---
ticker: "FLUD"
name: "Franklin Ultra Short Bond ETF"
url: "https://etf.net/etf/FLUD"
grade: "A"
score: 71
graded_at: "2026-10-12"
category: "Cash & Ultra-Short Income"
category_rank: "22 of 78"
methodology: "https://etf.net/methodology"
---

# FLUD: Franklin Ultra Short Bond ETF

Grade **A**, Score 71 of 100. Rank 22 of 78 in Cash & Ultra-Short Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 68 | 21 of 78 |
| Mission | 100 | 1 of 66 |
| Risk | 50 | 37 of 75 |
| Tradability | 42 | 47 of 78 |
| Holdings | 88 | 7 of 77 |
| Durability | 69 | 25 of 78 |

## Top holdings

The fund holds 485 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Net Current Assets | 1.58% |
| 2 | — | Us Treasury N/B 3.75 4/28 | 1.10% |
| 3 | — | Us Treasury N/ 3.375 2/28 | 0.99% |
| 4 | AUTONA | Autonation Inc D 1026 | 0.98% |
| 5 | KVUE | Kenvue Inc Disc 1026 | 0.81% |
| 6 | JPM | JPMorgan Chase Frn 4/30 | 0.60% |
| 7 | — | Bank Nova Scotia Frn 9/28 | 0.60% |
| 8 | RBSPF | Natwest Group 5.583 3/28 | 0.56% |
| 9 | — | Us Treasury N/ 4.125 8/28 | 0.56% |
| 10 | — | Caixabank 6.208 1/29 | 0.54% |
| 11 | AAVMY | Abn Amro Bank 4.988 12/28 | 0.51% |
| 12 | UDRCP | Udr Inc Disc Com 1026 | 0.50% |
| 13 | — | Boeing Co 5.04 5/27 | 0.50% |
| 14 | SPGCP | Simon Ppty Group 1026 | 0.49% |
| 15 | C | Citigroup Inc Frn 3/29 | 0.48% |
| 16 | — | Bank of Ny Mello Frn 1/30 | 0.48% |
| 17 | EXSPL | Extra Space Stor 1026 | 0.48% |
| 18 | SHW | Sherwin Williams 1026 | 0.47% |
| 19 | — | Sumitomo Mitsu Frn 1/29 | 0.46% |
| 20 | HCA | Hca Inc Disc Com 1026 | 0.45% |
| 21 | — | Banco Bilbao V 6.138 9/28 | 0.45% |
| 22 | — | Bmw Us Cap Llc Frn 8/27 | 0.45% |
| 23 | — | Bpce 6.612 10/27 | 0.45% |
| 24 | — | Banq Fed Crd Mu Frn 10/28 | 0.44% |
| 25 | — | Cooperatieve R 3.649 4/28 | 0.44% |
| 26 | CVS | Cvs Health Cor 3.625 4/27 | 0.44% |
| 27 | WECGRP | Wec Energy Group 1026 | 0.44% |
| 28 | BNPQY | Bnp Paribas 3.5 11/27 | 0.44% |
| 29 | — | Capital One Fi 6.312 6/29 | 0.43% |
| 30 | — | Aercap Ireland 3 10/28 | 0.43% |

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