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ETFs

Franklin U.S. Treasury Bond ETF

FLGV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 09 2020
Expense Ratio
0.09%
Type
US Bonds
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$756,947
AUM
$435,131,500
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
US TREASURY N/B
9.12%
n/a
US TREASURY N/B
7.81%
n/a
US TREASURY N/B
6.65%
n/a
US TREASURY N/B
6.51%
n/a
US TREASURY N/B
3.92%
n/a
US TREASURY FRN
3.69%
n/a
US TREASURY N/B
3.41%
n/a
US TREASURY N/B
3.39%
n/a
US TREASURY N/B
3.30%
n/a
US TREASURY N/B
3.20%
Invest with FLGV

What is FLGV?

The Fund invests at least 80% of its net assets in direct obligations of the U.S. Treasury, including Treasury bonds, bills and notes, and investments that provide exposure to direct obligations of the U.S. Treasury. The Fund may invest in U.S. Treasury securities of any maturity and intends to primarily focus on U.S. Treasury securities with a remaining maturity of between 1-30 years. The Fund may also invest in securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities, including government sponsored entities and mortgage-backed securities.

ETFs related toFLGV

ETFs correlated to FLGV include GOVT, TYD, IEF

FLGV
Franklin Templeton ETF Trust - Franklin U.S. Treasury Bond ETF
GOVT
BlackRock Institutional Trust Company N.A. - iShares U.S. Treasury Bond ETF
TYD
Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bull 3X Shares
IEF
BlackRock Institutional Trust Company N.A. - iShares 7-10 Year Treasury Bond ETF
FLCB
Franklin Templeton ETF Trust - Franklin U.S. Core Bond ETF
VGIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Treasury ETF
SPTI
SPDR Series Trust - SPDR Portfolio Intermediate Term Treasury ETF
BNDC
FlexShares Trust - FlexShares Core Select Bond Fund
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
SCHR
Schwab Strategic Trust - Schwab Intermediate-Term U.S. Treasury ETF
PLW
Invesco Capital Management LLC - Invesco 1-30 Laddered Treasury ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFLGV

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

#RAY

Copy Ray Dalio

Category

Classic, Copy the Greats

Risk Rating

Conservative

Create your own algorithmic trading strategy with FLGV using Composer

FAQ

FLGV is a US Bonds ETF. The Fund invests at least 80% of its net assets in direct obligations of the U.S. Treasury, including Treasury bonds, bills and notes, and investments that provide exposure to direct obligations of the U.S. Treasury. The Fund may invest in U.S. Treasury securities of any maturity and intends to primarily focus on U.S. Treasury securities with a remaining maturity of between 1-30 years. The Fund may also invest in securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities, including government sponsored entities and mortgage-backed securities.

Yes, FLGV is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FLGV is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FLGV is -0.0096%. This is the percent change in the value of FLGV over the most recent 1-month period. The 3-month return on FLGV is 0.0181%. This is the percent change in the value of FLGV over the most recent 3-month period.

The standard deviation of FLGV for the past year is 0.0695%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FLGV include EMB, SHY, and TLT.

ETFs correlated to FLGV include GOVT, TYD, and IEF.

ETFs that are inversely correlated to FLGV include PST, TTT, and TMV.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.