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Franklin High Yield Corporate ETF (FLHY)

High Yield Bond | Exchange Traded Fund | Cboe US
23.37 USD -0.06 (-0.256%) ⇩ (Oct. 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★⯪☆
Hot Take ↕ | Oct. 10, 2026, 6:49 a.m. EDT

The short-term outlook remains neutral as the fund trades below its 50-day and 200-day moving averages, indicating lingering selling pressure despite the high-yield sector's recent upswing. While the statistical forecast model suggests a slight negative lean over the next 45 days, this is a tertiary signal reflecting price noise rather than a fundamental breakdown, so it does not warrant a bearish downgrade. The long-term rating stays neutral because the price history data is unavailable; without a view on the multi-year trajectory, we cannot confirm if the business quality has sustained or deteriorated, leaving the assessment based solely on the current snapshot. However, the dividend profile stands out as a strong relative value play. With a yield of 6.68%, the fund offers a substantial income floor that likely exceeds inflation, making it attractive for income-focused investors seeking exposure to high-yield bonds without taking on the volatility of individual corporate debt.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.008902
AutoARIMA0.008906
MSTL0.008940
AutoTheta0.009094

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 65%
H-stat 80.26
Ljung-Box p 0.000
Jarque-Bera p 0.012
Excess Kurtosis 0.18

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.61% 6.55% 6.57% 6.47%
Dividend History
Date Dividend Yield %
2026-10-01 0.141 0.606191
2026-09-01 0.125 0.520183
2026-08-03 0.143 0.594842
2026-07-01 0.128 0.529254
2026-06-01 0.127 0.524035
2026-05-01 0.126 0.518732
2026-04-01 0.139 0.577963
2026-03-02 0.115 0.471698
2026-02-02 0.131 0.534258
2025-12-19 0.148 0.609304
2025-12-01 0.115 0.472376
2025-11-03 0.144 0.593937
2025-10-01 0.125 0.511143
2025-09-02 0.125 0.515251
2025-08-01 0.147 0.609958
2025-07-01 0.124 0.512821
2025-06-02 0.130 0.543933
2025-05-01 0.147 0.623145
2025-04-01 0.138 0.580833
2025-03-03 0.119 0.493981
2025-02-03 0.131 0.545833
2024-12-13 0.147 0.613779
2024-12-02 0.117 0.484673
2024-11-01 0.149 0.623170
2024-10-01 0.109 0.447823
2024-09-03 0.124 0.513351
2024-08-01 0.142 0.593645
2024-07-01 0.114 0.483871
2024-06-03 0.137 0.580755
2024-05-01 0.139 0.595034
2024-04-01 0.125 0.531237
2024-03-01 0.120 0.510421
2024-02-01 0.132 0.560510
2023-12-15 0.128 0.551012
2023-12-01 0.122 0.529055
2023-11-01 0.134 0.605513
2023-10-02 0.117 0.525843
2023-09-01 0.130 0.570927
2023-08-01 0.115 0.506831
2023-07-03 0.117 0.517241
2023-06-01 0.144 0.640142
2023-05-01 0.157 0.696539
2023-04-03 0.121 0.533275
2023-03-01 0.108 0.484957
2023-02-01 0.073 0.316758
2022-12-16 0.160 0.719263
2022-12-01 0.119 0.528349
2022-11-01 0.111 0.505465
2022-10-03 0.125 0.580531
2022-09-01 0.144 0.645161
2022-08-01 0.089 0.385866
2022-07-01 0.106 0.480726
2022-06-01 0.123 0.522737
2022-05-02 0.117 0.497449
2022-04-01 0.151 0.614321
2022-03-01 0.101 0.404291
2022-02-01 0.096 0.374854
2021-12-17 0.190 0.731191
2021-12-01 0.115 0.446342
2021-10-29 0.103 0.392995
2021-09-30 0.118 0.446462
2021-08-31 0.106 0.399623
2021-07-30 0.108 0.407010
2021-06-30 0.116 0.436994
2021-05-28 0.104 0.394837
2021-04-30 0.103 0.390270
2021-03-31 0.104 0.396040
2021-02-26 0.094 0.358218
2021-01-29 0.181 0.688475
2020-12-30 0.052 0.195820
2020-11-30 0.105 0.403226
2020-10-30 0.099 0.390163
2020-09-30 0.124 0.490138
2020-08-31 0.113 0.438494
2020-07-31 0.136 0.528361
2020-06-30 0.111 0.451220
2020-05-29 0.115 0.464553
2020-04-30 0.231 0.984739
2020-03-31 0.130 0.577265
2020-02-28 0.090 0.351425
2020-01-31 0.152 0.584773
2019-12-30 0.173 0.660835
2019-11-29 0.118 0.457418
2019-10-31 0.114 0.439560
2019-09-30 0.046 0.178053
2019-08-30 0.124 0.482810
2019-07-31 0.140 0.546128
2019-06-28 0.116 0.451467
2019-05-31 0.289 1.153923
2019-03-29 0.129 0.505209
2019-02-28 0.109 0.431052
2018-12-28 0.279 1.171285
2018-11-30 0.121 0.490872
2018-10-31 0.138 0.554106
2018-09-28 0.112 0.442163
2018-08-31 0.133 0.523828
2018-07-31 0.125 0.493486
2018-06-29 0.111 0.443131
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendDate 2018-07-06
dividendYield 6.68

Info Dump

Attribute Value
All Time High 26.81
All Time Low 19.98
Ask 24.11
Ask Size 1,400
Average Daily Volume10 Day 342,730
Average Daily Volume3 Month 258,418
Average Volume 258,418
Average Volume10Days 342,730
Beta3 Year 0.67
Bid 0.0
Bid Size 2,700
Category High Yield Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 23.42
Day Low 23.3499
Display Name High Yield Corporate ETF
Dividend Date 1,530,835,200
Dividend Yield 6.68
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.8774
Fifty Day Average Change -0.5073986
Fifty Day Average Change Percent -0.021250162
Fifty Two Week Change Percent -4.162395
Fifty Two Week High 24.63
Fifty Two Week High Change -1.2599983
Fifty Two Week High Change Percent -0.051157057
Fifty Two Week Low 23.14
Fifty Two Week Low Change 0.23000145
Fifty Two Week Low Change Percent 0.009939562
Fifty Two Week Range 23.14 - 24.63
First Trade Date Milliseconds 1,528,983,000,000
Five Year Average Return 0.0428631
Full Exchange Name Cboe US
Fullday Change -0.050001144
Fullday Change Percent -0.21345204
Fullday Price 23.37
Fund Family Franklin Templeton, Inc
Fund Inception Date 1,527,638,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market conditions, the fund invests at least 80% of its net assets in high yield corporate debt securities and investments that provide exposure to high yield corporate debt securities. It may invest up to 100% of its total assets in high yield debt securities. The fund may invest in debt securities of U.S. and foreign issuers, including those in developing or emerging markets. These securities may be U.S. dollar or non-U.S. dollar denominated.
Long Name Franklin High Yield Corporate ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_556182242
Nav Price 23.41068
Net Assets 1,215,533,060.0
Net Expense Ratio 0.4
Open 23.42
Previous Close 23.43
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0599995
Regular Market Change Percent -0.25608
Regular Market Day High 23.42
Regular Market Day Low 23.3499
Regular Market Day Range 23.3499 - 23.42
Regular Market Open 23.42
Regular Market Previous Close 23.43
Regular Market Price 23.37
Regular Market Time 1,791,921,600
Regular Market Volume 280,490
Short Name Franklin High Yield Corporate E
Source Interval 15
Symbol FLHY
Three Year Average Return 0.0879227
Total Assets 1,215,533,056
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -1.81392
Trailing Three Month Returns -1.81392
Triggerable 1
Two Hundred Day Average 24.20238
Two Hundred Day Average Change -0.8323784
Two Hundred Day Average Change Percent -0.03439242
Type Disp ETF
Volume 280,490
Yield 0.0668
Ytd Return 0.17223