- ISIN
- US35473P6117
- CUSIP
- 35473P611
- Issuer
- Franklin Templeton
- Inception Date
- May 30, 2018
- Region
- Developed Markets (Broad)
- Category
- International Government Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $761M
Share Price Chart
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Performance
FLIA Performance Chart
Franklin Liberty International Aggregate Bond ETF (FLIA) is up 1.7% since the beginning of the year. FLIA is currently trading at $20 per share. Investors who bought $1,000 worth of FLIA shares 5 years ago would now be looking at an investment worth $1,052.
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Returns By Period
Franklin Liberty International Aggregate Bond ETF (FLIA) has returned 1.68% so far this year and 2.80% over the past 12 months.
Franklin Liberty International Aggregate Bond ETF
- 1D
- 0.02%
- 1M
- 0.83%
- YTD
- 1.68%
- 6M
- 1.78%
- 1Y
- 2.80%
- 3Y*
- 3.51%
- 5Y*
- 1.01%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FLIA Monthly Returns History
Based on dividend-adjusted daily data since Jun 1, 2018, FLIA's average daily return is +0.01%, while the average monthly return is +0.10%. At this rate, an investment would double in approximately 57.8 years.
Historically, 52% of months were positive and 48% were negative. The best month was Dec 2023 with a return of +3.5%, while the worst month was Dec 2022 at -2.8%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 7 months.
On a daily basis, FLIA closed higher 47% of trading days. The best single day was Mar 26, 2020 with a return of +2.3%, while the worst single day was Mar 10, 2020 at -3.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.64% | 1.18% | -1.41% | 0.13% | 0.76% | 0.38% | 1.68% | ||||||
| 2025 | 0.10% | 0.25% | -0.64% | 1.19% | -0.05% | 0.53% | -0.11% | -0.11% | 0.33% | 1.02% | 0.00% | -0.40% | 2.12% |
| 2024 | -0.88% | -0.49% | 0.60% | -1.17% | 0.19% | 0.65% | 1.84% | 0.12% | 1.17% | -0.65% | 1.33% | -0.25% | 2.42% |
| 2023 | 1.54% | -0.79% | 1.73% | 0.36% | -0.29% | -0.02% | 0.00% | 0.20% | -1.57% | 0.15% | 2.24% | 3.50% | 7.17% |
| 2022 | -1.02% | -0.70% | -1.43% | -1.03% | -0.45% | -1.01% | 2.15% | -2.10% | -1.55% | 0.33% | 1.73% | -2.77% | -7.68% |
| 2021 | -0.57% | -1.42% | 0.21% | -0.16% | -0.10% | 0.30% | 0.96% | -0.22% | -0.53% | -0.56% | 0.48% | -0.36% | -1.98% |
Benchmark Metrics
Franklin Liberty International Aggregate Bond ETF has an annualized alpha of 1.06%, beta of 0.02, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since June 01, 2018.
- This ETF participated in 9.07% of S&P 500 Index downside but only 6.47% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.02 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.
- Alpha
- 1.06%
- Beta
- 0.02
- R²
- 0.00
- Upside Capture
- 6.47%
- Downside Capture
- 9.07%
Expense Ratio
FLIA has an expense ratio of 0.25%, which is considered low.
Return for Risk
Risk / Return Rank
FLIA ranks 25 for risk / return — below 25% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Franklin Liberty International Aggregate Bond ETF (FLIA) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLIA | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.37 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | 2.78 | -1.41 |
| Martin ratioReturn relative to average drawdown | 3.62 | 12.44 | -8.82 |
Dividends
Dividend History
Franklin Liberty International Aggregate Bond ETF provided a 2.68% dividend yield over the last twelve months, with an annual payout of $0.55 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.55 | $0.53 | $0.60 | $0.19 | $3.48 | $0.55 | $0.11 | $0.74 | $0.30 |
Dividend yield | 2.68% | 2.62% | 2.97% | 0.93% | 18.12% | 2.26% | 0.43% | 2.93% | 1.23% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin Liberty International Aggregate Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.42 | $0.53 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $0.60 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.13 | $0.13 | $0.13 | $0.13 | $2.82 | $3.48 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.55 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin Liberty International Aggregate Bond 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 International Aggregate Bond ETF was 11.24%, occurring on Oct 12, 2022. Recovery took 753 trading sessions.
The current Franklin Liberty International Aggregate Bond ETF drawdown is 0.15%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -11.24%Oct 2022 | 2y 7mo | 3y 3d | 5y 7moMar 2020 - Oct 2025 |
Rate-hike selloffLate 2018 | -4.51%Dec 2018 | 6mo 7d | 3mo 9d | 9mo 16dJun 2018 - Mar 2019 |
COVID crash2020 | -2.80%Feb 2020 | 5mo 25d | 12d | 6mo 7dAug 2019 - Mar 2020 |
2026 pullback2026 | -2.04%Mar 2026 | 18d | — | 3mo 23dMar 2026 - now |
2019 pullback2019 | -1.24%Jul 2019 | 26d | 5d | 1mo 1dJul 2019 - Aug 2019 |
Drawdown Indicators
| FLIA | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.24% | -56.78% | +45.54% |
Max Drawdown (1Y)Largest decline over 1 year | -2.04% | -9.10% | +7.06% |
Max Drawdown (3Y)Largest decline over 3 years | -2.77% | -18.90% | +16.13% |
Max Drawdown (5Y)Largest decline over 5 years | -9.42% | -25.43% | +16.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.15% | -1.80% | +1.65% |
Average DrawdownAverage peak-to-trough decline | -3.78% | -10.71% | +6.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.78% | 2.03% | -1.25% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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