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ETFs

Franklin U.S. Low Volatility ETF

FLLV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 20 2016
Expense Ratio
0.29%
Type
US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$724,625
AUM
$161,058,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

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Invest with FLLV

What is FLLV?

The fund seeks capital appreciation with an emphasis on lower volatility than the broader equity market, as measured by the Russell 1000 Index. The fund applies a fundamentally driven bottom-up research process to identify stocks that exhibit strong fundamental characteristics and screens for stocks with the lowest realized volatility scores, based on our proprietary quantitative model, relative to their corresponding sectors. Risk considerations are incorporated into the final stock selection process. Under normal market conditions, the Fund invests at least 80% of its net assets in U.S. investments. The Fund invests primarily in equity securities (principally common stocks) of U.S. companies, which are those that: are organized under the laws of, or have a principal office in, or for whose securities the principal trading market is, the U.S.; or derive 50% or more of their total revenue or profit from either goods or services produced, or sales made, in the U.S.; or have 50% or more of their assets in the U.S. The Fund seeks capital appreciation while providing a lower level of volatility than the broader equity market as measured by the Russell 1000 Index. Volatility is a statistical measurement of the frequency and level of up and down fluctuations of a fund s returns over time. Therefore, in this context, seeking to provide a lower level of volatility than the broader equity market means that the Fund seeks returns that fluctuate less than the returns of the Russell 1000 Index.

ETFs related toFLLV

ETFs correlated to FLLV include VIG, QUS, PFM

FLLV
Franklin Templeton ETF Trust - Franklin U.S. Low Volatility ETF
VIG
Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF
QUS
SPDR Series Trust - SPDR MSCI USA StrategicFactors SM ETF
PFM
Invesco Capital Management LLC - Invesco Dividend Achievers ETF
TDVG
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Dividend Growth ETF
DGRO
BlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF
FDLO
Fidelity Covington Trust - Fidelity Low Volatility Factor ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
DUHP
Dimensional ETF Trust - Dimensional US High Profitability ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
JQUA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Quality Factor 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 toFLLV

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with FLLV using Composer

FAQ

FLLV is a US Equities ETF. The fund seeks capital appreciation with an emphasis on lower volatility than the broader equity market, as measured by the Russell 1000 Index. The fund applies a fundamentally driven bottom-up research process to identify stocks that exhibit strong fundamental characteristics and screens for stocks with the lowest realized volatility scores, based on our proprietary quantitative model, relative to their corresponding sectors. Risk considerations are incorporated into the final stock selection process. Under normal market conditions, the Fund invests at least 80% of its net assets in U.S. investments. The Fund invests primarily in equity securities (principally common stocks) of U.S. companies, which are those that: are organized under the laws of, or have a principal office in, or for whose securities the principal trading market is, the U.S.; or derive 50% or more of their total revenue or profit from either goods or services produced, or sales made, in the U.S.; or have 50% or more of their assets in the U.S. The Fund seeks capital appreciation while providing a lower level of volatility than the broader equity market as measured by the Russell 1000 Index. Volatility is a statistical measurement of the frequency and level of up and down fluctuations of a fund s returns over time. Therefore, in this context, seeking to provide a lower level of volatility than the broader equity market means that the Fund seeks returns that fluctuate less than the returns of the Russell 1000 Index.

Yes, FLLV 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, FLLV 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 FLLV is 0.0136%. This is the percent change in the value of FLLV over the most recent 1-month period. The 3-month return on FLLV is 0.0106%. This is the percent change in the value of FLLV over the most recent 3-month period.

The standard deviation of FLLV for the past year is 0.1752%. 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 FLLV include VIXY, QYLD, and XYLD.

ETFs correlated to FLLV include VIG, QUS, and PFM.

ETFs that are inversely correlated to FLLV include SDS, SH, and SPDN.

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.