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Franklin High Yield Corporate ETF (FLHY)

High Yield Bond | Exchange Traded Fund | Cboe US
24.49 USD +0.12 (0.492%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 24.49

Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 3:05 p.m. EDT

FLHY shows a stable dividend yield of 6.6%, which is strong for a high-yield corporate ETF. The price has been fluctuating within a narrow range, hovering around the 23.7 to 24.3 mark, with a slight upward trend over the past few weeks. While there's no clear momentum wave, the recent price action suggests potential for a buy-the-dip strategy. The ETF has a consistent dividend payout history, making it a solid choice for income-focused investors. However, the lack of significant price movement and the high volatility in the recent price history suggest that it may not be the best short-term opportunity. For long-term investors, the consistent dividends and the ETF's focus on high-yield corporate bonds make it a good candidate for buy-and-hold strategies.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.006381
AutoETS0.011673
AutoARIMA0.011676
MSTL0.011774

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 41%
H-stat 50.17
Ljung-Box p 0.000
Jarque-Bera p 0.064
Excess Kurtosis -0.43

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.58% 6.78% 7.31% 7.39%
Dividend History
Date Dividend Yield %
2026-04-01 0.139 0.577963
2026-03-02 0.115 0.474430
2026-02-02 0.131 0.539889
2025-12-19 0.148 0.619023
2025-12-01 0.115 0.482834
2025-11-03 0.144 0.609952
2025-10-01 0.125 0.528034
2025-09-02 0.125 0.535005
2025-08-01 0.147 0.636604
2025-07-01 0.124 0.538484
2025-06-02 0.130 0.574077
2025-05-01 0.147 0.661258
2025-04-01 0.138 0.620193
2025-03-03 0.119 0.530528
2025-02-03 0.131 0.589114
2024-12-13 0.147 0.666057
2024-12-02 0.117 0.529174
2024-11-01 0.149 0.683684
2024-10-01 0.109 0.494366
2024-09-03 0.124 0.569244
2024-08-01 0.142 0.661654
2024-07-01 0.114 0.542502
2024-06-03 0.137 0.654270
2024-05-01 0.139 0.674257
2024-04-01 0.125 0.605567
2024-03-01 0.120 0.584920
2024-02-01 0.132 0.645610
2023-12-15 0.128 0.638248
2023-12-01 0.122 0.616178
2023-11-01 0.134 0.708996
2023-10-02 0.117 0.619468
2023-09-01 0.130 0.676095
2023-08-01 0.115 0.603620
2023-07-03 0.117 0.619119
2023-06-01 0.144 0.770186
2023-05-01 0.157 0.843436
2023-04-03 0.121 0.650215
2023-03-01 0.108 0.594447
2023-02-01 0.073 0.390151
2022-12-16 0.160 0.888749
2022-12-01 0.119 0.657525
2022-11-01 0.111 0.632373
2022-10-03 0.125 0.729976
2022-09-01 0.144 0.815997
2022-08-01 0.089 0.491201
2022-07-01 0.106 0.614318
2022-06-01 0.123 0.671236
2022-05-02 0.117 0.642079
2022-04-01 0.151 0.796873
2022-03-01 0.101 0.527656
2022-02-01 0.096 0.491208
2021-12-17 0.190 0.961752
2021-12-01 0.115 0.591373
2021-10-29 0.103 0.523018
2021-09-30 0.118 0.596507
2021-08-31 0.106 0.536310
2021-07-30 0.108 0.548407
2021-06-30 0.116 0.591203
2021-05-28 0.104 0.536497
2021-04-30 0.103 0.532385
2021-03-31 0.104 0.542364
2021-02-26 0.094 0.492518
2021-01-29 0.181 0.949980
2020-12-30 0.052 0.272057
2020-11-30 0.105 0.561307
2020-10-30 0.099 0.545304
2020-09-30 0.124 0.687708
2020-08-31 0.113 0.618268
2020-07-31 0.136 0.748245
2020-06-30 0.111 0.642388
2020-05-29 0.115 0.664346
2020-04-30 0.231 1.414863
2020-03-31 0.130 0.837611
2020-02-28 0.090 0.512828
2020-01-31 0.152 0.856363
2019-12-30 0.173 0.973383
2019-11-29 0.118 0.678205
2019-10-31 0.114 0.654705
2019-09-30 0.046 0.266365
2019-08-30 0.124 0.723562
2019-07-31 0.140 0.822406
2019-06-28 0.116 0.683565
2019-05-31 0.289 1.755042
2019-03-29 0.129 0.777199
2019-02-28 0.109 0.666474
2018-12-28 0.279 1.818798
2018-11-30 0.121 0.771190
2018-10-31 0.138 0.874827
2018-09-28 0.112 0.701982
2018-08-31 0.133 0.835338
2018-07-31 0.125 0.791095
2018-06-29 0.111 0.713896
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendDate 2018-07-06
dividendYield 6.6

Info Dump

Attribute Value
All Time High 26.81
All Time Low 19.98
Ask 24.49
Ask Size 400
Average Daily Volume10 Day 712,820
Average Daily Volume3 Month 346,204
Average Volume 346,204
Average Volume10Days 712,820
Beta3 Year 0.61
Bid 18.36
Bid Size 1,400
Category High Yield Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 24.49
Day Low 24.425
Dividend Date 1,530,835,200
Dividend Yield 6.6
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 24.3061
Fifty Day Average Change 0.18389893
Fifty Day Average Change Percent 0.0075659575
Fifty Two Week Change Percent 4.6821356
Fifty Two Week High 24.63
Fifty Two Week High Change -0.13999939
Fifty Two Week High Change Percent -0.0056841006
Fifty Two Week Low 23.23
Fifty Two Week Low Change 1.2600002
Fifty Two Week Low Change Percent 0.05424022
Fifty Two Week Range 23.23 - 24.63
First Trade Date Milliseconds 1,528,983,000,000
Five Year Average Return 0.047758397
Full Exchange Name Cboe US
Fund Family Franklin Templeton Investments
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 CLOSED
Max Age 86,400
Message Board Id finmb_556182242
Nav Price 24.36557
Net Assets 867,460,930.0
Net Expense Ratio 0.4
Open 24.43
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 24.49
Post Market Time 1,776,464,521
Previous Close 24.37
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.119999
Regular Market Change Percent 0.492404
Regular Market Day High 24.49
Regular Market Day Low 24.425
Regular Market Day Range 24.425 - 24.49
Regular Market Open 24.43
Regular Market Previous Close 24.37
Regular Market Price 24.49
Regular Market Time 1,776,456,000
Regular Market Volume 596,436
Short Name Franklin High Yield Corporate E
Source Interval 15
Symbol FLHY
Three Year Average Return 0.0935213
Total Assets 867,460,928
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -0.33786
Trailing Three Month Returns -0.33786
Triggerable 1
Two Hundred Day Average 24.35649
Two Hundred Day Average Change 0.13351059
Two Hundred Day Average Change Percent 0.00548152
Type Disp ETF
Volume 596,436
Yield 0.066
Ytd Return -0.33786