FLGV vs. SGOV
Compare and contrast key facts about Franklin Liberty U.S. Treasury Bond ETF (FLGV) and iShares 0-3 Month Treasury Bond ETF (SGOV).
FLGV and SGOV 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. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLGV or SGOV.
Key characteristics
| FLGV | SGOV | |
|---|---|---|
| YTD Return | -2.73% | 1.84% |
| 1Y Return | -2.64% | 5.48% |
| 3Y Return (Ann) | -3.26% | 2.84% |
| Sharpe Ratio | -0.37 | 22.19 |
| Daily Std Dev | 5.97% | 0.25% |
| Max Drawdown | -17.63% | -0.03% |
| Current Drawdown | -14.09% | 0.00% |
Correlation
The correlation between FLGV and SGOV is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FLGV vs. SGOV - Performance Comparison
In the year-to-date period, FLGV achieves a -2.73% return, which is significantly lower than SGOV's 1.84% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLGV vs. SGOV - Expense Ratio Comparison
FLGV has a 0.09% expense ratio, which is higher than SGOV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FLGV vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty U.S. Treasury Bond ETF (FLGV) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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. SGOV - Dividend Comparison
FLGV's dividend yield for the trailing twelve months is around 3.79%, less than SGOV's 5.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
FLGV Franklin Liberty U.S. Treasury Bond ETF | 3.79% | 3.46% | 2.21% | 1.92% | 0.97% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.18% | 4.87% | 1.45% | 0.03% | 0.05% |
Drawdowns
FLGV vs. SGOV - Drawdown Comparison
The maximum FLGV drawdown since its inception was -17.63%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for FLGV and SGOV. For additional features, visit the drawdowns tool.
Volatility
FLGV vs. SGOV - Volatility Comparison
Franklin Liberty U.S. Treasury Bond ETF (FLGV) has a higher volatility of 1.85% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.07%. This indicates that FLGV's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.