Franklin U.S. Treasury Bond ETF
$19.48+0.04 (+0.18%)
- 0.09%
- $1.2B
- −2.3%
- 4.31%
- 0.2M sh
- $19.45
- low $19.33high $20.89
The ETF.net FLGV Grade
B
Score 67 out of 100
- 4 of 16
Score 67 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.A70 out of 100Rank 5 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.A94 out of 100Rank 5 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C43 out of 100Rank 8 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B55 out of 100Rank 7 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C52 out of 100Rank 9 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B59 out of 100Rank 6 of 16
Our read on FLGV
BTreasuries only, anywhere from 1 to 30 years, in one ticker. Franklin charges 0.09%, under the typical fee in its Treasury peer group, and the income lands monthly.
The Fund seeks income and normally invests at least 80% of net assets in direct U.S. Treasury obligations and related Treasury exposures. It may hold Treasury securities of any maturity, with primary emphasis on remaining maturities from 1 to 30 years.
Why people hold it
- One ticker for the whole Treasury curve: at least 80% of net assets in direct U.S. Treasury obligations, with the emphasis on maturities running 1 to 30 years.
- 0.09% a year undercuts the 0.12% median for Treasury funds in its peer group. On government paper, where yields are what they are, the fee is the lever you control.
- Pays monthly, and it is a multi-billion-dollar fund, so the income arrives on a predictable schedule rather than in quarterly lumps.
- Since its 2020 launch it has hewed tightly to its stated Treasury mandate, one of the closer mandate matches in a crowded Treasury peer group.
Worth knowing
- Cheaper shelf-mates exist: VGIT and VTG run 0.03%, a third of this fee. You are paying a bit more for Franklin's version of the same government paper.
- Moderately traded rather than one of the tape's busiest Treasury funds, so spreads matter more on large or hurried orders.
- Holdings can stretch out to 30-year maturities, so this carries real interest-rate sensitivity, not the calm of a T-bill fund.
FLGV Holdings
- Bonds
- 66
- 45%
- Us Treasury N/ 4.375 9/29
Sectors
- Communication100.0%
Geography
- United States100.00%
FLGV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
FLGV$9,768
Returns run to the Oct 12, 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 | FLGV |
|---|---|
| Year to date | −2.3% |
| 1 month | −1.0% |
| 3 months | −2.3% |
| 1 year | −2.3% |
| 3 years | +3.4% |
| 5 years | −0.7% |
| 10 years | — |
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 | FLGV |
|---|---|---|
| 2026 YTD | −2.3% | |
| 2025 | +6.2% | |
| 2024 | +0.6% | |
| 2023 | +4.2% | |
| 2022 | −11.5% | |
| 2021 | −2.4% | |
| 2020 | −0.2% |
FLGV in the news
FLGV Dividends
- 4.31%
- $0.84
- $0.06 per share
- Monthly
Distribution history
FLGV Risk
- 5.0%
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.
- −0.26
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.
- −14.8%
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.
- 0.88
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLGV Cost
0.09%
FLGV0.09%
- The middle half of US Treasury & Government funds
- Median 0.15%
4 of the 16 US Treasury & Government funds charge less.
Other funds in US Treasury & Government
- ASPTBState Street SPDR Portfolio Treasury ETFExpense ratio 0.03%1 year return −2.2%
- AVTGVanguard Total Treasury ETFExpense ratio 0.03%1 year return −2.1%
- BSGVTSchwab Government Money Market ETFExpense ratio 0.28%1 year return +3.5%
- BVGVTVanguard Government Securities Active ETFExpense ratio 0.10%1 year return −1.7%
- BLDRTiShares iBonds 1-5 Year Treasury Ladder ETFExpense ratio 0.07%1 year return +0.8%