Franklin Short Duration U.S. Government ETF (FTSD)Short Government | Exchange Traded Fund | NYSEArca
90.03 USD
After hours: 90.03 |
Hot Take ↕ | Aug. 22, 2026, 4:36 a.m. EDT
The Franklin Short Duration U.S. Government ETF presents a classic case of a defensive instrument offering attractive income but lacking capital appreciation potential. The most compelling feature is the robust dividend yield of 4.49%, driven by consistent quarterly payouts that have stabilized in the $0.30 to $0.40 range over the last year, signaling a healthy payout ratio relative to the share price. However, the capital gains story is muted; the fund has experienced a cumulative decline of roughly 7% over the past nine years, reflecting the secular trend of lower interest rates on fixed-income portfolios. Crucially, the recent price trajectory shows no signs of structural deterioration, as the asset posted a positive return last year, breaking a streak of six prior years of losses. While the statistical forecast model indicates a very high-confidence flat trend for the coming 45 days, this aligns with the fundamental reality of a short-duration bond fund in a stable rate environment rather than a speculative opportunity. Investors here are buying yield and duration protection, not growth. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.002159 |
| AutoTheta | 0.002306 |
| AutoETS | 0.002346 |
| MSTL | 0.002600 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 84% |
| H-stat | 1.56 |
| Ljung-Box p | 0.021 |
| Jarque-Bera p | 0.006 |
| Excess Kurtosis | 1.74 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.38% | 4.41% | 4.62% | 3.62% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-03 | 0.337 | 0.375278 |
| 2026-07-01 | 0.304 | 0.337365 |
| 2026-06-01 | 0.324 | 0.359122 |
| 2026-05-01 | 0.339 | 0.375000 |
| 2026-04-01 | 0.326 | 0.360181 |
| 2026-03-02 | 0.299 | 0.329223 |
| 2026-02-02 | 0.303 | 0.333077 |
| 2025-12-19 | 0.412 | 0.453994 |
| 2025-12-01 | 0.290 | 0.319313 |
| 2025-11-03 | 0.387 | 0.426446 |
| 2025-10-01 | 0.344 | 0.378896 |
| 2025-09-02 | 0.330 | 0.363556 |
| 2025-08-01 | 0.385 | 0.425179 |
| 2025-07-01 | 0.323 | 0.356906 |
| 2025-06-02 | 0.349 | 0.386062 |
| 2025-05-01 | 0.367 | 0.405167 |
| 2025-04-01 | 0.342 | 0.377984 |
| 2025-03-03 | 0.312 | 0.344219 |
| 2025-02-03 | 0.411 | 0.455503 |
| 2024-12-13 | 0.359 | 0.398402 |
| 2024-12-02 | 0.295 | 0.325931 |
| 2024-11-01 | 0.392 | 0.434397 |
| 2024-10-01 | 0.352 | 0.387281 |
| 2024-09-03 | 0.359 | 0.396291 |
| 2024-08-01 | 0.404 | 0.447199 |
| 2024-07-01 | 0.330 | 0.367811 |
| 2024-06-03 | 0.367 | 0.409233 |
| 2024-05-01 | 0.390 | 0.436095 |
| 2024-04-01 | 0.340 | 0.378957 |
| 2024-03-01 | 0.341 | 0.379987 |
| 2024-02-01 | 0.356 | 0.394854 |
| 2023-12-15 | 0.371 | 0.413647 |
| 2023-12-01 | 0.325 | 0.362359 |
| 2023-11-01 | 0.371 | 0.416901 |
| 2023-10-02 | 0.326 | 0.366745 |
| 2023-09-01 | 0.343 | 0.384788 |
| 2023-08-01 | 0.307 | 0.344248 |
| 2023-07-03 | 0.313 | 0.351133 |
| 2023-06-01 | 0.342 | 0.381441 |
| 2023-05-01 | 0.267 | 0.296667 |
| 2023-04-03 | 0.285 | 0.315824 |
| 2023-03-01 | 0.239 | 0.267487 |
| 2023-02-01 | 0.239 | 0.265379 |
| 2022-12-16 | 0.247 | 0.275793 |
| 2022-12-01 | 0.226 | 0.252091 |
| 2022-11-01 | 0.193 | 0.216927 |
| 2022-10-03 | 0.173 | 0.192887 |
| 2022-09-01 | 0.188 | 0.207345 |
| 2022-08-01 | 0.101 | 0.110600 |
| 2022-07-01 | 0.094 | 0.102935 |
| 2022-06-01 | 0.071 | 0.077502 |
| 2022-05-02 | 0.068 | 0.074333 |
| 2022-04-01 | 0.077 | 0.083732 |
| 2022-03-01 | 0.056 | 0.060144 |
| 2022-02-01 | 0.058 | 0.062072 |
| 2021-12-17 | 0.066 | 0.070273 |
| 2021-12-01 | 0.067 | 0.071208 |
| 2021-10-29 | 0.067 | 0.071042 |
| 2021-09-30 | 0.071 | 0.074950 |
| 2021-08-31 | 0.086 | 0.090736 |
| 2021-07-30 | 0.073 | 0.076899 |
| 2021-06-30 | 0.077 | 0.081112 |
| 2021-05-28 | 0.055 | 0.057767 |
| 2021-04-30 | 0.080 | 0.084016 |
| 2021-03-31 | 0.137 | 0.143923 |
| 2021-02-26 | 0.086 | 0.090260 |
| 2021-01-29 | 0.081 | 0.084640 |
| 2020-12-30 | 0.116 | 0.121187 |
| 2020-11-30 | 0.099 | 0.103665 |
| 2020-10-30 | 0.120 | 0.125602 |
| 2020-09-30 | 0.115 | 0.119992 |
| 2020-08-31 | 0.106 | 0.110474 |
| 2020-07-31 | 0.112 | 0.116861 |
| 2020-06-30 | 0.099 | 0.103319 |
| 2020-05-29 | 0.106 | 0.110844 |
| 2020-04-30 | 0.099 | 0.103697 |
| 2020-03-31 | 0.161 | 0.169831 |
| 2020-02-28 | 0.168 | 0.176582 |
| 2020-01-31 | 0.177 | 0.187005 |
| 2019-12-30 | 0.237 | 0.251006 |
| 2019-11-29 | 0.179 | 0.189458 |
| 2019-10-31 | 0.223 | 0.235555 |
| 2019-09-30 | 0.203 | 0.214815 |
| 2019-08-30 | 0.203 | 0.214339 |
| 2019-07-31 | 0.248 | 0.262267 |
| 2019-06-28 | 0.201 | 0.212227 |
| 2019-05-31 | 0.296 | 0.313659 |
| 2019-04-30 | 0.227 | 0.240288 |
| 2019-03-29 | 0.308 | 0.326064 |
| 2019-02-28 | 0.199 | 0.210716 |
| 2019-01-31 | 0.208 | 0.219943 |
| 2018-12-28 | 0.250 | 0.264943 |
| 2018-11-30 | 0.224 | 0.237464 |
| 2018-10-31 | 0.219 | 0.232410 |
| 2018-09-28 | 0.202 | 0.213689 |
| 2018-08-31 | 0.248 | 0.261355 |
| 2018-07-31 | 0.234 | 0.246861 |
| 2018-06-29 | 0.209 | 0.220162 |
| 2018-05-31 | 0.226 | 0.237620 |
| 2018-04-30 | 0.169 | 0.177857 |
| 2018-03-29 | 0.206 | 0.216296 |
| 2018-02-28 | 0.167 | 0.175236 |
| 2018-01-31 | 0.142 | 0.148707 |
| 2017-12-28 | 0.223 | 0.232801 |
| 2017-11-30 | 0.213 | 0.222199 |
| 2017-10-31 | 0.195 | 0.202850 |
| 2017-09-29 | 0.156 | 0.162044 |
| 2017-08-31 | 0.196 | 0.203256 |
| 2017-07-31 | 0.187 | 0.193903 |
| 2017-06-30 | 0.170 | 0.176093 |
| 2017-05-31 | 0.167 | 0.172556 |
| 2017-04-28 | 0.171 | 0.176507 |
| 2017-03-31 | 0.221 | 0.227554 |
| 2017-02-28 | 0.142 | 0.145806 |
| 2017-01-31 | 0.105 | 0.107980 |
| 2016-12-28 | 0.224 | 0.230571 |
| 2016-11-30 | 0.184 | 0.189808 |
| 2016-10-31 | 0.147 | 0.150677 |
| 2016-09-30 | 0.142 | 0.145016 |
| 2016-08-31 | 0.209 | 0.214161 |
| 2016-07-29 | 0.193 | 0.197786 |
| 2016-06-30 | 0.118 | 0.120470 |
| 2016-05-31 | 0.172 | 0.175887 |
| 2016-01-29 | 0.080 | 0.081342 |
| 2015-12-29 | 0.182 | 0.185204 |
| 2015-11-30 | 0.113 | 0.115601 |
| 2015-09-30 | 0.139 | 0.140802 |
| 2015-08-31 | 0.124 | 0.125379 |
| 2015-07-31 | 0.131 | 0.132430 |
| 2015-06-30 | 0.069 | 0.069697 |
| 2015-05-29 | 0.151 | 0.152510 |
| 2015-03-31 | 0.104 | 0.104828 |
| 2015-02-27 | 0.088 | 0.088611 |
| 2015-01-30 | 0.091 | 0.091632 |
| 2014-12-29 | 0.156 | 0.157179 |
| 2014-11-28 | 0.137 | 0.137702 |
| 2014-10-31 | 0.146 | 0.146660 |
| 2014-09-30 | 0.142 | 0.142484 |
| 2014-08-29 | 0.155 | 0.155217 |
| 2014-07-31 | 0.181 | 0.181236 |
| 2014-06-30 | 0.149 | 0.148836 |
| 2014-05-30 | 0.169 | 0.168932 |
| 2014-04-30 | 0.173 | 0.172465 |
| 2014-03-31 | 0.186 | 0.185167 |
| 2014-02-28 | 0.148 | 0.147337 |
| 2014-01-31 | 0.156 | 0.155147 |
| 2013-12-27 | 0.156 | 0.155178 |
| 2013-11-29 | 0.117 | 0.116268 |
| Attribute | Value |
|---|---|
| All Time High | 102.85 |
| All Time Low | 87.28 |
| Ask | 90.12 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 17,670 |
| Average Daily Volume3 Month | 26,960 |
| Average Volume | 26,960 |
| Average Volume10Days | 17,670 |
| Beta3 Year | 0.18 |
| Bid | 90.03 |
| Bid Size | 300 |
| Category | Short Government |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 90.14 |
| Day Low | 90.03 |
| Dividend Yield | 4.49 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 90.1536 |
| Fifty Day Average Change | -0.12360382 |
| Fifty Day Average Change Percent | -0.0013710358 |
| Fifty Two Week Change Percent | -0.8152485 |
| Fifty Two Week High | 91.51 |
| Fifty Two Week High Change | -1.4800034 |
| Fifty Two Week High Change Percent | -0.016173132 |
| Fifty Two Week Low | 89.57 |
| Fifty Two Week Low Change | 0.45999908 |
| Fifty Two Week Low Change Percent | 0.0051356377 |
| Fifty Two Week Range | 89.57 - 91.51 |
| First Trade Date Milliseconds | 1,383,661,800,000 |
| Five Year Average Return | 0.0261884 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.0 |
| Fullday Change Percent | 0.0 |
| Fullday Price | 90.03 |
| Fund Family | Franklin Templeton Investments |
| Fund Inception Date | 1,383,523,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market conditions, the fund invests at least 80% of its net assets in securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities. To pursue its investment goal, it may invest in certain interest rate-related derivative transactions, principally U.S. Treasury futures contracts and options on interest rate/bond futures. |
| Long Name | Franklin Short Duration U.S. Government ETF |
| Market | us_market |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_232663577 |
| Nav Price | 90.01768 |
| Net Assets | 301,849,280.0 |
| Net Expense Ratio | 0.25 |
| Open | 90.15 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 90.03 |
| Post Market Time | 1,788,210,300 |
| Previous Close | 90.03 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 90.14 |
| Regular Market Day Low | 90.03 |
| Regular Market Day Range | 90.03 - 90.14 |
| Regular Market Open | 90.15 |
| Regular Market Previous Close | 90.03 |
| Regular Market Price | 90.03 |
| Regular Market Time | 1,788,206,400 |
| Regular Market Volume | 12,787 |
| Short Name | Franklin Short Duration U.S. Go |
| Source Interval | 15 |
| Symbol | FTSD |
| Three Year Average Return | 0.0500285 |
| Total Assets | 301,849,280 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.40593 |
| Trailing Three Month Returns | 0.40593 |
| Triggerable | 1 |
| Two Hundred Day Average | 90.60775 |
| Two Hundred Day Average Change | -0.57775116 |
| Two Hundred Day Average Change Percent | -0.0063763987 |
| Type Disp | ETF |
| Volume | 12,787 |
| Yield | 0.044899996 |
| Ytd Return | 1.22037 |