Franklin Liberty High Yield Corporate ETF (FLHY)
FLHY is an actively managed ETF by Franklin Templeton. FLHY launched on May 30, 2018 and has a 0.40% expense ratio.
ETF Info
| Issuer | Franklin Templeton |
|---|---|
| Inception Date | May 30, 2018 |
| Region | Developed Markets (Broad) |
| Category | High Yield Bonds, Actively Managed |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
FLHY features an expense ratio of 0.40%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FLHY vs. FDHY, FLHY vs. BSJO, FLHY vs. HYDB, FLHY vs. SPY, FLHY vs. FLBL, FLHY vs. HYGV, FLHY vs. PULS, FLHY vs. HYGH, FLHY vs. GHYG, FLHY vs. HNDL
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Franklin Liberty High Yield 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 High Yield Corporate ETF had a return of 8.90% year-to-date (YTD) and 14.58% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.90% | 25.82% |
| 1 month | 0.35% | 3.20% |
| 6 months | 6.21% | 14.94% |
| 1 year | 14.58% | 35.92% |
| 5 years (annualized) | 4.83% | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of FLHY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.47% | 0.52% | 1.32% | -0.99% | 1.98% | 0.67% | 2.09% | 1.55% | 1.03% | -1.01% | 8.90% | ||
| 2023 | 3.93% | -1.82% | 2.46% | 0.27% | -0.63% | 1.76% | 1.40% | 0.22% | -1.16% | -1.31% | 4.53% | 3.24% | 13.40% |
| 2022 | -2.14% | -1.58% | -1.35% | -3.74% | 1.31% | -7.16% | 5.69% | -2.91% | -3.56% | 2.98% | 3.50% | -1.30% | -10.45% |
| 2021 | -0.56% | 0.17% | 0.47% | 0.89% | 0.20% | 1.22% | 0.37% | 0.36% | 0.09% | -0.45% | -1.33% | 2.55% | 4.00% |
| 2020 | -0.16% | -1.13% | -11.56% | 5.20% | 6.02% | -0.18% | 5.19% | 0.56% | -1.35% | 0.69% | 3.04% | 2.43% | 7.78% |
| 2019 | 4.09% | 2.42% | 0.92% | 1.84% | -1.60% | 3.05% | 0.32% | 0.67% | 0.77% | 0.83% | -0.08% | 2.01% | 16.20% |
| 2018 | 0.04% | 1.12% | 0.73% | 0.74% | -1.68% | -0.47% | -1.75% | -1.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FLHY is 93, placing it in the top 7% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Franklin Liberty High Yield Corporate ETF (FLHY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Franklin Liberty High Yield Corporate ETF provided a 6.38% dividend yield over the last twelve months, with an annual payout of $1.54 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.54 | $1.47 | $1.44 | $1.44 | $1.46 | $1.43 | $1.02 |
Dividend yield | 6.38% | 6.25% | 6.54% | 5.50% | 5.48% | 5.45% | 4.28% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin Liberty High Yield 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.13 | $0.12 | $0.13 | $0.14 | $0.14 | $0.11 | $0.14 | $0.12 | $0.11 | $0.15 | $1.29 | |
| 2023 | $0.00 | $0.07 | $0.11 | $0.12 | $0.16 | $0.14 | $0.12 | $0.12 | $0.13 | $0.12 | $0.13 | $0.25 | $1.47 |
| 2022 | $0.00 | $0.10 | $0.10 | $0.15 | $0.12 | $0.12 | $0.11 | $0.09 | $0.14 | $0.13 | $0.11 | $0.28 | $1.44 |
| 2021 | $0.18 | $0.09 | $0.10 | $0.10 | $0.10 | $0.12 | $0.11 | $0.11 | $0.12 | $0.10 | $0.00 | $0.31 | $1.44 |
| 2020 | $0.15 | $0.09 | $0.13 | $0.23 | $0.12 | $0.11 | $0.14 | $0.11 | $0.12 | $0.10 | $0.11 | $0.05 | $1.46 |
| 2019 | $0.00 | $0.11 | $0.13 | $0.11 | $0.29 | $0.12 | $0.14 | $0.12 | $0.05 | $0.11 | $0.12 | $0.13 | $1.43 |
| 2018 | $0.11 | $0.13 | $0.13 | $0.11 | $0.14 | $0.12 | $0.28 | $1.02 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin Liberty High Yield 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 High Yield Corporate ETF was 22.57%, occurring on Mar 23, 2020. Recovery took 88 trading sessions.
The current Franklin Liberty High Yield Corporate ETF drawdown is 0.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.57% | Feb 13, 2020 | 27 | Mar 23, 2020 | 88 | Jul 29, 2020 | 115 |
| -15.19% | Dec 28, 2021 | 189 | Sep 27, 2022 | 305 | Dec 13, 2023 | 494 |
| -5.44% | Oct 4, 2018 | 32 | Dec 24, 2018 | 18 | Jan 24, 2019 | 50 |
| -2.48% | Sep 16, 2021 | 51 | Nov 26, 2021 | 19 | Dec 23, 2021 | 70 |
| -2.46% | Sep 3, 2020 | 15 | Sep 24, 2020 | 9 | Oct 7, 2020 | 24 |
Volatility
Volatility Chart
The current Franklin Liberty High Yield Corporate ETF volatility is 1.03%, 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.