FLUD vs. DUSB

Last updated Jun 4, 2026

FLUD (Franklin Ultra Short Bond ETF) and DUSB (Dimensional Ultrashort Fixed Income ETF) are both Ultrashort Bond funds. Both are actively managed. Over the past year, FLUD returned 4.60% vs 4.31% for DUSB. At a 0.02 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.

Performance

FLUD vs. DUSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Ultra Short Bond ETF (FLUD) and Dimensional Ultrashort Fixed Income ETF (DUSB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLUD achieves a 1.53% return, which is significantly lower than DUSB's 1.68% return.

FLUD

• 1D: 0.09%
• 1M: 0.41%
• YTD: 1.53%
• 6M: 1.88%
• 1Y: 4.60%
• 3Y*: 5.33%
• 5Y*: 3.63%
• 10Y*: —

DUSB

• 1D: 0.02%
• 1M: 0.34%
• YTD: 1.68%
• 6M: 1.97%
• 1Y: 4.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLUD vs. DUSB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FLUD Franklin Ultra Short Bond ETF	1.53%	5.36%	5.44%	1.78%
DUSB Dimensional Ultrashort Fixed Income ETF	1.68%	4.53%	5.60%	1.79%

Correlation

The correlation between FLUD and DUSB is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (All Time) Calculated using the full available price history since Sep 28, 2023	0.02

Return for Risk

FLUD vs. DUSB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLUD

FLUD Risk / Return Rank: 92
FLUD Sharpe Ratio Rank: 83
FLUD Sortino Ratio Rank: 91
FLUD Omega Ratio Rank: 91
FLUD Calmar Ratio Rank: 97
FLUD Martin Ratio Rank: 97

DUSB

DUSB Risk / Return Rank: 99
DUSB Sharpe Ratio Rank: 99
DUSB Sortino Ratio Rank: 100
DUSB Omega Ratio Rank: 99
DUSB Calmar Ratio Rank: 99
DUSB Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLUD vs. DUSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Ultra Short Bond ETF (FLUD) and Dimensional Ultrashort Fixed Income ETF (DUSB). 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.

	FLUD	DUSB	Difference
Sharpe ratio: Return per unit of total volatility	2.76	10.10	-7.34
Sortino ratio: Return per unit of downside risk	4.42	24.10	-19.68
Omega ratio: Gain probability vs. loss probability	1.60	4.87	-3.27
Calmar ratio: Return relative to maximum drawdown	10.55	55.00	-44.44
Martin ratio: Return relative to average drawdown	41.82	332.80	-290.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLUD vs. DUSB - Sharpe Ratio Comparison

The current FLUD Sharpe Ratio is 2.76, which is lower than the DUSB Sharpe Ratio of 10.10. The chart below compares the historical Sharpe Ratios of FLUD and DUSB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLUD	DUSB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.76	10.10	-7.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	2.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.59	9.88	-7.29

Drawdowns

FLUD vs. DUSB - Drawdown Comparison

The maximum FLUD drawdown since its inception was -1.66%, which is greater than DUSB's maximum drawdown of -0.29%. Use the drawdown chart below to compare losses from any high point for FLUD and DUSB.

Drawdown Indicators

	FLUD	DUSB	Difference
Max Drawdown Largest peak-to-trough decline	-1.66%	-0.29%	-1.37%
Max Drawdown (1Y) Largest decline over 1 year	-0.44%	-0.08%	-0.36%
Max Drawdown (3Y) Largest decline over 3 years	-0.59%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-1.66%	—	—
Current Drawdown Current decline from peak	0.00%	-0.02%	+0.02%
Average Drawdown Average peak-to-trough decline	-0.24%	-0.01%	-0.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.11%	0.01%	+0.10%

Volatility

FLUD vs. DUSB - Volatility Comparison

Franklin Ultra Short Bond ETF (FLUD) has a higher volatility of 0.33% compared to Dimensional Ultrashort Fixed Income ETF (DUSB) at 0.13%. This indicates that FLUD's price experiences larger fluctuations and is considered to be riskier than DUSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLUD	DUSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.33%	0.13%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	0.74%	0.30%	+0.44%
Volatility (1Y) Calculated over the trailing 1-year period	1.68%	0.43%	+1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.34%	0.52%	+0.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.26%	0.52%	+0.74%

FLUD vs. DUSB - Expense Ratio Comparison

Both FLUD and DUSB have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

FLUD vs. DUSB - Dividend Comparison

FLUD's dividend yield for the trailing twelve months is around 4.27%, more than DUSB's 4.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DUSB Dimensional Ultrashort Fixed Income ETF	4.06%	4.32%	4.92%	1.23%	0.00%	0.00%	0.00%
FLUD Franklin Ultra Short Bond ETF	4.27%	4.51%	4.97%	4.72%	1.39%	0.92%	0.93%

Frequently Asked Questions

Can I hold both FLUD and DUSB in my portfolio?

FLUD and DUSB have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLUD or DUSB?

FLUD has higher volatility (0.33%) compared to DUSB (0.13%). In terms of maximum drawdown, FLUD dropped -1.66% vs DUSB's -0.29%.

Which ETF is better, FLUD or DUSB?

On 1-year performance, FLUD leads with 4.60% vs 4.31% for DUSB. Both ETFs have the same 0.15% expense ratio. On volatility, DUSB has been the lower-risk option at 0.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLUD or DUSB?

Over the 1-year period, FLUD has performed better with a 4.60% return vs 4.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLUD or DUSB?

FLUD and DUSB have the same expense ratio: 0.15% per year.

Which ETF pays a higher dividend yield, FLUD or DUSB?

FLUD has the higher dividend yield at 4.27%, compared with 4.06% for DUSB.

What is the main difference between FLUD and DUSB?

They also come from different issuers: Franklin Templeton and Dimensional.

Which has better risk-adjusted returns?

DUSB currently has the higher Sharpe Ratio (10.10 vs 2.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.