FLCB vs. CLOI
Compare and contrast key facts about Franklin Liberty U.S. Core Bond ETF (FLCB) and VanEck CLO ETF (CLOI).
FLCB and CLOI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLCB is an actively managed fund by Franklin Templeton. It was launched on Sep 17, 2019. CLOI is an actively managed fund by VanEck. It was launched on Jun 21, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLCB or CLOI.
Correlation
The correlation between FLCB and CLOI is 0.06, 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.
Performance
FLCB vs. CLOI - Performance Comparison
Key characteristics
FLCB:
1.29
CLOI:
1.50
FLCB:
1.93
CLOI:
1.87
FLCB:
1.23
CLOI:
1.65
FLCB:
0.52
CLOI:
1.89
FLCB:
3.46
CLOI:
15.33
FLCB:
2.05%
CLOI:
0.40%
FLCB:
5.50%
CLOI:
4.10%
FLCB:
-19.06%
CLOI:
-3.25%
FLCB:
-6.92%
CLOI:
-0.72%
Returns By Period
In the year-to-date period, FLCB achieves a 2.53% return, which is significantly higher than CLOI's 0.89% return.
FLCB
2.53%
0.67%
1.88%
7.51%
-0.66%
N/A
CLOI
0.89%
-0.11%
2.16%
6.00%
N/A
N/A
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FLCB vs. CLOI - Expense Ratio Comparison
FLCB has a 0.15% expense ratio, which is lower than CLOI's 0.40% expense ratio.
Risk-Adjusted Performance
FLCB vs. CLOI — Risk-Adjusted Performance Rank
FLCB
CLOI
FLCB vs. CLOI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty U.S. Core Bond ETF (FLCB) and VanEck CLO ETF (CLOI). 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
FLCB vs. CLOI - Dividend Comparison
FLCB's dividend yield for the trailing twelve months is around 4.19%, less than CLOI's 6.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
FLCB Franklin Liberty U.S. Core Bond ETF | 4.19% | 4.10% | 3.40% | 2.73% | 2.28% | 2.94% | 0.72% |
CLOI VanEck CLO ETF | 6.45% | 6.71% | 5.62% | 2.23% | 0.00% | 0.00% | 0.00% |
Drawdowns
FLCB vs. CLOI - Drawdown Comparison
The maximum FLCB drawdown since its inception was -19.06%, which is greater than CLOI's maximum drawdown of -3.25%. Use the drawdown chart below to compare losses from any high point for FLCB and CLOI. For additional features, visit the drawdowns tool.
Volatility
FLCB vs. CLOI - Volatility Comparison
The current volatility for Franklin Liberty U.S. Core Bond ETF (FLCB) is 2.13%, while VanEck CLO ETF (CLOI) has a volatility of 4.05%. This indicates that FLCB experiences smaller price fluctuations and is considered to be less risky than CLOI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.