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ETFs

Franklin U.S. Core Bond ETF

FLCB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 17 2019
Expense Ratio
0.15%
Type
US Bonds
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$3,639,735
AUM
$1,576,792,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
US TREASURY N/B
6.30%
n/a
US TREASURY N/B
4.60%
n/a
US TREASURY N/B
3.80%
n/a
US TREASURY N/B
3.62%
n/a
US TREASURY N/B
3.08%
n/a
US TREASURY N/B
2.66%
n/a
US TREASURY N/B
1.63%
n/a
US TREASURY N/B
1.40%
n/a
US TREASURY N/B
1.36%
n/a
US TREASURY N/B
1.32%
Invest with FLCB

What is FLCB?

The Fund invests at least 80% of its net assets in bonds of U.S. issuers, including government, corporate debt, mortgage-backed and asset-backed securities. Bonds include debt obligations of any maturity, such as bonds, notes, bills and debentures. U.S. issuers include entities: whose securities are listed or traded principally on a recognized stock exchange or over-the-counter market in the U.S.; that derive 50% or more of their total revenue from either goods or services produced or sales made in the U.S.; that have 50% or more of their assets in the U.S.; or that are organized under the laws of, or with principal offices in, the U.S. The Fund invests predominantly in investment grade debt securities and, under normal market conditions, is generally expected to have sector, credit and duration exposures comparable to the Bloomberg Barclays U.S. Aggregate Bond Index, the Fund s benchmark index.

ETFs related toFLCB

ETFs correlated to FLCB include BND, AGG, BKAG

FLCB
Franklin Templeton ETF Trust - Franklin U.S. Core Bond ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
BKAG
BNY Mellon ETF Trust - BNY Mellon Core Bond ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
EAGG
iShares Trust - iShares ESG Aware U.S. Aggregate Bond ETF
BBAG
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
GOVT
BlackRock Institutional Trust Company N.A. - iShares U.S. Treasury Bond ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
FIXD
First Trust Exchange-Traded Fund VIII - First Trust TCW Opportunistic Fixed Income ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFLCB

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with FLCB using Composer

FAQ

FLCB is a US Bonds ETF. The Fund invests at least 80% of its net assets in bonds of U.S. issuers, including government, corporate debt, mortgage-backed and asset-backed securities. Bonds include debt obligations of any maturity, such as bonds, notes, bills and debentures. U.S. issuers include entities: whose securities are listed or traded principally on a recognized stock exchange or over-the-counter market in the U.S.; that derive 50% or more of their total revenue from either goods or services produced or sales made in the U.S.; that have 50% or more of their assets in the U.S.; or that are organized under the laws of, or with principal offices in, the U.S. The Fund invests predominantly in investment grade debt securities and, under normal market conditions, is generally expected to have sector, credit and duration exposures comparable to the Bloomberg Barclays U.S. Aggregate Bond Index, the Fund s benchmark index.

Yes, FLCB is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FLCB is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FLCB is -0.0143%. This is the percent change in the value of FLCB over the most recent 1-month period. The 3-month return on FLCB is -0.0347%. This is the percent change in the value of FLCB over the most recent 3-month period.

The standard deviation of FLCB for the past year is 0.0719%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FLCB include GSY, GVI, and BLV.

ETFs correlated to FLCB include BND, AGG, and BKAG.

ETFs that are inversely correlated to FLCB include PST, TBX, and TTT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.