Franklin Liberty Investment Grade Corporate ETF (FLCO)
Description
The FLCO ETF contains 149 constituents. It is focused on holdings in the region.
Price $19.84 as of 2022-10-21Cost/Risk/Yield
| Dividend yield | 4.16% |
| Expense ratio | 0.35% |
| Average spread | 0.05% |
| 1Y roundtrip cost | 0.4% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -3.1% | -2.0% | -2.5% | -6.0% | 1.1% | -3.1% | 3.7% | -3.5% | -4.9% | -2.5% | -22.8% | ||
| 2021 | -1.5% | -2.0% | -1.7% | 1.1% | 0.5% | 1.8% | 1.2% | -0.2% | -1.3% | 0.3% | -0.3% | 0.2% | -2.0% |
| 2020 | 2.4% | 1.8% | -9.2% | 6.0% | 2.0% | 2.2% | 3.4% | -1.5% | -0.6% | 0.1% | 2.7% | 0.6% | 9.9% |
| 2019 | 2.8% | -0.0% | 2.4% | 0.6% | 1.3% | 2.7% | 0.5% | 3.0% | -0.4% | 0.4% | 0.2% | 0.4% | 14.0% |
| 2018 | -0.6% | -2.2% | 0.1% | -0.7% | 0.3% | -0.2% | 1.0% | 0.6% | -0.6% | -1.7% | -0.6% | 1.5% | -3.0% |
| 2017 | 0.3% | 1.0% | -0.2% | 0.7% | 1.3% | 1.2% | 0.1% | 0.4% | 0.1% | 0.3% | 0.3% | 0.2% | 5.8% |
| 2016 | -2.8% | 0.8% | -2.0% | ||||||||||
| 0.3% | -3.5% | -11.1% | 1.7% | 6.7% | 4.6% | 10.0% | -1.3% | -7.7% | -3.1% | -0.5% | 3.7% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.11 | 0.06 | 0.07 | 0.06 | 0.06 | 0.07 | 0.08 | 0.07 | 0.06 | 0.64 | |||
| 2021 | 0.06 | 0.06 | 0.07 | 0.06 | 0.06 | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.68 | |
| 2020 | 0.07 | 0.07 | 0.08 | 0.07 | 0.05 | 0.07 | 0.06 | 0.07 | 0.07 | 0.06 | 0.30 | 0.95 | |
| 2019 | 0.08 | 0.07 | 0.07 | 0.05 | 0.09 | 0.07 | 0.06 | 0.07 | 0.07 | 0.06 | 0.05 | 0.14 | 0.87 |
| 2018 | 0.06 | 0.06 | 0.08 | 0.06 | 0.09 | 0.07 | 0.07 | 0.09 | 0.07 | 0.09 | 0.08 | 0.07 | 0.89 |
| 2017 | 0.07 | 0.06 | 0.08 | 0.06 | 0.07 | 0.07 | 0.07 | 0.08 | 0.06 | 0.07 | 0.07 | 0.07 | 0.83 |
| 2016 | 0.04 | 0.04 | |||||||||||
| 0.35 | 0.42 | 0.43 | 0.30 | 0.43 | 0.39 | 0.40 | 0.44 | 0.40 | 0.40 | 0.26 | 0.69 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| CORPORATE BOND | 2.19% |
| Verizon Communications Inc. 3.4% 22-MAR-2041 | 1.64% |
| HSBC Holdings Plc 1.645% 18-APR-2026 | 1.61% |
| ENEL Finance International NV 3.625% 25-MAY-2027 | 1.46% |
| Delta Airlines, Inc. Retirement Plan 4.5% 20-OCT-2025 | 1.38% |
| Bank of America Corporation 4.183% 25-NOV-2027 | 1.34% |
| Credit Agricole 4.375% 17-MAR-2025 | 1.29% |
| Vistra Operations Co. LLC 3.55% 15-JUL-2024 | 1.28% |
| Tencent Holdings Ltd. 3.595% 19-JAN-2028 | 1.27% |
| BPCE SA 5.7% 22-OCT-2023 | 1.26% |
| Imperial Brands Finance Plc 4.25% 21-JUL-2025 | 1.26% |
| BNP Paribas S.A. 4.705% 10-JAN-2025 | 1.25% |
| Las Vegas Sands Corp. 3.2% 08-AUG-2024 | 1.22% |
| AT&T Inc. 3.5% 01-JUN-2041 | 1.22% |
| CVS Health Corporation 5.3% 05-DEC-2043 | 1.18% |
| Top 15 Weights | 20.85% |
Compare with similar ETFs
| FLCO | IGEB | IIGV | JHCB | USIG | VTC | |
|---|---|---|---|---|---|---|
| Product name | Franklin Liberty Investment Grade Corporate ETF | iShares Edge Investment Grade Enhanced Bond ETF | Invesco Investment Grade Value ETF | John Hancock Corporate Bond ETF | iShares Broad USD Investment Grade Corporate Bond ETF | Vanguard Total Corporate Bond ETF |
| Issuer | Franklin | iShares | Invesco | John Hancock | iShares | Vanguard |
| Price | $19.835 | $41.2636 | $21.5328 | $19.604 | $46.74 | $70.45 |
| Expense Ratio | 0.35% |  0.18% | 0.13% | 0.29% | 0.04% | 0.05% |
| Average Spread | 0.050% | 0.048% | 0.093% | 0.357% | 0.021% | 0.071% |
| AUM | $773,107,000 | $123,430,000 | $45,166,000 | $15,652,500 | $5,220,030,000 | $547,524,000 |
| Shares | 38,976,923 | 2,991,246 | 2,097,543 | 798,434 | 111,682,212 | 7,771,805 |
| Average Daily Volume | 16,960 | 11,442 | 7,817 | 260 | 1,150,840 | 52,010 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2016-10-03 | 2017-07-11 | 2018-07-25 | 2021-03-30 | 2007-01-05 | 2017-11-07 |
| Index Tracked | No Underlying Index | BlackRock Investment Grade Enhanced Bond Index | Invesco Investment Grade Value Index | No Underlying Index | ICE BofAML US Corporate Index | Bloomberg U.S. Corporate Bond Index |
| Category | Corporate Bonds | Corporate Bonds | Corporate Bonds | n/a | Corporate Bonds | Corporate Bonds |
| Asset Class | Bond | Bond | Bond | Bond | Bond | Bond |
| Asset Class Size | ||||||
| Value or Growth | ||||||
| Region | ||||||
| Countries | Broad | U.S. | U.S. | U.S. | Broad | U.S. |
| Annual Dividend Rate | $0.826 | $2.061 | $0.684 | $0.727 | $1.459 | $2.21 |
| Annual Dividend Yield | 0.042% | 0.050% | 0.032% | 0.037% | 0.031% | 0.031% |
| Number of Holdings | 149 | 423 | 167 | 73 | 8428 | 0 |
| YTD Return | -20.87% | -19.73% | -18.77% | -21.06% | -20.08% | -20.66% |
| Beta | 0.07 | 0.08 | 0.03 | 0.31 | 0.24 | 0.14 |
| Upside Beta | 0.04 | 0.04 | -0.10 | -0.28 | 0.07 | 0.07 |
| Downside Beta | -0.01 | 0.01 | -0.16 | -0.46 | 0.04 | 0.05 |
| Volatility 1Y | 9.32% | 8.64% | 8.33% | 8.63% | 8.84% | 9.10% |
| Sharpe Ratio 3Y | -1.17 | -1.03 | -1.01 | 0.00 | -1.02 | -0.99 |
| Treynor Ratio 3Y | -0.09 | -0.06 | -0.18 | 0.00 | -0.03 | -0.05 |