Franklin FTSE Taiwan ETF (FLTW) Performance
FLTW total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +66.2% since Dec 31, 2025
- 1 year
- +69.8% total return
- 5 years
- +21.5% a year
- Since first price
- +19.0% a year since 2017
FLTW trailing returns vs SPY, QQQ, AGG
| Period | FLTW total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −7.2% | −7.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.8% | +4.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +24.7% | +24.5% | +7.8% | +8.4% | −1.5% |
| YTD | +66.2% | +65.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +69.8% | +65.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +201.0%+44.4%/yr | +180.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +165.2%+21.5%/yr | +133.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionNov 6, 2017 | +376.4%+19.0%/yr | +292.7% | — | — | — |
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: FLTW vs SPY
From Nov 6, 2017: FLTW grew to $47,642, SPY to $33,697.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FLTW returns by calendar year
6 of 8 full years positive. Best 2025 (+32.0%), worst 2022 (−27.5%). 2026 is year to date.
FLTW annual returns table
| Year | FLTW | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +66.2% | −21.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +32.0% | −24.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +16.7% | −16.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +30.0% | −11.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −27.5% | −38.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +29.5% | −12.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +29.8% | −28.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +31.2% | −10.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −9.3% | −17.4% | −4.6% | −0.1% | +0.1% |
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.
FLTW largest drawdowns
Now 11.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 13, 2022 | −38.0% | Oct 24, 2022 | Apr 9, 2024 | 9 months | 2.2 years |
| Jan 13, 2020 | −28.9% | Mar 19, 2020 | Jul 6, 2020 | 2 months | 6 months |
| Jul 11, 2024 | −26.4% | Apr 8, 2025 | Jun 10, 2025 | 9 months | 11 months |
| Jun 22, 2026 | −21.3% | Jul 29, 2026 | Sep 21, 2026 | 37 days | 3 months |
| Jan 25, 2018 | −19.3% | Jan 3, 2019 | Oct 21, 2019 | 11 months | 1.7 years |
| Apr 29, 2021 | −12.9% | May 17, 2021 | Aug 4, 2021 | 18 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FLTW risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +47.7% | +23.2% | +20.5% |
| Volatility (annualized) | 25.4% | 26.1% | 23.1% |
| Sharpe ratio | 1.50 | 0.80 | 0.82 |
| Sortino ratio | 3.69 | 1.55 | 1.50 |
| Best month | +26.8% | +26.8% | +26.8% |
| Worst month | −11.9% | −14.7% | −14.7% |
| Best 12 months | +115.5% | +115.5% | +115.5% |
| Worst 12 months | +0.5% | −31.2% | −31.2% |
| Positive months | 67% | 58% | 60% |
| Beta vs S&P 500 | 1.43 | 1.12 | — |
| Correlation with S&P 500 | 0.70 | 0.67 | — |
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.
FLTW rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 96 | −31.2% | +19.8% | +115.5% | 76% |
| 3-year (a year) | 72 | +0.7% | +15.7% | +47.7% | 100% |
| 5-year (a year) | 48 | +7.7% | +14.7% | +23.2% | 100% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
FLTW performance overview
Franklin FTSE Taiwan ETF (FLTW) returned +69.8% over the past year and +21.5% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +19.0% a year, turning $10,000 into about $47,642. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −38.0%, from Jan 13, 2022 to Oct 24, 2022, and it took 1.5 years to get back to the old high. FLTW finished 6 of its 8 full calendar years with a gain; the best year was 2025 (+32.0%) and the worst 2022 (−27.5%). Volatility has been 23.1% a year.
Related: FLTW chart, FLTW holdings, FLTW dividends. See the FLTW overview for the latest quote and fund facts.
FLTW performance FAQ
What is the FLTW return over the past year?
FLTW returned +69.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 65.4%.
What is the average annual return of FLTW?
FLTW has returned +21.5% a year over 5 years, +19.0% a year since November 6, 2017 (total return, distributions reinvested).
How much would $10,000 invested in FLTW be worth?
$10,000 invested in FLTW at its first recorded close on November 6, 2017 would be worth about $47,642 on October 23, 2026 with distributions reinvested.
What was the worst year for FLTW?
The worst calendar year was 2022, with a total return of −27.5%. The best was 2025 at +32.0%.
What is the biggest drawdown of FLTW?
The largest peak-to-trough decline was −38.0% between January 13, 2022 and October 24, 2022. It recovered to the old high on April 9, 2024, 1.5 years after the bottom.
How volatile is FLTW?
Over the past 3 years FLTW had an annualized volatility of 25.4% and a Sharpe ratio of 1.50 (excess return over 1–3 month T-bills per unit of risk).