Franklin Canadian Corporate Bond Fund ETF (FLCI.TO)

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Franklin Canadian Corporate Bond Fund ETF (FLCI.TO) is up 2.1% since the beginning of the year. FLCI.TO is currently trading at CA$18 per share. Investors who bought CA$1,000 worth of FLCI.TO shares 5 years ago would now be looking at an investment worth CA$1,138.

Franklin Canadian Corporate Bond Fund ETF (FLCI.TO) has returned 2.06% so far this year and 6.04% over the past 12 months.

Based on dividend-adjusted daily data since Jul 18, 2017, FLCI.TO's average daily return is +0.01%, while the average monthly return is +0.25%. At this rate, an investment would double in approximately 23.1 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +6.8%, while the worst month was Mar 2020 at -8.1%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FLCI.TO closed higher 44% of trading days. The best single day was Mar 31, 2020 with a return of +3.7%, while the worst single day was Mar 23, 2020 at -6.6%.

Franklin Canadian Corporate Bond Fund ETF has an annualized alpha of 2.80%, beta of -0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since July 18, 2017.

• This ETF participated in 26.53% of S&P 500 Index downside but only 18.98% of its upside - more exposed to losses than it benefited from rallies.
• Beta of -0.00 may look defensive, but with R2 of 0.00 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 0.00 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.

FLCI.TO has an expense ratio of 0.39%, placing it in the medium range.

FLCI.TO ranks 49 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

Franklin Canadian Corporate Bond Fund ETF provided a 4.41% dividend yield over the last twelve months, with an annual payout of CA$0.80 per share.

The table displays the monthly dividend distributions for Franklin Canadian Corporate Bond Fund 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 Canadian Corporate Bond Fund 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 Canadian Corporate Bond Fund ETF was 17.51%, occurring on Mar 23, 2020. Recovery took 73 trading sessions.

The chart below shows the rolling one-month volatility.