FLHY Franklin High Yield Corporate ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

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FLHY — —
Key stats
About

Franklin High Yield Corporate ETF (FLHY) ETF

No description available.

Exchange
BATS
Inception
2018-05-30
Has Options
No
Fund profile
holdings as of Oct 20, 2026issuer datathrough Jun 2026flows, SEC filings
Taxable Bond High Yield Bond#18 of 83 by assets Franklin Templeton Actively managed
Expense ratio
0.40%
issuer, Oct 22, 2026
Assets
$1.2B
issuer-reported, Oct 20, 2026
Trailing yield
6.76%
paid monthly
Average daily volume
$7.6M
30 sessions
Holdings
294
top 10 are 8.5%
Listed
May 30, 2018
Cboe BZX
Net asset value
$23.35
issuer, Oct 21, 2026 · closed +0.13% to NAV
Median bid/ask spread
0.04%
30 days, issuer-reported
30-day SEC yield
7.18%
issuer, Sep 30, 2026
Return on NAV, 1 year
+2.0%
issuer, through Sep 30, 2026 · 3 years +8.2% a year · 5 years +4.0%
Distributions, 12 months
$1.58 a share
issuer, through Oct 1, 2026: 100% income
Closure risk, 12 months
0.4%
low · model
FrenzyCap ETF score
63
how it is built
Cost34
Liquidity63
Scale77
Diversification100

Moves with. Long Treasuries (46% of its variance, beta 0.35); US large-cap stocks (11% of its variance, beta 0.06); High yield over Treasuries (10% of its variance, beta 0.61); US dollar (3% of its variance, beta -0.06). These factors explain 76% of its daily moves over the last year.

Stated objective. To earn a high level of current income. Its secondary goal is to seek capital appreciation to the extent it is possible and consistent with the Funds principal goal. (from the fund's prospectus)

All 294 holdingsFlow historyOverlap toolAll High Yield Bond ETFs

Fund flows
daily as of Oct 20, 2026issuer datathrough Jun 2026SEC filings
Oct 20, 2026
$0
latest day
Latest 5 trading days
$0
Year to date
+$9.4M
Each day
Net creations of FLHY by day, Oct 12, 2026 to Oct 20, 2026
DayNet flow
Oct 20, 2026$0
Oct 16, 2026$0
Oct 15, 2026$0
Oct 14, 2026$0
Oct 13, 2026$0
Oct 12, 2026+$9.4M

Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.

Jun 2026
+$22M
latest reported month
Latest 3 months
+$309M
+26.1% of assets
Latest 12 months
+$543M
+45.9% of assets
Jul 2025: +$12MAug 2025: −$17M−$17MAugSep 2025: −$7.3MOct 2025: +$59MOctNov 2025: +$8.5MDec 2025: +$1.3MDecJan 2026: +$43MFeb 2026: +$42MFebMar 2026: +$93MApr 2026: +$209M+$209MAprMay 2026: +$78MJun 2026: +$22MJun
View as a table
Net flows of FLHY by month, Jul 2025 to Jun 2026
MonthNet flow
Jun 2026+$22M
May 2026+$78M
Apr 2026+$209M
Mar 2026+$93M
Feb 2026+$42M
Jan 2026+$43M
Dec 2025+$1.3M
Nov 2025+$8.5M
Oct 2025+$59M
Sep 2025−$7.3M
Aug 2025−$17M
Jul 2025+$12M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago

Similar funds
FundOverlapFeeAssets1Y
USHYiShares Broad USD High Yield Corporate Bond ETF—0.08%$25.8B−5.5%compare
HYGiShares iBoxx $ High Yield Corporate Bond ETF—0.49%$16.5B−4.8%compare
SPHYState Street SPDR Portfolio High Yield Bond ETF—0.05%$11.7B−5.6%compare
SHYGiShares 0-5 Year High Yield Corporate Bond ETF—0.30%$7.6B−4.7%compare
JNKState Street SPDR Bloomberg High Yield Bond ETF—0.40%$5.5B−5.2%compare

The largest other funds in the High Yield Bond category.

What changed in the portfolio
Mar 31, 2026 → Jun 30, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
New positionGOOGMALPHABET INC—0.17%—
New positionGOOGNALPHABET INC—0.17%—

0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 0.3%. Full holdings and history

Under the hood
fiscal year to Mar 31, 2026SEC census
Authorized participants
3 active
of 21 with agreements; top 3 did 100%
Created · redeemed
$357M · $107M
over the fiscal year
Redemptions in kind
100%
creations 92% in kind
Creation unit
50,000
shares
Securities lending
not authorized

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-10-20
Holdings
294
AUM
$1.2B
Provider
Franklin
Inception
2018-05-30
Exchange
BATS
Data As Of
2026-10-20
Expense Ratio
0.40%
Dividend Yield
6.76%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-10-01 2026-10-06 $0.1408 CD
2026-09-01 2026-09-04 $0.1248 CD
2026-08-03 2026-08-06 $0.1435 CD
2026-07-01 2026-07-07 $0.1284 CD
2026-06-01 2026-06-04 $0.1266 CD
2026-05-01 2026-05-06 $0.1259 CD
Asset Allocation
Top Holdings
top 50 of 294 holdings
Symbol Name Weight % Asset Class Country
— IFT - MONEY MARKET PORT 2.37% Cash/Money Market —
— Net Current Assets 1.43% Cash/Money Market —
— ARCHROCK SVC/PAR 6 2/34 0.98% Corporate Bond US
— DAVITA INC 4.625 6/30 0.94% Corporate Bond US
— LEEWARD RENEWAB 4.25 7/29 0.90% Corporate Bond US
— TREEHOUSE FOODS 7.75 2/33 0.87% Corporate Bond US
— KEDRION SPA 6.5 9/29 0.83% Corporate Bond IT
— FRONERI LUX FINC 6 8/32 0.82% Corporate Bond GB
— BEACH ACQUISITIO 10 7/33 0.81% Corporate Bond US
— MOHEGAN / MS 8.25 4/30 0.80% Corporate Bond US
— FORTRESS INTERME 7.5 6/31 0.80% Corporate Bond US
— EFESTO BIDCO 7.5 2/32 0.78% Corporate Bond IT
— OPAL BIDCO 6.5 3/32 0.78% Corporate Bond FR
— CALUMET SPECIAL 9.75 2/31 0.77% Corporate Bond US
— CLYDESDALE ACQU 6.75 4/32 0.77% Corporate Bond US
— DEXKO GLOBAL INC 7.5 4/32 0.76% Corporate Bond US
— A&K TRAVEL GROUP 7.5 5/33 0.76% Corporate Bond GB
— BANIJAY ENTERT 8.125 5/29 0.75% Corporate Bond FR
— RR DONNELLEY 9.5 8/29 0.74% Corporate Bond US
— CONCENTRA HEAL 6.875 7/32 0.72% Corporate Bond US
— ENCORE CAPITAL 6.625 6/32 0.70% Corporate Bond US
— CLEARWAY ENERGY 5.75 1/34 0.70% Corporate Bond US
— FLUTTER TREASU 5.875 6/31 0.69% Corporate Bond GB
— RIVERS ENT BOR 6.25 10/30 0.69% Corporate Bond US
— CA BUYER/ATLAN 6.375 2/32 0.69% Corporate Bond ES
— CONNECT FINCO 9 9/29 0.69% Corporate Bond GB
— WASTE PRO USA IN 7 2/33 0.69% Corporate Bond US
— HILTON DOMESTIC 5.75 9/33 0.68% Corporate Bond US
— OSAIC HOLDINGS 8 8/33 0.68% Corporate Bond US
— IQVIA INC 6.25 6/32 0.66% Corporate Bond US
— GEN DIGITAL INC 6.25 4/33 0.66% Corporate Bond US
— GENMAB/GENMAB 7.25 12/33 0.66% Corporate Bond DK
— CCO HOLDINGS LLC 7 2/33 0.65% Corporate Bond US
— 1011778 BC ULC 6.125 6/29 0.65% Corporate Bond CA
— WEATHERFORD IN 6.75 10/33 0.64% Corporate Bond US
— CANPACK GROUP/SA 6 5/31 0.64% Corporate Bond PL
— RAIN CARBON IN 12.25 9/29 0.63% Corporate Bond US
— ARC FALC I/ARC/ 9.75 3/33 0.63% Corporate Bond US
— MURPHY OIL CORP 6.5 2/34 0.63% Corporate Bond US
— VISTRA OPERATI 7.75 10/31 0.62% Corporate Bond US
— WATCO COS LLC/ 7.125 8/32 0.61% Corporate Bond US
— VENTURE GLOBAL L 9.5 2/29 0.60% Corporate Bond US
— PETSMART LLC/PE 7.5 9/32 0.59% Corporate Bond US
— XPO INC 7.125 2/32 0.58% Corporate Bond US
— VERITIV OPERAT 10.5 11/30 0.57% Corporate Bond US
— VZ SECURED FINAN 7.5 1/33 0.57% Corporate Bond NL
— APLD COMPUT 9.25 12/30 0.57% Corporate Bond US
— NEPTUNE BIDCO US 9.5 2/33 0.56% Corporate Bond US
— DIRECTV FINANC 8.875 2/30 0.56% Corporate Bond US
— TALEN ENERGY S 6.375 5/33 0.55% Corporate Bond US
Non-Equity Breakdown
Franklin High Yield Corporate ETF · NPORT-P period 2026-06-30 (filed 2026-08-27)
Net assets: $1.18B · 290 total positions · equity 0.52% · non-equity 97.88%
Non-equity holdings — 282 positions, 97.88% of NAV
Category Weight Value Positions
Corporate 95.52% $1.13B 277
Short-term investment 2.11% $25.0M 1
Municipal 0.14% $1.6M 1
Corporate 0.11% $1.3M 3
Chart
Seasonality
'21'22'23'24'25'26Avg
Jan-0.91%-2.02%3.89%0.47%1.09%0.80%0.55%
Feb-0.47%-1.80%-2.67%-0.04%0.83%-0.20%-0.72%
Mar-0.66%-1.09%2.69%0.94%-1.08%-0.98%-0.03%
Apr0.31%-3.82%0.53%-0.68%0.05%1.46%-0.36%
May-0.28%1.32%-0.13%1.41%1.82%0.33%0.74%
Jun0.55%-6.46%1.18%0.51%1.88%0.23%-0.35%
Jul-0.28%4.99%1.50%2.25%0.37%-0.25%1.43%
Aug0.15%-2.93%0.90%1.67%1.24%0.75%0.30%
Sep-0.47%-3.88%-1.19%1.20%1.11%-2.60%-0.97%
Oct-0.93%2.01%-0.72%-1.03%0.00%0.52%*-0.03%
Nov-1.24%3.01%3.71%1.51%0.97%--1.59%
Dec1.73%-2.10%1.65%-1.12%0.29%--0.09%
Total-2.51%-12.58%11.72%7.25%8.87%0.00%2.13%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $23.39
SMA 50: $23.78
SMA 200: $24.17
Current: $23.38
EMA 12: $23.38
EMA 26: $23.50
MACD: -0.1199 | Signal: 0.0206
BEARISH
ADX (14): 38.64
TREND
+DI: 19.65
−DI: 35.11

Momentum Oscillators

RSI (14): 39.87
NEUTRAL
Stoch %K: 58.70
Stoch %D: 57.17
Williams %R: -38.10

Volume & Volatility

BB Upper: $23.56
BB Lower: $23.22
NEUTRAL
OBV: 12,748,781
Vol SMA 20: 355,941
Vol ROC: 0.51%
ATR: $0.09
True Range: $0.06
HV 20: 4.3%
HV 30: 4.6%
HV 60: 4.1%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All FLHY news →

FLHY Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.2091
Alpha: -7.43%
Correlation: 0.6312
R-Squared: 39.8%
Stock Volatility: 4.2%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

FLHY Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

90 filers37,258,667 shares$903.41M value
# Filer Shares Value % of Total % of Float Period
1 Franklin Resources, Inc. Custodian 10,095,767 $245.23M 27.14% — 2026-06-30
2 Ameriprise Financial, Inc. Custodian 7,653,539 $185.86M 20.57% — 2026-06-30
3 LPL Financial LLC Custodian 3,664,002 $89.00M 9.85% — 2026-06-30
4 HANTZ FINANCIAL SERVICES, INC. 2,277,130 $55.31M 6.12% — 2026-06-30
5 Northwest Financial Advisors 1,844,480 $44.80M 4.96% — 2026-06-30
6 State of New Jersey Common Pension Fund D 1,400,000 $34.01M 3.76% — 2026-06-30
7 Prentice Wealth Management LLC 1,077,190 $26.16M 2.90% — 2026-06-30
8 Cetera Investment Advisers Custodian 953,682 $23.16M 2.56% — 2026-06-30
9 Provenance Wealth Advisors, LLC 839,742 $20.40M 2.26% — 2026-06-30
10 ASSETMARK, INC 837,340 $20.34M 2.25% — 2026-06-30
11 BENJAMIN EDWARDS INC 791,079 $19.21M 2.13% — 2026-06-30
12 Dynamic Advisor Solutions LLC 694,819 $16.26M 1.80% — 2026-09-30
13 Wells Fargo & Company Custodian 422,519 $10.26M 1.14% — 2026-06-30
14 CROBAN 373,837 $9.08M 1.01% — 2026-06-30
15 Envestnet Asset Management, Inc. 362,056 $8.79M 0.97% — 2026-06-30
16 Ocean Park Asset Management, LLC 298,000 $7.24M 0.80% — 2026-06-30
17 PNC Financial Services Group, Inc. Custodian 296,672 $7.21M 0.80% — 2026-06-30
18 Raymond James Financial, Inc. Custodian 274,299 $6.66M 0.74% — 2026-06-30
19 Bank of America Corp Custodian 264,369 $6.42M 0.71% — 2026-06-30
20 Founders Financial Alliance, LLC 227,041 $5.51M 0.61% — 2026-06-30
21 rebel Financial LLC 156,190 $3.77M 0.42% — 2026-03-31
22 MML INVESTORS SERVICES, LLC 150,602 $3.66M 0.40% — 2026-06-30
23 Jones Financial Companies LLLP Custodian 147,707 $3.58M 0.40% — 2026-06-30
24 Morgan Stanley Custodian 146,702 $3.56M 0.39% — 2026-06-30
25 Clear Creek Financial Management, LLC 122,323 $2.97M 0.33% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month