Franklin Short Duration U.S. Government ETF
$88.95+0.12 (+0.14%)
- 0.25%
- $338M
- +2.0%
- 4.44%
- 0M sh
- $88.81
- low $88.49high $91.51
The ETF.net FTSD Grade
C
Score 51 out of 100
- 12 of 15
Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F18 out of 100Rank 12 of 15Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 14Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C53 out of 100Rank 6 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D35 out of 100Rank 10 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C51 out of 100Rank 10 of 15Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C52 out of 100Rank 9 of 15
Our read on FTSD
CMost short-government ETFs just clone a 1-3 year Treasury index. FTSD's mandate is wider: at least 80% in U.S. government, agency or instrumentality debt, run for current income and capital preservation since 2013.
The Fund seeks high current income consistent with prudent investing and capital preservation, investing at least 80% of net assets in U.S. government, agency, or instrumentality securities.
Why people hold it
- The mandate reaches past plain Treasuries into agency and instrumentality paper, with at least 80% of net assets in government-backed debt and a stated goal of income plus capital preservation.
- Short duration by design, so a swing in rates moves it far less than a long bond fund does. Franklin has been running this one since 2013.
- Income lands monthly, and the fund has stuck closely to the mandate its prospectus describes.
Worth knowing
- 0.25% a year, above the 0.15% cohort median. The big index trackers (VGSH, SCHO, SPTS) charge 0.03%, so the broader government mandate carries a real price tag.
- Thinly traded next to the category heavyweights, which can mean wider spreads on the way in and out.
- The stated aim is current income and capital preservation, not capital growth. This is a short-end parking spot, and it behaves like one.
FTSD Holdings
- Bonds
- 335
- 39%
- Us Treasury N/ 4.25 12/26
Geography
- United States100.00%
FTSD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FTSD$10,205
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FTSD |
|---|---|
| Year to date | +0.7% |
| 1 month | −0.3% |
| 3 months | −0.3% |
| 1 year | +2.0% |
| 3 years | +4.6% |
| 5 years | +2.5% |
| 10 years | +2.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FTSD |
|---|---|---|
| 2026 YTD | +0.7% | |
| 2025 | +5.7% | |
| 2024 | +5.2% | |
| 2023 | +4.8% | |
| 2022 | −3.1% | |
| 2021 | −0.9% | |
| 2020 | +3.1% |
FTSD in the news
FTSD Dividends
- 4.44%
- $3.95
- $0.33 per share
- Monthly
Distribution history
FTSD Risk
- 1.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.01
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.17
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FTSD Cost
0.25%
FTSD0.25%
- The middle half of Treasuries (1-3 Year) funds
- Median 0.15%
11 of the 15 Treasuries (1-3 Year) funds charge less.
Other funds in Treasuries (1-3 Year)
- BUSSHWisdomTree 1-3 Year Laddered Treasury FundExpense ratio 0.15%1 year return +1.4%
- BNEARiShares Short Duration Bond Active ETFExpense ratio 0.25%1 year return +2.0%
- CCUSTCorgi 1-3 Year Treasury Bond ETFExpense ratio 0.05%1 year return —
- CBWZSPDR Bloomberg Short Term International Treasury Bond ETFExpense ratio 0.35%1 year return −0.9%
- DSJLDSanJac Alpha Low Duration ETFExpense ratio 0.35%1 year return +2.9%