Franklin FTSE Saudi Arabia ETF (FLSA) Performance
FLSA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −5.2% since Dec 31, 2025
- 1 year
- −13.8% total return
- 5 years
- −2.0% a year
- Since first price
- +5.3% a year since 2018
FLSA trailing returns vs SPY, QQQ, AGG
| Period | FLSA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −9.0% | −9.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −8.7% | −8.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −11.3% | −12.9% | +7.8% | +8.4% | −1.5% |
| YTD | −5.2% | −6.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −13.8% | −16.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +2.1%+0.7%/yr | −8.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −9.6%−2.0%/yr | −22.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionOct 11, 2018 | +51.8%+5.3%/yr | +22.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FLSA vs SPY
From Oct 11, 2018: FLSA grew to $15,181, SPY to $31,474.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FLSA returns by calendar year
4 of 7 full years positive. Best 2021 (+35.7%), worst 2025 (−7.1%). 2026 is year to date.
FLSA annual returns table
| Year | FLSA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −5.2% | −15.1% | +12.3% | +15.1% | −1.0% |
| 2025 | −7.1% | −12.3% | +17.7% | +20.8% | +7.2% |
| 2024 | −0.3% | −11.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +13.0% | −15.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −3.6% | −26.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +35.7% | −10.8% | +28.7% | +27.4% | −1.8% |
| 2020 | +3.7% | −31.1% | +18.3% | +48.6% | +7.5% |
| 2019 | +6.9% | −19.9% | +31.2% | +39.0% | +8.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FLSA largest drawdowns
Now 24.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 3, 2019 | −38.3% | Mar 12, 2020 | Mar 9, 2021 | 10 months | 1.9 years |
| Apr 18, 2022 | −27.3% | Mar 17, 2023 | not yet | 11 months | 4.5 years so far |
| Nov 12, 2021 | −10.8% | Nov 30, 2021 | Jan 12, 2022 | 18 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FLSA risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +1.0% | +0.5% | +5.9% |
| Volatility (annualized) | 14.8% | 17.4% | 17.7% |
| Sharpe ratio | -0.16 | -0.09 | 0.26 |
| Sortino ratio | -0.23 | -0.13 | 0.39 |
| Best month | +9.5% | +11.5% | +11.5% |
| Worst month | −7.4% | −10.1% | −10.1% |
| Best 12 months | +12.1% | +23.3% | +54.0% |
| Worst 12 months | −8.1% | −19.6% | −25.2% |
| Positive months | 44% | 48% | 56% |
| Beta vs S&P 500 | 0.13 | 0.29 | — |
| Correlation with S&P 500 | 0.11 | 0.26 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FLSA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 85 | −25.2% | +2.1% | +54.0% | 58% |
| 3-year (a year) | 61 | −4.8% | +7.4% | +20.6% | 84% |
| 5-year (a year) | 37 | −1.6% | +8.4% | +14.5% | 97% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
FLSA performance overview
Franklin FTSE Saudi Arabia ETF (FLSA) returned −13.8% over the past year and −2.0% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +5.3% a year, turning $10,000 into about $15,181. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −38.3%, from May 3, 2019 to Mar 12, 2020, and it took 12 months to get back to the old high. FLSA finished 4 of its 7 full calendar years with a gain; the best year was 2021 (+35.7%) and the worst 2025 (−7.1%). Volatility has been 17.7% a year.
Related: FLSA chart, FLSA holdings, FLSA dividends. See the FLSA overview for the latest quote and fund facts.
FLSA performance FAQ
What is the FLSA return over the past year?
FLSA returned −13.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 16.4%.
What is the average annual return of FLSA?
FLSA has returned −2.0% a year over 5 years, +5.3% a year since October 11, 2018 (total return, distributions reinvested).
How much would $10,000 invested in FLSA be worth?
$10,000 invested in FLSA at its first recorded close on October 11, 2018 would be worth about $15,181 on October 23, 2026 with distributions reinvested.
What was the worst year for FLSA?
The worst calendar year was 2025, with a total return of −7.1%. The best was 2021 at +35.7%.
What is the biggest drawdown of FLSA?
The largest peak-to-trough decline was −38.3% between May 3, 2019 and March 12, 2020. It recovered to the old high on March 9, 2021, 12 months after the bottom.
How volatile is FLSA?
Over the past 3 years FLSA had an annualized volatility of 14.8% and a Sharpe ratio of -0.16 (excess return over 1–3 month T-bills per unit of risk).