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FTSD vs. ASEC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FTSD vs. ASEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Short Duration U.S. Government ETF (FTSD) and American Century Securitized Credit ETF (ASEC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


FTSD

1D
0.01%
1M
0.19%
6M
1.11%
YTD
1.10%
1Y
4.10%
3Y*
4.93%
5Y*
2.57%
10Y*
2.07%

ASEC

1D
-0.04%
1M
0.09%
6M
YTD
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

FTSD vs. ASEC - Yearly Performance Comparison


Correlation

The correlation between FTSD and ASEC is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (All Time)
Calculated using the full available price history since May 28, 2026

0.20

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Return for Risk

FTSD vs. ASEC — Risk / Return Rank

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

FTSD
FTSD Risk / Return Rank: 9696
Overall Rank
FTSD Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
FTSD Sortino Ratio Rank: 9696
Sortino Ratio Rank
FTSD Omega Ratio Rank: 9696
Omega Ratio Rank
FTSD Calmar Ratio Rank: 9797
Calmar Ratio Rank
FTSD Martin Ratio Rank: 9797
Martin Ratio Rank

ASEC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

FTSD vs. ASEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Short Duration U.S. Government ETF (FTSD) and American Century Securitized Credit ETF (ASEC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FTSDASECDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.63

Calmar ratioReturn relative to maximum drawdown

9.13

Martin ratioReturn relative to average drawdown

35.16

FTSD vs. ASEC - Sharpe Ratio Comparison


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Drawdowns

FTSD vs. ASEC - Drawdown Comparison

The maximum FTSD drawdown since its inception was -5.32%, which is greater than ASEC's maximum drawdown of -0.46%. Use the drawdown chart below to compare losses from any high point for FTSD and ASEC.


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Drawdown Indicators


FTSDASECDifference

Max Drawdown

Largest peak-to-trough decline

-5.32%

-0.46%

-4.86%

Max Drawdown (1Y)

Largest decline over 1 year

-0.45%

Max Drawdown (3Y)

Largest decline over 3 years

-0.93%

Max Drawdown (5Y)

Largest decline over 5 years

-4.96%

Max Drawdown (10Y)

Largest decline over 10 years

-5.32%

Current Drawdown

Current decline from peak

-0.12%

-0.19%

+0.07%

Average Drawdown

Average peak-to-trough decline

-0.60%

-0.19%

-0.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.12%

Volatility

FTSD vs. ASEC - Volatility Comparison


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Volatility by Period


FTSDASECDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.50%

Volatility (6M)

Calculated over the trailing 6-month period

1.09%

Volatility (1Y)

Calculated over the trailing 1-year period

1.36%

1.44%

-0.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.87%

1.44%

+0.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.76%

1.44%

+0.32%

FTSD vs. ASEC - Expense Ratio Comparison

FTSD has a 0.25% expense ratio, which is lower than ASEC's 0.29% expense ratio.


Dividends

FTSD vs. ASEC - Dividend Comparison

FTSD's dividend yield for the trailing twelve months is around 4.48%, more than ASEC's 0.46% yield.


PositionTTM20252024202320222021202020192018201720162015
ASEC
American Century Securitized Credit ETF
0.46%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FTSD
Franklin Short Duration U.S. Government ETF
4.48%4.67%4.75%4.14%1.73%1.01%1.54%2.90%2.63%2.24%1.92%1.52%

Frequently Asked Questions


FTSD and ASEC have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, FTSD is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

FTSD is cheaper with a 0.25% expense ratio, compared with 0.29% for ASEC.

FTSD has the higher dividend yield at 4.48%, compared with 0.46% for ASEC.

They also come from different issuers: Franklin Templeton and American Century. Their fees differ too: 0.25% for FTSD and 0.29% for ASEC.

Portfolio Optimizer

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