The Franklin Liberty Systematic Style Premia ETF (FLSP) is an actively managed fund that allocates its assets across two strategies. In the first, the portfolio managers focus on factors like value, momentum, and carry, and consider those factors in making bullish and bearish bets across stocks, bonds, commodities, and currencies. In the second strategy, the team uses factors like quality, momentum, and value in determining whether to hold long or short positions in individual stocks and stock indices. The fund is reasonably priced for what it offers but offers little liquidity and often trades at wide spreads.
Ultimately any actively managed fund is a bet on the manager’s ability to outperform the market. FLSP is reasonably priced for what it offers but is not a tool for buy-and-hold investors who want low-cost, diversified asset allocation.
There are other hedge-fund imitators in the ETF marketplace. Given the consistent under-performance of active management, investors might wonder if there’s any point in trying to mimic them, but that hasn’t stopped issuers from trying. Other variations include the SPDR SSga Multi-Asset Real Return ETF (RLY), the RPAR Risk Parity ETF (RPAR), and the First Trust Long/Short Equity ETF (FTLS).
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This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.
View charts featuring ETF fund flow data.5 Day Net Flows: 0 1 Month Net Flows: 0 3 Month Net Flows: 1.96 M 6 Month Net Flows: 1.96 M 1 Year Net Flows: 6.49 M 3 Year Net Flows: 52.18 M 5 Year Net Flows: 52.18 M 10 Year Net Flows: 52.18 M
The adjacent table gives investors an individual Realtime Rating for FLSP on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Long-Short with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.
FLSP does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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