusted Yield

1.69%

Issuer

Franklin Templeton

Asset type

ETF

Asset class

Equity

Inception date

12/18/2019

Expense ratio

0.65%

Distribution rate

2.45%

Distribution frequency

Annual

Trailing yield

2.45%

Last close

$29.16 (as of 2026-10-16)

AUM

$1,097,410,462

Average volume

126585.0

Dividend

$0.713

Ex-dividend date

12/19/2025

Payment date

12/29/2025

Beta

0.01

How Dividend Vision calculates yield and returns

Distribution rate (2.45%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.45%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Franklin Templeton; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FLSP risks and drawbacks

FLSP's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 4.0%.

Who may consider FLSP — and who may not

FLSP may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (FLSP pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FLSP

• All tickers starting with F

Frequently asked questions

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