FLMB vs. PYPY
Compare and contrast key facts about Franklin Liberty Federal Tax-Free Bond ETF (FLMB) and Yieldmax PYPL Option Income Strategy ETF (PYPY).
FLMB and PYPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLMB is an actively managed fund by Franklin Templeton. It was launched on Aug 31, 2017. PYPY is an actively managed fund by YieldMax. It was launched on Sep 25, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLMB or PYPY.
Correlation
The correlation between FLMB and PYPY is -1.00. 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
FLMB vs. PYPY - Performance Comparison
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Key characteristics
FLMB:
3.32%
PYPY:
22.39%
FLMB:
-0.15%
PYPY:
-0.71%
FLMB:
0.00%
PYPY:
-0.04%
Returns By Period
FLMB
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PYPY
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FLMB vs. PYPY - Expense Ratio Comparison
FLMB has a 0.30% expense ratio, which is lower than PYPY's 1.01% expense ratio.
Risk-Adjusted Performance
FLMB vs. PYPY — Risk-Adjusted Performance Rank
FLMB
PYPY
FLMB vs. PYPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty Federal Tax-Free Bond ETF (FLMB) and Yieldmax PYPL Option Income Strategy ETF (PYPY). 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.
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Dividends
FLMB vs. PYPY - Dividend Comparison
FLMB's dividend yield for the trailing twelve months is around 3.89%, less than PYPY's 59.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
FLMB Franklin Liberty Federal Tax-Free Bond ETF | 3.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PYPY Yieldmax PYPL Option Income Strategy ETF | 59.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FLMB vs. PYPY - Drawdown Comparison
The maximum FLMB drawdown since its inception was -0.15%, smaller than the maximum PYPY drawdown of -0.71%. Use the drawdown chart below to compare losses from any high point for FLMB and PYPY. For additional features, visit the drawdowns tool.
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Volatility
FLMB vs. PYPY - Volatility Comparison
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