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ETFs

Franklin International Aggregate Bond ETF

FLIA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 30 2018
Expense Ratio
0.25%
Type
Global Ex. US Bonds
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$990,357
AUM
$311,520,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Cash & Cash Equivalents
7.59%
n/a
BUNDESREPUB. DEUTSCHLAND
7.24%
n/a
FRANCE (GOVT OF)
4.68%
n/a
UNITED KINGDOM GILT
4.27%
n/a
MEX BONOS DESARR FIX RT
4.09%
n/a
POLAND GOVERNMENT BOND
3.72%
n/a
BONOS Y OBLIG DEL ESTADO
3.68%
n/a
JAPAN (5 YEAR ISSUE)
3.63%
n/a
BELGIUM KINGDOM
3.34%
n/a
REPUBLIC OF AUSTRIA
3.09%
Invest with FLIA

What is FLIA?

The Fund invests predominantly in fixed and floating-rate bonds issued by governments, government agencies and governmental-related or corporate issuers located outside the U.S. Bonds may be denominated and issued in the local currency or in another currency. The Fund may also invest in securities or structured products that are linked to or derive their value from another security, asset or currency of any nation. In addition, the Fund s assets are invested in issuers located in at least three countries (excluding the U.S.). The Fund may invest without limit in developing or emerging markets. The Fund may invest in debt securities of any maturity or duration, and the average maturity or duration of debt securities in the Fund s portfolio will fluctuate depending on the investment manager s outlook on changing market, economic, and political conditions. Although the Fund may buy bonds rated in any category, including securities in default, it focuses on investment grade bonds.

ETFs related toFLIA

ETFs correlated to FLIA include BNDX, BNDW, IAGG

FLIA
Franklin Templeton ETF Trust - Franklin International Aggregate Bond ETF
BNDX
Vanguard Group, Inc. - Vanguard Total International Bond ETF
BNDW
Vanguard Group, Inc. - Vanguard Total World Bond ETF
IAGG
BlackRock Institutional Trust Company N.A. - iShares International Aggregate Bond Fund
UTEN
Rbb Fund Inc - US Treasury 10 Year Note ETF
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
IEF
BlackRock Institutional Trust Company N.A. - iShares 7-10 Year Treasury Bond ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
TYD
Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bull 3X Shares
BND
Vanguard Group, Inc. - Vanguard Total Bond Market 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 toFLIA

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with FLIA using Composer

FAQ

FLIA is a Global Ex. US Bonds ETF. The Fund invests predominantly in fixed and floating-rate bonds issued by governments, government agencies and governmental-related or corporate issuers located outside the U.S. Bonds may be denominated and issued in the local currency or in another currency. The Fund may also invest in securities or structured products that are linked to or derive their value from another security, asset or currency of any nation. In addition, the Fund s assets are invested in issuers located in at least three countries (excluding the U.S.). The Fund may invest without limit in developing or emerging markets. The Fund may invest in debt securities of any maturity or duration, and the average maturity or duration of debt securities in the Fund s portfolio will fluctuate depending on the investment manager s outlook on changing market, economic, and political conditions. Although the Fund may buy bonds rated in any category, including securities in default, it focuses on investment grade bonds.

Yes, FLIA 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, FLIA 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 FLIA is -0.0143%. This is the percent change in the value of FLIA over the most recent 1-month period. The 3-month return on FLIA is -0.0202%. This is the percent change in the value of FLIA over the most recent 3-month period.

The standard deviation of FLIA for the past year is 0.1368%. 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 FLIA include GSY, GVI, and BLV.

ETFs correlated to FLIA include BNDX, BNDW, and IAGG.

ETFs that are inversely correlated to FLIA include PST, TBX, and TTT.

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.