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Franklin Euro Short Maturity UCITS ETF (FLES.L)
About this ETF
The fund's main objective is to generate strong total returns, combining both income and capital appreciation, by concentrating on short-duration bonds issued in Euros. Its portfolio primarily consists of high-quality debt securities from corporations and governments, all characterized by a brief maturity period and denominated in the Euro currency. Such eligible investments can originate from any global location.
Price
Top 10 holdings
| FRANCE 0% 27/01/27 | 10.72% |
| BUNDES 1.3% 15/10/27 | 10.22% |
| BUNDES 2.7% 17/09/26 | 8.16% |
| FINLAN 0% 13/08/26 | 6.25% |
| AUSTRI 0% 24/09/26 | 5.74% |
| AUSTRI 0% 27/08/26 | 3.28% |
| FRANCE 0% 26/08/26 | 2.63% |
| EUROP 2.625% 04/07/28 | 2.55% |
| DENMAR 2.25% 02/10/26 | 2.31% |
| FRANCE 2.4% 24/09/28 | 2.17% |
Sector mix
Price chart
Returns
| 1 month | +0.04% |
| 3 months | -1.42% |
| 6 months | -1.08% |
| Year to date | -1.08% |
| 1 year | -0.12% |
| 3 years (ann.) | +0.74% |
| 5 years (ann.) | +0.45% |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 2.08% |
| Sharpe (1y) | -0.05 |
| Sharpe (3y) | 0.32 |
| Sortino (1y) | -0.02 |
| Max drawdown (1y) | -1.88% |
| Max drawdown (5y) | -2.63% |
| Max drawdown (full) | -4.50% |
| Beta vs S&P 500 (1y) | -0.01 |
| Correlation vs S&P 500 (1y) | -0.07 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-11 | 2026-06-23 | EUR 0.4906 |
| 2025-06-11 | 2025-06-23 | EUR 0.6778 |
| 2024-06-12 | 2024-06-24 | EUR 0.6609 |
| 2023-06-12 | 2023-06-22 | EUR 0.3068 |
| 2022-06-10 | 2022-06-22 | EUR 0.0645 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 4.01% | -0.82% | -0.19 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.03% | -0.76% | -0.17 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.52% | -2.72% | -0.64 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.05% | 0.05 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.54% | -0.18 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -1.02% | -0.48 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.86% | -1.04% | -0.22 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.27% | -1.28% | -0.28 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.47% | -0.85% | -0.36 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.89% | -1.50% | -0.41 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 0.0% |
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 0.0% |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 0.0% |
