Franklin U.S. Core Bond ETF (FLCB)

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Franklin U.S. Core Bond ETF (FLCB) is up 0.4% since the beginning of the year. FLCB is currently trading at $21 per share. Investors who bought $1,000 worth of FLCB shares 5 years ago would now be looking at an investment worth $998.

Franklin U.S. Core Bond ETF (FLCB) has returned 0.41% so far this year and 4.54% over the past 12 months.

Based on dividend-adjusted daily data since Sep 19, 2019, FLCB's average daily return is 0.00%, while the average monthly return is +0.09%. At this rate, an investment would double in approximately 64.2 years.

Historically, 55% of months were positive and 45% were negative. The best month was Nov 2023 with a return of +4.6%, while the worst month was Sep 2022 at -4.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FLCB closed higher 49% of trading days. The best single day was Nov 10, 2022 with a return of +1.8%, while the worst single day was Mar 17, 2020 at -2.3%.

Franklin U.S. Core Bond ETF has an annualized alpha of 0.64%, beta of 0.03, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since September 19, 2019.

• This ETF participated in 27.92% of S&P 500 Index downside but only 13.06% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.03 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.01 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FLCB has an expense ratio of 0.15%, which is considered low.

FLCB ranks 33 for risk / return — below 33% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

Franklin U.S. Core Bond ETF provided a 4.30% dividend yield over the last twelve months, with an annual payout of $0.92 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for Franklin U.S. Core Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Franklin U.S. Core Bond 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 U.S. Core Bond ETF was 18.82%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current Franklin U.S. Core Bond ETF drawdown is 2.22%.

The chart below shows the rolling one-month volatility.