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FMKT vs FLGV

The Free Markets ETF vs Franklin U.S. Treasury Bond ETF

FMKT

The Free Markets ETF

Annual cost

0.76%

Fund size

$15M

FLGV

Franklin U.S. Treasury Bond ETF

Annual cost

0.09%

Fund size

$998M

Key differences

  • FLGV costs 0.67% less per year.
  • FLGV is significantly larger than FMKT — larger funds tend to be more liquid and less likely to close.
  • FMKT is classified as equity, while FLGV is fixed income — different risk/return profiles.
  • FMKT follows a active selection strategy; FLGV uses index tracking.
  • FLGV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMKTFLGV
Annual cost (TER)0.76%0.09%
Fund size (AUM)$15M$998M
Since20252020
Dividend yield4.11%
Asset classequityfixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+4.4%
CAGR 3YN/A+2.9%
CAGR 5YN/A-0.0%
Sharpe 3YN/A-0.11
Volatility 1Y3.79%
Max drawdown-17.79%-17.63%

Similar to FMKT and FLGV