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Franklin Liberty Senior Loan ETF (FLBL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Inception Date

May 30, 2018

Region

North America (U.S.)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Bond

Expense Ratio

FLBL has an expense ratio of 0.45%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

Franklin Liberty Senior Loan ETF (FLBL) returned 1.72% year-to-date (YTD) and 6.34% over the past 12 months.


FLBL

YTD

1.72%

1M

2.98%

6M

2.78%

1Y

6.34%

5Y*

6.83%

10Y*

N/A

^GSPC (Benchmark)

YTD

1.30%

1M

12.79%

6M

1.49%

1Y

12.35%

5Y*

15.12%

10Y*

10.89%

*Annualized

Monthly Returns

The table below presents the monthly returns of FLBL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.60%0.12%-0.48%0.04%1.44%1.72%
2024-0.16%0.91%1.56%0.23%1.19%0.32%0.65%0.60%0.14%1.07%1.02%0.45%8.27%
20233.92%-0.09%0.98%0.12%-0.41%3.77%0.82%1.15%-0.01%0.41%1.45%1.90%14.83%
2022-0.06%-0.27%-0.37%-0.26%-2.71%-2.30%2.53%1.73%-3.36%0.93%1.77%-0.17%-2.69%
20210.77%2.00%-1.78%0.88%0.39%0.04%0.09%0.41%0.73%0.19%-0.62%1.22%4.35%
20200.26%-0.93%-8.62%3.81%2.13%0.22%1.12%1.20%0.40%-0.54%2.19%1.46%2.17%
20192.71%1.13%-0.40%1.35%-0.13%-0.08%0.66%0.43%0.66%-0.23%0.49%0.87%7.67%
20180.20%0.00%0.00%1.10%-0.03%-0.10%-2.76%-1.63%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 93, FLBL is among the top 7% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FLBL is 9393
Overall Rank
The Sharpe Ratio Rank of FLBL is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of FLBL is 9292
Sortino Ratio Rank
The Omega Ratio Rank of FLBL is 9797
Omega Ratio Rank
The Calmar Ratio Rank of FLBL is 9191
Calmar Ratio Rank
The Martin Ratio Rank of FLBL is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Franklin Liberty Senior Loan ETF (FLBL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Franklin Liberty Senior Loan ETF Sharpe ratios as of May 18, 2025 (values are recalculated daily):

  • 1-Year: 1.63
  • 5-Year: 1.59
  • All Time: 0.80

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Franklin Liberty Senior Loan ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Franklin Liberty Senior Loan ETF provided a 7.33% dividend yield over the last twelve months, with an annual payout of $1.77 per share.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%$0.00$0.50$1.00$1.50$2.002018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018
Dividend$1.77$1.95$2.03$1.27$0.89$0.80$1.00$0.54

Dividend yield

7.33%8.05%8.37%5.53%3.57%3.22%3.97%2.20%

Monthly Dividends

The table displays the monthly dividend distributions for Franklin Liberty Senior Loan ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.13$0.12$0.12$0.15$0.52
2024$0.00$0.18$0.17$0.16$0.20$0.15$0.15$0.17$0.16$0.16$0.17$0.29$1.95
2023$0.00$0.16$0.14$0.19$0.18$0.19$0.17$0.16$0.19$0.17$0.18$0.32$2.03
2022$0.00$0.07$0.06$0.09$0.07$0.10$0.09$0.10$0.12$0.11$0.13$0.33$1.27
2021$0.14$0.02$0.05$0.07$0.07$0.08$0.08$0.08$0.08$0.07$0.00$0.14$0.89
2020$0.16$0.07$0.08$0.07$0.06$0.06$0.06$0.05$0.06$0.07$0.06$0.00$0.80
2019$0.05$0.08$0.09$0.08$0.19$0.08$0.10$0.08$0.08$0.09$0.07$0.01$1.00
2018$0.02$0.08$0.11$0.07$0.08$0.06$0.13$0.54

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Franklin Liberty Senior Loan ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Franklin Liberty Senior Loan ETF was 19.52%, occurring on Mar 23, 2020. Recovery took 157 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.52%Jan 23, 202042Mar 23, 2020157Nov 10, 2020199
-6.81%Jan 18, 2022117Jul 6, 2022137Jan 20, 2023254
-3.92%Feb 20, 202533Apr 7, 202523May 9, 202556
-3.77%Nov 19, 201824Dec 24, 201837Feb 19, 201961
-2.35%Feb 9, 202331Mar 24, 20238Apr 5, 202339

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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