Franklin Templeton InvestmentsHigh Yield BondFLHY · Cboe BZX

Franklin High Yield Corporate ETF (FLHY)

Compare High Yield Bond ETFs Compare with others

Price: $23.86; —11 Sept 2026
Assets: $1.3B; Total net assets
Expense ratio: 0.40%; Category 0.85%
Yield: 6.47%; Trailing distributions

1Y return: 4.0%+0.8%; Category 3.1%
3Y CAGR: 8.5%+0.7%; Category 7.8%
5Y CAGR: 4.4%+0.7%; Category 3.6%

Loading NAV history…

Franklin High Yield Corporate ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-0.8%	+0.1%	+2.5%	+2.0%	+4.0%	+8.5%	+4.4%	—	+5.7%
High Yield Bond average	-0.7%	-0.0%	2.6%	1.7%	3.1%	7.8%	3.6%	4.7%	4.7%
Difference	-0.1%	+0.1%	-0.1%	+0.2%	+0.8%	+0.7%	+0.7%	—	+0.9%

Holdings

The 1 largest positions make up 2.7% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
INFXX	Franklin Instl U.S. Govt Mny Mkt Fund	2.70%

Sector allocation

Share of the equity the fund holds.

Health care100.0%

Asset mix

Bonds95.5%
Cash2.9%
Other0.9%
Preferred shares0.5%
Convertibles0.1%
Stocks0.0%

Credit quality

Share of the bonds by rating.

BBB3.6%
BB51.4%
B35.6%
Below B7.7%
Other1.7%

ETF details

Issuer: Franklin Templeton Investments
Category: Fixed Income · High Yield Bond
Ticker: FLHY
Exchange: Cboe BZX
Inception: 30 May 2018 (8.3 years)
Structure: Exchange Traded Fund
Expense ratio: 0.40% (category 0.85%)
Holdings turnover: 36% (category 74%)
Distribution yield: 6.47%
Beta, 3 years: 0.62
Total net assets: $1.3B
Average duration: 7.11 years
Average maturity: 9.99 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other high yield bond ETFs

Other ETFs in the High Yield Bond category.

Compare High Yield Bond ETFs