YCLO vs. FLKR

Last updated Jul 1, 2026

YCLO (Franklin BSP CLO ETF) and FLKR (Franklin FTSE South Korea ETF) are both exchange-traded funds - YCLO is a CLO fund actively managed by Franklin Templeton, while FLKR is a South Korea Equities fund tracking the FTSE South Korea RIC Capped Index. YCLO is actively managed, while FLKR is passively managed. At a correlation of -0.36, they often move in opposite directions.

Performance

YCLO vs. FLKR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin BSP CLO ETF (YCLO) and Franklin FTSE South Korea ETF (FLKR). 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*: —

FLKR

• 1D: 2.70%
• 1M: 0.16%
• YTD: 107.10%
• 6M: 105.11%
• 1Y: 182.32%
• 3Y*: 50.84%
• 5Y*: 18.86%
• 10Y*: —

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

YCLO vs. FLKR - Yearly Performance Comparison

	2026 (YTD)
YCLO Franklin BSP CLO ETF	0.48%
FLKR Franklin FTSE South Korea ETF	-3.41%

Correlation

The correlation between YCLO and FLKR is -0.36, 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	-0.36

Return for Risk

YCLO vs. FLKR — 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.

FLKR

FLKR Risk / Return Rank: 94
FLKR Sharpe Ratio Rank: 97
FLKR Sortino Ratio Rank: 91
FLKR Omega Ratio Rank: 93
FLKR Calmar Ratio Rank: 96
FLKR Martin Ratio Rank: 96

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. FLKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin BSP CLO ETF (YCLO) and Franklin FTSE South Korea ETF (FLKR). 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	FLKR	Difference
Sharpe ratio: Return per unit of total volatility	—	3.78	—
Sortino ratio: Return per unit of downside risk	—	3.62	—
Omega ratio: Gain probability vs. loss probability	—	1.55	—
Calmar ratio: Return relative to maximum drawdown	—	7.97	—
Martin ratio: Return relative to average drawdown	—	26.92	—

Drawdowns

YCLO vs. FLKR - Drawdown Comparison

The maximum YCLO drawdown since its inception was -0.04%, smaller than the maximum FLKR drawdown of -50.06%. Use the drawdown chart below to compare losses from any high point for YCLO and FLKR.

Drawdown Indicators

	YCLO	FLKR	Difference
Max Drawdown Largest peak-to-trough decline	-0.04%	-50.06%	+50.02%
Max Drawdown (1Y) Largest decline over 1 year	—	-23.03%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-49.13%	—
Current Drawdown Current decline from peak	0.00%	-8.13%	+8.13%
Average Drawdown Average peak-to-trough decline	-0.00%	-21.95%	+21.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.80%	—

Volatility

Volatility by Period

	YCLO	FLKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	28.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	45.52%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.42%	48.56%	-48.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.42%	30.62%	-30.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.42%	28.92%	-28.50%

Dividends

YCLO vs. FLKR - Dividend Comparison

YCLO has not paid dividends to shareholders, while FLKR's dividend yield for the trailing twelve months is around 2.23%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLKR Franklin FTSE South Korea ETF	2.23%	3.87%	7.08%	2.28%	3.13%	2.12%	0.99%	2.09%	1.86%	1.02%
YCLO Franklin BSP CLO ETF	0.00%	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 FLKR in my portfolio?

YCLO and FLKR have a correlation of -0.36, 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 FLKR?

FLKR has the higher dividend yield at 2.23%, compared with 0.00% for YCLO.

What is the main difference between YCLO and FLKR?

YCLO is categorized as CLO, while FLKR is South Korea Equities.