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PHYD vs FLCO

Putnam ESG High Yield ETF vs Franklin Investment Grade Corporate ETF

PHYD

Putnam ESG High Yield ETF

Annual cost

0.55%

Fund size

$8M

FLCO

Franklin Investment Grade Corporate ETF

Annual cost

0.35%

Fund size

$581M

Key differences

Both PHYD and FLCO are fixed income ETFs. PHYD charges 0.55% a year and FLCO 0.35%. The main difference: PHYD covers North America; FLCO covers global markets.

  • PHYD covers North America; FLCO covers global markets.
  • FLCO costs 0.20% less per year.
  • FLCO is much larger than PHYD. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, PHYD has delivered higher annualized returns.
  • FLCO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PHYDFLCO
Annual cost (TER)0.55%0.35%
Fund size (AUM)$8M$581M
Since20232016
Dividend yield8.45%4.63%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyactive selectionactive selection
CAGR 1Y+7.7%+4.7%
CAGR 3Y+9.0%+4.9%
CAGR 5YN/A+0.2%
Sharpe 3Y1.180.23
Volatility 1Y3.36%4.41%
Max drawdown-4.33%-22.71%

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