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FLSP vs MULT

Franklin Systematic Style Premia ETF vs Franklin Multisector Income ETF

FLSP

Franklin Systematic Style Premia ETF

Annual cost

0.65%

Fund size

$908M

MULT

Franklin Multisector Income ETF

Annual cost

0.39%

Fund size

$15M

Key differences

  • MULT costs 0.26% less per year.
  • FLSP is significantly larger than MULT — larger funds tend to be more liquid and less likely to close.
  • FLSP is classified as alternative, while MULT is fixed income — different risk/return profiles.
  • FLSP follows a multi strategy strategy; MULT uses index tracking.
  • FLSP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FLSPMULT
Annual cost (TER)0.65%0.39%
Fund size (AUM)$908M$15M
Since20192025
Dividend yield2.63%
Asset classalternativefixed income
Regionglobal ex us
Strategymulti strategyindex tracking
CAGR 1Y+15.6%N/A
CAGR 3Y+10.5%N/A
CAGR 5Y+8.2%N/A
Sharpe 3Y0.57N/A
Volatility 1Y9.29%
Max drawdown-22.75%-1.70%

Similar to FLSP and MULT