---
ticker: "FLHY"
name: "Franklin High Yield Corporate ETF"
url: "https://etf.net/etf/FLHY"
grade: "A"
score: 71
graded_at: "2026-10-12"
category: "US High Yield"
category_rank: "18 of 85"
methodology: "https://etf.net/methodology"
---

# FLHY: Franklin High Yield Corporate ETF

Grade **A**, Score 71 of 100. Rank 18 of 85 in US High Yield.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 58 | 31 of 85 |
| Mission | 100 | 1 of 74 |
| Risk | 50 | 48 of 85 |
| Tradability | 78 | 11 of 85 |
| Holdings | 66 | 34 of 85 |
| Durability | 71 | 22 of 85 |

## Top holdings

The fund holds 292 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Net Current Assets | 1.82% |
| 2 | — | Ift - Money Market Port | 1.34% |
| 3 | — | Archrock Svc/Par 6 2/34 | 0.97% |
| 4 | DVA | Davita Inc 4.625 6/30 | 0.94% |
| 5 | — | Leeward Renewab 4.25 7/29 | 0.90% |
| 6 | THS | Treehouse Foods 7.75 2/33 | 0.88% |
| 7 | — | Kedrion Spa 6.5 9/29 | 0.82% |
| 8 | — | Froneri Lux Finc 6 8/32 | 0.82% |
| 9 | — | Beach Acquisitio 10 7/33 | 0.81% |
| 10 | — | Fortress Interme 7.5 6/31 | 0.80% |
| 11 | — | Mohegan / Ms 8.25 4/30 | 0.80% |
| 12 | — | Dexko Global Inc 7.5 4/32 | 0.79% |
| 13 | — | Efesto Bidco 7.5 2/32 | 0.78% |
| 14 | — | Opal Bidco 6.5 3/32 | 0.78% |
| 15 | — | Clydesdale Acqu 6.75 4/32 | 0.77% |
| 16 | — | Calumet Special 9.75 2/31 | 0.76% |
| 17 | — | A&K Travel Group 7.5 5/33 | 0.76% |
| 18 | — | Banijay Entert 8.125 5/29 | 0.75% |
| 19 | — | Rr Donnelley 9.5 8/29 | 0.74% |
| 20 | — | Concentra Heal 6.875 7/32 | 0.72% |
| 21 | — | Encore Capital 6.625 6/32 | 0.70% |
| 22 | — | Connect Finco 9 9/29 | 0.69% |
| 23 | — | Ca Buyer/Atlan 6.375 2/32 | 0.69% |
| 24 | — | Rivers Ent Bor 6.25 10/30 | 0.69% |
| 25 | — | Flutter Treasu 5.875 6/31 | 0.69% |
| 26 | CWEN | Clearway Energy 5.75 1/34 | 0.69% |
| 27 | — | Waste Pro Usa In 7 2/33 | 0.68% |
| 28 | — | Osaic Holdings 8 8/33 | 0.67% |
| 29 | — | Hilton Domestic 5.75 9/33 | 0.67% |
| 30 | GEN | Gen Digital Inc 6.25 4/33 | 0.66% |

Source: etf.net, https://etf.net/etf/FLHY. Please cite the page URL.