FLHY: Franklin High Yield Corporate ETF
About
FLHY was created on 2018-05-30 by Franklin. The fund's investment portfolio concentrates primarily on high yield fixed income. FLHY is actively managed portfolio of global high-yield corporate debt. The fund seeks high current income", with capital appreciation as a secondary goal.
Current Value
$24.111 Year Return
Current Value
$24.111 Year Return
Key Details
Assets Under Management
$593.82M
Div Yield %
6.38%
P/E Ratio
-
Net Asset Value
$24.11
Expense Ratio
0.40%
1Y ETF Return
0.13%
Strategies that include FLHY
Stock's related to FLHY
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| NLY | 66.10% | $11.09B | +11.69% | 13.09% |
| AGNC | 65.98% | $8.59B | +10.35% | 14.78% |
| ARR | 63.53% | $1.04B | +7.10% | 16.26% |
| IVR | 61.04% | $492.52M | +2.14% | 19.60% |
| ORC | 57.69% | $617.12M | +5.64% | 18.29% |
| XWDIX | 52.57% | - | - | 12.93% |
| AVNS | 46.90% | $828.15M | -15.56% | 0.00% |
| SNN | 44.89% | $10.92B | -2.49% | 2.97% |
| PODD | 42.75% | $18.38B | +40.63% | 0.00% |
| ASAI | 41.01% | $1.63B | -54.54% | 0.00% |
| CHMI | 40.31% | $80.33M | -34.70% | 23.72% |
| CDNA | 39.86% | $1.21B | +129.70% | 0.00% |
| FAX | 39.14% | - | - | 4.89% |
| TYL | 38.90% | $25.56B | +45.00% | 0.00% |
| LHX | 37.46% | $46.77B | +31.29% | 1.88% |
| ABEV | 36.73% | $33.82B | -22.10% | 6.97% |
| PRCT | 35.98% | $5.14B | +172.19% | 0.00% |
| VRTX | 35.26% | $115.98B | +27.50% | 0.00% |
| NLOP | 33.76% | $459.67M | +97.90% | 0.00% |
| SDHC | 33.36% | $1.62B | +50.10% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LPLA | 0.12% | $24.20B | +42.81% | 0.37% |
| IMNN | -0.16% | $10.05M | -22.14% | 0.00% |
| UNM | -0.24% | $13.77B | +76.53% | 2.07% |
| EDSA | -0.27% | $6.85M | -33.28% | 0.00% |
| NNE | 0.31% | $965.35M | +631.25% | 0.00% |
| MNOV | 0.43% | $98.09M | +5.26% | 0.00% |
| MKL | 0.48% | $22.10B | +20.21% | 0.00% |
| ZCMD | 0.51% | $2.67M | -88.95% | 0.00% |
| GAN | 0.70% | $82.94M | +20.53% | 0.00% |
| NTIC | 0.75% | $134.44M | +28.17% | 1.97% |
| UNH | -0.98% | $549.86B | +9.88% | 1.34% |
| POAI | 0.99% | $4.59M | -76.64% | 0.00% |
| PULM | -1.04% | $22.32M | +230.27% | 0.00% |
| CCEC | 1.17% | $1.03B | +31.48% | 3.19% |
| INSM | 1.25% | $13.20B | +211.04% | 0.00% |
| LTM | 1.28% | $8.37B | -100.00% | <0.01% |
| EG | 1.39% | $16.55B | -5.60% | 1.93% |
| DOGZ | -1.40% | $567.92M | +1,322.65% | 0.00% |
| QXO | -1.50% | $6.81B | -33.42% | 0.00% |
| CRIS | 1.55% | $34.71M | -51.07% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PRPO | -19.51% | $8.89M | -14.59% | 0.00% |
| NEUE | -16.64% | $41.96M | -33.09% | 0.00% |
| TEM | -12.17% | $8.26B | 0.00% | 0.00% |
| PGR | -10.18% | $154.33B | +62.01% | 0.44% |
| MNR | -10.12% | $1.70B | -6.89% | 15.55% |
| TPST | -9.45% | $39.00M | -78.67% | 0.00% |
| RNR | -8.79% | $13.75B | +22.34% | 0.58% |
| CBOE | -8.04% | $22.09B | +17.17% | 1.08% |
| OXBR | -7.75% | $19.24M | +183.49% | 0.00% |
| MCK | -7.10% | $79.75B | +37.34% | 0.41% |
| LPTH | -6.70% | $59.50M | +22.95% | 0.00% |
| NTZ | -6.12% | $47.64M | -30.80% | 0.00% |
| HUM | -5.49% | $35.61B | -42.65% | 1.19% |
| BCAN | -4.97% | $72.74M | -99.75% | 0.00% |
| TCTM | -4.74% | $7.57M | -41.30% | 0.00% |
| CME | -4.53% | $81.64B | +7.34% | 2.00% |
| QTTB | -4.11% | $329.37M | +172.64% | 0.00% |
| LITB | -3.96% | $37.87M | -73.39% | 0.00% |
| ACGL | -3.48% | $37.09B | +20.63% | 0.00% |
| IBKR | -3.03% | $20.87B | +137.71% | 0.36% |
ETF's related to FLHY
News
SeekingAlpha
Global equities ended Q3 2024 collectively higher as they recovered from bouts of heightened volatility, including a market selloff in early August. Click here to read the full commentary.
SeekingAlpha
Investors will look back at the current time and wonder why they weren't selling US stocks. How long the bear market lasts won't be known, but now is a critical time to go against the crowd.
SeekingAlpha
Global equities ended the third quarter of 2024 collectively higher as they recovered from bouts of heightened volatility, including a market selloff in early August.
SeekingAlpha
Results varied at the sector level on a total-return basis, but all spread products enjoyed positive excess returns versus Treasurys. Click to read.
SeekingAlpha
In recent years, valuations across both equity and high yield credit markets have increased markedly and have become a key focal point. Click to read.
SeekingAlpha
Central banks across the US, UK and Europe have shifted to an easing phase, signaling a change in the credit cycle. Read more here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.