Franklin Liberty U.S. Treasury Bond ETF (FLGV) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FLGV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLGV
FLGV charges 0.09% annually. There are 42 ETFs in the Government Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab Short-Term U.S. Treasury ETF | 0.03% | 12.71B | Aug 2010 | FLGV vs SCHO | |
| Vanguard Short-Term Treasury ETF | 0.03% | 33.90B | Nov 2009 | FLGV vs VGSH | |
| Vanguard Long-Term Treasury ETF | 0.03% | 14.80B | Nov 2009 | FLGV vs VGLT | |
| State Street SPDR Portfolio Treasury ETF | 0.03% | 281.41M | May 2024 | FLGV vs SPTB | |
| Vanguard Intermediate-Term Treasury ETF | 0.03% | 49.50B | Nov 2009 | FLGV vs VGIT |
Best Risk-Adjusted Alternatives to FLGV
FLGV has a PortfoliosLab risk / return rank of 25. There are 30 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.54B | May 2007 | FLGV vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.67B | Sep 2016 | FLGV vs GBIL | |
| iShares 0-1 Year Treasury Bond ETF | 100 | 20.81B | Jan 2007 | FLGV vs SHV | |
| iShares Treasury Floating Rate Bond ETF | 100 | 6.61B | Feb 2014 | FLGV vs TFLO | |
| WisdomTree Floating Rate Treasury Fund | 100 | 17.46B | Feb 2014 | FLGV vs USFR |
Top Performing FLGV Alternatives (YTD)
FLGV is at 0.21% YTD. There are 46 ETFs in the Government Bonds category with higher YTD returns, going as high as 6.53%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quadratic Deflation ETF | 6.53% | 24.48M | Sep 2021 | FLGV vs BNDD | |
| iShares Global Government Bond USD Hedged Active E... | 2.75% | 2.80B | Jun 2025 | FLGV vs GGOV | |
| Simplify Treasury Option Income ETF | 2.12% | 465.86M | Oct 2022 | FLGV vs BUCK | |
| WisdomTree Floating Rate Treasury Fund | 1.82% | 17.46B | Feb 2014 | FLGV vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 1.81% | 6.61B | Feb 2014 | FLGV vs TFLO |
Lowest Volatility Alternatives to FLGV
FLGV has 3.70% 1-year volatility. There are 44 ETFs in the Government Bonds category with lower 1-year volatility, going as low as 0.20%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.54B | May 2007 | FLGV vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.81B | Jan 2007 | FLGV vs SHV | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 0.23% | 7.67B | Sep 2016 | FLGV vs GBIL | |
| WisdomTree Floating Rate Treasury Fund | 0.27% | 17.46B | Feb 2014 | FLGV vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 0.29% | 6.61B | Feb 2014 | FLGV vs TFLO |
Lowest Drawdown Alternatives to FLGV
FLGV has a 1-year max drawdown of -2.82%. There are 36 ETFs in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 46.54B | May 2007 | FLGV vs BIL | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.61B | Feb 2014 | FLGV vs TFLO | |
| WisdomTree Floating Rate Treasury Fund | -0.02% | 17.46B | Feb 2014 | FLGV vs USFR | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02% | 7.67B | Sep 2016 | FLGV vs GBIL | |
| iShares 0-1 Year Treasury Bond ETF | -0.03% | 20.81B | Jan 2007 | FLGV vs SHV |
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 | 12.42% | 4.99B | Jul 2016 | FLGV vs LVHI | |
| Franklin FTSE India ETF | Asia Pacific Equities | 4 | -8.37% | 2.55B | Feb 2018 | FLGV vs FLIN | |
| Franklin FTSE South Korea ETF | Asia Pacific Equities | 92 | 97.22% | 1.16B | Nov 2017 | FLGV vs FLKR | |
| Franklin U.S. Low Volatility High Dividend Index E... | Dividend | 40 | 10.55% | 588.56M | Dec 2015 | FLGV vs LVHD | |
| Franklin International Core Dividend Tilt Index ET... | Foreign Large Cap Equities, Dividend | 54 | 10.71% | 2.60B | Jun 2016 | FLGV vs DIVI | |
| Putnam BDC Income ETF | Financials Equities | 4 | -11.42% | 272.46M | Sep 2022 | FLGV vs PBDC | |
| Franklin FTSE Japan ETF | Japan Equities | 53 | 15.09% | 3.93B | Nov 2017 | FLGV vs FLJP | |
| Franklin Responsibly Sourced Gold ETF | Gold, Precious Metals | 21 | -4.86% | 437.03M | Jun 2022 | FLGV vs FGDL | |
| Franklin FTSE China ETF | China Equities | 9 | -12.17% | 264.76M | Nov 2017 | FLGV vs FLCH | |
| Franklin FTSE Japan Hedged ETF | Japan Equities | 82 | 20.28% | 171.61M | Nov 2017 | FLGV vs FLJH |
Often Compared With FLGV
Investors most often compare FLGV with FLCB, FLUD, PYLD. These 20 comparison targets span 17 categories, based on PortfoliosLab usage data.
Compare FLGV with Any Fund or Stock
Compare FLGV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLGV with funds that move differently
Franklin Liberty U.S. Treasury Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLGV.
Explore FLGV Diversifiers