PortfoliosLab logo

Franklin Liberty Investment Grade Corporate ETF (FLCO)

ETF · Currency in USD · Last updated Mar 18, 2023

FLCO is an actively managed ETF by Franklin Templeton. FLCO launched on Oct 3, 2016 and has a 0.35% expense ratio.

Share Price Chart


Loading data...

Performance

The chart shows the growth of $10,000 invested in Franklin Liberty Investment Grade Corporate ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,562 for a total return of roughly 5.62%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
4.40%
6.48%
FLCO (Franklin Liberty Investment Grade Corporate ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with FLCO

Return

Franklin Liberty Investment Grade Corporate ETF had a return of 2.19% year-to-date (YTD) and -6.90% in the last 12 months. Over the past 10 years, Franklin Liberty Investment Grade Corporate ETF had an annualized return of 0.98%, while the S&P 500 had an annualized return of 9.39%, indicating that Franklin Liberty Investment Grade Corporate ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-0.37%-5.31%
Year-To-Date2.19%2.01%
6 months1.76%0.39%
1 year-6.90%-10.12%
5 years (annualized)1.23%6.12%
10 years (annualized)0.98%9.39%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20234.41%-3.25%
2022-4.93%-1.17%5.42%-0.72%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Franklin Liberty Investment Grade Corporate ETF Sharpe ratio is -0.68. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.68
-0.43
FLCO (Franklin Liberty Investment Grade Corporate ETF)
Benchmark (^GSPC)

Dividend History

Franklin Liberty Investment Grade Corporate ETF granted a 4.24% dividend yield in the last twelve months. The annual payout for that period amounted to $0.90 per share.


PeriodTTM2022202120202019201820172016
Dividend$0.90$0.80$0.74$1.08$0.87$0.89$0.83$0.12

Dividend yield

4.24%3.87%2.97%4.27%3.79%4.47%4.00%0.64%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.03
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 Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-26.00%-24.00%-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%NovemberDecember2023FebruaryMarch
-16.01%
-18.34%
FLCO (Franklin Liberty Investment Grade Corporate ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Franklin Liberty Investment Grade Corporate ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Franklin Liberty Investment Grade Corporate ETF is 22.71%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.71%Jan 4, 2021454Oct 20, 2022
-18.62%Mar 9, 20209Mar 19, 202061Jun 16, 202070
-4.75%Dec 18, 2017170Nov 20, 201856Mar 8, 2019226
-4.15%Oct 14, 201611Dec 1, 201677Jun 2, 201788
-2.74%Aug 7, 202041Oct 5, 202039Nov 30, 202080
-2.41%Aug 29, 201911Sep 13, 201915Oct 4, 201926
-1.55%Oct 7, 201925Nov 8, 201912Nov 26, 201937
-1.03%Jul 5, 20197Jul 16, 201912Aug 1, 201919
-0.96%Mar 2, 20201Mar 2, 20202Mar 4, 20203
-0.83%Oct 16, 201720Nov 14, 201713Dec 11, 201733

Volatility Chart

Current Franklin Liberty Investment Grade Corporate ETF volatility is 5.84%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
5.84%
21.17%
FLCO (Franklin Liberty Investment Grade Corporate ETF)
Benchmark (^GSPC)