Franklin Liberty Ultra Etf Profile

FLUD Etf  USD 24.87  0.01  0.04%   

Performance

25 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Franklin Liberty is trading at 24.87 as of the 28th of March 2024, a 0.04 percent up since the beginning of the trading day. The etf's lowest day price was 24.87. Franklin Liberty has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Franklin Liberty Ultra are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in bonds and investments that provide exposure to bonds. Franklin Liberty is traded on NYSEARCA Exchange in the United States. More on Franklin Liberty Ultra

Moving together with Franklin Etf

  0.99BIL SPDR Bloomberg 1-3PairCorr
  0.99SHV IShares Short TreasuryPairCorr
  0.99JPST JPMorgan Ultra-ShortPairCorr
  0.97USFR WisdomTree Floating RatePairCorr
  0.99ICSH IShares Ultra Short-TermPairCorr
  0.99FTSM First Trust EnhancedPairCorr
  0.96SGOV IShares 0-3 MonthPairCorr

Moving against Franklin Etf

  0.79WTID UBS ETRACS -PairCorr

Franklin Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Franklin Liberty's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Franklin Liberty or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationInvestment Grade ETFs, Broad Debt ETFs, Ultrashort Bond, Franklin Templeton Investments (View all Sectors)
IssuerFranklin Templeton Investments
Inception Date2020-07-14
Entity TypeRegulated Investment Company
Asset Under Management3.73 Million
Asset TypeFixed Income
CategoryBroad Debt
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorFranklin Templeton Services, LLC
AdvisorFranklin Advisers, Inc.
CustodianState Street Bank and Trust Company
DistributorFranklin Distributors, LLC
Portfolio ManagerDavid Yuen, Shawn Lyons, Thomas Runkel, Kent Burns, Johnson Ng
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents22.0
Market MakerVirtu Financial
Total Expense0.15
Management Fee0.15
Country NameUSA
Returns Y T D1.37
NameFranklin Liberty Ultra Short Bond ETF
Currency CodeUSD
Open FigiBBG00W28C0D1
In Threey Volatility1.02
1y Volatility0.41
200 Day M A24.7017
50 Day M A24.8193
CodeFLUD
Updated At27th of March 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.82)
TypeETF
Franklin Liberty Ultra [FLUD] is traded in USA and was established 2020-07-14. The fund is listed under Ultrashort Bond category and is part of Franklin Templeton Investments family. The entity is thematically classified as Investment Grade ETFs. Franklin Liberty Ultra currently have 2.44 M in assets under management (AUM). , while the total return for the last 3 years was 2.4%.
Check Franklin Liberty Probability Of Bankruptcy

Top Franklin Liberty Ultra Etf Constituents

INFXXInstitutional Fiduciary TrustMoney Market FundUS Money Market Fund
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Franklin Liberty Target Price Odds Analysis

What are Franklin Liberty's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Franklin Liberty jumping above the current price in 90 days from now is about 6.68%. The Franklin Liberty Ultra probability density function shows the probability of Franklin Liberty etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Franklin Liberty has a beta of 0.0022. This usually indicates as returns on the market go up, Franklin Liberty average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Franklin Liberty Ultra will be expected to be much smaller as well. Additionally, franklin Liberty Ultra has an alpha of 0.0143, implying that it can generate a 0.0143 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 24.87HorizonTargetOdds Above 24.87
92.63%90 days
 24.87 
6.68%
Based on a normal probability distribution, the odds of Franklin Liberty to move above the current price in 90 days from now is about 6.68 (This Franklin Liberty Ultra probability density function shows the probability of Franklin Etf to fall within a particular range of prices over 90 days) .

Franklin Liberty Ultra Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Franklin Liberty market risk premium is the additional return an investor will receive from holding Franklin Liberty long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Franklin Liberty. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Franklin Liberty's alpha and beta are two of the key measurements used to evaluate Franklin Liberty's performance over the market, the standard measures of volatility play an important role as well.

Franklin Liberty Against Markets

Picking the right benchmark for Franklin Liberty etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Franklin Liberty etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Franklin Liberty is critical whether you are bullish or bearish towards Franklin Liberty Ultra at a given time. Please also check how Franklin Liberty's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Franklin Liberty without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Franklin Etf?

Before investing in Franklin Liberty, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Franklin Liberty. To buy Franklin Liberty etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Franklin Liberty. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Franklin Liberty etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Franklin Liberty Ultra etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Franklin Liberty Ultra etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Franklin Liberty Ultra, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Franklin Etf please use our How to Invest in Franklin Liberty guide.

Already Invested in Franklin Liberty Ultra?

The danger of trading Franklin Liberty Ultra is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Franklin Liberty is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Franklin Liberty. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Franklin Liberty Ultra is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Franklin Liberty Ultra is a strong investment it is important to analyze Franklin Liberty's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin Liberty's future performance. For an informed investment choice regarding Franklin Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Liberty Ultra. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Franklin Liberty's price analysis, check to measure Franklin Liberty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franklin Liberty is operating at the current time. Most of Franklin Liberty's value examination focuses on studying past and present price action to predict the probability of Franklin Liberty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Liberty's price. Additionally, you may evaluate how the addition of Franklin Liberty to your portfolios can decrease your overall portfolio volatility.
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The market value of Franklin Liberty Ultra is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Liberty's value that differs from its market value or its book value, called intrinsic value, which is Franklin Liberty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Liberty's market value can be influenced by many factors that don't directly affect Franklin Liberty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Liberty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Liberty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Liberty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.