Franklin Investment Grade Corporate ETF
$20.570.00 (−0.02%)
- 0.35%
- $541M
- −0.8%
- 4.93%
- 89.3K sh
- low $20.13high $21.93
The ETF.net FLCO Grade
B
Score 59 out of 100
- 23 of 49
Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D29 out of 100Rank 33 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C54 out of 100Rank 17 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B64 out of 100Rank 14 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C45 out of 100Rank 35 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 14 of 49
Our read on FLCO
In short
BMost investment-grade corporate ETFs hand you the index and get out of the way. FLCO is the active take: Franklin's bond team picks roughly 220 corporates against the Bloomberg investment-grade benchmark, and pays income monthly.
Stated mandate
The Fund seeks a high level of current income consistent with prudent investing while also seeking preservation of capital.
Why people hold it
Worth knowing
FLCO Holdings
- Bonds
- 233
- 13%
- Ift - Money Market Port
Geography
- United States86.93%
- United Kingdom2.31%
- Netherlands2.03%
- Japan1.88%
- Canada1.33%
- Ireland1.20%
- Australia0.80%
- Switzerland0.68%
- 2.84%
FLCO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FLCO$9,922
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FLCO |
|---|---|
| Year to date | −1.1% |
| 1 month | +2.2% |
| 3 months | −0.3% |
| 1 year | −0.8% |
| 3 years | +6.1% |
| 5 years | −0.4% |
| 10 years | +2.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FLCO |
|---|---|---|
| 2026 YTD | −1.1% | |
| 2025 | +7.5% | |
| 2024 | +1.9% | |
| 2023 | +8.0% | |
| 2022 | −16.1% | |
| 2021 | −2.1% | |
| 2020 | +10.0% |
FLCO in the news
FLCO Dividends
- 4.93%
- $1.02
- $0.09 per share
- Monthly
FLCO Risk
- 6.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.27
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.09
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
FLCO Cost
Overpaying vs SPBO, tied cheapest in Investment Grade Corporate
$6,488
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FLCO 0.35%
$7,126
SPBO 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | FLCO | SPBO | Overpaying |
|---|---|---|---|
| 10 | $634 | $55 | $579 |
| 20 | $2,454 | $216 | $2,238 |
| 30 | $7,126 | $638 | $6,488 |
Other funds in Investment Grade Corporate
- BIGPrincipal Investment Grade Corporate Active ETFExpense ratio 0.19%1 year return −1.1%
- BCORPPIMCO Investment Grade Corporate Bond Index Exchange-Traded FundExpense ratio 0.38%1 year return −0.4%
- BGXIGGlobal X Investment Grade Corporate Bond ETFExpense ratio 0.15%1 year return −0.9%
- BLQDIiShares Inflation Hedged Corporate Bond ETFExpense ratio 0.18%1 year return −1.2%
- BGIGLGoldman Sachs Corporate Bond ETFExpense ratio 0.29%1 year return −0.6%
