Franklin Liberty Senior Loan ETF (FLBL) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FLBL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLBL
FLBL charges 0.45% annually. There are 71 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.60B | Jul 2023 | FLBL vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.10B | Jun 2012 | FLBL vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.69B | Sep 2025 | FLBL vs NHYB | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 615.80M | Sep 2016 | FLBL vs BBHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.49B | Dec 2016 | FLBL vs HYLB |
Best Risk-Adjusted Alternatives to FLBL
FLBL has a PortfoliosLab risk / return rank of 21. There are 84 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 95 | 962.59M | Aug 2018 | FLBL vs BSJQ | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 86 | 9.36M | Nov 2024 | FLBL vs LDRH | |
| Pacific Global Senior Loan ETF | 85 | 624.90M | Feb 2015 | FLBL vs FLRT | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 85 | 239.72M | Dec 2013 | FLBL vs HYZD | |
| Putnam ESG High Yield ETF - | 84 | 7.62M | Jan 2023 | FLBL vs PHYD |
Top Performing FLBL Alternatives (YTD)
FLBL is at 0.64% YTD. There are 87 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 11.75%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 11.75% | — | Aug 2025 | FLBL vs DADS | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 4.12% | 522.05M | May 2012 | FLBL vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 3.51% | 174.87M | May 2013 | FLBL vs HYHG | |
| Principal Active High Yield ETF | 3.38% | 566.30M | Jul 2015 | FLBL vs YLD | |
| Fidelity Sustainable High Yield ETF | 3.38% | 125.35M | Feb 2022 | FLBL vs FSYD |
Lowest Volatility Alternatives to FLBL
FLBL has 2.63% 1-year volatility. There are 7 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | FLBL vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.35% | 962.59M | Aug 2018 | FLBL vs BSJQ | |
| Pacific Global Senior Loan ETF | 1.59% | 624.90M | Feb 2015 | FLBL vs FLRT | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 2.08% | 847.56M | Sep 2019 | FLBL vs BSJR | |
| iShares iBonds 2027 Term High Yield and Income ETF | 2.09% | 500.53M | Jul 2021 | FLBL vs IBHG |
Lowest Drawdown Alternatives to FLBL
FLBL has a 1-year max drawdown of -3.18%. There are 76 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.54%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 962.59M | Aug 2018 | FLBL vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 500.53M | Jul 2021 | FLBL vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 847.56M | Sep 2019 | FLBL vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 452.61M | Mar 2022 | FLBL vs IBHH | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | -1.23% | 9.36M | Nov 2024 | FLBL vs LDRH |
Other ETFs from Franklin Templeton
The 10 most viewed Franklin Templeton ETFs shown here include LVHI, FLIN, FLKR and span 9 categories. AUM among these funds goes as high as $5B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | Volatility Hedged Equity, Dividend | 93 | 12.17% | 4.99B | Jul 2016 | FLBL vs LVHI | |
| Franklin FTSE India ETF | Asia Pacific Equities | 5 | -7.51% | 2.55B | Feb 2018 | FLBL vs FLIN | |
| Franklin FTSE South Korea ETF | Asia Pacific Equities | 93 | 101.15% | 1.16B | Nov 2017 | FLBL vs FLKR | |
| Franklin U.S. Low Volatility High Dividend Index E... | Dividend | 44 | 11.18% | 588.56M | Dec 2015 | FLBL vs LVHD | |
| Franklin International Core Dividend Tilt Index ET... | Foreign Large Cap Equities, Dividend | 54 | 10.38% | 2.60B | Jun 2016 | FLBL vs DIVI | |
| Putnam BDC Income ETF | Financials Equities | 4 | -12.12% | 272.46M | Sep 2022 | FLBL vs PBDC | |
| Franklin FTSE Japan ETF | Japan Equities | 55 | 15.07% | 3.93B | Nov 2017 | FLBL vs FLJP | |
| Franklin Responsibly Sourced Gold ETF | Gold, Precious Metals | 21 | -7.99% | 437.03M | Jun 2022 | FLBL vs FGDL | |
| Franklin FTSE China ETF | China Equities | 7 | -12.69% | 264.76M | Nov 2017 | FLBL vs FLCH | |
| Franklin FTSE Japan Hedged ETF | Japan Equities | 86 | 20.52% | 171.61M | Nov 2017 | FLBL vs FLJH |
Often Compared With FLBL
Investors most often compare FLBL with BKLN, FFRHX, FLHY. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FLBL with Any Fund or Stock
Compare FLBL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLBL with funds that move differently
Franklin Liberty Senior Loan ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLBL.
Explore FLBL Diversifiers