Key stats
About Franklin Small Cap Enhanced ETF
Home page
Inception date
Dec 9, 2025
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisers, Inc.
Distributor
Franklin Distributors LLC
Identifiers
3
ISIN US35473P3221
FSML provides exposure to US small capitalization equities through a portfolio constructed using fundamental and quantitative inputs. The fund invests primarily in small cap companies that are selected based on valuation, quality, and other company specific characteristics, with the aim of capturing long term capital growth. Portfolio positioning reflects an assessment of relative opportunities across the small cap universe rather than tracking a market capitalization weighted index. Holdings and weights may shift over time as company fundamentals and market conditions evolve, resulting in a portfolio that can differ meaningfully from broad small cap benchmarks.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Electronic Technology
Stocks98.58%
Finance23.47%
Health Technology13.09%
Electronic Technology10.10%
Technology Services8.78%
Producer Manufacturing8.37%
Industrial Services5.65%
Process Industries4.65%
Non-Energy Minerals3.64%
Consumer Services3.28%
Retail Trade2.61%
Health Services2.52%
Distribution Services1.98%
Consumer Durables1.87%
Utilities1.71%
Transportation1.67%
Communications1.47%
Commercial Services1.46%
Energy Minerals1.34%
Consumer Non-Durables0.91%
Bonds, Cash & Other1.42%
Miscellaneous1.19%
Mutual fund0.22%
Cash0.00%
Stock breakdown by region
North America94.93%
Europe5.07%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FSML invests in stocks. The fund's major sectors are Finance, with 23.47% stocks, and Health Technology, with 13.09% of the basket. The assets are mostly located in the North America region.
FSML top holdings are Jackson Financial Incorporation Class A and Commercial Metals Company, occupying 1.36% and 1.32% of the portfolio correspondingly.
FSML assets under management is 100.69 M USD. It's risen 3.97 K% over the last month.
FSML fund flows account for 96.66 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FSML pays dividends to its holders with the dividend yield of 0.24%. The last dividend (Jan 8, 2026) amounted to 0.02 USD. The dividends are paid quarterly.
FSML shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Dec 9, 2025, and its management style is Active.
FSML expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
FSML follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FSML invests in stocks.
FSML price has risen by 5.76% over the last month, and its yearly performance shows a 4.77% increase. See more dynamics on FSML price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.38% over the last month, showed a 7.38% increase in three-month performance and has increased by 7.38% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.38% over the last month, showed a 7.38% increase in three-month performance and has increased by 7.38% in a year.
FSML trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.