Fund Evaluator:
Franklin High Yield Corporate ETF (FLHY)
Follow This Fund
Fixed Income
Global Asset Class
Taxable Bond
Fund Group
High Yield Bond
Category
$25.670
NAV (as of Oct 07)
$0.00
Minimum Initial
0.40% C
Expense Ratio
$1,230 Mil
Assets
Open
Status
na
12b-1 Fee
6.52%
TTM Yield
0.00%
Max Load
36%
Portfolio Turnover
Best Performing in High Yield Bond Over the Last Year
| 11.4% | Fidelity Capital & Income (FAGIX) |
| 10.5% | Fidelity Advisor Capital & Income Z (FIQTX) |
| 7.4% | American Beacon SiM High Yld Opps Inv (SHYPX) |
| 7.4% | Fidelity Advisor High Income Z (FGUMX) |
| 7.2% | Fidelity High Income (SPHIX) |
Data as of 7/31/2026
-0.2% C
1-Mo Return
0.5% C
3-Mo Return
1.8% C
YTD Return
5.9% A
1-Yr Return
8.6% A
3-Yr Return
4.5% B
5-Yr Return
0.98 C
Category Risk Index
0.35
Total Risk Index
Fund Details
Fund Family
Franklin Templeton Investments
Inception Date
5/30/2018
Share Class Type
Equity Investment Style
na
Bond Investment Style
High Quality
Limited Sensitivity
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg US Agg Bond TR USD: 100%
Additional Fund Details
Franklin High Yield Corporate ETF Overview
FLHY Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FLHY Return (NAV) | -0.2% | 0.5% | 5.9% | 8.6% | 4.5% | na |
| FLHY Grade | C | C | A | A | B | na |
| +/- Category | 0.1% | 0.0% | 1.0% | 1.0% | 0.7% | na |
| High Yield Bond Avg | -0.3% | 0.4% | 4.9% | 7.5% | 3.7% | 4.8% |
| FLHY Tax Cost Ratio | na | na | 2.6% | 2.6% | 2.5% | na |
FLHY Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FLHY Return (NAV) | 1.8% | 9.3% | 8.5% | 14.0% | -10.4% | 4.4% | 7.4% | 16.6% | na | na | na |
| FLHY Grade | C | A | A | A | C | C | B | A | na | na | na |
| +/- Category | 0.1% | 1.4% | 0.8% | 2.1% | -0.4% | -0.7% | 2.2% | 3.6% | na | na | na |
| High Yield Bond Avg | 1.6% | 7.9% | 7.6% | 11.9% | -10.0% | 5.1% | 5.2% | 13.0% | -2.7% | 6.7% | 13.4% |
| Risk Measures | |
| Standard Deviation: | 4.2% |
| Total Risk Index: | 0.35 - Low |
| Category Risk Index: | 0.98 - Average |
| Category Risk Grade: | C (42% Rank) |
| Beta: | 0.62 |
| R-Squared: | 68% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 6.5% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1230 Mil |
| Fund Total Assets: | $1,231 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 36% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 8.2 years | |||
| Average Tenure: 4.0 years | |||
| Managers (Year): Voyles Glenn (2018), Belk Jonathan (2020), Dieffenbacher Bryant (2024), Salvin Robert (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 298 |
| % in Top 10 Holdings: | 8.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 17.5% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.5% |
| Domestic Bond: | 80.0% |
| Foreign Bond: | 17.5% |
| Convertible Bond: | 0.1% |
| Other: | 0.4% |
| Cash: | 1.5% |
Purchase Information
| Fund Family: | Franklin Templeton Investments |
| Phone Number: | 800-342-5236 |
| Website: | etf.franklintempleton.com |
| Status: | Open |
| Inception Date: | May 30, 2018 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.40% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 0.92% |
| Share Class: | Franklin High Yield Corporate ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
Copyright 2026 American Association of Individual Investors and Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.