TCW Flexible Income ETF
$37.85+0.04 (+0.11%)
- 0.40%
- $3.6B
- +1.2%
- 6.35%
- 0.5M sh
- $37.73
- low $36.03high $39.97
The ETF.net FLXR Grade
B
Score 67 out of 100
- 8 of 29
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.B59 out of 100Rank 12 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.A81 out of 100Rank 17 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A71 out of 100Rank 7 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C54 out of 100Rank 11 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A71 out of 100Rank 8 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A72 out of 100Rank 7 of 29
Our read on FLXR
BA go-anywhere bond fund from a fixed-income house. TCW measures FLXR against the Agg but doesn't copy it, roaming global credit, currencies and rates in search of income. Running since 2018, and it pays monthly.
The fund seeks a high level of current income and, secondarily, long-term capital appreciation. It uses an actively managed flexible approach across global opportunities tied to credit, currencies, and interest rates.
Why people hold it
- Benchmarked to the Agg, not handcuffed to it: an active team works global credit, currencies and rates for current income, with long-term capital appreciation as the stated second goal.
- One of the older active bond ETFs on the tape, live since 2018 and run by a dedicated fixed-income shop. It has since grown into a multi-billion-dollar fund.tcw.com
- Roughly 1,600 positions and a monthly distribution: no single bond carries the portfolio, and income lands on a regular schedule.
- Sits in the upper half of a crowded aggregate-bond field, and sees enough steady volume to absorb ordinary retail-sized orders.
Worth knowing
- The 0.40% fee is real money beside plain index Agg trackers like BND and AGG at 0.03%. You are buying a manager's judgment, not a rulebook.
- Active and flexible cuts both ways: results ride on the team's calls, and the portfolio can look nothing like the Agg index it reports against.
- Monthly does not mean fixed. The payout tracks what the bonds and currency positions actually earn, so the size of each check moves around.
FLXR Holdings
- Bonds
- 1,518
- 24%
- Tcw Central Cash Fund Tcw Central Cash Fund Inst
Sectors
- Securitized43.0%
- Government36.8%
- Corporate20.2%
Geography
- United States75.41%
- United Kingdom4.91%
- Luxembourg2.46%
- Italy2.19%
- Netherlands2.16%
- Australia2.05%
- Germany1.75%
- France1.04%
- 8.04%
FLXR 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.Not enough history yet.Not enough history yet.
FLXR$10,115
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 | FLXR |
|---|---|
| Year to date | 0.0% |
| 1 month | −1.0% |
| 3 months | −1.5% |
| 1 year | +1.2% |
| 3 years | — |
| 5 years | — |
| 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 | FLXR |
|---|---|---|
| 2026 YTD | 0.0% | |
| 2025 | +8.4% | |
| 2024 | +4.8% |
FLXR in the news
FLXR Dividends
- 6.35%
- $2.40
- $0.20 per share
- Monthly
Distribution history
FLXR Risk
- 3.3%
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.
- 0.45
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.
- −2.3%
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.
- 0.71
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLXR Cost
0.40%
FLXR0.40%
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.45%
12 of the 28 Global Aggregate Bond (Unhedged) funds charge less.
Other funds in Global Aggregate Bond (Unhedged)
- ADFSBDimensional - Global Sustainability Fixed Income ETFExpense ratio 0.24%1 year return −0.6%
- AEVTREaton Vance Total Return Bond ETFExpense ratio 0.32%1 year return −1.6%
- BSDFIAlliance Bernstein - AB Short Duration Income ETFExpense ratio 0.30%1 year return +1.6%
- BSDSIAmerican Century Short Duration Strategic Income ETFExpense ratio 0.32%1 year return +2.6%
- BHFSIHartford Strategic Income ETFExpense ratio 0.49%1 year return −0.3%