Franklin Liberty Investment Grade Corporate ETF (FLCO)
FLCO is an actively managed ETF by Franklin Templeton. FLCO launched on Oct 3, 2016 and has a 0.35% expense ratio.
ETF Info
| ISIN | US35473P6034 |
|---|---|
| CUSIP | 35473P603 |
| Issuer | Franklin Templeton |
| Inception Date | Oct 3, 2016 |
| Region | Developed Markets (Broad) |
| Category | Corporate Bonds, Actively Managed |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
The Franklin Liberty Investment Grade Corporate ETF has a high expense ratio of 0.35%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Franklin Liberty Investment Grade Corporate ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Franklin Liberty Investment Grade Corporate ETF had a return of -2.72% year-to-date (YTD) and 1.16% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -2.72% | 6.30% |
| 1 month | -2.15% | -3.13% |
| 6 months | 6.67% | 19.37% |
| 1 year | 1.16% | 22.56% |
| 5 years (annualized) | 0.63% | 11.65% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.30% | -1.51% | 1.34% | |||||||||
| 2023 | -2.80% | -1.78% | 5.76% | 4.29% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Franklin Liberty Investment Grade Corporate ETF(FLCO)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Franklin Liberty Investment Grade Corporate ETF (FLCO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Franklin Liberty Investment Grade Corporate ETF granted a 4.46% dividend yield in the last twelve months. The annual payout for that period amounted to $0.93 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.93 | $0.83 | $0.80 | $0.74 | $1.08 | $0.87 | $0.89 | $0.83 | $0.12 |
Dividend yield | 4.46% | 3.83% | 3.86% | 2.85% | 3.98% | 3.39% | 3.87% | 3.33% | 0.51% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin Liberty Investment Grade Corporate ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.07 | $0.12 | |||||||||
| 2023 | $0.00 | $0.03 | $0.06 | $0.07 | $0.06 | $0.08 | $0.07 | $0.07 | $0.08 | $0.07 | $0.08 | $0.15 |
| 2022 | $0.00 | $0.11 | $0.06 | $0.07 | $0.06 | $0.06 | $0.07 | $0.08 | $0.07 | $0.06 | $0.06 | $0.10 |
| 2021 | $0.06 | $0.06 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.00 | $0.13 |
| 2020 | $0.07 | $0.06 | $0.08 | $0.13 | $0.07 | $0.05 | $0.07 | $0.06 | $0.07 | $0.07 | $0.06 | $0.30 |
| 2019 | $0.08 | $0.07 | $0.07 | $0.05 | $0.09 | $0.07 | $0.06 | $0.07 | $0.07 | $0.06 | $0.05 | $0.14 |
| 2018 | $0.06 | $0.06 | $0.08 | $0.06 | $0.09 | $0.07 | $0.07 | $0.09 | $0.07 | $0.09 | $0.08 | $0.07 |
| 2017 | $0.07 | $0.06 | $0.08 | $0.06 | $0.07 | $0.07 | $0.07 | $0.08 | $0.06 | $0.07 | $0.07 | $0.07 |
| 2016 | $0.04 | $0.04 | $0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin Liberty Investment Grade Corporate 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 Investment Grade Corporate ETF was 22.71%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current Franklin Liberty Investment Grade Corporate ETF drawdown is 13.69%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.71% | Jan 4, 2021 | 454 | Oct 20, 2022 | — | — | — |
| -18.62% | Mar 9, 2020 | 9 | Mar 19, 2020 | 61 | Jun 16, 2020 | 70 |
| -4.75% | Dec 18, 2017 | 170 | Nov 20, 2018 | 56 | Mar 8, 2019 | 226 |
| -4.15% | Oct 14, 2016 | 11 | Dec 1, 2016 | 77 | Jun 2, 2017 | 88 |
| -2.74% | Aug 7, 2020 | 41 | Oct 5, 2020 | 39 | Nov 30, 2020 | 80 |
Volatility
Volatility Chart
The current Franklin Liberty Investment Grade Corporate ETF volatility is 2.04%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.