FLBL vs. LDRH
FLBL (Franklin Liberty Senior Loan ETF) and LDRH (iShares iBonds 1-5 Year High Yield and Income Ladder ETF) are both High Yield Bonds funds. FLBL is actively managed, while LDRH is passively managed. Over the past year, FLBL returned 2.04% vs 5.77% for LDRH. At a 0.34 correlation, their price movements are largely independent. FLBL charges 0.45%/yr vs 0.35%/yr for LDRH.
Performance
FLBL vs. LDRH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLBL achieves a 0.64% return, which is significantly lower than LDRH's 1.96% return.
FLBL
- 1D
- -0.04%
- 1M
- -0.20%
- YTD
- 0.64%
- 6M
- 0.26%
- 1Y
- 2.04%
- 3Y*
- 6.56%
- 5Y*
- 5.12%
- 10Y*
- —
LDRH
- 1D
- -0.02%
- 1M
- 0.31%
- YTD
- 1.96%
- 6M
- 1.88%
- 1Y
- 5.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FLBL vs. LDRH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FLBL Franklin Liberty Senior Loan ETF | 0.64% | 3.59% | 1.09% |
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF | 1.96% | 7.18% | 0.21% |
Correlation
The correlation between FLBL and LDRH is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Nov 8, 2024 | 0.34 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FLBL vs. LDRH — Risk / Return Rank
FLBL
LDRH
FLBL vs. LDRH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty Senior Loan ETF (FLBL) and iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| FLBL | LDRH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.43 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 4.70 | -4.06 |
| Martin ratioReturn relative to average drawdown | 2.16 | 19.42 | -17.26 |
Loading charts...
Drawdowns
FLBL vs. LDRH - Drawdown Comparison
The maximum FLBL drawdown since its inception was -19.52%, which is greater than LDRH's maximum drawdown of -3.17%. Use the drawdown chart below to compare losses from any high point for FLBL and LDRH.
Loading charts...
Drawdown Indicators
| FLBL | LDRH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.52% | -3.17% | -16.35% |
Max Drawdown (1Y)Largest decline over 1 year | -3.18% | -1.23% | -1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -3.91% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -6.80% | — | — |
Current DrawdownCurrent decline from peak | -0.35% | -0.28% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -0.99% | -0.24% | -0.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 0.30% | +0.64% |
Volatility
FLBL vs. LDRH - Volatility Comparison
Franklin Liberty Senior Loan ETF (FLBL) has a higher volatility of 0.74% compared to iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) at 0.61%. This indicates that FLBL's price experiences larger fluctuations and is considered to be riskier than LDRH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLBL | LDRH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.74% | 0.61% | +0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 2.27% | 1.97% | +0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.63% | 2.60% | +0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.85% | 3.47% | +0.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.70% | 3.47% | +2.23% |
FLBL vs. LDRH - Expense Ratio Comparison
FLBL has a 0.45% expense ratio, which is higher than LDRH's 0.35% expense ratio.
Dividends
FLBL vs. LDRH - Dividend Comparison
FLBL's dividend yield for the trailing twelve months is around 7.60%, more than LDRH's 6.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FLBL Franklin Liberty Senior Loan ETF | 7.60% | 7.24% | 8.05% | 8.37% | 5.53% | 3.57% | 3.22% | 3.97% | 2.21% |
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF | 6.99% | 6.41% | 1.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FLBL and LDRH have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLBL has higher volatility (0.74%) compared to LDRH (0.61%). In terms of maximum drawdown, FLBL dropped -19.52% vs LDRH's -3.17%.
On 1-year performance, LDRH leads with 5.77% vs 2.04% for FLBL. On fees, LDRH is cheaper at 0.35% per year. On volatility, LDRH has been the lower-risk option at 0.61%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, LDRH has performed better with a 5.77% return vs 2.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LDRH is cheaper with a 0.35% expense ratio, compared with 0.45% for FLBL.
FLBL has the higher dividend yield at 7.60%, compared with 6.99% for LDRH.
They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.45% for FLBL and 0.35% for LDRH.
LDRH currently has the higher Sharpe Ratio (2.23 vs 0.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FLBL and LDRH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer