YCLO vs. FLIN

Last updated Jul 1, 2026

YCLO (Franklin BSP CLO ETF) and FLIN (Franklin FTSE India ETF) are both exchange-traded funds - YCLO is a CLO fund actively managed by Franklin Templeton, while FLIN is a India Equities fund tracking the FTSE India RIC Capped Index. YCLO is actively managed, while FLIN is passively managed. At a correlation of -0.40, they often move in opposite directions.

Performance

YCLO vs. FLIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin BSP CLO ETF (YCLO) and Franklin FTSE India ETF (FLIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

YCLO

• 1D: 0.04%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLIN

• 1D: 0.48%
• 1M: 1.83%
• YTD: -7.83%
• 6M: -7.13%
• 1Y: -10.34%
• 3Y*: 5.81%
• 5Y*: 4.94%
• 10Y*: —

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

YCLO vs. FLIN - Yearly Performance Comparison

	2026 (YTD)
YCLO Franklin BSP CLO ETF	0.48%
FLIN Franklin FTSE India ETF	4.65%

Correlation

The correlation between YCLO and FLIN is -0.40, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026	-0.40

Return for Risk

YCLO vs. FLIN — Risk / Return Rank

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

YCLO

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

FLIN

FLIN Risk / Return Rank: 4
FLIN Sharpe Ratio Rank: 4
FLIN Sortino Ratio Rank: 4
FLIN Omega Ratio Rank: 4
FLIN Calmar Ratio Rank: 5
FLIN Martin Ratio Rank: 3

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.

YCLO vs. FLIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin BSP CLO ETF (YCLO) and Franklin FTSE India ETF (FLIN). 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.

	YCLO	FLIN	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.69	—
Sortino ratio: Return per unit of downside risk	—	-0.92	—
Omega ratio: Gain probability vs. loss probability	—	0.90	—
Calmar ratio: Return relative to maximum drawdown	—	-0.55	—
Martin ratio: Return relative to average drawdown	—	-1.26	—

Drawdowns

YCLO vs. FLIN - Drawdown Comparison

The maximum YCLO drawdown since its inception was -0.04%, smaller than the maximum FLIN drawdown of -41.90%. Use the drawdown chart below to compare losses from any high point for YCLO and FLIN.

Drawdown Indicators

	YCLO	FLIN	Difference
Max Drawdown Largest peak-to-trough decline	-0.04%	-41.90%	+41.86%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.79%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.85%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.85%	—
Current Drawdown Current decline from peak	0.00%	-15.14%	+15.14%
Average Drawdown Average peak-to-trough decline	-0.00%	-8.08%	+8.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.24%	—

Volatility

Volatility by Period

	YCLO	FLIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.42%	15.12%	-14.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.42%	15.79%	-15.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.42%	20.41%	-19.99%

Dividends

YCLO vs. FLIN - Dividend Comparison

YCLO has not paid dividends to shareholders, while FLIN's dividend yield for the trailing twelve months is around 0.43%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FLIN Franklin FTSE India ETF	0.43%	0.56%	1.58%	0.73%	0.73%	2.26%	0.68%	0.90%	0.92%
YCLO Franklin BSP CLO ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YCLO and FLIN in my portfolio?

YCLO and FLIN have a correlation of -0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, YCLO or FLIN?

FLIN has the higher dividend yield at 0.43%, compared with 0.00% for YCLO.

What is the main difference between YCLO and FLIN?

YCLO is categorized as CLO, while FLIN is India Equities.