FLBL vs. TGIGX
Compare and contrast key facts about Franklin Liberty Senior Loan ETF (FLBL) and TCW Relative Value Dividend Appreciation Fund (TGIGX).
FLBL is an actively managed fund by Franklin Templeton. It was launched on May 30, 2018. TGIGX is managed by TCW. It was launched on Sep 19, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLBL or TGIGX.
Performance
FLBL vs. TGIGX - Performance Comparison
Returns By Period
In the year-to-date period, FLBL achieves a 7.50% return, which is significantly lower than TGIGX's 10.10% return.
FLBL
7.50%
0.79%
3.76%
9.73%
5.31%
N/A
TGIGX
10.10%
0.00%
-0.26%
19.16%
11.39%
8.23%
Key characteristics
| FLBL | TGIGX | |
|---|---|---|
| Sharpe Ratio | 5.29 | 2.39 |
| Sortino Ratio | 8.28 | 3.55 |
| Omega Ratio | 2.39 | 1.61 |
| Calmar Ratio | 11.52 | 3.96 |
| Martin Ratio | 70.75 | 9.54 |
| Ulcer Index | 0.14% | 2.06% |
| Daily Std Dev | 1.88% | 8.21% |
| Max Drawdown | -19.52% | -62.44% |
| Current Drawdown | 0.00% | -2.49% |
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FLBL vs. TGIGX - Expense Ratio Comparison
FLBL has a 0.45% expense ratio, which is lower than TGIGX's 0.90% expense ratio.
Correlation
The correlation between FLBL and TGIGX is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
FLBL vs. TGIGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty Senior Loan ETF (FLBL) and TCW Relative Value Dividend Appreciation Fund (TGIGX). 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.
Dividends
FLBL vs. TGIGX - Dividend Comparison
FLBL's dividend yield for the trailing twelve months is around 8.12%, more than TGIGX's 3.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLBL Franklin Liberty Senior Loan ETF | 8.12% | 8.37% | 5.53% | 3.57% | 3.22% | 3.97% | 2.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TGIGX TCW Relative Value Dividend Appreciation Fund | 3.46% | 1.42% | 1.90% | 1.55% | 2.12% | 2.08% | 2.30% | 2.27% | 1.59% | 1.46% | 1.29% | 1.07% |
Drawdowns
FLBL vs. TGIGX - Drawdown Comparison
The maximum FLBL drawdown since its inception was -19.52%, smaller than the maximum TGIGX drawdown of -62.44%. Use the drawdown chart below to compare losses from any high point for FLBL and TGIGX. For additional features, visit the drawdowns tool.
Volatility
FLBL vs. TGIGX - Volatility Comparison
Franklin Liberty Senior Loan ETF (FLBL) has a higher volatility of 0.40% compared to TCW Relative Value Dividend Appreciation Fund (TGIGX) at 0.00%. This indicates that FLBL's price experiences larger fluctuations and is considered to be riskier than TGIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.