FSML - Franklin Small Cap Enhanced ETF
The fund seeks long-term capital appreciation by investing in a portfolio of small cap equity securities selected from the fund's investible universe (as represented by the Russell 2000 Index). The fund pursues a multi-factor, quantitative investment approach that leverages the active convictions of the Specialist Investment Managers at Franklin Templeton including Putnam, Royce, Franklin and Clearbridge.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $2.9M
- Beta
- 1.19
- 52-Week Range
- 23.904-28.97
- Dividend Yield
- $0.04
- IPO Date
- Dec 12, 2025
- Exchange
- AMEX
FSML Options Snapshot
Options pricing data for FSML is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The FSML overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked FSML overview questions
- What is FSML?
- FSML is the ticker symbol for Franklin Small Cap Enhanced ETF, an listed exchange-traded fund. The fund seeks long-term capital appreciation by investing in a portfolio of small cap equity securities selected from the fund's investible universe (as represented by the Russell 2000 Index). The fund pursues a multi-factor, quantitative investment approach that leverages the active convictions of the Specialist Investment Managers at Franklin Templeton including Putnam, Royce, Franklin and Clearbridge. Listed on AMEX. FSML is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are FSML's key statistics?
- Franklin Small Cap Enhanced ETF (FSML) carries a market capitalization of $2.9M, 52-week range of 23.904-28.97. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does FSML belong to?
- Franklin Small Cap Enhanced ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare FSML's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the FSML data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for FSML, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.