---
ticker: "FLSA"
name: "Franklin FTSE Saudi Arabia ETF"
url: "https://etf.net/etf/FLSA"
grade: "C"
score: 40
graded_at: "2026-10-12"
category: "Emerging Markets Single Country"
category_rank: "16 of 22"
methodology: "https://etf.net/methodology"
---

# FLSA: Franklin FTSE Saudi Arabia ETF

Grade **C**, Score 40 of 100. Rank 16 of 22 in Emerging Markets Single Country.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 95 | 2 of 22 |
| Mission | 25 | 17 of 22 |
| Risk | 64 | 5 of 22 |
| Tradability | 40 | 15 of 22 |
| Holdings | 64 | 8 of 20 |
| Durability | 24 | 21 of 22 |

## Top holdings

The fund holds 68 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 1120.SR | Al Rajhi Bank | 14.29% |
| 2 | 2222.SR | Saudi Arabian Oil Co | 12.00% |
| 3 | 1180.SR | The Saudi National Bank | 8.70% |
| 4 | 1211.SR | Saudi Arabian Mining Co | 6.98% |
| 5 | 7010.SR | Saudi Telecom Co | 6.46% |
| 6 | 2010.SR | Saudi Basic Industries Co | 4.39% |
| 7 | 2082.SR | Acwa Power Co | 3.84% |
| 8 | 1010.SR | Riyad Bank | 3.54% |
| 9 | 1150.SR | Alinma Bank | 2.86% |
| 10 | 1060.SR | Saudi Awwal Bank | 2.74% |
| 11 | 2020.SR | Sabic Agri-Nutrients Co | 2.20% |
| 12 | 7020.SR | Etihad Etisalat Co | 1.94% |
| 13 | 1050.SR | Banque Saudi Fransi | 1.94% |
| 14 | 4013.SR | Dr Sulaiman Al Habib Medi | 1.89% |
| 15 | 2280.SR | Almarai Co | 1.76% |
| 16 | 1080.SR | Arab National Bank | 1.56% |
| 17 | 1140.SR | Bank Albilad | 1.36% |
| 18 | 7203.SR | Elm Co | 1.11% |
| 19 | 5110.SR | Saudi Energy Co | 0.97% |
| 20 | 4325.SR | Umm Al Qura For Developme | 0.93% |
| 21 | 8210.SR | Bupa Arabia For Cooperati | 0.89% |
| 22 | 4300.SR | Dar Al Arkan Real Estate | 0.80% |
| 23 | 4250.SR | Jabal Omar Development Co | 0.79% |
| 24 | 8010.SR | Co For Cooperative Insura | 0.78% |
| 25 | 4190.SR | Jarir Marketing Co | 0.76% |
| 26 | 2290.SR | Yanbu National Petrochemi | 0.72% |
| 27 | 1030.SR | Saudi Investment Bank/The | 0.69% |
| 28 | 4142.SR | Riyadh Cables Group Co | 0.62% |
| 29 | 4100.SR | Makkah Construction & Dev | 0.61% |
| 30 | 1303.SR | Electrical Industries Co | 0.59% |

Source: etf.net, https://etf.net/etf/FLSA. Please cite the page URL.