FLGV vs. PYLD
Compare and contrast key facts about Franklin Liberty U.S. Treasury Bond ETF (FLGV) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD).
FLGV and PYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLGV is an actively managed fund by Franklin Templeton. It was launched on Jun 9, 2020. PYLD is an actively managed fund by PIMCO. It was launched on Jun 21, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLGV or PYLD.
Correlation
The correlation between FLGV and PYLD is 0.16, 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
FLGV vs. PYLD - Performance Comparison
Key characteristics
FLGV:
1.32
PYLD:
2.60
FLGV:
1.98
PYLD:
3.77
FLGV:
1.23
PYLD:
1.53
FLGV:
0.46
PYLD:
3.46
FLGV:
2.93
PYLD:
12.52
FLGV:
2.31%
PYLD:
0.77%
FLGV:
5.12%
PYLD:
3.68%
FLGV:
-17.63%
PYLD:
-4.52%
FLGV:
-8.51%
PYLD:
-0.83%
Returns By Period
In the year-to-date period, FLGV achieves a 2.94% return, which is significantly higher than PYLD's 2.16% return.
FLGV
2.94%
0.86%
1.99%
7.18%
N/A
N/A
PYLD
2.16%
-0.04%
2.91%
9.85%
N/A
N/A
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FLGV vs. PYLD - Expense Ratio Comparison
FLGV has a 0.09% expense ratio, which is lower than PYLD's 0.55% expense ratio.
Risk-Adjusted Performance
FLGV vs. PYLD — Risk-Adjusted Performance Rank
FLGV
PYLD
FLGV vs. PYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty U.S. Treasury Bond ETF (FLGV) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD). 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
FLGV vs. PYLD - Dividend Comparison
FLGV's dividend yield for the trailing twelve months is around 4.12%, less than PYLD's 5.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
FLGV Franklin Liberty U.S. Treasury Bond ETF | 4.12% | 4.13% | 3.46% | 2.21% | 1.92% | 0.97% |
PYLD PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund | 5.94% | 5.97% | 2.72% | 0.00% | 0.00% | 0.00% |
Drawdowns
FLGV vs. PYLD - Drawdown Comparison
The maximum FLGV drawdown since its inception was -17.63%, which is greater than PYLD's maximum drawdown of -4.52%. Use the drawdown chart below to compare losses from any high point for FLGV and PYLD. For additional features, visit the drawdowns tool.
Volatility
FLGV vs. PYLD - Volatility Comparison
Franklin Liberty U.S. Treasury Bond ETF (FLGV) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) have volatilities of 1.88% and 1.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.